Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: yousufatik20 on October 06, 2018, 10:19:07 AM
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As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
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You are right, in fact, not many people use Bitcoin as money. I often use it for trading and only occasionally make purchases using Bitcoin online in stores or buying something from other people. Maybe when a business starts using Bitcoin to minimize the cost of international transfers, then Bitcoin will start to rise in price and its popularity will grow.
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I think this will be a rapid world economic growth. Everyone considers technology as the main necessity, maybe someday bitcoin will become a digital asset all over the world in the future, and this is not excessive
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That's right, actually there are currently more and more ways to use bitcoin in real life because there are already several cities in certain countries that have started it. But most people still choose to use Bitcoin only for investment and trade because they consider (including me) that bitcoin will have good potential in the future.
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I use bitcoin only to pay for something or just keep it in my wallet or on the exchange. Bitcoin is now more like an investment fund that is getting bigger or smaller
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I agree. If you want to make money on bitcoin you need to follow all the trends of the cryptocurrency world. I prefer to pay them for various services and make secure transactions. I get bitcoin for this reason.
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Honestly, I don't use bitcoin as a transaction tool. I use trading more like people here. Various payments, bitcoin cannot really be applied. So, like it or not we can only use bitcoin as an investment asset or trading tool.
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I just used bitcoin as an investment tool or an asset, not using it as a medium of exchange or an instrument of payment for an item ..
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As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
That is right, keep doing it. If you have another source of income beside from bitcoin then you can use it to finance the things that you need to pay like electricity cost and other things because bitcoin is the best for long term and you should keep it because in the future, it might be worth a lot of money and that is when you will just cash it out to enjoy the life and to give you kids the best taste of life.
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My brother uses Bitcoin properly to treat his mother who has a heart attack symptom.
Every month always check up to the Hospital and it always uses Bitcoin, but it is first disbursed to FIAT.
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My brother uses Bitcoin properly to treat his mother who has a heart attack symptom.
Every month always check up to the Hospital and it always uses Bitcoin, but it is first disbursed to FIAT.
that is the normal system to make bitcoin or altcoins meaningful in any moment we must follow the basic rules to meet the required terms. Bitcoin in some countries are freely use because the government recognized cryptocurrency.
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the situation is indeed how you have mentioned because I never used it for buying anything, even if I want to use there are so few places in my country so that I can`t even offer to pay with btc.
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I do not have huge investment in the Bitcoin for using it at the regular base fro buying goods or properties etc. I have few coins which I have held on for the future with the hope of rise in the price. That is my story about the bitcoin, what is yours?
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Yes i think you are right. Most of the people using BTC for trading and exchanging to gain profit but as BTC not allow maximum countries of the world its functionally use not implementing as well as. Like my government not allow BTC so that we only use it only for trade.
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Yes,you are right. I use bitcoin or any other cryptocurrency for trading and exchanging to earn profit. These are only my assets. Because bitcoin or any other cryptocurrency are illegal of my country. So i can not use them for many purposes. I hope in future government will accepts bitcoin or any other cryptocurrency.
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Yes you are right, I do not use Bitcoin at full capacity, I do not pay them for goods and other things, I use Bitcoin as an investment product and no more
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As far as I am more and more in it, I can do some conclusions.
1) People are mostly not using the Bitcoin (altcoins as well);
2) Crypto-enthusiasts are real enthusiasts only when the price goes up;
3) Even considering there are more crypto-companies appear which offer their services, and more people join our community - the level of crypto education and adoption is still very low;
Almost 95% of all people in crypto I know personally are holding or trading, but not using it to its functionality. I cannot judge anyone for this, but let's be honest - it won't bring you any money if you just will buy it and wait.
So, there is a question: "How much of you use Bitcoin or any other cryptocurrency to its full capacity?" I am curious about this because as for now it looks like there is only a small group of people making some contributions.
No, I am not actually use Bitcoin. I prefer used ethereum for gas of transaction and buy ICO. I think ICO is more usable.
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Yes until now I still use Bitcoin. There are a number of ways such as mine and this requires great effort and a number of devices that support them. And I also save Bitcoin because this is very important to me.
