The Reason Bitcoin will always be #1 - page 44.

Zadicar

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Quote from: TastyChillySauce00 on January 12, 2017, 08:28:07 AM

Quote from: RealBitcoin on January 12, 2017, 07:09:26 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.

That is a lame reason. Monero, and Litecoin are just as good names. But the name never matters, what matters is the usability and demand.

Western Union is a pretty bad name, but still many people use it.

Definitely. Even if you're having a company which has an ugly name but if you're really good on branding and then make the name of your company popular then people will automatically know it and think that the company's name is really good. It's just how the popularity works because of advertising and many factors that can make people always remember the name. Even though, selecting a good name will help to improve the rate of success on branding

Then satoshi got the best name since Bitcoin is already famous now and i agree with you giving names would really give impact into a particular thing because if people would able to hear it they would definitely give some comments and if it hears too ugly then they will definitely not pay attention to it and hearing the word Bitcoin it does really give me interest to engage into it.

Mr.grin

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many reasons that make bitcoin be cryptocurrency number 1, one of which is the price. Well, bitcoin has the highest prices in the world cryptocurrency. it makes him always be on top of coins and it also makes bitcoin be the most coins in the search on the internet. Well, this is certainly going to continue to survive, until there is a coin that can exceed the price of bitcoin.

matrix7

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Guys when you get your very first rfied microchip then it will be connected with bitcoin wallet, its very convient im sure

and easy to go to shopping Wink

TastyChillySauce00

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Quote from: RealBitcoin on January 12, 2017, 07:09:26 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.

That is a lame reason. Monero, and Litecoin are just as good names. But the name never matters, what matters is the usability and demand.

Western Union is a pretty bad name, but still many people use it.

Definitely. Even if you're having a company which has an ugly name but if you're really good on branding and then make the name of your company popular then people will automatically know it and think that the company's name is really good. It's just how the popularity works because of advertising and many factors that can make people always remember the name. Even though, selecting a good name will help to improve the rate of success on branding

Tanic

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Quote from: Fityan on January 11, 2017, 11:18:15 PM

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.

agree with that,and yes i think no another name that match with king of crypto,i dont care even bitcoin down or the price going really cheap,but i think bitcoin will always become a number one crypto currency,lets hope the best for it.

To think that bitcoin is on the first place just cause of it's name is a crap. Bitcoin was the first crypto currency and others just try to repeat it's success. I think bitcoin will be on the first position for a loon gime and all this copies will not survive for so long.

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Well, a part of it maybe because of the name, I can't deny that saying "bitcoin" out loud somehow gives me a feeling of relief Grin

But I assume the recent development of bitcoin is a major cause for bitcoin being on top trend. It's gone through many challenges and difficulties, had many ups and downs to achieve the success like today. So that's why people are getting more and more interest in it and bringing it to #1 Grin

piloder

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Bitcoin is enough for what it has been developed for (anonymous, low cost cross border financial transaction in decentralized environment) so we don't need any alternative currency which make bitcoin always number 1. However i think name actually don't suit for what it is made, what does actually that bit means in bitcoin. Huh

Mystic Saiyan

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Nope, even though the name is good, it doesn't make Bitcoin popular.
The reasons because bitcoin is popular are :
1. It was the first cryptocurrency and used the concept of Blockchain.
2. The transactions are autonomous and quick and secure so it beats traditional money.
3. Its value is rising constantly which is also why it became popular.
4. The wallet system is also unique and was first used by bitcoin.
So that is why it is the best cryptocurrency.

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Quote from: kiklo on January 12, 2017, 02:44:53 AM

The Reason Bitcoin will always be #1

Hmm,
it won't be, it will be replaced in the future by a better, faster, more energy efficient coin with a higher on chain transaction capacity.

Just a matter of time.

Cool

Bitcoin may be the number one cryptocurrency today but soon it may lose its hold in the market. Fiat currency may take its place if people will patronize banks digital currency rather than bitcoin. So the best thing to do right now is fast track the promotion of bitcoin so when the fiat digital currency starts to roll bitcoin is strong enough to survive.

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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.

That is a lame reason. Monero, and Litecoin are just as good names. But the name never matters, what matters is the usability and demand.

Western Union is a pretty bad name, but still many people use it.

marcoman22

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Name does not matter for bitcoin being #1. Bitcoin is the first innovative currency which gave people a platform for transactions without depending on banks. It has successfully crossed its initial years when other altcoins struggle to survive. Ethereum was once considered as a competitor to bitcoins. But due to the hard fork, it lost its trust and got divided into two, ethereum and ethereum classic. But bitcoin remains unmatchable from the day it was created.Being the first crypto currency, some are sentimentally attached to bitcoin.

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The name 'bitcoin' doesn't have something to do with it. But what is important that it is the one that opened the opportunity of many to enter crypto currency and it opened the idea about this type of investments. And being an original it will always it on the top and no one can ever replace its position because the whole concept of crypto came from it.

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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.

Definitely it's not the name, it's on how people accepted it. It can be name similar to your name and it can still be popular and number 1 in the crypto world due to the powerful system that could give benefits to us.

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Quote from: jseverson on January 12, 2017, 02:41:17 AM

Lol not because of the name the main reason why bitcoin ia number 1 it was the first crypto currency and no other can beat bitcoins. I think you're just fooling us Grin

being the first doesn't make it the best one forever, it can be beaten, but the name matter, take monero it's just bitcoin in another launguage, which is stupid

bitcoin is currently the king only because it is accepted everywhere by real merchants not just pump and dump

Dudeperfect

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Yes, call be bias but I think, bitcoin is the best name that a crypto currency can have for it. Wink

Alternatively, I see a comparatively huge userbase, a strong community and deep core values for the popularity of the bitcoin. Yes we might see some popular alt coins but I don't think that any of those coins can reach the levels of bitcoin in terms of popularity and core values.

kiklo

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The Reason Bitcoin will always be #1

Hmm,
it won't be, it will be replaced in the future by a better, faster, more energy efficient coin with a higher on chain transaction capacity.

Just a matter of time.

Cool

jseverson

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Lol not because of the name the main reason why bitcoin ia number 1 it was the first crypto currency and no other can beat bitcoins. I think you're just fooling us Grin

bravehearth0319

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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.

I think the reason why bitcoin is leading in the crypto currency it is because bitcoin build and established a big community in this industry that's why none of the altcoins can't increase their value as bitcoin has now.

mobnepal

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Bitcoin is first crypto, it has been tested for many years so it is secure and also you can use bitcoin in more places than any other crypto. So i think rather than due to name, bitcoin is number #1 crypto currency because of its usability.

sotoshihero

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Quote from: strasboug on January 11, 2017, 03:35:22 PM

The reason the bitcoin will always be #1 is because it is the first innovative one, and also because it is the most adopted one that many services and businesses already using it.

Yes, bitcoin is very innovative and continue to improve over time. Aside from having a good name, bitcoin is the pioneer in cryptocurrency and many alcoins was created on this platform. As bitcoin innovate over time, issues are also addressed which makes bitcoin the number 1.

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