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Author Topic: Advantage of BITCOIN  (Read 2847 times)
cryptostardom
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June 24, 2018, 05:21:50 PM
 #221

Bitcoin is a decentralized digital currency that allows people all over the world to own the coin and store in it a secure wallet where no one could know the amount in your wallet. Transactions with Bitcoin are safe, secure, fast and have low transaction fees. Having Bitcoins have proven to be very advantageous as Bitcoin continuously experiences price rise and intense growths. These growths directly affect and increase individuals' Bitcoin price.
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sangalangdavid
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June 24, 2018, 05:23:28 PM
 #222

The advantages of bitcoin is that it has a high volatility rate and that could cause its investors to have a higher profit and the other advantage of btc is, it is already sure. The earning is sure. Once its price decreases, it will still increase high not like the other coins.

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shiv06
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June 24, 2018, 05:42:14 PM
 #223

Bitcoin has many advantages. It has fast transaction speed in payment, very low transaction fees, No risk of chargebacks, easy money transaction to worldwide. You  can hold long term it,
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June 24, 2018, 06:05:28 PM
 #224

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.
Behind the development of advanced technology must have an impact or risk in it. Including bitcoin, many people take advantage of the convenience of bitcoin transactions for less positive arenas, but I think everything goes back to the consciousness of each individual.
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June 24, 2018, 06:19:43 PM
 #225

Bitcoin has a lot of advantages.

1.Mobile payments the easy way. All you need to do in order to receive Bitcoin payments is to display the QR code in your Bitcoin wallet
  app and let your clients scan your smart phone, or use the built NFC radio technology.

2.Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.

3.Everywhere and anytime: The bitcoin is up always – 24 hours, 365 days a year. Of course, the internet must be on.

4.Sending international payments – fast and cheap: Sending bitcoins across continents is as easy as sending them across the street.
  There are no banks in our way to make you wait 2-3 business days, no extra fees for making an international transfer,
  and no special limitations on the minimum or maximum amount you can send.

5.Choose your own fees: Fees are unrelated to the amount transferred,
  so it’s possible to send 1000 bitcoins for the same fee it costs to send 1 bitcoin.

6.Protect your identity: it is possible to send a payment without revealing your identity.

curnez88888
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June 25, 2018, 11:00:09 AM
 #226

One of the greatest advantages of Bitcoin is that it is the only payment method that is 100% irreversible and cannot be charged back.  For this reason, you should be careful when sending Bitcoins; be sure that you are sending them to a trusted vendor.
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June 25, 2018, 12:12:41 PM
 #227

Yes, those are the examples of advantages that you can get once you invested money in Bitcoin. Of course, we should not forget that it has also the ability to make a x3 profit from your initial investment. Which I think most of the people knows best and is the reason why they invested money in Bitcoin or other coins.
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June 25, 2018, 02:14:32 PM
Last edit: June 27, 2018, 08:35:50 PM by SixOfFive
 #228

Bitcoin has managed to overcome major hurdles in its short but lively history. The cryptocurrency market does offer a means for diversifying the risk and hedge one’s portfolio. We can also now use Bitcoin for making various payments and even international transfers without much delay. The banks also charges fees for making transfers and payments, which can be avoided by using Bitcoin. In times of inflation, money stored in cryptocurrencies can prove useful. It has the potential to give competition to Gold, Silver, and established currencies like the US Dollar, and other assets.
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June 26, 2018, 09:22:49 AM
 #229

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.
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June 27, 2018, 09:50:30 AM
 #230

One of the most widely publicized benefits of Bitcoin is that governments, banks and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. Bitcoin purchases are discrete. Purchases Are Not Taxed. Very Low Transaction Fees. And no Third-party Interruptions
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June 28, 2018, 03:20:59 PM
 #231

In crypto-currencies, a proven cryptography with a division into public and private keys is used to store access keys to funds. Similar algorithms are used by banks and other financial institutions to protect their data.
leeroyj
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June 28, 2018, 03:25:18 PM
 #232

One of the advantages of bitcoin is that it is a decentralized currency and this means that there is no way one person or a group of people can control it which means that there is no way for the government to use it to control its citizens. You cannot just make more bitcoins at will like you would do with fiat currency and you have absolute control of your money and your assets.
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June 29, 2018, 05:30:58 AM
 #233

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.

You can find Bitcoin at any exchange. You can make the operations with it extremely fast (i mean inside exchange). It is very safe and anonymous. You can travel when you do not have a wallet in your pocket. Just change BTC for fiat and use it.
anything9ce
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June 29, 2018, 05:53:09 AM
 #234

Bitcoin is not just the best cryptographic money, it's enlisted as the number coin in the coinmarkets and many other coins are glue to bitcoin's advancement in price in the market to be able to improve in their own price. Bitcoin is a game changer and a life transforming factor, it serve as money which why it is simply amazing
Asawakobana2017
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June 29, 2018, 05:59:17 AM
 #235

The advantage of bitcoin is the strong foundation and it is really the most trusted coin in the crypto currency feild. We can really assure that we can get a huge amount of profit on it because it is really proven and it is also tested as the best coin. So then i think bitcoin will really rise soon and we can get a huge amount of profit on it through waiting.
cryptochain5
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June 29, 2018, 06:18:50 AM
 #236

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate it. The advantages are

Control over your money: Bitcoin can give you control over your money and a strong level of protection against many types of fraud.
leslie4u
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June 29, 2018, 06:38:45 AM
 #237

Oh wow, an interesting topic isn't it? Reminds me of the debate that I had with one of my friend couple of years back when I spoke to him about what BTC can do vs the traditional fiat system and guess what he is now dealing with Cryptos and happy as ever. BTC has the following advantages-

- Its Decentralized
- Has no boundaries when it comes to transactions
- No need for banks and other financial institutions to send or receive transactions
- And guess what BTC is called the Big Boss of Crypto world for lot of other coins depend on it.
- It is listed as #1 currency in CoinMarketCap
- Anyone can hold BTC no matter where they are and what they do.

And the list goes on and on and on. I am happy to be part of the growing Crypto world for there is plenty to learn and earn.
MiChaeng
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June 29, 2018, 07:53:45 AM
 #238

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 indeed many advantages of bitcoin that allows us to transact and as others. but with the many advantages of bitcoin such as buying or selling services illegally and laundering money is very unfortunate if such advantages are used as such. as a sword we must be wise in using bitcoin let alone technology that is growing nowadays.
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June 29, 2018, 08:08:29 AM
 #239

The sure advantage  of bitcoin for me is no other than that the rest of the ALTcoins are dependent on it.  
And they depend because bitcoin is now like a king. And all the blows usually fall on him. Opponents of the currency believe that if you break the bitcoin will fall all.

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June 30, 2018, 10:32:59 AM
 #240

Yes, I agree that this is a + but we must not forget about the unfair (( such as drugs , weapons , and more . so then from what side to look .
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