Topic: What can i do with Bitcoin? - page 4. (Read 19086 times)

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?

UPDATE:

I researched all the Altcoins and can say that Dash will win against Ethereum and possible even Bitcoin.
Dash solves problems that Bitcoin now have.
Dash have instant transactions, private sending, almost no fees and it's self fundable, all developers, masternodes, miners get's the percent.
Recently anonymous user submitted article about Dash in our page:

http://www.buywithbitcoin.info/if-bitcoin-will-not-progress-dash-will-overtake-bitcoin/

Buying and selling bitcoins has become really very easier now and thanks to localbitcoins which is best and trusted place to do so as since beginning of my bitcoin journey I am using the same place to buy or sell my bitcoins and never faced any problem related to safety of my money.

Yeah you could do that here and maybe be transported to your country or if you have an online shop in your country that accepts bitcoin as payment that would be cool.
How about games? Do you like games? You could use it now in steam to buy games or to top up to buy items from your steam powered game.

I have just used bitcoins for recharging my mobille as i dont find any merchants accepting bitcoins in india.I have idea of buying electronic goods using bitcoins online.

I do not argue debit card will greatly simplify the use of bitcoins. But it is only for those who decided to spend their assets.
But you can still just keep the bitcoins for a long time. I think this is a good investment

I do really like on having my own bitcoin debit card which i do use cryptopay and experience was never been to easy on this one unlike on traditional cards do i have.Just a simple or a matter of clicks you could able to top-up your card and you can use it on any atm which do have visa which is really great.

I agree, bitcoin debit cards are the new thing out there, they provide an instant exchange from bitcoin to your local currency at any ATM in the world and only for a few fees, and unlike regular credit cards they are cheaper and some of them only take a very short time to get delivered, some of them only cost like $20 to $30 and some of them cost only $1 but take $1 every month and it depends on how long you are going to use it.

Why don't you use bitcoin debit card dude? If you have bitcoin debit card you can easily save your conversion fees from bitcoin to fiat currency and using bitcoin debit card doesn't involves any fees so it can save your lot of money and at the same time you can use it at any place for shopping either online or offline.

What an awful comparison with buying bitcoins as gambling. Buying bitcoins is like a physical assest you are buying as investment. A month before bitcoon value compared with a ounce of gold. We are in that mark. Don't give damn to this current dump. Price will recover for sure.

If you gamble and buy them with current price then your gamble will give you positive results in future as history of bitcoin clearly states that the price has gone higher over a period of time so looking at the past history I think there is nothing wrong in buying them even at the current price.

Yeah if you don't have an option of spending it directly then you can always convert your bitcoins to fiat currency and spend wherever you want and now we also have an option of bitcoin debit card which has made things really easier as it is accepted everywhere like other bank cards so you can use it anywhere to buy almost anything.

I have not been earning a lot lately so I am still still weighing my options if I am going to convert it to fiat or just wait for the price to reach four digits once again. If the bear is going to be with us for a while, I might be inclined to get funds elsewhere and just gamble and buy at these levels, hoping that sometime in the future, the price is going to increase again.

Buying and selling bitcoins has become really very easier now and thanks to localbitcoins which is best and trusted place to do so as since beginning of my bitcoin journey I am using the same place to buy or sell my bitcoins and never faced any problem related to safety of my money.

You are right, If we can't just buy bitcoin with our debit card, we can do exchange online or outline.
Online for example in localbitcoin
Outline, I mean in real life, you can exchange bitcoin against fiat with your friends or people who you trust.
So, Anyways there is not problem to convert bitcoin to fiat.

In the past I considered those people very lucky one who were using bitcoin debit card as there was not any option for me which was easy to withdraw and use my bitcoins offline but now I am working on an exchange which is locally for my country so I am taking benefit from them.If anyone do not have the option for debit card then they search for any local exchange.