Real life usage of bitcoin

[ubay]

Now, bitcoin confirmation is getting faster thanks to its constantly updated technology. And of course a solid community, all need a process. Nothing is perfect even though blockchain and bitcoin are the most perfect things I've seen in technology.

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[Gummybear67]

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 that is true but you know what, I'm sure most of the people who are currently using bitcoin have other jobs or businesses as well. We just don't depend our life with bitcoin, we need to widen our properties. So what if the transactions or confirmation time is slow we have other savings anyways. Bitcoin makes us wealthy so nevermind the negativity.

[anitaraymonds]

Bitcoin is still developing and this issues of long time confirmation will over the time consolidated and resolved. If the use of bitcoin is encouraged  to the extend that shops starts accepting bitcoins. The idea of buying to hold and wait for price increase to sell off is not helping the wider usage of bitcoin rather using of bitcoin through P2P will aid the usage and adoption of bitcoin.

[giaoduc24h]

In my opinion, Bitcoin create money to me and be used in my daily life. Besides from earning salary in my job, daily income has never been a problem to me. Bitcoin help me to earn more extra at a very convenient ways. For me, Bitcoin is number 1, I love it.

[Viendong6158]

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.

[julielyn]

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.

I use bitcoin in real life by buying home appliances such as tv radio and computer. I also support the day-to-day needs as well as the tuition of children at school. That is the bitcoin I use at real life.

[mithon2017]

it's good idea. Bitcoin gives our lot of opportunities. people using Bitcoin many ways. Bitcoin is really useful for real life. it's transaction is very fast. it's transaction cost is low. if you sent Bitcoin of your partner, you r not get return it. so the buyer are sure they get it. it's is very secure. Bitcoin is acceptable worldwide. though Bitcoin is promising but it's some risky. if you can't proper knowledge about Bitcoin you loss your money. so be careful

[rowan.thomas]

t's true that many people today use bitcoin for speculative purpose but it doesn't mean it has no real life usage.If the offline store has not received bitcoin as a payment system then back up or withdraw some of the profit you earn from bitcoin.

[Ronaldcoin2017]

it's good idea. Bitcoin gives our lot of opportunities. people using Bitcoin many ways. Bitcoin is really useful for real life. it's transaction is very fast. it's transaction cost is low. if you sent Bitcoin of your partner, you r not get return it. so the buyer are sure they get it. it's is very secure. Bitcoin is acceptable worldwide. though Bitcoin is promising but it's some risky. if you can't proper knowledge about Bitcoin you loss your money. so be careful

The real usage of bitcoin is that, people used it as thier asset of gaining and it really helps a lot because it is proven and tested that can give a huge return from our investment. The only thing here is we are really the one who is incharge of making the right decision with our own understanding, and I think we need a big patience on this feild.

[Redhead5]

In my opinion, Bitcoin create money to me and be used in my daily life. Besides from earning salary in my job, daily income has never been a problem to me. Bitcoin help me to earn more extra at a very convenient ways. For me, Bitcoin is number 1, I love it.

Yes, I believe with that but it needs more knowledge and analysis where to get instant profit when investing bitcoin in effective ways. So in real life bitcoin usage helps great to eased our financial needs if we strived hard to learn how to get huge benefits from it.

[tuan16x3abkdn]

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Re: Real life usage of bitcoin
June 02, 2017, 02:25:28 AM
Reply with quote  #3
Its nothing like that. It doesn't matter if bitcoin confirmations are slow or what. When you send you bitcoins you can not really revert the payment so the buyer is is assured that he will get his money. Also, you can negotiate fees and ask buyer to pay half and you will pay half that way confirmation would be faster. It is not necessary to have bitcoin as mode of payment. You can easily swap your bitcoins in the form of USD or whatever your local currency is with the help of exchangers and then pay to buyer. Why to restrict one self by just sticking to bitcoins. You can keep earning wealth as well and keep spending at the same rate and it gives you all the freedom you want. 

[BennyK]

Bitcoin was purposely created to enhance payment method by eliminating third party interferences during transactions, offering high transaction speed and low costs per transaction. Anyway, some people also tend to utilize the capability of Bitcoin rising to high prices as a form of investment where they hold for long term goals.

[CoinSenSei]

real life usage is not workinbg now since people still need to use fiat to exchange for btc. why not just use fiat..

[TheKeyLongThumbI]

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.

People can still the tx id and they don't need the confirmation if they can't wait. As long as it is processing on the blockchain, there is no other way to cancel it so they don't have to worry if it is taking too long. Just send the amount then the tx id then it is done.

[BigBos]

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.

People can still the tx id and they don't need the confirmation if they can't wait. As long as it is processing on the blockchain, there is no other way to cancel it so they don't have to worry if it is taking too long. Just send the amount then the tx id then it is done.

for real-world use, I've never done it before. but, I've done bitcoin transaction face to face several times. well, it's like lending a few bitcoins to people, and he's giving it back. for now, the use of bitcoin is obviously banned in my country. we prefer the fiat in comparison to the others.

[vonnyaries]

i dont think that bitcoin can used in real life right now becasue of the high fees and the long time confirmation also about sending method i think bitcoin can't used for dailu usage because it will very hard to use, but maybe if the there are developer that want to solve that problem i think bitcoin can be the main payment in the offline store and real life usage

[Twinscoin2017]

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.

People can still the tx id and they don't need the confirmation if they can't wait. As long as it is processing on the blockchain, there is no other way to cancel it so they don't have to worry if it is taking too long. Just send the amount then the tx id then it is done.

for real-world use, I've never done it before. but, I've done bitcoin transaction face to face several times. well, it's like lending a few bitcoins to people, and he's giving it back. for now, the use of bitcoin is obviously banned in my country. we prefer the fiat in comparison to the others.

The bitcoin is now used as an investment. I see tgat most of the people make a profit on bitcoin feild through buy and selling it is really use to gain a huge amount of profit and to secure future. That is why bitcoin is said to be a new hope, and a new ways of gaining an extra income.

[sheryl26]

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 depends on what country are you into on what are the usage of the bitcoins. Because there are some counties that accepts bitcoins in their stores like restaurant or schools and a lot more. While here in our country your bitcoins can be a mobile load pay bills pay online games and they can be converted into cash. That is the best part even if there are limited people who accepts bitcoins in our country we have a bank that converts it into cash and then we can buy anything we can afford.

[Linanak]

Bitcoin has no practical solutions, Bitcoin and Altcoin have not yet created real payment solutions. Everyone considers Bitcoin as a portfolio, which helps investors to profit.

[Sonofshmidt]

Exectly! Bitcoin like a gold in cryptoworld, it is measure for other cruptocurrencies. People mostly use it just for savings or trading.