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Author Topic: What are you using bitcoins for?  (Read 20962 times)
primeminer
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September 20, 2017, 11:26:17 PM
 #641

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?

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I usually use Bitcoin to buy mining machines, long-term investments, and trades because that way I can make a profit. I never use Bitcoin to trade on the black market.
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cepedacharles29
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September 21, 2017, 12:39:00 AM
 #642

I use bitcoin to help poor people and I have set up a feeding program, because our country has poor people and malnourished children and I'm happy because I'm helping my country and as bitcoin I have more people.
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September 21, 2017, 02:38:24 AM
 #643

I used it as an asset and always hoping that it may have a high value in the future and I think it will have and I also used it in trading so that it will also generate as time passes by.
Reez
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September 21, 2017, 02:49:31 AM
 #644

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



Right now, you buy Bitcoin to hold because it is in the store of value stage still. It hasn't scaled to be able to support a global amount of transactions so we must wait until price skyrockets which will be in 5-10 yrs imo.
Boysen
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September 21, 2017, 02:51:14 AM
 #645

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


First of all , iwant to helo my family in financial problems and  i want to earn a lot of btc to become rich or to use this in our daily needs and i use this becuase i want to learn a lot of knowledge about bitcoin.

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September 21, 2017, 02:51:54 AM
 #646

for now I'm still trading, if the possibility of the price starting to fall, I will hold a few days or months. Namukn if the price has crawled up, eat I will sell and I shop for daily needs. And I think bitcoin is very helpful.

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monkeydominicorobin
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September 21, 2017, 02:58:35 AM
 #647

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've used Bitcoin to learn more about cryptocurrency. I've converted it once to learn about Stellar. Which now known as Stellar Lumens.

UsernameBitcoin
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September 21, 2017, 03:09:40 AM
 #648

I'm using Bitcoin to save. Since it truly is sound money it is a fantastic store of value and will only appreciate in price as it's actually a deflationary currency with a scarce amount of btc.
jess04
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September 21, 2017, 03:25:50 AM
 #649

For  me I am using bitcoin, In terms to help me to pay my tuition fee in school, to buy my project, so i could help my family anyway. because as today to earn money it's so hard when you are still a student, Since i join Bitcoin i really wanted to earn as my own and to help my self what should i want to buy. This bitcoin is really important for me. Smiley
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September 21, 2017, 03:30:25 AM
 #650

Bitcoin is my lucky coin.I use it for my shopping pay,My friends due and even in my many daily reason.It has changed my life and make became easier.

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September 21, 2017, 03:37:00 AM
 #651

I am an affiliate marketer, and couple of payment i get in bitcoins, that's how i got into bitcoins. I usually hold it a bit then sell it for profits.
valisa
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September 21, 2017, 04:12:00 AM
 #652

I use bitcoin for investment and also for trading, and I also keep some of my bitcoin for my reserve capital for trading, so suppose I lose I still have capital for it Smiley
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September 21, 2017, 04:31:46 AM
 #653

I have a lot plans in mind when it comes with to Bitcoin. My priority is to invest first so that I could at least start earning in a way. I also plan to use my earnings to pay for my tuition fee, I'm already graduated college but I'm pursuing my master's degree and If I'm blessed enough to earn as much as I can here I would probably invest making my own app, I already have the plan written but I still need to sort some things out before fully focusing on it. Paying my bills is also part of it since my salary as of today can only support my family's need and with the support that I could with Bitcoin it would be a great help for me.
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September 21, 2017, 04:43:22 AM
 #654

Iam Using Bitcoin For Investment And Trading

But Make sure that it will be The future payment
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September 21, 2017, 09:27:50 AM
 #655

I'm using bitcoin for several transactions with my friends. If someone sells a gadget I'm asking him if I can pay for bitcoin and it's fine for him. And starting that day, that's how I'm starting to use bitcoin for my trades with him. But my main use for bitcoin is as an investment, I'm always looking forward for bitcoin as an investment and this is why I keep on collecting bitcoin and strives to earn it.

You should not just consider Bitcoin to be an asset.

In reality, it is meant to be spent. If there are no places to spend Bitcoin then ow in the world could it ever have any value? It simply would have an imaginary value based on nothing as you could not spend it anywhere. So what would be the point?

At the end of the day, you need to be able to spend it, and you should be spending it to encourage mass adoption.

Yah I know that it is meant to be spent but I'm not the only one that treats it as an asset. I know that if no one will spend their bitcoins there will be no market. But come on the fact that many are treating bitcoin as their own asset just like gold. And I didn't said that I'm going to keep my bitcoins forever, as of now it is my asset but later on if I need to spend it don't worry about it, I will.

magmar
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September 21, 2017, 09:33:09 AM
 #656

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 used bitcoins for future purposes, like an investments for my future. Because we all know that bitcoins value always rises, inflates, grow or whatever you called it. And I'm taking advantage to it. I'm keeping all of my profit in my wallet hoping for a passive income because of the growth of bitcoins. I'm also planning to built a business when I have a plenty of bitcoins that I will converted into fiat. And of course my business will involved bitcoin too in order for me to have a lot of bitcoins. And all of my dreams in life will be fulfilled with the help of bitcoins.
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September 21, 2017, 10:10:08 AM
 #657

I am relatively new to BTC. So far using for following:

- Online Investment
- Buying AltCoins for portfolio.

I am preparing a basic portfolio of altcoins gradually. So most of the BTC I buys, are used for buying altcoins. Once, its done, I will be equally investing in BTC and altcoins.

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September 21, 2017, 10:33:57 AM
 #658

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 mostly used bitcoins to buy items online and buy altcoins on exchanges online.  but bitcoin has a many uses not only online but also offline some country use already bitcoin on restaurants and malls and even have their own bitcoin atm.
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September 21, 2017, 11:23:01 AM
 #659

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


As for me, there are many uses for me. I will use bitcoins for my future purposes. For example some investments for my future. Because as we all know, bitcoin value always rises or goes down and or inflates And I will take advantage to it. I will be keeping all of my profit in my coin wallet for me to have some profits. I'm also planning to have a business in the near future when I have already a plenty of bitcoins.

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September 21, 2017, 02:21:46 PM
 #660

Pretty much anything - I shop with it from time to time, investing, trading and so on.
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