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Author Topic: The Reason Bitcoin will always be #1  (Read 41474 times)
Raven91
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March 11, 2017, 05:16:19 AM
 #461

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

No other name will be as good.
I don't think so , if the name is the base there are some good names on cryptocurrency  ,Like Zcash ,Doge coin, Cashout .
I think the formost reason why bitcoin remains number 1 because it is the original or the same as the first Digital currency that exist then next is the other cryptocurrency.
True, the reason bitcoin will always be #1 because it is the main crypto. Johnny Dilley even once commented in an interview that most altcoin is fraudulence, and he also thought that the Bitcoin developer could not threatened by this altcoin. Moreover altcoin is part from bitcoin system that was developed, so I think it is impossible if altcoin could be better than bitcoin. So I believe bitcoin will always be #1.
I think there is a sense on what he is saying. Bitcoin as a name made it popular in the cryptoworld. For instance when I share about Bitcoin some of my friends think of it as some kind of web money which is correct, however if I mention Ethereum they think of it as some kind of mineral in the periodic table. Bitcoin is the pioneer when it comes to the crypto world.
I got your point with the name Bitcoin itself. Yes it is something like a cathy word that some people will be curious behind that bitcoins without knowing where it used or exist .Ethereum is too far different from bitcoins but i think there are some altcoin names that are also catchy .But in the end what matters most is bitcoins as it is the father of all Cryptocurrency.
I agree. The major currency of crypto currency is Bitcoin, since it is the oldest of them and it is the only a crypto currency coin whic can be convert into fiat money vice versa.
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March 11, 2017, 05:28:38 AM
 #462

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

No other name will be as good.
I don't think so , if the name is the base there are some good names on cryptocurrency  ,Like Zcash ,Doge coin, Cashout .
I think the formost reason why bitcoin remains number 1 because it is the original or the same as the first Digital currency that exist then next is the other cryptocurrency.
True, the reason bitcoin will always be #1 because it is the main crypto. Johnny Dilley even once commented in an interview that most altcoin is fraudulence, and he also thought that the Bitcoin developer could not threatened by this altcoin. Moreover altcoin is part from bitcoin system that was developed, so I think it is impossible if altcoin could be better than bitcoin. So I believe bitcoin will always be #1.
I think there is a sense on what he is saying. Bitcoin as a name made it popular in the cryptoworld. For instance when I share about Bitcoin some of my friends think of it as some kind of web money which is correct, however if I mention Ethereum they think of it as some kind of mineral in the periodic table. Bitcoin is the pioneer when it comes to the crypto world.
I got your point with the name Bitcoin itself. Yes it is something like a cathy word that some people will be curious behind that bitcoins without knowing where it used or exist .Ethereum is too far different from bitcoins but i think there are some altcoin names that are also catchy .But in the end what matters most is bitcoins as it is the father of all Cryptocurrency.
I agree. The major currency of crypto currency is Bitcoin, since it is the oldest of them and it is the only a crypto currency coin whic can be convert into fiat money vice versa.

Because it was the first crypto currency which was developed and growing stronger day by day. Everyone know the value of Bitcoin and as the market is growing in a gradual way with some volatility, gives the traders a chance to make some profit.

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novemberwoah
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March 11, 2017, 06:28:51 AM
 #463

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

No other name will be as good.
I don't think so , if the name is the base there are some good names on cryptocurrency  ,Like Zcash ,Doge coin, Cashout .
I think the formost reason why bitcoin remains number 1 because it is the original or the same as the first Digital currency that exist then next is the other cryptocurrency.
True, the reason bitcoin will always be #1 because it is the main crypto. Johnny Dilley even once commented in an interview that most altcoin is fraudulence, and he also thought that the Bitcoin developer could not threatened by this altcoin. Moreover altcoin is part from bitcoin system that was developed, so I think it is impossible if altcoin could be better than bitcoin. So I believe bitcoin will always be #1.
I think there is a sense on what he is saying. Bitcoin as a name made it popular in the cryptoworld. For instance when I share about Bitcoin some of my friends think of it as some kind of web money which is correct, however if I mention Ethereum they think of it as some kind of mineral in the periodic table. Bitcoin is the pioneer when it comes to the crypto world.
You right every person who knows crypto or digital currency is certainly the most they know is bitcoin. I think it's natural because crypto created and developed first is bitcoin. So maybe I do not think it's because of the name, but because of the existence of bitcoin as the main crypto, it is the reason bitcoin always be #1. Perhaps you are right there is a sense of what he is saying, maybe he can explained in more detail.
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March 11, 2017, 06:54:02 AM
 #464

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

No other name will be as good.
I don't think so , if the name is the base there are some good names on cryptocurrency  ,Like Zcash ,Doge coin, Cashout .
I think the formost reason why bitcoin remains number 1 because it is the original or the same as the first Digital currency that exist then next is the other cryptocurrency.
True, the reason bitcoin will always be #1 because it is the main crypto. Johnny Dilley even once commented in an interview that most altcoin is fraudulence, and he also thought that the Bitcoin developer could not threatened by this altcoin. Moreover altcoin is part from bitcoin system that was developed, so I think it is impossible if altcoin could be better than bitcoin. So I believe bitcoin will always be #1.
I think there is a sense on what he is saying. Bitcoin as a name made it popular in the cryptoworld. For instance when I share about Bitcoin some of my friends think of it as some kind of web money which is correct, however if I mention Ethereum they think of it as some kind of mineral in the periodic table. Bitcoin is the pioneer when it comes to the crypto world.
I got your point with the name Bitcoin itself. Yes it is something like a cathy word that some people will be curious behind that bitcoins without knowing where it used or exist .Ethereum is too far different from bitcoins but i think there are some altcoin names that are also catchy .But in the end what matters most is bitcoins as it is the father of all Cryptocurrency.
I agree. The major currency of crypto currency is Bitcoin, since it is the oldest of them and it is the only a crypto currency coin whic can be convert into fiat money vice versa.

Because it was the first crypto currency which was developed and growing stronger day by day. Everyone know the value of Bitcoin and as the market is growing in a gradual way with some volatility, gives the traders a chance to make some profit.
That is one of the reason why bitcoin is always the #1 on the top lists because it is stable and it is also volatile on its price so it attracted a lot of traders and investors for bitcoin and it created the markets active and the volume now of bitcoin is now getting bigger and bigger. Bitcoin will be the last coin standing soon because it will eliminate other altcoins if the development in bitcoin will not be abandon.
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March 11, 2017, 03:39:24 PM
 #465

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

No other name will be as good.

I am sure bitcoin's popularity and price is because of the name only. It is because of the path-breaking innovation of block chain technology. Bitcoin is the pioneer crypto currency and the world first known about the block chain technology through the bitcoin only. Being a pioneer, helped bitcoin to scale new heights and not the name. I'm sure there are other cooler names could have been found. But when quality is present in a technology, people never mind the name.
It might that not only the price have made bitcoin number one, and the new technology that it brought to the market played a part in its success, but you can’t deny the fact that the price have made people get more interested in it, because if there is a thing that attracts people is money.
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March 11, 2017, 07:24:54 PM
 #466

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

No other name will be as good.

I am sure bitcoin's popularity and price is because of the name only. It is because of the path-breaking innovation of block chain technology. Bitcoin is the pioneer crypto currency and the world first known about the block chain technology through the bitcoin only. Being a pioneer, helped bitcoin to scale new heights and not the name. I'm sure there are other cooler names could have been found. But when quality is present in a technology, people never mind the name.
It might that not only the price have made bitcoin number one, and the new technology that it brought to the market played a part in its success, but you can’t deny the fact that the price have made people get more interested in it, because if there is a thing that attracts people is money.
yes i think the facilities that bitcoin is providing us is making it number one currency, i think in future we can hope that bitcoin will be more and more convenient to us. and that is the reason that bitcoin is becoming more and more popular.
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March 12, 2017, 03:45:46 AM
 #467

We do not believe Bitcoin is a good name...especially for a currency that tries to replace the current monetary system.
The name of the coins is irrelevant since it is the protocol that matter, however if bitcoin was called something like bitdollar then you can bet there could have been trouble with the US governments because of that.
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March 12, 2017, 03:48:55 AM
 #468

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

No other name will be as good.

I am sure bitcoin's popularity and price is because of the name only. It is because of the path-breaking innovation of block chain technology. Bitcoin is the pioneer crypto currency and the world first known about the block chain technology through the bitcoin only. Being a pioneer, helped bitcoin to scale new heights and not the name. I'm sure there are other cooler names could have been found. But when quality is present in a technology, people never mind the name.
It might that not only the price have made bitcoin number one, and the new technology that it brought to the market played a part in its success, but you can’t deny the fact that the price have made people get more interested in it, because if there is a thing that attracts people is money.
yes i think the facilities that bitcoin is providing us is making it number one currency, i think in future we can hope that bitcoin will be more and more convenient to us. and that is the reason that bitcoin is becoming more and more popular.
Actually, there are some altcoins that are even better than bitcoin and I could honestly say that bitcoin is a bit backwards regarding of its feature if I compare to the altcoins have ever existed. Altcoins are existed to compete for bitcoin means it's supposed to have more features and meanwhile bitcoin is the first cryptocurrency and the first inventor of its feature, the altcoins just developing the features that have already existed to be even better. And it proves that the feature doesn't make the coin number #1, just the people could make it.

