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Topic: Why should people use Bitcoin? - page 150. (Read 122103 times)

hero member
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April 01, 2017, 06:20:55 PM
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.
hero member
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March 29, 2017, 10:31:42 AM
Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.

Right now bitcoin is no longer that easy and has low fees. With the current problems on the bitcoin chain transactions are no longer that easy since transactions will take longer than ever to confirm. The next thing is that the fees are increasing almost every two months and right now the charges are very high and even reaches 2$. But even after these current situation I will never leave bitcoin.

Yeah we should not bother about higher fees as bitcoin is providing us many other benefits which is not possible with fiat currency so even if fees reaches to the moon I will still prefer to use bitcoins as its giving me extra source of income.
hero member
Activity: 994
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March 29, 2017, 09:31:59 AM
Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.

Right now bitcoin is no longer that easy and has low fees. With the current problems on the bitcoin chain transactions are no longer that easy since transactions will take longer than ever to confirm. The next thing is that the fees are increasing almost every two months and right now the charges are very high and even reaches 2$. But even after these current situation I will never leave bitcoin.
hero member
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Bcnex - The Ultimate Blockchain Trading Platform
March 29, 2017, 09:24:36 AM
It is very easy and it is simple in every transaction. Bitcoin has low interest in online transaction and it is not like other currency.
Yeah the bitcoin transaction is genuine while many other is full with scam.

Suggesting that people should use Bitcoin because it isn't a scam is pretty naive to even think about. The price of Bitcoin could crash within a day after this post and even Blockchain.info and other websites that feature Blockchains could get offline at the same time. Bitcoin is nice to have, spending payments without relying on another entity is good too. Bitcoin could crash while not being able to spend it so we have to remain careful.

right, some people thinks that bitcoin is a scam without even trying, though people whose in need of extra income or have time to do extra job will find bitcoin as really profitable and beneficial, I really find it helpful for I can earn only while posting and if learn to do more stuffs that bitcoin offers.
hero member
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March 29, 2017, 09:17:23 AM
It is very easy and it is simple in every transaction. Bitcoin has low interest in online transaction and it is not like other currency.
Yeah the bitcoin transaction is genuine while many other is full with scam.

Suggesting that people should use Bitcoin because it isn't a scam is pretty naive to even think about. The price of Bitcoin could crash within a day after this post and even Blockchain.info and other websites that feature Blockchains could get offline at the same time. Bitcoin is nice to have, spending payments without relying on another entity is good too. Bitcoin could crash while not being able to spend it so we have to remain careful.
full member
Activity: 150
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March 29, 2017, 09:10:03 AM
It is very easy and it is simple in every transaction. Bitcoin has low interest in online transaction and it is not like other currency.
Yeah the bitcoin transaction is genuine while many other is full with scam.
full member
Activity: 266
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March 29, 2017, 08:47:46 AM
I think we need Bitcoin to be more usable in our daily life. There are Bitcoin credit cards, but you're not actually paying with bitcoin. More people should use bitcoin so it can be widely accepted almost everywhere. Bitcoin is fast, cheap to transfer and once sent (and confirmed) it cannot be reversed.
sr. member
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March 29, 2017, 08:47:07 AM
because it has

lower fees

faster for me at least online, on some website no need to enter credentials for example cvv and stuff like that

more secure, again on some website they can not steal your wallet when you spend bitcoin, but they can steal your credit card credentials and drain all your funds

huge discount with some service(purse.io)
You have a point because bitcoin is very convinient to us especially for now because we were in modern technology. Yet, bitcoin has low fees and can be used in online store and online transaction. And bitcoin is not controlled by goverment so you don't need to afraid to loss your money.

Low fees is a major drawback in bitcoin transactions as it takes so long for confirmation of transaction but its good if you have to transfer money overseas as it involves less fees in compare to what banks and other payment methods charges from their customers.
sr. member
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March 29, 2017, 08:43:49 AM
because it has

lower fees

faster for me at least online, on some website no need to enter credentials for example cvv and stuff like that

more secure, again on some website they can not steal your wallet when you spend bitcoin, but they can steal your credit card credentials and drain all your funds

huge discount with some service(purse.io)
You have a point because bitcoin is very convinient to us especially for now because we were in modern technology. Yet, bitcoin has low fees and can be used in online store and online transaction. And bitcoin is not controlled by goverment so you don't need to afraid to loss your money.
sr. member
Activity: 476
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March 29, 2017, 07:47:14 AM
Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
low fee? if you use a low fee I'm sure your transaction will be confirmed the next day. it happened to me when using blockchain wallet

Yes same here even I have experienced that same when I sent my bitcoins from multibit wallet to localbitcoins wallet as multibit has default fees which cannot be modified so it took almost 24 hours for transaction to get confirmed and that issue should be resolved at the earliest.
hero member
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March 29, 2017, 03:32:17 AM
low fee? if you use a low fee I'm sure your transaction will be confirmed the next day. it happened to me when using blockchain wallet
Fortunately, we can send and transfer bitcoins without a transaction fee using our local wallet and we receive it with no any confirming issues.
BTC is the best way to use in online transactions that's why they are more prefer on using this than the other methods.
sr. member
Activity: 476
Merit: 250
March 29, 2017, 03:00:00 AM
Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
low fee? if you use a low fee I'm sure your transaction will be confirmed the next day. it happened to me when using blockchain wallet
sr. member
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March 29, 2017, 02:28:23 AM
People should use this to have financial freedom,to generate profit from a real capital unlike other businesses
hero member
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BTC to the MOON in 2019
March 29, 2017, 02:24:17 AM
Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
Basically the low fees can be increase as the transaction is getting bigger and we want it fast, but that is still relatively low compared to other fiat payment system. People who are constantly doing online transaction should learn about bitcoin, I'm pretty sure they will be benefited more when using bitcoin as they can save transaction fees expenses. Also, bitcoin might open a door for them to learn how to invest since there are plenty of investing opportunity in crypto world.
hero member
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March 29, 2017, 02:21:29 AM
Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
What's been mentioned is the secondary factors which was in the primary position during the days when it was gradually getting popularity. Now it's in the next level to gain strength same as mainstream currency. So now it's important and primary requirement is to have more spreading which is possible through continued usage.
sr. member
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March 29, 2017, 01:49:49 AM
Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
hero member
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March 29, 2017, 01:48:30 AM
People should use bitcoin because it is going to be the future online currency of people who are living through the web. And it is very reliable to use this instead of using payment processors that are charging high fees for our transactions. Because of bitcoin we are secured and anonymous when purchasing something online.
i agree with you that bitcoin is already is online digital currency and a lot of people are using bitcoin for online shopping and i hope we can be use bitcoin for direct shopping in local stores in the future.

It's going to happen once the whole world already had enough knowledge and known bitcoin as a real online currency. For sure those businesses, local and international are the ones to voluntarily get into bitcoin. That's why as early as now, you should use bitcoin so that when this time comes, you already know what to do.

And when the Blockchain could support more simutaneously transactions. It's worthless to have all the world population aware about Bitcoins and wanting to use it if the Blockchain isn't able to proccess so many transactions at same time. But until that time comes, I think everything will be ready to support the mass adoption.

Yes, when there's already a solution for this network traffic about transactions that are causing delay in confirmation. It's now ready to be adopted by a lot of people and we can make each of our transactions to be an instant once we send it to the receiver. There's just lack of popularity with bitcoin since many are still doubting on it.

Possibly. But there is still a problem after that. Getting them to know bitcoin is really the main issue. They dont have the enough resources to instantly have a glimpse of it.
There are still rural places into which cannot be reached by internet or just dont want to. Besides, other people dont just care and would rather just do their job instead of getting more which will make them restless. Laziness to view one more thing and just want to stick to what they do.
An advertisement would really work or maybe posting it to news all over the world. But I doubt that will happen.

In everything actually problems are existing. But no matter how come they will happen, still the core devs have something for resolving it. And those people that you had mentioned who are living in the rural places, it's their problem if they can't have to own a computer and have an access with the internet, we can't do anything for them. But since, smartphones are already small computers, it's up to them if they are curious enough to learn everything about crypto currency or finance.
hero member
Activity: 1190
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March 28, 2017, 09:25:41 PM
as for as i know no one can trace you ? right ?
yes that is the best feature of bitcoin and you know because of that feature many of gambling sites are successful because with that feature people from all over the world are able to gamble and before bitcoin many of the people were not able to deposit to gambling sites from their bank card due to their bank rules.

Yes people love bitcoins because they can gamble very easily with which was hard before the existence of bitcoins and now with bitcoins they get total privacy to gamble and no one would be aware about that they are actually in the world of gambling.
People use bitcoin not only for gambling. Yes, I spend all my canplany's payments for that mostly, but there are people to whom bitcoin is a real financial support for life. There are countries with monthly salary likr 100$ and it's really great help if your campaign pays you like 100$ monthly for commenting.
bitcoin has many functions not only for fun but also for investment purposes, employment, income and so forth. see the many functions of bitcoin many people have to use it
sr. member
Activity: 966
Merit: 274
March 28, 2017, 09:16:34 PM
I do like to be able to invest anywhere without have to expose myself, something with fiat i have to do and pay a lot taxes to open and run a company. Besides that with bitcoins im able to invest where i trust and feel safety, taking all the earning from me, something that banks get to them, and share a bit with us. And the main reason, besides gambling, is that i can do any transfer anytime with any ammount to others.
I don't think the options of Bitcoin in Investing is pretty diverse in fact it is one of the most high risk kind. Since the creation of Bitcoin a lot of fake "HYIP" companies claim that they are a registered company that is accepting Bitcoin as a form of investment which you will later on find out that it is fake when they run away together with your money. As of the moment if I were you, I would stay away from this kind of schemes/scams because there is even no assurance that you will get your money back.

you have a point ,any task here in bitcoin is at risk. We need to do extra research were to invest our money. There are some investing site that are true to their words and true to do their obligations. Nevertheless it still risky ,but if we want to earn more for me its safer,than gambling. Though trading will always be in option.
Gambling is actually safer than investing in such HYIPs. Risk in investing is proven. It would be better to lose in gambling than to be scammed since you know when you lose in gambling, you know it's your fault and can be easy to acccept. In the other hand, when have been scammed, it would be unacceptable once you know in yourself, you don't do something wrong.
legendary
Activity: 1147
Merit: 1007
March 28, 2017, 08:59:43 PM
I do like to be able to invest anywhere without have to expose myself, something with fiat i have to do and pay a lot taxes to open and run a company. Besides that with bitcoins im able to invest where i trust and feel safety, taking all the earning from me, something that banks get to them, and share a bit with us. And the main reason, besides gambling, is that i can do any transfer anytime with any ammount to others.
I don't think the options of Bitcoin in Investing is pretty diverse in fact it is one of the most high risk kind. Since the creation of Bitcoin a lot of fake "HYIP" companies claim that they are a registered company that is accepting Bitcoin as a form of investment which you will later on find out that it is fake when they run away together with your money. As of the moment if I were you, I would stay away from this kind of schemes/scams because there is even no assurance that you will get your money back.

you have a point ,any task here in bitcoin is at risk. We need to do extra research were to invest our money. There are some investing site that are true to their words and true to do their obligations. Nevertheless it still risky ,but if we want to earn more for me its safer,than gambling. Though trading will always be in option.
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