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adibe
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June 09, 2016, 04:30:58 PM |
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I have bitcoin instead of cash because i'm a gambler and i love gambling on bitcoin, it's easy to use and in the other hand, i can't use my cash for gambling in my country.
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xht
Sr. Member
 Offline
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
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June 09, 2016, 11:43:32 PM |
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Bitcoin is really hard to spend right now so i think that cash is better for people who using bitcoin as currnecy, for people who using bitocins as investment bitcoins is better.
But with bitcoins the more you hold you money you are give a good earnings that you can consider as interest, while in cash it will not grow and will be subject for inflation. In terms of spending, cash is really good as you can spend it anywhere you want as it is government regulated currency but when it comes to online transaction nothing can beat bitcoin. When it come to online transaction there is still the US dollars. I still see some websites or online shops that wants your money changed to USD first before concluded the transaction. They dont want to accept any other currency. Yes still no matter how high the price per one bitcoin will still use the dollar as a basic reference tool exchange can not be denied because dollar is the world economy reference. |
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Hatuferu
Legendary
Offline
Activity: 1092
Merit: 1000
https://trueflip.io/
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June 10, 2016, 02:00:41 AM |
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Bitcoin is really hard to spend right now so i think that cash is better for people who using bitcoin as currnecy, for people who using bitocins as investment bitcoins is better.
But with bitcoins the more you hold you money you are give a good earnings that you can consider as interest, while in cash it will not grow and will be subject for inflation. In terms of spending, cash is really good as you can spend it anywhere you want as it is government regulated currency but when it comes to online transaction nothing can beat bitcoin. When it come to online transaction there is still the US dollars. I still see some websites or online shops that wants your money changed to USD first before concluded the transaction. They dont want to accept any other currency. Yes still no matter how high the price per one bitcoin will still use the dollar as a basic reference tool exchange can not be denied because dollar is the world economy reference. There is a big difference of bitcoins and dollars, they are both independent so you cannot take down the other in order for the other to excel. With cash we can buy things from small vendors who has not adopted with bitcoins so it is very convenient if you are just an average person and not computer savvy. With bitcoin you can only benefit it when you are a business minded person having some kind of regular online transactions and have interest in investing and trading. |
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Cybertron00
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June 10, 2016, 02:13:01 AM |
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Well for me its better to have bitcoin instead of cash because it's value goes up and down. So I sell my bitcoin when price is high then buy when the price is low so that my bitcoin get multiplied.  |
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apriyoni
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June 10, 2016, 07:24:28 AM |
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Well for me its better to have bitcoin instead of cash because it's value goes up and down. So I sell my bitcoin when price is high then buy when the price is low so that my bitcoin get multiplied. I tried to do the same, ie sell high and buy low. But in reality, it is very difficult. When I sell high, the price goes higher. |
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GermanFoobla
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June 10, 2016, 07:29:04 AM |
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Bitcoin is really hard to spend right now so i think that cash is better for people who using bitcoin as currnecy, for people who using bitocins as investment bitcoins is better.
But with bitcoins the more you hold you money you are give a good earnings that you can consider as interest, while in cash it will not grow and will be subject for inflation. In terms of spending, cash is really good as you can spend it anywhere you want as it is government regulated currency but when it comes to online transaction nothing can beat bitcoin. Bitcoin will be the future payment method soon and that is because you already can see now that it is becoming more popular so that is really nice. But of course it is hard to know what will happen with the currency in the future and that is the risky thing. |
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avikz
Legendary
Offline
Activity: 3122
Merit: 1507
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June 10, 2016, 05:32:57 PM |
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I would not suggest you to have only bitcoin and no cash because the real life applicability of bitcoin is very less and you should not buy eggs or groceries using bitcoin. You do you want to make the shopkeeper rich in no time??
Have cash in your hand to meet your day to day expenses. But invest heavily in bitcoin. At least 30% of your weekly earning should go to bitcoin. It will help you to make a lump sum amount while the risk factor would not effect you.
Stay invested. It is a long term investment and if you want to get profit within a month, then bitcoin is not your cup of tea.
