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Author Topic: Real life usage of bitcoin  (Read 8924 times)
albertvert
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June 18, 2017, 04:57:28 PM
 #121

Personally, Bitcoin has a very powerful use in my daily life. Besides from earning salary in my real life job, because of Bitcoin, it gives people opportunity to earn more extra at a very convenient ways (if you know what I am talking about). Over-all, because of bitcoin, daily income has never been a problem to me.
You are right, bitcoin can help us a lot in our life. We can earn an extra salary by providing some services or anything like that in the internet, but we should be have a good knowledge about jobs in internet and we should have skills.
Anyways; as the bitcoin price increase each days, so, the profit increase too.


Ya.I accept this.We can get More money for our expenditure. It satisfy many of our additional needs.
zulkarnaen
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June 18, 2017, 05:43:52 PM
 #122

Certainly contribution of bitcoin in life has a role that is very helpful to its users in various countries.
And there is not set limitation in the use of bitcoin, whether rich or poor young or old age has the same opportunity to earn income from bitcoin.
According to their ability and knowledge on how to get bitcoin.
lisa255
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June 18, 2017, 06:31:41 PM
 #123

Certainly contribution of bitcoin in life has a role that is very helpful to its users in various countries.
And there is not set limitation in the use of bitcoin, whether rich or poor young or old age has the same opportunity to earn income from bitcoin.
According to their ability and knowledge on how to get bitcoin.

There are no such restrictions even when using a centralized currency.
Bitcoin is now hard to use in real life. In many countries, there is simply no way to buy goods with bitcoin. But I hope that this situation will change in the near future

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June 18, 2017, 06:43:51 PM
 #124

Certainly contribution of bitcoin in life has a role that is very helpful to its users in various countries.
And there is not set limitation in the use of bitcoin, whether rich or poor young or old age has the same opportunity to earn income from bitcoin.
According to their ability and knowledge on how to get bitcoin.

There are no such restrictions even when using a centralized currency.
Bitcoin is now hard to use in real life. In many countries, there is simply no way to buy goods with bitcoin. But I hope that this situation will change in the near future
in fact currently most of the people do not have much more knowledge about bitcoin and therefore they are  not investing their money here. I am sure that when they will get knowledge about bitcoin and will become confident they will start using bitcoin and then the local shopkeepers will become confident to start accepting bitcoin for shopping  and for so many other purposes, we just need to wait for some more time.
BunnyShibe
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June 18, 2017, 11:00:16 PM
 #125

Certainly contribution of bitcoin in life has a role that is very helpful to its users in various countries.
And there is not set limitation in the use of bitcoin, whether rich or poor young or old age has the same opportunity to earn income from bitcoin.
According to their ability and knowledge on how to get bitcoin.

There are no such restrictions even when using a centralized currency.
Bitcoin is now hard to use in real life. In many countries, there is simply no way to buy goods with bitcoin. But I hope that this situation will change in the near future
in fact currently most of the people do not have much more knowledge about bitcoin and therefore they are  not investing their money here. I am sure that when they will get knowledge about bitcoin and will become confident they will start using bitcoin and then the local shopkeepers will become confident to start accepting bitcoin for shopping  and for so many other purposes, we just need to wait for some more time.
yes in fact bitcoin is not yet so much popular, and still there are a lot of areas where people even did not hear the name of bitcoin, I think the main reason can only be that still bitcoin is not so much popular in most of the area. and when it will become popular then we can expect that they will take interest in bitcoin and when the number of users of bitcoin will increase then it will become possible that people there will also start using bitcoin in their real life.
Casabrandy
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June 19, 2017, 02:25:44 AM
 #126

Certainly contribution of bitcoin in life has a role that is very helpful to its users in various countries.
And there is not set limitation in the use of bitcoin, whether rich or poor young or old age has the same opportunity to earn income from bitcoin.
According to their ability and knowledge on how to get bitcoin.

There are no such restrictions even when using a centralized currency.
Bitcoin is now hard to use in real life. In many countries, there is simply no way to buy goods with bitcoin. But I hope that this situation will change in the near future
in fact currently most of the people do not have much more knowledge about bitcoin and therefore they are  not investing their money here. I am sure that when they will get knowledge about bitcoin and will become confident they will start using bitcoin and then the local shopkeepers will become confident to start accepting bitcoin for shopping  and for so many other purposes, we just need to wait for some more time.
yes in fact bitcoin is not yet so much popular, and still there are a lot of areas where people even did not hear the name of bitcoin, I think the main reason can only be that still bitcoin is not so much popular in most of the area. and when it will become popular then we can expect that they will take interest in bitcoin and when the number of users of bitcoin will increase then it will become possible that people there will also start using bitcoin in their real life.

On our country there's an app uses btc as payment for eloading, electric and water bills. Though it was'nt popular that much but its really good to know that slowly the community,business man were putting their trust on btc.

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ufaiz50
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June 19, 2017, 04:05:26 AM
 #127

Certainly contribution of bitcoin in life has a role that is very helpful to its users in various countries.
And there is not set limitation in the use of bitcoin, whether rich or poor young or old age has the same opportunity to earn income from bitcoin.
According to their ability and knowledge on how to get bitcoin.

