Bitcoin Forum
April 27, 2024, 04:36:47 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 [40] 41 42 43 44 45 46 »
  Print  
Author Topic: What are you using bitcoins for?  (Read 21283 times)
winterland
Full Member
***
Offline Offline

Activity: 434
Merit: 100


View Profile
September 30, 2017, 03:54:03 AM
Last edit: October 18, 2017, 11:36:28 PM by winterland
 #781

I have some bitcoins.  Currently i am not using as an investment.  Because at this stage i need money for day to day life and to look out for my family.  So i earn bitcoin.  O convert it in rupees and use it for normal life.  But i have a plan for future purpose that after passing this struggle i will hold bitcoin  and invest it.  It may take few months.
Even if you are not using your bitcoin as an investment bitcoin in itself is an investment so do not worry you are going to get profits with bitcoin as well, but now you need to try to avoid using bitcoin for your everyday lives since bitcoin is going to skyrocket in the next years.
1714192607
Hero Member
*
Offline Offline

Posts: 1714192607

View Profile Personal Message (Offline)

Ignore
1714192607
Reply with quote  #2

1714192607
Report to moderator
"You Asked For Change, We Gave You Coins" -- casascius
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714192607
Hero Member
*
Offline Offline

Posts: 1714192607

View Profile Personal Message (Offline)

Ignore
1714192607
Reply with quote  #2

1714192607
Report to moderator
Hui8
Sr. Member
****
Offline Offline

Activity: 602
Merit: 259



View Profile
September 30, 2017, 04:02:51 AM
 #782

It's investors where I fit in. I don't mine, I tried to do once but sooner I discovered that it's not my type because I can't manage all the chaos.

I use bitcoin to invest my fiat and then when I find few of the altcoins heading up I will invest my bitcoin in them. Rest is for saving purpose only.

I don't really see any black market for bitcoin or may be I did not went looking for it really so do not know one. I have understood that the more simple you keep the bitcoin investment the more returns are there.
jamids
Sr. Member
****
Offline Offline

Activity: 616
Merit: 252



View Profile WWW
September 30, 2017, 04:06:51 AM
 #783

I use bitcoin currently to pay some bills because my earnings from other sources of income is not yet enough so I have no choice but to convert some of it to fiat. Given the chance, I would just store my bitcoin for a long time as an investment because I believe that it would increase in value in the future and would be more profitable than storing my money in the bank. For now, I still need to spend it because of urgent needs.

Crafts12
Full Member
***
Offline Offline

Activity: 405
Merit: 105



View Profile
September 30, 2017, 04:11:49 AM
 #784

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 used bitcoin as my money to pay my bills in house. I also used it to provide my daily need in life. And lastly I used it to buy stuffs or things that I want to have in my life. But some of was just stock in my wallet so that if the price increase i can get profit. But i cant directly used my bitcoin because in my country it didnt accept as a rule if payment. I need first to convert it into fiat before I used it.

crackhawk
Newbie
*
Offline Offline

Activity: 67
Merit: 0


View Profile
September 30, 2017, 04:14:10 AM
 #785

im using bitcoin for pay hosting, domain etc.
at this moment the fee of bitcoin transaction so high, i recomended using other payment method like bank transfer
rushel22
Full Member
***
Offline Offline

Activity: 233
Merit: 100


View Profile
September 30, 2017, 04:22:00 AM
 #786

I am not yet using my bitcoin but soon I will use it for my future investments and trades. I will also use it for buying health supplements for my family. And also paying electric bills, water bills and etc.
Harrisonimo
Full Member
***
Offline Offline

Activity: 490
Merit: 101



View Profile
September 30, 2017, 04:22:20 AM
 #787

Bitcoin use at the moment is seen as a source of income for me via trading. Well, I will definitely be exploring the other ways of using it to generate income too. Especially, for the part of acquiring it bit by bit till it gains more value to resell gradually in the future. I basically see Bitcoin now as the platform for the altcoins to create source of income for us too.
reda
Sr. Member
****
Offline Offline

Activity: 910
Merit: 260



View Profile
September 30, 2017, 04:54:37 AM
 #788

Bitcoin use at the moment is seen as a source of income for me via trading. Well, I will definitely be exploring the other ways of using it to generate income too. Especially, for the part of acquiring it bit by bit till it gains more value to resell gradually in the future. I basically see Bitcoin now as the platform for the altcoins to create source of income for us too.

