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Author Topic: 10 reasons for bitcoin to prosper  (Read 7019 times)
Kong Hey Pakboy
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April 05, 2021, 06:07:02 AM
 #61

Bitcoin isn' really new, if you have posted this in 2011 or 2012, I might've believed you but bitcoin is a decade old and it isn't necessarily gives you freedom since bitcoin is tied to technology and it currrently can't exist outside technology. For me, the reason that bitcoin is going to prosper is it is the first of its own and has since then led a revolution in the FinTech sector which is still influencing it until now.

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proTECH77
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April 05, 2021, 06:39:06 AM
 #62

I agree with you, government can decide not to legalized bitcoin in the country just to punish the users in the environment and also government can choose to legalized bitcoin  to improve their economy not to collapse in the country. Those countries that legalized bitcoin in their country are doing well with their economy in the country.

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arwin100
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April 05, 2021, 09:59:14 PM
 #63

I agree with you, government can decide not to legalized bitcoin in the country just to punish the users in the environment and also government can choose to legalized bitcoin  to improve their economy not to collapse in the country. Those countries that legalized bitcoin in their country are doing well with their economy in the country.

We cannot assume that bitcoin made their economy well as first I don't think they are getting a tax on certain individual who use this, but if they are investing on it well maybe they possibly earn good returns as the market is crazily doing good, but even we are in green zone these days still government should di a study since we have a bear market crash incident called and their economy will collapsed if we will go thru that situation if they enter and adopt at the wrong time.

sapnu
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May 01, 2021, 10:57:12 AM
 #64

Just by looking at the factors mentioned below, we can already see why there are a lot of people who are investing in bitcoin right now. Aside from the value of bitcoin, the features it contains makes people get attracted to it. There are still a lot of reasons that are yet to come as bitcoin gets legalized all over the world but it will still take too much time before we see that from taking place. Privacy, safety and freedom are those of the main reason why people are choosing to invest in bitcoin than in any other coin existing right now. We should not waste the chance given to us, make the most of it with the proper strategies and decision making.
haidil
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May 01, 2021, 01:15:35 PM
 #65

Just by looking at the factors mentioned below, we can already see why there are a lot of people who are investing in bitcoin right now. Aside from the value of bitcoin, the features it contains makes people get attracted to it. There are still a lot of reasons that are yet to come as bitcoin gets legalized all over the world but it will still take too much time before we see that from taking place. Privacy, safety and freedom are those of the main reason why people are choosing to invest in bitcoin than in any other coin existing right now. We should not waste the chance given to us, make the most of it with the proper strategies and decision making.
it's true that many people adopt bitcoin as a promising investment. every time, bitcoin is answering problems in this digital era, with an increase. we just need to wait for bitcoin to be legalized all over the world, and this will be an extraordinary digital era.

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wahyu wida
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May 01, 2021, 03:17:17 PM
 #66

Just by looking at the factors mentioned below, we can already see why there are a lot of people who are investing in bitcoin right now. Aside from the value of bitcoin, the features it contains makes people get attracted to it. There are still a lot of reasons that are yet to come as bitcoin gets legalized all over the world but it will still take too much time before we see that from taking place. Privacy, safety and freedom are those of the main reason why people are choosing to invest in bitcoin than in any other coin existing right now. We should not waste the chance given to us, make the most of it with the proper strategies and decision making.
for now, if we look at the development of bitcoin and many people who love it, because of its fantastic price hikes and generous profits, we can appreciate the recognition of many people who suddenly get rich from the results of bitcoin. Indeed, to be legalized is still far from expectations, at least the current government does not prohibit it
fullhdpixel
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May 01, 2021, 08:59:33 PM
 #67

I see only one reason : Fiat sucks. That is really all there is needed to move to crypto and that is why I love it, I mean people could love it or hate it all they want but there is really one reason for going to crypto and that is the fact that fiat world sucks.

It is the politicians, the business people, the bribes between them, the banks and many other stuff that results with fiat currency being horrible beyond belief, and when a super wealthy person wants a loan, they could have as much as hundreds of millions of dollars in debt and not pay it and still get another debt, while if you are late on your $100 loan one month they will do everything to take your stuff to cover their loss. This is why I am in all crypto except my costs, as long as I have my costs down in fiat so that I can pay them, everything else stays in crypto as long as possible.

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AicecreaME
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May 03, 2021, 01:46:57 PM
 #68

<...>

Nice list of reasons you got there, mate. Every number makes sense to me. It's worth the time to read.

Bitcoin has a big potential to boom and skyrocket due to its nature and it offers wide possibilities in terms of investing. I consider cryptocurrency as a new big thing because of its promising disposition. Before, many people have ignored btc because they thought it was nonsense. However, during the present time, majority are considering putting their investment in bitcoin. See the sudden surge of users?

I just hope people would be more knowledgeable so that they'll be able to earn money and transact conveniently.
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