What do you like best about bitcoin? - page 178.

serjent05

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Quote from: dothebeats on December 10, 2016, 11:26:41 AM

What I like most about bitcoin is its capability to store value and even increase it as time goes by. I mean let's face it, we're for fortune and for more money in the first place. Bitcoin offers us that exact same thing. It's only a matter of how much have you bought in the first place and how well do you know the price swings etc.

Definitely this is the beauty of bitcoin, you can easily store it, you can be your own bank and at the same time due to the adoption of people, price of bitcoin slowly going up. So if you hold your bitcoin for long enough you can have your bitcoin getting interest due to the price value increase in your own bank (wallet).

dmamigo

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I like it because I believe it is a great option for payment while letting the value of Bitcoins Grow gradually. Also I like it because of its simplicity or user friendly and a great option to buy sell online without any hassle at some extent.

dothebeats

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What I like most about bitcoin is its capability to store value and even increase it as time goes by. I mean let's face it, we're for fortune and for more money in the first place. Bitcoin offers us that exact same thing. It's only a matter of how much have you bought in the first place and how well do you know the price swings etc.

Mastsetad

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Quote from: severaldetails on December 10, 2016, 10:49:56 AM

What I like best at the moment is the savings part of bitcoin.
Every time I buy coins and make a payment with it, that what I bought too much goes into my savings wallet.
And due to the increase of price this amount is growing.
The best part: Nobody else than me knows about it!

I think that is one part everyone likes about bitcoin from start till now, which is the increase in the price, because that is what makes us earn more bitcoin just by holding our coins which is considered a great way of growing bitcoins these days.

severaldetails

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What I like best at the moment is the savings part of bitcoin.
Every time I buy coins and make a payment with it, that what I bought too much goes into my savings wallet.
And due to the increase of price this amount is growing.
The best part: Nobody else than me knows about it!

(altair)

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Quote from: ged00u on December 10, 2016, 09:57:18 AM

Quote from: wxa7115 on December 08, 2016, 01:08:44 PM

What I like the most about of bitcoin is the capability of having a wallet without any cumbersome requisites like, id or stuff like that, you simply download the software and you have a wallet, no one else but you needs to know that you are the owner of that wallet and that is great.

Yeah, I do agree so. We do not have to provide our ID and paper in order to registered a wallet. You can download it anywhere online or if you are a coder expert, you can create your own wallet too. Besides, it is not necessary worrying about losing your Bitcoin because is is well secured by wallet developer and Bitcoin source-code itself.

But converting some big amounts to fiat requires some papers and id which is difficult. What if you are a minor yet, just skilled enough to earn some big amounts it will be difficult to convert bitcoin to fiat because of not having some legal papers yet. Their paremts are not techy so they won't understand it.

ged00u

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Quote from: wxa7115 on December 08, 2016, 01:08:44 PM

What I like the most about of bitcoin is the capability of having a wallet without any cumbersome requisites like, id or stuff like that, you simply download the software and you have a wallet, no one else but you needs to know that you are the owner of that wallet and that is great.

Yeah, I do agree so. We do not have to provide our ID and paper in order to registered a wallet. You can download it anywhere online or if you are a coder expert, you can create your own wallet too. Besides, it is not necessary worrying about losing your Bitcoin because is is well secured by wallet developer and Bitcoin source-code itself.

1Referee

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Quote from: raven7886 on December 10, 2016, 03:10:32 AM

I have invested into bitcoin when bitcoin was around $225 last year and my investments are got tripled whereas my bank will take more than seven years to double my capital.

Just out of interest, you say that you need more than seven years to double your money through banks, but doubling in what way? By interest that you are generating? If so, then it's not even possible to gain 50% in 10 years if you look at the current poor interest rates. Even not years ago since the interest rates have been in decline for plenty of years now. If you look at what are the better interest rates today, then 1.5-2% will be somewhat of the maximum. All other rates are below 0.5% annually. That's why I don't consider saving money in return for interest to be an investment.

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Quote from: raven7886 on December 10, 2016, 03:10:32 AM

Quote from: stadus on December 10, 2016, 02:06:45 AM

Well, when it comes to savings bitcoin can offer us great interest than in bank. Maybe I can call myself lucky because my deposits in banks receives interest in a quarterly basis but still not lucky enough because I understand that only the amount increase but the value does not grow if you know what I mean. It's the inflation thing.. Angry

Of course the best to part of bitcoin must be its investment opportunities. I am also earning better than my bank saving with bitcoin.

I have invested into bitcoin when bitcoin was around $225 last year and my investments are got tripled whereas my bank will take more than seven years to double my capital.

