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ajun96
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May 29, 2016, 10:31:27 AM |
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I believe in diversification, so I would prefer to spread my money on different options. Bitcoins, Dollars, Metals, Financial instruments, all these seem a good option for me.  is it not give you hassles in doing its use? You have a wide variety of forms of investment and money? What about when you want to sell it? maybe you'll hassles or complicated right ? I do not use it all. I save money on fiat and in bitcoin it will be easier |
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StoreBit
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May 29, 2016, 12:02:33 PM |
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depend on situation. in present days I prefer my money to be in bitcoin. because you can see that in present days the rate of the bitcoins is increasing day by day. but when it stop ascending and start descending then I will like my currency to be in cash so that its value may not decrease to such a low level.
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co5hike
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May 29, 2016, 12:16:36 PM |
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Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.
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vlight
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May 29, 2016, 12:39:22 PM |
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If i had to choose one, it would definitely be Bitcoin.
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giacatluong
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May 29, 2016, 12:41:18 PM |
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I prefer my money to be in cash because i feel it safe more.
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sillug
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May 29, 2016, 02:19:51 PM |
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Of course I prefer it to be in Bitcoin or I wouldn't be here. Cash is just some nice-looking paper without real value.
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greBit
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May 29, 2016, 02:23:00 PM |
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I will keep bitcoin for online purchases as its good to spend bitcoin online, you can also avail some good discounts if you purchase using bitcoin and cash for daily usage.
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Labumi
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May 29, 2016, 02:27:40 PM |
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Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.
Yup, both of which have a large role in life. because all transactions are definitely in need of a means of payment (physical and non physical). The money can be used for direct transactions, whereas the bitcoin can only be used for indirect transactions. Both means of payment also has advantages and disadvantages |
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bloodnest
Member
 Offline
Activity: 70
Merit: 10
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May 29, 2016, 02:56:09 PM |
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Bitcoin
1. I don't have Paypal, credit card, bank account (one that I'm knowledgeable about using anyways) or any other payment processor besides Bitcoin since I don't have a valid credit card/bank account I can link to + verification.
2. It can grow (though it could also fall)
3. Lots of exciting opportunities to be made with Bitcoin (cryptocurrency in general), opportunities I couldn't have been involved with before the Bitcoin craze thing happened since -refer to number one- .
IRL though, flat currency will always win out... at least for this generation who knows what the future holds for us.
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terman45x
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May 29, 2016, 03:02:06 PM |
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Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.
Yup, both of which have a large role in life. because all transactions are definitely in need of a means of payment (physical and non physical). The money can be used for direct transactions, whereas the bitcoin can only be used for indirect transactions. Both means of payment also has advantages and disadvantages The best advantage of holding cash is that it can be used anywhere, even at small grocery and even at big malls, but the use of bitcoin is limited at a moment. |
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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May 29, 2016, 05:57:30 PM |
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Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.
Yup, both of which have a large role in life. because all transactions are definitely in need of a means of payment (physical and non physical). The money can be used for direct transactions, whereas the bitcoin can only be used for indirect transactions. Both means of payment also has advantages and disadvantages The best advantage of holding cash is that it can be used anywhere, even at small grocery and even at big malls, but the use of bitcoin is limited at a moment. Still it's really important to have cash on hand. That is part of a person's everyday life. 99.9% - 999.9% of financial transactions can be done by using physical cash even offline. |
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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May 29, 2016, 08:21:37 PM |
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Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.
Yup, both of which have a large role in life. because all transactions are definitely in need of a means of payment (physical and non physical). The money can be used for direct transactions, whereas the bitcoin can only be used for indirect transactions. Both means of payment also has advantages and disadvantages The best advantage of holding cash is that it can be used anywhere, even at small grocery and even at big malls, but the use of bitcoin is limited at a moment. I also used to feel the same but then I realized that we can convert our bitcoins into gift cards and then spend it in online stores. Big malls have too many taxes while online stores offer better prices and with bitcoins, we are saving taxes too. Just waiting for a bitcoin debit card with no fee to be introduced and then there would be no difference between cash and bitcoins. |
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mark coins
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May 29, 2016, 08:28:42 PM |
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Its good to have both of them, as we are not able to spend bitcoin everywhere, so it can be good saving and investment for future and to spend physically cash or credit card is good.
