Topic: Long term argument for bitcoin - page 18. (Read 5936 times)
I think the most important difference between Bitcoin and it's slightly improved clones is that Bitcoin has the best distribution. Most coins are sold in ICO's or were mined by big miners since the start. If you don't count Satoshi's million BTC, Bitcoin is actually distributed quite well.
Bitcoin is widely used and it is what makes bitcoin more valuable than other crypto-currencies. Bitcoin is better tested on higher volumes and in a longer period of time which makes bitcoin more trustworthy than other crypto-currencies. Some altcoins has been try to reach bitcoins size, but it always failed even was Litecoin. This year bitcoin was reported to many news related about it security, price and many thing, this cause attracted many new bitcoins holder interest to learn it and investing.
In the cryptocurrencies market, investing in Bitcoin and Etherum will be very safe as well as the ability to make big profits if the investment is determined in the long run. Because it is possible to recognize that the rates of altcoins, as well as tokens, are greatly influenced by Bitcoin and Ethereum rates. So that you should invest and hold Bitcoin as well as Ethereum will never suffer losses.
For me, Bitcoin and Ethereum are the best coin to invest and hodl when it comes to long term because both has the potential to grow in the market. They are the coins that is more being recognize because all the token being sold with the exchange in ethereum and to bitcoin.
very important, although bitcoin and altcoin have almost the same side and features.
this is just a matter of confidence, people's belief in bitcoin is greater than belief in altcoin.
because bitcoin first known, automatic bitcoin has greater confidence, which is not owned by another coin.
this is just a matter of confidence, people's belief in bitcoin is greater than belief in altcoin.
because bitcoin first known, automatic bitcoin has greater confidence, which is not owned by another coin.
To date, bitcoin is like a dollar compared to other currencies. But the crypto world is dynamic, plus a lot of people don't consider bitcoin perfect. It can't be ruled out that a year later it will no longer be in the lead.
And why do you think bitcoin could lose the lead of the market in just one year? Bitcoin like anything can be replaced but why do you think it can happen so fast? There is no coin that can do that currently and even if a coin were to come out today with great characteristics it will take a while before it gets any support from the community, so I think that idea of bitcoin being replaced in a year will not happen. 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?
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, bitcoin is the first crypto coin and is very important to determine its user population. Surely people will prefer the strongest crypto coins as a place of investment.
You are right that one of the reason why many big investors bitcoin is their first priority because this is the first crypto, aside from this, it is attractive for having a high value.Oeople are always prepared in easy way as much as possible most specially when it comes to money. So as we can see and knew that litecoin is an alt and
still not like as bitcoin when it comes to price and stability so that is why it is very normal for the majority to choose bitcoin.
still not like as bitcoin when it comes to price and stability so that is why it is very normal for the majority to choose bitcoin.
In the cryptocurrencies market, investing in Bitcoin and Etherum will be very safe as well as the ability to make big profits if the investment is determined in the long run. Because it is possible to recognize that the rates of altcoins, as well as tokens, are greatly influenced by Bitcoin and Ethereum rates. So that you should invest and hold Bitcoin as well as Ethereum will never suffer losses.
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?
First of all many are very confident on the long term for litecoin where you get the idea most of the community thinks otherwise, and second being the first is a huge advantage, even in a game where everything is equal like chess the first move gives you an advantage since it allows you to direct the game in the direction you want, bitcoin had that advantage and still has it so it is still the coin with the biggest potential. 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?
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?
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?
The first mover advantage for BTC has a few key benefits for BTC.. media reports of crypto have often centered on BTC so new comers are first introduced to BTC first, and because BTC is the most common among the crypto, most cryptocurrencies are priced in BTC or satoshi, So BTC becomes the base currencies for the entire crypto space. This in itself makes BTC very valuable.
If you look at USD.. one of the key reason for USD to be so strong over the years is that USD has been the base currency for international trading of goods and services, and one of the biggest commodity is oil. If you want to buy oil, you got to buy USD first in order to pay for Oil.. so that drives up the demand for USD.
