Why have Bitcoin instead of cash? - page 78.

EdenHazard

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Quote from: FrankGismo on March 01, 2017, 11:05:04 AM

1. You can't get robbed from your Bitcoin
2. You can lose money by dropping it accidentally
3. Bitcoin is safer
4. Bitcoin can't rip like paper money

a good point you have there , but the problem always on how traditional thinker hard to accept bitcoin, they hard to understand on how a lot of benefit when you use bitcoin , they are too afraid as it feel have a lot of risk inside when decide to store their value on bitcoin.

sometimes it is useless to explain every single benefit just like what you have said above.

DoublerHunter

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Quote from: Babayega31 on March 02, 2017, 09:50:57 AM

Well, I am having bitcoin rather than fiat cash because its easy to have transactions like paying bills online and fast transactions is made through the blockchain process. The anonymous identity is a very good way to manage your account as well as digital currency is more advantage than fiat cash spending. However fiat cash is very often used by most people but if these people were actually well oriented with bitcoin, I am confident that they will be interested to use btc also, for their mode of payment in the future.

Yes people will love bitcoin for using it as another currency because it is fast and much cheaper than the currency that we are using now which is fiat. We just need some promotion and some explanation for people that didn't know what is bitcoin then after some orientation then they will understand how this thing works (BTC) and they get into bitcoin which can help our community to grow even bigger and help the price to pump more.

Babayega31

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Cryptocurrency Wallet - Denaro.io

Well, I am having bitcoin rather than fiat cash because its easy to have transactions like paying bills online and fast transactions is made through the blockchain process. The anonymous identity is a very good way to manage your account as well as digital currency is more advantage than fiat cash spending. However fiat cash is very often used by most people but if these people were actually well oriented with bitcoin, I am confident that they will be interested to use btc also, for their mode of payment in the future.

AlphaSun

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Quote from: FrankGismo on March 01, 2017, 11:05:04 AM

1. You can't get robbed from your Bitcoin
2. You can lose money by dropping it accidentally
3. Bitcoin is safer
4. Bitcoin can't rip like paper money

If you are not careful, you computer can be hacked and lose you bitcoin.

FrankGismo

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1. You can't get robbed from your Bitcoin
2. You can lose money by dropping it accidentally
3. Bitcoin is safer
4. Bitcoin can't rip like paper money

severaldetails

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Quote from: soul-impact on March 01, 2017, 10:49:58 AM

Quote from: Distinctin on March 01, 2017, 04:30:43 AM

Quote from: CyberKuro on February 27, 2017, 07:50:21 PM

Quote from: Taki on February 27, 2017, 04:15:03 PM

I am agree that it's still possible to get rich with bitcoin, cause of it's price will surly rise higher. But I think bitcoin can suit not to every person. In some places 1100+$ is big money to buy at least one bitcoin and it is impossible to start investing with just one bitcoin. So for such people I would recommend to chose some other crypto currency, which shows good temps of grow now, but costs not so much.

I don't think so, bitcoin isn't a fast or easy way to get rich unless you're an early adopters who have at least BTC10,000 from trade with someone to buy a pizza, lol just kidding. The point is, we need huge amount of bitcoin to become a rich man, but the question is : how much do we have? I am sure most of us here don't have more than BTC10, moreover BTC100 or BTC1000.

I think if you have 100 bitcoins, you will be very rich in 10 years.

well, perhaps we can be rich with 100 Bitcoin in the next 10 years. However, you need to remember that the prices of Bitcoin can go down anytime. There are many potential altcoins and most of them are not recognized by the people. In the next 10 years, there is a high possibility that they will be utilized by bitcoiners and Bitcoin will be replaced. Therefore, you can not ensure whether you can be rich while holding Bitcoin or not

With 100 bitcoins I would already today call you a rich person.
And the altcoins, there are many, yes. But non of them has the reputation bitcoin has.
Non of them has the community bitcoin has. None of them has the infrastructure of a payment system bitcoin has.
To me the altcoins are just useful for traders and developers, nobody else.
Bitcoin can be useful for everybody. So none of the existing altcoins can be a competition for bitcoin.

soul-impact

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Quote from: Distinctin on March 01, 2017, 04:30:43 AM

Quote from: CyberKuro on February 27, 2017, 07:50:21 PM

Quote from: Taki on February 27, 2017, 04:15:03 PM

I am agree that it's still possible to get rich with bitcoin, cause of it's price will surly rise higher. But I think bitcoin can suit not to every person. In some places 1100+$ is big money to buy at least one bitcoin and it is impossible to start investing with just one bitcoin. So for such people I would recommend to chose some other crypto currency, which shows good temps of grow now, but costs not so much.

I don't think so, bitcoin isn't a fast or easy way to get rich unless you're an early adopters who have at least BTC10,000 from trade with someone to buy a pizza, lol just kidding. The point is, we need huge amount of bitcoin to become a rich man, but the question is : how much do we have? I am sure most of us here don't have more than BTC10, moreover BTC100 or BTC1000.

I think if you have 100 bitcoins, you will be very rich in 10 years.

well, perhaps we can be rich with 100 Bitcoin in the next 10 years. However, you need to remember that the prices of Bitcoin can go down anytime. There are many potential altcoins and most of them are not recognized by the people. In the next 10 years, there is a high possibility that they will be utilized by bitcoiners and Bitcoin will be replaced. Therefore, you can not ensure whether you can be rich while holding Bitcoin or not

DoublerHunter

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Quote from: jeraldskie11 on March 01, 2017, 05:42:35 AM

Bitcoin is worth than cash. It has a big possibility to increase its price after 10 years and maybe it will doubled. Unlike cash, it is a very stable currency and you didn't earn on it for how many years when you save it. Bitcoin also is a key to our economy to be succeed because we import the bitcoin into our country by converting it not by rolling. And bitcoin also is better investment because many investor use this currency and thats why we choose bitcoin instead cash.

Agree. Bitcoin is very volatile and that is why it is best to choose bitcoin over cash because of the possibility to earn a lot of money in just a short period of time because bitcoin price moves up really fast and that is why a lot of people are now into bitcoin.

jeraldskie11

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Bitcoin is worth than cash. It has a big possibility to increase its price after 10 years and maybe it will doubled. Unlike cash, it is a very stable currency and you didn't earn on it for how many years when you save it. Bitcoin also is a key to our economy to be succeed because we import the bitcoin into our country by converting it not by rolling. And bitcoin also is better investment because many investor use this currency and thats why we choose bitcoin instead cash.

Distinctin

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No dream is too big and no dreamer is too small

Quote from: CyberKuro on February 27, 2017, 07:50:21 PM

Quote from: Taki on February 27, 2017, 04:15:03 PM

I am agree that it's still possible to get rich with bitcoin, cause of it's price will surly rise higher. But I think bitcoin can suit not to every person. In some places 1100+$ is big money to buy at least one bitcoin and it is impossible to start investing with just one bitcoin. So for such people I would recommend to chose some other crypto currency, which shows good temps of grow now, but costs not so much.

I don't think so, bitcoin isn't a fast or easy way to get rich unless you're an early adopters who have at least BTC10,000 from trade with someone to buy a pizza, lol just kidding. The point is, we need huge amount of bitcoin to become a rich man, but the question is : how much do we have? I am sure most of us here don't have more than BTC10, moreover BTC100 or BTC1000.

I think if you have 100 bitcoins, you will be very rich in 10 years.

CyberKuro

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Quote from: Taki on February 27, 2017, 04:15:03 PM

I am agree that it's still possible to get rich with bitcoin, cause of it's price will surly rise higher. But I think bitcoin can suit not to every person. In some places 1100+$ is big money to buy at least one bitcoin and it is impossible to start investing with just one bitcoin. So for such people I would recommend to chose some other crypto currency, which shows good temps of grow now, but costs not so much.

I don't think so, bitcoin isn't a fast or easy way to get rich unless you're an early adopters who have at least BTC10,000 from trade with someone to buy a pizza, lol just kidding. The point is, we need huge amount of bitcoin to become a rich man, but the question is : how much do we have? I am sure most of us here don't have more than BTC10, moreover BTC100 or BTC1000.

PaymyBills

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if we talk about the future so in future it will be more easy to use bitcoin instead of cash. it will be more secure as compare to other cash. bitcoin will be use as single currency and having same value in all parts of the world so we will not feel the need to convert it in so some other currency. it will be easily access any where as compare to cash. it will no need for banks to keep it.

Taki

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Quote from: carlerha on February 27, 2017, 02:00:45 PM

Quote from: Gotumoot on February 27, 2017, 11:17:11 AM

Quote from: soul-impact on February 22, 2017, 11:36:36 AM

Quote from: Pattart on February 22, 2017, 06:32:49 AM

Quote from: ?? on ??

Quote from: agamasrori on February 18, 2017, 01:01:29 AM

Quote from: Pro Gamers on February 17, 2017, 08:06:29 AM

i believe the first thing that comes into mind of someone is because bitcoin has a value and can be used to pay things. the second is that it is more convenient than going out with cash.

Yes I agree with you, going out with bitcoin is better because it is more practicaly to use, also we can avoid the inflation. the number of bitcoin demand is always higher than the existing supply. especially in the local market.

Another thing is that bitcoin is a good investment and we can use it easily and conveniently. And instead of using cash we can use it for different things but the fact is that many countries are still not fully adopting bitcoin so we don't have choice but to keep on using cash and bitcoin at the same time.

because digital can be used for many things not only for currencies, but for a lot of things. in contrast to cash a very complicated and can only be used for transactions face to face

I do agree so. Cryptos is also considered as a type of investment and many investors have become rich because of putting money into Bitcoin. The more you Bitcoin, the more awesome it can be. However, there are still many dangers in the digital world since there is no law which protects people from scammers or hackers.

I know some people investing since 2013 and become quite rich.

to me i think still good time to invest. if a person will invest their assets in bitcoin he has still good opportunity to make a good profit, because the price of bitcoin has still good potential in the price of bitcoin.

I am agree that it's still possible to get rich with bitcoin, cause of it's price will surly rise higher. But I think bitcoin can suit not to every person. In some places 1100+$ is big money to buy at least one bitcoin and it is impossible to start investing with just one bitcoin. So for such people I would recommend to chose some other crypto currency, which shows good temps of grow now, but costs not so much.

Mbokani

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Quote from: lovesybitz on February 27, 2017, 02:06:32 PM

The value of cash is not increasing even you hold it, while in bitcoin there is changing value happening for a couple of hours. Cash also can take away by someone, what I mean no assurance of security to your cash while bitcoin it can be steal by someone, you hold the private key and password.

That is not entirely true. If you look at the Forex exchange you could see minor changes every day and you could not see a swift change like we see in the bitcoin world but there are changes in the value of currency.

lovesybitz

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Quote from: Pattart on January 01, 2017, 01:39:07 AM

Quote from: guoyu78 on December 31, 2016, 02:32:17 AM

i think bitcoin have very stronger and powerful security and there is no tax on bitcoin and bitcoin is very useful than cash its transaction is very faster than other currency .

The world today is in need of transactions quickly and can be used anywhere (flexible). while cash does not meet it, certainly if bitcoin released version cash, it would be a setback technology

The value of cash is not increasing even you hold it, while in bitcoin there is changing value happening for a couple of hours. Cash also can take away by someone, what I mean no assurance of security to your cash while bitcoin it can be steal by someone, you hold the private key and password.

carlerha

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Quote from: Gotumoot on February 27, 2017, 11:17:11 AM

Quote from: soul-impact on February 22, 2017, 11:36:36 AM

Quote from: Pattart on February 22, 2017, 06:32:49 AM

Quote from: ?? on ??

Quote from: agamasrori on February 18, 2017, 01:01:29 AM

Quote from: Pro Gamers on February 17, 2017, 08:06:29 AM

i believe the first thing that comes into mind of someone is because bitcoin has a value and can be used to pay things. the second is that it is more convenient than going out with cash.

Yes I agree with you, going out with bitcoin is better because it is more practicaly to use, also we can avoid the inflation. the number of bitcoin demand is always higher than the existing supply. especially in the local market.

