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Author Topic: Real life usage of bitcoin  (Read 8934 times)
Purvik
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August 02, 2018, 06:48:32 PM
 #881

Bitcoin was very powerful in real life we can make any transactions easily and it can also used as a normal currencies

Bitcoin also provides many facilities and opportunities to people to earn and to get more profits and more money in their wallets and I always be provide that I'm also a part on using BTC 
ololajulo
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August 02, 2018, 07:08:18 PM
 #882

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.
For anyone reading this, It might be a good contribution to the thread but trade with caution. It is even more risky trading with anyone here without escrow.

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kingkonjac
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August 02, 2018, 07:11:12 PM
 #883

right now the btc is only treated as an asset reather than a currency and the shopping habits with btc are being shifted towards purchasing goods with higher prices such as property and cars rather than coffee.

jorgballesteros
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August 02, 2018, 07:11:28 PM
 #884

If you want buy anything online, Bitcoin will be the standard in the near future.
Mr. Ar_Mongi
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August 02, 2018, 08:06:09 PM
 #885

It all starts with something. Bitcoin is still very young and it takes time to gain such popularity to you will be able to pay with Bitcoin in most stores. A huge number of people have not heard or know poorly what Bitcoin is. This is the main factor, because of which it is not so easy to use bitcoin in real life. But this is a problem of time, every day more and more people learn about Bitcoin.

Jessica2009
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August 02, 2018, 11:01:01 PM
 #886

        According to my concept Bitcoin can be used for our daily life since most of the companies accepts Bitcoin . since Bitcoin is not tangible asset it is stored electronically and the payment is transacted without a central body it is operated by an open network .Bitcoin is a digital decentralized currency and it has a limited supply of 21 million coins only created . The transaction of Bitcoin needs no identity of the user or the dealer it is anonymous .

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chel0
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August 02, 2018, 11:17:49 PM
 #887

I've been here not so long ago but I understand what is really the main purpose of bitcoin through researching, reading articles, news and other information related to bitcoin and other cryptos. It started supposedly as a digital currency an alternative money for our fiat money but because bitcoin is getting more valuable since its value is increasing rapidly year after after it suddenly turns out into an asset. Instead of using bitcoin as a medium for paying goods or services, most people are keeping it in their wallet waiting for its value to pump before cashing it out to gain more profit. Now only a few are using it as a digital currency and in most cases, its actual or real life usage as of today was an asset and not a currency.
waroenkshisha
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August 03, 2018, 12:26:27 AM
 #888

For bitcoin usage you can use it to purchase some goods in online store such as pinterest, fiver and etc. Or ins ome country you can withdraw your btc in atm machine. I think fhere are no issue for long confirmation (especially in online store) since we have already transfer the btc for payment.

MTNAX
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August 03, 2018, 12:38:07 AM
 #889

We really cannot feel the benefits of bitcoin directly, but if we are patient one day we can feel the results of bitcoin. Real life is not easy to use bitcoin. Today, many people want to know more about bitcoin and want to increase income from bitcoin. Maybe more and more people will be tempted by promising bitcoin.
DisWhale
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August 03, 2018, 12:42:40 AM
 #890

Real life usage of Bitcoin is to use Bitcoin to purchase goods and services online in order to fulfill its goal as a currency. Using Bitcoin as a mode of payment offers incredible fast transaction, good security, owner control over transaction without any third party involvement etc.
However, Bitcoin can also be utilized as an investment opportunity as the price surges up through the coin graph.
Nelly.G0211
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August 03, 2018, 12:44:50 AM
 #891

usually I use bitcoin for payments where I'm not sure, for example online services where I'm afraid to show my debit card because the site can easily sell / lose / steal, in this case bitcoin is very convenient and safe.

Ausgewielt
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August 03, 2018, 12:49:56 AM
 #892

The fact is most of bitcoin users are hoard it as asset rather than use it to buy goods in real life, but actually all people can use bitcoin to buy goods in Amazon through vendor service who manage the transaction, and recently I know about an ecommerce for cryptocurrency users, they call them self CryptoAmazon. You can look at cazcoin.io

ggezlink
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August 03, 2018, 01:25:55 AM
 #893

Bitcoin is presently being utilized as a part of reality. Beside brokers, there are some private stores that acknowledge Bitcoin as installment. There's an ATM machine that exchanges your cash into Bitcoin. Be that as it may, for me, the truth of Bitcoin is for my exchanges. I generally Bitcoin to exchange it to different altcoins. I am a Bitcoin holder even I'm a dealer. My benefit from exchanging is being exchanged back to Bitcoin. That is the thing that dealers do. We cherish Bitcoin, regardless of whether the cost increments or drops. We as a whole have the points of interest. So utilizing it, all things considered, purchasing genuine resources or even nourishment would be troublesome for the two buyers and providers. Despite everything I consider Bitcoin to be a computerized resource that can enable us to develop our genuine resources.
Legwist
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August 03, 2018, 02:12:46 AM
 #894

The real usage of bitcoin is mainly on transaction and trading because it is formally a currency. And I think there are businessmen who are now using bitcoin as a mode of payment or as an exchange to the service rendered to them.
spriggan_0Zt
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August 03, 2018, 02:18:31 AM
 #895

there are shops that accept bitcoin as payment althoug when converted to their original monetary value its a bit overpriced. but if one can use them i can say its slowly becoming a useful currency aside from converting them for use.
wtbhitlv
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August 03, 2018, 02:25:51 AM
 #896

Yes, bitcoin will be more valuable if used. We saw that bitcoin ATM machines were recently set up in some European cities, which would be a good start.
tungaqhd
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August 03, 2018, 03:01:21 AM
 #897

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 is becoming favourite payment tool of many peoples like me because it is very convenient and i don't have to be worry about the safe of my credit card. The fact is that most website accept your transaction when it has at least 1 confirmation.
lider1971
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August 03, 2018, 08:09:24 AM
 #898

I think that now bitcoin is used exclusively as a means to make money. Periodic buying and selling of assets by large players does not allow the course to stabilize, so there is distrust!
ponni92
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August 03, 2018, 08:19:23 AM
 #899

There is no limitation in Bitcoin usage. real life usage of bitcoin is that it can help you for shopping online goods you can buy on market price, you can buy indoor outdoor and even all domestic things through bitcoin .
opma
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August 03, 2018, 08:30:50 AM
 #900

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
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