Topic: Why should people use Bitcoin? - page 146. (Read 122125 times)
I use bitcoin transactions online because of faster and cheaper fees compared to real money transactions, In addition, bitcoin is anonymous so it makes me glad the transaction without a known identity.
I can point out a few reasons why people around me use bitcoins :
1.You're tech savvy : You simply like technology ,especially code/web/programming etc.
2.You want to be cool:There are bunch of this kind of people who simply use bitcoins because they think its cool to have those "Bitcoin Wallets" and show off their balances.
3.You're a trader: Extremely inclined to the business side of the market.They know what future has for them,they prepare for it .
4.You're a investor :There are this type of people who buy anything and everything and sell it off to earn profits.Mostly they have money and good financial backgrounds so they just buy bitcoins as assets .
5.You're a gambler:Yeah finally,you want to be safe/secure/anonymous while gambling use bitcoins because the government doesn't give much fucks about online bitcoin balances.
We know that people now daw have a high exchange rate for a 1 bitcoin..,1.You're tech savvy : You simply like technology ,especially code/web/programming etc.
2.You want to be cool:There are bunch of this kind of people who simply use bitcoins because they think its cool to have those "Bitcoin Wallets" and show off their balances.
3.You're a trader: Extremely inclined to the business side of the market.They know what future has for them,they prepare for it .
4.You're a investor :There are this type of people who buy anything and everything and sell it off to earn profits.Mostly they have money and good financial backgrounds so they just buy bitcoins as assets .
5.You're a gambler:Yeah finally,you want to be safe/secure/anonymous while gambling use bitcoins because the government doesn't give much fucks about online bitcoin balances.
Bitcoin has generated plenty of interest and controversy as a "third" type of currency and an alternative to government flat currencies like the U.S. dollar or the euro or pure commodity currencies like gold or silver coins.
Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.
Purchases Are Not Taxed
Since there is no way for third parties to identify, track or intercept transactions that are denominated in Bitcoins, one of the major advantages of Bitcoin is that sales taxes are not added onto any purchases.
according to Investopedia so better use bitcoin..,
Better really use bitcoin especially when your one on the one who's listed above ,a trader,a investor or a gambler and especially if your a tech savvy whose in need of extra job or extra money. Bitcoin really is the way to make you more worth than ever. It gives opportunities to everyone to perform their talents and discover there skills on growing their bitcoin.
in my opinion, people should use bitcoin is because bitcoin is easy to carry, we only need wallet, not physical wallet, we can do this by installing in our android phone. bitcoin is for every people in all country, we don't have to pay highest fee for each product we buy,we can transfer our btc in 24 hours for 7 days without any delay (except if the network have a huge transaction), bitcoin is the best investment that we can have and i am sure that there will be many other bitcoin advantage that we don't know.
I can point out a few reasons why people around me use bitcoins :
1.You're tech savvy : You simply like technology ,especially code/web/programming etc.
2.You want to be cool:There are bunch of this kind of people who simply use bitcoins because they think its cool to have those "Bitcoin Wallets" and show off their balances.
3.You're a trader: Extremely inclined to the business side of the market.They know what future has for them,they prepare for it .
4.You're a investor :There are this type of people who buy anything and everything and sell it off to earn profits.Mostly they have money and good financial backgrounds so they just buy bitcoins as assets .
5.You're a gambler:Yeah finally,you want to be safe/secure/anonymous while gambling use bitcoins because the government doesn't give much fucks about online bitcoin balances.
We know that people now daw have a high exchange rate for a 1 bitcoin..,1.You're tech savvy : You simply like technology ,especially code/web/programming etc.
2.You want to be cool:There are bunch of this kind of people who simply use bitcoins because they think its cool to have those "Bitcoin Wallets" and show off their balances.
3.You're a trader: Extremely inclined to the business side of the market.They know what future has for them,they prepare for it .
4.You're a investor :There are this type of people who buy anything and everything and sell it off to earn profits.Mostly they have money and good financial backgrounds so they just buy bitcoins as assets .
5.You're a gambler:Yeah finally,you want to be safe/secure/anonymous while gambling use bitcoins because the government doesn't give much fucks about online bitcoin balances.
Bitcoin has generated plenty of interest and controversy as a "third" type of currency and an alternative to government flat currencies like the U.S. dollar or the euro or pure commodity currencies like gold or silver coins.
Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.
Purchases Are Not Taxed
Since there is no way for third parties to identify, track or intercept transactions that are denominated in Bitcoins, one of the major advantages of Bitcoin is that sales taxes are not added onto any purchases.
according to Investopedia so better use bitcoin..,
Because using bitcoin is a great help to people have problems in money and it can help you to all of your expenses in your house like paying your electric bills and water bills, and using bitcoin can help you to buy the tgings that you ever wanted like shoes, shirts, pants and gadgets.
You are right, bitcoin help a lot of people who can't have a credit card or anything like bank account or online bank etc.. Or maybe some people who want to shopping in the internet but they are under 18 years old. bitcoin help peoples in different ways like:-Fast transactions
-Anonymously transactions
-Transactions with a low fees, and more good things.
So it's recommanded a lot.
The people that aren't used to sending payments with Bitcoin should get accustomed to receiving payments with Bitcoin because it's the easiest process of receiving money without having to own a computer with a large hard drive that could download the whole Blockchain.
I know that Online Bitcoin Wallets aren't that secure since it could get messed with or the wallet could have a downtime during the person's important time frame. It's a good start and it's also a risk because they should've read up on it before receiving the coins (it should only require 4 minutes or less and the person could receive Bitcoin payments).
I know that Online Bitcoin Wallets aren't that secure since it could get messed with or the wallet could have a downtime during the person's important time frame. It's a good start and it's also a risk because they should've read up on it before receiving the coins (it should only require 4 minutes or less and the person could receive Bitcoin payments).
I would say to get instantly rich if you buy it at the right time and you exit at the right time. Plus you don't even need to pay any taxes on it, so need to create off shore companies to save your taxes. The transactions are highly secured and most importantly your privacy is secured. No one will ever know who traded with who and this is the best feature ever of Bitcoin. It is limited in quantity so it's bound to rise and rise only.
BTC price speculation for 2030 --> 500k USD / btc.
I think people should be made aware about the benefits of bitcoins first and then only we can expect that they will start using bitcoins as if they are not aware about it they will not show any interest in using it and will continue to use fiat.
There should be an understanding that so strongly about bitcoin. If people know about the benefits bitcoin then I am sure a lot of people using bitcoin. So convincing someone is one way to develop bitcoin to become more popular in the community.But the major issue is that its not at all easy to convince people around you to start using bitcoins as most of them are not aware about latest technology and bitcoin is totally complicated concept for them which makes them to stay away from it.
there ARE a lot of positive reasons why people like us stated this new digital currency as the future hope. the most common points are it is transparent, we can not only see where our money travels but also can see the problems clearly so that we can actually start working on the problems as soon as possible.we have a community working together in making it more and more developed, like forums , sites and machines etc we are the bitcoin team.Information is constantly flowing and development is going at a significant speed.required actions where taken immediately as soon as enough users agree on a particular decision
Because using bitcoin is a great help to people have problems in money and it can help you to all of your expenses in your house like paying your electric bills and water bills, and using bitcoin can help you to buy the tgings that you ever wanted like shoes, shirts, pants and gadgets.
I think people should be made aware about the benefits of bitcoins first and then only we can expect that they will start using bitcoins as if they are not aware about it they will not show any interest in using it and will continue to use fiat.
There should be an understanding that so strongly about bitcoin. If people know about the benefits bitcoin then I am sure a lot of people using bitcoin. So convincing someone is one way to develop bitcoin to become more popular in the community.
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it.
Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins.
Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing.
I don't think that price will drop massively only because of the delay in confirmation time and even if it drops it won't drop permanently and will rise again in next few days so I don't think it will have huge impact on the declining the price of bitcoins.
Of course it is not going to happen just because of it. There are even more important things aside from that confirmation problem. And people should believe and use bitcoin because of the big market cap of it that makes the price higher. If they want to become rich in no time, they should use bitcoin as their main investment.
Yes and people who have faith in the potential of bitcoin will not treat delay in confirmation time a major issue as they very well know that it will get resolved in future and they will concentrate on how to have more amount of bitcoins which can make them rich in future.
Because a person that sees good opportunity on bitcoin will not treat that problem as a main deal. Because they still can see a lot of potential that bitcoin will always be the best investment and it will be accepted by many business entities and investors in the near future.
