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Author Topic: Happiness in bitcoin  (Read 500 times)
Wesleyeric (OP)
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December 23, 2020, 05:17:31 PM
 #1

We all have some advantages in bitcoin,So many people have profited in one way or the other in bitcoin world, You trade bitcoin, And make profits. We all should understand that bitcoin is that best currency in the world, the old come together through the help of bitcoin.
   

Important of bitcoin to human


1 We use bitcoin for easy transaction
2 We use bitcoin to send money across the country
3 Bitcoin is the fastest means of transactions
4 Not a physical currency, it can not be damage in a wallet.

    Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.  Cheesy
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December 23, 2020, 06:50:32 PM
 #2

Happiness in bitcoin is out of the profit made through the growth. Usage of bitcoin on transaction is mainly preferred by large volume transaction makers. When the bank make the user get involved into lot many procedures for a transaction, bitcoin does it without much complication and with reduced transaction fee. Moreover the usage isn't limited, the multiple usage of bitcoin makes it more valuable.

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December 24, 2020, 03:22:10 AM
 #3

Just to be fair, there are also some altcoin that can also increase its price overtime. But the thing with bitcoin is that it is the prime mover of crypto currency, that's why the price keeps on growing in the last ten year, as currently we have hit a new all time high.

Happiness can only be felt if you have some stash of bitcoin you get at a lower price and then just hold on it for years and taking profits to help you more secure financially in life.

R


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December 24, 2020, 03:28:47 AM
 #4

We all have some advantages in bitcoin,So many people have profited in one way or the other in bitcoin world, You trade bitcoin, And make profits. We all should understand that bitcoin is that best currency in the world, the old come together through the help of bitcoin.
   
Well talking about trading then better not to solely use bitcoin because Traders mostly use altcoins and make bitcoin as long term holding.

Important of bitcoin to human



3 Bitcoin is the fastest means of transactions

never always Count on this ,same reason why many still doubt bitcoin .. if the Market has a big price change Bitcoin transaction wont perform like what speeds in normal days.

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December 24, 2020, 04:19:15 AM
 #5

#3 there will be arguments about its speed. Although there's lightning network that has improved its speed and made the transactions cheaper. It isn't yet widely used. Some alts have faster speeds and this time, many would only use it as an investment not in transfers.

Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.  Cheesy
Other currencies are also increasing in value depending to the situation of their mother country. In cryptocurrencies, there are altcoins that are also increasing in value but just like bitcoin, they're volatile.

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December 24, 2020, 04:28:52 AM
 #6

Happiness in bitcoin is out of the profit made through the growth. Usage of bitcoin on transaction is mainly preferred by large volume transaction makers. When the bank make the user get involved into lot many procedures for a transaction, bitcoin does it without much complication and with reduced transaction fee. Moreover the usage isn't limited, the multiple usage of bitcoin makes it more valuable.
Amen brother. If people who hodls bitcoin and does not get a value out of it, I do not think happiness will be the word that they should be associated with. Not to mention that banks have been screwing people up ever since and what bitcoin provided is a ladder to get out of that financial trap that has been burying people ever since the inception of banks and fiat money, so in a way that happiness could stem from having the relief of being involved with banks and their bureaucratic crony counterparts.

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December 24, 2020, 04:33:46 AM
 #7

Well errr I don't think Bitcoin is the fastest means to transact, afaik it actually has issues with it. Its advantage is that it can be used to transact worldwide without any restrictions, but it being fastest is not included in that. And again, there are other altcoins out there that can make you actually profit, that prices grow over time. It's just not that apparent since compared to Bitcoin, it's actually quite minuscule. And using the best to describe it may put out quite a bit of argument here and there. I do acknowledge Bitcoin, but only as one of the best, since even now, I still use my local currency to transact. If I considered it to be the best, I would've stuck to using it always.

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December 24, 2020, 04:37:21 AM
 #8

Trading wouldn't always bring profit since most of traders are in loss, expectation ≠ reality.

3 Bitcoin is the fastest means of transactions
Bitcoin aren't the fastest cryptocurrency, XRP are much faster (but it's shitcoin)

Quote
4 Not a physical currency, it can not be damage in a wallet.
But you can loss your coins if you forget/missing the private keys or seed pharse. So, you still want to protect/secure it even though it's not physical

Quote
Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.  Cheesy
Yes, but we shouldn't forgot what Bitcoin can come down below $4000 after reaching new ATH



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December 24, 2020, 05:32:38 AM
 #9

1 We use bitcoin for easy transaction
2 We use bitcoin to send money across the country
3 Bitcoin is the fastest means of transactions
4 Not a physical currency, it can not be damage in a wallet.
You are a bitcoin fanatic indeed. I don't see anything about being proud with bitcoin but please stand only to truth. Just because you like btc or crypto in general it doesn't mean you will get blind or discount what fiat can do good to us.

Just like on the list you stated. Numbers 1,2 and 4 are considered correct but I might disagree to you in number 3. Based on my experience, e-money transactions are faster than crypto payments. I don't know if I'm only the one but it makes sense isn't it? The speed of sending crypto depends on the fees — lower fee means slower transactions.

Nonetheless, I'm already happy on what bitcoin can offer us so far. There is still so much time for improvements, let's take things slowly Cheesy.
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December 24, 2020, 06:11:11 AM
 #10

We all have some advantages in bitcoin,So many people have profited in one way or the other in bitcoin world, You trade bitcoin, And make profits. We all should understand that bitcoin is that best currency in the world, the old come together through the help of bitcoin.
   

Important of bitcoin to human


1 We use bitcoin for easy transaction
2 We use bitcoin to send money across the country
3 Bitcoin is the fastest means of transactions
4 Not a physical currency, it can not be damage in a wallet.

    Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.  Cheesy

Absolutely right. Bitcoins importance to humankind nowadays is beyond compare. Because of the huge profits that we are getting from Bitcoin world, extreme rejoicing has been felt each time. And much more with the other great features of this unique and largest crypto currency in the world market, which made our lives so easy and gives us the financial freedom that everyone had been dreaming of. Indeed, I found my happiness in Bitcoin.
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December 24, 2020, 07:30:58 AM
 #11

Yes, I extract happiness from Bitcoin. There exist a large group of people who still don't know about it yet earning pretty much amount from their job/businesses. They will happily invest in stocks but not in crypto. Why? The first reason will be the news that they had heard of losing someone of the government banning such trades. Well, that's their loss. However, happiness is here whose intensity is directly proportional to the number of satoshi one holds.
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December 24, 2020, 07:31:16 AM
 #12

Bitcoin showed that it has potential in making it as the money in mode of transactions but still it is not accepted by many countries. Changing from fiat money to digital currency may take a lot longer before we get there. Considering the fact that it gave us opportunities and ease of access in transaction, still at this point fiat money are still the best to use everywhere. I think bitcoin will be accepted in every culture when its value is not too much volatile because if still is, there will be a lot of troubles that will happen country by country.
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December 24, 2020, 07:48:50 AM
 #13

You seem to be a happy and positive BTC investor which is great for you, but every BTC investor isn't lucky which is why you cannot simply generalize and say that every BTC investor is happy.

There are some who invested at the wrong time and sold for a loss and lost money. There are some who ended up making critical mistakes while trading BTC.

Example: https://coingenius.news/bitcoin-user-pays-80000-transaction-fee-to-send-little-over-1-of-btc/#:~:text=Republished%20by%20Plato-,A%20bitcoin%20user%20has%20paid%20over%20%2480%2C000%20in%20transaction%20fees,a%20cryptocurrency%20exchange%20or%20service.

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December 24, 2020, 08:42:00 AM
 #14

What makes me happy is when I see bitcoin price back up to $20k because that makes me profit. But it is hard to expect to profit from trading, especially if we don't have enough skills in trading or don't learn more about trading. You can make a profit only if you always learn more about trading, analyze the market movements, and know what to do based on the market's current situations. We have more time to make more bitcoin from trading, even if the bitcoin price already increase because there will be a time for bitcoin to go down and back up again.

