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Topic: How do you use bitcoin? (Read 1435 times)

legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
January 01, 2019, 10:51:27 AM
1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  

I use it both as a medium of exchange, and as a means to make some money mining. It might not be much, but is a means of surviving the worst inflation my country has ever had.

I do think its a revolutionary idea, that will put an end to traditional banking. Sooner or later more people will "get it", but it is a long transition phase. I got really curious around 2013 when the crisis here started to get worse and I was looking for extra income. Unfortunately when I first heard of it around 2010 I didn't gave it the attention it deserved. But now that things got really bad, it is very hard to accumulate enough to do any investment. Most of it is spent in food and service bills.

I'm even looking for jobs online that pay with bitcoin because moving fiat money is nearly impossible without getting ripped off or scammed. Tho few people accept bitcoin here (mostly due to ignorance) it is possible to exchange small amounts for the week to buy food and pay things. We cannot exchange "large" amounts, because our fiat loses half its value tomorrow (and everyday gets worse). The "whales" (mostly people living abroad) that do, are buying back or spending it quickly (ie. trading).
sr. member
Activity: 798
Merit: 268
January 01, 2019, 09:59:07 AM
Currently I dont have a job, that is why I use bitcoin to earn money, to buy what I need, to survive in the real world and to build my own future in my own journey to a rich man someday.
This can be a good source of money but its hard to depend on it. You can use it to support for your needs, but not in long term. I’m using cryptocurrency as medium of exchange where I can use to pay for my bills and to make transfer abroad. Bitcoin is a good investment, people usually hold it for long term.
full member
Activity: 1442
Merit: 108
January 01, 2019, 09:48:53 AM
Currently I dont have a job, that is why I use bitcoin to earn money, to buy what I need, to survive in the real world and to build my own future in my own journey to a rich man someday.

This is the story of a lot of users on bitcointalk in my opinion. Many users here are active in order to make decent crypto through different campaigns.  The rewards given in some campaigns might be more than the average pay in some of the countries users are from.
member
Activity: 139
Merit: 13
January 01, 2019, 08:30:43 AM
So far like many other I use bitcoin as a investment asset but there were some occasions that I have used it as a means of payment but due to lack of payment  options and in online sites it is not done very often but in the future this situation will definitely change due to high rate of bitcoin into business adoption and if I answer why did I get into bitcoin well due to its popularity and demand I thought it is a good option to make quick money and I still believe that even many leave the market with empty hand
jr. member
Activity: 350
Merit: 2
January 01, 2019, 07:59:25 AM
1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  


I use bitcoin to invest because bitcoin is a work and have a investing here so that we should work here in use to a right way.
member
Activity: 434
Merit: 10
January 01, 2019, 06:53:36 AM
Currently I dont have a job, that is why I use bitcoin to earn money, to buy what I need, to survive in the real world and to build my own future in my own journey to a rich man someday.
jr. member
Activity: 182
Merit: 2
January 01, 2019, 05:27:17 AM
Mostly, my main use of Bitcoin has been as means of exchange, I often use it for trading as well. But, then my main reason for adopting bitcoin and joining cryptocurrency was financially motivated.
legendary
Activity: 1596
Merit: 1011
December 31, 2018, 09:06:55 PM
I used bitcoin to promote and to inspire others in order to obtained a good life in future.
Many people become successful from this and we should take them as a model to become successful person someday.

we should invite friends to change their fate with bitcoin. because bitcoin is very beneficial for us in the future. so we really have to support it so that everything goes well as before.
There are many opportunities that we can get in the world of digital currency. some people even get financial improvement when they start some jobs in the digital currency world, some even get rich. many people are still in school at university, but they can earn a large income and some even buy a car from their work in the world Digital currency. This opportunity is very open and I want to use Bitcoin to facilitate my life as well as I try to find opportunities to get various financial benefits.
member
Activity: 490
Merit: 10
December 31, 2018, 06:15:17 PM
1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  


I live thanks to cryptocurrency for more than a year, do not work for the state and do not complain. Earn bounty and engaged in trading on the stock exchanges.
member
Activity: 1204
Merit: 38
December 31, 2018, 03:33:17 PM
i use to buy the coins to just hold it .....
the idea of bitcoin came to me by my brother ..he told about this and i came to know by reading about the coin and its history... and i thought of investing on bitcoin and did it ..

