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Author Topic: What can i do with Bitcoin?  (Read 19036 times)
Schuyler
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March 27, 2017, 02:08:56 AM
 #401

I have not been earning a lot lately so I am still still weighing my options if I am going to convert it to fiat or just wait for the price to reach four digits once again. If the bear is going to be with us for a while, I might be inclined to get funds elsewhere and just gamble and buy at these levels, hoping that sometime in the future, the price is going to increase again.
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March 27, 2017, 02:21:22 AM
 #402

I use bitcoin to buy all daily needs me and the family and partly I save for my future


Good to see you can use bitcoin to buy your daily needs, which means bitcoins is readily available in your local shops where you can buy with bitcoins. In my country there are not much options available in local shops so i mostly use bitcoin spending online or in most cases i have to convert my bitcoins in fiat and then use them for fulfilling my daily needs.

Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline.

It can be good to use a BTC debit card, but I think there aren't all countries who accept this kind of card on machines because of "flag". I already saw someone using it in Canada, probably in the USA it's allowed also.

It would be the most simple way to convert BTC to fiat instantly, but are you sure there isn't any fee? Because the middle man service must charge something, no?
In the past I considered those people very lucky one who were using bitcoin debit card as there was not any option for me which was easy to withdraw and use my bitcoins offline but now I am working on an exchange which is locally for my country so I am taking benefit from them.If anyone do not have the option for debit card then they search for any local exchange.
You are right, If we can't just buy bitcoin with our debit card, we can do exchange online or outline.
Online for example in localbitcoin
Outline, I mean in real life, you can exchange bitcoin against fiat with your friends or people who you trust.
So, Anyways there is not problem to convert bitcoin to fiat.


Buying and selling bitcoins has become really very easier now and thanks to localbitcoins which is best and trusted place to do so as since beginning of my bitcoin journey I am using the same place to buy or sell my bitcoins and never faced any problem related to safety of my money.
That's right, it has got high security features. Enabling it will never allow to enter easily​, also it has gained the reputation of bitcoin users around the world as the service is focused in such a way better  depending on the country. Also it is found among the list of licensed trading platforms among the five which gives added trust for the users enrolled into it.
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March 27, 2017, 02:50:27 AM
 #403

I have not been earning a lot lately so I am still still weighing my options if I am going to convert it to fiat or just wait for the price to reach four digits once again. If the bear is going to be with us for a while, I might be inclined to get funds elsewhere and just gamble and buy at these levels, hoping that sometime in the future, the price is going to increase again.

If you gamble and buy them with current price then your gamble will give you positive results in future as history of bitcoin clearly states that the price has gone higher over a period of time so looking at the past history I think there is nothing wrong in buying them even at the current price.

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batang_bitcoin
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March 27, 2017, 03:09:55 AM
 #404

I have a lot of things I do with bitcoin that is buying online stuffs, paying bills online, payment or transfer of payment. I joined also in an investment using bitcoin and buying and selling bitcoin. These are the things I do with bitcoin. But all of these the good thing is I earned in bitcoin also which Im really thankful.

Those are the very few things that we can do with our bitcoins. But as of now base on what is happening, you just need to do nothing with it. By keep on holding it you will be doing the best thing. Though if you need to spend some of it then just use it with your preferred activity.

Bitcoin is not widely used and accepted everywhere at a moment so spending them is bit difficult but if you are in urgent need of cash then you can sell them and convert it to fiat currency and if not then its better to hold them for future as price is low now so I don't see any point in spending them as it will give us less benefits if we spend them now.

But with the help of those local exchangers, spending bitcoin is easier for us. Too bad if you are living on a country that you don't have your own exchange but still you can use some other good trading platform where you can use your bitcoi for converting to PayPal funds which is still good and considerable as you used bitcoin for it.

Yeah if you don't have an option of spending it directly then you can always convert your bitcoins to fiat currency and spend wherever you want and now we also have an option of bitcoin debit card which has made things really easier as it is accepted everywhere like other bank cards so you can use it anywhere to buy almost anything.

I don't know why people are thinking about this and treat it as a problem not knowing that we all know on how to use our bitcoins. There are even people who are willing to buy bitcoins for their PayPal funds as long as you are going to have deal with trusted people here. But right now, holding is the best option.



 

 

 

 

 

 


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March 27, 2017, 03:16:18 AM
 #405

I have not been earning a lot lately so I am still still weighing my options if I am going to convert it to fiat or just wait for the price to reach four digits once again. If the bear is going to be with us for a while, I might be inclined to get funds elsewhere and just gamble and buy at these levels, hoping that sometime in the future, the price is going to increase again.

If you gamble and buy them with current price then your gamble will give you positive results in future as history of bitcoin clearly states that the price has gone higher over a period of time so looking at the past history I think there is nothing wrong in buying them even at the current price.

What an awful comparison with buying bitcoins as gambling. Buying bitcoins is like a physical assest you are buying as investment. A month before bitcoon value compared with a ounce of gold. We are in that mark. Don't give damn to this current dump. Price will recover for sure.
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March 27, 2017, 03:45:39 AM
 #406

I have not been earning a lot lately so I am still still weighing my options if I am going to convert it to fiat or just wait for the price to reach four digits once again. If the bear is going to be with us for a while, I might be inclined to get funds elsewhere and just gamble and buy at these levels, hoping that sometime in the future, the price is going to increase again.

If you gamble and buy them with current price then your gamble will give you positive results in future as history of bitcoin clearly states that the price has gone higher over a period of time so looking at the past history I think there is nothing wrong in buying them even at the current price.

What an awful comparison with buying bitcoins as gambling. Buying bitcoins is like a physical assest you are buying as investment. A month before bitcoon value compared with a ounce of gold. We are in that mark. Don't give damn to this current dump. Price will recover for sure.

Current dump is not permanent for sure and it will start recovering very soon and bitcoin is a digital gold whose value keeps on increasing at time passes so the smart thing would be to invest money in bitcoins at a moment as price is low and hold it for long term to get best returns on your investments in future.
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March 27, 2017, 07:55:47 AM
 #407

I use bitcoin to buy all daily needs me and the family and partly I save for my future


Good to see you can use bitcoin to buy your daily needs, which means bitcoins is readily available in your local shops where you can buy with bitcoins. In my country there are not much options available in local shops so i mostly use bitcoin spending online or in most cases i have to convert my bitcoins in fiat and then use them for fulfilling my daily needs.

Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline.
I agree, bitcoin debit cards are the new thing out there, they provide an instant exchange from bitcoin to your local currency at any ATM in the world and only for a few fees, and unlike regular credit cards they are cheaper and some of them only take a very short time to get delivered, some of them only cost like $20 to $30 and some of them cost only $1 but take $1 every month and it depends on how long you are going to use it.
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March 27, 2017, 08:14:43 AM
 #408

I use bitcoin to buy all daily needs me and the family and partly I save for my future


Good to see you can use bitcoin to buy your daily needs, which means bitcoins is readily available in your local shops where you can buy with bitcoins. In my country there are not much options available in local shops so i mostly use bitcoin spending online or in most cases i have to convert my bitcoins in fiat and then use them for fulfilling my daily needs.

Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline.
I agree, bitcoin debit cards are the new thing out there, they provide an instant exchange from bitcoin to your local currency at any ATM in the world and only for a few fees, and unlike regular credit cards they are cheaper and some of them only take a very short time to get delivered, some of them only cost like $20 to $30 and some of them cost only $1 but take $1 every month and it depends on how long you are going to use it.
I do really like on having my own bitcoin debit card which i do use cryptopay and experience was never been to easy on this one unlike on traditional cards do i have.Just a simple or a matter of clicks you could able to top-up your card and you can use it on any atm which do have visa which is really great.
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March 27, 2017, 09:31:44 AM
 #409

