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Topic: What are you using bitcoins for? - page 21. (Read 21340 times)

full member
Activity: 121
Merit: 100
Obey me and live or disobey and die.
September 15, 2017, 04:18:22 AM
For holding money and trading.
member
Activity: 111
Merit: 10
September 14, 2017, 02:07:09 AM
as of now I am using my btc for investment. the thing about bitcoin in my opinion is that the price is getting higher and higher as time goes by. and thus it is the reason that I invested in btc and altcoins. and it is also a matter of luck, for example you invested in altcoin that suddenly increased value the ROI can be as much as 10000%.

Were you able to get any return from investment from altcoins which gave that kind of return.
sr. member
Activity: 364
Merit: 250
September 14, 2017, 01:34:48 AM
I am not using bitcoins anywhere in real life as its an investment for me but I mostly use it for trading altcoins on trading sites where I always have an opportunity of growing my bitcoins by getting regular profits and I am not at all interested in spending it in real life.
newbie
Activity: 88
Merit: 0
September 14, 2017, 01:31:59 AM
My coins stay in my wallet. They are an investment, so they will stay there for a longer period of time.
I think that the time when bitcoin was considered to be a currency are gone.
The general trend for the bitcoin price goes up. Small setbacks can be used by traders to make profit, but I am not one of them.
So using my bitcoins as a currency and payment, that would make me feel like wasting them.

I like the way you think. We already have our own paper currency to spend and keeping bitcoin for a longer period of time will yield more as prices will go up.
hero member
Activity: 2828
Merit: 611
September 14, 2017, 12:13:52 AM
I use bitcoin according to what I'm looking for, for example for trading, buying clothes, treveling and sometimes I also use bitcoin to play poker  Grin
Well I am using bit coin for my savings in crypto currency and long term investments in it for my future. I usually exchange my bit coins for USDs when I need physical money to support my family other necessities of life. I often use bit coins for sale/purchase of various products online.
hero member
Activity: 1400
Merit: 571
September 13, 2017, 10:21:29 AM
The miners mine and hold, other mine and sell.

Investors and speculators buy, hold and sell.

You can buy random items in auctions and through the forums.

What are the reasons for the bulk of the bitcoin transfers? I read an article underlying the "dark side" of the internet and TOR network, and they seem to point out that bitcoins are now nearly the exclusive currency for the online "black market" (Note, they are not saying bitcoins are exclusively used for black market transactions)

What have you used bitcoins for?

Miner
Investor
Black Market
Other - explain


I am using bitcoin for money.Because bitcoin can help me in my financial needs.With bitcoin I can gain so much money and with bitcoin I am able tp help my parents with the things that I need at school.

Bitcoin's purpose is to serve as a currency which could be use in transaction online fast and secure, but it could be also use as a source of income which could be converted into fiat so that we could use it in the real world. Bitcoin helps a lot of people already, and one of those people is me. Way back then I was a guy who doesn't have any money, but lucky my friend introduced bitcoin to me that is why I could say I am financially stable.

I doubt bitcoin at first, but it took me a while before I realized that how would I know if bitcoin is legit if I'm not going to try it, and that is why I'm here now, earning bitcoin and using bitcoin on the things I know that could benefits me.
full member
Activity: 212
Merit: 100
September 13, 2017, 10:12:33 AM
I have brought PC bits and pieces, some subscriptions, I want some Tshirts but have not found a design I want yet, bitcoin from cassicus(sp) but I am mostly saving like I did with fiat that some like to call hoarding
I am using my bitcoin actually to buy things that i need and also the things that can help me. I also buy gadgets for posting for me to have a faster access with bitcoin.
sr. member
Activity: 518
Merit: 250
September 13, 2017, 10:05:42 AM
The miners mine and hold, other mine and sell.

Investors and speculators buy, hold and sell.

You can buy random items in auctions and through the forums.

What are the reasons for the bulk of the bitcoin transfers? I read an article underlying the "dark side" of the internet and TOR network, and they seem to point out that bitcoins are now nearly the exclusive currency for the online "black market" (Note, they are not saying bitcoins are exclusively used for black market transactions)

What have you used bitcoins for?

Miner
Investor
Black Market
Other - explain


I am using bitcoin for money.Because bitcoin can help me in my financial needs.With bitcoin I can gain so much money and with bitcoin I am able tp help my parents with the things that I need at school.
full member
Activity: 161
Merit: 100
September 13, 2017, 03:42:25 AM
Mainly for a long term investment. Rather use fiat for necessities instead, because they won't rise. I will save it for later when it begins to drop or when i must use it.
full member
Activity: 302
Merit: 120
September 13, 2017, 03:39:49 AM
everybody is different about bitcoin opinion, i personally use bitcoin for many family economy movers that say bitcoin there is a dark side, i do not deny it is true but everybody is different using bitcoin, not all bitcoin users are dark more specific they use bitcoin to shop needs
member
Activity: 91
Merit: 100
September 13, 2017, 03:37:49 AM
Trade is the only place where I am using my bitcoins at a time and in the past I used to spend it on gambling sites but now with price increases I can not afford to loose Even a small amount of it on gambling I have now stopped it and investing in altcoins when I feel that this is a good time to buy at lower rates. and now I only use bitcoin as a savings like in banking, as well as including future bitcoin investments, because I think bitcoin can still increase
full member
Activity: 182
Merit: 100
They say a thin line separates genius and madness.
September 13, 2017, 03:33:39 AM
as of now I am using my btc for investment. the thing about bitcoin in my opinion is that the price is getting higher and higher as time goes by. and thus it is the reason that I invested in btc and altcoins. and it is also a matter of luck, for example you invested in altcoin that suddenly increased value the ROI can be as much as 10000%.
full member
Activity: 266
Merit: 107
September 13, 2017, 03:01:44 AM
I use bitcoin to buy a lot of stuff i want. And i use it to trade to make profit by selling it again.
Also i save some bitcoin and wait for the value to rise so i can sell it for more bitcoin
member
Activity: 111
Merit: 10
September 13, 2017, 02:55:48 AM
Only starting. Will see what I do with it.
newbie
Activity: 28
Merit: 0
September 13, 2017, 02:55:32 AM
Now we can use bitcoin and other digital currencies for buying all, and in the future it will be more and more
I use bitcoin for make money and buy services, and sometimes for play at online casinos
hero member
Activity: 910
Merit: 501
September 13, 2017, 02:51:19 AM
My coins stay in my wallet. They are an investment, so they will stay there for a longer period of time.
I think that the time when bitcoin was considered to be a currency are gone.
The general trend for the bitcoin price goes up. Small setbacks can be used by traders to make profit, but I am not one of them.
So using my bitcoins as a currency and payment, that would make me feel like wasting them.
full member
Activity: 227
Merit: 100
Exciting Cryptocurrency of Future!
September 13, 2017, 02:30:58 AM
What are you using money for?
full member
Activity: 363
Merit: 100
September 13, 2017, 02:26:31 AM
If i earned bitcoin i will hold it and the rest i will use it for investment and planning to have my own business. I know nothing is impossible in joining the bitcoin.
newbie
Activity: 88
Merit: 0
September 13, 2017, 02:25:17 AM
Looking for ways to horde coins
full member
Activity: 140
Merit: 100
Mining Maganda paba?
September 13, 2017, 02:22:26 AM
As of now I'm now collecting bitcoins to trade someday .
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