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Author Topic: Real life usage of bitcoin  (Read 8924 times)
muarip
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July 11, 2018, 12:24:05 AM
 #681

The problem for the time being is that the Lightning Network is being developed to allow for daily usage. As soon as further upgrades are completed, bitcoin will once again be known as a means of exchange. This will happen in a year or two.

If it takes only the next 1 or 2 years it will be a good thing but will it happen? Does the information have certainty?

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Ahmadarwani56
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July 11, 2018, 12:28:15 AM
 #682

yes sodara I have proved that bitcoin can be spent for daily needs and can be invested for a business
DisWhale
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July 11, 2018, 12:43:28 AM
 #683

The real life usage of Bitcoin is to serve as a medium of exchange of goods and services online, thus enhancing payment with high transaction speed, low cost per transaction and owner control over transaction without any third party involvement. Although Bitcoin is used by most people as an investment avenue, it still serves the purpose of a currency.
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July 11, 2018, 01:57:48 AM
 #684

The real life usage of Bitcoin is to serve as a medium of exchange of goods and services online, thus enhancing payment with high transaction speed, low cost per transaction and owner control over transaction without any third party involvement. Although Bitcoin is used by most people as an investment avenue, it still serves the purpose of a currency.

Yes I agree. Bitcoin is not primarily invented for investment. Its real life usage is to act as a digital currency for payment system to be able to  provide crypto users  a safe, secured and convenient transactions online. But now a lot ang engaging in bitcoin for investment purposes.

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July 11, 2018, 09:33:13 PM
 #685

The real life usage of Bitcoin is to serve as a medium of exchange of goods and services online, thus enhancing payment with high transaction speed, low cost per transaction and owner control over transaction without any third party involvement. Although Bitcoin is used by most people as an investment avenue, it still serves the purpose of a currency.

Yes I agree. Bitcoin is not primarily invented for investment. Its real life usage is to act as a digital currency for payment system to be able to  provide crypto users  a safe, secured and convenient transactions online. But now a lot ang engaging in bitcoin for investment purposes.

Yes. There are several uses for Bitcoin, from investment to trade or value reserves. There are those who argue that if Bitcoin is not used as a direct payment method then Bitcoin will fail, but just observe all that has been triggered to see that it is more than just a payment system, there are values and philosophies behind the decentralization that it provides.
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July 11, 2018, 09:58:14 PM
 #686

Bitcoin can be used in several ways at the moment, i just do not understand why there are so many people complaining in here on a daily basis, we all trust on bitcoin and we really want to see it shining for the next decades from now.. That is all what we want
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July 11, 2018, 10:02:15 PM
 #687

The real life usage of bitcoin is same as the real time usage of our faint paper money, bitcoin as a digital currency is flexible enough that even thou there is no bitcoin ATM for noe you can easily exchange bitcoin to any currency and use it to carry out you daily activities without any hindrance. Bitcoin is part of our financial life now and it really helping us to gain more knowledge on how the online transactions really works and how flexible it has become using it for transactions.
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July 11, 2018, 10:14:19 PM
 #688

Your point is not clear colleague? What do you mean? What do you intend to know? bitcoin has made business transactions easily, especially over the internet. Aside that, bitcoin being a business opportunity has brought financial freedom to many people. So tell me now. What more do you expect?
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July 13, 2018, 05:23:05 PM
 #689

Today, things have changed dramatically and a wide range of reputable and well-known retailers now accept Bitcoin. The number seems to grow every day. The major retailers that currently accept Bitcoin in exchange for products and services: Microsoft, for example: You can’t buy everything on the Microsoft store with Bitcoin. You can, however, add Bitcoin to your Microsoft account and then use that BiSpending Bitcoin is surprisingly easy.
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July 13, 2018, 05:36:51 PM
 #690

You can now take a vacation entirely using Bitcoin. Popular vacation services accepting Bitcoin like CheapoAir: Book your trip entirely online, including flights, hotels, and Amtrak railway bookings.
Kathleen Gomess
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July 13, 2018, 05:48:56 PM
 #691

Now, you can easily use Bitcoin in real world through a useful web https://usebitcoins.info/    .Look for more information about who accept Bitcoin as a payment method.
Pemburu dollar
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July 13, 2018, 05:54:33 PM
 #692

In the future, we don't need ATM machine to withdraw money from it since if in the future money and account work digitally then all we need is an account or crypto card to pay online or swipe it on the counter. No need to hold a cash or look for atm, all we need is to implement the crypto ways.



I think It really depends on the number of bitcoin users, the area where bitcoin users are more likely they also have the facility to use bitcoin at their local superstore, but in areas where people do not know about bitcoin there the shopkeepers can also do not know anything about bitcoin and therefore they do not accept bitcoin in their store.
sky4242
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July 13, 2018, 06:48:15 PM
 #693

Bitcoin needs a lot for real life. You need money in your life. You can earn money from bitcoin. Which is very useful to you.Which is very useful to you. It is expected that in future bitcoin will be used as a payment for all transactions. And it's a lot for us all
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July 13, 2018, 07:03:03 PM
 #694

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.
The message was written a year ago and how much everything has changed) you Can already buy real estate for cryptocurrency and also there are ATMs for the exchange of cryptocurrency for real money , and it's only been a year)
Losiana
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July 13, 2018, 07:12:53 PM
 #695

Unfortunately, even in developed countries, bitcoin is almost not used to pay for goods and services. And in other countries such use of bitcoin is impossible for technical reasons.
Cryptogid
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July 13, 2018, 07:55:48 PM
 #696

Bitcoin can now be used for so many things,you can pay for things online,one can exchange it with fiat through luno in Nigeria, possibly buy data and airtime via bitrefill that uses Bitcoin ..
muneeb.zain
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July 13, 2018, 08:09:03 PM
 #697

I probably think that the bitcoin would never be used in daily life in compare with the national hard currency because of the first there is a transfer fee and the second is that no everyone use the bitcoin and it a decentralized currency and that will cause the effect on the national currency so most of the governments don't allow it.
CoinSpeculator
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July 13, 2018, 08:55:15 PM
 #698

Bitcoin is uses for the every payment purpose want to pay , even the airlines in Japan are started to accept Bitcoin payment ..so most of the time.bitcoin is amaze  instead of looking the bad thing , you should see the good thing also ,here many people are making earnings with the Bitcoin in his full time job
Maglaver
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July 13, 2018, 09:20:35 PM
 #699

Bitcoin and other cryptocurrencies are still not developed to a level where most of us could use on a daily bases.
It is still a young technology with a lot of potentials, but greed for money holds it back a little bit.
PAKYU
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July 13, 2018, 09:21:55 PM
 #700

 there are other coins which has less traffic and trusted which is much suitable to use in this kind of business that requires a fast confirmation of transactions. Still the other coins are there to support Bitcoin and users would tend to store the money that they have gained to Bitcoin.
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