what you like best in Bitcoin ? - page 112.

nerFohanzo

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Quote from: HarryKPeters on December 20, 2015, 01:20:24 PM

Quote from: Altynbekova on December 20, 2015, 11:01:49 AM

I cna't get being used that the fees are so low.
Every transaction you safe so much on fees. Be it a purchase or simple trade, I earn a lot on not paying these ridiculous fees the banks charges us.

The fees are the main reason to use bitcoin. If just people were aware of this, banks would have no reason to exist anymore, or they would adapt their fees right away.
Remember the moment you know how to use bitcoin and experience the control you have, you will never stop using bitcoin..

Low fees and low transaction costs are the main reasons why people are attracted towards bitcoins, as it is comparatively very low as compared to banks or western union where they charge heavily on their customers, it was monopoly for bank and exchanges but with the existence of bitcoins it has lowered down their customer base and people are turning toward bitcoins as the fees are too low.

Bugf1x

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It's not from the government

HarryKPeters

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Quote from: Altynbekova on December 20, 2015, 11:01:49 AM

I cna't get being used that the fees are so low.
Every transaction you safe so much on fees. Be it a purchase or simple trade, I earn a lot on not paying these ridiculous fees the banks charges us.

The fees are the main reason to use bitcoin. If just people were aware of this, banks would have no reason to exist anymore, or they would adapt their fees right away.
Remember the moment you know how to use bitcoin and experience the control you have, you will never stop using bitcoin..

Altynbekova

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Activity: 476

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I cna't get being used that the fees are so low.
Every transaction you safe so much on fees. Be it a purchase or simple trade, I earn a lot on not paying these ridiculous fees the banks charges us.

HarryKPeters

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Having no other party in control except myself makes bitcoin the no 1 currency.

Whenever i need to make a transaction, i can do it. No limits, no waiting time and no high fees. It's the best!

adicted

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Definitely the freedom I get with it since no one controls it, even the government. Also the convenience I experience with bitcoin and having small fees sending "money" online made me more in love with bitcoin. Actually there are more reasons but I just stated the best of the best.

ThunderThomas

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Quote from: mirana12345 on December 18, 2015, 05:27:23 PM

Quote from: cryptprofit on December 17, 2015, 03:28:55 AM

If there goes world war 3, I just need a papper wrapped with plastic to secured my own wealth. If the world war 3 ended, I can just withdraw what it left on there Cheesy

Cheers by cryptprofit

If you're going in that direction, you could lose that paper wallet and go for a more tough alternative as paper wallet made of
titanium - no need for bags or anything!. Bitcoin really is the best mobile store of value, and that's what i like about it as well.

There are a lot of reasons as to certain things I like about bitcoins. The ones you called out are the ones I like the most. I can save my bitcoins on so many locations, I don't have to depend on anyone to store or access my bitcoins. I can use it wherever and whenever I want.

target

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Quote from: grandFX on June 28, 2015, 01:40:44 PM

many web service accept payments in the form of bitcoin
and some even sell their home for the stuff

I like bitcoin. Wink

i just read that thread. definety going to earn much when value goes up. he's a canadian and the house was actually from his father.

thats the best thing about btc, its value.

kyrios_

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Activity: 210

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Quote from: betohell on December 19, 2015, 12:10:48 PM

Quote from: kyrios_ on December 18, 2015, 11:55:31 PM

Quote from: betohell on December 18, 2015, 05:47:56 PM

Quote from: safari88 on December 14, 2015, 08:15:05 AM

The first can be turned into money Cheesy

easy to use, low transaction costs and could create its own bank

for now if you're wearing a little transaction cost. delivery time to obtain 1 confirmation only, will require a very long time right. that is problems exist in bitcoin right now

I don't understand the create your own bank part, how is that a plus? can't u keep your cash as physical money and u have such a thing? or is this regarding to money supply manipulation by governments and banks?

I agree with confirmation time being too long, if only they accept 0 confirmstions

I think he mean is like tag line on blockchain "Be your own bank" LOL
you can faster transaction if you add the fee cost, but some people don't want to spend others money for shipping cost

what does being your own bank entail? you have control over your money and no one else does? regarding transaction times, even if yours is the first to get confirmed, it'll take at least 10 minutes before it is confirmed. IMO for physical translations such as those purchases at a stall, it'll be too slow

betohell

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Activity: 476

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Quote from: kyrios_ on December 18, 2015, 11:55:31 PM

Quote from: betohell on December 18, 2015, 05:47:56 PM

Quote from: safari88 on December 14, 2015, 08:15:05 AM

The first can be turned into money Cheesy

easy to use, low transaction costs and could create its own bank

for now if you're wearing a little transaction cost. delivery time to obtain 1 confirmation only, will require a very long time right. that is problems exist in bitcoin right now

I don't understand the create your own bank part, how is that a plus? can't u keep your cash as physical money and u have such a thing? or is this regarding to money supply manipulation by governments and banks?

