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Topic: Why use Bitcoins ? - page 34. (Read 13330 times)

member
Activity: 333
Merit: 15
November 29, 2017, 09:15:13 PM
This the 10 reason Why use Bitcoins.
1.It’s fast
2.It’s cheap
3.Central governments can’t take it away
4.There are no chargebacks
5.People can’t steal your payment information from merchants
6.It isn’t inflationary
7.It’s as private as you want it to be
8.You don’t need to trust anyone else
9.You own it
10.You can create your own money
hero member
Activity: 1372
Merit: 564
November 29, 2017, 08:18:59 PM
Why use bitcoin, bitcoin is being used a lot, and I believe bitcoin will be recognized as the international currency used to trade for goods in the future. Sad Sad Sad Sad
Right now bitcoin can use in transaction and buying online as a payment. And if bitcoin recognize in many country maybe it will be  the first international digital currency.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
November 29, 2017, 08:12:42 PM
Dollars invested below now has got turned to millions. Along with the growth it too has provided users with the opportunity to be a part of the technology growth. The technology that made it successful is getting adopted in several ways based on the effective form of functioning it has attained over the years.
newbie
Activity: 1
Merit: 0
November 29, 2017, 08:12:35 PM
Because Bitcoin is love : 1LoVE1A5g3FWPgCvYDvTP96XKMamjoq94F
member
Activity: 126
Merit: 10
November 29, 2017, 08:06:48 PM
People use bitcoins because we are now in a digitized world where a lot of things are now done online.  People use bitcoins too because they like the conveniemce they get with certain transactions like money transfers abroad plus the fact that it is definitely cheaper to do so in this process.  I think people use bitcoins too because it is less, if not, governed by any financial institution.  For me I use bitcoin because of its potential; because I see it as an investment which can ultimately bring good fortune in the future.  Risks are there like any other investments but with how I see bitcoin, I think this one is the current trend and is here to stay.
full member
Activity: 606
Merit: 108
November 29, 2017, 06:10:09 PM
I use bitcoin because it is very easy and fast in transacting online, through the internet we can transact and bitcoin can also be used to invest in the long term because it is very profitable for its users for the future. bitcoin is also very safe if I think personally
newbie
Activity: 189
Merit: 0
November 29, 2017, 06:06:15 PM
Why use bitcoin, bitcoin is being used a lot, and I believe bitcoin will be recognized as the international currency used to trade for goods in the future. Sad Sad Sad Sad
member
Activity: 322
Merit: 10
November 29, 2017, 05:57:38 PM
I use bitcoin to make money, because bitcoin shows me the future of bitcoin in the front
Bitcoin will be the virtual currency that is traded as future currency Cool Cool Cool
legendary
Activity: 1596
Merit: 1034
November 29, 2017, 05:56:14 PM
There are some people who give the reason that they use bitcoin as one of their choices to invest because when compared with the price of gold now bitcoin price is more promising. Besides, they reasoned that investing using bitcoin meant they at least reduced the exploitation of natural resources because we know that gold comes from nature and they are happy because they have reduced the damage to nature. I think this is the most amazing reason, I'm glad to hear this excuse from some of the bitcoin users I've visited a few days ago.
full member
Activity: 396
Merit: 104
November 29, 2017, 08:33:40 AM
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.   

We should use bitcoin because it is practically the oldest coin that there is, thereby giving us the feeling of being more secure because we know that it will last for a long time. Also, it is good because it is the widely used among others. People prefer it the most in terms of investment because of it's volatility and the chances to earn due to it.
full member
Activity: 616
Merit: 100
November 29, 2017, 08:07:21 AM
I, for example, use bitcoin to achieve my dream when I sell it all, I will leave to travel around the world Smiley

This is just your decision how you use the results of your Bitcoin, everyone is entitled to have what they want to do with their Bitcoin. Wink
member
Activity: 194
Merit: 10
November 29, 2017, 07:50:10 AM
Bitcoin support most of the company so we are use bitcoin.
jr. member
Activity: 59
Merit: 10
November 29, 2017, 07:47:12 AM
for me the bitcoin is just a speculative product, I do not see myself using it as a currency
member
Activity: 532
Merit: 15
November 29, 2017, 07:31:23 AM
I mostly am an investor and a tech person and I see Bitcoin the best thing to invest in nowadays. Also, the characteristics of Bitcoin attracts me.
sr. member
Activity: 504
Merit: 250
November 29, 2017, 07:20:16 AM
I, for example, use bitcoin to achieve my dream when I sell it all, I will leave to travel around the world Smiley
member
Activity: 98
Merit: 10
November 29, 2017, 05:01:18 AM
Why use Bitcoin? Because Bitcoin are easy to use, easy to manage, have tight security and also you can get profit from Bitcoins Because its price getting high. It is a best way to get good ROI.
full member
Activity: 266
Merit: 102
November 29, 2017, 04:30:08 AM
Many people have their own reason why they use bitcoin. Some people used bitcoin for their own purpose. Maybe you are wondering why bitcoin was created in our country. I am one of those people who are wondering why there is bitcoin in different country, not just all the country but I know there are lots of country who have bitcoin. Since I am one of the member of bitcoin, I realize that bitcoin have different purpose and goals in our country why bitcoin was created. The reason why I use bitcoin is that for my own good and for my family. I considered bitcoin as job/fulltime job. It is a big oppurtunity for every individual, a little child and old people who can read and understand are free to join bitcoin. I use bitcoin for helping my family for their financial problem. I used it for buying grocery such as food and other things we need in our home. I support myself for my studying or Education. I can pay my  own tuition fee, for my transportation, for projects and for my things I need in my school. Though I am studying right now, I can help my family in different things. Sometimes when my family don't have enough money, I am the one that pay the current bills in our home.
hero member
Activity: 924
Merit: 502
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November 29, 2017, 03:21:34 AM
The Best reasons use of Bitcoins:
It's fast, secure and Globel
There are no charge backs
You don't need to trust anyone else
You can create your own Money

First two points you gave are probably the best reasons to be using btc. It gives people freedom and securoty that is on a better level.than banks give. Of course that's aside from it's ever imcreasing value that probably.made a lot of people rich in a span of a few months.
newbie
Activity: 56
Merit: 0
November 28, 2017, 12:59:38 AM
The Best reasons use of Bitcoins:
It's fast, secure and Globel
There are no charge backs
You don't need to trust anyone else
You can create your own Money
full member
Activity: 504
Merit: 100
November 28, 2017, 12:53:37 AM
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.   

If we use bitcoins as a consumer grade money, everybody will not be as satisfied with using bitcoins as money because of how much it costs. It would be a huge waste in my opinion, to use it on a daily basis because of its continuous price increase. I'd rather use it for investments instead.
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