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Author Topic: Could you share Your first time BTC Experience?  (Read 4947 times)
rambo304 (OP)
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November 21, 2015, 04:40:10 AM
 #1

Dear BTC users,

When I first visited BTC Talk, I saw it as a good marketplace (it is the best, no doubt)...never knew or used BTC before, even after being a member for a long time, i didn't use BTC and instead i used Paypal...

Recently (before 2-3 weeks), I created a new Bitcoin Account and started using BTCs for the first time...I'm overexcited to use BTCs than any other form of money transfers these days...Smiley Smiley This is huge turning point for me.

BTC have loads of potential, I'm still a beginner with BTC. This forum is too addictive and changed my life considerably.

1.) Your First Time experience with BTC ??
2.) When did you start using BTC for transactions??
3.) What do you feel about BTC after using it for such a long time??

-------------------

I wanted to ask you guys a few questions related to BTC...

1.) Do any of you Use BTC for International Transfers ?? (In my opinion BTC save a lot of money as we won't have BANK Fees, Interbank transfers, no currency conversion charges, safe and instant transfer)

2.) How about BTC Trading (over forex/ share market) everyday?? is it wise to invest on BTC and do trading??

please feel free to share your Views...Smiley Smiley Happy to see you all BTCTalkers...Smiley
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November 21, 2015, 05:57:19 AM
 #2

I know about bitcoin from long time ago but not used it before few months ago. After using it as payment processor i find it quite easy and cheap than paypal like processor. Yes it is quite profitable if you can do day trading with 1+ bitcoin.

 
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November 21, 2015, 07:01:56 AM
 #3

Basically you asked 5 question so I think it would be better to change those last two numbers to 4 and 5 and to answer your questions in exact order:

1.) I started on the BTCitcoin world around late 2011 wherein all I did was to mine using graphics cards that I had before.
2.) Around less than a year ago since I started to actually buy stuff using it.
3.) I think it's the best invention of the century.
4.) Yes, I do for many occasions and it's a big savings compared to other options on that matter.
5.) I don't know much in terms of trading although I know some who are making a living out of it but put this into consideration that it really takes time before you be a pro trader.

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November 21, 2015, 08:31:56 AM
 #4

i think i'm just want to answer numer 1-3 :  Tongue
1. i knew about bitcoin since late 2014.
2. I honestly do not buy goods with bitcoin, but I redeem and purchase goods from the outcome
3. I think bitcoin is something that will continue to exist
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November 21, 2015, 10:51:45 AM
 #5

1. I actually got in touch with bitcoin through faucets. Got greedy and googled free money, the first thing that popped up was bitcoin faucets...
2. I eventually started in the mining business, mainly in cloud mining, which I have quit because of the price falling all the time and the electricity bills getting more and more expensive.
3. Bitcoin is fun and easy to use. You can be totally anonymous when buying things and sending money. The technology behind it is a big breakthrough of the century and I'm more than happy to use it Smiley
4. I sometimes do transfer money via bitcoin when I will be staying in a foreign country for a long time. When I was in need of money I just exchanged a small portion of it.
5. The first trade I have ever made was about 2 weeks ago, when bitcoin was worth 400$. I sold a big portion of my coins. The week after the price fell to 330$ - then I bought the bitcoins again and made some small profit.
Trading is a good way to make profit, however it requires knowledge about the bitcoin economy.
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November 21, 2015, 06:49:49 PM
 #6

I know about bitcoin from long time ago but not used it before few months ago. After using it as payment processor i find it quite easy and cheap than paypal like processor. Yes it is quite profitable if you can do day trading with 1+ bitcoin.

Yes I was very late into bitcoins I started using bitcoins in 2014 but yes it was a great experience to earn bitcoins, My first experience with bitcoin was good I converted my first earned bitcoins to fiat currency and it was so easy simple and fast with minimum transaction cost, And the money got credited to my bank account in fractions of seconds. So now generally I use bitcoins to convert it to fiat currency.
rambo304 (OP)
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November 21, 2015, 07:27:58 PM
 #7

Wow...thanks a lot guys for sharing your experience...Smiley Smiley

In my believe if someone started using BTC before the BTC evolution (when BTC touched $1000), they would have earned a lot.

I guess i knew about BTC before 1 or 2 years, but i thought this will be extremely unstable and risky to use (as its not a currency), so never had the guts to try BTC, but now I realize that's a huge mistake. I would definitely say BTC is the best invention of this decade..

Its nice to read through the posts, everyone had a different experience with BTC, but overall we all love BTC..Smiley

We want to see more posts to this thread..Smiley Feel free to share your experience ..Smiley
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November 21, 2015, 07:39:26 PM
 #8

i remember getting small amount of bitcoins and then loosing it all on a casino

 
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November 21, 2015, 07:54:51 PM
 #9

i can remember that it was my main target to reach 1 whole bitcoin at that time. once i reached 1 whole bitcoin i was proud of myself and set myself the goal to reach 2 bitcoins.
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November 22, 2015, 02:12:54 AM
 #10

Dear BTC users,

When I first visited BTC Talk, I saw it as a good marketplace (it is the best, no doubt)...never knew or used BTC before, even after being a member for a long time, i didn't use BTC and instead i used Paypal...

Recently (before 2-3 weeks), I created a new Bitcoin Account and started using BTCs for the first time...I'm overexcited to use BTCs than any other form of money transfers these days...Smiley Smiley This is huge turning point for me.

BTC have loads of potential, I'm still a beginner with BTC. This forum is too addictive and changed my life considerably.

It's more then just a marketplace, it's basically center of every bitcoin news, discussions, services etc. And if you visit at-least once a day and scroll through sections, you'd get up to speed with things happening with BTC around the world.

1.) Your First Time experience with BTC ??
2.) When did you start using BTC for transactions??
3.) What do you feel about BTC after using it for such a long time??

1. Around 12+ months back, I saw a program on TV and then got interested in it and then searched and joined this forum.
2. Sometime after I joined this forum.
3. I think it's a great new technology which will change how we spend/store money.

I wanted to ask you guys a few questions related to BTC...

1.) Do any of you Use BTC for International Transfers ?? (In my opinion BTC save a lot of money as we won't have BANK Fees, Interbank transfers, no currency conversion charges, safe and instant transfer)

2.) How about BTC Trading (over forex/ share market) everyday?? is it wise to invest on BTC and do trading??

1. I make transactions everyday to a lot of people and most of them are from farthest corners of the world and you're correct it's fast, cheaper, safe and most importantly a lot easier than sending money worldwide using other mediums.

2. That's something for you to research on your own and then make your decision. But I think it is very wise to invest in BTC.

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November 22, 2015, 02:17:49 AM
 #11

Just experiment with it by getting some through a giveaway then from faucets then bought some from some payment processor that I had a few dollars in.
That is my story. Nothing too exciting.
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November 22, 2015, 10:20:10 AM
 #12

I knew about Bitcoin around 2009, that was when I first bought Bitcoin.

I only started to buy stuff, with Bitcoin, this year, when I found out about a great website called purse.io.

Bitcoin is revolutionary and I love using it.
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November 22, 2015, 10:41:00 AM
 #13

I knew about bitcoin ever since it came out. I didn't think much of it at the time so I didn't make any investments or didn't do anything with it.

I actually started doing BTC not too long ago. I believe now that it has a lot of potential in the future and it's never too late to start stashing BTC.
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November 22, 2015, 11:16:59 AM
 #14

1st time experience: well ... not really an experience, but somewhere in the final months of 2011 a friend told me about Bitcoin. He was mining them actively, while I found it an interesting phenomenom but brushed it off as some funny internet curiosity.

1st transaction: in april 2013 I bought a very small amount of Bitcoin and decided to trade with it to gain crypto. As I had never traded before and also was a complete n00b regarding crypto, I managed to blow up 90% of my initial investments in mere days.

