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Topic: What are you using bitcoins for? - page 32. (Read 21353 times)

sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
August 26, 2017, 08:19:25 AM
Trading is the only place where I am using my bitcoins at a moment and in the past I used to spend it on gambling sites but now with an increase in the price I cannot afford to loose even a small amount of it on gambling so now I have stopped it and invest in altcoins when I feel that this is a good time to buy at lower price.
sr. member
Activity: 2212
Merit: 254
Top-tier crypto casino and sportsbook
August 26, 2017, 07:56:46 AM
For the moment I use bitcoin for investment and when I have some more I will use it for shopping online.
I see more and more shops online where you can pay with bitcoin, nice evolution
sr. member
Activity: 518
Merit: 251
August 26, 2017, 07:39:57 AM
Previously I used to use bitcoins for shopping and mobile recharge purpose but now as price is going higher I believe in saving it for a long term without spending it as now its purely an investment for me so I try to collect as much as I can and hold for the future and I also use it in trading altcoins where the opportunity of growing bitcoins is even more faster.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
August 26, 2017, 07:21:08 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 in a category of investor because I bought Bitcoin last March 2017 then hold it but just a small ammount maybe $25. I just did it and give it a try but it really work for me. Grin All of my funds received from campaigns will be transfered to my main wallet for me to save it there. I will only convert it into fiat in time of emergency. I choose to hold Bitcoins for future purposes. It is really hard to buy now since the price is very high. My only concern is the high fees also but happen to be no choice. Grin
member
Activity: 70
Merit: 10
August 26, 2017, 06:15:32 AM
I use bitcoin for investment and buy bitcoin for profit.
legendary
Activity: 1218
Merit: 1007
August 26, 2017, 06:08:34 AM
I am using Bitcoins to grow my capital in terms of fiat because the value of Bitcoins is uncertain. Some people called it a disadvantage and are now asking me how to invest into this, though it is now very difficult for them to buy it at such high prices. I sell them only when I need fiat in hard situations, else saving is the best thing that I am learning as well as using Bitcoins for.
sr. member
Activity: 588
Merit: 250
August 26, 2017, 05:52:18 AM
Wow! This topic started in 2012!

I don't use bitcoin because i don't have Cheesy
Hmm... this is forum about cryptocurrency and Bitcoin, can you tell me if you don't have it, the reason make you talking about Bitcoin in this forum? I think earning 1 BTC very hard but satoshi very easy Huh
newbie
Activity: 50
Merit: 0
August 26, 2017, 05:47:00 AM
I'm surprised how easy is to pay some bills with it. Some services don't even require registration.
full member
Activity: 658
Merit: 101
August 26, 2017, 05:42:16 AM
Wow! This topic started in 2012!

I don't use bitcoin because i don't have Cheesy
sr. member
Activity: 308
Merit: 267
August 26, 2017, 05:37:32 AM
Actually i divide my profits into 2. The 30 percent of my profit will go to paper wallet i just want to keep it for my future expenses and for an emergency withdraw and the 70% i withdraw it and convert it to my local currency and buy things i like including clothes, gadgets, shoes and foods of course.
full member
Activity: 266
Merit: 100
August 26, 2017, 05:31:59 AM
Bitcoin is so easy method. i use bitcoin for investing, mining,advertising, poker and i also paying bills by useing bitcoin.
legendary
Activity: 1288
Merit: 1012
August 25, 2017, 06:54:00 AM
I'm using Bitcoin mostly to participate in ICOs, Trade and for shopping. Bitcoin can practically be used to buy anything, You just need someone to trade with you.
sr. member
Activity: 555
Merit: 252
August 25, 2017, 06:45:23 AM
I currently use bitcoin to purchase services online and I exchange it for fiat money a lot of times, since the coin can be used for anything, provided its accepted. I use bitcoin to pay my friends and family too.
sr. member
Activity: 1708
Merit: 299
August 22, 2017, 08:48:43 AM
I presently use bitcoin for my hosting payment, for my domain renewal and other stuff. I use it to purchase some little things online and I exchange it for cash. What could have been better if not bitcoin. Its easier to keep and faster to transact with.
full member
Activity: 238
Merit: 100
August 22, 2017, 08:48:18 AM
They pay my electric bill each month now.
BTC already bought me 2- HD6870's for a gaming PC and little hashing and 1-HD5870 to hash away.



True, in bitcoin you can have extra income which you can use to pay your expenditures online and investments so can see it grow with the field where you invest it. Me as a student I spend it in daily expenses and give the half to my parents so I may help them. Bitcoin is very useful no wonder that it is being popularized nowadays and sonner storing so much forum user.
hero member
Activity: 1008
Merit: 500
August 22, 2017, 08:44:04 AM
Just pure trading and investing on newly open ico.  Sometimes i used my bitcoin to buy  things that i needed in my house.
I never engage in any kind of gambling,  i will only get addicted to it once i try it
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
August 22, 2017, 08:30:53 AM
Investing, black market, black market and black market
Actually, I used bitcoin to buy some altcoin on trading sites and I know that trading is the best sources of income. In addition to that, I also spend my bitcoin in gambling sites even though I know its too risky. Lastly, I use bitcoin to some stuff and I also convert it into fiat that I can use in offline store.
full member
Activity: 154
Merit: 100
August 22, 2017, 08:28:51 AM
I'm using it mostly to trade it against other cryptocoins on the exchanges... Unfortunately bitcoin is still not very widely accepted in the country i live - we're usually late to adopt anything tech related, haha. But in the future i plan on using it to do all kinds of things/purchases, its much easier than going through the traditional methods.
sr. member
Activity: 1750
Merit: 267
August 22, 2017, 08:23:23 AM
Most of time i spend my bitcoin for my studies. Generally i don't want to spend it because i want to get big profit to holding it. But sometimes in my needed time i use a little amount of my bitcoin. Like urgent mobile/utilities bill, fees on my examination and so on.
hero member
Activity: 910
Merit: 500
August 22, 2017, 08:22:33 AM
i use bitcoin mainly for trading against USDT and other Alt coins sometimes for buying digital goods \ physical goods i wish that coming generation will use bitcoin even for food .  
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