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Topic: Use cases. What do you actually use Bitcoin for? - page 3. (Read 33483 times)

member
Activity: 395
Merit: 10
At this point in time, bitcoin for me is a very good investment and earnings. I do not have the opportunity to use it as a currency.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
I usually hold my bitcoin and altcoins for about a couple of months before I sell it on my target price. I usually use it to pay my house bills like internet, elecricity and water bill. And sometimes I use it to buy things online.

Same. I use Bitcoin mostly for purchases online, and hodl the rest for quite a long time. Bitcoin is a great tool not only for online payments but also serves as a store of value. I'm hoping that Bitcoin becomes accepted at most local stores within my region to buy anything with it instead of cash. Since Bitcoin eliminates the middleman, and there's no ID required for using it, it's my number one crypto of choice for online stores which accept it. However, with the increasing fees and slow transaction throughput, it's getting harder to use Bitcoin for online purchases each day.

As such, Bitcoin Cash is turning to be more useful than Bitcoin for this purpose, and I believe that more merchants will begin to accept it as time passes by. Among the many things that I wish to use Bitcoin or Bitcoin Cash for, is to pay my cellphone bills with it, use it at a vending machine, and even buy movie tickets with it. Of course, the level of adoption that Bitcoin or any other cryptocurrency has in the mainstream world is low, but I believe that as the ecosystem becomes improved, we'll be able to see major retailers accept Bitcoin and/or other cryptocurrencies as a form of payment. From groceries stores to postage, Bitcoin would be used for nearly anything you could think of. ^_^
full member
Activity: 310
Merit: 114
Bitcoin has many option to use,due to its benefits that can help to everybody.I use bitcoin by investing and savings for the future of our family,I take so many risk but still I am continue to love bitcoin by using it in my every day life.
I usually hold my bitcoin and altcoins for about a couple of months before I sell it on my target price. I usually use it to pay my house bills like internet, elecricity and water bill. And sometimes I use it to buy things online.
full member
Activity: 322
Merit: 107
Bitcoin has many option to use,due to its benefits that can help to everybody.I use bitcoin by investing and savings for the future of our family,I take so many risk but still I am continue to love bitcoin by using it in my every day life.
sr. member
Activity: 560
Merit: 260
I have my tenants of my rental property pay me via bitcoins and ethereum.     
member
Activity: 350
Merit: 10
I used bitcoin for trading and gambling, because in gambling it's easy to stake using bitcoin and it's return high to you and usually change bitcoin into fiat before I use the  bitcoin and trading it can invest our coins to have a highest profit. Bitcoin is really useful and helps me a lot to my need to daily, It gave me a opportunity to do all I wants using my money through bitcoin.
member
Activity: 177
Merit: 11
Storing my money as my personal savings bank and see it as my digital assets, Sending money to my brother and buying and purchasing items in the internet sometimes I use it to pay my bills like electricity, internet and water.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
I use it for gambling and trading

I have heard that using Bitcoin for gambling can bring good income but I never tried to do it. I  use BTC coins only for trading - it brings a lot of profit.

It can make you rich like any other virtual or real currency but it can also make you homeless in just 1 second if you are addicted to it and lost all your money.
full member
Activity: 336
Merit: 100
I use it for gambling and trading

I have heard that using Bitcoin for gambling can bring good income but I never tried to do it. I  use BTC coins only for trading - it brings a lot of profit.
member
Activity: 168
Merit: 10
I use Bitcoins for donations, micropayments and for online shopping (digital goods).
Interesting that only 2.5% use Bitcoins for dark web shopping. I thought that this would be higher.
full member
Activity: 266
Merit: 100
That is why I went to Bitcoin, I used Bitcoin specifically to buy all the products online. We use Bitcoin to send money to any corner of the world. Above all, invest in the future so that we can benefit later.
jr. member
Activity: 211
Merit: 1
I use some of my Bitcoin for longterm investment. I believe that in the future, paper money won't be very useful. That's my own thought. Altcoins will never be a bubble. Once they exist, it will stay. And I use some for daily profit. I work full time as a crypto trader. This is the reason why I am still having my stomach full.
full member
Activity: 238
Merit: 100
at the moment I use bitcoin only as a means of investing in another crypto currency. And of course, I expect the growth of this currency, with the aim of further small enrichment
full member
Activity: 238
Merit: 100
Do you use Bitcoin at least once a month? What do you actually use it for? Why? Is it better, cheaper, faster, more convenient than alternatives? Is it the only option?

