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Question: What do you actually use Bitcoin for? Why?  (Voting closed: July 11, 2015, 04:32:11 PM)
Speculation/Investment/Saving - 70 (34.7%)
Online shopping - 37 (18.3%)
Money transfer - 31 (15.3%)
Micropayments - 7 (3.5%)
Gambling - 18 (8.9%)
Games (other than gambling) - 10 (5%)
Web services - 7 (3.5%)
Digital downloads - 4 (2%)
Porn - 3 (1.5%)
Dark web shopping - 5 (2.5%)
Other - 10 (5%)
Total Voters: 126

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Author Topic: Use cases. What do you actually use Bitcoin for?  (Read 33436 times)
stromma44
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June 13, 2015, 09:12:35 PM
 #41

currently i mostly save up my bitcoins that i earn, and additionally i try to buy some more if i can afford it and the price is right.
but other than that i try to do some altcoin trading with my bitcoin so that they are not just sitting there, and i try to earn some profit this way.
also i do some gambling, but i try to keep it minimal so when i lose i don't get much sad.

Gambling is for fun and I also used it for gambling on sports but I use it only when If I am sure that I will win and I gamble only on those sports which I can trust and of which I possess great knowledge and it is for fun so I gamble very less so even i loose it would not be much painful.
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June 13, 2015, 09:13:11 PM
 #42

I'm using Bitcoin for Online Shopping, I never do an online shopping before I knew Bitcoin. Bitcoin is really helpful for me Grin

faucet used to be profitable
Xenoph0bia
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June 13, 2015, 10:41:36 PM
 #43

I'm using Bitcoin for Online Shopping, I never do an online shopping before I knew Bitcoin. Bitcoin is really helpful for me Grin

yes it is helpful and it is safe. I generally use bitcoin for online shopping and also for the money transfer as it take only minutes to transfer funds from one place to another while banking or currency exchanges takes 24 to 48 hours which will not help you in the case of emergency.
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June 14, 2015, 07:26:03 AM
 #44

I'm using Bitcoin for Online Shopping, I never do an online shopping before I knew Bitcoin. Bitcoin is really helpful for me Grin

yes it is helpful and it is safe. I generally use bitcoin for online shopping and also for the money transfer as it take only minutes to transfer funds from one place to another while banking or currency exchanges takes 24 to 48 hours which will not help you in the case of emergency.
The downside of Bitcoin is that it is non reversible. It isn't as safe as you think. There's no way to file a dispute if the site decides to turn into a scam. Even though it is fast and has low fees, you can't be protected from scams. It would be a different case if the company is registered and is widely known.

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June 14, 2015, 08:19:54 AM
 #45

currently i mostly save up my bitcoins that i earn, and additionally i try to buy some more if i can afford it and the price is right.
but other than that i try to do some altcoin trading with my bitcoin so that they are not just sitting there, and i try to earn some profit this way.
also i do some gambling, but i try to keep it minimal so when i lose i don't get much sad.

Gambling is for fun and I also used it for gambling on sports but I use it only when If I am sure that I will win and I gamble only on those sports which I can trust and of which I possess great knowledge and it is for fun so I gamble very less so even i loose it would not be much painful.
yeah, i agree that gambling is just for fun. that is why i keep it minimal.
besides i just do some gambling in dice from time to time which is a nice way to have some fun and sometimes win some nice rewards.

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Harry Hood
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June 15, 2015, 04:12:08 AM
 #46

Saving, only saving.

But I spread the good gospel and education of bitcoin as much as I possibly can.

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June 15, 2015, 04:19:37 AM
 #47

I keep majority of my Bitcoins as investments/speculations. Then I have some portion for gambling. I gamble for fun, but I am do not think I am so brave to bet only on sure winning. Gamble is gamble and there is big risk.
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June 15, 2015, 04:35:01 AM
 #48

When I first started colelcting my Bitcoins in 2012, I made the decission that I'll never sell any of them. Even when the exchange rates reached $1,200 in 2013, I refrained from selling them. But I lost my job in 2014. Although I got employed after 6 months, I was deeply indebted by that time. Had to offload 50-60% of all my coins.
Soros Shorts
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June 15, 2015, 06:40:56 AM
 #49

I use them to give away for free and it is astonish to notice that no many people want them.
Perhaps I should give less and pay people to ask it... Smiley

How much exactly do you give out? If someone gives me 5 cents worth of BTC and I don't have any more of my own I don't really want it because I can't spend it.

