Topic: Why is it that is bitcoin is first in thought in mind in cryptocurrency (Read 230 times)

Even as at today, so many persons are ignorant of other altcoins and crypto currency, Bitcoin has gone so vast and is in the mouth of everyone, now this isn't just because the where the first crypto, neither is it because of the CEO as stated by you, matter of fact, bitcoin isn't ran or accountable to anyone.

Bitcoin is a decentralized system and has the largest community service, it is also the best widely recognized coin meaning, some persons accept it as exchange.

You are absolutely on point.
 Bitcoin has gained dominance among other cryptocurrencies and its relevance to those who have used it is nothing short of expectation. As word of mouth from testimonials reveal this truth, more persons with an interest in owning some of bitcoins has skyrocketed, mostly as people these days are looking for alternative sources of income to aid the current economic downturn we all are experiencing worldwide.

It is quite understandable that Bitcoin makes the crypto world known to us. Bitcoin brings the name of crypto into the new generation of investment. It paints already on our minds, in fact, some people talk about crypto we never know that they are talking only about Bitcoin.
Generally speaking, Bitcoin is very popular among cryptocurrencies and it was not surprising that newcomers will come and look for Bitcoin. Soon they will find altcoins and might leave Bitcoin, that seems to happen.

don't be weird,
because bitcoin is the first crypto currency, indirectly bitcoin also pioneered the existence of crypto currency or assets. so it is only fitting that bitcoin is the most popular of the emerging cryptocurrencies.

Take a look at the CoinMarketCap's snapshot histories^[1] of every cryptocurrency that has ever existed in the market, and compare which crypto has stayed in the top 10 and which ones have been removed from the top list over the years.

From there, you will understand why Bitcoin is the safest asset you can find and why most people recommend it in the first place. Not to mention how clever Bitcoin's technology is compared to other cryptocurrencies, which are just copycats with no definite use case.

[1] https://coinmarketcap.com/historical/

Edit: Why am I being tagged as spammer!!

Bitcoin is the first cryptocurrency ever created and other altcoins just follow the path of bitcoin, or I can say they failed to follow bitcoin. There is also some exception but nothing created so perfectly as bitcoin. As you said bitcoin is the base of cryptocurrency.

If your friend wants to invest in other coins it is better to have good research about the coin before investing money in them. Some of the coins have great potential but most of them are useless to me now.

I do think that bitcoin is the very first cryptocurrency as it was an innovation in this kind of space. The fact that BTC continued to exist despite all of its challenges over the years speaks and implies on how it is essential and important to the future of our transactions.

Despite all the new altcoins being created introducing innovations throughout their system, BTC still remains at the top of the price. Its market share, liquidity and transaction history are still being sought after by investors and people in order to take advantage of its volatility either for short/long-term investment.

Why won't Bitcoin be in the spotlight when it's the only project that was started without intentions of profiting. Bitcoin came into existence to save humanity and not to make the pioneers rich as we have with the thousands of altcoins existing. Bitcoin is unique meanwhile the altcoins are just replicates of themselves, they aren't decentralized either as we have faces that if hurt could hurt the altcoins project so the project isn't total community owned. Advise your friend to get rid of that mentally as it isn't wise.

The wise investors has been accumulating Bitcoin and if you want a taste of the whales life then you should be buying Bitcoin as well. Ignore the altcoins, they won't stop coming so you'll always have different opportunity to invest in them in future. But as for Bitcoin, now is the best time to make all that matters I you buying them as future investment. Bitcoin has proven that it should be trusted but the altcoins are just speculative investment without any real world usages.

You have to know the history, you have to read it so you know why bitcoin always the first till now.
I can quote some history about its creator, but you can learn more here: Frequently Asked Questions


You are not required to buy bitcoin as an investment asset if you believe altcoin is suitable with your investment plan. Bitcoin is by far the best performing investment asset, which is why you always get it first before altcoin. But please, if you can afford bitcoin then do so instead of just having altcoin as your investment asset. Bitcoin is the best choice, you have to study to know a lot about it.

