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Author Topic: What are the most common uses of Bitcoin?  (Read 8438 times)
Skieleton
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December 19, 2017, 10:13:59 PM
 #521

Bitcoin is responsible for the wave that has shaken the financial world. He was a pioneer in the field of digital currency and introduced a new payment method. The Bitcoin Applications extends from e-commerce, commerce, and e-Sports. It is currently one of the most flexible payment methods, and at the same time has advantages in which there is no other currency.
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buternasek
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December 19, 2017, 10:18:20 PM
 #522

the main use of bitcoin in my opinion is, in addition as a means of payment bitcoin of course we can make a profitable investment tool
and it does not need to be doubted anymore, because we know, currently the bitcoin enthusiasts are increasing rapidly, and of course their goal is to benefit from it.
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December 19, 2017, 10:44:29 PM
 #523

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.


In our country that  who belong in the third world country in the world mostly people, local market,company,would not so much familiarize  the bitcoin only a few people will know about this kind digital currency business,thats why establishment,local market would not accepting bitcoins  as a payment of buying clothes,gadgets etc.or payments in billing of internet or electricity.that why for me the  most common used of bitcoin in our community is only an asset to your wallet that you can used it everytime you change it to fiat for buying your daily needs,but i hope  soon someday that bitcoin will recognize as main currency to the whole world and to eliminate the fiat as the main source of transaction exchange.

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December 19, 2017, 11:01:35 PM
 #524

I think the most common use of bitcoin today is in trading.  Bitcoin is being bought and converted every day  in different coins and tokens. that is why bitcoin price is so high many people invested in it. Bitcoin is now also being used yo purchase. goods or even as payment to services.

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December 19, 2017, 11:09:00 PM
 #525

I think the most common use of bitcoin today is in trading.  Bitcoin is being bought and converted every day  in different coins and tokens. that is why bitcoin price is so high many people invested in it. Bitcoin is now also being used yo purchase. goods or even as payment to services.

the largest volume is also owned by gambling and ICO payments, or even investments included in HYIP, all bound and united to enlarge the use of bitcoin transactions. The payment of goods and services is still dominated by developed countries and also has no significant effect, but I am sure next year the usefulness of bitcoin will be more varied as more and more fintech services will use blockchain.
Anait
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December 19, 2017, 11:11:32 PM
 #526

These days considering the growth it attains in short term it had been given importance as an investment that gives a bigger and better profiting which cannot be got through any of the other investment schemes that are available with the real world.
uzumaki
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December 19, 2017, 11:17:45 PM
 #527

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

Does think is right many people commonly use for that also many people use it for trading in exchangesite with a purpose to get more bitcoin. it's can save for fund retairment .
weblouartisan
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December 19, 2017, 11:19:12 PM
 #528

Bitcoins is a digital currency and there are so many advantage in bitcoins, The value is keep on increasing periodically and since it is a digital currency then you can use it to buy products only which has less price value.

Christian13
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December 19, 2017, 11:29:05 PM
 #529

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.


for me the common uses of bitcoin is Gambling This particular use for bitcoin is facilitated by the fact that cryptocurrency is a decentralized form of payment, meaning that it doesn’t belong to any government and is not subject to any government’s regulations. this allows users from all over the world to gamble online using bitcoin, regardless of what the laws regarding gambling may be in their particular location.
weblouartisan
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December 19, 2017, 11:30:43 PM
 #530

You can by anything only if you have a good amount of bitcoins, The value is also keep on increasing that's why it is better to hold bitcoins rather than placing your money in the bank and setting it to time deposit.

TiffanyLien23
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December 19, 2017, 11:42:44 PM
 #531

You can use it to buy an altcoins and also use this in online transactions.
dantheman666
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December 20, 2017, 03:29:50 AM
 #532

For me the biggest use of bitcoin is buying online stuffs fast and easy way without the hassle. Some use bitcoin in trading and investing.
GoodLuck2
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December 20, 2017, 01:57:18 PM
 #533

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.


In our country that  who belong in the third world country in the world mostly people, local market,company,would not so much familiarize  the bitcoin only a few people will know about this kind digital currency business,thats why establishment,local market would not accepting bitcoins  as a payment of buying clothes,gadgets etc.or payments in billing of internet or electricity.that why for me the  most common used of bitcoin in our community is only an asset to your wallet that you can used it everytime you change it to fiat for buying your daily needs,but i hope  soon someday that bitcoin will recognize as main currency to the whole world and to eliminate the fiat as the main source of transaction exchange.
your wish will come true mate that day will come when it will be acceptable as currency in whole world and for now the best use of bitcoin is to make millions of profit in smaller time and all this is possible here in bitcoin and all the investor who are investing in bitcoin at this time are mostly in hunt of big profit and bitcoin will continue its convention and will give them their desirable amount of profit soon so its use now is to make money,
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December 20, 2017, 02:01:31 PM
 #534

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

All of the things that are listed are true. But the major uses or functions of Bitcoin is as a currency and as an investment. Bitcoin at the first place is a digital currency wherein it can be used on countries where it is legal to be used on transactions. On the other hand, it is also a good investment because its market value  is continuously growing ,making it a profitable investment.

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December 20, 2017, 02:04:14 PM
 #535

I prefer the fourth option, I was planning to buy a car with the result of bitcoinku, I'm sure it will soon be realized.
ronypro
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December 20, 2017, 02:07:23 PM
 #536

There are so many, use of bitcoins.
But as per now, people are more interested in buying this and hold as a long-term investment.
Though I personally receive all my payments in bitcoins from my clients.
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December 20, 2017, 02:16:42 PM
 #537



I guess what you say is very rare. for some developed countries that have legalized bitcoin it is not impossible. but almost totally still very rarely
I think maybe in the future will happen.

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December 25, 2017, 07:54:50 AM
 #538

Internet services like web hosting, advertising and other online related stuff. There are e-shops to buy technology products that accept bitcoin. In other economical sectors bitcoin is not so adopted. So, the most common uses of bitcoin are: Online and technology related goods and services.
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December 25, 2017, 08:03:12 AM
 #539

Bitcoin is a digital currency. It can be used for any transnational purpose depending upon the seller accepts BTC or not.
One can use Bitcoin as a currency to purchase goods, transact with anyone, investment vehicle. For everything you use money for you can use Bitcoin , at least in a general sense. There are, of course, places that won't accept Bitcoin.

Many speculators believe bitcoin will continue to grow in value thus making it a good investment.
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December 25, 2017, 08:39:34 AM
 #540

Bitcoin users can have multiple addresses, and the fact can generate new addresses without any restrictions, because creating a new address is immediate, comparable to making a public / private one.
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