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Author Topic: The advantages of bitcoin  (Read 20550 times)
taiwww
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October 30, 2017, 06:28:10 AM
 #561

Bitcoin is the only fastest growing bitcoin currency.
This currency is benefiting to its investors or traders.
People can earn money by doing mining job from this currency.
One can earn additional income by doing signature campaigns for bitcoins.
Being a Digital, decentralised currency it automatically removes barriers of  national boundaries, one can trade worldwide.
Transaction time is also quiet less.
Transaction charges are much less as compared to Debit / credit cards, NEFT etc.
The transaction are peer to peer basis protected by a solider blockchain.
Bitcoins comes in digital form only so no need to buy additional security instruments like Safe or bank locker etc.
tinystone26
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October 30, 2017, 12:17:13 PM
 #562

For me, the advantage of bitcoin is to reduce the increasing unemployment in some countries. You can use or transfer your money in any place. It is also increasing the value day by day.

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rashmishetty344
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October 30, 2017, 12:34:35 PM
 #563

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.

Since there are multiple redundant copies of the transactions database, no one can seize bitcoins.
BitcoinCurve~
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October 30, 2017, 12:36:34 PM
 #564

I think Bitcoin has many improvements over fiat but the main one is that you are in control of your money and not the banks of the world.
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October 30, 2017, 12:41:23 PM
 #565

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.


No Taxes!

There is no way for a third party to intercept transactions of Bitcoins, and therefore there is no viable way to implement a Bitcoin taxation system.
PagSure
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October 30, 2017, 01:03:58 PM
 #566

I think Bitcoin has many improvements over fiat but the main one is that you are in control of your money and not the banks of the world.
Early investors of bitcoin became interested with bitcoin because of the reason that we are in control of our money if we will put our money in bitcoin and they are sure that bitcoin will soon be very popular and the price of bitcoin will be as high as gold and yes their prediction was right everything went to what they expected and that is the advantage of bitcoin, the people behind bitcoin and the community has so much trust of bitcoin and for as long as people will have that trust bitcoin will dominate and fiat will might be gone soon.

iyamoxjhian
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October 30, 2017, 01:11:15 PM
 #567

Bitcoin is a great alternative or options for your source of income in order to survive. It is ine best way to make your dreams make happen like investing into business. Plus, bitcoin has a large value compare to the normal currency. And in bitcoin, you don't need to invest money to be a member unlike with other marketing campaigns in social media sites wherein you need to pay for memberships then you wil be promised that once you joined you will be accepted. Here, you just know how to read and follow simple rules then it will make you earn good money.

eminemcookie
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October 30, 2017, 01:13:56 PM
 #568

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.


No Taxes!

There is no way for a third party to intercept transactions of Bitcoins, and therefore there is no viable way to implement a Bitcoin taxation system.

Actually in a large majority of countries tax is owed on profits with bitcoin when you convert it back in to fiat, the thing is though as that it pretty much relies on a self statement system for now, once countries begin to add controls such as by partnering with exchanges then bitcoin will face taxes just like anything else.

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zarintasnim
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October 30, 2017, 01:17:54 PM
 #569

Yes bitcoin has many advantage. Bitcoin help me various way. It source of my 2nd income. I can do work with bitcoin without leaving my main job. and it also good platform to invest. And i am keep my bitcoin my wallet without going to bank.

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Abdul Wasay
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October 30, 2017, 01:44:13 PM
 #570

Bitcoin has many advantages such as u can buy any thing u want if u have bitcoins in shear amount,u can also save it for ur  children who can take benefits in their future.

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valentine401
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October 30, 2017, 01:52:04 PM
 #571

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.

That is the most important thing that bitcoins can sustain your daily needs but the advantage of earning bitcoins is different. You can work from home or if you have a day job then you can take bitcoin as a sideline to earn more income.
Lorin
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October 30, 2017, 01:53:18 PM
 #572

Right now bitcoin is well known in different parts of the country because of its good features.One of the advantages of bitcoin is the very low and sometimes no transactions fee.It can be sent to any person wherever he or she is,with no bounderies.
cutecute
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October 30, 2017, 01:54:42 PM
 #573

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'm agree to you that Bitcoin has many advantage and the one advantage is it gives to the individual money to sustain the basic needs. On my country some of the user of bitcoin is a student, And they are depending on this so that they can supply their own needs and to help their family.
elash
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October 30, 2017, 02:02:14 PM
 #574

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.
Yes there is a lot advantage of bitcointalk because through bitcointalk we can feed our family at young age as a student, help our parents in their credit because as the time goes by and without the the bitcoin we can't do the thing that we use to do today. Bitcoin can also secure our future.

gokudera
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October 30, 2017, 02:05:15 PM
 #575

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 think the advantage of bitcoin is you can use it anywhere and anytime just by the use of mobile phone and Internet Connection. And another advantage is you have the power to use it and keep it safety.

Kmrherradura05
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October 30, 2017, 02:06:51 PM
 #576

Some of the advantages of Bitcoin are as follows:
- you can converted it into cash.
- or you can buy using bitcoin automatically in some places such as restaurants, remittance center,malls and even online games accepted bitcoin as payment.
- you dont have to disclose your true identity for as long as you know the policy, the rules and regulation.
- it is another source of income.
- it can be an investment.
- it is decentralized and no one manipulates you,.you are free to say your opinion as long as it make sense.

saiteja01
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October 30, 2017, 02:20:00 PM
 #577

The main advantage of Bitcoin is the transactions are done from peer to peer.As it is a decentralized cryptocurrency it has no relation with the government rules and regulations.You Can easily earn money by sitting at your home  just by investing in Bitcoin.
Mehdi.Habib
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October 30, 2017, 02:25:20 PM
 #578

The advantages of Bitcoin are:

 1. There are no middle man
 2. If the user are not publicize their wallet addresses publicly, no one can trace transaction to back them.
 3. No transaction fees.
 4. Faster and secured system.
 5. Less risk of inflation
Enyanha
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October 30, 2017, 02:26:51 PM
 #579

The main advantage is freedom because it is anti-government e-currency. It gives us blockchain technology - technology that allows us to make our world more transparent, honest and safer

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October 30, 2017, 02:31:33 PM
 #580

The main advantage is freedom because it is anti-government e-currency. It gives us blockchain technology - technology that allows us to make our world more transparent, honest and safer

It is decentralized so yes, it cannot be regulated by the government but I don't say it is an anti-government currency. Because the government can still use it and implement it to the people whomever wants to use this currency. They can tax it and support it and another advantage of bitcoin is it doesn't have stable value, this makes everyone invest to bitcoin because the price is rising and everyone is loving it.

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