View Poll Results: Have you ever used Bitcoins or have any plans to use them?

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  • What the heck is a bitcoin?

    3 5.56%
  • No, never

    30 55.56%
  • No, but Im planning to use them

    6 11.11%
  • Yes, but not very much

    8 14.81%
  • Yes, I use Bitcoins frequently

    7 12.96%
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  1. #1
    p.arena is offline Former AM
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    Default Have you ever used Bitcoins?

    With some of the recent Bitcoin discussions on the forum I am interested to see how many of the forum users here actually use Bitcoins themselves and what their experience has been so far?

    What types of items of services have you generally used them for? Or do you mainly invest in the currency as something that you could see increasing in value over time.

    Also as a side question, Id be interested to hear if you mine them yourselves and what your experiences are on that end.

    Cheers!

  2. #2
    Sergej_AGR is offline Private Member
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    I have never started to create bitcoins myself, but I already own a good number of bitcoins. If any affiliate program would offer to pay me in bitcoins I prefered this method. . This "currency" has a great potential, but also involves the danger that it is especially used for wrong purposes like silkroad for example.
    Last edited by Sergej_AGR; 12 September 2013 at 3:43 am.

  3. #3
    Doolally's Avatar
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    I've voted for "no, never" which isn't probably strictly true but it is at the moment. For me, there are too many areas for unregulated exploitation in too many areas to be taken seriously at the moment.

    Maybe I just need educated more but I have done some reading on it and although I like the concept, it's still too risky.

  4. #4
    Roulette Zeitung is offline Public Member
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    Be aware with Bitcoins & Moneybookers / Skrill if you don't want to see your account suspended.

    Leopold

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  6. #5
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    I have never used bitcoins and I hope never use them. I do not see why there needs to be a currency for the internet.

  7. #6
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    Bitcoins are a great and since they are not regulated by any government or any central bank makes them better in my opinion. Did I mention anonymity too? If bought and spent correctly no government agency knows you even have them or how much. The potential for investment is great too. Last month they were at 1 BTC= $66USD and today they are at $140. I'm kicking myself in the head for not buying $50,000 last month LOL.

  8. #7
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    It is because of this anonymity that the US Governement is very interested in slowing down or stopping the use of Bitcoins, and why they are very interested in having a chat with anyone who uses them.

    Rick
    Universal4

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  10. #8
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    Quote Originally Posted by BigDaddy View Post
    Bitcoins are a great and since they are not regulated by any government or any central bank makes them better in my opinion. Did I mention anonymity too? If bought and spent correctly no government agency knows you even have them or how much.
    I think that's the biggest problem!!

    Way to open for fraud, money laundering, etc.

  11. #9
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    Quote Originally Posted by Doolally View Post
    I think that's the biggest problem!!

    Way to open for fraud, money laundering, etc.

    yep, the gov will audit people that use them. it will lead to a very expensive account bill.
    Last edited by edgarf76; 14 September 2013 at 10:56 pm. Reason: addittional info

  12. #10
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    Bitcoin is more harder to launder than any other currency, to buy something with bitcoin you need to exchange them with real money (yea there is a mining but its not worth doing this now its not economic anymore) and every exchange office want your real informations like copy of id card or passport and its really hard now to be anonymous, i don't want to say its perfect system its not but to me its better than any other currency in the world right now and German government realise that so they legalize it.
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  13. #11
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    But the bitcoins can be exchanged bewteen users without being tracked correct?

    That does not happen with standard eWallets.

    And the Bitcoin exchangers are not regulated like Banks are with the KYC rules etc. It is good to know that they may be starting to move in that direction, but until they are actually regulated by worldwide money laundering rules etc, I think it will alway remain unstable.

    Once the rules and regulations are in place, can they sustain the current methods without adding additional fees and overhead that might make their business model more difficult to maintain?

    Rick
    Universal4

  14. #12
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    I don't agree with you, every bitcoin can be tracked, like I sad its not perfect but its better than standard money who you think control printing money government, and who stop to print them until they worth nothing, here can be only be limited amount of bitcoins thats why 1BTC cost 140USD, and I believe that bitcoin and other currencies complete each other. Two currencies are better than one that just my thoughts.
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  15. #13
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    I voted for Yes, I use Bitcoins frequently - as a bitcoin casino gamer it is much safe to play bitcoin since it's a p2p transaction you don't need a third party seizure(government). Also you are assured that your profile is completely anonymous all you need is your generated bitcoin wallet.

  16. #14
    carpeto is offline New Member
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    Would be cool to try

  17. #15
    alin04 is offline Public Member
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    I never used Bitcoins.

  18. #16
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    It's too unstable for me and it's actually harder to make them when it's in the media but I tried mining in a group but sadly this iMac only has 18mh/s which is shockingly bad.

  19. #17
    thebookiesoffers is offline Former Member
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    just been reading about them as an investment.

    not for me though, don't understand them enough

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  21. #18
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    Bitcoins just another item of perceived value (like gold or silver) and their perceived scarity drives the value up.

    I understand them - but don't think that I've run across a site that I use that takes them - and there are certainly no local vendors.

    My country allows me to use credit cards and e-wallets online ... so I just don't have a need for this fringe item.

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  23. #19
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    <style type="text/css"><!-- br {mso-data-placement:same-cell;} --></style>
    I'm still in the process of using it. One thing that keeps me fascinated about it is that it's decentralized. No more chargeback or long days of transaction process and high fees if you’re gonna purchase through an overseas merchant. I’ve heard that retailers such as 7-11 and Walmart will start accepting BTC as payments methods. Have you heard about that, guys?

  24. #20
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    I never used Bitcoins either.
    Some call it a free, safe independent valuta. But it certainly ain't stable. What could be worth a 1000 $ today could be worth 1$ tomorrow. We have seen the first big bigcoin thefts - sooner or later some incident (no idea which), will occur, that will make the Bitcoin Market crash.
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