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Author Topic: Are you using less Bitcoin than you did last year?  (Read 2693 times)
michinzx
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June 03, 2015, 01:19:14 PM
 #21

I both use and buy bitcoin more, bitcoin is always being integrated into more products and services, and there always seem to be plenty of opportunities to use it.
RappelzReborn
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June 03, 2015, 01:38:44 PM
 #22

I just read through this post:
http://www.finance-guy.net/finblog/bitcoin-vol-up

if daily transactions are down 20%, then it makes sense that we are using Bitcoin less than we did 6 months ago. 

What do you guys think, is Bitcoin use falling?

If so, what can we do to help increase it?

I don't think we can judge Bitcoin users just from transaction which are made daily because most of them are probably made by BOTS and from Gambling or Lending Platforms & Exchanges of course . so yeah ... It's simply maybe because of the hacks of exchange on the last months (most of them are chinese) .
However for me ... I'am using it today more then last year or ever , I knew Bitcoin last year and started reading about it and wasen't so interessted but got used it to it by time and finally started using it and now I can't stop Grin

AtheistAKASaneBrain
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June 03, 2015, 01:42:26 PM
 #23

I am using it more, basically because I have a lot more than I did last year, and can't afford spending a bit more.
I would use it daily if my wage was paid on BTC.
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June 03, 2015, 01:44:19 PM
 #24

I am using it more, basically because I have a lot more than I did last year, and can't afford spending a bit more.
I would use it daily if my wage was paid on BTC.

There is actually a service that does that, not sure if its offered for your employer, but its worth checking out: https://www.bitwage.co/

theres nothing here. message me if you want to put something here.
tatu
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June 03, 2015, 01:46:57 PM
 #25

I am using it more, basically because I have a lot more than I did last year, and can't afford spending a bit more.
I would use it daily if my wage was paid on BTC.

There is actually a service that does that, not sure if its offered for your employer, but its worth checking out: https://www.bitwage.co/

Why would he even need to use that? Just buy an amount of bitcoins every month instead. It might be safer not to get your whole wage in btc as well due to fluctuations and at least you can decide how much you want to invest in bitcoin per month.
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June 03, 2015, 02:17:23 PM
 #26

I am using it more, basically because I have a lot more than I did last year, and can't afford spending a bit more.
I would use it daily if my wage was paid on BTC.

There is actually a service that does that, not sure if its offered for your employer, but its worth checking out: https://www.bitwage.co/

Why would he even need to use that? Just buy an amount of bitcoins every month instead. It might be safer not to get your whole wage in btc as well due to fluctuations and at least you can decide how much you want to invest in bitcoin per month.

convenience maybe? some services are based on people being too lazy to do something themselves after all, like account buying/selling in league of legends, people are too busy to level smurf accounts themselves.

theres nothing here. message me if you want to put something here.
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June 03, 2015, 02:30:02 PM
 #27

I am using WAY more because I didn't have any last year!  But I also think that people are holding and waiting for a bounce.  Especially with the recent price decline all the way down to the low 220's.  It should go back up now hopefully that people are getting wise to the block situation.
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June 03, 2015, 02:34:21 PM
 #28


Are you using less Bitcoin than you did last year?


Yes.

R


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anderson00673
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June 03, 2015, 02:39:05 PM
 #29

I use it about the same.  I don't pay much attention to the price fluctuations.  I let the machines deal with that.  Besides most of what I do involves buying/selling hash on hashnest and things like that so it isn't a huge deal if the price fluctuates a little bit.
removebeforeflight
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June 03, 2015, 05:03:43 PM
 #30

Less; because I still cannot buy a darn coffee in Victoria, Canada with BTC..
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June 03, 2015, 05:15:24 PM
 #31

I used it more now especially in prepaid loading business. My online wallet provider that based here in our country have a service that we can purchase prepaid load via Bitcoin. So I used it for selling prepaid loads to my friends , workmates etc. Not much profit but at least it have. A great start though.

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LiteCoinGuy
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June 03, 2015, 05:24:44 PM
 #32

Quote
The average transaction volume per day is down more than 20% for 2015.

I wonder why there is no graphic for this.

-> https://blockchain.info/charts/n-transactions


Ohhhh because it reveals that the author is only spreading FUD.

 Grin ....no...you just found some insider-infos  Wink

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June 03, 2015, 05:29:14 PM
 #33

I was not using bitcoin last year so I guess I am using bitcoin more that last year Cheesy

but tbh, I am increasing my bitcoin income, and also getting more involved in bitcoin everyday. I also plan to buy some in the near future and just waiting for a good price.

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June 03, 2015, 05:32:21 PM
 #34

I personally am using bitcoin a lot more both spending and trading this year 2015. I guess we are losing interest and to many people are just holding without doing anything with it, which is fine each to their own but if it is to go mainstream then use it and show it has a use outside gambling/trading.
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June 03, 2015, 05:33:11 PM
 #35

I was not using bitcoin last year so I guess I am using bitcoin more that last year Cheesy

but tbh, I am increasing my bitcoin income, and also getting more involved in bitcoin everyday. I also plan to buy some in the near future and just waiting for a good price.

I'm using it less on average for this year. If the price is rising I'm more likely to use it because I know it will be worth slightly more by the time I spend it. If it's falling I might lose some money so it puts me off. The recent stability it eerie though, so I might start using it more (if it continues).
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June 03, 2015, 05:36:17 PM
 #36

NO, I am using bitcoin more this year compared to last year, last year i was just selling bitcoin but this year i used it to buy/sell the stuff i need and for other uses
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June 03, 2015, 05:40:07 PM
 #37

I was not using bitcoin last year so I guess I am using bitcoin more that last year Cheesy

but tbh, I am increasing my bitcoin income, and also getting more involved in bitcoin everyday. I also plan to buy some in the near future and just waiting for a good price.

I'm using it less on average for this year. If the price is rising I'm more likely to use it because I know it will be worth slightly more by the time I spend it. If it's falling I might lose some money so it puts me off. The recent stability it eerie though, so I might start using it more (if it continues).
yeah, the kind of stable price is a nice thing imo. but i think the probability of the price staying fixed is so low.

most likely it is going to go down a little more and it might start going up again soon.

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June 03, 2015, 05:48:12 PM
 #38

More. Where I am it's pretty hard to find places to spend, but it's important to make proper use of it. I spend and replace.
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June 03, 2015, 06:20:53 PM
 #39

I am using less to buy things.  I am holding more than I used to because I think the price will go up this year.  Maybe it is just wishful thinking but I believe that this is the time to accumulate.
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June 03, 2015, 07:14:42 PM
 #40

No,I am using and trading Bitcoin more comparing to last year.As you said in your post use of Bitcoin is falling, I don't agree with that because this year Bitcoin has more adoption and popularity than last year.Use of Bitcoin will just increase each year than the last one from now on.
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