There's not a single bitcoin ATM in my country so I haven't tried using one ever. Having a bitcoin ATM seems convenient to have especially for bitcoin users like us but the fees and waiting time makes it a bit discouraging. That sounds like a long time for you to wait for confirmation. If that's the case, wouldn't it be easier and more convenient to just use an exchange wallet instead?

That sounds great! I hope the other countries would do the same. Education is key to success and I think if we spread more information about Bitcoin, it would provide more opportunities especially to the youth. Cryptocurrency and blockchain technology are concepts that should be given more notice and recognition worldwide.

As users, let's continue our support for the promotion of Bitcoin!

Yes! Come to think of it, even if Bitcoin is open to everyone and available for use to all classes in society, those belonging in the lower classes do not have the resources to access Bitcoin.

Just imagine, you need to have internet and a device such as a laptop/computer or cellphone for you to gain access to Bitcoin. Of course those from the lower class do not have the luxury to have these things. Also, there are other expenses such as having to pay for transaction fees and the like.

To be frank with it, Bitcoin is available to everyone and to all levels of society but sadly not everyone have the means to.

That's true, there are a lot of rich folks who have a lot of possessions and can afford anything but are not happy or satisfied with their life. The world revolves around money but we have to keep in mind that there is more to life than getting rich. Some people's end goal in life is to become rich, and spend a lot of effort and time to earn money. Money is unarguably a necessity but really it is not a measure of one's success.

I wanted to ask the same, where exactly are these bitcoin ATMs sprouting up? Because where I'm from, there's not a single bitcoin ATM in my country as of now so I'm not sure how it works and how high the fees are.

I initially thought that Bitcoin ATMs would be convenient for the Bitcoin users, and would serve as a handy exchange. I didn't think that it would be a scam and I instead thought that it would function like the ATMs of a bank, providing convenience to the bank account holders. However if the fees too high, then that is unfortunate.

Legally speaking, you would have to make a police report so that the criminals in question may be put to justice. But if you just want people to be aware of these kind of scams, then it would just be best to expose them as you did by posting here in this forum. Since you are not concerned in getting your money back, which is as well might be hard, then I don't think you need to go to the police.

The choice of course would be up to you. International law and jurisdiction is sometimes tricky, especially with cases pertaining to crimes and scams like this. With the evidences you mentioned, it may be hard to prove your case much less gather the security cam footage. My advice to you is to be cautious next time and to warn your friends and fellow btc users.

Obviously, having the need for insider info means that trading is more than just guessing. I agree that it is not needed but it could help the trader in determining the best time to buy or sell. From insider info, the trader may be able to make predictions out of it. More than just guessing, you have to research and learn the trends for you to make good trading decisions. There's a risk to trading, kind of like gambling, but it has lower risks of losing or winning.

Yup, it's true. Some of the campaign managers are also very sloppy, and are not that very organized. Some don't even use escrows so the payments are not trusted. I agree that bounty participants should be paid even when the project fails or when the payout for the token sale is not met. It is unfair for the participants who have exerted effort and wore their signatures for their campaign.

I guess that one should just learn and research on the ICO first before participating so that you don't waste your time and effort.

I'd probably open an online shop that would allow the Bitcoin users to purchase a variety of items such as clothes, shoes, accessories and other assorted products. Something like amazon or eBay but the payment system accepts BTC. I think that this provide more options for the BTC owners of where to spend their bitcoin and at the same time, it would attract other people to use Bitcoin.

I agree, Bitcoin could be a good example for them. What's good is that BTC is a digital currency, so they won't be able to spend or use it without some help. Ever since I used Bitcoin, I became conscious of my finances and expenses. It has taught me to become more mindful of my savings and expenses. This could do the same for kids, although I think that Bitcoin may be too technical and advanced for them. Mining might be too much for them to grasp, but it might be good to show them how to save and to start as early as now. Or you could open up a bank account for them to make them save up themselves.

I'm not a miner, an investor, nor do I do any btc transactions in the black market. I've been keeping my BTC earnings so that I start with trading in the future. For now, I've been trying to educate myself on how to trade while at the same time I've been saving up my BTC earnings. I also intend to keep some of my BTC for long term investment.

