dbijoy
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May 05, 2018, 06:07:03 PM |
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You know the bitcoin in the cryptocurrency market. You really do never know what you are going to get. I am something of a bitcoin maximalist (have been since 2009) but am open to other currencies. As a result of a collaboration with one alt (BCN, which is the coin from which Monero was forked) which at the time, a few years ago, was 63rd or 65th on the crypto market cap list (it wasn't worth much at that time, relative to some other decentralized cryptosystems), I was able to get an idea integrated into BCN that at the time simply would not have been possible to have been integrated into bitcoin: small, but voluntary microdonations (as an option in the BCN graphical wallet, either from mining or just from transactions). see http://abis.io for some details. That was back in late 2015. (Today BCN is 28th on Coinmarketcap, it usually has been ranging now somewhere between 20th and 25th, but the past couple days have been rough for all cryptos, though they will bounce back.)The fact that it has been time-tested longer than any other crypto? A supposed community that supports it (what support they give eludes me too, I don't see much support actually)? Right now I see the BTC as a bloated, outdated and overvalued ecosystem that may survive and continue to thrive just because it has the first mover advantage and biggest network, but I am not sure of it and would really appreciate if it actually kept the edge in its design and technology too over other cryptos. Right now I don't see it at all. So bitcoin is a king of all coin. |
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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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elusive1
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May 05, 2018, 06:23:17 PM |
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Bitcoin is the king because becomes the standard price of all coins, as we know that the effect of bitcoin is very strong, more than 10,000 exchanges make bitcoin for trading and this certainly makes the use of bitcoin very large compared to other coins.
Yes, Bitcoin is still king, and all that is said about him is true. But Bitcoin's dominance in the market is gradually falling, now its market share is 36%, and in early 2017 it was 80%. I think this trend will continue. |
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KateOrigami
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May 05, 2018, 06:28:14 PM |
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The main question is not how high bitcoin can go up. The main question is how low the fiat currencies can drop. As a result, they will completely depreciate, because they are simply irresponsibly pre-printed. All of these currencies have been in operation since the Bretton Woods, and it's possible that the dollar will not fall to zero relative to the rest, but in fact all the fiat currencies have already fallen by 95% relative to something that can not be regulated - for example, gold and crypto-currencies. So bitcoin could well grow to a million apiece
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Dotakels
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May 06, 2018, 04:35:12 AM |
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Bitcoin is the king because becomes the standard price of all coins, as we know that the effect of bitcoin is very strong, more than 10,000 exchanges make bitcoin for trading and this certainly makes the use of bitcoin very large compared to other coins.
Yes, Bitcoin is still king, and all that is said about him is true. But Bitcoin's dominance in the market is gradually falling, now its market share is 36%, and in early 2017 it was 80%. I think this trend will continue. It's hard to say what will happen, but as a rule, everything is cyclical, so the opposite can happen! I do not know what can happen, thanks to which the dominance of bitcoin on the market will grow again, but I would be interested to see) |
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Pakwan12
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May 06, 2018, 05:46:06 AM |
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Yes bitcoin is still the king of all cryptocurrency because of the high price in the market.
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@Mhaiang
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W12 – Blockchain protocol
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May 06, 2018, 06:10:07 AM |
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It is not because bitcoin is the first cryptocurrency ever existed in the cryptoworld but because bitcoin has become the currency in which alternate coins has a pair to it so you can trade your alt coin to bitcoin before you convert it to fiat. On the other hand, bitcoin's fall down can also be a falldown to alt coins market cap and price.
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dany henry
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May 06, 2018, 06:16:39 AM |
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Simply because the most popular coin to trade with is BTC. All the top exchanges offer a BTC trading pair. Thus when BTC starts to move everyone starts trading out of (or into) alts via BTC. Thus the BTC economy is in many ways the crypto economy. Bitcoin is king and queen, and the other coins are at best following it.
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oceantiger
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May 06, 2018, 06:34:37 AM |
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Bitcoin is a king and will remain one because it is the precursor for every other altcoins. Bitcoin is the measure for all other altcoins. If bitcoin is trending upwards all other altcoins will move in the same direction and if it is in the opposite then theirs also will be in the opposite. Bitcoin is resilience and have the capacity to withstand multiple attacks as we have experience early this year.
