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Author Topic: Bitcoin only an advantage ?  (Read 608 times)
Geoll29
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January 20, 2018, 03:04:05 AM
 #61

Cash can't be compared to bitcoin because cash is still the king. There are so many advantages using cash than relying in bitcoin. The main advantage of bitcoin over cash is convenience.

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busua
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January 20, 2018, 03:51:12 AM
 #62

Bitcoin relies entirely on P2P networks to operate without central servers, so any external force can do nothing about it, unless global power is down or the entire Internet is down. While the bitcoin market may fluctuate, crash, socially vested interest groups and groups may declare it illegal, the huge peer-to-peer P2P and bitcoin P2P networks will not disappear.
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January 20, 2018, 03:53:38 AM
 #63

Bitcoin is anonymous, tax-free, regulatory-free and more. Because of these characteristics, bitcoin may be widely used in underground black market transactions, money laundering activities, and gambling, cross-border transactions. Because of the huge market demand in these areas, there is little need to worry about the declining Bitcoin liquidity.
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February 06, 2018, 06:06:38 PM
 #64

I have perused in the news that that like bitcoin as virtual monetary forms are resources and does not have the attributes or what it takes to be a cash that could meet our cutting edge financial necessities. It was said that it doesn't have the major characteristics. What are your considerations about it?
Invention of bitcoin is very very innovative idea. BTC is the boon for the entire planet. Bitcoin is an asset for the planet . There are several advantages that make bitcoin so successful. BTC is entirely tax free, there is no regulating body over it, there is no involvement of any third party seizure, it is very confidential mode of transactions. These are very few of many that made millions of people to invest into BTC.
clubchain
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February 07, 2018, 03:25:30 AM
 #65

The advantages of bitcoin are many,
One of the advantages: to decentralize (safe + transparent)
Two advantages: can not be tampered with, can not be forged
Three advantages: easy trading, especially transnational transactions
Four advantages: no inflation
LindaFallar
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February 07, 2018, 03:32:43 AM
 #66

I think Bitcoin doe not only provide advantages to the users. It also provides disadvantages. For example is the offering of low value of bitcoins which affect the bitcoin users.
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February 07, 2018, 03:39:13 AM
 #67

For me bitcoin is an advantages, when it falls i'd buy but when it rised i'll sell it.. That is advantages
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February 07, 2018, 04:10:17 AM
 #68

On the currently form it's a fact Bitcoin can't replace cash. Bitcoin can't be used for small transactions at this moment, also it doesn't have capacity for mass adoption. But I believe Bitcoin isn't here to replace fiat totally, we can live using several currencies if we wish. We have our local currency, we have Crypto-Currencies and we can use all of them for different activities. At least we should have the right to do this.

 
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SaiWAFU
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February 07, 2018, 04:20:58 AM
 #69

I have perused in the news that that like bitcoin as virtual monetary forms are resources and does not have the attributes or what it takes to be a cash that could meet our cutting edge financial necessities. It was said that it doesn't have the major characteristics. What are your considerations about it?
When you want to buy bitcoin you have to pay in cash then go to some remittance stores that offers that kind of service. I use an app that converts peso to btc and for me to do that is to go to a convenience store that does that transaction. So, what I mean is you're quite wrong about your perception with bitcoin. Smiley
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February 07, 2018, 04:33:03 AM
 #70

I have perused in the news that that like bitcoin as virtual monetary forms are resources and does not have the attributes or what it takes to be a cash that could meet our cutting edge financial necessities. It was said that it doesn't have the major characteristics. What are your considerations about it?

yes I still think that way too, so the more bitcoin you are then the more fortunate you will be.  Grin

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February 07, 2018, 04:35:15 AM
 #71

I have perused in the news that that like bitcoin as virtual monetary forms are resources and does not have the attributes or what it takes to be a cash that could meet our cutting edge financial necessities. It was said that it doesn't have the major characteristics. What are your considerations about it?
I agree if bitcoin has no attribute, physical form and is still far from the hope of becoming a currency. but you can see if the current bitcoin is very good as an investment tool. and especially we can use bitcoin as a source of income. so there's no harm in playing bitcoin to get an advantage.
awawo
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February 07, 2018, 04:41:09 AM
 #72

Bitcoin has many advantages, ranging from bitcoin as a currency to bitcoin as and assets, bitcoin has a characteristic as all other currency has that is it ability to be use as a medium to pay for goods and services but bitcoin transactions are done online since bitcoin is a digital currency. And again bitcoin is an assets that has a very good potential to earn big interest for those who invest in it.
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February 07, 2018, 04:49:30 AM
 #73

Bitcoin have many advantages like with thru bitcoin you able to send and get money anywhere in the world at any given time.We have control in our money because there is no central authority or middleman in the Bitcoin network like central bank.Also Bitcoin exchanges help merchant  or store process transactions by converting bitcoins into fiat currency. We are able to exchange at lower fees.
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February 07, 2018, 04:54:49 AM
 #74

Bitcoin is characteristic of anonymous transactions and decentralized transactions, but these features are often exploited by criminals, causing many to dislike bitcoin.
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February 07, 2018, 05:03:08 AM
 #75

Bitcoin has many advantages,  its very secure and decentralized. Bitcoin can get there value high . Since its digital and very secure it cant be stolen from you. Bitcoin also its a good investment because with help of bitcoin you can get high profit from it. You can send money without any transaction fee. And less hassle you dont have to travel and go to any remittance store.  You can send money to bitcoin.

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akkocoin
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February 07, 2018, 05:14:02 AM
 #76

I have perused in the news that that like bitcoin as virtual monetary forms are resources and does not have the attributes or what it takes to be a cash that could meet our cutting edge financial necessities. It was said that it doesn't have the major characteristics. What are your considerations about it?
Bitcoin can monitor the global currency liquidity. The drop in liquidity will give early warnings to civilians, businessmen and governments all over the world. All countries in the world will reach an agreement and formulate solutions to prevent the economic crisis.
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February 07, 2018, 05:21:49 AM
 #77

my opinion the advantage of bitcoin makes it easier to pay money or pay without first getting out of the house to pay your trasac and also used it to ico to buy tokens
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February 09, 2018, 04:02:38 AM
 #78

Owning bitcoins today are advantageous, you should treat it as an investment to properly appreciate it. Bitcoins will surely gain more support in the future making it easier to use.

I am also sure that in future more people and many countries will use Bitcoins and probably other cryptocurrencies. We will pay with BTC for school, hotels, airplane and train tickets, for entertainments and even in casinos.
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