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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)
delliaerd
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April 05, 2016, 06:40:00 AM
 #681

I use it for gambling and trading

I too use my bitcoin in gambling as I have not found some other stores or source to spend my bitcoin directly. The remaining part I convert to fiat for regular needs.

I use also some of my bitcoin in gambling because its easy to bet using bitcoin and it give high returns if the odda is big. And some is for investment so i can multiply my bitcoins for the period of time and obviously i choose and select on whati am going to join i do research and i do tradings crypto currencies. And i also use bitcoin to pay some task. When i need something in online i make bitcoin as payment.

Even i don't like a gambling like yours . Maybe i will unlucky if i play gambling or anything related. I usually change bitcoin into fiat before I use the  bitcoin.

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diodio5
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April 07, 2016, 08:15:19 AM
 #682

I treat bitcoin as bank deposit and account in one service. I am holing some amount with hope that we will see some price rise or bubble in the near future.
And in the meantime I am using a fracture of my coins as payment method for my online shopping sprees.
I think bitcoin could be nicer than a bank. if you keep money in the bank you will be exposed to administrative costs each month, and it makes your money is declining different if you save money in bitcoin.
apart as you are not exposed to administrative costs. You can also make an investment by putting money in bitcoin
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April 07, 2016, 09:07:39 AM
 #683

I treat bitcoin as bank deposit and account in one service. I am holing some amount with hope that we will see some price rise or bubble in the near future.
And in the meantime I am using a fracture of my coins as payment method for my online shopping sprees.
I think bitcoin could be nicer than a bank. if you keep money in the bank you will be exposed to administrative costs each month, and it makes your money is declining different if you save money in bitcoin.
apart as you are not exposed to administrative costs. You can also make an investment by putting money in bitcoin


I agree too with this post. You can use your money to gamble, trade, invest anytime you want as long as you have money on your bitcoin wallet address.

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delliaerd
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April 07, 2016, 09:17:14 AM
 #684

I treat bitcoin as bank deposit and account in one service. I am holing some amount with hope that we will see some price rise or bubble in the near future.
And in the meantime I am using a fracture of my coins as payment method for my online shopping sprees.
I think bitcoin could be nicer than a bank. if you keep money in the bank you will be exposed to administrative costs each month, and it makes your money is declining different if you save money in bitcoin.
apart as you are not exposed to administrative costs. You can also make an investment by putting money in bitcoin


I agree too with this post. You can use your money to gamble, trade, invest anytime you want as long as you have money on your bitcoin wallet address.

Bitcoin is very useful at all. It can be bet, investment, or any else. Even buy something in online stores like him does.
But I am usually change my bitcoin into my fiat before I use it for my bills. Bitcoin was help me so much.

..C..
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February 12, 2018, 10:52:23 AM
 #685

Practically speaking I am earning bitcoin for the need of savings. Bitcoin is pioneer in the Crypto Currency world and having an enormous value for the future. So I am just gathering the BTC now and I have no intention to sell it anytime soon. Also, there is whole lot of knowledge to be gathered along with making money. Thing knowledge will be cultivable in moments of crisis in Bitcoin.
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February 12, 2018, 11:30:44 AM
 #686

Bitcoin is convenient to use  to pay for various services, such as online services, freelancers work and others. High degree of anonymity and independence from conditions dictated by someone are of great importance.
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February 13, 2018, 12:10:14 PM
 #687

I see bitcoin as money and as an asset. Therefore, I use it as a means saving, investing, online shopping and payment for goods and services.


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BingoDog
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February 13, 2018, 12:13:16 PM
Merited by RodeoX (1)
 #688

I often use bitcoin for everyday needs, like paying for bills and in stores. Thus for me bitcoin has realy practical use and helps me a lot.
Sometimes when I can I try to save some coins, it's good to have some asset for the future. In my opinion those who say that bitcoin has no use in real life or think it's limited are completely wrong.

malaj
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February 17, 2018, 11:33:57 PM
 #689

I treat bitcoin as bank deposit and account in one service. I am holing some amount with hope that we will see some price rise or bubble in the near future.
And in the meantime I am using a fracture of my coins as payment method for my online shopping sprees.
I think bitcoin could be nicer than a bank. if you keep money in the bank you will be exposed to administrative costs each month, and it makes your money is declining different if you save money in bitcoin.
apart as you are not exposed to administrative costs. You can also make an investment by putting money in bitcoin
Its decentralized nature becomes its advantages. Gives a lot of freedom to its users to manage assets that are owned to the maximum without any middlemen. Moreover, the value tends to increase along with changes in demand and supply provide a lot of profit.

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February 17, 2018, 11:37:39 PM
 #690

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!
The totality of Bitcoin usage in my life was a total of being used to be save for the future since I better know that it will be so much beneficial if I will keep on holding and saving my Bitcoins for good so that I can used up a larger value in hand when the time I needed to spend for those who I really need it the most. But is does not being just limited into saving because I am also into using it to buy online products but just a minimal amount and that only happens when I seek for on sale products that offer lower price discounts to make it affordable for me.
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February 18, 2018, 09:35:36 AM
 #691

at the moment I use bitcoin only as a means of investing in another crypto currency. And of course, I expect the growth of this currency, with the aim of further small enrichment
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February 18, 2018, 09:51:44 AM
 #692

I use some of my Bitcoin for longterm investment. I believe that in the future, paper money won't be very useful. That's my own thought. Altcoins will never be a bubble. Once they exist, it will stay. And I use some for daily profit. I work full time as a crypto trader. This is the reason why I am still having my stomach full.

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March 14, 2018, 06:20:30 PM
 #693

That is why I went to Bitcoin, I used Bitcoin specifically to buy all the products online. We use Bitcoin to send money to any corner of the world. Above all, invest in the future so that we can benefit later.
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March 14, 2018, 06:22:45 PM
 #694

I use Bitcoins for donations, micropayments and for online shopping (digital goods).
Interesting that only 2.5% use Bitcoins for dark web shopping. I thought that this would be higher.
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March 16, 2018, 05:06:54 PM
 #695

I use it for gambling and trading

I have heard that using Bitcoin for gambling can bring good income but I never tried to do it. I  use BTC coins only for trading - it brings a lot of profit.
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March 16, 2018, 06:22:57 PM
 #696

I use it for gambling and trading

I have heard that using Bitcoin for gambling can bring good income but I never tried to do it. I  use BTC coins only for trading - it brings a lot of profit.

It can make you rich like any other virtual or real currency but it can also make you homeless in just 1 second if you are addicted to it and lost all your money.

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March 20, 2018, 05:49:18 PM
 #697

Storing my money as my personal savings bank and see it as my digital assets, Sending money to my brother and buying and purchasing items in the internet sometimes I use it to pay my bills like electricity, internet and water.
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March 21, 2018, 12:43:08 PM
 #698

I used bitcoin for trading and gambling, because in gambling it's easy to stake using bitcoin and it's return high to you and usually change bitcoin into fiat before I use the  bitcoin and trading it can invest our coins to have a highest profit. Bitcoin is really useful and helps me a lot to my need to daily, It gave me a opportunity to do all I wants using my money through bitcoin.
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March 21, 2018, 12:53:37 PM
 #699

I have my tenants of my rental property pay me via bitcoins and ethereum.     

sent from my X6
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March 21, 2018, 12:58:29 PM
 #700

Bitcoin has many option to use,due to its benefits that can help to everybody.I use bitcoin by investing and savings for the future of our family,I take so many risk but still I am continue to love bitcoin by using it in my every day life.
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