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Author Topic: How can I benefit from btc?  (Read 5978 times)
Kprawn
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May 10, 2016, 05:06:52 PM
 #41

Every person has their own reason for using Bitcoin over other payment methods... The benefits I get from this :

~ No charge backs {merchant benefit}
~ Fast transactions online
~ Cross border Remittance with lower fees
~ Micro transactions
~ A more secure online payment method than credit cards and PayPal {IF you use it correctly}
~ Pseudo anonymity online { Once again, if you use it correctly}

Bitcoin is a financial breakthrough and a disruptive force and it's just COOL to use something that are not controlled by governments or centralized services with absurd rules and regulations.  Roll Eyes

Use it at own risk... beware it's highly addictive.  Grin Grin Grin

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notlist3d
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May 10, 2016, 06:49:17 PM
 #42

Every person has their own reason for using Bitcoin over other payment methods... The benefits I get from this :

~ No charge backs {merchant benefit}
~ Fast transactions online
~ Cross border Remittance with lower fees
~ Micro transactions
~ A more secure online payment method than credit cards and PayPal {IF you use it correctly}
~ Pseudo anonymity online { Once again, if you use it correctly}

Bitcoin is a financial breakthrough and a disruptive force and it's just COOL to use something that are not controlled by governments or centralized services with absurd rules and regulations.  Roll Eyes

Use it at own risk... beware it's highly addictive.  Grin Grin Grin


On the one I bolded I'm not 100 percent sure on that.  I think it depends on which side of transaction you are on if buying or selling.  Selling yes it's great that there is no charge back and security behind.

But once upon a time I was new  (long ago Smiley ) and pre-ordered a terrahash miner using a credit card/pay pal allowed me to get my money back when those that paid BTC sadly lost it all.   So I had security against scam's as a buyer that BTC does not offer (unless talking about using escrow).
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May 10, 2016, 09:37:29 PM
 #43

How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?

if you have 2 BTC there are several ways to grow.

trading : you can get a great result, but you have to learn and have knowledge of trading, because trading has a high risk

or if you want more secure, just buy and wait for price rise. and halving will make it faster.

Yes and bitcoin is considered as an best investment at a moment, and the value of bitcoin is moving up now so if you don't want to take any risk by investing it then you should simply hold it.
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May 11, 2016, 09:14:46 AM
 #44

bitcoin is like investment , it may go higher rate ,and also you can use it for currency exchange.

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May 11, 2016, 11:33:21 AM
 #45

How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?

You can take benefit from bitcoin by using it to complete the bill and payment with bitcoin. Because the low fee transactions is really give benefit to bitcoin' s user.
Maybe the other benefit is we can use it easy and when we don't need to use bitcoin, bitcoin price has potential chance to growing up in few next time.

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May 11, 2016, 12:02:57 PM
 #46

bitcoin is like investment , it may go higher rate ,and also you can use it for currency exchange.

Well described. It's upon every users requirement how it needs to be used. In my opinion most users use bitcoin as an additional earning and investment. Only very few use this as currency as only limited service were available for bitcoin.
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May 11, 2016, 02:15:42 PM
 #47

How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?

You can earn more by getting lucky trading altcoins but be sure to read the sticky on altcoins first. If you can keep the 2btc aside for a while that could benefit you as well, could be interesting in regards to the halving

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May 12, 2016, 05:37:47 AM
 #48

How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?
btc is a one of the most popular and first high rate electronic currency.if you have a 2 btc ou can hold this and after some days its value higher its a one way to make profit with this also you can trade with this in alt coins
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May 12, 2016, 06:06:23 AM
 #49

soon bitcoin will be acceptable to all merchant. a good thing Smiley
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May 12, 2016, 06:14:52 AM
 #50

soon bitcoin will be acceptable to all merchant. a good thing Smiley

Yes it will happen soon, we just need to continue what we are doing with bitcoins today and other merchants will be persuaded to use bitcoin for their terms of payment. Don't worry it will happen.

