The advantages of bitcoin - page 58.

Joyawan13

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elysian.finance

Quote from: suryati on August 22, 2017, 08:33:52 AM

Yes it's true that's one of the advantages bitcoin, I think there are still many advantages provided by bitcoin like young children can learn to make their own money so more independent not a few of them can produce more than people who work office. For like me, just a housewife can earn extra by simply online from home without having to leave child and home. Grin

It is true that bitcoin has many benefits, and even you as a housewife can benefit from bitcoin, and unknowingly it can help the needs of the household and you can take good care of the child at home, and of course can improve the quality of the family economy so even better.

iamKiko218

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There are many advantages of bitcoin and first of all is its being decentralized. Other advantages of Bitcoin are fast and cheap transactions, anonymity, used as payment mode online in any part of the world, used globally, financial assistance, gives a person an extra salary aside from his daily job, it gives a person some source of income while at home, and bitcoin's increasing price oftentimes.

youarehere

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i think the advantage of bitcoin is you dont need actual cash to carry it all the time

ice098

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Quote from: bhabygrim on November 03, 2017, 03:12:03 PM

Quote from: Joshua101101 on August 22, 2017, 06:29:48 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 a lot of advantages. It is one way of securing and investing our earnings. Nowadays, it is helping unemployed citizens to sustain their financial needs. This cryptocurrency has been helping a lot of people in terms of making money. I believe that it will be our future currency.

Theres a lot advantages bitcoin had. Like bitcoin is now can transfer a money, people can send bitcoins to each other using mobile apps or their computers. It’s similar to sending cash digitally. Though each bitcoin transaction is recorded in a public log, names of buyers and sellers are never revealed only their wallet IDs. While that keeps bitcoin users’ transactions private, it also lets them buy or sell anything without easily tracing it back to them. And this is the oneof the adventages of bitcoin and theres a lot more.

Sohailul

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Quote from: YGM on August 22, 2017, 08:11:37 AM

Bitcoin have advantage like It is decentralized crypto currency, Easy to use and it is safe and secure unless we dont take proper security. No transaction cost or any other extra charges in exchange and Is fast having no limit for amount of money to transfer. It gives many opportunity to invest are money and make more profit.

Guy you are right, because bitcoin have many advatages. Even now bitcoin is rapidly increasing. On the other hand many people getting more profitable.

jamirrah

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Bitcoin itself (as a digital currency) dont help people make money but its the opportunity to earn that helps. Yet in order to take advantage that bitcoin can offer to lots of people a person must understand what this bitcoin and as well as other cryptocurrency investments are working.

AbyssLagiaz

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Using bitcoin will really help you a lot in trading online, without any strict requirements regarding your verification, you can make transactions online that accepts bitcoin payment. However I don't think a lot of business has that kind of option yet.

mriansa

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Quote from: Loope on August 22, 2017, 06:25:19 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.

excess bitcoin is a bitcoin can transact in general and very open without any hidden, bitcoin can be a place of wealth storage and can multiply assets of property, bitcoin can be received anywhere and easy to take it as payment.

ParveZ219

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Disadvantages are there-
1. Needs internet...thats a limitation
2. Many people dont have idea of bitcoin...how they can accept the currency then?
3. Price of bitcoins are changing too fast

Etc etc

AltCoinProject

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In the beginning there was advantages of BitCoin like as anonymity, decentralization but in time it begin to dissappear slowly.

IYAH

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Quote from: Loope on August 22, 2017, 06:25:19 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.

it increase individual income and provide the need of someone..

krism

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The advantages of bitcoin is we can work without the envestment we can produce money by working with bitcoin.we are open minded about this so that we can share to others about the bitcoin on how to earn money without payment.

phelbaby

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Bitcoin is an asset,it is a true financial freedom.it provide users with both transparency and privacy.

Osarman

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Quote from: Ekanenf on November 01, 2017, 10:23:24 AM

Quote from: DrYe5 on November 01, 2017, 10:14:29 AM

Quote from: ramayor on November 01, 2017, 10:09:47 AM

The biggest advantage of bitcoin for me is that it creates a completely transparent trading system. The wallet address is the one that links the transaction. Good thing is that there is no name or physical location attached to the address itself. Since not everyone (consumer) wants to see his or her financial/personal details broadcasted on a public ledger for anyone to see. Another advantage is through bitcoin, you can have quick and cheap transactions compared to conventional method of transacting money.

The biggest advantage of Bitcoin is the possibility of getting a little money and a little work. Just have a little patience and commitment and you can really make a living. I would recommend Bitcoin to anyone for this reason.

I don't really see that as a big advantage for bitcoin on other things since you can earn money and a stable income when having a job. I guess that he is correct about the biggest advantage of bitcoin which is anonymity of each transaction but somehow it one of the biggest disadvantage of bitcoin since it's being used too on stuff like a way to pay people for wrong deeds and illegal stuffs so that they're info would be anonymous.

Well its not a disadvantage, why we all are blaming bitcoin for our own mentality, it is providing us an ease so why are we using it negatively. Personally I think there is nothing bad about bitcoin , all what bad is our mental makeup so better is to stop calling this quality a disadvantage. We should educate our views and mind i think.

chadtn

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If to speak more widely the advantage is bitcoin itself. All of the above features are good, that's for sure. And now we are in the cryptoworld, where we can discuss and use all these things. And that is great.

Delarock

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Bitcoin has many advantages.For example by selling bitcoin you can earn money, so you don't need to depend on others for money. Also it helps to manage your family need.Without financial advantages bitcoin will help you to learn English language which is the international language.

butrsukumpanumet

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Quote from: Letlovein on November 03, 2017, 03:20:08 PM

Bitcoin has a small risk sensitivity.

You think Bitcoin has a small risk for real ? So how many people are losing their money in Bitcoin? And how the whales and sharks are making money from stupid traders ?

sayemcse

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these are the Advantage of BTC

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 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 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 be sharing the burden of authorizing transactions. Sharing this work greatly reduces transaction costs, and thus makes transaction costs negligible.

No Risk of “Charge-backs”

Bitcoins Cannot be Stolen

Letlovein

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Bitcoin has a small risk sensitivity.

bhabygrim

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Best Bitcoin Casino www.coinsaga.com

Quote from: Joshua101101 on August 22, 2017, 06:29:48 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 a lot of advantages. It is one way of securing and investing our earnings. Nowadays, it is helping unemployed citizens to sustain their financial needs. This cryptocurrency has been helping a lot of people in terms of making money. I believe that it will be our future currency.

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