What else are people doing with their BTC?

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#1Dec 5, 2024, 03:33 PM
Hey everyone, I've been thinking about what people actually do with their Bitcoin coins. I'm curious, how do you guys use yours? I’ve got a gaming PC and I was considering grabbing some to help build it out. Are there other cool things Bitcoin users do with their coins? Also, do you think using Bitcoin like that would make it obvious that I have some? I keep my PC setup in my private space.
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greglaserFull Member
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#2Dec 6, 2024, 07:06 PM
Don't use Bitcoin coins. You need to understand difference between Bitcoin and bitcoin. Bitcoin is a blockchain. bitcoin is a coin on Bitcoin blockchain. So depends on whether you want to mention about the blockchain, use Bitcoin, or the currency, use bitcoin. "Bitcoin" vs "bitcoin" | Do we know the difference?
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im_altSenior Member
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#3Dec 8, 2024, 05:49 PM
I thought the “coin” it’s self is just a symbol that was probably crafted to create more awareness about bitcoin and the blockchain but has no any significant value it self? All I know is that it’s just a network that connects peers to peer on the blockchain to make transactions among users without third party. I never new people actually possess the physical coin. which to my understanding the coin it self can’t even be regarded any useful tool since all transactions are done on the network. It may just be a symbol of advertising and marketing to increase adoption of the technology without any use in the technology and also not spendable at all.
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tom.cobraFull Member
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#4Dec 8, 2024, 09:56 PM
Honestly, this is my first time seeing a physical bitcoin coin because all I know is that bitcoin only exists in digital or virtual currency, it has no physical form or image like fiat. However, based on my research, its just one of collector's items or token created by private companies, so it cannot be used to buy or invest. It features a hologram, meaning you will see private keys listed on the coin once you peeled it that will gain access to the bitcoin wallet itself. My advice, just collect and keep it. its better not to be displayed because other people might wrongly accused you of having a lot of real bitcoin.
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HyperGangMember
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#5Dec 10, 2024, 10:01 AM
What is the Bitcoin coin you have actually made of? The Bitcoin logo on the presented coin adds no substantial value to the coin. Its like having a Bitcoin shirt or Bitcoin hat... that logo does not actually help for trading purposes. It looks brass or gold. If its a brass coin, its almost entirely collector coin value of a few dollars. If a gold coin, its probably only gold plated and worth even less than a brass coin should be as a collector coin. If its 100% gold then the value is about 100% in the gold, not the Bitcoin logo.
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ryan_vaultFull Member
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#6Dec 10, 2024, 01:12 PM
Like they say, "wisdom is profitable to direct."  What you just have to do is not make any public stunt or awareness about your engagement with bitcoin because that would likely expose you to risk and danger, so it is better for you to keep quiet after getting the coin and act as if you know and have nothing than to begin to flash it and show off. Research data shows the increase in attacks on crypto and bitcoin enthusiasts all over the world, so you are not exempt from a possibly attack if you do not take caution. So it would be in your best interest to protect yourself by not showing off.
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alexwalletSenior Member
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#7Dec 10, 2024, 03:51 PM
You mean physical coins? they are just collectibles or accessories. Actually it's up to you what you use it for, I personally have bought and used it for this... It's truly a symbol of luxury, haha Yes, but it's not a rare item. In my country it's less than $1. I have never heard of a crime involving this item.
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cryptoapeMember
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#8Dec 12, 2024, 05:42 AM
Most people don’t actually “use” Bitcoin daily, they either hold it (store of value) or use it for specific situations. Common uses: sending money across borders avoiding banking limits saving in high-inflation countries You can spend it on hardware (including PC parts), but adoption varies by store. https://bitcoin.org/en/spend-bitcoin As for exposure, buying online won’t expose you physically, but your transaction history is public, so privacy depends on how you use it.
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0xR4venMember
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#9Dec 13, 2024, 02:14 AM
Bitcoins like these aren't rare; they're now readily available for less than $1. Without the hologram behind them containing the private key, they're merely replicas or accessories with no substantial value. If you have physical Bitcoins that have a hologram on the back, be sure to keep the private key secure and understand the risks involved because if the hologram is cracked, the private key can be accessed by others, and the Bitcoin can be stolen. Collecting Bitcoin replicas shows that someone has a connection with real Bitcoin, so it is necessary to remain anonymous to avoid inviting the malicious intentions of others who want to steal the physical Bitcoin because they think it is real Bitcoin.
