The advantages of bitcoin

[Jessy Mediola]

When you have a small volume of bitcoin and you are not aware about it as well you don't have any knowledge about the same. Suddenly one day you hear about such an innovation and by that time when you find a small amount with you teaches what is it and how good and advantageous. 

There are so many advantages if you will use bitcoin. First, it is a way of fast transaction to any other person or site because it uses internet always as you use it or to deposit or to invest money in a particular ICO. Second is that you can prefer it as you source of income instead of just reading some comments here in the forum. There are also many ways of earning here. Just like investing. Trading. Mining or by joining in a signature campaigns.

[BlackBi88]

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.

Talking about the advantages of Bitcoin, it has a lot.

- First of all, if you trade with BTC, it will be very safe and secure. No one in the world can hack the BTC.
- Secondly, the current BTC is very easy to earn, you can participate in the signature campaign or social network on this forum to be able to earn BTC.
- The third benefit is that BTC can help reduce the unemployment rate in countries because making money from it is not difficult, anyone can do it, just have a computer connected to the Internet.

But there is a limit to the number of BTCs that are so little known, so it's not yet widely known around the world. Hopefully the next 5 years will be more common for BTC to bring benefit to more people. 

[bestbiz9]

Bitcoin is decentralized , It is safe ,anonymous and Easy to use. Decentralised and no govt regulations/control.No transaction fees or other additional fees in return and quickly have no limit on the amount of money to be transferred. It gives many opportunities to invest is money and generate more bitcoin profits

[Granxis]

Bitcoin has many advantages. In investing in the bitcoin good enough because you can double or triple your profit just a couple of month. You can use the bitcoin as a mode of payment to some store, retailer, restaurant, and mostly we use it pay bills in some online store., and many more advantages of the bitcoin

Bitcoin 'is no longer as profitable as you say, but it's hard to know what will happen. In the long run, the price of Bitcoin can double up and there is a chance of falling. Bitcoin is not yet common in restaurants and cafes. I think Bitcoin should be used as a payment method and I expect the days at the shops to be used as payment method of Bitcoin in cafes.

[tengek37]

for me the advantages of using Bitcoin is facilitating a company doing transaction. fast and very cheap tax.

[snackman]

In my view, the most advantage of Bitcoin is that it is the first digital coin in the market and with its growth, it has created the big trust for investors about cryptocurrency

[camsss]

Bitcoin is also a way of earning money. But it doesn't mean to quit the present job. It is only an additional income. Bitcoin is a big help to those people who are unemployed.

[@alaji]

In addition to the advantages you have mention, bitcoin has made transfer of fund more easy without been charge by bank or regulate by government of a particular country. All you need to do is to transfer the bitcoin to another person's wallet in any location in the world and that is all.

[lasry]

I would like to add the very most disadvantage of bitcoin ( I know this thread says advantages but please allow me cause I'm a bit pissed with using bitcoin) I really got disturbed the moment I cant transact using my bitcoin it seems there's a bit of a traffic happening plus there are too many pending transaction. It really took me time. I want also to add those extremely annoying fees which are damn high. I just want to add these to this thread to help people be aware. I wonder when will get smooth?

[vincentallstar]

For me, the advantage of bitcoin is to help me with some financial needs, and you can able to buy online stuff and transact smoothly no matter where you are. You can participate in some ICO project to earn more coin that will give you profitable value in a month, there are many advantages of bitcoin it depends on how we use it every day.

[SangkuniBird]

For me, Bitcoin has many benefits for us. First, it helps us and keeps us independent. Second, we tend to do things seriously. Third, with the use of bitcoin, we can buy what we want that will help us in the future. Lastly, for the unemployed or perhaps for those whose students only support themselves in terms of education.

[Malintha1996]

There are  an ample of advantages of bitcoin.Few of those are listed below
*Transaction services cost lower fees compared to credit card or any other service.
*More conveinient to use
*Since there is not a centralizzed authority  we are in control of our money.
*There are no limitations such as rules for trading with overseas
*Most importanty the profit you can make by good investment.

[DrGuns4Hands]

As for me the advantages of bitcoin is that it's letting me to work even though i'm a student, i am using the many that i profited thru bitcoin on my studies as well as finances on our house to help my parents.

[tittensor]

Bitcoin has many advantages. In investing in the bitcoin good enough because you can double or triple your profit just a couple of month. You can use the bitcoin as a mode of payment to some store, retailer, restaurant, and mostly we use it pay bills in some online store., and many more advantages of the bitcoin

Bitcoin 'is no longer as profitable as you say, but it's hard to know what will happen. In the long run, the price of Bitcoin can double up and there is a chance of falling. Bitcoin is not yet common in restaurants and cafes. I think Bitcoin should be used as a payment method and I expect the days at the shops to be used as payment method of Bitcoin in cafes.

Honestly, Bitcoin should be an asset than a currency. Ethereum, Ripple, Dogecoin, Digibyte are the good coin for payment through cryptocurrency. These coins are better than Bitcoin about the confirmation time and the transaction fees. Especially Ripple and Digibyte, these coins can provide a transaction hash and confirm within few minutes + cheapest fees.

[ridho002]

for me, bitcoin has many advantages, such as can make money for yourself and do not take a long time. With the bitcoin I can buy what I want and meet the needs of life.

[Sundark]

Compared to other cryptocurrencies it's just the price and popularity.

[atileture]

bitcoin isnot a job it is only currency.

advantages is same coin for all over world in china , USA , Russia all can use it

[stephenv26]

Somehow i find the bubble risk as an advantage because no one can predict what is the real value of bitcoin today or tomorrow

[posoa]

The advantage of Bitcoin are so numerous that it is very clear that investors into bitcoin really gain a lot from their investments. It daily appreciates and the  price rise is alarming for those who have invested in it. Bitcoin helps in online transactions, help reduce the stress of exchange of local currencies into the countries whose  currency the transaction is been carried out. As a digital currency it has no bank charges, account is as a result of Blockchain Technology, were bitcoin is save and appreciating.

[seandiumx20]

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.

for me as a bounty hunter, bitcoin is very useful and has many advantages in my life. It helps me for financial problems and can keep me being a independent person. Bitcoin also let you widening your creativity thus, creating new coin in crypto makes you a brilliant person where you decide and make a coin possible.