Topic: Why is Bitcoin more worth than other cryptocurrencies that have better specs? - page 5. (Read 1585 times)
August 29, 2018, 08:34:33 PM
Bitcoin become the worth than other cryptocurrency because it is the oldest of virtual or digital currency. Its own system cannot be manipulated or copied by other else, and created very limit. It cannot be compared with other coins or things, it has special value that can not be adopted or imitated. In term of speculation it perhaps same as other crypto currency, but to make other digital probably easier than bitcoin. It is very secure and and strong currency in digital fiat.
August 29, 2018, 07:35:57 PM
Bitcoin is more unique than other cryptocurrency,it is more popular and well known due to its benefits that can gave to any investors.Aside from being decentralized it has many advantages too.
August 29, 2018, 07:14:52 PM
Bitcoin has the best decentralization among all coins, it has the biggest network of nodes, the highest number of developers, and those properties are much more important than some transactions per second or speed. If you ignore decentralization, you might as well say that Visa has better specs. So, the reality is, altcoins are fragile: they get attacked, they have bugs, developers fail to deliver on their promises, many alts are just scams, and so on.
August 29, 2018, 07:09:12 PM
Many Reasons :
1.First Mover Advantage
2.Trust Among The Community
3.Mass Acceptance
4.Highest Market Capitalization
5. Easy and Low Fees Transaction
6.Low Supply (Only 21M).
7.High Supply And Demand
8.Great Returns (Over 3000% returns this year).
9.Transparency (Every Transaction is Visible on Block chain).
10. No Central Authority Owns It.
More : https://www.quora.com/
1.First Mover Advantage
2.Trust Among The Community
3.Mass Acceptance
4.Highest Market Capitalization
5. Easy and Low Fees Transaction
6.Low Supply (Only 21M).
7.High Supply And Demand
8.Great Returns (Over 3000% returns this year).
9.Transparency (Every Transaction is Visible on Block chain).
10. No Central Authority Owns It.
More : https://www.quora.com/
August 29, 2018, 06:40:59 PM
Because Bitcoin is the first, pioneer of cryptocurrency. Has a lot of integration with many Exchangers around the world.
August 29, 2018, 06:32:41 PM
One of the main reasons why Bitcoin has more worth than any other cryptocurrencies is because it has the proven track record to secure hundreds of billions of dollars ($269 billion as of Dec.8 ) without getting it lost to theft or accident.
If a person manages to successfully hack Bitcoin, he or she will easily top the Forbes’ Billionaires List at #1. And believe me, people have definitely tried to get this money that Bitcoin holds right now.
No other cryptocurrency has been held to the same amount of scrutiny and stress-test as Bitcoin. Let’s really test the limit of this technology.
Good or bad, I’m extremely excited what we will see in the future.
I hope you are too.
Many coins claims to have better specifications but that is false most of those coins are either centralized or a huge amount of the coins are in the possession of the creator of the coin, even with a huge amount of bitcoin that whales are holding the distribution of bitcoin has followed a more natural pattern, so it is a coin that we can actually use to purchase products and services unlike most of those coins claiming to be better. If a person manages to successfully hack Bitcoin, he or she will easily top the Forbes’ Billionaires List at #1. And believe me, people have definitely tried to get this money that Bitcoin holds right now.
No other cryptocurrency has been held to the same amount of scrutiny and stress-test as Bitcoin. Let’s really test the limit of this technology.
Good or bad, I’m extremely excited what we will see in the future.
I hope you are too.
August 29, 2018, 05:48:41 PM
I believe you are right, btc is worth valuable than any other currencies since this is the only currency that can increase in multiple percentage with respect to price than any other currency. Btc is the baseline of the altcoins since it depends on btc's growth.
August 14, 2018, 11:37:33 AM
Oh yeah right.
Some genius made bitcoin then lets copy it and be popular too. Then someday step on that bitcoin so that we could be have greater value than it.
Really man? You want to go to the comparing part?
You will not be in this forum noe asking that questions without bitcoin. Hell, you wont even see those what you said as "better feature" altcoin without bitcoin being born in this world.
I hope you are just making silly questions.
Correct, this is like asking why The Mona Lisa is considered a masterpiece when we can make a copy of it with our printer in just a few seconds, the copy may look like the original but it is not, it will never reach the level of quality from the original, it was not painted by a genius and it does not have the story behind that the original was.Some genius made bitcoin then lets copy it and be popular too. Then someday step on that bitcoin so that we could be have greater value than it.
Really man? You want to go to the comparing part?
You will not be in this forum noe asking that questions without bitcoin. Hell, you wont even see those what you said as "better feature" altcoin without bitcoin being born in this world.
I hope you are just making silly questions.
The same happens with bitcoin, bitcoin is a masterpiece, it is probably the work of a genius that thought about this topic for years if not decades, and altcoin developers just want to tweak a thing here and there and they want to be considered geniuses as well and that their coins have the same popularity as the original and that is not going to happen.
August 10, 2018, 10:29:51 PM
I don't think that altcoins with more sophisticated specifications are not a good thing, actually there are a lot of minuses on the road and they can't make it 100% safer, of course knowing that behind the coin makers they want it. to sell more than anything and maybe make a scenario that looks more advanced and better than everything else and other people do the same, then time will prove it.
Bitcoin is the best in everything, decentralized non-engineering is a little aware, it has been tested in the years after its appearance, at least making the public believe that Bitcoin is the best, nothing can beat its popularity.
Bitcoin is the best in everything, decentralized non-engineering is a little aware, it has been tested in the years after its appearance, at least making the public believe that Bitcoin is the best, nothing can beat its popularity.
August 10, 2018, 07:14:07 PM
The main reason is it was the first cryptocurrency and they most well known.. The scarcity also has the impact more miners mine and its thr most talked cryptocurrency out there so the hype focus on bitcoin.
August 10, 2018, 07:08:10 PM
bitcoin is different from other digital currencies that have ever existed in this world. bitcoin has a decentralized concept, and there is no centralization in bitcoin, bitcoin is not like the USD controlled by the USA. bitcoin is also not printed like other fiat currencies.
and bitcoin is produced by those who protect the bitcoin network ecosystem with the mining process. bitcoin integrity is always maintained so that the security of bitcoin systems is hard to hack, especially bitcoin uses a peer to peer system, there is no centralized system, and there are no specific servers in each block.
and bitcoin is produced by those who protect the bitcoin network ecosystem with the mining process. bitcoin integrity is always maintained so that the security of bitcoin systems is hard to hack, especially bitcoin uses a peer to peer system, there is no centralized system, and there are no specific servers in each block.
August 10, 2018, 06:54:02 PM
There are several reasons that make Bitcoin more valuable than other coins. Limited supply, difficult to mine, cryptocurrency first, and lastly, in my opinion, is already integrated into many Exchangers.
August 10, 2018, 06:30:58 PM
Is it possible that I'm not the only one who asks this question?
I also thought a lot about this topic ... and nothing comes to me except one thought. Most likely it's trite that bitcoin was the first of its kind ... due to what he could become so popular. Over time, bitcoin became the face of the whole world. Hence the cost is so high. However, I am almost 100 percent sure that in the future some currency will move it from the leading position
I also thought a lot about this topic ... and nothing comes to me except one thought. Most likely it's trite that bitcoin was the first of its kind ... due to what he could become so popular. Over time, bitcoin became the face of the whole world. Hence the cost is so high. However, I am almost 100 percent sure that in the future some currency will move it from the leading position
August 10, 2018, 06:10:18 PM
In my opinion, I think bitcoin has much worth compared with the other altcoins considering that btc is the 1st ever digital currency that had made an extra mile achievement especially with the last quarter of 2017 where it had reached it's market value up to $20K USD. BTC has more supporters and investors as compared with the altcoins where until the current situation, more and more people are encourage to get involved with btc because they are seeing good profit once they had invested.
August 10, 2018, 05:55:17 PM
Oh yeah right.
Some genius made bitcoin then lets copy it and be popular too. Then someday step on that bitcoin so that we could be have greater value than it.
Really man? You want to go to the comparing part?
You will not be in this forum noe asking that questions without bitcoin. Hell, you wont even see those what you said as "better feature" altcoin without bitcoin being born in this world.
I hope you are just making silly questions.
Some genius made bitcoin then lets copy it and be popular too. Then someday step on that bitcoin so that we could be have greater value than it.
Really man? You want to go to the comparing part?
You will not be in this forum noe asking that questions without bitcoin. Hell, you wont even see those what you said as "better feature" altcoin without bitcoin being born in this world.
I hope you are just making silly questions.
August 10, 2018, 05:50:17 PM
it is absolutely true that bitcoin has advantages over other coins, because we know that bitcoin will not be hacked, and that is the greatness of bitcoin that no one can afford.
August 10, 2018, 05:49:41 PM
Because it was the first digital coins accepted and patronized by the people. It was also the first digital coin with greater demand and value in the market. It was also the famous coin ever since. Also bitcoin was the first digital coins that attract a lot invetors in crypto world.
August 10, 2018, 05:45:26 PM
How do you sure that those coin has better specs than bitcoin? I am sure that Satoshi Nakamoto was think about all aspect before he create bitcoin, many people said that ETH is better than Bitcoin but now what? Even blockchain bloat of Eth is getting close to bitcoin although ETH is new cryptocurrency. It is indicates that what we call better specs maybe not really good and appropriate in real life.
August 10, 2018, 05:39:59 PM
Beacuase it's an older coin widely accepted by many people over the world. But it may be changes as people start using other coins.Like Monero on dark web. Where BTC volume reduce and Monero volume increased.
Yes, I think of that too. Bitcoin is already been rooted deep in every investor's mind and heart. The trust snd reliability is with this coin. Though there are new potential ones and more are already using it, but still, I know the investor's top choice is still the bitcoin. August 10, 2018, 05:32:59 PM
Yes, you are right dear me too, I believe in bitcoin, and I also believe that bitcoin will be million of dollars and one at a time, once we can see that 1 bitcoin = 1million dollars! I hope to see it is very early soon, if not hack, I hope we can see it within two years, I will take a little time but I think that, in my opinion bitcoin will be 30k dollars In December 2018, so best of luck guysBTC
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