Whats your most common uses for cryptocurrencies?

@Hakermania@

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Quote from: W.Wander on January 22, 2019, 06:56:21 PM

What do you use cryptocurrencies most often for? If you thought about what cryptocurrency you use the most and what your favorite/most often use case is for it, what would it be? Obviously if it's private and you don't wish to share that's fine, I'm just curious to see what's being used and where people go most often for purchases, maybe pick up some new websites to visit for stuff I haven't found yet, or just share some places with other users who don't know many places to spend at.

What would the websites be, or physical places you visit for your purchases? Anybody offer discounts for cryptocurrencies or anything special? Like, what is the drive that gets you to get and use cryptocurrency for a purchase over a credit card. Special things you can only buy with crypto's or special discounts or anything, or just for the ease of transferring funds mostly?

----Edit---- Adding an edit here, thank you everyone thats posting.
***To all those that mentioned they make purchases for various things, would you care to share actual websites you visit? Sharing the names/links. The purpose of my post was to get people discussing about where they transact and to make a recommendation of where they do like to visit so that other users can see new places where they can transact where they've never known they could before. Which, if you look in this thread you can see there are quite a few people posting in just this thread alone that don't really know anywhere at all that they can go to transact with their cryptocurrency's. So to all who mentioned what they like to make purchases on, could you make direct recommendations of what those sites are that you like to visit?****

That was the purpose here, I gave one of my recommendations with Gyft website. So all of us to know where we can transact with our cryptocurrency's, let's help out those in this thread and that may read this thread find places where they can actually make purchases and utilize their cryptocurrency.

I personally use cryptocurrencies to make other cryptocurrencies (speculation, trading) and to buy amazon vouchers Grin

Mila52

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In my country don't use cryptocurrency. Therefore, for me, the ETH is only as holding, investment and exchange for fiat. Although it would be nice to hold it as part of the savings in the retirement account.

palle11

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I simply use it as a store of value or an asset. For instance with bitcoin, I buy when it is low and wait for a bull. I also use it as source of exchange for cash.

sijonru

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Quote from: chikading2016 on February 08, 2019, 03:42:11 AM

Well i believe that the most common used of bitcoin is for investing in crypto, because with the used of bitcoin we can buy a different kinds of coin to hold and earn when the price of the coin goes up. I believe that bitcoin is also ised to fulfill our daily needs because it can be change yo fiat and we can used it anytime.

At present the most common is for investment and some become short-term trading capital. I think everyone will think the same, because cryptocurrency is the future of digital money so that investment from now on hopes that prices will rise and make big profits.
If it is used to pay for buying goods in my country it is not permissible, so it is most common for investment. The regulation of cryptocurrency central bank is only for investment, not payment instruments. Therefore if it is used as a means of payment it means illegal actions.

saffira

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Cryptocurrency is an investment for me. In the Philippines we are using the Apps Coins.ph. Through this App, you can monitor daily rates of bitcoin and ethereum. That is where I buy prepaid loads which I use for my internet. I also use it to pay bills like credit cards and electric bills.

Nurul_

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if I use bitcoin and altcoinstalks that I have. mostly just for investigation bro. because in my country in Indonesia. bitcoin is still banned from using goods in the real world.

jerrison

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the use of cryptocurrencies cuts across different spheres as long as it has an online presence or a digitised system of payment structure. it has been noted that most of the online transactions today are carried out using the cryptocurrency framework and i happen to have all my online transaction within the blockchain space and non other

kotajikikox

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For me the common use of crypto is convience for fast transaction sending to my family and friends and also i use it to pay bills online system.

Timmzzy

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My most common used of Cryptocurrency is to trade for Fiat, and also get to make some transactions from companies and other organisations.

miropp

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I'm not actively using crypto, but I'd like to do that. Now there are enough websites and online stores on the Internet where you can pay crypto, but I would also like to have the opportunity to pay it in everyday life.

Moshaid

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That will be trading, investing, buying goods and paying for services with my token which I find more easier to use on the blockchain network.

Caladonian

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Quote from: boyptc on February 08, 2019, 07:49:32 AM

Quote from: chikading2016 on February 08, 2019, 03:42:11 AM

Well i believe that the most common used of bitcoin is for investing in crypto

It became the most common now but before it wasn't.

The main reason and use for bitcoin to be exact was being a payment method. People just learned on how quick its price changes so there's an opportunity for us to take with it which led us to treat it as an investment.

Right, it's supposedly being use for payment process but due to many people seen that opportunities, they grab it and instead of using it they keep it for investment purposes, but for sure eventually it will be used a normal digital currency where we can buy or pay for something using this system.

There's already adoptions coming from different countries so surely it will adds up more usage for cryptocurrency.

radjie

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Quote from: W.Wander on January 22, 2019, 06:56:21 PM

What do you use cryptocurrencies most often for? If you thought about what cryptocurrency you use the most and what your favorite/most often use case is for it

The favorite thing I often do from cryptocurrency is trading from it and making cryptocurrency an online payment transaction tool that can make it easy to buy various personal needs that I use at a relatively low cost compared to using the real currency burdened with quite expensive taxes

kramchers

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For me cryptocurrency is the first base of new platform of investment while there are works created too in the community.
This crypto can change the world as new nature of work at the same time we can have alternative work for those unemployed.
As for me the main use of crypto is for bills payment as it is acceptable in my country.

fosco333

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The most common thing i do with cryptocurrency is trading because it can be profiting if my prediction hit.
Another thing to do with crypto is investing on a very good project which is real, not scam one.
But i think there are many other activities in underground world using cryptocurrencies.

romero121

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At the beginning I had an understanding that it is a global token that it can be used all around. I never had a big thought about the technology behind it. Later through the discussions on the forum understood better about the technology that is making the change. Later went on using bitcoin into my needs. Made an entry into gambling and started using bitcoin which is the most used platform.

johnny508

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I have used in occasions to buy certain things and the experience is much better and efficient than paying in cash using fiat currencies or other form of online transactions via banks but like many even I frequently use them in exchanges because actually I don't see much sites that provide the option to make payments using cryptocurrencies which is very sad but the situation is changing day by day with more adoption so in the future options to use crpytocurrencies as payments will be high than today

Daniel91

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In the beginning I used btc in order to cover some of my personal expenses and also to invest in my business.
I also tried to trade.
Now, I just hold because price is to low.
No meaning to sell and it's difficult to trade.

pat4cryptoreal

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There is an organization in my country that normally promote cryptocurrency through trade fair, so I have purchase several goods with cryptocurrency, ranging from electronics, phones, clothes and food items.

mostcrack

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if only I had a lot of bitcoin in my wallet, maybe I would use bitcoin more often as a payment tool. because this is an action to help bitcoin better known by many people. but unfortunately, I only use it when it is urgent for payment. because I myself tend to use bitcoin as an investment.

Topic: Whats your most common uses for cryptocurrencies? (Read 23068 times)