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Author Topic: The Reason Bitcoin will always be #1  (Read 41474 times)
g83
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April 12, 2017, 04:55:39 PM
 #561

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

No other name will be as good.
By this time yes i think about this thing too,that no other crypto currency will replace bitcoins by this time,But will it remain as is forever?Bitcoins maybe beaten up by more cyrptocurrency that will be launch in the future,Bitcoins will just survive if they are able to go with the flow of developing age.But yet still bitcoins will be worlds number 1 cryptocurrency up to date

There is a possibility that bitcoin can get replaced by any other currency in future only if the new currency would be holding better benefits then bitcoin and if that happens then people will surely switch to that currency leaving bitcoins behind.

This is harsh but undeniably true! There is a possibility. This is unavoidable if bitcoin will not evolve and improve itself. For example, the elapsed time in order to confirm transactions. If the confirmation will take long, then others may use alternatives such as using fiat (especially if the transaction is a face to face payment). The confirmation time of transactions is impractical today because people prefer instant. If a new currency will adopt the characteristics of bitcoin and then implements the improvements (such as the one mentioned earlier), the tendency is for people to shift from bitcoin to the new one.

Yes delay in confirmation time is an major issue at a moment and even the fees have gone higher so if new currency will have less fees and instant confirmation then it will take no time for people to leave bitcoins behind and adopt the new currency.
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April 12, 2017, 05:29:22 PM
 #562

It's the pioneer, and a huge number of supporters.
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April 12, 2017, 05:39:30 PM
 #563

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

No other name will be as good.
By this time yes i think about this thing too,that no other crypto currency will replace bitcoins by this time,But will it remain as is forever?Bitcoins maybe beaten up by more cyrptocurrency that will be launch in the future,Bitcoins will just survive if they are able to go with the flow of developing age.But yet still bitcoins will be worlds number 1 cryptocurrency up to date

There is a possibility that bitcoin can get replaced by any other currency in future only if the new currency would be holding better benefits then bitcoin and if that happens then people will surely switch to that currency leaving bitcoins behind.

This is harsh but undeniably true! There is a possibility. This is unavoidable if bitcoin will not evolve and improve itself. For example, the elapsed time in order to confirm transactions. If the confirmation will take long, then others may use alternatives such as using fiat (especially if the transaction is a face to face payment). The confirmation time of transactions is impractical today because people prefer instant. If a new currency will adopt the characteristics of bitcoin and then implements the improvements (such as the one mentioned earlier), the tendency is for people to shift from bitcoin to the new one.

Yes delay in confirmation time is an major issue at a moment and even the fees have gone higher so if new currency will have less fees and instant confirmation then it will take no time for people to leave bitcoins behind and adopt the new currency.

Actually, it will take some time. Obviously bitcoin will not let anything surpass its capability so if a new type of cryptocurrency emerges and coped  with the issues that bitcoin is facing, bitcoin will have the effort of improving itself. This time, a competition will emerge and bitcoin will not let its competitor win. So if bitcoin attained the lower fees and the instant confirmation then bitcoin will remain as the victor but if bitcoin was not able to attain the lower fees and the instant confirmation then bitcoin will harshly drop and the new one may prevail.

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April 12, 2017, 07:27:13 PM
 #564

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

No other name will be as good.
By this time yes i think about this thing too,that no other crypto currency will replace bitcoins by this time,But will it remain as is forever?Bitcoins maybe beaten up by more cyrptocurrency that will be launch in the future,Bitcoins will just survive if they are able to go with the flow of developing age.But yet still bitcoins will be worlds number 1 cryptocurrency up to date

There is a possibility that bitcoin can get replaced by any other currency in future only if the new currency would be holding better benefits then bitcoin and if that happens then people will surely switch to that currency leaving bitcoins behind.

This is harsh but undeniably true! There is a possibility. This is unavoidable if bitcoin will not evolve and improve itself. For example, the elapsed time in order to confirm transactions. If the confirmation will take long, then others may use alternatives such as using fiat (especially if the transaction is a face to face payment). The confirmation time of transactions is impractical today because people prefer instant. If a new currency will adopt the characteristics of bitcoin and then implements the improvements (such as the one mentioned earlier), the tendency is for people to shift from bitcoin to the new one.

Yes delay in confirmation time is an major issue at a moment and even the fees have gone higher so if new currency will have less fees and instant confirmation then it will take no time for people to leave bitcoins behind and adopt the new currency.

Actually, it will take some time. Obviously bitcoin will not let anything surpass its capability so if a new type of cryptocurrency emerges and coped  with the issues that bitcoin is facing, bitcoin will have the effort of improving itself. This time, a competition will emerge and bitcoin will not let its competitor win. So if bitcoin attained the lower fees and the instant confirmation then bitcoin will remain as the victor but if bitcoin was not able to attain the lower fees and the instant confirmation then bitcoin will harshly drop and the new one may prevail.

With improving speed of internet people want that everything should be done fast and no one will like to wait for hours and hours for single transaction so if this issue is not resolved soon then bitcoin will start loosing its user for sure.

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April 12, 2017, 07:53:33 PM
 #565

***
With improving speed of internet people want that everything should be done fast and no one will like to wait for hours and hours for single transaction so if this issue is not resolved soon then bitcoin will start loosing its user for sure.

I don't know when those stuipid BTC maxymalist will woke up ?
http://coinmarketcap.com/charts/#btc-percentage

Then need BTC @20% dominnace to get that BTC with current shape without any cool changes will fade Cheesy ?
Maxymalist tells people shit that BTC will take all best from alts and adopt - Realy ?
There is 2 years and no impromets were made.
On one side we have Core devs with segwit,
on 2nd side we have Asic king who want bigger blocks to produce all time NEW MINERS Cheesy...
fees are smal factor i think + asicboost tech. drama.

From my perspective BTC is showing bigggg weakens and tht weakens is shown on dominance chart.

Man if BTC will stuck more where it is now it will be #1 bu sucker of crypto because it will lose most market to alts who doesn't care about politics they move forward.

https://bitinfocharts.com/comparison/transactions-btc-eth-dash-ltc.html
Eth,LTC don't give a fuck to BTC drama anyway looks like ETH will be 1st new king on the hill.
BTC is falling in transaction while ETH is eating BTC customers.
Look like free market found scale solution this is altcoin ETH
Look like band have reversed BTC from transaction problems same time ETH jumped in transaction.
Looks like LTC will jump on party with segwit and BTC will be looser if they won't work together.
Really nice

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April 12, 2017, 08:39:34 PM
 #566

Bitcoin is number one crypto currency at a moment but it doesn't promise us that it will maintain the same position even in future as if it fails to benefit its users and if users finds some other currency then bitcoin will loose all its fame and its position and will fall back.
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April 12, 2017, 09:06:46 PM
 #567

Bitcoin will always be the number 1 for me in any cryptocurrency. Though its price is fluctuating it proves that bitcoin grows daily and I beleive it has a good future. So bitcoin will always be number 1 because this helps me through financial needs, I earn through bitcoin.

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April 12, 2017, 09:19:56 PM
 #568

Bitcoin will always be the number 1 for me in any cryptocurrency. Though its price is fluctuating it proves that bitcoin grows daily and I beleive it has a good future. So bitcoin will always be number 1 because this helps me through financial needs, I earn through bitcoin.

Yes bitcoin is providing us an helping hands to earn more money with it and it is growing like anything at a moment and in future it will hold much higher price when its demand will reach to the highest point.
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April 12, 2017, 09:26:47 PM
 #569

Bitcoin will always be the number 1 for me in any cryptocurrency. Though its price is fluctuating it proves that bitcoin grows daily and I beleive it has a good future. So bitcoin will always be number 1 because this helps me through financial needs, I earn through bitcoin.

Same, I also love Bitcoin because it give us opportunity to earn money even if we are only a student. It helps a lot in terms of our financial needs. In addition, Bitcoin awakens my mindset about how to spend money wisely. How to earn them on my own. What are the ways I can make in order for me to capitalize my time and don't waste it in other wasteful stuffs, etc.

The fact that more and more companies are accepting it and the demand is getting higher and higher and so with the price. That's what makes Bitcoin the No. 1 Crypto- currency around.

 
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April 12, 2017, 10:11:07 PM
 #570

Bitcoin will always be the number 1 for me in any cryptocurrency. Though its price is fluctuating it proves that bitcoin grows daily and I beleive it has a good future. So bitcoin will always be number 1 because this helps me through financial needs, I earn through bitcoin.

Same, I also love Bitcoin because it give us opportunity to earn money even if we are only a student. It helps a lot in terms of our financial needs. In addition, Bitcoin awakens my mindset about how to spend money wisely. How to earn them on my own. What are the ways I can make in order for me to capitalize my time and don't waste it in other wasteful stuffs, etc.

The fact that more and more companies are accepting it and the demand is getting higher and higher and so with the price. That's what makes Bitcoin the No. 1 Crypto- currency around.

Yeah and bitcoin is number 1 and it will always be number 1 crypto currency in future as there will be many companies that will start implementing bitcoins and that will take its price to even higher level in future.
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April 13, 2017, 12:24:28 AM
 #571

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

No other name will be as good.

