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Author Topic: Another Good Reason to Own Some BTC  (Read 5010 times)
balakang00
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October 22, 2017, 01:54:57 PM
 #181

Well, having bitcoin is a privilege because it gives many positive outcome when it comes to owning or handling some. If it will be used as a widerange currency in the future, it will be of a great help as a substitute to other way of transaction like the travelling without credit card as a good example.

dewynijhof
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October 22, 2017, 02:00:26 PM
 #182

having some bitcoin in your wallet is very helpful in future, you can sell bitcoin when it high to get some money and buy it back when it drops, or you freeze it in your wallet, keep it until you need money in the future.

insom
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November 28, 2017, 05:45:26 AM
 #183

...

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".
There are other ways as well, but not as convenient as online wallet. i do keep some BTC in online wallet for spending purposes. one day all the stores across the globe will be accepting bitcoin payment(i'm waiting for that day to happen).
You can basically convey your bitcoins in your versatile, with a simple BITCOIN wallet application. No obstruction of any bank or outside machines, it's all under your administration, in your cell phone You can utilize your bitcoin when you lose your money in case you're voyaging or in case you're basically in your town and you overlook your wallet and you might want to look for something vital. Bitcoin makes our life advantageous especially the esteem is high and that we should buy a considerable measure of and set it aside for the long run. Obstruction of any bank or outside machines, it's all under your administration, in your cell phone.
glowing10
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November 28, 2017, 05:50:49 AM
 #184

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

Its usability to the people and the great opportunity for the investment as it provides the highest return is what is attracting the people across world to invest in the cypto currency. Thus more and more people are getting connected and want to be part of the biggest invention of the recent times. This is something if approved by Central banks or some of the highest authority will boost it and create a new dynamics of the virtual currency.
Noore Najjar
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November 28, 2017, 08:55:21 AM
 #185

Transactions could make immediate though because its “zero-confirmation” transactions ,  bitcoin blockchain. Or, they might make around 10 minutes if a person or merchants needs to be confirmed. That is distant faster than whatever inter-bank exchange.

Adnan Saleem
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January 01, 2018, 10:47:44 AM
 #186

...

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".

The amount of transactions in the Bitcoin network is increasing rapidly. More goods and services are bought with bitcoin every day.
BitcoinFrik
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January 01, 2018, 10:53:16 AM
 #187

...

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".

As long as you don't have an app on your phone ( which I consider risky, specially when you hold large amounts of BTC), you are still in trouble. And what if you dont have internet on your phone, you are still in trouble.
kjnfmplm
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January 15, 2018, 09:17:45 AM
 #188

Well it is good to have some bitcoin in your online wallet. You can use it to convert some money to pay your bills while you are away from your country. And in case you wasted your money or lose it, you have some extra money that you can get anytime. That is why it is a good reason to have or possess bitcoin.
Nowherman
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January 18, 2018, 06:48:41 AM
 #189

It's always good to have a few bitcoins in your wallet. There are more places where bitcoin is being taken all over the world now.
It is very convenient to travel with BTC around the world. In the first do not need any credit and debit cards, cash,
it's enough to have a smartphone. In the second bitcoin course usually grows all the time, so that money itself is added. Great!

Heyyyrenz
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February 22, 2018, 02:57:57 PM
 #190

There are many good reason why it's good to have some BTC here are some of the list why it's a good reason to own some bitcoin.

1. Like what you've said if you lost your wallet you can access to a online wallet to withdraw some bitcoin (The bad thing here is that bitcoin is not a universal currency some of the countries didn't recognize bitcoin.)
2. Once you have bitcoin and you hold it, soon you will become rich.
3. You can pay others whenever they are and the transaction is very low.
4. Fast transaction.
5. You can have bitcoin whenever you want, wherever you are and whoever you are.

So far here are my ideas why it's a good reason to own some bitcoin.
mOgliE
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February 22, 2018, 04:37:27 PM
 #191

Hi,

Actually, you can already use it. I had a problem once when I was abroad. The solution I found was to sell bitcoin. I had cash in exchange and could go on with my travel. Quite practical indeed! Wink

Bous
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February 22, 2018, 04:42:37 PM
 #192

Well, to do that, you should find someone to buy your Bitcoin (in a foreign country, that wouldn't be a piece of cake), and he must gives you fiat directly. So that's pretty hard.
dificanovi
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February 22, 2018, 04:55:08 PM
 #193

...

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 is really an advantage when bitcoin is already been accepted mostly on many countries which we dont really have a problem when we do travel even though we dont have cash on our pockets as long we do have our online wallet or any other wallet that do contain bitcoin would already do since we can cash-out anytime and anywhere we want.

Exactly, bitcoin can resolve this kind of problem but I guess you can use it if you are using an online wallet right? So as long you have your address then no worry at all you can have your money and solve your problem. Because even if the country is not using bitcoin you can convert it in fiat. No need to carry any card or cash, just need to have the wallet online and you can have cash always, anywhere and everywhere.
I save the bitcoin so that one day I can buy something I like that I happen to find by accident, so I do not panic to pay for it because I have some btc I will disburse. and one more reason why I save bitcoin because the price is very high especially if invest in it very big profits.

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February 22, 2018, 05:05:23 PM
 #194

Bitcoin is very easy and fast when used in online transactions, but the drawback is very risky if you incorrectly enter the destination wallet address. so be careful before sending bitcoin to the destination wallet, if until it happens anyone can not help you. unless the destination wallet address will return it.
george888055
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February 22, 2018, 05:07:52 PM
 #195

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".

10 years ago I travelled in Cuba. With my friend we rented a car and go through the island. And in one small town someone stole our money. But we still had a credit card - there was only one ATM in this town and it didn't accept our credit card so it was really huge problem.
Rubble898zaitO
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February 22, 2018, 05:10:59 PM
 #196

It's always good to have some Bitcoin in your online wallet, you'll never know when you can use them. It's good to know that you have something that you can rely on. This is just one of the many good things about Bitcoin, it is very convenient and easy to use whenever, wherever you are.
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February 28, 2018, 10:12:53 AM
 #197

I really liked the good thing about bitcoin is that it's like international money for all of us. One that has been able to get into the goal goal is to use. As long as he does not have a shop that receives bitcoin as payment.
cryptotaste
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March 01, 2018, 05:37:57 AM
 #198

There are many advantages of owning bitcoins like this one.The good thing about bitcoin is that it is like an international money for all of us. One that has bitcoin can go to places without necessarily exchanging his current currency to that his country destination is using.
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March 06, 2018, 04:44:18 AM
 #199

bitcoin is a great thing to inverst for the future.  0.5 btc was good enough to start a little business if you plan to, you can build a house with it, you can consume it when an unexpected things happen.  In general bitcoin can save our future
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March 06, 2018, 12:24:19 PM
 #200

The good thing about bitcoin is that it's like international money to be able to have. One that has got into the goal is to use it. As long as he does not have a shop that receives bitcoin as payment then he just exchanged it with state money.
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