What are the advantages of having Bitcoin? - page 42.

radjie

sr. member

Activity: 1792

Merit: 264

Quote from: CoPil on November 13, 2017, 10:33:26 PM

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? Roll Eyes

other than that profit bitcoin, of course many advantages of bitcoin that we can enjoy and feel. in addition to the benefits of money that we can use to transact other benefits we can also feel that we get a broader knowledge about the condition of the economy in this world and many more positive benefits that we can feel
hopefully you can experience the abundant benefits of bitcoin Wink

odranoel

member

Activity: 602

Merit: 10

For me one of the advantage of having a bitcoin is to have you an extra income that you are waiting for not just only an extra income but a one time bigtime income if you have a determination

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: MetalGear on December 27, 2017, 10:04:03 AM

Quote from: CoPil on November 13, 2017, 10:33:26 PM

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? Roll Eyes

The real advantages of bitcoin is it is good investment where you could earn and make high income and money. On the other hand, we all know that bitcoin is a virtual currency where you can used in different transactions like paying bills and shopping on online market.

Bitcoin being transactional use is currently being overlooked right now. With the high fees, many alts arr much better to use for transaction. Its really the value in profit that makes bitcoin appeal so much and worth keeping.

MetalGear

sr. member

Activity: 714

Merit: 250

Quote from: CoPil on November 13, 2017, 10:33:26 PM

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? Roll Eyes

The real advantages of bitcoin is it is good investment where you could earn and make high income and money. On the other hand, we all know that bitcoin is a virtual currency where you can used in different transactions like paying bills and shopping on online market.

JohnBitCo

sr. member

Activity: 2030

Merit: 356

There's many advantage of having bitcoins like you can increase your money by doing little investment . I my self did invest of 100$ last month i bought some coins with it and hold them, and now the price become double i was just patience and got the reward. You can also use them to pay your electric bills, sending money to other countries , buy goods online easily and many more things we can do with bitcoins.

Snub

hero member

Activity: 812

Merit: 500

As for me the best advantage that BTC gives to me is security
Anything can happen? but I will always know that my BTC are safe

ManaMan

member

Activity: 238

Merit: 38

Quote from: Good tbc on December 25, 2017, 07:19:18 AM

The advantages of having Bitcoin includes investing in bitcoin , trading, online payments with bitcoins and others advantages.

Please be more specific would you? Bitcoin is not the only thing where you could invest your money in nor it is the most profitable one - it can be. Trading what about stocks and bounds? There are many online payment wallets that provide you with service to send/receive money online plus you can do it via bank transfer which is pretty fast on its own....

Personally for me what I like about cryptocurrency in general is that I don't need to go to the bank hand them my information and when I have some problem I need to go to the bank to solve it. By using bitcoin and other crypto coins it give me more options as I can generate new pair of keys within few seconds when and where I want and its like instant. There are flaws however as it is easier to lose crypto coins or if you send to wrong address you are screwed, in case of your private key being compromised there's nothing much I can do to reverse the transaction etc.

warwar

hero member

Activity: 798

Merit: 505

Quote from: otol55 on December 25, 2017, 06:44:29 AM

Quote from: CoPil on November 13, 2017, 10:33:26 PM

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? Roll Eyes

The benefits you will get with Bitcoin.
Your balance will increase every year as Bitcoin prices continue to rise.
I think Bitcoin is a very good investment place.

Agree like if you bought bitcoin last year, the price right now will really make you rich. Price of bitcoin last year is really affordable that you can afford to buy a lot but now it is sort of it is difficult to buy a whole bitcoin because of its price. I regret on not pursuing to buy a bitcoin last year now i do regret it. Though still i want to earn more in bitcoin . Investing in bitcoin is really good now a days because the demand of digital currency is keeps rising by this day.

Good tbc

member

Activity: 115

Merit: 10

The advantages of having Bitcoin includes investing in bitcoin , trading, online payments with bitcoins and others advantages.

cadiente014

newbie

Activity: 22

Merit: 0

Investing in bitcoin can be use in any other transaction so its easy to use than other digital currency . You can also earn money because of fluctuation of price just by holding it for a time you can gain easily in your investment. I think these are the advantage of having bitcoin . You just need to know what to do with your bitcoin to utilize this advantage

otol55

full member

Activity: 143

Merit: 100

Quote from: CoPil on November 13, 2017, 10:33:26 PM

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? Roll Eyes

The benefits you will get with Bitcoin.
Your balance will increase every year as Bitcoin prices continue to rise.
I think Bitcoin is a very good investment place.

sidebyside

member

Activity: 245

Merit: 10

I find that bitcoin is the most lucrative tool today. Prices have fluctuated continuously over the past few months. Bitcoin evokes many good business ideas. Many schools now accept bitcoin to pay for tuition. It is also very useful for the future. Make payments easier and faster

Goodsamaritan

member

Activity: 84

Merit: 10

The advantages are your fiat money turns into an investment and you could earn more on it than saving it on your pocket. Also your money is somehow safe by the means of it prevents thiefs in your house from getting it. The biggest advantage is your fiat money turns into a asset.

Saftention

member

Activity: 95

Merit: 10

Quote from: CoPil on November 13, 2017, 10:33:26 PM

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? Roll Eyes

you can use it for every things pron,gambling,drak net or cash it and buy what you need.

bitcoin also investment and trading

cjcourt01

newbie

Activity: 4

Merit: 0

bitcoin is that it is a best money the other money used of it . bitcoin is the best asset.

pinoyden

full member

Activity: 756

Merit: 102

Quote from: yopaa on December 25, 2017, 12:04:41 AM

This is why I'm like bitcoin more than other fiats currencies,

User Anonymity

Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.

No Third-party Interruptions

One of the most widely publicized benefits of Bitcoin is that governments, banks, and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies.

Very Low Transaction Fees

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer of Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and waiting periods.

bitcoin is not totally anonymous because users who uses it can still be traceable or trackable by linking on their bitcoin wallet address or public address.

Quote

No Third-party Interruptions

bitcoin can still be interrupted because transactions are not always process instantly and most of them are unconfirmed due to network congestion.

Quote

Very Low Transaction Fees

bitcoin doesn't have low transaction fees rather it's fees are very much expensive due to the current price of bitcoin which is also high.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: yopaa on December 25, 2017, 12:04:41 AM

This is why I'm like bitcoin more than other fiats currencies,

User Anonymity

Bitcoin purchases are discrete. Unless a user voluntarily publishes his Bitcoin transactions, his purchases are never associated with his personal identity, much like cash-only purchases, and cannot be traced back to him. In fact, the anonymous Bitcoin address that is generated for user purchases changes with each transaction.

No Third-party Interruptions

One of the most widely publicized benefits of Bitcoin is that governments, banks, and other financial intermediaries have no way to interrupt user transactions or place freezes on Bitcoin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies.

Very Low Transaction Fees

Standard wire transfers and foreign purchases typically involve fees and exchange costs. Since Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low. This can be a major advantage for travelers. Additionally, any transfer of Bitcoins happens very quickly, eliminating the inconvenience of typical authorization requirements and waiting periods.

Thanks for the copy-paste. But none of these are true anymore. The law enforcement authorities are now capable of tracing back the Bitcoin transactions to the individuals, as evident from the arrest of several drug dealers in the EU during the past few months. And the transaction fee has increased to insane levels, with users paying up to $120 for a single transaction.

swiftbits

sr. member

Activity: 938

Merit: 251

You can use it to send funds anonymously and can be used for many opportunities like trading and investing, you can earn and you can get profit if you buy it on dip, if not, just hold it because the price will eventually grow.

I don't have a whole btc, which I really hope I can get on the coming year, I have a lot of thing to plan and to do with it, 1 Bitcoin is very expensive to have this time but a small piece of it is good for a start. Hopefully learn more in trading

kmlkkl

member

Activity: 196

Merit: 10

Digital currency that is constantly priced according to the market.The Internet is a digital currency that does not end up as long as it has been used.I will be wondering about its expansion and how to make payments in the future.

mejalipat

full member

Activity: 364

Merit: 100

Quote from: CoPil on November 13, 2017, 10:33:26 PM

The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin? Roll Eyes

I think the advantage of having bitcoin is certainly an investment and can sell it at a high price so it can be profitable

Topic: What are the advantages of having Bitcoin? - page 42. (Read 6553 times)