What is bitcoin for you?

[Nheer]

You are literally in a bitcoin forum. It is like an encyclopedia of everything about Bitcoin. You don't look like you are searching for knowledge. Lastly as a newbie you shouldn't be creating topics like this. Take your time to read about Bitcoin and find threads where you can contribute positively to.

OP has been in the forum for quite a long time now and doesn’t seem like he have achieved much knowledge here and one can see that from his posts. I was more surprised when i saw one of his posts demanding the admin to delete his account and his reason was being that his post are being deleted whenever he makes a post. He is here long enough to understand how to make posts that wouldn’t be deleted, well the rank says alot about the account.

Op, you have been in the forum long enough to know how the forum works and to grow posts like this wouldn’t really help you, try to create something more reasonable. If you have been more active and following up discussions by now you must have understood what bitcoin is.

To answer your question OP, to me i believe bitcoin is the future, to some it is a store of value and an asset that grows over time due to it’s volatility which has made a lot of people trust it and invest in it. Most importantly it has given us financial freedom which is the reason why the government keeps fighting against it.

[Zanab247]

You mean what BTC mean to me? BTC is a decentralized currency that is not control with the government, but it dump when there is a season to dump in the market and pump when there is a season to pump in the market.

BTC is an asset you can invest and hodl for the bull run to come before you can sell, and it will help you to accommodate profit that will motivate you to invest anytime, and before you will mention profitable coins in the market, you must mention BTC before other coins in the market.

If BTC is legalized in your country, I will advise you to introduce BTC to your business as payment so that you will experience the benefit of BTC.

[rhodelmabanal]

Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

bitcoin is a kind of freedom in financial problem, it is the only way to earn without any kind of taxes and without a government rules and regulations, you can earn in bitcoin and even you're very close friends family's and relatives will never know that you earn. This is a very amazing digital crypto currency that give a chances to everyone to have a financial freedom in the middle of a very high inflation problem. All you need to do is do a research or read some topic in this forum to know more about it for good.

[cryptoWODL]

Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.

[bitterguy28]

Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

yeah the best thing about bitcoin that the government is trying to take from us,,making every exchange to be centralized so they can watch over our doings inside bitcoin and crypto.
but Am sure they will never succeed because there are still some exchange that exist as decentralized .

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.

the only hassle mate is if we are spending our bitcoin in places where this is not available or being banned because that will be a very hard task spending this.

[Ishicryptic]

For me, the best and most useful features of Bitcoin are financial freedom and borderless transactions. I became financially established through Bitcoin and crypto, so I can spend my money anywhere in the world as I wish. I can accept payment from anywhere without any troubles or third parties. So this is the life-changing opportunity that Bitcoin gives me. If I wasn't introduced to Bitcoin, then I would struggle in my life. Each of us would have a different reason to love Bitcoin; I just express my opinion. 

I have the same definition with you, for me Bitcoin is a digital cash that has no restrictions and boundaries like fiat currencies, it gives the holder freedom and privacy to carry out p2p transactions without the interference of a third party, from any location in the world. It is also a store of value that investors can hodl on a long term, an asset that will keep increasing in value and adding returns on investment for the holders, the longer that it is hodled, the more profitable it becomes for the investors

[Betwrong]

Alright, I should've asked: What is bitcoin for you?

Bitcoin is young compared to the age of the universe, but its history is already impressive. I'm not going to recount all of it here, and, you know, even telling about only the brightest moments would take a lot of space (and time). I will just say what is Bitcoin for me personally.

Bitcoin is Freedom. However pompous it may sound, but it's true.

[justdimin]

Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.

That "digital gold" and "currency" are the two things that makes it so important for me. I mean the reality is that it is both like gold in asset form where you invest and in the long run you make money from it, but it is also like fiat when you want to spend it as well. I can both keep it and make a lot of money from it, but I can give it to you and get something in return as well, so you will hold it and make money or you will give it to some one else.

We can always cash out as well of course and that is not a problem but that doesn't mean that we are not going to end up with any issues at all, just because bitcoin is great doesn't mean that it is perfect, like for example fee situation could always cause problems at times as well.

[laijsica]

Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.

