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Author Topic: Advantage of BITCOIN  (Read 2850 times)
boljul
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September 05, 2018, 05:36:12 AM
 #301

Being the first cryptocurrency in the world BTC is still number 1 after almost 10 years... During this period Bitcoin protocol is improving due to the market needs, so advantages are almost in eachits element.
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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ArtemSergeevich
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September 05, 2018, 05:52:04 AM
 #302

Bitcoin is a very valuable invention, faster money transfer compared to banks, the Commission transfer a penny. Much like his translation it is impossible to track here bitcoin wins again the banks. he has all the rights to become full-fledged translation tool in the future.
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September 05, 2018, 05:54:41 AM
 #303

I think the advantage of bitcoin is great help for altcoin because bitcoin is connected to all altcoin so it's good to use to make the altcoin price even higher as I see it as I see the price increase bitcoin also increases the price of altcoin so it knows the advantage of bitcoin in altcoin.

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September 05, 2018, 08:05:24 AM
 #304

Its being reliable for the long term holding is greates plus of BTC for my opinion. It is  nice to have a coin which will bring you money anyway in the future.

Yes it is, nothing more nothing less. Investing in bitcoin is the most safe way of earning money, even if you are sleeping you have the assuring feeling that your money won't go anywhere, you have the assurance that it could give you the profits you've been looking for that you can't find on other coins. Bitcoin gives us the opportunity to become a money earner anytime, even if we are just minor, we could earn cryptocurrency such as bitcoin.

And not just an earner, a big amount of money we could earn in bitcoin is the thing we can't do in fiat, for example, we could process transactions a lot more faster than using fiat, we could be self-assured that we are completely anonymous when we are using bitcoin compare using fiat.
Btcalimie
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September 05, 2018, 08:08:03 AM
 #305

The advantage of bitcoin in the market is it has already established its foundation. When the market goes up it has become the most highlighted coin which shines over the altcoins.
aldencio
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September 05, 2018, 08:10:04 AM
 #306

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.
bitcoin has a lot of things we shoyld rwspect and they make it one of thw best cryprocurrenxy nowadays

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Papcio77
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September 05, 2018, 08:16:17 AM
 #307

Additional,  bitcoin is the first or leading currency since crypto was born so all user will use this coin for withdrawal until this day come on. As the oldest currency i think it never beaten up by just new created idea somewhere. Bitcoin has all advantage so cant imagine things turn out
belingbanged
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September 05, 2018, 08:19:44 AM
 #308

There are many benefits that you can get from bitcoin. Bitcoin is one of the most reliable coins in this regard. But there will be many obstacles for you to reach the maximum level of satisfaction from the benefits. The increase in bitcoin is not done on a daily basis, it will increase significantly. So you must be active in monitoring bitcoin prices and also wait patiently.

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yansen
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September 05, 2018, 08:40:14 AM
 #309

this is the advantage of bitcoin, but this is also a weakness of bitcoin. because many transactions with anonymous and illegal goods are carried out by bitcoin. Bitcoin can indeed send money without intermediaries, but to convert into money, Bitcoin requires an intermediary. so I think that also requires a middle man.
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September 05, 2018, 09:21:21 AM
 #310

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.



Besides the feature and technology of Bitcoin, for me the best advantage of it is that many developers/countries/investors/people supporting on it. Meaning, the future of bitcoin is very clear that it will be last forever and it will never fall down of course there are instance that Bitcoin is turning red but it will recover soon since it is the best cryptocurrency in the market today.

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Defimwh
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September 05, 2018, 09:22:54 AM
 #311

Other advantages are also transparent, there is no human intervention and can not be manipulated by human data
godspree
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September 05, 2018, 09:25:14 AM
 #312

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 main advantage of bitcoin is freedom in payments.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.
You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
Marusia22
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September 05, 2018, 09:32:04 AM
 #313

The advantage is that it is a decentralized control system. This is an uncontrolled system. No one can track the remittances. This is the most good system. Especially if translations with huge amounts of money.
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September 05, 2018, 09:56:52 AM
 #314

Bitcoin is secure for the investment. There is no third party option. It is fast than others coin. Nobody can't steal your information for the payment.
Its cost very low. If we thought, it is beneficial for all purpose.
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September 06, 2018, 07:53:44 AM
 #315

Among the main advantages I highlight - low commissions, high speed and security of transactions with open source. There is no single regulator here that can impose its policies and restrictions. Everyone can conduct their transactions and at the same time keep their identity secret.
alex3.alex03
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September 06, 2018, 08:02:29 AM
 #316

The advantage of bitcoin in its reliability. Despite the fact that the technical side of bitcoin has long been obsolete, most investors invest it, considering it more reliable and guaranteed.
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September 06, 2018, 08:29:51 AM
 #317

bitcoin is a easy to earn more money and it is fast transaction, here main advantage no any administrator so where bitcoins could be sent user to user, then cannot easily hack bitcoin wallet for any people.

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September 06, 2018, 09:02:23 AM
 #318

true because this is bitcoin is still considered illegal by some countries because of this, in my country bitcoin is illegal because the fear of bitcoin will be used as a money laundering tool by corruptors and people who are lazy to pay taxes, the government can trace who the owner and bitcoin holders
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September 06, 2018, 09:54:00 AM
 #319


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.


Its really a sad thing seeing people use good technology for such dubious and scammish activities. When cryptocurrency gifted us the transactional attribute of pseudonymity, the goal was to bring back to the users the power of privacy against entities that intends to collect and take advantage of our information and financial activities.

It was not to conceal our identities to be able to perform such shady and illegal activities. I do hope those people change for the better and help shape up the crypto community in to a better form.
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September 06, 2018, 09:59:06 AM
 #320

There are so much advantage of bitcoin than other cryptocurrencies when you invested on it. Bitcoin is the most rated crypto among all of them and the foundation of cryptocurrency industry. Bitcoin can be use to buy real life things or can be easily converted on cash because of it's compatibility in the specific country's wallet used by the crypto users.
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