What Makes Bitcoin Special? - Crypto World - CryptoTalk.Org Jump to content
Chrenova

What Makes Bitcoin Special?

Recommended Posts

From my point of view, what gives bitcoin that characteristic that makes thousands of traders use it is because it is a currency that is out of all manipulation and regulation! Apart from being a currency that can help you generate a lot of money.

  • Useful or interesting 2
  • +1 3
  • +2 2

Share this post


Link to post
Share on other sites

Well, the way it is done is a very good idea, people know that the less there is of something, the more value it has and it is the idea of Bitcoin that every time the amount of Bitcoin is reduced and that over time it will do very very  valuable

  • Useful or interesting 4
  • +1 6

Share this post


Link to post
Share on other sites

What makes bitcoin special is that not even the most specialists can determine if its value is going to rise or fall, in addition to being the basis of many other currencies. Besides that it is not handled like traditional currencies, no one can alter it at will, besides that it has made many people earn large amounts of money quickly.

  • +1 1
  • +2 1

Share this post


Link to post
Share on other sites

The most important think is you can transfer transaction with huge amount across the world faster than bank account, probably if you transfer from bank account with huge amount they manual verification and that make it longer. Bitcoin transparancy transaction is good, you can track the confirmation of transaction, Bitcoin cant be dispute like other virtual transaction like paypal or etc because transaction is one way process.

  • Useful or interesting 2
  • +1 3
  • +3 1

Share this post


Link to post
Share on other sites

Banks are changing and maybe they will make it easier for their customers to do make internationale transactons but they are very behind the crypto. Banks use fiat money that needs the banks to survive. They are centralized. Crypto uses blockchain that needs to record everything and be secure. They are decentralized.

  • Useful or interesting 2
  • +1 3
  • +2 1

Share this post


Link to post
Share on other sites

In an ideal world there would be bitcoin (or an other coin) The banks would be gone because nobody want to pay their fees and want to be tracked all the time. But unfortunately the banks and governments are not going to let that happen. They have the power to make bitcoin illegal, and say that is a bad thing.  Only because they want to have control over the financial system. 

  • +1 3
  • +2 1
  • +5 1

Share this post


Link to post
Share on other sites

Bitcoin is very much different from the general financial system and the transaction system is the totally different. The main key actor of the btc is the system is decentralize and one ca transfer a huge amount with in a short period of time through btc.

  • Useful or interesting 1
  • +1 2

Share this post


Link to post
Share on other sites

The purpose of Bitcoin and cryptos in general is simply to create a decentralized market, where everyone can own their funds without depending on a regulatory entity such as a bank, in order to streamline money transactions worldwide, where a  Chinese and an Argentine can do business in seconds and not weeks.

  • Useful or interesting 1
  • +1 3

Share this post


Link to post
Share on other sites

Let's think rationally if Bitcoin were a failure it wouldn't receive all this increased attention. It really has contributed to the change of the global financial system from the classic to a very powerful technology, which is the blockchain and the next scenario in which Bitcoin will appear more strongly.

  • +1 1
  • +2 2
  • +4 1

Share this post


Link to post
Share on other sites

Hello my friend, bitcoin is different because unlike altcoins, Bitcoin created a new category and had the network effect as a result. Bitcoin is different because unlike decentralized coins it's market driven, immutable and unseizable.bitcoin has a global acceptance and is less volatile than cadh or local currency. Due to thses features it makes bitcoin a valuable currency nowadays.

  • Useful or interesting 1
  • +2 2

Share this post


Link to post
Share on other sites

Hello everyone, I consider that bitcoin is special since it is a means of electronic exchange that helps us to acquire products and services like any other currency, it is a decentralized currency, that is, there is no authority or government that is responsible for its issuance and registration of its movements, and of course it is the most popular currency with the highest capitalization.

  • +1 1
  • +2 1

Share this post


Link to post
Share on other sites

Hello everyone on my own point of view bitcion is so special than other and many people earn a lot of income on it if they invest on bitcion, like me i buy bitcion when the price fall, interm of buying bitcion is fast and affordable which you can easily earn huge amount of money 

  • +1 3
  • +2 1

Share this post


Link to post
Share on other sites

Bitcoin was created to give us freedom and that is priceless. People are tired of the current financial system, which is so slave and corrupt. I have no doubt that BTC and cryptocurrencies are the future of today's economy!

  • +1 2
  • +2 2

Share this post


Link to post
Share on other sites

Bitcoin has been created so that there is decentralization and no one controls your money or imposes taxes on you, freedom of payment. Any amount of money can be sent and received in real time from or to anywhere in the world at any time in addition to that it greatly helps the inhabitants of poor countries because it has become a source of income. For many people

  • Useful or interesting 1
  • +1 3
  • +2 1

Share this post


Link to post
Share on other sites

Bitcoin is much more powerful than what we hear every day and we may see the real powers of it in the next ten years. Do not hear anyone talking to you about the weakness of the Bitcoin currency and that it is a bubble, and try to store as much of it as possible because it is a wealth that few people know.

