What are the most common uses of Bitcoin?

[mariah.sadio]

Most common uses of Bitcoin? I think it helps us a lot in terms of earning extra money. We are also able to have basic knowledge when it comes to trading because Bitcoin can be trade to other cryptocurrencies and physical currency by investing it to cryptocurrency trading platforms. We can also send money to our family anywhere in the world with faster and low charged fee transaction. Bitcoin can also be used as money in paying our bills which makes it more convenient because we do not have to wait long queues just to pay our bills, it costs a lot of effort and time.  It helps us build connections to other people who use and transacts with bitcoins. Bitcoin is transacted through mobile devices with internet connections.

[Pleione527]

The most common used of bitcoin I think is for investment purposes and trading I believe majority of bitcoin owners here use bitcoin to buy alts and then trade them. Some may also use bitcoin to purchased goods and services. Maybe when more establishment will start accepting bitcoin more people will have the chance to spend them in getting products.

[Dreamchaser21]

The most common used of bitcoin I think is for investment purposes and trading I believe majority of bitcoin owners here use bitcoin to buy alts and then trade them. Some may also use bitcoin to purchased goods and services. Maybe when more establishment will start accepting bitcoin more people will have the chance to spend them in getting products.

That's true investment and trading is a common purpose of bitcoin but here in my place we can use it to transact online and use as a mode of payment on our utilities payable. Bitcoin has a lot of purpose you just need to find out what are those. I believe in the future bitcoin will surely in the future bitcoin will offer more services.

[kier010]

common use would be trading and investment bitcoin, buying and holding it for future profit. can also use as payment for goods online and also payment for your job.

[Ghie1127]

The most common uses of bitcoin are to buy for basic needs for a living, investment, savings etc.

[ashfer]

So i think you know almost everything on what you can do with your bitcoins apart from what you have mentioned i just want to make it clear to you that bitcoins are not only meant to buy things you can even work with bitcoins and earn money in your free time and make it as your secondary source of income you can earn btc by trading and gambling but it completely depends on luck .It is a good form of investment asset and it can be stored and saved in long term base in order to get high end profit if you invest your money in btc you will get more profit as compared to any other forms of investment as its growing rapidly

[Ridwan Fauzi]

we can use all things with bitcoins, with what we want to pay with a bitcoin system.

[krauzzer02]

We can't just use bitcoin as a normal currency as the price of it changes constantly every minute, it is not just stable like a fiat or paper money to begin with not for now. but someday it can reach a stable price ranges so that it can use in our daily life usage and needs, asset, investment is the best usage for this coin.

[Natsuu]

Personally the common use of bitcoin in my daily life is:

50% for investment
25% for trading
25% for my daily needs.

And I can see that others are using bitcoin for investment and trading and that makes bitcoin usage and demand gets higher.

[Ayiranorea]

The most common used of bitcoin I think is for investment purposes and trading I believe majority of bitcoin owners here use bitcoin to buy alts and then trade them. Some may also use bitcoin to purchased goods and services. Maybe when more establishment will start accepting bitcoin more people will have the chance to spend them in getting products.

Most common usage of bitcoin is the usage as a transaction token because of its increased value. Secondly the earning opportunity, people feel good of getting an additional earning opportunity. Third is the usage as an investment, where the profiting is much bigger than what we make from an fiat form of investment.

[affandi]

which I have got from the benefits of bitcoin at this time is the payment of electricity, telephone payment, water payment etc. And most importantly I think is as an investment, because I myself have been getting the benefits at this time.

[Phyton76]

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.

The most common uses of bitcoin is for bitcoin buying and selling. With bitcoin you can use bitcoin online money trading and buy bitcoin at a low rate and sell money at a high rate. With that you can earn so much money . And now bitcoin are already accepted in the market as a money in exchange of the product that you bought.

[Rishabh riyz]

Well the most common uses of bitcoins are :-

• as an asset:- people use it as an asset , many people get attracted to the constantly increasing value of BTC in long term , they see BTC as a good investment that would be profitable for them.
  • as a currency to buy altcoins :- we see that alt coins like ETH are growing rapidly and the users are also increasing , these coins seems to have good potential in future , so people tend to buy these with BTC .and it is a common observation that people who use btc have bought alt coins as an asset.
    • to buy things on steam :- steam accepts BTC as a mode of payment, so people can buy games , softwares and many more things on steam  

[thisappointed]

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.

Many people are using bitcoin on the things that they want, and not for their needs, I'm hoping that they will not regret this kind of actions in the near future, because they are missing a lot of opportunity on spending their bitcoin on the things that is not worthy to be spend with bitcoin. I'm the type of person which only using bitcoin for important things in life, for example is I already saved enough bitcoin for me to build my own house and I think that is worth it.

Saving bitcoin and having a goal could help you to conserve your bitcoin to something more valuable in the near future, you have to think what is going to happen on bitcoin after so many years from now and think that if you don't have enough bitcoin when the bitcoin's price soar up into the sky.

[Dudeperfect]

The core principle of Bitcoin is to simplify the payment system and make it less dependent on any third party. You are free to use it for payment of anything as far as the second party is willing to accept it as a payment method. However, few people are using it for illegal purpose but the volume is low as of now compared to the overall Bitcoin network.

As of now, Bitcoin is widely used for speculation purpose as the sharp price movements are creating multiple opportunities every day.

[musharaf]

Everything which is possible through cash or paper money now a days all that are possible through bitcoin. So we can buy any thing through digital currency like bitcoin. Like we can buy a property we can buy a bike a car and many more. Its easy to book an order online ane at home we can receive our things thanks bitcoin.

[denny27]

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 the country where I live today the most common uses of bitcoin (in everyday life) is used directly for purchasing electric pulses, electricity token, internet pulses, electricity bill / water, and voucher games. On the other hand to pursue the benefits of bitcoin, most people who use bitcoin as trading altcoins, as an investment material (hold & sell), and bitcoin be used as a savings the future, that's the most common to do in the country where I live.

[okala]

The most common used of bitcoin is stored of value and the channel of investment. However in future we would see many people trying to used bitcoin as a means of exchange for goods and services. I have foreseen that in few years to come bitcoin is going to be major currencies in most of third world and underdeveloped countries. Moreso before 2019 I believe that many online mainstream retail shops will start to accept bitcoin as a mode of payment.

[jakoylantern]

For me the most common used of bitcoin is for earning money, I use bitcoin to earn and support my financials. But most of people use bitcoin to buy and sell to earn money or to make a profit on it. Others use it to buy something they want and they need. 

[DoublerHunter]

The most common used of bitcoin is stored of value and the channel of investment. However in future we would see many people trying to used bitcoin as a means of exchange for goods and services. I have foreseen that in few years to come bitcoin is going to be major currencies in most of third world and underdeveloped countries. Moreso before 2019 I believe that many online mainstream retail shops will start to accept bitcoin as a mode of payment.

Bitcoin is starting to become a mainstream currency because the people are now using bitcoin as a way of making purchases or payments online because it is a less hassle since you don't need to provide all of your personal information and you just need to get the bitcoin address then you can easily send your payment without having any problem.