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Topic: The advantages of bitcoin - page 15. (Read 2206 times)

newbie
Activity: 224
Merit: 0
April 25, 2018, 06:35:56 PM
The biggest advantage of BTC is that they fluctuate in price, because the price of BTC fluctuates frequently so we can earn high profits and only in short time. So focus on investing in BTC and grasp market trends. So you will soon earn money from the Crypto market.
member
Activity: 238
Merit: 10
April 25, 2018, 06:26:23 PM
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
I agree with you, and it helps a lot of people who do not have a job and they find earnings when they learned how to worked on bitcoin.
sr. member
Activity: 686
Merit: 260
April 25, 2018, 06:21:18 PM
First and foremost, what makes bitcoin as an advantage is that, it is the pioneer among all bitcoins. Starting in 2009, it was able to make noise and rumors to many people that made it as a big name now in the cryptocurrency industry. Then follows its convenience, its legitimacy despite that it is not legal to many countries. Bitcoin has low fees as well. Regardless of the place where you are located and the, you can just easily transact with it. Despite of it's volatility, bitcoin remains to be on top as to its high value in the market. Bitcoin has established a brand when it comes to cryptocurrency- most known among all of them, and with that, bitcoin is the number one!
member
Activity: 252
Merit: 12
April 25, 2018, 06:11:44 PM
Bitcoin is decentralized and not controlled by any central bank or government that makes all the difference.Transaction is fast and trackable with the blockchain which can help to even fight corruption if public officials should start using bitcoin for official public office transactions.Bitcoin can actaully help to eliminate corruption in the world I really hope and wait for the day bitcoin will be accepted worldwide.
member
Activity: 392
Merit: 10
send and receive money instantly, with no hidden c
April 25, 2018, 06:11:06 PM
One of the biggest advantages of bitcoin is that people can earn money working from home.
It also gives an opportunity for jobless people not to get lost in this world and to be able to live a good life.
And because of bitcoin we can have financial freedom.
If we know the opportunities, Bitcoin can give us a very good source of income. The Bitcoin market is always open to the genius but it should not be too greedy, if it is profitable to sell and invest safely.
member
Activity: 336
Merit: 10
April 25, 2018, 06:04:34 PM
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.

Bitcoins is really good for long term investment because of the people who are investing a huge amount daily that makes the volume of the market to increase even more and the motivation that the price will increase even more in the future and everyone will get rich.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
April 25, 2018, 06:00:35 PM
Maybe bitcoin has some advantages, but only a few that I know as no one controls when we transact and again from bitcoin we can get income as well, bitcoin not only currency but also can be used as income.

Bitcoin has numerous advantages over fiat currency, despite that it has many inherent flaws within it. While fiat is centralized and can be easily manipulated, Bitcoin is decentralized and provides freedom to anyone using it. Bitcoin allows any individual regardless of its economic status, social influence, race, gender, or other factors to participate in its ecosystem. As such, Bitcoin and other cryptocurrencies have a greater level of accessibility than traditional fiat currencies we know and love today.

If we compare Bitcoin's advantages versus its disadvantages, we'll notice that its advantages are greater. Therefore, in the end, Bitcoin will grow bigger and stronger than ever before with issues reduced to a minimum. Only time will tell whenever existing monetary systems will co-exist with Bitcoin or not. Just my opinion Smiley
newbie
Activity: 322
Merit: 0
April 25, 2018, 04:38:39 PM
One of the biggest advantages of bitcoin is that people can earn money working from home.
It also gives an opportunity for jobless people not to get lost in this world and to be able to live a good life.
And because of bitcoin we can have financial freedom.
member
Activity: 238
Merit: 10
April 25, 2018, 03:19:44 PM
There are many advantages of Bitcoin. in bitcoin you just have to invest or post to earn money. bitcoin can provide big gain and as we know, bitcoin give gain more than 10x last year. Can make 3x in the coming years
member
Activity: 336
Merit: 10
April 25, 2018, 03:11:10 PM
When come to the advantage of bitcoin than it will be the long list, in volatile market it’s a trust coin among all coin. Its gives feel to secure and able to connect with large community what helps me very much to hold the coin. Its easiest and fasted coin that never disappointed me when I need to transact. I am job holder so I take it part-time job. Its helps as the alternative way of earning. It’s one of the main advantage is make money. It has the huge facility of getting huge money.
If I think it alternative way to use than its allow me to transact with low price. Its also allow me where master or visa card are not available so much. So it’s my first and last choose. Thanks for tremendous Question.   
jr. member
Activity: 180
Merit: 9
April 25, 2018, 03:02:12 PM
 I see the potential of bitcoin. I see its advantages over fiat currency. It's the best of all the digital coins. It's decentralized. And there is really a future for bitcoin. More and more people are being aware of this. Bitcoin can be used as a tool for the future, or for the tool of transcation. The use of bitcoin can build it into valuable goods and asset capital to create new business with large capital. We found bitcoin as asecure and easy for use. Faster transaction is being delivered by bitcoin. And there are lots of benefits for using this so a lot of people is engaging to use bitcoin. In a few year's time, we will become more popular. Bitcoin is all the best.
newbie
Activity: 110
Merit: 0
April 25, 2018, 02:27:48 PM
I like transparent bitcoin excess, bitcoin helps us to be effective and efficient in the transaction. We can make transactions of our coins with anyone we do not know and with anyone who is far away from us quickly and easily. With its transparent system, we do not have to be afraid to get scammed. Although here we do not need the identity of the second party but all that is here believe that the transaction we do will be safe, because bitcoin is equipped with decentralized security. But to note here is that we must be really careful if will make money transfer, make sure the wallet is correct because if wrong, we will not be able to pull our coins back.
member
Activity: 308
Merit: 10
April 25, 2018, 01:44:20 PM
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.

Well defined, Bitcoin has plenty of benefits, Bitcoin reduces our unemployment rate and when we are sending remittances to remote areas, it is a cheap bill compared to normal transit bill.Here you can hide your identity and deal with it.Hope Bitcoin will make our lives more easier.
member
Activity: 291
Merit: 10
April 25, 2018, 01:17:03 PM
For me, one of the most obvious advantages of bitcoin is that it can give a freedom of self-employment, and you are not forced to go on a job
full member
Activity: 294
Merit: 100
April 25, 2018, 01:00:50 PM
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
I've been using bitcoin a lot lately because I can see its potential on making me rich someday. The ease of transactions too attracted me to go give it a try wherein you can transact anywhere anytime as long as you have a good internet connection. Many people has already experience success because of bitcoin and if you want to be one of them also, you should start buying and investing now or else you'll regret it.
full member
Activity: 377
Merit: 100
MenaPay - Crypto made easier than cash
April 25, 2018, 12:58:46 PM
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.
Aside from all of that, bitcoin has a lot more in plate for us. We may see it as a simple currency but the real thing is that it can change the whole world in the future. Convience, employment and innovation, all of that can be experienced with the help of bitcoin. If there are some people who are close to your heart right now that is clueless about bitcoin, you should tell them to use and invest on it as soon as you can for their own good.
newbie
Activity: 275
Merit: 0
April 25, 2018, 12:49:39 PM
Freedom of payment - any amount of money can be paid and received instantly and anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.

Very low fees - there is no handling charge or very little handling fee for the current payment of bitcoin. The user can include the handling fee in the transaction to obtain processing priority and receive the transaction confirmation from the network faster. In addition, there are merchant processors that help merchants deal with transactions, convert bitcoin into legal tender daily and deposit funds directly into merchants' bank accounts. Because these services are based on bitcoins, they can provide a much lower fee than PayPal or credit card networks.

Reduce the risk of merchants - bitcoin transactions are safe, irrevocable, and do not contain customer sensitivity or personal information. This avoids the loss caused by fraud or fraudulent withdrawal, and there is no need to comply with PCI standards. In places where credit CARDS cannot be used or fraud rates are too high, businesses can easily expand new markets. The net result is lower costs, bigger markets, and less administrative costs.

Security and control - bitcoin users are completely in control of their transactions; Businesses cannot force fees that may or may not be found in other payment methods. Paying with bitcoin doesn't have to be tied to personal information in transactions, which provides great protection against identity theft. Bitcoin users can also protect their money by backing up and encrypting it.

Transparency and neutrality - all information about the money supply itself is stored in a block chain, and anyone can check and use it in real time. No individual or organization can control or manipulate the bitcoin protocol because it is password protected. This makes bitcoin's core believed to be completely neutral, transparent and predictable.

Bitcoin has many advantages in many ways. Apart from being a safe transaction, bitcoin is an easy way to make a profit, and from the benefits I get from bitcoin I can use to help my family's economy.
newbie
Activity: 217
Merit: 0
April 25, 2018, 11:51:53 AM
Bitcoin is the first crypto currency originated in the year 2009.It has the specific characteristics which are useful to the human being to their daily life. It is a decentralized one so there is not any government control over it, and maintains the anonymity. All transactions are recorded in an electronic ledger with block chain technology. By knowing  the properties of bitcoin more people are attracted to it for the day trading and investment .It can be usable for the domestic service bill payment and local shopping and for the international shopping as well .Also bitcoin can eradicate the unemployment problems of the educated mass in the world.
hero member
Activity: 1092
Merit: 500
April 25, 2018, 11:13:39 AM
There are lot of advantages that Bitcoin has actually, one of this are its decentralization none of the government cannot control it, then the volatility it has, due to through this you can earn or produce money in doing trade in Bitcoin, then you send anywhere in the world in any currency then you can save bitcoin more than a bank.
sr. member
Activity: 539
Merit: 255
April 25, 2018, 08:31:31 AM
honestly very much the advantage when you have bitcoin, one of them with bitcoin trading in altcoin you can grow the assets you have so you can become rich from trading profits.
Bitcoin has incredibly low transaction fees – in fact sometimes they are even free.Timing is also important, a cheque can take ages, a money transfer across borders too can take a long time too, but Bitcoin can generally be confirmed within ten minutes.
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