I agree with confirmation time being too long, if only they accept 0 confirmstions

I think he mean is like tag line on blockchain "Be your own bank" LOL
you can faster transaction if you add the fee cost, but some people don't want to spend others money for shipping cost

kyrios_

full member

Activity: 210

Merit: 100

Quote from: betohell on December 18, 2015, 05:47:56 PM

Quote from: safari88 on December 14, 2015, 08:15:05 AM

The first can be turned into money Cheesy

easy to use, low transaction costs and could create its own bank

for now if you're wearing a little transaction cost. delivery time to obtain 1 confirmation only, will require a very long time right. that is problems exist in bitcoin right now

I don't understand the create your own bank part, how is that a plus? can't u keep your cash as physical money and u have such a thing? or is this regarding to money supply manipulation by governments and banks?

I agree with confirmation time being too long, if only they accept 0 confirmstions

betohell

sr. member

Activity: 476

Merit: 250

Quote from: safari88 on December 14, 2015, 08:15:05 AM

The first can be turned into money Cheesy

easy to use, low transaction costs and could create its own bank

for now if you're wearing a little transaction cost. delivery time to obtain 1 confirmation only, will require a very long time right. that is problems exist in bitcoin right now

thirdchance57

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Activity: 190

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★Bitvest.io★ Play Plinko or Invest!

I personally like the fact that if I make a payment or receive a payment, it is final and no one can stop that payment. This provides security to me as a small re seller and also as a customer. This allows me to verify a payment has been sent and also verify all payments received. I have been reading through the posts made recently about this and I think it is the most secure form of payment out there at this time.

mirana12345

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PM me to buy traffic for your site!

Quote from: cryptprofit on December 17, 2015, 03:28:55 AM

If there goes world war 3, I just need a papper wrapped with plastic to secured my own wealth. If the world war 3 ended, I can just withdraw what it left on there Cheesy

Cheers by cryptprofit

If you're going in that direction, you could lose that paper wallet and go for a more tough alternative as paper wallet made of
titanium - no need for bags or anything!. Bitcoin really is the best mobile store of value, and that's what i like about it as well.

BowYang

newbie

Activity: 40

Merit: 0

The low transaction fees and that i can store it on my computer but not on my bank. So it is just like cash.

Imoote

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Activity: 714

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Quote from: hendra147 on December 17, 2015, 01:16:41 AM

bitcoin is easy to use we can register without email, id card etc.
also nothing could be banned my address this is like you have "real bank"

Yaa bitcoin made it easier for us to collect coins
And bitcoin is not difficult for users to withdraw money

tn211

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Quote from: cryptprofit on December 17, 2015, 03:28:55 AM

If there goes world war 3, I just need a papper wrapped with plastic to secured my own wealth. If the world war 3 ended, I can just withdraw what it left on there Cheesy

Cheers by cryptprofit

You sure and what if the internet is gone when World War 3 happens or there is not power because a lot of people died and city is destroyed.
We will see about that if you can still withdraw your money. Maybe your paper wallet will get destroyed because of a tank or other things.

kyrios_

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Activity: 210

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Quote from: ?? on ??

Love the fact all money stored is MINE not the governments, I have complete control, i don't know why at 18 i feel like that but i do....

I also like instant transfers and almost 0 transfer fees.

won't you be able to that yourself? just hold cash

mad.enchantment

newbie

Activity: 42

Merit: 0

I like the easy to use and speed of transaction part when dealing with other people online in addition to the privacy it offers, it's not reversible and unliked like PayPal and you actually like being a part in the system. The no-centralized system make me feel confidence about it's long term durability and the fact that it won't close overnight.

cryptprofit

newbie

Activity: 8

Merit: 0

If there goes world war 3, I just need a papper wrapped with plastic to secured my own wealth. If the world war 3 ended, I can just withdraw what it left on there Cheesy

Cheers by cryptprofit

Topic: what you like best in Bitcoin ? - page 112. (Read 162354 times)