Author

Topic: can anyone explain to me - (Read 829 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
November 13, 2013, 01:44:10 PM
#11
most and best devs and network effect. second best is Litecoin.
legendary
Activity: 1162
Merit: 1007
November 13, 2013, 12:15:22 PM
#10
Why bitcoin worth more than other digital currencies ?
If anyone can now use the infrastructure of bitcoint and create a new coin , what makes the bitcoin so special Huh?


The infrastructure of bitcoin is now so much more than the code base.  
global moderator
Activity: 3794
Merit: 2612
In a world of peaches, don't ask for apple sauce
November 13, 2013, 12:14:21 PM
#9
So this is a very bad reason
Altavista were the first search engine until Google came....
That's the only thing that makes bitcoin so worthwhile ?
I did mentioned another thing. See bold text bellow:

Bitcoin was the first. It was the one from which all other coins were created. The original idea (or the best implementation which still is Bitcoin) always gets the credit, while others just bite the dust. Grin
newbie
Activity: 5
Merit: 0
November 13, 2013, 12:12:37 PM
#8
It also has the best name.
hero member
Activity: 602
Merit: 500
R.I.P Silk Road 1.0
November 13, 2013, 12:05:35 PM
#7
It has the most users and investors.
sr. member
Activity: 434
Merit: 251
November 13, 2013, 12:00:55 PM
#6
It was the first all the other ones are copycats Smiley
sr. member
Activity: 260
Merit: 250
November 13, 2013, 11:59:07 AM
#5
So this is a very bad reason
Altavista were the first search engine until Google came....
That's the only thing that makes bitcoin so worthwhile ?
No.  Being the first is what got bitcoin going.  Having the set of attributes that bitcoin has (which I am not going to list and can be found elsewhere) is what has people trusting in it.  It has momentum and trust of users.  If another identical coin appears it does not have the value that an established trusted coin has.  There is no reason for anyone to switch.  If another coin with superior attributes appears... well we will see what happens when that occurs.  Most likely, however, such a superior coin will be an improved bitcoin (i.e. compatible).
newbie
Activity: 52
Merit: 0
November 13, 2013, 11:43:13 AM
#4
So this is a very bad reason
Altavista were the first search engine until Google came....
That's the only thing that makes bitcoin so worthwhile ?
global moderator
Activity: 3794
Merit: 2612
In a world of peaches, don't ask for apple sauce
November 13, 2013, 10:49:45 AM
#3
Bitcoin was the first. It was the one from which all other coins were created. The original idea (or the best implementation which still is Bitcoin) always gets the credit, while others just bite the dust. Grin
full member
Activity: 154
Merit: 100
November 13, 2013, 10:34:08 AM
#2
The network effect. It was first, it has the largest community of users, the biggest investors, the most trust, media attention, etc. Which makes it that much harder for other coins to compete.
newbie
Activity: 52
Merit: 0
November 13, 2013, 10:28:26 AM
#1
Why bitcoin worth more than other digital currencies ?
If anyone can now use the infrastructure of bitcoint and create a new coin , what makes the bitcoin so special Huh?
Jump to: