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Scorpion
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November 06, 2017, 07:50:08 AM |
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I have been getting back into trading a little bit on the daily and using Bitcoin on Bittrex Exchange to do it, but I am holding the majority of my Bitcoin.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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lvincent
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November 08, 2017, 08:51:31 AM |
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I only stock my Bitcoin as an investment i will not gonna use it or withdraw it unless it's price goes up. Ive got another source of income to use for my daily needs so i don't really need to use my savings here in bitcoin. But when bitcoin price is going down i think there's a really tough decision for me to make it's either hold it or lose it.
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migueltiu
Newbie
 Offline
Activity: 42
Merit: 0
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November 08, 2017, 08:57:06 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.
For me, I have been new to bitcoin and I have seen the price go up from $400 to $7000 in the span of three years. I am currently employed now and I am not a thrifty person. I plan to just maintain it in my wallet for years to come. |
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caeles
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November 08, 2017, 09:08:44 AM |
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I am using my BTC whenever I need to but if I will not using it for something, I am keeping it and waiting for the price to increase.
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DevilSlayer
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November 08, 2017, 09:11:52 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 am not spending my bitcoins! I always keeping all the bitcoins that I earned from many jobs in the cryptocurrency. I know that I can earn more money if I keep my bitcoins. |
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yndye
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November 08, 2017, 09:36:55 AM |
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I am short in fiat right now and I need to pay some expenses so whenever I need an additional money, I need to convert my bitcoin. Though I want to make it just a pure investment, I can't avoid spending it but if there's a way I would not use it then I will choose to use fiat.
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darefreads
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November 08, 2017, 09:41:44 AM |
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Use my bitcoin maybe when it is December ill gonna use it because it's too small amount for what I want to buy. So if I wait in December it will increase than what amount right now. And its better to buy things when Christmas and give my gifts to my brothers and sisters.
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Cofee.BLUE
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November 08, 2017, 09:43:18 AM |
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Ofcourse i use my btc, it is a very big help for me, in terms
Financial prospects and status, even btc is very hard to be earned i still earn more and much of it thats why i continue to use btc. This gives me more hope to grow and to fulfill my dreams to finish studying, and most of the people that earn btc, i think they wont stop using it until they finish all what they wanted to do and to buy.
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Jerry Patterson
Newbie
Offline
Activity: 31
Merit: 0
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November 08, 2017, 09:56:03 AM |
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Being new, I am working on gaining more Bitcoin. Not many people in Queensland Australia even know about Bitcoin, let alone accept it as a payment. So at the moment I guess I am hoarding. I did use a small amount of Bitcoin to purchase Alt coins though  |
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sandaru
Member
Offline
Activity: 266
Merit: 10
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November 08, 2017, 10:08:04 AM |
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Hi there.. Usually, I do not use my bitcoins and wait until the value of bitcoin rises up to a comparatively higher amount.Tthen I sell them.
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Matimtim
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November 08, 2017, 10:24:17 AM |
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Definitely yes, I use my bitcoin.
The only reason why there are many people instead of using their bitcoin they are still keep it in their wallet because they are still waiting and hopping that someday bitcoin price will be double on what is the price at the present.
In holding bitcoin on their wallet is a simple way that they are able to earn money its because bitcoin price increasing in everyday or a months.
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Denamen
Sr. Member
Offline
Activity: 499
Merit: 250
Chainjoes.com
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November 08, 2017, 10:33:13 AM |
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I had used BTC several times for payment. But now I am just holding Bitcoin as long as possible. The profit is too huge.  |
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Kmrherradura05
Member
Offline
Activity: 62
Merit: 11
soohi
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November 08, 2017, 10:35:27 AM |
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I used my bitcoin as my investment. I keep it and store it to make it grow even though as of this moment bitcoin price decreases I beleive that in no time it will boom again.  |
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Kurokonobasuke
Full Member
Offline
Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
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November 08, 2017, 10:39:41 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 am not yet able to use it as a currency directly. So everytime i am in need of money I usually convert it into fiat or regular currency first since it is not yet legal in my country. Maybe by the tine that it is already legal, I will be able to use it as I would like to without needing to convert it first. |
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OneSortieMan
Newbie
Offline
Activity: 39
Merit: 0
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November 08, 2017, 10:49:58 AM |
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I convert bitcoin into USD as soon as I get it via the bitpay visa.
maybe when I get a raise and start earning more in bitcoin ill hold on to some of it
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sudip76
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November 08, 2017, 10:51:14 AM |
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I use some bitcoin when i need money. i am a student now and my all study cost come from bitcoin and also hold my bitcoin for my future
i believe that one day bitcoin make me rich.
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tali
Newbie
Offline
Activity: 13
Merit: 0
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November 08, 2017, 10:52:05 AM |
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Its interesting to observe that replies from 2014 people use to spend their btc in food, pizza, games, online shop... But now people are hodling , because now btc became more than just a coin, its a investment .. People are now believing and betting on it because they know how pottencial this crypto is!
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potatocorner
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November 08, 2017, 10:56:22 AM |
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Actually everytime I earn or have bitcoins, when I have the time, I convert it to our country's currency so I can use them to shop or buy here. Maybe today there are only few shops or companies that accept bitcoin as payment, but I believe as more people are engaged in using bitcoins, more companies will be accepting bitcoins in the near future.
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siddu67
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November 08, 2017, 11:02:18 AM |
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I am using it in many ways. First of all I invest in bitcoin so that I can earn profit from them. I m using bitcoin to support my family and financial condition. It can also use in paying methods of different wave site for shopping
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Mumbeeptind1963
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November 08, 2017, 11:13:59 AM |
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Actually everytime I earn or have bitcoins, when I have the time, I convert it to our country's currency so I can use them to shop or buy here. Maybe today there are only few shops or companies that accept bitcoin as payment, but I believe as more people are engaged in using bitcoins, more companies will be accepting bitcoins in the near future.
No i've only convert it into my country currency, everytime when i earned from my job here. If i used it, i'll will use it through investing because i know if i deposit my bitcoin in investment, i could be gain profit to it. |
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Poll
