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Author Topic: So, why do we need to use Bitcoin?  (Read 21172 times)
chineseprancing
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November 26, 2016, 11:24:50 AM
 #461

Because bitcoin is the one biggest assert presently running in online world and to make more money while investing into bitcoin, bitcoin is used many other purposes also like trading, buying and selling at higher price. In some countries they have established exchanges to convert them into local currency.
if you are a worker and will require additional income or you're looking for a job and want to invest, it would be very suitable for you bitcoin, bitcoin will provide great benefits to you. you just need to learn about bitcoin
Agree that bitcoin is great other source of income for all of us we can get huge money here for additional money to spend for our expenses specially if you are very active in collecting bitcoin even you source of bitcoin is signature campaign only.
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November 26, 2016, 03:48:16 PM
 #462

To make money, invest in yourself, evolve and get better.
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November 26, 2016, 07:20:30 PM
 #463

To make money, invest in yourself, evolve and get better.

those last two arent clear to me that much Cheesy evolve as human/person or evolve the nature of money/paying?

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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November 27, 2016, 01:47:13 AM
 #464

We don't need to use bitcoin, but it is an innovation that give us some independence from government controlled currency and independence from banks. It is a step toward economic independence.

 
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November 27, 2016, 01:55:21 AM
 #465

We don't need to use bitcoin, but it is an innovation that give us some independence from government controlled currency and independence from banks. It is a step toward economic independence.
If we are looking for another alternative ways to do transaction and make it much easier and anonymously bitcoin is the best answer it has the function that so easy to deal with and it is also another form of investment for long term profits.
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November 27, 2016, 03:32:19 AM
 #466

To get away from the ever inflating fiat. But since we cannot spend bitcoin directly everywhere yet, it now serves as a good investment. It will have a high value in the future so having them now while the price is still at low is very profitable for us.
We can get away from fiat inflation with bitcoin but only partially since bitcoin price is still denominated against fiat money, so if governments keep printing fiat then the value of bitcoin in fiat will increase but since the fiat will buy less and less stuff as it inflates then our bitcoin will not buy more products and services.
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November 27, 2016, 04:12:23 AM
 #467

To get away from the ever inflating fiat. But since we cannot spend bitcoin directly everywhere yet, it now serves as a good investment. It will have a high value in the future so having them now while the price is still at low is very profitable for us.
We can get away from fiat inflation with bitcoin but only partially since bitcoin price is still denominated against fiat money, so if governments keep printing fiat then the value of bitcoin in fiat will increase but since the fiat will buy less and less stuff as it inflates then our bitcoin will not buy more products and services.
The value of bitcoin has not relation if the government will print more fiat or not, it is solely base on the supply and demand and the economy of a country could be one factor to let them decide to adopt to give value of their money.

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November 27, 2016, 05:15:13 AM
 #468

We must use bitcoin because it is the future digital currency of the world. Bitcoin has a greater value than fiat. A single bitcoin costs so big amount in fiat. Bitcoin is convenient to use in terms of sending and receiving transactions. It has smaller fees compared to fiat.
We don't need banks to store our bitcoins.
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November 27, 2016, 06:49:05 AM
 #469

We must use bitcoin because it is the future digital currency of the world. Bitcoin has a greater value than fiat. A single bitcoin costs so big amount in fiat. Bitcoin is convenient to use in terms of sending and receiving transactions. It has smaller fees compared to fiat.
We don't need banks to store our bitcoins.
It's not compulsory, no one forces us to  use bitcoin it's our decision because we saw some opportunity for the future to be profitable. Honestly, some are just using bitcoin for limited transaction online since the business who adopts are just limited for now.

Let's hope the future is a success for bitcoins as it's good to live a cashless world where our money never inflates.
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November 27, 2016, 07:49:10 AM
 #470

We don't need to use bitcoin, but it is an innovation that give us some independence from government controlled currency and independence from banks. It is a step toward economic independence.

Yes bitcoin is not a requirement that the government upholds through laws and bills. It is voluntary to use bitcoin or not. The question should be why do people love to use bitcoin. It is a clear fact that bitcoin usage can fast track financial transactions online. It saves time to pay and to purchase things without leaving our home.
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November 27, 2016, 05:20:32 PM
 #471

Because bitcoin is the one biggest assert presently running in online world and to make more money while investing into bitcoin, bitcoin is used many other purposes also like trading, buying and selling at higher price. In some countries they have established exchanges to convert them into local currency.
Bitcoin is in fact a great asset, but most people are not investors or speculators, I believe they will decide using Bitcoin based on different purposes, such as the ease of sending and receiving payments using Bitcoin, the fact of being decentralized is also a good reason for them to use it.
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November 27, 2016, 05:50:02 PM
 #472

