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Topic: why you mostly like bitcoin compare to other digital currency? - page 2. (Read 13822 times)

full member
Activity: 238
Merit: 100
Other cryptocurrencies may offer other things.
For an example,Dash offers an inside coin mixing service,other currencies such as XMR offers a better anonymous transactions.
full member
Activity: 784
Merit: 115
its because only bitcoin that can give best rate for the price when we want to make withdraw into fiat and this is the reason for all people to use bitcoin. they use other digital currency to trading with bitcoin and make their bitcoin more big if they get profit.
sr. member
Activity: 336
Merit: 250

it's easy to answer , bitcoin the first ever cryptocurrency well known more than any other cryptocurrency, developing smoothly and established. so why people should make bitcoin as second choice when they have a lot of benefit in bitcoin rather than any altcoin? if you ask a common people about bitcoin or namecoin , they would say have heard about bitcoin than the other.

Who would not like the father of all cryptocurrency Smiley Other alternative coins are fork? copied from bitcoin platform. Since it its the piooner coin, it is popular and peopl already trust it and invest. That is why, it has a value now.

Being the most popular cryptocurrency and being the one  used by the majority of people makes bitcoin the most advanced among other altcoins. In my own opinion, since bitcoin is the one being used by most people, many will see bitcoin as more dependable than any other altcoin. As I think of it, why would I choose another cryptocurrency if bitcoin is there and that is already popular to many and there had been positive feedbacks from its many users?
newbie
Activity: 42
Merit: 0
Actually i dont know what are the other digital currency, all i know is bitcoin. Since i joined bitcoin, i realized that bitcoin is the most i like even i don't know that there are other currency, why? because it gives me freedom of what i want to share, i can get information about trading and investing where these are the good ways to have profit, and can help earning money in such ways that will help you of what you want.
hero member
Activity: 1414
Merit: 505
Backed.Finance

it's easy to answer , bitcoin the first ever cryptocurrency well known more than any other cryptocurrency, developing smoothly and established. so why people should make bitcoin as second choice when they have a lot of benefit in bitcoin rather than any altcoin? if you ask a common people about bitcoin or namecoin , they would say have heard about bitcoin than the other.

Who would not like the father of all cryptocurrency Smiley Other alternative coins are fork? copied from bitcoin platform. Since it its the piooner coin, it is popular and peopl already trust it and invest. That is why, it has a value now.
hero member
Activity: 994
Merit: 544
i heard many Cryptocurrency but why people mostly use bitcoin?


Bitcoin is more convenient to use unlike the other cryptocurrency. Bitcoins is now considered valuable as real money. Its more easy to use because you dont need to exchange it to dollars just to pay bills and cash out. Bitcoins can also use for any investment. Alsl the low transactions fee on bitcoin transaction

Because it was the first one and the original, I guess. Others are just a copy of the blockchain. Maybe there is only very few that has improved version and they could emerge as good competitor of bitcoin someday.
legendary
Activity: 1008
Merit: 1060
People compare bitcoin to another digital currency because people like to compare things. That's basically it, it's our nature to compare things that are similar or falls into the same category and then later on pick the best one. We use bitcoin mostly because it's the first crypto-currency (I know people would say just because it's the first one doesn't mean it's the best. Yeah, I know. But in this case, it is.), it's the original one, and it has a solid foundation.

Altcoins are just a copy of bitcoin's concept and most of the time, an altcoin quickly dies. If you invest in an altcoin especially the new ones, you might wake up one day and the price has already been dumped. You'd feel you've been scammed by the dev, that the promises weren't achieved and all. Well, that's just how it goes. In bitcoins, it's quite hard to dump the whole market unlike altcoin where sometimes the coin even reach 1 satoshi per coin.
hero member
Activity: 1470
Merit: 655
Because other crypto currencies are the clones of bitcoin and have no real development team behind them and mostly are here for quick cash grab.
Also bitcoin yet to be known globally and still is too young while hundreds of it's clones coming out every day and expect people to what? adopt them and use them above bitcoin?

I don't think that is the reason, some of the alt coins have their own team development to increase their coins feature and performance however they didn't succeed to attract user and company to adapt their coins, bitcoin can become the indicator because bitcoin is famous and the first crypto currency, it's the strongest crypto currency for now, so we used bitcoin as the indicator

it is so rare to see an altcoin have a real developing team that actually cares about something other than more money in their own pockets and think more about developing something useful!
what i keep seeing is the same clones with different code but the sane goal : pump and dump and more profit.
legendary
Activity: 1666
Merit: 1001
Because other crypto currencies are the clones of bitcoin and have no real development team behind them and mostly are here for quick cash grab.
Also bitcoin yet to be known globally and still is too young while hundreds of it's clones coming out every day and expect people to what? adopt them and use them above bitcoin?

