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Author Topic: What do you like best about bitcoin?  (Read 173783 times)
Indijanos
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December 24, 2016, 04:06:54 PM
 #421

The price and the flexibility of bitcoin is the thing that got me very interested, besides the anonimity and the whole structure and the notion of bitcoin.

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December 24, 2016, 05:38:37 PM
 #422

I like its accessibility; you can have 24/7 access to your coins without restrictions.

Yeah i think thats right, you can pay bills anytime. Bitcoin really is free.
That's absolutely true, you do have full control on your bitcoins whether you will use it for paying bills or you are going to buy some items onlone through a merchant. Whatever you wanted to do with it, as long as the seller is accepting bitcoins. But if they don't we can just simply use exchange sites for converting it to real cash.
Or you could buy a vcc like the ones being sold in the forum right now, deposit some of your money in bitcoin and pay with that vcc is the merchant accepts it, which most do by the way, or you could ask a reputable member of the forum to make purchase for you and then send you your product.

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December 24, 2016, 05:45:36 PM
 #423

increasing of bitcoin price is much more good think on bitcoin because there is a lot of people investing their money in huge amount in bitcoin and they know that bitcoin increasing its price too much faster.

That is my favorite thing too actually, i really like the growing of the price, who does not like that? Everyone like seeing their money grow and when bitcoin price goes higher that is what happens with us, whatever we have keeps increasing with the time.
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December 24, 2016, 05:50:51 PM
 #424

Hello everyone! merry christmas! new to the game, looking forward to being a part of this big big world of cryptocurrency!  Grin
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December 24, 2016, 05:52:16 PM
 #425

increasing of bitcoin price is much more good think on bitcoin because there is a lot of people investing their money in huge amount in bitcoin and they know that bitcoin increasing its price too much faster.
yes that is favored by many people. increase and decrease of fast bitcoin prices then we can benefit. bitcoin can be used as a job. we can derive many benefits from the use bitcoin daily. in some places bitcoin is very familiar, so it is always equated with real currency that exists today.
If what you want to say is that Bitcoin gives people, with different skills, opportunities to make money, you're right. Here at bitcointalk, for example, users have opportunities to make money with design, translations, programming, and other skills. Bitcoin also gives opportunities for people interested in starting a business. I think that many entrepreneurs will come to see the potential of Bitcoin, and many things will be developed over the next few years.
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December 24, 2016, 06:08:00 PM
 #426

of course its price Smiley that always goes up and also it is so easy to use easy to send and to receive,tax free no age restriction so anyone can use it

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December 24, 2016, 06:15:26 PM
 #427

ive been told about bitcoin potentially going as high as $10000us/Bitcoin so yeah who really knows but that is not a bad outlook imo haha
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December 24, 2016, 06:21:09 PM
 #428

increasing of bitcoin price is much more good think on bitcoin because there is a lot of people investing their money in huge amount in bitcoin and they know that bitcoin increasing its price too much faster.
It's not only the price folks are interested in, many folks are investing their money into bitcoin to be safe from financial crisis. look at India's recent demonetisation policy. at least 80% of my money is in bitcoin for the same reason.
hurain
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December 24, 2016, 11:46:46 PM
Last edit: December 25, 2016, 12:31:59 AM by hurain
 #429

increasing of bitcoin price is much more good think on bitcoin because there is a lot of people investing their money in huge amount in bitcoin and they know that bitcoin increasing its price too much faster.
It's not only the price folks are interested in, many folks are investing their money into bitcoin to be safe from financial crisis. look at India's recent demonetisation policy. at least 80% of my money is in bitcoin for the same reason.
in fact bitcoin is not yet using for what it is created. the actual reason of its creation is to use it as currency, but as most of people still do mot know any thing about bitcoin therefore the facilities of bitcoin as currency is not available everywhere. and people are using it as investment.
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December 25, 2016, 12:14:28 AM
 #430

increasing of bitcoin price is much more good think on bitcoin because there is a lot of people investing their money in huge amount in bitcoin and they know that bitcoin increasing its price too much faster.
It's not only the price folks are interested in, many folks are investing their money into bitcoin to be safe from financial crisis. look at India's recent demonetisation policy. at least 80% of my money is in bitcoin for the same reason.
I think to save or keep money then it's better to buy gold than bitcoin, whether the gold taxes in india too high? i don't know finance in India and why they buy bitcoin to be safe from financial crisis?

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December 25, 2016, 07:46:28 AM
Last edit: December 25, 2016, 08:01:17 AM by qnelp
 #431

I like the idea of how the BTC can change the bank status. I think that the money are ones and zeros since wire transfer and the plastic cards. MHO
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December 25, 2016, 08:21:13 AM
 #432

increasing of bitcoin price is much more good think on bitcoin because there is a lot of people investing their money in huge amount in bitcoin and they know that bitcoin increasing its price too much faster.
yes that is favored by many people. increase and decrease of fast bitcoin prices then we can benefit. bitcoin can be used as a job. we can derive many benefits from the use bitcoin daily. in some places bitcoin is very familiar, so it is always equated with real currency that exists today.
it happened because of fluctuations that exist on bitcoin, so the price movements on bitcoin can move very quickly, so that you can sell and buy your bitcoin quickly and earn money quickly, surely only in bitcoin and cryptocurrency who have this kind of investment like this
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December 25, 2016, 12:28:01 PM
 #433

The best part about bitcoins Is the potential of becoming rich.
If we earn alot like millions of dollars the government ka tax us  Cool .

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BitcoinPC
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December 25, 2016, 12:44:20 PM
 #434


When it comes to bitcoin features, What I like is it is decentralized, the fact that no one controls it but the whole bitcoin community itself . The price is also driven by its users . Of course it is anonymous and difficult to trace which protects my privacy . It is onw of the worth giving a try long term investments .

And finally, It gives opportunity to people to earn extra income . It is different from the online jobs out there cause the payment is not in paypal and you don't give that much personal info which is I like .

Yes, being decentralized, no one controls it, price increases, the anonymity of users and difficulty to be traced which protect each privacy.
This is the best reason I read here, and this is why bitcoin is growing. And sooner many people will gonna use bitcoin because of these.

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December 25, 2016, 01:11:23 PM
 #435

The fact that you can move it around over the internet from one site or app to another without a bank being involved.
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December 25, 2016, 01:45:08 PM
 #436

i like best about bitcoin is no tax,profit good and potential is huge
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December 25, 2016, 02:25:01 PM
 #437

The fact that you can move it around over the internet from one site or app to another without a bank being involved.

You can do that in many more ways, for example the Paysafe card. You can deposit and buy/sell whenever you want without banks involved. However, no method offers transactions that are as fast as the Bitcoin ones. Although this is a good feature too, the best thing that Bitcoin can offer us is the anonymity.

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December 25, 2016, 03:08:16 PM
 #438

The fact that you can move it around over the internet from one site or app to another without a bank being involved.

You can do that in many more ways, for example the Paysafe card. You can deposit and buy/sell whenever you want without banks involved. However, no method offers transactions that are as fast as the Bitcoin ones. Although this is a good feature too, the best thing that Bitcoin can offer us is the anonymity.
perhaps with bitcoin we could be ourselves. that is, we can do anything in the business world. such as, trading, buying and selling, and a lot of things. many people are embarrassed to run a business in the real world, but with bitcoin, it could become a reality. the best thing of bitcoin is, when we are having a lot bitcoin, and the price goes up.


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December 25, 2016, 03:32:41 PM
 #439

i like best about bitcoin is no tax,profit good and potential is huge

That's is why many people are loving bitcoin, the taxation with bitcoin is not truly applied to us but there are some local exchange sites that are paying real tax for their service offered and the permit to be granted by the government that they are operating. We may not be taxed directly because they aren't saying it and we don't know it but in reality there are some of us who are paying taxed in terms of fees.

It doesn't matter in what manner you have obtained your coins. In each country there is a different law regarding how much wealth you can have without paying tax. If your wealth sits under the level of $20,000 for example, you don't have to pay tax. That however doesn't mean you don't have to declare what you hold. Every year it's a must that you honestly declare everything you have. Bitcoin lends itself perfectly for hiding a certain part of your wealth, but officially, everything must be declared.
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December 25, 2016, 03:40:33 PM
 #440

i like best about bitcoin is no tax,profit good and potential is huge

That's is why many people are loving bitcoin, the taxation with bitcoin is not truly applied to us but there are some local exchange sites that are paying real tax for their service offered and the permit to be granted by the government that they are operating. We may not be taxed directly because they aren't saying it and we don't know it but in reality there are some of us who are paying taxed in terms of fees.

It doesn't matter in what manner you have obtained your coins. In each country there is a different law regarding how much wealth you can have without paying tax. If your wealth sits under the level of $20,000 for example, you don't have to pay tax. That however doesn't mean you don't have to declare what you hold. Every year it's a must that you honestly declare everything you have. Bitcoin lends itself perfectly for hiding a certain part of your wealth, but officially, everything must be declared.
People here also in our country would like to hide all other income especially if you are professional making some side duties, because tax really for them is burden, but I believe there are also people who declared it all (I know some).

While in bitcoin I know that we have to declare it also 'cause it is part of our source of income.
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