Why should people use Bitcoin? - page 149.

Sled

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Bitcoin- in bullish time

Quote from: newfidegm on April 05, 2017, 08:26:53 PM

Some reasons I know:
- You can be anonymous in the transaction.
- It doesn't require chargeback.
- Low transaction fees.
- The last and the best, this year bitcoin will be the most value currency in the world.

The low transaction fees is not real anymore because it keep on rising and it making the transaction fees expensive because of the high growth of user so the miners can't sustain it and because they need a higher class of mining rigs they keep in increasing the fees and soon we will face a lot more expensive fees in doing transaction but i think it will be a bad thing for bitcoin because that will become a threat for possible bitcoin users to not use bitcoin.

steampunkz

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People should use bitcoin because It is private and efficient, You can almost pay everything in the internet thru bitcoin payments. Also bitcoin is good why? Because its like you have your own bank that is private. You can easily access to it, Anywhere you want. Also its more safe than carrying a big amount of money when going on shopping. No need to get your credit card. Just scan everything that you will pay thru bitcoin.

newfidegm

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Some reasons I know:
- You can be anonymous in the transaction.
- It doesn't require chargeback.
- Low transaction fees.
- The last and the best, this year bitcoin will be the most value currency in the world.

mornabo

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Activity: 1148

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Quote from: roomfirst on April 05, 2017, 06:34:44 AM

Quote from: btcwonder1 on April 05, 2017, 06:29:23 AM

- Transactions are fast
- User anonymity
- No chargeback frauds which is pretty common for the credit/debit card users
- The currency is decentralized, so you don't have to worry about getting monitored by any government or private agency
- Low transaction fees

And much more. I could go on forever but other members have already described so much, thought would take a stop here

Transactions are fast, yes i agree but the problem is on the confirmation because it can took a time to wait until our transaction become confirmed. The most power of bitcoin is the fee itself and how easy to use bitcoin as an online currency.

Lol yeah especially if you use blockchain and you send bitcoin at least 0.1 BTC with a fee of 10k or 20k satoshi satoshi. I can guarantee that your transaction will be confirmed in the next day lol

thisappointed

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It is not that people should use bitcoin, of course it still depends on someone if he or she wants to use it over fiat. But most of the people wants to use fiat over bitcoin because they think bitcoin is just a scam, which is my first impression too, but I was wrong about it, and it is hard to persuade someone to use bitcoin especially if they are used to earning fiat in their everyday lives.

In short, it is all about Choices that we have to make, but if they are going to use bitcoin in fiat at the same time, then I would say it is more better over just using fiat, which has no advantage at all unlike bitcoin.

BeGoods

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Quote from: Sled on April 04, 2017, 03:32:31 AM

Quote from: magneto on April 04, 2017, 02:44:02 AM

Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

People should use bitcoin because bitcoin is a good way to oppose the government's intervention in people's daily lives.

By using bitcoin, you are staying anonymous.

You are also staying safe as a seller because you know that the currency you are getting isn't reversible, and that means instead of having to being worried about chargebacks on paypal, you know you're in the safe area with bitcoin.

Being anonymous is one of the best thing that bitcoin can give to you because you don't have to worry about being traced of any people in the internet when you do transactions. And bitcoin is also safe because it doesn't do chargebacks unlike paypal but the only concern for me is the fees that is rising up while the paypal have stable fees.

I think anonymous will not be too used to the common people who have no illegal transaction purposes. they will not be too concerned about anonymous. but decentralization will be quite important

roomfirst

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Quote from: btcwonder1 on April 05, 2017, 06:29:23 AM

- Transactions are fast
- User anonymity
- No chargeback frauds which is pretty common for the credit/debit card users
- The currency is decentralized, so you don't have to worry about getting monitored by any government or private agency
- Low transaction fees

And much more. I could go on forever but other members have already described so much, thought would take a stop here

Transactions are fast, yes i agree but the problem is on the confirmation because it can took a time to wait until our transaction become confirmed. The most power of bitcoin is the fee itself and how easy to use bitcoin as an online currency.

btcwonder1

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Activity: 54

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- Transactions are fast
- User anonymity
- No chargeback frauds which is pretty common for the credit/debit card users
- The currency is decentralized, so you don't have to worry about getting monitored by any government or private agency
- Low transaction fees

And much more. I could go on forever but other members have already described so much, thought would take a stop here

BeManga

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Activity: 962

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Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

it can be the future money or not
one of the main reason why i use bitcoin because its easy to use

blackhawkeye1912

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Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

It is because very safe to use, fast, the fee is very low for every transaction, it is decentralize, that no any institution that can control your own bitcoin. Lastly, you can make a bitcoin savings for the future.

