Topic: What do you mean when you say Bitcoin is number 1 - page 33. (Read 4321 times)
Bitcoin is the popular cryptocurrency which moves other alternative currency when a big news shake it. Bitcoin is the one most cryptocurrencies are modelled on
Bitcoin is the ancestor of the crypto currency and has the highest capitalization, which allows it to manage the market. When you move bitcoin in any direction, all other crypto-currencies are falling in price.
I mean that it is a very promising coin when it trades in all markets and rises in price. This is a sign of quality.
In my opinion bitcoin is a very popular first time crypto and high security. So many people are using primarily to invest and also the speed of transactions is also fast. The exchange rate of bitcoin can also be the reference of other digital currencies.
I think Bitcoin is number one and a currency that affects other currencies. because bitcoin is the most widely used coin in the market especially in altcoin trade. Bitcoin is also a pioneering decentralized coin in the history of cryptocurrency. One thing is also adoption because Bitcoin is widely used anywhere in the world and some central banks accept it as a form of payment or as an investment. And last of course is the market price that makes people want to have it. comparison of bitcoin and local currency, is very significant. for example in my country today, bitcoin prices are now around one hundred million. imagine if we have 1 bitcoin alone, maybe we can already meet our daily needs with 1 bitcoin.
Bitcoin is number 1 in terms of Freedom from globalist control. But most of those mentioned, bitcoin is still leading like security and freedom of control because as we can see bitcoin never made any partnerships with governments and companies although we are not pretty sure what happens in the future.
Bitcoin was introduced on 2009 by a unknown person or company named Satoshi Nakamoto whose identity is not yet revealed .The value of Bitcoin fluctuates rapidly because it is a currency and not backed by any government Bitcoin is completely decentralized and no government or third party influence and the transaction is a peer to peer transaction done with the help of internet network called blockchain technology .Bitcoin is created through a process called mining.In Japan Bitcoin has been legal . the true believers of Bitcoin consider a trust worthy one without a central body or third party influence.
Bitcoin is number 1 in all aspects as a currency and safest transaction through secure online networks, it is the first crypto currency in the crypto market and other alternative coins are just a copy of the bitcoins with added features, now in all the fields of work be it in insurance sector have also planned to implement the same bitcoin and block chain technology as the data will be stored safely in the block chain network whereas in the traditional ways there are chances for losing of data.
in my opinion, bitcoin can be said number 1 because it has a very large price value compared to coin coins that are popping up now and bitcoin is the mother of all coin coins.
Bitcoin is number 1 because bitcoin is pioneer and bitcoin have limited supply. With limited supply and gaining popularity, bitcoin demand always increasing and some people believe that bitcoin is good as store of value like gold in real world.
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
yes, bitcoins are not everywhere number one, but bitcoin can be number 1 in the following places:
1. Store of value
2. Convenience
3. Investment / speculation
4. Freedom from globalist control
besides, I say bitcoin number one because all the necessities of my life are financed by bitcoin.
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
In my opinion, Bitcoin is number in all aspect because Bitcoin is a number 1 in storing value it comes primarily from its usefulness as a payment system, sotrage of valuable means the money itself, in service in addition to simple money transfer, its convenience and safe transfer speed for it is extremely low compared to conventional methods of moving money. In this aspect lots of people trust Bitcoin due to its affordability. When you invest in Bitcoin you can actually say their is a profit waiting if you knoe how to manage your own business, willing to wait in order for you to gain something, all of the people has the freedom to choose either they will take the risk or wait for the signal. Lastly is about the privacy and security, actually it always depend on the person who used the account, who she/he keeps his/her account from others. Social media have lots of hackers, knows everything once they see even a little hole on your account. They will going to destroy what you are trying to keep. All you need to do is to ensure that once you open or trying to close your account make sure that you are the only one who knows about it.
I would say Investment and speculation is my choice since Bitcoin would stand in number one position on all the criteria but the Investment and Speculation will be the top list. Bitcoin concept and technology used for the transactions and alternate to fiat is amazing and these things makes Bitcoin stand alone in the top for years to come I believe.
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By that I can understand all those, you have wrote in the list, it is simply the first, but maybe it not means the best 
I mean bitcoin is number one because it all started with bitcoin I mean the whole thing bitcoin and blockchain in that sense bitcoin is number 1
Can be said that bitcoin will be dominant and become number # 1 for a long time, this is because of the number of users and devs. which continues to develop bitcoin so bitcoin continues to be the first choice compared to the others.
Bitcoin is number 1 in terms of security and speed of the global transfer process, a secure system so there will be no loss of data or anything and nobody can control the system on bitcoin, so we have full control over the bitcoin we have.
bitcoin is the first coin introduced to us so from that I think, bitcoin will remain the number one coin. because bitcoin becomes a reference for other coins, when bitcoin price drops then the other coins will come down and vice versa.
Number 1 because it has the best market capitalization, the best price, the value that tends to be stable, all the exchange received bitcoin. it is a good investment because I can earn as much my salary to my regular job. Bitcoin is lot of advantages and benefits that is very helpful to the people .
I agree with you, Bitcoin is a very popular digital currency, with a very good security system bitcoin will remain as the number one.
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