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Topic: Why have Bitcoin instead of cash? - page 131. (Read 246148 times)

sr. member
Activity: 275
Merit: 250
August 03, 2016, 06:40:32 PM
I prefer having cash for now, because the price of bitcoin is going down and it's better to have cash instead of bitcoin and when the price of bitcoin increase again, i pick bitcoin.
And honestly, it is not wise to cash out now, if you are earning bitcoins, you need to wait for more days for the price to rise back up. The current price fall back is messing us if we are working and receiving bitcoins with a fixed rate. I just hope it will not last so we continue to work profitably.
You need to have not only a bitcoin, but also cash, and not only in the bank. And also need to be adding to other tools.
hero member
Activity: 644
Merit: 500
August 03, 2016, 06:34:04 PM
Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
yes that is a fact. that in present time we need both the currencies, of is not so much convenience without the other, may be a time come when only one currency will be enough for us but in present time i think we cannot depend on single currency, because bitcoin is good for online buying or even more good for saving and investing but in local market in most of the place we cannot use bitcoin as it is not accepted in most of the areas so there we have to use the fiat currency.
Yes we cannot stop using either of them and both are equally important in their place. Without cash your real life stops while if you stop using bitcoins your virtual ideas, thoughts and all the things are stopped.
thats true though in my opinion in the future bitcoin is going to be way more important as a currency so i think the more we use it now the better it is for us

yeah, in the future we will be the experts of bitcoin, and will have a good command on this currency without any issue or inconvenience, while those who will adopt it later will not have good knowledge about bitcoin and they will be scammed at every moment by scammers and hackers.
sr. member
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Merit: 250
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August 03, 2016, 04:52:01 PM
Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
yes that is a fact. that in present time we need both the currencies, of is not so much convenience without the other, may be a time come when only one currency will be enough for us but in present time i think we cannot depend on single currency, because bitcoin is good for online buying or even more good for saving and investing but in local market in most of the place we cannot use bitcoin as it is not accepted in most of the areas so there we have to use the fiat currency.
Yes we cannot stop using either of them and both are equally important in their place. Without cash your real life stops while if you stop using bitcoins your virtual ideas, thoughts and all the things are stopped.
thats true though in my opinion in the future bitcoin is going to be way more important as a currency so i think the more we use it now the better it is for us
hero member
Activity: 854
Merit: 501
August 03, 2016, 04:44:07 PM
Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
yes that is a fact. that in present time we need both the currencies, of is not so much convenience without the other, may be a time come when only one currency will be enough for us but in present time i think we cannot depend on single currency, because bitcoin is good for online buying or even more good for saving and investing but in local market in most of the place we cannot use bitcoin as it is not accepted in most of the areas so there we have to use the fiat currency.
Yes we cannot stop using either of them and both are equally important in their place. Without cash your real life stops while if you stop using bitcoins your virtual ideas, thoughts and all the things are stopped.
hero member
Activity: 1092
Merit: 523
August 03, 2016, 06:25:33 AM
Can agree with people who saying that bitcoin is better than cahs, for using as currency cash is really much better that bitcoin and also much esier.
well cash is really easy to use right now, though i think that in the future bitcoin will be way easier to use and thats why im holding bitcoins

if you are just buying small stuffs then cash is better. but if you are holding a lot of it, it is already too bulky. It is better if you have bitcoins or debit card. You do not have to carry stuffs around, just your cellphone. And that is normal because you always carry your cellphone with you.
You are right, because if we want to buy domains, buy some service from other person online surely we will be in need of bitcoins ( well, at least I use bitcoins for these kind of situations ) and in case we need to buy something physically then cash is important.

