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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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Junko
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July 03, 2016, 01:41:21 AM
 #421

If you count gambling and playing poker with bitcoin as using it as currency, then both. I don't sell any of the bitcoins I get, I just keep buying when I can and however I accumulate them I justs hodls them. If I want to spend, I just use fiat.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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July 03, 2016, 08:05:29 AM
 #422

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 use bitcoin as both currency and investment. I often invest bitcoin in order to increase profits and I also use bitcoin as a currency if I want to buy something.
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July 03, 2016, 08:35:25 AM
 #423

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 use bitcoin as both currency and investment. I often invest bitcoin in order to increase profits and I also use bitcoin as a currency if I want to buy something.
You can also use your bitcoin to make other investment like putting them on an investment sites or just using them as a capital for doing trading whether it's bitcoin or altcoin. But it doesn't matter which of those two you will choose because they always gives opportunity to earn more bitcoins which can help you to increase your profits Smiley.
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July 03, 2016, 05:43:34 PM
 #424

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 use bitcoin as both currency and investment. I often invest bitcoin in order to increase profits and I also use bitcoin as a currency if I want to buy something.
You can also use your bitcoin to make other investment like putting them on an investment sites or just using them as a capital for doing trading whether it's bitcoin or altcoin. But it doesn't matter which of those two you will choose because they always gives opportunity to earn more bitcoins which can help you to increase your profits Smiley.
True you can use Bitcoin to invest to an investment site but you must be careful though.  Lots of investment sites are labeled either PONZI of HYIP which instead of having an opportunity for your BTC to increase, might be in a situation where it can be gone like vapor.  And trading BTC / altcoin isnt easy too.  You need to research and learn the movement of whales towards the coin you are holding.

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July 03, 2016, 09:53:19 PM
 #425

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?

Using btc is an investment in itself in my opinion, that being said, I use it for currency as well yes.
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July 03, 2016, 09:54:44 PM
 #426

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?

Using btc is an investment in itself in my opinion, that being said, I use it for currency as well yes.

We can treat bitcoin in both ways, if you need money badly then use it as a currency and not then hold it for future to earn best returns from it.
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July 04, 2016, 11:54:07 AM
 #427

There are various roles and depend upon the situation and businesses it varies. The best part is that you can get it quickly and transfer to anybody instant. But stability of price and its durability in future is still unknown as different countries have different policy world wide for cyptocurrency.

Using bitcoins as investment or currency depends on the circumstances. Initially bitcoins are more of a investment than currency. But once bitcoin reaches a stable value, people will start using it as a currency. IMO, in future, we need not to differentiate bitcoin from fiats as bitcoin will be more useful than fiats. So, finally bitcoin will turn as currency for every bitcoiner.

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July 04, 2016, 12:06:25 PM
 #428

I used bitcoin mainly as an investment, its more profitable than investing in dollars and i can do the transansaction easily
And as i used it for a longer time there are so many shop accepting bitcoin so i also used it as a payment, so in other words i used it for currency and as investment
I use bitcoins as both currency and investment. Bitcoins are more preferable as investment these days because it is
still in it's initial stage. The value of bitcoin is unstable and huge profit can be generated if we invest into bitcoins now.
My idea is today's investment into bitcoin will get us more chances (and more wealth) to use bitcoin as a currency in future.
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July 04, 2016, 01:50:43 PM
 #429

|If you are clever you only use bitcoins for a investment because it is really important to make sure that you understand the bitcoin and not using
it because others are making money with it. You need to know what it does and when the price will rise and drop.
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July 04, 2016, 04:38:45 PM
 #430

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?

Using btc is an investment in itself in my opinion, that being said, I use it for currency as well yes.

