Bitcoin Forum

This is my new article, I am posting it here for discussion, thx for your comments. original article medium link is https://medium.com/@paul.fabozzi/what-makes-bitcoin-so-special-6734b54f689 (https://medium.com/@paul.fabozzi/what-makes-bitcoin-so-special-6734b54f689)

What Makes Bitcoin So Special
And why a “better” version of Bitcoin won’t replace it so easily

Bitcoin, an invention by the anonymous cypherpunk Satoshi Nakamoto is the worlds first successful cryptocurrency. Prior to Bitcoin it wasn’t possible to pay anyone on the internet without having intermediaries or middle men involved. Shortly after its introduction many variants of it arrived on the scene called altcoins, with promises of faster confirmations, better scaling, better privacy features, and with more robust smart contract support. However Bitcoin holds far more value than any of the newcomers. Where does this value come from, and why do so many consider Bitcoin far superior? This article will explore some of the properties of bitcoin and how they come together to make something truly unique, and not very easy to duplicate.

Decentralization

There would be nothing special about Bitcoin if it were not decentralized. Its that its decentralized that gives it such appeal, nobody is in control, and that’s good. Its natural to want to solve problems by centralizing the solution, but as you do this you create centralized power, which is basically what bitcoin was invented to replace. Bitcoin was invented to be the peoples money, not a crypto PayPal.

Decentralization is not always black and white, or yes/no. It’s a scale, and this scale is always under constant pressure. Sometimes centralization attempts are hidden from view, disguised as scaling upgrades. Bitcoin has resisted these well-coordinated attacks on the network successfully.

Bitcoin was born in the wild of the cypherpunk internet back corners, and has grown decentralized from there organically. Its, still anonymous inventor (Satoshi Nakamoto) disappeared shortly after starting up the network, and since then the software that runs the nodes are developed and maintained by thousands of volunteers and contributors. Even its development is the most decentralized.

Decentralization also means there is nobody to ask permission to use it, nobody who can sensor it, no way to keep transactions inside real world borders, nobody who has ability to seize funds or reverse transactions, nobody to ask permission to start a new application or startup on it. These qualities are all features, not bugs.

Bitcoin has the highest overall level of decentralization among all cryptocurrencies.

Immutability

One of Bitcoins most valuable properties is the immutability of its blockchain. To be immutable means it cannot be changed, and having an unchangeable ledger is something that has never been possible before bitcoin. This is where bitcoin and all of the other coins are different, none of the other coins or altcoins can claim to have a truly immutable ledger or blockchain. Bitcoins consensus algorithm is what regulates and controls how bitcoin works, and it’s very difficult to change consensus without all the interested parties agreeing. There is no president or founder who can wave their magic wand and force consensus changes upon the network like all the other altcoins have. There is no one person, or group of people who are in control of bitcoin, and that’s good.

A certain level of inertia in regards to the consensus algorithm exists in bitcoin that is beneficial to its immutability. You generally don’t want to have a system that can be changed very quickly on a whim containing Billions of USD worth of value. For instance, if it was decided by the miners that the mining reward needed to be doubled, such a proposal would be met with great resistance from the other interested parties, and would fail. (*Bitcoins interested parties include bitcoin holders, wallet software developers, miners, developers, merchants, application developers, and others. )

As a side effect, while bitcoin adoption grows it will be harder and harder to get network upgrades into consensus to support increased scaling, and improved privacy features that are on the developers roadmap. Eventually it will be impossible to change the consensus algorithm and it will be locked in stone.

· Bitcoin miners provide the processing power that secures the Bitcoin blockchain with 50,599,447,508,000,000(as of this writing) SHA256 Hashes Per Second. This hashing power significantly contributes to the security and immutability of the Bitcoin blockchain.

· To be able to keep a secure global immutable ledger without having any intermediaries involved is a tremendous advancement in modern financial technology.

· Participants in such a network should also expect reduced counter-party risk exposure.

Antifragility

Antifragility is a property of systems that increase in capability, resilience, or robustness as a result of stressors, shocks, volatility, noise, mistakes, faults, attacks, or failures. — Wikipedia.org

Bitcoin has been under constant attack ever since its early days. A network that, as of this writing, holds $110 billion in value makes for a big honeypot. As a result bitcoin has developed a certain immune system that continues to improve into the future.

• One of the early fixes to the early bitcoin protocol was to make the script language turing incomplete, which means you cannot write very complex smart contracts on its blockchain. This was removed from the bitcoin protocol because it introduced a broad attack surface. The removal of turing complete scripts from bitcoin hardened it and protected it from many possible attacks. It was decided early in Bitcoins development that it would favor safety and security over flexibility. Many other adjustments have been enacted along the way in response to the constant barrage of attacks.

To say that bitcoin has survived and thrived in this environment is an understatement. Bitcoin has never once suffered a hack to its protocol, not once has an invalid transaction been included into the blockchain, not once has a transaction been reversed after suitably being recorded onto the blockchain. Sure, many have had there bitcoin hacked, but its important to know that all of those cases are of people being sloppy with their private keys. Bitcoin was not hacked, your keys were stolen. If you are sloppy with the combination to your safe, don’t be upset when you find it empty. Not your keys, not your bitcoin.

I expect that bitcoin will continue to adapt and evolve in response to future threats.

Scarcity

Bitcoin could possibly be the most scarce asset on earth. There will only ever be barely 21 million bitcoin in existence. Taking into account its decentralized nature, and its immutability, and the inert nature of its protocol development its hard to see this ever changing. With over 7 billion humans on earth, there are not many to go around. fortunately each of those bitcoin can be broken into 100,000,000 units called Satoshi.

Unlike gold when the demand for bitcoin quickly rises, the miners cannot just increase the supply in response to increased demand. There is no way to just mine more bitcoin in response to demand. This dynamic along with bitcoins schedule of diminishing mining rewards will contribute to its rarity as adoption grows. This could produce a market cap many multiples of where we are today in a short period of time.

Many of the altcoins have no coin cap, or have such weak security model that the cap can be changed by decree.

These properties are conducive to the bitcoin network being a great store of value outside the traditional monetary system.

The lightning Network

In early 2018 a second layer network on top of bitcoin began to run, the Lightning Network. This new network promises to solve many of the scaling challenges that are inherent with recording every single global transaction onto the blockchain. The Lightning Network basically allows for many off-chain transactions to take place that are periodically settled on-chain.

The Lightning Network also easily allows for micro transactions, streaming money applications, and a new kind of transaction called atomic swaps, swap Bitcoin for Litecoin without an exchange in a trustless environment. Many other applications are being built on top of the lightning network, many more still have not been thought up yet.

Further when making lightning transactions there is never a need to wait 10 minutes for transactions to confirm into a block, like you would when making regular on-chain bitcoin transactions.

With a good lightning wallet, and a few bucks worth of bitcoin in a payment channel you (And everyone else on earth) will be able to get that allusive cup of coffee every morning with bitcoin and not break the network.

The Lightning Network is just one of many possible layer 2 networks.There are also plans for a second layer network www.rsk.co that will support rich ethereum style smart contracts (turing complete) with bitcoin(BTC) as the token. With all the new capabilities made possible by the 2017 segregated witness upgrade to bitcoin, its possible that many nich cryptocurrency applications could be handled on a second layer using bitcoin as its token.

