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Author Topic: Advantages of bitcoin  (Read 1899 times)
Jay Jay crypto
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March 30, 2018, 03:28:39 PM
 #341

Due to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other currencies do not get. Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and risks.
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March 30, 2018, 03:31:19 PM
 #342

Bitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it's like conventional dollars, euros, or yen, which are also traded digitally
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March 30, 2018, 03:32:23 PM
 #343

It is the very first successful crypto currency ,
I think the advantage of bitcoin when you compare it with other is the price and the trust of people in it ,
It is like the root of all the crypto currencies.
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March 30, 2018, 03:35:30 PM
 #344

Bitcoin is the most valuable digital currency today. So bitcoin has the following advantages.
1. Bitcoin has high security.
2. The bitcoin market is expanding around the world. You can participate in bitcoin anywhere.
3. bitcoin increases rapidly decreasing value in short time.
4. Bitcoin is not subject to any country's management.

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BlackRacerX
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March 30, 2018, 03:41:04 PM
 #345

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.

So far, the advantages I see in bitcoins is it's decentralization and dominance over other coins in market share aspect. Decentralization is the main key factor that makes bitcoin so great. Aside from that, having the biggest market share is an important key factor to making bitcoin's investability high.

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March 30, 2018, 03:42:20 PM
 #346

How about the ability to protect your privacy online and preventing your debit/credit cards from getting hacked while doing online purchases. Is that good enough reason? If not then how about the freedom to own your money on which no one has control but you.
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March 30, 2018, 05:07:01 PM
 #347

The advantages include a large price and popularity, because of which it has a large capitalization and attracts many investors compared to other currencies. Also very high degree of protection due to the fact that this currency is decentralized.

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March 31, 2018, 07:59:57 AM
 #348

The advantages of bitcoin and its users alike achieve success

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March 31, 2018, 08:03:27 AM
 #349

Bitcoin is considered one of the most liquid assets in the financial market by global Bitcoin exchange systems, trading platforms, and brokers. Investors, or Bitcoin holders It is easy to exchange Bitcoin for cash or other assets, such as gold or other electronic money, at an instant, at a low cost, allowing Bitcoin owners to transfer their assets out of the country. Government. High market demand, Traditional investors often question the needs and value behind Bitcoin. Investors who have limited knowledge of technology have struggled to understand the market behind Bitcoin and how its market value is determined. High market demand with Bitcoin ensures investors a bright future, because Bitcoin, in theory, is a deflationary currency. The value of Bitcoin will continue to increase until its maximum supply.
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March 31, 2018, 08:09:17 AM
 #350

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
I agree that the btc is most secured. The price is expensive compare to other coins. It's best in investment also than to other coins. Bitcoin has a lot of advantages that's why many people attract bitcoin.
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March 31, 2018, 08:21:14 AM
 #351

Bitcoin value is higher than other coins, all exchange sites receive bitcoin, many merchants have also received bitcoin, and all bitcoin support wallet. All accept the bitcoin that means the process will be simpler than the other coins.
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March 31, 2018, 08:27:35 AM
 #352

Bitcoin for me is important in the first place as a valuable asset in which I invest real money. But it can be used as a currency to pay for various services or purchases, it is fast and reliable

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March 31, 2018, 08:35:09 AM
 #353

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..

Advantages of Bitcoins are no third party involved, smarter form of money that doesn't require cost and time, traditional channels are improve. We can easily send and receive Bitcoin anytime.
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March 31, 2018, 08:36:06 AM
 #354

Its fun watching it make crazy moves in the market and taking your balls to your throat when the prices jump from $1 to $19,000 and after sometime back to the $8K from $ 19,000. Lolz. You come to the market, put your hard earned money into it and then see such fluctuation so it is kind of fun and at the same time bitcoins wonderful roller coaster ride.

Truly I am mad at bitcoin and the way it works. Off course I can say that it has given me financial freedom and all the stuff but it is lot more interesting than that I guess. I have never been so happy to make transactions with it with so much simplicity and without knowing anyone that I am doing it.  Cheesy
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March 31, 2018, 08:36:38 AM
 #355

Bravo that you had officially utilized bitcoin. Now its favorable position is that since its extremely prominent, it can be connected to the fiat cash more effectively than alt coins. Fame gives a wide scope in the economy and it has just been demonstrated. Bitcoin is likewise more business-arranged than in alt coins. In any case, keep in mind that it has additionally hindrances and this incorporates the unpredictability of its cost.
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March 31, 2018, 09:11:43 AM
 #356

Bitcoin for me is important in the first place as a valuable asset in which I invest real money. But it can be used as a currency to pay for various services or purchases, it is fast and reliable
Advantage of bitcoin is because of its potential, transactions directly with each other without using third party, means no bank, no fees to be deducted for the services, bank and government cant control it, which means no identity revelations and no freezing of account, bitcoin is the most secured among the other coins, bitcoin is the most versatile among all of the cryptos.

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March 31, 2018, 09:20:06 AM
 #357

The advantages of bitcoin in other coin is we need it to buy other coin. We need to convert our money in order to buy other token. It is the higher value coin.
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March 31, 2018, 09:23:11 AM
 #358

bitcoin always have higher price than another coin, always grow strength, and stable. bitcoin is first generation from the coin so make the bitcoin very popular and have high prices. so collect it as much as possible so you will get the rewards

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March 31, 2018, 09:34:26 AM
 #359

bitcoin is the first coin in the cryptocurrency of course he is more special than the other coin. the advantage of bitcoin is its price increase from year to year tantalize. if you have bitcoin since 2013 then now you will be rich and peer to peer and decentralized system loading everyone interested.

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March 31, 2018, 09:42:39 AM
 #360

As far as I think bitcoin has advantages over other coin because it has been developed for a long time and everyone has confidence in it so it's worth it so much, also talk about technology I see bitcoin there These are not equal to the newly developed ICO projects. With new ICO projects, the technology for this market has been greatly improved.
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