|
coinjack1337
|
 |
October 29, 2017, 03:24:28 PM |
|
It's different becaue People don't use it, they just kepp it to get rich  |
|
|
|
|
|
|
|
|
|
Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
Caelanpelley
|
|
October 29, 2017, 03:27:01 PM |
|
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.
It is easy to see that bitcoins are used on the internet, while other currencies are traded directly. The difference is that bitcoins are high in value and always oscillate, while other currencies have steady prices. |
|
|
|
|
|
Pixyoxx
|
|
October 29, 2017, 03:27:10 PM |
|
Bitcoin is a very unique concept formulated in 2009. Who exactly founded it is unknown, yet we refer its creator with a name Satoshi Nakamoto. It is different from any other currency due to various reasons. Some are :-
i) It is decentralized, i.e. no one controls it. There isnt any central agency to keep a check over it.
ii) It cannot be duplicated or doped. It is electronically created only after solving of large hectic mathematical algorithmic problems, which require special
asics computer.
iii) It will never cause inflation on its own because it will be created in a limited amount i.e. total of a 21 million bitcoins will be created and after that its mining will not be possible.
iv) 1 BTC can be further divided in 8 decimal places which will be useful because of it being limited. This decimal place of 8 can be further increased in future if a requirement arises.
Thus because of these points and its huge huge popularity among users, bitcoin is different than any other traditional paper money.
|
|
|
|
|
blackr15
Member
 Offline
Activity: 137
Merit: 10
|
|
October 30, 2017, 04:26:34 AM |
|
because bitcoin is the virtual currency / digital currency. the currency is sophisticated and has a good system. so many are interested because the price is very high ... for that I will survive in bitcoin in order for me to succeed  ... |
|
|
|
|
|
Funeral Wreaths
|
|
October 30, 2017, 04:29:37 AM |
|
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.
It is easy to see that bitcoins are used on the internet, while other currencies are traded directly. The difference is that bitcoins are high in value and always oscillate, while other currencies have steady prices. yes i prefer that bitcoin is intended for digital usage, and that was also one of its characteristics that made it unique. It also has benefits by holding unto them, and much more the user or the holder doesn't need to expose his assets and being asked or taxes. |
|
|
|
|
|
Restmand
|
|
October 30, 2017, 04:34:04 AM |
|
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.
There's a big difference in the other currency if you compare to the bitcoin.because first bitcoin is easy to trade and access if you have an internet and to clarify it the bitcoin is first when fasting transaction are talk about.and because of it digital currency its hard to duplicate or copy and print it because of it. And unlike the dollars and ueros and ohter currencies that quite slow to trade .and most of all. No one control the bitcoin . |
|
|
|
|
|
Yuhee
|
|
October 30, 2017, 04:38:25 AM |
|
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.
There's a big difference in the other currency if you compare to the bitcoin.because first bitcoin is easy to trade and access if you have an internet and to clarify it the bitcoin is first when fasting transaction are talk about.and because of it digital currency its hard to duplicate or copy and print it because of it. And unlike the dollars and ueros and ohter currencies that quite slow to trade .and most of all. No one control the bitcoin . It's just not it was 1st but because their are already many miners than any other cryptocurrency out there. Also bitcoin may be just regular coin but it has become famous among countries and businessmen. As a matter of fact, btc and other crypto are just the same and the only advantage of bitcoin are the influence and techs made only for the purpose of mining it. |
|
|
|
|
|
ivrynx
|
|
October 30, 2017, 05:55:52 AM |
|
first, bitcoin is created using block chain technology, and already it had a value, we can compare the value of bitcoin to other fiat currencies, by exchanging bitcoin to fiat, however fiat's value overtime decreases, and this is true whenever you check out fiat's buying power, however, for bitcoin, the value increases, thus the buying power is also on the rise. second, bitcoin is not just a currency, bitcoin is also considered an asset, it is being compared to gold, since bitcoin's value is now over the value of gold, and bitcoin seems to be having the same path as gold did. third, bitcoin can replace all fiat currencies, be it the dollar or euro, since bitcoin can be converted to any fiat, i think it will be much practical to use bitcoin, than converting it to fiat. there are a lot more differences between bitcoin and other currencies, there are my top three reasons, why i chose bitcoin.
|
|
|
|
|
azhar700
Member
Offline
Activity: 102
Merit: 10
|
|
October 30, 2017, 06:36:20 AM |
|
Bitcoin is the currency of digital / electronics, bitcoin does not have a physical while the currency in a country has a physical form of metal and paper.
Bitcoin can not be controlled by a government, while the currency in general can be controlled by the government.
The advantage of bitcoin for me is,
bitcoin is not just a currency, but bitcoin can be used as an investment like gold, maybe even the price now exceeds the price of gold. Though at risk, but in fact many people are already taking steps to invest in bitcoin
|
|
|
|
bozo333
Sr. Member
Offline
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
|
|
October 30, 2017, 06:52:41 AM |
|
first, bitcoin is created using block chain technology, and already it had a value, we can compare the value of bitcoin to other fiat currencies, by exchanging bitcoin to fiat, however fiat's value overtime decreases, and this is true whenever you check out fiat's buying power, however, for bitcoin, the value increases, thus the buying power is also on the rise. second, bitcoin is not just a currency, bitcoin is also considered an asset, it is being compared to gold, since bitcoin's value is now over the value of gold, and bitcoin seems to be having the same path as gold did. third, bitcoin can replace all fiat currencies, be it the dollar or euro, since bitcoin can be converted to any fiat, i think it will be much practical to use bitcoin, than converting it to fiat. there are a lot more differences between bitcoin and other currencies, there are my top three reasons, why i chose bitcoin.
Bitcoin is the digital currency it will use to all transaction. It will use to all country and you will easy to change the bitcoin. it future improvement and get the profit and save the bitcoin for future growth and business investment. People learn more information for the future country growth and economy it will growth. So it good to use bitcoin prices is change day by day, But currency prices not change. it differ witch all country currency. Bitcoin is save to all country it will change same prices. |
|
|
|
|
treather
|
|
October 30, 2017, 06:55:00 AM |
|
Bitcoin is everything Fiat is not. The value is dictated strictly by market forces and not government manipulation. It also doubles as a currency and an asset.
|
|
|
|
tranthuthuayhrng
Newbie
Offline
Activity: 11
Merit: 0
|
|
October 30, 2017, 06:55:20 AM |
|
Theo trang Qz.com, Satoshi Nakamoto được cho là sở hữu 980.000 đồng bitcoin – con số tích lũy khổng lồ nhờ đào bitcoin từ những ngày đầu tiên
|
|
|
|
|
entropy0
Full Member
Offline
Activity: 412
Merit: 100
Que sera sera
|
|
October 30, 2017, 07:07:48 AM |
|
it's a good question. why use bitcoin, over the 1000s of other cryptos.
|
|
|
|
|
Semar Mesem
|
|
October 30, 2017, 07:11:22 AM |
|
I do not think bitcoin is a currency, if the currency would need a central bank to control, but bitcoin is decentralized so it's more appropriate to say commodities.
|
.
.
.
|
|
|
|
J Gambler
|
|
October 30, 2017, 07:15:35 AM |
|
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 a cryptocurrency and they all have that one thing that makes them different from all other cryptocurrencies. First is that it runs digitally and electronically and also that it is not printed like regular money do. It is also important to note that cryptocurrency is new and an unknown to most people |
Y U MAD AT ME
|
|
|
|
barabut
|
|
October 30, 2017, 07:21:38 AM |
|
Bitcoin is major world changing thing, it changed all currency based arbitrage trading, it is fast, reliable, easy etc. in the future it would be so many alternatives around I believe.
|
|
|
|
|
Bakote16916
Newbie
Offline
Activity: 43
Merit: 0
|
|
October 30, 2017, 07:26:32 AM |
|
Of course, it's very different since bitcoin digital currencies make use of systems that are capable of running without having to rely on centralized servers. And the transaction server is verified automatically. Meanwhile, bitcoin circulating around the world is recorded by the blockchain algorithm so that each user can monitor the total supply of bitcoin in circulation. And transactions on the network that I think run very transparent.bitcoin also can not be predicted up or down because the value of bitcoin currency always moves to follow the market.
|
|
|
|
|
|
aizen10
|
|
October 30, 2017, 07:30:40 AM |
|
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. |
|
|
|
|
|
Scorpion
|
|
October 30, 2017, 07:31:51 AM |
|
The two biggest factors are developer core and the community that back Bitcoin, it's immense and large and new blood flowing everyday. It's powerful to see how vast and intelligent the network is - no other cryptocurrency can really compete at the moment.
|
|
|
|
|
FoxTheHuman
|
|
October 30, 2017, 07:36:25 AM |
|
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. |
|
|
|
|
|
