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Author Topic: What are the most common uses of Bitcoin?  (Read 8438 times)
ermedgar
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November 30, 2017, 01:28:58 AM
 #441

The common uses of bitcoin these days is Spending Money Privately, Low-Cost Money Transfers, and Day to Day Purchasing of Normal Goods.
rony01941
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November 30, 2017, 01:34:30 AM
 #442


Bitcoin system has become very popular now. We are capable of doing any work with Bitcoin. Bitcoin is able to work like a real currency. You can buy things with money like money from the market. You can buy everything through the online market with the help of bitcoin. If you wish, at home You can order mobile purchase order.

Kadal Ijo
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November 30, 2017, 02:03:31 AM
 #443

Which I know is from china, many chinese users actively use bitcoin so it becomes a great power that is very worrying for the government of China so get banned.

Ulumorzki
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November 30, 2017, 05:05:26 AM
 #444

I think the most common use of Bitcoin is investment and trading. Today may are investing their Bitcoin because of its value that is very high. Some are using it in gambling.

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Oliver A
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November 30, 2017, 05:20:20 AM
 #445

The most common uses of Bitcoin today are:

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

Bitcoin is also used as an investment vehicle, as many speculators believe bitcoin will continue to grow in value thus making it a good albeit risky investment.

igybadger
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November 30, 2017, 05:34:32 AM
 #446

The very fist time I read about bitcoin was in the deepweb. I read that the common way of paying transactions there are using bitcoins. I thought that bitcoin was only available on the deepweb.
Wintersoldier
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November 30, 2017, 06:02:56 AM
 #447

Whatever you can do with a traditional currency can be done with Bitcoin. We are now at the point that there are several companies which offer to purchase an item on any website and you pay via Bitcoin.

It's not currently the most easily accessible, but we are certainly making progress.
Bitcoin as an alternative currency can be use in almost the same way as money can do. We can trade, pay bills, purchase and invest using bitcoin. Its limitation is not constant since the use of bitcoin and other alternative currencies are being studied to its maximum usage and market limitation in the future.
claydeey
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November 30, 2017, 06:12:51 AM
 #448

Bitcoin is used to buy anaything from toothpick to gold. You could also use bitcoin for gambling, bills payment just like any other currency. People use bitcoin as a medium of exchange just like any other fiat money.

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leanhtuan
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November 30, 2017, 06:29:03 AM
 #449

I mostly  don't use bitcoin to buy flight tickets, rent hotels or buy pizza and other necessities. I use bitcoin as investment vehicle ,
because I believe bitcoin will certainly continue to grow in the next few years. I think buying a flight ticket or buying something,
there is no need to use bitcoin as we can use cash.

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Potchi
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November 30, 2017, 06:36:34 AM
 #450

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.
Because bitcoin is a safer than others for it is the main platform in investing money, people use it commonly is investing and managing their funds. It is also used in savings because it is secured which will secure a better future for those who trust it. Bitcoin is commonly used in investing and saving money.

Rupok
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November 30, 2017, 07:03:46 AM
 #451


If you use Bitcoin in investment work, you can get good results. As Bitcoin is used online, so you can invest in online investment sites.You also have many other activities where you can use Bitcoin.

bitfocus
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November 30, 2017, 07:06:28 AM
 #452

You can spend them buying goods and services as there are many services and outlets who accept Bitcoins. Also, some people make money with Bitcoin with something called "Investment" and makes more money. (As a newbie, you can learn more about Bitcoin and Investments in this nice forum, just dig it.) Happy Bitcoining Smiley
RKSummer
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November 30, 2017, 11:08:12 PM
 #453

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.

Bitcoin can open employment for people who have not got a  job. It can reduce unemployment in the community. You really can make more money in holding it because the price is keep on increasing.You can buy and sell goods online. You can use it to invest in some businesses because the value continiously grow. You can use it to pay bills, without going anywhere.That's all the uses of bitcoin that I know.

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LightSide
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November 30, 2017, 11:09:05 PM
 #454

I think gambling is the most common, the second for sure is trading, third holding, and the last and less important, ilegal moves.
Mei1418
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November 30, 2017, 11:19:06 PM
 #455

you can use bitcoin when economic conditions are down,
cepedacharles29
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December 01, 2017, 02:17:41 AM
 #456

For me many are common use of bitcoin and help people especially those who no jobs and have not graduated from school. Like me bitcoin serves as my job because I was unemployed and I was looking for job and My income is bigger than regular work and while I'm a member rank just my income is exact in one week.
akmittal
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December 01, 2017, 02:17:54 AM
 #457

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.

Presently bitcoin may be used as investment as you describe in point no 4. In other way it will be used very soon in coming one or two years.
chip211
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December 01, 2017, 03:07:34 AM
 #458

Bitcoins are popular as a calcu- lated currency for every altcoin present in the crypto market and this is the most popular bitcoin.
nemesis_
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December 01, 2017, 03:24:35 AM
 #459

Since bitcoin is a worldwide cryptocurrency and worldwide payment, it can be use to purchase goods  and transact with anyone for anything like how we use flat currencies today. It can also be use in investment. Investment in vehicle for example. Speculators believe bitcoin will grow in value thus making it a good investment.

Jhon3438
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December 01, 2017, 03:28:03 AM
 #460

The common use of btc is for paying bills and buying online products and booking tickets.
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