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Topic: Why Bitcoin is the best future currency? - page 8. (Read 15940 times)

sr. member
Activity: 308
Merit: 250
November 29, 2016, 11:54:34 PM
Bitcoin is the best future currency because it has a great value when converted to paper money. Its features is great that helps many people. Like convenience of sending and receiving bitcoin. Also it hs small transaction fees than paper money. You don't need to have a bank to store your bitcoin. You only need a bitcoin wallet to be able to have your own bitcoin.
legendary
Activity: 1526
Merit: 1179
November 29, 2016, 08:17:56 AM
I use bitcoin and my reasons is give me profitable, secure, and low fees. Bitcoin also not neet id verifications, to make wallet and fill not more than 30 minutes.
bitcoin need compelling reasons that can be selected and adopted by all the future later, I do not think that the facilities are safe and low fees will make bitcoin become famous in the future, there will be competitors who have such a facility in the future
The low fee structure that was Bitcoin's selling point in the early days, is not the case anymore as the fees have gone up considerably.

Fees will only become higher as pools will more and more depend on the income through fees as block rewards will only go down throughout the years.

In that aspect, we must forget about the "low" fees because it's simply not low at all. Bitcoin will need to gain popularity by its other features.
hero member
Activity: 490
Merit: 500
November 29, 2016, 08:12:22 AM
I use bitcoin and my reasons is give me profitable, secure, and low fees. Bitcoin also not neet id verifications, to make wallet and fill not more than 30 minutes.
bitcoin need compelling reasons that can be selected and adopted by all the future later, I do not think that the facilities are safe and low fees will make bitcoin become famous in the future, there will be competitors who have such a facility in the future
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
November 29, 2016, 07:58:55 AM
For me the reason is because of the volatility of it.you can easily earn some profit into it. Trading BTC it self, the price now is not the same price tomorrow that's why I like it and BTC is the best for me.
member
Activity: 80
Merit: 10
November 29, 2016, 07:57:21 AM
It is because that bitcoin have many advantages compared to other currencies, it's can be used anyway and also money can be transfer from everywhere to everywhere, and more other different befits.
klf
legendary
Activity: 1344
Merit: 1000
November 29, 2016, 07:54:16 AM
Bitcoin is the best future currency because of new technologies and people want faster transaction then we people need a digital currency.

I don't know whether it will become a future best currency, but it will survive for quite longer time compared any other cryptocurrencies. As of now for me, it is one of the best product for investment and making quite a consistent profit from bitcoins. I do agree that these transactions are quite safe and fast compared traditional ways of sending money.
hero member
Activity: 1190
Merit: 534
November 29, 2016, 07:40:28 AM
Yes having totally digital existence is the important reason for bitcoin’s popularity but still, I think some people will still use the fiat currency and even in cash in every time frame.  Most of the users who use cryptocurrency will always give priority to the bitcoin because of the various reasons such as strong values, large community and vast scope. Bitcoin will be one of the major fund transfer option but the reason is bitcoin’s core values and not the current situation of that time.
legendary
Activity: 1134
Merit: 1599
November 29, 2016, 07:03:43 AM
I think it is because it's hard to track but not impossible (which is good for stuff like crimes to have a little bit of chance for us to find the criminals), it's fast and easy to use. Also, this revolutionary Mining idea is great and who knows how we can use it in the future for something very important?
hero member
Activity: 924
Merit: 1001
November 29, 2016, 05:59:53 AM
I use bitcoin and my reasons is give me profitable, secure, and low fees. Bitcoin also not neet id verifications, to make wallet and fill not more than 30 minutes.
to me the main reason is that as the new generation trend it toward online business and shopping,  therefore bitcoin is so much convenient for them as they can use bitcoin without changing it into any fiat currency, as having same value everywhere,
Not same value there is exchange has low rate to exchange it and bitcoin is unpredictable they are just using bitcoin because of low fee unlike other payment processor.. this is why some company or shops online are accepting bitcoin because of less fee than the other payment method..
And many some rebates promotion that we can get unlike in other payment method..
The good thing is many local exchange that you can exchange your bitcoin instantly in to fiat..  that is why worldwide can use bitcoin as good alterntive payment method online.. not good as local currency because there is some places that has no internet..
full member
Activity: 205
Merit: 100
November 29, 2016, 05:59:09 AM
Bitcoin is the best future currency because of new technologies and people want faster transaction then we people need a digital currency.
newbie
Activity: 3
Merit: 0
November 29, 2016, 05:53:04 AM
Bitcoin is in step with the times, its revolutionary technology has introduced completely new payments system which no one would have imagined to be possible.  I think that bitcoin will continue to grow until it creates a colossal impact to global economy.  
member
Activity: 1078
Merit: 12
November 29, 2016, 03:52:31 AM
Only stayed one step longer bitcoin became the best global currency, namely the consent of the central banks of each country. If the world bank use bitcoin and recommend to all countries, I'm sure it could be consummated quickly.
MMA
legendary
Activity: 1134
Merit: 1000
November 29, 2016, 02:36:24 AM
I use bitcoin and my reasons is give me profitable, secure, and low fees. Bitcoin also not neet id verifications, to make wallet and fill not more than 30 minutes.
to me the main reason is that as the new generation trend it toward online business and shopping,  therefore bitcoin is so much convenient for them as they can use bitcoin without changing it into any fiat currency, as having same value everywhere,
hero member
Activity: 1092
Merit: 500
November 29, 2016, 12:44:47 AM
There is so much more then this.   I can think of a ton of digital currency that does not need to be physical... that is utter crap.  There are a ton of pump/dump alt coins out there.  I would not touch them.

