in my opinion many advantages we get by using bitcoin, easy to make purchases using bitcoin. bitcoin can be received in many countries as a means of payment. and the last bitcoin can be made into an investment
Yes you're correct bitcoin has a lot of advantages that is why more and more people are using it. The transactions are fast and easy when it comes to bitcoin and you can earn profit in simple ways. 
Topic: Advantages of paying with Bitcoin - page 11. (Read 5330 times)
So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.
One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
Actually I think using bitcoin as a medium of payment has advantages and disadvantages. One disadvantage is that when prices go up we will find it too expensive to make payments using BTC, and the advantage is to make transactions easily. One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
Bitcoins is advantageous because you can transfer money anonymously unlike other money transfer remittances. Also, it is quicker and easier compared to other modes of money transferring. If you have experienced transferring money through money transfer remittances, you will notice that you won't have privacy at all and your personal details may be acquired. Everything will just be convenient for the payer. Also, we can transact internationally without the currency stuffs. Also take note that we may pay smaller compared to cash.
a lot of profit paying for shopping with bitcoin is pretty easy. and only one click you can get whatever item you want to buy. with secrecy-covered secrets bitcoin provides security for every transaction means bitcoin is difficult to trace. and almost never traced. yes but there are other conveniences with a high discount rate when we pay with bitcoin.
in my opinion many advantages we get by using bitcoin, easy to make purchases using bitcoin. bitcoin can be received in many countries as a means of payment. and the last bitcoin can be made into an investment
Hi! How can I find more information concerning bitcoin in Europe?
In the beginning of Bitcoin world, i only use Bitcoin for recharging my mobile phone.But now I can be realized, how fool I was !! Also, i had buy VPS, VPN, software etc using Bitcoin.all of the work that I had done was my foolishness.Bitcoin is more valuable than gold, I just wasted my bitcoin.So now I am conscious about it.not a single Satoshi I use to buy anything from online or offline.But sometimes I have to buy VPS now also but it's not regularly.The buy using bitcoin is anonymous.No one can trace whos buying.so why I like to buy with bitcoin.
Bitcoin payments have some advantages as we can buy Internet items that can be used bitcoin for payment without having to leave the house. I can also use bitcoin to buy games. Internet payment mode for bitcoin is very convenient and simple
For me the most important thing about paying with bitcoins is that since bitcoin is global its available in my country . I couldn't use PayPal to pay because PayPal in my country is limited to receive only.
Another advantage of bitcoin payment is ofcourse its annonimity . I only need to give an address to make a payment. I don't need to give out my Credit number, Expiry date...etc like in case of credit cards.
Another advantage of bitcoin payment is ofcourse its annonimity . I only need to give an address to make a payment. I don't need to give out my Credit number, Expiry date...etc like in case of credit cards.
So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.
One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
for me what is advantage of using bitcoin is things like what you bought in namecheap. sometime i want to buy something online and must pay with CC or paypal, but i don't have balance on both. bitcoin really help me to buy something online especially if they accept bitcoin as payment One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.
Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc
but I really just wanted to get your opinion...
What are some advantages of paying with Bitcoin?
One of the advantages of paying with bitcoin is being hassle free. In my country we have this app called coins.ph all you need to have is computer/cellphone and internet then you can pay your bills online. No more hassle going into long lines. Though there is minimal fee i still prefer to pay my bills using bitcoin. Its a lifesaver for a busy and stay at home mother like me.
In my own viewpoint bitcoin has a lot of advantage than the regular way of paying and transferring funds simply because it is much easier, much faster, and one will question you about it. Bitcoin is much easier because the only requirements is to have a wallet which is super easy to create, the next advantage is faster because in bitcoin you can transfer money by just one click.
I realized that now the fee is already expensive but I like to used it to send payment globally, it is easier and more efficient, setting up the wallet is also easy, so for transaction I feel it is more efficient than sending money from bank and it is hard to check and nibody will question about your transaction
transaction is faster and more productivity will
another BTC is decentralize meaning the rate price value is still increasing and can transfer over world
less fees than banks
disadvantage = we can only purchase goods in SOME of places and SOME specific things and the trading to gold or money is not that easy
another BTC is decentralize meaning the rate price value is still increasing and can transfer over world
less fees than banks
disadvantage = we can only purchase goods in SOME of places and SOME specific things and the trading to gold or money is not that easy
bitcoin transaction fees and transaction confirmations is expensive and long so to use bitcoin as a continuous payment I think is a bit detrimental. the advantages of paying using bitcoin may be anonymous and looks easy but now I see bitcoin as an expensive currency and a good investment.
i agree with you but if the amount that we want to send is bigger, for example more than 0.01 btc and the fee for example 0.0006 btc - 0.001 btc, its not a problem for us because the amount is still bigger than the fee. i think if the fee is like what i said, then i think we can do it as donation for other people so what we send can faster arrived into our wallet.
nowadays, i think that bitcoin has more disadvantages than advantages because of transaction fees althoufh it is the same value in terms of bitcoins but it is high in terms of fiat so, in effect, the confirmation time is slow but i have no problems with it than waiting in line in bank just to deposit
It is very convenient, no hassle when you are making transaction like transferring fuds. You don't have to go to banks and fall in line to deposit.
So true and I'm sure everyone had and experiencing this. Before I need to go to banks just to deposit and trasfer funds but when bitcoin came to my life, all these became convenient to me, like I didnt have to pay taxes even I sent money internationally and the best thing I can buy some load using my bitcoin. The transaction time is even reasonable for me. Bitcoin is not just for investment but it's also for us to experience all of these. Truly bitcoin touches our lives in different aspects.
well the best idea of transacting using bitcoin is that the community tracks your transaction. on the other hand thou, beware of scammers because the transaction from bitcoin are not able to be refunded.
The advantages of payment using bitcoin in my opinion are,
1. Transaction time is faster.
2. We can do international transactions.
3. Low fee
4. We can buy goods from abroad without having to swap with currency.
1. Transaction time is faster.
2. We can do international transactions.
3. Low fee
4. We can buy goods from abroad without having to swap with currency.
I like bitcoin because I don't have a problem when paying someone unlike banks that I need to go through the process of enrolling the account so that I can transfer instantly to that certain account. With bitcoin, I just need an address and then send directly to the person I intend to pay. Additional advantage is that I can transfer funds without transaction fee if we use the same platform of our wallet so no need to worry of high transaction fee. Since I don't have a credit card, it is hard for me to purchase something online and because of the bitcoin's popularity, there are more stores accepting it thus it is easier to purchase something.
Jump to: