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Author Topic: What are you using bitcoins for?  (Read 21127 times)
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September 27, 2017, 04:48:54 PM
 #721

As an investor I have been using bitcoin now and I have got some profits and losses, no regrets because every time I only learned new things. I also learnt from different people's experiences and those learnings have saved me from doing  stupid quite some times. Black market users use bitcoin because of the fact that it will be easier for them to use any day than using normal fiat.


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September 27, 2017, 05:04:34 PM
 #722

I'm using bitcoins as my source of income and allowance in my schooling. I want to save some money for using bitcoin so that i can helped my family and buy the things that i want without any hesitation and twice thinking, because i know i can earn profits using bitcoin.
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September 27, 2017, 05:07:26 PM
 #723

I am using Bitcoin to complete my deals and trades online, to buy and sell things online, trading and saving some part for the price increasing in the future. Bitcoin is an asset and could being used to many purposes not like fiat currencies
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September 27, 2017, 05:07:47 PM
 #724

Usually i used bitcoin in the propose of trading. But now i am storing back my bitcoin for future use. I am waiting for the right time when bitcoin price is high then i sell my bitcoin and earn more from it
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September 27, 2017, 05:08:06 PM
 #725

With current situation i am using it for trading and investment.  Currently there are no options in my country to pay by using bitcoins.  So i am using this for developing myself economically.  I used to hold the bitcoin and when the prices are rises i used to sale it to get more profit. I will earn this money to start my own buisness.
At present as a common user of bitcoin, the major usage is on gambling, trading, investment and ICO's. Gambling we risk to earn big, and with trading profiting is possible based on our capital and patience to hold. Investment is done buy and holding, and recently started to invest into ICO's after finding few assets pumping much high after getting listed to exchanges.


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September 27, 2017, 05:09:04 PM
 #726

With current situation i am using it for trading and investment.  Currently there are no options in my country to pay by using bitcoins.  So i am using this for developing myself economically.  I used to hold the bitcoin and when the prices are rises i used to sale it to get more profit. I will earn this money to start my own buisness.

You are confusing, already trading is the one type of investment bro. I do utilize the bitcoin to exchange it for daily purposes since I am completely depend on the bitcoin payment. Now I am converting to invest on buying graphic cards to start mining with the GPU rig set-up.

If you are involves in trading you cannot hold all the times but buy in the time dump is much better to use.
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September 27, 2017, 05:09:39 PM
 #727

Trading is the most important reason, secondly, betting and gambling as it's way easier than Fiat gambling. Buying stuff which includes electronic items, digital books and altcoins. So everything.  Grin
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September 27, 2017, 05:33:48 PM
 #728

I used bitcoin for my personal and family expenses .Bitcoin gave mo all my needed things and paying for my bills especially internet bills.

 It is quite obvious that everyone uses bitcoin in the form of conventional money or fiat by using the exchangers working in different countries for converting it into legal currency for fulfilling the daily needs of life like you paying bills and family expences. This is not the case always ,some people dream about collecting bitcoin and not using them for financial needs instead they have a craze about owning at least some bitcoin from the few circling round the world.
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September 27, 2017, 05:40:23 PM
 #729

With current situation i am using it for trading and investment.  Currently there are no options in my country to pay by using bitcoins.  So i am using this for developing myself economically.  I used to hold the bitcoin and when the prices are rises i used to sale it to get more profit. I will earn this money to start my own buisness.
At present as a common user of bitcoin, the major usage is on gambling, trading, investment and ICO's. Gambling we risk to earn big, and with trading profiting is possible based on our capital and patience to hold. Investment is done buy and holding, and recently started to invest into ICO's after finding few assets pumping much high after getting listed to exchanges.
About ICO's, actually there are not much people use Bitcoin to invest into ICO's. Most of the investors use Bitcoin to buy Ethereum and use Ethereum to buy ICO tokens, because Ethereum has a platform smart contract better than Bitcoin when you start create deal automatic. Smiley

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September 27, 2017, 05:47:18 PM
 #730

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 just want to earn bitcoin to have some extra income. I can save some bitcoin but most of my income from campaigns are used for my daily expenses. I hold all the bitcoin that I can save and I convert only the amount of money that I need for my expenses.
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September 27, 2017, 05:50:24 PM
 #731

I used bitcoin for my personal and family expenses .Bitcoin gave mo all my needed things and paying for my bills especially internet bills.