  • +1 2

Share this post


Link to post
Share on other sites

Im not sure how its kind of special but i know the fact there was a event that caused to be this bitcoin to be a special one and the value is very stable when it rose up and many people profited from this what caused bitcoin to be good until now.

  • +2 1

Share this post


Link to post
Share on other sites

BTC is unique conceptual currency generated at net for financial and economic stability in society where the fiat system fail to achieve. Btc is run through decentralised system and the centralistion isn't involved in BTC. Btc is untraceable ans uncrackable which gives a strong point where it cannot be imprented illegal and no-one can create fake BTC. AS For BTC have many advantages and can be used as legal payment. 

  • Useful or interesting 1
  • +2 4

Share this post


Link to post
Share on other sites
On 10/9/2020 at 2:56 PM, Chrenova said:

This is more important in an international transaction which, if you have tried it, is expensive and time consuming. Large transitions can have fees in the thousands of dollars range and weeks to confirm.

The most important part of Bitcoin is there is no authority that would block a transaction. The decentralized nature of Bitcoin gives access to worldwide financial freedom. You control your private keys means you are in control of your funds, not the bank or the government or anyone else will block your transaction for any reason.

  • +1 1
  • +2 1
  • +3 1
  • +5 1

Share this post


Link to post
Share on other sites

Bitcoin have proven itself to be more efficient and reliable in the world of crypto currencies. However bitcoin have freedom of payments during exchange and it have a very low fees in term of charge rate.

  • +2 2
  • +3 1

Share this post


Link to post
Share on other sites

Bitcoin is the first form of digital money that has given power to the owner and value to keep the bitcoin. Storing fiat in a bank for years will only mean that it will be weaker later. It is not what we want to work for nothing. The system of fiat currency has weaknesses that Bitcoin make it better.

  • +1 1

Share this post


Link to post
Share on other sites

The freedom to control your funds without government involvement or bank is the most characteristics of bitcoin, another one is the low fee charged to transfer your funds. Ability to trade and invest and make huge profits that is bigger than what bank offers yearly for their fixed deposit or investment. These are some of the reasons banks and government are against BTC.

  • Useful or interesting 1
  • +2 1

Share this post


Link to post
Share on other sites

Thanks for these thoughts about Bitcoin. Bitcoin in many ways is becoming adopted and used. It is not only investment but it is an easy way to transfer this investment to someone else, take it with you in a mobile, hardware or paper wallet, or even just remember a passphrase, have encoded somewhere theworsd you will need. You can't do that with anything else.

  • +1 1

Share this post


Link to post
Share on other sites

Aside from being used to gain profit, Bitcoin or should I say cryptocurrency as a whole have other reasons why it is special, the most common is the security as it is decentralized and no single authority have a control on it, and the way the blockchain works it is very amazing since if I'm not mistaken until now no one ever tried to tampered it. Also yeah it is very convenient to use as payment since you just need you smartphone and internet.

Share this post


Link to post
Share on other sites

The biggest thing that makes Bitcoin special is its decentralization. So therefore nobody owns it and nobody controls it. Transactions can't be stopped and also can't be reversed. You can get any amount of Bitcoin regardless of age or financial status. Bitcoin is one of the best man-made.

  • +2 1

⚱️Take Up TO 3500 ETH NOW⚱️

For starting You Need Only 0.08 ETH

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Hello, friends, I wanted to alert you all about my recent experience with an airdrop group named @Airdrop_Fam. Initially, everything seemed legitimate. They requested an advance payment for their services, which I thought was standard procedure. However, the situation took a turn for the worse when they began demanding additional funds to publish a post. When I resisted their sudden and unexpected demand, communication came to an abrupt halt; they completely ignored my messages. The person behind this scheme is the admin of the group, known as @Airdrop_FAM_Admin. At first, this individual appears cooperative and friendly, but don't be deceived – it's all a facade to extort more money from you. Please, I urge everyone to be cautious and steer clear of @Airdrop_Fam. The group is a sham, filled with no genuine participants. The admin is a charlatan through and through. Don't let yourself be their next victim! Stay safe and always do thorough research before engaging with such groups
    • Як не крути, держава всеодно захоче накласти лапу на вашу діяльність, це просто покищо питання часу!
    • Снижение комиссий и увеличение прибыли: Как Bitmore изменяет игру Высокие банковские комиссии давно являются проблемой для многих предпринимателей. В Bitmore мы стремимся к минимизации ваших расходов на финансовые операции. Убедитесь лично, воспользуйтесь услугами перевода денег между странами, или оплаты счетов.
    • Lower fees and higher profits: How Bitmore is changing the game High bank fees have long been a problem for many entrepreneurs. At Bitmore, we're committed to minimizing your financial transaction costs. See for yourself, use our cross-country money transfer or bill payment services.
    • Обмен в несколько кликов!!! О нас: Сервис на рынке появился  недавно, но наша команда с опытом в сфере обменов больше 5-ти лет, готова предоставить клиенту максимально быстрый и качественный обмен. Наши операторы консультируют клиента на всех этапах сделки. Возможны быстрые обмены с Банковских карт, QIWI, Юмани на Bitcoin, Ethereum, Tether, LiteCoin и другие криптовалюты и обратно. Так же предусмотрена работа с обменами вида Криптовалюта-Криптовалюта. Для клиентов предусмотрено: - Выгодные условия для обмена; - Реферальная программа ; - Программа лояльности для новых клиентов  Оставляйте заявки, обращайтесь в чат и совершайте обмены на выгодных условиях! На данном этапе время работы обменного сервиса с 10:00 до 22:00 по МСК. Наши контакты: eMail: https://admin@ebucks.fi  - для сотрудничества https://support@ebucks.fi   - поддержка, вопросы по обменам Telegram: https://t.me/ebuckssup (@ebuckssup) добавляйтесь только по ссылке. Возможны дубли мошенников. Чат на сайте: https://ebucks.fi/ru
    • Актуальные курсы на 29.03   🇵🇱 ВАРШАВА 🇵🇱   Покупаем Ваш Tether (USDT).   💸Доплатим Вам 0.7 за $. 🏦Выдадим наличный $, €, PLN. 🏢Центр, свой офис, личная встреча, без предоплат. ♻️Денежные переводы по всему миру! 🌍 💰Работаем с любыми объёмами.   За деталями - пишите Менеджеру 🧑‍💻👉 в телеграм  @PLsmartgroupp
    • Дорогие наши клиенты! Предлагаем выгодные обмены в Тайланде. Вы можете купить Тайские Баты по самому выгодному курсу.   НАШИ ПРЕИМУЩЕСТВА: Анонимность и безопасность Отсутствие скрытых платежей и комиссий Среднее время обработки заявки 5 минут Работаем 24/7   КОНТАКТЫ Чат с оператором: EX.ATM24.PRO Телефон: +66 918464597 Телеграм: https://t.me/atm24pr
    • Приветствуем наших клиентов! Предлагаем Вам выгодно купить Биткоин.   Обменник криптовалют Imperial.exchange предлагает выгодный курс и оперативно проводит обмен. Профессиональная работа службы поддержки.   Наши контакты:Почта: support@imperial.exchangeTelegram: https://t.me/imperialexchange_admСайт: https://imperial.exchange/
    • Майнер криптовалюты Hut 8 Corp опубликовал отчет о своих результатах за последние шесть месяцев. Согласно пресс-релизу компании , Hut 8 увеличила выручку до $60,6 млн за шесть месяцев, закончившихся 31 декабря 2023 года. Основные показатели финансовой отчетности Hut 8 включают увеличение выручки на 32% и значительное увеличение чистой прибыли до $6,2 млн по сравнению с к предыдущему чистому убытку. Стоимость майнинга биткойнов ( BTC ) составила 18 815 долларов США, и за этот период компания добыла 1244 биткойна. Стоимость энергии Hut 8 за МВтч составила 44,52 доллара США, что отражает эффективность управления затратами на электроэнергию. Биткойн укрепляет активы Hut 8 Сила баланса компании очевидна в ее активах в биткойнах : по состоянию на 31 декабря 2023 года 9 195 биткойнов оценивались примерно в 388,1 миллиона долларов. Эта база активов обеспечивает Hut 8 значительную рыночную стоимость и потенциал для будущих доходов. Биткойн демонстрирует устойчивый рост с начала года после того, как спотовые биткойн- ETF в США привлекли в биткойн институциональных и розничных инвесторов. С начала года первая и до сих пор лидирующая криптовалюта в мире подорожала на 60%, а в начале марта BTC обновил свой исторический максимум, поднявшись выше $70 000. Кроме того, рыночная капитализация Биткойна превысила 1,4 триллиона долларов, что сделало самую ценную криптовалюту восьмым по величине активом в мире, обогнав серебро.
    • Здравствуйте!  Предлагаем Вам сделать выгодный обмен Ethereum ETH на Альфа Банк Рубли. Гарантируем профессиональную поддержку на всех этапах обмена.  Минимальное время на любой обмен.   Наша почта: support@01bit.proСсылка на сервис: https://01bit.pro/
×
×
  • Create New...