Where do you spend your Bitcoins?
By Kattleya
@Kattleya (147)
Philippines
August 25, 2017 3:36pm CST
Bitcoin is a digital currency that is held electronically. It is decentralized, hence no one controls it. It's a pretty good investment nowadays, since the price still keeps on rising. When I initially learned about it, it was still about $400 USD. Now, it's over $4000. Amazing, right?
Do you have Bitcoins? Where do you spend it?
7 people like this
8 responses
@JeeyanDee (2692)
•
26 Aug 17
I bought it when it was just about $2200 i think and I must say my money has grown well now. I just bought some bitcoins but I don't spend them because their value seems to keep on increasing.
3 people like this
@JeeyanDee (2692)
•
26 Aug 17
@Kattleya I also tried trading but I just can't handle the stress of doing it so I decided to stop and do mining instead.
1 person likes this
@Kattleya (147)
• Philippines
26 Aug 17
@JeeyanDee Nice! It's all about what works for you. I prefer trading. I love the excitement that comes along with it.
1 person likes this
@Kattleya (147)
• Philippines
26 Aug 17
Yep! Good move @JeeyanDee! I'm trying to save some too. Do you just purchase it? or do you also trade or gamble to possibly increase your amount of BTC?
1 person likes this
@averygirl72 (37845)
• Philippines
29 Aug 17
It sounds complicated to me. Can I easily turn it into cash? How can you easily have bitcoins? I already have a bitcoin wallet a member here instructed me but I'm still confuse about it
2 people like this
@averygirl72 (37845)
• Philippines
29 Aug 17
@Kattleya Have you use your bitcoins already? Do you save enough bitcoins now?
2 people like this
@AkoPinay (11542)
• Philippines
29 Aug 17
@averygirl72 We only need to sign up at www .coins.ph there is a referral program but you know I can't post it here (LOL) it is only similar to PayPal. We can cash IN thru 7-11 and cash OUT to local bank accounts, GCash, Cebuana, etc etc.
@Kattleya (147)
• Philippines
29 Aug 17
That's exactly what I felt starting out. You can easily turn it to cash in coins.ph. I would suggest you read more about it and watch videos in youtube. I think it's better to know more about it before using it anywhere. There are a lot of scam that preys on newbies.
1 person likes this
@TheInvisibleMan (17597)
•
25 Aug 17
@Kattleya That's great.
What is the digital wallet that you use?
2 people like this
@Kattleya (147)
• Philippines
25 Aug 17
@TheInvisibleMan I use Xapo, Jaxx, and Coins.ph.
2 people like this
@TheInvisibleMan (17597)
•
25 Aug 17
@Kattleya Three? I thought only one was enough...
1 person likes this
@peachpurple (13961)
• Malaysia
28 Aug 17
congrats! I have bitcoins in my wallet but I have not used them yet. I wanted to transfer them to my paypal. Is it possible?
2 people like this
@TiarasOceanView (70022)
• United States
26 Aug 17
I do not but I wish I would have got some a few years back..I still dont understand it, but I know some people say wow they are worth lot now.
2 people like this
@AkoPinay (11542)
• Philippines
26 Aug 17
Just think of Bitcoin like US$ and Coinbase.com like PayPal.
Forget other things first (trading/investing) so you wont get a headache. You can learn about investing later but it is only an option for Bitcoin users like Forex and trading Gold/Silver/Gas/Oil. You may earn or lose when prices rise/drop.
Don't mix those two things.
2 people like this