Bitcoin is always be number one not because of the name but because other companies supports bitcoin. Thats the main reason. Even thou the price of bitcoin will drop to 100$ for instance, companies will still accept bitcoin as a mode of payment. Because bitcoin is so popular.
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April 13, 2017, 02:17:55 AM
 #572

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

No other name will be as good.

Bitcoin is always be number one not because of the name but because other companies supports bitcoin. Thats the main reason. Even thou the price of bitcoin will drop to 100$ for instance, companies will still accept bitcoin as a mode of payment. Because bitcoin is so popular.
Yes true, many companies that support such bitcoin wallet, casino sites, and of course this forum. All supporting the bitcoin making bitcoin continues to popular, but I'm sure if one day there is a coin that can beat bitcoin.
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April 13, 2017, 03:05:30 AM
 #573

I Don't really know the reason why the bitcoin is the number 1 currency in the market but as we all know ..,
The bitcoin is the first successful virtual currency so in there success many people continue using it as there virtual currency.,
Because of the people who use it ,it become popular and that's why its no. 1 ..
So other coins are just copy it to also gets success there are some alt coins that somehow get successful but we know that the bitcoin is the first .
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April 13, 2017, 03:59:06 AM
 #574

Bitcoin is number one crypto currency at a moment but it doesn't promise us that it will maintain the same position even in future as if it fails to benefit its users and if users finds some other currency then bitcoin will loose all its fame and its position and will fall back.

For me bitcoin would be always the number 1 and would still hold its position as the superior amongst all of the Altcoin here in the cryptocurrency world. Though it is possible that it could be replace by another coin, but, the new coin would need to be more advantage than bitcoin, that is more solid than bitcoin, that is more valuable tan bitcoin, becuase if it is not, then it would be like the other Altcoins out there that has ben eliminated in the crypto world because no one is using it.  
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April 13, 2017, 05:49:40 AM
 #575

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

No other name will be as good.
because of the name? i think no, the reason why bitcoin #1 altcoin is because easy to use, no hassle, no verification required for transactions, and the popular for payment method like gpt site, gambling site and etc.

One thing I want to make it clear that bitcoin is not an altcoin and bitcoin holds its own identity and altcoins are small babies of bitcoin and when it comes to digital currency bitcoin is the best as it holds multiple features which you will never see with any other altcoin or fiat currency.
There is a sense on what he have said, as what CoinThinker said Bitcoin is an identity in which made it successful. If you ask one person if they know Bitcoin and Ethereum chances are they might only know what Bitcoin is and they would think Ethereum as some kind of rare earth metal. An Identity just like any other corporations is well valued by its owners that is why they register it as a Trade Mark so that they can protects its name (eg. Windows, Apple). In Bitcoin they have started the waves of new Altcoin there won't even be any "Alternative Coin" if there is no Bitcoin from the start. Bitcoin is not even the best Cryptocurrency now as there is new and new Altcoins everyday who gives better technology but too bad Bitcoin's advantage is that it is the most popular Cryptocurrency out there.

ah ok i understand a word alternative coins sounds like alternative money to me a money from internet,  I am new in bitcoin world.  thanks for clearing.
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April 13, 2017, 06:57:01 AM
 #576

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

No other name will be as good.
because of the name? i think no, the reason why bitcoin #1 altcoin is because easy to use, no hassle, no verification required for transactions, and the popular for payment method like gpt site, gambling site and etc.

One thing I want to make it clear that bitcoin is not an altcoin and bitcoin holds its own identity and altcoins are small babies of bitcoin and when it comes to digital currency bitcoin is the best as it holds multiple features which you will never see with any other altcoin or fiat currency.
There is a sense on what he have said, as what CoinThinker said Bitcoin is an identity in which made it successful. If you ask one person if they know Bitcoin and Ethereum chances are they might only know what Bitcoin is and they would think Ethereum as some kind of rare earth metal. An Identity just like any other corporations is well valued by its owners that is why they register it as a Trade Mark so that they can protects its name (eg. Windows, Apple). In Bitcoin they have started the waves of new Altcoin there won't even be any "Alternative Coin" if there is no Bitcoin from the start. Bitcoin is not even the best Cryptocurrency now as there is new and new Altcoins everyday who gives better technology but too bad Bitcoin's advantage is that it is the most popular Cryptocurrency out there.

ah ok i understand a word alternative coins sounds like alternative money to me a money from internet,  I am new in bitcoin world.  thanks for clearing.
I also still new in the world, the most important is bitcoin we often ask about all things about bitcoin here.

