Topic: Why use Bitcoins ? - page 46. (Read 13374 times)
cause it is digital currency and easy to use.
Because of bitcoin I can earn some extra money other than my salary, so I am using bitcoin to fulfill my dreams and once they are all reached then I'll stop earning bitcoins and live my life happily ever after.
I agree with you, for me why should bitcoin, because for long-term investment, bitcoin is very suitable, why so, it is because the bitcoin price is fluctuating or erratic, so it can be a challenge for the holder.
For long term investment it is always been said here to use bitcoins. Why bitcoins, because they are safe in investment. If you just see the price charts since last 2 months, you see a line just going up gradually. Whosoever wants a long time profit must invest in bitcoins, and for me I think it is enough reason for using bitcoin.
Because before I want to buy a desire but I do not have enough money to buy the desire, after I join in bitcoin then I get the money, and therefore I choose bitcoin as work
I think bitcoin is not designed as what we pikitkan. Bitcoin is not made for us to buy daily necessities. but rather in the purpose for us to invest like gold. Like any other currency bitcoin is a storage value and can be used to trade and buy other items of the same value, we can use it as a regular payment system, we are more in sarsnkan to invest in nitcoin.
Yes you are right, these are the extra features that we use bitcoin for buying/shopping online. The main purpose of bitcoin is trading like gold, commodities and Forex but some people see it like fiat currency and use it only for transfer and shopping. These are the extra benefits bitcoin provide but if you invest and trade bitcoin it may change your life in monetary terms.
I can agree with the fees part, there are some goods of daily needs are available at the price of Bitcoin transaction fees so why would anyone prefer to pay the extra amount on a daily basis?
Being a domain name reseller, I find Bitcoin is a cheaper and faster way to accept payments on the international level. It is still cheaper than that of other payment service providers but that is not the case for local offline market transactions. I think we need some concrete solution to make it cheaper on the local level too for micro transactions to make it the people's currency.
Being a domain name reseller, I find Bitcoin is a cheaper and faster way to accept payments on the international level. It is still cheaper than that of other payment service providers but that is not the case for local offline market transactions. I think we need some concrete solution to make it cheaper on the local level too for micro transactions to make it the people's currency.
With Bitcoin you can conduct transactions all over the world extremely fast at extremely low cost, guaranteeing privacy and high security. What's special, besides buying, you can create your own Bitcoin yourself thanks to a powerful enough computer.
Yes you are right you can easily transfer it all over the world very fast and at low cost. Many countries like Pakistan do not have any other facility like paypal etc so bitcoin is ray of hope for people like us to trade or transfer all over the world freely. Bitcoin is the freedom.
In bitcoin, you can control your money and see the history of transactions on it to make it more trusted. Your name is hidden in the wallet with no traces of your identity. You could transfer a huge amount of money lesser than financial services and mush faster than it. It is an investment also a virtual gold that could be mine using a hardware. Lastly, its price makes you impossible to deny and make you eager to earn it.
- Low cost: If you transfer money through banks for a friend or relative who will usually take an expense but with Bitcoin it completely free or only take very small fee
- Efficiency: Money Bitcoin posted and Get almost instantaneous whether you send anywhere in the world, any time of day or night.
- High Security: The transaction does not contain personal information, it is hidden on the system, allowing users of information security operations avoid identity theft.
- Transparency: All information on transactions are in the database of the site Bitcoin transactions or electronic wallet
- Control: Users can control their transactions without anyone managing
- Efficiency: Money Bitcoin posted and Get almost instantaneous whether you send anywhere in the world, any time of day or night.
- High Security: The transaction does not contain personal information, it is hidden on the system, allowing users of information security operations avoid identity theft.
- Transparency: All information on transactions are in the database of the site Bitcoin transactions or electronic wallet
- Control: Users can control their transactions without anyone managing
That's the good and literal summary about Bitcoin.
We should realize the time and the world that we are living inside.
Bitcoin is the past and future of cryptocurrency.
Really good analysis, this is a good reason why people should use bitcoin aside from the fact that the value of bitcoin are really increasing this is the best other reason to accumulate more bitcoin. and i know a lot of people will realize this and use bitcoin in the future.
