Advantage of BITCOIN - page 16. | Bitcointalksearch.org

DrewXland

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Quote from: Felimon on April 15, 2018, 11:21:36 PM

Quote from: Phebz on February 06, 2018, 11:37:01 PM

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Monero have better anonymous transactions, better than bitcoin. Eth have fast transaction confirmation than bitcoin. And lots more coins have better things than bitcoin, so the only advantage of bitcoin is the first crypto currency people know about. Cheesy

This first mover advantage is massive and means that btc
Will always be a the prime crypto. With the lightening network
Btc can be super fast, and with the massive community it
Really could do everything that other Crypto’s can do and better.
But as discussed as it has first mover status it doesn’t really need to.

Felimon

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Quote from: Phebz on February 06, 2018, 11:37:01 PM

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Monero have better anonymous transactions, better than bitcoin. Eth have fast transaction confirmation than bitcoin. And lots more coins have better things than bitcoin, so the only advantage of bitcoin is the first crypto currency people know about. Cheesy

smhome354

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The main advantage of bitcoin is that it is very fast compared to other parameters of online transactions. One great characteristic of bitcoin is we can earn from it. It is true that it can be use by other people using their illegal trades but this doesnt mean that bitcoin is bad.

ricardobs

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Quote from: djscreem01 on April 11, 2018, 05:14:55 AM

BTC owns a serious advantage for being an anonymous unit. it can be said that it is the most well-known because it is from the first one. transfere between countries. it is the advantage of these reasons. Roll Eyes

Bitcoin is not fully anonymous and that is the reason why it is referred to as pseudo anonymous.

Just thought I should point that out in case you do not know. Bitcoin has major advantage over altcoins in the sense that it is more established, it is in spot light and it is basically the legacy coin with every other coin just tagging along and who does not prefer holding the boss anyway ?

Asides this, as a currency and an investment one can trust so far, I believe bitcoin stands a better chance.

DrewXland

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Quote from: raven7886 on April 15, 2018, 01:04:34 PM

Quote from: i40u on April 12, 2018, 06:59:35 AM

Bitcoin changed the concept of money transfer, decentralization shows that the system can work autonomously and without supervisory organs. It is a model of the financial system of the future.

The idea of money transfer is one thing that blockchain technology has brought with bitcoin being in the main front of it all. What led me to start using bitcoin was all in need to transfer without the banks involved and it was like a dream come true. Being into importation business, it has really helped so much in paying merchants all over the world and luckily for me, they are all bitcoin enthusiasts because it was even through one of them I got into this space today. This is the great benefit that bitcoin has brought.

It's a great shift away from the centralised model of wealth transfer. Now that banks and nation states can be cut out their is a lot of negative pressure against Bitcoin as it's success is a direct threat to the establishment. This is why the growth of Bitcoin will be painful, but as most of us believe, it will eventually be the norm in society and not the niche.

raven7886

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Quote from: i40u on April 12, 2018, 06:59:35 AM

Bitcoin changed the concept of money transfer, decentralization shows that the system can work autonomously and without supervisory organs. It is a model of the financial system of the future.

The idea of money transfer is one thing that blockchain technology has brought with bitcoin being in the main front of it all. What led me to start using bitcoin was all in need to transfer without the banks involved and it was like a dream come true. Being into importation business, it has really helped so much in paying merchants all over the world and luckily for me, they are all bitcoin enthusiasts because it was even through one of them I got into this space today. This is the great benefit that bitcoin has brought.

hetecon

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In fact, now there are not many advantages of Bitcoin in comparison with some altcoins, except for the price of course) I think it will pump this summer.

rickadone

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Quote from: ritiktakyan01 on April 11, 2018, 01:40:48 PM

There are many advantages of Bitcoin People are getting income from Bitcoin, job opportunities are being provided and the quality of life of people is improving, people are getting the knowledge of technology. The biggest advantage is the cashless fear environment.

That is even an advantage I am sure a lot of the community within the freelance world and in the bitcointalk community has really derived from bitcoin and blockchain technology. The fact that a lot of people have been able to help themselves in a little way they can, hold on to what they have earned and over time are able to utilize what they have to build their dream as a cryptocurrency investor is just so awesome.

After all, that is just by the way I remember, those days when people can hardly get paid for doing freelance gigs online, but with bitcoin, a whole lot has really changed in getting paid and doing transactions all over the world.

stanforders

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The status of bitcoin is its emergence, which realizes completely anonymous coins, and no one can get your personal information through some simple channels. This is a good way to deal with some inconvenient people.

i40u

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Bitcoin changed the concept of money transfer, decentralization shows that the system can work autonomously and without supervisory organs. It is a model of the financial system of the future.

ritiktakyan01

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There are many advantages of Bitcoin People are getting income from Bitcoin, job opportunities are being provided and the quality of life of people is improving, people are getting the knowledge of technology. The biggest advantage is the cashless fear environment.

lider1971

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BTC itself shows in the first place that there are alternative systems that can change the banking sector and make people completely independent. That's cool.

paykal5

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Advantage of bitcoin:-
Anonymous and private.
Payment freedom.
Low/Minimal fees.
It's fast.
Central government can't take it away.
People can't steal your payment information from merchants.
No third-party interruptions.
Mobile payments.
Prices are always going up.

Restmand

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Quote from: djscreem01 on April 11, 2018, 05:14:55 AM

BTC owns a serious advantage for being an anonymous unit. it can be said that it is the most well-known because it is from the first one. transfere between countries. it is the advantage of these reasons. Roll Eyes

Bitcoin have many advantage in many things. It can be advantage of the anonymous because the bitcoin have not traceable and it is decentralize ilalso it is for faster transaction so you can be easier to make negotiations. Also, it can make you an big profit if you want to earn. Becayse this is one of the advantage of the bitcoin too.

SunJAB

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Yes, if BTC is applied in daily life, the BTC has many benefits for us. We can do BTC conversion quickly, without much time, but still a lot of risk from the hackers. BTC has two sides.

djscreem01

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BTC owns a serious advantage for being an anonymous unit. it can be said that it is the most well-known because it is from the first one. transfere between countries. it is the advantage of these reasons. Roll Eyes

jose111

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Quote from: Phebz on February 06, 2018, 11:37:01 PM

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

It's really give to us a convenience in any transaction that we make and it is true that this can be the way of doing some illegal transaction without knowing by the third party. It is really includes negative and positive effects to us. But doing insensitive thing is depends on us. Let just using it in the right thing so we can be much benefited to this.

krisjoygallatiera

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There is quite a lot of advantage in using bitcoin. Besides the speed of transactions, I tilt more for criterion benefit of money or to make benefit to reside with this exchange rate. Bitcoins can give you a fairly high return on investment, if you get the right gear to earn more coins.

DrewXland

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Bitcoin will always be King as it has first market mover status and so is the most well know and popular. I always use my alt gains to accrue more Bitcoin. I've been doing this since 2014 and has worked well.

jackflag

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Glad to see you

Quote from: Phebz on February 06, 2018, 11:37:01 PM

Bitcoin allows money to be sent anonymously across a peer-to-peer global network, with no intermediaries needed to validate or process transactions. That has made it attractive to those who want to keep their identity secret, including those buying and selling illegal goods and services on the internet.

Bitcoin can help many people who do not have a bank account to receive money transfers from around the world with a low commissions. The need only a cryptocurrency wallet and btc address. If goverments or private business will install cryptocurrency machines where people can exchange btc on fiat it will be a global breakthrough in the financial game.

Topic: Advantage of BITCOIN - page 16. (Read 2908 times)