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Topic: Who really uses bitcoin? (Read 3018 times)

legendary
Activity: 2170
Merit: 1427
October 28, 2015, 05:48:51 AM
#72
pretty sure majority of this forum uses bitcoin so you're asking the question in a biased place. i mainly use bitcoin only for transactions that i do online buying/selling small stuff. sometimes i use it for gambling, but i rarely use bitcoin outside in public

With "Who really uses Bitcoin" I think OP meant real Bitcoin usage as in purchasing stuff, using Bitcoin to send and receive money, etc. And not really investing in it and holding coins.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
October 28, 2015, 03:46:46 AM
#71
Carders were one good example of criminals that loves bitcoin as they used to buy stuffs with hacked credit cards then sell it to someone with bitcoin as payment.

That's why the legal status of bitcoin varies from country to country and is still undefined because of that illegitimate use of bitcoin. Monitoring the possibility of bitcoin usage in money laundering and other illegal purposes are really the first priority by them rather than the benefits of bitcoin is. This is the reason why regulating bitcoin in some Central Bank per country is not yet present at the moment.
sr. member
Activity: 462
Merit: 250
October 28, 2015, 03:25:56 AM
#70
It is true that there are lots of criminals that love bitcoins but there are more and more legitimate businesses popping up.

For me I think its true since bitcoin is hard to trace and criminals will definitely love that feature specially on crimes online

It is true that there are lots of criminals that love bitcoins but there are more and more legitimate businesses popping up.
I try to discuss about the criminal,
true that the criminals who use bitcoin, examples of the c*rder they use a lot of gold, either for what, I do not know

Carders were one good example of criminals that loves bitcoin as they used to buy stuffs with hacked credit cards then sell it to someone with bitcoin as payment.
legendary
Activity: 3248
Merit: 1070
October 28, 2015, 03:18:25 AM
#69
https://blockchain.info/

I don't know, check it out yourself...300 million usd daily.

yes, mostly for trading and moving their coins, i doubt those are all money used to buy stuff
sr. member
Activity: 294
Merit: 250
October 27, 2015, 06:57:29 PM
#68
It is true that there are lots of criminals that love bitcoins but there are more and more legitimate businesses popping up.
I try to discuss about the criminal,
true that the criminals who use bitcoin, examples of the c*rder they use a lot of gold, either for what, I do not know
hero member
Activity: 727
Merit: 500
Minimum Effort/Maximum effect
October 27, 2015, 06:36:16 PM
#67
https://blockchain.info/

I don't know, check it out yourself...300 million usd daily.
sr. member
Activity: 378
Merit: 250
October 27, 2015, 05:05:16 PM
#66
It is true that there are lots of criminals that love bitcoins but there are more and more legitimate businesses popping up.
hero member
Activity: 742
Merit: 500
October 27, 2015, 05:02:35 PM
#65
Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?

I think everyone can use Bitcoin, i don't believe about existing "typical" bitcoin users, of course there is some people interested a little more than others about cryptocurrencies, i think they are a while using bitcoin more than others, but it's not general because we see many ppl just use btc to purchase goods and services or pay some fees, without really being interested about the cryptocurrencies world
hero member
Activity: 756
Merit: 500
October 27, 2015, 04:52:03 PM
#64
pretty sure majority of this forum uses bitcoin so you're asking the question in a biased place. i mainly use bitcoin only for transactions that i do online buying/selling small stuff. sometimes i use it for gambling, but i rarely use bitcoin outside in public
sr. member
Activity: 420
Merit: 250
October 27, 2015, 04:30:29 PM
#63
i really use bitcoins as i usually pay with it for my digital goods such as steam wallet or something like that, thats why i like bitcoin the most
full member
Activity: 196
Merit: 100
October 27, 2015, 04:15:34 PM
#62
There are certainly a lot of casino users that actively use bitcoin at the moment.
I think this is where people end up using it for after a while. The temptation is enormous to multiple your bits when you can't determine an actual value of it. One minute is it is worth $0.02 the next it is worth $0.05.
member
Activity: 64
Merit: 10
October 27, 2015, 04:12:11 PM
#61
Everybody on this forum uses bitcoin. (I think :O)
newbie
Activity: 37
Merit: 0
October 26, 2015, 05:21:43 AM
#60
I really uses it Grin. I use bitcoin for about 1/3 of my purchases in general but was able to live almost exclusively on it for over a month winter.

