Bitcoin is the simplest, easiest, and most stress-free investment I have ever known. There was this investment I made some years ago in which I had to transport myself from my house to the company, sign some documents in their office, and they gave me their company account number to go and deposit the money I intended to invest. I had to go to the bank again that day to do an inter-bank transfer to their company account before I returned to their office again to complete the documents and complete my investment. It almost took me the whole of that day to complete the process, but the first day I bought Bitcoin, every transaction took place in my house, I did not have to travel anywhere to invest. So bitcoin investment is the easiest way to invest. Even if a person has a business to run, Bitcoin gives you total freedom to do other things while you still have your Bitcoin investment.
Bitcoin is very easy but can be delaying at most times when the mempool is full of transactions but I guess that depends on the fee used for carrying out the transaction, because I actually did a transaction on my wallet that took me the whole day for it to reflect and I had to go back and bump fee for it to be mined alot faster and again when transacting with bitcoin, one has to be extremely careful as any mistakes in the receivers address can result to a total loss of funds as transaction with bitcoin are irreversible.But with all these out, bitcoin is actually pretty simple to use and it also serve as an investment platform for those that actually want to hold for profits and it's best to hodl for a long time. 
Topic: I love Bitcoin - page 10. (Read 1612 times)
You've been in love with bitcoin since 2016, right? Did you catch the price when it fell by 200$? did you buy bitcoin in these days? or how many bitcoins did you buy this time? are you still holding it and haven't sold it yet? or have you sold it too?
You also mentioned that you use bitcoin in your daily life? how? is it by doing your grocery shopping at a supermarket? You didn't mention how it helps you in your daily life routine.
You also mentioned that you use bitcoin in your daily life? how? is it by doing your grocery shopping at a supermarket? You didn't mention how it helps you in your daily life routine.
I have been a fan of Bitcoin since 2016 when I found it for the first time. Its decentralized nature made me love it. Because of Bitcoin, no government or authority can control the way we use our money digitally. Other than that, Bitcoin has a value that has the potential to increase far higher than gold, and at the same time, it doesn't carry any weight due to its digital nature.
I appreciate the unique benefits that Bitcoin offers. Its decentralized nature ensures that individuals have more control over their finances and can operate without interference from the government or regulatory authorities. Additionally, Bitcoin's digital nature and high-value growth potential make it an attractive investment asset for those looking to diversify their portfolio. Yes, Bitcoin represents an innovative and transformative technology that has the potential to revolutionize the financial industry.
Another very important thing about Bitcoin that made me love it is its limited supply. Bitcoin has a total supply of just 21 million bitcoins. It means that there won't be more Bitcoins ever, only those 21 million Bitcoins will exist forever. That makes Bitcoin a store of value. Due to its limited supply, its price can move to way higher levels. Some people even believe that one Bitcoin will be worth 1 million in the future.
Of course! One of the reasons is due to the limited supply of Bitcoins at only 21 million coins. With increased demand and scarcity, the Bitcoin price has the potential to skyrocket. It's like owning a rare diamond that gets rarer with time.
Well there is not a reason you should not love Bitcoin. Bitcoin is amazing thing to invest in and if we hodl them there will be profits waiting for us in the future.
Exponential technologies like Bitcoin take a while to reach critical mass but when they do they progress rapidly. I believe Bitcoin will become the dominant method for storage and transaction of value in the coming years.
It will be hard to imagine a time the blockchain didn’t exist for future generations. In my humble opinion, we have not even begun to see the real global adoption of crypto and discover the full utility of blockchain.
Exponential technologies like Bitcoin take a while to reach critical mass but when they do they progress rapidly. I believe Bitcoin will become the dominant method for storage and transaction of value in the coming years.
It will be hard to imagine a time the blockchain didn’t exist for future generations. In my humble opinion, we have not even begun to see the real global adoption of crypto and discover the full utility of blockchain.
I'm glad to read your story OP, it's always very nice to see some Bitcoin users which are handling transactions on a daily basis.
It could be very interesting to have more details, I mean, to know in which area of the world you are located. I am always very curious to know more about places which accept BTC for daily transactions (if it is your situation of course).
But I'm surprised that you did mention the fees : it is pretty rare to have bank transfer fees more expensive than BTC network ones, especially since Ordinals.
