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Re. Bitcoin (Value - Current - Future - Investment)

Discussion in 'CryptoCurrency' started by Parker2010, Jul 21, 2017.

  1. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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    Hey Guys:

    I am new to Bitcoin.

    Not sure, what is Bitcoin, its value in current and future scenario?

    Is it a good idea to accept Bitcoin (as a vendor)? Is that like an investment ?

    Your suggestions are highly appreciated.

    Many thanks.
     
  2. Benappy

    Benappy Newbie

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    Bitcoin is a currency just like $.. But a digital currency...you can use it to pay or get paid.. Invest or whatever you want with it.. The value for bitcoin is soaring high, my opinion is to buy and store it.. Or trade it..
     
  3. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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    Thanks for your kind suggestions. What do I need to know in order to buy and store it? Where do I store it? How does that work? Any account like PayPal?
     
  4. MrKhiem

    MrKhiem Jr. VIP Jr. VIP

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  5. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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  6. Benappy

    Benappy Newbie

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    (blockchain (.) info/wallet) is the correct website
    Sorry I am not able to post links here.. But
    you can inbox me for more questions and to help you get started
     
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  7. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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    Thanks mate. What docs/ info do I need to start with?
     
  8. CyberHour

    CyberHour Jr. VIP Jr. VIP

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    We accept bitcoin since day one, and our customers love it.
    The blockchain.info wallet is No.1 which you can trust.

    Both .com and .info are owned by the same company.

    Good luck

    NOTE: We don't recommend buying bitcoin atm since the prices are high , wait when they drop at 1200-1400 in a month
     
  9. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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    Great to know that. Thanks mate. Is there any charge to open an account?
     
  10. MrKhiem

    MrKhiem Jr. VIP Jr. VIP

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    No it's free. You can even earn with your GPU.
     
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  11. Defeatenonce

    Defeatenonce Junior Member

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    Not on bitcoin tho.
     
  12. MrKhiem

    MrKhiem Jr. VIP Jr. VIP

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  13. truelearner

    truelearner Regular Member

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    If You Can Work Hours Then Go For It On Trading Otherwise No
     
  14. ViridWeb

    ViridWeb Jr. VIP Jr. VIP

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    Yes you should have Bitcoin as one of your acceptable currency/gateway..
    We are using too for our business..
    There's lots of wallet and you can choose one of them.
    I recommend you either blockchan or Coinbase as your Bitcoin wallet.
     
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  15. CyberHour

    CyberHour Jr. VIP Jr. VIP

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    Opening Wallet is free, no monthly fees what so ever .
    There is small fee per transaction.

    IMPORTANT: Ensure that your wallet password is strong (over 24 symbols etc etc).

    Here is an nice video tutorial you can watch (unknown language :D .. just watch it is nothing hard )
     
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  16. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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    I am sorry but what is GPU ?
     
  17. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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  18. ViridWeb

    ViridWeb Jr. VIP Jr. VIP

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    GPU = graphics processing unit
    Basically it's a Graphics Card
     
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  19. Raybanana

    Raybanana Junior Member

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    Personally, I'm keeping my Bitcoin on exchange site (like Bitstamp.com). Not very recommended due to hack possibilities, but that way I can diversity my portfolio with splitting investment in to few other coins too, not everything in Bitcoin.
    Another good online wallet is Bitgo
     
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  20. Parker2010

    Parker2010 Jr. VIP Jr. VIP

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    So, the conclusion is - It's always GOOD to accept Bitcoin as a vendor. And, it's safe to create an account with https://www.blockchain.com/

    Really appreciate your valuable suggestions and time :)

    Sincerely,
    Steve
     
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