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Author Topic: What are you using bitcoins for?  (Read 20962 times)
Wicked17
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August 09, 2017, 04:43:38 AM
 #101

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.
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ReLieD
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August 09, 2017, 05:20:01 AM
 #102

Bitcoin for me is like free money , I just spend them or infact waste them on gaming buying useless costly stuffs that doesn't make any difference in game but is used just to show off. But I even prefer to buy games which are top rated with Bitcoin .
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August 09, 2017, 05:53:01 AM
 #103

for me, Bitcoin is more than a currency. basically, i love Bitcoin because of its high rate increasing price. it is a profitable currency system so a lot of people are getting benefitted through this platform. usually, I like to save Bitcoin for the future purpose. I consider it as a most profitable business system.
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August 09, 2017, 06:11:44 AM
 #104

There are so much expenses dangling on my neck in view of this I usually exchange my bitcoin to fiat so as to pay for my bills and this had been going for quite sometimes until I started holding part of my bitcoin for trading while holding some, I believed that holding this bitcoin will a big investment in the future.
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August 09, 2017, 07:18:43 AM
 #105

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.

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August 09, 2017, 07:25:38 AM
 #106

for me, Bitcoin is more than a currency. basically, i love Bitcoin because of its high rate increasing price. it is a profitable currency system so a lot of people are getting benefitted through this platform. usually, I like to save Bitcoin for the future purpose. I consider it as a most profitable business system.
yeah it's very good to keeping your bitcoin and then use it for future purposes. bitcoin is very match to be investment because it has fluctuative prices. therefore mqny peoples put big amounts of money into bitcoin for investment in short term or even long term.

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fredrickodo
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August 09, 2017, 07:51:28 AM
 #107

I use Bitcoin for investing in my childrens education and e books.
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August 09, 2017, 07:51:39 AM
 #108

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


Wow,people really do such things don't they?Like black market is something that shouldn't exist in the first place but they do and now no one try to stop as everyone is so greedy in this world,that they only prefer money above all things.
I just save my bitcoin and sell when the price is high and again buy when the price is low.

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August 09, 2017, 08:01:41 AM
 #109

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 save it! As simple as that since I don't feel the need of spending it since the fiat that I have satisfy 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.

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Rajamuda
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August 09, 2017, 08:02:01 AM
 #110

I using bitcoin of course to drive my income in addition or pushing my owned company at home. In bitcoin i often mining, investing, and sometimes i use to playing in various games provided by certain sites. Bitcoin also often i spend after i cash it for daily needs at home. Already proven bitcoin i've earning more profits to me.
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August 09, 2017, 08:06:20 AM
 #111

First of all, I use bitcoin to ensure my future. Sometimes if very much I need I can spend my bitcoin to buy equipment, things, food or pay bills through the Internet.

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August 09, 2017, 08:14:32 AM
 #112

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



Miner
Nope, I live in a place where electricity cost is pricey, to say the least, mining Bitcoin would definitely not be effective for me unless by some stroke of luck I hit a block. Plus I don't have the equipment to mine anyway.

Investor
Yeah, pretty much. I save 60 percent of what I earn from signature campaigns and sell the rest. With the money I saved from signature campaigns for rebuying Bitcoin when it is low, long with the money I made selling bitcoin when it was high.

Black Market
Nope.

Other
I use bitcoin to buy stuff Smiley

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August 09, 2017, 08:20:16 AM
 #113

 For me, i used my bitcoin in the way that makes me happy, like buying a motorcycle,  because of buying a motorcycle i will stroll into other place. And i used my bitcoin into the luxury things, like to buy a branded or imported clothes, pants, shoes, accessories, and etc.  And i know that by bitcoin, we are used it in many ways we want to do.
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August 09, 2017, 08:26:18 AM
 #114

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  will choose to be a miner, because by being a miner we can mine a lot of bitcoin in a day. Bitcoin will we get without having to struggle.
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August 09, 2017, 10:52:07 AM
 #115

I Have been using bitcoin  domain name, web hosting and poker . 
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August 09, 2017, 11:10:53 AM
 #116

For now I want to invest in the bitcoin economy (glbse for starter, other projects I might find useful).

I might buy some stuffs like computers things,... if I need to.
Well, I also want to invest bitcoin in trading to gain much income even it takes time to wait. In addition to that, investing  is a good option if you want to gain much income.I also use my bitcoin to buy some altcoin in trading and I will hold it for a long then, I will sell it in the right time when the price of that coin was rapidly increase. Lastly, I think I will also use it to buy some stuff that I really want.

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August 09, 2017, 11:16:59 AM
 #117

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.
That is the same thing i am using bitcoins for, to pay bills, buy clothes and i like gambling too. It really makes life easier and lately i am holding part of my bitcoins because i believe it will worth much more in future and it is good to have some  Smiley
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August 09, 2017, 01:27:59 PM
 #118

I have used my bitcoins for recharging my mobile.I was not able to use my bitcoins for buying any other goods as there are no such services in india which accepts bitcoin as payment.Even i had a plan of buying electronic gadgets with bitcoins.But today on seeing bitcoin's tremendous progress and bitcoin's ever growing price,i have dropped all my plans and just to hold bitcoins as an investment for getting huge returns.

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August 09, 2017, 02:37:03 PM
 #119

I am using bitcoin as a way to grow my money because i am from stock market trading and it only gives me small profit so i find other trading platform until i found the cryptocurrency trading and now i am just using my bitcoins as a capital in trading and i used those profits to buy house and an average car.

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August 09, 2017, 02:43:32 PM
 #120

         As what i can see or I had observe, there are somany uses and many reasons why bitcoin is used, but I also heard about dark net stuffs and they are using bitcoins out there, it is not totally that i knew a lot about it but I before I always heard and get some updates about those goons in the dark net or dark market, and also the term silkroad, even if I didn't fully inderstand it, its kinda mysterious for me.
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