Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Altcoin1998$ on November 21, 2020, 01:44:59 AM
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Bitcoin is the best online virtual cryptocurrency (thin air currency""donald trump""")) but it has some benefits which interesting people to involve in bitcoin.
###User Autonomy. The primary draw of bitcoin for many users, and indeed one of the central tenets of cryptocurrencies more generally, is autonomy.
###Discretion.
###Peer-to-Peer Focus.
###Elimination of Banking Fees: bitcoin reduces more banking transactions fees and increase speed of transactions.
###Very Low Transaction Fees for International Payments.
###Mobile Payments: we can easily pay payments through mobile within seconds or minutes.
###Accessibility: all classes of investors, traders, holders are accessible in bitcoin.
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Perfect!
All financial transactions in the world are very true when Bitcoin is present on the cryptocurrency market.
I have never sent money using VISA or Master Card to various countries but indirectly when I sent Bitcoin to Binance where there were traders from all over the world, I felt this was a technological advancement, where I could send money to various countries easily, fast, safe and precise.
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Very nice list, couldn't agree more! The only one I would add would be:
### Unconfiscatable. It isn't possible to confiscate assets from those who own them.
:)
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Many have made a beautiful post. I thank you so much for such a beautiful post. In fact, Bitcoin is a coin that can be traded for billions of rupees in a matter of moments. I can see that I can send from one to another at a very low cost. We like all these benefits very much.
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We make good profit in the market if we trade in it becasue so many peoples are start trading in the crypto market and they make good money in it on daily and weekly basis and now the good time for trading becasue market movement is very fast and we make good money through but and sell the BTC.
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Bitcoin is the best online virtual cryptocurrency. Most of the people in the world cryptocurrencies market directly and indirectly use bitcoin as their daily purposes.
Less transactions fees
More durable
Very fast
No third parties presences
P2P
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I totally agree with that statement. And indeed the benefits of Bitcoin are very real. And just waiting for the time to be implemented as well. Not only good for investment but also very good for transactions, especially between countries.
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Bitcoin is the best online virtual cryptocurrency (thin air currency""donald trump""")) but it has some benefits which interesting people to involve in bitcoin.
###User Autonomy. The primary draw of bitcoin for many users, and indeed one of the central tenets of cryptocurrencies more generally, is autonomy.
###Discretion.
###Peer-to-Peer Focus.
###Elimination of Banking Fees: bitcoin reduces more banking transactions fees and increase speed of transactions.
###Very Low Transaction Fees for International Payments.
###Mobile Payments: we can easily pay payments through mobile within seconds or minutes.
###Accessibility: all classes of investors, traders, holders are accessible in bitcoin.
Thank you very much brother. You have shared many important things. I got a pretty good idea about the benefits of Bitcoin from your post. You can always learn something from your post. Thank you.
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I think the less mentioned profit factor is
### Safe (Not Easy to Hack)
Bitcoin is protected by complex cryptographic passwords to keep it safe and is issued through the mining process, miners who use sophisticated computers to solve complex mathematical problems. This method is called Proof of Works and is a solution to the bitcoin network.
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Bitcoin is considered to be one of the best currencies for digital transactions. Bitcoin is used the most by various commercial organizations around the world through investments and transactions. They are recognized by the world's largest companies or organizations for having the most transactions. In some countries Bitcoin can be transacted through banks. Worldwide it will be possible.
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###Elimination of Banking Fees: bitcoin reduces more banking transactions fees and increase speed of transactions.
###Very Low Transaction Fees for International Payments.
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The fee for Bitcoin is very high, so we do not make transfers in Bitcoin. There are more advantageous options in the crypto world that work with banks. Bitcoin is just a good investment for me right now.
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That's true, as a virtual currency, Bitcoin can have some advantages that some of them you already stated above. However, the most advantages for me are about 2 things.
1. Lower transaction fees
2. Can be sent anywhere around the world easily
These are truly great benefits of Bitcoin as a virtual currency. As Satoshi stated, Bitcoin will eliminate the need of the parties. So, without the third parties, everything can be simpler and easier to do ourselves.
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You posted a very good post about bitcoin coins I support in your post. Thank you for such a post.
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Thank you so much for making this post so beautiful. In fact, some things we may not even know. There are many unknown things that we can learn from everyone. We will always be in the know so we can learn something in life.
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Bitcoin is the best online virtual cryptocurrency (thin air currency""donald trump""")) but it has some benefits which interesting people to involve in bitcoin.
###User Autonomy. The primary draw of bitcoin for many users, and indeed one of the central tenets of cryptocurrencies more generally, is autonomy.
###Discretion.
###Peer-to-Peer Focus.
###Elimination of Banking Fees: bitcoin reduces more banking transactions fees and increase speed of transactions.
###Very Low Transaction Fees for International Payments.
###Mobile Payments: we can easily pay payments through mobile within seconds or minutes.
###Accessibility: all classes of investors, traders, holders are accessible in bitcoin.
Thank you so much brother. I am new member.i don't know Find out some bitcoin benefits. Read your post I know find out some bitcoin benefits.
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Maybe I could add a little more benefit, namely the transaction cannot be canceled.
This refers to someone who wants to make a transaction to buy goods, instead wants to cheat, but the amount of Bitcoin that has been sent cannot be reversed unless the Bitcoin recipient sends the Bitcoin back to the first sender's wallet.
Here in my opinion someone will be more careful in making every transaction because all control is in the hands of bitcoin holders when they want to make payments.
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Thank you so much for making this post so beautiful. In fact, some things we may not even know. There are many unknown things that we can learn from everyone. We will always be in the know so we can learn something in life.
learning can be anywhere including you learning cryptocurrency so you can use this forum or those in several media such as youtube and others so that it can make you know more about cryptocurrency.
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Although it is not often that you are told about bitcoin technology, you will find out for yourself and be sure to work with other cryptocurrencies as well.