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Author Topic: So, why do we need to use Bitcoin?  (Read 21172 times)
RajaJudi
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November 30, 2016, 10:23:28 PM
 #521

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

simple answer , for my income for get more profit Grin Grin
Thats one of the reason why we use bitcoin, it has many opportunity to earn or make your money grow by investing in it and its your choice if you want to go full time. also by using btc, you can easily send money to someone with low fee unlike remittances.
That's right. Bitcoin price never stops rising so you can easily earn some extra profit from it. Furthermore, we can not deny that Bitcoin also provide us many other advantages such as not paying fees, fast transaction, etc. At present, Bitcoin is the most secure and safe currency which can not be hacked or be stolen if you know all of Bitcoin's functions

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November 30, 2016, 10:44:23 PM
 #522

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




Its will make you get more control of your money. You don't have to pay tax to government. There are more benefit if you use bitcoin. Use paper money is terrible.
Besides that when we use bitcoin is more secure than paper money or save in the Bank because not one know that we have bitcoin. Save bitcoin is very profitable than gold or paper money.
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November 30, 2016, 10:50:29 PM
 #523

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




Its will make you get more control of your money. You don't have to pay tax to government. There are more benefit if you use bitcoin. Use paper money is terrible.
These are the most common reasons to use BTC but there are more as well.You don't have to rely on the economy to keep your currency stable and in case of a financial crisis you can turn to BTC as a way to escape the cataclism and protect yourself.I think that's the biggest advantage BTC has-it is not regulated and there's almost no way there can be used artificial control over it.

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November 30, 2016, 10:54:03 PM
 #524

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

simple answer , for my income for get more profit Grin Grin
Thats one of the reason why we use bitcoin, it has many opportunity to earn or make your money grow by investing in it and its your choice if you want to go full time. also by using btc, you can easily send money to someone with low fee unlike remittances.
I think that's the reason many people use bitcoin, they want to invest and make profits in bitcoin. so they put their money in bitcoin, I also hope there will be more people who will be using bitcoin for currency
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December 01, 2016, 01:58:33 AM
 #525

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

simple answer , for my income for get more profit Grin Grin
Thats one of the reason why we use bitcoin, it has many opportunity to earn or make your money grow by investing in it and its your choice if you want to go full time. also by using btc, you can easily send money to someone with low fee unlike remittances.
That's right. Bitcoin price never stops rising so you can easily earn some extra profit from it. Furthermore, we can not deny that Bitcoin also provide us many other advantages such as not paying fees, fast transaction, etc. At present, Bitcoin is the most secure and safe currency which can not be hacked or be stolen if you know all of Bitcoin's functions
Bitcoin is very secure, but exchanges have been hacked and coins have been stolen that is why we must always do our best to protect our coins since there are always hidden dangers that we could not be able to predict.
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December 01, 2016, 02:03:15 AM
Last edit: December 01, 2016, 11:43:33 PM by clickerz
 #526

Bitcoin is very secure, but exchanges have been hacked and coins have been stolen that is why we must always do our best to protect our coins since there are always hidden dangers that we could not be able to predict.

That is correct, we did not know when those exchanges will be hack and get offline. Too unfortunate,but it really happens.We need bitcoins since it becomes like a de facto currency online and also possible in the future.But, we must also be very vigilant and cautious in storing our bitcoin on online wallets.

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December 01, 2016, 04:45:21 AM
 #527

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

simple answer , for my income for get more profit Grin Grin
Thats one of the reason why we use bitcoin, it has many opportunity to earn or make your money grow by investing in it and its your choice if you want to go full time. also by using btc, you can easily send money to someone with low fee unlike remittances.
I think that's the reason many people use bitcoin, they want to invest and make profits in bitcoin. so they put their money in bitcoin, I also hope there will be more people who will be using bitcoin for currency
I'm not sure bitcoin can survive for long time, the best way is to keep and if it is more than 100% profit and immediately sell it is best strategy. Many people are too optimistic by continuing to buy the bitcoin, I worry there is a game of speculation of the bitcoin. I think the real investment should outweigh the bitcoin.
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December 01, 2016, 11:42:18 AM
 #528

