advantages of bitcoin - page 4. | Bitcointalksearch.org

carlisle1

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Quote from: Japinat on December 22, 2016, 07:48:04 AM

Quote from: ardentvolcanoes on December 22, 2016, 04:43:32 AM

Quote from: requester on October 13, 2016, 06:17:15 AM

please pen down all the advantages of bitcoin over traditional bank system. Also mention if bitcoin system is adoptable for bank system.

maybe it is already mentioned by other people here but i would like to say that bitcoin is more convenient to use as method of payment and bitcoin is reliable for long term investment or putting your money for savings and while you are keeping your money in bitcoin there's a possibility that you will make a profit from it .

The fact that it's both a currency and investment, it would certainly attract more people. Bitcoin was created not for investment purposes but with the good system, business minded have seen good potential of bitcoin and have seen that it will be a big thing that is going to be popular online currency in the future. I have both experience treating it as currency and investment and I have reap benefits using both. I can gamble with my bitcoins and can hold it for profit.

nowadays most people are doing the same thing as well although it is not actually supposed to be an investment and it was created for transaction purposes but we found out that it was also the advantage of using bitcoin. we can treat it in different ways whether it is for currency, an investment or much better we will treat it in both ways because the good benefit of it is that we can just keep our money safe with bitcoin while its price is growing .

jethrorn99

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1) The price is increasing little by little, so it's great for people who wants to invest their money on something profitable.

2) The price of bitcoin is really high for a lot of third world countries. Earning bitcoin could be really profitable and could help them fulfilling their daily needs.

3) For countries in arab areas, bitcoin could be used for gambling since gambling is banned there since bitcoin is more anonymous than fiat.

Japinat

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Quote from: ardentvolcanoes on December 22, 2016, 04:43:32 AM

Quote from: requester on October 13, 2016, 06:17:15 AM

please pen down all the advantages of bitcoin over traditional bank system. Also mention if bitcoin system is adoptable for bank system.

maybe it is already mentioned by other people here but i would like to say that bitcoin is more convenient to use as method of payment and bitcoin is reliable for long term investment or putting your money for savings and while you are keeping your money in bitcoin there's a possibility that you will make a profit from it .

The fact that it's both a currency and investment, it would certainly attract more people. Bitcoin was created not for investment purposes but with the good system, business minded have seen good potential of bitcoin and have seen that it will be a big thing that is going to be popular online currency in the future. I have both experience treating it as currency and investment and I have reap benefits using both. I can gamble with my bitcoins and can hold it for profit.

ardentvolcanoes

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Quote from: requester on October 13, 2016, 06:17:15 AM

please pen down all the advantages of bitcoin over traditional bank system. Also mention if bitcoin system is adoptable for bank system.

maybe it is already mentioned by other people here but i would like to say that bitcoin is more convenient to use as method of payment and bitcoin is reliable for long term investment or putting your money for savings and while you are keeping your money in bitcoin there's a possibility that you will make a profit from it .

Wintersoldier

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Quote from: Mbah Slamet on December 22, 2016, 01:42:46 AM

Many advantages of bitcoin of bitcoin, After the price rise of more than $500 attracted me to put my money in the bitcoin, long-term investment is one of the great things if we buying the bitcoin.

In a long term investment, I prefer bitcoin to be used. For example in a company, I will choose the company firstly in my local country and which I can ensure won't fall. And in that investment, I can easily invest my money easily and fast through bitcoin as it was used as mode of payment online.

Mbah Slamet

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Many advantages of bitcoin of bitcoin, After the price rise of more than $500 attracted me to put my money in the bitcoin, long-term investment is one of the great things if we buying the bitcoin.

bravehearth0319

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Bitcoin actually, can give a lot of money to those anyone who will understand what bitcoin is really all about. And for us of course to get the edges of it we need to be open minded and accept to ourselves that we are a risk taker in this field of industry on bitcoin world. Because the cheapest that you will ever seen in the online transactions that gives low fee's of charge can be found only here in bitcoin.

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Quote from: PacePay on December 21, 2016, 08:31:46 AM

Quote from: Blitzboy on December 21, 2016, 08:29:17 AM

Quote from: dotajhay on December 21, 2016, 07:26:51 AM

Quote from: Lubang Bawah on December 21, 2016, 05:01:17 AM

After I know the bitcoin I feel many advantages that I get. Foremost is I can get a benefit because buying 2 bitcoin when the priced around $300, and now it is $800.

Wow! that's amazing how you keep your 2bitcoins for almost a year? you do any bitcoin business or you just stock your bitcoin balance into your wallet for 1 year? Huh

very nice it become tripled of your bitcoins.

yeah you must have gained an enormous amount of profit from it Grin

but I think you shouldn't sell your 2 bitcoin right away because bitcoin is rising up high really fast now so if you wait longer, you will get even more. I was about to do the same thing but I don't have much patience like you so it turns out to be that I get more money from online jobs than just keep it and wait for the right time.

I also kept some of my bitcoins for a longer period and from that I got a very high profit and that was the time of halving after that I spend them on some of my purposes and after that once again I started to store bitcoins and now I am again very happy because I am seeing that once again the price of bitcoin is increasing and I am earning a good profit.

