A look at the concept of this project as well as the team behind it shows that they might be in for something serious.
Pros
This is an excellent start to the work, and I hope that in the very near future the platform will launch new projects in which it will be possible to participate
Bitcoin is the most popular and the first-ever introduced digital currency, created in 2009 as an open source software by the pseudonym Satoshi Nakamoto.Although there are more than a thousand cryptocurrencies in use today, bitcoin is by far the most widely used – the closest cryptocurrency equivalent to traditional, state-minted currencies.
Pros
Bitcoins protect your identity and money.You can send and receive payments at a very low cost.This can be a big advantage while travelling.Greater liquidity as compared to its peer.Scarcity makes it more precious .
Cons
It takes Delayed transactions .Dark marketplaces are working towards the damage.No recovery once the private key is lost, its lost forever .Maybe replaced by potential cryptocurrencies.
Bitcoin is the king of currencies and worldwide payment system . Everybody billons of people invest in Bitcoin market , i am also , so i suggest that Bitcoin is really king of cryptocurrency.In theory, bitcoin looks like a great opportunity to jump on a new technology before it gains momentum but in practice things are much murkier.
Pros
The main advantage of using Bitcoin for payment, here we do not need any middleman like bank , to complete transaction . Also we can make payments with bitcoin all over the world .It is the equivalent of digital gold. The value of the coin is likely to go up before the speculation bubble pops. It is a hedge against market uncertainty.
Cons
Bitcoin being taxed as property insteed of currency by IRS . This currency depends on high internet availability , its also very slow .It is not tangible. As the first digital coin, bitcoin has a litany of successor coins that improved on the coin’s flaws, including its artificial scarcity, its slow transaction processing time, and its inflexibility toward being used for customized applications. Bitcoin’s value shifts wildly and suddenly.
In theory, bitcoin looks like a great opportunity to jump on a new technology before it gains momentum but in practice things are much murkier.
Pros
It is the equivalent of digital gold. The value of the coin is likely to go up before the speculation bubble pops. It is a hedge against market uncertainty.
Cons
It is not tangible. As the first digital coin, bitcoin has a litany of successor coins that improved on the coin’s flaws, including its artificial scarcity, its slow transaction processing time, and its inflexibility toward being used for customized applications. Bitcoin’s value shifts wildly and suddenly.
Bitcoin is the king of currencies and worldwide payment system . Everybody billons of people invest in Bitcoin market , i am also , so i suggest that Bitcoin is really king of cryptocurrency.
Pros
The main advantage of using Bitcoin for payment, here we do not need any middleman like bank , to complete transaction . Also we can make payments with bitcoin all over the world .
Cons
Bitcoin being taxed as property insteed of currency by IRS . This currency depends on high internet availability , its also very slow .
Overall bitcoin is the mother currency of cryptocurrency market. and bitcoin is the first currency which is revolution for blockchain. and Bitcoin is accepted worldwide. and major countries like, japan accepts bitcoin as a legal currency.
Pros
Bitcoin is first decentralized cryptocurrency which works on blockchain. In total marketcap bitcoin is ranked on 1st place as bitcoin acquire 50% of total crypto marketcap. bitcoin transaction is p2p so any government agencies, bank or third party is not included.
Cons
Bitcoin's transaction fees is much more than other cryptocurrencies. bitcoin's blockchain is works on blockchain 1.0 which is too old. and transaction is slow as compare to other cryptocurrencies.
bitcoin is the first largest blockchain cryptocurrency used in worldwide . which is accepted as a national currency also not accepted by some countries as a currency. but good for uses. for best investment it is good also it is profitable
Pros
bitcoin is the best and profitable , trusteble, and best crypto currency ever which gives very benifits to users. for investment this coin is bestest. no other cryptocurrency can beet bitcoin in market. it is used in many countries as a currency. the peoples who wants to invest for long term this can be the coin of choice.
Cons
bitcoin transaction is very slow than other crypto currencies. otherwise bitcoin is best
overall bitcoin is the best asset for long-term hold and I think bitcoin can give the best return than property, bitcoin is minable so everyone can mine bitcoin, no 51 attack happen on bitcoin yet
Pros
bitcoin is the first peer2peer method for the transaction, means we can transfer fund from one country without many costs, bitcoin is the very profitable coin for long-term hold and people who invested on 2010 on bitcoin they become millionaire in fact billionaire
Cons
so many countries don't regulate bitcoin and other cryptocurrencies such as China, India Pakistan and many more, bitcoin transaction is slow means if we give high fee than transaction are fast if we give low fees than transaction are tattaly slow
bitcoin is very wellknown cryptocurencyin all over marketcap. which is really good.. if anyone wantsto invest its really good.. and in future it will really cross its high level price and although it will really used in all over the world. they can be exchanged for other currencies products and services...overall awesome excellent and trustable project
Pros
Bitcoin may instant payment can be made to anyone, anywhere in the world.
Cons
The current price is low and not conducive to the miner.
Bitcoin, the digital currency (cryptocurrency) which jumped more than 1,000% last year, is the first user of the blockchain application. This technology eliminates the need for third-party intermediaries such as banks to quickly and safely record transactions between two parties using encryption technology.
Since the development of Bitcoin, hundreds of cryptocurrency and other blockchain projects have emerged. Supporters say blockchain can one day change the world like the internet.
bitcoin is…
Pros
With the lightning network and much lesser fees compared to last year, I think there is an improvement when it comes to bitcoin as a currency but if and only if the time comes that bitcoins supply limit will be reached and the demand to acquire bitcoin increases then I do believe bitcoin at this very moment in time will never be used as a currency but just an investment vehicle or a store of value because I'm pretty sure the value of bitcoin will skyrocket.
Cons
Despite the fact that investments prospects of bitcoin outweigh its status as a currency does not mean bitcoin has failed entirely in being a currency. For bitcoin to have withstood all the backlashes, especially form this year and still exist should tell you that bitcoin is just a stone throw away to being accepted by bigger companies in the future.
BTC is the strongest one and its totally worth to invest.
Pros
- Bitcoin (BTC) is the crypto leader in marketcap, its mineable coin and the most popular one.
- Its used as payment method globally/Bank payment.
- BTC used as general market payment currency on trading/exchange platform as it will make it always stronger & valued.
Cons
- High fees and too much time spent on transaction.
- Transparant means everyone can access your asset.
I think, bitcoin will not be obsolete in the future. blockchain has become a modern transaction model today. blockchain comes to be a solution to change the transaction system to be better, safer, and more transparent, so that there will be no corruption.
Pros
bitcoin is the best cryptocurrency decentralized digital currency .. it is really best cryptocurrency all over and have first position in crypto market.it has been used as great blockchain .if we want to tansfer the bitcoin the transfer is much cheaper than other currencies. and widelyused in companies . also one of the positive thing is that the bitcoin cant be stolen by anybody.. trustable cryptocurrency
Cons
Despite the fact that investments prospects of bitcoin outweigh its status as a currency does not mean bitcoin has failed entirely in being a currency. For bitcoin to have withstood all the backlashes, especially form this year and still exist should tell you that bitcoin is just a stone throw away to being accepted by bigger companies in the future.
Bitcoin, the digital currency (cryptocurrency) which jumped more than 1,000% last year, is the first user of the blockchain application. This technology eliminates the need for third-party intermediaries such as banks to quickly and safely record transactions between two parties using encryption technology.
Since the development of Bitcoin, hundreds of cryptocurrency and other blockchain projects have emerged. Supporters say blockchain can one day change the world like the internet.
bitcoin is…
Pros
Bitcoin future will be very bright because we can see how countries are accepting bitcoin and planing to regulate, because government approval is much important for its future also many investors are taking interest for bitcoin currency because they know its value for present and future. so finally we can say government and community both are necessary for bitcoin bright future.
Cons
Built in Deflation Since the total number of bitcoins is capped at 21 million, it will cause deflation. Each bitcoin will be worth more and more as the total number of Bitcoins maxes out. This system is designed to reward early adopters. Since each bitcoin will be valued higher with each passing day, the question of when to spend becomes important. This might cause spending surges which will cause the Bitcoin economy to fluctuate very rapidly, and unpredictably.
Someone said the bitcoin would be outdated. then that means if blockchain should become obsolete, then I think bitcoin will follow suite. because blockchain is the technology on which bitcoin was built. If there should come a day when blockchain will be an old system and not in use anymore, then all coins must die. But I strongly doubt this imaginary idea shall come to pass.
