The Reason Bitcoin will always be #1 - page 13.

ice098

hero member

Activity: 1498

Merit: 586

Quote from: alt213 on January 11, 2017, 12:21:54 PM

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

yep the name BITCOIN is very attractive , also there is other good names like Litecoin, Dash, Ethereum, Monero, Lisk........

because of its popularity bitcoin becomes more popular in the world , it has a many investors now in the market, many people are interested and someday it will known in all over the world, the most known crypto currency in the market.

ApplePanPine

newbie

Activity: 34

Merit: 0

Quote from: atronite on April 24, 2017, 07:59:41 AM

Bitcoins is number 1 cryptocurrency at a moment and cannot get replaced sooner by any other digital currency but anything is possible in future as nothing is permanent here and later on there is a full possibility that bitcoin will get replaced by some new technology or currency.

I agree, nothing is eternal. But if bitcoin is replaced, it will not happen soon. Many companies have not yet studied all the privileges of bitcoin. This is the strongest cryptocurrency in the next 20 years

hakanf

member

Activity: 66

Merit: 10

Altcoin Enthusiast

"Network effect" is the keyword here.

atronite

sr. member

Activity: 319

Merit: 250

Bitcoins is number 1 cryptocurrency at a moment and cannot get replaced sooner by any other digital currency but anything is possible in future as nothing is permanent here and later on there is a full possibility that bitcoin will get replaced by some new technology or currency.

ivanpoldark

sr. member

Activity: 700

Merit: 250

There so many rial fiat investments in bitcoin, that it is hard to imagine that any other crypto currency could take it's place. And most cryptocurrency exchange markets use bitcoin as as stable basis for trading.

Lecam

sr. member

Activity: 700

Merit: 254

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

Bitcoin is so popular to the whole world and many investor that they invest there money in bitcoin. So i think that is the reason bitcoin is always number one. Bitcoin is a good now to invest your money because this is the best crypto currency.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: bryant.coleman on April 24, 2017, 06:16:25 AM

Quote from: btctousd81 on April 22, 2017, 04:57:51 AM

idk if there were any crypto-curency before bitcoin., but there were many virtual currencies .

Virtual currencies are based either on fiats such as the United States Dollar or the Great Britain Pound, or on bullion metals such as gold and platinum. They are different from the crypto-currencies. There were many virtual currencies before 2009. But Bitcoin is the first crypto-currency (Wikipedia supports my argument). And it is not just popular because it is the first of its kind. Most of the altcoins are just copycats of the original. So people tend to give preference to Bitcoin.

It so happen that bitcoin is the most popular that is why people are thinking that altcoins are just copycats, but if you look closely you will see they have different purpose although they are using a blockchain platform. With a lot of crypto currencies circulating in the market, it will only make the industry more and more successful as it will help spread the good news to people.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

Quote from: btctousd81 on April 22, 2017, 04:57:51 AM

idk if there were any crypto-curency before bitcoin., but there were many virtual currencies .

Virtual currencies are based either on fiats such as the United States Dollar or the Great Britain Pound, or on bullion metals such as gold and platinum. They are different from the crypto-currencies. There were many virtual currencies before 2009. But Bitcoin is the first crypto-currency (Wikipedia supports my argument). And it is not just popular because it is the first of its kind. Most of the altcoins are just copycats of the original. So people tend to give preference to Bitcoin.

zahra4577

hero member

Activity: 518

Merit: 500

Quote from: cryptoblazter on April 23, 2017, 03:59:08 PM

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

I think bitcoin always on top because of the features ut has that are very useful for the bitcoin holders, especially in money transfer, aside from very fast transaction, the charge percentage was cheap also it is very safe and secured too, and most importantly to all is the decentralization of bitcoin.

There are crypto which have better features than bitcoin but still bitcoin price is high.
Bitcoin has advantage of being the first crypto coin and that is the reason of it's popularity and high price.

Cherylstar86

sr. member

Activity: 1484

Merit: 253

Well the reasons behind of bitcoin to be always number one because of it's profitable ability to make people be always comfortable on what they are earning, and specially on the fast transactions that they had all the time. Bitcoin was an anonymous type of money that has conquered beyond the world's currency market and even trading of altcoin depends on the btc price exchange, that always have higher profit of btc marketplace. So we are now at the progressive stage of digital currency, and surely price will be much expensive in the future.

Obito

sr. member

Activity: 1274

Merit: 293

Quote from: dearbesz1219 on April 23, 2017, 07:45:47 PM

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

I guess the reason why Bitcoin always number one in crypto world, it is because of the features it has, such as easy to use and very convenient, and when it comes to security it is also safe, then if you want to send money you can do send in any places of the world, and lastly the most I like was bitcoin decentralization where none of the private sectors in the government has no power to control it neither rules to deduct us any taxes.

Indeed, bitcoin will be always number 1 in crypto world because unlike the ther coins, bitcoin can be used in online transaction and online shopping. Yet, bitcoin is very easy to use and it is convinient...anyone can use it as payment around the world anytime. Furthermore, jus like the other's said it can't control by government.

Viscore

hero member

Activity: 3164

Merit: 660

Live with peace and enjoy life!

