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Author Topic: Reasons Why We Should Love Bitcoin  (Read 1398 times)
Farvin2
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January 29, 2018, 08:00:18 AM
Merited by Advicerabi (1)
 #1

In the place I live most people I invite to know bitcoin always refuse to recognize bitcoin... What happened to this people?

This is the reason why we have to love bitcoin :
- Bitcoin Makes Trade Easier
Modern economics is rooted in the belief that competition in the global economy is a free What this means is that when nations interact through peaceful relations and trade all participants will get benefit. This belief is at the root of all arguments for free trade and globalization; the more opportunities there are for people on Earth to trade with each other. As the first globally available avenue for sending value around the world instantly, the Bitcoin payment network should be an immensely powerful tool for fostering the continued globalization of trade and, by extension, greater prosperity for all of humanity. people should recognize this opportunity.
- Bitcoin is not controlled by any Government or agency
The Blockchain database using bitcoin is not controlled by one party, but rather the very open to the public so that it is impossible for someone to fabricate transactions on Blockchain. The entire transaction was recorded live, transparent, and spread to millions of servers. Those who want to alter or falsify the data transaction Bitcoin, must compromise millions of these servers at the same time.
- secure
You might think that the bitcoin system open source enables a computer genius can break system bitcoin and published a number of bitcoin for himself. In fact this system has been reviewed by various circles as flawless. Every past transaction data stored in all peer across the network, and must be a sequence. Each transaction will be verified by a number of peer recently was declared valid. Bitcoin system is safe, unsafe is users and money exchangers. Just as the internet banking password, hackers could easily steal some money from you if your computer is infected by a virus.

In the end though, there is people will probably continue to disregard what is going on with Bitcoin. And that’s ok. It just means there’s more for the rest of us to love. 

And for you guys, why continue to love bitcoin?

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January 29, 2018, 08:53:09 AM
Merited by crustycrab666 (1)
 #2

Biggers reason why we need love bitcoin becose alot of ppl buy it for 400-500$ somebody 2-3k$ and they a so love bitcoin aswell Smiley
Bitcoin give us anynomous and decetralization which make our life easy , becose we a tired of banks and financial controll Sad
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January 31, 2018, 03:32:36 PM
Merited by kerjakuat (4)
 #3

In my opinion, the reason why we should love bitcoin is because of its price. Price is one of the first reasons to love bitcoin because of its enormous value for a bitcoin alone, imagine if we get more of it. The second reason is the effect of bitcoin. If many people know bitcoin articles, I'm sure people who know it's interested in investing in bitcoin too.
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February 08, 2018, 06:49:09 PM
 #4

the main reason for bitcoin love is open source technology and blockchain and transparent and light fasting network with less fee
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February 08, 2018, 07:16:46 PM
 #5

The reason why we should love bitcoin its because of there benefits that give us to many people that use bitcoin. Bitcoin is an online technology that give us a profit and to give helps for an extra income if you know what bitcoin you will earn a lot because there many ways to earn in this bitcoin. Thats why many people love bitcoin. Bitcoin is an open source of technology that give us a better future.
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February 08, 2018, 07:30:41 PM
 #6

The reason I love bitcoin is because it lets you be your own bank. You are the only and sole responsible for anything that happens to your money, bitcoin in this case. You can choose to trade in exchanges, you can choose to keep it as a store of value or you can buy things and invest in online sites. All of this without a central authority supervising you and that is the most critical point for me why I love bitcoin.

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February 08, 2018, 07:36:59 PM
 #7

The Reason why we should love bitcoin it's because it's a digital money you can buy and sell goods and commodity by taping our QR code or btc address. Bitcoin is for people's money and not controlled by anyone else especially government. Without bitcoin there's no Blockchain that's why I love to see biitcoin growing.

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February 08, 2018, 07:53:41 PM
 #8

Many people love bitcoin simply they make money, without knowing the function. Personally, I love believe because of its technology who offers great services, faster transaction compare to banks and lower fees and you will remain annonymous and of course it makes money for me enough to cover up things.
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February 08, 2018, 08:02:29 PM
 #9

Because is a crypto leading coin and well secure with private key on blockchain family, and is the best so far and accessible in market exchange 24 hours demands and supply in market and secondly Bitcoin is the best to invest and have a great return, and is profitable.   
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February 08, 2018, 08:02:40 PM
 #10

Biggers reason why we need love bitcoin becose alot of ppl buy it for 400-500$ somebody 2-3k$ and they a so love bitcoin aswell Smiley
Bitcoin give us anynomous and decetralization which make our life easy , becose we a tired of banks and financial controll Sad
Bitcoin is very lovable. As you've said, bitcoin-enhanced updates are popular with modern society. Moreover, bitcoins are decentralized and transparent, we have the independence to manage the assets we have. In addition, bitcoin provides a solution of cash limitations.

