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Author Topic: What can i do with Bitcoin?  (Read 19035 times)
Kuriko (OP)
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February 26, 2017, 09:43:23 AM
Last edit: March 02, 2017, 03:30:33 PM by Kuriko
 #1

Recently Bitcoin got allot of investments, people are holding Bitcoin in wallets and expecting huge returns, but also questioning how i can use Bitcoin?
In my opinion most interesting ways to use Bitcon:

1. Travel to Bitcoin City Arhnem in Netherlands
2. Travel To Bitcoin Country Liberland

Also while we keep Bitcoins in our wallets sometimes we want more returns and we are looking where to invest Bitcoin?

Wanting more returns can burn your Bitcoin, because altcoins are copy of Bitcoin and created to scam you, just like high yield investment programs, bitcoin doublers, etc...
The concept of digital currency is created by Satoshi Nakamoto and no matter what revolutionary idea altcoins advertise they will fade away.
Bitcoin have no competitors and any altcoin idea can be implemented in Bitcoin.

Only if you are willing to analyse allot, track the news and know when the dump will come you can profit from these altcoins while they alive.
Because no matter what i will say people will invest in altcoins expecting that someone will rise like Bitcoin and they Become millionaires.
Yes we can become millionaire from altcoins, but keep mind that they will fade away and know when to get out the boat.

Ethereum, Monero, these altcoins had potential to make you millionaire, but not anymore, they will fade away too.
I understand the psychology of investors and how media effects investments and i made a profit from them.
For example with Monero, public information been available when  DeepWeb market "AlphabayMarket" integrate Monero.
Know when altcoin attracts huge investments and invest before.

Other way to use Bitcoin:
Trade stocks and forex with Bitcoin

How do you use your Bitcoin?

UPDATE:

I researched all the Altcoins and can say that Dash will win against Ethereum and possible even Bitcoin.
Dash solves problems that Bitcoin now have.
Dash have instant transactions, private sending, almost no fees and it's self fundable, all developers, masternodes, miners get's the percent.
Recently anonymous user submitted article about Dash in our page:

http://www.buywithbitcoin.info/if-bitcoin-will-not-progress-dash-will-overtake-bitcoin/

AjithBtc
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February 26, 2017, 10:11:54 AM
 #2

I earn a very little from the faucets. Those small amount was used for the transaction fee and for the small betting. With bitcoin right now we can do all sort of things that's possible with fiat.

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February 26, 2017, 10:19:24 AM
 #3

I pay my taxes with bitcoin, i trade bitcoin and i used bitcoin to buy your deepweb guide package Smiley
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February 26, 2017, 10:23:44 AM
 #4

I agree with you that is the real potential and the nightmare of the banks. That is, to use it according the Nakamoto's vision; as payment system and not only as commodity. So,

I like to buy things from online shops without the danger when it asks from me to give the details of my credit/debit card.
Taking part in online betting sites for the same reason.
Moreover, I would like to travel abroad using only my bitcoin wallet where there will not be any reason to convert fiat from country to country. In addition in case somewhere the local residents are accepting only fiat I could have the chance to convert btc to local fiat in a crypto ATM machine.
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February 26, 2017, 10:34:33 AM
 #5

Im earning bitcoin on many ways its either on trading and some on signature campaigns and sometimes i do buy sometimes small amounts of it and i save it for future use and if theres an emergency i do spent some of it because i believe bitcoin do increase its price in the future even more.

