Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Phebz on February 07, 2018, 04:37:01 AM



Title: Advantage of BITCOIN
Post by: Phebz on February 07, 2018, 04:37:01 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.


Title: Re: Advantage of BITCOIN
Post by: cryptogeek101 on February 07, 2018, 04:51:15 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

It also has the advantage of transaction speed, faster than the traditional third party transactions with less transaction cost. Example the traditional transfer talks minimum of 3 days while Bitcoin transactions happens in seconds. The most important advantage is that it uses distributed ledgers which eliminate fraud in the financial system. That's why you see all these calls for government regulations because their paradox boxes have been opened exposing their corrupt practices.


Title: Re: Advantage of BITCOIN
Post by: KevenDabid on February 07, 2018, 05:08:09 AM
BTC has indeed become a good tool for transferring assets between countries, so I think BTC is valuable.
But if the BTC wants to rise further, then we need to solve the problem of block congestion. I look forward to the arrival of thunder network.


Title: Re: Advantage of BITCOIN
Post by: Chanock on February 07, 2018, 05:22:21 AM
Bitcoin have many advantages like fast transaction speed in payment, sending asset,  and also less transaction fees. Another is bitcoin can used in transferring asset between two or more countries and also paying through bitcoins provide us utmost freedom. Bitcoins can be sent to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit. Bitcoin is decentralized and no one can control or manipulate. The next one is Bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.


Title: Re: Advantage of BITCOIN
Post by: Yusran on February 07, 2018, 05:45:43 AM
The following are some of the major advantages of using Bitcoin versus other currency systems:

No Third-Party Seizure
No Tracking
No Transaction Costs
No Risk of “Charge-backs”
Bitcoins Cannot be Stolen
Payment Freedom
Low/Minimal Fees
It’s fast
People can’t steal your payment information from merchants
Non-Inflationary

Bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.

Though it has major disadvantages.In brief "Possible Government Interference"


Title: Re: Advantage of BITCOIN
Post by: EMV on February 07, 2018, 05:52:38 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
The commissions practically do not depend on the transferred sum or on a location sending and host. Often transactions are free. The commission is required only when forming technically large transactions which load network, or very small sums to avoid attack to network by spam a huge number of senseless transactions. The translations between accounts on average occupy 3-5 working days banks, and maybe it is more if it is the foreign translations. In cryptocurrencies of transaction are instant. However during the work with the large sums it is recommended to wait several confirmations of transaction by network, usually it takes no more than an hour.


Title: Re: Advantage of BITCOIN
Post by: gizmodo1987 on February 07, 2018, 06:13:15 AM
Bitcoin offers many advantages over traditional banks. It allows sending payments internationally without concern for currency conversion, it allows transaction confirmation within 10 minutes typically, and transactions cannot be reversed once made. This side can be seen as a positive or negative.


Title: Re: Advantage of BITCOIN
Post by: slaman29 on February 07, 2018, 06:19:34 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Quite wrong. Bitcoin may have aspects of privacy, but this has been shown and proven to not necessarily equate anonymous. For example, just using simple diagnostics and tracking, you can already associate certain addresses with online services such as casinos and exchanges. Or, if you use an address in a signature campaign, then Google already has a record of it being your address, and anyone can look it up.

The use of Bitcoin for illegal trade and identity hiding is misinformed. In fact, if you look up the huge takedowns of illegal online marketplaces like Silk Road and Alphabay, all the arrests were made possible after investigations traced back Bitcoin use to the traders. It was specifically the use of Bitcoin which made transactions traceable - they are transparently viewable on public blockchains. They cannot be tampered with. They cannot be erased.


Title: Re: Advantage of BITCOIN
Post by: louie69 on February 07, 2018, 06:22:47 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
The commissions practically do not depend on the transferred sum or on a location sending and host. Often transactions are free. The commission is required only when forming technically large transactions which load network, or very small sums to avoid attack to network by spam a huge number of senseless transactions. The translations between accounts on average occupy 3-5 working days banks, and maybe it is more if it is the foreign translations. In cryptocurrencies of transaction are instant. However during the work with the large sums it is recommended to wait several confirmations of transaction by network, usually it takes no more than an hour.

There are actually lots of advantages with BTC, one advantage is the low transaction that can be anonymous and private. It can do money transfer transaction within ten minutes and it holds personal data more securely because of the design which is decentralized in nature. Bitcoin transactions are considered secured, irreversible and does not comprise personal information to protect merchants from loss due to deceitful charge backs.


Title: Re: Advantage of BITCOIN
Post by: kojoannan on February 07, 2018, 06:31:51 AM
Not only the remittance aspect of it that makes bitcoin a great advantage but also the store of value of bitcoins that can be use as a form of investment is the major reason why it is important to keep bitcoins as part of your portfolio.


Title: Re: Advantage of BITCOIN
Post by: FiveReelsOne on February 07, 2018, 06:33:26 AM
Well bitcoin clearly speaks of how vast is its anvantage feom any other coin. The fact that it is the number one in the cryptomarket and mother of all coins speaks for itself that its value has risen because of the many advantages it has. No question that bitcoin is one thats best foe transactions big or small.


Title: Re: Advantage of BITCOIN
Post by: ac2eugenio on February 07, 2018, 06:35:07 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Yes surely it is one of the advantage of bitcoin's transaction,plus you can enjoy a less transaction fee compare to a bank to bank transaction,if you are into bitcoins you should know the pros and cons of this currency so you can maximize its use.Decentralization and the anonimity to transact in every places in the world is surely a good thing to have,this is why i invested in bitcoin 2years ago.


Title: Re: Advantage of BITCOIN
Post by: Vit83 on February 07, 2018, 08:09:31 AM
For me bitcoin main purpose is that you can use it everywhere in cryptoworld. It like dollar in fiat currencies. It will grow with all crypto world.


Title: Re: Advantage of BITCOIN
Post by: h0lybyte on February 07, 2018, 08:40:47 AM
There are many more advantages of bitcoin which obviously doesn't exist in fiat currency or any other world asset.
Some people like its anonymity and some prefer it because of its security but i would say that bitcoin is an ultimate blend of special requirements.
For me, bitcoin is a coin that i solely use in my regular life to make transfer process faster to different fields of the world


Title: Re: Advantage of BITCOIN
Post by: Ebenezer559 on February 07, 2018, 08:43:54 AM
It makes life easier and connect people without boundaries. It makes transactions of money easier and secure


Title: Re: Advantage of BITCOIN
Post by: LUCKY21 on February 07, 2018, 08:46:49 AM
So we exclude such a link as banks. With their draconian commissions and conditions. You can transfer money anywhere in the world and at the same time not depend on anyone.


Title: Re: Advantage of BITCOIN
Post by: lili song on February 07, 2018, 09:19:51 AM
Many advantage from bitcoin to me and other people. Bitcoin can help me pay some bills, give extra more money to my family, etc.
For some country can help unemployment people, I think bitcoin have many advantage beside investment. Bitcoin also can use for payment transactions for make it easy and faster.


Title: Re: Advantage of BITCOIN
Post by: dyline on February 07, 2018, 09:23:49 AM
It can be used anywhere in the world.No need bank account,ATM card, credit card, ID proof. Only need to interesting. Speed transactions, easy money transactions to worldwide.no fee's paid to any bank's.


Title: Re: Advantage of BITCOIN
Post by: Andrey123 on February 07, 2018, 09:26:56 AM
But there is an important point, bitcoin can collapse at any point in time and all its pluses will disappear)

And if someone wants to spoil life, Mempul can be jammed with transactions, and no speed is out of the question.
And too large a database of transactions for a local wallet.
And the fact that all the other coins depend on the price of bitcoin ... this is depressing (


Title: Re: Advantage of BITCOIN
Post by: tandex on February 07, 2018, 09:30:42 PM
Below are some of the advantages of bitcoin:
1.  Irreversible Transactions
2.  No Paperwork
3.  Appreciating value
4.  Quick and cheap transactions
5.  Control and security
6.  Information is transparent


Title: Re: Advantage of BITCOIN
Post by: GeorgeEden on February 07, 2018, 09:32:52 PM
This is the world we were awaiting and we have to support it no matter what its goin on from now on . Yeah its the best network this block chain is game changing . Just stay faithfull.


Title: Re: Advantage of BITCOIN
Post by: Fantina on February 08, 2018, 04:56:54 AM
DB has become a word of commonplace as xerox or jeep, it is the first and it is very much tied above all all all exchanges and cancellations , people who do not understand what this market except the word bitcoin heard nothing, so will take or talk about it I'm still saying will take


Title: Re: Advantage of BITCOIN
Post by: lero34 on February 27, 2018, 07:54:18 PM
The only advantage of bitcoin is that it appeared first. All other coins are more technological and popular. I believe that the future is for them. We know similar examples.


Title: Re: Advantage of BITCOIN
Post by: DrewXland on February 27, 2018, 07:57:52 PM
Advantages of Bitcoin include: first mover status, store of value and don't forget they have a talented pool of developers. If crypto is to succeed, and then so too will Bitcoin. Will it always be the biggest crypto? Who knows, but it has a good chance.


Title: Re: Advantage of BITCOIN
Post by: Santachigo on February 28, 2018, 06:37:55 AM
Bitcoin has a lot of advantages. Bitcoin is not traded through any bank or financial intermediary. Bitcoin does not charge any fees or charges very low, with high security. People using Bitcoin can take complete control of their transactions, every transaction is in their database. This is also the transparency of bitcoin.


Title: Re: Advantage of BITCOIN
Post by: akihiro101117 on February 28, 2018, 06:48:11 AM
It makes life easier and connect people without boundaries.

Your answer was simple and direct to the point. I like the way you say it. Because bitcoin helped us to become more convenient. I hope other people will also think the advantages of using bitcoin. ;)


Title: Re: Advantage of BITCOIN
Post by: r.bhalla07 on February 28, 2018, 07:30:53 AM
This is a very good point because I think bitcoin is only coin which rises day by day and give more profit to the customers.


Title: Re: Advantage of BITCOIN
Post by: dizzy1996 on February 28, 2018, 07:56:27 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Hello, you can add a lot to your words, since Bitcoin is a promising coin with many advantages, such as ensuring security and transparency, and also many security systems for various projects are present on the basis of bitcoin, which gives one more bitoin plus, as the software is constantly upgraded


Title: Re: Advantage of BITCOIN
Post by: lvincent on February 28, 2018, 08:04:36 AM
Well you're right and for me the most interesting part is that bitcoins transaction can keep their anonymity with their fast transaction without any third parties, it's just incredible that bitcoin is created with so much potential let's just hope that no one will abused bitcoin.


Title: Re: Advantage of BITCOIN
Post by: feelideb on February 28, 2018, 08:08:19 AM
Bitcoin literally make both local and international trade settlement possible cutting out the bureaucracy and the corruption that may arise as a result of big fund been transacted. Security wise also, there is incomparable ability of bitcoin to be safe and accounted for.


Title: Re: Advantage of BITCOIN
Post by: DrewXland on March 05, 2018, 08:54:35 PM
Bitcoin literally make both local and international trade settlement possible cutting out the bureaucracy and the corruption that may arise as a result of big fund been transacted. Security wise also, there is incomparable ability of bitcoin to be safe and accounted for.

Indeed, plus its fast. There's a misconception that Bitcoin is slow, but in reality it's quicker than Visa already with the lightning network. Visa has to be processed in the background and is not in itself instantaneous. Bitcoin has many uses, but its still in it's infancy and has some way to go.


Title: Re: Advantage of BITCOIN
Post by: elzyo8 on March 05, 2018, 09:03:48 PM
almost all advantages spoken here do not belong to bitcoin, they belong to blockchain technology
bitcoin stand for an asset, and you can name advantages of an asset, but do not involve tech in here
and bitcoin is not anonymous, bitcoin can be traced!


Title: Re: Advantage of BITCOIN
Post by: kinki32 on March 05, 2018, 09:11:13 PM
It's myth about  bitcoin the anonymous system because all of transaction is visible. Real advantage in bitcoin is strong blockchain with really decentralized mining.


Title: Re: Advantage of BITCOIN
Post by: Mantisa83 on March 05, 2018, 09:13:52 PM
The drop in transaction volume has interpreted by some analysts as indicating a bearish outlook for the BTC markets.


Title: Re: Advantage of BITCOIN
Post by: Mantisa83 on March 05, 2018, 09:23:16 PM
Although at low volume, price will be moved more easily, and pretty much all of the sellers have been shaken out. So it's a set up for a bull, not a bear.


Title: Re: Advantage of BITCOIN
Post by: elzyo8 on March 05, 2018, 09:34:38 PM
Although at low volume, price will be moved more easily, and pretty much all of the sellers have been shaken out. So it's a set up for a bull, not a bear.

I hope there will be buyers)


Title: Re: Advantage of BITCOIN
Post by: dedet on March 05, 2018, 09:37:57 PM
There are many advantages provided by bitcoin .. and for the exchange is widely available .. and it all depends from that person also if he wants to work hard then it will get many results from bitcoin.


Title: Re: Advantage of BITCOIN
Post by: rachman mahesa on March 05, 2018, 09:40:21 PM
The advantages of Bitcoin are certainly numerous. You can trade or shop with Bitcoin but it's in a certain place that uses bitcoin. Another example we can take is the advantage of bitcoin by investing long-term in Bitcoin of course that is a nice advantage. Because we can see Bitcoin is a very good prospect for the future.


Title: Re: Advantage of BITCOIN
Post by: Darkstare on March 05, 2018, 09:41:37 PM
The main advantage, which has traditional payment mechanisms running scared, is the ability to transfer Bitcoins, Litecoins or Dogecoins for almost free. If you pay by cheque or by debit or credit card, there are often fees, which over time can add up significantly.


Title: Re: Advantage of BITCOIN
Post by: ModaFuka1994 on March 05, 2018, 09:49:07 PM
Bitcoin was born as a revolution in sending and receiving money. With Bitcoin and cryptocurrencies, we will not have to pay a high fee or wait too long to send money from one country to another. Secondly, dealing with the Internet with cryptos will be faster and more convenient than fiat currencies. Transactions made with cryptos will be completely confidential, without fear of disclosure of personal information.`


Title: Re: Advantage of BITCOIN
Post by: efeyigit399 on March 08, 2018, 06:58:03 AM

the crypto money world has become very popular nowadays. everything is in a very variable market. so the most sensible investment is again btc. Btc is good to follow.


Title: Re: Advantage of BITCOIN
Post by: DrewXland on March 15, 2018, 06:36:06 PM
Bitcoin will always be King as it has first market mover status and so is the most well know and popular. I always use my alt gains to accrue more Bitcoin. I've been doing this since 2014 and has worked well.


Title: Re: Advantage of BITCOIN
Post by: krisjoygallatiera on April 10, 2018, 08:25:21 AM
There is quite a lot of advantage in using bitcoin. Besides the speed of transactions, I tilt more for criterion benefit of money or to make benefit to reside with this exchange rate. Bitcoins can give you a fairly high return on investment, if you get the right gear to earn more coins.


Title: Re: Advantage of BITCOIN
Post by: jose111 on April 10, 2018, 09:06:50 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

It's really give to us a convenience in any transaction that we make and it is true that this can be the way of doing some illegal transaction without knowing by the third party. It is really includes negative and positive effects to us. But doing insensitive thing is depends on us. Let just using it in the right thing so we can be much benefited to this.   


Title: Re: Advantage of BITCOIN
Post by: djscreem01 on April 11, 2018, 10:14:55 AM
BTC owns a serious advantage for being an anonymous unit. it can be said that it is the most well-known because it is from the first one. transfere between countries. it is the advantage of these reasons.  ::)


Title: Re: Advantage of BITCOIN
Post by: SunJAB on April 11, 2018, 10:17:38 AM
Yes, if BTC is applied in daily life, the BTC has many benefits for us. We can do BTC conversion quickly, without much time, but still a lot of risk from the hackers. BTC has two sides.


