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Author Topic: What are the most common uses of Bitcoin?  (Read 8438 times)
shark69
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November 12, 2017, 03:57:25 AM
 #261

the most common bitcoin will be used to meet daily needs and buy fun, such as traveling, hobbies and more.
but many also still store bitcoin for future purposes, such as for children, parents and families
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November 12, 2017, 04:05:23 AM
 #262

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 things that you've mentioned are the functions of Bitcoin as a currency and are only applicable on countries where it is already legal. So for those people who are living on countries where it is not, they can use it as an asset or investment since its market value is continuously growing, and they can earn huge profit by investing into it.

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MD Milon
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November 12, 2017, 04:21:30 AM
 #263

Bitcoin use for almost everything such as sales and buy anything also necessary things
LuciferEveningStar
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November 12, 2017, 04:23:27 AM
 #264

Yes most common uses of bitcoin are..as a source of  extra income..for investments..for our future savings..uses for all our finances,our daily needs Kiss Smiley
Xember
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November 12, 2017, 04:26:43 AM
 #265

It is true to that we can use bitcoin for all sorts of activities. However, given the situation that not all the world accepts bitcoin as payment yet. The number one use of bitcoin as of now is for exchanging it to our own money respectively. Some countries are lucky for they are able to use it in online transactions, while some still need to encash it.
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November 12, 2017, 04:27:05 AM
 #266

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.

This bitcoin is usable for all people like me because i xan say some people use this as a source of income they need money to buy and pay their debts so bitcoin is better because it helps a lot of people to reduce their poverty situation .
SilverChromia
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November 12, 2017, 04:29:25 AM
 #267

The common uses of bitcoin as far as i know is using them on online transaction like buying selling or paying anything in use of Bitcoins. Maybe the others still holding their coins because they waiting for it to have a good and high value on the market so its profitable to them so they can pay their every days needs

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AgentZero23
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November 12, 2017, 04:39:48 AM
 #268

The common use of bitcoins is for discount shopping. Because some application like Foldapp allow bitcoin users to shop at Amazon with discounts. Another one is the Satoshi dice it used for online gambling.
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November 12, 2017, 04:40:46 AM
 #269

The most common uses of bitcoin are the following:

1. It can reduce the rate of unemployment
2. It  can eliminate poverty in the future if bitcoin would be known all over the world.
3. It makes the lives of everyone easier than before because soon we will have a cashless society that means less corruption.
4. It  can help  you with your online transactions because  some says bitcoin is somehow a virtual money.

Dod Ong
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November 12, 2017, 04:45:41 AM
 #270

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.

[/quote

For me, the common use of my bitcoin is to help my parents/family in their daily expenses or daily needs. I used bitcoin for my expenses like foods,tuition fee, bill in our house and bill in electricity/water. Also I used my bitcoin to help my parents in their business. The bitcoin is very useful to me because it helps me and my family to our life to be comfortable and prosperous.
Tipsters
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November 12, 2017, 05:07:30 AM
 #271

Bitcoin can be used to buy goods at online and offline shops too. There are too many stores and companies accepting bitcoin as a mode of payment. It is a form of digital currency. You can transact with anyone for anything that is available. The use of bitcoin is the same as the use of fiat currencies. But still people use bitcoin for trading and investment because they believe it will continue to grow in value.
bitcoinsocial09
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November 12, 2017, 05:11:57 AM
 #272

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 are through online payments in the internet or you can also send money to your friends through the use of bitcoin. Then you can also invest your btc money in bitcoin wallets. Some more interesting uses of bitcoin out there.

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November 12, 2017, 05:15:25 AM
 #273

        Bitcoin means a digital decentralized currency, the transactions are done without any third party influence so there is no risk of service tax or any hidden taxes levied. This currency can be send all over the globe without any middle man.No interruptions from any governing bodies, also and it is faster to reach its destination .

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November 12, 2017, 05:16:37 AM
 #274

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.


Bitcoin can be use anonymously without identity or bank account attach. Bitcoin can help you save time and  effort. Instead of going out and buying some things in mall or store is you can simply pay online with just a click. And the most important is just by holding bitcoin you can make profit without doing anything

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November 12, 2017, 09:07:03 AM
 #275

I think the most common use of bitcoin nowadays is trading because there are only fee online shop that accepts bitcoin and also there are few establishment that accepts payment as of this time so people buy bitcoin to trade altcoins.
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November 12, 2017, 09:13:33 AM
 #276

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 that the important use of bitcoin is for buying stuffs online but also you can use it on selling and trading because bitcoin is not just a regular currencies rather it is a multi purpose asset that has many uses and features compared to some other currencies like fiats thats why bitcoin became the most popular digital currency that is widely been used thesedays by modern people.
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November 12, 2017, 09:14:25 AM
 #277

You can pay bill Smiley
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November 12, 2017, 09:20:27 AM
 #278

Yes bitcoin is now useful today. You can now transact even without cash. Many establishment now were accepting bitcoin.
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November 12, 2017, 09:25:00 AM
 #279

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 bitcoins are, bitcoin is use to buy online purchases, pay monthly bills and send money for love ones anywhere. There are many other things I id not mention that bitcoins are useful. You can do research if you want to know some of it.
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November 12, 2017, 09:26:31 AM
 #280

Actually many common uses of bitcoin Can buy goods at online shop and many of the companies that they accept bitcoin ar most bitcoin users are doing the investment because they know bitcoin is increasing yet but bitcoin has dropped so they are losing.
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