Purpose Of Bitcoin Purchasing

[senorita]

I am working as a seo analyst but really confused regarding the purpose of bitcoin. I would like to tell you that i am linked with many people all over world and maximum of them are running behind this bitcoin now a days. Although, there are many benefits you can enjoy via this but i am not much aware regarding this bitcoin. Can anybody tell me about this bitcoin? I want to know properties and characteristic of this bitcoin. Please help me.



Thanx a lot 

[Pony789]

I want to know properties and characteristic of this bitcoin.

The bitcoin wiki could be a good place to start. https://en.bitcoin.it/wiki/Main_Page

Feel free to seek help here if you got any problems.

[midasmarni]

Hi Senorita,

How about we start with where are you? There is lots to tell about Bitcoin, but it helps to know what your needs are so that I can explain it in a way that makes sense for you. What do you know, (or think you know) about Bitcoin so far? Are you interested in getting paid in Bitcoin, investing in Bitcoin, developing for Bitcoin, accepting Bitcoin as payment in your company, or simply using it instead of your existing currency? If you can answer those I can guide you a little better.

Shine on,
MidasMarni

[Beymond]

Its all about profit , people are using it to buy and sell ( business ) but most of them are pump and dump . those small company will take the dump and rich guy get the pump

[HEISENAIR]

Bitcoin is evolving, and evolving quicker than anything before in history. Even quicker than the Internet I think.

At the monent it's mainly people buying and selling BTC's for profit. However, as merchants start accepting Bitcoin, it will naturally gravitate to a means of trade more easily and frequently. During this change the price will keep increasing until it reflects its true tradable worth ( $10k to $100k+ ??)

... time will tell

[MonkeyDOH]

Bitcoin is the money of the future.
Merchants and consumers are already about to use this daily.

[zeeshanblc]

Benefits of Bitcoin:

Decentralized - The goverments cannot easily hold or freeze your bitcoins.

PsuedoAnonymous - Unless you associate your bitcoin address with your name. The bitcoin owner of a certain address is very hard to trace.

21 Million Cap - Bitcoin has only 21 million all total. The more users the more bitcoin increase its price.

Can be transferred in an instant to any country in the world - unlike gold.

Doublespend proof and cannot be counterfeited


My Purpose of Buying Bitcoin

For profit of course

For savings - bitcoin price is very volatile but no matter how volatile its it's price will increase many times in a year.

For trading - I started to love trading bitcoins and alts.

For buying stuffs.