Bitcoin Forum
May 05, 2024, 05:16:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Transfers  (Read 374 times)
megastacks (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
November 28, 2013, 04:33:00 AM
 #1

When it comes to transferring money is bitcoin superior to using one of the many aervices where you can send money by email?

Many of those seem to have no fees.  Not sure if it is instant or not.  Any opinions?
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714929417
Hero Member
*
Offline Offline

Posts: 1714929417

View Profile Personal Message (Offline)

Ignore
1714929417
Reply with quote  #2

1714929417
Report to moderator
1714929417
Hero Member
*
Offline Offline

Posts: 1714929417

View Profile Personal Message (Offline)

Ignore
1714929417
Reply with quote  #2

1714929417
Report to moderator
WayTooGosu
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 28, 2013, 04:36:43 AM
 #2

Most Bitcoin transactions have fees, people mainly use it for investments or gambling. If you do not participate in any of those, use something with no fees.
megastacks (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
November 28, 2013, 04:49:47 AM
 #3

Most Bitcoin transactions have fees, people mainly use it for investments or gambling. If you do not participate in any of those, use something with no fees.

I thought one of the selling points for bitcoin was its easy, instant transfers to anyone, anywhere?
PenAndPaper
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
November 28, 2013, 04:51:14 AM
 #4

When it comes to transferring money is bitcoin superior to using one of the many aervices where you can send money by email?

Many of those seem to have no fees.  Not sure if it is instant or not.  Any opinions?

When it comes to transferring bitcoins the yes bitcoin is superior to everything. If you want to convert those bitcoins to fiat then things become a little more complicated.
megastacks (OP)
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
November 28, 2013, 05:32:35 AM
 #5

When it comes to transferring money is bitcoin superior to using one of the many aervices where you can send money by email?

Many of those seem to have no fees.  Not sure if it is instant or not.  Any opinions?

When it comes to transferring bitcoins the yes bitcoin is superior to everything. If you want to convert those bitcoins to fiat then things become a little more complicated.

Penandpaper would you mind expanding on this?  I am looking to learn more about this.  How is it superior to everything else when it comes to transferring money?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!