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Author Topic: Saving bitcoins  (Read 32700 times)
Osarman
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March 17, 2017, 03:09:06 PM
 #261

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
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March 17, 2017, 03:22:55 PM
Last edit: March 18, 2017, 12:04:41 PM by deisik
 #262

Unfortunately until now there is no bank bitcoin so do not know what percentage of profit that we will get, from the results of our bitcoin storage, to the system, I still do not know the same or different from the banking system in general

While there are no Bitcoin banks as of yet, the interest can well be guesstimated

There are (were) a few services that already pay (paid) interest on the funds held in their accounts. I don't know how about right now, but previously Bter (a Chinese exchange notorious for being a victim of numerous hacks) had been paying 10-12% annual interest rates, then they dropped the rate to around 5%. Now freebitco.in faucet is offering a compounded interest of 4.08% annually. In this manner, this is what a Bitcoin bank would likely be paying, i.e. somewhere in the range of 3-6% annually

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March 17, 2017, 03:55:59 PM
 #263

I think if there are banks where
you can store bitcoin,probably
nothing will going to change in
its percent.
CraigWrightBTC
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March 17, 2017, 03:58:18 PM
 #264

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
Yes and we can save bitcoin on our wallet we can become own bank, so there are not needs for bitcoin.
 But if we want make money related bitcoin, we can invest our bitcoin on trading, mining and other,
saving bitcoin doesn't needs banks because every users of bitcoin are the Banks.
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March 17, 2017, 09:07:19 PM
 #265

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
in fact holding bitcoin is the best option in present time. i thin every one is expecting that the price of bitcoin can increase more and more therefore i think holding bitcoin is the best option i think.
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March 17, 2017, 09:12:54 PM
 #266

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
in fact holding bitcoin is the best option in present time. i thin every one is expecting that the price of bitcoin can increase more and more therefore i think holding bitcoin is the best option i think.
Every fifth participant said that he was buying a crypto currency, because he did not want banks or the government to control his money. All seven years of its existence, bitcoin was analogous to gold for investors who do not trust central banks. And now there is an opportunity to distinguish your state several times, as the price of bitcoin goes up.
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March 17, 2017, 09:15:13 PM
 #267

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
in fact holding bitcoin is the best option in present time. i thin every one is expecting that the price of bitcoin can increase more and more therefore i think holding bitcoin is the best option i think.

Hold most of them for future and with rest try to multiply them in trading and if everything goes fine then you will be holding more number of coins in future which will give you higher profits as of now spending is not good and saving them is the best idea.

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March 17, 2017, 09:47:10 PM
 #268

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
in fact holding bitcoin is the best option in present time. i thin every one is expecting that the price of bitcoin can increase more and more therefore i think holding bitcoin is the best option i think.

Hold most of them for future and with rest try to multiply them in trading and if everything goes fine then you will be holding more number of coins in future which will give you higher profits as of now spending is not good and saving them is the best idea.

Yes, it's good to store, but to multiply is even better. I also try to increase the number of my coins. That's when the price went down - I buy coins.
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March 17, 2017, 09:59:47 PM
 #269

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
in fact holding bitcoin is the best option in present time. i thin every one is expecting that the price of bitcoin can increase more and more therefore i think holding bitcoin is the best option i think.

Hold most of them for future and with rest try to multiply them in trading and if everything goes fine then you will be holding more number of coins in future which will give you higher profits as of now spending is not good and saving them is the best idea.

Yes, it's good to store, but to multiply is even better. I also try to increase the number of my coins. That's when the price went down - I buy coins.

Holding is good if you have huge volume of bitcoins in your wallet and if not then its good to make some efforts to take them to higher level and that is possible with trading altcoins as if you have chosen some good potential coin and if it starts moving up in next few days then it will allow you to grow your coins and making profits from it is an added advantage.
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March 17, 2017, 11:19:43 PM
 #270

We should always BTC keep seving. For feature. And wait for the price to go higher as keeping money in bitcoins is saving and also a investment at a same time and saving money in bitcoins will grow your money even if you don't do anything with it and it will give best outcome in compare to saving money in banks.
yeah a lot of people are holding their bitcoin for the future because they know that bitcoin will be more increasing its price and we know bitcoin increasing its price too much faster day by day and a lot of people adopting bitcoin as investment.
in fact holding bitcoin is the best option in present time. i thin every one is expecting that the price of bitcoin can increase more and more therefore i think holding bitcoin is the best option i think.
yes i  think bitcoin need a great support form its uses so that the price of bitcoin do not fell down any more and get a strong support, hope very soon bitcoin will recover its previous position.
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March 18, 2017, 02:16:35 AM
 #271

We should always keep seving for our future.
And it is very important for our future.we should wait for BTC increase reat for.BTC seal.in fact holding bitcoin is the best option in present time. i thin every one is expecting that the price of bitcoin can increase more and more therefore i think holding bitcoin is the best option i think.
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March 18, 2017, 04:59:25 AM
 #272

If you want to save bitcoin, save it on your online wallet. It is wiser if you do not convert your bitcoin to fiat currency then deposit in a bank.There's much higher profit in wallet if you just wait for the value of bitcoin to inflate.

