Topic: How Bitcoin is better than other coins? - page 19. (Read 2142 times)

Since the start of cryptocurrencies, bitcoin has been the most stable among others. Most altcoin rely on bitcoin that's why we can almost say that bitcoin can be the mother of all cryptos. Compared to other altcoins, bitcoin is decentralized and already have a stronger foundation. We cannot predict whether another coin can surpass bitcoin but there are a lot of possibilities. Bitcoin has proven a lot of almost impossible things possible to the people that dragged a lot of attention and interest that's why bitcoin is more preferred.

Yes there must be a reason and that reason makes bitcoin high and popular than another currency and safe journey of bitcoin will take me to my bright future. Now in this age we can use all things for bitcoin investment and we can buy all things with bitcoin today. If you buy bitcoin and get in crypto currency than it will help me have lots of other things like serving my family and etc just with bitcoin saving.

If your definition of better crypto depents on the speed of transactions, you might be better using your visa card. Bitcoin's strength lies in decentralization.

now, it looks like most people know only about bitcoin. not everyone invest on or search for crypto currencies but almost everyone knows about bitcoin, so this makes bitcoin more popular but saying it's better than other coins is debatable. there are many good coins out here waiting for getting attention.

Bitcoin is the first cryptocurency, so bitcoin is better than the other coin.

The bitcoin factor is the first decentralized coin making bitcoin better than any other coin. Although sometimes high bitcoin transaction costs do not affect people switching to bitcoincash, because bitcoin has a stronger ideology than other coins.

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I think it's better only at market capitalization it is a reason why btc in a first place, people really trust this coin and other altcoins dont have that captalization.For sure it can change depending on how people would get intrested on other altcoins

bitcoin is king and it will remain 1st place and bitcoin is not for small transaction.
bitcoin is the boss

Some would say that Bitcoin is outdated because there are cryptocurrencies that work faster and have more functionality implemented on the protocol level. And these people would be right. Others will emphatically assure that Bitcoin is and will always be the number one cryptocurrency, no matter what new Altcoins appear. Hard to argue with that, as well. So, how can this be possible? Why do we outline Bitcoin among other cryptocurrencies? Is it just trivial or the best?

The appearance of Bitcoin
 

Most of you have probably heard the story about the mysterious Satoshi Nakamoto, who invented and “launched” Bitcoin in 2009 and, yet, remained unknown.

What’s impressive, is that eight years ago Bitcoin was perceived as some weird and doubtful notion that just appeared, as if it fell from the moon. Who would trust it? The answer is: “no one.” However, less than a decade later, Bitcoin has formed a new industry as well as a new branch and approach to business. It has changed the way we think about our property and the approach to things we own. All because of a person whom we don’t even know. It takes your breath away when you dive deep into this idea.

In a short lapse of time, Bitcoin came all the way from being called a pyramid or simply some weird ‘program that deals with non-existent money’ to the Greatest Discovery of the 21st Century. Moreover, we are only at the very beginning of its long path…

Hardships of Bitcoin
 

The core problem of the Bitcoin network now is the scalability issue. That is to say, the network is overwhelmed with users, thus you have to wait longer and fees are higher.

The necessity of an upgrade has provoked a hard fork (chain split). August 1st was the day when the Bitcoin blockchain was split. Meanwhile, some Bitcoin holders gained a great profit due to this hard fork. Especially, those who held their money on exchanges that did the coin splitting. Among them, CEX.IO exchange gave its users the same amount of Bitcoin Cash coins (forked Bitcoin) as the amount of BTC they had had before the hard fork and launched the trading of the ‘second’ Bitcoin (BCH).

It was hard to say what would be the end result. However, the credibility of the first of its kind cryptocurrency has surpassed everyone’s expectations. So, days after the fork, Bitcoin’s price rocketed up more swiftly than anyone could imagine.

Cryptocurrency market
 

Bitcoin has triggered an unstoppable chain reaction – the invention of hundreds of cryptocurrencies, the entire number of which have recently reached a thousand. The market capitalization of all cryptocurrencies, notionally, can be divided into two major groups: Bitcoin and Altcoins, where Bitcoin takes more than a half.

Well some thinks that bitcoin is better because of its fast changing values. But i do think that engaging into new coins that has potential to grow in no time is much better way of generating a profit.

I think because Bitcoin almost in some countries already in legal right, and also every year more and more developers and enthusiasts.

In my opinion, bitcoin is better than other coins because it is the primary sources of other cryptocurrency and also bitcoin is the first digital currency that is centralized and can’t control the government. Also, bitcoin has a massive price among to another cryptocurrency and bitcoin is much famous to another cryptocurrency.

Bitcoin is not going to be surpassed by any altcoin available in the crypto market as of the moment. Perhaps 50 years from now there will arrive another coin that will finally take the throne from Bitcoin. But for now, Bitcoin will first return to its $20,000 position and then probably climb to $50,000 within the year 2018. But if you think Bitcoin Cash will get the first spot, nah, it will not happen.

In over all performance we cannot say that bitcoin have a poor technology yes they cannot accommodate a huge transaction but bitcoin have a big impact in the market and day by day more investor and other country are now accepting bitcoin that have effect to slow transaction of bitcoin but still no one can surpass the potential of bitcoin even ethereum.

For me bitcoin is better than other coins this is because bitcoin has the highest price and value and most of all its price is continuing increasing. Bitcoin also is not so hard to earn because it is volatile. A lot of people also wanted to earn bitcoins because it is very popular in the market.

Currently BTC is attractive - it is the first criptocurrency and the main pair to altcoins at criptocurrency exchanges. But its technology is rather poor

of course bitcoin is better among other coins because currently bitcoin has the highest value in cryptocurrency and has a popularity that is able to attract investors to invest in bitcoin.so this is certainly a positive support for the progress of bitcoin in the future.

I agree with you, the price of Bitcoin is more stable compared to other coins; this made it better than other coins exist. Aside from being more stable, Bitcoin is the most popular cryptocurrency and well known by people. There's a big chance that Bitcoin will be allowed to be use worldwide because of the support and trust of people.

I think due to Market Capitalization.
Bitcoin's market capitalization growth has made impressive progress, especially considering its value of just $ 42,000 in its early days. By 2015, about 6 years after its release date, Bitcoin's capitalization has reached 4 billion Dollars. Meanwhile, other coins such as Litecoin only recorded achievements in the range of 75 million Dollars in the same period.