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Topic: What do people spend their bitcoins mostly? (Read 1480 times)

sr. member
Activity: 462
Merit: 251
April 05, 2014, 10:56:09 AM
#53
i spend my bitcoin mostly to buy sime kinky underwear corset and boots
Grin
Photo or never happened!
full member
Activity: 210
Merit: 100
Electronics
sr. member
Activity: 266
Merit: 250
if you want something do something!!!
i spend my bitcoin mostly to buy sime kinky underwear corset and boots
Grin
sr. member
Activity: 462
Merit: 251
I bougt some mining equipment, but I keep most of my coins, at least until they reach $1000 again.
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
Drugs, probably. I think people spend them on a whole host of things, but I'm saving mine until there's hopefully merchants I can buy something I really want from.

Where do people purchase that now that silkroad is fucked?
sr. member
Activity: 252
Merit: 250

 What do people spend their bitcoins most of the time? I mean what is the single most thing people spend their money on ?

They don't spend, they save it for the big day..

When's the big day?

Well, lots of people see bitcoin as an investment rather than real money, so they intend to wait until it hits 5k or 10k, then they will prolly be rich..
legendary
Activity: 3752
Merit: 1217
Converted some BTC in to USD (cash by mail) a few months ago. Other than that never did much of online shopping using BTC.
hero member
Activity: 490
Merit: 500
gambling sites Wink
full member
Activity: 127
Merit: 100
Mostly I'm playing bet HERE and HERE
sr. member
Activity: 644
Merit: 250
I do the most with BTC is Betting On Sport...
sr. member
Activity: 266
Merit: 250
I spent my bitcoins on giftcards and the like
global moderator
Activity: 3934
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Join the world-leading crypto sportsbook NOW!

 What do people spend their bitcoins most of the time? I mean what is the single most thing people spend their money on ?

They don't spend, they save it for the big day..

When's the big day?
sr. member
Activity: 252
Merit: 250

 What do people spend their bitcoins most of the time? I mean what is the single most thing people spend their money on ?

They don't spend, they save it for the big day..
sr. member
Activity: 350
Merit: 250

 My recent studies show ( BS , I did not do any studies at all Cheesy )

 People use it to change it to $ and back to BTC do it over and over again until either they are rich and don't want to do more or they lost enough to get out.
 
 That and of course gambling. These 2 are the highest numbers of bitcoins used otherwise purchasing something with btc is not yet popular enough to call bitcoin a currency , it is still just a commodity.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
I've bought all kinds of things... many, many gifts, movie tix, books, groceries, home goods. Mostly via gift cards on gyft dot com. There is a local food delivery service that accepts BTC too, ordered from them a couple times.
sr. member
Activity: 364
Merit: 250
People usually don't spend their bitcoins,but I saw a lot of people loosing bitcoin on gambling websites .You can buy from food to clothes and services with bitcoins .In Romania we have an 2 pharmacy  and 4 restaurants that accept bicoin .
legendary
Activity: 1918
Merit: 1018
They hoard them, gamble them, loose them, send some to their friends or get sc.ammed

You can buy anything in bitcoins now but most people keep them to sell them at a profit or gamble them away
legendary
Activity: 3038
Merit: 1032
RIP Mommy
People buy physical bitcoins with their bitcoins, and not much else. Nothing I've listed on http://fs.thebutterzone.com has ever sold, for months.
legendary
Activity: 944
Merit: 1026
Hookers and Blow
legendary
Activity: 1456
Merit: 1002
I spend it on hookers and drugs.
full member
Activity: 221
Merit: 101
I spent 0.1Bitcoins to get http://www.hardware.no/ member.

Thinks that is a good deal, and awsome to see newsites take Bitcoin in use!
full member
Activity: 154
Merit: 100
Most of the people withdrawing their Bitcoins instead of purchasing
full member
Activity: 196
Merit: 101
we don't, we store them and wait for their price to grow Cheesy
sr. member
Activity: 266
Merit: 250
I bought some tshirt and cellphone cases before online using bitcoin. But I save and hold my bitcoin. I use paypal to buy things online most of the time.

full member
Activity: 190
Merit: 100
People are now using bitcoins as form of payment for buying different products online from food, clothing, electronics, services rendered and a lot more.
sr. member
Activity: 434
Merit: 251
a lot of people use their bitcoins for gambling. but you can spend your bitcoins on  basicly anything these days. from drugs to a house you can do it all with bitcoin
global moderator
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I still haven't bought anything with them.
sr. member
Activity: 259
Merit: 250
Gambling and stuffs.  Smiley
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!

I was gonna ask you why you say that but after giving it some thought I suspect you could be somewhat right.  People to go out to eat and drink with their Bitcoins so it really is possible.
newbie
Activity: 48
Merit: 0
full member
Activity: 196
Merit: 101
weed and gambling Cheesy

perhaps other narcotics too Cheesy
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
I'd say gambling seems to be one of more frequent uses but I'd also say charity and illicit substances is also one to not be forgotten.  This is all just speculation on my part.
sr. member
Activity: 350
Merit: 250
December 30, 2013, 01:55:19 AM
#21

 I wonder if there is a marketcap of bitcoin gambling world. I mean how much people spend on gambling with bitcoin for all 2013. That would have been great. Also a profit of all websites that allows people to gamble with bitcoin.

 I am pretty sure that number does not exists but that would have been one huge number Cheesy People do seem to spend a whole lot on gambling for some reason , probably that is the only thing they can't do with fiat other than some special places.
newbie
Activity: 14
Merit: 0
December 30, 2013, 12:02:16 AM
#20
I've bought clothes, food, wine. All my childrens Christmas presents were bought with Bitcoin. I live off of Bitcoin to be honest.
Now, I convert them in to cash or gift cards or website that accept BTC.


