BitCoin

[janey13]

The world of cryptocurrency is very complex and yet so simple. I'm so excited to see that more and more people are interested in digital coins. To answer your question, BTC is a digital currency that doesn't physically exist in reality, and it's stored in your digital wallet. You can do transactions with it, and in time you can earn money with it because digital coins are constantly fluctuating. I'm sure this will slowly become the main form of payment. I hope you have the bigger picture of what it means. To be honest, at first, I couldn't perceive the concept of it. The same I could not understand forex trading. But, after months of research and studying, I found a forex broker and started making money. I hope you do the same!

[tantricia44]

I would like to learn too.

[UGetPaid]

I would like to learn too.

There are a lot of resources out there and several members of the FC forum (myself included) who are able and willing to assist with that. Just google or ask! But because some of the 'teaching' typically includes referral links, it would have to be done off site.

[beatsdrop]

Never quite got the point of this.

[sipingyu]

I recently heard of a bank that might give incentive of doing everyday tasks (like opening a bank account, going paperless with your statement etc) with bitcoin. I thought that would be a more risk free way for me to get a toe in for bitcoin for me.

[UGetPaid]

Do you recall what bank that was?

[oldbuddy]

Do you recall what bank that was?

I can tell you that US Bank rebates my monthly fees every month because I am a senior, so my account ends up being free.

[sfreeman8]

Evidently, people in my area are using BitCoin because when I was at my favorite grocery store on Monday, after I checked out, I noticed a BitCoin machine against the wall next to the lottery machine. I couldn't stop to see what it was all about but I will the next time I go to that store.

I don't know much about it myself and really haven't wanted to bother but as others on here said, this is the future. People don't want to touch money anymore for a variety of reasons. Me, I like to count it because I know exactly what I have on hand.

[UGetPaid]

Evidently, people in my area are using BitCoin because when I was at my favorite grocery store on Monday, after I checked out, I noticed a BitCoin machine against the wall next to the lottery machine. I couldn't stop to see what it was all about but I will the next time I go to that store.

Most likely it was a bitcoin ATM. Some people use those to buy BTC with cash on hand - although from what I have heard, they usually charge pretty significant fees for the "convenience". I stick to online exchanges to buy my BTC. They still ding you with fees, but I don't believe they are nearly as high. Also - I am always leery about ATMs in grocery and convenience stores. You never know who is hiding around the corner watching you with a wad of cash in your hand!

[PGS28]

My friend is telling me about BitCoin as I read this, what a coincedence.  Seems pretty lucrative and interesting.

[PGS28]

I've felt this way since hearing about it, but it seems like people have really gained from doing it.

Don't know don't trust it.

[breanntisien]

Stocks are better than trading crypto.

[UGetPaid]

Stocks are better than trading crypto.

My stock portfolio and my crypto portfolio would beg to differ with you, but I suppose it depends on what your objectives are.

[teresa3200]

I invest into bitcoin each month. Right now the market is low. My money is only about doubled. But it will go back up. I had up to 5x my investment. I really believe it is the way of the future.

[stevensm4]

I would say investing in Bitcoin right now is the best time (although the price can go lower) as it will go up. I mean it has been down before if you check its 10 year history.