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Topic: What are the most common uses of Bitcoin? - page 23. (Read 8484 times)

member
Activity: 229
Merit: 10
February 26, 2018, 07:47:04 AM
You can use Bitcoin as a currency; purchase goods, transact with anyone for anything, basically the same way you use fiat currencies today.
Bitcoin is also used as a investment vehicle, as many speculators believe bitcoin will continue to grow in value thus making it a good albeit risky investment. Bitcoin is also being used to create digital assets on the blockchain.
full member
Activity: 224
Merit: 100
February 26, 2018, 07:29:31 AM
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.

Bitcoins helps you make your own money.Aside from it helps you on your transactions, bitcoins also helps you create and make more money by investing it.So bitcoin become important to any bitcoin users because of this ideas that could be really helpful for them.
newbie
Activity: 58
Merit: 0
February 26, 2018, 07:16:53 AM
In my opinion, BTC is mostly used as an investment option rather than for making purchases and transactions. Why? Because of high fees and because of the payment platforms limitations. It is hard to compare fiat payment systems which are very developed and safe with the cryptocurrency payment systems, which have a lot of space for improvements.
newbie
Activity: 126
Merit: 0
February 26, 2018, 07:09:30 AM
There are two main USES for bitcoin. One is to use it as a currency for transfer payments, and one is to use it as the subject of speculation.

Bitcoin is mostly used as a subject for speculation, and people speculate on bitcoin, just like speculating in a stock market.
jr. member
Activity: 84
Merit: 8
February 26, 2018, 07:06:21 AM
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.


As a medium of trade, however in actuality few individuals really aside from bitcoin for merchandise and ventures because of its instability. However the Silk Road which lives on the Tor organize only uses bitcoins for trade. This is on the grounds that it bargains in illicit products, and makes utilization of bitcoins secrecy.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
February 26, 2018, 06:56:04 AM
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.


Beside of that list came from your, bitcoin as virtual cryptocurrency using hash and internet connection the most important thing for Bitcoin easy to use and easy to understand of the people.
newbie
Activity: 92
Merit: 0
February 26, 2018, 06:24:01 AM
One of the biggest pros of bitcoin is that, compared to other electronic payment systems, it has a very low transaction cost. Bitcoin’s transaction fee is not nearly as costly as the fees on money transfers brokered by banks, credit cards, and commercial software like PayPal.
newbie
Activity: 91
Merit: 0
February 26, 2018, 05:08:20 AM
Common is that you can use it mostly anywhere like flat money which doesny require that you need to be there but you can use that anywhere you are, anytime you want.
sr. member
Activity: 1190
Merit: 250
COMBONetwork
February 26, 2018, 01:39:52 AM
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 think people common to use bitcoin as a trading investment and also payment. The use of bitcoin is now rarely used by bitcoin users probably because of its legality. But I'm sure in the future there will be many uses.
newbie
Activity: 68
Merit: 0
February 26, 2018, 01:32:27 AM
You already know the key points, but you can use Bitcoin for trading, buying other altcoins or investing into an ICO and even keep it as an investment. Once you gain profit you can transfer it into fiat and live happily.
member
Activity: 192
Merit: 11
February 17, 2018, 10:36:45 PM
The most common use of BTC is investment!

Many people with BTC don't understand the real meaning of bitcoin, they only invest in making profits!
newbie
Activity: 126
Merit: 0
February 17, 2018, 10:31:05 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.

It is natural and basically on online payment  that you can sell and buy because  of bitcoin
member
Activity: 798
Merit: 10
February 17, 2018, 10:16:16 PM
Many people using bitcoin as their invesment portfolio. Beside that bitcoin can hide your wealth and to avoid your tax. Its very interesting gain when we see history chart on bitcoin because can gain you hundreds percents from your invesment
newbie
Activity: 278
Merit: 0
February 17, 2018, 10:08:46 PM
The most common use of bitcoin would be saving, and in turn the return on investment is very high; Also, it is quite useful when you travel to another country, since you can pay with this in hotels, airline tickets and others; without having to buy the currency of that country.
full member
Activity: 347
Merit: 100
February 16, 2018, 07:24:58 AM
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.




For me the common uses of bitcoin is for the financial of your family. We can buy anything by the use of bitcoin in changing it to real money, you can supply your own needs by using this. You can use it for transaction or if you buy things because there are so many people that are interested in bitcoin because it is so popular now.
jr. member
Activity: 135
Merit: 3
February 16, 2018, 07:12:20 AM
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.

right. but the most appropriate use of bitcoin in general is the point that we can use or we buy with anything in accordance with what we want right .
full member
Activity: 201
Merit: 100
February 16, 2018, 07:06:55 AM
You can earn money by speculations)

Thats kinda true. Well uses of Bitcoin may vary on how long have been involve to this platform cause experiences teach a lot, well for me the basic use of Bitcoin is profit, and the Bitcoin forum itself will provide you the job that you have to dofor you to have profit you were expecting, and I think aside from that is knowledge reagarding to our technology today.
full member
Activity: 434
Merit: 100
Hexhash.xyz
February 16, 2018, 07:04:26 AM
Basically we use bitcoin for online transactions like trading and investment and we can sell it depends on us. also means of savings for the near future because you can make money by holding it if the price have a high value. In addition we can use it for our financial needed,expenses and fees.
newbie
Activity: 50
Merit: 0
February 16, 2018, 06:52:36 AM
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.


Transferring Money
Trading
Investment
Paying Bills
As money (if a store accepts btc)
E-Wallet

Bitcoin is a cryptocurrency which means it is a money in other form, mostly can do what a simple money does, but more convenient.
member
Activity: 420
Merit: 24
February 16, 2018, 06:39:29 AM
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.


Aside from the things that you mentioned you can use bitcoin in doing trades. You can purchase as well alt coins using bitcoins. You can always use bitcoin in purchasing online stuffs as long as the seller accepts bitcoin as payment.

Bitcoin as an investment vehicle is not really an assurance that you will have or you will get profit for its value is very volatile and there are lots of FUD goind on right now about bitcoin that is why its value went down. But if you believe in its technology just hodl and wait for the value to skyrocket. Always remember that invest only an amount that you can afford to lose! happy hodling and have a great day everyone!! Smiley
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