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Author Topic: What can i do with Bitcoin?  (Read 19035 times)
MMA
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March 11, 2017, 01:26:12 PM
 #221

I use Bitcoin to pay something that's I needed, like pay my monthly bill, but I use Bitcoin not indirectly with Bitcoin, I convert to my local currency, but now I prefer to use it on a trading and saving my profit from trading hope the price can be much higher than now.
yes it is very good if bitcoin can help us in fulfilling our needs. but  we can see that the price of bitcoin is continuously increasing therefore i think it is not the right time to sell bitcoin but to hold it for the price increase. i am hopeful that very soon the price of bitcoin will cross 1500 USD level and is even expecting more, i think at the end of of 2017 the price of bitcoin will be trading above 2500 USD. therefore those  people who wan t to buy bitcoin they have still good time to buy and then hold it for the price increase.
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March 11, 2017, 02:10:40 PM
 #222

How do I use bitcoin? Well, I'm using it for an extra source of income to provide for my everyday needs. I joined signature campaigns to earn bitcoin. Aside from that, bitcoin is also part of my investments. I invested some of my bitcoin to my trusted sites and some of it I use for trading and future expenses. Bitcoin is very helpful in my daily living.
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March 11, 2017, 07:36:42 PM
 #223

Currently you can do anything with it, even going to shop and pay with your bitcoin debit card, the thing is i dont know if all places will allow the debit card option. Nowadays we can exchange anytime our coins and spend those money, but spending directly bitcoin or investing keeps being better to do it online since there are a huge marketplace dealing with bitcoins.
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March 11, 2017, 08:05:34 PM
 #224

We several things that we can do to our bitcoin. If you had it already you can keep and hold the 50% of your bitcoinBTC, then the rest of it you can use it to buy some other altcoin where you can trade it too or do the same things to hold them also like what you are going to do with BTC.
yes there are so many options to do with bitcoin but i think the best option in present time is to hold bitcoin and not use it anywhere. because the price of bitcoin is expected to increase so high that for it is the best option to hold bitcoin and not to invest it anywhere.
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March 11, 2017, 09:03:19 PM
 #225

you can use bitcoin to build future as to pay school fees your own or your children...


Not only you can use it for school bills, you can do many things with BTC, You can consider BTC as money not consider it is actually money,
what you can do with money you can do with btc. Only difference is it will be digital currency. you can use it for other utilities like paying the bill, trading, investing,shopping much more, By the way paying school fees is a good idea, i wish school start accepting btc on coming days. 
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March 11, 2017, 10:17:02 PM
 #226

We several things that we can do to our bitcoin. If you had it already you can keep and hold the 50% of your bitcoinBTC, then the rest of it you can use it to buy some other altcoin where you can trade it too or do the same things to hold them also like what you are going to do with BTC.
yes there are so many options to do with bitcoin but i think the best option in present time is to hold bitcoin and not use it anywhere. because the price of bitcoin is expected to increase so high that for it is the best option to hold bitcoin and not to invest it anywhere.

You can invest some part of it in trading to grow them faster and majority of them should be kept safe in wallet without taking an risk of investing them in any other investment sites as its very difficult to find any trusted site at a moment so if you can take certain level of risk then you can try your luck in trading.


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March 11, 2017, 10:22:28 PM
 #227

you can use bitcoin to build future as to pay school fees your own or your children...
Then saving is a better word for these post. I am also trying to save bitcoin for my future, but there are instances that I can't help myself to use my bitcoin because I really need it, it is hard to save because of it.
If you will really depend on bitcoin about the finances that you need, I think you must be really patient here, it needs time like investing.

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March 11, 2017, 10:57:47 PM
 #228

We several things that we can do to our bitcoin. If you had it already you can keep and hold the 50% of your bitcoinBTC, then the rest of it you can use it to buy some other altcoin where you can trade it too or do the same things to hold them also like what you are going to do with BTC.

