Topic: the usage of Bitcoin now (Read 2361 times)
Trading, Investment, Gambling, Buying products and foods.
bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
Where can you use bitcoin again except in this? You just can use bitcoin as a payment or may be trading or buying things. You can't use that in other ways like you said
there are other ways that i'm not aware of, which a currency can be used? i'm astonished here really
dude those are the only ways which every currency can be used, fiat is not excluded
I dont think there is another way you can use fiat as other things much because you really can make fiat as a payment or may be lending people, you can't do anything again with it.
bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
Whats the point of using bitcoin in a lot of things? Or you mean in many ways? I guess bitcoin is just as a digital currency that you used to buy something from market. Or may be use this digital money to invest on something. Its just like that
That's Correct. No need to use bitcoins in lots of things..Its an best investment tool at present.But in my country I haven't seen any merchants who have started accepting bitcoin as a mode of payment.Still they are not used to it and I think I will have to wait more to buy things from market by paying bitcoin as a mode of payment.
As we see mass adoption we'll see more use cases of everyday routine's on people's life. It will happen on way or another. I see gov killing cash and comming up with their own electronic payment system, which could put Bitcoin in the spotlight automatically.
bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
Whats the point of using bitcoin in a lot of things? Or you mean in many ways? I guess bitcoin is just as a digital currency that you used to buy something from market. Or may be use this digital money to invest on something. Its just like that
That's Correct. No need to use bitcoins in lots of things..Its an best investment tool at present.But in my country I haven't seen any merchants who have started accepting bitcoin as a mode of payment.Still they are not used to it and I think I will have to wait more to buy things from market by paying bitcoin as a mode of payment.
bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
Where can you use bitcoin again except in this? You just can use bitcoin as a payment or may be trading or buying things. You can't use that in other ways like you said
there are other ways that i'm not aware of, which a currency can be used? i'm astonished here really
dude those are the only ways which every currency can be used, fiat is not excluded
I think you nailed it for what the usage of bitcoin is mainly still after all this time 'gambling', although I do not use it on any of what you wrote I treat it like stocks. It is not in my area enough being accepted but when it is I would pay for rounds etc with it but as it stands I don't think it is worth it, because I have enough fiat to spend and I would rather trade btc than use it. Make the money trading and turn 'some' profits into fiat if needed. Hopefully time will change that where I can't skip changing it to government issued paper and spend whatever I want in btc and break away from seeing it how I do/
bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
Whats the point of using bitcoin in a lot of things? Or you mean in many ways? I guess bitcoin is just as a digital currency that you used to buy something from market. Or may be use this digital money to invest on something. Its just like that
bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
Where can you use bitcoin again except in this? You just can use bitcoin as a payment or may be trading or buying things. You can't use that in other ways like you said
you can use bitcoin in may ways,
like for investment, buying products, use it for a payment.
or maybe you can use the bitcoin as a "gold" for showing it to your friends..
like for investment, buying products, use it for a payment.
or maybe you can use the bitcoin as a "gold" for showing it to your friends..
bitcoin can be used in a lot of things! It can be used in nearly everything normal currency is, its just that we need to get people to use it and start accepting it. Theres hardly anything it cant be used for!
The micropayments market along with the gambling market is going to be huge in the future. It's so easy to implement in any game: Pay high scores in Bitcoin, a true value currency, for free.
Gambling is also easy to set up, and very fun and addicting if rightly executed.
Gambling is also easy to set up, and very fun and addicting if rightly executed.
black market, gambling and pornographic dealing
You have list most of the application of bitcoin, and the other application include trade altcoin, all most of altcoin use bitcoin to trade. 
What's the usage of Bitcoin outside the mainstream of the application such as in black market, gambling and pornographic dealing? I think all the applications above can make sure that the hard currency Bitcoin will not die, however, the true value of it should be shown after it stepping into the mainstream of the application.
Bitcoin's usage has definitely spread to other things - for example I use Bitcoin to pay for a majority of my servers and web solutions - but we're still quite a long way away from reaching the point where you can use Bitcoin to buy anything you need (where fiat is currently).
