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Bitcoin => Bitcoin Discussion => Topic started by: oguprice on April 15, 2024, 11:04:25 PM



Title: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: oguprice on April 15, 2024, 11:04:25 PM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world.
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
BTC is also decentralized no one is totally in control of it and this is the best part of BTC.
BTC will forever remain the greatest crypto currency in the world.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Ojima-ojo on April 15, 2024, 11:17:51 PM
Bitcoin is digital gold, and as an asset it has long term durability, the longer the time the more valuable bitcoin becomes just like gold and other precious metals.


What makes bitcoin more unique is that, bitcoin is digitally tranfereble but all the other assets in bitcoin asset class are all offline, that is why some segments of bitcoin lover refer to bitcoin as a digital gold.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: crwth on April 15, 2024, 11:23:03 PM
It will remain as that and no one would be able to overtake that position for a long time. Imagine, it has been approved with ETFs all around the world and no other crypto has done that yet and that's because it's #1. It will be an asset everyone should have because it's digital gold and I agree.

BTC will remain at the top for a very long time.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: harapan on April 16, 2024, 01:37:55 AM
Bitcoin is digital gold, and as an asset it has long term durability, the longer the time the more valuable bitcoin becomes just like gold and other precious metals.


What makes bitcoin more unique is that, bitcoin is digitally tranfereble but all the other assets in bitcoin asset class are all offline, that is why some segments of bitcoin lover refer to bitcoin as a digital gold.

According to bitcoin speculators bit coin still holds greater chances to remain popular over the next decade and also that Bitcoin,the blockchain,will probably continue to be developed to address long-standing issues like scalability and security.

There's no possibility that we can predict what will or what can happen to bitcoin in next 5 to 10 years,as many factors can constitute a rise or fall in price/market.We all worry about this a lot and it still clear that no one has gotten an idea of what the future holds for bitcoin.But its essential that we focus and anticipate for only positive outcomes.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Gladitorcomeback on April 16, 2024, 01:55:34 AM
I agree with everything you said other than the part where you said BTC is the most generally accepted form of exchange in the world which isn't entirely true. As a form of exchange, Bitcoin is not so widely accepted in the world right now because most countries have not yet shown the green flag to it and you can barely find people or places where Bitcoin is accepted apart from a few countries that are Bitcoin-friendly and allow this thing.

The scarcity of Bitcoin is the reason why it's so popular because the demand keeps increasing and since it has a limited supply, it's value goes up every time the demand increases and more people want to have a share of the existing supply of it. This is also why the halving event is considered so important because it reduces the increasing supply of Bitcoin which makes it have a more stagnant circulating supply while the demand keeps increasing.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: BlackBoss_ on April 16, 2024, 02:11:53 AM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc.
You can find many altcoins (alternate cryptocurrencies) with same total supplies like Bitcoin, many of them are Bitcoin forks, or smaller than Bitcoin total supply but these cryptocurrencies are either dead or have very low values.

Total supply, by this example, is not the main factor to decide value of a cryptocurrency.

How many Bitcoin forks are there? (https://forkdrop.io/how-many-bitcoin-forks-are-there)


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: yhiaali3 on April 16, 2024, 02:41:54 AM
It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.

Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Aanuoluwatofunmi on April 16, 2024, 04:46:12 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

We can also apply this to real life, whereby we see people going for what they want because such fixed up a particular want or demands from them, Bitcoin has been long awaited for, the people have been silently ignored of their privacy with financial economy using commercial banks, they are tired of the centralized means of handling their finances, this makes them to go further for seeking an alternative in bitcoin and when they discover it's advantages, they couldn't resist it any more than to adopt it for their financial satisfaction, everyone in cryptocurrency today must have first heard about bitcoin in the first place.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: pooya87 on April 16, 2024, 04:56:50 AM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc.
This is an incomplete statement. Like gold, silver, etc. Bitcoin is not only valuable because of its supply. Instead the capped supply is a contributing factor, the main factor is its utilities. Otherwise a shitcoin like 42coin (supply cap is at 42) and a lot of altcoins have capped supply too but they are useless which means they are never considered for purchase let alone have any increasing value.

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It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
People choose bitcoin over others because bitcoin is useful while others aren't.

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BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money
You need to add a "in the long run" at the end because bitcoin drops in short term a lot.

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BTC will forever remain the greatest crypto currency in the world.
Forever is a long time. Any new innovation has the potential of competing with Bitcoin and surpassing it. The thing is that in the past 15 years from Bitcoin inception, there hasn't been any significant innovation worthy of attention or capable of competing with Bitcoin.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Gaza13 on April 16, 2024, 08:07:08 AM
It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.

Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Maybe I'm asking you a little "what currency can outperform bitcoin".
Maybe you could explain it in more detail?

