waqarenact
Newbie
 Offline
Activity: 7
Merit: 0
|
 |
January 30, 2018, 08:27:36 PM |
|
People have more interest in Bitcoin after successful year passed in crypto currencies and 2017 was the best investment in this
|
|
|
|
|
|
|
|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
drukoz2
Member
Offline
Activity: 395
Merit: 10
|
|
January 30, 2018, 08:28:55 PM |
|
Bitcoin now gives a chance to get rich for everyone. To do this, you only need the initial capital and computer. Further all depends only on your desire and analytical abilities.
|
|
|
|
|
|
lili song
|
|
January 30, 2018, 08:31:22 PM |
|
Bitcoin still leading in cryptocurrency, bitcoin also give more people profit for a long time. Now bitcoin price increase fast and high.
So that's makes bitcoin number 1 in cryptocurrency until now. More investors comfortable with bitcoin, because they got more profit in bitcoin.
So more investors recommend bitcoin as a investment for new prospects.
|
|
|
|
|
|
JL421
|
|
January 30, 2018, 08:35:46 PM |
|
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.
Mainly the factor of earning profits make it a prospective investment. The rate of return of btc is much higher than almost any other investment in the market today. it has helped in laymen increase their knowledge in trading as well. |
|
|
|
|
rampage101
Member
Offline
Activity: 182
Merit: 10
|
|
January 30, 2018, 08:47:23 PM |
|
People are crazy about the bitless success of bitcoin, and when they think how much they can earn on it, they also want to have at least a little crypto currency. And it helps to expand bitcoin, distribute it around the world and increase capitalization.
|
|
|
|
Rollesto
Newbie
Offline
Activity: 108
Merit: 0
|
|
January 30, 2018, 09:25:20 PM |
|
People want bitcoin simply because it gives them a lot of benefits and advantages compared to other cryptocurrency such as making the transaction of payment easier for them .They can use this bitcoin as their mode of payment anywhere at any given time . Bitcoin is also good when it comes to security because whenever you will make payments there is no need for personal information but it can back up and encrypted to ensure the safety of your money . And when it comes to blockchain , all the finalized transactions were visible to everyone but your personal information is hidden and lastly bitcoin is cryptographically secured because Bitcoin protocol cannot be managed or operated by any organization or even the government.
|
|
|
|
|
|
Skieleton
|
|
January 30, 2018, 09:37:27 PM |
|
BitCoin is slowly becoming an increasingly acceptable currency. Perhaps in the future, cryptocurrencies will replace the current money. That can happen. In many cities of the world there are already Bitomaty - bitcoin ATMs. The interesting thing is that its value is currently growing. Over the past few months, the value has jumped by about 90% and this is not the end considering that in 3 months BitCoin's volume will be halved (so-called HALVING). With increasing demand, it can only mean one thing. Yes, RATE prices. It can be a good opportunity to earn money easily. Buying now and holding our BitCoiny for a few months on a special wallet, we can easily earn money.
|
|
|
|
|
Eglador
Newbie
Offline
Activity: 6
Merit: 0
|
|
January 30, 2018, 09:44:14 PM |
|
Bitcoin was originally created as an alternative, decentralized payment method. Unlike international bank transfers at the time, it was low-cost and almost instantaneous. An added benefit for merchants (less so for users) was that it was irreversible, removing the threat of expensive charge-backs.
However, the improvement in domestic payment methods and the rapid development of alternative (non-cryptocurrency) forms of international transfers has reduced bitcoin’s advantage in this area, especially given its increasing fees and frequent network bottlenecks.
|
|
|
|
|
Eglarest
Newbie
Offline
Activity: 6
Merit: 0
|
|
January 30, 2018, 09:45:49 PM |
|
The increasing oversight and regulation to prevent money laundering and illegal transactions have restricted the cryptocurrency’s use for privacy reasons.
In some parts of the world, bitcoin is still a more efficient and cheaper way to transfer money across borders, and several remittance startups make use of this feature. Bitcoin’s cost and speed advantages, though, are being eroded as traditional channels improve (and the network’s fees continue to increase), and liquidity remains a problem in many countries.
|
|
|
|
|
|
Thirdspace
|
|
January 30, 2018, 09:55:00 PM |
|
Why do people want Bitcoin?
Bitcoins act as new currencies in the digital age. It can cross borders without any banks or governments.
