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Author Topic: Is Bitcoin the best cryptocurrency what so ever?  (Read 3847 times)
talkbitcoin
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January 13, 2017, 01:35:11 PM
 #41

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

you can not compare bitcoin, a cryptocurrency, with fiat the regular currency that everybody knows. in that comparison you will have a hard time.

but bitcoin is safe, good, fast, cheap and precious.

if you want to compare it with its counterparts also known as altcoins then bitcoin is the best. although you may find other coins that are faster or have other features but nothing comes without its downside. for example faster transactions means faster block generation and faster blockchain size growth and a ridiculous number of orphaned blocks.

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January 13, 2017, 01:37:43 PM
 #42

Let us define first what do you mean by the best cryptocurrency.  Here is my opinion:

1. MOst used
- Bitcoin is widely used coin and it has the biggest number of users worldwide

2. Price
-Bitcoins price has the best price compared to other coins

3. inflation
-Bitcoin has the best price inflation in history and the most natural

4. Speed
-Bitcoin is not really the best in this field

So after thinking of the factors I mentioned, bitcoin is the best.

i am agree bitcoin is the best cryptocurrency because bitcoin give a dream for all people to make better life, bitcoin have a good future from time to time and bitcoin can be another way to make investment. but in the number 1, i think bitcoin is not yet to be the biggest number of users worldwide because if we compare with other payment gateway, bitcoin is still new and young age and its need a time before the most of people used bitcoin. for all numbers, i am really agree with Xester said.

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January 13, 2017, 01:53:34 PM
 #43

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

Best             : No

most secure  : No China alone controls it.

Speediest    :  HELL NO, it is one of the slowest out there.

Precious       : If you mean has a high Fiat Conversion , that answer is Yes, mainly due to market manipulation by the Chinese,   Wink


LTC or Doge are faster & cheaper PoW coins and also supported by the Chinese.

You have to go into a Proof of stake coin to find an Alt the Chinese don't control.


 Cool

Gee....thx for the direct answer  Grin
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January 13, 2017, 01:55:41 PM
 #44

Let us define first what do you mean by the best cryptocurrency.  Here is my opinion:

1. MOst used
- Bitcoin is widely used coin and it has the biggest number of users worldwide

2. Price
-Bitcoins price has the best price compared to other coins

3. inflation
-Bitcoin has the best price inflation in history and the most natural

4. Speed
-Bitcoin is not really the best in this field

So after thinking of the factors I mentioned, bitcoin is the best.

i am agree bitcoin is the best cryptocurrency because bitcoin give a dream for all people to make better life, bitcoin have a good future from time to time and bitcoin can be another way to make investment. but in the number 1, i think bitcoin is not yet to be the biggest number of users worldwide because if we compare with other payment gateway, bitcoin is still new and young age and its need a time before the most of people used bitcoin. for all numbers, i am really agree with Xester said.

Thank you both for your comments. I have put high hopes it it.
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January 13, 2017, 02:22:16 PM
 #45

Obviously. Yes. It is the most demanded cryptocurrency in the world. Infact, this is highest in terms of users. Its the most valuable crypto and highest market cap. No other cryptocurrency are close enough to compete with bitcoin. Bitcoin has no competion at all. Look at the price and compare it to other altcoins. Its way too far.
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January 13, 2017, 03:54:26 PM
 #46

You know what makes Bitcoin the best? The Network of people using it and accepting it as a payment option. How many merchants do you know of that accepts CookieCoin or TrumpCoin or one of these obscure Pump n Dump coins? The network effect takes years to build, and Bitcoin has done that leg work.

The bigger the network, the stronger the demand for the coin. ^smile^

And I guess I reached at a conclusion  Grin
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January 13, 2017, 05:20:37 PM
 #47

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

you can not compare bitcoin, a cryptocurrency, with fiat the regular currency that everybody knows. in that comparison you will have a hard time.

but bitcoin is safe, good, fast, cheap and precious.

if you want to compare it with its counterparts also known as altcoins then bitcoin is the best. although you may find other coins that are faster or have other features but nothing comes without its downside. for example faster transactions means faster block generation and faster blockchain size growth and a ridiculous number of orphaned blocks.

Well caparing it to fiat is not fair to bitcoin. I agree
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January 13, 2017, 05:24:46 PM
 #48

Bitcoin is on the first place among other cryptocurrencies. That was the first cryptocurrency in the history and maybe that is the main moment of bitcoin's success, cause of there is no difference between bitcoin and others crypto in general, all them there created on the base of bitcoin.
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January 13, 2017, 05:53:41 PM
 #49

Bitcoin is on the first place among other cryptocurrencies. That was the first cryptocurrency in the history and maybe that is the main moment of bitcoin's success, cause of there is no difference between bitcoin and others crypto in general, all them there created on the base of bitcoin.
I heard that before bitcoin is just an experiment until it gets benefited and running successful from 2009 until 2013
it is the first crypto i just heard bitcoin 2011 but i just ignore it because i do not have knowledge for bitcoins before i was came back for bitcoin and it is really trending in our forum i think 2015 i started earnings bitcoins in many faucet that honestly small amount or penny but its really help you to start and learn how bitcoin works..



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[15.00000000 BTC]


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Rainbot
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January 13, 2017, 06:28:34 PM
 #50

Bitcoin is on the first place among other cryptocurrencies. That was the first cryptocurrency in the history and maybe that is the main moment of bitcoin's success, cause of there is no difference between bitcoin and others crypto in general, all them there created on the base of bitcoin.
I heard that before bitcoin is just an experiment until it gets benefited and running successful from 2009 until 2013
it is the first crypto i just heard bitcoin 2011 but i just ignore it because i do not have knowledge for bitcoins before i was came back for bitcoin and it is really trending in our forum i think 2015 i started earnings bitcoins in many faucet that honestly small amount or penny but its really help you to start and learn how bitcoin works..

I will start using and collecting bitcoins but not from faucets.
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January 13, 2017, 06:48:10 PM
 #51

Of course,I believe that Bitcoin is still the best cryptocurrency right now the price of bitcoins are growing.Some exercise about bitcoin than you realize that it isn't valued as high as it was in the past.Right now Bitcoin is the most valuable cryptocurrency on the market.
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January 13, 2017, 07:24:55 PM
 #52

Yes it is the best, maybe not the fastest. Faster is not necessarily better or more secure.

It is a good idea to hedge 5-10% of your Crypto holdings in promising Alt Coins for multiple reasons. One, you can still make huge returns getting in early in innovative alt-coins, and Two just in case Bitcoin is replaced by something else (I doubt it ever will).


Actually in most cases and given the laws of physics, the faster something is the less secure it's going to be at least in principle.

In coins this is always the case because we cannot find a way to get the security of bitcoin with the speed of a centralized payment system. It just doesn't exist. And I would rather have a slower solution than a fast but centralized solution because I already got paypal for that.
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January 13, 2017, 07:35:16 PM
 #53

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

 I think Mintcoin s the best. It's faster and pays dividends if you save them.

Sick of mining?  Start minting!  5% per year!  Mintcoin "MINT"
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January 13, 2017, 07:39:18 PM
 #54

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

The world will require a number of cryptocurrencies as we transition the world's money supply over to blockchain. Bitcoin was the first, but it certainly will not be the last.
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January 13, 2017, 09:11:56 PM
 #55

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

The world will require a number of cryptocurrencies as we transition the world's money supply over to blockchain. Bitcoin was the first, but it certainly will not be the last.

Well Bitcoin was a Bomb. The next thing will be as awsome as btc is I guess. Maybe even better
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January 13, 2017, 10:05:17 PM
 #56

Right now its the best cryptocurrency available without any doubts, it has a great future and is very nice to use.
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January 13, 2017, 10:19:52 PM
 #57

The most important feature of bitcoin is that which it adopted now is that it is now a regular currency for world market. It will now remain among us till last and will not go to die the reason is that its marketcap is much high and the other bigger reason is that a number of bigger companies have adopted it so only stick with bitcoin.
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January 13, 2017, 11:50:19 PM
 #58

Bitcoin is on the first place among other cryptocurrencies. That was the first cryptocurrency in the history and maybe that is the main moment of bitcoin's success, cause of there is no difference between bitcoin and others crypto in general, all them there created on the base of bitcoin.
yes that is a fact that bitcoin i already the number one crypto currency and hope that it will continue its position as 1st in future also. people are also investing their money in bitcoin so the number of bitcoin users is increasing continuously.
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January 13, 2017, 11:59:44 PM
 #59

Bitcoin is for sure is one of the better cryptos, and overall, especially considering the community size, it is going to be the strongest for a good amount of years yet.

There are other cryptos that do some things better and some that do things worse, Bitcoin is kind of somewhere in the middle, where it does everything well enough to function, at at this point it doesn't have anything special aside from the value and community.
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January 14, 2017, 12:14:07 AM
 #60

I wanna know if Bitcoin is the best, the most secure, the speediest and the most precious currency right now, because there are many many currencies available and each offer some promises.

Is it logical to work with one or is it safe to somehow use several? Can anyone help me out?

I think that bitcoin is one of the best cryptocurrencies, every currency has its ups and downs and so bitcoin does, but along with bitcoin there are also some other coins that are powerful too and have a good potential to be grown in the next few years.
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