Bitcoin versus other offline currencies

[eann014]

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

I don't think so, altcoins also have a potential to grow like bitcoin. There are now a lot of altcoins are growing so fast just like bitcoin, maybe because some investors or small investors can't afford bitcoin now, so they are deciding to invest with other coins that also has a good amount and has a good potential.

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[rhamzter]

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

I don't think so, altcoins also have a potential to grow like bitcoin. There are now a lot of altcoins are growing so fast just like bitcoin, maybe because some investors or small investors can't afford bitcoin now, so they are deciding to invest with other coins that also has a good amount and has a good potential.

In my opinion in the future bitcoin will raised up and surpass offline currencies, since many people now are attracted to bitcoin because all transactions using this coin is more easier compared to using offline currency.

However I still believe that offline currencies will not die maybe they become limited due to more people used digital currencies.

[portotoi]

As a NEWBIE, how would you explain bitcoin as against other offline currencies?
Which one has more market value and why do you think so ?

In my own understanding, bitcoin differs a lot from other offline currencies. In what way? Well in some features like bitcoin is a digital money that can be used in a quick and easy online transactions unlike other offline currencies. And lastly, this bitcoin has a volatile factor that increases rapidly than the offline currency.

[BlockTechnology]

Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution

[bering]

in my view bitcoin can consider as valuable asset equal to offline currencies but bitcoin also good for long term investment because if the price rise up for every year then our investment value also will increase automatically but very different with offline currencies because if we save it for long term purposse then the percentages to increase our asset is more low than we save bitcoin

[filtyfrank251]

Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution

Nowadays, the new coin is bringing in new techniques with more advanced features. But bitcoin technical platforms are open platform and most of the new coin, although there are many improvements, are still built on bitcoin algorithms, because so bitcoin can not be replaced by bitcoin. other coin.

[droptableguy2]

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

Currently, bitcoin is still considered by the community and is most popular in the crypto world. Bitcoin has such outstanding features that traditional money does not have, so it has grown tremendously over the years. I really admire the satoshi who created the bitcoin coins that the world is using today.

[boyptc]

in my view bitcoin can consider as valuable asset equal to offline currencies but bitcoin also good for long term investment because if the price rise up for every year then our investment value also will increase automatically but very different with offline currencies because if we save it for long term purposse then the percentages to increase our asset is more low than we save bitcoin

It is already considered as valuable asset and there are people who are comparing it to offline currencies although we shouldn't be. It's different to other currencies, bitcoin has a lot of use unlike those currencies (fiat) that we are using everyday. It's only a medium of exchange to goods and services.

[Sony.UK]

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

Currently, bitcoin is still considered by the community and is most popular in the crypto world. Bitcoin has such outstanding features that traditional money does not have, so it has grown tremendously over the years. I really admire the satoshi who created the bitcoin coins that the world is using today.

Last two years Bitcoin's growth have set it's flag flying high on top in currency market. As everyone turned towards it surprisingly looking at its price, more became aware of crpto and its benefits. Now it's standing on top on the list amongst fiat's and cryptos on top embracing the high value in the currency market.

No banking system, it's handled online, less chance of theft,  price is so high,  no third party required, transactions are so fast,  peer to peer transaction and so on..

[AjithBtc]

If bitcoin has got the offline usage as our traditional currency now it might have reached at least half the entire population worldwide. As it is used only through internet mostly people who were into it are the technology aspirants who believe that growth in technology is the one which is gonna drive the future.

[passwordnow]

Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution

We aren't just talking about altcoins here, it's also about those offline currencies like our real money. The security of bitcoin or the tech behind it is blockchain technology and that is giving a lot of people a good sign that it can be used for storing value.

If bitcoin has got the offline usage as our traditional currency now it might have reached at least half the entire population worldwide. As it is used only through internet mostly people who were into it are the technology aspirants who believe that growth in technology is the one which is gonna drive the future.

I would never doubt that to happen if bitcoin does have that tech but let's see if in the future there will be integration that would lead to that thing.

[Wolfwar]

If bitcoin has got the offline usage as our traditional currency now it might have reached at least half the entire population worldwide. As it is used only through internet mostly people who were into it are the technology aspirants who believe that growth in technology is the one which is gonna drive the future.

I do not think that Bitcoin is ready for use in the real world for real purchases. You Imagine how much you will be paid coffee in a cafe, if you pay for it in Bitcoin. The prices for the transaction are very huge and at the same time their duration is also high. I think that Bitcoin is not ready for this today.

[bitgolden]

I think that all bitcoins will lose all crypto currency one by one because bitcoin only has the highest rate and value in all the coins.

I don't think so, altcoins also have a potential to grow like bitcoin. There are now a lot of altcoins are growing so fast just like bitcoin, maybe because some investors or small investors can't afford bitcoin now, so they are deciding to invest with other coins that also has a good amount and has a good potential.

Altcoin and bitcoin both are digital currencies and both are very much beneficial for the ones who are planning either long term investment of money or short term investment of money. However, if we make a comparison of bitcoin with all other regular currencies, then we’ll find out that bitcoin is far better than all other regular currencies in all other things except that legalization thing.

[ganlianshifu1]

Currency is a decentralized encrypted virtual currency, he sped up the digital currency circulation, it is very easy to make some deals if you have enough spare legal tender, can try to invest some COINS! The profits of bitcoin are now unprecedented!

[Superzpay]

Currency is a decentralized encrypted virtual currency, he sped up the digital currency circulation, it is very easy to make some deals if you have enough spare legal tender, can try to invest some COINS! The profits of bitcoin are now unprecedented!

Bitcoin is no doubt far better than that of all the regular currencies which are there in this world. There is no currency which is having this much of market value as is of bitcoin or investing in that currency can help you in having some good money as in case of bitcoin. In addition to this, bitcoin is one of the digital currencies and it really needs to have an internet connection for performing any kind of operation unlike regular currencies.

[bitgolden]

Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution

Nowadays, the new coin is bringing in new techniques with more advanced features. But bitcoin technical platforms are open platform and most of the new coin, although there are many improvements, are still built on bitcoin algorithms, because so bitcoin can not be replaced by bitcoin. other coin.

There can be no other coin in this world which can replace bitcoin in any way. Bitcoin is the best coin and there is simply no match of bitcoin in any way. As far as bitcoin and other regular currencies is concerned, bitcoin is far better than regular currencies in number of ways.

The only place where bitcoin is facing some problems is the legalization issue of bitcoin. Once that will be resolved, then there will be nothing to be worried about.

[taktik]

Most altcoins are technically different from Bitcoin, and it is often for this reason that people invest in them. The main advantages of Bitcoin are the network benefit effect and proven security.
Altkoins also have their advantages and some of them lack the drawbacks of bitcoin (a large commission, a long time of execution

Nowadays, the new coin is bringing in new techniques with more advanced features. But bitcoin technical platforms are open platform and most of the new coin, although there are many improvements, are still built on bitcoin algorithms, because so bitcoin can not be replaced by bitcoin. other coin.

There can be no other coin in this world which can replace bitcoin in any way. Bitcoin is the best coin and there is simply no match of bitcoin in any way. As far as bitcoin and other regular currencies is concerned, bitcoin is far better than regular currencies in number of ways.

The only place where bitcoin is facing some problems is the legalization issue of bitcoin. Once that will be resolved, then there will be nothing to be worried about.

I think that many users do not want to legalize Bitcoin, and first of all because the government and the states will oblige them to pay taxes from each transaction. We understand that taxes can take almost half of the earnings that we have.

[LinAliza]

For me I think most people who don't know about bitcoins are against it or they might have some little knowledge of it but are still on the denial stage of embarrassing it. So far from my experiences with earning bitcoins from scratch I mean literally no capital or investment started from faucets then started trading these coins to the trading market then airdrops and bounties. There is real money in bitcoins compared to the offline money where you can't really earn from scratch at the comforts of you house.

Well, excluding the internet connection and electric bills you are paying monthly basis.

[BlueStackz]

Bitcoin has plenty of room for improvement in the blockchain, gold and other currencies. The advantages and disadvantages of bitcoin come from the Internet, which makes it easier to trade, but on the other hand, intangible, digital cryptocurrency! Some other currency, gold means that you can see it with my own eyes, and his hands to keep it, that's why many people still don't like COINS, because they want to is a tangible asset!

The thing which is healing bitcoin to have some priority over all other regular currencies is the involvement of internet in regulating not only bitcoin but any other crypto coin.

In the modern and technical world, internet is really an important thing and it is really a good idea and this is why bitcoin is gaining this much of fame. Moreover, the increase in the market value of bitcoin in quite noticeable thing.

[julzcoinbit]

Bitcoin has plenty of room for improvement in the blockchain, gold and other currencies. The advantages and disadvantages of bitcoin come from the Internet, which makes it easier to trade, but on the other hand, intangible, digital cryptocurrency! Some other currency, gold means that you can see it with my own eyes, and his hands to keep it, that's why many people still don't like COINS, because they want to is a tangible asset!

The thing which is healing bitcoin to have some priority over all other regular currencies is the involvement of internet in regulating not only bitcoin but any other crypto coin.

In the modern and technical world, internet is really an important thing and it is really a good idea and this is why bitcoin is gaining this much of fame. Moreover, the increase in the market value of bitcoin in quite noticeable thing.

I agree, In this time of a new era, bitcoin is one of the fame of improving technology, which we can consider an asset  because of its potential to give us financial freedom and possible to make us rich if we have a courage to pursue doing bitcoin activities here in bitcoin forum.