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Author Topic: Why Should I Choose Bitcoin ??  (Read 46490 times)
kamilah147
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October 21, 2017, 01:06:48 PM
 #1081

I choose bitcoin because it is good and has the potential to save and invest. Easy access only with internet connection. makes it easy for everyone who subscribes indefinitely. I like the existence of forums like this that give many opportunities to us who want to go ahead with bitcoin. hopefully bitcoin will be forever so that generation after we can enjoy and success more than now.

indeed bitcoin is a good thing, but the government is afraid to take risks resulting from bitcoin.
but the bitcoin is also beneficial for its users as well. but instead the government forbade it.

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October 21, 2017, 01:10:09 PM
 #1082

I choose bitcoin because it is good and has the potential to save and invest. Easy access only with internet connection. makes it easy for everyone who subscribes indefinitely. I like the existence of forums like this that give many opportunities to us who want to go ahead with bitcoin. hopefully bitcoin will be forever so that generation after we can enjoy and success more than now.

indeed bitcoin is a good thing, but the government is afraid to take risks resulting from bitcoin.
but the bitcoin is also beneficial for its users as well. but instead the government forbade it.

The government does not prohibit bitcoin. It just wants to control the Crypto-currency and tax it. I'm investing in bitcoin because now it's very profitable

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October 21, 2017, 06:41:46 PM
 #1083

I choose bitcoin because it is good and has the potential to save and invest. Easy access only with internet connection. makes it easy for everyone who subscribes indefinitely. I like the existence of forums like this that give many opportunities to us who want to go ahead with bitcoin. hopefully bitcoin will be forever so that generation after we can enjoy and success more than now.

indeed bitcoin is a good thing, but the government is afraid to take risks resulting from bitcoin.
but the bitcoin is also beneficial for its users as well. but instead the government forbade it.

The government does not prohibit bitcoin. It just wants to control the Crypto-currency and tax it. I'm investing in bitcoin because now it's very profitable
The government will prohibit us use Bitcoin if they can not control and tax it, remember that! You can not put all your money in a currency as Bitcoin. No one can controls it, it means anytime, the government will decide to remove it to for the country's economy.
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October 21, 2017, 11:14:34 PM
 #1084

Because Bitcoin is the only crypto that have value, other coins are just its alternative and has not sense.
Bitcoin in fact compel people to invest money there. actually the income that we can get from bitcoin in present time. but with the passage of time. I am hopeful that this trend will continue for a long time because bitcoin has more potential to give good profit to people. i think in future we can expect to use bitcoin not only for trading and investment but we will also use bitcoin as currency for buying selling and so many other purposes.
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October 21, 2017, 11:22:18 PM
 #1085

I choose bitcoins because I work overseas and every month I need to spend money to home which I was doing through banks and WU in the past which involved very high fees but with bitcoins I can send money very easily at any time and also with the lowest fees and now I don't have to depend on banks for money transfers.

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October 22, 2017, 02:32:46 AM
 #1086

If folks are not in a position to see the rewards of deciding on bitcoin then I do not know what to say, bitcoin is a wonderful investment and it is a great instrument if that is not sufficient for a person to decide on bitcoin then that individual is blind.
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October 22, 2017, 03:27:13 AM
 #1087

If folks are not in a position to see the rewards of deciding on bitcoin then I do not know what to say, bitcoin is a wonderful investment and it is a great instrument if that is not sufficient for a person to decide on bitcoin then that individual is blind.
It's either they don't understand bitcoin or they are afraid to take risk, investing is risk taking so if you are not a risk taker you would not invest.
I see bitcoin has a great future so I am gambling on that possibility and put my money on it, I think of all the possibilities including failure but I'm sure it will succeed.

 
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rfouziha
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October 22, 2017, 03:41:22 AM
 #1088

Why Should I Choose Bitcoin ??
                                                It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !

The question you asked and you typed the answers also given by yourself. Its true that all above is the reason I choose bitcoin. Moreover Bitcoin is going to be the future in few years ahead so this is right time to involve and use to it better to regret later.

cah ndablek
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October 22, 2017, 04:26:46 AM
 #1089

Why Should I Choose Bitcoin ??
                                                It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
I also try to take advantage of all the opportunities that there are only small visible in this forum and also need patience from yourself every time waiting for income from various gifts and the most priority must have a marketing place in advance to facilitate withdrawal of funds.

Aba
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October 22, 2017, 04:56:19 AM
 #1090

Why Should I Choose Bitcoin ??
                                                It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
But with the current bitcoin price reaching the $ 5856 value range for 1 bitcoin, is it still said to be cheap, transaction on bitcoin? because the fee taken from bitcoin transaction is also in the form of bitcoin.

gabmen
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October 22, 2017, 05:29:34 AM
 #1091

If folks are not in a position to see the rewards of deciding on bitcoin then I do not know what to say, bitcoin is a wonderful investment and it is a great instrument if that is not sufficient for a person to decide on bitcoin then that individual is blind.
It's either they don't understand bitcoin or they are afraid to take risk, investing is risk taking so if you are not a risk taker you would not invest.
I see bitcoin has a great future so I am gambling on that possibility and put my money on it, I think of all the possibilities including failure but I'm sure it will succeed.

Any investments take risks. I just don't think they trust the concept of cryptocurrencies yet. If you want assurance, just backtrack btc's history and all the challenges it overcame. Though we can't force people to see bitcoin as how we see it, we can just let them see us enjoy the benefits

ongels
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October 22, 2017, 07:22:28 AM
 #1092

Bitcoin dominating against all alt coins and one good feature of bitcoin is that it is already recognized globally, It could also be used as currency or an assets, There's no doubt i will consistently follow bitcoins.

Hexah
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October 22, 2017, 08:01:17 AM
 #1093

As per value increasing this time around who would not thought choosing it as an asset or an investment? As it is increasing and giving names to the world right now I think many people would choose this digital money and as technology is developing so rapidly no doubt the world will be run digitally as I can see. I think the government are the one in top not choosing bitcoin, why? Because government can't control bitcoin since it is decentralized but I know one day they would realize bitcoin is a good form of currency.

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lordquanta
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October 22, 2017, 08:11:35 AM
 #1094

Why Should I Choose Bitcoin ??
                                                It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
But with the current bitcoin price reaching the $ 5856 value range for 1 bitcoin, is it still said to be cheap, transaction on bitcoin? because the fee taken from bitcoin transaction is also in the form of bitcoin.
At 5800 to 6000 dollars per each bitcon is certainly not cheap from any perspective at all. The transaction charges are in fact same from bitcoin point of view, that bitcoin transaction are in bitcoin format only. Thus transaction charges for the bitcoin will also increase if base price of bitcoin price increases. This is what people have mentioned beforehand when bitcoin price was at 1200 dollars per the bitcoin. If bitcoin value goes skyrocketing the significance of being currency. In todays world, bitcoin market is observing transactions are observed on stock market basis instead of currency.
As far as high transaction are concerned, think about it as living in countries like US or Emirates or any country with high living standard price compared to other countries. Like if some person from poor country goes to rich country like US then that person will definitely be earning 30 times or 50 times of what he would be earning in native country. However the same person will also be spending is equivalent to the US country. That person spending will also be 30 times or 50 times compared to native country spendings.
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October 22, 2017, 10:42:07 AM
 #1095

If folks are not in a position to see the rewards of deciding on bitcoin then I do not know what to say, bitcoin is a wonderful investment and it is a great instrument if that is not sufficient for a person to decide on bitcoin then that individual is blind.
It's either they don't understand bitcoin or they are afraid to take risk, investing is risk taking so if you are not a risk taker you would not invest.
I see bitcoin has a great future so I am gambling on that possibility and put my money on it, I think of all the possibilities including failure but I'm sure it will succeed.

Any investments take risks. I just don't think they trust the concept of cryptocurrencies yet. If you want assurance, just backtrack btc's history and all the challenges it overcame. Though we can't force people to see bitcoin as how we see it, we can just let them see us enjoy the benefits
Bitcoin is not an investment that is easy to trust because the volatility of the market is not so easy to convince the people because how can you trust an investment that can make its price to go down for its lowest possible price anytime. In my opinion, it is better for them to just invest in basic investment vehicles rather than trusting bitcoin if they want an assurance.

