Advantages of bitcoin

[Rawa]

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 so many advantages of bitcoin just like it is the father of all crypto currency because it is the first cryptocurrency that been discovered.  Also the advantage of it is that there are so many popular person that are involved here because it is proven.

Yes no doubt in it that  a lot of famous personalities and celebrities are investing in bitcoin and they are supporting bitcoin because price of bitcoin is now very high even now it is growing and increasing more and more, I know in future we will see bitcoin making us rich as now it made a lot of poor people as rich and rich as milliners so bitcoin has a lot of benefits for all people no matter the bitcoin user is rich or poor even we can make money from bitcoin without investing anything using signature campaign bitcoin is the golden currency that has a diamond future.

[Indai24]

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 so many advantages of bitcoin just like it is the father of all crypto currency because it is the first cryptocurrency that been discovered.  Also the advantage of it is that there are so many popular person that are involved here because it is proven.

Yes no doubt in it that  a lot of famous personalities and celebrities are investing in bitcoin and they are supporting bitcoin because price of bitcoin is now very high even now it is growing and increasing more and more, I know in future we will see bitcoin making us rich as now it made a lot of poor people as rich and rich as milliners so bitcoin has a lot of benefits for all people no matter the bitcoin user is rich or poor even we can make money from bitcoin without investing anything using signature campaign bitcoin is the golden currency that has a diamond future.

In addition to that, some of the advantages of bitcoin are the following: it has lower inflation rate, investors believe that bitcoin has lower falling risk compared to other currencies, bitcoin transactions are simple, easy and cheap, and also bitcoin is portable.

[arvindschdv]

A lot of advantages in bitcoin. Bitcoin is the most reliable and secured digital currency. The crypto of the top or the most expensive is bitcoin. This proves that bitcoin is best. Some are looking for a long term investment, some are just looking for a store of value. Bitcoin opens a wide range of opportunities everyone.

[pekcoin01]

The biggest gain for me is making money.
I pay my debts by buying and selling. Of course, these are very quiet. It does not really work.

[bitterguy28]

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 advantages of bitcoin into the other coins, bitcoin price is strong coins than the other coins because all coins are convertable into bitcoin Or vice versa, but you need to convert your coin into fiat money you need to convert into bitcoin before converting into fiat. Bitcoin is easy to use can use it to pay bill or any online transactions available in your location.

[Donceng]

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.

investing in bitcoin is very profitable because here is the financial freedom that we can attract whenever we like, on the other hand we can double our capital, by following the trading in the market (exchange) where we must always be active in sell when prices are rising, and buy when prices are down. that's where the benefits of investing in bitcoin.

[Petmalu001]

For my personal experience bitcoin has many advantages specially in transactions and transfer money like with many online payment systems, Bitcoin

users can pay for their coins anywhere they have Internet access. This means that purchasers never have to travel to a bank or a store to buy a product.

However, unlike online payments made with U.S. bank accounts or credit cards, personal information is not necessary to complete any transaction.

[mom_dad]

I encourage you to do some empirical test on bitcoin and bitcoin cash.

Just send bitcoin and bitcoin cash and see how much of fees you will pay on both of them and how long you will wait for transaction to complete.

You will be surprised how much inefficient bitcoin is, even currently when fees are going down.

Bitcoin is good investment now imho, but bitcoin cash is way better to actually use.

[shuvo999]

I encourage you to do some empirical test on bitcoin and bitcoin cash.

Just send bitcoin and bitcoin cash and see how much of fees you will pay on both of them and how long you will wait for transaction to complete.

You will be surprised how much inefficient bitcoin is, even currently when fees are going down.

Bitcoin is good investment now imho, but bitcoin cash is way better to actually use.

EVEN if the transaction speed is low, still we cannot prefer bitcoin cash over real bitcoin because there are many other regards in which bitcoin is better than bitcoin cash. Probably the number of transactions performed with bitcoin are greater than that of bitcoin cash, so the speed is less.

[Finestream]

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.

investing in bitcoin is very profitable because here is the financial freedom that we can attract whenever we like, on the other hand we can double our capital, by following the trading in the market (exchange) where we must always be active in sell when prices are rising, and buy when prices are down. that's where the benefits of investing in bitcoin.

Right.Bitcoin has really a lot of advantages if we know how to make use of it.By simply holding our coins for a longer investment,we can already make profit of it.And if you have skills in trading too,you can make it as a stepping stone to reach your desires in life.I believe patience is the most essential thing in this kind of industry so you would succeed in the end.

[bitcoinner786]

It has a lot of benefits from bitcoin. for example: foreign trade, online payment ...

[ayamboy]

Bitcoin has many advantages. Many of the users of Bitcoin have already understood this. I am one of them. Bitcoin can earn money by sitting in the house. Which is a great opportunity for the unemployed. Bitcoin provides money, which is the solution to all economic problems of life.

[atikurrahman]

Bitcoin is one kind of crypto currency which has a advantage to use it. To use bitcoin for ur daily purpose, there is no tax for bitcoin, less transaction fee, secure wallet to hold money, buy something to pay less amount.it helps our life too easier.

[Brito]

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 opinion, there are almost no advantages. Simply BTC is the first crypto currency and everyone else is based on it. But it's an advantage that you can trade it for cash, while the other altcoins must first be exchanged at BTC, ETH or LTC, and then you can trade them in cash. But for BTC, taxis are already very high, transactions are slow and etc. 

[redsun114]

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 reason why people are using bitcoins or investing on bitcoins is that, they are hoping to earn more profit in the future for holding it for a very long time and it is the easiest way to earn cash more than working on the corporate world.

Bitcoin is more advantageous than working in the industry for many reason. You are the boss of your own and you can manage your own time in doing different things. You can make bitcoin wherever you are. You can conveniently use bitcoin in transactions all over the world. Bitcoin can earn in many ways that you think is profitable that can make it to grow.

There are many advantages of this coin. In my personal view I would say that the biggest advantage of this coin is that we are not supposed to mark the total amount we have in terms of money to the government and are free from paying heavy taxes for keeping it in the bank accounts.

The other advantage is that it is decentralized and could be used for any sort of monetary matter in all parts of the world and is not restricted in terms of physical vicinity.

[Edsemen]

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.

Actually bitcoin has a lot of advantages that every user would appreciate for it in terms of easy output and benefits bitcoin has. And for the friendly site it is one of the most. And as usual it has many circumstances and yet it is the best for the sake of opportunities.

[Thanasis]

The biggest gain for me is making money.
I pay my debts by buying and selling. Of course, these are very quiet. It does not really work.

Hmmmm I don't get your point.

Is that you are talking about bitcoin trading?
Bitcoin paves us the way for making money by investing or trading or getting paid but we need skills to earn money and investment to buy bitcoin.

[Al-e_x]

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.

I think there are many things that are profitable for me, which I get from this bitcoin. One of which is :
1. Security.
Unlike real money that has a physical form so prone to counterfeiting, And bitcoin until whenever will not be in fake because virtual currency like bitcoin has no form.
2. As a Digital Currency.
We can use the bitcoin currency anywhere, because this bitcoin we can use anywhere.
3. Savings
You will not be charged with fees that are in other conventional savings such as administration fees.

[lautantepi]

Are you sure? The advantages of bitcoin are evident to almost everyone in the crypto community and the biggest among the most advantages is the ability to conduct anonymous transactions online without government interference. This is obviously the first coin to try something and this has obviously worked and the world is beginning to realize the potential of bitcoin, which is why some support it while others are against it.

[Pandacomel]

In my opinion,the advantage about bitcoin is they are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs.Secondly is identity theft,this is because when you give your credit card to a merchant, you give him or her access to your full credit line, even if the transaction is for a small amount. Credit cards operate on a “pull” basis, where the store initiates the payment and pulls the designated amount from your account. Cryptocurrency use a “push” mechanism that allows the cryptocurrency holder to send exactly what he or she wants to the merchant or recipient with no further information.Thirdly, there aren’t usually transaction fees for cryptocurrency exchanges because the miners are compensated by the network.Even though there’s no bitcoin/cryptocurrency transaction fee, many expect that most users will engage a third-party service, such as Coinbase, creating and maintaining their own bitcoin wallets. These services act like Paypal does for cash or credit card users, providing the online exchange system for bitcoin, and as such Coinbase, they’re likely to charge fees.