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AsaroUk
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September 12, 2016, 05:47:27 PM |
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Well I think that the bitcoin is safer and you can also access it everywhere so that is also pretty nice if you are asking me.
I think the bitcoin has a very good worth and that its also profitable by just holding.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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September 12, 2016, 05:56:47 PM |
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Well I think that the bitcoin is safer and you can also access it everywhere so that is also pretty nice if you are asking me.
I think the bitcoin has a very good worth and that its also profitable by just holding.
If you can not buy foods in your place bitcoin should still withdraw to fiat to buy something here. But we are using bitcoin because we are making a good profit for every price increase. |
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chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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September 12, 2016, 06:03:28 PM |
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Well I think that the bitcoin is safer and you can also access it everywhere so that is also pretty nice if you are asking me.
I think the bitcoin has a very good worth and that its also profitable by just holding.
The safety of bitcoin is based on it's own users security preferences. About safe holding, no such thing like that. Yes holding is really profitable in many ways but still it's better to take some leap if there's an opportunity of price increase and decrease. |
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dhampir-D
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September 12, 2016, 10:48:06 PM |
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I consider bitcoin a better alternative when you need to send money to long distances, with low rates and more safely. I believe that users who adopt it as a currency could benefit from it.
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Maslate
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September 12, 2016, 11:02:50 PM |
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I consider bitcoin a better alternative when you need to send money to long distances, with low rates and more safely. I believe that users who adopt it as a currency could benefit from it.
That is actually the main purpose why bitcoin has been created, it can give benefits to the users especially in the remittance area where we can save if we are often sending money, we are threat to the remittance center. |
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Yakamoto
Legendary
Offline
Activity: 1218
Merit: 1007
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September 12, 2016, 11:14:50 PM |
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I personally have Bitcoin instead of cash because there are a lot of reasons why cash doesn't have value and why it is basically not worth having cash on hand for a lot of reasons, however I do have some cash for when I don't want to use my Bitcoin debit card. I just prefer to have Bitcoin because it technically makes more sense, even though it's technically far more volatile than cash and could be worse at some points.
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23dzmaz
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September 12, 2016, 11:56:28 PM |
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I have bitcoins instead of cash because i use bitcoin for trading, investment and gambling everyday. In the other hand i only use cash for my daily things. Actually both bitcoin and cash are important though.
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jossiel
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September 13, 2016, 02:18:00 AM |
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I have bitcoins instead of cash because i use bitcoin for trading, investment and gambling everyday. In the other hand i only use cash for my daily things. Actually both bitcoin and cash are important though.
Well me either I have bitcoins but I only have few ash. And the bitcoins that I am holding is more than the cash that I do have. It is better to use bitcoin because it is digital, just like here in my country when someone knew that you are already holding a lot of cash in your wallet. For sure they are going to think bad things about you and going to try to steal you, so with bitcoins it is about security. |
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romero121
Legendary
Offline
Activity: 3164
Merit: 1213
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September 13, 2016, 02:24:06 AM |
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I have bitcoins instead of cash because i use bitcoin for trading, investment and gambling everyday. In the other hand i only use cash for my daily things. Actually both bitcoin and cash are important though.
As quoted bitcoin is truly a good way of investment as well good for trading and gambling but right now there are only little stores accepting bitcoin for which cash is a must. Another important reason is that bitcoin grows depending upon the variation of price happening periodically which is not possible with physical currency. |
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Kotone
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September 13, 2016, 02:28:05 AM |
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We generally invest in bitcoin not because of high and encrypted security or digital transition.we invest them as they give us profit directly or indirectly.yes bitcoin have compact parameter which make it more flexible and reliable.
That could be right. Most of us invest in bitcoin because it has limited supplies, so the value will increase later. \ I invested also because of that and also because I believe in the blockchain. I believe that blockchain has unlimited possibilities that is why it will rise in value in the future. You invested also yeah you're believing in blockchain? the reason and the reason you are using bitcoin instead of cash well for me im prefered to use it both because we need cash to have bitocoin if we are going to buy some and we need bitcoin to have cash also so that two are very important. |
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goldcoinminer
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September 13, 2016, 03:14:56 AM |
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We generally invest in bitcoin not because of high and encrypted security or digital transition.we invest them as they give us profit directly or indirectly.yes bitcoin have compact parameter which make it more flexible and reliable.
That could be right. Most of us invest in bitcoin because it has limited supplies, so the value will increase later. \ I invested also because of that and also because I believe in the blockchain. I believe that blockchain has unlimited possibilities that is why it will rise in value in the future. You invested also yeah you're believing in blockchain? the reason and the reason you are using bitcoin instead of cash well for me im prefered to use it both because we need cash to have bitocoin if we are going to buy some and we need bitcoin to have cash also so that two are very important. Earning bitcoin online is a great opportunity regardless of what you do, bitcoin is worth to us because for now this is a good investment opportunity but at the end of the day we will cash out or bitcoin into fiat so we also need cash, they are both important I guess. |
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LegendaryMiner
Sr. Member
Offline
Activity: 407
Merit: 250
DAG, Built-in Chat and Conditional Payments
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September 13, 2016, 11:02:44 PM
Last edit: December 28, 2016, 05:06:00 PM by LegendaryMiner |
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I have bitcoins instead of cash because i use bitcoin for trading, investment and gambling everyday. In the other hand i only use cash for my daily things. Actually both bitcoin and cash are important though.
As quoted bitcoin is truly a good way of investment as well good for trading and gambling but right now there are only little stores accepting bitcoin for which cash is a must. Another important reason is that bitcoin grows depending upon the variation of price happening periodically which is not possible with physical currency. At the time bitcoin is already a better alternative to send and receive money from anywhere in the planet, but to use physical stores, we still depend on paper money. |
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Doamader
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September 13, 2016, 11:17:05 PM |
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At the time bitcoin is already a better alternative to send and receive money from anywhere in the planet, but to use physical stores, we still depend on paper money.
Sure the printed money is where we make the main decisions, but i do like bitcoin, being active all days, and unlimited ammounts worlwide, soo can see some project and invest into it without have to wait monday. |
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ethereumhunter
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September 13, 2016, 11:27:58 PM |
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You can save bitcoins as long as possible because it can not be touched physically so we wont loose it, but money are made from paper and it can be broken,someone can burn it or use another ways to break it.
its true, personally i will keep bitcoin for a long time depend on the rate is good or not. beside that, i use bitcoin as an investment for long term and for trading to make my bitcoin grow than before. so happy when i know bitcoin in 2015. |
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madwica
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September 14, 2016, 02:20:41 AM |
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I have bitcoin for my investment, but i have more cash for my daily needs because i can not spend bitcoin for daily basis there are no stores accepting bitcoin as their mode of payment in my area.
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chaser15
Legendary
Offline
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
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September 14, 2016, 03:36:02 AM |
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I have bitcoin for my investment, but i have more cash for my daily needs because i can not spend bitcoin for daily basis there are no stores accepting bitcoin as their mode of payment in my area.
You know it's still much better to use your fiat for your daily spendings since we care for bitcoin price. And that is a good practice since our saved coins are just idle waiting for their value to grow. But well this can't applied to those people who uses bitcoin to cover their daily needs since they have no cash on hand or doesn't have a source of income in real life. They have to use btcoin whatever the current bitcoin price is. |
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d@nte
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September 14, 2016, 05:12:25 AM |
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Nowadays, at least in some countries, it is not possible to live depending totally on bitcoin, because in these places we must also have paper money to use physical stores.
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Fraxinus
Legendary
Offline
Activity: 1274
Merit: 1000
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September 14, 2016, 05:14:36 AM |
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It's not instead but in addition to,right now you need other currencies in your life otherwise you won't be able to pay wherever you go cause not in all places BTC is accepted really.I hope this changes and one day we'll be able to use just BTC
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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September 14, 2016, 05:22:26 AM |
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It's not instead but in addition to,right now you need other currencies in your life otherwise you won't be able to pay wherever you go cause not in all places BTC is accepted really.I hope this changes and one day we'll be able to use just BTC
I still think that it is way too far from now. Yes let us use that other currencies to our own profits. It is better than doig nothing and just waiting. We know bitcoin will increase in some time. But the priority for now is making a great amount for that future. |
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ObscureBean
Legendary
Offline
Activity: 1148
Merit: 1000
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September 14, 2016, 06:33:46 AM |
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At the time bitcoin is already a better alternative to send and receive money from anywhere in the planet, but to use physical stores, we still depend on paper money.
Agreed. The ability to send any amount of money to anywhere in the world without any restriction is what really makes Bitcoin awesome. For daily usage, it is a lot simpler to just use cash. Paying with paper money is faster and doesn't require you to have a phone/electronic device. Plus it is more anonymous too. |
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