How many of you trade in Bitcoins ?

@addy007 (722)
April 2, 2017 7:56am CST
I know that most of you have heard about the Bitcoin , but i dont trust it as it was not recognised as per international standards . Have you ever tried ?
4 people like this
6 responses
@diosabella (4789)
6 Apr 17
Yeah. Just received my first 0.005 btc from a mining site today.
2 people like this
@addy007 (722)
6 Apr 17
That is way too low
1 person likes this
6 Apr 17
@addy007 Really? Its about $5 dollars without doing anything.
6 Apr 17
@addy007 Oooppss sorry. The exchange right now is about $5.86 for 0.005 btc
1 person likes this
@AkoPinay (11544)
• Philippines
2 Apr 17
Well, not all countries support Bitcoin but I am glad my country supports it because it is a lot CHEAPER and FASTER to send/receive money worldwide compare to PayPal, Wire Transfers, etc.
2 people like this
@AkoPinay (11544)
• Philippines
2 Apr 17
@addy007 YESSSSSSS but as I've said not all countries support Bitcoin so you can't exchange it if you are in that country. In the USA, there is www .Coinbase.com In the Philippines, we have www .coins.ph In the UK, they have www . WirexApp.com
Presently, the number of supported countries for Wirex card issuance and delivery is limited. If you cannot find your country in the supported country list below, it means we are unable to issue an...
@addy007 (722)
2 Apr 17
@AkoPinay wow that is cool , i will check it out now
1 person likes this
@addy007 (722)
2 Apr 17
wow , can you exchange bitcoins for actual money ?
2 people like this
@ronc510 (479)
• Philippines
6 May 17
what you don't trust Bitcoin? it is actually the most trusted currency in the world since the value of most currency are dubious, US$ are based on what? thin air.. and remember Trump accusing other countries of devaluing their currencies. Bitcoin is electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees that is why Bitcoin is now $1,500
1 person likes this
@louievill (28851)
• Philippines
2 Apr 17
On the contrary, countries and central banks are beginning to recognize BTC, I do not trade, I only trade other cryptos for more bitcoins, I do " hodling" to see what will happen.
Last week, the Japanese Financial Services Agency (FSA) officially announced that the exact date for this bill to become law is April 1.
2 people like this
@addy007 (722)
2 Apr 17
Wow that is cool , how did you manage to get hold of it ?
1 person likes this
@louievill (28851)
• Philippines
2 Apr 17
@addy007 you will have to start small first, learn to create your wallets, get small amounts of free satoshis through faucets, research and familiarize yourself with other crypto currencies like bitcoins and just keep holding to them if you do not need the money or have extra. In my case, to add to what I get from faucets, I bought dogecoins using my paypal in a site called weselldoge then I exchange it on a site called shiftshape to bitcoins and other currency I think would go up like eth, dash, lite etc... By God's grace I got lucky and the price went up Now I just hold to them without selling or doing anything, just adding if you have extra then that becomes like your investment.
2 people like this
@addy007 (722)
2 Apr 17
@louievill that is great , does bit coin fluctuate like normal currency ?
1 person likes this
@carexing25 (1818)
• Philippines
2 Apr 17
Yup bitcoin is easier and more convenient to use. its been recognized in my country .. but I guess only a few people here know about it. .
2 people like this
• Philippines
2 Apr 17
@addy007 its a convenient mode of payment especially with online transactions. . here we can purchase or sell prepaid loads with bitcoins . . or exchange it with cash based on the given rate..or shop online of course with sites that recognize bitcoins as mode of payment
1 person likes this
@addy007 (722)
2 Apr 17
Do you think its is more convenient in bitcoins rather than the normal currency ?
2 people like this
@pammooratan (4668)
• India
2 Apr 17
I have heard some black money generators use use bit coin to hide their money.
1 person likes this
@AkoPinay (11544)
• Philippines
26 Aug 17
That's an old story