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Author Topic: why should we give a damn about Bitcoin?  (Read 1039 times)
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December 03, 2017, 11:29:37 AM
 #21

For bitcoin to be widely accepted by the people is that, first it needs to be stable in its value, bitcoins unstable price surge if what keeps people from investing to it, they are scared that someday it might hit the ground because of its volatility.
That is also the reason why bitcoin is being used widely. Investors are attracted by it in fact. As time pass, price would surely be stable as many more people joins it. The thing that is needed most by bitcoin to be widely accepted is fast transaction confirmation time. It needs speed up transaction confirmation up to it's limit in order to sustain the usage of many people. It should be lightning fast to confirm massive transactions in short period of time because it will be necessary when it becomes main stream.
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December 03, 2017, 11:38:15 AM
 #22

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?
Bitcoin has already established and prove itself on the market by simply developing and having the right growth of its price. And as a part of users of bitcoin we are also a big part of this development and changes that happened to bitcoin because bitcoin is always dependent on the support of bitcoin users who uses bitcoin in transactions, investments and trading that result to moved of stock and demand of bitcoin which the result of the increased of bitcoin worth on us users and in the market for transactions.



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December 03, 2017, 12:43:42 PM
 #23

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?

How you can say Bitcoins is anonymous.It is pseudo anonymous its transaction is in public everyone can watch the transaction process. If governments want they can build any source which can track the transaction. About the fee actually you have pay fee we all know that the fee is higher but look there price which is increased bitcoin fees is different than other alt coin you can't compare bitcoin with alt coin .Altcoin don't applied high fees because most of crypto user involve with bitcoin instead of other coins so that's why alt coin have low fee
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December 03, 2017, 01:28:52 PM
 #24

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?

How you can say Bitcoins is anonymous.It is pseudo anonymous its transaction is in public everyone can watch the transaction process. If governments want they can build any source which can track the transaction. About the fee actually you have pay fee we all know that the fee is higher but look there price which is increased bitcoin fees is different than other alt coin you can't compare bitcoin with alt coin .Altcoin don't applied high fees because most of crypto user involve with bitcoin instead of other coins so that's why alt coin have low fee

Do you register your documents when you are creating a bitcoin wallet? Not talking about coinbase, People can't know your name just by looking at your transactions history, You don't need to show your ID to anyone when you are sending or receiving bitcoins. You could stay anonymous all the time, If you do your trading by OTC/P2P.
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December 03, 2017, 01:45:47 PM
 #25

Bitcoin has always been great warrior in the world of blockchain and it will keep itself on the top forever. It gives us full fledged garuntee that wide spread acceptance will be there for bitcoin but after sufficient development from now onwards. World is already pushing itself into bitcoin investment and I'm sure that developers knows about it or have felt about it. Its upto there hands now how to evolve this beauty Ito something greater and useful in day today life.

There could be another possibility that government might look at the bitcoin as potential way to use in the public sector and as well into the private sectors in the future. They might entertain the needs crypto people and will give it a shot. This way bitcoin will become more spreader across the globe and it will have great recognition. This way we can be sure and yes thats why we should give a damn about it!
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December 03, 2017, 02:38:26 PM
 #26

Bitcoin is still good investment until now, this year bitcoin the price up so amazing.
Bitcoin can help all people to get profit and do some job, so people will damn bitcoin.
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December 03, 2017, 03:07:34 PM
 #27

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?
As of now Bitcoin faces an issue on  Slow Confirmation of Transaction , and also on anonymity. If you are asking what is needed to guarantee more wider acceptance? I think the first step is to resolve this pending concerns, second is advertisement on social media could also help to buzz Bitcoin to other people.
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December 03, 2017, 03:29:03 PM
 #28

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?
people don't receive bitcoin because they have no assurance that their money is in the safe program cause the bitcoin is not centralized right .......... if bitcoin get centralized some people will be so disappointed in it and not accept it too. bitcoin need some time.
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December 03, 2017, 04:29:35 PM
 #29

