Real life usage of bitcoin

[wallstone]

Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

The real life usage of bitcoin that you can use it in different kind of transaction like paying bills, shopping online,in business and many more.Bitcoin are commonly use in different country and they use it in there business.Im glad that bitcoin is kind of money that you can in any kind of transaction.

[MFahad]

Bitcoin give the different effect and usages in the real life of the people.
Now about me, i don't want to use bitcoin in all necessaries of the life.
Because i want to save bitcoin in my wallet. Because i know that i can't buy bitcoin again,
that the reason i want to use bitcoin only in investment or trading not in real life usages.

[South Park]

Bitcoin is mostly used today as an investment which would yield huge returns.The confirmation time is long and definitely it would be a big obstacle in accepting bitcoin for merchants.But since bitcoin payments cannot be reversed,merchants could give the products as soon as they see the unconfirmed message in their wallet.But there is a problem in that also.If we buy a product for $100 and we pay in bitcoin.If it takes about two or three days to confirm and at that time bitcoin price falls down,for example if our payment value becomes just $90 dollars,who would be willing to bare that loss?So it has to be solved at any cost.

To be honest, I think once a deal it is made then the seller must bear that loss, what I mean is lets look at it from the opposite perspective, if you buy something and then bitcoin reevaluates then you are not going to ask to get the difference back right? And even if you did no one is going to give it back to you, that is why many are holding their bitcoin and don’t let go, so in my opinion once you agree to the terms and you send the bitcoin then the seller will get the profits or the losses due to the changing price of bitcoin.

[jak3]

its a fare and square point. people will use paytm in my region but they will not use bitcoin, because there are many disadvantages of it and to get profit they have to actually use it. so they will choose other stuffs more than a virtual currency as they don't understand it till now.

[beerlover]

I guess bitcoin today is just for investment but still you can use it to buy in a store that is accepting bitcoin but not really in all store because I guess bitcoin is still in the process of adopting in so many countries and still many countries don't accepting bitcoins.

Yeah this is how I think of it as well. I think now a day it is not wise to spend any bit of the bitcoin. Hold it and keep it in your wallet as much as possible. I am saying it because I know and I can see the future of the Bitcoin, today people are talking to collect bitcoin but in a year or two people will be trying to collect satoshis so to be wealthy.

[megynacuna]

its a fare and square point. people will use paytm in my region but they will not use bitcoin, because there are many disadvantages of it and to get profit they have to actually use it. so they will choose other stuffs more than a virtual currency as they don't understand it till now.

Well you have them to adopt Bitcoin, every new thint takes time before it sinks deep into people's individual lifestyle and so give it some time while you teach them about Bitcoin and it's usage and I believe with time they will adopt.

[mizrak]

 If you can go in the  Japan you can see that Bitcoin can be used for the every payment purpose of you want to pay , even the airlines in Japan are started to accept Bitcoin as payment method . Bitcoin is now available at the local shop in the Japan , to think about the practical use  , I think in the logical way that how the economy of the Japan is increasing with the Bitcoin .
Japan is a big power in the technology ( 3 biggest to be precises) so you can measure how much the Bitcoin is powerful and safe according to the technology future with our money .
Bitcoin means when technology meets future money.

[Monnt]

Last year I tried to build online advertising platform with friends.
I didn't have enough funds so I spend some of my btc funds in the wallet.
I also cash out some of my btc funds in order to buy a new computer.
So, after all, I feel that I used my btc money wisely but now, when I see btc price, not sure any more

Well this is true that the bitcoin now a days is preferred by the people to not to spend and save it only. It personally doesn’t sound good to me. Whatever the price may be I don’t care if I am in need to spend some I will definitely spend them. I don’t like it being stingy and greedy all the time. The life is to enjoy no worries if you spend a little on yourself. To me the loveliest time is when I spend my earnings on myself.

[_Legendary_]

I just use the bitcoin to benefit, each month I routinely bought $120 about 60 percent I save on paper wallet (for long term investment) and the rest I use for trading (to get more profit with short term).

[zarintasnim]

Bitcoin uses increasing rapidly. So it use increase Daly life or real life. Now days japan take bitcoin randomly. Some stors,  airline take bitcoin without issue.

[PokerFace3]

Last year I tried to build online advertising platform with friends.
I didn't have enough funds so I spend some of my btc funds in the wallet.
I also cash out some of my btc funds in order to buy a new computer.
So, after all, I feel that I used my btc money wisely but now, when I see btc price, not sure any more

And that's why people are not spending even a bit of BTC on real life things. BTC is an investment now and people are more interested in holding them rather than using them. Who knows one day we may have BTC jewelry and people keep them in their chains.

