Bitcoin is unique to man. - page 2. | Bitcointalksearch.org

pragna

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Quote from: Crptomagma on October 17, 2020, 03:38:28 AM

There is a whole lot to discuss about bitcoin but the mind blowing aspect is its being the world first digitalized currency and decentralized at that, How interesting to know and Its worth basically comes from being the first digital currency that has no human organization or authority to control. It’s has so much become common that anyone can buy,sell or receive it .In our world today a Bitcoiner is a great investor and has good savings without no limit.

Bitcoin isn’t just safe to keep your funds but it keeps you in charge of your funds. despite the fact that bitcoin is a decentralized currency many human organizations and Authorities still seek for it and use it a means transactions (sending and receiving). I have no doubt that with these uniqueness the future of bitcoin is bright and promising for those who puts interest in it.

You are correct that BTC is unique and if anybody first come to cryptoworld he must first know about BTC nothing else. BTC covers about 72-5% of whole crypto market and rest of others. This is because of its uniqueness and sprite. Now anybody in crypto market can easily trust on it and can invest as he wants. There is no barrier do everybody should follow him as no 3rd party involve here.

thanks.

Reatim

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Quote from: perfect999 on October 20, 2020, 01:40:37 PM

Bitcoin is the first and it keeps taking the upper hand for that, nothing changes that. Many other digital currencies has been create and said to be better than Bitcoin due to one feature or the other that they carry, but at the end they can’t replace the cryptocurrency BTC which is the pioneer of the crypto space.

actually the title must be "Cryptocurrencies" and not only Bitcoin because this is what it means,the totality of currencies are not only standing for Bitcoin but the whole market.

Quote from: perfect999 on October 20, 2020, 01:40:37 PM

I am lucky I discovered cryptocurrency,

actually this is what we must all do being thankful to what we have achieved in this market.

What i was thinking is those FUDders in which making bad image to crypto while the truth is they are making money inside.

shield132

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Quote from: Debonaire217 on October 27, 2020, 09:13:20 AM

It is quite sad that these days, the nature of bitcoin as a decentralized currency is trying to be taken away by most of the big companies especially those who are centered on financial services. The reason is that most are focused on hype and to increase the market price of bitcoin, they do not know that their rights on cryptocurrency especially bitcoin are slowly taken away as they use these financial systems that control their private keys. Meaning, the statement on the white paper of bitcoin which states about it being a tool for peer to peer transaction will fade as people return to using these financial institutions that are considered as the intermediaries.

Yeah, sad fact is that bitcoin isn't what is was some years ago and while it's sad, the current situation sounds very logical, I would even be surprised if it wasn't like that. Bitcoin turned into commercial business. Big companies are on the prowl, they make takeover bids to buy other ones, for example like finance did and bought coinmarketcap. What do you think, are they silly to pay 400 million USD in a website that shows cryptocurrencies prices? No, they have a strategy around it that will bring them 400 million and even more back while also giving them the power they seek.
Bitmain upgrades equipment, mines a lot and then sells them like an innovative product while it's already old for them.

Debonaire217

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It is quite sad that these days, the nature of bitcoin as a decentralized currency is trying to be taken away by most of the big companies especially those who are centered on financial services. The reason is that most are focused on hype and to increase the market price of bitcoin, they do not know that their rights on cryptocurrency especially bitcoin are slowly taken away as they use these financial systems that control their private keys. Meaning, the statement on the white paper of bitcoin which states about it being a tool for peer to peer transaction will fade as people return to using these financial institutions that are considered as the intermediaries.

peter0425

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Quote from: carter34 on October 27, 2020, 08:23:35 AM

Quote from: Crptomagma on October 17, 2020, 03:38:28 AM

In our world today a Bitcoiner is a great investor and has good savings without no limit.

Is not just that every investor find it that easy making money from bitcoin investment. From the above you said, you remember investing for profit is to be made at the right time. If you put money in any business at the wrong time, it will fail because there are time for investment just like the planting too.