We should give a damn about bitcoin because it is simply the feature . And it may one day replace the government issued fiat currencies that rule the world now . Bitcoin is representing a huge asset for it's users , holders and traders and might become a global currency one day especially that it's rated among the top 40 now . So getting interested in it is a must !
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December 03, 2017, 04:44:27 PM
 #30

The best thing about Bitcoin is its portability and wide acceptance. Thousands of websites accept Bitcoin as a way of payment and it security is at best level which means that all the transactions made from one Bitcoin wallet to other Bitcoin wallets are secured and can not be penetrated easily. I won't talk about anonymity  of Bitcoin because it isn't the most anonymous Crypto however It is the most reliable for almost every individual and businesses. Bitcoin is more secure than other Cryptos and is accepted in most of the countries. Bitcoin promises strong protection from hackers and is very secure for transactions. Bitcoin transactions do not require the help of banks and the fee for Bitcoin transactions is less than banks. Bitcoin is just awesome without any doubt and that's why anyone and everyone should use it.

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December 03, 2017, 04:48:15 PM
 #31

For bitcoin to be widely accepted by the people is that, first it needs to be stable in its value, bitcoins unstable price surge if what keeps people from investing to it, they are scared that someday it might hit the ground because of its volatility.
Well if you will focus only on that point. Then bitcoin will have a long way for achieving that mass adoption because the volatility of bitcoin's price is something that we bitcoin users are having trouble with for a long time. Also, the fact that this kind of volatility may give us more benefits than its price being stable as we want it to be, we don't care! Because through this, we could profit much larger when whales manipulate the price of bitcoin in the market.
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December 03, 2017, 05:44:11 PM
 #32

why not i really love bitcoin im happy that i cam finally sell my bitcoin
i was waiting for 5 months that when the price will reach 10000 i will sell
it i have already sold 50% and will wait for the price to rise more
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December 05, 2017, 11:58:54 PM
 #33

For bitcoin to be widely accepted by the people is that, first it needs to be stable in its value, bitcoins unstable price surge if what keeps people from investing to it, they are scared that someday it might hit the ground because of its volatility.
I think we didn’t need to give damn about bitcoin because bitcoin is here to keep us away from such problems like lake of knowledge and the most surprising is lake of money, we know not much people invest in bitcoin and the problem not due to BTC it’s a problem of people having low knowledge that’s why bitcoin always important to me.
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December 06, 2017, 12:13:37 AM
 #34

For bitcoin to be broadly acknowledged by the general population is that, first it should be steady in its esteem, bitcoins unsteady value surge if what shields individuals from contributing to it, they are frightened that some time or another it may hit the ground on account of its unpredictability.
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December 06, 2017, 12:18:17 AM
 #35

Bitcoin is gaining more global acceptance daily as compared to other cryptocurrencies. With Bitcoin, we can be sure of greater liquidity and it has made international transactions and businesses easier relative to other currency. The level of anonymity Bitcoin gives is unparalleled and the ability to transact businesses with Bitcoin at a relatively lower fee is unequalled. What do you think is needed to guarantee more wider acceptance?


If bitcoin will be legalized and formally announce about using it will help everyone to manage our time and it can bring us more easier and very convenient transaction.

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December 06, 2017, 12:51:40 AM
 #36

Bitcoin is the best choice for all and wants to make an investment, as bitcoin prices are still going to increase and can also help everyone in terms of daily living needs so that bitcoin will be their top choice.
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December 06, 2017, 03:04:41 AM
 #37

Because it's safe, low transaction fees and no chargebacks
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December 06, 2017, 04:36:26 AM
 #38

Bitcoin can change my life and you, from unearned to earning so many people believe in bitcoin and then investing so that they are very trusting with bitcoin that will change one's fate.
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December 06, 2017, 05:41:10 AM
 #39

Because bitcoin has given us many benefits, bitcoin also gives not only hope for us to change our economic future. Bitcoin also gets a more global acceptance compared to other cryptoes so we become more confident with bitcoin everything we want can be achieved.
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December 06, 2017, 07:26:00 AM
 #40

bitcoin has bren showing us how helpful it is to us. based on personal experience bitcoin really provided finances for me and I had been able to buy things I need and some wants due to the profit that I earned from here.
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