I can not spend bitcoin itself in my real life i always do in my bitcoin is to exchange it to fiat before i can spend in different store here in my country because until now there are no stores accepting bitcoin.
yeah I think we do not need to impose to use bitcoin as a payment option for today will be very difficult to find merchants who accept bitcoin. may be different in the future. so now I can just convert it to a fiat first and then spend it Yes and I find any problem in converting it to fiat and spending them as by doing that we can manage to buy anything that we want which not possible with bitcoin directly. Me, I do not find any problem with converting my bitcoin to fiat, though in our country bitcoin is that popular yet but our local exchange has a made a great job of partnering with banks so we can easily cash our bitcoin into fiat. In the future when I can see more merchants adopting with bitcoin then maybe I would try to shop sometimes. Yeah in future we will find many merchants who will start accepting bitcoin as a mode of payment and at present we can spend them online or by converting it to fiat currency. |
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I also can not understand why you are investing all your savings into the bitcoin its a risk and its just stupid to do this to be honest..
You can better invest a smaller amount to play it save these days, the bitcoin is unpredictable.
Exactly not sure if serious or not but yeah that sucks man, next time dont put your whole networth into the bitcoin cause anything can happen. You can start up again and try to get a bigger pocket by trading, its risky etc but you dont have much to lose anymore. That's right! Its an act of stupidity if you invest all of your money into it. Well I think better for you to take it as a charge of experience and learn a lesson man! We all know that any investment is risky and with bitcoins the risk is even more higher as no one knows how long bitcoin will survive so putting all money in it is the worst decision to make. |
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You are actually holding a good amount of bitcoin now,so even with a slight increase in bitcoin prise you could achieve some good profit with it.So i would rather advice you to just hold onto them until bitcoin reaches even more heights.Its the safest investment according to me for you.
I think some of them should be invested in trading and rest should be saved for the future, as if you are lucky enough then you can make some good profits from trading. |
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Right now it's quite risky to buy 1BTC and hold on to it in hopes of having some profit any time soon. We were at 560$ last week and we've been playing at that range for a while and then this week, the price of Bitcoin just shoot up once again. Maybe a pump and dump? If it is, there's a chance that you're buying at the top of the pump and that basically means that you're going to spend a lot of time waiting for Bitcoin to pump again. Those people who filled up their stashes last week or last last week are very lucky because they already earned 60$ per Bitcoin that they bought.
Yeah its not the right time and right price to buy bitcoins, as price may go even lower in coming days and if you buy it with current rate then you need to wait longer to expect some profits from it. |
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The best thing you can do is investing into the bitcoin because allot of speculatings about that the price will be very high in the future can be true so why dont we all use bitcoins or just invest something.
If you have a good capital then you can buy bitcoins at this stage as price is not too high but if you are planning to invest bitcoin somewhere then it can be very risky. Bitcoin investment is always risky. there's no area where investing bitcoin is 100%safe. but if you have skills and knowledge about altcoin trading, you can earn huge fastly.But. there's also need a bit of luck and also it's little risky. The bitcoin investment is risky. So I just buy when there is price dip. I bought some when the price was around $570. I have made some profits. so the bitcoin's volatile characteristic that you say it's risky just give you some profits,so you're indirectly saying that bitcoin's volatility sometime gives a benefits to the bitcoin holder as long you're buying and selling in the right time,that does make sense,even making profit by trading bitcoin will took longer and lesser profit than trading an altcoin At this stage I will prefer to invest in trading altcoins instead of trading bitcoins, as in bitcoin it may take longer to get profits but its very fast with altcoins, risk is madatory in both of them. |
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The costumers should use more bitcoin in order to get low transaction fee and as much anonymity as possible. Not like another payment that much fee and other additional cost. In the future all costumers will love to use bitcoin because its amazing technology.
Either people can spend it for money transfer or buy shopping or even they can save them for future as bitcoin is an best investment at a moment that can give fruitful results in future. |
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The halving has been done but I do not think this really the year of the bitcoin, I think 2017 will be year its getting more popular and also will be the year due to that event.
The bitcoin is getting bigger and bigger and this is just such a good sign for us all!
We all know that halving has been done, and for me there's a surprise will be happen in bitcoin im pretty sure that before the year 2016 ends bitcoin price will be pump or maybe it will range up 1000 dollar or more and for the year 2017 will be the year that some country are going to accept bitcoin. Yeah everyone has a feeling that the price of bitcoin will touch to $1k at the end of the year and if that happens then it will bring a smile of all the users who have been holding their coins since long time. |
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In Europe there is a hot new pertaining to a company whose going to introduce paying bitcoins to their employees. But given the instability of the bitcoins market value is it an advantage for the employees or an disadvantage. In my opinion this kind of payment for salary is not yet beneficial to employees not until bitcoins price has become stabled. Though if bitcoin will start to increase its monetary value it can be advantageuos but if not then it is a peril to the employees. So what do you think, what is your opinion on this matter?
No I won't Accept it for now as payment in my salary, it will be too risky to me. because what if the price goes down all of a sudden. The problem with employee is the fluctuation I think. That's disadvantages of it. Employee's income will be at the risk for sure and even employer will hesitate in paying them in bitcoins as they will be holding huge volume of coins to pay and if price drops it will be a huge loss for them too. |
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Yes I truly and really thinks bitcoin has a future...sure..
