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Bitcoin => Bitcoin Discussion => Topic started by: Catenaccio on November 14, 2023, 12:39:04 AM



Title: Bitcoin is King
Post by: Catenaccio on November 14, 2023, 12:39:04 AM
Bitcoin Genesis block is mined on 3rd January 2009 and after that, many Bitcoin blocks found by miners. Many developers created abundant altcoins and they are even uncountable. Coinmarketcap or Coingecko tracked not all of altcoins and many of shitcoins die after a few hours because they are created by scammers and only appear on decentralized exchanges with liquidity pools from scammers to steal money from people who want to get rich without knowledge.

After many years, Bitcoin is King.

https://pbs.twimg.com/media/F-z_ISCW4AAM5Dd?format=jpg&name=900x900 (https://twitter.com/relai_app/status/1724138811184287942)

The graphics is for 2015 and later years but you can use Historical Snapshots from Coinmarketcap to have ranking tables back to 2013.

2013 snapshot: https://coinmarketcap.com/historical/20130428/
2014 snapshot: https://coinmarketcap.com/historical/20140105/

https://i.ibb.co/SfYKHH1/2013.png (https://ibb.co/0s4f11W)
https://i.ibb.co/1QBfk88/2014.png (https://ibb.co/C845fhh)

More impressive if we expand it to global companies. They can come and go, die but Bitcoin is here and its rank will be higher with time.
https://companiesmarketcap.com/assets-by-market-cap/

Bitcoin has very good progress in ranking since 2020.
2020 snapshot: https://web.archive.org/web/20201112021924/https://companiesmarketcap.com/assets-by-market-cap/
2021 snapshot: https://web.archive.org/web/20211108194957/https://companiesmarketcap.com/assets-by-market-cap/
2022 snapshot: https://web.archive.org/web/20221030195210/https://companiesmarketcap.com/assets-by-market-cap/

2020
https://i.ibb.co/b5nx0Ls/2020-1.png (https://ibb.co/v48bFm3)
https://i.ibb.co/yk2n2kb/2020-2.png (https://ibb.co/wQtNtQx)

2021
https://i.ibb.co/RT20n7d/2021.png (https://ibb.co/jkhMKHs)

2022
https://i.ibb.co/nB0M5YN/2022-1.png (https://ibb.co/68Z0fT7)
https://i.ibb.co/mqYPVmw/2022-2.png (https://ibb.co/fpKTzb5)


Title: Re: Bitcoin is King
Post by: krishnaverma on November 14, 2023, 03:19:12 AM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.


Title: Re: Bitcoin is King
Post by: Subbir on November 14, 2023, 04:11:38 AM
Yes, bitcoin is a king, Do you have any doubts?

Everyone already knows Bitcoin leads in cryptocurrency and the world's new economy, and also leads the all cryptocurrency coins or tokens.

You already show more examples of 'Bitcoin is a real king'.

More article source.
https://www.forbes.com/sites/lawrencewintermeyer/2022/09/01/in-bear-crypto-markets-all-roads-lead-to-bitcoin/?sh=4148598b5815


Title: Re: Bitcoin is King
Post by: HelliumZ on November 14, 2023, 04:15:50 AM
Bitcoin is the king of all cryptocurrencies it goes without saying because other coins are dependent on Bitcoin but Bitcoin is not dependent on any coin. Other coins are dependent on a third party but Bitcoin is a currency that has no ownership of its own or ownership that has not yet been disclosed. So it has monopolized the highest position in the market.


Title: Re: Bitcoin is King
Post by: CarnagexD on November 14, 2023, 04:21:47 AM
Bitcoin is the king of all cryptocurrencies it goes without saying because other coins are dependent on Bitcoin but Bitcoin is not dependent on any coin. Other coins are dependent on a third party but Bitcoin is a currency that has no ownership of its own or ownership that has not yet been disclosed. So it has monopolized the highest position in the market.
You cannot really be dependent on any if you were the beginning of this financial freedom movement right? I think that's just how it is with bitcoin, the people knows bitcoin the most and so that's the one that they care to get into more compared to other crypto out there. Also, the idea that bitcoin is also benchmark or basis for a lot of crypto out there is such a good way to explain why bitcoin will always be king and even if you just look at how is bitcoin doing, you can easily learn about the current market situation.


Title: Re: Bitcoin is King
Post by: Strongkored on November 14, 2023, 04:33:44 AM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

Bitcoin was not the first crypto coin to appear, but Bitcoin was the first crypto coin that succeeded in capturing a lot of public attention so many people thought Bitcoin was the first. The first cryptocoin was eCash which was developed by the DigiCash company in 1990
https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/

2) It has a solid foundation. Developers made this coin with long term vision.

It is true that Bitcoin has a strong foundation and that is in its solid community which continues to develop this coin well so that many things arise to bring down this coin to no avail because the market still makes it the main choice in the market, so far it is true that Bitcoin is the king of dozens of existing coins.

3) It is a good option for current investors alao because it proved its worth in last 13 years.
Other coins that appear are only developed for the purpose of enriching their developers, that's why you will see how many trash coins appear and when they first appear they are always said to have potential but the passage of time proves that they are really trash coins. Bitcoin has been around for a long time and those who believe in its future development will get the opportunity to make good profits from investing.


Title: Re: Bitcoin is King
Post by: Ben Barubal on November 14, 2023, 05:43:47 AM
  For me, the reason why Bitcoin became king is because he is always at the top, and when he is said to be like a king, he is always followed by those who are below him in terms of price value.

  Because it has been witnessed by other communities here in the past few halvings, when the value of Bitcoin increases, most potential cryptocurrencies also follow its rise, and if the value of Bitcoin falls, most or all other cryptocurrencies also follow the fall in the price value they have.


Title: Re: Bitcoin is King
Post by: Catenaccio on November 14, 2023, 05:54:55 AM
1) It was the first crypto coin. People associate crypto with Bitcoin.
Bitcoin is not a first cryptocurrency.
Before Bitcoin, you have Digicash, Cybercash, e-gold, Hashcash, B-money, Bitgold.

Bitcoin for everyboy from Saylor Academy: Bitcoin Prehistory (https://learn.saylor.org/mod/page/view.php?id=30734)
https://learn.saylor.org/pluginfile.php/2783663/mod_page/content/2/bitcoin-prehistory.jfif


Title: Re: Bitcoin is King
Post by: ImThour on November 14, 2023, 08:21:05 AM
Bitcoin should not be compared with any other crypto coins that are introduced later after the success of Bitcoin. Bitcoin is one of its kind and unique in that no other asset can even replicate the advantages, the decentralization, and the privacy it provides. It's literally a balance of everything and the most important unique selling point (USP) of Bitcoin is it's Bitcoin Halving System. That's some great way to reduce the supply of Bitcoin in a calculated manner.


Title: Re: Bitcoin is King
Post by: siedemtrzy on November 14, 2023, 08:57:10 AM
Bitcoin should not be compared with any other crypto coins that are introduced later after the success of Bitcoin. Bitcoin is one of its kind and unique in that no other asset can even replicate the advantages, the decentralization, and the privacy it provides. It's literally a balance of everything and the most important unique selling point (USP) of Bitcoin is it's Bitcoin Halving System. That's some great way to reduce the supply of Bitcoin in a calculated manner.


Well, you compared BTC yourself to other coins. It has many advantages, including decentralization and privacy. You easily can compare it to other coins and say that it's better.


Title: Re: Bitcoin is King
Post by: homayon1369 on November 14, 2023, 09:13:36 AM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.


Title: Re: Bitcoin is King
Post by: boyptc on November 14, 2023, 09:37:54 AM
No contest.

If we're going to compare Bitcoin with the altcoins, it is definitely the king and all of the altcoins even Ethereum are just pawns of it.

It's such a nostalgic era looking at that chart when those unpopular altcoins now have been the top ones. I guess that we've just seen a huge shift on this market in terms of altcoins.

But, we have no change at all for Bitcoin as it remains at the top.


Title: Re: Bitcoin is King
Post by: Sim_card on November 14, 2023, 09:39:33 AM
  For me, the reason why Bitcoin became king is because he is always at the top, and when he is said to be like a king, he is always followed by those who are below him in terms of price value.

  Because it has been witnessed by other communities here in the past few halvings, when the value of Bitcoin increases, most potential cryptocurrencies also follow its rise, and if the value of Bitcoin falls, most or all other cryptocurrencies also follow the fall in the price value they have.
Bitcoin is said to be king because it is decentralized in nature.
2. It has limited supply which is 21m
3. It is used for payment without a third party across boarders.
4. Bitcoin stands as an hedge to inflation.
5.Bitcoin is also use as a store of value and an asset.
6. All altcoins depends on bitcoin price movement.
7. The halving event.


Title: Re: Bitcoin is King
Post by: Dripplurd on November 14, 2023, 10:08:47 AM
Bitcoin should not be compared with any other crypto coins that are introduced later after the success of Bitcoin. Bitcoin is one of its kind and unique in that no other asset can even replicate the advantages, the decentralization, and the privacy it provides. It's literally a balance of everything and the most important unique selling point (USP) of Bitcoin is it's Bitcoin Halving System. That's some great way to reduce the supply of Bitcoin in a calculated manner.


No doubt bitcoin is the king, and it will remain the king of all cryptocurreny,ever since the inception of bitcoin in 2009 bitcoin has become the most important cryptocurrency on the market, and bitcoin will remain the most important crytocurrency on earth till da kindom comes.


Title: Re: Bitcoin is King
Post by: JunaidAzizi on November 14, 2023, 10:31:01 AM
Bitcoin is always the king of cryptocurrencies there is no doubt in this. People mostly did not believe on Bitcoin that it will crash or will lost its value in the upcoming days and this rumors start from the beginning but still Bitcoin is dominant in the world and gain its popularity day by day. Those persons who did not know about Bitcoin or even don't know of cryptocurrency saying this. At every bull run reach to it's All time highest digits and giving more profits to the investor. It's true that after some time Bitcoin come down I think last time came to 10k$ but why they did not see it's price at the bull run. At every investment, there are losses you can not earn a lot of profit without any loss and they know this but still, they hating Bitcoin for this. I am especially to beginners do not pay attention to this type of rumor,  those people who have nothing are mostly spreading rumors those who have some money and assets will support Bitcoin and they know the quality of Bitcoin.


Title: Re: Bitcoin is King
Post by: AprilioMP on November 14, 2023, 10:38:50 AM
Bitcoin should not be compared with any other crypto coins that are introduced later after the success of Bitcoin. Bitcoin is one of its kind and unique in that no other asset can even replicate the advantages, the decentralization, and the privacy it provides. It's literally a balance of everything and the most important unique selling point (USP) of Bitcoin is it's Bitcoin Halving System. That's some great way to reduce the supply of Bitcoin in a calculated manner.

Well, you compared BTC yourself to other coins. It has many advantages, including decentralization and privacy. You easily can compare it to other coins and say that it's better.

ImThour has a good point in saying Bitcoin cannot be compared to other crypto coins.

Knowing something is the best among the good because there is more than one object and we can find out which object is the best because after going through certain research such as research on hedging, resilience and other research for comparison.

Bitcoin is king, I agree Bitcoin is the king of all coins. Because other coins follow Bitcoin's movements. Bitcoin is an investment asset that continues to increase in trust.


