Bitcoin Forum

There is a whole lot to discuss about bitcoin but the mind blowing aspect is its being the world first digitalized currency and decentralized at that, How interesting to know and Its worth basically comes from being the first digital currency that has no human organization or authority to control. It’s has so much become common that anyone can buy,sell or receive it .In our world today a Bitcoiner  is a great investor and has good savings without no limit.

Bitcoin isn’t just safe to keep your funds but it keeps you in charge of your funds. despite the fact that bitcoin is a decentralized currency many human organizations and Authorities still seek for it and use it a means transactions (sending and receiving). I have no doubt that with these uniqueness the future of bitcoin is bright and promising for those who puts interest in it.

Bitcoin is not the first digitalized currency. It is rather the first decentralized digital currency.
 This technology is indeed revolutionary. But given how "young" it is, there are still limitations especially to some countries wherein there are restrictions regarding selling and trading not only Bitcoin but also other cryptos.

Keeping your funds in the form of Bitcoin is not always advisable or is not really necessary. keep in mind that the market value of Bitcoin is volatile. There is always a risk of 'losing' money whenever there is a sudden downfall on its market price so be cautious of putting all of your funds into it. As what I have mentioned above, there are still limitations on its use as a currency or towards transactions. Authorities may not be seeking for its usage but more of its regulation.

If you actually meant what you wrote then you don't understand the currency you're writing about. If keeping your funds in a form that gives you control over your finances 24hours a day (A.K.A bitcoin) is not advisable then what is, the banks?. Seems you misunderstood the OP point of view. With bitcoin, you are always in control but the banks can restrict you access to your funds at any moment. Please understand clearly the difference between bitcoin and the service providers like exchanges as they aren't no different from the banks.

Don't think they OP was emphasizing on having all your funds invested into bitcoin instead only highlighting a clear advantage bitcoin has over the traditional currencies (fiat). Bitcoin is quite unique although it has it limitations which is an obvious fact as it's contributing to the slow rate of adoption although that's not much of an issue since the currency is still new and has a lot of time to grow if given the chance.

This is exactly why it is going to be very hard for old people - especially from ex-communist countries to adapt to Bitcoin. They were raised to think that the government will take care of them - pension, welfare, etc. I'd say that people in capitalist countries are more accustomed to managing their own money. Anyway I strongly believe that decentralization is the next big thing in our society.

Bitcoin gives people in charge of their funds for real , the government, the banks , it's all too complicated and too superficial, but with bitcoins it actually your funds and you can independently make a decision despite any ups and down.

In stock markets and such you have a specific time when you are supposed to mature your funds for and thus it takes some independence away from you, at the same time it's very intensively connected with the government and the market situation is very controlled. But with cryptocurrency like bitcoins it's actually really good to have an option.

It would be better to see if more people appreciate it like you .

Bitcoin is a digital assets, that is created for a future useful, which has been contributed into many people life from financial Freedom across the nation. Bitcoin has a unique function and usage, as the case may be in the crypto industries.

What makes bitcoin unique is that even people does not know who created it personally, even if most economists are against with it due to volatility, bitcoin community still sticks to it as if they are not affected. With hundreds and thousands of cryptocurrency in the market, bitcoin is no unique as a farm of decentralized currency, the only uniqueness it has is the people behind it.

Especially it is very profitable and can be used as a promising asset or source of income and because of Bitcoin's anonymous nature, many parties continue to support the prohibition of cryptocurrency or bitcoin, and this concern arises because bitcoin exists and works outside the jurisdiction. from the traditional banking system and was seen as a real threat. and but the fundamental design is so perfectly crafted that bitcoin can never be banned and can only be managed independently and as long as the user has an internet connection and a bitcoin wallet and transaction activity can be easily carried out and anonymous and untraceable.

I don't agree with it's "very profitable and can be use for source of income" since at first, Bitcoin built not for that kind of reason.
It is primarily for payment, just like traditional fiat of ours. For me, Bitcoin for being an asset is kinda a bonus. But being a source of income alone, I totally disagree.
Because what I believe, we will work for Bitcoin, compare in traditional way; we work, and get salary by cash, check or bank deposit.

