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Topic: What are the advantages of having Bitcoin? - page 57. (Read 6553 times)

newbie
Activity: 62
Merit: 0
November 20, 2017, 01:25:00 AM
advantage of having a bitcoin is to earn money while you are playing online games <3
hero member
Activity: 882
Merit: 500
November 20, 2017, 01:23:16 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 is not a virtual money , It is only a medium to have the transaction of money .
Here the basic reason to make the bitcoin was to show that there can be a technology that will be more better and more secure that banking system have in the present time .
Here we can see that in the practical life with fiat currency we have assurence that fiat currency have value given by the central bank authority , but here the bitcoin has no assurance by anyone to have bitcoin valuable by anyone , but a type of trust works between people to people and demand that makes the big need and demand in the cryptocurrency field to make trading ( buy of another coin and also sell ) .
Here bitcoin is can also be says as an medium of making money because we know that bitcoin is that option of the where we don't need to see toward the tax system much (but at the end we need to pay tax according to government laws in those countries where made ) .
member
Activity: 548
Merit: 12
November 20, 2017, 12:09:50 AM
btc is very useful like shopping and you can trade it for money or with your needs, most people are used or invested in the long term or short term to make a profit.
member
Activity: 406
Merit: 13
November 20, 2017, 12:04:54 AM
Theres so many advantages but for me  It will be a great help for my financial suport as bitcoin will rise and be widely used. So its better to have some portion of it before its going to be expensive.
full member
Activity: 434
Merit: 168
November 20, 2017, 12:00:27 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
If you have a bitcoin the advantage of bitcoins in other currency is you have a lot of money "bitcoins" because 1bitcoins is equal to $8000 for now and i know that it will increase so much after a many years so just earn and hold it.
full member
Activity: 448
Merit: 102
November 19, 2017, 11:50:53 PM
today you may not realize that bitcoin is capable of changing your life, and if you are able to survive in bitcoin, you will find many things you have never experienced before.
just wait, someday you will realize and feel the benefits of bitcoin.
and what I feel today, that bitcoin can slowly change my life, then from the physical side, I become critical thinking.
sr. member
Activity: 560
Merit: 250
November 19, 2017, 11:50:40 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 is a lot of reading about bitcoin, you can find a lot of knowledge about the benefits and usefulness of bitcoin. I think if you read it will bring understanding and knowledge for you. so I will not say anything, my advice look for a lot of knowledge about bitcoin.
member
Activity: 113
Merit: 100
November 19, 2017, 11:48:16 PM
i think for me the biggest advantage of having bitcoin at the earlier time is that if in the future the value of bitcoin becomes higher, you benefit really bigtime for example, you bought 1 bitcoin for 40k and then in the future the value of 1 bitcoin is 400k, you really profitted big time.
member
Activity: 294
Merit: 13
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November 19, 2017, 11:47:37 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
People use bitcoin to earn more money. The price of bitcoin is increasing, and i can say it is the best asset right now. Advantage of bitcoin also is cheap and quick transaction.
member
Activity: 151
Merit: 10
November 19, 2017, 11:46:57 PM
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 ^
honestly until now I have not known what the benefits bitcoin, but I see the prospect that my colleagues get very seductive, imagine, they can invest well in bitcoin well.
and I think this will be my reference for my future savings.
will continue to try and try how the bitcoin results. hopefully will be a good prospect in the future
newbie
Activity: 14
Merit: 0
November 19, 2017, 11:37:48 PM
Because all bitcoin transactions are completely anonymous and can not be reversed, so for salespeople they can be assured of fraud.
full member
Activity: 672
Merit: 105
November 19, 2017, 11:28:25 PM
What I know Bitcoin is a digital currency, every currency fluctuates, but the fluctuation of digital money is very significant, where the price can be towering, that is the advantage that Bitcoin has. I think.
full member
Activity: 378
Merit: 100
November 19, 2017, 06:37:42 PM
The advantages of having a bitcoin is making money because if you have bitcoin you sell this or used this to the trading.having a bitcoin is a big help to the people that no more job regularly because this is what we called sideline for me in online job.
full member
Activity: 364
Merit: 100
November 19, 2017, 05:39:56 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 Bitcoin in many ways similar to fiat. But for me as of the moment, the advantage of having Bitcoin is the assurance of gaining profit due to the continuous increase in price. So it would actually be wise to hold on to your Bitcoin for the meantime due to this reason.
jr. member
Activity: 58
Merit: 5
November 19, 2017, 05:31:48 PM
With all the forks, you never know what new gift will come from owning Bitcoin
sr. member
Activity: 618
Merit: 250
November 19, 2017, 04:20:03 PM
For my opinion, here are some
Currently very less Bitcoins are being mined compared to Bitcoins bought.
So the demand is high and supply is less.
People are ready to pay anything to get hold of Bitcoins.
Japan legalized bitcoins, and many countries are reviewing it.
Many VCs , Investor are investing heavily into Bitcoin Business.
Bitcoin is getting support from Major Technologists.
The advantages of having bitcoin is when you do transaction is quick and cheap, because when making a bitcoin transfer the fees are extremely low compared to conventional methods of moving money. Also transfering money is no paper works, All you need to do to is to download a bitcoin wallet and generate a bitcoin address, then after that you can send and receive bitcoin.
member
Activity: 112
Merit: 10
November 19, 2017, 03:52:56 PM
Its Money that can increase or decrease with time
its good to have an alternative way to make more money
and now its the time of bitcoin
full member
Activity: 327
Merit: 100
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November 19, 2017, 03:44:56 PM
Bitcoin is like a sacred grail, the basis for the cryptocurrency market - all altcoins are traded paired with it. In general, as long as that does not dispense with Bitcoin
hero member
Activity: 729
Merit: 502
November 17, 2017, 10:26:03 AM
Having bitcoin is very good you can pay bills using bitcoin, bitcoin has no authority involved so every transactions we made no fees deducted in our wallet because of decentralize form.
Not only bills. You can buy anything. Just like with dollars or euro. Or change it to currency of your country on exchanges if you want Smiley
sr. member
Activity: 584
Merit: 256
November 17, 2017, 10:25:36 AM
I think Bitcoin is one of the profitable currency in the virtual world If you have some Bitcoin then you can get a large amount of profit from lending or investing your Bitcoin. You can also Spend your Bitcoin for various purchasing activities. if you are addicted to gambling then Bitcoin would be one of the elements of this segment. not only that but also Bitcoin is an anonymous platform so that you can't be traceable. one of the best sides of Bitcoin is to carry out easily.



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