Another Good Reason to Own Some BTC - page 6.

newfix

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Quote from: OROBTC on July 05, 2017, 03:52:43 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".

But for doing this you need to have bitcoins in your online wallet, and a offline wallet is better.
And i think that a online banking wallet is the same, in this cases

Kumarodus

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I have been holding my bitcoin for the past one year now...I don't plan to sell until bitcoin gets to usd100k. I feel it's a good investment.

Przemax

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Quote from: bajing on July 27, 2017, 05:44:22 AM

It is a reasonable excuse to have bitcoin but the problem is that there are still few countries that have legalized bitcoin, even though you have bitcoin may be you will difficult to find a place to sell it because only a little bitcoin exchange have their own office.

He was talking about the local bitcoins where people meet with eachother and transact without the interference of a third party.

Its always could be some excuse to meet some local people as well. You have one topic to talk in common. Maybe its some nice girl that you were looking for and such.

There should be some branding like - Bitcoin - connecting people. Oh wait... its already taken. Im sure you will find out some new cool brandings.

smileee

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Quote from: OROBTC on July 05, 2017, 03:52:43 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".

Yes, this is also a good reason to keep bitcoin. I think keeping some bitcoin to own as well as you hold gold. For example, you give a very nice but I wonder if the countries do not accept bitcoin will be like? You will not be able to trade online.

Inkdatar

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Quote from: ethereumhunter on July 27, 2017, 08:13:32 AM

the best reason i have until now is i can have my own money from bitcoin so i only need to withdraw my bitcoin into fiat. but i hope in future, i can buy something in my country or when i am travelling into some places, that place is accepting bitcoin so i can use my bitcoin to pay what i am buy. i think it will be interesting for me and i am really curious with this.

Thats a good reason to own some btc, for me I like to own some btc because I can use it anytime and anywhere. Easy to use and accessible as long there is internet access. Fast transactions is one of the good reason and also saving bitcoins that may grow our money.

ethereumhunter

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the best reason i have until now is i can have my own money from bitcoin so i only need to withdraw my bitcoin into fiat. but i hope in future, i can buy something in my country or when i am travelling into some places, that place is accepting bitcoin so i can use my bitcoin to pay what i am buy. i think it will be interesting for me and i am really curious with this.

btvGainer

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One of the reason I love btc is freedom to manage and spend my funds the way I want and that too without anyone keeping an eye on it.Btc is easy to manage and universal.I had lots of difficulties sending funds earlier to the people located in different part of world,but with btc it is easier

Rahar02

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Quote from: OROBTC on July 05, 2017, 03:52:43 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".

In that case, we need more new adopters and maybe some stores owners will join into the community as well.
There are some countries which have bitcoin exchanges and people could easily convert their bitcoin into fiat currency used banks account. But for foreigners, you have to visit exchanges office or some places where they accept buy and sell bitcoin, another point is bitcoin ATM to get some cash.

KennyR

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One of my friend was moving abraod for educational purpose. Now he need the cash in the form of the respective country he is moving, so when enquired he was to pay a big commission to the exchanges. I suggested to convert and hold in the form of bitcoin and convert periodically and withdraw the required amount. This will be secure as well the increasing price gives more value to the amount. He's interested and researching what to do.

CryptoWorld87

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Quote from: Makka on July 27, 2017, 06:50:36 AM

When traveling, the best and most secured way is to make sure enough cash is with you. Local cash, I mean. When your traveling brings you to places that are not that developed, even money exchangers are hard to find. Debit and credit cards may also prove to be futile in some areas. How much more for bitcoin?

Yes i agree with you actualy almost all around the world already have a bitcoin holder and some is bitcoin atm but still this is not enough specialy when you go to a some remote areas with out a wifi internet or electricity this is you problem even when you are in some cuties that a lot of people dont know about bitcoin you are in trouble also maybe a few years from now when more and more people using bitcoin its worth it.

Makka

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When traveling, the best and most secured way is to make sure enough cash is with you. Local cash, I mean. When your traveling brings you to places that are not that developed, even money exchangers are hard to find. Debit and credit cards may also prove to be futile in some areas. How much more for bitcoin?

carlerha

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Quote from: Zemangat on July 26, 2017, 11:14:02 PM

Bitcoin for me as a long term investment. I can earn money from bitcoin by just storing it. I agree with what you say. The convenience of bitcoin that can replace payments using bitcoins. I am just like you. Buy something using bitcoin. Easier transactions with lower fees. And we can tell the whole world. I like with bitcoin .. i can do anything with it.

yes long term investment is really good. as there is always low risk of losing money. i think those people who have good experience in short term investment then they can also make profit form short term investment but i think for most of the people long term investment is best option.

bajing

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It is a reasonable excuse to have bitcoin but the problem is that there are still few countries that have legalized bitcoin, even though you have bitcoin may be you will difficult to find a place to sell it because only a little bitcoin exchange have their own office.

richminded

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Its good to hold bitcoin simply because it multiply your money, create unlimited income for you and makes your life more convenient specially here in my country i can use bitcoin in many facilities and also convert it into fiat without any hassle.

Amevalentine

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since some exchanges has offered physical atm for using it, it could be plus advantages when u going travelling to some place without bring some cash.
i would love to when bitcoins would be accepting worldwide soon, included at railways station, bus station, cafe, and others.
it makes all easier.

Gummybear67

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Quote from: MWesterweele on July 05, 2017, 04:01:32 PM

Quote from: OROBTC on July 05, 2017, 03:52:43 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".

Having a bitcoin is a privelege , if we had a bitcoin we already have the curency for the future . And bitcoin for more more years will be likely to increaae its value more.

Definitely, bitcoin before is cheap like $5 but since the demand get high the producers imcrease the value as well as the amount. Fortunate enough , if you keep bitcoin before probably you're already a millionaire nowadays.

coynedterm

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Quote from: OROBTC on July 05, 2017, 03:52:43 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 is really a big idea , and this is not new but it is type of understanding of you don't have money . Actually I am from India and was traveling for the another state ( Gujarat ) but in the train I got cheated by theif and stop my money and have nothing in my pocket .
But when I exited from the railways station then I have no money but I went in a cafe and opened my block chain account and searched also for a bitcoin user and successfully got a person in 20km far , and finally I got him to through Facebook and made sell my coin ( since at low rate ) but was a really big moment in my life at that condition , so I think with Bitcoin not only in the own country but from country to country travel is easy without much tension because we have the support of the Bitcoin network to use in the whole world .

Meraki

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There are numerous reason to own some bitcoin one of them is bitcoin's price is going upwards. If you got early btc as possible is the better because you might end up being rich. Also bitcoin can be exchange to many things and many coins. Too thus with this you can have a variety of things to do with your bitcoin.

tinhyeumaunang

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Quote from: OROBTC on July 05, 2017, 03:52:43 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".

Yes, bitcoin storage is also very necessary. But if you rely on your example, then what if you get stuck in countries that do not accept bitcoin? Can not pay online?

Zemangat

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Bitcoin for me as a long term investment. I can earn money from bitcoin by just storing it. I agree with what you say. The convenience of bitcoin that can replace payments using bitcoins. I am just like you. Buy something using bitcoin. Easier transactions with lower fees. And we can tell the whole world. I like with bitcoin .. i can do anything with it.

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