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Author Topic: What are you using bitcoins for?  (Read 21283 times)
VeronAncient
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September 16, 2017, 11:45:46 AM
 #541

i get it from signature until now, and i use for my future. i exchange to our money and save them. and if enaugh, i will build my own small factory.
i sell bitcoin, when the price higher.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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September 16, 2017, 11:47:51 AM
 #542

Till now I have only earned a minimum amount of BTCs, mostly from signature campaigns. And so far I haven't purchased anything or made payment using BTC. I have used some of the BTC for altcoin trading (without much success). The remaining is in my wallet, safely stored in cold storage.
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September 16, 2017, 11:50:53 AM
 #543

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 first started using Bitcoin, like the rest of us, as a way to get money, specifically through mining bitcoins with a old Antminer USB miner, I ended making around $0.60 a day or 0.02 BTC at the time when it was worth around $30. Then I didn't really touch Bitcoin until I was looking into gambling and bitcoin gambling was the easiest means of getting funds to gamble since it was an online currency. Soon after (also during) losing my gambling addiction and around 13 BTC I and a friend of mine and I started doing some trading with Bitcoin for gift cards to profit and now continue to do so. Also throughout the time I have done a lot of shorting and longing against the market only to lose another $5,000 or so on. I'd say i've spent and lost around $15,000 in BTC all through means of profiting.
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September 16, 2017, 12:35:39 PM
 #544

I am using bitcoins to convert money, Its a big deal for me to sustain my needs, my billings, my debts just to escape from difficulties. All of my free time i usually spent through facing computer and update the status of my account, read and post, It turns out an addictive habit. I find interest in digging bitcoin, because of its positive output towards everybody.: Smiley

We use and seek bitcoin to have income that can support for our financial needs and to pay every expenses without having problem. Through learning more thing in this forum we can gain more knowledge on how we can do to grow the amount we have and gain more profit. There are so many benefits through earning bitcoin that is why we continue to collect it through hardwork and patience. I use some bitcoin to buy things, and use some amount to invest and have saving for future purposes.



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September 16, 2017, 12:48:40 PM
 #545

Before i used bitcoin for blackmarket, betting and sometimes for payments. Now i'm just investing and holding.

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September 16, 2017, 01:37:06 PM
 #546

I'm using Bitcoin for buying skins in CsGo and I would use it also for any emergency.
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September 16, 2017, 02:38:29 PM
 #547

I'm using bitcoin for investments. Early for me to use for another things.
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September 16, 2017, 02:40:05 PM
 #548

I do holding by bitcoin but sometimes i do trading even i have a small amount of bitcoin but i know it can rise too much in the next few months.
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September 16, 2017, 02:47:16 PM
 #549

At this point in time.. using bitcoin as an entry point from fiat into the alt coin trading. Though holding a certain portion in bitcoin. Though a little for paying for tech services such as graphics, development coding, and such.

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September 16, 2017, 02:53:44 PM
 #550

Before i used bitcoin for blackmarket, betting and sometimes for payments. Now i'm just investing and holding.

Blackmarket ? do you buy weed ?
Since I'm never done it before , maybe it's worth to try since my country forbid buying any weed with local fiat
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September 16, 2017, 02:59:07 PM
 #551

im using bitcoin for trading cyrptos to get extra profit and to buy phone load, internet and some electricity bill, and some times i twithdraw my bitcoin to buy some stuff that i want from a long time ago, like gaming mouse, wireless keyboard and something like that. i want online shop that i visited use bitcoin
 as the payment  it should be great

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September 16, 2017, 03:26:17 PM
 #552

I have observed that before, bitcoin users have their unique way in using bitcoins, but now, especially for students or teenagers, we use them in a way that it can be a benefit for us, and we use them in our local currency but first converting it of course. Spending them in our own different purposes is just a proof that bitcoin can be used anywhere especially nowadays.

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September 16, 2017, 03:28:54 PM
 #553

I use bitcoin is the same as the others, I only use for trading and invest, but sometimes I like to use bitcoin for buying item. the payment is easy and fee aren't too high also Smiley
 

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September 16, 2017, 03:37:01 PM
 #554

Since i m in bitcoin, i invest, trade. Im using bitcoins to make more bitcoins Wink i never spent any satoshi for daily needs, only reason is hold it for the future.
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September 16, 2017, 03:37:16 PM
 #555

I use bitcoin for investing, trading ,other ways on how to earn money ,and using it on online shops to buy some things needed on our house.  The profit i get from investing will be converted into fiat for our daily budget.

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September 16, 2017, 03:42:00 PM
 #556

I do holding by bitcoin but sometimes i do trading even i have a small amount of bitcoin but i know it can rise too much in the next few months.

That trading thing is what I really want to know.  The main reason why I am here for bitcoin, I need an extra income to finance my daily needs.  To buy groceries, load up my phone, and even paying our bills.  It is just this month when I realized that I have to save my bitcoins.  For in time it will sure have a good value.
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September 16, 2017, 03:47:14 PM
 #557

i want to use my bitcoin to my daily needs like paying electric bill, water bill and internet, and buying load. and if i have a big amount of bitcoin i will invest the others and then i will help my families in their financial problem too.
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September 16, 2017, 03:55:45 PM
 #558

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


most of the people use bitcoin for payment different to me,. i use bitcoin for livelihood, use bitcoin for daily neededs. sometime for invest in ico or crowdsale its so profitable.

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September 16, 2017, 10:10:35 PM
 #559

I am buying and holding bitcoin for future purposes but I sometimes cash out my bitcoin earnings to buy clothes and pay bills in short finance my daily needs. I see to it that what I am holding is more than I am spending because I don't want to have regrets after few years from now and bitcoin price will be $20,000.
This is the issue the amount of bitcoin that you spend now thinking it is not really valuable will have a very high value in the long term that is why we need to keep every satoshi since the price of bitcoin is bound to skyrocket in the next years.
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September 16, 2017, 10:56:10 PM
 #560

I think the best approach for the beginners is to use PTC (pay to click) and micro tasks (Such as watching videos or downloading some apps) to accumulate some bitcoins, and then deploy it in popular cryptocurrency exchange markets to become "Day Trader" buying and selling different cryptocurrencies back and forth and make profits from price movements (Assuming that they have some trading skills).
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