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Author Topic: What do you like best about bitcoin?  (Read 173783 times)
Ewinsane
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December 20, 2016, 07:42:04 PM
 #381

i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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December 20, 2016, 08:09:02 PM
 #382

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 is both a blessing and a curse bitcoin allows us to earn money no matter our age or where we are, but the problem is I think someone that is too young should not spend its time trying to earn money online and instead should try to study and learn the most in school.

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December 20, 2016, 11:14:16 PM
 #383

i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.

Yeah, so far it is in our control but who knows what could be revealed sooner or later. I like the fast and easy way you can use your wallet to buy just anything, send money for.. Basically for free to somebody else, you can pay a fee of only $0.08 for one million bucks sent. This is all amazing, and what surprises me is that it's approaching the price of gold which is insane: the virtual starts to conquer with the physical..
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December 20, 2016, 11:23:50 PM
 #384

i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
I will strongly disagree about fast transaction but the opposite thing will strongly agree with the possibilities for making a transaction around the world. Average in this day every transaction will need minimums 2 confirmation for avoiding the double spending. and which mean assuming with the prior fees every transaction will be getting a validation from the block for 15 minutes, and finally every transaction will worth about 30 - 45 minutes.

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December 20, 2016, 11:28:38 PM
 #385

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December 21, 2016, 02:59:44 AM
 #386

1.Unified
Internet without borders, bitcoin naturally become no borders can be freely convertible or consumer currency. The currency of a unified world will provide a broader space for future trading. Eliminating the friction between currency wars and currency exchange will benefit the world economy.
2.No fake
Bitcoin can not be false, the laws of mathematics strict provisions bitcoin accurate kernel, not fake how valuable things
3.Reliable system
Right now no one, any organization, any country can block bitcoin network. A huge network of computing power, all the time running hard. Millions of machines scattered around the world, roaring dig out one after another bitcoin.
This decentralized, network wide maintenance of the POW form, in the elimination of the central ills, while maximizing the protection of their own. A complete QT wallet is a seed, even if the network node thousands on thousands of were closed, as long as there is a still exists, so bitcoin has likely to stage a comeback.
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December 21, 2016, 03:20:50 AM
 #387

i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
I will strongly disagree about fast transaction but the opposite thing will strongly agree with the possibilities for making a transaction around the world. Average in this day every transaction will need minimums 2 confirmation for avoiding the double spending. and which mean assuming with the prior fees every transaction will be getting a validation from the block for 15 minutes, and finally every transaction will worth about 30 - 45 minutes.

I don't have any argument about bitcoins fast transaction, a few minutes is not a problem to me. I been transferring and paying with the use of bitcoin and I don't have any problems with it and I'm satisfied for its convenience and fast transactions that it can give to its users. Also while it is fast, the fees are so much cheaper which is helping me save a lot of btc's.
We must be thankful enough with the transaction time as that is not really the main problem, think also of the advantage not just the weaknesses of bitcoin. Transacting cheap and fast is already a big bonus of using bitcoin, and since no system is really perfect so we can say that delay transaction might be one of the problem.

.
.Duelbits.
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December 21, 2016, 03:45:39 AM
 #388

The most important point, is suitable for investment, of course, this is my point of view.
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December 21, 2016, 11:19:39 AM
 #389

We must be thankful enough with the transaction time as that is not really the main problem, think also of the advantage not just the weaknesses of bitcoin. Transacting cheap and fast is already a big bonus of using bitcoin, and since no system is really perfect so we can say that delay transaction might be one of the problem.
You are right! Slow or delay of bitcoin transaction is not a big issue because it just only happen sometimes and rarely. I don't worry about it, I know that it will be surely confirmed for a while. We just need to wait, waiting is not a waste time.

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December 21, 2016, 11:26:59 AM
 #390

We must be thankful enough with the transaction time as that is not really the main problem, think also of the advantage not just the weaknesses of bitcoin. Transacting cheap and fast is already a big bonus of using bitcoin, and since no system is really perfect so we can say that delay transaction might be one of the problem.
You are right! Slow or delay of bitcoin transaction is not a big issue because it just only happen sometimes and rarely. I don't worry about it, I know that it will be surely confirmed for a while. We just need to wait, waiting is not a waste time.

yeah well it is getting worse actually because the number of transactions are growing fast and we can't handle that amount yet.
and it actually is a problem when you are forced to pay more and more fees each time and waiting is a big problem when you plan on doing something with your coins like paying for a service or buying an item online. or even when you want to deposit them on an exchange to trade. waiting means lost opportunity.

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December 21, 2016, 02:14:51 PM
 #391

What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink
The best thing about bitcoin is that it opens a lot of possibilities for people, whether you like to earn money or spend it bitcoin gives you the freedom to exchange money on the internet with the minimum fees unlike real money that is hard to earn from the internet and banks take a lot of transaction fees.
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December 21, 2016, 02:28:05 PM
 #392

I like the decentralization feature, but hate transparency as it somehow allows many users to see the transactions and either assume or know completely that specifically "you" did it. Anonymity is nowhere as promised unless everything is public.
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December 21, 2016, 05:26:07 PM
 #393

When it comes to bitcoin features, What I like is it is decentralized, the fact that no one controls it but the whole bitcoin community itself . The price is also driven by its users . Of course it is anonymous and difficult to trace which protects my privacy . It is onw of the worth giving a try long term investments .

And finally, It gives opportunity to people to earn extra income . It is different from the online jobs out there cause the payment is not in paypal and you don't give that much personal info which is I like .

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December 21, 2016, 05:32:19 PM
 #394

i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
I will strongly disagree about fast transaction but the opposite thing will strongly agree with the possibilities for making a transaction around the world. Average in this day every transaction will need minimums 2 confirmation for avoiding the double spending. and which mean assuming with the prior fees every transaction will be getting a validation from the block for 15 minutes, and finally every transaction will worth about 30 - 45 minutes.
You are mostly right, but you are mistaken in one thing, transactions are instant, what it can take a lot of time is the first confirmation and if you want to make sure the user is sending money to you is not going to try to double spend your bitcoin then you must wait for more confirmations.

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December 21, 2016, 09:58:58 PM
 #395

i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
to me as i am a good gambling, therefore to me i think the most good thing is that i can play gambling using bitcoin, as it as too much advantage of using bitcoin for gambling and especially in online gambling.

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December 22, 2016, 07:48:18 PM
 #396

i like the fast transaction of bitcoin and i can transfer my bitcoin to anywhere in the world and we know that bitcoin is in our control and we can keep our bitcoin in any wallet and in any amount and sometime i feel that my balance in my control into bitcoin.
I will strongly disagree about fast transaction but the opposite thing will strongly agree with the possibilities for making a transaction around the world. Average in this day every transaction will need minimums 2 confirmation for avoiding the double spending. and which mean assuming with the prior fees every transaction will be getting a validation from the block for 15 minutes, and finally every transaction will worth about 30 - 45 minutes.

I don't have any argument about bitcoins fast transaction, a few minutes is not a problem to me. I been transferring and paying with the use of bitcoin and I don't have any problems with it and I'm satisfied for its convenience and fast transactions that it can give to its users. Also while it is fast, the fees are so much cheaper which is helping me save a lot of btc's.
We must be thankful enough with the transaction time as that is not really the main problem, think also of the advantage not just the weaknesses of bitcoin. Transacting cheap and fast is already a big bonus of using bitcoin, and since no system is really perfect so we can say that delay transaction might be one of the problem.

Exactly, because there is no other crypto's that have their very own idea because alt coins did just copy the characteristic of bitcoin. Those delays that are happening to bitcoin is not a big deal to me and when there is a delay that means that there are a lot of transactions that are happening by that time. And it does mean that bitcoin has a lot of users and transactions that is making the demand higher.
Not necessarily, high traffic in the network means most of the time someone is spamming the network with very small transactions, think of it as the spam you get in your email, there has been some research that most email on the internet is spam and those transactions are nothing but spam.

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December 22, 2016, 09:05:11 PM
 #397

Most users and common people dislike this feature and tries to stay out of it. Myself have attraction towards it, because without that it is similar to the normal fiat but comes only in the digital form. That's the price volatility and the variation that gives us good profit basically and a much better earning on trading.

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December 22, 2016, 09:30:32 PM
 #398

Most users and common people dislike this feature and tries to stay out of it. Myself have attraction towards it, because without that it is similar to the normal fiat but comes only in the digital form. That's the price volatility and the variation that gives us good profit basically and a much better earning on trading.
Well, the thing I love about bitcoin is, the same as is currently the case, namely the rapid price increases. in fact, this will benefit those who are patient in bearing his bitcoin. Well, the same holds bitcoin like to keep something valuable that you have, and all profits will depend on the actions you take. so, I really like bitcoin, because bitcoin have something that is not owned by the dollar.

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December 22, 2016, 09:34:27 PM
 #399

Most users and common people dislike this feature and tries to stay out of it. Myself have attraction towards it, because without that it is similar to the normal fiat but comes only in the digital form. That's the price volatility and the variation that gives us good profit basically and a much better earning on trading.
Well, the thing I love about bitcoin is, the same as is currently the case, namely the rapid price increases. in fact, this will benefit those who are patient in bearing his bitcoin. Well, the same holds bitcoin like to keep something valuable that you have, and all profits will depend on the actions you take. so, I really like bitcoin, because bitcoin have something that is not owned by the dollar.

Volatility is what attracts all kinds of people from around the world to invest money into Bitcoin. It helps to keep the market liquid. But that can also be said when Bitcoin is far more stable than is the case right now. Stability will attract people looking to use Bitcoin as a long term store of wealth solution. That's also beneficial for Bitcoin since that money isn't likely to be pulled out any time soon.
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December 22, 2016, 09:36:24 PM
 #400

I like its accessibility; you can have 24/7 access to your coins without restrictions.
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