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Author Topic: Describe what Bitcoin has done for you  (Read 1323 times)
Ultegra134
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August 20, 2022, 01:20:57 PM
 #61

Despite having joined in 2014, I was a lurker and went inactive shortly after, something which I regret. Firstly, Bitcoin introduced me to this great community, and I've come across several great members who are always willing to help you, I've received assistance in multiple topics without them asking for something in return. Secondly, I've gained knowledge regarding a variety of subjects, including cryptocurrencies, assisting me in making a decent profit in the long run and has resulted into my financial stability. If it wasn't for Bitcoin, I don't know what I'd do, since my available income has shrunk due to inflation.

R


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August 20, 2022, 02:32:32 PM
 #62

Bitcoin is a great hobby for me, nothing less or more  Cheesy

Bitcoin brought me into world of cryptos and it's earning opportunities which helps me make a living.

(^ this is how spammers comment, but I swear it's true)
Can you explain more how bitcoin has earnings opportunities, since as far as I can see it, you can only make money with investing so far and thats kind of hard in the last month Grin
But, can you also explain why on why bitcoin is considered to be a hobby? You also ask on why bitcoin is an earning opportunity but you already answered that it can be used for investing. Since when investing is easy? Investing is always hard because it requires you to have a self control to resist the temptation of selling once you saw a significant price increase or when the price is collapsing.

Bitcoin is mainly known as a currency but its use is not only limited there. Many people like to treat it as an asset too. Other than investing you can also do trading and this is perfect for the people like you that seem to have a lack of patience.

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August 20, 2022, 02:38:27 PM
 #63

~
We cannot deny the fact that it is truly giving us an earning opportunity. The price volatility is just insane that you can imagine how many people could have been holding Bitcoin since 2017 until it managed to just reached 64k like last year if my memory serves me right.
Let's also count those who are doing day trading. Cheesy

I feel that way too, there were many moments where in 2017, I made a completely unexpected income, entered a bounty campaign and tried to play trading and enter bitcoin prediction competitions, and made money that I had not received from my real life work. , bitcoin really changed my economy, I really hope it will happen again..

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August 20, 2022, 03:08:36 PM
 #64

To be honest Bitcoin has done a lot of wishes fulfilled for mine. Like I wanted to learn about crypto currency and wanted to be an user of digital currencies and wanted to make some passive income.And I want to learn more about Bitcoin and Crypto.
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August 20, 2022, 04:23:03 PM
 #65

Because of Bitcoin, I learned a lot more about banks, fiat, and about economics in general, so that I can understand the differences between Bitcoin and other things better. These are things that IMO everyone should know but most people don't, even most of educated people. I also became a more chill person because of all the volatility and coming at peace with it. It helps both with Bitcoin and with fiat disturbances because I perceive volatility much calmer now. Bitcoin also made me more aware of financial freedom and privacy (and lack thereof).

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Ultegra134
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August 20, 2022, 08:18:27 PM
 #66

Because of Bitcoin, I learned a lot more about banks, fiat, and about economics in general, so that I can understand the differences between Bitcoin and other things better. These are things that IMO everyone should know but most people don't, even most of educated people. I also became a more chill person because of all the volatility and coming at peace with it. It helps both with Bitcoin and with fiat disturbances because I perceive volatility much calmer now. Bitcoin also made me more aware of financial freedom and privacy (and lack thereof).

Yes exactly, I learned that it is more safe to invest in crypto rather than investing in banks, I mean not really safe to the fact that you will not be losing any money, but the thing is it is safe because it is traceless most of the banks in our country has not improve their security for ages, they don't spend too much time and effort improving security, there's a lot of flaws in the system that cryptocurrency answer. That's why I more prefer to be paid in crypto when I am doing my freelance work because it is safe and secure rather than in my bank.
I don't think that the issue with bank investment programs is safety, but the extremely disappointing yield they offer. Especially for deposits, which have less than 0.01% interest, earning a few euros at max every three/six months. Even time deposits a few years ago, when they were a lot more popular, provided you with less than 1% interest, nowadays, you'll be lucky if you even get 0.10% on your deposit.

