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Author Topic: Real life usage of bitcoin  (Read 8924 times)
GreenEarth22
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August 01, 2018, 11:13:07 AM
 #841

Use of bitcoin globally have not started in its full capacity. It is blooming day by day and one day it will be used as fiat currency.
ShieldAsset099
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August 01, 2018, 11:15:35 AM
 #842

Bitcoin is designed in a way that is independent. people can easily buy and sell the coin. Developers and people of this sectors are trying their best to make it useful and make it's access easy.
HoloUpfront210
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August 01, 2018, 11:18:15 AM
 #843

In this forum, there are many people who are buying and selling various things like gold, silver, computers etc with btc. The use of btc in real life began and in future the rate of using btc will be high.
Tiger Junk
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August 01, 2018, 01:28:05 PM
 #844

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%
Well for me it is just the same with our salary in real life or the real money. ofcourse you will use or spend your bitcoins on earning money making good investments for a bigger profit in the future or just use it one time bigtime so it depends on the user how they will spend their crypto
oni4an
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August 01, 2018, 01:33:48 PM
 #845

These are basically means of investment for further capital increase. That's my idea. I think that people enter the Kriptomir and are bought by Bitcoin precisely in order to quickly and reliably to uncover.
karagun125
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August 01, 2018, 01:39:04 PM
 #846

For me, when i earn bitcoins i wanted it to buy something that i need, im saying that ut usage for me is for my needed things, daily life needs for consuming something and for paying bills at the time, thus bitcoin really helps me and i can not do that first because i have to convert bitcoins and some other coins into usd and peso so that i can withdraw it.
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August 01, 2018, 02:22:54 PM
 #847

Few countries use BTC for daily life purpose, only the rest of them participate in BTC for the purpose of speculation and make a profit. That is why the price of BTC fluctuations extremely large.

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nguyenlamqt116
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August 01, 2018, 02:32:15 PM
 #848

I think it will be interesting because in real life bitcoin use you can use bitcoin to buy whatever you want and you can also pay what you want to buy. some people can even exchange bitcoins with their local money
Kadot amoh
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August 01, 2018, 02:59:36 PM
 #849

The use of bitcoin real life is very good, if my opinion real life bitcoin can be seen from bitcoin price, our life should be more meaningful our biat is not useless in life.

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Anhmai
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August 01, 2018, 03:00:42 PM
 #850

 think once a deal it is made then the seller must bear that loss, what I mean is lets look at it from the opposite perspective, if you buy something and then bitcoin reevaluates then you are not going to ask to get the difference back right? And even if you did no one is going to give it back to you, that is why many are holding their bitcoin and don’t let go
HasiViraj
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August 01, 2018, 03:06:21 PM
 #851

There are numerous utilization off bitcoin that you can unquestionably do and I consider most it are connected online for facilitate helpful exchange in light of the fact that bitcoin is an online cash, yet I have an online wallet in our nation that have numerous advantageous use by the methods for bitcoin by essentially paying electrical, water, web and furthermore Mastercard bills with no hustle, notwithstanding stacking up your telephone is moment with bitcoin however the most thing that I like from this wallet is the withdrawal of fiat cash with bitcoin.
ThirdPrize2
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August 01, 2018, 03:07:32 PM
 #852

blah, blah, blah.
bkrobottc1
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August 01, 2018, 03:30:27 PM
 #853

I think at the micro level, bitcoin can hardly become a payment medium because of its slow transaction speed. Example we go to the market and just want to buy a chewing gum, i think fiat is a good choice. I think combination of crypto currency and fiat is the best choice
Ezenwanyi
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August 01, 2018, 03:41:55 PM
 #854

Bitcoin at the moment can only be used in facilitating transactions on the virtual space.

There is no real usage of bitcoin in real world, this is because it has not been generally accepted as a payment medium.

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Lucio19
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August 01, 2018, 03:43:25 PM
 #855

The real use of bitcoin is that you can buy a lot of things you need to care for bitcoin because I'm lucky because I have a BTC so far it will help me Cheesy Cheesy
Nnedaddy1
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August 01, 2018, 04:17:48 PM
 #856

The real use is using it to transact in the cryptocurrency space.
Aside that, no real life use fir bitcoin at the moment.
I believe, we will be able to use bitcoin like we use our various local fiat in the future.
dbijoy
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August 01, 2018, 04:39:23 PM
 #857

It is understood by considering our present life. Bitcoin is such an element by which we can find the way to real life.we are bitcoin use very slowly and few days ago there are many people are not use bitcoin.So bitcoin is a real life usage in many people.
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August 01, 2018, 04:40:42 PM
 #858

Regarding your confirmation times question. Well that's why layer two solutions are being developed like lightning network which makes transactions instant and extremely cheap. Also Bitcoin is being valued based on the future value it might have and without valuing it high enough large investors wont get interested in the Bitcoin markets.

 
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reachtrp
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August 01, 2018, 04:46:54 PM
 #859

My friend paid me for dinner once in btc! Does that count :-)
Dulhara githmanthi
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August 01, 2018, 04:59:11 PM
 #860

Bitcoin can use in real life as a normal currency Because that is a digital cryptocurrency. But in many countries doesn't approve Bitcoin as a currency. Because sometimes Bitcoin uses for weapon dealings and Drug dealings. With this situation, a lot of countries afraid to approve Bitcoin as a currency. But some European and American countries just approved Bitcoin as a normal currency. But in my view, I think Bitcoin will approve as a normal currency all over the world.
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