Is Bitcoin the best cryptocurrency what so ever? - page 4.

cryptoanalyzer

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Quote from: Bitcoinsummoner on January 13, 2017, 12:53:41 PM

Quote from: Taki on January 13, 2017, 12:24:46 PM

Bitcoin is on the first place among other cryptocurrencies. That was the first cryptocurrency in the history and maybe that is the main moment of bitcoin's success, cause of there is no difference between bitcoin and others crypto in general, all them there created on the base of bitcoin.

I heard that before bitcoin is just an experiment until it gets benefited and running successful from 2009 until 2013
it is the first crypto i just heard bitcoin 2011 but i just ignore it because i do not have knowledge for bitcoins before i was came back for bitcoin and it is really trending in our forum i think 2015 i started earnings bitcoins in many faucet that honestly small amount or penny but its really help you to start and learn how bitcoin works..

I will start using and collecting bitcoins but not from faucets.

Bitcoinsummoner

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Quote from: Taki on January 13, 2017, 12:24:46 PM

Bitcoin is on the first place among other cryptocurrencies. That was the first cryptocurrency in the history and maybe that is the main moment of bitcoin's success, cause of there is no difference between bitcoin and others crypto in general, all them there created on the base of bitcoin.

I heard that before bitcoin is just an experiment until it gets benefited and running successful from 2009 until 2013
it is the first crypto i just heard bitcoin 2011 but i just ignore it because i do not have knowledge for bitcoins before i was came back for bitcoin and it is really trending in our forum i think 2015 i started earnings bitcoins in many faucet that honestly small amount or penny but its really help you to start and learn how bitcoin works..

Taki

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Bitcoin is on the first place among other cryptocurrencies. That was the first cryptocurrency in the history and maybe that is the main moment of bitcoin's success, cause of there is no difference between bitcoin and others crypto in general, all them there created on the base of bitcoin.

cryptoanalyzer

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Quote from: talkbitcoin on January 13, 2017, 08:35:11 AM

Quote from: cryptoanalyzer on January 12, 2017, 08:13:41 PM

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

you can not compare bitcoin, a cryptocurrency, with fiat the regular currency that everybody knows. in that comparison you will have a hard time.

but bitcoin is safe, good, fast, cheap and precious.

if you want to compare it with its counterparts also known as altcoins then bitcoin is the best. although you may find other coins that are faster or have other features but nothing comes without its downside. for example faster transactions means faster block generation and faster blockchain size growth and a ridiculous number of orphaned blocks.

Well caparing it to fiat is not fair to bitcoin. I agree

cryptoanalyzer

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Quote from: Kakmakr on January 13, 2017, 12:51:11 AM

You know what makes Bitcoin the best? The Network of people using it and accepting it as a payment option. How many merchants do you know of that accepts CookieCoin or TrumpCoin or one of these obscure Pump n Dump coins? The network effect takes years to build, and Bitcoin has done that leg work.

The bigger the network, the stronger the demand for the coin. ^smile^

And I guess I reached at a conclusion Grin

Immakillya

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Obviously. Yes. It is the most demanded cryptocurrency in the world. Infact, this is highest in terms of users. Its the most valuable crypto and highest market cap. No other cryptocurrency are close enough to compete with bitcoin. Bitcoin has no competion at all. Look at the price and compare it to other altcoins. Its way too far.

cryptoanalyzer

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Quote from: traderethereum on January 13, 2017, 08:37:43 AM

Quote from: Xester on January 13, 2017, 08:30:15 AM

Let us define first what do you mean by the best cryptocurrency. Here is my opinion:

1. MOst used
- Bitcoin is widely used coin and it has the biggest number of users worldwide

2. Price
-Bitcoins price has the best price compared to other coins

3. inflation
-Bitcoin has the best price inflation in history and the most natural

4. Speed
-Bitcoin is not really the best in this field

So after thinking of the factors I mentioned, bitcoin is the best.

i am agree bitcoin is the best cryptocurrency because bitcoin give a dream for all people to make better life, bitcoin have a good future from time to time and bitcoin can be another way to make investment. but in the number 1, i think bitcoin is not yet to be the biggest number of users worldwide because if we compare with other payment gateway, bitcoin is still new and young age and its need a time before the most of people used bitcoin. for all numbers, i am really agree with Xester said.

Thank you both for your comments. I have put high hopes it it.

cryptoanalyzer

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Quote from: kiklo on January 13, 2017, 12:47:14 AM

Quote from: cryptoanalyzer on January 12, 2017, 08:13:41 PM

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

Best : No

most secure : No China alone controls it.

Speediest : HELL NO, it is one of the slowest out there.

Precious : If you mean has a high Fiat Conversion , that answer is Yes, mainly due to market manipulation by the Chinese, Wink

LTC or Doge are faster & cheaper PoW coins and also supported by the Chinese.

You have to go into a Proof of stake coin to find an Alt the Chinese don't control.

Cool

Gee....thx for the direct answer Grin

traderethereum

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Quote from: Xester on January 13, 2017, 08:30:15 AM

Let us define first what do you mean by the best cryptocurrency. Here is my opinion:

1. MOst used
- Bitcoin is widely used coin and it has the biggest number of users worldwide

2. Price
-Bitcoins price has the best price compared to other coins

3. inflation
-Bitcoin has the best price inflation in history and the most natural

4. Speed
-Bitcoin is not really the best in this field

So after thinking of the factors I mentioned, bitcoin is the best.

i am agree bitcoin is the best cryptocurrency because bitcoin give a dream for all people to make better life, bitcoin have a good future from time to time and bitcoin can be another way to make investment. but in the number 1, i think bitcoin is not yet to be the biggest number of users worldwide because if we compare with other payment gateway, bitcoin is still new and young age and its need a time before the most of people used bitcoin. for all numbers, i am really agree with Xester said.

talkbitcoin

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Quote from: cryptoanalyzer on January 12, 2017, 08:13:41 PM

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

you can not compare bitcoin, a cryptocurrency, with fiat the regular currency that everybody knows. in that comparison you will have a hard time.

but bitcoin is safe, good, fast, cheap and precious.

if you want to compare it with its counterparts also known as altcoins then bitcoin is the best. although you may find other coins that are faster or have other features but nothing comes without its downside. for example faster transactions means faster block generation and faster blockchain size growth and a ridiculous number of orphaned blocks.

Golftech

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Quote from: Xester on January 13, 2017, 08:30:15 AM

Let us define first what do you mean by the best cryptocurrency. Here is my opinion:

1. MOst used
- Bitcoin is widely used coin and it has the biggest number of users worldwide

2. Price
-Bitcoins price has the best price compared to other coins

3. inflation
-Bitcoin has the best price inflation in history and the most natural

4. Speed
-Bitcoin is not really the best in this field

So after thinking of the factors I mentioned, bitcoin is the best.

so with your assessment its three out of four and that's right its only the speed matters since most of new crypto alts are improving this field and offer more quicker transaction but for me bitcoin still the best in all cryptocurrecy, its favored people who knows how to play and use it the way it should be.

Xester

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Let us define first what do you mean by the best cryptocurrency. Here is my opinion:

1. MOst used
- Bitcoin is widely used coin and it has the biggest number of users worldwide

2. Price
-Bitcoins price has the best price compared to other coins

3. inflation
-Bitcoin has the best price inflation in history and the most natural

4. Speed
-Bitcoin is not really the best in this field

So after thinking of the factors I mentioned, bitcoin is the best.

hyudien

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Quote from: StarofBTC on January 13, 2017, 07:52:04 AM

Quote from: hyudien on January 13, 2017, 07:42:39 AM

Quote from: cryptoanalyzer on January 12, 2017, 08:13:41 PM

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

If in my mind, bitcoin is just one way to do some transaction with online basic. So, for secure it's ferry safe. But for daily activity it's not recommendation i think.

But in my definitions, the best thing does not need to support our daily needs. I value gold the most still I'm not using gold for my daily needs or for worship or anything similar to that. Similarly the best a crypto currency having all the features as per my expectation still using it is limited due to lack of adoption.

I think it doesn't same with gold, because gold can't to make transaction just for invest and for ornament. Bitcoin is one way to make some transaction easy with little fee to cross over the world. And we know if bitcoin just alternate currency, so it's impossible to change fiat currency.

bitbunnny

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At the moment it is the best and probably will stay for a while in the future, no competition at the moment. It's the most adopted and accepted in real life situations. The one thing I could say it's not so good anymore and that is anonimity. Bitcoin has lost great deal of anonimity and I regret that.

BossMacko

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I agree with those people who are saying that bitcoin is the best cryptocurrency, We don't need to prove that because you can easily see the result of Bitcoin from the beginning until now. It does progress unlike some coins that are only have progress during the ico but after the ico some coins are slowly dropping and in the end it will just become worthless.

Rosberger

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We can see it as the best cryptocurrency and I even think that it can be the future of all currency's in the far future with some luck.

onnz423

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Not the best if you ask me, most widely used and accepted yes. Bitcoin is pretty outdated compared to most of the cryptocurrencies that have appeared after it. But "best" is about personal preference, so i think better question would be that "is bitcoin most developed cryptocurrency" and answer to that would be simply no. I believe that bitcoin will be in the shadows after mainstream will start using cryptos overall, it will be the gold of cryptocurrencies forever. That is my opinion.

StarofBTC

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Quote from: hyudien on January 13, 2017, 07:42:39 AM

Quote from: cryptoanalyzer on January 12, 2017, 08:13:41 PM

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

If in my mind, bitcoin is just one way to do some transaction with online basic. So, for secure it's ferry safe. But for daily activity it's not recommendation i think.

But in my definitions, the best thing does not need to support our daily needs. I value gold the most still I'm not using gold for my daily needs or for worship or anything similar to that. Similarly the best a crypto currency having all the features as per my expectation still using it is limited due to lack of adoption.

xuan87

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For me bitcoin is the best, it is the most used crypto currency compare to other alt coin, the price is great and the future is great, but for me it is important to have a backup plan, crypto currencies not only about bitcoin but all the digital coin that being created, I planned to invest in some alt coin, but for now I haven't found the suitable coin for me, so i still stick with bitcoin

hyudien

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Quote from: cryptoanalyzer on January 12, 2017, 08:13:41 PM

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

If in my mind, bitcoin is just one way to do some transaction with online basic. So, for secure it's ferry safe. But for daily activity it's not recommendation i think.

Quote from: cryptoanalyzer on January 12, 2017, 08:13:41 PM

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

Fiat currency is a best think for now because if you want to transaction in every were, you not always need online to do it.

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