Topic: What is there to do with bitcoins these days ? (Read 9198 times)
As of today Bitcoins have been recognized world over and you can easily book a hotel using your btc, you can get mobile topup almost instant, get gift cards on purse and send them to friends and family or personal usage and bitcoins can make you some money by buying and selling the digital currency
Ok, let me come in to the house and participate in this discussion.
Well, i have been away from this forum for sometime now. I only log-in to check if, there are any msg that need's my response.
Back to the topic on what one can do with bitcoins this day seeing that the exchange rate has been stagnant for sometime now, which is bad news for those who actually depend or watch for increase in bitcoins to make money.
Well, from my own point of view there are many ways to make money on btc niche. Just go through the forum >the marketplace to check out what is hot with high demand.
You can just start by creating account on this forum and reselling such account when they have more activities & reputation.
There are lot of people who are willing to buy such account.
Secondly, i'll suggest visiting the service section of this forum daily > to see if, there are consistent request for a specific service which has not been filled.
There are many things one can do to make money here but, you should not limit yourself to bitcoin niche.
Thanks
Btcseo
Well, i have been away from this forum for sometime now. I only log-in to check if, there are any msg that need's my response.
Back to the topic on what one can do with bitcoins this day seeing that the exchange rate has been stagnant for sometime now, which is bad news for those who actually depend or watch for increase in bitcoins to make money.
Well, from my own point of view there are many ways to make money on btc niche. Just go through the forum >the marketplace to check out what is hot with high demand.
You can just start by creating account on this forum and reselling such account when they have more activities & reputation.
There are lot of people who are willing to buy such account.
Secondly, i'll suggest visiting the service section of this forum daily > to see if, there are consistent request for a specific service which has not been filled.
There are many things one can do to make money here but, you should not limit yourself to bitcoin niche.
Thanks
Btcseo
Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
I think holding bitcoin is a very good idea to gain profit easily. I am holding bitcoin for a couple of months and got good profit.You also can hold bitcoin.Since, bitcoin is using by people all over the world, so many online shop accepting bitcoin as a payment method. You can do shopping with bitcoin.Also do gambling for fun.
Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
Wow you can talk a load of crap. Nothing to do with btc ? Do you live with your eyes and mind shut ? Umm trading makes much money maybe you should actually look at the exchange instead of talking crap. There so many investments to take out. Who says you habe to invest in the crap ponzi schemes you see her ? Noone is forcing you not to ise your brain. You can easily use your bitcoin to invest in your own business or someone else's and Eben a local fave to face businey. Bitcoin had value and is just another form of pay and nothing more. So obviously you can use btc to fund anything you want.
Also there many many places to spend bitcoins. Locally there many sites I can order things online and pay in bitcoin. You can also get a bitcoin debit card.
Bitcoin is definitely not a dead party.
Well today as you can see a vast majority of people is trying to acumulate as much as btc as they can since the price is predicted to jump unleast for 200% in the next year or two so investing in btc, while the price is still low, consodering that it will jump in the next years while the minority or a decent % of btc users exchange them for fiat.
Also some people use btc for gambling, of course, but I wouldn't recommend that if youre not a pro or have enough to cover the loss that can be rather great, but in gambling you usualy end up with losing everything or a great portion of btc, so I wouldn't recommend gambling to anyone.
Also if you're asking where to spend btc, you can invest into gambling website prizepool or start trading, also you have a lot of websites that accept bitcoin as a payment option, now it's up to you on what you need or the final solution would be the deep web.
Also some people use btc for gambling, of course, but I wouldn't recommend that if youre not a pro or have enough to cover the loss that can be rather great, but in gambling you usualy end up with losing everything or a great portion of btc, so I wouldn't recommend gambling to anyone.
Also if you're asking where to spend btc, you can invest into gambling website prizepool or start trading, also you have a lot of websites that accept bitcoin as a payment option, now it's up to you on what you need or the final solution would be the deep web.
Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
I usually do gambling. I do play it just to make a quota for porfit. I just play it for fun. And luckily, am always winning the game. Yet, itll test your patience and greediness. The shorter you control yourself, to more chance of losing.
What I do with bitcoins are using it in trading an altcoin,
playing in gambling site, and exchange it in fiat to spend
some money. There are a lot of things to do in bitcoin
nowadays because bitcoin is becoming popular.
playing in gambling site, and exchange it in fiat to spend
some money. There are a lot of things to do in bitcoin
nowadays because bitcoin is becoming popular.
If from my point of view over here, there are lots of things to with Bitcoin even the richest set of people in my immediate community wont tell me they are tired of making more money not to talk of me who has not even made any and since Bitcoin is money and conversion is available to be made into FIAT, then I say there are several things to do with it.
The ban on 500 and 1000 INR notes did not seem to have any effect on the bitcoin market in India till now, it has been 20 days already. Seems like transaction processors and web wallets like PayTM and Freecharge are more accepted here.
I dont know but India still needs a lot to learn before people here can accept bitcoin.
I dont know but India still needs a lot to learn before people here can accept bitcoin.
Not have any effect? People in India pay a significant premium over the normal market rate just because they are looking for a hedge. Of course, if you compare their volumes and level of importance to western exchanges, it's nothing more than peanuts, but it's a start. It has made people aware of how their government is working against them. If the government there keeps pushing people further, then it's just a matter of time before in potential millions of people will look to do the same as the low number of people have done already. Another reason for the little importance of the Indian market is that it's very difficult to buy themselves into Bitcoin. As soon as this is not an issue anymore, then look at what will happen with the price.
I think holding Bitcoins nowadays could being profitable, instead of using or spending it. The price is increasing already since a while and if this continues as expected, holders can making good profit
i agree with you sir, its better to save the bitcoin from now on and see the price is going to increase in next month. i'd rather to save my bitcoin rather than spend it and maybe for small amount to spending and the rest is to keep in my wallet.
So due to this fact price is going to down so it would be better to sell because the price will go continuos down for two to three month .
The ban on 500 and 1000 INR notes did not seem to have any effect on the bitcoin market in India till now, it has been 20 days already. Seems like transaction processors and web wallets like PayTM and Freecharge are more accepted here.
I dont know but India still needs a lot to learn before people here can accept bitcoin.
I think holding Bitcoins nowadays could being profitable, instead of using or spending it. The price is increasing already since a while and if this continues as expected, holders can making good profit
i agree with you sir, its better to save the bitcoin from now on and see the price is going to increase in next month. i'd rather to save my bitcoin rather than spend it and maybe for small amount to spending and the rest is to keep in my wallet.
So due to this fact price is going to down so it would be better to sell because the price will go continuos down for two to three month .
I think holding Bitcoins nowadays could being profitable, instead of using or spending it. The price is increasing already since a while and if this continues as expected, holders can making good profit
i agree with you sir, its better to save the bitcoin from now on and see the price is going to increase in next month. i'd rather to save my bitcoin rather than spend it and maybe for small amount to spending and the rest is to keep in my wallet.
use in gambling, trade, minning, buy somethink etc. I have much profit in trade, can say trade is the field of money for me.
minning is long done but minning give you profit and little risk
minning is long done but minning give you profit and little risk
These days bitcoin can be used in various sectors, as acceptance is gradually increasing. Importantly variation in price is happening often, so users with good fiat can make good profit by buying and selling within few days.
That's the best way right now, to trade it, using fiat and earning bitcoin. Other than that, it is nice to use it to hire people to work for you and pay them with bitcoin and you earn dollar from their work like those faucets. Mining profitability I think won't last long, and the maintenance/electricity now is too high, lucky if you are living in places where electricity cost is lower.
2 ~ The far majority of the merchants accepting Bitcoin are using a service such as BitPay where you require to have at least 1 confirmation when it comes to higher value transactions.
You could use a Bitcoin payment card, and then you wouldn't have to wait for any confirmations altogether
This wouldn't really make sense for me as I would then need to go through the hassle of signing up to a Bitcoin related debit card. And to do what? The same as my bank card allows me to do? No thanks. As said before, for international use, Bitcoin is a great functioning currency, for local use not.
It looks like you are claiming that Bitcoin use in everyday life sucks just because you should go through the hassle of issuing a Bitcoin payment card on your behalf as though the procedure of issuing a bank debit card is somehow fundamentally different. I guess it is similar to saying that bank deposits suck overall not because the interest you get on the money placed in the bank doesn't exceed inflation in most cases but simply because you have to go to the bank, sign up some papers to open an account there and then transfer some funds to it...
Are you kidding or what?
At least for him it is a hassle because he have to go through the process in which he have already done in his bank card. and for him, there is no added value if he switch to bitcoin. Which is true. Why would you switch into something if you already have something in place that is working for you. I think it will be different to others, who while spending their bitcoin also earns from them thru trading or other bitcoin source of income.
These days bitcoin can be used in various sectors, as acceptance is gradually increasing. Importantly variation in price is happening often, so users with good fiat can make good profit by buying and selling within few days.
So you are right of course, we use it as valyuty, but bitcoin helps to invest in themselves and thus develop.
There are million of things to do with Bitcoin, its like asking what are the things to do with money. Bitcoin is money which can be converted to any FIAT ( at least from here) then convert it and do whatever you wish to do with money with it. Buy house, get a car, go for that vacation. You can even store it although that could be risky but its possible.
Who says storing it is risky? It is not risky unless you don't know how to secure your money, it all depends on you if how much you can protect your things, if you are good at it then they are secure, so it is also good to be stored.
Yes, i agree.. storing bitcoins is more safe than investing it. All digital wallet have the security to protect our bitcoins so dont worry about it.
Besides using it as a currency it seems like its impossible to make money off of bitcoins unless you already have some serious cash , mining bitcoins is long done nd over with nd its seems like trading/exchange doesnt give you much of a profit , so im just wonding as someone just now arriving to this dead party whats there to do with bitcoin ?
i disagree with doesn't give much a profit , you just not yet give a profit because may be you still new in bitcoin ..trading is one of way to get a profit , you can signature campaign too
2 ~ The far majority of the merchants accepting Bitcoin are using a service such as BitPay where you require to have at least 1 confirmation when it comes to higher value transactions.
You could use a Bitcoin payment card, and then you wouldn't have to wait for any confirmations altogether
This wouldn't really make sense for me as I would then need to go through the hassle of signing up to a Bitcoin related debit card. And to do what? The same as my bank card allows me to do? No thanks. As said before, for international use, Bitcoin is a great functioning currency, for local use not.
It looks like you are claiming that Bitcoin use in everyday life sucks just because you should go through the hassle of issuing a Bitcoin payment card on your behalf as though the procedure of issuing a bank debit card is somehow fundamentally different. I guess it is similar to saying that bank deposits suck overall not because the interest you get on the money placed in the bank doesn't exceed inflation in most cases but simply because you have to go to the bank, sign up some papers to open an account there and then transfer some funds to it...
Are you kidding or what?
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