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October 22, 2017, 11:59:03 AM
 #1096

for me bitcoin is not just a currency that serves as
the only payment transaction tool but bitcoin is an asset that has high value and valuable in my life.
With bitcoin I have a pretty good income to meet the cost of my daily life.

A good reason to choose bitcoin is the possible profit that you may have if you invested. Bitcoin is very effective on changing the life of many people, over the past time bitcoin proves itself that i can be powerful and i believe in the future of bitcoin this will surely go even higher in the future.

You are talking about Bitcoin as investment and I agree with you in that regard, but Bitcoin is also a good tool for transfering big sums of money to someone in another country. Right now for example you have to pay 80 satoshis/byte for a fast transaction which is around 20,000 satoshis, or $1.10, for an average transaction. This is not good if you want to transfer $5-$10, but it's very good if you want to transfer $200+.

Yes bitcoin is really useful if we want to send big amount of money to someone in the other side of the world fee's will be more cheaper and transaction is also fast too.
Bitcoin is the best way to do remittances because you can easily send or receive bitcoin even it is from the other part of the world and because of the cheaper fee. The people are keep coming in bitcoin and they are preferring bitcoin over the traditional ways of remittances and bitcoin is also a good way to make some money from just preserving some bitcoin for long term in your investment portfolio.
It seems Bitcoin has became the best tool to transfer money between countries on the world. But important, the Bitcoin community still very small when we compare to other payment method as Visa, banking system, Western Union, Paypal ...

Agreed, but that's a temporary situation. The more positive coverage appears in the media the more new people come to Bitcoin and adopt it. With time people will comprehend the advantages of Bitcoin transactions over those they've been using for many years and to which they are accustomed to. It's hard to change your habits at once.

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October 22, 2017, 12:04:23 PM
 #1097

this is the most powerfull cryptocurrency nowadays. if most of ppl will choose bitcoin it will be stay this way

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October 22, 2017, 01:21:31 PM
 #1098

If folks are not in a position to see the rewards of deciding on bitcoin then I do not know what to say, bitcoin is a wonderful investment and it is a great instrument if that is not sufficient for a person to decide on bitcoin then that individual is blind.
It's either they don't understand bitcoin or they are afraid to take risk, investing is risk taking so if you are not a risk taker you would not invest.
I see bitcoin has a great future so I am gambling on that possibility and put my money on it, I think of all the possibilities including failure but I'm sure it will succeed.

Any investments take risks. I just don't think they trust the concept of cryptocurrencies yet. If you want assurance, just backtrack btc's history and all the challenges it overcame. Though we can't force people to see bitcoin as how we see it, we can just let them see us enjoy the benefits
Bitcoin is not an investment that is easy to trust because the volatility of the market is not so easy to convince the people because how can you trust an investment that can make its price to go down for its lowest possible price anytime. In my opinion, it is better for them to just invest in basic investment vehicles rather than trusting bitcoin if they want an assurance.

I believe it's fairly easy to trust. The market has shown that it's more than capable of correcting itself even in the largest of dips. It's still a risk, yes, but a fairly safe one. Stocks may be better long term though. There's also real estate for people with money to spend.
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October 22, 2017, 01:45:56 PM
 #1099

Choose bitcoin of all the cryptocurrency because this the only one that can surely survive in the future though there are some that will survive too but for me this is the number 1 crypto.

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October 22, 2017, 02:10:33 PM
 #1100

If folks are not in a position to see the rewards of deciding on bitcoin then I do not know what to say, bitcoin is a wonderful investment and it is a great instrument if that is not sufficient for a person to decide on bitcoin then that individual is blind.
i think investing on bitcoin is a game of chance. Bitcoin prices has increased a lot since 2008. However, you shouldn't imitate people who chase after bitcoin if you don't have any knowledge about it. Anyway, the reason why I choose Bitcoin is the price of it will keep going up in the future, of course it will bring me high profit.

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