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Topic: Why I use Bitcoin ??? (Read 24647 times)

newbie
Activity: 15
Merit: 0
December 16, 2016, 12:57:09 PM
Because, Bitcoin is a gold now
newbie
Activity: 7
Merit: 0
December 16, 2016, 05:11:26 AM
For me is very simple, I want to make a profit because of the bitcoin. In addition it is for online shopping because of the payment has been received by the bitcoin online sellers.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
December 16, 2016, 03:33:17 AM
I'm using bitcoins because its easy and also very secure compared with other currency's another thing is that the profits are insane so investing is also worth it!
i agree with you bitcoin is easy to use and secured but if someone knows your private key they can steal your funds. bitcoin investing is worth it if you have alot of btc like 1000 btc which can make you huge profit.

I can't agree that investing is Worth only if you have 1000 Bitcoins or more. This is not true. You can start investing with very little amounts, like 0.1. Your earnings will not be big but it's recommended to start with smaller amounts to get the feeling and to learn. The more funds you have and invest the profit will be bigger if you iinvest and trade smart and have a bit of luck too. This is not an easy job and it's risky but if you get skilled you can profit.
newbie
Activity: 11
Merit: 0
December 16, 2016, 03:25:25 AM
I'm using bitcoins because its easy and also very secure compared with other currency's another thing is that the profits are insane so investing is also worth it!
i agree with you bitcoin is easy to use and secured but if someone knows your private key they can steal your funds. bitcoin investing is worth it if you have alot of btc like 1000 btc which can make you huge profit.
sr. member
Activity: 1162
Merit: 258
1xbit.com
December 16, 2016, 01:16:53 AM
I also have to agree that the security offered with bitcoin is the best reason to use it.  Some say that you could easily loose it by forgetting your address or keys, but that is the same with the money you have in your back pocket, you can loose that also.
yep security is one of the advantages of using bitcoin, Bitcoin users can also protect their money with backup and encryption.
full member
Activity: 236
Merit: 250
December 15, 2016, 09:12:29 PM
I also have to agree that the security offered with bitcoin is the best reason to use it.  Some say that you could easily loose it by forgetting your address or keys, but that is the same with the money you have in your back pocket, you can loose that also.
hero member
Activity: 840
Merit: 502
December 15, 2016, 09:10:35 PM
There are lot's of reason why you should trust bitcoin first is bitcoin can help you benifits and earn profit with other currencies it can help you to gain experience from trading , gambling , investment and other activities that you don't learn from your past. Bitcoin is great and can use easily can be transaction worldwide can easily send money to anyone.
These are good points, they are also some of the reasons that lead me to use Bitcoin. But the main reason is the possibility of creating an address and moving funds in a simple way, without bureaucracy. It's like they say, be your own bank.

Those are the best things about bitcoin and if I cannot anymore with it, I guess you have said it all. Being a currency itself, being an investment by just simply holding it. Even with these two factors, many are going to use bitcoins. And the good thing about it is per transaction we are making with bitcoin, the fees are so much cheaper.
in fact bitcoin is created for the purpose to be use as online currency as well as like fiat currency in real life, but as the the facilities of bitcoin is are not available everywhere therefore people are using it for investment and trading purposes, i think the best purpose for which bitcoin should be use for to use it as online currency.
People are using bitcoin as an investment and for trading because is on of the best things to invest right now even if there were lots of places to spend our bitcoins in real life there will be a lot of users storing theirs coins for the future.
newbie
Activity: 37
Merit: 0
December 15, 2016, 02:19:51 PM
Safe and reliable
newbie
Activity: 37
Merit: 0
December 15, 2016, 01:24:21 PM
Because it is fast
sr. member
Activity: 308
Merit: 250
December 15, 2016, 08:44:29 AM

Nowadays, for us to make a good income with bitcoin we need to invest a bigger amount for long term. You can trade but it is important to have a decent amount as your capital, this will enable you to do it seriously since you are going to see a good profit if you are doing it right.

You can practice with small amount in trading until you master the method to earn but with long term investment you need bigger investment.
You are right! Trading is really profitable in long term if you know how to manage it. And of course the higher the capital, the higher the profit. But if someone will just start and still on a learning process it is highly recommended to begin with small amount first.

Yeah, putting large amounts right away to start trading is very risky to do. If you lose, you will really regret it because you lose too much amount. If you're just starting trading it's better to start with the minimum amount so it would be not to disappointing if you lose. While you are trading with small amounts you will know many lessons that you can really use when you level up your capital in trading.
hero member
Activity: 2464
Merit: 594
December 15, 2016, 05:52:42 AM

Nowadays, for us to make a good income with bitcoin we need to invest a bigger amount for long term. You can trade but it is important to have a decent amount as your capital, this will enable you to do it seriously since you are going to see a good profit if you are doing it right.

