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Topic: Major benefit of bitcoin? - page 5. (Read 2016 times)

hero member
Activity: 868
Merit: 535
January 04, 2018, 08:02:23 AM
Well, I can say because it is the pioneer of blockchain technology. Because of such, many have seen it as a potential not only with cryptocurrencies but with all others that require better data collection processes. Also, with Bitcoin, you have the best of both worlds in terms of value of money. I am pretty sure you are knowledgeable about the fact that it is the baseline of almost all cryptos when it comes to valuing their prices. It is safe to say Bitcoin is KING in this kind of business.
full member
Activity: 378
Merit: 100
January 04, 2018, 07:56:18 AM
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?




For me the major benefit of bitcoin is that helping others to have an extra income but for the teenagers it helps the teenager to earn money because for the teenager like me this is like a job or work. In bitcoin you can also send your money into your relatives anytime and anywhere by just knowing their wallet address.
member
Activity: 140
Merit: 10
January 04, 2018, 07:40:00 AM
In my opinion, Bitcoin's advantage is that it is a coin that facilitates online jobs for millions of people. Many people contribute to the maintenance of his family by making money by earning Bitcoin. Moreover, many countries have improved financially through bitcoin.
hero member
Activity: 679
Merit: 500
January 04, 2018, 07:39:09 AM
It is not about the price, but the ability to let a number exists permanently, and store it in many computers. No matter what happened, as long as there are different miners computing the Bitcoin blockchain, the number is always there, provided one has its private key. The number on blockchain will not just simply vanished from the earth, but some fiat currency certainly will.
I agree with this one. The major benefit or should I say advantage of bitcoin is that it is more established compared to other coins in the market. And even though it has been around for so many years, it still has a lot of potential for growth. Up until today, more and more people discover bitcoin and also more and more infrastructures are built around it which makes it still more competitive than other coins.
legendary
Activity: 2576
Merit: 1043
Need a Marketing Manager? |Telegram ID- @LT_Mouse
January 04, 2018, 07:15:07 AM
There are many benefits bitcoin has gave to us but for me the major benefit of bitcoin is that you can send your money into your relatives anytime, anywhere as long as you have internet connection.
hero member
Activity: 812
Merit: 500
January 04, 2018, 06:32:28 AM
Bitcoin is a very powerful crypto currency, which has several advantages. The main one is new opportunities. These are smart contracts, multi-signatures and other advancements for the convenience of business and users. Also lack of financial censorship. You can not forbid someone to transfer funds or from someone to receive them. Only you are the master of your money.
full member
Activity: 210
Merit: 100
January 03, 2018, 02:02:15 PM
Bitcoin (benefit) is really helpful here because you're making money every week for bitcoins you use. Cryptocurrencies are not legal tender currency and the trading of derivatives on Cryptocurrencies are currently not covered under any regulatory regime in Singapore. Consequently, investors should be aware they may not have the full protection offered by the Securities and Futures Act (Cap. 289).
full member
Activity: 187
Merit: 100
January 03, 2018, 01:30:13 PM
In my opinion, the major benefit and impact of bitcoin for me is, bitcoin is easy to send and receive on bitcoin wallet, i can pay my bills with this like, electric bill, mobile plan bills and even buying loads. Can have a profit thats why it helps me a lot when it comes to my financial problem. So i thank i knew and learned what bitcoin is.

The greatest major benefit for me is the global money transfers between pairs. I mean I can send bitcoin and the recipient get anything he want after I send the bitcoin to him. This is really attractive.
newbie
Activity: 13
Merit: 0
January 03, 2018, 01:25:49 PM
benefit felt by this bitcoin, very impact in economy, by know bitcoin we can make money, besides we also know how bitcoin work system.
hi and welcome to bitcoin Smiley

major benefits of bitcoins are:
1.Irreversible Transactions.
2.No Paperwork.
3.Appreciating Value
4.Quick and Cheap Transactions

thankyou Smiley
newbie
Activity: 42
Merit: 0
January 03, 2018, 12:57:06 PM
Easy transfer of money from one country to another without much time. Swift can take about 3 to 5 days, but bitcoins just an hour to 2 hours can let you transfer money to anybody.
full member
Activity: 532
Merit: 100
January 03, 2018, 12:52:08 PM
In my opinion, the major benefit and impact of bitcoin for me is, bitcoin is easy to send and receive on bitcoin wallet, i can pay my bills with this like, electric bill, mobile plan bills and even buying loads. Can have a profit thats why it helps me a lot when it comes to my financial problem. So i thank i knew and learned what bitcoin is.
newbie
Activity: 23
Merit: 0
January 03, 2018, 12:20:33 PM
Bitcoin is better than bank for safety and charges.bitcoin is easy to exchange.we can make transactions through the internet only.this decentralized currency, no need to depend on the government.
member
Activity: 723
Merit: 10
http://www.fintropy.io/
January 03, 2018, 12:15:04 PM
More and more benefit of bitcoin in real life easily transfer in many accounts and easy to carry in mobile laptop
jr. member
Activity: 280
Merit: 1
January 03, 2018, 08:38:02 AM
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?
                                                                                    your question bitcoin and alt why different crypto markets.there are many time bitcoin gets benefit for crypto market and altcoin is not more time value.so alt someday ago get up profit crypto market same the bitcoin.
jr. member
Activity: 280
Merit: 1
January 03, 2018, 08:21:15 AM
I know bitcoin is a major benefit of online money.there are many people earn online side and earn bitcoin.I agree major benefit of bitcoin.many others people no believe it.when there are believed it,than there benefit as soon as of bitcoin online money get profit them.
jr. member
Activity: 92
Merit: 2
January 03, 2018, 08:04:26 AM
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?

In my own opinion, Bitcoin is the best because of its value that is greater than any other cryptocurrency, Another thing is that, The growth is faster unlike to other altcoins that grows slower in the market and it really takes time for their coin to increase its value. Most of the investor are only interested because of the growth and positive speculation about the bitcoins.

Yeah, its growth is very rapid and also its dip. Bitcoin is the most volatile coin in the market. In some ways, these characteristics are very beneficial especially on those who are doing trading.
full member
Activity: 448
Merit: 100
Lets Go Adab
January 03, 2018, 08:01:54 AM
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?

In my own opinion, Bitcoin is the best because of its value that is greater than any other cryptocurrency, Another thing is that, The growth is faster unlike to other altcoins that grows slower in the market and it really takes time for their coin to increase its value. Most of the investor are only interested because of the growth and positive speculation about the bitcoins.
jr. member
Activity: 92
Merit: 2
January 03, 2018, 07:56:02 AM
If we are talking about the benefits bitcoin can give to our economy. I think bitcoin helps improve the economy of a country by giving more financially capable citizen. These citizen can somewhat improve the state of the economy.
member
Activity: 208
Merit: 10
January 03, 2018, 05:30:54 AM
benefit felt by this bitcoin, very impact in economy, by know bitcoin we can make money, besides we also know how bitcoin work system.
hero member
Activity: 672
Merit: 500
January 03, 2018, 04:32:24 AM
I think that bitcoin has many advantages. This and fast transfers around the world, and security, reliability. It also has an open technology in which Bitcoin source codes are open and available to anyone who wants to learn to make sure that the program performs only the declared functions and nothing more.
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