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Topic: Bitcoin is still the favorite choice - page 5. (Read 2434 times)

hero member
Activity: 1834
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Rollbit.com ⚔️Crypto Futures
July 18, 2021, 03:33:21 PM
Naturally this happens because of herd mentality and because you read about it or someone gave you a brief background and ended up saying something in the lines of bitcoin is the number one coin, you won't think twice upon hearing this... and all you will want is bitcoin.

But once you have spent some time knowing how the crypto ecosystem is built and how btc got to that spot....btc won't always be your favorite!
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
July 18, 2021, 12:06:23 PM
for me personally bitcoin is the king of other alcoi so the king really deserves to be a favourite, why do i say bitcoin is king because i see every bitcoin price goes down all other alcoins also go down and vice versa if the price of bitcoin goes up the price of alcoin also goes up so i conclude bitcoin is the king, do you agree with me? give positive comments.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
July 18, 2021, 04:35:17 AM
Yeah, Bitcoin is still the number one choice of so many people. People trust Bitcoin more than the other cryptocurrencies because it seems more credible as it's the longest lasting cryptocurrency in the market now. And especially HODLers prefer to invest into Bitcoin. There have been many HODLers who have got rich so far.
And there are also many holders that have lost their patience and faith in bitcoin and regret selling their bitcoin at the lowest. It's so far that no other crypto can beat bitcoin. It's been so long that many have discussed its possible replacement but there's no one that can be compared to bitcoin. They talk about how slow and expensive the tx fees but still it's still at the top and fees have became lower as they've complained about it.
hero member
Activity: 2030
Merit: 402
July 17, 2021, 06:22:02 PM
Yeah, Bitcoin is still the number one choice of so many people. People trust Bitcoin more than the other cryptocurrencies because it seems more credible as it's the longest lasting cryptocurrency in the market now. And especially HODLers prefer to invest into Bitcoin. There have been many HODLers who have got rich so far.
full member
Activity: 1848
Merit: 158
July 17, 2021, 06:00:15 PM
I think people will always look up to bitcoin first even if they want to invest to altcoins. Bitcoin is the father of all the coins so I think it is absolutely the favorite choice over the cryptospace. Also bitcoin will become the guidance when we look at the market price.

If you ask noncrypto users, if they know crypto - the first thing that will come up to their mind is bitcoin. Crypto is like synonymous with bitcoin for them. But if you start asking about other alts like eth, xrp and others, they are not very well-informed of other alts. Most merchants also are accepting btc as payment method as this is the top choice of most users. However, the truth is there are other alts with very cheap fees like TRX or XRP. But people are acquainted more of the existence of btc rather than other alts. It seems that they trust more btc even if it has quite expensive fees.
sr. member
Activity: 518
Merit: 250
LIVECASINO
July 17, 2021, 11:17:52 AM
Bitcoin is still the favorite of many people because it's the oldest cryptocurrency in the market. That's why many people meet Bitcoin first when they enter the market and make an investment into it. I don't say that Bitcoin is the first choice of all the people of course. Especially experienced people look for different coins to invest into too.
it's true as you said, bitcoin is still the favorite choice, because bitcoin is the oldest of all bitcoins, that's why everyone is still interested in bitcoin, even though there are people who invest in other bitcoins, I think they all do that just to find extra ,but basically they only focus on bitcoin..
newbie
Activity: 264
Merit: 0
July 17, 2021, 05:26:30 AM
Bitcoin is king of crypto currency. Everyone loves on Bitcoin because The reason is quite simple, Bitcoin is the most secure Crypto from other coins.At present price of Bitcoin is not good but it,s demand is very high.I think Bitcoin is still the favorite choice in crypto market.
full member
Activity: 1946
Merit: 112
July 17, 2021, 05:21:05 AM
An important reason for Bitcoin's popularity is that it has withstood the test of time. No digital currency has experienced so many ups and downs like it. It has been discussed many times around the world, and  tenacity of its vitality also proves its value from the side.
Moreover, Bitcoin is the most widely-consensus digital cryptocurrency, and it has a strong international circulation. The total amount of Bitcoin is constant at 21 million, and it is halved about every four years. It is scarce. In addition, Bitcoin is a peer-to-peer transaction transmission, free from the intervention of various institutions, and can circulate around the world. You can send your Bitcoin to any corner of the world. Coupled with the fact that Bitcoin has higher returns than gold. Digital currency or encrypted assets represented by Bitcoin is the general direction of the development of the entire financial industry.
The great investor's enthusiasm over Bitcoin is based on its overall progress during last decade, it is proven only crypto asset that surpasses the expectation of investors and breaks the previous record highs. And bitcoin has been presented to the world to comply with the general trend of economic globalization.

