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Topic: Real life usage of bitcoin - page 12. (Read 8979 times)

full member
Activity: 588
Merit: 100
July 15, 2018, 04:22:38 AM
In my country part of Asia that accept Bitcoin payment is only in one city and that is commercial hotel, I think Bitcoin to get into real life completely will be difficult if transactions that we do in black market and even then only happen in online shoping only. Bitcoin completely still not legalized by the country in the world but its presence is still full of questions because it can still be an asset whose exchange value is not significant
member
Activity: 144
Merit: 15
July 15, 2018, 04:20:53 AM
I concur that in a large portion of the nations there is yet no foundation produced for the normal use of bitcoin however it doesn't imply that bitcoin is futile. We are still in the beta stage and we presently can't seem to achieve developments. Bear in mind the speed of the web in the initial couple of long periods of its development and when you contrast it and that of the present web what do you discover? Same about computerized stockpiling, registering force thus numerous creations out there. Things set aside the opportunity to create and the individuals who have confidence in it are collecting it with the end goal of benefits, nothing amiss with it.
member
Activity: 336
Merit: 10
July 15, 2018, 04:12:47 AM
Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.
Now may be most of online  shopping sites started accepting bitcoins,Some people are trading it which is the main thing it is used for...Even it is kept as an asset for long term investment....and one more purpose it is used is that by the drug peddlars,gun sellers(illegally) as bitcoins are totally almost anonymous so they are using bitcoin as their currency which is the reason that normal people are fearing to use bitocoins.
sr. member
Activity: 630
Merit: 250
July 15, 2018, 04:05:52 AM
Transferring Bitcoin to regular fiat is the most manageable method right now since people don't like to wait hours or days just for one confirmation.

bitcoin is a conductor of a Fiat in altcions and back. bitcoin the main unit of the creep is for investment. transfers can now be made cheaper by other crypto currencies.
full member
Activity: 294
Merit: 100
July 14, 2018, 11:11:19 PM
Bitcoin was created as very convenient, easiest and fastest payment system and monetary system. It is also used as investment, trading and doing some transactions or purchasing goods "buy and sell". But this is not the only use of bitcoin it also brings opportunities who wants to find alternative job by using only your phones and internet. It is also a good source of income to pay all the bills and expenses, wants and our primary needs.
newbie
Activity: 238
Merit: 0
July 14, 2018, 02:19:56 PM
Bitcoin real life usage is buying items online, trading and investing. These are my usage of bitcoin were could really helps me in my daily life and gives extra income.

I'm wondering what extra income is bitcoin giving you. I believe you might be earning something from bounty, but that's not bitcoin that is earning you money, it's different altcoins
member
Activity: 97
Merit: 10
July 14, 2018, 02:15:44 PM
Many people will receive the payment with bitcoin at the store so we do not have to worry if the confirmation time is still long because it will also be sent but so we do not have to worry
full member
Activity: 318
Merit: 100
July 14, 2018, 02:09:05 PM
Now even developed countries do not accept bitcoin as a means of payment for goods and I am not sure that this situation will change in the near future.
full member
Activity: 476
Merit: 100
July 14, 2018, 01:51:05 PM
until now I played in bitcoin very grateful to have added the contents of my wallet even though only make a daily need to buy a cigarette.
member
Activity: 155
Merit: 10
July 14, 2018, 11:48:19 AM
There are a lot of ways in that you can easily use bitcoin for a real lifecase, there are no ways to discuss it but you can easily discover it from your own side, it is not something difficult to do. Or just buy a bitcoin prepaid  card, it will be good
member
Activity: 504
Merit: 10
July 14, 2018, 11:46:17 AM

Bitcoin is a great help in our lives because many people are also given the job of bitcoin
 because there are so many ways to earn a bitcoin because my income is great for bitcoin trading.
newbie
Activity: 168
Merit: 0
July 14, 2018, 11:37:10 AM
Transferring Bitcoin to regular fiat is the most manageable method right now since people don't like to wait hours or days just for one confirmation.
member
Activity: 224
Merit: 10
July 14, 2018, 11:35:37 AM
I think that bitcoin today is just for investment but still you can use it to buy in a store that is accepting bitcoin but not really in all store because I guess bitcoin is still in the process of adopting))
full member
Activity: 378
Merit: 100
When Football meets Crypto
July 14, 2018, 11:06:01 AM
Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.

Bitcoins is a digital currency just like the same as credit cards and it can be used to purchase on any online store that is accepting a cryptocurrency payment method.
member
Activity: 256
Merit: 36
July 14, 2018, 10:42:01 AM
Don't you think price blast not correlate with its real life usage since its inception?

Its hoarded for speculative purpose but how many major cities in the world have even its ATM?

I mean we all the time correlate its value with fiat currency then buy/take then what's its purpose in my day to day life?

Who will accept it in store when confirmation time is so long.





There are so many real life usage of bitcoin just like you can buy the things that you want by using it. Just like what other said I am also the one who paid our bills and I can help now my family to buy the things that they need and want.
newbie
Activity: 154
Merit: 0
July 14, 2018, 10:34:08 AM
bitcoin is very suited for internet shopping, where you don't need 1 second confirmations, if you pay the correct fee 10 minute confirmations is very fast for any shopping done online
full member
Activity: 1218
Merit: 105
July 14, 2018, 10:31:02 AM
Bitcoin is widely used today as an investment that will generate great returns and provide many opportunities for people to earn a good income. In my daily life is very useful, it can be used as payment in several sectors.
Yeah it is used as an investment these days rather than its real objective "to simplify our payment system and used as a currency" I don't know if in the future Bitcoin and other crypto currencies will surpass its usage as an asset to a currency.  Smiley

Used it to pay for bills and pay for some debt also because there are times when I can borrow money and my friend is also into cryptocurrencies so he also accept bitcoin as payment. I am also saving some for long term investment but there are times when I will be short of cash so I need to convert some coins. I can still get it back though through trading and from the bounties in this forum so I am very thankful that I found a source of income that has flexible time.

Just like mine, I used it too for bill payments. Cheesy Bitcoin is really amazing and its technology is one of the best, Imagine a currency without a central bank or a government that controls it that gives freedom to every people that use or have it. But these days Bitcoin is more than an asset than a currency because of its very volatile nature that many establishments or stores, etc. won't accept it as a means of payment.  Smiley
jr. member
Activity: 168
Merit: 2
July 14, 2018, 09:57:20 AM
Bitcoin real life usage is buying items online, trading and investing. These are my usage of bitcoin were could really helps me in my daily life and gives extra income.
full member
Activity: 560
Merit: 100
July 14, 2018, 09:51:14 AM
Indeed the use of bitcoin in real life is less maximal. The number of bitcoin is still limited, ATM is only available in certain countries, and most people who are less familiar with bitcoin become an obstacle to bitcoin growing used actively in real life. Indeed the time of bitcoin confirmation used to be long but now bitcoin has done the repair with faster confirmation time and cheaper transaction cost. But, that has not covered all the weaknesses of bitcoin. Bitcoin should continue to make improvements and more innovative again. Furthermore, the highly fluctuating bitcoin price tends to make bitcoin not maximally used as a transactional tool in the real world.
newbie
Activity: 51
Merit: 0
July 14, 2018, 09:39:27 AM
For me, my objective of procuring bitcoin is to reestablish the lifestyle so as not to be excessively poor and, making it impossible to have the capacity to adapt to regular day to day existence. Moreover, I utilize the outcomes got through bitcoin to help the individuals who are hard. I additionally keep a touch of bitcoin for use amid crisis case with the goal that we could recoup each misery discover somebody who can help.
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