Simply because it's the prime mover, the first crypto to be released, and so it gained a lot of attention early and with that, it has grown tremendously in the last 10 years or so. And not just in crypto, I mean in all facet of business, if you are the first one to invent something unique they you will have the full advantage and although there are a lot of crypto now, no project can replicate what Satoshi did and his invention. It was so unique that no one has thought about it before although there are a lot of precedence about crypto and his Bitcoin.

There is no bitcoin CEO, Satoshi Nakamoto created bitcoin and disappeared without a trace and that makes bitcoin more special from other cryptocurrencies because the government don’t have a person that can arrest or influence to do their bidding.
 Bitcoin is very different from altcoins, bitcoin is the only cryptocurrency that’s been consistent and has built trust for over a decade. Altcoins may give you quick profits but they are unreliable and can also rekt your account. I don’t think your friend should start investing in altcoins without doing his research.

Let's use Real life experience for instance, when you are someone that is very transparent in dealing with people, more and more people will like you or like to do business with you, so this scenario here is applied to Bitcoin, Bitcoin is very transparent in it's mode of operation,

 That is, We know the maximum supply (how many BTC that can ever be in existence), we know its inflation rate through halving, which happens every 4 years, it's totally decentralized, not controlled by anyone or even government itself don't have control over BTC, they can only regulate things around Bitcoin, so this makes it more attractive to people and investors, to extent that almost everyone that gets to understanding Bitcoin would like to own some Bitcoin and talk about it.

There are several reasons.

• The first crypto
• The largest makret cap
• The highest price per coin
• The largest acceptance worldwide
• The only truly decentralized cryptocurrency
• The most regulations and laws where it's mentioned
• Has the largest community

It's great that bitcoin is the first thing that comes to people's minds and I hope it stays this way forever.

Well the answer why Bitcoin comes readily in the minds of crypto-currency enthusiast first is that it’s the top one. Bitcoin isn’t the first crypto and I know many Newbies won’t be aware about this.

Bitcoin has the highest market cap, price value and also utilities. In my own opinion it’s the safest to invest in, it not controlled by any team or organization, it’s transparent and very profitable.

because Bitcoin was the first. the market is ultimately oriented toward the price of Bitcoin. and the influence of the movement of Bitcoin is very large on altcoins.
If you or your friends want to invest in altcoins, it's possible and very easy to do. Regarding the value, of course different. as well as the level of risk that must be faced.
you just need to go to an exchange that is allowed in your country. create an account, make a deposit, and buy the altcoin or bitcoin you want. If you want to sell it, it's just as easy when you buy it.

Not only because Btc is the first cryptocurrency, your investment is also very secured with right wallet address (non-custodial). That's the first thing investors look at. However, not all who are first will remain first and not all who are last will remain last. Btc was the first but he remained the first until now. His popularity continues to grow especially Bitcoin payment can contribute to that. And what should old investors invest in, of course that cryptocurrency that has already been established is very low risk. It is also one of the contributors that Bitcoin continues to rise because of more investments, especially since Btc has a nice feature called "scarcity".

There's no other cryptocurrency that has the same value as Bitocin. But there are some coins that almost have the same volatility (has less volatility) with Btc because they also have huge marketcaps. Those coins are in the top 10 cryptocurrencies in coinmarketcap and are best to invest with.

Have you ever asked which cryptocurrency is the first one to launched out? It's bitcoin and it begins the whole story about cryptocurrency then others follow and as the reason why some believed other cryptos to be the fake version of digital currency, bitcoin is also the only decentralized crypto while another reason is when considering the rate at which many of the altcoins fail to work out or turn to scam, many believed bitcoin to be the only digital crypto that has good tendencies for a lifetime survival without crashing down as others do.

I agree with you with the fact that bitcoin give financial freedom, it is an independent Coin that has the decentralization and also have security that why it is regarded as best and secure coin among the cryptocurrencies. We have twenty (21)millions bitcoin in existence, this alone means alot because it can not manipulate in any form. Bitcoin is totally different from all other altcoins because of it popularity, easy access, zero risk and so on.

This question comes from the curiosity of every new cryptocurrency user who learned there are more than 15k coins available in the market. According to history, bitcoin is not the first cryptocurrency, but it is the first breakthrough in the exchange space. In addition, it is the only pioneering coins in the space that is still existing today, and has proved to be one of the most profitable investments in history. With the exception of the stable coin, it remains the dominant coin on coinmarketcap with the highest form liquidity.

Because it was the first cryptocurrency ever and one of the rare ones that actually solves a real problem and has a purpose.



Tell him to focus on bitcoin first and ignore altcoins because they are made for one purpose only, and that is to make their creators rich while bitcoin is created to give you financial freedom.

First thing first, Bitcoin doesn't have Ceos because it is Decentralise and the reason why it still stands tall above all cryptocurrency is because of what it offers (check the bitcoin Whitepaper) and also because of Bitcoin core Community, they continue to solve and update every issue regarding bitcoin.
When planning to invest in Altcoins or token, Do thorough research about the coin or token before investing. Some things include :

• The purpose of the creation of the token or coin
• The Liquidity
• Its community and others

One of the best altcoin to invest is Ethereum because of what it offers but you still need to know the best time to buy and sell. That's why is advisable to do your own research before any investment

Apart from the longevity feature of bitcoin and also the first cryptocurrency other features like its decentralization and security is part of what makes it cryptocurrency top coin. There have been other Alticoins that have been created to either correct some acclaimed errors of bitcoin and compete with it but along the line some either fail or had one or two scam accusations. So the ability of bitcoin to resist such and such attacks makes it the number one coin
The price of a single bitcoin and its market cap which is the most expensive of any cryptocurrency coin has made has added to it been the number one on the cryptocurrency log.

Also bitcoins ability to hedge against inflation and also store of value which has prompted many companies and businesses to accept it as a payment option has increased its popularity above other coins. Also the ability of bitcoin having the potential to grow in profits when hold for a long time unlike other cryptocurrencies is also a huge factor on why it is the number one coin.



Bitcoin value is incomparable to other cryptocurrencies because of its decentralization, other coins are built in such a way that it could easily be manipulated by whales there by controlling the price movements of the coins. People looking to invest in other coins are either looking at the percentage of profits that could gain in short period of time. Some of this Altcoins can grow beyond 100x in a short period of time. They can also be traded on exchanges. Do not invest in Altcoins for long term gain some might die early

Bitcoin as the pioneer coin led the innovation of cryptocurrencies we see today. It is truly decentralized, that which cannot be said about most other coins. It is so decentralized that it does not have a CEO as you pointed out, only a founder, satoshi.
Its security which it gets from PoW is higher than that of other currencies, making it the most reliable. It has a limited supply while many other coins have infinite supply and the creators can just create more for themselves.

They do not have the same values as Bitcoin, but some of them have enough liquidity to allow easy exchange.
Let them do their research themselves and decide what to buy, but do not invest in altcoins as a sort of protest against bitcoin.

- Jay -

First time I heard about crypto bitcoin was what was introduced to me that was way back 2015 the news kept spreading across the global crypto market and everyone seems to believe in their stock even at the worse point if you ask them why not in pains about your coin most of my friends will be like yes I’m in pain but I have to leave the money in the wallet that it will multiply x2 I will be like why are you so comfortable that it will get back he said to me that he have invested so many times and have not experienced loss “my questions “ is this possible and I made research I found out that is other crypto coins why is it that is only bitcoin that is more recognized in the crypto world is it because of the ceos or the. First in crypto currency’s. I want to know why is only Bitcoin in the limelight I have someone that wants to invest in crypto but wants to invest in other coins he wants to know if other are same values as bitcoin and if other coins can be easily be exchanged or sell  or for purchases.