What are the most common uses of Bitcoin? - page 12.

stephanirain

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Freshdice.com

Quote from: Md.Esamul Haque on October 17, 2017, 02:45:55 PM

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

Hi there, for me there are a lot of things in this world that you can use your bitcoin as well as the money you get from bitcoin. There are proven and there are most common important uses of bitcoin like you can buy clothes, accessories, foods, you can travel around the world and mostly important for me is that you can use it for some basic needs and daily purposes in your lives to make it wealthy.

catur123

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for now the most dominant use of bitcoin is as an investment tool, because bitcoin is a promising digital money for world investors and bitcoin also has a pantastic price that makes people tempted to participate in it. in addition to my current investment bitcoin is also in use to buy pizza in various countries that have received bitcoin.

Morkhart

newbie

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Bitcoin can use to purchase online. So most common use of bitcoin is transactions online lke shoppin online. In my country we cant apply it yet but i think in other country we use this. Anyway its online so most of the product online is international. In other country they can use this to pay bills, pay in a hotel and order fast fod chain.

berick prima

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Quote from: Welsh on October 17, 2017, 04:05:25 PM

Whatever you can do with a traditional currency can be done with Bitcoin. We are now at the point that there are several companies which offer to purchase an item on any website and you pay via Bitcoin.

It's not currently the most easily accessible, but we are certainly making progress.

Another benefit is when you can exchange bitcoins with paper currency.
You can do a lot of things related to the use of bitcoin.
Because right now I realize that not all companies can accept bitcoin as their payment tool.

Eclipse26

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Quote from: jakech2211 on April 02, 2018, 03:08:22 PM

I think bitcoin contibuted mainly to the usage of other digital currencies. Without it no other cryptocurrencies may have arised. Bitcoin can be also used a learning tool to financial analysts who studies its effect in our environment. Bitcoin is doing good in many ways and is usable already to some countries.

Bitcoin was used to buy other cryptocurrency and we you get profit from it you sell it again to become bitcoin. By that you can convert it into fiat to use for buying things and stuffs. In my country we used bitcoin as an investment, we also used it to load in our sim. Bitcoin was slowly developing and it was a good news because its usage also was increasing. It gives more benefit to the one who has it.

gundala

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Quote from: spyerf on April 01, 2018, 01:12:31 AM

Where I live, buying items with bitcoin has not been legitimately done, making the benefits of bitcoin a useless currency. although many users, but more people use it as a profitable asset.

In my country too. The use of cryptocurrency as a means of payment is prohibited. However, it is allowed to have it as an asset. I plan on using bitcoin as a long-term investment, which is very profitable, so I can prepare inheritance for my children someday.

muhammedb

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Quote from: Md.Esamul Haque on October 17, 2017, 02:45:55 PM

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

Bitcoin can be used as misse of payment in accepted countries and also bitcoin can be saved or reserved as a digital asset, which means you can keep or save bitcoin for your children

Sumo

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From the whole list I can allocate only investments. All the investors I know bought bitcoin for the sake of earning and storing money. And I don't see anything surprising about that.

bigbosma

member

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For me, bitcoin can only be an investment and no more. My country does not use it as a currency, like most countries in the world, and so far I only use it for storing money and promising earnings.

Elerntta

member

Activity: 490

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I want to keep my money profitable, earn money on this and develop cryptocurrency. I can only invest in it and tell others about bitcoin, and I think it will help its development a little.

bellakw08

member

Activity: 322

Merit: 10

I cant use bitcoin for anything except for trade , my country are prevent bitcoin as fintech payment , although there are many bitcoin exchangers are already operated in my country. but i hope someday bitcoin can replace creditcards and real currency as a payment , more reliable and decentralized markets will grow if bitcoin get involved in the fintech payments.

olatslodi

member

Activity: 196

Merit: 10

Bitcoin is very remarkable. They buy bitcoin and hold it from this in future they can obtain more income. Im so thankfull because I know about bitcoin and it really help me to all my financial. The other things is we can use bitcoin for payments. It is easy for us to rent, pay bills and sending money to everyone.

adadaorlina

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Activity: 420

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The use of bitcoin is the same as the use of fiat currencies. But still people use bitcoin for trading and investment because they believe it will continue to grow in value. Bitcoin is really a big help in decreasing poverty as long as we know how to respond with it. Bitcoin is digital currency so mostly educated people knows about it and they use bitcoin for online transactions. However, there are still a limited number of online shops accepting Bitcoin. But there are individuals selling the same that accept Bitcoin payments.

jakech2211

newbie

Activity: 18

Merit: 0

I think bitcoin contibuted mainly to the usage of other digital currencies. Without it no other cryptocurrencies may have arised. Bitcoin can be also used a learning tool to financial analysts who studies its effect in our environment. Bitcoin is doing good in many ways and is usable already to some countries.

poutgkj56

newbie

Activity: 95

Merit: 0

You have listed many examples. Now you can use Bitcoin to buy a house, buy a car, and use Bitcoin to support people who you want to support if they provide an address for the transfer.

Easteregg69

sr. member

Activity: 1572

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I use it for buying alt coins.

One day i will probably use it for buying some weed on the web.

Anyways. That will take a change of government which is not ranking high on my todo list. It would include fire everyone from right to left.
Even known potheads tends to forget their merits when they get a little power.

Where i live weed is the problem child. Weed and hypocrisy.

spyerf

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Activity: 378

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Where I live, buying items with bitcoin has not been legitimately done, making the benefits of bitcoin a useless currency. although many users, but more people use it as a profitable asset.

Webetcoins

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Leading Crypto Sports Betting & Casino Platform

Quote from: followmenot on March 29, 2018, 06:00:17 AM

Most common use for bitcoin is probably buying video games over Steam. I really don't know any other practical use. As far as I remember some people buy cloud storage and also servers with bitcoin option as well.

There are a lot of information and facilities which are available in the soft form on the web can be purchased with the bitcoin as well as other crypto currencies. Other than them, there are many small business and food parlours across Europe and America where people accept the bitcoin in return of the services. Furthermore, now the countries are talking about the implementation of the bitcoin so that people can get more advantages from it.

Kadal Ijo

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For me bitcoin I just make it as a long-term investment, I never worry about the future of bitcoin, everything will improve especially now the japanese government and some other countries have legalized bitcoin.

Sweetbtc

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Quote from: Md.Esamul Haque on October 17, 2017, 02:45:55 PM

I am a newbie in Bitcoin Forum.I know some of the most important uses of Bitcoin.They are:
1.You can buy a flight ticket.
2.You can rent a hotel room.
3.you can buy pizza and other food related goods.
4.You can use it as a investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

I never heard we can buy flight tickets or buying pizza from it, Since when the worlds start accepting bitcoins ? Are you saying by selling your coins ? if yes then you're right you can buy ticket, pizza, and rent hotel room.Other wise no one is ready to accept bitcoins locally. About the most common use of bitcoin is earning more bitcoins. Since bitcoin it self a great source of income and people like to invest it and hold their all bitcoins.

Topic: What are the most common uses of Bitcoin? - page 12. (Read 8484 times)