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Topic: Long term argument for bitcoin - page 7. (Read 5936 times)

jr. member
Activity: 378
Merit: 1
August 07, 2018, 03:46:03 AM
Bitcoin - the very first crypto currency, which is used much longer than other coins. And therefore has a great guarantee and his level of trust is much higher than that of the other coins.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
August 07, 2018, 03:09:20 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 bitcoin is the first and it's trusted by everyone and not to mention its value that appreciate over time. Plus the fact that bitcoin is have the higher marketcap and we're just waiting from a mass adaption that will trigger the price to skyrocketed. Well actually, we all have different perspective in cryptos so if you like litecoin more than bitcoin then you're free to trade neither hold it.

And I think you should do some more research to enlighten yourself.
newbie
Activity: 92
Merit: 0
August 07, 2018, 02:44:51 AM
Bitcoin as it stands today has more mass adoption than anyother Cryptocurrency does and it is very evident in their market capitalization, the features BTC has can be put into a new cryptocurrency project but it still think it would take a very long time before it gets mass adoption like BTC.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 07, 2018, 02:24:37 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?

I think bitcoin is more feasible in the long run than altcoins because bitcoin is the main one in crypto. Most altcoins are not long-lived and tend to be a scam, so it's very risky to be held long-term. Indeed there are strong altcoins like ethereum, litecoin, neo, but I don't think they can beat bitcoin, and because of that for the main I still choose bitcoin in the long run.

besides that, we are confident about bitcoin because bitcoin is the most expensive coins and it means, if we have one bitcoin, we can have much money and it's different if we have one ethereum. the bitcoin price still very expensive than the other coins and this is why people still choosing bitcoin as their main coin. with bitcoin, we can get a big money but in the other side, the altcoin existing is to help us to gain more bitcoin so we can have more money in the balance.
newbie
Activity: 155
Merit: 0
August 06, 2018, 04:05:29 PM
Because it's the most used crypto , if you wanna buy those altcoins you need to buy BTC first from fiat
member
Activity: 532
Merit: 18
Bitcoin lover!
August 06, 2018, 03:21:10 PM
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 not that bitcoin was the first and not in its popularity. It's all about the still big capitalization of bitcoin. This allows him to dominate the price over all types of crypto currency. Therefore, many create the illusion that there is no point in investing in altcoyins, vseravno they will not grow in price without the rise in the price of bitcoin. However, the level of bitcoin capitalization is steadily falling: from 94 percent it has already fallen to 32. When he falls so much that he can not keep the prices of altcoys, for them it will be a real holiday. Then the crypto currency market will work fine.
member
Activity: 182
Merit: 16
August 06, 2018, 02:59:41 PM
Well, the second big difference in price. Bitcoin is still no surpassing. And most people generally know only about bitcoin and they are missing it. It is clear that there are still many benefits to Bitcoin.
jr. member
Activity: 353
Merit: 4
August 06, 2018, 02:54:10 PM
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?

I think bitcoin is more feasible in the long run than altcoins because bitcoin is the main one in crypto. Most altcoins are not long-lived and tend to be a scam, so it's very risky to be held long-term. Indeed there are strong altcoins like ethereum, litecoin, neo, but I don't think they can beat bitcoin, and because of that for the main I still choose bitcoin in the long run.
newbie
Activity: 122
Merit: 0
August 06, 2018, 11:56:25 AM
Bitcoin was the first. It is quite important. because everyone knows it. and it has no owner. Its owner is everyone so it is impossible to die
sr. member
Activity: 819
Merit: 251
August 06, 2018, 10:31:05 AM
We know all that bitcoin is not that good at all but it is trusted! It gains trust from everyone and for a long years it is still running and making money for everyone who invested on it.  So for me it is still effective to invest in a long term investment on bitcoin rather anything else in the crypto market.
member
Activity: 392
Merit: 10
August 06, 2018, 10:10:08 AM
After all, btc is the first blockchain application, the first and most popular encrypted electronic currency, so it has been the focus of people!
It is also the largest cryptocurrency, and it remains the leader in the cryptocurrency market!
newbie
Activity: 29
Merit: 0
August 06, 2018, 09:58:50 AM
Well its the pioneer
member
Activity: 238
Merit: 10
dApps Development Automation Platform
August 06, 2018, 09:57:53 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?

bitcoin has been well established compared to other coins. It gain popularity as it is reliable to use and was tested by users and not just by being the first coin.

Ethereum has been performing well in the market too and its platform is being used a lot by several tokens but still can't get near bitcoin's price.
member
Activity: 420
Merit: 11
BitHostCoin.io
August 06, 2018, 09:30:47 AM
Actually for me, it's not because bitcoin is first that i feel confident about investing it in long term. But because i look into the past, and this current situation, bitcoin surely is the strongest coin, not like others. It's the most popular and valuable among all cryptocurrency.
And we already know, although bitcoin sometimes faces it's down, it manages to survive and even the value increase more and more. I believe in the long term, we can see bitcoin develop even more than now. And i think other altcoin can't do that yet, some of them are great, but nothing able to beat bitcoin yet.

I agree, I think for now there are no altcoins that can beat bitcoin even if time will pass I am sure that bitcoin will still lead the crypto market. Bitcoin is a long term investment for us.
newbie
Activity: 85
Merit: 0
August 06, 2018, 09:22:40 AM
I think for the long term bitcoin does have a very high potential, but to achieve this there will be many cliffs and valleys that will be formed meaning that it requires strong mental and confidence to be able to benefit long-term bitcoin.
This is for people who have a lot of money and do not have much time to buy and sell by date. I do not have much money so I have to trade for profit. I have to get money to pay for my daily expenses.
sr. member
Activity: 700
Merit: 251
August 06, 2018, 08:58:37 AM
Actually for me, it's not because bitcoin is first that i feel confident about investing it in long term. But because i look into the past, and this current situation, bitcoin surely is the strongest coin, not like others. It's the most popular and valuable among all cryptocurrency.
And we already know, although bitcoin sometimes faces it's down, it manages to survive and even the value increase more and more. I believe in the long term, we can see bitcoin develop even more than now. And i think other altcoin can't do that yet, some of them are great, but nothing able to beat bitcoin yet.
full member
Activity: 644
Merit: 100
August 06, 2018, 08:48:15 AM
I think for the long term bitcoin does have a very high potential, but to achieve this there will be many cliffs and valleys that will be formed meaning that it requires strong mental and confidence to be able to benefit long-term bitcoin.
member
Activity: 314
Merit: 10
August 05, 2018, 09:56:59 PM
Yes of course bitcoin is the first ever currency and It can easily increase it's price unlike the other currency they value is depending on a currency which is bitcoin that's why most of the investors are investing to bitcoin for a long term investments. And I think I also like to make some invesments to it just like other people did to their money that they invested to it.
member
Activity: 350
Merit: 10
August 05, 2018, 07:59:12 PM
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?

Bitcoin has already established it's reputation in the market that any investors will not be down in it if talking about a long term investment. Litecoin in the other hand is a good altcoins though, but it has never been a consistent one and has never gotten any huge rise on it's price even in the years passed.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
August 05, 2018, 07:59:01 PM
Altcoin price is depending on bitcoin price. If bitcoin price going up, then altcoin price will going up to. If bitcoin price going down, altcoin price will be go down. I think bitcoin is more important to long term because bitcoin is king of cryptocurrency.
Yes, without bitcoin we could've never come across altcoins. Each and every altcoin has got some sort of dependence over bitcoin directly or indirectly. The dependence can be clearly observed, as the above quote states there will be massive fall in value of altcoins when the bitcoin drops low.
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