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Author Topic: What are the advantages of having Bitcoin?  (Read 6501 times)
Bakemat
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November 20, 2017, 12:28:30 PM
 #161

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 advantage if you have an bitcoin. maybe it is an inherit to your children in the next generation when the time comes bitcoin will being popular in not only in the internet but other used it in the others store in the reality. for now the bitcoin is used only for online shopping but i believe that sooner the bitcoin will spread in all over the world. and the other advantage of it it if you have bitcoin there's a less risk and hassle because the faster is transaction unlike the other credit cards or atm or what
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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November 20, 2017, 12:32:46 PM
 #162

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
Yes it have. Main advantage here was you can make money from it. Bitcoin gives money as you convert it into fiat. Next bitcoin can make transaction too. You can send it anywhere as long as the receiver know it too. Also even wherever you are you can used bitcoin by just using your gadgets together with your internet connection.

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micheal wang
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November 20, 2017, 12:50:31 PM
 #163

I know about profit bitcoin have full control over their transactions, it is not possible for sellers to create unwanted or unnecessary bills as can happen with other payment methods. Payment with Bitcoin can be made without including a personal identifier for the payment process. This provides strong protection from identity thieves.
Bruce1614
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November 20, 2017, 12:58:18 PM
 #164

There are many focal points that we can get from having bitcoin. To begin with we can profit out of bitcoin. Simply utilizing you devices like cellphones or portable PCs or PCs, we would now be able to acquire cash. Another is that we can pay bills or we can make exchanges simpler due to bitcoin. Particularly for the individuals who would prefer not to go on a congested road just to pay their bills. It truly is exceptionally useful and advantageous from numerous points of view we can even begin business on the off chance that we have enough reserve funds from doing bitcoin.
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November 20, 2017, 01:37:24 PM
 #165

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 has similar functions as fiat. Like a medium of exchange as form of payment for goods and/services. But with Bitcoin, you can choose to hold it and let grow in value which will give you profit. Or trade with alts to widen your chances for more profit. There are alot of good things you can gain with Bitcoin...it's just a matter of making the right decisions.

DoublerHunter
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November 20, 2017, 01:50:28 PM
 #166

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 has similar functions as fiat. Like a medium of exchange as form of payment for goods and/services. But with Bitcoin, you can choose to hold it and let grow in value which will give you profit. Or trade with alts to widen your chances for more profit. There are alot of good things you can gain with Bitcoin...it's just a matter of making the right decisions.
I agree with you that it has something that is same with the fiat currency and that is being a money that can be use to make payments for an item or service but the huge thing that make difference with bitcoin compare to the fiat is the possibility to make a lot of money by just investing in bitcoin and keeping it for long term.
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November 20, 2017, 01:51:18 PM
 #167

Bitcoin is a virtual currency that fluctuates it's value every single day. So, people all over the world are doing gambling with it. Millions of people bought Bitcoin and still making a profit from it. Some are becoming the millionaire. So, how much advantage you want from bitcoin? It's making people profitable. Its price is increasing day by day. Near January 2018 it will become approximately 10000$. For more information, check www.propthereum.io
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November 20, 2017, 01:59:56 PM
 #168

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
Well, having bitcoin is like having gold that has more value than cash. We all know that bitcoin has more advantages than cash or in gold. One of the biggest of having bitcoin is you can transfer money easily and you can pay your bills instantly and I think its better have bitcoin than cash.
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November 20, 2017, 02:05:56 PM
 #169

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 bitcoin has a lot of advantages, we will be eased into virtual payment transactions, and bitcoin is an investment alternative other than gold
Kayum10029
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November 20, 2017, 02:09:14 PM
 #170

There are a lots of advantages of having Bitcoin....
*many poor students carry their educational expensive via Bitcoin.
*by Bitcoin we buy clothes, shoes, suits and coats
*by Bitcoin marketing, shopping and paid wages in restaurants
yes sir  nice information . above information indicate the daily uses things. besides this uses bitcoin changes our life style, travel status,food habitation. bitcoin changes our life having a luxurious car, apartment etc.

Eraldo Coil
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November 20, 2017, 02:14:46 PM
 #171

The advantages of having a bitcoin are you can hold it until its value gets really high and you will get benefits from it. It is important to properly hold bitcoins.

oemar bakrie
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November 20, 2017, 02:24:27 PM
 #172

our profits have very much bitcoin,as we store precious treasures,
with bitcoin we can buy just enough of anything with bitcoin we have..!!
especially if the market needs a day in a country that has received many bitcoin exchange we will be very easy to trade and buy and sell.

