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Author Topic: Why Should I Choose Bitcoin ??  (Read 46210 times)
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January 20, 2017, 04:34:48 PM
 #141

Quick transactions and No expenses/low charges now depends on eachother, increase in delayed transactions and increase in transaction fee put question mark infornt of these two points. I know some people with good earning power will argue the transaction fee but for people in developing countries it is a huge thing

At a certain time the low fee structure was a fantastic selling point for Bitcoin, where I could even send transactions without a single satoshi in fees where it gets confirmed instantly. But that was very early 2013 that I am talking about. If you compare the situation back then with how things are right now, then it's clearly visible how large Bitcoin has grown in a matter of years. I quite often see people say that they want Bitcoin to be accepted everywhere, and that they will use it to pay for things. But they either just say it to bump their posts count, or they don't realize that paying steep fees, and waiting for confirmations to come through with every transaction, is simply not convenient compared with using fiat as payment tool. Bitcoin being used as local currency is simply not ideal, but if you purely focus on transacting and purchasing stuff online, then it's a fantastic tool.

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January 20, 2017, 04:39:59 PM
 #142

I quite often see people say that they want Bitcoin to be accepted everywhere, and that they will use it to pay for things.
That might be a real reason why I am choosing bitcoin to adopt and invest for my future.

Bitcoin is going to provide us an opportunity to have single universal currency. When we are having enough merchants to support us to buy anything we prefer then I will be right for choosing bitcoins. I believe very much that situation is going to happen in real soon.



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January 20, 2017, 04:40:31 PM
 #143

Few users have quoted decentralized system to be the main reason to choose bitcoin. In my view its strength is the technology and the increased price. If it doesn't have the biggest price than any other currency, sure we could have seen only half the users than the present to use bitcoin. Importantly its the only virtual currency to have been sustaining long with increased acceptance.

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January 20, 2017, 05:14:30 PM
 #144

The flaws of bitcoin are already known. But it does not say, that  the future of monetary relations between the people behind the cryptocurrency, because it has really huge advantages compared to Fiat money. The only factor that may deter the development of cryptocurrency, it is only to put them outside the law.

   
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January 20, 2017, 05:19:46 PM
 #145

you should choose bitcoin because it will help us to save time, save time like we dont need to go to banks or some atm's just to withdraw for the paper money. you can also use bitcoin as payments for your shopping bill. theres a lot of potentials that bitcoin can make. plus if you choose bitcoin you help the community of bitcoin users to higher the demand of it. the higher the demand of bitcoin the higher the value of it.

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January 21, 2017, 03:43:47 AM
 #146

why dont you include the drawbacks of using bitcoins as well ? if you are explaining bitcoin to somebody then you should explain the whole thing and not only the advantages of using btc. btw, the points that you have listed are nothing new. by doing a quick search about bitcoin on google, anyone can get these points so no need to post those common points again and again. just my 2 cents!

Calm down man and just relax. He's just only stating the fact about what he experienced in bitcoin. Though those He mentioned was very typical reason.  And the thing is lacking that I saw is He forgot to mention, Bitcoin is DECENTRALIZED not centralize.

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January 24, 2017, 04:05:23 PM
 #147

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 !

For what I like most is the number 5, because it is true that bitcoin can be used in money transfer, billings, you do save money also, and ca be use in shopping online on which advertisement who accepted bitcoin. And very very secured to anyone who will use this.

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February 11, 2017, 01:59:17 PM
 #148

We should choose bitcoin and also we should impresse to another for choosing bitcoin  due to its advantage .it provides us a very low transection fee,very fast transaction through Internet etc.so this is the best site for us for online earning.

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February 11, 2017, 02:45:14 PM
 #149

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 !

For what I like most is the number 5, because it is true that bitcoin can be used in money transfer, billings, you do save money also, and ca be use in shopping online on which advertisement who accepted bitcoin. And very very secured to anyone who will use this.

Great for you. I am still looking to come in a position when I can pay all my bills on day 1 of month with Bitcoins. Some of my expenses like mobile bills, already cater with Bitcoin but still much to go.
For me if someone ask why should I choose Bitcoin? Then i will reply-
" To increase the adaptability of Bitcoin. When more will use, more will gain. Using Bitcoin in its own is why one should use Bitcoin! It is backed by some invincible features as mentioned in @OP which makes it currency of future."

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February 11, 2017, 02:51:59 PM
 #150

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 !

For what I like most is the number 5, because it is true that bitcoin can be used in money transfer, billings, you do save money also, and ca be use in shopping online on which advertisement who accepted bitcoin. And very very secured to anyone who will use this.

Great for you. I am still looking to come in a position when I can pay all my bills on day 1 of month with Bitcoins. Some of my expenses like mobile bills, already cater with Bitcoin but still much to go.
For me if someone ask why should I choose Bitcoin? Then i will reply-
" To increase the adaptability of Bitcoin. When more will use, more will gain. Using Bitcoin in its own is why one should use Bitcoin! It is backed by some invincible features as mentioned in @OP which makes it currency of future."

If I will be asked I will definitely say that bitcoin is more than what I expect to be it is. Is more of a job to me than a part time job, it adds income to me. It offers lots of transactions that made my life easier. It is really beneficial nowadays.

