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krishna1
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August 25, 2016, 04:45:45 PM |
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It is a long time passed since i have bought my first bitcoin at that time i have planned to invest it but as days and konth passed i am busy with this so much that i hse it on every possible transaction with it daily.
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Supercrypt
Legendary
 Offline
Activity: 1554
Merit: 1054
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August 25, 2016, 05:23:13 PM |
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If we can use direct bitcoin be sure we could use the currency. But in my opinion is very risky because bitcoin is often fluctuate so prices will quickly up and down and inappropriate when used for currency. I better use bitcoin as a short-term investment because it can make a profit is quite good in my opinion.
It's not a problem if the company deals only with bitcoin services. They don't have to worry the price fluctuations since overall they are using bitcoin as a regular payment to deal with those services. Bitcoin doesn't simply just go and fluctuate every second. I believe it has atleast a a minute interval? Besides, they can use bitpay service to automatically translate bitcoin into usd or euro or whatever currency is available. That way, shop owners don't actually risk from immediate fluctuations. |
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Akupuniard
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August 25, 2016, 05:35:56 PM |
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Mostly using as currency, i am not so good in bitcoins to invest my money, i need some advice from trusted people before i will do this, but i can use it as currency without problems.
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Shibashi Dogemoto
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August 25, 2016, 05:36:22 PM |
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Its a 70/30 ratio for me, 70% goes into investment and rest 30% is used as a currency for buying online stuffs, and most of the coins are invested in trading.
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skysblu
Full Member
Offline
Activity: 219
Merit: 205
_Bitcoin Africa_
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August 25, 2016, 05:39:57 PM |
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I use bitcoin for both. I invest to make trades and I also purchase various necessities of life using bitcoin.
bitcoin is so easy and practical to use.
Yes,you're right when you said using bitcoin is so easy and it nice either to use bitcoin as currency or investment but you need to be more careful in other not to loose your bitcoin just like that cos there's a lot of risk involve in using bitcoin as investment. well if you will invest into bitcoins then you might lose a lot of money because no one knows ho will investments turn out |
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agustina2
Legendary
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Activity: 2436
Merit: 1008
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August 25, 2016, 05:46:21 PM |
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I have been thinking about this lately, how can you tell the difference between currency and investment?
Because if you have something of value then you can trade it which makes it equal to a currency.
And when you have something that has value of currency only then you can turn it into an investment.
So currency or investment, both are the same.
Currency and investment has different meaning literally but if we will take it "Using bitcoin as currency or investment" this is the appropriate answer in my own view. Using bitcoin as a currency means like the way you treat fiat. No holding for price increase but rather using it regularly to the things you want to use it like fiat. Bitcoin as investment means... yes it's already obvious. You will put money in bitcoin and you are expecting good returns out of it. |
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bitcoinvestor
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August 25, 2016, 06:05:24 PM |
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I use both, I use bitcoin as an investment and currency, I usually pay the electrical bill with bitcoin because that is the easiest way to spend bitcoin in my country. Curently, there are not many stores that accept bitcoin. However some services like phone and electrical billing accept bitcoin.
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skysblu
Full Member
Offline
Activity: 219
Merit: 205
_Bitcoin Africa_
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August 25, 2016, 06:08:58 PM |
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sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?
Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it. Certainly, and I believe that most users use for these purposes as well. yeah investing into bitcoins is really good for me to be honest though besides that i also rarely do shopping online with bitcoins |
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ruselbd
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August 25, 2016, 07:00:56 PM |
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I am utilizing bitcoin as coin, I am acquiring that from web and I don't promptly change that earned add up to fiat however they are stayed in my wallet and at whatever point I have to purchase something , first I attempt to purchase that with bitcoin and when it can't purchase that with bitcoin then I change over that to fiat and spend
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2legit2
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August 25, 2016, 09:01:11 PM |
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sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?
Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it. Certainly, and I believe that most users use for these purposes as well. well there are a lot of purposes, my main thing is that i want to make some good profit out of it so i invest into bitcoins |
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delliaerd
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August 25, 2016, 09:23:14 PM |
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I also use both. but I prefer to investment, because I worked to grow bitcoin, because as currency is still limited.
