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Topic: What are the most common uses of Bitcoin? - page 58. (Read 8484 times)

full member
Activity: 238
Merit: 108
October 18, 2017, 12:59:17 AM
#23
For me the most common uses of bitcoin is to provide cash assistance for basic expenses of many people then savings for some and investments for those people who believe that they will earn good profit by holding bitcoin even in a short period of time
member
Activity: 80
Merit: 11
October 18, 2017, 12:58:14 AM
#22
the most common use of bitcoin are that i am using it for my daily base needs like whenever i want to have a good meal shopping or stuff like that i am using it for my that purposes.although everyone has its own sort of wishes for bitcoins bu to me i have explained that earlier.
legendary
Activity: 2898
Merit: 1823
October 18, 2017, 12:53:38 AM
#21
I cannot believe no one has posted 3 main uses yet. As of today the main and common uses are, the buying and selling of drugs in the dark markets, money laundering, and gambling.

Then there is the fourth which has been gaining in popularity, payment for ransomware demands.
hero member
Activity: 2590
Merit: 644
October 18, 2017, 12:41:50 AM
#20
The most common thing that i use bitcoin is to just make money because that is why i am living in a great lifestyle because of bitcoin and i want to maintain it so i am working in bitcoin and i am using it to trading altcoins which is very easy for me and i can easily make at least half of a bitcoin every 2 weeks and i can do it because i worked hard in learning the basics of trading and the possible strategies that i can use to it.
newbie
Activity: 13
Merit: 0
October 17, 2017, 11:46:35 PM
#19
Assuming you bought Bitcoin because you heard/think it will increase in value, why would you want to spend them to buy something with such a valuable currency?  I am also assuming this is not your only savings or have drained your savings account and are counting on Bitcoin to increase before your rent is due.  Just one person's view.  D
full member
Activity: 353
Merit: 100
https://luxantdigitalbank.com/
October 17, 2017, 11:44:11 PM
#18
bitcoin is a currency which cannot be traced it is super cool that you can get anything out of it from high end luxury till a normal pizza say for example there are even luxury hotel which  accept bitcoins as part of their payment for hotel stay.There are even gun dealers who accept bitcoins as part of their payment from some online website.grass hill alpacas company is also giving selective products in exchange for bitcoins there is even website available to order for pizza and they take bitcoins as their payment i have even seen animals for sale in exchange for bitcoins
sr. member
Activity: 979
Merit: 258
October 17, 2017, 11:18:59 PM
#17
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 think that's the most common uses of bitcoin and i agree to you but let's more be specific. we know that the bitcoin is an online cryptocurrencies and being alive in the internet. I think the most common uses of bitcoin is to make the negotiation faster in the economy and the bitcoin have this traits and the next most common uses is that's what your typing.
hero member
Activity: 826
Merit: 501
October 17, 2017, 11:11:08 PM
#16
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 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, but some country like ours, bitcoin is not yet so popular therefore we wil convert it first into a real money to buy anything and support our financial needs, so bitcoin is our finacial assistance and others are their source of income.
sr. member
Activity: 616
Merit: 256
October 17, 2017, 11:02:19 PM
#15
for what a fiat can do , a bitcoin can do. it is an innovative way as a medium of exchange thru computer networks.bitcoin could have been used for mass adoption to consumers, retailers and merchants but due to its slow transaction capacity its potential for mass adoption has never been materialized, so what the others do is they use it as a form of asset and investment like in the stock market.
member
Activity: 162
Merit: 10
October 17, 2017, 10:50:29 PM
#14
Bet on gambling. Money laundering. Arms and drug deals. It is convenient for officials to transfer property.
The most important thing is to buy pizza. Smiley
full member
Activity: 630
Merit: 102
October 17, 2017, 10:42:21 PM
#13
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
hero member
Activity: 798
Merit: 501
October 17, 2017, 06:18:41 PM
#12
The common uses of bitcoin these days Online and technology related goods and services,you can buy/sell online goods or service for Bitcoin.
Very honestly in present time we are commonly using bitcoin for trading and investment purposes. But still some people are also using bitcoin for online shopping, while there are even some kind of people who have the facilities to use bitcoin in their local shops, as in some places even local shops are accepting bitcoin for shopping.
hero member
Activity: 1134
Merit: 502
October 17, 2017, 05:00:56 PM
#11
Common is that you can use it mostly anywhere like flat money which doesny require that you need to be there but you can use that anywhere you are, anytime you want that is the best thing because you are in control and you have the freedom and it will save you a lot of time.
sr. member
Activity: 552
Merit: 250
October 17, 2017, 04:56:49 PM
#10
Basically Bitcoin can be used as fiat currencies, to buy and sell goods and services online and offline. Its in fact created to be a currency. You can also use it to trade altcoins easily. And you can make money by holding it because its price increase highly
full member
Activity: 518
Merit: 101
October 17, 2017, 04:47:09 PM
#9
The common uses of bitcoin these days Online and technology related goods and services,you can buy/sell online goods or service for Bitcoin.
full member
Activity: 308
Merit: 105
October 17, 2017, 04:50:57 PM
#9
participation in the Ico, exchange for Fiat, purchase of altoquin and accumulation. I think this is actually the entire list of the main uses of bitcoins. i think it become cheaper in future
sr. member
Activity: 406
Merit: 250
October 17, 2017, 04:31:08 PM
#8
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.


It was earlier envisaged that bitcoin will become a currency itself and it will be used for online and offline purchases. But nowadays bitcoin is used more as an investment because of the huge future potential. Also with a lots of traders around, it is also being used as a speculative asset for trading. I believe the main roadblock for bitcoin is its confirmation time. That's why ETH is used as a transaction processor more than bitcoin due to its near instant transaction.
staff
Activity: 3304
Merit: 4115
October 17, 2017, 04:05:25 PM
#7
Whatever you can do with a traditional currency can be done with Bitcoin. We are now at the point that there are several companies which offer to purchase an item on any website and you pay via Bitcoin.

It's not currently the most easily accessible, but we are certainly making progress.
newbie
Activity: 12
Merit: 0
October 17, 2017, 03:31:24 PM
#6
You can use it to buy altcoins! Cheesy
sr. member
Activity: 586
Merit: 255
October 17, 2017, 03:24:28 PM
#5
You can also sell online and accept Bitcoin as a payment method. I also pay for website hosting using bitcoins for an extra added layer of security.

You can buy practically anything with cryptocurrency. Dubai is also selling condos for 250BTC which are located in private islands. The sky is the limit of what you can buy with cryptocurrencies. 
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