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Topic: Why have Bitcoin instead of cash? - page 135. (Read 246169 times)

sr. member
Activity: 406
Merit: 250
July 19, 2016, 03:41:27 AM
I have investment in bitcoin instead of cash in the bank that is because i see the potential of bitcoin to be good in the future and it will gives me a profit even in short term i think if i keep my bitcoin in long term it much better.
full member
Activity: 226
Merit: 100
July 19, 2016, 02:25:41 AM
The bitcoin price will rise in the long term. It has been proven in the history of bitcoin. But do not buy during a price bubble.
full member
Activity: 154
Merit: 100
July 19, 2016, 01:50:41 AM
Why having a credit card instead of cash?

It's the same for coins. It's not heavy, you can't get it stolen easily, it's much more practical.
It's all we need =)

But nowadays people have bitcoin instead of credit cards also, because they want a currency which is completely in their control, and in credit they still have their money under the control of governments in their bank accounts.


There are multiple advantages in bitcoin, There are safer than Creditcards and Debitcards and more convenient and easier to use than PayPal etc... ones you get used to it you find it relatively easy, also the lower fees are a big advantage as I know to have bitcoin for cash.
I agree on the part that they are safer than Credit cards and Debit cards but I disagree that it is easier than Paypal, bitcoin needs confirmation on every transaction it makes that's why it needs more time before one transaction is done while Paypal doesn't need that confirmation so it is way quicker.
hero member
Activity: 756
Merit: 501
July 18, 2016, 06:02:47 PM
I use both, with bitcoin i were checking my wallet transactions, and i saw the transaction value on the time, being something like 3 dollars, now i check it with the new value of bitcoin and its 6 dollars value the same ammount of coins. Soo i had earned 100% my payment doing nothing, besides hold my funds. This is an advantage from bitcoin against the fiat, and maybe me the main reason why to have bitcoin, but we always exchange bitcoin to fiat so its good see an investment of 1000 dollars turn into 2000 dollars.
legendary
Activity: 1456
Merit: 1002
July 18, 2016, 02:27:10 PM
The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.
The reason why I think that people would take Bitcoin over cash is because the value of the Bitcoin can go up.
This way you can make more money and people will always go with more money.

Just remember this though.

The only reason why people are exchanging back and forth is because the legal tender fiat is still known to many people - which is what youre trying to replace...

