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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)
Herbert2020
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July 04, 2015, 05:25:12 PM
 #181

As we've seen with the SPV bug Bitcoin is not ready yet for mass adoption. Once it is and there are merchants everywhere I will start buying stuff with BTC on the daily as i'll be safe carrying it in a non local-blockchain based wallet like the ones on Smartphones.
yeah, i agree. bitcoin needs more time to become mature to be able to handle bigger number of users.
but i was surprised that price wasn't affected by this incident.

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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July 04, 2015, 06:52:23 PM
 #182

Keep the Bitcoins you want for investment and then also keep a reserve to spend on stuff. You get the best of both worlds.
and that way you are helping the wheels turn.  Wink
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July 04, 2015, 07:00:57 PM
 #183

At the moment when so many positive news around us and now bitcoin is most safest investment for enjoy the great future ahead, i am keep holding my coins now after these positive signs to next wave to get the price over 1k in coming months and that is possible before end the this year.
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July 04, 2015, 11:53:24 PM
 #184

I personally just used my Bitcoin earnings to purchase a new PC. I've also made several other small PC related purchases with BTC through newegg. Outside of shopping, I use Bitcoin for Gambling, earning (paid in BTC for writing), and micropayments to other users in online games.
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July 05, 2015, 05:39:23 AM
 #185

At the moment when so many positive news around us and now bitcoin is most safest investment for enjoy the great future ahead, i am keep holding my coins now after these positive signs to next wave to get the price over 1k in coming months and that is possible before end the this year.

You are very optimistic about it, but I guess the price can't over 600 until end of this year. Bitcoin need some triggers to raise its price, which the current price has risen because of Greece crisis.

 
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flix (OP)
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July 05, 2015, 01:52:52 PM
 #186

Very interesting infographic on Bitcoin use for online shopping (it obviously does not include Bitcoin use as investment/savings):

http://www.coupofy.com/blog/bitcoin-is-switching-from-investment-commodity-to-everyday-use

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July 08, 2015, 12:46:29 PM
 #187

So, going by the traditional functions of money... this survey shows:

-store of value                   ~40%
-medium of exchange         ~50%  
-unit of measurement             ?

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July 08, 2015, 01:03:33 PM
 #188

Over the 3 day weekend I took a trip to Poland. Instead of using the exchanges like I usually do, I checked on localbitcoins for a seller. I arranged to meet him about an hour after I arrived at my hotel. He met me in the lobby and I sold enough bitcoins to get the local currency for the weekend.

My hotel was paid for through Expedia and my plane ticket paid with cheapair.com.

I even had lunch at a restaurant that accepts Bitcoin. All in all, a fun weekend paid for with bitcoins.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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July 08, 2015, 02:07:29 PM
 #189

Over the 3 day weekend I took a trip to Poland. Instead of using the exchanges like I usually do, I checked on localbitcoins for a seller. I arranged to meet him about an hour after I arrived at my hotel. He met me in the lobby and I sold enough bitcoins to get the local currency for the weekend.

My hotel was paid for through Expedia and my plane ticket paid with cheapair.com.

I even had lunch at a restaurant that accepts Bitcoin. All in all, a fun weekend paid for with bitcoins.

This is what I want to be able to do. I'd love to travel the world on bitcoin, only in a few years time when bitcoin is more widely accepted around the world... and is worth a lot more than it is now  Grin. I haven't used my bitcoin much so far, just small purchases like vpn providers and filehosting sites etc but I would certainly like to spend it more just when I can get more value for it.
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July 08, 2015, 03:16:59 PM
 #190

As of now Im not using my bitcoins. For now I will keep it and hoping for a exchange boost in the following year.

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July 08, 2015, 03:21:52 PM
 #191

It says "choose two options" in the survey. But I use at least 7 of those options. I use it everywhere I can to buy or pay anything. For me it's just money. Where do I use money? Well... all over the place.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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July 08, 2015, 06:05:19 PM
 #192

Please answer in as much detail as possible!

1. Subscription at https://www.iblocklist.com/
2. Web-hosting at https://www.geekshosted.com/
3. Salvia Divinorum at http://salviaonline.co.uk/
4. CFDs at https://1broker.com/
5. Mining hardware from multiple vendors.
6. Various donations.

I use bitcoins to buy stuff I would be normally buying online if only I have PayPal or any other form of online payment. Bitcoin enabled me to participate in an online commerce, it is mostly about that.
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July 08, 2015, 06:27:54 PM
 #193

Actually, I am using Bitcoin mostly for transactions, however I have some plans in my mind for investment and trading in near future, hope it will benefit me and also I am trying to convince my friends and buyers to have a deal with Bitcoin digital currency.
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July 08, 2015, 06:31:09 PM
 #194

Was about to answer 5 choices but a message appeared in front of me saying that I can only choose 2.  Angry
I mainly use btc for saving and for online shopping. I don't want to get a credit card so using bitcoins to buy some stuff is a good thing for me. Smiley

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July 08, 2015, 06:33:51 PM
 #195

Use it mainly for saving and gambling. Sometimes for buying digital stuffs too like steam wallet.
Easiest way of transaction Smiley Saves us a lot of time.

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July 08, 2015, 08:03:14 PM
 #196

I use Bitcoin for at least four option from the poll but I had to select only two so I would explain here all four.I use for investment/savings,transfer of money,micro payments and gambling online.That is most of the time usage and occasionally for digital stuff to purchase with Bitcoin but that is very rare .
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July 09, 2015, 03:37:30 PM
 #197

We all have our own little Bitcoin stash that feels like a present from the gods .I'm holding way more than I spend
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July 09, 2015, 03:59:21 PM
 #198

sheets. I only buy sheets.
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July 09, 2015, 04:21:47 PM
 #199

I used bitcoins for .. Im saving bitcoins .. hoping it can back to $1000 mark again. But in the normal way , I used bitcoins for placing bets in sports.

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July 09, 2015, 04:23:54 PM
 #200

Gambling is the main purpose of use of BTC to me...nothing else

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