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Author Topic: Why do you think most people prefer Bitcoin?  (Read 2239 times)
Mike Mayor
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June 09, 2019, 03:49:17 AM
 #301

I think people prefer to use it just for these reasons alone: Decentralization of a currency and keeping ones anonymity.
To remain faceless in the transfer of funds from one person to another if they want to be. It is the sole thing which drives it.
Having the choice in what you want to do with it and the way you want to do it.
This is foundation of why bitcoin was created really! Grin

I like not needing to depend on a third party (the bank) and to be in control myself. The lower then bank fees is great. Now I use doge or eth for lower value buys and bitcoin for higher value.
I even find myself filling my shopping cart to make the bitcoin transfer worthwhile. I feel if the transfer fees are more then 5 % it is just crazy.

BTC gives me new life in my family. Before i know about BTC i was struggling with my family to livlihood. But now i can manage my family with well and i have some savings for my future. In this way i think every BTC lover must think about this so that they prefer BTC.

This is why we must stash our bitcoin for the long term. Thank about you and your families future and how it can be changed by bitcoin.







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June 09, 2019, 04:15:50 AM
 #302

Had a conversation with someone today and this question was raised
Do you think the reason why people trust Bitcoin is because it is faceless and it's not owned by one single corporation or entity?
If Craig Wright proves he is indeed Satoshi, the inherent value will plummet, considering there are far better and more usable Blockchains out there and the only thing sustaining it's acceptance is the mysterious element behind its existence

Thoughts???
Without bitcoin bankers will still taking ransom from our deposited money on their banks,without bitcoin many of us may still suffering from financial problem

Bitcoin changed all of this and many lives have given opportunities to grow and experienced things they don’t with banking partnerships

So basically what people made love this currency?simply because this helps us a lot

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June 09, 2019, 04:23:42 AM
 #303

I prefer bitcoin over some other coins and tokens out there because it is decentralized unlike other coins that can be controlled by their platforms. The transactions can be done easily and cheaper than banks, it is also more popular than any other coins that gives it advantage to always be on top of the market.  


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June 09, 2019, 05:02:38 PM
 #304

I am sure that first of all cryptocurrency users choose Bitcoin because of its volatility.  Each Bitcoin owner is expected to see its price in the near future above $ 20,000, and maybe even $ 50,000, as many analysts said.  No wonder that miners in China even breaking the law are trying to get Bitcoin in their favorite way.

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June 09, 2019, 08:14:32 PM
 #305

Because they believe that bitcoin is an investment of a lifetime.
There are many people who think and believe that BTC is the currency of the future which will delete FIAT in this world.

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June 10, 2019, 01:35:39 AM
 #306

Because they believe that bitcoin is an investment of a lifetime.
There are many people who think and believe that BTC is the currency of the future which will delete FIAT in this world.
I don't think that Bitcoin will make a way to wipe out FIAT. It is not the main reason for Bitcoin's creation, it is just an option we probably to choose in online transactions but for local market traders and establishment still, can we use fiat instead. We are not closing into instances that FIAT will be outsourced but we can't make it totally disappear from the market as a low profiled person will keep using this currency.

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June 10, 2019, 02:03:20 AM
 #307

Because it is the most influential coin. Bitcoin can be the future money as what others say. Personally i like Bitcoin because it is the most stable coin in the market. I can gain higher profit on btc than any other coin. People prefer btc because it is decentralized unlike other token/coin thay can be manipulated on their own platform.

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June 11, 2019, 10:22:37 PM
 #308

I believe most people prefer Bitcoin because it is a safe investment. It has been able to withstand the test of time and still stands strong. Even though there are fluctuations in prices, you will still get some profit if you invest at the right time.

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June 11, 2019, 11:27:31 PM
 #309

This is not most, rather every crypto supporters prefer the Bitcoin first! Because Bitcoin is decentralized, It has no CEO or owner, every crypto supporters trusts are the owner of Bitcoin and crypto! Here people feel safe and freedom!

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June 12, 2019, 01:10:14 AM
 #310

Cryptocurrency is the new dimension of financial transactions which is gradually transforming the way people do transactions online. Bitcoin was the first successful cryptocurrency which introduced financial freedom where business transactions can be made any where around the world with cheaper fees. Bitcoin is widely known across the globe and about 99% of people in the crypto space either invest or use Bitcoin for their transactions.  
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June 12, 2019, 01:27:36 AM
 #311

I myself have thought if bitcoin is now a coin that might be in the best position, has a good price, has high trust in cryptocurrency compared to other coins. and also bitcoin will never die. that's why bitcoin is the top choice than other coins.

