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)