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Author Topic: How strong is Bitcoin compared to others cyptocurrency?  (Read 3419 times)
soham
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August 08, 2017, 11:29:10 PM
 #41

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley

Don't go all in with bitcoin. Invest a major percentage of your money in to bitcoin but also invest in other currencies as well. Bitcoin's market cap is 56 billion now and the closest competitor of bitcoin is ETH with 27 billion market cap. So you can understand clearly that how strong is bitcoin compared to any other crypto currencies.

   
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August 08, 2017, 11:50:47 PM
 #42

it is simply the best...
bitcoin started it all..
even if bitcoin losses value its still a legend among bitcoins
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August 08, 2017, 11:57:47 PM
 #43

Very Powerful compared to other cryptocurrency if you look at the market capital its very huge, the demand for bitcoin is really high and i believe that it will continue to soar high, it will become stronger by the years past by. No one can stop bitcoin for now or never.
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August 09, 2017, 12:48:23 AM
 #44

just think about this, bitcoin can't die anymore because it's sustained by japan already, no other coin is sustained by a whole country like that, so it's much stronger than any pump and dump coin

besides only ETH have some reasons to be considered a contender, other coin have no real volume to compete with bitcoin

Yeah, bitcoin is independent unlike the other coins out there, altcoins are just existing because of bitcoin, without bitcoin there is no Altcoins in this cryptocurrency world. The volume of bitcoin have is the biggest amongst all the coins here in this world, just like what you have said, that some countries already accepted bitcoin, that is why it is the strongest coins in the crypto world.
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August 09, 2017, 01:20:39 AM
 #45

Bitcoin is the mother of all cryptocurrency thats why bitcoin is the one that you learn first than other crypto.

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August 09, 2017, 01:53:03 AM
 #46

speaking of cryptocurrency theres no coin that has safer campaigns than the bitcoin , bitcoin is strong because its famous , very expensive , and convenient to use , you will never regret if you invest in bitcoin
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August 09, 2017, 01:57:21 AM
 #47

Bitcoin is the mother of all cryptocurrency thats why bitcoin is the one that you learn first than other crypto.
Bitcoin is the strongest cryptocurrency amongst other altcoin. It has many supporters and investors and if we can see the bitcoin price it keeps increasing. It is the best bet to dump your money, invest and earning huge profit in btc is the best choice.
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August 09, 2017, 02:49:02 AM
 #48

Bitcoin is the strongest cryptocurrency or we can say the king of the cryptocurrency once the bitcoin dumps all the cryptocurrency will be affected. I may say that you're right for your idea of dumping your money or investing it all to bitcoin, it's good to invest in bitcoin the only things is that you'll need to wait for a long term before it's price increase the bitcoins price or need to wait a long time to earn a big profit.
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August 09, 2017, 03:10:55 AM
Last edit: August 09, 2017, 04:04:47 AM by carriebee
 #49

Bitcoin existence until these years is I must say it become stronger compared in other cryptocurrency. Its value is continuously skyrocket and it attracts investors that support btc. So moreover, bitcoin is good choice to invest your money and for long term investment by holding your btc and you will earn income.
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August 09, 2017, 04:29:08 AM
 #50

To be honest, when it comes to trading or investing, especially with cryptocurrencies, there is no safe option. All the cryptocurrencies are highly volatile even Bitcoin. But yeah, if you are looking for a cryptocurrency to dump your money into then I would suggest Bitcoin. Bitcoin is probably the safest of them all. Bitcoin is best in the long-term as its price is gradually increasing. In short-term, however, it is prone to price hypes and corrections at random times. If you want to invest in something, I would highly suggest that you invest in gold. Gold has for millennia, held its price and always increased gradually. It is probably the safest investment at the moment. But like I said, if you a stickler with cryptocurrency, I would most definitely suggest Bitcoin.
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August 09, 2017, 05:00:28 AM
 #51

bitcoin is very strong than other cyptocurrency why ? bitcoin has the biggest industy because it has lot of different payment method. and bitcoin is very famous compare to other cryptocurrency and its price is rapidly increase.Because bitcion is indipendent compare to others.
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August 09, 2017, 05:18:58 AM
 #52


Hi Everyone,


I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?