So intially bitcoin taking over cash isnt a comparison if one is needed for bitcoin to survive.
sr. member
Activity: 644
Merit: 261
July 18, 2016, 02:14:58 PM
I can have Bitcoin instead of cash because we are now in the information age wherein most of the transactions are online. Having a digital currency is very convenient because transactions are processed immediately without having the need to queue like paying the bills. Using bitcoin is being efficient because with just one click you are finish with the transaction while in using cash to pay the bills, it is time consuming like going to the billing center, transportation time to go there and queuing. Secondly, the potential of bitcoin value to increase over time while holding it is an advantage over cash because if you have $10 in your pocket, its value will always be $10 no matter how many years will pass while with bitcoin I believe its value will increase due to the law of supply and demand. Thirdly, cash can be stolen easily while bitcoin is not because it has no physical form and it has security features.
sr. member
Activity: 434
Merit: 250
July 18, 2016, 12:28:45 PM
The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.
The reason why I think that people would take Bitcoin over cash is because the value of the Bitcoin can go up.
This way you can make more money and people will always go with more money.
hero member
Activity: 1078
Merit: 514
July 18, 2016, 09:14:19 AM
The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.
Yes prices for bitcoin is changing everyday and you can earn good on that changing. I'm sure you are always feel happy when the price is grow and not happy when it fall down. Bitcoin is not stabile and that is the main problem of it. I prefer cash, cause with that I always know what is in my wallet and how much. And with cash you don't need to think about withdrawing and other things.
hero member
Activity: 952
Merit: 500
July 18, 2016, 08:35:41 AM
I still have cash instead of Bitcoin because then I would not have to go to the process of selling them, with cash you can do more things and can buy more things.
Unless the Bitcoin becomes usable at more places I am going to go with cash.
Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.
Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.
If we are losing money in bitcoin then it's definitely out fault. Choose the right path you can earn well. I know this is the only way of earning money without any capital. The value increases even more when adoption increases.
We lose sometimes because we invested in scams sites like ponzis, HYIP, and the like. Also, we do gambling that is why we lose, bitcoin is a good investment so we need to treat it that way, just hold it and wait for a longer period of time.
newbie
Activity: 19
Merit: 0
July 18, 2016, 07:07:33 AM
Why not have both?
hero member
Activity: 994
Merit: 502
July 18, 2016, 06:02:15 AM
I still have cash instead of Bitcoin because then I would not have to go to the process of selling them, with cash you can do more things and can buy more things.
Unless the Bitcoin becomes usable at more places I am going to go with cash.
Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.
Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.
If we are losing money in bitcoin then it's definitely out fault. Choose the right path you can earn well. I know this is the only way of earning money without any capital. The value increases even more when adoption increases.
full member
Activity: 226
Merit: 100
July 18, 2016, 05:35:05 AM
The fiat cash does not increase in value in the long term, in fact, the inflation always erode the fiat value.
hero member
Activity: 952
Merit: 500
July 16, 2016, 04:00:45 AM
I still have cash instead of Bitcoin because then I would not have to go to the process of selling them, with cash you can do more things and can buy more things.
Unless the Bitcoin becomes usable at more places I am going to go with cash.
Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.
Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.
Yup! That is given and that only problem now is when are we going to have the massive adoption since we are waiting for that to grow our investment and to make money out of it.
sr. member
Activity: 490
Merit: 250
July 15, 2016, 09:12:07 PM
Bitcoin is an investment and you can earn money with bitcoin, which you can't do with just cash.
Bitcoin can be use to pay bills or goods online, so it's more convenient.
full member
Activity: 226
Merit: 100
July 15, 2016, 02:52:58 PM
I still have cash instead of Bitcoin because then I would not have to go to the process of selling them, with cash you can do more things and can buy more things.
Unless the Bitcoin becomes usable at more places I am going to go with cash.
Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.
Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.

I think the chance of earning money or making profit is higher than losing money if there is good adoption.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
July 14, 2016, 05:09:03 PM
I still have cash instead of Bitcoin because then I would not have to go to the process of selling them, with cash you can do more things and can buy more things.
Unless the Bitcoin becomes usable at more places I am going to go with cash.
Cash is neither investment nor is capable of growth and if we consider inflation its value decrease so it is good for only spending and not investment.

The fiat cash devalues year after year. There are many examples of that. The bitcoin has limited supply, it will rise in long term.
Bitcoin is an example of venture capital, however you must consider that with bitcoin you may lose your money.
sr. member
Activity: 382
Merit: 250
July 14, 2016, 02:37:19 AM
because we can use bitcoin as cash, and we can send our bitcoin very simple, and we can withdraw our bitcoin instanly...
Yes it is easier to send bitcoins with very low transfer fees. You don't have to worry about being robbed if you lost your phone you can simply login to your wallet with your pc plus during economic crisis your money won't be lost as it happens to cash if it's in the bank.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
July 14, 2016, 02:22:46 AM
The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.

Holding cash is not meant for expecting a high price of it lol. Cash or fiat are used in daily spendings. People save cash because of different purposes but of course it doesn't mean they are holding cash or fiat and expect for price increase.

Bitcoin of course is use more as an investment so expect a price increase for a long term. Got it mate?
full member
Activity: 216
Merit: 100
July 14, 2016, 02:00:39 AM
The bitcoin is a good investment. Its price rises in the long term. So it is better to hold it instead of cash.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
July 13, 2016, 11:49:35 PM
There are multiple advantages in bitcoin, There are safer than Creditcards and Debitcards and more convenient and easier to use than PayPal etc... ones you get used to it you find it relatively easy, also the lower fees are a big advantage as I know to have bitcoin for cash.

Of course you are in bitcoin that's why you have s statement. Then please explain this if you really know what you are posting,

-Explain why bitcoin is safer than using cc and dc..

I'd like to hear your thoughts so that I will believe you are not just posting.
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