Bitcoin is King | Bitcointalksearch.org

Catenaccio

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Quote from: bots1 on March 01, 2024, 04:22:52 AM

Bitcoin is considered king because:

1) In terms of price compared to any crypto, Bitcoin is the highest.

Bitcoin is a strongest cryptocurrency, not only by its marketcap, its price but by its ability to survive through many market cycles, bear markets. Other cryptocurrencies can have high ROIs in one cycle but they fail to survive after one or two cycles or their net ROI is lower than Bitcoin.

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2) Bitcoin can drag down the price of all other altcoins when the price drops.

Because many altcoins were created with market trends and technological trends. Trends come and disappear so those projects come and dead.

How many cryptocurrencies failed?

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3) If done alone, this can attract the entire market and create a bull run.

Bitcoin leads this market but its power shows clearer in bear market and you can see Bitcoin dominance is bigger in past bear markets. In bull markets, many new altcoins will take shares of Bitcoin dominance but when those new projects dead, Bitcoin dominance increases again in a next bear market.

bots1

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Bitcoin is considered king because:

1) In terms of price compared to any crypto, Bitcoin is the highest.
2) Bitcoin can drag down the price of all other altcoins when the price drops.
3) If done alone, this can attract the entire market and create a bull run.
4) Bitcoin can make many people rich.
5) Interest is always high compared to other coins because the supply is limited to only 21 million Bitcoins.

Fiasem20

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Bitcoin is the king of all cyptros because;

1.Bitcoin was the the first cyptrocurrency that was invented into the crypto market in the year 2009 and ever then it has reported any scam alert.

2.Bitcoin is the best digital asset to buy and hodl when it comes to investment term.

3.And also Bitcoin is the most popular and dominant decentralized digital asset in the cyptro market.

Shamm

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Quote from: speeder on February 03, 2024, 11:30:10 PM

With the way Bitcoin is gaining influence day by day, it is only right that Bitcoin will be the king of all coins. Bitcoin has a lot of success currently, Bitcoin is the most popular coin in the crypto market and many people have been able to change their fortunes using this coin. All cryptocurrencies are based on Bitcoin. As the price of Bitcoin starts to rise, other coins in the crypto market slowly move up in value.

Without a doubt Bitcoin so the only coin that will long last and now currently the number 1 coin in the market which pretty sure that no another coins called king of all coins except Bitcoin. And also altcoins will follow Bitcoin which is when the price of Bitcoin will rise up then some coins will rise up to but the difference is other coin is not just like Bitcoin that when the price will down there's a time that it will rise again while other coins are not just del the same cause some coins when the price will go down then It will not rise up again.

ARTOIS

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Everyone noticed the rise in its value, as its average growth became more than 300% due to several factors and events in the past years
Because we use it as an investment like precious metals and are not affected by monetary policy
It is a digital and decentralized currency, security and encryption, the continuous mining process and transaction processing, and the pseudonymity feature which results in more privacy for customers, and full user control.
This is why bitcoin is number one

fruktik

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Quote from: macson on January 30, 2024, 10:16:12 AM

Bitcoin is the king of cryptocurrency not because of its capitalization, because if we talk about capitalization it means Bitcoin can be replaced at any time, but because Bitcoin has offered decentralization, security and credibility to transactions since it was first launched. Bitcoin has a lot of integrity and it has been tested and measured since it was first launched and it has weathered many storms in the market. That's what makes Bitcoin king.

Bitcoin also has strong community support and many people will continue to support it even when governments restrict the use of Bitcoin in their countries. There is not a single coin in the crypto market today that can match what Bitcoin has achieved, and that is the real king.

Oh, come on. Are you saying there is no equal to Bitcoin today? It's not. There are other projects that are just as good. The only thing they lack is more extensive advertising than they have at the moment, but all in good time.

I wouldn't call it a king. That's not the right definition. But "elder" suits him best.

What's the reason everyone's so fixated on just him? It's hard enough to consider such a thing in the current state of affairs.

wendty

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Bitcoin was the first cryptocurrency created and received widespread recognition and is also the most popular among other cryptocurrencies. And it became the first decentralized digital currency, and Bitcoin became its foundation and also influenced the entire cryptocurrency ecosystem.
And other cryptos or altcoins are just alternatives or imitations of Bitcoin and this crypto can drag all other altcoins when they go down, so Bitcoin deserves to be king and become the main coin because it is very influential on other cryptos. And if Bitcoin collapses, it is certain that other cryptocurrencies or altcoins will also collapse.

tread93

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There will never ever be another 1st crypto currency EVER, Bitcoin is the one and the only! Okay I will say Ethereum is good too. Monero is cool. XRP shit I think honestly has a chance. But Bitcoin is and without question will alway be the #1 coin! I don't every see anything overtaking it or dropping it from its place. I just don't.

