This is why bitcoin is unique.

[pooya87]

Transfer of more than 1 billion, US dollars, and a commission of 0.7 cents.

actually this (paying low fees) is only one of the reasons why bitcoin is unique, and a small reason at that.
a much more important reason, for example in this case, is that you don't have to answer to anyone or rely on anyone to move your own money. if it were a bank you'd have to jump through a lot of hoops to get the funds moving and answer a lot of things about why where and what you are going to to do with the money to a lot of authorities.

[1714944990]

1714944990

[1714944990]

1714944990

[1714944990]

1714944990

[witcher_sense]

i dont believe of such  stable demand .  people also sells and people also quits on btc but there are also enters  so it simillars to unstable just like its price   .

 also we missed the part that btc can go down upon sending or transfering your btc but this isnt a problem anymore because the value of btc can always regain but what important here is that you can transfer huge sums in a less hassel way plus you also save a tons of fees  compare to when using other money transfer methods  .

Once again when you're operating with bitcoin and transfer it freely without a permission of your bankers, you don't need to care much about price fluctuations whatsoever. You just sent online a big amount of valuable asset with almost zero fee amount and more importantly you had even less amount of issues sending it. This fact itself makes this asset more valuable than any government money ever created. Once you started to use bitcoin because of its valuable qualities then stick to it and continue to use it without exchanges to fiat money that can be controlled, inflated, debased, confiscated and manipulated through increase of supply. Who cares about short-term and temporary volatility of bitcoin when everything else is way worse?

[Nunoluck]

This can save cost in large quantity. Maybe companies in the future will use bitcoin for their transaction. Companies always compete to use and create inovations in order to save cost and increase value. This Bitcoin uniqueness is a solution for them. Although there are some misunderstanding among the comunity about bitcoin that usually used for money laundring but in fact, bitcoin is the money that has the highest level of transparancy in history. I hope all government will allow companies to use bitcoin as payment method.

[Assface16678]

It is easier to transfer funds with the help of the bitcoin because it is secured at the same time it has low transaction fee, and this is the reason why the people most of the time used to transfer their funds if you move your finds in the back at that vast amount it has a substantial cost too, so it is good also to make the transaction with the help of it. There are a lot of benefits with the use of bitcoin like today there are a lot of stores accepting the use of bitcoin as payment, and this is an excellent adaptation they can now make a massive change by this kind of technology innovation.

[isaac_clarke22]

I'm fairly sure it's possible for billionaires to make 0 fee transfers between banks. That being said, tere are much more interesting features of Bitcoin:

- Its fixed and immutable money supply.
- Its pseudonymity.
- Its censorship resistance. You don't need anyone's permission to participate.
- Its digital, you can theoretically store a wallet in your head.
- etc.

Third is like freedom in other words, and I feel like that would encourage even the Gen Zs to put their money here in crypto so that they're free to buy anything with truly their own money without having to worry any other online methods that requires KYC verifications.

[mahilchii]

Bitcoin is the pride of crypto currency and obviously I agree it's unique, we can clearly understand how is leading crypto currency provides potential benefits to it's users.

Mobile access is making us more convenient and obviously we can avoid traveling to buy product or many stuff additionally any transfers in bitcoin happens very quickly, Bitcoin facilitates us in many ways and I am sure it's going to rule the world in few years.

[CHENIEN]

Bitcoin currency is unique compared to fiat currency ,for example paper money this is probably that this is not for a long term period there is a possibility that it will be broken and stolen and it would also performing some characteristic of dirt and bacterium from hands of different people day by day basicly Bitcoin is absolutely free from hazard and away from risky even more volatility whereas it is a digital currency for a new world and it's suitable to used .

[LogitechMouse]

~
Which bank will allow you to do as well?
That is why bitcoin is a great creation.
~

This is why some of the rich people are supporting Bitcoin because you can transfer huge amounts of money with only a small amount of fee and without sharing their personal information.

Bitcoin and banks are unique in their own way for me. We know already that banks are the ones who is being used by most of the people worldwide since not that many are using crypto. Either way, this will not help in advertising crypto or attract people to use crypto instead of banks because they don't know how to do it and they are more convenient if they will just transfer their money thru banks instead of crypto but time will come that more and more people will be using crypto to transfer money to other people.

