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Topic: Another Good Reason to Own Some BTC - page 4. (Read 5009 times)

member
Activity: 378
Merit: 10
January 18, 2018, 01:48:41 AM
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!
jr. member
Activity: 364
Merit: 6
January 15, 2018, 04:17:45 AM
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.
member
Activity: 140
Merit: 10
January 01, 2018, 05:53:16 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".

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.
newbie
Activity: 38
Merit: 0
January 01, 2018, 05:47:44 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".

The amount of transactions in the Bitcoin network is increasing rapidly. More goods and services are bought with bitcoin every day.
full member
Activity: 210
Merit: 100
November 28, 2017, 03:55:21 AM
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.
full member
Activity: 812
Merit: 142
November 28, 2017, 12:50:49 AM
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.
sr. member
Activity: 276
Merit: 250
November 28, 2017, 12:45:26 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".
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.
member
Activity: 292
Merit: 11
dApps Development Automation Platform
October 22, 2017, 09:00:26 AM
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.
full member
Activity: 266
Merit: 100
Platform for Investing in Cryptocurrency and ICOs
October 22, 2017, 08:54:57 AM
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.
newbie
Activity: 23
Merit: 0
October 18, 2017, 02:33:11 AM
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
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
October 18, 2017, 02:21:57 AM
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.
legendary
Activity: 2170
Merit: 1427
October 17, 2017, 02:46:42 PM
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.
sr. member
Activity: 364
Merit: 250
October 17, 2017, 02:45:19 PM
...

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.
jr. member
Activity: 58
Merit: 5
October 17, 2017, 02:36:17 PM
...

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.
sr. member
Activity: 987
Merit: 289
Blue0x.com
October 17, 2017, 02:07:51 PM
...

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.
sr. member
Activity: 714
Merit: 251
October 17, 2017, 12:45:08 PM
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.
full member
Activity: 196
Merit: 100
October 17, 2017, 12:27:53 PM
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.
full member
Activity: 840
Merit: 106
Buzz App - Spin wheel, farm rewards
October 17, 2017, 12:22:53 PM
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.
sr. member
Activity: 406
Merit: 250
October 17, 2017, 11:05:07 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".

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.
sr. member
Activity: 322
Merit: 250
October 17, 2017, 10:58:22 AM
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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