What do you like best about bitcoin? - page 145.

poetra2501

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Quote from: n2004al on April 07, 2017, 04:31:10 AM

As for me the best thing I like at bitcoin is that is a peer to peer product. In other words because is (the first) decentralized product of a revolutionary technology which will have impact in all our life. Then if is money, asset, or whatever will be named from the people or authorities, this is a secondary thing.

Bitcoin trying to revolutionize the world by transforming it into a purely
decentralized digital. Change concept currency no longer printed by a country.
Is no longer guaranteed by anything. But pure printable and is guaranteed by
the users themselves. The price system is based purely on supply and demand.

RealPhotoshoper

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Quote from: stadus on April 06, 2017, 12:36:45 AM

Quote from: Trust2016 on April 05, 2017, 07:53:34 PM

Quote from: Machine Funk on April 05, 2017, 07:49:06 PM

Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

For me is cheap fees, I'm very glad if you send to different countries only charge $0.2, if using a bank transfer for about $20. Bitcoin is the best payment method and beat paypal.

And this is also faster than the bank, when you sign up to make a bitcoin wallet it's easy and fast while with bank they have to go through the process and will require you the necessary documents in order for you to get approved. That is the big difference on a centralized and a decentralized system.

Bitcoin not yet recognized as a money to transact by people in mass.
Not sure if you can compare between bank and bitcoin , it is pretty different from my point of view.
Bank is a financial institution that accept fiat and centralized while bitcoin is the system of its financial also as a currency , really complete and perfect.

n2004al

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As for me the best thing I like at bitcoin is that is a peer to peer product. In other words because is (the first) decentralized product of a revolutionary technology which will have impact in all our life. Then if is money, asset, or whatever will be named from the people or authorities, this is a secondary thing.

deisik

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English ⬄ Russian Translation Services

Quote from: AngelSky on April 05, 2017, 12:30:07 PM

Quote from: Dudeperfect on April 04, 2017, 11:42:22 PM

Quote from: AngelSky on April 04, 2017, 10:55:45 PM

Quote from: Sadlife on April 04, 2017, 08:50:49 PM

I like bitcoin because i earn money independently because of it without having to rely in others.
I love the other aspects that this crypto currency have like the anonymous feature, you can and receive payment without giving away any personal info and it's decentralized feature that nobody can control your money except you.

Its simply called anonymous and decentralized money features. Most of the people like this anonymous feature and now wallet sites also made a changes in their new version wallets such as btc address changes frequently. Once its been copied and most of the wallet not accepting VPN after you verify with your email for the security concerns.

It is easy to get bitcoin payments without disclosing personal details using any wallet address but on the other hand, one has to give his KYC details to purchase bitcoins using his bank account or credit card etc payment options. In that case, there is a breach of anonymity and even if one is transacting from single IP then it is not difficult to trace his transactions.

Enclose the banking details while involves in trade. Yeah we need to share the details you mentioned but Technically it is possible to track the IP address right. Just assume if bitcoin become legal in your country, sure you cannot be anonymous right. To say fact. I feel fear to see that blockchain technology is been adopted by many corporates and then they make put heavy fees or other charges for the bitcoin transactions

No, it is not right

It is not possible to trace the IP address of the transaction you made. Your Internet provider could potentially do that if he somehow managed to decipher the encrypted SSL traffic (which would be a feat on its own) to see that you actually made a transaction in the first place. But other than that, there is no such possibility. Once I came up with the same idea, i.e. the Chinese miners could block all the transactions going out of the US by their IP addresses (after Trump went mad cursing China), and the forum consensus had it that it is not technically doable

South Park

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I like best in Bitcoin is that i can send it directly to anyone in the world. It may have problem with scaling but with right transaction fee, I cannot feel it at all. Aside from that the chance to buy online without using any bank and have extra bank charges for the transaction.

The fee is a problem if you want to send a small transaction since it is possible the fee is close to the amount you want to send but if you send above hundreds of dollars then the fee becomes insignificant compared to the amount you are sending across the world.

ekoice

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Decentralization is the main feature of bitcoin for which today big countries like china and banking sectors fear bitcoins.Satoshi created bitcoin to free people from banking sectors.Another main feature is low transaction price,but its no more due to limited block size.

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Quote from: Trust2016 on April 05, 2017, 07:53:34 PM

Quote from: Machine Funk on April 05, 2017, 07:49:06 PM

Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

For me is cheap fees, I'm very glad if you send to different countries only charge $0.2, if using a bank transfer for about $20. Bitcoin is the best payment method and beat paypal.

And this is also faster than the bank, when you sign up to make a bitcoin wallet it's easy and fast while with bank they have to go through the process and will require you the necessary documents in order for you to get approved. That is the big difference on a centralized and a decentralized system.

Trust2016

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Quote from: Machine Funk on April 05, 2017, 07:49:06 PM

Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

For me is cheap fees, I'm very glad if you send to different countries only charge $0.2, if using a bank transfer for about $20. Bitcoin is the best payment method and beat paypal.

Machine Funk

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Fast transactions. Easy to use and the best is no bank needed.I feel empowered using bitcoin .

the.scientist

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Quote from: Mbah Djoko on April 05, 2017, 04:46:09 AM

Quote from: coynedterm on April 05, 2017, 04:43:14 AM

Quote from: Huobi-USD on July 02, 2015, 11:02:23 PM

https://pbs.twimg.com/media/CI5zgjQW8AANx9G.png:large

What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink

Actually I like the whole three things in bitcoin . If you ask me that why I entered in the bitcoin then I will say that is only money .
Because earlier I needed much money but after enter in the bitcoin I realised that beside of the earnings there are another feature related with the bitcoin that will make me more cool in my community.
The best thing that I like it is transperacy Because this will stop the people to collect black money .

I think the most interesting of the bitcoin is a profitable investment expectations, I do not think that the price of the bitcoin can reach 400% compared with a year ago.

This is a key point in bringing incentives to miners, speculators, and people who are interested in the cryptocurrency. But if you ask them what they like most in Bitcoin, they will probably say that it is the fact that Bitcoin allows users to have more control over their own money, in other words, freedom.

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Quote from: AicecreaME on April 05, 2017, 09:24:50 AM

Quote from: Mbah Djoko on April 05, 2017, 04:46:09 AM

Quote from: coynedterm on April 05, 2017, 04:43:14 AM

Quote from: Huobi-USD on July 02, 2015, 11:02:23 PM

What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink

Actually I like the whole three things in bitcoin . If you ask me that why I entered in the bitcoin then I will say that is only money .
Because earlier I needed much money but after enter in the bitcoin I realised that beside of the earnings there are another feature related with the bitcoin that will make me more cool in my community.
The best thing that I like it is transperacy Because this will stop the people to collect black money .

I think the most interesting of the bitcoin is a profitable investment expectations, I do not think that the price of the bitcoin can reach 400% compared with a year ago.

How can you say something like that, that bitcoin couldn't reach its peak? I mean, bitcoins price is always fluctuating so I guess it is possible to happen in the near future, we just have to wait for that thing happen. Assuming something like this about bitcoin might be a way where we could lose profits by selling our bitcoin because we thought that it is never going to skyrocket again.

That's the most fun thing of bitcoin. we can not predict the exact costs. Sometimes people say that it is not possible, and the fact it happened. probably the nicest thing of bitcoin is, it's where the investment is unpredictable how big profits.

Zyborg

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The best thing I like about bitcoin is that I can send money anywhere at any time with very less fees which is not at all possible with any other payment system and it saves lots of time and energy as you can easily do it by sitting at home.

AngelSky

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Quote from: Dudeperfect on April 04, 2017, 11:42:22 PM

Quote from: AngelSky on April 04, 2017, 10:55:45 PM

Quote from: Sadlife on April 04, 2017, 08:50:49 PM

I like bitcoin because i earn money independently because of it without having to rely in others.
I love the other aspects that this crypto currency have like the anonymous feature, you can and receive payment without giving away any personal info and it's decentralized feature that nobody can control your money except you.

Its simply called anonymous and decentralized money features. Most of the people like this anonymous feature and now wallet sites also made a changes in their new version wallets such as btc address changes frequently. Once its been copied and most of the wallet not accepting VPN after you verify with your email for the security concerns.

It is easy to get bitcoin payments without disclosing personal details using any wallet address but on the other hand, one has to give his KYC details to purchase bitcoins using his bank account or credit card etc payment options. In that case, there is a breach of anonymity and even if one is transacting from single IP then it is not difficult to trace his transactions.

