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Topic: What do you like best about bitcoin? - page 177. (Read 173841 times)

member
Activity: 70
Merit: 10
December 13, 2016, 09:32:51 PM
the best thing to do with bitcoin is that  earn bitcoin whole month around and sell the bitcoins when u  reach a certain threshold,and u can use it like a part time job where u can get selling those bitcoins you can buy those necessary things and earn a better livelihood.
legendary
Activity: 1512
Merit: 1000
December 13, 2016, 09:01:34 PM
What do you like best about bitcoin?
Decentralization, transparency or easier to move?
Or just it makes you look cool? Wink

Yep, all of the above. Also it is very gambler friendly. I don't have to verify my ID when I use it. I don't have to risk my identifying info or any bank account/credit card info when I use it. I can move it around easily and cheaply. I can make micro-transactions easily.
hero member
Activity: 644
Merit: 500
December 13, 2016, 04:20:33 PM
The most important thing that i like in bitcoin is transaction fee is very low as well we can transfer bitcoin to any part of the world with very little transaction fee, the value of bitcoin is also high it's keep changing as many people are keep trading and also daily many new bitcoin fans are keep buying the bitcoin and holding the bitcoins.
Most of the people are using bitcoin because they like that bitcoin has a lower fee in transacting it , Thatd true even at the other side of the world you can send it with a very little transaction fee if you compared it to other remitance center

Yes,low transactions fees is one of the best advantages of bitcoin which we like very much.Also bitcoin is giving people opportunity to make money easily and make our life happier.Also bitcoin price is increasing day by day, it's also a reason to people interested on it.
It also give us the opportunity to transact our money to any part of the world. In transactions of bitcoin there is no any restriction to send it to any country you can even send it to those countries where the government has forbid it for their citizens as the government do not know about bitcoin transactions that it is made from its country.
legendary
Activity: 1274
Merit: 1004
December 13, 2016, 04:17:36 PM
sure its the best think to show off, but only the person understands about cryptocurrency will find it cool others will think we are rhe fools :p i love the chain trasaction system in this network and thetrasparacy at all of the top.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
December 13, 2016, 03:36:09 PM
Well, when it comes to savings bitcoin can offer us great interest than in bank. Maybe I can call myself lucky because my deposits in banks receives interest in a quarterly basis but still not lucky enough because I understand that only the amount increase but the value does not grow if you know what I mean. It's the inflation thing.. Angry
Of course the best to part of bitcoin must be its investment opportunities. I am also earning better than my bank saving with bitcoin.

I have invested into bitcoin when bitcoin was around $225 last year and my investments are got tripled whereas my bank will take more than seven years to double my capital.
That is great dude, obtaining such profits is one of the benefits for those that invest in bitcoin, however i don't know were you live but in my country it will take forever to double my capital by just leaving my money in the bank and that is without taking in account inflation.
legendary
Activity: 3514
Merit: 1280
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December 13, 2016, 02:39:56 PM
I have invested into bitcoin when bitcoin was around $225 last year and my investments are got tripled whereas my bank will take more than seven years to double my capital.

Just out of interest, you say that you need more than seven years to double your money through banks, but doubling in what way? By interest that you are generating? If so, then it's not even possible to gain 50% in 10 years if you look at the current poor interest rates. Even not years ago since the interest rates have been in decline for plenty of years now. If you look at what are the better interest rates today, then 1.5-2% will be somewhat of the maximum. All other rates are below 0.5% annually. That's why I don't consider saving money in return for interest to be an investment.

That greatly depends on the country

Or rather on the price inflation in that country since it may change from year to year. If the local currency is being devalued fast, it is not surprising to see double digits paid as interest on deposits. Obviously, that doesn't mean that inflation will be less than this interest, so may lose more than acquire in the end in terms of purchasing power. On the other hand, the inflation rate may go down significantly over time, but if you opened a long term deposit with a fixed interest (which is almost always the case), say, for a few years, you may reap handsome profits even from a bank (but they will hate you as hell after that). I myself had profited from exactly that situation just a couple of years ago
full member
Activity: 294
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Life is a game, you either play it or get played.
December 13, 2016, 01:31:31 PM
The fact that no conversion fees exist across international scale... I love how a wallet can be accessed anywhere as well with way less complication than a bank.

To exaggerate the expression Bitcoin is still releasing more as an establishing economy than any other paired with it, (excluding cross-multi alternative coin functions.)
sr. member
Activity: 294
Merit: 250
December 12, 2016, 11:11:12 AM
The most important thing that i like in bitcoin is transaction fee is very low as well we can transfer bitcoin to any part of the world with very little transaction fee, the value of bitcoin is also high it's keep changing as many people are keep trading and also daily many new bitcoin fans are keep buying the bitcoin and holding the bitcoins.
Most of the people are using bitcoin because they like that bitcoin has a lower fee in transacting it , Thatd true even at the other side of the world you can send it with a very little transaction fee if you compared it to other remitance center

