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Author Topic: What are the most common uses of Bitcoin?  (Read 8441 times)
Granslam
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November 17, 2017, 05:06:38 AM
 #321

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.

So thats why bitcon is profitable for us because you cam use this to buy and pay your bills and etc i think bitcoin is uses for daily needs because bitcoin is money and people need money just in my opinion.
miss.M
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November 17, 2017, 05:18:19 AM
 #322

I think the most common uses of bitcoin is paying a bill online because we all know that bitcoin is a digital currency so that is the most common uses of bitcoin. Here in our country is like paying a bill like the internet, electric amd water bill.

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November 17, 2017, 05:22:33 AM
 #323

Bitcoin is also a major platform use to invest in ICO project, its also a means of  savings for a secured future.Bitcoin has a high returen compare to Gold, reason why alot of younf people diversify into using it as a means of investment.
As bitcoin is a digital currency, use of bitcoin is meant for online transactions, can invest the bitcoin for trading and gambling, can hold the coin for long term for getting more profit and many more uses are there.

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reynilynedago
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November 17, 2017, 05:27:47 AM
 #324

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.

Some people like my friend he used this bitcoin  not bitcoin because he alwaysxconvert it into our currency fiat money then he buy a lot of gadgets and he buy a car now so i think bitcoin is use to buy all you needs.
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November 17, 2017, 05:30:58 AM
 #325

Bitcoin has a lot of common uses. I know a few, you can buy / sell online technology related products and services, for Bitcoin. You can use Altcoin to buy. Can earn money. You can keep some bitcoins for the future. However, there are many uses in bitcoin that are effective in many countries and many countries are forbidden.

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November 17, 2017, 05:42:44 PM
 #326

Bitcoin is the most famous & costly crypto coin...I can buy other coin(Alt) through bitcoin..I can buy & sell  many technological products...many online sight can be paid through bitcoin...I think it will play a big role in future..
MetalGear
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November 17, 2017, 05:47:05 PM
 #327

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 the most common uses of bitcoin is in currency where you can exchange it in valuable things. In addition, some people used it as investment where they could gain high income and it is very effective. I also used as an investment and digital currency where I can used to pay my bills.
cherrymobile
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November 18, 2017, 03:39:46 AM
 #328

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.

Theres a lot of people used this in gambling sites and others used this to hold  and they are converting this bitcoin to their currency to use this as a financial needs like buying foods and paying debts and bills.
Bitcoinislifer09
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November 18, 2017, 03:54:32 AM
 #329

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 paying bill online because it is digital money that we can use it for paying bills. Also it is used to invest online and you can have any transaction using bitcoin. So bitcoin really help us in many ways .
Osarman
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November 18, 2017, 05:05:24 AM
 #330

Bitcoin has changed the thinking or way of people in terms of saving, trading, invest and even purchasing. And If you know how to spend bitcoin you’re likely to be one step closer in becoming successful. There are many way on how to use bitcoin like it can be used in online retailers; it can be easy transactions to all people who shops online. You can also donate it for a cause. Also transferring money across government lines. And even there are a lot of uses when you search in internet.
Bitcoin is so versatile that it can be used as payment as well as investment and it give benefits in both ways and the main reason behind its popularity in investment mode is its profit rate and it has blessed people a lot and now people are taking their money out from the banks and are investing into this coin to earn a lot and it give eases to do anonymous transactions and to shop from the best shopping stores.
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November 18, 2017, 05:12:42 AM
 #331

It can be use in gambling mining and online shopping
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November 18, 2017, 05:20:29 AM
 #332

One common use is if there is emergency and they don't have fiat money then they can convert their bitcoins into fiat money. Second is if they want to buy things they want online, they can use fiat money or bitcoin as a mode of payment. Third is to pay bills in your home. Fourth is for trading and gambling. Last is for illegal activities.

CARrency
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November 18, 2017, 05:21:32 AM
 #333

It can be use in gambling mining and online shopping

That is a new information I got there, bitcoin used in mining. Bitcoin is mined but it is not used in mining.

For me, the common uses of bitcoin is transactions, an asset and a trading currency/.

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mware
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November 18, 2017, 05:40:47 AM
 #334

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.

There's a lot of things that you can do in Bitcoin. you can use it to buy physical goods, betting, and money transfer but I think it is mostly used for investment and trading
cryptokath19
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November 18, 2017, 05:43:15 AM
 #335

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 has many uses, but based on what I read the most common uses of Bitcoin, First in Online Casino to ease the learning curve for new users, these brands often partner with sites like BitcoinPokies, who aim to teach you everything you need to know about betting with Bitcoin. Second, Online Shopping which is Microsoft added Bitcoin to their list of payment options on their Windows platforms and X Box gaming consoles and Last is Charity due to this there are already plenty of foundations that accept Bitcoin including the Human Rights Foundation, FreeSnowden, Save the Children and The Water Project.
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November 18, 2017, 05:53:42 AM
 #336

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 main common uses of Bitcoin are can Spending a money privately, Buying or Purchasing a basic goods like foods, drinks and many more, Trading and investment in which occur through online which you can trade some altcoins or invest in popular investment site and also Bitcoin used for Bitcoin mining that everyone can do that.
KenChanYu
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November 18, 2017, 06:03:11 AM
Last edit: November 18, 2017, 07:19:47 AM by KenChanYu
 #337

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 main common uses of Bitcoin are can Spending a money privately, Buying or Purchasing a basic goods like foods, drinks and many more, Trading and investment in which occur through online which you can trade some altcoins or invest in popular investment site and also Bitcoin used for Bitcoin mining that everyone can do that.
Well i think the most common use of bitcoin is for investment i believe that if we invest bitcoin we can gain profit so that we  can provide things that most commonly needed at home.it is for investment so that we  can gain more btc and on the other place we can convert it into fiat so then we can used it to buy things that particularly needed the most important thing is that we know that bitcoin today would not really  going to be accepted in all publick market maybe there some payment that we can use bitcoin online but in physical way such as buying food this sounds crazy maybe the costumer representative will be laughing at you.
Habakkuk77
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November 18, 2017, 06:04:54 AM
 #338

Bitcoin is use as a currency. It is just like the way how we use fiat currency.
Because bitcoin is decentralized transaction they use this currency for transactions. It more faster and cheaper that is they prefer to use this. In addition, they use this to purchase good and for invesments.

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November 18, 2017, 06:08:35 AM
 #339

Bitcoin currency has a potentials to work/replace fiat currency of any country.
It will perform all the functions of fiat currency.
But for that it must be allowed by the government/ central bank of that country.
Bitcoin currency has to be accepted by the merchants of that economy.
You can do all types of payments like  electricity bill, municipal taxes, income tax, insurance premium etc.
You buy things needed by you for your daily life.
You can buy pizza or can book flight , train ticket. In case you want to help our relative or friend you can do it with the help of bitcoin. If your employer agrees you can get your salary in bitcoin currency.
uztre29
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November 18, 2017, 06:11:46 AM
 #340

You are missing the number one use of Bitcoin and that is being a digital currency. With Bitcoin, you can transact to anyone with whatever that is available. Bitcoin is made to make transactions a lot easier. Japan made Bitcoin as their legal currency but still people see Bitcoin as an investment vehicle.
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