What are you using bitcoins for?

Quote from: smendrich on May 01, 2012, 01:42:21 PM

Investing, black market, black market and black market

Actually, I used bitcoin to buy some altcoin on trading sites and I know that trading is the best sources of income. In addition to that, I also spend my bitcoin in gambling sites even though I know its too risky. Lastly, I use bitcoin to some stuff and I also convert it into fiat that I can use in offline store.

Just pure trading and investing on newly open ico. Sometimes i used my bitcoin to buy things that i needed in my house.
I never engage in any kind of gambling, i will only get addicted to it once i try it

Quote from: GernMiester on May 01, 2012, 03:26:00 PM

They pay my electric bill each month now.
BTC already bought me 2- HD6870's for a gaming PC and little hashing and 1-HD5870 to hash away.

True, in bitcoin you can have extra income which you can use to pay your expenditures online and investments so can see it grow with the field where you invest it. Me as a student I spend it in daily expenses and give the half to my parents so I may help them. Bitcoin is very useful no wonder that it is being popularized nowadays and sonner storing so much forum user.

I presently use bitcoin for my hosting payment, for my domain renewal and other stuff. I use it to purchase some little things online and I exchange it for cash. What could have been better if not bitcoin. Its easier to keep and faster to transact with.

I currently use bitcoin to purchase services online and I exchange it for fiat money a lot of times, since the coin can be used for anything, provided its accepted. I use bitcoin to pay my friends and family too.

I'm using Bitcoin mostly to participate in ICOs, Trade and for shopping. Bitcoin can practically be used to buy anything, You just need someone to trade with you.

Bitcoin is so easy method. i use bitcoin for investing, mining,advertising, poker and i also paying bills by useing bitcoin.

Actually i divide my profits into 2. The 30 percent of my profit will go to paper wallet i just want to keep it for my future expenses and for an emergency withdraw and the 70% i withdraw it and convert it to my local currency and buy things i like including clothes, gadgets, shoes and foods of course.

Wow! This topic started in 2012!

I don't use bitcoin because i don't have Cheesy

I'm surprised how easy is to pay some bills with it. Some services don't even require registration.

Quote from: onetwostep on August 26, 2017, 10:42:16 AM

Wow! This topic started in 2012!

I don't use bitcoin because i don't have Cheesy

Hmm... this is forum about cryptocurrency and Bitcoin, can you tell me if you don't have it, the reason make you talking about Bitcoin in this forum? I think earning 1 BTC very hard but satoshi very easy Huh

I am using Bitcoins to grow my capital in terms of fiat because the value of Bitcoins is uncertain. Some people called it a disadvantage and are now asking me how to invest into this, though it is now very difficult for them to buy it at such high prices. I sell them only when I need fiat in hard situations, else saving is the best thing that I am learning as well as using Bitcoins for.

I use bitcoin for investment and buy bitcoin for profit.

Quote from: 1l1l11ll1l on May 01, 2012, 04:55:46 AM

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 in a category of investor because I bought Bitcoin last March 2017 then hold it but just a small ammount maybe $25. I just did it and give it a try but it really work for me. Grin

All of my funds received from campaigns will be transfered to my main wallet for me to save it there. I will only convert it into fiat in time of emergency. I choose to hold Bitcoins for future purposes. It is really hard to buy now since the price is very high. My only concern is the high fees also but happen to be no choice. Grin

Previously I used to use bitcoins for shopping and mobile recharge purpose but now as price is going higher I believe in saving it for a long term without spending it as now its purely an investment for me so I try to collect as much as I can and hold for the future and I also use it in trading altcoins where the opportunity of growing bitcoins is even more faster.

For the moment I use bitcoin for investment and when I have some more I will use it for shopping online.
I see more and more shops online where you can pay with bitcoin, nice evolution

Trading is the only place where I am using my bitcoins at a moment and in the past I used to spend it on gambling sites but now with an increase in the price I cannot afford to loose even a small amount of it on gambling so now I have stopped it and invest in altcoins when I feel that this is a good time to buy at lower price.

Quote from: 1l1l11ll1l on May 01, 2012, 04:55:46 AM

Well, I use it to buy some altcoin on online market. In addition to that, when I buy some altcoin on online market I prefer to hold than sell it early because I know that there is possibility that the price of it will increase in the future and it will result to a good profit. Holding is one of the best option to make and gain more income.

I'm using my bitcoins for purchasing items from different sites that accept bitcoins like Purse.io which let's you use bitcoins for purchasing from amazon.I also use my Bitcoins for gambling online

I use it to buy games, software, VPS, business, anything that can be bought using BTC. If I have a lot more BTC. Mostly I use it on trading platforms. But lately I've been paying attention to ETH, I use BTC to buy ETH, another potential coin I like.
P / s: BTC is almost never taxed <3