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Topic: What are you using bitcoins for? - page 7. (Read 21340 times)

jr. member
Activity: 58
Merit: 10
September 30, 2017, 02:28:32 PM
I use it only for saving
full member
Activity: 994
Merit: 138
September 30, 2017, 01:11:41 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 me, bitcoin for extra income only. because I get it by following the program campaign. I can say I work freelance with a fee in the form of virtual money
full member
Activity: 165
Merit: 100
September 30, 2017, 12:32:38 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 used bitcoin as my money to pay my bills in house. I also used it to provide my daily need in life. And lastly I used it to buy stuffs or things that I want to have in my life. But some of was just stock in my wallet so that if the price increase i can get profit. But i cant directly used my bitcoin because in my country it didnt accept as a rule if payment. I need first to convert it into fiat before I used it.


the same as in my country if you want to spend using bitcoin must first exchange it into local money, unless we are for shopping online sometimes receive payment using bitcoin
hero member
Activity: 614
Merit: 500
September 30, 2017, 12:21:45 PM
I dont use bitcoin. I save it.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 30, 2017, 12:19:03 PM
I use bitcoin currently to pay some bills because my earnings from other sources of income is not yet enough so I have no choice but to convert some of it to fiat. Given the chance, I would just store my bitcoin for a long time as an investment because I believe that it would increase in value in the future and would be more profitable than storing my money in the bank. For now, I still need to spend it because of urgent needs.
Try to remedy that, you do not want to spend your bitcoin in mundane stuff bitcoin is our ticket to a better life and you need to have as many as you can afford, if you do not you may remember all the bitcoin that you spend in food and stuff that while necessary are trivial compared to the future price of bitcoin.
full member
Activity: 518
Merit: 100
September 30, 2017, 12:15:46 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 using Bitcoin as a currency and as a source of income or profit. As of this moment, it is not yet legal to my country but there are exchabges that allows to be converted into fiat to be used to buy things. It is also a good source of income, its market value is increasing as time passes by, and by just holding Bitcoin, you will already have something to earn in the future as its price increases.
hero member
Activity: 1036
Merit: 500
September 30, 2017, 12:14:58 AM
Hold and sell when the price is high.
I also use Bitcoin like that, buy at cheap prices and sell at high prices. that's the profit or the food of the trader.
full member
Activity: 168
Merit: 101
September 30, 2017, 12:05:16 AM
The bitcoin I use every day I spend at home and I gather others for help with my parents and for my investment in my own business and I also help poor people through I donate and use bitcoin for my studies and for me to graduate from college and for me to have tuition fee and school work and activity costs and thanks to bitcoin.
full member
Activity: 196
Merit: 100
September 30, 2017, 12:01:57 AM
I thank you for asking.  My main purpose is to hold bitcoin.  I also use bitcoin to buy alternative currencies.  I do this because i think maybe one of them is the next bitcoin.  A cryptocurrency that will add on to what bitcoin already is but without some of its drawbacks.
sr. member
Activity: 910
Merit: 260
September 29, 2017, 11:54:37 PM
Bitcoin use at the moment is seen as a source of income for me via trading. Well, I will definitely be exploring the other ways of using it to generate income too. Especially, for the part of acquiring it bit by bit till it gains more value to resell gradually in the future. I basically see Bitcoin now as the platform for the altcoins to create source of income for us too.

I will you bitcoin for future saving and investment for the business. It price change every day so it will you fall for the saving and investing. Bitcoin is then but one of the get, the more profit if you need any you will fulfil your life. Have bitcoin 10% I will you bitcoin jut 5% and am saving the bitcoin anther 5% you will plan to work you will easy to improve your future
full member
Activity: 490
Merit: 101
September 29, 2017, 11:22:20 PM
Bitcoin use at the moment is seen as a source of income for me via trading. Well, I will definitely be exploring the other ways of using it to generate income too. Especially, for the part of acquiring it bit by bit till it gains more value to resell gradually in the future. I basically see Bitcoin now as the platform for the altcoins to create source of income for us too.
full member
Activity: 233
Merit: 100
September 29, 2017, 11:22:00 PM
I am not yet using my bitcoin but soon I will use it for my future investments and trades. I will also use it for buying health supplements for my family. And also paying electric bills, water bills and etc.
newbie
Activity: 67
Merit: 0
September 29, 2017, 11:14:10 PM
im using bitcoin for pay hosting, domain etc.
at this moment the fee of bitcoin transaction so high, i recomended using other payment method like bank transfer
full member
Activity: 405
Merit: 105
September 29, 2017, 11:11:49 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 used bitcoin as my money to pay my bills in house. I also used it to provide my daily need in life. And lastly I used it to buy stuffs or things that I want to have in my life. But some of was just stock in my wallet so that if the price increase i can get profit. But i cant directly used my bitcoin because in my country it didnt accept as a rule if payment. I need first to convert it into fiat before I used it.
sr. member
Activity: 616
Merit: 252
September 29, 2017, 11:06:51 PM
I use bitcoin currently to pay some bills because my earnings from other sources of income is not yet enough so I have no choice but to convert some of it to fiat. Given the chance, I would just store my bitcoin for a long time as an investment because I believe that it would increase in value in the future and would be more profitable than storing my money in the bank. For now, I still need to spend it because of urgent needs.
sr. member
Activity: 602
Merit: 259
September 29, 2017, 11:02:51 PM
It's investors where I fit in. I don't mine, I tried to do once but sooner I discovered that it's not my type because I can't manage all the chaos.

I use bitcoin to invest my fiat and then when I find few of the altcoins heading up I will invest my bitcoin in them. Rest is for saving purpose only.

I don't really see any black market for bitcoin or may be I did not went looking for it really so do not know one. I have understood that the more simple you keep the bitcoin investment the more returns are there.
full member
Activity: 434
Merit: 100
September 29, 2017, 10:54:03 PM
I have some bitcoins.  Currently i am not using as an investment.  Because at this stage i need money for day to day life and to look out for my family.  So i earn bitcoin.  O convert it in rupees and use it for normal life.  But i have a plan for future purpose that after passing this struggle i will hold bitcoin  and invest it.  It may take few months.
Even if you are not using your bitcoin as an investment bitcoin in itself is an investment so do not worry you are going to get profits with bitcoin as well, but now you need to try to avoid using bitcoin for your everyday lives since bitcoin is going to skyrocket in the next years.
hero member
Activity: 812
Merit: 510
September 29, 2017, 03:21:02 PM
currently i trade with bitcoin and made 0.2 bitcoins profit till now i was going to make more but because of this crash i couldn't sell in profit, i also invested in few gambling sites and i am able to make good amount of profits till now i also save some bitcoins for the future
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
September 29, 2017, 01:51:54 PM
I use bitcoin for my daily life needs, bitcoin really helps me in finance but I always control my expenses so I can still to store my bitcoin, because I believe saving bitcoin in a long time will make me gain good profit in the future.
member
Activity: 95
Merit: 10
September 29, 2017, 01:34:37 PM
Collecting Bitcoins,

Buying:

The Bitcoin magazine,
Casascius coins, got to love em.
The great music by Alco from coindl. You should get it and support the first great music group that prereleased their album in Bitcoins.

Also donating and paying friends for lunch etc.

I will also be buying software as soon as possible.




there are unlimited used of bitcoins. If any one want to know that for which purpose I am using bitcoin then being a student I have  no enough time to go in routine to market and buy things for me and my home so I am using bitcoin for my online shopping mostly.
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