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Bitcoin is mostly used for investment for better profits when its price rises. I think when bitcoin becomes accepted for buying thing through the internet with lots of shopping sites, then its usability will be archived. For now, it is serving as an investment asset.
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looking at market prices I was shocked by the conditions that happened, right now I have sold some of my assets, and maybe if things are stable again I will buy some bitcoin
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Not really.
But somewhere are using bitcoin as one of the newly adopted in their life status.
So some people out there are already using the benefits of bitcoin as it is digital currency.
Maybe few more months I and my family are using bitcoin.
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I’m the type 2 people and I just try to make profit from this market, you can say that I have no use of Bitcoin and alt coin too
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Many people used bitcoin for investment. Bitcoin is also called cryptocurrency. Many countries recognized bitcoin as a cryptocurrency.
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I use it as much as I can because I have it, I also sold my minivan for BTC 8), so I think myself as good user of bitcoin :)
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Few times I bought VPN through Bitcoin and one time some email service. It was really nice because no credit card needed. Also I change sometimes BTC to my credit card.
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honestly say that a few months generally did not go into the purse . the price of bitcoin is only going down and sell it sorry to me
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I use bitcoin for things like paying a transaction, investing and buying altcoins.I like the use of Bitcoin because it is fast ,safe,easy and practical.
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In the beginning, I knew bitcoin, I focused on collecting it. But for now, I use bitcoin only as a reference for coins that I trade. ;D
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Yes I also use our investment in bitcoin because we will also get many benefitsby buying cheap price and we can hold by waiting for higher price,so we will get more profit.
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Yes I use bitcoin in carrying out transactions on the Cryptocurrency space.
I disagree with you that crpto enthusiastic tend to be only be excited with the rise in price of bitcoin.
The real crypto enthusiasti'cs are always excited whether the price of bitcoin is high or low because they have firm believe in it's potential.
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No I don't directly use bitcoin because my country government don't allow bitcoin at all so I converted bitcoin as dollars which is allow in my country.
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Why not... I already bought a apache motor bike with bitcoin sold money. But not directly with bitcoin but bitcoin transferring money.
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True crypto fans are always excited about whether bitcoin prices are high or low because they believe in their potential. I don't agree with you that enthusiastic crpto tend to be only happy with the increase in bitcoin prices.
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I like the use of Bitcoin because it's fast, safe, easy and practical. I use bitcoin for things like paying transactions, investing and buying altcoins.
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Yes I use bitcoin to carry out business transactions on the Cryptocurrency space because that is the only place I can use it .
Offline stores are not accepting it as a medium of exchange in my country yet.
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I like the use of Bitcoin because it's fast, safe, easy and practical. I use bitcoin for things like paying transactions, investing and buying altcoins.
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Yes, I use bitcoin. Actually bitcoin is cryptocurrency in this platform.bitcoins are demanding increase in the world. There are many people use bitcoin for there company. So,bitcoin is interesting by altcoins.
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I use Bitcoin for my work to make money.
I am very protective of the value of Bitcoin, I do not have too many stop losses because this is my asset for the long term.
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I don't agree with you that CRPTO enthusiasm tends to be only happy with the increase in bitcoin prices. True crypto fans are always excited about whether bitcoin prices are high or low because they believe in their potential.
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To be honest, I also use our investment in bitcoin because we will also get many benefits by buying cheap prices and we can survive by waiting for higher prices, so we will get more profits.
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Yes, I use bitcoin. I do bitcoin work. Bitcoin is the cryptocurrency. Many people have knowledge of bitcoin. Bitcoin is increasing day by day.
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Yes,you are right. I use bitcoin or any other cryptocurrency for trading and exchanging to earn profit.
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I am Bangladeshi, Bangladesh governments don't permit bitcoin to use so I can't use bitcoin directly. I use dollars instead of bitcoin.
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I have use bitcoin, bitcoincash and ethereum to pay for services severally. Though most buy bitcoin mostly for trading.
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Guys, help me please to choose the crypto wallet elegro (https://elegro.io/wallet) or coinomi (https://www.coinomi.co/en/)… Is there someone who is using this wallets?