And also how long we can handle the downtrend of the said investment ,Not looking for faster income instead ready for all aspects of situations.

But i will stand being investor but admit also that this is not the easiest way to profit.

carter34

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Quote from: Crptomagma on October 17, 2020, 03:38:28 AM

In our world today a Bitcoiner is a great investor and has good savings without no limit.

Is not just that every investor find it that easy making money from bitcoin investment. From the above you said, you remember investing for profit is to be made at the right time. If you put money in any business at the wrong time, it will fail because there are time for investment just like the planting too.

Latviand

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Quote from: peterpanda on October 20, 2020, 01:46:34 PM

Bitcoin is helping us in many ways and it turns our transaction term in a easy process. People are so interested in bitcoin because it is decentralized, fast and secure. Day by day people are accepting bitcoin for their daily needs.

Before, no one expected that bitcoin will exist, so it is really unique for a man to learn about investing on it and use it in many transactions.

Satoshi really did a great job about creating a cryptocurrency that has a lot of potential to help the economy and an individual to achieve his dreams.

We all know that bitcoin is already popular in the market and it is the most used cryptocurrency in the world. Although it is decentralized, it is a way from the authorities, there are still people who are courageous to invest to it even if it is volatile in the market. Most of us are really rooting for a wider mass adoption so that bitcoin industry will grow more.

Kelvinid

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Bitcoin is Bitcoin, not FIAT money, not gold, and definitely, we can't compare it to other cryptocurrencies. It becomes unique to man and also in crypto space because of its pictured market value and that is the reason why it gains popularity. It is eye-catching to the community not only because of its price but also we are adopting it considering that this is useful to the current era.

However, it was unfortunate that people never fully understand what is Bitcoin and how it works. And I don't think that we come into realization and finally consider Bitcoin as a currency alternative to fiat because people mostly come in here just purely for investment.

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Quote from: AjithBtc on October 26, 2020, 01:04:23 PM

Bitcoin is unique, but the truth isn't understood by everyone. Now or then the importance of bitcoin will get exposed. At the very beginning people just had negative opinion over bitcoin, later things changed as people started to realize the good in it. Most important is the technology, because people started to make use of the technology and avoided bitcoin. Slowly bitcoin too is getting its importance as the uniqueness is slowly getting spread around.

Certainly agreeable. Bitcoin is very unique to man that they even strangely recognizes and do not fully understand its nature. Many are having a hard time learning and understanding how Bitcoin works and being used. That is normal to think because many are not quite interested knowing Bitcoin at first but because of certain situations that showcases Bitcoin's worth and the essential of its existence, people are slowly recognizing it now and starting to get engage into it and wanted to learn about it. Time really flies so fast that it changes people's mindset towards Bitcoin. Those who do not see its importance are now gradually learning and engaging into it.

AjithBtc

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Bitcoin is unique, but the truth isn't understood by everyone. Now or then the importance of bitcoin will get exposed. At the very beginning people just had negative opinion over bitcoin, later things changed as people started to realize the good in it. Most important is the technology, because people started to make use of the technology and avoided bitcoin. Slowly bitcoin too is getting its importance as the uniqueness is slowly getting spread around.

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Quote from: Dsdaq on October 23, 2020, 05:24:00 AM

Bitcoin is unique because of its advantage as a first decentralized currency, there are many digital and decentralized currencies that has more benefits and advantages than bitcoin. I think In the near future may see some currencies that will out place bitcoin.

Bitcoin was not unique because it was the first decentralized digital currency, i was unique because it opens the world to new possibilities, innovation and opportunities. Besides, it was unique because people trust it and the same thing happens to Ethereum which has not been in existence before LTC, Doge, Monero etc. Despite that, it still claims the #2 slot cause it the pathway to dApps/smart contract and if the altcoins you said does all the features I mention they will also have an advantage in the market.
The thrive level of crypto is measure by concept, utility, community trust and support level if not those altcoin you said would have been the number 1 crypto now.

