I do believe in PayPal when it comes to any type of online purchase and even transactions. The reason is that paypal has been in existence for quite sometime and they have security credential that are well established. However Bitcoins will come into action when I am doing a business deal that we let me get enough returns in terms of the bitcoins. There are these sweet deals that you never think twice and in such like occurrence, I never hesitate. It however varies depending on the individual and the things that drive you.

I like bitcoin for several reasons. The main one is just the fact that I am able to invest in other financial institutions apart from the banks the way we are used to. The digital currency just makes everything easier that ever thought. Another good thing is the fact that it is secure and people are afraid of. They have linked the coins to criminal based way of doing business. In such like situation, I delight because very few people will be interested in my coins. Bitcoins is just out of this world.

It is always a good thing just seeing bitcoin go through all this challenges and slowly emerging out as a victor. Even though people are against the bitcoin thing, America coming up with the visa card in one way mean that they have accepted the digital currency. It will then ripple down to other countries that look upon the USA especially now that it is the superpower. It is a good move and I will absolutely get one. I just hope that with the visa card, the transaction fees will be a little bit reduced compared to the past.

For now i go for bitcoin wallet. This is because the banks have not yet implement the digital currency into their platform. Bitcoin as a digital currency has been linked to criminal acts and its for the reasons that banks have not welcomed this call. With the wallet, I do think that transactions are cheaper and makes trading with bitcoin an easier task since you can easily managed them. I support you on the fact that when banks accept this digital currency, the bitcoin demand will increase drastically.

I will personally say that it is in real estate. One thing you need to know is that real estate demand keeps on increasing compared to other forms of investments. It is a good investment option if you have a good amount of money since the starting capital is always intensive. After that, you will always enjoy the fruits especially after having everything in place. trying to compare bitcoin and real estate, the bictoin investement is all about risk and hope that everything will go on well. For me I will go for real estate.

Will you please be detailed to expound on this matter. What are some of the key things that have made you loose hope in the system. As forum mates, it will be a plus to us when we understand the dangers that await us so that we all don't fall in the same ditch. Being also able to explain the fact that you have decided to rest the case on Bitcoin as you hope. Have you found details and some of the key benefits of bitcoin especially during this time when they are having negative ridicule?Thanks.

I can say that trading works out for my case. I have been buying bitcoins and at the same time being able to reinvest the little I get into the bitcoin trading. You will for sure a place where you will rent the coins for sometime with earned interest.  Bitcoins are meant to generate more bitcoins and thus need to always have them grow. Another way I have used is through selling commodities online in exchange of the coins.

The reason why bitcoin is banned in most of the countries is the fact that the digital currency is being used by criminals all over the world to carry out their illegal currency. With digital currency in use, it becomes next to impossible when you want to track them down. It is called leaving no evidence. The countries therefore through relevant authorities have banned the currency just as a way to curb this fast growing cyber crime. The other reason that the coins are not yet been published as legal currency to transact in.

First, I am buying bitcoins because of the value they have. Mining a bitcoin will take you some dollars that is. I am sure that as I buy the bitcoins now, the price may increase and thus will be able to get some profit when I do the reselling. I do believe that the bitcoins in future will be an acceptable digital currency all over the world and with that, it will command a very large demand. I am a speculative trader when it comes to bitcoin.

People need to understand the fact that Bitcoin just like the liquid cash, attracts both good and bad motives. Anything that is precious and highly valuable in nature attracts a lot of attention. I personally know the benefits of the bitcoin as a digital currency and the challenges it is facing. It is evident that criminals use this type of currency to transact and even sell stolen items so that they leave no evidence. However, when well used, the bitcoin bring total mobility when it comes to online shopping among other things.

I will for sure hold the bitcoin so that the price can increase. being a business man, I am so concerned on making profit in every business deal i indulge in. I however do carry out enough experience so that the decision I make wont lead to me regretting in the near future. I have traded in bitcoins for some months and trust me the price fluctuation has always favored me. With this, I cant deny the fact that I will hold the coins for speculation reasons.

Hi Coinbuddy. The CEO said what came in his mind and based on the analysis he carried out. I think in this digital world, we need to be careful of the invention that are being propelled. The digital currency may be underrated at this time when it has lots of ups and down but trust me we are heading to a digital age where digital currencies will be convenient. I do believe with the advancement in technology, Bitcoins will still survive. It however depends on how this whole crypto currency issue is handled.

Hi Bearex, Most people who you come across using bitcoins to make purchases, be sure that they have quite a number. One thing I know is that you can not spend buying other things with only 2 coins. Having the coins in bulk is always not recommended and thus people always find a way to dispose the extra coins. Another instance could be the person got the coins through unclear means and want to use them so as to curb the evidence.  In summary, I can Just say, there are reasons for everything.

Thanks for a good insight. However my opinion seems to be contradictory, I do believe that bitcoins will not become obsolete. The crypto currency was just launched a few years ago and believe me you it has gained popularity. Even if most of the countries and governments in the world have not accepted it as a formal currency, the demand will lead to them accepting it. I feel that in the coming years, the whole bitcoin issue will have up-scaled and will be the talk of the town.