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Author Topic: Do you actually use Bitcoin?  (Read 1020 times)
JerryJam
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July 10, 2018, 01:24:43 PM
 #21

I do not see any difference who uses bitcoin. Man or woman doesn't matter. The main thing is that people use it.And if a person has a sufficient amount of funds, he can invest in bitcoin.The other part he can use in everyday life if it is profitable for him.

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July 10, 2018, 01:28:32 PM
 #22

Yes, you are right.
Bitcoin seems to be moving in a different direction. It is no longer a currency which is use to make online transactions, instead that, Bitcoin is being owned for long-term investment (holding) and trading. The cause of this problem is probably because everyone knows that investing in Bitcoin give our a huge profit, much higher than investing in real estate.
To me, I often use Altcoin to make my transactions, so why do not I use Bitcoin Huh, because the cost for Bitcoin is too big so I use other altcoin like dogecoin to be faster and cheaper
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July 10, 2018, 01:35:46 PM
 #23

Bitcoin as gold and for use it in "real world" is useless. You do not go to the store for sausage with gold  Cheesy Therefore, many projects have a chance to get ahead of BTC and most likely it will be Ethereum in 2019 Wink
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July 10, 2018, 01:43:30 PM
 #24

Yeah,i am using bitcoin because I know bitcoin have a great future.I know that  many persons use  bitcoin  because of safety transaction and easy way to use. That's why many people like to use bitcoin.Morever demand of bitcoin is increasing step by step quickly  Smiley Wink
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July 10, 2018, 01:45:26 PM
 #25

As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
I use Bitcoin by storing of value .and also I've been using bitcoin to pay a friend of mine for my share of some server capacity we use together. The thing to realize about bitcoin is that the bitcoin design and network of servers has proven to be very robust and reliable to this point.
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July 10, 2018, 01:46:20 PM
 #26

As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.

This is totally correct . People are not actually and particularly using bitcoin because they don't have the authority to do so .
We all will use amazon gift cards and not money if we have them , but right now we dont have the option of using bitcoin at most of the places as direct payments or services.

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July 10, 2018, 01:48:11 PM
 #27

yes .. I am currently really using bitcoin as my investment place. because this is the best and the easiest in investing. although currently the price of bitcoin is dying but I still use bitcoin. and I will continue to look forward when the time comes to melt all the tokens that you have ... thank you.

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July 10, 2018, 01:52:37 PM
 #28

As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.

They are trading but they are not using Bitcoin's functionality? Are you listening to what you are saying? Trading Bitcoins is best way to prove that Bitcoin is being used for its functionality. Bitcoin allows them to trade 24 hours straight which is also a functionality of Bitcoin. Bitcoin allows them to earn even on legal holidays since there is no holiday when it comes to Bitcoin which is also its functionality. The functionality which states that there is no central authority. Nobody can dictate that Bitcoin should be closed for a day. Nobody not even your ignorance can stop the functionalities of Bitcoin. No matter how you badmouth Bitcoin you can never stop its functionalities.

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July 10, 2018, 02:04:10 PM
 #29



regardless of all the answers, bitcoins are created essentially a virtual currency. but bitcoin also has a value that is so fluctuating that it will be hard to set. because this is how bitcoin evolves from time to time to evolve into a very expensive piece of crypto assets. and for altcoin, to date I have not heard and seen innovation go according to its scenario.

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July 10, 2018, 02:06:47 PM
 #30

As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.

What you say I think is true. if to see, still many countries that have not legalized Bitcoin, Bitcoin is definitely only used for long-term investment or short. if we are talks about Bitcoin to a country that has legalized, of course they use bitcoin as a transaction tool.

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July 10, 2018, 02:14:22 PM
 #31

For me I am a newly member never happened in my life I can use bitcoin actually  but this is my dream someday I can use it  on my own bitcoin im just hoping I earned many points to converted into a bitcoin.
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July 10, 2018, 02:16:34 PM
 #32

As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
Yes that most crypto owners are using it to make investments like trading. So that way is the thing that is the majority of choices for many people, crypto offers a lot of interesting things and when we do Trading then we have the opportunity to get huge profits. Opportunities that will be utilized by many users of crypto. If calculated then only a small part that uses crypto as a medium of financial transactions, what you say is true that the volume of financial transactions using crypto is still fairly small. This should be corrected because when we can use crypto in doing financial transactions then it will increase trust and automatically the price of crypto can rise up. So keep improving because only we all can make the future crypto getting better.

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July 10, 2018, 02:17:24 PM
 #33

I have used bitcoin for altcoin buy and sell altcoin when want to get cash, in my country, bitcoin is not allowed to use as a payment method! A little bit sad
  Shocked Shocked Shocked

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July 10, 2018, 02:17:36 PM
 #34

Yeah I agree with your statement partially. Most people use bitcoin as a trading platform or as holders because they have no clear idea where they can use it in their real life. I mean actually there are very less places where we can use as a real currency because most companies/ shops/ websites doesn't accept crypto currency as a real currency. If we can implement a program to popularize bitcoin among business people crypto will hit the highest because its one of safest and also cheapest way to transfer money.
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July 10, 2018, 02:18:06 PM
 #35

I have purchased stuff (100% legal) with Bitcoin, I have traded using BTC and I am holding a good amount of coins in my wallets. On top of that, I have also used the Bitcoin wallet signatures to verify my transactions. So I am someone who has used Bitcoin for a wide range of functionalities.


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July 10, 2018, 02:18:55 PM
 #36

I've personally used it for a few times but every time I feel sorry for spending it and lazy for rebuying it :/
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July 10, 2018, 02:21:51 PM
 #37

As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.



I always use bitcoin and I use it to pay bills. It is more easier to pay bills with the use of bitcoin rather than the traditional paying system. I also use bitcoin to buy things I want to buy and spend it. But I felt laziness in buying again.

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fargoway
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July 10, 2018, 02:23:02 PM
 #38

They are trading but they are not using Bitcoin's functionality? Are you listening to what you are saying? Trading Bitcoins is best way to prove that Bitcoin is being used for its functionality. Bitcoin allows them to trade 24 hours straight which is also a functionality of Bitcoin. Bitcoin allows them to earn even on legal holidays since there is no holiday when it comes to Bitcoin which is also its functionality. The functionality which states that there is no central authority. Nobody can dictate that Bitcoin should be closed for a day. Nobody not even your ignorance can stop the functionalities of Bitcoin. No matter how you badmouth Bitcoin you can never stop its functionalities.

I am okay with buying and selling Bitcoin. But does it make a lot of sense to you to simply trade with currencies? like you can sell your dollars for euros and buy it back and get a profit on rate difference. It's all good, but it is not how this works. It is impossible to make money out of money without really working business in this chain and if you don't spend bitcoins to buy goods or pay for services - someone else has to do it. Otherwise, the value of Bitcoin or any other coin will be not more than 0.
coinxwife
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July 10, 2018, 02:29:38 PM
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Nope for now because im a new at this crypto world,but then if further more i will gladly use my bitcoins for some reasons either buying,paying or selling as long as its reasonable cause.,because here in my country i would gladly say that bitcoin now is very much appreciated.
tegarp90
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July 10, 2018, 02:34:34 PM
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As far as I am more and more in it, I can do some conclusions.

1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;

Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.

So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.

Not yet, i'm using bitcoin as an investment and trading right now because there are not much service or thing that i can buy with bitcoin.
Bitcoin is in development until one day bitcoin will be a global payment i'm sure.

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