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Author Topic: What are you using bitcoins for?  (Read 21291 times)
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August 13, 2017, 04:53:58 AM
 #181

Im still a newbie but if i earn some bitcoins, i will keep it because many of bitcoin users theyre keeping there bitcoin because bitcoin everyday change the value . but if i will use i will buy internet to use well the bitcoin Smiley

The first phase minimum we have sufficient daily needs and electricity needs including internet quota. After that our income will increase along with the rank upgrading process, and we can follow the various campaigns that exist, all tokens obtained can we exchange on the market, all require the process and experience.

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August 13, 2017, 04:56:30 AM
 #182

I often use bitcoin for gambling, investing, trading coins, and cashing out it and then spending what i want. Bitcoin as a driver of my income also on daily, i can't be far from bitcoin. Bitcoin is very important to me, it's can making colors on my life.

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August 13, 2017, 05:18:56 AM
 #183

bitcoin has many use for real life. 
im use it for settling my debt and bill. use it one gambling sometime but not often. tend to lose. just be patient on gambling cause it can make you zero again. sometimes when i have no money. i cash it out turn it to our country money and go shopping. but not always as i need it more in exchanges. using to buy more alts coins that i confident to grow up and rises in a matter of time. bitcoin is a need for my life currently to make my life more freedom. im hope i can get hold more bitcoin and more.
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August 13, 2017, 05:28:41 AM
 #184

bitcoin has many use for real life.  
im use it for settling my debt and bill. use it one gambling sometime but not often. tend to lose. just be patient on gambling cause it can make you zero again. sometimes when i have no money. i cash it out turn it to our country money and go shopping. but not always as i need it more in exchanges. using to buy more alts coins that i confident to grow up and rises in a matter of time. bitcoin is a need for my life currently to make my life more freedom. im hope i can get hold more bitcoin and more.
Absolutely! Bitcoin most known digital cryptocurrency, since beginning dominated everywhere that's why most populated currency till now. Every sector becomes forced to use this payment method as huge affection.

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August 13, 2017, 05:49:20 AM
 #185

In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait Smiley
Well, hyips were very common in the past and many people had been tricked to invest in those ponzi scheme. We should do something to destroy them forever. Wink
It is good to know that you can still earn money from bitcoin after many loss. If you want to earn more money, learn to trade bro. Trading always bring us a lot of money Cheesy

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August 13, 2017, 06:04:46 AM
 #186

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 using btc for multiple purpose .
At the first i uses my btc fir the investment in again trading purpose , so that i can grow my business in this field .
Secind use of the bitcoin by me to make fun with the money by playing gambling games in the nitrogensports.eu and cloudbet .
Third way is to use to get some cash in my bank , so that i can make sure that i have my money earnings in my bank account and in any emergency i can use them for my urgent needs .
So here i think using for every purpose .
But in this month my total earnings used my me to buy domain & Host service and spent for the devlopment of my site .
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August 13, 2017, 06:36:34 AM
 #187

Btc is very easy to use than credit and debit cards as they ask many informations and stuffs.I usually use btc for buying game items,subscriptions ,VPNs and some gambling  .
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August 13, 2017, 06:40:42 AM
 #188

I am currently using the bitcoin to lend it to my friends and family in exchange with valuable goods as mortgage. This is working for as I'm taking 2-3% interest rate on weekly basis which is good strategy to attract them. They usually get the bitcoin from me and convert to fiat to use as paper money. Once they are in the position to return the bitcoins I will first calculate the interest rate and then they will buy equivalent bitcoin for me. As the price is increasing it is benefiting me more and more now a days. Its like taking double interest rate one form the customer and another from the increased value. Rest I will use it to buy alt coins from the trading market. I don't use it for black market. Really hate the scams and Ponzi stuff.
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August 13, 2017, 06:42:44 AM
 #189

i used bitcoin to help my parents in our daily needs and to support my siblings to have a better future.
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August 13, 2017, 08:20:33 AM
 #190

I am investor I trade altcoins and tokens in the market it's given good profit for me like recently bqx and mco has given good profit and am waiting dimcoin and skincoin to be pump holding that . I am completely using bitcoin for trade .
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August 13, 2017, 08:23:51 AM
 #191

1. Exchange it to local currency .
2. Gamble ( mainly poker )
3. Trade
I am pretty sure these are the things which majority of the bitcoin users do .



