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Author Topic: What are the most common uses of Bitcoin?  (Read 8438 times)
zedicus
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February 16, 2018, 10:49:58 AM
 #701

I think most common are: trading and buying altcoins Smiley
That is what i am doing with my bitcoins because i can easily do trading and buy some altcoins to be in position of a trade and i don't have any regrets in using bitcoin as a tool for trading because it is really good and it is giving me a lot of profits everyday and i already left from my job because i am so amazed with my profits in trading with cryptocurrencies.

Yes, most people use bitcoin as a tool to earn more profits. As an investment. Its system really helped many of us as it helps us to do transactions in a convenient way. I think bitcoin is still at a young stage and there are still many things that its system can be adopted to.

 
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February 16, 2018, 10:53:33 AM
 #702

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 most common uses of bitcoin is you can pay all your bills like water bills and electricity bills , you can renovate your house , you can buy foods and drinks , you can buy anything but in good way you just have to be wise at your money.
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February 16, 2018, 11:33:03 AM
 #703

I think most common are: trading and buying altcoins Smiley
That is what i am doing with my bitcoins because i can easily do trading and buy some altcoins to be in position of a trade and i don't have any regrets in using bitcoin as a tool for trading because it is really good and it is giving me a lot of profits everyday and i already left from my job because i am so amazed with my profits in trading with cryptocurrencies.
Yes, most people use bitcoin as a tool to earn more profits. As an investment. Its system really helped many of us as it helps us to do transactions in a convenient way. I think bitcoin is still at a young stage and there are still many things that its system can be adopted to.
That's what is good about bitcoin it offers different opportunity to people it only depends upon the people how they're going to use bitcoin. Well for most of us we use it as a tool for earning and it is really great because you can earn a lot if you're knowledgeable about what you're doing. It has made a lot of users financially stable and it is a good feeling that is why people continue to use bitcoin.
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February 16, 2018, 11:39:29 AM
 #704

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.


Aside from the things that you mentioned you can use bitcoin in doing trades. You can purchase as well alt coins using bitcoins. You can always use bitcoin in purchasing online stuffs as long as the seller accepts bitcoin as payment.

Bitcoin as an investment vehicle is not really an assurance that you will have or you will get profit for its value is very volatile and there are lots of FUD goind on right now about bitcoin that is why its value went down. But if you believe in its technology just hodl and wait for the value to skyrocket. Always remember that invest only an amount that you can afford to lose! happy hodling and have a great day everyone!! Smiley
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February 16, 2018, 11:52:36 AM
 #705

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.


Transferring Money
Trading
Investment
Paying Bills
As money (if a store accepts btc)
E-Wallet

Bitcoin is a cryptocurrency which means it is a money in other form, mostly can do what a simple money does, but more convenient.
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February 16, 2018, 12:04:26 PM
 #706

Basically we use bitcoin for online transactions like trading and investment and we can sell it depends on us. also means of savings for the near future because you can make money by holding it if the price have a high value. In addition we can use it for our financial needed,expenses and fees.

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February 16, 2018, 12:06:55 PM
 #707

You can earn money by speculations)

Thats kinda true. Well uses of Bitcoin may vary on how long have been involve to this platform cause experiences teach a lot, well for me the basic use of Bitcoin is profit, and the Bitcoin forum itself will provide you the job that you have to dofor you to have profit you were expecting, and I think aside from that is knowledge reagarding to our technology today.

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February 16, 2018, 12:12:20 PM
 #708

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.

right. but the most appropriate use of bitcoin in general is the point that we can use or we buy with anything in accordance with what we want right .

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February 16, 2018, 12:24:58 PM
 #709

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 for the financial of your family. We can buy anything by the use of bitcoin in changing it to real money, you can supply your own needs by using this. You can use it for transaction or if you buy things because there are so many people that are interested in bitcoin because it is so popular now.
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February 18, 2018, 03:08:46 AM
 #710

The most common use of bitcoin would be saving, and in turn the return on investment is very high; Also, it is quite useful when you travel to another country, since you can pay with this in hotels, airline tickets and others; without having to buy the currency of that country.
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February 18, 2018, 03:16:16 AM
 #711

Many people using bitcoin as their invesment portfolio. Beside that bitcoin can hide your wealth and to avoid your tax. Its very interesting gain when we see history chart on bitcoin because can gain you hundreds percents from your invesment
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February 18, 2018, 03:31:05 AM
 #712

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.

It is natural and basically on online payment  that you can sell and buy because  of bitcoin
yesuidanggan
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February 18, 2018, 03:36:45 AM
 #713

The most common use of BTC is investment!

Many people with BTC don't understand the real meaning of bitcoin, they only invest in making profits!

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February 26, 2018, 06:32:27 AM
 #714

You already know the key points, but you can use Bitcoin for trading, buying other altcoins or investing into an ICO and even keep it as an investment. Once you gain profit you can transfer it into fiat and live happily.
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February 26, 2018, 06:39:52 AM
 #715

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.

I think people common to use bitcoin as a trading investment and also payment. The use of bitcoin is now rarely used by bitcoin users probably because of its legality. But I'm sure in the future there will be many uses.



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February 26, 2018, 10:08:20 AM
 #716

Common is that you can use it mostly anywhere like flat money which doesny require that you need to be there but you can use that anywhere you are, anytime you want.
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February 26, 2018, 11:24:01 AM
 #717

One of the biggest pros of bitcoin is that, compared to other electronic payment systems, it has a very low transaction cost. Bitcoin’s transaction fee is not nearly as costly as the fees on money transfers brokered by banks, credit cards, and commercial software like PayPal.
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February 26, 2018, 11:56:04 AM
 #718

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.


Beside of that list came from your, bitcoin as virtual cryptocurrency using hash and internet connection the most important thing for Bitcoin easy to use and easy to understand of the people.

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February 26, 2018, 12:06:21 PM
 #719

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.


As a medium of trade, however in actuality few individuals really aside from bitcoin for merchandise and ventures because of its instability. However the Silk Road which lives on the Tor organize only uses bitcoins for trade. This is on the grounds that it bargains in illicit products, and makes utilization of bitcoins secrecy.
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February 26, 2018, 12:09:30 PM
 #720

There are two main USES for bitcoin. One is to use it as a currency for transfer payments, and one is to use it as the subject of speculation.

Bitcoin is mostly used as a subject for speculation, and people speculate on bitcoin, just like speculating in a stock market.
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