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Author Topic: What is The actual senses about bitcoin for common people ?  (Read 2354 times)
nursahath07
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November 16, 2017, 06:41:30 PM
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 #1

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.
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February 10, 2018, 12:56:25 AM
 #2

Lack of knowledge and understanding about bitcoin makes people reluctant to use it, in fact this is a great opportunity to help the economy of society.
But for now the public interest has started to rise and the future will continue to increase.
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February 10, 2018, 01:13:14 AM
 #3

The increase of people want to access bitcoin, it is because of the good cintributions towards total income. Mostly people who accessed bitcoin are gaining, only few people complaining about losing. But as what we have knew that people can accessed bitcoin are only those who have direct connection or with wifi ang data connection, and to the people living in rural places cannot access digital cryptocurrencies. So, we are lucky today because we have a chance to access bitcoin. Hopefully that someday our wifi connection will develop and upgrade to the very far places or shall we say to the extreme remote aread.

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February 10, 2018, 01:45:16 AM
 #4

Now many people are interested in the online currency because of the popularity and good results of course the benefits are also very great for their financial economy. I think the layman will not question any payment media as long as it's a mutual agreement. whether it is currency or online currency
isaac_clarke22
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February 10, 2018, 03:45:00 AM
 #5

Profit, not just the concept that it can be used for online transactions. Why would people not sell during dips and buy a lot instead? In profit in trading, people would like to reach maximum profit they can get without paying side fees like taxes unlike outside in crytocurrency where we're obliged to pay taxes even though we know that those taxes are for the sake of our own country also, but besides there are many corrupt politicians out there. In Bitcoin, because it is not "yet" taxed, people also don't need to travel so far to trade anymore. If I would set up a merchandising business with the use of Bitcoin as payment, I would just need a delivery guy and set up my capital then I'm almost set, like I could make a profit without any hassle requirements needed to start up business. Bitcoin is also at the sense of attracting entrepreneurs as it brings a lot of possibilities in the whole market as a general.

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February 10, 2018, 05:06:00 AM
 #6

Bitcoin was invented to make transfers faster among individuals and business owners across oversea, however most people like those who are not related to online based work can only sense bitcoin as a profitable asset and are only intended to hold bitcoin to generate profits from it. Thus  governments also have same sense over bitcoin due to which they ban it


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February 10, 2018, 05:35:03 AM
 #7

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.



Because of the benefits coming from it more people  had interested about digital currency because of a quick transaction through digital processing that's why many people are willing to adapt like bitcoin they all want to replaced from recent process to a new generation digital processing. people know that bitcoin had a popular virtual currency start from 2009 and it was really great because until now bitcoin will continue supply for our daily needs in different way.

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February 10, 2018, 05:23:33 PM
 #8

I think it's a fortunate and extravagant position for people in the online community to have grasp, accessed and understood
bitcoin early on. It's an advantage and a benefit no doubt if your active, well informed and well educated on matters
relating to such. But currently bitcoins are appealing and reaching out to everyone, even the ones who aren't on
the online community. Even if it's hard for them to understand at first, but that spark and persistent kind of
interest is a good indicator and an evidentiary sign that people are coming to terms with bitcoins.
It's popular now than ever and more profitable even with it's highly volatile nature.
Jating
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February 10, 2018, 06:35:24 PM
 #9

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

Even before when crypto doesn't exist, there are really a lot of online based project you can find around from simply survey to doing offshore work from different companies around the world.

But during the last few years, digital or virtual currency became to emerge as one of the choices for payment. Because bitcoin was really invented by Satoshi to be a peer-to-peer, meaning there are no third party involved. However, when it really became so popular, we face the issues of high tx cost and slow confirmations that makes people go to traditional payment such as wire transfer. But I'm sure that when Lightning Network is implemented, we may see it more adoptable for micro payments once again.

