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Author Topic: Real life usage of bitcoin  (Read 8924 times)
irbayhan
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May 22, 2018, 09:18:12 AM
 #221

True, the price has never correlated with real life.
But by 2018 most people came to quite clear understanding what BTC is. If 4-5 years ago they thought to begin using it daily/weekly in 2018-2020 and were glad to make futuristic investment, now it's obvious that BTC still has very limited scope of application. That's the main problem. People can't wait much more
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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May 22, 2018, 11:20:29 AM
 #222

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 think this is one reason the store does not accept payment with bitcoin. they are lazy waiting for a very long transaction, they prefer payment with the original money and credit card because the process is very fast. today bitcoin is widely used by people just to invest and trade.

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May 22, 2018, 11:30:20 AM
 #223

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.

Recently we ordered pizza and burgers, took its while but it was giood enough!

TommyAMD
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May 27, 2018, 05:27:54 PM
 #224

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.
There is no limitation in Bitcoin usage. People can use bitcoin always in real life, commercial life and business life. I used my bitcoins in big hotels and for online purchasing.
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May 27, 2018, 06:02:18 PM
 #225

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.
BTC use for daily lives Smiley
really once and now it's a lot of people who use bitcoin for the needs of day-to-day such as a means of payment at the store and buy and sell online too. because it is also a bitcoin ATMs in various countries that have legalized bitcoin

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May 28, 2018, 10:15:52 AM
 #226

Bitcoin is a potential virtual currency
Bitcoin can be used in all areas where we need to make payments. We are very fortunate to have btc.
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May 28, 2018, 05:47:30 PM
 #227

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.

It has ability and potential to make your rich and wealthy but only for those who work with patient and never sell panic. Also there's some ways to earn with bitcoin and  they're too much easy. Make an account start increasing quality posts increase your rank and then apply for campaign. If you're lazy to do posting then you can apply for bounties, playing faucets, Or you can invest and hold your money in your wallets. You have to believe in crypto currency and before it you have to believe yourself. Bitcoin's gives you another chance to improve your life.
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May 28, 2018, 06:30:03 PM
 #228

Right Now Bitcoin is mostly used today as an investment . Bitcoin gives me freedom, through this I am earning a lot more money, Which may not be possible to work in a company
 It can be used to buy or sell items from people and companies that accept bitcoin as payment, but it differs in several key ways from traditional currencies
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May 29, 2018, 08:26:49 AM
 #229

For example, you use the stock market when you want to do something. And everyone does this in general. If real life happens, maybe it is not used very much, but if you know how to do it, you can trade for every coin.

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May 29, 2018, 08:32:05 AM
 #230

Right Now Bitcoin is mostly used today as an investment . Bitcoin gives me freedom, through this I am earning a lot more money, Which may not be possible to work in a company
 It can be used to buy or sell items from people and companies that accept bitcoin as payment, but it differs in several key ways from traditional currencies

many opportunities that we can produce with Bitcoin. With the Bitcoin then our chances to earn more will be more. Bitcoin simplify the life we have, the various financial transactions we can do. In addition, many investments that can follow. overall that Bitcoin has helped a lot of people's lives. I consider this a miracle.
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May 29, 2018, 06:26:12 PM
 #231

After knowing bitcoin I can buy valuable items, bitcoin is very useful if you know how to use it and many other things about bitcoin.

Bitcoin is really valuable thing in the real life. Although it is a virtual currency but it helps us like real currency. Anyone can access it anywhere anytime with the help of Internet. Bitcoin mainly solve the money transaction related problem. Many user of Bitcoin mainly use bitcoin for this money transaction thing. Bitcoin change low transaction fee and also provide fast processing with secure online transactions. Many user of it use it for online shopping because many online retailer use Bitcoin as trading tool. In this time people use Bitcoin for booking of flights, hotels, for monthly rents, EMIs etc.
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May 29, 2018, 06:32:34 PM
 #232

Bitcoin is very helpful in our lives. Bitcoin is first online currency. It may use in every sector. So that it is used to get our salary.Morever we could pay any bill. Smiley Smiley Wink
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May 29, 2018, 06:46:00 PM
 #233

Perhaps last year this time Bitcoin wasn't seen as a potential payment for services but due to the quick confirmation times and smallest of fees now, one can imagine the Bitcoin network being used for its original purpose. That purpose has been closer to fruition due to Lightning Network becoming more established and as of last week they now have $150,000 on the network. Slowly that will increase until one day two years from now, anybody who wants to use it and has no technical understanding can. And surely that will be the start to something great, as we will begin seeing micro transactions everyday in our society! Smiley

nguli
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May 29, 2018, 07:25:30 PM
 #234

in real life bitcoin usage is very much you can use bitcoin to buy whatever you want and you also can pay what you want to buy. some people can even exchange bitcoin with their local money.
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May 29, 2018, 07:30:11 PM
 #235

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.
for the moment in my country for real activity with direct bitcoin can not be done because the government still prohibits using bitcoin directly as a means of payment or direct transaction with bitcoin
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May 29, 2018, 07:36:10 PM
 #236

Investment, Payment, storing for profit, buying and selling and many more is its its usage. Real life usage! BTC is crypto currency. People is accepting this. Time will needed to make it more popular. Think of fiat money it also don't become popular in one night. Yea, some industries are now accepting bitcoin. One day it will take place beside fiat money, I do believe so.
yatogami
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May 29, 2018, 07:40:32 PM
 #237


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

Yes, all crypto currencies are nowadays used as speculative asset due the high volatility of this "baby" market.
I hope that in a couple of years BTC will be more stable that would lead to its acceptance as a reliable method of payment.



what's its purpose in my day to day life?

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

Bitcoin has no real value to me unless you can buy a cup of coffee in the nearest store using BTC wallet or something like that.





BennyK
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May 29, 2018, 07:40:44 PM
 #238

One thing we should know is that Bitcoin is still young and many countries and shops are yet to understand its concept and the benefits it can provide our society in terms of enhanced payment method. As Bitcoin grows in concept, more developments will fit in and increase the transaction fees to a more convenient one that even shops can adopt as "pay as you go" service.

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May 31, 2018, 04:20:16 AM
 #239

 They add a little gold for a more stronger foundation of some items like the diamonds. The same is the usage of btc but in the cryptoworld.
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May 31, 2018, 04:39:55 AM
 #240

The real use of bitcoin is that you can buy a lot of things you need to care for bitcoin because I'm lucky because I have a BTC so far it will help me

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