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henry056
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May 06, 2018, 06:40:36 AM |
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not being as the king because bitcoin started it all it was the mother of all crypto . without bitcoin these coins and tokens will not be here .Going back to the history bitcoin was born with its own blockchain and time by time many are getting into it and if you say crypto bitcoin is the first thing people will remember because bitcoin can be seen on internet or in television . it was the most famous crypto in the world
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andohyeb
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May 06, 2018, 06:50:32 AM |
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Bitcoin is the first cryptocurrency I think has gained such a popularity and the demand for it is increasing everyday. Besides it has the largest volume of market capitalization and is the real reason why it is king .
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NerdofBTC
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May 06, 2018, 06:53:41 AM |
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A person became king as if he is on the top and have a sufficient qualities of king or if we talk about cryptocurrency is king is bitcoin as it is on the top of all cryptocurrency with a price of 9800$ it is leading to the market and it attracts the people more and more everyone wants to invest in bitcoin because it give you a good return so its the king of cryptocurrency.
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faithofb
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May 06, 2018, 07:07:28 AM |
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it will always be the king for been first pioneer and first cryptocurrency created, without the creation other cryptocurrency can exist..
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nurulbd
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May 06, 2018, 07:17:56 AM |
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Bitcoin has no own entity. Owner is the only main user of Bitcoin platform . Many countries now use Bitcoin and Blockchain technology. Blockchain technology are economically very well at this time.its growing very well on the Banking sector.Bitcoin used for Blockchain For this, Bitcoin is known as the King of Coins.Because, Day by Day its popular on the world Economy.
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Apes
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May 06, 2018, 07:23:53 AM |
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Yes bitcoin is king because of the very high value among other coins and the first crypto coins in the world .. and if someone who has bitcoin with so many then that person will be king like bitcoin .. because its value is very high in price and digital currency first in the world and many are hunting him to become rich ..
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Mekmbem
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May 06, 2018, 07:25:15 AM |
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because bitcoin is the first coin created and the amount is limited to only 21 million only and the price is very expensive, because it is bitcoin in nicknamed king of all coins in the market  |
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xhoondilan
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May 06, 2018, 07:56:46 AM |
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The main advantages of Bitcoin why it is callred the king are network effect and proven security. Both are nearly insurmountable advantages. Bitcoin has a large lead as a store of value over every altcoin in having existed 8 years without failure. The security of Bitcoin has been proven far more than its much younger counterparts with usage by almost every metric exceeding that of altcoins. Further, Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Bitcoin is far more liquid, with much larger volumes than every altcoin. That's why bitcoin has many advantages in other crypto and more people using it rather than the other crypto.
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ArnoldChippy
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May 06, 2018, 07:58:05 AM |
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Bitcoin is the first cryptocurrency I think has gained such a popularity and the demand for it is increasing everyday. Besides it has the largest volume of market capitalization and is the real reason why it is king .
In fact that is the main reason, that bitcoin is the fist most currency created as online currency, although after that so many altcoin have been created but still bitcoin is the best and number one currency of the world and will remain as the number one currency of the world. and that is the reason that we can call it as the kind of the crypto world. |
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dear53
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May 06, 2018, 08:38:53 AM |
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Yes bitcoin is king.Bitcoin is king because its activity.bitcoin is a very first currency.It is the most trusted currency and safe also.There are many online currency start there journey with bitcoin now you see that where is others currency and where is bitcoin.Millions of people in the whole world use bitcoin.It is the safe and most secure currency.Day by day bitcoin price is going to high and high.Some times its price is going to down but its for a very short time.
So this is the reason people called bitcoin is the king of all currency......😊😊😊😊😊
Your ever😊
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Kaniel-ouots
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May 06, 2018, 08:40:37 AM |
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bitcoin is the king cuz its the real idea the originale idea the first one and cuz its limits (mining,coins) it will be allways the first and top 1
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hibiscus
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May 06, 2018, 09:00:23 AM |
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Bitcoin is the first and very strongest crypto currency which has started in the year 2009.It is known as the king among the alt coins because its popularity among the educated mass is widened world wide due to its varied usage in the human life.The investors and business people are attracted bitcoin as a good investment which can be operated world wide.Bitcoin is volatile in the market which will be good for the day traders.This is usable for the salary payment and for the service bill payment etc.Bitcoins market capital and the daily traded volumes are very high so we can say that bitcoin is the King among the crypto currency.
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