Where do you spend your Bitcoins?

@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.

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?

@JeeyanDee Nice! It's all about what works for you. I prefer trading. I love the excitement that comes along with it.

@artauxeo I trade my Bitcoin with Ethereum. Ethereum has very good potential. I haven't tried Etoro. I'll check it out. :)

@Kattleya Have you use your bitcoins already? Do you save enough bitcoins now?

@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.

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.

@Kattleya I transfer both my Dollars (PayPal) and Bitcoin (Coins.ph) earnings to one bank a count auto convert to PESO and use it for whatever I need... Groceries, etc.

@AkoPinay Niccccceeeeeeee!

@AkoPinay Nice! What do you buy?

@Kattleya That's great. What is the digital wallet that you use?

@TheInvisibleMan I use Xapo, Jaxx, and Coins.ph.

@Kattleya Three? I thought only one was enough...

It is NOT. But we can use it with PayPal if we load the Bitcoin to Visa or MasterCard and link the cards to PayPal.

I honestly haven't tried converting it in Paypal. I don't think Paypal exchanges it either. You would have to exchange it for fiat for you to be able to put it in Paypal.

@AkoPinay Yep, we can.

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.

I agree with @AkoPinay! It farely good advise. I didn't care about it to when I initially got introduced to it. I got to learn about it over time when I continued using it.

@Kattleya Incorrect. Someone wrote the code that controls Bitcoins and how many coins are released each year. There are a limited number of coins. They are not infinite. Someone somewhere IS controlling them.

@JolietJake I agree although I cannot explain it technically.

No one is releasing Bitcoin each year. It's an entire system that has rules in codes. Bitcoins are mined everywhere as we speak. To mine them, you also need mining software. It's a decentralized peer to peer currency. It's a whole Bitcoin community the controls it together. :)

Some countries do not support CryptoCurrency.

@Kattleya ohh I will try to use it!!

Try to look them up @mohit459. They are quite interesting.