What Makes Bitcoin So Special? - page 4.

OSYA

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Quote from: merclyn on September 16, 2018, 06:27:34 AM

This is my new article, I am posting it here for discussion, thx for your comments. original article medium link is https://medium.com/@paul.fabozzi/what-makes-bitcoin-so-special-6734b54f689

Great thoughts shared in your article.

To me, the uniqueness of a bitcoin lays in a technological novelty and pioneering, the privacy of the transactions and independence. These I think are the main features that attract people in bitcoin. The decenralization is a key of a human interest in crypto.

deppil

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Quote from: Gargo on October 13, 2018, 07:19:02 PM

There is no doubt that the most important advantage of Bitcoin is the decentralized system, the second is anonymity, and the third is the transfer speed regardless of the distance.

Paypal can be better in transaction speed and fees. if bitcoin transaction requires expensive fees to be able to get confirmation quickly,
this problem will be a big problem if bitcoin is increasingly expensive and more users are in the networked.

Gargo

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There is no doubt that the most important advantage of Bitcoin is the decentralized system, the second is anonymity, and the third is the transfer speed regardless of the distance.

market-beta

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because bitcoin can we use as a currency such as paper currency for transactions in certain countries. and bitcoin has a better future than other crypto bro.

kaizerblitz

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Yes i agree that all you said is true bitcoin is a special it is the future of all it shows how will the flow of the money in the future the fastest and the safest method of transferring and processing of money transaction that would easy because of blockchain network of bitcoin.

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Quote from: Okrah on October 02, 2018, 04:50:56 AM

Quote from: muhammedb on September 16, 2018, 09:25:25 AM

I think bitcoin is special because it is control and manage by yourself no third party need to tell you how you should run your investment that is why is called a decentralized platform, secondly bitcoin is the most special coin among other coins in cryptocurrency because of it potential and the row it playing as the first crytpocurrency coin in blockchain technology which make him the king among other coins.

You are correct. I too, believe that bitcoin is special since it is the first crypto currency created. It marks and it is rooted in the heart of every crypto investor.

the one and only thing that make bitcoin special is price of bitcoin, many people interest with bitcoin because price of bitcoin
i think when bitcoin just reach $10 many people come out from there

Itcher

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To your these qualities can still add a factor of time. After all, when the system does not have a trusted person, it can earn trust only after a certain time.

MixFresh666

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The main feature of bitcoin is that using It, there is no need to trust anyone: if your client reports the balance of his account or data on payments made, the truth of his words can always confirm the blockchain. When PayPal tells you this information, you have to trust the PayPal accounting systems, and believe that The company is not going to freeze your accounts, deny you withdrawals or even declare its own bankruptcy.

detector

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★

It can act as currency and investment unlike fiat.
It's also provide cheaper transaction fee when transferring around the world.

Yes, bitcoin is revolutionary currency that exist in this digital era !

snaper14

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bitcoin is so special because of its really good technology and the most powerful reason is that people can make money or at least have their own job without the limit of time.

rtm125

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I agree with you that bitcoin simply cannot be replaced. For 10 years, a variety of projects and altcoins have been created, but bitcoin still continues to be a leader. And it is unlikely to change ever.

Elerntta

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Bitcoin is unique not only among all the usual national currencies, but also among all cryptocurrencies. I do not know any coin that would be comparable to bitcoin in terms of trust. He's really special.

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Quote from: yeezycheezy on October 13, 2018, 04:01:25 AM

because of their values and Name coz bitcoin is one of the popular and top coins in crypto currencies

I think it's really cheap answer which have no value. I think you need to read this post clearly also make a simple research about bitcoin features and advantages of bitcoin. google this and it will help you.thanks

Cryptogid

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Bitcoin is special simply because of it's numerous features,you can use bitcoin to buy airtime, data,exchange it with fiat,in almost all the countries where cryptocurrency is known..

KenChanYu

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Quote from: Janation on October 13, 2018, 02:14:34 AM

Quote from: royalfestus on October 13, 2018, 02:10:25 AM

Over the years the coin as built a formidable governing structure and has the largest community, This has influenced a regular development process as mentioned in OP. The limited supply also made the demand always stiff.

It is limited and then it is reduced by a lot of user that lost a lot of Bitcoins at it's early stage.

With that, the supply is decreased, the demand will be getting an increase since the law of demand and supply says the higher the demand, the lower the supply. If you will be thinking about it, Bitcoin is not really special but it is really expensive.

We acknowledge bitcoin's expensivity based by its demand rate. The constitution of its development was promisingly incridible, which it called a special asset in all currencies. The more we invest bitcoin, the merrier demand it grows. This is how we must deal bitcoin in order to gain the great thrives as well.

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because of their values and Name coz bitcoin is one of the popular and top coins in crypto currencies

Danilotot

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I think so very special bitcoin in crypto is because it's the first coin to enter cryptocurrency and this is what I base coins on when it comes to volume and market price, so that's why it's a bitcoin really special.

mr.bean865

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bitcoin is a whole new type of digital currency which was never come into market. People like it because it is completely anonymous and dislike it because of sudden loss or profit in many cases.

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Quote from: muhammedb on September 16, 2018, 09:25:25 AM

I think bitcoin is special because it is control and manage by yourself no third party need to tell you how you should run your investment that is why is called a decentralized platform, secondly bitcoin is the most special coin among other coins in cryptocurrency because of it potential and the row it playing as the first crytpocurrency coin in blockchain technology which make him the king among other coins.

Well, I agree with you, you can also send bigger amounts of money by paying a small amount of transfer fees.

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