Both of as currency and as investment is really profitable. I'd like to treat both of that. Especially invest bitcoin will so profitable, beside the price commonly increase, it is so good to trading with bitcoin. |
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SmirnoffVany
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August 25, 2016, 09:33:17 PM |
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I also use both. but I prefer to investment, because I worked to grow bitcoin, because as currency is still limited.
Both of as currency and as investment is really profitable. I'd like to treat both of that. Especially invest bitcoin will so profitable, beside the price commonly increase, it is so good to trading with bitcoin. Actually bitcoin if not to acquire, and produce, it is possible to simultaneously invest some coins, and the other part has to translate into real currency to use for their needs. |
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fireball4
Sr. Member
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Activity: 288
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 25, 2016, 10:35:58 PM |
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sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?
Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it. Certainly, and I believe that most users use for these purposes as well. well yeah there is a vast amounts of benefits that bitcoin gives and for me investment possibility is the best as it can make me money |
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Osarman
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August 25, 2016, 11:48:07 PM |
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sometimes using bitcoin as payment processor for buying something at ebay with Xapo debitcard, but for withdraw at fiat i will waiting price rising, maybe this is can be called investment too ?
Of course it can be called as an investment as you are waiting for the right time to sell to earn profits from it, and we only invest so that we can get higher profits from it. Certainly, and I believe that most users use for these purposes as well. well yeah there is a vast amounts of benefits that bitcoin gives and for me investment possibility is the best as it can make me money there is maximum people use bitcoin as investment , as buy bitcoin with low price and then wait until increase its price to higher and then sell it in higher price and get a good profit from bitcoin. |
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shinratensei_
Legendary
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Activity: 3276
Merit: 1031
Leading Crypto Sports Betting & Casino Platform
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August 26, 2016, 12:44:35 AM |
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I also use both. but I prefer to investment, because I worked to grow bitcoin, because as currency is still limited.
Both of as currency and as investment is really profitable. I'd like to treat both of that. Especially invest bitcoin will so profitable, beside the price commonly increase, it is so good to trading with bitcoin. Actually bitcoin if not to acquire, and produce, it is possible to simultaneously invest some coins, and the other part has to translate into real currency to use for their needs. The instant processing of bitcoin without requiring a lot of procedural it's the main reason for me to fall into bitcoin, but I think we can't say using bitcoin for a currency because at first bitcoin is made become a currency and not another things but bitcoin having some advantages in them. |
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vasrasus
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August 26, 2016, 01:07:19 AM |
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I use it as investment and as loading station as for me I don't need to text my friends for reload and then pay later or go outside to purchase load. I would only use coins.ph to reload my sim for internet more of savings because than paying for my load it will only deduct on my bitcoin. So convenient and safer.
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madwica
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August 26, 2016, 02:06:41 AM |
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I use it as investment and as loading station as for me I don't need to text my friends for reload and then pay later or go outside to purchase load. I would only use coins.ph to reload my sim for internet more of savings because than paying for my load it will only deduct on my bitcoin. So convenient and safer.
You already used both in your bitcoin base on your statement that is what i do in my bitcoin sometimes i use it to pay my bills and shop online but i have portion of bitcoin that i can keep as my investment to have income while i am spending some of my bitcoin. |
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mcjavares
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August 26, 2016, 02:16:04 AM |
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i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising
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hendra147
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August 26, 2016, 03:12:30 AM |
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i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising
that's like im doing with my bitcoin. i hope in next month i can have paper wallet and start keeping some bitcoin for investment |
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extrabyte
Legendary
Offline
Activity: 840
Merit: 1000
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August 26, 2016, 03:39:36 AM |
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i use as both of them because beside i use it to buy something ( on site that sell game cash ) i saving a little amount of my money and wait for bitcoin price rising
that's like im doing with my bitcoin. i hope in next month i can have paper wallet and start keeping some bitcoin for investment Having a Paper wallet is best strategy for me too.. Paper wallet is most secured and safest way to store bitcoin. and you can redeem from there any time you want to invest your bitcoin.. |
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