I think use bitcoin because with bitcoin is very fast grow my money
you're right, but transactions quickly and reliably with a very small fee, I think that is reason enough to let customers use bitcoin. on the other hand, the price of bitcoin is also always increasing, so it can make people keep it in a long time has the advantage without doing anything. There are a lot of reasons for a customer to used bitcoin, it can be used as currency and can be used as investment, but i don't agree the transaction is fast, sometimes the transaction can takes up to few hours, if this can be handled then bitcoin will be perfect for customers When it comes to money transfers the transactions are much faster and it will also credit money in your bank account instantly and with lowest fees and that is quiet cheaper in compare to other payment methods.
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yes. because I benefit by buying bitcoin. bitcoin is a payment system that is cheap and fast, it is suitable for use transactions. besides, I bought for my use bitcoin invest
Yeah and I think price has not reached to its peak at a moment and we can afford to invest in it at a moment as price will rise in future which will give us good profits on our investments.
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Well you could just go around searching for places that accept Bitcoin around where you live. For me there is practically no shops that accept Bitcoin, so I just use a Bitcoin debit card and that makes life a lot easier.
yeah you can use bitcoin debit card because it uses the same as when you use a visa or mastercard or even use the system, but if you are in the village shop, of course bitcoin debit card will not work, so I really hope there is a bitcoin ATMs in every major city in the world No. Bitcoin debit card will not have any different from other bank/ATM cards for village or cities. If a village has the facility to accept master/visa cards, then it will definitely accept bitcoin debit cards too, if that bitcoin debit card provider is offering services to that country. I mean to say bitcoin debit card will not have any difference from other card types. Yes it will be same as bank cards and it will be accepted everywhere where credit cards are accepted so I don't think there will be any problem in using them for shopping. Debit card is a better choice to use bitcoin in our real life and in that xapo is a pure way to use bitcoins as in xapo we do not need to load and to convert in card fiat but we use bitcoins directly from our wallet. But some people are claiming some issues with xapo. I hope they will fix all sooner. Here in my country bitcoin is not accepted in supermarket yet that is why we need to exchange our bitcoin to fiat before we spend it but i think soon it will be adopted since some banks are now accepting bitcoin for deposit and withdraw our money in bitcoin wallet. If supermarkets accepts credit cards then they will accept bitcoin debit card too and in that case you don't have to convert your bitcoins to fiat, you can use your btc bebit card directly to buy anything.
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The safe way is to hold your bitcoin in a long time and do not make investment in other method, but if you do not like to wait for a long time i think there is no safe way to do that because investments had always risks included you only thing to do is to lessen the risks by doing multiple investments.
Exacthly this, bitcoin is unique because with hodl u can gain value. Only safe investment out there, even this have some risk (bitcoin failing) but very little one. yes i also agree with you , it is a fat that all kind of investments are risky but the only safe way of investment i think is to invest in bitcoin, here is you can get a good amount of money only by holding it. Bitcoin is not at all an safe investment, in fact there is a big risk of investing in it as its future is unpredictable and it can disappear at any point of time.
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Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?
Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.
I will find a way to earn more from bitcoin, I will quit my day job. But now I think it's really riscky for me. that's indeed very risky especially if you don't experienced on bitcoin,don't have any business and you just quitting your job for the sake of bitcoin and trying with only confidence and don't thinking about it twice,there's no guarantee you can make bitcoin and fulfill your daily needs though This, but I will also add that if you quit your job you don’t know when you will get another one and what pay you will get, in my country if you lose your job, you will need to look for months to find a new one. That's true same is the scenario in my country, first of all its very hard to find job and if you get a job then you need to compromise in salary and if you quit that job and there is gap in your carrier then no new company will entertain you.
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These threads get pretty silly sometimes. "Is it better to save money or invest it?"
Both. Invest what you would be confortable with losing. Save the rest.
Then how about investing somewhere where you dont lose it but instead you will earn some profits that you can save then?? Like in trading altcoins where you invest your capital after doing some researches of markets and the coins in them and you will generate profits for yourself gradually with it. Any investments have their own risk. There is no 100% sure profit. Even in altcoin trading, there is a chance that what you researched is wrong and you lose your money. You should always be prepared from some lose if you are investing. You can get great profit but sometimes there are some bad investments. You have to be prepared for that. Correct, that is why you must invest in something you feel comfortable with the risk if things are too risky for you, you can choose to not invest. If you will never take a risk of investing then you will never make profits and will never improve your financial status in future, to have a better life we need to take risk of investing.
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Just spend it yesterday for a gift to my niece. Yes it feels good also. There is this happiness that I can now give gifts cause my budget is a little bit higher now. Doesnt even need to use my salary to buy something for the kid.
Yes we are earning extra money from bitcoin which is helping us to save our salary for future and it has also taken our standard of living to an higher level, so whenever I want to buy anything I buy without any hesitation.
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Earn bitcoin fast ? Gambling is the answer, because you only need to place your bet and in a second you can doubling your bitcoin. I know it's risky, but if you want fast way, gambling is the answer.
Yeah if we are looking only for the answer then gambling is the best answer for it, practically its not possible to earn fast from it every time but sometimes we can try our luck in it.
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3 btc is a big amount for me and if I have that amount someday with me then I will prefer to invest 1 btc in trading, and will save 2 btc for future and sell them at higher price.