Title: Re: Advantage of BITCOIN
Post by: Restmand on April 11, 2018, 10:20:57 AM
BTC owns a serious advantage for being an anonymous unit. it can be said that it is the most well-known because it is from the first one. transfere between countries. it is the advantage of these reasons.  ::)
Bitcoin have many advantage in many things. It can be advantage of the anonymous because the bitcoin have not traceable and it is decentralize ilalso it is for faster transaction so you can be easier to make negotiations. Also, it can make you an big profit if you want to earn. Becayse this is one of the advantage of the bitcoin too.


Title: Re: Advantage of BITCOIN
Post by: paykal5 on April 11, 2018, 10:42:41 AM
Advantage of bitcoin:-
Anonymous and private.
Payment freedom.
Low/Minimal fees.
It's fast.
Central government can't take it away.
People can't steal your payment information from merchants.
No third-party interruptions.
Mobile payments.
Prices are always going up.


Title: Re: Advantage of BITCOIN
Post by: lider1971 on April 11, 2018, 05:57:21 PM
BTC itself shows in the first place that there are alternative systems that can change the banking sector and make people completely independent. That's cool.            


Title: Re: Advantage of BITCOIN
Post by: ritiktakyan01 on April 11, 2018, 06:40:48 PM
There are many advantages of Bitcoin People are getting income from Bitcoin, job opportunities are being provided and the quality of life of people is improving, people are getting the knowledge of technology. The biggest advantage is the cashless fear environment.


Title: Re: Advantage of BITCOIN
Post by: i40u on April 12, 2018, 11:59:35 AM
Bitcoin changed the concept of money transfer, decentralization shows that the system can work autonomously and without supervisory organs. It is a model of the financial system of the future.


Title: Re: Advantage of BITCOIN
Post by: stanforders on April 13, 2018, 12:08:43 PM
The status of bitcoin is its emergence, which realizes completely anonymous coins, and no one can get your personal information through some simple channels. This is a good way to deal with some inconvenient people.


Title: Re: Advantage of BITCOIN
Post by: rickadone on April 15, 2018, 10:07:21 AM
There are many advantages of Bitcoin People are getting income from Bitcoin, job opportunities are being provided and the quality of life of people is improving, people are getting the knowledge of technology. The biggest advantage is the cashless fear environment.
That is even an advantage I am sure a lot of the community within the freelance world and in the bitcointalk community has really derived from bitcoin and blockchain technology. The fact that a lot of people have been able to help themselves in a little way they can, hold on to what they have earned and over time are able to utilize what they have to build their dream as a cryptocurrency investor is just so awesome.

After all, that is just by the way I remember, those days when people can hardly get paid for doing freelance gigs online, but with bitcoin, a whole lot has really changed in getting paid and doing transactions all over the world.


Title: Re: Advantage of BITCOIN
Post by: hetecon on April 15, 2018, 10:42:58 AM
In fact, now there are not many advantages of Bitcoin in comparison with some altcoins, except for the price of course) I think it will pump this summer.


Title: Re: Advantage of BITCOIN
Post by: raven7886 on April 15, 2018, 06:04:34 PM
Bitcoin changed the concept of money transfer, decentralization shows that the system can work autonomously and without supervisory organs. It is a model of the financial system of the future.
The idea of money transfer is one thing that blockchain technology has brought with bitcoin being in the main front of it all. What led me to start using bitcoin was all in need to transfer without the banks involved and it was like a dream come true. Being into importation business, it has really helped so much in paying merchants all over the world and luckily for me, they are all bitcoin enthusiasts because it was even through one of them I got into this space today. This is the great benefit that bitcoin has brought.


Title: Re: Advantage of BITCOIN
Post by: DrewXland on April 15, 2018, 06:09:40 PM
Bitcoin changed the concept of money transfer, decentralization shows that the system can work autonomously and without supervisory organs. It is a model of the financial system of the future.
The idea of money transfer is one thing that blockchain technology has brought with bitcoin being in the main front of it all. What led me to start using bitcoin was all in need to transfer without the banks involved and it was like a dream come true. Being into importation business, it has really helped so much in paying merchants all over the world and luckily for me, they are all bitcoin enthusiasts because it was even through one of them I got into this space today. This is the great benefit that bitcoin has brought.

It's a great shift away from the centralised model of wealth transfer. Now that banks and nation states can be cut out their is a lot of negative pressure against Bitcoin as it's success is a direct threat to the establishment. This is why the growth of Bitcoin will be painful, but as most of us believe, it will eventually be the norm in society and not the niche.


Title: Re: Advantage of BITCOIN
Post by: ricardobs on April 16, 2018, 04:04:35 AM
BTC owns a serious advantage for being an anonymous unit. it can be said that it is the most well-known because it is from the first one. transfere between countries. it is the advantage of these reasons.  ::)
Bitcoin is not fully anonymous and that is the reason why it is referred to as pseudo anonymous.

Just thought I should point that out in case you do not know. Bitcoin has major advantage over altcoins in the sense that it is more established, it is in spot light and it is basically the legacy coin with every other coin just tagging along and who does not prefer holding the boss anyway ?

Asides this, as a currency and an investment one can trust so far, I believe bitcoin stands a better chance.


Title: Re: Advantage of BITCOIN
Post by: smhome354 on April 16, 2018, 04:14:28 AM
The main advantage of bitcoin is that it is very fast compared to other parameters of online transactions. One great characteristic of bitcoin is we can earn from it. It is true that it can be use by other people using their illegal trades but this doesnt mean that bitcoin is bad.


Title: Re: Advantage of BITCOIN
Post by: Felimon on April 16, 2018, 04:21:36 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Monero have better anonymous transactions, better than bitcoin. Eth have fast transaction confirmation than bitcoin. And lots more coins have better things than bitcoin, so the only advantage of bitcoin is the first crypto currency people know about.  :D


Title: Re: Advantage of BITCOIN
Post by: DrewXland on April 16, 2018, 09:37:56 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Monero have better anonymous transactions, better than bitcoin. Eth have fast transaction confirmation than bitcoin. And lots more coins have better things than bitcoin, so the only advantage of bitcoin is the first crypto currency people know about.  :D

This first mover advantage is massive and means that btc
Will always be a the prime crypto. With the lightening network
Btc can be super fast, and with the massive community it
Really could do everything that other Crypto’s can do and better.
But as discussed as it has first mover status it doesn’t really need to.


Title: Re: Advantage of BITCOIN
Post by: americii241 on April 16, 2018, 10:54:43 PM
Bitcoin is a father of cryptocurrency!
It's the most stable, the trasactions are fast, commission are low and other technological advantages


Title: Re: Advantage of BITCOIN
Post by: Whosdaddy on April 17, 2018, 04:24:00 AM
Yes, if BTC is applied in daily life, the BTC has many benefits for us. We can do BTC conversion quickly, without much time, but still a lot of risk from the hackers. BTC has two sides.
A whole lot of benefit that we have not even seen yet as far as I am concerned. Are we to talk about the way it has ease the level of transaction globally among peers and users, or the idea of decentralization that has removed us from the bondage of the banks and the fact that you can save your funds without the need of doing that with a third party. All this makes it very enticing and appealing. It would even get better once bitcoin becomes usable as a currency when we hit the mainstream.

It's the most stable, the trasactions are fast, commission are low and other technological advantages
Most stable in the sense of entire system like free from hacking and no-shut down problem and I believe you did not mean the prices. Transactions are instant but first confirmation may take up to ~10 minutes. Fees are now a days slashed down due to segwit implementation. I must agree with other innovations bitcoin has brought into human race. There are many, but definitely those are the real advantages of bitcoins.


Title: Re: Advantage of BITCOIN
Post by: vladaziya1 on April 17, 2018, 07:43:40 AM
This is a black market, it is always unpredictable, so you need to stick to it, because it is dangerous for the general market. Always think about it.


Title: Re: Advantage of BITCOIN
Post by: BitcoinTurk on April 17, 2018, 07:47:23 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

There are many advantages of using bitcoin when compared to the use of cash. The reasons such as being able to perform transactions with anonymous identity, not having any brokerage house, fast execution of transactions and low commission can be listed. As an example, I made a payment of 500 USD yesterday using Bitcoin. With just 0.26 USD miners' commission, the payout reached the opposite side in as little as 15 minutes. If we had used 2 different banks, it would have to wait at least 3 working days. (Banking transactions are slow in my country.)


Title: Re: Advantage of BITCOIN
Post by: clavirda on April 17, 2018, 03:09:10 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Personally, bitcoin has important advantages for me. Including relative stability, high transaction speed, lower cost of transfers. In this case, transactions are completely anonymous, unlike banking transactions.


Title: Re: Advantage of BITCOIN
Post by: btccoffee on April 17, 2018, 03:14:19 PM
There are so many big advantage in crypto currency specialy in faster transactions and safe anywhere in the world also you can send no limit to anyone anywhere in the world as long as there is enternet. And the biggest disadvantage in crypto currency is offline transaction since crypto currency need internet connections unlike fiat money that you can easily transact offline.


Title: Re: Advantage of BITCOIN
Post by: vike on April 18, 2018, 07:04:24 AM
The technology that bitcoin uses has many mistakes and is not the best, but the main advantage is that it is entrenched in the 1st place of the crypto currency market and many people invest in it which increases the supply and demand  8)


Title: Re: Advantage of BITCOIN
Post by: Nyo hai on April 18, 2018, 07:15:12 AM
Very many advantages because bitcoin is global but very keep secret all people


Title: Re: Advantage of BITCOIN
Post by: leynylaine on April 18, 2018, 07:18:49 AM
Bitcoin is essential to all of the users worldwide since it's been put into good use such as fair transactions has stable market however it still depends on the number of investors and the amount of supplies bought by the people to increase or decrease the value of it.


Title: Re: Advantage of BITCOIN
Post by: AdamSv on April 18, 2018, 10:55:26 AM
Bitcoin is a father of cryptocurrency!
It's the most stable, the trasactions are fast, commission are low and other technological advantages
Commission it is not the lowest, the speed is also not the highest. He has only one plus, the fact that he is truly decentralized. The rest of the currency somehow, Yes is controlled, and bitcoin is already completely Autonomous.


Title: Re: Advantage of BITCOIN
Post by: badykvik on April 18, 2018, 03:42:37 PM
One of the pros of bitcoins is that it is fully secured and there is no chance of any identity theft because it does not reveal who is paying the money and who is the beneficiary besides due to the absence of any central bank individual has full control over his or her money.


Title: Re: Advantage of BITCOIN
Post by: Dpat on April 18, 2018, 03:45:06 PM
There are many advantages of Bitcoin. First of all it is anonymous in nature and it's transactions. Due to decentralized technology truly it is the currency of people and peoples are creating this and transacting this. But, nobody destroy it.


Title: Re: Advantage of BITCOIN
Post by: cabin on April 18, 2018, 03:50:27 PM
Another merit of Bitcoin is that there is very fewer fees and transactions cost as compared to another medium of transfer of currency, so for example if one wants to send $1000 from the USA to the UK than transaction cost and fees will be between three to ten percent of transaction whereas in case of Bitcoin it is less than 1 percent of the transaction value making it a cost effective option.


Title: Re: Advantage of BITCOIN
Post by: JCLee on April 18, 2018, 03:53:25 PM
Create one more topic to ask about advantage of Bitcoin is no needed cause there are a lot of the same topic created before in Bitcoin Disscussion section, you should find them in this section. Beside this is Altcoin Disscussion section so your topic is being in the wrong place so I think you should move this topic to Bitcoin Disscussion section where it should be.


Title: Re: Advantage of BITCOIN
Post by: carlisle1 on April 18, 2018, 03:53:45 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
you have almost praised bitcoin at first,but you kick back in the end..anonymity of bitcoin only keep safe the identity but not the transactions because it can be revealed at any time..and you right this can be use to buy illegal goods,but fiats can do the sa,so whats the difference?


Title: Re: Advantage of BITCOIN
Post by: gaguktnu on April 18, 2018, 03:56:48 PM
The biggest advantage of bitcoin is its trust. Its distributed account can remove middlemen in economic behavior and greatly facilitate communication and cooperation among people.


Title: Re: Advantage of BITCOIN
Post by: juragankambing on April 18, 2018, 03:57:39 PM
Bitcoin is also one of the most profitable investments because bitcoin has the potential to gain 1000x more or more,


Title: Re: Advantage of BITCOIN
Post by: imanasshole on April 20, 2018, 02:44:17 AM
Transactional convenience: Any transaction has a limit on the transfer and receive money, but for bitcoin there is no limit. You can send unlimited number of bitcoins to your friends. No matter where they are in the world they will also receive. You can also send at any time no one can manage the amount you send.


Title: Re: Advantage of BITCOIN
Post by: ichi ocha on April 20, 2018, 03:20:29 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

 Many people who use bitcoin just to get Bitcoin benefits can be sent to anyone anywhere in the world. Moreover, bitcoin offers many advantages by following promising projects because bitcoin has blockchain technology



Title: Re: Advantage of BITCOIN
Post by: ishirut009 on April 20, 2018, 03:33:58 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Yup. The advantage of cryptocurrency is, it is anonymous, decentralized, intangible and can do peer-to-peer whenever and wherever you are. That's it. And for the buying and selling of illegal goods and services. I don't think we can be able to solve that, because no one can really solve that. Even dollar or any form of payment can be use with illegal activities. Its the people not the payment form itself.


Title: Re: Advantage of BITCOIN
Post by: samantha89 on April 20, 2018, 03:41:37 AM
Bitcoin is the world's first crypto currency. and certainly a lot of advantages of bitcoin. among others are
Decentralization - nobody is in control of your money, but you.
Transparency - every transaction is transparent, you can see it in the ledger
Easy Moves - You can transfer anytime, anywhere in the world, without any amount limit
Traveling the money - safe and easy to use on the go, no need to swap with different fiat currencies and there is no limit on the amount you can carry.


Title: Re: Advantage of BITCOIN
Post by: Ronni on April 20, 2018, 03:45:34 AM
In bitcoin, you can transact easily and more convenient, the fees you need to pay are just low and the transaction is really fast. Also, your identity is while transacting, you will just need to give your bitcoin address and then the payment will be given to you.  In any case, nobody quickly observes who is trading with whom. This additional layer of security is useful.


Title: Re: Advantage of BITCOIN
Post by: PERtua on April 20, 2018, 06:45:28 AM
In bitcoin, you can transact easily and more convenient, the fees you need to pay are just low and the transaction is really fast. Also, your identity is while transacting, you will just need to give your bitcoin address and then the payment will be given to you.  In any case, nobody quickly observes who is trading with whom. This additional layer of security is useful.

Yes, correct! In bitcoin, the transaction of payment is really fast and it will not give you so much time in processing any payment through technology by then many would be interested in this process that's why many of them actually investing through BTC.


Title: Re: Advantage of BITCOIN
Post by: Dirk2017 on April 20, 2018, 06:57:09 AM
In bitcoin, you can transact easily and more convenient, the fees you need to pay are just low and the transaction is really fast. Also, your identity is while transacting, you will just need to give your bitcoin address and then the payment will be given to you.  In any case, nobody quickly observes who is trading with whom. This additional layer of security is useful.

There are some advantages and disadvantages here on bitcoin, first the advantages of bitcoin is the price is not stable, if you buy at low cost or on low price and hold it for a moment, as what i've said price is not stable it will rise or fall, and if you're lucky. If it will rise sell your btc to earn profit, but the advantage of it you'll need to it for a couple of months or years, you can earn profit but not fast.


Title: Re: Advantage of BITCOIN
Post by: kidilito2 on April 20, 2018, 07:56:27 AM
Bitcoin advantage is that all coins value depend on it. Because it is the father of all altcoins. If the value of bitcoin goes done also other coins value decrease. It is also use for payment when you buy online gadgets and everything.


Title: Re: Advantage of BITCOIN
Post by: davida on April 20, 2018, 11:26:28 AM
Bitcoin has a lot of advantages which includes fast transaction speed, Bitcoin is not tractable. Bitcoin is decentralized in such a way that no one has control or manipulate it.


Title: Re: Advantage of BITCOIN
Post by: MakeMoneyBtc on April 20, 2018, 11:47:15 AM
Yes, bitcoin biggest advantage is that transactions are 100% anonymous, no one can control them that means no one can cancel or approve a transaction. People dont have to show any identity card, email, or other information that could be stolen.
Regarding to people using bitcoin for buying illegal things on the internet. Bitcoin helps them only if they buy things online, I mean if they buy things that need to be delivered their identity will be revealed.


Title: Re: Advantage of BITCOIN
Post by: DonTsTop on April 20, 2018, 11:47:24 AM
Bitcoin has a less transaction fees as compared to a bank to bank transactions. It also makes transactions easier and secure.


Title: Re: Advantage of BITCOIN
Post by: jaicos88 on April 20, 2018, 11:50:36 AM
for us the benefits of bitcoin is huge for us, because we are investing in bitcoin with more ease we earn more income. so for me bitcoin is also profitable in the future with lots of revenue.


Title: Re: Advantage of BITCOIN
Post by: xIIImaL on April 20, 2018, 11:51:21 AM
Bitcoin has a less transaction fees as compared to a bank to bank transactions. It also makes transactions easier and secure.

Fees is just a bit if you say about the potential about bitcoin. Most of the people coming to use the bitcoin for anonymous transaction mate. If you want to donate or help some one without sharing your information means this one is best option for that.
Even bitcoin can used to vanish the corruption. This is the issue many countries. If crypto currency payment has been made as legal and only one crypto public address has been provided to one firm means. Then there is no need of account for that department and it will be able to moniter easily and cannot able to do the scam too mate.


Title: Re: Advantage of BITCOIN
Post by: Market-desi on April 20, 2018, 11:59:14 AM
the profit I get from my trading investment. I collect and I save a bitcon gan. then I take for my daily needs. and Since I know the bitcoin world my economic life has become more stable. and there's still a lot I do with my bitcoin. plan i want to buy a car.


Title: Re: Advantage of BITCOIN
Post by: danielnamit on April 20, 2018, 01:12:06 PM
Although bitcoin is not a fiat money, and it is not legal here, a bitcoin can change one's live in terms of we can earn big on it, bitcoin can use to exchange in country's money and use for daily expenses like utilities and leisure.


Title: Re: Advantage of BITCOIN
Post by: Orrechorre on April 20, 2018, 01:26:34 PM
Fees to be paid for dealing with bitcoins are significantly lower than bank charges. In some cases, no fees are required at all. Saving money is not the last reason in favour of cryptocurrency amid the global financial crisis. However, If you want to send bitcoins somewhere or to receive them, neither location nor time matters any more. Since no intermediates are involved, you are absolutely free to send electronic cash at any moment and any place. Independence and freedom are the key characteristics of Bitcoin system.


Title: Re: Advantage of BITCOIN
Post by: SHawk on April 20, 2018, 02:22:22 PM
The bitcoin transactions are done over an encrypted network and all the data is encrypted before it is being sent on the network. The encryption promises secure transfer without the concerns about hacking or data leak.


Title: Re: Advantage of BITCOIN
Post by: Superturacoin on April 20, 2018, 05:13:06 PM
Although bitcoin is not a fiat money, and it is not legal here, a bitcoin can change one's live in terms of we can earn big on it, bitcoin can use to exchange in country's money and use for daily expenses like utilities and leisure.
Easy to use in terms of transaction and we can get good moneys without any amount to invest, The investment method has an advantage to gain good moneys because thr fluctuations regulates immediately.


Title: Re: Advantage of BITCOIN
Post by: chenjkai on April 21, 2018, 03:17:52 PM
Bitcoin is the leader among the crypto currency and most people invest because they believe that the coin will grow in price, whereas a lot of altcoins simply disappear from the market..


Title: Re: Advantage of BITCOIN
Post by: dimastegar on April 21, 2018, 03:32:32 PM
Not just Bitcoin. Altcoin is also so. Maybe this is the advantage that can be utilized by people who are not responsible. Money laundering and illegal transactions can be done through a crypto currency. And we should avoid the act.


Title: Re: Advantage of BITCOIN
Post by: Ewox on April 21, 2018, 03:57:07 PM
True, this is one of the best feature bitcoin has to offer although there are some people who would take advantage of this feature and would use it in a bad way. Buying illegal stuffs using bitcoin or other cryptocurrencies which are anonymous and untraceable. It is like an advantage but at the same time a disadvantage too.


Title: Re: Advantage of BITCOIN
Post by: spadormie on April 21, 2018, 04:01:09 PM
It also has the advantage of the payment. It looks so good when people are into bitcoin. I mean, there were a lot of people who doesn't want bitcoin in their lives. For they don't know that bitcoin might help them in every aspect as possible as long as it is inclined in bitcoin.


Title: Re: Advantage of BITCOIN
Post by: D3m1r4wanti on April 21, 2018, 04:04:21 PM
one of the advantages of bitcoin is decentralized with blockchain technology. this allows all transactions to be transparent and clearly visible and for traders it would be a very good advantage if they trade bitcoin


Title: Re: Advantage of BITCOIN
Post by: fileo on April 21, 2018, 04:07:45 PM
One thing I know about bitcoin advantage and that is smiling in the wallet. I mean the point of availing bitcoin is not just to store in the wallet forever. Everyone that avail btc one reason is not for the lost but for income, profit, preparation for the future. Smiling in the wallet seems good things will happen financially by getting bitcoin in the past, now and tomorrow.


Title: Re: Advantage of BITCOIN
Post by: ramayjen on April 21, 2018, 04:11:41 PM
Advantages of Bitcoin as follow:

1. No paperwork
2. Irreversible Transaction
3. Quick and Cheap Transaction
4. Appreciating Value
5. User Anonymity
6. Mobile Payments

Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and risks. That said, Bitcoin appears to offer some unique possibilities.


Title: Re: Advantage of BITCOIN
Post by: batang_bitcoin on April 21, 2018, 04:14:46 PM
Not just Bitcoin. Altcoin is also so. Maybe this is the advantage that can be utilized by people who are not responsible. Money laundering and illegal transactions can be done through a crypto currency. And we should avoid the act.
There are other altcoins that are better with this transactions and that's why they are called privacy coins. I'm forgetting this thing as fiat money is also being used this way. We can talk about the advantage of bitcoin through transferring it quickly worldwide with a lesser fees. Bitcoin having its own advantage as the starter of cryptocurrency will be the first coin to be adopted worldwide and to have countries that will support it's usage to its citizens.


Title: Re: Advantage of BITCOIN
Post by: ciara123 on April 21, 2018, 05:22:06 PM
Ensure security and confidentiality. Every bitcoin transaction can be done and completed without any personal information. Moreover, transaction information is still kept, but your identity is kept private. This is one of the outstanding advantages that you get when investing in the field of virtual money.


Title: Re: Advantage of BITCOIN
Post by: Anatole Thompson on April 22, 2018, 03:53:28 AM
Bitcoin can not be faked. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.


Title: Re: Advantage of BITCOIN
Post by: Conal Garcia on April 22, 2018, 04:01:47 AM
The cost is extremely low. There are no intermediaries involved in the field of virtual currency investing. However, you still have to pay the transaction fee, but it is not worth it.


Title: Re: Advantage of BITCOIN
Post by: Balab01 on April 22, 2018, 08:12:22 AM
Bitcoin is much more reliable than some popular altcoins, and now especially, so it's definitely worth investing.


Title: Re: Advantage of BITCOIN
Post by: DrewXland on April 22, 2018, 04:30:02 PM
Bitcoin is much more reliable than some popular altcoins, and now especially, so it's definitely worth investing.

I do agree that Bitcoin is perhaps the most trustworthy in terms that some the alts that are around today won't be here in 3-5 years time. It's been said that over 90% of cryptocurrencies will  fail. If this is the case we need to build this possibility into our investments. Only buy the strongest alt coins and always put faith in BTC because even if the majority of the others fail BTC will still be around in one form or another.


Title: Re: Advantage of BITCOIN
Post by: drrekkty on April 22, 2018, 05:07:21 PM
So 1. Zero or very low commission 2. Instant transfers 3. Safety, reliability, security 4. Technological advantage 5. Ability to send microtransactions 6. Easy reception and sending of donations 7. Supranational system 8. Ability to bypass any sanctions 9. Getting rid of intermediaries, such as correspondent banks 10. The possibilities of the blockchain


Title: Re: Advantage of BITCOIN
Post by: strwy09 on April 24, 2018, 06:05:18 AM
The biggest advantages of Bitcoin are speed, equal wealth, and elimination of ideology.


Title: Re: Advantage of BITCOIN
Post by: jinxcreedy on April 24, 2018, 06:46:38 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

You gave good merits of bitcoin over traditionally currencies. But I will add my own which is the ability to transact business over several countries effecting payments in a matter of minutes.
That is bitcoin.


Title: Re: Advantage of BITCOIN
Post by: efey399 on April 24, 2018, 06:49:08 AM
BitCoin is the name most heard by those who do not know the crypto market. because it is the largest and largest volume of crypto coin. this is a great advantage. a coin that has been accepted by everyone.


Title: Re: Advantage of BITCOIN
Post by: Arkhi on April 24, 2018, 07:37:04 AM
If you are not trying to use bitcoin you will not know exactly the benefits of using bitcoin. In addition to its security system, bitcoin is also very profitable for its users with a large income that can be obtained. They are very happy to use bitcoin because their investment will be safely protected by the system and their investment can grow quickly.


Title: Re: Advantage of BITCOIN
Post by: kruzer200 on April 24, 2018, 02:23:30 PM
I recently bought half the Bitcoin and I think that by the summer you can have a good profit. I'm thinking now about how to buy more)


Title: Re: Advantage of BITCOIN
Post by: 8rch7 on April 24, 2018, 02:28:13 PM
yeah, with bitcoin, the transactions become easier, simple, fast, and effective. it's just that sometimes there is a group of people who use this for crime. but it seems this will soon be overcome with the KYC on almost most of the existing exchange. with the presence of KYC, can be known Identity perpetrators of crime.


Title: Re: Advantage of BITCOIN
Post by: pokemon43 on April 24, 2018, 02:32:19 PM
There are many advantages of Bitcoin. First of all it is anonymous in nature and it's transactions. Due to decentralized technology truly it is the currency of people and peoples are creating this and transacting this. But, nobody destroy it.


Title: Re: Advantage of BITCOIN
Post by: Aivengo111 on April 24, 2018, 04:19:45 PM
One of Bitcoin's advantages is his anonymity, which makes it possible to launder money and make many other financial crimes ..


Title: Re: Advantage of BITCOIN
Post by: kinki32 on April 24, 2018, 04:25:50 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Firstly Bitcoin pseudo anonymous. Everything advantage in bitcoin is strong mainnet and community.


Title: Re: Advantage of BITCOIN
Post by: DrewXland on April 24, 2018, 06:07:12 PM
In my mind Bitcoin is the best vehicle to increase your overall wealth and a great store of value. Bitcoin is where you store your gains. Altcoins are great for speculating. That's my investment strategy and it has worked well for me up to now. I do think Bitcoin will explode in the future so will be best if you have a pile going into the bull run -good luck.


Title: Re: Advantage of BITCOIN
Post by: dante golo on April 24, 2018, 06:21:01 PM
In addition to the very secret transactions the other advantage of bitcoin is being able to shorten the time when someone wants to make a transaction so as to make a person more comfortable and not too dizzy when going to buy a fixture every time.


Title: Re: Advantage of BITCOIN
Post by: fransupran on April 24, 2018, 06:22:10 PM
I think the following are the benefits of Bitcoin:
1. Bitcoin is not owned by any country
2. High demand
3. Develop with idealism
4. High security system
5. Having a global network
6. The process of transaction is very fast
7. Bitcoin is not controlled by the government

And there are many other advantages.
Are you interested in Bitcoin


Title: Re: Advantage of BITCOIN
Post by: ukboss on April 25, 2018, 04:06:00 PM
There are too many advantages of Bitcoin. If someone create a website and they can use payment processor with Bitcoin because Bitcoin is a very popular and low transaction fees. You can send at a time a huge amount of money with a low fees and very fast transition. You can buy any kind of product via bitcoin. In this crypto world most of the crypto currency trading site bitcoin.


Title: Re: Advantage of BITCOIN
Post by: Seward on April 26, 2018, 03:35:54 AM
One of the greatest advantages of Bitcoin is that it is the only payment method that is 100% irreversible and cannot be charged back.  For this reason, you should be careful when sending Bitcoins; be sure that you are sending them to a trusted vendor.


Title: Re: Advantage of BITCOIN
Post by: Shanley on April 26, 2018, 03:37:57 AM
Anyone, from any country, of any age can accept Bitcoins within minutes. There is no ID card, passport or proof of address that all conventional banks required to open an account. All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address. You could have 1000s of different addresses if you wanted, there is no limit to the number of Bitcoin Addresses that you can have.


Title: Re: Advantage of BITCOIN
Post by: Haleytyr on April 26, 2018, 03:39:00 AM
When making a Bitcoin transfer the fees are extremely low compared to conventional methods of moving money. A normal Bitcoin fee is 0.0005 BTC per transfer, whereas with a typically international wire transfer you could expect to pay 700THB-1300THB per transaction. Accepting credit cards will generally cost 3-5% of the transfer amount, which again is much more expensive than a Bitcoin transaction.


Title: Re: Advantage of BITCOIN
Post by: trinhdinhthang20007 on April 26, 2018, 03:43:40 AM
Make the world change the way you think about digital money


Title: Re: Advantage of BITCOIN
Post by: jone sonie on April 26, 2018, 03:53:34 AM
In my opinion, like many online payment systems, Bitcoin users can pay for their coins anywhere they have Internet access. This means that purchasers never have to travel to a bank or a store to buy a product. However, personal information is not necessary to complete any transaction.



Title: Re: Advantage of BITCOIN
Post by: Mr.Binss on April 26, 2018, 03:55:20 AM
Timing is important, a cheque can take ages, a money transfer across borders too can take a long time too, but Bitcoin can generally be confirmed within ten minutes. The reason it needs to be confirmed is that it is possible to perform a double spend attack – i.e. send your Bitcoins to two people at the same time. Eventually, the decentralised network will recognise only one transaction, so one person you paid will miss out on their Bitcoins.


Title: Re: Advantage of BITCOIN
Post by: Elizabesth on April 26, 2018, 03:56:53 AM
Paying through Bitcoin has very low and sometimes no transaction fees at all. It all depends on the priority of the person. If a person wishes that his/her transaction get’s processed fast, he/she has to pay a transaction fees which is still very low as compared to any financial intermediary or digital wallets.


Title: Re: Advantage of BITCOIN
Post by: Alyssaff on April 26, 2018, 03:58:37 AM
Bitcoin transactions are secure, irreversible, and does not contain any customers’sensitive or personal information. This protects merchants from losses caused by fraud or fraudulent chargebacks.


Title: Re: Advantage of BITCOIN
Post by: Gracefs on April 26, 2018, 03:59:44 AM
People can’t steal your payment information from merchants. Most online purchases today are made via credit cards, debit cards, requiring you to enter all your secret information (the credit card number, expiry date, and CSV number) into a web form. This is why credit card numbers are regularly being stolen. Bitcoin transactions, however, don’t require you to give up any secret information. Instead, they use two keys: a public key, and a private key.


Title: Re: Advantage of BITCOIN
Post by: Sarahhd on April 26, 2018, 04:01:14 AM
Any person can also produce bitcoins by yourself. This can be done by mining bitcoins through computers. It is not any kind of physical mining. Bitcoin mining is simply a case of leaving the computer switched on, and keep the bitcoin mining software running.


Title: Re: Advantage of BITCOIN
Post by: Adalwolf on April 26, 2018, 04:05:57 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
the benefits received from Bitcoin are quite a lot. so by having Bitcoin as a coin that is owned will give a fairly high price in the future. With high prices, the profit received is also high.


Title: Re: Advantage of BITCOIN
Post by: karisiak123 on April 26, 2018, 04:12:55 AM
very many advantages of bitcoin. in general bitcoin can be accessed around the world it will facilitate in online transactions quickly without a third party. then it is very safe to transact. and invest in bitcoin to get a lot of profit. with high bitcoin prices


Title: Re: Advantage of BITCOIN
Post by: Miaaajos on April 26, 2018, 04:46:41 AM
In my view, Bitcoin has 6 mean advantages:
+ Bitcoin can not be faked.
+ Bitcoin is not controlled by anyone.
+ Transfer bitcoin extremely fast.
+ Bitcoin can be used all around the world.
+ Bitcoin helps to avoid inflation .
+ High liquidity.
 8) 8) 8)


Title: Re: Advantage of BITCOIN
Post by: jbdjy on April 26, 2018, 04:49:04 AM
The anonymity of Bitcoin protects people's privacy, and it is also fast in cross-border transactions. Transaction costs are low.


Title: Re: Advantage of BITCOIN
Post by: holigans on May 02, 2018, 04:19:19 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Maybe by investing in bitcoin to get a lot of benefits so from that many people who invests in bitcoin with long-term because that I see from many people who choose bitcoin apparently also many people who want to get a lot of profits by following a promising project



Title: Re: Advantage of BITCOIN
Post by: Duane Taylor on May 04, 2018, 12:22:20 PM
One of the best things of Bitcoin is very low transaction fees. The costs of transacting by Bitcoin are kept very low. Additionally, any transfer in Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and wait periods.


Title: Re: Advantage of BITCOIN
Post by: paykal5 on May 04, 2018, 12:32:49 PM
Advantages of bitcoin are:-
Less transaction fees:- no fee to receive bitcoins. you can choose your transaction fee and many wallets let you control how large a fee to pay when spending.
Payment freedom:- It is possible to send and receive bitcoins anywhere in the world at any time.
Highly secured:- Bitcoin payment can be made without personal information tied to the transaction thus offers strong protection against identity theft.
Risk free:- Bitcoin transaction are secure, irreversible, and do not contain customer's sensitive or personal information.


Title: Re: Advantage of BITCOIN
Post by: jankekek on May 04, 2018, 12:36:35 PM
Bitcoin is the best among all cryptocurrencies that are listed in coinmarkets and decentralized exchanges. Bitcoin has a lot of advantages among others because you can trade bitcoin in any exchanges besides Etherdelta and other platforms that is under ethereum. Bitcoin has so many investors, so many forks, so many good partnerships and the main future of crypto industry.


Title: Re: Advantage of BITCOIN
Post by: ICOBountyPrograms on May 04, 2018, 12:39:13 PM
Bypassing the banks is the biggest advantage I see


Title: Re: Advantage of BITCOIN
Post by: susuberuang on May 04, 2018, 12:52:29 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

the benefits given from bitcoin in my opinion very much you can benefit from the movement up and down the price so you can get a lot of profit, not only that with bitcoin you can make remittances from several countries easily.


Title: Re: Advantage of BITCOIN
Post by: Dirk2017 on May 04, 2018, 12:58:02 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

the benefits given from bitcoin in my opinion very much you can benefit from the movement up and down the price so you can get a lot of profit, not only that with bitcoin you can make remittances from several countries easily.

The advantage of bitcoin in other coins is in bitcoin every one of us witness how good bitcoin is because of his performance last year, and bitcoin is the most well known coins among the other coins. And in bitcoin you can surely earn profit just by investing at low price, if you invest in low price all you need to do is hold it for a months or years and sell it soon if the price of coins rise. Its worth to risk on bitcoin


Title: Re: Advantage of BITCOIN
Post by: Iceblast on May 04, 2018, 01:04:00 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

the benefits given from bitcoin in my opinion very much you can benefit from the movement up and down the price so you can get a lot of profit, not only that with bitcoin you can make remittances from several countries easily.

The advantage of bitcoin in other coins is in bitcoin every one of us witness how good bitcoin is because of his performance last year, and bitcoin is the most well known coins among the other coins. And in bitcoin you can surely earn profit just by investing at low price, if you invest in low price all you need to do is hold it for a months or years and sell it soon if the price of coins rise. Its worth to risk on bitcoin
the advantages of bitcoin in addition to bitcoin being one of the expensive coins bitcoin can be used as coins that have a sale value at a high price. because now this bitcoin still continues to be the coin that has the highest position in cryptocurrency. so I think that includes the advantages of bitcoin.


Title: Re: Advantage of BITCOIN
Post by: mikaeltomcruz12 on May 04, 2018, 01:22:18 PM
For me advantage of bitcoin was if you have bitcoin holding you have sure to wait income and if in the long run if bitcoin will be legalized in your country it may easy for you to adjust in crypto world.


Title: Re: Advantage of BITCOIN
Post by: poli.isk on May 04, 2018, 01:29:34 PM
independence. convenience. speed is not different yet, but I will soon and this is different. and I don't know why it so happened that he so rapidly increased, falling and rising.


Title: Re: Advantage of BITCOIN
Post by: skiorf on May 04, 2018, 03:11:00 PM
Why should you state on the illegal goods and services? We can buy also good things and pay for good services on the internet. Along with that, the bitcoin is accepted in the transaction, Bitcoin is usable. This coin also helps us to make worldwide transaction easily. This is a high technology that doesn't limit only in the transaction. Bitcoin gives changes on the people live. Bitcoin makes itself to be a worthy investment and trading.


Title: Re: Advantage of BITCOIN
Post by: Baldric Anderson on May 05, 2018, 10:07:05 AM
Once Bitcoins are sent, the transaction cannot be reversed. Since the ownership address of Bitcoins will be changed to the new owner, once it is changed, it is impossible to revert. Since only the new owner has the associated private key, only he/she can change ownership of the coins. This ensures that there is no risk involved when receiving Bitcoins.


Title: Re: Advantage of BITCOIN
Post by: Harding Young on May 05, 2018, 10:11:49 AM
Bitcoins’ ownership address can only be changed by the owner. No one can steal Bitcoins unless they have physical access to a user’s computer, and they send the bitcoins to their account. Unlike convential currency systems, where only a few authentication details are required to gain access to finances, this system requires physical access, which makes it much harder to steal.


Title: Re: Advantage of BITCOIN
Post by: Rudolph White on May 05, 2018, 10:12:42 AM
Sending and receiving Bitcoins requires users to keep the Bitcoin client running and connected to other nodes. Essentially, by using bitcoins users will be contributing to the network, and thus sharing the burden of authorizing transactions. Sharing this work greatly reduces transaction costs, and thus makes transaction costs negligible.


Title: Re: Advantage of BITCOIN
Post by: roxan iris on May 05, 2018, 10:13:50 AM
Unless users publicize their wallet addresses publicly, no one can trace transactions back to them. No one, other than the wallet owners, will know how many Bitcoins they have. Even if the wallet address was publicized, a new wallet address can be easily generated. This greatly increases privacy when compared to traditional currency systems, where third parties potentially have access to personal financial data.


Title: Re: Advantage of BITCOIN
Post by: britai ruby on May 05, 2018, 10:15:36 AM
There are many benefits for buyers when it comes to using Bitcoin. It allows fast confirmation time within 10 minutes, which is handy for international transactions. It allows you to purchase items from abroad without worrying about currency conversation. Storage of coins is not difficult.


Title: Re: Advantage of BITCOIN
Post by: Wisoran on May 05, 2018, 10:17:55 AM
If you need to find someone, the police will find no problems as it finds all the hackers and drug traffickers. It's false anonymity.


Title: Re: Advantage of BITCOIN
Post by: zlt220 on May 05, 2018, 10:19:07 AM
Bitcoin has a very strong blockchain which has make it difficult to steal bitcoin in individual wallets. Bitcoin is of great advantage as it helps in creating a secret transactions within two parties from a point to a very long distance, it also minimize the risk of holding bulky cash.


Title: Re: Advantage of BITCOIN
Post by: Angi on May 05, 2018, 10:27:07 AM
Thats the good thing about bitcoin and because of that many users will be use it more easy and fast and more anonymously but the disadvantage is it will use for illegal thing and scamming to those newly learn about crypto.


Title: Re: Advantage of BITCOIN
Post by: Kevin_Mark on May 05, 2018, 12:03:13 PM
Bitcoin has many advantages. First, it is a smarter form of money that doesn’t require cost and time in managing. Second, the time taken to buy or sell bitcoin or exchange it for local currency is just few seconds being a one-world-one-currency unlike money. Third, enhanced security of personal information in making transactions than money since it is blockchain-based. Fourth, low to no-fee for making payments unlike using cards for transactions.


Title: Re: Advantage of BITCOIN
Post by: Gelesko on May 05, 2018, 12:15:10 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Yes I agree with you, you also forgot to mention it is the first cryptocurrency, with huge market cap and well known over the world, no need to promote it. Also your purchases are not taxed with low transaction fees, you could always pay with mobile phone whenever or wherever you are of course with internet access. I bet any money banks are in fury, as they have lost some income over transactions and keep losing the market every day, as bitcoin and other cryptocurrency, each day getting used by more people!


Title: Re: Advantage of BITCOIN
Post by: terzy on May 05, 2018, 12:21:24 PM
Bitcoin has many advantages! Bitcoin contracts can be designed and enforced to eliminate or add third party approvals, reference external facts, or be completed at a future date or time for a fraction of the expense and time required to complete traditional asset transfers. With Bitcoin, it is possible to be able to send and get money anywhere in the world at any given time. There is no other electronic cash system in which your account isn’t owned by someone else. With Bitcoin, you own the private key and the corresponding public key that makes up your cryptocurrency address. No one can take that away from you unless you lose it yourself, or host it with a web-based wallet service that loses it for you.


Title: Re: Advantage of BITCOIN
Post by: Jr family on May 05, 2018, 12:22:19 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
to profit from Bitcoin very much at all. besides with the increasing development of Bitcoin, will increasingly increase the profits obtained. with Bitcoin being so strong, I estimate the profits to be very large and gradual. so I advise choosing Bitcoin as coin owned.


Title: Re: Advantage of BITCOIN
Post by: Dirk2017 on May 05, 2018, 12:23:01 PM
Thats the good thing about bitcoin and because of that many users will be use it more easy and fast and more anonymously but the disadvantage is it will use for illegal thing and scamming to those newly learn about crypto.

First of all the main advantage of bitcoin among all the coins is the popularity, because bitcoin is the most well known many people trust bitcoin because of his performance not only that, bitcoin has a strong community. Its legit and not scam. Bitcoin is the best.


Title: Re: Advantage of BITCOIN
Post by: Bitmore on May 06, 2018, 07:07:28 AM
Bitcoin has many advantages over Fiat. Most of all I like anonymity and transactions in any part of the world without taxes


Title: Re: Advantage of BITCOIN
Post by: whirlcoin on May 06, 2018, 07:13:58 AM
Bitcoin has many advantages over Fiat. Most of all I like anonymity and transactions in any part of the world without taxes
But bitcoin is not completely anonymous if someone knows your bitcoin address then he can know your all the transaction deatails easily without your knowledge.And the second one is good thing we can send money to anywhere in the world with just one click but we can't say completely tax free because we need to convert bitcoins into fiat at that time we need to pay necessary taxes.


Title: Re: Advantage of BITCOIN
Post by: Hopeful2017 on May 06, 2018, 07:16:15 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Bitcoin has a lot of advantages to users and investors. It also has a good future in the digital world and as virtual currency. If you see it, bitcoin has a very high price and has the ability to give unlimited income. Aside from that, it has easier transactions.


Title: Re: Advantage of BITCOIN
Post by: gogrowglow on May 06, 2018, 07:31:29 AM
Bitcoin is not taxable, you can transact business, send money to any part of this world without paying tax.  If you want to be anonymous it can be done too thru Bitcoin transactions.  These are all can be done because cryptocurency  exist only in the internet using the blockchain technology and because it is  decentralized  nobody can tracted or traced it. Life is much easier using cryptocurency in any transactions thru internet.


Title: Re: Advantage of BITCOIN
Post by: Mdjamal01 on May 06, 2018, 08:13:49 AM
Bitcoin main advantage is its value if you just buy 5 or 10 btc and wait at least 1/2 year you will be profitable definitely . just look ate the last 1 year graph .


Title: Re: Advantage of BITCOIN
Post by: putrisa on May 06, 2018, 08:20:22 AM
I think bitcoin can benefit a lot when you have bitcoins and when you trade bitcoin and altcoin by taking advantage of very fast price movements you should be able to earn a lot of profits. do not use bitcoin as an act of ugliness.


Title: Re: Advantage of BITCOIN
Post by: dog_cat on May 07, 2018, 10:39:34 AM
One of the advantages of Bitcoin is user anonymity. Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.


Title: Re: Advantage of BITCOIN
Post by: zininaks on May 07, 2018, 12:46:25 PM
Suffice it to say that the bitcoin network is undoubtedly the most powerful and reliable in the world, and the money share of BTC is more than 40%. The nodes of the bitcoin blockchain there are about 12 000 units and deployed to 101 countries in the world.


Title: Re: Advantage of BITCOIN
Post by: Voloshin2981 on May 08, 2018, 03:25:08 PM
There are a lot of advantages for bitcoins, there is no commission for translation, it is impossible to track down the absence of any documents, everything is simple and transparent


Title: Re: Advantage of BITCOIN
Post by: #dhabitamartha on May 08, 2018, 03:32:20 PM
The understanding that I know crime can happen anywhere, we can only be cautious and in the crypto world. humans want the convenience and flexibility that we can do anywhere and through the phone can. this technology is very interesting


Title: Re: Advantage of BITCOIN
Post by: angrynerd88 on May 08, 2018, 03:53:41 PM
There are countless advantages of Bitcoin but main advantage of Bitcoin is an autonomous no need of third party and totally based on blockchain technology.Bitcoin is itself bank and you can make transaction globally without any hurdle.


Title: Re: Advantage of BITCOIN
Post by: David Van on May 08, 2018, 03:56:35 PM
Bitcoin will always be King as it has first market mover status and so is the most well know and popular. I always use my alt gains to accrue more Bitcoin. I've been doing this since 2016 and has worked well.


Title: Re: Advantage of BITCOIN
Post by: Dimid on May 08, 2018, 04:09:24 PM
The most important advantage of bitcoin for me:
Getting rid of intermediaries, such as correspondent banks
Full control over your funds
Control where necessary: If desired, you can link specific addresses to specific people or organizations to monitor financial transactions. For example, this can be done with the state. institutions to monitor the target expenditure of funds.


Title: Re: Advantage of BITCOIN
Post by: Wuddly on May 08, 2018, 09:27:08 PM
Absence of difficult registration, age and still any restrictions. To get started, you do not need anything other than access to the Internet. You download the Bitcoin client to your computer or smartphone, it generates the address of your wallet. From now on, you can accept and send Crypto currency.


Title: Re: Advantage of BITCOIN
Post by: supercanada1 on May 08, 2018, 09:34:14 PM
their are alot of advantages of bitcoin we can easily transfer money in the shape of bitcoin to every where in the world it is the biggest one advantage of bitcoin now most of the people start business on bitcoin. they create a physical exchange in their country for buy and sell bitcoins. now a day bitcoin is the best income for everyone with no age limit just with knowledge. bitcoin change life standard of peoples who use bitcoin. 


Title: Re: Advantage of BITCOIN
Post by: Virtuxq on May 08, 2018, 09:36:46 PM
bitcoin is also the most reliable and promising coin on the cryptocurrency market.


Title: Re: Advantage of BITCOIN
Post by: aalborg on May 08, 2018, 09:36:57 PM
Bitcoin has many advantages. For example 1. Zero or very low commission. The commissions are practically independent of the amount transferred or from the location of the sending and receiving parties. Often transactions are free. 2. 24/7/365. If you wanted to send a transfer at 3 am on Sunday - then it will be sent at 3 am on Sunday. 3. Instant transfers. In crypto currency transactions are instantaneous. And so on.


Title: Re: Advantage of BITCOIN
Post by: susutao87 on May 10, 2018, 11:08:35 AM
You could have 1000s of different addresses if you wanted, there is no limit to the number of Bitcoin Addresses that you can have.


Title: Re: Advantage of BITCOIN
Post by: JaredStein on May 10, 2018, 11:29:02 AM
One of the advantages of bitcoin is that it is a decentralized currency and this means that there is no way one person or a group of people can control it which means that there is no way for the government to use it to control its citizens. You cannot just make more bitcoins at will like you would do with fiat currency and you have absolute control of your money and your assets.


Title: Re: Advantage of BITCOIN
Post by: MOProgress on May 10, 2018, 11:33:24 AM
One of the advantages I see that bit coin have is; it is the first cryptocurrency that emerge, that gives it the edge over any other cryptocurrency that is coming up.


Title: Re: Advantage of BITCOIN
Post by: Nidhi Bhatia on May 10, 2018, 11:47:46 AM
Bitcoin has so many advantages in which fast transaction in payements.bitcoin is the first cryptocurrency that emerge, that gives it the edge over any other cryptocurrency that is upcoming.bitcoin is very reliable and promising coin of the cryptocurrency market. Bitcoin has very low commission means there is no commission for translation, in dis every thing is very simple and transperant


Title: Re: Advantage of BITCOIN
Post by: ICO Lancer on May 10, 2018, 11:49:39 AM
As the king coin. Almost all other alt coins are dependent on btc in terms of growth/dips.


Title: Re: Advantage of BITCOIN
Post by: hoanglann111 on May 11, 2018, 04:35:03 AM
It also has the advantage of the payment. It looks so good when people are into bitcoin. I mean, there were a lot of people who doesn't want bitcoin in their lives. For they don't know that bitcoin might help them in every aspect as possible as long as it is inclined in bitcoin.


Title: Re: Advantage of BITCOIN
Post by: guagua_ga on May 12, 2018, 09:43:49 AM
Like with many online payment systems, Bitcoin users can pay for their coins anywhere they have Internet access. This means that purchasers never have to travel to a bank or a store to buy a product.


Title: Re: Advantage of BITCOIN
Post by: KingElrey on May 12, 2018, 10:49:22 AM
With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money.
You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.


Title: Re: Advantage of BITCOIN
Post by: hasbdzb8382 on May 13, 2018, 01:32:55 PM
Bitcoin has many advantages. For example 1. Zero or very low commission. The commissions are practically independent of the amount transferred or from the location of the sending and receiving parties. Often transactions are free. 2. 24/7/365. If you wanted to send a transfer at 3 am on Sunday - then it will be sent at 3 am on Sunday. 3. Instant transfers. In crypto currency transactions are instantaneous. And so on.
Wow, that's  a lot of advantages, I argee


Title: Re: Advantage of BITCOIN
Post by: darkr on May 15, 2018, 02:22:37 PM
their are alot of advantages of bitcoin we can easily transfer money in the shape of bitcoin to every where in the world it is the biggest one advantage of bitcoin now most of the people start business on bitcoin. they create a physical exchange in their country for buy and sell bitcoins. now a day bitcoin is the best income for everyone with no age limit just with knowledge. bitcoin change life standard of peoples who use bitcoin. 

If you have Bitcoins, you can go anywhere even when you do not have the money in your purse (I am l talking about cash and credit cards as well). Just get the access to the Internet and find a good exchange.


Title: Re: Advantage of BITCOIN
Post by: zininaks on May 31, 2018, 03:24:03 PM
Bitcoin can help ordinary people. How? There are many examples, here are some of the few: the ability to very reliably protect money from government theft; you can anonymously invest; immunity to devaluation; accelerated dispatch of funds.


Title: Re: Advantage of BITCOIN
Post by: Stavri on May 31, 2018, 03:27:04 PM
the main advantage of bitcoin is you can send money to anyone in the world without control ef any authority or middleman. it is totally anonymous. you can open a wallet and receive a payment totally anonymously.


Title: Re: Advantage of BITCOIN
Post by: selinairis on June 01, 2018, 08:14:27 AM
Well bitcoin clearly speaks of how vast is its anvantage feom any other coin. The fact that it is the number one in the cryptomarket and mother of all coins speaks for itself that its value has risen because of the many advantages it has. No question that bitcoin is one thats best foe transactions big or small.


Title: Re: Advantage of BITCOIN
Post by: tech12345 on June 01, 2018, 08:17:49 AM
Blockchain technology and Bitcoin are really good. But I noticed that Bitcoin's speed and transaction fees are getting worse than many coin such as ETH, NEO or XRP. The reason BTC still keep its price so it is still the pioneer in this technology and most well known.


Title: Re: Advantage of BITCOIN
Post by: eagleman on June 01, 2018, 08:21:22 AM
Bitcoin as a peer to peer way of paying is the main feature of bitcoin before.

But as the time goes by and everyday there are a lot of people getting into the market, bitcoin isn't recognized that way. Most are looking at it as a way of investing your money.

Because of its volatility and having no exact value, opportunity has been seen to it by holding it your money has the potential to grow as its price grows.


Title: Re: Advantage of BITCOIN
Post by: Btcvilla on June 01, 2018, 08:22:52 AM



of course there will always be a negative side effect of whatever is the phrase. and we know it's very true in real life. so, it is very irrelevant if you lift the negative side of the virtual currency in comparison. More here is about investing, trading, mining and anything else that concerns the crypto industry.


Title: Re: Advantage of BITCOIN
Post by: baricuri on June 01, 2018, 08:53:59 AM
With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money.
You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
To be honest, BTC has a lot of benefits in terms of liquidity among countries, and you can be in countries far apart, but in a matter of seconds I can transfer money to you, and vice versa. That is the preeminent feature of BTC, the cost is very low. There is no dependency on the third party. But along with that benefit there are quite a lot of risks we should be cautious.


Title: Re: Advantage of BITCOIN
Post by: kingsmanpower on June 01, 2018, 11:23:19 AM
Speaking of Bitcoin we all know it's one of the most valuable electronic coins. Along with that, its benefits are as follows: Convenience in transactions, fast transactions, security, safety


Title: Re: Advantage of BITCOIN
Post by: rucapri0 on June 05, 2018, 08:48:17 AM
Bitcoin deference diverse superiority atop of habitual botanists. It grant sending repairs internationally without persuaded championing acceptance conversion


Title: Re: Advantage of BITCOIN
Post by: miraxgr on June 05, 2018, 09:23:27 AM
The main advantages of bitcoins:

1. The cryptocurrency system is open-source-all transaction data is publicly available.
2. The absence of inflation (the creators of bitcoins say that this currency can only appreciate).
3. There is no common regulator that can impose its policy on the Bitcoin system.
4. Features without borders: anyone who owns a wallet can make payments anywhere, while remaining incognito.
5. The integrity of the system is guaranteed to be impossible to fake transactions.


Title: Re: Advantage of BITCOIN
Post by: EmmanCryp on June 05, 2018, 09:26:32 AM
Yeah to e evwry wonderful technology and innovations like bitcoin, there are always blessings and curses attached to it. I choose to be on the blessing side and utilize it for good purposes


Title: Re: Advantage of BITCOIN
Post by: annajewel100 on June 05, 2018, 04:49:28 PM
one of the advantages of bitcoin is decentralized with blockchain technology. this allows all transactions to be transparent and clearly visible and for traders it would be a very good advantage if they trade bitcoin


Title: Re: Advantage of BITCOIN
Post by: rajdeep12 on June 05, 2018, 06:48:05 PM
Bitcoin have many advantages like fast transaction speed in payment, sending asset,  and also less transaction fees.
Below are some of the advantages of bitcoin:
1.  Prices are always going up.
2.  No Paperwork
3.  Appreciating value
4.  Quick and cheap transactions
5.  Control and security
6.  Information is transparent
7.  No third-party interruptions.
8.  Irreversible Transactions
9.  Anonymous and private.
10. Payment freedom.
11. No Tracking


Title: Re: Advantage of BITCOIN
Post by: alex7308 on June 07, 2018, 05:26:45 AM
There is quite a lot of advantage in using bitcoin. Besides the speed of transactions, I tilt more for criterion benefit of money or to make benefit to reside with this exchange rate. Bitcoins can give you a fairly high return on investment, if you get the right gear to earn more coins.


Title: Re: Advantage of BITCOIN
Post by: loansdd876 on June 07, 2018, 02:38:19 PM
Bitcoin can not be faked. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.


Title: Re: Advantage of BITCOIN
Post by: Aidan Martin on June 12, 2018, 11:37:26 AM
Bitcoin can not be faked is the most advantage. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.


Title: Re: Advantage of BITCOIN
Post by: Jazvebtc18 on June 12, 2018, 11:42:13 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Definitely Yes,  I agree with what you said mate. Paying through bitcoins provide the utmost freedom. Bitcoin can be transferred to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit.


Title: Re: Advantage of BITCOIN
Post by: Beabtc11 on June 12, 2018, 11:45:35 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

This very promising. Bitcoin has a lot of advantage to us people. Bitcoin transactions are very fast if compared to banking channels. A bitcoin transaction is as fast an e-mail and can be processed with in 10 minutes. Also it can be instantly processed if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. The confirmed transactions are those which takes atleast 10 minutes to process. Credit Card or digital wallet services also provides instant approved transactions services but for this they usually charges a hefty fees ,which is not in the case of Bitcoin as mentioned above. Bitcoin has very low transaction fees even for being super fast in terms of processing.


Title: Re: Advantage of BITCOIN
Post by: Thanasis on June 12, 2018, 11:47:03 AM
Bitcoin have many advantages like fast transaction speed in payment, sending asset,  and also less transaction fees.
Below are some of the advantages of bitcoin:
1.  Prices are always going up.
2.  No Paperwork
3.  Appreciating value
4.  Quick and cheap transactions
5.  Control and security
6.  Information is transparent
7.  No third-party interruptions.
8.  Irreversible Transactions
9.  Anonymous and private.
10. Payment freedom.
11. No Tracking
I can't agree with some of your points,

1.Prices are not always going up if you see the price chart of bitcoin there were some much of ups and downs so it is not a valid point.

9.No the bitcoin transactions are not fully anonymous it is just pseudo anonymous even I can track your transaction by knowing your wallet ID or the address and also can track the receiver and so on.


Title: Re: Advantage of BITCOIN
Post by: Btcnaivie on June 12, 2018, 11:49:19 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Yes, bitcoin is very good to use. Paying through Bitcoin has very low and sometimes no transaction fees at all. It all depends on the priority of the person. If a person wishes that his/her transaction get’s processed fast, he has to pay a transaction fees which is still very low as compared to any financial intermediary or digital wallets. Bitcoin transactions are secure, irreversible, and does not contain any customers’sensitive or personal information.This protects merchants from losses caused by fraud or fraudulent chargebacks.


Title: Re: Advantage of BITCOIN
Post by: musta5a on June 12, 2018, 11:55:47 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

it's the truth. Now what are you aiming to achieve with this comment? As it's not the major problem, it's not illegal to use crypto nor it should be. It's about the illegal marketplaces and activities.


Title: Re: Advantage of BITCOIN
Post by: orarider on June 12, 2018, 11:56:31 AM
The advantages of bitcoin:
1. Convenience in transaction: Any transaction has a limit on the transfer and receive money, but for bitcoin there is no limit.
2. Ensure safety and security.
3. Bitcoin can not be faked.
4. The cost for the transaction is extremely low.


Title: Re: Advantage of BITCOIN
Post by: Sinyocall on June 12, 2018, 12:00:56 PM
bitcoin is easier for interbank transactions internationally, and then in each country can use the payment using bitcoin and can also to invest it is the benefit of using bitcoin


Title: Re: Advantage of BITCOIN
Post by: rosycrypto12 on June 12, 2018, 12:35:58 PM

Bitcoin have many advantages.
1.Fast transaction speed in payment
2.Sending asset
3.Less transaction fees
4.People can't steal your payment information from merchants.
5.No third-party interruptions.
6.Mobile payments.
7.Prices are always going up.
8.No paperwork
9.It is very fast.


Title: Re: Advantage of BITCOIN
Post by: Bitcoin_is_here_to_stay on June 15, 2018, 02:23:22 PM
the most important + bitcoin is that it is the most reliable of all. if the cryptocurrency in the world will die, then there will only be 1 coin it will be bitcoin. every day it is harder to get bitcoin and therefore its value increases.


Title: Re: Advantage of BITCOIN
Post by: Et Hereum on June 16, 2018, 10:40:01 AM
There are many advantages of Bitcoin People are getting income from Bitcoin, job opportunities are being provided and the quality of life of people is improving, people are getting the knowledge of technology.


Title: Re: Advantage of BITCOIN
Post by: sammy2394 on June 18, 2018, 12:46:57 AM
I think bitcoin can benefit a lot when you have bitcoins and when you trade bitcoin and altcoin by taking advantage of very fast price movements you should be able to earn a lot of profits. do not use bitcoin as an act of ugliness.


Title: Re: Advantage of BITCOIN
Post by: TTITA on June 20, 2018, 10:05:29 AM
There are many adventages of bitcoin, such as :
a. High Demand
This is evident from 2011 to 2013 and currently the interest of bitcoin society continues to increase and its value is also the case. If the first sale value of 1 Bitcoin or BTC only 13 USD range only, now the price of 1 Bitcoin already hundreds of millions. If you already know and invest Bitcoin from the year before, maybe now you have become a millionaire.
b. Bitcoin Does Not Have Any Country
In Indonesia there is Rupiah, in Japan there is Yen and in Malaysia there is Ringgit. This is the difference Bitcoin from currency as above. Bitcoin is not owned by any country. this is also one of the factors why many people are interested in Bitcoin because this factor is obviously very profitable because no country is responsible as the rate determined and also the government in charge of currency management.
c. Bitcoin Safer than Physical Currencies
Bitcoin has more value in terms of security because of its virtual form in which there will be no such thing as forgery because it does not have a form, unlike a physical currency that is of course quite a lot that may be false.
d. Bitcoin is Developed with Idealism
Another advantage of Bitcoin is its development with Idealism. In a sense, the government does not intervene about Bitcoin trading. With this, you obviously have to analyze the Bitcoin currency. So you who have Bitcoin can develop their own in the market.


Title: Re: Advantage of BITCOIN
Post by: Afobaje48 on June 20, 2018, 10:27:16 AM
It is possible to send and receive bitcoins anywhere in the world at any time and also Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information.


Title: Re: Advantage of BITCOIN
Post by: Afobaje38 on June 20, 2018, 10:33:55 AM
Bitcoin payments can be made without personal information tied to the transaction thus offers strong protection against identity theft, and also no third party interruption, banks and other Financial intermidiarises have no way to interrupt user transactions or place freezes on Bitcoin accounts.


Title: Re: Advantage of BITCOIN
Post by: thanhly0760 on June 20, 2018, 01:16:28 PM
It also has the advantage of the payment. It looks so good when people are into bitcoin. I mean, there were a lot of people who doesn't want bitcoin in their lives. For they don't know that bitcoin might help them in every aspect as possible as long as it is inclined in bitcoin.


Title: Re: Advantage of BITCOIN
Post by: Z_Max on June 24, 2018, 04:39:36 PM
Bitcoin is the benchmark in the field of crypto currency. For him you can already buy almost everything.


Title: Re: Advantage of BITCOIN
Post by: Vzae on June 24, 2018, 05:05:53 PM
Bitcoin is indeed the best choice for means of payment between users. and bitcoin offers many advantages over traditional banks.
Not only does it provide a lot of advantages for its holders, bitcoin currently also has a high value than the fiat currency of a country.


Title: Re: Advantage of BITCOIN
Post by: cryptostardom on June 24, 2018, 05:21:50 PM
Bitcoin is a decentralized digital currency that allows people all over the world to own the coin and store in it a secure wallet where no one could know the amount in your wallet. Transactions with Bitcoin are safe, secure, fast and have low transaction fees. Having Bitcoins have proven to be very advantageous as Bitcoin continuously experiences price rise and intense growths. These growths directly affect and increase individuals' Bitcoin price.


Title: Re: Advantage of BITCOIN
Post by: sangalangdavid on June 24, 2018, 05:23:28 PM
The advantages of bitcoin is that it has a high volatility rate and that could cause its investors to have a higher profit and the other advantage of btc is, it is already sure. The earning is sure. Once its price decreases, it will still increase high not like the other coins.


Title: Re: Advantage of BITCOIN
Post by: shiv06 on June 24, 2018, 05:42:14 PM
Bitcoin has many advantages. It has fast transaction speed in payment, very low transaction fees, No risk of chargebacks, easy money transaction to worldwide. You  can hold long term it,


Title: Re: Advantage of BITCOIN
Post by: Bendz on June 24, 2018, 06:05:28 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Behind the development of advanced technology must have an impact or risk in it. Including bitcoin, many people take advantage of the convenience of bitcoin transactions for less positive arenas, but I think everything goes back to the consciousness of each individual.


Title: Re: Advantage of BITCOIN
Post by: nahotachikwem on June 24, 2018, 06:19:43 PM
Bitcoin has a lot of advantages.

1.Mobile payments the easy way. All you need to do in order to receive Bitcoin payments is to display the QR code in your Bitcoin wallet
  app and let your clients scan your smart phone, or use the built NFC radio technology.

2.Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.

3.Everywhere and anytime: The bitcoin is up always – 24 hours, 365 days a year. Of course, the internet must be on.

4.Sending international payments – fast and cheap: Sending bitcoins across continents is as easy as sending them across the street.
  There are no banks in our way to make you wait 2-3 business days, no extra fees for making an international transfer,
  and no special limitations on the minimum or maximum amount you can send.

5.Choose your own fees: Fees are unrelated to the amount transferred,
  so it’s possible to send 1000 bitcoins for the same fee it costs to send 1 bitcoin.

6.Protect your identity: it is possible to send a payment without revealing your identity.



Title: Re: Advantage of BITCOIN
Post by: curnez88888 on June 25, 2018, 11:00:09 AM
One of the greatest advantages of Bitcoin is that it is the only payment method that is 100% irreversible and cannot be charged back.  For this reason, you should be careful when sending Bitcoins; be sure that you are sending them to a trusted vendor.


Title: Re: Advantage of BITCOIN
Post by: kjnfmplm on June 25, 2018, 12:12:41 PM
Yes, those are the examples of advantages that you can get once you invested money in Bitcoin. Of course, we should not forget that it has also the ability to make a x3 profit from your initial investment. Which I think most of the people knows best and is the reason why they invested money in Bitcoin or other coins.


Title: Re: Advantage of BITCOIN
Post by: SixOfFive on June 25, 2018, 02:14:32 PM
Bitcoin has managed to overcome major hurdles in its short but lively history. The cryptocurrency market does offer a means for diversifying the risk and hedge one’s portfolio. We can also now use Bitcoin for making various payments and even international transfers without much delay. The banks also charges fees for making transfers and payments, which can be avoided by using Bitcoin. In times of inflation, money stored in cryptocurrencies can prove useful. It has the potential to give competition to Gold, Silver, and established currencies like the US Dollar, and other assets.


Title: Re: Advantage of BITCOIN
Post by: ad8z77777711 on June 26, 2018, 09:22:49 AM
It also has the advantage of the payment. It looks so good when people are into bitcoin. I mean, there were a lot of people who doesn't want bitcoin in their lives. For they don't know that bitcoin might help them in every aspect as possible as long as it is inclined in bitcoin.


Title: Re: Advantage of BITCOIN
Post by: valessiobrito on June 27, 2018, 09:50:30 AM
One of the most widely publicized benefits of Bitcoin is that governments, banks and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. Bitcoin purchases are discrete. Purchases Are Not Taxed. Very Low Transaction Fees. And no Third-party Interruptions


Title: Re: Advantage of BITCOIN
Post by: lider1971 on June 28, 2018, 03:20:59 PM
In crypto-currencies, a proven cryptography with a division into public and private keys is used to store access keys to funds. Similar algorithms are used by banks and other financial institutions to protect their data.


Title: Re: Advantage of BITCOIN
Post by: leeroyj on June 28, 2018, 03:25:18 PM
One of the advantages of bitcoin is that it is a decentralized currency and this means that there is no way one person or a group of people can control it which means that there is no way for the government to use it to control its citizens. You cannot just make more bitcoins at will like you would do with fiat currency and you have absolute control of your money and your assets.


Title: Re: Advantage of BITCOIN
Post by: popolite11 on June 29, 2018, 05:30:58 AM
It is possible to send and receive bitcoins anywhere in the world at any time and also Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information.

You can find Bitcoin at any exchange. You can make the operations with it extremely fast (i mean inside exchange). It is very safe and anonymous. You can travel when you do not have a wallet in your pocket. Just change BTC for fiat and use it.


Title: Re: Advantage of BITCOIN
Post by: anything9ce on June 29, 2018, 05:53:09 AM
Bitcoin is not just the best cryptographic money, it's enlisted as the number coin in the coinmarkets and many other coins are glue to bitcoin's advancement in price in the market to be able to improve in their own price. Bitcoin is a game changer and a life transforming factor, it serve as money which why it is simply amazing


Title: Re: Advantage of BITCOIN
Post by: Asawakobana2017 on June 29, 2018, 05:59:17 AM
The advantage of bitcoin is the strong foundation and it is really the most trusted coin in the crypto currency feild. We can really assure that we can get a huge amount of profit on it because it is really proven and it is also tested as the best coin. So then i think bitcoin will really rise soon and we can get a huge amount of profit on it through waiting.


Title: Re: Advantage of BITCOIN
Post by: cryptochain5 on June 29, 2018, 06:18:50 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate it. The advantages are

Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.


Title: Re: Advantage of BITCOIN
Post by: leslie4u on June 29, 2018, 06:38:45 AM
Oh wow, an interesting topic isn't it? Reminds me of the debate that I had with one of my friend couple of years back when I spoke to him about what BTC can do vs the traditional fiat system and guess what he is now dealing with Cryptos and happy as ever. BTC has the following advantages-

- Its Decentralized
- Has no boundaries when it comes to transactions
- No need for banks and other financial institutions to send or receive transactions
- And guess what BTC is called the Big Boss of Crypto world for lot of other coins depend on it.
- It is listed as #1 currency in CoinMarketCap
- Anyone can hold BTC no matter where they are and what they do.

And the list goes on and on and on. I am happy to be part of the growing Crypto world for there is plenty to learn and earn.


Title: Re: Advantage of BITCOIN
Post by: MiChaeng on June 29, 2018, 07:53:45 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
yes indeed many advantages of bitcoin that allows us to transact and as others. but with the many advantages of bitcoin such as buying or selling services illegally and laundering money is very unfortunate if such advantages are used as such. as a sword we must be wise in using bitcoin let alone technology that is growing nowadays.


Title: Re: Advantage of BITCOIN
Post by: s.Zavgorod on June 29, 2018, 08:08:29 AM
The sure advantage  of bitcoin for me is no other than that the rest of the ALTcoins are dependent on it.  
And they depend because bitcoin is now like a king. And all the blows usually fall on him. Opponents of the currency believe that if you break the bitcoin will fall all.


Title: Re: Advantage of BITCOIN
Post by: anaivanova726 on June 30, 2018, 10:32:59 AM
Yes, I agree that this is a + but we must not forget about the unfair (( such as drugs , weapons , and more . so then from what side to look .


Title: Re: Advantage of BITCOIN
Post by: Kulang on June 30, 2018, 10:38:59 AM
Yes maybe one advantage of bitcoin that is very visible to most of us is it  helps our way of transaction and mode of payment faster than the a manually transaction. Its makes things convenient and less hassle. Also investing in bitcoin will definitely gives your more earning and more profits.


Title: Re: Advantage of BITCOIN
Post by: 1993jochico on June 30, 2018, 10:47:27 AM
What I like about BTC is its a decentralized system that cannot control by anyone even its creators, that is a very important thing to us because it cant be control by those shit governments also the reason why some of the government dont like it.


Title: Re: Advantage of BITCOIN
Post by: salita23 on June 30, 2018, 10:48:24 AM
Bitcoin have many advantages like fast transaction speed in payment, sending asset,  and also less transaction fees. Another is bitcoin can used in transferring asset between two or more countries and also paying through bitcoins provide us utmost freedom. Bitcoins can be sent to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit. Bitcoin is decentralized and no one can control or manipulate. The next one is Bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.


That is true, bitcoin has a lot of advantages that brings to the people and also in the community. Their are a lot of usage that bitcoin can accomodate. In terms of paying bills and in different transaction will do too. The transaction is very transparent to each and everyone.


Title: Re: Advantage of BITCOIN
Post by: vorseb on June 30, 2018, 10:52:27 AM
The following are some of the major advantages of using Bitcoin versus other currency systems:

No Third-Party Seizure
No Tracking
No Transaction Costs
No Risk of “Charge-backs”
Bitcoins Cannot be Stolen
Payment Freedom
Low/Minimal Fees
It’s fast
People can’t steal your payment information from merchants
Non-Inflationary

Bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.

Though it has major disadvantages.In brief "Possible Government Interference"
I agree with that and that why I believe that BTC has chance to be accepted currency in the world wide because that advantage.


Title: Re: Advantage of BITCOIN
Post by: Kurukungkwang on June 30, 2018, 11:56:48 AM
Below are some of the advantages of bitcoin:
1.  Irreversible Transactions
2.  No Paperwork
3.  Appreciating value
4.  Quick and cheap transactions
5.  Control and security
6.  Information is transparent

The advantage of Bitcoin is a big help of people in case of money transaction. While we are living in different countries and we are far from our family we can easily send money transfer through bitcoin. We can do once transaction a minutes its already done.


Title: Re: Advantage of BITCOIN
Post by: jagaban on June 30, 2018, 12:26:27 PM
That is correct. It also ensures a fast, cheap and secure means of payment and transfers. The value of bitcoin also makes it a worthy asset in itself that grows in value over time


Title: Re: Advantage of BITCOIN
Post by: littlemonny on July 01, 2018, 01:00:08 AM
Bitcoin can not be faked. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.


Title: Re: Advantage of BITCOIN
Post by: Jizel on July 03, 2018, 07:09:30 PM
Yes, all true, and not only this, but also sell weapons, drugs, transfer money for illegal business. That's why the crypto currency is so popular. Therefore, at the moment, it is so much stalled and governments want to introduce a legislative base.


Title: Re: Advantage of BITCOIN
Post by: hoasdnz77 on July 04, 2018, 09:38:55 AM
the most important + bitcoin is that it is the most reliable of all. if the cryptocurrency in the world will die, then there will only be 1 coin it will be bitcoin. every day it is harder to get bitcoin and therefore its value increases.


Title: Re: Advantage of BITCOIN
Post by: nieninja53 on August 05, 2018, 05:27:49 PM
If you are talking from the point of view of an investor then bitcoin presents a lot of features in investment which are not available in the open market including high return on profit, digital security as well as blockchain command


Title: Re: Advantage of BITCOIN
Post by: nojumkel on August 20, 2018, 06:30:39 AM
Bitcoin isn't assessable, you can execute business, send cash to any piece of this world without paying duty. In the event that you need to be mysterious it should be possible too through Bitcoin exchanges. These are all should be possible since cryptocurency exist just in the web utilizing the blockchain innovation and in light of the fact that it is decentralized no one can tracted or followed it. Life is substantially less demanding utilizing cryptocurency in any exchanges through web.


Title: Re: Advantage of BITCOIN
Post by: d2s4 on August 20, 2018, 06:42:34 AM
I am sure that the main plus of Btc is its stability and realloy high volumes and value that support its developing and thanks to these ones new people join to it.


Title: Re: Advantage of BITCOIN
Post by: csbsstudent on August 24, 2018, 12:24:07 PM
I think that Btc is so trong because it is the foundation of the cryptomarket and other cryptocurrencies depend on it, its price and everything at all.


Title: Re: Advantage of BITCOIN
Post by: Privatoria on August 26, 2018, 12:37:45 PM
The greatest advantage of bitcoin is its decentralization. It is unstable only because of its small capitalization these days. When it will be accepted everywhere as a currency, it will be very stable.


Title: Re: Advantage of BITCOIN
Post by: four199 on August 28, 2018, 02:03:29 PM

BTC possesses a serious advantage to becoming an anonymous unit. It can be said that it is most famous since it is from the first. transfer between countries. That is the advantage of these reasons. Eyes rolling


Title: Re: Advantage of BITCOIN
Post by: babaya on August 29, 2018, 01:00:49 AM
the most important + bitcoin is that it is the most reliable of all. if the cryptocurrency in the world will die, then there will only be 1 coin it will be bitcoin. every day it is harder to get bitcoin and therefore its value increases.
As a new inventions in payment platform we know that Bitcoin has a lot of advantage to us people. Bitcoin transactions are very fast if compared to banking channels. A bitcoin transaction is as fast an e-mail and can be processed with in 10 minutes. Also it can be instantly processed if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. The confirmed transactions are those which takes atleast 10 minutes to process. Credit Card or digital wallet services also provides instant approved transactions services but for this they usually charges a hefty fees, which is not in the case of Bitcoin as mentioned above. Bitcoin has very low transaction fees even for being super fast in terms of processing. What a great inventions, right?


Title: Re: Advantage of BITCOIN
Post by: sanasara on August 29, 2018, 01:14:19 AM
Actually bitcoin has many advantage it has super faster payment transaction which can be done easily by internet no third party can include in the transaction it cannot be stolen and it carried a little transaction fees. So, it is really amazing and it has many advantages as well.


Title: Re: Advantage of BITCOIN
Post by: Sanford on August 29, 2018, 02:17:59 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Well, you obsalyutno rights. Bitcoin became attractive initially for illegal ones. I, too, so shield. Millions of Cacoin Transactions. Translations from strange. And much more. ) Well, it gave its revolution.


Title: Re: Advantage of BITCOIN
Post by: mornabo on August 29, 2018, 02:27:42 AM
Actually bitcoin has many advantage it has super faster payment transaction which can be done easily by internet no third party can include in the transaction it cannot be stolen and it carried a little transaction fees. So, it is really amazing and it has many advantages as well.
Lol is a little deceptive, the current bitcoin transaction fees are very expensive when compared to other payment methods and I'm sure
many of you prefer transactions using altcoin that are cheaper in transaction fees and faster confirmation speeds, we must admit that


Title: Re: Advantage of BITCOIN
Post by: vainnew on August 29, 2018, 04:56:29 AM
Bitcoin has many advantages such as :
1. Freedom in Payment, which consists of:
-With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
-You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money.
2. Control and Security, which consists of:
- Allowing users to be in control of their transactions help keep Bitcoin safe for the network.
- Bitcoin can be backed up and encrypted to ensure the safety of your money.
3. Information is Transparent
- With the block chain, all finalized transactions are available for everyone to see, however personal information is hidden.
- Bitcoin protocol cannot be manipulated by any person, organization, or government. This is due to Bitcoin being cryptographically secure.
4. Very Low Fees
- Currently there are either no fees, or very low fees within Bitcoin payments.
5. Fewer Risks for Merchants
- With Bitcoin, merchants are able to do business where crime rates and fraud rates may be high. This is because it is very hard to cheat or con anyone in Bitcoin due to the public ledger, otherwise known as the block chain.


Title: Re: Advantage of BITCOIN
Post by: Mr.Gun on August 29, 2018, 05:04:28 AM
The advantage of bitcoint is, of course, many of them are for fast payment, and for long-term investment, it certainly gives us the advantage for the future


Title: Re: Advantage of BITCOIN
Post by: negaim on August 29, 2018, 06:36:24 AM
Transactions were never that much easier within the world .You want it you can get it in minutes whatever the amount is anywhere .You can store or save it as investment for a period.You can keep your money secret and safe with you .No need to depend on anyone.


