Bitcoin Forum
April 20, 2024, 12:33:10 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4]  All
  Print  
Author Topic: Besides its speculation ,what is the real use of bitcoin ?  (Read 2745 times)
Boseda
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
June 08, 2017, 06:37:36 AM
 #61

Unfortunately, as I said in this other thread - besides speculation - there aren't other relevant uses of Bitcoin.

Most people here just care about its dollar price...
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1713573190
Hero Member
*
Offline Offline

Posts: 1713573190

View Profile Personal Message (Offline)

Ignore
1713573190
Reply with quote  #2

1713573190
Report to moderator
1713573190
Hero Member
*
Offline Offline

Posts: 1713573190

View Profile Personal Message (Offline)

Ignore
1713573190
Reply with quote  #2

1713573190
Report to moderator
Yanisumin
Hero Member
*****
Offline Offline

Activity: 648
Merit: 502



View Profile
June 08, 2017, 06:41:24 AM
 #62

Well bitcoin as a medium of exchange is terrifying, the privacy were talking about is good and as good in using to bad things. As first usage is on the underground of the internet many people put in their mind that bitcoin is dangerous and illegal. We dont know for sure whats the best use of it, but its good to be use in having transactions. In the near future where we move electronically cryptocurrencies will be a major medium of exchange there but as of now like gold, in my opinion Bitcoin can be best use as a reserve.

hinatashoyou
Member
**
Offline Offline

Activity: 82
Merit: 10


View Profile
June 08, 2017, 06:48:09 AM
 #63

Unfortunately, as I said in this other thread - besides speculation - there aren't other relevant uses of Bitcoin.

Most people here just care about its dollar price...

Yeah, the fact is bitcoin is only used to get the dollar as much as possible, just to make a profit, most do not care what bitcoin and will be used for what, it is important they can get a lot of money
Schuyler
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
June 08, 2017, 08:43:51 AM
 #64

It really depends on what you want to use bitcoin for. I think it is fair to say that many consider bitcoin as the next big ticket towards big gains because of the tremendous potential to increase in price over a short period of time. To the people who are after its use as a pseudonymous currency, it is a way to buy things without the intervention of others, be it for legal or illegal means. For some, it is a new form of transacting that veers away from traditional ways and banking institutions.
Pages: « 1 2 3 [4]  All
  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!