Pros
- most safe investment in crypto space
- Peer-to-Peer technology
- Most popular in the world
- The first one
- Bitcoin as a deflationary currency
- Soon there will be no new bitcoin to main
Cons
- High fees
- Slow compared to other blockchains
Pros
- This is a store of value
Cons
- it will not be a currency or payment instrument until the volatility decreases
Pros
- So much progress and success already. Simple and easy to understand. It’s so simple I can explain it easily to friends and family and the earnings have help my life’s so much. The team is very helpful in making information clear for anyone. I’ve traded my bitcoins for other coins easily. I’ve cashed out to Coinbase with my bitcoins and everything works out great.
Cons
- I haven’t had any issues yet. Most with just where to start but it’s all coming along.
Pros
- I think it will be the best platform in future and all members who join it in early in start will get much more profit
Cons
- Nothing yet and I hope no any body will face any problem and I'm so happy to join it because I know I can earn good income from it
Pros
- Bitcoin is a decentralized cryptocurrency that allows its users to transfer money with almost no fees. For that it relies on the Blockchain technology, that makes Bitcoin almost impossible to hack and it makes the transactions safe. The "miners" are responsible for maintaining the integrity of the network by solving advanced mathematical equations. There are 21 million bitcoins available, so its offer is limited.
Cons
- Bitcoin is a really volatile cryptocurrency. It can easily go up or down and the people who invest in it - hodlers, traders, etc - can easily lose a lot of their investment. The blockchain technology used in Bitcoin is not advancing, and the money transfering is a really slow process, which requires 30 minutes or more to confirm.
Pros
- This project is amazing and the structure behind it can be the next big innovation since the creation of the internet. Bitcoin let us send payments and money all across the world with 2 or 3 clicks.
Cons
- The fees are high and the process time is very high.
Pros
- Bitcoin can be used as an anonymous currency free from spying governments. While using it, you don’t need to provide your email, name, social security number, or any other identifying information when making peer-to-peer transactions.
Cons
- No one knows its future. It is designed to reward early adopters. The general public lack of understanding. Most bitcoin users don’t really understand how the cryptocurrency works and whether or not it’s secure. It offers offer a degree of anonymity that traditional transactions don’t. While some tout this as a pro for bitcoin, it’s also why some investors view cryptocurrencies negatively.
Pros
- From it's coming into being in 2009, or its creation by Satoshi, the team has worked tirelessly to make Bitcoin the best of the best. The team ensures that all the few drawbacks are dealt with aptly. Bitcoin has helped to disrupt very many facets of our lives; finance, investment, online security, and others. The Bitcoin project has done the following: * It enabled the conceptualization and setting up of other cryptocurrencies which have added value to our lives. You can do what the fiat currencies can do, and more from your computer. The latter tokens have become easier to code and manage for the Bitcoin project has set up great standards to be met. * You can now transfer any amount of funds without being restricted by financial institutions and governments with much ease-and its anonymous. The only requirements are to have a wallet with funds in it. There not unnecessary demands that are compulsory in other funds transfers such as identifications, fees, commissions and explanations in the name of eliminating money laundering. * You also do not have to pay unnecessary taxes that end up in governments' officials' pockets; it's cheaper compared to fiat exchanges. Transactions in Bitcoins are very cheap compared to other transfers such as a bank to another, money wiring, credit cards, and even the currently now popular mobile transfers. Bitcoin fees are negligible considering the amount send and the reduced burden. * It is a very safe investment opportunity which can be done without involving investments agents who levy commissions. Bitcoin project cannot be hacked hence it pretty hard for you to lose your funds. If you carefully guard your wallet, you will never lose your funds. Bank systems have been hacked and customers money lost, or robbers have robbed the banks or the clients and money taken away. In the Bitcoin project, the funds are virtual hence you do not carry them around, but you can do any business anywhere. * The Bitcoin project has brought up a new level of security which was not there before. * Bitcoin project has eliminated all barriers that had been erected by the fiat currency managers-you can transfer to anyone, any amount and at any time as long use you have internet, and the recipient has a Bitcoin wallet. The opening of Bitcoin wallets takes just a few minutes, in contrast to bank and credit card accounts. Bitcoin has opened the future today! It can only be compared to the invention of the internet in our current age.
Cons
- The only drawbacks of the Bitcoin project are; its vulnerability to being used in illicit businesses such as arms dealing, drug trade, and its nature of being highly speculative- the value fluctuates a lot. With some restrictions the use by criminals, the vices can be controlled. As more and more investor engages in the Bitcoin business, the fluctuations will be tamed, no token holders will be able to manipulate the market severely. However, this is not a major issue for the rules of 'demand and supply' have to be let to play their roles in the Bitcoin market.
Pros
- The first peer to peer digital currency and public ledger for everyone, without borders, without discrimination.
Cons
- Instead of distributing the money far and wide, Bitcoin change the central bankers with an un-elected group of miners.
Pros
- It was absolutely an historical found in human history, well but it spent me several years to recognized the value and the new way of the world to operate.
Cons
- It was too slow for transmission from one wallet to another, now it spend me more than 3$ as the cost, but it was too slow to transform from one to another. The longest one even spent more than 5h.
Pros
- The pros of Bitcoin is the history of it's blockchain as it is 10 years old, this makes it secure as it has never been hacked for those 10 years, with this being said it is the cryptocurrency of choice as it has a great team of the back of it, and they are always doing progress.
Cons
- The problem for me with Bitcoin is that the bitcoin block time is too long of a time for me, 10 minutes, if it could be reduced to 2 minutes per block it would be perfect. I would also like too see the fee's to became smaller as they are really volatile and large.
Pros
- Bitcoin is a great coin with the high price and stable. very possible to make profit
Cons
- contact support not for 24 hours serve
Pros
- Bitcoin is the Best coin favorit, is the very nice
Cons
- Big Project is the world forever..
Pros
- no state or government can avail it and it can be used all over the world, regardless of geographic and political barriers, no debt can be created with it, its value does not depend on a central bank intervention, all transactions are recorded in a free access record, A huge amount could be saved in a USB memory, which can be saved or carried without relying on third parties.
Cons
- Since its creation it has had a great increase in prices. Over time, it is normal for the percentage of variation to decrease and have a more stable price. If you do not have support behind governments and central banks for many, it can be a clear disadvantage since you would be more comfortable with the support of a regulator. The huge advantage that implies that transactions are anonymous is a disadvantage for many of those who They fear that it will be used for illicit activities and will not comply with the tax.
Pros
- of all the coins in the bitcoin cryptocurrency which is the best project
Cons
- maybe bitcoin should market their coins more so that more people know bitcoin
Pros
- Bitcoin is the next world currency.
Cons
- Since the advent of bitcoin, it is said that bitcoin is widely used for illegal transactions.
Pros
- Bitcoin is a rare era change in the rise of the block chain industry. Its more role is the chain of wealth. At the same time, because no one knows who is Nakamoto, it is also the reason why more people hold Bitcoin, because no one or group can control its function, no possibility to get off the shelf, no way to run, no threat to it. s things. Every era has a book of every era! Bitcoin is indispensable.
Cons
- Bitcoin is able to get to today's price because it is scarce (less and less). Players in the early stage did not know how to cherish, they should have lost a lot of coins, and there are 16 million bitcoins that can be circulated in the market in the future. Therefore, as long as the blockchain is not dead, the rise of Bitcoin is considered to be a high probability event. In addition, to remind everyone that many of the pyramid money, the altcoin are also promoting scarcity, please don't believe it! On scarcity, except for bitcoin (at least most players currently think it is really scarce), others are pseudo-scarce! Of course, this pseudo-scarcity is not technical. It is easy to be scarce technically. It is difficult for everyone to recognize the scarcity of a coin. It needs to be like bitcoin in terms of time, technology, community, application and so on. Constant accumulation.
Pros
- most secure blockchain with its algo sha256, big community the first cryptocurrency of massive addoption with the Lightning Network plus Fast Transactions peer-to-peer Processing fee
Cons
- the centralization of the minor in China and Bitmain not top
Pros
- No risk of inflations, international transaktions is very Easy. No involvement of third part person.
Cons
- The major problem with bitcoin is transaktion speed. No recovery once the transaction key is lost then Your money is lost forever.
Pros
- "BTC better at being gold than gold." - Tyler Winklevoss. The granddaddy of them all, inherent value due to it's first-mover status.
Cons
- Scalability Centralization by major mining interests Slow Expensive transaction fees, comparatively speaking.
