Advantages of bitcoin

[bdamenaakter]

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.

[Oduvan]

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!

[Crypto Guard]

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.

[Kenyot]

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.

[88percent]

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.

[debra]

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.

[reshat]

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.

[dominoes]

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.

[kamal420]

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.

[mamun777]

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

[Stgeorge]

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.

[altcoinhunter01]

There are the lot of advantages of bitcoin. Bitcoin is a cryptocurrency. Bitcoin is the king of this market. Bitcoin is a digital currency.

[pacar_tiri]

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.

[Crazymelons18]

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.

[inewoods]

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.