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Armstand
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November 17, 2017, 02:38:19 AM |
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I try to save as much Bitcoin as I am sure Bitcoin will be worth $ 10,000 this year, if that happens I will sell a little to buy a house and be able to stabilize my daily life for 30 years and I can free business
By the end of the year it might reach $10k, its increasing now and it's almost $7890 nlw and December is near, many might put some of their savings on it. I regret not buying some when it dumps this past days. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Fappanu
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November 17, 2017, 04:29:57 AM |
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As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.
Many people not use bitcoin to pay or use as payments to buy things but they save it to their particular bitcoin wallet and they patiently waiting to up or high the value of bitcoin. When the value of bitcoin rise up, they convert it to real money and they use it to buy things that they need. I didnt know if if people use bitcoin not use it then it reflect to bitcoin miners and not circular use the full control of bitcoin in online. So if the bitcoin stock in wallet address, it reflect to the miners and the value of bitcoin will going down. Thats my own opinion. |
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krulviper
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November 17, 2017, 08:57:45 AM |
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i think people hold bitcoin because their have much money, but i'm not hold bitcoin too much, i'm usually use bitcoin to trade or buy something.
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~Spawn~
Jr. Member
 Offline
Activity: 33
Merit: 12
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November 17, 2017, 09:04:38 AM |
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I hold my bitcoin as long as possible because im sure bitcoin price will up in the future, i want to save it for my future, i want to spend my bitcoin in for emergency purpose only.
Nothing is for sure in life, but I agree that the future is bright for Bitcoin. Most people who invested without being desperate for quick profit have succeeded in their investment, so the key is to be patient, and never put any money that you may need to withdraw too early. |
Byteball.org ❱❱❱ IT JUST WORKS. ❱❱❱
Sending Crypto to Email - Risk-Free Conditional Smart Payments - ICO Platform with KYC |
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magz
Full Member
Offline
Activity: 268
Merit: 100
World's First Chain Balancing Token (CBT)
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November 17, 2017, 09:23:01 AM |
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Of course i think all of us has a same answer. It is normal if we use it but for me if i will have a lot of bitcoin on my wallet i will put those coins for the good of my future maybe ill spend it a little to buy something but i told my self when i use that bitcoin to buy something i will buy something important or useful thing that can help my focusing on bitcoins go well
That's also what I am doing right now. I spend a little bit of my Bitcoin for some time. The large portion of my Bitcoin is for my future use. I know Bitcoin will have a significant role in our economy in the coming future. |
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NeoTech42
Member
Offline
Activity: 200
Merit: 10
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November 17, 2017, 09:37:06 AM |
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I guess, lots of people don't want to spend their Bitcoin because they believe their value will explode through the time. So it's rather a speculation than a real true currency.
The volatility is way too high to use the Bitcoin in the real life.
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Ziomuro27
Sr. Member
Offline
Activity: 406
Merit: 254
BookiePro.Fun - The World's Betting Exchange
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November 17, 2017, 09:49:03 AM |
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As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.
You do have a good idea in making this poll, because people will understand the value of bitcoin. Most people choose the third option which is waiting for the price up, and for me it is right to wait the bitcoin price are continuing growing everyday even though sometimes it drops down but I tend to wait until it increase again. |
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Bitcoin2theEnd
Member
Offline
Activity: 137
Merit: 14
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November 17, 2017, 09:57:55 AM |
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I used it to by a Trezor and a Cryptosteel
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kinzey
Full Member
Offline
Activity: 254
Merit: 100
Blockchain with solar energy
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November 17, 2017, 09:59:21 AM |
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As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.
Everybody who uses btc is in for money and profit. Small fish or whales its nice to spend some of your profit. With small investors like us when we need cash or short on monthly needs we take some profit from btc and use it for expenses. |
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DMC_Ken
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November 17, 2017, 10:05:13 AM |
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Yes, I'm using a BTC for myself and for my family, because I want to give them some needs so I will give my time for it so I can get more BTC for my family needed.
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RavRider
Member
Offline
Activity: 189
Merit: 10
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November 17, 2017, 10:09:18 AM |
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Never. And i will never use it to buy stuff. I just hold it and wait for the Price goes up. When you watch the past of the Bitcoin, you see its stupid to use them. Just hold it and son you will get a Lambo  |
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litmus
Member
Offline
Activity: 106
Merit: 10
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November 17, 2017, 10:14:06 AM |
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I use if as the "defacto" best way to get to the means to buy altcoins from exchanges. I guess I could use other coins with cheaper transaction and exchange rates, like ETH or LTC for this purpose (offered at the same credit card accepting online vendor that I buy the (partial) BTC at), but the left over amounts I invariably have in my wallet, I have (historically) preferred them to exist as BTC to reap those advantages.
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xvids
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November 17, 2017, 10:18:56 AM |
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As everyone knows one of the major problems with Bitcoin economy is hoarding. The idea of this poll is to find out whether the lack of spending in the BTC economy is mainly due to the lack of acceptance of Bitcoin payments, or is it that people can actually buy a good deal of stuff that they need with BTC but choose not to.
I sometimes use my bitcoin whenever I need an emergency money or when I run out of money for my daily expenses. The reason why I want to earn bitcoin is to save and to have enough money for my daily expenses and needs. Earning bitcoin is a good way to earn money because the tasks are not that hard and stressing. |
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denzkilim
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November 17, 2017, 10:33:38 AM |
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Yeah I use my bitcoins/satoshis to buy some stuffs and necessary things that I need in life and I also use it to pay my internet bills and electric bills. Here in our country there's a platform that lets you buy and sell bitcoin for cash at the same time you can pay your bills using your bitcoins.  |
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bryson
Newbie
Offline
Activity: 16
Merit: 0
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November 17, 2017, 10:45:48 AM |
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I just use BTC as an investment. I don't really see the point in using a currency that can rise up so fast. It's like missing out of potential profit. Pretty sure a lot of people use bitcoin though, but it isn't very widely accepted yet. A lot of people probably hoard it like me as well, hoping to make a profit.
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ogini
Member
Offline
Activity: 406
Merit: 10
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November 17, 2017, 10:50:36 AM |
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For business transactions off cause I will not hold it, but normally I don't use bitcoin for shopping, i really hold it until price appreciate
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imam ukik
Newbie
Offline
Activity: 7
Merit: 0
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November 17, 2017, 10:56:56 AM |
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especially me, using it by sending money around the world and between different online accounts. I have bought on various sites as well.
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Chicryptomama
Newbie
Offline
Activity: 182
Merit: 0
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November 17, 2017, 11:02:09 AM |
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Well yeah, I use my Bitcoin to carry out a lot of transactions for my other businesses.i try to sell my Bitcoin on the high,take profits and rebuy back on the low..however,would like to keep my coin for long term future usage but that task is a daunting one.
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RudeeTam
Member
Offline
Activity: 299
Merit: 11
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November 17, 2017, 11:09:53 AM |
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I put my full trust in btc as a long term investment so I hoard and hold as much as I can. Will occasionally cash in part of it if the need arises.
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bryant.coleman
Legendary
Offline
Activity: 3654
Merit: 1217
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November 17, 2017, 11:20:43 AM |
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The last time I used BTC for shopping was long back in 2015. After that I just converted my coins to fiat cash and used them for shopping using regular means. There are a few reasons why I am no longer using BTC for shopping. First of all, the fee is quite high now. And secondly, not many sites are accepting Bitcoin as a payment method.
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Poll
