CarnagexD
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Leading Crypto Sports Betting & Casino Platform
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November 02, 2017, 04:56:39 PM |
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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)
The reason why I am using bitcoin is not different from the others users. Because besides I wanted to earn profit or money through bitcoin is that I also find bitcoin easy to use and easy for who wanted to learn it. As a student I always thought that I have an investment where I didn't invest any money just time and effort and I get to earn even though.
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Vikingr
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November 16, 2017, 09:17:58 PM |
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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 absolutely agree with you and also think that, now, there are no reasons for an average consumer to use bitcoin. Bitcoin is already a trend but still most people don’t really use it. Probably things will change in some time as more shops, stores or any services will start accepting bitcoins. There are so many reasons to using Bitcoin. My personal reason is to use Bitcoin it that I am an educated lady and well known about the flexibility of market. I read about Bitcoin on internet and I come to know that Bitcoin is digital currency that is decentralized. Then I start buying and selling Bitcoin and it gives me a lot profit. Bitcoin really change my life style.
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Rotellian
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Activity: 12
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November 16, 2017, 09:48:18 PM |
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For me i view Bitcoin primarily as hopefully a store of value, away from the banks and perpetual currency devaluation. Other things can be built from there, an non-decentralised paypal-esque coin has no appeal as i just don't see any real advantages over our current system of fiat. Its my hope that when the next crash comes (and it will, even if it ends up being delayed) it might be developed enough to offer an alternative.
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marcuslong
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Activity: 1036
Merit: 1002
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November 16, 2017, 09:56:31 PM |
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There are many reason why to use bitcoin the main reason for me is bitcoin gives me a kot of profit that i need to soend every end of the mo th to pay those bills you will learn more about the cyrpto currencies in trading materials and also you will learn some new ideas on how you can handle situation in kind of crisis these things will test your patience on how long you can take without these you will no linger earn bitcoin.
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marzuk
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November 17, 2017, 02:01:45 AM |
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Bitcoin is the most popular and valuable currency at present. For many reasons people use Bitcoin. At present, Bitcoin is the most profitable investment. The way Bitcoin prices is growing up. many people are interested in using bitcoin. And another advantage of using Bitcoin is that transactions are very easy , Safe and low fees.
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DassKass
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November 17, 2017, 05:59:55 PM |
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At this point in time there aren’t many reasons to convince someone to use bitcoin instead of cash. Cash is accepted by virtually everyone, it can be transported short distances physically with almost no hassle, and it’s an easily graspable concept.
Now I said there aren’t many reasons, but there are a few big reasons. The first is that bitcoin is decentralized.
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BranZolt
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November 17, 2017, 06:02:57 PM |
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he global interest in bitcoins has grown. So, it becomes extremely important to understand the base of this and all other forms of virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted. This makes the currency decentralized giving ownership to the user.These can be purchased through an online exchange or a Bitcoin ATM. Landmark feature of a bitcoin is that it can curb the chances of fraud and identity thefts, and hence is considered a safe mode of holding money.Bitcoins allow buying of goods and services online, as well as transferring money.
Below are a few benefits of using bitcoins which make it better than any conventional currency:
Bitcoin is digital and decentralized – With Bitcoin people get the liberty to exchange value without intermediaries which translate to greater control of funds and lower fees. It’s faster, cheaper, more secure and immutable. Cash is controlled by banks while bitcoin has owners. Ease of online shopping: As we already know, Bitcoin can help us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money. Less volatile than cash: Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online. No real way of keeping a track of conventional currency- The underlying technology behind bitcoin, which is, blockchain is what makes or breaks it. Thousands of computers in a distributed network use cryptographic techniques to create a permanent, public record of every single Bitcoin transaction that has ever occurred. This record will be very valuable for various things besides tracking payment. While there is no real way of tracking cash. Great tool for investment- Bitcoin can be used all over the world without going through a conversion process. It is considered at par with Gold and combines the best of cash and gold while providing an open market and no restrictions imposed by banks or governments. Bitcoin is peer-to-peer and open, yet secure and nearly frictionless - Bitcoin allows exchanging value over the internet without any intermediary and gives its users access to their balance through a password known as a private key. So it’s private, secure and at the same time,open. Duplication impossible - There is no way of duplicating a bitcoin, unlike cash. Great way of maintaining records for tax purposes: Once transferred, a bitcoins’ ownership also gets transferred. This means that two people cannot be transacting on the same value and this will help keep records healthy and simpler, especially for tax purposes.
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dancingnancy
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November 17, 2017, 06:09:59 PM |
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Actually many reasons why many people use bitcoin. My main reason why I prefer bitcoin because bitcoin is more in the community. So it can be accepted anywhere. Have the bitcoin we can get faster profit. Because the price of the fluctuating bitcoin.
Use it for trading on many platforms too, invest more into bitcoin rather than gold or any other equivalent investments which have low profit rates. Take advantages of it being decentralized and leave the rest to time to reap higher profits without doing much.
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2taps
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November 17, 2017, 06:13:12 PM |
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By making use of bitcoin you will get yourself a lot of money and i think that bitcoin will have a bright future so a lot of people will invest in it. I hope that bitcoin will keep growing so the value will rise and i can make more money out of bitcoin.
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Waleed rose
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November 18, 2017, 01:07:51 AM |
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People use bitcoins because bitcoins is a cryptocurrency and poeple know that with the help of bitcoins a person get more money and that money increase day by day and we get alot of money. That's why we use bitcoin to get more money and invest more in bitcoins.
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emanbea1234
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November 18, 2017, 01:21:35 AM |
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why use bitcoin because bitcoin is big amount and is a universal coin and in tading site bitcoin market is number one because its too many altcoins.
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Wasidibitco
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November 18, 2017, 01:43:37 AM |
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Mengapa menggunakan bitcoin? karena menurut diri saya menggunakan bitcoin akan mendapatkan uang banyak dan lebih baik dari uang konfensional
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:wq
Copper Member
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Merit: 49
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November 18, 2017, 01:48:28 AM |
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A core reason behind why I use bitcoin revolves around the concept of having a currency that doesn't have a central body controlling its distribution. The current existing monetary systems are not only controlled by a corrupt body, but also powered by a debt driven fundamental. It's not something I want to support, and bitcoin/altcoins are good way for me to show my support for change.
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bakunawaaa
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November 18, 2017, 02:11:19 AM Last edit: November 18, 2017, 05:41:41 AM by bakunawaaa |
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First point I dont agree. While it is true that buying bitcoins in certain exchanges from fiat money can be expensive. Here in PH the company that allows for liquidation of bitcoin to fiat will really rip you off. The margin is too wide, but given the fact that bitcoin prices tend to surge, in the long run you are able to save on cost and even make a little extra.
In terms of convenience bitcoin is definitely convenient. Given the fact that it is really easy to send and receive bitcoins because you can do it all online. So for people who are technologically aware it is definitely convenient. Right now the population of btc or crypto currency users rather may not be that high yet, but we are slowly seeing many countries integrate bitcoin into their economy by allowing businesses to conduct operations using bitcoins. There are now even usb wallets for cryptocurrency. I am pretty sure many companies are now developing technology to make crypto currencies more convenient and be able to reach a bigger market.
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darkywis
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BIG AIRDROP: t.me/otppaychat
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November 18, 2017, 02:21:07 AM |
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I use bitcoin because I am the one who controls my money. Using it for investment, buying stuff I want/like, convert it to local currency and with low fees unlike credit cards.
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millgates
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November 18, 2017, 02:42:43 AM |
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I use bitcoin because I am the one who controls my money. Using it for investment, buying stuff I want/like, convert it to local currency and with low fees unlike credit cards.
It so much different with paper money. bank, remittance services and government can freeze someone's wealth if they have reason to do that. But they cannot do the same thing to bitcoin users because there are multiple redundant copies of transaction data base, no one can seize bitcoin. Bitcoin users have complete freedom to do anything they want with their money. This is one of reason why I use bitcoin.
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tanginamoo
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November 18, 2017, 02:47:41 AM |
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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.
Why? It is because it is affordable and very easy to operate. Trading, selling and investing. It is a great way to earn money. With bitcoin you can have your own bank in your gadget through your wallet. You can earn while sleeping. It is a very good way to earn. So why don't you choose bitcoin?
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Ausgewielt
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November 20, 2017, 04:19:01 AM |
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I use bitcoin because I am the one who controls my money. Using it for investment, buying stuff I want/like, convert it to local currency and with low fees unlike credit cards.
Bitcoin is freedom, we can send bitcoin every where without any restriction by government like limitation of amount that we can send.
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darshansetty
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Activity: 103
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November 20, 2017, 04:22:47 AM |
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bitcoin is very safe and could not be hacked by anyone so useing bitcoin is better than useing money
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heureca
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November 20, 2017, 11:36:41 AM |
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bitcoin is very safe and could not be hacked by anyone so useing bitcoin is better than useing money
I'm sure that every criptocurrency could be hacked of cource BTC has rather good protection if you use all protection tools in your BTC wallets.
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