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Author Topic: Another Good Reason to Own Some BTC  (Read 5010 times)
el kaka22
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September 30, 2017, 10:13:35 AM
 #161


of course we must have bitcoin. because with bitcoin we can invest long term safe.
There are a number of good views about bitcoins and that keeps investors close and always gives us a good profit or the coins we hold. Bitcoins are meant to earn a good profit online and cannot be compared to any other investment plan.

Even if we purchase a good amount of bitcoins and invest them on any reliable investment scheme then we will have good profit as compared to bank. Banks gives a low interest rate yearly but in bitcoins you can cover that yearly interest rates into some months and also the price keeps increasing giving us double profit. Even it is a good reason to purchase bitcoins and rely on them.

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September 30, 2017, 10:40:44 AM
 #162

Its always could be some excuse to meet some local people as well. You have one topic to talk in common. Maybe its some nice girl that you were looking for and such.
This is the best answer that I had read so far. ha ha ha. Imagine yourself travelling in Australia and then there you see a very cute vegan-shaped Aussie wearing "buy bitcoin" tees. Man you just walk right next to her and ask if she's into bitcoins. That should break the ice.
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September 30, 2017, 11:03:37 AM
 #163

No specific reason is required to earn as well keep hold of bitcoin. With bitcoin what we make is something that gonna profit in the future, because the growth continues unlike some issues that occur in between which gets overcome in a short or long. All that the user needs is panic free mind.

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Babyrica0226
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September 30, 2017, 12:06:36 PM
 #164

...

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".

Well, it is true that having a bitcoin was a real thing privilege individually. Because I do believed that someday, maybe sooner or later bitcoin will become the world currency, who knows isn't?
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September 30, 2017, 12:31:23 PM
 #165

A good reason to own some BTC has to be because of the fact that it is sound money. Since we've never had actual sound money before, now is a perfect time to start investing in it as it appreciates in value over the years.

 
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September 30, 2017, 12:36:50 PM
 #166

Maybe you can use bitcoin for transaction in retailer and for investing in the future bitcoin price's will grow up.

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September 30, 2017, 12:43:17 PM
 #167

...

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".
You are right. It happened to me once when I forgot to my wallet and   what I only have is my smartphone. Luckily I didn't transfer all my bitcoin in my Ledger hardware wallet and left a few bitcoin in my online wallet. I just withdraw in the ATM and didn't jeopardize my activity that day.

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October 02, 2017, 08:46:45 AM
 #168

bitcoin is one means of exchange that is greater value than gold. so why we do not have it. really pity.
Bitcoins are surely compared to digital gold and are even more precious than gold. Previous people's used to invest their money in purchasing Gold as the price for gold would always increase up by some percentage and they would sell their gold.

Now we do the same buying selling but with digital gold called Bitcoin. Bitcoin is similar to the gold but just the difference is that gold is a hard currency and bitcoins are the soft currency.
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October 02, 2017, 09:07:17 AM
 #169

A good reason to own some BTC has to be because of the fact that it is sound money. Since we've never had actual sound money before, now is a perfect time to start investing in it as it appreciates in value over the years.
That's the only reason i see, because bitcoin can invest and it can be double the price, and as we can see we can earn bitcoin in our home or any where as long as we have internet connection on our phone.
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October 17, 2017, 03:58:22 PM
 #170

As I know a member in this forum travelled to 3 countries with 100$ and 3 BTC in his wallet and when he arrived home 100$ still available that mean he only used his BTC when travelling Smiley). It's possible to do that cause you can easily exchange Bitcoin into local cash although Bitcoin is not legalized in these countries as long as it's not banned. For example in my country Bitcoin is not legalized but I still can exchange it into cash very easy in everywhere in my country so I'm planning for my trip with Bitcoin only
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October 17, 2017, 04:05:07 PM
 #171

...

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".