It's extremely rare to lose money due to bank security issues, and even if such an incident occurs, you're likely to be reimbursed, unless it was purely your fault (e.g. phising victim).

R


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August 24, 2022, 11:01:40 AM
 #67

Bitcoin made me more responsible about my financial and assets , Have understand how important the privacy is and how important my freedom in holding my coins.

I remember that before this crypto? I only keep my funds in banks and also in some trading platform that assures me no complete safeties.

With bitcoin? now i have my funds safe from government interfering  and with knowledge from crypto Now i know how to earn more from Holding than Buying or selling .

To be honest Bitcoin has done a lot of wishes fulfilled for mine. Like I wanted to learn about crypto currency and wanted to be an user of digital currencies and wanted to make some passive income.And I want to learn more about Bitcoin and Crypto.
really? dreaming to learn about crypto? bitcoin already represent crypto lol.

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August 24, 2022, 02:09:04 PM
 #68

Bitcoin has come to stay in the ecosystem, and it has empower many people in one way in other, like wise me, I have benefits from Bitcoin through investment and trading from other Alt-coin that gives me profits, which I used to set up business in my area, as my delay source of income. Having said that Bitcoin is the best investment in the world.
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August 24, 2022, 02:37:19 PM
 #69

I invest a huge amount in Bitcoins at 2016, and finally able to cash out easy money when BTC hit 10k usd.
I remember when my family was in need of some money, I was able to help them with some Bitcoins I had.
Bitcoins has done many things for me, and i really thank satoshi for this amazing creation.
For these Bitcoins, I am now independent with my own money and I need not have to pay tax to any government.
Excited to hear other people’s story also.

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August 24, 2022, 02:54:55 PM
 #70

Curiosity about BTC has taken me this far. And I won't say I have learned enough, But for whatever I have learned, I can say that I'm in love with BTC as well as other crypto. This is totally a new world and i'm loving it so much. Still learning, and the more I learn, the more it gets attractive.
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August 24, 2022, 05:39:01 PM
 #71

It's actually hard to put into words what bitcoin has done for me.
in its journey bitcoin has made my life better, safer, more comfortable and besides being able to help my family and friends bitcoin can also realize my wishes and plans.
1. I have a motorbike from bitcoin.
2. I can get married and party because of bitcoin.
3. Bitcoin can meet my needs with my wife and parents until now and hopefully continue and more than that.
4. Unexpected events and very precarious situations bitcoin can help me in the payment process for the birth of my first child, and you can read about it here: https://bitcointalk.org/index.php?topic=5401052.0#msg60271061 and this is the story which is very touching for me.

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August 24, 2022, 05:57:41 PM
 #72

bitcoin has done a lot for me, especially financial problems, since I got to know bitcoin my financial problems have improved, loans have been paid off one by one, I was lucky to be introduced to bitcoin, I can work online without having to leave my children
I also feel this way, so I really believe in bitcoin.
I feel that my life is now quite good with what I received from knowing bitcoin.
Although I can't say I'm rich right now but when I see my financial condition that I can buy anything I need I think this is quite good compared to a few years ago when I didn't know bitcoin.
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August 24, 2022, 06:01:33 PM
 #73

Imagine living in a third-world country where job opportunities are highly competitive with minimum wages that pay $10-$13/day. In addition, inflation has reached a high 5.1% in the country where prices of goods and general commodities are continuously increasing. That is the life of an average Filipino worker who lives just at the average income threshold.

When my friend introduced to me Bitcoin, this provided me not only the opportunity to learn about its revolutionary payment method, but it also gave me the privilege of working online. The fact that campaign signatures pay very decently (at least relative to my standards) is truly a blessing not to be taken for granted.