Title: Re: Bitcoin is King
Post by: Kelward on November 14, 2023, 10:44:54 AM
  For me, the reason why Bitcoin became king is because he is always at the top, and when he is said to be like a king, he is always followed by those who are below him in terms of price value.

  Because it has been witnessed by other communities here in the past few halvings, when the value of Bitcoin increases, most potential cryptocurrencies also follow its rise, and if the value of Bitcoin falls, most or all other cryptocurrencies also follow the fall in the price value they have.
Bitcoin is said to be king because it is decentralized in nature.
2. It has limited supply which is 21m
3. It is used for payment without a third party across boarders.
4. Bitcoin stands as an hedge to inflation.
5.Bitcoin is also use as a store of value and an asset.
6. All altcoins depends on bitcoin price movement.
7. The halving event.

Without making a comprehensive long post about why bitcoin is king of all cryptocurrency, you have simply summarized some of it's outstanding attributes. Bitcoin is the first crypto and it introduced decentralized digital currency into the financial system, it has no boundaries. Unlike fiat, that the printing of it's currency has no limit, bitcoin from creation has already been given a limited supply, very unique. The bitcoin p2p transaction is the first of it's kind, that does not require any centralized influence, except by choice of using exchanges. Many investors in bitcoin, have become richer, because of it's potentials, as a business currency.

Bitcoin is a pacesetter for altcoins, it stands on it's own as "the king" of them all. Altcoins follows it's patterns to have relevance in the crypto market.


Title: Re: Bitcoin is King
Post by: lovesmayfamilis on November 14, 2023, 10:45:44 AM
Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic? :D


Title: Re: Bitcoin is King
Post by: lionheart78 on November 14, 2023, 10:51:26 AM
That's some great way to reduce the supply of Bitcoin in a calculated manner.

Bitcoin has a fixed total supply when all Bitcoin is mined.  The halving does not reduce this supply, it only reduces the incoming influx of coins to the market.  



Bitcoin has established its dominance ever since.  Although there are lots of new altcoins coming to challenge the dominance of Bitcoin, they all fell short due to the fact that Bitcoin had established its ground and people are somehow contented on the features Bitcoin gives especially being the best in network security.  There may be more advanced technology out there but the flaw in that altcoin security makes Bitcoin shine more.

I believe this is the advantage of being the first cryptocurrency to be greatly adopted and recognized by the government, they will have the most volume in the market and thus ca be said that Bitcoin is the king of cryptocurrency.




Title: Re: Bitcoin is King
Post by: Aanuoluwatofunmi on November 14, 2023, 11:01:39 AM
Bitcoin is fast leading so many long time reputable organizations now because of what it has come to offer, it's true that bitcoin contains most answers to every financial economy challenges only if we make its rightful application to where necessary, bitcoin is no longer the king of cryptocurrencies alone, but king of all currencies, it's fourteenth year achievements is far better than other currencies decades achievements because of it huge success, yet we still have a continuous adoption of this decentralized currency because it's serving beyond it intended purpose.


Title: Re: Bitcoin is King
Post by: stadus on November 14, 2023, 11:08:33 AM
Bitcoin is the primary coin, while the others are referred to as altcoins, standing for alternative coins. If Bitcoin will collapse, it could have a significant impact on the entire crypto market and probably the rest of the market will die. Although some individuals claim that their coin will replace Bitcoin in the future, history has shown that this hasn't materialized. It's easier said than done.

While it's acceptable to invest in altcoins, it's essential to ensure that a significant portion of your investment is in Bitcoin.

Trusting the original is a prudent approach.


Title: Re: Bitcoin is King
Post by: Wind_FURY on November 14, 2023, 11:23:24 AM
Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic? :D


Although you may be right, let's also take the opportunity to inform the public that it's also very dangerous to maintain the narrative that, "because Bitcoin has the highest market value = then it must be the king". Because what if a shitcoin surpassed Bitcoin's market value? Does it stop being "the king"? Personally, NO of course not. Bitcoin would still be the most robust, the most reliable censorship-resistant cryptocurrency that's doing the best job. No one could put that into debate/question.

OP, Bitcoin is definitely the KING. But it's not because of its market value.


Title: Re: Bitcoin is King
Post by: Russlenat on November 14, 2023, 11:48:48 AM
Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic? :D

This poster can't even wait to post, as if there was a new signature campaign opening.   :)

rezerve


Title: Re: Bitcoin is King
Post by: BABY SHOES on November 14, 2023, 12:12:39 PM
Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic? :D
Previously there was a thread "Bitcoin is king" Bitcoin is King (https://bitcointalk.org/index.php?topic=5407950.0) by Ratimov
I will not give any opinion about the advantages of bitcoin because other people must have understood it, but this is already clear in the previous thread so there is no need for another thread.

Maybe just lock this thread?


Title: Re: Bitcoin is King
Post by: jeha2015 on November 14, 2023, 12:34:43 PM
Bitcoin is the primary coin, while the others are referred to as altcoins, standing for alternative coins. If Bitcoin will collapse, it could have a significant impact on the entire crypto market and probably the rest of the market will die. Although some individuals claim that their coin will replace Bitcoin in the future, history has shown that this hasn't materialized. It's easier said than done.

Yes, that's right, many altcoins try to make the best possible technology and hope to replace bitcoin in the end in vain, even from the first start until now bitcoin's position has never been replaced in first position in coinmaketcap, many even say that ETH will beat bitcoin, in fact it can't either. . Bitcoin is the king of coins so it is impossible for a pawn to beat the king.

Quote
While it's acceptable to invest in altcoins, it's essential to ensure that a significant portion of your investment is in Bitcoin.

Trusting the original is a prudent approach.

There is no problem investing in altcoins, if you have a good and correct approach. However, our portfolio still has to invest heavily in Bitcoin.


Title: Re: Bitcoin is King
Post by: Smack That Ace on November 14, 2023, 01:23:00 PM
Bitcoin should not be compared with any other crypto coins that are introduced later after the success of Bitcoin. Bitcoin is one of its kind and unique in that no other asset can even replicate the advantages, the decentralization, and the privacy it provides. It's literally a balance of everything and the most important unique selling point (USP) of Bitcoin is it's Bitcoin Halving System. That's some great way to reduce the supply of Bitcoin in a calculated manner.


Well, you compared BTC yourself to other coins. It has many advantages, including decentralization and privacy. You easily can compare it to other coins and say that it's better.
Without comparison, how can we know bitcoin is really the best coin and it deserves to be king? Even if it is the first coin created, but if it does not outperform later coins it will not be considered king. But to know whether it is really good or not, we need to compare to know who is the real king.

For me, as long as altcoin projects are created with the intention of selling tokens for profit, and they are not focused on utility, privacy. There will be no altcoin worthy of comparison with bitcoin.


Title: Re: Bitcoin is King
Post by: HONDACD125 on November 14, 2023, 01:25:42 PM
Bitcoin Genesis block is mined on 3rd January 2009 and after that, many Bitcoin blocks found by miners. Many developers created abundant altcoins and they are even uncountable. Coinmarketcap or Coingecko tracked not all of altcoins and many of shitcoins die after a few hours because they are created by scammers and only appear on decentralized exchanges with liquidity pools from scammers to steal money from people who want to get rich without knowledge.

After many years, Bitcoin is King.


You are absolutely right there is no doubt that Bitcoin is playing the role of king in the entire crypto currency market, because till date no crypto currency has come into existence to match Bitcoin. The first priority for anyone with capital is to invest in Bitcoin. Also, all crypto currencies have some degree of risk, but in Bitcoin, people consider their assets more secure.

People who know about the crypto currency market are well aware that as many crypto currencies as there are, people get upset if their prices fall too much, but the lower the price of Bitcoin, the more people try to buy. Bitcoin has been dominating the crypto currency market since 2009, which means that there is no competition for Bitcoin and there is no chance in the near future.


Title: Re: Bitcoin is King
Post by: Queentoshi on November 14, 2023, 02:41:03 PM

After many years, Bitcoin is King.
You cannot be expecting an objection or an argument when this forum is about bitcoins. Many replies just affirm its kingship and for several reasons, some which are unique. But whenever there is a question about kingships and kings, it equally raises the question about Queenship and the queen and that will make people think the way of an altcoin. It will also raise the question about how long bitcoins kingship will remain because as common with most kings, they either die or power moves to another.


Title: Re: Bitcoin is King
Post by: robelneo on November 14, 2023, 03:42:22 PM
I cannot imagine a time when Bitcoin will not be number one anymore, it's the first Cryptocurrency and has proven its worth over the years, we will be disrespecting the creator of Bitcoin if we take out Bitcoin on top of the list.

All the other creators of altcoin or copies of Bitcoin are still actively shilling their copy, so the coin they created is very much associated with their creator and has influence over it, but not on Bitcoin because Nakamoto left the scene and let the community decide its future and fate.


Title: Re: Bitcoin is King
Post by: bitzizzix on November 14, 2023, 04:41:47 PM
Bitcoin was the first cryptocurrency created and received widespread recognition and is also the most popular among other cryptocurrencies. And it became the first decentralized digital currency, and Bitcoin became its foundation and also influenced the entire cryptocurrency ecosystem.
And other cryptos or altcoins are just alternatives or imitations of Bitcoin and this crypto can drag all other altcoins when they go down, so Bitcoin deserves to be king and become the main coin because it is very influential on other cryptos. And if Bitcoin collapses, it is certain that other cryptocurrencies or altcoins will also collapse.


Title: Re: Bitcoin is King
Post by: Gladitorcomeback on November 14, 2023, 05:23:00 PM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.

Actually bitcoin is more valuable and most famous coins among all crypto coins thats why is consider as a king. The title of king is given to all those materials which are more stronger and have a power that whenever they change then they will alter the value of other things too. Just like Bitcoin when Bull or bear run initiates then as the price of bitcoin changes so in same direction the price of altcoins and other coins also changes.

Bitcoin can also be used for buying and selling of materials like that of fiat currency but other coins does not possess same ability as bitcoin. As the time passes the value of bitcoin become more dominant while other coins remain in same situation or either completely loss their higher value due to Volatility and less demand.


Title: Re: Bitcoin is King
Post by: Odohu on November 14, 2023, 05:44:59 PM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

Bitcoin was not the first crypto coin to appear, but Bitcoin was the first crypto coin that succeeded in capturing a lot of public attention so many people thought Bitcoin was the first. The first cryptocoin was eCash which was developed by the DigiCash company in 1990
https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/
Thanks for sharing this information. Before now, I never knew that there were cryptocurrency before the creation of Bitcoin. Now I know better and one thing that stood out is that fact that Bitcoin is the oldest surviving cryptocurrency as the others died according to the source you gage.
Quote
While not the first cryptocurrency, Bitcoin is the oldest surviving one as it was released via a whitepaper in 2008.

Base on the above, the caption is not out of place, Bitcoin still remain the king. It drives the entire market and also have wider acceptance which is still increasing everyday as seen from the Bitcoin dominance that is above 50% as of today.