It is good by account because you cannot loss it unless you forgot your password.  I also agree by bitcoin because it is so effortless by sending money to other account in just few minutes.
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October 17, 2017, 05:22:53 PM
 #172

But we can only pay if that shop is accepting Bitcoin, even though the country legalized and accepting Bitcoin that doesn't mean all the shop is accepting bitcoin, the implementation of Bitcoin for shop is still too little, so for now we can't depend on Bitcoin, but in the future I am sure we can live by only using Bitcoin

it's hard to find stores that accept payments with bitcoins, even in countries that already receive bitcoins, but not necessarily all stores that accept payments with bitcoins. I can not wait for bitcoin to be certified by my country.

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October 17, 2017, 05:27:53 PM
 #173

Bitcoins are useful for all of us, are accepted as a means of payment for the items we buy. The use of bitcoins is growing rapidly around the world, its market is becoming more active and prices have become more stable.
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October 17, 2017, 05:45:08 PM
 #174

But we can only pay if that shop is accepting Bitcoin, even though the country legalized and accepting Bitcoin that doesn't mean all the shop is accepting bitcoin, the implementation of Bitcoin for shop is still too little, so for now we can't depend on Bitcoin, but in the future I am sure we can live by only using Bitcoin

it's hard to find stores that accept payments with bitcoins, even in countries that already receive bitcoins, but not necessarily all stores that accept payments with bitcoins. I can not wait for bitcoin to be certified by my country.
Today bitcointalk has a lot of information about the creation or development of many trading platforms, which will give the opportunity to buy any goods using crypto currency. This suggests that in the near future for what we want to buy we will be able to calculate both Bitcoin and ETH.
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October 17, 2017, 07:07:51 PM
 #175

...

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".


This really is the ups of having bitcoins. Because no matter where you are, as long as there is an Internet connection, you can survive. I even saw a person in this community sharing his experience in traveling with only a small amount of cash and just fully relied on bitcoins for his daily needs on his vacation. According to him, he really enjoyed and still had the extra cash he brought with him when he came home. All his expenses were payed using bitcoins(turning them in to fiat first of course).

So I think this is more than enough reason to jump into Bitcoins. Which doesn't just give you profit, but also an easier life to live.

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October 17, 2017, 07:36:17 PM
 #176

...

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".

I love it. Great point! And by the time you go to check the price, you have even more money than you thought so you will feel a little better about losing your wallet.
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October 17, 2017, 07:45:19 PM
 #177

...

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".

Good point. Btc have been useful to all of us and can really save us at times like this scenario. If only we can have lower transaction fees. But I understand how it costs miners to confirm our transactions for us to pay high fees. But I hope there's something that can do about the issues of high fees. If this issue will be addressed people can use btc with ease and without worrying about sky high fees that it will cost you twice of the actual price of your purchases.

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1Referee
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October 17, 2017, 07:46:42 PM
 #178

Bitcoins are useful for all of us, are accepted as a means of payment for the items we buy. The use of bitcoins is growing rapidly around the world, its market is becoming more active and prices have become more stable.


Are you sure? If so, then you're definitely talking about something completely different. Bitcoin's market is as volatile as ever, and there hasn't been a single thing pointing in the direction of the market becoming even slightly stable. As we speak, the market is very thin, and the higher the price is going up, the weaker the overall buy support gets, which pretty much explains how easily the market bumps up and down hundreds of dollars in a matter of just a few seconds. Other than that, yes, we're definitely moving into the right direction, looking at how the adoption is picking up. It's almost insane how a fair bit of increased adoption gets the price up with almost 500% this year.
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October 18, 2017, 07:21:57 AM
 #179

The only thing needed to use crypto is internet and a device, so it can be used anywhere in the world without any hassle. We just need merchants to accept bitcoins so that it can be used everywhere.

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October 18, 2017, 07:33:11 AM
 #180

Actually there are many reasons to have BTC. But very important reasons I am going to mention below -

1. Bitcoin is the biggest invention of this century
2. Bitcoin is decentralized, Open source, Secure and Transparent

I think these two reason are sufficient to have BTC. But still price matter. Day By Day price of Bitcoins increasing exponentially. This can also be good reason as Investment
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