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Author Topic: What can i do with Bitcoin?  (Read 18027 times)
MissGrey
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March 20, 2017, 07:21:27 PM
 #341

Recently Bitcoin got allot of investments, people are holding Bitcoin in wallets and expecting huge returns, but also questioning how i can use Bitcoin?
In my opinion most interesting ways to use Bitcon:

1. Travel to Bitcoin City Arhnem in Netherlands
2. Travel To Bitcoin Country Liberland

Also while we keep Bitcoins in our wallets sometimes we want more returns and we are looking where to invest Bitcoin?

Wanting more returns can burn your Bitcoin, because altcoins are copy of Bitcoin and created to scam you, just like high yield investment programs, bitcoin doublers, etc...
The concept of digital currency is created by Satoshi Nakamoto and no matter what revolutionary idea altcoins advertise they will fade away.
Bitcoin have no competitors and any altcoin idea can be implemented in Bitcoin.

Only if you are willing to analyse allot, track the news and know when the dump will come you can profit from these altcoins while they alive.
Because no matter what i will say people will invest in altcoins expecting that someone will rise like Bitcoin and they Become millionaires.
Yes we can become millionaire from altcoins, but keep mind that they will fade away and know when to get out the boat.

Ethereum, Monero, these altcoins had potential to make you millionaire, but not anymore, they will fade away too.
I understand the psychology of investors and how media effects investments and i made a profit from them.
For example with Monero, public information been available when  DeepWeb market "AlphabayMarket" integrate Monero.
Know when altcoin attracts huge investments and invest before.

Other way to use Bitcoin:
Trade stocks and forex with Bitcoin

How do you use your Bitcoin?

UPDATE:

I researched all the Altcoins and can say that Dash will win against Ethereum and possible even Bitcoin.
Dash solves problems that Bitcoin now have.
Dash have instant transactions, private sending, almost no fees and it's self fundable, all developers, masternodes, miners get's the percent.
Recently anonymous user submitted article about Dash in our page:

http://www.buywithbitcoin.info/if-bitcoin-will-not-progress-dash-will-overtake-bitcoin/


In fact, I was going to comment on Dash in the post, but I saw that you updated your post and changed your perception with the altcoins. It seems that Dash can overcome Bitcoin, besides the new ASIC of Baikal makes Dash an attractive investment and makes mining more decentralized.

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March 20, 2017, 07:55:17 PM
 #342

It depends on how you treat bitcoin if its an currency for you then you can spend it online sites for buying goods or by selling it and converting it to fiat but if its a pure form of investment for you then you can save it in cold storage without touching it and keep a watch at price charts and once it goes higher and if you are satisfied with the price you call sell it and if not you always have an option of holding them longer.

I guess that's not entirely true. Want to how bad our thoughts in the bitcoin, if indeed they can control the pattern of the bitcoin system or it will be very giving an advantage to them. Because the bitcoin work on pattern or system that has been created, so if there is someone who can control or understand the system, will definitely give you an advantage even though they intensified bitcoin on when they started working in it
 

There will be advantages and disadvantages in everything but as far as i know about btc, you can do almost everything what you can do with the money with little conversion. it is accepted in some of the places and some other places it is not. expecting it to become more popular among the people.


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March 20, 2017, 08:24:40 PM
 #343

i buy home and car with bitcoin , i am rich now because of bitcoin ....


Good you have got lot with btc. It depends up on the usage of the individuals. some people make btc as there part time job and some people make it there full time. i think you might have invested most of your time in btc so you have got the best result. i have not become rich because of btc but it is giving me additional and regular income which i can spend for myself. am very much happy with the btc.
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March 20, 2017, 10:11:19 PM
 #344

there are so many possibilities  Grin .. you can do gambling , investing , trading , buy some digital or physical goods tho .. bitcoin is lyfe man Cool
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March 20, 2017, 10:36:42 PM
 #345

You can doing a lot of things with Bitcoin, its REAL money. But if you dont like to trade or invest anything with bitcoins, just hold it into your secured wallet, when the price increase in the future , as expected, you can make good profit.

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March 21, 2017, 12:46:40 AM
 #346

You can doing a lot of things with Bitcoin, its REAL money. But if you dont like to trade or invest anything with bitcoins, just hold it into your secured wallet, when the price increase in the future , as expected, you can make good profit.




This is very accurate. Bitcoin to make it easy to understand is money. It is like our modern money. There is a lot of things you can do with bitcoin. I will give you hint where you can use bitcoin to its full potential - Internet.

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March 21, 2017, 12:54:20 AM
 #347

You can doing a lot of things with Bitcoin, its REAL money. But if you dont like to trade or invest anything with bitcoins, just hold it into your secured wallet, when the price increase in the future , as expected, you can make good profit.

This is very accurate. Bitcoin to make it easy to understand is money. It is like our modern money. There is a lot of things you can do with bitcoin. I will give you hint where you can use bitcoin to its full potential - Internet.

To be specific, bitcoin is one of the virtual currency o cryptocurrencies. It is the same as fiat in our real world, you can do almost everything like in traditional way the way we spend our fiat money.You can invest,pay for services etc as long as there are biller accepting it.

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March 21, 2017, 01:59:50 AM
 #348

you can convert bitcoin into real money as long as you have a trusted trading site that you convert that bitcoin just like the c-cex or any big site that is accepting bitcoin exchange with their money. In my country we have application that is instantly you can convert your bitcoin into money although it have a fee that is okay because their service is very good.

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gabbie2010
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March 21, 2017, 05:24:27 AM
 #349

Yes Bitcoin can be converted to real money in fact in developing countries where the rate of dollar is high compare to their local currency people earn Bitcoins as a means of their daily income, they earn Bitcoins by trading, signature campaign e.t.c all these can make-up a reasonable amount of money.

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March 21, 2017, 05:54:24 AM
 #350

there are so many possibilities  Grin .. you can do gambling , investing , trading , buy some digital or physical goods tho .. bitcoin is lyfe man Cool
Well I can't disagree with this bitcoin is life man! Yeah, that's it and we can't do almost everything with bitcoin just like fiat or real money.

Most of the people here are using bitcoin for gambling and trading which is also considered as investing.

Also if you don't want to do something with your bitcoins, you can simply hold it.



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Sempiternals
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March 21, 2017, 06:25:51 AM
 #351

i always fail while i try to hold my BTC ... i was soo addicted on gambling lol .. also i didnt know shit about trading ..so anyone can give me simple explanation haha  Grin
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March 21, 2017, 06:59:14 AM
 #352

i always fail while i try to hold my BTC ... i was soo addicted on gambling lol .. also i didnt know shit about trading ..so anyone can give me simple explanation haha  Grin
Whatever venture in your like you are going through you will never be successful once you have that addiction in gambling, it is a big distraction in your focus and instead of making money, you do the opposite which is losing money.

I guess you need to change your life's point of view first to have a good chance you will be successful with your journey.

 
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March 21, 2017, 07:07:18 AM
 #353

i always fail while i try to hold my BTC ... i was soo addicted on gambling lol .. also i didnt know shit about trading ..so anyone can give me simple explanation haha  Grin
Whatever venture in your like you are going through you will never be successful once you have that addiction in gambling, it is a big distraction in your focus and instead of making money, you do the opposite which is losing money.

I guess you need to change your life's point of view first to have a good chance you will be successful with your journey.

yeah i think so .. can you recommend any good investment please hehe  Grin .. i heard that invest on another crypto is also good option right ?
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March 21, 2017, 08:39:42 AM
 #354

There's a lot of things to do with your bitcoin and you are going to spend it. If you want to make it more you can try to invest that with trading. But make sure that you know what you are doing and you had background on how to do it because if you don't have. That can result to losing.

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March 21, 2017, 09:16:39 AM
 #355

hi everyone,,
so definitely a lot of things we can do with Bitcoin for both trading and other transactions, and some countries have made bitcoin as a second currency after the real currency
but returned to government regulations in the countries where we are, because there are some countries that prohibit the existence of bitcoin

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March 21, 2017, 09:29:33 AM
 #356

well im new here but recently got some btc,for years i was against btc for many reasons,but once tried setting up wallet and buying small amount it seemed a breeze.now thinking what to do with it dark web was first thing to pop into my mind where its effective.Since other purchases payments in the world are still easier to make using fiat and alternative methods just for security and piece of mind.

Now that said just another day i needed to do a task basically do some research writing,and believe it or not some topics could be major pain in the but,specially if doing for someone you know free of charge,thus figured in future actually just might put an add on the board,and pay someone in btc to do the work,also was impressed to see people selling gems,while not into them,but would certainly have interest in purchasing silver coins or bullion's,now while this can be done in fiat easily,but if doing private trades its possible to save on purchase tax,since every country has tax on precious metals and minerals,thus p2p seems interesting way.
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March 21, 2017, 09:39:17 AM
 #357

Yes Bitcoin can be converted to real money in fact in developing countries where the rate of dollar is high compare to their local currency people earn Bitcoins as a means of their daily income, they earn Bitcoins by trading, signature campaign e.t.c all these can make-up a reasonable amount of money.

That's true. Although the amounts of money one can earn from trading or from doing various jobs online for Bitcoins are negligibly small to people living in Western countries, they are reasonable amounts for others. And although 4-5 years ago it was pretty difficult to exchange BTC for local money, it has become quite easy these days. So the question "What can i do with Bitcoin?" sounds like "What can I do with money" to me.

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March 21, 2017, 11:33:26 AM
 #358

Using bitcoin is not a problem neither what you can do to it. The problem is once we  use it in a wrong aspect  bitcoin will goes only into nothing which is not good. You can hold some of your bitcoin just like savings putting it into a bank, then you can try to buy some altcoin in the ico signature campaign, then do some trade in the exchange sites.

                                 
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March 21, 2017, 12:24:49 PM
 #359

With bitcoin, you can do anything. It all depends on what your goals are.
You can simply hold it, or you can buy the goods using bitcoin. You can use bitcoin as an investment.
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March 21, 2017, 12:59:29 PM
 #360

With bitcoin, you can do anything. It all depends on what your goals are.
You can simply hold it, or you can buy the goods using bitcoin. You can use bitcoin as an investment.
Whatever you do will always depend on your purpose, bitcoin offers great benefits to the users as it is not only a currency but also and investment as well. If you want to earn money then you can trade or hold your bitcoin as it is an investment it self, or if you want to have fun you can spend in with online shopping for enjoy with different gambling sites in the crypto world. Bitcoin is freedom so you have to feel that to enjoy it.

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