Bitcoin Forum
June 22, 2024, 11:57:51 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 »
  Print  
Author Topic: What are the most common uses of Bitcoin?  (Read 8440 times)
Glorypaasa
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
March 23, 2018, 04:36:27 PM
 #861

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.

Speculation and buying other speculative cryptocurrencies Speculation doesn’t necessarily mean bad Here are some of the main clear uses  utility tokens, asset backed tokens, store of value tokens. An example of utility tokens that are proven is Storj - decentralised data storage tokens. Asset backed tokens will most likely be used to create more liquidity in certain markets such as oil, real estate, warehouse financing and bonds. One example is Venezeulan cryptocurrency Petro to bypass SWIFT and US sanctions. Store of value tokens that have certain advantages are bought as well. I won’t detail it because the only major difference is privacy coins.
and some people use this to transact to others by sending money from their wallet .
makolz26
Sr. Member
****
Offline Offline

Activity: 714
Merit: 254


View Profile
March 23, 2018, 04:56:13 PM
 #862

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.

Speculation and buying other speculative cryptocurrencies Speculation doesn’t necessarily mean bad Here are some of the main clear uses  utility tokens, asset backed tokens, store of value tokens. An example of utility tokens that are proven is Storj - decentralised data storage tokens. Asset backed tokens will most likely be used to create more liquidity in certain markets such as oil, real estate, warehouse financing and bonds. One example is Venezeulan cryptocurrency Petro to bypass SWIFT and US sanctions. Store of value tokens that have certain advantages are bought as well. I won’t detail it because the only major difference is privacy coins.
and some people use this to transact to others by sending money from their wallet .

A lot of things that can be done now in having bitcoin, actually some real estates also accepts  bitcoin, and who'll know, mcdonalds might also approve having bitcoin as their one of mode of payment, as it was speculated around the internet during past months but still no clarification about it.
judemarco1996
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
March 23, 2018, 05:01:47 PM
 #863

Bitcoin is a virtual money so you can buy many things like clothing, gadgets, food, and many more. You can alsobuy services in mode of bitcoin.
oloveloveo
Member
**
Offline Offline

Activity: 158
Merit: 10

“Revolutionising Marketing and Loyalty"


View Profile
March 23, 2018, 05:10:34 PM
 #864

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.


Using bitcoin you can buy stuff online for the website that accept bitcoin as payment for transaction.
With bitcoin you can hire someone to do some stuff and pay his/her salary using bitcoin.
With bitcoin, you are just like a cardholder which dont need to have a flat currency all the time which is kind of risky if it is a huge sum,
with bitcoin people wouldn't know how much you have because its not visible.
Bitcoin hide your identity in any transaction you made and its not publicly showed.
In some country they use bitcoin as money needed for daily transactions.
I think bitcoin is convertiable to any flat currency, but you must know first the exchange that convert bitcoin to your local flat money.
Theres a lot of it which is very good

Satish147
Full Member
***
Offline Offline

Activity: 420
Merit: 100


Harmony for One and All


View Profile WWW
March 23, 2018, 05:15:08 PM
 #865

The most common uses are not purchasing only goods

We need to see the charectestics of Bitcoin. Which are medium of exchange - That means it applies to all about what you mentioned in the post. And as a Store of Value.

Bitcoinislifer09
Full Member
***
Offline Offline

Activity: 257
Merit: 101


View Profile
March 23, 2018, 05:15:55 PM
 #866

The common used of bitcoin is the real main acoount of the bitcoin that they can get the whole bitcoin benefits instead of working for the company. And you will learn alot in bitcoin if you are always reading what bitcoin it is, so that choose the original main account of the bitcoin to avoid suspicious in other people sayings...
Bisul
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
March 23, 2018, 05:24:03 PM
 #867

Bitcoin is starting to become the main currency because people now use bitcoin as a way of making purchases or payments online because it's less of a hassle because you do not have to give away all your personal information and you just have to get a bitcoin address then you can easily send payment without any problems.
yoseph
Sr. Member
****
Offline Offline

Activity: 868
Merit: 266



View Profile
March 23, 2018, 05:36:25 PM
 #868

Most of the time it is used as a currency and others times most people treat it as an asset like Gold or stocks where they buy it for a long period and then cash out when they feel they have made enough profits out of it.
Jembut Ireng
Sr. Member
****
Offline Offline

Activity: 586
Merit: 250


View Profile
March 23, 2018, 05:51:32 PM
 #869

Bitcoin is a very valuable digital asset, many people say bitcoin is a currency because it can be used for online payments, whatever the important name is the price that goes up so I can get a big profit someday.
Ashong Salonga
Sr. Member
****
Offline Offline

Activity: 882
Merit: 260



View Profile
March 23, 2018, 06:02:22 PM
 #870

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.



As I know bitcoin has many different uses but I will give only to you the main uses of it. (1) The use of bitcoin today on many people are currency for buying things they want in internet because bitcoin is a digital currency used online, (2) it also serves as earnings and investment to many people especially those businessmen that are into business and (3) bitcoin serves as support for everyday need especially financial.

.
.
.
▄███████████████████▄
█████████████████████
████████████▀▀░░░░███
███████████▌░░░░░░███
███████████░░░░██████
███████████░░░░██████
████████░░░░░░░░░░▐██
████████░░░░░░░░░░███

███████████░░░░██████

███████████░░░░██████

███████████░░░░██████

███████████░░░░██████

▀██████████░░░░█████▀
▄███████████████████▄
█████████████████████
█████████████████████
████▀██████▀░░░▀▀▄███
████░░▀▀███░░░░░░▄███
████▀░░░░░░░░░░░▐████
████▄░░░░░░░░░░░█████
█████▀░░░░░░░░░▄█████

████▀█▄░░░░░░░▄██████

█████▄░░░░░▄▄████████

█████████████████████

█████████████████████

▀███████████████████▀
▄███████████████████▄
█████▀▀▀▀▀▀▀▀▀▀▀█████
███░░░▄▄▄▄▄▄▄▄▄░░░███
██░░▄█████████▀▀▄░░██
██░░███▀▀░░░▀▀▄▄█░░██
██░░██▀░▄███▄░▀██░░██
██░░██░░█████░░██░░██
██░░██▄░▀███▀░▄██░░██

██░░███▄▄░░░▄▄███░░██

██░░▀███████████▀░░██

███░░░▀▀▀▀▀▀▀▀▀░░░███

█████▄▄▄▄▄▄▄▄▄▄▄█████

▀███████████████████▀
▄███████████████████▄
█████████████████████
█████████████████████
██████████████▀▀▀████
██████████▀▀░░░░▐████
██████▀▀░░░▄▀░░░█████
████░░░░▄▄▀░░░░▐█████
██████▄▐█░░░░░░██████

███████▌▌░░░░░▐██████

████████▄██▄▄░███████

█████████████████████

█████████████████████

▀███████████████████▀
.
codecares
Newbie
*
Offline Offline

Activity: 266
Merit: 0


View Profile
March 24, 2018, 01:24:33 PM
 #871

Bitcoin is just a further form of currency it is just digital currency therefore you can reach anything you can get your hands on subsequently affable keep. Of course bitcoin is beast well-liked not much as soon as cash but nevertheless it is very flesh  and blood thing well liked  on the subject  of everywhere in the world, you can not on your own earn bitcoin earn bitcoin maintenance but you can experiment also it and get your hands on a lot of knowledge more or less maintenance and auxiliary fields which maintenance can obtain you. You can locate your colleges with it can have enough money any facilities. If you cannot regard as monster all that accepts Bitcoin subsequently I will advise you become the first  to assign upon that serve.
Paopao
Newbie
*
Offline Offline

Activity: 110
Merit: 0


View Profile
March 26, 2018, 02:26:23 AM
 #872

I think Bitcoin can be used for many things at this time including the payment of fees, flights, purchases of goods online, and even stores in various parts of the world that receive bitcoin payments. It is a good source of payment and soon the world will accept its full use.
gangem07
Full Member
***
Offline Offline

Activity: 598
Merit: 100


View Profile
March 26, 2018, 02:53:53 AM
 #873

I think Bitcoin can be used for many things at this time including the payment of fees, flights, purchases of goods online, and even stores in various parts of the world that receive bitcoin payments. It is a good source of payment and soon the world will accept its full use.
Bitcoin has many common uses like online bills payment,online games,and shopping through online that accepts bitcoin as a payments,and we can go anywhere just to buy tickets through bitcoins.And it can be more usefull when it legalized in some countries.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬   ▼  PUNKCOIN  ▼   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
The rebel under the cryptocurrencies - a different ERC20 project
 WebsiteReddit △  Twitter Whitepaper △  ANN Thread
BennyK
Member
**
Offline Offline

Activity: 672
Merit: 14


View Profile WWW
March 26, 2018, 02:55:49 AM
 #874

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 and its Blockchain technology offers numerous benefits and use as already listed. You cannot talk of its benefits or use without mentioning the job opportunities it offers. It generates financial satisfaction since it allows to invest in portfolios which yield greater returns than any other investment. Bitcoin is used to pay school fees in certain schools in my country

SameerSony
Newbie
*
Offline Offline

Activity: 211
Merit: 0


View Profile
March 26, 2018, 03:06:49 AM
 #875

Bitcoin technology has numerous benefits and you can earn by bitcoin huge profit. My opinion bitcoin use most common field buy and sale. Before you buy bitcoin look the price. buy low price and wait when price will increase then sale it.
mkcube
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
March 26, 2018, 03:15:47 AM
 #876

There are many uses that bitcoin has.It can buy food,clothing,booked tickets etc.And it can be more useful if all contries used bitcoin as for thier transaction or fees.It is also an asset.
denzkilim
Full Member
***
Offline Offline

Activity: 1218
Merit: 105


View Profile
March 26, 2018, 03:36:13 AM
 #877

For me the most common uses of bitcoin is to provide cash assistance for basic expenses of many people then savings for some and investments for those people who believe that they will earn good profit by holding bitcoin even in a short period of time
I use my bitcoin for investing and the profit I get for my investment, the most common I use it is for my tuition fee and my daily expenses. And I hold some of bitcoin for short term investment there profit I used it for my household bill.

That's good you're using your Bitcoins on the right way. Smiley I use Bitcoin as a medium of payment for some stuffs and transactions because it is much easier and hassle free unlike using credit cards. I think the main reason why Bitcoin is created is to simplify our monetary system and make the payment system hassle free and easy but a lot of people doesn't think this way and they see Bitcoin as a money making machine or a magic money maker and they are all wrong about it because that is not the main purpose of this technology.  Smiley
Lenzie
Sr. Member
****
Offline Offline

Activity: 658
Merit: 254

For campaign management, please pm me.


View Profile
March 26, 2018, 10:10:33 AM
 #878

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.

There are a lot of use of bitcoin more than just using it for buying things online and in physical store. You can use bitcoin for investing a lot because as you've said, price of bitcoin grows a lot. You can trade bitcoin in long term or in short term. Though bitcoin is volatile it really helps the short time trader to have the most of advantage.


.
Bitcoin Mixer
▬▬ www.Go-Overt.com ▬▬
.............CLEARNET..........TORNET............
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄████████████████▀▀█████▄
▄████████████▀▀▀░░░░██████▄
████████▀▀▀░░░▄▀░░░████████
█████▄░░░░░▄█▀░░░░░████████
████████▄█▀░░░░░░█████████
▀████████▌▐░░░░░░░████████▀
▀████████▄██▄░░████████▀
▀█████████████▄███████▀
▀█████████████████▀
▀▀█████████▀▀
OVERT
BOT
▄▄█████████▄▄
▄█████████████████▄
▄███████████████████▄
▄█████▀▀▀▀▀▀▀▀████████▄
▄███████▄░░░▄▄▄▄░░▀███████▄
█████████░░░████░░░████████
█████████░░░░░░░░░▀████████
█████████░░░████░░░░███████
▀███████▀░░░▀▀▀▀░░░▄██████▀
▀█████▄▄▄▄▄▄▄▄▄███████▀
▀███████████████████▀
▀█████████████████▀
▀▀█████████▀▀
ANN
THREAD
|Go-Overt
Powered by [banned mixer]
ooeygooeygold
Full Member
***
Offline Offline

Activity: 465
Merit: 100



View Profile
March 26, 2018, 10:41:00 PM
 #879

Bitcoin has many uses but the most common uses of it is investing and also for payment of bills and etc. In today's generation bitcoin generates high value and it gives us money in an easier way. It helps us on our financial needs also it is gaining when were holding it.
Corcoran
Newbie
*
Offline Offline

Activity: 104
Merit: 0


View Profile
March 27, 2018, 12:04:00 AM
 #880

I think bitcoin has become the main platform in use to run an online business and also as an asset for the future
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 [44] 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!