To answer the OP I use bitcoins where it is more convenient to do so than using credit cards or wire transfers.
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June 15, 2015, 06:58:34 PM
 #50

I keep majority of my Bitcoins as investments/speculations. Then I have some portion for gambling. I gamble for fun, but I am do not think I am so brave to bet only on sure winning. Gamble is gamble and there is big risk.

Gambling involved great level of risk that is for sure but by using bitcoins in gambling atleast your identity is not disclosed and that is the best part of it that nobody knows that who is gambling and from where he is gambling.
newflesh
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June 15, 2015, 07:30:39 PM
 #51

Do you use Bitcoin at least once a month? What do you actually use it for? Why? Is it better, cheaper, faster, more convenient than alternatives? Is it the only option?


Yeah I use btc for online shopping, digital goods like steam games and a bit of gambling. Invested in a few different alts over the last few months in case bitcoin goes pete tong, the rest I keep hidden away for a rainy day.

I use them to give away for free and it is astonish to notice that no many people want them.
Perhaps I should give less and pay people to ask it... Smiley

Feel free to send me a few if you're struggling to give them away Wink
operrajunk74
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June 15, 2015, 07:35:49 PM
 #52

I use it for investment and sometimes when bored I used to just play gambling

I use it for gambling too but it is just for fun and when I am sure when I will win or else I generally prefer to use if for online shopping and online money transfer as it is very cheap and saves a lot of time too.
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June 15, 2015, 07:45:17 PM
 #53

micro transactions (fiverr, humblebundle), gambling for fun, long term investment/saving and tipping others around to let them know, that something like bitcoin even exists..
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June 15, 2015, 07:51:51 PM
 #54

I've just been using it to try out the technology...of the very small amount I've generated online, I've done some gambling for fun, but that's about it.  Once it's more widely accepted as a payment option, I'd be happy to use it for purchases.
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June 15, 2015, 08:00:45 PM
 #55

At first I just like to save bitcoins with no reason (maybe I can used it someday). Until I found some sites here in our country that offer good services which we can pay via bitcoin. Today some of my regular payments are paid thru bitcoin.

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IDKwhatimdoing
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June 15, 2015, 10:12:50 PM
 #56

Porn and gambling obviously haha Cheesy Mostly web services and investing on altcoins...

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June 15, 2015, 11:21:27 PM
 #57

I pay webhosting bills and such with Bitcoin
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June 15, 2015, 11:27:19 PM
 #58

I use bitcoin for trading and other stuff in the voting list except porn and buying goods online. I'm about to try purchasing goods online using bitcoin but there is this force that stops me from spending my bitcoin to goods lol

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June 15, 2015, 11:29:43 PM
 #59

At first I just like to save bitcoins with no reason (maybe I can used it someday). Until I found some sites here in our country that offer good services which we can pay via bitcoin. Today some of my regular payments are paid thru bitcoin.

And that is the best thing to do with bitcoins. Today even I get my phone credits by using bitcoin and that is the best thing to have even if you are on international tour you can get phone credits anywhere at anytime using bitcoins.
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June 16, 2015, 12:25:44 AM
 #60

At first I just like to save bitcoins with no reason (maybe I can used it someday). Until I found some sites here in our country that offer good services which we can pay via bitcoin. Today some of my regular payments are paid thru bitcoin.

And that is the best thing to do with bitcoins. Today even I get my phone credits by using bitcoin and that is the best thing to have even if you are on international tour you can get phone credits anywhere at anytime using bitcoins.

Ya and bitcoins have made online transfer very easy and cost effective that no other service providers can afford that much lower fees and the best thing is to get rid of paper work that banks uses for online transfers.
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