Kprawn
Legendary
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Activity: 1904
Merit: 1074
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April 28, 2016, 03:23:21 PM |
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I use about 20% as a currency and for daily coffee and lunch and the rest is in cold storage as a investment. I think many people follow the same strategy, because nobody wants to be left out in the cold, when the price hits say, $10 000 per Bitcoin. Over time, this might change when more merchants and services accept it as a payment option and the temptation to spend it, will increase. I also think people like the idea that the value of their wealth might double or triple over time, and that is one more reason for them to hold onto it for longer periods.
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raphma
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April 28, 2016, 03:41:03 PM |
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i do buy a few things with my xapo card but generally only as investment, especially right now(rise btc, rise! ) And now that steam acept bitcoin as payment i might spend more bitcoins...
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knowhow
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April 28, 2016, 10:01:23 PM |
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Well i use bitcoin for both options but i use more to investment but my projects are almost full bitcoin soo i use both.
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icet208
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April 28, 2016, 10:58:21 PM |
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I use Bitcoin for both, ocasionaly buying stuffs over the internet but mainly I use it as an investment
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quintiilieo
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April 28, 2016, 11:03:53 PM |
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I use it both sometimes because if im buying in online shop i use it as currency. Then if im buying bitcoin if the price is low i use it as investment because if the price rise my bitcoin get profit . So i use it both.
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MingLee
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April 28, 2016, 11:09:37 PM |
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I personally think that Bitcoin is a combination of both currency and investment, but the value is primarily given to it because of speculation.
I think using Bitcoin as an investment isn't a bad idea, but at the same time it is quite volatile and only useful for the most confident of investors.
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angaper
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April 28, 2016, 11:12:25 PM |
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At this moment I am still using my bitcoins as an investment because I have not found a suitable way to spend or exchange my bitcoins, but I am trying to increase my amount of bitcoin to store just a part on them, and actively spend the other part.
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bitlancr
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April 28, 2016, 11:58:28 PM |
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I use the bitcoin as a investment because its profitable and its the future of the currency's for sure. It has so many advantages and I sometimes use it as a currency to pay things but this happens not often.
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Xenophoto
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April 29, 2016, 12:06:15 AM |
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Nowadays, bitcoin in my place cannot be paid in establishments. I can't use it a currency like a variant for fiat. I'm pretty sure some country allows their people to pay their bills in bitcoin but in my country they do not allow that. I once exchanged some of my bitcoins to Paypal funds, and then bought myself a USB Flash Drive and a bluetooth earphones. But that doesn't mean I'm using bitcoin as a currency. People in my country aren't using bitcoin so I bet I won't be using bitcoin too as a currency in the near future. I'm using bitcoin as an investment as I am waiting for the bitcoin's price to sky rocket. They believe it will happen in June. While I'm still earning some money from Signature Ad campaign, I will not spend it to buy anything from the internet (grocery, gadgets, top-up my phone). I will simply save it to stand as an investment for me.
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silentkiller
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April 29, 2016, 12:14:03 AM |
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I use bitcoin as a currency, cause using bitcoin in paying my bills,shopping online. I never tried using my bitcoin on investment. Cause i will probably loose them on those investment scheme
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tn211
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April 29, 2016, 12:21:16 AM |
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I use bitcoin as a currency, cause using bitcoin in paying my bills,shopping online. I never tried using my bitcoin on investment. Cause i will probably loose them on those investment scheme
I'm also paying some bills with it, for the most part hosting bills to be honest, I use the bitcoin for both investing and as a currency. I think using them both is good because I'm holding but also spending some.
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Doms
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April 29, 2016, 02:06:03 AM |
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Bitcoin for me, as of the moment, is mainly for investment purposes. I've only got a few and still on the process of accumulating. From where I live, merchants accepting BTC are somewhat small in number right now, so the its function as currency still has very limited use. If more people adopts BTC, I'm sure there will be more merchants accepting it as payment.
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Viscount
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April 29, 2016, 02:08:02 AM |
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I use it only for investment. I fear to spend btc for some unimportant stuff cause it may rise suddenly at any time. I do not want to tear off the hair from my bum after it happens
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elobizph
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April 29, 2016, 02:18:35 AM |
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I use it bot,I buy some services using bitcoin and convert to my local currency when bitcoin price goes up
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TheDreadPirateDickstein
Member
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Activity: 140
Merit: 10
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April 29, 2016, 02:24:28 AM |
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Before Charlie Shrem got Ben Lawsky and Bharara involved...investment.
Now, inflationary currency
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Evildrum
Member
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Activity: 84
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
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April 29, 2016, 02:26:41 AM |
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Use bitcoin in a blend between investment and dabbling in use. Would like to establish enough that I can trade and make some decent passive income to put towards retirement.
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Alaki
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April 29, 2016, 02:46:03 AM |
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Basically, I do use 'em as a currency. I do shop online using btc but to be honest, I didn't do any investment with bitcoins. However, I do gamble with 'em (for fun).
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richjohn
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April 29, 2016, 02:48:14 AM |
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I used them as my currency and investment. Well, once I use it as my investment then it will follow that it is my currency use. I use them both because they are very convenient to use.
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pooya87
Legendary
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Activity: 3542
Merit: 10775
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April 29, 2016, 03:09:54 AM |
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i use bitcoin as both, because it is good for both. it is an excellent way to invest my money an earn profit from holding and trading it, also it is an excellent currency with the fast an secure transaction which is pretty cheap to send too.
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zerocharisma
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April 29, 2016, 03:13:15 AM |
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I also use them both. Bitcoin is a good investment for everybody. I use it as a currency when buying something online but just for digital goods only and to top up my mobile. Maybe if there are already many merchant accepts bitcoin here i can use it.
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