Why is bitcoin unique? - page 2. | Bitcointalksearch.org

uchegod-21

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BTC, a coin of today and tomorrow.

Quote from: Godlovesyou on March 01, 2023, 04:59:10 PM

BTC is unique because it makes it easy for new wave of currency exchange, it blockchain has a unique wallet address, is not easily comprises to hackers or scammers, it benches on volume of communities members, it's God fatherism to other altcoins. Is transaction made easy and key or password individuals oriented. Bitcoin trades in a every sphere of market.

I don't just understand what you type and the choice of words as God fatherism to altcoins and other bla.
Take bitcoin is unique because

It is the only truly decentralized cryptocurrency
Because it is the largest in volume and in adoption
Secured network due to the use of the reliable PoW system
Because it is durable. Bitcoin has actually witnessed the birth and death of many altcoins

qwertyup23

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Quote from: Accardo on June 16, 2023, 06:21:56 PM

Bitcoin is unique because it's filled with surprises. The technology get everybody talking including the government. Bitcoin solves different kind of problem for people, provides jobs, stores and transmit data. It opened a door for people that don't trust the bank and they have never been a breakdown of the network. It's a masterpiece. Every transaction is recorded in a ledger without the need of third-parties. Lots of things happening around the existence of bitcoin shows that it's a surprise package to the world.

I definitely agree with your statement- what makes BTC unique is that it frees people from their transaction. This is also the reason on why others call it "financial freedom" where people can freely transfer products from anyone without any restrictions.

The problem with the modern world is that institutions and third-party programs always interfere with it. For example, you cannot freely transfer cash from one account to another since it has go through the screening process in order to prevent fraud. Though this kind of reason is acceptable, sometimes, government interference becomes too much to the point that it makes it restrictive.

This is the reason on why Satoshi envisioned BTC to be financial freedom- where everything is transparent and reflected in a public ledger (which can be accessed by anyone).

Dr.Bitcoin_Strange

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When Bitcoiners are asked this question, I think everyone should have one special thing to say, although @Snadra_hakeem rounded it up in a Nute shell. But come on, for me, Bitcoin is unique because it's the only crypto that has made many people millionaires yet has never collapsed. Why I said this is because most altcoins have had their all-time low at their very early stages, but at some point, for many people that purchase the coin during the ATL, if they are lucky and the token price gets pumped and they make their first millions, there is a high chance that the coin will not get pumped again. I have tracked a lot of altcoin's price history, of which, since their first ATH, the price has gone to the bottom and has been so for more than 3, 4, and 6 years, respectively. After seeing the price history of those coins and looking at Bitcoin price history, the price of Bitcoin always turns out with a new ATH during some bull run, and that is what almost all altcoins have not been doing. Altcoins get pumped and dumped, and that's the end of it. In the next season, they get replaced with other new altcoins, but Bitcoin is static.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Mr.right85

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Bitcoin happens to be a coin that was built without any selfish interest. As much as this inst verifiable but, all facts points to it not have been the case, the creator in Satoshi Nakamoto, didn't keep aside for himself some coins other than the once Satoshi Nakamoto must have mined in the days the creator was still active.

To this day, it remains a new perfect creation with very little modifications. Yeah, it has its short comings in terms of volatility, confirmation time and its not accessible without network but, other coins out there share some of these attributes and if they have enjoyed much time as bitcoin has or were any good, they could have as well swelled the cryptospace but no.

Non have been able to come close but instead, watch from a distance. Bitcoin is happening.

Accardo

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Bitcoin is unique because it's filled with surprises. The technology get everybody talking including the government. Bitcoin solves different kind of problem for people, provides jobs, stores and transmit data. It opened a door for people that don't trust the bank and they have never been a breakdown of the network. It's a masterpiece. Every transaction is recorded in a ledger without the need of third-parties. Lots of things happening around the existence of bitcoin shows that it's a surprise package to the world.

Bushdark

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Quote from: Zorigi on March 01, 2023, 10:08:41 PM

In my opinion, Bitcoin is unique because bitcoin cannot be touched, it can only be seen on cellphones, computers and so on.
but bitcoin many believe in its existence and many have proven successful investing in bitcoin.
so bitcoin is a unique digital money.

Bitcoin is unique itself and is the only number cryptocurrency project in the market. There is lot of value holding Bitcoin and those who know this are always making sure they keep holding it so that they will earn more from the market. The existence of Bitcoin had bring about so many cryptocurrency projects to the market making the cryptocurrency market to increase in value and market cap.

Quote from: cryptoaddictchie on March 02, 2023, 01:27:15 AM

Quote from: Godlovesyou on March 01, 2023, 04:59:10 PM

BTC is unique because it makes it easy for new wave of currency exchange, it blockchain has a unique wallet address, is not easily comprises to hackers or scammers, it benches on volume of communities members, it's God fatherism to other altcoins. Is transaction made easy and key or password individuals oriented. Bitcoin trades in a every sphere of market.

These features can be prsent too on other altcoin projects and even more advanced. But the only thing that segregate bitcoin to others are the word "decentralized" its the only one proven that can be govern since no one owns it and Satoshi gave that freedom to everyone to use of it. No CEO, no private sales, and whales but early users and buyers are the one considered whales of them but its not due to investment approach but use case of bitcoin instead.

Bitcoin is a decentralized coin just like we have other altcoins that are built to be decentralized like Bitcoin. The market is having consistent adoption and this had been making more people to come into the Crypto market and get some holdings that will make them make there own profits likewise.

