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Author Topic: Why Should I Choose Bitcoin ??  (Read 47373 times)
tigershark
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July 11, 2017, 06:35:51 PM
 #421

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 !

It's also beneficial that we can store bitcoins without relying on any government or bank. It is completely independent so it gives us more freedom with our money.

Another benefit is that it is deflationary so it should gain value over time relative to US dollars or any other fiat currency.
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July 11, 2017, 06:46:09 PM
 #422

In the situation when there are over 700 cryptocurrencies and new ones appear each day it seams like it's not easy to choose. But actualy it is. If you want a cryptocurrency with highest value, the most accepted and that could be used in real life for real things then the choice is Bitcoin. If your only goal is trading then you can pick up some altcoins and not necessary the Bitcoin.

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charlescoin
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July 11, 2017, 08:25:36 PM
 #423

there are many reasons to choose bitcoin. I am going to show some of the reasons, basically, Bitcoin is the largest and profitable virtual investment and currency. bitcoin provides huge facilities to hide information of users, it provides ultimate security and low fees facilities. So why people do not choose this lucrative currency...?

Bitcoin was the most profitable investment but going ahead no one can know, at times its also seemed like it was the worst. The fact that it hides information can be a double edges sword. As far as security one could say its more prone to hacks and theft so its less secure. For fees its more expensive for the majority of world transactions which are of a value below $10.

Your arguments as to why bitcoin should be chosen aren't well thought out.
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July 11, 2017, 09:52:27 PM
 #424

Bitcoin is the best way to earn money n establish youself.It promises fast earnings and is easy to work on. u can buy anything wid d money u have earned n dona lot of things

Always remember that bitcoin is not only an easy way to earn money, but also a big risk. A cryptovolta can be very unstable and no one can predict what price will be tomorrow. This attracts investors and frightens them
not because you use bitcon does not mean your not going to risk it first of all when you using bitcoin and exchange your money to bitcoin currency it is risk already coz bitcoin is not stable it may decrease the price nor increase depending on the user and the demand it self. If your not going to risk then how you can earn anyway?

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July 11, 2017, 09:54:53 PM
 #425

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!

Please have a look on the question again, question is why should I choose bitcoin? It means that we have to give the advantages of bitcoins that why we chose it and why everybody should choose it. The question is not about explaining that what is bitcoin?, it is about why only bitcoin?. I hope you get the point now.

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July 11, 2017, 09:56:12 PM
 #426

No expenses/low charges are enough reason to buy bitcoin.
Banking was and is expensive, always. Bitcoin gave us great option to fix that.



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EdenHazard
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July 11, 2017, 10:13:44 PM
 #427

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 !

It's also beneficial that we can store bitcoins without relying on any government or bank. It is completely independent so it gives us more freedom with our money.

Another benefit is that it is deflationary so it should gain value over time relative to US dollars or any other fiat currency.
i agree it is like a freedom , you are free to open your account without have to do useless thing like when you did it in the bank , no third party just you. and also i feel really satisfied when bitcoin solve my global payment , before bitcoin i have to do a lot of things to buy something from foreign site.

but now everything run so easy and of course even with a benefit to pay less because of the bitcoin volatile.

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July 11, 2017, 11:02:24 PM
 #428

you should choose bitcoin because bitcoin is the most influencesive on all other crypto currency and bitcoin could be served as a good investment on its self because bitcoibn price is really crazy increasing right now . unlike other crypto currency yes it's cheaper but are you sure you can make a lot money from it ?

True, because when people search for cryptocurrencies they will know about Bitcoin and they are going to be fall with it's market value and it's price. If they searched for it's history they will know how Bitcoin struggled in this past years and they will know that Bitcoin is still going strong dispite from it's challenges not only on Bitcoin itself but also it's competition to other cryptocurrencies. And they will think that Bitcoin is worth investing learned from it's experience.



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July 12, 2017, 01:24:07 AM
 #429

In the situation when there are over 700 cryptocurrencies and new ones appear each day it seams like it's not easy to choose. But actualy it is. If you want a cryptocurrency with highest value, the most accepted and that could be used in real life for real things then the choice is Bitcoin. If your only goal is trading then you can pick up some altcoins and not necessary the Bitcoin.


Yes maybe we can say right now bitcoin is always the first choice when it comes on choosing a crytpcoin but what about the next years or decade? There's a lot of innovation that is happening on new coins so I'm feeling that there will be a new coin that will top out bitcoin.
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July 12, 2017, 02:52:50 AM
 #430

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 think you were wrong in some of your examples have given.
Bitcoin is a virtual currency that can be used to trade or trade on the internet but its transaction confirmation period is not fast and almost any transaction costs money. However, it still has advantages over cash in some things such as: global transactions, simple transaction operations, high security.

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July 12, 2017, 03:01:41 AM
 #431

Bitcoin is the best way to earn money n establish youself.It promises fast earnings and is easy to work on. u can buy anything wid d money u have earned n dona lot of things


Bitcoin could be the best way to earn money online, but bitcoin also can be used for online transaction and it's really good choice to choose bitcoin as the payment, because it's easy to use, low fee transaction and also safe.
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July 12, 2017, 03:47:10 AM
 #432

why should i choose bitcoin? for me i wouldn't choose bitcoin , why? because signature campaigns in bitcoin gives low amount of money or btc , while in altcoins , it doubles the value than the bitcoin

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July 12, 2017, 04:00:07 AM
 #433

Bitcoin is the best way to earn money n establish youself.It promises fast earnings and is easy to work on. u can buy anything wid d money u have earned n dona lot of things


Bitcoin could be the best way to earn money online, but bitcoin also can be used for online transaction and it's really good choice to choose bitcoin as the payment, because it's easy to use, low fee transaction and also safe.

i consider my btc wallet as a bank now,mostly I used my wallet for paying bills as well as eloading, I sometimes used it also when sending money to my family then they are the one who will do the cashout. It is convenient and secured since we alane can access it anytime plus that even by holding it the value can increase.

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July 12, 2017, 04:31:53 AM
 #434

Bitcoin is the best way to earn money n establish youself.It promises fast earnings and is easy to work on. u can buy anything wid d money u have earned n dona lot of things


Bitcoin could be the best way to earn money online, but bitcoin also can be used for online transaction and it's really good choice to choose bitcoin as the payment, because it's easy to use, low fee transaction and also safe.

i consider my btc wallet as a bank now,mostly I used my wallet for paying bills as well as eloading, I sometimes used it also when sending money to my family then they are the one who will do the cashout. It is convenient and secured since we alane can access it anytime plus that even by holding it the value can increase.

We cannot point on single benefit for having bitcoins as it has multiple benefits and is helping us in many ways for me I have bitcoins only because its an great source of income as well as I can send money to my family very easy with least fees.

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July 12, 2017, 04:41:36 AM
 #435

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 me bitcoin is easy to use and easy to withdraw.I am glad I knew about bitcoin.

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July 12, 2017, 04:56:51 AM
 #436

For me quick transactions are very important that can be done from anywhere at  any time and I think bitcoin is the best when it comes to money transfers as there are no bank holidays in it and bitcoin transactions are available 24/7.

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July 12, 2017, 09:47:13 AM
 #437

Most of all, bitcoin have the highest value amongst other cryptocurrency. And unlike fiat currency, it is decentralized which makes it uncontrollable by the banks and governments. It is easy to carry and you can have faster transactions using bitcoin. You can easily cash in and out anytime you want. And what's great about bitcoin is that it is undestructible. And it has a lot of potential in the market. Its value might be lower during the past few weeks but yhe potential is there so there's a huge possibility for its price to hike given a reasonable amount of time. You can easily double or triple your investment and all you have to do is wait for the right time.

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July 12, 2017, 09:52:17 AM
 #438

There are couple of reasons - First you can transfer BTC very easily to anyone and anywhere instantly .
The fees though have increased now previously it was very cheap . Also it is a very good option to invest as this is the best in terms of return over couple of years .



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July 12, 2017, 12:33:36 PM
 #439

There are couple of reasons - First you can transfer BTC very easily to anyone and anywhere instantly .
The fees though have increased now previously it was very cheap . Also it is a very good option to invest as this is the best in terms of return over couple of years .


plus that it can be our official bank , the developed wallet for btc were too many features that we don't need a bank to assist us on our savings and it is convenient to use and easy to understand as well.


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July 12, 2017, 12:53:39 PM
 #440

I think
1. Easy and Not Difficult. This bitcoin investment has advantages or plus value of ease of running it. Bitcoin investment is fairly easy because it can be done remotely (online) from wherever investors are. Just by turning on your computer or smartphone and internet network, then you are ready to run this investment.
2. Minimum deposit, bitcoin investment does not have to be in large quantities. Minimum Rp.100.000, - can already Do Trasaksi in Bitcoin. Deposit the greater the profit also More.
3. Bitcoin is Global. No Bitcoin used in just 1 country is definitely used in some countries. Because in essence Bitcoin as a means of payment across countries. It can expand the currency market itself to encourage a growth in value supported by increasing demand.
4. Bitcoin is not a flat income that offers a percentage percentage per month. Because the fluctuations in value are determined by the increase and decrease in the number of market demand and supply. Many of the world's rich people are created from this price boom. They buy cheaply and sell it by repeatedly more expensive.
5.Bitcoin Tax Free. Unlike land and property taxed, Bitcoin is not taxed. With this situation of course you will be more profitable and invest.
6. If you want to do business Bitcoin there are two factors that make Bitcoin potentially have a price increase. The first factor is system marketing and the second factor is market demand.

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