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Author Topic: What are the most common uses of Bitcoin?  (Read 8438 times)
samantadegrenet
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April 15, 2018, 09:15:26 PM
 #1141

I think bitcoin is not yet a real alternative to fiat in commercial transactions. It is mainly used in cryptocurrency trading and as an investment tool.
alamin09
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April 15, 2018, 09:18:22 PM
 #1142

Good day Sir,
I am with you towards all those things.
It can also do something. Like, you can increase your money, by accurate investment.
You also can do 'mining' you bitcoin.
It can change our future if we invest properly in her. Another one is I can exchange anytime. I can also buy and sell anytime without any problem. Moreover, this is safe and secure. And there are many ordinal things.
1jaffa1
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April 15, 2018, 09:19:06 PM
 #1143

Many people use bitcoin for their every financial transaction (utilities and other expense) in daily life. But the main purpose of the bitcoin is to provide instant investment for their customers without paper works.
Many people use bitcoin as alternative source of investment which you have a right to do necessary actions base on the given data.
vergel24official
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April 15, 2018, 09:47:13 PM
 #1144

its becoming more available to use on mainstream things, just look up the list of companies that accept Bitcoin, its quite long.  It would have been more accurate to say Bitcoin is the most common currency on the black market (In first world countries), not that Bitcoin is mostly used on the black market.
gtx1060aa
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April 15, 2018, 09:47:20 PM
 #1145

Today as of this moment, bitcoin has provide its purpose of what is stated in its whitepaper, peer to peer transfer of money without any third party engaged with. In connection with this, at some point also, its real purpose has been dominated by the perspective of human beings as Bitcoin to be an investment.
Selbit
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April 15, 2018, 09:55:36 PM
 #1146

Today the most common use of the Bitcoin the peer to peer transaction without involving another party.
chalbinov
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April 16, 2018, 11:01:56 AM
 #1147

Here is a list of the major retailers that accept BTC as a form of payment: overstock.com for just about everything, expedia and cheapair for travel, egifter and gyft for gift cards, newegg for electronics, shopify for items from shopify merchants, dish network for satellite service, pizzaforcoins for online pizza ordering from the major franchises of pizzahut, dominoes, and papa johns, Microsoft for credit in your account to buy, and Reeds for jewelry. Just recently I’ve been witnessing small vendors in flea market and exhibitions starting to accept them.  The more and more companies and individuals start to bring life and value to BTC, the more it will grow.

ilonamihaly
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April 16, 2018, 11:21:13 AM
 #1148

You already know most of the uses...You can also use it to buy different coins like altcoins,litecoins and the most common one is trading with bitcoins.
Kikir leutik
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April 16, 2018, 11:32:47 AM
 #1149

Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without central or intermediary authority. Bitcoin as an investment tool There are many businesses and individuals who use Bitcoin. Includes physical businesses in the real world like restaurants, apartments, law firms, as well as popular online services such as Namecheap, WordPress, Reddit, and Flattr.
wilsonwilly1
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April 16, 2018, 11:38:45 AM
 #1150

People are already paying with Bitcoins for a lot of services especially in IM field.
Liusdaomiless
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April 16, 2018, 11:39:56 AM
 #1151

Between the negotiations with the bitcoin you can include the purchase of real estate, a soccer team in Europe has already made transactions of signing through Bitcoins and web platforms you can buy absolutely what you want because it is being used as a payment method.
Aufar
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April 16, 2018, 12:45:46 PM
 #1152

Bitcoin as an investment tool there are many businesses and individuals who use Bitcoin, such as restaurants, apartments, law firms, as well as popular online services such as Namecheap, WordPress, Reddit, and Flattr.

Many people use Bitcoin as an alternative source.

Bitcoin as a currency that really provides comfort and convenience for its users.

Bitcoin will continue to grow over time. Bitcoin's potential is not just this, we are still waiting until the best moment.
odakorlina
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April 16, 2018, 01:19:48 PM
 #1153

A virtual currency in this technological digital age bitcoin uses to purchase online, because of its good value it offers security and guaranteed return they use it to trade and invest.
Heartseed
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April 16, 2018, 01:28:16 PM
 #1154

In overall, Bitcoin is used in money transactions. you can earn money from it, invest it, buy things from it, sell things for it, trade it and many more. It is the purpose of the bitcoin is to be a middleman or should i say middle thing between two person through internet. That is the most common use of bitcoin. I think the main purpose of bitcoin is for Investment Tool in the internet things. Since most of the business use bitcoin as an investment and other sites that uses bitcoins for financial means of it. so all in all, bitcoin is for Financial things of the internet.
isaackuno
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April 16, 2018, 01:33:52 PM
 #1155

Thank you for this thread me too are wondering if what is the other usage of bitcoin as ive read the comments i gain some knowledge.. Hoping for more enlightenment on bitcoin and other cryptos! More powers and Godbless!
Kuchiyose
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April 16, 2018, 01:38:20 PM
 #1156

Thank you for this thread me too are wondering if what is the other usage of bitcoin as ive read the comments i gain some knowledge.. Hoping for more enlightenment on bitcoin and other cryptos! More powers and Godbless!

This is a great place to find out what Bitcoin's most important uses are here. you can read more here.
luis dvmd94
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April 17, 2018, 02:56:53 PM
 #1157

Lot of new people are buying bitcoin and don't understand the intrinsic value it brings. The limited supply and removing the third party aka bank from any transaction is a fundamental win win for us the people.
Elviragreg
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April 17, 2018, 03:02:21 PM
 #1158

In my country the common uses of bitcoin is to use in buying cellular load, paying electricity bill, water bill and buying stuff to some supported convenience  store nation wide.
Andika23
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April 17, 2018, 03:31:01 PM
 #1159

I personally see that Bitcoin is more valuable than money for bitcoin owners, who mostly keep their bitcoins as assets or investments, not as media transactions to buy or spend. This trend is triggered by the tendency of bitcoin values ​​to skyrocket and now many of its devotees
Kingjagat
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April 17, 2018, 03:43:08 PM
 #1160

You can buy Bentley or KFC and BurgerKinf food in some countries


I think major barrier to bitcoin is time confirmation. that's why ETH used as a processor transaction more than bitcoin because of the transaction instant close. previous imagine that bitcoin will be the currency itself and will be used to purchase online and offline. but this time bitcoin more used as an investment for future potential very large. also plenty of traders around, it is also used as the assets of speculative to trade.
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