Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Woshib on August 27, 2016, 11:15:19 PM



Title: Why do the peoples use the Bitcoin?
Post by: Woshib on August 27, 2016, 11:15:19 PM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?


Title: Re: Why do the peoples use the Bitcoin?
Post by: YIz on August 27, 2016, 11:17:31 PM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Sidas_Crew669 on August 27, 2016, 11:22:35 PM
The questions are pretty good friends. Indeed bitcoin has no huge difference compared to other currencies, but did you know about the unstable price bitcoin..?? . If Yes, then that is the main reason everyone using bitcoin, for a price of bitcoin unstable you and we all can benefit.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Chris! on August 27, 2016, 11:24:35 PM
You're wrong about a lot of things here. Where to begin...

Bitcoin is just a currency like all others

I was unaware that fiat was also decentralized. Could you explain that to me?

just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.

I'm really trying to grasp what this verbal diarrhea means but I'll take a stab at it.

So instant transaction are slow? Can you also explain that to me? Do you know how long it takes, say, a credit card to confirm? Look it up. 10-60 minutes for a confirmation (assuming you paid a half-decent fee) isn't much at all in the grand scheme of things.

Why do peoples use Bitcoin?

To stop being a follower.

Bitcoin will change what in currencies world?

Let me answer that question with another question: Wtf does that mean?!


Title: Re: Why do the peoples use the Bitcoin?
Post by: JeffBrad12 on August 28, 2016, 01:12:11 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
But maybe the main of your topic is not different with another topic like this and i think this topic like just recurring the previous topic with another word. LOL

 but my answer is trying for understanding about yourself after using bitcoin and comparing at you're using the another currency and whether you feel a difference in them?


Title: Re: Why do the peoples use the Bitcoin?
Post by: ~Bitcoin~ on August 28, 2016, 05:50:33 PM
There are many features that bitcoin have due to which people loves to use bitcoin rather than traditional payment processors few are: decentralized, transparency, anonymous and as transaction is not trackable everybody can use their money in the way they like to spend without any government/bank restrictions.


Title: Re: Why do the peoples use the Bitcoin?
Post by: socks435 on August 28, 2016, 06:43:11 PM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
Well i think for me i started in bitcoin and use them in 2015 when i was looking for extra income and i saw faucet that easy that that you can get satoshi the same as ptc site before that i never made withdraw unlike in bitcoin that you can withdraw it instantly so i stay in bitcoin because of it now i am here in bitcoin that i am earning in signature campaign that i never seen in other site that you can earn money.. now while earning bitcoin and saving it i use some of them to invest and learn in marketing online and now i am my own business online that i can earn passively.


Title: Re: Why do the peoples use the Bitcoin?
Post by: demonicsheikh on August 28, 2016, 06:53:44 PM
Its fees free man  :P plus i don't get restrictions.

And also i can accept small payments without huge fee  :)


Title: Re: Why do the peoples use the Bitcoin?
Post by: Bitcoinsummoner on August 28, 2016, 06:56:59 PM
I think they are using bitcoin because of easy to use bitcoin is fast transaction and you are just paying low fee or some wallet online are free for every transaction. unlike other company like paypal they have a high fee per transaction..


Title: Re: Why do the peoples use the Bitcoin?
Post by: OmegaStarScream on August 28, 2016, 07:11:55 PM
Slow transactions will vanish once the Lightning network is implemented so there is nothing to be worried about , fees are indeed the cheapest in any other payment method out there, If you think fees are not important then you should think twice each time you use your Credit cards at stores.
There is no federal reserve making and manipulation money, It's decentralized , everything is based on supply and demand. People don't need to provide real information's (unless they choose to in case they are using an exchange) to use Bitcoin , they can't get their accounts frozen , limited etc... It's perfect , It's bitcoin  ;D


Title: Re: Why do the peoples use the Bitcoin?
Post by: European Central Bank on August 28, 2016, 07:17:21 PM
because they wanna be part of the future and they're also holding some back hoping that the value explodes. other than that, unless you're somewhere unbanked or doing drugs, there's no reason to use it as a currency right now.

if more people used it then i'd certainly make more use of it, especially for stuff like transfers abroad and paying while abroad. the potential is there.


