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Topic: What are the most common uses of Bitcoin? - page 48. (Read 8484 times)

member
Activity: 154
Merit: 10
October 27, 2017, 07:15:20 PM
the most common of uses for bitcoin now is buying altcoin and the next is buying goods or what so ever but the priority now of bitcoin holder is  buy altcoin...
sr. member
Activity: 466
Merit: 375
October 27, 2017, 07:12:01 PM
I'd say that the most common one is it being an investment asset at this time, since it being the currency, that's used regularly, is a little further away in the future since it becomes the main use of it.
I also agree with you, currently bitcoin for me is a future asset, where bitcoin is very good developer and bitcoin price rate will also go up so it must be good for investment asset
sr. member
Activity: 714
Merit: 250
October 27, 2017, 07:10:27 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.

In our country, there is a local platform which allows us to buy goods and services, the application allows us also to pay in private and public institutions. The most simplest way you can use your Bitcoin is to buy a prepaid load, the platform also offers the connection of payment to electric company and internet com. What's more interesting is that it may be use as a form of payment for public health and life insurance and even as payment for tuition fee in some selected universities in our country. Bitcoin can be widely use now, but for me it is still wiser if someone will consider it as an asset and investment.

For now in my country mate, bitcoin usage still not that widely used compared of what you have experienced in your country. The online wallet payment system was being introduced and not fully at local places purchased like on stores like supermarkets or any fast foods. There's a specific payment system that online wallet is having services like, online billing payments into selected options to prefer of with different bodies of companies affiliated with the site itself. Somehow I hope so that this implementations will cover all those entire country's adoption not even electronic payments, but rather offline payments maybe capable of.
full member
Activity: 644
Merit: 113
October 27, 2017, 07:02:37 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.

In our country, there is a local platform which allows us to buy goods and services, the application allows us also to pay in private and public institutions. The most simplest way you can use your Bitcoin is to buy a prepaid load, the platform also offers the connection of payment to electric company and internet com. What's more interesting is that it may be use as a form of payment for public health and life insurance and even as payment for tuition fee in some selected universities in our country. Bitcoin can be widely use now, but for me it is still wiser if someone will consider it as an asset and investment.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
October 27, 2017, 06:51:56 PM
I'd say that the most common one is it being an investment asset at this time, since it being the currency, that's used regularly, is a little further away in the future since it becomes the main use of it.
hero member
Activity: 1022
Merit: 521
October 27, 2017, 06:38:03 PM
common use would be trading and investment bitcoin, buying and holding it for future profit. can also use as payment for goods online and also payment for your job.
Different kind of people are using bitcoin for different purposed as per their approach of thinking and as per their needs. Some people take bitcoin light in their lives and using bitcoin for the time being purposes without any future plans/aims and wasting bitcoin buying clothes, electronic accessories or something rubbish things while wise men don’t use bitcoin in this kind of ways.

They invest their bitcoins in trading for future purposes and they earn great profit from it but commonly people using bitcoin for trading.
Exactly there is so many purpose of Bitcoin and the main use of bitcoin is to earn money. According to my thinking it is the most useful asset in the present time. Different people have their own mental approach towards it. Some people purchase goods and services through it. A person can use Bitcoin to pay bills, online purchasing and trading through it.
member
Activity: 85
Merit: 12
October 27, 2017, 02:54:46 PM
If I use the most common bitcoin in my opinion as a means of online payment transactions, but now bitcoin has various functions such as for trading and investment because bitcoin has a high value so the current bitcoin function as a valuable asset.
You can soon also be able to use it for online purchases on Amazon.com. That will be a new channel of uses on its own.
sr. member
Activity: 504
Merit: 250
October 27, 2017, 01:10:38 PM
If I use the most common bitcoin in my opinion as a means of online payment transactions, but now bitcoin has various functions such as for trading and investment because bitcoin has a high value so the current bitcoin function as a valuable asset.
sr. member
Activity: 462
Merit: 250
October 27, 2017, 01:01:19 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/
In fact bitcoin is not created for trading and investment, but unfortunately still the facilities of bitcoin to use it as currency is not available every where and therefore we are using it for trading and other such purposes. i think in future we can expect to use bitcoin as currency in stores both for online  as well as for offline purposes but it is in fact depending on the number of bitcoin users. As soon as the number of bitcoin users will increase more opportunities will he people to use bitcoin as currency.
sr. member
Activity: 336
Merit: 250
October 27, 2017, 12:59:47 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.

Even tho the uses you listed are true and can be done , not all flight companies , hotels or restaurants accept bitcoin as a payment method since it's been newly introduced to a lot of people across the world and a much larger number of people is still unaware of it . You might find some markets that can accept it especially in china and the middle east generally but people in south Africa or in Latin America are certainly not aware of it .
Bitcoin does also has many other uses such as using it in online casinos or Eshops such as Aliexpress etc . But if it were me i wouldn't even think of using my funds because the true potential of bitcoin isn't reached yet and i'm almost sure that it's value nearing 5.7k now will double by 2018 end .
full member
Activity: 484
Merit: 124
October 27, 2017, 12:55:02 PM
It's nice to see people able use bitcoin for purchase at everywhere meanwhile my government still forbid bitcoin usage because of security reason.
I'm always wanted that McD or KFC accept bitcoin as their transaction but I think I must wait for longer time to see that happen
newbie
Activity: 28
Merit: 0
October 27, 2017, 12:51:17 PM
there are lots of thing you can do with BTC such as - buy flight ticket , buy pizza from some web site . and now a days amazon also support BTC

THANKS
full member
Activity: 630
Merit: 103
October 27, 2017, 12:48:10 PM
Your current list is a good one and yes you can book flights at airports and the payment will be bitcoin but this can only happen if the airport is knowledgeable about bitcoin which is rarely seen. You can also convert bitcoin into cash and pay for the bills for utility. You can also use the cash to buy food and pay tuition fees at school. You can also treat yourself because you worked hard so that you can earn bitcoin. You can also invest bitcoin for future use.
hero member
Activity: 1344
Merit: 502
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/
newbie
Activity: 14
Merit: 0
October 27, 2017, 12:23:56 PM
One of the biggest uses of bitcoin is it's pseudonymous.Another of the biggest uses of bitcoin is that, compared to other electronic payment systems, it has a very low transaction cost.
full member
Activity: 403
Merit: 100
October 26, 2017, 09:42:41 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 rarely use bitcoin to pay for items on the online site. I only use my bitcoin for the purpose of making money
sr. member
Activity: 415
Merit: 250
October 26, 2017, 09:28:07 AM
I use bitcoin for purposes such as investing in other activities to continue to increase my own coins
full member
Activity: 419
Merit: 100
October 26, 2017, 09:20:58 AM
I think the most common use of bitcoin is for investment, I'm sure 75% of users will make bitcoin as an investment while the rest for trading, cloud mining, gambling and so on.
hero member
Activity: 658
Merit: 505
October 26, 2017, 09:12:03 AM
Use of bitcoin changes with time. At the begininig it was mainly used by bitcoin enthusiasts on dark markets and for crypto trading and now it's more and more often used in everyday life of an average user to buy everyday goods and services, the bitcoin debit cards have appeared. For me it's quite normal to go to the store in the area I live and pay with bitcoin on my card. Few years ago something like this was beyond imagination.
full member
Activity: 742
Merit: 101
October 26, 2017, 08:58:45 AM
Well for me the most important thing bitcoin can do is to allow me to go shopping online. It's very convenient because I don't need to go to malls anymore. Also, what I like about bitcoin is that you can use it for gambling, which is one of my hobby.
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