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Author Topic: Why have Bitcoin instead of cash?  (Read 246114 times)
TheGodFather
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November 27, 2016, 07:54:35 AM
 #1661

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
yes thats one of the reason why i prefer bitcoins than cash. bitcoins was on a developing stage until now its not yet been fully popular but the users/us are growing that's why the price of bitcoin is so huge than other currency and also it is the easiest to send and received money and to get started on a business or if you want to have a good investments go on bitcoin. because time will come that bitcoin will hit atleast 15k usd per bitcoin. Cheesy
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November 27, 2016, 08:00:30 AM
 #1662



hacking the account but as far as I know it would be difficult to do that, unlike cash, easily stolen by the people around you. Using Bitcoin can make you feel safe and easy transaction between you and your receiver.

it's easy if the victim were not care about their security such as keylogging and when you got the access into their email. you're finally be able to steal.
though if you're talking about cash can be easily stolen by people so does with hardware wallet. the different is if the hardware wallet require some verification to open the wallet. if you don't have backup privkey then conclude it was lost

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TheGodFather
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November 27, 2016, 10:49:57 AM
 #1663

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
you're right but dont invest it all on bitcoin you know the graph of bitcoin is not yet stable and its goes up and down better to take it a half the half invest it in bitcoins and the other half you could invest it on a business or you could save it up on gambling sites bank roll . i recently heard that investing it their gave you more stable profit everymonth but its still up toyou .


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November 27, 2016, 03:49:45 PM
 #1664

Cash is easy to steal weather from your pocket or your bank account but bitcoin on the other hand has no potential way of being stolen,has more value easy to use and wallets don't charge you anything when sending or receiving bitcoin unlike the regular bank accounts that force you to pay a portion of your hard earned money

I agree with this thing, but one thing is bitcoin  can be stolen by those greedy people and very oriented on stealing using internet . Any thing can be easily stealable through Internet.


Everything  can be stolen if not protected properly, whether it is fiat or bitcoin. I think the advantage of bitcoin in this aspect is that it can be stored offline, on a hardware wallet o lr cold wallet and no one can steal it anymore.
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November 27, 2016, 04:08:17 PM
 #1665

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
Bitcoin obviously brings a lot of benefits to its users and Investment is only a branch of the Bitcoin advantages. People can use bitcoin anonymously without being traced and paying tax to the Government. Bitcoin has one more advantages is that people can send bitcoin with the speed of life. After only one second, you can find your bitcoin from the sender in your wallet. There are also many hidden advantages, too much to be counted here so i suggest you should read the bitcoin wiki in order to find more information.
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November 27, 2016, 05:53:31 PM
 #1666

I can do anything with my bitcoin anytime, besides that i do trust a lot into bitcoin, and i do know it has a huge potencial to be explored and achieved, there are several new projects borning around bitcoin, like augur, zcash,openbazar, this is something i do believe does put bitcoin at a higger level then others altcoins, the huge support of community. Cash atleast for me doesnt give me such pleasure to have, since it has almost no fluctuation and there is a big control over it, if i could sell all i would turn the cash into bitcoins and only exchange the money i could need, but since i do work i would let it as savings.
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November 27, 2016, 07:36:35 PM
 #1667

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
I would not say that this will make us rich, but I believe that, although it's not something easy to do, it's possible to make big profits from it.

In order for that to happen, the investor has to strive to understand the cryptocurrency space, to make good market projections, trying to identify the possibilities with an acceptable risk-reward ratio.
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November 27, 2016, 07:55:52 PM
 #1668

There are many advantages on having bitcoin rather than keeping your money in cash. First off, you get your money having interest over time. Secondly, you can buy things from the other side of the world without having to pay extra for just the single item you need. Also, you are sure that no one is keeping track of every spending you make, and you yourself only handles your money and no other intermediaries are included. That's what most people don't realize right now.
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November 28, 2016, 03:00:43 AM
 #1669

There are many advantages on having bitcoin rather than keeping your money in cash. First off, you get your money having interest over time. Secondly, you can buy things from the other side of the world without having to pay extra for just the single item you need. Also, you are sure that no one is keeping track of every spending you make, and you yourself only handles your money and no other intermediaries are included. That's what most people don't realize right now.
Yes I agree, no one control our money except our self. Something happen in yunani make the government push to controls inhabitants money. Bitcoin give us better control than fiat.


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arseaboy
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November 28, 2016, 08:29:47 AM
 #1670

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
I would not say that this will make us rich, but I believe that, although it's not something easy to do, it's possible to make big profits from it.

In order for that to happen, the investor has to strive to understand the cryptocurrency space, to make good market projections, trying to identify the possibilities with an acceptable risk-reward ratio.

Quite true mate.. we need to work if we really want to make rich using our bitcoins and that wolill take a lot o work and time to spent as well to do it. So that's why it is also important that you'rexnot only relying in bitcoin but also having another job or any means of getting extra income.

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November 28, 2016, 10:38:32 AM
 #1671

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
I would not say that this will make us rich, but I believe that, although it's not something easy to do, it's possible to make big profits from it.

In order for that to happen, the investor has to strive to understand the cryptocurrency space, to make good market projections, trying to identify the possibilities with an acceptable risk-reward ratio.

Quite true mate.. we need to work if we really want to make rich using our bitcoins and that wolill take a lot o work and time to spent as well to do it. So that's why it is also important that you'rexnot only relying in bitcoin but also having another job or any means of getting extra income.

Well that right. Bitcoin i think is better for investments as prices go up pretty often than when you invest on cash. But for now, cash is more important in the real world as that is what we use for daily consumption. And third comment would be correct as well for me as for investing to have better results we need to have a pretty decent capital. So aside from being well educated in bitcoin, i think its also important that you have another more secured source of income

 
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November 28, 2016, 11:40:07 AM
 #1672

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
I would not say that this will make us rich, but I believe that, although it's not something easy to do, it's possible to make big profits from it.

In order for that to happen, the investor has to strive to understand the cryptocurrency space, to make good market projections, trying to identify the possibilities with an acceptable risk-reward ratio.

Quite true mate.. we need to work if we really want to make rich using our bitcoins and that wolill take a lot o work and time to spent as well to do it. So that's why it is also important that you'rexnot only relying in bitcoin but also having another job or any means of getting extra income.
Huge potential of bitcoin, yes I believe so if you put big investment in bitcoin like BTC10-20. Wait until 5-10 years and you could get so much benefit of it such as start your own business or make investment somewhere, if we believe in bitcoin why not.
But what we waiting for is the time when we could spend easily and faster our bitcoin everywhere we go, at that time the price should be much higher than now.
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November 28, 2016, 12:09:18 PM
 #1673

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
I would not say that this will make us rich, but I believe that, although it's not something easy to do, it's possible to make big profits from it.

In order for that to happen, the investor has to strive to understand the cryptocurrency space, to make good market projections, trying to identify the possibilities with an acceptable risk-reward ratio.

Quite true mate.. we need to work if we really want to make rich using our bitcoins and that wolill take a lot o work and time to spent as well to do it. So that's why it is also important that you'rexnot only relying in bitcoin but also having another job or any means of getting extra income.
Huge potential of bitcoin, yes I believe so if you put big investment in bitcoin like BTC10-20. Wait until 5-10 years and you could get so much benefit of it such as start your own business or make investment somewhere, if we believe in bitcoin why not.
But what we waiting for is the time when we could spend easily and faster our bitcoin everywhere we go, at that time the price should be much higher than now.
Make sure you can afford that amount you invested, that's a big amount for me and if I am in your place I would not put that all in bitcoin. I would rather have my own business where I can use my skills and knowledge to manage it, believe it's better to invest in your self than in any other.

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November 28, 2016, 12:12:44 PM
 #1674

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 prefer having btc in my wallet done cash because Its increasing in value unexpectedly more chances of that my savings will soon be greater in value and it is easier now to transact and pay bills too.

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November 28, 2016, 01:14:00 PM
 #1675

For now i see the advamtages of bitcoin investment than cash we need to take it to earn lots of money because bitcoin value is very strong it can helps.us to get rich if we put big investment in bitcoin.
I would not say that this will make us rich, but I believe that, although it's not something easy to do, it's possible to make big profits from it.

In order for that to happen, the investor has to strive to understand the cryptocurrency space, to make good market projections, trying to identify the possibilities with an acceptable risk-reward ratio.

Quite true mate.. we need to work if we really want to make rich using our bitcoins and that wolill take a lot o work and time to spent as well to do it. So that's why it is also important that you'rexnot only relying in bitcoin but also having another job or any means of getting extra income.
Huge potential of bitcoin, yes I believe so if you put big investment in bitcoin like BTC10-20. Wait until 5-10 years and you could get so much benefit of it such as start your own business or make investment somewhere, if we believe in bitcoin why not.
But what we waiting for is the time when we could spend easily and faster our bitcoin everywhere we go, at that time the price should be much higher than now.

Many have done that and they are now feeling the profit. I think some of them bought at the $300-350 dollar per bitcoin so it really doubled now and more. But it is not late even for us we just need to trust that it can do better than the price now.

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November 28, 2016, 02:18:09 PM
 #1676

great .its very good to hear that u have got u have pay local tacos with bitcoins .it would be  like dream come true if in india that we have to pay through bitcoins .but that not not gonnna happen in the next 50 years .but u can recharge ur phone through bitcoins through the zebpay .kudoos Smiley

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December 06, 2016, 05:31:24 AM
 #1677

great .its very good to hear that u have got u have pay local tacos with bitcoins .it would be  like dream come true if in india that we have to pay through bitcoins .but that not not gonnna happen in the next 50 years .but u can recharge ur phone through bitcoins through the zebpay .kudoos Smiley

Yeah, it is a easy way to recharge the iPhone with bitcoin, also paying the bills from bitcoin, But these all are short works and bitcoin is more useful for us, For example, i prefer bitcoin instead of cash, because bitcoin is investment and it is a new way on online to make money. Also i can use bitcoin in amount transfer easily with safely into an other account.     
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December 06, 2016, 06:17:11 AM
 #1678

great .its very good to hear that u have got u have pay local tacos with bitcoins .it would be  like dream come true if in india that we have to pay through bitcoins .but that not not gonnna happen in the next 50 years .but u can recharge ur phone through bitcoins through the zebpay .kudoos Smiley

Yeah, it is a easy way to recharge the iPhone with bitcoin, also paying the bills from bitcoin, But these all are short works and bitcoin is more useful for us, For example, i prefer bitcoin instead of cash, because bitcoin is investment and it is a new way on online to make money. Also i can use bitcoin in amount transfer easily with safely into an other account.     
You still need cash for your daily life and impossible to live without it . Everyday you need cash I bet it , so you must considering cash as your primary needs in first place . You can using bitcoin as your investment and side-income .

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December 06, 2016, 06:40:26 AM
 #1679

great .its very good to hear that u have got u have pay local tacos with bitcoins .it would be  like dream come true if in india that we have to pay through bitcoins .but that not not gonnna happen in the next 50 years .but u can recharge ur phone through bitcoins through the zebpay .kudoos Smiley

Yeah, it is a easy way to recharge the iPhone with bitcoin, also paying the bills from bitcoin, But these all are short works and bitcoin is more useful for us, For example, i prefer bitcoin instead of cash, because bitcoin is investment and it is a new way on online to make money. Also i can use bitcoin in amount transfer easily with safely into an other account.     
You still need cash for your daily life and impossible to live without it . Everyday you need cash I bet it , so you must considering cash as your primary needs in first place . You can using bitcoin as your investment and side-income .
Only fool would say that he can live without cash, it is needed for us to survive in this world. Bitcoin is still new and there is no assurance that it will last longer than what cash has achieve. The fact that it is not backed by the government, there's a big chance that it will be ban and suddenly lose in the circulation. Let us just enjoy what bitcoin has offered to us now but still use cash for our daily operations.

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December 06, 2016, 06:50:32 AM
 #1680

great .its very good to hear that u have got u have pay local tacos with bitcoins .it would be  like dream come true if in india that we have to pay through bitcoins .but that not not gonnna happen in the next 50 years .but u can recharge ur phone through bitcoins through the zebpay .kudoos Smiley

Yeah, it is a easy way to recharge the iPhone with bitcoin, also paying the bills from bitcoin, But these all are short works and bitcoin is more useful for us, For example, i prefer bitcoin instead of cash, because bitcoin is investment and it is a new way on online to make money. Also i can use bitcoin in amount transfer easily with safely into an other account.     
You still need cash for your daily life and impossible to live without it . Everyday you need cash I bet it , so you must considering cash as your primary needs in first place . You can using bitcoin as your investment and side-income .
Only fool would say that he can live without cash, it is needed for us to survive in this world. Bitcoin is still new and there is no assurance that it will last longer than what cash has achieve. The fact that it is not backed by the government, there's a big chance that it will be ban and suddenly lose in the circulation. Let us just enjoy what bitcoin has offered to us now but still use cash for our daily operations.
What's about living using credit card or debit card instead of carrying cash on your bags. that's ain't idiot isn't it?. The fact that living without cash nowadays is not just a dream if you're living in a modern city that each merchant having EDC in their stores to accept those kind of cards

Living with only counting on bitcoin is indeed impossible for now but we're talking about living without cash right? so here the answer

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