Quote from: ASHLIUSZ on April 23, 2017, 09:28:46 PM

Quote from: aardvark15 on April 23, 2017, 08:31:15 PM

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

You are correct, Bitcoin is known worldwide by name. Name recognition is an important selling tool. Plus it had a big headscarf on the other cryptocurrencies.

Name is a big factor for gaining more popularity, but the name might have got vanished if the experiment have failed. As it was found successful the name too added something in a better way to the technology. As it is the base for entire cryptocurrency it has headscarf over the other digital currencies.

The name are only recognize after the fact that it is useful to us, even if bitcoin was name just like you real name it will still become popular.
Like they said, the substance is very important and we know bitcoin is a good system for online transaction and the decentralization is very revolutionary, this reality gives hope to all of us that massive awareness will be spread out to humanity so they will have the chance to use it also.

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Quote from: aardvark15 on April 23, 2017, 08:31:15 PM

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

You are correct, Bitcoin is known worldwide by name. Name recognition is an important selling tool. Plus it had a big headscarf on the other cryptocurrencies.

Name is a big factor for gaining more popularity, but the name might have got vanished if the experiment have failed. As it was found successful the name too added something in a better way to the technology. As it is the base for entire cryptocurrency it has headscarf over the other digital currencies.

MingLee

hero member

Activity: 490

Merit: 520

Quote from: rikybrosh on April 23, 2017, 09:16:11 PM

Quote from: aardvark15 on April 23, 2017, 08:31:15 PM

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

You are correct, Bitcoin is known worldwide by name. Name recognition is an important selling tool. Plus it had a big headscarf on the other cryptocurrencies.

Name Is one of factors that influence the popularity of some thing, bitcoin is so easy to remember. When the first I heard about bitcoin I think this thing is something that corelate with computer. Bit is like somethinh that corelate with computer and coin is corelated with money. So I agree with you are.

A majority of Bitcoin's popularity comes down to it being "first", per say, along with it being the most valuable crypto that everyone seems to want to get their hands on. Most other cryptos have a much smaller dedicated community and they are less likely to put money into it.
Another big advantage Bitcoin has is that it was actually talked about on the news, and pretty prominently. That got a lot of people hooked on the name early.

rikybrosh

full member

Activity: 477

Merit: 100

Quote from: aardvark15 on April 23, 2017, 08:31:15 PM

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

You are correct, Bitcoin is known worldwide by name. Name recognition is an important selling tool. Plus it had a big headscarf on the other cryptocurrencies.

Name Is one of factors that influence the popularity of some thing, bitcoin is so easy to remember. When the first I heard about bitcoin I think this thing is something that corelate with computer. Bit is like somethinh that corelate with computer and coin is corelated with money. So I agree with you are.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: whizter on April 23, 2017, 07:23:06 PM

Quote from: Baofeng on April 23, 2017, 04:23:42 PM

Bitcoin will always be #1 because its the first crypto-currency that truly revolutionize how online payment platform should be. Anon, fast(?)de-centralized and now going global. Japan has proven it by getting it legal in their country so its going be mass adopted by other countries as well. No other alt-coins can matched bitcoin popularity.

to me i think bitcoin will always remain as number one crypto currency because the users of bitcoin are increasing continuously, i do not think that there is any other crypto currency which can compete with bitcoin.

Also the marketcap of bitcoin is increasing and that is making it to be the number #1 in the crypto currency scene. There will be new crypto's and aspiring one that are going to come out but the reality of it, they will never have a chance to make bitcoin out of it's current place which is the number one spot

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

You are correct, Bitcoin is known worldwide by name. Name recognition is an important selling tool. Plus it had a big headscarf on the other cryptocurrencies.

btcney

hero member

Activity: 588

Merit: 500

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

Have to admit that "Monero" has a good ring to it as well.

But the point is that everyone knows about bitcoin, and if you walk onto the streets and ask someone about what they know about cryptocurrencies, they're probably going to talk about bitcoin instead of any other altcoin.

It's the first coin. That's what makes it #1.

dearbesz1219

hero member

Activity: 924

Merit: 500

Quote from: BitcoinBarrel on January 10, 2017, 04:36:51 PM

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

I guess the reason why Bitcoin always number one in crypto world, it is because of the features it has, such as easy to use and very convenient, and when it comes to security it is also safe, then if you want to send money you can do send in any places of the world, and lastly the most I like was bitcoin decentralization where none of the private sectors in the government has no power to control it neither rules to deduct us any taxes.

whizter

hero member

Activity: 588

Merit: 500

Quote from: Baofeng on April 23, 2017, 04:23:42 PM

Bitcoin will always be #1 because its the first crypto-currency that truly revolutionize how online payment platform should be. Anon, fast(?)de-centralized and now going global. Japan has proven it by getting it legal in their country so its going be mass adopted by other countries as well. No other alt-coins can matched bitcoin popularity.

to me i think bitcoin will always remain as number one crypto currency because the users of bitcoin are increasing continuously, i do not think that there is any other crypto currency which can compete with bitcoin.

Topic: The Reason Bitcoin will always be #1 - page 13. (Read 41502 times)