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Author Topic: What are you using bitcoins for?  (Read 20962 times)
ekoice
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August 13, 2017, 02:20:06 PM
 #201

Earlier,i used bitcoins for recharging my mobile.Also,i didn't find any other services accepting bitcoin payments in india.I am very much crazy about electronic gadgets.So,had an idea of buying them with bitcoins.But now,on seeing its tremendous increase in price,nearly $4000 i too have decided to stop spending bitcoins and just save it as a valuable investment for the future.
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August 13, 2017, 03:22:45 PM
 #202

Actually, bitcoin is a very helpful in making my life easy. I can use it in my leisure which is when i bet on sports, poker and other games that I use btc for exchange. Also, I use this in business matter, since I am a designer from a known firm, i use btc to pay for advertising and graphic works. Side lines in the bitcoin community also helped me earn with how I sell my artworks, tshirts, mugs and anything I choose to design under the sun.

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August 13, 2017, 03:54:26 PM
 #203

I am using my bitcoins in paying my bills and using the signature earnings as pocket money and I really wish that I could start saving my coins for future and then spend them.
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August 13, 2017, 03:58:47 PM
 #204

I spent a bit of my bitcoins in buying about 4 video cards. I thought it would be nice to have a mining computer at your place that produced bitcoin daily although in very low quantity. Now I regret this decision as I see mining is not really profitable only a few bux daily. I am keeping every single bit of my bitcoins now that I see price today did surpass 4000 mark. I will keep collecting and waiting.

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slackcryptoz
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August 13, 2017, 03:59:21 PM
 #205

I was one among the user who hasn't got much knowledge about the entire digital currency. Right now the major focus of me is to gain as much possible and save it for a bigger profit for the future. This came into my mind when legendary people of digital community predict the future price of bitcoin will be very big.
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August 13, 2017, 04:23:23 PM
 #206

I spent a bit of my bitcoins in buying about 4 video cards. I thought it would be nice to have a mining computer at your place that produced bitcoin daily although in very low quantity. Now I regret this decision as I see mining is not really profitable only a few bux daily. I am keeping every single bit of my bitcoins now that I see price today did surpass 4000 mark. I will keep collecting and waiting.

Well the reason on why most people convert their bitcoin to fiat is because of additional investments or when the need arises. In your case, I guess you should have researched first and asked questions about mining before upgrading your PC but I guess that your decision is inevitable. In my case, I withdrew my bitcoins last month when the prices were around $3300 and I regret it ever since.

Right now being a college student is essential for me to build my path towards my future career. I see bitcoin as something that may help me in constructing my dream house or condominium through investments and campaign signatures. I am able to earn decent amount of money while at the same time studying. I guess that is one of the biggest advantage of bitcoins to students who know how to handle its value and importance nowadays.

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August 13, 2017, 04:30:37 PM
 #207

I use bitcoin to pay for vps and games every month. I bought a video card using bitcoin about last year, but that's the only time i use bitcoin to buy something expensive. Other than that, i use it for gambling sometimes. If there's more merchant in my country accept bitcoin, maybe i'll use it more to buy things.

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August 13, 2017, 04:36:03 PM
 #208

I have brought PC bits and pieces, some subscriptions, I want some Tshirts but have not found a design I want yet, bitcoin from cassicus(sp) but I am mostly saving like I did with fiat that some like to call hoarding
I usually save my bitcoin in my wallet or holding in other words. And when I kept a lot of it im goong to used it to buold a machine shop. Mostly right now i used my bitcoin for loading. And when i want something i used it to buy those things.
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August 13, 2017, 04:36:43 PM
 #209

The reason's why I use bitcoin is to my bills online, investment, trading and often into playing gambling. Well bitcoin for now is keep increasing its value is one the best to use to save bitcoin. Eventually price will skyrocket that until now I still use bitcoin.
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August 13, 2017, 04:36:59 PM
 #210

I am using bitcoin for my studies. And it is clear for me that I should not waste bitcoins for anything that is irrelevant on my focus which is studying. I am trying to think of having it invested on some alternative coins or in bitcoin itself. I think that it would be awesome for me to invest in some coins and become a whale in the future. Hope that there would be a future for me in cryptocurrency.
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August 13, 2017, 04:57:02 PM
 #211

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


If people' will questioned the usage of Bitcoin in every users of course it will always depends on some aspects such as the country where they lived in and the main goal proponent of an individual. We all know that not all countries is fortunate to have a wide developed Bitcoin acceptance on the business and the economic state of one's country. We may obliged to follow some specific regulation. And also the goal which is if someone wants to earn more higher portion of their Bitcoin is aligned on trading, investment and saving. Just how I prefer on using my Bitcoin in a daily basis.

