Topic: What are the most common uses of Bitcoin? (Read 8438 times)
Bitcoin has a high returen compared to Gold, the reason why many people diversify to use it as a means of investment. Because It is not the most accessible, but we are definitely making progress.
The most common uses of Bitcoin is investment,
We are using it to get a profit so for me the most common use of bitcoin is investment,
It is either investing in alt-coin to do trading or investing in some investment sites.
We are using it to get a profit so for me the most common use of bitcoin is investment,
It is either investing in alt-coin to do trading or investing in some investment sites.
itcoin was made for peer to peer transactions. You can also earn some fiat by buying and selling bitcoins to usd nor altcoins. And the value of bitcoin is higher and the movement of the coin is unpredictable.
You can buy Bentley or KFC and BurgerKinf food in some countries
I think major barrier to bitcoin is time confirmation. that's why ETH used as a processor transaction more than bitcoin because of the transaction instant close. previous imagine that bitcoin will be the currency itself and will be used to purchase online and offline. but this time bitcoin more used as an investment for future potential very large. also plenty of traders around, it is also used as the assets of speculative to trade.
I personally see that Bitcoin is more valuable than money for bitcoin owners, who mostly keep their bitcoins as assets or investments, not as media transactions to buy or spend. This trend is triggered by the tendency of bitcoin values to skyrocket and now many of its devotees
In my country the common uses of bitcoin is to use in buying cellular load, paying electricity bill, water bill and buying stuff to some supported convenience store nation wide.
Lot of new people are buying bitcoin and don't understand the intrinsic value it brings. The limited supply and removing the third party aka bank from any transaction is a fundamental win win for us the people.
Thank you for this thread me too are wondering if what is the other usage of bitcoin as ive read the comments i gain some knowledge.. Hoping for more enlightenment on bitcoin and other cryptos! More powers and Godbless!
This is a great place to find out what Bitcoin's most important uses are here. you can read more here.
Thank you for this thread me too are wondering if what is the other usage of bitcoin as ive read the comments i gain some knowledge.. Hoping for more enlightenment on bitcoin and other cryptos! More powers and Godbless!
In overall, Bitcoin is used in money transactions. you can earn money from it, invest it, buy things from it, sell things for it, trade it and many more. It is the purpose of the bitcoin is to be a middleman or should i say middle thing between two person through internet. That is the most common use of bitcoin. I think the main purpose of bitcoin is for Investment Tool in the internet things. Since most of the business use bitcoin as an investment and other sites that uses bitcoins for financial means of it. so all in all, bitcoin is for Financial things of the internet.
A virtual currency in this technological digital age bitcoin uses to purchase online, because of its good value it offers security and guaranteed return they use it to trade and invest.
Bitcoin as an investment tool there are many businesses and individuals who use Bitcoin, such as restaurants, apartments, law firms, as well as popular online services such as Namecheap, WordPress, Reddit, and Flattr.
Many people use Bitcoin as an alternative source.
Bitcoin as a currency that really provides comfort and convenience for its users.
Bitcoin will continue to grow over time. Bitcoin's potential is not just this, we are still waiting until the best moment.
Many people use Bitcoin as an alternative source.
Bitcoin as a currency that really provides comfort and convenience for its users.
Bitcoin will continue to grow over time. Bitcoin's potential is not just this, we are still waiting until the best moment.
Between the negotiations with the bitcoin you can include the purchase of real estate, a soccer team in Europe has already made transactions of signing through Bitcoins and web platforms you can buy absolutely what you want because it is being used as a payment method.
People are already paying with Bitcoins for a lot of services especially in IM field.
Bitcoin is the first decentralized peer-to-peer payment network that is fully controlled by its users without central or intermediary authority. Bitcoin as an investment tool There are many businesses and individuals who use Bitcoin. Includes physical businesses in the real world like restaurants, apartments, law firms, as well as popular online services such as Namecheap, WordPress, Reddit, and Flattr.
You already know most of the uses...You can also use it to buy different coins like altcoins,litecoins and the most common one is trading with bitcoins.
Here is a list of the major retailers that accept BTC as a form of payment: overstock.com for just about everything, expedia and cheapair for travel, egifter and gyft for gift cards, newegg for electronics, shopify for items from shopify merchants, dish network for satellite service, pizzaforcoins for online pizza ordering from the major franchises of pizzahut, dominoes, and papa johns, Microsoft for credit in your account to buy, and Reeds for jewelry. Just recently I’ve been witnessing small vendors in flea market and exhibitions starting to accept them. The more and more companies and individuals start to bring life and value to BTC, the more it will grow.
Today the most common use of the Bitcoin the peer to peer transaction without involving another party.
Today as of this moment, bitcoin has provide its purpose of what is stated in its whitepaper, peer to peer transfer of money without any third party engaged with. In connection with this, at some point also, its real purpose has been dominated by the perspective of human beings as Bitcoin to be an investment.
its becoming more available to use on mainstream things, just look up the list of companies that accept Bitcoin, its quite long. It would have been more accurate to say Bitcoin is the most common currency on the black market (In first world countries), not that Bitcoin is mostly used on the black market.
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