- Low cost: If you transfer money through banks for a friend or relative who will usually take an expense but with Bitcoin it completely free or only take very small fee
- Efficiency: Money Bitcoin posted and Get almost instantaneous whether you send anywhere in the world, any time of day or night.
- High Security: The transaction does not contain personal information, it is hidden on the system, allowing users of information security operations avoid identity theft.
- Transparency: All information on transactions are in the database of the site Bitcoin transactions or electronic wallet
- Control: Users can control their transactions without anyone managing
- Efficiency: Money Bitcoin posted and Get almost instantaneous whether you send anywhere in the world, any time of day or night.
- High Security: The transaction does not contain personal information, it is hidden on the system, allowing users of information security operations avoid identity theft.
- Transparency: All information on transactions are in the database of the site Bitcoin transactions or electronic wallet
- Control: Users can control their transactions without anyone managing
That's the good and literal summary about Bitcoin.
We should realize the time and the world that we are living inside.
Bitcoin is the past and future of cryptocurrency.
I agree with you, for me why should bitcoin, because for long-term investment, bitcoin is very suitable, why so, it is because the bitcoin price is fluctuating or erratic, so it can be a challenge for the holder.
Agree with you for me thats why i choose bitcoin too for longterm i see this too for long term and as i started here i dont wanna lost it cause a lot of profit i get here i got a llot here my need are sustained by bitcoin. And for trading i choose it too.
I think bitcoin is not designed as what we pikitkan. Bitcoin is not made for us to buy daily necessities. but rather in the purpose for us to invest like gold. Like any other currency bitcoin is a storage value and can be used to trade and buy other items of the same value, we can use it as a regular payment system, we are more in sarsnkan to invest in nitcoin.
Benefit of virtual currency Bitcoin: Bitcoin trading at extremely low cost, Confidential information can not be stolen using Bitcoin, Bitcoin makes trading happen fast
- Low cost: If you transfer money through banks for a friend or relative who will usually take an expense but with Bitcoin it completely free or only take very small fee
- Efficiency: Money Bitcoin posted and Get almost instantaneous whether you send anywhere in the world, any time of day or night.
- High Security: The transaction does not contain personal information, it is hidden on the system, allowing users of information security operations avoid identity theft.
- Transparency: All information on transactions are in the database of the site Bitcoin transactions or electronic wallet
- Control: Users can control their transactions without anyone managing
- Efficiency: Money Bitcoin posted and Get almost instantaneous whether you send anywhere in the world, any time of day or night.
- High Security: The transaction does not contain personal information, it is hidden on the system, allowing users of information security operations avoid identity theft.
- Transparency: All information on transactions are in the database of the site Bitcoin transactions or electronic wallet
- Control: Users can control their transactions without anyone managing
With Bitcoin you can conduct transactions all over the world extremely fast at extremely low cost, guaranteeing privacy and high security. What's special, besides buying, you can create your own Bitcoin yourself thanks to a powerful enough computer.
Bitcoin is shocking coin.Its used different purposes. For transferring currency and by holding, mining it gives great opportunity to become profitable as well.
I've been using Bitcoin since it was $50, and recently stopped. I don't like how much influence on the market and stigma of the crypto space it has, so I discontinue supporting it, at least for a while. If core gets their act together or some other fork, perhaps my faith can be renewed. Otherwise much better to just use Ethereum or something else.
I use bitcoin because I can trade with it and then have more money. I like trading and I've tried stock market before but then realized that I cannot profit that much because I have just small capital and to profit from it, I should have at least a million so that I can profit even if there are just small movements of price since prices are stable unlike bitcoin and altcoin in which the price fluctuates because of low volumes so as a trader it is ideal for me to trade crypto instead of stocks. I did not attempt to trade forex because it's too complicated for me.
I agree with you, for me why should bitcoin, because for long-term investment, bitcoin is very suitable, why so, it is because the bitcoin price is fluctuating or erratic, so it can be a challenge for the holder.
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.
Well, they should use bitcoin because it will them to gaim and make more income. In addition to that, if they use bitcoin there is a possibility that they could become rich in the future and bitcoin is very profitable. Lastly, I also use bitcoin and it gives me more income and money. 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.
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