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Author Topic: what are the benefits of bitcoin?  (Read 3966 times)
xDsoGood (OP)
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December 07, 2017, 09:49:13 PM
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what are the benefits you get in bitcoin? And how those it affect your daily living?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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shouter
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December 07, 2017, 09:54:31 PM
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The benefits are all related to financial life. This affects our lives in a positive way, as it enables us to improve the standard of our lives.
MiiDoViic
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December 07, 2017, 09:55:42 PM
Last edit: December 07, 2017, 10:13:30 PM by MiiDoViic
 #3

What are the benefits of money ? Bitcoin is no different than money, It has an exchange so it has a value, It's not the bitcoin that's going to effect your life it is the revenues that you are going to get from it. Every bitcoin invester is dreaming to be rich one day from his investments in it. That is the goal of bitcoin (making us rich) . For me It's effecting my life very positively ,because it is making me financially comfortable and confident.
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December 07, 2017, 10:01:14 PM
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Bitcoin has a lot of benefits. It's decentralized and eliminates intermediaries. It is useful for peer-to-peer transactions. Transactions can be made easily and the privacy is protected. But unfortunately these benefits are not why people are using Bitcoin. Bitcoin is not used as a payment system. It's an asset which people are investing in.
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December 07, 2017, 10:11:11 PM
 #5

Bitcoin has the following advantages:

- Low cost: If you transfer money through bank to friends or relatives usually will take a cost but with Bitcoin it is free or just take a small fee.
- Efficiency: Bitcoin money is sent and received almost instantly, regardless of where you send it anywhere in the world, at any time of day or night.
- High security: Transactions do not contain personal information, it is hidden on the system, allowing security of user information to avoid identity theft.
- Transparency: All transaction information is included in the bitcoin trading website or electronic wallet.
- Controls: Users can control their transactions without any management

The biggest advantage of Bitcoin in my opinion is that it is highly secure, every Bitcoin transaction is safe, not risky.
Boov
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December 07, 2017, 10:30:42 PM
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what are the benefits you get in bitcoin? And how those it affect your daily living?

Bitcoin is so useful and it helps me a lot. In price of it, It's so unbelievable and this is the one thing that helped me. I spend a year working with Bitcoins. I can provide my own money now because of Bitcoin. I can put my money in my bank accounts. I can secure my money because of it. I love bitcoin because it always help me financially and mentally.
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December 07, 2017, 10:40:59 PM
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Bitcoin confers certain benefits on users such as:

Liberty: One of the attributes of Bitcoin is the enablement to be in control, a driving seat sort of experience. You become the manager of your money or resources, not needing anyone to tell you when, how or where to use the money. With Bitcoin, you can transact without recourse to any third parry such as credit card companies and banks. That liberty is expressed in you being the manager of your account. You can check up your wealth without the prying eyes of the bankers looking over your shoulder.

Limitlessness: There is no other currency as unifying the human race as bitcoin. When you send me the Deutsch Mark, my mind goes to the Germans, send me Yen, I think of the Japanese, Yuan the Chinese and on and on. But with Bitcoin, it is a universal currency. Everyone ought to want to use it. Every merchant in every country. The days are nearly gone when governments would place restrictions on their citizens on whom to send or receive payments from. With internet connection, you can deal with everyone, anywhere, everywhere, anytime. That's the blockchain advantage. The bitcoin benefit.


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mcan
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December 07, 2017, 10:43:19 PM
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makes you rich
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December 07, 2017, 10:45:20 PM
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what are the benefits you get in bitcoin? And how those it affect your daily living?

Bitcoin is so useful and it helps me a lot. In price of it, It's so unbelievable and this is the one thing that helped me. I spend a year working with Bitcoins. I can provide my own money now because of Bitcoin. I can put my money in my bank accounts. I can secure my money because of it. I love bitcoin because it always help me financially and mentally.

It's good when you are keeping Bitcoins and the price is rising. Consider that you are keeping some bitcoins and the price is falling. In this case, most probably you prefer to convert your money to fiat and trust banks.
jake zyrus
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December 07, 2017, 10:49:25 PM
 #10

The benefits are all related to financial life. This affects our lives in a positive way, as it enables us to improve the standard of our lives.
The  benefits we can get in bitcoin is easy to join no requirements in joining and easy to transact and to convert bitcoin to cash. The other benefits we can in bitcoin our knowledge to communucate to other people, and information technology about the curency. In joining bitcoin is one most good benefits we can get we earn in high profit and make us financially secure.

