actmyname
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Spear the bees
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July 25, 2016, 12:02:16 AM |
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bit coin is the best and most expensive crypto currency because it was the first coin to use the block chain technology. So it kind of makes it the Original(like vampires) lol.
I'm not so sure in stating that it is the "best". There are altcoins that although have a far smaller market include very interesting technical developments that could shape new projects. The blockchain system can be applied to many things and bitcoin helped to birth that (like storj.io, which is awesome) yet there are more things that you could do.
Not sure about your analogy (the set, not the premise), but there have been other monsters before vampires. Mythology dates back far.
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Cuidler
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July 25, 2016, 12:20:18 AM |
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Cryptocurrencies are still a mystery to a lot of people, but some people can remember the "scary" things about it, and that it is associated with criminalized hackers and the spooky dark web...
I mean the whole silk road scandal happened not that long ago... But it is forever in crypto years since it is such a new phenomenon.
Cryptocurrencies today are like early internet, used only by some freaks. But 20 years later most people using internet without giving it a second thought. I dont know if after 20 years most people going to use cryptocurrencies, but the idea of public ledger and proving ownership by cryptographically signing the transaction/contract might find much higher demand in future than today (rather than blindly trust third parties that non-public ledgers are really fairly mantained, I mean after you figure it can be all done in trustless manner why to go back again)
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danherbias07
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Leading Crypto Sports Betting & Casino Platform
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July 25, 2016, 12:40:47 AM |
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You predicted a crash on august and spends most of your time in altcoin boards, why the sudden change of stance? IMO as long as you can buy certain ordinary things with an altcoin they can be considered money too. It's just bitcoin have wider adoption than any altcoin so it can be considered superior (in terms of adoption, other things can still be debated). It's not really just that they are more widely adopted, it is that it is more well known (which really isn't that well known to begin with). Cryptocurrencies are still a mystery to a lot of people, but some people can remember the "scary" things about it, and that it is associated with criminalized hackers and the spooky dark web... I mean the whole silk road scandal happened not that long ago... But it is forever in crypto years since it is such a new phenomenon. This is the only one I understood. The negative events of all the crypto currencies are the one that is remembered like the fall of bitcoin from the past, the criminal usage of it, ETH small fall and a lot more. A new definition will given to such a thing whenever it goes to a fail. That is just sad.
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Wind_FURY
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July 25, 2016, 12:50:40 AM |
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ETH, ETC, Different chains, Dao, Hard fork, soft fork etc.
I just want to send money easy and fast.
Other coins are just complicating.
This is true. But what the other coins are giving the ability to choose. A world where bitcoin is the only cryptocurrency is not only boring but also bad. In your self interest maybe you want it to be the only one because you think the price of bitcoin will reach $500,000 is it is so. But no. If there was only bitcoin then it will only take very little to control it just like how it is now controlled by the mining cartel and by the bitcoin oligarchs. Now because there are other coins out there all we have to do is drop bitcoin and support something else.
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deadpoolx
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July 25, 2016, 01:22:03 AM |
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The stability and resilience of the bitcoin network are notorious. Let's hope it keeps that way for the years to come, because this is important for the reputation of crypto and its projects.
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jhenfelipe
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July 25, 2016, 04:42:24 AM |
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In my opinion, other cryptocurrencies out there also have their values. They have their own characteristics as well and they are used also by others. Maybe the difference is that, Bitcoin is the most well-known cryptocurrency as of today and had this higher potential of being accepted/adopted by most people/businesses/countries.
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Jambolb2
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July 25, 2016, 04:49:46 AM |
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In my opinion, other cryptocurrencies out there also have their values. They have their own characteristics as well and they are used also by others. Maybe the difference is that, Bitcoin is the most well-known cryptocurrency as of today and had this higher potential of being accepted/adopted by most people/businesses/countries.
yes just agree with you, every coin has its pros and cons of each but seen from its name is altcoin only as an alternative only. For more great real investment in bitcoin only. And altcoin very beneficial if used by traders who have limited capital.
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Whosdaddy
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July 25, 2016, 05:30:17 AM |
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Cryptocurrencies are still a mystery to a lot of people, but some people can remember the "scary" things about it, and that it is associated with criminalized hackers and the spooky dark web...
I mean the whole silk road scandal happened not that long ago... But it is forever in crypto years since it is such a new phenomenon.
