What are you using bitcoins for? - page 23.

shata

sr. member

Activity: 547

Merit: 253

Quote from: tabas on September 11, 2017, 04:39:55 PM

I use my bitcoin for selling it again, buying and selling but only for my friends that are looking to buy bitcoin. I'm not publicly selling it as there are some of my friends that are posting that they are buying $20-$40 worth of bitcoin and that's other use of my bitcoins. But majority of my bitcoins are in trading and for converting to fiat.

We use bitcoin as an investment and for now in my country bitcoin purchases on good is not yet present. Only bitcoin to fiat exchanges still available on the wallet site, and most of the purposes right now is saving and hold btc. The idea that people will have to gain it's profit is on how long it can be stored in the walet and expect for the price to reach higher of it sell value.

Kisanaq

sr. member

Activity: 700

Merit: 277

Many things I can do with bitcoin, which I like the most from bitcoin is that it can be easy to transact and send money around the world at a cheaper cost than the bank. besides, I use bitcoin for trading, so I can get big profit.

stevano

sr. member

Activity: 423

Merit: 251

Quote from: sksaddam on September 11, 2017, 04:20:51 PM

I used to spend Bitcoin buy vps, domain & download paid application from playstore. I also use Bitcoin buy sell business, because Bitcoin buy sell coinbase to coinbase transaction free & easy.So it is profitable.

if I own it for trading capital, and buy token electricity and mobile phone credit online, because using bitcoin all so easy and fast, if for use like you I try

tabas

hero member

Activity: 3024

Merit: 745

🌀 Cosmic Casino

I use my bitcoin for selling it again, buying and selling but only for my friends that are looking to buy bitcoin. I'm not publicly selling it as there are some of my friends that are posting that they are buying $20-$40 worth of bitcoin and that's other use of my bitcoins. But majority of my bitcoins are in trading and for converting to fiat.

sksaddam

full member

Activity: 691

Merit: 100

I used to spend Bitcoin buy vps, domain & download paid application from playstore. I also use Bitcoin buy sell business, because Bitcoin buy sell coinbase to coinbase transaction free & easy.So it is profitable.

geegaw

hero member

Activity: 1316

Merit: 502

Quote from: GoodLuck2 on September 11, 2017, 07:32:10 AM

Quote from: ankurguta87 on September 10, 2017, 03:00:52 AM

Just holding for few years.. Hoping that i will make millions.

You can always hope for the best. I think holding will serve the purpose but you need to hold them then for quite a long period then instead of few years. There is one other option and that is instead of holding them, go for trading and try to increase the number of Bitcoin that you own.

Agree, I also think like you, instead of holding Bitcoin few years, we should use our Bitcoin for altcoin trading, this is the place to help us earn more Bitcoin but we need to learn and understand clearly about trading, without knowledge, we will waste our bitcoin. Another advice is that we should not use bitcoin for personal needs, such as gambling or online shopping, we will waste a lot of profits and reduce the chance of getting rich in the future

Phyton76

sr. member

Activity: 504

Merit: 268

Quote from: 1l1l11ll1l on April 30, 2012, 11:55:46 PM

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 with bitcoin I am able to gain so much money and I am able to make my time effective and productive.With bitcoin I can make my life so productive and I am able to help my parents with the finances.

hridoyb

sr. member

Activity: 826

Merit: 250

Bitgesell (BGL) Decentralized Cryptocurrency!

Bitcoin is most expensive and usable coin now.Now I am earn some bitcoin per week and try to hold this coin for long time.I think bitcoin priced will be more increased.Some days ago I am playing different beting site use bitcoin.Maximum time my predidct will wrong .Now I am understand what are doing.So I am invest my bitcoin buy some altcoin.But altcoin market dwn so I am hold my bitcoin for a long time.I donot like black market or black money.

GoodLuck2

sr. member

Activity: 630

Merit: 251

Quote from: ankurguta87 on September 10, 2017, 03:00:52 AM

Just holding for few years.. Hoping that i will make millions.

You can always hope for the best. I think holding will serve the purpose but you need to hold them then for quite a long period then instead of few years. There is one other option and that is instead of holding them, go for trading and try to increase the number of Bitcoin that you own.

Portia12

full member

Activity: 434

Merit: 105

ADAB ICO

i use bitcoin in sportsbetting sites they use bitcoin as a token or realmoney. i also use it from dice games like primedice and bitsler. but now i use bitcoin as an investment to some sites because its hard to earn bitcoin now because of its price

hua_hui

legendary

Activity: 1386

Merit: 1016

I have been using bitcoin as a form of payment since years ago so i am a stronger believer of bitcoin.

I have tried to use paypal but the fee is very high in buying or selling. When i sell digital goods, i have lost like 2k usd because people tend to charge back on their payment and it is very hard for me to win certain cases as paypal is quite buyer protected.

On the other hand, local bank transfer got me into the middleman scam trouble.

So the best way for me is to sell for bitcoin and that has worked so well so far. That is why bitcoin is so wonderful for digital goods transaction.

hahay

legendary

Activity: 3486

Merit: 1055

Leading Crypto Sports Betting & Casino Platform

I use bitcoin for my financial needs and much more, but bitcoin can be used for everything well legal and even used for illegal activity. bitcoin has many uses, advantages in transacting a better and faster and much more.

mani mani

member

Activity: 280

Merit: 10

Orient

Quote from: 1l1l11ll1l on April 30, 2012, 11:55:46 PM

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

for invest, my first income on my life is bitcoin and i invest any ico with my BTC some times i get buy whale.
i fell nice if get many token from invest and see best rate on exchange, you must try it.

Isaac 777

newbie

Activity: 45

Merit: 0

Basically i use bitcoin with dark net sites but now i start but some services using it

The Alchemlst

full member

Activity: 350

Merit: 100

BITDEPOSITARY - Make ICO's , More Secure

I prefer using bitcoin through my online transactions, specially since I'm not a fan of credit or debit cards so when shopping online bitcoin comes quite handy for me. Wink

Nurma.A

full member

Activity: 286

Merit: 100

StableDex | Decentralized, Secure & Cost Effective

So far I only use bitcoin as my daily needs. But in the future I want to use bitcoin for investment. Everyone talking about bitcoin investment is very profitable

konco_kenthel

full member

Activity: 378

Merit: 100

If until now still a miner who tried to always set aside some income from some ico on the run.supaya later can become investors with a large enough capital and get more followers.

raymart0720

full member

Activity: 322

Merit: 106

It is up to them if they will use it in Illegal way..

BTC is decentralized meaning it can transfer to world and no one will question it by unanimous people..
for example in PORN they use bitcoin to pay Why because it is much faster than banking
by holding yess it is a strategy hold sell and trade or buy whenever they want ...

ElitistCA

sr. member

Activity: 477

Merit: 250

Blockchain Just Entered The Real World

Quote from: CODE200 on September 10, 2017, 06:29:54 PM

Quote from: BladeMcCool on May 01, 2012, 12:19:07 PM

Creating a vertically integrated supply chain including coal mining, coal fired power plant, ore extraction and processing, steel production, wire making and foundry, manufactories for locally produced housewares as well as selling excess electricity to locals at a discount rate and armed facility security. Etc. Basically, building a new civilization from the ground up. PS, we have a M.A.D. deterrant, so please no nato airdrops unless you want to have a cold next 200 years.

.... I can dream.

It seems that most of people used Bitcoin in bitcoin related transactions , investments or trading. Actually that is a good thing to consider in dealing with Bitcoin because it is the best way for people to earn. For me having bitcoin in terms of investments could definitely give people a lot of opportunities to earn and to have profit in the future.

However, behind that profit is a speculative market, what do you think about the growth of cryptocurrency in short time? Fast and not stable, it very easy control by mentality of traders on the market. Therefore, it usually crashes down if has some rumors bad news, like China banned ICO market in their country make the price of many token ICO crash -100% to -300%.

illicit

full member

Activity: 140

Merit: 100

I am using bitcoin to save some money for my future expenses,
And I am earning bitcoin to support my daily needs.
And I hope to buy my own house through earning in trading and joining some signature campaigns.

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