Bitcoin Forum

Litecoin is faster, monero is more private, ETH has smart contracts and there are much more altcoin with much more features, even Bitcoin Cash is faster than Bitcoin, but BTC keeps rising much faster.
Don't you think it's just because of the name?

You have made some arguments that don't necessarily mean anything.
Sure Litecoin is faster, but its 2 minute block time means a much bigger security risk as a greater amount of hashpower is wasted. Therefore it also requires a much higher bandwidth and if it had the same number of users as Bitcoin it's network wouldn't be able to handle the load.
It's a similar story for Monero. Same block time.

Ethereum and Bitcoin are driven by different purposes and thus cannot be compared. Bitcoin Cash is not better than Bitcoin in any shape or form.

Sure, the majority of all altcoins have features that Bitcoin does not, or are better than Bitcoin in a way and Bitcoin's price might stem from the fact that it was the first currency, but due to that, it's still the best currency.

Bitcoin is the first coin to "make it big", so the bulk of people who are investing after bitcoin has become widespread do not care about your arguments that much, honestly (like speed, smart contracts etc). People only want to make more money and bitcoin currently offers exactly that, and relatively reliably as well, since major players have started to enter the bitcoin market as well. That is enough reason for your average person to invest in bitcoin.

It's really not as much the name as the value. Bitcoin is obviously more valuable, and isn't showing any signs of stopping. You could probably call it "shitcoin", and if it were to retain its growth and value, people would still buy it. It only really turned into a brand when forks like Bitcoin Cash started using its name to get support.

Honestly though, when was the last time you've heard someone say "Hey, let me get some cryptocurrency so I could buy that shiny thing I've always wanted!" I'm going on a limb and say never? That would be because while cryptos can be used as a currency, their current purpose is mostly for investment. Visit any crypto forum and you're going to see HODLers. Features don't matter as much if all you plan on doing is HODL.

I don't think its just a brand but i would say its a great investment source which is old and trustworthy.I know many alts are much faster and has more features as compared to bitcoin but you have to keep in mind that when it was invented and how many people has invested in this and for them any drastic change would effect.All the improvement will happen in bitcoin too but gradually.

No.

BTC is (in my opinion) more decentralized than other coins, nearly all altcoins have a dev team which can publish updates for the network if they want (of course someone can hardfork too, but BTC has more contributers and dev resources), BTC on the other hand requires that nearly all users agree on an update (otherwise some users hardfork)

litecoin is the same as bitcoin with a much bigger potential blockchain size which makes running a node harder and much bigger orphan risk which makes trusting transactions with low number of confirmation that much harder. it also suffers the same scaling issues as bitcoin

Monero is the anonymous coin we all know but that high level of anonymity associated it with so many illegal activities that makes it something that regular people will stay away from. it also has much worse scaling issues than bitcoin.

ETH has smart contracts so does two dozen other projects. additionally bitcoin has smart contracts through RootStock. and let me ask you this: when was the last time you used a smart contract? where do you know "in real world" that a smart contract is absolutely necessary and is being used for real not for some short term fund raising to scam people and go away?

BCH is also exactly like bitcoin, it just has bigger blocks. it suffers the same scaling issues as bitcoin.

---

in short, bitcoin is not just a name. there is bitcoin, then there are altcoins that are not really better than bitcoin. that is why bitcoin keeps rising and altcoins do not.

Bitcoin is the first of them all, so expect that it will be the first that many investors do want to invest in their money. Well, you can see that all alt coins are traded using Bitcoin.

When you go to the world of Cryptocurrency the first to be called of them all is Bitcoin. As it is the name of this forum so that's why the first to be invested in is Bitcoin.

 Well i believe bitcoin is really not only a brand because it has a value that can be invested and  maybe a  good way to earn a great huge amount that is why i really believe  that bitcoin is a cryptocurrency that can be called as an alternative asset of gaining through ways of internet and it really works.sometimes people will always afraid of the trying is really the best way to have an experience .and experience will teach us how to do some good action in gaining.

Bitcoin is not a brand, it is just virtual currency on the market.

bitcoin is not a brand it is a virtual coin

I think you are confused.  Isn't paying $.01 transaction fee (Bitcoin Cash) better than paying $5 transaction fee (Bitcoin Core)?

Some people are pure 'fanboys' and 'cheerleaders' who refuse to consider facts and reason.  There will be a big loss for these guys in the end.

I don't think that Bitcoin is a brand. It's a virtual coin. But it's becoming more and more popular with no doubt.

Litecoin is faster because there are less transaction and the network is less flooded, on the other hand, the network is much weaker then the bitcoin network, so you if you transfer large amount of funds, I am pretty sure that you will sleep better at night if you transfer it at the bitcoin network.
Litecoin should be the bitcoin's silver, and should be used for small transactions as the fees in the litecoin network smaller, litecoin is not a competitor of bitcoin, they grow together.

On the other hand, all monero offers is anonymous transactions, the monero network has a very big scaling issue and I don't see how it could process 3000 tx/10 min as bitcoin does.

Bitcoin isn't a brand, bitcoin is just digital assets or digital currency but don't had physical form like fiat currency and  aside that it's just a great investment source the price is so fluctuative because that it's make bitcoin great to invest well actually another coin is good to but actually i chose bitcoin because the risk of other coin and bitcoin

Bitcoin's developers hold security and long term stability as their core values. Altcoins, on the other hand, are chasing improvements in order to compete with Bitcoin and each other. They can afford to make risky technical decisions - Bitcoin can't. Altcoin prices are very closely tied, if Bitcoin will fail for some technical reason, all crypto market will crash. Now, to your examples.

Bitcoin's block time target was chosen because developers believe that it's the best compromise between security and utility. Other cryptocurrencies like Litecoin and Ethereum are faster because they've chosen a much smaller value. Time will tell whether it is secure or not, because altcoins transfer much smaller amounts of value per day than Bitcoin and almost no one uses them as a currency.

Monero was built for privacy and because of that there are many drawbacks, plus it's privacy is still being tested. Bitcoin never had privacy as its primary goal, which is economic sovereignty.

Ethereum's smart contracts are still in their early days, they can be quite buggy and lead to tremendous loss of funds. But there smart contracts platforms for Bitcoin are being developed already, and they will be implemented on top of Bitcoin, without any merging or hard forks required.

Bitcoin Cash is not faster than Bitcoin - has the same block time target. It has bigger block space, but most of it is empty, because no one seriously uses this copypaste shitcoin - it was created only for attacking Bitcoin.

So, in general, altcoins are very risky investments, while Bitcoin is less risky while still showing an amazing performance. It's the best store of value out of all cryptos because it has the smallest chances of failing for some technical reason.