In Conclusion

In modern-day times its natural to think that if something is brand new, just wait and a better, faster, cheaper version will be out soon enough. This is certainly a contributing factor to the allure of altcoins. However Bitcoin has developed in a way that may be impossible for it to be replaced. It seems that the really important properties don’t come along when its copied.

the software that RUNS the nodes = bitcoin core reference client. the "core" of the network
vs the software that uses the network = litewallets that follow CORES rules

try not to confuse the two

now lets be unbiased and actually be realistic
Core software is not decentralised. there is one github. when satoshi was around developers helping satoshi were using many sources. their own github repos, sourceforge and other places. they all formed idea's and posted code on this forum, in IRC and other places. and it all came to a consensus..   

since satoshi's departure it all got centralised into the one github. and now proposals are not simply programmed in and then activated if a high majority used them and accepted them by seeing there was not much if any orphans/rejects occuring based on consensus of using different features. or by pre announcing activation using flags of activation. via many differing repo's proposals
these days it has to go through a moderated process centred inside the single github repo. by certain devs of "the reference client" called core

so although core network may be distributed. it is very much centralised

ask yourself this. are apple phones decentralised or distributed. many millions of people use it around the world. but its code and manufacturing is controlled by one brand who set the rules.
the developers of apple phones are wide spread over multiple locations and warehouses and offices. but ultimately are under one brand.

please do not rebut with the instant reaction to defend or deflect. take time to have a coffee and relax and think truthfully, deep and hard about the reality. and not just reply to try sweeping/deflecting the issue under the carpet like its an issue you would prefer to be swept under the carpet and not dealt with

i am not of a different team trying to attack. i am just raising the awareness of reality so that people dont over promise and under deliver. i want people to be aware that things are not as advertised so they can realise the reality. and ultimately the goal is to ensure core does not let their power go to their head and continue becoming the monarchy of the network. but to actually keep them on their toes and to actually allow and help the community come to consensus agreements independently in different teams outside the core github. rather than act as a monarchy where any change regime they disagree with is treated as an attack before the community even get a chance to decide

ill try to keep this one short

the lightning network is a separate network and not a feature of bitcoin. as you concluded that the lightning network allows other currency swaps.

bitcoin has been modified to be LN compatible* so that multiple coins can function on the lightning network. LN was not created to only support bitcoin.

*(rather than LN modified to only be bitcoin compatible)

Good Points.  

I would imagine that all the other projects are just as centralized in their github structure as bitcoin is, but I think I was trying to (unsuccessfully as it seems) to say that there are alot of individuals that contribute ideas, and actual code to this project, alot more than other projects.  I know that there is a person who is in control who approves that code, and that person adds to its centralization.  Its not perfect system, but as long as the rest of the interested parties are ok with how they approve code they will continue to be allowed to do so(Or rather, people will continue to run their node).  Isnt that how it works?  

Good Points on Lightning Network Too.

double edged question
1. if your not running their rules your not on their network
2. core only had 35% acceptance of the segwit changes. but the devs who love segwit proposed a mandatory accept or get banned/rejected off the network that was mandated to occur in august. so its not a free spirited system as you presume.
3. yes its how it works today. but thats not the correct way. its not the way it always worked or the way it worked in satoshi's day.

a few years ago it used to be multiple software bases with no mandated date of activation of their proposals. but if a majority consensus of utility was seen of a different software then the proposals of that software would get activated. but now it all has to go through core. and any other proposal attempts are required to go through core. anything not acceptable to core is deemed as an attack.
the important definition of true decentralisation is that there is no single point of an attack and nothing to be attacked. so having the mindset that something is being attacked. is admitting there is a point of attack. thus not decentralised.

as for the interested parties. well the whole 'consensus roadmap' was designed to get certain businesses funded by a certain group to be the interested parties. and all pull rank to maneuver the process of 35%->100% along before november 2017.

again even the interested parties are one sided, whilst everyone else is left to just follow the interested parties or go play with a different network coin elswhere.

bitcoin went from no control anyone and everyone is treated as an interested party and everyone have an equal level of participation. to being a ranking system/monarchy.

its one of the reasons satoshi left. he didnt want to be the 'go to' guy that vetted it all. he didnt want to review everyones code. he wanted consensus to decide, not him. though many twisted his words to say that he was not happy with so many differing versions of the software which he could not review, as their way of pushing towards a central hub as their solution.

bitcoin is you can earn through mining with the use of computer processors to mine and it's called blockchain
every blockchain have difficulty, i don't know what is difficulty in blockchain.. and bitcoin is very special... with the use of miner like Sha 256 and antminer s9. and mining software direct to your wallet and you can convert  it as currency, the bitcoin is digital currency because you cannot touch it, but you can convert it as money..
another special in bitcoin, is non taxable.. because they not monitor the bitcoin. because bitcoin is decentralized blockchain..

1: true,  but if only a few developers who control the github were in the vast minority of a consensus change, we would all fork away from them.  We would all be happy about this, and if its truly UN-contentious we would all move like a herd in lock-step.  As a matter of fact, not upgrading to their code would be all the move that would be necessary while we take future upgrades from a different github.
2: wasnt the mandatory thing that happened in Aug of 2017 the UASF?  Didnt the users of nodes, not the developers on bitcoin.org threaten that action?

Frank, thx for your comments, im going to edit the article on medium taking your input into consideration.

Paul

I think bitcoin is special because it is control and manage by yourself no third party need to tell you how you should run your investment that is why is called a decentralized platform, secondly bitcoin is the most special coin among other coins in cryptocurrency because of it potential and the row it playing as the first crytpocurrency coin in blockchain technology which make him the king among other coins. 

because bitcoin prices are really hard to be sure sometimes can rise up to several million. within a few weeks and used to helping one's economic needs to rise. and bitcoin can also be called gold because the price is relatively expensive.

Circulation of concepts !!
Bitcoin is so popular and in demand, not because he, as the author "https://bitcointalk.org/index.php?topic=5029920.0" points out, is decentralized, immutable, anti-fractal and poor, but because it is the first practical implementation of the ability to evaluate, accumulate and implement information on the Internet. Being the main concept of Bitcoin has become the basis for alternative currencies. As the first car, on the basis of which construction principles the automotive industry further developed.
If in the future any alternative currency implements the new principles of existence and sale of information, then Bitcoin is unlikely to be able to hold the first place in the popularity and demand rating.
In the meantime, Bitcoin is popular - it is expensive, and expensive because it is popular.


if the post was useful, I will be glad + Merit  ;)

You are correct. I too, believe that bitcoin is special since it is the first crypto currency created. It marks and it is rooted in the heart of every crypto investor.

Many things make Bitcoin special and different from other things. Bitcoin has a centralized system, guaranteed security and also a very sophisticated system. For me Bitcoin is an answer for the financial system in the future. Bitcoin uses Blockchain Technology and this makes bitcoin a system that is in great demand by many people in the world.

In my personal opinion Bitcoins is special as it's not a centralised coin, it's decentralised and that saves my taxes. The very fact that I can send huge amounts across the border paying cents is a major bonus, had I choose to pay via banks or PayPal the fees would have killed me. It's pertinent to note that it's appreciating prices is what makes it desirable, as no other asset class can give such huge returns in a short period of time.

For me   what makes Bitcoin special  is  the  technology behind it the Blockchain Technology that can Improve our lives in the future  and also can  make   our transaction more easier. And also the Idea  that   can  transact or transfer coins without middle man on it. Lastly it is limited  and rare.