You can practice with small amount in trading until you master the method to earn but with long term investment you need bigger investment.
You are right! Trading is really profitable in long term if you know how to manage it. And of course the higher the capital, the higher the profit. But if someone will just start and still on a learning process it is highly recommended to begin with small amount first.
hero member
Activity: 2856
Merit: 667
December 15, 2016, 02:34:24 AM
Generally speaking, I choose to use bitcoin over any altcoins because bitcoin has more of a real future than all the current altcoins.

When it comes to using/spending bitcoin vs fiat, currently in the present time, I prefer to use fiat actually. The reason being is that I want to hodl onto and accumulate as much bitcoin as I can, keeping in mind the upcoming halving.
Bitcoin is the real deal and we have seen how valuable it is already, you only invest for altcoins if you decide to trade it over a short period of time. Most of them does not succeed actually so be wise.
Nowadays, for us to make a good income with bitcoin we need to invest a bigger amount for long term. You can trade but it is important to have a decent amount as your capital, this will enable you to do it seriously since you are going to see a good profit if you are doing it right.

You can practice with small amount in trading until you master the method to earn but with long term investment you need bigger investment.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 14, 2016, 09:22:22 PM
Generally speaking, I choose to use bitcoin over any altcoins because bitcoin has more of a real future than all the current altcoins.

When it comes to using/spending bitcoin vs fiat, currently in the present time, I prefer to use fiat actually. The reason being is that I want to hodl onto and accumulate as much bitcoin as I can, keeping in mind the upcoming halving.
Bitcoin is the real deal and we have seen how valuable it is already, you only invest for altcoins if you decide to trade it over a short period of time. Most of them does not succeed actually so be wise.
member
Activity: 94
Merit: 10
December 14, 2016, 09:19:23 PM
I'm using bitcoins because its easy and also very secure compared with other currency's another thing is that the profits are insane so investing is also worth it!
member
Activity: 83
Merit: 10
December 14, 2016, 08:19:30 PM
Generally speaking, I choose to use bitcoin over any altcoins because bitcoin has more of a real future than all the current altcoins.

When it comes to using/spending bitcoin vs fiat, currently in the present time, I prefer to use fiat actually. The reason being is that I want to hodl onto and accumulate as much bitcoin as I can, keeping in mind the upcoming halving.
hero member
Activity: 910
Merit: 1000
December 14, 2016, 06:59:44 PM
I will do many online activities, means online business, so this bitcoin made my payment method very easy and very fast. Now all online workers and buyers are accepting bitcoin as a there payment method. And this bitcoin price also helps me some time. The price increased suddenly and I had some coins that coins value also doubled. So many ways BTC helped me.
hero member
Activity: 1008
Merit: 501
December 14, 2016, 06:39:07 PM
using bitcoin I find it easier to conduct transactions without adannya from other parties who control the transaction. benefit more than bitcoin I guess that makes me fall in love with the use of bitcoin today. so why do I use bitcoin today because Bit[Suspicious link removed]d for earnings !!!
yeah whatever you do with your bitcoin, illegal transactions or not. no one is sure who will stop you and besides all the people will not know if it was you dude ? yeah I particularly liked the very private and require you to use bitcoin
sr. member
Activity: 294
Merit: 250
December 14, 2016, 03:07:18 PM
There is no difference, some are fast some are stealth but they are all on similar blockchain..
We need something completely new.  Roll Eyes

Isn't bitcoin something completely new to you?
Bitcoin is that thing to me that helps me to make money without going away from the house and working 8 hours per day for some stupid boss.
MMA
legendary
Activity: 1134
Merit: 1000
December 14, 2016, 02:29:55 PM
the reason i use bitcoin is that i see it becoming the world currency in the future time to come and as such with potentials in the exchange market ,one  can really make money from it very well and every thing about bitcoin  are fast and sure  so with time when people get to know more about bitcoin they will really appreciate it value.   
in fact the main reason behind this is that people are now interested in digital currency and in all digital currencies bitcoin is the world number one digital currency therefore people are including i using it.
sr. member
Activity: 672
Merit: 250
December 14, 2016, 11:45:18 AM
Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information. This protects merchants from losses caused by fraud or fraudulent chargebacks, and there is no need for PCI compliance. Merchants can easily expand to new markets where either credit cards are not available or fraud rates are unacceptably high. The net results are lower fees, larger markets, and fewer administrative costs.

I read somewhere on this forum that some people can do that reversing thing with bitcoin too, like if bitcoin is accepted in a shop and someone buys something from there paying with bitcoins, and at the same time he sends a transaction having the same input to another of his own wallet address so the previous transaction gets replaced with the new one.
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