Another thing is that bitcoin is a good investment and we can use it easily and conveniently. And instead of using cash we can use it for different things but the fact is that many countries are still not fully adopting bitcoin so we don't have choice but to keep on using cash and bitcoin at the same time.

because digital can be used for many things not only for currencies, but for a lot of things. in contrast to cash a very complicated and can only be used for transactions face to face

I do agree so. Cryptos is also considered as a type of investment and many investors have become rich because of putting money into Bitcoin. The more you Bitcoin, the more awesome it can be. However, there are still many dangers in the digital world since there is no law which protects people from scammers or hackers.

I know some people investing since 2013 and become quite rich.

to me i think still good time to invest. if a person will invest their assets in bitcoin he has still good opportunity to make a good profit, because the price of bitcoin has still good potential in the price of bitcoin.

Gotumoot

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Activity: 1372

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Quote from: soul-impact on February 22, 2017, 11:36:36 AM

Quote from: Pattart on February 22, 2017, 06:32:49 AM

Quote from: ?? on ??

Quote from: agamasrori on February 18, 2017, 01:01:29 AM

Quote from: Pro Gamers on February 17, 2017, 08:06:29 AM

i believe the first thing that comes into mind of someone is because bitcoin has a value and can be used to pay things. the second is that it is more convenient than going out with cash.

Yes I agree with you, going out with bitcoin is better because it is more practicaly to use, also we can avoid the inflation. the number of bitcoin demand is always higher than the existing supply. especially in the local market.

Another thing is that bitcoin is a good investment and we can use it easily and conveniently. And instead of using cash we can use it for different things but the fact is that many countries are still not fully adopting bitcoin so we don't have choice but to keep on using cash and bitcoin at the same time.

because digital can be used for many things not only for currencies, but for a lot of things. in contrast to cash a very complicated and can only be used for transactions face to face

I do agree so. Cryptos is also considered as a type of investment and many investors have become rich because of putting money into Bitcoin. The more you Bitcoin, the more awesome it can be. However, there are still many dangers in the digital world since there is no law which protects people from scammers or hackers.

I know some people investing since 2013 and become quite rich.

soul-impact

hero member

Activity: 854

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Quote from: Pattart on February 22, 2017, 06:32:49 AM

Quote from: ?? on ??

Quote from: agamasrori on February 18, 2017, 01:01:29 AM

Quote from: Pro Gamers on February 17, 2017, 08:06:29 AM

i believe the first thing that comes into mind of someone is because bitcoin has a value and can be used to pay things. the second is that it is more convenient than going out with cash.

Yes I agree with you, going out with bitcoin is better because it is more practicaly to use, also we can avoid the inflation. the number of bitcoin demand is always higher than the existing supply. especially in the local market.

Another thing is that bitcoin is a good investment and we can use it easily and conveniently. And instead of using cash we can use it for different things but the fact is that many countries are still not fully adopting bitcoin so we don't have choice but to keep on using cash and bitcoin at the same time.

because digital can be used for many things not only for currencies, but for a lot of things. in contrast to cash a very complicated and can only be used for transactions face to face

I do agree so. Cryptos is also considered as a type of investment and many investors have become rich because of putting money into Bitcoin. The more you Bitcoin, the more awesome it can be. However, there are still many dangers in the digital world since there is no law which protects people from scammers or hackers.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: ?? on ??

Quote from: agamasrori on February 18, 2017, 01:01:29 AM

Quote from: Pro Gamers on February 17, 2017, 08:06:29 AM

i believe the first thing that comes into mind of someone is because bitcoin has a value and can be used to pay things. the second is that it is more convenient than going out with cash.

Yes I agree with you, going out with bitcoin is better because it is more practicaly to use, also we can avoid the inflation. the number of bitcoin demand is always higher than the existing supply. especially in the local market.

Another thing is that bitcoin is a good investment and we can use it easily and conveniently. And instead of using cash we can use it for different things but the fact is that many countries are still not fully adopting bitcoin so we don't have choice but to keep on using cash and bitcoin at the same time.

because digital can be used for many things not only for currencies, but for a lot of things. in contrast to cash a very complicated and can only be used for transactions face to face

TravisNeko

member

Activity: 85

Merit: 10

I rather have Bitcoin then money, because it is much safer then money.
you cant get robbed from your Bitcoin on the streets, with money you can.

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