What do you like best about bitcoin? - page 189.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: bitcollins85 on July 05, 2015, 12:29:54 PM

For me, it is about technology which I think is what makes bitcoin special. Who would have thought you could have a currency that is supported by the network maintained solely by the community. Nobody can shut it down, nobody can control it

well in theory miners can shut it down, in the remote case that it would not be profitable for them, and they are actually controlling bitcoin, the good thing is that they are not a single entity, like with fiat...

the whole POW is the real weakness of bitcoin

BTCevo

legendary

Activity: 1834

Merit: 1008

Quote from: michietn94 on July 05, 2015, 11:12:38 AM

It's anonymous. But the problem is for example someone try to purchase drugs using bitcoin. This become a new era of transaction without being notice.

There is pro and contra about it, it is just the same as fiat, you can't make something in a prefect condition, there will be some who support you and some who dont so just let it flow

Quote from: michietn94 on July 05, 2015, 11:12:38 AM

Quote from: Falconer on July 05, 2015, 10:49:10 AM

The best thing in bitcoin is, I can save it in my own bank, blockchain, and get full control of it. We don't need the teal banks anymore, and don't let them take our money.

The disadvantage IMO, what will happen if internet get shut by some accident or disaster... I think there's no way out to recover our bitcoin once that happen

Which disaster will cause that? Lets say if they got disaster they must have something to backup their internet and there is no way that they will shutdown the internet, because the new era which is going is online so everyone need online things, who didnt have any internet can't compete in outside

unamis76

legendary

Activity: 1512

Merit: 1012

Easy: it's decentralized and allows me to truly own my money while securely storing it

bitcollins85

full member

Activity: 235

Merit: 250

For me, it is about technology which I think is what makes bitcoin special. Who would have thought you could have a currency that is supported by the network maintained solely by the community. Nobody can shut it down, nobody can control it

lorylore

legendary

Activity: 1470

Merit: 1002

There are many things i like and i dont.
For example a good thing to bitcoin is that there are no chargebacks, it's private(not at all), and it's faster than international tx.

michietn94

legendary

Activity: 1274

Merit: 1001

It's anonymous. But the problem is for example someone try to purchase drugs using bitcoin. This become a new era of transaction without being notice.

Quote from: Falconer on July 05, 2015, 10:49:10 AM

The best thing in bitcoin is, I can save it in my own bank, blockchain, and get full control of it. We don't need the teal banks anymore, and don't let them take our money.

The disadvantage IMO, what will happen if internet get shut by some accident or disaster... I think there's no way out to recover our bitcoin once that happen

Falconer

legendary

Activity: 2660

Merit: 1141

The best thing in bitcoin is, I can save it in my own bank, blockchain, and get full control of it. We don't need the banks anymore, and don't let them take our money.

311

full member

Activity: 230

Merit: 100

Come original.

Quote from: coinableS on July 04, 2015, 03:38:59 PM

Bitcoin makes it so that just about anyone can start selling online. Previously one would have to use a shopping cart and sign up with a 3rd party payment processor in order to accept payments.

Wouldn't you really need an online shopping cart if you were selling things via bitcoin? People still prefer some sort of shop format to use and there are plenty of options many just occuring fees after you've sold a product but I'm sure there free versions too.

Xialla

legendary

Activity: 1036

Merit: 1001

/dev/null

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

there are many things I really like on bitcoin like blade-edge technology, development, opensource, decentralization...but on the top of it is of, which is quite important for me - freedom.

zenojb

newbie

Activity: 5

Merit: 0

I like Bitcoin because easy to get, and I hope Bitcoin can help me develop my business. Bitcoin help me to overcome financial problems :-)

coinableS

legendary

Activity: 1442

Merit: 1186

Bitcoin makes it so that just about anyone can start selling online. Previously one would have to use a shopping cart and sign up with a 3rd party payment processor in order to accept payments. Paying a transaction fee plus a subscription fee, it was ridiculous. Now with bitcoin you can create a small online shop and start selling your items with just a few lines of code. This is what I like the most about bitcoin.

trafficolaa

legendary

Activity: 1008

Merit: 1000

Bitcoin is the best coin and the true innovatory crypto currency that is best thing i like that, bitcoin is the future of the currency and that is another plus point when want safe and secure future investment in that who is ready for take off and can maximize your profit there.

BillyBones

full member

Activity: 168

Merit: 100

Quote from: btc-facebook on July 04, 2015, 12:41:44 PM

Other reason, fast transaction

You are lucky that you get fastest transactions, and I guess you haven't experienced the confirmations part that will put you in ripping your bones in case of huge transactions till the final results.

btc-facebook

legendary

Activity: 1862

Merit: 1015

I like it's potencial. I'm never expected that bitcoin has value more than $ 100. When you hold it, it means you're also try to invest just like you're holding a gold or property.
Other reason, fast transaction and low fee. Imagine, our local currency, can't do that but with bitcoin anything can happen. Purchase all stuff everywhere at anytime

kevinpaladin

member

Activity: 88

Merit: 10

I like almost everything about Bitcoins. However, the fact that the payments can be anonymous, easy and incredibly fast is what excites me the most.

Apart from that, yeah, owning Bitcoins makes me look cool.

GregH37

legendary

Activity: 1302

Merit: 1037

Best thing about bitcoin which i like is, this forum is easily reachable and understandable by everyone...A best platform to earn money and from this i get a lot of experience eg. how to talk with others, how to trade, etc...

Jeremycoin

legendary

Activity: 1022

Merit: 1003

𝓗𝓞𝓓𝓛

I love the way its work, cuz everyone can use it. So it makes me more easier to do an online shopping Grin

Oldminer

legendary

Activity: 1022

Merit: 1001

The thing I like best about bitcoin is it was the first coin.

Wait...that's the only thing I like about it too.....

jacktheking

legendary

Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

There is two reasons why I like Bitcoin. First it is hard to trace where my Bitcoin went to - privacy. Second I dont need to provide any information to create a wallet - again, privacy. So I use Bitcoin mainly because I dont want to expose myself.

Amph

legendary

Activity: 3248

Merit: 1070

there is one little thing that i like about bitcoin, and it is the fact that i do not need to write down my cvv everytime i make a purchase, i feel a bit insecure ,everytime they ask me for that, with bitcoin there is not this problem, you transaction are secure, info cannot be stolen while performing one, not to emntion that is much faster to do it

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