Title: Re: Why do the peoples use the Bitcoin?
Post by: HaXX0R1337 on August 28, 2016, 07:22:47 PM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
Hmm, im pretty amazed that you are asking such a questions here, in almost 2017.
Bitcoin is actually different than other regular currencies, you cannot really make fast transfer by USD- it will take some time to go through banks.
However bitcoin transactions are really fast, and worldwide.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Cereberus on August 28, 2016, 07:33:00 PM
Is this a dummy question or you need to be paid for your post from your signature ? Either way bitcoin is widely used by those who knows its benefits which are simple yet very effective. Like full anonymity , there is no central authority like ECB-European Central Bank or the Federal Reserve which decides the fate of their currencies. Bitcoin means freedom and you being your own bank. You have the coins in your desktop wallet and can do anything with them from paying for goods, digital goods, converting to cash, investing into casinos which is something nowadays is very difficult to do with FIAT currency. This is bitcoin which is absolute freedom.


Title: Re: Why do the peoples use the Bitcoin?
Post by: raphma on August 29, 2016, 02:14:37 AM
there is no difference with other currencies.

you're wrong in so many ways....
to begin with, you dont need banks and you can mine your coins. you pay way less fees then using banks and, if you want, you have anonimity(using bitcoin you will need some services, but still achievable).


Title: Re: Why do the peoples use the Bitcoin?
Post by: MakeMoneyBtc on August 29, 2016, 03:38:18 AM
there is no difference with other currencies.

you're wrong in so many ways....
to begin with, you dont need banks and you can mine your coins. you pay way less fees then using banks and, if you want, you have anonimity(using bitcoin you will need some services, but still achievable).
good said, there is some benefits to use Bitcoin. bitcoin is better than banks or other currencies


Title: Re: Why do the peoples use the Bitcoin?
Post by: metenjean on August 29, 2016, 03:55:22 AM
because it is simple , easy and everybody who already know about bitcoin can use it, bitcoin helps me a lot since i know it , and i think bitcoin helps other people's life too


Title: Re: Why do the peoples use the Bitcoin?
Post by: icecube45 on August 29, 2016, 03:59:56 AM
People use bitcoin as there are many advantages here. We can get a variety of ways such as trade and investment. Bitcoin is apt to benefit easily. Bitcoin does not change any of the currencies of the world because bitcoin digital currency. Bitcoin currency would be successful in the digital and does not affect the currency of the world.


Title: Re: Why do the peoples use the Bitcoin?
Post by: arifrinaldi on August 29, 2016, 04:22:04 AM
I think bitcoin is free to use, because it is not controlled by anyone .. and 1 bitcoin prices are very high, so bitcoin in the search by people today :)


Title: Re: Why do the peoples use the Bitcoin?
Post by: ipanks on August 29, 2016, 04:29:34 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

because bitcoin is long investment and there are attract many people to make an investment and of course people wants to make money with bitcoin. and i think bitcoin will change the world economy in future.


Title: Re: Why do the peoples use the Bitcoin?
Post by: gilang on August 29, 2016, 04:33:22 AM

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.


Title: Re: Why do the peoples use the Bitcoin?
Post by: shinratensei_ on August 29, 2016, 04:34:03 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
You're just making a trash thread, and just waste a lot of your time for typewriting useless things. and how many the spammer is making a similar thread like you made.

you're just recurring a spam topic and similarly like this

https://bitcointalk.org/?topic=4465.0

and there is another thread is also similarly like this too.



Title: Re: Why do the peoples use the Bitcoin?
Post by: shinratensei_ on August 29, 2016, 04:38:55 AM

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.
Blatant spammer is verified and you're typewriting without reading all of the posts above you. Bitcoin = USD? the best logic ever I was seen.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Indrawan77 on August 29, 2016, 04:45:39 AM
Yes it is true that bitcoin is almost same other currency, however bitcoin is the pioneer crypto currency that being created, that is one of the reason there are a lot of bitcoin user, and some of the country already set up bitcoin atm so its more convenience to use, eventhough bitcoin cant change world's currency but at least it has help some people economically


Title: Re: Why do the peoples use the Bitcoin?
Post by: electronicash on August 29, 2016, 04:51:03 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.

