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Topic: Use cases. What do you actually use Bitcoin for? - page 5. (Read 33483 times)

jr. member
Activity: 37
Merit: 1
I use bitcoin for:

(1) Remittances

When I need to move currency quickly between borders, I usually get it shipped across borders faster by selling bitcoins in the target country & converting it to cash, and simultaneously buying bitcoins in the source country with cash.

(2) Investments (Real-world)

I use bitcoin for investments in real world businesses:
(i) Easier to move bitcoin and convert it into fiat as cash to invest (see above)
(ii) Alternatively, I invest bitcoin - and keep it denominated in bitcoin - and have it invested in real world investments.

The best example of (2)(ii) that I have come across is Keza, which facilitates global index investing (e.g. the S&P 500).  Everything is kept in bitcoin - and my investment is indexed globally to actual real-world stocks (e.g. the S&P500).  It's almost like my preferred bitcoin wallet.

http://themerkle.com/bitcoin-investment-startup-keza-unveils-ios-beta-app/

https://www.producthunt.com/tech/keza

http://getkeza.com/ (It's free to apply for a Keza account)
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I use my bitcoins as a mixture of gambling and trading. I probably never used any of the options. Theses 2 things are probably the ones I most use excluding investing which I always do.
I am also using my bitcoins for gambling as well as for some porn downloading. I believe many people are also using bitcoins for this two. These two are my most favorite entertainment, luckily I'm able to spend my bitcoins for them.
full member
Activity: 154
Merit: 100
Actually in my city hardly 200 people know about BTC but in my country over 10k users know !

Since not people knew it and even those who know about bitcoins, mostly save them for the future, hoping for the increase in the price.
But there is a trade off, once to keep most of coins in saving and not use them, they will not become popular very soon.
legendary
Activity: 1218
Merit: 1007
i've been using it for domains and digital services (vpn, vps etc), it's just perfect for it, actually i would never buy that stuff with my CC or even paypal  Cool

its good thing that bitcoin is existed, cc or paypal payment is a bit hectic than the usage of bitcoin, for purchasing things i like to used bitcoin especially when purchasing online, gambling is also more convenient with the usage of bitcoin
No kidding that gambling is easier when you use Bitcoin, there are far fewer questions asked and it feels less burdensome when you do lose some Bitcoin.

I personally do 80% of my gambling through Bitcoin, but for some people that won't work.
hero member
Activity: 798
Merit: 1000
i've been using it for domains and digital services (vpn, vps etc), it's just perfect for it, actually i would never buy that stuff with my CC or even paypal  Cool

its good thing that bitcoin is existed, cc or paypal payment is a bit hectic than the usage of bitcoin, for purchasing things i like to used bitcoin especially when purchasing online, gambling is also more convenient with the usage of bitcoin

Yeah the people who are holding bitcoin will never use credit card or Paypal, as bitcoin is more convenient to use and fees involved in bitcoin transaction are too low.
legendary
Activity: 1666
Merit: 1001
i've been using it for domains and digital services (vpn, vps etc), it's just perfect for it, actually i would never buy that stuff with my CC or even paypal  Cool

its good thing that bitcoin is existed, cc or paypal payment is a bit hectic than the usage of bitcoin, for purchasing things i like to used bitcoin especially when purchasing online, gambling is also more convenient with the usage of bitcoin
newbie
Activity: 8
Merit: 0
Use for different purposes!
full member
Activity: 462
Merit: 100
Actually in my city hardly 200 people know about BTC but in my country over 10k users know !
sr. member
Activity: 273
Merit: 250
i've been using it for domains and digital services (vpn, vps etc), it's just perfect for it, actually i would never buy that stuff with my CC or even paypal  Cool
sr. member
Activity: 434
Merit: 250
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!

Yes, i always use bitcoin everyday. I use bitcoin for gambling, paying my daily things, paying my electric bills and for trading. Why ? Because bitcoin is easy to use and have a good price.
hero member
Activity: 840
Merit: 1000
I have stopped using now, I am just holding it for future as price will be good in future so will convert it to my local currency which will give me higher value of fiat.
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
A good part my bitcoins (satoshi) are reserved to payout my sites's members.
it's free...for you...profit !!!


You are seriously everywhere. How bout send some to me now Cheesy

what does "How bout send some to me now" mean?

Edition:
oh...perhaps you mean "how about send..."
No problem...just claim for free on my U2cloudmining site.
full member
Activity: 210
Merit: 100
A good part my bitcoins (satoshi) are reserved to payout my sites's members.
it's free...for you...profit !!!


You are seriously everywhere. How bout send some to me now Cheesy
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
A good part my bitcoins (satoshi) are reserved to payout my sites's members.
it's free...for you...profit !!!
full member
Activity: 210
Merit: 100
paying for humble bundle. trading.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
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.

but still you need bank for any purchase from any local seller, which is named as escrow at here,
escrow is the same as banks in our country do for local business.


For me is i use bitcoin for gambling,investing and for service from small works. It is surely easy to transact using bitcoin amd it is easy to get scam to it if u dont reasearch on what and when you put your money.

yeah mainly I use it for gambling and for sending  money online, as bitcoin allows me to gamble with very small value without any involvement of third party.

i think gambling is one of the biggest ways of spending bitcoin right next after trading. also the big  gambling casinos always had the most transactions (most popular bitcoin addresses on blockchain.info)
full member
Activity: 196
Merit: 100
Mostly for money transfers for its super fast speed and very low fee and i am saving a lot money and time using this method, some part of my coins using for gambling to get some profit with low profit strategy.
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.

but still you need bank for any purchase from any local seller, which is named as escrow at here,
escrow is the same as banks in our country do for local business.


For me is i use bitcoin for gambling,investing and for service from small works. It is surely easy to transact using bitcoin amd it is easy to get scam to it if u dont reasearch on what and when you put your money.

yeah mainly I use it for gambling and for sending  money online, as bitcoin allows me to gamble with very small value without any involvement of third party.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
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.

but still you need bank for any purchase from any local seller, which is named as escrow at here,
escrow is the same as banks in our country do for local business.


For me is i use bitcoin for gambling,investing and for service from small works. It is surely easy to transact using bitcoin amd it is easy to get scam to it if u dont reasearch on what and when you put your money.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
For gambling is my answer for now. I look around the internet to buy something for my coins but I noticed that on ebay same things cost less. So in the end I think I will buy some ebay gift cards and use it for first time in my life.
But until then I gamble, poker for bitcoins is much more interesting then for free. And I enjoy every second of it!
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