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Author Topic: The Reason Bitcoin will always be #1  (Read 41474 times)
hawkins
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June 03, 2017, 04:36:42 PM
 #881

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
This technology will always be developed and will always have something new. I am so sure, that in the future, bitcoin will be a currency with a very high price and has a fast transaction speed.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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June 03, 2017, 04:41:44 PM
 #882

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
Bitcoin was never 100% free to use. If you send money you need to pay tx fee. There is a saying: if something is free then you are the product.
Blockchain technology is no longer unique concept and anyone can create their version of coin. BTC acceptance compared to other coins is great.
But still totally insignificant compared to Visa/Mastercard or PayPal acceptance. I fully agree with security of a chain though.
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June 03, 2017, 04:49:44 PM
 #883

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
No, i don't think bitcoins is free payment there is fees transaction to sending bitcoins remember it
it makes bitcoins be difficult to be currency, bitcoins is not nice for small payment.
Bitcoins will always be number one because of bitcoins is new gold and it is more good than real gold.
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June 04, 2017, 03:58:03 AM
 #884

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

No other name will be as good.
No. The reason bitcoin was number 1 is wasn't for the name because there are a whole a lot bunch of cryptocurrency which had sexiest than bitcoin. Meanwhile, bitcoin was number 1 because it clears people  doubt toward cryptocurrency, it was use worldwide and it also bring more money into peoples pocket each time they hold it.

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June 04, 2017, 04:23:26 AM
 #885

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
Bitcoin was never 100% free to use. If you send money you need to pay tx fee. There is a saying: if something is free then you are the product.
Blockchain technology is no longer unique concept and anyone can create their version of coin. BTC acceptance compared to other coins is great.
But still totally insignificant compared to Visa/Mastercard or PayPal acceptance. I fully agree with security of a chain though.
Agreed, when use Bitcoin we need spend a small fee transactions to miners for confirm my transactions hash, but if you want confirm fast, need spend more fee Wink
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June 04, 2017, 05:22:29 AM
 #886

Simple, bitcoin is always the number 1 because it is the pioneer cryptocurrency. People trusted those coin already and almost all cryptos are peg on bitcoin in all crypto exchanges. Besides, It has a large follower already.

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June 04, 2017, 05:52:13 AM
 #887

Simple, bitcoin is always the number 1 because it is the pioneer cryptocurrency. People trusted those coin already and almost all cryptos are peg on bitcoin in all crypto exchanges. Besides, It has a large follower already.
Right, bitcoin is the first digital currency created by nakamoto satosi and became the core of the manufacture of digital currencies and other cryptocurrns. That fact will make bitcoin always be # 1
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June 04, 2017, 05:57:30 AM
 #888

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
The bitcoin i know is not a free payment system Tongue the main reason for bitcoin to always rule is that it showed the path for others to follow and craved a path for a wider market and it changed how people view economics and conventional trading,some alt coins are trying to follow bitcoin and the race will continue for a long time.
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June 04, 2017, 06:04:36 AM
 #889

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
The bitcoin i know is not a free payment system Tongue the main reason for bitcoin to always rule is that it showed the path for others to follow and craved a path for a wider market and it changed how people view economics and conventional trading,some alt coins are trying to follow bitcoin and the race will continue for a long time.
Bitcoin transaction fees are not free, bitcoin is the first cryptocurrency as well as changing the way others view about economi in the digital world, price and feature bitcoin also be one reason why bitcoin be number one

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June 04, 2017, 06:19:01 AM
 #890

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
The bitcoin i know is not a free payment system Tongue the main reason for bitcoin to always rule is that it showed the path for others to follow and craved a path for a wider market and it changed how people view economics and conventional trading,some alt coins are trying to follow bitcoin and the race will continue for a long time.
Bitcoin transaction fees are not free, bitcoin is the first cryptocurrency as well as changing the way others view about economi in the digital world, price and feature bitcoin also be one reason why bitcoin be number one
I guess you're right, besides that there are many factors that make why people prefer the bitcoin. In addition, among all the coins, which are widely known, and the symbol of the digital currency is bitcoin.
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June 04, 2017, 09:05:13 AM
 #891

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

No other name will be as good.

I think people will always find a cooler name than bitcoin, but the reason why Bitcoin is number one because of being the pioneer of cryptocurrency and being adopted by majority of population of cryptocurrency.  And that is also the reason why Bitcoin is almost the best name for cryptocurrency.
I agree, bitcoin being #1 dosn't have to do with its name. Yes it sounds cool but  one day it can be changed into something cooler or something that would fit for it, but people wont bebhappy if they changed its name. It is true that bitcoin is number 1 because it is the first one, and most people use this crypto. It is also the most trusted and I think with the highest( or one of the highest) in value.
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June 04, 2017, 09:16:35 AM
 #892

Bitcoin become number one because of it free payment system, blockchain technology, world acceptance, security and freedom! Smiley
Actually, bitcoin trading is not free. Conversely, fees are also an ominous consideration for bitcoin users. Still, the bitcoin is still a very good free and anonymous trading system





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June 04, 2017, 09:21:54 AM
 #893

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

No other name will be as good.
Name has nothing to do with bitcoin.
1.The excellent secured block chain technology on which it functions.
2.P2P transaction system in which no banks or middle man is needed.
3.Limited supply of only 21 million coins available.
4.Gaining trust almost all over the world.
  These are some of the important reasons for which bitcoin would remain #1.
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June 04, 2017, 09:26:06 AM
 #894

Simple, bitcoin is always the number 1 because it is the pioneer cryptocurrency. People trusted those coin already and almost all cryptos are peg on bitcoin in all crypto exchanges. Besides, It has a large follower already.
Right, bitcoin is the first digital currency created by nakamoto satosi and became the core of the manufacture of digital currencies and other cryptocurrns. That fact will make bitcoin always be # 1

Due to the features of easy transfer from one side of the globe to another, remittance is done in minimum fees, digital currency and can be stored in online and offline wallet etc help the btc to remain on top compared to other altcoin created after bitcoin.

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June 04, 2017, 09:35:08 AM
 #895

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

No other name will be as good.

I think people will always find a cooler name than bitcoin, but the reason why Bitcoin is number one because of being the pioneer of cryptocurrency and being adopted by majority of population of cryptocurrency.  And that is also the reason why Bitcoin is almost the best name for cryptocurrency.
Yes by the years that will pass by i agree that people will coined new name that is better than bitcoin. Its like invention, they can make new name that is more good to hear. For me bitcoin was always be no. 1 because of its uses.

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June 04, 2017, 10:08:06 AM
 #896

Simple, bitcoin is always the number 1 because it is the pioneer cryptocurrency. People trusted those coin already and almost all cryptos are peg on bitcoin in all crypto exchanges. Besides, It has a large follower already.
Right, bitcoin is the first digital currency created by nakamoto satosi and became the core of the manufacture of digital currencies and other cryptocurrns. That fact will make bitcoin always be # 1

beside that, bitcoin as the leader of the cryptocurrency is giving many advantage for people which involve in bitcoin industry and bitcoin itself is traded with fiat and now bitcoin is become famous trending topic in everywhere. i think many people will be following bitcoin journey and they will started to use bitcoin and i hope they can use bitcoin to help their life too like what we do.

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June 04, 2017, 10:10:50 AM
 #897

I always thought bitcoin was the best name also.  It has the brand appeal, its simple to remember.  I think the google search stats show this, no other coin has nearly the same search hits.

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June 04, 2017, 04:27:44 PM
 #898

It is because a bitcoin is a good investment and most investors want to invest and trade in bitcoin. Because bitcoin is most popular and many people like in bitcoin. Many people believe the important of bitcoin in our lives and needs. Bitcoin is a demand and trusted currency that's why people wants
 and interested.
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June 04, 2017, 04:32:05 PM
 #899

It is the first cryptocurrency created and other cryptocurrency are jist a copy of what is bitcoin.. Bitcoin is really have an a successful high price value market and still increasing its price in a high rate and can be a really good investment for everyone so better if you invested earlier.
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June 04, 2017, 04:43:40 PM
 #900

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

No other name will be as good.
I think so too, most altcoins are based on Bitcoin rates to determine the value, so it can be said that BTC is the number one in cryptocurrencies, but if Bitcoin does not fix the speed of each transaction and status The current blockchain, it will be difficult for the user

It will really be a problem. Many users would want every transactions to be fast to avoid thinking bad to where their funds got into or will it still come.
Even those who are sending small amount of bitcoin would want their transaction safer and would want it to comes as fast as it can.
Still I think bitcoin is on the number 1 spot because of this alts are using bitcoin as basis for their prices.
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