https://medium.com/cryptocurrencies-ups-and-down/bitcoin-is-still-the-favorite-choice-598d15fde96f


Indeed, if you analyze the situation around BTC, you can see that this is the only cryptocurrency that was able to withstand all falls and give its holders the greatest profit. The one who already understood this, then buys and holds his BTC, because he knows that this particular cryptocurrency will bring him profit. BTC is like gold, it always has value.
jr. member
Activity: 104
Merit: 1
July 17, 2021, 05:12:06 AM
I love Bitcoin, but it's not my favorite. Bitcoin is still the favorite choice because it's the face of cryptocurrency. I know, it's just a matter of time -- adaptation of crypto projects with real use cases like MATIC and ADA would become more and more popular. Also in DeFi gaming, people would then be interested in playing crypto games because they can play to earn and also sell their NFT, like AXIE, TLM and $ANRX
member
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July 16, 2021, 11:53:25 PM
at this time we can say that bitcoin got such a terrible shock from its haters, especially from economists who really don't like bitcoin, plus the government ban but for me it has absolutely no effect on the crypto world as the example is still very much interested who likes bitcoin and is still a favorite to this day, maybe the factor is more inclined to the way it works which is more transparent and open, especially for beginners
we do have to realize that bitcoin is indeed controversial, there are many pros and cons. let people say what, what is important for us who feel we can take the benefits and advantages from here then do it as best as possible by being ready to accept any risk. I realized one thing, involved or not is the right of each because many people have their own opinions and tendencies. bitcoin will always be an option, it's an innovation to solve a problem that fiat can't solve. more open and transparent systems also have fans who don't like to be tied down and involved in complicated administrative affairs.
I am currently a supporter of bitcoin, because this business can improve the welfare of my family. many people are against bitcoin, with a negative view they don't seem to want to get out of the safe zone. but for me the times will continue to move and we must be ready for the changes. in cryptocurrency synonymous with bitcoin, because most people most trust bitcoin to be the parent of cryptocurrencies
legendary
Activity: 2716
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Rollbit.com | #1 Solana Casino
July 16, 2021, 09:15:28 PM
yes of course currently bitcoin is still an idol for many traders because bitcoin can be used to make any transaction -snip-
But with a note that Bitcoin is legalized in that country to be used as a legal tender for all transactions.
For some countries that do not legalize bitcoin, bitcoin is not allowed to be used as a means of payment.
Regulations in each country are different.
full member
Activity: 896
Merit: 108
July 16, 2021, 06:22:14 PM
at this time we can say that bitcoin got such a terrible shock from its haters, especially from economists who really don't like bitcoin, plus the government ban but for me it has absolutely no effect on the crypto world as the example is still very much interested who likes bitcoin and is still a favorite to this day, maybe the factor is more inclined to the way it works which is more transparent and open, especially for beginners
we do have to realize that bitcoin is indeed controversial, there are many pros and cons. let people say what, what is important for us who feel we can take the benefits and advantages from here then do it as best as possible by being ready to accept any risk. I realized one thing, involved or not is the right of each because many people have their own opinions and tendencies. bitcoin will always be an option, it's an innovation to solve a problem that fiat can't solve. more open and transparent systems also have fans who don't like to be tied down and involved in complicated administrative affairs.
sr. member
Activity: 882
Merit: 252
July 16, 2021, 10:55:26 AM
at this time we can say that bitcoin got such a terrible shock from its haters, especially from economists who really don't like bitcoin, plus the government ban but for me it has absolutely no effect on the crypto world as the example is still very much interested who likes bitcoin and is still a favorite to this day, maybe the factor is more inclined to the way it works which is more transparent and open, especially for beginners
member
Activity: 350
Merit: 10
July 16, 2021, 10:25:41 AM
Bitcoin is the main coin in Cryptocurrency, I believe every party who will adopt Crypto then Bitcoin is the first choice they choose before choosing other Crypto. 
The reason is quite simple, Bitcoin is the most secure Crypto from other coins.
What I mean is safe here is about the price, Bitcoin price has the best potential.  Even though it is now down, Bitcoin has a very high upside potential than any other coin.
hero member
Activity: 1260
Merit: 510
July 16, 2021, 10:04:29 AM
Bitcoin in recent months is indeed facing a lot of criticism and severe treatment by world powers where they have to treat the world's financial system, and bitcoin is a decentralized system and trusted peer to peer transactions. even though the price of Bitcoin is currently falling and people are more attracted to altcoins, Bitcoin is still the most popular crypto asset and has a large market cap.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
July 16, 2021, 09:22:43 AM
proven until now bitcoin is still phenomenal. In fact, many companies have started to adopt bitcoin as payment. this clearly shows that bitcoin can be one of the favorites and also profitable for many parties
I totally agree with you yesterday that China banned bitcoin but China's ban had no effect on big companies. The proof is that there are still big companies adopting bitcoin. It's proven that bitcoin is getting phenomenal and like you said bitcoin is a very good asset for the future.
full member
Activity: 827
Merit: 100
July 16, 2021, 09:09:03 AM
proven until now bitcoin is still phenomenal. In fact, many companies have started to adopt bitcoin as payment. this clearly shows that bitcoin can be one of the favorites and also profitable for many parties
sr. member
Activity: 1876
Merit: 318
July 16, 2021, 09:08:27 AM
That was obvious as we all come in crypto looking for Bitcoin, not altcoins to invest. And despite the number of altcoins are growing and the surge of market competition, Bitcoin still remain on top and continue to dominate the market. This can never be changed and that was clear to see that the altcoins are still dependent on Bitcoin. Of what had Bitcoin does for several years, it gives a reason why the community will choose this coin despite the fluctuating price and sometimes long confirmation of the transaction, and also high fees.

Almost everyone when they first get to know cryptocurrencies start by buying Bitcoins instead of altcoins. This is very reasonable considering that
Bitcoin is the most popular and always dominates the market. In fact, most institutions choose Bitcoin as an option for investment, because they
think Bitcoin has the best potential compared to altcoins. Especially if we look at the market, almost all altcoins follow the movement of Bitcoin.
This means that Bitcoin is the favorite choice of most people.
 

member
Activity: 602
Merit: 11
July 16, 2021, 08:34:33 AM
Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.
I think otherwise this is the right time to speculate and also do short-term trading a matter of hours or days to get a profit even though the profit is not big but it's better than waiting for the moment to buy which takes a bit longer
for me, it is more advisable to do mining at this time because your money will spin faster while waiting for the moment to get the best price.
right, with the current situation, for those who always want to move, trading is the best way to earn money, if we can be consistent I think in a month it will be big too. besides that with mining there seems to be no risk, but indeed we need initial capital for the device. Besides that, every month the electricity bill will increase, but I don't think it's a problem
member
Activity: 753
Merit: 15
mulierum.com
July 16, 2021, 08:14:57 AM
Bitcoin is still the favorite coin and it will be. Many people think that too because that is the reality. Btc has gone through various times and is currently growing in popularity. That's not unusual considering that btc is the parent of crypto coins. As a crypto lover must have followed btc's journey and that's why btc is currently high in price. I hope btc and other coins will recover soon and bounce back. I've been waiting for this for a long time and I hope it will happen soon. Investing in btc is a profitable investment where we can get big profits too. Imagine investors used to buy btc at a low price and see how much btc is currently in the market. That's why I say investing in btc and other crypto can be profitable but indeed we have to wait for some time.
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