Real life usage of bitcoin - page 25.

Bughah

newbie

Activity: 90

Merit: 0

Quote from: thegreatdodoy on July 01, 2018, 02:11:29 AM

Quote from: jeffytune on June 01, 2017, 05:18:35 PM

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.

For me i think bitcoin is the only digital currency that has many usage in real life it can be used as an investment and as payment in online stores and other establishment and which is most common in Japan.

In real life i trade first my bitcoin then the current value i save for the future and buy jewelry for the future purposes.

thegreatdodoy

newbie

Activity: 112

Merit: 0

Quote from: jeffytune on June 01, 2017, 05:18:35 PM

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.

For me i think bitcoin is the only digital currency that has many usage in real life it can be used as an investment and as payment in online stores and other establishment and which is most common in Japan.

PlusOne88

member

Activity: 420

Merit: 10

“Tackling Climate Change Using Blockchain”

The price blast you are talking about may just be the result of too many people following the hype. The actual usage should have to be the first thing to occur yet everything seems to be very silent. Only a few stores according to what I have heard supported bitcoin. There is not much usage to maintain its status. The increase was only due to many people holding it. And while others did not follow holding as well, investors pulled their coins off. So the result is a bearish market. Maybe if a number of stores will open for bitcoin or some other usage other than a store, it will regain its previous all time high and will even be surpassing it easily.

inv_ker

member

Activity: 144

Merit: 30

Quote from: jeffytune on June 01, 2017, 05:18:35 PM

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.

I think, since bitcoin has no physical body there is also no real life usage. What I mean is, it can help us indirectly that is why we need to convert it first before we can use.

Gab23

copper member

Activity: 58

Merit: 0

It could possible that the usage of bitcoin has high relation with the price of bitcoin as it means demand. However, the usage of bitcoin happens from holder of bitcoin. This means that the demand for bitcoin is just coninue of the demand of buying bitcoin which is equal to the usage demand of bitcoin as it rise from the holder

harrylucky67

newbie

Activity: 101

Merit: 0

ight Now Bitcoin is mostly used today as an investment . Bitcoin gives me freedom, through this I am earning a lot more money, Which may not be possible to work in a company. We are very fortunate to have btc.

nory51

newbie

Activity: 43

Merit: 0

there are many of uses for bitcoin in our everyday life, here in the Philippines, we can actually buy things, pay bills, government contribution using bitcoin directly, we can also pay tuition using bitcoin.

guardlum

newbie

Activity: 2

Merit: 0

Yes, it has to be used as a payment medium for it to survive forever. But this needs improvements like transfers should be instant.

Williamnak

newbie

Activity: 76

Merit: 0

Bitcoin is very helpful in our lives.some people can even exchange bitcoin with their local money.

Saraki Goo

newbie

Activity: 42

Merit: 0

I can still be sure that bitcoin more visible role in real life, such as to buy something in real life by using transactions using the internet. This is one of the new breakthroughs that will be able to compete with Fiat, good responses will be more seen on bitcoin.

mrsimons121

member

Activity: 182

Merit: 10

After knowing bitcoin I can buy valuable items, bitcoin is very useful if you know how to use it and many other things about bitcoin.

Angela28

newbie

Activity: 168

Merit: 0

What bitcoin is being used is useful? They are really good for us if there are many hotels and hotels accepting bitcoin or supermarket charges or bitcoin-paid fare is ours.

successful7

newbie

Activity: 14

Merit: 0

Its not at all like that. It doesn't make a difference if bitcoin affirmations are moderate for sure. When you send you bitcoins you can not by any means return the installment so the purchaser is guaranteed that he will get his cash. Additionally, you can arrange charges and request that purchaser pay half and you will pay a large portion of that way affirmation would be quicker. It isn't important to have bitcoin as method of installment. You can without much of a stretch swap your bitcoins as USD or whatever your neighborhood money is with the assistance of exchangers and after that compensation to purchaser. For what reason to confine one self by simply adhering to bitcoins. You can continue winning riches also and continue spending at a similar rate and it gives all of you the flexibility you need.u

CurtisEvans

newbie

Activity: 82

Merit: 0

In some countries, you can now use bitcoin to pay for tuition fees, buy grocery items, gadgets and more. You can use you Bitcoin just as your regular VISA card in your real life.

adjong

member

Activity: 322

Merit: 10

for me you can now use bitcoin to pay for tuition fees, buy grocery items, gadgets and more. You can also use this to pay your bills instantly.It is more suitable as an investment product. Its value is volatile. As a currency, it needs a stable price as a reference to better become a medium for trading.bitcoin to be utilized as a means of payment however,the role of government is needed to provide a sense of security for someone if you want to invest in bitcoin.

godrey123

member

Activity: 188

Merit: 10

there are alot of uses for bitcoin in our everyday life, here in the phillipines, we can actually buy things, pay bills, government contribution using bitcoin directly, we can also pay tuition using bitcoin, It is a great advantage for us that we have these kind of opportunity

HugoHeasia

newbie

Activity: 55

Merit: 0

There is no limitation in Bitcoin usage. People can use bitcoin always in real life, commercial life and business life. I had a few times trade out my bitcoin out some remmitances in my nation and everything ended up less demanding and useful on the grounds that no compelling reason to affirm when it was paid.

KingOfWinterfell01

full member

Activity: 504

Merit: 100

Quote from: jeffytune on June 01, 2017, 05:18:35 PM

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.

As of now, it is a decentralized storage of money that can be transfered all over the world without the need of a middleman to somehow get money off of it. Right now, bitcoins have a lot more development to go through but I guess it is high time to help it develop by investing in companies that offer bitcoins as an alternative.

avoxosuccesful

jr. member

Activity: 252

Merit: 3

i don't think confirmation is that long cause You change over it to fiat at that point purchase your necessities and furthermore your needs. Some make their living in Bitcoin and win it to nourish their family and get some extravagance on the off chance that they need to. The Bitcoin the way things are as the major and lord of all cryptographic forms of money encounters blockage in blockchain that backs off the exchanges will soon be settled.

nicko122

jr. member

Activity: 462

Merit: 1

There is no many ATM's with bitcoin, but their use is not limited and they are more convenient than ordinary money. I think in the future, crypto-currencies will enter our everyday life and we will use them much more often.

Topic: Real life usage of bitcoin - page 25. (Read 8999 times)