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Author Topic: The importance of bitcoins :)  (Read 511 times)
Artemis3
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December 08, 2019, 06:14:04 AM
 #21

I think bitcoin is important because It's an international currency. Whether or not your government is doing well or poorly, it’s value will not be subject to inflation. you won’t have to pay special fees to spend it in one country or another. you cannot bounce a check, or float a check it's float is negligible no matter how large an amount is. you don’t need to trust banks to hold it for you, you can hold it yourself. you can transact anonymously. and no ID required. you can track all of your spending electronically.

Definitely this. Not having to deal (waste time) with banks is incredibly pleasant, and when you have to send money to others, especially "across borders", its simply the best.

It also eases the exchanging when you travel. If adoption improves, you won't even need to exchange anymore...

I can only hope in a few years you could have a dream vacation all paid with bitcoins, from the plane ticket, to the hotel and the shops etc you visit.

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December 08, 2019, 06:56:52 AM
 #22

I don't know how important bitcoin is to others, but for me personally it is very important. Because bitcoin has helped
my financially, and when everyone does not care about my financial condition. When I am experiencing financial difficulties,
I found bitcoin on the internet. And since I got to know bitcoin, my financial started to gradually improved, because with
bitcoin I can make money. So for me bitcoin is very important, so do not care about the price bitcoin is currently very unstable.
I will always believe in the potential of bitcoin, because indeed there is a lot of bitcoin help my life.

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Ridwan Fauzi
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December 08, 2019, 07:35:51 AM
 #23

How do you thinking when you get passive income per months only $200? It has been happened to me, I'm working at a shoes company and I just paid around $200 per months, it is very horrible but I need it to meet my daily life. Greatfully I know bitcoin and this forum too, I can get another passive income from them because I get used to trade bitcoin although I'm not daily trader but it is enough to help my income.

I'll say that bitcoin is more than currency (I got thinking that bitcoin is money because we can buy anything through although that is still limited by the government) because through its volatility price I can get huge money and I'm not worried when its price went down a lot because sometimes the original price will be reached again as long as I have a high patience.
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December 08, 2019, 07:44:05 AM
 #24

Like what you have said, people change so does what they want. People don't get contented, that's why using technology we continue to develop in order to satisfy what we want. We are used to paper money but just like how the world change, it can also be developed using digital currency.
Bitcoin gives us freedom from third parties and the government. It can be used for buying things, it can be a store value. The importance of bitcoin depends on how we see it and how we use it.

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December 08, 2019, 08:27:48 AM
 #25

Time and again I hear people saying how it would be okay if they have the access to only*traditional money* but one should understand that time has changed and so have we , according to me Bitcoins now a days is indespensible, it's a part of society now , it's a new culture.

Speaking from my personal opinion I just wanted to hear what you guys think about it , why do you think it is so important ?

How have it shaped the society for you .

As for me it is an amazing source of Income , it may not be 100% what you could want , but it helps you get those late night pizzas I might say .
If you are a student it becomes even more necessary because as a student you are not allowed to work , all you could do is rely on it as an independent source of income apart from all the society ( don't know about other sources but in medical you are not allowed to work ).

Let's hear it from you .



I am sure that in the coming decade bitcoin adoption will occur and this will definitely benefit us.

And I think of course bitcoin is very important to us because by adopting bitcoin we will fully be ourselves in finances that cannot be manipulated or controlled by governments or centralized organizations, unlike fiat currencies that are easily manipulated by corrupt people with our finances.

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December 08, 2019, 09:02:48 AM
 #26

I don't know how important bitcoin is to others, but for me personally it is very important. Because bitcoin has helped
my financially, and when everyone does not care about my financial condition. When I am experiencing financial difficulties,
I found bitcoin on the internet. And since I got to know bitcoin, my financial started to gradually improved, because with
bitcoin I can make money. So for me bitcoin is very important, so do not care about the price bitcoin is currently very unstable.
I will always believe in the potential of bitcoin, because indeed there is a lot of bitcoin help my life.

Good thing and I am happy for you, there's a lot of importance of Bitcoin that I wish people who were negative of this can see this as well, and it is really very hard for them to convince at the moment as they can see a lot of scammers at the moment. But, maybe once the government already regulated it and legalize, we can see a lot of businesses adopting it and a lot of users.
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December 08, 2019, 11:27:42 AM
 #27

Maybe only in time, people will change their mind about bitcoin. Like digital currency or maybe before people use debit/credit card to shop, they use physic money. And it keep change as long bitcoin still be used or maybe people will keep use it and start to legalize in some countries, big possibility bitcoin can be next future payment that people use beside digital currencies that use fiat.

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December 08, 2019, 11:52:28 AM
 #28

Time and again I hear people saying how it would be okay if they have the access to only*traditional money* but one should understand that time has changed and so have we , according to me Bitcoins now a days is indespensible, it's a part of society now , it's a new culture.

Speaking from my personal opinion I just wanted to hear what you guys think about it , why do you think it is so important ?

How have it shaped the society for you .

As for me it is an amazing source of Income , it may not be 100% what you could want , but it helps you get those late night pizzas I might say .
If you are a student it becomes even more necessary because as a student you are not allowed to work , all you could do is rely on it as an independent source of income apart from all the society ( don't know about other sources but in medical you are not allowed to work ).

Let's hear it from you .


Everybody knows, uses and is comfortable with fiat, but Bitcoin is relatively new. While it has a lot more obvious advantages, it's still got a long way to go before it gets to mass adoption. Right now, most people are not aware of its advantages as such.
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December 08, 2019, 12:33:32 PM
 #29

I don't know how important bitcoin is to others, but for me personally it is very important. Because bitcoin has helped
my financially, and when everyone does not care about my financial condition. When I am experiencing financial difficulties,
I found bitcoin on the internet. And since I got to know bitcoin, my financial started to gradually improved, because with
bitcoin I can make money. So for me bitcoin is very important, so do not care about the price bitcoin is currently very unstable.
I will always believe in the potential of bitcoin, because indeed there is a lot of bitcoin help my life.

That help usually provided us comfort for a living, and one example to that was cashless payment experience. You don't need to line up for priority numbers like paying bills or some kind of services you wanted to. Bitcoin is a great divertion from physical form of money towards virtually driven currency, that has helped us lived and enjoy life comfortably. We need not to talk too much about how the price worked out, what's important now is we're aware of its capability and worthiness.

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December 08, 2019, 02:11:22 PM
 #30

i can say that bitcoin play a significant role in digital currency at the moment and i think even forever, because as we know other tokens are just a copy from bitcoin structure, at the same time bitcoin is the main coin use a payment to buy another token, or coin, also its really the standard of crypto currency
without bitcoin other coins are useless, and will be just a low value token/coin

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December 08, 2019, 02:29:00 PM
 #31

i can say that bitcoin play a significant role in digital currency at the moment and i think even forever, because as we know other tokens are just a copy from bitcoin structure, at the same time bitcoin is the main coin use a payment to buy another token, or coin, also its really the standard of crypto currency

Bitcoin as the primary means of buying a new altcoin in the market is a solid proof that bitcoin has come along the way and already does play significant role today. Bitcoin already helped a lot of people being and investment and currency, people have benefited the bitcoin when it hit the ATH and saved a lot of time in queueing for seamless payment.

without bitcoin other coins are useless, and will be just a low value token/coin
I just have to disagree on this one, bitcoin can be other coin it just so happen that it was created first. And altcoins is still altcoins even without bitcoin.
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December 08, 2019, 02:45:49 PM
 #32

For me it is the future.

I am really trying to imagine things if bitcoin will be the second option for payment.
We cannot take out fiat money since it is being used a lot even at this time. So let us be real with that.
Bitcoin could be second though.
Let us take out credit cards or debit cards then insert bitcoin. Transact everything using just a QR code in your smartphone or a printed one in paper.
Everything will be so much easier with that.
I dont need a lot of plastic cards when going out to the mall.  Grin
Faster, safer and also private. But I don't think that will happen any time soon.
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December 08, 2019, 02:57:21 PM
 #33

bitcoin is indeed a very important technology for now. if that's not important, I'm sure big countries won't comment further on bitcoin. the other important thing that I think of bitcoin right now is
- able to reduce unemployment (this is very worth)
- encouraging people to think about developing projects from this technology
- have very fast transactions that fiat doesn't have.
- and many more.
however, aside from the importance of bitcoin right now, there are still quite a lot of people who disagree with that. but slowly, that will change.

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Dart18
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December 08, 2019, 03:02:18 PM
 #34

How have it shaped the society for you .

Bitcoin is something that really changed my lifestyle.
Before, I just go and do my everyday repeated life. Just going to work and then doing what is being told.
Now, I got more options. I can trade, I can buy more just to keep it while having faith that bitcoin could get higher value someday.
Same goes to my workmates which I told about bitcoin.
Somehow they are also optimistic about it.
Instead of keeping their money in banks, they just bought it with bitcoin as a stored value for now.
agentx44
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December 08, 2019, 03:48:46 PM
 #35

Time and again I hear people saying how it would be okay if they have the access to only*traditional money* but one should understand that time has changed and so have we , according to me Bitcoins now a days is indespensible, it's a part of society now , it's a new culture.

Speaking from my personal opinion I just wanted to hear what you guys think about it , why do you think it is so important ?

How have it shaped the society for you .

As for me it is an amazing source of Income , it may not be 100% what you could want , but it helps you get those late night pizzas I might say .
If you are a student it becomes even more necessary because as a student you are not allowed to work , all you could do is rely on it as an independent source of income apart from all the society ( don't know about other sources but in medical you are not allowed to work ).

Let's hear it from you .


I agree on the part of being a student and making bitcoin a source of extra income. On my own experience so far, I've faced countless trouble in terms of finances since my family is not that reached. I was able to make lots of money through joining signature campaigns way back and it really helped me and my family a lot in terms of paying our expenditures at home. I also think bitcoin is important because it adapts and fits on how the society should actually be in the future as technology evolves more.
airdnasxela
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December 08, 2019, 04:10:07 PM
 #36

For me it is the future.

I also believe that the true value and importance of bitcoin will be appreciated in the future. Since bitcoin is still aiming for mass adoption, still only few people compare to all people around the world knew about it. In the future, I can see that we will all end up using crypto. Maybe we're dead when that time comes. People still need to appreciate bitcoin more in order to see its value. For me, bitcoin helped me to earn and save money. It helped me provide my needs. It opened my mind about digital currency, and it gave me knowledge not only about technology, but how life works. Bitcoin now becomes an important part of me.
Asuspawer09
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December 08, 2019, 04:26:59 PM
 #37

Time and again I hear people saying how it would be okay if they have the access to only*traditional money* but one should understand that time has changed and so have we , according to me Bitcoins now a days is indespensible, it's a part of society now , it's a new culture.

Speaking from my personal opinion I just wanted to hear what you guys think about it , why do you think it is so important ?

How have it shaped the society for you .

As for me it is an amazing source of Income , it may not be 100% what you could want , but it helps you get those late night pizzas I might say .
If you are a student it becomes even more necessary because as a student you are not allowed to work , all you could do is rely on it as an independent source of income apart from all the society ( don't know about other sources but in medical you are not allowed to work ).

Let's hear it from you .


Both bitcoin and fiat money or traditional money is important in the community and to the government.
In my opinion, it is a good thing to have fiat money since this currency is regulated by the government in one country which maintains the currency of one country,
In different countries, we have a different standard of the SRP or price depending on the quality of the country that standardizes the country.
Bitcoin is also a great technology a digital currency that also helps us in a lot of transactions I think it is a good alternative in these days and potentially could be the best online currency today.


imutlinda
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December 08, 2019, 04:49:53 PM
 #38

Will this bitcoin move towards the SKY because i wants to purchase some bitcoins.  Grin
it helps you seek information in advance and do research so that you know about the investments being carried out, the goal is for you to understand the concept of analysis that is useful for the future. You may look for references but you still have to do your own research
Lanatsa
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December 08, 2019, 04:58:58 PM
 #39

Like what you have said, people change so does what they want. People don't get contented, that's why using technology we continue to develop in order to satisfy what we want. We are used to paper money but just like how the world change, it can also be developed using digital currency.
Bitcoin gives us freedom from third parties and the government. It can be used for buying things, it can be a store value. The importance of bitcoin depends on how we see it and how we use it.
Each person do have different perception into various things and when in talks about bitcoin then for sure we do have in common which is either on its total benefits and usage or just sole focusing on the money making
opportunity that it gives.

Main thing why its being created is to have that p2p transaction without 3rd party intervention.It an advantage for all but a big problem for government sector.Thats why its been suppressed by some.

R


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Zionatin
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December 08, 2019, 05:12:20 PM
 #40

Who says about traditional money? You can already only use traditional money so what are you trying to say? I have never heard of anything like not being able to work when you study. Many people do this. Including myself. I really have no idea what you are talking about. Maybe some studies you don't have the time but you can still work if you like it's just not recommended since you spend so much on your studies and if you fail you will really have to work hard to make up for it.

Will this bitcoin move towards the SKY because i wants to purchase some bitcoins.  Grin

THen you would want bitcoin to sink not soar. Buy low sell high remember.
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