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Topic: Bitcoin Attraction - page 10. (Read 13977 times)

hero member
Activity: 2590
Merit: 644
February 24, 2017, 09:03:59 AM
We already know that bitcoin is very attractive to those kind of people who loves money and loves earning it in an easy way and bitcoin have that kind of personality. One of the things that made bitcoin very attractive is, it is very easy to use and it is very reliable and also the best thing for it is "security" which you don't need to fill up some forms like putting your personal information because that is very risky for bitcoin and bitcoin does not require that.
legendary
Activity: 3038
Merit: 1169
February 24, 2017, 08:17:31 AM
For me, bitcoin has a lot of attraction in it, and i use bitcoin because it give us freedom to use it in any where, no restriction and tax paying and also nothing personal information, bitcoin don't want any thing. But it give us many profit if we know who to earn from bitcoin. It is too much better than fiat to use bitcoin on online. Great thing i attracted from bitcoin, it is bitcoin price value.

And I think just like you that has been attracted to the value of bitcoin I think and I highly believe that many people today are very attracted to bitcoin because of the price value and a lot of them are doubting bitcoin back then, well we can not criticize them for having second thoughts on bitcoin well to see is to believe for themselves.
hero member
Activity: 812
Merit: 500
February 24, 2017, 07:51:18 AM
For me, bitcoin has a lot of attraction in it, and i use bitcoin because it give us freedom to use it in any where, no restriction and tax paying and also nothing personal information, bitcoin don't want any thing. But it give us many profit if we know who to earn from bitcoin. It is too much better than fiat to use bitcoin on online. Great thing i attracted from bitcoin, it is bitcoin price value.
full member
Activity: 201
Merit: 194
February 23, 2017, 03:26:32 PM
I think that what makes Bitcoin attractive is the decentralization, wich break dow barriers. Also the low cost per transactions and speed of operations. Another thing to mention is the Bitcoin's stability, although some people can say that  it's volatility is a disadvantage, but it's even most stable than the currency of my country
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
February 23, 2017, 01:28:37 PM
Bitcoin mining is an investment opportunity and that's what's making it more attractive to me and the few friends I've explained this blockchain technology to.
Bitcoin mining is a legit investment but it is not always an investment because the meaning of investment is the one who gives or creates money for you but if you don't have enough money to invest in mining then it will not be profitable for you and it will be a waste of money and time. Mining is not a true attraction for people to invest in bitcoin because i do believe that mining is getting harder and harder and the profits are getting smaller and smaller so it is not advisable for a starter who got attracted in bitcoin to start in mining. Invest in Bitcoin or do trading because that is the real attractive for people because it seems complicated but in the end it will be easy for you to gain money.
sr. member
Activity: 756
Merit: 253
February 23, 2017, 12:30:59 PM
Bitcoin mining is an investment opportunity and that's what's making it more attractive to me and the few friends I've explained this blockchain technology to.
legendary
Activity: 1652
Merit: 1057
February 23, 2017, 11:49:31 AM
What attract me the most at first is the chance to make money online using bitcoin. Later i realized that bitcoin price fluctuates so much that can be used for trading opportunity. I don't care about decentralized, private or anonimous at first, just being honest here  Grin.
Until you become financial sound, you will never realize the value of your identity. Only on necessity, you will start valuing being anonymous. The good thing is bitcoin will protect you when you seek your privacy, it means these are some other benefits which may not work for attracting people from the beginning days itself.

You can enter into bitcoin ecosystem for what ever reasons and you can switch to different mode within bitcoin system based on your time to time concerns. This system is as flexible as anything because it is decentralized.
member
Activity: 84
Merit: 10
February 23, 2017, 10:54:17 AM
i like its ease and simplicity in simple words. bitcoin is my now best friend as it stands aside me always in financial situation economical discomfort so during my hard time bitcoin is helping me to stand up and race with the world.


Well said!  Cheesy
Bitcoin is an amazing thing. Bitcoin is nowhere and everywhere at the same time, people believe in Bitcoin and help Bitcoin to grow despite the fact that it cannot be even touched.
full member
Activity: 518
Merit: 101
February 23, 2017, 10:10:59 AM
I saw the income of my friends when they showed it to me and it is really amazing.
That time I begun curious about bitcoin, he has been introducing this to me a year ago but ignored him. But, this time am about to start to get interested here.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
February 23, 2017, 09:20:59 AM
What attract me the most at first is the chance to make money online using bitcoin. Later i realized that bitcoin price fluctuates so much that can be used for trading opportunity. I don't care about decentralized, private or anonimous at first, just being honest here  Grin.
newbie
Activity: 14
Merit: 0
February 23, 2017, 09:12:28 AM
The idea of its security and anonymity it has that sort of legitimacy to be a bank currency and it is for the most part fairly stable and always running good seems to be companies even opening up to it so that must mean something good.
sr. member
Activity: 280
Merit: 250
February 23, 2017, 08:48:39 AM
i like its ease and simplicity in simple words. bitcoin is my now best friend as it stands aside me always in financial situation economical discomfort so during my hard time bitcoin is helping me to stand up and race with the world.
hero member
Activity: 994
Merit: 544
February 23, 2017, 06:19:05 AM
First, i got interest in bitcoin as an investment which has the potential of giving huge returns.But then, i realized that we can invest in some Altcoins and do trading to earn profits.Now, this trading has become the main attraction for me towards the bitcoin.I am earning a fair income to lead my life successfully.

Just like your experience, more and more people are being attracted to bitcoins by the belief that they will get huge profit when they invest on bitcoins. I cannot deny that fact and we are all witness of that truth that is happening everyday. If we dont buy enough bitcoins today then we will regret that decision since if we decide to buy sufficient amount of bitcoins today you will surely change your life in the future.
newbie
Activity: 14
Merit: 0
February 23, 2017, 06:01:13 AM
Bitcoin's attraction, now that I am some six months into it, probably is more akin to the gold rush. That lure of (digital) money, that promise of riches in the distant future when this coin gets harder to mine, harder to come by, and rarer. I suppose gold must have started out like that. And we're all looking for our flash in the pan. We're all told it'll get more valuable tomorrow, and we're hoping we can get as big a slice of that pie if possible.


If you bought some bitcoin more than 6 months ago, the value could have been doubled.

Yep but that's pretty much been the case for a few years now, on and off. Its just as possible to halve in value if adoption rates do not climb or if governments try to stamp out bitcoin. It's anyone's guess where it will be in 6 months time but I personally invest in bitcoin because I believe in it over financial institutions.
sr. member
Activity: 840
Merit: 252
February 23, 2017, 05:51:26 AM
Bitcoin's attraction, now that I am some six months into it, probably is more akin to the gold rush. That lure of (digital) money, that promise of riches in the distant future when this coin gets harder to mine, harder to come by, and rarer. I suppose gold must have started out like that. And we're all looking for our flash in the pan. We're all told it'll get more valuable tomorrow, and we're hoping we can get as big a slice of that pie if possible.


If you bought some bitcoin more than 6 months ago, the value could have been doubled.
legendary
Activity: 2968
Merit: 3684
Join the world-leading crypto sportsbook NOW!
January 26, 2017, 04:09:43 AM
Bitcoin's attraction, now that I am some six months into it, probably is more akin to the gold rush. That lure of (digital) money, that promise of riches in the distant future when this coin gets harder to mine, harder to come by, and rarer. I suppose gold must have started out like that. And we're all looking for our flash in the pan. We're all told it'll get more valuable tomorrow, and we're hoping we can get as big a slice of that pie if possible.
hero member
Activity: 2856
Merit: 667
January 26, 2017, 01:13:36 AM
What attracts you towards bitcoin?
I'm asking this because it could be different from person to person. Different people may like different aspects of bitcoin. So what do you like the most about it?

Bitcoin attracts people who wants to earn some money. I like bitcoin.because you can save it into your wallet if you don't use it. If you have a free time you can do your job here. And if you want a bitcoin be your business's it would a big earning. And attract me so much because it is a crypto-currency located in the network that is reason why.
bitcoin is also so much attractive because it is a decentralize currency. you can use bitcoin anywhere in the world without changing your it into any other local currency. bitcoin also providing good service for online shopping. most of the people are now using bitcoin for online business and other activities. bitcoin also providing opportunities of trading and investment.
That benefits is what we are hoping it will happen to our respective country, however only big countries which bitcoin are popular has a good experience in using their bitcoins. Online shopping would be easy if there are many stores that is going to adopt with bitcoin and it will not be limited to few industries only as it can be for all, we just have to wait that they will fully adopt with it.
hero member
Activity: 770
Merit: 500
January 26, 2017, 12:15:18 AM
What attracts you towards bitcoin?
I'm asking this because it could be different from person to person. Different people may like different aspects of bitcoin. So what do you like the most about it?

Bitcoin attracts people who wants to earn some money. I like bitcoin.because you can save it into your wallet if you don't use it. If you have a free time you can do your job here. And if you want a bitcoin be your business's it would a big earning. And attract me so much because it is a crypto-currency located in the network that is reason why.
bitcoin is also so much attractive because it is a decentralize currency. you can use bitcoin anywhere in the world without changing your it into any other local currency. bitcoin also providing good service for online shopping. most of the people are now using bitcoin for online business and other activities. bitcoin also providing opportunities of trading and investment.
sr. member
Activity: 1316
Merit: 356
January 25, 2017, 07:33:31 PM
What attracts you towards bitcoin?
I'm asking this because it could be different from person to person. Different people may like different aspects of bitcoin. So what do you like the most about it?

Bitcoin attracts people who wants to earn some money. I like bitcoin.because you can save it into your wallet if you don't use it. If you have a free time you can do your job here. And if you want a bitcoin be your business's it would a big earning. And attract me so much because it is a crypto-currency located in the network that is reason why.
full member
Activity: 182
Merit: 100
January 25, 2017, 06:03:49 PM
In general, the advantages offered by BitCoin are mentioned. But the part that affects me the most is the technological infrastructure. I think that what you do with Blockchain technology will change our lives.

We will soon begin to see a lot of projects related to the following issues.

* Banking
* Voting and Selection Systems
* Internet of the Things
* Money Transfers
* Cyber security
* E-Commerce and Payments
* Online Music Sector
* Stocks
* Health care
* Identity Management Systems
* Donation Systems
* Copyright

-i highly discourage banking in bitcoin you have your wallet and that equates to bank in fiat
-how possible? What are the features of btc that leads developers in such idea
-money transfers are really good especially when we are talking its efficiency
-cyber security can also be bad for bitcoin
-
I guess banking as is in the list, is not about the conventional ways we have been, but the now way, bitcoin can turn every holder to his/her own bank. The entire list and even much more, are various endeavors in life that Bitcoin or the technology behind it - blockchain, are currently been worked upon for adoption, because of the unprecedented level of trust and security made possible by this technology.

The list actually should be endless as more and more people are becoming aware of Bitcoin and its technology, far more points of attraction are sure to emerge. The case of voting and selection systems, is something that is needed badly in most of our societies and that alone can settle most of the ills in our societies.

One of the most important aspects of banks is the hiding of money and the safe transfer of money. Blockchain technology provides an infrastructure that can change the traditional banking system quickly and safely.

Many banks have started to work on this subject. I am confident that we will hear more about blockchain technology in the financial sector in the future.
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