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Topic: Why use Bitcoins ? - page 55. (Read 13347 times)

sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
July 22, 2017, 01:55:54 PM
#54
I am using Bitcoin for Crypto Trading. I think most of the BitcoinTalkers are using Bitcoin for trading. Because Bitcoin is not available for exchange all over the world.
hero member
Activity: 826
Merit: 529
July 22, 2017, 01:35:49 PM
#53
from my point of view is that people basically are using Bitcoin for making a profit, so it is used for the purpose of saving and investment. not only that people also choose Bitcoin because of its transaction facilities and payment system. nowadays many sectors accept Bitcoin as a payment tool. so day by day the use of Bitcoin is increasing across the world.
hero member
Activity: 910
Merit: 500
July 22, 2017, 01:22:28 PM
#52
Why people will not use Bitcoin?The world now knows about Bitcoin,what is its advantage?People who are online currency traders know better about Bitcoin.Now you say why use Bitcoin?
bitcoin is the new era of currency in our generation now , it can make somethings possible, it can also help us to reach for our dreams and to follow our goals in life, bitcoin really helps us in many ways thats why , bitcoin is so very important for me, bitcoin can be use in many transactions too in online, and soon it will be legalize worldwide.
copper member
Activity: 484
Merit: 110
July 22, 2017, 01:19:49 PM
#51
I use bitcoin because it's user friendly. Also it have highest price of all coins. I also use it because I can earn by using it with trade and campaigns in bitcointalk forum.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
July 22, 2017, 01:05:56 PM
#50
Why would they? That's a real question that most of us cannot answer because we already see the value of bitcoin in terms of investment and whatnot. For the average and uneducated Joe, it will remain as another speculative bubble scams similar to the dotcom bubble and will stay away from it. For the general masses, whichever works is good, that's why they still use fiat. But to us who found out "first" what good could bitcoin do to us, we'll stick with it since we got the benefits of money and investment laid in front of us.
full member
Activity: 688
Merit: 106
July 22, 2017, 01:01:07 PM
#49
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
Well, all people already know that you can convert bitcoin into fiat that you can use in offline store. In addition to that, there are lot of reasons why you should use bitcoin. First, if you invest in bitcoin you can a sure that your capital will become twice easily and by using bitcoin you could earn and make a high income.
newbie
Activity: 42
Merit: 0
July 22, 2017, 12:25:33 PM
#48
Its worth every penny for spending on transaction fees for, your transactions would be anonymous and no government controls it .

Bitcoin transactions are not anonymous. I do like that no government directly controls it.

If you cannot see the benefits that is because you don’t want to see them,

Reminds me of the story The Emperor Wears No Clothes

you can buy stuff from amazon in purse.io and get a discount between 10 to 20% on your purchase, if that is not enough for the average person especially when you add the fact that bitcoin goes up in value periodically then I do not know what to say to you.

There is more to this hyped up story. Amazon with purse.io has very mixed reviews, fees and some risk involved. You buy the bitcoins at an inflated price you then buy a gift card that has a high likelihood of being purchased with a stolen credit card. If and when you get your product it will probably have no warranty or return policy because the gift card was non-transferable, if it was bought with a stolen card Amazon very well might come after you.

But seems as if the bitcoin bulls took it ran with it and feed it to the sheep and they happily ate it up.


bitcoin cost less if you send money to your friends that live in another country, international wire transfer cost a lot of money,

I keep seeing this. I see future in this and remittances to countries like Mexico. 
sr. member
Activity: 392
Merit: 254
July 21, 2017, 12:57:12 PM
#47
use bitcoin because of its benefits, it's fast, it's cheap to use, it's private, and central governments can't take it away,you can use it anywhere in the world, to send value almost instantly, nearly for free, transferring bitcoins costs just a few pennies and you can send as much value as you want. it’s important to remember that bitcoins can’t be counterfeited or duplicated, the cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it, bitcoin also provides financial freedom
sr. member
Activity: 1288
Merit: 253
July 21, 2017, 12:51:35 PM
#46
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 you cannot see the benefits that is because you don’t want to see them, you can buy stuff from amazon in purse.io and get a discount between 10 to 20% on your purchase, if that is not enough for the average person especially when you add the fact that bitcoin goes up in value periodically then I do not know what to say to you.

In addition, bitcoin is also suitable for asset use, it is suitable for people who use it as a companion with fiat, people who are stable choose bitcoin means already understand this. Daily crypto traders are also familiar with bitcoin and may have thrown their thinking About forex, economic goals and a sense of comfort for one business makes it more attractive to prioritize.
sr. member
Activity: 560
Merit: 256
July 21, 2017, 12:50:42 PM
#45
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.   

I think most people use bitcoin for profit, they follow the trend of the world, they start looking for other opportunities in life, and bitcoin is like a delicious piece of cake, they just give up a little bit money to buy, and they can eat a lot.
hero member
Activity: 980
Merit: 507
July 21, 2017, 12:43:20 PM
#44
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 ought to be treated like a asset. But you treat bitcoin as if its nothing.The price of  bitcoin is volatile.Its worth every penny for spending on transaction fees for, your transactions would be anonymous and no government controls it .The price hike this week is also a reason why bitcoin is an asset,just like gold or any rare valuable resources  and not some grocery that an average consumer buys regularly.
full member
Activity: 448
Merit: 100
July 21, 2017, 12:35:00 PM
#43
Why people will not use Bitcoin?The world now knows about Bitcoin,what is its advantage?People who are online currency traders know better about Bitcoin.Now you say why use Bitcoin?
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 21, 2017, 12:32:41 PM
#42
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 you cannot see the benefits that is because you don’t want to see them, you can buy stuff from amazon in purse.io and get a discount between 10 to 20% on your purchase, if that is not enough for the average person especially when you add the fact that bitcoin goes up in value periodically then I do not know what to say to you.
sr. member
Activity: 966
Merit: 274
July 21, 2017, 11:05:58 AM
#41
Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value

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. So, even if Bitcoin just an investment for you, you still should support changes that can one day make it a viable currency for masses, because that's what will give it the biggest value out of all cryptocurrencies.
All is see to bitcoin is a brighter future that is obviously open on further development. Bitcoin as a form of crypto-currency is a way or an option for people to have a purpose on transaction. It is more reliable and fast at the same time compare to fiat. And as a  part of technology bitcoin is more centralized in the market if people will choose to used it as a form of transaction on a daily basis. But the best part is bitcoin does have development in all aspect that is aligned to the support of the people so if we choose bitcoin and used it we develop it more.
sr. member
Activity: 896
Merit: 267
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July 21, 2017, 10:18:26 AM
#40
Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value
Well, bitcoin is very profitable and it is a good investments. In addition to that, as of now many people already invest in bitcoin because they know that they could earn a lot of income and it has a high value in all cryptocurrency. Having bitcoin is an opportunity to become rich in the future. Lastly, many people believe in bitcoin that it will help them to get rich in the future.
sr. member
Activity: 546
Merit: 256
July 21, 2017, 10:15:12 AM
#39
how would you say that an average consumer cannot use bitcoin? Or why would you call them an experiment?

I didn't say the average consumer "cannot" use bitcoin. I said they have no reason to. They have reason not to -Fees and complications.

The average consumer will not pay more for complications. and they will not go tru complications to pay more. That has negative value, no one intentionally buys negative value.
My question is digging for value bitcoin can offer the average consumer.

I think the more user bitcoin has, the merrier, it may be a non tech or tech savvy, as long as they know what and how bitcoin is use, it is all good.

I agree the more users the better. The problem is not many people are using it. Only speculative buyers=bubble.

Until bitcoin and crypto currency becomes attractive valuable to use it will just be an experiment and a speculative bubble that will come crashing down. 


Me myslef is an avearage consumer, I don't have any investments on bitcoin but I just earn my bitcoins with these signature campaign, I just saved them, use them in trading and started some of my good profits. Bitcoin, from my experience here, it is just like an extra income or side job.
full member
Activity: 182
Merit: 100
Buglab.io
July 21, 2017, 10:03:50 AM
#38
Actually many reasons why many people use bitcoin. My main reason why I prefer bitcoin because bitcoin is more in the community. So it can be accepted anywhere. Have the bitcoin we can get faster profit. Because the price of the fluctuating bitcoin.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
July 21, 2017, 10:02:55 AM
#37
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 cost less if you send money to your friends that live in another country, international wire transfer cost a lot of money, i prefer bitcoin it's cheaper, many consumer now like bitcoin because it cn increase in value, bitcoin now is used like a safe heaven like gold, and not much for purchase, in japan they use it for shoping because maybe they have discount on some shop
newbie
Activity: 42
Merit: 0
July 21, 2017, 09:57:43 AM
#36
how would you say that an average consumer cannot use bitcoin? Or why would you call them an experiment?

I didn't say the average consumer "cannot" use bitcoin. I said they have no reason to. They have reason not to -Fees and complications.

The average consumer will not pay more for complications. and they will not go tru complications to pay more. That has negative value, no one intentionally buys negative value.
My question is digging for value bitcoin can offer the average consumer.

I think the more user bitcoin has, the merrier, it may be a non tech or tech savvy, as long as they know what and how bitcoin is use, it is all good.

I agree the more users the better. The problem is not many people are using it. Only speculative buyers=bubble.

Until bitcoin and crypto currency becomes attractive valuable to use it will just be an experiment and a speculative bubble that will come crashing down. 

sr. member
Activity: 546
Merit: 256
July 21, 2017, 09:20:33 AM
#35
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.   

This topic is already talked about here, https://bitcointalksearch.org/topic/why-should-people-use-bitcoin-1281079. Also, how would you say that an average consumer cannot use bitcoin? Or why would you call them an experiment? I think the more user bitcoin has, the merrier, it may be a non tech or tech savvy, as long as they know what and how bitcoin is use, it is all good.
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