Post
Topic
Board Bitcoin Discussion
Re: Why should people use Bitcoin?
by
batang_bitcoin
on 10/04/2017, 04:08:00 UTC
Using Bitcoin brings about extreme speed in transactions which in never possible before its existence. To put simply, it provides almost perfect convenience to transaction speeds but that in itself comes with a fair measures of security issues which can be solved by being more cautious.

Talking about "extreme" speed, not all the time bitcoin will give you an extreme speed in transactions. Because it's one of the issue right now, many are experiencing problem with this matter. But for me, people should use bitcoin right now because the chance making them rich in the future will be gone if they aren't going to get into it.

Yeah everyone is facing an big issue with the delay in confirmation time and even the transaction fees have become very high and not all will like that but apart from that there are many best features attached with bitcoin and that attracts people to use bitcoins.

Yes we need to set aside it, because there are more good things about bitcoin and we don't need to focus with it. That is just showing that because of the delay, many people now are starting to use bitcoins and despite of those problems, many are sticking into it. Another thing, instead of the price to drop because of those problems, it keeps on increasing.

I don't think that price will drop massively only because of the delay in confirmation time and even if it drops it won't drop permanently and will rise again in next few days so I don't think it will have huge impact on the declining the price of bitcoins.

Of course it is not going to happen just because of it. There are even more important things aside from that confirmation problem. And people should believe and use bitcoin because of the big market cap of it that makes the price higher. If they want to become rich in no time, they should use bitcoin as their main investment.

Yes and people who have faith in the potential of bitcoin will not treat delay in confirmation time a major issue as they very well know that it will get resolved in future and they will concentrate on how to have more amount of bitcoins which can make them rich in future.

Because a person that sees good opportunity on bitcoin will not treat that problem as a main deal. Because they still can see a lot of potential that bitcoin will always be the best investment and it will be accepted by many business entities and investors in the near future.