You are wrong. still think negatively about parents, why are you too emotional, modern times like now in remote villages have entered the internet so learning is not affected by age. did you know some of the investors are old people,

It's because it was developed to be used for micro-payments by Satoshi himself, it's just it evolved throughout the years and become a store of value or speculative asset. As far as being unique, by design, it was not, there are a lot of precursor to it, but just didn't succeed and perhaps by chance Satoshi did find the perfect formula after so many failures.

I don't think that Bitcoin is so unique now. Despite it still has some benefits of being the first, there are thousands of other decentralized currencies.

Indeed, Bitcoin is such an awesome and unique creation that gives the users the easiest payment method and financial freedom to those who keep on trusting its value as an investment and as our digital asset. I believe, it would go a long and wider ways in the future.

Which countries did you mean? I disagree that bitcoin can only be of interest to the younger generation. Bitcoin is so unique that the adult generation found it very interesting not only for investing but also as a means of payment.
The decentralization of bitcoin is fascinating for many. Transfers of our funds without intermediaries, as well as anonymity, is one of those things that we do not receive when dealing with fiat or bank funds.


Your remarks about the thousands of decentralized currencies that could rival Bitcoin made me smile broadly.

I support this. There were a lot of digital currencies that have existed even before the dominance and creation of bitcoin. I've read through a discussion that bitcoin was also inspired by Digicash made by David Chaum.

https://en.wikipedia.org/wiki/DigiCash
https://en.wikipedia.org/wiki/David_Chaum

Indeed Bitcoin is the first decentralized currency thats why no one can control this and that is the aspect why most
of us invested here and staying even that the
volatility sometimes kills us.
So if that's your point then why still in this market when you can just put your money in banks as they are more safer there?

remember that we are here because we trust bitcoin and we are risking in its volatility.
at least you have mentioned this mate because in every investments there is surely a risk and we must bare with that in order to profit.

I Agree, The future of Bitcoin will be bright in any country. This is based on the increasing number of millennials and generation Z who will increasingly take advantage of technology, including Bitcoin. On the one hand, online trading has also become more widespread. The use of Bitcoin and other cryptocurrencies will be increasingly used. Conventional banks must see this as an effort to adapt to the times. System integration or making digital money derivative products is feasible.

Replacement of the generation of people makes using Bitcoin as a legal means of payment only a matter of time. However, eliminating paper money as a means of payment takes a long time. Fiat currency will now be increasingly abandoned if the security system gets stronger or the use of cryptocurrency increases.

So Bitcoin will be the legal tender for years to come.

Not the world's first digitalised currency. Wasn't even the first decentralised one to be fair (thinking of hawala systems that are still in use today, for example)... although with the proliferation of users, nodes and distribution of all those, I agree it is the world's most decentralised now. And the fact it's the world's most accepted currency (try find another currency you can easily sell or buy anywhere in the world) makes it even more special.

Bitcoin is safe and decentralized and you are in charge if it.  But the people outside the crypto community is ignorant of these facts and they think that it is easily lost it hacked. We need to change this to being mass adoption.

If people continues to perceive Bitcoin this way, I guess there will be a very slow progress with this technology in the near future.
There's more than just a "very profitable asset" or another option for "source of income" behind this technology. Bitcoin was created to surpass financial struggle that the traditional banks are depriving it's client since.
Bitcoin should be used more of a currency than just a tool for investment.

Its really unique .Using of Bitcoin is increasing day by day .The whole world are knowing about bitcoin and i think he is so lucky who are know about it and have a way of earning .It is most helpful to keep our fund secured and doing a transaction smoothly .The community will be huge gradually .

Bitcoin is a new phenomenon of digital money! It is unique in that it is supported around the world, but unofficially! ;) That is, any person without a third party can send value anywhere! For me it is enough to consider Bitcoin unique!