As someone who also lives with a single father in a family of 5, majority of my BTC proceeds are allocated to my brothers, being the eldest among the 3. Campaign signatures provided me this opportunity to purchase my own work materials and also help my father whenever he needs something.

R


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August 24, 2022, 06:20:24 PM
 #74

I remember when my family was in need of some money, I was able to help them with some Bitcoins I had.

and also help my father whenever he needs something.

I can relate to you guys. Profit made from bitcoin and those that I've held a long time ago, when we're in need, I used them and sold them. No hard feelings regardless of the price because even if the profit is not that much still it's a profit, right? All I can say is that bitcoin has helped all of us with our personal lives and helped our families not just for the payments but also by being volatile as an asset and investment. It has made most of us like economists and financial experts of our own portfolios.

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August 24, 2022, 06:46:13 PM
 #75

bitcoin has done a lot for me, especially financial problems, since I got to know bitcoin my financial problems have improved, loans have been paid off one by one, I was lucky to be introduced to bitcoin, I can work online without having to leave my children
I also feel this way, so I really believe in bitcoin.
I feel that my life is now quite good with what I received from knowing bitcoin.
Although I can't say I'm rich right now but when I see my financial condition that I can buy anything I need I think this is quite good compared to a few years ago when I didn't know bitcoin.
Same here which there are things which i can indeed buy but not on some sort of luxury things but on things which i cant able to afford before and thanks to Bitcoin which does really give that kind of

opportunity or chance at least on making out some changes in my life in towards financial status which im very thankful but of course these things cant be achieved nor acquired without doing any efforts.

Of course you would really be needing to exert effort and give time on what you are doing here on this crypto space because money cant flow in if  you arent doing anything or something
but much sure that Bitcoin or crypto market could really give out those kind of probabilities or chances on someone.

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August 24, 2022, 07:13:00 PM
Merited by cryptosize (2)
 #76

Bitcoin (the currency) has helped me settle transactions privately, quickly, more cheaply, and more importantly: it has given me the ability to opt-out from a corrupted system whose monetary policy humans are capable of abusing, and do abuse often.

Bitcoin (the network) has incentivized me to learn more about technical subjects I didn't know before. Therefore, I have broadened my horizons and I'm now more enthusiasted around cryptography, networks and computer science in general.

Bitcoin (the community) has pushed me to learn about informatics, economics, sociology, politics and perhaps even philosophy to a certain degree.

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boris singer
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August 25, 2022, 09:48:18 AM
 #77

I also feel this way, so I really believe in bitcoin.
I feel that my life is now quite good with what I received from knowing bitcoin.
Although I can't say I'm rich right now but when I see my financial condition that I can buy anything I need I think this is quite good compared to a few years ago when I didn't know bitcoin.
Same here which there are things which i can indeed buy but not on some sort of luxury things but on things which i cant able to afford before and thanks to Bitcoin which does really give that kind of

opportunity or chance at least on making out some changes in my life in towards financial status which im very thankful but of course these things cant be achieved nor acquired without doing any efforts.

Of course you would really be needing to exert effort and give time on what you are doing here on this crypto space because money cant flow in if  you arent doing anything or something
but much sure that Bitcoin or crypto market could really give out those kind of probabilities or chances on someone.
This is definitely a change that is quite noticeable because indeed I felt before when I wanted something but it was difficult to get it because of my financial limitations and compared to where I am now when knowing and being in Crypto it was much better.

As for this, of course we are aware that learning and always doing research are important because we cannot be naive to say that crypto is a comfortable place because the fact is not like that.
Continuous learning here does not make you lose, it makes you more aware that with the theory that the longer we master it coupled with the experience while you are here you become more and more aware that we are still lacking and must continue to learn so that we can achieve something better when in Crypto.
Welsh
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August 25, 2022, 10:01:59 AM
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 #78

I'm glad to see some users claiming that it hasn't changed their life all that much. That's the thing with Bitcoin, it gets built up like its a miracle worker, and don't get me wrong for a lot of people it has been revolutionary, however not everyone has the same objectives.

