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Topic: What do you mean when you say Bitcoin is number 1 - page 22. (Read 4321 times)

newbie
Activity: 31
Merit: 0
I mean, this is saying that bitcoin is always in the leading positions and does not need any at least a small competition.
newbie
Activity: 79
Merit: 0
For me when you say bitcoin is number 1. Base on my experience bitcoin is the king of crypto and no one can beat the price of it ,bitcoin has so many porpuses here in our world like we can use it for investment for payment system for payment method and so on,thats why many people say that bitcoin is number one.
jr. member
Activity: 209
Merit: 3
Simply, bitcoin market capitalization is at number 1 than any other coin. higher bitcoin values ​​than other coins and values ​​that tend to be more stable than others.
newbie
Activity: 70
Merit: 0
When I say that bitcoin is number one I mean that bitcoin is better than any other crypto currency that exist in the world right now. This is saying that bitcoin is always in the leading positions and does not need any at least a small competition.
full member
Activity: 966
Merit: 102
I just want to say it was the first crypto in the world, the first representative of blockchain technology, the largest crypto in the world. Bitcoin has the largest number of people, with the largest demand, accepted by many companies as a payment method.
member
Activity: 143
Merit: 10
I think natural laws in economics can also occur in the economy of cryptocurrency. Wheel of glory will spin. Whatever factors and causes are sure to spin.
However, we know that the belief of the world to Bitcoin is very strong and difficult to be replaced by another crypto. When the time comes, it is not impossible that a new crypto will be born more sophisticated than Bitcoin. Will be able to attract the trust of the world and take it from Bitcoin. This is just a possibility. All things can happen.
newbie
Activity: 364
Merit: 0
I am totally agree with your point. I think still it is number one crypto currency in every purpose. In future it may be replace by another crypto currency.  I like all the point you have mention here.  Among this I like most store of value, Convenience, Security, Investment or speculation, Privacy and freedom for globalist control.

Beside this all we know that bitcoin is the master currency. If we need to withdraw some money, at first we convert other coin to bitcoin then we encash it. So bitcoin is needed in case of money withdrawl. So, it is number on in this case
newbie
Activity: 168
Merit: 0
For me if i said bitcoin is number 1 because you think first that the bitcoin is the most famous and high value of coin to say that bitcoin is number 1
newbie
Activity: 84
Merit: 0
Bitcoin is the number one smart, super-profitable investment and, in addition, high-security features that no electronic money can replace.
full member
Activity: 770
Merit: 102
Bitcoin is number 1, because bitcoin is the king of every coin. Bitcoin prices are always high and other coins have a price that always keeps up with bitcoin prices, easy and fast bitcoin transaction system followed by low cost and secured bitcoin security makes bitcoin number 1 for me.
newbie
Activity: 26
Merit: 0
Bitcoin is number one because it has the highest marketcap among all the cryptocurrencies. Bitcoin was the first coin to come into blockchain since then other cryptocurrencies have come. Bitcoin remains the most popular of all cryptos and has the highest price amongst them all.
legendary
Activity: 1806
Merit: 1029
We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1

  • Store of value
  • Services in addition to simple money transfer
  • Convenience
  • Security
  • Investment/speculation
  • Safe transfer speed
  • Privacy
  • Freedom from globalist control
  • Other

Bitcoin is currently number one in terms of marketcap, and that will probably be the case for another couple years. I don't think it even makes the top ten in any of the categories you mention.

Store of value: no way, not with all the volatility in the market. Early adopters are OK, and I suppose anyone who buys now and holds for five years will probably be OK, but anyone who bought at the end of 2017 is probably not doing so great today.

Services: Thanks to Coinbase/GDAX, I can trade back and forth between BTC and Fiat. But I can now do that with other coins too. Once I can do that with a coin that is actually positioned for mainstream adoption, that won't be such an advantage for BTC anymore.

Convenience: Well, if you call having to wait an hour for a deposit to clear "convenient," then I guess we're good. It's better than waiting on an ACH to clear your bank, but there are other coins that provide minute-long or even seconds long confirm times.

Investment speculation: Bitcoin loses even on that. In 2017 any early adopters of NEM who sold all at the end of the year would have realized a ROI of over 14,000 percent. DMD Diamond enjoyed better gains in 2017 than BTC did, and those are just two coins.

Privacy: That's a joke. It's even easier to track Bitcoin flow from addresses of interest because it's all on the blockchain. Detectives who know what to look for are getting quite good at this.

Freedom from Globalist control: That's a good one. But if even half of what is exposed in this article is true, then the up and coming elites, those who might replace the current crop of Globalist Elites, are an even worse bunch of sorry human beings with little to no conscience. No thanks, I'll keep the central banks for now, thank you. At least the current crop of elites is restrained somewhat by having to maintain the appearance of propriety. The up and coming Bitcoin elites, not so much.

Other: Bitcoin as a gateway into the entire cryptocurrency industry provided people with additional financial options and financial hope. Bitcoin currently is the main gateway into that world and as long as it holds this position it has done a good job. If Bitcoin and cryptocurrency in general can remain as opportunities for more people to engage with and profit from the world of finance, especially people who cannot benefit so much from the fiat world of finance, then it will have accomplished much good. I hope the doors that I have been able to walk through in the cryptocurrency space remain open to lots of people just like me for years to come.
newbie
Activity: 162
Merit: 0
Bitcoin is number 1 because it has a high value compare to other crypto.
member
Activity: 167
Merit: 10
I believe that bitcoin will remain in force for a long time due to its irreplaceable value as an essential benchmark for determining the value of all other cryptocurrencies, an equivalent to the gold standard that used to be used to determine the price of a fiat currencies, and this for the simple fact that bitcoin has been the pioneer currency, the most resistant and consolidated of all, and above all, for a long time will continue to be the most coveted, which everyone wants to have.
full member
Activity: 392
Merit: 100
I mean bitcoin is number 1 for democratic investment that is easy accessible for everyone. and even you have small income you can afford to invest in cryptocurrency.
When i say bitcoin is number 1 i really mean that bitcoin is really the best cypto and i really mean that bitcoin is the best investment to do so we can really able to be very rich someday, and bitcoin can help a lot of investor to be rich in the future by just holding it.
full member
Activity: 434
Merit: 100
The Exchange for EOS Community
I coined "number 1" for bitcoin for the fact that it's the first digital currency ever created. The status of cryptomarkets  almost defend on bitcocin's market value because when bitcoin is on a crisis, almost all of the cryptocurrencies are also affected that is why cryptomarkets bleed.
newbie
Activity: 199
Merit: 0
I say Bitcoin number 1, because Bitcoin is the first Digital Coin in the World, the second Bitcoin is a digital Coin that has the highest Value compared to other digital coins. and the third, Bitcoin has become a digital coin in the guidelines made by the entire digital coins that exist at this time.
newbie
Activity: 16
Merit: 0
I say bitcoin is number 1, because bitcoin is higher than others, it has so many advantages that other coins lack
full member
Activity: 1316
Merit: 105
I mean bitcoin is number 1 for democratic investment that is easy accessible for everyone. and even you have small income you can afford to invest in cryptocurrency.
full member
Activity: 686
Merit: 100
For me it is a very cool way to keep your money and get profit from them, without putting much effort into it. Also, it is very safe.


It's about how we can manage our own finances or investments about future profits. How smart you manage about your finances.
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