Yes, Bitcoin is unique to man because Bitcoin supports living and we are still called man because we are living.. anything that can earn you a living cannot be underemphasized. Bitcoin pays well, but I may not say it does in all currency, because it is decentralized, there is no partially in distribution of token whether you are from a black country or a white, it gives whatever you work for, but other values is left to the value of your country currency.

It's not the first, and it's not unique. Bitcoin is valuable and innovative, but there are also tons of altcoins and some Bitcoin predecessors. Bitcoin does have a uniquely strong community, a good dev team, a powerful and very active forum dedicated to it, and probably way more public support and recognition than any other cryptocurrency. As for its future, I think Bitcoin will remain #1 and will not die, but it probably won't gain global adoption (I'm talking about 500 million users or more) either, although I hope I'm wrong about this one. I think so based on the adoption rates, but a big step forward can occur anytime, of course.

It is unique because it's the first time that people all around the world have chosen a decntralized payment together, without any advertising.

I'm very happy that I'm able to witness this unique event and hope that decentralized systems become the new normal. My only concern is it could take whole generations before people understand how important being in control is and how little control they have on their fiat money.

There are exceptions in everything of course. I'm sure there are lots of people who are in past middle-age that continue to learn and keep up with technology. And I'm not talking about mere investing (e.g. through a fund), but actual use or holding in a personal wallet. I can confidently say that 90% of the people who are past 70 years old in my country don't know how to use credit cards. Not even talking about installing apps/wallet on a smartphone. On the other hand I've noticed a keen interest in the 40-60 age group in technology.

Bitcoin is very unique to humans. Bitcoin is a digital currency that is not centralized and is not controlled by anyone. Anyone does not have full control on bitcoin, this is also supported by blockchain technology which is increasingly being developed and becomes a future technology that will be very profitable.
There are many pros and cons about bitcoin, but on the other hand, bitcoin is capable of becoming a new digital payment era that changes the way human beings transact.

But you also have to say about the risks that bitcoin has. Highly volatile prices can become rich overnight or, conversely, become poor in just a few minutes.

Bitcoin is indeed unique to man kind because it is the first virtual money that we can use to purchase something in a different country, paying a plane ticket to cross a certain country, booking a hotel in selected countries and etc. You can also use it as a remittance for your love ones abroad  if you are going to send some money for them.

Such a new market development, from traditional to digital currency is truly a big achievement to the developer. A genius insights of someone who whats to simplified ourselves from having a lot of works, in our busy life. I have not to deem claim about the risk because we are also benefiting from this and so for the next generation. It couldn't be appreciated much for today and less adoption but possibly in the future as it globally considered as a legal currency.  

if virtual money is the thing then btc isnt unique because there are other early virtual money or payment methods before btc came out . for sure you already recognized them ? paypal for example .

  the payment methods that im saying about can also work to those service you mentioned but they cant copy what btc have . btc has a sending fee , btc is volatile , irreversible , etc ( i forgot the others ) this what makes btc unique to them . some  people might see this as a disadvantage though  .

Particularly it is entirely productive and can be utilized as a promising resource or wellspring of salary and on account of Bitcoin's mysterious nature, numerous gatherings keep on supporting the preclusion of digital money or bitcoin, and this worry emerges on the grounds that bitcoin exists and works outside the ward. from the customary financial framework and was viewed as a genuine danger. what's more, however the principal configuration is so impeccably created that bitcoin can never be restricted and must be overseen freely and as long as the client has a web association and a bitcoin wallet and exchange movement can be effortlessly completed and mysterious and untraceable.

The bitcoin has a lot of different purposes today and this is a good thing to make a possible earning regarding with this coin, also when the digital currency starts there are some innovations and different kind of establishment adopting the use of the online payment but on that start, they are not entertaining the use of the bitcoin because of the different misconceptions, the bitcoin today has slow progress but a good movement in terms of transactions, there are a lot of benefits of it.
Using the bitcoin makes a difference to us, before we are just using the online methods like banking with the use of our fiat currency, today we are now using the bitcoin too if we want to store or funds but not like that limited because today this is the most preferred tool for making transactions the reason why? low fees, no tax, and transparency. Right now only a few countries adopting the changes on this coin but still we are looking forward to it.

Yes, I think this is what the world needs. We and our money have been controlled for a long time by governments and banks and it is time to get rid of this unpleasant control. Politically, Bitcoin can be likened to replacing the old authoritarian system with a free democratic system in which everyone is equal. This is what Bitcoin has done. Bitcoin replaced the central authoritarian system (through which everything is controlled) to a decentralized system that cannot be controlled by anyone and everyone gets Financial freedom and control of their money.

You have to look at the other side of bitcoin, that the first weakness of bitcoin from Cryptocurrency is the potential for violation of the law.  This is due to regulations in several countries that prohibit the existence of Cryptocurrencies such as Bitcoin and Libra for transactions.  This regulation or rule also applies in my country.  This fact is quite sad, even though investing in cryptography-based digital currencies can be a good opportunity to generate multiple profits.

Bitcoin is a revolution in term of decentralized digital currencies, It beat other digital currencies in all ramifications all its features are second to none, talk of its anonymous transactions, store of value and ability of the user to control it, its very safe to keep especially in cold wallet, gradually its adoption is gaining ground, thus its going to be most sought after digital currency in the nearest future, many investors had put interest in it already and more investors are showing up lately all these are indications of brighter future.

     The things to talk about, all the topics, about bitcoins, they are endless. Although everyone has their own views about bitcoins, there are facts about it. So it would be nice to get your hands on those facts.

     Now, bitcoin as it is, will never be full proof be it in profit or security of any sort. In every asset you choose to keep, nothing will be a hundred percent safe. It all depends on the person who holds the assets on how secured their holdings would be.

bitcoin was created for the future of mankind, with all the uniqueness that Bitcoin and its blockchain technology have, I think Bitcoin is a future where everyone should know what Bitcoin is.

Not Bitcoin bright future, on the contrary, you are buying and storing it, the certainty of your future is bright.

I think there is no one who is not tempted by Bitcoin, almost 95%, people in this world are looking for Bitcoin, the only problem is, they do not fully understand how to get Bitcoin.

If, Bitcoin can be found anywhere, I mean like gold, maybe, everyone will switch to investing in Bitcoin instead of gold, in one day Bitcoin can go up and down in price several times, you know I mean.

Bitcoin is the first and it keeps taking the upper hand for that, nothing changes that. Many other digital currencies has been create and said to be better than Bitcoin due to one feature or the other that they carry, but at the end they can’t replace the cryptocurrency BTC which is the pioneer of the crypto space.

I am lucky I discovered cryptocurrency, it has served so many purposes for me, transaction hasn’t been the only thing though it’s the first, but in investment it has been good, and with that said, I’d like to add that Bitcoin is my first asset that I ever bought with my money. Despite that it was new then, I still believed in it, and this time around no one can tell me that it’s fake, because I have seen how far it came.

Bitcoin is helping us in many ways and it turns our transaction term in a easy process. People are so interested in bitcoin because it is decentralized, fast and secure. Day by day people are accepting bitcoin for their daily needs.

Bitcoin is particularly helpful to those investors with advanced thinking to real-world about business, it's hard but eventually, if you learn to its roots , I think,it can be well the flow of your business adventure I remember that I expanding my knowledge because of this project even I have a good job, time to time I'm really looking for ,because I have been accomplished by wonderful preachings about business.whether there is any benefit or nothing that is acceptable because the important thing I have been a member of this unity world of Bitcoin.