Not only is it unique, in my opinion Bitcoin is an unusual software technology and it is very extraordinary that this asset was created, as far as I know, this asset was created as a means of exchange for transactions in the digital online world. In my view there is no fiat or any other currency in this world that can compete with bitcoin, The creator of BTC saw something strange about the fiat financial system throughout the world. What makes Bitcoin big in the future is that its supply will remain constant forever.



Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Jawhead999 on April 16, 2024, 08:30:40 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
To add what you said, Bitcoin is the only one privacy oriented coin that allowed by most countries, while other privacy coins already being delisted or banned from many centralized sites/countries.

Maybe I'm asking you a little "what currency can outperform bitcoin".
Maybe you could explain it in more detail?
Outperform in terms of anonymity = Monero.
Outperform in terms of price = any low volume shitcoins that worth $0.000001 and then suddenly reach to $0.001.

Outperform in terms combination of security, decentralized, safety, privacy, high return etc etc = none.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: BALIK on April 16, 2024, 08:33:14 AM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc.
You can find many altcoins (alternate cryptocurrencies) with same total supplies like Bitcoin, many of them are Bitcoin forks, or smaller than Bitcoin total supply but these cryptocurrencies are either dead or have very low values.

Total supply, by this example, is not the main factor to decide value of a cryptocurrency.

How many Bitcoin forks are there? (https://forkdrop.io/how-many-bitcoin-forks-are-there)

Limited supply may be an advantage bitcoin has over fiat currencies, but it is not the only factor that makes bitcoin superior and special. You're right, creating a coin with a finite supply has never been too difficult, many altcoins also have this feature but it's confusing that many people always consider it the pride of bitcoin.
In my opinion, the difference and most outstanding point of bitcoin is decentralization and so far no currency has achieved the level of decentralization like bitcoin.

Additionally, an asset with a finite supply is useless if it has no use case. Bitcoin has many factors that set it apart from the rest of the world, not just its limited supply.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Upgrade00 on April 16, 2024, 09:14:03 AM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
A fixed supply doesn't translate to scarcity. Bitcoin is divisible so you will be able to get some when you want, but there can only be so much that will ever be available in circulation. Precious metals do not have a fixed supply.
Bitcoin's value is also derived from many features it possesses, a capped supply is just one of them.

BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
If you buy at a high price it can drop below that amount, but remember that you do not lose unless you sell.

BTC will forever remain the greatest crypto currency in the world.
Innovation is a constant in today's world.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: EarnOnVictor on April 16, 2024, 09:18:13 AM
-snip-
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
Your points are not without faults and I would have loved it if you numbered them just as you listed them.

First, I often read people mentioning the maximum 21 million BTC supply, but they often see the positive side due to the lesser supply it may cause with the higher demand it could cause. However, they neglect the limitations it can cause for the progress of Bitcoin. No wonder some crypto projects avoided that limitation and even made their projects more scalable than Bitcoin. All these are pros even if we are finding some excuses to prove that Bitcoin is better. And of course, it's uncontroversial that Bitcoin is the number one cryptocurrency in the world. It prepared the table for other cryptocurrencies and is the pioneer, what do you expect? It is already inculcated into the mainstream of the financial market and I expect it to take the front roll and role for as long as possible.

However, I hope the government will not someday clamp down on it, I don't trust them. This will be severe on the private and corporate users due to its decentralisation. Bitcoin is a true decentralised cryptocurrency, it has always been the headache of the government and they've never hidden their grievance about that. If that is left out of it, Bitcoin is the biggest name in the crypto space and will remain like that as long as cryptocurrency exists.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: livingfree on April 16, 2024, 09:33:06 AM
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
This is near on how my friends asked me about Bitcoin. While I told them that volatility can hit everyone badly that our portfolios or even bitcoin alone can drop in value because of having a paper loss but, it's not going to zero or near that.

That's what I have assured them that their money invested on Bitcoin could drop with its value but it's far from being nothing.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
I do.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: kro55 on April 16, 2024, 10:23:56 AM
It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.

Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Maybe I'm asking you a little "what currency can outperform bitcoin".
Maybe you could explain it in more detail?

Not only is it unique, in my opinion Bitcoin is an unusual software technology and it is very extraordinary that this asset was created, as far as I know, this asset was created as a means of exchange for transactions in the digital online world. In my view there is no fiat or any other currency in this world that can compete with bitcoin, The creator of BTC saw something strange about the fiat financial system throughout the world. What makes Bitcoin big in the future is that its supply will remain constant forever.



If supply is the main factor that makes bitcoin strong in the future, what about some altcoins with lower supply than bitcoin? Many altcoins not only have a limited supply, developers even burn their supply on a quarterly basis, which will make those altcoins extremely scarce. If your view is that relying on supply alone will make bitcoin strong, does that mean there will be more altcoins stronger than bitcoin?

Don't just focus on supply and assume that's all bitcoin has to offer. We need benefits, use cases, security, decentralization...so many factors combine to make bitcoin a leading currency.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: yhiaali3 on April 16, 2024, 10:48:10 AM
Maybe I'm asking you a little "what currency can outperform bitcoin".
Maybe you could explain it in more detail?
Of course, there are coins that outperform Bitcoin in some characteristics, but not all of them. For example, there are coins that outperform Bitcoin in transaction speed, as they are several times faster than Bitcoin. In addition, there are currencies that outperform Bitcoin in fees, as their fees are very low compared to Bitcoin.

This is in small partial details, but in general and in terms of complete characteristics, there cannot be a currency that is superior to Bitcoin in terms of its unique features.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: btc78 on April 16, 2024, 11:08:41 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

Bitcoin is at the top of its game right now. Do I think that it will stay up there for a long time? Yes, I do.

But I don’t think it will be forever up there. There is a chance that a new altcoin prove itself to be much more valuable than bitcoin with a much sophisticated technology and functionality. We can not deny that time is changing and so is everything else.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: sohanverma12 on April 16, 2024, 11:10:09 AM
The bitcoin is the greatest crypto currency in the world because bitcoin is very old and every person in the world know about it. After many year of launch it will be the greatest alternative of currency and virtual currency so i like it.



Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Easteregg69 on April 16, 2024, 11:10:53 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

Bitcoin is at the top of its game right now. Do I think that it will stay up there for a long time? Yes, I do.

But I don’t think it will be forever up there. There is a chance that a new altcoin prove itself to be much more valuable than bitcoin with a much sophisticated technology and functionality. We can not deny that time is changing and so is everything else.

Put a bag under it on layer 2.

I go to the shop. It's open..


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Adams0001 on April 16, 2024, 12:28:48 PM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

Bitcoin is at the top of its game right now. Do I think that it will stay up there for a long time? Yes, I do.

But I don’t think it will be forever up there. There is a chance that a new altcoin prove itself to be much more valuable than bitcoin with a much sophisticated technology and functionality. We can not deny that time is changing and so is everything else.

Nothing can overtake bitcoin now or later, and he will continue to be the best for all coins in the world. anything that benefits someone will stay longer, and anyone who is familiar with bitcoins will not believe they will get any coin that can come and pass him for value, and I believe bitcoin will stay longer because of the benefits it provides to people and changes people's lives from poor to rich. He will find it difficult to produce something that can overtake bitcoin because he is so popular, and they will not do anything to cause Bitcoin to fall, so whenever Bitcoin falls, he will rise strongly in order to remain profitable. Anyone knows about Bitcoin  even they don't know is function but they have hear to world before.So don't think they'll get any technology functionality that will cause bitcoin's value to fall, it's only bitcoin you'll invest in that your mind won't be afraid to lose because if the coin drops, he'll rise again quickly, so you'll be waiting for a huge profit and you'll need to leave it for the long term.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Minor Miner on April 16, 2024, 01:00:12 PM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

Bitcoin is at the top of its game right now. Do I think that it will stay up there for a long time? Yes, I do.

But I don’t think it will be forever up there. There is a chance that a new altcoin prove itself to be much more valuable than bitcoin with a much sophisticated technology and functionality. We can not deny that time is changing and so is everything else.

Nothing can overtake bitcoin now or later, and he will continue to be the best for all coins in the world. anything that benefits someone will stay longer, and anyone who is familiar with bitcoins will not believe they will get any coin that can come and pass him for value, and I believe bitcoin will stay longer because of the benefits it provides to people and changes people's lives from poor to rich. He will find it difficult to produce something that can overtake bitcoin because he is so popular, and they will not do anything to cause Bitcoin to fall, so whenever Bitcoin falls, he will rise strongly in order to remain profitable. Anyone knows about Bitcoin  even they don't know is function but they have hear to world before.So don't think they'll get any technology functionality that will cause bitcoin's value to fall, it's only bitcoin you'll invest in that your mind won't be afraid to lose because if the coin drops, he'll rise again quickly, so you'll be waiting for a huge profit and you'll need to leave it for the long term.

Are you from the future? If you're from the future, can you tell me how much bitcoin will cost tomorrow or after the halving? If you can answer this question correctly, I will believe what you say.

Agreed, bitcoin is the king of cryptocurrencies and it is difficult for another coin to replace it but that does not mean that in the future something better will not be created. No one thought Satoshi could create a great currency like bitcoin until it happened. And everything can repeat or happen in the future when someone creates something better than bitcoin. Our world is constantly evolving, it does not stop.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Sanitough on April 16, 2024, 10:59:58 PM
It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.

Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Bitcoin is probably the best crypto investment and the greatest cryptocurrency that exist so far. Not only because it’s highly profitable, but also in terms of security and stability, regardless of its volatile nature, bitcoin still remains to be the most trusted cryptocurrency throughout the universe. This is probably the reason why a lot of people never hesitate to risk their funds with bitcoin, simply because it has a lot of growth potentials that will prove how productive and profitable bitcoin is.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: SeriouslyGiveaway on April 17, 2024, 03:01:34 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

The cryptocurrency market has gone through many cycles but Bitcoin's position remains unchanged, still the leading currency and representative of this market. Many Altcoins no longer exist, but Bitcoin still affirms its position. This has been proven when major financial funds around the world choose Bitcoin as an asset to issue ETFs.

Between Bitcoin and the rest of this market (Altcoins) there still exists a fairly large gap. The only Altcoins that can come close to Bitcoin is Ethereum. However, in this cycle I feel like this distance is even farther. You can see that the growth rate of Bitcoin compared to Ethereum from the beginning of the growth cycle until now is quite different. Most Atlcoins have not kept up with Bitcoin's growth this cycle.

This is most evident when you look at the Alt/BTC pair. All are at the bottom, even breaking the bottom of previous cycles. This shows that Bitcoin's superior strength compared to other Altcoins in this cycle is quite large. Partly because the cash flow from ETF funds is only focusing on Bitcoin, and the capitalization fragmentation of Altcoins is increasing because the number of new Altcoins is increasing while cash flow for Altcoins is not really strong yet .

Therefore, in my personal opinion, if you want to invest in the cryptocurrency market, Bitcoin is still the top choice, irreplaceable.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Poker Player on April 17, 2024, 03:17:12 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

It would be paradoxical to say the least if we in a Bitcoin forum did not think so. But if you hurry me and in the very long term you never know what can happen. If we talk about the next decades I firmly believe that it will remain number 1, and I expect those tens of thousands of shitcoins that do not stop being created to go bust at some point. Some may survive but with the implementation of CBDCs and the ease of digital payments it will not survive as a currency but as a speculative investment.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: serjent05 on April 17, 2024, 03:38:57 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

Bitcoin being the first decentralized cryptocurrency and was accepted by many countries will remain the greatest crypto currency in the world.  The mere fact that other cryptocurrencies were forked of Bitcoin states that the place of Bitcoin being the major cryptocurrency to revolutionize the financial system gives  a strong impression that Bitcoin is already leading other cryptocurrencies in terms of greatness.  No other cryptocurrency get near to the milestones achieved by Bitcoin.

I believe Bitcoin will always be the greatest cryptocurrency in the world and no one will ever take its place.

.. but with the implementation of CBDCs and the ease of digital payments it will not survive as a currency but as a speculative investment.

The question is, are these CBDC fall under the category of cryptocurrency? According to Investopedia, CBDCs are not cryptocurrency so I believe that CBDC is already out of the competition of being the greatest cryptocurrency.

Though the idea for central bank digital currencies stems from cryptocurrencies and blockchain technology, CBDCs aren't cryptocurrencies. A central bank controls a CBDC, whereas cryptocurrencies are almost always decentralized, meaning they can't be regulated by a single authority, such as a bank.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: pooya87 on April 17, 2024, 04:30:00 AM
For example, there are coins that outperform Bitcoin in transaction speed, as they are several times faster than Bitcoin.
Transaction speed is not the time between blocks. Because it doesn't matter if it takes a second for a transaction to be confirmed and 10 seconds to get 10 confirmation as long as 10 confirmation doesn't make it irreversible.
That's what you should look at when considering "transaction/confirmation speed". Those altcoins you say "outperform bitcoin in transaction speed" do not provide the same security as bitcoin with the same number of confirmation. Usually you'll have to wait longer (to get a lot more confirmation) than bitcoin to get close to bitcoin's security (like 6 hours and 1000 confirmation versus bitcoin's 10 min and 1 confirmation).


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: yhiaali3 on April 17, 2024, 04:41:52 AM
For example, there are coins that outperform Bitcoin in transaction speed, as they are several times faster than Bitcoin.
Transaction speed is not the time between blocks. Because it doesn't matter if it takes a second for a transaction to be confirmed and 10 seconds to get 10 confirmation as long as 10 confirmation doesn't make it irreversible.
That's what you should look at when considering "transaction/confirmation speed". Those altcoins you say "outperform bitcoin in transaction speed" do not provide the same security as bitcoin with the same number of confirmation. Usually you'll have to wait longer (to get a lot more confirmation) than bitcoin to get close to bitcoin's security (like 6 hours and 1000 confirmation versus bitcoin's 10 min and 1 confirmation).
Of course, there will not be a problem in a few seconds or a few minutes, but I am talking about the times when the transaction is delayed for hours and sometimes days in order to be confirmed. This is not a permanent problem, but it appears from time to time, and if we are going to get global adoption, this problem will always appear and we must find It has a solution.

