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Author Topic: What are you using bitcoins for?  (Read 21289 times)
Wingo
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September 10, 2017, 06:54:20 PM
 #441

Another is gambling, there are a lot of sites online that accepts bitcoin for gambling purposes. Some people also consider bitcoin as an income that they use for living.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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September 10, 2017, 07:58:08 PM
 #442

I hold and also trade with it sometimes

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September 10, 2017, 08:00:41 PM
 #443

I spend bitcoins mostly for the things which my parents consider are junk but they really matter to me, so when they just refuse to buy those then I buy them myself.
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September 10, 2017, 08:06:00 PM
 #444

paid for coffee once, but other than that i just hold. I would not buy coffee with btc anymore, ltc is more suitable for that now
Denies
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September 10, 2017, 08:13:04 PM
 #445


I have dreams that I can achieve from bitcoin and altcoin.
I trade from all the cryptoes that have the advantage. not more all that I do for profit, and can change my life better.
I do not like the black market and I do not do that.
angaper
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September 10, 2017, 08:23:09 PM
 #446

I try to get the most benefit from bitcoin, using it for anything that might be useful. Sometimes I have used it as a payment processor, sometimes I have used it to pay for some service (like currency), but I must admit that given its great potential I have been holding some coins as a store of value.

I am not so keen to keep the bitcoin immobilized as an instrument of long-term speculation, I am firmly convinced that the bitcoin economy is strengthened when we mobilize our coins by exchanging them for goods and services, although it is undoubted that holding some proportion of them is also useful for increasing its value.
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September 10, 2017, 08:50:34 PM
 #447

For me I use it as exchaning currency between other cryptocurrencies to buy plus as a transfer currency to send money with, some of the people use for saving and keeping them to get a profit from the price


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Harley Quinn
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September 10, 2017, 09:01:48 PM
 #448

I mostjiat save them for now. I buy things sometimes. Mostly I have to use normal money bleh so boring ya know. I will find a way though to use them more I have not tried very hard to look some I'm still saving them.
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September 10, 2017, 09:22:21 PM
 #449

Currently I am using bitcoins for trading altcoins and making good profits from it as I don't think its an smart move to spend your bitcoins on shopping or anything else as saving them for future can be more profitable and if there is any emergency situation and if I am in need of money then I sell small portion of my bitcoins.



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Tyjul
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September 10, 2017, 09:54:45 PM
 #450

For me, if I earn already in bitcoin I use it in trading, investing, pay some  carrier bill, electricity bill,water bill and buy some item that i want. Im also cash out bitcoin to my bank account for real life.
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September 10, 2017, 10:16:55 PM
 #451

I am using bitcoin as form of of future investment I see this as a form of asset

Quietman
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September 10, 2017, 10:32:38 PM
 #452

I do not actually use it for daily transactions or payments. I'm just holding it to my wallet and use it when it's necessary. What I mostly donis buy low sell high. For me to atleast have some profit while saving it. I'm not yet into trading and investments but will try sooner or later.
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September 10, 2017, 10:44:36 PM
 #453

I apply monthly withdrawals for conversion to fiat, although bitcoin is part of online business but I still consider it a monthly payday job, I use the same bitcoin as I use on fiat, the difference is I set aside some for future asset gains.

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CODE200
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September 10, 2017, 11:29:54 PM
 #454

Creating a vertically integrated supply chain including coal mining, coal fired power plant, ore extraction and processing, steel production, wire making and foundry, manufactories for locally produced housewares as well as selling excess electricity to locals at a discount rate and armed facility security. Etc. Basically, building a new civilization from the ground up. PS, we have a M.A.D. deterrant, so please no nato airdrops unless you want to have a cold next 200 years. Smiley

.... I can dream.
It seems that most of people used Bitcoin in bitcoin related transactions , investments or trading. Actually that is a good thing to consider in dealing with Bitcoin because it is the best way for people to earn. For me having bitcoin in terms of investments could definitely give people a lot of opportunities to earn and to have profit in the future.



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Rainbot
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Freyya08
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September 11, 2017, 05:55:35 AM
 #455

Well currently im still a newbie. And im looking forward on using bitcoin as a future investments. Ill try trading. Or I could use it to travel the world someday.

BingoDog
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September 11, 2017, 05:57:58 AM
 #456

I use bitcoins for different purposes but this might vary, so I don't use it for same things all the time. Sometimes I use it as money and pay with it for different goods in stores and sometime it' for small trading ad investment. This is one of the good things at bitcoin, that gives you different opportunities and many optiins how you can make the most form all possible advanatages.

malaj
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September 11, 2017, 05:59:37 AM
 #457

I am using bitcoins for trading altcoins and rest I have kept safe in my wallet and holding for the future as it is expected that price will go much higher in coming years so saving now and selling at that stage would be an profitable decision to make and if there is any urgent need of money then I sell some bitcoins that can take care of my situation.
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September 11, 2017, 06:04:43 AM
 #458

I am using bitcoin to save some money for my future expenses,
And I am earning bitcoin to support my daily needs.
And I hope to buy my own house through earning in trading and joining some signature campaigns.
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September 11, 2017, 06:14:53 AM
 #459

Creating a vertically integrated supply chain including coal mining, coal fired power plant, ore extraction and processing, steel production, wire making and foundry, manufactories for locally produced housewares as well as selling excess electricity to locals at a discount rate and armed facility security. Etc. Basically, building a new civilization from the ground up. PS, we have a M.A.D. deterrant, so please no nato airdrops unless you want to have a cold next 200 years. Smiley

.... I can dream.
It seems that most of people used Bitcoin in bitcoin related transactions , investments or trading. Actually that is a good thing to consider in dealing with Bitcoin because it is the best way for people to earn. For me having bitcoin in terms of investments could definitely give people a lot of opportunities to earn and to have profit in the future.
However, behind that profit is a speculative market, what do you think about the growth of cryptocurrency in short time? Fast and not stable, it very easy control by mentality of traders on the market. Therefore, it usually crashes down if has some rumors bad news, like China banned ICO market in their country make the price of many token ICO crash -100% to -300%.

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September 11, 2017, 06:47:40 AM
 #460

It is up to them if they will use it in Illegal way..

BTC is decentralized meaning it can transfer to world and no one will question it by unanimous people..
for example in PORN they use bitcoin to pay Why because it is much faster than banking
by holding yess it is a strategy hold sell and trade or buy whenever they want ...
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