Topic: Advantages of bitcoin - page 4. (Read 1958 times)

Aside from being a technology itself that offers a secure and convenient way of transferring certsin amount of money, it also serves as a way of investment since its value is constantly fluctuating. With bitcoin, you can purchase things, be it online or from any establishment, so long as the said store accepts bitcoin as a mode of payment.

bitcoin can benefit greatly if it is held for a long time. because the bitcoin price spike is very high, although the fall can also reach 50% more. but the bitcoin price increase is much better than latcoin.

Bitcoin gives lots of advantages. How? In the sense that it is the pioneer of all other cryptocurrency. Thus, it is already tested for several years now. It can also go across boarders–from one country to another. It is also secured. Transactions are transparent. Bitcoin can also be considered as a way of payment in buying things and can be converted to your country's currency. Making bitcoin as a source of extra money is also an advantage. Example is in joining a signature campaign. All you have to do is to follow the policies posed by the campaign manager, do your task and voilà! Easy money! (Though its not really that easy because it takes wits and patience.)

Those are just some of the advantages of bitcoin. Read more about bitcoin and even the threads here about its pros and you'll see that there are tons of other advantages apart from what I have mentioned.

Bitcoin is anonymous coin, easy to transfer and receive, has a fast transaction time. We can transfer transnational, but not third party verification. That is the first benefit that BTC brings to the user.

Aside from you can earn money daily, here are some of the benefits of that most over-looked (including me):

Freedom in Payment / Instant Transactions: 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.

Control and Security: Cryptocurerncies are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs. Allowing users to be in control of their transactions help keep Bitcoin safe for the network. Payments in Bitcoin can be made and finalized without one’s personal information being tied to the transactions. Due to the fact that personal information is kept hidden from prying eyes, Bitcoin protects against identity theft.

Very Low Fees: Currently there are either no fees, or very low fees within Bitcoin payments. With transactions, users might include fees in order to process the transactions faster. The higher the fee, the more priority it gets within the network and the quicker it gets processed.

Information is Transparent: With the block chain, all finalized transactions are available for everyone to see, however personal information is hidden. Your public address is what is visible; however, your personal information is not tied to this. Anyone at anytime can verify transactions in the Bitcoin block chain.

Fewer Risks for Merchants: Due to the fact that Bitcoin transactions cannot be reversed, do not carry with them personal information, and are secure, merchants are protected from potential losses that might occur from fraud.

MOST IMPORTANT. YOU OWN IT: There is no other electronic cash system in which your account isn’t owned by someone else. Take PayPal, for example: if the company decides for some reason that your account has been misused, it has the power to freeze all of the assets you have in the account, without consulting you. It is then up to you to jump through whatever hoops that are necessary to get it cleared, so that you can access your funds. Remember: YOUR FUNDS! With cryptocurrency, you own the private key and the corresponding public key that makes up your cryptpcurrency address. No one can take that away from you (unless you lose it yourself, or host it with a  that loses it for you).

The cryptocurrency market can be very volatile, so never invest more than you can afford to lose and spread your risk among several coins.

Investing in Cryptocurrency for me is not an option to get rich but an option to earn more. That eventually can make you rich or not, it will always depend on you.

investing with bitcoin will make us gain a lot of profit. especially in assets and can increase the price of bitcoin so there are also others. bitcoin is used for transactions

there are many advantages that are created from playing bitcoin trading and already many who can produce something very expensive from the advantage of playing bitcoin trading if for two months you are distressed and still do not understand it should read frequently.

-The security system is more secure when we make transactions.
-Not easy to forget because bitcoin is virtual-shaped it's hard to fake.
-Payments via virtual currency this one does not require a high cost, where you can make payments with minimal cost.

the advantages of bitcoin from another currency like paper money and other currencye is maybe it can use internationally with low fee, its mean that you can send or receive bitcoin across the country in the world with low fee and very easy verifiaction wallet, its not like other digital currency that hard to fo identity verification 

The main advantages of Bitcoin are network effect and proven security. Both are nearly insurmountable advantages. And Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Bitcoin is far more liquid, with much larger volumes than every altcoin. Bitcoin has the largest developer ecosystem with more software and more implementations than any altcoin. Bitcoin has the most entrepreneurs creating companies around it with a lot of intellect, dedication and creativity going toward making it more useful.

They're have many advantages of bitcoin . Like a lot of people learn about investing because of bitcoin . Many people are thankful to have a bitcoin in they're life now because bitcoin is the one that help them to reach they're goals and dreams in life.

that is one of them, the greatness most often felt by people who use bitcoin is, a considerable increase in income, and a very good investment for the long term. I think a lot of advantages are in bitcoin.

Most common advantages of bitcoin is it gonna help you unconditionally in unexpected ways of earning money

As for me, bitcoin plays a vital role in my life now because of it's promising advantages. Bitcoin is a great way of earning since it is profitable and it provides different oportunities for most of us users. Through it, we would also be able to transact freely and faster which is more convenient for most of us.

Bitcoin have a lot of advantages like bitcoin is high market capitalization , bitcoin helps internet connection useful , bitcoin help people to reach they're goals and dreams . People now is thankful to the bitcoin because they're have anything that they needed because of bitcoin .

the main advantage of Bitcoin. is in high market capitalization and high value so all investors are looking for this coin. bitcoin is a decentralized cryptocurrency, bitcoin is the first advantage of this coin, then only all altcoin that follow.

There are lots of cryptocurrencies that have been created now but the bitcoin is the truly first created and the father of all these emerging cryptocurrencies. The main advantage of bitcoin is that it has proven usage case a store of value. It is more accessible, with more people and merchants adopt it and use it.

Bitcoin have a lot of advantages making it different and attractive. It is not only a currency used easily to paying and trading online, but it is also an valuable asset, since its price keep rising highly with time. BTC is also decentralized and anonymous, so no one can control it or controlling its price. Thats why it is still the first used crypto currency right now.

There are a lot of advantages of having a bitcoin here in our world. For me the advantages of having a bitcoin is that you can do all things that you want because you will earn some money and use it for there daily lives. But you need to control of having a bitcoin in your lives because there is some disadvantages of having this.

Indeed, the are numerous advantages of Bitcoin. It is the first digital currency, the popularity is given; also, the price is higher than other cryptocurrencies, there's no government officials involved.