Bitcoin will surely become more popular and powerful in future when new companies and businesses will start adopting bitcoins and that will take price to higher level and that is the reason more and more people have started to invest their money in bitcoins.
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it.
Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins.
Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing.
I don't think that price will drop massively only because of the delay in confirmation time and even if it drops it won't drop permanently and will rise again in next few days so I don't think it will have huge impact on the declining the price of bitcoins.
Of course it is not going to happen just because of it. There are even more important things aside from that confirmation problem. And people should believe and use bitcoin because of the big market cap of it that makes the price higher. If they want to become rich in no time, they should use bitcoin as their main investment.
Yes and people who have faith in the potential of bitcoin will not treat delay in confirmation time a major issue as they very well know that it will get resolved in future and they will concentrate on how to have more amount of bitcoins which can make them rich in future.
Because a person that sees good opportunity on bitcoin will not treat that problem as a main deal. Because they still can see a lot of potential that bitcoin will always be the best investment and it will be accepted by many business entities and investors in the near future.
Bitcoin will surely become more popular and powerful in future when new companies and businesses will start adopting bitcoins and that will take price to higher level and that is the reason more and more people have started to invest their money in bitcoins.
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it.
Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins.
Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing.
I don't think that price will drop massively only because of the delay in confirmation time and even if it drops it won't drop permanently and will rise again in next few days so I don't think it will have huge impact on the declining the price of bitcoins.
Of course it is not going to happen just because of it. There are even more important things aside from that confirmation problem. And people should believe and use bitcoin because of the big market cap of it that makes the price higher. If they want to become rich in no time, they should use bitcoin as their main investment.
Yes and people who have faith in the potential of bitcoin will not treat delay in confirmation time a major issue as they very well know that it will get resolved in future and they will concentrate on how to have more amount of bitcoins which can make them rich in future.
Because a person that sees good opportunity on bitcoin will not treat that problem as a main deal. Because they still can see a lot of potential that bitcoin will always be the best investment and it will be accepted by many business entities and investors in the near future.
I think people should be made aware about the benefits of bitcoins first and then only we can expect that they will start using bitcoins as if they are not aware about it they will not show any interest in using it and will continue to use fiat.
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Yeah, bitcoin can be transacted quickly around the world, and it can be received in a minute. I think nowadays it is not that perfect and convenient because it takes you a day to receive a normal transaction and a big fee so it can be confirmed fast, in case of the security, bitcoin is top notch. I think bitcoin will be used more by the people especially in the future where the most of us use computers in our body, I mean our body in the future will be full of computer related accessories that will help our life to be efficient and convenient, bitcoin is one of those.
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it.
Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins.
Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing.
I don't think that price will drop massively only because of the delay in confirmation time and even if it drops it won't drop permanently and will rise again in next few days so I don't think it will have huge impact on the declining the price of bitcoins.
Of course it is not going to happen just because of it. There are even more important things aside from that confirmation problem. And people should believe and use bitcoin because of the big market cap of it that makes the price higher. If they want to become rich in no time, they should use bitcoin as their main investment.
Yes and people who have faith in the potential of bitcoin will not treat delay in confirmation time a major issue as they very well know that it will get resolved in future and they will concentrate on how to have more amount of bitcoins which can make them rich in future.
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it.
Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins.
Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing.
I don't think that price will drop massively only because of the delay in confirmation time and even if it drops it won't drop permanently and will rise again in next few days so I don't think it will have huge impact on the declining the price of bitcoins.
Of course it is not going to happen just because of it. There are even more important things aside from that confirmation problem. And people should believe and use bitcoin because of the big market cap of it that makes the price higher. If they want to become rich in no time, they should use bitcoin as their main investment.
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.
Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it.
Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins.
Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing.
That's the only issue that bitcoin have,other than that its fantastic, We cant really have all at once,that's why there's always a room for improvement,like what they say due to its demand ,bitcoin having hard time to do transactions faster ,but it still does it job in transferring and making our transaction possible so lets focus more on how beneficial it is to us and instead think on how to developed and improve knowing that were all benefiting from it.
Bitcoin is the future of money, or so they say.
I would like to hear your opinions on Why should people use Bitcoin?
simple answer , because bitcoin is investmen and bitcoin is simple payment . we can buy stuff without bring our money .. we can use bitcoin to overseas without change our money I would like to hear your opinions on Why should people use Bitcoin?
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