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Question: How is bitcoin most important to you?
As payment mechanism between friend, family, coworker - 40 (27.4%)
Store of value independent of the government similar to gold - 38 (26%)
Speculation - 16 (11%)
Pump & dump scheme - 4 (2.7%)
Storing data in blockchain - 5 (3.4%)
Other business payment - 10 (6.8%)
Other - 33 (22.6%)
Total Voters: 146

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Author Topic: How is bitcoin most important to you?  (Read 13764 times)
abs350 (OP)
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December 22, 2015, 03:00:13 AM
 #1

How are you using bitcoin in December 2015?

Your vote please.

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MTBTT
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December 22, 2015, 03:04:56 AM
 #2

I would say that a combination of 1 and 2.

Quote
As payment mechanism between friend, family, coworker
Quote
Store of value independent of the government similar to gold

I think the 4th option which is a pump and dump scheme is definitely not the case with BTC.
Moneyburner
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December 22, 2015, 03:07:15 AM
 #3

Peer to Peer & margin lending. So I voted 'Other'

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langedwig
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December 22, 2015, 03:15:56 AM
 #4

How are you using bitcoin in December 2015?

Your vote please.

I use it as speculation and till now holding my bits.
Wait for the price to increase/decrease after halving.
saturn643
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December 22, 2015, 03:19:53 AM
 #5

Once I can amass a non trivial amount, I am going to use Bitcoin to buy stuff like computer hardware. I think I might even get a miner and try some mining.
Bought
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December 22, 2015, 03:22:06 AM
 #6

Voted for Speculation, because right now the price is too volatile for BTC to be considered as a store of value in the long term.

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December 22, 2015, 03:22:25 AM
 #7

I use it to buy things online anonymously. I also use it as an investment. Overall, I love using Bitcoin.
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December 22, 2015, 03:29:06 AM
 #8

I choose number 1

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December 22, 2015, 03:31:26 AM
 #9

I think Bitcoin is a good means of simple transactions, and it is kind of a store of value, however it isn't fully a store of value due to the volatility. I would say that Bitcoin is fairly important to me, however I don't have my life savings stored away in some coins. I just use this as a simple side thing, and roll with whatever happens I guess. Any money is good money, and so I am fine with doing whatever if it means I'm adding to my bankroll.
MyBTT
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December 22, 2015, 03:32:51 AM
 #10

Well I voted for "As payment mechanism between friend, family, coworker".

Because I believe BTC designed as a payment gateway. I've used BTC a dozen times to transfer funds to friends overseas.


 
 
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7788bitcoin
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December 22, 2015, 03:33:24 AM
 #11

Both "As payment mechanism between friend, family, coworker" and "Store of value independent of the government similar to gold"...
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December 22, 2015, 03:50:49 AM
 #12

Like independent from government laws and speculating higher values are interlinked and giving me a reason to make myself to love bitcoin. Investing into a highly returning instrument are not the option available to all generation of people. Like my grand father, now I'm able to buy a share of coca cola kind of company, that is bitcoin. Speculation is the prime factor.
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December 22, 2015, 04:16:33 AM
 #13

i will vote for these 3 options

- As payment mechanism between friend, family, coworker
- Store of value independent of the government similar to gold
- Speculation

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December 22, 2015, 04:19:11 AM
 #14

I am using Bitcoin as of December 2015 for what it is designed for - paying for digital goods and online services. The next one would be as an investment - apart from spending them, I also save some of them for the future.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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December 22, 2015, 04:20:38 AM
 #15

Bitcoin currently is important to me because it allows me to send money 24/7 to anywhere in the world instantly. I also like the fact that it is an investment. It's basically a win win situation for me.
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December 22, 2015, 05:44:53 AM
 #16

because there is no one to ask/control it and i can buy/use any amount of coins regardless of the money coming from drugs ,smuggling or any other illegal activities,so maybe other.
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December 22, 2015, 05:57:22 AM
 #17

important is like i am jobless so now i am doing signature campaign and earning like 0.03+ bitcoins and saving it , i mostly use for my mobile recharge , datacard, and now i am searching bitcoin job online,
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December 22, 2015, 06:05:40 AM
 #18

bitcoin important to me because i can earn bitcoin free and only need to post. and i can buy anything with bitcoin and gambling with bitcoin..
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December 22, 2015, 06:10:57 AM
 #19

because there is no one to ask/control it and i can buy/use any amount of coins regardless of the money coming from drugs ,smuggling or any other illegal activities,so maybe other.

yes bitcoin transactions are very secret, but it is not the most important for me, the most important thing for me is,bitcoin will remain a legitimate payment options
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December 22, 2015, 06:24:31 AM
 #20

Since,  this year (2015) january, all my phone and internet bills were fully depends on bitcoin. And i've adjusted my budgets. so, if i don't have bitcoin, i cannot use internet. So the bitcoin is important to me this way. And so i voted "other".
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