Topic: Why have Bitcoin instead of cash? - page 88. (Read 246169 times)
We should have bitcoin for a long term investment. It is like having Gold. You are able to diversify your wealth. Having cash as a long term investment will be a foolish idea as purchasing power of cash keeps falling every year due to the inflation. But Bitcoin has a possibility to appreciate in value.
Bitcoin publicity or education also required in public. I think there should be a tv channel regarding Bitcoin on this channel only bitcoin related news is shown and Bitcoin related serials and movies should be shown.
It would be a great publicity for bitcoin but who will do that? Who will be the investor for that? Who will take all the responsibilities as everyone doing anything has a purpose of earning money behind it and bitcoin is yet not a that much well-known currency in the world that could get too much attention just after start.
Because having a bitcoin is much better than having a cash. Bitcoin has a great value. And there are many different ways to earn it. With bitcoin transactions are made more easier. You don't have to go to banks to deposit and withdraw money. Bitcoin also has no tax than cash.
The reason why i have bitcoins instead of cash is also because i can earn them while i cannot earn cash as i don't have any jobs in real world, i just earn bitcoins and i'm using them in my daily life by converting them to cash later on, cash is needed because bitcoin is not usable everywhere right now.
I personally know bitcoin because i spend most of my time in workplace online , then i go looking for something new and found bitcoin.
I feel comfortable to do business online and make transaction using bitcoin as it is easier rather than complicated cash.
I don't think we need to do something special to attract more people to come and use bitcoin. If Bitcoin price keeps growing without heavy dumps, people will get attracted to Bitcoin on the their own because they will see how it outperforms other assets in the long haul. They will see the benefits of using it as a long term store of value as well as a safe haven and start keeping their wealth with bitcoins.
Because having a bitcoin is much better than having a cash. Bitcoin has a great value. And there are many different ways to earn it. With bitcoin transactions are made more easier. You don't have to go to banks to deposit and withdraw money. Bitcoin also has no tax than cash.
The reason why i have bitcoins instead of cash is also because i can earn them while i cannot earn cash as i don't have any jobs in real world, i just earn bitcoins and i'm using them in my daily life by converting them to cash later on, cash is needed because bitcoin is not usable everywhere right now.
I personally know bitcoin because i spend most of my time in workplace online , then i go looking for something new and found bitcoin.
I feel comfortable to do business online and make transaction using bitcoin as it is easier rather than complicated cash.
I don't think we need to do something special to attract more people to come and use bitcoin. If Bitcoin price keeps growing without heavy dumps, people will get attracted to Bitcoin on the their own because they will see how it outperforms other assets in the long haul. They will see the benefits of using it as a long term store of value as well as a safe haven and start keeping their wealth with bitcoins.
Because having a bitcoin is much better than having a cash. Bitcoin has a great value. And there are many different ways to earn it. With bitcoin transactions are made more easier. You don't have to go to banks to deposit and withdraw money. Bitcoin also has no tax than cash.
The reason why i have bitcoins instead of cash is also because i can earn them while i cannot earn cash as i don't have any jobs in real world, i just earn bitcoins and i'm using them in my daily life by converting them to cash later on, cash is needed because bitcoin is not usable everywhere right now.
I personally know bitcoin because i spend most of my time in workplace online , then i go looking for something new and found bitcoin.
I feel comfortable to do business online and make transaction using bitcoin as it is easier rather than complicated cash.
It is better to have bitcoins rather than cash as the value of cash will remain the same .on the other hand the price of bitcoins will go on increasing till it reaches a certain threshold.
The number of bitcoins will remain the same as the amount of fiat. It it the price of Bitcoin in fiat that may rise, therefore you will be able to sell your coins and get more profit. But the price can just as well go down, and if you sell your bitcoins at a loss, you will end up with less bitcoins than before. Therefore, it is better to have bitcoins rather than cash only if Bitcoin price is rising, and not because the value of cash remains the same.
It is better to have bitcoins rather than cash as the value of cash will remain the same .on the other hand the price of bitcoins will go on increasing till it reaches a certain threshold.
yeah trading is very much profitable nowadays and a lot of people are earning bitcoin in huge amount through trading and people really like to online jobs and they are earning their profit through trading and other activity .
Trading is profitable but not for all of the traders, I believe with a huge number of traders only few of them are profitable, it is a risky venture that requires deep knowledge and proper time management to succeed and most of us cannot do that as we have different focus in life. I think we are too comfortable with having a job since it has no risk than risking our money to make money in trading.yeah trading is very much profitable nowadays and a lot of people are earning bitcoin in huge amount through trading and people really like to online jobs and they are earning their profit through trading and other activity .