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No I don't use bitcoin because I am a Bangladeshi. Bangladeshi governments don't support bitcoin, and Bangladesh bank considering bitcoin as illegal.
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yes, most likely it can happen and you should be able to get ready when the price falls so you are not too surprised.
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Yes I use it but I only use in cryptocurrency space for carrying out transactions or peer to peer transactions .
I have not really used it offline or to purchase goods and services offline because it's not generally accepted as a payment medium.
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No I don't use bitcoin and altcoins directly but first I exchange bitcoin in dollars and next step I exchange dollars with my country fiat currencies.
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Thre is no BTC ATM in our country, so we just trade BTC for profit or invest in potential ICOs. Hope can use it soon to buy a pizza :)
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Bitcoin usage has not actually met its goals in terms of daily usage because its merchants are very limited in most countries. However, i am able to use my Bitcoin for payment of bills, purchase of mobile airtime, and payment of school fees.
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Probably now Bitcoin is less often used to make payment for purchases, not counting Darknet, because there it is still popular. I have not used Bitcoin for shopping on the Internet for a long time, now I only buy it and increase the volume of Bitcoin in my wallet, because I think that such a low price will never be in the future.
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Personally, I only use bitcoin for carrying out transactions on the Cryptocurrency space for now ...this is considering that there are no offline or online store in my country that accept bitcoin as a medium of payment.
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I also do not use Bitcoin in my daily activities, because there are no such places where I could pay for cryptocurrency services in general, I simply don’t have any!
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Bitcoin is more like an investment, it can't really be used for purchases because of the fluctuating price and since the price is down now. Since its liquid and easily converted to cash, that's okay for me.
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No I don't use bitcoin till now because my country's government does not permit bitcoin as direct but many agencies in my country convert bitcoin into dollars.
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Most crypto enthusiasts including me do not spend their cryptocurrencies especially bitcoin. They keep is as an investment to make more profit when the price rises. Cryptocurrency is not easy to spend as most countries do not see it as a legal tender. A few online shops accept them as a means of payment.
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Yes I use bitcoin but only on Cryptocurrency space .
I use it to transact business .
I wish it's generally accepted as a payment medium so I can be using it to purchase goods and services.
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I use Bitcoin for investment, and I rarely use it for trading. I prefer to choose altcoins for trading, especially top altcoins.
Bitcoin is a good coins for long term and also short terms. I think almost of us have become Bitcoin as the target for our main asset.
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First of all, I use bitcoins to make money, and then sometimes I make various purchases, bitcoin is not yet so popular and stable to use it all over the world, so now bitcoin gave me the opportunity to make money. In the future we all will use bitcoins for different payments.
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I just used Bitcoin for trading and that all, maybe because Bitcoin still not approved worldwide so still a little country accepted as a payment
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No mate, I don't use bitcoin at all because my country's government don't allow bitcoin as my country's banking system. Bank and government two both opposite on bitcoin and blockchain.
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yes, I now also use bitcoin to make money. with the way we trade, because now the price of bitcoin is also starting to rise again. so I believe bitcoin is one of the best altcoins to make a profit.
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I only use Bitcoin for investment and trading. I don't try to use it as the payment tools because in my country it doesn't allow. Maybe in the future, I will use it as the payment tools when it is already legalized.
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yes, now I also still use bitcoin to trade every day, because for us bitcoin can also help our economy every day is also a good way to make money, because bitcoin is also very promising in the future.
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Yes, I actually use bitcoin to buy many things nowadays such as:
1. Books
2. Softwares
3. Computer
4. Smartphones
5. Laptop Bag
6. Shoes
7. Watch
8. Drone
9. VPN
10. Donations
Pretty much anything these days using Purse.io
By the way, I get a 15% discount for buying with bitcoins.
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currently I use the most important bitcoin that I use to trade in the near future.
because currently the price of Bitcoin is also experiencing a pretty good price. so I think we will also get a lot of bitcoin faster
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In long-term trading and investment I use bitcoin. This is the main choice. But I still can't use it as a payment tool. Because bitcoin is still not officially legal.
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Commonly, the use of Bitcoin is only for investment. If you mean that the use of Bitcoin is for the transaction, so far, I myself don't do it. Moreover for the payment. I think that it is very rare and not being used, especially in my country. Because it is not legalized yet for transaction or payment method.
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yes, I've also been using Bitcoin for a long time, for me to use trading on the altcoin market, for me it's also good for us to make a profit by waiting for market prices to increase, so I also really like the existence of bitcoin now.
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I'm a trader so I've just use Bitcoin as my investment method only, for use Bitcoin in realistic, I've never use it for any payment, hope that in the near future when crypto develop more, I can use Bitcoin for payment international
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i actuelly use bitcoin to trade others altcoin and exchange or buy some altcoin to hold it, i think in the future i will store some bitcoin to hold because i think bitcoin now really strongly and they will have pumped in this year
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yes, I've also been using Bitcoin for a long time, for me to use trading on the altcoin market, for me it's also good for us to make a profit by waiting for market prices to increase, so I also really like the existence of bitcoin now.
I use it only like investment. I do not trade it even. naturally, I am not ready to buy any stuff for this cryptocurrency. Better use ETH or some other altcoins
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Of course ;D
Bitcoin is a great store of value and is my best investment vehicle.
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it's true with everything you say that most people only buy and hold it and sell it when prices rise higher.
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of course I also use crypto currency until now, because I myself also believe that krypto will also provide many benefits in the future, because now the price of crypto is also increasing.
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I can only trade in the crypto market with Bitcoin and Altcoin that I have, much I want to do with the coins I have, but the rules in my country make me only able to invest and from there, I still keep crypto assets for the long term.Maybe now I can hold this coin but if one day the price goes up, I will sell it
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I bought something for BTC three times in my life
But soon it can be much more, crypto conquer the paymentworld
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The areas in wish I use Bitcoin is shopping in the and paying for hospital bills,and in some investment platform that make request of Bitcoin.
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I thought so and really understood that I personally do not use Bitcoin, only for profit. Because in our city almost no one knows what bitcoin is, and even more so to shop with it.
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Though most buy bitcoin mostly for trading.
Yes, most people buy Bitcoin for investment and trading. We can call it for digital assets, they trade and hold the Bitcoin to raise the value. I think it is still hard to make it as digital currency since I rarely hear people use it for payment as a digital currency.
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I use to invest in some sites and exchange for money
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Yes I use bitcoin for payment with my friends or anyone that accepts bitcoin when transacting because we have a wallet built to use for our country, I mostly use bitcoin for buying airtime balance
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I don't use Bitcoin for payments (I use ether and Ltc instead because they are faster and cheaper), but I do keep BTC for holding value, like a gold.
I don't think anyone will use bitcoin for payments, remember the pizza story lol.
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It has not yet been possible to use BTC as a payment for any services or purchases. I think this is a matter of time. As long as a business or a company does not risk accepting payment in cryptos because they are afraid of losing money. But sometimes in some online stores there are ads where they take crypto as a payment
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yes, so far I also continue to use bitcoin, because bitcoin for me is also good for us to use every day for a good way to profit, because now the price of bitcoin has also increased faster in the past few months.
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I can only trade in the crypto market with Bitcoin and Altcoin that I have, much I want to do with the coins I have, but the rules in my country make me only able to invest and from there, I still keep crypto assets for the long term.Maybe now I can hold this coin but if one day the price goes up, I will sell it
I use it for trading only, but I do not use Bitcoin to buy things. Honestly, even if I could have this possibilityto do it, the choice would be the same. Bitcoin also nice just for holding! Look it almost 10000!
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yes I now really use bitcoin for my trading on the market, because I myself also believe that investment in bitcoin is also a positive investment and there are also many benefits, because now the price of bitcoin has also begun to increase. because the price of bitcoin every time the price also changes better.
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I don't use Bitcoin for payments (I use ether and Ltc instead because they are faster and cheaper), but I do keep BTC for holding value, like a gold.
