Bitcoin Usage

roger
Posts: 94
Joined: Thu Apr 06, 2017 12:48 pm

Bitcoin Usage

Fri Apr 07, 2017 5:34 am

Why Would One Want to Use Bitcoin?
Last edited by roger on Wed Apr 12, 2017 11:33 am, edited 1 time in total.
rooney
Posts: 118
Joined: Thu Apr 06, 2017 8:49 am

Re: Bitcoin Usage

Fri Apr 07, 2017 7:19 am

Simply because:
- It's decentralized, which means no influence from government or private monitoring authorities
- quick to transfer - within a matter of seconds
- low transaction fees
- multi-layered security
- makes for a great investment
robb
Posts: 110
Joined: Sat Apr 08, 2017 11:25 am

Re: Bitcoin Usage

Thu Aug 24, 2017 12:27 pm

That is clearly upto you actually. Why would you?
I'd use it because its smth i''d have complete control over, no government, no banks. Just me.
bill
Posts: 102
Joined: Sat Apr 08, 2017 5:14 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:29 am

Number of usages of bitcoin available in market. People make advantages of it. Like buy goods, free transaction, no taxes, no management no rules, no authentication and much more.
Boyd
Posts: 94
Joined: Fri Apr 07, 2017 12:51 pm

Re: Bitcoin Usage

Tue Aug 29, 2017 4:29 am

If you google the usages of bitcoin you can get numerous of bitcoin practices. As wherever I go everywhere is bitcoin stuff. People use it as a credit card? Not responsible to answer? no need to confirmation?
bravo
Posts: 98
Joined: Thu Apr 06, 2017 10:35 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:30 am

The main and for most reasons of using bitcoin is that it’s the first digital currency that Bitcoin is the main advanced cash to take out the mediator.
bravure
Posts: 190
Joined: Wed Apr 26, 2017 8:39 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:30 am

People like to use it because: It’s fast. It’s cheap, Central governments can’t take it away, There are no chargebacks
brian
Posts: 96
Joined: Thu Apr 06, 2017 8:12 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:31 am

Countless in the Bitcoin public hope that the cryptocurrency will ultimately be used for the purchasing and marketing of ordinary goods, simple like how we use our traditional fiat currency or current currency. But the difficult is that until very newly, it wasn’t that great at being an exchange or maybe cash.
brooks
Posts: 98
Joined: Fri Apr 07, 2017 6:21 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:31 am

What do you think what are the uses of bitcoin? It is use for receiving or transferring goods? Bitcoin has lot of usages like you can start your business with bitcoin, you’re your own owner.
btccherry
Posts: 193
Joined: Wed Apr 26, 2017 8:30 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:32 am

Well bitcoin is a technology or huge digital currency in this tremendous era where everyone prefers to usages of bitcoin. Bitcoin is money and money can be used for selling and purchasing goods or another commodity.
buehligat
Posts: 165
Joined: Wed Apr 26, 2017 8:47 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:33 am

From many years bitcoin is used as a paper money, even though physical systems of Bitcoin exist from where you can buy online goods or services.
cris
Posts: 112
Joined: Thu Apr 06, 2017 10:57 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:33 am

First of all, bitcoin offer a great platform that’s where everyone wants to use it or take advantage of this technology. It can be used as transaction without taxes.
curt
Posts: 104
Joined: Sat Apr 08, 2017 11:22 am

Re: Bitcoin Usage

Tue Aug 29, 2017 4:34 am

Bitcoin is a computerized money used to pay for a variety of merchandise and services. Although physical types of Bitcoin exist, the cash's essential frame is information so you exchange it on the web or online, distributed, utilizing wallet software or an online service.
aliena
Posts: 97
Joined: Wed Aug 23, 2017 4:39 am

Re: Bitcoin Usage

Tue Aug 29, 2017 11:34 am

One may use bitcoins because it is secure, has low transaction fee and there is user anonymity.
bert
Posts: 78
Joined: Sat Apr 08, 2017 10:46 am

