Why should people use Bitcoin? - page 154.

BigBos

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Quote from: kidoseagle0312 on March 25, 2017, 07:08:13 AM

Quote from: Blawpaw on December 08, 2015, 01:47:30 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.

ANHEQIAO

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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.

kidoseagle0312

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Quote from: Blawpaw on December 08, 2015, 01:47:30 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.

n0ne

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Quote from: TastyChillySauce00 on March 24, 2017, 12:45:31 AM

Quote from: epitome on March 22, 2017, 04:53:31 PM

Quote from: Roboabhishek on March 19, 2017, 04:08:15 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.

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Quote from: btcdiggingmaster on March 24, 2017, 12:51:57 AM

It depends on members, whether they will use bitcoin or not. For me, I am going to use bitcoin because it has given me the strong foundation for my future financial improvements. Bitcoin is the completely independent currency where we cannot forcibly suggest people buy it. They need to understand the benefits they are going to get by using bitcoin.

Yes true, for me bitcoin is an investment the most profitable future, when compared to other types of investments, so this time I'll choose bitcoin. the fundamental thing that makes me love is simple, fast and secure compared with real money.

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Quote from: RedX on March 22, 2017, 07:17:45 PM

People should use bitcoin because of its hassle-free transaction. Right now if you are going to pay someone you need to fill up many papers and sign it but with bitcoin just a few clicks and its paid.

If you want to pay someone online particularly unknown person, then the best option is Paypal because they will provide a buyers security but in the case of bitcoins you need to go through with some escrow, and it makes deal delay and also adds some additional fee. So as per me, bitcoins are more popular because they can be used in online gambling and as an investment to grow your money over the time and not for easy transactions.

btcdiggingmaster

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It depends on members, whether they will use bitcoin or not. For me, I am going to use bitcoin because it has given me the strong foundation for my future financial improvements. Bitcoin is the completely independent currency where we cannot forcibly suggest people buy it. They need to understand the benefits they are going to get by using bitcoin.

TastyChillySauce00

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Quote from: epitome on March 22, 2017, 04:53:31 PM

Quote from: Roboabhishek on March 19, 2017, 04:08:15 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.

arransiv

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Everyone has the right to use whatever he/she wants,if you ask why it's good for them to use it-I'll say because at least they will have one more option to choose from when it comes to making transactions-I think that the best thing that can be offered to people is choice.If they like BTC,they will continue using it.

lOvE mE forEvEr

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I use bitcoin to benefit and expectations of future investment, I'm sure with the increasing user bitcoin will make the price of the bitcoin continues to rise and more expensive than now.

Janation

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People should use because they like it, simple enough. They love bitcoin because of its traits that anyone dream of using. From decentralization to its anonymous transactions is a really good trait. Theres just the volatility that makes many people and investors think about it having second thoughts putting their money in it. But I love it, though the price now is going down.

Aleister Crowley

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Quote from: FasTroy on March 22, 2017, 01:35:57 PM

Quote from: xvids on March 22, 2017, 08:48:31 AM

Well for my own opinion people should use bitcoin because they can earn in it,
We all know that the price is getting high and bitcoin is so easy to use and easy to send all over the world,

Yes, This is some of bitcoin's power. Bitcoin is more valuable. I like it so much.
Bitcoin have a lot of advantages:
-We can control our bitcoin easy ( Sending&recieving)
-Transactions are anonymously
-We can send and recieve bitcoin with a low fees.
And more ..

Why should people use the bitcoin..?. I think because we can get everything from bitcoin. not only money, but the experience, knowledge, friends ... Bitcoin is very profitable, can I get money from bitcoin, Bitcoin is very useful because I'm sure the next couple of years will be increasingly accepted and bitcoin is getting bigger. This greatly facilitates in many ways, transactions, trade, investment and easy to use, we can send and accept bitcoin wherever and whenever. This is the simple reason why people should use the bitcoin ... all you can do with bitcoin.. I think that's reason enough to answer that question. and I believe, the strength of the bitcoin is getting bigger and more powerful in an era of technology as it is now ...

RedX

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People should use bitcoin because of its hassle-free transaction. Right now if you are going to pay someone you need to fill up many papers and sign it but with bitcoin just a few clicks and its paid.

epitome

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Quote from: Roboabhishek on March 19, 2017, 04:08:15 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 .

FasTroy

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Quote from: xvids on March 22, 2017, 08:48:31 AM

Well for my own opinion people should use bitcoin because they can earn in it,
We all know that the price is getting high and bitcoin is so easy to use and easy to send all over the world,

Yes, This is some of bitcoin's power. Bitcoin is more valuable. I like it so much.
Bitcoin have a lot of advantages:
-We can control our bitcoin easy ( Sending&recieving)
-Transactions are anonymously
-We can send and recieve bitcoin with a low fees.
And more ..

MathWins

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Its just damn interesting, and fun. When I started with bitcoin it opened up about 400 doors that were previously invisible to me. Sure some of the doors had illegal drugs behind them, but some of them had a mind expanding amount of information, and other doors showed me possibilities for the future that never would have entered my brain had I not said hello to bitcoin.

Hydrogen

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One reason people should use bitcoin, it changes the way people think about money & could give them a different perspective on what is possible regarding economic & financial systems.

Arguably, people have grown too reliant on governments and corporations as providers necessary for survival.

The public taking power and influence back, in any way whether it be by using bitcoin or other methods could be what society needs to progress & effect positive change.

xvids

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Well for my own opinion people should use bitcoin because they can earn in it,
We all know that the price is getting high and bitcoin is so easy to use and easy to send all over the world,

jovs

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Quote from: Aggressor66 on December 08, 2015, 01:54:27 PM

Because Bitcoin success story has only just begun Wink

Bitcoin is to banking what the Internet was to telephony. The most exciting thing about it is not anything that we have seen yet, but what it can become in the future.In the 1990s, we saw the same story play out with telephony and the Internet. The telephone network saw relatively few innovations because it was a closed network with the telephone company setting the rules of communication. Then, the Internet came online as an open, peer-to-peer network, enabling thousands of new apps and innovations we would have never dreamed of even a decade ago – the rest is history!

The facts you stated is truly relative on what is happening on bitcoin nowadays. We could see the brighter future of bitcoin not just on its value but of course on the upgrade on the way of transaction and the wallet system of bitcoin. And if people will continue to support the bitcoin its value will increase more and more, resulting for businesses to be open on accepting bitcoin for their company. So i guess the reason for people to choose bitcoin is becoming a part of it because what really matter is the fact the we are one of the machinery for bitcoin to progress and grow.

BitcoinPC

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Quote from: ManOnTheMoon on March 19, 2017, 10:02:49 PM

Quote from: Barbarian on March 19, 2017, 06:14:08 PM

The best thing about bitcoin is its ability to grow in value this is something no fiat has and when you add the fact you can also invest your bitcoin then you can have massive gains.

That's true bitcoin has an potential to grow in terms of an value and also in the form of investment which is hard to find in fiat and other investment products so if people can identify this features of bitcoins then I am very much sure that they will start putting certain amount of their wealth in bitcoins.

Actually we all are using the bitcoin, because bitcoin has strong potential to grow, and it is the main reason people attract with bitcoin and also it is useful to use it any other place. And i also agree on it, bitcoin is more give us opportunity to make money from it comparative to fiat.

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