What is the use/value of BTC apart from buying and hoping to sell it at a higher price?

I have repeatedly asked whether BTC is a currency or investment

Asanta! Let me gamble a tiny amount on it over the next year tuone

I see you are joining the party after the fat lady has sang. You will sing your own tune in F- Major.

Buybitcoinworldwide gives you options. You pick what you're comfortable with.

Localbitcoins and Paxful are for peer-to-peer transactions. Convenient trades like buying tomatoes from a vendor in a market. You can use MPESA or bank transfer depending on what you find easier.

Trades within Localbitcoins don't have a fee, unless you're the one posting the ad.

Cost of transfer to your personal wallet is based on network congestion of the Bitcoin blockchain - which is in actual BTC. eg. 0.0008BTC outgoing fee.

Alternatives:
- Coinmama (Debit/Credit card purchases, sent straight to your personal wallet; but with a 5% fee)
- Etoro (Top-ups via PayPal or Debit/Credit cards, but have high spreads)

Whichever choice taken, transferring to your personal wallet will incur a fee based on the state of the Bitcoin mempool (this is paid to the miners)

You can reduce fees by buying in bulk, or accumulating over time within the exchange before transferring to your personal wallet.

Scenario 1:
Make 10 purchases worth Sh 400.
Transfer to green wallet each time at a Sh 120 cost.
Total purchase: Sh 40000
Total cost: Sh 12000

Scenario 2
Make 10 purchases worth Sh 400.
Wait till the final purchase, then make one transfer at Sh120
Total purchase: Sh 40000
Total cost: Sh 120


That's how you hear $1 billion worth of Bitcoin has been transferred for just $20

Kumbe bitcoin is super bure. Commissions at every corner. Anywhoo let me use scenario 2 and accumulate pole pole to see where this bitcoin junk will take us

RIPPLE
XRPUSD
There are two alternate Elliott Wave scenarios on this. Luckily both should lead to Ripple shooting upward beyond 0.80

SCENARIO I
Ripple is completing the final wave C of (2) whereby wave C will turn out to be an Elliott ending diagonal. In this case Ripple should break slightly below 0.2, probably even reach 0.1 to form a long term bottom (lasting years). Once the bottom is in place Ripple should turn strongly upward reaching beyond 0.8 (the extreme of wave B) in the initial impulsive subwaves.

SCENARIO II
Ripple is in the last subwave of a combination pattern WXY whereby at the point labelled A is wave W, the point labelled B is wave X and wave Y which could be a triangle is in progress. In this Scenario Ripple will stay above 0.16 as the triangle progresses.


Wave (2) combination Scenario in Ripple.
If Scenario II turns out right then Ripple should thrust strongly out of the triangle upward in the initial subwaves of an impulsive rise.
Both Scenarios call for ACCUMULATION of Ripple coins NOW.

Heading to 5,000,000 Kshs anytime soon

PRICE OF BITCOIN WHEN THIS THREAD STARTED ....$196

Dubai: Pay trade licence, visa fees in Bitcoin, cryptocurrencies

Government-backed free zone Kiklabb now accepts cryptocurrencies.

Kiklabb, the Dubai Government-owned licensing solutions, now accepts cryptocurrencies as a payment option for trade licences and visa fees.

This makes it even more accessible for entrepreneurs around the world to set up and scale up in the UAE.

Source Link: https://www.khaleejtimes...bitcoin-cryptocurrencies