Trading is profitable but not for all of the traders, I believe with a huge number of traders only few of them are profitable, it is a risky venture that requires deep knowledge and proper time management to succeed and most of us cannot do that as we have different focus in life. I think we are too comfortable with having a job since it has no risk than risking our money to make money in trading.
The reply seems simple to me in the case that you have some extra money and holding it in some box under your bed. Then better to chose bitcoin to hold your money in it, because the price for it is growing up as crazy and for cash it only falls.
this logic surely apply at the current moment. as bitcoin price increasing. but bitcoin is a volatile currency. even bitcoin is the most volatile currency of the world. right now it is increasing but you can't guarantee it will increase always or don't fall. bitcoin price also can fall.so if your reason of having bitcoin is just because of bitcoin price than you may regret. but besides that bitcoin have a lot of features and reasons to have bitcoin instead of cash.
well i would suggest u to 80 percent cash and 20 percent bitcoins .because u never know that when the country of ours will totally ban bitcoins until and unless u have too many bitcoins u cant rely totally on them.kudoos 
This seems to be a nice idea your turning your cash into bitcoin and start growing them into real profit not just profit but also you gaining experience which helps you on your daily living. I don't mind bitcoin will totally banned here in my country Even if you invest 1% of your money now, it will be dominant in a few decades.
I agree even just 1% it is already big enough as we can see that bitcoin is doing great and keeps on increasing as the day goes by. For me, as long as you are believing this crypto currency then you can invest any amount and any percentage that can make you satisfy. Because that will help already the adoption of bitcoin.
How much money are we talking about?. 1% is too little, and being overconfident
might lead to your loss. bitcoin is increasing right now, but always remember that bitcoin
had drawbacks from the past, being a little cautious is not a bad idea.
well i would suggest u to 80 percent cash and 20 percent bitcoins .because u never know that when the country of ours will totally ban bitcoins until and unless u have too many bitcoins u cant rely totally on them.kudoos
This seems to be a nice idea your turning your cash into bitcoin and start growing them into real profit not just profit but also you gaining experience which helps you on your daily living. I don't mind bitcoin will totally banned here in my country Even if you invest 1% of your money now, it will be dominant in a few decades.
I agree even just 1% it is already big enough as we can see that bitcoin is doing great and keeps on increasing as the day goes by. For me, as long as you are believing this crypto currency then you can invest any amount and any percentage that can make you satisfy. Because that will help already the adoption of bitcoin.
How much money are we talking about?. 1% is too little, and being overconfident
might lead to your loss. bitcoin is increasing right now, but always remember that bitcoin
had drawbacks from the past, being a little cautious is not a bad idea.
Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.
That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash Yes it is the best choice for its value increasing just by saving or holding it on our wallet, while in having cash it just there as is and there were times we can't stop ourselves to buy things we don't even need because we know we have cash.
Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.
That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash you're right. Fiat is impaired and controlled by the government - are two of his negative traits. Bitcoin is free of government decrees. That is why I try to keep their savings in Bitcoins only
Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.
That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash 
Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.
That is called inflation. Fiat is created for inflation. The longer time you hold your money, the less valuable It can be. Bitcoin is totally different since every four years, the halving occurs. This makes Bitcoin prices increase so that people love to use Bitcoin instead of cash
Value of fiat/paper money is always decrease becouse government can print it anytime they want. But bitcoin prise is always rise becouse the damand will alway higher than the supply. I think price is way have bitcoin instead of cash.
The reply seems simple to me in the case that you have some extra money and holding it in some box under your bed. Then better to chose bitcoin to hold your money in it, because the price for it is growing up as crazy and for cash it only falls.
I think not on price, instead of cash because bitcoin bitcoin currency is the future. where future money will be in digital form. cash is a transaction that has the old method
The reply seems simple to me in the case that you have some extra money and holding it in some box under your bed. Then better to chose bitcoin to hold your money in it, because the price for it is growing up as crazy and for cash it only falls.
bitcoin valuates over time
cash always devaluates
any other reason needed?
You are pretty much right about the cash but bitcoin is notIt guaranteed to keep going up in price, we have seen massive dips in the past and I think we could another small one when btc reaches $1000 per coin again because some people who bought at the top during the last run may have received enough of a scare to sell up.cash always devaluates
any other reason needed?
But when it comes to the service, bitcoin is really a good way to those people who want to transact anonymously and with cheap rates.
That's true that the future money will be digitized and the people will be on cashless society. It's all going to happen very soon and that is possible because of the technology. But as of now, there is no force adoption of bitcoin so still it's up to us if we are going to fully adopt bitcoin but better if we are going to use both.
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