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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)
traderbit
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October 29, 2015, 04:46:15 PM
 #481

Gonna buy a phone on Tuesday with the help of bitcoins (loaded my debit card with bitcoins from a local exchange) and this will be the first ever gadget purchase that I will do with my coins (next would be a gpu sometime later ). Cheesy

Let us know how it goes, this is great to know that bitcoin can be used for these things.
Another one is by loading your bitcoin debit card but seems to be more expensive that your way.
Time by time i use bitcoin to buy some ebooks or sometimes some helpful video tutorials.

I would gladly take pictures of it to show in here. Wink Most of the time, I only buy steam games and food with my coins. but now I will be able to buy something pricey with it. It's great that bitcoin helpwd me to reach that goal. Wink

May i know in which country are you doing these.
Especially buying foods with bitcoins this seems interesting to me.
Based on this i ascertain that you will not leave bitcoin for a long time.

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October 29, 2015, 07:22:56 PM
 #482

Gonna buy a phone on Tuesday with the help of bitcoins (loaded my debit card with bitcoins from a local exchange) and this will be the first ever gadget purchase that I will do with my coins (next would be a gpu sometime later ). Cheesy

Let us know how it goes, this is great to know that bitcoin can be used for these things.
Another one is by loading your bitcoin debit card but seems to be more expensive that your way.
Time by time i use bitcoin to buy some ebooks or sometimes some helpful video tutorials.

I would gladly take pictures of it to show in here. Wink Most of the time, I only buy steam games and food with my coins. but now I will be able to buy something pricey with it. It's great that bitcoin helpwd me to reach that goal. Wink

May i know in which country are you doing these.
Especially buying foods with bitcoins this seems interesting to me.
Based on this i ascertain that you will not leave bitcoin for a long time.

He's from the Philippines , I saw him before on our local thread here

@dothebeats: Where exactly you can buy foods with your coins? I'd like to visit and check it out on my free time? Is it just around Metro Manila?

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October 29, 2015, 07:41:26 PM
 #483

I'm curious how the buying of food would work? Do you have to wait for 6 confirmations before getting your food?

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October 29, 2015, 07:49:12 PM
 #484

I'm curious how the buying of food would work? Do you have to wait for 6 confirmations before getting your food?

I am also curious to know that but I don't think you'll have to wait for 6 confirmations , it's kinda long and probably customers won't wait for that long especially who were already hungry >.< I think one confirmation is enough.

Those who needs to have 6 confirmations before delivering your food (if there's any)  will most likely lose bitcoin customers Cheesy

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October 29, 2015, 09:08:09 PM
 #485

I'm curious how the buying of food would work? Do you have to wait for 6 confirmations before getting your food?

I am also curious to know that but I don't think you'll have to wait for 6 confirmations , it's kinda long and probably customers won't wait for that long especially who were already hungry >.< I think one confirmation is enough.

Those who needs to have 6 confirmations before delivering your food (if there's any)  will most likely lose bitcoin customers Cheesy

Im Still curious how this would work, can you imagine having to wait on average of 10 mins, per customer? Maybe I'm missing something though.

traderbit
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October 29, 2015, 09:22:25 PM
 #486

Gonna buy a phone on Tuesday with the help of bitcoins (loaded my debit card with bitcoins from a local exchange) and this will be the first ever gadget purchase that I will do with my coins (next would be a gpu sometime later ). Cheesy

Let us know how it goes, this is great to know that bitcoin can be used for these things.
Another one is by loading your bitcoin debit card but seems to be more expensive that your way.
Time by time i use bitcoin to buy some ebooks or sometimes some helpful video tutorials.

I would gladly take pictures of it to show in here. Wink Most of the time, I only buy steam games and food with my coins. but now I will be able to buy something pricey with it. It's great that bitcoin helpwd me to reach that goal. Wink

May i know in which country are you doing these.
Especially buying foods with bitcoins this seems interesting to me.
Based on this i ascertain that you will not leave bitcoin for a long time.

He's from the Philippines , I saw him before on our local thread here

@dothebeats: Where exactly you can buy foods with your coins? I'd like to visit and check it out on my free time? Is it just around Metro Manila?

Well lucky you guys that you have these opportunities.
Basically where i am now, there isn't any store that accepts bitcoin.
And probably they don't know even what it is, hope to use to buy food soon.

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October 30, 2015, 07:46:12 AM
 #487

I'm curious how the buying of food would work? Do you have to wait for 6 confirmations before getting your food?

you can do it offchain with bitpay, or wait for 1 confirmation only, most foods don't cost too much, i would risk it with few confirmations

surely i can wait an average of 10 min, normally you wait more in the restaurant...
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October 30, 2015, 08:40:07 AM
 #488

Gonna buy a phone on Tuesday with the help of bitcoins (loaded my debit card with bitcoins from a local exchange) and this will be the first ever gadget purchase that I will do with my coins (next would be a gpu sometime later ). Cheesy

Let us know how it goes, this is great to know that bitcoin can be used for these things.
Another one is by loading your bitcoin debit card but seems to be more expensive that your way.
Time by time i use bitcoin to buy some ebooks or sometimes some helpful video tutorials.

