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Author Topic: Why I use Bitcoin ???  (Read 24588 times)
just_Alice
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December 13, 2016, 03:56:36 PM
 #561

I don't use bitcoin. Why should I? There is very little incentive to actually use BTC. It is better to store and hold them forever.
Maybe someday your 1 BTC will be worth 1 million of $ or € or whatever fiat you are using.

That's not impossible btw, but I'm trying to be more realistic. I think Bitcoin has all the chances to reach $10,000 in the next few years and that's why it is a very good investment. I don't use Bitcoin for anything else aside from investment either, exept for gambling but those amounts are so insignificant that I should have not mentioned it even.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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December 13, 2016, 03:59:49 PM
 #562

In this time most of the currencies are here,so why i use Bitcoin? what you feel the different between Bitcoin and the other currencies?
You should use bitcoin bitcoin has a very big potencial when it comes on market if you good in trading why don't you try your luck there? Join to a group first to know what coins will you guys are going to pump or dump real money can buy bitcoin and bitcoin can be traded into real money to use that into physical things.

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December 13, 2016, 04:30:32 PM
 #563

my major goal is to make purchases online. with bitcoin I can do this with ease.
apart from that I also investing bitcoin to give me income every month.

Well though i also like buying things online but my major goal is not that with bitcoin... but my major goal is to earn it and spend it on my life... bitcoin has given me a great financial help and i'm really thankful to it for that...
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December 13, 2016, 04:48:06 PM
 #564

my major goal is to make purchases online. with bitcoin I can do this with ease.
apart from that I also investing bitcoin to give me income every month.

Well though i also like buying things online but my major goal is not that with bitcoin... but my major goal is to earn it and spend it on my life... bitcoin has given me a great financial help and i'm really thankful to it for that...

Me too. I want to use bitcoins to help me in my real life making investments. The internet doesn't have good opportunities like real life.
I guess the best thing to do is to use the internet just to earn bitcoins, store it and invest in the real world.
Too many scammers lurk into these sites trying to steal our money.

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December 13, 2016, 07:59:41 PM
 #565

My three main reasons of using bitcoin:

-Bitcoin is better investment than gold right now.
-No more ruling of PayPal or other pathetic payment processors such as Payza or Skrill.
-Very less fee, specially if you are sending mass payment.
you are right that bitcoin investment is much more better than gold because bitcoin increasing its price too much slow and we can get good profit quickly from gold and bitcoin increasing its price too much faster and we can get a big profit from bitcoin in short time easily because people investing their money in bitcoin.
Yeah i also like to invest my money in bitcoin because i am a trader of bitcoin and i buy bitcoin with low price and then hold my bitcoin for high price and i get a good profit with regular from bitcoin trading because bitcoin increasing its much more faster than gold.
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December 13, 2016, 09:24:09 PM
 #566

My three main reasons of using bitcoin:

-Bitcoin is better investment than gold right now.
-No more ruling of PayPal or other pathetic payment processors such as Payza or Skrill.
-Very less fee, specially if you are sending mass payment.
Your second point has brought a large number of online earners to adopt bitcoin because they all were very bothered from the rulings and scam attempts of these payment processors. Now they are very happy with the use of bitcoin in their online businesses etc.
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December 13, 2016, 09:43:06 PM
 #567

My three main reasons of using bitcoin:

-Bitcoin is better investment than gold right now.
-No more ruling of PayPal or other pathetic payment processors such as Payza or Skrill.
-Very less fee, specially if you are sending mass payment.
Your second point has brought a large number of online earners to adopt bitcoin because they all were very bothered from the rulings and scam attempts of these payment processors. Now they are very happy with the use of bitcoin in their online businesses etc.
Yeah I also know about that. when I was on PTC site people were very angry with bad support and delays from payza and from continuous freezing accounts of paypal and they were searching for any other payment processor which would be much fine and in that search I came to join bitcoin.
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December 13, 2016, 09:49:26 PM
 #568

There are lot's of reason why you should trust bitcoin first is bitcoin can help you benifits and earn profit with other currencies it can help you to gain experience from trading , gambling , investment and other activities that you don't learn from your past. Bitcoin is great and can use easily can be transaction worldwide can easily send money to anyone.
These are good points, they are also some of the reasons that lead me to use Bitcoin. But the main reason is the possibility of creating an address and moving funds in a simple way, without bureaucracy. It's like they say, be your own bank.

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December 13, 2016, 11:04:14 PM
 #569

-Bitcoin is better investment than gold right now.

Gold is mostly used as a store of value tool that people rely plenty of years on, and not as an investment where people get crazy returns as is the case with Bitcoin. In that regard, this comparison doesn't really make sense.

-Very less fee, specially if you are sending mass payment.

