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Topic: Why do people want Bitcoin? - page 36. (Read 2653 times)

full member
Activity: 742
Merit: 144
January 30, 2018, 06:18:37 PM
#86
People want bitcoin because they think that they will be rich in short ways and easily. For that reason they’re buying btc. I also want and trust btc, but still i prefer to keep in mind it has some risks too.

Because people needs bitcoin not just to make money but of course to make a faster transaction easily around the world. Well bitcoin is great in terms of making money and maybe that is why people are keep on investing. I want bitcoin to change my life financially and he made it, now its my time to share people about bitcoin.
full member
Activity: 202
Merit: 102
January 30, 2018, 06:16:15 PM
#85
They want to make money but people also like the technology behind bitcoin.
In most and very general reason I people wants bitcoin is because they want money that much, well I am not trying to be hypocrite here because I admit why I started to bitcoin is because I NEED  to make extra money like most of us here and later on people most reason when they already making or earning enough money is to have a career in bitcoin, like they want to rank up and learn everything so they can apply as a manager and make their own campaign that will help to our society for a better future..
full member
Activity: 378
Merit: 100
January 30, 2018, 06:15:57 PM
#84
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 is very interesting because of its value in the market that keeps on increasing. There are also a lot of social media's who are spreading the news about bitcoin's value in the market day by day and that's how cryptocurrency are getting investors, by promoting on social media's.
sr. member
Activity: 448
Merit: 250
January 30, 2018, 06:11:54 PM
#83
People want bitcoin because they think that they will be rich in short ways and easily. For that reason they’re buying btc. I also want and trust btc, but still i prefer to keep in mind it has some risks too.
member
Activity: 168
Merit: 22
January 30, 2018, 06:09:16 PM
#82

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,I think it's better to use fiat money in the meantime
in purchasing or paying bills like in some hotels while its price is still unstable and stuck on its current value.In that way you wont regret if bitcoins price will rise in the future.IMO,it is wise to hold bitcoin fo the moment and if necessary don't spend it for some unworthy things because sooner or later a sudden pump of its price will occur,who knows? and its a thing that can't be undone.
full member
Activity: 826
Merit: 104
January 30, 2018, 06:06:00 PM
#81
bitcoin is the future thats why peoplewant bitcoin.
bitcoin will change peoples fortune.
hero member
Activity: 1139
Merit: 500
January 30, 2018, 06:02:29 PM
#80
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.
They want bitcoin because it helps them through their living. It helps them to provide their daily needs, to support their financials and provide some of our desires. They want bitcoin because it is already proven by everyone who works here. Bitcoin helps them earn a huge amount of money that they can use to their living. Bitcoin makes their like easier like buying stuffs online, sending money everywhere that easily and etc. Bitcoin helps us everything in our life thats why they really want bitcoin.
full member
Activity: 196
Merit: 121
January 30, 2018, 05:48:47 PM
#79
Personally because they like it. They like the benifits it is giving in their lives. And let's talk about the impact of bitcoin in people's lives. People earlier before bitcoin, gives funds to their receiver hardly. But with bitcoin, people got the chance for them to send money without breaking a sweat, Perhaps an internet is most probably the needed thing in here and it creates a new market for investments no hassle for this anytime and anywhere you can see the progress.
newbie
Activity: 126
Merit: 0
January 30, 2018, 05:40:07 PM
#78
its a digital currency that is growing vast and can be transferred to any part of the world, its safe reliable and untraceable
MiF
sr. member
Activity: 1442
Merit: 258
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January 30, 2018, 05:33:44 PM
#77
Bitcoin was developed with the objective to create a decentralized currency. With cryptocurrencies you're able to have international transactions fast and safe,  cutting out the middlemen. However, with the high volatility bitcoin is mostly used as an investment asset, that gives extremely good earnings.
People wanted to have bitcoin for good and it is really now become  the most popular way of gaining because it has a verry simple  features and way to earn a lot of huge profit.I believe that people wanted to have more bitcoin in preparation of the near future because the price of bitcoin is not stable and it can really become more profitable if the price rise someday that is why many people wanted to have more bitcoins today.
newbie
Activity: 182
Merit: 0
January 30, 2018, 05:25:01 PM
#76
The effect of the HYIP, as well as the law of supply and demand. In this case, one stimulates the other. The more people want bitcoin, the more expensive it is. And the more expensive is bitcoin, the more people want it.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
January 30, 2018, 05:14:13 PM
#75
Bitcoin was developed with the objective to create a decentralized currency. With cryptocurrencies you're able to have international transactions fast and safe,  cutting out the middlemen. However, with the high volatility bitcoin is mostly used as an investment asset, that gives extremely good earnings.
member
Activity: 266
Merit: 10
January 30, 2018, 05:13:52 PM
#74
There are now many countries that recognize the potential of bitcoin in transactions, in e-commerce, that legitimizes the use of bitcoin. In countries like Japan, Europe, USA, ATM Bitcoin has become popular. With the bitcoin market booming, e-commerce and online transactions are growing, the trend of bitcoin users is increasing. As more and more people use and bitcoin is applied in practice, the bitcoin price will automatically increase, because bitcoin is a limited currency, its maximum is only 21 million bitscoin which creates Rare and bitcoin value will increase dramatically in the future.
member
Activity: 168
Merit: 10
January 30, 2018, 05:12:24 PM
#73
People want bitcoin because its all in one package. It's not just a currency, its also an asset and a very efficient payment system to across worldwide. This the reason why many people want bitcoin and also hate it because of competence.
jr. member
Activity: 124
Merit: 5
January 30, 2018, 05:08:10 PM
#72
Because you can do the transaction like you want on the internet I think this is a very good thing so I am investing in bitcoine .
newbie
Activity: 4
Merit: 0
January 30, 2018, 05:00:09 PM
#71
many individuals feel more comfortable holding a part of their wealth in securely-stored bitcoin, where a central authority cannot block access or take a cut.
Recently bitcoin seems to have assumed the role of investment asset, as traders, institutional investors and small savers have woken up to the potential gains from price appreciation.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
January 30, 2018, 04:55:00 PM
#70
Why do people want Bitcoin?

Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.

Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.

you've just answered yourself with the two most reasons for people wanting bitcoin
in the beginning, bitcoin as currency is the most reason of bitcoin use
but bitcoin as asset (investment) is the most reason of today's use of bitcoin
its main usage has shifted became duality but that what makes bitcoin is unique compared to fiat currencies
newbie
Activity: 6
Merit: 0
January 30, 2018, 04:45:49 PM
#69
The increasing oversight and regulation to prevent money laundering and illegal transactions have restricted the cryptocurrency’s use for privacy reasons.
In some parts of the world, bitcoin is still a more efficient and cheaper way to transfer money across borders, and several remittance startups make use of this feature. Bitcoin’s cost and speed advantages, though, are being eroded as traditional channels improve (and the network’s fees continue to increase), and liquidity remains a problem in many countries.
newbie
Activity: 6
Merit: 0
January 30, 2018, 04:44:14 PM
#68
Bitcoin was originally created as an alternative, decentralized payment method. Unlike international bank transfers at the time, it was low-cost and almost instantaneous. An added benefit for merchants (less so for users) was that it was irreversible, removing the threat of expensive charge-backs.

However, the improvement in domestic payment methods and the rapid development of alternative (non-cryptocurrency) forms of international transfers has reduced bitcoin’s advantage in this area, especially given its increasing fees and frequent network bottlenecks.
sr. member
Activity: 686
Merit: 282
January 30, 2018, 04:37:27 PM
#67
BitCoin is slowly becoming an increasingly acceptable currency. Perhaps in the future, cryptocurrencies will replace the current money. That can happen. In many cities of the world there are already Bitomaty - bitcoin ATMs. The interesting thing is that its value is currently growing. Over the past few months, the value has jumped by about 90% and this is not the end considering that in 3 months BitCoin's volume will be halved (so-called HALVING). With increasing demand, it can only mean one thing. Yes, RATE prices. It can be a good opportunity to earn money easily. Buying now and holding our BitCoiny for a few months on a special wallet, we can easily earn money.
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