Feels good man.
member
Activity: 84
Merit: 10
December 29, 2013, 11:56:14 PM
#19
they spend bitcoin on cash Grin or online money, to buy whatever they want Tongue
just kidding Grin i think it's electronics
full member
Activity: 182
Merit: 100
December 29, 2013, 07:50:53 PM
#18
I am happy to report that I paid for dinner tonight with bitcoin. It was great.

Proof:
https://blockchain.info/tx/d8a027f02c554dca9a8e99db3fe1024df0e77afc9fd50376b19f1eec08e0ee1c

sr. member
Activity: 434
Merit: 250
December 29, 2013, 07:47:57 PM
#17
gambling and illegal drugs.
legendary
Activity: 3752
Merit: 1217
December 29, 2013, 12:06:45 PM
#16
Haha, where'd they buy them? Silk Road for the viagra?

Hmm... Probably they used SR 2.0 or some other TOR blackmarket place. Just told me that they got all that stuff for BTC.
global moderator
Activity: 3934
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December 29, 2013, 11:39:15 AM
#15
I have never purchased anything with BTC so far. But my friends have purchased all sort of things, from bullion to viagra tablets.

Haha, where'd they buy them? Silk Road for the viagra?
legendary
Activity: 3752
Merit: 1217
December 29, 2013, 11:22:29 AM
#14
I have never purchased anything with BTC so far. But my friends have purchased all sort of things, from bullion to viagra tablets.
legendary
Activity: 1232
Merit: 1195
December 29, 2013, 10:18:12 AM
#13
I'm a hoarder, but will gladly spend them once they start being accepted on the highstreet.
global moderator
Activity: 3934
Merit: 2676
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December 29, 2013, 09:22:06 AM
#12

 No thats with fiat , I am asking with bitcoins Cheesy

 Except for asic miners and etc , like spending bitcoins on non-bitcoin related stuff.

No, really, there is a pub here that accepts bitcoins.

There's a couple of pubs that accept BTC. There's one in Oxford that accepts Feathercoin.
Feathercoin?!  Shocked

What's so  Shocked about that. haha


 No thats with fiat , I am asking with bitcoins Cheesy

 Except for asic miners and etc , like spending bitcoins on non-bitcoin related stuff.

No, really, there is a pub here that accepts bitcoins.

There's a couple of pubs that accept BTC. There's one in Oxford that accepts Feathercoin.
Feathercoin?!  Shocked

Yes, there is one pup with feathercoins accepted. But i think this is the only "store" you can buy something with them.

You could use them on cryptosextoys haha, but the owner took them off after a disagreement with one or two Feathercoin members. shame.
hero member
Activity: 851
Merit: 556
December 29, 2013, 09:14:01 AM
#11

 No thats with fiat , I am asking with bitcoins Cheesy

 Except for asic miners and etc , like spending bitcoins on non-bitcoin related stuff.

No, really, there is a pub here that accepts bitcoins.

There's a couple of pubs that accept BTC. There's one in Oxford that accepts Feathercoin.
Feathercoin?!  Shocked

Yes, there is one pup with feathercoins accepted. But i think this is the only "store" you can buy something with them.
full member
Activity: 182
Merit: 100
December 29, 2013, 09:12:13 AM
#10

 No thats with fiat , I am asking with bitcoins Cheesy

 Except for asic miners and etc , like spending bitcoins on non-bitcoin related stuff.

No, really, there is a pub here that accepts bitcoins.

There's a couple of pubs that accept BTC. There's one in Oxford that accepts Feathercoin.
Feathercoin?!  Shocked
global moderator
Activity: 3934
Merit: 2676
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December 29, 2013, 09:07:46 AM
#9

 No thats with fiat , I am asking with bitcoins Cheesy

 Except for asic miners and etc , like spending bitcoins on non-bitcoin related stuff.

No, really, there is a pub here that accepts bitcoins.

There's a couple of pubs that accept BTC. There's one in Oxford that accepts Feathercoin.
staff
Activity: 3290
Merit: 4114
December 29, 2013, 09:04:27 AM
#8
Wait, wait people spend their Bitcoins? I've been missing out..
full member
Activity: 182
Merit: 100
December 29, 2013, 09:02:57 AM
#7

 No thats with fiat , I am asking with bitcoins Cheesy

 Except for asic miners and etc , like spending bitcoins on non-bitcoin related stuff.

No, really, there is a pub here that accepts bitcoins.
hero member
Activity: 840
Merit: 509
December 29, 2013, 07:49:58 AM
#6
I haven't spent any of mine yet, but I might buy something from Takeway.com with them here in the UK.
global moderator
Activity: 3934
Merit: 2676
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December 29, 2013, 07:48:54 AM
#5
Drugs, probably. I think people spend them on a whole host of things, but I'm saving mine until there's hopefully merchants I can buy something I really want from.
legendary
Activity: 1540
Merit: 1000
December 29, 2013, 07:24:21 AM
#4
I think it's fair to say a lot of them tend to buy electronics/gold/silver with Bitcoin mostly and that's just from me poking around the marketplace section a bit and seeing the stores that are up, Bitcoin is definitely branching out more now though.
sr. member
Activity: 350
Merit: 250
December 29, 2013, 07:01:14 AM
#3

 No thats with fiat , I am asking with bitcoins Cheesy

 Except for asic miners and etc , like spending bitcoins on non-bitcoin related stuff.
full member
Activity: 182
Merit: 100
December 29, 2013, 06:53:26 AM
#2
Food and Beer.
sr. member
Activity: 350
Merit: 250
December 29, 2013, 06:51:16 AM
#1

 What do people spend their bitcoins most of the time? I mean what is the single most thing people spend their money on ?
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