Why Bitcoin an exceptional figure among other coins

Agbe

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.
Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Op from you explanation, I will like to ask you a very simple question. Why bitcoin price is not stable? If you can tell us this then I will know that you have the background knowledge of bitcoin. The question I asked will tell you more on the thread. Whether bitcoin is not controlled by any. When I was newbie, I also asked this question physically and they told me the reasons. And since friends have told me, I didn't bother asking it in the forum. But flow along with other people to discuss whenever this question is asked.

Findingnemo

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.
Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Bitcoin will never been under control and in the future as well.

But it affected by many other factors, highly manipulated but still strong enough to survive all these and standing out from all those clones created after bitcoin with different name, etc.

Bitcointalk is a community where we can see discussion about lot other things apart from bitcoin and don't forget we have altcoin boards as well so this community played a huge role for all those years and hope it will continue as same.

alastantiger

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.

It seems you have done your research well. Welcome. Bitcoin has surpassed the expectation of many people even bitcoin enthusiast. With all the attacks it has received nobody expected it would come back stronger and see more adoption and possible support from US congress men and women.

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Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Bitcointalk always tops the list of any cryptocurrency forum or community that is mentioned on the internet. I read though the time the forum experienced security breeches in the early days but here it is still has as strong and secured as bitcoin is. Every user is playing their own role to make the community better. We hope you would too. Thanks.

Daniel91

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OP, welcome to the forum. Yes, this is still the most popular bitcoin forum where you can learn a lot.
Bitcoin is not under the control of any government or central body or organization, that's true, but you're forgetting something else.
In almost all countries you have to declare your earnings in crypto and pay tax.
Crypto firms must also follow the legal regulations of the countries in which they operate.
Your government may not be able to control bitcoin but it has ways to control you and your income Cheesy

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Quote from: GeorgeJohn on June 13, 2023, 04:55:48 PM

The reason while bitcoin is different or exceptional to others cryptocurrency is that Bitcoin is father of all cryptocurrency and it has a reputation, that's while it's very difficult before you can see a coin that's higher and have more potentials than bitcoin, so I believe that i will not say that altcoins can overtake bitcoin in future, because without increment of bitcoin other altcoins will not have positive ways, so therefore I believe that bitcoin is master of all cryptocurrencies

Sometimes I am surprised how some people have a wrong understanding of the entire crypto industry. Reading what the OP says, it would not be strange if he thinks that Bitcoin was created based on the idea of the Shiba token.

hatshepsut93

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Bitcoin isn't just the most decentralized, it's also the most secure, the most well-tested, it has the best development team and the most adoption. All the other coins can't compete with it, because they are just cashgrabs created for dumping premined supply on the market. It's stupid to even compare Bitcoin with other coins, that's how different they are.

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.
Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

The reason while bitcoin is different or exceptional to others cryptocurrency is that Bitcoin is father of all cryptocurrency and it has a reputation, that's while it's very difficult before you can see a coin that's higher and have more potentials than bitcoin, so I believe that i will not say that altcoins can overtake bitcoin in future, because without increment of bitcoin other altcoins will not have positive ways, so therefore I believe that bitcoin is master of all cryptocurrencies

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Quote from: CryptopreneurBrainboss on June 13, 2023, 03:41:16 PM

I won't say the most resourceful but one of the best and because of the community like nature of the forum, it's easier to learn here than most other forums, website or social platforms that has crypto contents. On those other platforms, they get to sell you something while teaching you what you browse to learn and when you're just new to the industry, you can easily be distracted or misinformation. On the forum you can be assured of getting 100% authentic answers to whatever you seek to know and when the answers aren't correct, you'll get better response from others that'll reply to the thread.

For every discussion and quality topic raised, you will always find out that there are tons of pages of replies and responses to this discussion and although some of them may shit posts, if you really read through a discussion, you will discover some reasonable and brilliant replies that you can learn from.

As you will discover that there are less pictures on the forum as compared to some other forums, you will get less easily distracted here reading and trying to learn, than some other forums.

CryptopreneurBrainboss

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

I won't say the most resourceful but one of the best and because of the community like nature of the forum, it's easier to learn here than most other forums, website or social platforms that has crypto contents. On those other platforms, they get to sell you something while teaching you what you browse to learn and when you're just new to the industry, you can easily be distracted or misinformation. On the forum you can be assured of getting 100% authentic answers to whatever you seek to know and when the answers aren't correct, you'll get better response from others that'll reply to the thread.

In answer to Bitcoin been different from other cryptocurency, the difference is just clear. Bitcoin was the first successful cryptocurency to be created and has keep its integrity of been decentralized, the new guys coming into the market are just full of flaws and it's disappointing because you would had thought they'll be better than the first since they should learn from its shortcomings and better their creations but that's totally opposite of what's happening. This goes to show the true motives behind the inventions of this other cryptocurency, they just want to enriched themselves (speaking about the founders).

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.

That's right, no central power controls the bitcoin network but in terms of its market share. Manipulative media is there to spread fear to those that can't take the market.

Thus, the makes people think that even Bitcoin is a decentralized cryptocurrency but being an asset and tradable store of value, there can be factors that it can move the price towards to the likes of those that has a bigger market share.

Quote from: Why2why on June 12, 2023, 04:33:27 AM

Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Bitcointalk is historical and satoshi was once here and that's why this place has a special place to everyone's heart. And today, there are also other source of information but we can't deny the fact that it all started here. So the scattered info from place to place and website to website, most of those resources came from here.

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Quite confusing. Even not forum, reddit and twitter are also great hub for discussion regarding crypto. But if you are focusing on bitcoin then here is the place and has dedicated users to discuss among the topic. But also there are other crypto discuss here but the main focus is all about bitcoin of course.

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.

The decentralized system of bitcoin has made it what it is today among other cryptocurrencies, and it is primarily the only one that is recommended to keep. Every other coin on the market is controlled and can be modified at any time by the founders or central authority. Bitcoin's price cannot be altered or tampered with because it uses proof of work which is based exclusively on crypto mining.

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Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

The forum is incredibly broad and a great place to learn about bitcoin, but it also has rules that must be followed. The guidelines that guide them are what distinguishes them from other crypto forums that are unregulated and poorly organized.

drwhobox

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Op you are title and post is misleading, I clicked on the title to learn about why bitcoin is exceptional among other coins or other currency but instead we get something that not explained why bitcoin is exceptional.

By the way, welcome to the forum and please write something inside your post that relates to the title from next time.

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Quote from: Dunamisx on June 12, 2023, 06:21:49 AM

Just a little correction on this statement, bitcoin is not the most decentralized digital currency in cryptocurrency, but rather the only decentralized digital currency in cryptocurrency, other coins are alts and have their own mining through the use of PoS and you know what that means, you can read better on PoS.

All alts do not use PoS and their level of centralization (or decentralization) varies wildly. Monero is one that comes to mind that uses a version of PoW and has high levels of decentralization and privacy.
On the most part they are shitcoins which are heavily centralized, but to different degrees.

Ojima-ojo

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First let me join other noble forum members to welcome yohnto the forum i believe all the while you may have gone thrkugh the forum rules and regulations and have aquinete yourself with them, and also onnyou sand on bitcoin decentralized status, i will you to not that bitcoin is also the only truly decentralized coin we have in the market today since bitcoin have a static calculating supplies amd also a proof of work that make the mining of bitcoin decentralized this is the driving fkrce behind bitcoin sustainable progress till dste without any interference.

Also be careful with altcoins as majority of them are just gamble and should not be taken serious to avoid you sliding into loses as fast as possible.

Hyphen(-)

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.

In contrary to altcoins, which have teams behind the initiative that manage the entire project, the Bitcoin network is transparent and entirely decentralized, involving no third parties and is not controlled by any team. That is why some altcoins crash due to misunderstandings among team members.

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Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Unlike other forums, the Bitcointalk forum is user-friendly and is always willing to assist anyone who require assistance with their Bitcoin knowledge and contributions. That is why so many people come here for advice on how to proceed with their Bitcoin journey.

letteredhub

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Quote from: Dunamisx on June 12, 2023, 06:21:49 AM

Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency

Just a little correction on this statement, bitcoin is not the most decentralized digital currency in cryptocurrency, but rather the only decentralized digital currency in cryptocurrency, other coins are alts and have their own mining through the use of PoS and you know what that means, you can read better on PoS.

Quote from: Why2why on June 12, 2023, 04:33:27 AM

and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.

This is one of the reasons why bitcoin is decentralized, there's no room for price manipulations, decision or any central authorities sitting on discussion about the market value and price for bitcoin taking decision.

Quote from: Why2why on June 12, 2023, 04:33:27 AM

Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums

This forum is designed mainly for bitcoin discussion, other cryptocurrencies were considered to make it worth broadened enough and this platform is preferred than any other because it is well moderated unlike the other ones.

@OP if you're much interested to read and know all about PoS and PoW as @Dunamisx said. Then these threads may be useful:
[Megathread] The long-known PoW vs. PoS debate
https://bitcointalksearch.org/topic/m.59378540
Proof of Work explained (by bitmover)
https://bitcointalksearch.org/topic/summary-of-proof-of-work-3317586

Dunamisx

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency

Just a little correction on this statement, bitcoin is not the most decentralized digital currency in cryptocurrency, but rather the only decentralized digital currency in cryptocurrency, other coins are alts and have their own mining through the use of PoS and you know what that means, you can read better on PoS.

Quote from: Why2why on June 12, 2023, 04:33:27 AM

and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.

This is one of the reasons why bitcoin is decentralized, there's no room for price manipulations, decision or any central authorities sitting on discussion about the market value and price for bitcoin taking decision.

Quote from: Why2why on June 12, 2023, 04:33:27 AM

Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums

This forum is designed mainly for bitcoin discussion, other cryptocurrencies were considered to make it worth broadened enough and this platform is preferred than any other because it is well moderated unlike the other ones.

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.
Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

I can feel you are excited about joining the forum so you just expressed your views about Bitcoin and the forum. I am glad you joined the forum and if you intend to learn about bitcoin and contribute to the forum you will find here very interesting. Now you need to invest your time to learn about bitcoin and the forum. Even without logging in you can read materials in the forum and it will help you to identify your area of interest.

Now if you want to be a fruitful member of the form read the rules. This forum is guided by rules and you can find them in almost all the sections of the forum. Most of them are pinned at the top of each section. Read these rules and apply them accordingly. Avoid plagiarism, fraud, spamming, and others. You are welcome.

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Quote from: Why2why on June 12, 2023, 04:33:27 AM

Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.
Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Welcome to the forum as I can see that this is your second post,and you registered on April fool day. Was it the April fool stuff that scared you from the forum PR you have been busy reading and not posting...Whatever
Let me also add more to what you said above,bitcoin is highly volatile and is limited in supply of only 21million. It is the most valuable assets presently in both physical and digital assets. All other cryptocurrency was duplicated from it and depends on bitcoin price for their own price. It use P2P payment method and goes far beyond boarders without a third party. The halving makes it more unique and seen as a store of value because it is inflation resistance and has no censorship. Bitcoin as they say is the future gold.

Why2why

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Bitcoin and bitcointalk are different from others because Bitcoin as a cryptocurrency is the most decentralized cryptocurrency and also since 2009 till date Bitcoin has not been under any control be it by individuals or governments thereby making Bitcoin a free market for all.
Also, bitcointalk is the most resourceful forum among all the other cryptocurrency forums and this peculiarity and success is ascribed to the forum association with bitcoin which also is the most successful coin among other cryptocurrencies.

Topic: Why Bitcoin an exceptional figure among other coins (Read 322 times)