Any alternative currency has the same properties as Bitcoin, minor differences are in a smaller scope and, accordingly, the price of them. The peculiarity of Bitcoin is that in the practical implementation of an alternative currency, conversion into local Fiat currency occurs through Bitcoin. Such a regulator for any alternative. This is the main uniqueness and significance of Bitcoin.


ecли cooбщeниe былo пoлeзнo, я бyдy paд + Зacлyгa   ;)

This is so true. Actually any other coins as same as the bitcoin. But the thing with bitcoin is, it is the first and no other coin can beat it. This is really efficient and effective in all sides. At the same time it is really good to know that no one has the control into it.

First of all, human nature requires freedom. Don't ignore that. For the first time, this was an idea like Bitcoin. Nobody knows nobody's wallet unless the owner wants it. This is very important in my opinion.

Many government agencies of the world community are making significant efforts to control bitcoin. For pro-government organizations and controllers of the world economy, Bitcoin as a “bone in the throat”.
It is safe to say that: YES! Bitcoin is freedom !! And so he is so special and many states don't like.

Bitcoin is special because it's the first and most trusted cryptocurrency. What op writes in the article, however, largely seems to be true for most of cryptocurrencies and is more about the advantages of blockchain and limited supply, rather than bitcoin specifically. So if we talk about why blockchain is special, our company decided to adopt blockchain, because it makes the transactions a lot easier and faster than while dealing with banks. As we have partners in different countries, we are used to issues like a lot of time for a Swift transfer to be processed and very significant transaction fees. We will accept only our tokens as payment on the platform, because we don't want to fall victims of the extremely volatile crypto market in general.

of course, in terms of price and usefulness, as long as this bitcoin is the price that is always increasing and the best place for long-term investments, the results are quite promising. So bitcoin is the most special and special coin for all investors and users

For me, bitcoin is really is special. I love how it came and what have its done through out the years. Although it run silently and is not that being patronise, as a user of it, I can say that its performace is good as it supplies my financial needs.

I also think the secrecy and uncertainty about the identity of Satoshi Nakamoto gives Bitcoin that extra mystique that other

coins do not have. You know, when you buy an item or a collectable ( Antique ), you always pay a bit more, if there are a

good story attached to that item and the same goes for Bitcoin. A lot of people hear the story of Satoshi and Lazlo and they

become emotionally attached to the whole thing. (Most people also like the fact that a lot of the Bitcoin supporters have to

fight for the technology to survive, when all the odds are stacked against them)  ;)

Well, in my understanding, btc is so special in a way that this is the first ever digital currency to operate successfully with a very high equivalent market price value that no other cryptocurrency had surpass. BTC can be either be good for investment and also good as a payment system where it is now widely adopted worldwide. Currently, BTC had gained many supporters worldwide since they had witnessed the ATH last Q4 of 2017 where it is also expected by the many people in the crypto community to make another history same as last year. Though btc involves high risk investment but it does give high return of investment in due time.

In my opinion there is one main thing that makes Bitcoin so special. It was the first ever cryptocurrency wich brought us the whole technology of Blockchain. It is by far the most common cryptocurrency and the most populair one.

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Bitcoin can be special only for one reason and that's why Bitcoin is a pioneer.

Bitcoin has a lot of features, but the main feature is that it does not belong to anyone and thanks to it new technologies appear ! I still believe that 1 bitcoin can make you happy !

in my opinion, the most interesting value and always making special bitcoin is decentralized and scarcity.

this is an important point that is different from other currencies, and only bitcoin has that value.

what makes bitcoin special is our own whether bitcoin can boast of being great

Bitcoin and cryptocurrency still have problems in this field. So for antifragility it still hasn't really materialized. especially volatility. Cryptocurrency is still arguably vulnerable because until now its development access is still limited

this point is what keeps me going for holding bitcoin, currently around 17 million bitcoin is on circulation and will continue to increase, so the total supply has begun to decrease and according to economic law, rare things with a lot of demand will make the price be very high

I agree with you the scarcity of bitcoin and growing demand is what allows bitcoin prices to continue to increase and this is the most special thing in this long-term bitcoin investment

Its usefulness and the technology on how it is operating and moving makes it so special.. The blockchain application in transactions and different stuffs makes more special, as long as the price of bitcoin rises , the other crypto price also rises.. Almost all altcoins are dependent on it, because it is the pioneer of cryptocurrency, as long as it is existing , it is very special.

For me what makes Bitcoin so special is that not only of being decentralized, adopted Lightning Network which is pretty nice and scarcity but also it's strong support of the community that which make it the most popular crypto and the most adopted digital currency all over the world. Adoption really makes Bitcoin a great coin as it is accepted in most cases as a mode of payment in some countries or merchants.

Freedom of use.

That is right, for me bitcoin is special because it has a  lot of advantage and we all know that in the future we will have the chance that bitcoin will be the currency so we should adapt this as much as possible.

There are many thing which make bitcoin so special. First of all is its decentralised nature because which it doesn't under control of any kind of authority or government and second thing is its market price. It is the first virtual currency which price is higher then gold. This thing make it as a investing tool and also make it special too. Secondly its money transaction facility which also make it special. It provides the uninterrupted and untraceable money transaction facility. And also provide untroubled international money transaction facility. And this thing also make it special too.

 
Bitcoins came into existence when at the verge of Economic and Financial Collapse of US Market. At the time when Lehman Brothers collapsed and took away investors’ sleep at night, an Inventor, Software Developer, Legend Satoshi Nakamoto (Pseudo Name) published a paper called Bitcoin for peer to peer payment.

The reason of Bitcoin becoming so popular are mostly because of its’ characteristics:

1.Decentralized in nature
2.Anonymity
3.Transparency
4.It's easy to set up: Compared to traditional Bank account Bitcoin account can be set up in minutes or even seconds! No questions are asked or no fees are taken
5.Broad applications

Bitcoin is the easiest way to earn a lot of money and that too in a shorter period of time.The signature campaigns are an easy way to earn Bitcoins and therefore money.They pay you weekly and according to your rank.So if your rank is higher then you can get higher payments.Bitcoin in today's date is the best option for investment purposes because the prices are slowly and steadily increasing and the investors are getting decent amount of profit returns.Bitcoin is the father of all the cryptocurrencies and it is the most expensive one too.

In my opinion, the one thing that makes the price of Bitcoin special is its very high price. that's the only strongest reason, why Bitcoin is so special. and the second is its usefulness, Yes ... Only Digital assets but Bitcoin can have very high value, and prices are extraordinarily expensive.

Bitcoin is not a single feature currency but it's features are increasing day by day and majority of the people are now using crypto because it is the modern era currency so that we can use it for special purpose like now we can buy an expensive property and other expensive items are now trading through crypto which is more safe and secure than fiat ever. Fee for transactions is low so it makes bitcoin special than any other currency and in the crypto bitcoin is special.

There are many reasons for making Bitcoin so special and different than altcoins. It is the most successful and popular cryptocurrency right now, and it have the most active community among cryptocurrencies generally. Also, its market is somehow stable compared to the other crypto markets. In addition, it have the highest price.

You correctly mentioned the main reasons why Bitcoin is number one currency but I disagree you when saying "a “better” version of Bitcoin won’t replace it so easily". Currently there doesn't exists real better version, I can only think about monero as it's alternative and something that can change bitcoin, I think it's clear for you why I think this way, people want anonimity from crypto, this is major thing, money makers abused bitcoin and worsen it at some point.

