Pages:
Author

Topic: Why would I choose bitcoin over another cryptocurrency like Ripple or Dash? (Read 753 times)

jr. member
Activity: 59
Merit: 10
Maybe because they're not decentralized? If decentralization doesn't matter to you, why don't you use fiat instead?
member
Activity: 71
Merit: 10
Truegame
Because Bitcoin is the mother of all Cryptocurrencies, more secure, stable and safest investment and one of the most profitable!
sr. member
Activity: 418
Merit: 262
Ripple and Dash are two completely different coins. One has the possibility of being adopted by major banking systems, the other is just a coin with a high level of technical specifications (simply put, cheap and fast transactions which are reasonably secure).
Bitcoin has non of this but has been around since the very beginning and most people think will be the undisputed cryptocurrency only for that reason.
It's a hard call to make but you are comparing didos with cucumbers.
sr. member
Activity: 531
Merit: 250
Bitcoin is king and can only be beat by a legit ICO if ROI% is what you are after...
member
Activity: 157
Merit: 10
It's because bitcoin is known as the best coin than any other cryptocurrency and this is very known for a very long time and especially this is the number one in the market.
hero member
Activity: 812
Merit: 509
What makes bitcoin better or worse than any other of these Cryptocurrency?

Because BTC was the first in the market. It has the reputation that nobody else has.

People trust in bitcoin more than any other cryptocurrency, even though it may have the least amount of features compared to coins such as Ethereum or Ripple. Plus, altcoins are a constantly updating market meaning that current altcoins will become outdated in the future.
sr. member
Activity: 364
Merit: 250
I think because the bitcoin always rises high, easy to transact and coin first. promising investments and people easily understand about Bitcoin.
full member
Activity: 490
Merit: 100
Why wouldn't you choose bitcoin over dash and ripple! If you had mention ethereum in you heading i probably wll not protest! Bitcoin is miles ahead in terms adoptation and use. The issue of decentralization also weigh in here! Which more of the coin you mentioned is decentralized like bitcoin. Bitcoin is the leader for now but watch it!
full member
Activity: 644
Merit: 103
Bitcoin is the most stable and established cryptocurrency so your investment are sure to be safe and is guaranteed to profit in the future (provided you have good security and an adequate level of paranoia). Altcoins on the other hand are very risky but has a lot of potential on short-term profits. That being said, it will boil down to peoples needs and preferences.
full member
Activity: 210
Merit: 106
Bitcoin was here first so more popular with the masses. It is definitely here to stay, it's been growing rapidly in value over the past few years. It is the pillar on which every other cryptocurrency was made as it gave birth to blockchain.

Altcoins are advancing the economy and improving the blockchain tech so they are also here to stay. For now it's all very new. Good to keep an eye on new and promising cryptos .

You don't have to choose either, you can choose  both  Smiley
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
What makes bitcoin better or worse than any other of these Cryptocurrency?

because until now, only bitcoin that could help us to make money, I mean help us to convert our btc into fiat and I think every seller is accepting btc than other coins. beside that, bitcoin is more famous than the other so people prefer to choose bitcoin. if we visit into localbitcoin or other exchanges that allow us to send the fiat, localbitcoin and other exchanges giving an easy way to us to exchange our bitcoin to fiat so bitcoin is better than any other of these crypto currency.
member
Activity: 196
Merit: 10
HEXCASH - Decentralized Fun
because bitcoin will change the world.  Grin
bitcoin will do to fiat currencies what email does to postal office.
sr. member
Activity: 2352
Merit: 245
Bitcoin is the most reliable for investment and gives a stable profit in long-term investment in comparison with other violas. Still you can without special fears to deal with the well-known altcoyins listed above, but you need to know their features at the same time, but it's very risky to engage in little-known altkoins, here you can burn very much. In general, it is necessary to take into account the situation. Right now, after a fork, bitcoin will fall for a while, and altcoyins will grow.
full member
Activity: 224
Merit: 101
trade.io - Join the Trading Revolution
Bitcoin is gold. When there is a crisis, everybody turns to security.

This is what is driving the price up. Even if it gets a ban in one country it will still rise. When they lift the ban it will rises higher... Irony
full member
Activity: 294
Merit: 114
Bitcoin has the first mover advantage and by far the largest user adoption, this is what makes it more stable and valuable than any other of the thousands of cryptocurrencies which have appeared after it. However, from the technological point there are far better coins than Bitcoin out there. I think it is just a matter of time when evolution will take its course and some other better structured currency will take the stage and Bitcoin will start to fade.

Yes, thats right. If we look at the price and stability of Bitcoin, surely everyone will choose Bitcoin. Especially with the rising Bitcoin prices, people will choose Bitcoin as a destination for investment. But if we look at other things like technology and competition, maybe we will choose Altcoin or other cryptocurrency. That's because Bitcoin mining is now very difficult and we should look at opportunities that are in other coins.
newbie
Activity: 20
Merit: 0
Bitcoin is a must-have number 1 cryptocoin for all. After that, one can get into other top
coins.

I understand bitcoin is the first and most common known cryptocurrency. But the prices are really peeking right now. If you're gonna invest in a good cc that isn't really common at the moment which one would it be?
newbie
Activity: 20
Merit: 0
It's way more stable than most other coins and can be used in a lot of places (most coins can't be used anywhere outside of exchanges). Being less volatile also means that it's less like to to x2 - x10 any time soon, but it's a solid investment right now (or well, right now it might be a bit more expensive than usual due to the fork coming up).

I seriously doubt any of the other coins will ever be as big as Bitcoin, but time will tell I guess. EDIT: Well I guess that if China goes and assigns a "national cryptocurrency" or something that one will likely explode and could compete directly. I don't think anything else could come close otherwise.


What about ethereum? U think it can match up to bitcoin one day? Or is right now as good as it gets for ETH?
full member
Activity: 401
Merit: 104
Bitcoin has the first mover advantage and by far the largest user adoption, this is what makes it more stable and valuable than any other of the thousands of cryptocurrencies which have appeared after it. However, from the technological point there are far better coins than Bitcoin out there. I think it is just a matter of time when evolution will take its course and some other better structured currency will take the stage and Bitcoin will start to fade.
newbie
Activity: 57
Merit: 0
Thanks for ur answer btcjoin14 !:) As u might see I'm quite new in this crypto business. Obviously bitcoin is more commonly known than any other currency. Do you think the other currencies like ripple are gonna be as big as bitcoin one of these days?

Ripple is certainly making waves (no pun intended) but Bitcoin reigns supreme in the cryptoverse! However, when you come across articles like this one, https://news.bitcoin.com/bernanke-eventually-governments-will-take-any-action-they-need-to-prevent-bitcoin/, about Ben Bernanke (former Federal Reserve Chairman) talking about Bitcoin not being "a real transactional currency" while praising the Ripple movement, you would think Bitcoin is going obsolete or about to take a backseat to some of these other up & coming coins. In my opinion, Bitcoin has and always will be the gold standard, so to speak, of crypto currency so you can never go wrong with holding Bitcoin as it is more likely to hold its value than any other coin.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
Bitcoin is popular and high just because of it's legacy being the first cryptocurrency and the first we are used to.
And it is introduced to most layman people as a good investment option. Who know nothing about the tech but are in for investment.
Pages:
Jump to: