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Topic: Apart from earning BTC, What is BTC upto? (Read 1084 times)

member
Activity: 111
Merit: 10
“Everyone Is A Bank”
June 18, 2016, 11:31:36 AM
#25
It is money so you can really do a lot of things with these you  can buy sell item etc.. theres so many
full member
Activity: 120
Merit: 100
Btc is money and theres so much you can do with money .. its your decission on what you wanna do with btc or money
full member
Activity: 238
Merit: 100
Shopping online or paying the bills that I have .. Btc can really contribute on a real world.
It helps me even save some money for my son's education. I started even explaining something about BTC to my son. See, the value of BTC has even reached the generation who just started. Really a unique thing right?
member
Activity: 106
Merit: 10
"Highest ROI crypto infrastructure"
Shopping online or paying the bills that I have .. Btc can really contribute on a real world.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
Paying bills and having them into real lives .. I think money has  many benefits on our lives.
hero member
Activity: 1458
Merit: 509
It is created to make the world a better place in relation with money.You can buy everything with it and still you dont need a wallet in your pocket to keep the money.One advantage is that robbers have nothing what to steal  Tongue Tongue
full member
Activity: 164
Merit: 100
Gone for a minute now back again
BTC is an everyday currency to me, it's pretty cool that orgs like CoinBase offer chip cards that will allow you to pay at every day machines but in Bitcoin, I wonder when this will be available in more countries Smiley
full member
Activity: 238
Merit: 100
Its unique. It is designed to reduce your work i would say. It is not needed to visit bank or any other institutions for BTC. Earn the money, keep in your wallet. Exchange to your currency when you feel the price has gone up. Now you would understand why the BTC was brought to screen.
hero member
Activity: 574
Merit: 500
Hi Experts,

I really love BTC and its benefits. I would like to know, why and for what the BTC was brought to the screen. What is it really up to? and the goal of creating this?

Well, it's really all about decentralization and anonymity. People like to have a trustless payment processor that is irreversible by nature. Also people don't want to be under government control all the time.

Guess that's why bitcoin is so popular now Cheesy
copper member
Activity: 1442
Merit: 529
Bitcoin was created by the Illuminatis in order to control the world.

Funny, cause I know banks are created from Illuminatis to have access to all people funds and use lending so can use people like their slaves.
Bitcoin is so unique ,it can sit in my own PC without Illuminatis knowing anything and is fully decentralized so no one can control it, illuminatis or masons no one have control over my coins. Thats how bitcoin I think was created in the first place , to give us freedom of using money without a central supervising authority.
full member
Activity: 238
Merit: 100
The main reason was to create a decentralized network to support a currency. By creating a decentralized network, satoshi made sure that governments can never directly make changes such as increase bitcoin production or stuff like that.

Instant transactions (not to be mistaken with instant confirmations!) are also a very important part of bitcoin. Coupled with relatively low fees (they have been increasing due to block size limits), makes transfering money around the world easy and cheap.

It also empowers the users as you now fully control your funds. This is both good and bad, especially with the high number of computer virusses and trojans going around. One has to be really careful how you treat your computer and protect your bitcoins. I would advise a hardware wallet like a trezor.

Thank you so much. Will be much careful on protecting my BTC and the computer (from viruses) i use. Transactions will really help me increase BTC in my wallet. With more interest on knowing BTC, stepping forward into this BTC world. I am sure you all will be assisting me. Thank you
you are right. Keep more eye on your wallet and do transactions when needed. The transaction speed is realy too fast. It is really very safe. Go through more threads and find out ways to grow.
full member
Activity: 126
Merit: 100
Hi Experts,

I really love BTC and its benefits. I would like to know, why and for what the BTC was brought to the screen. What is it really up to? and the goal of creating this?
I.dont know ,but the only person who can answer you is the creator of bitcoin which satoshi nakamoto.
In my own bitcoin is only made for illegal activies,,you cant track who is the real owner cause its anonymous.
legendary
Activity: 1946
Merit: 1137
bitcoin is money, but the difference is that bitcoin offers so much more than what fiat is offering. when you start using bitcoin you'll understand what i mean.
and also as an investment it already showed that it can be a very profitable investment.
hero member
Activity: 724
Merit: 500
Bitcoin was created by the Illuminatis in order to control the world.
hero member
Activity: 1568
Merit: 502
Hi Experts,

I really love BTC and its benefits. I would like to know, why and for what the BTC was brought to the screen. What is it really up to? and the goal of creating this?


Good question really apreaciate.

Every newbie must understand what is Bitcoin actually.

Bitcoin is just one of Altcoin have highest value of exxchange to fiat market currency.

Its and digital and virtual currency. Its based on scrypt SHA256. And the base is cryptography.

Without blockchain Bitcoin could never get value of currency in market. Bcz Blockchain securely enrypt all trasaction and make them public.

Basically Cryptography has amaing features and Future also.
legendary
Activity: 1274
Merit: 1000
To transfer money without having to go through different institutions and being able to make a transaction at any place every moment with almost no fees and instantly-you don't have to wait for days for the transaction to appear.
full member
Activity: 154
Merit: 100
People wanted to make transactions without having to go through a centralized service on a global scale and Bitcoin has made this possible for the first time. { Well, lately some 3rd party services has

come back strongly, and are getting a good foothold in the industry } It is still possible to send Bitcoin from one person to the other, without going through any 3rd party service, but most people are

looking for convenience and these 3rd party services are doing this for them...so it's just comfort. Bitcoin p2p is still the best way to use it.  Grin Grin Grin

Yah true dude.. BTC is getting spread only online in this forum... No other named / organized body to advertise BTC or market out BTC. Really unique.
Will extend the support for BTC as this does in our life... Good point on BTC.
legendary
Activity: 1904
Merit: 1074
People wanted to make transactions without having to go through a centralized service on a global scale and Bitcoin has made this possible for the first time. { Well, lately some 3rd party services has

come back strongly, and are getting a good foothold in the industry } It is still possible to send Bitcoin from one person to the other, without going through any 3rd party service, but most people are

looking for convenience and these 3rd party services are doing this for them...so it's just comfort. Bitcoin p2p is still the best way to use it.  Grin Grin Grin
full member
Activity: 154
Merit: 100
The main reason was to create a decentralized network to support a currency. By creating a decentralized network, satoshi made sure that governments can never directly make changes such as increase bitcoin production or stuff like that.

Instant transactions (not to be mistaken with instant confirmations!) are also a very important part of bitcoin. Coupled with relatively low fees (they have been increasing due to block size limits), makes transfering money around the world easy and cheap.

It also empowers the users as you now fully control your funds. This is both good and bad, especially with the high number of computer virusses and trojans going around. One has to be really careful how you treat your computer and protect your bitcoins. I would advise a hardware wallet like a trezor.

Thank you so much. Will be much careful on protecting my BTC and the computer (from viruses) i use. Transactions will really help me increase BTC in my wallet. With more interest on knowing BTC, stepping forward into this BTC world. I am sure you all will be assisting me. Thank you
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
Initially bitcoin has been developed as a alternate transaction method which supports in the transaction of huge amounts which is highly risky and taxable through banking. When days passed because of the enormous growth and potential in transformed as an earning, currency and investment.
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