Bitcoin being the leading cryptocurrency makes it more unique when we compare it from the other coins. And also the huge impacts that it has been done to many cryptocurrency users prove more of what will it be in the future. Bitcoin is powerful even on its volatility, it helps many people in different ways and I am one its beneficiary. I'm still waiting for that future where people knows more about bitcoin and patronizes it because of all the good benefits it offers to us.

woah ? this is a super strong sentence  . only btc ? why not other currency . they are older and there are newer currency or currency & asset tandem but why  cant they be the future of mankind ? 

whut ? in other words people should give respect and must know what btc is if btc is already on its position as an ambasador of the future  .

i like that ha but for now people are doing what they want  . they are free from disrespecting btc but time will come that they will eat thier words  and they will kneel down asking for  forgiveness and another chance of acceptance for  the almighty btc  .

Good sentiment but we are already a decade since on its existence where it had already prove out on whats truly worth when it comes to decentralization and the current
big community is the proof that it is indeed doing well at the moment which we can also presume out that this will really still last for years to come..Bitcoin is indeed
unique and theres no doubt on that but there are other projects which is also worth to look for but this is only for those people who do really consider out on making out
some profit but for total support then supporting bitcoin will really be not that surprising.All of us do know its importance and relevance.

Bitcoin has a lot of importance to a man and to the society.

This not only a currency, this is also a potential key to success and development in terms of economy.

That's the reason why there are people who are not still trusting bitcoin because of lack of adoption and promotion. Bitcoin can really make a man grow in terms of handling investments and businesses because it can be a good source of profit when you manipulate it properly in the market. Bitcoin is unique to a man in a way that this asset is in a digital form and is easy to store in a digital wallet.

Absolutely it is. Its really unique and awesome that made each peoples lives now so easier and more profitable. The unique and smart ideas of the creator of Bitcoin has really gone a long way anywhere in the world and will continue to spread a wider range all throughout the humankind. I believe that nothing can stop the benefits and profits it gives to all traders and investors that keeps on trusting its value and important contributions to all modern financial management.

I agree that Bitcoin is a digital currency that has its own uniqueness, one of which Bitcoin is not only used for trading as a digital asset,
but Bitcoin can also be used for payments. Although not many merchants accept Bitcoin payments right now. Another thing that makes
Bitcoin different from other currencies is Bitcoin decentralization, which means we are given the freedom to control our own finances, this
cannot be obtained if we save our money in the bank. But new things like this take time for all parties to accept it, therefore Bitcoin still
needs a few more years to develop and there will be mass adoption.

The first digital currency that has no human organization or authority to control. This statement is a reality and the reason why Bitcoiners have believed in Bitcoin and have given it a strong support. It is incredible Bitcoin is new compared to the most used currencies around the world and since its creation it has caused a real revolution. And as you say, Bitcoin is showing that it has a bright future.

Bitcoin is a digital currency of transnational origin. Its value comes primarily from being the first digital currency over which no single individual, organization or authority has control. Bitcoin has no limits, it is a network that is open and peer to peer. Which is secure and without friction. Without a third party, it enables smooth transaction and gives users a unique key known as a password. This, at the same time, makes bitcoin unique, secure, private and open.

Bitcoin is not only the only digitized currency in the world, it is also one of the most popular digitized virtual currencies in the world.  Yes, you are right that Bitcoin has gained so much popularity, it has become so common that even low-income people like us can buy and deposit Bitcoin.  So this is a good sign.  And no third party is needed to buy or sell this bitcoin.  So anyone can buy and deposit bitcoin.  Bitcoin is one of the most decentralized currencies in the world.  That means owning Bitcoin is like having your own bank.  Which we own ourselves.

Bitcoin is unique because of its advantage as a first decentralized currency, there are many digital and decentralized currencies that has more benefits and advantages than bitcoin. I think In the near future may see some currencies that will out place bitcoin.

You could continue to think like that.

It is true that there are a lot of other cryptocurrencies out there but I don't think that they would be able to "out place" Bitcoin. Bitcoin's price might go down, but I don't think that people would just let that slip by. They would take that as an opportunity, as a chance to buy again or reinvest because a lot of people are believing to it.

Bitcoin is actually unique to humans Bitcoin helps to vary people's lives not just transactions. There are many benefits to investing The demand for Bitcoin is increasing with the advancement of technology Decentralized demand is high. No third party organization controls this transaction process so it's impossible to work out the movement of Bitcoin transactions. this suggests that nobody can know who is sending bitcoin to whom. Bitcoin transactions are often through with complete anonymity Bitcoin is extremely helpful for the betterment of mankind.

