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Author Topic: Another Good Reason to Own Some BTC  (Read 5009 times)
joshy23
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July 09, 2017, 12:06:00 AM
 #101

I think the main thing that makes me own bitcoin is the future expectation to get rich, we all know that when bitcoin prices reach more than $ 1000 then many new rich people, they tell a lot in various media, now the price has reached $ 2500 and it's time to see 5 more years The price will reach $ 15,000.

I do expect a lot in the future to bitcoin. Because I started to use bitcoin when the price is lower than $500 and now it has increased 400% and even 500% last time. I think the good reason to own some bitcoin is you are financially secured. When you ran out of fiat, you can just simply get out and convert to cash your bitcoin.

Yes. The price really exponentially grow in the last couple of years. So its really nice to own at least 1 full BTC in your wallet. Its has really a lot of advantage like you mentioned and I think more people are going also using it that way. Maybe down the line bitcoin price can double and even triple so you get a good ROI. And the more people are demanding bitcoin, the more the price could really soar high in the future. So I will continue to get and accumulate more bitcoins.
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July 09, 2017, 12:33:17 AM
 #102

I think the main thing that makes me own bitcoin is the future expectation to get rich, we all know that when bitcoin prices reach more than $ 1000 then many new rich people, they tell a lot in various media, now the price has reached $ 2500 and it's time to see 5 more years The price will reach $ 15,000.

I do expect a lot in the future to bitcoin. Because I started to use bitcoin when the price is lower than $500 and now it has increased 400% and even 500% last time. I think the good reason to own some bitcoin is you are financially secured. When you ran out of fiat, you can just simply get out and convert to cash your bitcoin.

Yes. The price really exponentially grow in the last couple of years. So its really nice to own at least 1 full BTC in your wallet. Its has really a lot of advantage like you mentioned and I think more people are going also using it that way. Maybe down the line bitcoin price can double and even triple so you get a good ROI. And the more people are demanding bitcoin, the more the price could really soar high in the future. So I will continue to get and accumulate more bitcoins.
That is because the bitcoin have a limited supply and as the people getting to know the bitcoin and the volume of the bitcoin will be reduce due to many demand that they want to buy bitcoin and that is the reason why every single year the bitcoin price is always going up because every year the number of people that know the bitcoin is increasing. 

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July 12, 2017, 04:52:17 PM
 #103

you have to be travelling to a country that supports bitcoin. but what if you loose access to your online wallet!!

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July 12, 2017, 05:14:26 PM
 #104

Well, it is a new technology which have been recognized by many people. We do not know whether bitcoin can be used mostly in the future or not, but owning some bitcoin right now will give you a chance to become rich in the future. That is why you should buy some bitcoin. I have a strong feeling that bitcoin price will increase strongly in the future because many countries are trying to manipulate bitcoin in the real life





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Taki
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July 12, 2017, 05:21:39 PM
 #105

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
Yes, but for that case the place should has bitcoin ATM to you could cash out your money from there. Or if your phone is going to be not lost you can move some money on your phone's bill and pay by this money.
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July 12, 2017, 05:27:50 PM
 #106

you have to be travelling to a country that supports bitcoin. but what if you loose access to your online wallet!!


Well, that's true.  Nonetheless, those who travel more than just a little might be smart to have some BTC available (via online wallet or even a hardware device) as a "Plan C" to get some local fiat just in case.

That was the real point of my thread here.  Having some BTC available might (might!) solve a problem in certain circumstances.
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July 12, 2017, 05:32:21 PM
 #107

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
Having a bitcoin is a privelege , if we had a bitcoin we already have the curency for the future . And bitcoin for more more years will be likely to increaae its value more.
Indeed. Having a bitcoin will help you to gain a lot of income and I think it will our future money. In addition to that, if you had a lot of bitcoin it will make you millionaire or billionaire in the near future and also it will help you to sustain all you need in your daily life. I believe that the price of bitcoin will goes up.
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July 13, 2017, 12:05:50 PM
 #108

Well if you have skill or talent in bitcoin you aleays use it but first you need to do is to study hard and understand all about topic in this bitcoin because there are so many advantages of owning bitcoins if you want to earn some btc then use your skill you need to work hard for it and also have a patience
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July 13, 2017, 12:17:15 PM
 #109

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
Having a bitcoin is a privelege , if we had a bitcoin we already have the curency for the future . And bitcoin for more more years will be likely to increaae its value more.
Indeed. Having a bitcoin will help you to gain a lot of income and I think it will our future money. In addition to that, if you had a lot of bitcoin it will make you millionaire or billionaire in the near future and also it will help you to sustain all you need in your daily life. I believe that the price of bitcoin will goes up.
yes the facilities that bitcoin is providing us to make money and increase our income is another good reason which is making bitcoin more reliable and trusted. in fact bitcoin is really providing good opportunities to people to earn livelihood.
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July 13, 2017, 12:23:45 PM
 #110

You would need to find someone there on that country buying Bitcoins and giving fiat instantly on your hands.

