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Topic: Another Good Reason to Own Some BTC - page 7. (Read 5009 times)

sr. member
Activity: 1470
Merit: 359
July 26, 2017, 11:07:30 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".
The advantage of bitcoin is its is volatile, it means that the value is suddenly changes and there is possibility that the price of the bitcoin will double up or even triple up in the near future. We can be rich by holding bitcoins.
hero member
Activity: 2268
Merit: 789
July 26, 2017, 09:24:28 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".

You said that “Here is a case for having an online wallet, travels anywhere”. This is definitely the first thing I am thinking when I first read about this topic. This is the first thing that comes to my mind because I am the type of person that loves to travel. But of course it not that safe in online wallet compare to offline wallet. Another reason for me is that if I own btc I own a money. A money I called mine because I earned by doing bitcoin. It wiil be my investment, my saving as well. I can use it in emergencies and some of my needs.
well good point that you can bring your bitcoin when you are travelling the only negative side was if you are in the place where bitcoin is not yet been introduce, glad that here in my country we do have alternate ways as the carrier of our online wallet have this features that we can withdraw our btc
to our local fiat in many ways.

I'm also thankful that in my country, some retailers accept bitcoin as a payment and we have this website that lets you convert your bitcoin to fiat for emergency cash. But the real idea behind earning bitcoin is you just keep it until the price increases over time. Last January 2017, bitcoin prices are around $1000 and right now it's more than $2000. You just keep your bitcoin because I also believe that by the end of the year, it might reach $4000+. There is no reason for you to spend your bitcoin other than an emergency situation.
legendary
Activity: 3542
Merit: 1352
July 26, 2017, 08:35:10 PM
The mere fact that there are only a few active countries which has an active bitcoin economic scene makes me want to save more cash if in case I would ever want to travel. Or I can use my debit cards and load them up with bitcoins if in case I get lost and no cash on hand. That would be more promising.
member
Activity: 88
Merit: 10
July 26, 2017, 08:31:12 PM
Having power to beat government in terms of tax and taxability.
Non-controlled assets.
Very free to send money to all people around the world.
Profit opportunity, its price going up continuously.

These are the reasons why I hold it.
hero member
Activity: 1302
Merit: 540
July 26, 2017, 08:27:38 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".

You said that “Here is a case for having an online wallet, travels anywhere”. This is definitely the first thing I am thinking when I first read about this topic. This is the first thing that comes to my mind because I am the type of person that loves to travel. But of course it not that safe in online wallet compare to offline wallet. Another reason for me is that if I own btc I own a money. A money I called mine because I earned by doing bitcoin. It wiil be my investment, my saving as well. I can use it in emergencies and some of my needs.
well good point that you can bring your bitcoin when you are travelling the only negative side was if you are in the place where bitcoin is not yet been introduce, glad that here in my country we do have alternate ways as the carrier of our online wallet have this features that we can withdraw our btc
to our local fiat in many ways.
full member
Activity: 519
Merit: 101
July 26, 2017, 08:23:14 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".

You said that “Here is a case for having an online wallet, travels anywhere”. This is definitely the first thing I am thinking when I first read about this topic. This is the first thing that comes to my mind because I am the type of person that loves to travel. But of course it not that safe in online wallet compare to offline wallet. Another reason for me is that if I own btc I own a money. A money I called mine because I earned by doing bitcoin. It wiil be my investment, my saving as well. I can use it in emergencies and some of my needs.
full member
Activity: 308
Merit: 101
July 15, 2017, 05:53:27 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 a big advantage for people who have used bitcoin and have bitcoin to keep their own, but not everyone recognizes the advantages, they still suspect wallets online that it is unsafe and unreliable.
sr. member
Activity: 612
Merit: 250
July 15, 2017, 05:48:48 AM
That is for sure.  One of the best feature of bitcoin is we can actually convert it into money.  But it would be much better if the country that you will going to travel do have bitcoin atm.  Anyways it would not be hard if you have bitcoins and wallet and another wallet so you could just transfer the bitcoin that you have.
i agree with you this is the main feature to exchange bitcoin to money thats why every one use bircoin and work in bitcoin. as your opinion for ATM its the best idea ATM can solve the all problem in bitcoin.
hero member
Activity: 994
Merit: 544
July 15, 2017, 05:36:15 AM
That is for sure.  One of the best feature of bitcoin is we can actually convert it into money.  But it would be much better if the country that you will going to travel do have bitcoin atm.  Anyways it would not be hard if you have bitcoins and wallet and another wallet so you could just transfer the bitcoin that you have.
hero member
Activity: 1022
Merit: 521
July 14, 2017, 05:45:47 PM
I think the main thing that makes me own bitcoin is the future expectation to get rich, we all know that when bitcoin prices reach more than $ 1000 then many new rich people, they tell a lot in various media, now the price has reached $ 2500 and it's time to see 5 more years The price will reach $ 15,000.
Exactly! The prices are going to shoot up in the coming years. The most common reason for owning bitcoins is that people see them a source of making them rich without great effort within no time. Besides this, bitcoins’ decentralization, anonymity, low transaction fee are few other factors to own bitcoins. 
legendary
Activity: 2968
Merit: 1895
July 14, 2017, 12:13:29 PM
...

It will be a little over a week until I can get to a city where BTC is traded (in the provinces on vacation now).  So, I'm OK if the price goes down until then.  And, were push to come to shove, I could SELL some BTC for FIATEuro, but it likely will not come to that.  And that's why I started this thread: to explore why having some BTC at hand while traveling is a good thing.

Then I sure hope that they have a successful August 1 implementation of, of, whatever...
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
July 14, 2017, 11:35:18 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.
Indeed. There are lot are of good reasons to own some bitcoin. In addition to that, having bitcoin will help you to pay your bills easily and you can also transfer money instantly and without any paper works. Bitcoin is very useful and having bitcoin will help you to become rich in the future so what you waiting for buy bitcoin now and be next millionaire in the future.
sr. member
Activity: 423
Merit: 250
July 14, 2017, 11:02:28 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.
As a user or bitcoin on almost a year. I can see that the best reason for people to own bitcoin is because of its development and its future. All through out the past years we could see and experience the development and changes brought by the inevitable progress is technology on a world. And bitcoin as a intrument of transaction aligned to technology people prefer to support and to used it in a more daily basis. Resulting for a more developed crypto-currency in transaction. Aside from that it also follows the principle of law of price and demand where the move on its stock brought by the support of the people is a factor of its price development.
sr. member
Activity: 2506
Merit: 368
July 14, 2017, 10:45:18 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".
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.
Indeed. Having a bitcoin will help you to gain a lot of income and I think it will our future money. In addition to that, if you had a lot of bitcoin it will make you millionaire or billionaire in the near future and also it will help you to sustain all you need in your daily life. I believe that the price of bitcoin will goes up.
yes the facilities that bitcoin is providing us to make money and increase our income is another good reason which is making bitcoin more reliable and trusted. in fact bitcoin is really providing good opportunities to people to earn livelihood.
Majority of the users here were not the one with a bigger earning or the one with the good backing of traditional fiat. Based on this I believe bitcoin earning is the one that makes more users to be into the digital currency network as well keeps more users have a better living. Lot has turned to be rich through bitcoin.
This is another one good reason why bitcoin is popular among the unemployed people, it gave them a job which gave them also a good income. That's why a lot of people is using bitcoin as their pocket money everywhere they want to go but of course they have to change bitcoin into some fiat if that country doesn't accept bitcoins. I hope more country will support the bitcoin payment in their country just like the other countries.
sr. member
Activity: 434
Merit: 252
July 14, 2017, 10:12:35 AM
Why do you need the legalization of bitcoin. Crypto currency was conceived as an alternative to the official Fiat money. Now it's easy to spend your coins and not have to pay taxes. What else do you need? Bitcoin belongs to the people and we should be all the same recognize his government or not.
sr. member
Activity: 546
Merit: 256
July 14, 2017, 10:06:11 AM
Owning btc is like preparing for the future we might know that btc will become official currency but I wish all the country could accept btc as payment for goods.

I don't know about that, bitcoin has still some weaknesses if it will be an official currency used by many people and countries. I think it will be taking a lot of years and a lot of minds to join before the bitcoin become a currency that is common in a certain country. Also, with it's volatility, it is really good that we have some bitcoins so if the price pumps, we can have some profit or earnings from it.
member
Activity: 106
Merit: 10
July 14, 2017, 09:52:06 AM
Owning btc is like preparing for the future we might know that btc will become official currency but I wish all the country could accept btc as payment for goods.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
July 13, 2017, 07:56:03 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".
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.
Indeed. Having bitcoin is very nice because it will help you to sustain all your need in your daily life. Furthermore, bitcoin is digital money that you can use in different kind of transaction. I think if you have more bitcoin in your online wallet I guess it will help you to become rich or millionaire in the near future.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
July 13, 2017, 07:30:47 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".
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.
Indeed. Having a bitcoin will help you to gain a lot of income and I think it will our future money. In addition to that, if you had a lot of bitcoin it will make you millionaire or billionaire in the near future and also it will help you to sustain all you need in your daily life. I believe that the price of bitcoin will goes up.
yes the facilities that bitcoin is providing us to make money and increase our income is another good reason which is making bitcoin more reliable and trusted. in fact bitcoin is really providing good opportunities to people to earn livelihood.
Majority of the users here were not the one with a bigger earning or the one with the good backing of traditional fiat. Based on this I believe bitcoin earning is the one that makes more users to be into the digital currency network as well keeps more users have a better living. Lot has turned to be rich through bitcoin.
full member
Activity: 280
Merit: 108
July 13, 2017, 07:23:45 AM
You would need to find someone there on that country buying Bitcoins and giving fiat instantly on your hands.

Only good if there were a trusted exchange house, something like this offering this service, because it's too dangerous to trust a stranger to do this transaction, you can give your Bitcoins and he won't give you any $$ back.
in that case you can use paxful or localbtc to buy a western union transfert where ever you are with your bitcoin  Cool
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