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Author Topic: Which one do you choose?  (Read 8090 times)
goaldigger
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July 20, 2018, 05:27:30 AM
 #241

If i epuld be given a chance to purchase any items online using cryptocurrency then ill use it as a mode of payment. Sadly, that method are not available to the country i live at. Converting it to fiat to purchase anything. But anyways, we still make that efficient by trading and buying coins amd earn from it. We can still use it as payment soon.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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July 20, 2018, 07:26:58 AM
 #242

So far, I use bitcoin and altcoins only for investment and trading. In General, I use bitcoin as a way to make money. I would love to use bitcoin for shopping in the store. But I believe that if you pay with cryptocurrency in the store then you can lose anonymity. I want to remain anonymous.

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July 20, 2018, 07:53:15 AM
 #243

I prefer to use it for market trading. As an investor, my purpose is just to invest in earning a difference. As a bounty hunter, I prefer to use direct sales to make a profit!
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July 20, 2018, 11:21:22 AM
 #244

I believe that it is necessary to use cryptocurrency in everyday life. If the stores accept cryptocurrency, you can not use Fiat currency at all.

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July 22, 2018, 03:59:52 AM
 #245

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?
Many of us do not really have too much of a choice, there are no stores near me that accept bitcoin so the only thing that I have bought with my bitcoin is digital stuff, and the rest of my money is just being held because I know that if I tried to trade and make money that way I will lose everything since I'm terrible at it and even after several attempts to try to get better at it my results were very poor.
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July 22, 2018, 04:13:49 AM
 #246

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 am not merely using bitcoin in exchange site currently because I use it to pay for bills so I am using it as currency and not just an investment. We have a local platform that accepts cryptocurrencies to pay for utility bills, credit card bills, and to use for mobile recharge as well, so I don't have a problem in paying such things. Although, I would have preferred to use my coins for investment, I cannot avoid such things to happen since I am short of fiat earnings at the moment.

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July 22, 2018, 05:28:17 AM
 #247

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?

Of course i like the both, specially the idea of using bitcoin in all online shops and market places in all places around the world specially in my place, this is really a big help for me and for more people specially those people who already owned bitcoin. It will provide a great convenience to all people if bitcoin has become a full method of payment.

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July 22, 2018, 07:22:54 AM
 #248

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 want to use bitcoin on trading site and also on marketplace. Why? You should maximize the use of crypto as part of your daily living. That is its benefits, not only to trade it but apply it as it is like a fiat currency.
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July 22, 2018, 08:01:55 AM
 #249

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?
For me I would prefer to choose both of them because it is better if we will maximize the usage of bitcoin. Bitcoin is good in transaction like investment and trading due to its fluctuative characteristic. Besides, it also good at using in online stores becauase of it is convenient.

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July 22, 2018, 11:37:25 AM
 #250

Bitcoin is used to purchase goods and services, but there are only few stores from some countries who accepts it as a mode of payment, but if it will be recognized all over the world, then that would be great. Going back on the question which one will i choose between usibg btc for trading or purchading goods, i will choose both. Through trading i have a big chance to make my btc grow bigger. Its highly profitable. While on the other hand, using btc as a mode of payment would make all transactions fast, easy and convinient.
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July 22, 2018, 02:03:01 PM
 #251

Bitcoin or even altcoins can be used like in
Technologies. Based on Bitcoin's blockchain, new software solutions can be created.
Ecommerce. The use of Bitcoin in online shops b2b portals.
Gambling industry. Anonymity bitcoin predetermined the popularity of cryptocurrency on gambling sites. The network creates specialized Bitcoin-casinos, dice and bookmakers.
Tourism. Already, the owners of Bitcoin buy tickets and book hotels using cryptocurrency.
Service sector. I mean something like POS terminals.
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July 22, 2018, 02:06:28 PM
 #252

I would prefer bitcoin used to investment than for payment method. I think if we need token that can be used to purchase goods and services, why? Because you know bitcoin fee is so high, that transfer is so long. So I think better using a token to be payment method, and then let bitcoin used for trade and investment.

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July 22, 2018, 02:36:29 PM
 #253

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 would prefer to use bitcoin in exchange/trading site because i want my investment grow to reach my goal and dreams in life. I don't want to expense my bitcoin in online shop because it will not help us for our problems.
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July 22, 2018, 06:02:24 PM
 #254

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?
For me I would prefer to choose both of them because it is better if we will maximize the usage of bitcoin. Bitcoin is good in transaction like investment and trading due to its fluctuative characteristic. Besides, it also good at using in online stores becauase of it is convenient.
So far, I only use bitcoin to invest in business. In general, I use bitcoin as a way to make money. I would love to use bitcoin to shop in the store. But I believe that if you pay with electronic money in the store then you can lose your identity. Be careful.
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July 22, 2018, 07:06:11 PM
 #255

I would prefer bitcoin used to investment than for payment method. I think if we need token that can be used to purchase goods and services, why? Because you know bitcoin fee is so high, that transfer is so long. So I think better using a token to be payment method, and then let bitcoin used for trade and investment.

Bitcoin is very much accessible and to make the payment globally without any problems. I see the investors are really have good growth with the fund you have. Even the final level change to fist currency also mostly happening with the help of Bitcoins. Avoid other coins and invest here.
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July 23, 2018, 01:09:36 AM
 #256

I would prefer using it in investment (exchange/trading site) rather than using as a means of payment. Because through it, you can have a long-term investment and you can make profit daily based on its daily fluctuations.
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July 23, 2018, 02:22:35 AM
 #257

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 to use bitcoin at the exchange site, because for buying and selling online.
not many receive bitcoin as payment.

And that's why i prefer to choose bitcoin as an trading site or investment purposes rather than into marketplace, because there are only few stores from some other countries who accepts bitcoin as a payment, but if all country accept bitcoin as a payment, i want to choose both side trading/invesment at the same time marketplace/online shop to buy stuff.

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July 23, 2018, 02:46:24 AM
 #258

I live in a country where bits of bitcoin are still used as payment systems, so there is not a company or a mini market or coffee shop that receives bitcoin as a payment system.

So, I just put bitcoin as a place of trading and place of investment only. I hope the future my country including all countries that have not used bitcoin as payment system will review so that it can accept bitcoin or cryptocurrency as a whole well.

That is the reason why I used bitcoin just for trading and investing place.

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July 23, 2018, 05:07:06 AM
 #259

Still, i am using my fiat currency for the payment because bitcoin is not legalised in my country yet. Government don't have any clear idea about the bitcoin whether to legalise it or not.
There are so many other people as well who still think of the paper money as more feasible option than that of the crypto currencies as they are not fully aware of the way these crypto currencies work and other than that, they don’t have enough of the knowledge and understanding regarding the things. It is just the matter of time and that after sometime, you will start thinking of crypto currencies to be the best ever thing in this world.
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July 23, 2018, 06:13:58 AM
 #260

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?
Many of us use it in exchanges and not in online market places because that’s what it was made for .Bitcoin is peer–to–peer transactions and for investment, trading and the rest of them that are related to that. So I don’t see anything wrong if we use Bitcoin that way, market place wasn’t what it was made for, though as time passed by things changed and some online stores started accepting Bitcoin for purchase made by customers.
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