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Topic: Why is bitcoin unique or place higher than others coins? (Read 571 times)

member
Activity: 336
Merit: 12
Those coins you made mention must be good ones with that higher market price and intact I'm just hearing the names for the first time ,so I'd say even those that neglect bitcoin and refuse to invest in it still knows what it is ,its because almost everyone knows what bitcoin is ,the name at least I think that's why it still at the top of the list
member
Activity: 633
Merit: 14
Bitcoin is the first, it is the most secure, and it has a major use case as a store of value. People wanting to use crypto for micro payments have other options, though bitcoin may do that too in the future.
What is the safest and the intent of the bitcoin? I don't see the security of digital assets especially crypto. all assets of the crypto has risks, no one is safe. but it was the first and bitcoin it makes bitcoin is above all other coins. for micro payment, I think, bitcoin until now only used by a few small communities, the rest serve as investment assets and trade.
full member
Activity: 518
Merit: 100
Bitcoin is the first, it is the most secure, and it has a major use case as a store of value. People wanting to use crypto for micro payments have other options, though bitcoin may do that too in the future.
full member
Activity: 476
Merit: 101
I think bitcoin is unique. Its emission is limited, it was the first and has great prestige among market players. I'm not quite sure about the bright future of alternative currencies. It seems to me that all of them should soon become digital securities. But bitcoin will exist as a means of payment.
member
Activity: 456
Merit: 15
In fact, there are many excellent coins than Bitcoin. Litecoin, Ethereum and many coins have advantages over Bitcoin. But in terms of value they can't surpass Bitcoin, Bitcoin creates the entire cryptocurrency market, so it's a myth, ordinary coins can't be surpassed.
full member
Activity: 518
Merit: 100
In my opinion, altcoins have a much bigger potential than Bitcoin, but the majority of investors think different and are holding a lot of Bitcoins. BTC is the fist and the most trusted crypto on the market at the moment, but it does not mean that BTC is the best crypto.

Yes, many altcoins have better potential than BTC. Meanwhile, Bitcoin is still the only one cryptocurrency which is known everywhere. Some people cannot even guess that some tokens are faster and they give a chance to people to make more money.
hero member
Activity: 2128
Merit: 520
In my opinion this is a failed experiment. They should not be regarded as reliable assets. Their market capitalization compared to bitcoin is almost zero. They don't even have daily trading volumes. In addition, bitcoin is used in many areas of the Internet. The team is constantly working to improve it, which increases its importance in the world. Most likely on these expensive coins commands do not work. They were abandoned. Perhaps they were created at the peak of bitcoin's popularity as another speculative asset.
Exactly, bitcoin already have real usage and being first known around the industry the market value was been created due to  its emerging demands,
unlike those coins who got and artificial value coming from team or community who self benefited from their own, bitcoin was recognized by more
users and businesses than other alternative coins who coexist with this cryptocurrency,.
member
Activity: 406
Merit: 10
In my opinion this is a failed experiment. They should not be regarded as reliable assets. Their market capitalization compared to bitcoin is almost zero. They don't even have daily trading volumes. In addition, bitcoin is used in many areas of the Internet. The team is constantly working to improve it, which increases its importance in the world. Most likely on these expensive coins commands do not work. They were abandoned. Perhaps they were created at the peak of bitcoin's popularity as another speculative asset.
member
Activity: 378
Merit: 10
Bitcoin is known as the first coin over established in 2008 and has the highest market cap of $108,617,372,869,00
 current price of $6,300.21.
 On the coinmarketcap, they are coins with higher prices than bitcoin like,
1, Bit20 (BTWTY) with price of $177,216.60
 market cap of $180,052.00
2, Project-x (NANOX) with price of $26,761.96
 Market cap of $2,094.00
3, 42-Coin with price of $24,183.25
Market cap of $1,015,69.00
We have coins with some awesome project, so why is btc regarded as the king of coins and it's so unique than others?

I think crypto ranking is base on their market dominance and not on their market prices. Indeed bitcoin is called as the king of crypto due to the world wide acceptance and popularity. In other countries if we talk cryptocurrency it's all about bitcoin as those altcoins are not exist.
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
Bitcoin is known as the first coin over established in 2008 and has the highest market cap of $108,617,372,869,00
 current price of $6,300.21.
 On the coinmarketcap, they are coins with higher prices than bitcoin like,
1, Bit20 (BTWTY) with price of $177,216.60
 market cap of $180,052.00
2, Project-x (NANOX) with price of $26,761.96
 Market cap of $2,094.00
3, 42-Coin with price of $24,183.25
Market cap of $1,015,69.00
We have coins with some awesome project, so why is btc regarded as the king of coins and it's so unique than others?

