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Author Topic: The Reason Bitcoin will always be #1  (Read 41474 times)
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January 22, 2017, 03:45:20 PM
 #161

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

The reason why bitcoin is always number one is because of the architecture, implementation, innovation and the best of all is the community, we are really a lot and this is a good part.

While this is all true, don't forget "too big to fail" was the cry before the sub-prime mortgage collapse (and the housing market in general) around 2008 in the USA. As long as it remains an acceptable medium of exchange, and consensus regarding its value remains strong, it will retain its worth.
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January 22, 2017, 05:50:23 PM
 #162

since how long has been predicted the end of Bitcoin? at  1 dollar, it was swag; at ten, a bubble about to burst. one hundred, a Ponzi pyramid ...

Until now Bitcoin is always there, it made his way. I have no idea what will be worth a bitcoin in six days, six months or six years, but after more than 2-3 years of observation, I no doubt it gets more sustainability. And even if another system will eventually prevail, Bitcoin is and will always remain the first crypto-money free and decentralized.

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January 22, 2017, 08:51:19 PM
 #163

since how long has been predicted the end of Bitcoin? at  1 dollar, it was swag; at ten, a bubble about to burst. one hundred, a Ponzi pyramid ...

Until now Bitcoin is always there, it made his way. I have no idea what will be worth a bitcoin in six days, six months or six years, but after more than 2-3 years of observation, I no doubt it gets more sustainability. And even if another system will eventually prevail, Bitcoin is and will always remain the first crypto-money free and decentralized.


He agrees with you. 2 years ago I didn't believe that the bitcoin will be in demand. And even more I didn't believe that its price will grow. Now I regret that I didn't listen to smart people and didn't purchase then bitcoins. I think as well as you. The bitcoin will only rise in price over time. And if he also loses a superiority line item, then will be among several most often used currencies. My confidence in it is big as on the basis of bitcoin more and more various coins make. And by that give leader positions to bitcoin.



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January 23, 2017, 09:28:34 PM
 #164

Is because the name "Bitcoin" is the best name for a crypto-currency.

No other name will be as good.

The reason why bitcoin is always number one is because of the architecture, implementation, innovation and the best of all is the community, we are really a lot and this is a good part.

While this is all true, don't forget "too big to fail" was the cry before the sub-prime mortgage collapse (and the housing market in general) around 2008 in the USA. As long as it remains an acceptable medium of exchange, and consensus regarding its value remains strong, it will retain its worth.

Can't say that bitcoin is going to be always the first one because there are many other altcoins that have maybe better developers but they just need a bigger community that support them and their goals to be more and more successful in their journey. Bitcoin is good but it can become better if more big services like ebay amazon and other big shops can accept bitcoin directly or indirectly.
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January 24, 2017, 02:17:34 AM
 #165

I think bitcoin is always in the top because of the continuous adoption by more people to used bitcoin and also the good intention that bitcoin itself can help more people to increase their revenue for the month by taking bitcoin as other source of income.

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January 24, 2017, 02:29:54 AM
 #166

since how long has been predicted the end of Bitcoin? at  1 dollar, it was swag; at ten, a bubble about to burst. one hundred, a Ponzi pyramid ...

Until now Bitcoin is always there, it made his way. I have no idea what will be worth a bitcoin in six days, six months or six years, but after more than 2-3 years of observation, I no doubt it gets more sustainability. And even if another system will eventually prevail, Bitcoin is and will always remain the first crypto-money free and decentralized.

Yes, bitcoin is now a sustainable currency, it came to stay for a long time and it will be always the number 1 because the bitcoin never stops to update itself, there is always things to improve in its system. However bitcoin isn't the number 1 yet for most part of the world.
Only when the adoption increases bitcoin will be on the top officially and when this happens I'm sure it will be top 1 for a long time.

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January 24, 2017, 03:20:42 AM
 #167

since how long has been predicted the end of Bitcoin? at  1 dollar, it was swag; at ten, a bubble about to burst. one hundred, a Ponzi pyramid ...

Until now Bitcoin is always there, it made his way. I have no idea what will be worth a bitcoin in six days, six months or six years, but after more than 2-3 years of observation, I no doubt it gets more sustainability. And even if another system will eventually prevail, Bitcoin is and will always remain the first crypto-money free and decentralized.

Yes, bitcoin is now a sustainable currency, it came to stay for a long time and it will be always the number 1 because the bitcoin never stops to update itself, there is always things to improve in its system. However bitcoin isn't the number 1 yet for most part of the world.
Only when the adoption increases bitcoin will be on the top officially and when this happens I'm sure it will be top 1 for a long time.

One thing is true that most people around the world doesn't consider bitcoin to be the number one currency of all time, because very small percentage of people in each country is aware of bitcoin and digital currency. Most consider dollar as the number one currency. As said adoption makes people realize the true fact in the future.

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January 24, 2017, 03:22:45 AM
 #168

since how long has been predicted the end of Bitcoin? at  1 dollar, it was swag; at ten, a bubble about to burst. one hundred, a Ponzi pyramid ...

Until now Bitcoin is always there, it made his way. I have no idea what will be worth a bitcoin in six days, six months or six years, but after more than 2-3 years of observation, I no doubt it gets more sustainability. And even if another system will eventually prevail, Bitcoin is and will always remain the first crypto-money free and decentralized.

Yes, bitcoin is now a sustainable currency, it came to stay for a long time and it will be always the number 1 because the bitcoin never stops to update itself, there is always things to improve in its system. However bitcoin isn't the number 1 yet for most part of the world.
Only when the adoption increases bitcoin will be on the top officially and when this happens I'm sure it will be top 1 for a long time.
In terms of crypto currencies, bitcoin is the number 1 in all part of the world, some does not even know that altcoins has existed. It's number because of our support, not just the system that make it number because it can easy be duplicated if one will do it. This will continue to be number 1 and we have been seeing now how the adoption rate has increased.

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January 24, 2017, 03:56:19 AM
 #169

I think it do not depend the name but it depend on the features and the trust on it. It is the first cryptocurrency coming to the internet and then people started to use it and then they knew that it is the most secure currency out of all other coins and so it is still No.1

Agreed, The features I think why bitcoin became always number digital currency in the world. Aside from it builds a big community all around the world, the concepts too was very unique and helpful to the people in every country who are open into bitcoin.
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January 24, 2017, 04:04:23 AM
 #170

I think bitcoin is always in the top because of the continuous adoption by more people to used bitcoin and also the good intention that bitcoin itself can help more people to increase their revenue for the month by taking bitcoin as other source of income.

Yes, exactly this is the reason why it remains on top of the cryptocurrencies all over, and it is not just because of its nae itself, but the revenue that people gets from it, you can take any other name or make another coin as long as people easily adopt as they adopt bitcoin in this industry, because bitcoin is one of the most used coin, so better make another and do what bitcoin done and one more factor is the decentralized used.
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January 24, 2017, 04:09:43 AM
 #171

Not the name reason, obviously. It is because bitcoin is the first crypto currency, and it has widespread social media exposures, and millions people use bitcoin
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January 24, 2017, 11:25:56 AM
 #172

Bitcoin will always be number one because of bits unique features, it helps a lot of users to make a transaction with no or less fees; fast and easy. It is the great crypto-currency that let us to make real money online just by investing and holding...

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January 24, 2017, 11:51:48 AM
 #173

The main reasons why bitcoin is always be #1 is that many people benefited with its use and can be a sustainable source of financial income which could be exchanged to fiat money. Digital currency type has more advantages rather than earning profits from fiat economy and thats also the reasons of people who value bitcoin crypto currency.
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January 24, 2017, 12:40:34 PM
 #174

The main reasons why bitcoin is always be #1 is that many people benefited with its use and can be a sustainable source of financial income which could be exchanged to fiat money. Digital currency type has more advantages rather than earning profits from fiat economy and thats also the reasons of people who value bitcoin crypto currency.

i agree with this and the important reason for me is bitcoin can help me to make money when i am online with my computer and this will happen too with other peoples. the value of bitcoin giving many people opportunity to do trading with small money and they can have big potential source to make real money.

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January 24, 2017, 12:43:43 PM
 #175

The name is marked to our minds but for others it like "What is that?" It is not the name for most but its usage. Do you really even care what is the name now? As long as it does its job making people anonymous and convenience to others who do transaction internationally then that is what really makes it number 1. That is the real big mark that will last.

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January 24, 2017, 12:57:29 PM
 #176

The reason for that is the simplest. It is the first breakthrough that we had from the past to the present and more likely to the future and it has not proven to disappoint us. Even every other Alts value is being determined in relation to the price of bitcoin. Government is not interested in any other crypto currency except bitcoin, corporations are not considering any other currency except bitcoin, among many numerous reasons why it will always be number 1 crypto currency.
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January 24, 2017, 01:00:53 PM
 #177

i think name doesn't matter the reason that why it is number 1 is that it is the first cryptocurrency ever and people just love this idea of earning and investment like this so i think if its name was other than  it always be popular like this......  
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January 24, 2017, 01:22:16 PM
 #178

The reason for that is the simplest. It is the first breakthrough that we had from the past to the present and more likely to the future and it has not proven to disappoint us. Even every other Alts value is being determined in relation to the price of bitcoin. Government is not interested in any other crypto currency except bitcoin, corporations are not considering any other currency except bitcoin, among many numerous reasons why it will always be number 1 crypto currency.

Now, many are talking about Byteball, which was predicted to become a rival to bitkoina. And even, some say, that he may press has. Although I think press doesn't work and here is a good competitor can get quite crowded. What do you think about it?



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January 24, 2017, 01:26:11 PM
 #179

i think name doesn't matter the reason that why it is number 1 is that it is the first cryptocurrency ever and people just love this idea of earning and investment like this so i think if its name was other than  it always be popular like this......  
It's the number one because it's the original, others are called altcoins and they won't be called that name without the original. It is the leading now in terms of volume because more people trusted bitcoins and I am one of them. I am already seeing a great success of bitcoin and it will certainly help us to be profitable if we make this as our passion.

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January 24, 2017, 01:28:02 PM
 #180

If BU is successful at forking it will be not number 1 anymore for sure as BTC would be nothing more than Paypal 2.0, another alt would update SW, LN and stay small block and highly decentralized. Smiley
Considerint the amount of SegWit nodes in comparison to BU, BU never succeed, It can only forks and become another alt. So Bitcoin remains number 1
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