Why use Bitcoins ?

[MMA]

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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to me i think currently most of the people do not have the opportunity to use bitcoin as currency, therefore most of the people are using it as investment and trading. to me i personally also using bitcoin for trading and and investment purpose because i do not have such a good experience to use bitcoin for online shopping and even cannot use it in our local shop.

[iqlimasyadiqa]

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.

Most people today are using bitcoin as an investment. Can be calculated maybe bitcoin users as a currency is only a few percent. While bitcoin users prefer to do jobs like trading and other investments, they prefer to benefit as a priority. But I'm sure some time bitcoin can be used as the most widely used currency.

[FasTroy]

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.

Most people today are using bitcoin as an investment. Can be calculated maybe bitcoin users as a currency is only a few percent. While bitcoin users prefer to do jobs like trading and other investments, they prefer to benefit as a priority. But I'm sure some time bitcoin can be used as the most widely used currency.

I think bitcoin is more valuable than spending it in normal things, I mean bitcoin is for saving and investment like gold, Personally i preferthe bitcoin more than gold. It's an awesome stuffs, like wine, It must be stored in our wallets. I just use my bitcoin for trading or maybe for investement in some good site which they worth to invest, and few percent of my income, i use it to buy some stuffs online or to buy somes games.

[Janation]

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.

Most people today are using bitcoin as an investment. Can be calculated maybe bitcoin users as a currency is only a few percent. While bitcoin users prefer to do jobs like trading and other investments, they prefer to benefit as a priority. But I'm sure some time bitcoin can be used as the most widely used currency.

It is a currency, the thing is, it is digital currency. Bitcoin is also used as a payment for our services like joining a signature campaign, so it is a currency.
The term you used is wrong, instead of "use", you should say, treat bitcoin. They are treating bitcoin as an investment but it is obviously a currency.

[ReindeerOnMe]

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 want to use bitcoin because it is a volatile digital currency that can give you a profit in a small period of time. Unlike other digital currencies, or crypto currencies, bitcoin is the most valued digital currency. I am still javing a doubt to buy because I miss the dump last week, maybe I will try to wait again these week.

[arlinxoha]

I am personally interested in bitcoin. Because I heard about it long time ago. And it's also the valuable coin of the crypto currency.  It's use is so easy. So I use it.

[New2coin]

In my opinion bitcoin as of right now for most people, is an investment, high risk and high reward. People are trying to jump on the ship before it gets to far out to sea! My mindset on it is let's roll the dice and see where i sit in 5-10 years. I hoping that it catches on and stays. I am very doubtful about the future of bitcoin though, people don't like change and are not in a hurry to make new things happen. Nowadays with the internet anything can happens. BIG MONEY, BIG MONEY, NO WAMMY!!

[Shutup]

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.   

As a bitcoiner I want to push bitcoin,because bitcoin is good.Maybe its difficult now to push bitcoin because of low price now.But this is convincing to those not employed and living at house only.Its really a good past time because they will profit.But to those bitcoiners who invest and become a millionaire they can convince people to used bitcoin.But then if you enjoy this online job maybe you will stay and focus because not only profit you have but  a bigtime income if you invest it.And bitcoin will be useful to each nation using bitcoin until promoted to the whole world.

[L00n3y]

There are Many reasons i use BTC specially use traveling.

I wonder hiw you can use Bitcoin in travelling fees? I know that Japan airlines is accepting btc payments but still now many country is open in btc let alone make it as a legal money. I wish that I can use my bitcoins for travelling too.

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.

Yup, my best bet on cryptocurrencies nowadays is for investments and reserves because we're still at the introduction of block chain technology in the society that means we have a bright future or cryptocurrencies and Bitcoin has a bright future, this pioneering coins will become rare through time.

[Md Saad]

There are a lot of things that people using Bitcoin around the world. Basically Bitcoin has been considered as a profit making currency and profitable investment and saving purpose. This is also using as a transaction tool so it is becoming a popular and acceptable currency across the world.

[Core.BUSTER]

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, you should use bitcoin because it will help you to gain a high income. In addition to that, as now many people already use the bitcoin and they use it in their business. Having bitcoin is an opportunity to become rich in the future. I think bitcoin will be our future money and you can also convert it into fiat that you can use in offline store.