Yeah bitcoin has a future for sure and it will be surprise and more surprises are comming if you are going to think of it let's predict on what are going to happen in this coming year of 2017 hoping that some stores are going to accept bitcoin so that we can use our bitcoin to shop also. Bitcoin will surely have promising future as it is getting more popular day by day and in coming years it won't be difficult for us to spend our bitcoins as many shops will start accepting it. |
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Hello,
Where do you use bitcoins? First i buy food, medicine, bills
I wanna try to use bitcoin for money transfer, billings payment, and online shopping. And most of the time I'm gonna use it for investing it to trading so I can multiply faster my bitcoin as well. I have no bills etc to pay nor i do any money transfer to someone, but i wanted to do some online shopping once but after looking at the shipping fees for my country i skipped it so recently im not using my coins anywhere. Yeah shipping cost is creating a big problem for us as it is too high so I don't see any benefit in buying with bitcoins, so I am saving those coins for the future. |
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Tell me all about it
Since I joined in bitcoin world, I joined in different signature campaign then there is a weekly payment which is BTC, That's what I like most bitcoin payday weekly. And when I transferred it into cash according to my country currency. The question is what is your least favorite thing about favorite thing about Bitcoin.And bitcoin exist beyond this forum too. Anyway I think unstable price of bitcoin is my both favorite and least favorite thing.I think prices should not fluctuate that frequently But if there is no price fluctuations then there will be no opportunity to make profits, it can be annoying for new investors who wants to invest their money in it. |
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Not possible in the least unless you want to be scammed out of your bitcoin.  It's possible if his going to do gambling activities and if he have luck and skills to do that then he can possibility double his bitcoin that fast and if not of course his going to regret because he wasted his money to gambling where there's no guarantee of winning and if he are going to invest then goodluck too. It would be a better choice to not to depend on gambling to double your coins, the probability of loosing would be definitely higher then winning and its not possible to be lucky every time. That's good on not depending your self on gambling even you can easily double your coins there because there's no guarantee of winning where we can surely win every time we bet and for sure i am good in trading too where ican slowly grow my money there. Yeah its better to move ahead slowly and steadily and be satisfied in small profits and don't think of getting rich overnight as it will never happen and you will loose everything. |
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I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
of course saving your money is the best because you will not lose it in such way and you will never miss a chance to make money out of the price growth I think if we are going to think about saving then that is going to be the best thing to do as the days are becoming harder and the wisest people are keep on saving. So for me saving is really much helpful if you don't have enough funds for investment. But if you are going to be able to invest, then that is going to be better. But it is the best if you are able to do both. Investment is the best way to grow your money, but without savings you cannot do that, your first priority when you are raising a capital for investment is to save as much as you can and once you hit your target capital that would be the next step that you have to invest in your preferred investment type. Yes without saving you won't be able to invest money in future, so saving should be your primary concern and I think both are important for an individual as saving can take care in short term and investment in long term. |
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There is no manual to get rich easy or something, there never was you just have to work hard.
Even if you are trading in bitcoins you have to work hard to make some good money with it, making money is not easy at all so keep that in all times in your head people!
Yeah and its not easy to make money even from trading, people have a feeling that its easy to earn profits from it but one wrong move can make you loose everything in trading. |
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I have voted no because there is no stores accepting bitcoin in my place and on internet i don't buy anything because i don't want to pay those too much shipping fees.
One more problem that needs to be resolved. The shipping fees. We ought to buy at a online store from a different country so there will be a larger fee. But what if their bases are in our own countries? That will be lesser payment because they wont need an international shipping fee. Exactly, shipping fees is a major issue in online shopping as if you are based in different country then you won't be able to afford it and it won't be profitable for you to buy things online. |
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I dont think that there are allot of peopel who are really true with the bitcoins in my country because there are allot of rich people in my country who loves to make easy money with bitcoins.
That's good to know that people in your country are aware about bitcoins as the scenario is not same everywhere, in my country hardly very few people knows about bitcoins. |
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I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?
I am not sure on how to double your Bitcoin the only thing that I can come up with is to try and gamble with them. Only then you can try to double them in a fast way if you manage to win. But gambling s also an fastest way to loose your coins, as gambling never promises you the profits but if you go for trading then there is a chance that you can double it in long run. |
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3 bitcoins are good capital for trading, with 3 bitcoins you can earn 1-5% everyday on trading, just trade with smart and really safe. Earning 1-5% from 3 bitcoins everyday is really good though.
Exactly its a very good capital to invest in trading as you can make really good profits from it especially if you have invested all that in any good altcoins. |
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Bitcoin is already pretty strong but it has the potential to become even bigger, better and stronger in the future. They will need to attract more people to go out and make use of Bitcoin.
If that is not going to happen then I think that Bitcoin is not going to be as big as people think.
That's right in future bitcoin is only method and currency which gonna rule the future and the only currency which is going to adopt by American economy. this payment gateway only gonna sent paypal away from this world. Paypal will face tough competition from bitcoins in future but that doesn't mean that it will simply disappear, people who are satisfied with Paypal will continue to use it even bitcoin gains more popularity. |
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No, I haven't. But I should have sold at that price, I'm sorry I didn't. The price in the future could go up a bit comparing to current price but I don't think taht it will reach 1200$ again. At least not in the near future.
It has potential to achieve that price in future but no one knows when that time will exactly come, and I didn't buy at that high price but I bought when price was $250 last year. |
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