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Topic: The Reason Bitcoin will always be #1 - page 40. (Read 41515 times)

sr. member
Activity: 672
Merit: 250
January 17, 2017, 11:52:14 AM
I think one of the main reason why bitcoin is still number 1 digital currency was the price of it is tough high, and this is because the people community patronized it so well and gave it a high value compare  to other altcoin/cryptocurrency.

Price probably plays a great role in making bitcoin the number 1 digital currency in the world. Though it has many features but the first thing an ordinary person would see about a currency on internet is probably its price and the fact that it grows, so yes bitcoin is famous because it has a huge price.
newbie
Activity: 57
Merit: 0
January 17, 2017, 08:15:03 AM
If BU is successful at forking it will be not number 1 anymore for sure as BTC would be nothing more than Paypal 2.0, another alt would update SW, LN and stay small block and highly decentralized. Smiley
hero member
Activity: 994
Merit: 544
January 17, 2017, 08:03:01 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.
Whats in name? I dont think it is name that made is best.I think bitcoin is best and popular because it is the father of all cryptocurruncy.It is the real innovation which opened the path for many new crypto to born and blockchain to thrive.

Indeed, it is not the name that make bitcoin the number one cryptocurrency there is online but the value that it has. BItcoin being the first cryptocurrency has indeed earned the trust of its users around the world and its value is a thousand times much bigger compared to other altcoins. The years bitcoin has existed in the market has proven itself to be useful and trusted.
legendary
Activity: 2562
Merit: 1441
January 17, 2017, 06:53:05 AM
Brand name recognition.

 Smiley

Makes sense.
sr. member
Activity: 308
Merit: 250
January 17, 2017, 06:52:21 AM
I think the main reason why the bitcoin will always be the number 1 crypto currency is it is the first crypto currency that decentralized cryptocurrency,
I mean before bitcoin Wei Dai published a description of b-money and there was also bitgold,

Well said and I also think that it will always be the number 1 because people have trusted this bitcoin so much,
And also this cryptography currency is becoming more popular this day specially this bitcoin,
hero member
Activity: 518
Merit: 500
January 17, 2017, 06:35:47 AM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.
Whats in name? I dont think it is name that made is best.I think bitcoin is best and popular because it is the father of all cryptocurruncy.It is the real innovation which opened the path for many new crypto to born and blockchain to thrive.
sr. member
Activity: 854
Merit: 251
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January 17, 2017, 06:32:41 AM
I think the main reason why the bitcoin will always be the number 1 crypto currency is it is the first crypto currency that decentralized cryptocurrency,
I mean before bitcoin Wei Dai published a description of b-money and there was also bitgold,
newbie
Activity: 56
Merit: 0
January 17, 2017, 06:17:37 AM
exactly
Bitcoin is No.1 forever
This virtual currency is widely most popular
despite experiencing many changes, but it remains stable later
so I believe it's always best to thrive
member
Activity: 83
Merit: 10
January 17, 2017, 06:10:38 AM
Agree, most coins these days are a pump and dump coin.
sr. member
Activity: 504
Merit: 250
January 16, 2017, 08:04:25 PM
i agree that the name bitcoin is attractive and catchy.. but i dont think so that names matters so much or it gives a hard impact.. for me, the success of a coin will always on the hardwork of the developers. if they do nothing or stop doing for its improvement then a cpin will turn to shits coins. thats what happens to most coins actually..
newbie
Activity: 28
Merit: 0
January 16, 2017, 07:54:07 PM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

bytecoin is also cool name, but price isnot cool Grin

Hey I already said that!
hero member
Activity: 1568
Merit: 511
January 16, 2017, 07:53:05 PM
How about dogecoin?

I always thought it will be the #2 coin in the industry, is it because too much volume? and no development?
sr. member
Activity: 462
Merit: 250
January 16, 2017, 07:45:36 PM
Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

bytecoin is also cool name, but price isnot cool Grin
hero member
Activity: 3164
Merit: 675
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January 16, 2017, 02:58:44 AM
The capability of self-updating and enhancing will be making bitcoin to be number one cryptocurrency always.

Yes, bitcoin will never get outdated as its developers will keep on eyeing to add new features to stay versatile all the times. We may face some delays in implementing them but time will ask for those update for its survival.
hero member
Activity: 1092
Merit: 500
January 16, 2017, 02:30:51 AM
In my thought, its not because Bitcoin is the name it means we are no.1. of course its not like that, probably it became no.1 because of its unique features for the users, and we know the uniqueness it has, in fact , we benefited it already at the present now. That's why bitcoin users increasing more.
hero member
Activity: 3024
Merit: 680
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January 16, 2017, 12:46:43 AM
It is convenient and user is anonymous
Transactions are fast and there is no need of any credit or debit card number

Actually users are anonymous but when it comes to the transactions. Each tx can be determined on where address did it came from. But however the whole bitcoin system is really a convenience to all of the people that doesn't want to pay big amount of taxes when sending big amount of money. So btc will always be #1 because of its freedom.
legendary
Activity: 1386
Merit: 1020
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January 16, 2017, 12:45:23 AM
I think one of the main reason why bitcoin is still number 1 digital currency was the price of it is tough high, and this is because the people community patronized it so well and gave it a high value compare  to other altcoin/cryptocurrency.
Yes,prize does really indicates that it remains on the top spot since no one or coins would able to surpass it and if they do they will need a long time in able to catch up but i dont think theres a coin would matches bitcoins development but well who knows and there might be a coins would able to rise its price like bitcoin did.
hero member
Activity: 1022
Merit: 500
January 16, 2017, 12:33:23 AM
I think one of the main reason why bitcoin is still number 1 digital currency was the price of it is tough high, and this is because the people community patronized it so well and gave it a high value compare  to other altcoin/cryptocurrency.
sr. member
Activity: 392
Merit: 257
January 16, 2017, 12:14:27 AM
It is convenient and user is anonymous
Transactions are fast and there is no need of any credit or debit card number
hero member
Activity: 896
Merit: 1000
January 15, 2017, 08:52:31 PM
The reason is the market heavily relies on btc value.
Almost every altcoin exchange has btc as a form of trade, Just as fiat is bitcoins backing, bitcoin is altcoin backing.
When btc is dumped altcoins are going to be dumped an in fact you can see this when there is huge movements in btc.
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