What are the advantages of having Bitcoin? - page 7.

dhka

full member

Activity: 266

Merit: 101

The Experience Layer of the Decentralized Internet

Quote from: fargoway on April 10, 2018, 01:37:29 AM

I believe that Bitcoin gave a huge boost for researchers to discover new opportunities with the help of the Internet. There are a lot of new ideas and startups thanks to Bitcoin. Yes, most of them are obviously useless, but a few of them may influence our everyday life significantly

Love your opinion. It is true that mamy ICOs are popping up lately and many of them are useless. But there are definitely some with significant usefullness among them all.
Blockchain for now is going to be the fuel for the new technology invention.

eloymjb

full member

Activity: 247

Merit: 100

the best advantage of having bitcoin in your life is the best easiest way to pay your bills and the opportunity to change your life. having a bitcoin is get your life in a new beginning that give you a reality of your dream.

iyus gmb

newbie

Activity: 94

Merit: 0

having bitcoin money is the same as having a global currency.
the profit earned from buying and selling bitcoin will be higher, if the bitcoin value is higher. this bitcoin currency is not affected by politics or government in how many countries. in terms of security is bitcoin is safe from counterfeiting because virtual currency can not at any time be false because it has no form.
in contrast to the rupiah currency that has a physical form so prone to happen forgery.

fargoway

newbie

Activity: 164

Merit: 0

I believe that Bitcoin gave a huge boost for researchers to discover new opportunities with the help of the Internet. There are a lot of new ideas and startups thanks to Bitcoin. Yes, most of them are obviously useless, but a few of them may influence our everyday life significantly

electronicash

legendary

Activity: 3178

Merit: 1054

well its sort of an investment which means if you have bitcoins, your money grows. and when forks happen the amount of btc you have will also be the amount of fork coins you will receive. say you have 10 btc, that means you also got 10 BCH. that is a great advantage that you'd want to keep. so how much BYTEBALLS would you have if you also have 10 BTC? and you cna invest to many ICOs with the BTC you have.

Moonbill

newbie

Activity: 73

Merit: 0

Yes, bitcoin is very beneficial to everyone, it changes people's lives more richly, and is a stable source of income for everyone. I hope the bitcoin future will flourish and spread more widely.

Houseman

member

Activity: 156

Merit: 10

Well having bitcoin in early stage bring me some earning especially last year, i manage to clear some of the debts and also reinvest in other coins. Thus it is more luckily that i invest in bitcoin early.

long8899

member

Activity: 202

Merit: 18

bitcoin has helped many people making money. so it is the main reason people holds it.

also, it is the widely acceptable money in many main websites. so you can use bitcoin to buy other coins or tokens.

adjong

member

Activity: 322

Merit: 10

great advantage if you have bitcoin because you're making your own money and even at home slack and do nothing you can make just because bitcoin is better yet you can join trading and mining bitcoin has a self bank You can withdraw anywhere

toast

sr. member

Activity: 1582

Merit: 253

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

for me bitcoin is a future investment tool that utilizes technological advancement and era and bitcoin is cryptocurrency that can bring big enough profit when investing with it

malbterxic

member

Activity: 224

Merit: 10

Quote from: amwer on April 08, 2018, 11:56:01 PM

I think Bitcoin has many benefits.
When making a Bitcoin transfer the fees are extremely low compared to conventional methods of moving money. A normal Bitcoin fee is 0.0005 BTC per transfer, whereas with a typically international wire transfer you could expect to pay 700THB-1300THB per transaction. Accepting credit cards will generally cost 3-5% of the transfer amount, which again is much more expensive than a Bitcoin transaction.
International wire transfers can take from a few days to more than a week, whereas Bitcoin transactions are generally confirmed with an hour.

I do not agree with these statements, the fact is that BTC has low commissions only when there are few transactions on the network,
but when the network is overloaded and the cost of bitcoin is high commission is not at all small, the same applies to the sending speed,
at me in December from a stock exchange poloniex BTC on a purse went 2 days.

