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Topic: Why is the use of Bitcoin increasing? - page 2. (Read 1465 times)

newbie
Activity: 57
Merit: 0
April 15, 2018, 06:05:01 PM
The use of Bitcoin increases, This is in line with the increase in the value of virtual currency in recent weeks even to break the record high and many are investing Bitcoin because it is very accessible and very profitable for the user.
hero member
Activity: 840
Merit: 520
April 15, 2018, 01:20:41 AM
Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’
 But then - Why is the use of Bitcoin increasing?   

There is very old saying in English that more you criticize the thing, more it will become popular and the same thing happens with bitcoin also. Media, government, bank officials, all government bodies declared bitcoin illegal and declared the use of bitcoin risky, but now people have understood the real potential of bitcoin and now there are millions of people investing into BTC because Now they have understood that bitcoin is something that will bring revolutionary change in the economic society in future.
full member
Activity: 770
Merit: 100
April 13, 2018, 07:16:30 PM
many people are hoping for a huge profit by using bitcoin, as well as with the ease of bitcoin being a unique attraction for every bitcoin member. and he himself uses bitcoin for that reason.
member
Activity: 280
Merit: 10
April 13, 2018, 01:44:09 PM
The use of bitcoin is increasing due to the daily advert going on with Twitter,facebook,you tube, linking,people are using it to buy things online,buy airtime, there is even now bitcoin exchanging with fiat..
The advertisement of the bitcoin is really contributing in increasing the use of bitcoin in our society as now bitcoin is being use worldwide and people are really using bitcoin for shopping and to get everything they want in life, for me the best ever investment is bitcoin. it use to grow in price and get very high within time so it makes a lot of profit which is being a reason for people to love bitcoin.
full member
Activity: 399
Merit: 105
April 13, 2018, 10:21:24 AM
The people divided into two categories, those, who hold bitcoin, and those, who are opposed to it. The first category prevails.
hero member
Activity: 1610
Merit: 507
April 13, 2018, 02:54:04 AM
I think it's because some people seeing a new opportunity available from bitcoin itself for making money in the future so they decide to try to use bitcoin and only hold it without thinking about the price. the other side, many people trying to make money from bitcoin by doing a trade or other else so they can increase the amount of bitcoin they have. once they are a success to make money from bitcoin, they will tell their story to other people so they will come to bitcoin and try to make money like their friends said.
member
Activity: 280
Merit: 10
April 13, 2018, 12:43:34 AM
The use of bitcoin is increasing because everyone wants to be financially free from the government and Central Bank,  no one cares whether it is declared illegal or not,  bitcoin is a free market that unites people from different countries in other to come together and carry put huge amount of transactions within seconds even without knowing each other from anywhere before.  Bitcoin is great.
member
Activity: 406
Merit: 10
April 12, 2018, 04:34:54 PM
People are increasingly going crazy over bitcoin because it can give a chance to earn very good money. Therefore, the flow of investors only increases.
newbie
Activity: 42
Merit: 0
April 12, 2018, 04:28:49 PM
Because people see bitcoin as a form of investment by which they can earn real money
member
Activity: 114
Merit: 10
April 12, 2018, 04:27:36 PM
use of bitcoin nowadays is still increasing due to its advantage which gives the an easy flow of money. its nontaxable, yes indeed some countries banned and called bitcoin illegal but still it gives a better opportunity for cash to flow easily in the market.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
April 12, 2018, 04:25:49 PM
All these bank institutions, authorities, captains of industry and so on say bitcoin is illegal, because that's how they want to eliminate bitcoin. They see cryptocurrencies as a threat to their business, as bitcoin would bypass them in financial transactions. Spreading FUD would scare off investors, so the price would drop.
But as we see nowadays, bitcoin is getting more and more popular day after day.
member
Activity: 322
Merit: 10
April 12, 2018, 04:07:04 PM
Because bitcoin makes it possible to earn and has an excellent technology with the prospect of development.
full member
Activity: 364
Merit: 100
April 12, 2018, 03:48:58 PM
I think they speak negatively about bitcoin to those who do not benefit from its use. Cryptocurrency is a genius invention of this century, and we must use it.
member
Activity: 144
Merit: 10
April 12, 2018, 03:13:11 PM
I think very many see bitcoin as an asset, a form of investment and a very convenient method of payment. And the fact that in some countries it is still banned, so I think it's just a matter of time, my friends.
newbie
Activity: 126
Merit: 0
April 12, 2018, 03:08:08 PM
Suasti Atmastuti Astaman, Business Development Manager at Bitcoin Indonesia, said that the rapid rise was due to the growth of Bitcoin's user base and trading volume due to Bitcoin's legalization rules in various countries including China, the United States and Russia.

Clear regulatory framework and Bitcoin policy, enables local Indonesian users to better understand the benefits and advantages of using Bitcoin rather than fiat or other banking services.
newbie
Activity: 112
Merit: 0
April 12, 2018, 02:48:05 PM
the use of bitcoin is increasing  because its becoming widely acceptable and it is also increasing in value/worth. when something is of value/worth, it becomes very useful
member
Activity: 89
Merit: 10
April 12, 2018, 02:43:23 PM
Actually not because of the use of Bitcoin, but the rising investors. To be honest, until now fewer people use bitcoin as a payment especially when bitcoin is not illegal ... it's sort of unrecognized ... but you can wait a year or two and let's see what happens...
full member
Activity: 742
Merit: 160
April 12, 2018, 02:09:35 PM
Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’
 But then - Why is the use of Bitcoin increasing?   

Many people see bitcoin as a great opportunity to earn more money as they invest on it. Bitcoin is gaining much popularity mainly because it is getting more expensive as time passes by, the pump attracts more investors and users to invest on bitcoin. It is also revolutionary knowing that it is predicted to be the future currency we will be using in the future.
sr. member
Activity: 1036
Merit: 286
April 12, 2018, 02:07:00 PM
Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’
 But then - Why is the use of Bitcoin increasing?    

Bitcoin has a volatile value and as its value increases over time, the money you have spent to buy some of it will also increase which can also show up as a passive income wherein you are gaining profit without doing anything. It is also one of the main reason why many people are holding their bitcoin for a long time, hoping their profit will increase more. All of this are the reason why the number of bitcoin users are increasing over time.
hero member
Activity: 602
Merit: 500
April 12, 2018, 02:00:07 PM
Because everybody knows that bitcoin is so reliable that it will be profitable for those who invest into Bitcoin, so it's no mistake if bitcoin is getting more and more user use ...
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