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Author Topic: Why do more and more people use cryptocurrency?  (Read 15784 times)

Offline Ghozrd

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Re: Why do more and more people use cryptocurrency?
« Reply #75 on: December 02, 2020, 03:29:01 PM »
Buying things using cryptocurrency or sending money in Bitcoin is absolutely normal to a huge number of people all over the world!
more precisely for money transfer transactions in the form of Bitcoin, because there are many rules from each country, cryptocurrency is not prohibited as an investment, but there are some countries that prohibit buying and selling transactions.
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

But in fact, crypto users around the world can easily buy Bitcoin or other altcoins on DEX exchanges, this will make it easier for anyone to transact and make payments in the amount of Bitcoin or altcoin they want.

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Re: Why do more and more people use cryptocurrency?
« Reply #75 on: December 02, 2020, 03:29:01 PM »

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Offline owmivmen

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Re: Why do more and more people use cryptocurrency?
« Reply #76 on: December 02, 2020, 05:55:15 PM »
That's what you have to apply continuously if you want crypto to continue to be used for transactions. People must have their own wallet and crypto to use. Not only for investing, other activities that use blockchain and crypto technology should be more widely used
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Re: Why do more and more people use cryptocurrency?
« Reply #76 on: December 02, 2020, 05:55:15 PM »

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Offline Seerge

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Re: Why do more and more people use cryptocurrency?
« Reply #77 on: December 02, 2020, 05:59:02 PM »
Cryptocurrency makes it easy for us, when compared to FIAT Crypto certainly has many advantages. Therefore more and more people are using Cryptocurrency in all matters, and this will continue until Crypto is really needed in society.

Online Fivestar4everMVP

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Re: Why do more and more people use cryptocurrency?
« Reply #78 on: December 02, 2020, 07:46:13 PM »
Crypto is becoming more and more known to the people around the world, i did say that with every move bitcoin makes, be it up or down, new people are getting to know about it and this is why the crypto industry is growing rapidly, i did say that in 3 or 4 years from now, bitcoin and crypto in general will known and used by many people around the world.
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Offline mianvicky1

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Re: Why do more and more people use cryptocurrency?
« Reply #79 on: December 02, 2020, 08:07:11 PM »
Yes its a new way to pay for your things. Everyome is moving  to this system because its very simple and secure.

Offline ayatoslaw

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Re: Why do more and more people use cryptocurrency?
« Reply #80 on: December 03, 2020, 12:43:59 AM »
Crypto is becoming more and more known to the people around the world, i did say that with every move bitcoin makes, be it up or down, new people are getting to know about it and this is why the crypto industry is growing rapidly,
The Cryptocurrency industry is growing rapidly due to the large number of new investors who enter when the global economy is falling, The return of bitcoin prices from $4000 to $20000 only takes less than one year, this makes many people believe that cryptocurrency assets will provide profits because they are not affected by global economic conditions, and even though it is affected rapidly the price will rise again.

Offline Hometown

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Re: Why do more and more people use cryptocurrency?
« Reply #81 on: December 03, 2020, 01:30:57 AM »
People getting more closer to online cryptocurrencies due to the  fastest transfer, lower cost and easy uses. Actually people don't have to traditional transactions system when they get available in digital systems.
Yes people are moving forward to get something New. Banking system a traditional transactions systems which can't cover people interest. So they are in interesting in cryptocurrencies transactions within an easy way.

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Re: Why do more and more people use cryptocurrency?
« Reply #81 on: December 03, 2020, 01:30:57 AM »


Offline Galley

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Re: Why do more and more people use cryptocurrency?
« Reply #82 on: December 03, 2020, 02:18:09 PM »
People are using cryptocurrency more and more because of the benefits it provides. I don't have to go anywhere to get accounts, I don't have to provide all the documents about myself. I can easily transfer money almost instantly to anyone anywhere in the world. I do not have to account to anyone for every cent in my account. And no one will block my account for some mythical reasons.

Offline Ezzi

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Re: Why do more and more people use cryptocurrency?
« Reply #83 on: December 03, 2020, 04:45:04 PM »
Because cryptocurrencies are gaining momentum. I remember the time bitcoin costs $ 2 and now it is already $ 20,000. In a fairly short period of time, it has grown so much and it is also safe. This is why cryptocurrencies have become so popular
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Re: Why do more and more people use cryptocurrency?
« Reply #84 on: December 03, 2020, 05:47:35 PM »
It is possible to buy a lot of things around the world using cryptocurrency. So I think it is possible to make a profit by buying, trading and investing around the world using cryptocurrency. We all know the news of digital currency bitcoin in particular. The position of this coin was not a very good one. But it has become a world-famous currency.
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Offline gurunanakji777

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Re: Why do more and more people use cryptocurrency?
« Reply #85 on: December 03, 2020, 06:15:21 PM »
The world is quickly moving towards digitalization. The benefits of cryptocurrencies are instant transfers and fewer transaction fees whether we send to anywhere in the world as compared to fiat charges.

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Re: Why do more and more people use cryptocurrency?
« Reply #86 on: December 03, 2020, 11:58:23 PM »
the reason for using cryptocurrency because it has become a hobby and also an opportunity and earn income in crypto its need a broad insight so that we need to love crypto before making crypto a field of work for us.
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Offline ayatoslaw

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Re: Why do more and more people use cryptocurrency?
« Reply #87 on: December 04, 2020, 01:05:59 AM »
the reason for using cryptocurrency because it has become a hobby and also an opportunity and earn income in crypto its need a broad insight so that we need to love crypto before making crypto a field of work for us.
For someone who does not have basic coding, it is difficult to find a cryptocurrency job, there is indeed a job in cryptocurrency but it is very unlikely that you will be able to enter there, as if you know hundreds of thousands of people are active in cryptocurrency, and still a small proportion are making income by trading, or becoming developer, so in my opinion being a cryptocurrency enthusiast is good enough to help you invest in the right and potential coins.

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Re: Why do more and more people use cryptocurrency?
« Reply #88 on: December 04, 2020, 02:16:18 PM »
the reason for using cryptocurrency because it has become a hobby and also an opportunity and earn income in crypto its need a broad insight so that we need to love crypto before making crypto a field of work for us.
For someone who does not have basic coding, it is difficult to find a cryptocurrency job, there is indeed a job in cryptocurrency but it is very unlikely that you will be able to enter there, as if you know hundreds of thousands of people are active in cryptocurrency, and still a small proportion are making income by trading, or becoming developer, so in my opinion being a cryptocurrency enthusiast is good enough to help you invest in the right and potential coins.
I believe that it is not worth everyone to have even basic knowledge of coding, since no broker in the stock market knows the specifics and technology of natural gas or oil production, or how grain crops are grown, but at the same time can have the highest trading results in the market, AND also gets a good return on investment in this business. The situation is the same in the cryptocurrency market, where a person has the ability to trade, and can also freely navigate in choosing profitable investments and at the same time receive a fairly good income, and at the same time, without even having an understanding of the creation of a cryptocurrency.

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Re: Why do more and more people use cryptocurrency?
« Reply #89 on: December 04, 2020, 02:38:09 PM »
The anonymity that blockchain offered to every users is what attracts to anyone. Aside from this the chance of profit is an irresistible temptation.

 

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