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Author Topic: The Reason Bitcoin will always be #1  (Read 41511 times)
danherbias07
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March 19, 2017, 07:02:21 PM
 #521

No one remembers the thing that comes second and bitcoin is first digital currency and even if we find new currencies in future then also bitcoin will be mostly used currency and people will prefer to use bitcoins in compare to other currencies.

Well I think it is because of success of being like the Father of all crypto currencies and being introduced at its best.
It is easy to remember and this "BTC" it is easy to understand that it must be money because of the way it look.
It will remain at the best spot if supporters would not let it go. That is one of the most important part. Without supporters it will just die just like other altcoins that is being created then suddenly disappears. It lacks the idea of being one true crypto that makes people trust the coin.

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March 19, 2017, 09:15:20 PM
 #522

I think this is because it's the 1st created virtual currency which most of the people are using and also it's secure for payments and has many other benefits.
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March 22, 2017, 10:33:08 AM
 #523

It will one number because
-it is the first one of its kind.
-it has gone a long way
-mass acceptance is going on a full fledge.


I do not agree with you.
Bitcoin is not the first crypto currency. Previously created similar to bitcoin.
But with the fact that it is accepted massively - I totally agree

Really? Can you tell which is the first crypto currency?
Because as i know Bitcoin is the first crypto currency and definitely it is true bitcoin maintain its successful career and bitcoin is luckiest crypto where people trust on it. Otherwise i saw many other crypto currencies came but majority of the people don't know their identity and everyday the number is increased to know about the bitcoin.
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March 22, 2017, 11:10:24 AM
 #524

Bitcoin gaining stability even after several big drops as well after facing unexpected issues in the growth and technology is the one makes it to be the number one digital currency among all that have existed.

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March 22, 2017, 12:48:44 PM
 #525

It is number one because of its good quality and features that people really love to it. And it is more secure, secure than bank now.
Many people now involving their selves to it because they can see the bright future of bitcoin.
cryp24x
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March 22, 2017, 01:00:36 PM
 #526

It is number one because of its good quality and features that people really love to it. And it is more secure, secure than bank now.
Many people now involving their selves to it because they can see the bright future of bitcoin.

Good quality?  The inability to scale in large transaction? Is that what you call good quality?  Aside from that altcoins are more advance than bitcoin, though it was set aside because Bitcoin have a massive community because of it being the first mover to decentralized blockchain that makes Bitcoin popular.
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March 22, 2017, 01:03:28 PM
 #527

It is number one because of its good quality and features that people really love to it. And it is more secure, secure than bank now.
Many people now involving their selves to it because they can see the bright future of bitcoin.

Good quality?  The inability to scale in large transaction? Is that what you call good quality?  Aside from that altcoins are more advance than bitcoin, though it was set aside because Bitcoin have a massive community because of it being the first mover to decentralized blockchain that makes Bitcoin popular.
Big community and many users of it which makes bitcoin as number one any other altcoin in the market and now BU is created it does somehow give some speculation and FUDS but i dont think it will replace bitcoin anytime soon even there are users would engage to it.

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March 22, 2017, 01:05:53 PM
 #528

I think this is because it's the 1st created virtual currency which most of the people are using and also it's secure for payments and has many other benefits.


Not only it is a friend, many people use bitcoin because it provides better profits compared to other currencies, so until now and until next year dozens of bitcoin will become the # 1 digital currency, unless indeed there are a few factors that change these things like break-ins bitcoin system, or are there new digital currency that gives better comparable bitcoin.You should be able to control myself, because now a lot of things that can give you a big loss in the bitcoin if indeed you are eager to get a huge profit in a short time. It can only be obtained if indeed you could work hard, for there is no big profits in the absence of hard work
 
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March 22, 2017, 01:21:13 PM
 #529

I think this is because it's the 1st created virtual currency which most of the people are using and also it's secure for payments and has many other benefits.


Not only it is a friend, many people use bitcoin because it provides better profits compared to other currencies, so until now and until next year dozens of bitcoin will become the # 1 digital currency, unless indeed there are a few factors that change these things like break-ins bitcoin system, or are there new digital currency that gives better comparable bitcoin.You should be able to control myself, because now a lot of things that can give you a big loss in the bitcoin if indeed you are eager to get a huge profit in a short time. It can only be obtained if indeed you could work hard, for there is no big profits in the absence of hard work
 
No I don't think so. Even if Bitcoin is volatile or is unstable it is not safe to assume that it is the one that provides the most profits. How much you will earn with Bitcoin always depends on the user. Don't have the mindset of "Yeah I invested my money to Bitcoin, it will surely grow" because it is not true. You won't earn anything just by putting your money on something.
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March 22, 2017, 03:55:50 PM
 #530

I think this is because it's the 1st created virtual currency which most of the people are using and also it's secure for payments and has many other benefits.

i think it is the first one which is accept by the people in a huge number and it has comes with the new concept and such a user friendly environment. it has open the ways to earn it and the way it has rising its price to a extreme level. it has keeps the interest of a huge number of investors.
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March 23, 2017, 03:04:37 AM
 #531

I think this is because it's the 1st created virtual currency which most of the people are using and also it's secure for payments and has many other benefits.


