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Author Topic: What are the most common uses of Bitcoin?  (Read 8440 times)
portgas313
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April 10, 2018, 03:52:31 PM
 #1021

Exactly there is so many purpose of Bitcoin and the main use of bitcoin is to earn money. According to my thinking it is the most useful asset in the present time. Different people have their own mental approach towards it. Some people purchase goods and services through it. A person can use Bitcoin to pay bills, online purchasing and trading through it.
Topek3
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April 10, 2018, 03:57:34 PM
 #1022

You can earn money by speculations)


You can improve your knowledge and skills .
You can buy gadgets
You can buy foods
You can buy tickets
You can buy medicine
Xerox101
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April 10, 2018, 03:57:55 PM
 #1023

As of now, the main purpose of the bitcoin was an investment, since many people buy bitcoin because of playing the price in the market. many people expect the price will rise so that they will earn profit. In the future, additional common use of it will be as currency where they can use it to purchase something.
xiboothrezi
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April 10, 2018, 04:05:55 PM
 #1024

Well I think the most common and main use of bitcoin is how it can be a mode of payment transactions online.
But, most governments limit the use of bitcoin as a means of payment. The reason is related to possible criminal activity with bitcoin. So far bitcoin is more effectively used as an investment tool.

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fanita
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April 10, 2018, 04:22:22 PM
 #1025

bitcoin is the main platform used to invest in an ICO project, one of the most saving tools for a secure future, and bitcoin has a high return compared to current gold and has been proven.

toral host25
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April 10, 2018, 04:34:00 PM
 #1026

Bitcoin was made for peer to peer transactions. You can also earn some fiat by buying and selling bitcoins to usd nor altcoins. And the value of bitcoin is higher and the movement of the coin is unpredictable.
luis fantom15
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April 10, 2018, 04:34:12 PM
 #1027

The most common use of bitcoins depends like here in my country the people are doing shopping in great malls with their btc. some other are investing them in online trade and earning handsome btc in return
van jones2594
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April 10, 2018, 04:34:22 PM
 #1028

We can use bitcoin for online shopping for buying and some restaurants also accepting the bitcoin.
gidrulionel@gmail.com
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April 10, 2018, 04:34:49 PM
 #1029

Now bitcoin is full of investment and speculation. I think people should pay more attention to the actual use of bitcoin. The latest news I get now is that bitcoin can be used on some shopping sites
jones stone2505
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April 10, 2018, 04:35:16 PM
 #1030

If you want to buy something like shoes or clothes.
If you go to a cafe
For online shoping too.

And for many more.
Hasitha1001
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April 10, 2018, 04:36:36 PM
 #1031

Bitcoins are used as online payment for transactions
cryptojaani
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April 10, 2018, 04:38:50 PM
 #1032

As of now, the main purpose of the bitcoin was an investment, since many people buy bitcoin because of playing the price in the market. many people expect the price will rise so that they will earn profit. In the future, additional common use of it will be as currency where they can use it to purchase something.
People are using it for investment but as bitcoin is a digital currency so its main fucntion is a currency but at this moment, it is only limited to people who are living on countries where it is legal and supported as a currency. Anither function is an asset or investment where investors and users are getting huge profit as its market value is getting mire expensive as time is passing by.
Majharul Saiif
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April 10, 2018, 04:41:59 PM
 #1033

Btc don't legalize by all government in their country.So,it is difficult to use Btc in all places.But you can use this in many countries where Btc is accepted by their government.Now the most common uses of Btc is that it is used by all investors to succeed ICO and the currencies are accept Btc to promote their currency.

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WolkGold
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April 10, 2018, 04:44:00 PM
 #1034

After the utility and efficiency of bitcoin are common. Earlier it was quick money transfers and shopping with retailers accepting bitcoin. Right now, I think bitcoin is becoming more and more popular as a potential investment. By the value of bitcoin can be greatly increased. Users will be aware of this potential and not use them for any purpose other than investment or business.
Ethernel
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April 10, 2018, 04:52:23 PM
 #1035

I think that today, in terms of volume, btc is mainly used to invest in other altcoins. It's not yet democratized enough to be commonly used to make purchases:(
cmacwiz
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April 10, 2018, 06:46:45 PM
 #1036

You already know the outline, so basically you use bitcoin for online transactions like buying and selling almost anything
There's various use of Bitcoin. It is a digital currency so mainly it is use digitally all over the world. There are more than 100000 online retailer using Bitcoin for trading because bitcoin charge low transaction cost. You can buy household products directly from overstock. Com with the help of Bitcoin. People mainly use bitcoin to buy their daily use things, so they can buy their daily stuff from Amazon by using your Bitcoin. Many big software company like Microsoft, gaming company like green man game are also taking Bitcoin instead of real cash. You also use your Bitcoin for booking a flight, hotel room etc.
RuslanSamui
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April 10, 2018, 06:51:10 PM
 #1037

Hello everyone, the most common form of using bitcoin is its storage. I bought and do not touch his year another
BEZOP
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April 10, 2018, 06:54:14 PM
 #1038

Investing is the most common use of Bitcoin. Maximum people get huge profits to invest in (btc). In addition, it is used to pick up tickets, book hotels, pay utility bills.
julzcoinbit
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April 11, 2018, 08:01:15 AM
 #1039

In my perception aside from what has OP mentioned above. Bitcoin are commonly used by investing in any kind of platforms of ICO and mostly used crypto currency trading. This is also converting fiat for their daily necessitiesla.
OnlyTomorrow
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April 11, 2018, 08:06:11 AM
 #1040

The common uses of bitcoin these days is Spending Money Privately, Low-Cost Money Transfers, and Day to Day Purchasing of Normal Goods
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