Bitcoins are considered as a kind of asset, instead of currency, with great profit expectations later on.
you've just answered yourself with the two most reasons for people wanting bitcoin in the beginning, bitcoin as currency is the most reason of bitcoin use but bitcoin as asset (investment) is the most reason of today's use of bitcoin its main usage has shifted became duality but that what makes bitcoin is unique compared to fiat currencies |
|
|
|
Elberethian
Newbie
Offline
Activity: 4
Merit: 0
|
|
January 30, 2018, 10:00:09 PM |
|
many individuals feel more comfortable holding a part of their wealth in securely-stored bitcoin, where a central authority cannot block access or take a cut.
Recently bitcoin seems to have assumed the role of investment asset, as traders, institutional investors and small savers have woken up to the potential gains from price appreciation.
|
|
|
|
|
Kaan53
Jr. Member
Offline
Activity: 124
Merit: 5
|
|
January 30, 2018, 10:08:10 PM |
|
Because you can do the transaction like you want on the internet I think this is a very good thing so I am investing in bitcoine .
|
|
|
|
|
joan26
Member
Offline
Activity: 168
Merit: 10
|
|
January 30, 2018, 10:12:24 PM |
|
People want bitcoin because its all in one package. It's not just a currency, its also an asset and a very efficient payment system to across worldwide. This the reason why many people want bitcoin and also hate it because of competence.
|
|
|
|
|
gandhe83
Member
Offline
Activity: 266
Merit: 10
|
|
January 30, 2018, 10:13:52 PM |
|
There are now many countries that recognize the potential of bitcoin in transactions, in e-commerce, that legitimizes the use of bitcoin. In countries like Japan, Europe, USA, ATM Bitcoin has become popular. With the bitcoin market booming, e-commerce and online transactions are growing, the trend of bitcoin users is increasing. As more and more people use and bitcoin is applied in practice, the bitcoin price will automatically increase, because bitcoin is a limited currency, its maximum is only 21 million bitscoin which creates Rare and bitcoin value will increase dramatically in the future.
|
|
|
|
|
Washball
Full Member
Offline
Activity: 266
Merit: 151
First crypto index traded as a token!
|
|
January 30, 2018, 10:14:13 PM |
|
Bitcoin was developed with the objective to create a decentralized currency. With cryptocurrencies you're able to have international transactions fast and safe, cutting out the middlemen. However, with the high volatility bitcoin is mostly used as an investment asset, that gives extremely good earnings.
|
|
|
|
Swanson
Newbie
Offline
Activity: 182
Merit: 0
|
|
January 30, 2018, 10:25:01 PM |
|
The effect of the HYIP, as well as the law of supply and demand. In this case, one stimulates the other. The more people want bitcoin, the more expensive it is. And the more expensive is bitcoin, the more people want it.
|
|
|
|
|
|
MiF
|
|
January 30, 2018, 10:33:44 PM |
|
Bitcoin was developed with the objective to create a decentralized currency. With cryptocurrencies you're able to have international transactions fast and safe, cutting out the middlemen. However, with the high volatility bitcoin is mostly used as an investment asset, that gives extremely good earnings.
People wanted to have bitcoin for good and it is really now become the most popular way of gaining because it has a verry simple features and way to earn a lot of huge profit.I believe that people wanted to have more bitcoin in preparation of the near future because the price of bitcoin is not stable and it can really become more profitable if the price rise someday that is why many people wanted to have more bitcoins today. |
|
|
|
Timok Abiodun
Newbie
Offline
Activity: 126
Merit: 0
|
|
January 30, 2018, 10:40:07 PM |
|
its a digital currency that is growing vast and can be transferred to any part of the world, its safe reliable and untraceable
|
|
|
|
|
|
shalnark
|
|
January 30, 2018, 10:48:47 PM |
|
Personally because they like it. They like the benifits it is giving in their lives. And let's talk about the impact of bitcoin in people's lives. People earlier before bitcoin, gives funds to their receiver hardly. But with bitcoin, people got the chance for them to send money without breaking a sweat, Perhaps an internet is most probably the needed thing in here and it creates a new market for investments no hassle for this anytime and anywhere you can see the progress.
|
|
|
|
|
|
KenChanYu
|
|
January 30, 2018, 11:02:29 PM |
|
Bitcoin is a crypto currency and can be convertible to any other currency as everyone in the world are trying to earn more and more money because money is the basic need of life and bitcoin is a currency which have very high price and can be easily earn so that is why everyone want bitcoin.
They want bitcoin because it helps them through their living. It helps them to provide their daily needs, to support their financials and provide some of our desires. They want bitcoin because it is already proven by everyone who works here. Bitcoin helps them earn a huge amount of money that they can use to their living. Bitcoin makes their like easier like buying stuffs online, sending money everywhere that easily and etc. Bitcoin helps us everything in our life thats why they really want bitcoin. |
|
|
|
|
|