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February 11, 2017, 02:56:28 PM
 #151

You should bitcoin because wherever you are, you can do it and you will earn in it. It can be your sideline while you're away at work. Bitcoin helps me a little with my expenses so I'm glad I'm aware in this business. And we don't know this Bitcoin will lead us in our future success.
If you're buying bitcoin or choosing bitcoin basically on purpose to invest, then fulfill your expense doesn't make sense at all unless you're working to earn it. for investing you need to wait pretty much time until the price rising and you will take some profit out of it, and in other side your expense already there, the most logical answer is working for bitcoin .
I think a lot of users are using Bitcoin for the purpose of investing, and this can be a good thing, since there are few investments with the same risk-reward ratio. But I also think there are a lot of people using Bitcoin because of its features, that is, such people have discovered that Bitcoin can somehow help them solve their problems.

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February 11, 2017, 03:01:53 PM
 #152

You should bitcoin because wherever you are, you can do it and you will earn in it. It can be your sideline while you're away at work. Bitcoin helps me a little with my expenses so I'm glad I'm aware in this business. And we don't know this Bitcoin will lead us in our future success.
If you're buying bitcoin or choosing bitcoin basically on purpose to invest, then fulfill your expense doesn't make sense at all unless you're working to earn it. for investing you need to wait pretty much time until the price rising and you will take some profit out of it, and in other side your expense already there, the most logical answer is working for bitcoin .
I think a lot of users are using Bitcoin for the purpose of investing, and this can be a good thing, since there are few investments with the same risk-reward ratio. But I also think there are a lot of people using Bitcoin because of its features, that is, such people have discovered that Bitcoin can somehow help them solve their problems.
In short,people are using bitcoin because of its features and its capability to be a good investment either on short or long terms which is really great because either both ways we could make money on bitcoin but we should still do work hard in able to earn bitcoin.

OrangeII
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February 11, 2017, 03:08:00 PM
 #153

The most simple reason why we should choose bitcoin is because bitcoin has a high price, and may be more easily obtained than cryptocurrency others. besides, bitcoin could be a very good business for now, because I feel that the position of bitcoin same with gold.



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Edraket31
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February 11, 2017, 03:26:38 PM
 #154

The most simple reason why we should choose bitcoin is because bitcoin has a high price, and may be more easily obtained than cryptocurrency others. besides, bitcoin could be a very good business for now, because I feel that the position of bitcoin same with gold.
For me bitcoin really a good source of business now and not could be, because we have proven it. Many of bitcoin users here has been successful doing business with it. Yes we can really compare bitcoin to a gold the difference is that bitcoin has many functions and its prices varies depending on supply and demand.

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Zisove28
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February 11, 2017, 03:32:53 PM
 #155

The most simple reason why we should choose bitcoin is because bitcoin has a high price, and may be more easily obtained than cryptocurrency others. besides, bitcoin could be a very good business for now, because I feel that the position of bitcoin same with gold.
For me bitcoin really a good source of business now and not could be, because we have proven it. Many of bitcoin users here has been successful doing business with it. Yes we can really compare bitcoin to a gold the difference is that bitcoin has many functions and its prices varies depending on supply and demand.

I also choose Bitcoin due to the fact that it has many advantages. Gold does not give such a large profit as the Bitcoin. But we must always be careful
blackhawkeye1912
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February 11, 2017, 03:39:36 PM
 #156

The reason why I choose Bitcoin is:

1. We can trade with this and can make money.
2. Freedom of saving unlimited money in your online wallet.
3. No age limitation as long as you can handle it.
4. It can be the future coin of the world.

those are the advantages why I decided to used it nowadays. Wink
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February 11, 2017, 03:40:05 PM
 #157

Few users have quoted decentralized system to be the main reason to choose bitcoin. In my view its strength is the technology and the increased price. If it doesn't have the biggest price than any other currency, sure we could have seen only half the users than the present to use bitcoin. Importantly its the only virtual currency to have been sustaining long with increased acceptance.
Even the governments agree Bitcoin is a wonder invention without decentralization. So decentralization is actually what makes Bitcoin thick and not necessarily the high price. As a matter of fact, it is the unique attributes of Bitcoin that brought about the wide acceptance and then Economics took the price from down the hill to the top and now looking at the mountain top.

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February 11, 2017, 03:54:35 PM
 #158

Few users have quoted decentralized system to be the main reason to choose bitcoin. In my view its strength is the technology and the increased price. If it doesn't have the biggest price than any other currency, sure we could have seen only half the users than the present to use bitcoin. Importantly its the only virtual currency to have been sustaining long with increased acceptance.
Decentralized way of the currency is really the best thing to make it the best coin and along with that using of it worldwide like email is also a great benefit and most people also come due to it. because they are tired of using the numb older payment processors which were allowed only in some countries of the world and some countries were denied from the use of them.

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praboso96
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February 11, 2017, 04:20:01 PM
 #159

Few users have quoted decentralized system to be the main reason to choose bitcoin. In my view its strength is the technology and the increased price. If it doesn't have the biggest price than any other currency, sure we could have seen only half the users than the present to use bitcoin. Importantly its the only virtual currency to have been sustaining long with increased acceptance.
Decentralized way of the currency is really the best thinkg to make it the best coin and along with that using of it worldwide like email is also a great benefit and most people also come due to it.

under decentralization it is taken to mean that the government can not interfere in this system. Rather it can not intervene. And like many users cryptocurrency.
summer68
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February 12, 2017, 06:23:25 AM
 #160

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 !
Initially I chose bitcoin because of money, bitcoin has unlimited potential, its investment value is very attractive, I have to get a small profit. When I really understand bitcoin, I found a lot of advantages, although there are also disadvantages, but no one is perfect. One thing I'm looking for, the information is safe.

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