Cryptocb
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May 12, 2018, 01:29:05 PM |
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Bitcoin has the great potential to become the king of all crypto coin, and the most reason why and the secret about it is blockchain technology knows, which is below human explanation.
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saumang2m
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May 12, 2018, 06:18:25 PM |
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Bitcoin is a platform where we can work and earn money. And whatever we earn, we get it as a crypto currency. And crypto is the currency of the future. All countries are dependent on the digital currency for the future and crypto is a good alternative to the digital currency. I think Bitcoin is the king of the crypto market.
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Bodik1710
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May 12, 2018, 06:26:42 PM |
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I think that Bitcoin is king.It is the mother of all cryptocurrency.I reccomend you buy Bitcoin now because it is price is not high.
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cmacwiz
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May 12, 2018, 06:31:12 PM |
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I understand for the past years, Bitcoin has been the king of cryptos, but why is that so? I have been for several months now reading a lot about the whole crypto ecosystem, i even bought several bitcoins back in August (sold them all today, for 4x returns and am keeping all the money in the broker account, and maybe i'll buy BTC again just as soon as i manage to retrieve my belief in BTCs future viability -i am trying really hard).
Enough background, now on to the topic at hand. I am now all too familiar with the challenges BTC has in front of it, and i sincerely can't see a solution.
1. Slow transactions - If you pay a high enough fee (at the moment over $15), you'll get a 10 minutes confirmation for your transaction. So at the very least it takes 10 minutes for a transaction to pass through, which really isn't so much assuming one is willing to pay the high fee. If one doesn't want to pay over $1 (i mean why should we, since the original idea of cryptos was that they should be cheap, fast and anonymous!), then one will wait indefinitely, probably for days or even damn weeks!!!
2. High fees - Now over $15 for high priority on the blockchain. Imagine if the price were to multiply by 5x. The fees!! $100+ per transaction maybe? This is insane. Satoshi Nakamoto has/have probably unfortunately died (i mean he/they WOULD by now have come forward and said enough is enough, miner cartels are ruining the BTC system and these high fees are outrageous insanity) turning in his grave with the hell that is happening to the BTC's ecosystem.
3. Lack of solutions - The major solution everyone is currently clinging to is the Lightning Network. Really?? It is still theoretical. Will it ever be effectively implemented and integrated into BTC and its blockchain? We don't know. Will it be practical, and effectively reduce costs substantially? We don't know! When will it be ready? Sometime in 2018? With a measly small team of developers? 2018 maybe! If it ever becomes pratical. Right now it seems the WHOLE BTC ecosystem hopes that the LN will work and solve ALL of BTCs complex problems. This is a very big and risky assumption. If it doesn't, i sincerely don't see how the BTC is going to navigate ever higher demand and users. It will bottleneck even more and the result will not be pretty. Besides, the whole concept of creating off-chain direct channels between users doesn't seem very practical to me, but perhaps i am wrong.
4. Miner cartels? Have major miner groups taken over the BTC? I haven't studied it deeply enough to make this conclusion, but this is the feeling i am fetting, maybe i am very wrong. Why isn't a solution to this DAMN OBVIOUS BOTTLENECK PROBLEM being chased with the urgency that i think the BTC community should have? Maybe i am missing something, or many things, i am by no means an advanced and very knowledgeable member of the community. But is the theory that major miner groups hijacking the BTC ecosystem in order to keep their high fees absurd? Maybe it is, but at my current understanding it seems like a possibility.
5. Bitcoin considered solely as a store of value. Right now, the only use of BTC is functioning as a store of value. Let other cryptos serve the more mundane task of serving as cash! BTC is digital GOLD! So the argument goes. Is this enough for the BTC? This isn't what i thought BTC was supposed to be. It SHOULD serve as a srote of value as well as a means for making fast and costless daily transactions. You see i am not against a system that serves solely as a store of value but i WONDER if it will be enough, will BTC present enough utility for people once they realize they can't use it for small transactions, but instead they should see BTC solely as something akin to a long term investment, that isn't useful for small transactions? The way i see it the more utility a crypto currency presents to its users, the ore value it will have, and right now there are a dozen CRYPTOS will a lot more utility than the Bitcoin.
So i ask again what makes Bitcoin the King? Network effect? 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 it's design and technology too over other cryptos. Right now i don't see it at all.
Yes. I do believe that bitcoin is the king among all the cryptocurrencies which exist throughout the world. There are many other cryptocurrencies like etherium, monero. But none of them is like bitcoin this is because firstly, bitcoin has the highest amount of popularity among the people throughout the world. Then it also has the highest amount of users all over the world. Because of which its demand is more than any other cryptocurrencies. |
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Sandijoee
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May 12, 2018, 06:40:19 PM |
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Yes of course the bitcoin is king, but the king of coin cryptocurrency. Because the first coin bitcoin is in cryptocurrency. So naturally if bitcoin becomes king.
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vionas
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May 12, 2018, 06:42:02 PM |
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I understand for the past years, Bitcoin has been the king of cryptos, but why is that so? I have been for several months now reading a lot about the whole crypto ecosystem, i even bought several bitcoins back in August (sold them all today, for 4x returns and am keeping all the money in the broker account, and maybe i'll buy BTC again just as soon as i manage to retrieve my belief in BTCs future viability -i am trying really hard).
Enough background, now on to the topic at hand. I am now all too familiar with the challenges BTC has in front of it, and i sincerely can't see a solution.
1. Slow transactions - If you pay a high enough fee (at the moment over $15), you'll get a 10 minutes confirmation for your transaction. So at the very least it takes 10 minutes for a transaction to pass through, which really isn't so much assuming one is willing to pay the high fee. If one doesn't want to pay over $1 (i mean why should we, since the original idea of cryptos was that they should be cheap, fast and anonymous!), then one will wait indefinitely, probably for days or even damn weeks!!!
2. High fees - Now over $15 for high priority on the blockchain. Imagine if the price were to multiply by 5x. The fees!! $100+ per transaction maybe? This is insane. Satoshi Nakamoto has/have probably unfortunately died (i mean he/they WOULD by now have come forward and said enough is enough, miner cartels are ruining the BTC system and these high fees are outrageous insanity) turning in his grave with the hell that is happening to the BTC's ecosystem.
3. Lack of solutions - The major solution everyone is currently clinging to is the Lightning Network. Really?? It is still theoretical. Will it ever be effectively implemented and integrated into BTC and its blockchain? We don't know. Will it be practical, and effectively reduce costs substantially? We don't know! When will it be ready? Sometime in 2018? With a measly small team of developers? 2018 maybe! If it ever becomes pratical. Right now it seems the WHOLE BTC ecosystem hopes that the LN will work and solve ALL of BTCs complex problems. This is a very big and risky assumption. If it doesn't, i sincerely don't see how the BTC is going to navigate ever higher demand and users. It will bottleneck even more and the result will not be pretty. Besides, the whole concept of creating off-chain direct channels between users doesn't seem very practical to me, but perhaps i am wrong.
4. Miner cartels? Have major miner groups taken over the BTC? I haven't studied it deeply enough to make this conclusion, but this is the feeling i am fetting, maybe i am very wrong. Why isn't a solution to this DAMN OBVIOUS BOTTLENECK PROBLEM being chased with the urgency that i think the BTC community should have? Maybe i am missing something, or many things, i am by no means an advanced and very knowledgeable member of the community. But is the theory that major miner groups hijacking the BTC ecosystem in order to keep their high fees absurd? Maybe it is, but at my current understanding it seems like a possibility.
5. Bitcoin considered solely as a store of value. Right now, the only use of BTC is functioning as a store of value. Let other cryptos serve the more mundane task of serving as cash! BTC is digital GOLD! So the argument goes. Is this enough for the BTC? This isn't what i thought BTC was supposed to be. It SHOULD serve as a srote of value as well as a means for making fast and costless daily transactions. You see i am not against a system that serves solely as a store of value but i WONDER if it will be enough, will BTC present enough utility for people once they realize they can't use it for small transactions, but instead they should see BTC solely as something akin to a long term investment, that isn't useful for small transactions? The way i see it the more utility a crypto currency presents to its users, the ore value it will have, and right now there are a dozen CRYPTOS will a lot more utility than the Bitcoin.
So i ask again what makes Bitcoin the King? Network effect? 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 it's design and technology too over other cryptos. Right now i don't see it at all.
Because bitcoin values are the highest and many believe in bitcoin so bitcoin is considered a coin king. Bitcoin is the strongest and more enduring for a very long time. |
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rjrajonno
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May 12, 2018, 07:01:37 PM |
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Bitcoin is like him many others people,and bitcoin is a great value for our country man and women.It is a wounder of business part of our life.So bitcoin is a king all the coin.
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cloudproject
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ImmVRse | Disrupting the VR industry
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May 12, 2018, 07:03:52 PM |
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bitcoin are the first crytpo that created by the blockchain system, and because of that the first one and with the low supply that making it pirce are high it can be the king because bitcoin is the first time starter from it
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tylerderden
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May 12, 2018, 07:32:43 PM |
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I understand for the past years, Bitcoin has been the king of cryptos, but why is that so? I have been for several months now reading a lot about the whole crypto ecosystem, i even bought several bitcoins back in August (sold them all today, for 4x returns and am keeping all the money in the broker account, and maybe i'll buy BTC again just as soon as i manage to retrieve my belief in BTCs future viability -i am trying really hard).
