Topic: Why use Bitcoins ? - page 56. (Read 13374 times)

the question is : why not? For exemple, if you make an international bank transfer you pay big commissions : with Btc the commission is very very small. This is a good reason

Yes. That's true. Bitcoin is used to invest in different purposes. Why use it I think depending on the perception of each person.

You have a point. Taxation is such a big deal for every traders. Since bitcoin is decentralized, government can't manipulate it which cause people who uses it to be more comfortable and more satisified for every transactions that they are making.

I like bitcoin because I don't pay taxes in bitcoin, it is convenient to pay for goods and services on the Internet and the most important thing that bitcoin price is constantly going up. The periodic drops in price does not affect the overall statistics for the year.

I can understand that you are frustrated because of the fees till that point all was fine with you wasn't it. The average consumer is smart and that's why they go for Bitcoins. Say you have 100$ a week back both in Fiat and Bitcoins, today your Fiat would yet be 100$ and Bitcoins would have gained 50 - 80$ and less the fees when you transact that's almost double so why wouldn't they I'f they don't I consider them dumb period.

There are Many reasons i use BTC specially use traveling.

We need to use bitcoin in order to fasten our transactions and also to secure our selves from identity theft because we can secure our self by the feature of bitcoin for being anonymous and we don't need to put our infos about our personal things in bitcoin transaction because the only required thing is the bitcoin address.

Every person use bitcoin according to their own concern. Some people use bitcoin for the purpose of gambling, entertaining porn and in any other criminal sense, but many of them are using bitcoin being a full time employee for the purpose of source of income and totally depended on bitcoin earning.

I think the main purpose of use of bitcoin should be to promote bitcoin to be recognized a legal currency across the world. I think there must be many competitors in the market regarding currency, because I think it may be proved helpful for masses in future, thus being a good competitor bitcoin should be used.

Bitcoin is best commodity you can buy any thing even with bitcoin or convert to Fiat currency like MONEY

 

It is convenient for me to keep my savings in bitcoins, which I earn on different campaigns. Then I still translate them into another currency.

I agree with you guys. Paypal is one on my big motivations to look at alternative payment and money transfer systems. Paypal is not a safe or reliable method for a seller to do business. The charge backs have created a large scam and made it very unstable for sellers.

As a web designer and developer I can not take payments tru Paypal. If someone does a chargeback months later I have 0 protection because I sold a non-tangible good. Someone could need money to pay thier mortgage, decide the business was a bad idea, whatever reason they could get all the money back. and if you do not have it in the acct linked to Paypal they will freeze it. I am not going to put hundreds of hours of work into that kind of risk.

I am looking for a nice clean crypto payment solution that I can get paid on bench marks and phases of a project. After I get paid for the agreed upon terms the money is safely mine. Just how contracts and deals are designed to work.



To research and study crypto currency.


You are telling me asking Why would the population use bitcoins ? is "stupid" ?

Bitcoins and cypto currency has a problem. It has no mainstream practical use. This is problem because without that all this "value" is just a bubble.

You are probably running around like a clueless lemming thinking they got in on some secret at the "ground level". This is what all Lemmings in bubbles think. Others are researching and developing real world ways to use crypto currencies.

Why would someone use it ? is the first thing to ask in the realm of design and development.   

Why are you coming to this forum? If you are a member here, I think you should not be asking stupid questions, we all want to use bitcoin for profit. There are many ways to make money from it, since it attracts many users.

Use Bitcoin to pay quickly, earn money to get rich, or simply testify to what people are saying about the magic of Bitcoin.

Here are my points:

It?s fast
ITS CHEAP
Central governments can?t take it away
There are no chargebacks
People can?t steal your payment information from merchants
It isn?t inflationary
It?s as private as you want it to be
You don?t need to trust anyone else
You own it
You can create your own money

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.

Well the reason for people holding onto bitcoin is because of its high value for investing. Some retailers now accept bitcoin as a payment but I see at as a loss instead of a profit. Another reason for me holding my bitcoins is because I always convert it to fiat whenever I receive them from my campaign signature. People mainly use bitcoins only for investment or gambling. Well maybe an advantage of bitcoin is its nature and accessibility to average persons like us since we can earn it easily through different methods.

Yes you are maybe right, but for those normal people who've just started earning little by little, you can't make them do what the big investors do. I mean they've just started from scratch and still learning the nature of Bitcoin. Well few of the people here are the ones who're financially inclined, and when they've knew Bitcoin and eventually earn, you can't stop them from using what they've worked for.

The main reason I use Bitcoin is to connect in a deeper part of the Internet economy, it's unlikely to lose early on... Especially when the known peak isn't figured out.

To establish one's ground this has to be stuck with, having no luck could lead to the same profits as learning skill separate to the individual.

as a matter a fact, first time i use bitcoin, i don't even know that bitcoin can be used for buying something. but after i read more, i found that bitcoin is like money which we can use to buy. from day by day, i found again that bitcoin can be like an investment for long term, we can make true money. if you said like that, i suggest you search more info about bitcoin, the history, how we can use bitcoin and else. people using bitcoin by their own reason and i think bitcoin have many value and benefit so this is why people use bitcoin.

One, it is because we all need an online payment gateway akin to PayPal. Right now, Bitcoin is better than PayPal in so many ways though there is no way to complain if someone is scamming you.

Two, we are all involved in the speculative nature of Bitcoin and that has become the nice hobby of everyone. To us, Bitcoin has become like an investment that we know ill grow by leaps and bounds.

Three, Bitcoin is the future and there is always excitement here. Who would not want to be part of an exciting and energizing party?

Four, Bitcoin is representing the blockchain technology whose applications will later on encompass many facets of our everyday lives.

Now, there are so many other reasons why. We have to remember that Bitcoin is still young and evolving. Time will come when we will all love to use Bitcoin for everyday needs when the value will eventually plateau. For now, let's just enjoy the ride.