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Author Topic: What do you like best about bitcoin?  (Read 173783 times)
n0ne
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December 17, 2016, 10:31:28 AM
 #341

Bitcoin opened a new understanding of the currency, why the government issued a certain currency? Why people can not choose their own favorite "currency" as currency to trade, as with the choice of their favorite people get married? Believe that the development of society will be realized.
hmmm honestly your opinion really makes sense, but if people could choose any currency as they wish i think it's just gonna make the situation be a chaos. in my opinion bitcoin is the perfect form of E-Currency that have been projected and discussed for long time ago. bitcoin provide you a freedom in financial system. provide you an easy and fastest way for intercompany transaction.

Yeah, anyone can have his bitcoin even if he is just a minor or whatever age he is. As long as he knows how to earn it no one can stop him to earn bitcoin. Bitcoin gave equal opportunity to everyone to earn his own bitcoin. And with the huge value of bitcoin makes people inspired to have it.

This is why bitcoin is so awesome for everyone unlike other earning money needed to qualify the earner by their ages, so in bitcoin, they let all earn.


That's true, bitcoin has given everyone the earning access without any age restrictions. Also till date something that evolved as a payment gateway haven't reached high similar to bitcoin. This along with the increased price seems to be the best about bitcoin, also the volatality is an attraction for traders to benefit good.

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December 17, 2016, 10:58:52 AM
 #342

What i like most about bitcoin is, it is easy to use easy to send and receive and most of all don't have TAX hehe
and also its idea of anonymity and it doesn't have any age restriction and you can send money to everyone all over the world in an instance

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December 17, 2016, 11:45:08 AM
 #343

The best thing I like about the bitcoin is that its anonymous and that you can use it globally everywhere on the world these days.
bitcoin is anonym so only you who knows what would you do with your bitcoin (legal or illegal activity)
and to me as there are so many good feathers of bitcoin but to me i i think the decentralization character of bitcoin is the best, as bitcoin can be use anywhere in the world having same value.
I think there is a shortage also on decentralization. you will not be able to do anything when you lose because bitcoin wallet successfully hacked, you could not ask for accountability to anyone because bitcoin is decentralization
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December 17, 2016, 12:02:23 PM
 #344

One of the features I like about bitcoin is the anonymity of transactions  and the low fees we get to pay regardless of amount to be sent
 

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December 17, 2016, 01:42:17 PM
 #345

One of the features I like about bitcoin is the anonymity of transactions  and the low fees we get to pay regardless of amount to be sent
 

But sometimes the transaction takes a very long time to be finished. And it is a hassle to us if we really need that money immediately. Even if we pay some big fess still the transaction takes some time to finished. Anonymity of transaction is also not good because bad people will take the advantage of it.
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December 17, 2016, 02:00:16 PM
 #346

i feel like bitcoin is a great investment  Grin
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December 17, 2016, 02:20:39 PM
 #347

i feel like bitcoin is a great investment  Grin

Yap,that's very true.Holding bitcoin is very very good investment with less risk.Since bitcoins price is increasing and making more people interest on bitcoin, it's have a bright future.Investing on bitcoin will give you good profits in very short time.
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December 17, 2016, 02:40:55 PM
 #348

i feel like bitcoin is a great investment  Grin

I heard many people saying Bitcoin shouldn't be considered by us as being an investment. I thought that is not a good idea too, but now I think it is. Although we are saving a lot of money and that keeps a big amount of BTC frozen, we're going to use all that amount (or the biggest part of it) as soon as the price will rise. What does that mean? Considering the fact that probably millions of Bitcoins are frozen right now in savings accounts, putting them into movement means another price boost for Bitcoin. So imagine a few millions of Bitcoin not in move, a price of $2000 and then suddenly a big part of the saved money starts to move. That would boost the price to AT LEAST $2500!
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December 17, 2016, 02:46:44 PM
 #349

What i like about bitcoins is their efficiency and especially its freedom, bitcoin is freedom.
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December 17, 2016, 02:56:44 PM
 #350

i feel like bitcoin is a great investment  Grin

I heard many people saying Bitcoin shouldn't be considered by us as being an investment. I thought that is not a good idea too, but now I think it is. Although we are saving a lot of money and that keeps a big amount of BTC frozen, we're going to use all that amount (or the biggest part of it) as soon as the price will rise. What does that mean? Considering the fact that probably millions of Bitcoins are frozen right now in savings accounts, putting them into movement means another price boost for Bitcoin. So imagine a few millions of Bitcoin not in move, a price of $2000 and then suddenly a big part of the saved money starts to move. That would boost the price to AT LEAST $2500!
Your idea does have possibilities that might happen into bitcoin but we cant really assure of the exact things specially to those people who holds too much amounts of bitcoin.I could say that bitcoin is also considered as an investment on just holding on it for long term since we are creating profits without doing anything and thats the best thing about bitcoin even those cant give those increase rate to your money.

