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Author Topic: Why use Bitcoins ?  (Read 13317 times)
Wintersoldier
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July 21, 2017, 03:05:58 PM
 #41

Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value

If developers agreed with that position, they would just stop working on scaling solution, and only fix some minor bugs. But that would make Bitcoin no different (except for amount of hashing power) from any altcoin, since they all have pretty similar structured blockchains and features that come with it. So, even if Bitcoin just an investment for you, you still should support changes that can one day make it a viable currency for masses, because that's what will give it the biggest value out of all cryptocurrencies.
All is see to bitcoin is a brighter future that is obviously open on further development. Bitcoin as a form of crypto-currency is a way or an option for people to have a purpose on transaction. It is more reliable and fast at the same time compare to fiat. And as a  part of technology bitcoin is more centralized in the market if people will choose to used it as a form of transaction on a daily basis. But the best part is bitcoin does have development in all aspect that is aligned to the support of the people so if we choose bitcoin and used it we develop it more.
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July 21, 2017, 04:32:41 PM
 #42

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.  
If you cannot see the benefits that is because you don’t want to see them, you can buy stuff from amazon in purse.io and get a discount between 10 to 20% on your purchase, if that is not enough for the average person especially when you add the fact that bitcoin goes up in value periodically then I do not know what to say to you.

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July 21, 2017, 04:35:00 PM
 #43

Why people will not use Bitcoin?The world now knows about Bitcoin,what is its advantage?People who are online currency traders know better about Bitcoin.Now you say why use Bitcoin?
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July 21, 2017, 04:43:20 PM
 #44

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   
Bitcoin ought to be treated like a asset. But you treat bitcoin as if its nothing.The price of  bitcoin is volatile.Its worth every penny for spending on transaction fees for, your transactions would be anonymous and no government controls it .The price hike this week is also a reason why bitcoin is an asset,just like gold or any rare valuable resources  and not some grocery that an average consumer buys regularly.


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bobitza
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July 21, 2017, 04:50:42 PM
 #45

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   

I think most people use bitcoin for profit, they follow the trend of the world, they start looking for other opportunities in life, and bitcoin is like a delicious piece of cake, they just give up a little bit money to buy, and they can eat a lot.

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cotton ball
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July 21, 2017, 04:51:35 PM
 #46

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.  
If you cannot see the benefits that is because you don’t want to see them, you can buy stuff from amazon in purse.io and get a discount between 10 to 20% on your purchase, if that is not enough for the average person especially when you add the fact that bitcoin goes up in value periodically then I do not know what to say to you.

In addition, bitcoin is also suitable for asset use, it is suitable for people who use it as a companion with fiat, people who are stable choose bitcoin means already understand this. Daily crypto traders are also familiar with bitcoin and may have thrown their thinking About forex, economic goals and a sense of comfort for one business makes it more attractive to prioritize.
darkrose
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July 21, 2017, 04:57:12 PM
 #47

use bitcoin because of its benefits, it's fast, it's cheap to use, it's private, and central governments can't take it away,you can use it anywhere in the world, to send value almost instantly, nearly for free, transferring bitcoins costs just a few pennies and you can send as much value as you want. it’s important to remember that bitcoins can’t be counterfeited or duplicated, the cherry on top is that transactions are conducted in a peer-to-peer method, without the need for a bank or third party to oversee it, bitcoin also provides financial freedom
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July 22, 2017, 04:25:33 PM
 #48

Its worth every penny for spending on transaction fees for, your transactions would be anonymous and no government controls it .

Bitcoin transactions are not anonymous. I do like that no government directly controls it.

If you cannot see the benefits that is because you don’t want to see them,

Reminds me of the story The Emperor Wears No Clothes

you can buy stuff from amazon in purse.io and get a discount between 10 to 20% on your purchase, if that is not enough for the average person especially when you add the fact that bitcoin goes up in value periodically then I do not know what to say to you.

There is more to this hyped up story. Amazon with purse.io has very mixed reviews, fees and some risk involved. You buy the bitcoins at an inflated price you then buy a gift card that has a high likelihood of being purchased with a stolen credit card. If and when you get your product it will probably have no warranty or return policy because the gift card was non-transferable, if it was bought with a stolen card Amazon very well might come after you.

But seems as if the bitcoin bulls took it ran with it and feed it to the sheep and they happily ate it up.


bitcoin cost less if you send money to your friends that live in another country, international wire transfer cost a lot of money,

I keep seeing this. I see future in this and remittances to countries like Mexico. 
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July 22, 2017, 05:01:07 PM
 #49

iam use bitcoin because can convert to fiat money
and my income incraese because use bitcoin, iam trading mining and follow signture campaign in bitcointalk
Well, all people already know that you can convert bitcoin into fiat that you can use in offline store. In addition to that, there are lot of reasons why you should use bitcoin. First, if you invest in bitcoin you can a sure that your capital will become twice easily and by using bitcoin you could earn and make a high income.
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July 22, 2017, 05:05:56 PM
 #50

Why would they? That's a real question that most of us cannot answer because we already see the value of bitcoin in terms of investment and whatnot. For the average and uneducated Joe, it will remain as another speculative bubble scams similar to the dotcom bubble and will stay away from it. For the general masses, whichever works is good, that's why they still use fiat. But to us who found out "first" what good could bitcoin do to us, we'll stick with it since we got the benefits of money and investment laid in front of us.

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smauni
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July 22, 2017, 05:19:49 PM
 #51

I use bitcoin because it's user friendly. Also it have highest price of all coins. I also use it because I can earn by using it with trade and campaigns in bitcointalk forum.
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July 22, 2017, 05:22:28 PM
 #52

Why people will not use Bitcoin?The world now knows about Bitcoin,what is its advantage?People who are online currency traders know better about Bitcoin.Now you say why use Bitcoin?
bitcoin is the new era of currency in our generation now , it can make somethings possible, it can also help us to reach for our dreams and to follow our goals in life, bitcoin really helps us in many ways thats why , bitcoin is so very important for me, bitcoin can be use in many transactions too in online, and soon it will be legalize worldwide.

Y U MAD AT ME
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July 22, 2017, 05:35:49 PM
 #53

from my point of view is that people basically are using Bitcoin for making a profit, so it is used for the purpose of saving and investment. not only that people also choose Bitcoin because of its transaction facilities and payment system. nowadays many sectors accept Bitcoin as a payment tool. so day by day the use of Bitcoin is increasing across the world.
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July 22, 2017, 05:55:54 PM
 #54

I am using Bitcoin for Crypto Trading. I think most of the BitcoinTalkers are using Bitcoin for trading. Because Bitcoin is not available for exchange all over the world.
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July 22, 2017, 06:38:35 PM
 #55

Why use Bitcoins ?

I keep seeing threads on “why don't people” ? The real question to me is Why would they ?

-The average consumer will go way out of their way to save money. Bitcoins cost more.
-The average consumer will usually pay a little extra to have convenience. Bitcoin is less convenience and more hoops and complications.

I just cannot see any reason for the average consumer to use Bitcoins. Until average consumers start using Bitcoins they will just be an experiment and a small speculative bubble.

I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   
if you stay to learning how bitcoin works and decide to save it for long time. so just do it. forgetting about cost of transaction and complications many thing, because you decide it to investing. so you will got your profit in future.
but if you using bitcoin for daily transaction purpose, truly i have seen similar topic many times, where bitcoin comparing with paypal, skrill, and many other virtual payment, talking about cost high for micro-payment, long confirmations, different wallet, and many thing. so you need to thinking twice for using it.
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July 22, 2017, 06:56:48 PM
 #56

iam use bitcoin because can convert to fiat money
and my income incraese because use bitcoin, iam trading mining and follow signture campaign in bitcointalk
Use Bitcoin to pay quickly, earn money to get rich, or simply testify to what people are saying about the magic of Bitcoin.
Agree with you that it is good/easy payment system as well as most quick. I think running in the direction of wind is more helpful than running against the direction of wind. In the current era that man will be successful who gain the knowledge of technology and use technology as weapon to achieve their goals. Thus business of investment in bitcoin is wise idea because it is the most fast and technology based business and through we can become richer very much.
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July 22, 2017, 06:57:21 PM
 #57

One reason is as a store of value it has better features even than gold.

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July 22, 2017, 07:36:29 PM
 #58

Why use Bitcoins ?
I have my personal reasons, I am interested Bitcoins them as a tech person, speculative investor and person that follows evolving treads and markets. I am just struggling to see any.. benefits for the average consumer at this stage.   
It looks like you do not even have a clue about investments and other stuffs,i am not sure what you mean by average consumer,but at the moment it is not for average person who is not interested in using new technology ,even though you are not having a clue why would people invest in it you seem to be interested in the bitcoin echo system,would warp this thing up by saying,the benefit is the price if you are able to invest at a good price like any other investment.
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July 22, 2017, 09:09:55 PM
 #59

It looks like you do not even have a clue about investments and other stuffs,

What make you think I "do not even have a clue about investments" ? I think you might not have a clue. Is this your first speculative bubble ?

I have made lots of investments and seen lots of speculative bubbles come crashing down. Bennie Babbies, Enron, Dotcom Bubble,,, lots of hype - lots of lemmings.
They have one thing in common the price gets bid up but they have no real use. Sound familiar.   


i am not sure what you mean by average consumer,

The average consumer is the billions of people who spend and send money digitally. They spend a decent percentage of their money on online purchases tru Amazon, Ebay, large corporate websites. Currently they are using and spending tru Paypal, Visa, MasterCard. 

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July 22, 2017, 10:28:02 PM
Last edit: July 25, 2017, 03:23:53 AM by wahb
 #60

he p
iam use bitcoin because can convert to fiat money
and my income incraese because use bitcoin, iam trading mining and follow signture campaign in bitcointalk
Well, all people already know that you can convert bitcoin into fiat that you can use in offline store. In addition to that, there are lot of reasons why you should use bitcoin. First, if you invest in bitcoin you can a sure that your capital will become twice easily and by using bitcoin you could earn and make a high income.
in fact currently people are doing the same they are first converting their bitcoin in to fiat currency and then using it in local shops because in most of the places still bitcoin cannot be use as currency. to i personally converting my bitcoin into fiat currency and after that i use it for fulfilling my needs that i cannot fulfill by using bitcoin directly.
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