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Author Topic: What are you using bitcoins for?  (Read 21145 times)
Rana590
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August 22, 2017, 01:23:23 PM
 #281

Most of time i spend my bitcoin for my studies. Generally i don't want to spend it because i want to get big profit to holding it. But sometimes in my needed time i use a little amount of my bitcoin. Like urgent mobile/utilities bill, fees on my examination and so on.

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August 22, 2017, 01:28:51 PM
 #282

I'm using it mostly to trade it against other cryptocoins on the exchanges... Unfortunately bitcoin is still not very widely accepted in the country i live - we're usually late to adopt anything tech related, haha. But in the future i plan on using it to do all kinds of things/purchases, its much easier than going through the traditional methods.
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August 22, 2017, 01:30:53 PM
 #283

Investing, black market, black market and black market
Actually, I used bitcoin to buy some altcoin on trading sites and I know that trading is the best sources of income. In addition to that, I also spend my bitcoin in gambling sites even though I know its too risky. Lastly, I use bitcoin to some stuff and I also convert it into fiat that I can use in offline store.

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August 22, 2017, 01:44:04 PM
 #284

Just pure trading and investing on newly open ico.  Sometimes i used my bitcoin to buy  things that i needed in my house.
I never engage in any kind of gambling,  i will only get addicted to it once i try it
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August 22, 2017, 01:48:18 PM
 #285

They pay my electric bill each month now.
BTC already bought me 2- HD6870's for a gaming PC and little hashing and 1-HD5870 to hash away.



True, in bitcoin you can have extra income which you can use to pay your expenditures online and investments so can see it grow with the field where you invest it. Me as a student I spend it in daily expenses and give the half to my parents so I may help them. Bitcoin is very useful no wonder that it is being popularized nowadays and sonner storing so much forum user.
perfect999
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August 22, 2017, 01:48:43 PM
 #286

I presently use bitcoin for my hosting payment, for my domain renewal and other stuff. I use it to purchase some little things online and I exchange it for cash. What could have been better if not bitcoin. Its easier to keep and faster to transact with.

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PizzaBTC
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August 25, 2017, 11:45:23 AM
 #287

I currently use bitcoin to purchase services online and I exchange it for fiat money a lot of times, since the coin can be used for anything, provided its accepted. I use bitcoin to pay my friends and family too.
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August 25, 2017, 11:54:00 AM
 #288

I'm using Bitcoin mostly to participate in ICOs, Trade and for shopping. Bitcoin can practically be used to buy anything, You just need someone to trade with you.
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August 26, 2017, 10:31:59 AM
 #289

Bitcoin is so easy method. i use bitcoin for investing, mining,advertising, poker and i also paying bills by useing bitcoin.
Heyyyrenz
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August 26, 2017, 10:37:32 AM
 #290

Actually i divide my profits into 2. The 30 percent of my profit will go to paper wallet i just want to keep it for my future expenses and for an emergency withdraw and the 70% i withdraw it and convert it to my local currency and buy things i like including clothes, gadgets, shoes and foods of course.
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August 26, 2017, 10:42:16 AM
 #291

Wow! This topic started in 2012!

I don't use bitcoin because i don't have Cheesy

the.scientist
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August 26, 2017, 10:47:00 AM
 #292

I'm surprised how easy is to pay some bills with it. Some services don't even require registration.
flyingcat
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August 26, 2017, 10:52:18 AM
 #293

Wow! This topic started in 2012!

I don't use bitcoin because i don't have Cheesy
Hmm... this is forum about cryptocurrency and Bitcoin, can you tell me if you don't have it, the reason make you talking about Bitcoin in this forum? I think earning 1 BTC very hard but satoshi very easy Huh


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August 26, 2017, 11:08:34 AM
 #294

I am using Bitcoins to grow my capital in terms of fiat because the value of Bitcoins is uncertain. Some people called it a disadvantage and are now asking me how to invest into this, though it is now very difficult for them to buy it at such high prices. I sell them only when I need fiat in hard situations, else saving is the best thing that I am learning as well as using Bitcoins for.
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August 26, 2017, 11:15:32 AM
 #295

I use bitcoin for investment and buy bitcoin for profit.
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August 26, 2017, 12:21:08 PM
 #296

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 in a category of investor because I bought Bitcoin last March 2017 then hold it but just a small ammount maybe $25. I just did it and give it a try but it really work for me. Grin All of my funds received from campaigns will be transfered to my main wallet for me to save it there. I will only convert it into fiat in time of emergency. I choose to hold Bitcoins for future purposes. It is really hard to buy now since the price is very high. My only concern is the high fees also but happen to be no choice. Grin

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August 26, 2017, 12:24:36 PM
 #297

For earning more money  Cool
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August 26, 2017, 12:39:57 PM
 #298

Previously I used to use bitcoins for shopping and mobile recharge purpose but now as price is going higher I believe in saving it for a long term without spending it as now its purely an investment for me so I try to collect as much as I can and hold for the future and I also use it in trading altcoins where the opportunity of growing bitcoins is even more faster.
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August 26, 2017, 12:56:46 PM
 #299

For the moment I use bitcoin for investment and when I have some more I will use it for shopping online.
I see more and more shops online where you can pay with bitcoin, nice evolution

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August 26, 2017, 01:19:25 PM
 #300

Trading is the only place where I am using my bitcoins at a moment and in the past I used to spend it on gambling sites but now with an increase in the price I cannot afford to loose even a small amount of it on gambling so now I have stopped it and invest in altcoins when I feel that this is a good time to buy at lower price.

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