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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4542 times)
berlinboy
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May 21, 2018, 04:12:37 PM
 #661

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.
The main reason why bitcoin is unique from other currencies because its value is continuing to rise up. Its demand is continuing to grow more because many people are keep buying bitcoins.
But it's very unstable thing unlike real estate or smth. The demand is not grow nowadays.

Ye, but blockhain has no implementation options in this sphere, as i can see.

What projects have you seen (I mean in real estate sphere with blockchain integration)?

Only liquidre and atlant, as i recall.

All good that atlant have is the website, the idea is impracticable in the reality of our word's economy. I don't even want to speak about liquidre, if they cannot create a proper website, how will they handle everything else?  I can refer you to check out genesisgound ico. It looks pretty interesting for me in comparison with others.
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May 21, 2018, 04:27:25 PM
 #662

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.
maybe we have misunderstood the function of bitcoin at the moment, Bitcoin is not a currency can be said to be a static asset of its value, if the normal currency value will be stable. I think it's bitcoin that is invested by the normal money that Bitcoin will later become a static digital money to exchange at the appropriate value

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May 21, 2018, 04:38:51 PM
 #663

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.
yeah,Bitcoin is a digital currency which has real value as other currency.But you can't print it like other currency.You just can imagine it  Wink Bitcoin is exchangeable currency that's why it's called digital currency.You can exchange it with other currencies .And it is the 1st decentralized digital currency,as the system of this works without central bank.I think,for this reasons bitcoin is different from others. Smiley
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May 21, 2018, 04:44:13 PM
 #664

The main different is ,no one can control this even government.Other currency can be control but bitcoin can't and it is more secure than other currency,and its value is rising up ,it's fast transition is also different from other currency.
budiarmed
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May 21, 2018, 05:13:37 PM
 #665

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 stronger and more popular than other currencies and also has a higher value. Bitcoin has proven to survive to this day at a high price and has the largest user population.

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May 21, 2018, 05:40:29 PM
 #666

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.
Yes, bitcoin is a different currency and its use easy and anybody can hide the identity and its use blockchain technology. Nowadays people are interested in using bitcoin and cryptocurrency because anyone earns more money.Bitcoin wallet using private key so its safe and security and nobody cannot steal your asset or never idea how much money you have. Bitcoin account never disable and don't need any verify and body can use multi-account but other currency
disable account sometime and limited also

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May 21, 2018, 05:46:20 PM
 #667

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 have an interesting question!
What currency are you talking about??? Are you trying to compare Bitcoin and Fiat money, or alternative coins with bitcoins? I think this money should not be compared at all, they are completely different.
say from history.Previously, there were gold and silver coins, then paper obligations, i.e. paper money, then digital cards and e-wallets, and now crypto money... it's all evolution

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May 21, 2018, 05:48:21 PM
 #668

Bitcoin is a digital currency but other currencies are printed. Other currencies are controlled by someone but  nobody can control bitcoin.  Others currencies market value is fixed but bitcoin market value  is volatile. Bitcoin has no fear of pick pocketing.if your system is strong  then your money will be safe.  But other currencies have a fear of pick  pockting. It's transaction are safe  but other currencies transaction are not safe like bitcoin.

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May 21, 2018, 05:53:02 PM
 #669

The distinction of bitcoin from other elective coins in the coinmarket is tremendous. They vary in blocksize, code, esteem, circling supply and some more. Bitcoin is the main digital currency and it has numerous blemishes yet despite everything it proceed to exist and turn into the most adored coins in the entire cryptographic money economy. After bitcoins demonstrated a touch of achievement different altcoins were made with a greatly improved component than bitcoin however despite the fact that that is the situation bitcoin is as yet the most looked for digital money on the web.
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May 21, 2018, 06:03:32 PM
 #670

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.

Cryptocurrencies is a lot better than fiat especially that the number of online transactions are getting higher as our society approach a more technology dependent economy. in that type of market, cryptocurrency is more practical and efficient since there are no other layers that slows down the transaction. Hopefully in the next years, everyone else will realize this a start using it.
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May 21, 2018, 06:10:13 PM
 #671

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.

Probably because it gain its reputation as the most trusted,most utilized and the first of its kind digital currency invented and its value is still increasing up to this point because it only has a total of 21 million in supply in the market and its decentralized with the concept of blockchain technology that is why its a lot more different than the other currency or even fiat money.

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May 21, 2018, 06:14:21 PM
 #672

I would not say that it differs in a coordinated way. It simply promoted it very well and it is possible to say the founder of the cryptocurrency. It is too early to draw conclusions. Let's see how bitcoin will behave further
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May 21, 2018, 06:18:18 PM
 #673

Bitcoin is very popular and very secure. not subject to the release of additional coins and is not controlled by any of their States.
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May 21, 2018, 06:24:10 PM
 #674

well i think bitcoin is unique because bitcoin is good for investment and for trading, and it can be use as payments online easily and faster.  Bitcoin is cash for the internet and it can be sent from another with the use of internet, and it is not issued by the government and no banks. Compare to other currencies only bitcoin has a good value and the price is good and cannot be forged or duplicated, so bitcoin is very different from other currencies because it is electronic and has a high level of security through modern blockchain technology
jhonnydeep87
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May 21, 2018, 06:27:20 PM
 #675

Both are not much different. Bitcoin as the core of the digital currency that can advance the economy in today's modern era. Bitcoin is also supported by some altcoins where both provide a form of participation so that all prices rise slowly. All that takes a long time so that they can generate a global economic market. Cool
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May 21, 2018, 06:55:56 PM
 #676

Bitcoin is a digital money. The difference between other currencies is very high. No money traded on the stock exchange is as high as the bitcoin.
Bitcoin is the first coin to launch a digital money call. In the future we will see more digital money.
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May 21, 2018, 07:42:49 PM
 #677

Because bitcoin is the first and famous first crypto coin and another new crypto currency has sprung up after bitcoin. Maybe that's why the bitcoin is different from the others.
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May 21, 2018, 07:49:06 PM
 #678

Bitcoin is different from other currencies just because of decentralization, other features are not the interesting at my opinion. Bitcoin making people free from govenment economy.

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May 21, 2018, 08:01:14 PM
 #679

Bitcoin is a totally powerful currency that I recognise and distinct from paper or steel currencies, with the fee of bitcoin that is never strong and no longer concern to inflation, its fee is likewise limited within the whole world is to be had best 21 million, making the rate of bitcoin soared growing in price, which has no physical form like cash in a rustic, a nameless bitcoin that could only be used over the internet network. And received thru mining with computer technology equipment.
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May 21, 2018, 08:31:28 PM
 #680

Bitcoin occupies a special, the most honorable place in the crypto currency community, as it is sometimes called, the grandfather of all crypto coins. Parallels with a human being. When there is a grandfather, he is honored and respected. Bitcoin, is a pioneer. It is like a mirror of the whole crypto currency market. I do not want to dig into technical differences from the rest of the coins, but, again, compare the grandfather and grandson. The grandfather is smarter and more experienced, and the grandson is faster and younger. If we compare Bitcoin and other currencies - dollar, yen, and so on ... Here the most important difference arises, which is very attractive to many - Bitcoin has a certain total number, it is not subject to inflation. Bitcoin can not be printed as much as you want, increasing the money supply. Of course, as a carrier of digital technology Blockchain, Bitcoin is prone to growth in price. Here, too, suggests the comparison - a simple currency, it's like counting on simple fingers. And Bitcoin, is how to count on a calculator, in our case, on a computer.
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