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Author Topic: What are the advantages of having Bitcoin?  (Read 6501 times)
Msile
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April 05, 2018, 08:30:30 PM
 #1041

Bitcoins are not only safe and reliable but also easy to use, the transaction process is fast allowing users to share or process payment at relatively faster speed than the normal fiat.
STERLING98333
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April 05, 2018, 08:38:24 PM
 #1042

Biggest advantage of having Bitcoin is that since it's price is always fluctuating which leads to the income of money and this is known as trading.Well we need to know that fluctuating refers to good and bad.If price increases from your cost price of btc then you can trade for your profit.and if the price drops from your cost price then it can lead to loss of money.However bitcoins price drops only to increase hence it will surely gain it's price so be patient.
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April 05, 2018, 08:41:39 PM
 #1043

The advantage of bitcoin for me is to provide so many opportunities for its users, its value is always increasing, lucrative and fast transactions, can not be traced and not restricted so maybe I think its excess may be many more excess bitcoin according to people around the world
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April 05, 2018, 08:46:35 PM
 #1044

For me, the biggest advantage of having Bitcoin is investing in a system that is very very potentially profitable. Bitcoin is the main purpose payment system but now Bitcoin has become a valuable asset.
Vinodam
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April 06, 2018, 10:18:01 PM
 #1045

Bitcoin digital currency has several benifits. It reduces the risk of carry cash around but instead deposited in electronic wallet as digital currency for financial transactions like buying and selling, obtaining flight ticket and investing.
Doge dealer
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April 06, 2018, 10:25:17 PM
 #1046

the price of bitcoins fluctuates daily providing on most occasions a profit on your purchase price , bitcoins uses blockchain technology which up to this point is hacker proof so it is very secure. the bitcoin is decentralized which means your able to do transactions locally and internationally without the need for a bank or any other financial institution , thus avoiding bureaucratic red tape and exorbitant transaction fees.

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April 06, 2018, 11:01:07 PM
 #1047

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.
Testme
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April 07, 2018, 05:04:48 AM
 #1048

There are a lot of advantages of having a bitcoin. Bitcoin is a digital currency where in you can access it anywhere you are. And also bitcoin will help you to transfer, and send funds. You can also earn some bitcoin in joining signature campaigns. And learn a lot of things in reading forums Smiley
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April 07, 2018, 05:19:35 AM
 #1049

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 so many advantages of bitcoin even many people says that bitcoin is fake or scam. I will give you some advantages of bitcoin. So one of the advantage of bitcoin is the "tax" of it, because there is no tax. It means you can use it in any transaction such as investing, trading or buying without tax. And also you can use bitcoin wherever you are. Bitcoin is anywhere so that you can use it anywhere.
twitami1
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April 07, 2018, 05:25:57 AM
 #1050

Bitcoin is a digital document to the bearer. It is a way to exchange money or assets between parties that do not yet trust each other: a set of figures is sent by e-mail or, in extreme cases, in SMS. The sender does not need to know or trust the recipient or vice versa. Accordingly, there are no refunds - just like with cash - if you have money or property, you can pay them, if not, you can not. It's something completely new. What has never before existed in digital form.
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April 07, 2018, 06:53:51 AM
 #1051

Bitcoin, as is known, is a pioneer, recognizing only the principles of decentralization, universal democracy and consensus. Mr. Nakamoto, generously providing the source code for everyone, most likely pursued several goals. First: to find in the struggle for survival a significant number of allies. Although the main striking force was and continues to act itself bitcoin. Second: despite the availability of a springboard for the offensive prepared by the pioneer for other crypto-currency assets, the latter, and especially numerous forks, are an example of a peculiar telegony. That is, many of them managed to achieve some success, but they continue to remain in the shadow of the glory of the first digital monetary unit.
EVIAJOHNPAUL
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April 07, 2018, 07:05:41 AM
 #1052

There's have many advantage for any user it can be help to take more investment then they are easy and no hassle for a business because the bitcoin used in digital currency of money and good for income or assets no need man power works, but only you use gadget for trading and buy a bitcoin in market not all are accept the btc because they have a fair to invest but now bitcoin will increase than a a few years.
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April 07, 2018, 07:15:57 AM
 #1053

Bitcoin is the king of crypto world.  Bitcoin is so popular now a days. Its most advantages is its price is raising day by day . if you invest here profit can be double in a few days. Which is not possible if you invest in bank. It is safe and secure. Transaction fees is adjustable.
OlegK41
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April 07, 2018, 08:19:48 AM
 #1054

The main advantage of Bitcoin's ownership is the following
- You have an asset that is constantly becoming more expensive. Yes, with rollbacks down, with corrections, with falls, but in general it goes up!
In the near future there will be one more advantage. This payment is Bitcoin pervasive, the opportunity to buy real estate, cars and so on!
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April 07, 2018, 08:27:34 AM
 #1055

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 a lot of uses that really makes our life easy.
In our traditional world we tend to carry money around us which can easily attrack robbers. With bitcoin you dont have to carry it anymore and you can easily cash out the specific amount that you want.
With bitcoin,the coins that you have is very protected. It is unhackable.
Also you can easily send bitcoins to your friends and families.
As of now theres also alot of website and establishment which accept bitcoin as a form of payment.

Hellokitty09
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April 07, 2018, 08:28:38 AM
 #1056

Nowadays lots of people not aware of the use of bitcoin.The bitcoin has lots of advantages are there.The main advantage is the cheap and quick transaction.By the use of bitcoin, we can make money with a short period of time.

Yes. There's a lot of advantages in bitcoin. First, it is a digital currency where in access it anywhere. Its reduced the risk of carry cash around.  It is very potentially profitable. Its very confidential and secure that will not be easily to stole. It is completely something new. From there, I have a chance to become a little richer.
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April 07, 2018, 08:34:55 AM
Last edit: April 10, 2018, 09:10:23 AM by Diced90
 #1057

Bitcoin and all other cryptos have different advantages that they give to us.

As for bitcoin the advantage of having Bitcoin is it gives us affordable financial services as they eliminate middlemen

and sending funds to friends and family is now way cheaper than traditional currencies and this new economy allows the unbanked to access financial services.
RedooX
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April 07, 2018, 08:36:14 AM
 #1058

The advantages of having bitcoin are so many, bitcoin us a great assets so at that when you have bitcoin be rest assured that you are holding a great assets that has the capacity to turn your life around. Secondly bitcoin as a currency and as a member of the cryptocurrencies is good and safe for payment and does not need any third party for it transactions, bitcoin price is always volatile and in that case it is very hard for forks to speculate it price correctly. Bitcoin has the ability and the potential to gain popularity.
Karakyli
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April 07, 2018, 08:40:30 AM
 #1059

Bitcoin coins appear with great speed, while their maximum number is strictly limited - they can not be more than 21 million. And since there is no economic or political influence on this crypto currency, inflation does not exist either. That is why, it can be said that bitcoins are a more reliable asset than gold.
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April 07, 2018, 08:41:54 AM
 #1060

Bitcoin is considered one of the most liquid assets in the financial market by global Bitcoin exchange systems, trading platforms, and brokers. Investors, or holders of Bitcoin have Bitcoin can easily be exchanged for cash or other assets such as gold or other electronic money immediately, at low cost, unlike corporate shares or transaction funds that require third party processing and settlement. Order orders.
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