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Topic: what are the benefits of bitcoin? - page 14. (Read 4015 times)

newbie
Activity: 66
Merit: 0
January 16, 2018, 03:44:31 AM
One benefirs of bitcoin here is that no taxes to pay with it. There is no way for a third party to intercept transactions of Bitcoins, and therefore there is no viable way to implement a Bitcoin taxation system. The only way to pay a tax would be, if someone voluntarily sends a percentage of the amount being sent as tax.
hero member
Activity: 1273
Merit: 507
January 16, 2018, 03:31:39 AM
what are the benefits you get in bitcoin? And how those it affect your daily living?
Bitcoin has been of my life for the past years. It helps me earn some which i used to support my family. I also use bitcoin to pay my bills, unlike before that i would need to wait on the queue, literally, just to pay my bills. Thanks to bitcoin that it only needs a couple of click and in about a second i'm done paying my bill.
member
Activity: 208
Merit: 10
January 16, 2018, 03:01:04 AM
Maybe the guy needs the money, so instead of holding back who does not know how long, it's better he sells it .., and maybe also the bitcoin price goes up.
full member
Activity: 350
Merit: 100
January 16, 2018, 02:02:09 AM
in bitcoin there are so many benefits, like when your are trading you only need to wait for its profit unlike in the other job that you will work hard until you gain profit, but in bitcoin you only need to invest and then earn.
full member
Activity: 168
Merit: 101
January 14, 2018, 07:55:15 PM
what are the benefits you get in bitcoin? And how those it affect your daily living?
A lot!!! Bitcoin gives me so much than what I expected! It helps me with my everyday budget and it also allows me to splurge on things that I've been wanting to buy such as latest gadgets, men's accessories and many more. Bitcoin also gave me the opportunity to have my very first paid international travel! Right now, I'm aiming to build my own house and to buy my own car. And I can't wait for it to happen this year.
full member
Activity: 121
Merit: 100
January 14, 2018, 07:53:10 PM
many bitcoin benefits like my acquaintance have left his job and bitcoin since he earns more bitcoin than his work, it's because he's tired but bitcoin is just sitting down, the bitcoin meeting is gone your worries about life because there's money
sr. member
Activity: 994
Merit: 256
January 14, 2018, 03:10:25 PM
Here are some of the major benefits, IMO:

1. Anonymity, up to a certain degree.
2. Ease of doing transactions.
3. Ease of storage.
4. Easily movable or convertible to other assets.
5. Decentralized asset, which can't be controlled or manipulated by anyone.
I agree with all the points you highlighted above, except that with the prevalent delays and high cost of transaction fees, point 2. begins to read "false"

Nevertheless, the benefits of Bitcoin are numerous, but the core of it, revolves around its decentralization and censor-resistance. That's the stronghold of Bitcoin and what gives confidence to Bitcoin enthusiasts, other than these two, the many unfriendly friends of Bitcoin would have had their way in nailing its coffin.
Yes these are very basic features of bitcoin as bitcoin has no end infect it are growing and will grow forever. Bitcoin is beneficial in all respects now bitcoin transaction has become fast and it is applicable throughout the world. Bitcoin is multi beneficial to have a lot of things like it can give you money it is source of income and save for holding as long as you want. I guess bitcoin is best option to solve poverty in our country.
copper member
Activity: 83
Merit: 10
January 14, 2018, 04:03:25 AM
there are lots of benefits of bitcoin, some of these.. it can easily transfer one address to another address. and it's balance always remain with you. you can use it anywhere and anytime when you will be need.you can shoping through  online by using btc.
full member
Activity: 364
Merit: 100
January 14, 2018, 04:01:57 AM
what are the benefits you get in bitcoin? And how those it affect your daily living?
bitcoin helps me personally. It benefits me in a way that I can make my own money. I do not need to ask for money anymore and aside from that I can help my family by giving them what I earn from this. This serves as an alternative source of income aside from my current job and it allows me to sustain my life and buy my needs and also what I want.One advantage is you will be more knowledgeable because you learn a lot of things here that are not thought in school.
newbie
Activity: 41
Merit: 0
January 14, 2018, 03:54:58 AM
I think now hold COINS is a good investment way, now the currency of the relatively low price, now very good, the development of the currency in the near future, the price will reach new heights
newbie
Activity: 182
Merit: 0
January 14, 2018, 03:39:45 AM
In a major affect of bitcoin in my life I am continues in using English words and I learn a lot here. Taking care of my self post not to get if possible an off topic message. Bitcoin is making everyone speak English and write English to be connected to others. Bitcoin is making and giving more benefits to everyone.
newbie
Activity: 84
Merit: 0
January 14, 2018, 03:38:55 AM
The benefits of bitcoin is that it is an internet currency that can used in international affairs or negotiations.
newbie
Activity: 156
Merit: 0
January 14, 2018, 03:31:59 AM
Bitcoin has lots of benefits and at the same time some sorts of disadvantages  are  also there.The Bitcoin transaction can be carried out from anywhere to other country within minutes .For the above transactions we only need to down load Bitcoin wallet program and to generate a bitcoin address .The transaction fees is extremely low comparing to the bank charges.The value of bitcoin is stablised  now and the major disadvantage of bitcoin is that once it is transacted it is irreversible so make sure that the transaction should be with the right person or the true vendor only.
jr. member
Activity: 280
Merit: 5
January 14, 2018, 02:58:33 AM
May be the people looking not the name of bitcoin they are looking the benefits of bitcoin because if you have a bitcoin you can use to buy anything that bitcoin accepted to pay and you can change a government money in any money exchange as long it is accepted and the exciting in bitcoin is the value itself its incredible than a government money  
full member
Activity: 419
Merit: 100
January 14, 2018, 02:43:01 AM
The bitcoins gives a source of income to the bitcoin user's as bitcoin network is a decentralized network there is no third party involvement for transacting worldwide and all transactions are recorded in the ledger called the blockchain technology, bitcoin technology gives good level of financial freedom to the user's and  as the price of bitcoins are too high the user's will be free from financial burden unlike the national currency as the user's will be able to earn bitcoins by working in the bitcoin and blockchain network or by providing products or services in exchange of bitcoins.
member
Activity: 263
Merit: 12
January 14, 2018, 02:11:52 AM
The first and most important advantage of bitcoins is that it will give you a big profit from your money , and also it will give you a standard life ,and a profitable money,and it will also safe from any difficulty,and the other thing is that you can just safe your  bitcoins and the price will go up .
newbie
Activity: 378
Merit: 0
January 14, 2018, 02:06:34 AM
The benefits are all related to financial life. This affects our lives in a positive way, as it enables us to improve the standard of our lives.
The benefits of bitcoin are advantage to our life, such as investing life insurence or income. So, it's all related with our lives, because it's a digital asset or crypto currency who used in internet.
newbie
Activity: 154
Merit: 0
January 14, 2018, 02:03:15 AM
what are the benefits you get in bitcoin? And how those it affect your daily living?

Bitcoin is so useful and it helps me a lot. In price of it, It's so unbelievable and this is the one thing that helped me. I spend a year working with Bitcoins. I can provide my own money now because of Bitcoin. I can put my money in my bank accounts. I can secure my money because of it. I love bitcoin because it always help me financially and mentally.

It's good when you are keeping Bitcoins and the price is rising. Consider that you are keeping some bitcoins and the price is falling. In this case, most probably you prefer to convert your money to fiat and trust banks.

Bitcoin is more beneficial to all people..give more benefits to society most popular and valuable digital currency in the world..reduces unemployment more and more people worldwide successfully accepted bitcoin Kiss
legendary
Activity: 1596
Merit: 1011
January 14, 2018, 02:02:32 AM
There are so many benefits in using Bitcoin, I have said several times that Bitcoin has changed my life.
Basically Bitcoin used to perform various financial transactions that we do, the transaction process that we do also run very quickly and easily.
I've been using Bitcoin for several years and this is one of the best payment methods I've ever used.
newbie
Activity: 10
Merit: 0
January 14, 2018, 01:56:50 AM
in my opinion , more secure and counterfeit-proof .
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