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Author Topic: The advantages of bitcoin  (Read 20492 times)
Eternu
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November 16, 2017, 05:58:18 AM
 #861

For me, for now the greatest advantage of Bitcoin is providing  aditional money income. It reduce unemployment on its own way, and it helps some people to get some things that they could not get without Bitcoin. When it becomes wide world spread, it will provide many more things. It would be great feeling to go on a vacation  with just Bitcoin instead of cash.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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nicoly
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November 16, 2017, 06:02:36 AM
 #862

Very Low Fees. Currently there are either no fees, or very low fees within Bitcoin payments. With transactions, users might include fees in order to process the transactions faster. ... Digital Currency exchanges help merchant process transactions by converting bitcoins into fiat currency.
hawkins
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November 16, 2017, 06:06:34 AM
 #863

Very Low Fees. Currently there are either no fees, or very low fees within Bitcoin payments. With transactions, users might include fees in order to process the transactions faster. ... Digital Currency exchanges help merchant process transactions by converting bitcoins into fiat currency.
people use digital money just to expand the business they are working on. and it also makes transactions from far to be faster. the use of bitcoin is always used for such a thing. the rising price is the proof.
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November 16, 2017, 06:29:59 AM
 #864

Lots of advantages are there.Low inflation risk, Low collapse risk, Safe, simple and cheap, Easy to carry, Untraceable etc.There are many risks too.
For me there are many advantages of bitcoin, first here in bitcoin we can learn many things in this forum and second is we can many money here in forum but we will until we can earn money here in bitcoin, and the third advantages of bitcoin is we can buy load using bitcoin and we can save money using bitcoin wallet like coins.ph.

Paycoinzzz
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November 16, 2017, 10:06:53 AM
 #865

Lots of advantages are there.Low inflation risk, Low collapse risk, Safe, simple and cheap, Easy to carry, Untraceable etc.There are many risks too.
For me there are many advantages of bitcoin, first here in bitcoin we can learn many things in this forum and second is we can many money here in forum but we will until we can earn money here in bitcoin, and the third advantages of bitcoin is we can buy load using bitcoin and we can save money using bitcoin wallet like coins.ph.
Coins.ph is one of online wallets services and I do not want to save or keep my Bitcoin in any third services.
Bitcoin is a decentralized network, use online wallets means Bitcoin needs to centralized in a place.
And beside that, a real Bitcoin user needs to know how to use hard wallet or desktop wallet can own private.
Pujangga
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November 16, 2017, 05:57:54 PM
 #866

Many benefits if we want to use bitcoin, for example is for a better transaction than regular money. Moreover, bitcoin prices continue to rise making us dare to speculate about the future of bitcoin.
Shahriar23
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November 16, 2017, 06:59:26 PM
 #867

Bitcoin is an online cryptocurrency. Bitcoin can be used anywhere through the internet, this is a great advantage of bitcoin . Bitcoin is good and safe for investment. We can easily payment online through Bitcoin and Bitcoin is less likely to be stolen. The government does not have any control over Bitcoin , so it does not require any additional fees. Another advantage is that bitcoin helps in making money.
marzuk
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November 16, 2017, 08:56:20 PM
 #868

Bitcoin has different types of advantage. Bitcoin usually helps peoples needs and investment. Bitcoin transactions are very easy to operate. Bitcoin is very fast, low fee and security transacted anywhere in the world. Bitcoin is now the most popular and valuable currency. You can benefited a lot by investing.
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November 17, 2017, 06:56:35 PM
 #869

Bitcoin have so many advantages if you can do proper use, as like,

1. Is good for all businessman for good transactions. Buy something and sell something.
2. Easy to transfer money if they needed immediately like emergencies.
3. Its easy to transfer money from other country with less taxes. If approve.
4. For less time and moved for travailing on anywhere we want.
5. Is good for payments needs to pay like billings every month.
6. Source of earning, like Mining. Trading and hold for long time.

Theres a lot of good advantages..
Whitegriever
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November 17, 2017, 07:04:22 PM
 #870

There are a lot of advantages you can make from bitcoin my friend has invested and kept and earned bitcoins over 3 years and he now is a millionaire you can become very rich from bitcoins and you do not even have to invest in it.
Hunter1981
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November 18, 2017, 03:02:28 AM
 #871

-With bitcoin it is very easy to send and get money anywhere in the world at any given time
-Allowing user to be in control of their transaction help keep bitcoin safe for the network
-Currently there are either no fees or very low fees within bitcoin payments
-With block chain , all finalized transactions are avalaible for everyone to see , however personal information is hidden
appleyard
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November 18, 2017, 03:42:40 AM
 #872

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.


There are so many advantages of bitcoin like any level of the community can participate anonymously without knowing their private information like age or addresses. Transaction like transferring funds are totally anonymous this good for freelancer of bitcoin like us.   

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Optimusman
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November 19, 2017, 05:45:56 PM
 #873

For me personally, this is the simplicity of using a purse, the potential growth and development of this crypto currency, I also use grass and can buy myself a smoke for this crypt. And of course this is a fashionable theme Smiley
MSdosOutput
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November 19, 2017, 05:50:35 PM
 #874

There are huge advantages of bitcoin. Some of these are, bitcoin can help to make money. It is risk-free and there is no chance of being theft of bitcoin and it is tax-free.
kimmali
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November 19, 2017, 05:53:45 PM
 #875

For me,Bitcoins have many advantages,as like:

1. Its really a good investment for everyone who's finding a profitable business.
2. It is easy to send and receive money with bitcoin. Unlike other currency,bitcoin has no charges hidden in it.
3. It helps me earn money,I'm just so glad that I met bitcoin,bitcoin really helps me a lot when it comes to financial means.
4. Bitcoins are safe. You can hide your money in bitcoin and restraint yourself for spending money again.
DELTA5ROD
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November 19, 2017, 05:58:12 PM
 #876

I like that i can just hold bitcoin and have it's value increase all by it self . I used to gamble a lot with bitcoin but now i just invest or trade no more gambling since i don't want to loose a currency that can reach over 10 thousands dollars in no more than 2 or 3 months .
uncoinwhales
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November 19, 2017, 06:37:49 PM
 #877

The advantages of bitcoin for me is can keep it and when back find your money increase without doing any things + trusted network only need small time to arrive  
fullhdpixel
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November 20, 2017, 07:03:19 AM
 #878

Bitcoin has many advantages. For example, the same opened cryptocurrency code. You can see any user transaction, you will agree that it is very convenient. I also think that bitcoin lacks inflation, number of bitcoins grows and grows every day, which makes bitcoin universal. So bitcoin can not be forged, it's not real money, it's impossible to deceive anyone.
Bitcoin give chances to all those who want to be rich. Chances are broadcasted to every person, we only need to work out to make ourselves easy with bitcoin work. Your focus should be on learning. It is better advised to learn and learn more so that you must be ready for everything that come along your way. It really helps you earn money and fulfill your daily needs for better life.

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ace4549
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November 20, 2017, 07:12:10 AM
 #879

The best advantage of Bitcoin is, it provides you a convenience to the fullest and gives you instant passive income without exerting too much effort for it.
Bitcoin gives a fast and secured transaction for every customer and secure your investment for the benefit of tomorrow.
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November 20, 2017, 07:53:37 AM
 #880

In my opinion, bitcoin has many advantages and benefits. So bitcoin is well known and used. bitcoin helped me make a lot of money. Bitcoin is a fast and free internet payment portal.

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