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Topic: Why Bitcoin is Different From Other Currencies? - page 5. (Read 4613 times)

newbie
Activity: 182
Merit: 0
I think the main reason is because bitcoin is the first and the popularity of bitcoin also makes it different. It makes the enthusiasts become more and more and the value also becomes higher.
newbie
Activity: 28
Merit: 0
Bitcoin is subject to inflation alone due to scarcity caused by an artificial limit. Country backed currencies are subject to deflation as well.
Bitcoin is the best and top 1 of all crypto currency price. On all coin bitcoin has only stable price that give us huge amount of profit on the market.
yeahh I think so
newbie
Activity: 28
Merit: 0
The reason Bitcoin is so valuable today is that there can only be 21 Million Bitcoins within the network. After the last Bitcoin is purchased, people may begin trading in less which would make it more valuable. This value increase would be due to the limited supply of Bitcoin, matched with unlimited demand for this cryptocurrency.
member
Activity: 406
Merit: 13
Basically, it is the first crypto currency that was created and as of now, no one one can beat it. Compare to the physical currencies, it is more accessible and convenient since you can have your transactions as easy as you swipe than the traditional way. Bitcoin offers a lot of features and advantages to the people than having the other currency (although we still need them) such as no third party transactor, business and including employment. Just imagine if it is running into our government system, then it would probably help alleviate unemployment and etc.
hero member
Activity: 839
Merit: 500
Bitcoin is the currency of the Internet; a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever, there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.
newbie
Activity: 280
Merit: 0
Definite it is different from the other cryptocurrency aside from being the original digital currency, it has a price value that is far behind with the other coins. Everytime, btc is on the rise the altcoins will follow and this had benefited the impact and this triggers on it's rise. Bitcoin is the baseline in every price movement and I think if bitcoin will be gone, that would be a problem with the remaining currency to rise up.
full member
Activity: 204
Merit: 100
Bitcoin is a digital currency, it is stored and all it's transactions thanks to the internet. Bitcoins are not managed by any agency or country. bitcoin can not be created more. Bitcoin's technology is modern, high security.
newbie
Activity: 28
Merit: 0
Bitcoin is the first generation cryptocurrency, and other cryptocurrencies develop on the basis of it.
newbie
Activity: 30
Merit: 0
There are many other differences:

1) No paper is required for printing so good for environment.

2) The transactions are irreversible which is good for sellers.
newbie
Activity: 63
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.

Bitcoin is different from other currencies because bitcoin has a popularity and have a highest among other crypto currencies and it remains on the top bitcoin has a limited supply with 21,000,000 million.Bitcoin also is the first digital currencies that being invented last 2009 by satoshi nakamoto.
newbie
Activity: 76
Merit: 0
It cannot be controlled by governments and cannot be forged or copied simple as that.
newbie
Activity: 28
Merit: 0
I think that Bitcoin is very different from other currencies because it is the first currency that reaches a higher value in the world.
newbie
Activity: 168
Merit: 0
Bitcoin is different from other currency because it is have a very big proce to other currency that known as mother of all currency Smiley
newbie
Activity: 266
Merit: 0
which makes the bitcoin different from other coins is because bitcoin has its own price fluctuations unaffected by other coin prices.
newbie
Activity: 67
Merit: 0
of tow main reasons :decentralized  and the unchanged amount!
newbie
Activity: 77
Merit: 0
Many countries are starting to adapt bitcoin and treats it as an important currency and investment. This is why bitcoin is different from other currencies
full member
Activity: 350
Merit: 100
Bitcoin is the best and top 1 of all crypto currency price. On all coin bitcoin has only stable price that give us huge amount of profit on the market.
member
Activity: 350
Merit: 10
Because of its limited supply and the anonymity of each transaction. Making Bitcoin is a way more different than any other currency.
Just looking at its value making people start to think "how can a digital money have a high value than real money?"
newbie
Activity: 11
Merit: 0
The difference of bitcoin from other currencies is its safer or more secure beacause it cannot be duplicated, manipulated or forged. The governments does not control bitcoin unlike the local currency. Bitcoin transactions are registered in the blockchain unlike cash you may or may not record the transactions. All bitcoin transactions are made over the internet and is public which include your bitcoin address.
member
Activity: 420
Merit: 10
Bitcoin is the first in their age.
It different because use blockchain technology - if some government release blockchain based currency btc stop's will different
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