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June 12, 2019, 02:25:46 AM
 #312

Most people like Bitcoin not because of who is the creator of Bitcoin, but because the value of Bitcoin is very high.  And it has been proven that many Bitcoin investors are becoming wealthy, for this reason many people are interested and participate in investing in Bitcoin.  I, too, like and are interested in Bitcoin because of its very high value.

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June 12, 2019, 03:18:03 AM
 #313

I think that after having bitcoin in his wallet,everybody have his bank in his hand.he now has full control on the interest of his money.A bank always
corrupt his customer by giving less and fixed interest.so,now many people prefer to invest money in Botcoin.

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June 12, 2019, 03:34:42 AM
 #314

This is not most, rather every crypto supporters prefer the Bitcoin first! Because Bitcoin is decentralized, It has no CEO or owner, every crypto supporters trusts are the owner of Bitcoin and crypto! Here people feel safe and freedom!

Beside that, bitcoin is the first crypto and can last to this day. Bitcoin is also still the top coin. There are many good things about bitcoin compared to other coins. So, it's not strange if people prefer bitcoin as their main investment.

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June 12, 2019, 03:42:18 AM
 #315

Bitcoin is one of the most popular cryptocurrencies in the world. Nowadays the acceptance of bitcoin worldwide has also increased a lot, such as we can buy stuffs from some online stores using bitcoin. For sending and receiving bitcoin we don't have to rely on banks or any financial institutions we just need a bitcoin wallet and that's all, this makes us independent. Also bitcoin transactions are anonymous and thus our privacy is maintained while processing the transactions.

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June 12, 2019, 06:26:06 AM
 #316

This is not most, rather every crypto supporters prefer the Bitcoin first! Because Bitcoin is decentralized, It has no CEO or owner, every crypto supporters trusts are the owner of Bitcoin and crypto! Here people feel safe and freedom!

Beside that, bitcoin is the first crypto and can last to this day. Bitcoin is also still the top coin. There are many good things about bitcoin compared to other coins. So, it's not strange if people prefer bitcoin as their main investment.
I think, people prefer bitcoin because the price is so fast rising by hundreds of dollars in a short time. this applies to those who can have a lot of bitcoin. besides, bitcoin is like a universal currency. You can do transactions in various places with it.

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June 12, 2019, 06:32:50 AM
 #317

I don’t really see how people knowing who the real “owner” of bitcoin change the price. It’s not like they can do anything to the bitcoins already on the market(theirs and the person they’re trading with are the obvious exceptions).
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June 12, 2019, 07:32:45 AM
 #318

Had a conversation with someone today and this question was raised
Do you think the reason why people trust Bitcoin is because it is faceless and it's not owned by one single corporation or entity?
If Craig Wright proves he is indeed Satoshi, the inherent value will plummet, considering there are far better and more usable Blockchains out there and the only thing sustaining it's acceptance is the mysterious element behind its existence

Thoughts???

This kind of make sense. If satoshi is on the spotlight, people will never concentrate on his masterpiece but only his activities. Like anything he do good or bad has a huge effect on the btc price just like how a  lot of people in the cryptocurrency hates btc cash just because of its CEO Roger Ver's attitude. Even just a malicious gossip about his past that isn't even true can totally sunk down bitcoin in within 24 hours. So I guess the real satoshi is really smart that he chooses not to reveal who he is.

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June 12, 2019, 07:44:25 AM
 #319

Had a conversation with someone today and this question was raised
Do you think the reason why people trust Bitcoin is because it is faceless and it's not owned by one single corporation or entity?
If Craig Wright proves he is indeed Satoshi, the inherent value will plummet, considering there are far better and more usable Blockchains out there and the only thing sustaining it's acceptance is the mysterious element behind its existence

Thoughts???
One side of me says bitcoin is popular because of no regulatory body just as people hate KYC and the who process of giving out personal information.

Then is knowing the creator of btc a factor, honestly just as most altcoins out there am not bothered but if Craig by any chance comes out as outright winner this might give crypto a different face.
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June 12, 2019, 08:12:55 AM
 #320

Well because bitcoin is the mother of a cryptocurrency and bitcoin has the higher value of all. Bitcoin is worth it to invest rather a property and soon bitcoin will rise again on top people will be back soon to trend bitcoin. Many of us believe what bitcoin could potencially do in the future.

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