Why should people use Bitcoin? - page 153.

noictib

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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?

In my opinion it is only the ease of the use of bitcoin to make deals with your own money without came across any types of the Midway agents and secondly here in bitcoin we get the privacy to make transfer our bitcoin and use it in any ways Anonymously .
So it is just like a source of money or a treasure of the internet money that can't be destroyed by anyone in anyway because its algorithm at which is operating is highly secure than any other altcoins or coin .
So here use of bitcoin prefer by us more then any Fiat or other .

sayaya17

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I use bitcoin for a lot of reasons, in addition, to making online transaction easier and flexible can also for exchange these values which mean control a bigger especially can be used for investment in a not too long

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Quote from: richardsNY on March 25, 2017, 06:25:14 PM

Quote from: FlightyPouch on March 25, 2017, 05:50:05 PM

But the problem is the fees are getting higher higher and many people dont want that, also the transactions are getting slower and slower.

I see a lot people are mixing things up, transactions aren't getting slower -- transactions speeds are almost instant. You are referring to the confirmation times as transactions take longer to confim due to people including poor fees. I can agree that fees are too high, but we can't do much about it other than to make the most out of every situation. You either include proper fees and see your transactions confirm (generally) within 2 blocks, or you stay stringy and keep waiting many hours for a single confirmation to come through.

Actually what you are saying is totally false i remember , 2 weeks ago i made a few transactions like 0.8 and 0.5 with a fee of 25k satoshi but it took 2 hours to get a single confirmation on the 0.8 'th one and after that i was in the middle of sending 0.5 btc with same fee as well.
But when 40 mins got over and i didn't got a single confirmation then i made another transaction of a small amount like 0.0003 but this time i included fee 0.001.
Surprisingly tx for confirmed within 20 min plus that 0.5 'th aswell.

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This current era of technology has developed rapidly. bitcoin is one part of the current technology. bitcoin is one form of replacement for real money at this time. lot owned by bitcoin, such as speed and ease in every transaction. especially in the future most people have mobiles properties that should be fast paced to perform various actions.

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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 easier to transfer from one to another, it does not have a transaction fee and it is a good investment too, even without doing anything but saving, you're getting some income when the bitcoin price is getting higher than the day you brought it. Even it have some limitations in buying things still it has a good potential, and in some certain countries they can even convert bitcoin into fiat.

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Quote from: AUDREY23 on March 26, 2017, 05:06:02 AM

I think bitcoin can provide answers to all the needs that they expect from the financial system, which is easy, safe use is not complicated, the transparency of this is what makes people want to always use bitcoin.

Transparency in the transaction is a must and now it is much satisfied with the bitcoin and other digital currency. Also it is very user friendly and doesn't have big complications. To make bitcoin more popular and a better source for all needs every people need to use it.

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Quote from: meliodas on March 26, 2017, 02:05:16 AM

We can't force some people to use bitcoin because we have different mindset.. But if they just know how convenient it is to use than fiat and its continues increase in value they will surely like the benefits of it.

That is why the onus lies on us the community to spread the news to the untold so that they will come on board and support us to grow. We have to explain to them to know how convenient it is to use Bitcoin right from the comfort of your home or your phone at relatively low fees globally.

AUDREY23

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I think bitcoin can provide answers to all the needs that they expect from the financial system, which is easy, safe use is not complicated, the transparency of this is what makes people want to always use bitcoin.

meliodas

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We can't force some people to use bitcoin because we have different mindset.. But if they just know how convenient it is to use than fiat and its continues increase in value they will surely like the benefits of it.

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Quote from: n0ne on March 24, 2017, 02:07:56 AM

Quote from: TastyChillySauce00 on March 23, 2017, 11:45:31 PM

Quote from: epitome on March 22, 2017, 03:53:31 PM

Quote from: Roboabhishek on March 19, 2017, 03:08:15 PM

The main that why i think people should use bitcoins is because you can buy whatever you want and no one can trace you or your transaction.
If people start using bitcoins then it will inspire shopkeepers to accept bitcoins online and in local.

Another misconception here that no one is able to trace your transaction when it comes to bitcoin when ever transaction has a public ledger

If a shop keeper plans to accept bitcoin he has to have the ability to convert it to the local currency as soon as possible and with the current situation it is not possible .

Actually, bitcoin is more transparent than ordinary fiat when it comes to tracing or such. As you can see that the transactions always saved and can be traced by simply using blockchain explorer, but, people keep repeating that bitcoin is untraceable. Such a bad misconception that's get people wrong about bitcoin.

Bitcoin is highly transparent than the fiat or other transaction source that we use. Only the end to end user identity is not known by the user viewing the transaction. So misconception need to be resolved making users understand the reality.

yeah what they understand about untraceable is that people can not trace the bitcoin sender / receiver ,
but actually what makes important is when the whole transaction recorded publicly in blockchain network ,
when in the bank you can not do that right?
that is what people called bitcoin as a freedom and you should use it when you want a real financial freedom.

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Quote from: FlightyPouch on March 25, 2017, 05:50:05 PM

But the problem is the fees are getting higher higher and many people dont want that, also the transactions are getting slower and slower.

I see a lot people are mixing things up, transactions aren't getting slower -- transactions speeds are almost instant. You are referring to the confirmation times as transactions take longer to confim due to people including poor fees. I can agree that fees are too high, but we can't do much about it other than to make the most out of every situation. You either include proper fees and see your transactions confirm (generally) within 2 blocks, or you stay stringy and keep waiting many hours for a single confirmation to come through.

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Quote from: delliaerd on March 25, 2017, 06:12:55 PM

Quote from: crairezx20 on March 25, 2017, 05:44:00 PM

Quote from: blackhawkeye1912 on March 25, 2017, 04:31:49 PM

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 now in the internet is making noise at the social media like facebook all around the world bitcoin was becoming trending. And even in even in the other country bitcoin was being used also in any remittance outlet as money transfer. And it is the number one now used as like Paypal in terms of online payment only rather than that nothing else.

I think most of the use of bitcoin now a days gambling is the reason and trading is the main reason of the use of bitcoin..
But since bitcoin is growing as i can seen internet marketer they are added bitcoin is mode of payment right now and many website are accepting bitcoin.. and i think if the fee of bitcoin of it will stay low more people will use it as mode of payment because the fee in paypal also too high.

As all we know that fees of bitcoin transactions is very cheap rather than bitcoin. And i think it will not change until big revolution on bitcoin, as far as now that will not happen. So fees of bitcoin transactions will keep be point plus rather than PayPal also it is one of reason why people use bitcoin as well.

But the reality is that the users of Paypal are higher then bitcoins and Paypal is more popular in compare to bitcoins as almost all sites have an option of Paypal and bitcoin is not accepted everywhere neither online or offline so the usage and the user base of bitcoins are very limited and it will take long time for it to reach to the people and even after that there is no assurance that people will start using it.

delliaerd

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Quote from: crairezx20 on March 25, 2017, 05:44:00 PM

Quote from: blackhawkeye1912 on March 25, 2017, 04:31:49 PM

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 now in the internet is making noise at the social media like facebook all around the world bitcoin was becoming trending. And even in even in the other country bitcoin was being used also in any remittance outlet as money transfer. And it is the number one now used as like Paypal in terms of online payment only rather than that nothing else.

I think most of the use of bitcoin now a days gambling is the reason and trading is the main reason of the use of bitcoin..
But since bitcoin is growing as i can seen internet marketer they are added bitcoin is mode of payment right now and many website are accepting bitcoin.. and i think if the fee of bitcoin of it will stay low more people will use it as mode of payment because the fee in paypal also too high.

As all we know that fees of bitcoin transactions is very cheap rather than bitcoin. And i think it will not change until big revolution on bitcoin, as far as now that will not happen. So fees of bitcoin transactions will keep be point plus rather than PayPal also it is one of reason why people use bitcoin as well.

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Quote from: Haladay on March 25, 2017, 05:27:42 PM

If you're making internet marketing, the answer is to pay someone and get paid globally in minutes or hours. Wink

yeah, that is a good reason why people should use bitcoin, another one is some transactions are needed to be private so they are using bitcoin. But the problem is the fees are getting higher higher and many people dont want that, also the transactions are getting slower and slower.

crairezx20

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Quote from: blackhawkeye1912 on March 25, 2017, 04:31:49 PM

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 now in the internet is making noise at the social media like facebook all around the world bitcoin was becoming trending. And even in even in the other country bitcoin was being used also in any remittance outlet as money transfer. And it is the number one now used as like Paypal in terms of online payment only rather than that nothing else.

I think most of the use of bitcoin now a days gambling is the reason and trading is the main reason of the use of bitcoin..
But since bitcoin is growing as i can seen internet marketer they are added bitcoin is mode of payment right now and many website are accepting bitcoin.. and i think if the fee of bitcoin of it will stay low more people will use it as mode of payment because the fee in paypal also too high.

cryp24x

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As of now, aside from trading and getting profit, I cannot see why people should use Bitcoin. There are lots of drama, and the problem with scaling. The faction debate on which solution is best and throwing blames to each other. As long as this problem is not solved, I cannot find any reason why should I use or people use Bitcoin.

Haladay

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If you're making internet marketing, the answer is to pay someone and get paid globally in minutes or hours. Wink

FasTroy

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Quote from: ANHEQIAO on March 25, 2017, 06:37:25 AM

To be a part of the growing digital currency network, people need to use bitcoin. Bitcoin usage will increase, once more people become a part of the grown network.

I agree with you. I think this is the main reason. When people join bitcoin community and start using bitcoin. The digital currency network start growing day by day.
Nowadays, the number of peoples who use bitcoin start increasing slowly. So, in result we can see in the near future the price of bitcoin will increase more.

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?

Bitcoin now in the internet is making noise at the social media like facebook all around the world bitcoin was becoming trending. And even in even in the other country bitcoin was being used also in any remittance outlet as money transfer. And it is the number one now used as like Paypal in terms of online payment only rather than that nothing else.

BigBos

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Quote from: kidoseagle0312 on March 25, 2017, 06:08:13 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 need to use bitcoin because it is easy to use, very convenient, safe and secured, and the masses will understand it so easily. You can have a savings because of the volatility, and can become the new currency in the near future.

advantages in using bitcoin be an important reason why we should use bitcoin. Well, bitcoin could be an investment if you do not use it, but you can use it as a means of transaction if you need it. bitcoin has many useful functions on the internet.

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