DarkIT

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for the moment, I do not think that they will refuse to use bitcoin.
bitcoin obviously provide great benefits for users. view, if someone is using bitcoin and store since the beginning of 2016, then, this time they really have a lot of money. the exact reason that they have to use it is, because bitcoin really provides a great advantage.

Dorky

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Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

Because Bitcoin will be the Mark of the Beast.
And nobody can buy or sell without it.

Xenophoto

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Quote from: magneto on April 04, 2017, 02:44:02 AM

Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

People should use bitcoin because bitcoin is a good way to oppose the government's intervention in people's daily lives.

By using bitcoin, you are staying anonymous.

You are also staying safe as a seller because you know that the currency you are getting isn't reversible, and that means instead of having to being worried about chargebacks on paypal, you know you're in the safe area with bitcoin.

Only if the other party is willing to send first. Otherwise, you're still at a very risky state as the payment is not yet guaranteed. It's more risky than Paypal's charge back feature. You have to be trusted in this forum before a buyer sends first. Otherwise, he'll require an escrow but if he wants to scam you, he would avoid that and just ask you to save your effort. He'll ask you to just trust him instead, because he doesn't want to scam you. Although quite obviously you'd end up getting scammed if you put your trust on the buyer.

Rule number one of the online world, never trust anyone.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: magneto on April 04, 2017, 02:44:02 AM

Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

People should use bitcoin because bitcoin is a good way to oppose the government's intervention in people's daily lives.

By using bitcoin, you are staying anonymous.

You are also staying safe as a seller because you know that the currency you are getting isn't reversible, and that means instead of having to being worried about chargebacks on paypal, you know you're in the safe area with bitcoin.

Being anonymous is one of the best thing that bitcoin can give to you because you don't have to worry about being traced of any people in the internet when you do transactions. And bitcoin is also safe because it doesn't do chargebacks unlike paypal but the only concern for me is the fees that is rising up while the paypal have stable fees.

magneto

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Activity: 1666

Merit: 753

Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

People should use bitcoin because bitcoin is a good way to oppose the government's intervention in people's daily lives.

By using bitcoin, you are staying anonymous.

You are also staying safe as a seller because you know that the currency you are getting isn't reversible, and that means instead of having to being worried about chargebacks on paypal, you know you're in the safe area with bitcoin.

Casabrandy

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Activity: 837

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Quote from: andrew24p on April 03, 2017, 07:25:25 PM

Most people DONT need bitcoin if they are in first world countries. censorship resistance and the ability to avoid hyper inflated currencies and given the freedom of money is important to many around the world.

but there were still lots of people who were in need for money,if they want to earn extra ,bitcoin can really be a good source of income as well its features that is profitable and productive , 1st world countries might be using also bitcoin for their business too.

andrew24p

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Most people DONT need bitcoin if they are in first world countries. censorship resistance and the ability to avoid hyper inflated currencies and given the freedom of money is important to many around the world.

blackhawkeye1912

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Activity: 784

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Quote from: Blawpaw on December 08, 2015, 12:47:30 PM

Bitcoin is the future of money, or so they say.

I would like to hear your opinions on Why should people use Bitcoin?

Bitcoin for me is the best online payment it doesn't need any documentation requirements or etc. And its very fast and easy to use in online shopping, together if you like to transfer money to your love ones its very convenient, and very secured and the charge for every transaction that you wanna made is very low, so what else you could ask for.

Creepings

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Merit: 257

Quote from: evilgreed on March 29, 2017, 12:49:49 AM

Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.

Yeah, I can still remember the transaction of bitcoin to be so fast and so cheap, I can transact a few bitcoin for some cents and just like that, even without checking the transactions, the confirmations are really fast. These also is the reason I use bitcoin amd still use it nowadays. Even if these problems are known even in past, still I continued to use it because I trust the people who understand the core that will find a solution about these matters.

Victorycoin

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Activity: 1134

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Bitcoin is no doubt going through some tough times now, but be that as it may, it already made its impact at revolutionizing money. It is a pioneer and nothing takes that away from it. The future of money simply rests on the foundation Bitcoin has laid and one of the non-negotiable features is that, it is our money after all and we decide where, when and what to spend it on.

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