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August 13, 2017, 08:43:29 AM
 #192

I use bitcoin in exchanging to local currency. I'm using it in that way because i'm working online by joining online advertisement campaigns and getting paid through bitcoin. The amount of bitcoin i earned is converted to a local currency so that it can be in offline transactions to buy the things i needed in everyday living
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August 13, 2017, 12:29:05 PM
 #193


With the availability of hundreds of stores now, Im using it for shopping online and buying cheap miners from the forum itself. Bitcoin makes it easy when I have to buy something in USD value. It feels very cheap to buy as bitcoin price has grown so much now a days. I just love it the way it is working currently. In my country few clubs are present which gives away beer in exchange with bitcoin by scanning the QR codes. Very easy to do purchases and I am meeting new people at the club who gives out so many ideas to use the bitcoin really.

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August 13, 2017, 12:45:17 PM
 #194

In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait Smiley
I've also used bitcoin to invest in hyip and ponzi, and that is my biggest mistake in bitcoin. Because I lost more than $ 400 in just one investment on a ponzi site. And I'm so sad about it, and I'm not going to do that anymore. Better to hold bitcoin, easier, safer, and profitable
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August 13, 2017, 12:58:15 PM
 #195

In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait Smiley
I've also used bitcoin to invest in hyip and ponzi, and that is my biggest mistake in bitcoin. Because I lost more than $ 400 in just one investment on a ponzi site. And I'm so sad about it, and I'm not going to do that anymore. Better to hold bitcoin, easier, safer, and profitable


holding is very easiest way to gain up your bitcoin and potential to getting profit without doing tired job moreover holding bitcoin only has very little risk due to the price of bitcoin always growing up significantly.
you can buy as much as possible according to your finances. many peoples are holding now you can see on bitcoin graph it keeps goes up and very profitable

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August 13, 2017, 01:10:01 PM
 #196

When bitcoin prices have increased drastically, I rarely use bitcoin for online payments via bitcoin like paying utility bills and internet.
Now i use bitcoin for trading and investment purposes although small but i always save from my earnings from trading and signature campaign results that exist in this forum.
Lol of course because it is more profitable? Looking at the current bitcoin price I very rarely spend my bitcoin. I feel that it is unfortunate to spend when bitcoin prices are rising because it will be more profitable if you hold and then sell it when the price goes up high
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August 13, 2017, 01:10:26 PM
 #197

1. Exchange it to local currency .
2. Gamble ( mainly poker )
3. Trade
I am pretty sure these are the things which majority of the bitcoin users do .

That's correct, I duse mine for virtually the same things you listed above plus I hold the majority of them hoping to profit in the future. I gamble on soccer (good , the season just started) and exchange my earnings for fiats. As we develop further I hope more avenues will be created for us to use Bitcoin.
deppil
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August 13, 2017, 01:48:37 PM
 #198

When bitcoin prices have increased drastically, I rarely use bitcoin for online payments via bitcoin like paying utility bills and internet.
Now i use bitcoin for trading and investment purposes although small but i always save from my earnings from trading and signature campaign results that exist in this forum.
I think it's just when you're buying something or spending bitcoin when the price goes up it's going to be profitable for you. Because you can buy goods cheaper than ever because the price goes up. I also use bitcoin to buy something stuff, sometimes I wait for the price to go up to get a cheaper price
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August 13, 2017, 01:55:28 PM
 #199

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 not using bitcoin directly as payment because even though bitcoin has been legalize in my country, still it not widely generated and operated in many establishments so I need to exchange it first into a fiat to be used up to buy important things and stuffs. Despite of that situation, I can use bitcoin in transactions, loading, trading and even investing. Those are just some of the uses of bitcoin in my part.
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August 13, 2017, 01:56:20 PM
 #200

In the past, I invested some of my btc funds in some HYIP and also in order to start my own online advertising business.
Everything failed and I lost my money.
Now, when the price of bitcoin jumped high to the sky, I will not repeat my mistake anymore.
I will just keep my btc funds in the wallet and wait Smiley
I've also used bitcoin to invest in hyip and ponzi, and that is my biggest mistake in bitcoin. Because I lost more than $ 400 in just one investment on a ponzi site. And I'm so sad about it, and I'm not going to do that anymore. Better to hold bitcoin, easier, safer, and profitable

Really?what a big loss! So how did you overcome the situation? In my case I'm holding bitcoin for future purposes. I know many of us have different reasons why we engaged in this world of bitcoin. One of this purposes is I'm saving up for putting up a business because eversince I've been dreaming to be a business and career woman. Consequently, I should make it into a reality not just a dream someday.

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