Cryptocurrencies today are like early internet, used only by some freaks. But 20 years later most people using internet without giving it a second thought. I dont know if after 20 years most people going to use cryptocurrencies, but the idea of public ledger and proving ownership by cryptographically signing the transaction/contract might find much higher demand in future than today (rather than blindly trust third parties that non-public ledgers are really fairly mantained, I mean after you figure it can be all done in trustless manner why to go back again) In 20 years, I think people are going to accept cryptocurrencies just as how much they have accepted cashless cards (credit cards, debit cards). It will all seem to be natural to us by that time, as long as there will be no major crash event that will happen though because those will definitely affect the image of cryptocurrencies.
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poetra2501
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July 25, 2016, 05:37:04 AM |
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I think,Btc is real money,indeed voluble and some people refuse to accept its progress. Some are scared to invest.,because they are dont know much about bitcoin
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btcdiggingmaster
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July 25, 2016, 05:46:11 AM |
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Bitcoin is managing and controlled by other altcoin, in trading trading bitcoin has biggest assest when compared to altcoin, through altcoin we can make more bitcoin, but firstly we have to purchase altcoin with bitcoins only. Now a days trading industry going day by day, so bitcoin usage is also increasing.BTC
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Hirose UK
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July 25, 2016, 05:53:51 AM |
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ETH, ETC, Different chains, Dao, Hard fork, soft fork etc.
I just want to send money easy and fast.
Other coins are just complicating.
thats true, in my opinion other cryptocurrencies are actually just a tool for making bitcoin even a more popular thing, i think that holding bitcoins will make me big money so what if bitcoin without altcoin? is bitcoin still worth? besides, altcoins are used for trading, so it is worth and make profit for some people.
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qiwoman2
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July 25, 2016, 06:40:06 AM |
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Most people play with alt coins in order to make more bitcoin but there are some alt coins also that are making some headway and attracting long term people to grow communities but of course bitcoin is king and it will need some really heavy new technology to replace bitcoin or supersede it that's for sure.
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fitraok09
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July 25, 2016, 09:32:49 PM |
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I'm not sure bitcoin can be replaced. the mostly of ANN altcoin (especially in bitcointalk) in their thread there are telling their coin can replace bitcoin, because bitcoin is traditional coin bla bla bla with bla bla bla, but after a few months or years their coin is dead, dev can not found anymore, and the story they has to say are not realized. ETH, ETC, etc. most people's could getting profit from them. why complicating? altcoin used people just for trading and another for earn their profit. if you just using bitcoin for send money with easy and fast then you are not needing for trade. cheers Altcoins are propped up by speculation, all day every day. A majority of all crypto's value comes from speculation (like basically everything else in the economy) and thus trading is basically one of the only uses for a majority of altcoins. Ethereum is propped up by speculation but it also has some features which give it some value, but not as much as it does right now. Bitcoin is the best crypto for sending and holding money, no question. yes. no question
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coin_gambler
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July 25, 2016, 09:36:02 PM |
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I think,Btc is real money,indeed voluble and some people refuse to accept its progress. Some are scared to invest.,because they are dont know much about bitcoin
of course bitcoin is real money, you can use it for spending and buying stuff, i think it clearly shows that it has value and it is money for people
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calkob
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July 25, 2016, 10:17:44 PM |
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yeah i get your point but this whole revolution in crypto is not just about money, that is just one app, there is so much more to bitcoin and others. if all you see is money then you need to read and learn abit more. trust me i thought myself that it was all about money once but now i realise.......
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Agaguk24
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Extended Reality Advertising
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July 25, 2016, 10:21:44 PM |
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The stability and resilience of the bitcoin network are notorious. Let's hope it keeps that way for the years to come, because this is important for the reputation of crypto and its projects.
Let's also hope Bitcoin overcomes its block size limitation problem, which is slowing it down considerably. People can say this problem doesn't exist, but I see it everytime I try to send BTC...
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vladish425
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June 20, 2018, 10:31:48 PM |
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No here you are wrong cryptocurrency will live eternal but just as long as the rate has fallen slightly
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Peashooter
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June 20, 2018, 11:02:39 PM |
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I agree with you as i don't see bitcoin as a cryptocurrency any longer but as real money. I can cash it out to my bank so it is viewed to me this way.
Yes, I agree bitcoin is a money when you cash out in the bank or other remittance center bitcoin you cannot see as a digital currency bitcoin is real money.
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