what do you guys use bitcoin for?

[Charles-Tim]

I have used Bitcoin to refill my phone balance. To be honest it was more expensive for me to use BTC to recharge my phone than to pay with it by fiat currency, which was truly disappointing 

You can easily go to someone or store that is selling credit cards to recharge, you can even make use of your bank directly, both did not require any fee in my country which I believe will be the same in other countries. Making use of Bitcoin will require you to send bitcoin to one address which will require transaction fee, buying it when the feerate is low upto 10 sat/vbyte or 5 sat/vbyte will make the transaction fee to be less which can even be less than $1 if using segwit is used for the payment with 5 sat/vbyte feerate, but buying card using bitcoin will demand for fee.

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[isaac_clarke22]

~

Both, because why not right? I just recently paid my bills using Bitcoin while holding into my other wallet.

Don't get fixated about the recent Tesla-Bitcoin news. It is showing that people are becoming too driven by large companies on the reasons why they invest in here.
People think that Bitcoin's price is merely controlled by celebrities, media and large companies, but they don't realize that it is their reaction in the first place.

[elisabetheva]

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Both, because why not right? I just recently paid my bills using Bitcoin while holding into my other wallet.

Don't get fixated about the recent Tesla-Bitcoin news. It is showing that people are becoming too driven by large companies on the reasons why they invest in here.
People think that Bitcoin's price is merely controlled by celebrities, media and large companies, but they don't realize that it is their reaction in the first place.

Bitcoin no one can control it moves and tries itself and that's for sure, but all of it can't be separated from social media and what news is there. sometimes news that is not necessarily true but can affect the movement of bitcoin, this is what makes things uncontrollable and can be controlled by them. even though it will not be long and will be as it used to be, but because all believe they make what is done will continue.

Bitcoin is able to work with existing capabilities and is supported by investors who really invest their funds there, not by a handful of people who influence for their own interests later.

[goldade]

Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin  will recover from that tesla did.

Currently, I believe most people still use bitcoin only as an investment asset. Most people consider bitcoin too expensive too be used as a currency to buy goods and services.
Another limiting factor is the volatility of bitcoin, the mere knowing of the fact that it is possible for that unit of bitcoin to increase in price makes me unwilling to spend it on goods. It is the same way for the receipient of the coins. Such person is unwilling to accept it because its value could reduce making him lose some money.
I believe bitcoin will be more of a currency than an investment asset if its price becomes relatively stable.

[acener]

I am using my Bitcoin or crypto for Mobile Load and Online Games Top Up.
I also use it sometimes to pay bills and to load my other e-wallet to purchase online or for cashless payment on my groceries,
That is how I use my crypto (Bitcoin) besides investment or trading.

[Cryptmuster]

Currently, I believe most people still use bitcoin only as an investment asset. Most people consider bitcoin too expensive too be used as a currency to buy goods and services.
Another limiting factor is the volatility of bitcoin, the mere knowing of the fact that it is possible for that unit of bitcoin to increase in price makes me unwilling to spend it on goods. It is the same way for the receipient of the coins. Such person is unwilling to accept it because its value could reduce making him lose some money.
I believe bitcoin will be more of a currency than an investment asset if its price becomes relatively stable.

I think that bitcoin will be an investment instrument for a long time, for me personally, bitcoin is an investment. Not only high volatility hinders Bitcoin, but also high fees. But for long-term investment, this is a very good tool that can bring a very good profit.

[maxreish]

Bitcoin will definitely recover even Tesla turned its back from supporting it. First off, it is not only the big company that has an optimistic view about bitcoin payments and bitcoin blockchain, there are tons of companies that definitely support it even one spread negative news about it.

With regards to your question about the usage of it? Ive been using it as an investment (or an asset ), but will admit that I rarely use it as a payment method. Not everyone will gonna agree to use it as transaction purposes especially in everyday basis.

[sapnu]

For the long year that I've known and used bitcoin, I solely use it only for investment alone. Even though I made a mistake once when the 2018 dump occured, I sold most of bitcoin in fear of losing more of it as the dump continues. Now, bitcoin was able to achieve an ATH of $60k and regrets come forth for me as I witness it. It is really important that you have the courage to hold your bitcoin as long as you can in order for you to benefit from it as its value goes higher and higher. As I've been given opportunity to invest once again in bitcoin, I will not waste it and will not let the happenings within it affect my holding.

[KryptoKings]

Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin  will recover from that tesla did.

I usually prefer to hold it but if I have to buy some good or service online and they accept btc, I happily make payment in btc.
Btc was created for a means of payment and not for holding. Btc real use is like a money and not like gold. In other words it is digital money not digital gold

[Sanugarid]

Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin  will recover from that tesla did.

I've been in BTC and Cryptocurrency stuffs for almost 2 years and counting so I generally used it as a long-term investment considering how it grows tremendously for almost a decade. I haven't tried BTC trading since it is complicated reading market charts and analyzing the movement of market price but you could exchange your BTC to other cryptocurrency coins like ETH.XRP. BCH and etc.

[Pandji02]

I'm hodling BTC and using altcoins for transactions. I'm not even worried about what's happening now. I just bought some more BTC.

[Issa56]

There are lots of things which bitcoin can be use for apart from investment or trading, there are lot's of companies that accept bitcoin now, Bitcoin can be use to buy things both online and physically there are lot's of institutions bodies that adopt bitcoin. I believe bitcoin will definitely recover from what tesla do because lots of people are beginning to know about bitcoin and they are beginning to accept bitcoin which I believe very soon bitcoin will recover and will still pump hard.

[iphone5s]

Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin  will recover from that tesla did.

You ask a question about, has Bitcoin become a transaction tool to buy the goods you want. not so dancing question. I'm more interested in your last question about the decline in the price of Bitcoin due to Tesla or rather Elon Musk. With the news surfacing on Elon Musk's tweet about not accepting Bitcoin, making the fall occurred but that wasn't the first problem of the Tweet. There are many factors that make the drop occur but you should take advantage of this decline as this is the perfect time to buy a sizable amount.

[jinxing]

investment is the main goal that I do with Bitcoin, there are no legal payments using Bitcoin here, if there were, I might have used this feature to shop at various stores.  besides investing, sometimes I do short-term trades using large amounts of capital so that the percentage of profits that can be obtained can also be decent

[Andrews193]

Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin  will recover from that tesla did.

I usually prefer to hold it but if I have to buy some good or service online and they accept btc, I happily make payment in btc.
Btc was created for a means of payment and not for holding. Btc real use is like a money and not like gold. In other words it is digital money not digital gold

In recent days, you have also seen how the intention to pay with bitcoin is a bad opportunity especially when it falls into the hands of large corporations, they can evaporate billions of dollars in a few hours, so eliminating such ideas will help the environment and our future path to be better developed. In terms of value, bitcoin is already seen as a formal investment, old and outdated ideas such as payment or remittance should be ignored

[liao chandra]

I only use bitcoin to invest.  This is because Bitcoin is still banned in my country.  But I know that in foreign countries such as America and Japan, Bitcoin is allowed as a payment and purchase. I think that in time, my country will also follow them.

[Obito]

I only use bitcoin to invest.  This is because Bitcoin is still banned in my country.  But I know that in foreign countries such as America and Japan, Bitcoin is allowed as a payment and purchase. I think that in time, my country will also follow them.

How can you access your bitcoin even though it is banned in your country, I am pretty sure that they are strict in implementation of the ban and they ban some sites that they find to use bitcoin or cryptocurrency. Have you cashed out some of your bitcoin into fiat? I am genuinely curious. For me, I use my bitcoin for paying bills in the house and if there are some leftover, I will just let it sit there and hodl it.

[sportclub2010]

I don't listen to anyone, including Tesla. I only listen to the cryptocurrency market. I follow the rise and fall of the exchange rate. When the rate is low, I buy bitcoins, when it is high, I sell.

[KeikoKitagawa18]

I use bitcoin only as an investment instrument and as a payment method. I have an online shop that sells games via Steam and I include bitcoin as one of the payment methods.

[traderethereum]

Are you guys currently using bitcoin to make payments or making purchases with bitcoin? maybe for invest only? I'm just wondering if bitcoin  will recover from that tesla did.

I use bitcoin for the investment thing and I make a profit from that.
I do not use bitcoin to make a payment or purchase something using bitcoin because bitcoin is too worth for that.
I believe bitcoin will recover and will have a chance to increase and break $60k soon.
But to go to that price, we need to have patience and not panic every time the price is down, especially if the bitcoin price is down for more.
We can buy back bitcoin if the price is dropping like today because this price can be hard to be seen in the future.