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Author Topic: Advantage of BITCOIN  (Read 2850 times)
Mr.Gun
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August 29, 2018, 05:04:28 AM
 #261

The advantage of bitcoint is, of course, many of them are for fast payment, and for long-term investment, it certainly gives us the advantage for the future
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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August 29, 2018, 06:36:24 AM
 #262

Transactions were never that much easier within the world .You want it you can get it in minutes whatever the amount is anywhere .You can store or save it as investment for a period.You can keep your money secret and safe with you .No need to depend on anyone.
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August 29, 2018, 06:46:48 AM
 #263

Below are some of the advantages of bitcoin:
1.  Irreversible Transactions
2.  No Paperwork
3.  Appreciating value
4.  Quick and cheap transactions
5.  Control and security
6.  Information is transparent


    Above are well defined features of Bitcoin, these are my one cent opinion,  With entry of Crypto Currency Digital Transaction in the market, it really change the Future Market Outlook, some of the government financial institution are Critical on this entry that's the reason why they want to Regulate the said market transaction, for some reason these can be a Site to be used for illegal transaction and other Scams. Fast and effective for any market transaction.

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August 29, 2018, 06:57:42 AM
 #264

Actually bitcoin has many advantage it has super faster payment transaction which can be done easily by internet no third party can include in the transaction it cannot be stolen and it carried a little transaction fees. So, it is really amazing and it has many advantages as well.
Lol is a little deceptive, the current bitcoin transaction fees are very expensive when compared to other payment methods and I'm sure
many of you prefer transactions using altcoin that are cheaper in transaction fees and faster confirmation speeds, we must admit that
That's but it's even better than before the bitcoin gets the segwit upgrade but if we try to compared it with DAG coin and DAG coin transaction cost almost zero fees. Bitcoin chain is nothing compared with DAG system but it less decentralized compared with the bitcoin blockchain.

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mrhood
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August 29, 2018, 09:27:33 AM
 #265

I consider that BTC's general advantage is its too stable position on the cryptomarket thanks to its value and reached volumes. I suppose it wil be very hard to beat it.
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August 29, 2018, 09:39:39 AM
 #266

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.
Cryptocurrency has a lot of advantage and uses, it makes you alot easier to make an transaction on paying your bills.
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August 29, 2018, 09:40:41 AM
 #267

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.
The advantage of bitcoin is that when you don't have any cash, you can just buy a food or anything only for those store that are accepting btc.
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August 29, 2018, 09:50:19 AM
 #268

Of all the crypto coin,Bitcoin has the advantage because it is a decentralized digital cryptocurrency that has the most popular and the highest market price value now.
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August 29, 2018, 10:10:28 AM
 #269

Advantages of the top 1 coin that it can not fall immediately by 30 percent as it can do any other kind of coin!

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August 29, 2018, 03:46:34 PM
 #270

Here is a portion of the upsides of bitcoin-It can be utilized anyplace in the world.easy cash exchanges to worldwide.No need printed material. You may do fast, shoddy and simple exchanges. Straightforwardness in data. Bitcoin can enable me to pay a few bills, give additional more cash to my family, to influence the exchange to process quicker to various fields of the world. It likewise decreases the unemployment and substantially more- -
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August 29, 2018, 03:51:11 PM
 #271

As existing merchants will be well aware, when accepting credit card payments, or even bank payments the sender has the ability to reverse or “chargeback” the payment. There is nothing worse than sending products to a customer, only to receive a message that the payment has been reversed, you have been cheated and there is nothing you can do about it.
Bitcoin 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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August 29, 2018, 04:06:29 PM
 #272

The advantage of bitcoint is, of course, many of them are for fast payment, and for long-term investment, it certainly gives us the advantage for the future

You can make more profit comparing to other altcoins also it is trending in market and it is more popular in crypto world we can still trust and invest in BTC for long term basis.

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August 29, 2018, 04:15:37 PM
 #273

The truth is, Bitcoin is starting to lose its competitive edge over many other cryptocurrencies, as far as I'm aware it only has two major benefits that still remain.

1. It has possibly the most secure blockchain network in operation, simply due to the amount of miners running on its network and the number of transactions that have accumulated in the blockchain.

2. It is easily the most widely used, widely accepted cryptocurrency of all, which means it actually has utility value, unlike some superior blockchains that have functionality, but not actual utility due to have poor acceptance.
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August 29, 2018, 04:19:54 PM
 #274

Many people argue that Bitcoin doesn't have any utility and hence it is a bubble. But I would like to mention here that BTC can cut a lot in remittance fees worldwide and can help in fastening the overseas transactions. Now many would counter that so does any altcoin. But BTC being the most dominant usually has a medium to convert it in fiat easily. Almost all the local exchange in any county has btc fiat pairs.
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August 29, 2018, 05:37:56 PM
 #275

The most important advantage of Bitcoin is safety of Bitcoin. I don't talk about price of BTC. I think that chance that Bitcoin have any backdoors or weaknesses is minimal. Because BTC is already was checked by thousands of hackers.


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August 30, 2018, 06:03:06 AM
 #276

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.
Being able to keep the users anonymous is the main thing, apart from that there are other advantages too but that doesn’t mean that there are no disadvantages too. Other advantages of Bitcoin includes being able to prevent fraud; unlike credit cards there is nothing like a charge back.

Another advantage is that with bitcoin you’re able to avoid identity theft; no one can steal your identity just like they will easily do when you are using a credit /debit card.

And as others said, bitcoin is fast for making transactions and that leads to immediate settlements. There are other advantages as well, but these are the main ones.
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August 30, 2018, 06:07:52 AM
 #277

There are many advantages of bitcoin for me and fo many people in the world.
Bitcoin is changing the way we live.
Bitcoin is changing the way we do business.
Bitcoin is changing the way we travel and save our money/assets.
Bitcoin and blockchain technology has open new doors for people to do business with one another without the intervention of third parties.
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August 30, 2018, 07:08:36 AM
 #278

To keep your money safe with you BTC is the best option. If you can invest and wait for a long term then it can give you huge profit.
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August 30, 2018, 07:18:46 AM
 #279

Saving securely with bitcoin, being able to change one's life, providing convenience in transacting quickly, this is an advantage of having bitcoin. Bitcoin has many who want it, but this must be stored safely by the holder.

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August 30, 2018, 07:55:17 AM
 #280

If you link the wallet with the owner of this wallet-then every single transaction can be tracked.Bitcoin is not anonymous.Therefore, it is foolish to commit illegal acts in the hope of remaining unpunished.
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