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Author Topic: Real life usage of bitcoin  (Read 8934 times)
Vanhoang2000
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July 06, 2018, 04:00:43 PM
 #621

Bitcoins are used for trading purposes and they are created so that investors can invest from participating in ico programs or invest in digital technology that is the purpose of bitcoin and the and the role
lani123lani
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July 06, 2018, 04:41:09 PM
 #622

I personally have used bitcoin to buy things I want like computer electronics and other electrical devices and buy gold for my wife. so Bitcoin indirectly has real life usage.

musta5a
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July 06, 2018, 04:47:07 PM
 #623

Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me. Because it seems the government does not accept it and it is not legally used at the present time. However, I think it is quite easy to switch to fiat and use and practical. So many people still choose to invest in it.

how are you earning your bitcoins for free if I may ask? bitcoin is money and no one is giving money away for free. I guess you mean you do bounty and then you convert it to bitcoin. But that's not for free

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pvtuan34897
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July 06, 2018, 04:49:52 PM
 #624

Quote
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.

Bitcoin real life usage is buying items online, trading and investing. These are my usage of bitcoin were could really helps me in my daily life and gives extra income. Also, making some payment thru online so Im very thankful that I have bitcoin which less efforts in payment.
Pamela Silvaa
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July 06, 2018, 05:28:19 PM
 #625

Turning cryptocurrency into physical coins and notes will no doubt make it more accessible to the general public, and it might even convert those who were skeptical about the currency in the past.
fastestrider
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July 08, 2018, 03:58:27 PM
 #626

Have you ever transfer your money to your relatives when you're at abroad?
If you have ever been in that situation you'll see why Bitcoin has that success when it's a currency.
bad_apple
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July 08, 2018, 04:07:21 PM
 #627

In my opinion, the real life usage of bitcoin is when you withdraw and spend it on yourself, or for someone else, and it's very useful, it really save a lot.
kangbasir
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July 08, 2018, 04:33:00 PM
 #628

in my opinion bitcoin tools Transactions and Investment Easy to use in real life Bitcoin is commonly referred to as digital gold or that is a new way of transferring and saving money.
Larva14
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July 08, 2018, 04:38:58 PM
 #629

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.
Yes, I know how to spend my bitcoin but first thing I do before I spend my bitcoin is to think if it worth it cause I want to use it wisely. I buy first in my bitcoin is a computers cause I need it to my work in bitcoin and I pay advance on my internet bill.
TmottaDing
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July 08, 2018, 04:43:30 PM
 #630

You can actually use your own bitcoins in different ways, if you are not able to do so, just order a debit card (a prepaid one) and topup it with bitcoins, and you will be able to use it in a daily basis, that is what i did a few months before.

Sam San
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July 08, 2018, 05:39:41 PM
 #631

People are using bitcoin frequently in their daily life for example; in several countries Bitcoin has been used for the sale and purchase of property, many websites, hotels and even airlines are accepting bitcoin as their payment method.  In past couple of years bitcoin has gain enough popularity among people and hence in our daily life also.
I would like to clarify in which countries have already begun to accept bitcoin as a means of payment? as a means of investment, it is used in many countries...

dimiinx
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July 08, 2018, 06:08:07 PM
 #632

The usage of bitcoin is to earn an extra income. Doing somr investing and trading is the main usage of it to get double the capital. And it also having a fast transaction by the payment thru online and having a good security.
Cryptocb
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July 08, 2018, 06:17:16 PM
 #633

Bitcoin is an asset which can take a very long period of time with out depreciating much, but rather appreciate in value, because bitcoin is a digital money that no have a fixed price.
naran0093
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July 08, 2018, 06:17:34 PM
 #634

2018 has many merchants who accept bitcoin as payment system, even amazon and paypal. Is not this good news for bitcin enthusiast? No need to withdraw to spend your bitcoin. 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.
aliichaudhary
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July 09, 2018, 04:05:43 PM
 #635

Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself. Its all the reality
indoagung88
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July 09, 2018, 06:32:21 PM
 #636

because there are still not many countries that legalize bitcoin transactions, maybe this is what makes the use of bitcoin can not be like the country's currency. there are even countries that prohibit bitcoin. I hope in the future bitcoin peak high popularity, so it can be a legitimate payment tool. I think positive about it.

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leoasdnedc
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July 10, 2018, 01:23:56 AM
 #637

you can do much with bitcoin in daily basis. It can gives you profit just for holding it when price rises up everyday and you can cash out or convert it into fiat currency. I usually use bitcoin to make my life easier compare to the time that I don't have Bitcoin. I use Bitcoin in the field of investment.
Samuel188
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July 10, 2018, 01:25:25 AM
 #638

It's true that many people today use bitcoin for speculative purpose but it doesn't mean it has no real life usage. For example, i pay for internet service with bitcoin and send fund overseas in bitcoin is way more convenient.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.
Max_fee
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July 10, 2018, 01:26:38 AM
 #639

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. 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.
WhileOscar2018
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July 10, 2018, 01:29:14 AM
 #640

Bitcoin is been used by people for payment of goods and services and also it serves as a form of investment.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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