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March 12, 2017, 04:49:32 AM
 #469

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

No other name will be as good.

I am sure bitcoin's popularity and price is because of the name only. It is because of the path-breaking innovation of block chain technology. Bitcoin is the pioneer crypto currency and the world first known about the block chain technology through the bitcoin only. Being a pioneer, helped bitcoin to scale new heights and not the name. I'm sure there are other cooler names could have been found. But when quality is present in a technology, people never mind the name.
It might that not only the price have made bitcoin number one, and the new technology that it brought to the market played a part in its success, but you can’t deny the fact that the price have made people get more interested in it, because if there is a thing that attracts people is money.
yes i think the facilities that bitcoin is providing us is making it number one currency, i think in future we can hope that bitcoin will be more and more convenient to us. and that is the reason that bitcoin is becoming more and more popular.
Actually, there are some altcoins that are even better than bitcoin and I could honestly say that bitcoin is a bit backwards regarding of its feature if I compare to the altcoins have ever existed. Altcoins are existed to compete for bitcoin means it's supposed to have more features and meanwhile bitcoin is the first cryptocurrency and the first inventor of its feature, the altcoins just developing the features that have already existed to be even better. And it proves that the feature doesn't make the coin number #1, just the people could make it.
Then if  there is altcoin that is existing that is better than bitcoin then why you didn't say its name or share some experience with that altcoin? I believe that the altcoins are just copy cats because they just stole bitcoin's or satoshi nakamoto's idea in bitcoin to be able to create another crypto currency. Just tell us what is the name of the altcoin that you are saying that is better than bitcoin because it will be much appreciated Grin.
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March 12, 2017, 05:34:50 AM
 #470

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

No other name will be as good.

Bitcoin was always the best for me, I remembered that some of the community in this industry, said there is an altcoin existing that better than bitcoin, when I read it, I just smiled how could that be happen because only bitcoin has the highest value in crypto currency, when was happen that the master piece(altcoins) become greater than to creator which is bitcoin. All the features of bitcoin majority of it was  copied by the altcoin. Smiley
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March 12, 2017, 05:41:02 AM
 #471

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

No other name will be as good.

Bitcoin was always the best for me, I remembered that some of the community in this industry, said there is an altcoin existing that better than bitcoin, when I read it, I just smiled how could that be happen because only bitcoin has the highest value in crypto currency, when was happen that the master piece(altcoins) become greater than to creator which is bitcoin. All the features of features majority of it was a copied by the altcoin. Smiley
Well you are right for now or you will be even right for many years but not forever. Right now people especially the Bitcoin users only see the cryptocurrency world can only entertain one superior currency which is Bitcoin. Can you imagine having 2 cryptocurrencies competing to be #1? If that happened it will be the fall of the both of them because the small demand for cryptocurrency would be split in half.
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March 12, 2017, 05:57:45 AM
 #472

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

No other name will be as good.

I am sure bitcoin's popularity and price is because of the name only. It is because of the path-breaking innovation of block chain technology. Bitcoin is the pioneer crypto currency and the world first known about the block chain technology through the bitcoin only. Being a pioneer, helped bitcoin to scale new heights and not the name. I'm sure there are other cooler names could have been found. But when quality is present in a technology, people never mind the name.
It might that not only the price have made bitcoin number one, and the new technology that it brought to the market played a part in its success, but you can’t deny the fact that the price have made people get more interested in it, because if there is a thing that attracts people is money.
yes i think the facilities that bitcoin is providing us is making it number one currency, i think in future we can hope that bitcoin will be more and more convenient to us. and that is the reason that bitcoin is becoming more and more popular.
Actually, there are some altcoins that are even better than bitcoin and I could honestly say that bitcoin is a bit backwards regarding of its feature if I compare to the altcoins have ever existed. Altcoins are existed to compete for bitcoin means it's supposed to have more features and meanwhile bitcoin is the first cryptocurrency and the first inventor of its feature, the altcoins just developing the features that have already existed to be even better. And it proves that the feature doesn't make the coin number #1, just the people could make it.
Then if  there is altcoin that is existing that is better than bitcoin then why you didn't say its name or share some experience with that altcoin? I believe that the altcoins are just copy cats because they just stole bitcoin's or satoshi nakamoto's idea in bitcoin to be able to create another crypto currency. Just tell us what is the name of the altcoin that you are saying that is better than bitcoin because it will be much appreciated Grin.
I don't want to mention those because it's ain't altcoin discussion. Technology keeps on growing and the older one will always be developed or replaced for better purpose, don't be close minded person, there's so damn much altcoin comparison that's written either in form of discussion or article and yet those altcoins still have its own unique feature that keeps it different from other and indirectly making some sort of border.
And you're definitely wrong generalising that all of the altcoins is copycats of bitcoin whereas there's still some or I could say pretty decent amount of altcoins have been released recently building up its own system from scratch.
Have you seen the difference between ethereum and bitcoin? I guess not.

Note: Bitcoin is open source, there's no such thing as someone stealing satoshi's idea while satoshi himself published the source code and the definition of open source is: nobody owns or controls Bitcoin and everyone can take part.

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chixka000
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March 12, 2017, 05:59:04 AM
 #473

Simple. It is the father of all crpyto currency. The most used most known and the highest price in the market. A larger community and a huge support from developers so i would ask you why bitcoin?
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March 12, 2017, 06:07:33 AM
 #474

Simple. It is the father of all crpyto currency. The most used most known and the highest price in the market. A larger community and a huge support from developers so i would ask you why bitcoin?
To answers your arguments:

- high price - if you released altcoin and are dedicated to keeping price high then it can be done, you just need to be very rich and lose money in the process.
- adoption and popularity - these factors usually are key to success o a coin and can't be easily faked
- developers support - at this point and after all this scaling debate drama I don't think that bitcoin is receiving as much support from its developers as necessary
 


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March 12, 2017, 07:48:57 AM
 #475

Simple. It is the father of all crpyto currency. The most used most known and the highest price in the market. A larger community and a huge support from developers so i would ask you why bitcoin?
To answers your arguments:

- high price - if you released altcoin and are dedicated to keeping price high then it can be done, you just need to be very rich and lose money in the process.
- adoption and popularity - these factors usually are key to success o a coin and can't be easily faked
- developers support - at this point and after all this scaling debate drama I don't think that bitcoin is receiving as much support from its developers as necessary
 
Maybe I'm not very knowledgeable person, but I'm always convinced that man is guided by the desire to make good money. Therefore, the goal of bitcoin developers was not only the creation of a blockchain, but also good money. In principle, they succeeded and although the ultimate goal has not yet been reached, the price of bitcoin is growing.
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March 12, 2017, 09:48:44 AM
 #476

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

No other name will be as good.

I dont belive its because its name , but more than it was the first of its kind, and it is what it counts , be the first
Bitcoin was the first crypto ever , no1 , like LTC, DASH, ETH first of their algo kind, top ranking on marketcap
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March 12, 2017, 10:21:22 AM
 #477

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

No other name will be as good.

I dont belive its because its name , but more than it was the first of its kind, and it is what it counts , be the first
Bitcoin was the first crypto ever , no1 , like LTC, DASH, ETH first of their algo kind, top ranking on marketcap
You are right,all is on its first not only on the name but the uniqueness of the service that it gives to people.It would be always considered as number one on cryptocurrency even how many coins are being created.
Value would really a good indication as it remain on the top spot.I do have high hopes for bitcoin and for sure all users are thinking the same thing too.

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March 12, 2017, 10:50:46 AM
 #478

One of the most important factors for bitcoin's success in wide adoption (and to remain 1st crypto) is to convince regular people that it bring any value for them. By 'regular' I mean no BTC/crypto enthusiasts, but people who would change some of their daily habits to start using BTC. I think, that at the moment most of the BTC market volume is being generated by speculative transactions and yes, on that field Bitcoin has a great potential. However I am a bit afraid if BTC will go out of it's actual niche, because of the network limitations (mostly related to transaction speed and fees)  Undecided
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March 12, 2017, 11:06:38 AM
 #479

Bitcoin has the first mover advantage. It is the first of its generation, has the most hashing power (infrastructure). Moreover according to me idea of Satoshi Nakamoto as the anonymous, mysterious figure behind it makes it more popular.
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March 12, 2017, 11:41:41 AM
 #480

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

No other name will be as good.
What's in name?I think bitcoin is best,besides some of its flaws,because there is no other crypto better than it and if we dont have something better, we consider the available thing better.
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