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Question: Do you use bitcoin as currency or investment?
As currency
As investment
Both of them
I don't know/I don't care

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vero
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September 13, 2016, 09:44:35 AM
 #1461

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 Grin

So, how about you?

I suppose I use it for "both" because I use to buy stuff occasionally but I also hold most of my bitcoins waiting a huge price increase . Joining Bitcoin world 2014 makes you feel that you are late for the train honestly , so I don't want to sell until I make decent amount of profit .
I dont use bitcoins at all and the main reason about that is that we dont need other currencys if we have dollars or euros i dont see the point of using bitcoins only respect for the people who are making real money with it.
You mean you do not have any bitcoin wallet and does not have bitcoin balance? Why you are here if you do not used bitcoin? because all i know all users here in bitcointalk.org are using bitcoin as investment but most of the users using it as currency.

People are using it for trading and gambling and also by converting them to fiat currency, and for better future of bitcoin we should use it as a currency and rest should be saved for the future.
you mean we should use it as currency? so in your eyes at this time is not a currency bitcoin, I guess everyone already knows bitcoin is the currency and for who call it an investment, that's only the added value of bitcoin.

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torrentheaven
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September 13, 2016, 02:22:17 PM
 #1462

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 Grin

So, how about you?

I suppose I use it for "both" because I use to buy stuff occasionally but I also hold most of my bitcoins waiting a huge price increase . Joining Bitcoin world 2014 makes you feel that you are late for the train honestly , so I don't want to sell until I make decent amount of profit .
I dont use bitcoins at all and the main reason about that is that we dont need other currencys if we have dollars or euros i dont see the point of using bitcoins only respect for the people who are making real money with it.
You mean you do not have any bitcoin wallet and does not have bitcoin balance? Why you are here if you do not used bitcoin? because all i know all users here in bitcointalk.org are using bitcoin as investment but most of the users using it as currency.

People are using it for trading and gambling and also by converting them to fiat currency, and for better future of bitcoin we should use it as a currency and rest should be saved for the future.
you mean we should use it as currency? so in your eyes at this time is not a currency bitcoin, I guess everyone already knows bitcoin is the currency and for who call it an investment, that's only the added value of bitcoin.

You didn't get his point, he is trying to say that even if we cannot spend it directly we should spend them by converting it to fiat currency as the movement of bitcoins is important for the higher price in future.
ajun96
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September 13, 2016, 10:59:17 PM
 #1463

iam prefered use bitcoin to investment
because only few this store online or oflline support payment bitcoin
so majority my bitcoin use to investment
trading altcoin and trading bitcoin
yeah true I think everyone did the same. would seem impossible if they only use use bitcoin for currency only. because in fact using bitcoin only included the investment and are very likely to make a profit when prices rise bitcoin. so I'm sure all users must have also invested
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September 13, 2016, 11:13:20 PM
 #1464

Mainly for investments. I use it more often for trading or investing in different projects, when good opportunities arise.
Well, everyone uses bitcoin differently, but basically they use bitcoin as an investment tool to make them make money. I guess I'm also doing it unconsciously. I always hold bitcoin I have to bitcoin prices rise, and when the price goes up I'll sell it.
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September 13, 2016, 11:43:11 PM
 #1465

For me i use bitcoin as currency as i have my daily commitments in life and i am fullfilling it through bitcoin by doing signature campaign, giving my skill work for bitcoin and getting free altcoins and trading with them. Like this their are lot of option to earn bitcoin online. 80% i use it by converting it to fiat currency and balance 20% i keep for future.
Lol I think if you use bitcoin currency for you do not need to convert your money to fiat? you just simply use bitcoin only for all your activities? the mean by using bitcoin as a currency is that you buy something using bitcoin?

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September 14, 2016, 10:19:18 AM
 #1466

Mainly for investments. I use it more often for trading or investing in different projects, when good opportunities arise.
Well, everyone uses bitcoin differently, but basically they use bitcoin as an investment tool to make them make money. I guess I'm also doing it unconsciously. I always hold bitcoin I have to bitcoin prices rise, and when the price goes up I'll sell it.

Yes its good to sell them when you higher price instead of holding them for future, and if price again goes down in future then you have an opportunity to buy it again.
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September 14, 2016, 08:22:40 PM
 #1467

I'm using it for both things, when it became the currency  bitcoin then I used to buy my  various needs... and when used for investment then I  use to trade btc. don't forget, I am also using  bitcoin to buy gold in the real world, as a  form of long-term investment..
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September 14, 2016, 08:25:25 PM
 #1468

I'm using it for both things, when it became the currency  bitcoin then I used to buy my  various needs... and when used for investment then I  use to trade btc. don't forget, I am also using  bitcoin to buy gold in the real world, as a  form of long-term investment..

is the gold buying paying off so far? Hows the price? I was thinking of collecting a lot more than 20$ and invest it in a gambling site or buy gold.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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September 14, 2016, 08:28:12 PM
 #1469

To me bitcoin is a currency and shall always remain so.And money can be used for various purposes and investment is also one of them.

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September 14, 2016, 09:48:33 PM
 #1470

Mainly for investments. I use it more often for trading or investing in different projects, when good opportunities arise.
Well, everyone uses bitcoin differently, but basically they use bitcoin as an investment tool to make them make money. I guess I'm also doing it unconsciously. I always hold bitcoin I have to bitcoin prices rise, and when the price goes up I'll sell it.

Yes its good to sell them when you higher price instead of holding them for future, and if price again goes down in future then you have an opportunity to buy it again.

currently it is estimated that the price of bitcoin will increase more in the coming future so in regard to that the price of bitcoin is much lower so we do not have to sell them now and have to wait with them for more longer to get a more profit in the coming future ,
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September 14, 2016, 11:17:54 PM
 #1471

Until the present moment, bitcoin has been very helpful to me in regard to investments, but I have not often used for payments and online purchases.
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September 14, 2016, 11:23:41 PM
 #1472

iam prefered to investment
to trading fast growth my capital money

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batang_bitcoin
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September 15, 2016, 12:16:21 AM
 #1473

Until the present moment, bitcoin has been very helpful to me in regard to investments, but I have not often used for payments and online purchases.

The use of bitcoin as currency is depending on the location you lives because there are still countries that are not accepting bitcoins because of the restriction the country implements for bitcoin. Just like here in my country, I'm enjoying the use of bitcoin as currency because an exchange site is selling good service and product with the use of bitcoin.



 

 

 

 

 

 


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September 15, 2016, 01:40:38 AM
 #1474

Until the present moment, bitcoin has been very helpful to me in regard to investments, but I have not often used for payments and online purchases.

The use of bitcoin as currency is depending on the location you lives because there are still countries that are not accepting bitcoins because of the restriction the country implements for bitcoin. Just like here in my country, I'm enjoying the use of bitcoin as currency because an exchange site is selling good service and product with the use of bitcoin.
True, it really depends on the country which you live in because  if you earn bitcoin then your country dont have any merchants to spend it then those bitcoin you earn  would serve as  an investment but it would be possible also to be a currency when those bitcoin you earn you always  exchange it  to fiat everyday.

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September 15, 2016, 01:47:51 AM
 #1475

I use bitcoin in investing in mining , trading and gambling.
Because I believe this strategy grow my bitcoin..

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September 15, 2016, 03:13:47 AM
 #1476

Mainly for investments. I use it more often for trading or investing in different projects, when good opportunities arise.
Well, everyone uses bitcoin differently, but basically they use bitcoin as an investment tool to make them make money. I guess I'm also doing it unconsciously. I always hold bitcoin I have to bitcoin prices rise, and when the price goes up I'll sell it.

Yes its good to sell them when you higher price instead of holding them for future, and if price again goes down in future then you have an opportunity to buy it again.

currently it is estimated that the price of bitcoin will increase more in the coming future so in regard to that the price of bitcoin is much lower so we do not have to sell them now and have to wait with them for more longer to get a more profit in the coming future ,

There are people who do hold their bitcoin for long term investments   and some  may  do short term trades  when bitcoin price moves. It really depends on the intention or interest of the  owners. I f you want to enjoy profits on short term then trading short  term would be ideal.

madwica
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September 15, 2016, 05:47:34 AM
 #1477

Mainly for investments. I use it more often for trading or investing in different projects, when good opportunities arise.
Well, everyone uses bitcoin differently, but basically they use bitcoin as an investment tool to make them make money. I guess I'm also doing it unconsciously. I always hold bitcoin I have to bitcoin prices rise, and when the price goes up I'll sell it.

Yes its good to sell them when you higher price instead of holding them for future, and if price again goes down in future then you have an opportunity to buy it again.

currently it is estimated that the price of bitcoin will increase more in the coming future so in regard to that the price of bitcoin is much lower so we do not have to sell them now and have to wait with them for more longer to get a more profit in the coming future ,

There are people who do hold their bitcoin for long term investments   and some  may  do short term trades  when bitcoin price moves. It really depends on the intention or interest of the  owners. I f you want to enjoy profits on short term then trading short  term would be ideal.
Much better to do trading to increase the profit of your investment, for me i use it both i have bitcoin for investment and also have bitcoin to spend. I have that because i want to manage well my money in terms of bitcoin.
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September 15, 2016, 06:01:27 AM
 #1478

I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

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September 15, 2016, 06:04:40 AM
 #1479

I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.
I think you better focus first on savings before you plan to invest, do not mix things up so you will achieve a good outcome. Investing is good but only up to the amount of money you can afford to lose so when you have not savings you cannot invest.
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September 15, 2016, 06:06:17 AM
 #1480

I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.

Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like.
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