Bitcoin Forum

Even after 5 yrs after the invention of Bitcoin nothing outstanding happened so that we can be boastful about the fact that we are moving forward.

Ethereum - Marginal probability of long term survival
DAO- On the verge of extinction
Waves- No solid business plan.Uninformed practises.
Litecoin,Dogecoin and other  cryptocoins- No large scale adoption of these coins.Didnt attract the masses.

Bitcoin is the only winner in the crypto world.
Hail Satoshi!!

Indeed, Bitcoin is the only solid blockchain, all of the rest are struggling to get on Bitcoin's level. And the more time it happens with Bitcoin surviving as number 1, the more solid the project becomes and the harder it will be for it ever going away.

If we reach 10th anniversary in top shape we will confirm that Bitcoin is here to stay for at least another 100 years.

I don't know, there are very few places where you can actually spend/use it. Seems most are just holding it thinking they will get rich in a few days. Almost all post on this board is nothing but spam for sig/post count.

There are entire threads counting up the thousands of BTC lost forever. I could go on.

What is it about BTC that makes it a winner?

It made a few people very rich.

Lots of businesses built around bitcoin, so I guess that's something.

Altcoin is just an altcoin bitcoin is our main already so they can not change the fact that bitcoin is the king..
And we already use it and many company are now accepting bitcoins right now.. day by day i heard outsite in this forum.. that they are now paying in bitcoin or they are accepting bitcoin and i think more stores online will accept bitcoin as payment.

You make it sound like its all over. Its been 5 years but this year or next could be the real beginning . Even the market cap its at at the moment is pretty impressive, I dont know any other asset that would have made such big profits in so little time. Im happy with where were at but obviously its early days still.

Not so. While there are hundreds (if not thousands) of junk alts, there are a few which fill valid needs that Bitcoin can't. First, there are are privacy coins. Bitcoin is pseudonymous. Monero is private and untraceable. Then there are storage coins, like MaidSafe or SIA.

As someone else mentioned, BTC is still young. For as young as it is, it has made a sizeable impression already and will continue to get better. But like 99% of items/products, BTC really needs a marketing campaign. Most people either haven't heard of BTC or don't know what it is. A relatively simple way to increase BTC's name in the minds of people would be a 30-second commercial that states what BTC is and why it is better than banks, along with a URL for more info. It makes no sense that companies like Coinbase or Bitpay haven't done this...they'd only benefit, as would the BTC community.

Its normal human nature to want allthing fast and when you want but bitcoin or any other community driven project need more time. Talking about bitcoin it has already crossed its black days and now have greater security as well as lots of new merchants, investors or even small boy is trying to learn more about bitcoin. Other alts also have more functions than bitcoin and can do well but depends upon the dev team, how they deal with the problems and how fast they can make new updates.

you forget to have LISK in the above list: max visiting lots of countries with investors money, which is causing no any pump in price and value  :(

Bitcoin is most trusted and successful so far because it was first coin of this type.I don't think other cryptocurrencies have any chance to succeed because they don't really have much to offer.In future we will be using digital currencies but those will be backed by governments not these private ones.Bitcoin still will be base currency to set up value of those currencies.

if you examine the survey you will see that a lot of people are investing in the bitcoin market and still bitocin is the number one crypto currency of the world and that is the reality and the real happening in the 5 years duration. you can see that the price of bitcoin is increasing day by day or even stable for so many days that is why because people are interesting to by it and invest in bitcoin.

I'm very proud with bitcoin because bitcoin becomes a stronger currency, can stand alone and defend their selves from the intervention of 3rd parties or another can endanger them. and I think bitcoin will keep surviving every time.

It's more than 7 years since BTC started, and altcoins, most notably Ether have grown much bigger anyone would have thought. I'm expecting change when blocks will be full, with additional transactions being delayed, or rejected. This can happen next week.

Exactly and remember that all alts are profiting from bitcoin. If bitcoin did not perform less interest would go to new coin. So far the road has been bumpy but the long term goal is good.
Bitcoin is ready for a change and either the block size or block speed will change. Which will give some new energy.

The thing that I like most would be a new interface for the wallet. The current wallet needs some graphical improvements.

yes it is a fact i am agree with you. but one thing that i want to tell you that it is a good news about bitoicn that its rate is stable for last couple of years and still it is still the number one crypto currency of the world.

For a 6/7 year old currency that came out of absolutely nowhere and started at zero you're not impressed with the progress? man, you're hard to please.

last time i checked there were thousands of places where i could spend it.

what makes it a winner is trust. more people trust it than any other alternative and all this ethereum stuff goes to show how much can go wrong with unproven coins. it ain't going anywhere soon.

To the bolded I would say that those coins do have strong communities and they do have some utility.  As for their long-term survival chances, I don't hold out much hope.  I would like to think that dogecoin would be around in 20 years, but it probably won't.  Bitcoin, most definitely, and it definitely is so far ahead of the other coins--it's not even close.  So I dabble in trading here and there, but my belief is only in bitcoin.

I think most of the people on this forum think their going to get rich some day by holding their coins. Which, in 5-10 years from today, it might happen. But most people don't put their money where their mouth is.

