First we need a way to spend our bitcoins (e.g. local store)
Topic: Storing of Bitcoins is against Bitcoin. - page 37. (Read 41861 times)
Storing is not against Bitcoin!
The less coins in circulation the higher the demand for the ones avalaible.Scarcity dude!
On the other hand you're right that spending bitcoin is an important part of the ecnomy as well.
So I would say both is good and important!
The less coins in circulation the higher the demand for the ones avalaible.Scarcity dude!
On the other hand you're right that spending bitcoin is an important part of the ecnomy as well.
So I would say both is good and important!
I thought about this and it made me think: if everybody held their bitcoin and there were less in circulation, what would that translate to as far as the security of the network is concerned? Would the network's security be compromised at all if there were no transactions being broadcast?
why would security be compromised? in order to rewrite the public ledger as long as NOONE has 51% it'll still be intact
That's my question...what affect would that have on the concentration of hashing power and what would the possible consequences be?
Storing is not against Bitcoin!
The less coins in circulation the higher the demand for the ones avalaible.Scarcity dude!
On the other hand you're right that spending bitcoin is an important part of the ecnomy as well.
So I would say both is good and important!
The less coins in circulation the higher the demand for the ones avalaible.Scarcity dude!
On the other hand you're right that spending bitcoin is an important part of the ecnomy as well.
So I would say both is good and important!
I thought about this and it made me think: if everybody held their bitcoin and there were less in circulation, what would that translate to as far as the security of the network is concerned? Would the network's security be compromised at all if there were no transactions being broadcast?
why would security be compromised? in order to rewrite the public ledger as long as NOONE has 51% it'll still be intact
Storing is not against Bitcoin!
The less coins in circulation the higher the demand for the ones avalaible.Scarcity dude!
On the other hand you're right that spending bitcoin is an important part of the ecnomy as well.
So I would say both is good and important!
The less coins in circulation the higher the demand for the ones avalaible.Scarcity dude!
On the other hand you're right that spending bitcoin is an important part of the ecnomy as well.
So I would say both is good and important!
I thought about this and it made me think: if everybody held their bitcoin and there were less in circulation, what would that translate to as far as the security of the network is concerned? Would the network's security be compromised at all if there were no transactions being broadcast?
lack of people accepting them
This is the Answer, why is this situation.
Paypal cashout and fees are sooooo high.
The problem i have with spending bitcoin (apart from the lack of people accepting them) is that anything i want to buy with bitcoin ive got to price in the fact that i have to pay £10 or more per bitcoin i buy so at the moment if i buy £300 worth of bitcoin it costs me around £310, then when i but something at £300 its actually costing me £310 so im actually cheaper just using paypal or some other method.
What do you want to buy that you believe you can't buy with Bitcoin?
Once there are Exchangers, with BTC is possible to buy anyting, that have the price.
Only if the price and delivery goes in BTC directly, to for BTC owners it will be easy to spend BTC.
But going to Exchangers produce fees, right?
Btc main advantage is ease and partial anonymity. going through exchanges just makes it more troublesome. everything should be done straight hey btc
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
yes i spent my bitcoin almost daily,and also i hold my bitcoin,so i dont against bitcoin,because i use bitcoin as investement and currency No one will offer services for Bitcoin.
Spend Your Bitcoins.
What do you want to buy that you believe you can't buy with Bitcoin?
Once there are Exchangers, with BTC is possible to buy anyting, that have the price.
Only if the price and delivery goes in BTC directly, to for BTC owners it will be easy to spend BTC.
But going to Exchangers produce fees, right?
but most of us earn and live in a fiat world
Who have Bitcoin to spend, and find not where - must explain to business owners
about services like Bitcoin payment platform https://bitpay.com to have prices in BTC
What do you want to buy that you believe you can't buy with Bitcoin?
and sell it when its price is doubled
ohh
So, for You this coin is a product and not currency?
Why not BTC1=$100.000.
?I see here people with loss after to buying BTC in hope to have exchange rate flying to the sky.
Quote
Bad Investment Habits That Are Draining Your Portfolio
Being a Follower
Birds of a feather tend to flock together, and that's especially evident during times of market upheaval.
When stocks begin to slide, this sends investors into a collective panic, and the result is that they end up selling off assets without considering the impact on their portfolio.
Following that herd instinct is something that savvy investors don't do because they understand that the market goes through ups and downs.
Resisting the urge to let what others are doing drive decision-making is difficult, but it's the key to a sound bottom line.
Being a Follower
Birds of a feather tend to flock together, and that's especially evident during times of market upheaval.
When stocks begin to slide, this sends investors into a collective panic, and the result is that they end up selling off assets without considering the impact on their portfolio.
Following that herd instinct is something that savvy investors don't do because they understand that the market goes through ups and downs.
Resisting the urge to let what others are doing drive decision-making is difficult, but it's the key to a sound bottom line.
nobody wants to pay
Nobody wants to pay or Nobody wants to pay in Bitcoin?
with the years the interest would be
Taking "saved Bitcoins" produce no interest.
Lets be clear we invest at bitcoin as we believe on it potencial,and every user has set a value where they could sell a part of their portfolio,but is the same thing as make a saving for a life,with the years the interest would be there,with bitcoin i guess is just months.
Why can someone not have some bitcoin saved up and some bitcoin that are spent? Honestly, yes, if you are asking if are there people who will never probably spend there bitcoin, there are. Some people will spend their bitcoin if they comfortable with it.
nobody wants to pay
Nobody wants to pay or Nobody wants to pay in Bitcoin?
Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
*Clears throat* I've offered my writing services for Bitcoin enough times, but apparently nobody wants to pay any kind of a decent price for writing services anymore. So you're wrong that "no one will offer services for Bitcoin." But seriously, buy it, earn it, spend it or save it, all of these activities serve Bitcoin and cryptocurrencies in some way.
but most of us earn and live in a fiat world
Who have Bitcoin to spend, and find not where - must explain to business owners
about services like Bitcoin payment platform https://bitpay.com to have prices in BTC
and save what you don't need to spend.
This is a
Sure, diversify your Bitcoin wealth if all you got is Bitcoin wealth to not keep all your eggs in one basket, but most of us earn and live in a fiat world though, and already have diversified portfolios. Like rental properties, land, homes, physical goods, cash, various negotiable securities, and Bitcoin, so diversification is obvious and already implemented.
I was specifically speaking of the Bitcoin aspect of the investment portfolio... spend what you need to and save what you dont need to spend, like any other wealth.
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