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Question: Why do you have Bitcoin?
It is going upppp - 113 (36.9%)
Buying drugs - 4 (1.3%)
Buying other things/Using as Currency - 90 (29.4%)
FOMO - 15 (4.9%)
Gambling - 16 (5.2%)
Fuck the banks - 68 (22.2%)
Total Voters: 306

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Author Topic: Why do you have Bitcoin?  (Read 59045 times)
Strongkored
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August 12, 2016, 06:10:22 AM
 #941

Specially if your online wallet will end up like the Bitfinex. It is already ay risk there. Better get something that will minimize that risk.

Yeah, and therefore put our money in large numbers in the wallet exchanger is risky. I think better keep your money in the wallet which is fully controlled by you. As know, PrivateKey from the wallet. thank you

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Wandering Soul~
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August 12, 2016, 06:56:58 AM
 #942

For extra income of course, but gradually I realized that bitcoin can also be good in investing. What I mean in investing is just keeping it and wait for the price to increase. I'm too afraid to risk my bitcoin by investing to some casinos or something

Sorry to ask this but just what on earth is FOMO?

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August 12, 2016, 07:09:04 AM
 #943

Like what site? Can you listed some?

Also in trading, like I said, while you are on journey on building experience here, it will make you a better person when it comes to selecting good moves and making good analyzations.

I hope it is not an investment site, like HYIP or cloudmining which is another form of Ponzi. So if it's true then I think ponzi site is not a good investment.

For me better off using the money to trade rather than having to invest in a website. thank you

That is the right thing to do, invest your coins in trading rather then investing it in any ponzi sites where there is always an chance of loosing our money.
I believe at this point we should at least have learned enough big lessons for life time that cloud mining sites are highly probably ponzis and would rather invest our bitcoins in either trading or sports betting, or may be even invest it in a physical business in the real world.
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August 12, 2016, 07:19:22 AM
 #944

to shop online and buy anything i want....also have it in other to trade and invest with it!!!!
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August 12, 2016, 07:25:14 AM
 #945

Like what site? Can you listed some?

Also in trading, like I said, while you are on journey on building experience here, it will make you a better person when it comes to selecting good moves and making good analyzations.

I hope it is not an investment site, like HYIP or cloudmining which is another form of Ponzi. So if it's true then I think ponzi site is not a good investment.

For me better off using the money to trade rather than having to invest in a website. thank you

That is the right thing to do, invest your coins in trading rather then investing it in any ponzi sites where there is always an chance of loosing our money.
I believe at this point we should at least have learned enough big lessons for life time that cloud mining sites are highly probably ponzis and would rather invest our bitcoins in either trading or sports betting, or may be even invest it in a physical business in the real world.

Investing in real life business is the best thing to do as there is less chance of getting cheated and if you feel that bitcoin will not survive longer then you can always invest your money in gold.


 
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August 12, 2016, 07:25:28 AM
 #946

to shop online and buy anything i want....also have it in other to trade and invest with it!!!!
You cant buy really anything you want, because just a few shops accept Bitcoin.Maybe just if you exchange them
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August 12, 2016, 10:00:17 AM
 #947

I have Bitcoin, because as a new crypto currnecy, which i want to use in different things to buy, but now i realize Bitcoin is a really good crypto currency, now in this time, i utilize it in a different ways, like investment and alt coin trading. I am sure everyone have bitcoin now because of getting profit, we can earn the bitcoins easily at home.
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August 12, 2016, 11:22:32 AM
 #948

I could have voted for 2-3 options like gambling as well as using it as the currency and also the reason fuck the banks . But only could have select one i have voted for gambling because this is the most i do with bitcoins so far.It has made gambling easy and let me to gamble even with pretty smaller amounts.

Just be careful with gambling. Too much gambling can lead you to become addicted to it and can ruin your life in the long run. If you can control it, then I think  you will be okay. If not, better get away from it from time to time.
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August 12, 2016, 11:25:05 AM
 #949

to shop online and buy anything i want....also have it in other to trade and invest with it!!!!
You cant buy really anything you want, because just a few shops accept Bitcoin.Maybe just if you exchange them

if you have a xapo card or something else you can buy anything

Am I spamming? Report me!
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August 12, 2016, 11:41:06 AM
 #950

to shop online and buy anything i want....also have it in other to trade and invest with it!!!!
You cant buy really anything you want, because just a few shops accept Bitcoin.Maybe just if you exchange them

if you have a xapo card or something else you can buy anything

True, we are able to buy anything with xapo card for a store that we visited accept bitcoin and receiving cards from xapo. During the visit the store that we do not accept bitcoin I think we can not buy anything. And the conclusion we can not buy anything with bitcoin. im sorry.