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August 13, 2017, 05:03:24 PM
 #212

as of now i am barely holding it, since as i observe the price in the market is going high. I'm convertinf into cash some litte portion of it for my daily living expense. And i think it's nice to be a full time crypto man.




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August 13, 2017, 06:54:16 PM
 #213

bitcoin has many use for real life.  
im use it for settling my debt and bill. use it one gambling sometime but not often. tend to lose. just be patient on gambling cause it can make you zero again. sometimes when i have no money. i cash it out turn it to our country money and go shopping. but not always as i need it more in exchanges. using to buy more alts coins that i confident to grow up and rises in a matter of time. bitcoin is a need for my life currently to make my life more freedom. im hope i can get hold more bitcoin and more.
Absolutely! Bitcoin most known digital cryptocurrency, since beginning dominated everywhere that's why most populated currency till now. Every sector becomes forced to use this payment method as huge affection.
Bitcoins present worth is stunning. Digital gold is now the most precious asset one can have. It is grabbing more fame gradually and the number of bitcoin holders has also increased now. Using bitcoins to perform routine tasks is important for the future of bitcoins. Also, it will be wise to not spend your entire valuable at present. Keep on getting hands on as many bitcoins as possible.
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August 14, 2017, 01:26:21 AM
 #214

Right now, im using bitcoon only to make money with the grown in the price and sometimes im using to buy things in other countries without laking my identify, but i admite in my major time im only another especulator like anyone.
Schuyler
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August 14, 2017, 01:27:34 AM
 #215

Bitcoin has been a very big help over the last 18 months or so, ever since I discovered it. I was able to spend most of what I earned last year for my son's 1st birthday, and just this year added budget to buy a second hand car. But now that bitcoin is continuously increasing in price, I decided to just hold and save for the future, maybe for my son's education.
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August 14, 2017, 08:56:57 AM
 #216

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
I think holding is also a risk. Because the price whenever it can go down and you should be prepared with it. Holding back also requires patience and confidence because without patience and conviction maybe you will panic when the price goes down and sell your bitcoin, then you lose money. It will be the same as your previous story
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August 14, 2017, 09:02:45 AM
 #217

I am holding it for the moment, even though I am well aware that it's risky. But I reckon that it will probably keep growing, so a waiting stance is probably the best approach.

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August 14, 2017, 09:04:58 AM
 #218

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



I am using bitcoin to buy some other altcoins for trading. I am also maintaining some in my local online wallet to pay for my regular bills. As much as I do not really want to spend them because of its ever increasing value, I need to so I do not have much choice actually.

virtualkeybuyer
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August 14, 2017, 10:33:58 PM
 #219

Bitcoin has been a very big help over the last 18 months or so, ever since I discovered it. I was able to spend most of what I earned last year for my son's 1st birthday, and just this year added budget to buy a second hand car. But now that bitcoin is continuously increasing in price, I decided to just hold and save for the future, maybe for my son's education.
No doubt bitcoin is good to save and now majority of the people are using bitcoin to earn money and to become financially strong as I am using bitcoin to save something for my future and to be ready for my future because we all knows that bitcoin will e most high currency In the future and bitcoin is very helpful as now I can support my family I can fulfill the daily needs of my life I can manage my job along with bitcoin because I can do bitcoin job anytime.
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August 15, 2017, 10:29:54 AM
 #220

Bitcoin has been a very big help over the last 18 months or so, ever since I discovered it. I was able to spend most of what I earned last year for my son's 1st birthday, and just this year added budget to buy a second hand car. But now that bitcoin is continuously increasing in price, I decided to just hold and save for the future, maybe for my son's education.
No doubt bitcoin is good to save and now majority of the people are using bitcoin to earn money and to become financially strong as I am using bitcoin to save something for my future and to be ready for my future because we all knows that bitcoin will e most high currency In the future and bitcoin is very helpful as now I can support my family I can fulfill the daily needs of my life I can manage my job along with bitcoin because I can do bitcoin job anytime.
yes i agree we are almost the same i am using bitcoin today because i want to be  more profitable in the  next coming year or maybe in the near future.it is really good to invest bitcoin today because of its price.
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