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Author Topic: What are the most common uses of Bitcoin?  (Read 8438 times)
saiful1234
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April 09, 2018, 01:25:47 PM
 #981

For the common used of bitcoin is for investment and trading.It is very beneficial for me that can generate my  money by treading bitcoin.In the modern era as now botcoin is needed, very many benefits.
Thardz07
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April 09, 2018, 01:36:50 PM
 #982

The common uses of bitcoin is use is for speculation. To a lesser, but still significant degree, it is used as a money transfer just like similar to how PayPal or Western Union is used. However, because Bitcoin has so much potential in replacing PayPal and VISA/Mastercard/AMEX for many transactions, that doesn't mean there won't be bitcoins used for commerce in the future. It just means speculators are believing that day will come, and are buying up the coins that consumers will eventually need for making their purchase transaction.
Cloak1
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April 09, 2018, 02:18:25 PM
 #983

I see nowadays bitcoin is mostly used as a investment vehicle, as many speculators believe bitcoin will continue to grow in value, thus making it a good,  but risky investment.
Jaky
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April 09, 2018, 02:26:31 PM
 #984

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.


Speculations believe that btc will be in it high peak value in the near future.. Investing is risky i know, but when the time come btc can also buy cars house and lot air fairs and other items we have in the market.. But now as far as i know its for buying and investing, But for now its benifit can satisfy its members..

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Coinnosaurus
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April 09, 2018, 02:34:16 PM
 #985

Purchase of digital goods and services. Microsoft and Steam used it for the purchase of games. Others included are digital gift cards, aged account transfers (Reddit, Bitcointalk, etc), VPN accounts
bitcoinminer45678
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April 09, 2018, 02:51:42 PM
 #986

The common uses of bitcoin is use is for speculation. To a lesser, but still significant degree, it is used as a money transfer just like similar to how PayPal or Western Union is used. However, because Bitcoin has so much potential in replacing PayPal and VISA/Mastercard/AMEX for many transactions, that doesn't mean there won't be bitcoins used for commerce in the future. It just means speculators are believing that day will come, and are buying up the coins that consumers will eventually need for making their purchase transaction.

No, At the begininig it was mainly used by bitcoin enthusiasts on dark markets and for crypto trading and now it's more and more often used in everyday life of an average user to buy everyday goods and services, the bitcoin debit cards have appeared. For me it's quite normal to go to the store in the area I live and pay with bitcoin on my card. Few years ago something like this was beyond imagination.
Suffoc8
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April 09, 2018, 02:57:17 PM
 #987

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 things that you have been said is the specific things that you can use in bitcoin, the general uses of bitcoin are it is being use to buy products, because it is still kind of money, you can use it to buy another kind of cryptocurrency and buy tokens also, you can use it to invest. But the main purpose of bitcoin is to have a much easier way of living of the human in the economy.

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Bugcoin5
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April 09, 2018, 03:43:34 PM
 #988

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 of Bitcoin is to purchase of digital goods and services.it can give to our customer the flexibility to pay for only what they want.They can make one time micro payments,pay by subscription,or pay as they use our digital goods.
Wasaisisi
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April 09, 2018, 07:07:30 PM
 #989

Trading it for goods and services, personal and enterprise investment. From a most people point of view is a currency which is used for online transactions and comes with tons of advantages such as high security and not depending on a bank entity to whether accept/decline the transaction.
Endanglex
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April 09, 2018, 07:15:02 PM
 #990

To earn money,
for the necessities of life.
To invest or trade.
frank2018
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April 09, 2018, 07:21:23 PM
 #991

Bitcoin is one of the ways to uplift the lives of those in the lower bracket of the society. You can earn bitcoins and exchange it to real money through mining. Also this can be used also as payment to most transaction in particular areas. In the near future, bitcoin may serve also commodities of most people.
predictors
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April 09, 2018, 09:58:53 PM
 #992

There are too many stores and companies accepting bitcoin as a mode of payment. It is a form of digital currency. You can transact with anyone for anything that is available. The use of bitcoin is the same as the use of fiat currencies. But still people use bitcoin for trading and investment because they believe it will continue to grow in value.
Lang09
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April 09, 2018, 10:35:55 PM
 #993

It's pretty much a currency you can buy stuff with, the catch is that it's just a bit different in a few aspects that make it distinctive from regular currency. You can even buy your groceries with it if you like, but the rule of thumb is that it's mostly used as a way to earn huge money by holding, or hodling as it's called, bitcoin to sell it later.
chrsjrcj
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April 10, 2018, 01:17:00 AM
 #994

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
chengyinoing01
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April 10, 2018, 01:40:05 AM
 #995

I think that bitcoin has been used by most people as a tool for speculation, and it has forgotten its own value and purpose, so it will have a weak market this year.

So what we need is a believer, not a speculator of what bitcoin is.
rokergila01
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April 10, 2018, 02:07:07 AM
 #996

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.

By using Bitcoin then this is the easiest way to exchange money for minimal cost. here are some of the benefits and benefits of Bitcoin.
IMMBAGGA
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April 10, 2018, 02:36:34 AM
 #997

You can buy sell trade invest and also do the same via online transactions.  You can also purchase other crypto.  Take part in ICO.
cybersofts
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April 10, 2018, 02:40:08 AM
 #998

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 actually buy anything you want from house, car, to cloths. if you want to buy anything on Amazon just go to purse.io to make your purchased with 20% discount of course for using bitcoin to buy.

Purse.io - Get discounts greater than 20% on Amazon.com
Airbitz - Find bitcoin-friendly merchants near you and online
Coinmap - Find bitcoin-friendly merchants near you
Open Bazaar - A decentralized marketplace
rohican
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April 10, 2018, 03:04:27 AM
 #999

Some countries in Asia consider direct transactions with bitcoin as illegal. We have to exchange with our currency.
vvibu
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April 10, 2018, 04:58:19 AM
 #1000

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 use of bitcoin is a place to dig / store treasure in cyberspace                         BTC
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