Bitcoin has some specific advantage over fiats that might enforce us to use it everywhere in future hopefully.
full member
Activity: 224
Merit: 100
August 02, 2016, 09:52:54 AM
I prefer having cash for now, because the price of bitcoin is going down and it's better to have cash instead of bitcoin and when the price of bitcoin increase again, i pick bitcoin.
And honestly, it is not wise to cash out now, if you are earning bitcoins, you need to wait for more days for the price to rise back up. The current price fall back is messing us if we are working and receiving bitcoins with a fixed rate. I just hope it will not last so we continue to work profitably.

Yeah that is right. I cant even transact now or do my business because I think it will be a waste for now. I will wait for quite some time and maybe next week it will be okay or back to its price.
If there is really not enough need to spend our bitcoins then we should hold on a bit, let us just wait until the current crisis is over. The price will surely back up in the next few days and I can tell that since the crisis is not real, this is just a manipulation by the whales who loves to play the game.

Yeah, Bitcoin's price is being manipulated now. They are just waiting for others to sell their bitcoin so they can gain much more profit. Sure in no time, the price of it will shoot at its peak and those who hold bitcoins will be benefited. We just have to wait for the right time for it to pump its price to its maximum value.
hero member
Activity: 2954
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August 02, 2016, 09:21:31 AM
I prefer having cash for now, because the price of bitcoin is going down and it's better to have cash instead of bitcoin and when the price of bitcoin increase again, i pick bitcoin.
And honestly, it is not wise to cash out now, if you are earning bitcoins, you need to wait for more days for the price to rise back up. The current price fall back is messing us if we are working and receiving bitcoins with a fixed rate. I just hope it will not last so we continue to work profitably.

Yeah that is right. I cant even transact now or do my business because I think it will be a waste for now. I will wait for quite some time and maybe next week it will be okay or back to its price.
If there is really not enough need to spend our bitcoins then we should hold on a bit, let us just wait until the current crisis is over. The price will surely back up in the next few days and I can tell that since the crisis is not real, this is just a manipulation by the whales who loves to play the game.
legendary
Activity: 3248
Merit: 1130
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August 02, 2016, 08:04:40 AM
I prefer having cash for now, because the price of bitcoin is going down and it's better to have cash instead of bitcoin and when the price of bitcoin increase again, i pick bitcoin.
And honestly, it is not wise to cash out now, if you are earning bitcoins, you need to wait for more days for the price to rise back up. The current price fall back is messing us if we are working and receiving bitcoins with a fixed rate. I just hope it will not last so we continue to work profitably.

Yeah that is right. I cant even transact now or do my business because I think it will be a waste for now. I will wait for quite some time and maybe next week it will be okay or back to its price.
hero member
Activity: 952
Merit: 500
August 02, 2016, 08:00:35 AM
I prefer having cash for now, because the price of bitcoin is going down and it's better to have cash instead of bitcoin and when the price of bitcoin increase again, i pick bitcoin.
And honestly, it is not wise to cash out now, if you are earning bitcoins, you need to wait for more days for the price to rise back up. The current price fall back is messing us if we are working and receiving bitcoins with a fixed rate. I just hope it will not last so we continue to work profitably.
sr. member
Activity: 420
Merit: 250
August 02, 2016, 07:11:30 AM
I prefer having cash for now, because the price of bitcoin is going down and it's better to have cash instead of bitcoin and when the price of bitcoin increase again, i pick bitcoin.
sr. member
Activity: 364
Merit: 254
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August 02, 2016, 07:02:59 AM
It's also a way to send money to people in any part of the world almost instantly and very inexpensively. This could revolutionize wire transfers and western union.
legendary
Activity: 1176
Merit: 1016
August 02, 2016, 06:35:34 AM
Cash is good for day-to-day transactions while bitcoins is good for online transactions. Since we are all going cashless, people might start seeing the benefits of bitcoins... asides the fact that its price keeps increasing.
I guess once more and more people are using bitcoins it will be easier to deal. I mean suppose everyone knows about bitcoins and though they don't accept bitcoins officially but we can insist and pay them via BTC if they are known to it.
full member
Activity: 216
Merit: 100
August 02, 2016, 03:29:00 AM
The fiat interest is almost 0% at the moment. And the fiat cash devalues. So it is better to own the bitcoin.
hero member
Activity: 826
Merit: 500
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August 01, 2016, 04:57:00 PM
Its always been cash for me, but I do factor in that the current fiat system like the rest of us knows its a failure.

