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Author Topic: What are the advantages of having Bitcoin?  (Read 6500 times)
St4yInTh3D4rk
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November 15, 2017, 12:37:57 PM
 #41

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 in your wallet it will make you rich in the future it is the most important advantage of having bitcoin.
If you see bitcoin as a currency you can go to anywhere in the world and buy anything you want with bitcoin single currency can be used in the whole world.And international transaction in bitcoin is much more easier and convenient than the normal fiat currency transaction.The transaction fee costed in bitcoin transaction is less than fiat currency transaction.
If you have bitcoins you don't have to pay any taxes to the government you have the full rights of using it and no one can take your bitcoins without your permission.

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November 15, 2017, 12:38:05 PM
 #42

Clearly the main advantage is the thrill of knowing your life savings could be either doubled or lost in a short span of time.
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November 15, 2017, 12:41:10 PM
 #43

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

And international transaction in bitcoin is much more easier and convenient than the normal fiat currency transaction.The transaction fee costed in bitcoin transaction is less than fiat currency transaction.

But reality is different. Right now you have no way of knowing whether a transaction takes minutes, hours or days - or gets dumped altogether and you have to try again. Unless you pay an extremely large fee to have it done faster..... Reality is that Bitcoin payments are either slower or more expensive than normal payments - or both
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November 15, 2017, 12:45:27 PM
 #44

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
For me, i think the advantages of having a bitcoin is that, you have more potential to be rich and earn a lot of money in the future rather than to those people who dont have any idea about bitcoin and other cryptocurrencies. Also, bitcoin's idea teach us how to save and invest for our future life.
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November 15, 2017, 12:48:09 PM
 #45


If you have bitcoins you don't have to pay any taxes to the government you have the full rights of using it and no one can take your bitcoins without your permission.

In other words - to you the main advantage is that it allows you to be a criminal and avoid paying taxes
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November 15, 2017, 12:55:21 PM
 #46

Currently Bitcoin is good tool for money investment. Criptocurrency capitalization grows every month and BTC price grows tool. May be in several years the price pumps will not be so high as nowadays.

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November 15, 2017, 12:59:21 PM
 #47

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
For me, i think the advantages of having a bitcoin is that, you have more potential to be rich and earn a lot of money in the future rather than to those people who dont have any idea about bitcoin and other cryptocurrencies. Also, bitcoin's idea teach us how to save and invest for our future life.

absolutely right, bitcoin is one of the biggest potential to make us become rich in quick time. because its value can change rapidly in a short time too, and I think there is nothing like bitcoin.,so that's one of the advantages of having bitcoin. In addition, the advantages is if you put the money into bitcoin the value your money will continue to grow compared to saving in a bank.

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November 15, 2017, 01:04:04 PM
 #48

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

You're right. Actually, there are many advantages of having bitcoin. We all knew that bitcoin is one of the way of earning or making money online with the use of gadgets. Another one is, it makes an easier online transactions and it has something to do on our own because it develops our skills and teaches us on how to invest more.
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November 15, 2017, 01:04:46 PM
 #49

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
.
I have like no worries right now after having involved with bitcoin.  I was able to be penny wise and value the money I have.  With bitcoin, since the wallet I am using is in partnership with banks and other services, there is no need for me to wait in line.  I paid my electricity bill, credit card bill, and health insurance using bitcoin.  
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November 15, 2017, 01:04:58 PM
 #50

the deals offered between users are very convenient and secure because the bitcoin operating system is peer to peer and hence there will be no problem. its users can also invest bitcoin in some time will benefit a lot

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November 15, 2017, 01:19:26 PM
 #51



absolutely right, bitcoin is one of the biggest potential to make us become rich in quick time.

Ahhh.... in other words the advantage is that Bitcoin is a "get rich quick" scheme.

Clearly one of the strongest signs to run away from this as fast as possible
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November 15, 2017, 01:25:30 PM
 #52

 Actually, there are many advantages of having bitcoin. We all knew that bitcoin is one of the way of earning source,
if u invest bitcoin then u can earn bitcoin and day by day increase bitcoin price!! that's why have good advantage!!

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November 15, 2017, 01:29:49 PM
 #53

the only advantage atm i see is hooold, untill it hits 1 satoshi = 1$
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November 15, 2017, 01:39:18 PM
 #54

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
Most people using bitcoin now, to used trade and buy. Because in bitcoin there are more benefits, we used pay bills and buy our needs. And if you have bitcoin right now it is good because in the near future the value of the bitcoin is getting higher, and bitcoin is good investment.
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November 15, 2017, 03:37:51 PM
 #55

Bitcoin is like an movable asset that hold values, and you could play with it in various form. Like how currency works you could buy stuff, various of stuff including services and goods but still that's not the main point. What's make bitcoin advantageous is it's growing value, security and usability in trading. There is 0 risks to lose your bitcoin as it doesn't just disappears excluding being hijacked or sort, and you could sell them back into fiats and do various kind of trading that could generate for your even more profit, since the crypto world is still unregulated, having bitcoin is like the first gateway to access many types of opportunities that could gain you profit that is unlikely in fiat world.

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November 15, 2017, 04:20:43 PM
 #56

There are many advantage of having Bitcoin.....
-we buy cloth
-we buy academic substance, books.
-we buy flat and car

Right at all. Someone buying car or apartment with Bitcoin. Someone body buying books, story books,  academic script with btc.....  Otherwise Bitcoin have many advantages too.......
*easy to earn
*more profitable
*no risky
*easy to trade
*easy to transfer
*easy to exchange
*earning cycle time is tiny
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November 15, 2017, 04:22:30 PM
 #57

Bitcoin is the leader of the crypto world , having them will surely have advanteges for you in the future.
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November 15, 2017, 04:25:18 PM
 #58

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
Advantages? There are lots if you do compare it regarding on payment system compared to local fiat and also on the full control of your own money. Bitcoin do really give the convenience on transferring money without any 3rd party involve and in just on a matter of clicks you would able to transfer money anywhere globally as long you do have the internet connection and also come to think off that bitcoin do also give the benefit or opportunity on making money on what it makes special though and been a great thing on which most people could see.

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November 15, 2017, 04:40:08 PM
 #59

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
advantage of bitcoin in my live the transaction or everytime i pay it's easy to pay because if you bring with you your phone you can pay in a very easy way and bitcoin provides everything that I need such as gadget for communication to others laptop for my studies because it's really hard to study or to make thesis and reportings if you do not have your own laptops.
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November 15, 2017, 04:50:09 PM
Last edit: November 15, 2017, 07:06:55 PM by lite
 #60

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 can be used for shopping, investing etc.. you can buy absolutely anything with bitcoin, you just have to find a buyer. Wink i'm using bitcoin for shopping, investing,trading,gambling etc.. the main advantage of having bitcoin is that it's easier to pay across the globe.
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