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JarvisTechnology (OP)
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December 30, 2013, 05:55:19 AM |
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I wonder if there is a marketcap of bitcoin gambling world. I mean how much people spend on gambling with bitcoin for all 2013. That would have been great. Also a profit of all websites that allows people to gamble with bitcoin. I am pretty sure that number does not exists but that would have been one huge number  People do seem to spend a whole lot on gambling for some reason , probably that is the only thing they can't do with fiat other than some special places. |
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counter
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March 25, 2014, 06:03:40 PM |
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I'd say gambling seems to be one of more frequent uses but I'd also say charity and illicit substances is also one to not be forgotten. This is all just speculation on my part.
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Kiki112
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March 25, 2014, 06:13:33 PM |
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weed and gambling perhaps other narcotics too |
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WOOHOO
Newbie
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Activity: 48
Merit: 0
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March 27, 2014, 08:38:08 AM |
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Food and Beer.
that's right lol |
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counter
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March 27, 2014, 09:57:00 AM |
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Food and Beer.
that's right lol I was gonna ask you why you say that but after giving it some thought I suspect you could be somewhat right. People to go out to eat and drink with their Bitcoins so it really is possible. |
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hilariousandco
Global Moderator
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Join the world-leading crypto sportsbook NOW!
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March 27, 2014, 12:47:33 PM |
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I still haven't bought anything with them.
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durrrr
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March 27, 2014, 12:52:21 PM |
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a lot of people use their bitcoins for gambling. but you can spend your bitcoins on basicly anything these days. from drugs to a house you can do it all with bitcoin
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skeet
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March 27, 2014, 01:13:14 PM |
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People are now using bitcoins as form of payment for buying different products online from food, clothing, electronics, services rendered and a lot more.
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duhosnyul
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March 28, 2014, 07:37:47 AM
Last edit: March 28, 2014, 07:56:16 AM by duhosnyul |
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I bought some tshirt and cellphone cases before online using bitcoin. But I save and hold my bitcoin. I use paypal to buy things online most of the time.
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Kiki112
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March 28, 2014, 10:14:27 AM |
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we don't, we store them and wait for their price to grow |
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sanjoea
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March 28, 2014, 11:21:18 AM |
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Most of the people withdrawing their Bitcoins instead of purchasing
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mrhelpful
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March 28, 2014, 03:55:03 PM |
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I spend it on hookers and drugs.
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C10H15N
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March 28, 2014, 04:04:52 PM |
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Hookers and Blow
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Only when the tide goes out do you discover who's been swimming naked. -Warren Buffett
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TheButterZone
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Activity: 3010
Merit: 1031
RIP Mommy
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March 29, 2014, 12:28:31 AM |
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People buy physical bitcoins with their bitcoins, and not much else. Nothing I've listed on http://fs.thebutterzone.com has ever sold, for months. |
Saying that you don't trust someone because of their behavior is completely valid.
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boumalo
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Activity: 1904
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March 29, 2014, 03:03:23 AM |
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They hoard them, gamble them, loose them, send some to their friends or get sc.ammed
You can buy anything in bitcoins now but most people keep them to sell them at a profit or gamble them away
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zolace
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March 29, 2014, 05:39:39 PM |
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People usually don't spend their bitcoins,but I saw a lot of people loosing bitcoin on gambling websites .You can buy from food to clothes and services with bitcoins .In Romania we have an 2 pharmacy and 4 restaurants that accept bicoin .
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StephenJH
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March 30, 2014, 01:16:50 AM |
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I've bought all kinds of things... many, many gifts, movie tix, books, groceries, home goods. Mostly via gift cards on gyft dot com. There is a local food delivery service that accepts BTC too, ordered from them a couple times.
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JarvisTechnology (OP)
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March 31, 2014, 08:29:35 AM |
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My recent studies show ( BS , I did not do any studies at all ) People use it to change it to $ and back to BTC do it over and over again until either they are rich and don't want to do more or they lost enough to get out. That and of course gambling. These 2 are the highest numbers of bitcoins used otherwise purchasing something with btc is not yet popular enough to call bitcoin a currency , it is still just a commodity. |
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