What are the most common uses of Bitcoin? - page 50.

moanamakeway

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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.

Those are just some of the uses under merchandise. But I think nowadays, the most common use is for inveatmeng. It made people have some amount to hold onto without using a bank. Also bitcoin is commonly used for trading to other coins as thos earns more in a passive kind of way. I do hope that many uses of it will soon emerge as bitcoin starts to rise.

z38630610

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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.

There are many ways to earn and spend bitcoin in internet. You can use it like you said. In addition you can use it on gambling sites. Not only with bitcoin you can maybe buy alt coins and then invest. There was a friend in this forum. He had a post that he travelled world with bitcoin. If you want you may also travel countries that you didn't go before.

lenovo16

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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.

The common use of bitcoin for me are sharing load and paying bills. In sharing load,anytime I can buy load for myself and for may friends as long I have my internet connection. And the second is paying bills, it makes my life easy. Because I dont need to go a store just to pay my bills. I cant do it online through the use of bitcoin. That's how important the bitcoin was.

Xanxus024

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Bitcoin commonly use for shoping online,trading,gambling online,buying online games and more. but the advantages using bitcoin is decentralized cryptocurrency which allow us to process digital uses of exchange thats bitcoin and the good thing is no authority or bank to control us for using bitcoin.

nesterpu

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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 bitcoin is only popular in trading or popular transactions. The use of daily payments is very rare.

DrYe5

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Quote from: newlone on October 25, 2017, 02:31:03 PM

The things you mention can hardly be used. Bitcoin is used mainly for trading and hold it as an asset.

The most common use of bitcoin is trading and monetization on it. If someone has already taken care of it now, it has a lot to do and it can be a lot of work. All the more so, that the BTC course is constantly growing and there are no changes.

MrASH

newbie

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Bitcoin is a cryptocurrency, like other real money it have a lot of usage like in other country that are already using bitcoin in their society they can use it to buy anything they want. Undecided

newlone

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The things you mention can hardly be used. Bitcoin is used mainly for trading and hold it as an asset.

heroic25

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i hv some satoshis valued around 12$ i use them for mobile recharge

ronafurw

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Quote from: Kmrherradura05 on October 24, 2017, 08:12:10 AM

The common uses of Bitcoin that I know are as follows:
-Bitcoin can be use to pay bills such as meralco bill..etc.
-it can be an investment
-it can be use in hotel accomodation
-it can be use to buy foods in some restaurant
-it can be use to buy online games including updating the games and power up.
-it serves as an extra income

That is all that I know in Bitcoin...I hope you can add up some that I do not know yet.

The points that are mentioned above are 110% right bitcoin can be used in any mode one can use it for generating huge money and gaining huge profit through investing in it, it can be used in the shopping from the online stores and there are a lot of stores that are accepting bitcoin as payment and this thing is bring revolution in the world that’s why people are ore rushing toward this beneficial coin to earn.

Kmrherradura05

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soohi

The common uses of Bitcoin that I know are as follows:
-Bitcoin can be use to pay bills such as meralco bill..etc.
-it can be an investment
-it can be use in hotel accomodation
-it can be use to buy foods in some restaurant
-it can be use to buy online games including updating the games and power up.
-it serves as an extra income

That is all that I know in Bitcoin...I hope you can add up some that I do not know yet.

sonic212

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bitcoin greatly opens employment for people who have not yet got a job like this btc diforum, even around the world with bitcoin. as a huge asset to the community. So with this forum in our country with bitcoin is helpful even more helpful than ever. Much is gained from the hard work of their acquired bitcoin cars and homes, the more companies I am very surprised by my changes with bitcoin does not take long to succeed. Our important thing is there is a sense of success we get.

Bellator

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Quote from: SmartMesh on October 23, 2017, 08:30:48 PM

As a store of value, similar to gold or stock. The idea is that you buy bitcoin and it holds or ideally appreciates in value.

Bitcoins as a cryptocurrency people mostly used in purchasing goods,gambling and sometimes it can be used to purchase services
and it can be also used to hides someones asset, but for me there is one only used of bitcoin, that is why i spend too much time
only to earn on it because i used to support my daily financial needs by converting it into cash.

neo444

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You can mining with bitcoin also you can use your bitcoin in trading site and earn much more with that cryptocurrency

djgtr

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Quote from: admissions on October 24, 2017, 06:35:31 AM

Buying online digital goods I think. There aren't many places which deal in Bitcoin for physical goods.

well i think bitcoin most common use is for investing and for profiting asset maybe some people use it to pay bills or buy load etc.but the most common use of btc is investing in short it is a profiting tool .and it really works we can gain by only holding it for a long time.we have al know that bitcoin is an investment it is a nature of investment that we can gain profit even if we only hold in for a long time bitcoin is really amazing.

admissions

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Buying online digital goods I think. There aren't many places which deal in Bitcoin for physical goods.

ObscurePen

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Lol. When you say it, you manage to downgrade Bitcoin a substantial amount. The thing is, this is pretty much true. There are a few other trivial things that you can use Bitcoin for, but they are numerous and hardly worth mentioning. The main use of Bitcoin would be for investing and trading.

The sad truth is that not many people or organisations allow Bitcoin as payment. So you can’t really use Bitcoin to buy their commodities This seriously downgrades Bitcoin. Theoretically, you can use Bitcoin for anything. (it is like money or fiat) But practically this is not the case.

DoublerHunter

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Quote from: no0dlepunk on October 23, 2017, 08:40:52 PM

I use bitcoins to transfer money from Manila, Philippines to Sao Paolo, Brazil... so far this is the most convenient way for me to send money to my brother which I do not have to convert currency before sending it. On the other end, my brother can store the money in his wallet and not spend it right away.

That is a great example of using bitcoin as a way of transferring money from one place to another and if i were you, i will tell my brother to not spend bitcoin because it has a good future and its price can go even higher than the price right now and it is best to store the most of his bitcoin and spend the few for expenses so he can balance the bitcoin enough to have a good money for expenses and investment.

Sketztrophonic

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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.

There are so many uses of bitcoin. First of all this is a virtual money which mean the basic use of bitcoin is by trading online or making transaction online. on the past years cryto-currency is the main money of the gambling site. Then it got trending that the value of this coins got high which we do not expect. but know you can use bitcoin on buying anything online use it to buy items on which site that accept bitcoin as payment. And most of all you can convert this virtual money into real money.

Phantomberry

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The number 1 use is of bitcoin is to use a transaction or a making of money there a lot to do in bitcoin it has a capability to reach your goal and it has safe than usual transaction.

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