Why Should I Choose Bitcoin ?? - page 81.

voltesbit777

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Quote from: leapordlion on September 03, 2016, 04:27:51 PM

Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !

Number 5 is the most convenient to use and very easy to explain to others. Only people don't get bitcoin was the one who didn't check what bitcoin does means.

carlerha

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Quote from: geopolisch on February 24, 2017, 02:16:32 AM

Quote from: transabox on February 20, 2017, 11:39:42 AM

Only upsets that have half lives to live modestly and save that in the distant future to become rich. May be

Yeah, it is no doubt that the bitcoin has a really bright future and it has the potential to become something that is either rare to find or used so much in our lives and it only makes sense that we today struggle to save and invest in bitcoin in order to find ourselves rich when that happens.

yes i agree with you, there is no doubt about this that bitcoin has a bright future and we can feel that from the present progress of bitcoin. as the price of bitcoin is increasing because people are continuously investing money in bitcoin.

carlerha

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Quote from: HaXX0R1337 on February 26, 2017, 11:02:37 AM

Quote from: szpalata on February 24, 2017, 05:46:46 AM

I opt for bitcoins because of secured global transactions at near zero processing fees and the great accessibility that the blockchain technology presents to each individual user. It's fascinating to have these features of Bitcoin in our time.

Everyone is attracted to the low transaction fees in the beginning but now a days i think the fees are increasing if you really wanted a faster transaction and if it continues like this there will be a time when the fees will be higher for a simple transaction and you have to completely void micro transactions through bitcoin.

yes that is now creating problems and that problems should be solve on time. i think the exchange must do the change on conditions and they should not be let as free to change their transaction fees according to their own desires. i think this can create problems in future.

nikona

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Quote from: audaciousbeing on February 27, 2017, 04:07:04 AM

There are several reasons to believe in bitcoin like everyone else and at the same time you have to choose the one that appeal to you most because not everyone will choose something because of a particular reason. In my own case, the reason I believe in bitcoin is nothing other than the fact that it makes it possible for me to earn amount for services rendered with little or no difficulty and that is enough reason for me.

Haha, that sounds like you are talking about signature campaigns. In any case, I believe in bitcoins because there is a huge potential upside to it because, we can agree the fact that it still isnt mainstream and I'm sure the time will come that it will become mainstream sooner or later. If it does happen, the price of coin will increase making it investors dream and we, who have been involved in BTC for a long time becoming rich along with the investors.

canah17

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Quote from: leapordlion on September 03, 2016, 04:27:51 PM

Why Should I Choose Bitcoin ??
It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !

Well i would choose 1, 2 and 5 because bitcoin helped me a lot these days about the transactions of it its not that difficult than i expect but its not stressful unlike the others they are difficult to dwelt with and also i have chosen 2 because the expense are low i mean very low in my wallet i have 1% bonus if i send money or buy load Cheesy

and the 5 is the payment is one click away Cheesy

and the transaction is not that difficult Cheesy

so bitcoin is really awesome Cheesy

audaciousbeing

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There are several reasons to believe in bitcoin like everyone else and at the same time you have to choose the one that appeal to you most because not everyone will choose something because of a particular reason. In my own case, the reason I believe in bitcoin is nothing other than the fact that it makes it possible for me to earn amount for services rendered with little or no difficulty and that is enough reason for me.

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Quote from: Victorycoin on February 26, 2017, 10:59:26 AM

Quote from: deisik on February 18, 2017, 10:46:12 AM

Quote from: SilverM8 on February 18, 2017, 10:34:40 AM

I read so much about Bitcoin being decentralized, low transaction fees and virtually instantaneous... REALLY!!!
I have been using and learning as much as possible about bitcoin over the last couple years and there is one very big elephant in the room.. It is controlled - just not by governments or banks or so we think... the miners and exchanges are not really all that regulated, so their greed will get the better of BTC in the end. I tried moving my BTC from my electrum wallet to an exchange 12 hours ago...still waiting for confirmation because I did not pay enough of a fee... sound familiar??!

This is what you should have expected

Transaction fees are no longer low. In fact, if you are transacting small amounts, the fees may be even higher in dollar terms than what you would pay if you tried to transfer the same amount via a regular bank (using fiat). In this aspect, Bitcoin becomes sort of elitist asset (like Berkshire Hathaway stock which is worth over 250k dollars per share). I don't really know if this bodes good or bad for Bitcoin in the long run, but microtransactions using it are basically done with today

It goes without saying that high transaction fees especially for the micro-transactions does not bode well for Bitcoin and the community we are trying to build around it. Apparently it is looking more of swooping horses in midstream because one of the pillars of Bitcoin, is that it promised very low transaction fees, but of late, it is becoming a case of the highest bidder gets it all and that is pathetic. If transacting in fiats are beginning to look more appealing than with Bitcoin, then we had better watch it before it becomes, "watch out!"

I guess we should live through this

It is sort of catharsis, i.e. getting rid of potentially fatal threats by going through them. It should be clear by now to everyone with a half functioning brain that if Bitcoin price will be rising and its adoption expanding, transacting with Bitcoin will make less sense in due course. Right now, if you are sending 0.1 BTC (which is over 100 hundred dollars, just in case), you have to pay up to 1% in transaction fees if you want your transaction to be confirmed soon enough. If Bitcoin adoption expands dramatically, Bitcoin will become completely unusable since no one in his sober mind would want to pay 10% in fees of the amount transferred (since that's what we may end up with due to competition between senders). If we'd better get there faster rather than slower since otherwise it will be a case of the proverbial frog slowly boiling to death

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Quote from: Himanshu111 on February 24, 2017, 04:10:08 AM

You should choose Bitcoin because transactions involve very low or no trading cost. Plus your trading information is 100 percent secure.

I don't think if this time the transaction fees are lower. because too many the transaction are getting stuck to get a validating by the block to get a confirmation. It's not true in my mind the cost is always increase.

HaXX0R1337

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Quote from: szpalata on February 24, 2017, 05:46:46 AM

I opt for bitcoins because of secured global transactions at near zero processing fees and the great accessibility that the blockchain technology presents to each individual user. It's fascinating to have these features of Bitcoin in our time.

Everyone is attracted to the low transaction fees in the beginning but now a days i think the fees are increasing if you really wanted a faster transaction and if it continues like this there will be a time when the fees will be higher for a simple transaction and you have to completely void micro transactions through bitcoin.

Victorycoin

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Quote from: deisik on February 18, 2017, 10:46:12 AM

Quote from: SilverM8 on February 18, 2017, 10:34:40 AM

I read so much about Bitcoin being decentralized, low transaction fees and virtually instantaneous... REALLY!!!
I have been using and learning as much as possible about bitcoin over the last couple years and there is one very big elephant in the room.. It is controlled - just not by governments or banks or so we think... the miners and exchanges are not really all that regulated, so their greed will get the better of BTC in the end. I tried moving my BTC from my electrum wallet to an exchange 12 hours ago...still waiting for confirmation because I did not pay enough of a fee... sound familiar??!

This is what you should have expected

Transaction fees are no longer low. In fact, if you are transacting small amounts, the fees may be even higher in dollar terms than what you would pay if you tried to transfer the same amount via a regular bank (using fiat). In this aspect, Bitcoin becomes sort of elitist asset (like Berkshire Hathaway stock which is worth over 250k dollars per share). I don't really know if this bodes good or bad for Bitcoin in the long run, but microtransactions using it are basically done with today

It goes without saying that high transaction fees especially for the micro-transactions does not bode well for Bitcoin and the community we are trying to build around it. Apparently it is looking more of swooping horses in midstream because one of the pillars of Bitcoin, is that it promised very low transaction fees, but of late, it is becoming a case of the highest bidder gets it all and that is pathetic. If transacting in fiats are beginning to look more appealing than with Bitcoin, then we had better watch it before it becomes, "watch out!"

JL421

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Quote from: Barbarian on February 19, 2017, 12:24:59 PM

You forgot probably the most important features of bitcoin, first bitcoin is decentralized and you are your own bank and no one can grab your coins without your permission, unless you are hacked of course.

Yeah that's so true. With bitcoin one can keep so much money but no one really cares, plus if we put our money in bank they'll ask 100 questions and finally when we keep it we get 6-8% per year while bitcoins keep how much ever you want they don't care it's more like swiss bank but the difference is bitcoin provides around 20% growth per year which is the best in today's market.

szpalata

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I opt for bitcoins because of secured global transactions at near zero processing fees and the great accessibility that the blockchain technology presents to each individual user. It's fascinating to have these features of Bitcoin in our time.

Himanshu111

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You should choose Bitcoin because transactions involve very low or no trading cost. Plus your trading information is 100 percent secure.

geopolisch

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Quote from: transabox on February 20, 2017, 11:39:42 AM

Only upsets that have half lives to live modestly and save that in the distant future to become rich. May be

Yeah, it is no doubt that the bitcoin has a really bright future and it has the potential to become something that is either rare to find or used so much in our lives and it only makes sense that we today struggle to save and invest in bitcoin in order to find ourselves rich when that happens.

As per current available options, bitcoin must be the only viable opportunity for all kind of people. Anyone can invest into bitcoin, I mean any least money too.

This cannot be found anywhere else. I guess this would be more than enough reason for mid level of investors to choose bitcoin as their investment options. Over time they can turn their investment into daily using currency.

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Quote from: RoommateAgreement on February 19, 2017, 10:58:28 PM

Quote from: honglien on February 19, 2017, 10:50:10 PM

Quote from: upsidedown75 on February 19, 2017, 04:40:05 PM

Quote from: praboso96 on February 19, 2017, 01:50:53 PM

Quote from: Barbarian on February 19, 2017, 12:24:59 PM

You forgot probably the most important features of bitcoin, first bitcoin is decentralized and you are your own bank and no one can grab your coins without your permission, unless you are hacked of course.

Yes, this is one of the main advantages of Bitcoin. But there are many other important points. For instance what Bitcoin is not subject to inflation. It is also very important

Yes, there are numerous things about bitcoin to choose it. But like many common people, I am also preferring the no authority nature of bitcoins as I was not finding better stay with Paypal. The investment option must be another reasons why I am into bitcoins and why I am saving it for my future.

Yes, If you have savings why not put a portion in bitcoin. It doesn't do you any good in your bank account.

the keyword that everyone should pay attention to is "a portion of" and that should be the most important thing when it comes to investing. and that portion should be something that you can afford to lose and also at the same time should be an amount that you can buy a decent amount and make a decent profit when price goes up.

You are correct but if someone has decided it is worth to take the risk and invest most of his money in bitcoin with the hopes that it goes up in value is something it can be done although it is not recommended because if bitcoin crashes then we could lose a lot of money.

transabox

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Quote from: Zadicar on February 20, 2017, 08:06:46 AM

Quote from: Mr.grin on February 19, 2017, 11:45:46 AM

Quote from: Zadicar on February 19, 2017, 11:05:08 AM

Quote from: laredo7mm on February 19, 2017, 09:39:40 AM

Quote from: asriloni on February 19, 2017, 03:22:24 AM

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Quote from: asriloni on February 17, 2017, 05:39:15 AM

Quote from: bbmeyfa on February 17, 2017, 01:35:34 AM

Global currency is devalued, and bitcoin has unlimited appreciation potential. As an investment, bitcoin is the best choice.

but not as a currency with scaling problem and a lot of the legitimate reason was touching bitcoin. Bitcoin really good as our investment place.

It is a good place to invest and besides of unlimited appreciation potential, there is an unlimited opportunities depending on your skills and what you know to do. And thinking as an investment, this is the best investment because of doing effortless you can have the chance to grow your money. When its supply limit reached, the advantage is on you.

Yeah it's a good place for some reason and that's also the bad place for some reason too. but the advantages are even much rather than the disadvantages of bitcoin.

Every coins has two sides and bitcoin is no exception in that case and if you will keep on involving yourself in gambling stuffs then it will take you no where in future and you will be loosing all the money you have so its better to keep on earning in positive way instead of depending on shortcuts of earning money.

We should really put up on our minds that there is no easy get rich scheme on this world and all must really need hard work in able to achieve.Gambling would not really give you anything good infact it would just put you into deep debts or serious problems related to financial.

Well, no one said that it would be very easy to become rich, even with gambling. but, by using bitcoin, we might become rich from way unexpected, therefore, choose bitcoin will be a great advantage for those who choose it ..

Getting rich because of bitcoin is really possible if we do save lots of it because price of bitcoin does really increase on long term that's the thing we do hope for in near future and as of now saving btc as much as we can.

I totally agree with you. Only upsets that have half lives to live modestly and save that in the distant future to become rich. May be

Zadicar

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