Topic: Why do people want Bitcoin? - page 11. (Read 2653 times)
Bitcoin is the digital crypto currency. This digital crypto currency makes our life span very easy. On the other hand, Bitcoin does not have to spend too much time in it. So it is possible to earn money easily through Bitcoin. So people want Bitcoin.
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Why do people want Bitcoin?
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
People want bitcoin because of the benefits for us to be rich. Bitcoin gives hope to all people have no hope. Bitcoin helps people to survive in life. Bitcoin serves us as a source of income. All unemployed is beneficial to bitcoin to have earnings as long as you want to involve in bitcoin. They love bitcoin now because bitcoin gives us all we need. It provides all we need in material things even in helping the needy. Bitcoin can do things impossible to possible.
Why do people want Bitcoin?
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
Mainly people want bitcoins as they think that bitcoins will make them rich overnight...a person who is new to bitcoin has no sense whats bitcoins...he starts to think that mining wil give tons of bitcoin and he will be rich,...next comes when they join bitcointalk...they think that after getting jr member rank they will earn a lot...but reality is something else..we all have to work hard to get something. Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
BTC is the ist digital currency based on blockchain which is more safe and secure.BTC is very volatile.It carries high risk and high return.Its the father of all crypto market and holding top marketcap in coin market.People who invested in BTC early in 2017 or before became millionaire/Billionaire,because their investments multiplied by their return.Return in BTC is very high,2018 is supposed to be another stellar for BTC.BTC is the price setter for other cryptocurrenices in marketcap,when BTC goes up other currencies also appreciate and vice versa.After many crashes BTC never touched bottom line.Many other cryptocurrencies came into existence but could not reach to the level of BTC.So on bases of these characteristics,everyone want to invest in BTC.
People want bitcoin because it is an easiest way to earn money when I say easiest way because you don't need to work for 10 hrs a day inorder to earn. you don't need to stretch your muscle to earn.it is just there is an opportunity in bitcoin that is too good to be true. I am not saying to be a millionaire but earning extra income for family is a great opportunity bitcoin has given us.
There are as always several reasons. Some want to become rich quickly because they heard the stories we all know. Some want stability compared to their extremely inflationary home currencies. Some believe in the future of blockchain.
Bitcoin gives, in my opinion, the feeling that you are in the trend of modern technologies and is attached to this technological society. And you can tell any friend: "Hey look I have a couple of bitcoins on my wallet."
There are as always several reasons. Some want to become rich quickly because they heard the stories we all know. Some want stability compared to their extremely inflationary home currencies. Some believe in the future of blockchain.
1 of the few reason i think want make people invest on bitcoin is it Privacy.
Bitcoin transactions do not reveal the identities of the transacting parties. However, the transactions are very transparent because the public ledger records and gives visibility of the transactions. The ledger provides information of how the bitcoins were exchanged identifiable only through wallet addresses.
There is no intermediary that controls how a person uses his or her bitcoins. Ordinary payments often have limits of transactions based on amounts or geographical locations. Traditional currencies can be frozen by intermediaries such as PayPal or banks. Some organizations can limit transactions that they feel are not favorable for them. This is not the case with bitcoins
Bitcoin transactions do not reveal the identities of the transacting parties. However, the transactions are very transparent because the public ledger records and gives visibility of the transactions. The ledger provides information of how the bitcoins were exchanged identifiable only through wallet addresses.
There is no intermediary that controls how a person uses his or her bitcoins. Ordinary payments often have limits of transactions based on amounts or geographical locations. Traditional currencies can be frozen by intermediaries such as PayPal or banks. Some organizations can limit transactions that they feel are not favorable for them. This is not the case with bitcoins
Each one of us wants to reach our goals in life. To have our dream house and to be financially stable. To have a greater future is all we want. Bitcoin provides that to those who are persevere. That's the main reason why people want Bitcoin. Not just talk but in deed they prove that to us. And even if it encounters challenge upon entering 2018, it never stops proving to all of us that they can withstand whatever trials they are facing and will be facing in the future.
Bitcoin is a new currency in the digital age. It can cross From one country to another country without any banks or governments.it can now use Bitcoin number to buy stuff at Overstock or book a hotel at Expedia.People need bitcoin because they want changed their life to become more better.
one of the few reason i think want make people invest on bitcoin is it Privacy.
Bitcoin transactions do not reveal the identities of the transacting parties. However, the transactions are very transparent because the public ledger records and gives visibility of the transactions. The ledger provides information of how the bitcoins were exchanged identifiable only through wallet addresses.
There is no intermediary that controls how a person uses his or her bitcoins. Ordinary payments often have limits of transactions based on amounts or geographical locations. Traditional currencies can be frozen by intermediaries such as PayPal or banks. Some organizations can limit transactions that they feel are not favorable for them. This is not the case with bitcoins
Bitcoin transactions do not reveal the identities of the transacting parties. However, the transactions are very transparent because the public ledger records and gives visibility of the transactions. The ledger provides information of how the bitcoins were exchanged identifiable only through wallet addresses.
There is no intermediary that controls how a person uses his or her bitcoins. Ordinary payments often have limits of transactions based on amounts or geographical locations. Traditional currencies can be frozen by intermediaries such as PayPal or banks. Some organizations can limit transactions that they feel are not favorable for them. This is not the case with bitcoins
Because it's the most famous crypto currency that people talking about everyday
Why do people want Bitcoin?
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.
I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
There are many reasons for this ,bitcoin is first digital currency and it has huge potentiality in new feature :-)
For me there are 2 reasons why people want bitcoin. First, it really help someone to use their money for something that has good return. Lastly, you can gain money in an instant, then loss.
I take points from your words that assume the current bitcoin is more suitable as an asset or investment. I also like that, because now people buy to hold and expect profits.
because they want a bigger profit from their capital someday.
some are also aiming to save or save their assets by investing in bitcoin instead of saving money in the bank.
some are also aiming to save or save their assets by investing in bitcoin instead of saving money in the bank.
People want bitcoin due to its super future potential. World banking system is going through some revolutionary changes in terms of technology. Blockchain technology is going to replace the traditional banking system. Therefore, Botcoin has immense growth potential since it is based on block chain technology.Besides, demand of bitcoin is on the rise while its supply is constant. As a result there will be a huge price hike of bitcoin.
We have a group that are believers, and we have a group of people who are joining for purely speculative reasons.
I feel like more people are recognizing btc's value though.
I feel like more people are recognizing btc's value though.
They want to earn big money from btc and they want to get a better financial
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