Gusbaaa

jr. member

Activity: 63

Merit: 1

For me the advantage of owning or holding Bitcoin for the future is that it is decentralized and its anonymity. I can send money to other cou tires or to my beloved ones without thinking of how much I will spend for the cost of sending them and they do not require verification anything for me to send money abroad. One of the advantages is if you invest in bitcoin now, it will certainly multiply a few years later. Bitcoin is a fast, safe, and decentralized peer-to-peer digital currency. accepted worldwide. Instant Bitcoin deals without a global delay. Bitcoin offers more freedom to others by giving them full control over their money.

BTCappu

member

Activity: 516

Merit: 38

Quote from: johnine on April 07, 2018, 10:33:01 PM

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

Really? That's the only thing you know about bitcoin? Then how did you earn that rank of yours if you only know about bitcoin is a virtual money? Why don't you use Google to search other uses of bitcoin? We all know that having Bitcoin is a big advantage compared to people who dont know about it, we earn money in BTC.

To know about Bitcoin is the biggest advantage of your life and do not know about Bitcoin is the biggest disadvantage of your life. You do not have to ask about Bitcoin’s advantages and disadvantages but should know how to get knowledge about Bitcoin is your ability to learn about the future’s currency. After entering into this business the only disadvantage of Bitcoin is to reveal your wallet password and email and this is the only risk in this business.

Crowdsale.network

newbie

Activity: 104

Merit: 0

Bitcoin is a decentralized, peer-to-peer, cryptocurrency. Bitcoin Advantages: Freedom in Payment, Control and Security, Information is Transparent, Very Low Fees, Fewer Risks for Merchants..

teklang01

jr. member

Activity: 173

Merit: 7

For me, one of the best advantages of having bitcoin is that sales tax are not added to any purchases we made. The government doesn't have control to our digital wealth and we have the freedom to manage our own money.

naily

member

Activity: 350

Merit: 10

Quote from: kdiag on April 01, 2018, 07:38:17 AM

I think that the advantage of bitcoin in its high volatility is attracting traders, as well as in its growth it attracts investors in the long term.

Save your Bitcoin and start investing, do not sell Bitcoin when the price falls, you will get more profits and get rich very quickly. That's the advantage of having Bitcoin. It's very popular and many people around the world have reached and started investing in Bitcoin. This means that the price of Bitcoin will be higher

Qunetick

member

Activity: 226

Merit: 10

Holding bitcoin has many more advantages, but those advantages depends on the patience that we have in waiting. The person who has a great patience will maybe win the crypto currency battle and they really maybe receive a big reward of their patience. Once they can hold bitcoin infill such time that it will rise someday.

agamassasul1

newbie

Activity: 133

Merit: 0

the advantage of bitcoin is to sell it in market trading, and you can also invest it.

J Gambler

hero member

Activity: 910

Merit: 500

Quote from: amwer on April 08, 2018, 11:56:01 PM

I think Bitcoin has many benefits.
When making a Bitcoin transfer the fees are extremely low compared to conventional methods of moving money. A normal Bitcoin fee is 0.0005 BTC per transfer, whereas with a typically international wire transfer you could expect to pay 700THB-1300THB per transaction. Accepting credit cards will generally cost 3-5% of the transfer amount, which again is much more expensive than a Bitcoin transaction.
International wire transfers can take from a few days to more than a week, whereas Bitcoin transactions are generally confirmed with an hour.

Bitcoin simply faves the way of having transaction through internet without the need of cash. It's now faster and easier at the same timetime it's secure and safety. Other than that it helps ordinary people to earn extra money and create a profit for them despite unemployment. The best thing is that bitcoin is a good investment for future.

altysha

jr. member

Activity: 76

Merit: 1

Bitcoin has many benefits and advantages over using localized currency. First of all, it is the best investment. Its price grows and will grow. In addition, you can do quick and cheap transactions.

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