I am not against of anything but what i like most with BITCOIN?
that is their volitality/ i love the fragile of the price which gives me a lot.
now that the coin is gaining i am here waiting
Topic: What’s the SINGLE most valuable benefit for you in Bitcoin and why? - page 2. (Read 1285 times)
June 29, 2019, 03:57:35 PM
June 29, 2019, 03:25:30 PM
Nothing beats bitcoin when it comes to convenience and ease of transfer especially across borders. There are no 'gate keepers'mto monitor or approved your transaction while charging some hefty fee.
June 29, 2019, 08:04:45 AM
To me is that it can be anonymous. That if you just don't want certain entities not to know how much money you have, you can have it on a piece of paper, or in your computer.
but what if they will search your name or your bitcoin address on a bitcoin explorer ? they can still see your balances and transaction because bitcoin is not that anonymous . if you want real anonimity then go on private coins like monero . by the way , the most valueable benefit that bitcoin gave me is profit because i use my bitcoins as an investment tool and i can earn regular profits with it but aside from that , i also use my bitcoin as a payment method when i need to gave money for my family as they also have a bitcoin wallets installed on thier phone and they are far away from me .
June 29, 2019, 07:01:45 AM
I know there might be more, so feel free to add them or reply here and I’ll find a way to count them in and group then.
The goal here is to find some insights in what we are really investing in. Ex: some people say Bitcoin is valuable because is scarce and finite, therefore allowing a more stable economy. I would argue that, even if it is finite, if the holders or players in that finite economy have in unbalanced and excessive amount of Bitcoin then (or mining power, which is another topic but we cannot reason on it as the same level as BTC as it’s much more easily seizable in the physical world) then not much wouldn’t change to the current system, just the players ruling the monetary rules would differ.
In doing so and based on the answer, I’d like to argue all together on what stands true, and therefore, find what we’re really “value investing” in.
PS: To the mention above topic of finite supply it can be added that forks and forks can be “created out of thin air” and parallel economies created etc. So to me it doesn’t sound much as a convincing value as proven so far, but I might be wrong on it and would like to see why ASAP in that case.
The goal here is to find some insights in what we are really investing in. Ex: some people say Bitcoin is valuable because is scarce and finite, therefore allowing a more stable economy. I would argue that, even if it is finite, if the holders or players in that finite economy have in unbalanced and excessive amount of Bitcoin then (or mining power, which is another topic but we cannot reason on it as the same level as BTC as it’s much more easily seizable in the physical world) then not much wouldn’t change to the current system, just the players ruling the monetary rules would differ.
In doing so and based on the answer, I’d like to argue all together on what stands true, and therefore, find what we’re really “value investing” in.
PS: To the mention above topic of finite supply it can be added that forks and forks can be “created out of thin air” and parallel economies created etc. So to me it doesn’t sound much as a convincing value as proven so far, but I might be wrong on it and would like to see why ASAP in that case.
For now, i use it to trade to make money, and i also receive payments through it
You need to start holding on more to the valuable function of bitcoin, which is to make payment for your services and for your goods easily without any form of stress, too many involvement or delay in fund processing, and the fact that you can conduct your transactions off the eye of government or any organization that has been a pest on your neck as regards your financial transactions.
June 28, 2019, 10:05:45 PM
To me is that it can be anonymous. That if you just don't want certain entities not to know how much money you have, you can have it on a piece of paper, or in your computer.
June 28, 2019, 07:04:46 PM
Except profit, we all like to make profit, from the beginning of my crypto journey I felt like I have a purpose, like I`m doing something meaningful. We are changing the world with using crypto, and I`m glad that I`m a part of something so huge. It`s more than just a profit, profit is just a cherry on the top.
Thank you all for being so awesome, to be here despite everything. We had many ups and down, but now we are sure that crypto is here to stay with bitcoin on the top. We are part of something great here, we should be proud, bitcoin wouldn`t be here without all of us!
Thank you all for being so awesome, to be here despite everything. We had many ups and down, but now we are sure that crypto is here to stay with bitcoin on the top. We are part of something great here, we should be proud, bitcoin wouldn`t be here without all of us!
