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Topic: The Reason Bitcoin will always be #1 - page 14. (Read 41502 times)

sr. member
Activity: 1638
Merit: 300
April 23, 2017, 06:15:25 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.

Not always though, bitcoin do not change its transaction or confirming speed, would be taken over by other crypto currency with good transactions. Ethereum is a candidate though, but I think it will take years before it happen. And isn't bitcoin "global" when it was used evwn in the past? And if bitcoin will be uaed by many countries, I know that they will be also making some decisions like using another alternative currency.
legendary
Activity: 2576
Merit: 1655
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.
full member
Activity: 421
Merit: 100
April 23, 2017, 03:59:08 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.
sr. member
Activity: 434
Merit: 270
April 22, 2017, 04:57:51 AM
its not even a good name.
imho bit coin is successfull is because its been adopted by majority people.

idk if there were any crypto-curency before bitcoin., but there were many virtual currencies .
hero member
Activity: 896
Merit: 1000
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April 22, 2017, 03:49:21 AM
Still bitcoin is the number one every now and then. There are many reasons why bitcoin is always number one. The posted above is just the few only. Even some cyptocurrency users and adopters tries to invest in other coin, they never regret investing also in BTC with large amount compare to alts.

From where I am setting I don't see an alt compete with bitcoin now and the next 4 years.
ETH and Waves made tremendous steps, Even bitbay with it's market. However the average person don't know or trust Bitcoin, let alone some alt's
hero member
Activity: 2464
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April 22, 2017, 03:34:25 AM
Still bitcoin is the number one every now and then. There are many reasons why bitcoin is always number one. The posted above is just the few only. Even some cyptocurrency users and adopters tries to invest in other coin, they never regret investing also in BTC with large amount compare to alts.
hero member
Activity: 1190
Merit: 568
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April 22, 2017, 03:17:01 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.
it has a lot investor in all over the country and it has a many user in all the world. bitcoin also has the highest value among other coins that was the main reason why it is the #1 among all.
sr. member
Activity: 434
Merit: 250
April 21, 2017, 05:47:58 PM
Even though several digital currencies has existed and competing hard to grab the number one position, bitcoin stops it with the potential it gained in a short time period of around 8years time. This serves bitcoin to be the one to be the best of all and stand high.
That is true and it's impossible to capture bitcoins matket by other coin in the next 10-20 years. Another why it's number one is because it has a ability to grow back after a huge drop, other coins like dash , eth couldn't survive this drop as we saw but somehow bitcoin always manages it.
You are right, bitcoin will be always number one in the market if we compare it by others cryptocurrencies. As you said, bitcoin is too strong, he never die by a huge drop as you said. It is always return strongest after a decrease of the price. Anyways, I don't think that any currency can do that. this is why bitcoin will be the best. Also, bitcoin have a large community, so by the trust bitcoin will be the 1#.
hero member
Activity: 812
Merit: 510
April 21, 2017, 05:24:19 PM
Even though several digital currencies has existed and competing hard to grab the number one position, bitcoin stops it with the potential it gained in a short time period of around 8years time. This serves bitcoin to be the one to be the best of all and stand high.
That is true and it's impossible to capture bitcoins matket by other coin in the next 10-20 years. Another why it's number one is because it has a ability to grow back after a huge drop, other coins like dash , eth couldn't survive this drop as we saw but somehow bitcoin always manages it.
sr. member
Activity: 476
Merit: 250
April 21, 2017, 05:16:02 PM
As the ancestor of all the coins types, bitcoin is gonna remain number one!
hero member
Activity: 812
Merit: 500
April 21, 2017, 05:07:26 PM
I think is the first, we all know that cryptocurrency first is bitcoin so better known than the other cryptocurrency, but I'm sure there are coins that later could replace the bitcoin.

If bitcoin develops and improves, then no other coin can replace it. For now, it is still the best digital coin.

You're kind of on the right side though you are wrong as well. Bitcoin is not used by many stores in real life because there's a bunch of updates and development going on it. Bitcoin is being used because Bitcoin works and because of that face the hype that is around Bitcoin allows Bitcoin to get larger acceptance by the people in the world.

If someone makes a coin that has more hype than Bitcoin then Bitcoin will be in second place.
hero member
Activity: 896
Merit: 500
April 21, 2017, 09:30:45 AM
I think is the first, we all know that cryptocurrency first is bitcoin so better known than the other cryptocurrency, but I'm sure there are coins that later could replace the bitcoin.

If bitcoin develops and improves, then no other coin can replace it. For now, it is still the best digital coin.