It depends on the way you are using Bitcoin. Yes, with just a certain fee, you can send out plenty of transactions at once, but pools nowadays aren't as easy as they were more than a year ago. Look now, if you send out such a transaction, and your fee is just 0.0005BTC for example, but the byte size on the very high side, then they will surely skip your transaction as they can include 10 other transactions where they generate 0.0025BTC in fees, instead of your transaction that they would only gain 0.0005BTC from.
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December 14, 2016, 12:54:21 AM
 #570

My three main reasons of using bitcoin:

-Bitcoin is better investment than gold right now.
-No more ruling of PayPal or other pathetic payment processors such as Payza or Skrill.
-Very less fee, specially if you are sending mass payment.
you are right that bitcoin investment is much more better than gold because bitcoin increasing its price too much slow and we can get good profit quickly from gold and bitcoin increasing its price too much faster and we can get a big profit from bitcoin in short time easily because people investing their money in bitcoin.
There is no point to use gold as an investment to try to get fast profits, gold is mostly used as a way to store value, as a way of saving and not of investment, if you want even wilder swings and the possibility of even greater profits try altcoins.
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December 14, 2016, 01:52:52 AM
 #571

My three main reasons of using bitcoin:

-Bitcoin is better investment than gold right now.
-No more ruling of PayPal or other pathetic payment processors such as Payza or Skrill.
-Very less fee, specially if you are sending mass payment.
you are right that bitcoin investment is much more better than gold because bitcoin increasing its price too much slow and we can get good profit quickly from gold and bitcoin increasing its price too much faster and we can get a big profit from bitcoin in short time easily because people investing their money in bitcoin.
There is no point to use gold as an investment to try to get fast profits, gold is mostly used as a way to store value, as a way of saving and not of investment, if you want even wilder swings and the possibility of even greater profits try altcoins.

Even though gold is not giving fast profits but it is one of the best investment product for the longer time frame. Many big banks and countries invest their money in gold to make their portfolios. In altcoin you can make a profit faster but even faster you can lose your money as well in altcoin trading.
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December 14, 2016, 02:58:10 AM
 #572

bitcoin has a huge potential .it is said that bitcoin is the future digital currency .if u use other currencies u l see that the currencies may grow more than bitcoins but it is for a short amount of time,which in that stipulated amount of time u have to sell those buyed altcoins to have a better profit.

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December 14, 2016, 04:08:08 AM
 #573

Well, they say all the things why i use bitcoin. Its very helpful to me because im just a person who wants to grow money for living. Trading is one the thing i am studying right now. Unlike forex you cant lose all your capital easily. Also bitcoin is really popular right now. I think its time to be on what is trending right now. Its an opportunity to use to earn without taxes and government interference.
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December 14, 2016, 04:16:22 AM
 #574

I've been using bitcoin mostly for online purposes like digital transactions, trading and investments. More merchants are now adopting bitcoin as one of their mode of payments. Gold is still preferable mostly for long term but bitcoin is more accessible to any ordinary investors.
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December 14, 2016, 04:17:43 AM
 #575

I use bitcoin and not any other cryptocurrency because I trust bitcoin. And also because it is worth a lot more than any other.
And another important reason is that it is the most used, most accepted and most renowned among all.
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December 14, 2016, 04:27:00 AM
 #576

I use bitcoin and not any other cryptocurrency because I trust bitcoin. And also because it is worth a lot more than any other.
And another important reason is that it is the most used, most accepted and most renowned among all.
It's because we are business minder, we love to take risk bitcoin is a good investment worth to take risk. I am one of the supporters who are willing to take more risk depending on the performance of bitcoin and as I can see now, it's very progressive so I need to put more.

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December 14, 2016, 04:48:53 AM
 #577

The main reason is investing and also being able to have a decentralised, anonymous payment system. I don't need to submit IDs and go through the lengthy process of GreenID verification anymore, like I need to on other payment processors. Nor do I need to deal with dodgy admins that are basically anonymous, such as the admin of Perfectmoney, and Egopay(which went scam, by the way).

Bitcoin combines the good of every single payment method, and adds some of its own elements too.
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December 14, 2016, 05:19:09 AM
 #578

I use bitcoin and not any other cryptocurrency because I trust bitcoin. And also because it is worth a lot more than any other.
And another important reason is that it is the most used, most accepted and most renowned among all.

Yeah, bitcoin is definitely probably the most trusted cryptocurrency right now available to us. The second ranked is Ethereum which lately has been going through some rough patches, the price is going down after those hard forks.

Bitcoin on the other hand is relatively stable.
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December 14, 2016, 05:48:05 AM
 #579

I use bitcoin cause I find it so easy to use and because of the idea of investing through some site by bitcoin without any hustle.
And also the idea of anonymity so anyone can use it and lets not forget that we are using it to earn Smiley

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December 14, 2016, 06:10:29 AM
 #580

I use bitcoin and not any other cryptocurrency because I trust bitcoin. And also because it is worth a lot more than any other.
And another important reason is that it is the most used, most accepted and most renowned among all.
among other coins bitcoin certainly the most widely used and most widely accepted, but compared to its original state, is quite difficult to use bitcoin shop, because there are still very few people accept bitcoin right ?
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