Why use Bitcoins ? - page 26. | Bitcointalksearch.org

abhishek273b

newbie

Activity: 94

Merit: 0

If developers agreed with that position, they would just stop working on scaling solution, and only fix some minor bugs. But that would make Bitcoin no different (except for amount of hashing power) from any altcoin, since they all have pretty similar structured blockchains and features that come with it. Wink

rapsa2018

member

Activity: 504

Merit: 10

people use bitcoin to earn a lot of money here so many people pay for it but other people understand their bitcoin is just a scam so they report it to the government.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Use bitcoin to store value or as an asset and investment. But if you'll send bitcoin to other people just make sure that you are paying the right miners fee so that you'll get enough confirmation for just a couple of minutes. This is what I do, I don't adjust the fees anymore.

kaizukou

newbie

Activity: 12

Merit: 0

I can use bitcoin to help my family for financial problem and its a high amount of the value of money when you converting it to a gold. It can help us for the famine and we can use it to influence them to join some important group of people like bitcoin or something online work that can help us through money.

Rosilito

sr. member

Activity: 658

Merit: 274

Wish for the rain? Then deal with the mud too.

I use bitcoin to help my parents struggling financially to raise me and my brother. I grind to earn bitcoin not to go on what society does on it, I may not be a techy or something literate to this thing, but I do this for the sake of our future and our daily lives definitely the samething goes to an average person who are using bitcoin. My point is, they use it for their own sake not for popularity because bitcoin is also a money, bitcoin functions as a money. They are also the one who contributes for bitcoin value to grow bigger and bigger.

burong1

full member

Activity: 238

Merit: 100

BIG AIRDROP: t.me/otppaychat

Quote from: coinenthu on July 19, 2017, 05:35:32 PM

Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value

im going to give my own answer why i use bitcoin, as far as i know bitcoin can change my entire life or even my daily lives, through bitcoin you can earn a lot of money and can give good live to those who are using bitcoin ,believe it or not bitcoin change my life and the life of my family

mininglegend1234

member

Activity: 154

Merit: 20

Quote from: Dread Pirate Roberts on December 22, 2017, 11:27:22 AM

i use for trade only . maybe use transaction only for domain and hosting

I think, bitcoins is new model business we can make target international costumers with accept bitcoins and bitcoins is cheap payment method be compared with fiat payment method, the other reasons bitcoins is deflation, how many long time the online business stores bitcoins in their local wallet, the values of money in bitcoins always be increasing time by time, bitcoins can protect their whealty from inflation.

cutiepieangel

newbie

Activity: 11

Merit: 0

Quote from: webcrypt on July 19, 2017, 12:24:51 PM

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.

Very convinient when transact a high amount of money. You can send instantly but the saddest part right now the fee is constantly increasing and we dont know when it will be lower.

Marineechan

newbie

Activity: 2

Merit: 0

I would like to go in a future event that involve Cryptocurrency in it, but if its only exclusive in my country and had free token, rewards or raffle, for the people that went there

DaWidyaa

full member

Activity: 490

Merit: 100

I think people use Bitcoin to help them save money, not only save money but can also invest long-term, because from most people they use bitcoin as the main job

spinno

member

Activity: 126

Merit: 10

bitcoin is like an universal currency not dependent on any single country! Bitcoin isn’t controlled by a central authority, bitcoin’s supply is capped at 21 million! Bitcoin is fast, secure and global, more private than existing payment systems! And most of all: Bitcoin provides financial freedom.
Bitcoin can store the huge value as compared to the vastly fluctuating rate of the actual money generated. In addition, bitcoin is used conveniently for online transactions, making this handy for certain purposes.

hernandezrnh

newbie

Activity: 13

Merit: 0

Quote from: VC George on July 19, 2017, 05:54:10 PM

Bitcoin is not only a vessel to store value but it's also really useful in the remittance industry. I can send 100,000$ paying a mere 4$ in fees with Bitcoin while it would cost me 3000$ with PayPal and I'd take some risk to do the paypal transaction while doing the same thing from a traditional bank would cost some money,time & would probably raise questions.

We can also transact using bitcoin anonymously, so our identity is secure. instead of going to bank to process payment or to send money. We can do that using bitcoin online.

Jake_Shannen

jr. member

Activity: 70

Merit: 1

I get your point, Bitcoin can never be exclusive for online purchases. Actually i think it is made to make a better community who is aware of how trade works in the process of learning to grasp the currency. Bitcoin is a currency which means that it has a value.

sjdaqwx878

newbie

Activity: 154

Merit: 0

Everyone today uses beatcoin differently, someone is investing their money in bitcoin for several years, and somebody simply sees in bitcoin earnings today simply by buying cheaper prdavaya more and earning it.

terzy

newbie

Activity: 196

Merit: 0

Because we live in a digital world and bitcoin is like an universal currency not dependent on any single country! Bitcoin isn’t controlled by a central authority, bitcoin’s supply is capped at 21 million! Bitcoin is fast, secure and global, more private than existing payment systems! And most of all: Bitcoin provides financial freedom!

pluMmet

sr. member

Activity: 588

Merit: 251

I use bitcoin because it wants to supplement their income outside of work staple me, and because of his more advanced technology then using bitcoin then will facilitate as saay must pay something we can use bitcoin that more practical and quickly because we can do it at home with just sitting in front of computer or with the smartphone course

Restmand

sr. member

Activity: 979

Merit: 258

Quote from: webcrypt on July 19, 2017, 12:24:51 PM

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.

the answer is really obvious. bitcoin is made in what cause cause ? it is made because in the online right ? yeah. bitcoin is made to online purposes it is USE to the online shopping,transaction and negotiation that less traffic becaue if one negotiation and trasaction was slow the money making in the economics will slow too so it is use to make transaction faster in online world

Caraphernalia

newbie

Activity: 56

Merit: 0

Bitcoin is made for our generation and it offers credit card users freedom from the concerns of fraud, identity theft, and crippling interest rates. Bitcoin is fast, secure and global which is good in business transaction. And the best about bitcoin is that it provides financial support and freedom.

Dapper

sr. member

Activity: 560

Merit: 260

Global reach. Yes you can do business with just about anyone through wire transfers, but it's much more fluid when you can do so by giving people "just a bitcoin address and the amount they must send you." No need for account numbers, names, intermediary banks, SWIFT codes, etc. It's just 1-2 less steps but when you do a few dozen transactions a day, that is a significant savings. Even more so for people who do even higher volumes of transactions.

chamoisgeks

newbie

Activity: 11

Merit: 0

Bitcoin are a lot better comparing it to other currencies, especially online. Moreover, you can access Bitcoins even in remote areas as long as there is internet.

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