Without the slightest doubt, there cannot be a currency that is superior to Bitcoin in terms of security, decentralization, etc. This is known to everyone, but as I mentioned in my post, it is related to small partial details such as speed and fees that do not affect much and that can be resolved with time.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Oasisman on April 17, 2024, 06:08:16 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

The fact that bitcoin is not controlled by anyone or a company, that is more than enough why people have full trust towards bitcoin and majority are considering bitcoin as the bases value of most of the altcoins in the market today.
And, Despite the fact of it's scalability imperfections, this doesn't stop people from using bitcoin even if there are alts created to fix the scalability issues of bitcoin, but because they are run by a group of people, this has created a huge difference against bitcoin.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: liasbaa on April 17, 2024, 08:50:58 AM
Bitcoin is digital gold, and as an asset it has long term durability, the longer the time the more valuable bitcoin becomes just like gold and other precious metals.
Decentralization has led to a different acceptance of bitcoin. Its demand depends on the holding - the more the holding goes, the stronger its price will be. It seems to me that a large group is more interested in holding BTC than gold, thus breaking the ATH again and again.


What makes bitcoin more unique is that, bitcoin is digitally tranfereble but all the other assets in bitcoin asset class are all offline, that is why some segments of bitcoin lover refer to bitcoin as a digital gold.
The easy process of transferring BTC as a digital asset has further increased its acceptance. It is time-consuming whether it would be reasonable to compare here.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Smack That Ace on April 17, 2024, 09:08:18 AM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

The fact that bitcoin is not controlled by anyone or a company, that is more than enough why people have full trust towards bitcoin and majority are considering bitcoin as the bases value of most of the altcoins in the market today.
And, Despite the fact of it's scalability imperfections, this doesn't stop people from using bitcoin even if there are alts created to fix the scalability issues of bitcoin, but because they are run by a group of people, this has created a huge difference against bitcoin.


Many people think that finite supply, privacy... make bitcoin different but I also think that decentralization is what makes bitcoin different from the rest. Additionally, the original goal of bitcoin was to be a peer-to-peer currency, not controlled by anyone including its creator. Meanwhile, most altcoins projects are created with only one goal: profit, bump and dump, so they cannot be more reliable than bitcoin in any case.
Bitcoin is considered the mother of the cryptocurrency industry, without bitcoin, there would be no cryptocurrency market, so it's not hard to see why it remains the leading coin.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: pooya87 on April 17, 2024, 01:46:01 PM
Of course, there will not be a problem in a few seconds or a few minutes, but I am talking about the times when the transaction is delayed for hours and sometimes days in order to be confirmed. This is not a permanent problem, but it appears from time to time, and if we are going to get global adoption, this problem will always appear and we must find It has a solution.
Fair enough. But you should refer to that as "network congestion" as opposed to "transaction speed".
Also keep in mind that all blockchain-based altcoins (DAG is slightly different and I can't comment on it for sure) suffer from the same flaws as bitcoin. Meaning they can experience network congestion as well, some of them even experience a much sever congestion with far less traffic compared to bitcoin if their usage were to grow.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Y3shot on April 17, 2024, 11:12:37 PM
It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.

Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Maybe I'm asking you a little "what currency can outperform bitcoin".
Maybe you could explain it in more detail?

Not only is it unique, in my opinion Bitcoin is an unusual software technology and it is very extraordinary that this asset was created, as far as I know, this asset was created as a means of exchange for transactions in the digital online world. In my view there is no fiat or any other currency in this world that can compete with bitcoin, The creator of BTC saw something strange about the fiat financial system throughout the world. What makes Bitcoin big in the future is that its supply will remain constant forever.
Their is no currency that surpasses bitcoin in any aspect.  Bitcoin is the first cryptocurrency and other cryptocurrencies that we have where created with idea just to copy bitcoin.  Bitcoin is more reliable,  valuable and the most secure digital currency to hacked.  Bitcoin control the market and the movement of all coins in the market. I don't see charateristic from any coin that seems to be better than bitcoin. Bitcoin is always the best that is why it will always be ahead of every other coin, bitcoin is the only coin people can invest without any fear of being crashed in the market.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Kelvinid on April 18, 2024, 02:29:13 AM
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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
Maybe just for now because nothing new has been created aside from these altcoins. But we have this confidence and trust that Bitcoin is the digital gold and the best creation among digital currencies. We can say that the slow adaption makes Bitcoin not known to everyone but as this continues, everyone could enjoy the benefits it has.
Rich and poor will soon get involved in the crypto investment and daily trade, making this another source of income. We may not see its huge impact in life because only a few have offered services accepting this as a mode of payment.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Ayers on April 18, 2024, 03:14:08 AM
It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.

Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Maybe I'm asking you a little "what currency can outperform bitcoin".
Maybe you could explain it in more detail?