And you didn't need to submit documents to the central bank for your records unlike using bitcoin.
Everyone wants freedom and bitcoin is their way of escaping all the controls being enforced by governments. If i am to send hundred thousand to someone i'd be using bitcoin so it won't be deducted with thousands as well if i do bank to bank.



Title: Re: Why do the peoples use the Bitcoin?
Post by: Kakmakr on August 29, 2016, 05:44:43 AM
Why do you use PayPal? It makes eCommerce easier and also because it enables you to transfer value between borders. Bitcoin only do this a bit better and cheaper and you do not have to rely on 3rd parties like banks to make this possible. What other reasons do you need to use such a wonderful technology? ^smile^


Title: Re: Why do the peoples use the Bitcoin?
Post by: Tanic on August 29, 2016, 05:55:01 AM
I use bitcoin cause that is the easiest way to earn some money above my salary. I don't need to go somewhere and to ask someone for work, I'm just commenting on the net and make some profit from it. Add to that the price for bitcoin is attracting me, it is not fixed and it has tend to  rise.


Title: Re: Why do the peoples use the Bitcoin?
Post by: gandame on August 29, 2016, 06:19:31 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
The bitcoin it can be a pesos and can be the most easily used to transfer money anywhere in the world . And cheap transaction fee in blockhain just under the Xapo it free transaction . The bitcoin alone has the lowest transaction compared to banks or money transfer online. So many people use bitcoin for easiest way to tranfer money.


Title: Re: Why do the peoples use the Bitcoin?
Post by: avikz on August 29, 2016, 06:26:02 AM
People use bitcoin because they believe in the power of bitcoin. They believe that bitcoin has the power to change their lives. They believe that bitcoin price will go up so high, that they can use bitcoin to make few of their dreams come true.

We agree that bitcoin has the transaction fees, TAT for transaction is also slow, but the potential for the price to go up is huge. So people is taking it as an alternative investment route which may make them rich in near future.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Jambolb2 on August 29, 2016, 06:37:46 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

I don't think bitcoin is a currency like all others... is dollar or euro or any other currency is just like bitcoin? Not at all..
Bitcoin is a currency that grows gradually with the time.. Who does not want his money to grow while sleeping?


Title: Re: Why do the peoples use the Bitcoin?
Post by: qiwoman2 on August 29, 2016, 07:29:25 AM
I think bitcoin is very cool because you can transfer it without having cash in your pocket which could get lost or stolen form your purse. This way you can digitally transfer your bitcoin even whilst using a mobile device.


Title: Re: Why do the peoples use the Bitcoin?
Post by: goinmerry on August 29, 2016, 07:40:25 AM

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.

Yes that is one good reason also in promoting bitcoin. Money are sent like everyday there is large percentage of people moving their money or sending it to relatives and in online transactions. This is the main reason also that I am using bitcoin.


Title: Re: Why do the peoples use the Bitcoin?
Post by: bapparabi on August 29, 2016, 08:05:31 AM
Bitcoin is used by people because it has some unique features which other forms of currency donít have.Its anonymous and charges very low fee in transaction plus itís the only decentralized currency.


Title: Re: Why do the peoples use the Bitcoin?
Post by: entrepmind23 on August 29, 2016, 08:43:09 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

Because when you transact using bitcoin there's no documents needed that's why there is anonymity in it. There is no age limit as to who can use bitcoin as long as he knows how to use a mobile and computer and knows how bitcoin works then he can transact to other people whereas when you are transacting in a bank you need supporting documents and of course age limit. When you use bitcoin, you have your own bank and you can send to or receive from someone without restrictions. The transaction fee is really low compared to banks or money exchange.


