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Author Topic: Do you actually use Bitcoin?  (Read 1249 times)
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July 16, 2018, 11:44:19 PM
 #321

i often use bitcoin just to cash out to fiat
but sometimes i use bitcoin to extend my VPN subcription if expired
Yes I mostly used it as a fiat, because bitcoin has its own limitation of its usage. Only few company was accepting bitcoin. Sometimes I used it when in paying to my friends because they are also using bitcoin. But since not all the people was using bitcoin I must convert it first to used all of my bitcoin and altcoins.



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July 16, 2018, 11:47:08 PM
 #322

I use bitcoin regularly when I want to send money to anyone outside the country I'm in. I let my friends create bitcoin wallet addresses where we can have transactons done with absolutely minimal charges. There have been times we had profits and loses,but the loses are quite neglible. There is no better way of doing transactions  than with bitcoin.
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July 16, 2018, 11:56:52 PM
 #323

It is true, that most people use altcoin more. and for some people who use bitcoin, they do not actually use it as a means of payment because the main purpose of bitcoin is made. but they use it as an investment asset. so practically, bitcoin is slightly away from the main purpose as an online transaction payment tool. Thanks
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July 16, 2018, 11:57:47 PM
Last edit: July 17, 2018, 12:56:55 AM by gundala
 #324

I use bitcoin just as an investment tool and commodity. So, just like trading in general, have a season, sometimes crowded and sometimes quiet. That does not mean I am only enthusiastic if the market is crowded, when lonely I always monitor market developments and sometimes add some assets. I am just a Nemo fish, keeping the funds is important.

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July 16, 2018, 11:58:02 PM
 #325

yes bitcoin is here primarily

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July 17, 2018, 01:19:38 AM
 #326

I only use bitcoin for investments and altcoin trading transactions, the rest I never use for anything else, like shopping online or playing games.
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July 17, 2018, 01:27:27 AM
 #327

I don't see anything wrong with people just storing bitcoin while the Lightning Network gets developed. I use bitcoin primarily as a store of value at this point, simply accumulating it while it's relatively cheap. I also use it to buy altcoins through exchanges.
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July 17, 2018, 01:57:30 AM
 #328

I use my Bitcoins to patronize a lot of goods and services especially in purchasing groceries in a supermarket in my neighbourhood. It is quite unfortunate a lot of Bitcoin enthusiasts today have shifted the paradigm to Bitcoin investment where investors prefer to buy BTC at low prices and sell during its surge.
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July 17, 2018, 02:47:39 AM
 #329

What you say is not entirely correct. As far as I know some people still use bitcoin as their primary means of payment. like buying goods online or buying real estate and much more
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July 17, 2018, 02:52:56 AM
 #330

As I observed, bitcoin is not use as currency. Most of the members here are just using bitcoin as type of their invesment.
As an exchange to their original currency.
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July 17, 2018, 02:54:10 AM
 #331

If you mean bitcoin as payment, then I do not use it because my country has not legalized it yet, I need to redeem it to a form recognized here. I am more dominant to use it to invest, and take it when needed.
Bitcoin is more advantageous if used as an investment tool.
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July 17, 2018, 02:57:35 AM
 #332

In our country we can use bitcoin through exchange it to fiat. Sometimes there are instances to pay our bills through crypto becausethere are stores that accepts bitcoin and some cryptos. I think in the future it will be use nation wide.

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July 17, 2018, 03:00:49 AM
 #333

Unfortunately i can't actually use Bitcoin or any other crypto currency at full capacity. There is no place i can use as a payment tool in my country, i can only use it for investment purposes and for trade purposes.
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July 17, 2018, 03:04:18 AM
 #334

I use Bitcoin to hold the price down and Altcoin to trade as well as exchange with other coin.
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July 17, 2018, 03:29:56 AM
 #335

I use bitcoin for trading and nothing more! Paying method are just use to pay friends debt but not on the establishment. We all know that BTC is not widely used for payment because of almost all establishment is not accepting it. The main reason I think why they are not acceptable because of btc nature of volatility.
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July 17, 2018, 03:36:01 AM
 #336

I use bitcoin for trading and nothing more! Paying method are just use to pay friends debt but not on the establishment. We all know that BTC is not widely used for payment because of almost all establishment is not accepting it. The main reason I think why they are not acceptable because of btc nature of volatility.
almost all people use bitcoin for trading, because now trading using bitcoin is still good. but maybe if only limited to trading it would be boring might be used to buy or shop for the use of bitcoin can penetrate many things.
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July 17, 2018, 04:38:12 AM
 #337

yes,i am actually use many time is the bitcoin.I have verified this by working on Bitcoin for almost a year. Bitcoin is a good medium for us, through which we can earn a lot of money.
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