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Author Topic: what are the benefits of bitcoin?  (Read 3966 times)
emondot
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January 11, 2018, 09:00:01 AM
 #581

Bitcoin as payment. First, the processing fee is paid by the sender, and the merchant does not pay anything to receive the funds. This cost is much lower than traditional payment networks. And then as a purchase, an advantage to buyers when using Bitcoin. This allows a faster confirmation time within 10 minutes, which is useful for international transactions. Bitcoin allows you to buy goods from abroad without worrying about currency differences. Coin storage is not difficult. The transaction fee is paid by the coin sender but the price is cheap.
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Millertheguy
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January 11, 2018, 09:16:05 AM
 #582

Financial benefits in that you get profits. The price is bound to go up so it is also a good investment.
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January 11, 2018, 09:59:05 AM
 #583

Bitcoin has numerous advantages and benefits over any currency. It is easily accessed. As what it showed us for the past years, it can really provide interests with our investments. Also, expected gains are more than expected losses. Furthermore, it offers several uses. It can facilitate digital transactions.

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January 11, 2018, 10:06:08 AM
 #584

what are the benefits you get in bitcoin? And how those it affect your daily living?
The benefits of the Bitcoin very much. One of the advantages I can of the Bitcoin is a better life. Because with Bitcoin I get a lot of knowledge and money.

E C O S T A R T | WE CREATE A CRYPTOCURRENCY FOR OUR PLANET
https://eco-start.com/
DesignerMissy
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January 11, 2018, 10:13:16 AM
 #585

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

I work as a camgirl, and we have a specific site for bitcoin, so, in terms of affecting my daily life, well, it's an integral part of my work. Anonymity is amazing when it comes to this currency, especially in the adult industry, so that's definitely a benefit. The fact that owning bitcoin is a huge investment for the future. The fact that you don't have to worry about differences in currencies between countries.
Ismat Morshed
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January 11, 2018, 10:20:54 AM
 #586

bitcoin is the digtal currency.the ma main benefit is any body can use it,invest it,and got profit it and earn income lot more.
tikaka
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January 11, 2018, 10:29:07 AM
 #587

The benefits of bitcoin bring us enormous. It is considered a useful, safe and fast method of payment. It is also considered a valuable asset. The benefits of Bitcoin in the future are enormous. It also helps to solve the problem of underemployment

SneakyRik
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January 11, 2018, 10:30:01 AM
 #588

It has the potential of actually making you rich by investing in it. But, it still depends on how much you are willing to risk since possibly losing money is a reality in investing.
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January 11, 2018, 10:30:14 AM
 #589

Bitcoin is money because bitcoin can exchange to physical money. The benefits that I've got in bitcoin is to earn more income or profit through that I can buy my needs and wants. I can support my daily life and specially my studies.
Wong Goblog
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January 11, 2018, 10:31:30 AM
 #590

Many of the benefits of bitcoin, for example is the price that continues to rise so as to make us continue to gain profit and it has been proven that many people become new rich from bitcoin.
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January 11, 2018, 10:37:53 AM
 #591

The benefits of bitcoin is the value of it. The more you invest the more profit you will get.The high value of it the better.

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January 11, 2018, 10:38:40 AM
 #592

Bitcoin has brought revolution to the banking  system with no third party involvement in it's transactions, no central bank has the authority to manipulate it.
There is no need to open a bank account in order to use bitcoin and also it is very difficult for any government of the world to manipulate it, they can only regulate it.
Bitcoin has made anonymous transactions possibly as people dislikes revealing their identities.

I Agree with this, 👍 its convenience was genuine. Additionally, the side profits that we received from it would really affect our daily living. It could help to raise you financially (depending on your skills and guts)

samistry
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January 11, 2018, 10:47:12 AM
 #593

Bitcoin despite its rapid flunctuations in price, still holds an immense value when compared to some of our ailing domestic currencies especially from third world countries.
Netnox
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January 11, 2018, 10:50:08 AM
 #594

Here are some of the major benefits, IMO:

1. Anonymity, up to a certain degree.
2. Ease of doing transactions.
3. Ease of storage.
4. Easily movable or convertible to other assets.
5. Decentralized asset, which can't be controlled or manipulated by anyone.
cepedacharles29
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January 11, 2018, 10:51:05 AM
 #595

what are the benefits you get in bitcoin? And how those it affect your daily living?
.
It changes my life in a very unexpected turn of events when my friend told me about this forum and how to earn bitcoin and other alt coins. I really never knew that that's the start of a life-changing journey. Now, i am even more confident about my future that it will be alright and with flying colors because financially, i worry no more.
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January 11, 2018, 11:01:54 AM
 #596

So much benefit i earn when i came through her in crypto world it makes me sense and make me more worthed than before,i was thankful to my referal that he never hesitate to let me understand what is cryptocurrency and how will it works to everyones life journey.
Nimbus Cloud
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January 11, 2018, 11:16:47 AM
 #597

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

The benefits of Bitcoin that I get is that all I invest in Bitcoin will go higher, I don't really get big profit right now but I hope in the future I will have it. The Bitcoin porpose for me is to get higher in the future   so if some cases like emergency that I may need big money to use in the future, Bitcoin will be the perfect thing to use.
MediChain
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January 11, 2018, 11:23:57 AM
 #598

Besides the financial point of view, the biggest takeaway from Bitcoin is the technology it invented.

Blockchain will have a huge impact in the future!
kache2018
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January 11, 2018, 11:50:17 AM
 #599

I think as a beginner, bitcoin has lots of benefits, I may not understand everything for now but I am certain in the next days I will be getting the benefits of it. Smiley
Victorycoin
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January 11, 2018, 11:54:23 AM
 #600

Here are some of the major benefits, IMO:

1. Anonymity, up to a certain degree.
2. Ease of doing transactions.
3. Ease of storage.
4. Easily movable or convertible to other assets.
5. Decentralized asset, which can't be controlled or manipulated by anyone.
I agree with all the points you highlighted above, except that with the prevalent delays and high cost of transaction fees, point 2. begins to read "false"

Nevertheless, the benefits of Bitcoin are numerous, but the core of it, revolves around its decentralization and censor-resistance. That's the stronghold of Bitcoin and what gives confidence to Bitcoin enthusiasts, other than these two, the many unfriendly friends of Bitcoin would have had their way in nailing its coffin.
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