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Topic: Why would I choose bitcoin over another cryptocurrency like Ripple or Dash? - page 2. (Read 713 times)

full member
Activity: 196
Merit: 100
The main features of that coins:
-Bitcoin is more popular, it is and it will be number 1 of crypto for nearest fututre, in some places you wil be able to pay/use bitcoin soon, everyone see its value
-How about Ripple and Dash? Very interesting coing with good techniall specifikations, now only speculations that could be used in banking(fintech etc.) or that coins are more usefull in daily transactions.
All things I have found in many posts in past months.
sr. member
Activity: 378
Merit: 250
I guess what everyone above said.. but alt coins are always good to hold also.
I guess its true that bitcoin is the #1 coin to hold or perserve wealth. But i myself hold alot of alt coins also, its good to diversify. I made alot of profit by holding alt coins.
So do your due diligence, you should watch the market and see when is a good time to buy in and when is a good time to sell or trade. If you have that locked down, you should see gains from bitcoin or alt coins.
newbie
Activity: 34
Merit: 0
Right now Bitcoin and Ethereum have a strangle hold because everything is based off them. When new people enter crypto they will always have to go through btc or eth in order to buy other altcoin. Until this changes, they will most likely have the highest market values and least volatile change in price, in comparison to cryptocurrencies.
full member
Activity: 308
Merit: 100
The Operating System for DAOs
Bitcoin is simply the very first currency and it is its most important advantage over all other currencies
Agree, because now there are many better and more technologically currencies than bitcoin but because of its first pass it is the most popular
hero member
Activity: 588
Merit: 500
If you prefer to use other crypto-currency there is nothing bad in that, but Bitcoin is well known already and accepted, so if you want to pay with Ripple or Dash you actually can't do it, only after exchanging on Bitcoin or other popular crypto such as Etherum or Litecoin.
I think if you chose other crypto-currency, but not Bitcoin, it is going to be better for whole community. Other crypto-currency will become more known and the demand for it will grow, add to that they will become not so weak competitors to Bitcoin which is also going to be good as to them as to Bitcoin itself.
sr. member
Activity: 616
Merit: 250
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What makes bitcoin better or worse than any other of these Cryptocurrency?
Bitcoin is much more profitable because the price is about to go up due to demand. There is only a short time for people to get a full Bitcoin for this price.
full member
Activity: 336
Merit: 100
Bitcoin is simply the very first currency and it is its most important advantage over all other currencies
sr. member
Activity: 406
Merit: 250
Right now it is because bitcoin is more available, easy to use, and being implemented in the real world. Over time that will change, but for now bitcoin seems to rule.
sr. member
Activity: 274
Merit: 250
Because its the big daddy cryptocurrency been around since day 1 and probably will be the last coin standing.

Helps that its value increasing dramatically year upon year.
sr. member
Activity: 418
Merit: 262
What makes bitcoin better or worse than any other of these Cryptocurrency?

Bitcoin has been there for long time and is perceived as the #1 cryptocurrency to preserve wealth.
LTC and DASH grant a better user experience, yes, but how many other coins can be created with that charateristic? Heaps, and that's why no matter how many bitcoin cash, bitcoin gold, and so on Bitcoin will always be KING.
full member
Activity: 490
Merit: 100
Because Bitcoin alone has 2/3 of all cryptomarket capitalization! In the mainstream nobody care about altcoin. The pnly cryptocurrency people know is bitcoin. Because of that, Bitcoin will always be the leader!
full member
Activity: 196
Merit: 100
Because some coins have different functions.  Bitcoin in theory is a means of payment. However it is expensive to pay with Bitcoin and very slow. So that’s why other currencies, like Dash, might be better.

There are also tokens that are not means as a means of payment but other purposes, like Ethereum
newbie
Activity: 25
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.
sr. member
Activity: 798
Merit: 263
Bitcoin is a must-have number 1 cryptocoin for all. After that, one can get into other top
coins.
newbie
Activity: 20
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?
hero member
Activity: 891
Merit: 500
What makes bitcoin better or worse than any other of these Cryptocurrency?
Bitcoin is easy to use. Bitcoin been around for a while and it's much older than any of the cryptocurrencies that you mentioned in this thread.
newbie
Activity: 20
Merit: 0
What makes bitcoin better or worse than any other of these Cryptocurrency?
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