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Topic: Long term argument for bitcoin (Read 5962 times)

newbie
Activity: 3
Merit: 0
October 11, 2018, 07:26:50 AM
The biggest advantage for Bitcoin is that it is already well known and established so even people who doesn't understand it very well buy it.
bce
sr. member
Activity: 756
Merit: 250
October 11, 2018, 06:39:39 AM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
no one can be sure in the future because it's already the nature and risk of cryptocurrencies, maybe bitcoin now has the best intensity and fame so our future view of bitcoin can be a benchmark for the future but all possibilities can occur without predictions.
member
Activity: 196
Merit: 10
October 11, 2018, 06:20:18 AM
It is not just about which is better, but also, which people trust more. And while the name of Bitcoin is getting quite famous, nobody have heard about Litecoin, outside the crypto community.
jr. member
Activity: 126
Merit: 1
October 10, 2018, 04:34:59 AM
I think bitcoin is most popular as a long term investment. Most people choose it as a means to preserve and increase their money.
member
Activity: 390
Merit: 11
October 10, 2018, 04:26:02 AM
bitcoin is the father of all crypto because he who experienced bitter and sweet things up to now, bitcoin will continue to exist considering that many markets in the market always make bitcoin as a pairing basis for many altcoins today. Besides that, large companies partnering with bitcoin are innumerable and this will continue to grow. this is what makes bitcoin worthy of being a long-term investment asset
full member
Activity: 1121
Merit: 100
October 10, 2018, 04:13:56 AM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Yes, if you see any family that they give birth as the first baby, we know that is very important and valuable for their family. That's why, I am the side of Bitcoin.If you see the crypto-currency world, Bitcoin is the first and holding number one position for the beginning, so if any coin reaches the same level of Bitcoin, it takes time so long or not happen (though it is LTC, ETH,XRP,EOS etc.).Therefore, people are confident with the long term of Bitcoin.
member
Activity: 196
Merit: 10
October 09, 2018, 03:31:41 AM
Yes, being the first is very important. Simply because it has way more reputation, more well known in the mainstream, so more people are interested.
newbie
Activity: 22
Merit: 0
October 09, 2018, 03:24:54 AM
I think bitcoin its not only the first but about its decentralization project doesnt have any disturbed because of the creator Satoshi Nakamoto hide his name, place,and other identity, so it make pure no one can manipulate bitcoin and create the blockchain product goes properly.
full member
Activity: 504
Merit: 106
October 09, 2018, 03:15:59 AM
I would be wary to become overely positive about Bitcoin in the long term. There might be a chain split on August 1st and it's looking very likely.
I think that's an opportune time for altcoins to gather a larger marketcap than Bitcoin, things might get rearranged.
Keep in mind that Altcoin must also be analyzed again, that bitcoin is the parent of all altcoins.
Because they see the conditions that are currently deteriorating, so all must be analyzed positively.
You will see more than 5k coins running down there in the crypto market but only few are highly rated and best recommended for investment especially long-term investment. In long-term investment you will get very few choices in which the Bitcoin is the first choice. Bitcoin is of highest priority for long-term investment, you will get maximum profit of your investment only if it is Bitcoin as we know that other than Bitcoin other are best for short-term.
jr. member
Activity: 47
Merit: 1
Science, science
October 07, 2018, 10:00:10 AM

The course of almost all cryptocurrencies depends on the bitcoin rate at the moment. If the course goes up - in others it will also go higher. Bitcoin is the most popular currency because it has a more useful payment system than lightcoin. I advise you to study the information about these cryptocurrencies.
jr. member
Activity: 115
Merit: 2
October 07, 2018, 09:57:17 AM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

It is true that altcoins and bitcoins are similar in many ways but the fact that without bitcoin there will never be altcoins so most people would still prefer having the prominent one or the foundation because it still the most reliable.
and with the many bitcoin enthusiasts also that to increase prices is also faster and bitcoin is a good investment place in the long run
For Bitcoin’s proponents, the surge is evidence that it on its way to challenging established currencies like the US dollar, payment systems like PayPal, or stores of value like gold.
member
Activity: 350
Merit: 11
October 07, 2018, 09:56:53 AM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
it's important ... because the first bitcoin means the second can emulate bitcoin, so we never forget the first, bitcoin is a digital currency for trading, many who invest in bitcoin and succeed with a long time.
newbie
Activity: 31
Merit: 0
October 07, 2018, 09:50:26 AM
Because bitcoin is the most successful coin and it is used widely all over the world. That is the reason why people are still confident about bitcoin
sr. member
Activity: 532
Merit: 250
October 07, 2018, 04:46:19 AM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

It is true that altcoins and bitcoins are similar in many ways but the fact that without bitcoin there will never be altcoins so most people would still prefer having the prominent one or the foundation because it still the most reliable.
and with the many bitcoin enthusiasts also that to increase prices is also faster and bitcoin is a good investment place in the long run
member
Activity: 336
Merit: 10
October 07, 2018, 03:19:12 AM
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

It is true that altcoins and bitcoins are similar in many ways but the fact that without bitcoin there will never be altcoins so most people would still prefer having the prominent one or the foundation because it still the most reliable.
newbie
Activity: 9
Merit: 1
October 07, 2018, 01:22:22 AM
Yup if public perception of bitcoin changes so that it is viewed as useless technology (which it almost is right now) then the price will collapse 90%+ overnight. It needs to be developed further and actually be used by people and companies
member
Activity: 434
Merit: 13
October 05, 2018, 12:11:35 PM
I would be wary to become overely positive about Bitcoin in the long term. There might be a chain split on August 1st and it's looking very likely.
I think that's an opportune time for altcoins to gather a larger marketcap than Bitcoin, things might get rearranged.
Keep in mind that Altcoin must also be analyzed again, that bitcoin is the parent of all altcoins.
Because they see the conditions that are currently deteriorating, so all must be analyzed positively.
newbie
Activity: 155
Merit: 0
October 05, 2018, 11:22:11 AM
Let's not forget the fact that when someone comes in they need to buy butcoin first before buying their altcoins, that keeps the BTC price moving always and also it's volume, maybe the reason is not it is not the ffirst one but because majority of users already put so much trust in BTC.
hero member
Activity: 1778
Merit: 520
October 05, 2018, 10:38:22 AM
I believe, for long term, Bitcoin will be more accepted among the financial institutions and countries which would increase its demand and supply and hence the coin's market capital.
Also, the coin can head towards being a mainstream currency in the future.
The coin will be more stable and no longer under a financial bubble. In the coming months, the coin has the potential to cross the $10000 mark.
It is a great coin with a bright future.
full member
Activity: 616
Merit: 108
io.ezystayz.com
October 05, 2018, 02:27:25 AM
I know the coin Litecoin for a long time, but yet i didn't feel like investing in it. I just don't like it. I think i have just 0.1 Litecoin so not worth anything right now. I feel like investing in Ethereum is way more profitable.
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