Very glad to hear that you already tripled your money on investing into bitcoin which is really a good move and also youre lucky enough that you could able to buy bitcoin on that particular low price. Only a few for sure does have the opportunity same as yours on which you invested on bitcoin low price.Investment opportunities are great and its one of the best thing on bitcoin.

raven7886

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Quote from: stadus on December 10, 2016, 02:06:45 AM

Well, when it comes to savings bitcoin can offer us great interest than in bank. Maybe I can call myself lucky because my deposits in banks receives interest in a quarterly basis but still not lucky enough because I understand that only the amount increase but the value does not grow if you know what I mean. It's the inflation thing.. Angry

Of course the best to part of bitcoin must be its investment opportunities. I am also earning better than my bank saving with bitcoin.

I have invested into bitcoin when bitcoin was around $225 last year and my investments are got tripled whereas my bank will take more than seven years to double my capital.

hubballi

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I like bitcoin for various reason and the main reason is it gives me financial freedom as now i am earning through signature campaign, doing skill work for bitcoin, apart from this due to bitcoin gambling now i am able to do sports betting as their is no need to give any identification document to play sports betting.

vasrasus

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Quote from: xSkylarx on December 09, 2016, 10:21:34 AM

I like best about bitcoin ia its price keeps rising. A small amount of bitcoin costs a big amount when converted to fiat. And earning it without using some of my own money is really good. All i need to earn is put an effort to it. I get free mobile load to top-up my phone using bitcoin.

Right it is quite really felt fascinating that we can earn while doing what we wants to do like posting, retweeting and doing research. No need to have a capital to gain just phone and internet. The apps and services provided in btc are hassle free too like what you mentioned eloading and the payments transaction and cashing out too.

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Quote from: stadus on December 10, 2016, 02:06:45 AM

Quote from: SvenBomvolen on December 09, 2016, 05:46:35 PM

I like bitcoins cause I have control of my money, and I don't need to pay for that. My bank takes some percent of my money every month.
Easy to use is one of the advantages of bitcoin. I like bitcoin cause one day bitcoin can make me rich.

Well, when it comes to savings bitcoin can offer us great interest than in bank. Maybe I can call myself lucky because my deposits in banks receives interest in a quarterly basis but still not lucky enough because I understand that only the amount increase but the value does not grow if you know what I mean. It's the inflation thing.. Angry

I wouldn't call what we earn through Bitcoin as interest

I guess it should be properly called return (on investment). The main difference is that interest paid on a bank deposit is expected to remain fixed and positive (barring NIRP, of course) while returns can easily turn negative, and I'm not even mentioning that they are constantly changing in wide ranges

stadus

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Quote from: SvenBomvolen on December 09, 2016, 05:46:35 PM

I like bitcoins cause I have control of my money, and I don't need to pay for that. My bank takes some percent of my money every month.
Easy to use is one of the advantages of bitcoin. I like bitcoin cause one day bitcoin can make me rich.

Well, when it comes to savings bitcoin can offer us great interest than in bank. Maybe I can call myself lucky because my deposits in banks receives interest in a quarterly basis but still not lucky enough because I understand that only the amount increase but the value does not grow if you know what I mean. It's the inflation thing.. Angry

SvenBomvolen

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I like bitcoins cause I have control of my money, and I don't need to pay for that. My bank takes some percent of my money every month.
Easy to use is one of the advantages of bitcoin. I like bitcoin cause one day bitcoin can make me rich.

FlightyPouch

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What i like from Bitcoin is that anyone can earn for free. Everyone can earn bitcoin and it is really easy. There are no age limit for whom will earn bitcoins. Well, there are faucets and other ways to earn bitcoin. I am a student and it really help me from my finances. I really hope for its higher price though.

dhampir-D

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Quote from: wxa7115 on December 08, 2016, 01:08:44 PM

What I like the most about of bitcoin is the capability of having a wallet without any cumbersome requisites like, id or stuff like that, you simply download the software and you have a wallet, no one else but you needs to know that you are the owner of that wallet and that is great.

Yes, the simplicity of the system is a great aspect. Through Bitcoin people have, for the first time, a coin that allows storing value in a safe, decentralized way, without bureaucracy and without major complications. These are just a few of the reasons why Bitcoin will be around for a long time.

rajasumi3

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I would like to spend my bitcoins on my daily to daily basis .it is like a part time job to me and i earn enough to support myself and help myself .and once in a month i enjoy good food.

TreeOfDeath

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I was not knowing about the bitcoin but when my friend told me about this, I was attracted towards it,
I also liked the fact that bitcoin has its own transparency and i think that the bank would also not charge us the tax.

its a legal currency and i liked everything about it Grin

kryptqnick

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The best thing for me is that I can actually earn money this way not doing a full-time job. Another thing is that it grows in price and you can start earning one sum and have more in your wallet after some time. Its anonymity is also something worth attention, because this is the money you have but it is not declared anywhere.

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