RewFrew

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Absolutely right Bitcoin is king, i think there jas no Dhaka. From the begaining. No any compitetors ever we seen. After Lunching Bitcoin till now Bitcoin is number one. It’s Price, marketcap, volume, usability are increasing. We saw total maeket depend on Bitcoin. When bitcoin price increase then all cryptocurrency market increase. And when Bitcoin price were down then all cryptocurrency market gose down.
We can tell in one word Bitcoin dominance all cryptocurrency market there has no doubt. So It’s quantity only 21milion and it’s user now huge. And usability also increasing. So we can easily tell bitcoin is king of all cryptocurrency and cryptocurrency market.

benalexis12

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Quote from: Gladitorcomeback on January 30, 2024, 11:59:53 AM

Quote from: Nothingtodo on January 28, 2024, 11:38:07 PM

Quote from: glendall on November 17, 2023, 07:20:51 AM

as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced

The global investment in Bitcoin is not equal to all cryptocurrencies combined. Bitcoin is not only the number one currency but also one of the most trusted virtual currencies in the world. There are millions of investors in the world who have invested in Bitcoin and they also believe that there is no other competitive currency in the world to replace Bitcoin. I have adopted an investment plan accepting Bitcoin as the king currency.

I think the value of saving is not disappearing in youth because now a days you will have seen that people save more often after which they initiate investment. In present age there is a limited job opportunities as a result of which people prefer investment which can make their future prosperous.

Those who don't know the value of saving cannot realize that how to spend money with planning. They spend huge money without thinking about it so they regret for it in future and then they want to make saving and investment but they are unable to do so therefore make a plan on time and get financial education that can help you to spend well and save more.

There are still many people like that who don't know how to spend properly, so they don't actually have any savings for the future because they spend too much on themselves. But there are still some of these opportunities that Bitcoin's halving is approaching, taking advantage of the opportunity that there is still time to accumulate Bitcoin as much as possible.

And this is the right thing because when the time of the bull run comes, we have for sure a profit to be drawn or released from cryptocurrency because its price values will increase in the market, and it will be a savings for us too, of course.

HideYourKeys

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I think is quite unlikely to dethrone bitcoin... BUT, we might see other challengers aiming to get that 2nd position, I am not that sure that ETH will be able to keep it for decades

mamesso

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Bitcoin is king because whenever people remember Cryptocurrency then the first thing that comes to their mind is Bitcoin. Interest in Bitcoin is always high compared to other coins because there are only 21 million pieces in circulation, Bitcoin is also able to drag down all other altcoins when the price drops. Bitcoin is the money of the future and its adoption is increasing as more and more investors are interested in making Bitcoin a store of value because there is no central authority controlling circulation and transactions like banks do with fiat currencies.

Bitcoin is also able to maintain consistent market capitalization dominance and the largest trading volume compared to other Cryptocurrency. Bitcoin has been widely accepted and recognized, it is very natural that Bitcoin is called king because it has been accepted globally and market dominance remains even when thousands of other Cryptocurrency begin to emerge.

speeder

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With the way Bitcoin is gaining influence day by day, it is only right that Bitcoin will be the king of all coins. Bitcoin has a lot of success currently, Bitcoin is the most popular coin in the crypto market and many people have been able to change their fortunes using this coin. All cryptocurrencies are based on Bitcoin. As the price of Bitcoin starts to rise, other coins in the crypto market slowly move up in value.

puloweh555

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Quote from: macson on January 30, 2024, 10:16:12 AM

Bitcoin is the king of cryptocurrency not because of its capitalization, because if we talk about capitalization it means Bitcoin can be replaced at any time, but because Bitcoin has offered decentralization, security and credibility to transactions since it was first launched. Bitcoin has a lot of integrity and it has been tested and measured since it was first launched and it has weathered many storms in the market. That's what makes Bitcoin king.

Apart from that, Bitcoin's unique concept has made Bitcoin survive to this day and become the king of crypto. You see, because the founder of Bitcoin did not declare himself, that is why Bitcoin is king to this day. because if we look at history in 2009, if for example Satoshi Nakamoto everyone knew who he was, I don't think Bitcoin would have survived until now because if everyone knew his status he would definitely be bullied by regulators who didn't like Bitcoin's development.

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Bitcoin also has strong community support and many people will continue to support it even when governments restrict the use of Bitcoin in their countries. There is not a single coin in the crypto market today that can match what Bitcoin has achieved, and that is the real king.

Yes, the very strong community factor also explains why Bitcoin is still the first choice for many investors. In fact, this community is growing and developing every year, making this community even stronger, especially as several countries are starting to adopt Bitcoin. So Bitcoin deserves to be called the king of all existing cryptocurrencies.

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Quote from: HelliumZ

Bitcoin is the king of all cryptocurrencies it goes without saying because other coins are dependent on Bitcoin but Bitcoin is not dependent on any coin. Other coins are dependent on a third party but Bitcoin is a currency that has no ownership of its own or ownership that has not yet been disclosed. So it has monopolized the highest position in the market.

Based on what people experienced from all the cryptocurrencies in the market show that BTC will still remain the king among other cryptocurrencies because, it give hope to other investors whenever the price is rising in the market and other cryptocurrencies price will be rising too to encourage their hodlers to have faith at the moment.

Despite the long bear run that flow over some years but BTC price is still higher than other cryptocurrencies and it will still maintain that position when another bull market beginning which is not far again before it will start manifesting for hodlers to feel.

Nrcewker

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We don’t have a single doubt on this statement. Have you guys forgetting that majority of other coins or altcoins are derived from the concept of Bitcoins. Hence people comparing Bitcoins with this is just nothing but useless comparisons. Many of us have already accepted that there is no other coin bigger than the Bitcoins. Bitcoins are the most valuable digital asset present all over the world. Moreover it will even grow bigger. Hence it’s wise to accumulate as many Bitcoins as we can in this cheap price.

Gladitorcomeback

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Quote from: Nothingtodo on January 28, 2024, 11:38:07 PM

Quote from: glendall on November 17, 2023, 07:20:51 AM

as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced

The global investment in Bitcoin is not equal to all cryptocurrencies combined. Bitcoin is not only the number one currency but also one of the most trusted virtual currencies in the world. There are millions of investors in the world who have invested in Bitcoin and they also believe that there is no other competitive currency in the world to replace Bitcoin. I have adopted an investment plan accepting Bitcoin as the king currency.

I think the value of saving is not disappearing in youth because now a days you will have seen that people save more often after which they initiate investment. In present age there is a limited job opportunities as a result of which people prefer investment which can make their future prosperous.

Those who don't know the value of saving cannot realize that how to spend money with planning. They spend huge money without thinking about it so they regret for it in future and then they want to make saving and investment but they are unable to do so therefore make a plan on time and get financial education that can help you to spend well and save more.

macson

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Bitcoin is the king of cryptocurrency not because of its capitalization, because if we talk about capitalization it means Bitcoin can be replaced at any time, but because Bitcoin has offered decentralization, security and credibility to transactions since it was first launched. Bitcoin has a lot of integrity and it has been tested and measured since it was first launched and it has weathered many storms in the market. That's what makes Bitcoin king.

Bitcoin also has strong community support and many people will continue to support it even when governments restrict the use of Bitcoin in their countries. There is not a single coin in the crypto market today that can match what Bitcoin has achieved, and that is the real king.

bettercrypto

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Quote from: Mate2237 on January 28, 2024, 05:50:42 PM

Quote from: SaepulMT on November 17, 2023, 03:06:42 AM

Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies.
As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.

The is no argument on that which says, bitcoin is the president of all the cryptocurrencies in the ecosystem. And what make bitcoin to be the king is that all other coin are moving under bitcoin and whatever direction bitcoin goes other cryptocurrencies follow. And the best time to buy bitcoin is the time when the price is low and not when the price is high. Please whenever you planning to do with the investment of bitcoin thick and calculate well.

I also agree that Bitcoin is the king of all cryptocurrencies. Because what the King moves is also the movement of his subjects. It's the same when bitcoin's price value rallies in the market; most altcoins also rally, even though other shitcoins rally temporarily just to keep up; it's just that the others can't keep up and are left behind in the market until it stops.

That's what Bitcoin has been doing in this field of crypto space for literally 15 years, where the majority of potential altcoins in the market are still following Bitcoin's moves.

KingsDen

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Quote from: Catenaccio on November 13, 2023, 07:39:04 PM

The infographic has instead opened my eyes to the dominance of Ethereum in the community of the altcoins. Since 2019, no other altcoins has tried to overtake Ethereum till date and there's no sign that any altcoin will try to do that in the near future. Talking about bitcoin, we all know that BTC is the king, I mean who is disputing that? I also know that throughout the reign of cryptocurrency, no coin is possibly going to dethrone Bitcoin.

Quote from: lovesmayfamilis on November 14, 2023, 05:45:44 AM

Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic? Cheesy

It's already at the 5th page, maybe I will have to push it to the 6th page where me and you will no longer post Grin

Quote from: GeorgeJohn on January 29, 2024, 03:41:07 AM

Bitcoin is a Bitcoin and it can not say that's King with one or two reasons..in normal circumstances Bitcoin is a currency like any other coins what we say is that it has a potential more than any other coins, and in terms of valuation it's more valuable than other coins and that's while Bitcoin continue to have a competitor everywhere so I believe that in future even Ethereum network can do better than a Bitcoin

Even if you believe that Ethereum will be better than bitcoin in the future, that does not erase the fact that bitcoin is the current and undisputable king of cryptocurrency. Whenever BTC sneezes, altcoins shiver. Before the reign of Ethereum comes if it will ever come, let's allow Bitcoin to reign in peace.

Topic: Bitcoin is King (Read 1051 times)