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Author Topic: Real life usage of bitcoin  (Read 8924 times)
Jimiee
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June 01, 2018, 12:05:27 PM
 #261

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.
Sam San
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June 03, 2018, 07:42:41 AM
 #262

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's mostly about just storing value now and just sending the bitcoins to other people without the use of middlemen. The problem is, the transfer rate is slow and the transaction fee is expensive that's why people have a hard time using bitcoins for day-to-day living. They'll probably just use it for hodling.
this is a very good purpose to be a cryptocurrency of accumulation. so there will be an increase in transactions and value. circulation currencies usually lose in value during hard times.

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June 03, 2018, 07:48:15 AM
 #263

I think Samson Mow said that once we start getting paid in BTC it will be a lot easier to spend it and use it regularly.

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asraaf8687
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June 03, 2018, 08:43:30 AM
 #264

why is it necessary if it exceeds one country to legalize it as a currency similar to the national currency. because for OP OPs to specialize in making an ever more effective money management that we can use at the time it takes may be able to eliminate unnecessary shopping needs for it, we all have a lot of exchange services, that's how we make the most of it. at this time the real-life use is declining, but this will someday peak high in the near future because users start using it directly does not change to traditional fiat.
Rajamuda
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June 03, 2018, 08:53:43 AM
 #265

Moreover in the next.. I can still be sure that bitcoin more visible role in real life, such as to buy something in real life by using transactions using the internet. This is one of the new breakthroughs that will be able to compete with Fiat, good responses will be more seen on bitcoin.
asraaf8687
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June 03, 2018, 08:58:54 AM
 #266

perhaps personally Bitcoin currency has stronger usage in everyday life or finding salary in real activity, because the currency gives people in one chance to have more money that is very convenient and safe. if you understand what I give you a little knowledge.
asraaf8687
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June 03, 2018, 09:05:35 AM
 #267

from the first, I have held the bitcoin currency in order to buy exactly the same items as fiat or hoard, investing only in buying goods from digital games or purchasing online at brick or mortar stores, which occasionally receive the eye bitcoin money. Your assumptions are largely and subtly not based on Values to a usage, not to hoard.
Danlopz
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June 03, 2018, 08:22:07 PM
 #268

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.

I want to use bitcoin to buy exactly the same stuff as fiat, hoard, partially invest, buy stuff from digital games and online purchases to stores. I will exchange it with the currency that exists in my country with the help of an exchanger and then paying to the buyer. You can keep earning wealth as well and keep spending on the same level and it gives you all the freedom you want.
Syunusa
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June 03, 2018, 08:34:50 PM
 #269

Bitcoin is been used by people for payment of goods and services and also it serves as a form of investment. Since bitcoin price is volatiles, people normally buy where the price fall and sell when the price rise.
wave1002012
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June 03, 2018, 08:37:16 PM
 #270

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.

I want to use bitcoin to buy exactly the same stuff as fiat, hoard, partially invest, buy stuff from digital games and online purchases to stores. I will exchange it with the currency that exists in my country with the help of an exchanger and then paying to the buyer. You can keep earning wealth as well and keep spending on the same level and it gives you all the freedom you want.
for me the real usage of bitcoin is through investment and payment on different transations to estabidhment that accept bitcoin.
jayveerastrullo
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June 03, 2018, 08:42:09 PM
 #271

There are many things you can do with bitcoin, since most of them accept bitcoin. Like you go to car shop you can buy one using bitcoin. Also using bitcoin to build or grow a micro business.

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June 03, 2018, 08:42:16 PM
 #272

BTC had to come first because it's easiest to understand and trust. That doesn't make it the best. When animals evolve they go through many intermediary stages that are determined by environmental factors. They do not leap to the ideal form, nor is the progression always linear. Pretend as if we started in the water and evolved into a fish and the fish is btc. But the water is competitive and we can't outcompete Visa or PayPal at this point in the water and there's food on the land so we struggle to get out of the water and crawl in the mud for our food. The mud represents the darknet markets. Yes a fish isn't the best for traversing the mud but it works and is a necessary first step before we grow legs and start to run.
joshb028
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June 03, 2018, 08:49:21 PM
 #273

What is the real life usage of bitcoin? Well, bitcoin can be traded and convertable to fiat money which we use in purchasing our daily material needs and even paying services or accounts. Bitcoin is a good source of investment. Now if you question of being slow in accessing in it, thats normal. You need exert time and effort as in the usual field of work. But only if you have patience, then you can really experience the benefits of bitcoin in your real life
FeatherFan
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June 03, 2018, 09:01:58 PM
 #274

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 the purpose of buying bitcoin, because bitcoin has many functions such as: faster money transfer process, wealth heaping tools and modren payment tools more efficient (bitcoin can provide benefits).
for now there are some online stores that receive payments through bitcoin and I see online store stores that receive payments (bitcoin transactions) are currently increasing probably because of the progress of the current era, so many have received bitcoin as a very useful digital currency even very popular.
adjudicator
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June 03, 2018, 09:15:37 PM
 #275

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.
Buying bitcoin is an advantage to a people, bitcoin has a lot of functions that may help your way of living much easier, you can transer a money much quicker an safer, can pay a bill in just a second, can use to buy a products online, etc.

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Ethan Argu
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June 03, 2018, 09:22:43 PM
 #276

Yeah your right. If they want to be a realistic they need to study how can be possible in fast transaction, using bitcoin they need to have a protocol or some innovation to make the transaction will quick as possible in real life wee need that. And i know in future it will happen because pf the innovation of technology.

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Husen Alikhsan
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June 03, 2018, 10:00:23 PM
 #277

I do not think there is such a thing and there is no problem if the confirmation in bitcoin is slow or what. When you send the bitcoin you get it really returns it in the payment so that the consumer is confident and that will earn his money. Also you can negotiate fees that require consumers to pay half of the confirmation that will be faster and do not need to have bitcoin as a way of payment. You can easily exchange bitcoin in local currency and then pay to the consumer. Thanks
poldanmig
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June 03, 2018, 10:28:08 PM
 #278

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.
yes indeed if thought in terms of time and how to use I think the transaction with bitcoin is so time consuming and difficult but it is needed in an investment with bitcoin patience and thoroughness

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Gyromancer
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June 03, 2018, 10:39:46 PM
 #279

I agree that bitcoin and fiat currencies are complementary, not replace each other. That's why there are times when we can easily transact with fiat money and easily transact with bitcoin. If in real life it's hard to trade with bitcoin, we can use fiat money. We need to remember that not all countries allow transactions with bitcoin so that fiat money is also very important function. So I do not want to bother if it has to be rigid using bitcoin for the real world and online transactions. Therefore, all means of payment have their respective advantages and disadvantages.

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June 03, 2018, 10:44:47 PM
 #280

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.
yes indeed if thought in terms of time and how to use I think the transaction with bitcoin is so time consuming and difficult but it is needed in an investment with bitcoin patience and thoroughness

it does have to happen by having good patience to generate high profits. Try to be patient.

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