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Topic: The advantages of bitcoin - page 15. (Read 20534 times)

newbie
Activity: 84
Merit: 0
February 01, 2018, 03:33:29 AM
- you can send money abroad without banks
- big profit for investment
member
Activity: 154
Merit: 10
January 31, 2018, 02:58:50 PM
I don't get why people stress so much paying taxes....since bitcoin is descentralized, I don't see how government can catch you if you own some coins (any of them) and tax them. You don't go with your bitcoin address to the IRS telling them you own. The issue begins when exchanges start sharing kyc data, until then enjoy your coins and don't pay a damn tax.
hero member
Activity: 840
Merit: 500
Borderless for People, Frictionless for Banks
January 31, 2018, 02:45:22 PM
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Bitcoin has a lot advantages compare to other crypto currency. Bitcoin is decentralized system and It is one of the reason why bitcoin is popular. We are the one who increase and decrease the value of bitcoin. The price of the bitcoin depends on the demand of the users of bitcoin. Bitcoin is anonymous and it is used to transact with different peoples or persons and keeps your identity protected. Bitcoin is the most popular digital currency and it is the most expensive of them all. Bitcoin can change the life of its user. It can be a good or a bad effect. 
If you are calling Bitcoin changed the life of its user, I can not negate your idea.
But, the fact, we are the owner, so, I think we are also the factor helped our life changed and Bitcoin is simple a tool to help our journey be smooth and better.
sr. member
Activity: 590
Merit: 258
January 30, 2018, 02:07:04 PM
There are a lot of bitcoin advatages! First and foremost, it is paperless so you don't have to worry about going out bringing bitcoin with you.
Second, a loy of sites offering free bitcoins by doing a task. You just have to be patient specially in mining free bitcoins. Lastly, bitcoin is a good investment. You can double or tripple your money thru trading.
member
Activity: 98
Merit: 13
January 27, 2018, 03:15:53 PM
This is the first crypto currency and people will rely on it. I don't know even there are some coins that has better feature, many are still depending on bitcoin. Also an advantage of bitcoin  is that many whales are backing bitcoin. When we see the price increases, many whales are buying some more.
newbie
Activity: 308
Merit: 0
January 27, 2018, 03:08:51 PM
advantage of bitcoin we can shipping for bitcoin!
and have facilities!
newbie
Activity: 71
Merit: 0
January 27, 2018, 02:38:23 PM
The advantages of bitcoin it was the most people who work hard to get they benefits in bitcoin. They can earn money easily, they work hard for the salaries.
jr. member
Activity: 47
Merit: 1
January 27, 2018, 02:30:56 PM
Bitcoin is a decentralized digital currency without a third party therefore trust is associated with bitcoin and the ability to use it anonymously is also an advantage
newbie
Activity: 25
Merit: 0
January 27, 2018, 02:28:59 PM
For me the advantage of Bitcoin is the another way of payment and you can socialize in bitcoin through a disscussion. Second is you can expect that bitcoin can sustain your financial needs and maybe you can add your wants in it. And lastly Bitcoin is pretty much everything here in our generation because gadget is all over the world
jr. member
Activity: 110
Merit: 5
January 27, 2018, 02:27:07 PM
Bitcoin has many advantages. The most important advantages are bitcoin help us to earn some easy money. We don't have to do anything. We just buy bitcoin and hold up onto them. When the price is good, we are having a good profit, we just sell them. Just doing this thing some people are earning good money.
jr. member
Activity: 51
Merit: 3
January 27, 2018, 02:20:35 PM
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.
Bitcoin has a lot advantages compare to other crypto currency. Bitcoin is decentralized system and It is one of the reason why bitcoin is popular. We are the one who increase and decrease the value of bitcoin. The price of the bitcoin depends on the demand of the users of bitcoin. Bitcoin is anonymous and it is used to transact with different peoples or persons and keeps your identity protected. Bitcoin is the most popular digital currency and it is the most expensive of them all. Bitcoin can change the life of its user. It can be a good or a bad effect. 
member
Activity: 364
Merit: 10
January 27, 2018, 02:04:09 PM
Bitcoin has many advantages. People are getting income from bitcoin, job opportunities are being provided and people's quality of life is improving, people are getting knowledge of technology.
full member
Activity: 348
Merit: 100
January 27, 2018, 11:11:38 AM
         Bitcoin is a decentralized  digital currency  we are free to send transaction all over the world without much delay and the fees are  nominal .In times of calamities and disaster we can send aid for those who are in need as soon as possible without any obstacles.Bitcoin is an online process that is done only with the help of internet.Bitcoin is volatile and flexible the personal identity of the person is not revealed.These are the advantages of Bitcoin to me.
full member
Activity: 582
Merit: 101
January 27, 2018, 10:56:09 AM
the advantage of bitcoin is obvious especially for every user ..
how many people are now rushing to learn and keep on about bitcoin. because they've seen and watched if bitcoin produces and benefits .
full member
Activity: 345
Merit: 100
January 27, 2018, 10:53:06 AM
For me, Bitcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of bitcoin.

Yes, it is true that bitcoin have many advantages. From that, it almost cover up the scars of its flaws or disadvantages. But mine is not really an electronical or any disfunction of bitcoin but by the disadvantage brought and chosen by the user. It is the failure in managing their time. Even though in bitcoin we are to hold our time, some could notmanage to do so and just loose this opportunities away.
full member
Activity: 1190
Merit: 100
January 27, 2018, 10:50:17 AM
Bitcoin helps to make money, but he does not reduce the number of unemployed. It is not even the currency you need to earn now, but the investment that secured people can afford.
the advantage of bitcoin never be explained in a single word. every sphere of ours life fully influence by bitcoin. daily travel agencies, marketing authority, food stall all are accepted bitcoin as the legal payment.so i think bitcoin is real king.
copper member
Activity: 83
Merit: 10
January 27, 2018, 10:45:57 AM
Bitcoin has a number of mentionable advantages. It is a decentralized currency, it uses block chain technology; the sophisticated state of art technology, it getting more popularity day by day and ciculation of bitcoin is limited that will certainly enhance its value.
jr. member
Activity: 45
Merit: 2
January 27, 2018, 10:35:21 AM
It is undeniable that bitcoin has lots of advantages. Source of income is one of those, primarily. People engaged in bitcoin or other digital currency will be able to earn money without the need of leaving their homes. With that comes the idea that, once they have been paid, they will be able to use that money for their necessity and at some point, their demands.

Next advantage is the knowledge about crypto world. People will have the grasp to the concept of digital currency, that there is another way of earning and saving money.

Another is that it is decentralized. It is not controlled by anyone especially, not the government.

Through bitcoin, online transactions are fast and done without hassle. Unemployment rate may be reduced.

Bitcoin users want to create high quality posts. Hence, they push themselves to be better when in comes to expressing their ideas in English. And over time, they may find themselves more fluent than before.


Only the user will have the authority and control on his/her money or financial needs. So, security is another great advantage.
jr. member
Activity: 98
Merit: 3
January 27, 2018, 10:29:43 AM
Bitcoin have lots of advantages over any other. It is more convenient and easier to use for people. It offers the anonymity of the users in here. There is no need of a middleman or intermediary. Hence, it allows the users to transact directly with each other without the transactions being known by others or it can not be tracked. There is no third party interruption. Also, purchases are not taxed. The transactions fee are very low and the transactions can be through mobile payments.
member
Activity: 252
Merit: 10
January 27, 2018, 10:21:42 AM
The best advantage of bitcoin is it was a good investment where there is an opportunity to a big amount due to increase price in the market. Second is that as time pass by, it become more stable compare to other coins.
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