In what way bitcoin gets increased usage?

[salty]

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

I think all of the ways you use bitcoin will be in demand after the widespread spread of cryptocurrencies.But most of all probably as an alternative payment.

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[swiftbits]

Bitcoin gets popularity from its benefits, mostly because of its monetary value and you can earn from it as well, Investment is a very common representation of Bitcoin to common people, the increase of bitcoin value if such a good promotion. If it will increase in usage, it's possible that it came from an increase of transactions, investors, and traders.

[jostorres]

Bitcoin increasingly growing in all fields. But i would better think that "investment" is in higher usage of it. And yeah gambling because it is the main coin so it is often times used in gambling. Otherwise we can't also deny that it is widely used in darkwebs because of anonymous transactions given by btc. The crypto market is progressing, whether it can br use in different fields but the main goal is to widely spread the mass adoption.

You are right, the ratio is still very low, and all we just need is the exposure, we still need many things that will expose those other people out there to the technology of cryptocurrency and that is exactly what most of these altcoins were built for.

Every altcoin you see in the market represents a company, and all these companies have their market target, which they were supposed to attract with their real use case, but most of these altcoins that are meant to perform this function are typical failure and we see us waiting for regulation to bring these aware to those people, meanwhile, it was supposed to the through our activities and activities of those altcoins projects.

But, we all believe that as we progress in this little way, we will eventually reach out to the whole world.

[Yamifoud]

Bitcoin gets popularity from its benefits, mostly because of its monetary value and you can earn from it as well, Investment is a very common representation of Bitcoin to common people, the increase of bitcoin value if such a good promotion. If it will increase in usage, it's possible that it came from an increase of transactions, investors, and traders.

It gets into the point that the demand will high and makes prices also be high. But it isn't just stop over there, placing into the main reason for its creation is to be used as currency and it is only realized when small and big establishments accept this as another form of currency. And from that, we can expect there is a huge growth in usage.

[minersday]

Bitcoin can only increase its usage when people come to realize the true purpose behind the creation of Bitcoin and how relevant it is in terms of how it can be easily sent or received at any part of the world you find yourself.  People just need to understand what bitcoin is and the main idea behind this crypto coin before its usage can be increased...

[1Referee]

Every altcoin you see in the market represents a company, and all these companies have their market target, which they were supposed to attract with their real use case, but most of these altcoins that are meant to perform this function are typical failure

Every altcoin represents a company? Definitely not. A lot of the altcoins are set up by scammers, and then we have those that are set up by either some nerds or hobbyists. After that there are a bunch of tokens that do actually represent a company, but even that has no real meaning with how they have turned out to fail and/or scam people just as hard.

Eventually we might go in that direction if security tokens become a thing as people initially hyped them up to be, but that doesn't really have much to do with crypto anymore with how security tokens resemble to stocks more than crypto currencies.

The purpose of altcoins has always been to function as speculative investment, which helps keeping a lot of Bitcoins out of direct circulation. In that sense they are doing their job exceptionally well. Mission completed. Ask most altcoin traders what their goal is, you'll find out that it is to stack satoshis.

[dimastegar]

From my point of view, the use of Bitcoin is increasing because of the increasing number of users. And one of the most obvious reasons. And of course they come to trade and invest in Bitcoin. And the growth of this usage will continue.

[retnocintaku]

Increasing the use of Bitcoin there are many ways. I think we can sample the country of Japan, that Bitcoin in this country is already regulated by the government. So to develop certainly very easy, such as:

1) Bitcoin is used as a means of payment
2) Many large stores that provide payment via crypto.

So that crypto users are given the ease to develop their assets. The Japanese Government, of course, will benefit from the taxes generated from crypto.

[barbara44]

Increasing the use of Bitcoin there are many ways. I think we can sample the country of Japan, that Bitcoin in this country is already regulated by the government. So to develop certainly very easy, such as:

1) Bitcoin is used as a means of payment
2) Many large stores that provide payment via crypto.

So that crypto users are given the ease to develop their assets. The Japanese Government, of course, will benefit from the taxes generated from crypto.

That is right, and we just need to understand that it is a gradual process, another country we can see that has fully supported cryptocurrency is Switzerland also, and they have regulated it in such a way that even their banks are not scared of crypto any longer which is why they could be giving license by their financial regulator to run cryptocurrency related activities legally.

I think this is why some of those countries like china and us are also beginning to calm down, as they have seen that solid nations like Japan and Switzerland has implemented it and has recorded some improvement on the growth of their economy through it.

Hence, this is how adoption will continue to grow and usage also will continue for bitcoin till the whole world gets accustomed to it.

[boris2470]

All of these methods help Bitcoin to increase its usage. However, the options end there. But what makes Bitcoin valuable will have much more use cases, and it is called Blockchain.

[Bugatti73]

If bitcoin will grow up like in 2017 one more time, that means people will invest in it more funds in future.

[Zionatin]

I said trading asset. I am glad to see so many people say alternative payment method. Then investment than trading asset. Darkweb uses votes at 11% which I do not understand since it is mostly clueless people who do not know better who think crypto is only used on the darkweb.

[Miklight88]

The value of every crypto increase base on the fact that bull is coming and adoption is getting stronger , every one want to be part of the so called digital currency with a store of value and getting a good idea of future advantage.

The demand and supply market mainly determine the out come of the price with a very strong hype when ever there is grey news.

[ralle14]

I said trading asset. I am glad to see so many people say alternative payment method. Then investment than trading asset. Darkweb uses votes at 11% which I do not understand since it is mostly clueless people who do not know better who think crypto is only used on the darkweb.

The vote results from the poll doesn't mean anything because others can simplly vote for what they like(as said from the OP) rather than the obvious or most common answer. Also a lot of replies said all of the above.   

If bitcoin will grow up like in 2017 one more time, that means people will invest in it more funds in future.

Once it spikes up again it will also correct eventually which is the bad part when there's a big price change.

[Onuohakk]

Being honest and sincere, we still have a long way to go, we need to convince governments to agree to regulate this market, but as long as they are advantageous bitcoin regulations. we need to use bitcoin as a means of payment all over the world, imagine we can buy bread, chin or whatever food they sell in supermarkets using bitcoin, that will be a big win. We cannot be relaxed and think that all is well, because the truth is that it is not well yet. Many countries in the world only allow people to use bitcoin, they have not yet created bitcoin laws, we are still far from seeing all countries in the world accepting bitcoin as a means of payment.

We shouldn't involve the government to regulate the market price for us cos they would like to manipulate it. Remember ``bitcoin shouldn't be controlled by any by any government. Our dream focus is for bitcoin to be accepted globally

[suhadi88]

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

Perhaps what has been done in some countries uses Bitcoin as an alternative to payment. In developed countries such as Japan, some stores already provide tools for payment using Bitcoin. The Bitcoin system is so unique that people will be interested to keep expanding it. Japan is well known to the country has intelligent technology.

Gambling is also very interesting to develop Bitcoin because in some countries gambling is also confirmed. So earning from gambling also contributes big to the country. If Bitcoin is used for such investments, of course it will also increase revenue for the country.

[Bugatti73]

The value of every crypto increase base on the fact that bull is coming and adoption is getting stronger , every one want to be part of the so called digital currency with a store of value and getting a good idea of future advantage.

The demand and supply market mainly determine the out come of the price with a very strong hype when ever there is grey news.

The problem is that bulls are not coming, it’s just a decision of some part of people who manipulate market without volume.

[rtm125]

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

[Bugatti73]

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

It’s good when people want to earn money with all their might begin to popularize and advertise this currency.

[Japinat]

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

It’s good when people want to earn money with all their might begin to popularize and advertise this currency.

When majority of the people are just here buying btc to invest, I'm afraid we would not see a massive adoption in the future.
People needs to understand that why people are investing now is because they are seeing the potential of bitcoin as a mainstream currency, therefore the success of our investment solely depends on the adoption that people will be able to use bitcoin as normal currency in their daily living.