Title: Re: Why do the peoples use the Bitcoin?
Post by: rphk on August 29, 2016, 08:53:42 AM
currently bitcoin is king among crypto currencies , it has lot of advantages like easy transaction , more secured , you can your own wallet , back up like paper wallet etc. and lot of sites on internet world wide accepting bitcoin as digital currency for transaction.


Title: Re: Why do the peoples use the Bitcoin?
Post by: torry28 on August 29, 2016, 09:02:41 AM

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.


Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.
LOL, what's going on here? 2 user have same (not similiar) posts. One of you were copied other posts or maybe both of you copied from other sites.

*back to the topic, i'm using bitcoin becuase it's easy to use (exchange to FIAT) and it has big value for now , and maybe in the future too (i hope).
just that...


Title: Re: Why do the peoples use the Bitcoin?
Post by: naidray on August 29, 2016, 07:41:26 PM
Is this a dummy question or you need to be paid for your post from your signature ? Either way bitcoin is widely used by those who knows its benefits which are simple yet very effective. Like full anonymity , there is no central authority like ECB-European Central Bank or the Federal Reserve which decides the fate of their currencies. Bitcoin means freedom and you being your own bank. You have the coins in your desktop wallet and can do anything with them from paying for goods, digital goods, converting to cash, investing into casinos which is something nowadays is very difficult to do with FIAT currency. This is bitcoin which is absolute freedom.
Probably it is a duplicate thread of "why customers use bitcoins". Still, I too want to contribute to this topic.

Being anonymous is highly looked after in todayís world. Also, it having no central authority looking over it and being usable worldwide in an instant as well makes it so much more likable. It has so many things, people must be going for it.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Vikingr on August 29, 2016, 09:33:25 PM
There are a lot of differences in bitcoin and other currencies, you can send bitcoin to any part of the world without any restriction with lowest feees and within a few minutes, and with that you will get more opportunities to earn and it is anonymous currency etc.


Title: Re: Why do the peoples use the Bitcoin?
Post by: croutonhexagon on August 30, 2016, 04:12:13 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
People Use Bitcoins For the Following Reasons:-
1) It is Fast And Instantaneous Way of Sending Money From One Place to Other Place....
2) We Can also Get Some Profit Because the Price of the Bitcoin is Always Fluctuating....
3) and the Transaction Fees Of Bitcoin is Very Low And It Does Not Have Controls Of Any Government Or Organization.....


Title: Re: Why do the peoples use the Bitcoin?
Post by: davis196 on August 30, 2016, 06:05:40 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

There is a difference and it`s not only one.

Transaction fees are smaller.

Transactions are irreversible.

Bitcoin is more anonymous.

Bitcoin price is more volatile,which makes btc a good investment.

And yes,those advantages can be  flaws.It depends of the situation.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Cozynunu on August 30, 2016, 07:18:46 AM
That is nice to talk about because there are allot of people dont even know what to do with their coins if they even have some coins. But that is funny because you can do almost everything with coins as you can do with gold the way to do it is only a bit different.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Script3d on August 30, 2016, 07:32:54 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
people use bitcoin because the price plus you can decide what is your transaction fee unlike paypal that have a high fee in bitcoin you just need a few cent to send bitcoins to other people and you can gamble online using bitcoin and many other things you can use with bitcoin


Title: Re: Why do the peoples use the Bitcoin?
Post by: elDano on August 30, 2016, 07:48:39 AM
Bitcoins can be used for almost everything you know there are so many people who dont know where to use the bitcoins for but it is quiet easy you can buy almost everything now with the bitcoin so dont need to explain everything you can do.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Antonio G. on August 30, 2016, 09:03:07 AM
Sending money worldwide without banks and government participation, nobody can freeze your money, because only you control your wallet - isn't it a dream?


Title: Re: Why do the peoples use the Bitcoin?
Post by: bit future on August 30, 2016, 10:39:23 AM
i think it is more convinient and easy way of shopping therefore people are using it, the second reason is that it gives a good earning if you hold it for a long time.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Harlot on August 30, 2016, 11:31:52 AM
There are many reasons why people all over the world use bitcoin, It the ability to earn them online. There was a time where you need paypal and other payment processors just to transact with other people and there is also the hassle of verifying your account. Now there is bitcoin wallets in where you can not only transact but is also a universal money in where many people accept it. It has features like earning them online that can be attractive for people who are looking to an opportunity online.