Title: Re: Bitcoin is King
Post by: RockBell on November 14, 2023, 06:21:43 PM
Bitcoin is fast leading so many long time reputable organizations now because of what it has come to offer, it's true that bitcoin contains most answers to every financial economy challenges only if we make its rightful application to where necessary, bitcoin is no longer the king of cryptocurrencies alone, but king of all currencies, it's fourteenth year achievements is far better than other currencies decades achievements because of it huge success, yet we still have a continuous adoption of this decentralized currency because it's serving beyond it intended purpose.

Since bitcoin was the first of its kind and is the best among all cryptocurrencies, no one can dethrone it as the king. As a result, I don't believe that any other cryptocurrency will be able to challenge bitcoin because it is currently the market's driving force. If bitcoin rises, other currencies will follow suit. And if you look at bitcoin, you may conclude that Satoshi predicted the future because, even before it was created, many nations saw it as a threat to their economies. Because of bitcoin achievement and potential and that is why it is always advisable to invest your money in bitcoin it can withstand any market trend compare to other cryptocurrencies that might crash during bear market, and since everyone knows the scope already when is bear you buy then when it is bull you decide what to do.


Title: Re: Bitcoin is King
Post by: GbitG on November 14, 2023, 08:55:08 PM
Bitcoin is king because :
3) It is a good option for current investors alao because it proved its worth in last 13 years.
It is beyond doubt that Bitcoin is the best investment option. Because the one who has been the king in the crypto space is Bitcoin, and all of them believe that there is only one dominant coin in the crypto market, and that should be Bitcoin. Be it investment, privacy, or otherwise, they all refer to the same thing, and that is Bitcoin.


4. Bitcoin stands as an hedge to inflation.
It would not be appropriate to call Bitcoin an inflation hedge because, to manage the inflation of a country, you need a consistency of assets that move with the aspect of time in the same zone, min and mix ratio. So if these contexts are kept in mind, then there is no tolerance in Bitcoin to fight against the inflation of any country. Because Bitcoin is a high-volatility asset, it cannot make its price movement consistent, but how will it be able to fight against inflation? Bitcoin alone will not be enough to remove the inflation of a country, but an abslout constant thing that is not high volatility is needed. Because in Bitcoin, no one can guarantee that the price today will be the same tomorrow. Yes, it is a different thing that Bitcoin has the potential to help reduce individual inflation, but at the national level we cannot use it as an inflation hedge. The reasons have been explained above.


Title: Re: Bitcoin is King
Post by: Lambaz on November 14, 2023, 10:18:10 PM
When Vitalik launched Ethereum, I was thinking it would give Bitcoin a chase that would give BTC a great competition but I was wrong.


Title: Re: Bitcoin is King
Post by: GreatArkansas on November 14, 2023, 10:21:36 PM
When Vitalik launched Ethereum, I was thinking it would give Bitcoin a chase that would give BTC a great competition but I was wrong.
Yep, for me, I see no competition here Ethereum is created mainly for smart contracts while Bitcoin is for payment.
So for me, Bitcoin is really the King here or you can say Ethereum is the Queen. It's like a Bitcoin = Gold, Ethereum = Silver.

Soon we will realize all these altcoins is nothing with Bitcoin as for sure in the future a lot of altcoins will pop but Bitcoin will always stay.


Title: Re: Bitcoin is King
Post by: bettercrypto on November 14, 2023, 11:17:12 PM
When Vitalik launched Ethereum, I was thinking it would give Bitcoin a chase that would give BTC a great competition but I was wrong.
Yep, for me, I see no competition here Ethereum is created mainly for smart contracts while Bitcoin is for payment.
So for me, Bitcoin is really the King here or you can say Ethereum is the Queen. It's like a Bitcoin = Gold, Ethereum = Silver.

Soon we will realize all these altcoins is nothing with Bitcoin as for sure in the future a lot of altcoins will pop but Bitcoin will always stay.

Correct, ethereum has never been seen as third in this industry field. He has always followed Bitcoin when the price value increases or decreases.
In addition, many altcoins have become popular under Erc20; to be honest, that means when the price value of ETH rises, for sure the other coins that are also under ERC20 will also raise their price in the market.

I noticed this recently too, though not all of it. But of course, Bitcoin will remain at the top because it is called the father of all cryptocurrencies.


Title: Re: Bitcoin is King
Post by: SamReomo on November 14, 2023, 11:48:03 PM
Bitcoin is the king of the crypto-market without any doubt because it's the first crypto-coin which was developed by someone who isn't personally known by anyone. The genius Satoshi Nakamoto worked a lot and finally created Bitcoin and after creating it he left this forum when things were okay for Bitcoin and handle it into the hands of the developers who further improved Bitcoin.

I know that there are still those skeptical people who promote fake news about Bitcoin and they don't really know a lot about the crypto market and its king Bitcoin, and that's why due to their arrogance they promote such false things. Bitcoin is the best asset anyone can have and surely the ones who know about it fully will hold it for as long as possible and when it grows to huge values then they can sell it and enjoy rest of their life with financial freedom.

We all know that Bitcoin is the king of the crypto world but we really don't know whom to consider it's queen? Let's say after Bitcoin Ethereum has shown potential growth over the past few years and in that sense we may call it the queen of Bitcoin just for fun. But, still the king is, it was, and it will always be the one and only Bitcoin.


Title: Re: Bitcoin is King
Post by: Bitcoin_people on November 15, 2023, 05:01:22 AM
As we know cryptocurrency mainly depends on Bitcoin, all other coins do not depend on Bitcoin. That is why Bitcoin is called the king of the crypto world, and when the value of Bitcoin increases, the value of all other coins also changes. We know most crypto currencies are proprietary they are managed but Bitcoin is the only currency that has no ownership. And while the supply of bitcoins is limited and will never increase, today all of these coins can be increased by owning and managing them. That's why Bitcoin is the highest ranking currency with the highest position and popularity.


Title: Re: Bitcoin is King
Post by: Assface16678 on November 15, 2023, 05:11:12 AM
Bitcoin will not have the title of "mother of all coins" or any other reason. I know we know why bitcoin is considered "king", "mother of all coins," or whatever title it is. It is literally because bitcoin is the first crypto currency created. Bitcoin was created using a new and advanced technology called block chain technology, so it is right that we consider this coin at the top of all coins. As we know, altcoins and shitcoins are only derived from bitcoin's technology; without bitcoin, there are no other coins.

And it is proven mostly by when other coins are affected by the movement of bitcoin: if bitcoin is bullish, then so are other coins, and vice versa; if bitcoin is bearish, then so are other coins. We can't argue with the fact that bitcoin is the leader of all coins and will eventually rein in currency, as its more advanced nature gives a lot of opportunity.


Title: Re: Bitcoin is King
Post by: Poker Player on November 15, 2023, 05:23:42 AM
Wow! How shocking! People on a Bitcoin forum saying that Bitcoin is king!

I would never have imagined it.  ???

Seriously, I think it's relative. If we look at it as an asset, as something to invest in, then yes, it is king and has been king since its inception.

But on a day-to-day basis, it is cash that is king, even though it has a double side. The other side of the coin is that cash is trash because it is constantly being devalued. But the most liquid and universally accepted asset for transactions is cash, in that it is unparalleled, and that is why it also has a king side.


Title: Re: Bitcoin is King
Post by: knowngunman on November 15, 2023, 05:35:04 AM
Bitcoin was not the first crypto coin to appear, but Bitcoin was the first crypto coin that succeeded in capturing a lot of public attention so many people thought Bitcoin was the first. The first cryptocoin was eCash which was developed by the DigiCash company in 1990
https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/

Thank you for sharing this. I believe majority of us especially the upcoming ones have no idea about this. Reading through the link shared, I discovered that eCash was actually the first cryptocurrency to be developed but it never achieved the level of success that Bitcoin has because eCash was not decentralized and this made it less appealing to those who were interested in the decentralization and transparency that Bitcoin offered.

Bitcoin is the king of all cryptocurrencies it goes without saying because other coins are dependent on Bitcoin but Bitcoin is not dependent on any coin. Other coins are dependent on a third party but Bitcoin is a currency that has no ownership of its own or ownership that has not yet been disclosed. So it has monopolized the highest position in the market.

Bitcoin has the longest track record of any cryptocurrency and it's the most widely known and used, this alone makes it to be the king of all cryptocurrencies. The fact that Bitcoin is the most decentralized cryptocurrency meaning that it's not controlled by any one person or group because other cryptocurrencies are often developed by companies or individuals but Bitcoin is truly decentralized and this is why majority adopt it.


Title: Re: Bitcoin is King
Post by: Lorence.xD on November 15, 2023, 05:46:53 AM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.

I don't think Bitcoin was the first coin in the market back then, there's already a lot of existing coins but it would eventually die. When Bitcoin existed, its worth of course started from nothing as we can remember the story of buying a pizza with a huge amount of BTC. Eventually, after a long period of time, Bitcoin has proven its worth by not only surviving for years but also by gradually increasing its value, that's why it gained a lot of attention from investors so it's widely known and used cryptocurrency. Bitcoin is the king that causes the existence of other coins as well and they took inspiration from the creation of Bitcoin. As Bitcoin increases its value or decreases, it affects most of the movement of the coins in the market.


Title: Re: Bitcoin is King
Post by: karabiber on November 15, 2023, 07:28:04 AM
Bitcoin is often compared to gold, but there are efforts to develop a lightning network system for Bitcoin where transfers are very fast and fees are very low, but it is debatable how reliable and secure it is. If I make a positive distinction, Bitcoin is unrivaled in the unofficial transportation of commodities. For example, the Venezuelan government confiscated gold from citizens trying to flee Venezuela. However, with Bitcoin, people could easily and safely take their savings out of the country.

In terms of reserves, gold requires high costs and security measures to store and safeguard it, but because it is a physical asset, you can lose your savings in a natural disaster or war. This can also be the case with bitcoin, but bitcoin can be very securely stored in cold wallets. Another and most important feature of bitcoin is that it can be transferred and stored anonymously. In repressive and dictatorial countries, people can safely carry and store their savings in the form of Bitcoin in case their savings are confiscated. Bitcoin can be an alternative solution in countries where public order is weak. Bitcoin is not the digital gold of our time and has many options that differentiate it from gold.


Title: Re: Bitcoin is King
Post by: Digital_Lord on November 15, 2023, 07:41:40 AM

In terms of reserves, gold requires high costs and security measures to store and safeguard it, but because it is a physical asset, you can lose your savings in a natural disaster or war. This can also be the case with bitcoin, but bitcoin can be very securely stored in cold wallets. Another and most important feature of bitcoin is that it can be transferred and stored anonymously. In repressive and dictatorial countries, people can safely carry and store their savings in the form of Bitcoin in case their savings are confiscated. Bitcoin can be an alternative solution in countries where public order is weak. Bitcoin is not the digital gold of our time and has many options that differentiate it from gold.

Also Gold has more uses as we think in the physical life, I have concluded in that bitcoin is more better than Gold because Gold has less uses in the internet banking etc., While the bitcoin has more uses in the online system.
While we think about the Gold in physical life, it has many uses especially gold mining is increasing day by day and people are using it all over the world very fast. So, comparing these two getting two different levels, each one has its own level in which it is performing. Although If you ask me about who is better I would select the Bitcoin as I love it the most.


Title: Re: Bitcoin is King
Post by: laurenB7742 on November 15, 2023, 08:07:55 AM

In terms of reserves, gold requires high costs and security measures to store and safeguard it, but because it is a physical asset, you can lose your savings in a natural disaster or war. This can also be the case with bitcoin, but bitcoin can be very securely stored in cold wallets. Another and most important feature of bitcoin is that it can be transferred and stored anonymously. In repressive and dictatorial countries, people can safely carry and store their savings in the form of Bitcoin in case their savings are confiscated. Bitcoin can be an alternative solution in countries where public order is weak. Bitcoin is not the digital gold of our time and has many options that differentiate it from gold.

Also Gold has more uses as we think in the physical life, I have concluded in that bitcoin is more better than Gold because Gold has less uses in the internet banking etc., While the bitcoin has more uses in the online system.
While we think about the Gold in physical life, it has many uses especially gold mining is increasing day by day and people are using it all over the world very fast. So, comparing these two getting two different levels, each one has its own level in which it is performing. Although If you ask me about who is better I would select the Bitcoin as I love it the most.
Frankly, both are valuable and worthwhile assets. But gold has become more stable and no longer brings great profits, gold is only suitable as a safe haven and is no longer a potential investment. Meanwhile, what most people want here is high profits, so it is understandable that people will choose bitcoin. If we choose gold, we will not have a chance to become rich, but with bitcoin, we have a chance to realize our dreams. That's why everyone here will choose bitcoin and that includes me.


Title: Re: Bitcoin is King
Post by: FinePoine0 on November 15, 2023, 08:30:36 AM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.

Bitcoin is the king of all coins because all coins depend on Bitcoin. Bitcoin is well known as one of the most demanded coins in the market today. And the best aspect is that the transaction is completed without any third party due to which it is in high demand nowadays. Currently more popular than fiat money. Because fiat money can only be traded in that country, but Bitcoin is a coin that is in circulation all over the world (people in all countries where it is legal are using it directly). It is widely used in almost all countries of the world, both secretly and openly, so keeping money in Bitcoin is much better than keeping money in banks.


Title: Re: Bitcoin is King
Post by: Blitzboy on November 15, 2023, 01:48:00 PM
Bitcoin will not have the title of "mother of all coins" or any other reason. I know we know why bitcoin is considered "king", "mother of all coins," or whatever title it is. It is literally because bitcoin is the first crypto currency created. Bitcoin was created using a new and advanced technology called block chain technology, so it is right that we consider this coin at the top of all coins. As we know, altcoins and shitcoins are only derived from bitcoin's technology; without bitcoin, there are no other coins.

And it is proven mostly by when other coins are affected by the movement of bitcoin: if bitcoin is bullish, then so are other coins, and vice versa; if bitcoin is bearish, then so are other coins. We can't argue with the fact that bitcoin is the leader of all coins and will eventually rein in currency, as its more advanced nature gives a lot of opportunity.
The "king" or "mother of all coins," is more than just the first cryptocurrency. The status symbol represents blockchain's pioneering attitude. Bitcoin often leads the crypto market, and when it falls, they follow. Bitcoin may not always be the best. Crypto is dynamic, and Bitcoin has first-mover advantage, but innovation is continual. Altcoins are evolutionary, each aiming to overcome its predecessors' flaws. Bitcoin's resilience and historical significance give it a unique position. More than a cryptocurrency, it represents decentralization. Bitcoin will continue to reign as long as the crypto community appreciates that idea and its revolution in cash and finance.


Title: Re: Bitcoin is King
Post by: Xampeuu on November 15, 2023, 02:12:32 PM
Bitcoin will not have the title of "mother of all coins" or any other reason. I know we know why bitcoin is considered "king", "mother of all coins," or whatever title it is. It is literally because bitcoin is the first crypto currency created. Bitcoin was created using a new and advanced technology called block chain technology, so it is right that we consider this coin at the top of all coins. As we know, altcoins and shitcoins are only derived from bitcoin's technology; without bitcoin, there are no other coins.

And it is proven mostly by when other coins are affected by the movement of bitcoin: if bitcoin is bullish, then so are other coins, and vice versa; if bitcoin is bearish, then so are other coins. We can't argue with the fact that bitcoin is the leader of all coins and will eventually rein in currency, as its more advanced nature gives a lot of opportunity.
The "king" or "mother of all coins," is more than just the first cryptocurrency. The status symbol represents blockchain's pioneering attitude. Bitcoin often leads the crypto market, and when it falls, they follow. Bitcoin may not always be the best. Crypto is dynamic, and Bitcoin has first-mover advantage, but innovation is continual. Altcoins are evolutionary, each aiming to overcome its predecessors' flaws. Bitcoin's resilience and historical significance give it a unique position. More than a cryptocurrency, it represents decentralization. Bitcoin will continue to reign as long as the crypto community appreciates that idea and its revolution in cash and finance.
We know that most of the funds are in Bitcoin, and as if the altcoins below it are having difficulty catching up, so the movement of Bitcoin really influences the global movement in cryptocurrency, so more and more people will choose Bitcoin as the safest investment in cryptocurrency, because it is the mother of the crypto world. we can see that currently the price of bitcoin is moving up, so positive sentiment is also occurring in many altcoins, they are also following bitcoin's upward movement


Title: Re: Bitcoin is King
Post by: AnonBitCoiner on November 15, 2023, 05:37:18 PM
Thanks for sharing this information. Before now, I never knew that there were cryptocurrency before the creation of Bitcoin. Now I know better and one thing that stood out is that fact that Bitcoin is the oldest surviving cryptocurrency as the others died according to the source you gage.

As we see at the past then we will realize that the value of crypto is increasing over time and the reason behind it is the success and achievement of bitcoin. There are lots of other coins originated and are originating but as powerful bitcoin is no other coin ever proves and I think it will never be possible that other coins get much curiosity than bitcoin.



Base on the above, the caption is not out of place, Bitcoin still remain the king. It drives the entire market and also have wider acceptance which is still increasing everyday as seen from the Bitcoin dominance that is above 50% as of today.

Bitcoin acceptance is ever increasing mechanism and due to this acceptance the price of bitcoin is increasing as year passes. Next year will be halving so hopefully more people will become acceptor of this coin. As successful bitcoin is going therefore it get the name of king among all other crypto coins. Bitcoin is so dominant that it can never be hide with the success of other coins.




Title: Re: Bitcoin is King
Post by: ChiBitCTy on November 15, 2023, 06:45:36 PM
I agree that bitcoin is "king" in some fashion.  I think it's important to realize though that not all cryptocurrency coins are created equal.  For example Ethereum really isn't a competitor to bitcoin.  They are two different coins with two entirely different reasons for being created.  The same goes for a lot of other coins that focus on things such a NFTs/smart contract building. 


Title: Re: Bitcoin is King
Post by: KFC786 on November 16, 2023, 01:56:07 AM
Bitcoin Is a king and will always remain backbone of crypto industry because of its use case. In near future it might be the biggest asset in the world like 2100 century. Be prepared for this.


Title: Re: Bitcoin is King
Post by: EFS on November 16, 2023, 03:20:12 AM
Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.


Title: Re: Bitcoin is King
Post by: rachael9385 on November 16, 2023, 10:26:59 AM
Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.
I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.


Title: Re: Bitcoin is King
Post by: Dunamisx on November 16, 2023, 11:01:05 AM
Bitcoin Is a king and will always remain backbone of crypto industry because of its use case. In near future it might be the biggest asset in the world like 2100 century. Be prepared for this.

Bitcoin is going higher everyday and things continue to get better as the adoption continue to increase, there have never been anytime bitcoin had a better experience in the past, instead each day becomes a better one and we continue to enjoy and increase in the use of this decentralized digital network, some are already saying that bitcoin will soon worth a million dollars, but we are looking forward to getting there gradually, all we expect and hope for is to see the next halving to take the market bullrun to over hundred thousand dollars beating the all time high of $68,000.


Title: Re: Bitcoin is King
Post by: jeraldskie11 on November 16, 2023, 11:24:16 AM
Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.
I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.
Bitcoin never compete with other coins because it's already the number 1, and even Ethereum has no chance to surpass Bitcoin. As you can see the difference of their marketcap, Bitcoin is 3x higher of Ethereum's marketcap. That's why I agree that Bitcoin is in the level of Silver and Gold. But if you look more closely, the marketcap of silver are so stable with $1T which is very likely to surpass by Bitcoin and I think it will happen in the near future. Imagine, Bitcoin's marketcap in 2022 is just $300B and in just a year it doubles, with the current marketcap of $700B. How much more if the next halving phase is done. By the way, this is only the first time I heard they compared Bitcoin with Silver.
 


Title: Re: Bitcoin is King
Post by: atamism on November 16, 2023, 12:59:05 PM
Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.
I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.
Bitcoin never compete with other coins because it's already the number 1, and even Ethereum has no chance to surpass Bitcoin. As you can see the difference of their marketcap, Bitcoin is 3x higher of Ethereum's marketcap. That's why I agree that Bitcoin is in the level of Silver and Gold. But if you look more closely, the marketcap of silver are so stable with $1T which is very likely to surpass by Bitcoin and I think it will happen in the near future. Imagine, Bitcoin's marketcap in 2022 is just $300B and in just a year it doubles, with the current marketcap of $700B. How much more if the next halving phase is done. By the way, this is only the first time I heard they compared Bitcoin with Silver.
 
Yes, Bitcoin never compete with the other coins. No one can surpass Bitcoin. Bitcoin is the origin of all coins and how can a new coin surpass the origin? Not even Etherium or any coin below Etherium can surpass Bitcoin. I''ve known Bitcoin for how many years and no coins even close to Bitcoin. So better not compare or compete Bitcoin to other coins, cause it is no match to Bitcoin.


Title: Re: Bitcoin is King
Post by: Suzume on November 17, 2023, 03:33:43 AM
Yes Bitcoin is King. Bitcoin call mother coin. And we all know the value of mother. It's always our first priority. the small investor and big investor who want to invest their first choice is bitcoin. Because the currency gives you surety gain profit. The other currency don't do that investment in other currency for profit depend on your luck. The name of Bitcoin is not in famous in one day. Day by day because of its work. And give good profit of the investor makes the name huge. That's why Bitcoin is king of all coins.


Title: Re: Bitcoin is King
Post by: legendbtc on November 17, 2023, 04:52:48 AM
Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.
I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.
Bitcoin never compete with other coins because it's already the number 1, and even Ethereum has no chance to surpass Bitcoin. As you can see the difference of their marketcap, Bitcoin is 3x higher of Ethereum's marketcap. That's why I agree that Bitcoin is in the level of Silver and Gold. But if you look more closely, the marketcap of silver are so stable with $1T which is very likely to surpass by Bitcoin and I think it will happen in the near future. Imagine, Bitcoin's marketcap in 2022 is just $300B and in just a year it doubles, with the current marketcap of $700B. How much more if the next halving phase is done. By the way, this is only the first time I heard they compared Bitcoin with Silver.
 

Bitcoin is the first coin and the pioneer that created the cryptocurrency industry, the entire cryptocurrency market depends on the movement of bitcoin. So there is no reason for bitcoin to compete with any coin, only newly created coins that want attention are constantly being compared to bitcoin.