I have just used bitcoins for recharging my mobille as i dont find any merchants accepting bitcoins in india.I have idea of buying electronic goods using bitcoins online.
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March 27, 2017, 11:01:53 AM
 #410

I use bitcoin to buy all daily needs me and the family and partly I save for my future


Good to see you can use bitcoin to buy your daily needs, which means bitcoins is readily available in your local shops where you can buy with bitcoins. In my country there are not much options available in local shops so i mostly use bitcoin spending online or in most cases i have to convert my bitcoins in fiat and then use them for fulfilling my daily needs.

Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline.
I agree, bitcoin debit cards are the new thing out there, they provide an instant exchange from bitcoin to your local currency at any ATM in the world and only for a few fees, and unlike regular credit cards they are cheaper and some of them only take a very short time to get delivered, some of them only cost like $20 to $30 and some of them cost only $1 but take $1 every month and it depends on how long you are going to use it.
I do really like on having my own bitcoin debit card which i do use cryptopay and experience was never been to easy on this one unlike on traditional cards do i have.Just a simple or a matter of clicks you could able to top-up your card and you can use it on any atm which do have visa which is really great.

I do not argue debit card will greatly simplify the use of bitcoins. But it is only for those who decided to spend their assets.
But you can still just keep the bitcoins for a long time. I think this is a good investment
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March 27, 2017, 11:13:02 AM
 #411

I use bitcoin to buy all daily needs me and the family and partly I save for my future


Good to see you can use bitcoin to buy your daily needs, which means bitcoins is readily available in your local shops where you can buy with bitcoins. In my country there are not much options available in local shops so i mostly use bitcoin spending online or in most cases i have to convert my bitcoins in fiat and then use them for fulfilling my daily needs.

Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline.
I agree, bitcoin debit cards are the new thing out there, they provide an instant exchange from bitcoin to your local currency at any ATM in the world and only for a few fees, and unlike regular credit cards they are cheaper and some of them only take a very short time to get delivered, some of them only cost like $20 to $30 and some of them cost only $1 but take $1 every month and it depends on how long you are going to use it.
I do really like on having my own bitcoin debit card which i do use cryptopay and experience was never been to easy on this one unlike on traditional cards do i have.Just a simple or a matter of clicks you could able to top-up your card and you can use it on any atm which do have visa which is really great.

I do not argue debit card will greatly simplify the use of bitcoins. But it is only for those who decided to spend their assets.
But you can still just keep the bitcoins for a long time. I think this is a good investment

Right now looks like that the best option is to try to keep our "digital" coins (BTC, ETH and so on) stored... From 2015 up to date, BTC raised from $190 to ~ $1000! It also happened with ETH and other altcoins that add some value over BTC proposition, IMO.

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March 27, 2017, 11:13:57 AM
 #412

I have just used bitcoins for recharging my mobille as i dont find any merchants accepting bitcoins in india.I have idea of buying electronic goods using bitcoins online.

Yeah you could do that here and maybe be transported to your country or if you have an online shop in your country that accepts bitcoin as payment that would be cool.
How about games? Do you like games? You could use it now in steam to buy games or to top up to buy items from your steam powered game.

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March 27, 2017, 11:20:41 AM
 #413

I have just used bitcoins for recharging my mobille as i dont find any merchants accepting bitcoins in india.I have idea of buying electronic goods using bitcoins online.

