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Topic: Real life usage of bitcoin - page 44. (Read 8971 times)

sr. member
Activity: 1540
Merit: 420
www.Artemis.co
June 09, 2017, 02:09:34 PM
Bitcoin can be as fast as fiat in the near future, Slow confirmation and congestion on blockchain are one of the few challenges that bitcoin ecosystem is facing nowadays. But there's a lot brain out their that can solve such as this tickling problem.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 09, 2017, 01:58:28 PM
Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me.
Bitcoin is popular but I don’t think it is as popular as paypal, also most of the fame of bitcoin comes from being a tremendous investment and not because bitcoin is being used as a currency, so I think bitcoin still  has lot of way to go if we want to take a considerable amount of the market share of paypal in the near future.
legendary
Activity: 1386
Merit: 1058
June 09, 2017, 04:22:32 AM
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.

Been using my bitcoin to buy things and pays it through online payments. It is ver handy and convenient to use. it can be used like a normal currency money. I've been wanting and planning to invest it i some tradings but still studying the processes of it. And doing some hoarding of course. I always took the chance to convert bitcoin to my currency when it has a high value and hoards it.
For online payments the bitcoin is the best medium to pay as it is already a recognized for the payments. If I have bitcoin in my account it is more convenient for me to pay it. I have no problem in paying the bitcoin for my online payments. I must appreciate those people in this regard who want to pay their bills and shopping online with the bitcoin. I am also pleased to say that in my country the mobile balance recharge service has started with the bitcoin which is one good example where I am using bitcoins in real time.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 08, 2017, 01:04:35 PM
Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself.
I found this one somewhat wrong. For me, buying bitcoin and using it for trading is a usage of bitcoin itself. And if you haven't heard of, there are now online stores accepting bitcoin as payment. There are also restaurants accepting bitcoin as mode of payment http://bitcoinrestaurants.net/ . Bitcoin is also being used for paying those who are in signature campaign or in any bitcoin related jobs. You just need to explore it more to discover more about it.
Even if you just buy bitcoin and then hold, you are using bitcoin, as long as you are in bitcoin you are using bitcoin even if you don’t use it the way you will use a normal currency and pay your bills, groceries or some other items with it ,after all most people in the bitcoin community are in it for the chance the price skyrockets and the previous months have been proof that strategy works very well.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
June 07, 2017, 10:31:53 AM
Definitely,long confirmation time would make merchants to not promote bitcoin acceptance.In japan,bitcoin usage for day to day needs have come true.Let us hope some solution would be found to fix this issue.

What's the difference in Japan?
Are confirmation times faster there?


Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me.
Indeed, as bitcoin became popular you could now convert and withdraw via banks with ease. Here in my country there's a wallet called "coins.ph" where you could use your bitcoin to pay your daily expenses such as electric bill and internet. You could also use this wallet to withdraw  your campaign. So that I'm glad that we have this kind of wallet

Just how stupid is this?
You loath banks yet you use a damn copycat.

Coins.ph acts like a bank and people are cheering

God help me, I think the entire world is going crazy or at least this forum does
sr. member
Activity: 1274
Merit: 293
June 07, 2017, 10:22:24 AM
Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me.
Indeed, as bitcoin became popular you could now convert and withdraw via banks with ease. Here in my country there's a wallet called "coins.ph" where you could use your bitcoin to pay your daily expenses such as electric bill and internet. You could also use this wallet to withdraw  your campaign. So that I'm glad that we have this kind of wallet
sr. member
Activity: 910
Merit: 252
June 07, 2017, 10:13:38 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 dint do the real time usage and most of my country people also. As there are lots of people mentioned people are collecting bitcoin for future like collecting some precious thing including me . I am trying to buy some things from online market where bitcoin is accepted i didn't find any reliable source till now . Lots of bitcoin community in my country we use wallet where we can exchange bitcoin for local currency . Even we dint dream to get bitcoin atm if it happens we will be the happiest persons in the world .
hero member
Activity: 686
Merit: 500
June 07, 2017, 02:53:13 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.
Definitely,long confirmation time would make merchants to not promote bitcoin acceptance.In japan,bitcoin usage for day to day needs have come true.Let us hope some solution would be found to fix this issue.
sr. member
Activity: 406
Merit: 250
June 06, 2017, 10:46:53 PM
Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me.
Like me, i always pay big transaction fee every time i withdraw my bitcoin because i want to make my bitcoin to be a fiat quickly since i earn bitcoin for free, i just earn in signature campaign and it is good enough earning for me.
My actual bitcoin usage is buying a load and paying my bills other than that i do exchange it into fiat to spend in other things.
sr. member
Activity: 1162
Merit: 268
50% bonus on your First Topup
June 06, 2017, 10:22:25 PM
#99
Bitcoin is really famous like now same as paypal. So there are so many things to use for bitcoin like exchanging bitcoin to paypal or just go buy online, Or just withdraw it to the bank, (depends on the wallet you use) For me, I don't care about those big transactions as long as I earn my bitcoin for free, Its all good to me.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
June 06, 2017, 09:49:23 PM
#98
Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself.
I found this one somewhat wrong. For me, buying bitcoin and using it for trading is a usage of bitcoin itself. And if you haven't heard of, there are now online stores accepting bitcoin as payment. There are also restaurants accepting bitcoin as mode of payment http://bitcoinrestaurants.net/ . Bitcoin is also being used for paying those who are in signature campaign or in any bitcoin related jobs. You just need to explore it more to discover more about it.

Yes these is right, more establishment and online job now are accepting bitcoin as mode of payment.
Fiat value is not high to rise than bitcoin so people do change or convert there fiat to bitcoin in order to invest digital currency that is easily to trade with other coin with a highest value and it can be double your fiat in short time.
More online job service providers have started to pay in terms of bitcoin. In the past fiverr served to be an trusted platform for freelance​workers get paid in bitcoin. It stopped the service for some purpose. Something similar to that once again initiating the service will make it more popular and reach more users.
hero member
Activity: 2716
Merit: 904
June 06, 2017, 09:44:35 PM
#97
Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself.
I found this one somewhat wrong. For me, buying bitcoin and using it for trading is a usage of bitcoin itself. And if you haven't heard of, there are now online stores accepting bitcoin as payment. There are also restaurants accepting bitcoin as mode of payment http://bitcoinrestaurants.net/ . Bitcoin is also being used for paying those who are in signature campaign or in any bitcoin related jobs. You just need to explore it more to discover more about it.

Yes these is right, more establishment and online job now are accepting bitcoin as mode of payment.
Fiat value is not high to rise than bitcoin so people do change or convert there fiat to bitcoin in order to invest digital currency that is easily to trade with other coin with a highest value and it can be double your fiat in short time.
sr. member
Activity: 423
Merit: 250
June 06, 2017, 08:21:39 PM
#96
Well all usages told here has nothing to do with bitcoin as itself being used in real life but instead CONVERTED to fiat for transaction. In reality fiat value is working not bitcoin itself.
I found this one somewhat wrong. For me, buying bitcoin and using it for trading is a usage of bitcoin itself. And if you haven't heard of, there are now online stores accepting bitcoin as payment. There are also restaurants accepting bitcoin as mode of payment http://bitcoinrestaurants.net/ . Bitcoin is also being used for paying those who are in signature campaign or in any bitcoin related jobs. You just need to explore it more to discover more about it.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
June 06, 2017, 06:31:51 PM
#95
I've have had people working for me and I paid them with BTC via:
https://www.xbtfreelancer.com/

I've paid for domain names with BTC via:
https://www.gandi.net/

This is real!
full member
Activity: 210
Merit: 100
June 06, 2017, 06:27:39 PM
#94
bitcoin has been around but I suspect that this is only the beginning of its popularity and adoption. Right now it is used more for online payments for services and speculation.

It may not be the best at paying for goods, but a slowly and surely things are improving in that regard. In the US, especially the big states like NY and California,  real life usage is real, and growing by the day, same with Japan and Canada.

In Africa,  it is hailed as the fastest means of transferring financial assets. It is a matter of time before it evolves into buying goods and paying for food.
sr. member
Activity: 697
Merit: 253
June 06, 2017, 06:18:37 PM
#93
Don't you think price blast not correlate with its real life usage since its inception?

High price = high fiat value = more things to buy on real world

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

For the whole numbers, I don't have an idea. But we already have a Bitcoin ATM here. I known 2 of them but others here say there are still stationed on other cities.

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

Single confirmation is enough for other merchants. And if that the case, withdraw the bitcoin instead and use that money to buy our desire needs.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 06, 2017, 06:14:38 PM
#92
Personaly I spend Bitcoins with my Bitcoin debit card moste of the time because there are still not much places, at least in my country, where you can spend Bitcoin directly. But where I go somwhere abroad I inform myself about places where Bitcoin is accepted. And I wish there were more online shops who accept Bitcoins and not only for tecnical goods.
I’m on the same situation, using a bitcoin debit card allows you to use your bitcoin everywhere but the fees and the fact you are not using bitcoin directly is a hassle, we can also use our bitcoin to buy almost anything from amazon with purse.io but I would like to get to the point where I can buy my groceries and the cashier ask me, cash, credit card, or bitcoin? That would be great.
hero member
Activity: 700
Merit: 500
June 06, 2017, 01:57:22 PM
#91
Last year I tried to build online advertising platform with friends.
I didn't have enough funds so I spend some of my btc funds in the wallet.
I also cash out some of my btc funds in order to buy a new computer.
So, after all, I feel that I used my btc money wisely but now, when I see btc price, not sure any more Smiley

And that's why people are not spending even a bit of BTC on real life things. BTC is an investment now and people are more interested in holding them rather than using them. Who knows one day we may have BTC jewelry and people keep them in their chains.
I don’t know whether I am wrong or the people are? I don’t care what will be the price of the Bitcoin tomorrow nor do I hold them a lot. Though I have earned and I am still earning it but I still think that the perspective through which I am looking into it is a bit different from many of my mates. I believe in a dollar today is better than a dollar tomorrow. What if tomorrow you get 50 cents of it? One must think about it.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
June 05, 2017, 01:22:40 PM
#90
Bitcoin uses increasing rapidly. So it use increase Daly life or real life. Now days japan take bitcoin randomly. Some stors,  airline take bitcoin without issue.
sr. member
Activity: 573
Merit: 251
June 05, 2017, 12:30:02 AM
#89
I just use the bitcoin to benefit, each month I routinely bought $120 about 60 percent I save on paper wallet (for long term investment) and the rest I use for trading (to get more profit with short term).
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