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Author Topic: Is Bitcoin the best cryptocurrency what so ever?  (Read 3848 times)
cryptoanalyzer (OP)
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January 14, 2017, 12:56:26 AM
 #61

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.

Can you name some? Only to compare
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January 14, 2017, 01:36:36 AM
 #62

Bitcoin is the best because it has most of the support and interest groups stand behind it. Otherwise technologically there are altcoins with much better features, but because bitcoin is the first, it has most support and will always be the number 1 in this space.
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January 14, 2017, 02:08:43 AM
 #63

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?
It depends for what purpose you want to use bitcoin, if you want to use a crypto currency for store of value, then I think bitcoin is the best, for speedy transactions I don't know I have heard good things about LTC, if you want anonymity then monero is the best.
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January 14, 2017, 02:11:27 AM
 #64

Bitcoin is the best because it has most of the support and interest groups stand behind it. Otherwise technologically there are altcoins with much better features, but because bitcoin is the first, it has most support and will always be the number 1 in this space.
I agree with this statement, however there are other crypto currencies which have one sole purpose in my opinion.  The altcoins are more of something made to make people feel more secure in my opinion.  I personally like Bitcoin the best because there are more people using it and there is less of a chance my coins will go away.



                                                                                                                                             
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January 14, 2017, 02:54:09 AM
 #65

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?



It's not fully secure, speediest(you can see the blocksize debate), although the bitcoin has the higher value. Because there is the other alt was offering more than bitcoin. I just know if the bitcoin is general crypto.

Use several, it may be more useful for you.

Like LTC totally the transfer is fastest than bitcoin.

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January 14, 2017, 04:21:56 AM
 #66

Looking at the negligible returns offered on cash investments with such high rates offered by banks Cheesy  you can feel positive about the cryptocurrency, which is now being used for payment by more and more large, medium and small companies.
There are lot of cryptocurrencies now but Bitcoin rules and will be the top 1 for ever. Grin

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January 14, 2017, 06:24:24 AM
 #67

Bitcoin is the still the no.1 best crypto currency, because all around the world it is most widely accepted in the business rather than other currencies. And most likely about in bitcoin it has the high class value price in all trading platform.
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January 14, 2017, 08:38:34 AM
 #68

Bitcoin indeed is the best cryptocurrency because it is the first! We have a saying that "Nothing beats the original!". All of the cryptocurrency right now based their market on the success of bitcoin. Some cryptocurrency may increase their value but they can never defeat bitcoin. Long live for bitcoin!
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January 14, 2017, 11:09:09 AM
 #69

I think we should not have any doubt about this. Yes, Bitcoin is the best crypto currency so far and pioneer of them all. It owns approx 84% of the total market share of the crypto currency alone.

I think this stat is enough to understand its worth. Those who have invested in bitcoin at its initial days, they are millionaires if they are still holding it.

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January 14, 2017, 11:18:14 AM
 #70

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?

It is the best currency, and it is also the most secure, from various standpoints, although the algorithm is not quantum secure entirely, while some coins are quantum secure, but they dont have the mining power to give the additional security.

So it varies.


Every coin has its own promise, but I think copycats are worthless. At least if they dont add anything new to it, then BTC is already the de facto currency for that purpose.


So I tihnk BTC is the main reserve currency in the crypto world, while the other are for speculators mainly.

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January 14, 2017, 11:50:55 AM
 #71

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?

It is the best currency, and it is also the most secure, from various standpoints, although the algorithm is not quantum secure entirely, while some coins are quantum secure, but they dont have the mining power to give the additional security.

So it varies.


Every coin has its own promise, but I think copycats are worthless. At least if they dont add anything new to it, then BTC is already the de facto currency for that purpose.


So I tihnk BTC is the main reserve currency in the crypto world, while the other are for speculators mainly.

Your comment was satisfying. Thank you
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January 14, 2017, 12:19:51 PM
 #72

I think bitcoin digital currency is best at this time. bitcoin has had enormous support in world financial markets.
even today bitcoin will continue to grow until won the trust of the government of a country.
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January 14, 2017, 12:30:35 PM
 #73

I think bitcoin digital currency is best at this time. bitcoin has had enormous support in world financial markets.
even today bitcoin will continue to grow until won the trust of the government of a country.
I think you right, bitcoin is growing up until now. but I think very difficult goverment will accepting bitcoin because bitcoin most using in illegal activities. many article said bitcoin is used in illegal activities so I will difficult. in other I think bitcoin can be used to good activities in daily life.
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January 14, 2017, 12:36:06 PM
 #74

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.

Can you name some? Only to compare

There are some which I think are good and have a good potential, some of them are the most traded coins in poloniex which are ETH, ETC, XMR and I would like to add here that also ICONOMI (ICN) has a good potential and it is an interesting project which I "discovered" recently.
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January 14, 2017, 01:24:47 PM
 #75

I think we should not have any doubt about this. Yes, Bitcoin is the best crypto currency so far and pioneer of them all. It owns approx 84% of the total market share of the crypto currency alone.

I think this stat is enough to understand its worth. Those who have invested in bitcoin at its initial days, they are millionaires if they are still holding it.

bitcoin user will agree for this and they will said that bitcoin is the best crypto currency for now and for future because bitcoin offers much of benefit for us and we know the truth of this. so for people in out side that don't know bitcoin, i think when the price is increase much higher, they only can shock and get amazed.

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January 14, 2017, 04:08:13 PM
 #76

I think bitcoin digital currency is best at this time. bitcoin has had enormous support in world financial markets.
even today bitcoin will continue to grow until won the trust of the government of a country.
I agree that bitcoin is on top of the best cryptocurrencies and its growth is unstoppable and fast, but I don't think it has enormous support in the financial world. Because if it really were highly promoted and widely used in the economic world, the governments would have accepted it and let their people use it instead of banning it like in some countries nowaday.
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January 14, 2017, 04:26:39 PM
 #77

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..
If you really type cryptocurrency in the internet the first thing you will encounter is bitcoin, bitcoin has been and will forever be the first cryptocurrency, since its appearance it has revolutionized the way we use the money on the internet and it has given us some much opportunities compared to the fiat.
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January 14, 2017, 05:21:25 PM
 #78

So far so good. I never had a serious problem with btc. It's very easy to use and if you have trezor are very safe as well Wink I recommend for those who haven't used it, to try it, not only btc but trezor too.
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January 14, 2017, 05:39:57 PM
 #79

I think now bitcoin is the best beyond any doubt. Just check out the number of wallets and the price of btc and you'll understand. Maybe it is not the fastest but it is still the best. Nevertheless, I believe some other currencies will actually become nearly as popular as btc is in a few years. I just think it is impossible for something to be without any strong opponents. Maybe, the famous litecoin will be the one. Maybe, ethereum. But something will anyway.

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BillyBobZorton
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January 14, 2017, 06:58:46 PM
 #80

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.

Can you name some? Only to compare

I don't think there isn't a single coin that has realistic chances of surviving long term compared to bitcoin. Holding bitcoin for long term (5+ years) is already a big risk, now imagine if you do this with an altcoin... at the end of the day, nobody is holding altcoins long term.
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