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February 26, 2017, 10:56:10 AM
 #6

I use bitcoin to buy all daily needs me and the family and partly I save for my future
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February 26, 2017, 11:01:19 AM
 #7

I'm excited to use bitcoin Wink
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February 26, 2017, 11:06:23 AM
 #8

I'm new to this and I don't have a lot, but i'm waiting for the stores in my area to start accepting it. It would be ince to go out shopping with a bitcoin wallet only, no cash and no cards and every store along the way would have a BTC sign on it  Smiley It would be a completely new experience, like a step into the future.
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February 26, 2017, 11:11:23 AM
 #9

More convenient to do transactions when buying digital goods like VPN/VPS/Games, more importantly there is no country/location restriction.
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February 26, 2017, 11:17:13 AM
 #10

It would be a great initiative to use bitcoin for international travelling but at this moment bitcoin is still in beta mode so anything associated with it is classified as a risk. Currently, there are almost no merchants in my area to spend bitcoins offline so I spend, invest it online and save some in cold storage. I am sure in next few years we will have a good picture in payment infrastructure.
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February 26, 2017, 11:20:22 AM
 #11

I invest in Bitcoin... just buy and hold it forever...
the only thing i spend bitcoin on is gambling and buying digital goods
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February 26, 2017, 11:32:54 AM
 #12

Recently Bitcoin got allot of investments, people are holding Bitcoin in wallets and expecting huge returns, but also questioning how i can use Bitcoin?
In my opinion most interesting ways to use Bitcon:

1. Travel to Bitcoin City Arhnem in Netherlands
2. Travel To Bitcoin Country Liberland

Also while we keep Bitcoins in our wallets sometimes we want more returns and we are looking where to invest Bitcoin?

Wanting more returns can burn your Bitcoin, because altcoins are copy of Bitcoin and created to scam you, just like high yield investment programs, bitcoin doublers, etc...
The concept of digital currency is created by Satoshi Nakamoto and no matter what revolutionary idea altcoins advertise they will fade away.
Bitcoin have no competitors and any altcoin idea can be implemented in Bitcoin.

Only if you are willing to analyse allot, track the news and know when the dump will come you can profit from these altcoins while they alive.
Because no matter what i will say people will invest in altcoins expecting that someone will rise like Bitcoin and they Become millionaires.
Yes we can become millionaire from altcoins, but keep mind that they will fade away and know when to get out the boat.

Ethereum, Monero, these altcoins had potential to make you millionaire, but not anymore, they will fade away too.
I understand the psychology of investors and how media effects investments and i made a profit from them.
For example with Monero, public information been available when  DeepWeb market "AlphabayMarket" integrate Monero.
Know when altcoin attracts huge investments and invest before.

Other way to use Bitcoin:
Trade stocks and forex with Bitcoin

How do you use your Bitcoin?


Altcoin are definitely a best way to grow you bitcoin.Holding bitcoin will not multiply it as bitcoin is not PoS.It value may increase but if you hold 1 btc for 10 years, you still have 1 btc.
If you invest same btc in Altcoin when they are cheap,you can grow it many times.
I have myself invested some small amount in Altcoin and mede 2x-3x profit.

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February 26, 2017, 11:44:06 AM
 #13

I'm excited to use bitcoin Wink

because you're still a newbie course you have not so much in using bitcoin, after the next few months you will be thrilled with bitcoin because you can have income from bitcoin

welcome to the bitcoin kept the spirit and success


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Senor.Bla
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February 26, 2017, 12:00:48 PM
 #14

What makes sense to do with Bitcoin?
Using Bitcoin makes only sense in a few situations. Using it as currency in daily situations makes no sense to me. You support the network and ecosystem and help Bitcoin to grow, but other than that it makes more sense to hold. As long as Bitcoin will keep going up in price it makes no sense to spend Bitcoin as it would be wasting money. There are exceptions. If you want to do some transactions anonymous. But monero is better suited for that. So I would prefer to use this altcoin that is not a scam as you can see. Same goes for ETH. You want to use Bitcoin because of some smart contract type needs. ETH can most likely do a better job. The advantage Bitcoin has right now is that it is wider known and better implemented, but this will change. Sending money somewhere far with low fees. Bitcoin can do that, but other altcoin can to and probably cheaper. So to conclude. You can make a lot with Bitcoin, but right know there are only a few things you need to do in Bitcoin (like pay your ransom). Bitcoin should improve, because other altcoins can do stuff too and even better.

