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Author Topic: How do you use crypto?  (Read 5392 times)
HyperionXtech (OP)
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September 06, 2019, 08:36:48 PM
 #121

Applications for blockchain can be found a lot. For example, I think that people will no longer need notaries. Why do you need notaries if you can use a smart contract? I think that makes perfect sense. There are many specialties that in the near future may disappear and people do not have to spend money on it.

This is a great example and something we are currently working on. The idea is that the constant development in the blockchain community will create new and exciting ways to implement the tech. The same way that the steam engine revolutionized transportation, blockchain will revolution business.

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September 06, 2019, 10:28:20 PM
 #122

Crypto has been around for over a decade at this point. The secure digital currency has many perks, but it seems that it is still not being utilized to its fullest potential.

Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.

Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.

Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.

It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.

What are your thoughts, and how do you use crypto?
I think that over time cryptocurrency will be used everywhere, need to wait for a little. I use cryptocurrency only for speculative purposes.






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September 06, 2019, 10:32:31 PM
 #123

We are already enjoying the benefits of blockchain but however not on a wider scale as mass adoption is yet to occur. The truth is, Blockchain led by Bitcoin has opened the eyes of many people to various opportunities although some tends to misuse it, but I know in there near future when the world have fully understood what Blockchain is really out to solve they will give it the neccessary attention.
Furthermore, in my own way, I do transactions with friends and pay in Bitcoin or Ethereum; I could remember paying for a certain service online via coinbase with BTC instead of credit cards.

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September 06, 2019, 10:43:04 PM
 #124

This is a very pertinent question as I haven't really given it a thought. So far though, I can only remember using my crypto for a few things outside trading. I think I used it for the arbitraging platform once and I also used it for kelta mining. I have not used it to buy stuff online before however, I am planning on using it to by airtime credits for my phone lines in future with ETN

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September 06, 2019, 10:46:09 PM
 #125

Cryptocurrency has not yet gone beyond what it is and where it is for now. Until there us adoption, before we can be confident of what we desire and wished could happen. If crypto can be used like the normal physical money is being used, then it means that the full purpose of establishing crypto has been fulfilled.
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September 06, 2019, 10:51:24 PM
 #126

In my case, I am using crypto in paying my workers daily especially Ethereum as the transaction fee is ok unlike bitcoin that if you are going to send a small amount the transaction fee is bigger than what you are sending.

Aside from that, I have invested few of my money also for a long term purposes and hoping to receive a good profit in the end. I am also using it to pay my utility bills, so in my case I have plenty of usage for it and I am hoping that someday crypto currencty will be legalize in our country for the benefits to all the crypto users.

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September 06, 2019, 10:52:25 PM
 #127

Clearly, cryptocurrency has shown that technological development provides many benefits in an efficient manner. Many new opportunities to be utilized, depending on the passion of each. I am more interested in using cryptocurrency as commodity trading, day trading. Fluctuating market movements give me the challenge to try an analysis skeleton, both technical and fundamental. I also join the bounty to earn money from the support and work I do. So far, this is very profitable.

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September 06, 2019, 11:27:22 PM
 #128

In my case, I am using crypto in paying my workers daily especially Ethereum as the transaction fee is ok unlike bitcoin that if you are going to send a small amount the transaction fee is bigger than what you are sending.

Aside from that, I have invested few of my money also for a long term purposes and hoping to receive a good profit in the end. I am also using it to pay my utility bills, so in my case I have plenty of usage for it and I am hoping that someday crypto currencty will be legalize in our country for the benefits to all the crypto users.
For now, i am more into using bitcoin as my investments. I usually buy coins at their low price and hold them for a long period until i see a good timing to sell. Maybe if the government will fully legalized the use of bitcoin, then we can use bitcoin fully as a payment system and use it to purchase goods and services. But for now, i believe majority of us here are using bitcoin as good investment.

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September 06, 2019, 11:43:24 PM
 #129

In my case, I am using crypto in paying my workers daily especially Ethereum as the transaction fee is ok unlike bitcoin that if you are going to send a small amount the transaction fee is bigger than what you are sending.