All I can say that, as far as I know and I have seen in every sector. The pioneer of anything in any sector grabs that place for all time what ever happens if that process and new thought is accepted by the people. So in this case it took a long time to be noticed and get well known to the people world wide but once it did we saw the acceptance of it. All because of it's unique thought and unique system which made people crazy for it easily. So shortly because of it's incomparable pioneer idea, unique and thoughtful innovation and features that changed the thinking of currency on planet earth makes Bitcoin Scecial....

in my opinion, in addition to cryptocurrency bitcoin, up to now, bitcoin is still at the highest price, its value and price for other cryptocurrencies may be a general opinion that can be conveyed.

Yes, exactly bitcoin is the first digital cryptocurrency and it has the highest market capitalization and it is the most popular as well as most top cryptocurrency right now in the market. And also it has a great impact on the market as well. That's why it is so special.

Special values always identical to values that are different from others. in my opinion decentralized becomes an attraction for every investor.

and decentralized has a positive impact to secure each of our assets, hard to hack, and transactions become more efficient.
but, this is only a small part of the function of bitcoin, on the basis, that bitcoin has weaknesses too, but positive values dominate bitcoin. so that weaknesses can be covered.

You have written well, and the simple reason why bitcoin "so special" is because it is a goldmine for those who saw the future coming.

BTC form the beginning of its creation has been one of the special coins on the exchange markets. One thing I know that makes it special is its use all over the wolrd and also it being secured.

The fact that AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

for me bitcoin is very special because bitcoin is the first digital currency without USD, so they have their own value, so i think bitcoin is very special, and we can see that bitcoin is use the blockchain system, so its very secure and tranparetn

Compared to the other cryptocurrencies, Bitcoin has the most developers and the most security.  The immense amount of hash power that is on the bitcoin mining network is what gives it trust.  Bitcoin and Eth are far ahead the rest of the cryptocurrency market in terms of adoption.

For me bitcoin is special because of the benefits brings. That no one can give you except for bitcoin. It help us to reach our goal in life and make our life easier.

Bitcoin actually is a breakthrough,it is the first currency that able to go decentralized, anonymity and immutability, I would say Bitcoin is a great invention for economic and new transaction system,it just so unfortunate that some party not support the existence of Bitcoin,if it's being used by all countries we will see another breakthrough make by Bitcoin

Bitcoin is the first born Crypto currency and if you have been a father or a mother, you would know that your first born is always a little bit more "special" than your other children. Do not get me wrong, you do not love the other children less, but the experience you had with your first born, will always be unique. <The first dirty nappy or the panic when you did something wrong>

After the first born and the experience you gained, other Alt coins are easier to understand and a little bit less "special".  ;)

which makes bitcoin special, because bitcoin has a very high price and
the supply of coins is also limited, this is different from coin coins that have a lot of coins and the price is not too high, so that's what makes bitcoin special.

Bitcoins is the most technically old but have big invested moneys and trust from community.
And how we know it woks without problems on any overloads, what i cant say about eth, eth network stops on cryptokitties and dont work

I think the volatility and the sustainability of the bitcoin are the two characteristics that makes bitcoin so special, as when it was introduced a decade ago no one was in the favour of bitcoin and very few who believed on it are now the bitcoin billionaires so after getting this potential of bitcoin, now millions of people around the world are investing into bitcoin and then after its introduction it has opened many job opportunities and enabled people to earn good life and then there are even assumptions that it could replace the current currency system in the future.

Bitcoin is different from other coins and also bitcoin which puts the crypto currency first to the world and becomes famous as it is now. So that bitcoin becomes special in the eyes of those who see it.

I agree with some ideas which you had mentioned above. Bitcoin is decentralized and has no central side, that means you don't need a third side to transmit your Bitcoin, it's surely safer. Moreover, Bitcoin is scarcity which makes Bitcoin beat all other altcoins. Only 21 millions Bitcoin all around the world will not make inflation in this cryptocurrency market. The bottom line, at this time bitcoin is the most special of the crypto market.

Obviously, this is the first time I have ever seen a type of crypto that the price can reach over $ 20000 like bitcoin. Normally, no altcoins can be at this price, that makes Bitcoin special. Furthermore, many brands accept customers pay by Bitcoin at a lots goods. So, you know Bitcoin gradually exchange money in some sides and the future world is going to develop more due to this special cryptocurrency.

from my point of view, the reason make bitcoin so special is because bitcoin is a profitable investment. It is easy to see that bitcoin can bring unstoppable profit for bitcoiners. As long as you still believe in bitcoin, it will never let you down

Bitcoin is special is so many ways because it is easily accessible and more secure.

I think that makes bitcoin so special because bitcoin is decentralized so that we can more freely manage finances without third party regulation. Besides decentralization, the limited amount of bitcoin also makes bitcoin can increase its value, and that can be an advantage by having bitcoin.

many are interested in bitcoin because at the end of last year price jumped significantly, so many wanted rich quick. but for those who already know bitcoin at the beginning, of course they have become rich

Everythig bitcoin is now, it is because of us . We liked bitcoin since he was just a “kid” , he became so populare and special just because a lot of people belived in bitcoin and invested in him . Bitcoin is know to be special just because he had the biggest value of all altcoins and thats why he was named the king of the cryptocurrency

What makes AML BitCoin so special is that AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

Bitcoin is the world first decentralised digital currency. And this thing make it special among world other currency. Because of its decentralised nature it is not under control of any kind of authority or government. It is an independent currency and because of this many people like to use it. Another reason which make it special is its market price which is comparable to gold and also higher then that of other cryptocurrency. And Because of this many people show their first choice towards bitcoin.

Bitcoin is so much special in all ramifications. This is what opened the window of opportunities we now have every today in cryptocurrency. It has the altcoins built on its platform.

Bitcoin is best crypto, it has good price and the technology behind this coin that is blockchain, it is completely secure and safe for investors.

what makes bitcoin so special for me is the fact that it has a high value and the fact that it is decentralized, this is a revolutionary currency for me that uses blockchain technology that makes it more very special. It is our freedom and in the future I am hopeful that in the future it will touch each and everyone of us.

Bitcoin is so special due to the role it plays in the cryptocurrency network and the ecosystem, bitcoin as the mother coin has made it possible for all other digital currency to have an image of decentralized nature despite the fact that some other altcoins are operating on a centralized mode. Bitcoin have also serve as the determinant factor when it come to crypto currency price progress and movement.

 although it is very important to us, is because it is not perceived to be scarce,” he said.

Bitcoin has scarcity, because of the 21 million Bitcoin limitation which is built into the system.

It also has utility, because it makes it possible to send anyone in the world Bitcoin very fast, and at a fraction of the cost of using traditional banking platforms.

While its enormous growth is attracting interest from investors, Ehsani advises a healthy dose of scepticism before putting money into Bitcoin.

However, he encourages people to think about what impact Bitcoin can have on the world.

“For the first time in a very long time, the very nature of what money is, is changing,” said Ehsani.

Simon Brown from Just One Lap sees Bitcoin as an “alternative investment”, and likened it to gold and exotic art.