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February 08, 2018, 08:04:25 PM
 #11

Actually the main purpose of bitcoin is to make funds secured and make transactions convenient. Bitcoin providing good income due to it's high demand is just it's additional feature. Bitcoin is really profitable, because a lot of people are trusting it and a lot of people are expecting a lot of money from it.

 
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February 08, 2018, 08:08:38 PM
 #12

First fo all its is secure payment technology and another reason for bitcoin love is open source technology and price.whatever Bitcoin leading Crypto world which is another reason.
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February 08, 2018, 08:08:49 PM
 #13

The first and foremost reason for loving Bitcoin is that it's a store of value, along with this there are various other reasons for loving it. It's decentralized, anonymous, easily transferable, technologically advanced, etc .  

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February 08, 2018, 08:14:24 PM
 #14

aside from the stated characteristics of bitcoin, i love bitcoin because it gives me financial freedom thru arbitrage and inspite of its volatility, i find bitcoin better than stock exhange and forex because bitcoin suites my living as a mellenial.
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February 08, 2018, 08:29:53 PM
 #15

Well, for me though, the thing that makes me love bitcoin so much is the rich history behind it, the man/team behind it and of course my love for thrill. Now i would obviously be lying if i say that i don't care about the prices and money. but those are only secondary likes. And besides, I never invested money i cannot afford to lose. Anyone investing money that they cannot afford to lose. Are somewhat pretty stupid in my eyes. Although i do not know the varying reasons, i stll don't agree with it.

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February 08, 2018, 08:38:04 PM
 #16

Bitcoin is the result of technological development so that if a person, society, or country that has the desire to go forward they should be able to take advantage of the technology because a group or individuals can be said to progress is seen from the technology used. One of the ways that illustrate or demonstrates that we love bitcoin is by using bitcoin and the technology to be used in some of our activities as well as in the economy.

 
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February 08, 2018, 08:43:12 PM
 #17


- Bitcoin is not controlled by any Government or agency


I will just quote one because I want to focus with this.
With all that you have said it is all right.

The one that I have quoted is the one stopping all of the good things that shouldve happened by now.
Government controlling everything.
First and the big one of all is MEDIA.
They can control it and it is the fastest way to spread news. Even just a bit of a bad news can be tattooed in the people minds as long as it is from the government they will think it is a reliable source.

Just that, affects everything.

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February 08, 2018, 08:45:46 PM
 #18

In the place I live most people I invite to know bitcoin always refuse to recognize bitcoin... What happened to this people?

This is the reason why we have to love bitcoin :
- Bitcoin Makes Trade Easier
Modern economics is rooted in the belief that competition in the global economy is a free What this means is that when nations interact through peaceful relations and trade all participants will get benefit. This belief is at the root of all arguments for free trade and globalization; the more opportunities there are for people on Earth to trade with each other. As the first globally available avenue for sending value around the world instantly, the Bitcoin payment network should be an immensely powerful tool for fostering the continued globalization of trade and, by extension, greater prosperity for all of humanity. people should recognize this opportunity.
- Bitcoin is not controlled by any Government or agency
The Blockchain database using bitcoin is not controlled by one party, but rather the very open to the public so that it is impossible for someone to fabricate transactions on Blockchain. The entire transaction was recorded live, transparent, and spread to millions of servers. Those who want to alter or falsify the data transaction Bitcoin, must compromise millions of these servers at the same time.
- secure
You might think that the bitcoin system open source enables a computer genius can break system bitcoin and published a number of bitcoin for himself. In fact this system has been reviewed by various circles as flawless. Every past transaction data stored in all peer across the network, and must be a sequence. Each transaction will be verified by a number of peer recently was declared valid. Bitcoin system is safe, unsafe is users and money exchangers. Just as the internet banking password, hackers could easily steal some money from you if your computer is infected by a virus.

In the end though, there is people will probably continue to disregard what is going on with Bitcoin. And that’s ok. It just means there’s more for the rest of us to love.  

And for you guys, why continue to love bitcoin?


and there are things that are lacking
Bitcoin gives you a lot of advantages, knowledge and helps us and many peoples out of economic difficulties  Wink

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February 08, 2018, 08:47:26 PM
 #19

Bitcoin is the result of technological development so that if a person, society, or country that has the desire to go forward they should be able to take advantage of the technology because a group or individuals can be said to progress is seen from the technology used. One of the ways that illustrate or demonstrates that we love bitcoin is by using bitcoin and the technology to be used in some of our activities as well as in the economy.
I wonder why the governments are ready to accept blockchain technology but are not ready to accept Bitcoins and i think it is very hypocritical on their part . The banking sector has lost the trust of almost everyone and with Bitcoin, we can free ourselves from their greed.

 
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February 08, 2018, 08:48:56 PM
 #20

It is a whole new invention for currency!  I don't think too many people understand this.  Its hilarious to me when people, world renowned experts like George Soros, say 'uhh, its a bubble but idk wtf it is.'  They don't see it!

It is the future, I just hope that political in fighting doesn't kill it off.  But even so, there are many other coins waiting in line to take its place.  Either way they are here to stay.

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