CrystalPham (OP)
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January 30, 2018, 02:33:32 PM |
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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.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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marchrius
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January 30, 2018, 02:34:58 PM |
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Right now speculation more than anything else I'd say...
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shezu007
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January 30, 2018, 02:35:23 PM |
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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.
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Anti-Cen
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Activity: 210
Merit: 26
High fees = low BTC price
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January 30, 2018, 02:39:16 PM |
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Wot a coin that costs $20 in fees when you move it from A to B and is slow and being pumped up using fake USDT ? You know what happens to a pyramid when fresh money does not keep walking in the door and not only is the new money fake but everyone starts to realize it's fake ? https://www.youtube.com/watch?v=MwKYbT9MoPEThe price says to me that people are heading towards the doors and are leaving |
Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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Anti-Cen
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Activity: 210
Merit: 26
High fees = low BTC price
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January 30, 2018, 02:41:51 PM |
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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.
Basic needs of life are not ● PLINKO |7| SLOTS (+) ROULETTE ▼ BIT SPIN ║ BITVEST ║ PLAY or INVEST ║ ✔ Rainbot ✔ Happy Hours ✔ Faucet This is gambling just like the games are your offering here but at least your being honest about that bit |
Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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Momoamzad
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Merit: 100
$CYBERCASH METAVERSE
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January 30, 2018, 02:44:32 PM |
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Bitcoin is the king of crypto currency. It is the most valuable currency right now. And people can convert it into real money . they can invest in it and earn huge profit by it. So people love bitcoin and they want bitcoin in their financial life..
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Ctn
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January 30, 2018, 02:47:00 PM |
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To be frank the real thing that brought people in the world of bitcoin was making in the first place. There are more google searches of bitcoin than previous top searches and it makes me think that bitcoin has made everyone crazy. We might think that people want to avail the different service of bitcoin but no, that’s not the cases, people don’t search where I can use bitcoin, people search how can I earn with bitcoin more often. That completely tells us how greedy they are and it’s all about the money and nothing else that is attracting many peoples here. Let’s be just honest about that.
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SrEasts
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Aida Service
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January 30, 2018, 02:47:15 PM |
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Is the past people started investing in bitcoin due to being a fresh technology with great potential. Honestly right now, many people only invested due to all those news about bitcoin on the media where it grew god knows how much % during 2017 etc Most of them don't know about the technology or anything, they just have the dream of hodling and getting rich out of nowhere like many did before
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Ninjamoves
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January 30, 2018, 02:49:57 PM |
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As I think people like bitcoin because of many reason. First is it the first digital crypto currency. Second is we can use bitcoin to convert in money to buy stuffs that we need. The third one is bitcoin help us to earn more savings for our future needs.
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onpages
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January 30, 2018, 02:53:19 PM |
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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.
bitcoin is now mostly used as a good asset to invest, it is what affects that people will be much interested in bitcoin, especially invest in it. but as a person who has more hopes on this blockchain technology, I really hope that bitcoin later really can be one of the official currency that is traded and used as a transaction process anywhere. |
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supermine
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January 30, 2018, 02:55:02 PM |
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To be honest,most people wants bitcoin for its speculative purposes nor for its future technological currency.We know that bitcoin is here in use for almost a decade but most of the people talking about bitcoin from 2017 due to that huge bump happened at the back end of the year.
But people have to keep bitcoin for its amazing technology of peer to peer transaction and it was decentralized.You are the full controller of your bitcoin you can use it anywhere you want with ease.You just going to need the receiver bitcoin address to make transaction anywhere in the world.
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Agamemnus
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January 30, 2018, 02:56:10 PM |
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They want to make money but people also like the technology behind bitcoin.
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Granslam
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January 30, 2018, 03:02:42 PM |
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There are actually numerous reasons as to why people are interested in investing to cryptocurrencies, most especially bitcoin itself. For example, most people patronize the use if bitcoins because it behaves as an asset or a way for them to profit. Others are interested behind the processes and functions of bitcoins. Some are futuristics and are supposing that butcoin will be the future of money so they have to be the ones to tap first on bitcoins. Whatever it is, we are connected with the fact that we are gere because we have been curious!
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ghost424
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January 30, 2018, 03:09:30 PM |
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People basically wants Bitcoin because of the financial help that it will give to the owners of bitcoin. Bitcoin can be converted into cash in which we can use it in our daily lives. The blockchain technology where bitcoin lies is now giving interest for other people to use it into their own projects and this would give a lot of improvement for our technologies.
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Lyd
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January 30, 2018, 03:11:44 PM |
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Bitcoin is a crypto currency. People want it because you need money to have a good life. It's like asking why do people want US dollars..or euro
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notyours
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January 30, 2018, 03:14:56 PM |
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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.
Bitcoin is special to people that they see it as a way to achieve their dreams. Bitcoin helps normal people to move forward and keep on fighting on everyday battles that they are facing. It acts as an investment that generates profit and as a currency also that can be used to buy services online. |
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Catch-22
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Activity: 364
Merit: 16
https://crowdsale.network
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January 30, 2018, 03:23:59 PM |
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Most of us here have experienced the growth of bitcoin especially in 2017. That makes us want bitcoin!
Hopefully, some of the altcoins I've invested in will follow in bitcoin's footstep.
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VitKoyn
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January 30, 2018, 03:45:38 PM |
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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.
Honestly, most (or even all) people use/buy Bitcoin not to use it to purchase something online or peer to peer, instead they are just taking advantage of it because it has the potential to increase its value even more, this is why we have experienced a lot of ups and downs. I will be shocked if anyone here are just using their Bitcoin only to purchase something online and not to make profit. You are right that Bitcoin is more functioning as an asset/investment right now but it doesn't mean that it cannot be use as a currency. |
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James Newman
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January 30, 2018, 03:47:33 PM |
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It’s made for our generation
It’s fast, secure and global
Bitcoin was designed with your privacy in mind
Bitcoin is not subject to inflation
Bitcoin provides financial freedom
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Ethan Becker
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January 30, 2018, 03:49:33 PM |
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Keeping it simple.
I use Bitcoin and Ether because I have no more use for saving dollars, euros, or kroner. When I need those, I convert some Bitcoin or Ether into them.
Bitcoin and Ether don’t disappoint me. My 401K and other retirement accounts disappoint me often.
Each time I reach into my digital wallet for either Bitcoin or Ether, they buy more dollars, euros, or kroner than they did the last time I reached.
What more can you ask from a money?
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