Topic: What Do You Use Bitcoins for? - page 2. (Read 1727 times)
Looking to get Reddit Gold!
I'm investing as well as encouraging friends and associates to start using them. I even start paying a couple of sub-contractors I use with bitcoins and they were delighted once they got their head around it.
And satoshidice, bloody satoshidice
Not good when you have some beers in you.
And satoshidice, bloody satoshidice
Not good when you have some beers in you.
I use Bitcoin to hedge against inflation, especially as the news grumbles of currency wars. I am concerned about protracted devaluation of global currencies as a way of inflating away the debt problem. I do not trust politicians to act responsibly. I expect them to act in their interest and depending on who gave them campaign money is who they will support. The banks fund both parties equally well (US) so don't be fooled.
I use bitcoins to help fuel my brain into more computer based projects.
I haven't spent many yet, but I love selling extra things on Bitmit. Trying to sell my iPad that I never use right now. Quick way to invest something that's just sitting around
Mostly services, like translation, web development etc. But some goods too, usually from Bitmit.
Mainly playing poker.
Mostly investment reasons but I also use it occasionally for simple, virtually instant money transfers to friends.
i put every spare $ i got into bitcoin and do not sell until the price is 200$+
I've followed them along with interest for awhile but just now getting started.
A big thing for me is it allows me to play online poker again.
I can see myself using them for almost everything though.
I run an online business, it'd be cool to be able to pay hosting, service providers, etc in Bitcoins.
Do you own a business? If so how do you use bitcoins?
Did you start mining them or did you start using them because of the investment speculation/anonymous aspect of them? What do you buy day to day?
I'm a BIG fan of decentralized currency (a big fan of anything that competes with central banks) and can't wait to get started with them.
A big thing for me is it allows me to play online poker again.
I can see myself using them for almost everything though.
I run an online business, it'd be cool to be able to pay hosting, service providers, etc in Bitcoins.
Do you own a business? If so how do you use bitcoins?
Did you start mining them or did you start using them because of the investment speculation/anonymous aspect of them? What do you buy day to day?
I'm a BIG fan of decentralized currency (a big fan of anything that competes with central banks) and can't wait to get started with them.
I use bitcoin to safeguard and advance my individual sovereignty. Bitcoin safeguards sovereignty in a way that not even gold and silver can begin to match. Your gold and silver can be stolen, but with a brain wallet not only can your coins not be stolen, but access to your coins can never be taken away AND there is no way for anyone to even know that you have coins. You could be black bagged in the middle of the night, taken away in a windowless van, stripped, searched inside and out and locked in solitary confinement and you would STILL have your bitcoins, this can not be said about gold or silver.
Gambling mostly. I find it fun.
Be very careful, gambling has negative EV!
There are sites (peerbet is the one i can think of) that (at least claim to) take no profit from the gambling, instead taking their revinue from the ads on the page.
Gambling mostly. I find it fun.
Be very careful, gambling has negative EV!
I hope so, just don't bet anything you wouldn't like to lose.
Gambling mostly. I find it fun.
Be very careful, gambling has negative EV!
I've been loaning them to other users and charging interest. Since there's not much to spend them on, I figure that'll stimulate the economy more than hoarding them.
By the way, I wanted to say this. If bitcoin is to survive, there must be a market that forms to accept them. The people who say bitcoins are deflating are not telling the whole truth. There's no way for bitcoin to deflate (well, except for losing them into the bitcoin blackhole, but that's another discussion all together). The only reason it appears to deflate is because of the inflation of other currencies at a faster rate than bitcoin. If bitcoin were to start being accepted to pay for goods and services, the flaws in fiat currencies currently in existence would become apparent as their inflation was made obvious in light of bitcoin's stability. And as long as people hoard bitcoins in order to trade them in for fiat currency, that will never change. Bitcoins will simply be an investment, and one that fluctuates wildly, rather than a stable currency in their own right.
By the way, I wanted to say this. If bitcoin is to survive, there must be a market that forms to accept them. The people who say bitcoins are deflating are not telling the whole truth. There's no way for bitcoin to deflate (well, except for losing them into the bitcoin blackhole, but that's another discussion all together). The only reason it appears to deflate is because of the inflation of other currencies at a faster rate than bitcoin. If bitcoin were to start being accepted to pay for goods and services, the flaws in fiat currencies currently in existence would become apparent as their inflation was made obvious in light of bitcoin's stability. And as long as people hoard bitcoins in order to trade them in for fiat currency, that will never change. Bitcoins will simply be an investment, and one that fluctuates wildly, rather than a stable currency in their own right.
I use bitcoins to avoid hoarding euros.
Gambling mostly. I find it fun.
Be very careful, gambling has negative EV!
Gambling mostly. I find it fun.
Services and goods. I mine and use them to pay for things I used to pay $ for. VPN service, Hosting service and some other stuff.
I know this isn't the right forum (I can't post anywhere else yet), but if you have anything that you'd consider bartering/trading for let me know. I'd like to get some BTC's but I don't want to wait for my bank account, there are no BitInstant places near me and I don't know anyone who'd want to take Paypal from me since I'm new here. But I have servers, I have people who can provide services, I have access to quality traffic (mainly entrepreneurs/business owners), tons of other stuff too.
If there's anything that you need let me know, I'm open to suggestions.
Feel free to shoot me a pm.
Thanks!
Why don't you wait until you can post in the marketplace and list all the services you provide there along with their prices? I'm sure people will be interested!
Services and goods. I mine and use them to pay for things I used to pay $ for. VPN service, Hosting service and some other stuff.
I know this isn't the right forum (I can't post anywhere else yet), but if you have anything that you'd consider bartering/trading for let me know. I'd like to get some BTC's but I don't want to wait for my bank account, there are no BitInstant places near me and I don't know anyone who'd want to take Paypal from me since I'm new here. But I have servers, I have people who can provide services, I have access to quality traffic (mainly entrepreneurs/business owners), tons of other stuff too.
If there's anything that you need let me know, I'm open to suggestions.
Feel free to shoot me a pm.
Thanks!
Services and goods. I mine and use them to pay for things I used to pay $ for. VPN service, Hosting service and some other stuff.
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