Brown highlighted that Bitcoin is not a store of wealth, and follows market movements related to world events fairly closely.

what i feel right now is a price spike last year, where many people focused their attention on bitcoin. a lot of news on television that broadcasts bitcoin's toughness, so many people get rich

Bitcoin is special not because of only one reason but it has so other fantastic features and bitcoin is special because it is virtual currency and a good method of online payment and for joining online casino that is other achievement of bitcoin and it is acceptable every where in the world with out any problem.

because many people invest in bitcoin and most of them have become millionaires. even bitcoin also provides opportunities for the poor to become millionaires. in the near future .

the features of btc made me crazy and the price is very high, iit is increasing everytime, we are early waiting to see the price increasing more and more

Bitcoin is special because it has so many features.It is an independent currency which throws a light on it's decentralized nature.It provides it's users a chance to have gainful investments.Bitcoin transactions are cheap and fast.These features and many others make Bitcoin a special currency.

There are 2 things that make Special Bitcoin compared to other crypto, first the most popular Bitcoin in the world and making it the number 1 crypto in the crypto market so Bitcoin can be used as a transaction tool in several countries. Another function that makes Bitcoin a So Special is that Bitcoin can be used as a storage place for assets that can be an investment in the future, but this requires expertise and experience to make Bitcoin special.

In today's era, the pace of technological development has led to many changes in people's lives, making them feel happier. BTC was created to meet that need. The introduction of this currency, coupled with its management, reliability makes it the most valuable currency today for large investors in the world of trust.  ;)

For me, it is just simple because nothing can be compared with Bitcoin and the truth of it that it is the first thing that have been brought to this world that can make it unique as it is.

Because the security system is a very safe. Very simple and easy to investment a bitcoin, the price of bitcoin is also very high up to its peak, but it can go down to the bottom. Very safe

because I'm happy about finance, so I'm excited if the problem is looking for profit or money and I can finally learn also programmed like this and the results are there and the program is good and safe and I agree that

yes I think like there is something that I feel at home and survive until now mining bitcoin is a good program feature, simple to understand and others it's pretty good security in my opinion and I guarantee investing in coins will be safe

I don't think there is more privilege than bitcoin with other currencies besides transaction speed and transparency. Although various people complain about the speed of bitcoin transactions. However, it is natural because bitcoin and its systems will continue to develop to find solutions to solve the problem. The privileges mentioned above are the simplest things from bitcoin.

in my eyes bitcoin is special because the price of bitcoin is very volatile, with prices like that I can take considerable profits. that's the specialty of bitcoin.

With all the drama's within the parties of the developer of Bitcoin,  I believe the thing that makes it special is that it revolutionized the finance system.  It awakens lots of people on how the centralized system of banks cheats and it gives way to lots of development of blockchain technology.

the peculiarity of bitcoin is its volatility, but volatility depends on the fact that it participates in the exchange of most of the issued crypto-currencies, being the equivalent of the crypto-currency market.

I think bitcoin is special because it is control and manage by yourself no third party need to tell you how you should run your investment that is why is called a decentralized platform, secondly bitcoin is the most special coin among other coins in cryptocurrency because of it potential and the row it playing as the first crytpocurrency coin in blockchain technology which make him the king among other coins.

There are many things that make Bitcoin special to us. Bitcoin is a cryptographic coin with memorable and unexpected events from its formation to the present. Talking about Bitcoin, I think many people do not have to think about the value of it, the story of the world's most expensive pizza, the boom of Bitcoin in 2017...

It is special because of it's value and it is also used for all over the world, bitcoin is very hopeful treading that's why it is having more value & so special...mining software direct to our wallet and we can convert  it as currency, the bitcoin is digital currency because we cannot touch it, but we can convert it as money.. :D :D

there are many advantage are in btc but u should utilize in smart way. btc have good price in market and very high security for your investment,there is very less charges in transaction for your service.

Bitcoin is really amazing and special because of its amazing feature and price. The price of bitcoin is really attracting many more investors attract on it and I believe that in the near future many more people wil show their interest on it and maybe they will invest into bitcoin. I believe in bitcoin and i believe that the bull run will soon occur.

Too many organizations and communities are interested in using Bitcoin and altcoin! Bitcoin has become a system, Bitcoin's development opportunities and altcoin are immense!

Bitcoin is special because it's the first and most trusted cryptocurrency.Bitcoin has a centralized system, guaranteed security and also a very sophisticated system. For me Bitcoin is an answer for the financial system in the future. So bitcoin is the most special and special coin for all investors and users.

In my point of view that it is special it is becuase of  the blockchain technology. It is the first digital coin in the world of crytocurrency.

Bitcoin has scarcity, because of the 21 million Bitcoin limitation which is built into the system.
It also has utility, because it makes it possible to send anyone in the world Bitcoin very fast, and at a fraction of the cost of using traditional banking platforms.

I think, bitcoin has very high selling points and now bitcoin is very much sought after. this makes bitcoin very special in my eyes. bitcoin values can rise and fall so we must be observant in starting investment.

bitcoin is very special, the first because of bitcoin is super great technology. Bitcoin is a pioneer among the many coins that have sprung up today. Secondly, bitcoin makes its users work according to what they want without time. The third, makes it easy to transact in various countries cheaply. And what is special is that the value of bitcoin is always unpredictable, so that its users always monitor market prices.

because bitcoin has a very expensive price compared to other crypto coins, even though it has a high risk but bitcoin is a very profitable investment place if we know how to use it, bitcoin can change one's economy much better than before, that's what makes bitcoin very special.

I agree with some of the statements you have made . I believe that bitcoin can reach the amount of 20,000 dollars. Because many already use this currency. Even now, many companies accept payment by bitcoin.

Bitcoin especially thanks to the price, the improvement with the traditional way. Bitcoin is the currency that dominates the virtual currency market. All Bitcoin movements on the market affect other Altcoins.

It has many unigue properties but the most important part of BTC is having no intermediate. There is no person or group who has the  control. That makes it very special and I hope it will not change.

For me, being decentralized is one of the reasons why bitcoin is so special. It will make your transaction secure from being exposed because you can transact in the blockchain anytime without putting your information anymore. On the other hand, your crypto earnings are also free of tax which means you will get a 100% crypto profit.

Bitcoin is indeed special and has many advantages that are able to break the global market in the real world, many countries still doubt bitcoin, but the development of bitcoin is not inferior to the progress of a country. In fact, the new bitcoin for a long time has been able to conquer several countries to be accepted and allowed to develop properly.

Bitcoin is very special to me because it is my first cryptocurrency, and i think most peoples too.
Although the speed of bitcoin transaction slower than altcoins, the value of bitcoin doesn't decrease. It means many peoples still use bitcoin.

What makes bitcoin special is the decentralized nature which makes it unique and also transactions are made easy, bitcoin is profitable tom it's users, it is not controlled by any body and is the king of the cryptos.

There are so many reason make bitcoin so special but for me beneficial is the best reason. It can bring unstoppable benefits to us

from my point of view, bitcoin is really special because wedcon'n know anyone but we can still take part in the market. furthermore, we can pay anyone on the internet no matter where they are, no matter who they are in the world.

Thast right, for people who use bitcoin as a currency, decentralization is the most amazing thing because it gives you privacy and freedom. for me as a trader, fluctuations are a feature that is special of the bitcoin market, you can make a big profit quickly because of that..

