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Author Topic: what are the benefits of bitcoin?  (Read 3966 times)
iqlimasyadiqa
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January 14, 2018, 07:02:32 AM
 #641

There are so many benefits in using Bitcoin, I have said several times that Bitcoin has changed my life.
Basically Bitcoin used to perform various financial transactions that we do, the transaction process that we do also run very quickly and easily.
I've been using Bitcoin for several years and this is one of the best payment methods I've ever used.
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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megamanexe002
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January 14, 2018, 07:03:15 AM
 #642

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.

Bitcoin is more beneficial to all people..give more benefits to society most popular and valuable digital currency in the world..reduces unemployment more and more people worldwide successfully accepted bitcoin Kiss
Taqi Ahmad
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January 14, 2018, 07:06:34 AM
 #643

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 of bitcoin are advantage to our life, such as investing life insurence or income. So, it's all related with our lives, because it's a digital asset or crypto currency who used in internet.
baho11
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January 14, 2018, 07:11:52 AM
 #644

The first and most important advantage of bitcoins is that it will give you a big profit from your money , and also it will give you a standard life ,and a profitable money,and it will also safe from any difficulty,and the other thing is that you can just safe your  bitcoins and the price will go up .
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January 14, 2018, 07:43:01 AM
 #645

The bitcoins gives a source of income to the bitcoin user's as bitcoin network is a decentralized network there is no third party involvement for transacting worldwide and all transactions are recorded in the ledger called the blockchain technology, bitcoin technology gives good level of financial freedom to the user's and  as the price of bitcoins are too high the user's will be free from financial burden unlike the national currency as the user's will be able to earn bitcoins by working in the bitcoin and blockchain network or by providing products or services in exchange of bitcoins.

daxkie
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January 14, 2018, 07:58:33 AM
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 #646

May be the people looking not the name of bitcoin they are looking the benefits of bitcoin because if you have a bitcoin you can use to buy anything that bitcoin accepted to pay and you can change a government money in any money exchange as long it is accepted and the exciting in bitcoin is the value itself its incredible than a government money  
mackenzie5
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January 14, 2018, 08:31:59 AM
 #647

Bitcoin has lots of benefits and at the same time some sorts of disadvantages  are  also there.The Bitcoin transaction can be carried out from anywhere to other country within minutes .For the above transactions we only need to down load Bitcoin wallet program and to generate a bitcoin address .The transaction fees is extremely low comparing to the bank charges.The value of bitcoin is stablised  now and the major disadvantage of bitcoin is that once it is transacted it is irreversible so make sure that the transaction should be with the right person or the true vendor only.
Da Cambodia
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January 14, 2018, 08:38:55 AM
 #648

The benefits of bitcoin is that it is an internet currency that can used in international affairs or negotiations.
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January 14, 2018, 08:39:45 AM
 #649

In a major affect of bitcoin in my life I am continues in using English words and I learn a lot here. Taking care of my self post not to get if possible an off topic message. Bitcoin is making everyone speak English and write English to be connected to others. Bitcoin is making and giving more benefits to everyone.
wojiaohahaha
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January 14, 2018, 08:54:58 AM
 #650

I think now hold COINS is a good investment way, now the currency of the relatively low price, now very good, the development of the currency in the near future, the price will reach new heights
Scavagers
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January 14, 2018, 09:01:57 AM
 #651

what are the benefits you get in bitcoin? And how those it affect your daily living?
bitcoin helps me personally. It benefits me in a way that I can make my own money. I do not need to ask for money anymore and aside from that I can help my family by giving them what I earn from this. This serves as an alternative source of income aside from my current job and it allows me to sustain my life and buy my needs and also what I want.One advantage is you will be more knowledgeable because you learn a lot of things here that are not thought in school.
blacktajin
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January 14, 2018, 09:03:25 AM
 #652

there are lots of benefits of bitcoin, some of these.. it can easily transfer one address to another address. and it's balance always remain with you. you can use it anywhere and anytime when you will be need.you can shoping through  online by using btc.
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January 14, 2018, 08:10:25 PM
 #653

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.
Yes these are very basic features of bitcoin as bitcoin has no end infect it are growing and will grow forever. Bitcoin is beneficial in all respects now bitcoin transaction has become fast and it is applicable throughout the world. Bitcoin is multi beneficial to have a lot of things like it can give you money it is source of income and save for holding as long as you want. I guess bitcoin is best option to solve poverty in our country.
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January 15, 2018, 12:53:10 AM
 #654

many bitcoin benefits like my acquaintance have left his job and bitcoin since he earns more bitcoin than his work, it's because he's tired but bitcoin is just sitting down, the bitcoin meeting is gone your worries about life because there's money
cepedacharles29
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January 15, 2018, 12:55:15 AM
 #655

what are the benefits you get in bitcoin? And how those it affect your daily living?
A lot!!! Bitcoin gives me so much than what I expected! It helps me with my everyday budget and it also allows me to splurge on things that I've been wanting to buy such as latest gadgets, men's accessories and many more. Bitcoin also gave me the opportunity to have my very first paid international travel! Right now, I'm aiming to build my own house and to buy my own car. And I can't wait for it to happen this year.
Glydel1999
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January 16, 2018, 07:02:09 AM
 #656

in bitcoin there are so many benefits, like when your are trading you only need to wait for its profit unlike in the other job that you will work hard until you gain profit, but in bitcoin you only need to invest and then earn.
indog
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January 16, 2018, 08:01:04 AM
 #657

Maybe the guy needs the money, so instead of holding back who does not know how long, it's better he sells it .., and maybe also the bitcoin price goes up.

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January 16, 2018, 08:31:39 AM
 #658

what are the benefits you get in bitcoin? And how those it affect your daily living?
Bitcoin has been of my life for the past years. It helps me earn some which i used to support my family. I also use bitcoin to pay my bills, unlike before that i would need to wait on the queue, literally, just to pay my bills. Thanks to bitcoin that it only needs a couple of click and in about a second i'm done paying my bill.
Annmika815
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January 16, 2018, 08:44:31 AM
 #659

One benefirs of bitcoin here is that no taxes to pay with it. There is no way for a third party to intercept transactions of Bitcoins, and therefore there is no viable way to implement a Bitcoin taxation system. The only way to pay a tax would be, if someone voluntarily sends a percentage of the amount being sent as tax.
WilliamyShoesmaker
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January 16, 2018, 08:46:14 AM
 #660

Here are the benefits of Bitcoin:
Payment freedom - It is possible to send and receive any amount of money instantly anywhere in the world at any time. No bank holidays. No borders. No imposed limits.
Very low fees - Bitcoin payments are currently processed with either no fees or extremely small fees. Users may include fees with transactions to receive priority processing, which results in faster confirmation of transactions by the network.
Fewer risks for merchants - Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information.
Security and control - Bitcoin users are in full control of their transactions; it is impossible for merchants to force unwanted or unnoticed charges as can happen with other payment methods
Transparent and neutral - All information concerning the Bitcoin money supply itself is readily available on the block chain for anybody to verify and use in real-time.
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