In terms of market capitalization, surpassing silver is not the goal for bitcoin, which is more comparable to gold than silver. So our goal is to surpass the capitalization of gold, not silver. It will be quite a long road because bitcoin is very small compared to gold, but nothing is impossible with bitcoin.


Title: Re: Bitcoin is King
Post by: Boomber on November 17, 2023, 06:56:12 AM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.

I agree with you, therefore nothing will be able to replace Bitcoin, because without Bitcoin there would be no altcoin or cryptocurrency, so Bitcoin will remain the king and be the right choice to be used as a long-term investment, that's why I always do DCA Bitcoin every time the price goes down, because I believe the price of Bitcoin will make a new ATH price again, so I will definitely get a lot of profit from investing in Bitcoin at this time.


Title: Re: Bitcoin is King
Post by: SaepulMT on November 17, 2023, 08:06:42 AM
Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies.
As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.


Title: Re: Bitcoin is King
Post by: Out of mind on November 17, 2023, 08:20:02 AM
We know without a doubt that Bitcoin is king because without Bitcoin all cryptocurrencies would not exist. Bitcoin is the virtual currency that can eliminate the financial problems of an investor and make him financially prosperous. Moreover, people can earn good amount of money by investing in Bitcoin and its popularity has increased tremendously all over the world. Many countries have legalized Bitcoin as legal tender and introduced Bitcoin trading, which is really interesting. Countries that have opened up this Bitcoin have prospered financially because Bitcoin is a store of value. The price of this Bitcoin is always increasing, and its popularity is constantly increasing, and people have been able to earn a lot of money by investing in it. Not only for earning bitcoins, people also use bitcoins for foreign transactions and factory transactions. By using Bitcoin people get their maximum security for which this virtual currency is most popular and called the king of crypto world.


Title: Re: Bitcoin is King
Post by: LeoKenton92 on November 17, 2023, 09:53:36 AM
but it is also very risky due to its volatility. You could also lose money....


Title: Re: Bitcoin is King
Post by: Blitzboy on November 17, 2023, 11:01:35 AM
We know without a doubt that Bitcoin is king because without Bitcoin all cryptocurrencies would not exist. Bitcoin is the virtual currency that can eliminate the financial problems of an investor and make him financially prosperous. Moreover, people can earn good amount of money by investing in Bitcoin and its popularity has increased tremendously all over the world. Many countries have legalized Bitcoin as legal tender and introduced Bitcoin trading, which is really interesting. Countries that have opened up this Bitcoin have prospered financially because Bitcoin is a store of value. The price of this Bitcoin is always increasing, and its popularity is constantly increasing, and people have been able to earn a lot of money by investing in it. Not only for earning bitcoins, people also use bitcoins for foreign transactions and factory transactions. By using Bitcoin people get their maximum security for which this virtual currency is most popular and called the king of crypto world.
Yes, Bitcoin is without a doubt the king of cryptocurrencies! As if it were the building stone of the whole world of cryptocurrencies, things would be very different without it. It is interesting how it can change people's cash situations. Yes, economies in countries that accept Bitcoin have grown, which shows that it is having a big effect on the world economy. But dont forget about how unstable the price of Bitcoin is; its like a roller coaster ride: fun, but with risks. Its not just a passport to riches; smart investment is also important. And yes, the fact that it can be used in foreign and business deals shows that it can be used for more than just investing. The safety part? Absolutely superb. Bitcoin has created a complicated web of rules in the money world that is always changing. It is the clear leader in the crypto world because it is strong and can be used in many ways.


Title: Re: Bitcoin is King
Post by: Ayers on November 17, 2023, 12:01:06 PM
We know without a doubt that Bitcoin is king because without Bitcoin all cryptocurrencies would not exist. Bitcoin is the virtual currency that can eliminate the financial problems of an investor and make him financially prosperous. Moreover, people can earn good amount of money by investing in Bitcoin and its popularity has increased tremendously all over the world. Many countries have legalized Bitcoin as legal tender and introduced Bitcoin trading, which is really interesting. Countries that have opened up this Bitcoin have prospered financially because Bitcoin is a store of value. The price of this Bitcoin is always increasing, and its popularity is constantly increasing, and people have been able to earn a lot of money by investing in it. Not only for earning bitcoins, people also use bitcoins for foreign transactions and factory transactions. By using Bitcoin people get their maximum security for which this virtual currency is most popular and called the king of crypto world.

Which countries have accepted bitcoin as legal tender besides El Salvador? Furthermore, do you see El Salvador's economic situation becoming prosperous?

Investing and making money in bitcoin is not easy, not everyone can make a profit just by investing in it. Whether you can make a profit depends on you, not bitcoin. I know that bitcoin has huge potential, but what you guys are saying is excessive hype about bitcoin. We don't need to exaggerate anything about bitcoin, let's tell people the truth about it.


Title: Re: Bitcoin is King
Post by: glendall on November 17, 2023, 12:20:51 PM
as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced


Title: Re: Bitcoin is King
Post by: Ale88 on November 17, 2023, 12:26:09 PM
Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.
You forgot the main point: it's completely decentralized, so no one owns it. The fact that Satoshi decided to disappear was a game changer because he decided to leave his project to the community. There is no other crypto like bitcoin because of this. There are some other good cryptos out there but bitcoin is and will be unique.


Title: Re: Bitcoin is King
Post by: Ricardo11 on November 17, 2023, 12:46:41 PM
Bitcoin is the most popular currency in the entire world. Bitcoin is the only decentralized one, and it offers maximum complete privacy. There is no doubt that Bitcoin is the criptocurrency king. There are people who don't know about Bitcoin, only they talk bad about Bitcoin and spread rumors about Bitcoin. The price of Bitcoin reaches an all-time high in every Bitcoin bull run. And every investor gets huge returns on it. Newbies should never listen to Bitcoin's bad words. Because Bitcoin is the king of cryptocurrencies.


Title: Re: Bitcoin is King
Post by: traderethereum on November 17, 2023, 01:24:34 PM
I agree with you, therefore nothing will be able to replace Bitcoin, because without Bitcoin there would be no altcoin or cryptocurrency, so Bitcoin will remain the king and be the right choice to be used as a long-term investment, that's why I always do DCA Bitcoin every time the price goes down, because I believe the price of Bitcoin will make a new ATH price again, so I will definitely get a lot of profit from investing in Bitcoin at this time.
Hopefully, bitcoin can last for the long term so that we can get bigger profits from bitcoin investments. That is why, until now, there are still many people who prefer bitcoin as their main investment in crypto.
They do invest in altcoins but they are alternative investments.
For now, people are trying to accumulate bitcoins by buying them regularly.
And before the bull run comes, they still have a chance to collect bitcoins. DCA has become the best method for those who have a limited amount of money to buy Bitcoin at once.
That is why using the DCA method in collecting bitcoins is the best way for them to accumulate bitcoins.


Title: Re: Bitcoin is King
Post by: D ltr on November 17, 2023, 01:59:06 PM
but it is also very risky due to its volatility. You could also lose money....
There are risks in every investment, it's just how we can respond to them, and find the best solution for all the risks we face.  ,
as long as you are not greedy for making a profit . just that


Title: Re: Bitcoin is King
Post by: MinoRaiola on November 17, 2023, 03:05:19 PM
After many years, Bitcoin is King.

https://pbs.twimg.com/media/F-z_ISCW4AAM5Dd?format=jpg&name=900x900 (https://twitter.com/relai_app/status/1724138811184287942)
1st place should always remain the true number 1. I think if it happens that Bitcoin are on place 2, BTC maxis will sold their altcoins to shoot Bitcoin back to number 1. If the acceptance of other countries continues, then they will go for the most important and valuable coins first, which means Bitcoin will always be there. So feel free to continue the list for many more years and always put Bitcoin at number 1  ;)


Title: Re: Bitcoin is King
Post by: Razmirraz on November 17, 2023, 03:37:24 PM
Bitcoin has a clear track record of showing the ability to withstand market crashes, Bitcoin has better investment fundamentals than most other altcoins.
There is no hesitation in calling Bitcoin the King of Cryptocurrencies because:

1. Only 21 million Bitcoins exist, so interest is always high compared to other coins.
2. Bitcoin was the first Cryptocurrency created and received widespread recognition.
3. Bitcoin consistently maintains the largest market capitalization and trading volume compared to other Cryptocurrencies.
4. Bitcoin has gained significant recognition and has become synonymous with Cryptocurrencies in general.
5. Bitcoin has been adopted in various parts of the world and is starting to be accepted by businesses, traders and individuals.
6. Bitcoin has become the most purchased, stored and traded cryptocurrency on the market.

It would not be wrong to call it king because its status is very clear, Bitcoin is the only fully decentralized and most popular cryptocurrency to date.


Title: Re: Bitcoin is King
Post by: fuguebtc on November 17, 2023, 03:48:09 PM
After many years, Bitcoin is King.

https://pbs.twimg.com/media/F-z_ISCW4AAM5Dd?format=jpg&name=900x900 (https://twitter.com/relai_app/status/1724138811184287942)
1st place should always remain the true number 1. I think if it happens that Bitcoin are on place 2, BTC maxis will sold their altcoins to shoot Bitcoin back to number 1. If the acceptance of other countries continues, then they will go for the most important and valuable coins first, which means Bitcoin will always be there. So feel free to continue the list for many more years and always put Bitcoin at number 1  ;)

But if that happens then we need to consider what the cause is. Because if there really is a coin that surpasses bitcoin it is because it is better than bitcoin then even if BTC maxis sells all the altcoins to push bitcoin back to 1st place they can't do it forever. But this situation is almost impossible because 15 years have passed and there is still no coins that can put pressure on bitcoin, let alone dethrone it. The future is unpredictable, but in the near future it will be very difficult for anyone to replace bitcoin's number 1 position.


Title: Re: Bitcoin is King
Post by: itorai on November 17, 2023, 03:58:24 PM
It is true that BITCOIN is king in the crypto world because it is the first and most famous among other cryptocurrencies. And BITCOIN has a huge market capitalization and has a significant impact in the crypto world.
Therefore, the nickname BITCOIN IS KING is indeed perfect for him.


Title: Re: Bitcoin is King
Post by: Winterfrost on November 17, 2023, 04:16:34 PM
but it is also very risky due to its volatility. You could also lose money....
There are risks in every investment, it's just how we can respond to them, and find the best solution for all the risks we face.  ,
as long as you are not greedy for making a profit . just that
Yes there are risked to all investment but Bitcoin has less risk than other investment. This is because other investment are tied either to the government or a private organization which make them controllable. While bitcoin is not. However, the risk involved in Bitcoin is that people force themselves to sell or panic sell because some are not certain what the price will be in the coming days. Holding a Bitcoin is not risky. There is at least a 78% chance that the equivalent price in of Bitcoin to Fiat in 4 to 10 years will be greater than what it is today.

The risk is left to us to choose. But ill rather take the risk of holding than selling.




Title: Re: Bitcoin is King
Post by: DaNNy001 on November 17, 2023, 04:47:01 PM
Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies.
As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
Bitcoin is for someone who is patient because their some investor out there who lacks patient and prefer some other altcoins that can fetch them quick profits in short period of time. I remember telling my friend about how Bitcoin is gonna shoot up very soon that I actually held some coins from last year when the price was still as low as 18k$ and that I have accumulated now that the price is looking friendly but he just laughed and said he doesn't have such patient and prefer altcoins and that he has made about 1k$ from big and short time investment in some altcoins that do tend to pump very fast.


