Topic: Why is bitcoin unique or place higher than others coins? - page 5. (Read 571 times)
Bitkoyn is unique in that he enjoyed not a bad reputation and the demand for it was huge, so he spun to such heights, but at the moment there are many other coins that are also gaining popularity and in the future they will be able to surpass the bitcoyne easily, but bitkoyn is The coin is strong and there will still be debt in the first place
Bitcoin is a very unique coin because it is the the beginning of everything. Without Bitcoin, maybe there wouldn't have been anything called cryptocurrency today. It will always have a higher rating than others.
This may be because bitcoin is the parent or guideline of all the other coins called altcoins and also all altcoin prices are guided by the price of bitcoin itself and if the price of bitcoin drops then the price of altcoin also goes down and vice versa
Bitcoin is already matured enough to be compared to the other coins. We could consider this one as a great aspect of bitcoin since it has already established its solid foundation.
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?
Because if it wasn't for bitcoin those coins will not exist to begin with, if it wasn't for bitcoin you will not have a currency that is accepted by everyone in this market and that allows you to trade different coins, if it wasn't for bitcoin you will not be able to pay for a number of products and services that do not accept any other coin, those are some of the reasons of why bitcoin is the best coin in the market. 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 has a long way traveled as it was the first cryptocurrency to be created, that is a lot if you consider how much the market has expanded over a few years.
Yes bitcoin should be placed higher than all other altcoins in the market place because it is the first Cryptocurrency ever, and deserves to be altcoins king like their father.
I think bitcoin has a pretty solid network and although it has had several problems in the past, at least with the exponential growth, little by little they have been solving it, so it is a currency that complies, even if it is a little late, we must also take into account that it was the first currency in which people had confidence as well as attracting much attention in the media.
I think that bitcoin has already become like a cult of something that breaks the current system! people always tend to get away from the system thereby leaving money in their power! but here bitcoin appeared)
Bitcoin was the 1st coin and it's rapid growth in terms of price attract many and today it has big community. Yeah many coins has more price over the BTC but in terms of growth really they achieved price like that how btc does? Most have not even good trading volume for 24 hours and not such good usability.
would not say that it is unique simply this is the first coin that appeared on the market and is the most secure and stable coin
Because Bitcoin is the first coin and it is limited in volume. Having bought Bitcoin now for 6500 dollars, if the market will show approximately the same results, then in a few years its price can reach 50,000 dollars.
People who know nothing about cryptocurrency have heard about bitcoin. And many are beginning to invest in it, because it is spoken about everywhere. Who the first, the and is remembered.
This is also true that new people adopting crypto are first introduced to Bitcoin but have ever think why is it so? When you are introduced to something for the first time, you are shown high standard things. Same is the case with Bitcoin, it is the Pioneer of crypto therefore, it is must to know it.
True, it's first and it's mostly supported. It is stronger than others, but that does not mean that it is better. By what parameters are we comparing? There are many other altcoins that have a better potential.
People who know nothing about cryptocurrency have heard about bitcoin. And many are beginning to invest in it, because it is spoken about everywhere. Who the first, the and is remembered.
Bitcoin is unique and powerful because it was the original and the first. It will take something far more powerful to dethrone it. We are probably going to have to go way out in the future before a real contender steps up. Bitcoin is number 1 and the big money is backing it so it is what it is at this point.
Bitcoin is the big dog in this market. Being the original cryptocurrency + being the one receiving mass media attention + people being fascinated with its growth over the years, has basically put it in the position of being the anchor of this entire market.
Because it was the first and where the game started. It's the alfa vampire of the coin world. As you can see the name of the forum which is bitcointalk. Otherwise, It has to be cointalk or something.
Just because it was the first and it's by far the most well known, also the main trading pair which means people need to buy it to buy other coins.
I believe that bitcoin is such a popular cryptocurrency and costs so much at least because it is the first. It seems to me that this is a logical explanation and in addition to all this, I think that bitcoin will not stop growing over time.
Jump to: