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Author Topic: Why use Bitcoins ?  (Read 13317 times)
Faith Joy
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September 19, 2017, 03:19:07 PM
 #301

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.   
One must use bitcoin necause bitcoin is a very helpful thing to everyone.Bitcoin can make someone succesful and bitcoin can provide you so much money without using so much effort in worling for it.
Milonsa
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September 20, 2017, 10:44:07 AM
 #302

Why use bitcoin? i think bitcoin is verey important  and interesting subject.some one people income  money in bitcoin.many people want to invest a large amount of money to gain large amount of interest.
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September 20, 2017, 10:48:17 AM
 #303

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.   
The use of bitcoin is very advantageous. Because many people wants to invest a large amount of money so that they can gain large amount of interest. So I prefer that people must invest and use bitcoin. It is also easy to start and use bitcoin. I think bitcoin is the easiest and short process to gain more interest. People can also buy some household stuffs by the use of bitcoin in the internet. Easy as that.
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September 20, 2017, 10:50:00 AM
 #304

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.   
Indeed. There are lots of questions in this thread of asking why people do not use bitcoin instead of why they should use bitcoin instead. In this manner, they must use bitcoin for the reason that getting involve with it can give them a lot of benefits which are provided by bitcoin itself. The capability of gaining an income with it is possible and the essence of your money extending its capacity by the growth of the price rate.

If you just explained the earning tactics in bitcoin and strategy you are following to concern person who are asking why you use bitcoin. You just explain about signature campaign and low investment with the high profit option to reach it to anyone.

 
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September 21, 2017, 07:19:54 AM
 #305

Why use bitcoin? Here are 10 good reasons why it’s worth taking the time to get involved in this virtual currency.

It’s fast
When you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally far faster.

It’s cheap
What’s that you say? Your credit card transactions are instantaneous too? Well, that’s true. But your merchant (and possibly you) pay for that privilege. Some merchants will charge a fee for debit card transactions too, as they have to pay a ‘swipe fee’ for fulfilling them. Bitcoin transaction fees are minimal, or in some cases free.

Central governments can’t take it away
Remember what happened in Cyprus in March 2013? The Central Bank wanted to take back uninsured deposits larger than $100,000 to help recapitalize itself, causing huge unrest in the local population.
CraigWrightBTC
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September 21, 2017, 11:04:39 AM
 #306

I used bitcoin because it is the most fair of instrument of investment be compared with other are like stocks and forex, i can take full control of my bitcoin, everything are transparant, if there are something wrong with the exchanger or bitcoin's price goes down , i can take full control my bitcoin to withdrawal to my off line wallet and hold them for long time, it is something impossible to be done on trading forex or stocks.
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September 21, 2017, 11:10:43 AM
 #307

I think that bitcoin has a lot of job openings for many people like, college students who want to earn income from bitcoin for school fees, people who have trouble finding office jobs can work also in bitcoin ....

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September 23, 2017, 12:31:24 PM
 #308

The main reason i used bitcoin is for investment with bitcoin i could traded digital coins and get passive income, sometimes i made investment into icos projects, also i used bitcoin for play gambling if i have got extra income from trading altcoins and other investment. Bitcoin has many benefits the most i like from bitcoin except new technology is price of bitcoin always increase time by time, it is good for stores value in bitcoin than fiat money.
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September 23, 2017, 12:46:00 PM
 #309

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 use bitcoin is because I want to learn much more about the technical issues technology. And another purpose of mine is to profit from bitcoin.
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September 23, 2017, 05:33:10 PM
 #310

i use bitcoin because it helps to earn more money. invest in bitcoin is safe. it saves our wealth. invest in bitcoin we can get more profit.

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September 23, 2017, 05:48:09 PM
 #311

Using the bitcoin for speed, transparency, and anonymity, I find that the bitcoin is the perfect currency for what I do, I reassure you right away, nothing illegal, for the tradding there is no better.