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March 18, 2017, 05:02:45 AM
 #273

Save as store in a bank? That s possible.

Getting interest rate on BTC in an actual bank, that s not gonna happen for some time.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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March 18, 2017, 06:22:47 AM
 #274

Save as store in a bank? That s possible.

That's possible but as of now I can't see that there's a bank that is willing to do this type of depositing and saving of bitcoins, since it's risky and bitcoin is decentralized.

Getting interest rate on BTC in an actual bank, that s not gonna happen for some time.

It's better to get interest rate because of the price increase of bitcoin rather than getting interest rate from banks which is covered by tax.






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March 18, 2017, 06:31:29 AM
 #275

Saving/keep bitcoin looks like stupid idea since bitcoin is decentralized and there's no point of using bank unless you need the features/services that offered by the bank.
Furthermore, bitcoin don't experience inflation but deflation, so it's impossible to get deposit rate unless you sell your bitcoin to other currency.
Saving bitcoin is actually a great thing to do mostly when bitcoin dumps. It is worth to save them when they are cheaper then you sell it at higher price as it spikes your target sell order.
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March 18, 2017, 06:34:33 AM
 #276

If you want to save bitcoin, save it on your online wallet. It is wiser if you do not convert your bitcoin to fiat currency then deposit in a bank.There's much higher profit in wallet if you just wait for the value of bitcoin to inflate.
Some do not recommend to use or store big amount in online wallet.
But then I use that same way too, I store coins in online since I do not use offline wallet in my PC, I am much afraid to it because virus is everywhere in computer.
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March 18, 2017, 06:42:55 AM
 #277

Saving is a good idea, you can also save without a bank as safely and protected. I would not let my coins controlled by others.
Offline wallet speaking like storing your bitcoins on a PC, why don't you try apllications run by a Linux OS because I heard that no virus can damage its system.

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March 18, 2017, 07:03:56 AM
 #278

You can't save your bitcoin directly to a bank unless there is already a bitcoin bank in your location. If it is not yet available then it will be converted first on your country's currency or your prefered other currency option. The rate will be depends on the bank because sometimes they have differences.

I guess there were some countries that uses and accept bitcoin legally and so the bank accepted in some, I guess in the Philippines the Central Bank there accepts already If I am not mistaken.  But dont worry as soon everyone will decide to accept bitcoin because of its so much popularity.


Central bank of the Philippines are accepting bitcoin but not for investment, just a payment on every transactions that their customers going to be make to them. But yeah, I'm sure that in the near future, bitcoin would be accepted everywhere, as an investment, as a payment, or whatever they want to do with bitcoin. We just have to wait for this thing to happen, and keep on holding our bitcoins.
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March 18, 2017, 07:53:55 AM
 #279

You can't save your bitcoin directly to a bank unless there is already a bitcoin bank in your location. If it is not yet available then it will be converted first on your country's currency or your prefered other currency option. The rate will be depends on the bank because sometimes they have differences.

I guess there were some countries that uses and accept bitcoin legally and so the bank accepted in some, I guess in the Philippines the Central Bank there accepts already If I am not mistaken.  But dont worry as soon everyone will decide to accept bitcoin because of its so much popularity.


Central bank of the Philippines are accepting bitcoin but not for investment, just a payment on every transactions that their customers going to be make to them. But yeah, I'm sure that in the near future, bitcoin would be accepted everywhere, as an investment, as a payment, or whatever they want to do with bitcoin. We just have to wait for this thing to happen, and keep on holding our bitcoins.

This is not saving, this is all about spending lol.  I think the Banko Sentral ng Pilipinas is just for profit in acknowledging Bitcoin.  They once announced a warning to the Filipino regarding Bitcoin last 2014, and now they are accepting it because they have seen millions dollar transaction and wanted to get a cut of that transaction.  



Saving in bitcoin at least 10% of your earning will really help your life one day.  Due to the ever increasing of Bitcoin price, the once 10% would be equal to 100% of your earnings that time due to BTC increased value.
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March 18, 2017, 08:03:45 AM
 #280

Saving in bitcoin at least 10% of your earning will really help your life one day.  Due to the ever increasing of Bitcoin price, the once 10% would be equal to 100% of your earnings that time due to BTC increased value.

Even with 5% if the 10% is too much especially to those who's salary are enough for their daily needs.  5% of income converted to Bitcoin and hold it for a very long time, 5 to 10 years maybe.  It may not that much today but I am sure this will have a good price after 5 years and what more if 10 years had past.  
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