I don't think that is the reason, some of the alt coins have their own team development to increase their coins feature and performance however they didn't succeed to attract user and company to adapt their coins, bitcoin can become the indicator because bitcoin is famous and the first crypto currency, it's the strongest crypto currency for now, so we used bitcoin as the indicator
sr. member
Activity: 277
Merit: 250
There will be only 21 million of bitcoins whereas the number of forks is infinite
hero member
Activity: 1148
Merit: 504
i heard many Cryptocurrency but why people mostly use bitcoin?


Because it was the first one and the original, I guess. Others are just a copy of the blockchain. Maybe there is only very few that has improved version and they could emerge as good competitor of bitcoin someday.
legendary
Activity: 1442
Merit: 1008
Take a look at this site: https://coinmarketcap.com/
It shows the cryptocurrencies that we have today. Notice the first in Bitcoin. Moreover, also take note of the huge distance that another cryptocurrency needs to take in order to catch up with Bitcoin. We can see from this that Bitcoin is highly popular, trusted and reliable. Most people interested in cryptocurrencies, other than traders would use Bitcoin mainly.

it's easy to answer , bitcoin the first ever cryptocurrency well known more than any other cryptocurrency, developing smoothly and established. so why people should make bitcoin as second choice when they have a lot of benefit in bitcoin rather than any altcoin? if you ask a common people about bitcoin or namecoin , they would say have heard about bitcoin than the other.
hero member
Activity: 1190
Merit: 534
I don’t know about other people but I can tell my approach towards bitcoin. When I first time heard about any crypto currency, it was a bitcoin. In fact, when I heard about bitcoin then I came to know about crypto currency technology so naturally as first come first serve basis, I started using bitcoin and while exploring the world of crypto currencies I came across various alt coins but still I am with bitcoin because many reasons which mainly includes strong community, huge market capital, good core team & strong value and potentials (not just price).
sr. member
Activity: 378
Merit: 250
Take a look at this site: https://coinmarketcap.com/
It shows the cryptocurrencies that we have today. Notice the first in Bitcoin. Moreover, also take note of the huge distance that another cryptocurrency needs to take in order to catch up with Bitcoin. We can see from this that Bitcoin is highly popular, trusted and reliable. Most people interested in cryptocurrencies, other than traders would use Bitcoin mainly.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
Its the 1st of its kind. Its more anonymous. Its more secure. Oh, and also because its value seems to be increasing faster than the other ones.
There go the reasons why I like BTC more than other crypto currencies

The bitcoin is more anonymous than some currency, but it is less anonymous than the cash and Monero or Dash or ZCash.
Bitcoin is pseudonymous, You are totally wrong. I'd like to say they have compared bitcoin with crypto caused by it's about the features of crypto. However, they'd forgot if the bitcoin the mother of crypto. Every crypto has had their characteristics while some are realizing if that looks like no sense.
copper member
Activity: 1330
Merit: 899
🖤😏
Because other crypto currencies are the clones of bitcoin and have no real development team behind them and mostly are here for quick cash grab.
Also bitcoin yet to be known globally and still is too young while hundreds of it's clones coming out every day and expect people to what? adopt them and use them above bitcoin?
hero member
Activity: 3150
Merit: 937
i heard many Cryptocurrency but why people mostly use bitcoin?


Because bitcoin is the most trusted cryptocurrency and has the biggest community.

Most of the newly created altcoins aren`t very legit and trusted.

Some altcoin creators are just creating new ponzi schemes.
newbie
Activity: 70
Merit: 0
Its the 1st of its kind. Its more anonymous. Its more secure. Oh, and also because its value seems to be increasing faster than the other ones.
There go the reasons why I like BTC more than other crypto currencies

The bitcoin is more anonymous than some currency, but it is less anonymous than the cash and Monero or Dash or ZCash.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
Although people keep saying that Bitcoin is unstable, that it fluctuates a lot and all, I think that it is more stable than any other cryptocurrency.

Take a look at the recent "star" of the cryptoworld, Zerocoin or ZEC. The price of it has dropped from 2.3 BTC to 0.25 BTC in 5 days. That's what I call instability. Actually I don't want to say anything against Zerocoin because it really has some advantages in terms of privacy and maybe the price of it will rise again in the future. What Im' saying is that Bitcoin is much more stable than other cryptos and that's why I like it.
member
Activity: 168
Merit: 11
Back from the Dead!
Its the 1st of its kind. Its more anonymous. Its more secure. Oh, and also because its value seems to be increasing faster than the other ones.
There go the reasons why I like BTC more than other crypto currencies
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