Re: Bitcoin Usage

Tue Aug 29, 2017 11:35 am

bitcoin's unique thing is that it is decentralized which means only you have the control over your bitcoins. One can do peer-to-peer transaction without involving third party.
bas
Posts: 76
Joined: Sat Apr 08, 2017 10:44 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:01 pm

People find trading very beneficial using bitcoins. The profits are very high !
axel
Posts: 84
Joined: Sat Apr 08, 2017 10:45 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:02 pm

people use bitcoins for long term savings, they sell their bitcoins when prices are much high to get profit.
azimiballer
Posts: 171
Joined: Wed May 03, 2017 7:31 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:03 pm

bitcoins are preferred because they are fast and secure.
bain
Posts: 117
Joined: Tue Apr 25, 2017 5:24 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:04 pm

people consider bitcoins as their asset in difficult times.
barr
Posts: 70
Joined: Sat Apr 08, 2017 10:43 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:04 pm

People find it easy to sell drugs and do criminal activities accepting bitcoins as payment. Because you can hide your identity while paying and others would never know about this transaction.
alton
Posts: 120
Joined: Sat Apr 08, 2017 10:42 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:05 pm

Bitcoin is a currency of new generation, people are following the trends! What attracts them the most is the full control they have on their money!
aron
Posts: 83
Joined: Sat Apr 08, 2017 10:41 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:06 pm

The best thing is government has no access to your bitcoins, so people can use it without paying taxes.
bennett
Posts: 113
Joined: Fri Apr 07, 2017 6:29 am

Re: Bitcoin Usage

Tue Aug 29, 2017 1:06 pm

bitcoins are being mostly used for trading and investing purposes by different people, as it provides you a secure and fast system, with full control!
vik
Posts: 263
Joined: Wed Apr 19, 2017 7:20 am

Re: Bitcoin Usage

Tue Sep 12, 2017 11:09 am

In cryptocurrency the bitcoin is going good.
truelegend
Posts: 134
Joined: Tue Sep 05, 2017 7:48 am

Re: Bitcoin Usage

Tue Sep 12, 2017 11:10 am

People get millionaire by investing on bitcoin.
Cyril
Posts: 89
Joined: Tue Apr 25, 2017 5:30 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:13 am

The best reason for me is no involvement of government.
dany
Posts: 109
Joined: Mon Apr 10, 2017 5:23 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:13 am

So what's the advantage if government does not involve ??
dirk
Posts: 130
Joined: Tue Apr 25, 2017 5:31 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:13 am

No government mean no tax.
dragonmax
Posts: 212
Joined: Wed Apr 26, 2017 8:56 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:14 am

Yes you do not need to pay any tax on cryptocurrency
dynastyQB
Posts: 204
Joined: Wed May 03, 2017 7:17 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:14 am

Only fee amount you have to pay for transaction.
eddy
Posts: 234
Joined: Mon Apr 10, 2017 10:49 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:14 am

how much transaction fee??
edward
Posts: 125
Joined: Thu Apr 06, 2017 8:11 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:15 am

Transaction fee depend on the site mean which site you are using to exchange yours bitcoin.
evilzero
Posts: 199
Joined: Wed May 03, 2017 7:20 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:15 am

Transaction fee depend on the site mean which site you are using to exchange yours bitcoin.
It is decentralizes mean no involvement of third party.
felix
Posts: 115
Joined: Tue Apr 25, 2017 5:33 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:16 am

It is the best way to invest money on bitcoin to get profit in short time.
fernando
Posts: 102
Joined: Thu Apr 06, 2017 10:41 am

Re: Bitcoin Usage

Mon Sep 18, 2017 8:17 am

But it can be a risk if price rise very fast then it can also fall down in very short time.

Return to “Exchanges”

Who is online

Users browsing this forum: No registered users and 1 guest