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Author Topic: What are the most common uses of Bitcoin?  (Read 8443 times)
HanaTenun
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April 11, 2018, 02:44:00 PM
 #1061

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.

maybe it can be done in a country that has formalized bitcoin as the official currency but in my country direct transaction using bitcoin is still prohibited, for me bitcoin is a place for long term investment


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yohananaomi
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April 11, 2018, 03:07:20 PM
 #1062

Some of the most common use of bitcoin is to be used as an asset which people invest in order to make money from it in the long run.

agree with that, it is more and more often used that bitcoin for long-term investment because it is bitcoin very reliable, and indeed has been highly recognized as a profitable transaction. many have experienced even my own is one of them.

Moonbill
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April 11, 2018, 03:48:56 PM
 #1063

Of course, bitcoin is becoming more and more used to long-term investments, and because bitcoin is very reliable and really has been valued as a profitable deal. Bitcoin helps investors in the world get rich quicker by investing in bitcoin in the cryptocurrency market.
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April 11, 2018, 05:05:45 PM
 #1064

It's most commonly used for investment and trading altcoins, but it's also commonly used for the converting to fiat currency because many people out there are still relying on bitcoin as the right payment method.

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April 11, 2018, 05:09:45 PM
 #1065

Bitcoin can be used in trading,marketing and business transactions. It can also be used in exchange rate.
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April 11, 2018, 08:37:07 PM
 #1066

You may to using it for buying or selling cryptocoins, invest them to ICO, playing on gambling sites, use them for payments in signature camps and etc..
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April 11, 2018, 10:07:31 PM
 #1067

I do not believe that buying a ticket or pizza with bitcoin is important. Bitcoin is still developing, and it is too early to be just a currency. So he's just a great investment now.

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April 11, 2018, 10:16:38 PM
 #1068

All my friends who are engaged in bitcoin, use it as an investment. And basically it is a long-term retention. And I, too, find this the most profitable option earnings and use bitcoin.

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April 11, 2018, 11:34:29 PM
 #1069

I usually use my bitcoin when I need money to our expenses especially emergency needs of my family, I cash out some of my income here in bitcoin, I use my bitcoin to trade in other trading sites for me to earn more money.
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April 11, 2018, 11:39:18 PM
 #1070

We can use it to pay our monthly bills like electricity, water and even credit cards.  We can use it to pay our online transaction whenever we wanted. Such a nice and very convenient transaction for us.

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airdnasxela
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April 11, 2018, 11:44:14 PM
 #1071

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.

Well, if you are talking to importance,  bitcoin obviously is a source of money.  Difference of it to other sources of income is that you only need your smartphone and internet then you can earn money.  So that's an another importance or use of bitcoin,  to earn money without spending too much time of you that you can actually multitask it to your studying,  and etc. Another use of it is it is for investment.  There are actually many uses of it,  but that varies to the individual using it.
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April 11, 2018, 11:45:20 PM
 #1072

I usually use my bitcoin when I need money to our expenses especially emergency needs of my family, I cash out some of my income here in bitcoin, I use my bitcoin to trade in other trading sites for me to earn more money.
I think the most common uses of bitcoin is it can really use for investing, we all know that it is really great to invest on bitcoin because the value of it has a chance to pump really high in the future and bitcoin can also use for buying load, and some restaurant now is accepting bitcoin as payment.

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KingFisher9
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April 12, 2018, 04:20:53 AM
 #1073

Bitcoin is also a major platform used to invest in ICO project, its also a means of  savings for a secured future (it is called store of value)  .Bitcoin has a high return compare to Gold, and it can be used faster than gold.  You can use bitcoin as a means of exchange and also use it as a store of value.  It is also decentralized and it's not tired to any government. That's the main reason it's been used.
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April 12, 2018, 04:43:00 AM
 #1074

pay bills, Investing, and you can also join bounty campaigns in social media to gain bitcoin. just be responsible and it takes a lot of effort to gain bitcoins in good way.
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April 12, 2018, 04:55:43 AM
 #1075

I think that the main use of Bitcoins is to put them in a Nano Ledger or in a Trezor and wait. Or to use it to buy altcoins which then you sell higher to get more Bitcoins. Some people like also to use them to buy miners to produce Bitcoins themselves, but they usually lose money versus the choice of just keeping the Bitcoin in their Trezor.
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April 12, 2018, 10:07:16 AM
 #1076

For me bitcoin I just make it as a long-term investment, I never worry about the future of bitcoin, everything will improve especially now the japanese government and some other countries have legalized bitcoin.

Yes, Bitcoin is the coolest investment. I do not think that I will start spending my BTC for buying airplane tickets, buying automobiles, renting houses, and so on.
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April 12, 2018, 10:08:08 AM
 #1077

This is for Online transactions regularly use.
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April 12, 2018, 10:11:13 AM
 #1078

Bitcoin can be used for so much such as trading, investing, buying altcoins, gambling and also used to purchase things online ( buying and selling of goods).
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April 12, 2018, 10:15:39 AM
 #1079

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 already know the outline of the bitcoin. Bitcoin is generally as a means of online payment.
Khalp1
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April 12, 2018, 11:16:19 AM
 #1080

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 common used of bitcoin is for investing,trading,also purchase goods,and transact with anyone for anything.basically they same way to use fiat currencies.
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