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Author Topic: What can i do with Bitcoin?  (Read 19079 times)
passivebesiege
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March 01, 2017, 12:39:17 AM
 #81

There is a lot of things to do with your bitcoins you can store it in a cold storage where you will have the same like savings account in the bank but more secure and higher return. You can also invest it in different kind of investments like ICOs,Altcoins etc. You can also buy things with your bitcoin but make sure first that the site is accepting bitcoin as a payment. There still a lot of things or way to do with your bitcoins and those are just the common ones but if you study bitcoin even further then you will discover a lot of things.
There will be a new business will open and accept BTC as a payment method for now there is many ways to use it. There are some country already use BTC for bills payment you can also buy things online using your BTC now.
I will not be surprised if this year many company will open accepting BTC as payment.
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March 01, 2017, 01:20:39 AM
 #82

Sorry I don't have bitcoin now, but only collecting some few of satoshi's in bitcoin faucets which is freebitcoin.io every hour. then while waiting I read most often in the different thread section only.
actually there are many other methods than the faucet does not need capital. I think you have to read more articles on this forum. there are many methods that you can explore in addition to faucets. you can use bitcoin for anything
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March 01, 2017, 02:13:23 AM
 #83

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?


There's a lot thing you can do in bitcoin. It can use as currency in many ways just like the normal money. It can helps yoi to some bussinesses and it can use as sub money when you buying things. Some shops and other establishment accept bitcoin now. You can easily pay some things without bringing some money all you need is to bring your bitcoin wallet. Other way around, you can invest some of it in able to earn while spending it. The income in bitcoin is very good and surely if you earn it in good way, you'll have a good profit. Smiley



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March 01, 2017, 02:37:18 AM
 #84

Bitcoin have many uses you can invest it or cash it out. Thats why bitcoin is the best for extra income or you can focus to it to earn more money. My friend has no work but am happy to him he made more money by doing investing trading and also here in forum.
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March 01, 2017, 02:43:16 AM
 #85

I think it's currently possible to do anything with Bitcoin, because there are already debit cards for Bitcoin, and there are also services that allow you to pay your bills with Bitcoin. The problem is that such services have high fees.
It would be more interesting if you could buy things using Bitcoin directly, without relying on such services. It's just a matter of time anyway...
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March 01, 2017, 03:12:03 AM
 #86

Bitcoin can used in everywhere, not only travelling. For example, last year I bought a new smartphone with bitcoins. It appear new and new places that accept bitcoin as payment, so I think in nearly future it will not be a problem to buy whatever with bitcoins directly.
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March 01, 2017, 03:42:48 AM
 #87

bitcoin have many benefits for us, we can use bitcoin to buy something in internet and in the future we can buy it from offline store, we can save our bitcoin in our wallet, we can doing trading with our bitcoin, and many else that i can not mention. i think by learning and read about bitcoin, we can know more info so we can thinking what exactly we want with our bitcoin.

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March 01, 2017, 06:45:32 AM
Last edit: March 12, 2017, 05:57:00 AM by hajimasan
 #88

its your money do anything you want to do with it. its not property of any government so throw it, destroy it and so whatever you want. buy your dream with it, do trading and make profit with it.
And why not you should make trading Because if you have no idea to use your bitcoin in better way then use it for the trading .
Because this is only trading with that you can grow your bitcoin easily . If in the future you have better amount of money ( in any form bank money or bitcoin ) then you can start any project to make big earning .
Because this is the money that helps us to increase our mind to make more and more profit .
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March 01, 2017, 06:50:21 AM
 #89

Sorry I don't have bitcoin now, but only collecting some few of satoshi's in bitcoin faucets which is freebitcoin.io every hour. then while waiting I read most often in the different thread section only.

For newbies, it is okay to earn some free coins from these faucet sites, but in the longer run, these are a waste of time because you get very less money for the time you spend on those sites. So slowly find ways to earn more for the same time your spending online. After some time you can join any signature campaign then you earnings will better.
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March 01, 2017, 06:58:01 AM
 #90

yea its your money  and do anything you want. buy gifts, games and whatever you want. finally its your money and you are the bank of your money. so act accordingly with your money.
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March 01, 2017, 02:29:01 PM
 #91

There so many ways that we can do about in bitcoin, For what I do to my bitcoin, everyday I used to buy other altcoin in the exchange platform to do some trade, and then sometimes I send money to my relatives through bitcoin and once a week I do transaction to convert some of my bitcoin into a real money for me to have an allowances for the whole week budget.
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March 01, 2017, 02:49:56 PM
 #92

It's like any coin, you can trade or buy with it
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March 01, 2017, 02:53:40 PM
 #93

There so many ways that we can do about in bitcoin, For what I do to my bitcoin, everyday I used to buy other altcoin in the exchange platform to do some trade, and then sometimes I send money to my relatives through bitcoin and once a week I do transaction to convert some of my bitcoin into a real money for me to have an allowances for the whole week budget.
Absolutely right. With bitcoin which treat as digital currency you are allowed to take different types of online service. Simply set by a wallet, It's possible to get purchase goods or many items using bitcoin the digital currency. It's safe, secure and pretty first service. They're also available exchange, mining and so on.
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March 01, 2017, 03:07:43 PM
 #94

The things you can do with Bitcoins are:
Invest
Play online-casino
Gamble
Mining
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March 01, 2017, 03:16:16 PM
 #95

There so many ways that we can do about in bitcoin, For what I do to my bitcoin, everyday I used to buy other altcoin in the exchange platform to do some trade, and then sometimes I send money to my relatives through bitcoin and once a week I do transaction to convert some of my bitcoin into a real money for me to have an allowances for the whole week budget.
Absolutely right. With bitcoin which treat as digital currency you are allowed to take different types of online service. Simply set by a wallet, It's possible to get purchase goods or many items using bitcoin the digital currency. It's safe, secure and pretty first service. They're also available exchange, mining and so on.
Yes, as you said, There is many good ways to doing by using bitcoins. We can doing anything with btc,  The simplest things is converting them to real money.
For me, I like saving my bitcoins, I save around 70% of my profit per week in my web wallet. because i think that bitcoin price will increase more in the near future.
30% of my weekly bitcoin, I used it for buying staff in the internet or Trading, sometimes i do gambling too.

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March 01, 2017, 03:46:25 PM
 #96

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?



What do you mean by How do you use your Bitcoin? , because this could mean two things, its either you are asking on how do I use my bitcoin, literally, or how do I use my bitcoin, on buying stuffs, trading something like that.

So, let's go back to your question on how do I use my bitcoin, or let's just say, where do I use my bitcoin . Well, most of the time, I am just using my bitcoin on buying stuffs online that only accepts bitcoin as a payment, I am not using it on the everyday transactions that I am having, because I am avoiding that as much as possible. My point on not using bitcoin on that is, why use bitcoin if we could use fiat on our expenses everyday, on the stuffs that we are buying in the real world, and using bitcoin for those is not worth it at all.

Bitcoins price is always fluctuating, almost every minutes, and this time, bitcoins price is dancing on a good price, and using it on our daily expenses will just make our profit on holding our bitcoin disappear. so, let's be wise and think first before we spend our bitcoin in to something, just an advice. Smiley
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March 01, 2017, 08:42:15 PM
 #97

I'm thinking about using bitcoins to trade with altcoins and hopefully make some profit from it. As you said we can sometimes expect a certain altcoin to grow like Monero did, or Ethereum. I am going to start researching about that in order to get more useful information.

Bitcoin for the win
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March 01, 2017, 09:55:04 PM
 #98

You can used bitcoin in many ways like you can trade it to earn more or invest it and you can cash out to use it for your need. That is the bitcoin can do in my daily life thats why i love to earn more bitcoin to cash out it and deposit money in my bank account.
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March 01, 2017, 11:31:45 PM
 #99

I use it on trading and for payments on some online stores.
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March 01, 2017, 11:44:55 PM
 #100

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.


This is the ease us in using bitcoin, do not bear the risk when we go out of the country with so much money, with their bitcoin will certainly help us in the move anywhere, we will not fear a lack of money for the stock BTC safe on the wallet, the advantages of using bitcoin price universal wherein where at the market price, in contrast to us with the money we have to first convert to the dollar, while the currencies of our prices are low


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