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for doubling our bitcoin, we can use trading altcoin. i see some altcoin rise and fail arround 10-20% if we can buy at right time, when the price fail, then we sell it in highest rate when the price pumped, it's very easy to double our bitcoi.
no. this is not that easy as you are saying. some altcoin have good potential, you are right in this. but getting into the right altcoin is not very easy. there are hundreds of altcoin and need to be very careful while choosing the correct one.. Yes and there are many coins who will be alive only for few hours and if we invest in those coins without any knowledge then it will be an big loss for us so we need to be very careful before choosing any coin.
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today i was thinking about a dream where i have accidently managed to get 100btc by hacking a faucet(i know its totally dump idea) then i started thinking how can i grow it so i tried for gambling and trading.i found out that trading is better than gambling
Trading is always better then gambling as it involves less risk and if you can study the market well then you can grow your coins on regular basis which is never possible with gambling.
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what I do if you give me 10 bitcoin? maybe I will use bitcoin as capital to invest I do in order to become more and more. I will invest in bitcoin or altcoin trading and mining bitcoin
now invest using bitcoin almost any scam like bitcoin hyip,you should be careful when investing with bitcoin many people are tempted by the huge profits just for investment with bitocoin,you should cancel investments with bitcoin I've often experienced investment fraud,and I already regret it now Yes investment has an risk of loosing money in long run and 10 btc is a huge amount and we cannot afford to loose that amount, I would prefer to go for trading instead of investing to secure profits. everything has a risk of loosing. and there are ways of investing, but you need to check if it's not a scam. mostly it is, because nobody checks and people are easy to scam. After getting scammed in the past, people have become more careful with their investment and will never prefer to invest in something blindly as they are aware that they may loose their money in it. well i don't think this is true. people want to believe things and if someone comes along and tells them what they want to hear, they will give their money away, regardless if they have been scammed before. If they are repeating the same mistake again and again then that is the worst part, people should learn from their mistakes and make sure that they don't repeat that mistake again.
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It would be wrong to say that one of the best options for storing money. Banks can not replace bitcoin wallets, equivalent to a bitcoin wallets will not be able to perform the functions of banks. It functions because the banks is not only safe but also other operations.
What do you mean banks are not safe here in my country the most secured to restore our money is banks and if they are bankrupt they should still repay for those who has savings account.. And we need them we can not exchange our bitcoin if there is no banks because here in my country we can withdraw bitcoin instantly via banks. Banks are the most secure one to safe our money. banks are give us security guarantee to us, becouse Banks are very very huge corporation that supported by goverment. although they make us pay so many cost to them but it is for their operations. use Bitcoin wallet apropriated for who doesn't like the bank cost which high enough. bitcoin wallet is secure enough, bitcoin wallet have technical thing that make harder to be hacked. so don't worry to use bitcoin wallet. that is good thing if there are some bank in youre country that can withdraw bitcoin via bank, it can make bitcoin more popular. Bank is always my choice as well when it comes to saving my money, I have worked in the bank in the past so I know how secured our money their, even banks go bankrupt you will not worry as you will be paid by insurance. Bitcoin wallet on the other hand is always good when you are only focusing on investing rather than saving money but you can do use both bank and bitcoin wallet to feel better. Well its always good to use both of them and take benefits from both, banks are necessary for our day to day transactions related to fiat and bitcoin will take care of online transactions.
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Here in my country you can spend it not in real life but it can help me to pay my monthly bills because there is a local company here that has online wallet that we can use their service to save bitcoin or to exchange or withdraw our bitcoin we can also use their service like paying our monthly bills for electricity water etc. we can also use our bitcoin to exchange in giftcard that we can use shopping in malls locally..
I have nothing like that around me which can make it able for me also to pay some things with my bitcoins to make it easier for me as i always have to exchange them to fiat in order to spend them on something. Yes even in my country I cannot use them to pay bills or for any other services and in that case every time I have to convert it to fiat for spending them and need to pay 2% conversion fees which is high actually.
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Price is rising slowly at a moment so I think this can be the best time to buy bitcoins as we may see the trend continues in coming days and price might touch $650 level so I will prefer to buy at current price.
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When it comes to investing bitcoins then I will prefer to invest them only in altcoins and some of them in casino bankrolls from where I will be earning regular profits.
I think that is a good advice if the person is well versed in trading. I think i prefer the casino bankrolls because there is higher chance of earning from that than trading without a basic knowledge of it. OR if exchanges sells share, maybe i bite on it too because we can sell it back if we want to exit. At a moment I think those are the best places to invest our bitcoins as now no one have faith in cloud mining sites as everyone holds bad experience with it, but if you are good in trading then you can get best returns from there.
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Price is above $600 level at a moment and its bit high for me so I will prefer to wait for sometime and will see whether it falls back to $570-580 level and if it does then will buy some bitcoins.
I'm planning the same thing, I just wait on a lower amount and than most likely gonna buy it because it has a nice amount but to buy it it would not be nice to have a lower amount. Yeah but looking at current price trend I don't think price will fall at that level in coming days, in fact the price is rising slowly at a moment so I think it would be good to buy at current price as price may go higher in coming weeks.
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I haven't spent my bitcoins yet on buying anything as its an investment for me and I believe in holding them for long term without spending them, but when I am in need of money I do sell them and exchange to fiat.
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I tried to tell my different girlfriends about bitcoin one of them got interested in it and now she is actively spending time in doing research about it and rest of them are hoping that I will give them for free, dumb girls
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we have no such facilities to use bitcoin in our daily life.
That's true we can only spend them online and not at any offline places at a moment as the usage of bitcoin is limited at a moment and there is no scope for using it on daily stuffs.
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