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Topic: Advantage of BITCOIN - page 9. (Read 2855 times)

full member
Activity: 406
Merit: 100
June 05, 2018, 05:23:27 AM
The main advantages of bitcoins:

1. The cryptocurrency system is open-source-all transaction data is publicly available.
2. The absence of inflation (the creators of bitcoins say that this currency can only appreciate).
3. There is no common regulator that can impose its policy on the Bitcoin system.
4. Features without borders: anyone who owns a wallet can make payments anywhere, while remaining incognito.
5. The integrity of the system is guaranteed to be impossible to fake transactions.
full member
Activity: 406
Merit: 100
June 05, 2018, 04:48:17 AM
Bitcoin deference diverse superiority atop of habitual botanists. It grant sending repairs internationally without persuaded championing acceptance conversion
newbie
Activity: 168
Merit: 0
June 01, 2018, 07:23:19 AM
Speaking of Bitcoin we all know it's one of the most valuable electronic coins. Along with that, its benefits are as follows: Convenience in transactions, fast transactions, security, safety
member
Activity: 322
Merit: 10
The Premier Digital Asset Management Ecosystem
June 01, 2018, 04:53:59 AM
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.
You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
To be honest, BTC has a lot of benefits in terms of liquidity among countries, and you can be in countries far apart, but in a matter of seconds I can transfer money to you, and vice versa. That is the preeminent feature of BTC, the cost is very low. There is no dependency on the third party. But along with that benefit there are quite a lot of risks we should be cautious.
sr. member
Activity: 1078
Merit: 270
June 01, 2018, 04:22:52 AM



of course there will always be a negative side effect of whatever is the phrase. and we know it's very true in real life. so, it is very irrelevant if you lift the negative side of the virtual currency in comparison. More here is about investing, trading, mining and anything else that concerns the crypto industry.
hero member
Activity: 1190
Merit: 504
June 01, 2018, 04:21:22 AM
Bitcoin as a peer to peer way of paying is the main feature of bitcoin before.

But as the time goes by and everyday there are a lot of people getting into the market, bitcoin isn't recognized that way. Most are looking at it as a way of investing your money.

Because of its volatility and having no exact value, opportunity has been seen to it by holding it your money has the potential to grow as its price grows.
newbie
Activity: 149
Merit: 0
June 01, 2018, 04:17:49 AM
Blockchain technology and Bitcoin are really good. But I noticed that Bitcoin's speed and transaction fees are getting worse than many coin such as ETH, NEO or XRP. The reason BTC still keep its price so it is still the pioneer in this technology and most well known.
newbie
Activity: 22
Merit: 0
June 01, 2018, 04:14:27 AM
Well bitcoin clearly speaks of how vast is its anvantage feom any other coin. The fact that it is the number one in the cryptomarket and mother of all coins speaks for itself that its value has risen because of the many advantages it has. No question that bitcoin is one thats best foe transactions big or small.
sr. member
Activity: 980
Merit: 276
May 31, 2018, 11:27:04 AM
the main advantage of bitcoin is you can send money to anyone in the world without control ef any authority or middleman. it is totally anonymous. you can open a wallet and receive a payment totally anonymously.
full member
Activity: 462
Merit: 100
May 31, 2018, 11:24:03 AM
Bitcoin can help ordinary people. How? There are many examples, here are some of the few: the ability to very reliably protect money from government theft; you can anonymously invest; immunity to devaluation; accelerated dispatch of funds.
full member
Activity: 546
Merit: 100
May 15, 2018, 10:22:37 AM
their are alot of advantages of bitcoin we can easily transfer money in the shape of bitcoin to every where in the world it is the biggest one advantage of bitcoin now most of the people start business on bitcoin. they create a physical exchange in their country for buy and sell bitcoins. now a day bitcoin is the best income for everyone with no age limit just with knowledge. bitcoin change life standard of peoples who use bitcoin. 

If you have Bitcoins, you can go anywhere even when you do not have the money in your purse (I am l talking about cash and credit cards as well). Just get the access to the Internet and find a good exchange.
newbie
Activity: 94
Merit: 0
May 13, 2018, 09:32:55 AM
Bitcoin has many advantages. For example 1. Zero or very low commission. The commissions are practically independent of the amount transferred or from the location of the sending and receiving parties. Often transactions are free. 2. 24/7/365. If you wanted to send a transfer at 3 am on Sunday - then it will be sent at 3 am on Sunday. 3. Instant transfers. In crypto currency transactions are instantaneous. And so on.
Wow, that's  a lot of advantages, I argee
member
Activity: 187
Merit: 10
May 12, 2018, 06:49:22 AM
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.
You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
newbie
Activity: 90
Merit: 0
May 12, 2018, 05:43:49 AM
Like with many online payment systems, Bitcoin users can pay for their coins anywhere they have Internet access. This means that purchasers never have to travel to a bank or a store to buy a product.
newbie
Activity: 54
Merit: 0
May 11, 2018, 12:35:03 AM
It also has the advantage of the payment. It looks so good when people are into bitcoin. I mean, there were a lot of people who doesn't want bitcoin in their lives. For they don't know that bitcoin might help them in every aspect as possible as long as it is inclined in bitcoin.
newbie
Activity: 182
Merit: 0
May 10, 2018, 07:49:39 AM
As the king coin. Almost all other alt coins are dependent on btc in terms of growth/dips.
copper member
Activity: 210
Merit: 0
May 10, 2018, 07:47:46 AM
Bitcoin has so many advantages in which fast transaction in payements.bitcoin is the first cryptocurrency that emerge, that gives it the edge over any other cryptocurrency that is upcoming.bitcoin is very reliable and promising coin of the cryptocurrency market. Bitcoin has very low commission means there is no commission for translation, in dis every thing is very simple and transperant
full member
Activity: 868
Merit: 116
May 10, 2018, 07:33:24 AM
One of the advantages I see that bit coin have is; it is the first cryptocurrency that emerge, that gives it the edge over any other cryptocurrency that is coming up.
sr. member
Activity: 379
Merit: 251
May 10, 2018, 07:29:02 AM
One of the advantages of bitcoin is that it is a decentralized currency and this means that there is no way one person or a group of people can control it which means that there is no way for the government to use it to control its citizens. You cannot just make more bitcoins at will like you would do with fiat currency and you have absolute control of your money and your assets.
newbie
Activity: 26
Merit: 0
May 10, 2018, 07:08:35 AM
You could have 1000s of different addresses if you wanted, there is no limit to the number of Bitcoin Addresses that you can have.
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