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Author Topic: Why should people use Bitcoin?  (Read 122103 times)
daringdiscovered
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June 15, 2016, 03:22:42 AM
 #501

my worst mistake was not trusting bitcoin at the beginning of the creation

Me too, i already know bitcoin 2013 which at that time its value is very low. I just started trusting bitcoin november last year when i started to earn my own money. That time its value was 200-250$ and now almost 700$ and still increasing. I thought if i just trusted it at 2013 maybe i can pay whole my tuition fees and provide all the expenses while i am studying now.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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June 15, 2016, 03:37:37 AM
 #502

my worst mistake was not trusting bitcoin at the beginning of the creation

Me too, i already know bitcoin 2013 which at that time its value is very low. I just started trusting bitcoin november last year when i started to earn my own money. That time its value was 200-250$ and now almost 700$ and still increasing. I thought if i just trusted it at 2013 maybe i can pay whole my tuition fees and provide all the expenses while i am studying now.

No one knows what will be the output in the future so I see no mistake if you don't take the chance to start your bitcoin journey last 2013. The important thing here, you already here again. And besides if you start at November, there are dipping points happen many times to up to around $370 so still you can purchase cheap price back then.
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June 15, 2016, 03:38:59 AM
 #503

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


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


Low fee, fast transaction, not have many requirements, and you can get it for free. It's can make people is want to use bitcoin because the usefulness of bitcoin.

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June 15, 2016, 03:47:12 AM
 #504

Bitcoin increase transaction mobility that give transaction benefit more faster.
Bitcoin also can be complement as investment just like gold or diamond because bitcoin's value is high.
As we know bitcoin provide many benefit like transfer money with lowest fee compare we are using fiat.
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June 15, 2016, 05:02:02 AM
 #505

Why should people use Bitcoin.. Well honetly, they should use Bitcoin because it is the trend.  People demands for fast and secure transaction, same thing Bitcoin offers., Others don't want to reveal their identity and so that what Bitcoin offers too.  Others want their currency as investment (simply holding them gives profit) and that what Bitcoin do.  Others wants to be unique or ahead of others in terms of technology and that what Bitcoin gives you against those who don't use it.  Others wants transparency on transaction (full list of transaction or ledger) and that's what bitcoin shows you.  and alot more.  So why should people not use Bitcoin? I think they should because of all the benefits one Bitcoin user have.

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June 15, 2016, 06:02:29 AM
 #506

Bitcoin increase transaction mobility that give transaction benefit more faster.
Bitcoin also can be complement as investment just like gold or diamond because bitcoin's value is high.
As we know bitcoin provide many benefit like transfer money with lowest fee compare we are using fiat.

Transferring money is the best thing bitcoin provided me. I dont feel the hassle of going to a queue anymore and waiting for my turn to send my money. I just provided my relative an account where they will withdrew what I send and VOILA! they have money in an instant.
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June 15, 2016, 07:01:54 AM
 #507

I think to earn more money? because there is a high possibility that you can earn a lot of money depending on how you use or spend your money. And also i think to make their life easier ( a little bit) because they can pay their bills using bitcoin like electronic bill and internet bills and many more.
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June 15, 2016, 07:06:27 AM
 #508

my worst mistake was not trusting bitcoin at the beginning of the creation

Me too, i already know bitcoin 2013 which at that time its value is very low. I just started trusting bitcoin november last year when i started to earn my own money. That time its value was 200-250$ and now almost 700$ and still increasing. I thought if i just trusted it at 2013 maybe i can pay whole my tuition fees and provide all the expenses while i am studying now.
Bitcoin will be the future payment method and that is really nice because you can also see that Bitcoin is becoming more popular and that is perfect for the currency.
But it will be really hard to know what will actually happen with Bitcoin and that is the most risky thing.
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June 15, 2016, 07:27:16 AM
 #509

Because Bitcoin success story has only just begun  Wink
Bitcoin is to banking what the Internet was to telephony. The most exciting thing about it is not anything that we have seen yet, but what it can become in the future.In the 1990s, we saw the same story play out with telephony and the Internet. The telephone network saw relatively few innovations because it was a closed network with the telephone company setting the rules of communication. Then, the Internet came online as an open, peer-to-peer network, enabling thousands of new apps and innovations we would have never dreamed of even a decade ago – the rest is history!
it is not really nessecery to use bitcoins off course it is your own dissicion and i dont think people would change anything by using the coins because they can also use gold.
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June 15, 2016, 08:44:21 AM
 #510

It's secure. It's transparent. It's decentralized. Ridiculously low fees (at one time a company transferred $80++ million from one address to another). It's anonymous (we don't need documents to own a bitcoin address).

