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Author Topic: What are the most common uses of Bitcoin?  (Read 8232 times)
shibisu
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March 22, 2018, 02:26:13 AM
 #821

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.

here are some of the most common Advantages and Benefits of Bitcoin

1. Security and Manage your Money

Bitcoin transactions are secured by military-level cryptography. No one can use your money or make payments on your behalf.

2.function Anywhere, Anytime and By Anyone

Just like email, you do not need to require your family to use the same software or service provider. Let them use what they like.

3. Easy and Fast International Payment System

bitcoin can be transferred eg from America to Indonesia in less than 10 minutes. No Bank is slowing down the process, expensive fees, or freezing of funds.

4. Almost Free to use

Bitcoin allows you to send and receive payments very cheaply. except for special cases such as micro-payments, no fees are applied.

5. Protect your identity

With Bitcoin, no credit card numbers can be collected by a bad culprit to imitate you. in fact, it's even possible to post a payment without having to reveal your identity, just like real money.

6. Payment Via Mobile is made easy

Bitcoin on Hp allows you to pay with two simple scan-and-pay steps. no need to swipe your card, type a PIN, or sign anything.
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orka39
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March 22, 2018, 02:30:57 AM
 #822

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.

Legalizing bitcoin can help bitcoin grow and can be used for many reason like as real currency.
But now we can easy count the country which leaglized bitcoin so we are waiting for another.

james23
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March 22, 2018, 03:02:21 AM
 #823

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.

Some common use for bitcoin is you can use it for buying paying bills having use for shopping and everything  that you gonna or where to use it
izzabel
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March 22, 2018, 03:23:54 AM
 #824

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 most common use for bitcoin is for helping people gives other people having a work and extra income you can use for paying and buying bills also
hopelessromantiko
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March 22, 2018, 07:06:16 AM
 #825

Everything you use money for you can use it with Bitcoin in a general approach but there are places that won't accept Bitcoin too.  Smiley
fahad.khan
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March 22, 2018, 07:07:49 AM
 #826

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 uses you mentioned here are there, but reality is that the most common use of Bitcoin is to trade and get profits from it. Simple.
avoxosuccesful
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March 22, 2018, 07:12:35 AM
 #827

It was before visualized that bitcoin will turn into a cash itself and it will be utilized for on the web and disconnected buys. Be that as it may, these days bitcoin is utilized more as a venture in light of the tremendous future potential. Likewise with a bunches of brokers around, it is additionally being utilized as a theoretical resource for exchanging. I trust the primary detour for bitcoin is its affirmation time. That is the reason ETH is utilized as an exchange processor more than bitcoin because of its close moment exchange.
bhabygrim
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March 22, 2018, 07:17:58 AM
 #828

I think the most common uses of bitcoin is investment there are lots of people getting into bitcoin for investment.
They want to earn money through bitcoin that is why they are investing their money in it.

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Troysen
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March 22, 2018, 07:20:32 AM
 #829

Bitcoin is commonly used as a measure of value and a medium in trading, it has however been accepted by other businesses outside cryptocurrency, and now you can buy goods and services yusing BTC as long as its being accepted by the business operators
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March 22, 2018, 07:34:35 AM
 #830

From time to time it's increasingly visible that the superiority of bitcoin.. can be a virtual currency that's can be able to compete with the common currency is increasingly popular used by many people to do various efforts, but the most common and most known.. it remains for investing and trading. Well essentially this becomes another financial side that can provide other profits as an online job.
But the first time I knew that.. I don't know that it's the one of the investment medias, I just knew that it's a digital currency that can make real money.
piececake24
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March 22, 2018, 07:44:27 AM
 #831

Bitcoin is not just about converting into paper money, and another ways to earn money but it also making a big impact to our society, bitcoin is a big influence for me it changes many people mindset when it comes on digital currency, and it is so useful when it comes on online transaction that don't hassle many of us anymore for me the common uses of it is just by doing transaction and transaction worldwide through online
Bustart
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March 22, 2018, 07:56:15 AM
 #832

From time to time it's increasingly visible that the superiority of bitcoin.. can be a virtual currency that's can be able to compete with the common currency is increasingly popular used by many people to do various efforts, but the most common and most known.. it remains for investing and trading. Well essentially this becomes another financial side that can provide other profits as an online job.
But the first time I knew that.. I don't know that it's the one of the investment medias, I just knew that it's a digital currency that can make real money.
Aside from it's a digital currency, it can also be used in buying things electronically. Transactions can be instantaneous, fast, cheap, private and secured. Through bitcoin, you can do trading, and investment.
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March 22, 2018, 08:10:36 AM
 #833

Bitcoin is such a great thing because of its functions or uses such that it was use as a form payment for different services and goods ; it is also someone's way of earning money because through this , they can produce money by just posting or mining and the good thing with this bitcoin why most people use it is that it saves their time , money and effort .
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March 22, 2018, 08:23:39 AM
 #834

The most important use of bitcoin at this stage is to invest, and I think that's what most people do. Buying a pizza like a lot of bitcoins is just a propaganda. I think that in the future, bitcoin will not be used in a large amount of life, and it may become a reserve of encrypted currency. In addition, one of the most important functions of bitcoin should be to check the value of the entire encrypted community.
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March 22, 2018, 09:07:04 AM
 #835

I think the most common uses of bitcoin is payments, because we can use bitcoin for paying bills and to pay upon online transactions. The marginal is for investment, this is the most common uses,because most of people use bitcoin for investment , because it gives enjoyable profit. That's why in version  to people vivacious in bitcoin. we can use bitcoin with for our savings in the higher, because it's very safe and most safe.
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March 22, 2018, 09:09:53 AM
 #836

It would be nice if many shops around the world started accepting crypto currency, including bitcoin, as payment. I think this is our immediate future. But even if this does not happen, people will also be hoarding bitcoin as a valuable asset.
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March 22, 2018, 09:27:39 AM
 #837

bitcoin used to make better source of income, additional savings, plan to build new house and asset in future.
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March 22, 2018, 09:30:38 AM
 #838

The most important use of bitcoin at this stage is to invest, and I think that's what most people do. Buying a pizza like a lot of bitcoins is just a propaganda. I think that in the future, bitcoin will not be used in a large amount of life, and it may become a reserve of encrypted currency. In addition, one of the most important functions of bitcoin should be to check the value of the entire encrypted community.

For me i commonly use bitcoin as my daily income by working in it and it help me to earn a huge profit and its common use in investment and because it has a huge value most people commonly invest in bitcoin and many people will like to use on it.its common use in trading also.
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March 22, 2018, 09:34:16 AM
 #839

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 most common uses of Bitcoin is purchasing various stuff online. You have already mentioned some of the most common stuff being sold or made accessible online. Aside from plane tickets and hotel room, you can also use your Bitcoin to buy pretty much everything you really need, from shoes to t-shirts, hoodies, pants, rash guards, caps, collectible items, books, and so on. You name it, you can find it. However, there are still a limited number of online shops accepting Bitcoin. But there are individuals selling the same that accept Bitcoin payments.  
Sanjida
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March 22, 2018, 09:34:42 AM
 #840

I think the most common and important uses of bitcoin.there are lots of people getting into bitcoin for investment because it gives enjoyable profit.bitcoin is such a great thing such that it was use as a form payment for different services and goods.I just knew that it's a digital currency that can make real money.
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