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Author Topic: What are the benefits of Bitcoin?  (Read 23037 times)

Offline Mikossa

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Re: What are the benefits of Bitcoin?
« Reply #15 on: July 30, 2020, 09:36:33 AM »
there is no benefits

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Re: What are the benefits of Bitcoin?
« Reply #15 on: July 30, 2020, 09:36:33 AM »

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Offline kropelos

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Re: What are the benefits of Bitcoin?
« Reply #16 on: August 03, 2020, 03:24:10 AM »
- Low cost: If you transfer money via bank to a friend or relative, it usually takes a fee but with Bitcoin it's completely free or only very small.
- Efficiency: Bitcoin money is sent and received almost instantly whether you send it anywhere in the world, any time night or day.
- High security: The transaction does not contain personal information, it is hidden on the system, allowing the security of user information to avoid identity theft.
- Transparency: All transaction information is available in the database of bitcoin trading websites or crypto wallets
- Control: Users can control their transactions without anyone managing it
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Offline sailorboy

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Re: What are the benefits of Bitcoin?
« Reply #17 on: August 06, 2020, 05:38:17 PM »
There's a lot of befits of bitcoin like the elimination of banking fees, Mobile payments and accessibility and very low transaction payments or international payments. Bitcoin is growing faster and there's a lot of benefit on it,

Of course you will have a greater liquidity that relative to the crypto currency. Slowly bitcoin turning into a new world currency.

Offline mlawson71

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Re: What are the benefits of Bitcoin?
« Reply #18 on: August 26, 2020, 05:35:26 PM »
there is no benefits

Why do you think so?

Offline Jaguar

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Re: What are the benefits of Bitcoin?
« Reply #19 on: August 26, 2020, 05:59:17 PM »
Born to lead cryptocurrency ecosystem is what I think the benefit of Bitcoin.

Offline Seerge

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Re: What are the benefits of Bitcoin?
« Reply #20 on: August 30, 2020, 08:22:46 PM »
For me personally, the advantage that I can get from Bitcoin is that we can make this Bitcoin a new investment where the potential profit we can get from Bitcoin is very high. 
Bitcoin supply is limited and demand continues to increase, it is very convincing the price of Bitcoin will go up very high in the future.

Offline mlawson71

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Re: What are the benefits of Bitcoin?
« Reply #21 on: September 03, 2020, 07:12:08 PM »
That is actually a very good point, I hadn't looked at it that way.

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Re: What are the benefits of Bitcoin?
« Reply #21 on: September 03, 2020, 07:12:08 PM »


Offline smt_nirwana_01

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Re: What are the benefits of Bitcoin?
« Reply #22 on: November 05, 2020, 01:21:40 PM »
Thanks for the useful sharing, my wife. Yes, bitconine has many benefits, but for people like me who are new to this subject, it is necessary to do some research and ponder. because there are some terms that I have heard for the first time and it is necessary to be a bit intertwined with technology. Of course, even though these appear as negativity, it is impossible to live and earn money if we are not in the digital in today's world.

Offline mlawson71

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Re: What are the benefits of Bitcoin?
« Reply #23 on: November 10, 2020, 06:12:06 PM »
If there were no benefits so many people wouldn't be using it. At the very least it's another way to profit.

Offline Gyrgen

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Re: What are the benefits of Bitcoin?
« Reply #24 on: November 17, 2020, 04:01:31 PM »
I am sure that its most important advantage is that it was the first. The rest does not really matter. Because of this, it is considered as a reliable means of accumulation and storage and investment, even in spite of all the technical shortcomings.
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Offline lianot

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Re: What are the benefits of Bitcoin?
« Reply #25 on: November 18, 2020, 03:18:42 PM »
bitcoin has many different advantages

Offline Renampun

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Re: What are the benefits of Bitcoin?
« Reply #26 on: November 18, 2020, 05:16:35 PM »
benefits Bitcoin, in general, can help others from economic hardship...
Bitcoin has become an asset and can be traded and then the profits from these transactions can provide money to meet daily needs, besides that, another benefit of Bitcoin is to protect user privacy when transacting.
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Offline Mexite

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Re: What are the benefits of Bitcoin?
« Reply #27 on: November 26, 2020, 10:21:32 AM »
Bitcoin has made many wealthy, especially the early adopters. But personally, I won't involve in any online investment scheme no matter how long they've been paying. The very first BTC I bought about 4 years ago was lost to an online cryptocurrency investment/mining scheme. The platform, hashocean, paid people for almost 2 years but eventually disappeared after gaining so much trust.
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Offline Zize55

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Re: What are the benefits of Bitcoin?
« Reply #28 on: November 27, 2020, 02:13:11 PM »
Bitcoin has a lot of privileges

Offline saprakib

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Re: What are the benefits of Bitcoin?
« Reply #29 on: November 28, 2020, 10:57:17 AM »
Bitcoin is the king of all coins.This reduces the value of all coins.Although its transaction fee is a bit higher than that of Etherium, its transactions are still higher at all exchanges.
The transaction are growimg fast thats why fee is but higher. O think if any fork happen the fee will be reduces as it is now.However we are not only use it as a transaction but also use a s a paymnet system with a alot of advantage.     
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