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Author Topic: The advantages of bitcoin  (Read 1948 times)
b3j0
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May 08, 2018, 07:42:23 AM
 #541

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.

Bitcoin is good for long term investment, the prices of cryptocurrency is growing in the market so investing a huge amount today will make you rich in the future, you only need to be patient in order to get profit.
what makes you sure if bitcoin will develop in the future? I think there will be a lot of news that will drop the bitcoin.

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May 08, 2018, 08:35:08 AM
 #542

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.
When we says advantage it is the positive ways . In this case the advantage of bitcoin is that  you can invest a lot of bitcoins and keep it until the price gets higher .
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May 08, 2018, 09:18:48 AM
 #543

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.
The bitcoin has many advantages that can help people to make their life better. In bitcoin you can earn huge profits because it's value is extremely amazing, the bitcoin is decentralized so no one can control it or manipulate it.
There are so many advantages of the bitcoin and that you can only get to know about all the advantages which bitcoin can help you in having when you will be done with studying all the necessary information related to that of the bitcoin and the other crypto currencies. There can be no other thing which can be this much helpful to you as is bitcoin when it comes to that of the making of money.
There are many advantages of bitcoin. Bitcoin is not only a usable currency but also a coin business. One can use his holdings anywhere in the world and if he keeps his bitcoin for some time and waits for the price to grow more he can make handsome money. There is no need to change your local money if you buy something in other country.

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May 08, 2018, 10:02:54 AM
 #544

Beside that advantages, Bitcoin have good advantages that we are looking. As investment, bitcoin price history show us that bitcoin can be a good investment and no one investment can give gain like bitcoin did

By joining campaigns and airdrops bounty. Bitcoin provides an opportunity to have a source of income without going anywhere, with just a cell phone or laptop and internet connection
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May 08, 2018, 10:29:56 AM
 #545

For me the advantages of having a bitcoin it help me to make things easy and faster transaction at the same time you are sure to its security.And because of bitcoin I feel like i have a permanent job,I put hardwork and effort to its.Bitcoins is my source of income it help me to support the needs of my family.Another is you can travel without a large amount of money anytime once you need a cash bitcoin is there.But you need to convert it into cash.
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May 08, 2018, 10:41:25 AM
 #546

Beside that advantages, Bitcoin have good advantages that we are looking. As investment, bitcoin price history show us that bitcoin can be a good investment and no one investment can give gain like bitcoin did

By joining campaigns and airdrops bounty. Bitcoin provides an opportunity to have a source of income without going anywhere, with just a cell phone or laptop and internet connection

So what are you implying here? That "Bitcoin" provides an opportunity to have a source of income to people through campaigns and ICO airdrops or Bounty? Signature Campaigns, I can accept that since there are a lot of Signature Campaigns here that pay Bitcoin but still, Bitcoin is not the one who gave people an opportunity to have a source of Income but the sites and Services providers that start that certain Signature Campaign.

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May 08, 2018, 11:02:11 AM
 #547

Hmm..the advantages of BTCitcoin for me are

  Ease of use to sending money in the form of Bitcoin to other people

  Private...I do not have to go thru any banking or paypal system and diveulge information on who is sending and is receiving. So privacy is key.

  Its fast, no longer do I have to wait for the bank to place a wire transfer and wait in line to fill out forms..again privacy issue.

  Low transaction fees...I do not have to pay PAYPAL or a bank an exorbitant amount to send the money.

  Can do it easily thru a mobile wallet in an instant...all I need is a Bitcoin address and the coin can be sent anywhere around the world/

  And last but least,...there is no middle man to get involved to make them richer of off my back

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May 08, 2018, 12:31:55 PM
 #548

For me, there are a lot of advantages of bitcoin,can give financial stability which everyone needed most ,open an opportunity to those jobless people,it serves as another source of income and can reduce global problems.

Yess youre right but for me the most advantage of bitcoin was even at home or wherever you will go as long as there is an internet connection you can have an income of bitcoin.

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May 08, 2018, 01:25:21 PM
 #549

Bitcoin is cryptocurrency that making people free from governent, banks and other stuff. The main advantage at my opinion is free transactions all over the world without any problems.

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May 08, 2018, 01:30:46 PM
 #550

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.

One of the main advantage of bitcoin for me is that it gives those people who doesn't have any jobs a s long they are hardworking and very good in strategy a earnings. Those people who doesn't have any permanent jobs that here in bitcoin are actually the lucky one because in just very simple way they can earn double money that can earn by a office person. But of course, you need to have enough knowledge here in bitcoin.