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Mvaporis1961
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June 11, 2016, 12:27:54 AM |
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Because in bitcoin it easy to grow your cash? Example of buying bitcoin with your cash and then holding it for the incoming bitcoin halving on this month of july. In bitcoin you can grow your money in bitcoin by just holding it but in cash, can you grow your money by just holding it? :/  |
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apriyoni
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June 12, 2016, 08:10:01 AM |
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I used to hold/save the fiat cash for my retirement. But they devalue all the time. After I heard about bitcoin, I save some in bitcoin.
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rekinthis
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June 12, 2016, 08:25:49 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 agree with everything that you said, yes bitcoin have very large level of security, so other won't ever use your money actually, but yes it is sad that bitcoins aren't legal in some countries but i am sure that bitcoin will be legal everywhere soon, and another good reason to have bitcoins i because their price can rise really fast, like 50$ price rise in 3 days is awesome |
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pitham1
Legendary
Offline
Activity: 1232
Merit: 1000
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June 12, 2016, 11:27:26 AM |
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Because in bitcoin it easy to grow your cash? Example of buying bitcoin with your cash and then holding it for the incoming bitcoin halving on this month of july. In bitcoin you can grow your money in bitcoin by just holding it but in cash, can you grow your money by just holding it? :/ People who were holding bitcoins when it was valued at $1000+ won't agree with you. I agree that the price has risen in the last few months, but that doesn't mean that it will always rise. |
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DuckKeeper
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June 13, 2016, 09:13:38 AM |
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Bitcoin is being more and more accepted, driving the worth of your money higher. Would you rather keep your money at the same price, or keep it at the highly likely chance of it shooting up?
The only reason why someone would choose Bitcoin over cash is because of the fact that you can make money with it. I think that I would still go with cash instead of Bitcoin. |
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justspare
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June 13, 2016, 09:24:04 AM |
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Bitcoin is decentralised and anonymous so no one person controls it. Bitcoin is just overall better than fiat except for the fact that barely any stores accept it.  |
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elyas772
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June 13, 2016, 09:27:53 AM |
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Bitcoin is being more and more accepted, driving the worth of your money higher. Would you rather keep your money at the same price, or keep it at the highly likely chance of it shooting up?
The only reason why someone would choose Bitcoin over cash is because of the fact that you can make money with it. I think that I would still go with cash instead of Bitcoin. I think this is just the reason investment, if we want to benefit of course, we must keep in the form of bitcoin. but if it remains a fiat. we will not get any |
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| Whitepaper
Medium
Reddit
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Lokfar
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June 13, 2016, 03:05:58 PM |
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Bitcoin will be the future money and that is because the world is also getting more digital and that is perfect for the currency itself because it will be also more used.
But it is hard to know what is going to happen with Bitcoin itself and there are also still a lot of people that is using some cash.
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apriyoni
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June 14, 2016, 10:17:12 AM |
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Bitcoin will be the future money and that is because the world is also getting more digital and that is perfect for the currency itself because it will be also more used.
But it is hard to know what is going to happen with Bitcoin itself and there are also still a lot of people that is using some cash.
I just used the bitcoin to buy some thing to do the mining. It is a fast process. I enjoy using the bitcoin. |
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lienfaye
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June 14, 2016, 12:55:09 PM |
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Because bitcoin can be use anywhere in the world unlike cash if you're going to another country, you have to exchange it in order to use. and transferring bitcoins costs just a few pennies and you can send as much value as you want.
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ning_chang
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June 14, 2016, 01:59:55 PM |
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Bitcoin is better than cash, Bitcoin price is still rising right now so its better to have bitcoin instead of cash, After the bitcoin you can convert it to cash, you gain a profit from it so its easy
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Piltover
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June 14, 2016, 02:18:23 PM |
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People is using Bitcoin becasue they want to earn profit with the currency later in the future and that can be nice if they have the patience for it and sell it on the right moment when the value is quite high.
Some people are using Bitcoin because they want to use a new payment method and that is nice because you also can see now that it is also becoming more acceptable and that is really nice for the Bitcoin itself.
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torrentheaven
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June 14, 2016, 02:23:02 PM |
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Bitcoin is better than cash, Bitcoin price is still rising right now so its better to have bitcoin instead of cash, After the bitcoin you can convert it to cash, you gain a profit from it so its easy
That's true and if you save your money in bitcoin then it will not get affected by inflation rate, as price keeps on growing it will take best care of inflation in future too. |
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