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Author Topic: How strong is Bitcoin compared to others cyptocurrency?  (Read 3416 times)
virtualkeybuyer
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August 14, 2017, 10:18:41 PM
 #101

I do not understand your mind,
Did you mean it was the most popular, well known, and largest-capitalized currency in the cryto currency market?

In my own research about bitcoin it becomes the most reliable crypto currency with a very firm fortitude. I blame my self why i did not join bitcoin when it was introduce to me last year. Now we will need a huge amount to buy bitcoin if we need to start investing of bitcoin.
no doubt that bitcoin is the most reliable and the best currency in my country and a lot of people are aware of it now that how popular bitcoin is it is a strong currency and a lot of people who are using bitcoin are acknowledged about the potential and the importance of the bitcoin and newbie’s are also feeling good because now new users are also aware of bitcoin and how to use it everyone knows.
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August 15, 2017, 04:27:40 AM
 #102

Bitcoin is not the safest but the most stable cryptocurrency in terms of its place and also the market capitalization of bitcoin. Putting money in bitcoin and waiting for at least 3 years is a good timeframe to wait if you want some serious return but for me, it is better to use it for trading so you can multiply it on how much you want by just doing trading and not only waiting for the value to go up.

Why would bitcoin not be the safest coin out there?
Any arguments for that?


The technology behind the blockchain is proven to work and all it needs to take of is user base and merchants adoption.
Bitcoin has both. Some coins manage to have 1% of the second. But they will never ever threat bitcoin in terms of spots you can actually use it.
And some managed to have a huge number of fans but their moment of glory ended, see doge for example.
Bitcoin is more safe than any other Crypto currency in the market. You can’t compare it with any other currency, because it has the largest community, and the highest price so far. I haven’t seen any other crypto currency in the market that is up to $500 but Bitcoin is more than $4000.
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August 15, 2017, 04:51:32 AM
 #103

If you are talking about security then Bitcoin still the safest crypto currency , the wallet is really safe, but if you are talking about the value, we still don't know, until now the value of Bitcoin is really good and secure but in the future we still don't know, but for short term I will suggest you to invest in bitcoin, you will get a lot of profit by holding and investing in bitcoin


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Charot12345
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August 18, 2017, 07:13:25 AM
 #104

Bitcoin is strong compared to other cryptocurrency because of it’s demand. People always talked about bitcoin in a positive way like how strong it is, how popular it, and it’s advantages among others. People know its huge potential so that many people don’t want to try other crypto currency because they trust bitcoin so much and they know it’s importance.

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August 18, 2017, 07:26:39 AM
 #105

Since you are asking how strong BTC is compared to other currency coins in term of investment (answer varies if it's not about investment), I would say BTC is the undisputed leader currently.

What I meant by that is most alt coins market price seems to get affected by BTC directly (when BTC rise, the alt coins rise too). Do note that this is not 100% the reason why alt coins rise or fall at times but the movement of BTC definitely influence in one way or another. Picking BTC can't be anymore safer (in term of cryptocurrency) but since the risk is lower then you need to know that the profit won't be a 10 or even 100 times fold anytime soon. No risk no gain!

Drnice
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August 18, 2017, 07:35:17 AM
 #106

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

Bitcoin is outstanding to other crypto currency, and it is with the highest market cap to compare with all other altcoins in the crypto world.
So, if you are investing into Bitcoin, that is a way of getting rich, but, it is a slow and steady way.
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August 18, 2017, 08:10:23 AM
 #107

How strong bitcoin ?
I think it's very strong because so far i never seen another curreny (especially digital curreny) which have even 50% price from bitcoin
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August 18, 2017, 08:42:19 AM
 #108

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

If you  looking for some place to invest then bitcoin is the right place, right now between all of the cryptocurrencies bitcoin is still the best. I think the reason because bitcoin is the first cryptocurrency in the world, and I think the first one will be remembered and most memorable, so people will choose bitcoin. The second reason is because bitcoin currently has a very high price, making it best suited for long-term investments.
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August 18, 2017, 08:46:58 AM
 #109

Bitcoin remains the first and the best cryptocurrency out there, those in doubt only need to take another look at its ever increasing market capitalization and answer the question."Why and how does it keep attracting more and more investors and users each passing day." Can anyone guess what percentage increase Bitcoin have had since it was developed? Has there been anything like that until now? We know numbers don't lie!
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August 18, 2017, 08:55:50 AM
 #110

