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Author Topic: What are the most common uses of Bitcoin?  (Read 8484 times)
Fakhri1907
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February 05, 2018, 04:52:07 AM
 #661

Actually for now, it's not effective to use bitcoin as a payment, because the send fee and the send time. For now, bitcoin is more suitable to be a long-term investment. You don't need to move your bitcoin. Just hold the bitcoin in your wallet. If you want to move it, buy altcoins and then send the altcoins to where you want to move it, because the fee is cheaper.
bitcoindian
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February 05, 2018, 05:11:24 AM
 #662

Bitcoin as form of remittance is the best way to send money cross broader without any intermediary charges or restrictions
doraegun
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February 05, 2018, 06:02:57 AM
 #663

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.



If Bitcoin is available to people someday many common uses to use here, first a lot of things you want to buy you got it without no hassle, all your daily needs start from foods bills payment rent a house paying to department store all of these are willing to serve by Bitcoin with digital transaction no handle a big amount just free relax at all time when you travel. thats a good benefit of bitcoin

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ApocalypseNow
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February 05, 2018, 06:19:15 AM
 #664


Trading is also a HUGE use of BTC.


Exactly. I think most have said that they use to buy things they want but I don't see using it as a convenience. The fees hurt so much when you do small transactions so I can confidently say that trading is more common than buying.
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February 05, 2018, 06:27:31 AM
 #665

Since not all countries acknowledges the presence of bitcoin and accepts it as payment for certain transactions, bitcoin is mostly used as an investment. This is one of the most common uses of bitcoin while trading and purchasing altcoins Follows. Although, there are certain countries that accepts bitcoin as payment in some restaurants and hotels while using bitcoin in casinos is also rising in frequency.

Zeque02
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February 05, 2018, 06:36:24 AM
 #666

The most common uses of Bitcoin is transacting payments, investing, and employment. Transactions is very fast as long as there is an internet connection. It is easy for us to rent, pay bills and sending money to everyone.

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February 05, 2018, 06:40:32 AM
 #667

I think nowadays drungs and guns is the most common purchases in darknet. At my opinion most of transactions with bitcoin was made in darknet so paying for legal stuff online is rare use  Grin
not only gun but drugs,hiring criminal etc also deal with bitcoin payment.without dark net bitcoin is mostly using for taring porpoised.
arrmia11
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February 05, 2018, 06:42:58 AM
 #668

There's a lot of common usage of bitcoin to include transactions online such as buying ticket, booking hotels, payment for online orders, fast transaction of those things. Although as of now, it is not commonly used by most of the countries in the world, but the features of it is very good once it is adopted. These features will will be useful from a day to day living.

yuyuchain
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February 05, 2018, 06:51:58 AM
 #669

For me, I just invested in bitcoin because my country still barred bitcoin, and in reality I did not have access to bitcoin at all.
Alamin2
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February 05, 2018, 06:57:53 AM
 #670

There is so many way to earn money from bitcoin. Buying and selling is a common use of bitcoin. Also it's contained treading system for people.
Other way is the most common uses of Bitcoin is transacting payments, investment, treading etc.
dvillier
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February 05, 2018, 07:58:15 AM
 #671

I think people not use bitcoin for common purpose, the use bitcoin only when they have really need paper money and the have nothing with out bitcoin, this is at the time when the value is going up. While when the the value of the bitcoin fall the people use bitcoin for very common needs. like to pay the rent of the house, to pay the schools and uni fees, to pay the bills and other needs to full.
Lorna t
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February 05, 2018, 09:28:10 AM
 #672

 Yes!! Bitcoin is very remarkable ...and very great full .
Bitcoin is a currency where it is not so traced something entirely in that way we get anything except when it comes to high end of luxury it says a normal eating and saying this example of luxury even in large building yet bitcoin really receive a party in a bigger payoff that there is a need to stay free from anyone else that I have receive on an online web .at I'm also assuming that it is not our share of the savings or have been drained in our account and all fall into the bitcoin increase before it is rented due someone has a valuable currency .so we can do whatever way in bitcoin we carry it whatever we are bitcoin is actually used so we should take care of this bitcoin.
yepaiyique2
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February 05, 2018, 09:53:48 AM
 #673

Because BTC is still forbidden in my country!

So at present, I can only invest through BTC!

Of course, I will also store BTC for my children to keep up, maybe when they grow up BTC will be legal in my country!
sanjay6121
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February 05, 2018, 06:12:01 PM
 #674

the most common uses of bitcoin you can use as a online currency you can purchase goods. foods from kfc you can buy a flight ticket you can investment in bitcoin for make profit you can book hotel from bitcoin.
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February 06, 2018, 06:07:35 PM
 #675

Bitcoin can be use in various ways; the most common is type of investment. They buy bitcoin and hold it from this in future they can obtain more income.
Other people use this bitcoin in buying or paying something via online transactions .
siddu67
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February 06, 2018, 07:16:27 PM
 #676

The most common uses of bitcoin is investment.Almost 90% people all over the world uses bitcoin to invest.We can also use bitcoin in  more many ways such as in our political motives,social motives etc.

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February 06, 2018, 07:20:03 PM
 #677

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 is very useful because it is very expensive. bitcoin can be used for various household needs such as buying clothes, food, to pay for electricity, to buy vehicles such as motorcycles and cars.
for me bitcoin has helped me a lot in every way, i'm so glad to have known bitcoin.

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February 06, 2018, 07:43:42 PM
 #678

Investing is the most common uses of Bitcoin. Maximum people are get huge profit to invest it(btc). Moreover, it's used to take tickets, booking hotels, paying electricity bills.

Sampson7
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February 06, 2018, 07:56:01 PM
 #679

Bitcoin can be used in diversed ways, through investment. Bitcoin can also be used for transactions in gold,crude and many other ways of .it is also easier to send money to anyone around the world.......
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February 06, 2018, 08:11:40 PM
 #680

You already know the outline, so basically you use bitcoin for online transactions like buying and selling almost anything
There are so many uses of bitcoin, of course, the most common use is for payment to stuff that you want to buy. But there are more of it, donating to charity, you can also use it in gambling (what I heard from my sister she sometimes joins into bitcoin gambling.)concealing the true value of personal assets, transferring money across government lines. There's a lot more you can name what bitcoin used in your daily living. 😊😊
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