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Author Topic: Bitcoin Is Not The Best? But...  (Read 752 times)
Aufar
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October 27, 2017, 12:11:07 PM
 #21

For me Bitcoin is the best, well .. can increase income, and can help parents in the field of finance,
Now, the price of Bitcoin is rising steadily and I believe it will continue until it becomes the world's most powerful currency. No coin can beat Bitcoin, and Bitcoin is number one and is becoming popular.
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October 27, 2017, 12:16:37 PM
 #22

Everyone has its own reasons and criteria to say that something is good or best or not. If you looking for the highest value and acceptance in “real world” then Bitcoin is the best. If you are looking for high level of anonimity then it’s not, there are better like Monero.
But all reasons aside Bitcoin has achieved what no other coin have and probably even won’t. This status and position in cryptocurrencies world will be very hard to achieve. After a while not so big number of cryptocurrencies like we have now will survive but Bitcoin will definetely be one of survivors and will be on the top of the list of powerful cryptocurrencies that have changed the finances forever.

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October 27, 2017, 12:24:22 PM
 #23

Everyone has its own reasons and criteria to say that something is good or best or not. If you looking for the highest value and acceptance in “real world” then Bitcoin is the best. If you are looking for high level of anonimity then it’s not, there are better like Monero.
But all reasons aside Bitcoin has achieved what no other coin have and probably even won’t. This status and position in cryptocurrencies world will be very hard to achieve. After a while not so big number of cryptocurrencies like we have now will survive but Bitcoin will definetely be one of survivors and will be on the top of the list of powerful cryptocurrencies that have changed the finances forever.
I also believe that bitcoin will always be number one in the world of cryptocurrency. But it seems to me that bitcoin is very much loses with the Fiat because of the fact that we are not able to buy everything with bitcoin. Everyone is forced to change bitcoin to Fiat. This creates additional complexity in its use and we have additional costs. Believe that these problems will soon be solved.
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October 27, 2017, 12:30:27 PM
 #24

To see all things, one of the most I believe that about electricity it I don't think it will have a pretty serious problem. Because all countries already have a level of professionalism in organising and making inventories would be sure and green revolution. one thing so the problem is not the technology but rather the level of electric capacity bitcoin which I think would be a problem major later in the day. Because when the bitcoin has started the famous and widely-used definitely need large capacity.
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October 27, 2017, 12:32:56 PM
 #25

Exactly. Bitcoin is the most widespread crypto, the one that has survived the most to malicious attacks, from the media, from international corporations, even from its own community, yet it has remained dominant. But, Popular =/= Best, compared to altcoins, Bitcoin is lacking some development. For example, anonymity, you can't compared Bitcoin to let's say Monero, the latter offers way better security to the user, yet it isn't the most well known or accepted alt coin in the market. It's true that BTC holds the largest market cap and a 57% dominance on the market, but i think Bitcoin could definitly learn a thing or two from some altcoins.

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October 27, 2017, 12:41:38 PM
 #26

Bitcoin is not the best but in my opinion it will last a long time in the future. Because it is recognized around the world, in limited quantities, bitcoin is becoming increasingly scarce, causing its value to increase. This makes bitcoin always the number one.
Yes it will last a long time in the future. Bitcoin is not the best but i think it is the strongest cryptocurrency now. This is because its unstoppable price that makes it become more strongest cryptocurrency.
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October 27, 2017, 01:26:05 PM
 #27

Bitcoin is 100% the best form of money that exists today. It is the best store of value, medium of exchange, and unit of account that is available today. Gold and Fiat are inferior.
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October 27, 2017, 02:09:18 PM
 #28

indeed if we talk the best of course bitcoin is not the best but the role and value of bitcoin that makes the reputation and popularity of bitcoin increased, and certainly not wrong if we expect the progress of bitcoin in the future that continues to increase.
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October 27, 2017, 02:18:47 PM
 #29

To see all things, one of the most I believe that about electricity it I don't think it will have a pretty serious problem. Because all countries already have a level of professionalism in organising and making inventories would be sure and green revolution. one thing so the problem is not the technology but rather the level of electric capacity bitcoin which I think would be a problem major later in the day. Because when the bitcoin has started the famous and widely-used definitely need large capacity.

Electricity is the matter for the everyone in bitcoin and altcoin mining. There should be high electricity for the mining since the high volt PSU and high range mining being used. You may check the green energy sufficient country to start mining. Every third world country will not be bear to supply electricity since the cost of electricity is higher those locations. Go with the solar energy to get the proper income for the bitcoin miner.

 
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October 27, 2017, 02:28:20 PM
 #30

Everything needs a standard for it to be recognize as a whole and that what has bitcoin done for the cryptocurrency. So even there are features that other coins have that bitcoin doesn't it is still considered the best because those altcoins are depending on bitcoin to for its value. remember if bitcoin is down altcoins goes down too. And you cannot cash out altcoins without first turning it into btc and that reason alone is enough to name bitcoin the best.

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October 27, 2017, 02:33:18 PM
 #31

Bitcoin will most likely stay on top just because it is the first and most trusted. People won't just suddenly have the idea to drop out from bitcoin at the same time, as long as the price is fluctuating, bitcoins market will keep sustaining itself. Yes you are right that bitcoin is not the best at everything, and that's good, that means we have a lot to improve. All these coins you've mentioned are good at their specific purposes, and having these coins alongside bitcoin would help develop cryptocurrencies as a whole.
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October 27, 2017, 02:42:41 PM
 #32

The failure of Bitcoin on various fronts is the basis of invention of new coins. Suppose if Bitcoin would perfect coin then could we see such huge number of coins as being created every other day?
But keeping all factors aside, Bitcoin will be first cryptocurrency forever and no other coin could take that title from it. Therefore it attracted first mover advantage and such a big community. I doubt if any other coin could work perfectly without the problem of scalability if used on such large scale. So it's wrong to compare other coins with Bitcoin when other coins are being used on very low scale compare to what Bitcoin does.
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October 27, 2017, 02:43:31 PM
 #33

Bitcoin is not the best but in my opinion it will last a long time in the future. Because it is recognized around the world, in limited quantities, bitcoin is becoming increasingly scarce, causing its value to increase. This makes bitcoin always the number one.

I agree that Bitcoin isn’t the best cryptocurrency but it had a big advantage being the first. It’s hard to differentiate the hundreds of other coins to the point that there is a consensus for the one that should take over as leader. It may never happen because people have different opinions about which one is best. By default, Bitcoin will have a higher market cap for the foreseeable future. Name recognition plays a major role in its success.
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October 28, 2017, 02:16:17 PM
 #34

Bitcoin will most likely stay on top just because it is the first and most trusted. People won't just suddenly have the idea to drop out from bitcoin at the same time, as long as the price is fluctuating, bitcoins market will keep sustaining itself. Yes you are right that bitcoin is not the best at everything, and that's good, that means we have a lot to improve. All these coins you've mentioned are good at their specific purposes, and having these coins alongside bitcoin would help develop cryptocurrencies as a whole.
Yes bitcoin is the top most cryptocurrency of this world this is just because of people faith and believe in it people invest into it just because the profit rates are so high and the deliverance is also at the top that’s why there is more trend in investing into bitcoin and in short those who are asking it is not best they must be haters and bitcoin will answer them with the price in future so wait and watch for the war.

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October 30, 2017, 12:07:50 AM
 #35


We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...there are new versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.

There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).

Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities  or features which can convey to us that indeed Bitcoin is the future.

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?
I don’t think so bitcoin is always the best because many if life changes with bitcoin and also many people use bitcoin for online work which is not able in real life and effect their life that’s why I don’t see bitcoin useless, bitcoin is a digital cryptocurrency and make a lot of difference in real life. And those who consider bitcoin useless they don’t know the real meaning and use of bitcoin.
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October 30, 2017, 12:10:47 AM
 #36

Indeed as the popularity of and demand for online currencies increases since the inception of bitcoin in 2009, with a such an unregulated person to person global economy that cryptocurrencies offer has displayed a marked lack of regulation that attracts many users who seek decentralized exchange and use of currency.
Those who know the real meaning and use of bitcoin they get the profit and change their life while those who don’t know the value of their future and use of bitcoin then they will not succeeded and they will face lot of problems in life so that’s why bitcoin came to the real world and people getting profit and making their future.
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October 30, 2017, 12:14:34 AM
 #37

Bitcoin is the best cryptocurrency today, bitcoin will be the coin of the future ,im pretty sure
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October 30, 2017, 12:33:12 AM
 #38

Bitcoin is 100% the best form of money that exists today. It is the best store of value, medium of exchange, and unit of account that is available today. Gold and Fiat are inferior.

Well, that's what you think. I won't argue of your opinion because you have the right to express what you believe. People have different opinions with regards to the bitcoin's price but for me, bitcoin is not only the best cryptocurrency in this world. There are many kinds of coins existing which are best for investing. The only fact is, bitcoin still blowing up and many people never tired of waiting and said to be a "bitcoin fan" or "bitcoin believers".

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October 30, 2017, 12:34:39 AM
 #39


We are now swimming in the sea of coins and tokens as the cryptocurrency marketplace is expanding astronomically for the past many months. We are into the barrage of new ICOs almost everyday...there are new versions of Bitcoin, new idea of a cryptocurrency and sometimes also strange projects which can be hard to fathom and let alone swallow intellectually.

There are those who believe that actually Bitcoin is not the best cryptocurrency though it is the first and the original. Others are pointing the problem of the Bitcoin network consuming a huge load of electricity to power up its mining operation...this can be a big problem not just in terms of cost but also because we are now entering the green revolution (a solution is of course using renewable power supply).

Bitcoin is not really so anonymous which give rise to Monero or Bytecoin, coins performing much better along this realm. We also have the powerful miners having such a great influence and decision control over the community. Compared to Ethereum or even XEM, we still have to see a myriad of extra utilities  or features which can convey to us that indeed Bitcoin is the future.

With all of these problems (or maybe we can call them as challenges), Bitcoin will still be the most important and the top cryptocurrency primarily because it has the largest or the biggest or the most widespread or the most dynamic network of acceptance. Do you agree?

I agree with you, bitcoin is the best the digital currency that gives me some hope for the great future with my family in terms of financial status if i work hard for it.

Inspite of the negative news, bitcoin is still undefeated and consider it as our future.

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October 30, 2017, 12:39:39 AM
 #40

What is anyone's definition of best?

There might be faster coins out there. Are they as secure? There might be coins with more capacity. Could they handle full capacity 24/7 for years on end without breaking? Bitcoin can. I doubt people want to test it out again with other coins.

Exactly. Also these coins that claim to be faster require so many more than 6 confirmations with any wallet so what's the real benefit?
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