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Author Topic: What are you using bitcoins for?  (Read 21145 times)
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October 09, 2017, 10:40:54 AM
 #841

I'm using bitcoins more as an investment. Don't really spend much of it. In fact, I try not to.
I have also same idea since I join bitcoin from that day till now I am going to keep it save because I am waiting for right time when the price go high then I will sell it and start my own business and I am sure I will be success in my dream and also one of my friend he take a advantages from bitcoin with this way he sold his all bitcoin when the price was high.



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October 09, 2017, 11:33:32 AM
 #842

I use bitcoin for trading with altcoin, I think trading with bitcoin is so practical that it does not need confirmation like forex trading that takes a long time to see the funds go in or not.

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October 09, 2017, 12:00:20 PM
 #843

By relying on the capital that I get from bounty campaign generally I use Bitcoin for trading and the profit enough for my monthly expenses .
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October 09, 2017, 02:20:10 PM
 #844

I am solving my money problem that i needed in daily of my family. I converting it into US$ and then into my currency. I am too much in need of money for my family for that reason i am doing campaigning and earning BTC. It is helping me in many ways.

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October 09, 2017, 02:36:24 PM
 #845

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 to buy the altcoin, then I will make money from them
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October 09, 2017, 02:43:49 PM
 #846

Poker!
Do you use bitcoin to play poker? That is all? I am not here to lecture you, but do you not think that it is not worth putting your bitcoins on something like that? I mean if you just tried to collect your bitcoins instead, you would have had much bitcoins in your wallet. Smart people always consider bitcoin as a rule of saving or trading. I am not telling you to stop playing poker, but at least, use it for something else, too. For example, you can play with 30% of bitcoin and use the remaining for something else worthy.
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October 09, 2017, 03:00:01 PM
 #847

Most of the time I use bitcoin for long-term investments, currently I have no other investments other than bitcoin so it becomes my main hope to be rich in the day.
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October 09, 2017, 03:00:49 PM
 #848

I'm currently hodling all of my Bitcoins. If I can afford to buy more, I just do it. I believe that I will be able to buy something expensive with bitcoins which I'm hoarding right now. I don't like spending my BTC right now. I would rather use fiat which value won't increase anytime soon. If I'm selling something on the Internet, I accept BTC payments. I never buy with BTC.

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October 09, 2017, 04:54:18 PM
 #849

I'm trying to use it as an investment
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October 09, 2017, 10:45:40 PM
 #850

I use bitcoin for trading with altcoin, I think trading with bitcoin is so practical that it does not need confirmation like forex trading that takes a long time to see the funds go in or not.
Not only that, in forex you are competing against people with so much money that you have no chance if they decide to crash the market, but in bitcoin, while whales are much bigger than you they are not as big as the forex whales so you have a better chance to make money, besides you do not need thousands of dollars to open an account, you can begin with a few dollars and learn how to trade that way.



.
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[15.00000000 BTC]


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Rainbot
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October 09, 2017, 11:21:23 PM
 #851

They have many can use your bitcoin,Bitcoin it will use for also for buying if they have some stores accepted bitcoin. But we as a have known about bitcoin maybe we use our bitcoin for investment or for trading. And have some others also they cashout maybe need money so thats why they cashout.

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October 10, 2017, 03:20:02 AM
 #852

Investor, Im trying to invest as much as i can for my future plans just trying to observe the market so that i can make a really good decisions in holding or selling. I know that bitcoin is used in black market i think because it is money as long as money is involved there are always affiliates illegal things.

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October 10, 2017, 02:04:55 PM
 #853

I use bitcoins to buy altcoins, move around the space, buying some services here and there, and very rarely withdraw some and change them into fiat. I am planning on using them to purchase some gadgets and such in the future.

Seems that you are a high of discipline. You already have a good plan about your bitcoin as to where and how to use it.  I never tried buying altcoins as I do not know how to have an income with it. 

I use bitcoins to pay my bills and loading up my phone.  That is how I use my bitcoins because the very reason why I am here is that I want to earn an extra income.
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October 10, 2017, 02:28:40 PM
 #854

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 agree and also use bitcoin to buy gaming PC and pieces. But i use my bitcoins to buy things that i want to buy and things that i need in my everyday life, I also give/buy my family what they need in they’re everyday life also. I also use my bitcoin to trade it in trading sites and invest in bitcoin related businesses.
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October 10, 2017, 02:34:14 PM
 #855

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 agree and also use bitcoin to buy gaming PC and pieces. But i use my bitcoins to buy things that i want to buy and things that i need in my everyday life, I also give/buy my family what they need in they’re everyday life also. I also use my bitcoin to trade it in trading sites and invest in bitcoin related businesses.

Are you telling that you earn huge amount of BTC that can cover the needs of your personal and family needs? Well I salute you. I don't know a way here in crypto that can guarantee a fixed profit monthly. Except if you are a good trader or mods here in the forum.

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October 10, 2017, 02:34:47 PM
 #856

Investment currently holding out until we hit that 10k! hopefully within the next 3 years
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October 10, 2017, 02:49:52 PM
 #857

investing in promising projects (usually) and course's "game"
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October 11, 2017, 10:50:00 PM
 #858

I am solving my money problem that i needed in daily of my family. I converting it into US$ and then into my currency. I am too much in need of money for my family for that reason i am doing campaigning and earning BTC. It is helping me in many ways.
Just be careful we do not know if the money we are earning with bitcoin is going to keep coming, what would you do if the value of bitcoin goes down or if you cannot get money through bitcoin any longer, I think since you are using your earnings for such an important matter that you need to try to get a job in your country and only use bitcoin if you have to.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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jagmrx
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October 11, 2017, 10:55:45 PM
 #859

Investor, Im trying to invest as much as i can for my future plans just trying to observe the market so that i can make a really good decisions in holding or selling. I know that bitcoin is used in black market i think because it is money as long as money is involved there are always affiliates illegal things.

Me too, I use it to invest not as payment system or selling all the time. I just collect or buy the Bitcoin not selling it. People need to know that Bitcoin is a good investment, although we cannot know the future of Bitcoin. I just hope that I know the true value of Bitcoin. Right now, the only thing I can do is collecting Bitcoin. Grin Grin Grin
Saifher
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October 11, 2017, 10:58:09 PM
 #860

Right now im just HODLING! But i want to use it in the future to buy everything! Food, Books, Electronics, anything and everywhere!

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