Title: Re: Bitcoin is King
Post by: CageMabok on November 17, 2023, 07:19:06 PM
Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies.
As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
This has long been true among many people who believe in Bitcoin and I have also proven it in the past where I was able to experience the benefits and witness the influence of Bitcoin which can make altcoins move in the market when Bitcoin gets a very good increase. So Bitcoin is fitting for Bitcoin to be a very useful future investment in addition to several different things such as business and real estate in everyone's life.


Title: Re: Bitcoin is King
Post by: Mate2237 on November 17, 2023, 10:45:55 PM
There is no dispute on that, bitcoin is the father of all the cryptocurrencies in the world. When bitcoin came to the world, no cryptocurrency has not been launched and bitcoin came as number one among all and for that the younger generational coins have to respect their father or grandfather. And from there bitcoin became the king in the family of cryptocurrency ecosystem. And another thing makes bitcoin to be the king of all is the store of value. Other cryptocurrency value is depending on bitcoin. Any direction bitcoin follow is the same way all will go.

Some people are saying that it is because bitcoin came first and that is why he is the king of all well to some extend it is yes but that is not the case may be but there other elements that take it to that position.


Title: Re: Bitcoin is King
Post by: n00ber on November 17, 2023, 11:33:49 PM
but it is also very risky due to its volatility. You could also lose money....
There are risks in every investment, it's just how we can respond to them, and find the best solution for all the risks we face.  ,
as long as you are not greedy for making a profit . just that
Yes there are risked to all investment but Bitcoin has less risk than other investment. This is because other investment are tied either to the government or a private organization which make them controllable. While bitcoin is not. However, the risk involved in Bitcoin is that people force themselves to sell or panic sell because some are not certain what the price will be in the coming days. Holding a Bitcoin is not risky. There is at least a 78% chance that the equivalent price in of Bitcoin to Fiat in 4 to 10 years will be greater than what it is today.

The risk is left to us to choose. But ill rather take the risk of holding than selling.




Are you saying bitcoin is less risky than gold and real estate? Are 14-year-old assets with a capitalization of less than $1 trillion safer than thousand-year-old assets with a capitalization of tens of trillions of dollars? And is there anything government-related that would be unsafe? According to you, once the ETF is approved and government agencies and organizations will gradually invest in bitcoin. At that time, they hold the majority of bitcoin in their hands, will bitcoin also become unsafe? Is that what you mean because it is inevitable that bitcoin will become popular and many institutions will seek to hold the majority of Bitcoin?


Title: Re: Bitcoin is King
Post by: Fiasem20 on January 28, 2024, 10:43:49 PM
Bitcoin was the first cyptrocurrency and was invented by a person or group of people that bears the name Satoshi Nakamoto and this person or group of people isn't known till date.After bitcoin was invented,other cyptrocurrency came into existence called Altcoins for example dogecoin, Litecoin, Ethereum etc altcoins are also called shitcoins.Bitcoin remain the dominant and most popular cyptrocurrency worldwide.Bitcoin has gain popularity globally,due to its advantage over traditional currency most countries in the world has accepted Bitcoin as a legal tender and the first country to accept bitcoin as a legal means of exchange was El Salvador.People are craving to own this virtual currency called Bitcoin in their wallet.Bitcoin is the king of all cryptos because in terms of long term investment bitcoin is more reliable and transparent.


Title: Re: Bitcoin is King
Post by: Mate2237 on January 28, 2024, 10:50:42 PM
Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies.
As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
The is no argument on that which says, bitcoin is the president of all the cryptocurrencies in the ecosystem. And what make bitcoin to be the king is that all other coin are moving under bitcoin and whatever direction bitcoin goes other cryptocurrencies follow. And the best time to buy bitcoin is the time when the price is low and not when the price is high. Please whenever you planning to do with the investment of bitcoin thick and calculate well.


Title: Re: Bitcoin is King
Post by: Nothingtodo on January 29, 2024, 04:38:07 AM
as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced
The global investment in Bitcoin is not equal to all cryptocurrencies combined. Bitcoin is not only the number one currency but also one of the most trusted virtual currencies in the world. There are millions of investors in the world who have invested in Bitcoin and they also believe that there is no other competitive currency in the world to replace Bitcoin. I have adopted an investment plan accepting Bitcoin as the king currency.


Title: Re: Bitcoin is King
Post by: YUriy1991 on January 29, 2024, 04:56:35 AM
3) It is a good option for current investors alao because it proved its worth in last 13 years.

and also Bitcoin as a global network and many large Investors' goal is to accumulate the largest possible amount because they expect it to be very valuable in the future. Yes. Bitcoin knows that involvement with it can be very profitable.


Title: Re: Bitcoin is King
Post by: pinggoki on January 29, 2024, 05:19:35 AM
It is true that BITCOIN is king in the crypto world because it is the first and most famous among other cryptocurrencies. And BITCOIN has a huge market capitalization and has a significant impact in the crypto world.
Therefore, the nickname BITCOIN IS KING is indeed perfect for him.
Don't really like the name moniker like that but I do agree and I don't think that it's ever going to be dethroned in it's position as the biggest cryptocurrency in the market in my lifetime at least, I am sure that by that time that it happens, there's probably a reset in civilization after a global catastrophe, there's a possibility that bitcoin's going to go down with it but that's just a far flung imagination that's unlikely to happen. If anyone agrees that bitcoin's the king then it's all the more reason why you need to believe in bitcoin because it's the best of them all and a lot of crypto have tried to say that they're the bitcoin killer and look at where they're now? They're either a rug pull or can't even get back to their ATH or even create a new one.


Title: Re: Bitcoin is King
Post by: DanWalker on January 29, 2024, 06:30:08 AM
It is true that BITCOIN is king in the crypto world because it is the first and most famous among other cryptocurrencies. And BITCOIN has a huge market capitalization and has a significant impact in the crypto world.
Therefore, the nickname BITCOIN IS KING is indeed perfect for him.
Don't really like the name moniker like that but I do agree and I don't think that it's ever going to be dethroned in it's position as the biggest cryptocurrency in the market in my lifetime at least, I am sure that by that time that it happens, there's probably a reset in civilization after a global catastrophe, there's a possibility that bitcoin's going to go down with it but that's just a far flung imagination that's unlikely to happen. If anyone agrees that bitcoin's the king then it's all the more reason why you need to believe in bitcoin because it's the best of them all and a lot of crypto have tried to say that they're the bitcoin killer and look at where they're now? They're either a rug pull or can't even get back to their ATH or even create a new one.

No one denies that bitcoin is the king of cryptocurrencies, bitcoin is the most reliable and safe coin. But what are we here for? For profit or just come here to worship someone? I mean, we should invest in bitcoin but don't be too stubborn to ignore altcoins and miss out on the opportunity to make bigger profits. Another bull season is coming, bitcoin will be the first coin to lead the entire bull market but bitcoin will no longer be the most profitable coin. Don't over-hype bitcoin and bad-mouth the rest of the market and ignore the bigger opportunities.


Title: Re: Bitcoin is King
Post by: martinex on January 29, 2024, 07:24:38 AM
BTC is always the first and the King in this Crypto World


Title: Re: Bitcoin is King
Post by: GeorgeJohn on January 29, 2024, 08:41:07 AM
Bitcoin is a Bitcoin and it can not say that's King with one or two reasons..in normal circumstances Bitcoin is a currency like any other coins what we say is that it has a potential more than any other coins, and in terms of valuation it's more valuable than other coins and that's while Bitcoin continue to have a competitor everywhere so I believe that in future even Ethereum network can do better than a Bitcoin


Title: Re: Bitcoin is King
Post by: harapan on January 29, 2024, 10:42:41 AM
Bitcoin is fast leading so many long time reputable organizations now because of what it has come to offer, it's true that bitcoin contains most answers to every financial economy challenges only if we make its rightful application to where necessary, bitcoin is no longer the king of cryptocurrencies alone, but king of all currencies, it's fourteenth year achievements is far better than other currencies decades achievements because of it huge success, yet we still have a continuous adoption of this decentralized currency because it's serving beyond it intended purpose.


Bitcoin is king and remains that way.Amongst all other cryptocurrency,bitcoin has been different from every other cryptocurrency .Bitcoin due to it's ability to preserve transactions security and improve one's financial status.Bitcoin existence has been able to solve many problems to people that are in usage of it globally.First if all,it eliminates the security issue;bitcoin is decentralized and cryptographically secured.Bitcoin cannot be hacked or counterfieted,in other words,you can fake fait currency but you can't fake bitcoin.Even if it is a digital currency,it system can be relied upon.


Title: Re: Bitcoin is King
Post by: Questat on January 29, 2024, 12:18:28 PM
Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies.
As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
The is no argument on that which says, bitcoin is the president of all the cryptocurrencies in the ecosystem. And what make bitcoin to be the king is that all other coin are moving under bitcoin and whatever direction bitcoin goes other cryptocurrencies follow. And the best time to buy bitcoin is the time when the price is low and not when the price is high. Please whenever you planning to do with the investment of bitcoin thick and calculate well.
Granting that Bitcoin is the top among cryptocurrencies but I'm still wondering why many people have not appreciated it as they are still looking for cheap and shitcoins. Perhaps, it was been proven and tested so many times and despite the unbearable dump and market crisis still, it recover. There is no losing upon investing in Bitcoin unless there is a problem with our strategies because no matter if it is known profitable but we are too impatient and have no control of our emotions, we still lose in the end. Faith and trust are necessary for crypto investment.


Title: Re: Bitcoin is King
Post by: legendbtc on January 29, 2024, 12:36:30 PM
Bitcoin is a Bitcoin and it can not say that's King with one or two reasons..in normal circumstances Bitcoin is a currency like any other coins what we say is that it has a potential more than any other coins, and in terms of valuation it's more valuable than other coins and that's while Bitcoin continue to have a competitor everywhere so I believe that in future even Ethereum network can do better than a Bitcoin

Frankly, this is entirely possible, but many bitcoiners will not like this so they deliberately ignore it. Currently, in terms of value and capitalization, ETH is only 1/2 of bitcoin, but if I remember correctly, there was a time when ETH's capitalization surpassed BTC but only for a very short time. The potential of ETH is huge and ETH will become even more powerful if the ETH ETF is approved. I even believe that it will become more popular than bitcoin in the future.


Title: Re: Bitcoin is King
Post by: Mpamaegbu on January 29, 2024, 12:36:51 PM
I'm more comfortable referring to Bitcoin as a pathfinder than as a king. Though I know the angle OP took it from. Maybe I had loosely used it in different tags elsewhere in explaining its role in the crypto space and how it isn't ever going to disappear; that's in relation to investments. Pointedly, when we talk of the king nature of Bitcoin can we say it has really performed as a king to its subjects (users) in the past few weeks giving the congestion and exorbitant fees charged? Can we say that? But of course, not. Check what other coins afford users for transactions, both in fees, ease and speed. There's much to do about the regular congestions that happen on the Bitcoin blockchain. For those who will rise in defence of Bitcoin congestion and blame it on Ordinals, they should explain the ones of the past because Ordinals are just a recent thing.


