The Reason Bitcoin will always be #1 - page 19.

g83

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Quote from: jc89 on April 12, 2017, 10:58:25 AM

Quote from: dadaas on April 12, 2017, 06:51:02 AM

Quote from: Kizaki on April 12, 2017, 06:35:16 AM

Quote from: BitcoinBarrel on January 10, 2017, 03:36:51 PM

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

No other name will be as good.

By this time yes i think about this thing too,that no other crypto currency will replace bitcoins by this time,But will it remain as is forever?Bitcoins maybe beaten up by more cyrptocurrency that will be launch in the future,Bitcoins will just survive if they are able to go with the flow of developing age.But yet still bitcoins will be worlds number 1 cryptocurrency up to date

There is a possibility that bitcoin can get replaced by any other currency in future only if the new currency would be holding better benefits then bitcoin and if that happens then people will surely switch to that currency leaving bitcoins behind.

This is harsh but undeniably true! There is a possibility. This is unavoidable if bitcoin will not evolve and improve itself. For example, the elapsed time in order to confirm transactions. If the confirmation will take long, then others may use alternatives such as using fiat (especially if the transaction is a face to face payment). The confirmation time of transactions is impractical today because people prefer instant. If a new currency will adopt the characteristics of bitcoin and then implements the improvements (such as the one mentioned earlier), the tendency is for people to shift from bitcoin to the new one.

Yes delay in confirmation time is an major issue at a moment and even the fees have gone higher so if new currency will have less fees and instant confirmation then it will take no time for people to leave bitcoins behind and adopt the new currency.

jc89

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Quote from: dadaas on April 12, 2017, 06:51:02 AM

Quote from: Kizaki on April 12, 2017, 06:35:16 AM

Quote from: BitcoinBarrel on January 10, 2017, 03:36:51 PM

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

No other name will be as good.

By this time yes i think about this thing too,that no other crypto currency will replace bitcoins by this time,But will it remain as is forever?Bitcoins maybe beaten up by more cyrptocurrency that will be launch in the future,Bitcoins will just survive if they are able to go with the flow of developing age.But yet still bitcoins will be worlds number 1 cryptocurrency up to date

There is a possibility that bitcoin can get replaced by any other currency in future only if the new currency would be holding better benefits then bitcoin and if that happens then people will surely switch to that currency leaving bitcoins behind.

This is harsh but undeniably true! There is a possibility. This is unavoidable if bitcoin will not evolve and improve itself. For example, the elapsed time in order to confirm transactions. If the confirmation will take long, then others may use alternatives such as using fiat (especially if the transaction is a face to face payment). The confirmation time of transactions is impractical today because people prefer instant. If a new currency will adopt the characteristics of bitcoin and then implements the improvements (such as the one mentioned earlier), the tendency is for people to shift from bitcoin to the new one.

lOvE mE forEvEr

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Many of the things that makes the bitcoin is # 1, but I think the most important point is the most profitable, we all know the investment is currently moving slowly so the bitcoin is the best investment.

dadaas

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Quote from: Kizaki on April 12, 2017, 06:35:16 AM

Quote from: BitcoinBarrel on January 10, 2017, 03:36:51 PM

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

No other name will be as good.

By this time yes i think about this thing too,that no other crypto currency will replace bitcoins by this time,But will it remain as is forever?Bitcoins maybe beaten up by more cyrptocurrency that will be launch in the future,Bitcoins will just survive if they are able to go with the flow of developing age.But yet still bitcoins will be worlds number 1 cryptocurrency up to date

There is a possibility that bitcoin can get replaced by any other currency in future only if the new currency would be holding better benefits then bitcoin and if that happens then people will surely switch to that currency leaving bitcoins behind.

Kizaki

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Quote from: BitcoinBarrel on January 10, 2017, 03:36:51 PM

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

No other name will be as good.

By this time yes i think about this thing too,that no other crypto currency will replace bitcoins by this time,But will it remain as is forever?Bitcoins maybe beaten up by more cyrptocurrency that will be launch in the future,Bitcoins will just survive if they are able to go with the flow of developing age.But yet still bitcoins will be worlds number 1 cryptocurrency up to date

Harlot

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Quote from: CoinThinker on April 12, 2017, 04:41:04 AM

Quote from: shadowdio on April 12, 2017, 03:50:42 AM

Quote from: BitcoinBarrel on January 10, 2017, 03:36:51 PM

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

No other name will be as good.

because of the name? i think no, the reason why bitcoin #1 altcoin is because easy to use, no hassle, no verification required for transactions, and the popular for payment method like gpt site, gambling site and etc.

