Having a trust in bitcoin, the biggest crypto out there, the first one, the most decentralized one, and consider it the best one and investing into that more than anything else, isn't really looking like it is that much of a bad deal if you ask me. I mean most people invest exactly for that reason, they just think it is the best and that's what they do.
If you could consider that as something unreal, then I do not know what to say. Isn't it the oldest? Isn't it the biggest right now? Isn't it the most decentralized? Overall that makes people think it is the best and they are right, for investment purposes it is the best. Sure it has shortcomings like expensive and slow transactions, but people usually use it for investing, not spending.
Topic: Why is Bitcoin worth so much more than other crypto - page 2. (Read 713 times)
Because bitcoin is the first cryptocurrency that created other cryptocurrencies in the industry today, the team behind bitcoin are more stronger than any other cryptocurrencies which is the reason why you see bitcoin increasing more than other cryptocurrencies when there is a bull season that will lead traders to earn income, because institutions and traders will like to trade their bitcoins to earn a good income which they will surely achieve their target from bitcoin, but you can't have such confidence on altcoins in the bull season because they don't have strong team like bitcoin, and whenever the price of bitcoin is increasing other cryptocurrencies will be increasing too, which are some points that make traders to like bitcoin more than any other cryptocurrencies.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Bitcoin is the first cryptocurrency that was created. It has the potential that there is no other cryptocurrency that has it. Since bitcoin was created, it has been able to get adopted by millions of people, and this is what gives it more recognition. It’s technology and network and the decentralization also involve.
Furthermore, Bitcoin has changed many people's lives from being poor to millionaires through investments that you can just do without any stress. I think there are many things that make Bitcoin get potentials that other altcoins did not get, and they will not get that as long as Bitcoin keeps existing because every day Bitcoin is growing.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
This question has been asked many times in this forum and the answer is actually simple, it is because Bitcoin is the first popular cryptocurrency and the features it offers make people interested in investing in it. Also, it does not only offer features, but it also carries the spirit of Satoshi who wanted a financial revolution, which is different from what traditional banking offers. And this is what makes more people interested in using Bitcoin, because it is original, has value, and credibility. While other cryptos just follow what Bitcoin does, and most of them just end up as dreams or scams.
The answer is because crypto is developed more to gain developer profit than development for the benefit of the community, unlike Bitcoin which is developed for the benefit of the community so it gets very strong community support.
You don't need to expect there to be a crypto that can be like Bitcoin, because Bitcoin will probably always be at the forefront among other coins.
Altcoins are created for profit of their founders, developers because they premined, preminted coins or tokens.You don't need to expect there to be a crypto that can be like Bitcoin, because Bitcoin will probably always be at the forefront among other coins.
Bitcoin is created by Satoshi Nakamoto, without premined bitcoin. For Bitcoin developers, there are information with their Bitcoin addresses for community and Bitcoin users to donate bitcoins if they see a developer has good contribution for Bitcoin history and development.
https://bitcoindevlist.com/
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Not something but there are many things that other cryptos have not been able to achieve in order to surpass Bitcoin, because Bitcoin is already famous for its technology and its pretty good network so far. In addition, in terms of marketcap volume, Bitcoin is also much larger so it will always be difficult to surpass by other cryptos, especially if other cryptos are still very new in the market so it will not be possible to immediately surpass Bitcoin which has been quite mature in the long term in terms of anything in the current market. 
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
The answer is because crypto is developed more to gain developer profit than development for the benefit of the community, unlike Bitcoin which is developed for the benefit of the community so it gets very strong community support.You don't need to expect there to be a crypto that can be like Bitcoin, because Bitcoin will probably always be at the forefront among other coins.
Besides all of the general reasons that have already been mentioned, ETFs have made it easier for institutions to get direct exposure to BTC. The only way for institutions to invest in coins like Ripple and Solana is to buy them directly. They might view self-custody as being too risky, and also they might not want to deal with the hassle of maintaining so many different wallets. Ethereum also has ETFs, but those funds are not allowed to stake their coins, which means for an investor, your capital is being used in an inefficient manner, therefore making Bitcoin ETFs more attractive.
In addition, the market price of Bitcoin is affected by its high cost of mining, which is incommensurable with the cost of production of altcoins. And despite the fact that sometimes the cost price of BTC is higher than the market price, but this is an exception to the general rule.
And after doing various researches on bitcoin, various developed countries have legalized bitcoin and various big business people like Elon Musk, Donald Trump are investors of bitcoin so no other coin can do well like btc. And bitcoin's marketcap will never exceed any other coin. Bitcoin occupies about 57% of the entire crypto market with thousands of crypto coins in the market
This isn't the reason why Bitcoin is doing better than other cryptocurrency because there are some altcoins that have more known investors and public figures backing them but still they don't have the level of success that Bitcoin has because Bitcoin is trusted that's what it's worth more. Other cryptocurrency haven't gotten the trust people have in Bitcoin. Bitcoin is the oldest cryptocurrency and has gone through bad times and good times still it didn't vanish as some projects do when they go through a bear market and they can't bounce back from the correction.
