Bitcoin Is Not The Best? But... | Bitcointalksearch.org

oppasong

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Quote from: iamTom123 on October 27, 2017, 05:44:53 AM

We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...there are new versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.

There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).

Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities or features which can convey to us that indeed Bitcoin is the future.

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?

Bitcoin is the best now and forever and I have invested in bitcoin why? because this is the future and you suggest me to use it otherwise you will regret it later.

valisa

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I agree that bitcoin is the most appropriate choice as an option, because until now there is still no coin that can rival the power of bitcoin, bitcoin more and more users around the world.

MakeMoneyBtc

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Bitcoin has the biggest market capitalization but that doesnt mean it is the best. It cant be used worldwide for payments because the fees are various during the day and sometimes they are very big. Also the thing that some transactions take some time to be confirmed is slowing the bitcoin growing. Everyday appears new coins with new technology. I think if they would have all stick together and be one coin with all the advantages, that would be revolutionary

taiwww

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Currently bitcoin is the only best cryptocurrency in the market.
It acquires more than 50% share in crypto market.
Bitcoin is a blessing to the economy its totally new, secured, timely way of making payments all round the world, It has proven this since its introduction.
It is not only a medium of exchange but also a good tool of investment.
It has helped many to gain income by doing jobs of mining etc.
But its not the only best cryptocurrency forever.
It do have some limitations. Since its introduction bitcoins are not accepted by all nations so we cannot claim it as a world currency.
It requires minimum infrastructure like mobile wallet, internet, electricity without which its useless.
Due to limited supply of bitcoins (21million) its value is highly volatile, hence no valuation guarantee.
Bitcoin mining consumes large amount of electricity hence works only in those parts where electricity is cheap.
AlterNet energy sources requires huge investments.
In future new cryptocurrency which overcomes with these disadvantages may arise and replace bitcoins, till bitcoin is the king.

michellee

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i think bitcoin is still the best for me, for investing or for searching money with trading in daily because I can be able to make money by doing trading and other things related with bitcoin. there is no excuses for me to not say that bitcoin is the best, the reality bitcoin opportunity is wide open than the other investments like gold which we need to buy gold in some amount. but the disadvantages from bitcoin is we can not use our bitcoin in offline store in around us and we can only use in internet only.

pugman

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Quote from: iamTom123 on October 27, 2017, 05:44:53 AM

We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...therw versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.

There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).

Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities or features which can convey to us that indeed Bitcoin is the future.

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?

I agree that bitcoin will dominate the world in terms of crypto currency acceptance because people who don't use or know bitcoin think that either it's a ponzi scheme and hardly people know that there are other cryptos except than bitcoin also.
Mining is so costly and is not environment friendly unfortunately, one of it's biggest drawbacks.

jseverson

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Bitcoin is solid. It is the pioneer, and is pretty much what everything else is based on. Other coins may add features, but they also typically alter or remove a few others. This is why there are no existing coins out there that can be said to be completely better than Bitcoin. Even if there were, Bitcoin is honestly more than a sum of its parts. It has already emerged as a sound investment and a good storage of value and while other coins may beat it in terms of technology, it will be hard to usurp Bitcoin's throne in that aspect.

All of these coins only have value of we deem it to, and in a world where Bitcoin is the most valuable, it's also the best.

Images21

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Quote from: iamTom123 on October 27, 2017, 05:44:53 AM

We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...there are new versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.

There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).

Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities or features which can convey to us that indeed Bitcoin is the future.

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?

Oh yeah, I agree! It is not hard to agree on this. Bitcoin is the first among a sea, hell, an ocean of cryptocurrencies. It is therefore expected that those who followed will have to install what has been missed by the first comer. Those that will follow will upgrade what is considered lacking or weak features of the earliest comer. But then again, no one can beat the first. And you are right that there are so many establishments already that accept bitcoin.

AVAMONEY

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Quote from: iamTom123 on October 27, 2017, 05:44:53 AM

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?

Agree. Bitcoin dominates the market in the next few years.
Although there are some promising positive altcoins, it can positively provide a balance in market players to invest. It's a good thing, so people need bitcoin as a price benchmark.

Chris!

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Quote from: gentlemand on October 27, 2017, 06:07:41 AM

What is anyone's definition of best?

There might be faster coins out there. Are they as secure? There might be coins with more capacity. Could they handle full capacity 24/7 for years on end without breaking? Bitcoin can. I doubt people want to test it out again with other coins.

Exactly. Also these coins that claim to be faster require so many more than 6 confirmations with any wallet so what's the real benefit?

thet

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elysian.finance

Quote from: iamTom123 on October 27, 2017, 05:44:53 AM

We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...there are new versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.

There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).

Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities or features which can convey to us that indeed Bitcoin is the future.

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?

I agree with you, bitcoin is the best the digital currency that gives me some hope for the great future with my family in terms of financial status if i work hard for it.

Inspite of the negative news, bitcoin is still undefeated and consider it as our future.

Bustart

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Quote from: |Bitkoin| on October 27, 2017, 08:26:05 AM

Bitcoin is 100% the best form of money that exists today. It is the best store of value, medium of exchange, and unit of account that is available today. Gold and Fiat are inferior.

Well, that's what you think. I won't argue of your opinion because you have the right to express what you believe. People have different opinions with regards to the bitcoin's price but for me, bitcoin is not only the best cryptocurrency in this world. There are many kinds of coins existing which are best for investing. The only fact is, bitcoin still blowing up and many people never tired of waiting and said to be a "bitcoin fan" or "bitcoin believers".

barrystark

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Bitcoin is the best cryptocurrency today, bitcoin will be the coin of the future ,im pretty sure

MAHNOOR

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Quote from: wisdomcn on October 27, 2017, 06:59:53 AM

Indeed as the popularity of and demand for online currencies increases since the inception of bitcoin in 2009, with a such an unregulated person to person global economy that cryptocurrencies offer has displayed a marked lack of regulation that attracts many users who seek decentralized exchange and use of currency.

Those who know the real meaning and use of bitcoin they get the profit and change their life while those who don’t know the value of their future and use of bitcoin then they will not succeeded and they will face lot of problems in life so that’s why bitcoin came to the real world and people getting profit and making their future.

sana gull

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Quote from: iamTom123 on October 27, 2017, 05:44:53 AM

We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...there are new versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.

There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).

Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities or features which can convey to us that indeed Bitcoin is the future.

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?

I don’t think so bitcoin is always the best because many if life changes with bitcoin and also many people use bitcoin for online work which is not able in real life and effect their life that’s why I don’t see bitcoin useless, bitcoin is a digital cryptocurrency and make a lot of difference in real life. And those who consider bitcoin useless they don’t know the real meaning and use of bitcoin.

cluit

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Quote from: Maveth13 on October 27, 2017, 09:33:18 AM

Bitcoin will most likely stay on top just because it is the first and most trusted. People won't just suddenly have the idea to drop out from bitcoin at the same time, as long as the price is fluctuating, bitcoins market will keep sustaining itself. Yes you are right that bitcoin is not the best at everything, and that's good, that means we have a lot to improve. All these coins you've mentioned are good at their specific purposes, and having these coins alongside bitcoin would help develop cryptocurrencies as a whole.

Yes bitcoin is the top most cryptocurrency of this world this is just because of people faith and believe in it people invest into it just because the profit rates are so high and the deliverance is also at the top that’s why there is more trend in investing into bitcoin and in short those who are asking it is not best they must be haters and bitcoin will answer them with the price in future so wait and watch for the war.

aardvark15

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Quote from: tigervn on October 27, 2017, 05:59:06 AM

Bitcoin is not the best but in my opinion it will last a long time in the future. Because it is recognized around the world, in limited quantities, bitcoin is becoming increasingly scarce, causing its value to increase. This makes bitcoin always the number one.

I agree that Bitcoin isn’t the best cryptocurrency but it had a big advantage being the first. It’s hard to differentiate the hundreds of other coins to the point that there is a consensus for the one that should take over as leader. It may never happen because people have different opinions about which one is best. By default, Bitcoin will have a higher market cap for the foreseeable future. Name recognition plays a major role in its success.

webtricks

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The failure of Bitcoin on various fronts is the basis of invention of new coins. Suppose if Bitcoin would perfect coin then could we see such huge number of coins as being created every other day?
But keeping all factors aside, Bitcoin will be first cryptocurrency forever and no other coin could take that title from it. Therefore it attracted first mover advantage and such a big community. I doubt if any other coin could work perfectly without the problem of scalability if used on such large scale. So it's wrong to compare other coins with Bitcoin when other coins are being used on very low scale compare to what Bitcoin does.

Maveth13

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Bitcoin will most likely stay on top just because it is the first and most trusted. People won't just suddenly have the idea to drop out from bitcoin at the same time, as long as the price is fluctuating, bitcoins market will keep sustaining itself. Yes you are right that bitcoin is not the best at everything, and that's good, that means we have a lot to improve. All these coins you've mentioned are good at their specific purposes, and having these coins alongside bitcoin would help develop cryptocurrencies as a whole.

TanyaDegurechaff

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They say a thin line separates genius and madness.

Everything needs a standard for it to be recognize as a whole and that what has bitcoin done for the cryptocurrency. So even there are features that other coins have that bitcoin doesn't it is still considered the best because those altcoins are depending on bitcoin to for its value. remember if bitcoin is down altcoins goes down too. And you cannot cash out altcoins without first turning it into btc and that reason alone is enough to name bitcoin the best.

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