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Author Topic: Which one do you choose?  (Read 8096 times)
ichai
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July 15, 2018, 01:50:29 PM
 #181

Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?





In my own opinion, I prefer to use my bitcoin in trading site or marketplace and online shop because it can give me a lot of profit. I think it is much better to choose the trading sites because in my own experience it gives me profit.
I like to pay Bitcoin for everything I spend on every transaction in the market and store. My transactions with Bitcoin are very fast and secure. Paper money is not as convenient. However, some places do not have Bitcoin payment so I usually pay with paper money.

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ninabobo
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July 15, 2018, 01:53:27 PM
 #182

Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?


trading is the most appropriate choice. bitcoin is an exchange-traded asset.
so it is more financially effective than its function as a currency.
I think what I say almost everyone will agree

jademacoy
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July 15, 2018, 01:57:42 PM
 #183

i would rather chose bitcoin in trading site or crypto market because in the first place this is the very common to all investors wondering that bitcoin market price will go higher and sell it to have some profit and not for payments in online shopping. If BTC will be used in online shopping it could be difficult and it will be seems too expensive because establishment will going to convert that BTC payment into fiat money that will relatively add transaction fee and there will be waiting time since BTC will be mine first before transaction will complete.
dindasulis
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July 15, 2018, 02:37:18 PM
 #184

in my personal opinion anyway, I prefer to use bitcoin for exchange/trading site, yeah it is because with this I can get a profit. maybe it is just that I use bitcoin, have not thought of using it for marketplace / online shop. yes because it is where I am paying using bitcoin not yet available. finally I just exchange it.
Harrisonimo
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July 15, 2018, 02:53:52 PM
 #185

Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?

As for now, I have limited myself to only trading of bitcoin. I have never used it on any site to purchase a service or goods. Well, because of security reasons and familiarity with this use, I don't want to be involved until it has fully being optimized/adapted.
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July 16, 2018, 12:48:25 AM
 #186

I choose fiat over crypto for purchases because of the inherent capacity of the bitcoin to become an asset. Once someone used bitcoins to pay for the cappuccino he ordered for. He will forever rue the day he decided to make that that transactions. Fiat is smart choice or decision.

Fiat is more spreaded and long before used of payment method while bitcoin is strongly a good investment and economies growth  for us to enjoy it's big profit sharing attitude towards unwanted unnecessary movement.
As payment method, fiat is more applicable than bitcoin because bitcoin can be an asset. When you used bitcoin today as payment you need high volume to meet the specific amount you have to pay that is why fiat is good to used as it has fixed value. Even me choose fiat as payment because it does not need internet to pay and also small amount is needed, no fee to pay.

Prince Malik
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July 16, 2018, 01:03:00 AM
 #187

This is about the user's lifestyle ... If the user wants to shopping online he will use Bitcoin for that but that does not mean he will not use bitcoin for trading...other people prefer to trade bitcoin and convert profits into fiat money and dont use bitcoin for online shopping

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July 16, 2018, 01:08:43 AM
 #188

Most of the time I use Binance, because Bittrex always annoys me with IP login issues. Binance has started to do the same now, so eventually I'll probably move to an exchange that has optional 2FA, as if I've passed both google auth and password prompt, I shouldn't get an IP lockout, that's just stupid.
bitcoinajax455
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July 16, 2018, 01:17:51 AM
 #189

Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?
I choose both of them, because bitcoin can be use for trading site, can be use for marketplace and can be use for online shop. But most of them for now, most of us prefer to use for trading. This is the reason why we should use bitcoin, we can use bitcoin for many ways.
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July 16, 2018, 01:23:36 AM
 #190

I prefer to use bitcoin to trade, because for us bitcoin is also a good way we can get more profit, because I believe that bitcoin price every day the price increases, so we will also easily get a good profit with us waiting for the price in future.
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July 16, 2018, 01:31:46 AM
 #191

While it is way more beneficial and commonplace for most of us to use bitcoin for trading, sometimes hodling it as a retirement plan, using it to pay (and get paid) for goods and services is becoming increasingly popular.
I prefer all the options with bitcoin, i.e. trading, hodling it as a retirement plan, and using it to pay for goods and services (getting paid for part of my services in btc helps me a lot in an attempt to survive these turbulent times. I only wish there more people ready and capable of using it for settlements).
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July 16, 2018, 01:35:19 AM
 #192

I like to use Bitcoin to Trade rather than exchange with other coin because of its huge profit
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July 16, 2018, 01:39:58 AM
 #193

I prefer bitcoin for all sort of trading necessity more than that for the online shopping. Right now bitcoin acceptance over the online stores as well upon the physical stores were much low. When the adoption of bitcoin increases automatically the usage increases leading to increased circulation causing growth.

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July 16, 2018, 01:54:07 AM
 #194

Apparently, from where i am, online payment using bitcoin isn’t actually a thing yet so i guess i would go for using bitcoin in exchange sites. Moreover, using it in tradong sires may or may not allow you to gain some profit so i guess it is way better than using it in online selling. Though usong bitcoin as a paymennt for inline transaction provides convenience but it isn’t a thing yet in my country.

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July 16, 2018, 02:01:30 AM
 #195

Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that? 

I prefer both as an investment asset, as well as a means of payment, for me bitcoin is the right way if used as a prime alternative in investing because investing with bitcoin is very easy to run even by beginners. It would be wonderful if our country legalized bitcoin so bitcoin could be used as a means of payment, because in this way it could foster a new adoption rate.
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July 16, 2018, 02:09:56 AM
 #196

Why do we have to choose when it can work either way? It just depends on the person who will use it. If the person is an investor then he will spend most of his bitcoin in trading and if the person is an ordinary consumer then he will just use it to buy things and services.
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July 16, 2018, 02:11:42 AM
 #197

Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?

If you don't use bitcoin in exchange/trading, how people can get Bitcoins to use in online shop or market place?
For me, the best idea is to balance the supply of Bitcoin. Bitcoin is decentralized, so we cannot control the supply if Bitcoin.
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July 16, 2018, 02:12:22 AM
 #198

Bitcoin is a digital currency and with the aim for which it was initially generated i think it should be used in our daily transactions other than just being traded on exchange sites for profits. I am sure this is because most governments don't really accept the idea of legalizing bitcoin as a mode of payment but when the time comes and they finally legalize it i am sure cryptopreneurs would use it in their daily transactions.

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July 16, 2018, 02:12:46 AM
 #199

Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?

Exchanges as its easier for me to deposit money from my bank account it to.
Exchanges are also for faster transactions. I can buy bitcoin and alts in seconds. My orders get filled quickly.
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July 16, 2018, 03:13:39 AM
 #200

I guess the real score of bitcoin is to be a currency but we treated it as a commodity and consider it as an investment. As for me, I'm using it both; for trading and payments on online transactions like mobile loads and bills payments. Hope more merchants will accept bitcoins as payment and purchases to serve its purpose as a currency and alternative money to our regular currency.
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