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Author Topic: What are the most common uses of Bitcoin?  (Read 8228 times)
CAPTEZECC
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March 19, 2018, 02:15:12 PM
 #781

You can use bitcoin as a means of transferring huge amounts of money across countries and continents very fast and easy.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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March 19, 2018, 02:21:55 PM
 #782

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.


basically you can use it as a replacement for conventional currency to which you could actually convert it. BTC has been globally accepted now making almost everything very accessible. This might actually reduce so many tedious personal transactions. The fact is, if we could capitalize on this, we could really improve what our systems of transacting.

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March 19, 2018, 02:23:39 PM
 #783

The most common way that i know that almost all the bitcoin users uses bitcoin is only for investment and there is nothing than that.
jaylhynne018
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March 19, 2018, 02:27:23 PM
 #784

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.

my experience by using bitcoin is to use for my everyday needs because bitcoin can be use as a true currency because it can be exchange to real money to buy everything you want or you can use it as a financial.

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harbs23
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March 19, 2018, 02:30:58 PM
 #785

Hi my experience in my country which is Philippines there so many uses of bitcoin like you can used bitcoin for paying bills paying tuition fees shopping online and more.
Because bitcoin is very convenient in my hometown.
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March 19, 2018, 03:22:41 PM
 #786

I used bitcoin as a payment method to order something online and I think this is great for our generation, to live this experience with the technology
Kaattu1
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March 19, 2018, 05:15:46 PM
 #787

The number of companies accepting bitcoin payments has increased over the last few years. Microsoft and travel website Expedia both take bitcoin, and Icelandic singer Bjork is also accepting bitcoin payments for her latest album. Retailers in Japan can now accept bitcoin payments thanks to a new law passed last year, and small businesses can accept bitcoin payments through simple plugins that add to WordPress websites.
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March 19, 2018, 05:19:57 PM
 #788

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 good for long term investment because the price is increasing depending on the market's volume, if bitcoin is stable on its price then there is no way that people will invest. Knowledge about investing and selling on the right time will make you earn a huge amount of profit.
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March 19, 2018, 05:22:09 PM
 #789

As far as I know, the most common usage for Bitcoin is just onto trading. I can't really tell the use of this when it comes to buying food, appliances, and gadgets maybe because most of the economies here, worldwide, still doesn't accept cryptocurrency as a regular payment scheme.
They're just still thinking of the most beneficial way to use this type of currency. We can't hardly push it into the market as they're still lacking some knowledge on how this will be a FIAT. That's why BITCOIN IS JUST FOR TRADING, but still hoping for the better future of crypto.




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Aurora Castro
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March 19, 2018, 05:44:02 PM
 #790

Some of the payment uses with bitcoin are
 1. buy in different restaurants and bars
2. Purchase video games and even consoles, has also been very popular for those who prefer to play on online gaming platforms, as they can use their bitcoins and tempt luck in an online casino bet with this cryptocurrency.
3. It can also be used as an investment, since it has very good rises, which increases its value and, therefore, its profits.

Other services, such as website design and issues related to travel and tourism, are increasingly prone to accept them.
Johnny Lgz
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March 19, 2018, 06:11:35 PM
 #791

The most  common use of Bitcoin is for trading, (including the holding moment and buying strategy)  that's the common use of it when it come to earning!!!
prediction on bush
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March 20, 2018, 04:32:58 AM
 #792

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 common uses of bitcoin is my past time. Also I considered the bitcoin as my job, because the bitcoin is my only source of income. My earnings here in bitcoin are used to support our needs of my family and to support my little brother in his study.
dyablo
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March 20, 2018, 04:55:50 AM
 #793

You can earn money by speculations)

You can use bitcoin to paybills and shopped online.  You can use it as an investment,an asset and as a source of income.
Ojengonggu
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March 20, 2018, 05:08:11 AM
 #794

because in my country is still not accepted by the country so bitcoin is limited as a money and trading producer
but I can shop online in wabset which now has received a lot of BTC
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March 20, 2018, 05:09:17 AM
 #795

You already know the outline, so basically you use bitcoin for online transactions like buying and selling almost anything
...YES and actually, it sounds like a person who have yet knowledge about the usage of bitcoin because of the outline. obviously, the common uses of the bitcoin is for online transactions specially for buying and selling that it makes helpful as a source of income to  a lot of people who involved it. And the best thing it uses as an regular job to those jobless people.  
randulakoralage961007
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March 20, 2018, 07:56:15 AM
 #796

Many in the Bitcoin community hope that the cryptocurrency will eventually be used for the buying and selling of everyday things, much like how we use traditional fiat currency.
megatrix
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March 20, 2018, 03:19:46 PM
 #797

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 think that's the most common uses of bitcoin and i agree to you but let's more be specific. we know that the bitcoin is an online cryptocurrencies and being alive in the internet. I think the most common uses of bitcoin is to make the negotiation faster in the economy and the bitcoin have this traits and the next most common uses is that's what your typing.

The uses of bitcoin that has been stated are only allowed in few countries, unfortunately. Hoping there will be more countries to produce law about legalizing bitcoin so there  will be more uses of bitcoin can be.

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March 21, 2018, 07:14:14 PM
 #798

One miner, even if he has a large and powerful Farm, can not find such a number. Therefore, there is a merger of single farms into the mining pool, which is a server that spends the task of finding a hash among all the participants.
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March 21, 2018, 08:46:14 PM
 #799

While the most popular method of application bitcoin is an investment. That's exactly how I use it.

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March 21, 2018, 08:55:26 PM
 #800

I will agree with those who claim that the most common way to use bitcoin is investment and earnings. Bitcoin is little used as a currency, as it is not accepted in all countries.

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