Yes,low transactions fees is one of the best advantages of bitcoin which we like very much.Also bitcoin is giving people opportunity to make money easily and make our life happier.Also bitcoin price is increasing day by day, it's also a reason to people interested on it.
legendary
Activity: 2492
Merit: 1145
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December 12, 2016, 10:58:37 AM
The most important thing that i like in bitcoin is transaction fee is very low as well we can transfer bitcoin to any part of the world with very little transaction fee, the value of bitcoin is also high it's keep changing as many people are keep trading and also daily many new bitcoin fans are keep buying the bitcoin and holding the bitcoins.
Most of the people are using bitcoin because they like that bitcoin has a lower fee in transacting it , Thatd true even at the other side of the world you can send it with a very little transaction fee if you compared it to other remitance center
sr. member
Activity: 658
Merit: 251
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December 12, 2016, 04:02:35 AM
The most important thing that i like in bitcoin is transaction fee is very low as well we can transfer bitcoin to any part of the world with very little transaction fee, the value of bitcoin is also high it's keep changing as many people are keep trading and also daily many new bitcoin fans are keep buying the bitcoin and holding the bitcoins.
hero member
Activity: 798
Merit: 506
December 12, 2016, 03:54:34 AM
What I like best at the moment is the savings part of bitcoin.
Every time I buy coins and make a payment with it, that what I bought too much goes into my savings wallet.
And due to the increase of price this amount is growing.
The best part: Nobody else than me knows about it!

Agreed, bitcoin provide new way to saving which different with banks regulation that has high fees, and the best of it of course the value of your savings always increases. Bitcoin is new banking system without banks, I like the idea of send our bitcoin to every corner of the world as long as there is an online network there without any borders regulations or restrictions.
hero member
Activity: 700
Merit: 500
December 12, 2016, 02:44:07 AM
What I like the most about of bitcoin is the capability of having a wallet without any cumbersome requisites like, id or stuff like that, you simply download the software and you have a wallet, no one else but you needs to know that you are the owner of that wallet and that is great.
Yeah, I do agree so. We do not have to provide our ID and paper in order to registered a wallet. You can download it anywhere online or if you are a coder expert, you can create your own wallet too. Besides, it is not necessary worrying about losing your Bitcoin because is is well secured by wallet developer and Bitcoin source-code itself.
The problem is that to buy Bitcoin, most websites require your ID which kinda sucks. But I can understand why they need it from a security perspective. Other than paypal, there is no good way to buy Bitcoin. Even paypal isn't very secure at all.
hero member
Activity: 896
Merit: 500
December 12, 2016, 02:29:23 AM
I like bitcoin because I earning additional income from here with a pretty good amount Grin Moreover I have the freedom to manage my bitcoin so I was free to use it. I also like to fluctuations in bitcoin so I could use it to make a profit if prices rise. In addition to the transparency of the system, I could easily know the amount of bitcoin I receive and get all of the summary of the transaction. Low transaction costs also made me very like with bitcoin
sr. member
Activity: 826
Merit: 256
December 12, 2016, 01:37:04 AM
Aside from that said features, like no one know who holds a particular bitcoin address, sending a transaction that is digitally signed and is secure, and owning solely the private key, you can also  create you own money by mining it if you have mining machines to be use.
sr. member
Activity: 280
Merit: 252
Xavier
December 12, 2016, 01:14:25 AM
The things I like about Bitcoins are:
* It is anonymous and privacy is your first priority.
* It is fast and easy to use, and transactions are secure.
* It is traceable and the price varies which gives us an upper hand while selling.
* It connects all of us in this forum.
newbie
Activity: 14
Merit: 0
December 12, 2016, 12:43:13 AM
for me i will say that bitcoin has a great future in time to come because most people are really willing  to get all that right of transaction in teams monetary policy and people we see it as means to grow their money very fast because its monetary potential is high and almost as equal to US dollar .
hero member
Activity: 1666
Merit: 502
December 11, 2016, 08:08:49 PM
I really like how bitcoin become popular and how it price keep on increasing.  I also like the feature of bitcoin, the instant transaction (forget about the confirmation)  the ability to send the coins anywhere in the world without bank.  The active developer and the upcoming updates of bitcoin.
i thinking same, don't forget you can also get bitcoin easily in this forum like participated in SC and bitcoin is best digital currency in worl wide
full member
Activity: 184
Merit: 100
December 11, 2016, 07:17:08 PM
I really like how bitcoin become popular and how it price keep on increasing.  I also like the feature of bitcoin, the instant transaction (forget about the confirmation)  the ability to send the coins anywhere in the world without bank.  The active developer and the upcoming updates of bitcoin.
sr. member
Activity: 420
Merit: 250
December 11, 2016, 07:11:08 PM
The thing that i love in bitcoin is the easy way to transfer money or to invest you just put the address easily and send not like paypal and bitcoin has many good benefits like shopping online using bitcoins, you can earn easily withouy investment or you can earn good if you invest so much money.
hero member
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December 10, 2016, 01:39:54 PM
I like it because I believe it is a great option for payment while letting the value of Bitcoins Grow gradually. Also I like it because of its simplicity or user friendly and a great option to buy sell online without any hassle at some extent.
so many good things and draw from bitcoin, especially for a beginner, new to the business world. Well, have a bitcoin transaction quickly, and I think bitcoin fairly easy to get and grown. Well, so many ways to make bitcoin be more, you just need to see what suits you
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