What are the most common uses of Bitcoin? - page 7.

newbie-hero

full member

Activity: 518

Merit: 100

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 is first of all an investment asset. I don’t know the cryptocurrency that more popular than Bitcoin. And its development will be continued. Believe me. We will see like major banks will accept Bitcoin.

hoomg

newbie

Activity: 164

Merit: 0

You can use it for investment. You can use it to buy tickets. You can use it for shopping.

Lilianaser

member

Activity: 308

Merit: 10

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 an investment vehicle because bitcoin will continue to grow in value.

I want to know other important uses of it.

Perhaps the utilities you mentioned can only be done in some countries that strongly accept the existence of Bitcoin. Because if in my country something like this is actually still very prohibited but many also do it secretly. But for me, the most important use of Bitcoin is Bitcoin can be an investment asset for the present and future. And I've seen the proof of those around me who made it since investing in Bitcoin. Bitcoin is very profitable for its users.

OnlyTomorrow

newbie

Activity: 29

Merit: 0

The common uses of bitcoin these days is Spending Money Privately, Low-Cost Money Transfers, and Day to Day Purchasing of Normal Goods

julzcoinbit

full member

Activity: 434

Merit: 105

In my perception aside from what has OP mentioned above. Bitcoin are commonly used by investing in any kind of platforms of ICO and mostly used crypto currency trading. This is also converting fiat for their daily necessitiesla.

BEZOP

newbie

Activity: 168

Merit: 0

Investing is the most common use of Bitcoin. Maximum people get huge profits to invest in (btc). In addition, it is used to pick up tickets, book hotels, pay utility bills.

RuslanSamui

member

Activity: 126

Merit: 10

Hello everyone, the most common form of using bitcoin is its storage. I bought and do not touch his year another

cmacwiz

sr. member

Activity: 704

Merit: 270

Quote from: herrytephe on October 17, 2017, 02:58:00 PM

You already know the outline, so basically you use bitcoin for online transactions like buying and selling almost anything

There's various use of Bitcoin. It is a digital currency so mainly it is use digitally all over the world. There are more than 100000 online retailer using Bitcoin for trading because bitcoin charge low transaction cost. You can buy household products directly from overstock. Com with the help of Bitcoin. People mainly use bitcoin to buy their daily use things, so they can buy their daily stuff from Amazon by using your Bitcoin. Many big software company like Microsoft, gaming company like green man game are also taking Bitcoin instead of real cash. You also use your Bitcoin for booking a flight, hotel room etc.

Ethernel

member

Activity: 118

Merit: 10

I think that today, in terms of volume, btc is mainly used to invest in other altcoins. It's not yet democratized enough to be commonly used to make purchases:(

WolkGold

newbie

Activity: 139

Merit: 0

After the utility and efficiency of bitcoin are common. Earlier it was quick money transfers and shopping with retailers accepting bitcoin. Right now, I think bitcoin is becoming more and more popular as a potential investment. By the value of bitcoin can be greatly increased. Users will be aware of this potential and not use them for any purpose other than investment or business.

Majharul Saiif

member

Activity: 512

Merit: 10

BountyMarketCap

Btc don't legalize by all government in their country.So,it is difficult to use Btc in all places.But you can use this in many countries where Btc is accepted by their government.Now the most common uses of Btc is that it is used by all investors to succeed ICO and the currencies are accept Btc to promote their currency.

cryptojaani

member

Activity: 252

Merit: 71

Quote from: Xerox101 on April 10, 2018, 10:57:55 AM

As of now, the main purpose of the bitcoin was an investment, since many people buy bitcoin because of playing the price in the market. many people expect the price will rise so that they will earn profit. In the future, additional common use of it will be as currency where they can use it to purchase something.

People are using it for investment but as bitcoin is a digital currency so its main fucntion is a currency but at this moment, it is only limited to people who are living on countries where it is legal and supported as a currency. Anither function is an asset or investment where investors and users are getting huge profit as its market value is getting mire expensive as time is passing by.

Hasitha1001

newbie

Activity: 50

Merit: 0

Bitcoins are used as online payment for transactions

jones stone2505

newbie

Activity: 110

Merit: 0

If you want to buy something like shoes or clothes.
If you go to a cafe
For online shoping too.

And for many more.

[email protected]

newbie

Activity: 121

Merit: 0

Now bitcoin is full of investment and speculation. I think people should pay more attention to the actual use of bitcoin. The latest news I get now is that bitcoin can be used on some shopping sites

van jones2594

newbie

Activity: 115

Merit: 0

We can use bitcoin for online shopping for buying and some restaurants also accepting the bitcoin.

luis fantom15

newbie

Activity: 121

Merit: 0

The most common use of bitcoins depends like here in my country the people are doing shopping in great malls with their btc. some other are investing them in online trade and earning handsome btc in return

toral host25

newbie

Activity: 113

Merit: 0

Bitcoin was made for peer to peer transactions. You can also earn some fiat by buying and selling bitcoins to usd nor altcoins. And the value of bitcoin is higher and the movement of the coin is unpredictable.

fanita

full member

Activity: 230

Merit: 100

bitcoin is the main platform used to invest in an ICO project, one of the most saving tools for a secure future, and bitcoin has a high return compared to current gold and has been proven.

xiboothrezi

sr. member

Activity: 1246

Merit: 285

Quote from: aimata27 on April 10, 2018, 06:22:40 AM

Well I think the most common and main use of bitcoin is how it can be a mode of payment transactions online.

But, most governments limit the use of bitcoin as a means of payment. The reason is related to possible criminal activity with bitcoin. So far bitcoin is more effectively used as an investment tool.

Topic: What are the most common uses of Bitcoin? - page 7. (Read 8484 times)