Major benefit of bitcoin?

[aljun107]

Well I think the major benifit that you can get with bitcoin is its value that rises and then decreases.By that it allows you to earn some money and be able to buy some of it at a lower rate.

[Naitik]

Bitcoin has a promising future as the other alt coins are failed to give us regular growth as profit are very less as compared to bitcoin.
Bitcoin records a huge profits in the cryptocurrency and become a center of attraction for every investor.

[Asawakobana2017]

One major benefits bitcoins can give is the potentials to earn big. Another is bitcoin transactions is fast and less stressful than doing bank transactions.

Yes, i agree with that bitcoin is the best way to earn money. It is fast, easy and just need patient. Their is no need to used straight with it, than working in a company. With bitcoin you have much more control to your savings

[jhewlijw]

Bitcoin is best for online transactions.transaction charges also low.bitcoin is decentralized.bitcoin is help to earn money.

[chikading2016]

More and more benefit of bitcoin in real life easily transfer in many accounts and easy to carry in mobile laptop

Yes your right. Through patient and trust in bitcoin they get their benefit with it they can earn money with it. Using their mobile phones laptops to easily saved more money.

[Haxor321]

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.

Well, of course at this point. Bitcoin os the number one cryptocurrency and its price is indeed skyrocketing. No one can determine when its price hike will stop but this is indeed a good news for everyone investing in bitcoin. This is the time to capitalize the amount of bitcoin you have.

[cosmicart]

Appreciating Value
Irreversible Transactions
No Paperwork
Worldwide
Quick Transactions
etc...

[Sanchit]

I think major benefit of bitcoin is its usage. Its easy to use and there is no need of any type of ID proof for using bitcoin as compared to the conventional banks that require number of proofs while opening an account. Also there is no age limit so anyone can use it. Most importantly No paperwork is used in this process so i think it is environmental friendly as trees are not cut for paper to keep records.

[djlasdlsk]

Bitcoin has lot of benefits.mainly its decentralized.it is easy to send and receive the money with less transaction fees.

[Karie_Legend]

The main benefit of Bitcoin is to lower the economy of everyone in the world by buying cheap prices and selling at high prices.

[saifanik]

BTC has many significant advantages.There are many benefit of BTC.But it has a major benefit.And that,its price is much higher.BTC is much different than other altcoin.BTC is first ever and father of all digital currency.Again, other advantage for me is the safety and security of BTC.

[Flexystar]

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?

The benefit of bitcoin is it's stable price growth over the years and it never failed to give us profits as a bitcoin holder or investors.Some other altcoins price growth is huge in short term but bitcoin is doing it for long term so people think bitcoin is better to invest and so people are buying bitcoins over other crypto currencies.

Exactly.  Bitcoin market is too big as compared to other currencies so it always pays high scale to people.  If you see the other currencies their prices are very less today.  And if we see the graph of bitcoin it is gradually increasing.  Though sometimes there is fall in bitcoin value when it rises it gives more benefits. Its trusted.  And other benefit is that it is having good future.  Anyone can do the post on forum and can earn money.  Now a days bitcoin prices are fluctuating but it will definitely increase after January ending as per my market study.

[abhishek273b]

In my opinion the major benefit of bitcoin is created as a new breakthrough to earn money from internet that can serve as a job that was been able to help the individual economy.

[fulmetal08larz]

In my opinion, the major benefit of bitcoin is that it is the brand of cryptocurrency itself. Also, most merchants are accepting bitcoin only and not recognizing other cryptocrurrencies yet. Bitcoin has become the trademark of the cryptoverse.

[Epimetheus]

According to me the major benefit of bitcoin is its usage as a mode of transactions. Through bitcoin the transactions can be made worldwide without any concern for currency conversions. Also they are confirmed within 10 minutes due to bitcoin's blockchain. They are secure due to being pseudo anonymous. The identity of the sender and reciever is kept private. Also the safety for Bitcoin use on large transactions between private sellers and buyers have also greatly increased with multi-signature wallet escrow services.

[Qunenin]

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 am agree with your opinion bitcoin is much different than other altcoin. Both have there own advantage, but bitcoin just surpass every alt coin. Bitcoin is first ever and mother of all digital currency. People believe in bitcoin instead of other coins and they know if they invest with it, they'll earn double. Bitcoin price increase rapid as compare to other coin's price and its the main benefit you can double your money in just short time.

[Manchumichael]

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 am agree with your opinion bitcoin is much different than other altcoin. Both have there own advantage, but bitcoin just surpass every alt coin. Bitcoin is first ever and mother of all digital currency. People believe in bitcoin instead of other coins and they know if they invest with it, they'll earn double. Bitcoin price increase rapid as compare to other coin's price and its the main benefit you can double your money in just short time.

It is true if we invest in bitcoins one day it will give us 100% profit. it already proved it many people made a huge profit and still people are making a profit. ALtcoins are not like this if our luck is good it will give us an unexpected profit in short time, but if our luck is bad you have to wait years to make a profit and also there is no assurance.

[seoincorporation]

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?

Do you remember the name for the second astronaut who go to the moon? or the second place where a clear plant fail? or the... i think you get the point. Bitcoin isn't better than other coins, it was just the first, the one who opens a new door to the markets.

But i'm agree with you, bitcoin now is looking obsolete if we compare it with other alts... pay those big fees to wait 10 minutes for a block, sucks. Or get a transaction stcuk with those other unconfirmed transactions, sucks harder.

So, bitcoin was the first but i think some day other coin will be over btc. and that one will define markets.

[bigbosma]

For me, the main advantage of bitcoin is the possibility of earning money. While it is impossible to apply in my country on purpose, and I keep it in my wallet.

[Crypto-mim]

There is consistency and the price is stable – something you won’t see elsewhere. There are high chances of making a good profit out of it. All in all, it is a good investment.