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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4542 times)
reda
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May 15, 2018, 04:08:12 PM
 #301

Bitcoin is digital currency. So it easy to reach the all country people. other currency will not reach the all country people. So people will be gather more information from bitcoin. It good future currency. So time is important for this process. So bitcoin is any time to increase the price. Other currecny will be not increase it will be change change the price country way. So most of the people use the bitcoin for the future saving and business improvement.
Fakrull
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May 15, 2018, 04:26:06 PM
 #302

Which makes bitcoin different from other currencies in between:
1.Bitcoin is the digital currency
2.Bitcoin is a complex product: Bitcoin work requires a level of technological knowledge.
3 .the number of Bitcoin limited to 21 million maximum: The amount of Bitcoins to be issued is limited to 21 million.
4. Bitcoin transactions have limitations: bitcoin transactions can not be changed / canceled and bitcoin transactions take 10menit.
5 .Cheaper Transaction costs: the transaction fee is easy and can be transactions to various countries with relatively low cost.
6. No guarantees on bitcoin: if you got a mistake on your wallet or forgot your wallet password.
7. Instant Transactions: Transactions in Bitcoin are done instantly on a peer-to-peer.
jake zyrus
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May 15, 2018, 04:37:03 PM
 #303

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 and even better than in the fiat currencies for me. Bitcoin is more special because it eliminated the series of third parties that makes your transaction expensive. With these third parties gone, buying products will be cheaper and also quicker. Bitcoin is also stored digitally so there's no need of expensive vaults. Bitcoin is a very secured system thanks to block chain technology.

unsquidly
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May 15, 2018, 04:37:25 PM
 #304

why bitcoin is different from other currencies because 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. and Bitcoin is different in many ways from the normal currency that we’ve been accustomed to, but it is quite essential for our world to technologically advance in a progressive manner.
neo444
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May 15, 2018, 04:40:58 PM
 #305

For me bitcoin is the leader in the cryptocurrency market because the most investors chose to put their money in it for the simple reason that bitcoin has the highest price that other cryptocurrencies
Domino68
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May 15, 2018, 04:41:31 PM
 #306

For me, bitcoin is the safest way and easier for the people who use it
Shiversnow
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May 15, 2018, 04:42:57 PM
 #307

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 is a fixed amount of bitcoins exists unlike fiat which is produced infinitely and just causes all things to be more expensive. Bitcoin transactions are also direct and faster so it will be cheaper in the long run. Bitcoin also have top security feature, private keys, which is very secured and safe. Unlike fiat, bitcoin can't be produce with fake copies. These are what makes bitcoin better than other currencies.
carlisle1
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May 15, 2018, 04:48:08 PM
 #308

Dont listen to all the people here that are going to say things like "it isnt x coin is the best". Bitcoin has the smartest an best developers in the world who have been coding and working on forms of digital cash since the 90s. People who were cited in satoshi's white paper are developers for bitcoin.
So that's one asset of cryptocurrency specially blockchain that behind this technology are experts in their own fields.i salute satoshi nakamoto for this great creation,who's out view are for one hundred years after.

Bitcoin is a currency that will change the history of mankind by using a single electronic currency for tomorrow,and will help people economically and reliability
Man91
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May 15, 2018, 04:48:44 PM
 #309

bitcoin is independent digital currency that is impossible to be managed by government. the superiority of bitcoin as digital currency is it cannot be faked whereas other currencies can. bitcoin is like a roller coaster, the price is rising then falling rapidly, while value of other currencies is standardize based on the American currency.
Core.BUSTER
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May 15, 2018, 04:51:43 PM
 #310

Yap.. that make bitcoin different than other. Nobody can duplicate and it anonymox.
So this different makes bitcoin getting more famous.
Bitcoin different than other, cause bitcoin is the only cryptocurrency that give high profit and knowledge to everyone. Bitcoin is different from others cause he teach us how to become successful in the future and bitcoin teach us to gain our knowledge in cryptocurrency to invest and trade and also teach us communicate to others. This is one reason why bitcoin is different from others.
MLBBPLG
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May 15, 2018, 05:58:12 PM
 #311

Bitcoin has no use value, only exchange value, and because it is has no worth in use other than what others are willing to pay for it, it is always in a bubble: these happen when prices of assets get dislodged from their fundamental value. So Bitcoin is the perfect bubble.
Now the obvious question that this raises is the following: Is Bitcoin so different from the dollar? A dollar bill also has no use other than what people are willing to pay for it. And if people decide they wish to trust the people who create Bitcoins more than their own government, then perhaps it could be an alternative medium of exchange.
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May 15, 2018, 06:46:13 PM
 #312

First of all let us talk about why Bitcoin is different from other cryptocurrencies. Bitcoin is far more popular than other crypto's. It's price is highest out of all cryptocurrencies. No one is even close to it.The amount of profits it provides to it's users is far more than the number of profits any other crypto currency provides.The number of users of Bitcoin are far more than number of users of any other crypto currency. If we talk about why Bitcoin is different from fiat currency then we can say that Bitcoin has no physical form but fiat money has.We need an internet connection in order to use Bitcoin but no such requirement is there in case of fiat money.Bitcoin is still not accepted in many countries but fiat is widely accepted in whole world in different forms.We have to change Bitcoin into fiat in order to use it.These are some differences between Bitcoin and other currencies.
Sandijoee
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May 15, 2018, 06:51:15 PM
 #313

Because bitcoin is the currency of the digital currency created by Satoshi Nakamoto in 2009. Bitcoin also can not be managed by governments in each country. And already many people who use it, because the average already exists who accept using bitcoin transactions. Like shopping online, even the restaurant has also received it.
Saldom12
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May 15, 2018, 06:59:31 PM
 #314

Bitcoin is digital money and global money, everyone in the world can use it if they have it. In addition, bitcoin is the first crypto currency made, this is the most popular bitcoin even is king of all cryptocurrency coin.
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May 15, 2018, 06:59:56 PM
 #315

Among everything else, bitcoin is different from other cryptos because it was the first that came and its community and supporters are simply more than the others, that makes it a quality currency and the first among digital ones
azisdoank
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May 15, 2018, 07:27:18 PM
 #316

well i think is so 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 bitcoin as a blockchain based cryptocurrency provides many benefits as compared to that of traditional fiat infrastructure but that doesn't mean it is a solution for every problem out there
coingrowth
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May 15, 2018, 07:38:25 PM
 #317

Bitcoin is the first cryptocurrency in the blockchain network mostly bitcoin is an example of blockchain decentralized network so other currency follow the success of bitcoin
MrRiuss
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May 15, 2018, 07:59:55 PM
 #318

bitcoin is different from other currencies because bitcoin is the first known cryptocurrencies, it becomes a benchmark for other cryptocurrencies
baundul
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May 15, 2018, 08:00:41 PM
 #319

There is no alternative to this. Transaction is done after examining many nondescript subjects. It's impossible to break security for code and decoder. But it's famous for mining.
19nataliya12
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May 15, 2018, 08:14:59 PM
 #320

Bitcoin is much more accessible - more exchanges, more sellers, more software and more supported hardware. Bitcoin is much more liquid at volumes significantly exceeding the volumes of any altcoyin. Bitcoin has the largest ecosystem of developers with a lot of software and implementations, in comparison with altcoins.
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