Bitcoin came first
The cryptocurrency market is not all about the price but about the total volume traded each day in usd (the market capitalisation)
Bitcoin is more widely accepted than any other coin
Bitcoin is more stable and also so hard to mine... You can say its moderately scarce (so high in price)
......
member
Activity: 448
Merit: 10
I think because of its popularity and fame, ranking at first in all coins in cryptocurrency. The most volume coin in the market so it ia the center of all coins, or some says it is the heart of cryptocurrency.
copper member
Activity: 280
Merit: 1
There is no cryptocurrency without bitcoin, there are certain reasons why bitcoin is called the king. It ushered in the rest. There is something about being the commander of a an operation, whatever happens to the commander affects the rest. Reason why any shake in bitcoins price has a corresponding effect on the rest crypto immediately
hero member
Activity: 1190
Merit: 541
Firstly bitcoin is an already established brand. And his behavior in the market defines the growth or decline of all other coins. I believe that the credibility of bitcoin stems from the fact that he has a great team of razrabotcikov and for a long time of its existence, many already know about it. Unlike many btc coins unknown to the masses and therefore no impact on the cryptocurrency market.
It is not "unique" in the sense that as a code it lacks a lot of stuff some of the other crypto currencies have but the fact that it was the first one really makes a difference. For example ethereum has a lot of potential because it is used in a lot of places but it is still behind bitcoin because bitcoin was the first one and got heard a lot faster because of it.

Ethereum has been a proper known big coin for about two years or so, before that it was all bitcoin that we all heard and even litecoin got more talk. Hence bitcoin is not "unique" but it is the first one that came out and provided us this crypto world and that is why it is getting more attention and more volume compared to all other alternative currencies we have in the world. That will probably never change.
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
In my opinion, altcoins have a much bigger potential than Bitcoin, but the majority of investors think different and are holding a lot of Bitcoins. BTC is the fist and the most trusted crypto on the market at the moment, but it does not mean that BTC is the best crypto.
full member
Activity: 1120
Merit: 101
because all transactions are conducted through bitcoin, which is the most trusted and decentralized coin
not all transactions through bitcoin. this is just a matter of trust built by the community alone. first bitcoin has no value, or is very cheap. but because some of the bitcoin communities are growing fast, that's what makes the value of bitcoin very high compared to other coins.
full member
Activity: 588
Merit: 100
Because you need to begin to understand how the cryptocurrency world works as a whole and how it will work later, no one knows exactly what will happen in the future and how the market will show us new events, I'm afraid that all the same the market will be just as aggressive because BTC difficult to pacify.
full member
Activity: 378
Merit: 100
because all transactions are conducted through bitcoin, which is the most trusted and decentralized coin
full member
Activity: 532
Merit: 100
First of all, Bitcoin - it`s a first and the most popular coin in the world. Bitcoin has the most support worldwide and the strongest mining platform. Moreover, a lot of other coins depend on Bitcoin.
member
Activity: 174
Merit: 10
The World’s First Blockchain Core
Bitcoin is known as the first coin over established in 2008 and has the highest market cap of $108,617,372,869,00
 current price of $6,300.21.
 On the coinmarketcap, they are coins with higher prices than bitcoin like,
1, Bit20 (BTWTY) with price of $177,216.60
 market cap of $180,052.00
2, Project-x (NANOX) with price of $26,761.96
 Market cap of $2,094.00
3, 42-Coin with price of $24,183.25
Market cap of $1,015,69.00
We have coins with some awesome project, so why is btc regarded as the king of coins and it's so unique than others?

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Because 90 percentage of people knows about btc. That is kind of Apple or Samsung. When you will say to somebody about cell phones. They can say
these two names. Btc is the king because of that also too many people have btc and people really believe bitcoins future. I am also believe btc more than other.
Yes maybe you can earn more money from altcoins but btc is the most strongest one because adoption. Every people need to hold some btc in their wallets.
jr. member
Activity: 280
Merit: 1
"WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN"
Its history, experience and value are general characteristics that allow BTC be on the top. Moreover it will be increasing as well because the price we have not is not the final variant I am sure.
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