Yup, both of which have a large role in life. because all transactions are definitely in need of a means of payment (physical and non physical). The money can be used for direct transactions, whereas the bitcoin can only be used for indirect transactions. Both means of payment also has advantages and disadvantages The best advantage of holding cash is that it can be used anywhere, even at small grocery and even at big malls, but the use of bitcoin is limited at a moment. I also used to feel the same but then I realized that we can convert our bitcoins into gift cards and then spend it in online stores. Big malls have too many taxes while online stores offer better prices and with bitcoins, we are saving taxes too. Just waiting for a bitcoin debit card with no fee to be introduced and then there would be no difference between cash and bitcoins. I have not used bitcoin debit card yet, but I think there is certain annual fees attached to it and there is also conversion fees that you need to pay while withdrawing from ATM. |
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sana54210
Legendary
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Activity: 3206
Merit: 1128
"CoinPoker.com"
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May 30, 2016, 08:24:48 AM |
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Bitcoin
1. I don't have Paypal, credit card, bank account (one that I'm knowledgeable about using anyways) or any other payment processor besides Bitcoin since I don't have a valid credit card/bank account I can link to + verification.
2. It can grow (though it could also fall)
3. Lots of exciting opportunities to be made with Bitcoin (cryptocurrency in general), opportunities I couldn't have been involved with before the Bitcoin craze thing happened since -refer to number one- .
IRL though, flat currency will always win out... at least for this generation who knows what the future holds for us.
You don't trade your bitcoins at all or only gamble it? It's surprising that you don't have a PayPal account too. I too support crypto currency but don't have all my cash in the form of bitcoins. I may just lose all of them if I only hold my coins. |
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bryant.coleman
Legendary
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Activity: 3696
Merit: 1217
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May 30, 2016, 08:54:17 AM |
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Right now, my preference is for fiat cash. Because I can't afford to take a huge amount of risk. My finances are pretty weak right now. If I convert all my money to BTC, and then if BTC crashes to $100 or $150 per coin, I will be completely ruined. I will consider converting a small part of my cash to BTC. May be 5% or 6%. But definitely not more than that.
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Dwelach
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May 30, 2016, 09:51:08 AM |
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Cash is always king. It is wiser to hold cash for liquidity. But I converted some long term savings & investment funds to BTC.
I actually collect bitcoin to be convert to fiat. I want to invest on bitcoin, but I'm afraid of non-stable price, besides, I also need cash to buy daily necessary that wise,i believe bitcoin have different situation in every country,and its cannot same in future,its why many people prefer cash money,but also they want bitcoin,and when they got bitcoin,they will use its as investement with cash money purpose. I would prefer my moneys in cash that is always better then bitcoins. You can buy anything with cash but you cant with coins so give me cash and the stupid ones choose coins. |
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jhenfelipe
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May 30, 2016, 12:40:43 PM |
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Cash is always king. It is wiser to hold cash for liquidity. But I converted some long term savings & investment funds to BTC.
I actually collect bitcoin to be convert to fiat. I want to invest on bitcoin, but I'm afraid of non-stable price, besides, I also need cash to buy daily necessary that wise,i believe bitcoin have different situation in every country,and its cannot same in future,its why many people prefer cash money,but also they want bitcoin,and when they got bitcoin,they will use its as investement with cash money purpose. I would prefer my moneys in cash that is always better then bitcoins. You can buy anything with cash but you cant with coins so give me cash and the stupid ones choose coins. It depends on your needs. Some people buy things/stuffs online for their daily needs that's why they choose bitcoin. But most of us prefer to use cash and buy things on the physical stores. IMO in offline world it would be easier and more convenient to use cash while bitcoin is more preferable to use in online world. In my situation, I am earning bitcoin and convert some to cash, and sometimes use others to buy stuffs online. |
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dinda22
Legendary
Offline
Activity: 1232
Merit: 1000
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May 30, 2016, 12:52:33 PM |
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maybe I would choose both. partly into cash and partly into Bitcoins. because too many in bitcoin, the risk is too great when the price drops.
That's true but if I have to travel overseas then I would keep it in bitcoins, as there is no limit in bitcoin, but in cash you can carry only limited amount. But id rather choose cash because by that we know that our money is safety in our hands and we can uae anytime we want without worying that our bitcoin will be gone or price will drop and thats what im intended to do since im using bitcoin if i earn i will cash out it weekly basis so i can enjoy my hard earn money, and choosing bitcoin not realy bad if your risktaker enough and ready to losr anything with it. I basically use bitcoin just to make a profit, for the current transaction is still limited, so I also prefer in the form of fiat, if I travel overseas |
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Cryptonitex
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May 30, 2016, 12:57:37 PM |
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I've already made the switch. BitCoin is my currency. I am paid in BitCoin from my jobs, and I spend my BitCoin just like cash.
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Labumi
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May 30, 2016, 01:00:01 PM |
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I've already made the switch. BitCoin is my currency. I am paid in BitCoin from my jobs, and I spend my BitCoin just like cash.
The selection is pretty good, you've got a success in the currency of the Bitcoin, because you already have paid jobs using Bitcoin, it's something very fun and uplifting. But I hope you can save most of your Bitcoin for big profits in the future |
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