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Author Topic: What are you using bitcoins for?  (Read 21283 times)
Glorypaasa
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August 27, 2017, 02:02:27 AM
 #301

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


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.
To be honest im still a newbie so im just earning a bitcoin forcsomeday  i will use this to buy anthing that i want like others. Well my plan for my bitcoin if i earn a lot i will use to buy laptop to usecbitcoin well . and  i will help my family to paying bills and daily needs.
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BUK2016
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August 27, 2017, 02:22:50 AM
 #302

If eventually make enough bitcoin I will use it to purchase things online, as a wedding gifts, pay bill at the restaurants and bars and most of all is to exchange it to fait currency and use it to take care of my financial obligations.
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August 27, 2017, 03:13:41 AM
 #303

Well, for now I only use bitcoin as a savings like in a bank, as well as including bitcoin investment in the future, because I think bitcoin can still rise

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August 29, 2017, 06:19:42 AM
 #304

Well, for now I only use bitcoin as a savings like in a bank, as well as including bitcoin investment in the future, because I think bitcoin can still rise
Same here dude. I have big plans for my future and to make them true, I need money, a lot of it. At present, the best profit giver is Bitcoins so I am into this business and saving all of my BTCs. I intend to wait for a little longer as now is not the right time to cash out BTCs because the worth is going to multiply in coming years.

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August 29, 2017, 08:03:14 AM
 #305

I hold it hoping for its growth and my benefit anyway
kotbi
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August 29, 2017, 08:11:56 AM
 #306

I trade and invest. get some small percent here and there. Hope it will steadily increase.

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August 29, 2017, 10:44:01 AM
 #307

For invest, poker, game, and of course SPORT!
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August 29, 2017, 10:50:36 AM
 #308

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 be using it for my daily expenses or basic needs since I still don't have a job yet.
Invester
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August 29, 2017, 10:53:10 AM
 #309

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 involved in Bitcoin mining. That is too expensive for me to try doing. Neither am I involved in black market and deep web transactions. I am using Bitcoin simply as an investment and as a source of income for me to support my day to day needs.

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CarnagexD
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August 29, 2017, 11:03:03 AM
 #310

Bitcoin is used for multiple activities.
I mostly use most of my bitcoins for exchanging them ti fiat whenever large funds are
required, trading with alts by exchanging btc to the desired altcoins, investing in investment box on yobit(Exchanger), i also used a small amount in gambling for experience (though lost all coins there).
Bitcoin is the form of crypto-currency which is can be used in different transaction through the power of technology and the internet. It is a good thing to know that having Bitcoin is a good advantage to have now because it could make people to have a good form transaction on having fast and reliable transaction for investments and for trading that coild give people a chance to earn and to have a good profit for future.

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agentx44
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August 29, 2017, 01:40:24 PM
 #311

I use Bitcoin to play Video Poker on:
https://strikesapphire.com/
and Lotto on:
http://www.bitlotto.com/
The rest I keep for my pension  Cheesy
I only using bitcoin for posting here in this forum, joining signature campaigns and investing in altcoins, so i could do the stuffs that i want like going out in other places with my friends and buying the things that i wanted. Sometimes i give money to my parents so we can all our expenses at our home.
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August 29, 2017, 03:34:04 PM
 #312

Some of my btc actually goes for our electricity and water bills. Then some of it I just keep in my wallet as savings for future. You know, I've been planning on an early retirement funds and I think that btc is really the answer. Seeing how positive things are going on right now that btc is at 4600. I guess I'll have that early retirement earlier than I've thought.

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August 29, 2017, 03:37:37 PM
 #313

Using it in some casinos accepting bitcoin.
Using it to send money to Exchange platforms and withdraw money from them.
Using it to pay for software and game purchases that I do in Steam platform.
I will also try to use it for Uber, if they officially announce bitcoin is okay with their drivers.
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August 29, 2017, 03:43:32 PM
 #314

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 neither of the three, because I use my bitcoins for helping my parents in financial needs in our family and after that I'll save up for the things I need to buy. Specifically I'll buy my own phone because my current phone has damages that I don't know how to fix. So that's where my bitcoin will go. I really want to help my parents in buying our own house and lot, if God is willing.
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August 29, 2017, 03:47:01 PM
 #315

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 involved in Bitcoin mining. That is too expensive for me to try doing. Neither am I involved in black market and deep web transactions. I am using Bitcoin simply as an investment and as a source of income for me to support my day to day needs.
Yeah, I'm similar to you, I just use my bitcoin to invest in the altcoin market, this is a place full of opportunities to earn a lot of bitcoin, the most important thing is that we need the acumen and good analytical skills in a volatile market. And I also save half my bitcoin, that will help me not feel much regret when the price of bitcoin increased sharply, especially in the coming time.

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August 29, 2017, 03:52:05 PM
 #316

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, I use my bitcoin to buy some stuff on online market and when I use bitcoin to buy things that I want I can easily pay it. In addition to that,  I also use my bitcoin to buy altcoin and I prefer to hold my altcoin than to sell it. Lastly, I think I will save more bitcoin than to spend it because I believe that bitcoin will help me to become rich.
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August 29, 2017, 03:58:28 PM
 #317

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


Here in my opinion Darkweb is not a real example of bulk users of bitcoin because the main factor is that people always looking toward the clean work , so that they don't need to face any problem in the future .
About thousands of the person are in my contact who are making transaction monthly with 1000 btc + and they are doing everything legally and paying tax to the government , so that he don't need to face any problem in the future .
Here i myself using bitcoin and paying tax than why we need to think that people are using in Darkweb much than what the people are using publicly .
Maybe few people can use but still I don't think it is a way of making annonymous ownself because bitcoin transaction are published and anyone can see the transaction and can caught the person if he was found doing some doubtable work.
So here i am not in your favour of this fact of using bitcoin in bulk at dark web like anything .
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August 29, 2017, 03:59:51 PM
 #318

First i used bitcoin to buy things from blackmarket. Then i used it to buy domains, software sometimes real goods,..
For now i earn bitcoin and i invest it on some new altcoins.

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August 29, 2017, 04:10:37 PM
 #319

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
Actually, I use my bitcoin to buy some online games because I love to play online and it relieves my stress. In addition to that, I also convert my bitcoin into fiat because I want to buy some things on offline store because some offline store do not accept bitcoin as a payment.
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August 29, 2017, 04:40:07 PM
 #320

Usually I use my bitcoin results for savings and I use to open a business because I will not know until when bounty signature and bitcoin I can use for income
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