Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bdamenaakter on October 10, 2018, 01:48:34 PM
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I'm wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
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It depends on which side to look at ... If you look at a decentralized system, here Bitcoin has solid advantages compared to the banking system, but if you compare it with other coins, the speed of transactions is inferior!
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There are some advantages of bitcoin compared to altcoins, one of which is unlimited number of bitcoin transactions. In addition, bitcoin cannot be detected. This is the reason most people like.
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The advantage of bitcoin will certainly be very satisfying, very likely you will get many benefits if you can be patient waiting for higher price increases in the future, because the growth of bitcoin prices every day also increases.
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Compared to other coins, the value of bitcoin is better and more valuable because bitcoin is the first digital currency to emerge. Other than that, bitcoin has a very high level of security. Even if it's opened with a computer, it takes a very long time.
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There are so many advantages of bitcoin compared to other currencies, this virtual currency can be sent directly through the internet network that is available if we want to pay for something (do not have to use fiat currency), while other advantages of bitcoin can also be an investment for the future when viewed from its development from year to year.
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Do to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other currencies do not get.Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and risks.
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Being the first ever coin launched in crypto is the most prominent advantage of bitcoin which draws more investors due to interesting features and possibility that tomorrow it leads the digital world. Nowadays, we see bitcoin as the mainstream of crypto that affected the market condition wherever it goes either up and down.
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I'm wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages.
The advantage is that it can be spent everywhere, at least in countries where Bitcoin and cryptocurrency is open and are widely usedd. You cannot use other altcoins as easy as Bitcoin. Litecoin and Bitcoin Cash are also widely used I believe but I have yet to see a single store or restaurant here in my place that accepts them. But I know of several restaurants and shops around here that accept Bitcoin. The same is true with online sellers. They accept Bitcoin more than any other coin.
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Here are the major bitcoin advantages
1. Instant transaction
2. Privacy and security
3. Decentralized currency
4. Global payments and acceptance
5. Limited supply of bitcoin and volatility
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1.High reliability 2.Strong growth 3.Highly secured.these are the main advantages of bitcoin.It is occupied in high market capitalization and high value,so all the investors are looking this coin.It is decentralized crypto currency this is first advantage of this coin then only all the altcoins are following.
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There are the lot of advantages of bitcoin. Bitcoin is a cryptocurrency. Bitcoin is the king of this market. Bitcoin is a digital currency.
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I'm wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
I think may advantages of bitcoin. Bitcoin is the first of crypto currency, It is secure and anonymous. Block chain technology.
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I think you are not actually using bitcoin for a real purpose. This is really expected as I might have understood you are really not getting the idea about it. Well we have the same questions as well. I also came to think what is bitcoin for? Well it would be hard to understand if you would be looking at prices and everything that attracts gain. Perhaps you should think more about why do we use bitcoin and what help could it provide us. Well there are so many things I guess. Too many to mention but realizing all these would mean doing it with a partner. For example yourself and a shop or store that sells things without really using actual money, Or may be buying things online using bitcoin.. and so many other things. If it is just a piece of code lying on your bitcoin wallet then there is nothing of value to that except for waiting for the price to move up. Which is not the case why bitcoin was really invented in the first place.
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I'm wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
To me the best part of bitcoin is it is decentralize which means little or no fees will be involve, bitcoin let the user of the wallet to be anonymous and fast transaction should not be miss look as well.
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I'm wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
To me the best part of bitcoin is it is decentralize which means little or no fees will be involve, bitcoin let the user of the wallet to be anonymous and fast transaction should not be miss look as well.
With Bitcoin it’s more about mass acceptance than technology. The technology is here. Only time will tell when the rest of the world will say… YES!
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The advantage of Bitcoin is giving me to continue to be patient looking for money.
For example, like this we are tested to be patient with HODL Bitcoin.
PS: The market is DUMP!
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I'm wondering what are the advantages of bitcoin than any other coins? I have been using bitcoin for almost 2 months already and I still don’t know what its advantages. Please share your thougths.
If you want to know if it is useful and profitable to have and use bitcoin, of course if you really know that, you can use bitcoin as a transaction, you can also use it as an investment or trade, and in countries that can legalize bitcoin and Bitcoin can be used as a legitimate payment tool, you can shop using bitcoin that you have, so there are many uses and benefits of bitcoin.
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In my opinion, there are advantages and disadvantages. If the benefits are, maybe Bitcoin will be valid in the whole world,
For weaknesses, of course for those of us who only have Bitcoin if we are charged with taxes, surely we will complain. Hopefully the tax isn't too big
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Bitcoin is the future of Virtual Money, the price will be higher for a long time, due to technological advancements. Indeed the price fluctuates because it follows market prices. When bitcoin more and more fans buy it, the price of bitcoin will be higher. And when many are sold on the market, the price will go down. If you have decided to invest in bitcoin, you must always monitor and follow price information on the market. To find out the value of assets that have been invested ...
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If I think the benefits of investing in Bitcoin, of course we get a pretty good income when the price soars and greatly promises us for our future. The lack of Bitcoin investment in Indonesia has not been approved by the government if there are things that deny Bitcoin can't help.
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In my opinion advantages of Bitcoin versus original fiat is faster transaction through worldwide and more convenient to carry large amount and more security than current fiat
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I believe, my advantage in investing in bitcoin for me is very good that I can expect in the future at a higher price. because the price of bitcoin rises and falls is also stable.
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I believe along the way you will learn more of bitcoin advantage and even its disadvantages. To know both sides is good guidelines to be aware of what you should avoid and what you should improve. Choosing the appropriate strategy is yours.
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I think the big advantage of bitcoin are the big number of its investors and its expensive value compare to other crypto and even the market is dropping but still bitcoin is the leading crypto currency among all.xoins available in the market.
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I think the advantages such as if the price goes up will be profitable and anonymous users will not be taxed by the government so that the future is careful in investing, because the value goes up and down.
What is clear is that we must be good at managing our passions
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The advantage of dibitcoin investment is clearly the absolute benefits that arise in the short term that I have experienced and felt, bitcoin investment does not require a lot of capital with our internet packages can mine bitcoin, and the results can trade, trade and small modols important to be good in trading .
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bitcoin is decetralized and most advanced crypto and its costly to mine these are advantage of bitcoin.thats why bitcoin is so undervalued in the world now.
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bitcoin has many advantages over other coins, and we can all know that bitcoin is the king of all coins and bitcoin is the first coin created and has been known by many people.
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Compared to other coins, the value of bitcoin is better and more valuable because bitcoin is the first digital currency to emerge. Other than that, bitcoin has a very high level of security. Even if it's opened with a computer, it takes a very long time
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for bitcoin for me is a place to complain about the change in value that is very fast compared to other coins, which is why many traders like bitcoin
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bitcoin is very profitable and many benefits from other coins, therefore many of them are very trusting and more trusting in bitcoin, what else is the value of bitcoin which is very unstable and has a high enough value
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There are many advantages of bitcoin and already state above like bitcoin is easy to use, decentralised, taxable, paying bills and many more.how ever all of those advantages will be applied if we properly used bitcoin in the right way.bitcoin is more popular than other coins, bitcoin is the best for long term investment.
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if those who already understand will know the benefits and advantages of bitcoin, it is safer from any interference and the market is very profitable
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I think bitcoin really has many advantages over other altcoins, and because I feel a broad public trust in bitcoin and bitcoin is the king of altcoins.