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Author Topic: Real life usage of bitcoin  (Read 8934 times)
BagzMM
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June 07, 2018, 06:18:49 AM
 #321

After knowing the bitcoin I had pretty much intended for my future. Bitcoin is quite useful, it brings me income. I intend to make long-term investment in it.
Yes i agree, bitcoin opens opportunities to people who wants to venture business and also give people extra income by joining a bounties.
basyang
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June 07, 2018, 06:19:15 AM
 #322

For me, real life usage of bitcoin is to make everyone convenient as they pay, its a digital currency that makes your transactions fast and there is no need for a third party. Bitcoin can change the way we shop and transact, this must be the currency of the century.

I agree with you,  that's just what I am thinking. As what you said above for you the real life usage of bitcoin is for convenient in paying. Yes for me I thought it that way, I thought that the usage of bitcoin is use in many transactions in money just like transferring money, using in mode of payment and so on. When we used bitcoin our life will be easy when in comes to money transactions and it will our options in paying bills online, or we can use it in buying in the online store. As the innovation of technology is becoming better.

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VeronAncient
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June 07, 2018, 06:30:45 AM
 #323

currently. the use of bitcoin in real life is only for trading on the coin exchange. so the user will make withdrawal of assets into the currency according to the type of country. then will withdraw the money into an account at each bank. and will be used to transact using conventional money. this is because the digital currency has not been legally accepted worldwide for transactions.
Al Muhaimin
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June 07, 2018, 06:37:28 AM
 #324

Since its inception, I have used bitcoins to buy the exact same things you do with fiat, hoard some, invested some, bought stuff from digital games and online purchases to brick and mortar shops that actually occasionally accept bitcoin. Your assumptions are mostly unfounded. Value comes with usage, not with hoarding 100%

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monkeydominicorobin
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June 07, 2018, 06:44:11 AM
 #325

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.

Who told you that Bitcoin POS will have a slow confirmation time. That is fake news. https://youtube.com/watch?v=qbNG66nQdqA just watch the video. This is in Japan.

K.Tumpa
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June 07, 2018, 06:51:27 AM
 #326

Real life usage of bitcoin Some people.Day by day bitcoin earning most people.Bitcoin is number 1coin market price.It's price up & down.Bitcoin earning from future life bright. Bitcoin earning part time income source. It's world wide popular site.Bitcoin world wide crypto currency. Most people this used & They life increased.So I there for bitcoin use of my Real life.
retnoanjani
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June 07, 2018, 06:58:50 AM
 #327

currently. the use of bitcoin in real life is only for trading on the coin exchange. so the user will make withdrawal of assets into the currency according to the type of country. then will withdraw the money into an account at each bank. and will be used to transact using conventional money. this is because the digital currency has not been legally accepted worldwide for transactions.
You are right, so far the status of bitcoin is more likely as a commodity and an asset. The use of bitcoin as a means of payment is still not effective, in addition to the problem of legality, transaction fees and long waiting time is quite difficult in micro-payment transactions.

hamim18
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June 07, 2018, 07:00:46 AM
 #328

Bitcoin has more powerful uses in my daily life.It has changed my life.I bought my laptop,Start a new business.My led tv & other things by bitcoin.It really blessings in my life.I tanks to crypto for my changes.
Farahtenan
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June 07, 2018, 07:28:18 AM
 #329

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.
Actually I would love to use Bitcoin in real life but unfortunately, in my country, the use of Bitcoin is still limited. In fact, it should not be if there is a store that uses payment through Bitcoin. If there is a store like that I'm sure the store will get severe sanctions because it violates the rules set by the government. I hope the government will receive Bitcoin in the future.
bitzizzix
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June 07, 2018, 07:35:11 AM
 #330

Bitcoin is very helpful in my life and makes my life better and comfortable in everyday and economic needs, bitcoin like a hero in every problem I face especially in financial matters.
and besides I can help for the needs of my family and make them happy because I can realize what they want for my family and me.
dongosquad
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June 07, 2018, 07:47:12 AM
 #331

Bitcoin is very helpful in my life and makes my life better and comfortable in everyday and economic needs, bitcoin like a hero in every problem I face especially in financial matters.
and besides I can help for the needs of my family and make them happy because I can realize what they want for my family and me.
So, do you use it as a commodity? So you get a profit that you can use to help meet family needs and raise economic standards. It is very cool.
My conclusion, most people do use it as a commodity and an asset, very rarely used as a means of payment.

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vending
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June 07, 2018, 12:41:17 PM
 #332

all that could happen, I also had to imagine the cost of our daily spending that had been using fiat money instead of bitcoin. some areas in my country already use the system . But myself have never done . I think 'what they do not lose ?, the fee from this bitcoin transaction I think expensive.  next as you ask how long they wait for confirmation?
Stormyblue
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June 07, 2018, 01:02:00 PM
 #333

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.
We all anticipate the real life usage of Bitcoin but we have neglected some of these issues. But new projects are being developed everyday and some almost all of them are geared to solve a challenge with the crypto community. Some are developing smart contracts to help improve the transaction systems. So i think generally crypto is still in its early stage and we can expect enhancement as time goes on
Sand King
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June 07, 2018, 01:06:07 PM
 #334

Bitcoin is very helpful in my life and makes my life better and comfortable in everyday and economic needs, bitcoin like a hero in every problem I face especially in financial matters.
and besides I can help for the needs of my family and make them happy because I can realize what they want for my family and me.
    Bitcoin is like a great great great job that I had in my life because it brings me so much comfort and convenience in me because  it gives me financially stable and not to have both of them anything with my financial needs and wants

LianaSie
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June 07, 2018, 01:09:25 PM
 #335

Bitcoin is the king of cryptocurencies now, it does not have to be useful in everyday life. Just like the gold. Altcoins will do the job  Grin

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Pemburu dollar
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June 07, 2018, 01:10:08 PM
 #336

For me bitcoin is an investment and place to multiply money.
You can use bitcoin in everyday life as well as shopping, alms and so forth.Because today many stores, restaurants, mosques that receive payment with bitcoin.






I think No need to have bitcoin as a way of payment. You can easily exchange your bitcoin in USD or whatever your local currency with the help of an exchanger and then pay to the buyer. Why limit yourself to just sticking bitcoin. You can continue to earn wealth as well and keep spending on the same level and it gives you all the freedom you want.
Nothing like that. It does not matter if the bitcoin confirmation is slow or what. When you send a bitcoin, you can not actually refund the payment so the buyer is sure that he or she will get the money. Also, you can negotiate a fee and ask the buyer to pay half and you will pay half of the confirmation which will be faster.
pernah ada
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June 07, 2018, 01:10:55 PM
 #337

different from me, i have not received income from bitcoin because at this time i still follow project length duration and let alone i just as beginner still pioneering.
Sand King
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June 07, 2018, 01:10:59 PM
 #338

all that could happen, I also had to imagine the cost of our daily spending that had been using fiat money instead of bitcoin. some areas in my country already use the system . But myself have never done . I think 'what they do not lose ?, the fee from this bitcoin transaction I think expensive.  next as you ask how long they wait for confirmation?
.    Bitcoin is like a great great great job that I have because brings me so much comfort and convenience  because it keeps me financially stable and not having any trouble with money as compared to my life that back then that I don't know anything about crypto currency's and I can see that it's such a great experience to know this

DisWhale
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June 07, 2018, 01:13:29 PM
 #339

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.
Real life usage of Bitcoin has now shifted more to investment although there are some some stores which accepts Bitcoin as medium of exchange. Bitcoin users have come to understand that holding Bitcoin for a long term is more lucrative and no prefer to hold than to actually trade or patronize items with it.
FiveReels
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June 07, 2018, 01:21:44 PM
 #340

I usually read on news and blogs about bitcoin, It is usually used in investment, Trading are the most common used in bitcoin, It could also a medium to purchased goods and a form of payments for any services rendered in digital world. Bitcoin is very efficient to use in terms of processing transactions.
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