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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 23, 2016, 03:31:03 PM
 #1661

I think that's more on investment now due to lack of either physical or better alternatives for online stores that accept bitcoin. But here in our country we are already using bitcoin as currency sometimes, when paying bills and mobile load recharge, so it is really usefull for us.

even if you can pay in stores with bitcoin i don't think people will start spending their coins. they are probably too worried that when they spend their coins, that the price goes up afterwards, and thus they will miss out on profits. that's how people look at spending their coins. the intention to use it as a currency gets overpowered by the investment aspect.

Maybe some but not all use bitcoin as an investment. Some of my friends readily spend their bitcoin once they receive it. But they also leave some for altcoin trading. They treat bitcoin as supplement for their income. I on the other prefer to save and hold my bitcoin for the future. But there are time I also need to spend my bitcoin for emergency purposes.
i guess it all depends on the intention if he wants and believe that bitcoin can give huge profit in the future they would certainly see bitcoin as an investment.

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September 23, 2016, 03:51:07 PM
 #1662

I use it as a currency and I think that using as a investment is also good and nothing is wrong with that too, investing is also good now so I can fully understand it also.


This is the good feature of bitcoin at this point.  You can use it as form of currency because some online stores accept bitcoin.  Exchanges also convert bitcoin to fiat money so we can buy stuff indirectly with it and at the same time, you can hold it as an investment and wait for the price to go up and book a profit.


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tygeade
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September 23, 2016, 03:54:37 PM
 #1663

I think that's more on investment now due to lack of either physical or better alternatives for online stores that accept bitcoin. But here in our country we are already using bitcoin as currency sometimes, when paying bills and mobile load recharge, so it is really usefull for us.

even if you can pay in stores with bitcoin i don't think people will start spending their coins. they are probably too worried that when they spend their coins, that the price goes up afterwards, and thus they will miss out on profits. that's how people look at spending their coins. the intention to use it as a currency gets overpowered by the investment aspect.

Maybe some but not all use bitcoin as an investment. Some of my friends readily spend their bitcoin once they receive it. But they also leave some for altcoin trading. They treat bitcoin as supplement for their income. I on the other prefer to save and hold my bitcoin for the future. But there are time I also need to spend my bitcoin for emergency purposes.
i guess it all depends on the intention if he wants and believe that bitcoin can give huge profit in the future they would certainly see bitcoin as an investment.

Yes and I think most of the user have a strong belief that it can be the best investment for future and that is the reason they are putting more and more money into it.

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September 23, 2016, 08:24:51 PM
 #1664

I use them for both, currency or investment. Because I make profit with bitcoin trading and I also buy sometimes stuff with it, mostly digital stuff. And I save good part of it for the long run.
Kolder
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September 23, 2016, 08:29:02 PM
 #1665

i used bitcoin as currency only.. If gambling can be consider as investing so i'm investing too. hahaha. Actually i used all my bitcoins to gamble on sports betting site and that's all.
This is just a currency for me and sometime i used it to transfer funds in my relatives in other places because it is fast and low transaction fee.

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September 23, 2016, 09:17:52 PM
 #1666

i used bitcoin as currency only.. If gambling can be consider as investing so i'm investing too. hahaha. Actually i used all my bitcoins to gamble on sports betting site and that's all.
This is just a currency for me and sometime i used it to transfer funds in my relatives in other places because it is fast and low transaction fee.

I think apart from gambling you should also invest some of them on trading platform where you can expect much better results in compare to gambling and it will also grow your coins in long run.
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September 24, 2016, 02:55:34 AM
 #1667

i used bitcoin as currency only.. If gambling can be consider as investing so i'm investing too. hahaha. Actually i used all my bitcoins to gamble on sports betting site and that's all.
This is just a currency for me and sometime i used it to transfer funds in my relatives in other places because it is fast and low transaction fee.

I think apart from gambling you should also invest some of them on trading platform where you can expect much better results in compare to gambling and it will also grow your coins in long run.
Well, doing diversification is the advisable in investing, at least in trading we are in control of our own money and the outcome will always be base on our decision making, however if you are lazy then invest all your money in a gambling sites, they are profitable so no need to worry.
kidoseagle0312
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September 24, 2016, 03:31:50 AM
 #1668

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 used my bitcoin now as an investment no one else. Because I want save bitcoins in the future, I do believe its more than a gold or its like a diamond were time pass by value increase.
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September 24, 2016, 03:38:08 AM
 #1669

What ever you do in your bitcoin as long as you making profit then it is fine because lots of are are making profit with investment or we use it as currency to gambling also to trade something like that but most of i like the best of using bitcoin is all about gambling and trading.

Y U MAD AT ME
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September 24, 2016, 07:09:17 AM
 #1670

I use Btc as both of them. Investment is the way that I make profit effectively and It become currency when I want to buy something  Wink
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September 24, 2016, 07:15:20 AM
 #1671

iam both them
ia use bitcoin to investment in trading bitcoin
trading bitcoin pair altcoin or pair fiat money
iam use curency because iam buy something use with bitcoin
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September 24, 2016, 10:01:59 AM
 #1672

What ever you do in your bitcoin as long as you making profit then it is fine because lots of are are making profit with investment or we use it as currency to gambling also to trade something like that but most of i like the best of using bitcoin is all about gambling and trading.

Majority of users are using their coins on gambling and trading as everyone hopes to make quick money and this places allows us to do so, but risk factor attached with both of them cannot be ignored.
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September 24, 2016, 02:11:41 PM
 #1673

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 used bitcoin for both purposes, for investment and currency as well. I used bitcoin as a currency to pay on online shopping. Also i used it for paying bills and other services that accept bitcoin as mode of payment. While on the other side i used bitcoin for investment.
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September 24, 2016, 02:22:46 PM
 #1674

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 used bitcoin for both purposes, for investment and currency as well. I used bitcoin as a currency to pay on online shopping. Also i used it for paying bills and other services that accept bitcoin as mode of payment. While on the other side i used bitcoin for investment.

Spending bitcoins online is a real fun, I use them for my mobile recharge and sometimes to get skype credit, as it is cheaper in compare to other mode of payments, and rest are kept safe for the future in the form of investment.
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September 24, 2016, 02:28:28 PM
 #1675

What ever you do in your bitcoin as long as you making profit then it is fine because lots of are are making profit with investment or we use it as currency to gambling also to trade something like that but most of i like the best of using bitcoin is all about gambling and trading.

Majority of users are using their coins on gambling and trading as everyone hopes to make quick money and this places allows us to do so, but risk factor attached with both of them cannot be ignored.

gambling is a completely different thing that you can't really compare to trading when you have enough experience. with gambling you fully depend on luck where in 99% of the cases the house always wins. and when people lose their coins with gambling, they blame bitcoin for being wrong while in fact these people are the real problem here.
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September 24, 2016, 02:32:18 PM
 #1676

What ever you do in your bitcoin as long as you making profit then it is fine because lots of are are making profit with investment or we use it as currency to gambling also to trade something like that but most of i like the best of using bitcoin is all about gambling and trading.

Majority of users are using their coins on gambling and trading as everyone hopes to make quick money and this places allows us to do so, but risk factor attached with both of them cannot be ignored.

gambling is a completely different thing that you can't really compare to trading when you have enough experience. with gambling you fully depend on luck where in 99% of the cases the house always wins. and when people lose their coins with gambling, they blame bitcoin for being wrong while in fact these people are the real problem here.

People keep on repeating their mistakes by putting their money in gambling and loose it, and never try to learn from their mistakes and thinks that bitcoin is responsible for their loss.
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September 25, 2016, 03:16:28 PM
 #1677

using bitcoin as both
I tend to pay for my hosting,VPN(when I use it) with bitcoins,if a company accepts bitcoins as payment it is a huge plus in my books
I trade sometimes too,so if I feel that coins are undervalued and the price will rise-I hold them,sometimes longer than needed,lol
have had some stakes in different casinos bankrolls,nothing huge but managed to make some profit
consider it an investment Smiley

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September 25, 2016, 03:27:23 PM
 #1678

For now, I only use bitcoin as investment  I cant use it as a currency because there is only few things I can buy with bitcoin in my location. I hope there will be much more stores that accept bitcoin as payment method here.
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September 25, 2016, 03:29:13 PM
 #1679

For now, I only use bitcoin as investment  I cant use it as a currency because there is only few things I can buy with bitcoin in my location. I hope there will be much more stores that accept bitcoin as payment method here.

It's a good thing you use bitcoin as investment as that's what many other people do in this forum. If you want to buy things with bitcoin in your location just use an exchanger and exchange bitcoin for money. Withdraw that money in your credit/debit card or bank account and buy anything you want with bitcoin.
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September 25, 2016, 03:30:36 PM
 #1680

using bitcoin as both
I tend to pay for my hosting,VPN(when I use it) with bitcoins,if a company accepts bitcoins as payment it is a huge plus in my books
I trade sometimes too,so if I feel that coins are undervalued and the price will rise-I hold them,sometimes longer than needed,lol
have had some stakes in different casinos bankrolls,nothing huge but managed to make some profit
consider it an investment Smiley

what VPN service have you used, can you give me some feedback on some of them that have been accepting bitcoin. i am looking to purchase a subscription of a VPN service and i don't like paying with credit cards or other normal ways.


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New Age of DEFI
A Non-Code Platform for
Decentralized Trading Instruments

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