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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4542 times)
Sakhawat169
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May 20, 2018, 09:46:00 AM
 #561

 :)Because BTC does not print like dollers ,euros and another countries currency.The transaction of BTC only in computers. Smiley Smiley
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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BitcoinLoan
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May 20, 2018, 09:56:29 AM
 #562

for me the main thing is that I see and I use IE in terms of security that is highly secure and not easily noticed by our own comrades when we don't know him, the cash is contributed by a bigger number of individuals, including huge business visionaries, which fundamentally bolsters bitkin and its leverage over other digital forms of money.
Bitcoin has a large lead as a store of value over every altcoin in having existed 8 years without failure. The security of Bitcoin has been proven far more than its much younger counterparts with usage by almost every metric exceeding that of altcoins.
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May 20, 2018, 11:28:56 AM
 #563

The difference of the Bitcoin from the other currencies is that it is an independent digital currency that can't be managed either controlled by the government. Bitcoin is very different wherein it don't have to be printed just to be said that it's a type of currency, it's digital unlike those tangible currencies like dollars and pesos.

I strongly agree they can not duplicate bitcoin as it is very unique compared to other cryptocurrencies as well as different from other currencies. because Bitcoin is a digital money that can easily be transferred to another country without paying taxes. The higher Bitcoin value every day is not just like paper money. You can invest and make money here, because the security system is good & it is impossible for anyone to control it.
There is no tax charge during the transaction and every day bitcoin gets more attention than cash, and this currency can only be used for transactions, its value will continue to fall due to the influence of inflation.
Higher Bitcoin values every day are not like paper money. You can invest and make money here. Many countries are beginning to adopt Bitcoin and treat it as an important currency and investment.
pantheraio
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May 20, 2018, 12:31:25 PM
 #564

Perhaps what separates bitcoin from other coins is that bitcoin is created earlier than other coins. Then bitcoin becomes the benchmark of every coin in the world crypto.
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May 20, 2018, 12:39:38 PM
 #565

Because bitcoin is the world's first crypto coin and the price is very expensive among other coins .. and besides that the security level is very good and very good to invest .. and it has been trusted to be a buying and selling tool and doing transactions, and many other advantages that have been trusted and proven ..
Andika23
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May 20, 2018, 12:44:39 PM
 #566

bitcoin is different from other currencies because bitcoin is digital currency, you have to need internet if you want to transact, unlike other currency to transact he does not have to have internet
DrGuns4Hands
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May 20, 2018, 01:01:05 PM
 #567

Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
Bitcoin is unique because no one can replace the high security of it you can't clone it and many coins try to replace bitcoin but they can't replace it, and this is the first currency that can't trace who is the owner of the wallet who transact, and it is decentralized and many people believe that bitcoin would replace fiat someday.
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May 20, 2018, 01:10:36 PM
 #568

which makes bitcoin different from other currencies is quite high security, no one can manage including the government. And can not be added anymore amount.

I agree with you and basically Bitcoin is purely digital, it doesn't involve fiat lr any physical money to operate, well yes you have to make your money digitally by deposits but for me Bitcoin is the best because it is decentralized and the power will never be in someone or some centre cause if you gain, you money will be yoirs no more further requirements.
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May 20, 2018, 01:28:06 PM
 #569

bitcoin is a cryptocurrency that is very different from the currency in general. This bitcoin is produced from the algorithm formula by a genius.
Bitcoin uses Blockchain that can not be controlled by a party and applies to all, so there is no chance for those who want to duplicate the transaction in Blockchain.
The transaction is usually done directly to the server. For those who want to do counterfeiting, the party must make a burglary server.

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May 20, 2018, 01:37:55 PM
 #570

Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it. This currency is not printed currency like dollars or euros. Running computer all around the world are producing it. Owing to this reason they are different from other currencies.
Bitcoin is different from other currencies. Very different. Bitcoin is just on the internet and is not physically intangible like any other currency. Although Bitcoin is not physical Bitcoin value is very high and different from other currencies in the world. I prefer Bitcoin over physical currency.

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May 20, 2018, 01:59:10 PM
 #571

Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.

i think why bitcoin is different from other currencies is because bitcoin have a many advantage compare to other currencies like bitcoin gives to all people opportunity to earn and bitcoin gives great prospects to all people who know bitcoin.
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May 20, 2018, 02:16:55 PM
 #572

bitcoin much different from other currencies its a fast growing market online selling purchasing many markets from where you can handle its,its attract many investor to him self and with every passing time its more reliable and depending on it,people preferring it more than gold.many markets from there you can purchase and sold.
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May 20, 2018, 03:08:55 PM
 #573

which makes bitcoin different from other currencies is quite high security, no one can manage including the government. And can not be added anymore amount.
Their is Many thing which make Bitcoin is more valuable and different from other currency. Bitcoin is a digital decentralised currency. The decentralised nature make it different from all physical currency use in the economic world. Bitcoin user doesn't pay tax to their government this thing also make it different from physical currency. Blockchain technology of Bitcoin make it different from all other crypto. Bitcoin is accepted in many country and its price is also higher than other crypto currency. These above thing make it different and popular among other currency.
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May 20, 2018, 03:16:20 PM
 #574

Bitcoin is unique because no one can replace the high security of it you can't clone it and many coins try to replace bitcoin but they can't replace it and because bitcoin is the world's first crypto coin and the price is very expensive among other coins .. and besides that the security level is very good and very good to invest .. and it has been trusted to be a buying and selling tool and doing transactions, and many other advantages that have been trusted and proven ..
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May 20, 2018, 03:18:48 PM
 #575

As you said bitcoin is really different with other currencies it is run by a computer and it doesn't have an actual form of money. It can never be duplicated unlike our real money today which is easily duplicated by criminals or the government but the disadvantage of bitcoin is unstable of price and it is still hard to say if it will be stable soon will it be stable in the future but for now bitcoin is a great investment and you can really earn from it if you know what you are doing.
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May 20, 2018, 05:00:06 PM
 #576

For me, Bitcoin is different in that it is the best currency for making money. With Bitcoin, you can easily increase your capital.

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May 20, 2018, 05:25:02 PM
 #577

Bitcoin is different from other currencies in so many ways. Bitcoin is a digital currency, which means it is fully digital. Unlike fiat, it does not function outside the internet. Furthermore, it does not depend its function on the laws that are being implemented in specific countries; it crosses borders. Bitcoin is also very much unlike other currencies because its value is very aggressive in its growth.
Yeah bitcoin is the most wanted and the most valuable currency which is famous all over the world, bitcoin is highly suitable for all kind of people which makes it different from other currency, electric currency like bitcoin is significantly different from other currency as payment method and availability and breadth of distribution, bitcoin is simple to use and it is open for all settlements of transaction, it is the best way of earning money.
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May 20, 2018, 05:29:45 PM
 #578

The fundamental distinction is demonstrated wellbeing, which is relatively inconceivable. What's more, bitcoin is the primary made cryptographic money, it is the most well known and has more open doors in the market, more venders, it is bolstered by an expansive number of programming. In bitcoin, the cash is contributed by a bigger number of individuals, including substantial business people, which altogether underpins bitcoin and its favorable position over other cryptographic forms of money.
Tatsuyashiba
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May 20, 2018, 05:35:40 PM
 #579

What I know is probably because bitcoin is the first crypto currency and from now on the price of bitcoin is very expensive. So maybe that's the reason why bitcoin is different from other coins.
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May 20, 2018, 07:05:52 PM
 #580


The main difference between electronic crypto currency and ordinary money in electronic form is as follows. In order for ordinary money to appear on the account in electronic form, they must first be physically credited to the account, for example, through a bank or payment terminal. That is, for ordinary currency, the electronic form is one of the forms of physical embodiment. The currency currency is issued directly on the Web and is not connected in any way with any ordinary currency or with any state currency system. Thus, we can say that "crypto-currency is a kind of electronic money.
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