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Author Topic: Major benefit of bitcoin?  (Read 1928 times)
10000BTC
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December 15, 2017, 01:08:48 AM
 #141

Bitcoin is the mother of all coins and will continue to grow.
before you can get any coin, bitcoin is the entry point.
Now, it's launched on stock exchange. so it will continue to moon and stabilize too.
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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December 15, 2017, 01:12:41 AM
 #142

List of Major Benefits of Bitcoin(in my point of view)

1. Anonymity - Being anonymous and unknown to anyone.  Cool

2. No Government tax - Corrupt governments can't steal from your money anymore. Cool

3. Fast and secure transactions - Your funds are always safe unless you give your privates to you bestfriend Grin

1, Agree with you mate

2, That is what i like in bitcoin, so agree with this also.

3. Fast transaction- hmm not totally agree because some time delay occur in transactions.
Secured transaction - yes agree, we can used bitcoin anywhere we want even it is illegal or legal transaction because our identity was hide in every tx id no one can verify your transaction.
Do not disclosed your private key to someone else it is very risky, but it is ok to disclosed to someone you truly trusted.
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December 15, 2017, 01:30:56 AM
 #143

List of Major Benefits of Bitcoin(in my point of view)

1. Anonymity - Being anonymous and unknown to anyone.  Cool

2. No Government tax - Corrupt governments can't steal from your money anymore. Cool

3. Fast and secure transactions - Your funds are always safe unless you give your privates to you bestfriend Grin

Bitcoin are so slow, recently alt coin like ripple are the only coin that deserve to get the title of digital payment system with its fast confirmation. Being anonymous also has a consequence, people could accusing you want to make a bad things through Bitcoin, well as long as you comfortable Bitcoin could become whatever you want.

I'm in 400,000 euros debt , dont help me , i rather die
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December 15, 2017, 01:33:43 AM
 #144

Bitcoin offers a cashless solution with almost absolute security and speed. These are features that traditional types of transactions do not bring. Bitcoin is currently showing its ability to be listed on the largest US stock exchange.
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December 15, 2017, 02:40:32 AM
 #145

Bitcoin improves ones life financially. It also help us to buy our daily needs and to sustain our everyday life. It will lessen unemployed people and poverty. Aside from that bitcoin uses digital money, you can monitor your income through your phone using your wallet.

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December 15, 2017, 05:43:21 AM
 #146

I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?

as of now it cannot be discovered by many because not all industries are blockchain integrated when bitcoin is accepted world wide and has many users its functions can be clear to all just like when internet is being introduce to the people back in 1994 there have been many questions and doubt but now that internet is used by all its potential can easily be highlighted and functions can now be determined.
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December 15, 2017, 06:27:48 AM
 #147

there are too many benefits of bitcoin that maybe we don't know. but the most benefit is we can send the bitcoin without going to the bank or other places. we can send it from our computer or our android phone to a person which lived in another country without any limits. the other benefits are we can earn money from hold, buy and sell bitcoin if the price increases and we can use bitcoin as our a short or long term investment so we can double our money.
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December 15, 2017, 09:05:24 AM
 #148

This is just my opinion, bitcoin is a coin whose demand is very high while altcoin is still far below in bitcoin. not only that when talking investment of course peoples will choose bitcoin than altcoin.
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December 15, 2017, 09:06:19 AM
 #149

I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?

Descentralization for sure, the thing is no one owns bitcoins but hold bitcoints, the system is regulated by miners and users and will ever be that way.
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December 15, 2017, 09:09:18 AM
 #150

I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?
I do not think there are any benefits of bitcoin beyond the great profit that it gives to all investors

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December 15, 2017, 10:14:39 AM
 #151

Major benefit would be financial matter especially on this forum it can help a lot of people. Those people who are having a hard time finding jobs. We can be an instant millionaire if we invest in a right coin.
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December 15, 2017, 10:20:57 AM
 #152

The greatest advantage here is that the price keeps on going up. This benefits investors who bought at lower prices as well as established miners.
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December 15, 2017, 10:26:20 AM
 #153

Bitcoin is great for investation , unlike gold , bitcoin is better !
I know bitcoin is something new and not all people aware of this technology compare with gold , even my grandmother still know how worth gold value today.

Major benefit would be financial matter especially on this forum it can help a lot of people. Those people who are having a hard time finding jobs. We can be an instant millionaire if we invest in a right coin.

Yes, it's create another way to earn money especially in this digital era.
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December 15, 2017, 10:33:55 AM
 #154

One of the benefit of bitcoin that other alt don't have is the ability to sustain steady price rise, from the past years to this present moment bitcoin has sustained a steady price rise and has not falling beyond it starting point. Which other alt don't purchase such features you can see other cryptocurrencies rising in price within a short period but are unable to sustain the status and you see them falling in price to the point of investors loosing all they investment.
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December 15, 2017, 10:40:07 AM
 #155

Major benefit of bitcoin practically answer, for me financially they will help financial specially to the person unemployed, the y will help to another expenses, second to the investors it will safe.

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December 15, 2017, 10:45:17 AM
 #156

There are many major benefits that Bitcoins could possibly give to it’s users and investors. One example is that it is good for investing. A lot of Bitcoin investors are getting double or triple profit because of investing, as the value still pumps up, it is a good news for investors. For users, it is much convenient for transactions and it avoids hassle etc

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December 15, 2017, 11:25:37 AM
 #157

Anyone, from any country, of any age can accept Bitcoins within minutes.  There is no ID card, passport or proof of address that all conventional banks required to open an account.  All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address. You could have 1000s of different addresses if you wanted, there is no limit to the number of Bitcoin Addresses that you can have.
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December 15, 2017, 02:35:23 PM
 #158

The benefit of bitcoin is it's stable price.Bitcoin prove already that it is legitimate over the time.It can provide many profit for everyone.It is easier to make a trasferring from one to another place.
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December 15, 2017, 02:42:11 PM
 #159

The major benefit of bitcoin is simply it can give you a peace of mind since its secure and safe . Aside from that the market value of bitcoin is very much increasing. Its a hassle free you dont need to go to any bayad centers to pay . Bitcoin can earn and save your money at the same time. It can secure your future for that and help you to pay for your expenses.

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December 15, 2017, 02:42:40 PM
 #160

I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?
There are many benefit that bitcoin give to us.but the major benefit of the bitcoin for me is to give profit those who invest it and the other users man needs earnings to provide our daily needed and bitcoin give an earnings to earn so the bitcoin major benefit is it. But we know that the price of bitcoin is not stable but in the other side the rising value of the bitcoin is very fast to increase
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