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Question: Why is the use of Bitcoin increasing?    
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Author Topic: Why is the use of Bitcoin increasing?  (Read 1538 times)
ritsel02
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January 01, 2018, 12:50:43 PM
 #61

Some countries didn't consider bitcoin as legal but others already legalized it.In my country,it's not yet legalized but not prohibited so we could still used it freely.Only the exchanges has been regulated so they still have a control on it.Increasing people engaged in bitcoin since it already became a trend to invest in order to gain a huge profit.
sino22
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January 01, 2018, 01:12:55 PM
 #62

Some countries didn't consider bitcoin as legal but others already legalized it.In my country,it's not yet legalized but not prohibited so we could still used it freely.Only the exchanges has been regulated so they still have a control on it.Increasing people engaged in bitcoin since it already became a trend to invest in order to gain a huge profit.
btcoin users are increasingly on the rise, but that makes the issue when the bitcoin is legend. right now in my country too, bitcoin has not been legalized but it can still be used by many people, without any consequences now. but what we want is certainty.
cryptotaste
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January 01, 2018, 04:56:00 PM
 #63

People are depending of online markets. it is easy and time saving. Mainly online companies are allowing Bitcoin day by day. So the use of Bitcoin is increasing. Many countries are also allowing it and the number is increasing.This is how the use of Bitcoin is increasing.
noorammak
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January 01, 2018, 05:03:17 PM
 #64

i think bitcoin is getting more attention from the public, and attract more investors to bitcoin, so the demand for bitcoin is overweight the supply, so the price keeps rising more and more and still not slowing down.

arlington
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January 01, 2018, 05:10:31 PM
 #65

When there is an asset that brings profit to everyone and when people benefit from it, it doesn`t matter if they call it illegal or anything else, the usage of it would increase one way or another.
removebeforeflight
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January 02, 2018, 06:44:31 AM
 #66

Banks and investment agencies or anyone says Bitcoin is illegal due to their revenue is impacted and going to impact more if bitcoin usage by people increases. However, they eat up people's profit and give back just a small portion of profit, but bitcoin is giving back directly the profit we get (peer to peer) and this is one of the reason bitcoin use is increasing.
cipher-x_09
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January 02, 2018, 06:56:59 AM
 #67

Simple really people want to escape from the grasp of the government nowadays taxes are increasing day by day because they are needing funds o suffice their greedy corrupt minds instead of the government being created for the people its entirely being made to for the selected greedy officials and that's what people want to get away from people want to experienced financial freedom.

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bitfocus
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January 02, 2018, 10:00:30 AM
 #68

There are only a few countries where Bitcoin is "Illegal" - rest of the countries are either neutral to Bitcoin or Friendly to Bitcoin.
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January 02, 2018, 10:41:39 AM
 #69

Because, Bitcoin Contains Investment It became popular day by day. Its price has almost doubled in the year compared to last year.
kennyy2929
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January 02, 2018, 10:44:29 AM
 #70

japan is using bitcoin for payment Cheesy
ayeba
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March 02, 2018, 10:53:25 PM
 #71

Bitcoin is an asset and the continuous progress bitcoin has adopted by the investors in the high rise of it's investment grade. More investors are on the verge of discovering bitcoin due to its demand.  Bitcoin price pushes the price of Bitcoin to go up.
ALI AKBAR
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March 18, 2018, 11:14:50 AM
 #72

I think people use Bitcoin because they think it's gold assets. Bitcoin is a payment way for them. Bitcoin is making people rich. Helping them earn money. Bitcoin is helping people meet all basic needs. Helping to reduce the number of unemployed people.
milandres0207
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March 18, 2018, 11:48:11 AM
 #73

Some countries tell that it is illegal but continued in those countries who accept it will continue accepting in many store, it is because they are the one who believe that bitcoin is really have a good future as our future money, the next to the fiat as payment in many transaction online.
loginov
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March 18, 2018, 11:51:20 AM
 #74

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


If you are talking about more people investing in bitcoins, it is because of the increasing awareness. Juts look at the huge number of bitcoins blogs, YouTube channels related to crypto and forums coming out everyday.
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March 18, 2018, 11:51:54 AM
 #75

because bitcoin is very fast in transactions comfortable and transparent. Wink
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March 18, 2018, 11:59:26 AM
 #76

This is because people like the idea of being their own bank. The idea of a decentralized currency means that the individual gets to control what happens to their money without the help of banks and third party institutions having a say in it. Also the fact that their coins have the potential to grow and have even more value without them doing anything to it.



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saiful1234
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March 18, 2018, 01:05:43 PM
 #77

Bitcoin will change the world. It has the power.It increasing day by day.It price will be very high.It has give a extra income sitting at home. Bitcoin as a good advantages because it has  give a opportunity.
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March 18, 2018, 01:12:31 PM
 #78

because more and more people are beginning to understand that bitcoin is the future where you can earn
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March 18, 2018, 01:17:13 PM
 #79

Simply because bitcoin is very easy to use and fast peer to peer transaction thats why many people use bitcoin as there savings acount rather that in the bank. For me bitcoin is very interesting and you can learn a lot from it especially  mining, trading and investing thats why more and more people are very interested now a days.
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March 18, 2018, 01:57:13 PM
 #80

Because bitcoin is the most exciting currency today. The value that bitcoin gives to investors is huge. There are many bitcoin billionaire appearances. Many countries have accepted bitcoin coins. So many people are investing in bitcoin.

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