Topic: The advantages of bitcoin - page 13. (Read 20534 times)
Bitcoin has alot of advantages. But, bitcoin can't make the number unemployed down. Bitcoin is just a currency.That is the decentralization and decentralization of property management. High security with worldwide exchange only with the internet. it is helping me to study using the real world stuff.
It is considered to be a form of investment that yields a high return if you know how. Free choice, free decision. Nobody obliges you to get into it, but BTC is a safe and cheap currency that helps in a business process, in particular in making transactions on a world wide scale with no fee at all. Newbies need to put some effort as it is not easy for them. However, huge profits are guaranteed that is why bitcoin is preferred over jobs. Bitcoins also provide security, anonymity and freedom of control.
I see a lot of people posting writing bad English. They don't even bother using a corrector and in some cases I cannot understand anything, so I'm surprised to see they have certain ranks.Finaly ragister an account this forum and try to posting or any comment .Never copy to other .you can earn bitcoin from trading. I hope anyone can choise any part earn bitcoin easily and reduce unemployment people.thanks
The advantage of bitcoin was the security of it. Bitcoin is so secured from the wicked hackers, scammers and theives so your money will be safe even if you save it many years ago.
There are different advantages of Bitcoin, one of it is its popularity. There's bo doubt that Bitcoin is really popular among the other coins. It is supported by many people worldwide thus it is getting powerful.
It can make you independent. It can increase man's out income.It can increase the country earning.so that the way to get it is also easily accessible and open to all walks of life and most importantly there must be a relationship of an internet connection.
It also reduce the increasing number of unemployed in some countries,It is not even the currency you need to earn now, but the investment that secured people can afford. It gives many opportunity to invest are money and make more profit. For me the advantages of bitcoin in addition to increase income as well as the right investment for a better future
The advantage of bitcoin was the security of it. Bitcoin is so secured from the wicked hackers, scammers and theives so your money will be safe even if you save it many years ago.
There are different advantages of Bitcoin, one of it is its popularity. There's bo doubt that Bitcoin is really popular among the other coins. It is supported by many people worldwide thus it is getting powerful. 
I strongly agree that bitcoin has many advantages. For me the advantages of bitcoin in addition to increase income as well as the right investment for a better future
that's true, aside from having a good future in bitcoin, it also makes life easier such as, settlement of bills payment, buying online stuff, sending money to your love one's. another thing is, all your earning in bitcoin doesn't have any tax, you can received your payment as is. bitcoin is also a good place for investment it gives you high profit in return in just a couple of months that's why lots of investor are now getting involved with bitcoin. that's are some of bitcoin advantages!
Bitcoin has bigger advantage over the stock market. It is much profitable because price fluctuate for small period of time. The amount of transaction is very low that is ideal for small investor and traders.
yes exactly. I think the same thing with you, the bitcoin gain distance is not too long. at the end of 2016 precisely in the November to December period, I think it is the best Bitcoin history to date. Where Bitcoin reaches 20,000 USD. and I look forward to returning to what the bitcoin surprises are.
Bitcoin and altcoins increases freelancing market capacity (social media, translation, blogging, ..). So yes, they help people to improve their income.
To many advantages if people will use bitcoin. Bitcoin can give people a big opportunity to have a job or to earn a lot of money. And it also gives people the knowledge about Economics and cryptocurrency. Another thing is that, bitcoin can be used as a payment for example for goods or services as long as the one that will use it have an internet access.
Bitcoin is anonymous and decentralized currency and this is the most popular benefits of bitcoin. I can also say about taxes and other stuff with transactions but everyone knows.
Firstly, bitcoin is decentralized. Secondly, bitcoin transactions are secure. Besides you can send and receive bitcoin anywhere at the world at any time. There are no taxes. Also you can earn it as extra money.
The advantage of bitcoin was the security of it. Bitcoin is so secured from the wicked hackers, scammers and theives so your money will be safe even if you save it many years ago.
The popularity of bitcoin and price is increasing day by day and it is because of its advantages. Firstly, bitcoin is a very good platform to earn money. There are diferent ways: mining, trading, investing. You can begin to earn it without any start capital. Secondly, its rather safe and keeps your money secure. Thirdly, it can be used anywhere in the world without the hassle of currency exchange.
The most important advantage for me is that if I consider it a long term investment than it will help me have more money
There are really many advantages of bitcoin. The most important advantages are:
1. It helps make money.
2. It helps to make money faster than any other source.
3. The price of bitcoin is reliable for trade. Price act like a roller coaster. Going ups and going down.
4. Bitcoin is reducing the number of unemployment.
5. Bitcoin is helping the economy.
But most of them, the strongest advantage is bitcoin helps us to make our own economy.
Those reasons are true because with bitcoin we can easily make another source of income and one of the best of ways is trading because since the market is fast in changing price then it will be easier for us to make money since we can just buy low sell high and we can learn how to do that by understanding technical analysis. 1. It helps make money.
2. It helps to make money faster than any other source.
3. The price of bitcoin is reliable for trade. Price act like a roller coaster. Going ups and going down.
4. Bitcoin is reducing the number of unemployment.
5. Bitcoin is helping the economy.
But most of them, the strongest advantage is bitcoin helps us to make our own economy.
The following are some of the major advantages of using Bitcoin versus other currency systems:
No Third-Party Seizure
Since there are multiple redundant copies of the transactions database, no one can seize bitcoins. The most someone can do is force the user, by other means, to send the the bitcoins to someone else. This means that governments can’t freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.
No Taxes
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. The only way to pay a tax would be, if someone voluntarily sends a percentage of the amount being sent as tax.
No Tracking
Unless users publicize their wallet addresses publicly, no one can trace transactions back to them. No one, other than the wallet owners, will know how many Bitcoins they have. Even if the wallet address was publicized, a new wallet address can be easily generated. This greatly increases privacy when compared to traditional currency systems, where third parties potentially have access to personal financial data.
No Transaction Costs
Sending and receiving Bitcoins requires users to keep the Bitcoin client running and connected to other nodes. Essentially, by using bitcoins users will be contributing to the network, and thus sharing the burden of authorizing transactions. Sharing this work greatly reduces transaction costs, and thus makes transaction costs negligible.
No Risk of “Charge-backs”
Once Bitcoins are sent, the transaction cannot be reversed. Since the ownership address of Bitcoins will be changed to the new owner, once it is changed, it is impossible to revert. Since only the new owner has the associated private key, only he/she can change ownership of the coins. This ensures that there is no risk involved when receiving Bitcoins.
Bitcoins Cannot be Stolen
Bitcoins’ ownership address can only be changed by the owner. No one can steal Bitcoins unless they have physical access to a user’s computer, and they send the bitcoins to their account. Unlike convential currency systems, where only a few authentication details are required to gain access to finances, this system requires physical access, which makes it much harder to steal.
You're good at it, and I appreciate the bitcoin-derived "blockchain" technique, but not so much about bitcoin itself, and Bitcoin's premise model itself has got a lot of controversy. Therefore, it can be said that the advantages of bitcoin are its characteristics and disadvantages. No Third-Party Seizure
Since there are multiple redundant copies of the transactions database, no one can seize bitcoins. The most someone can do is force the user, by other means, to send the the bitcoins to someone else. This means that governments can’t freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.
No Taxes
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. The only way to pay a tax would be, if someone voluntarily sends a percentage of the amount being sent as tax.
No Tracking
Unless users publicize their wallet addresses publicly, no one can trace transactions back to them. No one, other than the wallet owners, will know how many Bitcoins they have. Even if the wallet address was publicized, a new wallet address can be easily generated. This greatly increases privacy when compared to traditional currency systems, where third parties potentially have access to personal financial data.
No Transaction Costs
Sending and receiving Bitcoins requires users to keep the Bitcoin client running and connected to other nodes. Essentially, by using bitcoins users will be contributing to the network, and thus sharing the burden of authorizing transactions. Sharing this work greatly reduces transaction costs, and thus makes transaction costs negligible.
No Risk of “Charge-backs”
Once Bitcoins are sent, the transaction cannot be reversed. Since the ownership address of Bitcoins will be changed to the new owner, once it is changed, it is impossible to revert. Since only the new owner has the associated private key, only he/she can change ownership of the coins. This ensures that there is no risk involved when receiving Bitcoins.
Bitcoins Cannot be Stolen
Bitcoins’ ownership address can only be changed by the owner. No one can steal Bitcoins unless they have physical access to a user’s computer, and they send the bitcoins to their account. Unlike convential currency systems, where only a few authentication details are required to gain access to finances, this system requires physical access, which makes it much harder to steal.
There are really many advantages of bitcoin. The most important advantages are:
1. It helps make money.
2. It helps to make money faster than any other source.
3. The price of bitcoin is reliable for trade. Price act like a roller coaster. Going ups and going down.
4. Bitcoin is reducing the number of unemployment.
5. Bitcoin is helping the economy.
But most of them, the strongest advantage is bitcoin helps us to make our own economy.
1. It helps make money.
2. It helps to make money faster than any other source.
3. The price of bitcoin is reliable for trade. Price act like a roller coaster. Going ups and going down.
4. Bitcoin is reducing the number of unemployment.
5. Bitcoin is helping the economy.
But most of them, the strongest advantage is bitcoin helps us to make our own economy.
Bitcoin's system is very reliable. It's decentralized, the whole network to maintain the common POW form, in the elimination of the centralization of the ills, the maximum protection of their own. Any one complete QT wallet is a seed, even if hundreds of thousands of network nodes are closed, as long as there is still one, then bitcoin is likely to make a comeback.
Jump to: