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Author Topic: To be honest, how many people use bitcoin to invest  (Read 1199 times)
izanagi narukami
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January 27, 2018, 04:42:01 AM
 #21

If you ask me about my people that using bitcoin still less than 3%

Why ?
Because my government still strict bitcoin usage but I can still use it without worried being jail.

I hope that my government can re-evaluate about bitcoin since it's fit for digital transaction

Smiley
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orenjebum
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January 27, 2018, 04:46:00 AM
 #22

On the other hand, Bitcoin also helps many people who do not have access to banking. Bitcoin shipments can be made anytime between Bitcoin account holders either inside or outside the country without the need for such conditions in banks that not all can fulfill. Bitcoin can be converted into the country's currency for withdrawal and is spent in that country. In fact, many merchants or merchants have begun to receive payments with Bitcoin such as Dell, Microsoft, Overstock, Rakuten, Marui information center in Japan, restaurants and hotels in Bali. Thus Bitcoin becomes the universal currency in the world
asdfbna
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January 27, 2018, 04:48:08 AM
 #23

yes. many people think that bitcoin is just an investment in the internet world, but actually bitcoin covers all aspects, trade, transactions, development, and others. I think everyone should start to realize that bitcoin is already a part of our lives.

It's a great deal to recognize that in Japan, where many convenience stores and some of the finest stores are starting to accept Bitcoin payments, I used to buy a box of imported milk using Bitcoin, which is great. Bitcoin is gradually entering my life, maybe one day my life will be inseparable from bitcoin, just like the water to drink the air
alwaysmyn
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January 27, 2018, 04:57:02 AM
 #24

I invested some of my money in bitcoins and I know most of the people here in this forum invested in bitcoin as well. The friends around me and people in my country already have idea what bitcoin is but not a total understanding of it. There's already more and more people everyday noticing bitcoin and that will eventually lead to investing. While the main purpose of bitcoin is to be like a payment instrument, most people do not use bitcoin to purchase goods anymore because of its value, they would rather keep the bitcoin thats why its a very popular investment now.
luigidosado
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January 27, 2018, 05:10:44 AM
 #25

As I understand it, many of my people who know bitcoin and investing in bitcoin have no real insight into the value of bitcoin and the scenarios in which it can be applied. Bitcoins look like they are stock-like ways of investing However, bitcoin and what can help us to live, the scene can actually be used? Smiley
We can't tell the exact number of people who uses bitcoin around the world. Bitcoin itself has a lot of uses that's why we can't really tell if someone uses bitcoin as a form of asset or an investment. There are those who directly invest in bitcoin, there are also other who mine to sell it. There are also people who consider bitcoin as an digital currency with a fluctuating value that is used as a medium of exchange for transactions from the different parts of the world. We can't see yet the real purpose of bitcoin because still, only few people use it and know about it.

lunaalthea
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January 27, 2018, 05:13:36 AM
 #26

A lot of people. If you researched a little you will notice how people use bitcoin more as an asset instead of a currency. Since its value doubles or triples, and it gets rarer as time goes by. People treat it now as a digital gold. If you are planning to invest in bitcoin you will need a huge capital and I suggest you should start now because a t the moment bitcoin is still at the dip of the market but it will increase in the next few months

rohanpandav
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January 27, 2018, 05:14:44 AM
 #27

I myself use bitcoin as an investment. When BTC was at 200-300$ I invested some money and cashed out what I had invested when it hit the 20k mark Cheesy ez profit. Now, its on a low price and I'm still investing on it. Hope it comes back to the 20k mark soon Cheesy
CurrExpert
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January 27, 2018, 05:15:39 AM
 #28

I think millions of people all around the globe is investing in Bitcoin. Undecided
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January 27, 2018, 05:21:56 AM
 #29

yes. many people think that bitcoin is just an investment in the internet world, but actually bitcoin covers all aspects, trade, transactions, development, and others. I think everyone should start to realize that bitcoin is already a part of our lives.

Indeed, i my self accept that it is the way o think about bitcoin. At first i thought bitcoin is just for investment purposes but when i got into it i then realize that it is not just investment but also a currency which can buy things online and used as the main currency in trading.

Kakmakr
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January 27, 2018, 06:30:05 AM
 #30

In most countries including the USA, Bitcoin is defined as a Commodity and not as a currency. So the natural thing for most people are to use it as a store of value or a commodity to trade with.

A lot of people also look at the high volatility of the technology and they class it as a commodity, because high volatility is not ussually associated with a traditional feature of a currency.

