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Author Topic: Advantages of bitcoin  (Read 1887 times)
Etoasiatsxxx
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April 06, 2018, 02:43:34 AM
 #421

They're have many advantages of bitcoin . Like a lot of people learn about investing because of bitcoin . Many people are thankful to have a bitcoin in they're life now because bitcoin is the one that help them to reach they're goals and dreams in life.
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April 06, 2018, 02:49:48 AM
 #422

The main advantages of Bitcoin are network effect and proven security. Both are nearly insurmountable advantages. And Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Bitcoin is far more liquid, with much larger volumes than every altcoin. Bitcoin has the largest developer ecosystem with more software and more implementations than any altcoin. Bitcoin has the most entrepreneurs creating companies around it with a lot of intellect, dedication and creativity going toward making it more useful.
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April 06, 2018, 02:54:50 AM
 #423

the advantages of bitcoin from another currency like paper money and other currencye is maybe it can use internationally with low fee, its mean that you can send or receive bitcoin across the country in the world with low fee and very easy verifiaction wallet, its not like other digital currency that hard to fo identity verification  Grin

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Dyah Nevi
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April 06, 2018, 03:02:02 AM
 #424

I'm wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thoughts.

-The security system is more secure when we make transactions.
-Not easy to forget because bitcoin is virtual-shaped it's hard to fake.
-Payments via virtual currency this one does not require a high cost, where you can make payments with minimal cost.
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April 06, 2018, 03:02:39 AM
 #425

Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.

there are many advantages that are created from playing bitcoin trading and already many who can produce something very expensive from the advantage of playing bitcoin trading if for two months you are distressed and still do not understand it should read frequently.
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April 06, 2018, 03:03:43 AM
 #426

investing with bitcoin will make us gain a lot of profit. especially in assets and can increase the price of bitcoin so there are also others. bitcoin is used for transactions
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April 06, 2018, 03:41:22 AM
 #427

Aside from you can earn money daily, here are some of the benefits of that most over-looked (including me):

Freedom in Payment / Instant Transactions: 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.

Control and Security: Cryptocurerncies are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs. Allowing users to be in control of their transactions help keep Bitcoin safe for the network. Payments in Bitcoin can be made and finalized without one’s personal information being tied to the transactions. Due to the fact that personal information is kept hidden from prying eyes, Bitcoin protects against identity theft.

Very Low Fees: Currently there are either no fees, or very low fees within Bitcoin payments. With transactions, users might include fees in order to process the transactions faster. The higher the fee, the more priority it gets within the network and the quicker it gets processed.

Information is Transparent: With the block chain, all finalized transactions are available for everyone to see, however personal information is hidden. Your public address is what is visible; however, your personal information is not tied to this. Anyone at anytime can verify transactions in the Bitcoin block chain.

Fewer Risks for Merchants: Due to the fact that Bitcoin transactions cannot be reversed, do not carry with them personal information, and are secure, merchants are protected from potential losses that might occur from fraud.

MOST IMPORTANT. YOU OWN IT: There is no other electronic cash system in which your account isn’t owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets you have in the account, without consulting you. It is then up to you to jump through whatever hoops that are necessary to get it cleared, so that you can access your funds. Remember: YOUR FUNDS! With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptpcurrency address. No one can take that away from you (unless you lose it yourself, or host it with a  that loses it for you).

The cryptocurrency market can be very volatile, so never invest more than you can afford to lose and spread your risk among several coins.

Investing in Cryptocurrency for me is not an option to get rich but an option to earn more. That eventually can make you rich or not, it will always depend on you.
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April 06, 2018, 03:51:38 AM
 #428

Bitcoin is anonymous coin, easy to transfer and receive, has a fast transaction time. We can transfer transnational, but not third party verification. That is the first benefit that BTC brings to the user.
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April 06, 2018, 03:52:37 AM
 #429

Bitcoin gives lots of advantages. How? In the sense that it is the pioneer of all other cryptocurrency. Thus, it is already tested for several years now. It can also go across boarders–from one country to another. It is also secured. Transactions are transparent. Bitcoin can also be considered as a way of payment in buying things and can be converted to your country's currency. Making bitcoin as a source of extra money is also an advantage. Example is in joining a signature campaign. All you have to do is to follow the policies posed by the campaign manager, do your task and voilà! Easy money! (Though its not really that easy because it takes wits and patience.)

Those are just some of the advantages of bitcoin. Read more about bitcoin and even the threads here about its pros and you'll see that there are tons of other advantages apart from what I have mentioned.

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April 06, 2018, 03:57:19 AM
 #430

bitcoin can benefit greatly if it is held for a long time. because the bitcoin price spike is very high, although the fall can also reach 50% more. but the bitcoin price increase is much better than latcoin.
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April 06, 2018, 04:01:25 AM
 #431

Aside from being a technology itself that offers a secure and convenient way of transferring certsin amount of money, it also serves as a way of investment since its value is constantly fluctuating. With bitcoin, you can purchase things, be it online or from any establishment, so long as the said store accepts bitcoin as a mode of payment.

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April 06, 2018, 04:08:25 AM
 #432

Aside from being a technology itself that offers a secure and convenient way of transferring certsin amount of money, it also serves as a way of investment since its value is constantly fluctuating. With bitcoin, you can purchase things, be it online or from any establishment, so long as the said store accepts bitcoin as a mode of payment.
Too much technology could be an advantage or an disadvantage also because that will make people lazy on doing things that they should do.
In this case, because of the anonymous of Bitcoin, people is really lazy to figure out which is the good and bad projects for investing, they just invest with the blindly way and that cause to the huge loss on them.
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April 06, 2018, 06:49:16 AM
 #433

Bitcoin has low transaction fees, you are able to control it yourself and no government or bank have access to it. It ha fast transaction process.
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April 06, 2018, 06:52:10 AM
 #434

The advantage of bitcoin is being pioneer in crypto currencies and changing the perception of the people in real money.
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April 06, 2018, 06:54:11 AM
 #435

Too much technology could be an advantage or an disadvantage also because that will make people lazy on doing things that they should do.
In this case, because of the anonymous of Bitcoin, people is really lazy to figure out which is the good and bad projects for investing, they just invest with the blindly way and that cause to the huge loss on them.
It should not be done. Investment with bitcoin should be based on proper analysis, especially for trading. If you just rely on luck without analysis, we can lose.
The related technology that makes lazy, it seems that should be changed there mindset about it. Technology simplifies our lives for a better life.

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April 06, 2018, 06:57:36 AM
 #436

There are many advantages of bitcoin because you can easily get money without doing so risky, you only need to join their bounties and follow their rules to receive your own tokens. It is very secure here no one knows about your passwords.
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April 06, 2018, 08:11:47 AM
 #437

This is coin attempt something like and it has clearly been successful and the world has begun to realize the potential of bitcoin which is why some are supporting it while some are against it. No matter how much any altcoin grows in the future, nothing can come close to replacing bitcoin as the king of the crypto market.
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April 06, 2018, 08:22:54 AM
 #438

the biggest advantages of btc is it is decentralized and it has no border.....it's price is like sky rocket.Bitcoin is the father of all coins a pioneer a strongest coins that give happiness to all people. Bitcoin give me lots of benefits need I earn now with unlimited income they me teach how invest and earn now.



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April 07, 2018, 01:16:13 AM
 #439

of course there are many advantages that we get from bitcoin, because bitcoin is the first coin in cryptocurenccy of course bitcoin superior from other coins and has a higher price than other coins.bitcoin very helpful once my economic problems
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April 07, 2018, 01:47:05 AM
 #440

Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.

The advantage is that it can be spent everywhere, at least in countries where Bitcoin and cryptocurrency is open and are widely usedd. You cannot use other altcoins as easy as Bitcoin. Litecoin and Bitcoin Cash are also widely used I believe but I have yet to see a single store or restaurant here in my place that accepts them. But I know of several restaurants and shops around here that accept Bitcoin. The same is true with online sellers. They accept Bitcoin more than any other coin.
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