Thanks and hope to hear your opionion soon people! Smiley




You must be joking right? Bitcoin is the safest way to put your wealth into. I hope you know the price of bitcoin at this very moment and it's @3500 dollars. What do you think which is the best bet? It is bitcoin all the time. Even if you buy it at this time you can profit with it as it is going up all the time. The speculated price for bitcoin could be more than 5000 USD by the end of this year. So just imagine all your wealth can grow systematically with bitcoin. Just do it ;-)


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August 09, 2017, 05:50:53 AM
 #53

thanks for all the replies. it was helpful. but if there is risk in cyptocurrencies, other then bitcoin, which is the most best option to invest besides bitcoin. Will be better if there is a second opionion. Smiley

If that is the case, then there wont be a generally accepted parameter because every other interest in alt coin is based on subjectivity i.e depending on where each individuals aligned to and sometimes could be on the basis of the coin developed. In short the bulk of the work will be done by you in analsying various suggestions put forward because the ultimate decision rests on you which means the outcome whether positive or negative will also be borne by you. Dont be lazy to do your won research.
The best pick if you're getting money by cyrptocurreny is bitcoin. Bitcoin is most accepted by the community today,even though there's a change in price but still you don't have to worry because it will back again to normal or much higher. Altcoin is just a support for bitcoin, still a money but bitcoin is the best option.
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August 09, 2017, 06:12:36 AM
 #54

I have a feeling that the market cap of Bitcoin doesn't really represent the popularity and adoption of that particular currency. Look at the market capitalization of various crypto-currencies. BTC market cap is around $55 billion, while that of Ether is $29 billion. If we analyze the number of users and retail sites which accept both these currencies, the market cap of BTC must be at least 10x of that of ETH.

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August 09, 2017, 07:00:53 AM
 #55

Bitcoin is the mother of all cryptocurrency thats why bitcoin is the one that you learn first than other crypto.
Yes, bitcoin is more safe and strong than the other crypto currencies. It was the first to land on internet, giving others ideas what a digital currency looks like, before the came up with altcoins.

Bitcoin is the most popular, and has the largest community in the crypto world. That’s why it’s selling at a high price difference from the others. If you’re looking to invest into Bitcoin, then I say yes! Do it! In no time you will start to profit from it. You can also invest into Ethereum and Litecoin alongside Bitcoins.
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August 09, 2017, 07:10:37 AM
 #56

Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley

yeah, obviously your newly in this forum. Continue what what you had just started on reserching on to bitcoin, then read most of the in forum for you to update yoursef here with that you know what to do by simply getting the opinion of others for you to get the proper knowledge about in bitcoin. Moreover, regarding where to invest in, still it is much better for you to read here and check the service discussion and market place altcoin.
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August 09, 2017, 02:21:29 PM
 #57

Bitcoin is stronger than other cryptocurrency because it is the first cryptocurrency that ever launched back in 2009 and i think that bitcoin is too far from other cryptocurrencies so there is no chance for altcoins to overcome bitcoin because bitcoin is already settled with a big community and also great users, traders and investors.
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August 10, 2017, 06:28:23 AM
Last edit: August 10, 2017, 06:38:59 AM by richkellj
 #58

Bitcoin is the mother of all cryptocurrency thats why bitcoin is the one that you learn first than other crypto.
100% right that bitcoin is the mother of cryptocurrencies. Bitcoin is the 1st invented currency among the cryptocurrencies which is ruling to date. We may conclude the importance of bitcoin from the rate of bitcoin which is increasing day by day despite facing hurdles of hard fork.

I think the demand of bitcoin in the market is also a proof of strangeness of bitcoin. People are believing in bitcoin much and especially after 1st August many people have bought bitcoin for their better future.
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August 10, 2017, 11:23:12 AM
 #59

Bitcoin is so strong only because it is the first cryptocurrency that appeared, thats why it has the biggest market cap and etc. If we look on the other side compared to ETH and WAVES from technological side bitcoin is losing hard, even now im making much more transactions in ETH, than BTC. Firstly it is faster, secodnly it is much more cheaper to do so. All the ICOs right now running with ETH and WAVES. In a couple of years bitcoin will lose its position, if it wont develop Smiley

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August 10, 2017, 11:45:43 AM
 #60

Bitcoin is not just the strongest, it is the best cryptocurrency. No altcoin is closest compared to bitcoin. It has all the qualities that makes it exceptional. It is above all coins.
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