Why do people want Bitcoin? - page 33.

melch100

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Quote from: George P. on January 31, 2018, 05:50:31 AM

Bitcoin and ether are cryptocurrencies who can be used as a store of value!! So some people want to store their money into bitcoin in order to make more money.

I agree, bitcoin have a high value that is why people want to have it, also though bitcoin price drops now it will sure recover soon and will increase again.

cloudbleron18

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Quote from: CrystalPham on January 30, 2018, 09:33:32 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 because there are lots of people in this world that no have a job.Bitcoin for now is very popular and this is the online job that very easy to earn money as well.maybe it is too long to wait but it is not hard to do.

sgenuine

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Quote from: shezu007 on January 30, 2018, 09:35:23 AM

Bitcoin is a crypto currency and can be convertible to any other currency as everyone in the world are trying to earn more and more money because money is the basic need of life and bitcoin is a currency which have very high price and can be easily earn so that is why everyone want bitcoin.

This cryptocurrency can be sent to any corner of the world. The commission for it so low, that it makes people choosing exactly Bitcoin for these transactions. Additionally, BTC is a very valuable crypto that will overcome the temporary period of stagnation and go up.

Ridwan.P

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everyone knows if bitcoin is a digital currency. and most of them have only known about it recently. and I agree, from so many people. the reason why they want bitcoin is bitcoin as a good investment tool for the future. can be profitable in a short time. and can also change one's economy. and I agree for all the simple reasons as above.

FlintJuan

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People want bitcoin because it is good value or high value than others that such as a best alternative work or job.

AimHigh

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Even me i want bitcoin for my daily transaction it easy to use and convertablr in any currency. Bitcoin is the new money of all country this is we called digital money that can we use in any transaction like buying loads, paying bills, shop online so the bitcoin was easy to transact we can also use as a remittance also. Bitcoin value was also not stable and you can stock and earn if the value was rising so that is why i like also bitcoin.

chikading2016

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On my own opinion, just simply they find bitcoin as an easy way to earn money and also to be rich. People want bitcoin for many purposes, but mostly the reason is to help their self to lift up from poverty and help their family. Bitcoin now a day will be the future currency that helps people to achieve and to reach their goals in life. That is why people striving for this opportunity to change their life. This are one of the reason why people want bitcoin.

Walterzenga

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Quote from: CrystalPham on January 30, 2018, 09:33:32 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.

...
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Really sorry for this question but I've been looking into Bitcoin for a while now and ( maybe to late) ready to take the leap. The only problem I have us where is the best place to buy them?

redsun114

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Quote from: imapessimist on January 30, 2018, 12:40:32 PM

People want Bitcoin because they see some have made lots of money from it and they think they will do the same.

When you see someone being benefited with this amazing coin and they are telling you with much intention then definitely a person can think of doing such thing for himself. And this is really happening all over the world that those people are showing off their wealth before and after, and people are being inspired with it. So this runs like a chain and it will definitely amazed the whole world.

hrdgaul

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many people want bitcoin because for the current condition botcoin is not just a medium of exchange or a means of payment only, but bitcoin itself has a value that is more than just exchange rate only. Bitcoin is one of the promising investments for the foreseeable future.
in addition, many people who want bitcoin because bitcoin can change a person's life, can help meet the necessities of life, can help a person get a new job, help someone in realizing his big dream, and certainly with bitcoin can increase one's happiness level.

George P.

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Bitcoin and ether are cryptocurrencies who can be used as a store of value!! So some people want to store their money into bitcoin in order to make more money.

wormgummy019

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Quote from: CrystalPham on January 30, 2018, 09:33:32 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.

There are many reasons why people want bitcoin. One of the reasons is that in bitcoin we can earn money in a short period of time and also in a safe way. Just invest their money in bitcoin and then their money will earn profit. Another reason is that it is easy to convert bitcoin into money there are no hustle in depositing your money in bitcoin. And I think the last reason is that the profit that they earn from bitcoin is high.

fuding12

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The bitcoin price that tends to keep increasing and increasing over time puts Bitcoin in a privileged position. Many people who are interested in making a profit from the fluktuating of bitcoin price. And i think, the most importantly is bitcoin with the Blockchain technology is a revolutionary mechanism in solving many things, especially in the financial world.

Danv

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It depends on each person interest of why they want bitcoins, some view this as a digital currency which can be used world wide where as some view bitcoins as an asset as this bitcoins helps to improve the living standard by investing in bitcoins and by gaining profits when the prices go up.

piterpie

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Quote from: marchrius on January 30, 2018, 09:34:58 AM

Right now speculation more than anything else I'd say...

Many people want Bitcoin by Bitcoin very well in the market as well as its price is always known to be fluctuating, which is suitable for those who have time to track Bitcoin daily, so to say everyone wants Bitcoin. to own but to get is very difficult

RamBahadur.Gurung

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Quote from: Roydgon on January 31, 2018, 04:59:57 AM

Conventional money transfers cost money, because you need to ensure their safety, keep records and check the absence of double payments. For this intermediaries take a considerable interest. Moreover, it is the interest from the cost of translation - as if $ 100,000 is 100 times more difficult to transfer than $ 1000. With the help of Bitcoin, you can transfer funds to anywhere in the world for a scanty cost, independent of the transfer amount. It is very convenient.

I agree that for big amounts (such as $100,000 or above), Bitcoin is a suitable method of transfer. But how many people do transfer that big amounts? May be less than 1%. So are you saying that BTC is suitable only for this 1% population?

mel0924

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Quote from: CrystalPham on January 30, 2018, 09:33:32 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 simply because they want to earn money. When you earn bitcoin , you earn money. Also there are many opportunities with bitcoins. Just joining bounty campaign here, you can really earn more bitcoins especially when you have enough time to do some work here.

lucian999

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people like bitcoin because they want to earn a lot of money with bitcoin they like it because other people reretire their job for him.

mutrang23

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Quote from: zhangfeng666 on January 31, 2018, 04:37:40 AM

Because bitcoin is the king of cryptocurrency.
It has great value.
Bitcoin can be exchanged for a large number of legal tender.

Bitcoin is the king of crypto, but every bitcoin deal is not legal. Many people have given up bitcoin because their country prohibits Bitcoin and all transactions are considered illegal.

Blue2012

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As I can see, people like bitcoin because it is indeed very beneficial. First main reason is we can earn decent amount of income by doing signature campaigns, trading or even investing. Depending how wide your knowledge is in cryptocurrency. And last thing would be its efficiency whether in terms of security or transactions.

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