Most of the post on this forum is spam though. Gotta weave through it all to get to the real BitCoin talk and not just the "faucets, gambling, games, blah blah blah shit on here"

However, not every coin is trying to be bitcoin. There's a hell of a lot of shit coins out there. Most of them the developers hype, retards jump on board thinking they will get rich tomorrow, and the devs run off with money and the coins sit's and rots away.

Not all alt coins are like that though. Some unite and take their specific technologies and use them together to make a good ecosystem.
BitCoin can't do everything, it's only #1 because it was first, and has the most development.

We can not be boastful of having bitcoins. Today the price is good and may increase tomorrow but if we boast and the price goes down its a shame to all of us. But the fact that we are earning and bitcoin is moving on despite of the limited supply is a good reason enough to be cheerful. Hope bitcoin will move to another level in the economy so we can enjoy bitcoins more in the future.

It is just a shame that there's not a lot of marketing going around to sort of hype bitcoin. Someone should take the lead in doing a campaign to better introduce bitcoin to a wider, bigger audience. Market cap is still small and that makes the price easier to manipulate. We just have to be patient and wait for that one big event that would push bitcoin to mainstream consciousness.

Who do you think would be best for that position? I think Tim Cook would be best.

I think that time will surely come. If we have enough wealthy players buying themself a certain position in Bitcoin, then they will use their network to get Bitcoin in their market as it will benefit them as well when the price goes up. In the meanwhile we as normal users can help too. Just make sure you tell people around you about what Bitcoin can mean for them as currency and investment tool. That's what I do.

Yeah, we have to wait, a lot of media, banks and government still don't accept BTC I wonder if they would call this a threat with them especially banks, I remember last year watching news here interviewing government financial secretary warned people to not invest in BTC. hope this will change soon.

Ethereum and DAO had some hack problems lately so I cannot consider them something that can fight their way up to bitcoin. Dogecoin is a fun crypto many people hold smaller amount of it just for fun and Litecoin is in the same price from quite some time now, not really big movements coming to bitcoin from competition so far. Its good for us who believe that Bitcoin is the only true cryptocurrency which can make our lives better so far.

Bitcon is the king of cryptocurrency others just try to survive.Still no cryptocurrency come closer to bitcoin.bitcoin have a big future if it add to the mainstream.Its true some people rich very quick holding bitcoin.I think we need express bitcoin to more people if more people join in bitcoin then bitcoin will be unbeatable.

Yes, Bitcoin is the leader among cryptocurrency, he has legs to stand on as opposed to others. Most altcoins rightly could be considered a bench. In fact, they do not provide any new features and available options can be easily implemented using the sidechain. Besides altcoins not particularly known.

If you compare Bitcoins progress with say the development of the internet and/or the automotive industry, we rocketed past their progress speed. Bitcoin has gone from a fairly unknown experiment to a Billion dollar business. We should not be under the impression that it would take only 5 to 7 years for it to go mainstream, because it's a big world out there and these things takes time. ^smile^

One killer App for Bitcoin and we are in the pound seats. ^heh^

I interested to call bitcoin mother of the crypto coin because another cryptocurrency still alive until now cause bitcoin, and another just trying to became a crypto like bitcoin but they're less fast than bitcoin.

personally i would agree with your statement,but i can't agree with this one i think so far waves have prooven some good movement,and also i see they are developing with very good,even i can't make sure it.

Bitcoin is one of the best crypto currency than other crypto.. if you think well altcoin is altcoin they will never replace bitcoin.
And we are making more benefits in bitcoin than the other..

You don't look at big picture. Bitcoin raises in popularity with each media article or news.
Its getting more and more popular.

I think that the culmination of everything combined surrounding the project is something to be boastful about....There is a large volume of data, money, and labour invested into the technology and it is only going to increase in volume....I think the whole cryptocurrency  community is the real winner.

lol yes it is a fact. i don't know what kind of bit happening do you mean. i think that is a big news that bitcoin is still on number one in all crypto currencies. i think a time is coming when you will hear big and big news about bitcoin. i am also waiting for hearing these big news.

Thats's right, Bitcoin is the best. However Litecoin and Dogecoin are also accepted and have some value IMO. So Bitcoin is the winner but it's not the single crypto which is accepted.

a lot of outstanding things have happened in these years. you just have to look around instead of creating an alternative account and posting this.


and not to mention massive pump and dumps and the huge amount of premine.


all i can say is embarrassment


much better than ethereum but still bad.


at least all these other altcoins like LTC and Doge could survive without scandals.


thats true

litecoin and dogecoin is nearly nothing in my opinion compared to bitcoins, to be honest none of the other cryptos have the power to outtake bitcoin in my opinion

nothing big is happening right now but i think in the 5 years the battle for the best crypto name will be much stronger and there will be more cryptocurrencies created

Something big happens all the time:

Big Network Congestion!

Big time waiting for confirmations!

 :D

Stability can also be a big step forward. Bitcoin has proven it has a steady offer keeping its price for a long amount of time. Plus it now has a total valuation bigger than some companies traded in the biggest stock exchange. Mass adoption didn't happen (yet) but things are still going well for bitcoin.

Those alts listed was made because they have a common source, and that is because of the existence of bitcoin. And I believe they just made because of $$$ and not the technology revolving around it itself.

Anyways, I don't mind any other thing about those other alts cause even if I like something important to happen in that alts in terms of technical aspects, I have nothing to do with that. So just go on and ride the wave.

So in here, Im just taking advantage of every possible trend that will happen in those alts to take profits.

well not a lot of time is required to wait for bitcoin confirmations in my opinion, bitcoin is a really big thing right now thats why you just need to include bigger fees to get it faster

how can you say that nothing big is actually happening right now? bitcoin block reward halving is going to happen really soon i think thats a really big thing that will make bitcoin more popular

I think to this day it is true that bitcoin is still the leader of the cryptocurrency, for Bitcoin is much better than the other crypto. But it is possible in the future leaders of the crypto will change in line with technological developments. So it is only temporary, and we don't have to worry because the future remains very bright bitcoin

is it just me or the bolded parts (the first line and the last line) are contradicting each other. it is as if OP doesn't know what he wants to say himself.

and then the funnier part is the first line after that about Ethereum by calling it long term survival! which is not gonna happen

now bitcoin is the highest trusted  among all crypto currency , because it has gained more popularity , i hope it will grow bigger and bigger every year and also government should make it as legal digital currency, once that is done i believe it will be in high demand.

None can deny that bitcoin is the leader of all of the digital currencies that have existed. I believe bitcoin is the only currency which has got the enormous potential and the innovative technology.

Nothing big happened? I think a lot happened. It is not a revolution that could happen over night.  Bitcoin is awfully similar to creation and propagation of Internet Network.

As you may know internet were created LONG time ago (in the IIRC 1960s), it was widely used by universities and military since 1980s. But normal people had no idea abut it back then!

But in the the last 20 years since 1996, Internet use has grown more than 100-times. And soon it will take over TV and all other types of media and communication.

I expect that we will see the same scenario repeated with bitcoin.



PS: After invention of bitcoin people created more than 600 altcoins - most of them are useless though.

You should have elaborated your point.The fact is,we're moving forward as people are using coins to convert them into fiats,making bitcoin as more of a digital asset rather than an innovative payment system.We still need to reach a point where bitcoins as payments will be accepted on all the major e-commerce platforms.

Actually so many things already happened and sadly most of them are bad things like scamming and ponzi projects.
But so many people earning lots of cash by just playing with prices in exchanges.

the fact that bitcoins been alive for 5 years is a pretty big deal. bitcoin still being valuable after 5 years shows it has amazing potential. once it gets adopted within everyday merchants we will see the real power of bitcoin.

Then people will always believe that,bitcoin is the leader and the king of crypto currency,lead on price,on development,on algorithm,and on anything,yeah i'm agree that some crypto like Etherum,DAO,and waves cannot replace bitcoin,even they have better developer and team.

bitcoin is indeed the king of all the cryptocurrencies in the world and it is only getting better and better each day.

and soon after the halving when the price rises and new investors come bitcoin will be a lot bigger than this.

Yeah its our main crypto ever altcoin is not enough to defeat bitcoin altcoin developers made altcoin to make a profit not to change the place of bitcoin.. they are just promoting and look for investors to increase the value of altcoin. but the truth they are just attracting people to buy so that if they have lots of altcoin you can sell it anytime to convert it into bitcoin..

I don't even think that there will be a cryptocurrency that will be better than bitcoin. Or at least nothing that I can think of. The other alts are just way too far behind bitcoin and the alts were probably originally created to support bitcoin trading.

Monero does have other valuable features that BTC doesn't have. Please don't misunderstand: I am a big fan and user of BTC, but there are use cases for which BTC is not the best coin. Monero:

- came from a completely different codebase

- is untraceable, whereas BTC can be traced since all transactions are public. There are companies whose specialty is tracing BTC transactions. Coinmixers only obscure transactions. As the companies get better at tracing, the coinmixed transaction today that is "99%" untraceable could become easily traceable in the future since everything is in blockchain.

- is 100% fungible. BTC isn't because BTC coins can and have been blacklisted and/or blocked, making them worth less than other equal amounts of BTC. This can't happen in Monero.

- is private. There is a rich list in BTC. A rich list isn't possible with XMR. Any coin with a rich list can't say it's private.

I believe both BTC and XMR have very bright futures.

Exactly its been 5 years, on wards and upwards from here....... ;D

The thread starter implies that "something big" should have happened and that "something big" would mean another cryptocurrency replacing Bitcoin. I can't follow this argument.

First Bitcoin is in a constant evolution process, with many improvements added in the last five years. Bitcoin adoption and usage has greatly increased. I think what we've seen so far is more than we could have hoped for.

The reason the various altcoins are not successful is their lack of sufficient developer and user support. Bitcoin had a first mover advantage and has by far attracted the best developer talent. Bitcoin has all features a successful decentralized currency needs. So there is really no need for replacement.

ya.ya.yo!