I don’t know whether I am wrong or the people are? I don’t care what will be the price of the Bitcoin tomorrow nor do I hold them a lot. Though I have earned and I am still earning it but I still think that the perspective through which I am looking into it is a bit different from many of my mates. I believe in a dollar today is better than a dollar tomorrow. What if tomorrow you get 50 cents of it? One must think about it.

[South Park]

Personaly I spend Bitcoins with my Bitcoin debit card moste of the time because there are still not much places, at least in my country, where you can spend Bitcoin directly. But where I go somwhere abroad I inform myself about places where Bitcoin is accepted. And I wish there were more online shops who accept Bitcoins and not only for tecnical goods.

I’m on the same situation, using a bitcoin debit card allows you to use your bitcoin everywhere but the fees and the fact you are not using bitcoin directly is a hassle, we can also use our bitcoin to buy almost anything from amazon with purse.io but I would like to get to the point where I can buy my groceries and the cashier ask me, cash, credit card, or bitcoin? That would be great.

[Heartilly]

Don't you think price blast not correlate with its real life usage since its inception?

High price = high fiat value = more things to buy on real world

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

For the whole numbers, I don't have an idea. But we already have a Bitcoin ATM here. I known 2 of them but others here say there are still stationed on other cities.

Who will accept it in store when confirmation time is so long.

Single confirmation is enough for other merchants. And if that the case, withdraw the bitcoin instead and use that money to buy our desire needs.

[ActiveP]

bitcoin has been around but I suspect that this is only the beginning of its popularity and adoption. Right now it is used more for online payments for services and speculation.

It may not be the best at paying for goods, but a slowly and surely things are improving in that regard. In the US, especially the big states like NY and California,  real life usage is real, and growing by the day, same with Japan and Canada.

In Africa,  it is hailed as the fastest means of transferring financial assets. It is a matter of time before it evolves into buying goods and paying for food.

[countryfree]

I've have had people working for me and I paid them with BTC via:
https://www.xbtfreelancer.com/

I've paid for domain names with BTC via:
https://www.gandi.net/

This is real!

[Aztek]

Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself.

I found this one somewhat wrong. For me, buying bitcoin and using it for trading is a usage of bitcoin itself. And if you haven't heard of, there are now online stores accepting bitcoin as payment. There are also restaurants accepting bitcoin as mode of payment http://bitcoinrestaurants.net/ . Bitcoin is also being used for paying those who are in signature campaign or in any bitcoin related jobs. You just need to explore it more to discover more about it.

[Russlenat]

Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself.

I found this one somewhat wrong. For me, buying bitcoin and using it for trading is a usage of bitcoin itself. And if you haven't heard of, there are now online stores accepting bitcoin as payment. There are also restaurants accepting bitcoin as mode of payment http://bitcoinrestaurants.net/ . Bitcoin is also being used for paying those who are in signature campaign or in any bitcoin related jobs. You just need to explore it more to discover more about it.

Yes these is right, more establishment and online job now are accepting bitcoin as mode of payment.
Fiat value is not high to rise than bitcoin so people do change or convert there fiat to bitcoin in order to invest digital currency that is easily to trade with other coin with a highest value and it can be double your fiat in short time.

[AjithBtc]

Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself.

I found this one somewhat wrong. For me, buying bitcoin and using it for trading is a usage of bitcoin itself. And if you haven't heard of, there are now online stores accepting bitcoin as payment. There are also restaurants accepting bitcoin as mode of payment http://bitcoinrestaurants.net/ . Bitcoin is also being used for paying those who are in signature campaign or in any bitcoin related jobs. You just need to explore it more to discover more about it.

Yes these is right, more establishment and online job now are accepting bitcoin as mode of payment.
Fiat value is not high to rise than bitcoin so people do change or convert there fiat to bitcoin in order to invest digital currency that is easily to trade with other coin with a highest value and it can be double your fiat in short time.

More online job service providers have started to pay in terms of bitcoin. In the past fiverr served to be an trusted platform for freelance​workers get paid in bitcoin. It stopped the service for some purpose. Something similar to that once again initiating the service will make it more popular and reach more users.

[steampunkz]

Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me.

[sobsitesearch]

Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me.

Like me, i always pay big transaction fee every time i withdraw my bitcoin because i want to make my bitcoin to be a fiat quickly since i earn bitcoin for free, i just earn in signature campaign and it is good enough earning for me.
My actual bitcoin usage is buying a load and paying my bills other than that i do exchange it into fiat to spend in other things.