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Topic: advantages of bitcoin - page 12. (Read 14754 times)

copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
November 02, 2016, 11:18:17 AM
I'm still a newbie in Bitcoin but from what i learned so far it has potential that would be beneficial in this world. it helps people from all around the world to pay in an instant. transactions would be easy and reliable. and is transparent.

I'm still learning though.
hero member
Activity: 742
Merit: 526
November 02, 2016, 09:24:05 AM
Fast transactions, no "few buainess day" for transaction to succeed, easy storaged, no need to fight with spare change in your pockets Cheesy, low, low fees, wletc.. There are many advantages of bitcoin, and with everyday those advantages are improved.

That seems to be a legit point. Banks leave much to be desired in this aspect. If Bitcoin payments kick off for real in the future as well as other alternative payments that totally exclude banks, the ensuing competition will probably make the banks more agile, nimble, and overall appeasing. They seem to be too lazy by today's Internet standards, and if they don't want to get kicked out of business eventually, they gotta fully embrace the 24/7 approach, the sooner, the better, lol.
hero member
Activity: 2128
Merit: 520
November 02, 2016, 07:18:36 AM
Fast transactions, no "few buainess day" for transaction to succeed, easy storaged, no need to fight with spare change in your pockets Cheesy, low, low fees, wletc.. There are many advantages of bitcoin, and with everyday those advantages are improved.
that's right no holiday and the fee really not that big, btc is really anonymous enjoying this feature will attract more and more investors.
newbie
Activity: 56
Merit: 0
November 02, 2016, 07:15:08 AM
Bitcon can be invesment because the price of bitcoin always rise against viat and never gonna down .bitcoin did not have a tax because the goverment can not trace user .and bitcoin is anonimously.and bitcoin have a lower fee than bank. So it's have much advantages.
hero member
Activity: 2366
Merit: 594
November 02, 2016, 05:11:40 AM
The advantage of bitcoin are more convenient to use than fiat in terms of sending and receiving. Its anonymous transaction which will prevent thieves watching your account. Less fees than banks. And anyone regardless of age can use it as long as you know.
sr. member
Activity: 399
Merit: 250
November 02, 2016, 04:11:25 AM
Yes there is freedom of using money the way we want. No one can stop from using our money because there is no one to say why are you sending bitcoin to him, why are you sending such a huge amount, how much money do you have, and such
Yes bitcoin advantage is that we are free to manage our money with our own accord as desired. There is no limit for us to be able to manage bitcoin so that we can use it freely. In bitcoin I think is also very easy to get an advantage because there are many ways that can make us earn well. There are many advantages bitcoin and it is very profitable.

Its impossible to point out a single advantage of bitcoin as it holds multiply advantages and it is also helping us in many ways and the best thing I like about bitcoin is that you can send money across the globe with just a  click of a mouse and with the least fees and the transactions are available 24/7.

As the above mate quoted bitcoin gives most users the access of transaction 24/7. Another important factor is that bitcoin as a digital form of currency gives its users the earning possibilities and transaction can be made in less time and on holidays on which banking transaction were not possible.

Yup there are no "bank holidays" in bitcoin transactions and you can send or receive money whenever you want and even if its a bank holiday its possible to transfer your bitcoins to your bank account via online transactions so that is the best thing about bitcoins.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
November 02, 2016, 04:06:14 AM
Fast transactions, no "few buainess day" for transaction to succeed, easy storaged, no need to fight with spare change in your pockets Cheesy, low, low fees, wletc.. There are many advantages of bitcoin, and with everyday those advantages are improved.
sr. member
Activity: 812
Merit: 250
November 02, 2016, 04:04:38 AM
Yes there is freedom of using money the way we want. No one can stop from using our money because there is no one to say why are you sending bitcoin to him, why are you sending such a huge amount, how much money do you have, and such
Yes bitcoin advantage is that we are free to manage our money with our own accord as desired. There is no limit for us to be able to manage bitcoin so that we can use it freely. In bitcoin I think is also very easy to get an advantage because there are many ways that can make us earn well. There are many advantages bitcoin and it is very profitable.

Its impossible to point out a single advantage of bitcoin as it holds multiply advantages and it is also helping us in many ways and the best thing I like about bitcoin is that you can send money across the globe with just a  click of a mouse and with the least fees and the transactions are available 24/7.

Yes true it is one of the advantages of bitcoin. We can send money easily and with minimal transaction fees.

Maybe bitcoin will be among countries payment transactions and widely used for international transactions.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
November 02, 2016, 03:55:39 AM
Yes there is freedom of using money the way we want. No one can stop from using our money because there is no one to say why are you sending bitcoin to him, why are you sending such a huge amount, how much money do you have, and such
Yes bitcoin advantage is that we are free to manage our money with our own accord as desired. There is no limit for us to be able to manage bitcoin so that we can use it freely. In bitcoin I think is also very easy to get an advantage because there are many ways that can make us earn well. There are many advantages bitcoin and it is very profitable.

Its impossible to point out a single advantage of bitcoin as it holds multiply advantages and it is also helping us in many ways and the best thing I like about bitcoin is that you can send money across the globe with just a  click of a mouse and with the least fees and the transactions are available 24/7.

As the above mate quoted bitcoin gives most users the access of transaction 24/7. Another important factor is that bitcoin as a digital form of currency gives its users the earning possibilities and transaction can be made in less time and on holidays on which banking transaction were not possible.
sr. member
Activity: 386
Merit: 250
November 02, 2016, 03:44:43 AM
Yes there is freedom of using money the way we want. No one can stop from using our money because there is no one to say why are you sending bitcoin to him, why are you sending such a huge amount, how much money do you have, and such
Yes bitcoin advantage is that we are free to manage our money with our own accord as desired. There is no limit for us to be able to manage bitcoin so that we can use it freely. In bitcoin I think is also very easy to get an advantage because there are many ways that can make us earn well. There are many advantages bitcoin and it is very profitable.

Its impossible to point out a single advantage of bitcoin as it holds multiply advantages and it is also helping us in many ways and the best thing I like about bitcoin is that you can send money across the globe with just a  click of a mouse and with the least fees and the transactions are available 24/7.
sr. member
Activity: 812
Merit: 250
November 02, 2016, 03:42:31 AM
Yes there is freedom of using money the way we want. No one can stop from using our money because there is no one to say why are you sending bitcoin to him, why are you sending such a huge amount, how much money do you have, and such
Yes bitcoin advantage is that we are free to manage our money with our own accord as desired. There is no limit for us to be able to manage bitcoin so that we can use it freely. In bitcoin I think is also very easy to get an advantage because there are many ways that can make us earn well. There are many advantages bitcoin and it is very profitable.
hero member
Activity: 3038
Merit: 634
November 01, 2016, 11:39:20 PM
There are many advantages
when you use bitcoin.
One of the advantages
is you can easily send money
to other people.

This is one of the advantage of bitcoin and out of sending the bitcoin to other person, the transaction fees are very cheap so it makes it better to use.

And bitcoin itself is a currency and you don't have to think about of exchanging it to dollars as there are a lot of bitcoins exchangers are available anytime.

With automatic transactions.
full member
Activity: 210
Merit: 100
November 01, 2016, 10:56:48 PM
Yes there is freedom of using money the way we want. No one can stop from using our money because there is no one to say why are you sending bitcoin to him, why are you sending such a huge amount, how much money do you have, and such
sr. member
Activity: 448
Merit: 250
November 01, 2016, 10:24:57 PM
Bitcoin is returning the power of the money back to the people, as the begining, after banks appear and countries get their rules, people exchange anything without any tax or fee between those transaction, bitcoin does charge a small fee if we do see the current fiat system.
Bitcoins give me freedom, to use and invest my bitcoins where i do wanna without ask for permission from the bank.
Your so called freedom will disappear when new rules and regulations are implemented by the government regarding bitcoin ,since this is a new innovation it will take some time for the people behind the law to understand what this is and formulate a law regarding it,so consider this as a honeymoon period ,there will be a time when everything will be regulated just like fiat ,you have to start paying your tax when your government recognize crypto currency as asset Smiley
hero member
Activity: 574
Merit: 500
Any store can buy, sell, and accept Crypto
November 01, 2016, 09:57:53 PM
Bitcoin is returning the power of the money back to the people, as the begining, after banks appear and countries get their rules, people exchange anything without any tax or fee between those transaction, bitcoin does charge a small fee if we do see the current fiat system.
Bitcoins give me freedom, to use and invest my bitcoins where i do wanna without ask for permission from the bank.
Bitcoin low fee is one of the best advantage that make people come and learn then use bitcoin. People know that bitcoin is better than fiat that they already used. No goverment control can make the users can earn bitcoin as much as they can and do not worry about the tax.
full member
Activity: 336
Merit: 100
November 01, 2016, 09:55:07 PM
please pen down all the advantages of bitcoin over traditional bank system. Also mention if bitcoin system is adoptable for bank system.
the main advantage in my opinion is to exchange the currency worldwide with the help of bitcoin . i mean we convert our local currency into bitcoin and then btc is changed into desired currency at only 1-2% charge .
so it ia better for worldwide payment in any currency .
sr. member
Activity: 381
Merit: 250
November 01, 2016, 09:43:28 PM
There are many advantages
when you use bitcoin.
One of the advantages
is you can easily send money
to other people.
sr. member
Activity: 294
Merit: 251
November 01, 2016, 01:25:02 PM
Bitcoin is returning the power of the money back to the people, as the begining, after banks appear and countries get their rules, people exchange anything without any tax or fee between those transaction, bitcoin does charge a small fee if we do see the current fiat system.
Bitcoins give me freedom, to use and invest my bitcoins where i do wanna without ask for permission from the bank.

 Huh
What about use paper money?

So you don't need banks... If it's your money, you don't have to ask for permission btw.
hero member
Activity: 756
Merit: 501
November 01, 2016, 11:23:49 AM
Bitcoin is returning the power of the money back to the people, as the begining, after banks appear and countries get their rules, people exchange anything without any tax or fee between those transaction, bitcoin does charge a small fee if we do see the current fiat system.
Bitcoins give me freedom, to use and invest my bitcoins where i do wanna without ask for permission from the bank.
hero member
Activity: 756
Merit: 520
November 01, 2016, 08:48:11 AM
One of the advantage of bitcoin for me is its fast transaction with a low fees. That's why we can send and share our bitcoin to our loved ones wherever they are.
As a matter of fact, I use bitcoin sometimes as a physical money like fiat to shop online.
That's the reason why I love bitcoin. It is so useful!

It is indeed true and will always be its own characteristic of bitcoin. In addition to the low cost and fast transaction also as a Bank, we can benefit simply by storing the bitcoin or buy low price while bitcoin and save it after it was sold when the price is high. These are not owned by other currencies, so I am sure that bitcoin is going to have a good future and outstanding
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