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Author Topic: why you mostly like bitcoin compare to other digital currency?  (Read 13762 times)
Ludwish
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November 17, 2016, 07:20:32 AM
 #321

Its the 1st of its kind. Its more anonymous. Its more secure. Oh, and also because its value seems to be increasing faster than the other ones.
There go the reasons why I like BTC more than other crypto currencies

The bitcoin is more anonymous than some currency, but it is less anonymous than the cash and Monero or Dash or ZCash.
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November 17, 2016, 07:23:06 AM
 #322

i heard many Cryptocurrency but why people mostly use bitcoin?


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

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

Some altcoin creators are just creating new ponzi schemes.

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November 17, 2016, 07:28:28 AM
 #323

Because other crypto currencies are the clones of bitcoin and have no real development team behind them and mostly are here for quick cash grab.
Also bitcoin yet to be known globally and still is too young while hundreds of it's clones coming out every day and expect people to what? adopt them and use them above bitcoin?

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November 17, 2016, 07:40:44 AM
 #324

Its the 1st of its kind. Its more anonymous. Its more secure. Oh, and also because its value seems to be increasing faster than the other ones.
There go the reasons why I like BTC more than other crypto currencies

The bitcoin is more anonymous than some currency, but it is less anonymous than the cash and Monero or Dash or ZCash.
Bitcoin is pseudonymous, You are totally wrong. I'd like to say they have compared bitcoin with crypto caused by it's about the features of crypto. However, they'd forgot if the bitcoin the mother of crypto. Every crypto has had their characteristics while some are realizing if that looks like no sense.

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November 17, 2016, 08:37:38 AM
 #325

Take a look at this site: https://coinmarketcap.com/
It shows the cryptocurrencies that we have today. Notice the first in Bitcoin. Moreover, also take note of the huge distance that another cryptocurrency needs to take in order to catch up with Bitcoin. We can see from this that Bitcoin is highly popular, trusted and reliable. Most people interested in cryptocurrencies, other than traders would use Bitcoin mainly.
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November 17, 2016, 09:17:36 AM
 #326

I don’t know about other people but I can tell my approach towards bitcoin. When I first time heard about any crypto currency, it was a bitcoin. In fact, when I heard about bitcoin then I came to know about crypto currency technology so naturally as first come first serve basis, I started using bitcoin and while exploring the world of crypto currencies I came across various alt coins but still I am with bitcoin because many reasons which mainly includes strong community, huge market capital, good core team & strong value and potentials (not just price).
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November 17, 2016, 10:04:40 AM
 #327

Take a look at this site: https://coinmarketcap.com/
It shows the cryptocurrencies that we have today. Notice the first in Bitcoin. Moreover, also take note of the huge distance that another cryptocurrency needs to take in order to catch up with Bitcoin. We can see from this that Bitcoin is highly popular, trusted and reliable. Most people interested in cryptocurrencies, other than traders would use Bitcoin mainly.

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

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November 17, 2016, 10:38:32 AM
 #328

i heard many Cryptocurrency but why people mostly use bitcoin?


Because it was the first one and the original, I guess. Others are just a copy of the blockchain. Maybe there is only very few that has improved version and they could emerge as good competitor of bitcoin someday.
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November 17, 2016, 11:06:33 AM
 #329

There will be only 21 million of bitcoins whereas the number of forks is infinite
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November 17, 2016, 12:15:41 PM
 #330

Because other crypto currencies are the clones of bitcoin and have no real development team behind them and mostly are here for quick cash grab.
Also bitcoin yet to be known globally and still is too young while hundreds of it's clones coming out every day and expect people to what? adopt them and use them above bitcoin?

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


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November 17, 2016, 12:26:20 PM
 #331

Because other crypto currencies are the clones of bitcoin and have no real development team behind them and mostly are here for quick cash grab.
Also bitcoin yet to be known globally and still is too young while hundreds of it's clones coming out every day and expect people to what? adopt them and use them above bitcoin?

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

it is so rare to see an altcoin have a real developing team that actually cares about something other than more money in their own pockets and think more about developing something useful!
what i keep seeing is the same clones with different code but the sane goal : pump and dump and more profit.

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November 17, 2016, 01:44:36 PM
 #332

People compare bitcoin to another digital currency because people like to compare things. That's basically it, it's our nature to compare things that are similar or falls into the same category and then later on pick the best one. We use bitcoin mostly because it's the first crypto-currency (I know people would say just because it's the first one doesn't mean it's the best. Yeah, I know. But in this case, it is.), it's the original one, and it has a solid foundation.

Altcoins are just a copy of bitcoin's concept and most of the time, an altcoin quickly dies. If you invest in an altcoin especially the new ones, you might wake up one day and the price has already been dumped. You'd feel you've been scammed by the dev, that the promises weren't achieved and all. Well, that's just how it goes. In bitcoins, it's quite hard to dump the whole market unlike altcoin where sometimes the coin even reach 1 satoshi per coin.

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November 17, 2016, 02:34:21 PM
 #333

i heard many Cryptocurrency but why people mostly use bitcoin?


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

Because it was the first one and the original, I guess. Others are just a copy of the blockchain. Maybe there is only very few that has improved version and they could emerge as good competitor of bitcoin someday.
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November 17, 2016, 03:17:17 PM
 #334


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

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

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November 17, 2016, 04:45:05 PM
 #335

Actually i dont know what are the other digital currency, all i know is bitcoin. Since i joined bitcoin, i realized that bitcoin is the most i like even i don't know that there are other currency, why? because it gives me freedom of what i want to share, i can get information about trading and investing where these are the good ways to have profit, and can help earning money in such ways that will help you of what you want.
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November 18, 2016, 05:29:08 AM
 #336


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

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

Being the most popular cryptocurrency and being the one  used by the majority of people makes bitcoin the most advanced among other altcoins. In my own opinion, since bitcoin is the one being used by most people, many will see bitcoin as more dependable than any other altcoin. As I think of it, why would I choose another cryptocurrency if bitcoin is there and that is already popular to many and there had been positive feedbacks from its many users?
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November 18, 2016, 07:54:33 AM
 #337

its because only bitcoin that can give best rate for the price when we want to make withdraw into fiat and this is the reason for all people to use bitcoin. they use other digital currency to trading with bitcoin and make their bitcoin more big if they get profit.
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November 18, 2016, 07:56:51 AM
 #338

Other cryptocurrencies may offer other things.
For an example,Dash offers an inside coin mixing service,other currencies such as XMR offers a better anonymous transactions.
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November 18, 2016, 08:03:42 AM
 #339

i heard many Cryptocurrency but why people mostly use bitcoin?


Because other crypto currencies are just good or available for trading but nothing else, while bitcoin has a wide range of acceptance online and offline too, why would someone use a currency or a digital currency that is not accepted anywhere? That is why people use bitcoin more as it is accepted or usable in more places.
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November 18, 2016, 08:14:03 AM
 #340


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

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

Ya it is true that bitcoin is the main source of valuation for other altcoins and almost all coins are depended on bitcoin so obviously every one will like bitcoin only but in some altcoin you can invest as they give you more returns in bitcoins
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