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Topic: What are you using bitcoins for? - page 42. (Read 21340 times)

legendary
Activity: 1512
Merit: 1000
August 08, 2017, 11:08:22 PM
#97
My main bitcoin holdings is for long term investment. I've purchased a gaming laptop with bitcoins and last Christmas, I used sold some bitcoins to pay for a family holiday cruise. I am also using a small amount of bitcoin to bankroll my poker and sports betting hobbies.
full member
Activity: 230
Merit: 100
August 08, 2017, 10:27:55 PM
#96
I used bitcoin for a long time to earn more in real life. If I've got something from bitcoin, I use to buy daily necessities and the rest I use saving bitcoin.
full member
Activity: 140
Merit: 100
August 08, 2017, 10:24:29 PM
#95
For me personally, I use bitcoin as an investment for my future, because I can see bitcoin is very promising and the price keeps rising. In begin this month bitcoin price is above $ 3000 and only a few days bitcoin prices rising by 15 percent to $ 3400, this is unexpectedly everyone, but this is real. So I tell everyone do not hesitate to invest your money for bitcoin.
full member
Activity: 686
Merit: 146
August 08, 2017, 10:03:02 PM
#94
I'm not a miner, an investor, nor do I do any btc transactions in the black market. I've been keeping my BTC earnings so that I start with trading in the future. For now, I've been trying to educate myself on how to trade while at the same time I've been saving up my BTC earnings. I also intend to keep some of my BTC for long term investment.

When the need arises, I exchange some of my BTC for extra cash or to spend on some needed expenses. There are a lot of ways to use Bitcoin, but I think its best to invest it.
member
Activity: 97
Merit: 11
August 08, 2017, 09:28:30 PM
#93
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




Im planning to use the btc's im going to earn to sustain my studies. Well, life is hard and my parents are not earning enough to support the 3 of us (siblings). So im planning to help them them with this, maybe i can pay for my own tuition if I earn bigtime
full member
Activity: 1974
Merit: 101
August 08, 2017, 09:25:39 PM
#92
I used some bitcoin for trading and pay for my college.
Sometimes I bought games too.
but now I just collect and keep my bitcoin for future.
sr. member
Activity: 644
Merit: 261
August 08, 2017, 08:23:16 PM
#91
I use a portion of bitcoin as a long term investment, for trading and then if there is an immediate need to convert it to fiat to pay for expenses then I would do it but if there is a way to not convert it like borrowing fiat then its much preferable. As much as possible, I would prefer bitcoin as a long term investment since many are also treating it as a long term investment so I'll just go with the flow.
hero member
Activity: 2912
Merit: 556
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August 08, 2017, 08:12:30 PM
#90
i am using bitcoin for trading and for withdraw if i've made profit in trading. the other thing is sometime i send my bitcoin to my brother as a gift so he know that i am really work in online world. the other thing i used bitcoin is for buying coupon code in online store so i don't have to use my card to pay because its too risky for me.
full member
Activity: 476
Merit: 100
August 08, 2017, 08:09:03 PM
#89
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 so many things, especially in terms of my daily expenses in my personal commodities, money sending, paying bills of mine every month and many more.
sr. member
Activity: 518
Merit: 250
August 07, 2017, 05:52:19 PM
#88
with that happening nowadays is the price of bitcoin is so very fast and increased so that more people find and keep a bitcoin, I also use bitcoin for investment in the future of a more viable, bitcoin also gives sudden needs when I need urgent conditions. I'm sure bitcoin will continue to increase steadily the price of making a better future
sr. member
Activity: 322
Merit: 250
August 07, 2017, 05:07:58 PM
#87


unwashed cocaine and high quality maple syrup.
Do you really use bitcoins for purchasing drugs? It is an illegal activity. Using the deep side of the internet itself is a crime. It is known as deep web i guess. i have read certain blogs on deep web. I don't think it has something to do here. Bitcoin has a black/deep side due to the deep web. If deep web shuts down, bitcoin will get a completely legal and a clean look.

In my country ,bitcoin was not  accepted .So I use to convert into over  our  countries currency and use to pay bill ,Online transaction and so on.Many transaction are made with bitcoin now adays.Even Online transaction from county to country was made  with bitcoin only.
hero member
Activity: 980
Merit: 523
August 07, 2017, 04:45:45 PM
#86


unwashed cocaine and high quality maple syrup.
Do you really use bitcoins for purchasing drugs? It is an illegal activity. Using the deep side of the internet itself is a crime. It is known as deep web i guess. i have read certain blogs on deep web. I don't think it has something to do here. Bitcoin has a black/deep side due to the deep web. If deep web shuts down, bitcoin will get a completely legal and a clean look.
sr. member
Activity: 1400
Merit: 283
August 07, 2017, 02:47:00 PM
#85
Sine i have started earning bitcoin, my several activities that i use it for have changed, from investing it in peer to peer platforms, to gambling and all the way to trading, but the only thing that has never changed is i always exchange it to fiat and use it in my daily needs, and thanks to the bitcoin my econamecal status has imroved significantly.
legendary
Activity: 1526
Merit: 1001
August 07, 2017, 02:33:15 PM
#84
Bitcoin is used for multiple activities.
I mostly use most of my bitcoins for exchanging them ti fiat whenever large funds are
required, trading with alts by exchanging btc to the desired altcoins, investing in investment box on yobit(Exchanger), i also used a small amount in gambling for experience (though lost all coins there).
sr. member
Activity: 490
Merit: 250
August 07, 2017, 11:13:12 AM
#83
The reason i have bitcoin as  tool for speculate in exchange. Trading online like forex trading or crypto is very fun activity for me. Because with money had invested in bitcoin can work and make money.
hero member
Activity: 826
Merit: 529
August 07, 2017, 10:34:11 AM
#82
there are a lot of reasons for using Bitcoin nowadays but I suggest you to only to keep saving Bitcoin for the future. day by day Bitcoin is gaining price so that if you are capable of saving some Bitcoin then it will be a great asset for you in the future. in recent times, Bitcoin is being considered as one of the best investment and saving platform. so keep saving Bitcoin rather than spending.
sr. member
Activity: 434
Merit: 250
August 07, 2017, 10:27:38 AM
#81

At this time it seems that everyone will be more careful about using bitcoin, except for a reason because of an urgent need and no other solution except by selling bitcoin.because they are confident of a good prospect on bitcoin for the future.
sr. member
Activity: 2226
Merit: 347
August 07, 2017, 10:13:29 AM
#80
This thread is already 5 years old and quiet surprised that it has being bumped again and reading for those people who do post on earliest times on bitcoins existence im quiet glad to read up on their usage onto their bitcoin considering that the price isnt that too high compared as of now.If they do treat it on a simple way and spend it so easily for sure as of now they wont really do such thing.
hero member
Activity: 720
Merit: 500
August 07, 2017, 10:09:23 AM
#79
I use Bitcoins for many purposes.

- Top-up my Carrier.
- Online games @cheapter rate.
- Buy vpns like these kind of stuff.
- Hold and sell.

Most times I use bitcoins for payments and I hold them and I earn profit.
legendary
Activity: 3248
Merit: 1179
August 07, 2017, 09:59:57 AM
#78
Since I`m earning bitcoins I use them for gambling, partially for trading. Many times I sold my bitcoins when I needed money, now I regret a bit about it, it would be better for me if I would borrow money on other side and keep bitcoins, now would I have much more, but that is life. I don`t like to borrow money and this was like a good thing to do, so bitcoin was extra earning for me all this years I`m here. I bought some games as well, couple times netflix accounts, I plan to try HBO next time, but I plan to do that when winter come, now I spent a lot of time outside when its summer.
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