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Author Topic: What do you like best about bitcoin?  (Read 173837 times)
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December 08, 2016, 12:10:30 PM
 #221

The blockchain is always solvent.

This. And decentralization.

Fast confirmation, low fees and a capacity for a gazillion transactions-per-second all don't mean shit if Bitcoin degrades to a centralized and insolvent monetary system.
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December 08, 2016, 12:26:28 PM
 #222

First of all, i like bitcoin and Secondly, i like bitcoin because of Decentralization, transparency and easier to move, All the ways bitcoin is useful for me, and i use bitcoin in all of them, many time i pay my bills with bitcoin and also i use it amount transfer wise, and holding it for price increasing, So in short, bitcoin is profitable for me. 

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December 08, 2016, 12:51:51 PM
 #223

I like best about bitcoin is its very convenient to use. I can earn  even if i'm just at home. I don't need some license to earn bitcoin. And bitcoin can be use in many ways like gambling or buying some digital goods online. I also use it to top-up my mobile phone and also my friends and relatives.
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December 08, 2016, 12:55:58 PM
 #224

I like the best about bitcoin is that the transaction fees are very less as compared to paper money and the supply is maxed out at 21 million coins only.

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December 08, 2016, 12:57:13 PM
 #225

Though Blockchain technology is the base for bitcoin and other altcoins, only bitcoin has gained popularity and growing potentially. Another important thing is that bitcoin gives better earning possibilities compared to other digital coins. Also little by little more acceptance is found for bitcoin which makes it the best.

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December 08, 2016, 12:57:59 PM
 #226

I like best about bitcoin is its very convenient to use. I can earn  even if i'm just at home. I don't need some license to earn bitcoin. And bitcoin can be use in many ways like gambling or buying some digital goods online. I also use it to top-up my mobile phone and also my friends and relatives.
most people love bitcoin because it can be used for any transaction around the world
bitcoin connecting people and make your business easier done
your online business will run smoothly with bitcoin as payment service
instead any other payment service which not as fast as bitcoin.
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December 08, 2016, 02:25:42 PM
 #227

Decentralization and being an investment itself,this is the first two that attract me the most about BITCOIN,when it was offered to me ,the price was at $500 now it is $750 and climbing,who would not get attracted to a currency that's value is appreciating.

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December 08, 2016, 02:35:20 PM
Last edit: December 28, 2016, 11:03:47 AM by deisik
 #228

The blockchain is always solvent.

This. And decentralization.

Fast confirmation, low fees and a capacity for a gazillion transactions-per-second all don't mean shit if Bitcoin degrades to a centralized and insolvent monetary system.

I'm curious how many people really care for Bitcoin to stay decentralized? If peeps were given a choice between Bitcoin decentralization and no profits versus Bitcoin centralization and handsome profits, how many of them would actually choose the first option? Let's be honest, the total majority of Bitcoin users would opt for the first option since they are interested in Bitcoin mostly from the profits perspective (immortalized by "buy low, sell high"). Though the real profits may come only if Bitcoin should remain decentralized...

But that would require fast confirmations, low fees and a gazillion transactions per second

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December 08, 2016, 02:39:22 PM
 #229

What I like about Bitcoin is that transactions are fast, transaction fee is low and the price of BTC is going up. All of that is true compared to other currencies. Another good thing about Bitcoin is that no government can control it and thus they can't ruin the whole thing. The least important thing to me is the so called anonymity of the Bitcoin transactions because I'm not going to do anything illegal anyway.
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December 08, 2016, 02:53:28 PM
 #230



What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink
Since Bitcoin have several numbers of quality that makes us loving it but the most best quality thing in Bitcoin , that I like , is its freedom to use in whole world without tax and at very low transaction charge .
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December 08, 2016, 03:21:56 PM
 #231

What I like most is its independence. I don't like to depend on others and i'm not attached to a specific country or culture, so I'd like my money to be accessible from anywhere in the world without fees and independent of  the current political situation. I also wouldn't want my funds to be taxed, so my dream is for bitcoin to become accepted in every store, so I can finally start spending it.
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December 08, 2016, 03:26:45 PM
 #232

The technology and the value.
I am impressed by the blockchain as a whole and I like the fact that the value grows.
I also like the fact it allows you to make or store "money" which is valuable worldwide and easy to keep with you safely.

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December 08, 2016, 04:22:25 PM
 #233

I like bitcoin because as far as i know bitcoin is worked by anonymously person so everyone can use bitcoin freely also no one knows our real identity.

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December 08, 2016, 04:49:49 PM
 #234

I like bitcoin because as far as i know bitcoin is worked by anonymously person so everyone can use bitcoin freely also no one knows our real identity.

No, bitcoins are not anonymous; only pseudonymous because every transaction stays forever in a public ledger called blockchain which is stored on every computer node that partakes in the network. Blockchain technology and the feeling of freedom without any trust entity (bank) are the characteristics I like best using bitcoins.
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December 08, 2016, 05:39:13 PM
 #235

What i like best about bitcoin is being able to invest my money in bitcoin and watch them grow so fast.  Unlike other investments i've had in the past some were really slow or didn't grow at all.  I bought some bitcoins a year ago and didn't spend until now, I plan on holding them for five more years.
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December 08, 2016, 05:41:25 PM
 #236

In my opinion the best of the bitcoin is we can send bitcoin without knowing our identity. This is very good because our privacy is maintained, and also we could save money without taxable.
It can't be provided without any taxes. Sites that work with bitcoin always are taking some tax for operations that they provide that is how they exist.
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December 08, 2016, 05:59:21 PM
 #237

In my opinion the best of the bitcoin is we can send bitcoin without knowing our identity. This is very good because our privacy is maintained, and also we could save money without taxable.
It can't be provided without any taxes. Sites that work with bitcoin always are taking some tax for operations that they provide that is how they exist.

What about web wallets then?

The major ones, such as Coinbase and Xapo, not only provide free services as wallets, but they also pay the transaction fees for their clients. They as well offer Bitcoin payment cards for a charge now, but they have been offering these cards for only a year or thereabouts, while they still somehow managed to cover their expenses before that (and I'm curious how)

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December 08, 2016, 06:08:44 PM
 #238

What I like the most about of bitcoin is the capability of having a wallet without any cumbersome requisites like, id or stuff like that, you simply download the software and you have a wallet, no one else but you needs to know that you are the owner of that wallet and that is great.
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December 08, 2016, 06:09:16 PM
 #239


What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink

The best about bitcoin is the highest currency that ever been exist and I love to earn and saving it.
Bitcoin changing how we do transaction, no restriction, faster, low fees to worldwide/wherever you want.
Bitcoin has blockchain technology which is banking system without bank, being decentralized.
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December 08, 2016, 08:43:11 PM
 #240

What I like the most about of bitcoin is the capability of having a wallet without any cumbersome requisites like, id or stuff like that, you simply download the software and you have a wallet, no one else but you needs to know that you are the owner of that wallet and that is great.
In a decentralized system you are the governance party and you never need to get verified yourself. That is the reason we are able to get start with bitcoin from the instant we prefer to do so. Yes the best part of bitcoin, in my opinion being a decentralized system.

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