Peoples truly believe A LOT in Bitcoin - page 8.

DavidCryptoMoon

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Quote from: BuyBuyBitcoin on December 30, 2018, 01:19:36 AM

Quote from: DavidCryptoMoon on December 29, 2018, 06:48:27 PM

Quote from: meanwords on December 28, 2018, 11:00:56 PM

People believe in Bitcoin because there is something in it that they saw and want to. For example, investors believe in Bitcoin and invest in it because they saw it's potential to grow in price while others who believe in its technology, invest in it to support it.

Then it can LITERALLY apply to anything...

Yes, just go build something that is a decentralized digital currency, with no 3rd party required to transfer payments between the owners of the new currency.

Then have people value it at $0 - $1 for a couple years.

Watch a couple years later when it bounces between $1-$10 in value around the world.

Then when it gets in the $10 - $100 range, you just have to get over that hump before your new "currency" appears to have some valid reason to actually exist.

And if you can get over the $100 - $1000 value area for this new digital currency that anyone in the world can own or use, you will have recreated what Bitcoin did. Congratulations.

Now you are more specific, then I'm ok with your explanation, but what you just said are just accomplishements, not a proof of its monopoly.
I could very well take for exemple a shitcoin in the market that mooned and said "you see, that's why it's the greatest coin in the market", what you said has basically little value.
If a global institution decided to create his own coin worldwide, how could BTC remain at the top for exemple ? I really want to hear an impartial opinion on that.

Zillur8409

copper member

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Quote from: dentolas on December 30, 2018, 05:28:14 AM

well, in my oppinion BTC is the king at this moment, largest market cap, price, BTC dominance above 51%, largest dev team, largest network, etc...
But this does not mean that it will be the king forever, BTC is getting behind in development and focusing only on the "money side", if things stay this way, it will eventually be replaced because a lot of coins are doing what btc do (transfers and such), but better ...

You are absolutely right. By only for price drowning, we can't Bitcoin will not survive. Bitcoin is the King in the crypto market and it will survive for long time. We strongly believe in Bitcoin and we will support it every time.

dentolas

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arcs-chain.com

well, in my oppinion BTC is the king at this moment, largest market cap, price, BTC dominance above 51%, largest dev team, largest network, etc...
But this does not mean that it will be the king forever, BTC is getting behind in development and focusing only on the "money side", if things stay this way, it will eventually be replaced because a lot of coins are doing what btc do (transfers and such), but better ...

jakezyrus

full member

Activity: 714

Merit: 100

No not all people are believer of bitcoin . infact many of them are hater because they think bitcoin is a joke currency because of its digital characteristic . others hate bitcoin because they think that bitcoin is a hindrance to their business .

People that believes on bitcoin are brave and kind because they are not afraid to try new things and they are willing to take the risk . kind because they whole heartedly suport bitcoin without a doubt .

Janation

hero member

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Quote from: mariah.sadio on December 29, 2018, 05:24:37 PM

I agree. People do believe a lot with bitcoin because in the past few years, it really offers them great opportunity to earn profits from it and at the same time, they gain more knowledge about it.

If you will be thinking of it, other cryptocurrencies can give them the same profit.

The time I've invested on Bitcoin, the price is not that low it is already booming. I thought that it might jsut reach the 4 digits and just go back and forth to 3 digits and 4 digits but boy I was wrong. The price rockets up to 5 digit, there are predictions about it and I never thought that it would be making it there. That is the reason why I believe so much on Bitcoin now, with a lot of investors investing and supporting it I don't think it will just go down that easily as it will give more profit in the upcoming year.

MakeMoneyBtc

full member

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There are lots of reasons why this happens and you certainly don't understand them since you are asking this question.

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: DavidCryptoMoon on December 28, 2018, 12:25:18 PM

But why ? Because it's the first cryptocurrency created, and the most used in the market ? What makes you believe that Bitcoin will be the eternal king of the market, and something else won't replace it ?

I'm surprised everydays of peoples saying that "btc will be the king forever" without delivering a proper argument.
That's why I created this topic, not because I want to know "who will be the next king" or "BTC will be replaced soon", no, I want to hear a proper opinion on this matter, without some BS such as "it's the king, because it was the first". In that case, why would he's still be the "king" right now, and why would be he be in the future ?

The king will remain the king for a very long time and the only coins that might replace it is stablecoin. No one actually have the knowledge on when this stablecoin will commence except those behind it. Facebook itself has not come up with any information about this and we are going to have bitcoin remaining dominant for long-term. Maybe in 2030 we would have to see many new coins coming up.

#dhabitamartha

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bitcoin provides new information about sales and purchases because I think it is a new information about sales and purchases. this big i think why bitcoin still survives being a very popular king even though the price is uncertain.