Only good if there were a trusted exchange house, something like this offering this service, because it's too dangerous to trust a stranger to do this transaction, you can give your Bitcoins and he won't give you any $$ back.
in that case you can use paxful or localbtc to buy a western union transfert where ever you are with your bitcoin  Cool

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July 13, 2017, 12:30:47 PM
 #111

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
Having a bitcoin is a privelege , if we had a bitcoin we already have the curency for the future . And bitcoin for more more years will be likely to increaae its value more.
Indeed. Having a bitcoin will help you to gain a lot of income and I think it will our future money. In addition to that, if you had a lot of bitcoin it will make you millionaire or billionaire in the near future and also it will help you to sustain all you need in your daily life. I believe that the price of bitcoin will goes up.
yes the facilities that bitcoin is providing us to make money and increase our income is another good reason which is making bitcoin more reliable and trusted. in fact bitcoin is really providing good opportunities to people to earn livelihood.
Majority of the users here were not the one with a bigger earning or the one with the good backing of traditional fiat. Based on this I believe bitcoin earning is the one that makes more users to be into the digital currency network as well keeps more users have a better living. Lot has turned to be rich through bitcoin.

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July 13, 2017, 12:56:03 PM
 #112

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
Having a bitcoin is a privelege , if we had a bitcoin we already have the curency for the future . And bitcoin for more more years will be likely to increaae its value more.
Indeed. Having bitcoin is very nice because it will help you to sustain all your need in your daily life. Furthermore, bitcoin is digital money that you can use in different kind of transaction. I think if you have more bitcoin in your online wallet I guess it will help you to become rich or millionaire in the near future.

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July 14, 2017, 02:52:06 PM
 #113

Owning btc is like preparing for the future we might know that btc will become official currency but I wish all the country could accept btc as payment for goods.
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July 14, 2017, 03:06:11 PM
 #114

Owning btc is like preparing for the future we might know that btc will become official currency but I wish all the country could accept btc as payment for goods.

I don't know about that, bitcoin has still some weaknesses if it will be an official currency used by many people and countries. I think it will be taking a lot of years and a lot of minds to join before the bitcoin become a currency that is common in a certain country. Also, with it's volatility, it is really good that we have some bitcoins so if the price pumps, we can have some profit or earnings from it.

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Proton2233
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July 14, 2017, 03:12:35 PM
 #115

Why do you need the legalization of bitcoin. Crypto currency was conceived as an alternative to the official Fiat money. Now it's easy to spend your coins and not have to pay taxes. What else do you need? Bitcoin belongs to the people and we should be all the same recognize his government or not.
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July 14, 2017, 03:45:18 PM
 #116

...

If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".

This may become an issue for us.  

Here is a case for having an online wallet, "travels anywhere".
Having a bitcoin is a privelege , if we had a bitcoin we already have the curency for the future . And bitcoin for more more years will be likely to increaae its value more.
Indeed. Having a bitcoin will help you to gain a lot of income and I think it will our future money. In addition to that, if you had a lot of bitcoin it will make you millionaire or billionaire in the near future and also it will help you to sustain all you need in your daily life. I believe that the price of bitcoin will goes up.
yes the facilities that bitcoin is providing us to make money and increase our income is another good reason which is making bitcoin more reliable and trusted. in fact bitcoin is really providing good opportunities to people to earn livelihood.
Majority of the users here were not the one with a bigger earning or the one with the good backing of traditional fiat. Based on this I believe bitcoin earning is the one that makes more users to be into the digital currency network as well keeps more users have a better living. Lot has turned to be rich through bitcoin.
This is another one good reason why bitcoin is popular among the unemployed people, it gave them a job which gave them also a good income. That's why a lot of people is using bitcoin as their pocket money everywhere they want to go but of course they have to change bitcoin into some fiat if that country doesn't accept bitcoins. I hope more country will support the bitcoin payment in their country just like the other countries.

3996
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July 14, 2017, 04:02:28 PM
 #117

There are many advantages of owning bitcoins like this one, however still many of the people are not aware of its advantages yet. Online wallets are not that safe like offline wallets but are very useful in these type of scenarios.
As a user or bitcoin on almost a year. I can see that the best reason for people to own bitcoin is because of its development and its future. All through out the past years we could see and experience the development and changes brought by the inevitable progress is technology on a world. And bitcoin as a intrument of transaction aligned to technology people prefer to support and to used it in a more daily basis. Resulting for a more developed crypto-currency in transaction. Aside from that it also follows the principle of law of price and demand where the move on its stock brought by the support of the people is a factor of its price development.
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July 14, 2017, 04:35:18 PM
 #118

There are many advantages of owning bitcoins like this one, however still many of the people are not aware of its advantages yet. Online wallets are not that safe like offline wallets but are very useful in these type of scenarios.
Indeed. There are lot are of good reasons to own some bitcoin. In addition to that, having bitcoin will help you to pay your bills easily and you can also transfer money instantly and without any paper works. Bitcoin is very useful and having bitcoin will help you to become rich in the future so what you waiting for buy bitcoin now and be next millionaire in the future.



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Rainbot
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July 14, 2017, 05:13:29 PM
 #119

...

It will be a little over a week until I can get to a city where BTC is traded (in the provinces on vacation now).  So, I'm OK if the price goes down until then.  And, were push to come to shove, I could SELL some BTC for FIATEuro, but it likely will not come to that.  And that's why I started this thread: to explore why having some BTC at hand while traveling is a good thing.

Then I sure hope that they have a successful August 1 implementation of, of, whatever...
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July 14, 2017, 10:45:47 PM
 #120

I think the main thing that makes me own bitcoin is the future expectation to get rich, we all know that when bitcoin prices reach more than $ 1000 then many new rich people, they tell a lot in various media, now the price has reached $ 2500 and it's time to see 5 more years The price will reach $ 15,000.
Exactly! The prices are going to shoot up in the coming years. The most common reason for owning bitcoins is that people see them a source of making them rich without great effort within no time. Besides this, bitcoins’ decentralization, anonymity, low transaction fee are few other factors to own bitcoins. 
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