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Author Topic: What are the advantages of having Bitcoin?  (Read 6543 times)
ashlyvash00
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March 18, 2018, 09:53:07 PM
 #821

I think the advantage of having bitcoin is can earn 100$ in a day in trading. You can also triple or double your money in just a mont. Your money is easy can easly transact and safe secured than paper money
BitcoinGuruOne
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March 18, 2018, 10:23:53 PM
 #822

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

1) Potential to get filthy rich some day
2) Be cool and tell stories to girls about your crypto holdings
headache1327
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March 18, 2018, 10:32:54 PM
 #823

There are many advantages we can get in bitcoin. We can make money and get a nice profit when you have internet access and use your android phone. This is a job when you are in a boss position that has freedom in bitcoin.
AdamRay
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March 18, 2018, 10:37:29 PM
 #824

There are many advantages we can get in bitcoin. We can make money and get a nice profit when you have internet access and use your android phone. This is a job when you are in a boss position that has freedom in bitcoin.
Bitcoin generates high income for many people, Bitcoin has the advantage of being able to trade quickly without any third party. Lower costs with other banking transactions. This is also the main purpose of Bitcoin. But today, Bitcoin has been used by the speculators and forget the value of Bitcoin.

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ghost07
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March 18, 2018, 10:56:58 PM
 #825

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
Yeah bitcoin is a currency and all currency has the price is flactuating every single of time. Bitcoin has a big future because it is the mother of all ceyptocurrency that exist this time.
skyline247
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March 19, 2018, 12:50:14 PM
 #826

The biggest advantage of having bitcoins is that you have absolute control over your money. You decide what to do with it and what is appropriate for it. It is decentralized and no one person controls it.
Bitcoin also has the potential to make you a lot of money when you buy low and sell high. All it involves is having patience and waiting for the price to go back up is all.
cryptojac17
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March 19, 2018, 01:01:20 PM
 #827

The biggest advantage of having bitcoins is that you have absolute control over your money. You decide what to do with it and what is appropriate for it. It is decentralized and no one person controls it.
Bitcoin also has the potential to make you a lot of money when you buy low and sell high. All it involves is having patience and waiting for the price to go back up is all.
Good explanation mate since bitcoin is crypto currency you don't  have the burden of carrying physical money like. Mafia movies that you cannot also determine which is  the  fake or real one in bitcoin once you and access to the net you have everywhere in the world.

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March 19, 2018, 01:05:56 PM
 #828

I am more proud when I am just among the people closest to me who have bitcoin and also make a lot of money from it. So many people want to learn and use bitcoin from me. Of course there are many more advantages that can be felt like when just holding the bitcoin in a few days or what day is it then the value of the bitcoin was also increased.

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safarabela
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March 19, 2018, 01:13:58 PM
 #829

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 can make bitcoin as an investment, bitcoin price can be to increase and it will give profit. Invest now and you will benefit in the future.
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March 19, 2018, 01:20:59 PM
 #830

Bitcoin transactions are guaranteed Due to the fact that personal information is hidden from the throat eye, Bitcoin protects itself from identity theft. You are in control of your money with Bitcoin.

The future appeal of bitcoin lies in letting you take full control of your money, with fast and secure global transactions, and lower transaction costs.

Bitcoin also has the potential to make a lot of money when buying low and buying high. All it involves is having patience and waiting for the price to support it.
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March 19, 2018, 01:25:30 PM
 #831

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 a lot of benefits of using bitcoins. For instance, it is much more anonymous in comparison to PayPal where you have to give some documents while opening an account.
Since Bitcoin was born, Bitcoin founder, for the purpose of quick payment, low cost transactions. More convenient in making payments between countries. But today Bitcoin's benefits are gradually disappearing by speculators, who see Bitcoin as a business commodity. They buy and hold, they regulate the price increase BTC decrease as they, from which they enjoy the price difference. No one knows the benefits of Bitcoin anymore. They joined Bitcoin for business purposes.

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March 19, 2018, 01:26:01 PM
 #832

Bitcoin is used by worldwide. It is a new way of investment technology behind. There is risk but if it goes up, but in my opinion you could make profit more then any other investment.

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March 19, 2018, 01:34:12 PM
 #833

what is your purpose to have bitcoin in your wallet? if just save it without do something with bitcoin i think its useless, you just need to withdraw your bitcoin and save it into your bank. but if you use bitcoin for your daily use i think you need to have bitcoin in your wallet. especially if you use bitcoin for making profit, you need to have bitcoin in your wallet to be your capital

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rapperug92
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March 19, 2018, 01:36:36 PM
 #834

Bitcoin is the first algorithmic currency in the world
Blockchain technology
Extremely high security
High liquidity
Limiting inflation and counterfeiting
Not controlled by the government
tikong
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March 19, 2018, 01:58:54 PM
 #835

There are so many advantages when we use bitcoin and also we can have benefits thru it, and also we will be satisfied in the output of it. We can make and have money, we can buy things when it is converted thru money, the time we spend is worth the wait
freshm4ker
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March 19, 2018, 02:59:27 PM
 #836

For now many advantages such as trading collect information about the type of altcoin you want to exchange because it can be profitable. In mining a lot of calculations to be known such as power consumption that has the possibility of loss, the location in your place can have a strong internet signal and keep it profitable. Cool
alfstep
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March 19, 2018, 03:13:03 PM
 #837

The biggest advantage of having bitcoins is that you have absolute control over your money. You decide what to do with it and what is appropriate for it. It is decentralized and no one person controls it.
Bitcoin also has the potential to make you a lot of money when you buy low and sell high. All it involves is having patience and waiting for the price to go back up is all.

That is not all buddy
You dont really have any control over your bitcoin asset. Perhaps the number of bitcoin in your wallet stays the same, but the value is driven by the market, you have no power over it Grin
But to say bitcoin has huge potential in the future then I will say yes

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March 19, 2018, 03:19:55 PM
 #838

I believe the biggest advantage of bitcoin is you can use it as a store of value for example in a hardware wallet where you have total control of this"I am calling it asset". There you have full control over your asset and you are safeguarding it in your home without relying on a safebox in a bank minimizng all risks. The price of bitcoin can go up anytime and in the right moment it may change your life.

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March 19, 2018, 05:02:15 PM
 #839

Bitcoins’ ownership address can only be changed by the owner. No one can steal Bitcoins unless they have physical access to a user’s computer, and they send the bitcoins to their account. Unlike convential currency systems, where only a few authentication details are required to gain access to finances, this system requires physical access, which makes it much harder to steal.
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March 19, 2018, 05:36:13 PM
 #840

Another frequent question that have been asked in this forum maybe a hundred times.
Just an advise before posting a question, you could use the box in the upper right hand corner to search topics that you may want to ask. If you can't find some answer after several scrolls and reading by then you could post a question.
The number one advantage for me is the cut cost, bitcoins allows people to send money across the world without the need of a pile up paper works and payments.
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