How Bitcoin is better than other coins?

[weav]

It isn't better , there are way better options around . Bitcoin has the name so will be number 1 for a while i think. But once people start to see the other options bitcoin price will take a big hit.

[poor-yorik]

It isn't better , there are way better options around . Bitcoin has the name so will be number 1 for a while i think. But once people start to see the other options bitcoin price will take a big hit.

This is called first-mover advantage if I'm not mistaken. It seems that it will remain #1 as long as it is profitable enough for the majority of investors. But if Bitcoin Cash grows up in 2018 while Bitcoin doesn't, people will definitely start questioning whether the latter still cuts it as a worthy investment asset.

[Kevin77]

how is bitcoin better than other coin ??. bitcoin has been in the kriptocurency world for almost a decade, and bitcoin is the first possible cryptocurency, the bitcoin is better than the other coin

its a better alternate for your savings.its like to invest your savings without risk your savings.

The real reason why Bitcoin is more loved by investors than any alternative coin is the amount of profits that one can earn by buying Bitcoin. No digital asset gains value as fast as Bitcoin does. The first priority for every one of us is increasing our capital and BTC is the best when it comes to this. In the beginning, people doubted the strength of Bitcoin but now there is not any big risk in investing in Bitcoin as per many country's investors' view.

I guess there cannot be just one reason why bitcoin is better than any other coin because there were many exact replica of bitcoins still bitcoin alone attracts investors hence being a pioneer in the crypto world could be one of the prime reason why bitcoin is better and being preferred by everyone.

[Ruz05]

The popularity of the crypto currency has soared in recent years. The cause is none other than the rise of Bitcoin as a decentralized currency that more and more reliable internet users. The phenomenon then inspired some parties to "mimic" the concept of Bitcoin, with little difference expected to complement the shortage of the currency. Well, one of the most widely known crypto currency today is Litecoin.

The use of Litecoin has even started to be familiar in some online vendors who previously only received payment via Bitcoin. Although the market capitalization is still smaller, it can not be denied if Litecoin increasingly attracts the interest of digital currency fans. So, which one is better between Bitcoin and Litecoin? To reveal the answer, we will dissect the similarities and basic differences of the two virtual currencies.



Equation Bitcoin And Litecoin
At a glance, Bitcoin and Litecoin have almost no difference. As a decentralized crypto currency, Bitcoin and Litecoin are equally unregulated by governments and central banks of any country.

In addition, price fluctuations in both currencies are not affected by economic or political turmoil that can threaten the stability of a country, as well as in price turmoil in fiat currency (US Dollar, Japanese Yen, Indonesian Rupiah, and so on). In contrast, the value of Bitcoin and Litecoin relies more on cryptographic and pure network integrity determined by the level of market demand and supply.

And also there is a factor factor why bitcoin is better than other alcoin that is:
1. Lower Transaction Fee
This is the excess Bitcoin that has been recognized even by experts in the field of electronic currency.
2. Unbound On Conventional Currency
Like most e-payment systems, PayPal takes care of online transactions with conventional currencies like USD. In fact, there is always a big risk of using such a currency. Examples can be studied directly from Venezuela, Egypt, and countries that experienced massive conflict to cause the exchange rate of currency dropped sharply. In the most extreme cases, the conventional currency can be of no value at all.

Because Bitcoin applies as an online currency that serves as its own means of payment, there is no attachment to the conventional currency at all. So in this case, Bitcoin users will avoid the risk of conventional currency decline due to the conflict that almost always threatens the stability of countries in the world.
3. Applies Globally
PayPal can indeed meet cross-country transaction needs, but only in areas that reach only. As a registered e-payment from the United States, the PayPal system does not apply in the countries whose names are listed in the US blacklist. On the other hand, Bitcoin as a decentralized crypto currency is not restricted by any country policy and reaches all countries that have an internet network. In today's modern era,
4. Ensure Privacy
In Bitcoin, one can provide semi-anonymous ownership data. This technology is even continuously developed, so that in the future Bitcoin users can register as a full anonymous. For internet users who do not want personal data spread or misused, such advantages are certainly very helpful.
5. No Spread Spread
PayPal is a business entity, so it's no wonder if he implemented many strategies to maximize his product marketing. One such method is the variety of promos that are spam that often flooded the emails of its users.

[MarkusIsaiah]

In my opinion, bitcoin give investor more profit than the other coins. Bitcoin also is more popular and top 1 cryptocurrency in the whole world. It is also more secured and reliable coins. Thays why it is more better than the other coins.

[kuncimobil]

how bitcoin is better than other coins I think because bitcoin is the fastest rising coin and has an increasingly expensive price and more famous

[fullhdpixel]

It has slow transactions and the fees are high, and it is the cryptocurrency frontier.

