Topic: What are the most common uses of Bitcoin? - page 28. (Read 8484 times)
Obviously hiding your wealth is going to be one of the major uses of Bitcoin. Here in my country (India), the government is harassing the Bitcoin users quite a lot. If the anonymity was not there, then the authorities would have already confiscated all of our coins and put us behind bars.
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.
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.
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. This is done through some third-party open source software such as counterparty and colored coins, to name a few.
It is really helpful for those who is abroad and they want to send money to their family. The only problem is the fee from sending your bitcoins because it was quiet high and not acceptable sometimes to other exchangers. Besides the most common use of bitcoin today is in trading.
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.
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.
If you find the person, who is interested in getting Bitcoins, you can buy anything from him. For instance, houses are sold by BTC now and recently the guy bought a luxurious car for BTC. Here is the video about the man that became an owner of Lamborghini
https://www.youtube.com/watch?v=yY86vH7z9qA
The most common uses of Bitcoin as of today is by trading goods thru online, having jobs online and Bitcoin as payment salary, others make it as investment, most of the business people do ICOs such as offering services and opportunities for the people and also for the greater good of the future of cryptocurrency, and many more. Some people take advantage of such great innovation so there are times that investors doubt crypto and decide not to pursue investing on it therefore it results into a downtrend of bitcoin. Thus, on what I've said there are a lot of things / uses of bitcoin itself and these will be discovered on the latter future.
LBitcoin can buy goods at online shop and many of the companies that they accept bitcoin ar most bitcoin users are doing the investment because they know bitcoin is increasing yet but bitcoin has dropped so they are losing.
I don't think its time yet that bitcoin is seen as transactional payment method like you've mentioned. It's more about being a good investment and a chance to make good money in the long run. So many things have gone against btc becoming a good form of transactional currency with issues about fees, payments and bans from different countries. Those are probably reasons why btc is down most of this month as well.
You summed up great, I think the most commonly used is as an investment tool, because in many countries it prohibits bitcoin transactions, so Bitcoin is not much use in reality.
Yes, just as in my country, it is forbidden, and I can only really translate it into the currency of my own country.
You can make better profits with bitcoin crypto currency comparing to investments with the FIAT currency also we can understand the economy, finance, markets, trade etc.
bitcoin is still a more efficient and cheaper way to transfer money across borders, and several remittance startups make use of this feature. Bitcoin’s cost and speed advantages, though, are being eroded as traditional channels improve (and the network’s fees continue to increase), and liquidity remains a problem in many countries.
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.
Bitcoin is design to be flexible to all and it uses is based on the users choice but to that extent since bitcoin is still at the stage of acceptability it uses are limited for now, but in at that you can use bitcoin to pay for goods online and also use bitcoin to pay for school fees in some online master programs now. Bitcoin can be use to send money across borders with easy and also bitcoin when change to paper money can also be use to pay for our goods and services in our local market, bitcoin is use as a store of value and as an assets with long term potential.
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.
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.
There are so many thing that bitcoin can do if you spread it like that.
The really most common use is as currency and investment tool. Recently i only see bitcoin is used as investment and not currency.
You summed up great, I think the most commonly used is as an investment tool, because in many countries it prohibits bitcoin transactions, so Bitcoin is not much use in reality.
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.
BTC has a considerable measure of common uses. I know a couple of you can buy and sell online innovation related items and administrations for BTC. You can utilize ALTs to buy can gain cash. You can keep some BTC for what's to come. However there are numerous utilizations in BTC that are viable in numerous nations and numerous nations are prohibited. 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.
Trading is the most common use of bitcoin as of today we may find some stores though that accepts bitcoin but its so limited and others prefer holding their bitcoin so no one really wants to use their bitcoin in purchasing something. A lot of gambling sites that uses bitcoin instead of dollars too but its better to stay away from it and just save your bitcoin and wait for it to grow.
You have mentioned it all, if I personally use bitcoin as an investment, because in my country forbid! transaction using bitcoin
I think the most common use of bitcoin today is in trading. Also altcoin's trading to btc. This is an opportunity to develop and invest in different projects.
the most common uses of bitcoin is through trading and making a passive income out of holding bitcoin and then cashing it out and making new investments.
bitcoin very remarkable.
can open employment for people who have not got a job like this diforum btc .even around the world with the bitcoin. as a very big asset for the community. so with this forum in our country with the bitcoin is very helpful even more helpful than ever. a lot is gained from the hard work of their bitcoin obtained the car and home, the company even more I'm very surprised by my changes with bitcoin it does not take a long time to succeed
The main purpose of bitcoin in a daily basis is to serve as an investment for most of people who want to earn with used of their money and time. But bitcoin is much more than that. Bitcoin could also serve as an asset for most of people who want to try dealing with transaction through trading and analyze the flow of the changes of bitcoin price in the market. can open employment for people who have not got a job like this diforum btc .even around the world with the bitcoin. as a very big asset for the community. so with this forum in our country with the bitcoin is very helpful even more helpful than ever. a lot is gained from the hard work of their bitcoin obtained the car and home, the company even more I'm very surprised by my changes with bitcoin it does not take a long time to succeed
I do not use bitcoin to trade goods. cost too expensive. I only use bitcoin to invest in other potential coins. You can not bring them to buy pizaa or buy a house. You need to change them to usd
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