In real life i will spent it yesterday i need cash so i convert it in peso. We used bitcoin for only pay bills but if we need it to buy any thing we convert it in cash so we do spent money from bitcoin. Some people here in philippines they did not know how to use bitcoin but i think many of them heard about bitcoin.
Same is the scenario in my country where people have heard about bitcoins but not using it as they feel its risky to invest money it and have a feeling that it will not survive in long run. well thats a really sad thing, a lot of people dont use bitcoins because they think it is bad even though it is far away from the truth that bitcoins give benfits The major issue is that they lack knowledge about bitcoins and they get carried away with what they listen from other and that is the reason they are not using it. yeah, the lack of knowledge is real and people dont do anything about it to solve the problem, i think that people will always thing that bitcoin is bad Well if they are going to realize and study that bitcoin is real for they are going to spend bitcoins in real life. Just like me, at first I don't believe that bitcoin is being used for different transactions in the web. And from the past months, I am really a spender of bitcoins in real life. I am buying prepaid load cards and using it for my internet. Me to i also spend it by exchanging into fiat because here in my country bitcoin is not accepted in grocery stores even in a mall it only accepted in online shopping and paying my bills. Good thing that there is an exchange site here in my country that do accept bitcoins for any service that they are offering. And for sure there are more services to come and I want them to offer some products they can offer in physical goods so that whenever they are going to offer it. More people are going to know about bitcoin. |
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I would probably just spend it all in games.
Woah! Man that's a big amount to spend it all in games, you must be specific on what games you are referring too because there are a lot of types of games. Games in computer, real life games or gambling games. But I would say that it is your decision and if someone is going to give that to you. You are the one to manage it. |
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banks are aweful yet useful for day to day payments and transactions that bitcoin cannot reach, but they try and often succeed in adding fees and doing really shady things to your money, bitcoin is solid and better, cheaper yet not as status quo as banks imo
That's really what banks are for, they are charging some hidden charges that even a minimal use of their service they are going to charge. I really hate banks doing that, but if you are just going to complain and have to explain that fees you don't recognize for sure they are going to give back the amount they charged from you. |
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i dont think so they're a bit different one physical and one digital, but in the future i'm certain all will be digital but not yet, for the prize to go up in time i say yes but people are different, if this makes sense
Fiat will always be worthy because we used to it. The people are more familiar on using fiat money instead of bitcoins price. And whatever the price of bitcoin is going to be for sure many people are still going to rely to the use of fiat money. But if the government is going to allow bitcoin to conquer over fiat money then it is going to be worthless fiat. |
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want to say something but don't know what..
just drive responsibly in your time machine mmkay?
Why people are referring to this time machine? It is impossible to get back to the past and don't think back because your mindset will just going let you fall again and again if you are still going to go back in the past. Move on and go on your way for your future to get rich. Focus on it, this is the right time to think for it and work hard for it. |
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Bitcoin, because it's easier to trade, store and protect.
Well you are right with it, it's easier to trade with bitcoin because if you are going to buy bitcoin you can just simply store it and let the price of bitcoin trade for you and once the price is higher then you can trade it again to fiat money or you can just buy an alt coin and you are the one that is going to do the trading. Bottom line is we can trade bitcoins anytime we want unlike gold that you need to store it for a longer period of time to make profit on it and besides if you have your bitcoins in your wallet you can easily cash out in times of emergency. Yes that's the goodness of using bitcoin for trading. We can just trade anytime we want. But with gold we need to find first those people who are going to be interested to trade with their bitcoins. But there are certain characteristics that gold has. One of it, is that as the time goes by its price is just continuous increasing and it doesn't fall. |
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I think bitcoin in whole will continue on this upwards trend, but there will probably be drops during this year. I think that Bitcoin will reach around 850 but it will stabilise at around 750.
Hopefully the price is going to happen that way. I am hoping that because of the continuous rise of bitcoin. The price is going to increase too and that is a good price at all stabilizing the price at $750 - $800 that is really a good amount at all. We just need to wait for it. For sure next months we can see the effect of halving or if not next year. We should have a very conservative projection now and that amount mentioned can be achieve anytime this year and trust me and trust you self as that is the only way you can earn in your investment. Yes that is what we have to do right now, we must trust bitcoin and wait for the further things that are going to happen with bitcoin. And I know it is going to increase in the future and we just need to be patient at it and don't lose hope on it because things are going to be done well now in bitcoin. And next year would be another rise. |
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i would definitely just hold all my bitcoins then as in this way i would make a lot of money, holding is the best thing you can do for sure
Well that is a wise thing to do, me either I'm going to hold all of that amount until the price is going to be good at all. And after that, I am going to withdraw it and going to buy anything that I want or if not I'm going to allot it first to build my small business like small store in real life. And going to focus again with bitcoin. |
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In real life i will spent it yesterday i need cash so i convert it in peso. We used bitcoin for only pay bills but if we need it to buy any thing we convert it in cash so we do spent money from bitcoin. Some people here in philippines they did not know how to use bitcoin but i think many of them heard about bitcoin.
Same is the scenario in my country where people have heard about bitcoins but not using it as they feel its risky to invest money it and have a feeling that it will not survive in long run. well thats a really sad thing, a lot of people dont use bitcoins because they think it is bad even though it is far away from the truth that bitcoins give benfits The major issue is that they lack knowledge about bitcoins and they get carried away with what they listen from other and that is the reason they are not using it. yeah, the lack of knowledge is real and people dont do anything about it to solve the problem, i think that people will always thing that bitcoin is bad Well if they are going to realize and study that bitcoin is real for they are going to spend bitcoins in real life. Just like me, at first I don't believe that bitcoin is being used for different transactions in the web. And from the past months, I am really a spender of bitcoins in real life. I am buying prepaid load cards and using it for my internet. |
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Till bitcoin is not accepted by any country as legal currency it can't change fiat's price even if price is $9999999, but in future everything can change, we'll see.
