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Author Topic: What is the reason why we really need Bitcoin?  (Read 1823 times)
Sofiasoff (OP)
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May 21, 2018, 07:11:49 AM
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Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?



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May 21, 2018, 07:22:57 AM
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Bitcoin is the one and only independent coin because if you buy some altcoin you must have Bitcoin coin so all the altcoins are depends on Bitcoin and this coin is always ruling the crypto market. This coin is decentralized and completely transparent to everyone so it is really comfortable for every investors.

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boksoon
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May 21, 2018, 07:31:39 AM
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Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?






All people wanting to have lots of property and specially money, on the other side There will be bitcoin. and BITCOIN is one of alternative source of income and also being Primary source of income if ever. So Bitcoin is really need to all people to become less poverty Bitcoin is the solution of poverty in this world so we have to convince our friends and relative to support bitcoin to continues their activity and hopefully it will become primary use to all people in the whole world.  
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May 21, 2018, 07:35:40 AM
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I am currently planning my annual leave and so for me to really enjoy all my traveling plans it will be so cool to earn some extra bitcoins on those free days and as a freelancer i need bitcoin to be around so that if i work i will be able to get paid in bitcoin and not via cheques and other financial processes that comes with so much in taxes.
lizardbtc
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May 21, 2018, 07:39:35 AM
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Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?

That solely depends on you. If you keep your bitcoins on exchanges and online wallets or any other type where 3rd party owns you private key then you are trusting that serviece as a bank. Some people find it even hard to have resposibility for their own money because over the years they handed everything to banks to do for them. So keeping your private keys is a MUST and having the backups if posible multiple of them is a MUST. Honestly I like it cuz I don't have to give away my personal details to open new account and it is pretty easy to generate address when I have to.
Sakhawat169
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May 21, 2018, 07:49:40 AM
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Because BTC is a high secured money.It can secured our money.So,we need bitcoin. Smiley Smiley
bitfocus
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May 21, 2018, 07:53:12 AM
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I think this one may help you find your answers about Bitcoin
https://www.bitcoinmarketinsider.com/bitcointrading/
Haxor321
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May 21, 2018, 07:54:08 AM
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I think we need it because it's absolutely can give us a lot of benefits and opportunities. Our life can become much easier and brighter because it produce many things that can help us. One of those things is by having a convenient,easiest and fastest way of doing some transactions. It also the answer to our difficulties when regards to our financial aspects and I'm pretty sure that there's a lot more things that this system can gives to us.
Daisy Smith
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May 21, 2018, 08:15:43 AM
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I think it's because using bitcoin in transaction is very safe and speedy.
Al-e_x
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May 21, 2018, 08:19:20 AM
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we needed bitcoin because bitcoin was born from the economic crisis event in 2008, Satoshi created bitcoin as a solution to face the global monetary crisis.

but because people who do not understand technology, so, the public does not care with bitcoin.

and we now aware that the existence of bitcoin is very important to be an economic solution for everyone, for every country, and also for the world.

and that the reason why we need bitcoin and crypto.
aliceayag
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May 21, 2018, 08:26:29 AM
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The reason why we really need Bitcoin is that to earn more money in easiest way. We can make money on trading by using Bitcoin also we can invest on many projects. Bitcoin is a digital money/currency and it is so volatile, but we used to buy it to earn more.In trading we can say that we wait for the perfect time to buy and sell our bitcoin.
mustamin88
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May 21, 2018, 08:27:08 AM
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Why do I need bitcoin. Because Bitcoin transaction process is generally much faster. Bitcoin transactions can happen instantaneously if the transaction has a "zero-confirmation", which means the trader takes the risk of receiving unconfirmed transactions by blockchain, a kind of Bitcoin transaction confirmation technology. Alternatively, they can hold about ten minutes if a merchant needs a Bitcoin transaction to be confirmed. However, the process of bitcoin transactions is still much faster than inter-bank check transfers.
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May 21, 2018, 08:32:00 AM
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Bitcoin is decentralized and no body is in control of its market or value. I like bitcoin because it is only P2P transaction which is fast and no third party involved. Bitcoin can be a store of value for you especially when you get bitcoin and hold it for a longer period of time. Nobody will take your bitcoin or lock you out of your account but only yourself if you fail to keep your keys safe.
mineko
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May 21, 2018, 08:35:09 AM
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We are the same in the bank or in the bitcoin it depends on each of us who use our private password therefore we are many people who like to do bitcoin.
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May 21, 2018, 08:35:31 AM
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Anyhow this is a new thing that can lift us towards a better or more advanced people to following the development of technology until the various benefits in it. For me personally, bitcoin is something that really plays an important role as the other side of my daily activities, and in my opinion, it's a loss., if the people outside there are not familiar with bitcoin. Well from time to time they will soon know that all kinds of bitcoin excess will be heard to their ears.

HukoJla
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May 21, 2018, 08:38:39 AM
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Mankind always strives to simplify its life, so in the near future we will use easy ways of buying with the help of crypto currency.
Personally, my opinion
BlackPanda
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May 21, 2018, 08:40:12 AM
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Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?




I think also that saving our money with Bitcoin is a pretty safe thing and we will be comfortable. even if we can take advantage of the situation then we can take advantage of opportunities. Blockchain technology with private key is a technology that is safe enough and currently that the technology is being applied to some important sectors such as Bank sector. So saving the money we have in Bitcoin is the right thing to do.
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May 21, 2018, 08:50:22 AM
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Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?



That is the main reason for the invention of bitcoin was to keep our money on our own and we also can send and recieve money from anywhere around the world without banks help.But still many people don't use bitcoin wallets they are just usinf third pary wallets which don't have private key access from this we can understand that people are not using bitcoin for its technology they were using its for speculation.

bitcoinman93
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May 21, 2018, 08:52:50 AM
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Why do we really need Bitcoin?
I am a secretive and confidential escapee. I hate keeping money in safes with passwords or depositing money in banks that fear bank bankruptcy. I need bitcoin, will no one have control over my bitcoin account, unlike other electronic money systems, you may be locked account, frozen property. With bitcoin you own the private key, with a separate bitcoin address. No one manages and controls accounts outside of you.
And you?





I'm not sure if that is the crucial advantage of bitcoin, as with fiat you can simply hold the cash at home for instance, which could be the same as holding bitcoin in your computer.
d0flaming0
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May 21, 2018, 09:20:17 AM
 #20

Bitcoin is the one and only independent coin because if you buy some altcoin you must have Bitcoin coin so all the altcoins are depends on Bitcoin and this coin is always ruling the crypto market. This coin is decentralized and completely transparent to everyone so it is really comfortable for every investors.
aside from what you have said and not only because it was decentralized digital currency, because also of the blockchain technology used in transactions of digital currency which is said to be the future way of transactions among companies and other businesses and non businesses which involves payment methods for goods and sevices.
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