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Author Topic: Real life usage of bitcoin  (Read 8932 times)
Mota satish
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July 26, 2018, 09:46:47 AM
 #801

No its not possible to Reallife usage of Bitcoin because Bitcoin price not stable every day largest different in BTC price
MiukoOk
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July 26, 2018, 10:13:39 AM
 #802

Some countries that I know of have put BTC in the payment of goods and services, but in my country have not accepted BTC, so I traded bitcoin for the purpose of speculation.
jonas5222000
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July 26, 2018, 10:22:53 AM
 #803

So your question is `Who will accept it in store when confirmation time is so long?, currently here in my country there is some branches that already accepted bitcoin as a payment method ,so do not worry because bitcoin popularity was getting broad by other country.

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policeoo
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July 26, 2018, 10:30:59 AM
 #804


Great things are coming, and we are happy about that. The use of Bitcoin in the world, in general, is increasing. It will certainly make us our lives easier. There are many possible uses of Bitcoin. Awareness about Bitcoin is rising definitely.

bajingluncat
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July 26, 2018, 11:00:40 AM
 #805

I really hope it can happen the use of bitcoin in real life in my opinion is a thing that can help the interests in business needs will be very profitable because it will be easier in making payments or purchases and also bitcoin investment is very suitable for public use or individual
dmitry6
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July 26, 2018, 12:40:08 PM
 #806

These days many peoples are doing trading with bitcoin and using it only for profit but bitcoin real use will successful when we start spending coins on merchant stores for our daily requirements because bitcoin is the best digital payment and if merchant will be start to accept it and know the value of bitcoin than they also can make good profit because of its volatile price.
MalcolmBee
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July 26, 2018, 12:54:25 PM
 #807

with bitcoin i think i can build my business on it is gonna be wonderful
Siminarota
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July 26, 2018, 03:04:02 PM
 #808

The use of BTC for the fact that I can not see the benefits that BTC bring, but if used for speculation, almost everyone do so, almost everyone uses for the first purpose. muscle
wormgummy019
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July 26, 2018, 03:06:44 PM
 #809

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.


For me, the real life usage of bitcoin is in paying system. We can use bitcoin in our paying system. It is easy to pay bills using bitcoin. Another thing is the trading. We can buy bitcoin and hold it then sell it when the price is high.
teamspike911
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July 26, 2018, 03:16:25 PM
 #810

Well the options can be very much. Suppose bitcoin becomes the world's number one currency ... what will happen?
For it will be possible to buy EVERYTHING. Therefore, they can be used as a real high-grade currency.
ParveZ219
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July 26, 2018, 03:17:45 PM
 #811

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.

As per I can see bitcoin is only used for trading and not as a currency...All are doing either long term or Short term investment...from which they are gonna make some profit....And also as a currency but mostly by the drug smugglers and gun snugglers as bitcoin is still anonymous.
stefy77
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July 26, 2018, 03:21:24 PM
 #812

I think that lightning network at full capacity together with its support in wallets and platforms various and the use of bitcoin can take off as everyday payments.
oriontab
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July 26, 2018, 03:24:26 PM
 #813

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.
Much of the price movement for bitcoins as well as most other cryptocurrency are driven more speculation rather than real life usuage, that is why it is affected easily by the media
oriontab
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July 26, 2018, 03:26:57 PM
 #814

I think that lightning network at full capacity together with its support in wallets and platforms various and the use of bitcoin can take off as everyday payments.
Yes the lightening network will cause an increase in the use of bitcoin as a means of payment, it will make more persons see bitcoin in a more positive perspective and therefore drive investment in the space.
chrismartin
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July 26, 2018, 03:30:01 PM
 #815

This problem about bitcoin that must be solve and seen some solution on it. The gab time of transactions, although its too slow because you are not only the one using the blockchain, there so many transactions happen every second. We can use bitcoin as payment through online mate, and its not that too mush slow.
Birin016
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July 26, 2018, 03:37:14 PM
 #816

I think, since bitcoin has no physical body there is also no real life usage. What I mean is, it can help us indirectly that is why we need to convert it first before we can use.
gooddly
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July 26, 2018, 03:47:34 PM
 #817

I think, since bitcoin has no physical body there is also no real life usage. What I mean is, it can help us indirectly that is why we need to convert it first before we can use.


But what about the actual use of bitcoins today? He does not interfere with the absence of a physical body ... I think, it will not interfere further. People will always find use of their assets, if there is an opportunity to make a profit))
Michaiah
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July 26, 2018, 03:52:53 PM
 #818

People know the issue so they are trying to develop a way to make things faster.
Drakula
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July 26, 2018, 03:56:14 PM
 #819

For me the usage of bitcoin is for financial support and kinda an exercise for something big like it trains your decision makings and the choice you pick. Earning bitcoins for me is the primary purpose of working here since it can be converted or traded into cashes and it helps me a lot especially for college students.
Bitlife81
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July 26, 2018, 04:38:14 PM
 #820

Bitcoin has a lot of usage: You can purchase your coffee, you can book your hotel, buy your jewelry, pay the tuition in your university, and etc. using your Bitcoin.
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