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Topic: What are the most common uses of Bitcoin? - page 47. (Read 8484 times)

member
Activity: 176
Merit: 10
October 31, 2017, 06:08:09 PM
The most common use of Bitcoin are right now  buying and holding, so saving. The majority of people do this because they understand the economics of the Bitcoin network.
Bitcoin is known as the most popular cryptocurrency in the world so it must be useful a lot by people. You know some people earn bitcoin to make their future this is the main use of bitcoin and some people do shopping using bitcoin and some pay taxes on electricity fuel online so bitcoin is really useful.
sr. member
Activity: 328
Merit: 250
October 31, 2017, 06:06:27 PM
Now the most common type of bitcoin use is earnings on it, and very successful. I have not yet spent any of my bitcoins, and not yet, as bitcoin brings me income.
Yes you are right there are a lot of uses of bitcoin because bitcoin have a lot of features which make bitcoin useful and also most popular cryptocurrency. Those people who invest in bitcoin get a lot from it and the most common use of bitcoin is to do online shopping and also some people pay their bill using bitcoin.
hero member
Activity: 924
Merit: 511
October 29, 2017, 11:31:55 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.


You have mainly mentioned the most common uses of bitcoin, what else do you want it to be used for?
As we know bitcoin is a virtual currency and therefore it can't ever be used like our regular cash.
May be in future, it will be accepted by major shopping platforms like amazon, ebay and possibly paypal will allow bitcoin exchanges in their system.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
October 29, 2017, 11:31:47 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.


Yes, those are things that you can use with bitcoin. You can also, buy games in steam, put it in the bank or pay your bills, you can also use it in gambling, and invest it with other altcoins. There many things that you can use bitcoin for now a days. As our generation progressing each day, many companies and stores are now accepting bitcoin and this is really good news to us who uses bitcoin. We can see that in the future bitcoin will surely be high and big, that's why many of us are starting to earn in bitcoin and for sure you are also here to earn bitcoin.
newbie
Activity: 42
Merit: 0
October 29, 2017, 11:30:14 AM
The most common used of bitcoin I think is for investment purposes and trading I believe majority of bitcoin owners here use bitcoin to buy alts and then trade them. Some may also use bitcoin to purchased goods and services.
full member
Activity: 378
Merit: 100
October 29, 2017, 11:27:35 AM
Most of the people purchase online games through bitcoin most of them  use bitcoin for online casinos and many people use bitcoin for online services like shopping etc. bitcoin is digital currency so mostly educated people knows about it and they use bitcoin for online tranactions.
member
Activity: 122
Merit: 10
Bitcoin Investor & Programmer
October 29, 2017, 10:54:49 AM
My common use of Bitcoin is to go to my nearest ATM and cash it out xD
hero member
Activity: 1078
Merit: 501
October 29, 2017, 10:53:56 AM
Most common uses is that, we can use bitcoin in our daily need in life like to buy foods, buy needs for educations for our bills, we can also pay bills instantly using bitcoin. Easy and very comfortable since we don't need to go outside to pay our bills. We can also use it everywhere in the world we are and anytime we wanted. Just make sure that you have a remaining balance. Lol!  Grin
legendary
Activity: 1190
Merit: 1024
October 29, 2017, 10:50:42 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.


The most useful and important way of bitcoin, is that you could earn money from bitcoin, do trading, investment and something which you like to do on online and could earn bitcoin. It is most important uses of bitcoin, you could earn money from it and a huge people have daily earning from bitcoin and also i am one of them, and don't forget, you could play online gambling with bitcoin and get fun.   
sr. member
Activity: 308
Merit: 267
October 29, 2017, 10:36:28 AM
You missed some of the important uses of the bitcoin here are some of the uses of bitcoin that uses in our daily lives.

* Used as a mode of payment mostly in online.
* Used as a transaction payment.
* Can use in different countries.
* Used in trading.
* As a investment.
* Profit for online workers.

The things you've said or stated are commonly not used or approved by some of the countries.
member
Activity: 99
Merit: 21
October 29, 2017, 09:45:09 AM
I would say buying digital goods and using it to invest into other cryptocurrencies are the main reasons it's used for.
copper member
Activity: 658
Merit: 500
Blockchain Just Entered The Real World
October 29, 2017, 09:36:22 AM
I would have to say that speculation must be the main use of Bitcoin. And this I may add will happen for quite a few years to come also.
sr. member
Activity: 518
Merit: 250
October 29, 2017, 09:34:12 AM
You already know the outline, so basically you use bitcoin for online transactions like buying and selling almost anything
I absolutely agree that bitcoin is for online transaction like paying bills, shopping on online market and many more. You can also use bitcoin for investing and trading. Investment in bitcoin is a good investment to make more income and money. Lastly, trading with bitcoin will help you to become rich.
newbie
Activity: 28
Merit: 0
October 29, 2017, 09:25:36 AM
The most common uses of Bitcoin are purchasing anything from the online shop, transfer money. Bitcoin is like a digital currency. Bitcoin is also being used to create digital assets on the blockchain.
full member
Activity: 140
Merit: 100
October 29, 2017, 09:03:16 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.

Bitcoin has so many common uses. Bitcoin can be a money for  you. You can buy things and your needs using bitcoin.There  are so many commercialized store that are already accepting bitcoin as a money in exchange to the product or service that they have example is the well known coffee shop starbucks.
full member
Activity: 238
Merit: 100
October 29, 2017, 08:40:28 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.

There are so many use of bitcoin and one of it is to buy things on commercial stores. There  are so may stores that are already accepting bitcoin as a money in exchange to the service or in exchange to the product that they have. Bitcoin are already accepted by so many stores, you can now use bitcoin to purchase things.
full member
Activity: 252
Merit: 100
October 29, 2017, 07:44:52 AM
If you just want to use bitcoin as a direct currency or a currency that could convert back to Fiat, then just use sites support bitpay or a crypto debit card then you can use bitcoin to buy almost anything. But bitcoin's value really lies in speculation and for that you will need to either Buy and hodl or trade it just like any other financial tools.
sr. member
Activity: 530
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
October 29, 2017, 07:31:58 AM
The most common use of Bitcoin are right now  buying and holding, so saving. The majority of people do this because they understand the economics of the Bitcoin network.
full member
Activity: 476
Merit: 100
October 28, 2017, 07:38:47 AM
In terms of earning money, bitcoin can be use as...
1. Earning through joining campaigns.
2. Investing in bitcoin
3. Trading
4. Gambling

It can also be
1. A tool for learning as there are threads that you can gain a lot of knowledge when it comes to earning in bitcoin.
jer
jr. member
Activity: 56
Merit: 10
October 28, 2017, 07:29:09 AM
Now the most common type of bitcoin use is earnings on it, and very successful. I have not yet spent any of my bitcoins, and not yet, as bitcoin brings me income.
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