HalfDeck
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December 22, 2017, 10:37:21 PM |
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Bitcoin has created the opportunities for the people who hold the currency it will give good and very reasonable returns where non of the currencies will give this profit. this is the biggest advantage of bitcoin for me. There is lot more like global access etc.
It is not a nature of a currency should has, it is the nature of an asset for investment or worse is speculation. Actually Bitcoin has both, investor and speculator. There are many people know cryptocurrency and the profit can earning from this field, so, it is an interesting cake to make money of anyone, not only the real investor want to invest.
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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slyfox
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December 22, 2017, 11:53:08 PM |
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For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Like them, bitcoin has many advantages and one of this advantages is that you can sustain all your basic needs and necessities.it also make many people wealthy and able to answer all there financial problem. That is not a particular advantage of bitcoin, any investment that is good can give to you the same effects the biggest difference if bitcoin with many other investments is that bitcoin is not a stock and as such its movements are very different from each other.
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Kalatas
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December 23, 2017, 12:00:52 AM |
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You saved your money for the future and invest for the better world currency in this days.
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TeraBitHoven
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December 23, 2017, 02:43:04 AM |
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It will make payments easy and secure, you're in control. Payments can be sent through accounts.
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handsomes
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December 23, 2017, 09:23:17 AM |
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To collect a bitcoin and use it in the future to very important things you want or i want, very advantages of bitcoin is to help us that buying a food or house etc.
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Estreal
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December 23, 2017, 09:45:21 AM |
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Bitcoin has low inflation risk, its Safe, simple and cheap (with Bitcoins once you have the money you have it and that's that); Its easy to carry; also it's Untraceable (the benefit is that you don't have to be afraid of any organization of being able to trace the source of your funds). Furthermore,the user can transfer bitcoins to his friend or family members. Bitcoins can be used to recharge mobile vouchers, to book tickets and even to pay school fees; no transaction fees and if it is applied only after talking to the buyer.they are stored on mobile devices, desktop computers or taken as a hard copy on paper.Bitcoins and transactions by using public key and private keys. The received Bitcoins can be converted into cash amount at market places or individuals or Bitcoin ATMs....
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spiritguardcharles
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December 23, 2017, 02:01:10 PM |
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It has a lot of advantages specially for individuals way of living.It opens a lot of opportunity since it's open for everyone who wants to earned money and have a savings.Since the concept of bitcoin is a digital transactions not just the bitcoin but all of the digital transactions software apps and etc makes our life more easier in trading world.It also serves as a digital wallets since some of btc could be store for a long period of time.
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safarabela
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December 23, 2017, 02:32:36 PM |
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For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
it's true that's all. bitcoin is a blessing for those connected with it.
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hakeem1
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December 23, 2017, 02:56:24 PM |
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Since there are multiple redundant copies of the transactions database, no one can seize bitcoins. The most someone can do is force the user, by other means, to send the the bitcoins to someone else. This means that governments can’t freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.
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cepedacharles29
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December 23, 2017, 03:18:38 PM |
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I think one of the best advantages of using bitcoin is making the life of every individual easier and convenient than before. Bitcoin provides you options on how to earn money in the easiest way. Bitcoin provides you a high yield of interest which will accumulate a huge amount of ROI in future. and It ranges from high future profits, safe transactions, fast transactions etc. With BTC transactions can be made within split seconds no matter where you are in the world. BTC transactions are also transparent making it easy to be traced, BTC is just wonderful with numerous advantages.
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Tambu
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December 23, 2017, 03:21:02 PM |
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Bitcoin poses many advantages. It's a money generator. The market is easy.
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nix_7878
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December 23, 2017, 03:30:54 PM Last edit: December 23, 2017, 04:06:49 PM by nix_7878 |
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For me the advantages of bitcoin are:
You are anonymous - using the blockchain technology your personal information is hidden in public but only your wallet address is visible, the transactions is also visible in the public but no one knows who is behind in that transactions.
Security - transactions in bitcoin is so secured because of the blockchain technology that is no need to cross on a central bank to protect you against thief.
Freedom - you and only you are responsible to your money, you can buy anything that accept bitcoin across the globe, you don't need to worry about taxes, you can do transaction anytime anywhere and much more.
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Wewe Gombel
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December 23, 2017, 03:44:37 PM |
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Many benefits that we can get with bitcoin, for example for anyone who used to send money to various countries and very dependent with the banks then can divert to bitcoin, with bitcoin transaction faster and safer than banks.
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FRJ
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The Worlds Most Advanced Distributed Computer
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December 23, 2017, 03:51:54 PM |
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I want to appreciate with you.You have told good points.Yeah,of course these are included in the advantages of bitcoin.But bitcoin has so many other advantages.All of them may be cannot described in words as well.You have told some common advantages. But you haven't told the financial benefits. Actually,they are many too.
Look,bitcoin gives us financial freedom.It has given us the chance to get rid of the rules and regulations of banks or third parties. Again,it has created a way to easier transaction. The transaction fee is not high at all. Last but not the least,in the conclusion we can say that bitcoin is making us more digital.
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danipay
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December 23, 2017, 04:02:45 PM |
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There are many advantages of using BitCoin instead of online money transactions. BitCoin is a global exchange rate, meaning BitCoin is not owned by any country, making it easy to use anywhere in the world. This makes international transactions easier as there is no discussion of payments to be used in accordance with country rates and of course prices are not affected by the exchange rate of the country's currency.
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Cloak1
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December 23, 2017, 04:14:41 PM |
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The advantage of bitcoin is we can be our own bank which means we can monitor and manage our account by ourselves, no need the third parties. Besides the government has no authority to control our money. That's fun, isn't it?
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Deathgamer
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December 23, 2017, 04:15:40 PM |
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Best advantage of bitcoin is it has been helping a lot of people earn money. It is a different way how to reach ones dream which is to get rich. Another one is that it is good for investment because of its rising and falling of exchange rate. It is favorable for us both rising and falling yet the increase of the rate is much great thing because that would be the perfect time to sell if you have stored a lot of bitcoin in your wallet.
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Rascar Capac
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December 23, 2017, 06:14:14 PM |
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The advantages of Bitcoin are endless. You can, for the first time, have complete control of your money without anyone being able to change it. It also grows in value over time since it is scarce, and you even have an immutable public ledger to store it on digitally. etc, etc.
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Bancia3210
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December 23, 2017, 06:32:30 PM |
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bitcoins has a large number of advantages, For me the first advantage is that it will give me the basic needs,and if you invest in bitcoins it will give you a big profit.and also it will give you a easy life,and will strong you financially,and bitcoins has a big advantage for every individual.and make your life easier, and also if you have a bitcoins you can keep them in your account, it will safe and the good thing is that it will safe,and also it will increasing day bay day.
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cjcourt01
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December 23, 2017, 07:12:14 PM |
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bitcoin has value as a private digital currency and bitcoin is very freedom
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