Bitcoin Forum
July 02, 2024, 09:22:55 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 »
  Print  
Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4546 times)
Sandus_Cryptolover
Jr. Member
*
Offline Offline

Activity: 482
Merit: 3


View Profile
May 15, 2018, 01:28:36 PM
 #281

Bitcoin uniqueness lies in the fact that it's the first ever digital currency that has been accepted as a means for the exchange of goods and services. It is also a standard to which other currencies are measured in.


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.

[ M O B U ] The Investment Bank of the Future
The Security Token Protocol and Licensed Security Token Exchange
https://mobu.io/
Si nenglon
Member
**
Offline Offline

Activity: 322
Merit: 10


View Profile
May 15, 2018, 01:42:45 PM
 #282

the main thing is that I see and I use IE in terms of security that is highly secure and not easily noticed by our own comrades when we don't know him. then that makes the bitcoin is different from other currencies is not easy anyone can manage including the Government. And cannot be added again the number coin we have.
balamuda
Member
**
Offline Offline

Activity: 318
Merit: 10


View Profile
May 15, 2018, 01:43:41 PM
 #283

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 belief that makes bitcoin different from other currencies, bitcoin is the first crypto currency and bitcoin has proved its strength and can survive to this day. People will always believe that bitcoin is the best coin among other crypto coins.
Mersterious
Full Member
***
Offline Offline

Activity: 225
Merit: 107



View Profile
May 15, 2018, 01:44:01 PM
 #284

I think all currencies are the same and legit no need to compare them if you dont like it you dont have to worry
icecream sandwich
Full Member
***
Offline Offline

Activity: 420
Merit: 101



View Profile
May 15, 2018, 01:50:34 PM
 #285

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.

They are different from what currency? Is it cryptocurrency? Or fiat currency. Because if cryptocurrency them they are different because they are the first to be made and even if there are a lot of people are creating their own coins they cannot create the same as bitcoins does. And besides bitcoin creator is still unknown and so as the technology behind the bitcoins creation so there are a mystery effect that separates bitcoins from the others. And from real currency, as simply as bitcoins are volatile that makes them a great investment
Chaelbrin
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
May 15, 2018, 01:52:43 PM
 #286

The fundamental contrast is demonstrated wellbeing, which is relatively outlandish. Furthermore, bitcoin is the primary made digital money, it is the most well known and has more open doors in the market, more merchants, it is bolstered by a substantial number of programming. In bitcoin, the cash is contributed by a bigger number of individuals, including huge business visionaries, which fundamentally bolsters bitkin and its leverage over other digital forms of money.
babachon
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
May 15, 2018, 01:56:23 PM
 #287

We all know that Bitcoin is digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. But the other currencies is so different because it isn't operated of a central bank. Bitcoin is easy to generate where the other cryptocurrencies are not.
cunguks
Full Member
***
Offline Offline

Activity: 854
Merit: 101


Polkadog - Multi-Chain Defi Meme


View Profile
May 15, 2018, 01:56:33 PM
 #288

Since then, Bitcoin is really different from other currencies. If you will have a comparisons about their value, you could see tgat bitcoin is the most valuable one, hence, it became the factor why Bitcoin is different from others.
Does anyone ever hear a currency have a mission to improve the economic circulatory system? Bitcoin has that mission. And I'm sure that's what makes bitcoin different from other currencies. Cost, intermediary, time. Those are some things that bitcoin would fix. And maybe there's more.

qwertyup23
Hero Member
*****
Offline Offline

Activity: 2282
Merit: 788


View Profile
May 15, 2018, 02:00:15 PM
 #289

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.

Let me clarify you one thing: Bitcoin is not a currency.
In order for something to be a currency, it must follow the requisites such as: the government should legally accept it in order for the currency to be utilized in the system of transactions around the country, its value must be backed-up by something (like gold, etc.), it must be regulated by a government department, it must be centralized and regulated for its value to be controlled (to lessen inflation), and it must be accepted and practiced world-wide.
Unfortunately, some countries prohibit the use of bitcoin since they view it as a foreign payment used under the dark web for illegal transactions. Though its use may be a currency as some products and services can be purchased by it, it still fails to be seen as a legal currency around the world.


CoinboyBebop
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
May 15, 2018, 02:00:49 PM
 #290

Why the bitcoin is different from other altcoins? Because bitcoin networks are decentralized, bitcoin networks are not controlled by certain projects devs.
In general bitcoin transactions are anonymous because bitcoins are not controlled by agencies or governments. Excess bitcoin as digital currency compared to other currencies, bitcoin can not be faked like other currencies and bitcoin transactions can not be changed, which means if the transaction has been done can not be canceled.
Akupuniard
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile WWW
May 15, 2018, 02:44:27 PM
 #291

Bitcoin is decentralized and it's the main difference between fiat and cryptocurrencies, also bitcoin owner free from banks, taxes and can use his money all over the world.

Baby Dragon
Sr. Member
****
Offline Offline

Activity: 896
Merit: 272


OWNR - Store all crypto in one app.


View Profile
May 15, 2018, 02:56:10 PM
 #292

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.

Cryptocurrency is a lot better than other currencies in the market right now in my opinion. It is because for me cryptos like bitcoin is more efficient to use than fiat. It doesn't have layers of methods to go in to complete the transaction especially in global market so it will be cheaper and faster. I hope that other people can also see that potential to change our economy.

BUY CRYPTO AT REASONABLE RATES
▄▄███████▄▄
▄█████▀█▀█████▄
████        ▀████
███████  ███  █████
███████      ▀█████
███████  ███  █████
████        ▄████
▀█████▄█▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀ ▀█████▄
██████▀   ▀██████
██████▀     ▀██████
█████▀       ▀█████
█████▀▀▄▄ ▄▄▀▀█████
█████▄  ▀  ▄█████
▀█████▄ ▄█████▀
▀▀███████▀▀
▄▄███████▄▄
▄█████▀▀▀█████▄
██████   ▐███████
██████▌   ▀▀███████
█████▀    ▄████████
████▄    ▀▀▀▀▀▀████
███▌         ▄███
▀█████████████▀
▀▀███████▀▀
&OTHER
COINS
Partner of             
BITFINEX
Captain Sneeze
Member
**
Offline Offline

Activity: 351
Merit: 11


View Profile
May 15, 2018, 03:20:35 PM
 #293

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.

for me why bitcoin is different from other currencies is because bitcoin is the best among the rest and bitcoin have a uniqueness in other currencies and also one of the reason i think bitcoin is not controlled by any government.







Maveric99
Newbie
*
Offline Offline

Activity: 144
Merit: 0


View Profile
May 15, 2018, 03:42:02 PM
 #294

of course the advantages can not be forged or duplicate like other currencies, by making different bitcoins from other currencies is high enough security, no one can manage including the government. And it can not be added anymore then the more people hunt for this currency bitcoin prices are increasingly very unreasonable.
Judeoou
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile WWW
May 15, 2018, 03:51:08 PM
 #295

Bitcoin is the first cryptocurrency and it is known as the father of all coins. Acquisition of other coins known as altcoins can be done with the use of Bitcoin in an exchange. This is a coin that is decentralised and no one has control over it. Digital in nature
callmeback
Jr. Member
*
Offline Offline

Activity: 182
Merit: 2


View Profile
May 15, 2018, 03:53:59 PM
 #296

The first thing is the value of cryptocurrency we all know that bitcoin has the highest amount or value when it comes to currency. . It is because for me cryptos like bitcoin is more efficient to use than fiat. It doesn't have layers of methods to go in to complete the transaction especially in global market so it will be cheaper and faster. I hope that other people can also see that potential to change our economy. But the other currencies is so different because it isn't operated of a central bank. Bitcoin is easy to generate where the other cryptocurrencies are not.
martirosyan666
Newbie
*
Offline Offline

Activity: 238
Merit: 0


View Profile
May 15, 2018, 04:02:35 PM
 #297

Because Bitcoin is the first digital currency created to facilitate users in other transactions, maybe not only that, Bitcoin is also very helpful to everyone in providing comfort in various things.
thegreatdodoy
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
May 15, 2018, 04:05:07 PM
 #298

The first thing is the value of cryptocurrency we all know that bitcoin has the highest amount or value when it comes to currency. . It is because for me cryptos like bitcoin is more efficient to use than fiat. It doesn't have layers of methods to go in to complete the transaction especially in global market so it will be cheaper and faster. I hope that other people can also see that potential to change our economy. But the other currencies is so different because it isn't operated of a central bank. Bitcoin is easy to generate where the other cryptocurrencies are not.

Yes of course, bitcoin is different from other currencies because this is digital currency and this can be use only internet connection and this can be use as currency worldwide.
alvinmtp
Hero Member
*****
Offline Offline

Activity: 658
Merit: 505



View Profile
May 15, 2018, 04:07:28 PM
 #299

Bitcoin is the king in the crypto currency market , all other crypto currencies are a mere clone of bitcoin, paper currencies like dollar, yen, yuan and other fiat currencies can be printed n number of times whereas there is only a limited number of 21 million bitcoins available in the crypto market. bitcoin is recognized and has value bitcoin currency can be transferred world wide without the help of third party, unlike traditional currencies bitcoin network is decentralized and bitcoins cannot be duplicated. Bitcoin gives financial freedom for all traditional currencies are controlled by the Government.
soraxas01
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
May 15, 2018, 04:07:51 PM
 #300

First of it is a digital currency so it differs really to other currencies.second the fact that it is digitalized it is not controlled by anyone and it is itself volatile in which no one can control and lastly the price even though it blows up when doesnt it is still ranking up other than other cryptocurrencies out there.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!