Which is the only reason why I keep bitcoin stored whenever I can stash it.

Yeah, when you sash btc it goes up, when it's cash it loses value!
legendary
Activity: 1456
Merit: 1002
August 01, 2016, 03:58:06 PM
Its always been cash for me, but I do factor in that the current fiat system like the rest of us knows its a failure.

Which is the only reason why I keep bitcoin stored whenever I can stash it.
hero member
Activity: 826
Merit: 1000
August 01, 2016, 03:31:58 PM
Can agree with people who saying that bitcoin is better than cahs, for using as currency cash is really much better that bitcoin and also much esier.
well cash is really easy to use right now, though i think that in the future bitcoin will be way easier to use and thats why im holding bitcoins
The real part is actually cash is much easier, mainly because we can get daily needs items with cash only.
Yes once shops and stores start accepting bitcoins as a payment method even for small items, I am sure there is no worries about cash and hence less robberies.
hero member
Activity: 1414
Merit: 574
August 01, 2016, 01:00:23 PM
Since fiat value is stable, it's really a must for fiat to be used to support our regular spendings in daily basis.

There is no stable fiat value in this world, the value of fiat is changing every second depending on the economy of the country and hype of what they will do next to strengthen their economical business however the later statement is correct atleast for now however sooner than you expected, you could be able to purchase your groceries with it
legendary
Activity: 2688
Merit: 1065
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August 01, 2016, 12:24:45 PM
Can agree with people who saying that bitcoin is better than cahs, for using as currency cash is really much better that bitcoin and also much esier.
well cash is really easy to use right now, though i think that in the future bitcoin will be way easier to use and thats why im holding bitcoins

if you are just buying small stuffs then cash is better. but if you are holding a lot of it, it is already too bulky. It is better if you have bitcoins or debit card. You do not have to carry stuffs around, just your cellphone. And that is normal because you always carry your cellphone with you.
yes that is right but we cannot depend on bitcoin only, i consider bitcoin as a side business and i mostly invest my all  assets in bitcoin, i am a teacher and when i receive my salary i try to buy bitcoin with it, but for my daily necessities i use fiat currency because we have no facilities of using bitcoin in  in our local markets.

Since fiat value is stable, it's really a must for fiat to be used to support our regular spendings in daily basis.

Bitcoin isn't fit to cover all our daily needs since it's price is not stable and possibility to throw away some good profits when there is a price increase is possible.
full member
Activity: 196
Merit: 100
August 01, 2016, 10:59:08 AM
Can agree with people who saying that bitcoin is better than cahs, for using as currency cash is really much better that bitcoin and also much esier.
well cash is really easy to use right now, though i think that in the future bitcoin will be way easier to use and thats why im holding bitcoins

if you are just buying small stuffs then cash is better. but if you are holding a lot of it, it is already too bulky. It is better if you have bitcoins or debit card. You do not have to carry stuffs around, just your cellphone. And that is normal because you always carry your cellphone with you.
yes that is right but we cannot depend on bitcoin only, i consider bitcoin as a side business and i mostly invest my all  assets in bitcoin, i am a teacher and when i receive my salary i try to buy bitcoin with it, but for my daily necessities i use fiat currency because we have no facilities of using bitcoin in  in our local markets.
full member
Activity: 216
Merit: 100
August 01, 2016, 06:02:51 AM
I have cash and i also have bitcoin, cause in bitcoin i earn as my extra to have additional money for my expenses and i have cash for my direct spending in small store who are not accepting bitcoin in terms of payment.

I earn cash and convert to bitcoin. The value of cash will decrease and the bitcoin price will rise a lot.
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