Bitcoin becomes special because it has a myriad of unique and interesting facts, including:

• Bitcoin is not like other currencies, because its value can fluctuate.
• There is no governing authority.
• This currency can be sent anywhere via the internet without the need to go through certain banks or sending institutions.
• The amount of bitcoin's limited to only 21 million, this can trigger the price of bitcoin to continue to rise.
• In 4 years once the supply of bitcoin will continue to experience a reduction, this certainly can trigger the price of bitcoin to continue to move up. So bitcoin can be used as a hedge when inflation occurs.
• Bitcoin is one of the biggest cryptocurrency whose popularity has reached the whole world, so it is not difficult for its users to monetize bitcoin which it owns.

Follow me:
+ New blockchain technology
+ Wide application possibilities
+ Always be attractive to venture capitalists!
+ Some other reasons

one feature of Bitcoin is its nature as a crypto currency, with an increasingly sophisticated Hash Rate (the level of complexity of cryptographic algorithms), public confidence is also increasingly guaranteed to avoid risks such as counterfeiting. This trust helps the development of a global community that strengthens its position as a currency that is not easily shaken by the conditions of society. Like gold, crypto currencies can reduce inflation.

There's no better name for bitcoin than calling it as a life changer. Others have spoken how their lives have changed when they go bitcoin investment. What makes bitcoin a very good investment is because of its characteristics mentioned above.

I think, because the selling price of bitcoin is relatively expensive and attractive to a low economy to rise to a very high economy. besides that, bitcoin can also be considered as gold. that can be invested if we need money.

$Bitcoin is special because it allows you transact without intermediaries! But the major reason I like $Bitcoin is its volatility (Without which no one can make money off of $Bitcoin)! And the fact that it obeys the basic laws of Supply and Demand that fiat money hardly obeys! $Bitcoin is also special because it comes in handy as a control tool for world economic crisis, something the different governments around the world are yet to come to terms with! If they can accept $Bitcoin for what it truly is, the world economy would be better.

What makes it special is the fact that it paved the way for the cryptocurrency world. This is the first coin that has such a price and to which no one will come soon. It occupies 52% of the total capitalization of the cryptocurrency market. That's what makes it special.

Bitcoin is very special because bitcoin like assets and bitcoin makes it easy for us to manage finances. Bitcoin is also the first in crypto and is the highest coin in the market. Bitcoin is the strongest and will survive in the long run.

Bitcoin is really impossible to replace. And why? This is a great technology that has managed to win the trust of people. Why try to invent something better?

The main advantage of bitcoin is that it was created before other cryptocurrency coins. And everything that is created now is just trying to repeat bitcoin. But his idea is still unique and unsurpassed.

Bitcoin is trusted now much more, he is the first of all crypto-coins, which gave him such a head start. And today there is no technology that would be better than bitcoin. So I keep investing only in him, he is the best.

The most attractive feature of Bitcoin is that no one needs any third party involvement in payments. Not only domestic payment but international payments could easily be done in moment without any letter of credit. Bitcoin has made the world a global village in real sense. Slowly and gradually we will witness corporate payments in crypto.

In my opinion, Bitcoin is attractive because of its value. Over years, we can not imagine how valuable Bitcoin value may be. Bitcoin increases each year, and the number of people who know Bitcoin increases.

Bitcoin is special because of its usefulness both gaining profit and payment transactions. Talking about gaining profit, if you join such bounty campaign then you can gain profit and investing bitcoin in a a long term is also good because of its value which is unstable. You can also pay and send money through the use of bitcoin that is why it is very special.

Bitcoin's transaction is a better involvement when it comes to fast service towards blockchain technology. The special about this was due to positive impact on trading and spending needs for everybody. No hassle payment system is doing great and as per feedback from bitcoin users, most of them were having 100% satisfaction.

To be brief; I think the major things that make bitcoin special are; the bitcoin is fully decentralized, fast, secure, and cheaper transaction compared to traditional banks. the bitcoin transaction is instant and has no borders or boundaries, it is global and yet acceptable worldwide.   

Bitcoin is peer to peer decentralized currency that anyone can manage their money without the central bank. Means you can withdraw and deposit you money, buys things and other stuff without the permission of the bank or any credit card that can use. In bank if you deposit you money, your money that you deposit will be decreased because of tax. In bitcoin, if you deposit there's a fee only. But your bitcoin will not decreased because central bank are not priorities the bitcoin as currency and anyone can send and transfer their money to other without any hassle . with the bitcoin is so special, any people will use this.

There are many factors that make bitcoin more special, but the simplest thing about bitcoin is the first coin to be released then bitcoin has become the world's top cryptocurrency, and again bitcoin can be used in many online stores that do provide cryptocurrency payments, we cannot claim if bitcoin has fast transactions and cheap fees, because there are many other alt-coins that have these features that have lower fees than bitcoin, and also faster transactions. But crypto's usefulness and privileges are still the same, namely being able to transact quickly to the whole world without having to wait for confirmation from many parties.

I think the thing that makes that particular bitcoin is its security. The bitcoin market is expanding around the world. There are millions of transactions in the market but bitcoin still ensures the safety of investors. So bitcoin has created great confidence for investors. Moreover, bitcoin is the world's first electronic currency. It has the attention and support of many major economies in the world.

I think all members in this forum say the truth about why bitcoin is so special, it's so cool. I personally look more at privileges that Bitcoin can change the life of someone who was poor to become rich. what makes it special from bitcoin is the extraordinary price in the world of investment this century, from what has not been acknowledged to date many countries around the world have adopted Bitcoin as a legitimate medium of exchange.

Even if bitcoin prices drops drastically, for us bitcoin is still special and will still continue to give us more profit in the near future. This is the main reason why so many people are keep holding it now.

And aside from the security it gives I think the reason why bitcoin is special because it give us the potential of gaining more profit just by investing and trading of it.

Bitcoin is special because it plays medium in all Cryptocurrency, meaning most cryptos prices and development relying on Bitcoin. Another function that makes Bitcoin a So Special is that Bitcoin can be used as a storage place for assets that can be an investment in the future, but this requires expertise and experience to make Bitcoin special.

Bitcoin is very special because it is the first and most successful cryptocurrency of our time. It has got the largest market cap, thus occupies more than 80% of the total crypto investor population. Due to its limited supply, the gradual increase in demand will cause a gradual increase in its value on the market.

Is the value of Bitcoin not? Or I think it could be the secret of Bitcoin for those who own it.

As long as you still believe in bitcoin, it will never let you down from my point of view, the reason make bitcoin so special is because bitcoin is a profitable investment. It is easy to see that bitcoin can bring unstoppable profit for bitcoiners

I think bitcoin is so special due to decentralized nature. It is a special coin amongest the all coin in cryptocurrency due to its potential and it is the first coin, no other coin can beat it.

I don't really see bitcoin as been so special. The features of the bitcoin ecosystem does not make it special, it shows a different way the world financial system can be adapted towards. Bitcoin platform just shows the unique nature at which digital currency transforms the financial ecosystem of the world.

In Bitcoin, everything is specific from beginning to end. Especially if you compare it with long-existing financial instruments.

Over the years the coin as built a formidable governing structure and has the largest community, This has influenced a regular development process as mentioned in OP. The limited supply also made the demand always stiff.

It is limited and then it is reduced by a lot of user that lost a lot of Bitcoins at it's early stage.

With that, the supply is decreased, the demand will be getting an increase since the law of demand and supply says the higher the demand, the lower the supply. If you will be thinking about it, Bitcoin is not really special but it is really expensive.