In short - no

Lol

Not only the name more likely, it's price. Bitcoin is being known for it's volatility and it's rising and increasing popularity these days. The price pumped from $2K to $10K this year and a lot more of these pumps are expected the next year. If this continues, the price will be more expensive doubling or tripling the current price the next year.

That is the reason bitcoin is rising more than ever. A lot of people are looking to have a profit double than when they first bought bitcoin. they are looking forward to be one of the people who become millionaire because of this digital currency.

Are you armenian?

Leading is everything in crypto industry. The first thing ppl learning about crypto is Bitcoin. So yes it's a brand now but for ppl like Roger Ver and a whole bitcoin.com team who trying to make money on this crypto hysteria.

Bitcoin is the first decentralized currency, nowadays it's trending in the market, BTC got more attention than other currencies.

I like to see bitcoin in the same light as a mathematical formulae. Its a governing codebase that every other cryptocurrency gleans from and its development both past and present sets a strong precedent for a new decentralized community driven economy. This is what gives it value.

I think so, but.. not just because of the brand, there is a fundamental thing that makes bitcoin increase faster / superior when compared with other coins.
okay, i'll make a little simple theory.
If we talk about bitcoin development, then we can look at the history of the spread and demand bitcoin.
I think the bitcoin spread is very good, so that means the demand will also increase and increase.
and the higher the demand, the higher the price.
This request itself also affects, one of them .. certainly not apart from the ease offered in bitcoin (if difficult who will use?). ;D ;)
and most importantly, if we look at the bitcoin supply itself, as we know that the amount of bitcoin is very limited.
so, if we simplify it, when "something" is amount slight .. but demand is getting higher, then the price will be higher.

There are many coins that are technologically more effective than bitcoin. But it is used everywhere, because historically, all altcoins are traded to him. Bitcoin has the greatest popularity in society all over the world. Many startups use it's popularity and call their tokens in tune with bitcoin, replacing a few letters))

Bitcoin is not a brand, it's decentralized among all the altcoin.This is the one of the reason by that no one can control.But other prices of altcoin is control by some developers.This is the reason for price of bitcoin is always greater than the all Crypto currency.

not. but bitcoin is the predecessor of all crypto, and tends not to be controlled by companies or groups. this makes the difference from all your crypto. I think so.

Bitcoin started all this is the reason that as much as new technologies were offered by many cryptos or alt coins bitcoin remains on top because it has able to established the trust of people towards bitcoin investment and the history of bitcoin will proof that none of those alts you mention can overtake bitcoin so far. Bitcoin is not a brand for me, its a legacy of a cryptos that will stay for a long period of time.

Bitcoin's a fun new mystery like that, right?  In one hand, it's this ephemeral thing that's a lot of theory and a lot of hashes that's hard to conceptualize as an 'item' (even a digital item, it's not like 'gold' in a video game that can be visualized).  But at the same time, it's a currency that's openly traded, used to order pizzas, and can buy you things.

Saying Bitcoin^tm is a brand, is like saying the US Dollar is a brand.  It doesn't make sense.  It's a currency.  It's not a brand over the Euro or Yen, it's just another type of the same thing.

But at the same time, it's a product that's bought and sold on a market, and has an established 'perception' in people's minds.  For example, Walmart isn't necessarily a brand.  It's not a product to be bought and sold.  But you know Walmart when you see it, and when you associate with unfortunately dressed customers.  The same can be said about Bitcoin.  If you see it as a currency, then it's not a product, it's money.  But you associate with volatility, huge gains, decentralization, anonymity, and all that good stuff.

Repeating 'it's decentralized' doesn't make it less of a brand.  A brand is either a product that's bought and sold (like Nike or Pepsi), which should be referred to as 'brand name'.  A brand is also a perception in people's minds (like Walmart or Dallas Cowboys Cheerleaders).

I think Bitcoin fits both of those definitions, as well as others.

It's a mystery :D

In today's time, bitcoin is the newest cryptocurrency. Because it is the first decentralized digital currency. And it is trending in the market because the high price of bitcoin. Using bitcoin, you can invest your money and earn a large amount.

Bitcoin is not "just a brand", but I do agree that the name 'Bitcoin' being the first cryptocurrency had a great effect in its success.

I don't think that bitcoin is a brand but i will consider it as a gold standard for cryptocurrency exchange, just like US Dollar it is the standard currency for foreign exchange. Bitcoin was not the first one to conceptualized cryptocurrency but its core component like blockchain technology was more popular and it was patterned by some other cryptocurrencies and other networking security infrastructures used by large corporations.

all I can say that it the future money not just a brand.....

Yes, which its name do really affect why its being adopted by the community and come to think off that this coin is the first crypto which it cant really be removed even how those altcoins would prove even more better from bitcoin because we did able to see how big is the support of people on the king of crypto.There might some good alternatives but we cant really remove the fact that bitcoin would still be the best choice might not on its full usage but for its benefits either on investment or asset.

A large part of Bitcoins current success could very well stem from its name, its 'brand'.  Think about it.  If Bitcoin Cash somehow managed to sway the majority of investors earlier this month instead of failing what would we be calling it?  Still not sure, ask yourself how many investors have read Bitcoins whitepaper or have used Bitcoin to pay for something?

No, it is not a brand. The brand is not a matter here. It is a cryptocurrency and the whole world is behind it.

I think bitcoin is certainly a name at this point in time, the reason being is that bitcoin is getting all the popularity right now. NASDQ is about to add bitcoin to its exchange so everyone is hearing about bitcoin. Not to mention that bitcoin just hit 10k and that is causing a huge stir in the world. People are suddenly trying to make a quick buck and buying into bitcoin.

I think bitcoin will stay dominant for a while, but in the end I think that bitcoin will be a store of value. Just like gold.

It’s absolutely true , of course it’s not just a brand and not just a virtual currency.

of course not. if bitcoin is just a brand, its price will not be as high as it is today. In fact, bitcoin is also used as a means of transactions by some people. so, of course bitcoin is not a brand.

Ofcourse Bitcoin has become so valuable as it is because of its brand name. Bitcoin is the first cryptocurrency, and therefore the most famous one.
If people would buy the cryptocurrency that was the most practical to use then there are currently hundreds of altcoins that can do exact the same as Bitcoin, but better.

Right now Bitcoin is mostly a speculation object and "digital gold" though, but i believe that can change once the core developers carries out necessary improvements, which can give the currency greater opportunities.

As i seen, it is because of trust. Trust means its value still accepting in many trading even though price was falling down dip even 1 btc = $1.
Also, Bitcoins has been more popular and implemented on some business online.
Make this conditions, if you have real money $1 millions, would you be sure to investing all or mostly for buying Litecoin? monero? Eth? or Bitcoin?
My answer is i will buying/spending all on Bitcoin first. Even, buying bitcoins nowadays are high price but i will take this risk rather than buying others.

Bitcoin still has the largest network and a lot of money from big players invested.

It may contribute as to why bitcoin has been increasing value. Come to think of it, people, when talking about crypto mostly know only bitcoin and not other altcoins. So, I can say that the bitcoin name helps in promoting it, therefore helping in increasing its value. It's potential is off the charts as well that's why more people trust it.

The system of Bitcoin is complex, it isn't just a brand.
Media loves Bitcoin because of its marketcap. That's why it is so popular, for example, for two main reason:

1. People can make money trading bitcoin
2. It is a currency the people have control of not the banks.

Bitcoin was the pioneer when it comes to the market. Mostly of the coins that you mention was a better rather than bitcoin but, most of us here would support bitcoin no matter what happens wanna know why?
Bitcoin relies on the community just to make a change (Hard or Soft fork). Tokens on the other hand yes, they are a lot faster than Bitcore still it's the biggest known Cryptocurency.  

Bitcoin is not a brand it's a currency.

I suppose that in a way you are right, but sure, the main reason of Bitcoin growth is something different. BTC has got the great background and this is the most well-known cryptocurrency. Its capitalization takes over 56% of all funds in crypto world.

Noo man. It'd be very unwise to think Bitcoin was just a brand. We are now living in a time when we need to be more open minded. So we shouldn't limit our way of thinking.

"Just" - no. However it's been recognized and will continue to be as the face of crypto, and that won't go away anytime soon. Bitcoin's something everyone from your grandma to the mailman to your Uber driver knowing.

Some oranges are sweeter than apples yet we don't compare apples with oranges. Bitcoin cannot be called a brand, it is more. Bitcoin isn't rising in value just because it's a brand, rather it has proven to have the capacity to absorb shock and rebound. There may be many reasons for this. First, the circumstances surrounding its origin. That Mr Satoshi was able to develop the currency and step aside gave it a 'it belongs to public' appeal just like money. There's no one you can point to as being in charge or being the owner. A lot of people love that. You may be aware that many people think Bitcoin is just another ponzi. That is despite the circumstances surrounding its origin. The good news is that with Satoshi out of the way and  Bitcoin backed by a community, there's no media campaign against its 'owner' that could survive a scrutiny.

You only need to look at Bitcoin growth chart since inception to understand that justification of the confidence many repose in the digital currency. Aside 2014, it has had consistent appreciation yearly which has had a cumulative result. We all have seen coins that never survived up to a month, but Bitcoin, despite being the premier is the prominent. Bitcoin has survived a lot, so it has earned the market confidence.

No it is not just the name, there is much more about what makes Bitcoin best. Bitcoin was first of its kind, and yes that gives it big head start. But I don't think that Bitcoin is successful because of that only. Bitcoin transactions are slower because there are so many of them, and there is limited hash power. Bitcoin has built it reputation over several years, and there isn't some new Altcoin that could beat it over night. People invest in Bitcoin, because they trust it. Investing in other coins is bigger risk, it is simple as that. So it is not just the name.

I think because it is the safest cryptocurrency and maybe the easiest to turn to fiat and the more accepted worldwide.

No it is not a brand for some people it is even their job because some people earn on a daily base from bitcoin or other altcoins also for other people bitcoin is a chance to rewrite history and be rich.

As you mention they three has different ways, remember BTC is the very first in compare and it's security is very good, people mentioned above about the amount of block per time which seems to be another thing to compare ;)

I don't think it's because of the name. So if Bitcoin Cash is faster than Bitcoin and has "Bitcoin" in its name then what is the problem here? It looks like the vast majority of Bitcoin community decided that Bitcoin SegWit1x is "how Bitcoin would look like if Satoshi Nakamoto was still around here". There are plenty of altcoins which have many interesting features but none of them is perfect. Even Bitcoin has flaws.

naturally bitcoin is more famous for its success so fast than its competitors at that time.

I think not, bitcoin is legendary, and that makes its name even higher. if another altcoin appears at the beginning, for example Litecoin, then today Litecoin will be the parent of altcoin.

Not just the brand, but it's also including, too. Bitcoin remains a guarantor, showing growth over a long period of time. Very large investors invested money to this, surely the banking sphere will start buying up its shares very soon .

That's the lack of understanding or awareness, because at times bitcoin gets compared to some of the brands. It is done to make clear about the capital it has gained. This might have got interpreted as a brand promotion. When people learn the real usage, such statements will go away.

I'd rather to say that bitcoins holds every particularirty of other coins but it's on better conditions.

Bitcoin is much more than just a brand. It's a decentralized network and community, a currency based on cryptography and backed by the strongest computational network in the world. It sparked a wave of innovation among Internet users with the emergence of cryptocurrency. Bitcoin is the first and largest of its kind, and benefits from newcomers throughout.

You probably could ask if the dollar is just a brand... being the first has its merits but the acceptance and the market adoption like no other coin have to make a significant influence on the value of it. Maybe in the future, some coin may reach as much acceptance and inclusion in the various markets like bitcoin has, until them there is no question why it keeps raising, is not just the name is a lot more than that.

Absolutely.Bitcoin has been the pioneer in crypto world gaining the trust of investors all over the world.It was the first thing which gave financial freedom to the people who were already fed up of governments and banking sectors.They have seen it performing well giving them good returns as well as their investments also remaining safely.So,they prefer bitcoins and don't want to risk themselves by investing in other altcoins.

The actual thing is that Bitcoin is used for the shopping and other services more and more and that is why it's dand is increased and the value increase. The exchanges are more so it is a more convenient currency.

Bitcoin is the mother of all coins. Yes its a real brand.

It is not just a brand, but a new concept that is fresh and exciting. A new currency trade practice and means to invest and garner earnings.

What the? It was like asking if your mother was a brand? Bitcoin is the mother of all cryptocoins, and all the concept of the coins rising now is from bitcoin. I don't get it why you need to say that this is a brand. If this is a brand, then it is the leading brand of all brands, then.

I don't consider it's  just as a brand but I want to say it's  a huge investment source. Bitcoin is a crypticurrency that can be called as an alternative asset of gaining money.It's  become popular day by day.Altcoins are very risky investments,while bitcoin is less risky.It's  price increasing day by day. It is used everywhere..

Bitcoin, a cryptocurrency, is not a brand, it obvious that when an open source project gets international recognition,people want to create   brand to make themselves popular. I think the real confusion for ordinary folks is going to be trying to choose an exchange, wallet etc. In own opinion, it incredibly cynical of companies who create parasite brands like "Bitcoin.com" or "Blockchain.info" because their entire strategy is to "trick" people into thinking they are the "official" Bitcoin - though an official Bitcoin, by definition, does not exist.

Bitcoin is not just a brand. Bitcoin is the originator of a decentralized, anonymous and very secure digital currency, which is why bitcoin values ​​rise faster than other coins. Bitcoin is like a digital currency icon, that's what needs to be underlined.

No bitcoin is famous not because of the name but more of the features, bitcoin is the first crypto currencies that become famous, therefore bitcoin already got a lot of users,  bitcoin is already used in a lot of places, and since the high spike of price bitcoin has attracted so many people to invested, with a lot of investors bitcoin become more famous and the price become more valuable

It is not a brand, bitcoin is a digital currency were people use and invests. Yes it is a currency that more offer to users and ofcourse it has a benefits which we can use anytime with internet connection.

It's not necessary the brad but the people's choice were they put there trust to invest in that kind of crypto-currency.  They only thing you want to be wise in selecting currencies is be patient and continue reading.

I believe bitcoin is really not a brand because it has a value that can be invested and may be a good way to earn a great huge amount. Bitcoin is just virtual currency on the market.

Bitcoin is not a brand. Its a modern currency.

Bitcoin is a virtual money, as a private currency, Bitcoin is ultimately a “consumer product” and, like any other, its success is in large part determined by the engagement it can build with consumers in a free marketplace. Its not just a brand.

I think your explanation is more than enough, this is not just a brand, but I see anyone who asks about digital money will definitely start with the word bitcoin, it's commonplace in almost all the world who know the bitcoin digital currency. only known bitcoin, all Altcoin will lead to the exchange of bitcoin. even to get real money in my country, I have to exchange the Altcoin I have with bitcoin.

You can say it again, its probably one of the best and rising brands of recent times, and it will be like this for many years to come. Technically, it isnt the best coin, but its price is the highest, so makes it the best.

Look at it this way; old houses in prime areas are always priced higher than very modern houses downtown. The old house may not be the best, would require plenty of money to renovate it, but is still priced higher.

bitcoin is more than a currency, it's symbol, a legend and a revolution again fiat. That's why BTC is priceless not yet but in the future

Bitcoin  was a brand, a new and first among the Crptocurrencies. It is a digital currency that have a future to bring about transformation in the life of investors. It is  an asset for investors that have great future and gain for investors who invested at the start of the brand.

Not just the name but the name now has become synonymous with cryptocurrency that they are inseparable. Rather more people know the bitcoin name than what a cryptocurrency is. I try tell people what I do and they blank on cryptocurrency and then I mention bitcoin 5 seconds later and most understand at that point. It goes to show how important bitcoin is to cryptos and in fact bitcoin may be bigger in popularity than cryptos.

According to coinmarketcap bitcoin dominance in cryptocurrency market was 60% when I've opened the topic, now it's 33%. Don't you think that BTC can lose the "status of a leader" over time, with the arrival of new investors into the market.

We could say that bitcoin is the "brand", people trust in it because its history, because it proved that we can trust in crypto currencies and that it works.

BTC has started all of these other cryptocurrencies,alts whitepaper was based on the original whitepaper of satoshi nakamoto,its not just brand but a digital currency without centralization of these banks and governments that the fiats has,in my own point of view btc is an asset which you cant destroy nor be duplicated unlike money/fiat.

Bitcoin is a very strong and powerful brand name, and it has the first-mover advantage among cryptocurrencies. It's also relatively scarce compared to other cryptocurrencies. It is perhaps the most censorship-resistant of them all.

My question is bitcoin better than other cryptos or it's just more popular, because it was the first one? People who are not well informed about cryptocurrencies thinks bitcoin is the only one. Many cryptos are based on bitcoin's technology but it doesn't mean they are worse, they are just different. I mean, if we change bitcoin's name to "Bitcoin Cash", and rename Bitcoin Cash to "Bitcoin", don't you think that it will cause BTC's price dump and BCC's price rise?

Bitcoin is the Father  of  all the other coins. It is the precursor while other altcoins are trying to improve on Bitcoin and do some catch up. Bitcoin is head and shoulder above them all. It is not only the name but also the value.

yes bitcoin is brand for online transactions it is better than visa and master card

Yes it brand, but it does not mean that it is smth bad. Any name becomes brand when it proves that it has quality and that it is trustworthy.

The name (of the brand) comes from the quality. You said that BTC is the best coin and accordingly its popular. So, brands are emerging this way through quality and popularity.

It's not just a brand, bitcoin is the first crypto currency in the world base on blockchain platform, when bitcoin price go up, it takes price of every altcoin will go up too. bitcoin is king of crypto currency. I believe its price wiil raising up higher in near future

In my opinion it is not brand.It is a future money. :) :)

It could be brand and most popular exchange currency in the future at the same time. 8)

The debate may continue to rage over whether bitcoin is a viable alternative to the dollar or just another Ponzi scheme, but there's no denying of its ability to boost a brand's awareness. ::)

No. Bitcoin has a big chance to exist like now. Bitcoin can be anything we want, like money, thing, and so on. The others cryptocurrencies can be exist like now just because bitcoin. Bitcoin as the first digital currency make the others cryptocurrencies have a name and success now. So bitcoin is not just a brand.

BITCOIN IS A CURRENCY INTERNET MONEY CRYPTOCURRENCY FUTURE DIGITAL MONEY

may be. As the bitcoin is the first coin that appeared a long time ago. She was not as popular as it is now. Therefore, against the background of other coins, bitcoin can be called a brand that sets the pace of growth.

When you get down to it, the crypto that gets called BTC is not unaffected from any fork. In fact the dev team splinters away to work on two similar but different pieces of software, each roughly equally distant in similarity to the pre-fork coin.

If there was a fork of BTC that retained all transaction history and added no new major features, wouldn't that be the thing to call Bitcoin? We know that it doesn't work that way -- rather than being a particular software it's instead just a name.

Exchanges and the community at large have to agree on what crypto they're actually going to sell as BTC. The adherence to the original software, in market terms, becomes irrelevant. In fact the software in its entirety becomes irrelevant. The only thing keeping BTC king is the internal politics of the dev team and its splintering, and agreements reached with exchanges.

If the whales truly understood that, they wouldn't be so consistently bullish every time a community splinter comes around. The fact is that buying BTC is no longer participating in the adoption of an innovative digital currency, with actual principles of operation, it is just buying a hollow brand name whose power isn't determined by merit or similarity to the original software, but to insider politics, a cacophony of perpetual dealings between devs, exchanges and whales.

Am I completely off the mark here? Did I misunderstand how the latest hard forks work?

Bitcoin is like the father of all currencies and as you said, its a brand anymore. all the people think that its not a cryptocurrency market but bitcoin market

I think bitcoin is a great trend right now. Bitcoin was the first, it all started and so it is now much more popular than other crypto-currencies. Also, it seems to me that everyone is waiting for the last bitcoin to be produced and the price for it will skyrocket.

Bitcoin is not just a brand. By the way. I do not know what you mean by just brand but it is not right.

No it is not. It is because of the reputation that Bitcoin have established throughout the years of its existence. Bitcoin has a large community which generates high market demand that yields for high increase on its market value which other cryptos doesn't have. Bitcoin earned its popularity without ease. It gone through lots of ups and downs before achieving a reputation that it is currently having. So obviously, it is not because of the name or "brand" that OP is referring to.

Its bigger than a brand in reality, Its the main thing when it comes to the crypto world, I dont think it is replaceable.

what do you mean a brand? A brand of what?

Bitcoin is the brand of all crypto currency. Many people perceive it as an indicator of a distributed network

Innovation, scalability, technology, engagement, profits, big goals and achievements...
If Bitcoin wuold be only a brand it would be the best brand ever!

But it is not only a brand, it is a crypto asset and it is also "the brand" that started and opened a market that reached 800B of market capitalization.

You forgot the high fluctuation description of bitcoin which make some investors to gain, and vice versa.
Also, it's crazy to think that bitcoin have reached an 800b cap where in, the world doesn't know who really Satoshi is.
An unknown "brand", "asset" etc (which ever term sounds good), yet still a very profitable thing.

Bitcoin is not only a brand, It is the world's first block chain platform cryptocurrency which is just like a asset. It is now being accepted by many websites for online payments and it will make life easy in coming time.

Maybe it could be because of the name but I think it's all from the quality of technological sophistication and bitcoin will remain the number one, because the bitcoin as the first mother and coin created in this world

Yes, I have thoughts like you. I see the project using the altcoin itself as Etherum. All transactions are through Etherum and have nothing to do with Bitcoin. I think Bitcoin is a brand to market electronic money. Or maybe it's because the value of Bitcoin is too large to calculate the meager amounts. I am really curious about this issue and would like to be explained by everyone. thanks.

Probably, the Price keeps rising is because of its reputation. Investors tries to put their money on the most Reputable investment in Cryptocurrency, also BTC is one of the most (if not) profitable of them all.

A new generation of cryptocurrency will be available in the near future but i think the position of Bitcoin will always be separate and important  because Bitcoin has changed our perspective on money.

The brand satashi nakamoto made bitcoins is very strong. As you said there are more efficient coins but bitcoins with it troubles in network congestion and fees, It is the only crypto currency that an average person is aware of. Bitcoins is just a good brand which sells.

In economy brands are very important.
A company that has a brand can ask a higher price for a less quality product than other competitors.
It's all about what people think about a product, and the thinking of people can be influenced. That happens mostly by media.
Bitcoin was the first coin in the relative new field of crypto currencies. So it is clear that when people think of crypro currencies they first think of bitcoin.

Besides, when I look at the charts, bitcoin and the major altoins have started developing in similar ways. I don't see that btc keeps rising faster than the alts.

It is brand new to few of us that just started trading and making little return but to others it has gain popularity and increasing with the concurrent currency after it.

I'm a branding and marketing guy, so I like the thought of Bitcoin as a brand. However, I'm not sure it entirely is.
Jeff Bezos once said 'a brand is what people say about you when you are out of the room'. So thinking about how most punters would talk about Bitcoin at the moment, they'd say it 'is cryptocurrency', unaware of most of the other products or currencies out there.

At the moment, to answer your original point, it is booming because it is the one generating the most PR. I've got a theory that this has been created by early investors - investing in PR to support the currency - to create growth and great returns. I think the general truth is thought that most people don't hear the Bitcoin story, they just hear 1000% returns, Billionaires https://raisedoncrypto.com/products/bitcoin-billionaire-impact-tee-2 (https://raisedoncrypto.com/products/bitcoin-billionaire-impact-tee-2), etc

However, what does seem to be true is that the more people talk about Bitcoin, the more late comers come to the party, the better the other currencies do.

Yes bitcoin is a brand for me. Because it has a value for me and to all off us. It is priceless and treasurable. Bitcoin is the first coin that appeared a long time ago. She was not as popular as it is now. When some one creat or develop or invented it is called already a brand. And a company that has a brand, produce a quality product to influence people. Just like bitcoin now. Thats why i called bitcoin a brand...

Bitcoin is not just a brand. It is the biggest cryptocurrency. A promising cryptocurrency. So, for me, bitcoin is not just a brand it is something bigger than ahn it's name.

A brand can only describe so much. Bitcoin has more features than you can ever imagine. It cannot even be described by the word Bitcoin itself. Besides, Bitcoin is the father of Monero, ETH and all others so why would you think that the father of all cryptocurrencies is just a brand. Bitcoin is the progenitor of all blockchain technology. Nobody knows anything about blockchain before Bitcoin came into the picture.

I think it is more than just a brand because it is the founder and the current coin which has the value in our market today. Besides it is something which provide financial benefits towards us.

Absolutely. I think many people including teenagers already know about Bitcoin.

Of course not. Bitcoin has many advantages. But we can not disagree with the fact that part of its capitalization is achieved through the brand.

The brand sounds great. Part of the cost of bitcoin is a brand.
We should not be scared, because the whole world lives on the brands we trust them and are ready to pay money for this trust.
"During the nine years of its existence, bitcoin proved its reliability.
This is a fundamental requirement for a new technology for the whole world.
The changes introduced into the code during these years, as well as the technological superstructures (lightning network, atomic swaps, signatures) allow us to state with confidence about the future perspective of bitcoin. Today there is no crypto currency capable of substituting bitcoin. "

Yeah, I think so. In addition, Bitcoin is the first coin of the all ones.

Bitcoin is not a brand because it is a cryptocurrency or a digital currency that is created to solve the current issues that we have in the financial system and help the people to fight the inflation of the fiat currencies and that is why it is not a brand because a brand do nothing because it just a name while bitcoin does solve the problems that we are currently dealing with the fiat currencies.

Yes, bitcoin is a brand which signifies excellence, courage, dedication, passion and success.
Bitcoin is a good brand and model in the cryptocurrency since they will provide you ways on how to earn money and become successful indeed. They will help you to become financially stable in future.

It is usually not that you think of naming hahahaha.. it is about how the crypto currency works on demand and supply and it is how popularity comes.. being yhe first ever cypto currency / virtual money of course it is more rare and the people will trust it more than those new altcoins. It is like the founders edition and amount of people and investors who are continuos using especially bitcoin as the basis like USD☺ THATS basically it

Well i don't even know how that idea came about. Bitcoin is an innovation that introduced blockchain technology tonthe world and brought awareness to the crypto market. It's a very diverse market with different uses for different coins so i don't think btc or eth or any other alt is just a brand

there are countless reasons for the extreme popularity of bitcoin. This undoubtedly plays the role of backbone in gaining the trust of investors that it is the most oldest and successful currency in the crypto market. It si more than a brand, it is a guarantee of success.

Nope, its clearly bitcoin is about digital cryptocurrency which hold lot of investors to stand for all alts. And if we talk about brand it is obviously bitcoin is not just a brand its a site that all of us see for it to take it. It wont just brand its all about dignity for all to stand along s9 that it will last long.

Bitcoin is not only just a brand because it has a value that can be invested and  maybe a  good way to earn a great huge amount that is why i really believe  that bitcoin is a cryptocurrency that can be called and it is building it's own name.

To the unitiated, bitcoin is cryptocurrency. The iPhone, Kodak, Frigidaire, the dollar and the English language all rolled into one. A few years from now, the products listed here can be bought using bitcoins. It is the gold standard in cryptocurrency.

Bitcoin is a revolution in consciousness, the next stage of globalization through decentralization.

Well, I think it is a brand. It is because other ICOs have the same basic features, only that it differs on how one is operated in terms of transactions, price fluctuations and etc. It is like the leader in all ICO brands because it is the pioneer to using blockchain technology, not to mention it is the most expensive because of its popularity that cuts across nations. In fact, others perceive all other ICOs as Bitcoin whenever they refer to other cryptocurrencies. Just to cite an example, say, Colgate. Others refer to other toothpaste brands as Colgate because the latter has attained a status of a household name. Whenever people think of a toothpaste, they immediately recall Colgate. That is how Bitcoin is.

No, Bitcoin does not just mean a brand for me, it means a lot more! In fact, many have found themselves in a total trouble defining what it might mean. That's how broad it is! But, people come together for a common goal- to give it meanings more and more. So just for a glimpse, it doesn't only exist for its name for its name makes it live. And as for its reliability and the unity of its people it would be made known.

Bitcoin is a crypto currency, its not a brand

for sure it's rising because of the fact that btc is legit not fooling much to rich it here more
want to be rich with btc so many more btc

i think bitcoin is not only just a brand. bitcoin have a different things from other coins.
bitcoin and other cryptocurrency indeed have the same function, but they have a different advantages.

Bitcoin is a P2P form of digital currency. Point-to-point transmission means a decentralized payment system. I do not think bitcoin is a brand, but it can be used to cash it and convert it into currency for most countries. Users can use bitcoin to buy some virtual items.

No its not, the reason why bitcoins is always at the top is because, it is the coin that first exist and no one really think that this coins price will increase even more as the time goes by and those new altcoins that are being released are only interested to become popular as well so their coin will grow in the market just like bitcoins.

It's simply because bitcoin started it all, there might be a lot of coins that has a better qualities and features than bitcoin but you can't ignore the fact that the market pricing will always compared to bitcoin that's why these coins are just speculative investment and bitcoin for me is seen as the dominant currency among crypto.

no i did not agree with you, well we do not have the same information yes but in my opinion why bitcoin is more famous than other is because what you were talking is altcoin while bitcoin is one of the foundation of crypto currencies.

Probably because Bitcoin has pioneered quite a while, so the increase is faster than other coins. Indeed, the development of other coins is also fast but I'm sure Bitcoin will not be replaced and still in trust by the crowd.

Im not thinking like that because bitcoin is not a name or a brand bitcoin is a great source of income that helps many people around the world, if bitcoin is a brand why that bitcoin is very popular and many people are still crazy and many people not are welling to use bitcoin.in fact bitoin is valuable and not just a brand only.

Bitcoin is not just a brand you will see that if you check its price, its rank in all cryptocurrencies. Highest Market Cap, price and volume everyday what more if we reach the 21m supply?. Bitcoin is the foundation of every cryptocurrencies, some crypto are created in the likes of Bitcoin.

Bitcoin is gonna change the world

not just the name, bitcoin is the ORIGINAL one crypto-currency. meaning the majority is relying on bitcoin as the main crypto-currency. even there are more altcoins exist which has a better features than bitcoin, bitcoin more valued among them because of popularity and demand on some other country that slowly adopting crypto.

I think bitcoin has the connection to other crypto currency. I think bitcoin is the foundation of other crypro is because bitcoin is the one who first created crypto currency and so the other cypto currency create. Bitcoin is really not absolute and that  is not because of the name. It is to encourage the investor to invest so bitcoin is not absolute.

I think a huge part of their success is the brand and the fact they were first. No other coin has the security of bitcoin so that is definitely a factor in its success. Its also looked on as a store of value unlike other coins. I do think if and when lightning network gets up and running transaction fees and times will make bitcoin a way better means of day to day transactions

It's not just because the brand value but the potential of growth, development and current volume which is making Bitcoin popular day by day. It is possible that any other coin can take less time to confirm but it is also possible that coin can not sustain for the long term so not only the speed and fee matters but we should also consider sustainability aspect while analyzing coins.

So the question why the diamond is much more valuable and better than gold but they still use Golds as the main thing for trading ? It's not about their advantages , it's about how regular you're using it.

BItcoin is a technological advancement and a tool. It is not just some brand that does business to make money.

Bitcoin is the first coin to be most people who invest after consuming bitcoin has been widespread, no matter your argument that much, People just want to make more money and now he offers it, That's enough reason for your average person to invest on bitcoin.

More than a brand... A brand per se does not grow in value... The bitcoin has seen tremendous value increase and has impacted the way we live either directly or indirectly.... There are many things the crypto world (more than bitcoin) has brought to date.....

I do not know any about programming, though I understand the concept of cryptocurrency. It is true that there are a lot of coins whose much faster transacting than Bitcoin, yet Bitcoin still the number 1. How could we compare that if their community is way much lesser than Bitcoin, right? Only we can compare BCH, Monero, and LTC to BTC is when their price and the circulating supply is close enough to Bitcoin, that is when we can see if they can still be that faster. And I doubt it.

My answer about that is when you asked people about crypto the first thing that comes in their mind is bitcoin because bitcoin is the first digital coin have been created and aside of that it has a strong support of community that is why many investors interested to invest their money in bitcoin so the value is always higher than the other crypto currencies.

Bitcoin was the foundation of crypto, which in current times isn't really valid anymore. We're at a point already where if Bitcoin for whatever reason can't deliver anymore, or for example vanishes entirely, the current top altcoins will take over and steer this market to the next level. Sure, Bitcoin's absence will be felt initially, but this market doesn't depend on just Bitcoin anymore, that's the reality. It just shows how this entire industry has evolved to the next level, and it shows how resistant it is if one aspect of this industry can't deliver anymore. In other words, crypto in its entirety is unstoppable.

I do not think Bitcoin is just a band.This the best source and dependable for the future.It's just virtual currency in the market. It is considered as a gold standard for the exchange of cryptocurrency.And can be transferred to local currencies.

As a cryptocurrency, bitcoin is certainly a well established brand with a good (and bad) history, you can compare it to any giant world corporation, however if you still go on to discuss bitcoin as a parto of the blockchain network, then we will open such aspects as: community, payment systems, ico's, etc. This can no longer be regarded as a separate product, it is not something standing alone, but only part of one large network.

I don't think it's just the name but the things that Bitcoin has accomplished and proved. For how many years Bitcoin has been facing all its no believers and bashers but still proved them wrong. With all the lives it has changed, its value is still increasing every year, it earned and gained the trust of people because they had experience the fruits of their trust and belief in Bitcoin. So even if there are a lot of other coins out there, claiming they are better, faster and all the things more than Bitcoin, it has to be more that words and some hype, we need real life stories, prove your worth first and maybe then one of you may take over the place of the King.

To the new comers attracted by bitcoin price surges over the years, bitcoin might be a brand. It is actually not, Bitcoin is money that is not controlled by any governments.

it so happened that bitcoin is the very first coin that appeared! for this reason it is very popular, as a reign! but I think that sooner or later, there will be a worthy competitor bitcoin! Then the prices will not fly either up or down! will calmly go up! already now appears the first five coins at the head of bitcoins!

Well bitcoin indeed was the very first digital coin ever named and created before all other coins, but bitcoin have struggled for so long and even skyrocketed its price. Compared to other coins, bitcoin is widely accepted anywhere.

Bitcoin is not a brand. But there is a very big brand value. The biggest reason for this is the first. It makes sense to choose the first one in each option. Privacy, speed ...

The reason why bitcoins is rising much faster is that, it is the first cryptocurrency that has been created and altcoins are just created in order to compete with bitcoins since btc now a days is very expensive and altcoins is also profitable even though it was cheaper and we can convert altcoins to btc as well so every coin is profitable.

I would say yes to that. Other coins are far superior in terms of what they can offer. Ethereum and NEO are far more practical, and other coins like WAGERR can do anonymous betting on sports events. Bitcoin however is known worldwide by the general public and that kind of reach cannot be said for any other coin.

Yes, you are absolutely correct. The Bitcoin brand is ingrained in the hearts of Cryptocurrency investors. Referring to Cryptocurrency, people will think of Bitcoin. In fact, Bitcoin has a slower transaction time, higher costs than other altcoins. in the Future, Litecoin, Ripple, ETH, Nano...vv will pass Bitcoin.

BTC (in my opinion) is more decentralized than other coins, almost all altcoins have dev teams that can publish updates for the network if they want (of course one can also work hard, but BTC has more source and dev source), BTC on the side others require that almost all users approve updates (if not some hardfork users)

You say the truth, I agree with you that bitcoin does not get as a team, as for example, take other crypto-currencies. Bitcoin is in free swimming, what if all bitcoins are divided into all in the world of people? approximately 0.002 BTC per person, this would be fair

Actually its not about then, its all about the platform because investors are looking at every plans of the ico's and they are trying to determine if the ico will really succeed in the future and that's how they are getting investors for good delivery of their platform.

This process is complex and resource-intensive and its algorithm is constantly complicated, so that the number of bitcoins produced every day is constant.

Bitcoin is not just a brand. It is a currency which also doubles as an asset which people can invest in and hope to make a lot of profits from it. A lot of people have already made a lot of money from bitcoin.

he second option - to invest in new currencies at the time of their release, when they are as cheap as possible, after which it is profitable to resell them.

Since bitcoin was the first cryptocurrency I don't think it is just a brand. It is the strongest coin in the market

Bitcoin is not a brand. It is a type of cryptocurrency that has a good reputation in digital money. I think why bitcoin is still reigning despite of fluctuations and irregularities that happened on it, it is because of security and decentralization. Moreover, it is the first crypto ever made so people will think that bitcoin had built a good reputation in cryptocurrency world.

I think bitcoin is not just a brand,its a virtual coin.now bitcoin is strong coin in the market.also its trending in the market. Its a asset and it has great future.its popularity are so high then other currency.its also platform of investment.

the technology of all those coins belongs to bitcoin. before they become what they are today, bitcoin is the mecca of all coins. not just a name because the perfect blockchain technology is bitcoin. You can freely compare bitcoin with other coins but bitcoin is superior because bitcoin has excellent decentralization.
every altcoin does have an edge, but they can not be like bitcoin.

The name is not the one who give much importance to one coin but it is all about its founded beginning that survive unto now. One item that have much effort, much features, much special, much quality, much unique is the kind of items that everyone wants and desiring to have even a single. I don't know what the real bitcoin looks likes but I think the volume of gold is also the basis of its brighter price. The more years to pass the more bit coin value rise.

BTC brand awareness is its value in 9 years!

A successful decentralised private currency can only be a BTC quality!

Many people are more interested in investing in BTC than investing in other digital cryptocurrencies!

Its not because of the name. The reason why bitcoin is still at the top 1 crypto based on coinmarketcap is because bitcoin is the father/mother of all crypto currency. ETH,XMR,BCH and LTC are just a copy of bitcoin in upgraded manner.

And because of this. bitcoin becomes the digital storage of wealth. Thats the real reason

yes of course it is definitely the most recognizable coin. I think that people who are not connected with crypto-currencies, vseravno heard about bitcoyn

Bitcoin is not just a brand, it alf a real money to lucrative. Not many investors have shared the story of the possibility of losses and watching thousands of dollars evaporate in a few days.However, keep in mind that bitcoin - the amount of money witnessed a 1.800% increase in value only in 2017, which is known to be volatile.

I think virtual currencies are growing very fast in the market in my country but to know which coins are the strongest, there are indeed a lot of people who will choose Bitcoin. In the market today, this currency is at the forefront and most influential in comparison with other developing currencies.

agreed. I think we still need to wait for one single coin to be better than bitcoin in more than one aspect to expect bitcoin to leave the show and leave room for this new coin. All the existing coins maybe have some advantages over bitcoin but are also inferior in some other aspects.

It is code + a community and it's likely that the latter is more important. Code can be replicated immediately but the value mostly comes from the community around it.

Probably it is really so. Bitcoin was the first bird and the demand on this coin stays high just because of people really believe it is the best coin, but you are totally right, besides the price bitcoin has not advantages, there are many other coins which are faster, smarter and so on. Do you guys think that one day people will realize that bitcoin's time passed and move to another coin? I think it is pretty possible, but while whales concentrated on bitcoin we will not see any big change.

to be honest I read this while laughing, you look silly, bitcoin and other cryptocurrency coin is a digital currency not just a name, money is digital and not just that with digital money in the form of bitcoin you can use to pay for anything you want and that real is not just a name.

Every coin there are advantages and disadvantages. which is very useful in bitcoin is he who is making this innovation. and also arguably bitcoin is the main crypto in this crypto world. so bitcoin will always be a pioneer for altcoin again as a dull benchmark of prices.

No one is using a token or coin for the purpose of promoting a brand, coins name and symbols are the project's itself, if you get my point.

the problem with bitcoin is that its not backed by any form of real asset however as long as there are people who believes in crypto currencies bitcoin will be able to maintain its value

The truth is a brand bitcoin, the cookie bitcoin is the king of all corn

Btc is not a brand its a very respectable and valuable currency because it has shaped the entire crypto world. Its become so popular mainly due to its price fluctuations and it'sconcept of a decentralised currency for laymen and traders to use. It would be very restrictedin terms of accessibility if it were a brand.

Maybe a brand but it is the first digital coin invented and besides it has been proven already to be strong through the test of time. It may kick in one day and fluctuate the next day but still gaining back its balance. I think because it is more tested and proven.

Bitcoin is the unit of currency of the Bitcoin system. The common abbreviation for this is "BTC" to correct the price or amount (eg "100 BTC"). There are things like physical bitcoins, but ultimately, bitcoins with numbers associated with the Bitcoin Address. Bitcoin is physically an object, like a coin, with numbers carefully embedded in it

it maybe is so partly, becouse bitcoin was the first and many many people, when they thing about cryptocurrencies, they know only bitcoin

If the only reason why people were interested in bitcoin was an undeserved fame and lacking in support, there would be real reasons to think that bitcoin is nothing more than an brand without sustenance. However I still see that bitcoin offers real solutions to real problems, regardless of the fact that there are now countless altcoins that seem to offer the same benefits with some improvements.

At the end of the day, in most cases the simpler something is maintained, the better. Bitcoin perfectly fulfills the functions for which it was created with the utmost simplicity, and with the additional advantage of the fame and prestige it has accumulated over the years.

indeed.. Bitcoin still has the highest demand in the markets and become the most valuable asset of investment. all those features of altcoins can not make altcoins be better than bitcoin. it can not be said "just because of the name" when the altcoins can not independently stand on its own. blockchain always develops which always support bitcoin. this is why bitcoin is always the best.

Maybe you're partly right. Few people say "cryptocurrency", now everyone says" bitcoin", meaning all the coins. Often people will learn first about bitcoin, and studying it, already all the other cryptocurrencies.

People only want to make more money and bitcoin currently offers exactly that, and relatively reliably as well, since major players have started to enter the bitcoin market as well. That is enough reason for your average person to invest in bitcoin.

That is right, bitcoin is a digital currency which a lot of people are getting into because aside from being profitable investment it is also the best for being the source of income for the people around there. Bitcoin will never become a brand because it has no products because bitcoin stand for itself and bitcoin is an all around cryptocurrency.

To the unitiated, bitcoin is cryptocurrency. The iPhone, Kodak, Frigidaire, the dollar and the English language all rolled into one. A few years from now, the products listed here can be bought using bitcoins. It is the gold standard in cryptocurrency.

Yes it’s valid argument even I thought about that but one more thing is that people always like original form of any things even it has huge value . Bitcoin is oldest and original form of crypto currency first blockchain technology, peer to peer network and decentralised database . So it’s having value people still valuing crypto currency based on bitcoin value.

Absolutely. I think many people including teenagers already know about Bitcoin.

I don't think its just a brand but I would say it's a great investment source which is old and trustworthy.Though its alternatives are much faster and has more features as compared to bitcoin but you have to keep in mind that when it was invented and how many people have invested in it and for them any drastic change would effect.

Of course, this is both a digital asset and a brand at the same time. Bitcoin has become the first and most famous crypto currency and this fact gives it dominance on the market.

why not? The name bitcoin  is still considred as a brand because a brand means a name but of course bitcoin is still a digital currency or a crypto currency.


as i said earlier , brand actually means a name of the product or an item. thats why the name bitcoin can still be called as a brand. you dont need to produce products just to be called your self as a brand.




being first and dominance doesnt considered him to become a brand because anyone or anything can become a brand in order to have a name.

Bitcoin is the most important crypto money. Everything started with bitcoin. That's why we can call it branding.
Thanks to Bitcoin people earned money. Other crypto currencies were also popular thanks to bitcoin.

Litecoin is faster, monero is somewhat more private, ETH has smart contracts and there are much more altcoin with much more features, even Bitcoin Cash is faster than Bitcoin, but BTC keeps rising much faster.
I remember think it's just due to name?

Presumably it is truly so. Bitcoin was the main winged animal and the request on this coin remains high as a result of individuals truly trust it is the best coin, however you are absolutely right, other than the cost bitcoin has not favorable circumstances, there are numerous different coins which are quicker, more brilliant et cetera. Do you all feel that one day individuals will understand that bitcoin's opportunity passed and move to another coin? I think it is really conceivable, however while whales focused on bitcoin we won't perceive any enormous change.

Yes, bitcoin is a good brand, a valuable asset to date, since it is now very useful for many people and a source of finance for everyone. Bitcoins that we know of are of the highest value today, and are widely available in the world.

Yeah, I think so. In addition, Bitcoin is the first coin of the all ones.

Bitcoin isn't a brand, bitcoin is just digital assets or digital currency but don't had physical form like fiat currency and  aside that it's just a great investment source the price is so fluctuative, it's a virtual coin.but it's becoming more and more popular with no doubt. Other crypto currencies were also popular thanks to bitcoin.

The main reason of growing Bitcoin is its value of brand. Bitcoin itself represents the word crypto currency. when you talk about the crypto currency with some one the first thing which comes in mind is Bitcoin and this is the reason which is the main in the good growth of the btc as compared to other coins.

Which actually makes strong bitcoins in blockchain networks are the world's miners who tend to choose bitcoin instead of other altcoins. Most people think that only the most profitable bitcoin to be mined, is true because besides the price is high and the increase is also directly to the moon.

Bitcoin is just an application of the blockchain technology in the currency area, and it's similar to the bitcoin cash/lite currency. In addition, the blockchain can be used in many other neighborhoods for information transfer/record/encryption, such as identity/power/property/contract/reputation/logistics, etc.

It's just that bitcoin is known to the public.

I am sure that there.in General, I do not see in the cryptocurrency sphere even any hint of any brands at all and do not think that they will appear

Bitcoin has a longer history, so it's more trustful
I don't think that it will matter in long term. After 50 years no one will care that Bitcoin is 6 years older than Ethereum.

Bitcoin is more decentralized
Yes, Bitcoin doesn't have a dev team or some kind of a single leader, who can easily manipulate the price. But again, that's just only matter of time. Also in other hand on, everything leads to the fact that in the future bitcoin may be centralized in the hands of huge mining farms and mining pools.

I will take the smartphone as a parable, for example smartphone with the brand of Apple is the most widely used smartphone by the residents. Later, another smartphone emerged that offers more features than the apple smartphone and the price is half the price of apple smartphones . But this is not so much affect on smara tphone sales because people who put quality is still more than people who only see the features and low prices. As with bitcoin and other cryptocurrencies, it's just a matter of trust not just brands.