Not only is it unique, in my opinion Bitcoin is an unusual software technology and it is very extraordinary that this asset was created, as far as I know, this asset was created as a means of exchange for transactions in the digital online world. In my view there is no fiat or any other currency in this world that can compete with bitcoin, The creator of BTC saw something strange about the fiat financial system throughout the world. What makes Bitcoin big in the future is that its supply will remain constant forever.
Their is no currency that surpasses bitcoin in any aspect.  Bitcoin is the first cryptocurrency and other cryptocurrencies that we have where created with idea just to copy bitcoin.  Bitcoin is more reliable,  valuable and the most secure digital currency to hacked.  Bitcoin control the market and the movement of all coins in the market. I don't see charateristic from any coin that seems to be better than bitcoin. Bitcoin is always the best that is why it will always be ahead of every other coin, bitcoin is the only coin people can invest without any fear of being crashed in the market.

Bitcoin is good but it is not perfect, we need to make a realistic assessment, we should not exaggerate about bitcoin and deny its disadvantages. Bitcoin has high transaction fees and is slower than some other altcoins, that is true and that is the disadvantage of bitcoin compared to other altcoins, you do not need to deny this. But in return, bitcoin is the safest, most decentralized, and more trustworthy blockchain than any other altcoin.

It is very difficult for any altcoin to replace the king of bitcoin because the purpose of creating bitcoin is completely different from altcoins. Bitcoin was created to solve problems such as improving privacy, decentralization... useful utilities that many people need, while altcoins are money games with a very short life cycle. So, no altcoin can replace bitcoin.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: retreat on April 18, 2024, 03:23:07 AM
There are some misconceptions about what you said. You're saying that the limited supply of Bitcoin is what makes it valuable? That's not the main factor that makes it valuable, but how Bitcoin has long-term potential and how it is starting to be adopted by more people. And when you buy Bitcoin, there is no guarantee that the price will not drop from the point you bought it, it will happen, unless you hold it for the long term, maybe you will be able to make a profit from it.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Silberman on April 18, 2024, 03:55:05 AM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world.
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
BTC is also decentralized no one is totally in control of it and this is the best part of BTC.
BTC will forever remain the greatest crypto currency in the world.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
I do not think there is any doubt that bitcoin will remain as the best and most powerful cryptocurrency in existence, as if we are honest even its closest competitors are relatively far, not only when it comes to the market cap behind each project, but also the trust that bitcoin garners on the community is almost unquestionable, while this is not the case with other coins that have some aspects that do not convince a portion of the community, and which I think it is more than enough to not allow those other projects to surpass bitcoin.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: 0t3p0t on April 18, 2024, 07:57:24 AM
Well yeah I still believe that Bitcoin will be the greatest cryptocurrency in the world because look at it's capitalization it achieved the trillion level compared to the others that only has billions. It is now comparable to some other commodities like precious metals and other companies like microsoft, Apple, NVIDIA, Alphabet, Saudi Aramco, Amazon and more and Bitcoin even on the top 10 spot so for me no doubt it is still the best and greatest crypto to date.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: AprilioMP on April 18, 2024, 08:49:53 AM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.

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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

21 million total Bitcoin means limited. The value of Bitcoin is not the same as gold because the total amount of gold is infinite from time to time.
Bitcoin is known as digital gold because it has value, but the scarcity of Bitcoin is not the same as gold. If the 21 million Bitcoins run out, Bitcoins cannot be printed like paper money so Bitcoins are more valuable. Gold will not run out because gold comes from nature (earth).

People's interest in investing in Bitcoin is because Bitcoin is a smart investment asset that is not complicated. Bitcoin is used as an investment asset because it hedges its value in the long term. Apart from value, Bitcoin can be used as payment globally.
It is on this basis that Bitcoin has always been above for a long period of time.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Iranus on April 18, 2024, 09:01:56 AM
There are some misconceptions about what you said. You're saying that the limited supply of Bitcoin is what makes it valuable? That's not the main factor that makes it valuable, but how Bitcoin has long-term potential and how it is starting to be adopted by more people. And when you buy Bitcoin, there is no guarantee that the price will not drop from the point you bought it, it will happen, unless you hold it for the long term, maybe you will be able to make a profit from it.
Many altcoins like BNB, SOL... also have limited supply, even less than bitcoin, but why can't they become or replace bitcoin's top position? Until now, many people still have the misconception that they always rely on the supply of bitcoin and think that it is the main factor for bitcoin to become valuable, but they do not realize that creating a token with a supply low is not too difficult.

In addition, many people are quite naive in thinking that investing in Altcoin will result in losses but Bitcoin will never have that happen, LOL. After all, bitcoin is just a financial market and there will always be winners and losers, there is no market where everyone wins.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: kryptqnick on April 18, 2024, 09:25:02 AM
The scarcity of Bitcoin is actually more reliable than that of precious metals. For one, some of such metals can be available in great number in space, but it's too early to worry about that. The thing is, they might be abundant on Earth as well, as what we have are only estimates, and we haven't fully explored our planet to assert that we know the supply of gold, for example.
I agree that Bitcoin is the most reputable cryptocurrency, and that it's currently the greatest cryptocurrency. I think it will remain #1 by market capitalization for, say, another decade, but I'm not sure about forever, as we can't predict what kind of changes might happen.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Questat on April 18, 2024, 10:40:10 AM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.