I will you bitcoin for future saving and investment for the business. It price change every day so it will you fall for the saving and investing. Bitcoin is then but one of the get, the more profit if you need any you will fulfil your life. Have bitcoin 10% I will you bitcoin jut 5% and am saving the bitcoin anther 5% you will plan to work you will easy to improve your future
william8829
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
September 30, 2017, 05:01:57 AM
 #789

I thank you for asking.  My main purpose is to hold bitcoin.  I also use bitcoin to buy alternative currencies.  I do this because i think maybe one of them is the next bitcoin.  A cryptocurrency that will add on to what bitcoin already is but without some of its drawbacks.
cepedacharles29
Full Member
***
Offline Offline

Activity: 168
Merit: 101



View Profile
September 30, 2017, 05:05:16 AM
 #790

The bitcoin I use every day I spend at home and I gather others for help with my parents and for my investment in my own business and I also help poor people through I donate and use bitcoin for my studies and for me to graduate from college and for me to have tuition fee and school work and activity costs and thanks to bitcoin.
cdog
Hero Member
*****
Offline Offline

Activity: 1036
Merit: 500


View Profile
September 30, 2017, 05:14:58 AM
 #791

Hold and sell when the price is high.
I also use Bitcoin like that, buy at cheap prices and sell at high prices. that's the profit or the food of the trader.
Ingoats
Full Member
***
Offline Offline

Activity: 518
Merit: 100


View Profile
September 30, 2017, 05:15:46 AM
 #792

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 Bitcoin as a currency and as a source of income or profit. As of this moment, it is not yet legal to my country but there are exchabges that allows to be converted into fiat to be used to buy things. It is also a good source of income, its market value is increasing as time passes by, and by just holding Bitcoin, you will already have something to earn in the future as its price increases.
South Park
Hero Member
*****
Offline Offline

Activity: 2870
Merit: 794


I am terrible at Fantasy Football!!!


View Profile
September 30, 2017, 05:19:03 PM
 #793

I use bitcoin currently to pay some bills because my earnings from other sources of income is not yet enough so I have no choice but to convert some of it to fiat. Given the chance, I would just store my bitcoin for a long time as an investment because I believe that it would increase in value in the future and would be more profitable than storing my money in the bank. For now, I still need to spend it because of urgent needs.
Try to remedy that, you do not want to spend your bitcoin in mundane stuff bitcoin is our ticket to a better life and you need to have as many as you can afford, if you do not you may remember all the bitcoin that you spend in food and stuff that while necessary are trivial compared to the future price of bitcoin.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
damnek
Hero Member
*****
Offline Offline

Activity: 614
Merit: 500



View Profile
September 30, 2017, 05:21:45 PM
 #794

I dont use bitcoin. I save it.
zoelhack
Full Member
***
Offline Offline

Activity: 165
Merit: 100


View Profile
September 30, 2017, 05:32:38 PM
 #795

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 used bitcoin as my money to pay my bills in house. I also used it to provide my daily need in life. And lastly I used it to buy stuffs or things that I want to have in my life. But some of was just stock in my wallet so that if the price increase i can get profit. But i cant directly used my bitcoin because in my country it didnt accept as a rule if payment. I need first to convert it into fiat before I used it.


the same as in my country if you want to spend using bitcoin must first exchange it into local money, unless we are for shopping online sometimes receive payment using bitcoin
zeingrind777
Full Member
***
Offline Offline

Activity: 994
Merit: 138



View Profile
September 30, 2017, 06:11:41 PM
 #796

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



for me, bitcoin for extra income only. because I get it by following the program campaign. I can say I work freelance with a fee in the form of virtual money
Jolyquinzel
Jr. Member
*
Offline Offline

Activity: 58
Merit: 10


View Profile
September 30, 2017, 07:28:32 PM
 #797

I use it only for saving
Hannahanto
Full Member
***
Offline Offline

Activity: 826
Merit: 111



View Profile
September 30, 2017, 07:52:02 PM
 #798

I use it only for saving
I use to fulfil my basic requirements. Pay bills,  buy household items,  dine with it and etc...  Saving some amount as well.
Psalms23
Full Member
***
Offline Offline

Activity: 504
Merit: 103


View Profile
October 01, 2017, 05:20:03 AM
 #799

Right now Im not really earning a lot of bitcoins because Im just a beginner in this forum. Ive earned just a bit yet and I used it to buy some load for my cellphone (lol). But I was really excited with my first payment from joining a signature campaign with tokens as payment, which is I am still holding now and wait for the value to rise. Maybe then Im going to sell it.
krisnt80
Hero Member
*****
Offline Offline

Activity: 729
Merit: 500



View Profile
October 02, 2017, 02:06:23 PM
 #800

My bitcoins are being investment over altcoins, and im using a part to fund a personal project i do have. Since i cant buy more bitcoins i try to accumulate a bit more with trading, i do believe into its potencial and future wich makes me wanna to get more for the future. Since i dont need the money i have over bitcoin i keep risking it, but the goal is to exchange or use the coins to buy something real for my family, besides gifts.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 [40] 41 42 43 44 45 46 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!