So in order for you to buy any altcoin, you got to first buy BTC...
P.S. Eth is posing a threat to BTC as you got to buy ETH in order to buy into ICO..
I stick to bitcoin even though there are lots of ICOs out there because they just pattern their specs and featured to bitcoin. Bitcoin is the original and is the 1st when cryotocurrency is being talked about. Bitcoin has created its bran already, just like any other business.
Can you buy other coins with LTC now?
That is the problem. If I want to join one ICO and be an investor they have limited options for buying it. Bitcoin, Ethereum, and Qtum. It stops there.
Litecoin is missing now.
Some ICO will have the LTC option but not all of them unlike bitcoin.
Everyone now will pick to be paid bitcoin rather than other coins.
I am sure you will know about that when you got used to the community.
That is the problem. If I want to join one ICO and be an investor they have limited options for buying it. Bitcoin, Ethereum, and Qtum. It stops there.
Litecoin is missing now.
Some ICO will have the LTC option but not all of them unlike bitcoin.
Everyone now will pick to be paid bitcoin rather than other coins.
I am sure you will know about that when you got used to the community.
To date, bitcoin is like a dollar compared to other currencies. But the crypto world is dynamic, plus a lot of people don't consider bitcoin perfect. It can't be ruled out that a year later it will no longer be in the lead.
Let's say that the bitcoin has a long term but we can not even get rid of our minds that bitcoin is in the middle of his term because it's too late and he's the first digital currency probably just ending its end. The only difference is that bitcoin was the first.? Maybe it is. because many people are confident that it is here and that most of us have been tested so maybe that
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?
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?
First mover advantage is always important, but Bitcoin always feels on the verge of not keeping up with innovation of squandering its first mover advantage. Block size is going to remain an impediment to expansion. SegWit has so far done a fine job handling the immediate crunch, but it's another limit that will hard cap the capacity and there hasn't been a lot of enthusiasm to further raising the block size. Lightning network as far as I understand it seems like a centralized solution which is not in keeping with the spirit of Bitcoin.
There are lots of examples of companies squandering first mover advantage. Pandora was the first music streaming service, but didn't adapt and keep up with market demands and now has been largely supplanted by Spotify and to a lesser extend, Apple Music. There's no shortage of other examples. Bitcoin hasn't demonstrated to me it's committed to not squandering their advantage.
everyone can already know the bitcoin before the other altcoin hence the bitcoin will remain the first and the best in crypto. because all the beginning crypto is a bitcoin that will remain the choice of everyone
That bitcoin was first is an important factor yes , but i won't be that important forever.
There really is no long term argument for bitcoin , they are not solving their scaling issues and the community is only more split.
Almost every coin can offer the same bitcoin has and most can offer something better , so the first mover advantage is clear here.
There really is no long term argument for bitcoin , they are not solving their scaling issues and the community is only more split.
Almost every coin can offer the same bitcoin has and most can offer something better , so the first mover advantage is clear here.
It is not important that bitcoin is first, besides for me I choose bitcoin rather than litecoin because it is more secure and trusted base on my own experience. In addition, being a bitcoin users I will prioritized first bitcoin rather than other coins.
Yes it is important, as bitcoin was mother of crypto currency's, with market users matters a lot!
Some altcoins has been try to reach bitcoins size, but it always failed even was Litecoin. This year bitcoin was reported to many news related about it security, price and many thing, this cause attracted many new bitcoins holder interest to learn it and investing.
In fact, Bitcoins still being top of crypto market cap, there nothing reason to compare it.
Some altcoins has been try to reach bitcoins size, but it always failed even was Litecoin. This year bitcoin was reported to many news related about it security, price and many thing, this cause attracted many new bitcoins holder interest to learn it and investing.
In fact, Bitcoins still being top of crypto market cap, there nothing reason to compare it.
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?
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 not like bitcoin came first so he is the king, but the main point is it is not controlled by any developer and it is free to use and no one is holding pre coins so that they can dump and run away. But if you see other coins they are fully manipulated by the developers as they are holding high percentage of their own coins so that they can manipulate their coin.
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