NexusFi: Find Your Edge


Home Menu

 





What is Bitcoin?


Discussion in Cryptocurrency

Updated
      Top Posters
    1. looks_one WTIcrude with 3 posts (0 thanks)
    2. looks_two birdoggg with 1 posts (0 thanks)
    3. looks_3 dimas with 1 posts (0 thanks)
    4. looks_4 kailahopkins with 1 posts (0 thanks)
      Best Posters
    1. looks_one Big Mike with 4 thanks per post
    2. looks_two Alexthedefender with 1 thanks per post
    3. looks_3 peroksid with 1 thanks per post
    4. looks_4 goldirarollover with 1 thanks per post
    1. trending_up 6,395 views
    2. thumb_up 8 thanks given
    3. group 19 followers
    1. forum 12 posts
    2. attach_file 0 attachments




 
Search this Thread

What is Bitcoin?

  #11 (permalink)
peroksid
Russia, Siberia
 
Posts: 7 since Nov 2019
Thanks Given: 3
Thanks Received: 7

Bitcoin is not handy for money transfer. One mistake(when you copy a BTC wallet number, for example) and you lost your money.
Huge transactions comission(today it 7 $).
It is hard to buy something for bitcoin.

But , but, but.
You take a 1000$ and buy some Bitcoin. Then, create a wallet on your local computer. Send to it your bitcoin.
And now...
Nobody can freeze, arrest, steal your Bitcoin.
And this is a big advantage.

You and only you have full control of it. Until somebody access your private key.

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Quantum physics & Trading dynamics
The Elite Circle
Is there a way to simulate CONTINUOUS CONTRACT?
NinjaTrader
Legends Trading: Ask Me Anything (AMA) w/Greg Khojikian CEO
Trading Reviews and Vendors
What You Know vs How much you know about it
Traders Hideout
 
  #12 (permalink)
Salasar
Toronto
 
Posts: 19 since Jun 2020
Thanks Given: 8
Thanks Received: 10


peroksid View Post
Bitcoin is not handy for money transfer. One mistake(when you copy a BTC wallet number, for example) and you lost your money.
Huge transactions comission(today it 7 $).
It is hard to buy something for bitcoin.

But , but, but.
You take a 1000$ and buy some Bitcoin. Then, create a wallet on your local computer. Send to it your bitcoin.
And now...
Nobody can freeze, arrest, steal your Bitcoin.
And [COLOR="Black"]this[/COLOR] is a big advantage.

You and only you have full control of it. Until somebody access your private key.

Yeap! At the moment buying thing with the help of BTC is not convenient but this is a minor disadvantage compared to the merits you mentioned in the post.

Reply With Quote
Thanked by:
  #13 (permalink)
ethlen
france paris
 
Posts: 12 since Apr 2021
Thanks Given: 1
Thanks Received: 1


very insteresting thanks

Reply With Quote




Last Updated on July 3, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts