d@nte
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September 11, 2016, 08:23:52 PM |
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I think both, I use bitcoin sort of like people who uses gold as a currency back in the old days. It can both be an investment,and a currency. Bitcoin I think is the new digital gold.. It retains value, and sometimes even appreciates in value.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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naidray
Legendary
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Activity: 1232
Merit: 1029
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September 11, 2016, 08:31:23 PM |
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising So, how about you? When i started with bitcoin, in that time actually i was looking any investment, so thats why i use the bitcoin in first time, but later on i realize bitcoin has too many good things in it, but my first step with bitcoin is only investment, but now i am also doing trading and other more things with it. I always preferred investment with bitcoins like you when I was new because I came to know about bitcoins when the price suddenly rose too much and hence I bought some bitcoins and used them as a investment for my future but then I came to know about this community and since then I have started to use bitcoins for most of my activities.
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anama
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September 11, 2016, 11:22:17 PM |
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iam use bitcoin both them iam use currency because iam use bitcoin to buy billing my smartphone and more iam use bitcoin to investment because iam use bitcoin growth to capital my money
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Ryan Dugan
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September 12, 2016, 12:16:04 AM |
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising So, how about you? Both is always better. Why bother with fiat when bitcoin is better and makes you more. Its a stronger currency and has some really nice investment opportunities so none came rival bitcoin or crypto
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onecrypto1231
Newbie
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Activity: 56
Merit: 0
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September 12, 2016, 12:16:23 AM |
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Currency . I use alt coins as investments
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ChronoLite
Sr. Member
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Activity: 840
Merit: 250
www.guestcrew.com
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September 12, 2016, 12:46:48 AM |
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iam use bitcoin both them iam use currency because iam use bitcoin to buy billing my smartphone and more iam use bitcoin to investment because iam use bitcoin growth to capital my money
Well , i agree with you . I use bitcoin for Investment and Currency purpose. While , i make a trade with altcoin (investment) , in different ways i use it for currency (buy my monthly bill and top op my mobile phone). In simple word , bitcoin is help me a lot
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michelle1845
Member
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Activity: 70
Merit: 10
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September 12, 2016, 01:08:46 AM |
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I use btc as an investment. So, when I see that the btc price increase makes it worth to sell, I sell my btc and make some money with it. In my country, not so many shops accept btc as a currency, that's why I do not use it for this purpose.
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John Constantine
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September 12, 2016, 04:34:54 AM |
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I use for both things, because if you know how to take advantage of both possibilities, I think that way it is possible to have more benefits.
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terman45x
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September 12, 2016, 04:42:42 AM |
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I use btc as an investment. So, when I see that the btc price increase makes it worth to sell, I sell my btc and make some money with it. In my country, not so many shops accept btc as a currency, that's why I do not use it for this purpose.
If you cannot use it directly its better to use it in trading where you can grow your coins in long run, and if there is any sort of emergency then you can sell it and exchange to fiat currency.
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Monnt
Legendary
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Activity: 938
Merit: 1002
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September 12, 2016, 06:49:37 AM |
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising So, how about you? When i started with bitcoin, in that time actually i was looking any investment, so thats why i use the bitcoin in first time, but later on i realize bitcoin has too many good things in it, but my first step with bitcoin is only investment, but now i am also doing trading and other more things with it. Well you are in good hands for your investment as you are trusting bitcoin at the first place then it is better now that you are going to spend your bitcoin as currency. Once you have experienced it for sure you are going to become happy and get more encourage to work harder with bitcoin. Trust me, because that's what I've felt. Yes, it is a fact that once we know all the ways we can pend bitcoins like gambling and all then its hard to control the flow of bitcoins and that is the reason I regret a bit why I came to know about spending because just holding my bitcoins could have given me much more profits than spending it
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torrentheaven
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September 12, 2016, 06:57:13 AM |
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Do you use bitcoin as currency? Or you use bitcoin as investment? Or both? I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising So, how about you? When i started with bitcoin, in that time actually i was looking any investment, so thats why i use the bitcoin in first time, but later on i realize bitcoin has too many good things in it, but my first step with bitcoin is only investment, but now i am also doing trading and other more things with it. Well you are in good hands for your investment as you are trusting bitcoin at the first place then it is better now that you are going to spend your bitcoin as currency. Once you have experienced it for sure you are going to become happy and get more encourage to work harder with bitcoin. Trust me, because that's what I've felt. Yes, it is a fact that once we know all the ways we can pend bitcoins like gambling and all then its hard to control the flow of bitcoins and that is the reason I regret a bit why I came to know about spending because just holding my bitcoins could have given me much more profits than spending it If you would not have wasted your coins in gambling then you would have definitely have earned more profits only by holding them, and that profits would have surely exceeded in compare to profits from gambling.
