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Topic: Why Bitcoin is Different From Other Currencies? - page 23. (Read 4610 times)

jr. member
Activity: 238
Merit: 1
Dont compare btc against fiat money . btc price always ups and down but fiat always stable not too much ups down thats why btc different other Currencies
newbie
Activity: 115
Merit: 0
Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.

Yes its very different compare to other currencies, bitcoin is in digital currency you can never fake this kind of currency unlike the other what we are usually used is through printing many people can fake that kind of currency.
jr. member
Activity: 252
Merit: 1
BTC is the first and most widely used cryptocurrency type. BITCOIN is unique because it is not forged or duplicated. One of the most obvious differences is that Btc is not controlled by anyone, any government.
newbie
Activity: 280
Merit: 0
I think why bitcoin is different form the other coins is that bitcoin is the 1st and original cryptocurrency that had ever achieved the highest value ever happen in the history of cryptocurrency reaching as high as nearly $20K USD last Q4 of 2017. Every altcoins were mostly dependent of the bitcoin market where it is the baseline duirng there is dip and increase in the price value.
sr. member
Activity: 1652
Merit: 262
I can say: this bitcoin is not a currency. because there is no significant effect of bitcoin prices on the price of basic ingredients as well as economic sustainability. bitcoin determines its own value and has no effect on inflation as well as deflation. bitcoin can be called a digital asset.
jr. member
Activity: 238
Merit: 1
Bitcoin is different from other cryptocurrencies because bitcoin was the first cryptocurrency, that's why bitcoin becomes more popular,  bitcoin also is the most sure investment when it comes to cryptocurrency, and also one of the main features that significantly distinguishes bitcoin among other cryptocurrencies is because it has high vote of confidence.
hero member
Activity: 2590
Merit: 644
Bitcoin is the original cryptocurrency because it is the very first cryptocurrency in the market and all of the other cryptocurrencies that you might see in the internet is just a copy of bitcoin's idea to make a digital money that could solve almost all the common problems that we are facing right now and that originality makes bitcoin different compare to others.
newbie
Activity: 28
Merit: 0
Although there are some differences between Bitcoin and other cryptocurrencies about blocktime, algorithm, etc, Bitcoin is foundation for creating other virtual currencies.
YED
full member
Activity: 209
Merit: 100
Bitcoin is different in many ways from the normal currency that we’ve been accustomed to, but it is quite essential for our world to technologically advance in a progressive manner..It  is different from a Fiat Currency in numerous ways:
Bitcoin has no central authority, unlike other currencies which are backed by the government.
Bitcoin transactions are immutable, whereas the majority of digital records can be duplicated.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
Bitcoin is also cannot duplicate by the others currencies, and it is also the only one digital coin that has a valuable price. Like what you've said, Bitcoin is made and running by the computer, so it will never end or die.
full member
Activity: 378
Merit: 100
Electronic currency, such as bitcoin, differs significantly from other methods of electronic payments and from cash resources by the availability and breadth of distribution, the simplicity and openness of all settlement transactions.


Bitcoin is different from other currencies because bitcoin is the best cryptocurrency and we all know that bitcoin popularity is more good rather than the other currencies and bitcoin price can be more high than the other crypto.
member
Activity: 253
Merit: 10
Gamblica Token Sale launch 01.03.2018!
Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
Bitcoin will last a very long time while the system needs in his. I think that this will not last forever because technologies change
full member
Activity: 384
Merit: 106
Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.
Bitcoin in fact was literally different from the other existing currencies because of its form which is on digital form which makes it a lot more easy to use but also a little bit hard to earn if you will just be sticking into one way of obtaining it. Unlike the other existing currencies, Bitcoin was apart from the government that makes it dencentralized that no one gradually manipulates it and allow only thr main user to access his own coins with the help of its transparency features that let its users to intentionally see and monitor the changes from their original holdings. Bitcoin was bit that different from other cryptocurrencies because it can be easily used for global transactions in which it goes beyond boundaries since it was a currency of its own, it does not to be converted into the regular currency before you can receive it. It is also widely flexible because it can be exchanged into different existing currency value because it do have its own price value in different currency.
P60
full member
Activity: 378
Merit: 100
Decentralized Digital Billboards
Since then, Bitcoin is really different from other currencies. If you will have a comparisons about their value, you could see tgat bitcoin is the most valuable one, hence, it became the factor why Bitcoin is different from others.
newbie
Activity: 140
Merit: 0
bitcoin is an intense cash that I know and unique in relation to paper or metal monetary standards, with the estimation of bitcoin that is never steady and not subject to swelling, its esteem is likewise restricted in the entire world is accessible just 21 million, making the cost of bitcoin took off ascending in value, which has no physical shape like cash in a nation an unknown bitcoin that must be utilized over the web arrange. furthermore, acquired through mining with PC innovation hardware Smiley
full member
Activity: 378
Merit: 100
When Football meets Crypto
Bitcoin is a digital currency that was created by Satoshi Nakamoto in 2009.It is created electronically and impossible to control it.This currency are not printed currency like dollars or euros.Running computer all around the world are producing it.Owing to this reason they are different from other currencies.

You are right about the wikipedia definition but in my own opinion, the reason why bitcoin is the highest priced cryptocurrency is because it was the first coin that has been created and the altcoins values that are being created are all based on bitcoins price.
member
Activity: 322
Merit: 10
Bitcoin is different from otuer currencies because it is a crypto or a digital currency.Unike fiat bitcoin has a huge value and it is good for a lomg term investment.Although bitcoin price is volatile many people are still investing because they believe that bitcoin is the key to their success including me as well,I really believe in bitcoin because I already habe a friend that is now very rich because of bitcoin so I am workimg hard to earn more money to invest in bitcoin in order for me to get rich as well.
hero member
Activity: 2002
Merit: 535
What makes bitcoin different from other crypto currency? I think bitcoin is already a legend, almost like Yuri Gagarin.
Bitcoin opened our way to an amazing crypto world, in which already more than 1,500 altcoins.
This is the truth and the main difference,bitcoin opened the world of cryptocurrency and each and every coin in the market is simply because it showed them the way of a decentralized economy ,there might be other coins with faster transaction and low fees but it cannot bitcoin because of its popularity it gained in a short period of time.
member
Activity: 395
Merit: 10
It has a completely different concept, it is a currency that is designed not just to support our financial world, but to completely change it, to make it much more convenient, faster and safer.
newbie
Activity: 5
Merit: 0
It is not totally different, their price only is much expensive compare to the other crypto currencies. Actually bitcoin was started also at a low price but due to supports of many investors they survive until they reach their position now in the market.
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