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December 24, 2020, 08:45:49 AM
 #15

We all have some advantages in bitcoin,So many people have profited in one way or the other in bitcoin world, You trade bitcoin, And make profits. We all should understand that bitcoin is that best currency in the world, the old come together through the help of bitcoin.
   

Important of bitcoin to human


1 We use bitcoin for easy transaction
2 We use bitcoin to send money across the country
3 Bitcoin is the fastest means of transactions
4 Not a physical currency, it can not be damage in a wallet.

    Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.  Cheesy

Good to see your positivity.
While a few of your points have been noted above like trading and its speed,
its also worth noting its honesty! it is non corruptable, it cannot be hacked and
each and every coin is accounted for on the public ledger for all to see.

It is a deflationary "currency" in that the supply is reducing over time mainly through
"halvening" and through coins being lost or being inaccessable after users
forget their wallet codes and passwords.

Bitcoin doesnt know borders, it can be sent to anyone regardless of where they
are in the world and importantly at any time 24/7/365!

From an investor point of view Bitcoin today regardless of its FIAT value is the only
"asset" which is a safe place to store your wealth or savings or nest egg or piggy bank.

The more you look at it the better it gets!


R


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December 24, 2020, 08:58:48 AM
 #16

To be honest, it seems easier to lose a Bitcoin than it is to lose a banknote. There are obviously pros and cons, but there is no other advantage better than the fact that Bitcoin gives you a freedom fiat doesn't provide. Also, I wouldn't say Bitcoin is the fastest mean of exchange. I mean, you could hand out a banknote in seconds and there is no "confirmation" needed other than verifying whether the banknote is legit or fake. PayPal transfers are instant. It's just that Bitcoin gives us an independency we've never had before.
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December 24, 2020, 09:04:20 AM
 #17

I am totally amused and agree at you brother. Bitcoin is a life changing thing for many who had took the risk of investing. If only many people have known about this then it might have helped many escape the rat race and achieve financial security. But apart from happiness for those who have profited from Bitcoin, we also need to remember the sad things that happened to many because of Bitcoin. Let us remember them, and learn the lessons of those who fail.

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December 24, 2020, 09:20:05 AM
 #18

To me BTC has become a life saviour during every tough times I mean when money is needed the only thing comes in my mind is BTC well that's how I've been get addicted to it. In every aspect it has been beneficial to the people like it's already a payment gateway, you can buy and sell stuffs and lot more to come thousands of them have already became millionaires guys trust me BTC is future without any doubt.










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December 24, 2020, 09:49:09 AM
 #19

We all have some advantages in bitcoin,So many people have profited in one way or the other in bitcoin world, You trade bitcoin, And make profits. We all should understand that bitcoin is that best currency in the world, the old come together through the help of bitcoin.
   

Important of bitcoin to human


1 We use bitcoin for easy transaction
2 We use bitcoin to send money across the country
3 Bitcoin is the fastest means of transactions
4 Not a physical currency, it can not be damage in a wallet.

    Bitcoin is the only currency that increase in value, All bitcoin holder has advantages now.  Cheesy
Yes for me it is easier to have an investment in crypto than in Fiat since I like to keep my profile low and keep my investment hidden from the ears of people around me.
But I don't think you would also be happy in Bitcoin once you experience the transaction delay for days or more and also the huge amount of transaction fee,
I am just stating the fact and doesn't want to hide it for the newbie's.

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December 24, 2020, 10:08:26 AM
 #20

Well I think its obvious to say that we are all here because we are hoping in the future we will be part of the rich people in this world who had Bitcoin before it was mainstream.  And we can look back and tell everyone that we knew at one day this would happen.

I think that in the way future Bitcoin will be more accepted in businesses and just when dealing with money or finances.

But again there will be a lot of sad people not happy people in bitcoin if the price per 1 coin takes a major bad turn for the worst.  Lets all hope this doesnt ever happen again.

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