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Author Topic: Major benefit of bitcoin?  (Read 1935 times)
BlackBeauty
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December 15, 2017, 02:59:02 PM
 #161

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
bitcoin is a very beneficial for everyone they can easily earn money at home and make more money in short time because its price increase fast and specially its major benefit is that for those people who cannot go to market for shopping, so they can online shopping by bitcoin.
karnwillbit
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December 16, 2017, 10:12:55 AM
 #162

Bitcoin is the number one cyptocurrency .its price growing high and high.any one invest it,and profit margin are too much.
There is no doubt that bitcoin is number one crypto currency in the whole world of crypto and virtual currencies because the demand the value and the price if bitcoin in increasing very rapidly and in addition to it bitcoin is the same platform of income for the all the ages of people as well as both the gender.
PizzaBTC
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December 16, 2017, 10:33:42 AM
 #163

No Paper work. all you need to do is. 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.
Bitcoin is free from all the formalities like a lot of paper work as well collection of some basic documents like identity card as well as other proofs for keeping record of all your transaction and other activities so bitcoin is best in earning aspect which needs only your online presence with a laptop.
bennie4
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December 16, 2017, 10:44:26 AM
 #164

it made me rich that makes me happy. very simple. You just need to buy a bitcoin. Even if you have money, and you keep them for a year, you will have a lot of money
DunnDy
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December 16, 2017, 11:47:58 AM
 #165

Wondering about the major benefit of Bitcoin we might come to many conclusions. In my honest opinion main advantage of bitcoins is that they ain't processed during the transaction by any intermediaries which are banks. You're your own one and only bank using Bitcoin. Consequently, there is an option to avoid significant costs of currency conversion. I hope I've persuaded you how important directness of Bitcoin is.

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spyerf
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December 17, 2017, 01:05:41 AM
 #166

So much can we do with so much bitcoin is also a benefit that many perceived by every user. and for myself the benefits of bitcoin are so great. because bitcoin makes things easier for me. and bitcoin gives me many advantages, even bitcoin to be my source of income to meet the necessities of life.
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December 17, 2017, 01:13:40 AM
 #167

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?

Your questions may have no as the answers but it is because you have asked the questions which Bitcoin needs a little improvement. Try to ask some other questions. For sure these are not the only things that matter. Try asking, for example, is the appreciation of its value consistent? Or is it widely accepted all over the world? Or does it have a very strong and solid community behind its back? But then again, Bitcoin is not forcing anybody to invest or use it.

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December 17, 2017, 01:19:20 AM
 #168

The major benefit is of course the huge upside to where the price could go. We've only got a couple or three million bitcoin holders globally right now, most with tiny amounts invested, and that has taken the price up to a high of over $16,000 already, starting from $0.02 7 years ago.
There are many other benefits as well, like being a part of a whole new economy, or ending the Fed and possibly even stopping nations from being able to finance wars. This is of course just as controversial and speculative as the price is, but you'll find no shortage of people that work tirelessly towards that end promoting bitcoin for those purposes.

Indeed, bitcoin has established its reputation to be the top cryptocurrency of this era and the generation to follow. By far in my opinion the greatest benefit of bitcoin is the finsncial dependency of low class people that they can have a chance to grow financialy even without the help of the government. Yet people can always take this opportunity to start their financial profitability in every way they can to earn.

reymartH
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December 17, 2017, 01:25:51 AM
 #169

With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time. You don’t have to worry about crossing borders, rescheduling for bank holidays, or any other limitations one might think will occur when transferring money
virendarnagpal
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December 17, 2017, 01:28:38 AM
 #170

Bitcoin is digital currency so storage and payments transfers of the currency is very easy.  With the click of mouse the payment may be made from one corner to the other corner of the earth.  It's simplicity easiness, for investing money and for making payment it's anonymity makes it more attractive and beneficial.  Investors have earned a lot by investing in this currency.  Bitcoin is now being accepted by many websites and gambling sites also.  So it's being used for gambling also.  Another benefit of bitcoin is that people who are not having funds to invest in bitcoin may opt other ways to earn and become owner of bitcoin currency i.e. by signature uploading ; tweets and re-tweets etc.
ParallelSquid
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December 17, 2017, 01:29:58 AM
 #171

I used to think the best advantage was the fast and cheap transaction. Now I'm not too sure and all I can think of is its current value.
Dod Ong
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December 17, 2017, 01:41:49 AM
 #172

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?

For me, the major benefits of bitcoin are the money that I earned in working here in bitcoin, The money that I earned in working bitcoin I give it to my parents to help in our daily expenses or daily needs like our foods, bills and the rent of our house. I want to help them because they becoming older, I don't want them to worry about their expenses, So I work here in bitcoin to help them in their life.
semutracing
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December 17, 2017, 01:48:09 AM
 #173

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?

bitcoin greatly benefits more than anyone else imagines, now the bitcoin of the general public invests more in bitcoin currency than gold, that's why the bitcoin crypto market keeps prices stable, and this has a very positive impact on other altcoin
VayneAurelius
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December 17, 2017, 01:58:50 AM
 #174

The major benefit of bitcoin is to have an initial money without even working your body outside of your house. It let's you have money by posting and other ways to get it. By this, you can buy what you want such as food, things, clothes or maybe start a business. With this, other problems can be resolved such as unemployment, poverty and others.
claydeey
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December 17, 2017, 02:20:57 AM
 #175

The major benefit of bitcoin first is the oppurtunity to grow your investment while keeping it in a safer place secondly the  convenince it offer when buying something online.

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December 17, 2017, 02:31:58 AM
 #176

Major benefit? We can get profit from it,  and bitcoin is the most trusted by many investors so the new investor will invest more in bitcoin , and less from the other
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December 17, 2017, 02:37:02 AM
 #177

The major benefit of bitcoin is to have an initial money without even working your body outside of your house. It let's you have money by posting and other ways to get it. By this, you can buy what you want such as food, things, clothes or maybe start a business. With this, other problems can be resolved such as unemployment, poverty and others.
Basically Bitcoin gives us ease in doing various things, We can do various financial transactions easily from home and we can earn income by investing in Bitcoin. This is a revolution in this increasingly sophisticated world, Technology increasingly helps human life and also facilitate all the activities we do.
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December 17, 2017, 05:35:16 AM
 #178

The major benefit of bitcoin is to have an initial money without even working your body outside of your house. It let's you have money by posting and other ways to get it. By this, you can buy what you want such as food, things, clothes or maybe start a business. With this, other problems can be resolved such as unemployment, poverty and others.
Basically Bitcoin gives us ease in doing various things, We can do various financial transactions easily from home and we can earn income by investing in Bitcoin. This is a revolution in this increasingly sophisticated world, Technology increasingly helps human life and also facilitate all the activities we do.

that is right, we should follow the revolution and get the good things for a better life but unfortunately, it seems many people don't like bitcoin price increases but they don't know that bitcoin will increase more than now and many people will join with bitcoin and use bitcoin every day. until that time happens, we can start to save more bitcoin so we can be ready to go the new era of system payment in the future.

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December 17, 2017, 05:57:49 AM
 #179

Major benefit of bitcoin? Most major benefits of bitcoin are its increased spillovers
You can also invest it
You can also collect and multiply your help
the most benefit you can get is that your money is still small but when you hide it might increase your bitcoin even if you do not invest
especially nowadays so high that even if you want to buy you can not do it because you are overwhelmed by the value
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December 17, 2017, 06:49:00 AM
 #180

Major benefit? We can get profit from it,  and bitcoin is the most trusted by many investors so the new investor will invest more in bitcoin , and less from the other

I agree with you and I think this is the most benefit of bitcoin for us and many of us still trying to earn more bitcoin from many ways. we have a chance to do this while we have another activity in our real life so we can try to earn that bitcoin. bitcoin now become the best investment for people which has huge money and they want to make a big profit in the future.

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