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Author Topic: What do you like best about bitcoin?  (Read 173783 times)
macedoniantable
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February 04, 2017, 05:01:05 PM
 #601

It is quite versatile and easy to send any amount that you want too.
This is me is the most important quality of it. Wink
You do not need to give $0.02 or $0.01 if you do not want too. Instead you can cut a cent into multiple sections. Smiley
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February 04, 2017, 05:29:59 PM
 #602

the best part of bitcoin is that bitcoin new currency which enable us to make transaction across the globe with few taps and that too within a sort range of time and securely. the fact banking transaction requires the lot of time their transaction fees is too high as compared  bitcoin. and bitcoin is a transparent for of current which enable us to make sure that where the payment had been actually done or we have very transparent public ledger on which we could check the really of payment.
With regard to the speed of transactions, I think banking systems still have advantages. This is because banks operate centrally, but when centralization points are eliminated, it becomes difficult to maintain certain properties, such as faster transactions. However, I think things will be much better with improvements like Lightning Network.
That is because banks are run as a form of business to make sure that no money in your savings will lose. On the other hand Bitcoin is not run by anyone whether you are sending money or holding it in your Bitcoin wallet, the Bitcoin system will still be up and running. You have to understand that local transfer from bank to bank is free only international ones are with a fee because they need to convert it into your local currency.
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February 04, 2017, 09:06:16 PM
 #603

the best part of bitcoin is that bitcoin new currency which enable us to make transaction across the globe with few taps and that too within a sort range of time and securely. the fact banking transaction requires the lot of time their transaction fees is too high as compared  bitcoin. and bitcoin is a transparent for of current which enable us to make sure that where the payment had been actually done or we have very transparent public ledger on which we could check the really of payment.
With regard to the speed of transactions, I think banking systems still have advantages. This is because banks operate centrally, but when centralization points are eliminated, it becomes difficult to maintain certain properties, such as faster transactions. However, I think things will be much better with improvements like Lightning Network.
That is because banks are run as a form of business to make sure that no money in your savings will lose. On the other hand Bitcoin is not run by anyone whether you are sending money or holding it in your Bitcoin wallet, the Bitcoin system will still be up and running. You have to understand that local transfer from bank to bank is free only international ones are with a fee because they need to convert it into your local currency.

If you want to send money overseas then I think sending it via bitcoins is the best as it involves very less fees and even the credits are instant and in same case banks charges you high fees and even transfers takes 24 to 48 hours to get credited into account so people who are using bitcoins will never prefer to go to banks or WU for money transfers as it can be easily done with bitcoins.

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February 04, 2017, 11:44:14 PM
 #604

I like the fact that we can control our own financial freedoms, i just wish that i could get paid in the UK as my wage.
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February 05, 2017, 12:01:23 AM
 #605

I wish, it doesn't transform to currently monetary system which we go against. this is all i want from BTC. and I hope, I proud with BTC in future when i see this post.

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February 05, 2017, 12:13:33 AM
 #606

I like the fact that we can control our own financial freedoms, i just wish that i could get paid in the UK as my wage.

Getting paid in bitcoins would be the best feeling to have as whatever we earn should be saved for the future and need to spend only that we need as price is expected to rise in future so if we have managed to save enough coins then we can make a lot of money from it when price goes higher in coming years.

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February 05, 2017, 12:17:42 AM
 #607

I like the fact that we can control our own financial freedoms, i just wish that i could get paid in the UK as my wage.
it would be nice because you are fully responsible for all finances and no one will give you the intervention. but when you want to ask for help against theft or fraud, you're not going to get it?
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February 05, 2017, 01:51:55 PM
 #608

Bitcoin let's you choose your transaction fees and you can also make ghost transfers through mixers and other services...its just a full package when you want financial freedom with bitcoins.

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February 05, 2017, 02:02:09 PM
 #609

I like the fact that we can control our own financial freedoms, i just wish that i could get paid in the UK as my wage.
it would be nice because you are fully responsible for all finances and no one will give you the intervention. but when you want to ask for help against theft or fraud, you're not going to get it?

You can't be getting into a theft or fraud if you won't do mistakes by yourself, Getting hacked is a different type of fraud where most of the people in the whole exchange site will get affected but financial freedom in terms of "One world"..
Think about this, A person sitting in a country like Bangladesh can earn on a wager of the USA or UK, that will be a great step in his financial needs.

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February 05, 2017, 02:51:35 PM
 #610

I personally have some the best about bitcoin like It's very easy to create a wallet, easy to use it and easy to sent btc everywhere. My expectations someday bitcoin will be great for the payment in the world.

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February 05, 2017, 03:22:07 PM
Last edit: February 06, 2017, 06:32:02 PM by Bitcotalk
 #611

I wish, it doesn't transform to currently monetary system which we go against. this is all i want from BTC. and I hope, I proud with BTC in future when i see this post.
Yeah it will be better that it remain like what it is and the current system of fiat is not good which is problematic. In the current fiat system we have a lot of problems and these problems are solved by bitcoin after we adopted bitcoin as our financial system if that fiat system is adopted by bitcoin through governments then we once again will face that issues.
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February 06, 2017, 03:02:05 PM
 #612

I most like bitcoin for easy, practical, fast and efficient. because they are more needed by people in the present era, all that is needed before it is in bitcoin
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February 06, 2017, 04:01:42 PM
 #613

What I like most about Bitcoins is I can access them immediately via my blockchain wallet. It is like having your own bank!

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February 06, 2017, 04:04:52 PM
 #614

We know each of us have a reason why we like bitcoin but for me I liked bitcoin because bitcoin is a profitable currency and It has a low transaction fee . i can earn money in the internet by using bitcoin and bitcoin transacting fee is low , it helps me on my online shop .

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February 06, 2017, 08:29:09 PM
 #615

We know each of us have a reason why we like bitcoin but for me I liked bitcoin because bitcoin is a profitable currency and It has a low transaction fee . i can earn money in the internet by using bitcoin and bitcoin transacting fee is low , it helps me on my online shop .
although bitcoin is all-round favorable currency, but still i like bitcoin because it give us three facilities at the same time. as investment as currency and  as online currency. i also use bitcoin for playing gambling using different sites.
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February 07, 2017, 12:38:27 AM
 #616

bitcoin gives advantages not shared by other currency and may bitcoin look cool digital era. I prefer bitcoin prices are determined by supply and demand was nice for short-term investments

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February 07, 2017, 01:41:49 AM
 #617

Ah occasionally likes to ingest kratom an' some Kava.  So onnea tha features o' bitcoin is thet it's taken by somea tha gray market areas.  Ah don't touch them so-called dark markets, but merchants who dealin' herbs an' so forth, they take it.  An' it's dam quick too.
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February 07, 2017, 05:00:06 AM
 #618

I think the best thing about bitcoin is the speed of transaction, I mean a person from any corner of the world can send payment (money) to any other corner of the world within few minutes if just amazing. This would not only push international economy but also it would help the large group of people who are not able to use forex for some reasons. Bitcoin is local for everyone yet it is international.
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February 07, 2017, 09:44:09 AM
 #619

I think the best thing about bitcoin is the speed of transaction, I mean a person from any corner of the world can send payment (money) to any other corner of the world within few minutes if just amazing. This would not only push international economy but also it would help the large group of people who are not able to use forex for some reasons. Bitcoin is local for everyone yet it is international.
Bitcoin is very fast and it is the one of the fastest currency on this planet. However, the confirmation time is a big issue since it is not as fast as it used to in the past. Right now, one confirmation may take more than 24 hours and with the increasing of Bitcoin users, I expect that it will take even longer in the future. Therefore, if you want faster confirm, try to increase the fee and this is totally annoy me.





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wintermeasures
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February 07, 2017, 09:49:21 AM
 #620



What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink
The Best thing I Like in Bitcoin is that I Don't Need to do any Verifications to Use Bitcoin and Transfer Money From One Place to Another and Also I Like it Because Bitcoin is my First Way of Earning Some Online Money with Less Efforts and Also I Gain Much Knowledge about Trading Also with the Use Of Bitcoin....
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