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Topic: What do you like best about bitcoin? - page 161. (Read 173841 times)

hero member
Activity: 1106
Merit: 521
February 04, 2017, 06:44:14 PM
I like the fact that we can control our own financial freedoms, i just wish that i could get paid in the UK as my wage.
sr. member
Activity: 420
Merit: 250
February 04, 2017, 04:06:16 PM
the best part of bitcoin is that bitcoin new currency which enable us to make transaction across the globe with few taps and that too within a sort range of time and securely. the fact banking transaction requires the lot of time their transaction fees is too high as compared  bitcoin. and bitcoin is a transparent for of current which enable us to make sure that where the payment had been actually done or we have very transparent public ledger on which we could check the really of payment.
With regard to the speed of transactions, I think banking systems still have advantages. This is because banks operate centrally, but when centralization points are eliminated, it becomes difficult to maintain certain properties, such as faster transactions. However, I think things will be much better with improvements like Lightning Network.
That is because banks are run as a form of business to make sure that no money in your savings will lose. On the other hand Bitcoin is not run by anyone whether you are sending money or holding it in your Bitcoin wallet, the Bitcoin system will still be up and running. You have to understand that local transfer from bank to bank is free only international ones are with a fee because they need to convert it into your local currency.

If you want to send money overseas then I think sending it via bitcoins is the best as it involves very less fees and even the credits are instant and in same case banks charges you high fees and even transfers takes 24 to 48 hours to get credited into account so people who are using bitcoins will never prefer to go to banks or WU for money transfers as it can be easily done with bitcoins.
hero member
Activity: 1806
Merit: 672
February 04, 2017, 12:29:59 PM
the best part of bitcoin is that bitcoin new currency which enable us to make transaction across the globe with few taps and that too within a sort range of time and securely. the fact banking transaction requires the lot of time their transaction fees is too high as compared  bitcoin. and bitcoin is a transparent for of current which enable us to make sure that where the payment had been actually done or we have very transparent public ledger on which we could check the really of payment.
With regard to the speed of transactions, I think banking systems still have advantages. This is because banks operate centrally, but when centralization points are eliminated, it becomes difficult to maintain certain properties, such as faster transactions. However, I think things will be much better with improvements like Lightning Network.
That is because banks are run as a form of business to make sure that no money in your savings will lose. On the other hand Bitcoin is not run by anyone whether you are sending money or holding it in your Bitcoin wallet, the Bitcoin system will still be up and running. You have to understand that local transfer from bank to bank is free only international ones are with a fee because they need to convert it into your local currency.
hero member
Activity: 490
Merit: 500
February 04, 2017, 12:01:05 PM
It is quite versatile and easy to send any amount that you want too.
This is me is the most important quality of it. Wink
You do not need to give $0.02 or $0.01 if you do not want too. Instead you can cut a cent into multiple sections. Smiley
sr. member
Activity: 910
Merit: 251
February 04, 2017, 11:58:15 AM
For what I like in bitccoin is I want to experience money transfer using via bitcoin, Because I often used sending money to my relatives weekly. It makes feel curious about it, aside from sending money the other features was very amazing and pursuing me to be more aggressive on this matter.
sr. member
Activity: 454
Merit: 250
February 04, 2017, 08:43:49 AM
the best part of bitcoin is that bitcoin new currency which enable us to make transaction across the globe with few taps and that too within a sort range of time and securely. the fact banking transaction requires the lot of time their transaction fees is too high as compared  bitcoin. and bitcoin is a transparent for of current which enable us to make sure that where the payment had been actually done or we have very transparent public ledger on which we could check the really of payment.
With regard to the speed of transactions, I think banking systems still have advantages. This is because banks operate centrally, but when centralization points are eliminated, it becomes difficult to maintain certain properties, such as faster transactions. However, I think things will be much better with improvements like Lightning Network.
hero member
Activity: 882
Merit: 500
February 04, 2017, 08:15:02 AM
the best part of bitcoin is that bitcoin new currency which enable us to make transaction across the globe with few taps and that too within a sort range of time and securely. the fact banking transaction requires the lot of time their transaction fees is too high as compared  bitcoin. and bitcoin is a transparent for of current which enable us to make sure that where the payment had been actually done or we have very transparent public ledger on which we could check the really of payment.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
February 04, 2017, 06:41:13 AM
What is like most about Bitcoin is freedom of performing transactions on my own will at any time without being dependent on third party services that is main things along with everything else. At start confirmation time was bit annoying but for benefits it is understandable sometimes delays of confirmation.

They aren't really that annoying if you think about it, I mean if you want them to be confirmed faster you just put a higher transaction fee. The best thing is that you are your own bank. Nobody cares about you and nobody will be able to know who you are no matter what you're doing with the money.
That's what anonymity can do, we have to take advantage on that so we will be full freedom while we are spending our bitcoins online. It is the reason why people who does not trust the transparency of bank came here and push bitcoin to be the next big thing as digital currency.
As quoted the anonymity makes to have your own banking freedom. Personally the increased value which no other currency have got till date is the one which seems to be the best of bitcoin. Other than this the uniqueness as a technology getting acceptance as a payment portal is good when user rate increases a lot.
We can accommodate a lot of players, bitcoin is not only a currency but also an investment. We have investors and spenders here, therefore the interest of both parties will be serve by bitcoin. The investors are taking the chances to invest due to a great potential bitcoin has shown, but the success of bitcoin will be because of the people who spend and not those who hold only. We need to circulate it.
hero member
Activity: 994
Merit: 502
February 04, 2017, 06:21:38 AM
What is like most about Bitcoin is freedom of performing transactions on my own will at any time without being dependent on third party services that is main things along with everything else. At start confirmation time was bit annoying but for benefits it is understandable sometimes delays of confirmation.

They aren't really that annoying if you think about it, I mean if you want them to be confirmed faster you just put a higher transaction fee. The best thing is that you are your own bank. Nobody cares about you and nobody will be able to know who you are no matter what you're doing with the money.
That's what anonymity can do, we have to take advantage on that so we will be full freedom while we are spending our bitcoins online. It is the reason why people who does not trust the transparency of bank came here and push bitcoin to be the next big thing as digital currency.
As quoted the anonymity makes to have your own banking freedom. Personally the increased value which no other currency have got till date is the one which seems to be the best of bitcoin. Other than this the uniqueness as a technology getting acceptance as a payment portal is good when user rate increases a lot.
hero member
Activity: 2856
Merit: 667
February 04, 2017, 06:08:46 AM
What is like most about Bitcoin is freedom of performing transactions on my own will at any time without being dependent on third party services that is main things along with everything else. At start confirmation time was bit annoying but for benefits it is understandable sometimes delays of confirmation.

They aren't really that annoying if you think about it, I mean if you want them to be confirmed faster you just put a higher transaction fee. The best thing is that you are your own bank. Nobody cares about you and nobody will be able to know who you are no matter what you're doing with the money.
That's what anonymity can do, we have to take advantage on that so we will be full freedom while we are spending our bitcoins online. It is the reason why people who does not trust the transparency of bank came here and push bitcoin to be the next big thing as digital currency.
legendary
Activity: 1134
Merit: 1598
February 04, 2017, 05:55:09 AM
What is like most about Bitcoin is freedom of performing transactions on my own will at any time without being dependent on third party services that is main things along with everything else. At start confirmation time was bit annoying but for benefits it is understandable sometimes delays of confirmation.