Title: Re: Bitcoin is King
Post by: MJSO22 on January 29, 2024, 01:13:22 PM
Bitcoin King.  Bitcoin is a very trusted coin.  It is very popular.  It is the first coin in the crypto market.  There is no chance of it being a scam.  It is used by many people.  It can be used in many places.  People believe it very much.You can profit by holding it for a long time.  It is a powerful asset like land.  With it you can use anytime from anywhere.So people use it with trust.  Many people hold it.  A lot of money can be profited from this.


Title: Re: Bitcoin is King
Post by: Ravichnadra on January 29, 2024, 01:17:35 PM
YES ofcourse BTC is a KING.

You don't believe in it ?

BTC is the only currency that comes to everyone's mind when we say crypto.

BTC is love <3


Title: Re: Bitcoin is King
Post by: Mate2237 on January 29, 2024, 01:58:23 PM
Granting that Bitcoin is the top among cryptocurrencies but I'm still wondering why many people have not appreciated it as they are still looking for cheap and shitcoins. Perhaps, it was been proven and tested so many times and despite the unbearable dump and market crisis still, it recover. There is no losing upon investing in Bitcoin unless there is a problem with our strategies because no matter if it is known profitable but we are too impatient and have no control of our emotions, we still lose in the end. Faith and trust are necessary for crypto investment.
Investment is a personal decision or choice therefore because Bitcoin is the king of all the cryptocurrencies does not mean that everyone will like to invest and many are investing in shitcoins because the price is very much cheaper for them to invest but Bitcoin investment needs at least a reasonable amount of money. So if people are choosing shitcoins to Bitcoin you not wonder yourself and if people invest in Bitcoin more than the shitcoins you should not wonder again because it is vis-a-vis.

As I said many people wants to invest in Bitcoin but because lack funds they invest in other cryptocurrencies and if they use the amount to invest in Bitcoin nothing will come from the bitcoin unit. Example: if they invest in bitcoin with $30 it will come out with 0.00072 as of present rate and it they use it to invest in another coin, it will come in a big amount. Some time it might even reach one unit of the coin.


Title: Re: Bitcoin is King
Post by: Baki202 on January 29, 2024, 02:58:06 PM
as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced

In the same way that bitcoin and other cryptocurrencies are a part of the body. And despite its high price, bitcoin has been the first to attract more interest from users than altcoins. Bitcoin will remain the most valuable asset regardless of how it is managed. Considering that it served as the model for other cryptocurrencies. That is if bitcoin is affected in anyway then other cryptocurrencies are also affected the same way. Either positive or negative so there future lies in the hands of bitcoin.
The global investment in Bitcoin is not equal to all cryptocurrencies combined. Bitcoin is not only the number one currency but also one of the most trusted virtual currencies in the world. There are millions of investors in the world who have invested in Bitcoin and they also believe that there is no other competitive currency in the world to replace Bitcoin. I have adopted an investment plan accepting Bitcoin as the king currency.
Everything rests on the foundation of trust: using your money to purchase an item even when you haven't met the seller. That kind of string has only been pulled by bitcoin. Because of this, there isn't a different kind that could take the place of Bitcoin.

Because the minimum amount is so small, the number of individuals investing in bitcoin should be greater than the number of people investing in other enterprises. People are flocking to bitcoin because it is an excellent investment opportunity. Other cryptocurrencies, such as BNB and others, are also viable options.


Title: Re: Bitcoin is King
Post by: Mauser on January 29, 2024, 03:14:51 PM
Bitcoin Genesis block is mined on 3rd January 2009 and after that, many Bitcoin blocks found by miners. Many developers created abundant altcoins and they are even uncountable. Coinmarketcap or Coingecko tracked not all of altcoins and many of shitcoins die after a few hours because they are created by scammers and only appear on decentralized exchanges with liquidity pools from scammers to steal money from people who want to get rich without knowledge.


Not sure if I would call bitcoin itself king, for me it's just another currency. Even though it's a superior currency to all the fiat money out there, it still depends on the people using it. Don't get me wrong, bitcoins are a great investment and anybody should at least own some coins in their portfolios. For me the real kings are the OG bitcoin investors. People who were willing to acquire or mine coins in the first several years of the bitcoin creation, when it still was cheap. All these kings are probably millionaires by now and did really well for them. Good for them, they took the risk and got rewarded for it. All of us other investors who just came to the crypto world after the hype are just lords now. We are making great returns with our bitcoin holdings, but sadly we will never achieve what the early investors managed to make from their investments.


Title: Re: Bitcoin is King
Post by: dlightag on January 29, 2024, 03:19:59 PM
Bitcoin is the king among other alt-coins in the cryptocurrency market, which any place you find yourself and people around want to the business you're into, after saying everything about cryptocurrency industries and market movement and not mention Bitcoin has not started, because the moment you mentioned Bitcoin and explain little how it works, it gives clear understanding to newbies. Hence Bitcoin is the King among the alt-coins in the cryptocurrency market and it always be number one in crypto marketplace.


Title: Re: Bitcoin is King
Post by: Silver005 on January 29, 2024, 07:51:49 PM
Yes I strongly believe you and I accepted the facts that Bitcoin is the king 👑👑,with many reasons of mine..

Why i said that Bitcoin is the king is because it has elevated alot of people the whole world, and make the poor Man and common man on the street to become somebody ij life and there is no online business that have ever done things of this nature , and if there's well I have never seen, this is my first time, and I am so glad to witness this at this point in time..

Bitcoin has become the king of all because I have seen alot of people who by the the help of Bitcoin doing very well and earning a living,and they are earning huge amounts of money like a president of a country..i can stand to prove more reason why I said that Bitcoin is the king of all, with a lot of evidence of those who has made it through Bitcoin investment or trading Bitcoin.


Title: Re: Bitcoin is King
Post by: Ever-young on January 29, 2024, 10:10:44 PM
YES ofcourse BTC is a KING.

You don't believe in it ?

BTC is the only currency that comes to everyone's mind when we say crypto.

BTC is love <3
Bitcoin is the king but that does not mean it’s because it comes to people’s mind when they think about crypto, their are many people whom their crypto journey their was not bitcoin in their holdings and they just got to start investing on bitcoin lately after they might have been scammed or read about it on news.

bitcoin have lot of things which made it to be consider king and those includes it being the first successful digital currency to be launched and gained mass adoption and main other crypto currency comes with its same primary idea even if they can’t keep to such capabilities.


Title: Re: Bitcoin is King
Post by: BABY SHOES on January 29, 2024, 11:14:46 PM
Bitcoin is a Bitcoin and it can not say that's King with one or two reasons..in normal circumstances Bitcoin is a currency like any other coins what we say is that it has a potential more than any other coins, and in terms of valuation it's more valuable than other coins and that's while Bitcoin continue to have a competitor everywhere so I believe that in future even Ethereum network can do better than a Bitcoin
People say king because his position continues to be at the top, so for that alone it still makes sense if people always often mention it like that.

There is no such thing as a king in the digital world but when there is a coin that dominates the market then people call it a king.

Not sure that the Ethereum network will be better than bitcoin, I will not compare the equation remains the most powerful bitcoin network even though it is not as luxurious as the Ethereum network which has an ecosystem of many altcoins in it.


Title: Re: Bitcoin is King
Post by: KingsDen on January 30, 2024, 11:22:22 AM
https://pbs.twimg.com/media/F-z_ISCW4AAM5Dd?format=jpg&name=900x900 (https://twitter.com/relai_app/status/1724138811184287942)
The infographic has instead opened my eyes to the dominance of Ethereum in the community of the altcoins. Since 2019, no other altcoins has tried to overtake Ethereum till date and there's no sign that any altcoin will try to do that in the near future. Talking about bitcoin, we all know that BTC is the king, I mean who is disputing that? I also know that throughout the reign of cryptocurrency, no coin is possibly going to dethrone Bitcoin.

Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic? :D
It's already at the 5th page, maybe I will have to push it to the 6th page where me and you will no longer post ;D

Bitcoin is a Bitcoin and it can not say that's King with one or two reasons..in normal circumstances Bitcoin is a currency like any other coins what we say is that it has a potential more than any other coins, and in terms of valuation it's more valuable than other coins and that's while Bitcoin continue to have a competitor everywhere so I believe that in future even Ethereum network can do better than a Bitcoin
Even if you believe that Ethereum will be better than bitcoin in the future, that does not erase the fact that bitcoin is the current and undisputable king of cryptocurrency. Whenever BTC sneezes, altcoins shiver. Before the reign of Ethereum comes if it will ever come, let's allow Bitcoin to reign in peace.


Title: Re: Bitcoin is King
Post by: bettercrypto on January 30, 2024, 02:52:12 PM
Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies.
As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
The is no argument on that which says, bitcoin is the president of all the cryptocurrencies in the ecosystem. And what make bitcoin to be the king is that all other coin are moving under bitcoin and whatever direction bitcoin goes other cryptocurrencies follow. And the best time to buy bitcoin is the time when the price is low and not when the price is high. Please whenever you planning to do with the investment of bitcoin thick and calculate well.

I also agree that Bitcoin is the king of all cryptocurrencies. Because what the King moves is also the movement of his subjects. It's the same when bitcoin's price value rallies in the market; most altcoins also rally, even though other shitcoins rally temporarily just to keep up; it's just that the others can't keep up and are left behind in the market until it stops.

That's what Bitcoin has been doing in this field of crypto space for literally 15 years, where the majority of potential altcoins in the market are still following Bitcoin's moves.


Title: Re: Bitcoin is King
Post by: macson on January 30, 2024, 03:16:12 PM
Bitcoin is the king of cryptocurrency not because of its capitalization, because if we talk about capitalization it means Bitcoin can be replaced at any time, but because Bitcoin has offered decentralization, security and credibility to transactions since it was first launched. Bitcoin has a lot of integrity and it has been tested and measured since it was first launched and it has weathered many storms in the market. That's what makes Bitcoin king.

Bitcoin also has strong community support and many people will continue to support it even when governments restrict the use of Bitcoin in their countries. There is not a single coin in the crypto market today that can match what Bitcoin has achieved, and that is the real king.


Title: Re: Bitcoin is King
Post by: Gladitorcomeback on January 30, 2024, 04:59:53 PM
as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced
The global investment in Bitcoin is not equal to all cryptocurrencies combined. Bitcoin is not only the number one currency but also one of the most trusted virtual currencies in the world. There are millions of investors in the world who have invested in Bitcoin and they also believe that there is no other competitive currency in the world to replace Bitcoin. I have adopted an investment plan accepting Bitcoin as the king currency.

I think the value of saving is not disappearing in youth because now a days you will have seen that people save more often after which they initiate investment. In present age there is a limited job opportunities as a result of which people prefer investment which can make their future prosperous.

Those who don't know the value of saving cannot realize that how to spend money with planning. They spend huge money without thinking about it so they regret for it in future and then they want to make saving and investment but they are unable to do so therefore make a plan on time and get financial education that can help you to spend well and save more.


