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Type of review

Revainrating 5 out of 5

bitcoin is safest ways to transfer fund without any bank or centralized…

bitcoin is safest ways to transfer fund without any bank or centralized authority, bitcoin is the first cryptocurrency, the whole world is a favour to adopt blockchain and doing transaction with bloackcahin

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
  • Bitcoin transaction speed is low some times our transaction stuck for 2 3 days

Revainrating 5 out of 5

Yes. There are a growing number of businesses and individuals using Bitcoin…

Yes. There are a growing number of businesses and individuals using Bitcoin. This includes brick-and-mortar businesses like restaurants, apartments, and law firms, as well as popular online services such as Namecheap, Overstock.com, and Reddit. While Bitcoin remains a relatively new phenomenon, it is growing fast. As of May 2018, the total value of all existing bitcoins exceeded 100 billion US dollars, with millions of dollars worth of bitcoins exchanged daily.

Pros
  • Extremely low transaction costs: As there is no middleman managing the bitcoin transaction, cost = 0, you only pay transaction costs on the systems but it is very low.
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.

Revainrating 5 out of 5

it can be because bitcoin is already well-known, so many more people want to…

it can be because bitcoin is already well-known, so many more people want to invest to get a quick profit, but the more profit-getting day by investing in bitcoin is even more difficult.

Pros
  • bitcoin will always be good investment what ever will happen to our world because it is very good coin but that speculation is not so accurate but the chance is very high. but some countries accept bitcoin already and consider as their currency or payment method.
Cons
  • slow transaction and high transaction costs.

Revainrating 3 out of 5

If the price of bitcoin always fluctuates quickly, I am worried that the…

If the price of bitcoin always fluctuates quickly, I am worried that the crypto currency will die quickly. I can't expect much on bitcoin because with a drastic price increase lately it can lead to rapid death. and everyone loses all the money

Pros
  • a fairly long journey from 2009 to 2018 that was successful. As the first crypto currency, which has amazed everyone! things that are completely worthless now become very expensive in only a short time. Bitcoin is easily exchanged into flat currency in just a short time, can shop for things as you like, have a wallet anywhere etc.
Cons
  • As the only price benchmark for all coins should not be volatile prices are quite powerful, Bitcoin should be able to play more beautiful by raising prices slowly and decreasing prices slowly so prices are more stable. .

Revainrating 5 out of 5

Nobody owns the Bitcoin network much like no one owns the technology behind…

Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users…

Pros
  • High security and very safe: All bitcoin transaction information is displayed on the internet but the identity of the trader does not appear so the information security is very high. Up until now, the bitcoin protocol has not had a single security flaw for losing a user's bitcoin.
Cons
  • The number of users is not much: Bitcoin is mainly used in developed countries such as the US, China, .. and in countries such as Vietnam underdevelopment, the use of paper money, gold is familiar. And most people do not know about electronic money, some groups do not have enough knowledge, do not know what bitcoin is said that bitcoin is not reliable currency, so still afraid and worried Worried when using bitcoin money.

Revainrating 5 out of 5

Bitcoin is a consensus network that enables a new payment system and a…

Bitcoin is a consensus network that enables a new payment system and a completely digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen. From a user perspective, Bitcoin is pretty much like cash for the Internet. Bitcoin can also be seen as the most prominent triple entry bookkeeping system in existence.

Pros
  • Bitcoin can not be faked: The next advantage of bitcoin is that it can not be faked, because bitcoin does not exist in the physical form as other currencies, and bitcoin testing does not cost anything in gold. is very high.
Cons
  • No Valuation Guarantee Since there is no central authority governing Bitcoins, no one can guarantee its minimum valuation. If a large group of merchants decide to “dump” Bitcoins and leave the system, its valuation will decrease greatly which will immensely hurt users who have a large amount of wealth invested in Bitcoins. The decentralized nature of bitcoin is both a curse and blessing.

Revainrating 5 out of 5

We all know that tech will surely be replaced over time by even greater and…

We all know that tech will surely be replaced over time by even greater and efficient piece of tech, but seeing bitcoin being used largely as an investment and not a currency, I'm pretty sure it will not get obsolete, not yet. As long as people believe that something has value, they'd still use it and willingly accept it, just like gold for thousands of years. Also, people are now being introduced to cryptocurrency, so perhaps this is just the dusk for bitcoin and its brothers and they still…

Pros
  • Many people used it as a form of investment, trading center, form of payment and especially it is also serves as another source of income for those people who already had a job. And I think that is the used of crypto currency.
Cons
  • The current price is low and not conducive to the miner.

Revainrating 5 out of 5

Bitcoin currencies can be exchanged for real money and are of great value…

Bitcoin currencies can be exchanged for real money and are of great value. Bitcoins are widely used and of international scale. It can be used to buy as much value as real money, a bitcoin worth up to $ 1,021.10 at the time blogtienao wrote this article and is also the world's most valuable currency.

Pros
  • Convenience in transaction: If with banks or online payment service (intermediary transaction) will usually have a limit on the transfer and receive money in the day as well as time but with bitcoin is absolutely not, You can send unlimited amount, anywhere in the world at any time for relatives, friends without anyone managing the money you send.
Cons
  • No Physical Form Since Bitcoins do not have a physical form, it cannot be used in physical stores. It would always have to be converted to other currencies. Cards with Bitcoin wallet information stored in them have been proposed, but there is no consensus on a particular system. Since there would be multiple competing systems, merchants would find it unfeasible to support all Bitcoin cards, and therefore users would be forced to convert Bitcoins anyway, unless a universal system is proposed and implemented.

Revainrating 5 out of 5

Bitcoin, the digital currency (cryptocurrency) which jumped more than 1,000…

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
  • high transaction costs.

Revainrating 5 out of 5

Whatever words that discribred bitcoin as long said coin is uselful and can…

Whatever words that discribred bitcoin as long said coin is uselful and can help many people around as i think obsolete word is nothing to discribe said bitcoin, the important is the value that can change you life.

Pros
  • bitcoin has many functions, not just as a currency and place of investment, but also bitcoin can be used for every transaction and meet the needs that cover all aspects of our lives. even bitcoin can control the world economy.
Cons
  • slow transaction.

Revainrating 4 out of 5

Bitcoin currency is widely used in e-commerce, is the first and most typical…

Bitcoin currency is widely used in e-commerce, is the first and most typical coding currency. The cost of payment, transaction bitcoin is much cheaper than other types of money so it is preferred by companies and businesses. As of June 2016, Bitcoin's base amount was valued at about $ 12 billion, making it the largest currency ever.

Pros
  • Bitcoins Cannot be Stolen Bitcoins’ ownership address can only be changed by the owner. No one can steal Bitcoins unless they have physical access to a user’s computer, and they send the bitcoins to their account. Unlike convential currency systems, where only a few authentication details are required to gain access to finances, this system requires physical access, which makes it much harder to steal.
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.

Revainrating 5 out of 5

Someone said the bitcoin would be outdated. then that means if blockchain…

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
  • Bitcoin is worth investing There is nothing wrong in investing in bitcoin. If you have loads of money, you can invest and wait for a couple of months or years to gain some profits.Each and every investment is risky. “High risk, high reward” is one of the basic rules of investment.
Cons
  • The volatility in Bitcoin is kind of concerning for something intended to be a store of value. But, the simple fact is that it is being purchased for speculation, and not as a store of value or means of exchange. The number of speculators dwarfs the number of people who purchase Bitcoin for some practical use. Speculation lends itself to quick buying and selling moves, while people who actually use a currency hang on to it. I believe that when Bitcoin use as a practical currency exceeds that of speculators, the volatility will decrease.

Revainrating 4 out of 5

Bitcoin is exchanged directly on the internet without the use of any…

Bitcoin is exchanged directly on the internet without the use of any intermediary financial institution. The way Bitcoin works differs completely from the normal currency, there are not any individuals or organizations that handle bitcoin transactions. I think you should find out before you decide to invest in it

Pros
  • No Risk of “Charge-backs” Once Bitcoins are sent, the transaction cannot be reversed. Since the ownership address of Bitcoins will be changed to the new owner, once it is changed, it is impossible to revert. Since only the new owner has the associated private key, only he/she can change ownership of the coins. This ensures that there is no risk involved when receiving Bitcoins.
Cons
  • Risk of Unknown Technical Flaws The Bitcoin system could contain unexploited flaws. As this is a fairly new system, if Bitcoins were adopted widely, and a flaw was found, it could give tremendous wealth to the exploiter at the expense of destroying the Bitcoin economy.

Revainrating 5 out of 5

Everything is ever obsolete But, everything depends on the value! Gold is also…

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 may instant payment can be made to anyone, anywhere in the world.
Cons
  • I think no because bitcoin is used for online transaction and the price of bitcoin is not stable, but if bitcoin become stable maybe it might be possible that bitcoin will become currency, but for now, there's no chance that bitcoin will be used as currency.

