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Author Topic: The advantages of bitcoin  (Read 2165 times)
kenzruiz
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April 17, 2018, 02:13:24 PM
 #221

The advantage of bitcoin, you dont need to work under the sun to make money, you dont have salestalk your customers to earn money, in bitcoin you just have to invest or post to earn money.
I agree with that because bitcoin you can earn money by using your gadgets like phones, laptop or personal computer. And it very safe through transaction of the money that you earn and you will not getting tired by working it.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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April 17, 2018, 02:49:20 PM
 #222

Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.

Of course, the Freedom in the payment system, control and Security, transparency, low fee and fewer risk for the merchant is a few significant advantages of Bitcoin.

You can send or receive money anywhere in the world at any given time without researching on bank holidays, or other limitations will occur when transferring the money. Control and security allow a user to be in control of their transactions. With the help of Blockchain technology transparency of information is available for anyone to see. However, the private information will be hidden.
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April 17, 2018, 03:03:41 PM
 #223

One of the advantages of Bitcoin
Like freedom in Payment, 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.
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April 17, 2018, 03:12:42 PM
 #224

Bitcoin have so many advantages. It is a different currency, decentralized, anonymous and having very good value and potential.
Also it is offering low fee transactions compared to using banking systems and fiat currencies.
It is also a valuable asset since its price keep growing up highly.
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April 17, 2018, 08:06:28 PM
 #225

One of the advantages of Bitcoin
Like freedom in Payment, 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.
Bitcoin is a technology. Think about Gmail or Google. Lots of uses in business and professional projects. Likewise, Bitcoin is a new technology with lots of perks and benefits. The only technology I love the most because it has high liquidity, low transaction cost, secure and a worthy asset to invest in. There are limitless advantages. It would be able to even modify the banking system in future.
supercanada1
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April 19, 2018, 07:01:22 PM
 #226

There are so many advantages but the major one is it is based on blockchain technology. So it allows people to make anonymous payments. And due to it is decentralized there is no authority to stop those transactions.
This forum is not only one of the best ways of making money and that too without investing anything into the crypto currencies but it also a very good source of information and that most of the people who have invested their money into any of the crypto currency as they remain up-to-date and can analyze the situation in a better way. This is a very good platform and all those who don’t have any other source of income must join this forum.
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April 19, 2018, 07:09:26 PM
 #227

Freedom enough for us. So, always governments took our freedom, for that, i think ''Freedom'' enough for us. Other than, few fee than all of banks, it can bring profit every moment. So, I love it.  Wink
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April 19, 2018, 07:11:33 PM
 #228

Bitcoin is a digital currency. Bitcoins are of great value to be believed. So bitcoin has the following advantages:
1. Bitcoin operates independently. It is not under the control of any government. Therefore, bitcoin is not subject to tax.
2. The bitcoin market is expanding around the world. You can participate in bitcoin everywhere.
3. Bitcoin is highly trusted by many people.





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stayeduptolate
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April 19, 2018, 07:56:00 PM
 #229

Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
There are many advantages that bitcoin provides to the people throughout the world because of which it has gained a lot of popularity among the people throughout the world and also has gained a lot of users. And out of all the advantages the best Is that bitcoin is a very good platform to start making and earning money right from the scratch. This is because it provides many ways by which one could start earning like joining a signature campaign. Bitcoin mining.
Al Amin
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April 19, 2018, 11:18:02 PM
 #230

The advantages of bitcoin, one of them is that everyone can have it rich and poor, he has a bitcoin. And for myself bitcoin is one quick way to earn money. And the transaction is also not too complicated, with only through mobile phones and internet network we can transact without complicated

rhenz01
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April 19, 2018, 11:32:51 PM
 #231

Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
being poular and the first crypto is i think the advantages of bitcoin.
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April 20, 2018, 12:39:17 AM
 #232

Others see it as a bad thing but for me, the advantage of bitcoin will be its price. It can go up and down and as long as we keep on monitoring the trend, we can earn a lot of money. Ever since I started working for bounties and trading, my financial situation improved and I was able to pay my debts. I am in the process of investing money on bitcoin now since the price is low. I think it will keep on increasing until December, around $30,000 USD.

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April 20, 2018, 12:49:11 AM
 #233

Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.

it's mate. I agree with you. many advantages of bitcoin. bitcoin is very low fees,bitcoin users are completely in control of their transactions, very fast and usefull.
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April 20, 2018, 01:04:30 AM
 #234

The advantages of bitcoin, one of them is that everyone can have it rich and poor, he has a bitcoin. And for myself bitcoin is one quick way to earn money. And the transaction is also not too complicated, with only through mobile phones and internet network we can transact without complicated
thats impact for our economy.people that joining in bitcoin for several years enjoy this advantages.maybe they are right now become rich man.

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April 20, 2018, 01:15:24 AM
 #235

bitcoin is a digital currency which, of course, makes a lot of the advantages created from digital currencies like bitcoins, there are so many advantages if you can hold it up for several years that you will definitely be able to earn a lot of profits.
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April 20, 2018, 03:01:27 AM
 #236

Bitcoin itself is an knowledge to entire human beings any hold have confidence over it. Because it gives significant profit and exchange deep lives kind of giving an probability according to less fortunate one. And so much is an knowledge of bitcoin because of me. The largest problem respecting bitcoin to that amount most about it is users are speculators, consequently if the cost goes down yet so is no action because a while, below you choice confer the utilization over bitcoin goes dramatically under because the speculators might not remain fascinated among the foreign money someone more.
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April 20, 2018, 04:19:09 AM
 #237

Freedom is the best thing to describe bitcoin advantages, When you are unemployed, simply switch to bitcoin, Theres no need to make application letter and an interview just to hire you. Bitcoin welcomes everyone. You can also work anytime you want 24/7 as long there is internet connection, It is also fast, easy, convenient and efficient in transacting bills and other type of payment.
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April 20, 2018, 04:38:07 AM
 #238

Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.

it is a good quote mate, I agree. many advantages of bitcoin . it is easy, fast, usefull.you can get earn from trading and investing bitcoin.
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April 22, 2018, 01:54:03 AM
 #239

Fewer risks for merchants.bitcoin transactions are secure,irreversible and does not contain any customers sensitive or personal information.this protects merchants from losses caused by fraud or fraudulent chargebacks.
Right now the only problem is that most of the advantages of bitcoin are for merchants, this is why you still see people using PayPal because in PayPal the consumer is the one that has all the advantages, this means that we need to give to consumers some incentive to use bitcoin and in my opinion that is going to be that bitcoin is by far a superior store of value compared it to any fiat currency.
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April 22, 2018, 02:10:51 AM
 #240

Another advantages of bitcoin is the fast payment by online shopping as far as I know amazon accepted bitcoin as mode of payment so that is a good news for all the bitcoin users that they can easily pay their products in amazon by the use of bitcoin.
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