Enough background, now on to the topic at hand. I am now all too familiar with the challenges BTC has in front of it, and i sincerely can't see a solution.
1. Slow transactions - If you pay a high enough fee (at the moment over $15), you'll get a 10 minutes confirmation for your transaction. So at the very least it takes 10 minutes for a transaction to pass through, which really isn't so much assuming one is willing to pay the high fee. If one doesn't want to pay over $1 (i mean why should we, since the original idea of cryptos was that they should be cheap, fast and anonymous!), then one will wait indefinitely, probably for days or even damn weeks!!!
2. High fees - Now over $15 for high priority on the blockchain. Imagine if the price were to multiply by 5x. The fees!! $100+ per transaction maybe? This is insane. Satoshi Nakamoto has/have probably unfortunately died (i mean he/they WOULD by now have come forward and said enough is enough, miner cartels are ruining the BTC system and these high fees are outrageous insanity) turning in his grave with the hell that is happening to the BTC's ecosystem.
3. Lack of solutions - The major solution everyone is currently clinging to is the Lightning Network. Really?? It is still theoretical. Will it ever be effectively implemented and integrated into BTC and its blockchain? We don't know. Will it be practical, and effectively reduce costs substantially? We don't know! When will it be ready? Sometime in 2018? With a measly small team of developers? 2018 maybe! If it ever becomes pratical. Right now it seems the WHOLE BTC ecosystem hopes that the LN will work and solve ALL of BTCs complex problems. This is a very big and risky assumption. If it doesn't, i sincerely don't see how the BTC is going to navigate ever higher demand and users. It will bottleneck even more and the result will not be pretty. Besides, the whole concept of creating off-chain direct channels between users doesn't seem very practical to me, but perhaps i am wrong.
4. Miner cartels? Have major miner groups taken over the BTC? I haven't studied it deeply enough to make this conclusion, but this is the feeling i am fetting, maybe i am very wrong. Why isn't a solution to this DAMN OBVIOUS BOTTLENECK PROBLEM being chased with the urgency that i think the BTC community should have? Maybe i am missing something, or many things, i am by no means an advanced and very knowledgeable member of the community. But is the theory that major miner groups hijacking the BTC ecosystem in order to keep their high fees absurd? Maybe it is, but at my current understanding it seems like a possibility.
5. Bitcoin considered solely as a store of value. Right now, the only use of BTC is functioning as a store of value. Let other cryptos serve the more mundane task of serving as cash! BTC is digital GOLD! So the argument goes. Is this enough for the BTC? This isn't what i thought BTC was supposed to be. It SHOULD serve as a srote of value as well as a means for making fast and costless daily transactions. You see i am not against a system that serves solely as a store of value but i WONDER if it will be enough, will BTC present enough utility for people once they realize they can't use it for small transactions, but instead they should see BTC solely as something akin to a long term investment, that isn't useful for small transactions? The way i see it the more utility a crypto currency presents to its users, the ore value it will have, and right now there are a dozen CRYPTOS will a lot more utility than the Bitcoin.
So i ask again what makes Bitcoin the King? Network effect? 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 it's design and technology too over other cryptos. Right now i don't see it at all.
Because bitcoin values are the highest and many believe in bitcoin so bitcoin is considered a coin king. Bitcoin is the strongest and more enduring for a very long time. Bitcoin is the first cryptocurrency based on the concept of blockchain technology.It is the father of all cryptocurrencies and all the other altcoins are regulated with respect to bitcoin only.Bitcoin is very expensive and the most valuable cryptocurrency in the market.It has gained a lot of users since last nine years and is still going on.There are also a large number of investors of bitcoin in the market.The demand of bitcoin is very high and is very popular. |
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liseff3
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May 12, 2018, 07:53:18 PM |
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Toward the turn of 2017 at that time, Bitcoin's price seems to try to touch $ 20.000/BTC strongly. That achievement, far beyond what many had predicted in the previous year. Local and international media were amazed to see the world stage crypto at that time. Seeing so rapidly the movement of Bitcoin prices in 2017, then along with it policy-makers in various countries also seemed to start itching and restless with the real conditions that exist. In addition, there are many (many) people who predict the price of Bitcoin will continue to rise in this year but some are predicting that Bitcoin will go down. IMO, Bitcoin's name will still be king. In 2018 the name Bitcoin will soar. According to analysts' predictions that the soaring name does not coincide with the price per coin that continues to decline. Moreover, there is a hard fork issue is sharper. We can say that the king is bitcoin, because. Remember when bcn was forked from monero , the price of monero has go to the moon , so i think if there is a hard fork of btc , also btc will go to the moon also the same thing has happen to eth when etc was forked from eth , we have see an increase in the price of the ethereum , so the hardfork and segwit are positive things for the future of bitcoin!
I agree with you. SegWit's, these are pieces of code that are injected into the bitcoin program the results of this upgrade will help more efficiently in verifying every request both time and fee. |
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Brightcrypto
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May 12, 2018, 10:33:00 PM |
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Bitcoin is king base on it movement and behaviour whith effect other 80% of alt-coin, either the market is raising or dropping, many other follows the steps. therefore Bitcoin carries other alt-coin along as the father, which we seen it as the king of all coin.
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Bella Thorne
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May 12, 2018, 10:38:45 PM |
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We can say that Bitcoin is the king of all coins because it is the most popular coin in crypto and it has the highest value coins once we think cryptocurrency the first sought coins is Bitcoin.
Bitcoin is the king because it is the strongest and the best cryptocurrency among the rest and we all know that bitcoin is running in this world for long time, a lot of people now is putting there money with bitcoin because they also know that the future of bitcoin is bright. |
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Peashooter
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May 12, 2018, 10:42:09 PM |
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Bitcoin is proving its real value, not just a virtual currency or financial balloon as the press is often referred to. The value of bitcoin is currently very stable and tends to increase due to the overwhelming interest of the market for it. Bitcoin will be the leader in the crypto market boom in the new year 2018. Take this opportunity to increase your wealth.
Bitcoin is the first cryptocurrency that give high profit to all his investors. Bitcoin is a good source of income is the leader in the crypto world cause it helps us and give opportunity to become successful in the future. |
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neymarjunior50
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May 12, 2018, 10:53:44 PM |
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Bitcoin is the king of all other cryptocurrency . bitcoin dominate the all other crypto currency . bitcoin is the mass adopted currency and highest market cap thats why its the king .
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hacking13
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May 12, 2018, 11:06:23 PM |
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One of the major reasons why Bitcoin can easily be described as King is the fact that it was the first cryptocurrency to come into existence. Also it is now more accepted and more recognized by more countries in the world than altcoins will be. The demand for bitcoin is also currently highest based on its acceptance worldwide
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yoseph
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May 12, 2018, 11:13:03 PM |
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Bitcoin is the king of all other cryptocurrency . bitcoin dominate the all other crypto currency . bitcoin is the mass adopted currency and highest market cap thats why its the king .
Sometimes I think that Bitcoin is the most prominent crypto currency just because it’s the first one ever to be made and because of that it’s going to dominate for a very long time. |
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adjudicator
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May 12, 2018, 11:14:57 PM |
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It was the first in the landscape, it's become representative of the entire crypto world (i.e. bitcoin = all of cryptocurrency in some people's minds), and people know its name.
Yeah, you are right. Bitcoin is the most pupular cryptos of all. As of now, it is the most expensive and still the oldest crypto. Bitcoin is the King of Cryptocurrency because it has a power to change our world because of its popularity. |
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sirmitchel
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May 12, 2018, 11:15:51 PM |
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Besides being the first cryptocurrency and being the father of it all,
Bitcoin’s ongoing success and market price dominance is cleary
an undisputed indication of it’s prominence and success. It may
also be volatile but it’s foregoing ability and unpredictable capacity
in price hikes and dips makes it even more alluring. It’s the only
currency out there that can and reach higher prices in no time.
It’s influence and impact on other altcoins and the market itself
is paramount, making Bitcoins worthy of praise and distinction
as the king.
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ilovefeetsmell
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May 12, 2018, 11:23:24 PM |
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If we relate bitcoin into reality, bitcoin is a leader and good model and all people who idolized him will try to be like him. Bitcoin has a unique description, unique popularity. But for being a number 1 in the rank, he also has weaknesses. Bitcoin has volatile effect, decentralized, and try to steal him.
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patykuprova
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May 12, 2018, 11:29:25 PM |
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It was the first in the landscape, it's become representative of the entire crypto world (i.e. bitcoin = all of cryptocurrency in some people's minds), and people know its name.
Yeah, you are right. Bitcoin is the most pupular cryptos of all. As of now, it is the most expensive and still the oldest crypto. Bitcoin is the King of Cryptocurrency because it has a power to change our world because of its popularity. But if you're comparing Bitcoin with the oldest normal currency , you'll see that Bitcoin is absolutely need more to do anything that's important. The trust of investors in the crypto market is also vurneble,that trust could easily be damaged by the goverments or bankers by some words of them. |
I have finished kyc but not get token yet. Telegram @BeansreaL
My Erc-20 address: 0xe3e21e290544471facac5b9fb51127b1a0725710
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