-

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

21 million total Bitcoin means limited. The value of Bitcoin is not the same as gold because the total amount of gold is infinite from time to time.
Bitcoin is known as digital gold because it has value, but the scarcity of Bitcoin is not the same as gold. If the 21 million Bitcoins run out, Bitcoins cannot be printed like paper money so Bitcoins are more valuable. Gold will not run out because gold comes from nature (earth).

People's interest in investing in Bitcoin is because Bitcoin is a smart investment asset that is not complicated. Bitcoin is used as an investment asset because it hedges its value in the long term. Apart from value, Bitcoin can be used as payment globally.
It is on this basis that Bitcoin has always been above for a long period of time.
Well, that is another comparison of Bitcoin vs Gold but nothing we can do with this stuff because the value of Bitcoin is fast growing compared to Gold which makes people think that investing in BTC is more profitable. This makes Bitcoin famous to those who know it. It could be the greatest stuff at this time but not know in the coming years if there will be another great invention. In fact, some countries are also developing their own digital currency, which can possibly impact the future of Bitcoin as well.

But yes, as long as demand keeps on rising, the more it gains attention of the community bringing up their interest.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: ultrloa on April 18, 2024, 10:50:07 AM
Simple because when you talk about crypto bitcoin will be the first thing will come up on the minds of people and this adds market strength to its since its like free advertising for bitcoin to be more known to a lot of people around. Also bitcoin is the one became more will known first globally so expect that there's a lot of people will get curious to know more about it since its controversial coin which a lot of people want to have it. Also the limited volume with high demand is the one makes it more interesting that's why institutional investors love to have it since they know that there's big potential for it to grow especially if those billions of people around the world will start to notice about it and demand will became higher since automatically we could able to see a huge price increase on this coin.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Ndabagi01 on April 18, 2024, 05:40:35 PM
Bitcoin, after being the first cryptocurrency in the world, it has set a landmark that no any other cryptocurrency can come near to it, so it will remain the greatest cryptocurrency in the world. The day bitcoin stop to exist, no any other cryptocurrency will be able to survive it for this long as bitcoin did. Bitcoin has distinguished itself from every other cryptocurrencies and that has given it an edge over them. The decentralization, trust, security and transparency system it works on is one that cannot be compared to any and can’t be beaten by any. We cannot foresee the future but with the way market capitalization is going, bitcoin will still be the best cryptocurrency in decades to come because I can’t foresee a big change that will make it lose its dominance in the global cryptocurrency market now.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: macson on April 18, 2024, 06:55:09 PM
snip

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
you explained at length lol, but one thing is certain there will be no altcoin that can replace bitcoin, the reason is simple:

  • Bitcoin's limited circulation, which will always be 21 million, is this limited supply which is one of the strengths of Bitcoin's appeal.
  • Bitcoin has the strongest community, which is unshakable by anything and will not move to other altcoins
  • Even though Bitcoin is closely monitored in various countries, the government is definitely studying it
  • Bitcoin prices are very volatile, this is a big attraction

Maybe someone can add more ;D


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Synchronice on April 18, 2024, 08:45:07 PM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world.
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
BTC is also decentralized no one is totally in control of it and this is the best part of BTC.
BTC will forever remain the greatest crypto currency in the world.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
It's a bold statement to say remain, especially when developers don't want to do anything new with it and in this, I mean, for example, increased block size. Bitcoin can't remain the greatest cryptocurrency in the world with 1 MB block size, it simply won't be able to handle a big number of transactions. It's also sad but Bitcoin is losing decentralization and more and more centralized entities are getting control over it. People also keen towards using centralized service providers instead of decentralized ones.

To my mind, the only thing that makes Bitcoin truly exceptional and probably the GOAT currency is that it's one of the first cryptocurrency and we don't know who created it. That's the magic that Bitcoin has and no currency will be able to copy that magic. Everything else is copyable.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Wakate on April 18, 2024, 09:01:18 PM
The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world.
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
BTC is also decentralized no one is totally in control of it and this is the best part of BTC.
BTC will forever remain the greatest crypto currency in the world.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
There is no argument about this that Bitcoin is the most expensive and valued asset in the crypto market. All we need to keep doing to buy and accumulate because it is quite profitable for us if we are ready to invest in the future. The rich are wealthy because they are ready to take risk and invest in the future. If we want to make money in the crypto market, we must be ready to put some few dollar investing in Bitcoin for us to make good amount of profits in the market. Crypto market is huge and Bitcoin value alone is worth Trillion of dollars which makes it to have the highest market capitalization.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: justdimin on April 18, 2024, 09:11:11 PM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
The fact that bitcoin is not controlled by anyone or a company, that is more than enough why people have full trust towards bitcoin and majority are considering bitcoin as the bases value of most of the altcoins in the market today.
And, Despite the fact of it's scalability imperfections, this doesn't stop people from using bitcoin even if there are alts created to fix the scalability issues of bitcoin, but because they are run by a group of people, this has created a huge difference against bitcoin.
Yeah true, it is not controlled by anyone and it is really decentralized, not fake decentralized like so many projects out there right now. I believe that we are going to end up seeing most of them not do that differently and not that well, because most of them are not really decentralized they just promote it as such but in reality they are still centralized.

