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Their is another coin that is equivalent in price with Bitcoin

Sincerem

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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
 

Rimsha kanwal

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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
A number of cryptocurrencies are posting even gaudier numbers than the progenitor of digital money. Ethereum, a longtime favorite of tech geeks, has quintupled in value since its 12-month low on March 16, besting Bitcoin’s 295% increase in the same period. And XRP, a lightning rod for crypto-critics, has doubled in value since last year
In the last week, new customers were buying XRP at three times the rate of Bitcoin on eToro, an online trading platform popular with millennials in Europe and Asia. Just comparing prices may be all it takes for investors to consider even more options such as Litecoin, Tron or Cosmos, all of which can be purchased for a fraction of Bitcoin’s record-high of nearly $20,000
 

Goodday

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Well, l have never seen wrapped bitcoin on bitcoin blockchain so I don't think it's on bitcoin blockchain. For tokens completing with bitcoin in terms of price l don't think it's wrapped bitcoin alone because the defi token called yearn.finance is also moving with bitcoin in terms of price and whenever bitcoin rises, it does the same too and when bitcoin decrease, it also decrease in value.
 

Kayzzy3

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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
I only see wrapped Bitcoin on exchanges, I don't know how it is traded, how it is mined and where one can get it.

I haven't really takennout time to read about it or inquire, but just as you have noticed, it surprises me that it price goes hand in hand with Bitcoin price.

Also, Eth, BitTorrent, Tether, etc also have their wrapped varieties.
 

Sincerem

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I only see wrapped Bitcoin on exchanges, I don't know how it is traded, how it is mined and where one can get it.

I haven't really takennout time to read about it or inquire, but just as you have noticed, it surprises me that it price goes hand in hand with Bitcoin price.

Also, Eth, BitTorrent, Tether, etc also have their wrapped varieties.
Okay, I'm surprised to see it go hand in hand with Bitcoin. Even when the price if Bitcoin falls it follows, when the price increases it follows too. The both price is just the same no slight difference. The figures shows they are the same, you'll be thinking if its the carbon copy of Bitcoin.
 

Taimoor Jutt

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I never knew about this wrapped coin till now. This post is very interesting about this fact. But I do not have an answer of this question.
This is rediculous ,why did they create this.. But is that coin also belongs to crypto currency.
Will learn about the fact later.
 

Bilal0087

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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
I have never seen or heard about this coin in Crypto market, and I don't think it's worth will become equal to bitcoin.
Most of the people have just trust in Bitcoin investment, which is now being traded all over the world and its very difficult for other cryptocurrencies to beat original bitcoin.
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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
I have never seen or heard about this coin in Crypto market, and I don't think it's worth will become equal to bitcoin.
Most of the people have just trust in Bitcoin investment, which is now being traded all over the world and its very difficult for other cryptocurrencies to beat original bitcoin.
 

WhiteHouse

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Wrapped bitcoin is a sort of bitcoin that can be utilized on various blockchains. There are more approaches to utilize wrapped bitcoins in contrast with typical bitcoins in the event that you see. A favorable position of wrapped bitcoins is its development in the realm of ethereum wallets.
 

M Amin

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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
Yes YFI is that cryptocurrency which is about equal to bitcoin but I don't know why Bitcoin is so famous and people are serious about Bitcoin YFI and other cryptocurrencies are also so important but Bitcoin has his own importance and publicity
 

Sincerem

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Yes YFI is that cryptocurrency which is about equal to bitcoin but I don't know why Bitcoin is so famous and people are serious about Bitcoin YFI and other cryptocurrencies are also so important but Bitcoin has his own importance and publicity
Okay, i didn't say the coin that matches its price tag or more than it. I mean the coin that is the same with Bitcoin. Assume you read the article from the beginning you could have gotten what i mean by this question.
 

GoldenLady

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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
This is the first time I'm hearing of Wrapped Bitcoin.
Has it been in existence for a long time now?

It's strange that another similar coin can be made, what could be the purpose and what is the benefit to the developers?

I'll definitely do detailed research on this.
 

Ehtisham memon

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I think the equivalent coin is etherum it's a trading marketing in 2 num but I don't known fully about it I seen in binance app bitcoin currency is increasing now a days some investing in this currency to buy this coin some investment and earn more and more from this bitcoin currency
 

Sincerem

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This is the first time I'm hearing of Wrapped Bitcoin.
Has it been in existence for a long time now?

It's strange that another similar coin can be made, what could be the purpose and what is the benefit to the developers?

I'll definitely do detailed research on this.
Good, you should do detailed search on your own about it. I discovered this coin via coinmarketcap for sometime now. Everything about the coin looks the same with Bitcoin's type. The only the difference is the addition of 'Wrapped attached.
 

Thosynho

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Did you notice that, their is a similar coin of Bitcoin. It follows the market price of Bitcoin, which is peaked at $32k per token. If Bitcoin price rises it follows and rise, when the price of Bitcoin drops down, the coin drops down as well. The name of the coin is Wrapped Bitcoin. I believed you know about this coin, i don't know why the coin is built to work hand in hand with Bitcoin.

Do you think Wrapped Bitcoin and Bitcoin operate on same blockchain?? Or it is created as a makeshift to Bitcoin?? I need your answer on this one!!
Wow, I am just knowing for the first time that there is a coin that has the same value as Bitcoin. I used to believe is the only coin with great value not knowing about wrapped Bitcoin. Could you please shed more light about this new crypto currency that we all can learn from you.
 

Niftyyem

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Wrapped coin seems like a 'wannabe bitcoin' coin with less popularity but almost thesame value. I have only read of the coin briefly without paying much attention to it, however, I think YFI has got more attention that this wrapped bitcoin.
 

Chumzy

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You can check the value of every coin on coinmarketcap.com. Bitcoin is undisputed and the best coin that will always be ahead in the crypto market. Etherum might always hold second place but bitcoin doesn't look like dropping anytime soon.
 

Sake

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This is the first time i heard about wrapped Bitcoin. I think it's not famous and widely known but i wonder how it got the high market value almost on par with Ethereum..well most coin that uses the name of Bitcoin are getting a good market value anyway.
 

Abbas ali

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Wrapped bitcoin is a sort of bitcoin that can be utilized on various blockchains. There are more approaches to utilize wrapped bitcoins in contrast with typical bitcoins in the event that you see. A favorable position of wrapped bitcoins is its development in the realm of ethereum wallets.
 

Axad. Mrb

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A number of cryptocurrencies are posting even gaudier numbers than the progenitor of digital money. Ethereum, a longtime favorite of tech geeks, has quintupled in value since its 12-month low on March 16, besting Bitcoin’s 295% increase in the same period. And XRP, a lightning rod for crypto-critics, has doubled in value since last year
In the last week, new customers were buying XRP at three times the rate of Bitcoin on eToro, an online trading platform popular with millennials in Europe and Asia. Just comparing prices may be all it takes for investors to consider even more options such as Litecoin, Tron or Cosmos, all of which can be purchased for a fraction of Bitcoin’s record-high of nearly $20,000
It’s not just Bitcoin.
A number of cryptocurrencies are posting even gaudier numbers than the progenitor of digital money. Ethereum, a longtime favorite of tech geeks, has quintupled in value since its 12-month low on March 16, besting Bitcoin’s 295% increase in the same period. And XRP, a lightning rod for crypto-critics, has doubled in value since Nov. 17
 

Henrywrites

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Well, l have never seen wrapped bitcoin on bitcoin blockchain so I don't think it's on bitcoin blockchain. For tokens completing with bitcoin in terms of price l don't think it's wrapped bitcoin alone because the defi token called yearn.finance is also moving with bitcoin in terms of price and whenever bitcoin rises, it does the same too and when bitcoin decrease, it also decrease in value.

It's definitely as a result of the fact that Bitcoin has become a base coin that most of the coins in the crypto currency market act on. You won't understand this unless you have taken your time to view how even ETH and Bitcoin cash reacts when Bitcoin dumps your r pumps. So, it's the system programming that makes it so.
 
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