The advantage of Bitcoin you don't need to work as a sales girl to earn money what you are going to do is just to post and invest to earn money.
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May 08, 2018, 01:47:46 PM
 #551

For me, on of my favorite advantages in my particular life is an opportunity to have self employment! And work for myself, not on plant
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May 08, 2018, 02:39:54 PM
 #552

Many advantages that have bitcoin, of which is the security, bitcoin can not be spoofing as money konfesioanal. Bitcoin able to be a global currency, while the currency konfesional not. Bitcoin can be made as savings, even if we save money in the form of bitcoin, and when the value of bitcoin up we will get a good thing that much. but don't forget, in addition to bitcoin have the advantage, bitcoin also had a weakness.

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May 08, 2018, 03:23:00 PM
 #553

The advantage of Bitcoin for me,it helps more people to have a better life because Bitcoin provide opportunity to those people are jobless,needs some extra income.And i think this is the way to reach my goal in life to have a better.
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May 08, 2018, 03:43:54 PM
 #554

I find bitcoin more advantageous thanks to its existence for a long time. To judge in terms of technology I think bitcoin will not be as good as the recently developed altcoin coin.
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May 08, 2018, 07:07:29 PM
 #555

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.
The bitcoin has many advantages that can help people to make their life better. In bitcoin you can earn huge profits because it's value is extremely amazing, the bitcoin is decentralized so no one can control it or manipulate it.
There are so many advantages of the bitcoin and that you can only get to know about all the advantages which bitcoin can help you in having when you will be done with studying all the necessary information related to that of the bitcoin and the other crypto currencies. There can be no other thing which can be this much helpful to you as is bitcoin when it comes to that of the making of money.
There are many advantages of bitcoin. Bitcoin is not only a usable currency but also a coin business. One can use his holdings anywhere in the world and if he keeps his bitcoin for some time and waits for the price to grow more he can make handsome money. There is no need to change your local money if you buy something in other country.
Bitcoin has a lot if advantages and as a whole we can say that if someone asks you that what is the advantaged currency of the market then you should reply that it is Bitcoin, the advantageous currency in the whole market. It is a modern way of transferring amount from one corner to the other corner of the world within seconds. And this is what we want for fast transactions and to save the transaction costs.
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May 08, 2018, 07:26:52 PM
 #556

Think higher and higher told truly. Actually, they are strong advantages of bitcoin. What most of all is pleasant to me in bitcoin is a pure anonymity and decentralization. To tell that any person, the essence or even the government will never control your bitcoins. They can't freeze your account or track your personality. It is what is wanted by most of us, freedom of our wealth.
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May 08, 2018, 07:42:42 PM
 #557

Think higher and higher told truly. Actually, they are strong advantages of bitcoin. What most of all is pleasant to me in bitcoin is a pure anonymity and decentralization. To tell that any person, the essence or even the government will never control your bitcoins. They can't freeze your account or track your personality. It is what is wanted by most of us, freedom of our wealth.
It is very beneficial currency and its advantages are make our life very easy and that's why everyone can join it if they are employer or not, bitcoin can make everyone's life very easy and that's why their future will more profitable by its investment, so if your job is everywhere in the world you can join bitcoin easily because its a global currency and its advantages are not create difficulties for you rather its make your life more comfortable.

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May 08, 2018, 08:47:40 PM
 #558

The advantage of bitcoin it is a good in a long term investment beacuse the prize of bitcoin is not a stable they have posibility that your investment become double.and bitcoin is profitable in a short period of time and they have a lot of users change the lifestyle through bitcoin and also bitcoin have no taxes in my country so i claim my profits full.
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May 08, 2018, 10:18:41 PM
 #559

Bitcoin has a lot of advantages for all its users and investors.The reason why i want bitcoin it because it makes easy to earn,it makes faster transactions at the same time its security.And you can travel everywhere without a large amount of cash, once you need Bitcoin is there but you need to convert it first.Thru bitcoin i can pay my bills without leaving my house.
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May 08, 2018, 10:39:21 PM
Last edit: May 10, 2018, 08:40:18 AM by qumatru
 #560

first advantages of bitcoin is bitcoin reduce poverty form alot of people it is the biggest advantage of bitcoin. now every one give services on bitcoin and earn good income from bitcoin in trade. bitcoin is fast transaction in the world you can transfer your money in every where in the corner in the world. no government are interference in your money no taxes pay by any one. you just invest money in bitcoin and earn highest profit in small time. their are so many advantages in the uses of bitcoin.
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