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Topic: Another Good Reason to Own Some BTC - page 2. (Read 5009 times)

member
Activity: 294
Merit: 10
March 22, 2018, 09:25:45 PM
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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".

Actually there is big advantage when you have a bitcoin in your wallet,and suddenly of missing of your credit card in the country that accepting bitcoin as a payment in all kind of transaction because you can do whatever you want,especially in emergency case.having an a stock of bitcoin in your local exchange wallet  is different from depend  only those credit card,because ,you can used the bitcoins as your main back-up of your  fiat currency.
newbie
Activity: 126
Merit: 0
March 22, 2018, 08:39:54 PM
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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".
My one good reason of having bitcoin is just like I have an ATM card I gonna use this for shopping for travelling anywhere
sr. member
Activity: 574
Merit: 250
March 22, 2018, 07:52:35 PM
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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'm always glad to hear arguments in favor of Bitcoin. I'm a big fan of Bitcoin and I invested quite a lot of money in Bitcoin. It will be very good if Bitcoin will develop actively in the future.

Great, as we are been part of this forum our knowledge gains a lot in terms of bitcoin and other crypto currencies around here. Now, I invest a great amount of bitcoin as I believe by the end of this year become increase as I refer the last years best performance. Though, there are some downfalls of value of bitcoin and after several days it will increase again which is part on its trend the supply and demand on each users. Bitcoin is really awesome that helps those people who really need money by doing such campaigns here and turn their rewards to bitcoin which will be used as a mode if payments on those establishments accepted bitcoin or convert it to fiat to those establishments didn't accept bitcoin here in our country.
sr. member
Activity: 462
Merit: 252
March 13, 2018, 02:07:45 PM
the popularity of bitcoins is amazing regardless of the negative news that the anti bitcoins consortium continues to spread. bitcoins transcends borders and governments and does not need the intervention of any financial institution to complete a transaction and this is what is real ground breaking and revolutionary about this currency. as the person of this thread indicated if you loose your credit card then if your in a bitcoin friendly environment then you can use bitcoins , point is bitcoins isn't physical its virtual so that is what is so great about it you just send the requisite payment to the sellers address and your good you need not call your bank to make any arrangement you just push a button and your good to go.
full member
Activity: 854
Merit: 103
March 13, 2018, 01:50:37 PM
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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'm always glad to hear arguments in favor of Bitcoin. I'm a big fan of Bitcoin and I invested quite a lot of money in Bitcoin. It will be very good if Bitcoin will develop actively in the future.
member
Activity: 266
Merit: 17
March 13, 2018, 03:29:57 AM
Well it that case it means using bitcoin has a big advantage because we can used it in a emergency like that but the good reason having bitcoin is knowing bitcoin has overwhelming demand right now and there is a big chance that the value would become bigger I think bitcoin it's like an asset that can very useful in the future.
member
Activity: 238
Merit: 10
March 13, 2018, 02:41:55 AM
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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".
That is one the big advantage of bitcoin, if you travel to another country and as long as there is an internet connection and if you have coins then you are good to go. You can travel anywhere in the world with your online wallet.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 13, 2018, 02:26:47 AM
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.

Another good reason to own some Bitcoin: It is one of the most valuable asset, because of its amazing price. It gives many benefits to its user. And it has a great potential.

another good reason is that bitcoin is a new type of investment on the internet which we can use too for our real life and we can sell it to get the money. many people believe that the price will increase high and makes them to still hold the bitcoin in their wallet and buy more bitcoin if the price is down. some of us sell the bitcoin so they can buy back another bitcoin and they do this in every time they see the opportunity to buy and sell bitcoin.
member
Activity: 191
Merit: 10
March 12, 2018, 07:50:30 PM
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.

Another good reason to own some Bitcoin: It is one of the most valuable asset, because of its amazing price. It gives many benefits to its user. And it has a great potential.
member
Activity: 532
Merit: 10
BITCOIN IS THE CURRENCY OF THE GLOBE
March 11, 2018, 03:37:00 PM
With Bitcoin you can have over 500% profit from your investment, in the real world, it is not possible to earn such profit from any form of investment, also with Bitcoin your privacy is secure unlike other form of investment that your privacy is mad public and you have to go through several protocol to access your portfolio.
sr. member
Activity: 994
Merit: 252
March 11, 2018, 03:08:23 PM
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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".

Many advantages we can have if we owning bitcoin. Beside what you mention, bitcoin now become most popular invesment because can give gain more than 1000% on last year.
There are many ways bitcoin is helping the society in increasing the level of satisfaction and welfare of the people. The few uses of bitcoin that you have mentioned are highly commendable. Bitcoin has changed the traditional methods of clearing payments and those who are familiar with the worth of this coin are always accepting payments in bitcoin wholeheartedly. Many international flights, restaurants and educational institutions are accepting bitcoin.
jr. member
Activity: 84
Merit: 3
March 11, 2018, 06:27:11 AM
With current transaction fees it's not really worth to pay for some "small bills" since the fee will be like 50% of what you are paying for.

That is the major problem in my opinion. We need it to make it practical for small transactions as well. There should be less fees in comparison to bank transfer and credit cards for all transactions made through bitcoins. Also, with exchanges charging so much fess like for sending bitcoins and withdrawals , that it becomes a headache for the person receiving bitcoins in his wallet while converting money to fiat. If you are using it as the only payment medium for your services, these fees and extra charges can add up to a good amount.
full member
Activity: 294
Merit: 107
March 11, 2018, 04:27:27 AM
I don't think that losing credit card during trip is a real issue these days. You can quickly block your card or use Google/Apple Pay. You only need to have your phone with you, it is really convenient but you have to be more carefull with where you put your phone. It's fairly easy to find someone who would like to buy some BTC but you would have to look for them in big cities. Fortunately, localbitcoins helps with that. I usually keep my bitcoins on my encrypter computer but I will think about sending some to a wallet on my phone, just in case.
member
Activity: 400
Merit: 59
March 11, 2018, 04:19:20 AM
One perfect reason to own bitcoin is its constant increase in price. Through the years it gone , bitcoin's value is increasing and caused the people to demand more bitcoin and also bitcoin gain trust and popularity. It is an investment and currency at the same time, bitcoin is a pretty good thing to own as it is flexible now in the market.
member
Activity: 252
Merit: 15
March 11, 2018, 04:13:23 AM
That is without a doubt. A standout among other feature of Btc is we can really change over it into cash. In any case, it would be greatly improved if the nation that you will going to movement do have Btc ATM. At any rate it would not be hard on the off chance that you have Btc and wallet and another wallet so you could simply exchange the Btc that you have.
full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
March 11, 2018, 04:12:05 AM
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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".
yeah, i think this is one of the reasons i like bitcoin. we can use bitcoin as money wherever we are. although the countries where we travel do not accept bitcoin as a legal means of payment, we can exchange the bitcoin we have with the country's currency. although the process is a bit difficult, but it can be done as long as there is internet and bitcoin of course. honestly, as long as I use bitcoin I have experienced it even though I travel in the country
newbie
Activity: 8
Merit: 0
March 11, 2018, 03:50:58 AM
There's a very good reason why Bitcoin should be considered more as a commodity or property than currency. Its value fluctuates wildly due to speculation.
newbie
Activity: 8
Merit: 0
March 11, 2018, 03:22:42 AM
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The future currency is here and here to remain for years,  it keeps growing like grass "BTC"
member
Activity: 812
Merit: 11
March 11, 2018, 03:21:53 AM
...

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".

Many advantages we can have if we owning bitcoin. Beside what you mention, bitcoin now become most popular invesment because can give gain more than 1000% on last year.
member
Activity: 236
Merit: 39
March 11, 2018, 03:14:34 AM
Good about owning some bitcoin is you can sell it anytime when ever you don't have money. You can carry it anywhere coz its on your virtual wallet.
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