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Topic: The advantages of bitcoin - page 43. (Read 20553 times)

full member
Activity: 910
Merit: 100
elysian.finance
November 26, 2017, 09:37:31 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.
Indeed, bitcoin has many advantages, in addition to reducing unemployment and many people who are now helping their economy to be better than ever, and certainly many people do positive things, so many benefits and advantages of bitcoin.
full member
Activity: 224
Merit: 100
November 26, 2017, 09:08:45 AM
Bitcoin can easily transfer funds and pay debts or any bills without consuming so much of our time. And by this method you can also get a chance to earn discounts and freebies.It also gives us a chance to earn profits by proper way of holding and trading the coin and participating on different campaigns.
hero member
Activity: 812
Merit: 500
November 26, 2017, 08:51:10 AM
BTC is a safest way to invest your money nowadays, and you can always be sure that it will grow.
member
Activity: 294
Merit: 11
November 26, 2017, 08:47:14 AM
The advantages of bitcoin is its completely private and anonymous. Unlike in payments through bank, transactions can be identified and trucked, bitcoin transactions cannot be identified, and also it has a low/Minimal Fees, paying through bitcoin has low and sometimes it has no transaction fees at all, and also bitcoin transaction are very fast.
full member
Activity: 196
Merit: 102
November 26, 2017, 08:03:29 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.
Bitcoin has certain advantages over paper currency. Digital currency is immune to capital controls and other forms of restrictions typically imposed by governments and central banks on fiat currencies. At the same time, the limited supply of Bitcoin also offers the promise of a better value in the future
member
Activity: 64
Merit: 10
November 26, 2017, 07:49:15 AM
There are too many advantages of bitcoin. Number one is a best it is bitcoin reduce unimplemented.
Bitcoin transaction is faster n safe
member
Activity: 216
Merit: 10
November 26, 2017, 01:52:04 AM
There are too many advantages of bitcoin. Number one is a best it is bitcoin reduce unimplemented.
hero member
Activity: 1148
Merit: 504
November 26, 2017, 01:48:37 AM
Bitcoin is the modern era currency which has many advantages like it is the digital currency which is using for much online transaction. And the funds can be easily transfers in the world without any hurdles in the way of transfer while in the fiat currency system through banks if want to make a transfer you will fulfill many requirements.
I agree with you that bitcoin is the new or modern kind of currency or more likely to be called the shortcut for greatness of our money because with bitcoin we can do a lot of transaction without worrying too much about the fees and the time for making a complete a transaction. If you want to save a lot of money and time then bitcoin will be the best choice but as of now it is not that mainstream so it is a great opportunity for us to grab while it is not mainstream.
It's not the primary currency, but it can becomes the primary currency in future, do you think that? For me, Bitcoin and blockchain technology are needed to help the world grow more. There are many problems about how to protect data safest. But with blockchain, all problems can solve easily.
how will it be a currency used to make transactions and shop if the confirmation time is very long? fee or transaction fee is very expensive? naturally anyone is reluctant to use bitcoin as currency because of that, of course they will choose fiat for their  primary currencies, this will be an obstacle for bitcoin itself as the currency that is expected to have a bright future by everyone,,
hero member
Activity: 2590
Merit: 644
November 26, 2017, 12:57:53 AM
Bitcoin is the modern era currency which has many advantages like it is the digital currency which is using for much online transaction. And the funds can be easily transfers in the world without any hurdles in the way of transfer while in the fiat currency system through banks if want to make a transfer you will fulfill many requirements.
I agree with you that bitcoin is the new or modern kind of currency or more likely to be called the shortcut for greatness of our money because with bitcoin we can do a lot of transaction without worrying too much about the fees and the time for making a complete a transaction. If you want to save a lot of money and time then bitcoin will be the best choice but as of now it is not that mainstream so it is a great opportunity for us to grab while it is not mainstream.
It's not the primary currency, but it can becomes the primary currency in future, do you think that? For me, Bitcoin and blockchain technology are needed to help the world grow more. There are many problems about how to protect data safest. But with blockchain, all problems can solve easily.
Bitcoin will not become a primary currency because the government will still insist for the people to just use currencies like fiat and other type of it rather than using bitcoin because bitcoin is volatile and it may have a lot of changes on its price that will trigger the people to go into chaotic situation so it is really better to just think that bitcoin will not go even further than being a primary currency.
newbie
Activity: 42
Merit: 0
November 25, 2017, 06:29:48 PM
Bitcoin has many advantages. The following are some of the advantages of bitcoins;
1. Bitcoin transactions are faster and easier. Transactions are instant and offers real time feedbacks.
2. Bitcoins are safer and secured as compared to other forms of investments. Unlike credit cards which can be hacked and used by third parties, bitcoin can't be hacked.