For example, the benefits that Bitcoin bring like not relying on a third party, can actually have drawbacks if you're a certain type of person. I don't like to give this example, but I sometimes find that the older generation are much more comfortable with trusting a bank, simply because they haven't kept up with technology, and therefore don't trust themselves to manage their own money, and there's nothing wrong with that.

Someone like me on the other hand, are incredibly suspicious of banks, and find their additional checks, and process too long. I've had payments flagged up, which I then had to confirm my identity, and all of that, but with Bitcoin I can just pay without those additional checks. At the end of the day, it's my money, that I legally earned, so I shouldn't have to go through additional checks. Obviously, I do understand why they do it, it's to prevent fraud, and unauthorised use of your card or bank, but that's something I'd like to be able to opt out of, which you can't with every major bank I've used.

Obviously, that's just one example of the restrictions imposed by using a third party like a bank, but there's many more which either suit a person or don't. Bitcoin hasn't made me stinking rich, but it has aided the life I wanted to have, and by that I mean more freedom, not because I've got more money, but because I ultimately control every aspect about my finances.
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August 25, 2022, 11:39:10 AM
 #79

Obviously, that's just one example of the restrictions imposed by using a third party like a bank, but there's many more which either suit a person or don't. Bitcoin hasn't made me stinking rich, but it has aided the life I wanted to have, and by that I mean more freedom, not because I've got more money, but because I ultimately control every aspect about my finances.
Exactly, Bitcoin has fulfilled what I expected for a long time which I didn't get from real income. Bitcoin is a dream come true. I, you, and everyone who has benefited from Bitcoin have always made Bitcoin a hero. To be honest, it is more appropriate to improve the lives and economy of many people. I had a neighbor who at that time was living in poverty, and was kicked out of his family. 2017 changed his life 180 degrees. The answer is only one which is all thanks to believing in Bitcoin. That person is still alive today, do you know his current life? yes, he became the only richest person in the area I live.

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August 25, 2022, 12:48:38 PM
 #80

So here is a fun topic I think that we can all throw our two cents in (or two sats hehe )

Bitcoin has really opened up my eyes to a lot of things, and first off I'd like to start by saying that this community is a very special group of people.

Bitcoin for me has opened up an incredible amount of business opportunities since I service many of the Bitcoin ATM operators though a telecom company and provide internet services (recently there has not been a complete halt, but there is less demand since the drop for new installations) .

It has given me a peace of mind that I have control of my coin in a world where the government is after your money and wants to cut down your commissions & gains every single place that they can.

Bitcoin has generated new life lasting friendships that I cherish, and something we can all come together with in our affinity we share for this digital coin. Even with completely opposing views we can all agree on one thing, that Bitcoin is the best form of money.

It has allowed me to relish in my success, and has churned my stomach at the same time. I think the best thing that Bitcoin has done for me is to be able to HODL and weather the storm, because I have held since 2018 I've seen a few bears and bulls, and honestly that experience has made me more resilient. That experience has transcended beyond Bitcoin to the point that I am confident that I can endure through any financial burden or hardship, Lord willing.

Bitcoin has made me do my research, has made me more passionate in doing so, & has also helped me to stay ahead of the curve. I can go on and on, but I realized that I haven't really posted in a little while, and so I wanted to see what all of your thoughts are towards this.

Have a great rest of your Sunday everyone  Smiley

Cheers,

TREAD  

Quite frankly, I’ve only been in a few months in crypto and Bitcoin hasn’t done any remarkable thing for me yet other than dipping my money lol. But I know there’s a lot in the space and there are still areas to explore and use to my advantage. I’m optimistic and I believe I’d start reaping soon. So far so get, I’ve had to calm down to do a lot of reading, learning about investment, risks and all of that. 
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