What are the most common uses of Bitcoin? - page 35.

snoopy95

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Quote from: mintonsob on December 17, 2017, 06:18:42 AM

Bitcoins are used as online payment for transactions, you can order and buy whatever you want as long as the seller accepts bitcoins as payment, also many people use bitcoin as an investment fund.

hi and welcome to bitcoin

you can use Bitcoin for more than just questionably ethical services. Bitcoin Magazine offers a long list of options that includes everything from music downloads to gift cards to clothing. While you can't spend your digital cash anywhere, several options exist for you to use your Bitcoins as you please.

thankyou

Henry27

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Actually many common uses of bitcoin 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.

KrisAlex18

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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 has many use and I think it depends on a certain country on how they are going to tolerate the use of bitcoin. In some countries, bitcoin is already available to be used in buying stuffs like food and clothes while in other, they use it in paying bills and whatsoever. Bitcoin can also be used to earn money wherein as you keep on earning it, you will have higher chances to have a higher profit since bitcoin is volatile.

mintonsob

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Bitcoins are used as online payment for transactions, you can order and buy whatever you want as long as the seller accepts bitcoins as payment, also many people use bitcoin as an investment fund.

GoldMen

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Today many companies are accepting bitcoin as a payment method, so I would not be surprised if anything can be achieved through it.

teejayrichard2

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Bitcoin can be uses for lots of things at the moment including payment of fees, flight, buying of things online, there are even shops in various parts of the world that accept bitcoin payment .its a good source of payment and soon the world will accept its use fully.

jaocoincrypto18

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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 think you have already mentioned all the major and most common uses of bitcoin. Bitcoin is a currency therefore it is the same fiat currencies that can be spend or use in many things including illegal activities such as money laundering. If fiat can be use for investment so the same for bitcoin currency too but the difference is digital currencies is not physical.

YTBitcoin

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Quote from: Hobo66 on October 27, 2017, 12:36:42 PM

The most common use of bitcoin would be trading and buying goods,
thousands of people worldwide trade bitcoin each day for other altcoins or even fiat money.
bitcoin trade over 2M daily on the coinmarketcap calendar: https://coinmarketcap.com/currencies/bitcoin/

It is true that the most common use of Bitcoin is its trading. Buy Bitcoin when its price is low and sell it out when you feels that its price reached up to the mark. And gain a reasonable profit by just trading it. A large number of investors are doing the same and becomes millionaire. The other common uses are may be purchase property, buy online good and travel to a transport.

Obito

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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.

Yes, many things you can do with your bitcoin and also you will go somewhere you want and get what ever you want. Like many people, there is such reason that they are using bitcoin because of there own necessities.

millgates

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Many people are use bitcoin for illegal transactions in the past, but now bitcoin transactions is more common in exchange site and online shop, most of bitcoin users now are good people. It makes the image of bitcoin better than a few years ago.

tanghere1

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You can earn money from it and make a living out of it. I read that some people quit their jobs to make time on exploring more about bitcoin and other cryptocurrency. I also read a family sold their house to invest on bitcoin.

kenjay11

member

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That's right, we can use bitcoin to buy flight tickets, rent a hotel room and to buy food. But I think there are so many ways to use bitcoin. For example, you can use your earnings in bitcoin to pay tuition fees or you can buy the things that you like or you need. And you can also use it in your study and of course for usbto help our parents.

cutecute

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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 agree to your statement that the most important uses of bitcoin is buy a flight ticket, rent a hotel, buy pizza and other related goods, and we can use it to invest a vehicle but for me the most important uses for bitcoin is you can use it to help your family on your financial and you can hold it for a very long time so that when emergency came you have money and you're ready.

ace4549

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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.

Many people use bitcoin in their daily financial transactions wherein they can save more time instead of spending it in lines or manual procedures.
Aside from that many people use it as another way of investment to earn passive income without exerting too much effort for it.

watchurstep45

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the bitcoin uses commonly on in trading crypto currency it is fastest to income if you learn how to trade with bitcoin

TomUyamot

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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.

That's pretty it. And that's pretty everything you need in your life. You can travel with Bitcoin. You can stay in hotels with Bitcoin. And then you can shop with your Bitcoins as well. You can enjoy the delicious food in restaurants and have come great coffee time at various coffee shops with your Bitcoins as well. Right now, Bitcoin is starting to get mainstream. Business establishments are accepting Bitcoins already. You can also pay your bills with your Bitcoins by the way.

Digitalbitcoin

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I am belonging to country which is still in test phase, so near by me, there is nothing to accept BTC as payment for offering services. Better I am doing exchange of my BTC with local exchanger for fiat currency to fulfill my day to day expensives.

I am also using Bitcoin as a payment method to accept payment for my services. As I am freelance artist, blogger, digital marketer and webmaster.

Bitcoin can be easily exchange against fiat this is the most lovable special characteristic of Bitcoin I like and I use commonly.

coynedterm

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Activity: 882

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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.

Beside the use of the bitcoin in the practical life for buying stuff and pay for something eating purpose we can use it for the investment for long term and can make easy profit and also we can make transfer of the money from one country to another with small amount of transaction fee and also we can make buy and sell of another coins easily without going to use the fiat . So here bitcoin is helpful mostly in every field .
And also we can see that we can make our living with the help of the bitcoin , like many people are doing , it is really a good way to make money with the help of the bitcoin , and I think in the future it will be common thing that people will use debit card and credit card or the bitcoin .

patchot

newbie

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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.

loof99

sr. member

Activity: 524

Merit: 258

It is use for investments, paying bills (electric, water, online shopping), gambling.
We all know that bitcoins are known for investments in the online world. By using the coins ph app we'll be able to pay our bills using our bitcoins. It is also use in gambling sites to earn more money.

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