Bitcoin have lot of advantages like less transaction fees and faster transaction compared to transaction across multi countries. Also it is much safer then banking system and hacker couldn't get into the system so easily.
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November 27, 2016, 07:16:36 PM
 #473

The answer I can think of now is that, we need to be able to buy goods and services from one another without restrictions whatsoever, which is not limited by border or nationality or location ( by nature human beings) in other to do this, we need a currency and thats simply the gap Bitcoin came to fill and if not Bitcoin, definitely another "thing" to be used as currency would evolved.
To me the most appropriate reason is that it is the need of the day, as we can see that in modern age people are giving importance to online services jobs and business, and we can see that all the other companies are also providing online services therefore to me it is important to start using bitcoin as it can fulfill all these requirements.

We need to use bitcoins because we need to make it regularly circulating plus we also need to use our bitcoins because it will show how indemand the bitcoin was. And im sure many will really use bitcoins because all of us needs money, and most of us are using bitcoins to pay our utility bills and for buying loads. We should keep bitcoins very useful so that more people will also aware with bitcoins.

Yes, this is true, by using bitcoin thru spending them to buy items either online or offline will establish bitcoin market.  This will have a great impact in the future. Though investors try to hoard bitcoin as much as possible to suppress the supply and raise the demand for the coin to be more expensive in the future, spending it will secure bitcoins future in the market.  
yes the trend of currency is now changing as in start bitcoin was only using for investment purpose but now the facility of using bitcoin as a currency is also available in most shopping stores .
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November 27, 2016, 07:21:53 PM
 #474

Actually, using bitcoins is not a necessity but rather a choice to be made by people looking into it. You don't really need to convert your cash into bitcoin as long as you are happy with using cash produced and mandated by the government. Also, it's fine as long as you are fine with the idea that the banks would continue to oppress you and you would allow them to steal the value of your money. It's perfectly fine to not use bitcoin because in the end it would be your decision that weighs and matters the most.

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November 27, 2016, 07:32:27 PM
 #475

i use bitcoin because it perfectly fits of all my needs but nowdays i am getting a little problem with these transacrion fees but atleast its far far lower, faster an better than a bank system. i can easily fulfill my dreams its what i called getting comfortable with my work insted of giving labour in your work
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November 27, 2016, 10:44:12 PM
 #476

i use bitcoin because it perfectly fits of all my needs but nowdays i am getting a little problem with these transacrion fees but atleast its far far lower, faster an better than a bank system. i can easily fulfill my dreams its what i called getting comfortable with my work insted of giving labour in your work

Perfection depends on what they need. If indeed perfect for you then I am sure that all of your needs and desires can be fulfilled properly if you are using bitcoin. So it depends on the situation and needs are at your disposal. so, bitcoin does have a system that is almost perfect and can give you all the people who use them will benefit and they will rejoice because it has huge advantages.
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November 27, 2016, 11:19:41 PM
 #477

yeah we need to use bitcoin because bitcoin is very famous and stronger currency and bitcoin is very secure currency and maximum people want to store their money in bitcoin because bitcoin is safe currency.
how can you call bitcoin is a safe haven currency while prices dangat beganti sooner or arguably fluctuate? What do you think if someone asked about this to you?
I think bitcoin not exactly safe because the risk is high
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November 27, 2016, 11:46:12 PM
 #478

yeah we need to use bitcoin because bitcoin is very famous and stronger currency and bitcoin is very secure currency and maximum people want to store their money in bitcoin because bitcoin is safe currency.
how can you call bitcoin is a safe haven currency while prices dangat beganti sooner or arguably fluctuate? What do you think if someone asked about this to you?
I think bitcoin not exactly safe because the risk is high
I don't get what you mean by the words I highlighted, you are suppose to check your post before hitting enter.

Anyway, it's real that bitcoin fluctuates and by putting your money in bitcoin it's already a risk, so no safe haven for me.

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November 27, 2016, 11:52:30 PM
 #479

Actually, using bitcoins is not a necessity but rather a choice to be made by people looking into it. You don't really need to convert your cash into bitcoin as long as you are happy with using cash produced and mandated by the government. Also, it's fine as long as you are fine with the idea that the banks would continue to oppress you and you would allow them to steal the value of your money. It's perfectly fine to not use bitcoin because in the end it would be your decision that weighs and matters the most.
But isn't using Bitcoin help increase its demand to go up? By using Bitcoin other people will se how it works or at least know what Bitcoin is. This is helpful for us people who are users of Bitcoin because we will see a price increase. The more people who use Bitcoin the higher the price it will be. We all know Bitcoin is limited it is only a matter of time before all of it will be mined.
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November 28, 2016, 12:00:56 AM
 #480

well it's an investment and much safe and secure

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