Topic: Real life usage of bitcoin - page 37. (Read 8999 times)
If for the long term possible for 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.
Real life usage of bitcoin for me is my extra income, it's like my monthly salary because I hold it for long time and cash-out when the time is right and I have to buy something.
I always think that bitcoin is not suitable as a currency. 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.
In some countries, you can now use bitcoin to pay for tuition fees, buy grocery items, gadgets and more. You can also use this to pay you bills instantly. Most online shops available arenalso accepting bitcoons as payments.
Yeah it take's time for the confirmation but the point is you can still use bitcoin if you dont have cast. If the bitcoin is known all around the world and all the people it can became our transaction everywhere but still it takes long long time if that happen. Bitcoin is still very useful.
I've use bitcoin to buy computers, gold, silver, and various collectibles on this forum. It is very useful if you know how to spend it.
yes with bitcoin can be used for anything this is very beanfaat and help in many things and can realize our dream with the help of bitcoin
If you give this some thought, it can be used as a popular payment medium. But currently, people are just concerned about multiplying their money by investing in it.
Bitcoin can be used to pay for online shopping , like wise it is used for a lot exchanging medium. If not because of its instability some countries might have confirmed it as part of their currency
The real use of bitcoin is that you can buy a lot of things you need to care for bitcoin because I'm lucky because I have a BTC so far it will help me
They add a little gold for a more stronger foundation of some items like the diamonds. The same is the usage of btc but in the cryptoworld.
One thing we should know is that Bitcoin is still young and many countries and shops are yet to understand its concept and the benefits it can provide our society in terms of enhanced payment method. As Bitcoin grows in concept, more developments will fit in and increase the transaction fees to a more convenient one that even shops can adopt as "pay as you go" service.
Its hoarded for speculative purpose but how many major cities in the world have even its ATM?
I hope that in a couple of years BTC will be more stable that would lead to its acceptance as a reliable method of payment.
what's its purpose in my day to day life?
Who will accept it in store when confirmation time is so long.
Bitcoin has no real value to me unless you can buy a cup of coffee in the nearest store using BTC wallet or something like that.
Investment, Payment, storing for profit, buying and selling and many more is its its usage. Real life usage! BTC is crypto currency. People is accepting this. Time will needed to make it more popular. Think of fiat money it also don't become popular in one night. Yea, some industries are now accepting bitcoin. One day it will take place beside fiat money, I do believe so.
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 the moment in my country for real activity with direct bitcoin can not be done because the government still prohibits using bitcoin directly as a means of payment or direct transaction with bitcoin 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.
in real life bitcoin usage is very much you can use bitcoin to buy whatever you want and you also can pay what you want to buy. some people can even exchange bitcoin with their local money.
Perhaps last year this time Bitcoin wasn't seen as a potential payment for services but due to the quick confirmation times and smallest of fees now, one can imagine the Bitcoin network being used for its original purpose. That purpose has been closer to fruition due to Lightning Network becoming more established and as of last week they now have $150,000 on the network. Slowly that will increase until one day two years from now, anybody who wants to use it and has no technical understanding can. And surely that will be the start to something great, as we will begin seeing micro transactions everyday in our society! 
Bitcoin is very helpful in our lives. Bitcoin is first online currency. It may use in every sector. So that it is used to get our salary.Morever we could pay any bill. 
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.
Bitcoin is really valuable thing in the real life. Although it is a virtual currency but it helps us like real currency. Anyone can access it anywhere anytime with the help of Internet. Bitcoin mainly solve the money transaction related problem. Many user of Bitcoin mainly use bitcoin for this money transaction thing. Bitcoin change low transaction fee and also provide fast processing with secure online transactions. Many user of it use it for online shopping because many online retailer use Bitcoin as trading tool. In this time people use Bitcoin for booking of flights, hotels, for monthly rents, EMIs etc. 
Right 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
It can be used to buy or sell items from people and companies that accept bitcoin as payment, but it differs in several key ways from traditional currencies
many opportunities that we can produce with Bitcoin. With the Bitcoin then our chances to earn more will be more. Bitcoin simplify the life we have, the various financial transactions we can do. In addition, many investments that can follow. overall that Bitcoin has helped a lot of people's lives. I consider this a miracle. It can be used to buy or sell items from people and companies that accept bitcoin as payment, but it differs in several key ways from traditional currencies
For example, you use the stock market when you want to do something. And everyone does this in general. If real life happens, maybe it is not used very much, but if you know how to do it, you can trade for every coin.
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