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Author Topic: How do you use bitcoin?  (Read 1228 times)
cizatext
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December 25, 2018, 09:29:46 AM
 #41

The usage of bitcoin is so numerous to the extent that one can use bitcoin for several reasons at the same time bitcoin as a universal currency can be use for exchange, trading for other currencies or commodities on the world exchange market and at the same time bitcoin can be use for payments for goods and services.
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December 25, 2018, 09:55:04 AM
 #42

1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  


I just use my bitcoin to buy some altcoin which will help me to make more profit and more bitcoin. There are time that I use my bitcoin to buy some stuff and you can really say that bitcoin is suits on become currency. Bitcoin will become more useful if you use it in buying some altcoin or doing trading.
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December 25, 2018, 10:19:27 AM
 #43

There's a lot of ways on how do I use Bitcoin personally here are the most common things on how do I used this certain cryptocurrency:

1. Daily Transaction - Using this to do daily transactions such as giving payments and receiving payments online to any kind of transactions as long as they accept Bitcoin as a mode of payment and vice versa

2. Mode of investment - Such as investing to cryptocurrencies and do trading or investing to a potential ICOs


There's a lot of things we can do using the Bitcoin if we're just going to let this coin legal in every aspects.

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December 25, 2018, 10:42:52 AM
Last edit: December 25, 2018, 02:07:21 PM by Kang Bahar
 #44

How I use Bitcoin?
1. As a medium of exchange, I use Bitcoin like money, which is used to buy something in the market that has this payment option.
2. I use Bitcoin as a long-term investment (especially hope to become rich with Bitcoin).

Why did I get into bitcoin?
1. I am amazed by the technology behind bitcoin, which gives me knowledge and insights into financial technology that I can learn.
2. Technology that can change the banking system that is not controlled by the government or anyone except myself.
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December 25, 2018, 11:43:10 AM
 #45

Bitcoin has a variety of uses and what I like best is investing in the short and long term and also as an exchange from BTC to fiat
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December 25, 2018, 11:46:19 AM
 #46

Let's all be honest, most of us are doing it for the money right now, also, for the stability.

But bitcoin is not stable anymore, the price can easily go +10% on a day, or -15% in five hours.. When i started, i was only buying bitcoins for the stability and to be able to have money out-side.



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December 25, 2018, 12:29:46 PM
 #47

To this day I use bitcoin as a means of trading and gambling. And on several occasions I also used it as a means to send money to colleagues who were far away from me. I hope that the use of bitcoin will touch many aspects of life in the future. Unfortunately till this time, my government still forbid the use of bitcoin as a means of payment.

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December 25, 2018, 02:46:17 PM
 #48

1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  


I used bitcoin through my knowledge, humbleness, patience, and also my positivity thinking. that is my way how i used bitcoin because that is a good for all of us
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December 25, 2018, 02:47:40 PM
 #49

I just like to trade and earn much .I am also a holder of bitcoin i try to buy bitcoin when it price in low .I think the recent moment is a great moment for me that's why i have bought as much i can .
And the reason i get into it ,i just know about btc when it was in 900$ .I just shocked to watch that how a coin got such a value then i try to invent it what it is .I just get then it is easy for me as a currency ,banking system ,trading and the other benefit too. That's how i get into on it.

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December 25, 2018, 02:59:29 PM
 #50

we can use bitcoin in any activity, the main purpose of bitcoin is the currency, we can use bitcoin for be our digital currency and i think that bitcoin as currency can makes the good change in the future, and the second is trading, we can earn some profit by trading bitcoin


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December 25, 2018, 05:04:02 PM
 #51

1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  


Using bitcoin in trading and buying altcoin will really help you to become rich but you need to become skillful trader to achieve that goal. The only reason why get into bitcoin is to earn and make money even it takes time to wait.
abhi777
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December 25, 2018, 05:50:17 PM
 #52

The usage of bitcoin is so numerous to the extent that one can use bitcoin for several reasons at the same time bitcoin as a universal currency can be use for exchange, trading for other currencies or commodities on the world exchange market and at the same time bitcoin can be use for payments for goods and services.
the use of bitcoin is interval that can be traded, exchanged and also by buying and selling goods that you want. and can also be used daily to meet needs. but if permitted by the government as currency.
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December 25, 2018, 06:06:02 PM
 #53

I would say, all of the above. Since I got into Bitcoin, the more you research the more you will know something that is not yet explored by your curiosity and the more you will want to get involved. I guess this is how our human minds think.

As more businesses are getting into Bitcoin too, the more they make the services easier for us as a consumer.

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December 25, 2018, 06:42:30 PM
 #54

1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  


I use bitcoin as a tool to invest, and maybe also speculative. And of course hope to gain profit when the price goes up. The price is irregular, it's one of the arts that I like and makes a lot of people curious. Bitcoin has not been able to be an exchange tool evenly throughout the world, but it still needs a process to convince many people. And it will be a revolutionary tool for transactions.
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December 25, 2018, 10:38:53 PM
 #55

If I use bitcoin, half of it is for trading, I buy coins that are profitable in the future and half of those bitcoins I hold until the price of bitcoin rises again. And I don't sell when the price is down because it will make things worse.
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December 25, 2018, 11:24:53 PM
 #56

Bitcoin was created to bridge the gap that exist in the financial ecosystem. It eliminates the third party system, which served as a point of verification before funds are sent to the person receiving it. I use bitcoin for all my online transactions and also use bitcoin as a means to send funds to anyone at any part of the world..

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December 25, 2018, 11:31:25 PM
 #57

My salary is paid in bitcoins. It is quite convenient. You can exchange some part into fiat and get more if rate will grow. But on the other hand you can loose some money if rate will go down. So it is up to you - to risk or not.

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Slow death
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December 26, 2018, 09:24:34 AM
 #58

I use this option:

1. Speculative/trading/buying coins hoping to get rich.


Of course I would like to use bitcoin as a means of payments, but because in my country the technology is still a mirage, the regulations are still a mirage and the politicians are very retarded and corrupt, there is no chance of the next 5 years I use bitcoin as a means of payment. If at least Visa and Mastercard accepted that people had bitcoin debit card that worked on all countries would be a good solution for my case


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kalstarzz
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December 26, 2018, 12:18:34 PM
 #59

I am more inclined to use bitcoin as an investment tool or money seeker, because that is the only thing that can be done in my country. I hope that one day I can use it more than that.
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December 26, 2018, 01:30:15 PM
 #60

be a speculators is a good things, if we have good ability to analyze the graphs and the movement of bitcoin, you can get the big result and big profit from your investment. so how do you use your bitcoin?

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