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Topic: Why Bitcoin? - page 3. (Read 438 times)

full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
March 18, 2018, 07:32:58 PM
#26
The investment in Bitcoin has become a trend because of the current technology applied to Bitcoin - Blockchain, which is expected to be the technology to be used in the future for all industries. What's more, the Bitcoin rate is very high and has reached $ 20,000, attracting new investors around the world. But without the experience of the cryptocurrency market, investors will face a lot of risks because the market is not safe.
newbie
Activity: 89
Merit: 0
March 18, 2018, 07:13:32 PM
#25
this is my life where I trust it to have a good future and have a great success in life for our knowledge why bitcoin makes a lot of answers to the question why?
why?
 because it helps me.
why?
because it's a job that most of us should appreciate for everyone who needs a lot of money for their livelihood is just some of what I do not know why based on my stay status
jr. member
Activity: 266
Merit: 1
March 18, 2018, 06:56:37 PM
#24
because it's bitcoin because we're here and we're rich with bitcoin so it's bitcoin what I used even when I'm not paying for bitcoin is that I believe I'll be here.
full member
Activity: 261
Merit: 100
March 18, 2018, 06:56:26 PM
#23
Because its a digital currency which is accepted by many. In my country, there are companies who are slowly adapting to how blockchain works so payments will be much easier soon if you don't have local money on hand. Bitcoin is very different from gold also because as you can see, crypto value is very volatile and it could dip and pump up each second unlike gold which has a fixed value and as far as I know doesn't lose its value over time. When it comes to profit, gold takes much longer to raise its value which is very different from digital currencies that could rise up in a minute and dip in a second.
jr. member
Activity: 93
Merit: 4
March 18, 2018, 06:52:24 PM
#22
I prefer to invest in bitcoin because bitcoin can I manage on my own and also can I make a trade in the market, bitcoin also has a very fast rise value and that's one big advantage in investing in bitcoin.
full member
Activity: 588
Merit: 100
March 18, 2018, 06:50:21 PM
#21
Hello everyone! im here to Talk you about your experience with Bitcoin.

Would you please tell me, Why Bitcoin? Why not invest Gold, property or etc? Please tell me because i just a newbie, Give me a reason.

I choose bitcoin because it has the only opportunity to be rich. Bitcoin is only lve known that it gives people hope that it is possible to be rich. I'm also wishing to be one of millionaire's created by bitcoin. And the good thing is you can easily get it as long as you seek how to be wealthy in bitcoin. Bitcoin really is a big blessing to Every one.
newbie
Activity: 286
Merit: 0
March 18, 2018, 06:46:18 PM
#20
Bitcoin is the most known coin and it will dominate the crypto market for a long time, so that is the reason that I trust BTC
newbie
Activity: 210
Merit: 0
March 18, 2018, 06:44:53 PM
#19
why bitcoin..because bitcoin is bigger income as long as it works and is wise in every move it..the gold because for me it is just a material and accessories of the body and its unsafe to thieves because it saw body wearing not like bitcoin digital and hide money
full member
Activity: 336
Merit: 107
March 18, 2018, 05:21:17 PM
#18
At its center, bitcoin is a savvy currency outlined by extremely ground breaking engineers. It wipes out the requirement for banks, disposes of charge card expenses, cash trade expenses, cash exchange charges, and decreases the requirement for legal counselors in changes, every single good thing. We see bitcoin as conceivably the best informal community of all.
member
Activity: 490
Merit: 11
March 18, 2018, 05:18:06 PM
#17
do not equate the bitcoin with gold and properties
bitcoin is an investment that might be risky if you miss the point of entry
while property and gold, is an investment that gives you profit for the long term
legendary
Activity: 2814
Merit: 1192
March 18, 2018, 05:15:47 PM
#16
Personally, I got involved with Bitcoin for fun, to try it out, because my friends were telling me about it. I bought some, got interested in mining and so it went.
Now I'm still here because it's great to be a part of the financial revolution and i'm also not risking anything anymore. Whatever happens I'll always say that it was great being here. Gold or real estate? Sure maybe when Bitcoin goes up to 50,000 $ i'll think about it. At the moment real estate end gold don't offer similar returns.
full member
Activity: 322
Merit: 101
March 18, 2018, 05:08:17 PM
#15
Gold, property are material goods, you can't work on small (or larger) amount of them in short time, and you'll never be the owner about the 100% of the stuff, you have to face burocracy and third parties that wants their slice of the cake.
With cryptocurrencies there's you, managing your nice wallet. Easy and fast, no pain at all
newbie
Activity: 122
Merit: 0
March 18, 2018, 03:04:24 PM
#14
Gains here are ridiculous comparing to other investment, at least for me.
If you earn enough here, you can diversify and invest in other things too.


what makes you say silly. do you know how many thousands of people have been assisted by bitcoin from an economic point of view, at least bitcoin has given much change and if it is automatic bitcoin is the best investment for now
full member
Activity: 416
Merit: 104
March 18, 2018, 03:03:31 PM
#13
Hello everyone! im here to Talk you about your experience with Bitcoin.

Would you please tell me, Why Bitcoin? Why not invest Gold, property or etc? Please tell me because i just a newbie, Give me a reason.

Because investments in bitcoin are more risky than in gold. But they are more profitable. I think that's what attracts investors.
newbie
Activity: 112
Merit: 0
March 18, 2018, 03:01:12 PM
#12


It's hard to compare Bitcoin investment to buying real estate. You can buy a fraction of Bitcoin if you don't have money, but you can't buy a house even if you have enough to buy 2 or 3 Bitcoins. That's why for someone like me it would be impossible to buy property but bitcoin is always an option. Gold is much harder to sell and you can get scammed if you don't buy from legit sources. Bitcoin is always legit.

Yes man, I agree with your opinion. Thanks for share.
newbie
Activity: 112
Merit: 0
March 18, 2018, 02:54:51 PM
#11
Probably the main reason is its ease of access to many people. With a mobile phone you can download an app and begin trading in no time. Use a ATM or meet someone with local Bitcoins, give them a few bucks and in no time you have Bitcoin loaded up on your wallet.

With gold, properly and the other things you list you have the headaches of getting into it. Sure you may be able to hit up a local coin shop, but then they want big premiums over spot price and even more premium if it is by an well known mint. If you try to go cheap you can get stuck with counterfeit gold, even coins now have seen counterfeits. As for property like real estate, there is a whole host of headache acquiring that and then the ongoing property taxes.

Do you think whether bitcoin will continue. after google preach want to stop all about ico that i heard
hero member
Activity: 2184
Merit: 531
March 18, 2018, 02:50:42 PM
#10
Hello everyone! im here to Talk you about your experience with Bitcoin.

Would you please tell me, Why Bitcoin? Why not invest Gold, property or etc? Please tell me because i just a newbie, Give me a reason.

It's hard to compare Bitcoin investment to buying real estate. You can buy a fraction of Bitcoin if you don't have money, but you can't buy a house even if you have enough to buy 2 or 3 Bitcoins. That's why for someone like me it would be impossible to buy property but bitcoin is always an option. Gold is much harder to sell and you can get scammed if you don't buy from legit sources. Bitcoin is always legit.
newbie
Activity: 31
Merit: 0
March 18, 2018, 02:48:43 PM
#9
Gains here are ridiculous comparing to other investment, at least for me.
If you earn enough here, you can diversify and invest in other things too.
newbie
Activity: 112
Merit: 0
March 18, 2018, 02:43:38 PM
#8
Quote
Bitcoin is not just an investment, it is a form of payment, a currency.
There is no currency that is decentralized like Bitcoin.
Fiat currency is constantly being printed by governments, losing it's value.
Bitcoin has a very strict monetary policy, built into the protocol itself.

Big reason why people like Bitcoin is because it is decentralized and no one can take it from you.
It has high level of security and privacy. Government would have a really hard time confiscating your bitcoins.

its cool, your opinion is very good I am more motivated to plunge deeper.
legendary
Activity: 1078
Merit: 1011
March 18, 2018, 02:41:00 PM
#7
Probably the main reason is its ease of access to many people. With a mobile phone you can download an app and begin trading in no time. Use a ATM or meet someone with local Bitcoins, give them a few bucks and in no time you have Bitcoin loaded up on your wallet.

With gold, properly and the other things you list you have the headaches of getting into it. Sure you may be able to hit up a local coin shop, but then they want big premiums over spot price and even more premium if it is by an well known mint. If you try to go cheap you can get stuck with counterfeit gold, even coins now have seen counterfeits. As for property like real estate, there is a whole host of headache acquiring that and then the ongoing property taxes.
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