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Author Topic: What are the most common uses of Bitcoin?  (Read 8441 times)
gondar1
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November 18, 2017, 06:30:10 AM
 #341

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 best use of bitcoin would always be the fact that you can invest on it and earn from it because of it’s volatility. The next things of it’s use would probably be the fact that we can use it to buy things online like what is mentioned.

drwhobox
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November 18, 2017, 06:41:33 AM
 #342

Bitcoin was made for peer to peer transactions. You can also earn some fiat by buying and selling bitcoins to usd nor altcoins. And the value of bitcoin is higher and the movement of the coin is unpredictable.
sarmrakib
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November 18, 2017, 07:12:37 AM
 #343

Bitcoin are using now in various way. Most of the common uses I think currency transfer. It is using now at shopping, marketing as well. On the other hand some are using as a bank deposit I think as the replace of gold cause it increasing certainly and quick so.

Tadhana23
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November 18, 2017, 07:21:06 AM
 #344

You can use Bitcoin as a currency, purchase goods and dry goods, foods, transact with anyone for anything, basically the same way you use fiat currencies today.

Blueblade
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November 18, 2017, 07:37:44 AM
 #345

Any money can go anywhere in the world. Bitcoin acceptable places and organizations
Payment is easy. Bitcoin can easily invest in treading companies.Bitcoin can be sold easily
Sihab76
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November 18, 2017, 07:43:26 AM
 #346

Bitcoin is very important and popular currency which is used in various ways.....
*Bitcoin use to buy many necessary elements
*Bitcoin is now using in many cafe or restaurant
*Bitcoin is using now buying shoes, suits and dresses
*Bitcoin is using now in university costs
xamxam
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November 18, 2017, 07:57:14 AM
 #347

We all know that bitcoin is a digital currency, so the most common use of bitcoin is paying online transaction like here in our country, you can pay the electric bill, water bill, and even also buying a load. I hope that someday there are also many transaction that accept bitcoin so that they have more people will buy bitcoin.
jj007
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November 18, 2017, 08:03:55 AM
 #348

The most common use of bitcoins depends like here in my country the people are doing shopping in great malls with their btc. some other are investing them in online trade and earning handsome btc in return
mulukey
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November 18, 2017, 08:18:37 AM
 #349

Bitcoin is often used in online exchanges. It is also used to trade e-commerce transactions. I also know that it is used by organizations for money laundering.
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November 18, 2017, 09:33:34 AM
 #350

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 use bitcoin only for having a less time transactions to the people who i buy things from online but bitcoin have many use to the people that can easily earn money because of many use this like for investing, trading, easily to save money from your generated bitcoin wallet. Some businessminded people very favor in bitcoin because of easily transacting and cheaper than other money currency to use.
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November 18, 2017, 09:43:26 AM
 #351

We can use bitcoin for online shopping for buying and some restaurants also accepting the bitcoin.
LETme
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November 18, 2017, 10:00:10 AM
 #352

Bitcoin is well known for having the faster transaction and the good thing is no fees every time we made. You can also earn in bitcoin by investing and get a high profit.
QuartzMen
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November 18, 2017, 12:12:36 PM
 #353

That why I did not know much about it because I was just starting to say that I was just posting the question that should be answer.
Starone1
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November 19, 2017, 06:53:21 PM
 #354

The biggest uses I know of are cross-border transactions and good financial products. The price of bitcoin fluctuates widely and is suitable for short-term or long-term investment.

Well the common use of bitcoin is that people are using bitcoin for their daily expanse because bitcoin is to use you can buy food, clothes and also you can use it to pay bills and now I’m using bitcoin in restaurant’s as well and from last four months I’m using bitcoin in my tuition fee so bitcoin is usable anywhere for me.
obizcoin.ico
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November 20, 2017, 06:34:44 AM
 #355

There are multiple uses of BITCOIN and other cryptocurrencies
You can buy smalllest of the small things like a coffee in a café to buying houses.
This change has been revolutionary and things will only move ahead from here.
The time is not far where cash would be completely vanished from the world and world will move to digitisation
Digitisation could be bought by bitcoin or other better currency but this will happen for sure.
More and more people have started accepting bitcoins. We will soon have bitcoin ATMs
even loans are now disbursed within seconds using bitcoin and other cryptocurrencies
jazz21
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November 20, 2017, 06:36:42 AM
 #356

you can earn money by signing up airdropts in (alt-token)
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November 20, 2017, 06:50:18 AM
 #357

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 one use of bitcoin that I really liked is that you can use it as an online payment, there are some online payments now that is accepting bitcoin as payment, making online payment very much easier and faster, it makes payments more convinient.

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Lannie25
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November 20, 2017, 06:57:16 AM
 #358

Many people use bitcoin for their every financial transaction (utilities and other expense) in daily life. But the main purpose of the bitcoin is to provide instant investment for their customers without paper works.
Many people use bitcoin as alternative source of investment which you have a right to do necessary actions base on the given data.
webdevmastery
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November 20, 2017, 07:06:42 AM
 #359

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.


Bitcoins is a digital currency so you can use it to buy any products online like a credit card and the only disadvantage about bitcoins is the transactions, Transactions are untraceable that's why government does not like it.
Malamok101
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November 20, 2017, 07:25:01 AM
 #360

Many uses bitcoin for instance to pay for overseas payments when you are away from one another when you send him a bitcoin right away and then investing for bitcoin to earn bitcoin depending on the amount you give each day. And where is the trading where you can buy your bitcoin in another crypto currency coin then you wait to increase the value until you earn.

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