Whereas, bitcoin is 100% decentralized for real and that means it will always stay at the top, plus it's the biggest and the first one so there is a factual reason to keep it at the top as well, we need a proper reason to take it from the first place and we do not have a reason like that right now, which is why it is going to keep staying at the top until we have a reason not to.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: lalabotax on April 18, 2024, 09:15:19 PM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
It's been like this from the start. Bitcoin is the greatest crypto. No one can take over his position. In fact, Ethereum, which is in second place, is not even capable. Bitcoin's market cap is currently much bigger and continues to rise. In fact, their ranking has also risen again in the global asset market cap. Especially in crypto. This is the world of Bitcoin, where Bitcoin will become a major role in the world of crypto. Will not be interested in any other crypto even though they think that their system and technology is more up to date.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Raflesia on April 18, 2024, 09:21:59 PM

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
We cannot be completely sure of something but for the next few years maybe even longer than that it will be very difficult to keep up with bitcoin in terms of movement because however for now bitcoin in its development is increasingly recognized so that there will certainly be a lot of people interested in learning bitcoin which makes bitcoin will still be alive and growing maybe even more than today.

But when saying one hundred percent sure in the end it becomes a naivety even though it may be for a certain period of time but nothing will last forever especially with the development of increasingly sophisticated technology because it could be that for a longer period of time bitcoin has unexpected competitors even though the hope for now for me is not up to that but we will not know the future so we cannot underestimate other new innovations even though bitcoin is currently the king.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: _BlackStar on April 18, 2024, 09:46:36 PM
The scarcity of Bitcoin is actually more reliable than that of precious metals. For one, some of such metals can be available in great number in space, but it's too early to worry about that. The thing is, they might be abundant on Earth as well, as what we have are only estimates, and we haven't fully explored our planet to assert that we know the supply of gold, for example.
I agree that Bitcoin is the most reputable cryptocurrency, and that it's currently the greatest cryptocurrency. I think it will remain #1 by market capitalization for, say, another decade, but I'm not sure about forever, as we can't predict what kind of changes might happen.
I would say the same thing - especially about the last point. No one knows what kind of changes the future will bring to bitcoin and its community - these are all risks that must be considered. Therefore - it is not recommended for everyone to trust bitcoin 100% by investing all their assets without a reserve budget - this may change even though bitcoin is by far the most popular asset to invest in.

Legal, security, and price volatility are some of the risks that must be considered. I wouldn't dare guarantee that the price of bitcoin will stay high every year even though scarcity is one of the reasons why bitcoin is valuable. We don't have a crystal ball to predict the future - so we are just people play between risks.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: stadus on April 18, 2024, 09:59:42 PM
It will remain as that and no one would be able to overtake that position for a long time. Imagine, it has been approved with ETFs all around the world and no other crypto has done that yet and that's because it's #1. It will be an asset everyone should have because it's digital gold and I agree.

BTC will remain at the top for a very long time.
Certainly yes. Bitcoin is the most trusted asset all over the cryptocurrency market, so it deserves to be the  greatest and highly profitable crypto asset in the whole universe. And to think that it has been here for more than a decade and still creating a positive progress throughout its existence, then that must be something that bitcoin has to be proud of. And as one of its solid investors, I’m loud and proud to say that bitcoin is highly an exceptional one.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: Belarge on April 18, 2024, 11:24:14 PM
What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.
The real world is here again and we should make good use of opportunities when offered. Just know what to do, and everything will always run smooth for one in the system. Our greatest joy is watching our portfolio growing in huge figures and non-stop to that specific figures. Cryptocurrency is a formidable space where there's existence of opportunities to explore. We should know how fierce it can be if our projects are not hitted. Bitcoin will continue to dominate, this is one of the prolong solid projects in the market.


Title: Re: Why Bitcoin will remain the greatest crypto currency in the world.
Post by: oktana on April 18, 2024, 11:39:53 PM
What I like to think as one of the things that makes Bitcoin stand out is that while it has 21 million total supply, you do not see any where that says that a particular percentage is allocated to Satoshi. They definitely have Bitcoin which they got through whatsoever means, but at least there’s no part of the whitepaper that says a percentage of it was allocated to them because they were the creators. This really makes sense as to how there is no central authority. I am saying this because of how altcoins allocate some tokens/coins to the makers.