Yes we will see it in the future, everything can change in the future. Especially when a country is going to adopt the use of bitcoin. But as of now, still there are a lot of people that doesn't know about bitcoin because they think that it is not worth it at all. But if the price is going to be $10,000 by that time there is only one thing I can assure you guys, we are going to be rich.  |
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Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement
Thanks for the advice, I will put into practice. lol Better do it now, don't waste a single time. Identify all the resources you will need, plan, analyze it, make a prototype then finally design it fully. Humans are so smart and I know they can do this thing. Seriously? For creating a time machine and go back to 2008? For sure if you are going back there you are going to change everything. As we have seen in movies if someone is going to change a small movement in the past. It can change a lot in the future. So, think again. Don't go back to the past and for sure the price is not going to be what it is today. |
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I like both of them but banks is already trusted and time tested when bitcoin is something new and interesting but already better than banks  I am very happy that i am a bitcoin user. Well yes, banks are always there and been trusted for many years since ever. But we can see that bitcoin wallets are also trusted too. Because it is where we are storing our bitcoins. So, we don't have to choose to any of them because they are both useful and helpful. Banks for our fiat money and bitcoin wallet for our bitcoins. |
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I think in a trusted seller bitcoin
The title says, 'when do you buy bitcoin?' Not to whom you are going to buy bitcoin. But it is also a thing to consider if you are going to buy bitcoin. Because make sure that every money you are going to invest with bitcoin is going to be valuable. |
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You can't ban paper moneys. Because that's an international Cash. Anywhere in this world is using Paper money and also Coins. You have to accept it. But if Cryptocurrency will rise and if this will be an international money, then that's good. But I assured that this Cryptocurrency can ban paper money. Because how about the Rural Areas ? How about the places without internet ? How about the people who didn't still know what is Bitcoin ? Maybe after 50-100 Years I think, All currencies will be digital and all things will be bought online.
Maybe less than we are expecting as there are activists out there pushing for paperless society. Government can save a lot of money as well they stop the circulation of paper money and start adapting using online payment or use of smart phone but you are right that there are areas like the rural areas that may not be able to use online payment because of slow or no internet connection at all. I believe that it is going to happen in the future that the government is going to implement cashless society and its been a plan since then. And for sure it is going to happen that the government is going to allow it to happen and going to convince people that it is better to use that cashless money. |
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Because naturally people are greed. When greed take over his mind , it will become addicted.
Some people can't control the power of greed so they can do anything to keep gambling ( even they must break the law )
Well greediness is really the reason why gambling is very addicting people tend to think that they are going to have big money if they are going to gamble. So even they are losing their money they don't as long as they are hoping that they are going to get big amount of money in gambling. But that is a wrong thinking. |
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i usually dont spend it but i sometimes buy digital goods online
So it means that you are spending it but not for real life but with your digital life. Just like me too, I'm spending bitcoins that way. But as now, I stopped and I'm just waiting for the price increase before spending it again for sure. And if the price is going to increase I'm going back to spend it again. |
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Work and again work bro and you will be rich. Maybe not only the work count to be to much rich but at least the work cannot leave you broke. If you are intelligent and creative better. You will be rich and you will make the others rich. But if not you can work honestly and you can have your good life for you and for your family.
Yes that is really going to be the solution and answer on how to get rich. But don't just be contented that you are working. When you are going to get your salary, make sure that you are going to have savings for you to be able to have investments. Because if you are not going to do it for sure you are just going to be a regular employee forever. Well, savings is very important but that would always rely on how much you earn in your day job and side job as well. If you lifestyle requires you to spend a lot the result is always bad and you can never save at all and the bad thing is you will get loan in order to survive. Well if you are a very wise person you are going to save money as you are earning to your salary. And even rich people have their savings are they are earning big money. They tend not to waste every cent of their money. They are saving it as they can because they are giving value to each cent of their earnings. |
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No way man! Its look very tempting, but no. I don`t think I can ever do that. I think this can be good side income, and nothing more then that in my case. I`m not programmer, I have basic knowledge about technology, with that I don't think I can find some good work for me. I can comment here, claim faucets, place some bet on sport events and that's it.
I`m still in faze of learning, so maybe situation will change for a year or more. I will try my best to gather as much as I can, then we will see what will happen next.
Yes it is very tempting if you are going to look at it but the thing is that it is very risky as we all know that bitcoin job is very not at stable at all. Even there is no big competition at all still you are not sure about what is going to happen with your bitcoin career. Unless you really know what you are entering and you are going to take it. |
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I am Buying Little Amount of Bitcoins but I am Making Most of the Bitcoins I have By selling Goods and Services and I am Doing Trading with Bitcoins I earn and Bought or I Do Sometimes investing in Bitcoin Projects....
That's a good thing that you are making most of your bitcoins from your business. For sure you are going to be able to save a lot of bitcoins in no time if you are going to keep going on your investments. And another thing is that you are only buying small amount of bitcoins. So, you are investing small amount and get big profit. |
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Work and again work bro and you will be rich. Maybe not only the work count to be to much rich but at least the work cannot leave you broke. If you are intelligent and creative better. You will be rich and you will make the others rich. But if not you can work honestly and you can have your good life for you and for your family.
Yes that is really going to be the solution and answer on how to get rich. But don't just be contented that you are working. When you are going to get your salary, make sure that you are going to have savings for you to be able to have investments. Because if you are not going to do it for sure you are just going to be a regular employee forever. |
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