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Author Topic: So, why do we need to use Bitcoin?  (Read 21172 times)
kanazawa
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November 28, 2016, 12:06:17 AM
 #481

Because (at least me) I'm tired to "use" government fiat money. EVerything's under gov't control and mistakes made by corrupt people splashes in good people and this non-responsible behavior by people inside the stablishment is what corrodes the country and the currency (consequently the PPP and that's the main stuff that ruins your life). With BTC lotta stuffs are unaffected by local government and good people are not victims of this mentioned "corrosion" made by the government. So Bitcoin is the money of Good people --- even usd by wrong things, fiat is used too.


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November 28, 2016, 01:04:13 AM
 #482

As much as I want to use it on a daily basis, there's just not enough usage for it and not enough physical stores ready to accept it. I am able to use bitcoin for my mobile phone's load and pay some bills online but what I want to happen is for me to shop at groceries, malls and pay my transportation fares with bitcoin. It might take a while for that to materialize but I am hoping that it doesn't come too late.
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November 28, 2016, 04:18:22 AM
 #483

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
Bitcoin as a safe haven currency is a term in trading and it simply means that bitcoin provides a worthwhile alternative investment, when the fiats and its inflationary nature begins to drive people noughts. That you can see by people pulling out their money from fiat investments or savings and turning them to bitcoin as savings or investments. A good sign of that is the increasing number of people now using bitcoin.
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November 28, 2016, 05:23:51 AM
 #484

As much as I want to use it on a daily basis, there's just not enough usage for it and not enough physical stores ready to accept it. I am able to use bitcoin for my mobile phone's load and pay some bills online but what I want to happen is for me to shop at groceries, malls and pay my transportation fares with bitcoin. It might take a while for that to materialize but I am hoping that it doesn't come too late.
but in mos of areas bitcoin cannot be use for shopping everything. there are very little opportunities of using bitcoin in such areas, i think in these areas we need to introduce bitcoin among the people so that they may start using it and then they can be able to get opportunity to use bitcoin  evenr int their local shops.
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November 28, 2016, 05:26:11 AM
 #485

well i use bitcoins for the following
-so that i can meet my monthly expenses to some extend
-so that i can earn my favourite stuff with bitcoins .
-well its kinda fun and its likely my hobby to earn bitcoins .
-its a very famous currency and i think when many people are doing it .it has to be reliable to some extend .
kudoos Smiley

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November 28, 2016, 05:39:56 AM
 #486

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 think the one you quoted is referring to the security of the coin.  The bitcoin you hold cannot be freeze by any  government because you alone have access to it.  Aside from that carrying bitcoin around is easy because you can save it in just a single piece of paper, or usb, or in your mobile phone.

About the fluctuation, this is the reason why bitcoin got the interest of investors.  Fluctuation that enable them to earn more.  Risk is always present in every investment so I think there is no difference if you invest in bitcoin or any other investment out there, with the use of bitcoin or real money

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.

dangat beganti = greatly changed

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November 28, 2016, 05:50:55 AM
 #487

So, why do we need to use Bitcoin???




Actually for me, it only depends to the users if they need to use bitcoin. But in my case, i need to use bitcoin because it gives me many benefits, we need to use bitcoin because they created it for our generation, it is more convenient to use and offers the freedom for the users, it is fast, secure and global, bitcoin was designed with our privacy in mind, and also bitcoin provides an extra financial money to the people who joined here.
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November 28, 2016, 07:02:16 AM
 #488

So, why do we need to use Bitcoin???
Actually for me, it only depends to the users if they need to use bitcoin. But in my case, i need to use bitcoin because it gives me many benefits, we need to use bitcoin because they created it for our generation, it is more convenient to use and offers the freedom for the users, it is fast, secure and global, bitcoin was designed with our privacy in mind, and also bitcoin provides an extra financial money to the people who joined here.
What I like is the freedom to use bitcoin, the income is just a bonus for me as in real life I still have a job. With bitcoin, I can gamble all I want, and that benefits me a lot as I love to be entertain regularly.
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November 28, 2016, 07:29:59 AM
 #489

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 think the one you quoted is referring to the security of the coin.  The bitcoin you hold cannot be freeze by any  government because you alone have access to it.  Aside from that carrying bitcoin around is easy because you can save it in just a single piece of paper, or usb, or in your mobile phone.

About the fluctuation, this is the reason why bitcoin got the interest of investors.  Fluctuation that enable them to earn more.  Risk is always present in every investment so I think there is no difference if you invest in bitcoin or any other investment out there, with the use of bitcoin or real money

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.

dangat beganti = greatly changed


if you're talking about security. the wallet itself really vulnerable to cyber criminals and once the information about yourself leaked such as a private email it'll really threatening your security. The only way is to enable double authentication to improve your security.

The bitcoin cannot be freeze by the government but can be seized like what just happened in Australia when they're auctioning the bitcoin they've seized from someone means it's possible

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November 28, 2016, 11:06:04 AM
 #490

So, why do we need to use Bitcoin???





If you know what bitcoin is all about, I think no need to ask that question anymore. But if you don't know it for real, well it is very convenient to use when it comes to money transfer, even if you are in online shopping who accepted bitcoin payment, Then you can save money better than a bank.
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November 28, 2016, 11:12:08 AM
 #491

So, why do we need to use Bitcoin???




Since there are many reasons to use Bitcoin but the main reason to use Bitcoin is its beauty of worldwide payment system .
Through Bitcoin we can make payment in whole world with useless amount of transaction charge , Do a better way to make world-wide deals .
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November 28, 2016, 12:35:53 PM
 #492

So, why do we need to use Bitcoin???




Since there are many reasons to use Bitcoin but the main reason to use Bitcoin is its beauty of worldwide payment system .
Through Bitcoin we can make payment in whole world with useless amount of transaction charge , Do a better way to make world-wide deals .
Use less fee? honestly as my experience right now we are paying a large fee for every transaction unlike before.
And the transaction is not so fast and the transaction speed is always depends in your fee if you want fastest or high priority to send your bitcoin to other address you need to pay a fee above default fee just to increase the speed of the transaction..
For me we are using bitcoin because the good benefits that we are getting right now and we can earn few bitcoins doing some task online.
The other reason we are using bitcoin because we can use to buy some stuffs online that accepting bitcoin as payment and the other thing bitcoin is anonymous and we can use it in any anonymous transaction and you can gamble without tracking transaction.

Make crypto as your bank.
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November 28, 2016, 01:00:08 PM
 #493

So, why do we need to use Bitcoin???
Actually for me, it only depends to the users if they need to use bitcoin. But in my case, i need to use bitcoin because it gives me many benefits, we need to use bitcoin because they created it for our generation, it is more convenient to use and offers the freedom for the users, it is fast, secure and global, bitcoin was designed with our privacy in mind, and also bitcoin provides an extra financial money to the people who joined here.
What I like is the freedom to use bitcoin, the income is just a bonus for me as in real life I still have a job. With bitcoin, I can gamble all I want, and that benefits me a lot as I love to be entertain regularly.
Yes your right Smiley. Because there are some activities that you cant have your freedom. In bitcoin, the most important and i want here is where bitcoin gives us freedom for our self. We have the right to speak in many ways, we have the power to act what we want and think what we should think without any hesitations or restraint.
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November 28, 2016, 02:43:50 PM
 #494

So, why do we need to use Bitcoin???




Since there are many reasons to use Bitcoin but the main reason to use Bitcoin is its beauty of worldwide payment system .
Through Bitcoin we can make payment in whole world with useless amount of transaction charge , Do a better way to make world-wide deals .

I think you mean small fees which are now bloating in amount and many of us dont like what is happening. We know it is miners fee which is normal but I hope to see some improvements when it comes to speeding up the process.

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November 28, 2016, 02:48:02 PM
 #495

I think we've got to use Bitcoin because it's a revolutionary, kind of anonymous currency that is safe and very easy to use. You're basically your own bank, you can do whatever you wish with your Bitcoins and it's pretty rare to be looked up by someone except if you're a suspected criminal or something like that.

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November 28, 2016, 04:32:48 PM
 #496

So, why do we need to use Bitcoin???




for my transaction , my knowlegde about bitcoin and most important is to get more profit

 
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Mastsetad
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November 28, 2016, 04:44:38 PM
 #497

It has a lot of uses, now it depends on an individual if how they want to use or why they want to use. I personally use it because i can earn it, i really don't have any problems with fiat i'm using but i actually convert my bitcoins to fiat when i need money, so it really depends on a person if why they want to use it, some use it as an investment, some use it for the anonymity and some as a currency.
JasonXG
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November 28, 2016, 05:17:15 PM
 #498

So, why do we need to use Bitcoin???





It is easier to use then traditional banks. It is easier to get a hood of you dont have to go to w bank and open an account fill out forms then still habe to register and verify PayPal or whatever form of payment you want to use. Bitcoin eliminates that.

With bitcoin it is all direct and the blockchain miners and wallet users all contribute to the entire network so you dont habe to pay outrageous bs is and paypayl fees. With a bank you habe to pay to get your own money but not sure with bitcoin. There so many advantages you could write a thesis on it. xD
OrangeII
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November 28, 2016, 05:43:09 PM
 #499

It has a lot of uses, now it depends on an individual if how they want to use or why they want to use. I personally use it because i can earn it, i really don't have any problems with fiat i'm using but i actually convert my bitcoins to fiat when i need money, so it really depends on a person if why they want to use it, some use it as an investment, some use it for the anonymity and some as a currency.
you are right. it all depends on each person who uses it. I use bitcoin as bticoin has helped me in terms of finances, just like you. Well, maybe there are some people who need bitcoin for gambling or trading. each person has their own reasons, but I think they are the same purpose in using bitcoin, namely, to make a lot of money


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dawnpot
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November 28, 2016, 05:58:00 PM
 #500

Can I use bitcoins to move large sums of money around? Say $500K from one country to another without any restrictions and territorial issues? Thanks in advance.
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