Title: Re: Why do the peoples use the Bitcoin?
Post by: noormcs5 on August 31, 2016, 06:21:14 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

But i don't think that the other crypto currency is too popular than bitcoin. People use the bitcoin because we trust on it, second bitcoin is big and first currency, which introduce the crypto currency in all over the world.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Pursuer on August 31, 2016, 06:28:26 AM
Bitcoin is just a currency like all others, ... , there is no difference with other currencies.

if you think bitcoin is just like any other currency then I wonder what have you been doing all these time apart from spamming the forum with signature campaign since you are a Full member.

Quote
slow transaction sometimes

again this is your lack of knowledge in bitcoin.
bitcoin transactions are instant, and as soon as you broadcast it on the network it is out there and the other person can see it.
the only thing that takes time is confirmation and that is how bitcoin works, include standard fee and you will never be left behind in confirmation ;)


Title: Re: Why do the peoples use the Bitcoin?
Post by: HilbillyFred on August 31, 2016, 07:21:16 AM
People are just using the bitcoin because it is an hype you know there are so many peopel dont even know where they can use it for and also having coins. So when you are having coins and dont spent them please sell them to people who kknows what to do with it.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Altcoinmoney on August 31, 2016, 07:29:45 AM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
Well i think for me i started in bitcoin and use them in 2015 when i was looking for extra income and i saw faucet that easy that that you can get satoshi the same as ptc site before that i never made withdraw unlike in bitcoin that you can withdraw it instantly so i stay in bitcoin because of it now i am here in bitcoin that i am earning in signature campaign that i never seen in other site that you can earn money.. now while earning bitcoin and saving it i use some of them to invest and learn in marketing online and now i am my own business online that i can earn passively.
People use bitcoins only to make some thing really easier you know there are so many people just having cash instead of bitcoins but there are allot of people having bitcoins and want to live from that and now that is possible because you can almost buy everything with coins.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Jambolb2 on August 31, 2016, 07:58:34 AM
Bitcoins can be used for almost everything you know there are so many people who dont know where to use the bitcoins for but it is quiet easy you can buy almost everything now with the bitcoin so dont need to explain everything you can do.

Even if you are not able to buy something with bitcoins you can easily convert them to any currency and then buy the thing you are desiring for... so basically bitcoin can be used to anything though it is not accepted everywhere but it is changeable..


Title: Re: Why do the peoples use the Bitcoin?
Post by: DOGE12321 on August 31, 2016, 08:16:05 AM
I think that most people use Bitcoin because of its revolutionary idea of decentralisation. It is the first in this area and is also partially anonymous. This new theory seems to be pretty attractive and as you can see Bitcoin has spread in a phenomenal way. Moreover, like you said transaction fees are lower, accounts can never be frozen and it is a completely peer-to-peer system.

:)


Title: Re: Why do the peoples use the Bitcoin?
Post by: co5hike on August 31, 2016, 08:36:19 AM
Bitcoins can be used for almost everything you know there are so many people who dont know where to use the bitcoins for but it is quiet easy you can buy almost everything now with the bitcoin so dont need to explain everything you can do.

Even if you are not able to buy something with bitcoins you can easily convert them to any currency and then buy the thing you are desiring for... so basically bitcoin can be used to anything though it is not accepted everywhere but it is changeable..

Yes and converting bitcoin to fiat currency is no big deal now, you can do it very easily and on short notice, so basically bitcoin can be used anywhere to buy anything.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Bradexterb on August 31, 2016, 08:39:13 AM
Because it can be easier to earn for some people and it doesn't have a boring interest rate of 0.7 like banks do. This is more risky which makes investing more fun, but I wouldn't keep all my money in it.


Title: Re: Why do the peoples use the Bitcoin?
Post by: erickkyut on August 31, 2016, 09:02:23 AM
some people use bitcoin because it is more convenient rather than paying using cash or credit cards while others us bitcoin because they can see it as an opportunity to earn profits.