[Flickkk]

Earning bitcoin without takibg a risk is very worth.
It is easy to decide to exchanging bitcoin into a fiat money.
Not only bitcoin is unique. Other main coin also  that are accepted in an app where you can use cryptos in transaction for eload .

[davis196]

Transfer of more than 1 billion, US dollars, and a commission of 0.7 cents.

Which bank will allow you to do as well?
That is why bitcoin is a great creation.


https://www.blockchain.com/btc/tx/b36bced99cc459506ad2b3af6990920b12f6dc84f9c7ed0dd2c3703f94a4b692

I hope that the individual(or company),sent the bitcoins to the right receiving address.
I also hope that this isn't some crypto whale billionaire,who is currently selling all his bitcoins for fiat.
Yeah,the transaction fee is ridiculously low,but the blockchain hasn't been stuck with lots of pending transactions.I'm not familiar with the bank fees,when it comes to sending large sums,but the fee must be somewhere around 0,5% of the entire sum.

[Lucius]

What is even better is the fact that in such transactions, banks earn 0% and this is what bothers them the most. These greedy bastards certainly do not sleep peacefully because they are aware that there is a financial system that completely bypasses them and that they have not been able to destroy it despite ruling the world from their ultra expensive penthouses somewhere in the clouds.

I hope that the individual(or company),sent the bitcoins to the right receiving address.

Address 1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g is connected with Bitcoin.de, CoinPayments, Huobi, Xapo, Bitrex, and I guess this is some big player moving coins around.

[20kevin20]

I'm more wondering which bank allows you to transfer such amounts without asking you what you're moving them for. And I'm sure none does But I think billionaires negotiate with banks. Otherwise, the commissions would be insane when moving billions of dollars - 0.01% commission is $100k for every billion moved, now imagine if billionaires had our fees..

But even if the bank negotiated fees to 0.0001%, the fees would STILL be high as hell ($1k)!

If anyone is interested: the fees that were paid for moving $1.08B represent 0.00000007% of the sum.

I hope that the individual(or company),sent the bitcoins to the right receiving address.
~

I don't want anyone to suffer from a loss of billions but I wouldn't mind having a more scarcer BTC by +150k coins lost in the void!

~
I also hope that this isn't some crypto whale billionaire,who is currently selling all his bitcoins for fiat.
~

That comes with a big opportunity for some to buy. If years ago I was afraid someone would massively sell, today I see it as a massive opportunity for buyers & investors.

[Sanugarid]

What is even better is the fact that in such transactions, banks earn 0% and this is what bothers them the most. These greedy bastards certainly do not sleep peacefully because they are aware that there is a financial system that completely bypasses them and that they have not been able to destroy it despite ruling the world from their ultra expensive penthouses somewhere in the clouds.

Are you guys going to support a bank that as a digital currency investment option? We don't have that yet in my country, I know there are already banks that is operating with crypto somewhere in Europe that's why I'm curious on how are they going to earn with those currency because trading cost is visible to investors right? can't wait to see banks going bankrupt lol.

I hope that the individual(or company),sent the bitcoins to the right receiving address.

Address 1Kr6QSydW9bFQG1mXiPNNu6WpJGmUa9i1g is connected with Bitcoin.de, CoinPayments, Huobi, Xapo, Bitrex, and I guess this is some big player moving coins around.

Whales are moving under every one's radar I guess.

[Reid]

What could it be?
Is it a whale or an exchange?
That is all that lingers in my mind now. 

Well, if they are making bitcoin for a good usage then why not.
But I doubt it is a whale. Yeah, may an exchange.
See, that is all I can think of when looking at those large numbers.

[rexxarofmoknathal]

Bitcoin is one of the most profitable things we have because it lessens the transaction fee and this is good well to us because like if you are trying to make the transfer for over 5k dollars of bitcoin over the other wallet, it does not require too much transaction fee most of the time it consumes more or less over five dollars just a few, and this is what I like in bitcoin also you can use the bitcoin to other kinds of stuff because there are a lot of stores today accepting the use of bitcoin payment just sending the address or just scanning the barcode and immediately it is directed to their funds as payment

That's true, the scalability of BTC transactions amount to little in comparison to what it might have been using regular fiat. The fact is, that BTC isn't the only one that's unique, in my opinion, cryptocurrency in general provides us with unique ways to optimise and increase financial efficiency 

[jostorres]

That’s why you’re being told that bitcoin gives you freedom. What you can’t do with most other payment methods, you can achieve them with Bitcoin easily. Lots of other payment methods wouldn’t allow you to make such a transaction, and those that will allow you will end up charging you too much fees that will discourage you lol. That’s the good thing with having a decentralized currency.