For more information, see https://bitcoin.org/en/
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June 15, 2016, 08:45:05 AM
 #511

low fee for international transaction.
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June 15, 2016, 09:08:55 AM
 #512

there are so many reason why should people use Bitcoin,..
and one of that reason is very convenient,how?
example: if you want to send money to your family or friends you can send thru different banks who accept bitcoins
or remittances,2nd they can also use it for billings of payment, shopping online,  etc,.. Wink
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June 15, 2016, 09:57:13 AM
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Many reasons dude.First is becaude of its features specially on transactions and convertion.It has the one of the fastest transactions on world and highest convertion rate on crypto currency world
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June 15, 2016, 09:58:55 AM
 #514

I use bitcoin, because bitcoin has many benefits, one benefit is that I can earn money from bitcoin Smiley
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June 15, 2016, 03:42:40 PM
 #515

my worst mistake was not trusting bitcoin at the beginning of the creation

Me too, i already know bitcoin 2013 which at that time its value is very low. I just started trusting bitcoin november last year when i started to earn my own money. That time its value was 200-250$ and now almost 700$ and still increasing. I thought if i just trusted it at 2013 maybe i can pay whole my tuition fees and provide all the expenses while i am studying now.
Bitcoin will be the future payment method and that is really nice because you can also see that Bitcoin is becoming more popular and that is perfect for the currency.
But it will be really hard to know what will actually happen with Bitcoin and that is the most risky thing.

If more people will use bitcoin as "money" then yes it will become the main payment option for some big merchants out there. Today it's more on investment since the price is increasing so accepting it of some big online merchants is really not clear.
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June 15, 2016, 03:53:31 PM
 #516

It's secure. It's transparent. It's decentralized. Ridiculously low fees (at one time a company transferred $80++ million from one address to another). It's anonymous (we don't need documents to own a bitcoin address).

For more information, see https://bitcoin.org/en/
Well I think so many advantages bitcoin that you have not mentioned, so there is no excuse for not using it. other than that, pretty easy to make an income from bitcoin, this is very good for the unemployed or people who have quite a lot of free time, because with bitcoin, you can make a lot of money. bitcoin has a very fast transactions, and a very good business, and therefore people should use bitcoin
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June 15, 2016, 03:59:22 PM
 #517

my worst mistake was not trusting bitcoin at the beginning of the creation

Me too, i already know bitcoin 2013 which at that time its value is very low. I just started trusting bitcoin november last year when i started to earn my own money. That time its value was 200-250$ and now almost 700$ and still increasing. I thought if i just trusted it at 2013 maybe i can pay whole my tuition fees and provide all the expenses while i am studying now.
Bitcoin will be the future payment method and that is really nice because you can also see that Bitcoin is becoming more popular and that is perfect for the currency.
But it will be really hard to know what will actually happen with Bitcoin and that is the most risky thing.

If more people will use bitcoin as "money" then yes it will become the main payment option for some big merchants out there. Today it's more on investment since the price is increasing so accepting it of some big online merchants is really not clear.

The problem is people are not using it as a currency they are treating it as an investment, if we want to see higher price of bitcoin in future then bitcoin should be circulated.
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June 15, 2016, 04:11:47 PM
 #518

Answer is very simple: ''Because Bitcoin is the future''.
Bitcoin is fasts, secure, anonymous, not related to the bank, virtual etc
Bitcoin have so many advantages over regular money that is inevitably that very soon Bitcoin will become the most popular currency in the world.
When this happen, price of Bitcoin will jump a lot, so it's also very good investment to buy BTC now.
Also, in the future Bitcoin payment will become very popular and many merchants will accept Bitcoin.
So, more than enough reasons to use Bitcoin.

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June 15, 2016, 04:24:31 PM
 #519

Bitcoin will be the best currency in future and it will also be the best payment method replacing all other payment system and it can be the best investment for future.
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June 15, 2016, 05:08:03 PM
 #520

Bitcoin will be the best currency in future and it will also be the best payment method replacing all other payment system and it can be the best investment for future.
I totally agree with you, bitcoin is the future. i hope i can accumulate enough and put in cold storage and sell when price will be crazy high like $10k+ lol.
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