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

simple answer , for my income for get more profit Grin Grin
Thats one of the reason why we use bitcoin, it has many opportunity to earn or make your money grow by investing in it and its your choice if you want to go full time. also by using btc, you can easily send money to someone with low fee unlike remittances.
I think that's the reason many people use bitcoin, they want to invest and make profits in bitcoin. so they put their money in bitcoin, I also hope there will be more people who will be using bitcoin for currency

And that's not the only reason why we should use bitcoins because it has a lot of use that is giving us. Just like for being a currency by itself that is allowing us to transact online very fast and with cheap transaction fees. And wherever the person you need to send some bitcoins in this world he can receive it within few minutes.

This is what Bitcoin was intended to be used as, as a means of payment, to be precise. And it is not just another type of digital money, it is also a payment system in its own right. That feature alone makes Bitcoin unique and distinguishes it from previous types of money. Even fiat currencies when digitized need a separate payment system to make payments ever possible with them.
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December 04, 2016, 09:42:15 PM
 #529

For me, the main reason for using Bitcoin is the fact that in this way I can store value in a decentralized manner and more safely, as long as the necessary security measures are taken, of course. Being decentralized, the user is the only person having full control over the funds, and that's probably the main reason why I use it.
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December 04, 2016, 10:17:49 PM
 #530

I can create my own cold wallets, fill them up at local ATMs and complete transactions online. After that, I'd just throw them in the trash whem they're empty and repeat these steps. I got dozens of cold wallets ready to be spent. They're hidden and I will wait to spend them when the price will skyrocket. I can be my own bank, I can do what I want with my money and nobody needs to know my real identity. I can change it as many times as I want.

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December 05, 2016, 06:05:05 AM
 #531

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





i don't know what could be your reason why you need to use bitcoin but i have my own reason why, first I can manage my own money while it is stored in my wallet it is like you are also managing your own bank and you never have to worry because you are the only one who holds it, second you are away from the corrupt government and high taxes imposed by these corrupt and also bitcoin is much easier to use in some transactions, and lastly I can make profit even I am just holding it.
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December 05, 2016, 06:48:36 AM
 #532

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





i don't know what could be your reason why you need to use bitcoin but i have my own reason why, first I can manage my own money while it is stored in my wallet it is like you are also managing your own bank and you never have to worry because you are the only one who holds it, second you are away from the corrupt government and high taxes imposed by these corrupt and also bitcoin is much easier to use in some transactions, and lastly I can make profit even I am just holding it.
Yes that is true we can manage our money wisely and the better thing is bitcoin have big potential to get profit when the bitcoin price goes up. Its easy to use transfer money in different country that less fee. So it better to use bitcoin to easy transaction.
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December 05, 2016, 06:51:30 AM
 #533

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

simple answer , for my income for get more profit Grin Grin
Thats one of the reason why we use bitcoin, it has many opportunity to earn or make your money grow by investing in it and its your choice if you want to go full time. also by using btc, you can easily send money to someone with low fee unlike remittances.
I think that's the reason many people use bitcoin, they want to invest and make profits in bitcoin. so they put their money in bitcoin, I also hope there will be more people who will be using bitcoin for currency

And that's not the only reason why we should use bitcoins because it has a lot of use that is giving us. Just like for being a currency by itself that is allowing us to transact online very fast and with cheap transaction fees. And wherever the person you need to send some bitcoins in this world he can receive it within few minutes.

This is what Bitcoin was intended to be used as, as a means of payment, to be precise. And it is not just another type of digital money, it is also a payment system in its own right. That feature alone makes Bitcoin unique and distinguishes it from previous types of money. Even fiat currencies when digitized need a separate payment system to make payments ever possible with them.

And it likes a all in all crypto currency and does have everything into it. Currency, payment processor and as well as investment. I don't know why people can't see the benefits that they can't get with bitcoin even though they already knew that there are a lot of opportunities that they will be able to experience with bitcoin.

