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Topic: What are you using bitcoins for? - page 39. (Read 21340 times)

legendary
Activity: 1372
Merit: 1027
Dump it!!!
August 10, 2017, 09:13:45 AM
I use bitcoins for gambling, trading, shopping and other small expenses i can write off using my bitcoin debit card.
Not forgetting investment which is quite profitable both short and long run.
sr. member
Activity: 1218
Merit: 254
Trphy.io
August 10, 2017, 09:05:50 AM
I have bitcoin just to do trading altcoin. Because, bitcoin provides an opportunity for me to make more money. It wouldn't hurt to invest in bitcoin or altcoin at this time, as many open minds about cryptocurrency.
sr. member
Activity: 420
Merit: 250
August 10, 2017, 09:03:04 AM
The only place where I use bitcoins is on trading sites by investing in different altcoins from where I can make some regular profits as I used to spend it on mobile top ups in the past but now I don't want to spend them and would like either to save or invest in trading.
sr. member
Activity: 406
Merit: 253
August 10, 2017, 09:00:17 AM
My cafe accepts payment in bitcoins, but for all time of existence of such possibility was not even a single sentence. Probably too early to talk about the possibility of another use of bitcoins. Today it is only investment and trade on the exchange.
hero member
Activity: 2590
Merit: 644
August 10, 2017, 08:55:55 AM
I use bitcoin for investment and trading, and I also often follow the new ICO coin which has good value for short term investment, my unfulfilled desire is to have cpu for meaning bitcoin
That is great that you have a great strategy in using your bitcoin. Investment and trading are good ways to make money in bitcoin and you are doing it right because you are not depending in only one source of income and ICOs are good also for short term investment because this is one of the hypes right now.
full member
Activity: 364
Merit: 100
August 10, 2017, 08:14:10 AM
I use bitcoin for investment and trading, and I also often follow the new ICO coin which has good value for short term investment, my unfulfilled desire is to have cpu for meaning bitcoin
hero member
Activity: 994
Merit: 544
August 10, 2017, 07:48:52 AM
I have many ways of using my bitcoin, I want to use as income, savings, bills payment and others just like what my paper money can do! But the best way for me is to save it for a long term used like savings in the bank because bitcoin can get more interest than regular bank savings.

That's right even I used to spend it on paying bills in the past but now price of bitcoins is going higher so now I try to save my bitcoins for future without spending it and would prefer to spend fiat for my expenses as bitcoin will hold more value in future.

I am starting to save bitcoins from now on as I do the same thing before.  Paying our bills using bitcoin since I am doing additional income through bitcoins.  It will be like a waste if i continue to pay my bills through bitcoins considering the high price of it right now and the continues rise of its price.  Though it would be a little hard for me to save some but I will try.  
legendary
Activity: 1036
Merit: 1002
August 10, 2017, 07:45:20 AM
Im using bitcoin because im using it for my study and its helps me to support my self not only my self but also my family when it comes with finance bitcoin is really helpful to my life that is why im its been prt of my life since then bitcoin is easy to use and easy to send anywhere also it helps me to pay my bills
full member
Activity: 238
Merit: 100
August 10, 2017, 07:42:32 AM
I get free money from bitcoin, I just do some to get it. I use bitcoin to buy goods and roads.
hero member
Activity: 663
Merit: 501
quarkchain.io
August 10, 2017, 07:42:03 AM
I have many ways of using my bitcoin, I want to use as income, savings, bills payment and others just like what my paper money can do! But the best way for me is to save it for a long term used like savings in the bank because bitcoin can get more interest than regular bank savings.

That's right even I used to spend it on paying bills in the past but now price of bitcoins is going higher so now I try to save my bitcoins for future without spending it and would prefer to spend fiat for my expenses as bitcoin will hold more value in future.
hero member
Activity: 2716
Merit: 904
August 10, 2017, 07:31:11 AM
I have many ways of using my bitcoin, I want to use as income, savings, bills payment and others just like what my paper money can do! But the best way for me is to save it for a long term used like savings in the bank because bitcoin can get more interest than regular bank savings.
sr. member
Activity: 784
Merit: 251
August 09, 2017, 11:05:01 PM
i am using Bitcoin for pay my school fees and i using Bitcoin for daily allowance or pocket money. and i be grateful can buy some goods without asking money to parents.
sr. member
Activity: 406
Merit: 250
https://gexcrypto.io
August 09, 2017, 10:29:03 PM
Currently, I'm saving my bitcoin. And withdraw some of it whenever I need it. But I prefer to hold it. Right now, I dont engage myself in trading and other activities. I only have small but in enough amount of BTC in my wallet. In case I have idea and enough knowledge about trading. I would try it and take some risk.
member
Activity: 112
Merit: 10
August 09, 2017, 09:20:50 PM
Well as of the moments, I'm holding my bitcoins and I'm planning to invest it. Though, as for myself *knowing that I have enough Bitcoins in me* I wanted to make sure that in a time of emergency I have something to withdraw on.

Though, I already invested some of my extra earning and do engage in trading.
hero member
Activity: 1008
Merit: 510
August 09, 2017, 09:09:01 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



Right now I'm mostly holding and doing some trading. I have used Bitcoins to buy things in the past but not lately with the price so high. My goal now is to accumulate as many Bitcoins as I can for retirement and hopefully it will help my family in the future. Eventually I will probably start to spend some after the price stabilizes more.
full member
Activity: 228
Merit: 101
August 09, 2017, 09:07:40 PM
Of course, just like what the majority do, I'm using bitcoin because I want to save some and earn some to be prepared in my future, we all know that bitcoin would be so damn high the next few years. Also because to support myself since I'm the one who is paying my own bills in school and buying my own things for my everyday living.
hero member
Activity: 700
Merit: 500
August 09, 2017, 08:59:37 PM
Just trading it. Not much I can do to spend/using my bitcoin in my country, unlike in U.S where you can buy food or pay something with bitcoin

It much better than storing up your bitcoin, if you know a way where you could double the amount of your bitcoin like Trading, then do it, it is like having an extra work to have more money in your pocket, though it might take some time to make profits on Trading since you are going to wait for the prices of the coins you are holding to rise up.
full member
Activity: 322
Merit: 100
August 09, 2017, 07:33:50 PM
I strive to earn bitcoins to help my parent's expenses to my education. The bitcoins I earn is allocated for my projects, school supplies l, etc. this helps a lot because we don't have much money to sustain my studies. Also if I earned much more than expected I personally buy my luxuries like phone, gadgets, etc. without the help of my parents. It is so fullfilling to earn money(bitcoin converted to flat money) by your own sweat and hard work. Smiley
legendary
Activity: 1162
Merit: 1000
August 09, 2017, 07:26:05 PM
Just saving, not trading or buying anything with it. I do know that I could actually use them to buy stuff online, such as gift cards or pay for hosting/domain, but I prefer using it as a small savings account for future use/purchases.
It is one of the ideas I just saw. You do not want to take risks and just keep quiet waiting until bitcoin prices increase, whereas you have a chance to earn more profit from trading. Trading is something that can actually be done easily. You only need to profit from the margin of purchase price and the selling price.
hero member
Activity: 1190
Merit: 500
August 09, 2017, 07:22:08 PM
I use bitcoin to trade, invest and use to speculate for profits when exchanging
Also buy some online goods and bitcoin easy to use and most of them support bitcoin now.
I also prefer to use bitcoin for investment because it's my goal to join bitcoin i. I'm looking for profit with bitcoin. So I use bitcoin for trading, mining, investment, etc. Or use bitcoin for which it is related to gain profit. Actualy I rarely use bitcoin to spending or use bitcoin like money
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