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Author Topic: What are the advantages of having Bitcoin?  (Read 6158 times)
Choyor
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November 20, 2017, 04:28:25 AM
 #121

What I know Bitcoin is a digital currency, every currency fluctuates, but the fluctuation of digital money is very significant, where the price can be towering, that is the advantage that Bitcoin has. I think.

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November 20, 2017, 04:37:48 AM
 #122

Because all bitcoin transactions are completely anonymous and can not be reversed, so for salespeople they can be assured of fraud.
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November 20, 2017, 04:46:57 AM
 #123

Every currency keeps on fluctuating and is not stable but those fluctuations are not as high as any digital currency like for example we have bitcoins.
Bitcoins due to this fluctuation will help you make more money.. you can buy at tha dip and sell at the pump or hold onto them for long term investments..
Take for example someone who brought 10 bitcoins for a dollar each back in the beginning how ..rich they would be right now..
Its really interesting that we do have Something to invest other than stock market .
It. Does needs a little documentation and is very easy to use and also for one to one international transaction you can use it its much easier than converting your fiat currency in someone else's and then they would have to convert again.
Its universal and decentralized there are tons of advantages there are a few ^
honestly until now I have not known what the benefits bitcoin, but I see the prospect that my colleagues get very seductive, imagine, they can invest well in bitcoin well.
and I think this will be my reference for my future savings.
will continue to try and try how the bitcoin results. hopefully will be a good prospect in the future
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November 20, 2017, 04:47:37 AM
 #124

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes
People use bitcoin to earn more money. The price of bitcoin is increasing, and i can say it is the best asset right now. Advantage of bitcoin also is cheap and quick transaction.

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November 20, 2017, 04:48:16 AM
 #125

i think for me the biggest advantage of having bitcoin at the earlier time is that if in the future the value of bitcoin becomes higher, you benefit really bigtime for example, you bought 1 bitcoin for 40k and then in the future the value of 1 bitcoin is 400k, you really profitted big time.

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November 20, 2017, 04:50:40 AM
 #126

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes

there is a lot of reading about bitcoin, you can find a lot of knowledge about the benefits and usefulness of bitcoin. I think if you read it will bring understanding and knowledge for you. so I will not say anything, my advice look for a lot of knowledge about bitcoin.

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November 20, 2017, 04:50:53 AM
 #127

today you may not realize that bitcoin is capable of changing your life, and if you are able to survive in bitcoin, you will find many things you have never experienced before.
just wait, someday you will realize and feel the benefits of bitcoin.
and what I feel today, that bitcoin can slowly change my life, then from the physical side, I become critical thinking.

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November 20, 2017, 05:00:27 AM
 #128

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes
If you have a bitcoin the advantage of bitcoins in other currency is you have a lot of money "bitcoins" because 1bitcoins is equal to $8000 for now and i know that it will increase so much after a many years so just earn and hold it.
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November 20, 2017, 05:04:54 AM
 #129

Theres so many advantages but for me  It will be a great help for my financial suport as bitcoin will rise and be widely used. So its better to have some portion of it before its going to be expensive.

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November 20, 2017, 05:09:50 AM
 #130

btc is very useful like shopping and you can trade it for money or with your needs, most people are used or invested in the long term or short term to make a profit.

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November 20, 2017, 06:23:16 AM
 #131

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes
Bitcoin is not a virtual money , It is only a medium to have the transaction of money .
Here the basic reason to make the bitcoin was to show that there can be a technology that will be more better and more secure that banking system have in the present time .
Here we can see that in the practical life with fiat currency we have assurence that fiat currency have value given by the central bank authority , but here the bitcoin has no assurance by anyone to have bitcoin valuable by anyone , but a type of trust works between people to people and demand that makes the big need and demand in the cryptocurrency field to make trading ( buy of another coin and also sell ) .
Here bitcoin is can also be says as an medium of making money because we know that bitcoin is that option of the where we don't need to see toward the tax system much (but at the end we need to pay tax according to government laws in those countries where made ) .

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November 20, 2017, 06:25:00 AM
 #132

advantage of having a bitcoin is to earn money while you are playing online games <3
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November 20, 2017, 06:42:37 AM
 #133

There are so many advantages having bitcoin like it is leading crypto currency which can gives you a lot of profits as compare of any oter investments and you can use bitcoin for paying bills, Travel bookings also. Bitcoin is easy to carry and easy to transfer in any where through blockchain account.

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November 20, 2017, 06:45:48 AM
 #134

Having a btc is good because btc now is keep pumping up and if have btc onsider it as a gift..
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November 20, 2017, 07:40:00 AM
 #135

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes

Having a bitcoin is already an advantage. The moment that you acquired one makes your financial status okay. Also, you can be able to use it for investments and businesses such as trading. You can use it to buy things online as well. To have a bitcoin as early as possible is a really big advantage. We don't know what will happen to it once used by a lot of users.

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November 20, 2017, 07:42:02 AM
 #136

You can buy products online, Fast transaction for transfering money and the best part is, The value is keep on increasing monthly and that's the main reason why should we hold our coins longer, To earn more profit in the near future.
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November 20, 2017, 07:50:27 AM
 #137

You can buy products online, Fast transaction for transfering money and the best part is, The value is keep on increasing monthly and that's the main reason why should we hold our coins longer, To earn more profit in the near future.

This makes no sense. You both want to use your Bitcoin to buy products AND you want to hold on to them as the value increases.
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November 20, 2017, 07:51:42 AM
 #138

There are more advantage in Bitcoin.Well,as we know That Bitcoin is virtual currency.And it has a lot to offer. For example in payments,it has no limit to pay.You can send anywhere in the world.In any transaction in Bitcoin is fast compared to the banks.
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November 20, 2017, 07:52:25 AM
 #139

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes
There are many advantages that we can get from bitcoin. One of the advantages of bitcoin is there are now many jobs in the cryptocurrency that we can do in order to make money.


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November 20, 2017, 09:26:52 AM
 #140

First and foremost, it gives you that feeling of security for a brighter future. Realizing for a fact that having bitcoin is a very wise investment.
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