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Author Topic: Why Should I Choose Bitcoin ??  (Read 33841 times)
Denker
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September 22, 2016, 12:07:59 PM
 #81

Not only you i think all of us we need to use bitcoin, bitcoin can gives us wealth in the future, and it is very convenient to use even at home we can do paying our bills with rebates and many transaction in online.

Right now Bitcoin is mostly "convenient" for teach savvy people.
There are lots of things which have to be improved and simplified.
Furthermore you can pay your bills with other payments methods as well, which are more convenient than Bitcoin in it's actual status.
Sure Bitcoin is having huge potential, especially for people in 2nd and 3rd world countries.
But it will take time and lots of education and clarification to get more and more people on board.

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September 22, 2016, 01:03:14 PM
 #82

Bitcoin has greatly grown from 2014  and it is still going through a lot of marketing support .Bitcoin is far best one of the payment available to us now a days.it is not only flexible but safe as different block are generated creating impossible to hack down.Different service are also taking further step to take digital currency to more convenient way of exchange.


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September 22, 2016, 01:17:42 PM
 #83

What I like to enphasize is the possibility of earn profit by your self enforcement. I mean, I use my own energy system and by doing this I can mining Bitcoin. This reward for your contribution is unique and it's linked with the decentralization point the ungovenment currency. I choose Bitcoin as my main currency and every penny I have remaining I don't give to any bank, I buy Bitcoins and some altcoins.

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September 22, 2016, 01:18:33 PM
 #84

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 !
There are more reasons to choose bitcoin in the first place bitcoin has more activities can do in the internet world even so say that you know all everything about bitcoin bitcoin is one of the best cryptop currency as of now and it is still increasing (hope this will be more increase before the year ends ) and the main reason why you should choose bitcoin is because bitcoin can help you to make money online

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September 22, 2016, 01:20:53 PM
 #85

Not only you i think all of us we need to use bitcoin, bitcoin can gives us wealth in the future, and it is very convenient to use even at home we can do paying our bills with rebates and many transaction in online.

Government bills like water or electricity will not be possible now and it's possible once the government makes the bitcoin as centralised currency only.
I chose bitcoin due to its transparency and consistent price rise. This we need for all stock in the market.



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September 22, 2016, 01:23:51 PM
 #86

Not only you i think all of us we need to use bitcoin, bitcoin can gives us wealth in the future, and it is very convenient to use even at home we can do paying our bills with rebates and many transaction in online.

Government bills like water or electricity will not be possible now and it's possible once the government makes the bitcoin as centralised currency only.
I chose bitcoin due to its transparency and consistent price rise. This we need for all stock in the market.
it's still possible to pay government's bills,if there's any 3rd party that could help you to pay the bills then it's really possible
even though there's none so far,but i'm sure someone will eventually starting this business


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September 22, 2016, 01:29:41 PM
 #87

Not only you i think all of us we need to use bitcoin, bitcoin can gives us wealth in the future, and it is very convenient to use even at home we can do paying our bills with rebates and many transaction in online.

Government bills like water or electricity will not be possible now and it's possible once the government makes the bitcoin as centralised currency only.
I chose bitcoin due to its transparency and consistent price rise. This we need for all stock in the market.
it's still possible to pay government's bills,if there's any 3rd party that could help you to pay the bills then it's really possible
even though there's none so far,but i'm sure someone will eventually starting this business

Yes he is right. You can pay bills thru a 3rd party. The wallet exchange will be the one paying it for you and it is faster. I dont want to go there and queue with so many people that is just waste of time so I would rather pay up with the 3rd party and I receive some rebate that is way better.

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September 22, 2016, 02:30:25 PM
 #88

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!

And before all, you should explain that Bitcoin essentially is a financial pyramid so far, and someone will be left holding the bag in the end. But this may be still in the distant future while the fiat money you are earning today is losing value day by day due to inflation gradually eating away its value...

And which lasts longer (Bitcoin or the currency you get paid with) cannot be said with any degree of certainty
So what will you choose, potential financial pyramid (and so far it doesn't seem to be that) are you worried that Satoshi one day will crash the market with his coins?
Or we should choose simply rotten FIAT system with rampant inflation, behind the scene qualitative easing and parasitic institutions?

It is a financial pyramid, and has been that right from the start. It has a capacity to turn into a true currency (which is what Satoshi seems to have envisioned himself). But Bitcoin main advantage is that its userbase is tiny as of yet when compared to that of any major currency out there. So, Bitcoin may in fact last longer than at least some of these currencies (for example, euro)...

Even despite the fact that right now there are clear-cut losers and winners among Bitcoin users

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September 22, 2016, 03:07:46 PM
 #89

It is a financial pyramid, and has been that right from the start.
I never agree it is a pyramid type of scheme, if it is so then all company shares are based on financial pyramid or even gold is based on that.

Bitcoin is gaining its value based on its demand and it benefits more to the holder on how long he holds it, if you are considering a hidden pyramid within that, then our total economic system is based on it.

An apple farmer is harvesting apples with the speculation of gaining $2, so he will spend up to $1. A wholesale trader, buying from farmer for $2 and he is selling it to retailer for $3. Same thing is happening from retailer to customer for $4. Do you smell pyramid in this ?

 

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September 22, 2016, 03:41:49 PM
 #90

Not only you i think all of us we need to use bitcoin, bitcoin can gives us wealth in the future, and it is very convenient to use even at home we can do paying our bills with rebates and many transaction in online.

Government bills like water or electricity will not be possible now and it's possible once the government makes the bitcoin as centralised currency only.
I chose bitcoin due to its transparency and consistent price rise. This we need for all stock in the market.
it's still possible to pay government's bills,if there's any 3rd party that could help you to pay the bills then it's really possible
even though there's none so far,but i'm sure someone will eventually starting this business

Yes he is right. You can pay bills thru a 3rd party. The wallet exchange will be the one paying it for you and it is faster. I dont want to go there and queue with so many people that is just waste of time so I would rather pay up with the 3rd party and I receive some rebate that is way better.
Looks like we are the same place and we are using the same wallet for withdrawal.. yeah this is one of the good thing that you can pay your monthly bills easily without going outside in your house..  rebate is one of the good thing because you can get % rebate for every paying bills or buying load or many services they are giving. and i thing they are adopting more their wallet.

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September 22, 2016, 04:50:47 PM
 #91

It is a financial pyramid, and has been that right from the start.
I never agree it is a pyramid type of scheme, if it is so then all company shares are based on financial pyramid or even gold is based on that.

Bitcoin is gaining its value based on its demand and it benefits more to the holder on how long he holds it, if you are considering a hidden pyramid within that, then our total economic system is based on it.

An apple farmer is harvesting apples with the speculation of gaining $2, so he will spend up to $1. A wholesale trader, buying from farmer for $2 and he is selling it to retailer for $3. Same thing is happening from retailer to customer for $4. Do you smell pyramid in this ?

yeah i agree in pyramid scheme usually you have at the end that only the first were doing something, but here the first weren't doing anything at the beginning, because there was no value at the start of bitcoin, it's just trading and nothing else, one can also argue that trading itself is a ponzi scheme too lol



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September 22, 2016, 05:32:51 PM
 #92

yes and i always prefer these points most while explaing about btc to anyone these are the one word things but are 100% real nothing is lye in these

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September 22, 2016, 05:51:24 PM
 #93

yes and i always prefer these points most while explaing about btc to anyone these are the one word things but are 100% real nothing is lye in these
Just today I was reading an article about some new born cryptocurrencies that just fail apart without getting some good results as currencies. That is one of my reasons why I choosed bitcoin. It already showed itself as the currency trustworthy, just the site and exchangers that work with that still looking as just a scam for me from time to time. 

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September 22, 2016, 06:24:15 PM
 #94

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 !
we should choose bitcoin because with bitcoin you can manage your own money without get monthly charge for saving and another benefit you can get profit if the price rise.

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September 22, 2016, 06:29:39 PM
 #95

It is a financial pyramid, and has been that right from the start.
I never agree it is a pyramid type of scheme, if it is so then all company shares are based on financial pyramid or even gold is based on that.

Bitcoin is gaining its value based on its demand and it benefits more to the holder on how long he holds it, if you are considering a hidden pyramid within that, then our total economic system is based on it.

An apple farmer is harvesting apples with the speculation of gaining $2, so he will spend up to $1. A wholesale trader, buying from farmer for $2 and he is selling it to retailer for $3. Same thing is happening from retailer to customer for $4. Do you smell pyramid in this ?

Apples have direct use (you eat them), shares give a possibility to profit off a company that produces goods or provides services that have direct use. The price and the number of resellers is irrelevant, so your analogy is neither here nor there. Bitcoin has no use beyond that of a currency (a means of payment for goods and services), and if it is not being used as such, then it is no more than a financial scheme token. Let's face the facts, the vast majority of Bitcoin users are pure profiteers which are paid (or hope to be paid) from the money that new users bring (when the latter buy bitcoins from the former). You may call them whatever name you like (investors, traders, etc), but this won't change a thing...

Just like you never agreeing that Bitcoin is a sort of pyramid scheme

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September 22, 2016, 06:34:01 PM
 #96

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 !
we should choose bitcoin because with bitcoin you can manage your own money without get monthly charge for saving and another benefit you can get profit if the price rise.
The best and good thing about bitcoin is the fee for every transaction or you can also use online wallet that has no transaction fee for every transaction..
This is a good thing that i notice because when i was using paypal and dealing to others i am paying a large amount of fee i dont like the payment fee in paypal because they are asking high fee even sending it as your friend.


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September 22, 2016, 06:53:59 PM
 #97

Many things that why we should choose bitcoin instead of other.. because i want here is the fee is low the transaction speed not so fast but minimal its ok for me.. its easy to use than the other that you need to verified first before you can fully use it its easy to deposit money into bitcoin and withdraw it easily unlike paypal that it takes a week before you can receive your money.

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Iceborn
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September 22, 2016, 07:09:13 PM
 #98

I think you should choose the bitcoin because its way better with its prices, and also the controllability of it is way better than other currency's.
I think that its also that its profitable by just holding so that is another plus point.
el kaka22
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September 22, 2016, 08:43:15 PM
 #99

It is a financial pyramid, and has been that right from the start.
I never agree it is a pyramid type of scheme, if it is so then all company shares are based on financial pyramid or even gold is based on that.

Bitcoin is gaining its value based on its demand and it benefits more to the holder on how long he holds it, if you are considering a hidden pyramid within that, then our total economic system is based on it.

An apple farmer is harvesting apples with the speculation of gaining $2, so he will spend up to $1. A wholesale trader, buying from farmer for $2 and he is selling it to retailer for $3. Same thing is happening from retailer to customer for $4. Do you smell pyramid in this ?

Apples have direct use (you eat them), shares give a possibility to profit off a company that produces goods or provides services that have direct use. The price and the number of resellers is irrelevant, so your analogy is neither here nor there. Bitcoin has no use beyond that of a currency (a means of payment for goods and services), and if it is not being used as such, then it is no more than a financial scheme token. Let's face the facts, the vast majority of Bitcoin users are pure profiteers which are paid (or hope to be paid) from the money that new users bring (when the latter buy bitcoins from the former). You may call them whatever name you like (investors, traders, etc), but this won't change a thing...

Just like you never agreeing that Bitcoin is a sort of pyramid scheme
The antiques do not have any real use other than emotional bonding, still they are gaining value over time.

Bitcoins or apples or collectibles are gaining their value due to demand not just due to real usage. Apple will get lower market value on sessions due to over supply yet it will have 'direct use'.

Bitcoin has the dual properties to be used as medium of exchange and investment asset. Having more good characteristics will attract continuous new investors so bitcoin may seem like part of pyramid scheme, still it complies with basics of strong economy.

 

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deisik
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September 22, 2016, 08:59:57 PM
 #100

It is a financial pyramid, and has been that right from the start.
I never agree it is a pyramid type of scheme, if it is so then all company shares are based on financial pyramid or even gold is based on that.

Bitcoin is gaining its value based on its demand and it benefits more to the holder on how long he holds it, if you are considering a hidden pyramid within that, then our total economic system is based on it.

An apple farmer is harvesting apples with the speculation of gaining $2, so he will spend up to $1. A wholesale trader, buying from farmer for $2 and he is selling it to retailer for $3. Same thing is happening from retailer to customer for $4. Do you smell pyramid in this ?

Apples have direct use (you eat them), shares give a possibility to profit off a company that produces goods or provides services that have direct use. The price and the number of resellers is irrelevant, so your analogy is neither here nor there. Bitcoin has no use beyond that of a currency (a means of payment for goods and services), and if it is not being used as such, then it is no more than a financial scheme token. Let's face the facts, the vast majority of Bitcoin users are pure profiteers which are paid (or hope to be paid) from the money that new users bring (when the latter buy bitcoins from the former). You may call them whatever name you like (investors, traders, etc), but this won't change a thing...

Just like you never agreeing that Bitcoin is a sort of pyramid scheme
The antiques do not have any real use other than emotional bonding, still they are gaining value over time.

Bitcoins or apples or collectibles are gaining their value due to demand not just due to real usage. Apple will get lower market value on sessions due to over supply yet it will have 'direct use'

There is no demand without usage. You are essentially claiming that demand is a thing that exists by itself while it only reflects how much of something is desired by buyers at different prices, or, more generally, that something is considered as useful on the whole. Following your logic, though, it could be inferred that the thing which is in demand shouldn't necessarily have any usage, i.e. be useful for attaining an aim, which apparently is complete bullshit. Even demand for Bitcoin has, for the most part, its roots in its usage as a speculative vehicle ("buy low sell high"). I don't think that any rational individual would buy bitcoins without intention of using them for a purpose (whatever it might be)...

Just in case, antiques satisfy emotional and cultural needs of a person, or simply let him feel superior before his friends and companions

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