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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4542 times)
Lauriel lyh
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May 21, 2018, 04:02:41 AM
 #621

of tow main reasons :decentralized  and the unchanged amount!
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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Disclaimert
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May 21, 2018, 04:56:26 AM
 #622

which makes the bitcoin different from other coins is because bitcoin has its own price fluctuations unaffected by other coin prices.
yron51
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May 21, 2018, 05:22:03 AM
 #623

Bitcoin is different from other currency because it is have a very big proce to other currency that known as mother of all currency Smiley
soodungg26
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May 21, 2018, 05:40:42 AM
 #624

I think that Bitcoin is very different from other currencies because it is the first currency that reaches a higher value in the world.
henry clinton
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May 21, 2018, 05:46:47 AM
 #625

It cannot be controlled by governments and cannot be forged or copied simple as that.
zanhef24
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May 21, 2018, 05:47:29 AM
 #626

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 different from other currencies because bitcoin has a popularity and have a highest among other crypto currencies and it remains on the top bitcoin has a limited supply with 21,000,000 million.Bitcoin also is the first digital currencies that being invented last 2009 by satoshi nakamoto.
diodora
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May 21, 2018, 05:51:08 AM
 #627

There are many other differences:

1) No paper is required for printing so good for environment.

2) The transactions are irreversible which is good for sellers.
coinriver
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May 21, 2018, 06:09:24 AM
 #628

Bitcoin is the first generation cryptocurrency, and other cryptocurrencies develop on the basis of it.
Minionnn
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May 21, 2018, 06:10:45 AM
 #629

Bitcoin is a digital currency, it is stored and all it's transactions thanks to the internet. Bitcoins are not managed by any agency or country. bitcoin can not be created more. Bitcoin's technology is modern, high security.

bungutko
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May 21, 2018, 06:12:10 AM
 #630

Definite it is different from the other cryptocurrency aside from being the original digital currency, it has a price value that is far behind with the other coins. Everytime, btc is on the rise the altcoins will follow and this had benefited the impact and this triggers on it's rise. Bitcoin is the baseline in every price movement and I think if bitcoin will be gone, that would be a problem with the remaining currency to rise up.
Powerpuff
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May 21, 2018, 06:12:22 AM
 #631

Bitcoin is the currency of the Internet; a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever, there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.
arrmia11
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May 21, 2018, 06:12:40 AM
 #632

Basically, it is the first crypto currency that was created and as of now, no one one can beat it. Compare to the physical currencies, it is more accessible and convenient since you can have your transactions as easy as you swipe than the traditional way. Bitcoin offers a lot of features and advantages to the people than having the other currency (although we still need them) such as no third party transactor, business and including employment. Just imagine if it is running into our government system, then it would probably help alleviate unemployment and etc.

soodungg26
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May 21, 2018, 06:22:41 AM
 #633

The reason Bitcoin is so valuable today is that there can only be 21 Million Bitcoins within the network. After the last Bitcoin is purchased, people may begin trading in less which would make it more valuable. This value increase would be due to the limited supply of Bitcoin, matched with unlimited demand for this cryptocurrency.
soodungg26
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May 21, 2018, 06:29:08 AM
 #634

Bitcoin is subject to inflation alone due to scarcity caused by an artificial limit. Country backed currencies are subject to deflation as well.
Bitcoin is the best and top 1 of all crypto currency price. On all coin bitcoin has only stable price that give us huge amount of profit on the market.
yeahh I think so
mix max
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May 21, 2018, 06:35:59 AM
 #635

I think the main reason is because bitcoin is the first and the popularity of bitcoin also makes it different. It makes the enthusiasts become more and more and the value also becomes higher.
adadaorlina
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May 21, 2018, 06:38:33 AM
 #636

Bitcoin is the first cryptocurrency that introduced in this world, bitcoin became different from other cryptocurrencies in terms of popularity, stability and value. This currency can not be printed like any other currency. It cant be touch by our hands but can be hold with the help of our technology.
Sakhawat169
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May 21, 2018, 06:39:15 AM
 #637

Because its transactions are only through online.And it is high security money than other money. Smiley Smiley
demonz666
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May 21, 2018, 06:39:47 AM
 #638

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.
Of bitcoin is different from other coins. Bitcoin is a very unique coin. In addition to be used for payment of bitcoin can also be used as an investment tool. A very sophisticated bitcoin transaction system with blockchain technology makes bitcoin a revolutionary digital currency.

CryptOliver
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May 21, 2018, 06:42:08 AM
 #639

Because the bitcoin is always be special as the mother of cryptocurrency. All coins need to turn into bitcoin first if you want to make it money some years ago, bitcoin is invite another coins to wake up from the earth to the moon. Bitcoin is everything in crypto world.
soodungg26
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May 21, 2018, 06:46:01 AM
 #640

Bitcoin transaction requires fees to be paid to miners. This is quite similar to taxes we pay the government, except taxes can be evaded quite easily compared to having a transaction registered in the blockchain without paying fees.
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