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Topic: Advantages of bitcoin - page 24. (Read 1958 times)

newbie
Activity: 91
Merit: 0
February 25, 2018, 08:48:42 AM
#31
There are a lot of advantages in bitcoin.First,you have a chance to be a member of bitcoin community.Next is that bitcoin helps us to earn money through bounties and airdrops.Bitcoin opens a wide range of opportunities everyone.
full member
Activity: 532
Merit: 101
February 24, 2018, 05:50:56 AM
#30
Many advantages of bitcoin, when compared with other coins
First, bitcoin has a really safe security system
and also bitcoin has the highest price among all existing altcoins, more trust. and also bitcoin is the first coin created
Agree that bitcoin has many advantages like good for investment if we invest it gives profit, it can use by paying online transactions because its fast and secure, and the price is high compare to other coins, so we become success and we can rich in bitcoin. The most advantages of bitcoin is no one control its price and most especially it has no taxes.
sr. member
Activity: 518
Merit: 250
February 21, 2018, 05:48:32 PM
#29
There are lots of advantages of bitcoin for people and companies. But as most people and you use cryptocurrencies just for purposes such as making profit, you don't know them. You should research.
Yes theres lot of advantage in bitcoin for people. People use crypto currency is for there investment and they want to earn a big income to make them successful. In investing in bitcoin is big chance to become rich and gain high profit.
legendary
Activity: 2282
Merit: 3014
February 21, 2018, 05:48:14 PM
#28
Some of the best would include:

Pseudo anonymous transactions.

No third parties are involved- this is all about decentralization.

Very low Transaction Fees
This was not so the case for a few months but thanks to the Lighting Network bitcoin fees are back to being quite low again.  The transaction time is also speeding up and we are just getting going with the lighting network.

Mobile Payments
Instant access to cash when the bank is closed or there are no ATM's near by is a big deal.  Being able to pay anyone all over the world at a moments notice is a huge thing.
member
Activity: 176
Merit: 10
February 21, 2018, 05:39:42 PM
#27
Due to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other currencies do not get. Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and risks. That said, Bitcoin appears to offer some unique possibilities.

Read more: What are the advantages of paying with Bitcoin? | Investopedia https://www.investopedia.com/ask/answers/100314/what-are-advantages-paying-bitcoin.asp#ixzz57mjglKVW
legendary
Activity: 1218
Merit: 1007
February 21, 2018, 05:18:46 PM
#26
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
The advantage is that it has the biggest crypto community with the largest quantity of businesses and other various economic services surrounding it. Almost 0 other cryptos have anything close to this kind of activity and you'd be hard-pressed to try and convince companies to start accepting these even more unstable cryptos. I wouldn't try and bother with it in most circumstances since they're hesitant about Bitcoin already. Nothing else on the market right now would look more usable than Bitcoin.
newbie
Activity: 45
Merit: 0
February 21, 2018, 04:56:52 PM
#25
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
Lots of benefits can be obtained from the investment bitcoin. Bitcoin prices are relatively more stable when compared with altcoin prices. However, the risk of any investment of cryptocurrency will inevitably exist and is very risky, ie the price is very volatile. How good we can speculate for the next few months.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
February 21, 2018, 04:54:18 PM
#24
There's really a lot of them. If you are here, on this forum, it means that you know some advantages already. Decentralization, cheaper and faster transactions, operating under the radar, like cash, at the same time being a form of digital payment, like your paypal or any other processor.
Some people are here for it's tradable properties, some are looking for a long term investment, some are just looking for a store of value. Bitcoin is all of this and much more because it has the potential of becoming a form of payment that's accepted everywhere.
newbie
Activity: 294
Merit: 0
February 21, 2018, 04:49:58 PM
#23
I believe that bitcoin has no advantages. BTC is the first cryptocurrency. BTC slow transaction confirmation times and a thoroughly congested network.
hero member
Activity: 2110
Merit: 502
February 21, 2018, 04:47:42 PM
#22
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.

