Why should people use Bitcoin? - page 61.

Jose21

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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?

I think for those unemployed member of this bitcointalk forum use bitcoin to earn money because it is the easiest way they know instead of working everyday in a company and earn money monthly. For those employed member, I think they use bitcoin as a support for their job. While receiving money from their respective job, they also receive money as their salary here in bitcoin as the support.

lazycat

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Quote from: Slark on December 08, 2015, 12:52:20 PM

Some good reasons why you use bitcoin.

1. It is fast. Transactions are instantaneous and confirmation times are usually done withing 10 minutes.
2. It is cheap to transfer any amount of money anywhere. Fees are insignificant at this point.
3. Your bitcoin are your alone, they can't be blocked by bank, IRS or any institutions.
4. There are no charge backs.

I am pretty new to this, so i'm sorry if i ask irrelevant questions... I understand that this is an easier and cheaper way to transfer money, but it is also very volatile currency. If you send someone 1000 USD they can appreciate/depreciate in value by the time they arrive at their destination? Or is it a fixed rate transaction?

lichao1395427

sr. member

Activity: 350

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Besides profitable, of course bitcoin makes it easy to do various financial transactions or business transactions, but for now almost all users use bitcoin to do various business like trade and investment even some of them use to gamble but i recommend. Not to gamble and try to use bitcoin wisely like trading and investment of course this will be more useful and profitable for you.

ACVinegar

member

Activity: 196

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I think people should be use bitcoin because this is one of the easiest way to earn money all people needs money. Bitcoin is such as a very helpful and productive investment as well.
You can make transactions here like paying payment or even sending money. It makes our life much easier and no hassle. You won't regret in the future.

Shahriar23

full member

Activity: 322

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People use Bitcoin because Bitcoin is easy to carry, which can be stored on the internet wallet, no physical wallet is needed . Trading through Bitcoin is easy and can be done very quickly.Bitcoin transaction fee is very low.Bitcoin can send anytime anywhere in the world through internet

Arifull Islam

newbie

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I am new here.I don't know why should pepole use bitcoin.but if sinior parson give us some suggesion about bitcoin that will awsome for us.thank you.

ujjwalsethi

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Bitcoin is cryptocurrency and it can be used in exchange and for other major projects too. The Best part of bitcoin is that it can be used and there will be no tax raised against bitcoins purchase or sell. Bitcoins are gives a huge increase in the market value day by day.

DrYe5

sr. member

Activity: 490

Merit: 250

Quote from: MSdosOutput on November 15, 2017, 12:06:41 PM

Bitcoin is the alternative to money and it is very much effective, so people use bitcoin for their safety.

People should use Bitcoins because this is the future of today. Soon it will be the main currency and we will have to learn how to use it effectively. In my opinion this is a very important skill.

kimmali

member

Activity: 113

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Although many companies didn't accept bitcoin as a payment method, I think bitcoin has a lot of advantage than other payment method. We can receive and send money worldwide faster than others. It's a big advantage of bitcoin but still,others don't see it the way we see bitcoin. Also,bitcoin is flexible and it is effective,for millennials like me, it is more convenient if we use bitcoin as a medium because it is easy and very accessible.

oaz7t

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The most useful reason I feel:
One can send the money around the globe without paying much more tax to the different countries/banks.
Its faster to transfer money around the world.
No one can steal/theft it from you as it does not require any cards/pin to get hacked.

Harlot

hero member

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Quote from: FRJ on November 15, 2017, 12:02:53 PM

Bitcoin is more profitable than any other currencies in world.

Well a currency's main purpose is not for you to earn more money but for it to become the medium of exchange of a country. Which any Fiat Currency is successfully doing right now.

Quote from: FRJ on November 15, 2017, 12:02:53 PM

The payment system of it faster than the others.people can invest,buy or trade bitcoin and can shop through it as well.So,people should use bitcoin.

Also comparing the transaction speed of sending Bitcoin compared to handing out Fiat currency to a cashier you will know that paying with Fiat currency is more practical and fast also you won't be spending additional expense as you won't have a transaction fee that come with it. There is really no waiting time for people paying directly in Fiat Currency.