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December 08, 2017, 07:09:32 AM
 #11

On my opinion the benefits you can earn through bitcoin is you can have a better financial growth. It will help you financially by joining, investing is slso one of the key for a better future in bitcoin. It is really a life changing experience for me.
White32
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December 08, 2017, 07:22:15 AM
 #12

The benefits of bitcoin are you can earn money at home, no requirements when you apply for, you can manage your time, less hassle, and theres nothing to follow like boss..

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December 08, 2017, 07:30:55 AM
 #13

benefits of bitcoin have a better financial it can change your life by earning money in bitcoin
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December 08, 2017, 07:33:48 AM
 #14

Bitcoin has the following advantages:

- Low cost: If you transfer money through bank to friends or relatives usually will take a cost but with Bitcoin it is free or just take a small fee.
- Efficiency: Bitcoin money is sent and received almost instantly, regardless of where you send it anywhere in the world, at any time of day or night.
- High security: Transactions do not contain personal information, it is hidden on the system, allowing security of user information to avoid identity theft.
- Transparency: All transaction information is included in the bitcoin trading website or electronic wallet.
- Controls: Users can control their transactions without any management

The biggest advantage of Bitcoin in my opinion is that it is highly secure, every Bitcoin transaction is safe, not risky.
In banks, transfers between accounts take an average of 3-5 business days or more if they are foreign transfers. In the crypt the currencies are instantaneous. However, when working with large amounts, it is recommended that you wait for several confirmations from the transaction network, usually takes less than an hour.
Wittycoin
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December 08, 2017, 07:37:21 AM
 #15

what are the benefits you get in bitcoin? And how those it affect your daily living?
What benefits that bitcoin gives to me is that it gives me job and I have more time for my family because bitcoin does not need too much time.  It is where I can my daily allowance. 
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December 08, 2017, 07:48:35 AM
 #16

what are the benefits you get in bitcoin? And how those it affect your daily living?

The benefit of bitcoin is it can not be hacked and fully anonymous so no one can trace our transaction.The we no need to pay any taxes if we use as bitcoin and bitcoin can't be steal if we have it in a paper or hardware wallet unlike fiat or gold it can be steal if unfortunate.And the most important benefit is it is giving good profit by its price growth so it will make us rich in future.

Samueltalk
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December 08, 2017, 07:50:30 AM
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Joining bitcoin is a very good benefit that we can, because bitcoin for me has given me the main job, and has given me many advantages.
Yurkov
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December 08, 2017, 07:54:48 AM
 #18

Bitcoin has the following advantages:

- Low cost: If you transfer money through bank to friends or relatives usually will take a cost but with Bitcoin it is free or just take a small fee.
- Efficiency: Bitcoin money is sent and received almost instantly, regardless of where you send it anywhere in the world, at any time of day or night.
- High security: Transactions do not contain personal information, it is hidden on the system, allowing security of user information to avoid identity theft.
- Transparency: All transaction information is included in the bitcoin trading website or electronic wallet.
- Controls: Users can control their transactions without any management

The biggest advantage of Bitcoin in my opinion is that it is highly secure, every Bitcoin transaction is safe, not risky.
In banks, transfers between accounts take an average of 3-5 business days or more if they are foreign transfers. In the crypt the currencies are instantaneous. However, when working with large amounts, it is recommended that you wait for several confirmations from the transaction network, usually takes less than an hour.
Often with international transfers, banks or payment systems automatically convert money in their own way, far from the most profitable rate.With a bitcoin it is not . The commission, if any, is specified before the transaction is executed

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December 08, 2017, 07:55:04 AM
 #19

what are the benefits you get in bitcoin? And how those it affect your daily living?
Effect in habit. Actually spend free time by sleeping but now spend in crypto.
Bitcoin also effect in economy life. I get more income in bitcoin.
Rajamuda
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December 08, 2017, 08:05:17 AM
 #20

Make my life look more advanced, in terms of work and finances.
How not to affect, so far I often earn profits derived from bitcoin incomes/other cryptocurrency and had been able to build/push a business that I run at home.
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