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Topic: What are the advantages of having Bitcoin? - page 44. (Read 6553 times)

full member
Activity: 266
Merit: 102
December 22, 2017, 02:15:23 AM
We all know that having bitcoin have many advantages. One of the advantages of having bitcoin is that you can have a secured accounts to keep your own bitcoin wallet. Having secured wallet can really help us to be safe our own money. Second, you can earn and save money for your own future. Third, you can now invest anytime and anywhere as long as you have any amazing technology or the said gadgets and internet connection. Then, anything you want can easily buy it through bitcoin. You can buy all those things you needs, you can help you family for financial support and you can have a better life. Lastly, in bitcoin can ensure your better life without any restriction and no one can try to stop you to work in bitcoin.
member
Activity: 336
Merit: 10
December 22, 2017, 02:14:14 AM
Having a bitcoin gives you an oppurtunity to grow your money by trading. Holding a bitcoin also gives you a chance to duoble or triple its value because BTC price keeps on increasing. Having a BTC also gives you convenience in sending money to your freinds and relatives or paying bills and services online.
member
Activity: 154
Merit: 10
December 22, 2017, 02:12:05 AM
There are many advantages of bitcoin, since we can earn money from bitcoin, which can be sold with bitco for easier payment, which gives the user more value.
full member
Activity: 221
Merit: 100
December 22, 2017, 02:09:06 AM
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

Having bitcoin is a cool thing in a way that it seems like you have something that they don't have if it become a international currency in the future you can be proud that you have gotten to know it right now and you'll have an advantage by then. It can also be a great source of money this time even if you're still young you can earn money with the help of bitcoin it doesn't require degree unlike applying for jobs in order to get fiat.
full member
Activity: 336
Merit: 121
December 22, 2017, 02:01:04 AM
there are large number of advantages of bitcoin like bitcoin is a crypto currency so if you have a bitcoin in your wallet then you can use it in all countries excluding one or two countries. While also working with bitcoin is easier then other places with addition with this bitcoin price is varying with time so if you have a bitcoin in your wallet and you hold them for time when price is increased then your BTC will also be increased and you can earn profit without any working.
member
Activity: 294
Merit: 10
December 22, 2017, 01:49:48 AM
There are many advantages.Bitcoin  is a virtual currency with encryption.We can make money and make transactions easier because of bitcoin.It is secure and cheap.It makes the lives of everyone easuer than before.There is no requirement of any third party. We can make money with a short period of time.
sr. member
Activity: 638
Merit: 300
December 21, 2017, 11:42:26 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
There are lots of things that bitcoin can give like this is the only digital currency that can be a payment method paying our bills and credit card also.It is also beneficial that we can get here another source of income.It is easy and comfortable to use this kind of digital currency.
Yes, bitcoin offers to me a lot of opportunity when it comes to supply my daily needs. Bitcoin offers me a big opportunity today to make my dreams come true like building my own business soon. But I didn't take for granted to have my own investments in bitcoin which is for me is it's biggest advantage is providing   a good life to its user and trader.

Aside from having an opportunity to be financially stable or having something to be used in our daily needs , to spend for our everydays life. We have also an opportunity to have an investment if you will continue to hold your bitcoin.little by little you will earn bigger.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
December 21, 2017, 11:31:03 PM
There are too many advantages but at the same time having bitcoin could be a disadvantage. Lets talk about first about the advantages of having bitcoin. First factor, is that bitcoin value is not stable it continues to grow up. Also, having bitcoin is an assurance for you to have money because bitcoin is money. When you have bitcoin you do not even need to spend your own money you can spend bitcoin instead of your own money. The disadvantage of it is that bitcoin is decentralize, means that everyone can use it, then there are possibility that your account might get hacked. By that the possibility of loosing your effort and money would be possible.
full member
Activity: 560
Merit: 100
December 21, 2017, 12:03:18 PM
There are so many advantages of having a bitcoin money because you can buy that you really need. Bitcoin can help us financially and you can pay some bills for your house.
Bitcoin is very profitable, but if the price goes down it can be a loss for us. But bitcoin does provide a good solution than any other asset.
because the price is unstable make bitcoin this is great for in traded.
hero member
Activity: 1372
Merit: 564
December 21, 2017, 11:55:04 AM
There are numbers of advantages of bitcoin, some are stated below:
1) With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
2) You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
3) Allowing users to be in control of their transactions help keep Bitcoin safe for the network.
And for me it is just a way to be rich and have a luxuries life.
The advantages of having bitcoin is when you use it in transfering bitcoin to bitcoin it make easy for you. And also bitcoin no one who can control or manipulated even the government it cannot control it. Also it is safe and fast to use in doing transaction and you can have it everytime you want.
newbie
Activity: 1
Merit: 0
December 21, 2017, 11:48:32 AM
Every currency keeps on fluctuating and is not stable but those fluctuations are not as high as any digital currency like for example we have bitcoins.
Bitcoins due to this fluctuation will help you make more money.. you can buy at tha dip and sell at the pump or hold onto them for long term investments..
Take for example someone who brought 10 bitcoins for a dollar each back in the beginning how ..rich they would be right now..
Its really interesting that we do have Something to invest other than stock market .
It. Does needs a little documentation and is very easy to use and also for one to one international transaction you can use it its much easier than converting your fiat currency in someone else's and then they would have to convert again.
Its universal and decentralized there are tons of advantages there are a few
full member
Activity: 532
Merit: 101
December 21, 2017, 11:45:16 AM
The advantages of having bitcoin is we can use it for payments online. Having bitcoin is very important in our lives, because you can use bitcoin also for our savings. There's a lot advantages of having bitcoin just like if we have bitcoin we can use it every time we want. Like buying online shopping, just stay on your home and bitcoin will pay through internet you don't need to go out. The possibility also is if the price of bitcoin will increases you can earn profit.
full member
Activity: 462
Merit: 100
December 21, 2017, 05:24:48 AM
There are so many advantages of having a bitcoin money because you can buy that you really need. Bitcoin can help us financially and you can pay some bills for your house.
member
Activity: 238
Merit: 38
December 21, 2017, 04:50:06 AM
For me the biggest advantage of Bitcoin is payments can be made without one’s personal information being tied to the transactions. The fact that your personal information is hidden there is no way people can pry on you.

It also easier to open an "account" whereas with banks I need to go in the bank hand them out my information sign papers etc. Bitcoin makes is fairly easy I just can get paper generator get my new address instantly (generate it offline) in my home.

Your information can be tied to yourself, trust me. There are some algorithms already that track bitcoin transactions, since blockchain is open for everyone, if you don't care much while using your bitcoin as many people use it to transfer between exchanges and their wallets somehow it can be concluded at least 70% if not more about who is who if you don't really take steps to mash your identity. If you are looking for more like a privacy coin monero might be the better choice as they mix senders/receivers so you can't tell who is who, while bitcoin at this current stage is somewhat pseudo anonymous LN should add an extra layer of privacy in future.
member
Activity: 238
Merit: 11
December 21, 2017, 04:49:10 AM
There are numbers of advantages of bitcoin, some are stated below:
1) With Bitcoin it is very possible to be able to send and get money anywhere in the world at any given time.
2) You are in control of your money with Bitcoin. There is no central authority figure in the Bitcoin network.
3) Allowing users to be in control of their transactions help keep Bitcoin safe for the network.
And for me it is just a way to be rich and have a luxuries life.
newbie
Activity: 58
Merit: 0
December 21, 2017, 04:48:05 AM
The best advantage is that you have a bitcoin.
full member
Activity: 345
Merit: 100
December 21, 2017, 04:44:15 AM
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

Like what you've said, it is really a virtual money. What's good about it is it could be convertible in your own currency.  And from that cash I could say a lot of things that would be an advantage for me. Aside from that, bitcoin gave me a better thing to do during my past time. Which I say a very good thing that gave a neutral good effect.
sr. member
Activity: 714
Merit: 250
December 21, 2017, 04:18:21 AM
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
Bitcoin can be used for shopping, investing etc.. you can buy absolutely anything with bitcoin, you just have to find a buyer. Wink i'm using bitcoin for shopping, investing,trading,gambling etc.. the main advantage of having bitcoin is that it's easier to pay across the globe.

Well there are a lot of good advantages of bitcoin because bitcoin is one of the currency which help humanity and it change a life of thousands of people and still it’s trying to facilitate people its price is very high and its transition are also very fast and bitcoin is now available in almost every country so everyone love bitcoin and they support bitcoin as well.
There are large number of advantages of bitcoin like bitcoin is a money and if you have a money then you can complete your every wish like if you want to buy car you can buy or home or anyother things.
Bitcoin is a crypt currency and it is easily changeable to any other currency so you can have bitcoin you can used them throughout the whole world.

The advantages of having bitcoin is always there and we can see it through the price that is continue rising each day.The bitcoin price may lead as to big profit if we  really have patience on holding it and wait for the right time to gain maybe people really slowly believe on bitcoin that is why it is now verry popular and it really become more precious today because of its  value.
full member
Activity: 350
Merit: 100
December 21, 2017, 04:10:24 AM
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
Bitcoin can be used for shopping, investing etc.. you can buy absolutely anything with bitcoin, you just have to find a buyer. Wink i'm using bitcoin for shopping, investing,trading,gambling etc.. the main advantage of having bitcoin is that it's easier to pay across the globe.

Well there are a lot of good advantages of bitcoin because bitcoin is one of the currency which help humanity and it change a life of thousands of people and still it’s trying to facilitate people its price is very high and its transition are also very fast and bitcoin is now available in almost every country so everyone love bitcoin and they support bitcoin as well.
There are large number of advantages of bitcoin like bitcoin is a money and if you have a money then you can complete your every wish like if you want to buy car you can buy or home or anyother things.
Bitcoin is a crypt currency and it is easily changeable to any other currency so you can have bitcoin you can used them throughout the whole world.
newbie
Activity: 56
Merit: 0
December 20, 2017, 04:20:40 AM
For me the biggest advantage of Bitcoin is payments can be made without one’s personal information being tied to the transactions. The fact that your personal information is hidden there is no way people can pry on you.
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