Topic: Why do people want Bitcoin? - page 38. (Read 2653 times)
I think why people want to have bitcoin is because it is the pioneer of all crypto currencies. It is only one cryptocurrency acceptable for fiat currency conversion. Also, it is proven a very profitable investment. The price and popularity of bitcoin keeps on motivating us to earn more bitcoin.
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.
Maybe because that individual users are also gaining. Their hard work in bitcoin has paid off. That's why I'm also using bitcoin because I believe that there will come a time in which bitcoin is so high valueBitcoins 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.
What hard work? People take cash and buy Bitcoin and then sit back and wait. There are no real work being done to get those
profits, only for the money that you spend to buy those bitcoins. It is a whole other thing, when you work online and
get paid in Bitcoin. {Example : Signature campaigns on this forum} ....Most people are just hoarding and hoping that the price
will go up, instead of actively spreading the word about Bitcoin.
I do see top three reasons, greed, greed and greed when I see people are buying Bitcoins without gaining any knowledge about Bitcoin or blockchain technology at least on a basic level. They are relying on the exchanges and they think that it is something like shares of the company. On the other hand, Bitcoin is something decentralized and it is against any central authority holding on behalf of someone else. We need much awareness not only about Bitcoin but also about the traditional fundamentals of money, to be honest.
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.
Maybe because that individual users are also gaining. Their hard work in bitcoin has paid off. That's why I'm also using bitcoin because I believe that there will come a time in which bitcoin is so high value 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 they see some have made lots of money from it and they think they will do the same.
Bitcoin is a crypto currency which brings mony.Every body needs mony this is why many peoples involve themselves into bitcoin.It is on line system and easy to invest.Peoples get their returns suffering no problem.
I believe that bitcoin gained most of it's fame during 2017 in December when it went through a great pump and attained the value of $19k.People want bitcoin because they want to earn easy money by riding with it through it's pump.I won't say it's that easy as investing in bitcoin also has it's risk.But yeah if one has made up their mind to take the risk then bitcoin is one of the best things to invest in to make money.
It is popular. In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin. It is recognized and accepted as a currency by many.
Every person needs money for life. And bitcoin is a valuable money because, it is a crypto currency. So, through this bitcoin, we can own a lot of money. Bitcoin is a good business. That's why everybody wants a bitcoin.
bitcoin is free of any political or financial institution who may try to change or influence its outcome and as such it provides a somewhat "incorruptible" system of trading and doing business.There is also the great advantage as its price continually shows a percentage gain over the past couple of months and as such anyone who would have purchased some bitcoins even a year ago would have seen a significant return on their investment , not only does this present a tax free investment that you can access without a bank or any financial institution but it is a means of making signicant returns in the very short term.
Bitcoin is a crypto currency and can be convertible to any other currency. Also, it can make your life easy because of its very high price.
Well, yea it is true what you say, but on the other hand it is very hyped and might overheat with a time and then boooom !
Well question.Whoever studied the history of BTC,must be wishing to have BTC in his BTC Wallet Account.Lets discuss those investor who invested in BTC in 2016 and early 2017 consider how much rich those peoplewill be now.If you throw a glance at the parabolic graph of BTC many things will clear to you automatically some times it went down and some time ups,Its value in Jan-2017 was around 1200USD,it soared to 19783USD till 21 Dec-17,meaning to say that it increase 1500 times.Many other cryptocurrencies are their in market but those do not grow at the same value as BTC.Investment in BTC requires patience and long time framework.Comparison of BTC with other digital currencies make it more prominent,so its give people an insight how they can make their investment decision after reading these factors.
So after explaining these common facts about BTC,Everyone will aspire to have BTC so that one may get higher reward more than his earning.
So after explaining these common facts about BTC,Everyone will aspire to have BTC so that one may get higher reward more than his earning.
Bitcoin has come to stay. The wide acceptance of Bitcoin has made it to be mostly sought for among the digital currencies. Bitcoin is also being used as store of value by a lot of holders. The availability and liquidity is also a big plus for bitcoin.
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.
Because in bitcoin, we can gain a large amount of money just by reading and studying posts from other users. It requires less work to generate that money.
Yes, it's true Bitcoin is a crypto currency that can be converted to other currencies, for example into Rupiah, with Bitcoin we can buy other coins. Many people want bitcoin because bitcoin is easy to find and many people can get rich quickly from mining or trading in bitcoin. And to get bitcoin is also the knowledge of people - people are increasing about the world of cryptokurensi, which people - people more familiar with many alternative coins. Many who follow the bounty program, airdrop or buy coins when Ico then get the coins then exchange them into real money form and then invest again in bitcoin to earn for the big, because bitcoin price is the most expensive now.
it is elementary because it is constantly growing, so is growing, it is expected that he will continue to develop and increase accordingly
People want Bitcoin due to its transparency, security, ease of transfer, lower transaction rates and many more. People invest in Bitcoin basically to get huge profits. Some people use it in their business due to no involvement of intermediary banks and ease of transactions. People buy Bitcoin just like they buy gold and keep it until they are comfortable with the price and at the right time sell them to get profits.
Bitcoin is a crypto currency and people also like the technology behind bitcoin.
More and more people are getting curious and interested in bitcoin daily because they are seeing it as an easy way to earn and make profit. If they understand it clearly, they will realize that they can use it as an alternative to their savings and other investment vehicles.
Jump to: