How strong is Bitcoin compared to others cyptocurrency? - page 4.

HasHe

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

Bitcoin is the less volatile currency when compared to other crypto currencies.Bitcoin has almost completed its initial eight years journey.It has faced many critical situations and has successfully survived.It has gained trust among world people and it is not easy for a decentralized currency uncontrolled by any central body to gain such trust.Unlike other crypto currencies,bitcoin works on a secured block chain system and so investment is safe.So,bitcoin would be the ultimate choice for investors.

JRoa

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

There is a big difference that the bitcoin have and other coin. Bitcoin is very strong.

betMaster

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Bitcoin is the root of all cryptocurrencies , aside being the most profitable , it is the most secure , with the biggest community and the most traceable crypto . People who just started investing in this field from 2 years ago are making huge profits , not talking about those who obtained btc when 1 BTC = 1 USD . In the past years it had the best performance and have been adopted by many marchands as a paying method worldwide .

Bastime

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

Bitcoin this time is very strong and stable but there's disadvantages of the developments like lack of institution or supervision, warning and positioning of the currency in the face of the problem is more difficult to resist the impact of security problems always exist, difficulties of educating people in technology industry etc. In addition, the center of the bitcoin is more likely to be replaced. Although the bitter currency in August did not get out of position, but the future may still be a bit as a competitor.

FrankNoland

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I consider bitcoin best compared to other cryptocurrencies since its safe and easy to use, decentralised but what I really don't like about bitcoin is the issue of transaction fee. What happened to the 'no middleman' bitcoin we used to know. The amount we are paying for transaction fees is too much.

Arkann

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The events related to August 1 showed that bitcoin is a very strong and reliable crypto currency. Almost immediately he began to grow in value, and after him began to climb and altcoyins. This suggests that bitcoin is the leader of the crypto currency and its behavior in the market directly affects the state of the other crypto currency.

robbietobby

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For me it is simply bitcoin the fundamental cryptocurrency that has ever existed and so other coins such as altcoins and as of those generated through mining and or staking as convertible to the basic coin whoch is botcoin. It is like a society that has fundamental needs.

Rishabh riyz

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if we see today's scenario where can say that BTC are the best digital crypto currency with the highest value
among all other investments yeh one who invested eagerly in bitcoins came with the the most profit like the price's now are $4000 pet BTC
bitcoins re the first of its kind , BTC is the first digital currency that sort so many users and a very high value , it is the reason behind the birth of other digital crypto currency

marcbitcoins

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Quote from: sakkosekk on August 10, 2017, 08:20:15 PM

I do not understand your mind,
Did you mean it was the most popular, well known, and largest-capitalized currency in the cryto currency market?

In my own research about bitcoin it becomes the most reliable crypto currency with a very firm fortitude. I blame my self why i did not join bitcoin when it was introduce to me last year. Now we will need a huge amount to buy bitcoin if we need to start investing of bitcoin.

ethereumhunter

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

if you invest in bitcoin, you've got the best investment beside gold because today, bitcoin is the strongest cryptocurrency and from time to time we know that the price is always increase. and this is why, many people now thinking that they must invest their money into bitcoin, no matter if the price is down because once its down, the price will be back soon.

entrepmind23

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

There is always risk involved in investing in cryptocurencies but regarding bitcoin I think it is one of the safest as what you say because almost all people involved in cryptocurrency have bitcoins in holding and/or other cryptocurrency which means that they're confident bitcoin will have significant value in the future. It just reached its ATH and from speculations, they think it will have corrections and will have a bull run again after that so accumulate coins as much as you can. The demand of bitcoin is increasing by the day and in fact companies like Starbucks, Subway, Dell and Microsoft are already accepting bitcoin for some of their transactions.

pikebu

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Bitcoins is more strong than other altcoins due to bitcoins is first digital coin in the world, the capitalization of bitcoins is more biggest than altcoins, no one altcoins that has big capitalization like bitcoins, bitcoins will not to be replaced by other altcoins
bitcoins has consensus and it had been fixed by bitcoins hard fork.

coynedterm

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

The better option for you to invest your money for long term is bitcoin only and I don't think that any coin can take place of this coin because it is that coin which have more stability by price and also by technology .
If you will compare bitcoin with another altcoins then you will find that fee coins have the same technology that the bitcoin have but still thier progress and reliability is not good like bitcoin .
So if you want invest your money thrn go for the bitcoin And if you want make sudden profit then yiu should invest your money in the bitcoin cash , because bitcoin cash is the coin by the same team of the blockchain bitcoin , so it will be morr better for us to out the money in the bitcoin and bitcoin cash ( BCH ) .

sakkosekk

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I do not understand your mind,
Did you mean it was the most popular, well known, and largest-capitalized currency in the cryto currency market?

ufaiz50

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

you can see on some sites a cryptocurrency market capitalizations like coinmarketcap there bitcoin ranked first it shows bitcoin is the strongest compared to other cryptocurrency. safe or not it depends on how you hold it and your strategy especially if there is panic sell.

JL421

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It is indeed a strong currency the best part of bitcoin is in top 10 the 2nd spot till the 10th spot it keeps changing but now matter what whenever you look at the first spot it is always bitcoin this is the standard of bitcoin weather you look in day or night it is always number 1 and will continue to it's success

Similificator

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Well, i think that your best choice should be bitcoins. Because not only it has gone through a lot and survived, but because it is well known. Plus the developers are hands on in maintaining and if not, making bitcoin better and easier to use. We can only expect better things happening to bitcoins from now on.

Theb

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Well it all depends on what price you dump it, I mean Bitcoin is well known for recovering from deep price corrections and it acts fast the problem here is are you on the right price when it is time for some price action for Bitcoin? Buying at the bottom of the price correction has its benefits from margin of safety to maximizing the worth of your capital you can never go wrong dumping your money when price are low.

MaryBiggle

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I think BTC's strength is falling because of new cryptocurrency launched, for example like REcoin.

aishyoo17

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people!

For me bitcoin is the safest crypto to invest because this is the first cryptocurrency and it is already well established but if you want to expand your profits you can also try investing in altcoins since there are plenty of them that has big potential to grow too.

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