If those 120.000+ daily transactions are actually real, there must be thousands of Bitcoin users active every day. What are we actually using Bitcoin for? Are we just true believers or are there real reasons to use Bitcoin instead of other available options?


I figure it's about time that we have a clearer picture of actual Bitcoin use cases. Sure, in a year or two the picture will probably change completely, but it's useful info right now for anyone interested in growing our community.

Please answer in as much detail as possible!
The totality of Bitcoin usage in my life was a total of being used to be save for the future since I better know that it will be so much beneficial if I will keep on holding and saving my Bitcoins for good so that I can used up a larger value in hand when the time I needed to spend for those who I really need it the most. But is does not being just limited into saving because I am also into using it to buy online products but just a minimal amount and that only happens when I seek for on sale products that offer lower price discounts to make it affordable for me.
full member
Activity: 560
Merit: 102
I treat bitcoin as bank deposit and account in one service. I am holing some amount with hope that we will see some price rise or bubble in the near future.
And in the meantime I am using a fracture of my coins as payment method for my online shopping sprees.
I think bitcoin could be nicer than a bank. if you keep money in the bank you will be exposed to administrative costs each month, and it makes your money is declining different if you save money in bitcoin.
apart as you are not exposed to administrative costs. You can also make an investment by putting money in bitcoin
Its decentralized nature becomes its advantages. Gives a lot of freedom to its users to manage assets that are owned to the maximum without any middlemen. Moreover, the value tends to increase along with changes in demand and supply provide a lot of profit.
hero member
Activity: 658
Merit: 505
I often use bitcoin for everyday needs, like paying for bills and in stores. Thus for me bitcoin has realy practical use and helps me a lot.
Sometimes when I can I try to save some coins, it's good to have some asset for the future. In my opinion those who say that bitcoin has no use in real life or think it's limited are completely wrong.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
I see bitcoin as money and as an asset. Therefore, I use it as a means saving, investing, online shopping and payment for goods and services.

newbie
Activity: 29
Merit: 0
Bitcoin is convenient to use  to pay for various services, such as online services, freelancers work and others. High degree of anonymity and independence from conditions dictated by someone are of great importance.
member
Activity: 112
Merit: 17
Practically speaking I am earning bitcoin for the need of savings. Bitcoin is pioneer in the Crypto Currency world and having an enormous value for the future. So I am just gathering the BTC now and I have no intention to sell it anytime soon. Also, there is whole lot of knowledge to be gathered along with making money. Thing knowledge will be cultivable in moments of crisis in Bitcoin.
hero member
Activity: 672
Merit: 500
I treat bitcoin as bank deposit and account in one service. I am holing some amount with hope that we will see some price rise or bubble in the near future.
And in the meantime I am using a fracture of my coins as payment method for my online shopping sprees.
I think bitcoin could be nicer than a bank. if you keep money in the bank you will be exposed to administrative costs each month, and it makes your money is declining different if you save money in bitcoin.
apart as you are not exposed to administrative costs. You can also make an investment by putting money in bitcoin


I agree too with this post. You can use your money to gamble, trade, invest anytime you want as long as you have money on your bitcoin wallet address.

Bitcoin is very useful at all. It can be bet, investment, or any else. Even buy something in online stores like him does.
But I am usually change my bitcoin into my fiat before I use it for my bills. Bitcoin was help me so much.
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