[CheapVccSeller]

A lot of ppl prefer payments through btc instead of things such as paypal because paypal can be charged back

[YuginKadoya]

A lot of ppl prefer payments through btc instead of things such as paypal because paypal can be charged back

I think there is a transaction fee regarding bitcoin transactions, and I think if paypal would not do it they will not surely profit regarding how much needed in the transaction, I think the transaction fee in bitcoin would be regarding on what kind of wallet you are using, but yes transaction fee towards bitcoin is more cheaper than paypal, and regarding this I certainly have some issue's while using paypal.

[micher143]

A lot of ppl prefer payments through btc instead of things such as paypal because paypal can be charged back

I think there is a transaction fee regarding bitcoin transactions, and I think if paypal would not do it they will not surely profit regarding how much needed in the transaction, I think the transaction fee in bitcoin would be regarding on what kind of wallet you are using, but yes transaction fee towards bitcoin is more cheaper than paypal, and regarding this I certainly have some issue's while using paypal.

Regarding to the transaction issue with the paypal and bitcoin I prefer the bitcoin because the transaction with bitcoin is completely anonymous although you can trace it but the person it self that make the transaction is untraceable, So in overall the bitcoin is better with the paypal in terms of speed and fee and in addition in paypal you can get back you money so it is not advisable for me.

[Xester]

People should use bitcoin if they want to have faster transaction and security purpose.  There is no way that you can reveal your identity to anyone if you buy or sell.  Plus if you will use bitcoin the tendency is for you to have an extra income.  Keeping them in your wallet can make it grow as its price continuously grows.

[cryptojac17]

In my opinion bitcoin as of right now for most people, is an investment, high risk and high reward. People are trying to jump on the ship before it gets to far out to sea! My mindset on it is let's roll the dice and see where i sit in 5-10 years. I hoping that it catches on and stays. I am very doubtful about the future of bitcoin though, people don't like change and are not in a hurry to make new things happen. Nowadays with the internet anything can happens. BIG MONEY, BIG MONEY, NO WAMMY!!

It was just an exagerated idea as I've read the insights here,  but the exact thing behind bitcoin is, the fast transactions. The anonymous financial freedom and also it's a good investments compared from fiat currency savings.

[YOYOY]

There are many reasons why I/others use bitcoin maybe they used it because it can be used 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. And my favorite one is that it isn't subject to inflation, the total number of bitcoins are only 21 million, which is different from other currencies. As the total number of dollars in circulation rises, this creates inflation. So that's why, many use bitcoin because of its unique characteristic and future as well.

[basesaw]

Like what general financial specialists in BTC have chosen, its not intended to be utilized to purchase staple goods. Its a store of significant worth

But still the technology is still good. if just the transaction fee can be done instant(from wallets to another wallet) then it is usable to real world. The technology was nice that you can pay or buy goods in just a swipe. it is very convient to use .

[Darker45]

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 was not designed in the way you are describing it. Bitcoin was not made for people to use it to buy groceries and everyday spending with. It is meant as an investment option, similar to gold.

Bitcoin is also fairly anoymous, especially if you use multiple addresses. Think of bitcoin as gold and compare them. They re both investments but Bitcoin has the abilibity to be spent online.

I think you are wrong, sir!

Bitcoin is not intended to become just an asset, a gold, or a gem to be kept.  On the contrary, it is meant to be used as a form of money to be spent for the things you need and you want, regardless of whether is groceries or a cup of coffee. This is a decentralized form of payment, a mode of payment that does not pass through some medium or central authority, peer to peer, in other words. Remember that during the early days of bitcoin, the first famous transaction was when a pizza was bought with 10 bitcoins.

Bitcoin is to be spent. That was the vision of Satoshi Nakamoto. It was not foreseen though that the value would appreciate so much so quickly that people would no longer want to spend it.

[Quietman]

Why not? Bitcoin is definitely one of the most trusted cryptocurrency in the world. You'll be so sure that you will earn from your saving
 You are earning while saving which is definitely a good thing for us.