Bitcoin has a pretty solid reputation and is still the most desirable of cryptocurrencies. If you are planning a long-term investment, this is your opportunity.
Altero
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August 18, 2017, 08:59:42 AM
 #111

How strong bitcoin ?
I think it's very strong because so far i never seen another curreny (especially digital curreny) which have even 50% price from bitcoin
Today's price of bitcoin goes up, not the way we can say it very strong because of that. The main reason is that, bitcoin is highly accepted by many people among others crypotocurrencies and because of high demand in the market that makes bitcoin price goes up. As it continues soaring above the more it will build-up become more stronger than any other digital currencies.
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August 18, 2017, 09:12:39 AM
 #112

3 weeks ago, Bitcoin's price was no more than $3000 and it just jumped to a record $4500 yesterday.  I believe it will go up still so you can put some money in, but do not put all your eggs in one basket. Good luck!:)
BitcoinSupremo
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August 18, 2017, 09:16:24 AM
 #113

It is the strongest because it is accepted widely compared to altcoins which are accepted only on very few specific websites. Bitcoin is accepted in all major sports books who use bitcoin only as a form of payment (some of them accept altcoins too but very few). Bitcoin is widely accepted on all major porn websites while altcoin aren't. Bitcoin is accepted in different online electronics shop while altcoin aren't. As you see bitcoin is the strongest ,it was the strongest and I think it will remain the strongest.
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August 18, 2017, 10:03:54 AM
 #114

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

There is no assurance when trading or investing, there is always some risk but with bitcoin its lesser than each btc, bitcoin has been consistent with the value rising up, even if it goes down bitcoin insists and rise up, there is no assurance that the price will still go up after the pump over $3k, but who know there is a possibility that it will go over $5k this year. The main advantage of bitcoin than other crypto is that in bitcoin there is no lose as long as you hold.



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August 18, 2017, 11:49:06 AM
 #115

No one can give you a perfect guarantee when it comes to investing in cryptocurrencies, they are too volatile to be predicted perfectly. What I think really sets Bitcoin apart from other altcoins is that it was the first of its kind, which helps people to trust BTC more than others, they think its more stable. Another reason why BTC is stronger than other currencies is actually derived from the first fact, that is, the strong and loyal core foundation of bitcoin, that is what really kind of defines bitcoin.

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August 19, 2017, 06:13:14 PM
 #116

Bitcoin, as i can say, is the most strong among other. It is the least risky of all cryptocurrency. Based on experience, it never fails and is secure in all kinds of situations. It is effective and reliable and you can feel safe on what you are dealing onto. To know this better, i advice to study and explore more about bitcoin because it will open new opporturnities and that is how you will manage the strength of bitcoin that can be offered as you learn the different do's and dont's. It will guide you to the betterment of the use of this kind of cryptocurrency.

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August 19, 2017, 06:27:31 PM
 #117

Bitcoin is the most strong compared to other crypto currencies.Bitcoin is most used crypto currency as it us used as a mode of payment is most of the sites.And it's price,this year Bitcoin gas gone from $3000 to $4100.Bitcoin is good for long term investment and it is very secure .Bitcoin is always in demand.
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August 19, 2017, 06:35:54 PM
 #118

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

Investment in altcoins is no more safe because there are strong forces behind pumping and dumping of altcoins, you just have to take risk if you want to get some profit. So do take risk and bitcoin is best option to invest but only when your capital is large you will get high profit.
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August 19, 2017, 06:39:27 PM
 #119

Bitcoin is the most strong compared to other crypto currencies.Bitcoin is most used crypto currency as it us used as a mode of payment is most of the sites.And it's price,this year Bitcoin gas gone from $3000 to $4100.Bitcoin is good for long term investment and it is very secure .Bitcoin is always in demand.
Important this demand buy bitcoin can higher than the supply (sell order) or not, because marketplace is the place for the battle took place of between bearish and bullish.
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August 19, 2017, 08:04:30 PM
 #120

Where does the Bitcoin market rise?
There are two forces shaping the free market. It's demand and supply. The supply of bitcoin is algorithmically stimulated. Every 10 minutes to the network gets a 12.5 bitcoin, as a reward for confirming transactions for miners. The rest of the supply is of course all the offers put up on stock exchanges.
With constant supply and rising prices, we can easily assume that demand has increased, which is no wonder. As the media gets louder and louder about the bitcoin, more and more people are interested in this market, and it is there that they want to invest their money.
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