There are many advantages that we get from Bitcoin, of course if the price is more expensive certainly everyone who holds bitcoin will be happy, and many conveniences in using Bitcoin, for example payment or long-distance transfer or between countries and businesses.
sr. member
Activity: 532
Merit: 250
February 21, 2018, 04:14:04 PM
#21
Bitcoin is the most reliable and secured digital currency. And in terms of survival, it is known to survive in these market falls.
Bitcoin is the most reliable and secured digital currency. Bitcoin can survive and getting stronger and no one can replace them. Bitcoin can survive and stand again and rise to get more profit and give happiness to all people.
newbie
Activity: 98
Merit: 0
February 21, 2018, 03:55:40 PM
#20
Bitcoin advantage is that since its very popular.bitcoin is the king of all coin and father of the crypto market.You should research more business with bitcoin..
sr. member
Activity: 868
Merit: 257
February 21, 2018, 03:39:00 PM
#19
Its the Father of all other coins, Grin So sit tight and relax for a few months or few years, you will see the benefits of it when you gets nice profits in return.
Bitcoin is the father of all coins a pioneer a strongest coins that give happiness to all people. Bitcoin give me lots of benefitsI need I earn now with unlimited income they me teach how invest and earn now.
newbie
Activity: 196
Merit: 0
February 21, 2018, 01:41:11 PM
#18
Bitcoin is a decentralized, peer-to-peer, "cryptocurrency" system designed to allow online users to process transactions through digital units of exchange called Bitcoins. Bitcoin payments are processed through a private network of computers linked through a shared program. Bitcoin has no control so government can not regulate the price. Bitcoin owners are not known
member
Activity: 434
Merit: 10
February 21, 2018, 01:40:53 PM
#17
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
The only advantage of bitcoin is that no one controls it, of course if Satoshi Nakamoto does not show up)) In other currencies, despite the fact that they are decentralized, there is some influence of the creators.
sr. member
Activity: 630
Merit: 251
February 21, 2018, 01:18:37 PM
#16
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
Good for you that you had already used bitcoin. Its advantage is that since its very popular, it can be linked to the fiat money more easily than alt coins. Popularity gives a wide coverage in the economy and it has already been proven. Bitcoin is also more business-oriented than in alt coins. But, do not forget that it has also disadvantages and this includes the volatility of its price.
jr. member
Activity: 73
Merit: 1
The revolutionary trading ecosystem
February 21, 2018, 01:14:23 PM
#15
btc is one kind of cryptocurrency. It is a form of digital money.it's currency that exists in the network only.it has no physical form.unlike dollars or euros cryptocurrency is not backed by the government or banks.
jr. member
Activity: 173
Merit: 1
February 21, 2018, 01:08:58 PM
#14
Many advantages of bitcoin, when compared with other coins
First, bitcoin has a really safe security system
and also bitcoin has the highest price among all existing altcoins, more trust. and also bitcoin is the first coin created
sr. member
Activity: 518
Merit: 268
February 21, 2018, 01:03:14 PM
#13
Bitcoin has been around longer than it's competitors, not by a year but mostly multiple times the lifespan of an altcoin. This means that Bitcoin has a longer blockchain, including the difficulty makes the network almost immune to attacks. Some altcoins even include block hashes of the Bitcoin blockchain to strengthen their own. Also because it was the first, it's more adopted in the society than altcoins. For example, I can pay for my groceries in the local grocery store with Bitcoin, other cryptocurrencies are not accepted yet.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
February 21, 2018, 12:49:13 PM
#12
Im wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
The biggest advantage of bitcoin is its price growth because most of the peopleusing bitcoins as an asset so you can make profits by holding your bitcoins in long term.But there are other coins also having the same or more advanced feauture in terms of technolgy but the bitcoin was already recognized than any other coins so there chance of losing your capital in bitcoin investment is less than the other crypto investment.
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