Yeah you could do that here and maybe be transported to your country or if you have an online shop in your country that accepts bitcoin as payment that would be cool.
How about games? Do you like games? You could use it now in steam to buy games or to top up to buy items from your steam powered game.
Yeah , here with the earnings of the bitcoin we can do many things like trading and other small recharge top-up that's are available easily at many sites but the most best site that I like is bitrefil and zebpay .
Beside of these types of the ways to do work with bitcoin we have the fascility of the buy online stuff at bug discount because we have the fascility to get voucher gift card at 3-15% discount to make shopping , so this is also a way to make fun our life with expensive shop.at low price .
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March 27, 2017, 12:29:57 PM
 #414

When making transactions with conventional currencies, users can pay rates ranging from 2 to 9%. Obviously, transactions are different from person to person.
The costs associated with bitcoins are lower. The average transaction fee usually costs less than 1% of the transaction.
Therefore, from the tariff point of view, the advantages of bitcoins are greater than traditional transactions. On the other hand, there is also no way for a third party to intercept such transactions. Therefore, there is no viable way to implement a tax system for this digital currency.
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March 27, 2017, 12:31:53 PM
 #415

 :)you can do whatever you want do with your bitcoin, you can save it, you can used it to buy something on internet, you can sell it and exchange into fiat, or you can used it by doing trading. bitcoin its mean you have your own control to manage your bitcoin and only that can used your bitcoin except you shared your wallet into others people.
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March 27, 2017, 12:41:20 PM
 #416

Bitcoin is a perfect trading tool, you can do everything you want for bitcoin. Everything is easy and convenient. At the present time, bitcoin is branching out, it's a hard time, the hardfork is going to happen and the bitcoin needs a proper selection. For those using and trading bitcoin, we should find out information, and make a decision to sell the bitcoin or keep it back before the results of the hardfork happen. There will be a lot of variation, and it will greatly affect everyone.
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March 27, 2017, 12:49:59 PM
 #417

I use bitcoin to buy all daily needs me and the family and partly I save for my future


Good to see you can use bitcoin to buy your daily needs, which means bitcoins is readily available in your local shops where you can buy with bitcoins. In my country there are not much options available in local shops so i mostly use bitcoin spending online or in most cases i have to convert my bitcoins in fiat and then use them for fulfilling my daily needs.

Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline.

It can be good to use a BTC debit card, but I think there aren't all countries who accept this kind of card on machines because of "flag". I already saw someone using it in Canada, probably in the USA it's allowed also.

It would be the most simple way to convert BTC to fiat instantly, but are you sure there isn't any fee? Because the middle man service must charge something, no?
In the past I considered those people very lucky one who were using bitcoin debit card as there was not any option for me which was easy to withdraw and use my bitcoins offline but now I am working on an exchange which is locally for my country so I am taking benefit from them.If anyone do not have the option for debit card then they search for any local exchange.
You are right, If we can't just buy bitcoin with our debit card, we can do exchange online or outline.
Online for example in localbitcoin
Outline, I mean in real life, you can exchange bitcoin against fiat with your friends or people who you trust.
So, Anyways there is not problem to convert bitcoin to fiat.


Buying and selling bitcoins has become really very easier now and thanks to localbitcoins which is best and trusted place to do so as since beginning of my bitcoin journey I am using the same place to buy or sell my bitcoins and never faced any problem related to safety of my money.
yes that is right to say that buying and selling of bitcoin through local bitcoins is a good way to use bitcoin. i myself using local bitcoins for buying or selling bitcoin, i always found it reliable and trusted.
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March 27, 2017, 02:19:10 PM
 #418

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/


I think DASH will be in great demand but not to beat bitcoin. so save your bitcoin for the future.  Cheesy



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March 27, 2017, 03:00:21 PM
 #419

You can just forget about the bitcoins that you have for 4-5 years. Then you can have a good amount of U.S. dollars with respect to the increase in the bitcoin. If you don't tend to trade, you can just keep yours for couple of years.
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March 29, 2017, 08:03:21 AM
 #420

Many things can you can do with bitcoins like spending it online anywhere in the internet today. Because many websites today accepts bitcoins as an primary payment processor. Also you can use bitcoin as your personal business income like in using loading like my wallet coins.ph, They have many features like E-Loading, Paying bills, paying onlines also you can have rebit with every payment. Today bitcoin is in demand, You can also trade bitcoin for for paypal, payza, payeer and perfect money.

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