I have used several times to make transactions to people I know in other countries and it’s way too cheap compared to when I go to the bank to do such a transaction; Western Union, MoneyGram and the rest of them will charge you high fees. But with bitcoin I just fund my wallet, and quickly send the money to them.

[gundala]

~
I have used several times to make transactions to people I know in other countries and it’s way too cheap compared to when I go to the bank to do such a transaction; Western Union, MoneyGram and the rest of them will charge you high fees. But with bitcoin I just fund my wallet, and quickly send the money to them.

That's what makes BTC unique. We can make transfers in large numbers, without limits, without complicated terms and regulations as in conventional systems, and without territorial boundaries and without additional admin fees. As long as we are able to maintain security and give our best efforts for it, BTC is a good choice compared to conventional systems today. See? if we only fixate on the negative side, then we will not be able to enjoy the positive side and benefit from it.

[Lucius]

Are you guys going to support a bank that as a digital currency investment option? We don't have that yet in my country, I know there are already banks that is operating with crypto somewhere in Europe that's why I'm curious on how are they going to earn with those currency because trading cost is visible to investors right? can't wait to see banks going bankrupt lol.

No one asks ordinary people whether or not to support something, banks are powerful enough to initiate such laws that will allow them to sell and store crypto funds from their clients. This has just happened in Germany, where there are dozens of banks that have shown interest in taking their share of the cake when it comes to crypto. It is logical that if they cannot defeat the idea of Bitcoin, that they try to make money on it.

As good as it may seem at first, buy BTC at a bank and then leave it to the same bank for safekeeping just doesn't make sense to me. Because it's just like buying through some crypto exchange, and then using that same exchange as a wallet.

On the other hand, BTC will gain more legitimacy if banks include it as part of their services, and it will certainly be easier for some people to invest in that way.

[Sayma83]

The really interesting thing to look at is how many of these, Bitcoin and other crypto currencies are there, that cut a few commissions for billion dollar transactions, which are never possible in a country's bank, you see in all countries. Bkash, there are 10 dollar transactions - 0.20 $ Fee is  deducted, which is a lot, which is not possible to make a large transaction, and look at the other - as in the case of Skrill Dollar transactions. You have to pay 1.4% VAT on your transaction, so if you are trying to make 100000 Usd transaction then how much money will you deduct from your account,

Transaction Amounts  = 100000 Usd
Transaction Fee            =  +1.4% Usd
                                    -----------------------------
                            Total= 101400 Usd

1.4% = 101400 USd, which means you have to pay them 1400 usd Transaction fee. However, in the case of Bitcoin is only 0.7usd, so if you are trading through Bitcoin Coinbase or via email then you do not have to pay any Transaction fee. That is why you understand why Bitcoin is called Unique. How much more is the reason yai Bitcoin will discuss aa case that the other day.

[Bitcoinislife09]

Yeah, it's cool, but you can't really advertise Bitcoin with this alone. Just try to tell people on the streets that Bitcoin allows you to move billions without any additional verifications and for low fee - most people will scratch their head and ask "why would I need that? I don't have billions of dollars". So, if you talk about this, it's important to point out that this is an example of censorship resistance and decentralization, and $1 or 1 billion - it's all the same for Bitcoin's protocol.

I guess because it was the first cryptocurrency and a lot of cryptocurrency are just a copy or they are trying to copy this bitcoin which is unique and also in my opinion already have the demand from the community.

Bitcoin has a lot of virtues that makes it unique. Someone can gain and earn so much money. Someone can make their time and effort productive. Using bitcoin someone can buy goods, there are establishments nowadays that are already accepting bitcoin as their mode of payment. But still some countries are not yet accepting cryptocurrency. They have importance in their current currency and think of it effectively more than cryptocurrency. Through bitcoin we can make our society better and can build a lot of friendships and colleagues.