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Author Topic: Why Bitcoin is Different From Other Currencies?  (Read 4200 times)
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May 16, 2018, 01:00:11 PM
 #381

The difference of bitcoin from other alternative coins in the coinmarket is huge. They differ in blocksize, code, value, circulating supply and many more. Bitcoin is the very first cryptocurrency and it has many flaws but it still continue to exist and become the most loved coins in the whole cryptocurrency economy. After bitcoins showed a bit of success other altcoins were created with a much better feature than bitcoin but even though that is the case bitcoin is still the most sought cryptocurrency online.

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May 16, 2018, 01:15:56 PM
 #382

I think that the main difference of bitcoin with other currency is that it is made of super complicated algorithms thaf allows you to create transactions and payments in a much easier and faster way. Bitcoin is digital meaning it has no physical form. It only exist on your computer, laptop and internet.

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May 16, 2018, 01:23:55 PM
 #383

Bitcoin is more powerful and more famous than the other currencies. Its more expensive, has better performance, secure, and its proven for a long period of time.
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May 16, 2018, 01:26:02 PM
 #384

You can use Bitcoin to buy things electronically. So in this particular way the Bitcoin is like conventional currency like euro, dollar etc. which can also be used to purchase things electronically.The most important characteristic of Bitcoin and what specifically differentiates it from conventional money is that it is decentralized i.e. no one particular institution has complete control over bitcoin network. Many people like this feature because they like the fact that no large bank can control their money.
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May 16, 2018, 01:34:14 PM
 #385

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 description above is identical to all of the cryptocurrencies out there except that their creators have never gone rogue just like Satoshi. They can alter anytime the scripts behind their token or even burn them at will. Bitcoins on the other hand, cannot, since it is no longer being updated by the owner.

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May 16, 2018, 01:37:40 PM
 #386

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 from other currencies, the bitcoin is a mighty king, it has gone through so many waves that have not collapsed over time, so the bitcoin currency has risen and it has made investors more excited. and want to deal with bitocoin, it is the spirit child of all time

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May 16, 2018, 01:38:59 PM
 #387

Obviously different between bitcoin with other coins. Because bitcoin is the benchmark of the cryptocurrency world. And bitcoin still occupy the first rank of all existing coins.

I agree, bitcoin is the most popular cryptocoin because it is the first cryptocurrency in the market also known as the king of cryptocurrency. I think no cryptocoins can surpass bitcoin even though some altcoins now are having an advance technology than bitcoin, altcoins understands that to compete is a survival at the crypto market. But bitcoin are been trusted by the people because they believe that bitcoin is the best cryptocoin ever.

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May 16, 2018, 01:45:12 PM
 #388

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 in other cruptocurrency because bitcoin is proven and tested. There are so many prove that bitcoin is true and for us this is the father of all cryptocurrency because it is the one who discovered first.

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May 16, 2018, 01:57:10 PM
 #389

Some difference of bitcoin than other currencies,it is the first coin that trusted by many people and become most famous and valuable coin. And it really  helps most specially those jobless idividuals who want to earn money even staying at home.

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May 16, 2018, 02:06:01 PM
 #390

Bitcoin's changing world has become a new cash transaction. When looking at how different from today's currency is in the digital format according to the new digital world, and the transaction varies greatly and safely.

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May 16, 2018, 02:12:22 PM
 #391

Bitcoin is extremely mysterious besides bitcoin is exceptionally profitable. We can state that bitcoin is not quite the same as different monetary forms since it is utilized through computerized access and it is likewise simple to move in different gadgets, bitcoin cost additionally is temperamental and it is simple for bitcoin to ascend and ascend as the second progressed. These are normal for bitcoin we're as vary from the genuine cash or money.

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May 16, 2018, 02:18:43 PM
 #392

The typical difference is the safety. Besides, bitcoin is the very first created crypto currency based on decentralized blockchain. It is also fast and convenient to trade.
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May 16, 2018, 02:19:41 PM
 #393

bitcoin is different, no one else controls it, so it is called decentralized, and it does not work, and the bitcoin has the most safe and convinient wallet, compared to other local currencies or other local tokens running all around the market, we can obviously see that bitcoin is unique

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May 16, 2018, 02:21:55 PM
 #394

Well this is because bitcoin is created first as digital currency, bitcoin is number one useful of them all, and it is also because people are aware of the bitcoin as being volatile in price.

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May 16, 2018, 02:30:45 PM
 #395

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 different from other currencies because it is unique. Bitcoin is the currency that you can't see nor you can't touch. Also it is a currency that is digital and you can access only through technology. It is the currency that you can use online.

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May 16, 2018, 02:33:12 PM
 #396

The main differences are bitcoins and digital currencies that can not be imitated or faked, which can hardly be overcome. In addition, bitcoin is the currency created, the most popular and more in the market, more sellers, supported by a large number of software. In bitcoin, money is invested by more people, including large entrepreneurs, who significantly support the bitkin and its benefits over other crypto currencies.
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May 16, 2018, 02:34:37 PM
 #397

Bitcoin is slightly different from all the other coins because Bitcoin is the first currency that came in the cryptosystem. Since Bitcoin is the first currency, then the value of all other currencies depends on the value of Bitcoin. If the price of Bitcoin decreases, the price of another currency will decrease, and the price of all other currencies increases if the price of bitcoin increases. All currencies are indirectly dependent on Bitcoin. Bitcoin's price is much higher than that of Bitcoin. Many people call Bitcoin as the king of all the coins.

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May 16, 2018, 02:45:24 PM
 #398

Yes obviously different currencies bitcoin with other currencies, bitcoin is a digital currency processed with electronic computers while other currencies are made with printing for the symbol of each country

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May 16, 2018, 03:09:40 PM
 #399

Bitcoin has shared ledger, so everybody can check the whole history of coin transfers. With normal currencies you don't have this. You don't know who has paid and received what amount of currency. Bitcoin is future, but first they need to get rid of mining. It is just stupid waste of energy.

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May 16, 2018, 03:23:23 PM
 #400

Bitcoin is old value over years and it is the starter of digital payment innovation with almost 160 GB blockchain hold a history of money also many members convert their assets to bitcoin .

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