Could you explain what you mean ? Are you talking of the cost of a credit card or transfer fees when you talk about bank fees ?
I agree with your point but with bitcoin : no chargeback/double-spend possible (once transaction has at least 1 confirmation on the blockchain), no possible way to pretend you didn't received the transaction and the fact to see the wallet's balance of some companies could act as a guarantee of creditworthiness from a customer perspective and could help to take better decisions when doing a business with an unknown company.
It depends of cases, but it is really possible to find useful applications of a public ledger regarding security and trustness.
It could be very interesting to have more details, I mean, to know in which area of the world you are located. I am always very curious to know more about places which accept BTC for daily transactions (if it is your situation of course).
But I'm surprised that you did mention the fees : it is pretty rare to have bank transfer fees more expensive than BTC network ones, especially since Ordinals.
Could you explain what you mean ? Are you talking of the cost of a credit card or transfer fees when you talk about bank fees ?
2.I never thought that more transparency means more security. That's a weird theory. Can you elaborate more on this?
I think that more privacy means more security, which is the total opposite of your theory.
I think that more privacy means more security, which is the total opposite of your theory.
I agree with your point but with bitcoin : no chargeback/double-spend possible (once transaction has at least 1 confirmation on the blockchain), no possible way to pretend you didn't received the transaction and the fact to see the wallet's balance of some companies could act as a guarantee of creditworthiness from a customer perspective and could help to take better decisions when doing a business with an unknown company.
It depends of cases, but it is really possible to find useful applications of a public ledger regarding security and trustness.
Quote
Bitcoin is completely decentralized, which means that no government or banks can have control over it. Traditional currencies, such as fiat, for example, the US dollar, Euro, and others, are controlled by banks and governments, but Bitcoin is not controlled by anyone. It works on a P2P (peer-to-peer) network of millions of users.
Another aspect of Bitcoin that made me love it was its lower transaction fees. Bitcoin operates on P2P, which is why its transaction fees are lower than those of banks. When you are sending BTC from your wallet to someone else's wallet, you will pay a little transaction fee to the network. Even that fee is used to inspire the nodes so that the transaction gets validated.
Other than that, Bitcoin is completely transparent. Every transaction since its first transaction is recorded on the blockchain. The best thing about the blockchain is that anyone can access the record. Due to this transparency, the transactions made by Bitcoin can be tracked easily, which adds a perk to its security.
Bitcoin is accessible to everyone, and that's an amazing aspect of it. Anyone from any part of the world can access Bitcoin through the internet. That means that anyone can transfer and receive Bitcoin anywhere without any restrictions. It even works in those areas where traditional banking infrastructure is not present.
Another very important thing about Bitcoin that made me love it is its limited supply. Bitcoin has a total supply of just 21 million bitcoins. It means that there won't be more Bitcoins ever, only those 21 million Bitcoins will exist forever.
Another aspect of Bitcoin that made me love it was its lower transaction fees. Bitcoin operates on P2P, which is why its transaction fees are lower than those of banks. When you are sending BTC from your wallet to someone else's wallet, you will pay a little transaction fee to the network. Even that fee is used to inspire the nodes so that the transaction gets validated.
Other than that, Bitcoin is completely transparent. Every transaction since its first transaction is recorded on the blockchain. The best thing about the blockchain is that anyone can access the record. Due to this transparency, the transactions made by Bitcoin can be tracked easily, which adds a perk to its security.
Bitcoin is accessible to everyone, and that's an amazing aspect of it. Anyone from any part of the world can access Bitcoin through the internet. That means that anyone can transfer and receive Bitcoin anywhere without any restrictions. It even works in those areas where traditional banking infrastructure is not present.
Another very important thing about Bitcoin that made me love it is its limited supply. Bitcoin has a total supply of just 21 million bitcoins. It means that there won't be more Bitcoins ever, only those 21 million Bitcoins will exist forever.
1.Bitcoin is decentralized only if you don't use centralized exchanges and you keep all your BTC in your cold wallet.
2.I never thought that more transparency means more security. That's a weird theory. Can you elaborate more on this?
I think that more privacy means more security, which is the total opposite of your theory.
3.Bitcoin is accessible to everyone, who has money to buy BTC.
Which means that BTC isn't completely accesible.4.I agree about the limited supply, but Bitcoin is way more than a limited supply. You could create a shitcoin/shittoken with a limited supply and it won't be as successful as Bitcoin.
Honestly, bitcoin has many functions and utilities for us to use. But one factor that makes us all more interested in bitcoin than the other is the profit it brings. Without the profit factor, I doubt people would love bitcoin as much. Bitcoin has helped many people change their lives, and have a life they never dared to think about, including me. I really don't know without bitcoin, maybe my life is still a worker with a salary of 200-300$ a month, and with that salary, I never dare to think about eating well, dressing well, owning my own house, or traveling...
The profits motive are there if we are see it as investment tool but there is wider picture we can't ignore and that is providing us financial freedom from the central chain of authorities.With fiat or any other mode they control you and can restrict but btc give you full decentralisation of your funds so those who respect privacy love it.The profits will always be there with time but we should not ignore the main concept for its creation.
I don't always understand the technical details of Bitcoin, but I know it's something special. It's like the Mona Lisa of the digital world - everyone can appreciate it, even if they don't understand why it's so valuable.
investing in btc is of course very easy and can be achieved by all people, and can invest only using small money like 12 dollars and so on.
so with so many people who are happy to invest in bitcoin, because it is very easy.
and what makes me personally interested in bitcoin because I see the potential for btc in the future because btc only has a supply of 21000000.
but to be honest, I really feel sorry for people who don't have electricity and internet in their area because it will definitely be difficult to invest in btc. hopefully in the future electricity and internet will spread widely so that everyone in the world can use electricity and internet access and invest in btc.
so with so many people who are happy to invest in bitcoin, because it is very easy.
and what makes me personally interested in bitcoin because I see the potential for btc in the future because btc only has a supply of 21000000.
but to be honest, I really feel sorry for people who don't have electricity and internet in their area because it will definitely be difficult to invest in btc. hopefully in the future electricity and internet will spread widely so that everyone in the world can use electricity and internet access and invest in btc.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
Honestly, bitcoin has many functions and utilities for us to use. But one factor that makes us all more interested in bitcoin than the other is the profit it brings. Without the profit factor, I doubt people would love bitcoin as much. Bitcoin has helped many people change their lives, and have a life they never dared to think about, including me. I really don't know without bitcoin, maybe my life is still a worker with a salary of 200-300$ a month, and with that salary, I never dare to think about eating well, dressing well, owning my own house, or traveling...
Bitcoin has become a joy in everyone's life. Everyone can invest in this Bitcoin. Bitcoin will fulfill the dreams of many poor people. I also love Bitcoin a lot. I can't imagine anything without Bitcoin.
At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.
At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.
Indeed it is a joy and positive feeling to many individuals including myself as Bitcoin has transformed the fortune of many middle class people who have strong faith in Bitcoin & recognized its potential to become leading digital gold & outperforming asset. They invested in this precious asset at the right time and now they are harvesting huge benefits from their wise investment decision.
I use Bitcoin every day, and it's an important part of my life.
I also like Bitcoin, but until now I can only save for assets. but how do you use Bitcoin every day? are you a day trader? or do you live where Bitcoin is legalized for transactions?more countries still do not use Bitcoin as a transaction tool, but only as an investment asset. regulations from several countries limit the use of Bitcoin as a means of transaction, it makes dependence with Fiat still high. maybe that's why Bitcoin adoption won't grow so fast. but for someone like you who can use Bitcoin every day, it must be a great experience.
legendary
Activity: 1344
Merit: 1547
The first decentralized crypto betting platform
I use Bitcoin every day, and it's an important part of my life. I can't imagine my life without Bitcoin and other cryptocurrencies. I believe that its adoption rate will increase in the upcoming days, and many new users will start using this amazing invention of this century.
I think you have got a point here. On the one hand, the reasons the OP gives for saying that he loves bitcoin are the same reasons that all of us who have known about bitcoin for a long time can have, and we might think that this is yet another post designed to fish for merit, as it adds nothing, and does not explain what you are asking about. I would like to use bitcoin more on a daily basis, but I simply can't because I have no options.
I hope the OP will take heed and answer your question.
I'm not claiming that it's a fabrication, but it sounds too good to be true, and we're sick of seeing threads like this in this section aimed at getting merit.
Although in my country all types of transactions, buying and selling, use of bitcoins are prohibited by the state, yet the people of our country are using bitcoins indirectly even if they do not use bitcoins directly. I use Bitcoin indirectly, Bitcoin is now considered an integral part of my life. I'm not interested in keeping money in the bank due to the inflation of my country's paper currency, so I've started converting all my assets to Bitcoin and holding them in a self-custody wallet. I agree that in the far future Bitcoin will be the only digital currency accepted by all in this world. Once all the people in the world start using Bitcoin directly then the increasing demand of Bitcoin will increase tremendously. I also add a bit more that Bitcoin will exceed million dollar after 2025-2030.
Bitcoin has become a joy in everyone's life. Everyone can invest in this Bitcoin. Bitcoin will fulfill the dreams of many poor people. I also love Bitcoin a lot. I can't imagine anything without Bitcoin.
Exactly, Bitcoin has helped a lot of people and gave them opportunities to change their life. Some started nothing and when they met Bitcoin, which they've studied then they earned profits. Not only for people that are trading and investing, some people also donate their profits in Bitcoin to charities. If you explore more here in the forum there's a many thread here that are about donations to poor people using their Bitcoin. Proof that Bitcoin has helped a lot despite some people doesn't about it.
Satoshi Nakamoto is very meritorious because he has created digital money, namely bitcoin.
and I also can't imagine if Satoshi didn't create bitcoins.
and to be honest I am very happy with bitcoin because of course it has helped the economy of people around the world. and I can't say anything but thanks to Satoshi Nakamoto.
and I also can't imagine if Satoshi didn't create bitcoins.
and to be honest I am very happy with bitcoin because of course it has helped the economy of people around the world. and I can't say anything but thanks to Satoshi Nakamoto.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
Bitcoin is the simplest, easiest, and most stress-free investment I have ever known. There was this investment I made some years ago in which I had to transport myself from my house to the company, sign some documents in their office, and they gave me their company account number to go and deposit the money I intended to invest. I had to go to the bank again that day to do an inter-bank transfer to their company account before I returned to their office again to complete the documents and complete my investment. It almost took me the whole of that day to complete the process, but the first day I bought Bitcoin, every transaction took place in my house, I did not have to travel anywhere to invest. So bitcoin investment is the easiest way to invest. Even if a person has a business to run, Bitcoin gives you total freedom to do other things while you still have your Bitcoin investment.
Another very important thing about Bitcoin that made me love it is its limited supply. Bitcoin has a total supply of just 21 million bitcoins. It means that there won't be more Bitcoins ever, only those 21 million Bitcoins will exist forever. That makes Bitcoin a store of value. Due to its limited supply, its price can move to way higher levels. Some people even believe that one Bitcoin will be worth 1 million in the future.
It's good that you're aware that this is all speculation. Don't expect it to reach that level in the future, when all of the coins have been mined. Ohhh, we won't both be alive to see the end of the last bitcoin mined.
Bitcoin has become a joy in everyone's life. Everyone can invest in this Bitcoin. Bitcoin will fulfill the dreams of many poor people. I also love Bitcoin a lot. I can't imagine anything without Bitcoin.
At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.
At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.
It will help many poor people indeed but that is when they try and hold some, or make an investment with it. It won’t just help them because they love it or anticipating to be part of his development.
Bitcoin has become a joy in everyone's life. Everyone can invest in this Bitcoin. Bitcoin will fulfill the dreams of many poor people. I also love Bitcoin a lot. I can't imagine anything without Bitcoin.
At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.
At some point the price of Bitcoin will increase a lot. My dreams will come true. Bitcoin will fulfill the dreams of thousands more people like me.
I use Bitcoin every day, and it's an important part of my life. I can't imagine my life without Bitcoin and other cryptocurrencies. I believe that its adoption rate will increase in the upcoming days, and many new users will start using this amazing invention of this century.
Thanks a lot to Satoshi Nakamoto for developing such an amazing infrastructure that has made our lives easier and far better. All those features of Bitcoin made me to fall in love with it. I believe there are millions of lovers of Bitcoin. Kindly share your love for admiration for this amazing invention. Thank you!
You’re in luck. Today is supposedly Satoshi Nakamoto’s birthday. Aside from the money I have made from investing in bitcoin, I think being involved in bitcoin and this forum has increased my interest in economics.
Jump to: