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Author Topic: Why do people want Bitcoin?  (Read 2630 times)
ParveZ219
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February 01, 2018, 05:21:08 AM
 #221

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.
These days people think that bitcoins can make them rich quickly.. show the try to earn bitcoins... They think sir should because the starting price of Bitcoin was 15000 rupees while it's 900000 rupees... As price of Bitcoin is very unstable so they think that they can be again Rich by saving the Bitcoins now.... But no one is sure that what is going to happen in future they can be rich or they can be poor.. they are keeping Bitcoin as their assets or they are trading those Bitcoins to become rich quickly... Today's people are much more greedy as compared to the past.
ibininja
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February 01, 2018, 05:25:18 AM
 #222

With the people I know and interact with it is mostly wanting more money. Take this scenario; you have money in the bank a year later it is somewhat the same number with an extra  0.01 % or even less. unlike with crypto you put your money there and a year later it is doubled. In short more money thats what people want.

bitcoinskyrocket09
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February 01, 2018, 05:41:09 AM
 #223

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.
Many people including me supporting and want bitcoin because of it's profit that we could get when we invest in bitcoin. We all know that bitcoin value are highest to all other digital crypto currencies and it also the highest when exchange bitcoin into real money because it convert into US dollars. And also bitcoin value is continuously increasing so that's the reason why we want bitcoin and it can help us in our financial problem.
Silent26
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February 01, 2018, 05:51:28 AM
 #224

Actually people like bitcoin because bitcoin has a great price. With this reason, bitcoin encouraged people to earn and save bitcoin because bitcoin price attracts people. As we can see, nowadays a lot of people is starting to invest, and saving bitcoin because bitcoin is getting more popular each day and also we wont need to spend too much money to get bitcoin. Just having enough knowledge and patience is all we need to earn bitcoin.

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daddypastes
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February 01, 2018, 05:55:26 AM
 #225

they want bitcoin it is easy to invest and make us follow our dreams....we are sure to bitcoin that we help us to build our dreams and it not difficult to invest in bitcoin...we can manage our time no boss to conduct us anytime we want to post....we must focus and no more stress...
shawn995
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February 01, 2018, 05:57:33 AM
 #226

Honestly people all those things which can make them rich and i think bitcoin is one of the strongest in them which make anyone make rich if anyone have large number of bitcoins then it means he have big amount of money and if you have big amount of money then you are rich. And people want to become rich because money is the basic need of life and if you have a money then you can buy every facility of life and you can make your life more facilitated.
xamxam
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February 01, 2018, 06:00:46 AM
 #227

People want bitcoin because they know many uses and advantages of it. If some people don't want it, they even don't know who bitcoin is. Like me, i like bitcoin because this is the only digital currency that everyone use in our country, many people are invest on it because they saw the good effect of bitcoin in many people and it helps to lessen the unemployed.
cryptomoon1002
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February 01, 2018, 06:03:04 AM
 #228

because it is digital gold + possibility of revolution in the way financial transactions happen across the globe
mir1127
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February 01, 2018, 06:10:10 AM
 #229

everyone knows if bitcoin is a digital currency. and most of them have only known about it recently. and I agree, from so many people. the reason why they want bitcoin is bitcoin as a good investment tool for the future. can be profitable in a short time. 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.everyone want be a rich man and i think bitcoin is one of the strongest in them which make anyone make rich if anyone have large number of bitcoins then it means he have big amount of money and if you have big amount of money then you are rich man.and i think Just having enough knowledge and patience is all we need to earn bitcoin.
Spain2000
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February 01, 2018, 06:10:50 AM
 #230

Bitcoin currency is famous and people like it because of the digital nature of this currency bitcoin is good to hold it and use it for online buying like for me i can use it for buying the online services and software through bitcoin and this currency is spreading through out the world. From the start of this currency people are happy with this currency.

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February 01, 2018, 06:10:55 AM
 #231

In my country bitcoin is not accepted as payment so mainly in my country people use bitcoin for trading and want bitcoin just to earn good profit.

jaaeeeyyyy
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February 01, 2018, 06:21:02 AM
 #232

Because we are all greed of money, we want our money to profit and so just happened that bitcoin is on trend now because of having a high percentage of income from investment. The demand of the people made the bitcoin soar high reaching $20000 last year its approximately 80% increased since the last month. There are so many reason why people now are jumping in digital currency from fiat currency like the security and smoothness.
mohammed0102
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February 01, 2018, 06:23:23 AM
 #233

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.
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February 01, 2018, 06:25:16 AM
 #234


yes, this is what happened. almost everyone agrees that bitcoin is an asset. actually bitcoin is created for easy transaction tools unlike banking. but time goes by, and bitcoin evolves as big as it is today. although its current value is lost by half due to decline and some rumors. but I still believe, bitcoin will be able to survive and get through it.


There are many uses in investing or buying bitcoin it gives you a excellent profits for your later age and bitcoin is one of the trustable crypto currencies when comparing to other currencies in the market because it has a stable value and people are also likes to invest in bitcoin because it has a great value in future .

Sky5678
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February 01, 2018, 06:27:45 AM
 #235

I feel very happy to have a bitcoin in my hand. By buying more bitcoin to hoard I can get back the profits from it. Thanks to that profit, I can take care of myself and my family. I feel lucky to know bitcoin. It's really great.
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February 01, 2018, 06:36:43 AM
 #236

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.

Well, it just proves that life in today's world is very difficult and people keep on craving for a good source of income. After hearing some news about bitcoin and seeing some advertisements online, people began to get curious and wanted to experience how it works, since it sounds promising.

belalangsembah
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February 01, 2018, 06:43:30 AM
 #237

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.

yes it is true of everything you mentioned, the point is bitcoin is advantageous for holders and who invest through bitcoin because bitcoin is the first digital currency whose value can not be regulated by the government and tax free
najmul33
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February 01, 2018, 07:25:03 AM
 #238

Because Bitcoin is the king of crypto currency. And people also like the transparency, security, ease of transfer and technology behind bitcoin.
Aderiho Bitjones
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February 01, 2018, 07:41:46 AM
 #239

Agrees that bitcoin is an asset and not a currency. I would also not feel very well to buy something for 1 bitcoin, and tomorrow I would see that it costs twice as much. Therefore, the desire of many people to have bitcoins is understandable. Everyone wants to become rich
SummonKing2
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February 01, 2018, 08:24:24 AM
 #240

So people need bitcoin because they help them with daily expenses because bitcoin can make you rich and sudden and all your dream is to keep your eye on bitcoin. According to some sources, bitcoin is increasingly being used for money laundering. But we know that you wouldn’t do that.
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