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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4542 times)
ngesotcoy
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October 30, 2017, 07:45:45 AM
 #61

Bitcoin is different from other currencies like Dollars or Euros: BTC is limited to 21 million coins which should avoid inflation. BTC does have a particular characteristic that would be extremely difficult to substitute, which is an immense amount of combined computing power

KesoNie
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October 30, 2017, 07:48:43 AM
 #62

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.
And it's worth more than the real money, and the bitcoin has a limited amount that can not be added any more.
Technically speaking it was the origin and history of bitcoin. For me the biggest difference of bitcoin to other kind of coins or altcoins is its high value or exchange value in the market and its value are keep on getting higher. We all know here that bitcoin is digital currency and we also know what the future of bitcoin itself holds.  We are so blessed and lucky also to known it and be part of this trading industry of bitcoin.
Boov
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October 30, 2017, 07:59:16 AM
 #63

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.

all you mentioned are the bitcoin characteristic has, and thats the differences of bitcoin from those other currency that already exist before. having bitcoin for now are more valuable in the future unlike the other printed currency has, printed currency are takes a lot of time to become more valuable or maybe its not work well to has a big value in the future, while this bitcoin is our newly and most advance digital currency to be use asides of being use as a payment method but you can also use this bitcoin as a long term investment project to earn more or become had more value in the future than printed currency has not.
All the differences technically are already stated above. Its origin also, who invented it were stated already. But for me in my own perception and belief the difference of bitcoin from other kind of atlcoins or forks is its exchange value. Bitcoinis superior to them in terms of value. And its getting higher as tine goes by and as investors are increasing its promise to be profitable is continuously alive.
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October 30, 2017, 10:27:01 AM
 #64

bitcoin maintains much more security than other coin. There are currently many sites online, who accept bitcoin more than the other coin. And there is no other coin near the amount that has been present at present.

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Theo222
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October 30, 2017, 10:59:54 AM
 #65

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 first cryptocurrency in the world and they usually use it as a currency in lot site like gambling investment trading and they also use bitcoin as payment method but other cryptocurrency has the same like bitcoin.
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October 30, 2017, 11:01:29 AM
 #66

Bitcoin is different from other currencies because it is the first currency ever to reach that high value. No one  imagined the progress that bitcoin will make when it was created. Bitcoin is defenetly one of this century's phenomens because it will start changing the world economical map soon and it made lots of people reconsiderate their thought about cryptocurrencies.
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October 30, 2017, 11:12:21 AM
 #67

The creator of bitcoin is really a genius. He was able to create a digital form of money using the network wherein its value is dictated by the market. Creating a market that is not monitored by the government and can keep a private transactions. Unlike cash bitcoin is a digital currency making it more convenient to use.

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October 30, 2017, 11:17:34 AM
 #68

Bitcoin is the highest value in cryptocurrency. It cannot manipulated by places like Federal
 Reserve Bank or other international bank. Meaning to say, it is safe that others cannot manipulate it. However, Bitcoin has captivated markets which is demand from other digital coins. Most of the companies using it because it can raise millions in minutes, or even seconds. Besides, they use it also in Black Market.
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October 30, 2017, 11:42:05 AM
 #69

Bitcoin is the result of technological advance. With bitcoin we can pay online without intermediaries, and that we fill now. But the unique of bitcoin is intangible but have a very high value, different with gold and money cash.m
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October 30, 2017, 11:48:25 AM
 #70

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.

Well, bitcoin is one of the oldest currencies, so it is more reliable and secure. Also, a lot of people use bitcoin it is like the uniform currency to all. Therefore, making bitcoin the most convenient currency to use above all others.

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October 31, 2017, 07:56:41 PM
 #71

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.

You are right about bitcoin is different from other currencies but there are many relations between bitcoin and other currencies in some points. People still use other currencies like dollar or euro etc. instead of bitcoin. This means that there aren't so many differences among currencies. We may say that bitcoin is a different form of currencies.

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felipe04
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October 31, 2017, 08:54:18 PM
 #72

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.
this is the first so its so popular not like other coins and its so useful,trusted in payments we can say the spreading of bitcoin is more in different country because its already use in different ways i think some coins will be similar in bitcoin but in price i think its not  because bitcoin already good in terms of everything
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October 31, 2017, 09:40:34 PM
 #73

Bitcoin is different other currencies because it is not "real". You can touch it. It is not inflation and doesn't waste printed papers.

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November 01, 2017, 05:22:04 AM
 #74

A lot of specialty of Bitcoin-
1. Firstly most of the time Bitcoin price will be pumping.
2. Secondly any amount of transaction possible in a day no limitation.
3. BTC transaction process is very fast in others currency.
Yes bitcoin is fastly on its way to the peak , it has multiple benefits . The most important one is it saves time . It is quickly invested and takes less time in transferring . Its benefits are countless , with time it will replace all other currencies. Hope for the best.
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November 01, 2017, 05:25:40 AM
 #75

Bitcoin shows that it is indeed increasing at the end of the year.
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November 01, 2017, 07:12:03 AM
 #76

You can use Bitcoin to buy things electronically. So in this particular way the Bitcoin is like conventional currency like euro, dollar etc. which can also be used to purchase things electronically.
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November 03, 2017, 04:07:05 AM
 #77

Bitcoin is the first and most popular existing crypto currency. Its capitalization is several times larger than that of other digital means of payment. In this system, most sellers, buyers and the number of transactions, which makes it highly liquid.
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November 03, 2017, 04:16:34 AM
 #78

The main reason is that bitcoin is digital currency and it can be used through internet when internet is available then you can use it. Bitcoin is highly valuable currency the second difference is the other currencies is highly volatile and bitcoin is highly profitable and competitive currency in the market. Like all these the trading of bitcoin is profitable while other currencies are not that much. 

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November 03, 2017, 08:42:00 AM
 #79

I think bitcoin is different from other currencies because its supply is limited for 21 million, bitcoin is used mostly from internet, the payment of method is very convenient from all the users of bitcoin and we all know bitcoin is decentralized so no fees in every transaction we made because no authority are involved. The demand and popularity one of the key that's why bitcoin is unique because many investors willing to invest.
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November 03, 2017, 08:57:25 AM
 #80

Bitcoin is the first crypto currency. It has limited supply. The Value of 1BTC is more than other crypto. Day by day its value is increasing and it will be always better from other crypto. Thats why Bitcoin is different from other currencies.
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