The Reason Bitcoin will always be #1 - page 33.

soul-impact

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Quote from: rizkyhiw on February 02, 2017, 12:39:14 PM

Quote from: markyminer on February 02, 2017, 11:55:57 AM

Quote from: jakelyson on February 02, 2017, 09:45:23 AM

Well it was the first cryptocurrency ever created, so it is just normal the it is number 1 for now. But there is a lot of competition trying to solve the weakness of bitcoin. If bitcoin will fail to adopt in the future or if it fails to scale, there will be a chance another cryptocurrency will take its place. There are some good alt-coins coming out and under good developers with good road maps.

in fact still the number of bitcoin users are increasing compartively more than any other crypto currency. that is why bitcoin is still number one crypto currency of the world.

A lot of factor actually makes bitcoin irreplaceable
It was the pioneer of cryptocurrency, no way bitcoin kicked out from the top list
The name also as op mentioned, easy to remember not like any other crypto that have complicated names.

Bitcoin is great but is is not as great as you think. It is because Bitcoin is the origin so that many people enjoy using it. In the future, other cryptos like zcash and etherium will replace Bitcoin to become the number one digital currency. There are still many errors in Bitcoin and I think it can not supply all the people on this planet

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Quote from: markyminer on February 02, 2017, 11:55:57 AM

Quote from: jakelyson on February 02, 2017, 09:45:23 AM

Well it was the first cryptocurrency ever created, so it is just normal the it is number 1 for now. But there is a lot of competition trying to solve the weakness of bitcoin. If bitcoin will fail to adopt in the future or if it fails to scale, there will be a chance another cryptocurrency will take its place. There are some good alt-coins coming out and under good developers with good road maps.

in fact still the number of bitcoin users are increasing compartively more than any other crypto currency. that is why bitcoin is still number one crypto currency of the world.

A lot of factor actually makes bitcoin irreplaceable
It was the pioneer of cryptocurrency, no way bitcoin kicked out from the top list
The name also as op mentioned, easy to remember not like any other crypto that have complicated names.

markyminer

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Quote from: jakelyson on February 02, 2017, 09:45:23 AM

Well it was the first cryptocurrency ever created, so it is just normal the it is number 1 for now. But there is a lot of competition trying to solve the weakness of bitcoin. If bitcoin will fail to adopt in the future or if it fails to scale, there will be a chance another cryptocurrency will take its place. There are some good alt-coins coming out and under good developers with good road maps.

in fact still the number of bitcoin users are increasing comparatively more than any other crypto currency. that is why bitcoin is still number one crypto currency of the world. It is also a fact that bitcoin was the first every created as crypto currency and laid the foundation. bitcoin is anonymous no one even know the founder of bitcoin and it can be use in all over the world as its users are now available everywhere which also make it number one currency of the world.

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Quote from: bravehearth0319 on February 02, 2017, 10:31:19 AM

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.

Maybe because its very trending in the Internet. Particularly here in my country, though most of people here still not knowledgeable in bitcoin, but they often heard it for the different companies which MLM(multi-level marketing).

I don't think bitcoin is much trending in the internet, several other incidents were trending in the internet. Personally if some video describing all the features of digital currency gets in the top trending videos of You Tube can get more popularity.

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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.

Maybe because its very trending in the Internet. Particularly here in my country, though most of people here still not knowledgeable in bitcoin, but they often heard it for the different companies which MLM(multi-level marketing).

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Quote from: btcdiggingmaster on February 02, 2017, 08:17:14 AM

Quote from: doaremon on February 02, 2017, 08:11:03 AM

Because bitcoin secured its place in the best way in these years.Secured, no trace, and easiest exchange way made it more popular to people. Only bitcoin is its own competitor.

Bitcoin is famous because it is completely decentralized currency which is being managed in online or internet itself. The main advantage of bitcoin completely peer to peer transaction where many people transferring them immediately. Bitcoin is popular because no other crypto is not compete to bitcoin.

sorry to break down your dream but Bitcoin is not 100% decentralized since we can still do the 51% on Bitcoin. It is hard to understand this word, you can check it up on the google for more information. However, I have to admit that Bitcoin is still famous for many reasons and the number of Bitcoin keeps increasing day by day. In the future, we can not ensure whether Bitcoin will still number one or not but I do think that the digital currency system will be used mostly on the world

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Quote from: JANGKRIK BOSS on February 02, 2017, 02:46:01 AM

My reasons is simple and might be the same with most other users, because the current bitcoin is the most profitable investment. Since I bought the bitcoin a year ago, I never had a loss when selling it.

Yeah that is also a reason that it have a good profit to the investors and no one who are expert have lose any money. While one of the main reason is that it is most convenient payment system for most of the businesses and for most of the people. With that the adoption of this currency increases and people are getting the earning opportunities at more places.

