the most important + bitcoin is that it is the most reliable of all. if the cryptocurrency in the world will die, then there will only be 1 coin it will be bitcoin. every day it is harder to get bitcoin and therefore its value increases.
As a new inventions in payment platform we know that Bitcoin has a lot of advantage to us people. Bitcoin transactions are very fast if compared to banking channels. A bitcoin transaction is as fast an e-mail and can be processed with in 10 minutes. Also it can be instantly processed if they are “zero-confirmation” transactions, meaning that the merchant takes on the risk of accepting a transaction that hasn’t yet been confirmed by the bitcoin blockchain. The confirmed transactions are those which takes atleast 10 minutes to process. Credit Card or digital wallet services also provides instant approved transactions services but for this they usually charges a hefty fees, which is not in the case of Bitcoin as mentioned above. Bitcoin has very low transaction fees even for being super fast in terms of processing. What a great inventions, right? 
Topic: Advantage of BITCOIN - page 6. (Read 2908 times)
BTC possesses a serious advantage to becoming an anonymous unit. It can be said that it is most famous since it is from the first. transfer between countries. That is the advantage of these reasons. Eyes rolling
The greatest advantage of bitcoin is its decentralization. It is unstable only because of its small capitalization these days. When it will be accepted everywhere as a currency, it will be very stable.
I think that Btc is so trong because it is the foundation of the cryptomarket and other cryptocurrencies depend on it, its price and everything at all.
I am sure that the main plus of Btc is its stability and realloy high volumes and value that support its developing and thanks to these ones new people join to it.
Bitcoin isn't assessable, you can execute business, send cash to any piece of this world without paying duty. In the event that you need to be mysterious it should be possible too through Bitcoin exchanges. These are all should be possible since cryptocurency exist just in the web utilizing the blockchain innovation and in light of the fact that it is decentralized no one can tracted or followed it. Life is substantially less demanding utilizing cryptocurency in any exchanges through web.
If you are talking from the point of view of an investor then bitcoin presents a lot of features in investment which are not available in the open market including high return on profit, digital security as well as blockchain command
the most important + bitcoin is that it is the most reliable of all. if the cryptocurrency in the world will die, then there will only be 1 coin it will be bitcoin. every day it is harder to get bitcoin and therefore its value increases.
Yes, all true, and not only this, but also sell weapons, drugs, transfer money for illegal business. That's why the crypto currency is so popular. Therefore, at the moment, it is so much stalled and governments want to introduce a legislative base.
Bitcoin can not be faked. The cost of testing gold is very high, and bitcoin testing is not costly and the truth is that bitcoin can not be faked. Because bitcoin is not shown in physical form.
That is correct. It also ensures a fast, cheap and secure means of payment and transfers. The value of bitcoin also makes it a worthy asset in itself that grows in value over time
Below are some of the advantages of bitcoin:
1. Irreversible Transactions
2. No Paperwork
3. Appreciating value
4. Quick and cheap transactions
5. Control and security
6. Information is transparent
1. Irreversible Transactions
2. No Paperwork
3. Appreciating value
4. Quick and cheap transactions
5. Control and security
6. Information is transparent
The advantage of Bitcoin is a big help of people in case of money transaction. While we are living in different countries and we are far from our family we can easily send money transfer through bitcoin. We can do once transaction a minutes its already done.
The following are some of the major advantages of using Bitcoin versus other currency systems:
No Third-Party Seizure
No Tracking
No Transaction Costs
No Risk of “Charge-backs”
Bitcoins Cannot be Stolen
Payment Freedom
Low/Minimal Fees
It’s fast
People can’t steal your payment information from merchants
Non-Inflationary
Bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.
Though it has major disadvantages.In brief "Possible Government Interference"
I agree with that and that why I believe that BTC has chance to be accepted currency in the world wide because that advantage. No Third-Party Seizure
No Tracking
No Transaction Costs
No Risk of “Charge-backs”
Bitcoins Cannot be Stolen
Payment Freedom
Low/Minimal Fees
It’s fast
People can’t steal your payment information from merchants
Non-Inflationary
Bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.
Though it has major disadvantages.In brief "Possible Government Interference"
Bitcoin have many advantages like fast transaction speed in payment, sending asset, and also less transaction fees. Another is bitcoin can used in transferring asset between two or more countries and also paying through bitcoins provide us utmost freedom. Bitcoins can be sent to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit. Bitcoin is decentralized and no one can control or manipulate. The next one is Bitcoin transactions are completely anonymous and private. Unlike in payments through bank, where the transactions can be tracked and identified, bitcoin transactions cannot be identified.
That is true, bitcoin has a lot of advantages that brings to the people and also in the community. Their are a lot of usage that bitcoin can accomodate. In terms of paying bills and in different transaction will do too. The transaction is very transparent to each and everyone.
What I like about BTC is its a decentralized system that cannot control by anyone even its creators, that is a very important thing to us because it cant be control by those shit governments also the reason why some of the government dont like it.
Yes maybe one advantage of bitcoin that is very visible to most of us is it helps our way of transaction and mode of payment faster than the a manually transaction. Its makes things convenient and less hassle. Also investing in bitcoin will definitely gives your more earning and more profits.
Yes, I agree that this is a + but we must not forget about the unfair (( such as drugs , weapons , and more . so then from what side to look .
The sure advantage of bitcoin for me is no other than that the rest of the ALTcoins are dependent on it.
The sure advantage of bitcoin for me is no other than that the rest of the ALTcoins are dependent on it.
And they depend because bitcoin is now like a king. And all the blows usually fall on him. Opponents of the currency believe that if you break the bitcoin will fall all. 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.
yes indeed many advantages of bitcoin that allows us to transact and as others. but with the many advantages of bitcoin such as buying or selling services illegally and laundering money is very unfortunate if such advantages are used as such. as a sword we must be wise in using bitcoin let alone technology that is growing nowadays. Jump to: