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Question: What do you currently use Bitcoin for the most?  (Voting closed: January 10, 2017, 06:19:05 PM)
A currency - 17 (29.8%)
Long term wealth storage - 34 (59.6%)
Remittance (converting one currency to another) - 6 (10.5%)
Total Voters: 57

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Author Topic: [poll] What do you currently use Bitcoin for?  (Read 2477 times)
fuathan
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January 12, 2016, 12:50:07 AM
 #21

Long term wealth storage but very very long term...  Grin
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January 12, 2016, 12:54:59 AM
 #22

I currently use bitcoin for pay my electric bill and internet bill, but it's also pay my college. and i have gambling habbit, so i can use bitcoin for gambling.
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January 12, 2016, 01:23:23 AM
 #23

# Currency - Receiving and sending transactions, buying some digital goods, etc.
# Investment/Store of value - I am a frequent trader and I hold my coins in my cold wallets mainly to store a part of my wealth.
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January 12, 2016, 01:24:03 AM
 #24

And also trading and buying games online with Xapo...  Grin
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January 12, 2016, 01:26:05 AM
 #25

as many already said , i guess the best use of bitcoins right now is to store them and wait for the price to go up , and that's what im doing
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January 12, 2016, 01:31:13 AM
 #26

I do not have much bitcoin and I am targeting maybe 2.1BTC.

As there is not many things I can buy with bitcoin at my home town, I will just hodl for the time being.

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January 12, 2016, 01:34:24 AM
 #27

Right now, the main reason I am using bitcoin is as a currency. It's an easy way to buy stuff online.

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January 12, 2016, 01:37:57 AM
 #28

for now i still use bitcoin for investment because i see a bright future about bitcoin

i also used for entertainment purpose, like gambling or buy stuff online


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January 12, 2016, 02:17:37 AM
 #29

I use it as a currency, a remittance and at the same time a long term wealth storage. Hal of my coins is saved for my future while half of it is spent on my daily expenses.

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January 12, 2016, 02:50:51 AM
 #30

Long term saving and a little bit spending, depens what i need to buy online.
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January 12, 2016, 03:04:17 AM
 #31

currently all my bitcoins were used to buy paytm wallet balance, so that i can get my bitcoins as fiat indirectly without having verified any proof.
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January 12, 2016, 03:11:48 AM
 #32

Long term saving and a little bit spending, depens what i need to buy online.

That's great. I was use to purchase many things through online before But now I stopped that because due to halving and for my long-term goal I am just saving the bitcoins. All can save and earn better value in future  Smiley
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January 12, 2016, 07:30:35 AM
 #33

Long term wealth storage through investing
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January 12, 2016, 09:25:48 AM
 #34

Speculation, just trying to buy low and sell high.

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January 12, 2016, 09:29:43 AM
 #35

For now I'm using bitcoin to hold with whatever I earn.
So I guess you could also say storage of wealth.
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January 12, 2016, 09:35:43 AM
 #36

What do you currently use Bitcoin for the most?

I intentionally left out an 'other' or 'both' option. I want people to chose from the given options.
I only want to know what your currently using bitcoin for not what you intended to use it as or one day hope to use it as. Only what your currently using it for the most!

Mostly i use it for wealth storage and i see this is the most popular with other people. Bitcoin is excellent for wealth storage imo what other choices do you have... gold when its limits are not known, or housing when its partly backed by gov and your countries army.  I will stick with bitcoin as best option Smiley.
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January 12, 2016, 06:36:32 PM
 #37

For now I'm using bitcoin to hold with whatever I earn.
So I guess you could also say storage of wealth.

That is the right thing to do, I generally use it for wealth storage, whatever I earn I keep a part of it as a saving and rest I use it for remmitances for my family and other which I feel that I can spend I spend it on gambling I am not sure whether I will win or not but I do spend a part of it on gambling as bitcoin allows me to gamble even with a small amount.
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January 12, 2016, 06:41:00 PM
 #38

My Main use of bitcoin this time is for gambling and playing dice, 3 hours faucets then gamble the next day to see if the luck is on my side.
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January 12, 2016, 07:52:33 PM
 #39

I mostly use it for gambling and to buy digital goods, if I see something worth buying i.e., its much easier to send back and forth online, so I'd say I use it as currency more and therefore opted for that in the poll.

 

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January 12, 2016, 09:36:41 PM
Last edit: January 12, 2016, 10:06:07 PM by johnyj
 #40

It will be good to have the word "mostly" or "mainly" to see the focus

As a localbitcoins dealer, I mainly use bitcoin to make some money, is that one of the option?  Grin

- Why do you need bitcoin
 - To buy mining rigs
- Why do you buy mining rigs
 - To mine bitcoin
 Cheesy

I use bitcoin to do any kind of things except as a payment medium, the reason is simple: Why spending precious bitcoin when you can spend fiat money? I have tried a couple of times spending bitcoin to purchase some electronic components, but the amount of work to refill the wallet with same amount of bitcoin is just too much hassle, it does not worth the effort. It is enough that there are exchanges providing conversion 24/7 to your local currency. I treat it more like a foreign currency

There is another thread here with much more reply: https://bitcointalk.org/index.php?topic=1242938.0

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