I would gladly take pictures of it to show in here. Wink Most of the time, I only buy steam games and food with my coins. but now I will be able to buy something pricey with it. It's great that bitcoin helpwd me to reach that goal. Wink

May i know in which country are you doing these.
Especially buying foods with bitcoins this seems interesting to me.
Based on this i ascertain that you will not leave bitcoin for a long time.

He's from the Philippines , I saw him before on our local thread here

@dothebeats: Where exactly you can buy foods with your coins? I'd like to visit and check it out on my free time? Is it just around Metro Manila?

I want to know that too.  Grin Oh and are you buying your new phone in an online gadget shop or it will be like a store on some mall or something?

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October 30, 2015, 08:46:46 AM
 #489

If i had bitcoin for sure games and giving to my family in other country bcuz is cheaper.
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October 30, 2015, 09:05:54 AM
 #490

I'm curious how the buying of food would work? Do you have to wait for 6 confirmations before getting your food?

I am also curious to know that but I don't think you'll have to wait for 6 confirmations , it's kinda long and probably customers won't wait for that long especially who were already hungry >.< I think one confirmation is enough.

Those who needs to have 6 confirmations before delivering your food (if there's any)  will most likely lose bitcoin customers Cheesy

Im Still curious how this would work, can you imagine having to wait on average of 10 mins, per customer? Maybe I'm missing something though.

Well we should wait for dothebeats response then Cheesy But personally 10 mins isn't that long for me and I can surely wait for that unless on a fast food chain Grin

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October 30, 2015, 11:23:24 AM
 #491

I'm curious how the buying of food would work? Do you have to wait for 6 confirmations before getting your food?

I am also curious to know that but I don't think you'll have to wait for 6 confirmations , it's kinda long and probably customers won't wait for that long especially who were already hungry >.< I think one confirmation is enough.

Those who needs to have 6 confirmations before delivering your food (if there's any)  will most likely lose bitcoin customers Cheesy

Im Still curious how this would work, can you imagine having to wait on average of 10 mins, per customer? Maybe I'm missing something though.

Well we should wait for dothebeats response then Cheesy But personally 10 mins isn't that long for me and I can surely wait for that unless on a fast food chain Grin

I think it's not a direct payment in bitcoin. Im from Philippines and I will wreck my chair if there's a physical store here acceptng bitcoin directly in their counter. I think he means that he is converting his btc's to fiat then do the purchase of food or anything else, same with his cellphone.

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traderbit
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October 30, 2015, 12:19:00 PM
 #492

If i had bitcoin for sure games and giving to my family in other country bcuz is cheaper.

I think that you will have bitcoin for sure in near future.
Also that you are earning from signature i think would be enough to buy a game.
Buying games digital ones is possible from here in forum in Digital Goods.

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October 30, 2015, 12:50:35 PM
 #493

Right now, I only use Bitcoin like a savings account where I can grow my stash of BTC exponentially over time. Still though, I only spend a minimum amount to use it on trading and investing on shares.  Smiley

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October 30, 2015, 01:50:53 PM
 #494

Right now, I only use Bitcoin like a savings account where I can grow my stash of BTC exponentially over time. Still though, I only spend a minimum amount to use it on trading and investing on shares.  Smiley

May I ask how do you invest bitcoin in shares ?

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October 30, 2015, 04:39:52 PM
 #495

Bitcoin can be used anywhere. You can make money by trading it just as money and other valuables are being traded. Buy Bitcoins, Deposit Bitcoins, Trade Bitcoins. Just as simple as that. So bitcoin must be a more flexible money as well as a invetment thing.
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October 30, 2015, 07:13:05 PM
 #496

Right now, I only use Bitcoin like a savings account where I can grow my stash of BTC exponentially over time. Still though, I only spend a minimum amount to use it on trading and investing on shares.  Smiley
What places accept bitcoin to play shares ?
Are you investing on shares with bitcoin or you get bitcoin and exchange to fiat money ?
If allowed to tell me because I want to play the stock with bitcoin

I also want to buy some stocks through Bitcoin, I have been looking for a while for a solution but I think it's not possible yet. I would've expected someone to come up with a way to make a bridge from BTC->stocks yet because it's very convenient, but maybe it's very complicated regulations wise.
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October 30, 2015, 07:30:43 PM
 #497

Normally I use bitcoins for gambling and online shopping and I believe most of the people are using for the same purpose. Bitcoins is very popular among the gambling community and its use is increasing day by day. I also hold some BTC as a investment .
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October 31, 2015, 05:44:49 AM
 #498

I frequently use my bitcoin on online shopping and money transfer.
It is so easy to transfer a money via online and you can also shop anytime using your bitcoin.
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October 31, 2015, 05:50:15 AM
 #499

I frequently use my bitcoin on online shopping and money transfer.
It is so easy to transfer a money via online and you can also shop anytime using your bitcoin.

May I know what online shops you have in mind? I'm looking of more and more places to spend my bitcoins to.

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October 31, 2015, 10:19:58 AM
 #500

Normally I use bitcoins for gambling and online shopping and I believe most of the people are using for the same purpose. Bitcoins is very popular among the gambling community and its use is increasing day by day. I also hold some BTC as a investment .

Online gambling is the best place right now we can spend with bitcoin. Because we can bet in gambling with the small amount with the bitcoin which is not possible with fiats. The more the bitcoin is divisible will be more advantageous to us.
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