Topic: What can i do with Bitcoin? - page 19. (Read 19069 times)
I generally only collect bitcoin of the signature campaign and sometimes trading. Then I hold it in my wallet for sometime until I need money to buy something well once a month, I sold part of my bitcoin to complete and pay my monthly bill.
You can use bitcoin with many things. You can sell your butcoin in exchange to money, you can use your butcoin to buy something you want, you can travel using bitcoin.
I am not sure about butcoin you are talking about 
.Bitcoin being the king of virtual currency we have several ways to spend our coins and if you are a trader there are many ways to do that and if you want to hold your coins you can be your own bank.We have several options when it comes to bitcoin and we can change according to our individual choice and that is the biggest advantage of bitcoin. I use it on trading and for payments on some online stores.
I dont usually use it on trading and payments because i dont really use it to buy things, I exchange it on real money and buy things that i needed.
Same here, I'm only buying things in fiat after I have converted some of my bitcoins, because for me, using bitcoin on buying things that we need is not really worth it. We could lose profit on doing this, so, converting it to fiat first is the better idea that anyone could do if they are going to buy things, unless, the store or shop that where you are going to buy something only accepts bitcoin as a payment.
Just earn, earn and earn right now and save it in your wallet. According to my experience the price will reach further and in 2017 I think it will goes up to 2000$ so, hold it and try to earn as much as you can and wait for the right time to sell it and If you have any of the investment in fiat or the real money so, just don’t waste time convert it in the bitcoin and wait for the reward.
You can use bitcoin with many things. You can sell your butcoin in exchange to money, you can use your butcoin to buy something you want, you can travel using bitcoin.
I invest in Bitcoin... just buy and hold it forever...
the only thing i spend bitcoin on is gambling and buying digital goods
the only thing i spend bitcoin on is gambling and buying digital goods
Why did you say that you are holding your bitcoin but you are using it in gambling and buying digitals goods? this isn't holding, I'd rather say you are earning bitcoin to spend it, and not to hold it, because the word "Hold" is really different from the word "Spend". I bet the truth is that you are only buying bitcoins so you could spend it on gambling, hoping that you could make a bigger profit, though the truth is, you will not, because gambling is about more losing than winning.
You can use your coins for payment in online shops, or try to sell it offline with profit.
Another option is trading bitcoins against altcoins on exchanges, again with the option of profit (but the risk of losses).
And of course, you can simply keep the coins and look at them as a form of long term investment.
Everything else (such as cloudmining) I would really not recommend.
Another option is trading bitcoins against altcoins on exchanges, again with the option of profit (but the risk of losses).
And of course, you can simply keep the coins and look at them as a form of long term investment.
Everything else (such as cloudmining) I would really not recommend.
I effect payments with Bitcoin,I've procured a lot of households stuffs and electrical appliances with Bitcoin, I'm told Uber taxis are now accepting Bitcoin so maybe in my next trip with Uber I will use Bitcoin to buy credits in my account and make payment.
If I was in you, I would just hold. BTC price has a very high probability of increasing substantially in the following months and years, so I think it's a bit pointless to spend them. Just buy and hold as much as you can afford.
I do agree so. However, using bitcoin is the most effective way to make the prices keep going up. We must use Bitcoin in order to influence the prices and make it more popular to this planet. As you can see, if no one use Bitcoin, it will be dead. Save the half and try to use another half in various ways. You can buy a lot of things online with bitcoin, you know
I wonder if such applications on bitcoin is already accessible in the Philippines. A friend of mine told me that you can buy things online thru bitcoin in Lazada or Zalora. I'm a newbie here tho' I really don't know much anything bout the use of bitcoin. All I kinda aim is to collect bitcoins then exchange it to money. I've seen threads that it's better to gamble your bitcoins for more chances of winnings. uhmm what do you think?
bitcoin is a currency for me above everything, you can use it as a currency pretty much you are using fiat to buy stuff
the numbers of store that accept bitcoin grow every year, especially electronic store are easy to find now
i would not use it for trading it only put you in a risk of losing your coin, but i would use it for lending with proper collateral, to gain something instead of letting dust accumulating on your coins...
the numbers of store that accept bitcoin grow every year, especially electronic store are easy to find now
i would not use it for trading it only put you in a risk of losing your coin, but i would use it for lending with proper collateral, to gain something instead of letting dust accumulating on your coins...
If I was in you, I would just hold. BTC price has a very high probability of increasing substantially in the following months and years, so I think it's a bit pointless to spend them. Just buy and hold as much as you can afford.
It is not possible for me to hold bitcoin for the long haul because bitcoin is the second income to me, so I will convert them whenever I need money. There is a huge chance that we make money with bitcoin when the price of bitcoin increases. But I don't have enough money to hold for long.
You can do so much with it-start trading,saving it and hoping one day you will cash out big in profit,sell BTC on localbitcoins and profit from the margin,open a shop which accepts BTC-you can do that online too.Also paying for goods,products,or even having discounts.
Yeah there's a lot of things to do with your bitcoin. Here in my country you can cash out your bitcoins approximately $8,000 maximum per day. It's their daily limit. And I'm hoping too that I can cash out that amount but as of now, I'm using my bitcoins for paying bills, trading and right now majority of my coins are on hold.
If I was in you, I would just hold. BTC price has a very high probability of increasing substantially in the following months and years, so I think it's a bit pointless to spend them. Just buy and hold as much as you can afford.
You can do so much with it-start trading,saving it and hoping one day you will cash out big in profit,sell BTC on localbitcoins and profit from the margin,open a shop which accepts BTC-you can do that online too.Also paying for goods,products,or even having discounts.
Sorry I don't have bitcoin now, but only collecting some few of satoshi's in bitcoin faucets which is freebitcoin.io every hour. then while waiting I read most often in the different thread section only.
actually there are many other methods than the faucet does not need capital. I think you have to read more articles on this forum. there are many methods that you can explore in addition to faucets. you can use bitcoin for anythingHe knew about how to run his body(work) to get more bitcoin in this day.
But we are having a limitation for use bitcoin in the different environment.
I want to use bitcoin in many sectors where I can.And yes desperately I am waiting for that time.when I can use it will be interesting.
Recently Bitcoin got allot of investments, people are holding Bitcoin in wallets and expecting huge returns, but also questioning how i can use Bitcoin?
In my opinion most interesting ways to use Bitcon:
1. Travel to Bitcoin City Arhnem in Netherlands
2. Travel To Bitcoin Country Liberland
Also while we keep Bitcoins in our wallets sometimes we want more returns and we are looking where to invest Bitcoin?
Wanting more returns can burn your Bitcoin, because altcoins are copy of Bitcoin and created to scam you, just like high yield investment programs, bitcoin doublers, etc...
The concept of digital currency is created by Satoshi Nakamoto and no matter what revolutionary idea altcoins advertise they will fade away.
Bitcoin have no competitors and any altcoin idea can be implemented in Bitcoin.
Only if you are willing to analyse allot, track the news and know when the dump will come you can profit from these altcoins while they alive.
Because no matter what i will say people will invest in altcoins expecting that someone will rise like Bitcoin and they Become millionaires.
Yes we can become millionaire from altcoins, but keep mind that they will fade away and know when to get out the boat.
Ethereum, Monero, these altcoins had potential to make you millionaire, but not anymore, they will fade away too.
I understand the psychology of investors and how media effects investments and i made a profit from them.
For example with Monero, public information been available when DeepWeb market "AlphabayMarket" integrate Monero.
Know when altcoin attracts huge investments and invest before.
Other way to use Bitcoin:
Trade stocks and forex with Bitcoin
How do you use your Bitcoin?
People have different thoughts and interest about bitcoin and altcoins, yes being greedy may cause our bitcoin lost in scam or failed project. I'm not trust any kind of investment so easy and have to going through some research and learn about it in the market.In my opinion most interesting ways to use Bitcon:
1. Travel to Bitcoin City Arhnem in Netherlands
2. Travel To Bitcoin Country Liberland
Also while we keep Bitcoins in our wallets sometimes we want more returns and we are looking where to invest Bitcoin?
Wanting more returns can burn your Bitcoin, because altcoins are copy of Bitcoin and created to scam you, just like high yield investment programs, bitcoin doublers, etc...
The concept of digital currency is created by Satoshi Nakamoto and no matter what revolutionary idea altcoins advertise they will fade away.
Bitcoin have no competitors and any altcoin idea can be implemented in Bitcoin.
Only if you are willing to analyse allot, track the news and know when the dump will come you can profit from these altcoins while they alive.
Because no matter what i will say people will invest in altcoins expecting that someone will rise like Bitcoin and they Become millionaires.
Yes we can become millionaire from altcoins, but keep mind that they will fade away and know when to get out the boat.
Ethereum, Monero, these altcoins had potential to make you millionaire, but not anymore, they will fade away too.
I understand the psychology of investors and how media effects investments and i made a profit from them.
For example with Monero, public information been available when DeepWeb market "AlphabayMarket" integrate Monero.
Know when altcoin attracts huge investments and invest before.
Other way to use Bitcoin:
Trade stocks and forex with Bitcoin
How do you use your Bitcoin?
But, so far I just saving bitcoin as there is no any merchant that accept bitcoin payment in my city. Just in case if I will travel to those cities in Netherland or Liberland, my savings should be useful to purchase daily needs in there or other places.
I use it on trading and for payments on some online stores.
I dont usually use it on trading and payments because i dont really use it to buy things, I exchange it on real money and buy things that i needed.
I agree with you that is the real potential and the nightmare of the banks. That is, to use it according the Nakamoto's vision; as payment system and not only as commodity. So,
I like to buy things from online shops without the danger when it asks from me to give the details of my credit/debit card.
Taking part in online betting sites for the same reason.
Moreover, I would like to travel abroad using only my bitcoin wallet where there will not be any reason to convert fiat from country to country. In addition in case somewhere the local residents are accepting only fiat I could have the chance to convert btc to local fiat in a crypto ATM machine.
I like to buy things from online shops without the danger when it asks from me to give the details of my credit/debit card.
Taking part in online betting sites for the same reason.
Moreover, I would like to travel abroad using only my bitcoin wallet where there will not be any reason to convert fiat from country to country. In addition in case somewhere the local residents are accepting only fiat I could have the chance to convert btc to local fiat in a crypto ATM machine.
This is the ease us in using bitcoin, do not bear the risk when we go out of the country with so much money, with their bitcoin will certainly help us in the move anywhere, we will not fear a lack of money for the stock BTC safe on the wallet, the advantages of using bitcoin price universal wherein where at the market price, in contrast to us with the money we have to first convert to the dollar, while the currencies of our prices are low
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