It is an interesting question. The main reason seems to be that not so many people are using Internet to make online payments on the average. Those who do use it may be willing to at least give Bitcoin a try, but they can't easily get it. Yes, they can buy it on an exchange, but that alone might frighten a lot of people off because they would have to transfer their hard earned dollars to it which they obviously don't want to do.
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December 05, 2016, 06:56:05 AM
 #534

Well, I was introduced here by my friends that are earning some bitcoins and converting it to real money. Im jealous because i want to easr some too.
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December 05, 2016, 07:00:41 AM
 #535

Well, I was introduced here by my friends that are earning some bitcoins and converting it to real money. Im jealous because i want to easr some too.

Lol, so jealousy brought you into Bitcoin either way we all get here one way or the other. The reason why we use Bitcoin to me is because humans will always want to do our things without any hassle or difficulty of government and in the cheapest way so we devise a means to make that happen and in this case Bitcoin surfaced so if it not Bitcoin, something else would be used.
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December 05, 2016, 08:04:29 AM
 #536

Well, a lot of interest from using bitcoin, and almost all of it favorable. yes, this time I'm using bitcoin to grow the business, and I also use bitcoin for transaction purposes. Well, bitcoin has a transaction faster than others, so it is very good to use bitcoin as a means of transaction


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December 05, 2016, 08:24:29 AM
 #537

Well you don't really need to use bitcoin as nobody is forcing you to use it but it is pretty good to use bitcoin, as there are some distinct advantages that bitcoin has over fiat currency, aka cash.

It is decentralised, anonymous, and you can trust the system not inflating the economy too much.
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December 05, 2016, 08:26:58 AM
 #538

Well, I was introduced here by my friends that are earning some bitcoins and converting it to real money. Im jealous because i want to easr some too.

Lol, so jealousy brought you into Bitcoin either way we all get here one way or the other. The reason why we use Bitcoin to me is because humans will always want to do our things without any hassle or difficulty of government and in the cheapest way so we devise a means to make that happen and in this case Bitcoin surfaced so if it not Bitcoin, something else would be used.

A lot of people if not most seem to be attracted to Bitcoin primarily because it allows them to earn quick profits through fast appreciation of coins. They don't particularly care if it allows to do things without hassle or government interference as long as it remains profitable. If Bitcoin price stabilized at one level for good, they would most likely leave it in search of other opportunities to earn a quick buck.
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December 05, 2016, 09:20:44 AM
 #539

Well, I was introduced here by my friends that are earning some bitcoins and converting it to real money. Im jealous because i want to easr some too.

Lol, so jealousy brought you into Bitcoin either way we all get here one way or the other. The reason why we use Bitcoin to me is because humans will always want to do our things without any hassle or difficulty of government and in the cheapest way so we devise a means to make that happen and in this case Bitcoin surfaced so if it not Bitcoin, something else would be used.

A lot of people if not most seem to be attracted to Bitcoin primarily because it allows them to earn quick profits through fast appreciation of coins. They don't particularly care if it allows to do things without hassle or government interference as long as it remains profitable. If Bitcoin price stabilized at one level for good, they would most likely leave it in search of other opportunities to earn a quick buck.
Those who seeking advantages are mostly traders. Actually there's also many people out there who use bitcoin just to pay stuff, i can't argue that the investors on bitcoin are also the big factor that make the demands are increasing overwhelmingly especially after the latest price rising that make bitcoin worth above $700.but, i'm sure that the opportunities to seek for profit through bitcoin is not the main thing that people were seeking

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December 05, 2016, 11:50:17 AM
 #540

Well you don't really need to use bitcoin as nobody is forcing you to use it but it is pretty good to use bitcoin, as there are some distinct advantages that bitcoin has over fiat currency, aka cash.

It is decentralised, anonymous, and you can trust the system not inflating the economy too much.
For me the major use of bitcoin is to trade and then to gamble a bit and the freedom with which you can transfer these gives you the answer for the need of bitcoin. The major advantage over fiat is that you can transfer the coins without any hurdle worldwide and can be used as a payment token for literally anything as long as they accept it. Smiley
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