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Author Topic: Why do people want Bitcoin?  (Read 2602 times)
minnerETN
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January 31, 2018, 02:20:48 AM
 #101

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.
As you said, it boomed in a short time and made the whole world shocked. When Bitcoin prices soar so fast, many people found it too potent and invested in it. Many people spend in it because of the FOMO effect, just as many investors would have other people wanting to own it.
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sneeze11
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January 31, 2018, 02:30:52 AM
 #102

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.






I think people want bitcoin because they can be rich and successful by it. As of now they all like it because this is so popular and the price of it are still rising. Just like what they said Bitcoin is the king of the cryptocurrency and we can turn it into our real money. The price of bitcoin now is so high it makes it more attractive so people want it.
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January 31, 2018, 03:00:27 AM
 #103

Bitcoin is now the talk of almost the entire world, because many who can menguntukan of bitcoin can also provide an income and bitcoin can also be used as a very fast transaction by bitcoin users.
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January 31, 2018, 03:01:33 AM
 #104

I personally want not only Bitcoin but good altcoins because I know this is the future of financial industry. Also cryptocurrency is a great investment.  It can change the financial status of a person.
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January 31, 2018, 03:39:44 AM
 #105

To me I use bitcoin because bitcoin has offer us what the traditional financial institutions could not offer us which is freedom, bitcoin give us the freedom on our finances without being subjected to the regular over monopoly of the traditional financial system bitcoin made it easy to carry out transactions without the need of a third party involvement.  Bitcoin also give us the opportunity of having a secondary currency which can be use for peer to peer payment system online and across borders.
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January 31, 2018, 05:13:14 AM
 #106

People want bitcoin because nowadays bitcoin become more popular and they become curious about it that's why they want to try it. And most of all people want bitcoin because they think bitcoin can help them.
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January 31, 2018, 05:26:41 AM
 #107

People want bitcoin because it helps them in variety of things such as making their daily activities easier and faster just like in payments transaction . They can use bitcoin as mode of payment wherever they are at any given time . And in addition to that this transaction doesnt require any personal information of yours . Even though your transaction is visible to every user , your personal infos are hidden so it is sure that your totally secured.
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January 31, 2018, 05:30:33 AM
 #108

Every one need bitcoin and want to have bitcoin in their wallet because the bitcoin have good and potential price, the bitcoin price will be up and pump in the next time, always up and pump the bitcoin price every time, but some time bitcoin have dump in the price but just wee and wait the bitcoin will be back the hight price in every time. There are many reason why the people wanna have bitcoin.

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January 31, 2018, 05:32:13 AM
 #109

That's for sure, the current bitcoin price is quite high and getting the bitcoin needs substantial capital so everyone will want it.

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January 31, 2018, 05:45:21 AM
 #110

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 the most valuable crypto in the world,  most of the people use it because the value is getting high. We want it because many of us will become a rich people. we want it too because it's easy to earn from that. many people now being crazy because they want to earn much more.
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January 31, 2018, 07:50:56 AM
Last edit: January 31, 2018, 08:36:27 AM by vhiancs
 #111

People want bitcoin because they need money, more profit, extra income, and incase of payment they can use bitcoin and also it's easy to earn even without capital that is why people want bitcoin currency. For sure if the bitcoin price will getting high again many people will invest.
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January 31, 2018, 08:49:12 AM
 #112

I think people want and try to get bitcoin because bitcoin is a digital currency that has a good future with an increasingly expensive price and continues to grow, so people want to profit from bitcoin.
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January 31, 2018, 08:51:53 AM
 #113

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.

I agree when you said that bitcoin is more using as asset and not for currency. It can be looked from the general circulation of bitcoin. People just use it for trading or holding it rather than as currency to buy something.
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January 31, 2018, 08:52:51 AM
 #114

They see it as the perspective to become rich
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January 31, 2018, 08:57:10 AM
 #115

Because bitcoin has a lot of value right now.
You can exchange bitcoin for a lot of legal tender.
You get bitcoin and you get a lot of fiat money.
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January 31, 2018, 09:09:29 AM
 #116

I think people want and try to get bitcoin because bitcoin is a digital currency that has a good future with an increasingly expensive price and continues to grow, so people want to profit from bitcoin.
Everyone really needs bitcoin. They really want to be a part of it because it is already proven by many people. Bitcoin is a popular digital cryptocurrency where it ables to help many more people on their living. It helps them to save some money for their future. Bitcoin gives us such a great living in our future and it makes our life so much easier thats why they really want bitcoin.

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January 31, 2018, 09:29:15 AM
 #117

They love it simply because it's not just a new digital currency or technologies, it has also a new way of doing things easily with less hassle like in paying, savings and when you transact your money to other country or to your loved ones using it it, would be more convenient because you don't have to bring lots of cash or to go to bank you can send it easily and immediately also they can invest in it and make money as it continue to rise in the market.

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January 31, 2018, 09:33:58 AM
 #118

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.
As far as I think bitcoin is not a currency, it is an asset. And everyone wants a bitcoin to be able to exchange cash for use. While bitcoins have not been recognized by all countries, some countries have been able to use bitcoin to pay for goods, but some countries have not. Bitcoin investors want to buy bitcoins. Take advantage of the price difference, which can be converted to cash for use.
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January 31, 2018, 09:35:50 AM
 #119

Now a days people just want to become rich, Nothing else...they think that bitcoins will make them rich in a secomd,but no...You always have to work hard for earning money, Bitcoins can be assets if they are not used as currency...but for me its a currency only...as I am unstable...I cant save money though I can earn coins.
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January 31, 2018, 09:37:40 AM
 #120

Because bitcoin is the king of cryptocurrency.
It has great value.
Bitcoin can be exchanged for a large number of legal tender.
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