 It is quite obvious that everyone uses bitcoin in the form of conventional money or fiat by using the exchangers working in different countries for converting it into legal currency for fulfilling the daily needs of life like you paying bills and family expences. This is not the case always ,some people dream about collecting bitcoin and not using them for financial needs instead they have a craze about owning at least some bitcoin from the few circling round the world.

we are in different here so some are using for expenses traditionally happen for all of us here but owning some bitcoin and dream to have a lot is not impossible just to be know your limits using this coin not all the time can be use try to save some and hold to know the real value of it in the near future.
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September 27, 2017, 05:55:18 PM
 #732

I use bitcoin for some reasons. It is easy to use and no need any paper. It's communication is very personal. Even we support our family by earning bitcoin. Even bitcoin can use other service.
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September 27, 2017, 06:05:10 PM
 #733

I used bitcoin for my personal and family expenses .Bitcoin gave mo all my needed things and paying for my bills especially internet bills.

 It is quite obvious that everyone uses bitcoin in the form of conventional money or fiat by using the exchangers working in different countries for converting it into legal currency for fulfilling the daily needs of life like you paying bills and family expences. This is not the case always ,some people dream about collecting bitcoin and not using them for financial needs instead they have a craze about owning at least some bitcoin from the few circling round the world.

we are in different here so some are using for expenses traditionally happen for all of us here but owning some bitcoin and dream to have a lot is not impossible just to be know your limits using this coin not all the time can be use try to save some and hold to know the real value of it in the near future.
we are using it because we want to achieve a thing or simply we want to have anything that we wanted, most of us using it in their daily lives just to make it as their source of income everywhere and everytime that they want to , bitcoin is  life save for everyone else of us.

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September 27, 2017, 07:57:25 PM
 #734

At this time i use my all Bitcoin in some crypto trading site.Some bitcoin stock in my wallet.Because it's rise up any time.Also i use some Bitcoin in beting site.
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September 27, 2017, 07:59:00 PM
 #735

Currently i use bitcoin in cryptocurrency trading site.Some are using in game beting and some are use in my othrt cost.So What are you using bitcoins for?
Share with us.
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September 27, 2017, 08:09:17 PM
 #736

It is very simple for me that i am using bitcoin for my daily life work and some i use for sports betting. How daily life work means i just convert them to fiat currency and use it in my daily life as their is no bitcoin payment shop i have to convert them and use it.
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September 27, 2017, 08:11:25 PM
 #737

It depends on all people, but i dont understand those that use bitcoin only to spend it on extra stuff, it is okay, maybe they like to spend their money and i respect that, but maybe it is the opposite of the real reason of why bitcoin was created for. Saying that you are only earning bitcoins in order to buy gadgets, that is insane.. I also spend my bitcoins, but i re-invest most part of it in order to earn everytime more.


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mriansa
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Activity: 560
Merit: 105



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September 27, 2017, 08:17:52 PM
 #738

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 prefer and make a miner and be a coin retarder, like long-term investors, we need to know bitcoin is very difficult to get and every year the price is always expensive, that's what makes me choose to be a miner and investor for long-term assets.
modous
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Activity: 38
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September 27, 2017, 08:18:04 PM
 #739

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



im using my bitcoin to pay my rental , phone, internet and utility bills through online. im also a gambler that spending almost half of my earnings for betting into sports.
Soon im planning to build a mining rig to mine some coins.

i am using bitcoin for buying cloud mining in the last 2 year, beside that i am using bitcoin to pay utility bills too like you. bitcoin makes my life easy because i can pay without having to go out from my home and i only use scan QR code with my android phone and send the amount to seller. the other thing that i used bitcoin is for investment for my future so i hope with bitcoin, i can make big money in future.

I save the bitcoin. since I do not feel the need to spend it since the mercedes that I have satisfy's my needs and I truly believe that it would worth so much in the future so might as well let it stay. Surely we will reap a much larger fruit in the future if we wait for it to grow more.
solenn heussaff
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Activity: 116
Merit: 16


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September 27, 2017, 08:22:29 PM
 #740

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 haven't used my bitcoins for now but I plan to used it when I enter college, to use it as my tuition fee to also help my parents because here in my country education is so expensive and many youths don't go to school because of it. And I plan to just save my bitcoin first then use it when the time comes.
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