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Author Topic: What are you using bitcoins for?  (Read 21145 times)
2taps
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September 27, 2017, 08:26:08 PM
Last edit: October 05, 2017, 08:01:12 PM by 2taps
 #741

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.

I use Bitcoins to gamble, because i like anonymity too much and wanted to keep my transactions and bets private. Always used mixers mostly to sell my bitcoins to anyone and optimized Bitcoins with its best use and I feel great to have it when Bitcoins helped me to marry my daughter with a reputable person.
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Red Fire
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September 27, 2017, 08:28:10 PM
 #742

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 want to use my bitcoin to invest on something but I am afraid at the same time because there are many scammers hiding ouy there. I eagerly wan to do invesment but I don't know where to find a good investing site. I also want to use my bitcoin as my savings for future contradict on my first statement, maybe if I'm on the right age I can decide on a good thing.
lionheart78
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September 27, 2017, 08:43:38 PM
 #743

I use Bitcoin for online purchase and sending fund to my relatives.  I can use Bitcoin directly to online shop if ever I find a shop that accept bitcoin as payment.  This way I do not need to convert it to fiat money to buy stuff.  While i convert my Bitcoin to my local currency to give support to my relatives.  There is a third party processor here that accept bitcoin and processed it to convert into a cash then send it to the remittance center.
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September 27, 2017, 08:50:35 PM
 #744

for making money Smiley


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bluemongrel
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September 27, 2017, 09:28:43 PM
 #745

To get paid for:

my art
random jobs like helping with someone's website or doing reviews
investigating/hunting people down

To pay for:

my email service
VPN
buy gifts for friends
pay for other people's VPNs
donate to sci-hub and other causes without getting flagged
equator
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September 27, 2017, 09:42:31 PM
 #746

I am using bitcoin for trading with altcoins, doing sports betting and poker betting and when ever their is personal expenses to fulfill i have to convert it to fiat currency. More over i am just earning free bitcoins and saving them. Only convert them when eve their is need.
Loope
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September 27, 2017, 11:03:09 PM
 #747

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
Well, as an explorer i used it in order to travel around together with my friends, my family especially, It's seems to be a lucky man with earning a more bitcoins, it is easy for you to be able to go somewhere you want around. Bitcoin have many uses like for fun, for saving, for the seek of your future..Getting together with your friends and classmate during free times..I think bitcoin is the answer for those who problem money, like wise you should make a plan to have a successful life than you ever had  in the past..I don't even know yet what is the use of bitcoin for others. But i think they used it in good way that brings happiness not badness one..

Rabby637
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September 27, 2017, 11:09:31 PM
 #748

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 use bitcoin because i can earn money easily from bitcoin site. Bitcoin price increasing day by day so bitcoin is good also for investment
colivingclub
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September 28, 2017, 06:33:13 AM
 #749

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



It depends probably on the place you live. In some countries you can rent a room in the hotel, buy stuff in the mall, pay in an Aquapark and even buy a coffee. It's all about the time only.
EmJay
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September 28, 2017, 07:11:05 AM
 #750

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 here in bitcoin to earn extra income. Maybe one day if i earn bitcoin I will use it as na investment some maybe I can use it to pay my bills, buy online stuff , daily needs.it's morw on making extra money to help me financially.
oneyesoneno
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September 28, 2017, 07:21:51 AM
 #751

Some services provide tools that may or may not be used for piracy, such as a VPN or Usenet indexer. Bitcoin conducts transactions peer-to-peer, there's no intermediary to prevent the funds from rolling in. As a result, many of these services utilize Bitcoin as their only method.
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September 28, 2017, 07:27:00 AM
 #752

Some services provide tools that may or may not be used for piracy, such as a VPN or Usenet indexer. Bitcoin conducts transactions peer-to-peer, there's no intermediary to prevent the funds from rolling in. As a result, many of these services utilize Bitcoin as their only method.
As of now, bitcoin is just an option for most of the stores whether it is online or offline because bitcoin is not yet famous in most of the people in the country so if bitcoin will become the only method to pay then people will get confused and they will think suspicious about bitcoin. It is better to slowly introduced bitcoin to people before declaring it as an only method.

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September 28, 2017, 09:08:40 AM
 #753

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 here in bitcoin to earn extra income. Maybe one day if i earn bitcoin I will use it as na investment some maybe I can use it to pay my bills, buy online stuff , daily needs.it's morw on making extra money to help me financially.

I am certain that you will be able to do all of those once you are earning bitcoin. That was my goal as well when I was just starting here but I can tell you that by earning bitcoin you will be able to do more things than that. I used my bitcoins for those things and also to pay my school fees. I can proudly say that I am able to help my family financiall because of bitcoin.

For the meantime, you can focus on getting your rank higher because there will be better opportunities coming.

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September 28, 2017, 09:42:46 AM
 #754

Some services provide tools that may or may not be used for piracy, such as a VPN or Usenet indexer. Bitcoin conducts transactions peer-to-peer, there's no intermediary to prevent the funds from rolling in. As a result, many of these services utilize Bitcoin as their only method.
As of now, bitcoin is just an option for most of the stores whether it is online or offline because bitcoin is not yet famous in most of the people in the country so if bitcoin will become the only method to pay then people will get confused and they will think suspicious about bitcoin. It is better to slowly introduced bitcoin to people before declaring it as an only method.
With such circumstances it is not surprising that few people who use bitcoins for their currency or payment methods. besides the problem that expensive fees also burden them. most users prefer to use bitcoin for their investment and profits. I think even though you declare bitcoin to the public and bitcoin is famous though. users will be a little lazy to use bitcoin as payment. because the fee is very expensive. maybe they think that it would be better to shop and pay using fiat that without a fee
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September 28, 2017, 10:05:31 AM
 #755


I use bitcoins to increase even more bitcoins. I participate in Ico interesting and promising, invest in investment projects and participate in Bounty company. I consider the latter to be the most profitable business. If you know how and what to do, you can steadily do 1-5 thousand dollars a month without much effort. I advise everyone!
Frank0209
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September 28, 2017, 10:40:24 AM
 #756

I'm using my bitcoin to pay for my living and buy everything I need. But I still have to exchange Bitcoin into cash to buy or pay for anything cause Bitcoin is not legalized in my country but it's not banned so I still can exchange it on some exchange websites but the exchange rate is a little bit low
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September 28, 2017, 10:55:44 AM
 #757

i used bitcoin for poker, trading, and and some needs in my life for the future. such as saving and buying a home

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September 28, 2017, 11:34:28 AM
 #758

I am using bitcoin for making money. New technology always attract me and bitcoin is a money with new technology . There is nothing similar to bitcoin and as an investment it is very profitable.
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September 28, 2017, 01:27:53 PM
 #759

I am using bitcoin for money and knowledge. Bitcoin is a easy way of income money with out doing any hard work.
It help me to earn extra money which help to fulfill my dream in time.
DIMKAZDS
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September 28, 2017, 01:32:01 PM
 #760

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


Mostly I use my Bitcoins when I want to invest in some upcoming project which appears to be promising to me. I also use my Bitcoins for lending purposes.
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