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newb-dev
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January 22, 2018, 02:31:36 PM |
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For now is not necessary better. I mean the fees are smaller but it will be better after people start to recognize it. Not everyone recognize bitcoin
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Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
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unsquidly
Member
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Activity: 322
Merit: 10
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January 22, 2018, 03:02:54 PM |
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Western union charges high but they take responsibility even if something goes wrong and the money hasn't got credited, also technologically lacking people too can use bitcoin unlike our bitcoin.
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BountyX
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January 24, 2018, 12:58:45 AM |
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Fort sure it WAS better than Western Union, now with the outrageous fees that Bitcoin recently has, I am not so sure any more... Well, let's say that I'd still prefer Bitcoin over Western Union to transfer money, but I hope Bitcoin won't go further on the way of unusability, otherwise Western Union will end up winning this comparison.
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Chainblock
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January 24, 2018, 01:34:10 AM |
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Bitcoin is not so good as Western union and also it can't be cause of popularity and also western union trusted. Bitcoin is good for transactions but can't compete western union anyway.
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MerrickMaverick
Newbie
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Activity: 32
Merit: 0
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January 24, 2018, 01:41:54 AM |
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Between WU and Bitcoin, it is Bitcoin even when the fees were at their highest point. It's just such a massive ripoff, unbelievable.
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nhoj25
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Activity: 322
Merit: 10
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January 24, 2018, 01:47:13 AM |
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woah  this post was way back 2015 and it is good to see that most of these users are now high-ranked. Hero and Legendary going to the question, Western union or other similar services usually take 1–5% for a transfer of money while by Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry. so I think bitcoin transfer is better |
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lvincent
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January 24, 2018, 01:52:35 AM |
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Bitcoin pass western union is really surprising but i think since bitcoin start it has the potential to surpass WU, WU has a 3rd party in every transaction unlike bitcoin that it is a peer to peer transaction there is no 3rd parties in every transaction you make. But i don't think that it is this soon that bitcoin will surpass WU. But it's okay as long as bitcoin is doing good and we are profiting from it.  |
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Anti-Cen
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Activity: 210
Merit: 26
High fees = low BTC price
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January 24, 2018, 02:04:02 AM |
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Between WU and Bitcoin, it is Bitcoin even when the fees were at their highest point. It's just such a massive ripoff, unbelievable.
Yes WU you put money or gold in and you got money or gold out minus fees Here you put money in and you get tokens out so "massive ripoff, unbelievable" and that just for sending 250 bytes of electronic data and we know Bitcoin will always be around because today you can walk into any flower shop and still buy a Tulip |
Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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Anti-Cen
Member
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Activity: 210
Merit: 26
High fees = low BTC price
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January 24, 2018, 02:11:23 AM |
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woah this post was way back 2015 and it is good to see that most of these users are now high-ranked. Hero and Legendary going to the question, Western union or other similar services usually take 1–5% for a transfer of money while by Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry. so I think bitcoin transfer is better Holly shit batman I knew my computer had a virus when you said " Bitcoin the usual transaction fee is a couple of cents!"  The forkers have even taken over my calculator and here I was thinking that two weeks ago a single transaction fee just to send $10.00 to my mum had cost me $37.94 how stupid could I be, you saved my life so let me kiss you  |
Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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Geoll29
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Activity: 266
Merit: 10
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January 24, 2018, 02:35:13 AM |
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Bitcoin is really better than western union because you don't need to stand in queue just to to be serve by the attendant. We can do the transaction at the comfort of our home. So it is saving us time and we can attend to our other investments and chores.
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Photographer
Member
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Activity: 157
Merit: 10
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January 25, 2018, 02:22:52 AM |
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You cannot really compare Bitcoin with Western Union, they are too different, they basically have nothing in common except the possibility of transferring value. But Bitcoin has ended up BEING the value, Western Union just transfers value.
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Nylelyn
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Activity: 296
Merit: 13
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January 25, 2018, 11:46:42 AM |
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Bitcoin is a lot better than Western Union because of several reasons. Bitcoin does not require anymore a centralize system or a middleman to process everything because any transfer can be done direct or straight to the receiver as well as payments can be sent directly to the merchants anytime. It is time efficient and cost efficient also plus the fact that you are sending money from your hard work.
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johnlhy251
Newbie
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Activity: 98
Merit: 0
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January 25, 2018, 11:50:17 AM |
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That is true, i experience many transactions with WU, and it is super slow transaction, unlike the blockchain of bitcoin very fast.
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DoesNotExist
Newbie
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Activity: 21
Merit: 0
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January 25, 2018, 02:27:02 PM |
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woah this post was way back 2015 and it is good to see that most of these users are now high-ranked. Hero and Legendary going to the question, Western union or other similar services usually take 1–5% for a transfer of money while by Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry. so I think bitcoin transfer is better Probably it is better to check how much are current bitcoin fees. For a WU transfer of 1000EUR between an EU countries towards China or Canada is in the 2-3% area. If you send lower amount, the overall fee is in the 5-7% area Current fees on bitcoin transfer are higher than WU ones. Probably only for transfer over 5k € bitcoin costs less than WU |
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Godwans
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Activity: 140
Merit: 11
Heya Homies
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January 25, 2018, 02:32:10 PM |
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woah this post was way back 2015 and it is good to see that most of these users are now high-ranked. Hero and Legendary going to the question, Western union or other similar services usually take 1–5% for a transfer of money while by Bitcoin the usual transaction fee is a couple of cents and you can even pay less if you’re not in a hurry. so I think bitcoin transfer is better Who are you transferring btc with? "a couple of cents". You may get someone new to buy in with that story but, the txn fees are astronomical and you know it. |
This is my siggy
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ardyology
Full Member
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Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
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January 25, 2018, 02:55:19 PM |
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I'm not that familiar with how Western Union works but I'd like to give them both props for providing services which are easily available in the market. I love how Bitcoin is decentralized. However, it would be much better if Western Union will integrate the blockchain on its system and see from there how this fintech would improve their already good service.
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ridwan99
Member
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Activity: 350
Merit: 10
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January 25, 2018, 04:03:03 PM |
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i think it is good question.....bitcoin always above of all site it is my hope ........and many people knows bitcoin ........bitcoin is better than western union.............
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ooeygooeygold
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April 02, 2018, 09:51:15 PM |
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It is obviously that bitcoin surpassed the western union already. In fact, if you are going to check the charge for every transaction bitcoin was very low cost of charge while in western is vice versa. when it comes for security, it is very safe and secured because we are the one who hold our own private key and the password and many more.
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