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Author Topic: What are the most common uses of Bitcoin?  (Read 8484 times)
klim80
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February 01, 2018, 08:38:11 AM
Merited by Dennys52 (1)
 #621

 It is really helpful for those who is abroad and they want to send money to their family. The only problem is the fee from sending your bitcoins because it was quiet high and not acceptable sometimes to other exchangers. Besides the most common use of bitcoin today is in trading.
popoypalaboy03
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February 01, 2018, 08:39:46 AM
 #622

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.


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 a investment vehicle, as many speculators believe bitcoin will continue to grow in value thus making it a good albeit risky investment.Bitcoin is also being used to create digital assets on the blockchain. This is done through some third-party open source software such as counterparty and colored coins, to name a few.
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February 01, 2018, 08:42:32 AM
 #623

Obviously hiding your wealth is going to be one of the major uses of Bitcoin. Here in my country (India), the government is harassing the Bitcoin users quite a lot. If the anonymity was not there, then the authorities would have already confiscated all of our coins and put us behind bars.

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Seaze007
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February 01, 2018, 08:43:26 AM
 #624

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.

Common uses of bitcoin are, you can use to pay your bills, buying your needs and wants in life. But you need to be responsible to your bitcoin. And you can used your bitcoin by trading in internet.  
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February 01, 2018, 08:55:12 AM
 #625

Bitcoin was born to serve payment and only for payment. There are some individuals who say that Bitcoin makes smart contracts, I think it is not feasible because anyone can wait 10' to get a contract. That can not compete with ETH, NEO and Qtum

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February 01, 2018, 09:00:04 AM
 #626

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 used in many different ways. First bitcoin can be used pay bills, such as electrical bill and water bill. Bitcoin can also be used to buy load. You can load to yourself and you can load to others with a rebate. Next, bitcoin can be used to order online such as foods and other items. Bitcoin can be used to rent a hotel wherein you will pay online. Bitcoin used to help many people who are in need and hard to find job.

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bjjobg55206
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February 01, 2018, 09:21:32 AM
 #627

You already know most of the uses...You can also use it to buy different coins like altcoins,litecoins and the most common one is trading with bitcoins.

Bitcoin is the simplest, least expensive method of currency exchange. It makes mobile payments easier, financial security and control under control, and zero or very low transaction costs.
kuyaJ
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February 01, 2018, 09:27:53 AM
 #628

You can convert as a fiat and has a more opportunity.  Bitcoin can use as trading and investing online.  Bitcoin also has less hustle for some time and effortless.
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February 01, 2018, 09:35:39 AM
 #629

The most common use of bitcoin is to invest and earn extra revenue, you can also use bitcoin to exchange or buy other coins for diversified investments. Bitcoin is used to buy goods, but I find few shops support using bitcoin to pay.
handsomes
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February 01, 2018, 09:53:01 AM
 #630

The most common uses of bitcoin is many like earn money,buy load and pay bills of course you get a fiat money bitcoin can convert a pesos or dollar many different ways.
spiritguardcharles
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February 01, 2018, 12:40:52 PM
 #631

One of the most primary function of bitcoin in our economy is to be a medium of exchange for any economical activities as well  as an unit of account or currency which represents value that can be exchange for economic items such as goods and  services.The second one is , it's somehow can be used for money investments to gain larger amount of money or as an secondary source of income and above all bitcoin is used for either legal or illegal tradements of goods since it's the most safest and convenient method in the market

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green_fish
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February 01, 2018, 12:48:21 PM
 #632

As a legal currency conversion attack, I think this is the most convenient!

kimbob
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February 01, 2018, 12:54:42 PM
 #633

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.

Well I think the most important use of bitcoin is trading and long term investment.
Because in other countries they don't accept bitcoin as payment unless you would convert it into fiat.
baby222
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February 01, 2018, 01:01:15 PM
 #634

I use now bitcoin to increase my incomes. I made some profits because I bought when the price was lower than now. I want to go on a vacation this summer with bitcoin
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February 01, 2018, 06:44:03 PM
 #635

Bitcoin can be used as a form of investment assets by most people who love the business of this field. in addition it facilitates the way of transacting online anytime and anywhere without any time limitations. most people take advantage of this technology of digital currency to make the business field new because bitcoin can be traded and has a very valuable value.
Kolly
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February 01, 2018, 07:14:04 PM
 #636

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.

You use bitcoin as a payment for your bills and you can buy shopping onlines and also use as a remittance.

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February 02, 2018, 09:55:01 AM
 #637

Common uses of bitcoins are it can be use to purchase items specially onlines. Most of us today are already using technologies and some companies offer online purchases so it can be use to purchase items. It can also be used in paying bills. Alot of companies like network companies offer paying their bills through bitcoins so now it is much easier to use bitcoins specially in transactions that uses internet.

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February 02, 2018, 10:06:39 AM
 #638

You already know the outline, so basically you use bitcoin for online transactions like buying and selling almost anything

That's true, bitcoin can use for transactions like buying and selling. I use bitcoin to buy a product and bills payment. Many uses in bitcoin if need a person a money bitcoin is the solution in the problem because, bitcoin is so very easy get a money just go to btc wallet in coin.ph and cash out if how many you want cash out in cebuana lhuillier after you fill up wait 30 minutes for the code and go to cebuana branch and get it.
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February 02, 2018, 10:24:23 AM
Merited by BagzMM (2)
 #639

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.
You have your point my friend which bitcoin connection to ICO project to make more progressive in terms of facilitating different compaigns.In a reality of crypto world, bitcoin was the main purpose why every ICO was very competitive to become a nicely  presentation of  their project so that if it successful,their ICo project will be probably listed in the list of all coins in the coinmarketcap. This is the big impact of bitcoin for all the ICo's project
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February 02, 2018, 10:28:47 AM
 #640

Yes . Of course it is very useful. Bitcoin can help you with many different things. Make your life more comfortable. One can make a profit from it. by trade to earn bitcoin profits. A new business form that the payment method is bitcoin.

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