Title: Re: Bitcoin is King
Post by: Nrcewker on January 30, 2024, 05:04:44 PM
We don’t have a single doubt on this statement. Have you guys forgetting that majority of other coins or altcoins are derived from the concept of Bitcoins. Hence people comparing Bitcoins with this is just nothing but useless comparisons. Many of us have already accepted that there is no other coin bigger than the Bitcoins. Bitcoins are the most valuable digital asset present all over the world. Moreover it will even grow bigger. Hence it’s wise to accumulate as many Bitcoins as we can in this cheap price.


Title: Re: Bitcoin is King
Post by: Zanab247 on January 30, 2024, 05:14:29 PM
Quote from: HelliumZ
Bitcoin is the king of all cryptocurrencies it goes without saying because other coins are dependent on Bitcoin but Bitcoin is not dependent on any coin. Other coins are dependent on a third party but Bitcoin is a currency that has no ownership of its own or ownership that has not yet been disclosed. So it has monopolized the highest position in the market.
Based on what people experienced from all the cryptocurrencies in the market show that BTC will still remain the king among other cryptocurrencies because, it give hope to other investors whenever the price is rising in the market and other cryptocurrencies price will be rising too to encourage their hodlers to have faith at the moment.

 Despite the long bear run that flow over some years but BTC price is still higher than other cryptocurrencies and it will still maintain that position when another bull market beginning which is not far again before it will start manifesting for hodlers to feel.


Title: Re: Bitcoin is King
Post by: puloweh555 on January 30, 2024, 06:07:42 PM
Bitcoin is the king of cryptocurrency not because of its capitalization, because if we talk about capitalization it means Bitcoin can be replaced at any time, but because Bitcoin has offered decentralization, security and credibility to transactions since it was first launched. Bitcoin has a lot of integrity and it has been tested and measured since it was first launched and it has weathered many storms in the market. That's what makes Bitcoin king.
Apart from that, Bitcoin's unique concept has made Bitcoin survive to this day and become the king of crypto. You see, because the founder of Bitcoin did not declare himself, that is why Bitcoin is king to this day. because if we look at history in 2009, if for example Satoshi Nakamoto everyone knew who he was, I don't think Bitcoin would have survived until now because if everyone knew his status he would definitely be bullied by regulators who didn't like Bitcoin's development.

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Bitcoin also has strong community support and many people will continue to support it even when governments restrict the use of Bitcoin in their countries. There is not a single coin in the crypto market today that can match what Bitcoin has achieved, and that is the real king.
Yes, the very strong community factor also explains why Bitcoin is still the first choice for many investors. In fact, this community is growing and developing every year, making this community even stronger, especially as several countries are starting to adopt Bitcoin. So Bitcoin deserves to be called the king of all existing cryptocurrencies.


Title: Re: Bitcoin is King
Post by: speeder on February 04, 2024, 04:30:10 AM
With the way Bitcoin is gaining influence day by day, it is only right that Bitcoin will be the king of all coins. Bitcoin has a lot of success currently, Bitcoin is the most popular coin in the crypto market and many people have been able to change their fortunes using this coin. All cryptocurrencies are based on Bitcoin. As the price of Bitcoin starts to rise, other coins in the crypto market slowly move up in value.


Title: Re: Bitcoin is King
Post by: mamesso on February 04, 2024, 08:40:02 AM
Bitcoin is king because whenever people remember Cryptocurrency then the first thing that comes to their mind is Bitcoin. Interest in Bitcoin is always high compared to other coins because there are only 21 million pieces in circulation, Bitcoin is also able to drag down all other altcoins when the price drops. Bitcoin is the money of the future and its adoption is increasing as more and more investors are interested in making Bitcoin a store of value because there is no central authority controlling circulation and transactions like banks do with fiat currencies.

Bitcoin is also able to maintain consistent market capitalization dominance and the largest trading volume compared to other Cryptocurrency. Bitcoin has been widely accepted and recognized, it is very natural that Bitcoin is called king because it has been accepted globally and market dominance remains even when thousands of other Cryptocurrency begin to emerge.


Title: Re: Bitcoin is King
Post by: HideYourKeys on February 04, 2024, 09:37:40 AM
I think is quite unlikely to dethrone bitcoin... BUT, we might see other challengers aiming to get that 2nd position, I am not that sure that ETH will be able to keep it for decades


Title: Re: Bitcoin is King
Post by: benalexis12 on February 04, 2024, 10:03:21 AM
as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced
The global investment in Bitcoin is not equal to all cryptocurrencies combined. Bitcoin is not only the number one currency but also one of the most trusted virtual currencies in the world. There are millions of investors in the world who have invested in Bitcoin and they also believe that there is no other competitive currency in the world to replace Bitcoin. I have adopted an investment plan accepting Bitcoin as the king currency.

I think the value of saving is not disappearing in youth because now a days you will have seen that people save more often after which they initiate investment. In present age there is a limited job opportunities as a result of which people prefer investment which can make their future prosperous.

Those who don't know the value of saving cannot realize that how to spend money with planning. They spend huge money without thinking about it so they regret for it in future and then they want to make saving and investment but they are unable to do so therefore make a plan on time and get financial education that can help you to spend well and save more.

There are still many people like that who don't know how to spend properly, so they don't actually have any savings for the future because they spend too much on themselves. But there are still some of these opportunities that Bitcoin's halving is approaching, taking advantage of the opportunity that there is still time to accumulate Bitcoin as much as possible.

And this is the right thing because when the time of the bull run comes, we have for sure a profit to be drawn or released from cryptocurrency because its price values will increase in the market, and it will be a savings for us too, of course.


Title: Re: Bitcoin is King
Post by: RewFrew on February 04, 2024, 07:48:08 PM
Absolutely right Bitcoin is king, i think there jas no Dhaka. From the begaining. No any compitetors ever we seen. After Lunching Bitcoin till now Bitcoin is number one. It’s Price, marketcap, volume,  usability are increasing. We saw total maeket depend on Bitcoin. When bitcoin price increase then all cryptocurrency market increase. And when Bitcoin price were down then all cryptocurrency market gose down.
We can tell in one word Bitcoin dominance all cryptocurrency market there has no doubt. So It’s quantity only 21milion and it’s user now huge. And usability also increasing. So we can easily tell bitcoin is king of all cryptocurrency and cryptocurrency market.


Title: Re: Bitcoin is King
Post by: tread93 on February 04, 2024, 08:49:14 PM
There will never ever be another 1st crypto currency EVER, Bitcoin is the one and the only! Okay I will say Ethereum is good too. Monero is cool. XRP shit I think honestly has a chance. But Bitcoin is and without question will alway be the #1 coin! I don't every see anything overtaking it or dropping it from its place. I just don't.


Title: Re: Bitcoin is King
Post by: wendty on February 05, 2024, 06:46:26 AM
Bitcoin was the first cryptocurrency created and received widespread recognition and is also the most popular among other cryptocurrencies. And it became the first decentralized digital currency, and Bitcoin became its foundation and also influenced the entire cryptocurrency ecosystem.
And other cryptos or altcoins are just alternatives or imitations of Bitcoin and this crypto can drag all other altcoins when they go down, so Bitcoin deserves to be king and become the main coin because it is very influential on other cryptos. And if Bitcoin collapses, it is certain that other cryptocurrencies or altcoins will also collapse.


Title: Re: Bitcoin is King
Post by: fruktik on February 05, 2024, 09:14:54 AM
Bitcoin is the king of cryptocurrency not because of its capitalization, because if we talk about capitalization it means Bitcoin can be replaced at any time, but because Bitcoin has offered decentralization, security and credibility to transactions since it was first launched. Bitcoin has a lot of integrity and it has been tested and measured since it was first launched and it has weathered many storms in the market. That's what makes Bitcoin king.

Bitcoin also has strong community support and many people will continue to support it even when governments restrict the use of Bitcoin in their countries. There is not a single coin in the crypto market today that can match what Bitcoin has achieved, and that is the real king.
Oh, come on. Are you saying there is no equal to Bitcoin today? It's not. There are other projects that are just as good. The only thing they lack is more extensive advertising than they have at the moment, but all in good time.

I wouldn't call it a king. That's not the right definition. But "elder" suits him best.

What's the reason everyone's so fixated on just him? It's hard enough to consider such a thing in the current state of affairs.


Title: Re: Bitcoin is King
Post by: ARTOIS on February 10, 2024, 03:31:58 PM
Everyone noticed the rise in its value, as its average growth became more than 300% due to several factors and events in the past years
Because we use it as an investment like precious metals and are not affected by monetary policy
 It is a digital and decentralized currency, security and encryption, the continuous mining process and transaction processing, and the pseudonymity feature which results in more privacy for customers, and full user control.
This is why bitcoin is number one


Title: Re: Bitcoin is King
Post by: Shamm on February 10, 2024, 03:52:23 PM
With the way Bitcoin is gaining influence day by day, it is only right that Bitcoin will be the king of all coins. Bitcoin has a lot of success currently, Bitcoin is the most popular coin in the crypto market and many people have been able to change their fortunes using this coin. All cryptocurrencies are based on Bitcoin. As the price of Bitcoin starts to rise, other coins in the crypto market slowly move up in value.

Without a doubt Bitcoin so the only coin that will long last and now currently the number 1 coin in the market which pretty sure that no another coins called king of all coins except Bitcoin. And also altcoins will follow Bitcoin which is when the price of Bitcoin will rise up then some coins will rise up to but the difference is other coin is not just like Bitcoin that when the price will down there's a time that it will rise again while other coins are not just del the same cause some coins when the price will go down then It will not rise up again.


Title: Re: Bitcoin is King
Post by: Fiasem20 on February 10, 2024, 04:44:51 PM
Bitcoin is the king of all cyptros because;

1.Bitcoin was the the first cyptrocurrency that was invented into the crypto market in the year 2009 and ever then it has reported any scam alert.

2.Bitcoin is the best digital asset to buy and hodl when it comes to investment term.

3.And also Bitcoin is the most popular and dominant decentralized digital asset in the cyptro market.


Title: Re: Bitcoin is King
Post by: bots1 on March 01, 2024, 09:22:52 AM
Bitcoin is considered king because:

1) In terms of price compared to any crypto, Bitcoin is the highest.
2) Bitcoin can drag down the price of all other altcoins when the price drops.
3) If done alone, this can attract the entire market and create a bull run.
4) Bitcoin can make many people rich.
5) Interest is always high compared to other coins because the supply is limited to only 21 million Bitcoins.


Title: Re: Bitcoin is King
Post by: Catenaccio on March 01, 2024, 12:21:20 PM
Bitcoin is considered king because:

1) In terms of price compared to any crypto, Bitcoin is the highest.
Bitcoin is a strongest cryptocurrency, not only by its marketcap, its price but by its ability to survive through many market cycles, bear markets. Other cryptocurrencies can have high ROIs in one cycle but they fail to survive after one or two cycles or their net ROI is lower than Bitcoin.

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2) Bitcoin can drag down the price of all other altcoins when the price drops.
Because many altcoins were created with market trends and technological trends. Trends come and disappear so those projects come and dead.

How many cryptocurrencies failed? (https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed)

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3) If done alone, this can attract the entire market and create a bull run.
Bitcoin leads this market but its power shows clearer in bear market and you can see Bitcoin dominance is bigger in past bear markets. In bull markets, many new altcoins will take shares of Bitcoin dominance but when those new projects dead, Bitcoin dominance increases again in a next bear market.