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Author Topic: Does bitcoin important in blockchain world ?  (Read 361 times)
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January 06, 2018, 05:18:30 AM
 #21

Actually people don’t know so much  about blockchain but they love and they have strong feeling for blockchain. People are infatuated on blockchain. People start their journey with blockchain that lead to bitcoin and day by day it earns a strong feeling on digital currency which help the people for earning money at any situation. Now this is much more excited in virtual currency and also popular like other national or international or local currency  without doubt is so much important and interrelated to blockchain world.

Bitcoin has been the gateway why blockchain technology has been in existence so it would be important in blockchain. Due to the creation of bitcoin, people have been able to make other digital currencies base on its technology which is a big help for the people and will have a big impact on the technology nowadays. Maybe one day, if ever bitcoin loses its value, blockchain would still be used and people would always remember the coin behind the blockchain technology and be glad that it was created.

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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January 06, 2018, 05:28:01 AM
 #22

blockchain is the  reason why bitcoin still exist. blockchain technology now adopted and modified to make more fast transaction or used with other coins, thats why bitcoin cant leave blockchain, its my opinion

Today we all know blockchain technology is due to bitcoin. Reason of this technology got so much promoted in the world to layman was when the btc prices started to rise and crossed 10k or so. Thus removing the btc itself would be like removing this technology though now we have huge list of other coins being build on this technology.

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January 06, 2018, 05:48:24 AM
 #23

blockchain is the  reason why bitcoin still exist. blockchain technology now adopted and modified to make more fast transaction or used with other coins, thats why bitcoin cant leave blockchain, its my opinion

Today we all know blockchain technology is due to bitcoin. Reason of this technology got so much promoted in the world to layman was when the btc prices started to rise and crossed 10k or so. Thus removing the btc itself would be like removing this technology though now we have huge list of other coins being build on this technology.

The blockchain is already invented before Bitcoin released, 1991 to be exact. Then at 2008, Satoshi popularized Bitcoin using Blockchain technology. But yeah Blockchain will not be popular if it isn't because of Bitcoin.
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January 06, 2018, 06:35:01 AM
 #24

Of course yes! The transaction cannot be processed and recorded without blockchain. There is no called mining without blockchain. That's why blockchain is needed and important in bitcoin.

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January 06, 2018, 08:33:08 AM
 #25

Yes, Bitcoin is the reason people know blockchain, and Bitcoin is the first most successful coin using blockchain technology, so it can be say that blockchain technology is introduce because of Bitcoin and after Bitcoin successful, blockchain being implemented in a lot of alt coins


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January 10, 2018, 08:13:59 PM
 #26

Not only is it important it plays an integral and vital role in how beginners understand the industry. When I first got into Bitcoin it was because I knew about Bitcoin not because of altcoins, or because of cryptocurrency, or cryptography, or "mooning". None of those I knew about all I knew was Bitcoin existed and it seemed awesome and from there we gain and expand our knowledge about blockchains.
Yeah, most people in the crypto space today got a hint of bitcoin first and gradually got to know all about the blockchain technology being the base for bitcoin before they even start getting a hint of other cryptocurrencies. The role of bitcoin in the blockchain world is highly important and this is a role that would keep being in relevance for the rest of the crypto space life.

Bitcoin is highly important. The first cryptocurrency that the blockchain technology gave birth to was bitcoin and that is what totally make bitcoin different and why other coins are totally classified as altcoins and that is what they will always be, no matter how the bankers try to push a centralized bullshit up if you know what I am saying. Bitcoin serves as the main one that other coins just decided to build on.
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January 11, 2018, 02:19:44 AM
 #27

Not only is it important it plays an integral and vital role in how beginners understand the industry. When I first got into Bitcoin it was because I knew about Bitcoin not because of altcoins, or because of cryptocurrency, or cryptography, or "mooning". None of those I knew about all I knew was Bitcoin existed and it seemed awesome and from there we gain and expand our knowledge about blockchains.
Yeah, most people in the crypto space today got a hint of bitcoin first and gradually got to know all about the blockchain technology being the base for bitcoin before they even start getting a hint of other cryptocurrencies. The role of bitcoin in the blockchain world is highly important and this is a role that would keep being in relevance for the rest of the crypto space life.

Bitcoin is highly important. The first cryptocurrency that the blockchain technology gave birth to was bitcoin and that is what totally make bitcoin different and why other coins are totally classified as altcoins and that is what they will always be, no matter how the bankers try to push a centralized bullshit up if you know what I am saying. Bitcoin serves as the main one that other coins just decided to build on.

In my opinion, bitcoin is important in the blockchain world because it is the entry why the blockchain  technology has been in creation thus it is considered to be significant. Since bitcoin is the most popular with a very high currency value, blockchain will be able to offer its platform in the world using the new technology to build a good financial system.

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January 11, 2018, 02:51:52 AM
 #28

Actually people don’t know so much  about blockchain but they love and they have strong feeling for blockchain. People are infatuated on blockchain. People start their journey with blockchain that lead to bitcoin and day by day it earns a strong feeling on digital currency which help the people for earning money at any situation. Now this is much more excited in virtual currency and also popular like other national or international or local currency  without doubt is so much important and interrelated to blockchain world.
If we’re talking about blockchain technology it’s always come up with the idea of decentralized transaction and in order to have decentralized transaction blockchain needs a currency to transact between to people without the use of third party to process their transaction anonymously. It’s related to each other without the invention of each of every one of them I think it’s will not popular and in demand nowadays. Bitcoin needs the blockchain technology and blockchain technology needs bitcoin so each of them are important and have their own roles in today’s blockchain era.

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January 11, 2018, 03:01:37 AM
 #29

It is very important in blockchain world because it plays a big role in the network world. We cannot see an actual money on it but this might not a joke to everyone because we hear stories about the number one factors of their success in bitcoin because they invested it too much and they can see a good result of it. However self-discipline and integrity is just a few examples to become successful in bitcoin because it is already existing. Eventhough others see this as a risk but you have a choice.
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January 19, 2018, 11:38:37 PM
 #30

Yes it is!  Bitcoin is important in blockchain world because it needs a blockchain technology inorder to transac money between two or more person secretly. Blockchain plays a vital role in the world of cryptocurrency and bitcoin is the soul of all cryto's.
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January 19, 2018, 11:46:36 PM
 #31

Actually people don’t know so much  about blockchain but they love and they have strong feeling for blockchain. People are infatuated on blockchain. People start their journey with blockchain that lead to bitcoin and day by day it earns a strong feeling on digital currency which help the people for earning money at any situation. Now this is much more excited in virtual currency and also popular like other national or international or local currency  without doubt is so much important and interrelated to blockchain world.
Well people only have strong feeling for blockchain though not bitcoin since most use bitcoin merely for SPECULATION PURPOSES. Although that is the case, bitcoin will forever be relevant in the blockchain world because it is the first to use blockchain tech and implement it. No matter what coin pops out, even if it is dethroned, it will be important and will be written in the history as the pioneer of cryptocurrencies and blockchain.
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January 25, 2018, 12:59:13 PM
 #32

Yes. it is very important in the blockchain world. And i think this two are signifiant for the successful crypto world.

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January 25, 2018, 01:11:07 PM
 #33

Bitcoin does have an important role on a blockchain technology or in the system of transaction on the blockchain because we could notice that Bitcoin also serve as a universal currency in the world of cryptocurreny where most of crypto  currency depends its price on the current price on Bitcoin just like how fiat system mostly depends on the price or value of dollar. So every transaction on the blockchain has an alignment on the movement on the stock of Bitcoin where such development and progress could have.

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January 25, 2018, 01:54:43 PM
 #34

Actually people don’t know so much  about blockchain but they love and they have strong feeling for blockchain. People are infatuated on blockchain. People start their journey with blockchain that lead to bitcoin and day by day it earns a strong feeling on digital currency which help the people for earning money at any situation. Now this is much more excited in virtual currency and also popular like other national or international or local currency  without doubt is so much important and interrelated to blockchain world.

Booth bitcoin or altcoin have a big role in the block chain market because without this coins there is no marketing done between bitcoin and the block chain,and theres no transaction  happen in the exchange market if bitcoin is  not grow  in the digital currency.blockchain is a passage way of all transaction neither mining,trading etc. bitcoin and block chain always be partner together in the world of digital currency.

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January 25, 2018, 04:17:13 PM
 #35

Bitcoin has been the portal why blockchain innovation has been in presence so it would be essential in blockchain. Because of the production of bitcoin, individuals have possessed the capacity to influence other computerized monetary forms to base on its innovation which is a major help for the general population and will bigly affect the innovation these days. Possibly one day, if at any point bitcoin loses its esteem, blockchain would in any case be utilized and individuals would recall forget the coin behind the blockchain innovation and be happy that it was made.
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January 25, 2018, 05:22:39 PM
 #36

I think  blockchain had been around before Bitcoin was created.  The only thing that Bitcoin differs is being decentralized.  Being the first mover to decentralized blockchain, Bitcoin had been a model to other blockchain based decentralized digital currency.  Bitcoin, being seen to be adopted by many people, others developer look at it as role model thus making their blockchain creation to follow the path of decentralization just like bitcoin.  Aside from that being the first one to be the decentralized blockchain, the following coins have seen the pros and cons of the structure of bitcoin and create a blockchain that will tackle or address the flaws of Bitcoin and fix it in the new coin.
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January 25, 2018, 05:47:13 PM
 #37

Yes it is!  Bitcoin is important in blockchain world because it needs a blockchain technology inorder to transac money between two or more person secretly. Blockchain plays a vital role in the world of cryptocurrency and bitcoin is the soul of all cryto's.
We have no doubt in bitcoin is the most important in blockchain world. It is becoming stronger the performace until now and also the more users the demand increasing. Yes it is one of the rule of this technology that serve as payment system.
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January 25, 2018, 06:20:11 PM
 #38

It is true that bitcoin has pioneered the popularity of blockchain and it has boosted the people's interest in cryptocurrency which gives the people the financial freedom and the control for their wealth. Once the government and other corporations have realized the true value and proper utilization of blockchain technology, bitcoin and the other coins that are useful could possibly increase its value over time.
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January 25, 2018, 07:03:53 PM
 #39

Yes off course bitcoin is important in block chain. Recently it is very important. Block chain is generally used for cryptocurrencies and bitcoin holds the king place in cryptocurrencies. But if the all the sectors of economy are starting to adoption of block chain technology in a serious rate, The bitcoin will certainly loose some of its importance. But who knows! Even this happen, Bitcoin might be important till the end.
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January 25, 2018, 09:02:19 PM
 #40

Actually people don’t know so much  about blockchain but they love and they have strong feeling for blockchain. People are infatuated on blockchain. People start their journey with blockchain that lead to bitcoin and day by day it earns a strong feeling on digital currency which help the people for earning money at any situation. Now this is much more excited in virtual currency and also popular like other national or international or local currency  without doubt is so much important and interrelated to blockchain world.
Blockchain is the base of bitcoin, it's a very important platform which led to to the growth of btc and with time it has helped with the growth of altcoins too, it will grow and become a very crucial part of the future digital markets.
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