What do you wish you could do the most with your Bitcoin? - page 2.

pawanjain

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Nothing lasts forever

Quote from: allenwarfield on April 20, 2020, 02:50:40 PM

The number one question I receive by friends after “What is Bitcoin?” is "What can I do with it?"

A few teams are working on a protocol that would add many innovative capabilities for Bitcoin users. It’s a decentralized sidechain called Echo, that aims to develop a suite of financial mechanisms and instruments.

We want to facilitate the development of applications that would make your lives as Bitcoiners more convenient. We will be hosting a hackathon soon with a few other teams in the industry to reward programmers and entrepreneurs with making the services that society actually demands. What application or service would be a value addition for you right now?

If you want to read more about us
Site: https://www.Echo.org
Docs: https://www.docs.echo.org

Good to know that there are people who are trying to contribute to the community and are trying to improve the usage of bitcoin.
Also, the Hackathon idea is really great as more people will be able to join the community and bring in more ideas to improve the usability of bitcoin.

The only thing that I feel should be improved in the bitcoin network is it's adoption.
Though there are stores and places that accept bitcoin but it's still too less in my perspective.
Bitcoin's adoption should be increased only then it will be used for what is meant to be.
I know good things take time and bitcoin will also take it's own time to be widely adopted.

chichidori

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To be accepted in almost any online shop and local merchant alike but that would make bitcoin price stable and the occasional surge or spike will not be as big as today, but I hope almost everyone on the planet will know about bitcoin.

gaston castano

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Activity: 1526

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Quote from: tabas on July 02, 2020, 10:25:10 PM

I'd like to buy other types of investments with my bitcoins just as real estate, jewelries and other common investments that we have except altcoins as I have them already.
Precious metals and things where you can diversify your investments for real.

yes I think so too by spreading our assets, our opportunity to get greater profits and avoid losses if one of our investment types has decreased.
because not all types will go down together unless there are global problems like the pandemic that has occurred in recent months.

traderethereum

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Vave.com - Crypto Casino

I want to use most of my bitcoin as the investment in the long term, and I don't want to use it to buy the product.
I prefer to use fiat money if I want to buy something because bitcoin is an investment and I don't want to spend more bitcoin.
If I have to sell my bitcoin, that is because I need money to buy my daily needs, and I will withdraw some bitcoin to cover my daily needs.
But I hope that the price can increase in the short term so that I can sell it at a high price.

studio1one

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BintexFutures

Right now where I live it almost impossible to buy anything directly using crypto payments so I wish in future I could spend my crypto directly without converting it to fiat first.

Iyanu14

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Quote from: allenwarfield on April 20, 2020, 02:50:40 PM

The number one question I receive by friends after “What is Bitcoin?” is "What can I do with it?"

A few teams are working on a protocol that would add many innovative capabilities for Bitcoin users. It’s a decentralized sidechain called Echo, that aims to develop a suite of financial mechanisms and instruments.

We want to facilitate the development of applications that would make your lives as Bitcoiners more convenient. We will be hosting a hackathon soon with a few other teams in the industry to reward programmers and entrepreneurs with making the services that society actually demands. What application or service would be a value addition for you right now?

If you want to read more about us
Site: https://www.Echo.org
Docs: https://www.docs.echo.org

One of the things I wish I could do is to take part of the Bitcoin, exchange it for fiat currency, then use it for investment. After that I wish to create a foundation saddled with the responsibility of helping others. If they ask me, what is the secret of my success, then I will tell them, it has been through cryptocurrency. Through this, I think in my own little capacity I can increase the awareness of crypto among people.

Lantind

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Quote from: miklesm on July 03, 2020, 02:05:00 AM

I think everyone holding Bitcoin are waiting the times BTC will be accepted in ordinary shops and online stores as a payment method.

It seems like ordinary shops will find it difficult to accept BTC as a means of payment, because until now there are still many ordinary shop owners who don't know what BTC is, if for online shops there may already be many who know it, because BTC has been present for almost more than 10 years.

Sled

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Activity: 1680

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Bitcoin- in bullish time

Holding Bitcoin for a lifetime isn't really a good idea. The volatility makes it difficult to say that year after we can see our investment grow. This is a reason why I didn't hold everything with it, besides I have to invest outside crypto than to completely holding BTC alone.
What I wish for my Bitcoin is that the price won't just drop badly and it can be useful in the future.

dnprock

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Activity: 324

Merit: 17

Bitflate developer

I view Bitcoin as a Store of Value. The payment scenario will not be popular. I don't want to do anything with it except buy and hold. I made a video explaining this:

https://www.youtube.com/watch?v=wCYpSY0qNsw

I'm mostly interested in how to store Bitcoin securely. I think Bitcoin money-making business will remain trading, aka, the casino business. The Bitcoin ecosystem will evolve to have more sophisticated vendors.

miklesm

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I think everyone holding Bitcoin are waiting the times BTC will be accepted in ordinary shops and online stores as a payment method.

pilosopotasyo

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You have a great idea, i hope the hackathon will bring positive results, Bitcoin for me is almost complete I guess the volatility and the speed of transaction is something that will be address in the future when adoption has overtaken the whole financial and merchants community.

fuer44

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Activity: 1652

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Quote from: anthonytcm on April 20, 2020, 04:43:02 PM

Quote from: allenwarfield on April 20, 2020, 02:50:40 PM

The number one question I receive by friends after “What is Bitcoin?” is "What can I do with it?"

A few teams are working on a protocol that would add many innovative capabilities for Bitcoin users. It’s a decentralized sidechain called Echo, that aims to develop a suite of financial mechanisms and instruments.

We want to facilitate the development of applications that would make your lives as Bitcoiners more convenient. We will be hosting a hackathon soon with a few other teams in the industry to reward programmers and entrepreneurs with making the services that society actually demands. What application or service would be a value addition for you right now?

If you want to read more about us
Site: https://www.Echo.org
Docs: https://www.docs.echo.org

The thing that I most like about crypto is being able to feed my family in my home country. They don't need to understand how it works, I just deposit to my father's bank account and he's happy about the quickness of it. Emergencies and such I always help and I know they appreciate my efforts, I don't know how I'd be able to support people in Venezuela otherwise (currently Western union and similar "worldwide services" don't work with Venezuelan bolivars) so I'm thankful to bitcoin for existing.

for people who are still first entering the world of crypto, indeed do not want to know how the coin works and the technology that is in it. You are right, that the most important thing is to deposit, invest, then make a profit. it will be more important because that is the main purpose of crypto in this online investment world. but along with the development of technology, such development is very important for the progress of crypto, because it must always follow the development of technology and also trends so that crypto is not quickly left behind.

tabas

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Top Crypto Casino

I'd like to buy other types of investments with my bitcoins just as real estate, jewelries and other common investments that we have except altcoins as I have them already.
Precious metals and things where you can diversify your investments for real.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

I wish I could keep pilling Bitcoin and never get to spend it until five or more years later. Yeah, I know it's a pipe dream given the nature of man's wants and the paucity of funds. Besides, I also look forward to mass adoption and in the true sense Bitcoin becomes the internet "fiat", and not the money making asset people have turned it into.

Perhaps, that more people in Africa will get to know about Bitcoin and its modus operandi. These are my wishes.

pixie85

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Quote from: gentlemand on July 01, 2020, 11:04:13 AM

Buying property directly with it.

That's the biggest purchase most people will ever make and the idea of having to dick with exchanges and banks adds a whole lot of time and nerves. Perhaps it will be commonly accepted in a few years but right now most sellers will still think you're a mad assassin.

For me it's paying on the go. Being able to buy meal at a restaurant, fuel for the car, paying bills and property tax.

It would also be good if I could buy goods that aren't luxury. Most retailers willing to accept Bitcoin are places like car dealerships. I don't want to buy a car there. A new car is one of the worst ways you can spend your money but for now there's not much choice that's why I hold and hope for the best.

Phoenix_PROG

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The best crypto wish I hope for and will always hope for is more merchants thought out the world accepting crypto as cash or as means of payment, that's the definition of real mass adoption to me, crypto must work as money

AakZaki

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Quote from: kryptqnick on July 01, 2020, 11:31:30 AM

I wish I could use Bitcoin without having to exchange it for local fiat now and then. Paying the rent and for food are my key expenses, so that would be nice. It would also be great if I could provide information about my wallet balance when I need to prove I am financially capable of, say, going abroad, but that is highly unrealistic. I would want Bitcoin to truly be money rather than an asset, but that's not how the majority sees it and not something easy to achieve. The adoption among retailers is low, not to mention ridiculous fees and volatility from time to time. But these things cannot be solved by an app.

The extremely high and risky amount of bitcoin makes adoption of bitcoin difficult. There's a lot to think about. Bitcoin is currently only an asset and not as an alternative currency authorized by the state. Many regulations must be set for the use of bitcoin. But now there have been many adoptions of bitcoin to just buy coffee, fast food and more.
Bitcoin journey is still long, in the future maybe bitcoin will become increasingly popular and get a suitable regulation as an alternative payment.

acdc

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Activity: 939

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Quote from: dersu1995 on July 01, 2020, 08:42:02 AM

I wish I could buy more of it so that I can invest more and wait for the beautiful future of bitcoin Wink

Ideally, you should only invest in the cryptocurrency market the amount you are willing to lose. Everything is possible in the cryptocurrency market and most likely one day you will lose your money, make sure you will not be in debt for that.
Good luck

MCDev

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Activity: 680

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Quote from: bobitza on July 01, 2020, 09:44:32 AM

Quote from: dersu1995 on July 01, 2020, 08:42:02 AM

I wish I could buy more of it so that I can invest more and wait for the beautiful future of bitcoin Wink

Try to make money so you can buy more bitcoins. Bitcoin will have a good future, please wait and hope. I also have the same desire as you to make money from bitcoin. However, my financial resources were limited so I had to work hard in daily bonus campaigns to make money. But it is also very difficult, the campaign has a lot of requests.

As long as you work hard, surely something good will come. I like Bitcoin very much but having to pay bills makes me not have too much money to invest in bitcoin at the moment.
In such a situation I also try to participate in bonus campaigns to be able to earn an investment in bitcoin and cryptocurrencies, hoping that bitcoin will grow in the future.

Twentyonepaylots

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Quote from: gentlemand on July 01, 2020, 11:04:13 AM

Buying property directly with it.

Well that's a good deal with bitcoin if it were able to buy a property.

Quote from: gentlemand on July 01, 2020, 11:04:13 AM

That's the biggest purchase most people will ever make and the idea of having to dick with exchanges and banks adds a whole lot of time and nerves. Perhaps it will be commonly accepted in a few years but right now most sellers will still think you're a mad assassin.

What if most of people already know bitcoin and they are willing to accept it as mode of payment instead of fiat or check, would you buy a property given that the price of bitcoin is at $9000?
Ahhh if the time is now I might just buy it with cash, there's no way I'll spend my bitcoin with property though land value is increasing through years still bitcoin has the biggest shot in making it double.

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