June 28, 2019, 05:48:02 AM
I consider bitcoin as a long term type of investment. I started with bitcoin about 2 years ago, although I'm not updated with all that is happening I casually visit my trading site and check on my bitcoins and alts.
It may not be safe storing bitcoin and altcoin to a trading website as you don't have complete control on your cryptos there. Once that site have been hacked or your account has been hacked you won't recover them anymore. It's better to store them on a wallet where you can access it using a private key. It's more safe there and hackers can't steal your cryptos. Just make sure to have a backup of it so you can recover it on any device you want.
June 28, 2019, 12:44:58 AM
You should at least add up on the poll;
-Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
-Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
I don't have a particular choice on the poll until this one. This, personally, is my primary reason or primary benefit that bitcoin gives me. And that is, of course, through signature campaigns. It doesn't allow me to exert much physical efforts. Just by having a stable internet connection and my smartphone here with me, I am able to earn money. Plus I can learn from others here and some can also learn from me so it's a win-win situation.
June 27, 2019, 08:40:31 AM
Bitcoin gave me a lot of opportunity. From the moment I joined this forum, it gives me an open ecosystem. A kind of ecosystem that I don't expect I will earn. I thought online is just full of scams but when I have been part of bitcoin and crypto industry, I made a lot. Thanks to the person who shared this stuff for me. I don't earned more than 1700 dollars without him.
June 27, 2019, 07:55:44 AM
Transaction has been the most important thing for me and that's the main reason why I started making use of Bitcoin and not because of the volatility and for investment. When I started making use of Bitcoin the maintain I was using it for was transaction, sending and receiving money from people I was working with back then. And I don't even store Bitcoin in my wallet, once I get it I just exchange it for fiat immediately. But after making use of it for transactions for a long time, I then decided that it was time that I start investing in it, which is what I'm doing now as well.
June 27, 2019, 06:14:04 AM
You should at least add up on the poll;
-Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
-Benefit on making money online
I do highly believe that most people would really choose this up yet Btc do benefit most people here on this market
on making money excluding into its main purpose which is p2p transactions.
I don't have a particular choice on the poll until this one. This, personally, is my primary reason or primary benefit that bitcoin gives me. And that is, of course, through signature campaigns. It doesn't allow me to exert much physical efforts. Just by having a stable internet connection and my smartphone here with me, I am able to earn money. Plus I can learn from others here and some can also learn from me so it's a win-win situation.
June 26, 2019, 11:58:27 PM
the benefit is bitcoin is my investment also my wallet too, bitcoin wallet is safe and no one know I have money there even my family :p
June 26, 2019, 11:54:30 PM
I consider bitcoin as a long term type of investment. I started with bitcoin about 2 years ago, although I'm not updated with all that is happening I casually visit my trading site and check on my bitcoins and alts.
June 20, 2019, 12:33:48 PM
Even it is risky, bitcoin is very profitable for both trading and long term holding. You only need to learn on how to handle bitcoin effectively so you can gain substantial benefits from it. The continuing adoption of bitcoin will further boost the price of it and this will also benefits many investors that been holding their coins for some months or years. Bitcoin provide many benefits but the most important benefit for me is that no one control it, not even the governments.
Why is everyone afraid of government LOL. I guess this is really a battle line that has been drawn between cryptocurrency users and the government as regards financial tools. For me, that is not what is outstanding to me in cryptocurrency, the fact that I can conduct my transaction easily and fast without much restriction, which I will still say has to do with government though, but the restriction of not being able to make payment to some other parts of the world easily because of the distance despite the existence of credit cards and western union which Bitcoin has completely solved is what makes me crazily in love with cryptocurrency more.
June 26, 2019, 06:06:34 PM
I know there might be more, so feel free to add them or reply here and I’ll find a way to count them in and group then.
