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Topic: Why do people want Bitcoin? - page 25. (Read 2653 times)

hero member
Activity: 686
Merit: 502
February 02, 2018, 04:02:28 PM
Because they recognize that crypto terms such as Bitcoin are no more virtual than conventional money.
Bitcoins do not have value as a physical commodity, such as gold, and are not accepted as a legitimate tender, like dollars.
People want Bitcoin because it's popular. Bitcoin is a social network. The community of bitcoins is active and acts like other online social networks.
Bitcoin is decentralized and limited. This is an important factor for many Bitcoin users. Bitcoin is difficult for governments to track and collect taxes. In addition, unlike financial money produced by central banks, there is a restriction on common bitcoins, limiting how much the currency can depreciate due to inflation.
newbie
Activity: 196
Merit: 0
February 02, 2018, 01:55:31 PM
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. Bitcoins are created as a reward for a process known as mining which also helps in keeping huge amount of a currency, i still prefer bitcoin.
jr. member
Activity: 2114
Merit: 2
February 02, 2018, 01:37:43 PM
hlo everyone....
  we all know that bitcoin is now most valuable crypto currency in online.  we can easily convert bitcoin into real money...we also use bitcoin for various perpose in online...i think. . so that people want bitcoin.
newbie
Activity: 172
Merit: 0
February 02, 2018, 01:27:58 PM
Bitcoin is a crypto currency and can be converted to other currencies as a result of money is a basic need of life and bitcoin is a currency that has a very high price and we can also invest in bitcoin. Smiley
member
Activity: 826
Merit: 11
February 02, 2018, 01:16:48 PM
People want bitcoin because of the fact that if you knew how to deal with it you will surely gain something for your self and even for your family and that would make you feel quite fulfilled. Like for me since I've known bitcoin it gave me the chance to learn alot of things especially crypto trading and I have now the opportunity to earn while still at home looking after my kids and taking care of our home.
full member
Activity: 462
Merit: 100
February 02, 2018, 12:11:21 PM
I think the reason why people want bitcoins now is because of the potential it has to be a huge successful digital currency to be ever used mainstream. That's why I think a lot of people are investing in bitcoins and holding until bitcoins finally booms all over the world.
sr. member
Activity: 343
Merit: 250
February 02, 2018, 12:09:00 PM
the reason behind people wanting bitcoin is because it is the best cryptocurrency and maybe out of curiousity since bitcoin is now getting a lot of recognition through news report and articles. And of course it is considered as an asset and investment. We can earn from bitcoin and also reduces the unemployed.
full member
Activity: 798
Merit: 121
February 02, 2018, 11:50:28 AM
As I think people like bitcoin because of many reason. First is it the first digital crypto currency. Second is we can use bitcoin to convert in money to buy stuffs that we need. The third one is bitcoin help us to earn more savings for our future needs.
People like bitcoin because it give us money to use in our daily life. Bitcoin is digital currency that lots of benefits they gives, bitcoin give us unlimited income to make our future financially secure and successful.
newbie
Activity: 308
Merit: 0
February 02, 2018, 11:42:50 AM
because people know that bitcoin never destroy, so
newbie
Activity: 182
Merit: 0
February 02, 2018, 11:35:06 AM
now bitcoin coming into the market as a exchanging method. definitely in future bitcoin will come into the market like USD.
sr. member
Activity: 378
Merit: 251
February 02, 2018, 11:19:29 AM
Bitcoin is very expencive and when people seeing price they just going mad and trying to find an opportunity to get some coins.
People always want more and more money...that's all.
newbie
Activity: 24
Merit: 0
February 02, 2018, 11:02:30 AM
bitcoin is a virtual currency that continues to grow in this digital age, many people who can already use this currency to transact. and why many people want it, because it always increases the value of this currency all the time, although it is currently experiencing a significant decline, but I am sure in the future, this bitcoin value can be stable again.
member
Activity: 238
Merit: 10
Hello World!
February 02, 2018, 10:59:40 AM
I think, people wants btc because it is beneficial to them. For me, I want btc because I know it can help me earn money. I believe through btc I can buy my necessities and sustain them.
member
Activity: 378
Merit: 12
February 02, 2018, 10:59:35 AM
Mostly they want him because of speculation. Also in some countries Bitcoin can give you equal rights for women (some African countries) or more stable(!) currency than national (Venezuela).
newbie
Activity: 79
Merit: 0
February 02, 2018, 10:54:56 AM
Bitcoin is becoming popular mostly among the people by today, and also people are doing jobs related to bitcoin such as mining, gambling, selling, and buying. Bitcoin is virtual money. Bitcoin could make people rich in shot time period. That’s why, people want bitcoin.
newbie
Activity: 28
Merit: 1
February 02, 2018, 10:53:10 AM
The bitcoin can be converted into fiat money when needed, that is another advantage that people do not fear in investing in bitcoin in addition to all the ones you selected. But be careful, I would not rate bitcoin as an asset.
full member
Activity: 162
Merit: 100
February 02, 2018, 09:42:37 AM
People want bitcoin because bitcoin is Money, everyone wants to get rich and investing on Crypto is the easiest way for a young dude in the street to rich quicker.
There are a lot of people who became financially stable because of bitcoin and that inspires a lot of people to do the same. They also want to achieve that point of their life where in they don't need to worry about the bills they need to pay or the food they're going to eat, even the preparation for their future. That is why a lot of people wants to get to know bitcoin.
newbie
Activity: 147
Merit: 0
February 02, 2018, 09:23:32 AM
Why do people want bitcoin? People like bitcoin because is the new faces of currency. In digital technology bitcoin gives hope and fortune in cryptocurrencies because of its fast growth in trading. Bitcoin is money that increases its value and can easily be trade and converted into cash.
member
Activity: 168
Merit: 10
February 02, 2018, 09:20:06 AM
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.
people want bitcoin because it gives easy money,bitcoin has lot of benefits we get,we buy what we want because the money we get on it.
newbie
Activity: 84
Merit: 0
February 02, 2018, 09:14:37 AM
People like Bitcoin because of many reason, bitcoin is the king of cryptocurrency. Bitcoin give a hope to us to earn more, we can use bitcoin to convert in money to buy daily necessities.
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