That is right. If you just use BTC, you are increasing bitcoin adoption and its value.
The value of coins that you have set aside as an investment will rise as well.  Smiley
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July 04, 2016, 04:54:34 PM
 #431

I honestly using it for both ways because the bitcoin is nice as a currency but with investing you can also make a nice profit for sure.
Its all about how and what you want to do with the bitcoin some only use it for the profit, I think that is just bad.
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July 04, 2016, 04:56:35 PM
 #432

I use it as a currency to get what I want right now.
Maybe that will change in the future but that is what my standard is for now.
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July 04, 2016, 05:00:20 PM
 #433

I think it's main purpose is for use as a currency and so far, that's the best use I've come up with.  The nice thing about using BTC as currency is that quite a few places offer a discount for using it.  It has many advantages in an online world.  I don't think it's a replacement currency though and wouldn't use it for all purchases all the time.

I'd love to treat BTC as an investment but the market is still relatively new and the price is highly volatile -- the "true value" is anybody's guess.  Major price fluctuations are the main reason I don't see it as a typical buy-and-hold investment, but there's a lot of fun with short-term trades.

Investment or currency, at least BTC is being used and the use seems to be growing which should make all of us happy.
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July 04, 2016, 05:02:48 PM
 #434

I honestly using it for both ways because the bitcoin is nice as a currency but with investing you can also make a nice profit for sure.
Its all about how and what you want to do with the bitcoin some only use it for the profit, I think that is just bad.

If bitcoin is allowing us to make good profits then I don't think that there is nothing bad in it, if you are putting your money into it then you will definitely expect something out of it.
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July 04, 2016, 05:07:23 PM
 #435

I use bitcoin for both. by applying my investment can benefit. while for the currency I can simplify and accelerate a variety of financial transactions that I did. I am glad to know bitcoin.

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July 04, 2016, 05:09:03 PM
 #436

I honestly using it for both ways because the bitcoin is nice as a currency but with investing you can also make a nice profit for sure.
Its all about how and what you want to do with the bitcoin some only use it for the profit, I think that is just bad.
Yeah i think all people here the same we are using bitcoin both as currency and investing because buying bitcoin is one of the investment and using bitcoin for dealing with other or buy something online that acept bitcoin as payment..



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Rainbot
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langedwig
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July 04, 2016, 05:12:02 PM
 #437

I used bitcoin mainly as an investment, its more profitable than investing in dollars and i can do the transansaction easily
And as i used it for a longer time there are so many shop accepting bitcoin so i also used it as a payment, so in other words i used it for currency and as investment
I use bitcoins as both currency and investment. Bitcoins are more preferable as investment these days because it is
still in it's initial stage. The value of bitcoin is unstable and huge profit can be generated if we invest into bitcoins now.
My idea is today's investment into bitcoin will get us more chances (and more wealth) to use bitcoin as a currency in future.
Me too. If I am in need of money, I exchange the BTC to my currency and use it. Now I am saving BTC to get profit after the halving. I am planning invest some BTC to buy more BTC to get more profit.
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July 04, 2016, 05:19:03 PM
 #438

I also use bitcoin for an investment, because i heard many speculation that say the price of bitcoin will increase so high because the halving and i invest around 3 bitcoins, the result is quite good for now.
if i were you i would definitely not invest any bitcoins i have to be honest because in my opinion if you will put your money into a ponzi scam you will definitely lose everything you have

i use bitcoin as an ordinary currency and i sometimes invest bitcoins into trading it with other cryptocurrencies, that gives me some profit over time even though it is a small profit

 
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July 04, 2016, 06:05:44 PM
 #439

I use it as a currency to get what I want right now.
Maybe that will change in the future but that is what my standard is for now.

I also use it as a currency because you can buy all kind of things with the bitcoin and they are mostly also cheaper.
As example you got some games here in digital goods that are way cheaper than on steam.
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July 04, 2016, 06:09:44 PM
 #440

I am using bitcoin as both I am using it for my investment in the future and also I am using it to buy things which are easily available to me to buy online but as a lot of things are not available with bitcoin so I will have to convert them to fiat to buy them.
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