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February 10, 2018, 06:45:48 PM
 #10

Well, majority of people are missing the whole point of bitcoin. Bitcoin wasn't made to be an investment for profit. It was made to make transactions easier. Some people, especially those people who heard about bitcoin can make people rich are investing on it, hoping that it can make them instantly rich. Those kind of people usually, ended up losing a lot of money, especially, those who have bought during the pick, and panicked selling it when prices are going down.
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February 10, 2018, 09:28:47 PM
 #11

At the moment there is no sense, because Bitcoin isn't able to compete with traditional things such as a debit card, credit card, cash, etc. There's no other reason, except for privacy reasons, to actually go ahead and use this due to the tx fees, network congestion, and long confirmation times. All of these factors make it hard for people in the real world to use it, as people don't want to go through the hassle of using bitcoin.

Plus people do like being able to get refunds if things don't go as planned or if they buy the wrong product. It's not really usable for normal people.

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February 10, 2018, 09:35:15 PM
 #12

I think that they think and sense as they are told by the media. Most people do not like to think for themselves.
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February 10, 2018, 10:50:32 PM
 #13

I honestly think it is seen as magic nerd money, but something "regular" people are unlikely to buy.
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February 10, 2018, 11:46:47 PM
 #14

I honestly think it is seen as magic nerd money, but something "regular" people are unlikely to buy.
This is now, but was not the internet seen in the same way, only people with knowledge about computers were using the internet and now look at it, people are unable to live a few minutes without having access to the internet, video games were the same only nerds play it and now it is rare for a home to not have a video game console, bitcoin will be the same in the next decade or two just give it time.

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February 11, 2018, 01:45:47 PM
 #15

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

Let's not kid ourselves. The vast majority of people who have jumped on the crypto bandwagon in the last year have done so not because they're interested in utility of crypto but because it looks like there was easy money to be made. Price of Bitcoin is blasted everywhere when it was on a tear up to $20,000; you couldn't escape it. That easy money FOMO kicks in and more people pile in. Eventually the momentum couldn't sustain itself and it crashed. But don't forget the impetus was scoring easy gains, not because people saw the use case for crypto.
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February 11, 2018, 02:01:12 PM
 #16

Yes, I agree. It's difficult to accept, but out of this community, the vast majority of people has no idea of what bitcoin is, and you can bet that lot of last hour "investors" don't know anything about blockchain or decentralization, they just jumped in with hope of easy money.

Like it or not, we are a microelite of pioneers. But this is not bad, because it means that bitcoin is just at the beginning, and we have a fantastic advantage over the other.



As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

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February 11, 2018, 02:25:43 PM
 #17

Yes.Many people investing their own in bitcoin to get some profit.From my knowledge many of people around us not know about bitcoin.I had said about to my friend to make him to get some dollars as a weekly payment in terms of bitcoin.You can share about bitcoin to get more traders and investors in bitcoin.
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February 11, 2018, 02:39:55 PM
 #18

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.
The popularity of Bitcoin attracts many people to adopt Bitcoin, although the person does not really understand the core functionality of Bitcoin where Bitcoin makes it easy for users to transfer or transact remotely like from abroad. while the layman uses Bitcoin just to look for clappers.

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February 11, 2018, 03:09:22 PM
 #19

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.
Nowadays,  common people perceive bitcoin as a good work where you can gain amount of money in an easier way compared to a physical work.  It is also perceived that when you become a bitcoin user,  you will progress in your life that is why,  common people are easily encouraged when talking about bitcoin
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February 11, 2018, 03:34:58 PM
 #20

As a matter of fact we know online currency is popular in virtual community cause they uses of virtual currency is common for online based work. This digital currency is not so much popular for those people or local people who are not related to online based work. They have no idea how online currency increase economical condition day by day.
But from few years people are more interested about digital currency  and online based activities only because of its several benefits.
Now a days we can hire skilled worker from all over the world and also can provide different work at the same process cause they don’t worried about money and payment system.
So on above this conversation common people are more interested for online currency.

That is basically what people want in the cryptocurrency industry. All they want is the financial help it might offer them in life and does not have interest in learning what is letting them earn extra income. They need to know why it is important to be knowledgeable in this kind of things because they can use this technology to improve other programs and platforms that they may have encountered.

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