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Quote from: artdor on February 02, 2017, 10:07:20 AM

Quote from: QuantumFoam on February 02, 2017, 02:39:57 AM

I won't say that bitcoin will always remain number 1 but yes it will remain number 1 for the long term. Any altcoin might come up with huge market cap and large community so it's not impossible kind of thing. However bitcoin as a early player of the cryptocurrency and blockchain technology, it is difficult for altcoins to compete with bitcoin as of now.

More expensive is not meant to be cryptocurrency number 1. Pound more expensive dollar, but the dollar is regarded as a world currency. in the same way and has may not be the most expensive relative to other violas, but being the first. Although, in the case of the dollar, that with Championship BitCoin may lost due to circumstances

That's right. To determine whether a currency deserves to be called number 1 currency or world's leading there are many factors and the value is just one of many factors. I will take another example that proves the value of coin didn't make the coin number one, as for example is Zcoin which is lately ever reached about few bitcoin for a ZCoin and now as you can see by yourself it's no potential competitor anymore for bitcoin in my perspective.

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Quote from: QuantumFoam on February 02, 2017, 02:39:57 AM

I won't say that bitcoin will always remain number 1 but yes it will remain number 1 for the long term. Any altcoin might come up with huge market cap and large community so it's not impossible kind of thing. However bitcoin as a early player of the cryptocurrency and blockchain technology, it is difficult for altcoins to compete with bitcoin as of now.

More expensive is not meant to be cryptocurrency number 1. Pound more expensive dollar, but the dollar is regarded as a world currency. in the same way and has may not be the most expensive relative to other violas, but being the first. Although, in the case of the dollar, that with Championship BitCoin may lost due to circumstances

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Quote from: BigBoom3599 on February 02, 2017, 07:19:55 AM

Quote from: ReLieD on February 02, 2017, 07:09:29 AM

Bitcoin will always remain number one.
First of all it was initiated at a perfect time ,
when the world was turning digital.
So it had a good start. Now it has grown alot over the years.
The present growth percentage of bitcoin is tremendous.
So it will always remain no. 1

I don't believe that... Bitcoin has a lot of serious competition, it currently still has it's first mover advantage and the advantage that it's the only cryptocurrency with some adoption. But that can change very quickly. Other cryptocurrencies are being developed rather quickly and are getting proper scaling solutions (Which is the major thing holding back bitcoin right now IMO). So if bitcoin stop being developed and other crypto's catch up, I think there's a big chance we may see other crypto's claiming #1

i think we do not worry, i believe bitcoin will remain to be favorites as digital payment, indeed the time is not predictable, may similar companies would appear, but i think the bitcoin already has fans, bitcoin have fanaticism, bitcoin very simple, very easy, very quickly, and we all know it, so of course bitcoin will be always number one, I see it from the development of the bitcoin today. the more people know about the bitcoin, more and more people using bitcoin, more people transaction bitcoin, cz bitcoin will great, so all people know, bitcoin still have a reason strong to remain be number 1.

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Well it was the first cryptocurrency ever created, so it is just normal the it is number 1 for now. But there is a lot of competition trying to solve the weakness of bitcoin. If bitcoin will fail to adopt in the future or if it fails to scale, there will be a chance another cryptocurrency will take its place. There are some good alt-coins coming out and under good developers with good road maps.

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Quote from: btcdiggingmaster on February 02, 2017, 08:17:14 AM

Quote from: doaremon on February 02, 2017, 08:11:03 AM

Because bitcoin secured its place in the best way in these years.Secured, no trace, and easiest exchange way made it more popular to people. Only bitcoin is its own competitor.

Bitcoin is famous because it is completely decentralized currency which is being managed in online or internet itself. The main advantage of bitcoin completely peer to peer transaction where many people transferring them immediately. Bitcoin is popular because no other crypto is not compete to bitcoin.

Bitcoin is not famous at all. How many people know about it? In my place only i am and my boyfriend. When i have tried to xplane bitcoin to some of my friends i met only sceptical looks. Bitcoin is hard for understanding and the idea of making money on the internet loos just as scam. So I am not surpriced:
Idoubt that bitcoin will alway be number one. it was pioner in this segment of the market and I think some other crypto currency can move bitcoin from its current position easily.

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Quote from: Xester on February 02, 2017, 09:37:18 AM

Quote from: BigBoom3599 on February 02, 2017, 07:19:55 AM

Quote from: ReLieD on February 02, 2017, 07:09:29 AM

Bitcoin will always remain number one.
First of all it was initiated at a perfect time ,
when the world was turning digital.
So it had a good start. Now it has grown alot over the years.
The present growth percentage of bitcoin is tremendous.
So it will always remain no. 1

I don't believe that... Bitcoin has a lot of serious competition, it currently still has it's first mover advantage and the advantage that it's the only cryptocurrency with some adoption. But that can change very quickly. Other cryptocurrencies are being developed rather quickly and are getting proper scaling solutions (Which is the major thing holding back bitcoin right now IMO). So if bitcoin stop being developed and other crypto's catch up, I think there's a big chance we may see other crypto's claiming #1

Your concept is very far from reality and will never occur. Bitcoin as a number one coin in the world of cryptocurrency will never waver nor be replaced with other coins. Though there are other coins that has huge potentials but it can never replace bitcoin at the top. The only thing that could surpass bitcoin are the fiat digital currencies that will soon be released on the market. If that happens bitcoin as a currency will not be number one but it will still continue to survive and go with the flow of times.

