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Topic: What are the advantages of having Bitcoin? - page 56. (Read 6553 times)

sr. member
Activity: 409
Merit: 250
November 20, 2017, 06:08:20 AM
The main advantage of bitcoin is it is untraceable  and safe. it is so simple to trade and easy to carry.  but it is too volatile. when comparing to normal currency its value is high but the normal currency is still idle.
member
Activity: 73
Merit: 10
November 20, 2017, 05:57:11 AM
I own some bitcoin for quite some time and it has really pays off. Since last year bitcoin value have tripled making it a very good investment for me. i think in our world where the trend is now going all online, I’m very sure that bitcoin will play a very important role in changing the way on how we buy and sell making it very valuable.
member
Activity: 350
Merit: 12
November 20, 2017, 05:52:30 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

the advantage of having bitcoin is that it will have a lot of money with a high exchange rate and bitcoin prices will continue to rise so that profits can be more
full member
Activity: 1302
Merit: 100
November 20, 2017, 05:47:05 AM
There are a lots of advantages of having Bitcoin....
*many poor students carry their educational expensive via Bitcoin.
*by Bitcoin we buy clothes, shoes, suits and coats
*by Bitcoin marketing, shopping and paid wages in restaurants
full member
Activity: 728
Merit: 131
November 20, 2017, 05:30:09 AM
having a bitcoin even just 1 coin will give you the privilege of having the investment by just holding it. the profit you can get on the pumping of its value on the market is really amazing which you are having with such 1 biotcoin..
full member
Activity: 574
Merit: 100
November 20, 2017, 05:24:04 AM
Making money, Most people are using bitcoin to making more money because of bitcoin's price going up with times. just a year and half ago, 1 BTC  was only worth 200$, now it worth more than 6000$. So BTC is the best asset right now.

One of the many advantages and the very obvious one in that. Bitcoins value has been so high that it managed to take the spotlight in just a few months and has become really famous specially for different investors. Compared to regular cash and investment options bitcoin is truly is the best asset as you say.
full member
Activity: 392
Merit: 101
November 20, 2017, 05:11:00 AM
Having my own bitcoin is a fortune for me. Bitcoin is very useful for a long period of time. If you invest in bitcoin it is a very good move for your life. Bitcoin can raise the level of one's life
full member
Activity: 238
Merit: 109
November 20, 2017, 04:41:38 AM
How very wrong

1. Autonomy – An individual could literally send and received cryptocurrency free from the independent and private company or government.

You are instead completely dependent on the miners - which means you are not independent of private company, and as the Chinese are controlling many mining farms you are also not independent from government

2. Anonymity – Private information about the sender and the receiver could be hidden thus making it a payment method of those who prefer not to be named like for example in donation and illicit activities.

The only true thing Bitcoin is useful for - illegal activities. Which is also why governments will shut it down eventually.

3. Affordability – Most of the payment processor, wallet and the like have a lower service charge, or some even are free of charge compared to bank and remittance centers.

Look at what happened in the last civil war with Bitcoin Cash - when there is trouble the miners will increse fees astronomically. It will happen more and more and transactions will become very expensive
member
Activity: 139
Merit: 11
November 20, 2017, 04:41:29 AM
For me, there are so many advantages of having Bitcoin. One of these is you can use it when buying products or services online. Next one is you can actually send it to who you want to send to help them. Other one is you can invest it for the future if you needed it badly.
full member
Activity: 420
Merit: 100
November 20, 2017, 04:39:12 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

the advantage we have bitcoin is the bitcoin price that keeps rising and will make us have many advantages with high selling value too and we can get a lot of money also
newbie
Activity: 36
Merit: 0
November 20, 2017, 04:34:27 AM
One of the main advantages is, still it is in its early days and there are many new things ahead.
member
Activity: 446
Merit: 13
HODL
November 20, 2017, 04:31:08 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

Hi there CoPil! Bitcoin has several advantages regarding bitcoin as a currency; top benefits are the following:

1. Autonomy – An individual could literally send and received cryptocurrency free from the independent and private company or government.
2. Anonymity – Private information about the sender and the receiver could be hidden thus making it a payment method of those who prefer not to be named like for example in donation and illicit activities.
3. Affordability – Most of the payment processor, wallet and the like have a lower service charge, or some even are free of charge compared to bank and remittance centers.
Hope it help!  Wink
full member
Activity: 168
Merit: 100
November 20, 2017, 04:26:52 AM
First and foremost, it gives you that feeling of security for a brighter future. Realizing for a fact that having bitcoin is a very wise investment.
sr. member
Activity: 1456
Merit: 359
November 20, 2017, 02:52:25 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
There are many advantages that we can get from bitcoin. One of the advantages of bitcoin is there are now many jobs in the cryptocurrency that we can do in order to make money.
full member
Activity: 197
Merit: 100
November 20, 2017, 02:51:42 AM
There are more advantage in Bitcoin.Well,as we know That Bitcoin is virtual currency.And it has a lot to offer. For example in payments,it has no limit to pay.You can send anywhere in the world.In any transaction in Bitcoin is fast compared to the banks.
full member
Activity: 238
Merit: 109
November 20, 2017, 02:50:27 AM
You can buy products online, Fast transaction for transfering money and the best part is, The value is keep on increasing monthly and that's the main reason why should we hold our coins longer, To earn more profit in the near future.

This makes no sense. You both want to use your Bitcoin to buy products AND you want to hold on to them as the value increases.
full member
Activity: 434
Merit: 100
November 20, 2017, 02:42:02 AM
You can buy products online, Fast transaction for transfering money and the best part is, The value is keep on increasing monthly and that's the main reason why should we hold our coins longer, To earn more profit in the near future.
full member
Activity: 462
Merit: 100
November 20, 2017, 02:40:00 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 a bitcoin is already an advantage. The moment that you acquired one makes your financial status okay. Also, you can be able to use it for investments and businesses such as trading. You can use it to buy things online as well. To have a bitcoin as early as possible is a really big advantage. We don't know what will happen to it once used by a lot of users.
newbie
Activity: 37
Merit: 0
November 20, 2017, 01:45:48 AM
Having a btc is good because btc now is keep pumping up and if have btc onsider it as a gift..
member
Activity: 378
Merit: 10
November 20, 2017, 01:42:37 AM
There are so many advantages having bitcoin like it is leading crypto currency which can gives you a lot of profits as compare of any oter investments and you can use bitcoin for paying bills, Travel bookings also. Bitcoin is easy to carry and easy to transfer in any where through blockchain account.
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