There are no such restrictions even when using a centralized currency.
Bitcoin is now hard to use in real life. In many countries, there is simply no way to buy goods with bitcoin. But I hope that this situation will change in the near future
in fact currently most of the people do not have much more knowledge about bitcoin and therefore they are  not investing their money here. I am sure that when they will get knowledge about bitcoin and will become confident they will start using bitcoin and then the local shopkeepers will become confident to start accepting bitcoin for shopping  and for so many other purposes, we just need to wait for some more time.
yes in fact bitcoin is not yet so much popular, and still there are a lot of areas where people even did not hear the name of bitcoin, I think the main reason can only be that still bitcoin is not so much popular in most of the area. and when it will become popular then we can expect that they will take interest in bitcoin and when the number of users of bitcoin will increase then it will become possible that people there will also start using bitcoin in their real life.
not only local shops but also factories as manufacturers of goods to be able to gain knowledge about bitcoin. probably price fluctuations and long transaction confirmations are also the reason shop owners who know about bitcoin don't receive as payment.

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June 19, 2017, 04:17:34 AM
 #128

Real life usage of bitcoin for me is my extra income, it's like my monthly salary because I hold it for long time and cash-out when the time is right and I have to buy something.

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DOGE12321
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June 19, 2017, 04:18:12 AM
 #129

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.
Well people who accept in their stores really depends on the vendor. For example, Japanese airlines have begun accepting Bitcoin. But only time will decide Bitcoin's fate. If Bitcoin rises in popularity and becomes used by many people, then vendors would have no choice but to accept Bitcoin. You could convert BTC to fiat by selling it on sites like localbitcoins, coinbase...etc Then you can use the fiat to buy everyday commodities.
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June 19, 2017, 07:27:22 AM
 #130

I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.

coerdy
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July 05, 2017, 10:27:29 AM
 #131

No special conditions in usage of bitcoin, which is implemented for different purposes. Bitcoin technology is used for real life usage including shopping, gold purchasing, fun purpose or any. At present, most of the entrepreneurs used mostly in business purpose and commercial transaction purpose.
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July 05, 2017, 10:56:25 AM
 #132

I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.
even basically bitcoin are an online currency it's doesn't mean not fit to real life usage. but yeah for now i think the only thing you can use bitcoin in real life are to buy a cup of coffee as while waiting the transaction confirmed you will still be there. the other merchants might still required a lot of work, as double spend crime could happened when a merchant accept 0 confirmation, not really fit for now.

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July 05, 2017, 12:25:33 PM
 #133

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.
So we all think thiat because of long time confirmations, Bitcoin can not be accepted as a payment method for daily payments but I think buyers and sellers will find a way out to solve that problem.
Vixmore
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July 05, 2017, 02:13:03 PM
 #134

There are many real life usages of Bitcoin. Ultimately, the question we need to ask ourselves is what we would like to use it for?
Since Bitcoin has the overall ability to complete simple and fast payments, it makes it very easy and logical for companies to afford in such said technology and payment methods. These include companies such as Amazon, Microsoft and many more.... This usually tells us that Bitcoin is here to stay for a long time. Bitcoin can ultimately replace cash and wire transfers in any way possible. Usually, the majority of bitcoin purchases are made for online ordering such as amazon, and various other online-store purchases. If the user does not fully like the ideology or direct usage of bitcoin, they may choose to sell it for their desired currency and use that however they please.
I do not think that bitcoin will ever have ATMs, I mean, whats the point? The whole ideology of bitcoin is to have a decentralised form of currency that is kept secure in the cloud.
Paid Piper
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July 05, 2017, 10:13:21 PM
 #135

I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.
even basically bitcoin are an online currency it's doesn't mean not fit to real life usage. but yeah for now i think the only thing you can use bitcoin in real life are to buy a cup of coffee as while waiting the transaction confirmed you will still be there. the other merchants might still required a lot of work, as double spend crime could happened when a merchant accept 0 confirmation, not really fit for now.
although bitcoin is an online currency, but i am sure that there are some countries where bitcoin can even use in local shops, local shops are already accepting bitcoin. and very soon this trend will become exceed and people will start using bitcoin in local shops also.
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July 05, 2017, 11:06:29 PM
 #136

No special conditions in usage of bitcoin, which is implemented for different purposes. Bitcoin technology is used for real life usage including shopping, gold purchasing, fun purpose or any. At present, most of the entrepreneurs used mostly in business purpose and commercial transaction purpose.
in fact is really still dfficult to use bitcoin in real life. although in some place people are also using it as in Brazil people are using bitcoin in some of their local shops, but still for few stuff and for majority of stuffs we use fiat currency.
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July 06, 2017, 12:19:43 AM
 #137

It has no real life usage bitcoin accepted here is just a useless sign and i don't know why people get over hyped when they see bitcoin is accepted at a particular place because even if we pay we simply have to pay a additional 2-3$ fees and wait for atleast an hour to confirm
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July 06, 2017, 06:25:09 AM
 #138

I've use bitcoin to buy computers, gold, silver, and various collectibles on this forum. It is very useful if you know how to spend it.
It is true that we can not use bitcoin for everyday transactions in everyday life. But you are right we can buy high value stuff from bitcoin, bitcoin is very useful.
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July 06, 2017, 07:49:31 AM
 #139

I've use bitcoin to buy computers, gold, silver, and various collectibles on this forum. It is very useful if you know how to spend it.
It is true that we can not use bitcoin for everyday transactions in everyday life. But you are right we can buy high value stuff from bitcoin, bitcoin is very useful.

Yes, bitcoin is very useful in digital exchange and trading transactions, but for me I would rather cash-out some of my bitcoin and spent paper money in real life in order to avoid hustle in every transaction we encounter.

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July 06, 2017, 08:15:41 AM
 #140

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.

I know what your trying to intend or to express about in bitcoin. As time goes by, as you can you can see the usage
of Bitcoin it is commonly used for sending money in the entire world, through remittances, aside from it people do bitcoin
for trading profit in the exchange market then people do bitcoin as their alternative replacement to their
source of income.
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