Pros
With the lightning network and much lesser fees compared to last year, I think there is an improvement when it comes to bitcoin as a currency but if and only if the time comes that bitcoins supply limit will be reached and the demand to acquire bitcoin increases then I do believe bitcoin at this very moment in time will never be used as a currency but just an investment vehicle or a store of value because I'm pretty sure the value of bitcoin will skyrocket.
Cons
It is not easy to use bitcoin: Without the knowledge of the technology and the real understanding of bitcoin, it is difficult to use as well as deal with it, as described in the previous section to use bitcoin. bitcoin, and change bitcoin to cash. So for those who do not know about information technology, it is recommended that experienced people guide them to perform these tasks.
Everything is ever obsolete But, everything depends on the value! Gold is also quite an ancient value, everyone has become used to it for a long time, but it is still popular now and with nothing comparable, it all began ... I hope bitcoin will also become a kind of technological gold with time.
Pros
Bitcoin is the using peer to peer technology transaction, bitcoin is the first cryptocurrency with is made by Satoshi Nakamoto, bitcoin is the safest way to transfer fund from one place to another place and bitcoin becomes popular day by day
Cons
Until now it is bitcoin as an investment destination in the long run and also short-term trading. It is difficult for bitcoin to become a currency.
Bitcoin, the digital currency (cryptocurrency) which jumped more than 1,000% last year, is the first user of the blockchain application. This technology eliminates the need for third-party intermediaries such as banks to quickly and safely record transactions between two parties using encryption technology.
Since the development of Bitcoin, hundreds of cryptocurrency and other blockchain projects have emerged. Supporters say blockchain can one day change the world like the internet.
bitcoin is…
Pros
bitcoin with blockchain platform can be used by the transaction and convert to the gain between users.
Cons
Bitcoin transaction fees is too much as compare to other cryptocurrencies. also transaction speed is too slow. Bitcoins works on blockchain 2.0 which is too old.
bitcoin is very wellknown cryptocurencyin all over marketcap. which is really good.. if anyone wantsto invest its really good.. and in future it will really cross its high level price and although it will really used in all over the world. they can be exchanged for other currencies products and services...overall awesome excellent and trustable project
Pros
Bitcoin is more comparable to gold than a forex asset . Here no any doubt to ever fully lose its full value . Bitcoin is decentralized , it is not dependent on order currencies .
Cons
The bad part of this invention is the miners. Their inability to come together and synergize so as to make BTC soar hgher, their differences has done more harm than good to this community
Bitcoin, the digital currency (cryptocurrency) which jumped more than 1,000% last year, is the first user of the blockchain application. This technology eliminates the need for third-party intermediaries such as banks to quickly and safely record transactions between two parties using encryption technology.
Since the development of Bitcoin, hundreds of cryptocurrency and other blockchain projects have emerged. Supporters say blockchain can one day change the world like the internet.
bitcoin is…
Pros
bitcoin is the best cryptocurrency decentralized digital currency .. it is really best cryptocurrency all over and have first position in crypto market.it has been used as great blockchain .if we want to tansfer the bitcoin the transfer is much cheaper than other currencies. and widelyused in companies . also one of the positive thing is that the bitcoin cant be stolen by anybody.. trustable cryptocurrency
Cons
Future actually depends on every factor regarding market value, Community involvement, Govt.'s appreciation and etc. But it is true that Involvement in cryptocurrency is the most important factor to influence or determine future of Crypto-space as well as BTC. More people involved in investing in BTC, the market becomes vaster.
It will all come down to if Bitcoin can become "Digital Gold" indeed. As written by Satoshi, it's only use is actually as a payment system. This is something which every other crypto currency can do, obviously. So it will all depend on how much value people give BTC in the long run. Will other altcoins break free from Bitcoin, ofr example? Will Bitcoin become an asset which is values as the old-timer, or mother of blockchain technology?
Pros
Bitcoin may instant payment can be made to anyone, anywhere in the world.
Cons
I'd say bitcoin is continuing to fail as a currency. It's too cumbersome to use because no one can keep their private key hidden when using the bitcoin core.