Bitcoin was not unique because it was the first decentralized digital currency, i was unique because it opens the world to new possibilities, innovation and opportunities. Besides, it was unique because people trust it and the same thing happens to Ethereum which has not been in existence before LTC, Doge, Monero etc. Despite that, it still claims the #2 slot cause it the pathway to dApps/smart contract and if the altcoins you said does all the features I mention they will also have an advantage in the market.
The thrive level of crypto is measure by concept, utility, community trust and support level if not those altcoin you said would have been the number 1 crypto now.

Bitcoin is unique, but the truth isn't understood by everyone. Now or then the importance of bitcoin will get exposed. At the very beginning people just had negative opinion over bitcoin, later things changed as people started to realize the good in it. Most important is the technology, because people started to make use of the technology and avoided bitcoin. Slowly bitcoin too is getting its importance as the uniqueness is slowly getting spread around.

Certainly agreeable. Bitcoin is very unique to man that they even strangely recognizes and do not fully understand its nature. Many are having a hard time learning and understanding how Bitcoin works and being used. That is normal to think because many are not quite interested knowing Bitcoin at first but because of certain situations that showcases Bitcoin's worth and the essential of its existence, people are slowly recognizing it now and starting to get engage into it and wanted to learn about it. Time really flies so fast that it changes people's mindset towards Bitcoin. Those who do not see its importance are now gradually learning and engaging into it.

Bitcoin is Bitcoin, not FIAT money, not gold, and definitely, we can't compare it to other cryptocurrencies. It becomes unique to man and also in crypto space because of its pictured market value and that is the reason why it gains popularity. It is eye-catching to the community not only because of its price but also we are adopting it considering that this is useful to the current era.

However, it was unfortunate that people never fully understand what is Bitcoin and how it works. And I don't think that we come into realization and finally consider Bitcoin as a currency alternative to fiat because people mostly come in here just purely for investment.

Before, no one expected that bitcoin will exist, so it is really unique for a man to learn about investing on it and use it in many transactions.

Satoshi really did a great job about creating a cryptocurrency that has a lot of potential to help the economy and an individual to achieve his dreams.

We all know that bitcoin is already popular in the market and it is the most used cryptocurrency in the world. Although it is decentralized, it is a way from the authorities, there are still people who are courageous to invest to it even if it is volatile in the market. Most of us are really rooting for a wider mass adoption so that bitcoin industry will grow more.

Is not just that every investor find it that easy making money from bitcoin investment. From the above you said, you remember investing for profit is to be made at the right time. If you put money in any business at the wrong time, it will fail because there are time for investment just like the planting too.

And also how long we can handle the downtrend of the said investment ,Not looking for faster income instead ready for all aspects of situations.

But i will stand being investor but admit also that this is not the easiest way to profit.

It is quite sad that these days, the nature of bitcoin as a decentralized currency is trying to be taken away by most of the big companies especially those who are centered on financial services. The reason is that most are focused on hype and to increase the market price of bitcoin, they do not know that their rights on cryptocurrency especially bitcoin are slowly taken away as they use these financial systems that control their private keys. Meaning, the statement on the white paper of bitcoin which states about it being a tool for peer to peer transaction will fade as people return to using these financial institutions that are considered as the intermediaries.

Yeah, sad fact is that bitcoin isn't what is was some years ago and while it's sad, the current situation sounds very logical, I would even be surprised if it wasn't like that. Bitcoin turned into commercial business. Big companies are on the prowl, they make takeover bids to buy other ones, for example like finance did and bought coinmarketcap. What do you think, are they silly to pay 400 million USD in a website that shows cryptocurrencies prices? No, they have a strategy around it that will bring them 400 million and even more back while also giving them the power they seek.
Bitmain upgrades equipment, mines a lot and then sells them like an innovative product while it's already old for them.

actually the title must be "Cryptocurrencies" and not only Bitcoin because this is what it means,the totality of currencies are not only standing for Bitcoin but the whole market.
actually this is what we must all do being thankful to what we have achieved in this market.