Aside from that, I have invested few of my money also for a long term purposes and hoping to receive a good profit in the end. I am also using it to pay my utility bills, so in my case I have plenty of usage for it and I am hoping that someday crypto currencty will be legalize in our country for the benefits to all the crypto users.
For now, i am more into using bitcoin as my investments. I usually buy coins at their low price and hold them for a long period until i see a good timing to sell. Maybe if the government will fully legalized the use of bitcoin, then we can use bitcoin fully as a payment system and use it to purchase goods and services. But for now, i believe majority of us here are using bitcoin as good investment.

True means for investments that have a small risk is better bitcoin, why do I choose bitcoin? because the government in my country has implemented an automatic digital bitcoin will also enter it as a means of payment.

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September 07, 2019, 12:47:13 AM
 #130

I use crypto to pay for goods and services online and also send money to my family and friends around the globe

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September 07, 2019, 06:09:00 AM
 #131

I use crypto to pay for goods and services online and also send money to my family and friends around the globe
I think that you, too, can confirm for the last year we see a clear development of the entire cryptocurrency market infrastructure. I also have a very large number of payments through cryptocurrencies.

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September 07, 2019, 06:20:55 AM
 #132

For me, crypto at the beginning was the source of fast money, but then it begins more convenient for me to use it for paying somebody, or some service, to make shopping online it's very fast, I'm always using Etherium.

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September 07, 2019, 06:38:00 AM
 #133

My thoughts of being here mainly is to earn crypto. By earning cryptocurrency, I am engaging to join some good bounty campaigns and then for earning crypto such tokens i can ussually use it to change it to fiat literally to become money, from digital currency to money. In some other ways i can buy some stuffs online and pays through bitcoin, ethereum or ripple coin and that's how can i use crypto.
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September 07, 2019, 07:06:00 AM
 #134

Crypto has been around for over a decade at this point. The secure digital currency has many perks, but it seems that it is still not being utilized to its fullest potential.

Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.

Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.

Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.

It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.

What are your thoughts, and how do you use crypto?

Not many countries allow transactions using cryptocurrency. In my opinion, cryptocurrency is currently speculative and many people think crypto is a high-risk investment. But I also believe that cryptocurrency is good investment in the future because we live in an era of technology that is fast and inexpensive
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September 07, 2019, 08:46:41 AM
 #135

Honestly,before I used crypto as paying bills and buying load to make my payment more accessable. But when I noticed that crypto is very good investment that was the time that I already see crypto as investment. And after a month someone told me that there is a good income in trading so I will study about the business flow about trading now.
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September 07, 2019, 09:19:01 AM
 #136

I use cryptoqurency as a form of investment and also trading and I think other users also have something in common like me to benefit from crypto. but you need to remember that investor interest is not only in profits but the adoption rate is also one of the reasons why investors believe betting on projects that have many users.
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September 07, 2019, 12:08:21 PM
 #137

First I use crypto I want to know how to get profit from crypto through trading conducted by seniors first, after I learned because I don't have the capital to trade, I try to join as a bounty hunter after I get the results of the bounty work, then I trade in the market , a lot of knowledge that I found in crypto in finding free coins of course


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September 07, 2019, 12:22:21 PM
 #138

Cryptocurency offers lots of use cases to my everyday life. Aside serving as an investment opportunity where I can hold some coins and enjoy rewards on them, cryptocurrency can be used to purchase items and services online in shops like shoppify stores, Newsegg, overstock.com etc. Also, cryptocurrency can be used to send funds to loved ones anywhere around the globe.

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September 07, 2019, 04:05:20 PM
 #139

I personally use crypto only limited to invest in trade and my purpose is the same as other traders, that is looking for profit in trading because indeed in my country the use of crypto is still constrained by applicable regulations, and the use of crypto is only limited as an investment tool and may not be used as a substitute for currency or a means of payment.

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September 07, 2019, 05:19:01 PM
 #140

Cryptocurrency is something that is very useful for me and the way I use it is as a long-term investment asset because I believe cryptocurrency is a future currency that cannot be refused

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