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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 33435 times)
Altcoin4life
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June 24, 2015, 04:46:23 AM
 #121

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

oxiyusuf
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June 24, 2015, 04:57:47 AM
 #122

I most often use bitcoin as a currency in the online shop, and in this case I also use bitcoin as a future investment more .. I rarely do
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June 24, 2015, 03:56:00 PM
 #123

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.
If you don't spend bits, then merchants have no incentive to accept them. If merchants do not accept them, then their utility is damaged as is their value.
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June 24, 2015, 11:57:05 PM
 #124

Saving, I am buying bitcoin every month with part of my wage, and keep them safely in my wallet.
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June 25, 2015, 12:20:34 AM
 #125

At this point it sits as an investment but I have used it in the past to pay for good/services and the occasional paying back a friend scenario.
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June 25, 2015, 12:05:49 PM
 #126

I use it to buy online, and I think the Bitcoin is easier to get it because it doesn't need a lot of money
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June 25, 2015, 03:08:08 PM
 #127

"Speculation/Investment/Saving"
A few years ago I would have said gambling... That turned out to be a one of the biggest mistakes of my life.
NEVER AGAIN!   Roll Eyes
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June 25, 2015, 03:29:17 PM
 #128

I wish I could invent or lie about something far more interesting but my answer to the question in the OP is HODLING & gambling & that is literally it. I gamble with small amounts on sports & https://dadice.com when I'm bored & I buy & HODL. I've been accumulating for nearly 18 months now in a desperate hope that BTC goes to the moon & makes my life a lot easier, maybe some time in the future hey.

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June 25, 2015, 04:25:02 PM
 #129

Be gratefull that I'm know how to earn and spend bitcoin just like ordinary currency. Just like gold, bitcoin also has a quite high value so I'm like to hold it as investment. But not primary one because as we know that bitcoin price still unstable.
Who knows bitcoin can reach more than $1000/ btc again... let's say amenn
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June 25, 2015, 05:37:41 PM
 #130

I wish I could invent or lie about something far more interesting but my answer to the question in the OP is HODLING & gambling & that is literally it. I gamble with small amounts on sports & https://dadice.com when I'm bored & I buy & HODL. I've been accumulating for nearly 18 months now in a desperate hope that BTC goes to the moon & makes my life a lot easier, maybe some time in the future hey.

You will have to hold for a long time if you started only 18 months ago for it to have any relevant impact in your life, assuming you don't own tons of it already. If you are able to hold for at least a decade, you'll make it.
Personally I have been doing some buying here and there but very limited, I limit myself to monthly expenses and always increase my stack and hold more than I ever spend.
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June 25, 2015, 05:53:03 PM
 #131

I use it for gambling and some times I buy some stuff in chinese comerces fasttech.com and gearbest  Cool
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June 25, 2015, 05:55:33 PM
 #132

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?
...
Please answer in as much detail as possible!


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June 25, 2015, 06:09:27 PM
 #133

Other: actively discouraging and preventing state violence.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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June 25, 2015, 07:12:08 PM
 #134

Other: actively discouraging and preventing state violence.

Also: preventing banks from laundering money for terrorists and drug cartels.

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June 25, 2015, 07:16:56 PM
 #135

I use to gamble, to trade, to buy bitcoin related things, like physical coins, and sometimes in games like goldentowns(more than 2 options for me, what should I pick?)

And you should add receive payment for services or work too


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June 25, 2015, 07:26:50 PM
 #136

Other: actively discouraging and preventing state violence.

Also: preventing banks from laundering money for terrorists and drug cartels.
I am wondering how exactly can you help with those things by using bitcoin? Preventing Violence with bitcoin? I don't get it. Drug cartels and banks will do what they want to with or without you using bitcoin or not.
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June 25, 2015, 07:30:57 PM
 #137

Well, most of my spent BTC goes to Humble Bundle Cheesy
But I already bought all the things with it, even a cute necklace for my gf

English <-> Brazilian Portuguese translations
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June 26, 2015, 07:20:43 AM
 #138

According to this survey of millenials
http://www.coindesk.com/goldman-sachs-survey-millennials-bitcoin/

22%  currently use BTC or have used it in the past, and intend to use it again.
22%  have never used bitcoin before but plan on using it.
5%   have used bitcoin but do not intend to use it again
51%  have never used bitcoin and have no plans to do so.



Which means that 27% of millenials have used Bitcoin. That's well over the 15% tipping point!

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June 26, 2015, 07:32:33 AM
 #139

I am planning for bitcoin investment and trading, I am still hoping that Bitcoin will rise to the top once again as during 2013. Also I prefer bitcoin for it's security and instant transactions. Hassle free indeed, I hope now and in the near future that I can make good peer relationship all around the world.
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June 27, 2015, 01:46:19 AM
 #140

Bitcoins can be used for a hell of a lot more, but it depends on how much you have. Right now, I don't have many, so you could say I'm saving it in my wallet. I've done shopping with btc before, and transferred money from one wallet to another. Btc is made to perform faster and safer transactions and replace the dollars. I enjoy all bitcoins functionalities.  Smiley

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