It is quite frankly one of the most important inventions of the last century, right up there with the internet and reusable rockets. Satoshi Nakamoto was a genius and more importantly a bold individual to not only propose something that operates like bitcoin but actually create it.
It ticks all the boxes of an alternative financial system and has the features of,
- Decentralization,
- Full autonomy,
- Transparency,
- Immutability,
- Consensus based,
- Pseudo anonymity.
The bitcoin revolution led to a couple thousand altcoins being created, and even though many are scams and shitcoins, it fueled this decentralized system when anyone can change the world from the corner of their room, or try to.
- Jay -
Topic: Why are you interested in bitcoin? - page 8. (Read 1037 times)
Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?
Financial Freedom, anonymity and somehow I feel proud or something when I hear great news about crypto, like even though I am only an investor I feel like I am part of something big.I believe on it and for me it is better than letting my money sit on bank account.
We like the ideas of decentralization: independence, reliability, immutability.
Our dream is not about expensive bitcoin, but about using it everywhere. We don't care how much someone can earn on this, if the work is paid not in dollars per hour, but in bitcoins per hour.
Our dream is not about expensive bitcoin, but about using it everywhere. We don't care how much someone can earn on this, if the work is paid not in dollars per hour, but in bitcoins per hour.
if you don't really understand about bitcoin you can study in this forum and you will find lots of threads discussing why someone invests in bitcoin.
High-profit potential: The price of Bitcoin has shown an increasing trend in recent years, which makes it an attractive option for investors looking for high-profit potential.
Anonymity: Bitcoin offers anonymity, because transactions are not tied to a user's personal identity.
Decentralization: Bitcoin is decentralized, no single entity or government has control over it.
Portability: Bitcoins can be carried anywhere and transferred easily without large fees.
Keep in mind that Bitcoin also comes with some risks, such as high price volatility and security issues.
Before investing, it is advisable to do some research and understand the risks associated with investing in bitcoins.
High-profit potential: The price of Bitcoin has shown an increasing trend in recent years, which makes it an attractive option for investors looking for high-profit potential.
Anonymity: Bitcoin offers anonymity, because transactions are not tied to a user's personal identity.
Decentralization: Bitcoin is decentralized, no single entity or government has control over it.
Portability: Bitcoins can be carried anywhere and transferred easily without large fees.
Keep in mind that Bitcoin also comes with some risks, such as high price volatility and security issues.
Before investing, it is advisable to do some research and understand the risks associated with investing in bitcoins.
We have so many reasons that will make someone to be interested in Bitcoin like for example we have decentralization, anonymous, fixed supply, and the fact that it doesn't have location restrictions. Bitcoin has been able to solve so many problems that we face with our banks. I for one I'm interested in Bitcoin because of level of anonymous it provides and the thought of no government agency been involved in my financial life when using Bitcoin just makes it more interesting.
Aside from all that it can still serves as a means of investment and this is the part that have been able to captivate the attention of most youths in my country.
Aside from all that it can still serves as a means of investment and this is the part that have been able to captivate the attention of most youths in my country.
Because Bitcoin rising in value in the long term is a very good and conservative bet. Supply is fixed, and so is its schedule. That's a game changer. Before 2009, whatever you could think of, literally everything, if demand was risen, so would its supply. Food, stocks, gold, houses, everything; if people wanted more of that thing, it'd magically increase in supply. Except bitcoin.
But besides that, I believe people will evaluate it better as time goes by.
But besides that, I believe people will evaluate it better as time goes by.
I am interested in Bitcoin majorly because of the economic situation in my country. For some time now the value of the country's currency has fallen so much such that your money in the bank virtually has no value. So this is where bitcoin comes in I moved all my money and bought Bitcoin. I left it in a cold storage wallet. Not like when I had most of my savings in Fiat and had no peace of mind I am rest assured that my investment in Bitcoin is secured and that I have nothing to worry about.
I have to say the main reason why I got here was the fact that I liked the freedom it provided. There is a good chance that we could come up with a more free way to use fiat as well one day, and in many sci-fi future movies we have so many different currencies, why do you think when people make movies or write books about the future and get rid of the fiat we use today? Or even in the past, when you write a fantasy novel, why do we talk about silvers and golds? That is mainly because people all realize that the current system is open to corruption and bad management, hence why we need to find something else. I believe that I found that better thing with bitcoin, and even if it doesn't become a legal tender, it could be at least a blueprint for something much better.
Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys.
Welcome here!I want to ask you guys. Why are you interested in investing in bitcoin?
It's because of having a limited supply. The supply limit that it has is 21 million but as of now, its current supply in the economy is around or nearly 19.3M BTC.And the remaining other supply will have a long time before it reaches the max cap.
Aside from that, the experience that I've got by investing in bitcoin has already proved me that having its features has the potential to move its value.
I'll be having the payment for things that I want to buy with the use of bitcoin but only for selected shops and has an investment at the same time.
Bitcoin is a currency that has the potential to make global finance much more democratic with open, transparent, and peer-to-peer payments. Bitcoin offers a fantastic alternative to the current private banking system when used.
One thing is certain, I am also intrigued by the idea of a shared future – no matter how you look at the future, there are probably many areas of life where technology can help improve our situation. Bitcoin is very interesting because it is one of the first systems based on a completely open protocol, which allows anyone to implement the idea in new and exciting ways.
One thing is certain, I am also intrigued by the idea of a shared future – no matter how you look at the future, there are probably many areas of life where technology can help improve our situation. Bitcoin is very interesting because it is one of the first systems based on a completely open protocol, which allows anyone to implement the idea in new and exciting ways.
Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?
I become interested on Bitcoin when I’m newbie because of online casino and faucets. Online casino that rime is new to me since physical casino is not accessible in my location that time. I learned that I can earn Bitcoin by just solving captcha on faucet so that I can play on gambling.
I later on become interested on blockchain and privacy as time passes by which makes me invest more rather than just waste it on gambling. I saw the future on blockchain which banks can’t do. I realized that banks make our life harder in terms of managing our finances and sending it to someone. Blockchain is the future money is what I’m thinking when I become a believer of Bitcoin.
I'm not that interested in "investing" in bitcoin. From the day I found out about bitcoin which was back in 2014, I have been interested in it as a decentralized currency that I can use for a lot of things. Consequently I'm more interested in using bitcoin and earning it as you would any other currency.
The reason for that is the uniqueness of bitcoin as a currency. And of course the increased purchase power, which you could call "profit" is the cherry on top.
The reason for that is the uniqueness of bitcoin as a currency. And of course the increased purchase power, which you could call "profit" is the cherry on top.
Profit potential. I guess most of the people here have the same reason. Not unless you are having big transactions on a daily basis 'coz avoiding tax might probably be the reason. But if you're a casual investor, it is obvious that market volatility could be taken advantage especially if you have the knowledge of somehow drawing a pattern not only with Bitcoin but also with other cryptocurrencies' market price. Indeed it is more risky compared to stock and property investments but in any field, high risk means high profit. The rate of increase is simply the proof. Just if you have the knowledge but if you are just here because of impressions, much better to have a pause and learn things be first.
Right. The initial interest in bitcoin was for the potential for profit. If talk about me. Later, with a little more in-depth study and the beginning of awareness of the possibilities of this technology, interest turned towards financial independence and digital freedom. It still seems unimaginable to me. You can be anywhere in the world and not depend on any banks and governments. OP. If you want to learn more about bitcoin - just start reading info on this forum and your efforts will be rewarded.
One thing that interests me about Bitcoin is the fact that it helps me make secure and transparent payments without the fear of figure manipulation and the fact that it's different from traditional currencies, which mean no physical Bitcoins, so they cannot be counterfeited or stolen by hackers unless I am the one who misplaces my key phrase.
It's a form of investment and savings for my future generations, and it's fun to be part of the innovative technology that is gradually dominating the digital market.
It's a form of investment and savings for my future generations, and it's fun to be part of the innovative technology that is gradually dominating the digital market.
If you don't really understand bitcoin then you need to read this article.
[1] https://www.coindesk.com/learn/
[2] https://bitcoin.org/en/how-it-works
[3] https://bitcoin.org/bitcoin.pdf
Many people are attracted to bitcoin because of its technology, privacy, anonymous, P2P etc. Why am I interested because a significant increase can be more than 10x or even more, but don't just look at it from the sweet side, because volatility is very high, the risk is high, all of that must be understood and this article will help you understand it a little.
From my point of view why choose bitcoin to invest because in the future bitcoin will be higher for several reasons.
[1] https://www.coindesk.com/learn/
[2] https://bitcoin.org/en/how-it-works
[3] https://bitcoin.org/bitcoin.pdf
Many people are attracted to bitcoin because of its technology, privacy, anonymous, P2P etc. Why am I interested because a significant increase can be more than 10x or even more, but don't just look at it from the sweet side, because volatility is very high, the risk is high, all of that must be understood and this article will help you understand it a little.
From my point of view why choose bitcoin to invest because in the future bitcoin will be higher for several reasons.
Profit potential. I guess most of the people here have the same reason. Not unless you are having big transactions on a daily basis 'coz avoiding tax might probably be the reason. But if you're a casual investor, it is obvious that market volatility could be taken advantage especially if you have the knowledge of somehow drawing a pattern not only with Bitcoin but also with other cryptocurrencies' market price. Indeed it is more risky compared to stock and property investments but in any field, high risk means high profit. The rate of increase is simply the proof. Just if you have the knowledge but if you are just here because of impressions, much better to have a pause and learn things be first.
Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?
I'm not qualified to answer your question because until now i have never bought Bitcoin. I just want to share my perspective on Bitcoin, and why we should invest there (not talking about the technology). First of all, Bitcoin has a max supply of 21M coins. This number will never increase, which means there will be a limit to inflation in Bitcoin. In contrast to gold which does not have a maximum supply. From this point of view, we can judge that Bitcoin has more store of value than gold which people say is the best store of value.
Even though i haven't been able to buy Bitcoin, at least i can get it for free through the faucets that i currently use, such as Bestchange, Freebitco.in and Yannik.biz. Hopefully i can get my first Bitcoin in the near future.
Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?
You can benefit from bitcoin a lot, first of all, it can be an opportunity for you to earn money if you are unemployed right now, how do you do that? Of course, you need to know and learn how to have bitcoin and how to do trading in this industry.
In addition, this bitcoin can also be saving for your future, the beauty of this is that the value you sell for bitcoin can be 10x or 100x depending on what happens, then you can also apply it to a business if you already have a business, and you can send 24/7 even anywhere in the world via money transfer.
Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?
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