What i was thinking is those FUDders in which making bad image to crypto while the truth is they are making money inside.

You are correct that BTC is unique and if anybody first come to cryptoworld he must first know about BTC nothing else. BTC covers about 72-5% of whole crypto market and rest of others. This is because of its uniqueness and sprite. Now anybody in crypto market can easily trust on it and can invest as he wants. There is no barrier do everybody should follow him as no 3rd party involve here.

thanks.

Especially it is altogether beneficial and can be used as a promising asset or wellspring of pay and because of Bitcoin's strange nature, various social occasions continue supporting the prevention of advanced cash or bitcoin, and this concern rises in light of the fact that bitcoin exists and works outside the ward. from the standard monetary structure and was seen as a certifiable threat. in addition, notwithstanding, the vital arrangement is so faultlessly made that bitcoin can never be limited and should be regulated openly and as long as the customer has a web affiliation and a bitcoin wallet and trade development can be easily finished and strange and untraceable.

Particularly it is by and large users and can be utilized as a promising resource or wellspring of pay and on account of Bitcoin's weird nature, different social events keep supporting the avoidance of cutting edge money or bitcoin, and this worry ascends considering the way that bitcoin exists and works outside the ward. from the standard financial structure and was viewed as a genuine danger. likewise, regardless, the essential course of action is so impeccably made that bitcoin can never be restricted and ought to be managed straightforwardly and as long as the client has a web association and a bitcoin wallet and exchange advancement can be effortlessly completed and odd and untraceable.

I like your enthusiasm and by now you might understand that bitcoin is not the first digital currency and if i am right it was e-gold that was used as the first digital currency until the government stopped them from flourish further 12 years after it was launched and the speciality of bitcoin is that it is not a centralized currency like e-gold and it is not that easy for any government to stop bitcoin.

That's what we all want, a currency not controlled by the government but we can still use for faster transaction, wallet to wallet, hassle fee and can also use as payment method. Bitcoin is very useful and and easy to use kind of decentralized digital currency as long as you have knowledge about it.

Bitcoin is indeed unique, and because of this uniqueness many want to own it, moreover bitcoin can provide benefits.

the thing that makes bitcoin special is satoshi nakamoto. he is the mystery of the bitcoin cryptocurrency. the thing he created made this world a whole new place. i am just thinking about that first pizza restaurant selling that pizza for $12k. that much BTC now would be a great much of money

I've caught your idea in your post. And of course agree that BTC is a unique and really revolutionary thing that has happened to us in this century. But I can not agree that the Bitcoin holder or someone who has assets in BTC has got savings with no limits. First the price is always changing and this is the most important thing that investor should remember. Second - some countries still keep some limitations and regulations for those who prefer to use crypto. So of course Bitcoin is a great thing, but only for those who hold it wisely and keep on touch with all the changes on the whole market.

Bitcoin isn't unique to man, it is an unique development by man. Bitcoin isn't the first digitized currency human have used. Already there is few cryptocurrencies in the market, and none have gained such a great acceptance as bitcoin. Maybe in the earlier days it is used for bad, but the technology gave a big outcome. Bitcoin having the limitations on production is the one that makes it even more unique when we compare it against the inflationary fiat which is printed whenever required.

Right now the usage of technology and bitcoin is getting widespread, as people have started to realise the truth and uniqueness of blockchain and bitcoin.

It is unique however not all people known about bitcoin, and still other think that bitcoin is a bitcoin scam from internet which they didn't know what the real bitcoin is and what profit can they get. We can say many wants to own bitcoin however others are still new or those who really wants to start bitcoin , they should need to read what bitcoin really is and how they start. How they can bitcoin benefits them. To open their mind and gain more knowledge about bitcoin.

For me it really is unique because it helps me alot of course for financial problem.

