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Author Topic: why bitcoin is so much special than others currency ?  (Read 5837 times)
Guryon_master
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November 23, 2017, 08:48:14 AM
 #141

What I understand is "bitcoin is already at the pick moment beyond
what its wanted to accomplish." The continuous growing of its value become natural,
And every good offer from it is easily accessible, very convenient and that becomes the bitcoin
natural power to attract more.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Leane Lee Natividad Cuenc
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November 23, 2017, 09:13:12 AM
 #142

For me bitcoins is so special beacause of their unique system and apps...that  the other currencies dont have...So I believe that this Bitcoins will be the most popular and standard currency..

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November 23, 2017, 09:35:07 AM
 #143

This is so really hard to say special cause its difficult to explain specialty in short word
Some of them  are given below:

It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement 
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
The reason behind it speciality is already mentioned.It was the first digital coin created by sathoshi for peer to peer transaction without the involvement of third party based on the blockchain technology.The other coins uses the same technology now but of was the first so it deserves some special respect and priority over altcoins.On the other side it has given investors a huge profit within short time which was not possible otherwise and still tends to rise more in future and have much potential than other coins and much more respect and faith need to be given to this crypto pioneer.

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November 23, 2017, 09:42:07 AM
 #144

Well for me its special because its intangible asset that no one nor the government can get a hold of it, its easy to use for my daily transaction from people who i do business with.
Unlike fiat which will took a 4-5 business days to arrive at my bank and the worst thing i hate is that when a certain bank,company or people oblige you to give them your information.
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November 23, 2017, 09:48:35 AM
 #145

Because bitcoin is the first of its kind and it is very popular among a lot of people so people also expect that it will be used as an payment for a lot of things amazon and Alibaba already accepted bitcoin payment and it is very good.
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November 23, 2017, 09:50:13 AM
 #146

The question has actually been answered clearly, indeed bitcoin be very special compared to other currencies. The users more easily operate their respective accounts and can open or check it whenever and anywhere, without going to the bank. This is what makes bitcoin very special. It id very simple ways for people to invest or doing transaction.
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November 23, 2017, 09:54:56 AM
 #147

bitcoin is called a special currency because it has a lot to the advantage of real currency, such as the price is very expensive, in addition we can also invest and trade with bitcoin.
How the advantage of being "very expensive" is an advantage tho. If you're telling me that bitcoin's value surpass other currencies it might be right but expensive is just  not a right way to tell.
However other two advantages that you mentiond which are invest and trade is what attracting so many people to join to our community so it's right.

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RamBahadur.Gurung
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November 23, 2017, 09:58:51 AM
 #148

Well.. it is quite clear... isn't it? Other currencies are controlled by the central banks, while Bitcoin is not controlled by anyone. The exchange rate for Bitcoin is decided based on the supply-demand equilibrium, while that for  the other currencies are based on the rates set by the governments.
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November 23, 2017, 11:36:42 AM
 #149

Well.. it is quite clear... isn't it? Other currencies are controlled by the central banks, while Bitcoin is not controlled by anyone. The exchange rate for Bitcoin is decided based on the supply-demand equilibrium, while that for  the other currencies are based on the rates set by the governments.
With the decentralization of bitcoin, it gives a lot of option to the people if where they are going to use their money in bitcoin and how they will spend it because there are no limitation for them to do that since bitcoin is decentralized and it simply means that it has a freedom where they can grab and take advantage of.
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November 23, 2017, 12:31:02 PM
 #150

One of the special features of bitcoin is that it gives financial freedom to the bitcoin user's unlike fiat currencies which is controlled by the Government or the central banking system. Inflation does not affect bitcoins and other crypto currencies which is one of the drawbacks of fiat currencies, as years passes the value of fiat currencies decreases and the price of products increases. Duplication of bitcoins is not possible which is possible with fiat currencies which can help avoid corruption throughout the world.