Agreed with you that Bitcoin is decentralized while most other cryptocurrency aren't decentralized also I believe lots of the other cryptocurrency, their prices are being manipulated to look successful to attract investors but since the price appreciation aren't genuine, they can't sustain the manipulation for long and the price of the altcoin finally crash the price to zero. Bitcoin has a better supply of coins and they're scarce not surplus.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Because this is the reference of the other coin, reason why we called this as the mother coin of all crypto, its start with the bitcoin, the bitcoin proven through out the years the potential of it and even with the outcome and supports by the different organizations with the bitcoin, now the bitcoin is now widely spreading even the president of the US supports with the use of the bitcoin, so like the other coins they would like to follow the move of the bitcoin but of course into different path and purpose of their coins, now its up to them how they will handle their owned coins to get ride with the crypto market.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
because bitcoin has been proven, even bitcoin has been able to survive for more than a decade. In addition, Bitcoin grows faster and is more resilient in many ways. This has happened since bitcoin was born until now, Bitcoin has also been ranked first and has never failed. What is even more amazing is the trend of decentralization that bitcoin has had from the past to the present, even the Bitcoin network consists of tens of thousands of nodes and an unknown number of miners. This is unlike most altcoins, besides bitcoin cannot be closed by the wishes of any entity including the state.The success of Bitcoin that is happening now has also given birth to many imitations and derivatives that seem to be able to threaten Bitcoin in various ways. However, Bitcoin has some uniqueness that cannot be imitated by altcoins. That is why bitcoin is always on top and altcoins will never be able to beat bitcoin. It can be said that bitcoin is the leader or parent of all altcoins.
However, we also need to realize that things aren't always easy as black and white, and this could change in the future. Of course bitcoin is the best and that is why it is at the top, but what if something else becomes the best? Either something that already exists and has an improvement that makes it best among the investor, or something that isn't even created so far and gets created and it such a unique and brand new thing that everyone loves it and becomes the best? That is not impossible, not really likely, but not impossible neither. So always be careful, yes it is the best now, and you should put most of your money into it and just hold, because that is a great way to make money, but you should be careful about it as well.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Bitcoin is totally decentralized and it is totally impossible to hack Bitcoin network. Each block of Bitcoin is very securely saved with a ledger, which is not the case with any other crypto coin. And Bitcoin is the first cryptocurrency coin to be launched as a digital currency. And after doing various researches on bitcoin, various developed countries have legalized bitcoin and various big business people like Elon Musk, Donald Trump are investors of bitcoin so no other coin can do well like btc. And bitcoin's marketcap will never exceed any other coin. Bitcoin occupies about 57% of the entire crypto market with thousands of crypto coins in the market 
Besides all of the general reasons that have already been mentioned, ETFs have made it easier for institutions to get direct exposure to BTC. The only way for institutions to invest in coins like Ripple and Solana is to buy them directly. They might view self-custody as being too risky, and also they might not want to deal with the hassle of maintaining so many different wallets. Ethereum also has ETFs, but those funds are not allowed to stake their coins, which means for an investor, your capital is being used in an inefficient manner, therefore making Bitcoin ETFs more attractive.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Not every cryptocurrency can be Bitcoin and that should be fine but they do not have to be scams as they are bringing a bad reputation to the cryptocurrency industry because when projects scam people and they begin to report it, it makes the whole industry bad as some people do not know the difference between cryptocurrency but consider all to be one that when something bad happens, they think it is Bitcoin that it is happening to. Having altcoins can be very good for the market as they bring about a different way that people can make money by trading them. Altcoins can not be like Bitcoin because they do not have the same Blockchain and for those that are operating on Bitcoin Blockchain, they are created for the wrong purpose.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Most of the other coins are scams why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
It’s not and cannot be manipulated as other coins does.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
There are other good cryptocurrencies like ethereum, solana but Bitcoin has an edge being the first decentralized digital currency and a pacesetter. It currently has a market cap of 1.8 trillion, followed by ETH with 400 billion and tether with 139 billion. The well established margin makes it difficult for others to play catch up and with many nations considering having a Bitcoin reserve, it will further help it cement it place at the top, making it impossible for any digital currency to overtake it. 
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Bitcoin is the pioneer cryptocurrency to have ever existed and the consensus on which it works is very different from other cryptocurrencies. The decentralized nature of the coin makes it very exceptional from the rest and we may not see any of them performing exceptionally as it does.
Bitcoin has never been found much wanting as other coins does in terms of performance and use case. Its characteristics makes it suitable as a more viable option for the fiat currency rather than generalizing all crypto’s to be an alternative to fiat. It’s not and cannot be manipulated as other coins does.
why is it so difficult for other cryptos to have the same potentials as bitcoin , are they missing something?
Most of the other coins are scams or bad projects that are not worth your time, then it is not unreasonable for those coins to never reach the same results that bitcoin has reached, and when it comes to the rest of the coins that are legitimate projects, they will have a lot of problems catching up to bitcoin, since if we are realistic about it, bitcoin is the only coin that is actually used for everyday transactions, while the majority of those coins are just used for speculation purposes. 
you cannot ever have a "second first time". having a decentralized coin requires no advantages for people involved.
now any coin can just be launched by a full team, with insiders and so on.
its really hard to have a coin with better features. 10 minutes a block, the size, difficult adjustment. Nothing has been choosed casually.
Its impossible have a coin with larger computational power.
...
This can continue with many many reasons... and probably there are even more that we are still not really aware...
now any coin can just be launched by a full team, with insiders and so on.
its really hard to have a coin with better features. 10 minutes a block, the size, difficult adjustment. Nothing has been choosed casually.
Its impossible have a coin with larger computational power.
...
This can continue with many many reasons... and probably there are even more that we are still not really aware...
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