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Author Topic: Why Should I Choose Bitcoin ??  (Read 47590 times)
Chicksteen
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April 13, 2018, 07:14:48 PM
 #1841

I would choose Bitcoin only for the fact that I can make some extra money with it by buying when the price is low and selling when the price is high.
This way I can make a profit but the only downfall for me is that waiting is a big part of Bitcoin and I do not like waiting.

I have the same idea. I choose bitcoin as a extra income to support my daily needs. Waiting is also hate but we need to be patient.Bitcoin has all valid points. There's a lot of benefits and it was the international installment. It has a great security information. There's a lot of reason for which we can you choose bitcoin. Major reason, it is a cryptocurrency and  use it anywhere in the world. It is reliable and trustworthy, so that most people have bitcoin will be successful and millionaire.

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April 13, 2018, 07:23:45 PM
 #1842

Choosing and investing in bitcoin, you will get a good profit!
So hurry up, because bitcoin expect a great growth!
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April 13, 2018, 07:42:32 PM
 #1843

you are right, I also prefer btc because it is btc easier to use, besides btc transactions will be faster because btc can be directly exchanged with fiat,
Fedrey
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April 13, 2018, 08:55:06 PM
 #1844

you are right, I also prefer btc because it is btc easier to use, besides btc transactions will be faster because btc can be directly exchanged with fiat,
Today, there are many more services for exchanging crypto currency for whatever currency you want. A couple of years ago this was not at all.

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April 14, 2018, 12:20:31 PM
 #1845

It gives financial freedom to anyone, giving it is not a joke once you achieve there are many things will be change into our lives. Also bitcoin was globally safe and secured. With that things its already a package to me.

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April 14, 2018, 12:30:22 PM
 #1846

Because bitcoin will give us a lots of profit and sure bitcoin have good future for us.
so many people be come success because of bitcoin. and i'm beleived with bitcoin thats why I choose bitcoin.

Pozitiw[4]ik
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April 14, 2018, 12:44:06 PM
 #1847

Bitcoin is making our life easier when it comes to transaction and also giving us the chance to be rich in the future that is why people choose bitcoin.
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April 14, 2018, 01:25:36 PM
 #1848

Bitcoin is the best crypto currency and therefore it should be chosen. In addition to all these advantages, decentralization can also be noted.
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April 14, 2018, 01:44:26 PM
 #1849

Because bitcoin will give us a lots of profit and sure bitcoin have good future for us.
so many people be come success because of bitcoin. and i'm beleived with bitcoin thats why I choose bitcoin.
For me profit is not everything. I choose to invest in bitcoin partly because of the profitability of one part because I like blockchain technology a great technology. That's why I invested in bitcoin
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April 14, 2018, 02:54:39 PM
 #1850

Because bitcoin will give us a lots of profit and sure bitcoin have good future for us.
so many people be come success because of bitcoin. and i'm beleived with bitcoin thats why I choose bitcoin.
For me profit is not everything. I choose to invest in bitcoin partly because of the profitability of one part because I like blockchain technology a great technology. That's why I invested in bitcoin

So, if you choose bitcoin because of, as you say, you like blockchain technology, then why you not invested in other altcoins as most of them also use blockchain technology. And if talk about profitability with such price, bitcoin might make you 30-100% max in  year, and most of alt coins what have more pluses than bitcoin can probably make you 100 - 1000%.
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April 14, 2018, 03:17:05 PM
 #1851

Choosing a bitcoin is a very good and profitable thing, now everyone knows about bitcoin so it only takes a short time to make bitcoin as an international currency, so I never worry about the futture of bitcoin.
People should choose bitcoin because many people in this world can able to make money with the strongest crypto and that is bitcoin, and if you dont want to have regrets in life you should choose and invest with bitcoin to make a lot of money here in crypto world.

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April 14, 2018, 03:57:01 PM
 #1852

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 !
Most current investors choose Bitcoin as their primary currency when investing. We see that Bitcoin is a currency that has a lot of influence on other currencies. It is believed that Bitcoin and virtual money cannot be trusted because too many co-founders have caused fraud.
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April 14, 2018, 04:31:56 PM
 #1853

You should choose bitcoin because for my speculation this is our future money. Some countries are using bitcoin already as their money.
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April 14, 2018, 04:42:52 PM
 #1854

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 !
Bitcoin is something that most investors use in today's economy. In developed and populated countries like China, they are very interested in Bitcoins and virtual currencies because of this. This has made the country's economy more robust in recent years.
kyoshiro0911
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April 14, 2018, 04:48:55 PM
 #1855

because in bitcoin, earning is easy. You just have to embrace the nature of bitcoin, respect the rules here and there you go,you are earning big at the same time learning a lot of stuff.
Janation
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April 14, 2018, 04:52:56 PM
 #1856

You should choose bitcoin because for my speculation this is our future money. Some countries are using bitcoin already as their money.

Really? Can you give us a link about this? Give us a proof since you are wrong. Bitcoin is a good digital currency and it is expensive to start with and it still has a great possibility of pumping in the future. There is a lot of altcoins out there that will give you a good profit but I think Bitcoin will do it better than those currencies.

stripewhite
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April 14, 2018, 07:04:24 PM
 #1857



1. Secure online transactions. Currently people use credit cards which are insecure for online transactions because the transaction details are reusable. A merchant (or thief) who has the credit card details can use those to charge against your account. Typically credit card companies cover this type of fraud, but in reality this "cost" is actually passed over to merchants who then pass the cost over to consumers. That's why in theory a merchant should be able to give bitcoin users a discount... because the layer of fraud that adds cost is no longer there. I'll also add that you get a tad bit of anonymity because you do not need to provide your name or information to merchants. So paying for pornography would be more discreet for example.

2. Bail-ins. Across the world there are more and more banks who are etching in the ability to have bail in situations where when they go insolvent, the necessary funds are then taken from depositors accounts without their permission.

3. Negative interest rates. They are not popular across the world yet but they exist and in the unsustainable bubbles that quantitative easing cause, it could become more widespread in the future. Paying a bank to store your money (in addition to inflation) will reduce your wealth more quickly.

4. The borderless aspect. Currently most money has to move traditionally through slow cumbersome systems that can typically add large fees on top. With bitcoin, anyone could be paid and there are no borders or boundaries. This certainly has advantages in many areas... remittance for example. The savings would be even greater in the case of remittance if bitcoin was used more widely and didn't need to be converted to other currencies at each end. Capital controls are another area that fit under this feature. Some countries want to limit where you can send your money so they can keep your wealth inside the country. But maybe you just want to leave?

5. The irreversibility of transactions makes consumer to merchant fraud near impossible. This has special applications. There are some areas in the traditional economy where consumer to merchant fraud is rampant... such as the selling of virtual goods and probably pornography. Some argue that it is a bad thing but the point is that it is better to have irreversibility with the option to have reversibility on top than it is to have only reversibility with no irreversibility option.

6. Deflation. Currently the USD is said to have 3.5 % inflation. Some reports say this is actually underestimated. If you keep large amounts of your wealth in money then you are losing more than the average person through inflation. In theory bitcoin will be deflationary but right now it is too volatile (small) to be considered either inflationary or deflationary. There is also the obvious profit potential of bitcoin I will include here. A normal dollar has 100 units of value. so $1.00 is a dollar and 100 cents make up a dollar. Bitcoin on the other hand looks like this 1.000000000. Because there are only a maximum of 21 million coins there has to be a way for each bitcoin to represent large amounts of value. If one coin was worth a million dollars then it's smallest unit .0000000001 (one satoshi) would be worth one cent. But that isn't all.... in the future if it was necessary there could be more units added so it could be divided further. This means that even though we are not in a steady deflationary period there is tremendous profit potential. Essentially owning bitcoin means that you own not only the monetary unit but a piece of the whole infrastructure that makes up the bitcoin network.

7. Programmable money. Some will say bitcoin is really a protocol. Just like how email is a protocol for sending messages. Bitcoin is a protocol for sending money. The value this provides is very underestimated. There will be people who will innovate with bitcoin and provide features that ordinary money simply can't do. For instance the writer of a popular blog could provide an address that they can be tipped with. Someone can tip them with bitcoin and neither of the two parties need to know any financial details of the other. The tipper doesn't need to make an account somewhere and load up their account with funds. They just send money directly to the public key that is represented by a QR code. A beggar could sit on the roadside with a sign that just displayed the public key of their wallet. A passerby could take a picture and post it to a forum. A user of that forum could send funds directly to that beggar, using the picture as the only piece of necessary information to make the transaction. Another user will be able to send a bitcoin to their descendants... 100 years into the future in a time locked transaction. That means that the bitcoin will get carried around in their will and passed on for generation after generation until it can be spent. In 100 years. If estates were converted to bitcoin at the end of ones life the whole entire process of dividing things could be automated for example. These are just a tiny fraction of the possibilities.

8. Built in multi sig. Having transactions with the ability to have multiple signers opens up the possibilities for fancy things. You could have automated escrow... where 2 of 3 signatures are needed for a transaction to process. If you and the person you are trading with agree then you would both sign. The third signature would be an escrow agent who would intervene in the case of a dispute. By having 2 of 3 signatures it means that the escrow agent cannot run away with the funds. That's just one example. Also in this category I would put the ability to break keys into n of m pieces. You can divide a key so that it requires 2 of 3 pieces to reconstruct... or 3 of 4 and so on. This makes the storage of your bitcoins very versatile. It makes it potentially more secure than anything else you can own. For example you could break a private key into 3 of 4 pieces. 1 piece can go to the safe deposit box in a bank. 1 piece can go to another bank in a different country. 1 piece can be kept in a safe in your house. Another piece could be memorized in your head. The only way a thief could acquire your bitcoins is if they broke into 2 banks in 2 different countries and then found their way into your safe as well. If you personally wanted to retrieve the funds you would have one piece memorized, one in your safe, and pick the bank of your choosing. If you forgot the memorized key you would still be fine because there are 3 pieces left.

9. Bitcoin 2.0. If you haven't already figured it out yet, the money part of bitcoin is just the first application on a platform that is the bitcoin platform. The ability to prove asset ownership is what makes the bitcoin platform have great potential.... maybe even moreso than the money aspect. Already some companies are using this aspect. A bond was issued by Patricky byre @ overstock. Degrees are being published on the blockchain. Pay and go car leasing with the agreement all done through the blockchain is being experimented with. The amount of middle men this could cut out and the amount of potential industries it could disrupt is staggering.

10. Monetary Sovereignty. Mankind has never really owned their own money before. It's always been owned by their rulers. In the case of the United states that would be the Federal Reserve and it's board members . The Fed is not a part of government, but rather a private cabal. Even when our government had a currency actually backed by reserves it was only fractionally backed and therefore just an illusion. Bitcoin gives the ability for people to actually own their own money. You can't possibly own something if someone else can dilute the value of it by making more and taking it from you through inflation. With bitcoin the amount that will be created is known and that is it.

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April 15, 2018, 11:26:06 AM
 #1858

All valid points and those are the only that I can think of that anyone can really ask for when choosing to use bitcoin in the first place. Smiley

Yes sir. I thin he just listed everything about btc that is in favor of us in so many ways and is really easier for everyone who owns bitcoin. If they aren't yet then they would think of how nice of an investment bitcoin is.

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April 15, 2018, 11:31:54 AM
 #1859

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 choose bitcoin because it's low charges and fees. Bitcoin transactions cost very little as compared to normal transactions. Since no third party is involved, Bitcoins are moved by the users between themselves without any additional costs. Through the Bitcoin online exchange platforms, one is able to transact for free.
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April 16, 2018, 04:28:20 AM
 #1860

Because bitcoin will give us a lots of profit and sure bitcoin have good future for us.
so many people be come success because of bitcoin. and i'm beleived with bitcoin thats why I choose bitcoin.
For me profit is not everything. I choose to invest in bitcoin partly because of the profitability of one part because I like blockchain technology a great technology. That's why I invested in bitcoin
Yes bitcoin is the best invention and after the arrival of blockchain bitcoin become double in profit and triple in popularity gradually bitcoin is getting more and more famous so better if you hold it, invest it and make your future brighter, blockchain made bitcoin safer to hold as it is an unshockable wallet and safest way to preserve your bitcoin for long time, I hold my bitcoin and I am very happy as it gives me money and increase income with passage of time.

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