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Author Topic: Advantages of bitcoin  (Read 1893 times)
Jabiii (OP)
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February 21, 2018, 05:11:01 PM
 #1

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.

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February 21, 2018, 05:16:00 PM
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Its the Father of all other coins, Grin So sit tight and relax for a few months or few years, you will see the benefits of it when you gets nice profits in return.

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February 21, 2018, 05:34:13 PM
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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.
Advantages of Bitcoin.
 1. High reliability.
 2. Strong growth.
 3. Highly secured.
 these are the main advantages of Bitcoin. It is occupied in high market capitalisation and high value so all the investors are looking this coin. It is decentralised cryptocurrency this is first advantage of this coin then only all the altcoins are following.
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February 21, 2018, 05:38:08 PM
 #4

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.

In my own oponion with Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time. And 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. And also you are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
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February 21, 2018, 05:40:32 PM
 #5

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.
Having blockchain view able to the public is a large advantage for Bitcoin. Another advantage is that it's an electronic item.


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February 21, 2018, 05:40:57 PM
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February 21, 2018, 05:43:23 PM
 #7

I assume by COINS you refer to CRYPTO?
Bitcoin was created to be a Peer-to-Peer payment system which we control, person to person without the need for banks to get involved.
Bitcoin has the greatest market cap so in theory has be biggest support.
It has the greatest acceptance in marketplaces, so we can spend it in more places and ways than other crypto coins.

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February 21, 2018, 05:43:36 PM
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Are you serious op? The advantages of bitcoin are clear to almost everyone in the crypto community and the biggest one among the plethora of advantages is the ability to conduct anonymous transactions online without any sort of government interference. This is clearly the first coin to 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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February 21, 2018, 05:45:23 PM
 #9

the biggest advantagess of btc is it is decentralized and it has no boder.....it's price is like sky roket

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February 21, 2018, 05:45:32 PM
 #10

Bitcoin is the most reliable and secured digital currency. And in terms of survival, it is known to survive in these market falls.
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February 21, 2018, 05:46:42 PM
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There are lots of advantages of bitcoin for people and companies. But as most people and you use cryptocurrencies just for purposes such as making profit, you don't know them. You should research.

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February 21, 2018, 05:49:13 PM
 #12

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 biggest advantage of bitcoin is its price growth because most of the peopleusing bitcoins as an asset so you can make profits by holding your bitcoins in long term.But there are other coins also having the same or more advanced feauture in terms of technolgy but the bitcoin was already recognized than any other coins so there chance of losing your capital in bitcoin investment is less than the other crypto investment.

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February 21, 2018, 06:03:14 PM
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Bitcoin has been around longer than it's competitors, not by a year but mostly multiple times the lifespan of an altcoin. This means that Bitcoin has a longer blockchain, including the difficulty makes the network almost immune to attacks. Some altcoins even include block hashes of the Bitcoin blockchain to strengthen their own. Also because it was the first, it's more adopted in the society than altcoins. For example, I can pay for my groceries in the local grocery store with Bitcoin, other cryptocurrencies are not accepted yet.
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February 21, 2018, 06:08:58 PM
 #14

Many advantages of bitcoin, when compared with other coins
First, bitcoin has a really safe security system
and also bitcoin has the highest price among all existing altcoins, more trust. and also bitcoin is the first coin created
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February 21, 2018, 06:14:23 PM
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btc is one kind of cryptocurrency. It is a form of digital money.it's currency that exists in the network only.it has no physical form.unlike dollars or euros cryptocurrency is not backed by the government or banks.

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February 21, 2018, 06:18:37 PM
 #16

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.
Good for you that you had already used bitcoin. Its advantage is that since its very popular, it can be linked to the fiat money more easily than alt coins. Popularity gives a wide coverage in the economy and it has already been proven. Bitcoin is also more business-oriented than in alt coins. But, do not forget that it has also disadvantages and this includes the volatility of its price.
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February 21, 2018, 06:40:53 PM
 #17

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 only advantage of bitcoin is that no one controls it, of course if Satoshi Nakamoto does not show up)) In other currencies, despite the fact that they are decentralized, there is some influence of the creators.
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February 21, 2018, 06:41:11 PM
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Bitcoin is a decentralized, peer-to-peer, "cryptocurrency" system designed to allow online users to process transactions through digital units of exchange called Bitcoins. Bitcoin payments are processed through a private network of computers linked through a shared program. Bitcoin has no control so government can not regulate the price. Bitcoin owners are not known
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February 21, 2018, 08:39:00 PM
 #19

Its the Father of all other coins, Grin So sit tight and relax for a few months or few years, you will see the benefits of it when you gets nice profits in return.
Bitcoin is the father of all coins a pioneer a strongest coins that give happiness to all people. Bitcoin give me lots of benefitsI need I earn now with unlimited income they me teach how invest and earn now.
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February 21, 2018, 08:55:40 PM
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Bitcoin advantage is that since its very popular.bitcoin is the king of all coin and father of the crypto market.You should research more business with bitcoin..
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