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May 12, 2016, 07:10:28 AM
 #51

soon bitcoin will be acceptable to all merchant. a good thing Smiley

Yes it will happen soon, we just need to continue what we are doing with bitcoins today and other merchants will be persuaded to use bitcoin for their terms of payment. Don't worry it will happen.

I think it will happen via the credit/debit cards we have seen a few of.  That you can use to purchase goods swipe card and it subtracts it from your BTC balance.  I think the time where all merchants truly accept BTC is not that close.  We have some time till mass adoption.

We are moving in right direction is the good thing.   But it is a slow process and still is going to take time and educating people.
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May 13, 2016, 09:25:23 AM
 #52

Bitcoin is like growing thing , if you hold it for more time the value increase by time and then you can  sell it for higher price .


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May 13, 2016, 10:04:42 AM
 #53

soon bitcoin will be acceptable to all merchant. a good thing Smiley

Yes it will happen soon, we just need to continue what we are doing with bitcoins today and other merchants will be persuaded to use bitcoin for their terms of payment. Don't worry it will happen.

I think it will happen via the credit/debit cards we have seen a few of.  That you can use to purchase goods swipe card and it subtracts it from your BTC balance.  I think the time where all merchants truly accept BTC is not that close.  We have some time till mass adoption.

We are moving in right direction is the good thing.   But it is a slow process and still is going to take time and educating people.

It will take time for sure, but if bitcoin gets in the form of card like debit/credit card then it can attract many people to use it, and it will be also easy and convenient to use.
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May 14, 2016, 09:15:27 AM
 #54

Bitcoin is like growing thing , if you hold it for more time the value increase by time and then you can  sell it for higher price .



Yeah truly bitcoin is the only currency that grows with respect to time unlike other local currencies we use in our daily life. So if a user buys bitcoin then without doubt user will be benefited.
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May 14, 2016, 09:45:57 AM
 #55

Ok split it into 3 parts.  How do you benefit?  We need to know more about your situation but bitcoin is a payment network that spans the world.   Easy to use and send to someone far away if needed.   Some benefit much more from it's functions then others.
Ok before buying 2 you need to decide what is your goal?   Are you buying for a profit?  If so could mean holding it a decent amount of time trying to gain a profit.  There are no guarantees you could win big or lose big.  But you need to decide are you happy with 10 dollar profit? 50 dollar profit?   ETC.  No one else but you can set your goals.
You really need to read more about the beneficial nature of bitcoin and what it has to offer.  As far as "rush over btc" it is the number one crypto currency.   So it is the one with the most publicity, most acceptance, etc.    So if looking at crypto world it is the coin use most of time.
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May 14, 2016, 10:13:19 AM
 #56

How can I benefit from btc? I mean let's say I bought 2 btc, what next? how can I earn more of btc or dollars
Why do people rush over btc if it's just an electric currency without having benefit from it?

There exists no infallible way to benefit from BTC in terms of making money. A lot of people buy BTC with the hope that the value will go up which basically just speculation. I would say that is probably your best bet if you want to try and profit from BTC without actually doing anything. Just buy some with your spare money and keep it for a year or more and see what happens  Wink
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May 14, 2016, 10:46:17 AM
 #57

Bitcoin is like growing thing , if you hold it for more time the value increase by time and then you can  sell it for higher price .



That's one of the goodness and advantage of bitcoin the longer the days, years goes by the price of bitcoin will surely increase but still there is also a downfall that is happening to bitcoin if that happens it will happen only for just a short time.

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May 17, 2016, 11:20:15 AM
 #58

Try to trading in poloniex or yobit start only with eth because of high volume & low risk for first try .put your order for eth little lower and sell a little higher.
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May 17, 2016, 03:09:19 PM
 #59

Try to trading in poloniex or yobit start only with eth because of high volume & low risk for first try .put your order for eth little lower and sell a little higher.

Yeah poloniex is very good and trusted site, you should give a try with small amount to gain a experience and if you don't knowledge then invest only that you can afford to loose.
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May 18, 2016, 12:29:35 AM
 #60

Invest now in bitcoin to get benefits in future, as price movement is good and moving in positive direction which can help in earning higher profits in future.
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