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Author Topic: Can you survive off bitcoin alone?  (Read 1009 times)
eann014
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July 21, 2017, 10:19:05 AM
 #21

I do not think it is possible yet, at least for me. Things like healthcare are too expensive and unpredictable. The value of bitcoin is still fluctuating too much fpr me to entirely rely on it as a primary asset or income.
I agree, bitcoin value still unstable,so we still cannot rely in bitcoin right now, I think if this happens immediately some people will not survive, bitcoin needs to transact online and not all the time we have it whenever we go. Especially those who can't afford to. It is hard to rely in bitcoin right now. I don't think its a good idea.
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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gracegail741
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July 22, 2017, 02:01:13 PM
 #22

You can survive . Just sell  bitcoins  that you had and convert them into fiat.
 Just this way one can buy all the stuffs that he wanna buy
In the future bitcoins are going to be accept in the shops and malls as a mode of payment.
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July 22, 2017, 02:01:25 PM
 #23

No, because you'll need to convert your BTC to real money.
why because  most of the  stores, malls are not yet accepting BTC  payment.
They need some time to accept that btc.
atago
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July 22, 2017, 04:08:05 PM
 #24

It would take a lot of hustling to survive on corn only, but with the right connections u can do it.
BobBct
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July 27, 2017, 08:38:26 AM
 #25

I would living luxury when i get 1 BTC a day its like 2000+ dollars.
dakovic
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August 27, 2017, 12:33:43 AM
 #26

No, still need fiat for things like rent
BobBct
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August 27, 2017, 12:59:53 AM
 #27

Theres a big chance because BTC is now 4k+ it's even higher than my daily expenses.
Tonnes
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August 27, 2017, 01:42:30 AM
 #28

It's possible in Arnhem, Netherlands.
The biggest bitcoin commerce city.

You can rent studio, pay gas and get groceries.

Check the list of commerce accepting it:
https://www.arnhembitcoinstad.nl/#deelnemers

trilan
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August 27, 2017, 02:16:40 AM
 #29

No, I don't think I can survive with bitcoin alone. I see bitcoin as an investment like stocks, need to convert them to fiat then diversify to other channels.
plurred12
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August 28, 2017, 02:30:23 AM
 #30

No. You should encash bitcoin for you to be able to survive because there are limited stores that accept bitcoins or no stores at all.
Specterminate
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September 20, 2017, 12:59:39 PM
 #31

you can defintely figure it out with bitcoin

but until places start accepting BTC you'll have to exchange it for USD or whatever currency of your choice

it will take a while until people start using it daily, and mass adoption might never happen, but we are definitely in a good and the right way towards that - what an exciting time to be alive
James Ferrari
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December 11, 2017, 10:57:36 AM
 #32

I think it's possible
dunttcas
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December 11, 2017, 11:30:48 AM
 #33

I don't think I can yet, still need a main job to make a real money for survive
BitcoinFrik
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December 11, 2017, 11:35:25 AM
 #34

I had to, I could survive off of bitcoin alone forever.

I would simply trade my coin for gift cards from walmart or target for food.
Trade it for visa gift cards to pay bills.

1. How long could you survice?
2.How long do you think it will take bitcoin to go "mainstream"

I included my top 5 places to buy here.




I don't thinks so
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