Thoughts and attitudes are very good friends. For as the future we cannot know and whether in the future we can become a rich man or not it depends on attitude and also our thinking at the moment. have you ever wondered how a bill gates before becoming a wealthy man who gets into the big 3 ..?? . And have you ever seen or know the background before mark zuckerberg became wealthy due to create or make a facebook. All of them are in fact not know but they are sure he will definitely give you a huge advantage. Same thing with bitcoin

PacePay

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Quote from: Blitzboy on December 21, 2016, 08:29:17 AM

Quote from: dotajhay on December 21, 2016, 07:26:51 AM

Quote from: Lubang Bawah on December 21, 2016, 05:01:17 AM

After I know the bitcoin I feel many advantages that I get. Foremost is I can get a benefit because buying 2 bitcoin when the priced around $300, and now it is $800.

Wow! that's amazing how you keep your 2bitcoins for almost a year? you do any bitcoin business or you just stock your bitcoin balance into your wallet for 1 year? Huh

very nice it become tripled of your bitcoins.

yeah you must have gained an enormous amount of profit from it Grin

but I think you shouldn't sell your 2 bitcoin right away because bitcoin is rising up high really fast now so if you wait longer, you will get even more. I was about to do the same thing but I don't have much patience like you so it turns out to be that I get more money from online jobs than just keep it and wait for the right time.

I also kept some of my bitcoins for a longer period and from that I got a very high profit and that was the time of halving after that I spend them on some of my purposes and after that once again I started to store bitcoins and now I am again very happy because I am seeing that once again the price of bitcoin is increasing and I am earning a good profit.

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Quote from: dotajhay on December 21, 2016, 07:26:51 AM

Quote from: Lubang Bawah on December 21, 2016, 05:01:17 AM

After I know the bitcoin I feel many advantages that I get. Foremost is I can get a benefit because buying 2 bitcoin when the priced around $300, and now it is $800.

Wow! that's amazing how you keep your 2bitcoins for almost a year? you do any bitcoin business or you just stock your bitcoin balance into your wallet for 1 year? Huh

very nice it become tripled of your bitcoins.

yeah you must have gained an enormous amount of profit from it Grin

but I think you shouldn't sell your 2 bitcoin right away because bitcoin is rising up high really fast now so if you wait longer, you will get even more. I was about to do the same thing but I don't have much patience like you so it turns out to be that I get more money from online jobs than just keep it and wait for the right time.

Text

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There's a lot of advantage of bitcoin and I can't mention it all one by one. This coin can still operate even it is not connected to bank. Here in our country we have now the local exchange and there are banks that are already connected to it and it is really very helpful.

Zadicar

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Quote from: virtualkeybuyer on December 21, 2016, 07:49:46 AM

The most important advantage of bitcoin to me is that I can now earn bitcoin from available tasks on internet before bitcoin it was hard for me because paypal is not available in my country and I was unable to earn money from those sites. There were some sites on internet which were using different payment processors but they were much lesser in number.

Earning oppotunities on bitcoin is one of the most advantages of it on which some people do really benefit out of it and i could see some that they are relying their daily lives on earning bitcoin and could able to sustain their lives because of it.Not only that since bitcoin is being created mainly for online payment for peer to peer system without any 3rd party involved.

virtualkeybuyer

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The most important advantage of bitcoin to me is that I can now earn bitcoin from available tasks on internet before bitcoin it was hard for me because paypal is not available in my country and I was unable to earn money from those sites. There were some sites on internet which were using different payment processors but they were much lesser in number.

hakanbalta577

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There are huge alot of advantages of bitcoins and many can be found in google as well but i will tell the thing that i like about the bitcoin.The most advantage i get in bitcoins is it allow me to gamble without disclosing my identity and no one can know the i am gambling and where the funds are coming.

dotajhay

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Quote from: Lubang Bawah on December 21, 2016, 05:01:17 AM

After I know the bitcoin I feel many advantages that I get. Foremost is I can get a benefit because buying 2 bitcoin when the priced around $300, and now it is $800.

Wow! that's amazing how you keep your 2bitcoins for almost a year? you do any bitcoin business or you just stock your bitcoin balance into your wallet for 1 year? Huh

very nice it become tripled of your bitcoins.

dawnpot

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It's advantageous to have bitcoins because it tends to grow in value quite quicker than the traditional banks and with bitcoins ATM's springing up they're giving traditional banks a good run for their money.

Lubang Bawah

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After I know the bitcoin I feel many advantages that I get. Foremost is I can get a benefit because buying 2 bitcoin when the priced around $300, and now it is $800.

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Quote from: noictib on December 20, 2016, 09:37:37 AM

Quote from: Agraoclya on December 20, 2016, 09:25:49 AM

There are a lot of of advantages these days and I think that its pretty hard to say what cannot be done with the bitcoin.

yep , No doubt that Bitcoin advantage increases daily but small problem in Bitcoin is that a big part of the population of the world is unknown by such virtual currency and I think this is insisting the Bitcoin popularity in small degree .
Overall advantage or Bitcoin is such that we can't count it .

They don't need to know because bitcoin is not really for all of the people, it's only for those who do online transaction and wanted to save time, effort, and costs when doing it. It's decentralized and that's what attract us to use it, it is the advantage than non other online processor or services can offer, it's unique and that what people like.

noictib

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Quote from: Agraoclya on December 20, 2016, 09:25:49 AM

There are a lot of of advantages these days and I think that its pretty hard to say what cannot be done with the bitcoin.

yep , No doubt that Bitcoin advantage increases daily but small problem in Bitcoin is that a big part of the population of the world is unknown by such virtual currency and I think this is insisting the Bitcoin popularity in small degree .
Overall advantage or Bitcoin is such that we can't count it .

Agraoclya

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There are a lot of of advantages these days and I think that its pretty hard to say what cannot be done with the bitcoin.

Topic: advantages of bitcoin - page 4. (Read 14754 times)