pentol86
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September 27, 2018, 05:39:01 AM |
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If you ask if I use crypto as its function, then the answer is "not yet". I myself still consider that cryptocurrency is more accurately an asset. This is also said by bitcoin business owners in my country. He said, so far cryptocurrency is more accurately said to be an asset, just like gold, silver, and diamonds. Although it does not rule out the possibility there are conditions in which people will buy an item with virtual coins, as is done by @batang_bitcoin and @GermanGiant in their comments above. However, today most people still use it on the exchange and its value is still the same as assets, not a medium of exchange like fiat money. Interesting discussion.
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===================================================== BILLCRYPT - CREATING HISTORY
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judyrob
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September 27, 2018, 05:54:43 AM |
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Indeed the fact tells it like it is. Crypto can only be used in the stock because it is still a lot of constrained stuff. the facilities and licenses make crypto not yet function optimally in the various regions. but now a lot of news also preaches that many facilities in various countries and trade start receiving crypto. This will be the greater glory and equitable world. just stay waiting for time to make crypto be functional because the wait for technology that is prevalent in the area.
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Nicolas Bebek
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September 27, 2018, 05:56:47 AM |
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I usually use the crypto only to trading only. It was only the result of profits from trading I use to make ends meet. have not used crypto directly for the payment system. because not know too where it is already applied.
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Alpha0One1
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September 27, 2018, 06:06:19 AM |
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I know nobody who uses crypto for it's functionality , almost all people use them just in the exchanges!!!!
I use crypto's functionality to transfer crypto fund to a friend halfway across the globe, to pay some work to someone who did some small task who I don't know where I live but gets the job done, exchange/trade value. All these in a matter of minutes without having to go thru a bank. Extremely convenient and fast
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Rengga Jati
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September 27, 2018, 06:27:42 AM |
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To be honest, I only use the crypto for earning profits here. Investment and trading are those activities that I utilize the crypto for it. Some cryptos are available and accepted as the payment method. But, some are only for investing or trading. But so far, i really enjoy this functionality.
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Jordens
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September 27, 2018, 06:38:34 AM |
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I know nobody who uses crypto for it's functionality , almost all people use them just in the exchanges!!!!
The fact is that now there is a very limited number of places for the use of crypto currency and so far it is an asset that is most often exchanged on the exchange. It is really necessary to really expand the opportunities for people to fully appreciate all its advantages.
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batang_bitcoin
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September 27, 2018, 07:11:25 AM |
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If you ask if I use crypto as its function, then the answer is "not yet". I myself still consider that cryptocurrency is more accurately an asset. This is also said by bitcoin business owners in my country. He said, so far cryptocurrency is more accurately said to be an asset, just like gold, silver, and diamonds. Although it does not rule out the possibility there are conditions in which people will buy an item with virtual coins, as is done by @batang_bitcoin and @GermanGiant in their comments above. However, today most people still use it on the exchange and its value is still the same as assets, not a medium of exchange like fiat money. Interesting discussion.
Interesting as it is. And what you mentioned is right. People nowadays treats crypto as an asset and mostly for bitcoin users, it is considered as a store of value. But we have to contribute to the crypto economy by spending it. Look for a way that you can contribute it not just by treating it as an asset or store of value, spend a little of it.
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Rent this sig space so that BTC goes to $100k.
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brjameng
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September 27, 2018, 07:26:05 AM |
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At the moment, I still hasn't using any of my coins for some kind of transaction since there isn't many place that accepting payment using cryptocurrency. So, right now i've just using it to trade in an exchange.
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Suwycu
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FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET
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September 27, 2018, 07:28:57 AM |
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Quite possible. This is about me, because I practically do not use my crypto currency and try to keep more coins till better times!
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█ ▌ FABA | https://vc.fabainvest.com/ ▐ █ ICO-sale has started⚫══ POWERFUL THOUGHT AND STRONG FAITH CAN DO ANYTHING ══⚫
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lienfaye
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September 27, 2018, 08:08:12 AM |
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I still use my cryptos (particularly btc and eth) for their original purposes, eth to fuel my token transfers and btc for paying my bills and loading my phone.
Currently its not wise to spend your cryptos due to its low value that's why its better to refrain from spending but rather buy additional holdings for the future bullrun.
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gribble
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September 27, 2018, 08:16:05 AM |
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I know nobody who uses crypto for it's functionality , almost all people use them just in the exchanges!!!!
I still don't use cryptocurrencies as payment options on local country due to still there are no many people who know about the cryptocurrencies, i used cryptocurrency is just for instrument of investment in cryptocurrencies space, but in the future cryptocurrencies will be used for its functionality, as payment system, e-commerce cryptocurrency and other functions. It is just about the time due to as we know the progress of cryptocurrencies goes up now.
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sinkfish
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September 27, 2018, 08:22:55 AM |
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though im not using crypto at the moment, but i know there is a lot of way we could use it. besides, crypto is still much volatile compare to many country currency. At the moment, i would just keep crypto in wallet for investment, perhaps for future use.
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Gontxi
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September 27, 2018, 08:27:19 AM |
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I know nobody who uses crypto for it's functionality , almost all people use them just in the exchanges!!!!
I think you are wrong, ethereum is used as a function with smart contracts, maybe for crypto that involves the product not actually running according to its function. and currently Q4 will run I believe there will be many innovations involving crypto in the following year and run as a function.
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Indrawan77
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September 27, 2018, 08:32:17 AM |
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Most of the people now are looking for the profit, because there are not a lot of place are accepting crypto for payment, but I ever used crypto for various transaction like buying stuff online and buying phone credit, but its not too effective because we need to pay transaction fee, after being calculated to fiat, its more expensive to buy using crypto
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abake
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September 27, 2018, 08:34:30 AM |
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For now no full scale mainstream adoption for cryptocurrencies, very limited stores and services accept bitcoin and other crypto as payment. This is a deterrent factor but it's not their fault entirely, volatility is a thing to worry about. I believe stable coins like USDT, TRUE USD, and co should fit-in in the near future. Well, on my own part, I have used btc to pay for services just thrice.
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koincik
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September 27, 2018, 08:34:53 AM |
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I know nobody who uses crypto for it's functionality , almost all people use them just in the exchanges!!!!
Crypto is too early for money use. To be used as a means of payment, the market needs to grow a little more. Accepted payment point must also increase firstly.
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sherenikaw
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rocket.hashbon.com
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September 27, 2018, 08:37:16 AM |
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In this time, crypto utility is still limited. Only few markets or companies that accept the crypto for the payment. However, it doesn't mean that the crypto is not able to utilize. Utilizing the crypto for trading and investing for me is very enough because it can help me to get the money.
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HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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Brawnsugar
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September 27, 2018, 08:40:27 AM |
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I know nobody who uses crypto for it's functionality , almost all people use them just in the exchanges!!!!
Using cryptos for their functionality is relative and subject to what utility function the coin has. I personally use Bitcoin and ETH for payments for services online. Some coins have more technical use, coins like OPEN on the OPEN Platform are for the tech savvy people and so they would have more need to use them
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nicecrypto
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September 27, 2018, 08:45:21 AM |
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I can agree to that, for the main time in my side of the world I don't think any utility company accepts crypto as means of payment not even Bitcoin. While this might happen in some few years to come when the blockchain technology must have been well adopted by many here, then we might see that form of crypto acceptance as a means of payment other than just the exchange trading we besically use it for now in my county.
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Vargum
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September 27, 2018, 08:58:27 AM |
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Basically, most people use crypto currency only for trading on exchanges. But there are a lot of crypto-currencies and the scope of their application is also different, many people use tokens to pay for some purchases on the Internet, on various sites where they accept a certain token for certain services, in some countries you can buy real estate for crypto currency
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