Title: Re: Advantage of BITCOIN
Post by: Lorence.xD on August 29, 2018, 06:46:48 AM
Below are some of the advantages of bitcoin:
1.  Irreversible Transactions
2.  No Paperwork
3.  Appreciating value
4.  Quick and cheap transactions
5.  Control and security
6.  Information is transparent


    Above are well defined features of Bitcoin, these are my one cent opinion,  With entry of Crypto Currency Digital Transaction in the market, it really change the Future Market Outlook, some of the government financial institution are Critical on this entry that's the reason why they want to Regulate the said market transaction, for some reason these can be a Site to be used for illegal transaction and other Scams. Fast and effective for any market transaction.


Title: Re: Advantage of BITCOIN
Post by: asriloni on August 29, 2018, 06:57:42 AM
Actually bitcoin has many advantage it has super faster payment transaction which can be done easily by internet no third party can include in the transaction it cannot be stolen and it carried a little transaction fees. So, it is really amazing and it has many advantages as well.
Lol is a little deceptive, the current bitcoin transaction fees are very expensive when compared to other payment methods and I'm sure
many of you prefer transactions using altcoin that are cheaper in transaction fees and faster confirmation speeds, we must admit that
That's but it's even better than before the bitcoin gets the segwit upgrade but if we try to compared it with DAG coin and DAG coin transaction cost almost zero fees. Bitcoin chain is nothing compared with DAG system but it less decentralized compared with the bitcoin blockchain.


Title: Re: Advantage of BITCOIN
Post by: mrhood on August 29, 2018, 09:27:33 AM
I consider that BTC's general advantage is its too stable position on the cryptomarket thanks to its value and reached volumes. I suppose it wil be very hard to beat it.


Title: Re: Advantage of BITCOIN
Post by: vallarit11 on August 29, 2018, 09:39:39 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Cryptocurrency has a lot of advantage and uses, it makes you alot easier to make an transaction on paying your bills.


Title: Re: Advantage of BITCOIN
Post by: xdboys1 on August 29, 2018, 09:40:41 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
The advantage of bitcoin is that when you don't have any cash, you can just buy a food or anything only for those store that are accepting btc.


Title: Re: Advantage of BITCOIN
Post by: redhorsebeer1980 on August 29, 2018, 09:50:19 AM
Of all the crypto coin,Bitcoin has the advantage because it is a decentralized digital cryptocurrency that has the most popular and the highest market price value now.


Title: Re: Advantage of BITCOIN
Post by: boroda074 on August 29, 2018, 10:10:28 AM
Advantages of the top 1 coin that it can not fall immediately by 30 percent as it can do any other kind of coin!


Title: Re: Advantage of BITCOIN
Post by: USDOLLAR on August 29, 2018, 03:46:34 PM
Here is a portion of the upsides of bitcoin-It can be utilized anyplace in the world.easy cash exchanges to worldwide.No need printed material. You may do fast, shoddy and simple exchanges. Straightforwardness in data. Bitcoin can enable me to pay a few bills, give additional more cash to my family, to influence the exchange to process quicker to various fields of the world. It likewise decreases the unemployment and substantially more- -


Title: Re: Advantage of BITCOIN
Post by: Abiodun99 on August 29, 2018, 03:51:11 PM
As existing merchants will be well aware, when accepting credit card payments, or even bank payments the sender has the ability to reverse or “chargeback” the payment. There is nothing worse than sending products to a customer, only to receive a message that the payment has been reversed, you have been cheated and there is nothing you can do about it.
Bitcoin is the only payment method that is 100% irreversible and cannot be charged back. For this reason you should be careful when sending Bitcoins; be sure that you are sending them to a trusted vendor.


Title: Re: Advantage of BITCOIN
Post by: syberwolfen on August 29, 2018, 04:06:29 PM
The advantage of bitcoint is, of course, many of them are for fast payment, and for long-term investment, it certainly gives us the advantage for the future

You can make more profit comparing to other altcoins also it is trending in market and it is more popular in crypto world we can still trust and invest in BTC for long term basis.


Title: Re: Advantage of BITCOIN
Post by: Parodium on August 29, 2018, 04:15:37 PM
The truth is, Bitcoin is starting to lose its competitive edge over many other cryptocurrencies, as far as I'm aware it only has two major benefits that still remain.

1. It has possibly the most secure blockchain network in operation, simply due to the amount of miners running on its network and the number of transactions that have accumulated in the blockchain.

2. It is easily the most widely used, widely accepted cryptocurrency of all, which means it actually has utility value, unlike some superior blockchains that have functionality, but not actual utility due to have poor acceptance.


Title: Re: Advantage of BITCOIN
Post by: iram1011 on August 29, 2018, 04:19:54 PM
Many people argue that Bitcoin doesn't have any utility and hence it is a bubble. But I would like to mention here that BTC can cut a lot in remittance fees worldwide and can help in fastening the overseas transactions. Now many would counter that so does any altcoin. But BTC being the most dominant usually has a medium to convert it in fiat easily. Almost all the local exchange in any county has btc fiat pairs.


Title: Re: Advantage of BITCOIN
Post by: Lab_Rat on August 29, 2018, 05:37:56 PM
The most important advantage of Bitcoin is safety of Bitcoin. I don't talk about price of BTC. I think that chance that Bitcoin have any backdoors or weaknesses is minimal. Because BTC is already was checked by thousands of hackers.



Title: Re: Advantage of BITCOIN
Post by: jonatuzc on August 30, 2018, 06:03:06 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Being able to keep the users anonymous is the main thing, apart from that there are other advantages too but that doesn’t mean that there are no disadvantages too. Other advantages of Bitcoin includes being able to prevent fraud; unlike credit cards there is nothing like a charge back.

Another advantage is that with bitcoin you’re able to avoid identity theft; no one can steal your identity just like they will easily do when you are using a credit /debit card.

And as others said, bitcoin is fast for making transactions and that leads to immediate settlements. There are other advantages as well, but these are the main ones.


Title: Re: Advantage of BITCOIN
Post by: jordan1989 on August 30, 2018, 06:07:52 AM
There are many advantages of bitcoin for me and fo many people in the world.
Bitcoin is changing the way we live.
Bitcoin is changing the way we do business.
Bitcoin is changing the way we travel and save our money/assets.
Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties.


Title: Re: Advantage of BITCOIN
Post by: guzman on August 30, 2018, 07:08:36 AM
To keep your money safe with you BTC is the best option. If you can invest and wait for a long term then it can give you huge profit.


Title: Re: Advantage of BITCOIN
Post by: Colan Zolo on August 30, 2018, 07:18:46 AM
Saving securely with bitcoin, being able to change one's life, providing convenience in transacting quickly, this is an advantage of having bitcoin. Bitcoin has many who want it, but this must be stored safely by the holder.


Title: Re: Advantage of BITCOIN
Post by: Gromx on August 30, 2018, 07:55:17 AM
If you link the wallet with the owner of this wallet-then every single transaction can be tracked.Bitcoin is not anonymous.Therefore, it is foolish to commit illegal acts in the hope of remaining unpunished.


Title: Re: Advantage of BITCOIN
Post by: Epimetheus on August 30, 2018, 07:38:38 PM
There are lot of advantages present in bitcoin. First of bitcoin is a decentralised currency so it gives freedom to its user in their bitcoin job. Next thing is its p2p (peer to peer) transaction. Which is highly advanced untraceable and uninterrupted money transaction facility which also provide secure superfast transfer support. Another advantage of bitcoin is it online availability that means  many small businessman and online sellers accept bitcoin as payment. You can also book flights, hotels etc with bitcoin.


Title: Re: Advantage of BITCOIN
Post by: CaMeRoNy on August 30, 2018, 08:59:23 PM
The most important advantage of Bitcoin is safety of Bitcoin. I don't talk about price of BTC. I think that chance that Bitcoin have any backdoors or weaknesses is minimal. Because BTC is already was checked by thousands of hackers.

I agree, this is really one of the strengths of this coin, for which I personally love Bitcoin. In addition, Bitcoin remains and will be the main coin for a long time, so it will not be superfluous to have Bitcoin in your wallet.


Title: Re: Advantage of BITCOIN
Post by: Guxidem on September 02, 2018, 08:46:31 AM
There are parcel of points of interest show in bitcoin. First of bitcoin is a decentralized money so it offers opportunity to its client in their bitcoin work. Next thing is its p2p (distributed) exchange. Which is profoundly best in class untraceable and continuous cash exchange office which additionally give secure superfast exchange bolster. Another favorable position of bitcoin is it online accessibility that implies numerous little businessperson and online merchants acknowledge bitcoin as installment. You can likewise book flights, inns and so forth with bitcoin.


Title: Re: Advantage of BITCOIN
Post by: Toing_Jr on September 03, 2018, 02:02:59 AM
Saving securely with bitcoin, being able to change one's life, providing convenience in transacting quickly, this is an advantage of having bitcoin. Bitcoin has many who want it, but this must be stored safely by the holder.
Yes, and Bitcoin is the only payment method that is 100% irreversible and cannot be charged back. For this reason you should be careful when sending Bitcoins; be sure that you are sending them to a trusted vendor. As existing merchants will be well aware, when accepting credit card payments, or even bank payments the sender has the ability to reverse or “chargeback” the payment. There is nothing worse than sending products to a customer, only to receive a message that the payment has been reversed, you have been cheated and there is nothing you can do about it. Our life become more easy in the future. Right?


Title: Re: Advantage of BITCOIN
Post by: Rejinx on September 03, 2018, 11:46:20 AM
one of the reach of bitcoin is decentralised with blockchain application. this acknowledges each dealings to be apparent and clearly discernible and betokening profession it would be a also agreeable advantage whether they trade bitcoin


Title: Re: Advantage of BITCOIN
Post by: canej on September 03, 2018, 11:49:32 AM
Complete absence of inflation. Bitcoin coins appear with great speed, while their maximum number is strictly limited - they can not be more than 21 million. And since there is no economic or political influence on this currency, inflation does not exist either. That is why, it can be said that bitcoins are a more reliable asset than gold.


Title: Re: Advantage of BITCOIN
Post by: Abeycity9917 on September 03, 2018, 12:01:20 PM
Trade in bitcoin
Although people from the West might not see it, the cryptocurrencies do actually solve problems for citizens of many countries. Here are some issues that could stimulate demand for cryptocurrencies:
The first 3 of these points are less problematic for Europe, Japan, and the US who for instance have not seen high levels of inflation for a while but altcoins could be a guard against inflation. These countries also have free movement of capital.
3 . Benefit for sort term investment
inrease in demand increases value and it expected to increase upto some time limit so good to trade. High inflation: when prices in the shop rise quickly, it could be a good alternative to have some of the cash stored in cryptos.


Title: Re: Advantage of BITCOIN
Post by: izza123 on September 03, 2018, 12:13:33 PM
Bitcoins have open source code, but actual user data is not available. In other words, you will be able to see all the transactions, but you will not be able to find out who and where they made them.


Title: Re: Advantage of BITCOIN
Post by: passeroutpass on September 03, 2018, 12:21:38 PM
Absolutely all protocols work on a peer-to-peer system, so no bank or financial system can interfere with the operation.


Title: Re: Advantage of BITCOIN
Post by: Pejoh Asu on September 03, 2018, 12:47:42 PM
Bitcoin is the first cryptocurrency known to the world, it's natural that bitcoin users are the biggest, in my opinion crypto will be difficult to develop without bitcoin so having bitcoin is important and of course there are many advantages if we have bitcoin.


Title: Re: Advantage of BITCOIN
Post by: macit800 on September 03, 2018, 12:48:54 PM
There is no restriction on transfers, in other words, you can send bitcoins to any country in the world, and no one will be able to track your transaction.

I think also that this is the biggest benefit of Bitcoin. If you need to sent something to another country then a bank let you wait minimal 24 hours. For Bitcoin is it that you can sent it immediately.


Title: Re: Advantage of BITCOIN
Post by: Bitcoincole on September 03, 2018, 12:51:37 PM
I think all the advantages of bitcoin are already mention and i agree all of those. This is the best coin of Mr. Shatoshi Nakamoto has ever produced that until many people has benefited.


Title: Re: Advantage of BITCOIN
Post by: skish85 on September 03, 2018, 12:51:52 PM
Bitcoins can not be faked, they can be calculated in any city in the world, and the number of resources that accept them for payment is constantly growing.


Title: Re: Advantage of BITCOIN
Post by: Jayskie15 on September 03, 2018, 12:54:15 PM
The advantages of bitcoin is its User Anonymity,No Third-party Interruptions, Purchases Are Not Taxed, Very Low Transaction Fees, Mobile Payments and because of that Bitcoin users can pay for their coins anywhere they have Internet access and the best thing is personal information is not necessary to complete any transaction.

 ,

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Title: Re: Advantage of BITCOIN
Post by: ginobitcoiner on September 03, 2018, 01:02:25 PM
if bitcoin has become a global currency then all transactions using bitcoin will be better, faster, more transparent. while maintaining the confidentiality of their identity.


Title: Re: Advantage of BITCOIN
Post by: Sate Jamu on September 03, 2018, 01:07:59 PM
There is no doubt that having bitcoin will make our money value continue to increase, this is what makes me believe and invest large amounts of bitcoin because it is optimistic that prices will skyrocket.


Title: Re: Advantage of BITCOIN
Post by: Casalania on September 03, 2018, 02:44:12 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
that's right, since bitcoin is decentralized, you are the only one who has the access in all your money, no banks, and even third parties. having a transaction with anonymity is the best thing I like in bitcoin.


Title: Re: Advantage of BITCOIN
Post by: thenameisjay on September 03, 2018, 02:48:06 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Technically, the advantage of bitcoins which is anonymity and freedom is also its weakness as well. Anonymity brings about more illegal activities, which is more of a moral disadvantage, while the total freedom brings about unregulated price ups and downs, which is a economic disadvantage.


Title: Re: Advantage of BITCOIN
Post by: rinkujaglan on September 03, 2018, 03:05:22 PM
Bitcoin have secure and secrete platform to earn money, anyone can operate anywhere to work on it but internet is essential. It have a smoothly and faster way to transcation your assets and investment as per your desire coin, it is like a open market.


Title: Re: Advantage of BITCOIN
Post by: sofmyhad on September 05, 2018, 05:32:38 AM
Its being reliable for the long term holding is greates plus of BTC for my opinion. It is  nice to have a coin which will bring you money anyway in the future.


Title: Re: Advantage of BITCOIN
Post by: boljul on September 05, 2018, 05:36:12 AM
Being the first cryptocurrency in the world BTC is still number 1 after almost 10 years... During this period Bitcoin protocol is improving due to the market needs, so advantages are almost in eachits element.


Title: Re: Advantage of BITCOIN
Post by: ArtemSergeevich on September 05, 2018, 05:52:04 AM
Bitcoin is a very valuable invention, faster money transfer compared to banks, the Commission transfer a penny. Much like his translation it is impossible to track here bitcoin wins again the banks. he has all the rights to become full-fledged translation tool in the future.


Title: Re: Advantage of BITCOIN
Post by: okour999 on September 05, 2018, 05:54:41 AM
I think the advantage of bitcoin is great help for altcoin because bitcoin is connected to all altcoin so it's good to use to make the altcoin price even higher as I see it as I see the price increase bitcoin also increases the price of altcoin so it knows the advantage of bitcoin in altcoin.


Title: Re: Advantage of BITCOIN
Post by: doomistake on September 05, 2018, 08:05:24 AM
Its being reliable for the long term holding is greates plus of BTC for my opinion. It is  nice to have a coin which will bring you money anyway in the future.

Yes it is, nothing more nothing less. Investing in bitcoin is the most safe way of earning money, even if you are sleeping you have the assuring feeling that your money won't go anywhere, you have the assurance that it could give you the profits you've been looking for that you can't find on other coins. Bitcoin gives us the opportunity to become a money earner anytime, even if we are just minor, we could earn cryptocurrency such as bitcoin.

And not just an earner, a big amount of money we could earn in bitcoin is the thing we can't do in fiat, for example, we could process transactions a lot more faster than using fiat, we could be self-assured that we are completely anonymous when we are using bitcoin compare using fiat.


