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Trongersoll
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March 13, 2017, 10:22:12 PM |
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I think it's obvious that bitcoin is a technology of the future.and cash is not money that is used to pay in the future. everything will be all-digital right ?
i think it is the need of the time, as now the trend of the people is changing they are now giving more preference to online currency therefor they are giving importance to bitcoin as bitcoin is the number one currency of the world. I agree with your point to an extend that people give more preference to bitcoin over the fiat but still bitcoin is not the number one currency but soon bitcoin will be the number one and widely accepted currency which is possible only when people like me and you educate more and more people about the bitcoin and advantages of bitcoin over the fiat currency. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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agamasrori
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March 14, 2017, 12:03:09 AM |
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I think it's obvious that bitcoin is a technology of the future.and cash is not money that is used to pay in the future. everything will be all-digital right ?
i think it is the need of the time, as now the trend of the people is changing they are now giving more preference to online currency therefor they are giving importance to bitcoin as bitcoin is the number one currency of the world. You're right it takes time, but it will most likely occur. using bitcoin our lives will be easier and safer, Also we do not have to worry that someone would rob our house because we have a lot of money (bitcoin). |
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Text
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March 14, 2017, 12:09:49 AM |
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Bitcoin is the best currency in internet, it offers a lot of opportunity that fiat can not. BTC is a great investment online to make more money which is profit. Because of that coin, we can gamble anonymously and we can bet with the smallest amount into a piece of bitcoin what we called satoshi.
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suredoood
Member
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Activity: 66
Merit: 10
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March 14, 2017, 01:17:51 AM |
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I think that those are good points as to why you should have bitcoin as well as cash, but I think that we all fundamentally will need cash in our society for a long time. If not in your home currency then paper bitcoins.
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t2yax
Sr. Member
Offline
Activity: 462
Merit: 250
Arianee:Smart-link Connecting Owners,Assets,Brands
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March 14, 2017, 01:25:12 AM |
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For me, bitcoin is not that kind of money you will save on your pocket, instead of using cash, it is more convenient to have a bitcoin. We know what are the advantages and disadvantages of it, we should know what will be the best effect and the worst effect of effect. There's a lot of pro's and con's of bitcoin. Bitcoin value sometimes go low, and sometimes go high. We should expect some loss of money when bitcoin value becomes low. But instead of carrying a paper money on your pocket, you have that kind of virtual money on your mind to make your expenses to be paid by your own virtual money.
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RedX
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March 14, 2017, 01:35:19 AM |
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I think its because of our era now. If you noticed almost of out everyday lives is connected to internet. Like they say its very easy to make transactions on buying and selling goods. Bitcoin is the proof that we are going to paperless future.
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Capradina
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March 14, 2017, 02:13:07 AM |
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Bitcoin is having those advantages that cash money doesn't have like the transactions made online for the money transafers and billing payments, which I can compare to cash payment having very delayed transactions using mostly manual processing. Well those advantages made people to be more stronger to patronize btc as their mode of spending.
Explanation is very true, indeed most people use bitcoin because they understand that bitcoin tremendous advantage and also the bitcoin not just as a digital currency that speeds up transactions, but also gives us the advantage to save them when the price is low. There is no something which endeared to someone or if it does not give you an advantage, so it is used because it is bitcoin more profitable than others |
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SamsungBitcoin
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March 14, 2017, 03:25:14 AM |
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For me having a bitcoin instead of cash is good for investment because the value of bitcoin is sky rocketing to increase your investment can be double in a couple of months while in cash very slow to earn interest.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1146
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March 14, 2017, 03:28:25 AM |
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For me having a bitcoin instead of cash is good for investment because the value of bitcoin is sky rocketing to increase your investment can be double in a couple of months while in cash very slow to earn interest.
Cash is never good for investment as its value depreciate overtime, bitcoin does the opposite that is why we choose to convert our cash into bitcoin. However the trend is not guaranteed so it's still important to pay attention to the market when you are investing because bitcoin is still young and all possibilities could happen including the lose of its value when big crisis will hit it. |
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virasisog
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March 14, 2017, 02:26:52 PM |
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For me having a bitcoin instead of cash is good for investment because the value of bitcoin is sky rocketing to increase your investment can be double in a couple of months while in cash very slow to earn interest.
Bitcoins as another investment is good as cash ,instead of putting your extra cash in your pocket or wallet its better put some in bitcoins as the price increase . Yes as month pass by our money have a good profit interest and we can convert in real cash with profit but ,fiat to bitcoins into dollar or other currency makes us small profits. Although bitcoins volatility is so unpredictable but sure it us better to have it than cash. In short No tax ,instant profit. |
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Esphere.in
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March 14, 2017, 02:50:11 PM |
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Bitcoin is the best currency in internet, it offers a lot of opportunity that fiat can not. BTC is a great investment online to make more money which is profit. Because of that coin, we can gamble anonymously and we can bet with the smallest amount into a piece of bitcoin what we called satoshi.
Bitcoin is the first digital currency and so is the reason for the price and the hype behind it and with international financial sector not in the bright side and we have seen a huge economic meltdown in recent times and these situation give bitcoin some validity. |
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Salazarian
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March 14, 2017, 02:59:02 PM |
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Bitcoin is the best currency in internet, it offers a lot of opportunity that fiat can not. BTC is a great investment online to make more money which is profit. Because of that coin, we can gamble anonymously and we can bet with the smallest amount into a piece of bitcoin what we called satoshi.
to me i think because of the interest of the people, people are no taking interest in online currency and therefore bitcoin is their best choice to use it as online currency. |
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deppil
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March 14, 2017, 03:23:15 PM |
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Bitcoin is the best currency in internet, it offers a lot of opportunity that fiat can not. BTC is a great investment online to make more money which is profit. Because of that coin, we can gamble anonymously and we can bet with the smallest amount into a piece of bitcoin what we called satoshi.
because bitcoin is cryptocurrency and online currency should bitcoin digital form and not cash. bitcoin currency is a picture of the future currency so that's why bitcoin digital form |
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mastermold
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March 14, 2017, 05:39:16 PM |
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1. Get through Capital Control - There’s actually not few countries having capital control. i.e. there’s limitations of the amount of currency you move in or out the countries. Some people who want to move money out of the countries leverage bitcoin. They buy bitcoin, transfer it outside the countries and exchange back to currencies. That’s a grey area activities in many jurisdictions, as many countries still don’t regard Bitcoin as currency. If Bitcoin is officially regarded as currency then it’s likely illegal
2.Hide Wealth - Some wealthy people who would like to hide some part of their wealth from bank / security accounts. Swiss bank was a good choice to do it but not anymore. The common way is to put cash or valuable goods or commodities (like art piece, gold, diamond) but those take up spaces and you need to find safe space to store them. Bitcoin is one of the very good choice here as it’s digital. You can store your bitcoin even on a piece of paper! (physical wallet)
3.For people with no bank access - There’s still many people in the world that don’t have bank access, while internet access is more easy (what a fun world!). Bitcoin allow them to pay others easier than bank transfer and credit cards for transaction which isn’t face-to-face.
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Zisove28
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March 14, 2017, 08:38:58 PM |
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Bitcoin is the best currency in internet, it offers a lot of opportunity that fiat can not. BTC is a great investment online to make more money which is profit. Because of that coin, we can gamble anonymously and we can bet with the smallest amount into a piece of bitcoin what we called satoshi.
to me i think because of the interest of the people, people are no taking interest in online currency and therefore bitcoin is their best choice to use it as online currency. I agree with you - for the Internet bitcoin is the ideal currency. Another bitcoin is a good currency for trading and for investing. Fiat currency is worse than the cryptocurrency, but more stable |
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Bestwishes745
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March 14, 2017, 09:13:54 PM |
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Bitcoin is the best currency in internet, it offers a lot of opportunity that fiat can not. BTC is a great investment online to make more money which is profit. Because of that coin, we can gamble anonymously and we can bet with the smallest amount into a piece of bitcoin what we called satoshi.
That are only a few benefits of bitcoin the most important use of bitcoin is that it is providing opportunity to the students to earn some money and to spend their own money on their student life and on their education. The other benefit is that now people can transact their money to any portion of the world with faster speed and with lowest fees. |
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Gameroid
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March 14, 2017, 10:49:43 PM |
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Bitcoin is the best currency in internet, it offers a lot of opportunity that fiat can not. BTC is a great investment online to make more money which is profit. Because of that coin, we can gamble anonymously and we can bet with the smallest amount into a piece of bitcoin what we called satoshi.
That are only a few benefits of bitcoin the most important use of bitcoin is that it is providing opportunity to the students to earn some money and to spend their own money on their student life and on their education. The other benefit is that now people can transact their money to any portion of the world with faster speed and with lowest fees. i think bitcoin is more popular in modern countries and in modern countries governments are responsible for providing basic education their citizens. therefore i do nothing that students there need for money to complete their education. |
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Pattart
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March 14, 2017, 11:35:19 PM |
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I think that those are good points as to why you should have bitcoin as well as cash, but I think that we all fundamentally will need cash in our society for a long time. If not in your home currency then paper bitcoins.
for now we are still in need of cash for everyday purposes. but bitcoin created for the long-term future. where the cash will change to digital That's why bitcoin instead of cash |
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eestimees
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March 14, 2017, 11:59:01 PM |
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TX fees are becoming insane. I wonder how high are going to be the fees when we have the double of transactions everyday.
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eestimees
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DoublerHunter
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March 15, 2017, 12:06:45 AM |
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I think that those are good points as to why you should have bitcoin as well as cash, but I think that we all fundamentally will need cash in our society for a long time. If not in your home currency then paper bitcoins.
for now we are still in need of cash for everyday purposes. but bitcoin created for the long-term future. where the cash will change to digital That's why bitcoin instead of cash I don't think that physical coin or the cash that we have been using right now will be converted digital soon because it will become hard for some people because not all the people can afford internet or even cellphone or device that they can use. Bitcoin will not replace cash because it is just an addition to the payment options of the businesses and not a currency like fiat that can use everyday and also it doesn't have a fixed price. |
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