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Topic: my situation with bitcoin how it helped me real use case today - page 3. (Read 585 times)

sr. member
Activity: 1246
Merit: 255
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Now and then people are getting into bitcoin usage through different means. Some get into bitcoin out of need, some start using it understanding the truth and goodness of bitcoin. One way or other everything contribute to the growth of bitcoin and making decentralized operation effective against the corrupt centralized system. What we see with people using cryptocurrencies is a beginning to the transition toward a decentralized community.
hero member
Activity: 2156
Merit: 670
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One of the benefits of using Bitcoin is like that, as a means of payment and transactions globally without a complicated way. In this case, if you use the transfer system through an inter-state bank, of course, you have to go through a series of systems and there is a possibility that it will not arrive on the same day.
Hopefully, more people will realize the benefits of Bitcoin.

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money
I'm pretty surprised that he could directly use the BTC transaction and send it to yours. Probably he used a local exchange or event buying in the P2P market. However please note that your friend should be careful when sending the BTC, moreover he is new, Anf course, You will need to guide them first. And he is better to choose the easy exchange display.

I wonder how much miners fee did your friend set up to get confirmed the same day. Since transaction fees today are so damn high, a
You are right, the fee is so high and it led me not to transfer my BTC into the local exchange yet. For, it will require a high fee that will really
but of course here, much fee us needed to pay the fees
sr. member
Activity: 1400
Merit: 269
One of the problem of banks is, its not flexible and fast because centralized authorities will have to verify the transaction and will be completed with 3-5 business days. It's really a hassle especially when you're a dire need of money.
Thankfully alternatives such Bitcoin is here, and became more accessible through paypal. No more hassle in waiting for many long days.
legendary
Activity: 2674
Merit: 1048
so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day Smiley

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money
Glad to hear stories like this , even with the current high fees in bitcoin still beat the western union transfer fee and any other outdated payment processsor , time consuming... that the most important part when you use a traditional bank to transfer overseas.
As time goes by i told you guys .. the people needs in bitcoin will increased , the popularity will get boosted and we are stepping in a new phase of mass adoption now though.

This type of first impression needed to Introduce the whole concept of decentralized finance to the newcomers. Im happy for you and your friends.
hero member
Activity: 2716
Merit: 552
I wonder how much miners fee did your friend set up to get confirmed the same day. Since transaction fees today are so damn high, and I'm surprised he didn't reacted so much (I assume since you didn't mentioned about it) about how expensive it was to send Btc from other address.
Nevertheless, that's a good thing hearing someone learned about how Bitcoin help bridge the gap of traditional banking system.
sr. member
Activity: 2226
Merit: 347
so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day Smiley

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

So youre the one who had told him about bitcoin or buying up one for him to set out to you?
This is one of the benefits or pro's of bitcoin where you can sent of coins without any need with having similar banks or what.

As long you do give out your address then you would make out transactions a easy as it can.This had been on of the main factors
on why bitcoin is getting recognized.

legendary
Activity: 2758
Merit: 1228
so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day Smiley

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

This is just the basic thing what bitcoin can offer and discover more since for sure you and your friends will love more the opportunity that can possibly accumulate if you and your friends will explore more the bitcoins and cryptocurrency. For now focus on watching the market and make yourself knowledgeable about trading.
member
Activity: 980
Merit: 12
It is really awesome that Bitcoin has a peer-to-peer cash system. You can send money as Bitcoin to anyone, anywhere in a very short time. There is no need for a bank account. I believe that the powerful and easy-to-use features of digital currencies will be understood by more people day by day and it will speed up the process of leaving fiat for digital currencies in the future.
legendary
Activity: 2520
Merit: 1396
That's nice to hear that he/she bought Bitcoin using the bank account in his/her country. I hope some people will also try this one, we all know a lot of people are afraid to use BItcoin, especially in this case, transferring money from another country which in some cases especially different countries, it is really difficult and transaction fees may too much.
hero member
Activity: 3038
Merit: 634
It's truly amazing that you can receive it without using any third party. I guess you and your friend would love to have and use bitcoin most of the time when you're going to send money to each other.

You can sell and convert it to cash anytime you want but it's best if you'll keep it as it is. Let your friend know more about bitcoin and give him the tutorials that you know that you can find in the forum. Didn't he have difficulties in making a wallet, loading it with bitcoin and sending it if he has never made one before?
member
Activity: 569
Merit: 88
Credibility: 999
Heard about the first bitcoin transaction? This is the exact reason why bitcoin was created. Most people think it's about making money. Nah! I'm glad you just had a taste of it. The bank could have asked you to bring documents an all but, thanks to Satoshi Nakamoto!
hero member
Activity: 2562
Merit: 577
so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day Smiley

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money

First time experience I can see and am glad everything went well despite it is the first encounter with btc between you and your friend, this is why many btc lovers are in favour of it, fast transaction without the middleman,
Am glad he sees positive in btc, I hope he will share his experience with others to understand the simplicity of using btc as an alternative means of transferring funds, experience is the best teacher they say.
member
Activity: 322
Merit: 14
so my friend has money but not same bank as me he was different country but he wanted to give money to me and i need it fast so he bought bitcoin and i got money same day Smiley

he never used bitcoins and he thinks now its amazing:)  btc really solved that situation that he had different bank then me and not possible physically to give money
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