Everyone still using BTC? And what on?

turvarya

hero member

Activity: 714

Merit: 500

Quote from: Q7 on December 04, 2014, 09:13:13 AM

Maybe one day somebody would set up a new video sharing site where there won't be so much restrictions and they have an advertising program that really pays in btc. Whether it is by pay-per-view or by active click, that would be awesome

oh yeah and also an affiliate program

Do you mean this? Wink

http://www.watchmybit.com/

The future is now (in beta)

Q7

sr. member

Activity: 448

Merit: 250

Maybe one day somebody would set up a new video sharing site where there won't be so much restrictions and they have an advertising program that really pays in btc. Whether it is by pay-per-view or by active click, that would be awesome

oh yeah and also an affiliate program

fryarminer

hero member

Activity: 686

Merit: 500

OP, you have a valid question.
I personally have no doubt about the future of bitcoin and all my money is in bitcoin. So dont get me wrong. However talking to people over Thanksgiving, I got a lot of: "Oh, is that still around?" "I thought that was a fad and had tanked." "Is anyone using bitcoin anymore?"

There has been a lot of adoption by companies. I think what we need to work on is making it super easy for people to buy bitcoin. Like super easy. Easier than Circle.

Wintermute

full member

Activity: 178

Merit: 100

Paying an employee in another country with Bitcoin. And I am buying hardware from time to time.

And it seems I am not the only one, who uses Bitcoin. The numbers look good:

https://blockchain.info/charts/n-transactions-excluding-popular?timespan=2year&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=

I was also surprised to see that localbitcoin volume is increasing over time, despite the price drop:

http://bitcoincharts.com/charts/localbtcUSD#m1g10zm2g25zvzcv

So it seems people do have use cases for Bitcoin and it gets even bigger day by day. Taking into account the network effect and the investments into the infrastructure I am very optimistic that Bitcoin is on a good track.

Notanon

sr. member

Activity: 388

Merit: 250

Yeah, got some parked in Havelock Investments in a fund, so just letting that accumulate in the background quietly, as I was haemorrhaging BTC with the GH amounts I had on cex.io (was almost halving nearly every fortnight!). Also considering a blog that will accept BTC along with a few others like LTC and PPC, though not sure if that will get off the ground yet.

Daniel91

legendary

Activity: 3374

Merit: 1824

I earning some bitcoin through signature campaigns on this forum, and when I collect enough I cash out and spend

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: turvarya on December 04, 2014, 03:14:40 AM

Quote from: Elwar on December 03, 2014, 01:26:33 PM

I live in Germany working for a US company so...

USD -> Bitcoin -> Euro

A lot cheaper than USD -> Euro through the bank.

Could you describe your process and how much fees you pay in the end?
I was wondering about that for a while, even started a thread about it, but didn't get concrete answers, I would really be interested in some numbers.

USD -> Bitcoin
currently using CoinBase, 1% fee

Bitcoin -> Euro
I use localbitcoins, they charge a 1% fee. I charge 10% above the spot price.

End result: 8% profit via Bitcoin as opposed to around a 5% fee via the bank. A 13% difference. (With a salary over $100k, that is significant)

Fernandez

legendary

Activity: 1008

Merit: 1000

Bitcoin itself is not ideally suited for micro payments like on youtube. These are the sort of segments which alt coins can target, if they are smart and not try just to pump and dump.

turvarya

hero member

Activity: 714

Merit: 500

Quote from: Elwar on December 03, 2014, 01:26:33 PM

I live in Germany working for a US company so...

USD -> Bitcoin -> Euro

A lot cheaper than USD -> Euro through the bank.

Could you describe your process and how much fees you pay in the end?
I was wondering about that for a while, even started a thread about it, but didn't get concrete answers, I would really be interested in some numbers.

HeroCat

hero member

Activity: 658

Merit: 500

BTC is more and more popular in virtual world. A lot of sites are starting to use BTC, and also BTC is expanding in many countries as well - so it is going international too. So you can think by yourself - what is BTC and how it is spreading the world.

Bubbsandbubbs3

sr. member

Activity: 267

Merit: 252

Squirtle squirt.

I use it because I believe in he value of Bitcoin and the Satoshi I get from faucets and the Doge I get will one day be worth something greater

Ron~Popeil

sr. member

Activity: 406

Merit: 250

I use it a lot at gyft, especially now that Christmas is around the corner.

MoneyShot2

member

Activity: 119

Merit: 10

i use it on localbitcoins to have people deposit from a local bank when sending money abroad. it's very useful for this purpose as it's cheaper and gets around the crappiness of third worl country banks.

rz20

legendary

Activity: 1330

Merit: 1001

I spend it on gambling and humble bundles.

bitcoinmining

sr. member

Activity: 381

Merit: 250

I wanna try Purse.io to use my Bitcoins for buying new iPhone 6 %15-20 cheaper than normal price Cool

Magicman420

sr. member

Activity: 309

Merit: 250

Quote from: Elwar on December 03, 2014, 01:26:33 PM

I live in Germany working for a US company so...

USD -> Bitcoin -> Euro

A lot cheaper than USD -> Euro through the bank.

Good point never thought of that !!

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

I live in Germany working for a US company so...

USD -> Bitcoin -> Euro

A lot cheaper than USD -> Euro through the bank.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

one company I have an interest in is using Bitcoin for remittance payments.

ikydesu

hero member

Activity: 686

Merit: 500

fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!

Fast transactions, low fee, and not complicated.
although i exchange to fiat first for buy something Tongue

because in my town not available store with bitcoin payment.

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

The benefit is the low fee , look at this transaction :

Quote from: mullvads on December 03, 2014, 12:17:36 PM

https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3

Topic: Everyone still using BTC? And what on? (Read 1558 times)