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Author Topic: Percentage of people on this forum who never used their Bitcoin to pay?  (Read 156 times)
makolz26
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December 29, 2017, 05:26:34 PM
 #21

I pay for my Satellite TV service with Dish TV with bitcoin every month.

Additionally, I've made purchases at overstock.com, newegg.com, and my local pizza restaurant while paying with bitcoin.

I generally use bitcoin to pay whenever and wherever I can.
Bitcoin has been very important in my life especially this year since I am using this one for our daily needs, I am as well using this to pay my credit card bills, electricity, water and remitting money to my love ones, actually bitcoin made my life easier since we can transact anytime at less hassle.
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December 29, 2017, 05:26:51 PM
 #22

Hi folks.
Just curious to know, and start this discussion. I believe this is an interesting subject.
The community that started Bitcoin was made of "geeks". Today, more and more "average Joe" are buying Bitcoin. And I believe a big part of it do it to speculate and profit from it, in the short term, middle term or long term.
*for geeks
Yes most of the average Joe's are buying bitcoins to become rich in one day.I mean that is what the definition of a crypto has become.

But do you actually use Bitcoin, to pay for services, or make deposits/withdrawals on sports betting websites, casino/poker, or other things?
Yes obviously.Lot of people do atleast on this forum.You will see entire gambling community here using bitcoins to play for the mentioned games.

To answer my own question, I use it moderately, mainly to bet on sports (for now) but I am extra careful with the bets I place, I don't want to lose any of my investment (and luckily I have not so far).

Do you actually use your Bitcoins to buy anything, or simply hold and speculate like you would do with stocks?

Any comment welcome.
- You can play on a trusted website and never store a lot of bitcoins on an exchange.
- I bought a Pizza with it,twice. (Not a million dollar though)
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December 29, 2017, 06:52:53 PM
 #23

This question honestly hits home pretty hard for me, because this is something that I think about daily and honestly am unsure whether or not i regret my flippant bitcoin usage. I used to have 100's of coins when they were almost worthless and as they became more and more valuable I would use them more frequently for increasingly "regular" purchases and bills. For 2016 I paid my rent all year in bitcoin by selling it on an exchange, while I went through a really tough time financially. 

I always admired the HODLers, because they were able to pull-off something I was unable to. I've used my bitcoins to buy myself dinner, to pay for rent and other bills, I've used it to buy steam games.. I've even wasted some bitcoin on gambling and binary options.

I've been using my bitcoin as a regular currency since I have had the capability to do so, and it has made it so my bitcoin stash is incredibly depleted. I'd say most bitcoin users from the beginning are HODLers though, and i'd expect a very large (silent) percentage of users around here to be those people. A lot of them keep these things quiet though, security reasons; you'd hate to hang onto coins for 5+ years and then have a hacker swipe them away because of a stupid forum post you made.

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