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Topic: Why do the peoples use the Bitcoin? - page 2. (Read 2235 times)

newbie
Activity: 8
Merit: 0
August 30, 2016, 06:39:23 AM
#44
i think it is more convinient and easy way of shopping therefore people are using it, the second reason is that it gives a good earning if you hold it for a long time.
member
Activity: 84
Merit: 10
August 30, 2016, 05:03:07 AM
#43
Sending money worldwide without banks and government participation, nobody can freeze your money, because only you control your wallet - isn't it a dream?
sr. member
Activity: 256
Merit: 250
August 30, 2016, 03:48:39 AM
#42
Bitcoins can be used for almost everything you know there are so many people who dont know where to use the bitcoins for but it is quiet easy you can buy almost everything now with the bitcoin so dont need to explain everything you can do.
hero member
Activity: 1232
Merit: 503
August 30, 2016, 03:32:54 AM
#41
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
people use bitcoin because the price plus you can decide what is your transaction fee unlike paypal that have a high fee in bitcoin you just need a few cent to send bitcoins to other people and you can gamble online using bitcoin and many other things you can use with bitcoin
sr. member
Activity: 336
Merit: 250
August 30, 2016, 03:18:46 AM
#40
That is nice to talk about because there are allot of people dont even know what to do with their coins if they even have some coins. But that is funny because you can do almost everything with coins as you can do with gold the way to do it is only a bit different.
hero member
Activity: 3094
Merit: 929
August 30, 2016, 02:05:40 AM
#39
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

There is a difference and it`s not only one.

Transaction fees are smaller.

Transactions are irreversible.

Bitcoin is more anonymous.

Bitcoin price is more volatile,which makes btc a good investment.

And yes,those advantages can be  flaws.It depends of the situation.
full member
Activity: 238
Merit: 100
August 30, 2016, 12:12:13 AM
#38
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
People Use Bitcoins For the Following Reasons:-
1) It is Fast And Instantaneous Way of Sending Money From One Place to Other Place....
2) We Can also Get Some Profit Because the Price of the Bitcoin is Always Fluctuating....
3) and the Transaction Fees Of Bitcoin is Very Low And It Does Not Have Controls Of Any Government Or Organization.....
hero member
Activity: 798
Merit: 500
August 29, 2016, 05:33:25 PM
#37
There are a lot of differences in bitcoin and other currencies, you can send bitcoin to any part of the world without any restriction with lowest feees and within a few minutes, and with that you will get more opportunities to earn and it is anonymous currency etc.
legendary
Activity: 1232
Merit: 1029
August 29, 2016, 03:41:26 PM
#36
Is this a dummy question or you need to be paid for your post from your signature ? Either way bitcoin is widely used by those who knows its benefits which are simple yet very effective. Like full anonymity , there is no central authority like ECB-European Central Bank or the Federal Reserve which decides the fate of their currencies. Bitcoin means freedom and you being your own bank. You have the coins in your desktop wallet and can do anything with them from paying for goods, digital goods, converting to cash, investing into casinos which is something nowadays is very difficult to do with FIAT currency. This is bitcoin which is absolute freedom.
Probably it is a duplicate thread of "why customers use bitcoins". Still, I too want to contribute to this topic.

Being anonymous is highly looked after in today’s world. Also, it having no central authority looking over it and being usable worldwide in an instant as well makes it so much more likable. It has so many things, people must be going for it.
legendary
Activity: 1680
Merit: 1001
August 29, 2016, 05:02:41 AM
#35

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.


Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.
LOL, what's going on here? 2 user have same (not similiar) posts. One of you were copied other posts or maybe both of you copied from other sites.

*back to the topic, i'm using bitcoin becuase it's easy to use (exchange to FIAT) and it has big value for now , and maybe in the future too (i hope).
just that...
full member
Activity: 210
Merit: 100
August 29, 2016, 04:53:42 AM
#34
currently bitcoin is king among crypto currencies , it has lot of advantages like easy transaction , more secured , you can your own wallet , back up like paper wallet etc. and lot of sites on internet world wide accepting bitcoin as digital currency for transaction.
sr. member
Activity: 644
Merit: 261
August 29, 2016, 04:43:09 AM
#33
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

Because when you transact using bitcoin there's no documents needed that's why there is anonymity in it. There is no age limit as to who can use bitcoin as long as he knows how to use a mobile and computer and knows how bitcoin works then he can transact to other people whereas when you are transacting in a bank you need supporting documents and of course age limit. When you use bitcoin, you have your own bank and you can send to or receive from someone without restrictions. The transaction fee is really low compared to banks or money exchange.
hero member
Activity: 826
Merit: 1000
August 29, 2016, 04:05:31 AM
#32
Bitcoin is used by people because it has some unique features which other forms of currency don’t have.Its anonymous and charges very low fee in transaction plus it’s the only decentralized currency.
legendary
Activity: 2940
Merit: 1083
August 29, 2016, 03:40:25 AM
#31

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.

Yes that is one good reason also in promoting bitcoin. Money are sent like everyday there is large percentage of people moving their money or sending it to relatives and in online transactions. This is the main reason also that I am using bitcoin.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
August 29, 2016, 03:29:25 AM
#30
I think bitcoin is very cool because you can transfer it without having cash in your pocket which could get lost or stolen form your purse. This way you can digitally transfer your bitcoin even whilst using a mobile device.
sr. member
Activity: 444
Merit: 250
August 29, 2016, 02:37:46 AM
#29
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

I don't think bitcoin is a currency like all others... is dollar or euro or any other currency is just like bitcoin? Not at all..
Bitcoin is a currency that grows gradually with the time.. Who does not want his money to grow while sleeping?
legendary
Activity: 3080
Merit: 1500
August 29, 2016, 02:26:02 AM
#28
People use bitcoin because they believe in the power of bitcoin. They believe that bitcoin has the power to change their lives. They believe that bitcoin price will go up so high, that they can use bitcoin to make few of their dreams come true.

We agree that bitcoin has the transaction fees, TAT for transaction is also slow, but the potential for the price to go up is huge. So people is taking it as an alternative investment route which may make them rich in near future.
hero member
Activity: 924
Merit: 505
August 29, 2016, 02:19:31 AM
#27
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
The bitcoin it can be a pesos and can be the most easily used to transfer money anywhere in the world . And cheap transaction fee in blockhain just under the Xapo it free transaction . The bitcoin alone has the lowest transaction compared to banks or money transfer online. So many people use bitcoin for easiest way to tranfer money.
sr. member
Activity: 294
Merit: 250
August 29, 2016, 01:55:01 AM
#26
I use bitcoin cause that is the easiest way to earn some money above my salary. I don't need to go somewhere and to ask someone for work, I'm just commenting on the net and make some profit from it. Add to that the price for bitcoin is attracting me, it is not fixed and it has tend to  rise.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
August 29, 2016, 01:44:43 AM
#25
Why do you use PayPal? It makes eCommerce easier and also because it enables you to transfer value between borders. Bitcoin only do this a bit better and cheaper and you do not have to rely on 3rd parties like banks to make this possible. What other reasons do you need to use such a wonderful technology? ^smile^
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