Well for me its better to save your bitcoins without certain percentage. Just hold it out until you don't need to spend some. But when the times of need comes, then just use and spend it so that you can now have the benefits of having a bitcoin. So that will really depend on how you'll use it but that's what I'm doing and its effective.



 

 

 

 

 

 


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March 11, 2017, 11:29:33 PM
 #229

We several things that we can do to our bitcoin. If you had it already you can keep and hold the 50% of your bitcoinBTC, then the rest of it you can use it to buy some other altcoin where you can trade it too or do the same things to hold them also like what you are going to do with BTC.

Well for me its better to save your bitcoins without certain percentage. Just hold it out until you don't need to spend some. But when the times of need comes, then just use and spend it so that you can now have the benefits of having a bitcoin. So that will really depend on how you'll use it but that's what I'm doing and its effective.

Saving is always good either fiat or bitcoin but saving bitcoin will give you higher advantage then saving fiat as the value of fiat will never grow in future but you can expect much higher price of bitcoins in coming years so whatever you save it will become more valuable as time move on and if you are in need of money in emergency situation then spend only that you require and rest keep it safe for future.
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March 12, 2017, 07:14:55 AM
 #230

Bitcoin is an all-in-one tool IMO. You can use it as an investment tool, a payment scheme, a learning tool and a currency. But mostly it is used as an investment tool because it gives profit to investors who speculate on it. Also it can be used effectively in online shopping which i do most of the time with it.

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March 12, 2017, 08:19:24 AM
 #231

I want to use bitcoin in many sectors where I can.And yes desperately I am waiting for that time.when I can use it will be interesting.

You have said that you want to use Bitcoins in many sectors. So my curious mind wants to know that in which sectors you want to use it? I don't have enough knowledge about it that in which sectors Bitcoin can be used?

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March 12, 2017, 08:30:39 AM
 #232

What you can do now is hold your coins, then if have any enough fund take the chance to buy bitcoin for the future and save them in your storage wallet, then withdraw them at the right which you think it need to sell it when the price reach 5000$ or 10000$ cheers!:D
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March 12, 2017, 02:54:59 PM
 #233

What you can do now is hold your coins, then if have any enough fund take the chance to buy bitcoin for the future and save them in your storage wallet, then withdraw them at the right which you think it need to sell it when the price reach 5000$ or 10000$ cheers!:D
Holding bitcoin is not a good idea right now since the ETF is not approved yet and many people believe that it will not be accepted in this year. Therefore, you should use your Bitcoin for various purposes on the Internet because the prices are now very fluctuated. Also, you can try trade your bitcoin against USD, too. If you are good, you can earn a good amount of money. Otherwise, you can try gambling. Who know, you may be the luckiest guy on this planet

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March 12, 2017, 03:17:37 PM
 #234


Holding bitcoin is not a good idea right now since the ETF is not approved yet and many people believe that it will not be accepted in this year. Therefore, you should use your Bitcoin for various purposes on the Internet because the prices are now very fluctuated. Also, you can try trade your bitcoin against USD, too. If you are good, you can earn a good amount of money. Otherwise, you can try gambling. Who know, you may be the luckiest guy on this planet
[/quote]

In my opinion dont spent bitcoin. You yourself can see , the ETF decision didnt cause much variation in its price. Yeah off course minor variation was there. But it recovered it. I am sure , nobody cares this ETF decision. It will go side by side creating some news for the major newspapers and TV channels thereby increasing their TRP and popularity of bitcoin. Thats it.
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March 12, 2017, 03:46:25 PM
 #235

There are many things which we can do with our hard earning bitcoin. It can be preserve or it can be spent in shopping. Or it  can be now invest in some other business which will be fetching us a lot of profits as well. Bitcoin is for legal tenders.
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March 12, 2017, 04:18:08 PM
 #236


Holding bitcoin is not a good idea right now since the ETF is not approved yet and many people believe that it will not be accepted in this year. Therefore, you should use your Bitcoin for various purposes on the Internet because the prices are now very fluctuated. Also, you can try trade your bitcoin against USD, too. If you are good, you can earn a good amount of money. Otherwise, you can try gambling. Who know, you may be the luckiest guy on this planet

In my opinion dont spent bitcoin. You yourself can see , the ETF decision didnt cause much variation in its price. Yeah off course minor variation was there. But it recovered it. I am sure , nobody cares this ETF decision. It will go side by side creating some news for the major newspapers and TV channels thereby increasing their TRP and popularity of bitcoin. Thats it.
[/quote]

I agree with you. Bitcoin did not react very painfully to the Commission's decision. Its price quickly recovered. I'm very happy about this, it shows that bitcoin is strong cryptocurrency
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March 12, 2017, 04:24:27 PM
 #237

we can do many thing with bitcoin in our wallet like for example we can buy something in store online, make it as gift to our friends or our family, doing trading, buying altcoin and make that altcoin as our investment too like what we do with our bitcoin, use bitcoin for playing gambling in many sites and there are many more that we can do with bitcoin. you can named it and you can make a list that everything you want with your bitcoin.

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March 12, 2017, 05:17:18 PM
 #238

We several things that we can do to our bitcoin. If you had it already you can keep and hold the 50% of your bitcoinBTC, then the rest of it you can use it to buy some other altcoin where you can trade it too or do the same things to hold them also like what you are going to do with BTC.

Well for me its better to save your bitcoins without certain percentage. Just hold it out until you don't need to spend some. But when the times of need comes, then just use and spend it so that you can now have the benefits of having a bitcoin. So that will really depend on how you'll use it but that's what I'm doing and its effective.

Saving is always good either fiat or bitcoin but saving bitcoin will give you higher advantage then saving fiat as the value of fiat will never grow in future but you can expect much higher price of bitcoins in coming years so whatever you save it will become more valuable as time move on and if you are in need of money in emergency situation then spend only that you require and rest keep it safe for future.

Yeah saving in fiat will be a wasted since inflation happens every year but in bitcoin saving will always be the best choice. Because it's already proven that the longer that you will be saving bitcoin, the higher value of bitcoin that can happen before you will sell it. Many of us are doing and it's really satisfying to see the profits.



 

 

 

 

 

 


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March 12, 2017, 05:19:45 PM
 #239

You can do anything with bitcoin but for this you have enough bitcoins in your wallet, you can spend bitcoins in buying things online as well as offline and one thing more you can do with bitcoin is you can travel in your country and in different countries too. And you can also save your coins for future use and also hold your bitcoins to sell in future to get profit.
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March 12, 2017, 10:00:40 PM
 #240

We several things that we can do to our bitcoin. If you had it already you can keep and hold the 50% of your bitcoinBTC, then the rest of it you can use it to buy some other altcoin where you can trade it too or do the same things to hold them also like what you are going to do with BTC.

Well for me its better to save your bitcoins without certain percentage. Just hold it out until you don't need to spend some. But when the times of need comes, then just use and spend it so that you can now have the benefits of having a bitcoin. So that will really depend on how you'll use it but that's what I'm doing and its effective.

Saving is always good either fiat or bitcoin but saving bitcoin will give you higher advantage then saving fiat as the value of fiat will never grow in future but you can expect much higher price of bitcoins in coming years so whatever you save it will become more valuable as time move on and if you are in need of money in emergency situation then spend only that you require and rest keep it safe for future.

Yeah saving in fiat will be a wasted since inflation happens every year but in bitcoin saving will always be the best choice. Because it's already proven that the longer that you will be saving bitcoin, the higher value of bitcoin that can happen before you will sell it. Many of us are doing and it's really satisfying to see the profits.

Yes and saving money in banks will also not give you good returns as the interest paid by banks is too low nowadays and inflation will eat your money in long run so its better to save money in bitcoins as price keeps on increasing over a period of time so the money saved in bitcoins will be much higher in future if you hold it for a decent time frame.
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