The goal here is to find some insights in what we are really investing in. Ex: some people say Bitcoin is valuable because is scarce and finite, therefore allowing a more stable economy. I would argue that, even if it is finite, if the holders or players in that finite economy have in unbalanced and excessive amount of Bitcoin then (or mining power, which is another topic but we cannot reason on it as the same level as BTC as it’s much more easily seizable in the physical world) then not much wouldn’t change to the current system, just the players ruling the monetary rules would differ.
In doing so and based on the answer, I’d like to argue all together on what stands true, and therefore, find what we’re really “value investing” in.
PS: To the mention above topic of finite supply it can be added that forks and forks can be “created out of thin air” and parallel economies created etc. So to me it doesn’t sound much as a convincing value as proven so far, but I might be wrong on it and would like to see why ASAP in that case.
The goal here is to find some insights in what we are really investing in. Ex: some people say Bitcoin is valuable because is scarce and finite, therefore allowing a more stable economy. I would argue that, even if it is finite, if the holders or players in that finite economy have in unbalanced and excessive amount of Bitcoin then (or mining power, which is another topic but we cannot reason on it as the same level as BTC as it’s much more easily seizable in the physical world) then not much wouldn’t change to the current system, just the players ruling the monetary rules would differ.
In doing so and based on the answer, I’d like to argue all together on what stands true, and therefore, find what we’re really “value investing” in.
PS: To the mention above topic of finite supply it can be added that forks and forks can be “created out of thin air” and parallel economies created etc. So to me it doesn’t sound much as a convincing value as proven so far, but I might be wrong on it and would like to see why ASAP in that case.
For now, i use it to trade to make money, and i also receive payments through it
June 25, 2019, 04:44:59 AM
I appreciate having an asset that I don't need to rely on anyone else to hold. I also think that Bitcoin is the first in a brilliant and ambitious quest to find a successful way of enabling decentralized consensus. I want to be involved in that process.
June 25, 2019, 03:42:56 AM
Most benefit of crypto currency is transferring huge amount without much effort if it is done via fiat lot of process needs to be cleared and also we need to give the source of that money or our account is in the danger of blocked.
But lot other benefits as mention in the pool.
This aspect of it would really be of more beneficial to large scale industries who need to move large amount of money from time to time without having it get delayed by government through their unnecessary verification's just to calculate what will be their benefits there, it will even save them more cost compared to the charges the authority will slam on them for transacting business with such huge amount of money. But lot other benefits as mention in the pool.
It is also beneficial to individual,because I have seen case where money that means nothing to you get queried on by the bank, and you even get lots of policies that will restrict the account for operating such amount of money without opening a special account, but with crypto, everyone has equal right to amount of transaction that can be carried out using cryptocurrency.
June 19, 2019, 02:36:52 AM
There is no other purpose apart from the main purpose that Bitcoin was meant for which is for fast and cheap transaction. Lately I have been seeing news that people will no longer be able to transact up to $1000 worth of BTC without verifying their ID🤔. But I don't even know if this is true or not, just saw it on one news, so I don't know if its true. My only purpose for making use of cryptocurrency has been for transaction, and investment as well… but I don't invest all the time and I do trade as well.
June 23, 2019, 02:10:26 PM
Aside from the fact that it is a very valuable and proven to be very profitable investment vehicle, bitcoin can makes payment seamless and fast even if one is located in the other half of the globe. I know there can be maybe a faster way to send payment but with bitcoin we are not anymore dealing with financial intermediaries like banks or remittance centers. I know there are also alts that maybe better than bitcoin but since they are not as popular or pervasive as bitcoin they are not called alts for nothing. Now, to make things a little bit romantic, bitcoin is putting the control and freedom right into our fingertips -- something that the government monopolized before.
Indeed, bitcoin is a very profitable investment especially now that the coin is showing its bullish trend, also making payments is fast is really convenient and stress free because it can be transferred in a span of like max of 30 mins regardless of where are you located.
June 23, 2019, 01:58:17 PM
i consider bitcoin as only an investment yet. so the benefit is it is really profitable. that is the only benefit. i dont think it is enough practible for daily usages yet. because of its network size is not so big.
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