Topic: What Makes Bitcoin So Special? (Read 2161 times)
BItcoin is so special because of its decentralization, simplify, anonymity, security. The development of bitcoin is potential and it attract more and more investor enter .
These are the main feature that make bitcoin special than any kind of cryptocurrency. It is really potential method in the future and they will be applied in many aspect of life.
I really agree with you "bitcoin has developed to the extent that it becomes impossible to replace it with any altcoins" I believe that many of us has not read to understand the real reason why bitcoin was discovered and the ways we can get some knowledge on who it works. This thread is an eye opener on what bitcoin stand on compare to the old system we have (monetary system) . It decentralised, also has speed in transactions and transparent.
the peculiarity of bitcoin is: decentralization and anonymity of the Creator. it is a powerful tool to simplify life. but such freedom and simplification is not beneficial to everyone. and while I do not know what will happen to bitcoin in the future.
the actual decentralization is based on the fact that no one knows the creators, this is the main feature of bitcoin
I think it is the most important factor that makes me most excited about the fact that it contains great risks and therefore brings great gains. At this point, it may seem dangerous to many people, but in my view, it is very enjoyable.
In my own opinion the important things that makes bitcoin special is that the dominants of all cryptocurrency since from the beginning, that made it so called the KING of all cryptos. In addition this coin also helps improve peoples lives when manipulated succeesfully and patiently due to its high value and profitable investment scheme.
yes, bitcoin is the main cryptocurrency actor. the number of new actors who arrive does not make bitcoin lose its rays, instead they continue to follow the steps taken by bitcoin.
Thanks for your shraring.You can easily understand bitcoin as follows
Bitcoin is the first and most powerful electronic currency in the crypto market. Bitcoin is a decentralized peerless network, not an individual or an organization that controls it. Bitcoin can not be printed and their number Very limited - only 21 million bitcoins can be created.
Highlights of Bitcoin: Incredible, Anonymous, Transparent, Fast and Safe.
Highlights of Bitcoin: Incredible, Anonymous, Transparent, Fast and Safe.
Bitcoin is one of hundreds and still may be thousands of crypto currencies on the internet. Crypto currency is a digital currency that uses cryptographic technology for security that makes it unable to be falsified. The price value of cryptocurrency is purely determined by market forces, namely the requests and offers of users of this technology
Formally, it is ONE OF the cryptocurrencies that we can find on the market. In reality, it is the number one as most people take it as a leader and the most reliable crypto.
No one has been able to replace Bitcoin until now and almost all depend on him. If the price goes down then all will experience the impact done
Bitcoin is one of hundreds and still may be thousands of crypto currencies on the internet. Crypto currency is a digital currency that uses cryptographic technology for security that makes it unable to be falsified. The price value of cryptocurrency is purely determined by market forces, namely the requests and offers of users of this technology
Formally, it is ONE OF the cryptocurrencies that we can find on the market. In reality, it is the number one as most people take it as a leader and the most reliable crypto.
Bitcoin has the highest overall level of decentralization among all cryptocurrencies.
Unfortunately this's also included as one of the weaknesses of bitcoin. Because of the nature of decentralization this's what has made bitcoin vulnerable to being misused its existence, both by miners such as in China and acts of manipulation carried out by large whales (cunning speculators).
very interesting when we hear that academics from Princeton University and academics from the University of Florida have concluded that China has the potential to threaten stability, internet infrastructure, security and bitcoin development.
in the world of mining, China dominates using ASIC vendors. China controls mining hashrate, so they affect the bitcoin protocol.
in the world of mining, China dominates using ASIC vendors. China controls mining hashrate, so they affect the bitcoin protocol.
I love the idea of having the full control over our own money, doing transaction without the need of third party when sending and receiving. Bitcoin is indeed going to be the future, knowing that it has the ability secure all asset we have will attract Kore rich people and even ordinary people. The technology gives us the public code on whatvis happening with the fund, this assures us that we are away from risk and get the potential vulnerability got to solve quickly. We maximize the feature of Crypto by choosing a storage or wallet that offers what the open source technology coukd offer. Check out HODLER wallet and see how this will take the lead on one of the most trusted wallet. It is a multiwallet that offers simplicity and security all at once.
Bitcoini is a special function that makes it special because it has a usability in every subject and it is the type of payment that can be recommended and it is the fastest in transferring money and it takes place in our lives as a famous currency with its ability to make one-second transmissions from one end of the world to the other end. There are coins with features even in the sub-branches, and even these coins are growing day by day. Make your future beautiful with Bitcoin 
I agree with you. All of these factors have made bitcoin more special than any currency, along with its development and future changes. It will help people a lot in the payment. A new payment method will definitely make a difference and attract a lot of attention and acceptance from everyone.
Bitcoin will always be special because Bitcoin is the first digital currency and also has a very large market share at this time. So it's not unusual that Bitcoin's popularity is very high. Many people have realized that Bitcoin is a driver for the development of crypto at this time. Maybe we will get a different situation when Bitcoin doesn't exist, but Bitcoin has changed everything and is now a big part of the cryptocurrency system in the world.
In my opinion, one thing that makes Bitcoin so special is its price. Maybe for those who have known Bitcoin for a long time, they will not be surprised by the price of Bitcoin that can reach $ 20,000, but for those who are new to Bitcoin, hearing the price of Bitcoin must be surprised and surprised. Bitcoin does have a lot of features, but in my opinion that's the reason why Bitcoin is so special.
I will pick on one of the characteristics of bitcoin which you mentioned and have played out since the beginning of the year and that is anti-fragility. Bitcoin exhibited this trait and have remain relevant despite the massive attack on it from the government and her agents since the year 2018. It is a very important character of bitcoin and bitcoin will still maintain its leadership role among the cryptocurrencies both in volume and market share price.
For me, Bitcoin is so special in the fact that it is limited which is twenty one million only and so the price of it will be surely soar. Its special because its decentralized which gives each of everyone that using it the freedom and the convenience for all of us.
Maybe I can say what's special in bitcoin I'm just not sure if it's the right term I'll use to say it's all because decentralized system. But no matter what his specialty is, it has a very good system in which any high-ranking government agency can not cover it. And that's a unique system and you're really excited because privacy and anonymity are talking about bitcoin, with that business you can also have savings in the future.
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