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Author Topic: Advantage of BITCOIN  (Read 2850 times)
alex7308
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June 07, 2018, 05:26:45 AM
 #201

There is quite a lot of advantage in using bitcoin. Besides the speed of transactions, I tilt more for criterion benefit of money or to make benefit to reside with this exchange rate. Bitcoins can give you a fairly high return on investment, if you get the right gear to earn more coins.
loansdd876
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June 07, 2018, 02:38:19 PM
 #202

Bitcoin can not be faked. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.
Aidan Martin
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June 12, 2018, 11:37:26 AM
 #203

Bitcoin can not be faked is the most advantage. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.
Jazvebtc18
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June 12, 2018, 11:42:13 AM
 #204

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Definitely Yes,  I agree with what you said mate. Paying through bitcoins provide the utmost freedom. Bitcoin can be transferred to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit.
Beabtc11
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June 12, 2018, 11:45:35 AM
 #205

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

This very promising. Bitcoin has a lot of advantage to us people. Bitcoin transactions are very fast if compared to banking channels. A bitcoin transaction is as fast an e-mail and can be processed with in 10 minutes. Also it can be instantly processed if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. The confirmed transactions are those which takes atleast 10 minutes to process. Credit Card or digital wallet services also provides instant approved transactions services but for this they usually charges a hefty fees ,which is not in the case of Bitcoin as mentioned above. Bitcoin has very low transaction fees even for being super fast in terms of processing.
Thanasis
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June 12, 2018, 11:47:03 AM
 #206

Bitcoin have many advantages like fast transaction speed in payment, sending asset,  and also less transaction fees.
Below are some of the advantages of bitcoin:
1.  Prices are always going up.
2.  No Paperwork
3.  Appreciating value
4.  Quick and cheap transactions
5.  Control and security
6.  Information is transparent
7.  No third-party interruptions.
8.  Irreversible Transactions
9.  Anonymous and private.
10. Payment freedom.
11. No Tracking
I can't agree with some of your points,

1.Prices are not always going up if you see the price chart of bitcoin there were some much of ups and downs so it is not a valid point.

9.No the bitcoin transactions are not fully anonymous it is just pseudo anonymous even I can track your transaction by knowing your wallet ID or the address and also can track the receiver and so on.

Btcnaivie
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June 12, 2018, 11:49:19 AM
 #207

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Yes, bitcoin is very good to use. Paying through Bitcoin has very low and sometimes no transaction fees at all. It all depends on the priority of the person. If a person wishes that his/her transaction get’s processed fast, he has to pay a transaction fees which is still very low as compared to any financial intermediary or digital wallets. Bitcoin transactions are secure, irreversible, and does not contain any customers’sensitive or personal information.This protects merchants from losses caused by fraud or fraudulent chargebacks.
musta5a
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June 12, 2018, 11:55:47 AM
 #208

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

it's the truth. Now what are you aiming to achieve with this comment? As it's not the major problem, it's not illegal to use crypto nor it should be. It's about the illegal marketplaces and activities.

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orarider
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June 12, 2018, 11:56:31 AM
 #209

The advantages of bitcoin:
1. Convenience in transaction: Any transaction has a limit on the transfer and receive money, but for bitcoin there is no limit.
2. Ensure safety and security.
3. Bitcoin can not be faked.
4. The cost for the transaction is extremely low.
Sinyocall
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June 12, 2018, 12:00:56 PM
 #210

bitcoin is easier for interbank transactions internationally, and then in each country can use the payment using bitcoin and can also to invest it is the benefit of using bitcoin
rosycrypto12
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June 12, 2018, 12:35:58 PM
 #211


Bitcoin have many advantages.
1.Fast transaction speed in payment
2.Sending asset
3.Less transaction fees
4.People can't steal your payment information from merchants.
5.No third-party interruptions.
6.Mobile payments.
7.Prices are always going up.
8.No paperwork
9.It is very fast.
Bitcoin_is_here_to_stay
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June 15, 2018, 02:23:22 PM
 #212

the most important + bitcoin is that it is the most reliable of all. if the cryptocurrency in the world will die, then there will only be 1 coin it will be bitcoin. every day it is harder to get bitcoin and therefore its value increases.
Et Hereum
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June 16, 2018, 10:40:01 AM
 #213

There are many advantages of Bitcoin People are getting income from Bitcoin, job opportunities are being provided and the quality of life of people is improving, people are getting the knowledge of technology.
sammy2394
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June 18, 2018, 12:46:57 AM
 #214

I think bitcoin can benefit a lot when you have bitcoins and when you trade bitcoin and altcoin by taking advantage of very fast price movements you should be able to earn a lot of profits. do not use bitcoin as an act of ugliness.
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June 20, 2018, 10:05:29 AM
 #215

There are many adventages of bitcoin, such as :
a. High Demand
This is evident from 2011 to 2013 and currently the interest of bitcoin society continues to increase and its value is also the case. If the first sale value of 1 Bitcoin or BTC only 13 USD range only, now the price of 1 Bitcoin already hundreds of millions. If you already know and invest Bitcoin from the year before, maybe now you have become a millionaire.
b. Bitcoin Does Not Have Any Country
In Indonesia there is Rupiah, in Japan there is Yen and in Malaysia there is Ringgit. This is the difference Bitcoin from currency as above. Bitcoin is not owned by any country. this is also one of the factors why many people are interested in Bitcoin because this factor is obviously very profitable because no country is responsible as the rate determined and also the government in charge of currency management.
c. Bitcoin Safer than Physical Currencies
Bitcoin has more value in terms of security because of its virtual form in which there will be no such thing as forgery because it does not have a form, unlike a physical currency that is of course quite a lot that may be false.
d. Bitcoin is Developed with Idealism
Another advantage of Bitcoin is its development with Idealism. In a sense, the government does not intervene about Bitcoin trading. With this, you obviously have to analyze the Bitcoin currency. So you who have Bitcoin can develop their own in the market.
Afobaje48
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June 20, 2018, 10:27:16 AM
 #216

It is possible to send and receive bitcoins anywhere in the world at any time and also Bitcoin transactions are secure, irreversible, and do not contain customers’ sensitive or personal information.
Afobaje38
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June 20, 2018, 10:33:55 AM
 #217

Bitcoin payments can be made without personal information tied to the transaction thus offers strong protection against identity theft, and also no third party interruption, banks and other Financial intermidiarises have no way to interrupt user transactions or place freezes on Bitcoin accounts.
thanhly0760
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June 20, 2018, 01:16:28 PM
 #218

It also has the advantage of the payment. It looks so good when people are into bitcoin. I mean, there were a lot of people who doesn't want bitcoin in their lives. For they don't know that bitcoin might help them in every aspect as possible as long as it is inclined in bitcoin.
Z_Max
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June 24, 2018, 04:39:36 PM
 #219

Bitcoin is the benchmark in the field of crypto currency. For him you can already buy almost everything.
Vzae
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June 24, 2018, 05:05:53 PM
 #220

Bitcoin is indeed the best choice for means of payment between users. and bitcoin offers many advantages over traditional banks.
Not only does it provide a lot of advantages for its holders, bitcoin currently also has a high value than the fiat currency of a country.
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