BuyBuyBitcoin

member

Activity: 126

Merit: 29

Get Maximalist or Get Wrecked

Quote from: DavidCryptoMoon on December 29, 2018, 06:48:27 PM

Quote from: meanwords on December 28, 2018, 11:00:56 PM

People believe in Bitcoin because there is something in it that they saw and want to. For example, investors believe in Bitcoin and invest in it because they saw it's potential to grow in price while others who believe in its technology, invest in it to support it.

Then it can LITERALLY apply to anything...

Yes, just go build something that is a decentralized digital currency, with no 3rd party required to transfer payments between the owners of the new currency.

Then have people value it at $0 - $1 for a couple years.

Watch a couple years later when it bounces between $1-$10 in value around the world.

Then when it gets in the $10 - $100 range, you just have to get over that hump before your new "currency" appears to have some valid reason to actually exist.

And if you can get over the $100 - $1000 value area for this new digital currency that anyone in the world can own or use, you will have recreated what Bitcoin did. Congratulations.

pooya87

legendary

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Quote from: DavidCryptoMoon on December 29, 2018, 06:48:27 PM

Quote from: meanwords on December 28, 2018, 11:00:56 PM

People believe in Bitcoin because there is something in it that they saw and want to. For example, investors believe in Bitcoin and invest in it because they saw it's potential to grow in price while others who believe in its technology, invest in it to support it.

Then it can LITERALLY apply to anything...

it does apply to everything else too!
but the difference is that when something also has some utilities to offer it gains a solid growth instead of a fake and unstable one. and bitcoin has that. it offers a lot of things from being a currency to use worldwide without border to being a store of value to safely put your money without anyone being able to touch it or probably even know about it.
this has nothing to do with "believing" in anything, it is about seeing the reality and wanting to use it.

Reid

hero member

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Okay then, I want to ask you something to. Let us prove it by means of questions too.

At which crypto currency can you mostly get out and get in to buy other crypto currency?

Mostly you buy bitcoin first before you could even buy an altcoin.
Yes, there are some exchange whi are accepting ETH directly to be sold or bought but mostly the first option will be bitcoin first.

If you see some threads here questioms are also brought like this.

"I have 5 BTC where should I invest it?"
"I have $3000 and will be buying BTC but also want to diversify."
I guess that answers it all.

DavidCryptoMoon

newbie

Activity: 7

Merit: 0

Quote from: meanwords on December 28, 2018, 11:00:56 PM

People believe in Bitcoin because there is something in it that they saw and want to. For example, investors believe in Bitcoin and invest in it because they saw it's potential to grow in price while others who believe in its technology, invest in it to support it.

Then it can LITERALLY apply to anything...

sunsilk

hero member

Activity: 3038

Merit: 634

It is the starter of cryptocurrencies and the original so what do you think the people would like to have? the original of course which is being supported d by the community.

Ask a nocoiner if what he wants to have if youll give him free crypto, most likely to say bitcoin. It is not just popular but there are countless reasons why it will stay as a king.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

I just think there are many investors out there who have gained a lot of wealth from bitcoin, so as they will suggest to the people closest to them or in forums like this to invest in bitcoin. Most of them do not pay attention to the technology and functions of bitcoin in their lives, which they hope is only good information and they will sell every bitcoin they hold. Maybe that's a reason for some people who believe bitcoin will always be at the top of the cryptocurrency market.

Rob768

full member

Activity: 324

Merit: 100

Bitcoin is a mirror of a whole cryptomarket. In future it won't be used like a currency. I think it will be an index which will be showing the situation on the market, like S&P500 or Dow Jones in stock market.

mariah.sadio

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I agree. People do believe a lot with bitcoin because in the past few years, it really offers them great opportunity to earn profits from it and at the same time, they gain more knowledge about it.

hildacitra

member

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Merit: 10

People believe that Bitcoin is the king because they know Bitcoin was the first crypto currency, and its value is highest than other. for this reason, Bitcoin will not be replaced by others. Moreover, since the existence of crypto currency, altcoins' price depends on bitcoin.

zhengqi

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Activity: 632

Merit: 60

Bitcoin is faster than all other coins began to develop and therefore it is more popular among investors. Don't know whether some other coin take its place. We'll find out in time.

Twinkledoe

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★Bitvest.io★ Play Plinko or Invest!

As time goes by, more and more people are believing the capability of bitcoin. Bitcoin changed so many lives and there's no stopping it. With the introduction of bitcoin, the blockchain world has emerged to be useful to so many companies out there. Every company now wants their system to be integrated in the blockchain revolution.

samcrypto

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Vave.com - Crypto Casino

Quote from: mariah.sadio on December 29, 2018, 05:24:37 PM

I agree. People do believe a lot with bitcoin because in the past few years, it really offers them great opportunity to earn profits from it and at the same time, they gain more knowledge about it.

Despite of the dump with bitcoin, there’s still a lot of people who believes on bitcoin because of its technology that keeps on growing everytime we need it. Soon we will hear a great news with bitcoin and because of that many investors will come and the price will recover. We have a great opportunity with this market and because of bitcoin it allows us to have a good source of income.

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