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Author Topic: Why do the peoples use the Bitcoin?  (Read 2234 times)
Woshib (OP)
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August 27, 2016, 11:15:19 PM
 #1

Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
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August 27, 2016, 11:17:31 PM
 #2

Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.
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August 27, 2016, 11:22:35 PM
 #3

The questions are pretty good friends. Indeed bitcoin has no huge difference compared to other currencies, but did you know about the unstable price bitcoin..?? . If Yes, then that is the main reason everyone using bitcoin, for a price of bitcoin unstable you and we all can benefit.
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August 27, 2016, 11:24:35 PM
 #4

You're wrong about a lot of things here. Where to begin...

Bitcoin is just a currency like all others

I was unaware that fiat was also decentralized. Could you explain that to me?

just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.

I'm really trying to grasp what this verbal diarrhea means but I'll take a stab at it.

So instant transaction are slow? Can you also explain that to me? Do you know how long it takes, say, a credit card to confirm? Look it up. 10-60 minutes for a confirmation (assuming you paid a half-decent fee) isn't much at all in the grand scheme of things.

Why do peoples use Bitcoin?

To stop being a follower.

Bitcoin will change what in currencies world?

Let me answer that question with another question: Wtf does that mean?!
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August 28, 2016, 01:12:11 AM
 #5

Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
But maybe the main of your topic is not different with another topic like this and i think this topic like just recurring the previous topic with another word. LOL

 but my answer is trying for understanding about yourself after using bitcoin and comparing at you're using the another currency and whether you feel a difference in them?

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August 28, 2016, 05:50:33 PM
 #6

There are many features that bitcoin have due to which people loves to use bitcoin rather than traditional payment processors few are: decentralized, transparency, anonymous and as transaction is not trackable everybody can use their money in the way they like to spend without any government/bank restrictions.

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August 28, 2016, 06:43:11 PM
 #7

Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
Well i think for me i started in bitcoin and use them in 2015 when i was looking for extra income and i saw faucet that easy that that you can get satoshi the same as ptc site before that i never made withdraw unlike in bitcoin that you can withdraw it instantly so i stay in bitcoin because of it now i am here in bitcoin that i am earning in signature campaign that i never seen in other site that you can earn money.. now while earning bitcoin and saving it i use some of them to invest and learn in marketing online and now i am my own business online that i can earn passively.

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August 28, 2016, 06:53:44 PM
 #8

Its fees free man  Tongue plus i don't get restrictions.

And also i can accept small payments without huge fee  Smiley
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August 28, 2016, 06:56:59 PM
 #9

I think they are using bitcoin because of easy to use bitcoin is fast transaction and you are just paying low fee or some wallet online are free for every transaction. unlike other company like paypal they have a high fee per transaction..



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August 28, 2016, 07:11:55 PM
 #10

Slow transactions will vanish once the Lightning network is implemented so there is nothing to be worried about , fees are indeed the cheapest in any other payment method out there, If you think fees are not important then you should think twice each time you use your Credit cards at stores.
There is no federal reserve making and manipulation money, It's decentralized , everything is based on supply and demand. People don't need to provide real information's (unless they choose to in case they are using an exchange) to use Bitcoin , they can't get their accounts frozen , limited etc... It's perfect , It's bitcoin  Grin

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August 28, 2016, 07:17:21 PM
Last edit: August 28, 2016, 07:38:32 PM by European Central Bank
 #11

because they wanna be part of the future and they're also holding some back hoping that the value explodes. other than that, unless you're somewhere unbanked or doing drugs, there's no reason to use it as a currency right now.

if more people used it then i'd certainly make more use of it, especially for stuff like transfers abroad and paying while abroad. the potential is there.
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August 28, 2016, 07:22:47 PM
 #12

Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?
Hmm, im pretty amazed that you are asking such a questions here, in almost 2017.
Bitcoin is actually different than other regular currencies, you cannot really make fast transfer by USD- it will take some time to go through banks.
However bitcoin transactions are really fast, and worldwide.

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August 28, 2016, 07:33:00 PM
 #13

Is this a dummy question or you need to be paid for your post from your signature ? Either way bitcoin is widely used by those who knows its benefits which are simple yet very effective. Like full anonymity , there is no central authority like ECB-European Central Bank or the Federal Reserve which decides the fate of their currencies. Bitcoin means freedom and you being your own bank. You have the coins in your desktop wallet and can do anything with them from paying for goods, digital goods, converting to cash, investing into casinos which is something nowadays is very difficult to do with FIAT currency. This is bitcoin which is absolute freedom.




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August 29, 2016, 02:14:37 AM
 #14

there is no difference with other currencies.

you're wrong in so many ways....
to begin with, you dont need banks and you can mine your coins. you pay way less fees then using banks and, if you want, you have anonimity(using bitcoin you will need some services, but still achievable).
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August 29, 2016, 03:38:18 AM
 #15

there is no difference with other currencies.

you're wrong in so many ways....
to begin with, you dont need banks and you can mine your coins. you pay way less fees then using banks and, if you want, you have anonimity(using bitcoin you will need some services, but still achievable).
good said, there is some benefits to use Bitcoin. bitcoin is better than banks or other currencies
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August 29, 2016, 03:55:22 AM
 #16

because it is simple , easy and everybody who already know about bitcoin can use it, bitcoin helps me a lot since i know it , and i think bitcoin helps other people's life too
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August 29, 2016, 03:59:56 AM
 #17

People use bitcoin as there are many advantages here. We can get a variety of ways such as trade and investment. Bitcoin is apt to benefit easily. Bitcoin does not change any of the currencies of the world because bitcoin digital currency. Bitcoin currency would be successful in the digital and does not affect the currency of the world.
arifrinaldi
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August 29, 2016, 04:22:04 AM
 #18

I think bitcoin is free to use, because it is not controlled by anyone .. and 1 bitcoin prices are very high, so bitcoin in the search by people today Smiley
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August 29, 2016, 04:29:34 AM
 #19

Bitcoin is just a currency like all others, just the transaction fee, and slow transaction sometimes, there is no difference with other currencies.
Why do peoples use Bitcoin?
Bitcoin will change what in currencies world?

because bitcoin is long investment and there are attract many people to make an investment and of course people wants to make money with bitcoin. and i think bitcoin will change the world economy in future.



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August 29, 2016, 04:33:22 AM
 #20


Why people use USD? because it's a currency. money needs to be transferred between people for different purposes, bitcoin is a reliable and cheap way of sending money across the globe.
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