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Author Topic: what you like best in Bitcoin ?  (Read 162312 times)
bobc1994 (OP)
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June 28, 2015, 05:12:58 PM
 #1

for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.

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June 28, 2015, 05:15:46 PM
 #2

For me its the low transaction fees, the fast confirmations and games are accepting it more and more now
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June 28, 2015, 05:23:27 PM
 #3

BTCBTCBTC

sorry i cant pick one - it is everything.

BTCBTCBTC

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June 28, 2015, 05:24:39 PM
 #4

Instantaneous  transaction is one of the best feature of Bitcoins along with minimal transaction fee i.e very low transaction fee.

It is also decentralized. No possibility of getting hitby chargebacks is also one of the features I like about bitcoin.

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June 28, 2015, 05:26:21 PM
 #5

It would be pretty cool without Gavin.
So currently i like best about Bitcoin that i don't have to use it and can use some other coin instead without Gavin-drama.
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June 28, 2015, 05:29:02 PM
 #6

for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.

A lot of things , few of them : Annonymus and I don't have to share my real informations (but it's starting to get screwed because of exchanges) , Fast transactions and low fees too .
But most of all , I like it because I don't have to deal with Paypal bullshits or other payment methods . (Limited account)

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June 28, 2015, 05:29:10 PM
 #7

for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.

pretty much everything and the same has you, being able to be my own bank, look for opportunities to generate bitcoin, offer some of my skills to gain bitcoin, trading, buying and selling, business opportunities which is pretty much big right now, one thing i do hate is not being able to mine in the beginning Smiley

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June 28, 2015, 05:34:01 PM
 #8

Intercontinental feeless* money recieve&send function.

feeless*: a few cents might be accepted as feeless.
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June 28, 2015, 05:37:29 PM
 #9

the annonymity, fast transaction, low transactions fee,
actually I like everything about bitcoin. And no chargeback like pp Grin

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June 28, 2015, 05:40:14 PM
 #10

I like its potential. There are so many applications that have barely been thought of yet. That's what is truly exciting.
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June 28, 2015, 05:40:44 PM
 #11

many web service accept payments in the form of bitcoin
and some even sell their home for the stuff

I like bitcoin.  Wink
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June 28, 2015, 05:47:17 PM
 #12

For me, its every thing. The man who is giving more than 15 hours a day to bitcoin i think that is every thing fir that person. It privide me good income monthly, thats why im happy with that. The most awesome things of bitcoin is that i can save it and no one can steal it.

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June 28, 2015, 06:06:50 PM
 #13

For me, its every thing. The man who is giving more than 15 hours a day to bitcoin i think that is every thing fir that person. It privide me good income monthly, thats why im happy with that. The most awesome things of bitcoin is that i can save it and no one can steal it.

15 hours a day? I only 5-7 hours a day...
Bitcoin is my second income now Cheesy
with bitcoin I can buy my smartphone.. Grin

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June 28, 2015, 06:18:31 PM
 #14

for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.

pretty much everything and the same has you, being able to be my own bank, look for opportunities to generate bitcoin, offer some of my skills to gain bitcoin, trading, buying and selling, business opportunities which is pretty much big right now, one thing i do hate is not being able to mine in the beginning Smiley

There are pitfalls to being your own bank.

Ultimately you have to cash it out, as it stand right now. And if you do a large cashout to your bank account, the government'x tax agency will be on you like a hawk for not having declared the money.

Think Al Capone.
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June 28, 2015, 06:20:05 PM
 #15

I like the low fee and the fact that I can send $10  or $1000 with the same fee from right here to any part of the world.

 

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gentlemand
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June 28, 2015, 06:21:01 PM
 #16


There are pitfalls to being your own bank.

Ultimately you have to cash it out, as it stand right now. And if you do a large cashout to your bank account, the government'x tax agency will be on you like a hawk for not having declared the money.

Think Al Capone.

Pay the tax then?

People seem to think because it's magic internet money it's tax free. Nope. Just the same as anything else. I'd fully expect to be taxed on the capital gains if I auctioned my vintage tampon collection.

The court isn't going to be very interested in someone pleading 'but it's, like, on the internet and stuff.'
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June 28, 2015, 06:25:24 PM
 #17



There are pitfalls to being your own bank.

Ultimately you have to cash it out, as it stand right now. And if you do a large cashout to your bank account, the government'x tax agency will be on you like a hawk for not having declared the money.

Think Al Capone.

Well is not like we are looking to break the law and take to the bank over 10k usd with out proof of generating income, we all have to pay taxes specially if your self employee or Independent, every most operate with the law at all times.   

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June 28, 2015, 06:29:26 PM
 #18

For me, its every thing. The man who is giving more than 15 hours a day to bitcoin i think that is every thing fir that person. It privide me good income monthly, thats why im happy with that. The most awesome things of bitcoin is that i can save it and no one can steal it.

15 hours a day? I only 5-7 hours a day...
Bitcoin is my second income now Cheesy
with bitcoin I can buy my smartphone.. Grin

This is i think who spending the most time on this forum, has none with the social life.
I think Bitcoin is best due to these reason
1. I can use it anonymously
2. I can send money anywhere with low fees
3. I can make as much as i can
4. I can buy anything online with bitcoin
5. I can save my fiat money as bitcoin in a cold storage so no one can steal it, because theef dont have any idea about BTC lol
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June 28, 2015, 06:31:28 PM
 #19

While I have bitcoin, I am partley out of the bankers trap and this amongst a lot of other things is what I like best about bitcoin (our own bank) there is far to many things I like about it to name just one but I've gave it a go Smiley
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June 28, 2015, 06:32:59 PM
 #20



There are pitfalls to being your own bank.

Ultimately you have to cash it out, as it stand right now. And if you do a large cashout to your bank account, the government'x tax agency will be on you like a hawk for not having declared the money.

Think Al Capone.

Well is not like we are looking to break the law and take to the bank over 10k usd with out proof of generating income, we all have to pay taxes specially if your self employee or Independent, every most operate with the law at all times.   

yup, both you and gentlemand are correct, but you're probably two of the few people who understand this. Many people will fall to this trap when they cashout a large chunk of btc to their bank accounts.

We are only hearing of recent cases and occurrences, like the guy who bought a house with his btc, and the other guy cashed the btc out in one fell swoop. Or the sheep darknet market guy, who was doxxed and thought he was in the clear.

Etc. etc.
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