I think, the number # 1 bitcoin is a multi function such as Bill payment, online purchases, and long term investment.
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April 13, 2017, 07:18:54 AM
 #577

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

No other name will be as good.
because of the name? i think no, the reason why bitcoin #1 altcoin is because easy to use, no hassle, no verification required for transactions, and the popular for payment method like gpt site, gambling site and etc.

One thing I want to make it clear that bitcoin is not an altcoin and bitcoin holds its own identity and altcoins are small babies of bitcoin and when it comes to digital currency bitcoin is the best as it holds multiple features which you will never see with any other altcoin or fiat currency.
There is a sense on what he have said, as what CoinThinker said Bitcoin is an identity in which made it successful. If you ask one person if they know Bitcoin and Ethereum chances are they might only know what Bitcoin is and they would think Ethereum as some kind of rare earth metal. An Identity just like any other corporations is well valued by its owners that is why they register it as a Trade Mark so that they can protects its name (eg. Windows, Apple). In Bitcoin they have started the waves of new Altcoin there won't even be any "Alternative Coin" if there is no Bitcoin from the start. Bitcoin is not even the best Cryptocurrency now as there is new and new Altcoins everyday who gives better technology but too bad Bitcoin's advantage is that it is the most popular Cryptocurrency out there.

ah ok i understand a word alternative coins sounds like alternative money to me a money from internet,  I am new in bitcoin world.  thanks for clearing.
I also still new in the world, the most important is bitcoin we often ask about all things about bitcoin here.

I think, the number # 1 bitcoin is a multi function such as Bill payment, online purchases, and long term investment.
There is a lot of altcoins that can do that also like paying the bills online and paying your online purchases with an altcoin but the only thing that altcoins can't do is the long term investment, yes, we know that other altcoin is good for long term investment but they can't surpass bitcoin for that because just look at the price history of the bitcoin using candlestick chart and you will see a big jump from low price to a high price like this.
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April 13, 2017, 08:00:09 AM
 #578

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

No other name will be as good.
i think yes "Bitcoin" is very awesome and attractive name but the cause of being number first is because of trusted features,and also majority of people are using it and it is very secure currency and also it was the first currency of the online world.
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April 13, 2017, 08:12:34 AM
 #579

The reason bitcoin will be always be number one is because of its  thousands loyal users. Bitcoin is now used by many companies. Gambling, services, and buying or selling of goods. Its the first made cryptocurrency so definitely it has to be the number one.

The continuous flow of it's market and money that is coming in to bitcoin makes it to become always to be the number 1. And it is the first crypto currency that was introduce, those next alt coins that came out eventually got the idea of it. This is the most popular coin that is going to make it always the number #1.
We can see what how much is their is the different from bitcoin and altcoins in the coinscapmarket.
Bitcoin as of the moment is $19,613,123,089 while the number 1 altcoin which is ether is 2nd with $3,931,294,37,
that is a huge disparity and we can clearly see bitcoin is the number 1 and it can beat all altcoins combined.

Well that just show that bitcoin is the best. It is being trusted by a lot of people, investor and businessmen. And I'm comfortable that bitcoin will remain it's spot for the rest of our lives. Being the original and source of the alt coins, we can also see that it keeps on growing day by day. Once the problems about the blocks will be solved, this will make it more stable.

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April 13, 2017, 08:53:50 AM
 #580

The reason bitcoin will be always be number one is because of its  thousands loyal users. Bitcoin is now used by many companies. Gambling, services, and buying or selling of goods. Its the first made cryptocurrency so definitely it has to be the number one.

The continuous flow of it's market and money that is coming in to bitcoin makes it to become always to be the number 1. And it is the first crypto currency that was introduce, those next alt coins that came out eventually got the idea of it. This is the most popular coin that is going to make it always the number #1.
We can see what how much is their is the different from bitcoin and altcoins in the coinscapmarket.
Bitcoin as of the moment is $19,613,123,089 while the number 1 altcoin which is ether is 2nd with $3,931,294,37,
that is a huge disparity and we can clearly see bitcoin is the number 1 and it can beat all altcoins combined.

Well that just show that bitcoin is the best. It is being trusted by a lot of people, investor and businessmen. And I'm comfortable that bitcoin will remain it's spot for the rest of our lives. Being the original and source of the alt coins, we can also see that it keeps on growing day by day. Once the problems about the blocks will be solved, this will make it more stable.

I think you are right. Even if an altcoin was better in some regards only a small number of specialists would understand that, and regular people would prefer to use Bitcoin anyway. If Bitcoin will avoid major problems in the future, and hopefully it will, it will be #1 for a long long time. if not always.

Look how long it takes to convince people that Bitcoin is in many regards better than USD. That's because people are hesitant to accept anything new however good it was. Same will be happening with any altcoin no matter how many advantages the altcoin has.

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