Title: Re: Advantage of BITCOIN
Post by: Btcalimie on September 05, 2018, 08:08:03 AM
The advantage of bitcoin in the market is it has already established its foundation. When the market goes up it has become the most highlighted coin which shines over the altcoins.


Title: Re: Advantage of BITCOIN
Post by: aldencio on September 05, 2018, 08:10:04 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
bitcoin has a lot of things we shoyld rwspect and they make it one of thw best cryprocurrenxy nowadays


Title: Re: Advantage of BITCOIN
Post by: Papcio77 on September 05, 2018, 08:16:17 AM
Additional,  bitcoin is the first or leading currency since crypto was born so all user will use this coin for withdrawal until this day come on. As the oldest currency i think it never beaten up by just new created idea somewhere. Bitcoin has all advantage so cant imagine things turn out


Title: Re: Advantage of BITCOIN
Post by: belingbanged on September 05, 2018, 08:19:44 AM
There are many benefits that you can get from bitcoin. Bitcoin is one of the most reliable coins in this regard. But there will be many obstacles for you to reach the maximum level of satisfaction from the benefits. The increase in bitcoin is not done on a daily basis, it will increase significantly. So you must be active in monitoring bitcoin prices and also wait patiently.


Title: Re: Advantage of BITCOIN
Post by: yansen on September 05, 2018, 08:40:14 AM
this is the advantage of bitcoin, but this is also a weakness of bitcoin. because many transactions with anonymous and illegal goods are carried out by bitcoin. Bitcoin can indeed send money without intermediaries, but to convert into money, Bitcoin requires an intermediary. so I think that also requires a middle man.


Title: Re: Advantage of BITCOIN
Post by: kenborbs on September 05, 2018, 09:21:21 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.



Besides the feature and technology of Bitcoin, for me the best advantage of it is that many developers/countries/investors/people supporting on it. Meaning, the future of bitcoin is very clear that it will be last forever and it will never fall down of course there are instance that Bitcoin is turning red but it will recover soon since it is the best cryptocurrency in the market today.


Title: Re: Advantage of BITCOIN
Post by: Defimwh on September 05, 2018, 09:22:54 AM
Other advantages are also transparent, there is no human intervention and can not be manipulated by human data


Title: Re: Advantage of BITCOIN
Post by: godspree on September 05, 2018, 09:25:14 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
The main advantage of bitcoin is freedom in payments.With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money.
You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.


Title: Re: Advantage of BITCOIN
Post by: Marusia22 on September 05, 2018, 09:32:04 AM
The advantage is that it is a decentralized control system. This is an uncontrolled system. No one can track the remittances. This is the most good system. Especially if translations with huge amounts of money.


Title: Re: Advantage of BITCOIN
Post by: labhsikh123 on September 05, 2018, 09:56:52 AM
Bitcoin is secure for the investment. There is no third party option. It is fast than others coin. Nobody can't steal your information for the payment.
Its cost very low. If we thought, it is beneficial for all purpose.


Title: Re: Advantage of BITCOIN
Post by: ligerti on September 06, 2018, 07:53:44 AM
Among the main advantages I highlight - low commissions, high speed and security of transactions with open source. There is no single regulator here that can impose its policies and restrictions. Everyone can conduct their transactions and at the same time keep their identity secret.


Title: Re: Advantage of BITCOIN
Post by: alex3.alex03 on September 06, 2018, 08:02:29 AM
The advantage of bitcoin in its reliability. Despite the fact that the technical side of bitcoin has long been obsolete, most investors invest it, considering it more reliable and guaranteed.


Title: Re: Advantage of BITCOIN
Post by: ClaimMBTC on September 06, 2018, 08:29:51 AM
bitcoin is a easy to earn more money and it is fast transaction, here main advantage no any administrator so where bitcoins could be sent user to user, then cannot easily hack bitcoin wallet for any people.


Title: Re: Advantage of BITCOIN
Post by: betece777 on September 06, 2018, 09:02:23 AM
true because this is bitcoin is still considered illegal by some countries because of this, in my country bitcoin is illegal because the fear of bitcoin will be used as a money laundering tool by corruptors and people who are lazy to pay taxes, the government can trace who the owner and bitcoin holders


Title: Re: Advantage of BITCOIN
Post by: bitcoindusts on September 06, 2018, 09:54:00 AM

That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.


Its really a sad thing seeing people use good technology for such dubious and scammish activities. When cryptocurrency gifted us the transactional attribute of pseudonymity, the goal was to bring back to the users the power of privacy against entities that intends to collect and take advantage of our information and financial activities.

It was not to conceal our identities to be able to perform such shady and illegal activities. I do hope those people change for the better and help shape up the crypto community in to a better form.


Title: Re: Advantage of BITCOIN
Post by: jankekek on September 06, 2018, 09:59:06 AM
There are so much advantage of bitcoin than other cryptocurrencies when you invested on it. Bitcoin is the most rated crypto among all of them and the foundation of cryptocurrency industry. Bitcoin can be use to buy real life things or can be easily converted on cash because of it's compatibility in the specific country's wallet used by the crypto users.


Title: Re: Advantage of BITCOIN
Post by: huisachecrypto on September 06, 2018, 04:07:35 PM
There are some advantages of Bitcoin that I can't describe one by one. That is Freedom of Payment, Can choose your own costs, Low risk for sellers, Transparent and neutral. That's all I can give you about information about the excess of Bitcoin for Crypto Users.


Title: Re: Advantage of BITCOIN
Post by: danfred on September 06, 2018, 05:04:47 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
BTC really remains the real leader of crypto due to significant development and undoubted advantages. Personally, I will highlight the high speed of transactions, the low amount of commissions, the possibility of anonymous transactions and the absence of a single regulator in the market.


Title: Re: Advantage of BITCOIN
Post by: hellyeahent on September 06, 2018, 05:13:35 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
Now I mainly work with BTC, taking into account its undoubted advantages for the market and participants. Including I highlight the reliability and regular appreciation of coins, the ability to quickly and cheaply conduct transactions, the lack of any documents, the complete freedom of anonymous actions.


Title: Re: Advantage of BITCOIN
Post by: Dancing_Lion on September 06, 2018, 05:22:27 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
I am pleased with the absence of a single regulator and control over the conduct of my transactions. All transactions are cheap, fast and easy to use. In this regard, now I do not see worthy competitors BTC. The commission is very low, it is very convenient to carry out transactions, guaranteed reliability and anonymity of work in the market.


Title: Re: Advantage of BITCOIN
Post by: o_pauers on September 06, 2018, 08:34:47 PM
bitcoin is not that already anonymous and it's been known for a long time, now there are many other coins that are much better than it. but no matter who is better - who is the first!


Title: Re: Advantage of BITCOIN
Post by: mari12 on September 09, 2018, 12:29:47 PM
I think that there are quite a good number of advantages that bitcoin has over the other coins, this is one of the reasons it is dominating in the industry, and will keep doing so for a long time. Bitcoin is not just the most rated coin, but a lot of persons will consider it as the safest coin in the market too. Another advantage it has is thee millions of supporters that it has behind it.


Title: Re: Advantage of BITCOIN
Post by: Lorik777 on September 09, 2018, 12:36:26 PM
Limited number of Bitcoins. This makes Bitcoin promising for growth and investment. In addition to being a fast and reliable means of payment, Bitcoin is still a good tool for investing.


Title: Re: Advantage of BITCOIN
Post by: Peashooter on September 09, 2018, 12:50:33 PM
This is a very good point because I think bitcoin is only coin which rises day by day and give more profit to the customers.
Bitcoin is the only coins that give high profit cause the value is increasing day by day that's why many investors interested to join in bitcoin. Investing in bitcoin is good choice even facing the risk it always on top value.


Title: Re: Advantage of BITCOIN
Post by: Franky2tor on September 09, 2018, 12:51:54 PM
Bitcoin can not be faked. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.


Title: Re: Advantage of BITCOIN
Post by: laredo7mm on September 09, 2018, 12:54:24 PM
This is a very good point because I think bitcoin is only coin which rises day by day and give more profit to the customers.
Bitcoin is the only coins that give high profit cause the value is increasing day by day that's why many investors interested to join in bitcoin. Investing in bitcoin is good choice even facing the risk it always on top value.

An advantage if we invest in bitcoin. as we know now that the current bitcoin prices are decreasing. and bitcoin is a pillar of the role of altcoin prices. if it does experience a price decline


Title: Re: Advantage of BITCOIN
Post by: peterpeterpeter on September 09, 2018, 12:59:30 PM
I also thinking that the main advantage of bitcoin is to live in a progressive countries who are accepting bitcoin without using fiat money.


Title: Re: Advantage of BITCOIN
Post by: Oltort on September 09, 2018, 01:06:08 PM
Bitcoin can not be faked. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.
There is a lot about Bitcoin that you might not know. Bitcoin is really vulnerable to attacks.


Title: Re: Advantage of BITCOIN
Post by: Emanammy on September 09, 2018, 01:13:10 PM
It's transaction speed is fast.it transfer assets between countries.its transaction cost is free.it is secure no third party is allowed.


Title: Re: Advantage of BITCOIN
Post by: wallstone on September 09, 2018, 03:23:26 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Bitcoin do have many advantage. One of this is the faster way of transaction since kt hapoens in digital form. No more forms need to filled up, no more long lines to wait up, no more id's needed. You are safe from robbers since your identity is unknown no people known that you have many money since it is digital.


Title: Re: Advantage of BITCOIN
Post by: Vsamuel on September 11, 2018, 11:25:10 AM
So far i think the major advantage of Purchasing and holding Bitcoin is the investment dividend that it yields during very good season in the crypto market.  In the absence of this, i aint sure there is any worthwhile advantage of using bitcoin.


Title: Re: Advantage of BITCOIN
Post by: bitcoinpeople2 on September 18, 2018, 11:45:29 AM
I think that one of the advantages that bitcoin has, and a lot of person will agree with it is its popularity and its anonimity. Many people will agree with these cos a lot of other persons particularly newbies are drawn to this coin cos of these pecularities, and It is one of the reason why the coin is standing top amongst others.


Title: Re: Advantage of BITCOIN
Post by: Eyjeyy on September 18, 2018, 12:00:28 PM
Bitcoin have numerous preferences like quick exchange speed in installment, sending resource, and furthermore less exchange charges.

Another is bitcoin can utilized in exchanging resource between at least two nations and furthermore paying through bitcoins give us most extreme opportunity.

Bitcoins can be sent to any individual in any piece of the world.

Bitcoin is decentralized and nobody can control or control.

The following one is Bitcoin exchanges are totally mysterious and private.

Not at all like in installments through bank, where the exchanges can be followed and distinguished, bitcoin exchanges can't be recognized.


Title: Re: Advantage of BITCOIN
Post by: drants on September 18, 2018, 04:20:07 PM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
for me advantage of it is in its popularity, therefore it is admitted in many places. and of course this wonderful feeling that nobody can identify who you are and what you buy


Title: Re: Advantage of BITCOIN
Post by: silentgenius on September 18, 2018, 04:38:55 PM
Bitcoin have many benefits to us.Btc was already accepted and use to many country like here in the Philippines and it was a higher price value among all cryptocurrencies.It was use for investment and trading.Accessible to all and always standing us a number one high value.


Title: Re: Advantage of BITCOIN
Post by: Hammonds on October 08, 2018, 04:35:06 AM
If you think about illegal transactions, the results are also illegal and if used for good, the results will be good too.
Bitcoin is used a lot for good and many for crime, including we choose it for what is the purpose of the Bitcoin trade.


Title: Re: Advantage of BITCOIN
Post by: onyek16M on October 08, 2018, 04:47:33 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
for me advantage of it is in its popularity, therefore it is admitted in many places. and of course this wonderful feeling that nobody can identify who you are and what you buy
the advantages of the Bitcoin is indeed very much. Moreover, with the increasing development of these very capable to count on it as the main coins that yield much profit on the rise with over time. so more and more features will be more profitable Bitcoin.


Title: Re: Advantage of BITCOIN
Post by: tisumagic on October 08, 2018, 08:50:10 AM
Bitcoin have many benefits to us.Btc was already accepted and use to many country like here in the Philippines and it was a higher price value among all cryptocurrencies.It was use for investment and trading.Accessible to all and always standing us a number one high value.
It is appropriate this time that the price is too often moved and the volume is large on the market is bitcoin, becaause usage is recognized in some countries, even though the shipping costs are quite expensive


Title: Re: Advantage of BITCOIN
Post by: Layers318 on October 08, 2018, 09:00:53 AM
Bitcoin offers low cost for transactions which can also be tracked on the Blockchain. Bitcoin allows users to own control over their transactions, thus, eliminate any third party interruptions. Bitcoin also offer financial satisfaction as it serves as an investment avenue for ts users to earn much profit.


Title: Re: Advantage of BITCOIN
Post by: handini on October 08, 2018, 09:39:40 AM
It's transaction speed is fast.it transfer assets between countries.its transaction cost is free.it is secure no third party is allowed.
in my opinion, the advantages of bitcoin are exchanges and mining that get enough money to invest again and more profit for the future.


Title: Re: Advantage of BITCOIN
Post by: Mia Wallace on October 08, 2018, 09:45:15 AM
Bitcoin is an electronic asset which is found much contrary to the current concept of the economy in which we follows at present.It is a decentralized one so there will not be any government control over it and anonymous and there will not any third party interference and which can be operated world wide.The intention of the inventor is to provide  a strong currency to the global community for their daily requirements. It is an investment tool, a good media for the speedy transactions, for the payments and can be used for the service bill payments etc.


Title: Re: Advantage of BITCOIN
Post by: nianastasia62 on October 08, 2018, 01:06:31 PM
It is very convenient that you do not need to contact a third party to make a transaction, the developers have only to solve the problem with scaling ! Transactions should have been faster than at the moment !


Title: Re: Advantage of BITCOIN
Post by: chikucrypto on October 10, 2018, 04:06:37 AM
I think the main advantage of bitcoin is that your money is in your hands and there is no need of any third person.Secondly you can do easily trade in the world anywhere with bitcoin. It is available everywhere.


Title: Re: Advantage of BITCOIN
Post by: befriendmywater on October 10, 2018, 04:09:06 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
right. That is why so many criminals around the world are gathering in this market a lot. But not most of the transactions are done here. They trade in deepweb and the government can not access and recognize that amount. Here is a benefit and also a defect.


Title: Re: Advantage of BITCOIN
Post by: triasel on October 10, 2018, 04:34:24 AM
Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.
for me advantage of it is in its popularity, therefore it is admitted in many places. and of course this wonderful feeling that nobody can identify who you are and what you buy
the advantages of the Bitcoin is indeed very much. Moreover, with the increasing development of these very capable to count on it as the main coins that yield much profit on the rise with over time. so more and more features will be more profitable Bitcoin.
discuss the advantage of Bitcoin is certainly an awful lot when things continue to increase and many Bitcoin enthusiasts who continue to support its development. In addition to the large number who liked the Bitcoin will very good and makes it easy to exchange coins with Bitcoin.


Title: Re: Advantage of BITCOIN
Post by: GmBoom on October 10, 2018, 06:47:33 AM
Bitcoin is a good coin, when you make transactions, especially online, you don't need a midman, with the bitcoin blockchain, do the work. This coin is great. No doubt this coin is in the first spot in the coinmarketcap.


Title: Re: Advantage of BITCOIN
Post by: Aroma92 on October 10, 2018, 07:08:35 AM
 Bitcoin is inferior to many coins, and not so anonymous bitcoin. But bitcoin will not go anywhere it will remain because it is the first cryptocurrency. Bitcoin will be like a rare car.


Title: Re: Advantage of BITCOIN
Post by: Rashid555 on October 10, 2018, 07:55:05 AM
For rich people there are much problems in the world like the first one is to hide their wealth from government to free from taxes while other to keep them secret from counting the exact figure of their wealth and many more advantages like to invest your funds in crypto for profits.