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Author Topic: The advantages of bitcoin  (Read 20494 times)
Altero
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August 22, 2017, 01:22:21 PM
 #21

Some advantages of bitcoin are the following:
>passive income
>big profit for investment
>improve our living
>easily to used(online transactions)
> no tax collected
severaldetails
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August 22, 2017, 01:24:08 PM
 #22

I think that many benefits like anonymity or decentralization are not very important anymore.
At the moment the most important thing about bitcoin is that you can earn money with it.
Use it as investment, get paid for signature campaigns, do traiding with it. It's all about making money.
And with the other cryptocurrencies it's the same as well.
A little sad to see, but I guess this developement was inevitable.

pathapoddo
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August 22, 2017, 01:36:50 PM
 #23

I agree that bitcoin has advantage. It can make you independent. It can increase man's out income.It can increase the country earning.Thank you bitcoin. Kiss

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Reid
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August 22, 2017, 01:39:50 PM
 #24

The advantage is you cannot misplace your money because if you have an account you cannot dissappear your money easily.

Ain't that reasoning just the same with banks? I dont want it to be the same with it. I get out of that industry just so I can manage it by myself. You could still misplace the private key or log in details or your computer could get wrecked and you will lose it all.
Best we should still have the hard copies of it.  Grin
Advantage is the price will keep rising as bitcoin goes lower and lower in number.
Cloud27
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August 22, 2017, 01:43:06 PM
 #25

As for my experience these advantages are:
1. No documents to fill up if you want to safety store it, unlike in a bank.
2. Only miners fee for transaction charge that is comparable to a service fee.
3. For now, no Tax.
4. It is in digital form, unlike a paper money.
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August 22, 2017, 01:48:26 PM
 #26

advantage of bitcoin ... it can delivered money p2p without a bank
much lower transaction fees
you can also use it in different country [as for today there are alot of country accepting bitcoin as a payment]
your account cannot be frozen unlike the account on banks in different country.
there no limit of holding bitcoin and government cant sue you...

sasaku bitbit
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August 22, 2017, 03:26:40 PM
 #27

I strongly agree that bitcoin has many advantages. For me the advantages of bitcoin in addition to increase income as well as the right investment for a better future
You don't understand. The main advantage of bitcoin is the ability to use it to build our own economy to which the government will have no relationship. Bitcoin is freedom, but most people did not understand.

to me the main advantage of having a bitcoin to alleviate poverty, generate additional revenue could even serve as a repository of investment for the future of decent and good for us all. so that the way to get it is also easily accessible and open to all walks of life and most importantly there must be a relationship of an internet connection. Wink
MetalGear
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August 22, 2017, 03:36:10 PM
 #28

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.
Actually, bitcoin has many advantages like you can use it in different kind of transaction. In addition to that, using bitcoin wi help you to sustain all your need and having bitcoin is an opportunity to become rich. Lastly, I think the best advantages of bitcoin is will help you to become rich in the future.
deddod
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August 22, 2017, 04:45:16 PM
 #29

Bitcoin is very profitable for me. I am an unemployed person.
But after knowing and learning bitcoin slowly I can make money from bitcoin.
Thanks bitcoin

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bamboylee
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August 22, 2017, 05:06:50 PM
 #30

The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency

These are not advantages of bitcoin. These are benefits of joining a forum and specifically for non-english speakers only.

Bitcoin gives me the freedom to choose between fiat and digital currency. It gives me the freedom to send money internationally without a third party getting involved.
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August 22, 2017, 05:13:01 PM
 #31

I think we have 10+ topics with the same discussion. It will be great to have a look on those topics.

1)  Advantages of bitcoin.

2) Advantages of bitcoin.

3) Advantages and Disadvantages use cryptocurrency like Bitcoin for online gambling.

4) The advantage and disadvantage of Bitcoin?

5) The advantages of having bitcoin in the present day.

There are many such threads you can find using the search box.
Core.BUSTER
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August 22, 2017, 05:17:53 PM
 #32

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.
I absolutely agree that, bitcoin has many advantages and bitcoin is very important thing if you want to become rich. In addition to that, one of the advantages of bitcoin is you can used it in different kind of transaction like you can pay your bills easily and you can also transfer money instantly. Lastly, the biggest advantages of bitcoin is you use to gain more money and it will also serve as your job.
ruskytailz02
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August 22, 2017, 05:21:30 PM
 #33

The same goes for me but. it is kinda slow and it's still better to get a job.
kpcian
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August 22, 2017, 05:29:09 PM
 #34

There are a lot of options of here, especially, for making a profit within a very short time period. In recent times, Bitcoin has gained a lot of price value which brought also change for the numerous people who were involved with this platform. Basically, with the touch of Bitcoin many people have been employed and earned money by working here. So that, Bitcoin is becoming a popular currency system day by day.
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August 22, 2017, 05:43:28 PM
 #35

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.
Actually, bitcoin has many advantages like you can use it in different kind of transaction. In addition to that, using bitcoin wi help you to sustain all your need and having bitcoin is an opportunity to become rich. Lastly, I think the best advantages of bitcoin is will help you to become rich in the future.
Bitcoin cannot helps you get rich in future if you can keep your opinion hold your Bitcoin until the price of it go to the moon, this is reason make many trader regret because they cannot do that. Most reason are need money in that time and cannot keep their calm, patience.

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smauni
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August 22, 2017, 06:01:13 PM
 #36

Bitcoin have so many advantages. It can create a better economy.  We can make money with bitcoin. The best about bitcoin is it can easily  move any where any time.
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August 22, 2017, 06:04:25 PM
 #37

advantages of bitcoin for me is a technological advancement thet is very profitable fotlr it's user where the value continues to increase against the reguler cyrrency where bitcoin can be used as a tool for investment
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August 22, 2017, 06:20:08 PM
 #38

yes I agree with what you express. But not everyone is successful in bitcoin. There are many who are hopeless in the middle of the road, only a few people who are persistent and survive can go beyond the critical period.

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lady Royal
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August 22, 2017, 06:29:36 PM
 #39

There are several advantages of Bitcoins.

People are using Bitcoins to send payments online without providing any proof to confirm account etc.
People are using Bitcoins to earn money easily.
People are getting paid in Bitcoins.
People are investing in Bitcoins and earning.
Bitcoin making life easy with one click payment.
Bitcoin is actually helping us in all the ways.


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ghostunicorn
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August 22, 2017, 06:41:55 PM
 #40

There are several advantages of Bitcoins.

People are using Bitcoins to send payments online without providing any proof to confirm account etc.
People are using Bitcoins to earn money easily.
People are getting paid in Bitcoins.
People are investing in Bitcoins and earning.
Bitcoin making life easy with one click payment.
Bitcoin is actually helping us in all the ways.

Nice list. I also use it very frequently for these ones below:

-To send money to my brother, he's living in nort america and bank transfers are slow and expensive.
-To send money to my business partners, for the small payments like $200 or $300.
-To get paid for the online jobs or for item exchange. We take the advantage of internet and bitcoin.
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