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Author Topic: Why do people want Bitcoin?  (Read 2602 times)
munareal
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January 30, 2018, 03:54:36 PM
 #21

I want bitcoin as an asset and also as a currency. To  HODL and make good profit . I want to use bitcoin as a mode of payment . To spend it on things I need with out so much stress.
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January 30, 2018, 03:55:41 PM
 #22

Why do people want Bitcoin?

Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.

The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.

I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.

Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.

They want Bitcoin simply because they wanted it to succeed. And the only way for it to succeed is to use it.

Petmalu001
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January 30, 2018, 04:02:37 PM
 #23

Bitcoin is a new currencies in the digital age. To decentralized all payment transaction and it can cross borders without any banks or governments.

Bitcoin is a currency which have very high price in the market and bitcoin is convertible to other currency that everyone can be easily earn so that is

why everyone want to have bitcoin.
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January 30, 2018, 04:05:54 PM
 #24

Why do people want Bitcoin?

Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.

The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.

I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.

Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
At the moment, most people perceive bitcoin as an investment asset. There is little place where you can use bitcoin as a currency.
It makes sense to use bikin to avoid bank transfers. In this case, the person will get anonymity and save a lot of free time
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January 30, 2018, 04:06:48 PM
 #25

People want bitcoin for the same reason they want gold.

Because it has a nice price on the market and the amount of bitcoin is limited.

But people want bitcoin to make money with time, you know... but at $10,000 then sell at $100,000. If people are good at holding, then will be easy for them to make profit.

People want bitcoin to send money for other countries without paying those big fees to banks, and one last reason is; people want bitcoins because no one can freeze your money (like banks do), so, if people have bitcoins, bank and  gov can't do anything to stop them  Wink

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January 30, 2018, 04:11:22 PM
 #26

it is a weakness bitcoin whose value is never stable in a long time, so we hesitate to make transactions using bitcoin ,,,,
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January 30, 2018, 04:14:05 PM
 #27

More and more people are getting curious and interested in bitcoin daily because they are seeing it as an easy way to earn and make profit. If they understand it clearly, they will realize that they can use it as an alternative to their savings and other investment vehicles.
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January 30, 2018, 04:19:59 PM
 #28

Bitcoin is a crypto currency and people also like the technology behind bitcoin.
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January 30, 2018, 04:28:16 PM
 #29

People want Bitcoin due to its transparency, security, ease of transfer, lower transaction rates and many more. People invest in Bitcoin basically to get huge profits. Some people use it in their business due to no involvement of intermediary banks and ease of transactions. People buy Bitcoin just like they buy gold and keep it until they are comfortable with the price and at the right time sell them to get profits.
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January 30, 2018, 04:38:11 PM
 #30

it is elementary because it is constantly growing, so is growing, it is expected that he will continue to develop and increase accordingly
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January 30, 2018, 04:40:37 PM
 #31

Yes, it's true Bitcoin is a crypto currency that can be converted to other currencies, for example into Rupiah, with Bitcoin we can buy other coins. Many people want bitcoin because bitcoin is easy to find and many people can get rich quickly from mining or trading in bitcoin. And to get bitcoin is also the knowledge of people - people are increasing about the world of cryptokurensi, which people - people more familiar with many alternative coins. Many who follow the bounty program, airdrop or buy coins when Ico then get the coins then exchange them into real money form and then invest again in bitcoin to earn for the big, because bitcoin price is the most expensive now.

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pogitayo
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January 30, 2018, 04:45:22 PM
 #32

Why do people want Bitcoin?

Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.

The recent boom in Bitcoin may be great news for those who put money here early. But it also made it possible for Bitcoin to become a distant currency.

I can now use my Bitcoin number to buy stuff at Overstock or book a hotel at Expedia. But if I use Bitcoin to buy $ 25 on the Overstock today, and next week Bitcoin prices will increase fourfold, I'll feel that stock is $ 100. If Bitcoin loses its price, at least I still have the stock to use.

Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.

Because in bitcoin, we can gain a large amount of money just by reading and studying posts from other users. It requires less work to generate that money.
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January 30, 2018, 04:45:46 PM
 #33

Bitcoin has come to stay. The wide acceptance of Bitcoin has made  it to be mostly sought for among the digital currencies. Bitcoin is also being used as store of value by a lot of holders. The availability and liquidity is also a big plus for bitcoin.
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January 30, 2018, 04:47:07 PM
 #34

Well question.Whoever studied the history of  BTC,must be wishing to have BTC in his BTC Wallet Account.Lets discuss those investor who invested in BTC in 2016 and early 2017 consider how much rich those peoplewill be now.If you throw a glance at the parabolic graph of BTC many things will clear to you automatically some times it went down and some time ups,Its value in Jan-2017 was around 1200USD,it soared to 19783USD till 21 Dec-17,meaning to say that it increase 1500 times.Many other cryptocurrencies are their in market but those do not grow at the same value as BTC.Investment in BTC requires patience and long time framework.Comparison of BTC with other digital currencies make it more prominent,so its give people an insight how they can make their investment decision after reading these factors.

So after explaining these common facts about BTC,Everyone will aspire to have BTC so that one may get higher reward more than his earning.
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January 30, 2018, 04:48:31 PM
 #35

Well, yea it is true what you say, but on the other hand  it is very hyped and might overheat with a time and then boooom !
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January 30, 2018, 04:50:09 PM
 #36

Bitcoin is a crypto currency and can be convertible to any other currency. Also, it can make your life easy because of its very high price.
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January 30, 2018, 05:12:50 PM
 #37

bitcoin is free of any political or financial institution who may try to change or influence its outcome  and as such it provides a somewhat "incorruptible" system of trading and doing business.There is also the great advantage as its price continually shows a percentage gain over the past couple of months and as such anyone who would have purchased some bitcoins even a year ago would have seen a significant return on their investment , not only does this present a tax free investment that you can access without a bank or any financial institution but it is a means of making signicant returns in the very short term. 

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January 30, 2018, 05:19:00 PM
 #38

Every person needs money for life. And bitcoin is a valuable money because, it is a crypto currency. So, through this bitcoin, we can own a lot of money. Bitcoin is a good business. That's why everybody wants a bitcoin.
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January 30, 2018, 05:23:36 PM
 #39

It is popular. In short, people accept and trade in Bitcoin because other people accept and trade in Bitcoin. It is recognized and accepted as a currency by many.
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January 30, 2018, 05:29:57 PM
 #40

I believe that bitcoin gained most of it's fame during 2017 in December when it went through a great pump and attained the value of $19k.People want bitcoin because they want to earn easy money by riding with it through it's pump.I won't say it's that easy as investing in bitcoin also has it's risk.But yeah if one has made up their mind to take the risk then bitcoin is one of the best things to invest in to make money.
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