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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 1462 times)
MMnoob
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April 12, 2018, 07:08:08 PM
 #201

Suasti Atmastuti Astaman, Business Development Manager at Bitcoin Indonesia, said that the rapid rise was due to the growth of Bitcoin's user base and trading volume due to Bitcoin's legalization rules in various countries including China, the United States and Russia.

Clear regulatory framework and Bitcoin policy, enables local Indonesian users to better understand the benefits and advantages of using Bitcoin rather than fiat or other banking services.
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April 12, 2018, 07:13:11 PM
 #202

I think very many see bitcoin as an asset, a form of investment and a very convenient method of payment. And the fact that in some countries it is still banned, so I think it's just a matter of time, my friends.
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April 12, 2018, 07:48:58 PM
 #203

I think they speak negatively about bitcoin to those who do not benefit from its use. Cryptocurrency is a genius invention of this century, and we must use it.
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April 12, 2018, 08:07:04 PM
 #204

Because bitcoin makes it possible to earn and has an excellent technology with the prospect of development.
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April 12, 2018, 08:25:49 PM
 #205

All these bank institutions, authorities, captains of industry and so on say bitcoin is illegal, because that's how they want to eliminate bitcoin. They see cryptocurrencies as a threat to their business, as bitcoin would bypass them in financial transactions. Spreading FUD would scare off investors, so the price would drop.
But as we see nowadays, bitcoin is getting more and more popular day after day.

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April 12, 2018, 08:27:36 PM
 #206

use of bitcoin nowadays is still increasing due to its advantage which gives the an easy flow of money. its nontaxable, yes indeed some countries banned and called bitcoin illegal but still it gives a better opportunity for cash to flow easily in the market.
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April 12, 2018, 08:28:49 PM
 #207

Because people see bitcoin as a form of investment by which they can earn real money
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April 12, 2018, 08:34:54 PM
 #208

People are increasingly going crazy over bitcoin because it can give a chance to earn very good money. Therefore, the flow of investors only increases.

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April 13, 2018, 04:43:34 AM
 #209

The use of bitcoin is increasing because everyone wants to be financially free from the government and Central Bank,  no one cares whether it is declared illegal or not,  bitcoin is a free market that unites people from different countries in other to come together and carry put huge amount of transactions within seconds even without knowing each other from anywhere before.  Bitcoin is great.
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April 13, 2018, 06:54:04 AM
 #210

I think it's because some people seeing a new opportunity available from bitcoin itself for making money in the future so they decide to try to use bitcoin and only hold it without thinking about the price. the other side, many people trying to make money from bitcoin by doing a trade or other else so they can increase the amount of bitcoin they have. once they are a success to make money from bitcoin, they will tell their story to other people so they will come to bitcoin and try to make money like their friends said.



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JPage
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April 13, 2018, 02:21:24 PM
 #211

The people divided into two categories, those, who hold bitcoin, and those, who are opposed to it. The first category prevails.
Blue Bell
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April 13, 2018, 05:44:09 PM
 #212

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..
The advertisement of the bitcoin is really contributing in increasing the use of bitcoin in our society as now bitcoin is being use worldwide and people are really using bitcoin for shopping and to get everything they want in life, for me the best ever investment is bitcoin. it use to grow in price and get very high within time so it makes a lot of profit which is being a reason for people to love bitcoin.
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April 13, 2018, 11:16:30 PM
 #213

many people are hoping for a huge profit by using bitcoin, as well as with the ease of bitcoin being a unique attraction for every bitcoin member. and he himself uses bitcoin for that reason.
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April 15, 2018, 05:20:41 AM
 #214

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

There is very old saying in English that more you criticize the thing, more it will become popular and the same thing happens with bitcoin also. Media, government, bank officials, all government bodies declared bitcoin illegal and declared the use of bitcoin risky, but now people have understood the real potential of bitcoin and now there are millions of people investing into BTC because Now they have understood that bitcoin is something that will bring revolutionary change in the economic society in future.
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April 15, 2018, 10:05:01 PM
 #215

The use of Bitcoin increases, This is in line with the increase in the value of virtual currency in recent weeks even to break the record high and many are investing Bitcoin because it is very accessible and very profitable for the user.
avoxosuccesful
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April 15, 2018, 10:14:21 PM
 #216

Funny eh!sometimes i ask my self the same question,but truth is to me they see bitcoin as an asset and one word "money"the only thing that brings us to common goal.the rise of bitcoin with all the critics make em wonder and thing those same ppl who  talks shi about our wonderful bitcoin are the same peeps using it the more and investing because it is the coolest tech ever and this is just the beginning cause when it skyrockets then we'll be in charge.
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April 15, 2018, 10:22:06 PM
 #217

of course. the name of the business / work if I think in the digital world bitcoin very profitable. let alone give us the opportunity to become a millionaire. automatically surely many people are interested in bitcoin .With increasing. age of bitcoin. surely more and more people who know and join in bitcoin. let alone now bitcoin prices slightly improved .

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April 15, 2018, 10:25:57 PM
 #218

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

Because more and more people now understand the basic concepts and function of Bitcoin in the ecosystem. They have seen the value, benefits, and advantages of using Bitcoin in their transactions and daily needs. And so a lot of them are chasing the ride coz they wanna jump right in. Bitcoin has trully made a great impact in the world's economies in terms of opportunities for financial growth and stability. And with the increasing number of patrons, Bitcoins popularity continues to grow.

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April 15, 2018, 10:28:51 PM
 #219

I think the use of bitcoin increases and lots of people are hunting for bitcoin because of the high value and expensive price of bitcoin, bitcoin could be one of the best reputable coins now in cryptocurrency. this is one factor that may be used as a coin of deposits and the best investment.

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April 15, 2018, 10:38:00 PM
 #220

very easy, the reason is because more and more people are interested to buy bitcoin. and the belief in bitcoin from day to day increases.
it also proves that, bitcoin has been accepted in the community.
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