The today movement the only thing that can I do is storing my Bitcoin India safest place otherwise there is no idea in me because the value and the development of with kind was pretty much low when comparing to the previous year but it is not stable for long time I know we can do something with my future with Bitcoin
member
Activity: 264
Merit: 11
December 31, 2018, 01:45:10 PM
1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  



You said it all !! the reason why satoshi created bitcoin is not about getting rich scheme as many people sees it now !! bitcoin was created to stands as medium exchange . just that  people making more money from bitcoin but is not the mean reason .. i used bitcoin for payment  just to avoid  high transaction fees !!!!!
sr. member
Activity: 630
Merit: 251
December 30, 2018, 04:29:16 PM
1. Speculative/trading/buying coins hoping to get rich.

2. As a medium of exchange, currency to buy stuff just like you would for money.

3. As a means in itself to make money, i.e mining.

Also why did you get into bitcoin?  

1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.  



Mainly for trading but i’ve tried to use it in exchange and remittance to pay services in my local country as well as for payment for a product. It’s very convenient imo when you get the hang of it. Hope others will see it
jr. member
Activity: 182
Merit: 1
December 30, 2018, 01:43:51 PM
I use bitcoin to trade and buy altcoins also for storage, which brings revenue from growth. If there is a good ICO project, I can invest part of the money. Periodically make transactions.
newbie
Activity: 42
Merit: 0
December 30, 2018, 01:35:38 PM
   Usually I'm using bitcoin when I'm going to trading mostly I was paired is bitcoin no other else. Right now I will searching a good project to invest in ico's particularly , added to invest for my future while having a campaign for ico project.
hero member
Activity: 1078
Merit: 501
December 30, 2018, 01:15:29 PM
I think that the best way to use btc now is to invest in some projects and to hold it for the long-term
I like the 2nd idea that keep on holding because this is the only way that can be good. There are allot of ways to use bitcoin but I think we should use it in best way. Investing your bitcoin in some projects can be risky so better to hold, it will increase the price and make profit for you. If you want you can use bitcoin in your daily life needs but I prefer holding only.
full member
Activity: 524
Merit: 100
io.ezystayz.com
December 30, 2018, 12:18:51 PM
I really use bitcoin as a investment method, because i see that bitcoin have a great future, i buy alot know to secure my future because i know that these bitcoin i hold is help me to fullfil my dreams and goals in life bitcion will help me to become rich someday.
full member
Activity: 217
Merit: 100
December 30, 2018, 11:50:15 AM
I traded bitcoin on the binance floor for the purpose of making a profit from it. Buying at a reasonable price and selling with a profit of 1% but I still can't sell the bitcoin I hold because the market is not good.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
December 30, 2018, 11:39:10 AM
Iuse BTC as a currency online to trade on website that accept the use of Bitcoin also I also Trade with BTC on the exchange platform or used as a mean of ICO investment, I still find it difficult thou to use it in purschasing Item online as there are few e-commerce site that accept it, the future is sure positive as  the number increase base on its value.
full member
Activity: 798
Merit: 121
December 30, 2018, 11:28:06 AM
now .. i am just earning , i didnt withdraw it yet.. it is better to deposit it first and let earn more .. so that when i will withdraw it later on .. it is more bigger so that i can buy the things and food that my family needed
That's good to help your family's need and you are so responsible cause you know what to do in your income. You didn't withdraw cause you want to earn more cause you want to help your family's to become better and financially stable.
full member
Activity: 700
Merit: 117
December 30, 2018, 11:22:02 AM
I use bitcoin only for investment way, always buy and invest when bitcoin really at lower price and sell after price is growing up, just wait when best moment to buy and sell bitcoin.
The purpose of its creation is not just for investment for a value of money instead.  Bitcoin is accepted in our country as a mode of payment and I used it instead of using our local currency, though not all companies accepting on it but we're on that way.  It's a big help for me and I feel easy using this stuff,  it's hastle's free.
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