They aren't really that annoying if you think about it, I mean if you want them to be confirmed faster you just put a higher transaction fee. The best thing is that you are your own bank. Nobody cares about you and nobody will be able to know who you are no matter what you're doing with the money.
hero member
Activity: 784
Merit: 1000
February 04, 2017, 05:38:04 AM
What is like most about Bitcoin is freedom of performing transactions on my own will at any time without being dependent on third party services that is main things along with everything else. At start confirmation time was bit annoying but for benefits it is understandable sometimes delays of confirmation.
sr. member
Activity: 476
Merit: 250
February 04, 2017, 04:47:19 AM
Because i can make a living with Bitcoin.
Governments fuck businesses in the ass even before they become profitable.
I can not pay taxes, but i would like to when i save money for couple big local businesses.
the state of life of the taxes that are paid by every resident. if each resident using bitcoin course the country will not have much income, the advantages of bitcoin, but it would be daunting for any country
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
February 04, 2017, 02:58:09 AM
Bitcoin has given me opportunity to earn money when I was jobless and I would have not known about bitcoin at that time then I would be in mental disaster and that is the thing I like about bitcoin that it helped me when I was going through a tough situation in my life both mentally and financially.

This is what I like with bitcoin too it helped me a lot when I was in times of needs, a lot of ways to earn and that's what I really like in bitcoin. Almost everything about it except those negative ones (if there are). Besides the usage of bitcoin is becoming popular nowadays because of its anonymity and that is why are loving it.
Youcan earn money in the real world if you have enough experience and some decent degrees. And it is certainly that they will pay you higher than working on the internet with Bitcoin. However, if you know how learn more about Bitcoin and its technique, also some knowledge about the IT, you will have more chance to earn a huge salary online with foreign people
hero member
Activity: 1092
Merit: 501
February 04, 2017, 02:27:26 AM


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

Bitcoin was very potentials and most people know that almost. Aside from being anonymous and associated with blockchain technology. Imagine you can receive money, and can send it  to your love ones , very safe and secured so what more could you ask for, and it doesn't need any permission to any corporation or governments because of its decentralization.
hero member
Activity: 490
Merit: 500
February 03, 2017, 10:53:11 AM
The most I like is the speed of the transaction and also ease of doing financial transactions. I could save time and also the mind. I want a practical matter, and bitcoin is the answer to everything,
for transaction speed can be very fast if you use a large fee, the conditional
yeah I agree also that bitcoin has easy to trade because you only need a wallet and make transactions

Agreed, bitcoin give us big facility to transfer amount in anywhere, it make our life easy. Otherwise before bitcoin i was using Western Union, and they fee very high. But bitcoin is great and trust-able technology, bitcoin is best for all matters of everyone's  life. We use it in investment, trading, gambling and online and also in open market.   
Another important aspect about using Bitcoin is that creating a wallet is a fairly simple process. I think this makes a big difference for people who want to avoid bureaucracy and for people who do not want to reveal personal information, in the way that is required in setting up bank accounts, for example.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
February 03, 2017, 10:26:44 AM
The most I like is the speed of the transaction and also ease of doing financial transactions. I could save time and also the mind. I want a practical matter, and bitcoin is the answer to everything,
for transaction speed can be very fast if you use a large fee, the conditional
yeah I agree also that bitcoin has easy to trade because you only need a wallet and make transactions

Agreed, bitcoin give us big facility to transfer amount in anywhere, it make our life easy. Otherwise before bitcoin i was using Western Union, and they fee very high. But bitcoin is great and trust-able technology, bitcoin is best for all matters of everyone's  life. We use it in investment, trading, gambling and online and also in open market.   
legendary
Activity: 1372
Merit: 1008
January 29, 2017, 06:55:49 PM
The most I like is the speed of the transaction and also ease of doing financial transactions. I could save time and also the mind. I want a practical matter, and bitcoin is the answer to everything,
for transaction speed can be very fast if you use a large fee, the conditional
yeah I agree also that bitcoin has easy to trade because you only need a wallet and make transactions
sr. member
Activity: 364
Merit: 250
January 29, 2017, 06:38:17 PM
Bitcoin has given me opportunity to earn money when I was jobless and I would have not known about bitcoin at that time then I would be in mental disaster and that is the thing I like about bitcoin that it helped me when I was going through a tough situation in my life both mentally and financially.
newbie
Activity: 42
Merit: 0
January 29, 2017, 06:29:30 PM
Because i can make a living with Bitcoin.
Governments fuck businesses in the ass even before they become profitable.
I can not pay taxes, but i would like to when i save money for couple big local businesses.
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