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Topic: The Reason Bitcoin will always be #1 (Read 41515 times)

full member
Activity: 217
Merit: 100
June 13, 2017, 11:38:47 AM
First reason it became the fiat currency of crypto currency world. Second reason is it's the most safe one.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
June 13, 2017, 10:47:30 AM
For now bitcoin will always be no 1, the parent of all coins is bitcoin, that one of the reasons.
full member
Activity: 361
Merit: 100
June 13, 2017, 10:38:06 AM
Parent of all my coins, I think,
Because of all trades, bitcoin becomes a reference for other coins.
copper member
Activity: 1050
Merit: 294
June 13, 2017, 10:15:09 AM
No doubt bitcoin is no. 1 cryptocurrency so far but i don't think so that the name has any impact on its popularity and success, may be now it seems that bitcoin is the best name than any other because its name is stuck in our mind. The major reasons why bitcoin is at no. 1 because its marketing was perfect due to which many cryptocurrency users buy it.
sr. member
Activity: 270
Merit: 250
June 13, 2017, 10:10:36 AM
Because it was the first Crypto
full member
Activity: 182
Merit: 100
June 13, 2017, 09:31:37 AM
The reason why bitcoin is always number one because it has a great name and its popular, because bitcoin is the most familiar and many investors and people use in bitcoin. Bitcoin is most trusted and easy to earn that's why many people used bitcoin. People believe in bitcoin in some ways like paying bills and faster in transaction, it has many benefits. Bitcoin has great value and great profitable. Bitcoin gives more opportunity to people especially in investor because it grow fast and earn easily the profit. Because bitcoin has no banks holiday and no one controls and its secure.
sr. member
Activity: 1232
Merit: 250
June 08, 2017, 01:14:29 PM
Bitcoin will always be number one because bitcoin is the mother of all cryptocurrency. Bitcoin becomes the basis for other altcoin making, so it is unlikely that bitcoin can be replaced with another

Not only it is the first crypto-currency, it is also the popular crypto. None of the other altcoins can command an userbase which is more than 10% of that of Bitcoin. Also, tens of thousands of vendors accept Bitcoin, and there are hundreds of ATMs around which dispense BTCs. For any of the alts to reach this stage, it is going to take ages.

Yes, the trust score for Bitcoin by the users is too high, altcoins can show some potential, as recently Ethereum, LTC and few others are rising, but still its connected to Bitcoin. Moreover Bitcoin is a parent to all the alts, and the height it reached will really take time for the alts.
legendary
Activity: 2044
Merit: 1008
June 08, 2017, 01:01:17 PM
Bitcoin will always be number one because bitcoin is the mother of all cryptocurrency. Bitcoin becomes the basis for other altcoin making, so it is unlikely that bitcoin can be replaced with another

Not only it is the first crypto-currency, it is also the popular crypto. None of the other altcoins can command an userbase which is more than 10% of that of Bitcoin. Also, tens of thousands of vendors accept Bitcoin, and there are hundreds of ATMs around which dispense BTCs. For any of the alts to reach this stage, it is going to take ages.
legendary
Activity: 1036
Merit: 1002
June 08, 2017, 12:55:04 PM
Bitcoin is always be a number one currency from internet high value easy to earn or grow from trading or investment with icos bitcoin known or become popular with name bitcoin and everybody loves it so do i. Bitcoin will always be a great currency and it will never ever be dead and will continues using it until it comes the price of half a million
sr. member
Activity: 560
Merit: 253
June 08, 2017, 12:46:36 PM
Bitcoin will always be number one because it is number one. It is popular because people like it. Nothing can compare to bitcoin because bitcoin is the original (it isn't). -people on this thread


Bitcoin won't be number one for much longer. Probably not after 2018.
sr. member
Activity: 448
Merit: 251
June 05, 2017, 05:48:12 PM
Bitcoin will always be number one because bitcoin is the mother of all cryptocurrency. Bitcoin becomes the basis for other altcoin making, so it is unlikely that bitcoin can be replaced with another
it does not make any sense. Is dollar the mother of all currency? We know that dollar can be considered as one of the old currency but it is never a mother of all currency and up to now, no currency can compare with dollar because many people are using this currency for many purposes
newbie
Activity: 8
Merit: 0
June 05, 2017, 04:58:11 PM
Bitcoin will always be number one because bitcoin is the mother of all cryptocurrency. Bitcoin becomes the basis for other altcoin making, so it is unlikely that bitcoin can be replaced with another
hero member
Activity: 1834
Merit: 566
June 05, 2017, 03:55:35 PM
Acouple of years back a man buys $27 of bitcoin, forgets about them, finds they're now worth $886k and currently a Japanese woman was pushed to invested into bitcoin due to the near-zero
interest rates on their personal savings accounts/serious shortfall in their national pension. Bitcoin will always be # 1 because bitcoin give the world hope to survive and everybody loves to make money.
newbie
Activity: 13
Merit: 0
June 05, 2017, 04:34:58 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

I think Facebook will disagree when they overtook MySpace.
hero member
Activity: 3080
Merit: 603
June 05, 2017, 03:19:06 AM
the other reason why bitcoin is the number one is because bitcoin has the biggest market cap among of other cryptocurrency.
It is one of the reason and it's clear to see that it's number one. Once there is another alt coin that will surpass the marketcap of bitcoin then it will not be number 1 anymore. But everyone is believing and seeing the good future of bitcoin, looking at the charts of it will make you say that it will always be #1.
full member
Activity: 812
Merit: 187
June 05, 2017, 03:01:55 AM
It is the first cryptocurrency created and other cryptocurrency are jist a copy of what is bitcoin.. Bitcoin is really have an a successful high price value market and still increasing its price in a high rate and can be a really good investment for everyone so better if you invested earlier.
the other reason why bitcoin is the number one is because bitcoin has the biggest market cap among of other cryptocurrency.
hero member
Activity: 1092
Merit: 501
June 05, 2017, 12:56:09 AM
Bitcoin is the first of cryptocurrency, I think the reason bitcoin will always be #1 because another cryptocurrency, fact that altcoin use and accept bitcoin when ICO, so the price will increase, and this year is many ICO: https://tokenmarket.net/ico-calendar and of course use bitcoin.
Being the first gives you and advantage but it does not guarantee your success, you need to keep innovating or you are going to be left behind, just look at the betamax vs vhs, or myspace vs facebook, there are many instances of the first technology being replaced by something better even when it had such a head start, so bitcoin needs to keep improving if we want bitcoin to retain that position.
hero member
Activity: 686
Merit: 500
June 04, 2017, 02:54:46 PM
To believe that bitcoin will always be #1 is nothing more than a matter of faith without solid foundations.

It is to close the door to the development of new technologies that in the near future could reveal the weaknesses of bitcoin to displace it.

So I believe bitcoin will always be valuable and useful, but I'm not so sure that it will always preserve its current hegemony forever.
Bitcoin has already got the solid foundations because many people have invested in bitcoin and many companies are now running on bitcoin so f there will be any harm to bitcoin then these companies will also be in harm and because of that no one will harm bitcoin and bitcoin will go more stronger.
hero member
Activity: 966
Merit: 507
June 04, 2017, 02:52:56 PM
To believe that bitcoin will always be #1 is nothing more than a matter of faith without solid foundations.

It is to close the door to the development of new technologies that in the near future could reveal the weaknesses of bitcoin to displace it.

So I believe bitcoin will always be valuable and useful, but I'm not so sure that it will always preserve its current hegemony forever.
legendary
Activity: 1050
Merit: 1001
June 04, 2017, 12:00:35 PM
It is because a bitcoin is a good investment and most investors want to invest and trade in bitcoin. Because bitcoin is most popular and many people like in bitcoin. Many people believe the important of bitcoin in our lives and needs. Bitcoin is a demand and trusted currency that's why people wants
 and interested.
Why people wants a high fee coin where there's a lot of altcoin offering better situation?
Lower fee , faster transaction proccess etc , people want all of them.
And it seems bitcoin getting outdated if the stakeholders did not make an action to fix the current problem , bitcoin could be no longer be the number 1.
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