Topic: What are you using bitcoins for? - page 36. (Read 21353 times)
I am holding it for the moment, even though I am well aware that it's risky. But I reckon that it will probably keep growing, so a waiting stance is probably the best approach.
In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait
I think holding is also a risk. Because the price whenever it can go down and you should be prepared with it. Holding back also requires patience and confidence because without patience and conviction maybe you will panic when the price goes down and sell your bitcoin, then you lose money. It will be the same as your previous storyEverything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait
Bitcoin has been a very big help over the last 18 months or so, ever since I discovered it. I was able to spend most of what I earned last year for my son's 1st birthday, and just this year added budget to buy a second hand car. But now that bitcoin is continuously increasing in price, I decided to just hold and save for the future, maybe for my son's education.
Right now, im using bitcoon only to make money with the grown in the price and sometimes im using to buy things in other countries without laking my identify, but i admite in my major time im only another especulator like anyone.
bitcoin has many use for real life.
im use it for settling my debt and bill. use it one gambling sometime but not often. tend to lose. just be patient on gambling cause it can make you zero again. sometimes when i have no money. i cash it out turn it to our country money and go shopping. but not always as i need it more in exchanges. using to buy more alts coins that i confident to grow up and rises in a matter of time. bitcoin is a need for my life currently to make my life more freedom. im hope i can get hold more bitcoin and more.
Absolutely! Bitcoin most known digital cryptocurrency, since beginning dominated everywhere that's why most populated currency till now. Every sector becomes forced to use this payment method as huge affection.im use it for settling my debt and bill. use it one gambling sometime but not often. tend to lose. just be patient on gambling cause it can make you zero again. sometimes when i have no money. i cash it out turn it to our country money and go shopping. but not always as i need it more in exchanges. using to buy more alts coins that i confident to grow up and rises in a matter of time. bitcoin is a need for my life currently to make my life more freedom. im hope i can get hold more bitcoin and more.
as of now i am barely holding it, since as i observe the price in the market is going high. I'm convertinf into cash some litte portion of it for my daily living expense. And i think it's nice to be a full time crypto man.
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
If people' will questioned the usage of Bitcoin in every users of course it will always depends on some aspects such as the country where they lived in and the main goal proponent of an individual. We all know that not all countries is fortunate to have a wide developed Bitcoin acceptance on the business and the economic state of one's country. We may obliged to follow some specific regulation. And also the goal which is if someone wants to earn more higher portion of their Bitcoin is aligned on trading, investment and saving. Just how I prefer on using my Bitcoin in a daily basis. 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 my studies. And it is clear for me that I should not waste bitcoins for anything that is irrelevant on my focus which is studying. I am trying to think of having it invested on some alternative coins or in bitcoin itself. I think that it would be awesome for me to invest in some coins and become a whale in the future. Hope that there would be a future for me in cryptocurrency.
The reason's why I use bitcoin is to my bills online, investment, trading and often into playing gambling. Well bitcoin for now is keep increasing its value is one the best to use to save bitcoin. Eventually price will skyrocket that until now I still use bitcoin.
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 usually save my bitcoin in my wallet or holding in other words. And when I kept a lot of it im goong to used it to buold a machine shop. Mostly right now i used my bitcoin for loading. And when i want something i used it to buy those things. 
I use bitcoin to pay for vps and games every month. I bought a video card using bitcoin about last year, but that's the only time i use bitcoin to buy something expensive. Other than that, i use it for gambling sometimes. If there's more merchant in my country accept bitcoin, maybe i'll use it more to buy things.
I spent a bit of my bitcoins in buying about 4 video cards. I thought it would be nice to have a mining computer at your place that produced bitcoin daily although in very low quantity. Now I regret this decision as I see mining is not really profitable only a few bux daily. I am keeping every single bit of my bitcoins now that I see price today did surpass 4000 mark. I will keep collecting and waiting.
Well the reason on why most people convert their bitcoin to fiat is because of additional investments or when the need arises. In your case, I guess you should have researched first and asked questions about mining before upgrading your PC but I guess that your decision is inevitable. In my case, I withdrew my bitcoins last month when the prices were around $3300 and I regret it ever since.
Right now being a college student is essential for me to build my path towards my future career. I see bitcoin as something that may help me in constructing my dream house or condominium through investments and campaign signatures. I am able to earn decent amount of money while at the same time studying. I guess that is one of the biggest advantage of bitcoins to students who know how to handle its value and importance nowadays.
I was one among the user who hasn't got much knowledge about the entire digital currency. Right now the major focus of me is to gain as much possible and save it for a bigger profit for the future. This came into my mind when legendary people of digital community predict the future price of bitcoin will be very big.
I spent a bit of my bitcoins in buying about 4 video cards. I thought it would be nice to have a mining computer at your place that produced bitcoin daily although in very low quantity. Now I regret this decision as I see mining is not really profitable only a few bux daily. I am keeping every single bit of my bitcoins now that I see price today did surpass 4000 mark. I will keep collecting and waiting.
I am using my bitcoins in paying my bills and using the signature earnings as pocket money and I really wish that I could start saving my coins for future and then spend them.
Actually, bitcoin is a very helpful in making my life easy. I can use it in my leisure which is when i bet on sports, poker and other games that I use btc for exchange. Also, I use this in business matter, since I am a designer from a known firm, i use btc to pay for advertising and graphic works. Side lines in the bitcoin community also helped me earn with how I sell my artworks, tshirts, mugs and anything I choose to design under the sun.
Earlier,i used bitcoins for recharging my mobile.Also,i didn't find any other services accepting bitcoin payments in india.I am very much crazy about electronic gadgets.So,had an idea of buying them with bitcoins.But now,on seeing its tremendous increase in price,nearly $4000 i too have decided to stop spending bitcoins and just save it as a valuable investment for the future.
In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait
I've also used bitcoin to invest in hyip and ponzi, and that is my biggest mistake in bitcoin. Because I lost more than $ 400 in just one investment on a ponzi site. And I'm so sad about it, and I'm not going to do that anymore. Better to hold bitcoin, easier, safer, and profitableEverything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait
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 not using bitcoin directly as payment because even though bitcoin has been legalize in my country, still it not widely generated and operated in many establishments so I need to exchange it first into a fiat to be used up to buy important things and stuffs. Despite of that situation, I can use bitcoin in transactions, loading, trading and even investing. Those are just some of the uses of bitcoin in my part. 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
When bitcoin prices have increased drastically, I rarely use bitcoin for online payments via bitcoin like paying utility bills and internet.
Now i use bitcoin for trading and investment purposes although small but i always save from my earnings from trading and signature campaign results that exist in this forum.
I think it's just when you're buying something or spending bitcoin when the price goes up it's going to be profitable for you. Because you can buy goods cheaper than ever because the price goes up. I also use bitcoin to buy something stuff, sometimes I wait for the price to go up to get a cheaper priceNow i use bitcoin for trading and investment purposes although small but i always save from my earnings from trading and signature campaign results that exist in this forum.
Jump to: