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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4610 times)
Marry Finch
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March 11, 2018, 08:16:46 PM
 #241

Electronic currency, such as bitcoin, differs significantly from other methods of electronic payments and from cash resources by the availability and breadth of distribution, the simplicity and openness of all settlement transactions.

Karakyli
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March 11, 2018, 08:27:14 PM
 #242

The electronic money network is the combination of all client programs or e-wallets into one database, which can be on each PC. Electronic currency is provided for open viewing and full access in the operating system. You can connect to such a system with ease, while having an electronic wallet on a special service. Work with electronic money is possible from anywhere in the world.
cheefbuza
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March 11, 2018, 08:30:56 PM
 #243

Bitcoin more than any other currency is a natural digital currency.
It's like the digital gold. I mean, there are plenty of miners all around the world making it run well.
There's no corporation, a person, a face, a vision behind this. Bitcoin unlike all the other currencies, belong to us! Belong to me. Belong to you. Belong to every single person in this world; all you need is to own it!

Litecoin? Charlie Ethereum? Vitalik.
Either they want it or not, everyone knows there is a vision of their currencies. A specific one.
But Bitcoin will be whatever we want it to be. It's decentralized. Limited. Natural. No ownership. In one word: "Priceless".
bitvelk
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March 11, 2018, 08:32:10 PM
 #244

Yes, bitcoin is not just different from other currencies, it is something completely unique, original, such in the history of Economics and Finance has never been. And I am happy to deal with bitcoin and help its development by investing in it.

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Marucya
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March 11, 2018, 08:33:12 PM
 #245

At any time, anyone can view the history of all payments and track all payments from the moment coins are generated, and the story is never deleted from the database
Deathgamer
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March 11, 2018, 08:34:56 PM
 #246

Bitcoin is different from otuer currencies because it is a crypto or a digital currency.Unike fiat bitcoin has a huge value and it is good for a lomg term investment.Although bitcoin price is volatile many people are still investing because they believe that bitcoin is the key to their success including me as well,I really believe in bitcoin because I already habe a friend that is now very rich because of bitcoin so I am workimg hard to earn more money to invest in bitcoin in order for me to get rich as well.
Halcyon Days
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March 11, 2018, 08:37:13 PM
 #247

BTC works decentralized without a need of a centralized instutional eco system. It is the introduction to the blockchain technology, in which double spending is not possible, mining gets new coins, but also makes it possible to verify transactions as well as fees and every transaction is listed forever in the chain. And this is just the tip of the iceberg, there are many more things, which make Bitcoin unique.

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Falgorn
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March 11, 2018, 08:37:39 PM
 #248

Knowing only the bitcoin address, you can at any time learn all the transactions received by this address or poisoned from it.
Abigail Black
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March 11, 2018, 08:43:34 PM
 #249

Lack of constant, systematic control, namely the entire database is distributed on a peer-to-peer basis and does not have a control center that can block or slow down finances, stop or check payment.
bigbosma
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March 11, 2018, 08:46:25 PM
 #250

It is the difference between bitcoin and other currencies that allows us to earn with it. In addition, I believe in the great future of bitcoin directly as a currency, as its idea is very interesting and will benefit people.

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Delgadobitpay
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March 11, 2018, 08:49:50 PM
 #251

At bitcoin transactions, there are certain commissions, the amount of which is insignificant relative to the total amount of the transfer. At the same time it is necessary to know that all transactions are irreversible and irretrievable, they can not be canceled.
JonCryptoHack
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March 11, 2018, 08:54:35 PM
 #252

All calculations of crypto currency are anonymous and convenient. If you want, you can automatically enter the address and account number into the system.
Valerianbit
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March 11, 2018, 08:58:19 PM
 #253

When carrying out operations with crypto currency, a high level of protection of payments and personal data.
udivkx
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March 11, 2018, 09:02:10 PM
 #254

Bitcoin has unique differences from any other currency, the most interesting of which is that it is decentralized. This is very unusual and gives bitcoin great prospects.

sam__bog
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March 11, 2018, 09:04:12 PM
 #255

The main thing (BTC or any other cryptocurrency) is really that all of them have a unique mathematical code, that what make them limited and unique
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March 11, 2018, 09:05:29 PM
 #256

It is not totally different, their price only is much expensive compare to the other crypto currencies. Actually bitcoin was started also at a low price but due to supports of many investors they survive until they reach their position now in the market.
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March 11, 2018, 09:27:36 PM
 #257

It has a completely different concept, it is a currency that is designed not just to support our financial world, but to completely change it, to make it much more convenient, faster and safer.
ene1980
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March 11, 2018, 10:21:45 PM
 #258

What makes bitcoin different from other crypto currency? I think bitcoin is already a legend, almost like Yuri Gagarin.
Bitcoin opened our way to an amazing crypto world, in which already more than 1,500 altcoins.
This is the truth and the main difference,bitcoin opened the world of cryptocurrency and each and every coin in the market is simply because it showed them the way of a decentralized economy ,there might be other coins with faster transaction and low fees but it cannot bitcoin because of its popularity it gained in a short period of time.
Deathgamer
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March 12, 2018, 10:03:22 PM
 #259

Bitcoin is different from otuer currencies because it is a crypto or a digital currency.Unike fiat bitcoin has a huge value and it is good for a lomg term investment.Although bitcoin price is volatile many people are still investing because they believe that bitcoin is the key to their success including me as well,I really believe in bitcoin because I already habe a friend that is now very rich because of bitcoin so I am workimg hard to earn more money to invest in bitcoin in order for me to get rich as well.
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March 12, 2018, 10:16:14 PM
 #260

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 the wikipedia definition but in my own opinion, the reason why bitcoin is the highest priced cryptocurrency is because it was the first coin that has been created and the altcoins values that are being created are all based on bitcoins price.

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