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bengweiSenior Member
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#10Dec 13, 2024, 03:26 AM
If I understand you correctly OP, you refer to these decorative coins with Bitcoin inscription that looks like the real thing of a Bitcoin logo, but in reality, they are just aesthetics and have no real value except it exposes you and reduces your security that anyone who comes across it by mistake or in purpose would naturally have it in mind that you are into Bitcoin and hold alot of it. The real Bitcoin is digital currency while the one you mentioned is merely just gold plated and could interfere to short-circuit your device if it comes in contact with open connections to electricity.
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bit_2016Senior Member
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#11Dec 13, 2024, 05:03 AM
I think you're talking about the physical bitcoins that are good as collectibles. It might be confusing if we'll have to explain it here to you. But for you to have an idea, you can look at the Collectibles section and see what they are for. Some of them have embedded or loaded with real Bitcoin that you can import on your computer. While the most of them are gold plated or with silver or aluminum and good for collection purposes.
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ben100Full Member
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#12Dec 13, 2024, 08:59 AM
Yeah, those coins are just for show and don’t really mean anything in terms of actual Bitcoin. They can even draw unwanted attention, so it’s better to stay low key, even when using things like bitcoinbetting.
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benledgerSenior Member
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#13Dec 13, 2024, 01:04 PM
That one in the image? it looks like a gold plated steel coin, you can buy them for a few dollars so effectively its worthless, they are novelty pieces. Now if you head over to the COLLECTIBLES board > https://bitcointalk.org/index.php?board=217.0 you will see a lively community of creators and collectors of predominantly rare, limited edition physical collectibles with a lot of them being "loaded" meaning they contain actual Bitcoin Satoshi's
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#14Dec 14, 2024, 01:04 AM
Seeing your post have just made me realize that I don’t understand the difference between bitcoin and a Bitcoin, but why would there be a difference between Bitcoin versus bitcoin, because I absolutely think they means the same thing and the difference is just the opposite in capitalism words, Bitcoin being blockchain is still something I don’t understand and I will really like more light to be drawn towards it, bitcoin also being a coin only is something I literally don’t understand in your statement and I would really appreciate that you make me understand the difference between what you’ve just emphasized in your statement.
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BasedGasHero Member
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#15Dec 14, 2024, 04:16 AM
It is not bitcoin though, you just need to import the keys to access the bitcoin but those physical coins are more like a collectible but if you are that rich then surely you can use it as accesory for PC built but I suggest you can do better.
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anonSenior Member
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#16Dec 14, 2024, 06:44 AM
Not necessarily but I don't see how your explanation relates to ops question. He's asking about the physical bitcoin, more like a collectible. What you are explaining and what's linked on the thread you referenced is just a discussion about the use of "B" and "b" when describing different areas of the bitcoin system. Op can use the Bitcoin coins as they are simply collectibles like others have mentioned on this thread.. you have to import their keys into a wallet to spend them. Or use them as gifts to your loved ones. There's nothing special about the physical coins. It's just a symbol that represents bitcoin it self. Everything you need to understand it, can be found on the thread he referenced both capitalism signifies different things but still on the Bitcoin system itself. don't get all worked up about it, so you don't confuse yourself.
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degen23Full Member
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#17Dec 14, 2024, 03:55 PM
If you mean something like the one in the picture, then it's a collectible.. well, I've never owned one to begin with, so I don't know what it's used for other than as a collectible. there's a section on this forum dedicated to that, and you could probably discuss it there. but owning one isn't the same as owning bitcoin, just so you know.
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maxi_bitFull Member
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#18Dec 14, 2024, 06:37 PM
You mean as a decoration piece! Yeah maybe you will be asked by others once they see a physical coin on your desk even the sticker will make them ask, how much you hold since when? The coins are a good thing to have, I like the metal ones, although it is hard to get them here, maybe I can order them online from another country but I won't because I don't want extra attention from someone who can get the wrong ideas. The ease in sharing our opinions here is a real benefit of this community because we can't talk about Bitcoin with anyone as we can here. But if you are building a gaming pc then you are probably going to keep it in your personal room right, so maybe it is not that much exposure you are going to get, you would be right but if you have a lot of people come over then maybe you have to not show them your gaming pc to them.
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hash_bossLegendary
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#19Dec 14, 2024, 09:31 PM
Less than $1 is true for generic physical coin with Bitcoin image/icon, but it could be more expensive if you buy custom made or limited ones. Me too, but it would make some people (including one with bad intention) assume you also have actual Bitcoin or other cryptocurrency.
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chrischainFull Member
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#20Dec 14, 2024, 11:57 PM
Your imagination would allow you to choose what to do with it. Put it on a frame, or inside your PC build - you have a big playground here if you would like to do so, or just have it in your drawer.
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