rmel0924
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Activity: 231
Merit: 10
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July 13, 2018, 07:36:19 AM |
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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.
Yes of course I use bitcoin like for the payment of my online purchase and my monthly bill from internet connection. Most of all I use bitcoin in trading for some alts. Being involve in crypto is amazing and helps me very much in my financial needs. Having been involved in this forum joining some campaigns contribute greater income.
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pragna
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July 13, 2018, 07:47:39 AM |
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If i say truly i am not actually using BTC because my government dont accept it financially. But i convert into usd when i acquire any btc or any altcoin. There are so many groups and agencies in my country that exchanging btc into local currency and i do not what they doing with that digital currency that i believe BTC. I believe that, the day is not so far when i will use BTC in all my works as money transaction.
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ainajane11
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Activity: 58
Merit: 0
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July 13, 2018, 07:49:47 AM |
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I have used bitcoin last month since the price range is still high, but when it comes to this point I stopped using bitcoin and invested into another altcoins.
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twostepsally
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July 13, 2018, 07:53:06 AM |
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If i say truly i am not actually using BTC because my government dont accept it financially. But i convert into usd when i acquire any btc or any altcoin. There are so many groups and agencies in my country that exchanging btc into local currency and i do not what they doing with that digital currency that i believe BTC. I believe that, the day is not so far when i will use BTC in all my works as money transaction.
Yes. Bitcoin is help to fulfil my family dear and i will get more information from bitcoin. So I believe the bitcoin. It help to improve the knowledge. It reach the all country people. So people get the good opportunity for gather more information and complete and communication with other country people. It future digital currency. So hold the long time. It any time to increase the price. So I will check the market price every day. Now bitcoin slowly increase. So wait for the price high then sell and exchange.
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BitHodler
Legendary
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Activity: 1526
Merit: 1179
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July 13, 2018, 08:04:51 AM |
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I am in hardcore hodl mode. I barely use (spend) any coins and I don't see anything in it for now from my position. It's pointless to force yourself to use something that just doesn't offer much convenience yet.
Fiat does everything I want money to do, and that in a much better way than Bitcoin. In order to make me switch over to Bitcoin it has to be able to match fiat in nearly every way, and we're far away from that right now.
I must however say that I am impressed with the Lightning Network and think that this may very well be the trigger that will make me use Bitcoin more than ever before. Till that time Bitcoin remains gold for me.
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BSV is not the real Bcash. Bcash is the real Bcash.
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Akenosi
Newbie
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Activity: 238
Merit: 0
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July 13, 2018, 08:07:29 AM |
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I usually use bitciin only on exchange when i want to buy altcoins that is not pear with ethereum and ethereum or Digibyte for the transfer of my tokens for fast confirmations.
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BelieveInBTC
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Activity: 280
Merit: 15
BookiePro.Fun - The World's Betting Exchange
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July 13, 2018, 09:50:19 AM |
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Unlike many people here who hold their bitcoin, I do spend my bitcoins and I'm proud of it. Of course I'm trying to save as much as possible but shops won't continue to offer Bitcoin payments if we are not going to use it. I really like signing and verifying messages. It's quite useful when you trade with someone. What a shame that it's not possible with SegWit adresses.
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muslol67
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July 13, 2018, 09:53:19 AM |
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I want to use it, but the places I can use are limited. For this reason, as many people I consider myself an investment.
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Jansaa
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July 13, 2018, 09:54:59 AM |
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I use bitcoin and altcoin regularly for online transactions! But the fee to withdraw between the exchanges is too high compared to the cost of the Blockchain network! There should be more reasonable!
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tabas
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July 13, 2018, 10:09:30 AM |
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How much of you use Bitcoin or any other cryptocurrency to its full capacity?
I'm not sharing on how much bitcoin I'm using, it's just a matter of privacy but you can hope on me that I'm one supporter that's using it to pay my utilities.
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Peter Bailey
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Activity: 25
Merit: 0
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July 13, 2018, 10:20:38 AM |
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In my opinion bitcoin currently is too deflationary to use it as a medium of exchange, but this may change in the future. Until then, it is an excellent store of value, easily beating real estate, gold, tech shares, etc.
Having said all that, I can still think of 3 good reasons to spend bitcoin: You have no other option, for example when you live in a country like Venezuela where inflation is extremely high. You bought bitcoin cheaply a long time ago and now you want to cash out, for example buying a home. Your income is in bitcoin, for example if you’re a miner.
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Ar Rahman
Newbie
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Activity: 123
Merit: 0
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July 13, 2018, 10:29:16 AM |
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I use as much bitcoin as possible, mainly I use for purchases of goods on online sites, as far as I know more and more people are involved in it, they can use bitcoin for tool trandaksi or for investment, crypto world is very easy in online and direct transactions.
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MAJICOIN
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July 13, 2018, 10:38:49 AM |
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I have used bitcoin in the past for buying of laptop and tablet PC and i have to use my bitcoin for investment in the crypto like now i can buy Ether and some new coins as well. I like to hold the bitcoin for future and i will use it for a better transaction soon.
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Guesstures012301
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Activity: 52
Merit: 0
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July 13, 2018, 10:45:00 AM |
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Yes, i actually use bitcoin because i know someday bitcoin will help me to become a millionaire. And i believe in bitcoin that it will be our future money. I need to use bitcoin for investing in cryptocurrency.
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Wesley Gardner
Jr. Member
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Activity: 30
Merit: 1
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July 13, 2018, 10:52:44 AM |
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Can't tell you overall, however heard that in Russia they did the poll and results were 50% of the people. Take in mind, that's in the country where cryptocurrency is banned. Therefore I believe that 5% of those who heard about it know how to buy it and use it, and 1% of those know what it actually is. Although it's my biased opinion.
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Cowming88
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Activity: 89
Merit: 0
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July 13, 2018, 10:54:14 AM |
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Well, i just hold my bitcoin and sometime I use it when i need to have a cash i sell my bitcoin, even if the bitcoin is in the lowest price,but i have no reason because i need it. Knowing that it will become higher in the market price when the time comes that bitcoin will be reach the highest value.
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lehuyaxib1
Jr. Member
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Activity: 129
Merit: 5
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July 13, 2018, 10:54:26 AM |
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Everyone uses bitcoin for faster payment and faster transactions
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bubblebubble
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Activity: 616
Merit: 23
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July 13, 2018, 10:55:38 AM |
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No because I see my bitcoin like an investment. In any case I think people will start using bitcoin once will be spread a mass payments system that reduces tx costs
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Adam Waters
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Activity: 23
Merit: 0
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July 13, 2018, 10:57:08 AM |
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All the hype is from lack of knowledge of what bitcoin and how it is used. Talking with people everyday it is clear they have no idea what it is. However we are seeing new users daily added to the exchange sites so the awareness is growing rapidly.
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blokceyin
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Activity: 168
Merit: 11
Sound/Foley FX Design Service For Your ICO Videos
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July 13, 2018, 11:01:26 AM |
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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.
1) Agreed, same here. 2) Mostly! 3) Totally agreed. I think it still early to use the cryptocurrencies in the 'real life' but it'll be solved in time.
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Sound/Foley FX Design Service For Your ICO Promo Videos
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