shoreno
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January 25, 2019, 11:41:24 PM |
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for me, I use bitcoin or other cryptocurrency just for investment or trading. For investment, I usually buy BTC and will hold it for 5-10 years, but this way is very risky because the price of bitcoin tends to be unstable.
oh i see . trade and invest arent a common usage but if thats what you like then go ahead . investing btc is indeed good for long term but 5 to 10 years ? thats literally long but the risk isnt big because the longer btc runs , the bigger the value that it can possibly get . me myself is only use crypto for buying mobile recharge and sometimes i used it to pay bills . i believe these are the common and basic ways to use our cryptocurrencies .
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juragane
Member
Offline
Activity: 476
Merit: 10
CAT.EX Exchange
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January 26, 2019, 01:25:06 AM |
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if I myself use the most often I do for crypto currency as an online transaction tool, because to shop online it's easy to make payments and fast too. therefore the crypto is very helpful for me to buy goods online with fast payment
different things that I do with bitcoin, the first for me as a savings or long-term investment and as an asset, both bitcoin can get more income by trading on a daily, basis that can be understood because in the country I live in I have not allowed bitcoin is used as a payment tool directly. I hope that someday our country can provide enough facilities for businesses to receive payments in the form of bitcoin.
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LogitechMouse
Legendary
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Activity: 2450
Merit: 1036
Chancellor on brink of second bailout for banks
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January 26, 2019, 03:41:38 AM |
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for me, I use bitcoin or other cryptocurrency just for investment or trading. For investment, I usually buy BTC and will hold it for 5-10 years, but this way is very risky because the price of bitcoin tends to be unstable.
Many of us use Bitcoin and other cryptocurrencies for trading and holding only since there are not so much establishments that are accepting it at this moment. Both of them has risks since its both investment and investing always has risk but it can give you high rewards. I also use cryptocurrencies for trading only and holding purposes since I don't know anybody or any stores who are accepting crypto at this moment. Sometimes, I use it for gambling but not always.
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CryptoSmile
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January 26, 2019, 03:50:12 AM |
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I strongly believe and have great hopes for crypto currencies, and now I am using the new crypto currency as a long-term investment where I believe that crypto currencies will be able to provide happiness with great profits someday in my life.
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Janation
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January 26, 2019, 04:04:07 AM |
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me myself is only use crypto for buying mobile recharge and sometimes i used it to pay bills . i believe these are the common and basic ways to use our cryptocurrencies .
In our country, we are using an exchange and people think that they are really using Bitcoin to pay their bills. I know that they are using their Bitcoin in the exchange to pay their bills or dues but what they didn't know is that the exchange already change their BTCs into fiat and use that to pay their desired offices like mobile loads and monthly bills. Though it is great that some people know these since they will be able to think that they can use Bitcoin in some ways like that.
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sirminesalot
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January 26, 2019, 05:16:16 AM |
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for now the most common use is still in investment to get additional profits and revenues for absolute functions and overall not yet because the government still has not formalized the crypto currency as the applicable currency
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Accounting87
Newbie
Offline
Activity: 140
Merit: 0
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January 26, 2019, 05:40:27 AM |
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I am a newbie in crypto, so I decided on buying some amount and maybe starting to trade in the nearest future. In my city nobody accepts btc as a means of payment, so I might use it for online payments and just store money hoping the price will rise.
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ethereumhunter
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January 26, 2019, 06:50:50 AM |
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What do you use cryptocurrencies most often for?
I use cryptocurrency for trading, make a profit, exchange it into my local fiat. I repeat the process day by day, week by week, month by month If you thought about what cryptocurrency you use the most and what your favorite/most often use case is for it, what would it be?
I use bitcoin and altcoin at the most because that is what I use for trading and I search a way to make a profit in bitcoin. I also use bitcoin and altcoin for a very long-term investment. What would the websites be, or physical places you visit for your purchases?
I don't buy any products with bitcoin because I prefer to save more bitcoin right now. Besides that, I do not yet find any local website that accepts bitcoin as the payment. Anybody offer discounts for cryptocurrencies or anything special?
What kind of discount do you want? You will get a discount when the price of the coins is down because you can buy the coins at a low price. Special things you can only buy with crypto's or special discounts or anything, or just for the ease of transferring funds mostly?
I think the discount is applied in dollars and then we can see how much bitcoin we need to pay because so far, when I see the payment transaction of bitcoin, we don't make any discount or maybe I am wrong. I hope it answer your question
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MeongElek
Member
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Activity: 418
Merit: 10
"simply getting the job done"
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January 26, 2019, 07:25:30 AM |
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I do not use cryptocurrency for payment instruments, because it does not apply in my country at this time. But I can still use cryptocurrencies for investment methods that provide significant benefits, starting from trading and others.