As stated above posts or comments bitcoin is not the first created virtual currency, it is number one because of its unique features that no one can beat as of the moment. Bitcoin is now making its own name and trying to stand alone, all it needs is an improvement because many people are into it now.
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March 23, 2017, 03:40:01 AM
 #532

The name is useless if the features are crappy. I think that's why people use it because of it's popularity and been adopted in many several countries around the world some cities has use it as their prime currency and also this virtual coin was first ever crypto currency that was made for anonymous transactions that holds great value in the market like gold.

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March 23, 2017, 05:16:38 AM
 #533

I think this is because it's the 1st created virtual currency which most of the people are using and also it's secure for payments and has many other benefits.


As stated above posts or comments bitcoin is not the first created virtual currency, it is number one because of its unique features that no one can beat as of the moment. Bitcoin is now making its own name and trying to stand alone, all it needs is an improvement because many people are into it now.

I agree it is not the first created virtual currency but the first decentralized blockchain.  that is the feature that makes Bitcoin so popular and many aspiring altcoin followed the decentralization concept and even deepen the anonymity bitcoin gave.  Even with other coin having better feature, Bitcoin will always number 1 due to the fact that it has  lots of supporter.

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March 23, 2017, 01:42:35 PM
 #534

Bitcoin gaining stability even after several big drops as well after facing unexpected issues in the growth and technology is the one makes it to be the number one digital currency among all that have existed.
Yes, bitcoin become so popular, and it being a peer to peer content distribution network, people thought that peer to peer money is worth giving it a try, at first the people who used it are tech enthusiasts and ones who wanted to support new ideas.

But eventually more people thought it could grow into something very big and they still do, which made the price skyrocket, and that brought the attention of more people, and as Bucky Fuller once said” You never change things by fighting the existing realty, to change something build a new model that makes the existing model obsolete.”
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March 23, 2017, 01:48:14 PM
 #535

I think this is because it's the 1st created virtual currency which most of the people are using and also it's secure for payments and has many other benefits.


Not only it is a friend, many people use bitcoin because it provides better profits compared to other currencies, so until now and until next year dozens of bitcoin will become the # 1 digital currency, unless indeed there are a few factors that change these things like break-ins bitcoin system, or are there new digital currency that gives better comparable bitcoin.You should be able to control myself, because now a lot of things that can give you a big loss in the bitcoin if indeed you are eager to get a huge profit in a short time. It can only be obtained if indeed you could work hard, for there is no big profits in the absence of hard work
 
No I don't think so. Even if Bitcoin is volatile or is unstable it is not safe to assume that it is the one that provides the most profits. How much you will earn with Bitcoin always depends on the user. Don't have the mindset of "Yeah I invested my money to Bitcoin, it will surely grow" because it is not true. You won't earn anything just by putting your money on something.
That is the problem with lazy people. Even a plant needs sunlight and water to grow. In investment they want it to grow without even doing anything.
That is not how investment with bitcoin is, yes it grows over time but ain't it better growing it with hard work like trading or investing in other things. A much profit will come to those who are eyeing for a greater prize. Besides, in this part of bitcoin that is getting expensive it is hard to buy now, even miners do have a hard time making profits because of the electricity bill.

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pinkpanther03
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March 23, 2017, 03:17:09 PM
 #536

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

No other name will be as good.
You know what, with all your respect sir. your in legendary rank compare to my position in this forum, is that what you think why bitcoin is number 1 in digital world/cryptoworld just because of the name only. Don't make me laugh sir, the system of bitcoin is peer to peer and it is electronically used to buy things and the main reason why it became number 1 it is because of its decentralization, on which none of the government or private sectors that can't control it. No offense sir Smiley
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March 23, 2017, 03:32:36 PM
 #537

Bitcoin will remain number 1 because it gives traders decent profits who also make up most of its users  and its the parent cryptocurrency.

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Ravion
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April 11, 2017, 03:44:53 PM
 #538

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

No other name will be as good.

It's really the quality of the product that gives the brand the value. The branding and the name of Bitcoin are pretty good, but I think that Bitcoin has far more important advantages than fancy marketing. One of these is that it was, and always will be, the first and it also has a very large user base. It's also the most used currency of it's kind that companies and businesses use and has the highest market capitalization by far.

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April 11, 2017, 04:23:41 PM
 #539

The main reason is a little thing called "trust." BTC build for itself (it's developers, community, etc.) a trusted environment over these years, and that is what keeps BTC at the first spot. Although this is good, it also lay over our shoulders a great responsibility (yes, I'm talking about BU x SW) when trying to make BTC the greatest cryptocurrency.

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April 11, 2017, 06:42:27 PM
 #540

see bitcoin prices are rising, and prices are declining altcoin, makes me think that bitcoin altcoin can not be replaced by another.
I guess that comes only strengthen altcoin popularity of bitcoin, so the better altcoin, the better bitcoin. so it makes bitcoin always be number one.

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