Use cases. What do you actually use Bitcoin for?

[Q7]

It has been a long time since I use it to buy something. Can't remember when it was and the only thing I remembered was I used it to pay for my food. Currently I only keep it intact but I imagine if I were to spend it again that would be to pay for some item when actually spending with fiat becomes a hassle.

[pooya87]

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.

this is pretty much what i did with my bitcoins for a long time. i used to earn some from signature campaing, buy some on top of it, gamble a portion away.
but now i do the first two and instead of gambling i am trading. unfortunately it take a lot of time and mostly i can not do it because of lack of time but it is a good way to use bitcoin.
i am hoping that some services like amazon or steam start accepting bitcoin so i have an awesome way of spending my coins there.

[mahi4ever]

I want to join music class and buy a guitar.
So i am doing this job and earning btc

[Kprawn]

I am amazed by the high percentage of people using it for Speculation/Investment/Saving.  I guess if the price bubbles again, we would see this trend turned upside down.

If you asked this question, about a year ago, you might have received a totally different answer.

I split my use... 80% savings {hoarding} and 20% spending online.    ...I totally hate credit cards, it's like driving a Model T ford on a freeway. {The people with BTC zip past me}

[OmegaStarScream]

It's a lot of stuff forme , Investement/Saving also Games & Digital downloads however I only use my BTC from time to time , mostly just to buy Counter Strike skins or other steam stuff . but it's rare , planning to hold now and hopefully we see something good at the end of 2016 .

[darkangel11]

I'm using it only to save money and speculate, unfortunately. Bitcoin is still very limited in its uses.

[Herbert2020]

It's a lot of stuff forme , Investement/Saving also Games & Digital downloads however I only use my BTC from time to time , mostly just to buy Counter Strike skins or other steam stuff . but it's rare , planning to hold now and hopefully we see something good at the end of 2016 .

i think the year 2016 is gonna be a huge year for bitcoin. the bitcoin price is either going up because of the block reward halving that is in mid 2016 and make so many investors happy, or it is not gonna change at all which will lead to disappointment and selling bitcoin by many dissapointed investors and then going down.

[tokeweed]

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!

Buying weed at the original Silkroad.  But I am scared of doing that at other sites...  Don't know where to buy online that's safe.

[hasmukhrawal]

I use it for investment,  trading , money transfer etc..
now I am planning to use it for gambling as well.

[harizen]

Before , Im saving btc for no reasons.

Then I introduced to dice game. Im really got hook with that game because I earned a lot at first week and it makes me more greed until majority of my saved btcs gone. I controlled myself after and stopped playing dice.

Now aftwr a week of rest I introduced to sports betting and always got lucky. No programs no system. So for now I ised btcs to sports betting but of course I learned my mistake from my previous gambling experience and trying to control myself every time I placing bets.

[dimonbiz]

del

[traderbit]

The number of bitcoins actually used as a trading currency is only a small fraction of all bitcoins. Most of them are in the hands of people who want them to appreciate in value or who want to trade for a gain.

[scarsbergholden]

the poll is doing great it shows a lot of what the current market is about, i was a bit surprise about a few options but i guess we don't have that much dark web market buyers here .

Speculation/Investment/Saving    - 57 (36.3%)
Online shopping    - 29 (18.5%)
Money transfer    - 23 (14.6%)

i would like to see a boost on the money transfer % since the rush of the remittance industry is going up we will see more and more companies offering money transfer for low rates.

[centauribit]

I hold bitcoins, but I also spend bitcoins when I want to buy something especially when I can buy it with bitcoins and I buy more bitcoins to replenish the ones I just spent.

[Herbert2020]

the poll is doing great it shows a lot of what the current market is about, i was a bit surprise about a few options but i guess we don't have that much dark web market buyers here .

Speculation/Investment/Saving    - 57 (36.3%)
Online shopping    - 29 (18.5%)
Money transfer    - 23 (14.6%)

i would like to see a boost on the money transfer % since the rush of the remittance industry is going up we will see more and more companies offering money transfer for low rates.

i personally would like to see the second option (online shopping) be the top choice one day. and the investment part becomes at least less attractive than really using bitcoin to shop.

[harizen]

Anyone knows here any method that funding your Google Play account via Bitcoin?

I like to use btc to purchase some in game app in Google Playstore.

[winspiral]

just to give away to my faucet users or i exchange them for Perfect money.

[Amph]

Anyone knows here any method that funding your Google Play account via Bitcoin?

I like to use btc to purchase some in game app in Google Playstore.

there is circle for mobile, you can try that, they don't take any fee

https://play.google.com/store/apps/details?id=com.circle.android

[ajareselde]

Well i try to use it as much as i can, as long as i see that it's doable.
In most cases it ends up for gamble on dice sites, storing them as an investment in future,paying for related services, VPN,,etc,, but lately i'm exploring how it would be to actually switch to bitcoin debit card and
not to touch fiat at all.
The bad news is that it's still not a smart move due to all of the fee's associated with it, and it's still cheaper to use regular debit card, but i'm hoping that will change soon enough.

cheers

[Ludi]

I don't really use it at all at the  moment. I buy a bit and earn a little every month but I want to spend it in the future when it's worth a little more. I think it'd be really awesome and cool to be able to spend it on things I actually want and day to day purchases and think I would spend it wherever I could... just once the value is higher and stabalized  .