Bitcoin is becoming the most popular coin among the cryptocurency in the world today. So the best coin to buy today is bitcoin because of its popularity and demand by people in the world. Bitcoin price also keep on increasing every day and that make investor gain a lot as compare to the rate they bought before.
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Btctalk name: ahiaba.john@yahoo.com Rank: Member Current post count: 104 BTC Address: 1Gcw3nsngFpWym5KiktcnB8zMq8pYCN678 Wear appropriate signature:Yes
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I humbly apply to join this signature campaign. I will do all it required of me to post a high quality post that will explain the subject matter and to make sure good grammar are used. I will be very much happy if am consider for this campaign to enable benefit from it. Thank you very much.
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Very good idea but it depend on the type of offline business someone want to get involved. Before bitcoin I was a farmer and I love farming. What exactly I want to do is to invest some of bitcoin into offline bitcoin like agriculture since is what I love most. I will sell the produce by exchanging it with bitcoin or fiat.
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I have not heard about any bank in my country accepting bitcoin and I have done not that research myself. I will take it upon myself to go from bank to bank in my country to carry out that research withing two weeks from now to ascertain the real truth about bitcoin acceptance by the bank. I hope to come back with a real answer.
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Though my home country support the use of bitcoin for transaction but for now there is nothing as such like tax on bitcoin. We that make uses of bitcoin have not for once paid any tax on bitcoin trading. It would have been taxed if government of our country have the power to regulate its transaction or transfer.
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My wife know everything about me and therefore I shear all the information about my bitcoin account with her. She will be automatically entitle to my bitcoin account any time I leave this world. She will use that to take care of my children and her self by given to them the I can offer in terms of education and otherwise.
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I introduce people to bitcoin talk forum to enable get the real information from other contributors. This actually comes after I must have discussed with them by trying to let them know first all about crypto currency. I actually started from my home and further to my office by introducing bitcoin to my colleague.
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Actually after invested in bitcoin by buying with cash, I trade to make more bitcoin. I have stop buying bitcoin with cash since I invested so much money into it. Now all I am doing is just to concentrate on the trading only but not buying with cash any longer.
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It will not be wise if you turn all your cash to bitcoin. For example in my home country we use Fiat to purchase almost all our local goods from the local market. Therefore it will be stressful if you turn every money you have to bitcoin. Gradually we would get there but for now it is not be a wise ideal.
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I am neither from the above country you made mention but how I wish Nigeria is among the list, then it could have been a good place for your trading. The government of Nigeria through central bank of Nigeria have endorsed the used of bitcoin for transaction since many years ago. I will advice you reconsider Nigeria as an option for your trading.
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The reason why people are holding bitcoin is simply because they want to make more profit on their investment since the price of bitcoin is not stable for now. No body want to trade bitcoin without making profit. They simple want a situation where the is stable increased in price of bitcoin before they can sell to enable them make more profit.
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Easier to move bitcoin from one nation to another nation is what I preferred most. Many time there was restriction on sending money from one country to another by the government of a particular nation e.g my home country. The uses of bitcoin have made it easy to transfer fund without any limit or bank's excess charges or government restrictions.
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I do my daily budget base on my daily needs. My daily budget are categorized into transportation, food and others. In transportation, all my family and myself transport for the day are calculated and bring to a total sum. In same way, all the additional food we need for the day are all sum together. In the other category, airtime and miscellaneous expenses are put together.
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Holding may bring a lot of profit after a period of time but it all depends on what actually you want. If you have gain much as compared to what you invested, then you can sell your altcoins now to settle some of your problem if there is any. But if you don't have any money related problem, I will advice to hold for a period o time to enable more profits.
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My greatest fear as a bitcoin holder is hacker. Many mails have been sent to my mail box from scammer telling me that I have worn so-so amount of bitcoin. The statement further required me to download the info concerning the offer but I do not. Hacker is my greatest problem as a bitcoin holder.
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Bitcoin investment have made me rich as compare to before when I was working for monthly salary only. I have bought many house hold equipment and paying my children school fees has been made easy. Bitcoin investment has made it possible for me to buy a brand new car this year which I am using now.
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It is never too late at all. Any day you choose to start invest in bitcoin is a great day for you just like any other things e.g Education. It better now that you have realize so that you get yourself busy by trading bitcoin and make money for yourself.
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For now converting bitcoin back to dollars is highly needed since most of our local market needs hard currency to transact local businesses. This also strengthen the use of bitcoin by many people in the world since its circulation is still on going. Converting bitcoin back to dollars make bitcoin more real and meaningful.
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Yes of course bank fear cryptocurrency. With time we are going to have less to do with the banks since cryptocurrency have nothing to do with banking. Banks are going to loose more customers and therefore their business will collapse since many are not going to involve in banking. Moreso, central bank has no power to oversees transactions or fund transfer that involve cryptocurrency.
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