 Show Posts
|
|
Pages: [1]
|
benefit felt by this bitcoin, very impact in economy, by know bitcoin we can make money, besides we also know how bitcoin work system.
hi and welcome to bitcoin  major benefits of bitcoins are: 1.Irreversible Transactions. 2.No Paperwork. 3.Appreciating Value 4.Quick and Cheap Transactions thankyou |
|
|
|
I think other banks do fear of cryptocurrencies and some are not. Because other banks have transact and process involved in cryptocurrencies. And I think in the near future he other banks who have fear about it will not be fear anymore.
hi and welcome to bitcoin Bankers are afraid of Bitcoin’s impact as it will lead to ripples across the financial sector, it will create new winners and losers, and it will likely decentralize banking services and create micro markets to an extent not seen since the advances of the barter economy and the market economy combined. thankyou |
|
|
|
Well it depends on the country, in most places bitcoin isn't regarded as currency so it's never paid to tax it
hi and welcome to bitcoin if the bitcoins were held for more than a year, long-term capital gains tax rates are applied. ... Thus, individuals pay taxes at a rate lower than the ordinary income tax rate if they have held the bitcoins for more than a year. thankyou |
|
|
|
Well we don't know if this guy is an imaginary or real, here with us living in this planet. Although, thanks to Mr. Satoshi Nakamoto, that bitcoin had been made, providing people profits, increasing it also. This guy is still a living mystery to us after all.
hi and welcome to bitcoin Satoshi Nakamoto is closely-associated with Bitcoin and the Bitcoin blockchain technology.he is the biggest pioneer of cryptocurrency.Satoshi Nakamoto was involved in the early days of bitcoin, working on the first version of the software in 2009. Communication to and from Nakamoto was conducted electronically, and the lack of personal and background details meant that it was impossible to find out the actual identity of Nakamoto. Nakamoto’s involvement with bitcoin tapered off in 2011. thankyou |
|
|
|
yes it is. it will not become popular if bitcoin community are not secure. the only thing that you to avoid are those who scammers. so be careful don't be careless
hi and welcome to bitcoin Although Bitcoin is a purely digital currency, it can be kept secure in analog form. Paper wallets can be used to store Bitcoins offline which significantly decreases the chances of the crypt- o-currency being stolen by hackers or computer viruses.so to be careful and dont worry bitcoin is secure thankyou |
|
|
|
Its very hard question right now ?
May be the price touch sky or fallen down .. But its not too late to buy if you want to hold it for lil bit long time ...You must get a good return
hi and welcome to bitcoin no its not late to buy bitcoin now because now bitcoin price is rising every minute so its the best time to invest and buy bitcoin fot better investment. thankyou |
|
|
|
Bitcoin helps us link together through online groups. It helps us generate more income and also helps us gain more knowledge in a new economic sector. I think in the future we will see Bitcoin being widely developed around the world and everyone will surely know Bitcoin.
hi and welcome to bitcoin There are so many advantages of bitcoin.some of them are mention below: 1.One of the major advantages of Bitcoin is that sales taxes are not added onto any purchases. 2.One of the most widely publicized benefits of Bitcoin is that governments, banks and other financial intermediaries have no way to interrupt user transactions . 3.Like with many online payment systems, Bitcoin users can pay for their coins anywhere they have Internet access. 4.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. thankyou |
|
|
|
In my own perspective I think the big difference between the bitcoin and real money is its monetary value.
The real money has fix value by itself wherein no matter what happen it will remain stable unlike in bitcoin as years goes by it increase the market value resulting to a instant investment.
hi and welcome to bitcoin Bitcoin is a virtual currency. It doesn’t exist in the kind of physical form that the currency & coin we’re used to exist in. It doesn’t even exist in a form as physical as Monopoly money. It’s electrons – not molecules. thankyou |
|
|
|
Bitcoin is the digital money and one of the thing that will become game changer in the future. Bitcoin is not controlled by anybody even the government or either an organization doesn't control bitcoin so it is completely freedom and because of bitcoin we can easily earn money without going out from our house and by just the help of the internet and our computer we can be millionaire through bitcoin.
hi and welcome to bitcoin Bitcoin is a digital currency that uses decentralized technology for secure payments and storing money that doesn't require banks. Transactions are made without middle men, so there are no transaction fees and no need to give your real name. Bitcoins can be used to buy merchandise anonymously. In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Some people just buy bitcoins as an investment, hoping that they’ll go up in value. thankyou |
|
|
|
I think somehow it is dangerous because due to technology, so many hackers are out there trying to ruin everything. Everything is dangerous in this world and sometimes it also depends on how the user handles bitcoin accounts.
hi and welcome to bitcoin Bitcoin basically involve risk which is somehow considered as dangerous so the Biggest Risk of Investing in Bitcoin is it’s instability. You do not know, whether you are going to get huge profit or huge loss. Definitely people are making really good profits out of BTC trading / mining. But still you never know when this Bitcoin bubble will burst and your all investment goes to ZERO.We know that Bitcoin platform is the bed of roses, but the reality is quite different. Bitcoin has a lot of risks as well. but it depend upon the user that how it take it . so overall its not dangerous,its all opposite as bitcoin changed finances of many people on the good side. thankyou |
|
|
|
We only really use offline wallets if we are planning to store a big amount of currency in it, but for daily use using an online wallet would be more useful as it makes transactions a lot easier.
hi and welcome to bitcoin One of the benefits of having an online wallet is that you can access it from anywhere in the world provided you are connected to a reliable internet connection. Apart from encryption, the wallet information is protected with a password that you choose.Whereas the offline wallets operate just like the contemporary or traditional wallets. All the wallet data or information is stored locally on your personal computer. Unlike the online wallet, you do not need an internet connection to access the wallet and transact. thankyou |
|
|
|
Bitcoins are used as online payment for transactions, you can order and buy whatever you want as long as the seller accepts bitcoins as payment, also many people use bitcoin as an investment fund.
hi and welcome to bitcoin you can use Bitcoin for more than just questionably ethical services. Bitcoin Magazine offers a long list of options that includes everything from music downloads to gift cards to clothing. While you can't spend your digital cash anywhere, several options exist for you to use your Bitcoins as you please. thankyou |
|
|
|
Bitcoin has a bunch of benefits when compared to fiat. Basically there are no advantages for fiat right now, except for adoption and fungibility.
hi and welcome to bitcoin Bitcoin has numerous benefits and advantages over using localized currency. 1.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.basically no paper work is needed. 2.When making a Bitcoin transfer the fees are extremely low compared to conventional methods of moving money. 3.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. 4. sales taxes are not added onto any purchases. thankyou |
|
|
|
|