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icecube45
Legendary
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Activity: 1218
Merit: 1000
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September 12, 2016, 06:59:58 AM |
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I use btc as an investment. So, when I see that the btc price increase makes it worth to sell, I sell my btc and make some money with it. In my country, not so many shops accept btc as a currency, that's why I do not use it for this purpose.
If you cannot use it directly its better to use it in trading where you can grow your coins in long run, and if there is any sort of emergency then you can sell it and exchange to fiat currency. Yes indeed in some places are still a few who use bitcoin for payment so many people who can not use it. Where I also like it that I use to trade and investment. Using bitcoin for trade and investment is very nice to make a profit.
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torrentheaven
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September 12, 2016, 07:02:18 AM |
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I use btc as an investment. So, when I see that the btc price increase makes it worth to sell, I sell my btc and make some money with it. In my country, not so many shops accept btc as a currency, that's why I do not use it for this purpose.
If you cannot use it directly its better to use it in trading where you can grow your coins in long run, and if there is any sort of emergency then you can sell it and exchange to fiat currency. Yes indeed in some places are still a few who use bitcoin for payment so many people who can not use it. Where I also like it that I use to trade and investment. Using bitcoin for trade and investment is very nice to make a profit. Exactly and investing them in trading is always a good choice instead of simply holding them and keeping them unused in wallet as it will never allow you to grow your coins.
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ElpadroBitcoin
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September 12, 2016, 07:05:17 AM |
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I dont really use the bitcoin because i dont like to use the bitcoin for non important things i just use them by investments and further i wont do anything with it.
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boyptc
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September 12, 2016, 07:13:57 AM |
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I dont really use the bitcoin because i dont like to use the bitcoin for non important things i just use them by investments and further i wont do anything with it.
Well I would suggest that you must try to use bitcoin as currency too. Just like buying some online goods and pay the services or products that you are going to avail with bitcoin. But if you are just going to treat bitcoin investment and you have your own fiat money to use and to buy your necessities then that is going to be better.
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Bitcoinbro
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September 12, 2016, 07:25:20 AM |
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I use for both things, because if you know how to take advantage of both possibilities, I think that way it is possible to have more benefits.
Same here, I use it for both investing and as a currency. I would use it more often as a currency but it is not accepted in that many places yet. For investing I convert fiat and then leave bitcoin in my wallet to grow. This is the best way to handle thing.
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lucasej
Newbie
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Activity: 47
Merit: 0
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September 12, 2016, 07:33:57 AM |
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Mainly investment, but when I can I use it as currency.
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disconnectme
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September 12, 2016, 07:35:00 AM |
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I use BTC mainly as an investment tool because of the uncertainty with fiat currencies now just to hedge myself against any unforeseen situation
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stevo401
Newbie
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Activity: 28
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September 12, 2016, 08:48:22 AM |
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For bitcoin to be used as a sustainable investment, it also needs to be used as currency. If no one is willing to spend their bitcoin on anything, then it is worthless as a means of currency. Over the long term, a rational person is not going to attribute more value to an asset just because it's 'an investment'. An example of this would be Beanie Babies - they were treated by many as an investment as opposed to a toy, and that could be part of the reason they failed to increase in value. People bought them as an investment as opposed to play with, but without any real underlying value they didn't appreciate. This differs from other collectible toys which people value because of nostalgia and the fact that there are very few left in decent condition. Everyone knows someone who has Beanie Babies with the tags still on (so there is lots of supply) but there are very few people who have the nostalgia associated with them because they were never spent. Similarly, if no one spends their bitcoins, then there is no value. Once the final bitcoin is mined, if the price is unreasonable what is to stop people instead valuing a different crypto currency instead? A large portion of the value derived from bitcoin may be the value it has in darknet markets (just look at the price of bitcoin around the time that the at-that-time biggest darkness market started getting covered by the media). If these markets were to adopt a different currency because of unrealistic expectations as to the value growth of bitcoin, then a significant portion of the actual people spending bitcoin could abandon it.
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dezoel
Legendary
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Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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September 12, 2016, 08:51:57 AM |
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I use for both things, because if you know how to take advantage of both possibilities, I think that way it is possible to have more benefits.
Same here, I use it for both investing and as a currency. I would use it more often as a currency but it is not accepted in that many places yet. For investing I convert fiat and then leave bitcoin in my wallet to grow. This is the best way to handle thing. Yes bitcoin is best investment option at a moment so if you have spare money then you can keep on buying coins according to your budget and hold it for a long term.
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