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February 26, 2017, 12:06:02 PM
 #15

You can lend them to gain interest and watch them grow. You can then exchange them for cash using coin base buy/sell bitcoin platform or find a trusted trader on localbitcoins.

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February 26, 2017, 12:10:26 PM
 #16

I have topped up my mobile several times with bitcoin. My first choice is bitrefill to do this and they have comparatively very low fee. This is one of the good way to spend bitcoin in small amount if you can't spend it in your local store.

 
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February 26, 2017, 12:33:06 PM
 #17

well you just mentioned travelling to another country and investment as usage of bitcoin. but there are more than that. for example there are lots of little and big services online that you can spend bitcoin at
such as buying games through so many store or the biggest one Steam.
or paying for your subscriptions such as your VPN subscription.
or one of the famous ones is buying gift cards super cheap from sites like Gyft.com

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February 26, 2017, 12:37:51 PM
 #18

I use bitcoin almost for any online purpose, like top up my mobile phone, purchase domain, vps, vpn and sometimes beting. Yup bitcoin is the simplest for paying those things. However i feel regret, you know what the price is 1,145 dollars at this point and i had already spent my 3 bitcoins for those things, i actually spent them when the price was really low, well if i hadn't spent those amounts i would hold more than 3k dollars right now.
I think the interesting way to use bitcoin is buy something that you can't buy with your fiat, that's it.
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February 26, 2017, 12:38:18 PM
 #19

Recently Bitcoin got allot of investments, people are holding Bitcoin in wallets and expecting huge returns, but also questioning how i can use Bitcoin?
In my opinion most interesting ways to use Bitcon:

1. Travel to Bitcoin City Arhnem in Netherlands
2. Travel To Bitcoin Country Liberland

Also while we keep Bitcoins in our wallets sometimes we want more returns and we are looking where to invest Bitcoin?

Wanting more returns can burn your Bitcoin, because altcoins are copy of Bitcoin and created to scam you, just like high yield investment programs, bitcoin doublers, etc...
The concept of digital currency is created by Satoshi Nakamoto and no matter what revolutionary idea altcoins advertise they will fade away.
Bitcoin have no competitors and any altcoin idea can be implemented in Bitcoin.

Only if you are willing to analyse allot, track the news and know when the dump will come you can profit from these altcoins while they alive.
Because no matter what i will say people will invest in altcoins expecting that someone will rise like Bitcoin and they Become millionaires.
Yes we can become millionaire from altcoins, but keep mind that they will fade away and know when to get out the boat.

Ethereum, Monero, these altcoins had potential to make you millionaire, but not anymore, they will fade away too.
I understand the psychology of investors and how media effects investments and i made a profit from them.
For example with Monero, public information been available when  DeepWeb market "AlphabayMarket" integrate Monero.
Know when altcoin attracts huge investments and invest before.

Other way to use Bitcoin:
Trade stocks and forex with Bitcoin

How do you use your Bitcoin?


Altcoin are definitely a best way to grow you bitcoin.Holding bitcoin will not multiply it as bitcoin is not PoS.It value may increase but if you hold 1 btc for 10 years, you still have 1 btc.
If you invest same btc in Altcoin when they are cheap,you can grow it many times.
I have myself invested some small amount in Altcoin and mede 2x-3x profit.

I have thinking just like you, and I think that would be the great way to growing your fund (in this case is bitcoin). I'm studying and trying to invest my money in Altcoin now and there are many profits (to me), I don't think that amount is big to many people, but according to me, with that interest and in just very short time that I get profits from Altcoin, I think this investment is suitable for me and not very hard to learn about.
hero1111
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February 26, 2017, 12:38:48 PM
 #20

I want to tell about my experience with bitcoin , i sent money to my friend with bitcoin , i make bet so many times and i lost and i earn money with bitcoin in gambling and i invested in the stock market with bitcoin . I paid to my dept to my friend with bitcoin ... , i could do these things with bitcoin till now and i will do different things with bitcoin day by day !
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