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Topic: Bitcoin is still the favorite choice - page 7. (Read 2437 times)

full member
Activity: 826
Merit: 100
July 13, 2021, 01:29:32 PM
The richest investors in the world definitely choose bitcoin as their favorite crypto currency because bitcoin is the first crypto currency created by Satoshi Nakamoto and bitcoin is also a cryptocurrency that is liked by everyone because the price of bitcoin continues to rise from year to year. In some countries also have accepted bitcoin as a means of payment and there are also some applications that use bitcoin as a legal tender.
For investors, of course, seeing the opportunity for bitcoin, they will be interested in making it the main investment tool in cryptocurrency. although it has great volatility, but bitcoin is a safe investment in my opinion. we can see from the beginning until now the graph has always been uphill, and it is very likely that this will continue to rise as more people adopt it
legendary
Activity: 1974
Merit: 1150
July 13, 2021, 01:20:09 PM
Bitcoin still dominate the market cap at over 43% currently based on coingecko data. It is clear that bitcoin is still one of the favorite asset for investor and trader today and we know that the adoption of bitcoin as a legal tender is also on the rise so far. The current total market cap for bitcoin is $615,454,038,928, this should be a fact that bitcoin is the favorite. If you decide to invest in crypto, then bitcoin should be in your portfolio.

~Snip
bitcoin is also a cryptocurrency that is liked by everyone because the price of bitcoin continues to rise from year to year.
Not everyone likes bitcoin because of its price, but some of them are more concerned with its usefulness or what is called innovation. You need to know that countries that legalize bitcoin as legal tender in my opinion don't really care at what price bitcoin is traded, but that's because of its innovation as a currency or mean of payment.
legendary
Activity: 2982
Merit: 1028
July 13, 2021, 12:05:00 PM
No wonder if most of people still put most of their money into bitcoin because bitcoin is the pioneer for any other altcoins. Being the first in cryptocurrency it means a lot and most of the alts still following the bitcoin move. So no wonder if bitcoin still become the favorite.
There is nothing surprising in everyone's choice of bitcoin is the king of the crypto market and tops all currencies. Everyone's choice to invest in bitcoin currency is very profitable and there is no chance of being scammed even if the price goes down the price doubles later.

That kind of hope that after the value falls bounce will take place giving good opportunities to everyone,

Bitcoin still holding that title and for sure it will remain as it is, investors and traders will continue to seek for Bitcoin as good asset for both long and short-term even they already have alts investment. Most of the time those long-term holders really enjoy receiving better profits for trusting this coin.
full member
Activity: 812
Merit: 108
July 13, 2021, 11:49:46 AM
Indeed. It’s still the undisputed king of cryptocurrencies and the odds as the favorite. We would never be here if it weasn’t for Bitcoin. Altcoins wouldn’t exist without Bitcoin. We just have to be thankful to Satoshi Nakamoto for creating Bitcoin and here we are today. The future looks bright for this one, the almighty and “King of Kings” of the crypto world! These pullbacks and FUD are just short term. Bitcoin is here to stay forever.
I don't think that there can break the Bitcoins power for the next 5 years more. There are tons of cryptocurrencies had been created and offering but nothing get even close to the capitalization and the value of Bitcoin so indeed there are no other favorite but Bitcoin.

A lot of people don't realize, how bitcoin is the safest option on the market if not how it has overcome its challenges.  They also mistakenly think that they can wait to buy a lower price like 2018,2019 but it will be different, and they will regret it.  An open opportunity for bitcoin to go to $100k this year.
GBTC( Grayscale) already has an ETF service provider, it's just... a lot of people are waiting for a price reversal this July! Grin
https://cointelegraph.com/news/bny-mellon-to-provide-etf-services-for-grayscale-s-bitcoin-trust
jr. member
Activity: 139
Merit: 5
July 13, 2021, 11:30:16 AM
Absolutely. I'm holding 70% of my crypto investments in BTC. The only crypto that can be better someday is ETH.
sr. member
Activity: 1218
Merit: 279
July 13, 2021, 10:57:50 AM
No wonder if most of people still put most of their money into bitcoin because bitcoin is the pioneer for any other altcoins. Being the first in cryptocurrency it means a lot and most of the alts still following the bitcoin move. So no wonder if bitcoin still become the favorite.
There is nothing surprising in everyone's choice of bitcoin is the king of the crypto market and tops all currencies. Everyone's choice to invest in bitcoin currency is very profitable and there is no chance of being scammed even if the price goes down the price doubles later.
Despite getting Bitcoin banned in some countries, Bitcoin still remain the king of cryptocurrencies. I think one of the reason people invest in Bitcoin is because no matter how low the price goes, it always bounce back and rises to a higher price. And also, it's very secure.
sr. member
Activity: 1414
Merit: 326
July 13, 2021, 09:20:22 AM
No wonder if most of people still put most of their money into bitcoin because bitcoin is the pioneer for any other altcoins. Being the first in cryptocurrency it means a lot and most of the alts still following the bitcoin move. So no wonder if bitcoin still become the favorite.
There is nothing surprising in everyone's choice of bitcoin is the king of the crypto market and tops all currencies. Everyone's choice to invest in bitcoin currency is very profitable and there is no chance of being scammed even if the price goes down the price doubles later.
sr. member
Activity: 2436
Merit: 455
July 13, 2021, 09:01:12 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


I agree. Bitcoin was able to withstand all the challenges thrown at it over the past years. Despite the rumors, schemes, and scams, painted on its name, bitcoin was able to bounce back from the mud to the sky. It has shown its potential from the very beggining until today. Its popularity isn't just a hype, but a worthy one most especially whenever you buy the dip because you can gain more as time passes by. Bitcoin has been one of the top investments of every social classes may you be rich, average, or poor.

You can never go wrong in bitcoin. Once its value crashes down, it's the best time to buy as much as you can and hodl until the moment you need funds. Although it is known to be volatile (all crypto is), you can still savor the fruit of your patience once its position pumps. No wonder bitcoin is the crowd's favorite. It indeed passed the test of time. Its value's potential to rise is undeniably strong to happen in the future.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 13, 2021, 07:36:38 AM
Indeed. It’s still the undisputed king of cryptocurrencies and the odds as the favorite. We would never be here if it weasn’t for Bitcoin. Altcoins wouldn’t exist without Bitcoin. We just have to be thankful to Satoshi Nakamoto for creating Bitcoin and here we are today. The future looks bright for this one, the almighty and “King of Kings” of the crypto world! These pullbacks and FUD are just short term. Bitcoin is here to stay forever.
That's an overstatement, if bitcoin wasn't invented, pretty sure that there's going to be some people along the way that will think of a concept to do create another first cryptocurrency. I think bitcoin has the biggest potential of them all because it's the oldest cryptocurrency in the market thus we can be sure that the potential of bitcoin is pretty much limitless.
I don't think that someone like Satoshi could have the same market perspective and create the same thing. Bitcoin remains unique among cryptocurrencies and that gives the odds that people had to choose Bitcoin because of its market features. A good and profitable investment? Now, we are considering that Bitcoin will widely be considered as a legal currency as what the creator dreamed about. 
jr. member
Activity: 70
Merit: 2
July 13, 2021, 07:28:12 AM
Bitcoin is considered the ultimately (and in many ways the 'only' in comparison to others) store of value. So long as this narrative persists bitcoin will be the top dog in the space. Bitcoin has the most significant time advantage in crypto and this is not a factor that can be overcome other than in a significant amount of time. So yes, for the foreseeable future, bitcoin remains king.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
July 13, 2021, 06:46:52 AM
#99
Indeed. It’s still the undisputed king of cryptocurrencies and the odds as the favorite. We would never be here if it weasn’t for Bitcoin. Altcoins wouldn’t exist without Bitcoin. We just have to be thankful to Satoshi Nakamoto for creating Bitcoin and here we are today. The future looks bright for this one, the almighty and “King of Kings” of the crypto world! These pullbacks and FUD are just short term. Bitcoin is here to stay forever.
I don't think that there can break the Bitcoins power for the next 5 years more. There are tons of cryptocurrencies had been created and offering but nothing get even close to the capitalization and the value of Bitcoin so indeed there are no other favorite but Bitcoin.
member
Activity: 1120
Merit: 68
July 13, 2021, 06:24:06 AM
#98
Indeed. It’s still the undisputed king of cryptocurrencies and the odds as the favorite. We would never be here if it weasn’t for Bitcoin. Altcoins wouldn’t exist without Bitcoin. We just have to be thankful to Satoshi Nakamoto for creating Bitcoin and here we are today. The future looks bright for this one, the almighty and “King of Kings” of the crypto world! These pullbacks and FUD are just short term. Bitcoin is here to stay forever.
That's an overstatement, if bitcoin wasn't invented, pretty sure that there's going to be some people along the way that will think of a concept to do create another first cryptocurrency. I think bitcoin has the biggest potential of them all because it's the oldest cryptocurrency in the market thus we can be sure that the potential of bitcoin is pretty much limitless.
hero member
Activity: 2282
Merit: 659
Looking for gigs
July 13, 2021, 06:17:17 AM
#97
Indeed. It’s still the undisputed king of cryptocurrencies and the odds as the favorite. We would never be here if it weasn’t for Bitcoin. Altcoins wouldn’t exist without Bitcoin. We just have to be thankful to Satoshi Nakamoto for creating Bitcoin and here we are today. The future looks bright for this one, the almighty and “King of Kings” of the crypto world! These pullbacks and FUD are just short term. Bitcoin is here to stay forever.
sr. member
Activity: 2828
Merit: 344
win lambo...
July 13, 2021, 04:20:50 AM
#96
It cannot be denied that bitcoin is the first pick of everybody, and while the situation isn't back to where it was let's all save every coins and don't waste it for non sense. Popularity kept growing despite of every challenges, that why my I am devoted to hold bitcoin and made it a priority of all my holdings. Though I had some altcoins, but this currency made me learned a lot of financial literacy as I got older in crypto.
we can go back mate to the time where btc price is cheaper but not to the time where btc is valued at a cent or lower than that because not all are willing to sell all thier btc's but this shouldnt be a reason to recklessly spend our btc because waiting times could be much longer than what we are expecting .
also not all that who know crypto has chose btc first but they will soon realized it that btc is more valueable than any other coin .
The truth is that they will never choose Bitcoin until such a time that someone could prove it. The word Bitcoin and cryptocurrency, in general, has been known on the internet. It comes to this time that most of people are having interest in Bitcoin and it becomes their favorite because of its price, not how it is valued in our lives and in the future. Well, they are right as we can really make money from investing in Bitcoin far from how altcoins can give us.

full member
Activity: 1638
Merit: 122
July 13, 2021, 01:31:32 AM
#95
It cannot be denied that bitcoin is the first pick of everybody, and while the situation isn't back to where it was let's all save every coins and don't waste it for non sense. Popularity kept growing despite of every challenges, that why my I am devoted to hold bitcoin and made it a priority of all my holdings. Though I had some altcoins, but this currency made me learned a lot of financial literacy as I got older in crypto.
we can go back mate to the time where btc price is cheaper but not to the time where btc is valued at a cent or lower than that because not all are willing to sell all thier btc's but this shouldnt be a reason to recklessly spend our btc because waiting times could be much longer than what we are expecting .
also not all that who know crypto has chose btc first but they will soon realized it that btc is more valueable than any other coin .
sr. member
Activity: 1484
Merit: 277
July 12, 2021, 06:59:21 PM
#94
It cannot be denied that bitcoin is the first pick of everybody, and while the situation isn't back to where it was let's all save every coins and don't waste it for non sense. Popularity kept growing despite of every challenges, that why my I am devoted to hold bitcoin and made it a priority of all my holdings. Though I had some altcoins, but this currency made me learned a lot of financial literacy as I got older in crypto.
full member
Activity: 784
Merit: 100
July 12, 2021, 06:16:49 PM
#93
With the fact that bitcoin is the most popular cryptocurrency and also the oldest, bitcoin still stands as the most preferable because of it's potentials. Bitcon within the years had faced many challenges but still breaked through, bitcoin is just like the father making way for his children, bitcoin will keep increasing in it's value because more people are getting to know about crypto and first of all learns about bitcoin first before moving to altcoin.
sr. member
Activity: 784
Merit: 252
July 12, 2021, 01:48:17 PM
#92
it is very clear that bitcoin is one of the assets that has a lot of enthusiasts because if you look at the intense sales, bitcoin is one of the most admired ones. this is inseparable from the quality and consistency of bitcoin itself.
if we look from several years there has always been bad news here especially during the 2017 decline and even the last few weeks but the consistency of bitcoin is so strong that they remain one of the dreams even though there are so many who want to undermine both the fud and the government ban but still a lot of fans.
why this can happen because people are starting to think that bitcoin is one of the bright future prospects so they remain loyal even though there are a lot of disturbances from several parties
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
July 12, 2021, 12:59:43 PM
#91
bitcoin remains a favorite even though many people make oblique issues about bitcoin but bitcoin is still a lot of people believe for me bitcoin is the king of other alcoins I have been monitoring the price of bitcoin followed by other coins for example if the price of bitcoin goes up then the price of alcoin also goes up.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
July 12, 2021, 10:59:19 AM
#90
We can also add that bitcoin had a  global usage compare to other altcoin so I really  expect that this will be the main choice since there are so many things we can do to our bitcoins now also the adoption  keeps growing so we can expect that it will dominate more in the market. Also bitcoin is the face of crypto so the first impression of people always with bitcoin and they will love to stick with it due to its  profitability or other things we can use on  it.
Overall, bitcoin has indeed become global and has become the subject of adoption by several large institutions, unlike altcoins that only rely on the products they develop, the rest are only small investors who dare to hold other altcoins.

Bitcoin will continue to be the main goal of other big parties who say its positive and bad therefore we can only judge the good on bitcoin because it has been in crypto for a long time then our belief that bitcoin has a good future in a long time with developments and technology blockchain will one day become more widely adopted by others.
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