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Topic: Why Should I Choose Bitcoin ?? - page 82. (Read 48096 times)

hero member
Activity: 770
Merit: 500
Bazinga!
February 19, 2017, 11:58:28 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.
full member
Activity: 293
Merit: 100
February 19, 2017, 11:50:10 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.
full member
Activity: 150
Merit: 100
February 19, 2017, 11:27:27 PM
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 ..
Bitcoin makes people rich, maybe. Bitcoin as a long-term investment products, is a good investment strategy, the premise is that bitcoin will not be replaced by the new digital currency (I personally think that the probability of occurrence of this matter can be ignored). Gambling is like speculation, unless you have a strong mind and a wealth of experience, in order to make a profit.
hero member
Activity: 686
Merit: 521
February 19, 2017, 08:45:08 PM
Bitcoin is the only currency other than other cryptocurrencies that appreciate in value with time like a wine.
Bitcoin is not only an asset its a form of an investment.
hero member
Activity: 924
Merit: 506
February 19, 2017, 06:10:32 PM
Stop quoting 5 people at once Smiley I don't think that any one has ever forced other people to use bitcoin unless they have to, like I have to use it but I love bitcoin and I feel more comfortable doing so and will do whatever that I can to support it. bitcoin can speak for itself we only need to let others to know about it so they can experience and decide for themselves.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
February 19, 2017, 05:50:27 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.
Not only those are the benefits that we can get in bitcoin since we are all earnings in bitcoin in signature campaign most of the member here they are staying in bitcoin because they are earnings bitcoin in signature campaign am i right? and then to other they can earn bitcoin from giveaways in this forum..  doin simple task in services section.. getting the benefits of price increase . those are i think we are getting benefits why we are choosing bitcoin.. but for buying product and service bitcoin still not the same as paypal that world wide web are accepting paypal as payment except for ponzi scammers and for blackmarket.
legendary
Activity: 1288
Merit: 1036
February 19, 2017, 05:40:05 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.
full member
Activity: 187
Merit: 100
February 19, 2017, 02:50:53 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
sr. member
Activity: 728
Merit: 250
February 19, 2017, 01:24:59 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.
sr. member
Activity: 381
Merit: 250
February 19, 2017, 01:23:01 PM
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 ..
That is correct. Imaging that in the future, most of the people will use bitcoin but there are only 21 millions Bitcoin available, the prices will definitely crossed  $10000. The more you use it, the more knowledge you can have about it. And, if you are good in the cryptos field, try to hold other cryptos too because they are also very very potential

Holding bitcoins for long term can be good but you cannot afford to hold any altcoin for a long term as it can be very risky as we don't know what's the future of that particular altcoin as there are many coins that disappears in quick time so in that case holding them can be risky.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
February 19, 2017, 01:19:05 PM
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 ..

Unexpected ways like a sudden increase in bitcoin price can be a good thing. And I would say currently this only happen with bitcoin, or most probably to happen with bitcoin, with fiat it happens very rarely. That is a good reason to choose bitcoin instead of another currencies.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
February 19, 2017, 01:18:24 PM
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 ..
That is correct. Imaging that in the future, most of the people will use bitcoin but there are only 21 millions Bitcoin available, the prices will definitely crossed  $10000. The more you use it, the more knowledge you can have about it. And, if you are good in the cryptos field, try to hold other cryptos too because they are also very very potential
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
February 19, 2017, 01:07:45 PM
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

I don't know why people face such problems, i personally never faced any problems of transactions with bitcoins though i have sent as low as 0.0012 bitcoins to people or sites for small services. It only happens with one out of hundred and people take it so seriously that they start panicking and start blaming bitcoin for not having low fees anymore, but if we compare it to other payment processors, it is still the best

That mostly depends on how urgently you need your coins

Waiting can be frustrating if you need your coin fast, either to receive or to send. A few years ago I sent 1 bitcoin from Bitfinex (I don't know about now but back then they paid the fees for their clients) to another exchange looking to earn profits through arbitrage and the transaction got stuck for more than a day because Bitfinex paid too low a fee on it. In the end it got confirmed but I was not quite happy waiting for it to get through
legendary
Activity: 1218
Merit: 1000
February 19, 2017, 12:45:46 PM
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 ..
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 19, 2017, 12:05:08 PM
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.
hero member
Activity: 1498
Merit: 537
February 19, 2017, 10:39:40 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.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 19, 2017, 04:22:24 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.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
February 19, 2017, 03:58:45 AM
Some will start using bitcoin because it is getting popular "My friend is using it I want to use it". Which comes from the trust level of owners that led to large number of acceptability. Which I suppose could be the last factor at the later days of its spread among new users.
When an individual is not able to find out the advantages and potentials of one system why not we just go with his friend's recommendation. I believe many people are already going this way, with the respect to bitcoin they will be safer all the times unlike any other system. I have read many people have got into bitcoins just due to their friends. The time will justify the rightness of their decisions.
hero member
Activity: 756
Merit: 500
February 19, 2017, 03:26:29 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

I don't know why people face such problems, i personally never faced any problems of transactions with bitcoins though i have sent as low as 0.0012 bitcoins to people or sites for small services. It only happens with one out of hundred and people take it so seriously that they start panicking and start blaming bitcoin for not having low fees anymore, but if we compare it to other payment processors, it is still the best.
legendary
Activity: 1078
Merit: 1000
February 19, 2017, 02:51:21 AM
I chose bitcoin for directing us to the gates of world financial freedom.

I think there will be countries that actually use bitcoin currency fully as central by using regulation that doesn't burden everyone (third world countries), and from these countries will present a bitcoin bank that upholds freedom and security.
I don't think it is a good idea to use bitcoin as a currency as the price changes can cause lot's problem if one is selling items in a store.
I prefer a better idea would be to introduce bitcoin as one the payment method. And i don't think there will actually be any country which
will allow us to use bitcoin without any burden
i think some areas people are already using bitcoin as currency. because in some place there are shops who accept bitcoin for shopping. they first convert the price in to fiat and then accept bitcoin for that items. i think it is not such a difficult job and everyone can do that very easily.

Yeah that is true but if you compare to all people in this world, the use of bitcoin is still a little bit and shop that accept bitcoin is less too. ATM also take only tiny part in this bitcoin, to make sure bitcoin is going to rise we really need to attract more people into it. This is the only way to make sure bitcoin will take care of everything  and it will answer OP question why people need some bitcoin
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