We are yet to achieve the payment part and i am hoping we will achieve that in the future, you really do not need to have the knowledge on how bitcoin works but all you need to know is to secure your wallet and that is about it. The governments around the world will find a way to control bitcoin in the form of regulation and there is nothing we can do to overcome that.

Although I like your enthusiasm, a "Bitcoiner" aka a bitcoin investor is not necessarily a good investor. My definition for a good investor is someone who has a track record of good investments over a long-enough period of time. In any case, remember that past results are not a guarantee of future results.


I'd say that keeping funds in BTC is as safe as their owner knowledge about best practices in security.

Overlooking these observations, Bitcoin is indeed a unique asset that has refreshed our world and gave us a hope for a more transparent future.

Yes this is nice and interesting? There is no time fixed to do any transactions in bitcoin, You can transfer any amount of bitcoin to any where in the world, You don’t need to go to the bank or any physical store, there is no transfer limit, So bitcoin is unique and comfortable to use, stress less currency, online currency, You can carry millions of dollars in your wallet and make use if it in the next few minutes, but in banks you most under goes some verification before you can do.

We like a world with transparency but do everyone like those concepts, there are many waging a war against bitcoin and i can only assume that they do not want transparency in a financial asset which means less corruption and crime and not everyone likes those ideas to be implemented and on top of that no government wants to have their power reduced by a decentralized currency. The best part is they cannot do anything about it and we are expecting them to come up with regulations to have some control and get satisfied :D.

Nah. Bitcoin isn't unique because we don't know the person or group that created it. It's not about the people behind it. If we knew who Satoshi Nakamoto is, what do you think will change? The uniqueness of bitcoin comes from various features of the currency, and one of them is the decentralization.

Indeed. Thats one of the advantage of bitcoin, being decentralized is giving us more freedom to do what we want with our own asset since the government cant control it. I think its the best thing that btc has aside that it can be an investment. Being able to use it without any third party for sending/receiving and no hassle papers to fill up is really convenient. But some people are not seeing this advantage through bitcoin thats why they are still hesitant to engage themselves in crypto.

The best thing that bitcoin gives to the humanity is decentralisation and transparency. The use of block chain technology ease the people to avoid fraud and check the validity of the transaction. It is really an advantage to us pioneers of bitcoin because there are many people who still ignore using of bitcoin because they think it is a scam. After many years, bitcoin will become the main currency and I think it is also the time for us to be millionaires.

Yes that's right.

The concept of Bitcoin is very revolutionary.  Satoshi Nakamoto created a currency that does not need intermediaries. 

Miners support the Bitcoin network.  At the same time, the goal of miners is to make a profit.  Satoshi Nakamoto was a realist.  He created a system in which each participant seeks to make a profit.  Miners receive profits in the form of mined bitcoins as well as commissions.  Investors make a profit in the form of an increase in the value of the asset (Bitcoin is a deflationary asset. Its value is constantly increasing). 

In the past, gold was such an asset.  However, over time, Wall Street dealers and national governments began to control the price of gold. 

At the same time, Bitcoin is more convenient than gold.  It is more convenient to store it.  Easier to make a transaction.

Everyone who values privacy definitely would value Decentralization and as such would value Bitcoin. Especially with the fact that, it is universal in it's nature and can be used in approved areas for trade and amongst fellow crypto or bitcoin enthusiast. Bitcoin offers you privacy and control of your affairs at any point from the comfort of your domain and as such, your bound to work with a platform that offers desired service.
No doubt, it would continue to be fought against by nations who wish to generate revenue from individual transactions but, it would be a sabotage on all that we enjoy so, guide it with care.

Agree with you that Bitcoin is s unique creation of this century, historically it is of great value. Even in case Bitcoin someday will be only like a memory for the humanity, but I hope it will never happen. But at least it laid the foundation for our future and for digitalized world. Even nowadays we see how fast our humanity is developing in this direction, and after even 5-7 years we will not see old servuces and systems and Bitcoin as one of the founders played a very big role in this.