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Author Topic: Why should people use Bitcoin?  (Read 63785 times)
KennyR
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April 08, 2017, 02:39:41 AM
 #841

People should use bitcoin if they want hassle free transactions. Unlike fiat money, you need to have a bank account, credit card or money transfer companies in order to send money to someone else. While with bitcoin, you just need to make a wallet address.
As said a single wallet address is more than enough to make very big volume transactions which is not possible through banks. If a big volume transaction is made through banks then we has too pay more than half the volume of amount as tax. Upon the requirements people need to use rather than using on one's suggestion.

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April 08, 2017, 02:57:11 AM
 #842

Because Bitcoin fit for use in future investments, is not every year Bitcoin prices always go up.
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April 08, 2017, 02:58:15 AM
 #843

People need to have more R E S P E C T for money and therefore they need to eqiup on oneself and spend it only on good things for the envoirment in a intellectual and broader way than a consuming debtdriven system as it is today mkay

people would use money more wise if they had 2 handle it like a cryptocoin.....sure, some people still need help and services....but the money and definition by know, has gone the wrong way

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April 08, 2017, 03:32:50 AM
 #844

- Transactions are fast
- User anonymity
- No chargeback frauds which is pretty common for the credit/debit card users
- The currency is decentralized, so you don't have to worry about getting monitored by any government or private agency
- Low transaction fees

And much more. I could go on forever but other members have already described so much, thought would take a stop here  Smiley

Transactions are fast, yes i agree but the problem is on the confirmation because it can took a time to wait until our transaction become confirmed. The most power of bitcoin is the fee itself and how easy to use bitcoin as an online currency.

Indeed this is now the main issue in the transaction confirmation is bitcoin. Where if we aren't exactly sending or making transactions, the confirmation is done by bitcoin takes a long time. But that all is not a problem if it's in the transaction beneficiary does not need or wait for confirmation. It's only a small problem, because if you give a high transaction costs then it can confirm in no time. So, it is better you focus on what you're working on in the bitcoin. Because it's much more profitable
 

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Sled
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April 08, 2017, 03:41:22 AM
 #845

- Transactions are fast
- User anonymity
- No chargeback frauds which is pretty common for the credit/debit card users
- The currency is decentralized, so you don't have to worry about getting monitored by any government or private agency
- Low transaction fees

And much more. I could go on forever but other members have already described so much, thought would take a stop here  Smiley

Transactions are fast, yes i agree but the problem is on the confirmation because it can took a time to wait until our transaction become confirmed. The most power of bitcoin is the fee itself and how easy to use bitcoin as an online currency.

Indeed this is now the main issue in the transaction confirmation is bitcoin. Where if we aren't exactly sending or making transactions, the confirmation is done by bitcoin takes a long time. But that all is not a problem if it's in the transaction beneficiary does not need or wait for confirmation. It's only a small problem, because if you give a high transaction costs then it can confirm in no time. So, it is better you focus on what you're working on in the bitcoin. Because it's much more profitable
 
How can you say the it is just a small problem. Did you know that if the time of confirmation will be longer then it will make other users of bitcoin uncomfortable in doing transaction because they might think that it will not be fully sent so they will find another coin that has a great network and faster confirmation time rather than bitcoin. If this 'small' problem is not fixed soon then it will be a threat for sure for the investors or users of bitcoin.

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April 08, 2017, 03:50:31 AM
 #846

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


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


In my opinion the phrase the future of money directly indicating that  what the bitcoin will be in future .
No doubt that​ Currently the bitcoin have many advantage over any other type of currency but here we should keep in mind that the future of the bitcoin will be More better then what in the current time .
Here currently the main reason to use bitcoin is it simplicity of earning money .
Because earlier I was wandering in my field for earning but this field proves the best for me to make earning .
Due this this earning reason I am using the bitcoin more .
Because in small transactions I can do everything with my bank mobile banking Service but I can make earning only with bitcoin in better way .


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asuryan180
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April 08, 2017, 04:51:18 AM
 #847

I think that they at least have to be open to the possibility of trying BTC,they don't have to use it but they have to make their choice.That's not the case right now as many people either don't know exactly what BTC is or have been given information which is not exactly correct and they haven't even considered using BTC.As to why they should use it,the biggest advantage of BTC is the flexibility it gives you-you can transfer any cash anywhere in a relatively short period of time without going trough third party

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April 08, 2017, 05:58:42 AM
 #848

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


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


In my opinion the phrase the future of money directly indicating that  what the bitcoin will be in future .
No doubt that​ Currently the bitcoin have many advantage over any other type of currency but here we should keep in mind that the future of the bitcoin will be More better then what in the current time .
Here currently the main reason to use bitcoin is it simplicity of earning money .
Because earlier I was wandering in my field for earning but this field proves the best for me to make earning .
Due this this earning reason I am using the bitcoin more .
Because in small transactions I can do everything with my bank mobile banking Service but I can make earning only with bitcoin in better way .

Agree Bitcoin is the future of money because it continually earns value.

People should use it because as the months and years go on, it'll be obvious that it continually simply earns more value.

Bitcoin has solved the money problem for all our lives, as it is a savings account THAT ACTUALLY WORKS TO SAVE!

It does a better job than stocks, than gold, than real estate, than bonds.

There will never be another Altcoin that can beat Bitcoin because the full combination of all these in one; that it remains scarce/limited in supply, remains decentralized via small blocks/PoW, & immutable, & has been established for many years. EVEN IF an altcoin comes out thats more limited, with smaller blocks for more decentralization, same characteristics, it'll never beat Bitcoin because the world would not trust the individual or organization of the fairness of that altcoin's "premine" and has no established track record. Satoshi died in 2014 along with his private keys.
The great thing is, even the paid shills who spread bad agenda outside and inside this forum will recognize this, and will understand that even for their own financial survival, its best they sell their fiat and buy and hold bitcoin.

Bitcoin will continue to be the best store of value on the planet.
Because bitcoin has emerged as the undisputed king of store of value asset, there is no better way in the world to beat rising costs of rent, education, traveling, healtchare, etc.

Fiat (currencies) meanwhile have been relative trash buying less and less goods and services as years go on.
As long as Bitcoin remains scarce/limited in supply, remains decentralized via small blocks/PoW, & immutable, Bitcoin will continue to be the best store of value on the planet.

If anyone reads this and wants to understand the dynamics of why this is, please read this post titled: "Hacks & puppets & forks - how to destroy bitcoin" https://bitcointalk.org/index.php?topic=1834310.0
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April 08, 2017, 06:50:36 AM
 #849

Bitcoin is now a days only useful for huge transaction because for less amount it will take relatively higher fees. So i think bitcoin is not everybody's cup of tea now only rich could afford to use it with transaction of about minimum $10


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April 08, 2017, 07:02:46 AM
 #850

Because bitcoin is so hassle free it is just a bank that is your money is growing and that bank or online wallets is just free when you create and you can monitor your money send and receive and even the withdrawal is instant and the fee is so low. Bitcoin became more useful nowadays in the society so people should use bitcoin because it is useful and make life easier.




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April 08, 2017, 10:10:27 AM
 #851

I would say to get instantly rich if you buy it at the right time and you exit at the right time. Plus you don't even need to pay any taxes on it, so need to create off shore companies to save your taxes. The transactions are highly secured and most importantly your privacy is secured. No one will ever know who traded with who and this is the best feature ever of Bitcoin. It is limited in quantity so it's bound to rise and rise only.

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Daniel91
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April 08, 2017, 11:05:27 AM
 #852

I would say to get instantly rich if you buy it at the right time and you exit at the right time. Plus you don't even need to pay any taxes on it, so need to create off shore companies to save your taxes. The transactions are highly secured and most importantly your privacy is secured. No one will ever know who traded with who and this is the best feature ever of Bitcoin. It is limited in quantity so it's bound to rise and rise only.

You can't become instantly rich with anything, unless you rob a bank or get a lottery.
It's very long process to recognize some business opportunity, join, invest and wait for the right time to cash out.
Yes, there is no taxes with bitcoin but you can't buy house or car with bitcoin.
So, what you can do?
You will have to exchange btc funds to your local currency and, at that moment, you have no choice but to pay your taxes.

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April 08, 2017, 11:48:03 AM
 #853

I would say to get instantly rich if you buy it at the right time and you exit at the right time. Plus you don't even need to pay any taxes on it, so need to create off shore companies to save your taxes. The transactions are highly secured and most importantly your privacy is secured. No one will ever know who traded with who and this is the best feature ever of Bitcoin. It is limited in quantity so it's bound to rise and rise only.

You can't become instantly rich with anything, unless you rob a bank or get a lottery.
It's very long process to recognize some business opportunity, join, invest and wait for the right time to cash out.
Yes, there is no taxes with bitcoin but you can't buy house or car with bitcoin.
So, what you can do?
You will have to exchange btc funds to your local currency and, at that moment, you have no choice but to pay your taxes.
I think has a lot of people who became rich because bitcoin. to create a solid plan, and also financial support, bitcoin will really give full support to make a lot of money, but it's what you do without hesitation. although it is difficult, but to be rich, you do not need to win a lottery, but you just have to keep trying, because the business never betray results will be obtained. many advantages in using bitcoin, so I think people should start using bitcoin.

cramcram21
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April 08, 2017, 11:50:24 AM
 #854

For my opinion people should use it because it is easy to use and easy to earn,
And also they can send it to all over the world they just need to have an internet.

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April 08, 2017, 01:46:35 PM
 #855

Because Bitcoin fit for use in future investments, is not every year Bitcoin prices always go up.

Don't look at the investment side alone, the op asked why it should be used as in your daily life, and I think it should be used because it doesn't need too much verification to get a transaction processed, it can be used worldwide and you have access to your funds 24/7 etc. These are I think good reasons you can recommend to a yet to know Bitcoiner to get them convinced to use it in their daily lives.

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April 08, 2017, 02:21:26 PM
 #856

For my opinion people should use it because it is easy to use and easy to earn,
And also they can send it to all over the world they just need to have an internet.
Precisely, I could say that people should use bitcoin because it is easy to use and it is convinient to us especially we are now on the modern world. Everyone can access internet and we know that we can use bitcoin transaction through internet.
Bitcoin can be use in any transaction, any time and any where. Indeed, bitcoin is now legalize in few contries such as USA, China and Japan, they used bitcoin for their transaction and mode of payment.

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April 08, 2017, 03:00:49 PM
 #857

I think because bitcoin is a potential future coin, people need to know it and use it as a paper money. The most important thing is that it is very convenient, can be used all over the world just use computer with internet connection. Its popularity has grown stronger, many countries have applied it to payment methods, Bitcoin is also a good investment for those looking for safety and return on investment. Bitcoin can be used as money to gamble, this is great for people living in countries where gambling is prohibited

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April 08, 2017, 03:33:20 PM
 #858

People should and must use bitcoins  for them to feel what is the feeling when you earn money online by yourself and how you can be socialize person since you will find more friends in the bitcoin community like this forum you will meet new friends.

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April 08, 2017, 04:29:44 PM
 #859

If i explain about bitcoin's quality, than a lot of qualities are here in bitcoin. But for me, the best of bitcoin is earning wise, I never see and hear about online good work except bitcoin. We could earn from it easily, if we have skills.

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April 08, 2017, 05:01:15 PM
 #860

Bitcoin will be the bridge for everyone to cross over to the next financial/economic system when the current system finally collapses.

Like it or not, it will be the only currency (and gold) that matters if you want to protect your wealth.

Do not love the world or anything in the world. If anyone loves the world, love for the Father is not in them. For everything in the world—the lust of the flesh, the lust of the eyes, and the pride of life—comes not from the Father but from the world. - 1 John 2:15-16



Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven, where moths and vermin do not destroy, and where thieves do not break in and steal. For where your treasure is, there your heart will be also. - Matthew 6:19-21



Ethereum (smart contract) will be the blood vessels of future economy, and Bitcoin (digital gold) will be the blood cells. (28th May, 2017)



There is only one force in this world that can make a worthless + obscure digital token (bitcoin) to become a currency that is global, famous and pricier than gold with institutions, banks, exchanges, mega corporations and governments adopting it, and that force is the force of the rothschilds.
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