Post
Topic
Board Economics
Re: Why Should I Choose Bitcoin ??
by
jekjekman
on 13/09/2017, 12:58:42 UTC
Why Should I Choose Bitcoin ??
                                                It's the first question one should face while starting to deal in bitcoins and answer this will satisfies you to choose bitcoin over others. Some of the benefits that Bitcoin have over other includes :

1-Quick transactions – Bitcoin is transferred quickly over the Internet.
2-No expenses/low charges – Unlike credit cards, Bitcoin can be utilized for nothing or low costs.. This enhances revenues margins deals.
3-International installments – Bitcoin is used all over the globe; e-commerce sellers and service suppliers can easily agree to take international payments. Which uncovered new potential commercial centers for them.
4-Information is secure – As we have seen with late hacks on general retailers’ disbursement processing systems, the Internet is not generally a secure place for private information. With Bitcoin, clients don’t surrender private data.
5-Much More Easier – Bitcoin is Much more easier rather than we think.Means to say It’s Much more easier than transfering a Payment from bank account From bitcoin you can even transfer a Payment in few clicks even While listening songs.
-Hope this will help you in believing Bitcoins !
I don't really satisfied with the point one because behind of all the transaction is always instant you can't listing the transaction in your list because I think that just the common reason and another from that the confirmation making the point one is not correct but that is just in my personality.
Yes  thats right! bitcoin transaction for me is not that quick as what He think. It is most often think one ot the disadvantages of bitcoin .
Because of being delayed most of the time.

I can't blame you about the number 1 listen on when in it comes to transaction but it is still fast and quick though it is just that you need to pay a high fees in able to that nowadays, delays are happening when you are choosing a lower transaction fee in sending your bitcoins but if you want to quicken it  then choose the next block that still takes you less that 15 minutes but again with a higher fee.

I think there is a group of people that really behind this spamming of transaction to the bitcoin network that resulted to much more higher transaction fees but if bitcoin can survive it after the full implementation of segwit then it will be lowered again soon.