1% is high proportion. You are lucky in such a country.
legendary
Activity: 1020
Merit: 1000
October 26, 2015, 05:06:01 AM
#59
I really uses it Grin. I use bitcoin for about 1/3 of my purchases in general but was able to live almost exclusively on it for over a month winter.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 26, 2015, 04:50:11 AM
#58
nerds, hackers, terrorists, speculators at the moment


bankers are slowly moving in....
i doubt terrorists are using bitcoin, its like putting all your financial records out in public for everyone to see, you just have to find em. and im pretty sure NSA has the technology to find these kind of transactions.

Probably they are using it nowadays, I heard some news regarding to ISIS supporters using bitcoin to fund those terrorists. And due to its "anonymous" (which is completely not) nature, its very possible it can be used by terrorists.

Everything has its bad and good sides. Everything!! Just to concentrate on bad sides of something and stay oblivious to all of the advantages is very hypocritical at least.

Are terrorist using it? Maybe! Just like they are using Fiat, gold, diamonds and whatever can facilitate their operations. We cannot really do anything about. This is not even worth of discussion!
sr. member
Activity: 462
Merit: 250
October 26, 2015, 04:35:34 AM
#57
nerds, hackers, terrorists, speculators at the moment


bankers are slowly moving in....
i doubt terrorists are using bitcoin, its like putting all your financial records out in public for everyone to see, you just have to find em. and im pretty sure NSA has the technology to find these kind of transactions.

Probably they are using it nowadays, I heard some news regarding to ISIS supporters using bitcoin to fund those terrorists. And due to its "anonymous" (which is completely not) nature, its very possible it can be used by terrorists.
sr. member
Activity: 350
Merit: 250
October 26, 2015, 04:05:19 AM
#56
Who really uses bitcoin?
Everyone who know about bitcoin
and for you Who is the typical bitcoin user?
Trader,Gambler,Business, and all people who know about bitcoin and crypto currency
Who doesn't use it? and why does it matter?
Who don't know technology.
legendary
Activity: 1302
Merit: 1027
October 26, 2015, 03:32:29 AM
#55
in my sense bitcoin users are online users who are mostly online and who came to know about it and knew its value and uses. bitcoin are also investment option for most of the user.
newbie
Activity: 37
Merit: 0
October 26, 2015, 03:27:50 AM
#54
Early adopters use bitcoin. I hold and use bitcoin.
legendary
Activity: 3248
Merit: 1070
October 26, 2015, 03:08:33 AM
#53
Who really uses bitcoin- Ordinay folk like me, use btc to pay bills, buy prepaid cellphone loads, ordering stuff online, online gambling and change to fiat when in need.

Who is the typical bitcoin user- One who has knowledge about crypto, how it works and benefit the system.

Why does it matter- For bitcoin to grow, it needs mainstream adoption.

BTC won't be adopted; it's fishy, not regulated, slow and so on.

The people likes regulations, safety, etc. BTC will remain for speculative trading, dark markets.
It has no advantage over any traditional payment systems like debit/credit cards/bank wires and payment processors like Paypal.

It's just "trendy" for now. Nothing more.

The trend is for regulation(see the exchangers who are looking for licenses which means AML, KYC and GOVs rules in the end) and this will be the end of Bitcoin. Why? Because the dark market( over 85% from BTC) will leave this e-currency when it will be "regulated".

yeah no advantages, like low fee, privacy, not-hackable while you spent a transaction, sure...

with fiat if you leave your credid card credentials on some website they can still all your funds, with bitcoin it's impossible

well, I may agree with you IF:

- the debit/credit cards have ZERO fees for purchasing online and offline.
- i would not read news regarding to hacking of the Bitcoin wallets  all the time..
- i have to remember you the BTC wallets hacking is not a news anymore on the Bitcoin's market. It's a habit. everyday, a lot of wallets are hacked.

so, tell me one advantage of using Bitcoin against traditional payment systems. do not tell me about privacy because it does not exist anymore. all the exchangers requires papers.


the hacking about bitcoin, it's only because people don't know how to use their desktop

i still have all my bitcoin here from two years already, no one has ever stolen them, and this is why? because i simply don't download random .exe form the web or surf  malicious site

credit card are at risk of hacking every day, they can clone your card easily nowadays, and steal everything before you can even be aware of it and block the card
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