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Author Topic: Why should people use Bitcoin?  (Read 63783 times)
Natalim
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March 29, 2017, 06:24:17 AM
 #801

Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
Basically the low fees can be increase as the transaction is getting bigger and we want it fast, but that is still relatively low compared to other fiat payment system. People who are constantly doing online transaction should learn about bitcoin, I'm pretty sure they will be benefited more when using bitcoin as they can save transaction fees expenses. Also, bitcoin might open a door for them to learn how to invest since there are plenty of investing opportunity in crypto world.




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March 29, 2017, 06:28:23 AM
 #802

People should use this to have financial freedom,to generate profit from a real capital unlike other businesses

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March 29, 2017, 07:00:00 AM
 #803

Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
low fee? if you use a low fee I'm sure your transaction will be confirmed the next day. it happened to me when using blockchain wallet
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March 29, 2017, 07:32:17 AM
 #804

low fee? if you use a low fee I'm sure your transaction will be confirmed the next day. it happened to me when using blockchain wallet
Fortunately, we can send and transfer bitcoins without a transaction fee using our local wallet and we receive it with no any confirming issues.
BTC is the best way to use in online transactions that's why they are more prefer on using this than the other methods.

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March 29, 2017, 11:47:14 AM
 #805

Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.
low fee? if you use a low fee I'm sure your transaction will be confirmed the next day. it happened to me when using blockchain wallet

Yes same here even I have experienced that same when I sent my bitcoins from multibit wallet to localbitcoins wallet as multibit has default fees which cannot be modified so it took almost 24 hours for transaction to get confirmed and that issue should be resolved at the earliest.


 
 
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Ashong Salonga
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March 29, 2017, 12:43:49 PM
 #806

because it has

lower fees

faster for me at least online, on some website no need to enter credentials for example cvv and stuff like that

more secure, again on some website they can not steal your wallet when you spend bitcoin, but they can steal your credit card credentials and drain all your funds

huge discount with some service(purse.io)
You have a point because bitcoin is very convinient to us especially for now because we were in modern technology. Yet, bitcoin has low fees and can be used in online store and online transaction. And bitcoin is not controlled by goverment so you don't need to afraid to loss your money.

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March 29, 2017, 12:47:07 PM
 #807

because it has

lower fees

faster for me at least online, on some website no need to enter credentials for example cvv and stuff like that

more secure, again on some website they can not steal your wallet when you spend bitcoin, but they can steal your credit card credentials and drain all your funds

huge discount with some service(purse.io)
You have a point because bitcoin is very convinient to us especially for now because we were in modern technology. Yet, bitcoin has low fees and can be used in online store and online transaction. And bitcoin is not controlled by goverment so you don't need to afraid to loss your money.

Low fees is a major drawback in bitcoin transactions as it takes so long for confirmation of transaction but its good if you have to transfer money overseas as it involves less fees in compare to what banks and other payment methods charges from their customers.


 
 
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Celsiuss
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March 29, 2017, 12:47:46 PM
 #808

I think we need Bitcoin to be more usable in our daily life. There are Bitcoin credit cards, but you're not actually paying with bitcoin. More people should use bitcoin so it can be widely accepted almost everywhere. Bitcoin is fast, cheap to transfer and once sent (and confirmed) it cannot be reversed.

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March 29, 2017, 01:10:03 PM
 #809

It is very easy and it is simple in every transaction. Bitcoin has low interest in online transaction and it is not like other currency.
Yeah the bitcoin transaction is genuine while many other is full with scam.

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March 29, 2017, 01:17:23 PM
 #810

It is very easy and it is simple in every transaction. Bitcoin has low interest in online transaction and it is not like other currency.
Yeah the bitcoin transaction is genuine while many other is full with scam.

Suggesting that people should use Bitcoin because it isn't a scam is pretty naive to even think about. The price of Bitcoin could crash within a day after this post and even Blockchain.info and other websites that feature Blockchains could get offline at the same time. Bitcoin is nice to have, spending payments without relying on another entity is good too. Bitcoin could crash while not being able to spend it so we have to remain careful.


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March 29, 2017, 01:24:36 PM
 #811

It is very easy and it is simple in every transaction. Bitcoin has low interest in online transaction and it is not like other currency.
Yeah the bitcoin transaction is genuine while many other is full with scam.

Suggesting that people should use Bitcoin because it isn't a scam is pretty naive to even think about. The price of Bitcoin could crash within a day after this post and even Blockchain.info and other websites that feature Blockchains could get offline at the same time. Bitcoin is nice to have, spending payments without relying on another entity is good too. Bitcoin could crash while not being able to spend it so we have to remain careful.

right, some people thinks that bitcoin is a scam without even trying, though people whose in need of extra income or have time to do extra job will find bitcoin as really profitable and beneficial, I really find it helpful for I can earn only while posting and if learn to do more stuffs that bitcoin offers.

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March 29, 2017, 01:31:59 PM
 #812

Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.

Right now bitcoin is no longer that easy and has low fees. With the current problems on the bitcoin chain transactions are no longer that easy since transactions will take longer than ever to confirm. The next thing is that the fees are increasing almost every two months and right now the charges are very high and even reaches 2$. But even after these current situation I will never leave bitcoin.

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March 29, 2017, 02:31:42 PM
 #813

Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.

Right now bitcoin is no longer that easy and has low fees. With the current problems on the bitcoin chain transactions are no longer that easy since transactions will take longer than ever to confirm. The next thing is that the fees are increasing almost every two months and right now the charges are very high and even reaches 2$. But even after these current situation I will never leave bitcoin.

Yeah we should not bother about higher fees as bitcoin is providing us many other benefits which is not possible with fiat currency so even if fees reaches to the moon I will still prefer to use bitcoins as its giving me extra source of income.


 
 
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Victorycoin
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April 01, 2017, 10:20:55 PM
 #814

Bitcoin is no doubt going through some tough times now, but be that as it may, it already made its impact at revolutionizing money. It is a pioneer and nothing takes that away from it. The future of money simply rests on the foundation Bitcoin has laid and one of the non-negotiable features is that, it is our money after all and we decide where, when and what to spend it on.

Creepings
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April 01, 2017, 11:47:25 PM
 #815

Its simple because its easy and transparent, it also charges low fees which makes it more convenient to use.

Yeah, I can still remember the transaction of bitcoin to be so fast and so cheap, I can transact a few bitcoin for some cents and just like that, even without checking the transactions, the confirmations are really fast. These also is the reason I use bitcoin amd still use it nowadays. Even if these problems are known even in past, still I continued to use it because I trust the people who understand the core that will find a solution about these matters.

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April 03, 2017, 10:49:37 PM
 #816

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?


Bitcoin for me is the best online payment it doesn't need any documentation requirements or etc. And its very fast and easy to use in online shopping, together if you like to transfer money to your love ones its very convenient, and very secured and the charge for every transaction that you wanna made is very low, so what else you could ask for.

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April 04, 2017, 12:25:25 AM
 #817

Most people DONT need bitcoin if they are in first world countries. censorship resistance and the ability to avoid hyper inflated currencies and given the freedom of money is important to many around the world.

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April 04, 2017, 12:31:39 AM
 #818

Most people DONT need bitcoin if they are in first world countries. censorship resistance and the ability to avoid hyper inflated currencies and given the freedom of money is important to many around the world.

but there were still lots of people who were in need for money,if they want to earn extra ,bitcoin can really be a good source of income as well its features that is profitable and productive , 1st world countries might be using also bitcoin for their business too.




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April 04, 2017, 07:44:02 AM
 #819

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



People should use bitcoin because bitcoin is a good way to oppose the government's intervention in people's daily lives.

By using bitcoin, you are staying anonymous.

You are also staying safe as a seller because you know that the currency you are getting isn't reversible, and that means instead of having to being worried about chargebacks on paypal, you know you're in the safe area with bitcoin.

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April 04, 2017, 08:32:31 AM
 #820

Bitcoin is the future of money, or so they say.


I would like to hear your opinions on Why should people use Bitcoin?



People should use bitcoin because bitcoin is a good way to oppose the government's intervention in people's daily lives.

By using bitcoin, you are staying anonymous.

You are also staying safe as a seller because you know that the currency you are getting isn't reversible, and that means instead of having to being worried about chargebacks on paypal, you know you're in the safe area with bitcoin.
Being anonymous is one of the best thing that bitcoin can give to you because you don't have to worry about being traced of any people in the internet when you do transactions. And bitcoin is also safe because it doesn't do chargebacks unlike paypal but the only concern for me is the fees that is rising up while the paypal have stable fees.

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