YUriy1991

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Quote from: Smartvirus on March 01, 2023, 05:54:29 PM

The uniqueness of bitcoin is something that sterns from the pioneer entity in the ever anonymous and pseudo Satoshi Nakamoto. His intentions were pure, devoid of greed and far from anything profit oriented but for the sole purpose of helping humanity solve the issues associated with finance. This is why, Satoshi created a near perfect system that fully operates and authenticates based on the masses and operates a decentralized system.
Being pioneer plays a role but, its only secondary and the issues in which the coin solves by cutting shirt the gaps between time and space, ensuring you stay private and secured as you make it is just what our advancement in this era needs/have got in bitcoin.

I personally agree with is that because in today's advanced world, Bitcoin offers a much needed solution that is in tune with our evolving needs. As you said, the uniqueness of Bitcoin stems from its origins and the vision of its anonymous creator, Satoshi Nakamoto. and very different from the traditional profit-driven financial system. Yes, that's right, Satoshi's intentions are focused on solving financial problems and benefiting humanity and my personal views. This led to the creation of a decentralized system that operates on the basis of consensus and authenticity where Bitcoin's pioneering status matters a lot, but more importantly, it addresses critical gaps in time, space, privacy and security.

cryptoaddictchie

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Quote from: Godlovesyou on March 01, 2023, 04:59:10 PM

BTC is unique because it makes it easy for new wave of currency exchange, it blockchain has a unique wallet address, is not easily comprises to hackers or scammers, it benches on volume of communities members, it's God fatherism to other altcoins. Is transaction made easy and key or password individuals oriented. Bitcoin trades in a every sphere of market.

These features can be prsent too on other altcoin projects and even more advanced. But the only thing that segregate bitcoin to others are the word "decentralized" its the only one proven that can be govern since no one owns it and Satoshi gave that freedom to everyone to use of it. No CEO, no private sales, and whales but early users and buyers are the one considered whales of them but its not due to investment approach but use case of bitcoin instead.

mk4

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Quote from: Godlovesyou on March 01, 2023, 04:59:10 PM

BTC is unique because it makes it easy for new wave of currency exchange, it blockchain has a unique wallet address, is not easily comprises to hackers or scammers, it benches on volume of communities members, it's God fatherism to other altcoins. Is transaction made easy and key or password individuals oriented. Bitcoin trades in a every sphere of market.

These things are minor and some — not really true. Bitcoin is unique because it's the first decently-successful decentralized cryptocurrency that people can move around without needing anyone's permission but themselves.

Zorigi

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In my opinion, Bitcoin is unique because bitcoin cannot be touched, it can only be seen on cellphones, computers and so on.
but bitcoin many believe in its existence and many have proven successful investing in bitcoin.
so bitcoin is a unique digital money.

drwhobox

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Bitcoin itself is one of a kind. It is the first decentralized currency and it gives complete control to the owner whereas fiat and centralized currencies won't.
people who involve in bitcoin and can know the ability of bitcoin will never stop investing and using bitcoin. Bitcoin is not yet shown its full potential or we don't yet utilize it properly. There is enough time for everyone to have this unique technology of blockchain and bitcoin.

Sandra_hakeem

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So many reasons why these SATOSHI's magnificent brain-baby is unique. As much as I Know, we haven't had a coin yet that has beaten BTC's record of uniqueness and untimely excellence.
Generally, the means of operatee, the technical prospects, the analytical measures and the market strategies have sumed up to make the accessibility and viability an easy-pizzy.
Most of all, it's durability; it has never failed YET...( I mean, folded up and disappeared into the thin air) ..it's been serving for as long I can remember and it's Worth being recommended. Still alot more to be said about its uniqueness that time wouldn't permit.

Sandra 🧑‍🦰

Smartvirus

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The uniqueness of bitcoin is something that sterns from the pioneer entity in the ever anonymous and pseudo Satoshi Nakamoto. His intentions were pure, devoid of greed and far from anything profit oriented but for the sole purpose of helping humanity solve the issues associated with finance. This is why, Satoshi created a near perfect system that fully operates and authenticates based on the masses and operates a decentralized system.
Being pioneer plays a role but, its only secondary and the issues in which the coin solves by cutting shirt the gaps between time and space, ensuring you stay private and secured as you make it is just what our advancement in this era needs/have got in bitcoin.

Dunamisx

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Bitcoin is also unique because it's the first of its kind, the people were so happy to receive it because it has been long awaited for, bitcoin is aimed at improving on financial challenges we had with using fiat by bringing in a new era of digital decentralized technology with bitcoin on the blockchain, bitcoin is what gives financial freedom from centralized authorities over our financial economy, this we have also wanted long time ago but bitcoin make it a reality by providing alternative for everyone to use it and make financial freedom.

Godlovesyou

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Bitcoin was projected coin deeply rooted on a refined technology to replace most works of financial institutions, bitcoin came as a new era money known as digital because it's power block believes there are intangible or digital products of all kind to be purchased without physically paying cash or have to traveled down to complete payment transactions.

Bitcoin actually believes that technology is lacking financial power outside big industrial equipment, So Satoshi sees the need to includes e-banking system of trading, saving, buying and selling of bitcoin as a digital market product.

BTC is unique because it makes it easy for new wave of currency exchange, it blockchain has a unique wallet address, is not easily comprises to hackers or scammers, it benches on volume of communities members, it's God fatherism to other altcoins. Is transaction made easy and key or password individuals oriented. Bitcoin trades in a every sphere of market.

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