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Topic: Why do people want Bitcoin? - page 3. (Read 2653 times)

full member
Activity: 1036
Merit: 144
Penguin Party 🐟
February 21, 2018, 04:01:36 PM
People want bitcoin simply because btc was worth 6 k a week anda half ago and its staying around 11k now, that and because we are our own bank what more reasons do you want
full member
Activity: 420
Merit: 105
February 21, 2018, 03:49:26 PM
The main reason for buying Bitcoin is that people want to increase their money so they see Bitcoin as an easy investment without taking into account the risk involved in cryptocurrencies market whereas they should always research thoroughly about everything they want to invest in.
newbie
Activity: 94
Merit: 0
February 21, 2018, 03:47:34 PM
Bitcoin is a decentralized digital currency, any transaction done with BTC cannot be traced and taxed.
full member
Activity: 658
Merit: 108
February 21, 2018, 03:36:50 PM
People want bitcoin because let's be serious...who does not want money? Bitcoin is the currency for the future and it is profitable also

It's not that easy. All the  people love money. But there is no guarantee, they can make money with bitcoin. There is no doubt that bitcoin is a risky investments. I personally believe bitcoin, but we should not ignore the risk.
hero member
Activity: 1008
Merit: 501
February 21, 2018, 03:32:54 PM
People want bitcoin because let's be serious...who does not want money? Bitcoin is the currency for the future and it is profitable also
member
Activity: 168
Merit: 10
February 21, 2018, 03:09:31 PM
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.

Just like you said... but in a simpler term "decentralized". People liked bitcoin because it is a decentralized currency who's value fluctuate high nowadays because of high demand. And with that, it is considered as an asset. It also offers a great way/s for investing money since the return of investment is indeed high. You can buy the stuffs that you want using BTC, but since BTC is not acknowledge everywhere, you cannot use it conveniently in the real world. Especially in those countries who do not regulate or establish Bitcoin BTC yet.
jr. member
Activity: 132
Merit: 1
February 21, 2018, 02:56:29 PM
I think the people already wanted something else than a corrupt banking, financial system. They want to put their trust on something they know that no one can control. Also aside for being just a digital currency, it also acted now as an high profiting asset due to its limited supply. People will go crazy on something that can give them financial freedom by earning it through trading, investing or even in Bitcoin campaigns and tasks.
sr. member
Activity: 476
Merit: 256
February 21, 2018, 02:52:40 PM
BTC is highly risky and return is high compared to risk.Everyone know that they their expectations can be come up only with BTC.BTC is based on block chain which is more safe and secure.Return in BTC can multiply your investment.2017 was breakout for year many people became millionaire/billionaire.BTC can lead you toward high return.Profitability margin is high in BTC as compared to other growing cryptos like ETH,RIP,that is why BTC is the first choice of people and vise versa.

jr. member
Activity: 203
Merit: 3
February 21, 2018, 02:46:17 PM

BTC is also a safe medium of exchange with complete anonymity. its an investment venture that provides high chances of recouping their invested capital. people mainly invest on BTC for its profitability.
jr. member
Activity: 406
Merit: 1
February 21, 2018, 02:40:19 PM
For the first time I heard about bitkoyne back in 2015, but considered it some other temporary trend, which will soon die. But then I realized that I was far behind life ... I began to actively study this topic! And that's understandable: Bitcoin is a new kind of money and it's like digital gold, which is growing very fast!
newbie
Activity: 65
Merit: 0
February 21, 2018, 01:14:15 PM
it's not just bitcoin, but all cryptocoins are wanted, i myself am looking for new cryptocoins, check out BPS, an ICO from bitpaction.com.

ICO date: 1-28/02/2018. BPS token symbol, 
1 BPS ≈ 0.0000282 BTC
1 BPS ≈ 0.00028275 ETH
You can visit the site for more details and whitepaper.
full member
Activity: 2142
Merit: 183
February 21, 2018, 01:08:37 PM
Of course, people want to have bitcoin primarily because they want to get high profits from the growth of its course. Already then there is the possibility of using bitcoin as a digital currency, which can be translated without intermediaries to any point of the globe at any time of the day and relatively anonymously.
However, recently a lot of coins appeared on the market, which, in terms of their functionality, outperforms bitcoin, including they provide or can provide the same great profit as bitcoin. Therefore, in the future bitcoin expects a strong competition.
sr. member
Activity: 658
Merit: 253
February 21, 2018, 12:31:57 PM
Bitcoin is something new, for many not quite clear, and that it is not clear whether you want to buy or at least participate in it, so-more if it is a profit. In the future, perhaps we will all use only cryptocurrencies or something similar, the world is changing.
member
Activity: 228
Merit: 10
February 21, 2018, 09:24:32 AM
people want bitcoin we all want to earn a money and we can invest so are money can grow and we can buy are want's and this is the best crypto currency now .
jr. member
Activity: 182
Merit: 4
February 21, 2018, 09:17:56 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.

For me, they want bitcoin because they need a more money. I think that the money they earned here in bitcoin they used it to their expenses like to their bills that they need to pay. Also I think that they want bitcoin because they have a emergency expenses and some of the bitcoin user the money that they earned here in bitcoin they give it to their parents for their daily expenses.

All of us need to support our daily needs and we the people who wants Bitcoins for our individual goal on how to survive. We choose Bitcoin because we know that many people who are now rich recieving benefits coming from Bitcoin. And people who wants Bitcoin are the people who wants to be rich.
full member
Activity: 323
Merit: 100
February 21, 2018, 08:40:24 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.

For me, they want bitcoin because they need a more money. I think that the money they earned here in bitcoin they used it to their expenses like to their bills that they need to pay. Also I think that they want bitcoin because they have a emergency expenses and some of the bitcoin user the money that they earned here in bitcoin they give it to their parents for their daily expenses.
full member
Activity: 281
Merit: 100
February 21, 2018, 08:39:24 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.
They want bitcoin, it is simply because bitcoin is very expensive and very famous today. If they can have 1 bitcoin then they are rich and can be a famous after all.
full member
Activity: 310
Merit: 103
Rookie Website developer
February 21, 2018, 08:36:58 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 have been looking for something thats handy and a little bit of comfy, and they found that on bitcoin. As for their money that could grow higher its the twist! we can really see that, teens, adults, everyone who know internet can use this and to think it is the easiest way of internet banking! and its amazing to think!
member
Activity: 231
Merit: 10
February 21, 2018, 08:36:29 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.

For me, they want bitcoin because they need a money or a source of income. I think they use the money that they earned here in bitcoin, they give it to their parents or they have a emergency expenses. I want also bitcoin because my bitcoin is one only this is not enough for my needs or our daily expenses with my family.
newbie
Activity: 98
Merit: 0
February 21, 2018, 08:29:40 AM
People like bitcoin because it is an investment asset to many, there is no controlling network, no need to receive permissio  from one person to participate in the network and the most convenient way to make a payment on the internet.
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