The best use of Bitcoin in my opinion... buying "stuff" online, with more security than traditional payment methods. I would much rather buy my honey and coffee online with Bitcoin, than buying it with a credit card.
Online Tipping for me, has also been growing, and I did not notice this before Bitcoin. {Micro payments}
Online Tipping for me, has also been growing, and I did not notice this before Bitcoin. {Micro payments}
Let's hope, the remittance market takes off, and Bitcoin vendor's increase, then we would go to the Moon.
In the end, those seller who sold your honey and coffee will convert it back to fiat since they get their goods from fiat seller as well and you cant stop this from happening
some are not buying much with bitcoin, because they are waiting for a better price, thus a better buying power when using bitcoin, and i'm in the same boat as those people
i want to buy more stuff with my precious bitcoin, current price is unfair...
i want to buy more stuff with my precious bitcoin, current price is unfair...
Current price will never be fair since it is a supply and demand market. Holding bitcoin and use it after the value goes higher is consider as an investment but it will be some times before the price can raise as it is getting lower everyday
Open bazaar is gay. Who would buy a twix bar literally worth its weight in gold? No one, that's who. 
The best use of Bitcoin in my opinion... buying "stuff" online, with more security than traditional payment methods. I would much rather buy my honey and coffee online with Bitcoin, than buying it with a credit card.
Online Tipping for me, has also been growing, and I did not notice this before Bitcoin. {Micro payments}
Let's hope, the remittance market takes off, and Bitcoin vendor's increase, then we would go to the Moon.
Online Tipping for me, has also been growing, and I did not notice this before Bitcoin. {Micro payments}
Let's hope, the remittance market takes off, and Bitcoin vendor's increase, then we would go to the Moon.
some are not buying much with bitcoin, because they are waiting for a better price, thus a better buying power when using bitcoin, and i'm in the same boat as those people
i want to buy more stuff with my precious bitcoin, current price is unfair...
The trick, if you want to support BTC, is to go and buy your BTC at the time you actually want to spend them. That way you're not exposed to any price swings and you can profit from the full buying power of your money. By doing this, you can avoid the risk of price swings by still supporting vendors accepting BTC!
What's the usage of Bitcoin outside the mainstream of the application such as in black market, gambling and pornographic dealing? I think all the applications above can make sure that the hard currency Bitcoin will not die, however, the true value of it should be shown after it stepping into the mainstream of the application.
It's very hard to estimate what all those transactions means. In fact I think it's impossible, it's a mix between trading, speculation, buying of goods and services... all those transactions that get done in person for cash will never have any meaning unless you are part of one of the 2 parties.
As decentralized exchanges start being operative, it will be even harder to track anything.
How is this the issue of tracking? We dont track individual bank notes to check the usage of fiat. Instead we should analyze the growth of vendors that accept btc.
I think there is a smattering of bitcoin uses in nearly every aspect of your life. Just depends on where you live as to how prevalent it is.
The best use of Bitcoin in my opinion... buying "stuff" online, with more security than traditional payment methods. I would much rather buy my honey and coffee online with Bitcoin, than buying it with a credit card.
Online Tipping for me, has also been growing, and I did not notice this before Bitcoin. {Micro payments}
Let's hope, the remittance market takes off, and Bitcoin vendor's increase, then we would go to the Moon.
Online Tipping for me, has also been growing, and I did not notice this before Bitcoin. {Micro payments}
Let's hope, the remittance market takes off, and Bitcoin vendor's increase, then we would go to the Moon.
some are not buying much with bitcoin, because they are waiting for a better price, thus a better buying power when using bitcoin, and i'm in the same boat as those people
i want to buy more stuff with my precious bitcoin, current price is unfair...
Yes they didnt buying much with bitcoin because they want to earn more so they stack their btc more and more and then the price is good to sell they will sell it to get their money back in their own currency, I think that because the price now is too volatile so they no need to sell their btc first just in case
This uses are very common, but I think one service should really start accepting Bitcoin and that is the Online Dating Sites.
About 40 million Americans use Online dating service
http://www.match.com/magazine/article/4671/
Just a thought...
About 40 million Americans use Online dating service
http://www.match.com/magazine/article/4671/
Just a thought...
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