MSdosOutput

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Bitcoin is the alternative to money and it is very much effective, so people use bitcoin for their safety.

flatnose101

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Quote from: FRJ on November 15, 2017, 12:02:53 PM

Bitcoin is more profitable than any other currencies in world.The payment system of it faster than the others.people can invest,buy or trade bitcoin and can shop through it as well.So,people should use bitcoin.

you must say that because when you are trying to invest in bitcoin the money that you are invest for will be doubled unlike on the bank or in any other company that unlike here in a new currency it has a assurance that you can have a profit.

FRJ

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The Worlds Most Advanced Distributed Computer

Bitcoin is more profitable than any other currencies in world.The payment system of it faster than the others.people can invest,buy or trade bitcoin and can shop through it as well.So,people should use bitcoin.

skylark001

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We should use Bitcoin because it’s for our generation, the tech savvy easy going fast pace crypto currency for the ones who want to live lively, with ever changing world.

Bitcoin is private, easy to use and trade, a fast paced one, no central government can take it from us, no body can’t steal any of your personal information from Bitcoin merchant. The currency you have is yours, no other owner or regulator for your money. Even with mining you can create it for you.

futuret

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Quote from: Triwnis on November 14, 2017, 05:45:04 AM

Bitcoin is a really nice coin and that is why people should invest in it because bitcoin can make you a lot of money by just holding it because the coin is not being looked at by the government witch means you can buy and do anything with it you want to do with it.

You are right the bitcoin is now having a lot of the space and the value of the bitcoin is increasing more day by day. People should use the bitcoin because it has a lot of the features for the people who are investing in the bitcoin and the best source of the money is the bitcoin and the reason for this is the bitcoins value and the price now it is true thousands of the people are the bitcoin users.

ekkoadmiral

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Activity: 197

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because bitcoin maybe help them manything.
With Bitcoin Trading, everything will be faster, low cost; The government can not touch their money; they can make their own money; Extremely private;...

amaydel

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DOMINIUM - Decentralised property platform

Aside from being decentralize as being part of the advantage side bitcoin have, there are of course disadvantages of using bitcoin but for the sake of why people should use Bitcoin, here's the very reason why people should.

alexsandria

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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?

People use bitcoin because of its flexibility and functionality. Its way of transaction is easy and accessable. You can use for shopping, earning profit or should i say for bussiness transaction too. Basically, not more than for taking advantage you will get, it has also disadvantage BUT does not mean you will stop to used it, it is only part of bitcoin world which have ups and downs because of its volatile character which means the price of it may increase or decrease depends on the supply and demmand.

Emitdama

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Quote from: kemonojim on November 07, 2017, 07:21:32 AM

Quote from: CryptoCoin8487 on November 06, 2017, 09:27:47 AM

Quote from: emberbekas on November 06, 2017, 09:11:09 AM

Bitcoin can be used to send and receive money worldwide with a little effort. It is the good reason why people need to familiar with bitcoin. Beside that, there are still a bunch of advantages we can get from bitcoin. It can be used as an investment, as a mean of payment, etc.

Yes bitcoin is a lot of advantage in transaction and other services but in for the present time cash money is more advantage in all around the world specialy in some remote area that enternet cannot be reach because we cannot use bitcoin without internet

It's basically a bitcoin does give big advantage to us all. Because in bitcoin we can know and see how our lives become more, please also note that the real advantage comes from our desire to move on. If indeed you do not have the level or desire to become more advanced then the profit earned is just a little and surely you will get tired of feeling it.
if indeed you understand and understand about bitcoin, the advantage you can get with easy way. Because all the benefits we can generate in bitcoin, but bitcoin can also give us a loss if we do not have a good reciprocity.

Yes bitcoin is used for multiple purposes, it gives multiple rewards to the investors, people are allowed to earn more in very short time and be rich, it is quick and easy to be transferred, it is the most promising currency and gives a high output helping people to overcome their poverty and unemployment and be able to raise the standard of their living

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