PS: what you mean "something else" ?

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August 14, 2016, 06:34:10 AM
 #951

to shop online and buy anything i want....also have it in other to trade and invest with it!!!!
You cant buy really anything you want, because just a few shops accept Bitcoin.Maybe just if you exchange them

if you have a xapo card or something else you can buy anything

True, we are able to buy anything with xapo card for a store that we visited accept bitcoin and receiving cards from xapo. During the visit the store that we do not accept bitcoin I think we can not buy anything. And the conclusion we can not buy anything with bitcoin. im sorry.

PS: what you mean "something else" ?
As for "something else" I believe he meant other bitcoin debit cards.

It is true however that you can literally buy anything with bitcoins, but the hard part is finding the proper place to buy them. Just so you know, there is a lot of things that you can buy ranging from basic necessities to illegal services.
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August 14, 2016, 06:49:29 AM
 #952

Its an pure investment for me so I keep myself busy in earning and buying coins to a maximum extent to get best returns on my investment in future.
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August 15, 2016, 06:03:56 AM
 #953

Its an pure investment for me so I keep myself busy in earning and buying coins to a maximum extent to get best returns on my investment in future.

Thats right, bitcoin is actually the best investment i've ever known so far in my life, if someone can afford to buy bitcoins then he can really earn good returns on it later on in future, and even if someone cannot invest in it he should earn and store them for earning profits in future.
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August 15, 2016, 06:17:55 AM
 #954

I do have bitcoin because it gives me ability to earn in a much simple ways as a student i surely do have to buy all the requirements which sometimes my parents cant afford. That is why i was very thankful to know about this forum
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August 15, 2016, 08:33:30 AM
 #955

I do have bitcoin because it gives me ability to earn in a much simple ways as a student i surely do have to buy all the requirements which sometimes my parents cant afford. That is why i was very thankful to know about this forum

Bitcoin sure helps students earn money while studying. It also helps those who cannot get regular jobs to earn some money. But we should not just focus on the immediate benefits. We should also remember that bitcoin is here to free us from the bound of fiat.
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August 15, 2016, 08:55:33 AM
 #956

Its an pure investment for me so I keep myself busy in earning and buying coins to a maximum extent to get best returns on my investment in future.

Thats right, bitcoin is actually the best investment i've ever known so far in my life, if someone can afford to buy bitcoins then he can really earn good returns on it later on in future, and even if someone cannot invest in it he should earn and store them for earning profits in future.

Bitcoin gives us an opportunity to earn by performing various tasks, so if you cannot buy it then you should focus on various ways to earn it and save it for future to earn higher benefits from it.
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August 15, 2016, 12:29:26 PM
 #957

I do have bitcoin because it gives me ability to earn in a much simple ways as a student i surely do have to buy all the requirements which sometimes my parents cant afford. That is why i was very thankful to know about this forum

Bitcoin sure helps students earn money while studying. It also helps those who cannot get regular jobs to earn some money. But we should not just focus on the immediate benefits. We should also remember that bitcoin is here to free us from the bound of fiat.

Bound of fiat.  Grin We are bounded in it for many years and I think it will take some more to bring it down. Those who cant afford to have a smartphone and a PC cannot have this one yet also. Maybe if some paper could be created with bitcoin in it. But that would take a lot of support also from the government.
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August 15, 2016, 12:42:41 PM
 #958

I do have bitcoin because it gives me ability to earn in a much simple ways as a student i surely do have to buy all the requirements which sometimes my parents cant afford. That is why i was very thankful to know about this forum

Bitcoin sure helps students earn money while studying. It also helps those who cannot get regular jobs to earn some money. But we should not just focus on the immediate benefits. We should also remember that bitcoin is here to free us from the bound of fiat.

Bound of fiat.  Grin We are bounded in it for many years and I think it will take some more to bring it down. Those who cant afford to have a smartphone and a PC cannot have this one yet also. Maybe if some paper could be created with bitcoin in it. But that would take a lot of support also from the government.

If bitcoin gains physical form like fiat then we may see major growth in the users of bitcoin, as everyone have faith in something they can hold physically in their wallet.
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August 15, 2016, 12:56:31 PM
 #959

i have bitcoins for buy some goods and purchase virtual goods
most important is for future investment for a better future life Cheesy
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August 15, 2016, 12:57:54 PM
 #960

Always liked the idea of mining and spreading a currency without any real limitation.
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