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shezu007
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November 20, 2017, 06:48:36 PM
 #173

our profits have very much bitcoin,as we store precious treasures,
with bitcoin we can buy just enough of anything with bitcoin we have..!!
especially if the market needs a day in a country that has received many bitcoin exchange we will be very easy to trade and buy and sell.
The advantages of holding bitcoin is it help you in future. Also it give you more wealth than it is now because the value of bitcoin is rising day by day in a result if you hold a single bitcoin the value it increase in market and you can easily get a good profit. So buy today and hold for time.
imking
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November 21, 2017, 02:41:10 PM
 #174

There are many advantages of having a bitcoin. The bitcoin can use a mode of payment. Some remittance center and banks can use also, but in bitcoin, we don’t  go there just to pay our bills, with the help of Bitcoin we can quickly pay our bills with the low fees and without going around.
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November 21, 2017, 02:59:20 PM
 #175

The advancement of cryptocurrency being used and accepted by a lot of merchants online has an increasing growth! That is why it is high time to invest. A lot of cryptocurrency are now emerging and the originals are bitcoin. And it is never too late to invest. One of the best is Ethereum! I like that www.propthereum.io and their whitepaper is accesible for everyone. It helps me understand the whole concept. Please check it out.
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November 21, 2017, 03:08:11 PM
 #176

Bitcoin is virtual currency and it used for digital transactions.it is very useful for sending and receiving the money through the internet.this is unstable and profitable investment.
janah
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November 21, 2017, 03:17:28 PM
 #177

Payment freedom - It is possible to send and receive bitcoins anywhere in the world at any time. No bank holidays. No borders. No bureaucracy. Bitcoin allows its users to be in full control of their money.

Choose your own fees - There is no fee to receive bitcoins, and many wallets let you control how large a fee to pay when spending. Higher fees can encourage faster confirmation of your transactions. Fees are unrelated to the amount transferred, so it's possible to send 100,000 bitcoins for the same fee it costs to send 1 bitcoin. Additionally, merchant processors exist to assist merchants in processing transactions, converting bitcoins to fiat currency and depositing funds directly into merchants' bank accounts daily. As these services are based on Bitcoin, they can be offered for much lower fees than with PayPal or credit card.

Fewer risks for merchants - Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information. This protects merchants from losses caused by fraud or fraudulent chargebacks, and there is no need for PCI compliance. Merchants can easily expand to new markets where either credit cards are not available or fraud rates are unacceptably high. The net results are lower fees, larger markets, and fewer administrative costs.


Security and control - Bitcoin users are in full control of their transactions; it is impossible for merchants to force unwanted or unnoticed charges as can happen with other payment methods. Bitcoin payments can be made without personal information tied to the transaction. This offers strong protection against identity theft. Bitcoin users can also protect their money with backup and encryption.

Transparent and neutral - All information concerning the Bitcoin money supply itself is readily available on the block chain for anybody to verify and use in real-time. No individual or organization can control or manipulate the Bitcoin protocol because it is cryptographically secure. This allows the core of Bitcoin to be trusted for being completely neutral, transparent and predictable.
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November 24, 2017, 05:31:17 AM
 #178

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.

Well there are a lot of good advantages of bitcoin because bitcoin is one of the currency which help humanity and it change a life of thousands of people and still it’s trying to facilitate people its price is very high and its transition are also very fast and bitcoin is now available in almost every country so everyone love bitcoin and they support bitcoin as well.
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November 24, 2017, 06:04:07 AM
 #179

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 having bitcoin.  First we can make oney out ouf bitcoining. Just using you gadgets like cellphones or laptops or PCs, we can now earn money. Another is that we can pay bills or we can make transactions easier because of bitcoin. Especially for those who do not want to go on a traffic jam  just to pay their bills. It really is very helpful and convenient in many ways we can even start business if we have enough savings from doing bitcoin.

Yes, bitcoining really is helpful for it produces virtual money that we can also earn. Finding how to use bitcoin is quite easy and convenient because we use gadgets which are necessary nowadays and are easy to find. Bitcoining is really easy to use in transactions because we only need internet, if someone doesn't want to waste money in travelling just to pay bills, they could rather use bitcoin. Someone who is unemployed can start a business through bitcoining.

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November 24, 2017, 06:30:51 AM
 #180

Bitcoin's advantage is that we can earn money using computers and cell phones. and we can also invest in a trusted website to double your money and increase it. and you can pay your fees and you can also do business. somuch lower fees in transferring money and your account will never be lost.
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