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Question: Why is the use of Bitcoin increasing?    
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Total Voters: 32

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Author Topic: Why is the use of Bitcoin increasing?  (Read 1465 times)
ToddDiaz
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April 10, 2018, 11:27:50 AM
 #181

The use of bitcoin is increasing because people are tired of having their money controlled by others and not themselves, bitcoin puts you in absolute control of your money and your assets and it is controlled by no one, that is the best part and that is why more and more people will keep using it.
bungutko
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April 10, 2018, 01:41:11 PM
 #182

The use of Bitcoin is increasing because people see this as a payment to improve their lives. If Bitcoin is illegal, then why then a lot of people are in this site? More are pro than against. Other countries may have banned Bitcoin for some reasons, but on the other hand, more and more people are outgrowing Bitcoin.
Cryptogid
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April 12, 2018, 11:45:51 AM
 #183

The use of bitcoin is increasing due to the daily advert going on with Twitter,facebook,you tube, linking,people are using it to buy things online,buy airtime, there is even now bitcoin exchanging with fiat..
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April 12, 2018, 11:51:03 AM
 #184

The use of bitcoin is increasing due to the online social media adverts like on facebook,linking,youtube,twiiter,bitcoin is been exchange with fiat in some locality..and buying of airtime..
rockerzofIco
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April 12, 2018, 01:21:39 PM
 #185

Bitcoin is increasing because its a good investment. Secondly Like Cloudfish token is NOT A SECURITY. It is a utility token that can be traded on ERC20 compliant exchanges or used for buying products and services from CloudFish. The holders of CFH token are only entitled to trade the token or use them to buy CloudFish products, if successfully developed, as described in this document. The CFH token itself is be based on Ethereum, a blockchain-based
computing platform. Ethereum allows smart contracts – distributed computer programs which can facilitate online contractual agreements in a cryptographically secure manner.

Check the website : www.cloud-fish.io
followmenot
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April 12, 2018, 01:26:58 PM
 #186

I would want to say its because of blockchain (Cause my reason for initial investment was blockchain technology) It think people prefer to invest in bitcoin because it will rise and nothing else matters to them.  Embarrassed

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Lucas Riley
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April 12, 2018, 01:28:34 PM
 #187

I think big institutions are getting involved as a hedge incase it explodes. Covering their bases
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April 12, 2018, 01:41:44 PM
 #188

Everyone can start bitcoin business, it’s not difficult at all, there are a lot of tutorials  and guides in the web.

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Allura74
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April 12, 2018, 01:56:56 PM
 #189

I would want to say its because of blockchain (Cause my reason for initial investment was blockchain technology) It think people prefer to invest in bitcoin because it will rise and nothing else matters to them.  Embarrassed
Bitcoin is really built to be decentralized system using blockchain technology but I did not think that is the reason of continues growth of bitcoin usage, what i see is that because of bitcoin popularity of making good profit from it, then many people come buying and selling or in terms of investment and therefore there are now many people consuming bitcoin.

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April 12, 2018, 02:29:11 PM
 #190

Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’
 But then - Why is the use of Bitcoin increasing?   



I think is it increasing because they know that bitcoin can help them to become rich and succesful. Is it increasing also because you can see bitcoin everywhere in television,  newspaper, magazine, movies and also in advertisement.

i a quite agree. The stories about peoples have succeed because bitcoin will become inspirations for many peoples.
More peoples will join in bitcoin, and more peoples will buy bitcoin to invest.
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April 12, 2018, 02:31:44 PM
 #191

Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’
 But then - Why is the use of Bitcoin increasing?   


The increasing of bitcoin demand is due to many people want to buy while the price is low.
BCSHonda
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April 12, 2018, 03:24:25 PM
 #192

Bitcoin is increasing because many people in the world already know the benefits of bitcoin and use it. In particular, investors have used bitcoin as a tool for trading and investing in the profitable cryptocurrency market.
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April 12, 2018, 03:30:26 PM
 #193

Although transactions are made in virtual currency bitcoin, the customer will be deducted real money and the seller will also receive real money. Bitcoin's main advantage is that transaction costs are much cheaper, much faster than Use bank cards or other online payment services, beyond the reach of the regulators. Countries like Bitcoin are very popular because they are considered a new, easy to pay, low cost experience. A lot of virtual currency in place to replace the usability of currency. Bitcoins, however, are the most popular currency used by many, especially for Germans. At Konigsberg, people can buy Bitcoin. Customers only need to use the smartphone app to scan the owner's code and the Bitcoin will be transferred from the customer's account through the store.
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April 12, 2018, 03:54:54 PM
 #194

Bitcoin is increasing, because people already know and see that they can earn profit if they invest in bitcoin. The profit is the reason this is why most people are attract to invest in bitcoin and the price is continue increasing. Most especially its an international currency. 
Tasya04
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April 12, 2018, 05:55:59 PM
 #195

I think the reason is that they see bitcoin as an asset and a mode of payment. Yes, many countries are banning bitcoin for some reason but more are using it because they see the benefits of bitcoin and can get results then fans increase
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April 12, 2018, 06:00:07 PM
 #196

Because everybody knows that bitcoin is so reliable that it will be profitable for those who invest into Bitcoin, so it's no mistake if bitcoin is getting more and more user use ...
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April 12, 2018, 06:07:00 PM
 #197

Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’
 But then - Why is the use of Bitcoin increasing?    

Bitcoin has a volatile value and as its value increases over time, the money you have spent to buy some of it will also increase which can also show up as a passive income wherein you are gaining profit without doing anything. It is also one of the main reason why many people are holding their bitcoin for a long time, hoping their profit will increase more. All of this are the reason why the number of bitcoin users are increasing over time.
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April 12, 2018, 06:09:35 PM
 #198

Banking institutions, law enforcement agencies, business leaders, Governments and many others call Bitcoin ‘illegal.’
 But then - Why is the use of Bitcoin increasing?   

Many people see bitcoin as a great opportunity to earn more money as they invest on it. Bitcoin is gaining much popularity mainly because it is getting more expensive as time passes by, the pump attracts more investors and users to invest on bitcoin. It is also revolutionary knowing that it is predicted to be the future currency we will be using in the future.
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April 12, 2018, 06:43:23 PM
 #199

Actually not because of the use of Bitcoin, but the rising investors. To be honest, until now fewer people use bitcoin as a payment especially when bitcoin is not illegal ... it's sort of unrecognized ... but you can wait a year or two and let's see what happens...
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April 12, 2018, 06:48:05 PM
 #200

the use of bitcoin is increasing  because its becoming widely acceptable and it is also increasing in value/worth. when something is of value/worth, it becomes very useful
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