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Author Topic: Do you actually use Bitcoin?  (Read 1249 times)
thenameisjay
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July 14, 2018, 02:55:36 PM
 #241

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 think the full use capacity of bitcoins in the future is that it will be used on a daily basis in spite of the accessibility and the value it has at that given time. I don't think that one day, bitcoins will remain useless. There will be better ones but bitcoins were the first of many.

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krishnaverma
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July 14, 2018, 02:59:22 PM
 #242

yes i am using bitcoin in a lot of ways . I use bitcoin primarily for investing in different investment platforms online . and also i use it for trading which is the main coin used for buying altcoins . I also use bitcoin to pay for my bills from electricity , water and many more . I use bitcoin to support my family with their financial needs because of bitcoin i can easily earn profit from it.

You pay your electricity and water bills with crypto ? That sounds to good to be true ? Which country is that ?

I cannot expect this to happen even in next 100 years in my country. However, if I open some retail store here, I will surely accept payments in crypto.

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Larva14
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July 14, 2018, 03:02:56 PM
 #243

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
Many people now are involved in bitcoin cause they know they have future in bitcoin. Bitcoin are easy to use in any transactions like paying bill, buying a stuff and transferred money in any part of the world. And for me I use my bitcoin in many ways I invest and support my family's needs.
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July 14, 2018, 03:07:06 PM
 #244

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.
Actually, they not usually use bitcoin because they hold it and they wait for the right time to sell it. I also hold bitcoin but I usually use it in many way like buying load and buying some stuffs especially on online simpy because online store already accept bitcoin as a payment of their costumer.
TmottaDing
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July 14, 2018, 03:16:54 PM
 #245

Yes of course, it is one of the most important things on my entire life, everytime that i have some money i am always trying to spread it on new altcoins + more bitcoins, that is the only thing that i am always doing when i receive my monthly wages

cryptozian
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July 14, 2018, 03:21:45 PM
 #246

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.
Drakula
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July 14, 2018, 03:26:10 PM
 #247

I'm using Bitcoin just to trade it in The market to get a profit.
Yes, same goes for me. The only function of bitcoin for me, my personal use, is to trade it and convert it to a more usable form of currency, a cash, to buy all the things i need and want.
anehh
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July 14, 2018, 03:35:44 PM
 #248

I am proud to have some bitcoin, and if there is any advantage of a bitcoin price increase, then I will sell some, sometimes I use bitcoin for certain transactions that can make payments with bitcoin, when bitcoin prices go down and allow to buy, then I will buy some bitcoin back then wait for bitcoin price increase. it is a pride to have bitcoin and do exchange and transaction activities with bitcoin.
MilesMoses
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July 14, 2018, 03:43:23 PM
 #249

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 make my choice of earning as crypto to deal with the transactions and during the basic need survival i turn out to FIAT and it is part of normal transactions which do not turn me any loss.
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July 14, 2018, 03:57:43 PM
 #250

In my country, cryptocurrency is prohibited as a means of payment. but still allowed if to trade. so I think entity cryptocurrency is used as a tool to gain profit, whereas functionally I can not feel it, for example as a means of payment.
Currently, I am still learning to understand how bitcoin works with existing technology, such as blockchain, lightning network, etc. I just want to feel this technology can change the financial world and be trusted by many people. but I agree with your statement above.

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JPCRYPTO2012
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July 14, 2018, 04:11:51 PM
 #251

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.
Actually you're right. There are some bitcoin holder that the purpose why they are holding bitcoin is just for asset investment. And Indeed not using bitcoin's full capacity by means of Online payment transaction. But me I used bitcoin as my source of income and also used to store my fiat money. If there's an emergency I simply send it via online transfer, I used it's full capacity. Bitcoin is now a mainstream but some really don't use bitcoin's real features. But there are now project like XRT, the purpose of XRT is to provide a better and secure payment solution for Hotel and restaurant industry. So in this case cryptocurrency will now be used on it's full function.
millionaireshs
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July 14, 2018, 04:53:59 PM
 #252

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.


Many people are Bitcoin user but they would stay away from it because of a certain negative result of price value, but I know that people are still waiting for the good development of price value.
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July 14, 2018, 05:00:17 PM
 #253

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.
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July 14, 2018, 05:08:54 PM
 #254

I only use bitcoin to invest and trade. I do not use bitcoin to buy anything because in my country I have not inaugurated bitcoin as a means of payment. I hope that in the next few years my country has already authorized bitcoin as a legal means of payment.
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July 14, 2018, 05:10:53 PM
 #255

Yes, that is the main reason of why i am still in here, otherwise, why i would be in here at the moment? I do not understand your question, 100% of the people in here is using bitcoin, and that is the reason of why they are still on here at the moment
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July 14, 2018, 05:12:31 PM
 #256

Yeah I used bitcoin to buy a load and also in trading I sell my token to be bitcoin.Its good to have hold bitcoin because in the future there mooning
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July 14, 2018, 05:14:42 PM
 #257

Since I joined this forum I have learnt a lot about bitcoin and also how it is used. I have now gotten to know how it is used in buying goods online and I am really excited with it.

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July 14, 2018, 05:18:26 PM
 #258

Yes i am using bitcoins all time and doing it full time with exchanges i am trading with bittrex,poloniex,cryptopia and buy altcoins and sell them take profit in bitcoins.usually before with bitcoins i was doing mobile recharges for me and i was happy but that time i was new don't know the value of this amazing cryptocurrency.
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July 14, 2018, 05:18:59 PM
 #259

I myself still doubt, about the function of Bitcoin
if indeed its main function is as a means of payment, then ETH, EOS, NEO and all altcoin can also be made as a means of payment
it looks like Bitcoin is for trading only, nothing more
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July 14, 2018, 05:40:55 PM
 #260

Many people use their bitcoin for their purpose & i am student so, i use bitcoin because i need bitcoin for study so, it is my purpose.
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