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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 33476 times)
traderbit
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June 20, 2015, 01:23:13 AM
 #101

Assuming most of us have been honest, the prevailing mode of use of Bitcoin nowadays are long-term investment

afriezalie
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June 20, 2015, 04:11:08 AM
 #102

Assuming most of us have been honest, the prevailing mode of use of Bitcoin nowadays are long-term investment
Agree with you, there are no many things we can do with bitcoin right now, because it's price still low and there are only few services accept bitcoin. The best way to use bitcoin right now is investment until it's price jumps high and many services use it as alternative payment. Not only service, i hope local store will try to accept bitcoin as alternative payment.
Wolframite
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June 20, 2015, 02:20:25 PM
 #103

I use lot of my bitcoin in gambling sites and when im in profit I just withdraw them .. and also now im thinking to use bitcoin for online shopping

Southampton
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June 20, 2015, 02:27:46 PM
 #104

Bitcoin to me is a currency first and foremost, and a digital one at that so I'd like to be able to use it to buy anything online. I can't see why all webstores wont accept it in the future as it doesn't cost them anything to adopt.
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June 20, 2015, 02:51:55 PM
 #105

Assuming most of us have been honest, the prevailing mode of use of Bitcoin nowadays are long-term investment
it totally depends on what you want to believe. if you belong to the group that thinks bitcoin price is going to skyrocket in a couple of years, then what you said is correct. keeping bitcoin for long term is the best investment option now.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
bill gator
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June 20, 2015, 02:55:12 PM
 #106

Speculation/Investment/Saving .when i spend 1 btc for example, it feels like i'm giving up a lot  more than 250 Dollars .I think subconsciously i'm taking into account their future value.
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June 20, 2015, 03:15:57 PM
 #107

I voted for the "Speculation/Investment/Saving" as most users of this forum. The result was obvious!
I still can not find another use for Bitcoins.
Although I think that the "Money transfer "is also speculation.

Freedom to Ross Ulbricht!
cryptojumper
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June 21, 2015, 11:23:08 AM
 #108

I voted for the "Speculation/Investment/Saving" as most users of this forum. The result was obvious!
I still can not find another use for Bitcoins.
Although I think that the "Money transfer "is also speculation.

Why Money transfer would be considered speculation. Of course not. When you send money to your friend to buy something for you in his town that's not available in yours is it speculation? When you send money as a birthday gift is it speculation? When you donate to charity is it speculation? No, money transfer is not speculation.. - it's money transfer Tongue

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June 21, 2015, 11:30:15 AM
 #109

Whos the one guy that uses Bitcoin for porn here ?  The adult market is pretty behind i guess, well with all the free porn on the major adult sites now. maybe someone can get bangbros to take btc.

haha you are in truth, also bangbros are the new btc richest ;P

nah i vote for others, because atm i didnt spend my BTC, i just try to gain more and more everyday and keep it safe for a near future Wink

IMHO #1.b of suspects, Hal Finney is/was S.N.
afriezalie
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June 21, 2015, 11:39:22 AM
 #110

I give them away to my faucet's users
Wow you're a faucet owner Shocked. So how much you get from your faucet in a month? I want to know about that Huh Maybe i wan't to make a faucet in future
harizen
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June 21, 2015, 07:02:30 PM
 #111

I give them away to my faucet's users
Wow you're a faucet owner Shocked. So how much you get from your faucet in a month? I want to know about that Huh Maybe i wan't to make a faucet in future

Earnings of faucets owner comes from advertisements. I think they earned about 10%-15% of their initial investment daily depends on the traffic. So if you want to make faucets you really have to invest for it and make sure it is clean and have good rewards to boost some traffics.

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dollarneed
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June 21, 2015, 08:34:38 PM
 #112

I give them away to my faucet's users
Wow you're a faucet owner Shocked. So how much you get from your faucet in a month? I want to know about that Huh Maybe i wan't to make a faucet in future
same question to i just wondering about the income of the faucet owner specially from google adsense but iam not prety sure till now there is people still using faucet anymore,if they are ,maybe that faucet is popullar like freebitco or moonbit
oblivi
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June 21, 2015, 09:39:43 PM
 #113

Speculation/Investment/Saving .when i spend 1 btc for example, it feels like i'm giving up a lot  more than 250 Dollars .I think subconsciously i'm taking into account their future value.

That's exactly what everyone except mega whales feel. We all feel we are spending something too valuable in trivial goods, which you would rather pay in your local fiat instead. How to get rid of this feeling you ask? I have no idea. Maybe in a society where BTC is everywhere, I don't see any other way.
hangar18
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June 22, 2015, 11:27:45 PM
 #114

most of the people tend to value bitcoin as an investment rather than a currency; most of the people waits for the value to rise and then trade it for fiat to profit. including me Wink
interbtc
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June 24, 2015, 01:50:56 AM
 #115

I spend to pay for some things when needed.
Otherwise it is only storage of value for me
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June 24, 2015, 02:30:49 AM
 #116

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?

If those 120.000+ daily transactions are actually real, there must be thousands of Bitcoin users active every day. What are we actually using Bitcoin for? Are we just true believers or are there real reasons to use Bitcoin instead of other available options?


I figure it's about time that we have a clearer picture of actual Bitcoin use cases. Sure, in a year or two the picture will probably change completely, but it's useful info right now for anyone interested in growing our community.

Please answer in as much detail as possible!
yes i use bitcoin at least once a day, to gamble and buy digital goods, it is not only my only option but it is very fast
thebenjamincode
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June 24, 2015, 02:46:34 AM
 #117

i mostly use bitcoin for digital goods like buying mobile load online and i also use it for gambling
Herbert2020
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June 24, 2015, 03:22:56 AM
 #118

i mostly use bitcoin for digital goods like buying mobile load online and i also use it for gambling
yeah, i think one of the biggest usage of bitcoin nowadays is from using it in gambling. i see a lot of other responds that they use bitcoin for online gambling.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 24, 2015, 04:44:05 AM
 #119

Getting paid, staying paid. Fuck ever getting a single chargeback.

Saying that you don't trust someone because of their behavior is completely valid.
Altcoin4life
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June 24, 2015, 04:46:23 AM
 #120

Gambling and vpn services mostly. Occasionally something from newegg.com

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