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Author Topic: Why use Bitcoins ?  (Read 13200 times)
Gabmot
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December 04, 2017, 01:04:08 PM
 #521

Based on this question, bitcoins offer a better way of securing one's wealth and assets. In my country for instance, people involved in serious business transactions on virtually every day basis carrying cash around runs into problems such as road theft, kidnapping and many more.Thus, bitcoins offer a considerable safety from all of these. Another reason to support the usage of bitcoins and other alt coins is that the world today is evolutioning at a lightening speed from paper currencies to crypto currencies because they offer easier business transactions and exchanges all over the globe nw. Even many African states have joined d campaign as underdeveloped many of them are.Then the question is why would anyone leave himself out of this promising evolution?
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Ryan1212
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December 04, 2017, 01:28:12 PM
 #522

Like all other currencies bitcoin is a storage of value and can be used to trade and buy other items of the same value. Bitcoin is also super useful to pag fornthings in bulk since the transaction fee is usually the same while for other payment methods there wouldn't be a fixed fee.And i use bitcoin because of lack of money for expensive things and foods and also for payment bill in electrics.
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December 04, 2017, 01:34:04 PM
 #523

bitcoin is used mainly because of the large user generated trand so more and more people use bitcoin.
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December 04, 2017, 01:58:14 PM
 #524

There are thousands of reasons for using Bitcoin.Bitcoin is the mother of all crypto currency. People use this for many reasons like earning money,investing on this forum and so on. I want to earn money in online by working here.For this,I use Bitcoin.

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December 04, 2017, 01:59:01 PM
 #525

Bitcoin has great potential for the future, and because of the time now passing bitcoin is becoming very popular in the community. With the rapid development of bitcoin and bitcoin price increases, it has a positive impact on the economy of the users
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December 04, 2017, 04:20:43 PM
 #526

There are many ways to make money with Bitcoin like mining, speculation or running a new business. All of these methods are competitive but All depends on each individual to make an evaluation of the costs and risks.
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December 04, 2017, 09:54:05 PM
 #527


very simple clear, because Bitcoin has become a stamp transaction for coin rotation. and very main to be buying and selling for other coin although there is still another coin.
Bitcoin is also becoming very much sought after.

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December 04, 2017, 09:57:19 PM
 #528

It's not currently fit for daily purposes, more as an storage of wealth. Think of it like gold, you don't exactly go to a store and pay for your groceries with bars of real gold. Bitcoin is just more accessible as not everybody can exactly get gold for performing certain tasks.

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December 05, 2017, 07:45:49 AM
 #529

why use bitcoin because bitcoin have many use and bitcoin nowadays can pay online job
Yara1
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December 05, 2017, 07:49:49 AM
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 #530

I use bitcoin because is free and decentralized.
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December 05, 2017, 08:23:43 AM
 #531

The real fact is bitcoin stands as asset to hold fiat money to get profited in the same way you would put your money collectively into gold
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December 05, 2017, 08:28:29 AM
 #532

To be honest, now to use bitcoin as payment system is too expensive due to transaction fees
BUT BTC is a great way to invest
So I keep my BTC and wait
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December 05, 2017, 08:48:42 AM
 #533

I can say that bitcoin is the best thing invented on the internet. Bitcoin is very versatile and has a lot of uses. Bitcoin is very easy to use and understand and very accessible specially for those who have internet access. Bitcoin makes every transaction easy and hassle free but a bit expensive. But also bitcoin is best when it comes to investments. 100 percent sure that your investment will grow after a few years.

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December 05, 2017, 08:49:05 AM
 #534

Bitcoin use because in different situation. They use bitcoin because maybe it is the only source of income they have, they use it because they paying the bitcoin through digital or shoping online. They use because they have their own plan like businesses coming from what they earn from bitcoin.
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December 05, 2017, 08:51:30 AM
 #535

The reason I use bitcoin is to follow technology. I used to invest my money in the form of property and land, now I try new things by investing my money with bitcoin. I hope my decision to use bitcoin is correct.

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December 05, 2017, 09:49:15 AM
 #536

In my opinion, People use Bitcoin because it has a quick growth. It can bring them so much profit. Besides, with benefit about transaction speed, anonymous, people use it for payment

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December 05, 2017, 09:52:52 AM
 #537

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.   

Yes, we can't force someone just to follow our footsteps. It is in there hands if they want to believe in this community.
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December 05, 2017, 09:54:17 AM
 #538

It’s made for our generation
It’s fast, secure and global
Bitcoin was designed with your privacy in mind
Bitcoin is not subject to inflation
Bitcoin provides financial freedom Roll Eyes Grin

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December 05, 2017, 10:01:34 AM
 #539

Like what general investors in BTC have decided, its not meant to be used to buy groceries. Its a store of value
Except you have a faction of users on here who want to fight that tooth and nail. To be blunt I agree with the general investors.
Bitcoin is decentralized, secure, and acceptable globally. Bitcoin price is growing over time that is why many people like bitcoin so much.
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December 05, 2017, 11:17:35 AM
 #540

why use bitcoin because bitcoin have many use and bitcoin nowadays can pay online job
If you’re searching for a system or platform that can transfer their money without a middleman,bitcoin should be the answer and one of their reason why they need to use bitcoin (its decentralized). But because of this reason a lot of people are not use it in proper way. Bitcoin is one of the best investment opportunities we have right now. I think we should better not to invest right now because of its currenct price is too expensive maybe we have to wait until its falls then start to invest.
Bitcoin is unique, fast and can be use globally.

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