Bitcoin can completely be replaced by other coin, however, that depends entirely on the market. The market has an important influence on all currencies. And the power is always the market appeal, bitcoin is still top because it is still stable. However, if at some point, it encounters trouble and stops for a long time, many other currencies will pass bitcoin.
legendary
Activity: 1414
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April 21, 2017, 08:33:31 AM
I think is the first, we all know that cryptocurrency first is bitcoin so better known than the other cryptocurrency, but I'm sure there are coins that later could replace the bitcoin.

If bitcoin develops and improves, then no other coin can replace it. For now, it is still the best digital coin.

Bitcoin can completely be replaced by other coin, however, that depends entirely on the market. The market has an important influence on all currencies. And the power is always the market appeal, bitcoin is still top because it is still stable. However, if at some point, it encounters trouble and stops for a long time, many other currencies will pass bitcoin.
doesn't makes any sense when you talking about stable bitcoin ,
but maybe you mean bitcoin has been more established compared to any other cryptocurrency right?
the only thing that can make bitcoin disappear or replaced when satoshi appears and do something crazy ,
causing bitcoin in trouble and dropped , you know what i mean  Roll Eyes .
sr. member
Activity: 284
Merit: 250
April 21, 2017, 04:31:44 AM
I think is the first, we all know that cryptocurrency first is bitcoin so better known than the other cryptocurrency, but I'm sure there are coins that later could replace the bitcoin.

If bitcoin develops and improves, then no other coin can replace it. For now, it is still the best digital coin.
hero member
Activity: 994
Merit: 502
April 21, 2017, 04:31:26 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

Bitcoin is performing a big role in our society today. It helps many people in different situation like it gives small business, helps in tuition, game cards and different aspects. Bitcoin is such a popular digital money today and I th8nk that bitcoin will not be replaced by any other digital money because of it's advantages and value among other.
Bitcoin acceptance as well the importance in several industries were quite high than many other digital currencies that exist randomly. Also no other cryptocurrencies have gained the government support and regulated usage. This makes it the best of all in the digital network.
legendary
Activity: 1512
Merit: 1041
April 21, 2017, 04:28:12 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.
Bitcoin will always be a number one for me. I got a money, one of my source of income. Easily to earn, I became a hardworking student. It changed my life, my beliefs was also changed. I become eager to earn more money and to save my money or bitcoin. I became economical, industrious, and persevere.

That's really great to hear that someone has been changed by bitcoins. I commend your for being a working student and you are earning from cryptocurrencies. However, for now bitcoins can be said to be the undisputed number one cryptocurrency, but there are quite a lot of problems that has not been solve which could really break it.
That is true, even though bitcoin is number one right now when it comes to cryptocurrencies and it has a lot of users supporting it, there is lot that has to be done to make it better, because right now with this amount of people using it the transactions are slow and the fees getting higher, and this is driving people away from it and in the future if this continues people will have hard time using it even if it becomes wildly accepted, so further developments need to be made before bitcoin dominates the currency market.
full member
Activity: 156
Merit: 100
April 21, 2017, 03:19:48 AM
When everyone makes altcoin so automatically they introduce bitcoin because they make by paying a bounty bitcoin, when ICO they accept bitcoin. because of the widely used then bitcoin will always be # 1
hero member
Activity: 2856
Merit: 674
April 21, 2017, 01:21:37 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

Bitcoin is performing a big role in our society today. It helps many people in different situation like it gives small business, helps in tuition, game cards and different aspects. Bitcoin is such a popular digital money today and I th8nk that bitcoin will not be replaced by any other digital money because of it's advantages and value among other.
I think you can still pay your tuition in fiat, if you are referring to working with bitcoin and earn you can do that in real life too and earn fiat.
Hence, I believe it is not the main reason why bitcoin is number one, we should base the importance on what benefits the majority.
sr. member
Activity: 896
Merit: 268
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April 21, 2017, 12:56:54 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

Bitcoin is performing a big role in our society today. It helps many people in different situation like it gives small business, helps in tuition, game cards and different aspects. Bitcoin is such a popular digital money today and I th8nk that bitcoin will not be replaced by any other digital money because of it's advantages and value among other.
sr. member
Activity: 411
Merit: 335
April 21, 2017, 12:49:00 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

It is because bitcoin is the most popilar digital money today and many people will limely to use it because of it's advantages. Although it has many disadvantages yet the responsible people always make a way to fix the problem and overcome each situation. Bitcoin is very helpful in terms of business, jobs and even for trips or communication. Bitcoin makes any transactions fast and reliable.
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