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Author Topic: Cryptocurrency has two advantages  (Read 12337 times)

Offline Azaleea

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Re: Cryptocurrency has two advantages
« Reply #45 on: February 04, 2019, 06:35:23 PM »
I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.

I think cryptocurrency  has many advantages.. It is decentralize platform,  anonymous  and secure for investing

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Re: Cryptocurrency has two advantages
« Reply #45 on: February 04, 2019, 06:35:23 PM »

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Offline chapcha

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Re: Cryptocurrency has two advantages
« Reply #46 on: February 04, 2019, 07:20:42 PM »
The big advantage is to become our investment. We know that there are a lot of people trying to get profits from investing in cryptocurrency. It is quite new way in digital investment, and also very potential to gain big income.

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Re: Cryptocurrency has two advantages
« Reply #47 on: June 14, 2019, 06:07:46 AM »
If all the popular coins destroyed some of them, it would be even better. Coins would become less-the price is more.

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Re: Cryptocurrency has two advantages
« Reply #48 on: June 24, 2019, 08:13:11 AM »
I think that the main advantage of cryptos is that they all have their own blockade where each transaction is recorded and this makes it impossible for some coin manipulation. Another advantage of cryptos is that you can store them at your computer on wallets, transfer crypto between purses and your friends . you can also trade crypto without any permissions

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Re: Cryptocurrency has two advantages
« Reply #49 on: June 24, 2019, 08:18:26 AM »
I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.
if what you just listed is what you consider as an advantage then you are wrong. Who ever told you that there are no price manipulation?  Well I suggest you read up news and do a lot of research to understand things better before you presume things
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Offline AltLogan

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Re: Cryptocurrency has two advantages
« Reply #50 on: June 24, 2019, 10:39:10 AM »
I think there are still many other advantages such as transparency, security and an irreversible transaction database.
Cryptocurrency is great for payment transactions because data security cannot be changed and everything will be stored safely on the blockchain

How security can be advantage of crypto?

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Re: Cryptocurrency has two advantages
« Reply #51 on: June 24, 2019, 03:36:03 PM »
I think that the main advantage of cryptos is that they all have their own blockade where each transaction is recorded and this makes it impossible for some coin manipulation. Another advantage of cryptos is that you can store them at your computer on wallets, transfer crypto between purses and your friends . you can also trade crypto without any permissions

Yes. They were made exactly for this reason. To avoid manipulation. They are performing well. Good projects will manage to stand the test of time, and their value will increase, as banks print fiat currency.

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Re: Cryptocurrency has two advantages
« Reply #51 on: June 24, 2019, 03:36:03 PM »


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Re: Cryptocurrency has two advantages
« Reply #52 on: June 24, 2019, 05:51:33 PM »
I don't think I will use Bitcoin for payment transactions?
That's because Bitcoin has a high fee for each transaction.
maybe I will use altcoin at a lower cost for transactions.
the ever-changing crypto price also makes me worry when investing a large amount. but this is crypto and nobody knows when we will profit.

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Re: Cryptocurrency has two advantages
« Reply #53 on: June 24, 2019, 06:53:00 PM »
I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.

Yes,  I agree  with your opinion mate. 
the number of coins can not be manipulated by anyone. I believe  No one can manipulate the crypto currency.
I think the basic factor is demand and supply.
It is the advantages of cryptocurrency, for investment  and payment method.
I believe  cryptocurrency  will be the future currency.

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Offline Prime

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Re: Cryptocurrency has two advantages
« Reply #54 on: June 24, 2019, 06:58:42 PM »
~snip~
How security can be advantage of crypto?

I don't know bro. Maybe he has a different view. For me, I am not sure that security is the reason for people to join in crypto space. There are too many hacking cases and manipulation prices. Moreover, volatility makes no guarantee for the rising values on crypto coins at anytime.
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Offline Debasco

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Re: Cryptocurrency has two advantages
« Reply #55 on: June 24, 2019, 08:05:59 PM »
Its can use to transact that is to purchase good and services and it can also serve as a means of investing at the same time
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Re: Cryptocurrency has two advantages
« Reply #56 on: June 24, 2019, 10:18:08 PM »
I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.

Hello friend, there are different between benefits and advantages of cryptocurrency. I think you have just mentioned two benefits of crypto, however there more than two benefits or advantages of cryptocrrency.
Now, these are some of the advantages of cryptocurrency.
1. Transactions
One of the advantages of cryptocurrency transactions is that they are one-to-one affairs, taking place on a peer-to-peer networking structure that makes “cutting out the middle man” a standard practice. This leads to greater clarity in establishing audit trails, less confusion over who should pay what to whom, and greater accountability, in that the two parties involved in a transaction each know who they are.

2.Asset Transfers
cryptocurrency contracts can be designed to add third party approvals, make reference to external facts, or be completed at a specified date or time in the future. And since you as the crypto holder have exclusive governance of your account, this minimizes the time and expense involved in making asset transfers.

3.More Confidential Transactions
Another great advantages of cryptocurrency is that each transaction you make is a unique exchange between two parties, the terms of which may be negotiated and agreed in each case. What’s more, the exchange of information is done on a “push” basis, whereby you can transmit exactly what you wish to send to the recipient – and nothing besides that.

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Offline Debasco

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Re: Cryptocurrency has two advantages
« Reply #57 on: June 25, 2019, 05:58:55 AM »
Has the advantage of been used as money to purchase goods or service in some country it can also be used as a means of investing thereby yielding income
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Offline Davenethan07

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Re: Cryptocurrency has two advantages
« Reply #58 on: June 25, 2019, 11:02:44 AM »
I'm sure everyone will know,
that each coin has a max supply,
and the number of coins can not be manipulated by anyone, and this is a good thing because everything is real and there is no manipulation of prices or amounts.
and the good thing is that we can make transactions as well as investments.
so there are two advantages in cryptocurrency, can be used as an investment, can also be used as a means of payment.

I think cryptocurrency  has many advantages.. It is decentralize platform,  anonymous  and secure for investing

I couldn't agree more to that, its not just having dual advantages as said here but the idea was too broad to mention. Being anonymous brought the advantages towards great success when perfect price will be meet.

Offline hemendrasingh

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Re: Cryptocurrency has two advantages
« Reply #59 on: June 25, 2019, 11:41:38 AM »
Having emerged as a digital alternative to more traditional methods of exchange like cash or credit cards, cryptographic or cryptocurrencies have also generated alternative points of view.

Here are some of the advantages of Cryptocurrency

1. Transactions

One of the advantages of cryptocurrency transactions is that they are one-to-one affairs, taking place on a peer-to-peer networking structure that makes “cutting out the middleman” a standard practice.

2. Asset Transfers

One financial analyst describes the cryptocurrency blockchain as resembling a “large property rights database,” which can on one level be used to execute and enforce two-party contracts on commodities like automobiles or real estate. But the blockchain cryptocurrency ecosystem may also be used to facilitate specialist modes of transfer.

3. Greater Access to Credit

Digital data transfer and the internet are the media facilitating the exchange in cryptocurrencies. So these services are potentially available to anyone who has a viable data connection, some knowledge of the cryptocurrency networks on offer, and ready access to their relevant websites and portals.

4. Strong Security

Once a cryptocurrency transfer has been authorized, it can’t be reversed as in the case of the “charge-back” transactions allowed by credit card companies. This is a hedge against fraud which requires a specific agreement to be made between a buyer and seller regarding refunds in the event of a mistake or returns policy.

 

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