Well, I agree with you, you can also send bigger amounts of money by paying a small amount of transfer fees.

bitcoin is a whole new type of digital currency which was never come into market. People like it because it is completely anonymous and dislike it because of sudden loss or profit in many cases.

I think so very special bitcoin in crypto is because it's the first coin to enter cryptocurrency and this is what I base coins on when it comes to volume and market price, so that's why it's a bitcoin really special.

because of their values and Name coz bitcoin is one of the popular and top coins in crypto currencies

  We acknowledge bitcoin's expensivity based by its demand rate. The constitution of its development was promisingly incridible, which it called a special asset in all currencies. The more we invest bitcoin, the merrier demand it grows. This is how we must deal bitcoin in order to gain the great thrives as well.

Bitcoin is special simply because of it's numerous features,you can use bitcoin to buy airtime, data,exchange it with fiat,in almost all the countries where cryptocurrency is known..

I think it's really cheap answer which have no value. I think you need to read this post clearly also make a simple research about bitcoin features and advantages of bitcoin. google this and it will help you.thanks

Bitcoin is unique not only among all the usual national currencies, but also among all cryptocurrencies. I do not know any coin that would be comparable to bitcoin in terms of trust. He's really special.

I agree with you that bitcoin simply cannot be replaced. For 10 years, a variety of projects and altcoins have been created, but bitcoin still continues to be a leader. And it is unlikely to change ever.

It can act as currency and investment unlike fiat.
It's also provide cheaper transaction fee when transferring around the world.

Yes, bitcoin is revolutionary currency that exist in this digital era !

The main feature of bitcoin is that using It, there is no need to trust anyone: if your client reports the balance of his account or data on payments made, the truth of his words can always confirm the blockchain. When PayPal tells you this information, you have to trust the PayPal accounting systems, and believe that The company is not going to freeze your accounts, deny you withdrawals or even declare its own bankruptcy.

To your these qualities can still add a factor of time. After all, when the system does not have a trusted person, it can earn trust only after a certain time.

the one and only thing that make bitcoin special is price of bitcoin, many people interest with bitcoin because price of bitcoin
i think when bitcoin just reach $10 many people come out from there

I think bitcoin is super special because of it unique features and its also the first and most valuable coin in the blockchain world. The value of bitcoin keep going higher because many investors has confirm it as the most secured coin in the history of crypto bitcoin has good reputations I believed it will keep leading all other coins as the number of it fan keep increasing every day.

Yes i agree that all you said is true bitcoin is a special it is the future of all it shows how will the flow of the money in the future the fastest and the safest method of transferring and processing of money transaction that would easy because of blockchain network of bitcoin.

because bitcoin can we use as a currency such as paper currency for transactions in certain countries. and bitcoin has a better future than other crypto bro.

There is no doubt that the most important advantage of Bitcoin is the decentralized system, the second is anonymity, and the third is the transfer speed regardless of the distance.

Paypal can be better in transaction speed and fees. if bitcoin transaction requires expensive fees to be able to get confirmation quickly,
this problem will be a big problem if bitcoin is increasingly expensive and more users are in the networked.

Great thoughts shared in your article.

To me, the uniqueness of a bitcoin lays in a technological novelty and pioneering, the privacy of the transactions and independence. These I think are the main features that attract people in bitcoin. The decenralization is a key of a human interest in crypto.

The price of bitcoin makes it special because other coins doesn't reach thousands of dollars. Bitcoin is the best coin ever the popularity also makes bitcoin to be special. This the first crypto coin that have been launched and bitcoin is the beginning of the cryptocurrency.

Bitcoin is so special because bitcoin can be a new source to help us to make money, help us to have a new investment in the digital technology, no one can not control bitcoin, we don't have any problem to use bitcoin. I am sure that there is more reason why bitcoin is so special because we still find the other benefits of bitcoin.

for me because bitcoin is the first ever currency to enter cryptocurrency and this is the first to coinmarketcap today. and I think because it's the base of other coins on the market price and the volume of coins and it does not fall too hard. so I can say bitcoin is really special than other coins.

Many are attracted because you can earn bitcoin even without investment needed to start and have financial freedom sometimes. There is something in bitcoin that fiat cannot do because of volatility which make even trading profitable. It is good to used as payment online because more faster and secure and transaction fees is lesser than using remittances where ever you are.

I think Bitcoins are very special, because it is controlled and managed by you only. And the second reason is that Bitcoin is the most unique coin in the middle of the other coins in crypto currency. There are many things that make Bitcoin so special. As we know, it is very cheap and easy to make transactions through Bitcoin. And according to me, Bitcoin will be the answer to the financial system in future.

Just to correct you, bitcoin is not completely anonymous per se, it is pseudo-anonym. Meaning they can still track your every transaction through blockchain, although you can used mixing to cover your tracks but its another discussion. Bitcoin is something unique, I mean who would have thought that it will become this big and everyone wanted a piece of that satoshi?

The fact that you can earned bitcoin for free before really make it different and special from the eyes of those who experience it, many things already happen from faucets to simple task and now you can also take advantage investing with alts market where you can play with this volatile nature just need a good perceptions and analysis to make some decent earnings each time you trade.

Bitcoin is unique because of its various unique features that is decentralized that means not controlled by any entity and you are solely responsible for it and its divisible and there is no counterfeit of the same because the supply is also limited that is only 21 millions are available which makes its value to increase.

many reasons can say btc is special like their high prise, powerful security, faster transaction, less fees for peer to peer transaction, etc...

In today's era, the pace of technological development has led to many changes in people's lives, making them feel happier. BTC was created to meet that need. The introduction of this currency, coupled with its management, reliability makes it the most valuable currency today for large investors in the world of trust.

Bitcoin is one of hundreds and still may be thousands of crypto currencies on the internet. Crypto currency is a digital currency that uses cryptographic technology for security that makes it unable to be falsified. The price value of cryptocurrency is purely determined by market forces, namely the requests and offers of users of this technology

The complaint features with AML and KYC is what makes AML BitCoin special.

lol . no it isnt , those feature doesnt make bitcoin special but rather that only gives bitcoin a bad reputation  .


bitcoin is special because it is the first known currency to be decentralized . being a highly volatile type of currency is also the other reason on why bitcoin is special among others .

Right.There is no other currency as special as bitcoin.It can make a jobless people have their own source of income through participating in bounty campaigns or making such investments.It can also make fast and efficient money transactions which will be very convenient for the people.

Bitcoin become special because of its characteristics. When you look on the market you will see the big difference on its price compare to other cryptocurrency. Hence it was more popular which can be directly converted into fiat in order for many people to used it in their daily lives.

Well Bitcoin is growing day by day by producing and creating new ideas for the next generation as an alternative currency for now , some countries are using it and giving importance to it, I hope in my country we can also use bitcoin or any digital currencies because it is more convenient than the others.

bitcoin is the pioneer that introduced us to the concept of cryptocurrency. And what is great about pioneers, is that it paves the way for innovation. Bitcoin may not always be on top, but for sure it will impact the existence of a future powerful crypto that will exhibit all the best features of a digital currency.

In my own opinion the important things that makes bitcoin special is that the dominants of all cryptocurrency since from the beginning, that made it so called the KING of all cryptos. In addition this coin also helps improve peoples lives when manipulated succeesfully and patiently due to its high value and profitable investment scheme.

