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Author Topic: Bitcoin Is Not The Best? But...  (Read 752 times)
AVAMONEY
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October 30, 2017, 12:39:56 AM
 #41

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?
Agree. Bitcoin dominates the market in the next few years.
Although there are some promising positive altcoins, it can positively provide a balance in market players to invest. It's a good thing, so people need bitcoin as a price benchmark.
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October 30, 2017, 12:49:24 AM
 #42


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?

Oh yeah, I agree! It is not hard to agree on this. Bitcoin is the first among a sea, hell, an ocean of cryptocurrencies. It is therefore expected that those who followed will have to install what has been missed by the first comer. Those that will follow will upgrade what is considered lacking or weak features of the earliest comer. But then again, no one can beat the first. And you are right that there are so many establishments already that accept bitcoin. 

 
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October 30, 2017, 03:04:27 AM
 #43

Bitcoin is solid. It is the pioneer, and is pretty much what everything else is based on. Other coins may add features, but they also typically alter or remove a few others. This is why there are no existing coins out there that can be said to be completely better than Bitcoin. Even if there were, Bitcoin is honestly more than a sum of its parts. It has already emerged as a sound investment and a good storage of value and while other coins may beat it in terms of technology, it will be hard to usurp Bitcoin's throne in that aspect.

All of these coins only have value of we deem it to, and in a world where Bitcoin is the most valuable, it's also the best.

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October 30, 2017, 07:51:27 AM
 #44


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...therw 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 that bitcoin will dominate the world in terms of crypto currency acceptance because people who don't use or know bitcoin think that either it's a ponzi scheme and hardly people know that there are other cryptos except than bitcoin also.
Mining is so costly and is not environment friendly unfortunately, one of it's biggest drawbacks.

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October 30, 2017, 09:10:26 PM
 #45

i think bitcoin is still the best for me, for investing or for searching money with trading in daily because I can be able to make money by doing trading and other things related with bitcoin. there is no excuses for me to not say that bitcoin is the best, the reality bitcoin opportunity is wide open than the other investments like gold which we need to buy gold in some amount. but the disadvantages from bitcoin is we can not use our bitcoin in offline store in around us and we can only use in internet only.



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October 31, 2017, 08:53:17 AM
 #46

Currently bitcoin is the only best cryptocurrency in the market.
It acquires more than 50% share in crypto market.
Bitcoin is a blessing to the economy its totally new, secured, timely way of making payments all round the world, It has proven this since its introduction.
It is not only a medium of exchange but also a good tool of investment. 
It has helped many to gain income by doing jobs of mining etc.
But its not the only best cryptocurrency forever.
It do have some limitations. Since its introduction bitcoins are not accepted by all nations so we cannot claim it as a world currency.
It requires minimum infrastructure like mobile wallet, internet, electricity without which its useless.
Due to limited supply of bitcoins (21million)  its value is highly volatile, hence no valuation guarantee.
Bitcoin mining consumes large amount of electricity hence works only in those parts where electricity is cheap.
AlterNet energy sources requires huge investments.
In future new cryptocurrency which overcomes with these disadvantages may arise and replace bitcoins, till bitcoin is the king.
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November 01, 2017, 10:43:11 PM
 #47

Bitcoin has the biggest market capitalization but that doesnt mean it is the best. It cant be used worldwide for payments because the fees are various during the day and sometimes they are very big. Also the thing that some transactions take some time to be confirmed is slowing the bitcoin growing. Everyday appears new coins with new technology. I think if they would have all stick together and be one coin with all the advantages, that would be revolutionary
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November 01, 2017, 10:54:01 PM
 #48

I agree that bitcoin is the most appropriate choice as an option, because until now there is still no coin that can rival the power of bitcoin, bitcoin more and more users around the world.
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November 01, 2017, 10:58:38 PM
 #49


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?
Bitcoin is the best now and forever and I have invested in bitcoin why? because this is the future and you suggest me to use it otherwise you will regret it later.
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