Title: Re: Why do the peoples use the Bitcoin?
Post by: ~Bitcoin~ on August 31, 2016, 09:05:04 AM
People are just using the bitcoin because it is an hype you know there are so many peopel dont even know where they can use it for and also having coins. So when you are having coins and dont spent them please sell them to people who kknows what to do with it.
Bitcoin is obviously not just a hype bro, if people get bitcoin than they will surely learn more about it rather than selling cheap to others.


Title: Re: Why do the peoples use the Bitcoin?
Post by: peta4e on August 31, 2016, 09:05:32 AM
some people use bitcoin because it is more convenient rather than paying using cash or credit cards while others us bitcoin because they can see it as an opportunity to earn profits.

I agree with your later part that its an way to make good profits but while making purchases I think people still prefer to user cash and credit cards as bitcoin is not yet widely accepted.


Title: Re: Why do the peoples use the Bitcoin?
Post by: exscudo on August 31, 2016, 09:11:05 AM
I think it's all about trust. No government or institustion can steal your bitcoins... well, people tend to think so.  ;D Besides, most ppl use btc as an investment or make money by trading coins. With fiat currencies, it is more complicated since you need a broker, different bank accounts, and so on.


Title: Re: Why do the peoples use the Bitcoin?
Post by: TheUltraElite on August 31, 2016, 09:13:09 AM
People use bitcoin because it is anonymous, easy to send, not taxable and less fuss than a Bank account. However the price is volatile and it is still considered to be in Beta stage. Hence should be used with extreme caution. Still people use it just like fiat money.


Title: Re: Why do the peoples use the Bitcoin?
Post by: JumperX on August 31, 2016, 09:13:43 AM
I think it's all about trust. No government or institustion can steal your bitcoins... well, people tend to think so.  ;D Besides, most ppl use btc as an investment or make money by trading coins. With fiat currencies, it is more complicated since you need a broker, different bank accounts, and so on.

Bitcoin gives an ease to its users wherever they use either for gambling, money transfers, trading, online purchases as it gives them full privacy which is not possible with any other means.


Title: Re: Why do the peoples use the Bitcoin?
Post by: Digitalbitcoin on August 31, 2016, 03:36:22 PM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

Dear friend i dont know what is main moto of yours behind asking this question but I have great comment on it.

And many will accept it.


First of all fiat currencies are centralized. Only government can issue them. Even control them. So normal person dont have rights to generate money. But,

Bitcoin or any altcoin  have greatest advantage as they can be generate by mining. Imagine if we make arrangement for mining and start mining what will happen ?

Day by day miners are increasing it means they are generating money.

And generated coins can be exchanged on exchanger. There are many exchanger give instant trading facility.


Title: Re: Why do the peoples use the Bitcoin?
Post by: fkvidar on August 31, 2016, 04:15:56 PM
I am using it only in altcoin trading at a moment, as I am trying to grow my coins as much as possible so that can sell when price goes above $1k to make some good money out of it.


Title: Re: Why do the peoples use the Bitcoin?
Post by: sishendaoye on September 05, 2016, 03:10:33 PM
Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
I think that most people use Bitcoin because they want to make some extra money with it and I think that Bitcoin is the best way of doing that.
Most people do not make use of it as an currency but as an investment.


Title: Re: Why do the peoples use the Bitcoin?
Post by: MingLee on September 05, 2016, 03:14:33 PM
Some people use Bitcoin to get their money out of the fiat system and have it stored somewhere where its value isn't dictated by a government, some use it as an investment that is volatile and swings up and down, some use it to trade altcoins, some people use it to buy drugs or whatever (however that's slowly losing market share to Monero) and other people use it to find a way to make extra money doing whatever.


Title: Re: Why do the peoples use the Bitcoin?
Post by: coinzat on September 05, 2016, 03:18:44 PM
people who use bitcoin like freedom. they do not want any authority or government to control their money and take it whenever they want. they also want to be modern as flat money are old-fashioned now