Bitcoin is independent and it is special because it is using by different kind of users some of them are using this for online betting online casinos and online investment in different coins are very popular and people use it for long term investment bitcoin is decentralized form of currency so capitalist people like it because they can hide their income or transaction from taxes.

I think bitcoin is very special because bitcoin is not controlled by a country, the value of Bitcoin is very volatile, the amount of bitcoin is very limited to only 21 million. so very little and limited. this can cause bitcoin prices to increase significantly because demand for bitcoin exceeds the amount available. And also bitcoin is the Largest Virtual Currency in the World. So its makes bitcoin so special.

I think the only thing that makes Bitcoin special is that it is the first cryptocurrency that is created in the world and that false hope has been going around it lately. Your article is great but let's not glorify Bitcoin too much. Altcoin has surpass Bitcoin already in terms of speed, technology, and innovation. Bitcoin will be replace in the future, just wait for it.

The compliant features with AML and KYC is what makes AML BitCoin special.

If we all look further at bitcoin, of course the first time you see is in terms of the price that is very expensive than the altcoin. That is one of the reasons why bitcoin has become so special today. With the age that might be said to be the oldest in cryptocurrency, bitcoin is a role model or easier if we call the king crypto. That is the reality, so it's natural that I also idolize him.

The fundamental source of bitcoin prices is the value of bitcoin, and the value comes from the use!
Bitcoin is a special commodity with huge reverie space, great controversy and great price fluctuations.
Whether bitcoin is valuable, time will naturally test, this is the same as gold!

lol@Frankie saying Bitcoin Core development is not decentralized, because there is only one github. Muhahahahahahaharrrararrarrrchchchcpfpfffffffpffff

I agree, Bitcoin specialization is in decentralization that no party like the government can control bitcoin when making transactions. The cost of cross-country transactions is very cheap, and of course the price of bitcoin is what the world community really wants to have bitcoin because the price is very expensive.

It's decentralized nature of bitcoin makes it very special and people like it because they can make fast transaction with out any extra charges for safety and other transportation cost this all possible because of crypto and bitcoin is the king of all coins.

That is one factor that makes bitcoin so special, no one can control it even the high official of our government and also all people can have this there is no status in life required to earn and used this. And also i think this is the mother of coin in crypto market that is why all coins are relying in the value of bitcoin and treat bitcoin as special coin

well, maybe in the field of transactions, bitcoin is considered to have very many benefits, one of which is a fairly fast transaction. besides, bitcoin is also always used as an investment tool. well, many make bitcoin special, because bitcoin is also the beginning of cryptocurrency development.

 Bitcoin specialized by its expensivity and its viable demand. Accordingly, investor's always resemble this asset as it was bring them wealth. So, that's how I thought about bitcoin specialization, though we can't control fluctuation prices, we have to stand firmly for the good development of market as well on bitcoin characteristic.

Maybe I can say what's special in bitcoin I'm just not sure if it's the right term I'll use to say it's all because decentralized system. But no matter what his specialty is, it has a very good system in which any high-ranking government agency can not cover it. And that's a unique system and you're really excited because privacy and anonymity are talking about bitcoin, with that business you can also have savings in the future.

For me, Bitcoin is so special in the fact that it is limited which is twenty one million only and so the price of it will be surely soar. Its special because its decentralized which gives each of everyone that using it the freedom and the convenience for all of us.

I will pick on one of the characteristics  of bitcoin which you mentioned and have played out since the beginning of the year and that is anti-fragility. Bitcoin exhibited this trait and have remain relevant despite the massive attack on it from the government and her agents since the year 2018. It is a very important character  of bitcoin and bitcoin will still maintain its leadership role among the cryptocurrencies both in volume and market share price.

In any case, even in the default Bitcoin Core, you can adjust the Commission independently from the minimum to pass through the network and above, so that the transaction is faster.

In my opinion, one thing that makes Bitcoin so special is its price. Maybe for those who have known Bitcoin for a long time, they will not be surprised by the price of Bitcoin that can reach $ 20,000, but for those who are new to Bitcoin, hearing the price of Bitcoin must be surprised and surprised. Bitcoin does have a lot of features, but in my opinion that's the reason why Bitcoin is so special.

Bitcoin will always be special because Bitcoin is the first digital currency and also has a very large market share at this time. So it's not unusual that Bitcoin's popularity is very high. Many people have realized that Bitcoin is a driver for the development of crypto at this time. Maybe we will get a different situation when Bitcoin doesn't exist, but Bitcoin has changed everything and is now a big part of the cryptocurrency system in the world.

I agree with you. All of these factors have made bitcoin more special than any currency, along with its development and future changes. It will help people a lot in the payment. A new payment method will definitely make a difference and attract a lot of attention and acceptance from everyone.

Bitcoini is a special function that makes it special because it has a usability in every subject and it is the type of payment that can be recommended and it is the fastest in transferring money and it takes place in our lives as a famous currency with its ability to make one-second transmissions from one end of the world to the other end. There are coins with features even in the sub-branches, and even these coins are growing day by day. Make your future beautiful with Bitcoin  :D :D

I love the idea of having the full control over our own money, doing transaction without the need of third party when sending and receiving. Bitcoin is indeed going to be the future, knowing that it has the ability secure all asset we have will attract Kore rich people and even ordinary people. The technology gives us the public code on whatvis happening with the fund, this assures us that we are away from risk and get the potential vulnerability got to solve quickly. We maximize the feature of Crypto by choosing a storage or wallet that offers what the open source technology coukd offer. Check out HODLER wallet and see how this will take the lead on one of the most trusted wallet. It is a multiwallet that offers simplicity and security all at once.

Unfortunately this's also included as one of the weaknesses of bitcoin. Because of the nature of decentralization this's what has made bitcoin vulnerable to being misused its existence, both by miners such as in China and acts of manipulation carried out by large whales (cunning speculators).

Formally, it is ONE OF the cryptocurrencies that we can find on the market. In reality, it is the number one as most people take it as a leader and the most reliable crypto.

No one has been able to replace Bitcoin until now and almost all depend on him. If the price goes down then all will experience the impact done

Thanks for your shraring.You can easily understand bitcoin as followsBitcoin is the first and most powerful electronic currency in the crypto market. Bitcoin is a decentralized peerless network, not an individual or an organization that controls it. Bitcoin can not be printed and their number Very limited - only 21 million bitcoins can be created.
Highlights of Bitcoin: Incredible, Anonymous, Transparent, Fast and Safe.

yes, bitcoin is the main cryptocurrency actor. the number of new actors who arrive does not make bitcoin lose its rays, instead they continue to follow the steps taken by bitcoin.

I think it is the most important factor that makes me most excited about the fact that it contains great risks and therefore brings great gains. At this point, it may seem dangerous to many people, but in my view, it is very enjoyable.

the actual decentralization is based on the fact that no one knows the creators, this is the main feature of bitcoin

the peculiarity of bitcoin is: decentralization and anonymity of the Creator. it is a powerful tool to simplify life. but such freedom and simplification is not beneficial to everyone. and while I do not know what will happen to bitcoin in the future.

I really agree with you "bitcoin has developed to the extent that it becomes impossible to replace it with any altcoins" I believe that many of us has not read to understand the real reason why bitcoin was discovered and the ways we can get some knowledge on who it works.  This thread is an eye opener on what bitcoin stand on compare to the old system we have (monetary system) . It decentralised,  also has speed in transactions and transparent.