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Topic: Bitcoin is the only trusted cryptocurrency (Read 1902 times)

legendary
Activity: 1442
Merit: 1025
July 20, 2016, 11:29:11 AM
#56
Bitcoin is byfar the most superior among all the crypto coins since bitcoin is far ahead in advancements.
It also already has been adopted and integrated by major companies such as Microsoft, Samsung, Steam, and many others.
This only proves the fact that bitcoin is yet the best and only trusted crypto.
legendary
Activity: 2786
Merit: 1031
Onecoin is a scam and people should be warned about that.

Check here: OneCoin Event Gets Crashed by Bitcoin Uncensored – Interview https://bitcointalksearch.org/topic/onecoin-event-gets-crashed-by-bitcoin-uncensored-interview-1556438
sr. member
Activity: 533
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
bitcoin is trusted for me but bitcoin is not the only trusted crytocurrency .. u say that because many inevstors or people trust in bitcoin.. but there a other are trusted
hero member
Activity: 714
Merit: 531
There a more trusted cryptocurrency that can compare to bitcoin but bitcoin still number one in digital currency because bitcoin can use in every thing which some cryptocurrency can not offer that. Bitcoin is trusted but not means you need to put all your money in bitcoin to earn a lot of money there are possibility to disappear but we need to believe it will go last.
legendary
Activity: 1344
Merit: 1006
There's a lot of user of Bitcoins compared to other cryptocurrency. Other cryptocurrency lasts for only a few months and after that they are forgotten like a trend, here today gone tomorrow. Much better if developers will only concentrate on developing Bitcoin and help make this mainstream rather than create alt coins.
hero member
Activity: 1022
Merit: 500
I beg to disagree that Bitcoin is the only trusted cryptocurrency, Though I can't denied that bitcoins is the no.1 trusted crypto currency, but  there are some altcoins that can be trust too, though the price is not that high than a price of bitcoin has. Wink
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

What are you talking about? Facebook wasn't the first social network at all. About social networks - do you remember Friendster or most notable - MySpace?
Same thing with Google it wasn't the first or even 5th search engine! - how old are you? Before google we had: Infoseek, Altavista, Yahoo, HotBot, LookSmart etc. and many more.

And word of clarification here - companies are not the same entities as monetary systems - such as BTC at all. You can't compare them directly.

It's an appalling comparison indeed and it isn't remotely valid anyway. The more money goes in, the greater the incentive there is to stick to it.

No one other than shareholders and employees had any stake in the success of all the dead sites that have gone before. All they had to do was click elsewhere to the latest sensation.

It's the polar opposite for crypto so something tumultuous would have to happen for Bitcoin to be usurped. It's still early enough in the game to be possible but grows ever more unlikely for each day that it's above ground.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
If you only trust bitcoin to be trusted cryptocurrency, i dont agree with you
I still have another cryptocurrency that i trust it, its called dogecoins. I trust it and still use it cause it has fast transaction also only take 1 doge as fee it less than 50 sat

I agree DOGE is fun and fast w/ low fees.
Bitcoin is not the only "trusted" coin.
Well i agree dogecoin is one of the trusted crypto also i think litecoin  the other like ethereum or monero are not trustable..
it maybe will crash just like ethereum problem with dao..
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
If you only trust bitcoin to be trusted cryptocurrency, i dont agree with you
I still have another cryptocurrency that i trust it, its called dogecoins. I trust it and still use it cause it has fast transaction also only take 1 doge as fee it less than 50 sat

I agree DOGE is fun and fast w/ low fees.
Bitcoin is not the only "trusted" coin.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
I think btc is the most trusted but not the only trusted one. Altcoins seem quite promising to me
legendary
Activity: 1456
Merit: 1023
Yes, this is the only trusted currency in cryptocurrency world. There are some other cryptocurrencies there, but no one will give competition to this Bitcoin. This is very user-friendly currency. But why our government is not allowing this currency as legal I don't know the exact reason. People say because of no tax they are not accepting. But I agree 100% that Bitcoin is the most trustable cryptocurrency.
legendary
Activity: 994
Merit: 1000
I think there is no need of any copy cat of bitcoin if they are not providing any additional feature that bitcoin don't have. Specific country based coins can bloom within one country however those coins are not really a decentralized one and government may find it just another ponzi scheme. But if every country start legalizing bitcoin to fiat and fiat to bitcoin exchange than these types of coin will not have any space there.
legendary
Activity: 1904
Merit: 1074
But my goverment still not trusted on bitcoin because bitcoin as they said can be use for terorism activity. And the fact is my country, my people mental are easily being instigated by ISIS so my goverment take a wise action to make bitcoin still not legal at my place

Your country is wrong, because it's a known fact that nobody has found proof that Bitcoin has ever been used to fund terrorism. This has been something that has been blown out of proportion by the

media and the shills and most of that is lies. The facts are more fiat {cash} and other commodities like gold and silver and antiquities are being used to fund terrorism world wide. Do not believe all the

nonsense published, almost all of that are being fabricated to attract viewers and to sell papers.  Roll Eyes .. Bitcoin is the most trusted Crypto currency and other Alt coins are more suitable for these dark

uses.  Angry
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
Yeah as of now bitcoin is the only trusted cryypto currency if we compaire to other altcoin..
and we already use bitcoin and many stores are accepting bitcoin as payment.. not only we trade those bitcoin outside in this forum many sites any many people know about bitcoin..  if you stay at altcoin you are in risk.. most of them are shit coins.
hero member
Activity: 1022
Merit: 511
bitcoin is definitely the first, the largest and the most using crypto currency. but it is not only trusted cryptocurrency. there are lots of crypto currency available and they are working for quit long time..
like dogecoin, litecoin, dash, peercoin. lisk. etc.
bitcoin not trusted much it also have big risk when u do trade otherwise bitcoin is the best wallet.. use desktop wallet u never be face scamming or hack..... !

desktop wallets are also not save. if you loose your software or hardware. then you can also loose your bitcoins. but loosing some coins doesn't prove bitcoin is not trusted.
legendary
Activity: 1274
Merit: 1001
But my goverment still not trusted on bitcoin because bitcoin as they said can be use for terorism activity. And the fact is my country, my people mental are easily being instigated by ISIS so my goverment take a wise action to make bitcoin still not legal at my place
legendary
Activity: 1400
Merit: 1001
Yes, but bitcoin isn't only trusted cryptocurrency, it's most trusted cryptocurrency. The main reason of it's popularity is that it's first. Almost every first released innovation idea is most trusted and popular. For example why is fb popular? Becouse it's almost first, I can say the same about amazon and google and etc.
What are you talking about? Facebook wasn't the first social network at all. About social networks - do you remember Friendster or most notable - MySpace?
Same thing with Google it wasn't the first or even 5th search engine! - how old are you? Before google we had: Infoseek, Altavista, Yahoo, HotBot, LookSmart etc. and many more.

And word of clarification here - companies are not the same entities as monetary systems - such as BTC at all. You can't compare them directly.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Yes, but bitcoin isn't only trusted cryptocurrency, it's most trusted cryptocurrency. The main reason of it's popularity is that it's first. Almost every first released innovation idea is most trusted and popular. For example why is fb popular? Becouse it's almost first, I can say the same about amazon and google and etc.
hero member
Activity: 938
Merit: 1000
At this case, I will presume that the only trusted coin is bitcoin. What are your thoughts on this? Do you agree with me?

Trusted by whom? Altcoins are trusted by (at least part of) their supporters as well. The main difference compared to Bitcoin is the much smaller number of people that trust in these altcoins.

It is correct that altcoins are generally viewed with more skepticism, because there have been a large number of premine and other scams related to them. However there are also serious contenders among them. The reason that even these coins fail to gain prominence is not related to trust issues. The primary reason is that Bitcoin is simply too dominant to allow for the existence of equally important altcoins. The network effect of Bitcoin as a first mover draws in all resources in terms of developer talent, liquidity, and market acceptance. Even for perfectly sincere new altcoins it is extremely difficult to withstand this effect and grow longer term.

ya.ya.yo!

There are people who haven't even heard of Bitcoin who wouldn't trust it because it's an unknown to them. Other people have heard of Bitcoin but know nothing about it, and don't know that altcoins exist.

In this community Bitcoin generally has the most trust, and the altcoins have progressively less trust as their market caps get progressively smaller.

The existing users are using it only because they have faith in it and bitcoin is better in compare to other coins, but we can't expect the same from the people have are not aware about bitcoin yet, as they may think that bitcoin is a scam.
Pab
legendary
Activity: 1862
Merit: 1012
Onecoin is scam coin and ponzi scheme,80% of alts are hype coins,but there are few what are already long time on market and thay are doing well,so there is not only bitcoin
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