What Makes Bitcoin So Special? - page 5.

Janation

hero member

Activity: 1722

Merit: 528

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.

royalfestus

hero member

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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.

zubrr51

member

Activity: 294

Merit: 11

In Bitcoin, everything is specific from beginning to end. Especially if you compare it with long-existing financial instruments.

kvipcn

member

Activity: 255

Merit: 12

I don't really see bitcoin as been so special. The features of the bitcoin ecosystem does not make it special, it shows a different way the world financial system can be adapted towards. Bitcoin platform just shows the unique nature at which digital currency transforms the financial ecosystem of the world.

Rituvohra01

newbie

Activity: 79

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I think bitcoin is so special due to decentralized nature. It is a special coin amongest the all coin in cryptocurrency due to its potential and it is the first coin, no other coin can beat it.

fernadies

newbie

Activity: 112

Merit: 0

As long as you still believe in bitcoin, it will never let you down from my point of view, the reason make bitcoin so special is because bitcoin is a profitable investment. It is easy to see that bitcoin can bring unstoppable profit for bitcoiners

Balambgarden

newbie

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Is the value of Bitcoin not? Or I think it could be the secret of Bitcoin for those who own it.

DisWhale

jr. member

Activity: 336

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Improve your mode of payment with crypto

Bitcoin is very special because it is the first and most successful cryptocurrency of our time. It has got the largest market cap, thus occupies more than 80% of the total crypto investor population. Due to its limited supply, the gradual increase in demand will cause a gradual increase in its value on the market.

marjon

member

Activity: 350

Merit: 10

Bitcoin is special because it plays medium in all Cryptocurrency, meaning most cryptos prices and development relying on Bitcoin. Another function that makes Bitcoin a So Special is that Bitcoin can be used as a storage place for assets that can be an investment in the future, but this requires expertise and experience to make Bitcoin special.

knggtrrz

newbie

Activity: 118

Merit: 0

Quote from: zwiggel on October 12, 2018, 06:59:07 PM

I think the thing that makes that particular bitcoin is its security. The bitcoin market is expanding around the world. There are millions of transactions in the market but bitcoin still ensures the safety of investors. So bitcoin has created great confidence for investors. Moreover, bitcoin is the world's first electronic currency. It has the attention and support of many major economies in the world.

And aside from the security it gives I think the reason why bitcoin is special because it give us the potential of gaining more profit just by investing and trading of it.

cammie16

full member

Activity: 462

Merit: 100

BitHostCoin.io

Quote from: entebah on October 12, 2018, 07:23:17 PM

I think all members in this forum say the truth about why bitcoin is so special, it's so cool. I personally look more at privileges that Bitcoin can change the life of someone who was poor to become rich. what makes it special from bitcoin is the extraordinary price in the world of investment this century, from what has not been acknowledged to date many countries around the world have adopted Bitcoin as a legitimate medium of exchange.

Even if bitcoin prices drops drastically, for us bitcoin is still special and will still continue to give us more profit in the near future. This is the main reason why so many people are keep holding it now.

entebah

full member

Activity: 1489

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I think all members in this forum say the truth about why bitcoin is so special, it's so cool. I personally look more at privileges that Bitcoin can change the life of someone who was poor to become rich. what makes it special from bitcoin is the extraordinary price in the world of investment this century, from what has not been acknowledged to date many countries around the world have adopted Bitcoin as a legitimate medium of exchange.

zwiggel

sr. member

Activity: 672

Merit: 250

I think the thing that makes that particular bitcoin is its security. The bitcoin market is expanding around the world. There are millions of transactions in the market but bitcoin still ensures the safety of investors. So bitcoin has created great confidence for investors. Moreover, bitcoin is the world's first electronic currency. It has the attention and support of many major economies in the world.

kodtycoon

legendary

Activity: 1568

Merit: 1002

There are many factors that make bitcoin more special, but the simplest thing about bitcoin is the first coin to be released then bitcoin has become the world's top cryptocurrency, and again bitcoin can be used in many online stores that do provide cryptocurrency payments, we cannot claim if bitcoin has fast transactions and cheap fees, because there are many other alt-coins that have these features that have lower fees than bitcoin, and also faster transactions. But crypto's usefulness and privileges are still the same, namely being able to transact quickly to the whole world without having to wait for confirmation from many parties.