Speculators also see the high volatility as a perfect tool to make some good profits. ^smile^

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uinu
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January 27, 2018, 06:34:59 AM
 #31

It seems that there is no relevant statistics, but I think not many, because they know more than he did not invest much.
BitcoinFrik
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January 27, 2018, 06:36:37 AM
 #32

As I understand it, many of my people who know bitcoin and investing in bitcoin have no real insight into the value of bitcoin and the scenarios in which it can be applied. Bitcoins look like they are stock-like ways of investing However, bitcoin and what can help us to live, the scene can actually be used? Smiley

Well, I personally believe people got into Bitcoin just because of the revenue potential it has, myself, I am one of those people. But in the future, after the value of the coins increases dramatically, I wish I could actually use the coins directly to buy stuffs instead of converting the coins into fiat.
Lhaine
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January 27, 2018, 06:43:04 AM
 #33

yes. many people think that bitcoin is just an investment in the internet world, but actually bitcoin covers all aspects, trade, transactions, development, and others. I think everyone should start to realize that bitcoin is already a part of our lives.

Indeed, i my self accept that it is the way o think about bitcoin. At first i thought bitcoin is just for investment purposes but when i got into it i then realize that it is not just investment but also a currency which can buy things online and used as the main currency in trading.

Yeah bitcoin is not just investment, this is really a crypto currency that we can use in investment and also we can use to buy anything in online who can accept bitcoin as payment.
Scripture
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January 27, 2018, 07:01:56 AM
 #34

If our country has those modern technology that can support bitcoin transactions, why wouldnt i use it ?. It is such that bitcoin transactions does not applicable to my country now. The only function of that now is just for investment. Paying someone through his bitcoin address can also be. I hope we can have those modern technology to use bitcoin properly.

rolloutdude
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January 27, 2018, 07:05:43 AM
 #35

If our country has those modern technology that can support bitcoin transactions, why wouldnt i use it ?. It is such that bitcoin transactions does not applicable to my country now. The only function of that now is just for investment. Paying someone through his bitcoin address can also be. I hope we can have those modern technology to use bitcoin properly.

It won't take long for the merchants to accept the cryptocurrency as payment. The acceptance of the public is the hindrance why mass adoption is not getting anywhere.
LSt56
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January 27, 2018, 07:17:11 AM
 #36

To be honest, I did not see someone using bitcoin in the real world, because bitcoin is still banned in my country and there is no channel to support the use of bitcoin in reality.
Just like you, in my country is also very difficult to make direct transactions using bitcoin because it is prohibited but if used for investment and buying sales on the internet we are allowed to do it. I hope in the future, bitcoin will begin to be legalized in countries that currently still prohibit it.

Razo123
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January 27, 2018, 07:34:30 AM
 #37

There are so many people who uses bitcoin because with this you can earn money. Investing is one way to earn a profit. With just proper and abundant knowlege about bitcoin, your money will gradually raise as the time pass by.
wolf one
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January 27, 2018, 07:36:45 AM
 #38

As I understand it, many of my people who know bitcoin and investing in bitcoin have no real insight into the value of bitcoin and the scenarios in which it can be applied. Bitcoins look like they are stock-like ways of investing However, bitcoin and what can help us to live, the scene can actually be used? Smiley
Bitcoin is a virtual digital currency, but in reality has gradually been accepted by some countries, such as South Korea, Japan, countries that do not accept bitcoin also attaches great importance to the development of bitcoin, the rapid development of bitcoin in recent years, resulting in Many people follow the trend of buying bitcoin. They do not fully understand bitcoin. But they still know that the value of bitcoin is limitless in the future. I believe that bitcoin will be used in all aspects of our lives in the future.
oppochain
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January 27, 2018, 07:42:26 AM
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 #39

To be honest, I did not see someone using bitcoin in the real world, because bitcoin is still banned in my country and there is no channel to support the use of bitcoin in reality.

I agree with you, but Bitcoin seems to have been recognized by the government as legitimate payment currency in Japan and South Korea. Maybe Bitcoin will become an anonymous payment in the future, and then gradually accepted by all the countries in the world, and wishes you and dear .
Yes, there are already a lot of people who accept Bitcoin in a small number of countries. I am also looking forward to Bitcoin as a global currency. However, I think it wants to achieve this goal first and foremost, perhaps by virtue of persuading the world powers.
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January 27, 2018, 08:09:14 AM
 #40

As I understand it, many of my people who know bitcoin and investing in bitcoin have no real insight into the value of bitcoin and the scenarios in which it can be applied. Bitcoins look like they are stock-like ways of investing However, bitcoin and what can help us to live, the scene can actually be used? Smiley
Although it does not exist in reality (Bitcoin's), its scope has become so widespread that it has become very popular nowadays. And maybe it will increase its demand soon. And its use in the current country is very digital and will be. In the future, existence may also take shape in the future as well.

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