Reading up above someones doesnt have too much trust on bitcoin on which those assumptions are really far from reality and the coins that he is mentioning is too far away on bitcoin infact most of all are just cloning bitcoin regarding on tis features i dont see anything new on those coins at all.

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Quote from: BigBoom3599 on February 02, 2017, 07:19:55 AM

Quote from: ReLieD on February 02, 2017, 07:09:29 AM

Bitcoin will always remain number one.
First of all it was initiated at a perfect time ,
when the world was turning digital.
So it had a good start. Now it has grown alot over the years.
The present growth percentage of bitcoin is tremendous.
So it will always remain no. 1

I don't believe that... Bitcoin has a lot of serious competition, it currently still has it's first mover advantage and the advantage that it's the only cryptocurrency with some adoption. But that can change very quickly. Other cryptocurrencies are being developed rather quickly and are getting proper scaling solutions (Which is the major thing holding back bitcoin right now IMO). So if bitcoin stop being developed and other crypto's catch up, I think there's a big chance we may see other crypto's claiming #1

Your concept is very far from reality and will never occur. Bitcoin as a number one coin in the world of cryptocurrency will never waver nor be replaced with other coins. Though there are other coins that has huge potentials but it can never replace bitcoin at the top. The only thing that could surpass bitcoin are the fiat digital currencies that will soon be released on the market. If that happens bitcoin as a currency will not be number one but it will still continue to survive and go with the flow of times.

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Quote from: ReLieD on February 02, 2017, 07:09:29 AM

Bitcoin will always remain number one.
First of all it was initiated at a perfect time ,
when the world was turning digital.
So it had a good start. Now it has grown alot over the years.
The present growth percentage of bitcoin is tremendous.
So it will always remain no. 1

Bitcoin really is number 1 at the moment and may continue to be like this for a while but I don't suppose that it would stay the same forever. Because things always change and we can't be sure about anything or maybe I'm just being sceptical, it doesn't feel right to say like that. Like if you said that bitcoin would reach $1000 about 7 years ago, nobody would believe you but bitcoin has really reached $1000. So nothing is predictable Grin

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Quote from: btcdiggingmaster on February 02, 2017, 08:17:14 AM

Quote from: doaremon on February 02, 2017, 08:11:03 AM

Because bitcoin secured its place in the best way in these years.Secured, no trace, and easiest exchange way made it more popular to people. Only bitcoin is its own competitor.

Bitcoin is famous because it is completely decentralized currency which is being managed in online or internet itself. The main advantage of bitcoin completely peer to peer transaction where many people transferring them immediately. Bitcoin is popular because no other crypto is not compete to bitcoin.

These are true facts, but this is not what makes Bitcoin more successful than other currencies since other cryptocurrencies also have such features. I think that the fact that Bitcoin have arrived first allowed the currency to reach a larger user base. In addition, there are a lot of people mining around the world, this makes Bitcoin more decentralized than the competition, which do not have a network with the same level of support.

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Quote from: doaremon on February 02, 2017, 08:11:03 AM

Because bitcoin secured its place in the best way in these years.Secured, no trace, and easiest exchange way made it more popular to people. Only bitcoin is its own competitor.

Bitcoin is famous because it is completely decentralized currency which is being managed in online or internet itself. The main advantage of bitcoin completely peer to peer transaction where many people transferring them immediately. Bitcoin is popular because no other crypto is not compete to bitcoin.

doaremon

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Because bitcoin secured its place in the best way in these years.Secured, no trace, and easiest exchange way made it more popular to people.There were cryptocurrencies in the past also.But I think bitcoin is something more than just cryptocurrency.That's why its progress is noticable and still an one of the top virtual currency. Only bitcoin is its own competitor.

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Quote from: ReLieD on February 02, 2017, 07:09:29 AM

Bitcoin will always remain number one.
First of all it was initiated at a perfect time ,
when the world was turning digital.
So it had a good start. Now it has grown alot over the years.
The present growth percentage of bitcoin is tremendous.
So it will always remain no. 1

I don't believe that... Bitcoin has a lot of serious competition, it currently still has it's first mover advantage and the advantage that it's the only cryptocurrency with some adoption. But that can change very quickly. Other cryptocurrencies are being developed rather quickly and are getting proper scaling solutions (Which is the major thing holding back bitcoin right now IMO). So if bitcoin stop being developed and other crypto's catch up, I think there's a big chance we may see other crypto's claiming #1

ReLieD

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Bitcoin will always remain number one.
First of all it was initiated at a perfect time ,
when the world was turning digital.
So it had a good start. Now it has grown alot over the years.
The present growth percentage of bitcoin is tremendous.
So it will always remain no. 1

Topic: The Reason Bitcoin will always be #1 - page 33. (Read 41502 times)