When the need arises, I exchange some of my BTC for extra cash or to spend on some needed expenses. There are a lot of ways to use Bitcoin, but I think its best to invest it.

It's true that you can generate good income from signature campaigns, especially when you have an account that has a high rank but you shouldn't rely on it that much. Signature campaigns can't be counted as steady income because they may not last long. A signature campaign may end in a month, or even less. Just consider it as side income. To have a steady income it would still be best to look for a job, because this would give you a fixed salary.

For one to withdraw large amounts of money from a bank, I think you would be able to do so even if you are a minor so long as the account is under your name. There are some banks, however, that don't allow minors to open an account under the name unless it is linked to one with an adult. If you were to withdraw a large amount from an exchange wallet, I think you would need some verification. I think that this would depend on the policy of your wallet, so you might want to double check on that. Perhaps if you break down your withdrawal to small amount, a minor might be able to do so.

Unlike you, we don't have debit cards for bitcoin here in my country. It's initially hard for me to introduce Bitcoin to family and friends, much more with strangers. I try sharing about Bitcoin to them through word of mouth, and by showing them my coin wallet and this forum. I would tell them about the benefits there are to Bitcoin, and introduce them to trading and investing. I also have a twitter account to retweet about Bitcoin news and information but it doesn't have that much followers.

It will take much time before the world shifts toward mass use of a digital currency and Bitcoin will replace fiat money as a currency. Currently, many countries have recognized Bitcoin as a currency and I think that this is a great step towards it. For this to happen, I think that it should be first be made available to everyone. Everyone should have access to it, and technology should advance to allow convenience for every user.

It may take several years first before this may happen, but I think that a shift towards a cashless society and the use of digital currency would revolutionize society and its use of money.

It's hard to tell and predict whether and when the price will go up or down, but so far the trend of BTC price has been increasing. Decide for yourself when is the best time to buy, because the price is really unpredictable and experiences frequent fluctuations.

If you want to start out trading altcoins, I suggest you research thoroughly on what altcoin to buy and invest on. It's inevitable for you to make an investment for you to able to get into trading, so I suggest you either earn a bit first or borrow. Also, be prepared to lose some because there are always some risks in trading.

I haven't heard about Bitcoin as early as 2009 but my first encounter with Bitcoin was in 2015. However, I started out with Bitcoin just this year. Back then, I already made a wallet but I could not fully understand the concept of Bitcoin so I eventually lost interest for it and simply ignored it. Had I already made some investments back then, I might have earned much more especially with the much higher price for BTC.

It's not unlikely for one to be skeptical back then when Bitcoin was not yet that popular as now, but there's no need to regret it because you can start now. Bitcoin still has a long way to go and has high potential to grow even more.

I agree, this benefits both the casino/hotel owner and its customers. It's good to hear that more in the industry are accepting Bitcoin now. Perhaps this hotel is trying to keep up with its consumers because they probably encountered Bitcoin or there may be a lot of tourists that use Bitcoin. Other than being a great investment, Bitcoin is becoming more and more adaptable as a currency. The casino business should have allowed its guests to gamble using Bitcoin as well, because there a lot of Bitcoin holders and users who gamble.

More power to Bitcoin! May it be accepted in many more industries as well to allow ease and convenience to its users.

I've been earning bitcoins without investment by joining a signature campaign, which is one of the many ways to earn Bitcoin. You can also check out other sites that offer to pay Bitcoin in exchange for services such as freelance projects, graphic design or data entry jobs. There's a section here in this forum that offers some services so you might want to check that out because there's a lot of options for you there to earn some Bitcoins.

Among the various ways mentioned here, I think these are the best ways as compared to faucets or gambling.

For me, buying real estate is a good investment. If I were to buy one now at a cheap location but is located somewhere that is developing and has the prospects of appreciating over time, then I would have the option to sell it at a much higher price in the future. Also, I could have it rented out and this would give me passive income. Or maybe I can use it as a collateral.

I don't have enough Bitcoin yet to do this especially at present since land is expensive especially at urban areas but in the future I plan to do so because buying land and property is a good asset.