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eaLiTy
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January 26, 2019, 08:56:41 AM |
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What would the websites be, or physical places you visit for your purchases? Anybody offer discounts for cryptocurrencies or anything special? Like, what is the drive that gets you to get and use cryptocurrency for a purchase over a credit card. Special things you can only buy with crypto's or special discounts or anything, or just for the ease of transferring funds mostly?
There is no incentives or offers in place if you are dealing with cryptocurrencies that i know off, these offers will be provided by private companies as part of promotion and bitcoin is an open source project, i am not sure about other private crypto offers, most of the countries have not regulated the market and once there is a clear regulation in place many companies will accept it as it will a good one for travelers around the world who does not need to convert their currency to local ones every time and for international business, for me i use bitcoin to gamble when ever i feel like placing a bet in sports or in dice sites and trading is a big part as well.
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bitfocus
Member
Offline
Activity: 532
Merit: 15
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January 26, 2019, 11:40:44 AM |
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taking payment, paying my bills to people work for me and investment.
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Huntler1993
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Activity: 462
Merit: 13
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January 26, 2019, 12:48:16 PM |
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Mostly for transaction, although most of them are kept for investment purposes but when the time comes to get some valuables and assets we resort to it if only the companies involve belief in our digital world.
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JRoa
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January 26, 2019, 12:52:25 PM |
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What do you use cryptocurrencies most often for? If you thought about what cryptocurrency you use the most and what your favorite/most often use case is for it, what would it be? Obviously if it's private and you don't wish to share that's fine, I'm just curious to see what's being used and where people go most often for purchases, maybe pick up some new websites to visit for stuff I haven't found yet, or just share some places with other users who don't know many places to spend at.
What would the websites be, or physical places you visit for your purchases? Anybody offer discounts for cryptocurrencies or anything special? Like, what is the drive that gets you to get and use cryptocurrency for a purchase over a credit card. Special things you can only buy with crypto's or special discounts or anything, or just for the ease of transferring funds mostly?
Transactions are the best uses of cryptocurrencies especially bitcoin. In my past transactions, there are delays in the payment but bitcoin has characteristics which the transaction can be more faster and better. The payment system is becoming more better because of the characteristics of cryptocurrencies.
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idham29
Member
Offline
Activity: 315
Merit: 12
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January 26, 2019, 02:45:27 PM |
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I do not use cryptocurrency for payment instruments, because it does not apply in my country at this time. But I can still use cryptocurrencies for investment methods that provide significant benefits, starting from trading and others.
The current use is for trade, because the instrument provides an opportunity to earn profits. Besides that, it is also for long-term investments, because cryptocurrency especially altcoin still provides good opportunities for profit.
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kucritt
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January 26, 2019, 03:25:42 PM |
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until right no im using bitcoin for investing and some little tradng, so i use bitcoin because i want to create some money more and more with bitcoin, i hope in the future bitcoi npurpose can be more good than now, have many purpose and anything else
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susila_bai
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January 26, 2019, 03:41:26 PM |
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As cryptocurrency usage is ban in my country so only option left is to convert to fiat currency and use or i use it in gambling sites so that i can hide my identification and play gambling. Online purchase cannot do because product cost is low but the delivery charge it high which make product costly to purchase
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Indamuck
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January 26, 2019, 03:44:15 PM |
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Right now I would say store of value and speculation. Many of these coins aren't even used but they have obtained massive valuations just from speculators. Well people like to gamble, so it looks like these junk coins will never stop and there are three new ones to take the place of every dead one.
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susuberuang
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January 26, 2019, 04:12:50 PM |
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usually I only use cryptocurrency to buy something that I want and now it's only a bitcoin that I often use to buy something I want, with bitcoin more profitable than using other coins.
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Onuohakk
Member
Offline
Activity: 672
Merit: 29
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January 26, 2019, 05:36:24 PM |
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My most common use for cryptocurrency as on now is to trade with it. Yes cryptocurrency has other uses that makes it superior to normal currency but yet to tap into yet
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Ararbermas
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January 26, 2019, 05:44:13 PM Last edit: January 27, 2019, 04:11:19 AM by Ararbermas |
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actually the common uses of crypto currency for me as of now is to trade or invest since its still very promising despite of the circumstance of the market which i'm still able to make a profits on it . And sometimes i used it always as well as a payment method especially buying load and more stuff through online . Crypto currency is a big help for me indeed. Reason i preferred to use it than other online payment method.
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