Topic: The Reason Bitcoin will always be #1 - page 42. (Read 41515 times)
For me, the trust that built in bitcoin makes it the number 1 from now until forever. A lot of altcoins exists but no one exceeds the success the way bitcoin has reached right now. Therefore, I am stick to bitcoin whatever happens and will continue to invest with it and promote bitcoin with all my friends.
Bitcoin's hype started and keeps getting bigger and bigger. There's no exception to all coins, but since the economy is based on BTC gold the value will surely be without contrast. In no way is BTC ever falling, other coins seem to not be able to hold price-points. No matter the reasoning, the hierarchy will adjust the lesser according to how Bitcoin grows.
Many of those crypto currencies which appeared after bitcoin are already disappeared from the market. And many new ones will appear. But I doubt that any of it will be able to repeat the success of bitcoin.
The reason why bitcoin occupies the top spot is because bitcoin already has an established market - a large community of adopters; a feat that other cryptos have not yet achieved. It continues to gain popularity because to date, it's the main crypto used to reward participants for instance in crypto campaigns; merchants that accept bitcoin are growing in number, and in trading sites, it's like the base currency in a trading pair...
I agree that the name isn't really a factor why it is 'a good coin'. Of course it makes a little difference. I don't think people will be interested in 'PoopCoins' or anything like that 
Is because the name "Bitcoin" is the best name for a crypto-currency.
No other name will be as good.
I guess that is one of the reasons that Bitcoin is number one. But a lot of people don't even know about Bitcoin so the name doesn't really make a difference. No other name will be as good.
The reason why btcoin is number one is becuase, it is the pioneer of digital currency, it is the one that introduced new currency to the world, and now bitcoin is the stronger crypto currency, so everyone prefer to used bitcoin
As far as i know because bitcoin is the first crypto currency , bitcoin appears since 2009 And had underestimated but now everyone has recognized the valuable of bitcoin. Bitcoin also so popular as the top of crypto currency because the others crypto currency just follow the way which have been made by bitcoin.
Well, the fact of being the first cryptocurrency is something that gives a lot of advantages to Bitcoin, but surely that is only one aspect... What really makes Bitcoin to have the value it has at the moment is the fact that the technology works efficiently, and with a level of decentralization not reached by other currencies. In addition, there is a team of dedicated developers, who contributed to Bitcoin being what it is today.
Well, there is many reasons for this, but for me?
Bitcoin give me a fast transaction solution, and it's anonymous
not like paypal or others.
Bitcoin give me a fast transaction solution, and it's anonymous
not like paypal or others.
For me the reason Bitcoin is number 1 is because of the high trust level in the project. No one will be willing to path with $1000 for a computer code if not that that you are confident you are getting real value for you money, coupled with high trust is the discentralisation of Bitcoin which gives you total control of your money
Bitcoin will always be the first because there are large number of people supporting it. Also there are powerful interests groups supporting it. Of course all of this is because bitcoin is the first one in the space.
The big interest groups behind bitcoin are investors, they will not let bitcoin die, they will push bitcoins to all the different domains. As a comparison, altcoins get a lot less investment, that's why they are always small in market cap as compared to BTC.
Bitcoin will always be the first because there are large number of people supporting it. Also there are powerful interests groups supporting it. Of course all of this is because bitcoin is the first one in the space.
As far as i know because bitcoin is the first crypto currency , bitcoin appears since 2009 And had underestimated but now everyone has recognized the valuable of bitcoin. Bitcoin also so popular as the top of crypto currency because the others crypto currency just follow the way which have been made by bitcoin.
Yes exactly. Bitcoin is now widely used and people stepping into the world of cryptocurrency will first 'meet' the big Bitcoin before they will know of other coins.
Bitcoin is number one in cryptocurrency, Not because the name of bitcoin is the best name of cryptocurrency, because it's the first one in market of CryptoC and peoples trust it slowly until now, Nowadays There is a large comunity of bitcoin.
My prediction: Bitcoin will be the leader for quite some time, but I think a better developped independent cryptocurrency with more features will eventually surpass Bitcoin in the future.
I agree, but it will be a very long time from now. Bitcoin will always hold value, unless something happens it was the first crypto.
Is because the name "Bitcoin" is the best name for a crypto-currency.
No other name will be as good.
This is something that helps the currency in terms of marketing, mainly because it is a name that combines terms related to currency and technology. But even if Bitcoin had a different name, there would still be a lot of interest from users, as the currency would continue fulfilling its purpose and would continue to solve real-world problems. No other name will be as good.
"Bitcoin" is indeed a very good name for a crypto-currency. But there are already some other existing cryptocurrency names that are interesting and nearly on the same "quality level". (I talk here only about the names, nothing more).
"Monero" is an example. The name leads to associations with "money" or "coins" in many world languages: English, Spanish, Italian, Portuguese and even German. That's an advantage versus Bitcoin, although Monero lacks the connection to "bits and bytes".
"Peercoin" is also a very good name, because it relates to the Peer to Peer principle. In my opinion, it's on the same level than "Bitcoin".
"Ethereum" is also not bad. It sounds a bit "nerdish", but the name looks like that of a precious metal or a rare chemical element.
Dash, NXT, NEM, Ripple and Steem are particularly bad names. Also "Bytecoin": In my opinion, it sounds like a copycat. If there is a Bitcoin established as a brand, then "Bytecoin" will be to Bitcoin as Adibass to Adidas, for example
"Monero" is an example. The name leads to associations with "money" or "coins" in many world languages: English, Spanish, Italian, Portuguese and even German. That's an advantage versus Bitcoin, although Monero lacks the connection to "bits and bytes".
"Peercoin" is also a very good name, because it relates to the Peer to Peer principle. In my opinion, it's on the same level than "Bitcoin".
"Ethereum" is also not bad. It sounds a bit "nerdish", but the name looks like that of a precious metal or a rare chemical element.
Dash, NXT, NEM, Ripple and Steem are particularly bad names. Also "Bytecoin": In my opinion, it sounds like a copycat. If there is a Bitcoin established as a brand, then "Bytecoin" will be to Bitcoin as Adibass to Adidas, for example
Bitcoin's name is cool and to-the-point, but I can imagine other, good-sounding names too for possible crypto coins, names that point to the idea. A coin's name should sound good because people will use it much, assuming the coin will be a #1 success, but in most cases it will be used as an abbreviation anyway so the more important factor is pointing to the idea and the idea should be simply explainable and attractive.
Bitcoin's hype started and keeps getting bigger and bigger. There's no exception to all coins, but since the economy is based on BTC gold the value will surely be without contrast. In no way is BTC ever falling, other coins seem to not be able to hold price-points. No matter the reasoning, the hierarchy will adjust the lesser according to how Bitcoin grows.
My prediction: Bitcoin will be the leader for quite some time, but I think a better developped independent cryptocurrency with more features will eventually surpass Bitcoin in the future.
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