Use cases. What do you actually use Bitcoin for? - page 21.

coinplus

legendary

Activity: 1386

Merit: 1058

Quote from: mearylll on October 01, 2015, 09:44:33 AM

Quote from: danherbias07 on October 01, 2015, 07:10:24 AM

I started just hearing about bitcoin and saw that 1 bitcoin is really a big deal.

Now I want this to be for my savings and maybe more. I see some for investing, I really need to read more to know about that investing.

It is a saving and also an investment when it comes to future so it is better that we keep our bitcoins safe in a cold storage and wait for the future, so basically at present I only use bitcoins to convert it to fiat when I am need of money, rest I have kept safe for the future.

That's the great idea. Because bitcoin not in using phase. It's still in saving phase. When the prices hit an unimaginable price or more than 90% all time bitcoins are mined off, then the time is coming for spending bitcoin. At that time everything would be available for bitcoin. We do not need to convert into fiat at that time.

mearylll

sr. member

Activity: 315

Merit: 250

Quote from: danherbias07 on October 01, 2015, 07:10:24 AM

I started just hearing about bitcoin and saw that 1 bitcoin is really a big deal.

Now I want this to be for my savings and maybe more. I see some for investing, I really need to read more to know about that investing.

It is a saving and also an investment when it comes to future so it is better that we keep our bitcoins safe in a cold storage and wait for the future, so basically at present I only use bitcoins to convert it to fiat when I am need of money, rest I have kept safe for the future.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

I started just hearing about bitcoin and saw that 1 bitcoin is really a big deal.

Now I want this to be for my savings and maybe more. I see some for investing, I really need to read more to know about that investing.

scott btc

sr. member

Activity: 356

Merit: 250

At this moment Speculation/Investment/Saving

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

I use Bitcoin mostly for online goods such as physical crypto coins, gold bars and miners. The fact is that Bitcoin makes it a very useful form of payment, considering the fact there there are very little fees compared to Paypal and other payment processors. Another good thing is that I could be able to buy stuff from the Deep Web nice and easy. Cheesy

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

buying stuff with it. i just bought some hardware for 120 USD in BTC Cool

gripflierGO

hero member

Activity: 533

Merit: 500

Quote from: futurebit640 on September 29, 2015, 12:20:17 AM

Quote from: kpitti on September 15, 2015, 03:24:48 AM

I am currently using Bitcoins for gambling (Sports betting) and for Money transfer, where I found biggest advantage.

I like your purposes and I too mostly use bitcoins for sports betting and investing purpose. I usually buy at what ever price I think good to buy and then sell at when I make some profits from them and also use it for some time betting on sports but not very active in betting.

Same here, I use it mainly for sports betting and online transfers and the best thing about the bitcoins is that you can gamble even with a minimal amount that no other currency allows you, I don't bet on daily basis but when I think that I can make some profit out of it, I bet. Though I am in profit right now but will make sure that make some good profits in future too Grin

Jesu

full member

Activity: 166

Merit: 100

Currently as a speculative investment so don't spend them and spend my time trying to collect more. I think bitcoin could become a worldwide currency at some point in the future and I then I would like to spend them aroiund the world rather than exchanging cash for local fiat.

richkellj

hero member

Activity: 756

Merit: 500

I run a Get paid To web site. For that, to pay my users I'm going to use bitcoins. Because there will not be any problems most of the admin face like paypal account freeze kind of problems.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

I hold some, I use some to buy altcoins with potential.
Yeah, I seem to be a greedy "investor", though, since the amounts are tiny.. let's say I just try to get to an amount that counts.
As somebody said "one can be named bitcoiner only after it owns at least one full bitcoin". I am working my way in that direction.

neoneros

sr. member

Activity: 462

Merit: 250

I can draw your avatar!

Quote from: NoRespect on September 29, 2015, 03:41:36 AM

Quote from: ?? on ??

I strongly believe this is not right time to use bitcoin. It's time to get bitcoins. Get it either mining or buying it. May be I can answer to OP after 5 years like I will use bitcoin for my living.

bitcoin was looking for it to be a fun thing, then you might be able to live with bitcoin and make life more beautiful, maybe you can start by playing games that generate bitcoin Wink

But I just found an online whisky shop in my country that accepts bitcoin!! So I am afraid all of my coins will be gone pretty soon if I do not get some new ones...

I think it should be a fair middle road of spending and hodling, spend to enjoy the benefits of the blockchain and hodl a part for you never know when or what the coin will do, if it shoots to the moon, more whisky for me, if it drops dead, I have spent some of my earnings and can sip away and enjoy some of it for a while, for me, that is a win-win situation.

NoRespect

full member

Activity: 196

Merit: 100

Quote from: ?? on ??

I strongly believe this is not right time to use bitcoin. It's time to get bitcoins. Get it either mining or buying it. May be I can answer to OP after 5 years like I will use bitcoin for my living.

bitcoin was looking for it to be a fun thing, then you might be able to live with bitcoin and make life more beautiful, maybe you can start by playing games that generate bitcoin Wink

futurebit640

hero member

Activity: 910

Merit: 1000

Quote from: kpitti on September 15, 2015, 03:24:48 AM

I am currently using Bitcoins for gambling (Sports betting) and for Money transfer, where I found biggest advantage.

I like your purposes and I too mostly use bitcoins for sports betting and investing purpose. I usually buy at what ever price I think good to buy and then sell at when I make some profits from them and also use it for some time betting on sports but not very active in betting.

miragecash

full member

Activity: 168

Merit: 100

Depends. If you live in San Francisco, Vancouver, Arnhem, St. Petersburg FL, or Amsterdam, there's actually a decent number of places you could spend your bitcoins. Otherwise, you're probably gonna hold on to dem coins for some time to come.

Quote from: oblivi on September 20, 2015, 06:31:54 PM

The thing is there isn't much you can do with Bitcoin right now unless some special use cases where you may benefit from the fact Bitcoin doesn't carea bout local politics on money. So right now I am going to use it as an alternative to gold, just another asset with very special features, and i'll hold until 2 or 3 years were things will be way more mature than they are now.

oblivi

hero member

Activity: 700

Merit: 501

The thing is there isn't much you can do with Bitcoin right now unless some special use cases where you may benefit from the fact Bitcoin doesn't carea bout local politics on money. So right now I am going to use it as an alternative to gold, just another asset with very special features, and i'll hold until 2 or 3 years were things will be way more mature than they are now.

bobc1994

sr. member

Activity: 269

Merit: 250

currently for Investment/Saving and sometimes for online shopping

bitcoinboy12

sr. member

Activity: 518

Merit: 254

★YoBit.Net★ 350+ Coins Exchange & Dice

I just use my bitcoin to invest and buy digital goods such as high potencial account......

Shibashi Dogemoto

hero member

Activity: 840

Merit: 1000

i usually use bitcoin for some investments online but at some point.
i also use it to buy digital stuffs like accounts and in game items.

wearehatetherules

full member

Activity: 195

Merit: 100

★YoBit.Net★ 200+ Coins Exchange & Dice

Mostly for crypto trading and buying digital items.

gripflierGO

hero member

Activity: 533

Merit: 500

Quote from: MUFC on September 15, 2015, 08:36:27 AM

Quote from: Elwar on September 15, 2015, 04:44:34 AM

Quote from: $pliff on September 15, 2015, 03:43:12 AM

I haven't really used bitcoin yet but I hope to in the future and that's why I want to get more. I think bitcoin could be valuable in the near future but will take some time to grow.

You don't have enough bitcoins to spend?

Do you ever spend any money?

What's the difference?

He didn't say whether he did or didn't have coins but most people would rather just spend cash as they seem to be holding bitcoin for gains in the future and I don't blame them. Would be advisable to hold them for a bit especially seeing as the value is so low right now.

Right, that is the good thing to do, holding bitcoins and keeping it safe for the future is the promising thing to do, as you said the value of bitcoin is comparatively low at a moment, holding it for future would serve the purpose, and if one can buy more bitcoins at present than it would be profitable in future as the prices would surely reach to a new level, that what we all hope and we wish.

Topic: Use cases. What do you actually use Bitcoin for? - page 21. (Read 33483 times)