Crungcrungtin

newbie

Activity: 52

Merit: 0

Bitcoin is peer to peer decentralized currency that anyone can manage their money without the central bank. Means you can withdraw and deposit you money, buys things and other stuff without the permission of the bank or any credit card that can use. In bank if you deposit you money, your money that you deposit will be decreased because of tax. In bitcoin, if you deposit there's a fee only. But your bitcoin will not decreased because central bank are not priorities the bitcoin as currency and anyone can send and transfer their money to other without any hassle . with the bitcoin is so special, any people will use this.

cybersofts

copper member

Activity: 658

Merit: 284

To be brief; I think the major things that make bitcoin special are; the bitcoin is fully decentralized, fast, secure, and cheaper transaction compared to traditional banks. the bitcoin transaction is instant and has no borders or boundaries, it is global and yet acceptable worldwide.

Soots

sr. member

Activity: 1050

Merit: 251

Quote from: nidacoinlove on October 12, 2018, 03:19:46 PM

Quote from: lelylely on October 12, 2018, 02:40:58 PM

Bitcoin is very special because bitcoin like assets and bitcoin makes it easy for us to manage finances. Bitcoin is also the first in crypto and is the highest coin in the market. Bitcoin is the strongest and will survive in the long run.

The most attractive feature of Bitcoin is that no one needs any third party involvement in payments. Not only domestic payment but international payments could easily be done in moment without any letter of credit. Bitcoin has made the world a global village in real sense. Slowly and gradually we will witness corporate payments in crypto.

Bitcoin's transaction is a better involvement when it comes to fast service towards blockchain technology. The special about this was due to positive impact on trading and spending needs for everybody. No hassle payment system is doing great and as per feedback from bitcoin users, most of them were having 100% satisfaction.

Zeque02

member

Activity: 490

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Platform for Cross Chain Fundraising

Bitcoin is special because of its usefulness both gaining profit and payment transactions. Talking about gaining profit, if you join such bounty campaign then you can gain profit and investing bitcoin in a a long term is also good because of its value which is unstable. You can also pay and send money through the use of bitcoin that is why it is very special.

kokliko

member

Activity: 122

Merit: 10

Quote from: nidacoinlove on October 12, 2018, 03:19:46 PM

Quote from: lelylely on October 12, 2018, 02:40:58 PM

Bitcoin is very special because bitcoin like assets and bitcoin makes it easy for us to manage finances. Bitcoin is also the first in crypto and is the highest coin in the market. Bitcoin is the strongest and will survive in the long run.

The most attractive feature of Bitcoin is that no one needs any third party involvement in payments. Not only domestic payment but international payments could easily be done in moment without any letter of credit. Bitcoin has made the world a global village in real sense. Slowly and gradually we will witness corporate payments in crypto.

In my opinion, Bitcoin is attractive because of its value. Over years, we can not imagine how valuable Bitcoin value may be. Bitcoin increases each year, and the number of people who know Bitcoin increases.

nidacoinlove

sr. member

Activity: 588

Merit: 254

Quote from: lelylely on October 12, 2018, 02:40:58 PM

Bitcoin is very special because bitcoin like assets and bitcoin makes it easy for us to manage finances. Bitcoin is also the first in crypto and is the highest coin in the market. Bitcoin is the strongest and will survive in the long run.

The most attractive feature of Bitcoin is that no one needs any third party involvement in payments. Not only domestic payment but international payments could easily be done in moment without any letter of credit. Bitcoin has made the world a global village in real sense. Slowly and gradually we will witness corporate payments in crypto.

Topic: What Makes Bitcoin So Special? - page 5. (Read 2187 times)