3. Bitcoin transaction costs are lower as compared to other transaction charges like Paypal etc.
4. Bitcoin offers the convenience of making transactions anywhere anytime without going to the bank. There are no boundaries in using bitcoins. No worries about bank closures.
5. Bitcoin transactions are non taxable. This makes its sustainability and usage high and makes it highly patronised.
These are some of the advantages of bitcoins
legendary
Activity: 1008
Merit: 1000
November 25, 2017, 05:17:39 PM
Bitcoin is the modern era currency which has many advantages like it is the digital currency which is using for much online transaction. And the funds can be easily transfers in the world without any hurdles in the way of transfer while in the fiat currency system through banks if want to make a transfer you will fulfill many requirements.
I agree with you that bitcoin is the new or modern kind of currency or more likely to be called the shortcut for greatness of our money because with bitcoin we can do a lot of transaction without worrying too much about the fees and the time for making a complete a transaction. If you want to save a lot of money and time then bitcoin will be the best choice but as of now it is not that mainstream so it is a great opportunity for us to grab while it is not mainstream.
It's not the primary currency, but it can becomes the primary currency in future, do you think that? For me, Bitcoin and blockchain technology are needed to help the world grow more. There are many problems about how to protect data safest. But with blockchain, all problems can solve easily.
newbie
Activity: 21
Merit: 0
November 25, 2017, 12:53:20 PM
Bitcoin is new era of currency and good investment.bitcoin is good option to earning the money like mining,trading and bitcoin forum.
sr. member
Activity: 415
Merit: 250
November 25, 2017, 12:51:09 PM
There's many advantage of bitcoin,  But the most i like its transaction fee. The fee is to much low as compare to other services like PayPal,Skirlls.etc.  Also as the price isn't fix so its price keeps increasing and increasing. Its easy to earn it if you are a trader plus there's a lot ways to gain it which you can find on youtube easily.
hero member
Activity: 2590
Merit: 644
November 25, 2017, 01:02:10 AM
Bitcoin is the modern era currency which has many advantages like it is the digital currency which is using for much online transaction. And the funds can be easily transfers in the world without any hurdles in the way of transfer while in the fiat currency system through banks if want to make a transfer you will fulfill many requirements.
I agree with you that bitcoin is the new or modern kind of currency or more likely to be called the shortcut for greatness of our money because with bitcoin we can do a lot of transaction without worrying too much about the fees and the time for making a complete a transaction. If you want to save a lot of money and time then bitcoin will be the best choice but as of now it is not that mainstream so it is a great opportunity for us to grab while it is not mainstream.
member
Activity: 336
Merit: 10
November 25, 2017, 12:03:57 AM
The advantage of bitcoin has no taxes and no transaction cost which users will be contributing to the network and sharing the burden of authorizing transactions. Also bitcoins cannot be stolen unless they have physical access to a user's computer.
full member
Activity: 364
Merit: 100
November 24, 2017, 11:32:25 PM
Bitcoin is the modern era currency which has many advantages like it is the digital currency which is using for much online transaction. And the funds can be easily transfers in the world without any hurdles in the way of transfer while in the fiat currency system through banks if want to make a transfer you will fulfill many requirements.
hero member
Activity: 1638
Merit: 505
November 24, 2017, 11:29:31 PM
The biggest advantage of bitcoin is to be the most profitable investment hope, I make bitcoin just to get profit and get rich someday. besides profit, of course the use of bitcoin easier than transfer banks.
indeed the future that everyone expected bitcoin will become a financial revolute with the creation of our convenience and friendly for the transfer fee. this can shift conventional banks
member
Activity: 307
Merit: 10
November 24, 2017, 11:15:42 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.

There is so many advatages of bitcoin in the world. Many things can do with bitcoin like in transaction if you want to pay something you can easily pay it and it have NO TAX. Yes it is true! Bitcoin is tax free, I think that is one of the reason why SOME government don't want bitcoin in their country because they need taxes for their funds in their project or activity for they cities or places.
sr. member
Activity: 1358
Merit: 253
November 24, 2017, 11:03:31 PM
The biggest advantage of bitcoin is to be the most profitable investment hope, I make bitcoin just to get profit and get rich someday. besides profit, of course the use of bitcoin easier than transfer banks.
member
Activity: 319
Merit: 11
November 24, 2017, 10:29:08 PM
Some of the main advantage of Bitcoin is the "No Third-Party Interruptions" we all know the government and banks power to limit or even freeze your banks account.
Bitcoin System is Peer to peer which gives us the freedom we want, purchases not taxed and most importantly is the anonymity of transaction.
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