 
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September 23, 2017, 06:05:33 PM
 #312

Why use Bitcoin? Because for myself, Bitcoin is easy to use, its security is high, can be divided into 9 digits, can be converted into local currency, and lots of investment land (like ICO, CloudMining)
Well, they should use bitcoin because I do believe it is the key to success and we all know that it you can also convert it into fiat. In addition to that, bitcoin is a good investment that you can assure that you money will become double or triple. Lastly, bitcoin will help us to gain much profit.
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September 23, 2017, 07:39:13 PM
 #313

I don't understand exactly what do you mean in that question, it's very ambiguous gives way to interpret it in different manners, maybe you should formulate it, friend.  Sad
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September 23, 2017, 08:18:17 PM
 #314

Bitcoins have several advantages. First of all it's fast. Operations in bitcoins are much faster than any interbank transfers. It`s also cheap. Transactions in bitcoins do not usually include commissions and if they do, commissions are minimal. There is no inflation. Bitcoin is designed the way so that the number of coins is limited. It was originally conceived that it is impossible to "get" more than 21 million coins. This means that once this number is reached, it will be impossible to create more bitcoins, so inflation is impossible here. And the last but not the least, bitcoin belongs only to you. You own a private key and the corresponding public key, which is the address of the bitcoin-wallet. Nobody can take the money, except for yourself.
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September 23, 2017, 08:33:27 PM
 #315

In my opinion, bitcoin is for investments, not for purchasing common goods and services. Bitcoin is advantageous in several ways, one of it is privacy and another is bypassing currencies. I disagree regarding about the convenience. I think if you use bitcoin for investment it is more convenient because time and knowledge will be your tool for earning. Just an opinion.
Yes true, bitcoin is a long-term investment, very good and profitable compared to other types of investments such as gold. I hope soon to be legalized by all countries so as to improve the country's economy.

you are absolutely right, I have both gold and bitcoin, and now I think of converting my gold to bitcoin. I do not know why I did not do it before
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September 23, 2017, 08:41:58 PM
 #316

It's better to invest in Bitcoin now and wait for its price to stabilize.

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September 23, 2017, 08:52:43 PM
 #317

It's better to invest in Bitcoin now and wait for its price to stabilize.
Yes, we should invest in Bitcoin because nowadays the price is low. So when we buy now some Bitcoins we will make a huge profit in the future.  Personally I use Bitcoin mostly for this reason but sometimes I use it to buy some staffs online.

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September 24, 2017, 04:44:06 AM
 #318

You use the Bitcoin network as a store of value mostly at this point in time because that's the state it's in, but once it makes the necessary improvements we will see it become a way to exchange goods and services.

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September 26, 2017, 11:45:05 AM
Last edit: October 05, 2017, 05:52:05 AM by bitgolden
 #319

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.  
Indeed. There are lots of questions in this thread of asking why people do not use bitcoin instead of why they should use bitcoin instead. In this manner, they must use bitcoin for the reason that getting involve with it can give them a lot of benefits which are provided by bitcoin itself. The capability of gaining an income with it is possible and the essence of your money extending its capacity by the growth of the price rate.
Because bitcoin is the golden coin or you can say it has more value than gold so why not to use such a valuable coin which gives you profit on daily basis and after knowing the advantage of bitcoin you will never neglect its value. It gave people a secure future without worries and one should enjoy his epic life easily.

You use the Bitcoin network as a store of value mostly at this point in time because that's the state it's in, but once it makes the necessary improvements we will see it become a way to exchange goods and services.
You still need improvements to store your wealth ? I guess you do not need. Only for the people who prefer using bitcoin system as a currency may need further improvements and not for the people who wants to be investors with bitcoins.

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September 26, 2017, 11:48:14 AM
 #320

Bitcoin currency has rate increases very fast for a lot of time, so I think this is a good reason why do you need to use Bitcoins and invest into it.
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