One thing I want to make it clear that bitcoin is not an altcoin and bitcoin holds its own identity and altcoins are small babies of bitcoin and when it comes to digital currency bitcoin is the best as it holds multiple features which you will never see with any other altcoin or fiat currency.

There is a sense on what he have said, as what CoinThinker said Bitcoin is an identity in which made it successful. If you ask one person if they know Bitcoin and Ethereum chances are they might only know what Bitcoin is and they would think Ethereum as some kind of rare earth metal. An Identity just like any other corporations is well valued by its owners that is why they register it as a Trade Mark so that they can protects its name (eg. Windows, Apple). In Bitcoin they have started the waves of new Altcoin there won't even be any "Alternative Coin" if there is no Bitcoin from the start. Bitcoin is not even the best Cryptocurrency now as there is new and new Altcoins everyday who gives better technology but too bad Bitcoin's advantage is that it is the most popular Cryptocurrency out there.

CoinThinker

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Quote from: shadowdio on April 12, 2017, 03:50:42 AM

Quote from: BitcoinBarrel on January 10, 2017, 03:36:51 PM

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

No other name will be as good.

because of the name? i think no, the reason why bitcoin #1 altcoin is because easy to use, no hassle, no verification required for transactions, and the popular for payment method like gpt site, gambling site and etc.

One thing I want to make it clear that bitcoin is not an altcoin and bitcoin holds its own identity and altcoins are small babies of bitcoin and when it comes to digital currency bitcoin is the best as it holds multiple features which you will never see with any other altcoin or fiat currency.

danherbias07

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Still thinking about that now. Due to the event that made transaction payments went higher my introduction for bitcoin should change.
You cant say now "bitcoin is better than WU because of the lower tx fee".
Cant really say also "invest in bitcoin, it moves up and down and you can profit from it".
Some people when hearing the word "invest" they run. But I feel like it is really the last option, you would just need to find the right person who would take the risk.

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Quote from: BitcoinBarrel on January 10, 2017, 03:36:51 PM

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

No other name will be as good.

because of the name? i think no, the reason why bitcoin #1 altcoin is because easy to use, no hassle, no verification required for transactions, and the popular for payment method like gpt site, gambling site and etc.

iv4n

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Bitcoin is unique name, and some members tried to suggest some other cool name, but nothing is even close to bitcoin and how bitcoin sounds.
Except the name, bitcoin is more widespread then any other crypto, have more places that accept bitcoin as currency. Bitcoin still doesn't have real threat from other crypto currencies, some cost more then before but still all of them are far behind.

roomfirst

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In my opinion, the reason bitcoin will always be number 1 because Bitcoin have a low fee for each transaction, Easy to use and Easy to transfer bitcoin from 1 to another address. Really high price for each coin and the price that keep raising. Every year, there are many people start using bitcoin and when all people around the world using bitcoin, bitcoin will become number 1 for online currency.

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Quote from: bhadz on April 11, 2017, 10:43:29 PM

Quote from: Oo ako to on April 11, 2017, 09:39:12 PM

The reason bitcoin will be always be number one is because of its thousands loyal users. Bitcoin is now used by many companies. Gambling, services, and buying or selling of goods. Its the first made cryptocurrency so definitely it has to be the number one.

The continuous flow of it's market and money that is coming in to bitcoin makes it to become always to be the number 1. And it is the first crypto currency that was introduce, those next alt coins that came out eventually got the idea of it. This is the most popular coin that is going to make it always the number #1.

We can see what how much is their is the different from bitcoin and altcoins in the coinscapmarket.
Bitcoin as of the moment is $19,613,123,089 while the number 1 altcoin which is ether is 2nd with $3,931,294,37,
that is a huge disparity and we can clearly see bitcoin is the number 1 and it can beat all altcoins combined.

bhadz

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Quote from: Oo ako to on April 11, 2017, 09:39:12 PM

The reason bitcoin will be always be number one is because of its thousands loyal users. Bitcoin is now used by many companies. Gambling, services, and buying or selling of goods. Its the first made cryptocurrency so definitely it has to be the number one.

The continuous flow of it's market and money that is coming in to bitcoin makes it to become always to be the number 1. And it is the first crypto currency that was introduce, those next alt coins that came out eventually got the idea of it. This is the most popular coin that is going to make it always the number #1.

poetra2501

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Quote from: Dimelord on April 11, 2017, 03:39:36 PM

Quote from: Bitcotalk on January 10, 2017, 03:53:34 PM

I think it do not depend the name but it depend on the features and the trust on it. It is the first cryptocurrency coming to the internet and then people started to use it and then they knew that it is the most secure currency out of all other coins and so it is still No.1

Although the name Bitcoin is very catchy,Bitcoin is celebrated for its magnificent features.Its the pioneer in crypto coins.It has been eight years since bitcoin has been created,but no altcoin has been able to come near its place.They have been just pump and dump coins.People invest in altcoins to just fill their pockets quickly using the pump situations.Nobody invests in altcoins for their features.Only bitcoin is bought for its features such as decentralization,P2P transactions,fast transactions,safe investment,etc.

Indeed, Bitcoin is very unique, he's like a mother of altcoin. Bitcoin haven't
a developer who governing and controlling it. He is absolutely in the keep by us
(the community of Bitcoin) with peer to peer systems. Contrast with altcoin
which had developers who can control his coins.

Oo ako to

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The reason bitcoin will be always be number one is because of its thousands loyal users. Bitcoin is now used by many companies. Gambling, services, and buying or selling of goods. Its the first made cryptocurrency so definitely it has to be the number one.

Sadlife

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Lol aside from bitcoin's great name there are also other aspects that this virtual coin has for example:
It's decentralized feature where no government or evil corporate overlord is trying to control you
Anonymous feature where you dont need to give away sensitive information to send or receive money.
And it is the main crypto currency for all altcoin.

Ayiranorea

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Bitcoin served to be the best because it had overcome several oppositions and issues that was made on bitcoin. It corrected itself and moved forward causing a big revolution in the structured progressing which help it hold the number one position.

Omega Weapon

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Quote from: Dimelord on April 11, 2017, 03:39:36 PM

Quote from: Bitcotalk on January 10, 2017, 03:53:34 PM

I think it do not depend the name but it depend on the features and the trust on it. It is the first cryptocurrency coming to the internet and then people started to use it and then they knew that it is the most secure currency out of all other coins and so it is still No.1

Although the name Bitcoin is very catchy,Bitcoin is celebrated for its magnificent features.Its the pioneer in crypto coins.It has been eight years since bitcoin has been created,but no altcoin has been able to come near its place.They have been just pump and dump coins.People invest in altcoins to just fill their pockets quickly using the pump situations.Nobody invests in altcoins for their features.Only bitcoin is bought for its features such as decentralization,P2P transactions,fast transactions,safe investment,etc.

The name is nice but the reasons bitcoin is number one, is because bitcoin was the number one, nothing like bitcoin existed until it was created and the amazing characteristics bitcoin has made bitcoin and incredible popular choice in comparison to other coins.

Dimelord

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Quote from: Bitcotalk on January 10, 2017, 03:53:34 PM

I think it do not depend the name but it depend on the features and the trust on it. It is the first cryptocurrency coming to the internet and then people started to use it and then they knew that it is the most secure currency out of all other coins and so it is still No.1

Although the name Bitcoin is very catchy,Bitcoin is celebrated for its magnificent features.Its the pioneer in crypto coins.It has been eight years since bitcoin has been created,but no altcoin has been able to come near its place.They have been just pump and dump coins.People invest in altcoins to just fill their pockets quickly using the pump situations.Nobody invests in altcoins for their features.Only bitcoin is bought for its features such as decentralization,P2P transactions,fast transactions,safe investment,etc.

whizter

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Quote from: DarkIT on April 11, 2017, 01:42:27 PM

see bitcoin prices are rising, and prices are declining altcoin, makes me think that bitcoin altcoin can not be replaced by another.
I guess that comes only strengthen altcoin popularity of bitcoin, so the better altcoin, the better bitcoin. so it makes bitcoin always be number one.

and to me i think that the number of bitcoin users are increasing more as compare to any other alt coin. and that can also be the reason that no other crypto currency will compete with bitcoin. and bitcoin will remain as number one currency of the world.

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