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Topic: Real life usage of bitcoin - page 42. (Read 8971 times)

newbie
Activity: 8
Merit: 0
July 10, 2017, 03:37:57 PM
Real life usage is somewhat affected but not entirely


It's a big deal though if HUGE companies get involved though
full member
Activity: 243
Merit: 100
July 07, 2017, 09:53:28 AM
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.
its really surprising to see bitcoin as a currency using at a huge level many countries are there who accept bitcoin as a real currency and its market value is also very large that can give a good bright future to the investors .real life usage of bitcoin is that it can help you for shopping online goods you can buy on market price, you can buy indoor outdoor and even all domestic things through bitcoin .
I agree.There are really lot of things that can be purchased through bitcoin either online or not.I used bitcoin to pay my loans,bills and purchase our daily consumptions.I treated it like my monthly salary.I only had a blast everytime i received my salary.
Basically all the real usage of bitcoin is the same that we do to meet the needs of our lives.
What we achieve now and the future must always run well.
I am grateful to have known bitcoin for my work from the beginning of its paspasan now can increase income.
hero member
Activity: 2912
Merit: 613
July 07, 2017, 09:29:24 AM
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.
its really surprising to see bitcoin as a currency using at a huge level many countries are there who accept bitcoin as a real currency and its market value is also very large that can give a good bright future to the investors .real life usage of bitcoin is that it can help you for shopping online goods you can buy on market price, you can buy indoor outdoor and even all domestic things through bitcoin .
I agree.There are really lot of things that can be purchased through bitcoin either online or not.I used bitcoin to pay my loans,bills and purchase our daily consumptions.I treated it like my monthly salary.I only had a blast everytime i received my salary.
hero member
Activity: 2408
Merit: 584
July 07, 2017, 08:40:28 AM
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.
its really surprising to see bitcoin as a currency using at a huge level many countries are there who accept bitcoin as a real currency and its market value is also very large that can give a good bright future to the investors .real life usage of bitcoin is that it can help you for shopping online goods you can buy on market price, you can buy indoor outdoor and even all domestic things through bitcoin .
full member
Activity: 238
Merit: 100
July 06, 2017, 06:54:06 AM
Now a days bitcoin usage is very easy process to transfer the money and receiving  the money and this transactions not depend on the bank,no one went to bank.our work will become easy to every one.
legendary
Activity: 1442
Merit: 1008
July 06, 2017, 06:25:29 AM
I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.
even basically bitcoin are an online currency it's doesn't mean not fit to real life usage. but yeah for now i think the only thing you can use bitcoin in real life are to buy a cup of coffee as while waiting the transaction confirmed you will still be there. the other merchants might still required a lot of work, as double spend crime could happened when a merchant accept 0 confirmation, not really fit for now.
although bitcoin is an online currency, but i am sure that there are some countries where bitcoin can even use in local shops, local shops are already accepting bitcoin. and very soon this trend will become exceed and people will start using bitcoin in local shops also.
yeah we hope so , a lot of merchants still confused to deal with bitcoin confirmation time , it took too long time and causing some merchants discouraged to adopt bitcoin as one of their payment method, we need to change some rules for the better confirmation system . then a lot of merchants would gladly to accept and apply bitcoin as the payment processor.
legendary
Activity: 1092
Merit: 1000
July 06, 2017, 04:41:18 AM
There is no limitation in Bitcoin usage. People can use bitcoin always in real life, commercial life and business life. I used my bitcoins in big hotels and for online purchasing.
There is no limit for this bitcoin transaction that is why it becomes so popular in the digital world. And where you come from mate because you said you are using it in big hotels and online shopping. In my country, we don't have this facility to use bitcoins direct pay option in any 5 or 7 star hotels and online shoppings. Only bitcoin related products we can get it through bitcoin payment remaining things we must buy from fiat currency.
full member
Activity: 133
Merit: 100
July 06, 2017, 04:28:48 AM
There is no limitation in Bitcoin usage. People can use bitcoin always in real life, commercial life and business life. I used my bitcoins in big hotels and for online purchasing.
sr. member
Activity: 868
Merit: 289
July 06, 2017, 04:15:41 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.

I know what your trying to intend or to express about in bitcoin. As time goes by, as you can you can see the usage
of Bitcoin it is commonly used for sending money in the entire world, through remittances, aside from it people do bitcoin
for trading profit in the exchange market then people do bitcoin as their alternative replacement to their
source of income.
hero member
Activity: 2716
Merit: 904
July 06, 2017, 03:49:31 AM
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.
It is true that we can not use bitcoin for everyday transactions in everyday life. But you are right we can buy high value stuff from bitcoin, bitcoin is very useful.

Yes, bitcoin is very useful in digital exchange and trading transactions, but for me I would rather cash-out some of my bitcoin and spent paper money in real life in order to avoid hustle in every transaction we encounter.
sr. member
Activity: 602
Merit: 250
July 06, 2017, 02:25:09 AM
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.
It is true that we can not use bitcoin for everyday transactions in everyday life. But you are right we can buy high value stuff from bitcoin, bitcoin is very useful.
hero member
Activity: 812
Merit: 510
July 05, 2017, 08:19:43 PM
It has no real life usage bitcoin accepted here is just a useless sign and i don't know why people get over hyped when they see bitcoin is accepted at a particular place because even if we pay we simply have to pay a additional 2-3$ fees and wait for atleast an hour to confirm
legendary
Activity: 1120
Merit: 1000
July 05, 2017, 07:06:29 PM
No special conditions in usage of bitcoin, which is implemented for different purposes. Bitcoin technology is used for real life usage including shopping, gold purchasing, fun purpose or any. At present, most of the entrepreneurs used mostly in business purpose and commercial transaction purpose.
in fact is really still dfficult to use bitcoin in real life. although in some place people are also using it as in Brazil people are using bitcoin in some of their local shops, but still for few stuff and for majority of stuffs we use fiat currency.
sr. member
Activity: 329
Merit: 254
July 05, 2017, 06:13:21 PM
I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.
even basically bitcoin are an online currency it's doesn't mean not fit to real life usage. but yeah for now i think the only thing you can use bitcoin in real life are to buy a cup of coffee as while waiting the transaction confirmed you will still be there. the other merchants might still required a lot of work, as double spend crime could happened when a merchant accept 0 confirmation, not really fit for now.
although bitcoin is an online currency, but i am sure that there are some countries where bitcoin can even use in local shops, local shops are already accepting bitcoin. and very soon this trend will become exceed and people will start using bitcoin in local shops also.
sr. member
Activity: 322
Merit: 250
July 05, 2017, 10:13:03 AM
There are many real life usages of Bitcoin. Ultimately, the question we need to ask ourselves is what we would like to use it for?
Since Bitcoin has the overall ability to complete simple and fast payments, it makes it very easy and logical for companies to afford in such said technology and payment methods. These include companies such as Amazon, Microsoft and many more.... This usually tells us that Bitcoin is here to stay for a long time. Bitcoin can ultimately replace cash and wire transfers in any way possible. Usually, the majority of bitcoin purchases are made for online ordering such as amazon, and various other online-store purchases. If the user does not fully like the ideology or direct usage of bitcoin, they may choose to sell it for their desired currency and use that however they please.
I do not think that bitcoin will ever have ATMs, I mean, whats the point? The whole ideology of bitcoin is to have a decentralised form of currency that is kept secure in the cloud.
full member
Activity: 308
Merit: 100
July 05, 2017, 08:25:33 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.
So we all think thiat because of long time confirmations, Bitcoin can not be accepted as a payment method for daily payments but I think buyers and sellers will find a way out to solve that problem.
legendary
Activity: 1442
Merit: 1008
July 05, 2017, 06:56:25 AM
I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.
even basically bitcoin are an online currency it's doesn't mean not fit to real life usage. but yeah for now i think the only thing you can use bitcoin in real life are to buy a cup of coffee as while waiting the transaction confirmed you will still be there. the other merchants might still required a lot of work, as double spend crime could happened when a merchant accept 0 confirmation, not really fit for now.
sr. member
Activity: 252
Merit: 250
July 05, 2017, 06:27:29 AM
No special conditions in usage of bitcoin, which is implemented for different purposes. Bitcoin technology is used for real life usage including shopping, gold purchasing, fun purpose or any. At present, most of the entrepreneurs used mostly in business purpose and commercial transaction purpose.
hero member
Activity: 812
Merit: 509
June 19, 2017, 03:27:22 AM
I don’t think the real usage if bitcoin is in real life right now. Bitcoin is a online currency that people can send to each other for goods or services. It doesn’t matter if it has a long confirmation time, since there is usually no way to revert a transaction which makes the buyer and seller both feel secure. Business have never been easier to grow with bitcoin and it has never been easier to have an idea and then be able to nurture it and grow it with bitcoin. There are heaps of business that are growing due to Bitcoin: gambling, exchanges, online shops and payment processors. And dude, what are you thinking? Can you use gold to buy items in real life, no since gold is an investment option similar to bitcoin, except you can use bitcoin to buy online items. To me, I call bitcoin, “internet gold”.
sr. member
Activity: 378
Merit: 250
June 19, 2017, 12:18:12 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.
Well people who accept in their stores really depends on the vendor. For example, Japanese airlines have begun accepting Bitcoin. But only time will decide Bitcoin's fate. If Bitcoin rises in popularity and becomes used by many people, then vendors would have no choice but to accept Bitcoin. You could convert BTC to fiat by selling it on sites like localbitcoins, coinbase...etc Then you can use the fiat to buy everyday commodities.
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