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Author Topic: What are you using bitcoins for?  (Read 20962 times)
Daniel91
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August 10, 2017, 02:32:53 PM
 #161

In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait Smiley



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August 10, 2017, 02:49:30 PM
 #162

In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait Smiley

Majority of users have lost their money by investing in those ponzi sites but that was an learning experience for us and now we will never repeat the same mistake as it will be more painful now to loose bitcoins when the price of bitcoins is too high.
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August 10, 2017, 02:54:07 PM
 #163

Hmm... Everyone seems great but i don't really use my bitcoin for something.
I just invest it, and save it. That's all. Sometimes if i have money, i'll buy and sell bitcoin. But i would rather earn bitcoin and keep it though, than using it for something else.


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justspare
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August 12, 2017, 09:14:31 PM
 #164

I have used my bitcoins for recharging my mobile.I was not able to use my bitcoins for buying any other goods as there are no such services in india which accepts bitcoin as payment.Even i had a plan of buying electronic gadgets with bitcoins.But today on seeing bitcoin's tremendous progress and bitcoin's ever growing price,i have dropped all my plans and just to hold bitcoins as an investment for getting huge returns.
Sorry to say this pal, but using bitcoins to recharge your cell phone is the dumbest use I have heard ever. But I appreciate that you are now serious about your bitcoins and have great plans to of investing into this digital currency to earn tremendous profits. A friendly advice, do not waste such precious asset on getting small things. Be patient and smart.
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August 12, 2017, 11:14:16 PM
Last edit: August 16, 2017, 04:42:59 AM by BunnyShibe
 #165

I have used my bitcoins for recharging my mobile.I was not able to use my bitcoins for buying any other goods as there are no such services in india which accepts bitcoin as payment.Even i had a plan of buying electronic gadgets with bitcoins.But today on seeing bitcoin's tremendous progress and bitcoin's ever growing price,i have dropped all my plans and just to hold bitcoins as an investment for getting huge returns.
Sorry to say this pal, but using bitcoins to recharge your cell phone is the dumbest use I have heard ever. But I appreciate that you are now serious about your bitcoins and have great plans to of investing into this digital currency to earn tremendous profits. A friendly advice, do not waste such precious asset on getting small things. Be patient and smart.
i think currently most of the people do not have such facilities to use bitcoin for shopping in local shops, and therefore most of the people are using bitcoin for trading and investment. but in future we can expect that when the user of bitcoin will increase too much then even the local shopkeepers will get courage to start accepting bitcoin from their customers.
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August 12, 2017, 11:39:20 PM
 #166

I used bitcoin most of often in my expenditures such as, monthly bills which are electricity, water, phone, and cable. Aside from that, I used for sending money whether to my family, relatives, friends, and my wife. Moreover, also using it too to buy other investment like buying altcoins.
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August 12, 2017, 11:55:08 PM
 #167

I use it as an investment, I don't earn much but as a student, it is helpful as an extra allowance. I know trading would give me more in return but I needed to provide my needs. I would like to prioritize my studies first. But I am holding some of it. I observe pumps and I always dreamed of saving big from bitcoin.
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August 13, 2017, 12:05:39 AM
 #168

I used bitcoin most of often in my expenditures such as, monthly bills which are electricity, water, phone, and cable. Aside from that, I used for sending money whether to my family, relatives, friends, and my wife. Moreover, also using it too to buy other investment like buying altcoins.
Yes I also use Bitcoin like that, with Bitcoin all feels easy, we can pay electricity and others online. With Bitcoin, I can make my own mining machine without requesting capital to other people or parents.
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August 13, 2017, 12:07:21 AM
 #169

I am using bitcoin because it gives me opportunity to earn. Aside from i mine, I also invest but more importantly i am using bitcoin because I believe that this is the future of money it gives you a lot of features than cash
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August 13, 2017, 12:51:06 AM
 #170

I am using bitcoin as a medium of payment in so many ways. I use it for topping up mobile loads, paying bills, and buying things that I need. Most of the time, I encash bitcoins from my wallet through remittance centers and give the money to my parents. This is how I use my bitcoins. My friends doubted about bitcoins long time ago, but I believed on it, and now, I am earning from it.
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August 13, 2017, 01:14:41 AM
 #171

The miners mine and hold, other mine and sell.

Investors and speculators buy, hold and sell.

You can buy random items in auctions and through the forums.

What are the reasons for the bulk of the bitcoin transfers? I read an article underlying the "dark side" of the internet and TOR network, and they seem to point out that bitcoins are now nearly the exclusive currency for the online "black market" (Note, they are not saying bitcoins are exclusively used for black market transactions)

What have you used bitcoins for?

Miner
Investor
Black Market
Other - explain


Usually, I use my bitcoin to buy stuffs that are really in need but since in my country, there is still no establishments that accept bitcoin, I need to first exchange it into a fiat to buy needed things. Although I cannot use it directly to buy things, I can use bitcoin for investment purposes to add up or gain profit.
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August 13, 2017, 01:22:39 AM
 #172

Ive been holding half of my bitcoins for future use while half of it I have no choice but to withdraw for my every needs. Foods, internet load and many stuff online that is cheap in price.
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August 13, 2017, 01:24:24 AM
 #173

Hold, buy stocks, and then wait. Sell stocks, buy bitcoins, convert, and then repeat.

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August 13, 2017, 01:30:53 AM
 #174

In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait Smiley
There is always a risk in bitcoin investment, the amount of risk depends on investment and what business you choose. If you invest in MLM, ponzi, HYIP, of course the risk will be huge, and maybe what you will get is a loss, I think rather than doing it better just keep silent and hold bitcoin, it's safer
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August 13, 2017, 03:31:32 AM
 #175

I am using it for my daily allowance in school, paying school projects, buying clothes and sometimes watching movies in cinemas, others goes to my parents.

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August 13, 2017, 03:33:15 AM
 #176

buy and HODL waiting the price to go to the moon, im all in islands and lambos or nothing
im a little gambler and i like 1℅ risk  Wink
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August 13, 2017, 03:58:48 AM
 #177

I am using Bitcoin to pay my rent, food, etc. Unfortunately I do not make enough to save it yet. lol

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August 13, 2017, 04:07:04 AM
 #178

Actually there is nothing I am using it for.
It just stays in my wallet and I am just waiting if I will somehow manage to get a profit from waiting.
And as of now, I have earned like $500 in just weeks. This bitcoin is really something and I am thankful I bumped into it.
Maybe I will be withdrawing after a good amount of profit.


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August 13, 2017, 04:37:56 AM
 #179

Actually there is nothing I am using it for.
It just stays in my wallet and I am just waiting if I will somehow manage to get a profit from waiting.
And as of now, I have earned like $500 in just weeks. This bitcoin is really something and I am thankful I bumped into it.
Maybe I will be withdrawing after a good amount of profit.

$500 is a good earning you have and i think if you trying more then you can earn more too. i am saving the most amount of my bitcoin for future like other people because i believe that in future, the price will going to up than now. if i can save more, then i am sure in the future, i can make a lot of money.

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August 13, 2017, 04:46:52 AM
 #180

Im still a newbie but if i earn some bitcoins, i will keep it because many of bitcoin users theyre keeping there bitcoin because bitcoin everyday change the value . but if i will use i will buy internet to use well the bitcoin Smiley
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