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Author Topic: I did not understand something with the Bitcoin  (Read 3635 times)
crwth
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November 28, 2016, 06:57:49 PM
 #101

The wonderful thing about Bitcoin is how easy the transactions can be, it just need to be confirmed by the blockchain and voila, bitcoins appear in your wallet. That's why I think it's okay to be paid in bitcoin rather than real money because it's much easier. Just send the address and boom, money. In your point of view, I was also concerned about that, but since the price of bitcoin can either go up or go down, the question remains "When are you going to exchange it?" or better yet "Do you need FIAT over Bitcoin now?" It's all about timing and the necessity of things. Just remember to be responsible on it.

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November 28, 2016, 07:37:47 PM
 #102

The wonderful thing about Bitcoin is how easy the transactions can be, it just need to be confirmed by the blockchain and voila, bitcoins appear in your wallet. That's why I think it's okay to be paid in bitcoin rather than real money because it's much easier. Just send the address and boom, money. In your point of view, I was also concerned about that, but since the price of bitcoin can either go up or go down, the question remains "When are you going to exchange it?" or better yet "Do you need FIAT over Bitcoin now?" It's all about timing and the necessity of things. Just remember to be responsible on it.

If you have fiat money or bitcoin he doesn't matter, is the way your manage your money. The price of bitcoin can change rapidly in minutes but is also true for the forex exchange as well. Your right that is very convenient to get paid in bitcoin because is easy and fast to receive it into your wallet.

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November 28, 2016, 07:47:18 PM
 #103

there are some ways users van follow
1. collect your koney till the price gets up again
2. gamble and try to make how much you faced into the recession that is something like 1-2%
3. do not care about the price drop and do the normal trading
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November 28, 2016, 11:35:00 PM
 #104

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

well that is one of the risk of using bitcoin, but when you got bitcoin and you don't have any urgency it is better to keep your coin, because the bitcoin price can go up someday, so as long as you are patience you can gain more profit with bitcoin


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Catlonid
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November 29, 2016, 12:11:02 AM
 #105

Bitcoin is revolutionary, but get paid for his work in Bitcoin is not a bit risky?
If the price of Bitcoin decrease, and you have already been paid in Bitcoin, what will you do?
What is your opinion on that?

well that is one of the risk of using bitcoin, but when you got bitcoin and you don't have any urgency it is better to keep your coin, because the bitcoin price can go up someday, so as long as you are patience you can gain more profit with bitcoin

you are right, someday the bitcoin price can go up but whether the price of bitcoin in someday ca go up? if go down? we don't know about that. So, I think using bitcoin like another currency or you save bitcoin and when the price bitcoin begin to go down you sell the bitcoin.
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November 29, 2016, 12:50:04 AM
 #106

I am also new to bitcoin not yet 5 months, a lot of things and terms that I do not understand, but with the existence of this forum is largely already answered. Thanks forum.

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