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Topic: Major benefit of bitcoin? - page 11. (Read 2019 times)

newbie
Activity: 5
Merit: 0
December 10, 2017, 11:35:00 AM
#95
benefit of btc from a different point of view bitcoins’ ownership address can only be changed by the owner. No one can steal btc unless they have physical access to a user’s computer, and they send the bitcoins to their account. I think this is the most important part.
full member
Activity: 196
Merit: 102
December 10, 2017, 11:34:22 AM
#94
I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?
Bitcoin allows you to send and receive payments very cheaply. Except for special cases such as micro-payments, no fees are applied. However it is recommended to pay higher voluntary fees for faster confirmation of your transactions and to hire people who operate the Bitcoin network.
newbie
Activity: 4
Merit: 0
December 10, 2017, 11:28:57 AM
#93
i think major benefit of btc that no third-party seizure since there are multiple redundant copies of the transactions database, no one can seize bitcoins.

did you mean that there is no way for a third party to intercept transactions of bitcoins, and therefore there is no viable way to implement a bitcoin taxation system. 

I think he wanted to say exactly this means that governments cannot freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.
member
Activity: 88
Merit: 10
Machine Learning & AI - Trustless Ledger System
December 10, 2017, 11:25:11 AM
#92
I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?
We can do a business here and it's good also for past time,that's the benefits to me of crypto.I think everything is here in crypto we only have the problem of it's volatile price,all you want like to earn and to learn is here you only need here is how to read because the key here in crypto is knowledge to earn bitcoin and also an altcoin

Right. You can actually make your life and even take care of the people that you are responsible for.
full member
Activity: 238
Merit: 100
December 10, 2017, 11:23:49 AM
#91
According to me major benefit of Bitcoin is the amount of profit it provide us when we invest in it .Bitcoin is the best investment asset that provide us huge profits within a short period of time .It is rising and it has a bright future ahead so it will always provide us with huge profits.
newbie
Activity: 5
Merit: 0
December 10, 2017, 11:22:12 AM
#90
i think major benefit of btc that no third-party seizure since there are multiple redundant copies of the transactions database, no one can seize bitcoins.

did you mean that there is no way for a third party to intercept transactions of bitcoins, and therefore there is no viable way to implement a bitcoin taxation system. 
it is important in terms of tax but i think than other important thing bitcoin is completely global and subject to few laws and restrictions from central or other banking institutions.
newbie
Activity: 6
Merit: 0
December 10, 2017, 11:11:45 AM
#89
i think major benefit of btc that no third-party seizure since there are multiple redundant copies of the transactions database, no one can seize bitcoins.
newbie
Activity: 5
Merit: 0
December 10, 2017, 11:05:08 AM
#88
i think that the value of Bitcoins were initially highly volatile during the first few years of it’s inception, however during the last 6 months the currency has stabilized and has been steadily increasing in value on a daily basis.
newbie
Activity: 5
Merit: 0
December 10, 2017, 11:01:42 AM
#87
i think there are many benefits  one of them no paperwork.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
December 10, 2017, 10:37:32 AM
#86
Major benefit of bitcoin huh? For me the money itself it provides. Why? Is there anything that bitcoin provide? Probably the way you share your idea and critical thinking skills. Leaving it aside, the money bitcoin provide is the very the common and highest benefit it provide, because bitcoin is definitely money. By the use of that money you can buy your wanted things, OOTD, food and even give you a bridge to finish studies. So, by that I close my case.
hero member
Activity: 2940
Merit: 613
Winding down.
December 10, 2017, 10:24:59 AM
#85
I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?

Well I think the major thing that a person may acquire in Bitcoin is having the profit as well as the freedom regarding all that you have gained here, without this two I think it is kinda hard for the Bitcoin to make its name spread and be known like what it what it was doin now.
Right.The major benefit a user can ever get from bitcoin is its capability of producing huge profits that will totally change a man's life from poverty turned into a wealthy individual.This has been proven through a lot of testimonies particularly those who are pioneers in bitcoin community.Of course this can only be possible from all of your hard works in bitcoin.
member
Activity: 140
Merit: 10
Blockchain Identity Verification
December 10, 2017, 10:13:15 AM
#84
I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?
The most important advantage of bitcoins is its decentralization and Blockchain technologies. Thanks to these technologies, many new altcoys are created and many new start-ups are developing our world.
member
Activity: 126
Merit: 10
December 10, 2017, 10:06:35 AM
#83
I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?

Well I think the major thing that a person may acquire in Bitcoin is having the profit as well as the freedom regarding all that you have gained here, without this two I think it is kinda hard for the Bitcoin to make its name spread and be known like what it what it was doin now.
member
Activity: 336
Merit: 10
December 10, 2017, 10:03:34 AM
#82
I believed bitcoin has many benefits, one of this is helping us to have an extra income. Even the unemployed or jobless can earn money through this bitcoin. It gives us an opportunity to become an investor and gain higher profit because bitcoin is steadily increasing in value on a daily basis.
member
Activity: 182
Merit: 10
December 10, 2017, 10:00:31 AM
#81
It can be considered as an assets for future
full member
Activity: 265
Merit: 102
December 10, 2017, 09:58:26 AM
#80
I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?
We can do a business here and it's good also for past time,that's the benefits to me of crypto.I think everything is here in crypto we only have the problem of it's volatile price,all you want like to earn and to learn is here you only need here is how to read because the key here in crypto is knowledge to earn bitcoin and also an altcoin
newbie
Activity: 46
Merit: 0
December 10, 2017, 09:48:26 AM
#79
we can invest our money in bitcoin because its value is Increasing day by day so the major advantage of bitcoin is we can earn money through bitcoin by investing in it .
full member
Activity: 308
Merit: 101
December 10, 2017, 09:37:33 AM
#78
I can answer my question by saying that bitcoin has what others don't and that's being the pioneer in the crypto markets. Which is why everything is priced in bitcoin But really....what does bitcoin do better that any other alt? What's the intrinsic value of bitcoin that I can't get with other alt? Transaction fees? No. Fast network? No. scalability? No. A functional product? No. Full anonymity? No. Descentralización? No. So? The markets are priced in bitcoin, and being that base of value is pretty important, but...is that it?
To me the main benefit that bitcoin gives me is the high income and I do not have to spend too much money, the financial benefit is what anyone would like to get so that for With my bitcoin just bringing me high income, I will always pursue and stick with it.
sr. member
Activity: 602
Merit: 252
December 10, 2017, 09:34:15 AM
#77
Bitcoin is completely beneficial. Starting from usage as a token, it is getting more and more accessibility in different ways. Bitcoin as a payment hasn't gained more acceptance around the globe. This is all because of the volatility, and the people will start to understand better about the same giving importance same as our regular currency.
full member
Activity: 269
Merit: 101
December 10, 2017, 09:30:29 AM
#76
Bitcoin has a lot of benefits over other investments like its a cryptocurrency which gives user anonymity.
There are less taxes or fees to bitcoin transactions as there is no central authority handling as a third party in the transactions, just  peer to peer transaction.
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