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November 24, 2017, 12:44:46 PM
 #151

This is so really hard to say special cause its difficult to explain specialty in short word
Some of them  are given below:

It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement 
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.
Actually bitcoin is going to provide a good opportunity for every one and it change a life of thousands of people and especially bitcoin is playing big role in third world countries because it’s helping in their economy so bitcoin is best of the best then any other currency and people are going to support bitcoin for his high price.
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November 24, 2017, 12:47:17 PM
 #152

Most of the currency in your country are really stable you would not expect it that it grows and double his price. While with bitcoin you can double the price if it has a lot of supporters.

This is why its special because you can have really more money and sometimes nothing.
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November 24, 2017, 12:53:23 PM
 #153

I think being special is an understatement. Bitcoin , in some countries, is the only cryptocurrency being recognized. They dont care about the altcoins. Worst of it, they are called shitcoins (which in someway is true). It caught so much attention and respect because it is the pioneer of cryptocurrency. It has stood the test of time. In its pioneering stage, many dont believe in the existence of such new technology. But as time goes by, it proved to everyone that cryptocurrency has its own place in our society. With its characteristics that has edge on fiat currency, it captured the attention if many investors and users.

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November 24, 2017, 12:57:46 PM
 #154

Bitcoin is special, because the first. Some countries recognize it only. It is considered the most reliable. Even some online stores accept it. There is one answer to this question: reliability and confidence in this currency are only growing.
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November 24, 2017, 01:14:43 PM
 #155

This is so really hard to say special cause its difficult to explain specialty in short word
Some of them  are given below:

It’s a type of currency which know as peer to peer currency and this permit to send and receive money without help of broker or third party involvement 
Every bitcoin holder can review their account information after sending money or receiving money from their account.
After all kind of transection bitcoin recorded sufficient proof of every client and account holder through different facilities.
Buying and selling process is so much easier than other currency
I think above mention quotation is sufficient for proving that how much special the bitcoin is.

Bitcoin is special because it is one of the first cryptocurrecies that meets the expectation of others and it reached its success. Bitcoin also approved as legal crypto than other cryptocurrencies that are not verified or approved to exchange with fiat. Bitcoin also captured the attention of other investors and it helps them a lot.

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November 24, 2017, 02:53:17 PM
 #156

If anyone want to invest, I will suggest him/her to invest in Bitcoin.It is the best opportunity to earn money easily. It's price is very expensive now.Many investors are profited by this.So,Bitcoin is so much special for those kinds of reasons than others currency

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November 24, 2017, 04:11:28 PM
 #157

Bitcoin is so special because of the technology and the purpose behind it. Also, it endured so much issues since its inception. Another factor is the mystery behind its creator - Satoshi Nakamoto. Cryptocurrency is still in early stages of development, but bitcoin is still king even though it is not yet as mainstream as a smartphone.
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November 24, 2017, 05:28:18 PM
 #158

there are different reason for bitcoin is so much special than others currency. this currency nobody control it & bitcoin value is highly. when you deal someone with bitcoin than you can hide your identity. 

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November 24, 2017, 05:50:29 PM
Last edit: November 24, 2017, 09:45:00 PM by Hazaki
 #159

Beside being the root of all cryptocurrencies and that without other altcoins wouldn't even exist , bitcoin has the most achieved growth and is by far the safest one to use.
Bitcoin is the most trusted one also and has the highest market cap , it is also very easy to use since all what you need is a wallet and internet connection .
It provides freedom and secrecy for it's users and is backed by technologies and smart contracts that makes it perfect for people who don't want to be scammed .
Bitcoin is simply the most user friendly cryptocurrency and that's why people prefer it on any other altcoin .
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November 24, 2017, 05:51:34 PM
 #160

Bitcoin is based on technology and it has realized the peoples need for today and for tomorrow everybody knows that digitalization of all activity in financial sector never need of banking services in near future the alternative for currency is cryptocurrency and father of cryptocurrency is Bitcoin this is the basic thing why bitcoin is so much special. Bitcoin is appreciated much more then currencies. Currencies never appreciate same like Bitcoin.

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