Bitcoin is currently and has been like the gold of crypto currency.  It holds the most value, has the most companies going after it.  There is value behind it.  I think the value is what set's it apart.


That's true and correct, most of the time pump and dump are often happened in the altcoins only, compare into bitcoin pump and dump is very hard to apply that's most of the business minded person adopting the system of bitcoin because of its unique edges compare to other opportunity.
hero member
Activity: 490
Merit: 520
November 29, 2016, 12:16:42 AM
@OP, I personally prefer it when there is some physical currency involved because it makes sure that I'm able to use it even when the power goes out, but that's not something I'm primarily worried about.

Bitcoin is the best future currency because it has no-one directly controlling it, it is a deflationary currency and your value of work actually means something, and there won't be a loss of value in the future.
sr. member
Activity: 1722
Merit: 252
November 28, 2016, 11:42:04 PM
I use bitcoin and my reasons is give me profitable, secure, and low fees. Bitcoin also not neet id verifications, to make wallet and fill not more than 30 minutes.
sr. member
Activity: 602
Merit: 250
November 28, 2016, 11:08:28 PM
The best reasons are:
No physical currency involve!
i feel because bitcoin huge price increase.. different with local currency that is always inflation
legendary
Activity: 2940
Merit: 1083
October 03, 2016, 07:51:40 PM
i think the main reason is that bitcoin is the universal currency and people are using it for multi purposes, for investment, trading and as currency, and you can even use bitcoin in all over the world having single value every where.

I agree with the single value thing but is it really good as a worldwide currency? We know countries differ in their currency and they also use it as a basis of strength of each other. So they might be conflicts if ever used worldwide.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 03, 2016, 07:48:24 PM
i think the main reason is that bitcoin is the universal currency and people are using it for multi purposes, for investment, trading and as currency, and you can even use bitcoin in all over the world having single value every where.

You are right with it, because of bitcoins popularity and more investors are starting to like bitcoin. And instead of using other alt coins they are preferring more to use bitcoins rather than with those new alt coins. And besides with the good services that bitcoin is offering like fast confirmation and transactions that is making it the best crypto.
sr. member
Activity: 308
Merit: 250
October 03, 2016, 04:04:40 PM
i think the main reason is that bitcoin is the universal currency and people are using it for multi purposes, for investment, trading and as currency, and you can even use bitcoin in all over the world having single value every where.
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