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December 17, 2016, 03:12:04 PM
 #351

i feel like bitcoin is a great investment  Grin

I heard many people saying Bitcoin shouldn't be considered by us as being an investment. I thought that is not a good idea too, but now I think it is. Although we are saving a lot of money and that keeps a big amount of BTC frozen, we're going to use all that amount (or the biggest part of it) as soon as the price will rise. What does that mean? Considering the fact that probably millions of Bitcoins are frozen right now in savings accounts, putting them into movement means another price boost for Bitcoin. So imagine a few millions of Bitcoin not in move, a price of $2000 and then suddenly a big part of the saved money starts to move. That would boost the price to AT LEAST $2500!
Your idea does have possibilities that might happen into bitcoin but we cant really assure of the exact things specially to those people who holds too much amounts of bitcoin.I could say that bitcoin is also considered as an investment on just holding on it for long term since we are creating profits without doing anything and thats the best thing about bitcoin even those cant give those increase rate to your money.
Well agree we can say that holding bitcoin is investment because the price of bitcoin is unpredictable and we are seeing that the price of bitcoin is keep increasing.. we can also use bitcoin for shopping but we are just also getting the benefits of bitcoin because the price is always increasing and if we miss it if the price jump more than x2 we lose our opportunity to get that benefits.
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December 17, 2016, 03:19:38 PM
 #352

What i like most about bitcoin is, it is easy to use easy to send and receive and most of all don't have TAX hehe
and also its idea of anonymity and it doesn't have any age restriction and you can send money to everyone all over the world in an instance

Yeah I agree with you, not only can bitcoin solve the problem of tax but also give more freedom for users. But I think that bitcoin also has a bigger advantage which is the profit we can gain from fluctuating bitcoin's price. As it tends to be rising most of the time, and if you have enough patience, it can be sure that you'll get a huge amount of profit.
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December 17, 2016, 03:24:49 PM
 #353

Will not be frozen, unable to track, without tax, transaction costs are very low.
Why you are such sure that bitcoin will not be frozen? I think it's possible to happen. Bitcoin is high risk currency because of it's not stabile and hasn't support from the government. Bitcoin surely can be banned by government in the case if it will be known that it used for something extrimal bad as terrorism.
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December 17, 2016, 03:28:57 PM
 #354

i feel like bitcoin is a great investment  Grin

I heard many people saying Bitcoin shouldn't be considered by us as being an investment. I thought that is not a good idea too, but now I think it is. Although we are saving a lot of money and that keeps a big amount of BTC frozen, we're going to use all that amount (or the biggest part of it) as soon as the price will rise. What does that mean? Considering the fact that probably millions of Bitcoins are frozen right now in savings accounts, putting them into movement means another price boost for Bitcoin. So imagine a few millions of Bitcoin not in move, a price of $2000 and then suddenly a big part of the saved money starts to move. That would boost the price to AT LEAST $2500!

Do you really believe in that?

If your "frozen" bitcoins start to move, they will move in one direction mostly, i.e. toward being exchanged for fiat. So if Bitcoin price is $2,000 now, and then, all of a sudden, stashed bitcoins are moving, it will most likely cause the price to drop, not to rise. If the question is about millions of such marching bitcoins, the price will just hit the floor (and likely crash through)

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December 17, 2016, 04:47:54 PM
 #355

First its a decentralized currencie, there isnt a single person with plenty control to accept or not any transactions, its unlimited and anonymous, atleast to have an wallet isnt required documents. Low fees, high security level, besides those all bitcoin does have a huge potencial to keep growing over time, and bitcoin isnt being used by 5% of people in the world, this makes bitcoin an amazing investment/reward with short, medium and long terms investments.
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December 17, 2016, 04:56:02 PM
 #356

its unlimited and anonymous
Lol, yes I'm agree that Bitcoin is anonymous but when it become unlimited  Grin for your knowledge Bitcoin is limited not unlimited. Bitcoin is limited in numbers and maximum 21 million Bitcoins can  exists in world.
well I know you hold enough knowledge (I'm sure more than me) about Bitcoin and the Unlimited word you wrongly typed or maybe it was in different sense. Right? Smiley

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December 18, 2016, 05:33:28 AM
 #357

its unlimited and anonymous
Lol, yes I'm agree that Bitcoin is anonymous but when it become unlimited  Grin for your knowledge Bitcoin is limited not unlimited. Bitcoin is limited in numbers and maximum 21 million Bitcoins can  exists in world.
well I know you hold enough knowledge (I'm sure more than me) about Bitcoin and the Unlimited word you wrongly typed or maybe it was in different sense. Right? Smiley

I agree, right now we now have 16 million supply of bitcoin. And it in future we would reach the maximum supply of bitcoin which is 21 million. No one know what will happen if we reach that limit. But if bitcoin is unlimited it would be worthless and its value won't rise.
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December 18, 2016, 05:44:53 AM
 #358

The limited supply of bitcoin that gives it a deflationary nature. Because of that reason, bitcoin is hard to control or no central authority could print millions of it just to control the economy on their hands. Also, along with its deflationary nature, as more and more bitcoins get lost into existence, it becomes more and more valuable, potentially adding to its price.

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December 18, 2016, 06:13:39 AM
 #359

I liked best about Bitcoin is that you can earn Bitcoin as much as you want by gambling, trading and so on. It is fast and easy to reproduce. Just open your laptops, cellphones and tablets then read articles on how to gather or earn lot of Bitcoins. How fast that you got it, it is also quickly to disappear. Be practical on handling our Bitcoins, be wise as well. All of us have a talent on handling our money.













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December 18, 2016, 06:32:47 AM
 #360

I liked best about Bitcoin is that you can earn Bitcoin as much as you want by gambling, trading and so on. It is fast and easy to reproduce. Just open your laptops, cellphones and tablets then read articles on how to gather or earn lot of Bitcoins. How fast that you got it, it is also quickly to disappear. Be practical on handling our Bitcoins, be wise as well. All of us have a talent on handling our money.

What are you investing in?
I like the $790 price I am seeing.   Steady rise!
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