That "digital gold" and "currency" are the two things that makes it so important for me. I mean the reality is that it is both like gold in asset form where you invest and in the long run you make money from it, but it is also like fiat when you want to spend it as well. I can both keep it and make a lot of money from it, but I can give it to you and get something in return as well, so you will hold it and make money or you will give it to some one else.

We can always cash out as well of course and that is not a problem but that doesn't mean that we are not going to end up with any issues at all, just because bitcoin is great doesn't mean that it is perfect, like for example fee situation could always cause problems at times as well.

The reality is that BTC is worth more than gold. You can't buy gold with $10 if you want but you can deposit BTC. By consistently managing DCA even low income people can become holders of BTC which is really a great investment. Even with long-term management, he can hold a huge BTC stash that can buy a lot of gold at a time when the price rises. But I think that guy might not be interested in buying gold anymore because BTC is giving him a lot of returns and the holding will make him more profitable in the future. So I think holding BTC is a better investment than gold.

[Smack That Ace]

Bitcoin is digital gold to me, also known as decentralized currency. Bitcoin gives us financial freedom even we can trade or hold these bitcoins without third party control.

What is Bitcoin for you?
A simple answer to this question for me is that I am financially established with this Bitcoin even made my family self-sufficient by investing in Bitcoin. My Bitcoin investment money means I can spend it freely from anywhere in the world without any hassle. If I hadn't involved myself with Bitcoin I probably wouldn't have been financially established. I consider Bitcoin as a precious currency that changed my life. Everyone may have a different opinion about the life changing currency Bitcoin, I just mentioned my opinion.

That "digital gold" and "currency" are the two things that makes it so important for me. I mean the reality is that it is both like gold in asset form where you invest and in the long run you make money from it, but it is also like fiat when you want to spend it as well. I can both keep it and make a lot of money from it, but I can give it to you and get something in return as well, so you will hold it and make money or you will give it to some one else.

We can always cash out as well of course and that is not a problem but that doesn't mean that we are not going to end up with any issues at all, just because bitcoin is great doesn't mean that it is perfect, like for example fee situation could always cause problems at times as well.

The reality is that BTC is worth more than gold. You can't buy gold with $10 if you want but you can deposit BTC. By consistently managing DCA even low income people can become holders of BTC which is really a great investment. Even with long-term management, he can hold a huge BTC stash that can buy a lot of gold at a time when the price rises. But I think that guy might not be interested in buying gold anymore because BTC is giving him a lot of returns and the holding will make him more profitable in the future. So I think holding BTC is a better investment than gold.

If your criteria for evaluating the best investment is just returns then yes, bitcoin is the best investment because it has the potential to generate the highest returns compared to other traditional assets. But if you are wealthy and you need an asset that can be guaranteed to be safe, legal, popular and stable, then bitcoin is not the choice. In short, which investment is best will depend on individual preferences.
Although I am a bitcoin investor, once my bitcoin investment has large profits, I will take profits and transfer part of it to gold, gold is still the inevitable choice as a safe haven.

[Mr.suevie]

Alright, I should've asked: What is bitcoin for you?

Bitcoin is young compared to the age of the universe, but its history is already impressive. I'm not going to recount all of it here, and, you know, even telling about only the brightest moments would take a lot of space (and time). I will just say what is Bitcoin for me personally.

Bitcoin is Freedom. However pompous it may sound, but it's true.

Sometimes it amazes to how Bitcoin even grew this big and gained this kind of reputation than every other cryptocurrency out there and when I look at the amazing success stories of Bitcoin it makes me understand that yes truly this is merely just the beginning to the levels to what Bitcoin can actually do. For me I will make it simple, Bitcoin is a way of telling the government that we are not all fools and thanks to a certain unknown man @satoshi we can now be in charge of our own money although to achieving this is still very much limited but atleast we are on the road to that

[Betwrong]

~

Sometimes it amazes to how Bitcoin even grew this big and gained this kind of reputation than every other cryptocurrency out there and when I look at the amazing success stories of Bitcoin it makes me understand that yes truly this is merely just the beginning to the levels to what Bitcoin can actually do. ~

I totally agree with you, brother. I totally agree. And I'm not talking only about the price in USD either. I really believe that the problem of high transaction fees will be solved and then Bitcoin will be used regularly in stores and cafes, and by various music companies to sell a song or a ringtone. I really believe that most of the people in the world, not just 219 million as it is today, will be using Bitcoin and enjoying the benefits.

[Z_MBFM]

~

Sometimes it amazes to how Bitcoin even grew this big and gained this kind of reputation than every other cryptocurrency out there and when I look at the amazing success stories of Bitcoin it makes me understand that yes truly this is merely just the beginning to the levels to what Bitcoin can actually do. ~

I totally agree with you, brother. I totally agree. And I'm not talking only about the price in USD either. I really believe that the problem of high transaction fees will be solved and then Bitcoin will be used regularly in stores and cafes, and by various music companies to sell a song or a ringtone. I really believe that most of the people in the world, not just 219 million as it is today, will be using Bitcoin and enjoying the benefits.

Bitcoin's transaction fees need to be low to increase people's interest in small transactions. When someone goes to pay in Bitcoin to buy any product from any store or any place, it will not be a perfect payment method for anyone if a high amount of transaction fee is charged for it. For example, if a t-shirt costs $20, then if $5+ transaction fee is deducted, it will cost $25, whereas other payment methods will charge a much lower fee. so of course reducing Bitcoin fees is very important. Hopefully there will be a solution for this in the future and Bitcoin will play a bigger role as a payment solution

[Betwrong]

~

Bitcoin's transaction fees need to be low to increase people's interest in small transactions. When someone goes to pay in Bitcoin to buy any product from any store or any place, it will not be a perfect payment method for anyone if a high amount of transaction fee is charged for it. For example, if a t-shirt costs $20, then if $5+ transaction fee is deducted, it will cost $25, whereas other payment methods will charge a much lower fee. so of course reducing Bitcoin fees is very important. Hopefully there will be a solution for this in the future and Bitcoin will play a bigger role as a payment solution

That's what I'm saying. Right now we have around $1.50 fee most of the time, and for many of us it's acceptable for our needs, but for those people who would want to buy a ringtone for $2 paying $1.50 as a fee would be too much. Same can be said about a cup of coffee or tea. But the fees were as high as $40 or even $60 couple of times in the past, as far as I can remember, and what we have now is already a big progress. I think if fees were around $0.20, it wouldn't be a problem for anyone.

[amihada]

For me, Bitcoin is the safest asset that I can manage myself without other parties involved, so Bitcoin for me is very important and I could pass on Bitcoin to my children and grandchildren in the future, especially in the future, perhaps a very valuable asset will be digital currency. I am not wrong to invest in Bitcoin as an asset in the future.

[TheUltraElite]

For me it is censorship resistance and decentralisation. The ability to send money to someone without having restrictions across borders and being accepted in the receiving country is something we all have wanted since the start of using fiat money.

This gives power in the hands of the people and those who understand this properly will always accept Bitcoin or show interest in it.

Hence we see a future of Bitcoin being used without legal restrictions and bring accepted by merchants everywhere.

[Lidger]

Bitcoin is a very valuable and very important digital currency to me. I trust and trust Bitcoin more than any other digital currency on the market. Where others can't figure out where to invest their money, I'm investing my money in Bitcoin and I'm very happy with the investment. When I first learned about Bitcoin it was definitely a good time for me because if I hadn't learned about Bitcoin then I probably wouldn't be able to call myself a Bitcoin investor now. A lot has already been achieved through Bitcoin and I hope to achieve more with Bitcoin in the future. For these reasons I put Bitcoin ahead of all other currencies.

[Essential10]

I think bitcoin is the oxygen of crypto currency. Bitcoin to me is like a big banyan tree, it gives off oxygen so everyone else can breathe. Bitcoin is the most popular, most valuable and most trusted cryptocurrency among crypto currencies  because I have invested in Bitcoin and I have held it. I believe that Bitcoin will take its value to a position that will seem like a dream to us. I believe a time will come in the days when bitcoin will create trust among everyone in the world.

[Mrbluntzy]

Bitcoin is an investment for me. It is an asset through which I shall make profit after holding my Bitcoin for a long period of time. Bitcoin is an investment to so many people and not only me.

[wxxyrqa]

Bitcoin is an investment for me. It is an asset through which I shall make profit after holding my Bitcoin for a long period of time. Bitcoin is an investment to so many people and not only me.

It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.