Feeling about usage of BTC: it isn't some odd curiosity on the WWW like I thought in 2011, otherwise it wouldn't still exist after years and exploded in value since its conception. I think the technology could certainly overhaul the financial world in a positive way, but the question is: will it get accepted by the general public and thus gaining much more momentum ... ?

International transactions: sporadically. And in those cases, transfers were fast and without the known barriers the current financial systems presents nowadays.
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November 22, 2015, 12:37:46 PM
 #15

I knew about Bitcoin around 2009, that was when I first bought Bitcoin.

I only started to buy stuff, with Bitcoin, this year, when I found out about a great website called purse.io.

Bitcoin is revolutionary and I love using it.

so you're an early adopter?

i remember that i come accross bitcoin in 2010, but i ignored it completely i was thinking it was a virus or something

the i liked the mining aspect of the bitcoin and i loved it when i discovered about the whole thing
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November 22, 2015, 12:48:30 PM
 #16

1. I know bitcoin in april 2014
2. My first transaction is to buy vps using btc Smiley
3. It most easy rather than using fiat, especially when buy some service when i didn't have $ to pay. So bitcoin is very helpfull

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November 22, 2015, 02:18:11 PM
 #17

Unfortunately I have heard of Bitcoin in the news, begging of the December 2013, when it broke $1,000 mark!

I have gotten right away my first bitcoins from Virwox and I had paid those bastards huge fees. I think my first transaction was about $100 worth of bitcoins, that gave me about 0.09 BTCs.

I have sent them immediately to Cryptsy and there I started exchanging them for other altcoins and I started playing with all this!
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November 22, 2015, 02:19:51 PM
 #18

First heard about Bitcoin back in 2009 when it was worth peanuts and disregarded it as a gimmick

Now we're here...
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November 22, 2015, 02:41:37 PM
 #19

the first time i heard about bitcoin was back when it exploded and prices were at like $900, i thought it was almost impossible to get a bitcoin so i just ignored it. then later i decided to invest a bit into it when the prices were at like 600.

i remember checking bitcoin prices day and night to see if i broke even  Sad, it wasnt really an fun experience but it was still pretty exciting.
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November 22, 2015, 02:56:58 PM
 #20

Dear BTC users,

When I first visited BTC Talk, I saw it as a good marketplace (it is the best, no doubt)...never knew or used BTC before, even after being a member for a long time, i didn't use BTC and instead i used Paypal...

Recently (before 2-3 weeks), I created a new Bitcoin Account and started using BTCs for the first time...I'm overexcited to use BTCs than any other form of money transfers these days...Smiley Smiley This is huge turning point for me.

BTC have loads of potential, I'm still a beginner with BTC. This forum is too addictive and changed my life considerably.

1.) Your First Time experience with BTC ??
2.) When did you start using BTC for transactions??
3.) What do you feel about BTC after using it for such a long time??

-------------------

I wanted to ask you guys a few questions related to BTC...

1.) Do any of you Use BTC for International Transfers ?? (In my opinion BTC save a lot of money as we won't have BANK Fees, Interbank transfers, no currency conversion charges, safe and instant transfer)

2.) How about BTC Trading (over forex/ share market) everyday?? is it wise to invest on BTC and do trading??

please feel free to share your Views...Smiley Smiley Happy to see you all BTCTalkers...Smiley


First of all I want to say welcome to the forums and to the Bitcoin community , feel free to ask question in case you have any issues .
  • I saw couple of videos about it while searching about stuff related to PayPal on YouTube , and that was on 2013 I guess .
  • I started using Bitcoin for transaction at the end of 2014 (the price was ~700$ then If I remember right) .
  • I don't consider one year as a long period of time but well ... after sometime I felt that Bitcoin have great potentials and I decided to hold them instead of spending them.
  • Yes , in fact I don't use it locally at all because no one on my country really use Bitcoin .
  • It's pretty wise (at my point of view) to invest in BTC , However you should know that Bitcoin is a long term investment and not really to make quick profit and walk away, so if you are patient it's a good choice for you . For what comes to Trading I was never a fan of it (I suppose because I'm not that good at it ) .

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