Revainrating 4 out of 5

Bitcoin currency is widely used in e-commerce, is the first and most typical…

Bitcoin currency is widely used in e-commerce, is the first and most typical coding currency. The cost of payment, transaction bitcoin is much cheaper than other types of money so it is preferred by companies and businesses. As of June 2016, Bitcoin's base amount was valued at about $ 12 billion, making it the largest currency ever. So I think I should invest in it

Pros
  • No Transaction Costs Sending and receiving Bitcoins requires users to keep the Bitcoin client running and connected to other nodes. Essentially, by using bitcoins users will be contributing to the network, and thus sharing the burden of authorizing transactions. Sharing this work greatly reduces transaction costs, and thus makes transaction costs negligible.
Cons
  • No Buyer Protection When goods are bought using Bitcoins, and the seller doesn’t send the promised goods, nothing can be done to reverse the transaction. This problem can be solved using a third party escrow service like ClearCoin, but then, escrow services would assume the role of banks, which would cause Bitcoins to be similar to a more traditional currency.

Revainrating 5 out of 5

The Bitcoin network is currently growing, its technology is constantly…

The Bitcoin network is currently growing, its technology is constantly improving, and one of the most popular US exchanges is allowing institutional money to have easy entrance to the crypto-world for the first time. BITCOIN’S FUTURE?? i think more than $30.000 next year!!

Pros
  • Bitcoin? King of Crypto, the first blockchain based cryptocurrency and is still the market leader based on market capitalization, the benchmark in the crypto ecosystem.with the emergence of bitcoin all this is happening, lots of new coins are popping up now !! its mean Bitcoin has succeeded in making uproar the world , No need to be in doubt!
Cons
  • the benchmark in the crypto ecosystem, it remains exceptionally volatile.After the blockchain and cryptocurrency explosion and bull market of 2017, BTC started 2018 on a different pace. Q1 of 2018 was Bitcoin’s second-worst quarter in history for the token, with the value of BTC falling to approximately $5,900. The current price of Bitcoin continues to linger between $5,900-6,700, but the big always prevalent questions are, why are we here, and where is Bitcoin going?

Revainrating 5 out of 5

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin…

Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.

Pros
  • No Tracking Unless users publicize their wallet addresses publicly, no one can trace transactions back to them. No one, other than the wallet owners, will know how many Bitcoins they have. Even if the wallet address was publicized, a new wallet address can be easily generated. This greatly increases privacy when compared to traditional currency systems, where third parties potentially have access to personal financial data.
Cons
  • Bitcoin Valuation Fluctuates The value of Bitcoins is constantly fluctuating according to demand. As of June 2nd 2011, one Bitcoins was valued at $9.9 on a popular bitcoin exchange site. It was valued to be less than $1 just 6 months ago. This constant fluctuation will cause Bitcoin accepting sites to continually change prices. It will also cause a lot of confusion if a refund for a product is being made. For example, if a t shirt was initially bought for 1.5 BTC, and returned a week later, should 1.5 BTC be returned, even though the valuation has gone up, or should the new amount (calculated according to current valuation) be sent? Which currency should BTC tied to when comparing valuation? These are still important questions that the Bitcoin community still has no consensus over.

Revainrating 5 out of 5

Bitcoin uses peer-to-peer technology to operate with no central authority or…

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. In general I still quite like it

Pros
  • No Third-Party Seizure Since there are multiple redundant copies of the transactions database, no one can seize bitcoins. The most someone can do is force the user, by other means, to send the the bitcoins to someone else. This means that governments can’t freeze someone’s wealth, and thus users of Bitcoins will have complete freedom to do anything they want with their money.
Cons
  • Wallets Can Be Lost If a hard drive crashes, or a virus corrupts data , and the wallet file is corrupted, Bitcoins have essentially been “lost”. There is nothing that can done to recover it. These coins will be forever orphaned in the system. This can bankrupt a wealthy Bitcoin investor within seconds with no way form of recovery. The coins the investor owned will also be permanently orphaned.

Revainrating 2 out of 5

Definitely was worth the investment before a year. Maybe now it's still worth…

Definitely was worth the investment before a year. Maybe now it's still worth it but the competition is very big so we will see in future.

Pros
  • It was definitely worth the investment before. It was the first cryptocurrency and started everything.
Cons
  • Very slow transactions. High fees. Depends on miners and generally on electricity.

Revainrating 5 out of 5

Unlimited

Unlimited

Pros
  • I fell very high frequency I didn't told bitcoin bcos he is real mother of cryto market.
Cons
  • Progress