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Author Topic: Why do people want Bitcoin?  (Read 2630 times)
Noctis Connor
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January 31, 2018, 09:37:58 AM
 #121

All people needs money. Money is the main thing that are very important in aspect of life. Without money, you can do nothing, you can buy nothing. This money plays a big role in our life wherein we can buy things that are valuable and we are depending on money today. And this money is very rare and hard to get. But by bitcoin, it serve as the secondary business and income for some. They get money here from bitcoin and it keeps them to be on focus and very manageable in spending.
milandres0207
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January 31, 2018, 09:39:19 AM
 #122

People want bitcoin because they do believe that bitcoin is one of a good in terms of investing, it is popular in many country in where as they become millionaire someday. Bitcoin is not easy to have as long as they fully understand and they are willing to give time and effort they will become successful.
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January 31, 2018, 09:42:21 AM
 #123

Right now speculation more than anything else I'd say...
to tell you honestly people want bitcoin now because they are expecting big through it they expect if they will join or they will create their  account on bitcoin they expecting a life changing through bitcoin thats why many people now want bitcoin, as far as i know bitcoin is a currency a currency that can change into money i think ,bitcoin is a life changer thats why people want bitcoin now.

Umar001
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January 31, 2018, 09:47:12 AM
 #124

Bitcoin as an asset which can be convert to cash, is a means of exchange for goods and services, peoples want bitcoin for so many reasons, 1) bitcoin served as means of exchange for goods and services, 2) peoples want bitcoin for for settlement of debt, or pay some bills. 3) bitcoin can also use as an aquaring of wealth, since is an asset.
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January 31, 2018, 09:53:54 AM
 #125

Bitcoin is father of cryptocurrency. Now a days this  cryptocurrency is more valuable than other currencies. It's give people financial support. People can invest here and get profit. Thats why people love it and want it badly.

Roydgon
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January 31, 2018, 09:59:57 AM
 #126

Conventional money transfers cost money, because you need to ensure their safety, keep records and check the absence of double payments. For this intermediaries take a considerable interest. Moreover, it is the interest from the cost of translation - as if $ 100,000 is 100 times more difficult to transfer than $ 1000.
With the help of Bitcoin, you can transfer funds to anywhere in the world for a scanty cost, independent of the transfer amount. It is very convenient.
Blue2012
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January 31, 2018, 10:07:43 AM
 #127

As I can see, people like bitcoin because it is indeed very beneficial. First main reason is we can earn decent amount of income by doing signature campaigns, trading or even investing. Depending how wide your knowledge is in cryptocurrency. And last thing would be its efficiency whether in terms of security or transactions.
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January 31, 2018, 10:09:52 AM
 #128

Because bitcoin is the king of cryptocurrency.
It has great value.
Bitcoin can be exchanged for a large number of legal tender.
Bitcoin is the king of crypto, but every bitcoin deal is not legal. Many people have given up bitcoin because their country prohibits Bitcoin and all transactions are considered illegal.
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January 31, 2018, 10:13:57 AM
 #129


people like bitcoin because they want to earn a lot of money with bitcoin they like it because other people reretire their job for him.
mel0924
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January 31, 2018, 10:15:12 AM
 #130

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.
People want bitcoin simply because they want to earn money. When you earn bitcoin , you earn money. Also there are many opportunities with bitcoins. Just joining bounty campaign here, you can really earn more bitcoins especially when you have enough time to do some work here.

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RamBahadur.Gurung
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January 31, 2018, 10:23:02 AM
 #131

Conventional money transfers cost money, because you need to ensure their safety, keep records and check the absence of double payments. For this intermediaries take a considerable interest. Moreover, it is the interest from the cost of translation - as if $ 100,000 is 100 times more difficult to transfer than $ 1000. With the help of Bitcoin, you can transfer funds to anywhere in the world for a scanty cost, independent of the transfer amount. It is very convenient.

I agree that for big amounts (such as $100,000 or above), Bitcoin is a suitable method of transfer. But how many people do transfer that big amounts? May be less than 1%. So are you saying that BTC is suitable only for this 1% population?
piterpie
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January 31, 2018, 10:26:40 AM
 #132

Right now speculation more than anything else I'd say...
Many people want Bitcoin by Bitcoin very well in the market as well as its price is always known to be fluctuating, which is suitable for those who have time to track Bitcoin daily, so to say everyone wants Bitcoin. to own but to get is very difficult
Danv
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January 31, 2018, 10:36:31 AM
 #133

It depends on each person interest of why they want bitcoins, some view this as a digital currency which can be used world wide where as some view bitcoins as an asset as this bitcoins helps to improve the living standard by investing in bitcoins and by gaining profits when the prices go up.
fuding12
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January 31, 2018, 10:37:27 AM
 #134

The bitcoin price that tends to keep increasing and increasing over time puts Bitcoin in a privileged position. Many people who are interested in making a profit from the fluktuating of bitcoin price. And i think, the most importantly is bitcoin with the Blockchain technology is a revolutionary mechanism in solving many things, especially in the financial world.
wormgummy019
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January 31, 2018, 10:46:03 AM
 #135

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.

There are many reasons why people want bitcoin. One of the reasons is that in bitcoin we can earn money in a short period of time and also in a safe way. Just invest their money in bitcoin and then their money will earn profit. Another reason is that it is easy to convert bitcoin into money there are no hustle in depositing your money in bitcoin. And I think the last reason is that the profit that they earn from bitcoin is high.
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January 31, 2018, 10:50:31 AM
 #136

Bitcoin and ether are cryptocurrencies who can be used as a store of value!! So some people want to store their money into bitcoin in order to make more money.
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January 31, 2018, 10:59:09 AM
 #137

many people want bitcoin because for the current condition botcoin is not just a medium of exchange or a means of payment only, but bitcoin itself has a value that is more than just exchange rate only. Bitcoin is one of the promising investments for the foreseeable future.
in addition, many people who want bitcoin because bitcoin can change a person's life, can help meet the necessities of life, can help a person get a new job, help someone in realizing his big dream, and certainly with bitcoin can increase one's happiness level.
redsun114
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January 31, 2018, 11:13:52 AM
 #138

People want Bitcoin because they see some have made lots of money from it and they think they will do the same. 
When you see someone being benefited with this amazing coin and they are telling you with much intention then definitely a person can think of doing such thing for himself. And this is really happening all over the world that those people are showing off their wealth before and after, and people are being inspired with it. So this runs like a chain and it will definitely amazed the whole world.

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January 31, 2018, 11:15:26 AM
 #139

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.
...
..
 Really sorry for this question but I've been looking into Bitcoin for a while now and ( maybe to late) ready to take the leap. The only problem I have us where is the best place to buy them?
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January 31, 2018, 11:18:49 AM
 #140

On my own opinion, just simply they find bitcoin as an easy way to earn money and also to be rich. People want bitcoin for many purposes, but mostly the reason is to help their self to lift up from poverty and help their family. Bitcoin now a day will be the future currency that helps people to achieve and to reach their goals in life. That is why people striving for this opportunity to change their life. This are one of the reason why people want bitcoin.

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