What are newbies doing with Bitcoin?

[Kiki112]

How long have you owned bitcoins?
About 2 weeks

How much have you been spending your bitcoins?
Nothing currently

Are you saving bitcoins in the hope they go up?
Yes,  I believe in bitcoins ability to go up

Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?
I was going to  start a faucet with a free inputs.io code, but since inputs.io crashed I don't think that's going to be an option

What industry/background are you from?
I'm studying mechatronics

[derschreckli]

How long have you owned bitcoins?
A few months.

How much have you been spending your bitcoins?
I launched an inputs.io faucet, mayby 0.1 BTC.

Are you saving bitcoins in the hope they go up?
Yes.

Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?
Yes, thinking about creating my own faucet script. (Is that a business?)

What industry/background are you from?
Student

[RhodaGila]

How long have you owned bitcoins?
About 2 week.

How much have you been spending your bitcoins?
i haven't done anything

Are you saving bitcoins in the hope they go up?
Ya

Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?
Maybe

[raptorf1]

Hola from me too. I am new to all this Bitcoin stuff. I joined the forum hoping to learn a few things.


    How long have you owned bitcoins?

I don't own yet. I plan to though.

    How much have you been spending your bitcoins?

When I buy I plan to spend all in once.

    Are you saving bitcoins in the hope they go up?

Nope.

    Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?

Nope.

    What industry/background are you from?

Retail DIY

[Jacce]

• How long have you owned bitcoins?

A bit more than a month

• How much have you been spending your bitcoins?

Nothing yet

• Are you saving bitcoins in the hope they go up?

Yes, but I'm not making any large investments

• Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?

No

• What industry/background are you from?

Nothing

[Ecurb123]

I think new people are spending them. I know when I first started I just wanted to buy stuff to see how it worked.

[danielW]

I think new people are spending them. I know when I first started I just wanted to buy stuff to see how it worked.

I was very excited about my first purchase,  actually was going to pay by credit card until I noticed there was a bitcoin option. I held of for a day until I received my bitcoins.

[danielW]

Nothing is the best thing to do to Bitcoin.. most people lost their bitcoin in securities and gambling....

Possibly, but I believe for bitcoin too truly take off people have to use to pay for suff and services.

naw, not if it is mainly a store of value like gold. people don't generally use gold / PMs to pay for things like they to with currency.

I have to disagree with you there. Gold has intrinsic value. Bitcoin has intrinsic value only so far as it is being used for transactions.

If bitcoins were held by everybody as a store of value, then it would simply be a speculative bubble.

[tripppn]

So far I've been reinvesting in more mining power using the groupbuys here and cex.io

[lorax2013]

How long have you owned bitcoins?
About 6 months but larger purchase just 2 weeks.

How much have you been spending your bitcoins?
bought lotsa drugs - just kidding - I'm planning to use them when travelling and hold an equivalent amount just in case they continue to appreciate in price.  I hate dealing with traveller's checks, etc overseas and bitcoin seems like it might be the best and safest way to carry money while travelling for an exteneded period.  Also hopefully a nice way to meet some interesting people in each country thru localbitcoins.

Are you saving bitcoins in the hope they go up?
Yeah, that too.

Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?
No, I don't like getting audited - otherwise I would.

What business are you in?
retired engineer, now run online precious metals business

[nikolastm]

I have no idea. I see that the price of BTC is fluctuating but 3% less than paypal is serious incentive
for anybody.

I plan to get involved and give it a shot at least.

we'll see

nikolastm

Hi since many people here are new to Bitcoin, I think it would be interesting to know about what people plan to do in the Bitcoin world.

Some questions I think might be interesting to know:

• How long have you owned bitcoins?

About a week for me.

• How much have you been spending your bitcoins?

I payed for a vpn the day i got my first coins , nothing since.

• Are you saving bitcoins in the hope they go up?

Yes I plan to put in about $7000 and hold it.

• Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?

Yes, but nothing concrete yet, thinking about what I could do.

• What industry/background are you from?

Engineering/Development

[freebird]

• How long have you owned bitcoins?

I bought my first bitcoins in April, after the crash. Averaged in around $120. Had to wait a long time in the red before I started making money -- I held all the way down into the $60s. Although it was frustrating to be sitting on a big loss for a while, I held strong, because I believe strongly in the technology. Now I'm glad I trusted my instincts and I'm amazed at how quickly I've tripled my investment! 

• How much have you been spending your bitcoins?

I won't start spending any until the price is at least above $1000. I expect the growth rate to start leveling off some, but only when it gets into the $1000s. Until then, I think it's time to accumulate as much bitcoin as possible.

• Are you saving bitcoins in the hope they go up?

Hell yeah!

• Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?

Yes, I have a specific business idea to make it easier for people to send bitcoin to each other via Twitter and SMS. I expect to begin working on that by the end of this year.

• What industry/background are you from?

I'm a front-end web developer, writer/editor, organizational development consultant, and entrepreneur.

[OptimusPrime7]

I started out buying miners to mine, and did nothing with my Bitcoins..

[chargers9]

• How long have you owned bitcoins?

bout a week

• How much have you been spending your bitcoins?

No idea how to spend

• Are you saving bitcoins in the hope they go up?

Exactly what I'm doing

• Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?

Thinking about asking my restaurant to accept bitcoins. Their website is terrible, and I'm not sure where I would advertise that they accept bitcoins outside of their site.

• What industry/background are you from?

Pursuing Physics degree

[Tally-ho Soy Sauce]

I buy vpn's and computer hardware. I love bitcoin!!

[R0N1N]

How long have you owned bitcoins?
1 Year

How much have you been spending your bitcoins?
Same here. Used it for vpn.

Are you saving bitcoins in the hope they go up?
Yes.

Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?
Yes.

What industry/background are you from?
Design. Marketing. Web design.

[coreli]

How long have you owned bitcoins?
1 Year +

How much have you been spending your bitcoins?
$6500 - $8000 AUD

Do you currently, or plan to, start bitcoin related businesses or accept them in your existing businesses in the near future?
I'm advocating the use of Bitcoins for a number of non for profit organizations which I'm currently contracted by. Donation forms.

What industry/background are you from?
Developer