Dorodha

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Bitcoin is actually unique to humans Bitcoin helps to vary people's lives not just transactions. There are many benefits to investing The demand for Bitcoin is increasing with the advancement of technology Decentralized demand is high. No third party organization controls this transaction process so it's impossible to work out the movement of Bitcoin transactions. this suggests that nobody can know who is sending bitcoin to whom. Bitcoin transactions are often through with complete anonymity Bitcoin is extremely helpful for the betterment of mankind.

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Quote from: Dsdaq on October 23, 2020, 05:24:00 AM

Bitcoin is unique because of its advantage as a first decentralized currency, there are many digital and decentralized currencies that has more benefits and advantages than bitcoin. I think In the near future may see some currencies that will out place bitcoin.

You could continue to think like that.

It is true that there are a lot of other cryptocurrencies out there but I don't think that they would be able to "out place" Bitcoin. Bitcoin's price might go down, but I don't think that people would just let that slip by. They would take that as an opportunity, as a chance to buy again or reinvest because a lot of people are believing to it.

Dsdaq

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Bitcoin is unique because of its advantage as a first decentralized currency, there are many digital and decentralized currencies that has more benefits and advantages than bitcoin. I think In the near future may see some currencies that will out place bitcoin.

shamimal93

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Bitcoin is not only the only digitized currency in the world, it is also one of the most popular digitized virtual currencies in the world. Yes, you are right that Bitcoin has gained so much popularity, it has become so common that even low-income people like us can buy and deposit Bitcoin. So this is a good sign. And no third party is needed to buy or sell this bitcoin. So anyone can buy and deposit bitcoin. Bitcoin is one of the most decentralized currencies in the world. That means owning Bitcoin is like having your own bank. Which we own ourselves.

oliviarobert

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Bitcoin is a digital currency of transnational origin. Its value comes primarily from being the first digital currency over which no single individual, organization or authority has control. Bitcoin has no limits, it is a network that is open and peer to peer. Which is secure and without friction. Without a third party, it enables smooth transaction and gives users a unique key known as a password. This, at the same time, makes bitcoin unique, secure, private and open.

verita1

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The first digital currency that has no human organization or authority to control. This statement is a reality and the reason why Bitcoiners have believed in Bitcoin and have given it a strong support. It is incredible Bitcoin is new compared to the most used currencies around the world and since its creation it has caused a real revolution. And as you say, Bitcoin is showing that it has a bright future.

MCobian

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I agree that Bitcoin is a digital currency that has its own uniqueness, one of which Bitcoin is not only used for trading as a digital asset,
but Bitcoin can also be used for payments. Although not many merchants accept Bitcoin payments right now. Another thing that makes
Bitcoin different from other currencies is Bitcoin decentralization, which means we are given the freedom to control our own finances, this
cannot be obtained if we save our money in the bank. But new things like this take time for all parties to accept it, therefore Bitcoin still
needs a few more years to develop and there will be mass adoption.

JuSayCo

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Absolutely it is. Its really unique and awesome that made each peoples lives now so easier and more profitable. The unique and smart ideas of the creator of Bitcoin has really gone a long way anywhere in the world and will continue to spread a wider range all throughout the humankind. I believe that nothing can stop the benefits and profits it gives to all traders and investors that keeps on trusting its value and important contributions to all modern financial management.

AniviaBtc

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Bitcoin has a lot of importance to a man and to the society.

This not only a currency, this is also a potential key to success and development in terms of economy.

That's the reason why there are people who are not still trusting bitcoin because of lack of adoption and promotion. Bitcoin can really make a man grow in terms of handling investments and businesses because it can be a good source of profit when you manipulate it properly in the market. Bitcoin is unique to a man in a way that this asset is in a digital form and is easy to store in a digital wallet.

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