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Nemesis099
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March 08, 2016, 11:10:51 PM |
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Well I think this question is pretty easy to answer, because the bitcoin is secure and you cannot get robbed.
Also you can not lose it on the streets and its also that you can transfer it internationally.
Yeah, bitcoin is very safe and no one would be aware what amount of bitcoin you are holding in your wallet, and its never easy to steal or hack your bitcoins for sure. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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knowhow
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March 09, 2016, 01:13:59 AM |
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I dont remember my cash being able to be worth more 1% or 6% daily being the diference on those like 4 to 24 dollars,cash hasnt this option,it has a kind of walls that the central bank usually act to reverse the other currencie.With bitcoin you can sleep with 300 dollars and wake with 350 dollars soo its a big difference,that said usually and now more then ever price should go up.
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uname
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March 09, 2016, 01:57:59 AM |
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I choose both. Having bitcoins for pay and buy something online and also for gambling because i'm a gambler. and using cash for my daily life.
using cah for your daily life ? I can guess that you convert it to fiat first. then use it to buy.because bitcoin is still very rare to use the cash |
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rio3233
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March 09, 2016, 01:58:56 AM |
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Well I think this question is pretty easy to answer, because the bitcoin is secure and you cannot get robbed.
Also you can not lose it on the streets and its also that you can transfer it internationally.
Yeah, bitcoin is very safe and no one would be aware what amount of bitcoin you are holding in your wallet, and its never easy to steal or hack your bitcoins for sure. It's not 100% safe imo. Hacker can robbed your bitcoin in your wallet, but it's easy to prevent it. And yeah, I think bitcoin is more easier than cash. |
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techgeek
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March 09, 2016, 02:17:21 AM |
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I recently paid for some local tacos using Bitcoin. My friend who was unfamilar with Bitcoin thought it was strange, like I technically didn't pay for them or something. We got into discussing Bitcoin and one of the questions he asked me was:
"Why would you want Bitcoins instead of cash?". For a second I didn't know what to say; then I thought about it and here is what I came up with. Feel free to contribute to this.
1) More security (especially if you are careful).
2) Bitcoins are a potential investment, cash is not. Paper currency only really goes down in value, Bitcoins have a lot of potential to be worth more as time goes on.
3) Fast, worldwide transactions at your fingertips.
4) Similar to #3, but it's a universal currency. It's legal in most countries of the world and you don't need any kind of currency conversion to send money to people in a different country than your own.
i really like point #3 the best, i mean your first and second point are ok but dont always hold true. cash can be pretty safe, if you pay with debit or credit cards or something. But #3 can only continue to do this as long there is more miners in the network. And if we are relying china to hold this network, what if something there was no profit for them to mine anymore after all the bitcoins in circulation? |
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romero121
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March 09, 2016, 06:56:11 AM |
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Bitcoin has a price that varies continuously depending upon the market but cash won't grow or increase in a short time as Bitcoin does. I prefer Bitcoin as investment rather than cash but for physical use nothing is possible with Bitcoin.
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bitbunnny
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March 09, 2016, 08:24:32 AM |
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You can use Bitcoin even with more anonimity and security then cash, so if this are the important things for you Bitcoin is better choice.
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Hashminers
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March 09, 2016, 08:55:40 AM |
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Well both have plus points of course but what I really like abut the bitcoin itself is that is firstly secure.
Also the fact is that you cannot lose bitcoins easily with real cash this is the problem sometimes.
The last thing is that you cannot get robbed and lose it.
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pneumatic5
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March 09, 2016, 10:31:56 AM |
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Well both have plus points of course but what I really like abut the bitcoin itself is that is firstly secure.
Also the fact is that you cannot lose bitcoins easily with real cash this is the problem sometimes.
The last thing is that you cannot get robbed and lose it.
Yeah, I think bitcoin is very safe and secure as a currency, as all your wealth is stored in your digital wallet, which is not accessible to anyone, more possibilities in fiat to get stolen. |
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Kotone
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March 09, 2016, 10:37:48 AM |
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You can use Bitcoin even with more anonimity and security then cash, so if this are the important things for you Bitcoin is better choice.
Right, also if you convert your fiat into bitcoins your bitcoin will rise value if the price rises in the future. |
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fruitcommander
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March 09, 2016, 10:53:05 AM |
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You can use Bitcoin even with more anonimity and security then cash, so if this are the important things for you Bitcoin is better choice.
Right, also if you convert your fiat into bitcoins your bitcoin will rise value if the price rises in the future. Yeah, bitcoin is good as an investment, as the value keeps on fluctuating, so if the value goes higher, we can have expect some good returns from it and the value of cash remains the same over the years. |
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GermanFoobla
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March 09, 2016, 11:04:50 AM |
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bitcoin will be more popular later in the future and also more used and that is very good. The world is becoming more digital and that is very nice.
I hope that more people are also going to use Bitcoin and that it will be more popular and more worth that is also very important.
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Bradexterb
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March 09, 2016, 11:21:06 AM |
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Well bitcoin is more secure, because you cannot lose it on the streets or something.
Also the payments are faster and secured because there is nothing that can be disappear or something.
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WendBTC
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March 09, 2016, 03:58:41 PM |
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For now Bitcoin is more an investment method for me. Let's hope for the best, and on day we'll see Bitcoin as a mainstream payment method.
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sallymeeh27
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March 09, 2016, 04:35:36 PM |
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For what you say are really good points of bitcoins and this will gradually help others just like me understand the world of bitcoin and how important it is nowadays wherein others still do not know and realize it. This will also somehow the reason why we can share its good points..
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knowhow
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March 10, 2016, 02:03:38 PM |
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I listen a costumer i had in my shop saying that his credit card has been copy and someone took around 3btc in cash from his account,soo i believe holding cash into banks arent no longer the best place,this is something that banks cant anymore protect your money,with bitcoin you will need a lot work and lucky to guess all the passwords and codes to get acesss the accounts.
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n0ne
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March 10, 2016, 02:26:23 PM |
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I think bitcoin is much more safer then holding physical cash, and you can carry as much coins in your digital wallet and you don't have a fear of loosing or get robbed.
Yes the above quoted reason is a acceptable. In these days just holding bitcoins in wallets is much safer than having it as a physical cash. Bitcoin will have a increasing price which won't be experienced with the physical cash or local currency. |
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CryptoBjorn
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March 10, 2016, 05:42:37 PM |
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Bitcoin is much safer and now also very easy to store. You can be robbed with cash and that is not good.
Bitcoin wallets are also very good to use and that is also very important for Bitcoin. And it is also free so that is very good.
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Aleator
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March 10, 2016, 05:48:52 PM |
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Bitcoin is much safer and now also very easy to store. You can be robbed with cash and that is not good.
Remember, you won't know when your money got robbed too. if you safe that bitcoin on online wallet just be careful how stronger, biggest that web(your online wallet) they can lose that money, trust me. nothing safe on internet. |
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SebastianJu
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March 10, 2016, 09:06:34 PM |
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I listen a costumer i had in my shop saying that his credit card has been copy and someone took around 3btc in cash from his account,soo i believe holding cash into banks arent no longer the best place,this is something that banks cant anymore protect your money,with bitcoin you will need a lot work and lucky to guess all the passwords and codes to get acesss the accounts.
With that copied credit card there is no problem. The credit card company will refund him. If your bitcoins vanish no refund will happen at all. |
Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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