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Topic: Why use Bitcoins ? - page 40. (Read 13374 times)

member
Activity: 76
Merit: 10
October 07, 2017, 06:08:56 PM
Bitcoin is a relatively new form of currency that is the beginning to hit the mainstream.There are some reason why people use bitcoin.it is fast in term of transactions,it takes only a minute not just like in a bank.And also it can be use by anyone.no age limit as long as you have knowledge in Bitcoin .
sr. member
Activity: 798
Merit: 268
October 05, 2017, 07:02:32 PM
Here are 10 good reasons 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

Well bitcoin is really not that cheap in fact it is more valuable than any other fiat. For me use bitcoin because of it's technology that allows us to enjoy those benefits that you mention and use bitcoin because you want to secure your future. There's a big opportunity here on bitcoin you just need to find it how to maximize those opportunity.
sr. member
Activity: 308
Merit: 250
MatrixCoin - Creating Bright Future Together
October 05, 2017, 04:41:30 PM
Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value

It depends on the person who is using bitcoin. There are people who are using bitcoin on their everyday needs since this is the only way they are earning money, and they really need it, that is why we can't blame them on using it on their everyday living, though in a way they are throwing away the profits that they could make in the long run if they are going to hold it and will just convert some if they need it.

Actually, majority of the person here they used bitcoin to their daily lives to all expenses they need to buy. Especially, bitcoin most used for sending money thru remittances.
This is an strengths of the Bitcoin's function can supplies. Most of the people use Bitcoin before its value increases because they want to transfer their money through Bitcoin. It can gives us a services transfer money with cheapest fees and the speed also fastest, no payment method can compare to Bitcoin.
Everyone will have their own point of view to this question. For many of us, bitcoin is the future. Because people are earning money through bitcoin and this is what makes their dreams come true and they earn with hard work. Else, students need to fulfill their daily expense too. So this is quiet helpful. If it is about payment method then bitcoin is better in every single step.
sr. member
Activity: 854
Merit: 253
l0tt0.com
October 04, 2017, 11:27:18 AM
Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value

It depends on the person who is using bitcoin. There are people who are using bitcoin on their everyday needs since this is the only way they are earning money, and they really need it, that is why we can't blame them on using it on their everyday living, though in a way they are throwing away the profits that they could make in the long run if they are going to hold it and will just convert some if they need it.

Actually, majority of the person here they used bitcoin to their daily lives to all expenses they need to buy. Especially, bitcoin most used for sending money thru remittances.
This is an strengths of the Bitcoin's function can supplies. Most of the people use Bitcoin before its value increases because they want to transfer their money through Bitcoin. It can gives us a services transfer money with cheapest fees and the speed also fastest, no payment method can compare to Bitcoin.
member
Activity: 136
Merit: 10
October 04, 2017, 11:05:11 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.  

Bitcoin was not designed in the way you are describing it. Bitcoin was not made for people to use it to buy groceries and everyday spending with. It is meant as an investment option, similar to gold.

Bitcoin is also fairly anoymous, especially if you use multiple addresses. Think of bitcoin as gold and compare them. They re both investments but Bitcoin has the abilibity to be spent online.

For why i use bitcoin is to get an income because being a student it hard to buy our needs if our money is not enough to our daily expenses to that i use bitcoin to provide my daily needs and also to support my studies.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
October 04, 2017, 10:52:26 AM
I prefer bitcoin because there is so much I can do with bitcoin. examples we can do with bitcoin that is, investing, trading and buying household needs. how to get bitcoin is also very easy, like join bounty campaign and social media bounty.
hero member
Activity: 1498
Merit: 586
October 04, 2017, 10:07:26 AM
I guess we all have our own reasons and understanding about bitcoin. I invested in Bitcoin believing that it would be our worlds currency. Now why should I use bitcoin?, my answer is because it is the future money, now that its still a bit early to use it as payment in stores or wherever you can think of, I just hold it and wait for it to grow more. Well, its purpose is to send money to whoever you like without having a third party that would make money out of your transaction, if that is the way our future transactions would be, then I would like to be part of it.
there are so many uses of bitcoin , not only for personal uses, one of those are we can use it in our daily needs, we can buy our goods online we can now use that, i have heard that in some countries bitcoin has been acceptable now and it has a been recognize and they can use that in their resto.
full member
Activity: 280
Merit: 100
October 04, 2017, 09:15:03 AM
Initially I joined bitcoin just wanted to earn more money, but from time to time I feel comfortable in this forum and get a lot of knowledge, from start I learned bounty follow, trading, to be a translator. I think using bitcoin is more useful than its harm.
sr. member
Activity: 910
Merit: 251
October 04, 2017, 09:07:47 AM
Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value

It depends on the person who is using bitcoin. There are people who are using bitcoin on their everyday needs since this is the only way they are earning money, and they really need it, that is why we can't blame them on using it on their everyday living, though in a way they are throwing away the profits that they could make in the long run if they are going to hold it and will just convert some if they need it.

Actually, majority of the person here they used bitcoin to their daily lives to all expenses they need to buy. Especially, bitcoin most used for sending money thru remittances.
full member
Activity: 434
Merit: 100
October 04, 2017, 07:40:25 AM
before, i use bitcoin for just investment only, but after ive join in this forum, ive learn a lot of things and some useful information to improve my earning in bitcoin, ive learn how to trade and join ICO using my bitcoin and now im earning ,not too much but its enough for me to start a new life.
newbie
Activity: 56
Merit: 0
October 04, 2017, 05:52:13 AM
Here are 10 good reasons 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
sr. member
Activity: 518
Merit: 250
October 04, 2017, 05:19:20 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.   
You must use bitcoin because bitcoin is widely used by many.And bitcoin is already tested to be legit.Bitcoin can really help you in yoir financial needs and bitcoim can help you in so many things.With the less of your time and effort you can gain so much money.
newbie
Activity: 24
Merit: 0
October 03, 2017, 03:57:33 PM
Becose to send bitcoin in China to buy equipment I dont need go to bank and wait 3 days SWIFT transaction. My transaction in bitcoin blockchain after few minutes accepted and a I may get my equipment.
copper member
Activity: 658
Merit: 284
October 03, 2017, 03:45:05 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.  

Bitcoin was not designed in the way you are describing it. Bitcoin was not made for people to use it to buy groceries and everyday spending with. It is meant as an investment option, similar to gold.

Bitcoin is also fairly anoymous, especially if you use multiple addresses. Think of bitcoin as gold and compare them. They re both investments but Bitcoin has the abilibity to be spent online.
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.
Yeah, I think the guy here has a good answer to this very question.
Bitcoin was designed to disrupt PayPal and other expensive means of send money from one person to another.
Bitcoin provide the solution in such a way that people can send large amount of money in a fast and secure way with very low transaction fees.
Using bitcoin is simple and easy - yet the transactions are instant all over the world. Bitcoin knows no customs, no borders, or regulations whatsoever.
full member
Activity: 280
Merit: 100
October 03, 2017, 02:55:20 PM
Bitcoins are great for internet transactions since there are no fees that you have to pay. Bitcoins are also a very good investment since the price will rice overhaul and you will make a profit. Bitcoins are also easy to use since they can be paid with no matter what country you are in (to buy something on the internet) unless it is banned.
full member
Activity: 392
Merit: 101
October 03, 2017, 02:47:59 PM
iam use bitcoin because can convert to fiat money
and my income incraese because use bitcoin, iam trading mining and follow signture campaign in bitcointalk
A good opinion and I like your opinion.
If my opinion of bitcoin is a lucrative business and often manifests the desires of many people including myself, so bitcoin often raises or adds my income and facilitates daily needs, therefore I use bitcoin because it is very difficult to have an element of deception in the business.
newbie
Activity: 36
Merit: 0
October 03, 2017, 02:37:35 PM
Because you can account for where your money went. Because you can have a ledger that records everything. Because your promise of value isn’t just another promise but is indeed value.
legendary
Activity: 1596
Merit: 1034
October 03, 2017, 02:26:52 PM
I believe that the purpose of bitcoin as a currency in the future will be achieved. Why? because now many countries are using e-money facilities as a means of payment. This facility is the first step for bitcoin can be accepted as a means of payment in various countries because bitcoin is also a digital currency (electronic) so most likely maybe bitcoin can enter into one currency in the e-money facility.
full member
Activity: 505
Merit: 100
October 03, 2017, 06:10:25 AM
I guess we all have our own reasons and understanding about bitcoin. I invested in Bitcoin believing that it would be our worlds currency. Now why should I use bitcoin?, my answer is because it is the future money, now that its still a bit early to use it as payment in stores or wherever you can think of, I just hold it and wait for it to grow more. Well, its purpose is to send money to whoever you like without having a third party that would make money out of your transaction, if that is the way our future transactions would be, then I would like to be part of it.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
October 03, 2017, 05:48:52 AM
What do you mean to ask me like this?

hahaha, i'm just kidding ,, Cheesy
I use Bitcoin as a tool to make conventional money, because now Bitcoin can not be used for payment, so I'm looking for Bitcoin to make conventional money ..
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