Topic: What I love about Bitcoin - page 3. (Read 4291 times)

you are right bitcoins is really stable right now in my opinion and i really like that to be honest

I agree with the most part of OP topic. I think that Bitcoin is indeed stable and having really promising potential , and it is as well safe to use. But unluckily we still need to use banks right now and mostly we still need to convert out btc to fiat for the most billing purposes

i like the stability of bitcoin price that is turning into a common thing and the stability periods last longer than before each time. and i do believe that it can actually help the adoption of bitcoin as a currency instead of an investment to dump as soon as price goes up!

to me Bitcoin is all round loveable and it can give us multiple services, we can put our assets safe in bitcoin and we can also make good money in bitcoin it can also be used as currency for shopping.

I wasn't active for a few weeks on the forum because I had some personal issues to sort out, I wasn't even using the internet that much, so basically I haven't checked anything about Bitcoin in the last weeks. I havent kept up with bitcoin news, and I havent kept up with the price, or the roadmap of the community.

And yet nothing has changed, bitcoin is still 540 EUR, just about the same as I last checked it, looks like it bounces between the 520-560 EUR price range. Yea I wish it would go up to 20,000 EUR, but even if it doesnt go up, at least it doesnt go down.

So even though I havent kept up with bitcoin for 3 weeks, I didnt had to worry about the price going to 0 EUR, this stability is what I love.

So I think the price is pretty much stable, the hardfork debate still goes on, but only made up of shills at this point, so I dont even care about it anymore. Bitcoin Core rocks, looks like the 0.13 version has been smoothly introduced. Segwit is on the horizon and bitcoin will probably have a bright future ahead.

So it's this stability and consistency what I love, the price is pretty much stable now, and I dont have to worry about people physically stealing my BTC, or the "BTC company" going bankrupt, it just feels so good, passive investment, that doesnt need babysitting.

Basically it's total financial independence, and it's very safe in my opinion.

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On the other hand, I checked my e-mail and I got 10 mails from my bank asking me to open a savings account and apply for life insurance....

Really banks? So you are spamming my email to sign up for a savings account that wont give me returns exceeding inflation and I have to risk bail-ins.

I dont have a savings account since 2014, and they are desperate to make me re-open it. I hardly keep any money in the bank now, times are too uncertain.

I also read about negative interest rates and an incoming financial collapse that could wipe out all banks in europe. So no thank you.

I can hardly imagine how a rich person that has say 10,000,000 EUR in his savings account must feel, he must be chewing his fingernails 24/7 being in panic mode, and everytime he reads the financial news he is an inch close to a heart attack.

So with a  savings account I have to constantly check my e-mails if the bank fees are changed or the rules of transaction, while also have to check the news because I cannot know when the interest rates will drop to say -50%. It can literally happen any minute in this atmosphere of crisis.

Also I cannot know when the bank goes bust and takes my money with him in bail-ins, which is just outright theft.

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So yea, i think Bitcoin is safe and reliable, and above all consistent. While a bank is literally a casino at this point. So I'd rather use BTC, it gives me so much independence.

Tell me how do you feel about this?

I agree with the most part of OP topic. I think that Bitcoin is indeed stable and having really promising potential , and it is as well safe to use. But unluckily we still need to use banks right now and mostly we still need to convert out btc to fiat for the most billing purposes

Haven't heard about bitcoin cranes before, what are you talking about  Bitcoin mining?

The best thing about bitcoin is it is supported worldwide so no restrictions due to country where you live as well as non-reversible payment making it superior to other payment processor and also low fee give better benifits.

Probably the best thing about it is bitcoin bitcoin cranes, which allow to produce free bitcoin.

The bitcoins price right now is might be stable but if we look at to the past the price was too unstable, and this is why people are too scared to invest their money in to the bitcoin, i personally won't invest much , to be honest i really love bitcoins rate nowdays it will be more steady and its good to transaction with it. However bitcoin is better than others  including the banks as a payment processor.