Techie5879
Member
 Offline
Activity: 168
Merit: 11
Back from the Dead!
|
 |
November 05, 2016, 11:42:11 AM |
|
Well, Bitcoins, there are lot of things which can only be bought online which require a medium such as net banking and credit/debit cards and Bitcoins. Since I have none of the former two, I prefer bitcoins. Also, Bitcoin is secure, non-stealable, non hackable and also easy to earn as there are many on ways to earn bitcoins, one of which is signature campaigns which I will join in the near future.
So, I prefer bitcoins to cash.
|
|
|
|
|
|
Boss CJ
|
|
November 05, 2016, 03:37:30 PM |
|
For me they are same since we can use both of them to shop, trade, send money etc. It is just that cash is more convenient. But, bitcoin has more advantage when it comes to its value. Cash is base on its face value while bitcoin is base on the value of the market.
|
|
|
|
|
richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
|
|
November 05, 2016, 04:00:10 PM |
|
For me they are same since we can use both of them to shop, trade, send money etc. It is just that cash is more convenient. But, bitcoin has more advantage when it comes to its value. Cash is base on its face value while bitcoin is base on the value of the market.
Cash has the only advantage that it doesn't need an internet connection to be handed over back and forth. This is the only aspect where Bitcoin can't beat cash. Cash value being based on something doesn't mean anything since it's only losing value because many billions of it are being pumped into the economy each year. The value of Bitcoin is decided by all its users. If people think Bitcoin is not worth the value that it has right now, then people will dump their coins till they think it's enough. Same goes up for when the price is on the lower side. |
|
|
|
|
SamMurphy
Member
Offline
Activity: 107
Merit: 10
Bitcoin unionhead who's neglecting fiat :)
|
|
November 05, 2016, 04:07:13 PM |
|
Better solution for me is to have both of them, cash and bitcoin. Cash because the currency is kinda stable, bitcoin because you can grow your money without doing anything. But of course it depends on how you wanna use them the moment you need them.
|
|
|
|
|
|
requester
|
|
November 05, 2016, 04:28:08 PM |
|
I prefer to receive my payment in bitcoin because it's price keeps fluctuating and I will have opportunity to make extra without any extra work because if i get my payment in bitcoin rate of $600 then after 6 months it's price will definitely rise by $100 and so $100 per bitcoin is my profit.
|
|
|
|
|
|
Hugroll
|
|
November 05, 2016, 07:27:58 PM |
|
So, do you prefer a currency that is more stable, like cash State why you prefer your option.  It highly depends on the current price of btc. If i feel like the price is at its peak and is not going to go any higher I would go with cash over bitcoin. But if the price is really low and i know its not going to stay there for long, then i would pick bitcoin over cash anyday. |
|
|
|
|
|
arransiv
|
|
November 06, 2016, 04:13:22 AM |
|
So, do you prefer a currency that is more stable, like cash State why you prefer your option. It highly depends on the current price of btc. If i feel like the price is at its peak and is not going to go any higher I would go with cash over bitcoin. But if the price is really low and i know its not going to stay there for long, then i would pick bitcoin over cash anyday. It's all about how much you earn/spend. If you spend all your salary and don't save nothing, bitcoin isn't a good option, well maybe it can be because you don't have where to spend easily... |
|
|
|
|
|
ashiqdey
|
|
November 06, 2016, 04:35:37 AM |
|
I want my money in bitcoin because there is more chances of earning with bitcoin then with real outdated paper currency. We guys rae modern nad so we love to deal with modern and trending technology so bitcoin is my choice. Just by holding i have opportunity to earn another $100 for free that's bitcoin.
|
|
|
|
|
|
requester
|
|
November 06, 2016, 04:43:14 AM |
|
Yes I prefer only bitcoin transaction because i will the exact amount that i am supposed to get but with bank transfer they would cut a transaction fees but in bitcoin transaction fees is too low secondly if i get money through bank account then government will impose tax but if it is stored in bitcoin wallet then those will be hidden from government.
|
|
|
|
|
Cakalasia
Member
Offline
Activity: 162
Merit: 10
|
|
November 07, 2016, 03:12:09 PM |
|
Yes I prefer only bitcoin transaction because i will the exact amount that i am supposed to get but with bank transfer they would cut a transaction fees but in bitcoin transaction fees is too low secondly if i get money through bank account then government will impose tax but if it is stored in bitcoin wallet then those will be hidden from government.
That is right. The bitcoin price will rise in the long term while the value of cash will be eaten by inflation. |
|
|
|
|
|
n0ne
|
|
November 07, 2016, 04:23:56 PM |
|
If the user needs to be in a technically advanced manner along with good earning possibilities then need to have all the money in terms of bitcoin. In my view the price attracts common man who is not able to use the computer. For this reason cash is always in need. So in a ratio of 6:4 or 4:6 upon the user preference towards bitcoin and cash can go for a good decision.
|
|
|
|
|
rajasumi2
|
|
November 07, 2016, 04:52:52 PM |
|
I WOULD PREPARE BITCOINS OVER DOLLARS FOR THE FOLLOWING REASONS -I CAN SELL IT WHEN THE PRICE IS AT ITS PEAK -ITS A DIGITAL CRYPTOCURRENCY AND IT HAS LOT OF POTENTIAL KUDOOS |
|
|
|
|
Doamader
|
|
November 07, 2016, 05:43:00 PM |
|
If i could pay my bills with bitcoin the same way i do with my fiat i wouldnt choose, because the money i do earn is 90% for pay bills at the moment i cant afford to risk get any ammount lower with the volatilaty of bitcoin. But in normal days i would choose bitcoin, as i can exchange it anytime into fiat.
|
|
|
|
|
|
cryptworld
|
|
November 07, 2016, 08:23:14 PM |
|
When time comes that i can go in any store and pay with bitcoin I won't have any cash, but now cash all the way. By the way, looking at this thread most people that posted are opting for cash but poll results say otherwise. Just a little interesting fact to point out |
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
November 07, 2016, 08:42:14 PM |
|
When time comes that i can go in any store and pay with bitcoin I won't have any cash
You say that with full confidence, but what if you indeed do your shopping at your local mall with Bitcoin as currency. It means that you have to include like $0.15-$0.25 in fees with every transaction that you make. The fees will likely only increase further as pools will more and more depend on income through transaction fees in the coming years. Take in mind that paying with cash is free. Now you know this, will Bitcoin as currency for your local shopping still be an interesting option for you? By the way, looking at this thread most people that posted are opting for cash but poll results say otherwise. Just a little interesting fact to point out It's because people here are troll voting. Good reason to avoid looking at polls as they don't have any value. |
|
|
|
|
|
PancherBitCoin
|
|
November 07, 2016, 08:50:40 PM |
|
If you rely on forecasts, in the near future, or so to say in a few years, when the maximum is reached bitcoin for production, then the price differences several times. It would therefore be very useful to keep a certain amount of their savings into Bitcoin, so you get a good reward.
|
|
|
|
|
|
Tyrantt
|
|
November 07, 2016, 10:54:27 PM |
|
If you rely on forecasts, in the near future, or so to say in a few years, when the maximum is reached bitcoin for production, then the price differences several times. It would therefore be very useful to keep a certain amount of their savings into Bitcoin, so you get a good reward.
Yes, and that can take years to be like super profitable and who knows what can happen in the meantime, I wouldn't be investing everything into btc, but buying one btc now and trying to get more by some other means would be great. |
Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
|
|
|
|
madwica
|
|
November 08, 2016, 01:11:14 AM |
|
If you rely on forecasts, in the near future, or so to say in a few years, when the maximum is reached bitcoin for production, then the price differences several times. It would therefore be very useful to keep a certain amount of their savings into Bitcoin, so you get a good reward.
Yes, and that can take years to be like super profitable and who knows what can happen in the meantime, I wouldn't be investing everything into btc, but buying one btc now and trying to get more by some other means would be great. That is what comes my mind too, I won't put full of my assets with bitcoin and it is better to be safe if you are going to make it all balance. Balance with cash and as well as bitcoin. So probably it also depends if all my needs can be purchased with bitcoins then I want to fully adopt bitcoins but it seems it doesn't so still with cash. Me too, i only put my money that i can afford to lose we always want to be safe our money and we are looking for profit that is why we engage in investing bitcoin, but i prefer to have cash for my daily needs since bitcoin can not spend anywhere yet in my area. |
|
|
|
|
|
Selly Arumsari
|
|
November 08, 2016, 05:02:38 AM |
|
The price of bitcoin is regularly fluctuating, so you might get $100 worth of bitcoins now, $50 or $200 worth of bitcoins tomorrow, who knows? So, do you prefer a currency that is more stable, like cash (USD, EUR...), or do you treat bitcoins as a currency, for investment to let it grow? State why you prefer your option. My choice is bitcoin as like you , bitcoin rapidly changing prices.. suitable for investments with money always comes down to price |
|
|
|
|
Wandering Soul~
Sr. Member
Offline
Activity: 406
Merit: 250
Wolf
|
|
November 08, 2016, 11:59:47 AM |
|
There should be a choice "both" cause as of now bitcoin is not widely known and used that is why the number of merchants accepting bitcoin is limited. If I put all my assets in bitcoins how can I pay my daily needs?
So it is advisable to keep bitcoin as an investment and to use it for some online shopping/payment. And also keep fiats to supply your daily needs.
|
|
|
|
|
Poll
