Bitcoin is the most successful coin till now and there is no coin available till now who can bit that coin by giving as benefits and facilities as bitcoin gives. That’s why people wants bitcoin at their first choice. Yes there are some problem and risk to deal with it because this coin is very expensive and many poor people can not effort to pay there and if they losses then they will have a very big loss but if your luck shines then you will be gainer.
There is no relation between any bank or government with bitcoin so you don’t have to pay any extra taxes by dealing with it and you can transfer money one place to another with a very low fee by using bitcoin. There are many facilities available in bitcoin and people can get these thing easily by using bitcoin.
Topic: Why do people want Bitcoin? - page 22. (Read 2653 times)
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.
Yeah, you are right. Bitcoin is a currency in virtual world which it also act as new currency because it is starting to boomed and famous today. Bitcoin can be a good asset for us and an opportunity to be rich in easier way. 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.
Your “money” is nothing but digits in a database. Bitcoin's database is secured by the most powerful computer network in human history. What's securing your bank's database?
Losses with Bitcoin occur at the human to network level. This is comparing pineapples and oranges.
IMO it's completely misleading to call it the fastest computer in human history, because it's not a single computer, but a network, and the network is run by ASICs, so again we're comparing apples and oranges.
People don't care how their money works, they just want it to work. Bitcoin works, but without consideration for the negatives of being your own bank, people don't have a compelling reason to move across from where they are already. And TBH, these half-truths don't help, IMO
Losses with Bitcoin occur at the human to network level. This is comparing pineapples and oranges.
IMO it's completely misleading to call it the fastest computer in human history, because it's not a single computer, but a network, and the network is run by ASICs, so again we're comparing apples and oranges.
People don't care how their money works, they just want it to work. Bitcoin works, but without consideration for the negatives of being your own bank, people don't have a compelling reason to move across from where they are already. And TBH, these half-truths don't help, IMO
Many people like bitcoin because it's very profitable and it give us money to use in our daily lives.Bitcoin is digital currency that lots of benefits they gives,bitcoin is a currency that had a very high price and we can also invest in bitcoin, Bitcoin give us unlimited income to make our future financially secured and successful.
people need money to spend it for their life, bitcoin and it's growth help people to this faster
bitcoin is a new gold
They believing the values of bitcoin that’s why people interested to earn to their own and a lot of purposes to pursues in bitcoin and giving choice to invest here because to make income easier for themselves
Well, all those people who have such kind of thoughts regarding bitcoin are correct. Bitcoin is indeed the simplest and easiest way of becoming rich in present time. All you need to do is, buy some bitcoin or earn it by joining a signature campaign then hold it on for long. Pretty much smooth way of making profits. I also advise to avoid high expectations. It is said that do not expect but hope.
Because using Bitcoin, it very convenient to use as a payment globally. We all know that we have different currencies depending on the country we have. So, using Bitcoin in some of our daily transactions is a great way to use Bitcoin.
I think the main reason to invest in bitcoin is the same as to invest in any other assets - make capital. Bitcoin is a volatile currency, thereby many people hope to gain a lot from trading.
Another purpose of investing in Bitcoin is that people believe it will cost much more in the future, because the amount of coins is constant and can’t be more than 21 million.
Also, some investors prefer to diversify their investment portfolio and in this case Bitcoin looks like a worth idea to put some money in.
Another purpose of investing in Bitcoin is that people believe it will cost much more in the future, because the amount of coins is constant and can’t be more than 21 million.
Also, some investors prefer to diversify their investment portfolio and in this case Bitcoin looks like a worth idea to put some money in.
Because Bitcoin doesn't discriminate. You can use it anywhere in the world, to send value almost instantly, nearly for free. Transferring Bitcoins costs just a few pennies and you can send as much value as you want. It's important to remember that bitcoins can't be counterfeited or duplicated.
The Top 5 Reasons to Use Bitcoin
It’s made for our generation
It’s fast, secure and global
Bitcoin was designed with your privacy in mind
Bitcoin is not subject to inflation
Bitcoin provides financial freedom
It’s made for our generation
It’s fast, secure and global
Bitcoin was designed with your privacy in mind
Bitcoin is not subject to inflation
Bitcoin provides financial freedom
We all know that bitcoin value are highest to all other digital crypto currencies and it also the highest when exchange bitcoin into real money because it convert into US dollars. As we can see, nowadays a lot of people is starting to invest, and saving bitcoin because bitcoin is getting more popular each day and also we wont need to spend too much money to get bitcoin. Just having enough knowledge and patience is all we need to earn bitcoin.
Bitcoin is now so popular all over the world and some people is now rich because if this so the others are so willing to use bitcoin to get their life easier to be successful.Now, people are wanting to have a piece of th pie, and now everybody else are just rushing to get their hands on bitcoin as well as the other cryptocurrencies. I can say that cryptocurrency is the next big thing that have happend in the history of humanity.
I agree that Bitcoin is mainly wanted or in-demand for its price action. It's sad that not many people look at Bitcoin as a payment platform for micro transactions anymore. I don't blame them since it's Bitcoin itself having difficulty in scaling.
What could be the reason why people want Bitcoin? That is somehow obvious. Despite all the letdowns, it is still the number one cryptocurrency. Not to mention it has the highest value of all.
because bitcoin has a positive impact on one's life, the price keeps rising, and more and more people are starting to invest
Its growing more and more. Thousands of wallets were lost in 2010 to 2011 imagine if thosepeople could find those... butcoin will continue to climb because if usd crashed btcwould be worth more then ever
People want Bitcoin mostly because of the earning potential it provides. Its other major function which is for payments is not as sought after.
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.
Yes i am fully accept it that bitcoin is like an asset becasue bitcoin has unpredictable price and we don't know that the next day we will get profit from it and may be we will have lose from our bitcoin. But mostly we see bitcoin give us profit, it is reason that mostly people are satisfied with bitcoin trading.
They hope that it will help them to earn money, it is some kind of chance for everyone.
Because it's decentralized and because of its high value so people have the chance to get rich in an instant if they succeed in investing on bitcoins.
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