I don't think anyone will use bitcoin for payments, remember the pizza story lol.
I lost that moment, but if we know the price of bitcoin will be what it is today, then there will be many people who hold Bitcoin at that time and get rich in an instant after seeing current bitcoin prices.
now I only use bitcoin to trade and just like other investors who use BTC to buy new altcoins
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No brother I don't use bitcoin anymore because I am Bangladeshi.. My countries governments and banking systems don't allow bitcoin as their trading and finance sector. So I don't use bitcoin at all.
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for me bitcoin is also a good thing for me to use now, because for me bitcoin is also a good thing and also we can get profits, and also now bitcoin is also very popular, so I also like to use bitcoin until now
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For real transaction in my country? Not yet, it is still forbidden to use cryptocurrency including Bitcoin for any transaction. So far, I don't find the merchants that accept BTC for the payment method in my country. That is why I still use it for only in the crypto world.
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Yes by buying load weekly and paying some necessary bills such electricity. I also hold some of it because bitcoin is one of my favorite coin which I believed to get a huge value soon. And I'm really curious about your statement on how to used bitcoin to its full capacity. Can you give me example? with regards of that.
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Isn't cashing out one's investment also a form of usage?
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I have been using bitcoin for a long time. and I use bitcoin in 2014 until now, and I will also continue to use it in trade, for me it can also help my family's life
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yes I also use bitcoin, because for me bitcoin is also a good thing and can also benefit from us who are patiently waiting for higher prices, because I believe the price of bitcoin also tends to increase this year
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yes I also use bitcoin, because for me bitcoin is also a good thing and can also benefit from us who are patiently waiting for higher prices, because I believe the price of bitcoin also tends to increase this year
So, in what way you use the Bitcoin? I don't see you mention it on your comment. We know that there are many benefits of Bitcoin but commonly people use it for investment only. Yeah, it is the same as me, I use it for investment and trading in crypto space.
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I use Bitcoin only for investment and coin trading. I use Bitcoin to look for maximum profits, after I get a lot of coins I exchange my coins for banknotes here to buy items for my family. Because indeed here, the use of Bitcoin for direct transactions is still banned by the Government.
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it's true and I also strongly believe that most people don't use bitcoin, and most of them use bitcoin as a long-term investment tool or in cryptocurrency trading.
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most of them use bitcoin as a long-term investment tool or in cryptocurrency trading.
Yeah, commonly people use Bitcoin for investment [both for short and long term assets] and trading. I can understand why many people just focus on these sectors yet still many countries in the world don't accept Bitcoin as a digital currency using for payments tool.
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for me, bitcoin is the breath of making transactions. it can be faster and easier and more profitable. especially in making large transactions. so I really like to do everything with bitcoin.
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I use other cryptocurrencies to make payments, and I like Bitcoin for making large payments and purchases or for storage and accumulation. Perhaps Bakkt will change its attitude towards Bitcoin and it will gain wider distribution and popularity.
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Yes,you are right. I use bitcoin or any other cryptocurrency for trading and exchanging to earn profit. These are only my assets. Because bitcoin or any other cryptocurrency are illegal of my country. So i can not use them for many purposes. I hope in future government will accepts bitcoin or any other cryptocurrency.
yes I also agree with your opinion, because I myself am also happy to invest in crypto trading, because for me it is also good to get profit by waiting for the growth of market prices to rise
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yes I also really use bitcoin for me to generate my main income, because bitcoin is also a good asset to get a lot of income, because the price of bitcoin also grows every year
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Even if if its not our language Im french, I think it would be better for everyone to use english in this forum to improve the use of this wonderful new aircraft.
Do you agree ?
Franois bougnat
. (https://prom-electric.ru/)
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yes you are right not many people use bitcoin for trading. some people use bitcoin as a long term investment purpose or for holding.
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TOKENAI: The Digital Currency Contract Trading Site
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I only paid once with Bitcoin. Actually I am trying to accumulate it by two ways: 1. buy it directly at the exchanges 2. when I pay something in my national currency, for example I pay 3.50 , the 50cent to 4 are automaticcaly changed to BTC.