Enclose the banking details while involves in trade. Yeah we need to share the details you mentioned but Technically it is possible to track the IP address right. Just assume if bitcoin become legal in your country, sure you cannot be anonymous right. To say fact. I feel fear to see that blockchain technology is been adopted by many corporates and then they make put heavy fees or other charges for the bitcoin transactions.

AicecreaME

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Quote from: Mbah Djoko on April 05, 2017, 04:46:09 AM

Quote from: coynedterm on April 05, 2017, 04:43:14 AM

Quote from: Huobi-USD on July 02, 2015, 11:02:23 PM

What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink

Actually I like the whole three things in bitcoin . If you ask me that why I entered in the bitcoin then I will say that is only money .
Because earlier I needed much money but after enter in the bitcoin I realised that beside of the earnings there are another feature related with the bitcoin that will make me more cool in my community.
The best thing that I like it is transperacy Because this will stop the people to collect black money .

I think the most interesting of the bitcoin is a profitable investment expectations, I do not think that the price of the bitcoin can reach 400% compared with a year ago.

How can you say something like that, that bitcoin couldn't reach its peak? I mean, bitcoins price is always fluctuating so I guess it is possible to happen in the near future, we just have to wait for that thing happen. Assuming something like this about bitcoin might be a way where we could lose profits by selling our bitcoin because we thought that it is never going to skyrocket again.

BitcoinsCentral

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the thing that i like the most about bitcoin is that you can't reverse it after sending.

dunfida

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Quote from: DoomDumas on April 05, 2017, 08:14:36 AM

Quote from: Frank Alister on April 05, 2017, 07:59:47 AM

The ability of anonymity . It's a very good reason to use btcs. Everywhere I go and use my card, they know what I did, did I eat, did I drink etc. I don't want anyone knows what I'm doing, and that's why I use bitcoin. Also it's not like the others altcoins I've seen. This is different and credible.

That's why I try to use cash as possible, waiting and asking every teller if they are accepting Bitcoin.

Everytime you asked to teller they will surely laugh at you specially if they didnt hear about bitcoin and you still keep on asking lol. We just need to wait since most people do really love to be anonymous and dont want to be tracked regarding on how do we spend and what thing we did make spendings.

Kimi80

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I can be productive even from my home, I do somethin interesting and I can make some extra cash from that. I like the idea about bitcoin world, decentralized and cheap for using, easy for everyone. Now banks are taking too much on every transaction, I like more fees for miners, they are making all this to work good. Also its new era, I like idea about digital money, and bitcoin is that, this is the future, and I like future.

DoomDumas

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Bitcoin

Quote from: naughty1 on April 05, 2017, 08:11:49 AM

There are many reasons for me to like bitcoin, it has so many advantages that we can not tell you all. First of all, we have to talk about its power, it is the strongest virtual currency and has the power to dominate every other currency, so it carries a tremendous value, no currency can pass. . Second, we can talk about its speed and convenience. We can make all transactions quickly and conveniently, with just a few simple operations and our transactions can be completed, without any legal impact. In addition, there are a lot of other conveniences, but these are two basic reasons that make me like bitcoin.

In fact, it's the only one in the mind of the majority, very few got enough interseted to learn about the existence of alt-coin. Those are just a bet in case THE cryptocurrency fails. I don't think it will ever happen.. Because so many dedicated genius are on it...

DoomDumas

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Bitcoin

Quote from: Frank Alister on April 05, 2017, 07:59:47 AM

The ability of anonymity . It's a very good reason to use btcs. Everywhere I go and use my card, they know what I did, did I eat, did I drink etc. I don't want anyone knows what I'm doing, and that's why I use bitcoin. Also it's not like the others altcoins I've seen. This is different and credible.

That's why I try to use cash as possible, waiting and asking every teller if they are accepting Bitcoin.

naughty1

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Activity: 406

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There are many reasons for me to like bitcoin, it has so many advantages that we can not tell you all. First of all, we have to talk about its power, it is the strongest virtual currency and has the power to dominate every other currency, so it carries a tremendous value, no currency can pass. . Second, we can talk about its speed and convenience. We can make all transactions quickly and conveniently, with just a few simple operations and our transactions can be completed, without any legal impact. In addition, there are a lot of other conveniences, but these are two basic reasons that make me like bitcoin.

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