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Author Topic: The Reason Bitcoin will always be #1  (Read 41474 times)
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May 10, 2017, 10:49:04 AM
 #741

It's not the name, but the advantages that the crypto currency can provide, and you can always create something more perfect than bitcoin.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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May 10, 2017, 11:00:10 AM
 #742

It's not the name, but the advantages that the crypto currency can provide, and you can always create something more perfect than bitcoin.

It's not about being perfect, it's about being popular. Most of the population don't even know about altcoins. They only know Bitcoin and it is a Bitcoin universe. Hope to get segwit soon for bitcoin and less problems in transactions.

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May 10, 2017, 12:10:54 PM
 #743

I wouldn't even say it's just from the name itself, it's from everything that Bitcoin has done and it's from being in the marketplace for innovation. It's just like the person who hits any market first is able to get brand name and loyalty from people to be able to control the market, so even if new innovations come along it won't hold such a high hold on people. Looking at Ether, it has such wonderful innovations when it comes to the coin itself but BITCOIN WAS FIRST.

If Bitcoin does innovate, they'll be able to put an even higher hold in the #1 position they so dearly hold.




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May 10, 2017, 12:25:31 PM
 #744

maybe because it has a good name. for me the biggest factor that bitcoin will always be number one because. it is the one who makes a loud noise in the world of online crypto currency. im not sure if it is the first but it is the noisest. many people now uses online currencies. but the majority of it uses bitcoin even if there are also alt coins.
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May 10, 2017, 12:43:18 PM
 #745

maybe because it has a good name. for me the biggest factor that bitcoin will always be number one because. it is the one who makes a loud noise in the world of online crypto currency. im not sure if it is the first but it is the noisest. many people now uses online currencies. but the majority of it uses bitcoin even if there are also alt coins.

All things that bind bitcoin are based on the amount of volume they have, in this case bitcoin does come first and altcoin then appears as a loyal follower in hope that it will also be able to shake up more volume, but on the other side they cannot move independently because depending on bitcoin exchange of, but there are some great competitors in altcoin who have started proving themselves attracting enthusiasts as happened on eth/etc
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May 10, 2017, 02:45:23 PM
 #746

Bitcoin is a pioneer of cryptocoin that has performed very popular in technology world. Make a measure of exchange rates with altcoin. And that's one cause bitcoin will be in front.
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May 10, 2017, 03:09:52 PM
 #747

The reason for me that bitcoin will always be number 1 is the number or volume of the users and also in the market of bitcoin, there is already big volume in bitcoin so i think it is enough for bitcoin to be strong and stay at being top cryptocurrency in the whole market.

R


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May 10, 2017, 05:12:19 PM
 #748

Unless btc finds a use case (apart from being a save haven asset which is silly) it will not remain number 1
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May 10, 2017, 05:39:41 PM
 #749

Ask this question after the quantum computers are on everybodys desktop. Nothing last forever.
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May 10, 2017, 05:49:36 PM
 #750

Its a viral virtual currency controlled by the users spending/using this crypto-currency,
it's impossible to stop.

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May 10, 2017, 05:53:55 PM
 #751

Bitcoin is an internet currency with less a fee of the transaction. It mostly covers all internet marketplace and its popularity over the worldwide.
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May 11, 2017, 05:59:38 AM
 #752

Should we start listing the reasons bitcoin will fail? It can't be updated, making it impossible to adapt. I could give you a long lists of ways it can't adapt but I doubt any in this forum will listen. I just hope when there are 1 million unprocessed transactions and enough double spend scams, btc doesn't bring down the whole cryptocurrency market.

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May 11, 2017, 06:00:49 AM
 #753

Ask this question after the quantum computers are on everybodys desktop. Nothing last forever.

I doubt btc will live that long but it couldn't survive quantum computers for sure. They will decrypt it in minutes.

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May 11, 2017, 10:40:28 AM
 #754

Ask this question after the quantum computers are on everybodys desktop. Nothing last forever.

I doubt btc will live that long but it couldn't survive quantum computers for sure. They will decrypt it in minutes.
As long as there is community that continue supporting bitcoin then bitcoin can live for a long time because it is all about the support for the bitcoin, in market, in the network and also for the minor parts of bitcoin. It just need support and if bitcoin will have a continuous support then there is nothing to worry about the life span of bitcoin.
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May 11, 2017, 10:49:24 AM
 #755

Actually the main reason is that Bitcoin is the first cyrpto who introduce the cyrpto currency and tell to the world's people that is Bitcoin.
Than people started to trust it and use it and make money than continuously they are prefer the bitcoin to others. Even we see many other crypto currencies have come but people like and prefer bitcoin to other crypto.
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May 12, 2017, 07:19:47 AM
 #756

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

No other name will be as good.

Bitcoin wil be and always be number 1 because it has been tried and tested through out the time. Having witnesses of people together with the things they have brought as a proof that Bitcoin is true.
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May 12, 2017, 09:12:54 AM
 #757

The reason Bitcoin will always be number one is because nothing beats the original. Bitcoin is the first cryptocurrency which makes it the "Mother of All Digital Coins". It will be the basis of the other coins that will exists in the market and will always look up to Bitcoin.
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May 12, 2017, 09:18:10 AM
 #758

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

No other name will be as good.

you are all right! I also think that people know the bitcoin as only digital coin!
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May 12, 2017, 09:26:26 AM
 #759

The reason Bitcoin will always be number one is because nothing beats the original. Bitcoin is the first cryptocurrency which makes it the "Mother of All Digital Coins". It will be the basis of the other coins that will exists in the market and will always look up to Bitcoin.
However things grow better without base we could have never got such an innovation. So as quoted bitcoin serving to be the mother of cryptocurrencies will always lead the track. This you can confirm through the increased price as well the increased users for the same compared to many other altcoins.

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Meowth05
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May 12, 2017, 09:37:12 AM
 #760

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

No other name will be as good.

Bitcoin wil be and always be number 1 because it has been tried and tested through out the time. Having witnesses of people together with the things they have brought as a proof that Bitcoin is true.
Indeed, for me bitcoin will be always become number 1 and I think the name "bitcoin" is not bad. Bitcoin becames number1 because of its unbeatable price and because of its volume. Bitcoin is convinient and it is easy to use thus it is patronize by people to use.

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