i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?
Here in my country, store or even restaurant don't accept bitcoin as a payment. You always need to convert it in fiat in order for you to spend it in my country.
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Hi All
What do you use for your bitcoin security, I have been looking into usb style password protectors, but don't know enough about them as to the trust that I should place in them.
Has anyone bought them and would you recommend them?
Many thanks
Airdrop291
I think that bitcoin have a high security. Bitcoin can be store in different wallet like here in my country we have coins.ph that you can store Fiat, bitcoin and ETH. Bitcoin can also be store in offline wallet and you can secure your password and other stuff need to be secured.
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I prefer both. If you want both there are bounty out there that will pay you token that can be sell and turn into bitcoin And also bounty that will pay you into dollar.
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Hold is the only choice right now. When the market is down you need to hold your coin/tokens. If you sell while the market is down your effort will give less value.
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People with a huge amount of Bitcoin could create a sudden move from the market . And once the people notice it that could create a chain reaction . Investor could follow their move and it would be a huge impact for the market.
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I would just do both since bounty doesn't really need much of our time. Sometimes I would just use my bounty reward for trading.
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Invest only your extra money invest what you could afford to lose. But it also depends on you on how much do you trust or believe in their team and project.
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Yup there are too many ICO and there are so many scams too , It is hard to trust in the ICO nowadays because some of them are just a scam .
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I think it is bad specially if you are just looking at it's Fiat price, But if you look at it at it's crypto price for example it's Bitcoin price or ETH price sometimes it would go up even if the Bitcoin price drops down, We wouldn't see it if we are looking at it's Fiat price but for me I don't really think that alt-coin price depends on Bitcoin.
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I don't really think that it is the safest investment , Think about the people who invested back in December last year do you think they would agree with you? Specially if they aren't the ones who would go with a long term investment like about 1-5 years , If they only plan to keep the coin for 1 year then they lost a lot of money in their investment.
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Nope not all of the bounty hunters dump their coin. I usually keep half of my token as a souvenir of my work.
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I think only the online wallets could be hacked, I don't really think that the offline wallets like paper wallet or some wallets like Nano ledger or trezor could be hacked.
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Yes and I think every investor experience it. For me it is normal specially if you are only investing in the internet which mostly are just scam.
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Through physical wallet but I guess just few people would do it. And you should really know the other person who are going to buy or sell the crypto.
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It would be really great just imagine if you forget or misplace your wallet , You could just easily pay with Bitcoin or crypto but I really think that it would be really hard because not everyone is in favor of crypto currency.
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We can't really say if this is true we don't know if the majority of Bitcoin users are Asians. We couldn't tell who knows maybe you are wrong .
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Whenever I am doing a quick trade I would look for a token or coin that is just new in the market. Most of the time the new coin or token wouldd be pump for a few days or hours .
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It help me to achieve some of my goals in life. It helps me financially and make my life much more easier.
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Well maybe it could happen in the future and maybe there would be an alt-coin for it. It would be really great if we could pay our hospital bill with crypto .
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People always complain about it and once they try it they would be the one who promotes it. People tends to hate what they don't know and ends up loving or supporting it once they learn it.
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