What do you think will realistically will take Bitcoins nr1 spot in the future? Bitcoin Cash maybe? 

Bitcoin’s future is very bright it cannot go down ever. Now the transaction became so much easy. You can buy bitcoin from any trusted seller or any websites that are available on internet. You can pay cash through your credit card or bank depots. So what is difficult here? Although, bitcoin is a digital currency and it can never be formed in a shape of paper because digital currency is untraceable and now mostly websites are using it for transactions. Bitcoin became a reason to survive in this modern era.

[Miles123]

Yes, it's true that Bitcoin is better than other coins. Bitcoin value is big and it's getting higher every day. But before we get this coin, we need to be patience of waiting for our money. You can transact easily with no any hassle.

[Sithara007]

One of the advantages is that fiat vs BTC option is available in all of the exchanges. For most of the other coins (with the exception of established alts such as ETH, XRP, LTC and BCH), there is no option of trading them directly against fiat. If you need to convert them to fiat, then you need to convert them to BTC first and then convert this BTC to fiat.

[Wonder_woman]

One of the advantages is that fiat vs BTC option is available in all of the exchanges. For most of the other coins (with the exception of established alts such as ETH, XRP, LTC and BCH), there is no option of trading them directly against fiat. If you need to convert them to fiat, then you need to convert them to BTC first and then convert this BTC to fiat.

Bitcoin can trade in all exchanger. It is the firstly coin that are converted into cash. Bitcoin is the best coin I even seen in my entire life.

[ekolet]

Because it proven itself to be secure and censorship resistant which is the WHOLE point of crypto. Transaction fees and times are just details. Go use VISA, it is much faster than ethereum.

[Blueblade]

Bitcoin is the world's first digital currency.Bitcoin is the beginning of crypto currency.Digital business has increased by using a bitcoin. Bitcoin will be in the first place in all fields using Cryptocurrency.Other alt coins can be easily purchased through a bitcoin.Bitcoin can be easily converted into our own cash. bitcoin usage is increasing so this increases the value.

[swscowods]

It has slow transactions and the fees are high, and it is the cryptocurrency frontier.

What do you think will realistically will take Bitcoins nr1 spot in the future? Bitcoin Cash maybe? 

You can see the investment ratio and the price. People like those things which favor them the most and why one should invest in such a crypto which gives a very small profit. This is the main thing that most of the people are investing in bitcoin and which gave bitcoin the leading position in the market. There is no comparison between bitcoin and any other currency. It will remain on top for ever.

[TheWinnerBro]

The real problem of bitcoin are the transaction fees, nothing more, and yes, of course that the time that we have to wait to receive some confirmations over our transaction are a big headache, but that is normal, i dont know why everybody is complaining about it.

[henmark]

Inspite of numerous alternative coins coming out in the crypto world, I still believe that bitcoin is the best coin among all others. It has set the standard in the cryptocurrency as it is the first ever digital currency ever known and released. It still has the most promising value increase (just look at its growth on the chart) that attracts investors. Also, valuenof altcoins are still dependent on the value of btc so basically it is the basis of the crypto industry.

Many altcoin in the crypto world has been launched. They are profitable at their place. Talking about bitcoin it is not only profitable but it have some features and properties that it attracts more investors. Bitcoin is better than other altcoin because of its value. Its price rise day by day. Even now it have a little fall. But it doesn’t mean bitcoin is not better. Bitcoin is better from all altcoin in properties and all aspects.

[poor-yorik]

The real problem of bitcoin are the transaction fees, nothing more, and yes, of course that the time that we have to wait to receive some confirmations over our transaction are a big headache, but that is normal, i dont know why everybody is complaining about it.

Let me guess they are complaining because they don't want to pay these exorbitant commissions, so their transactions don't get confirmed within the next few blocks and they freak out, right? But I don't think it is normal just like these insane fees aren't normal either.

[Puppey]

bitcoin is more popular than the other and it is much easier to use

[qwerty12]

I think due to Market Capitalization.
Bitcoin's market capitalization growth has made impressive progress, especially considering its value of just $ 42,000 in its early days. By 2015, about 6 years after its release date, Bitcoin's capitalization has reached 4 billion Dollars. Meanwhile, other coins such as Litecoin only recorded achievements in the range of 75 million Dollars in the same period.

[moonami]

Because bitcoin price is the most valuable and stable than other cryptocurrency. The cause of this is its increasing in demands while having a limited supply.

I agree with you, the price of Bitcoin is more stable compared to other coins; this made it better than other coins exist. Aside from being more stable, Bitcoin is the most popular cryptocurrency and well known by people. There's a big chance that Bitcoin will be allowed to be use worldwide because of the support and trust of people.

[skarais]

of course bitcoin is better among other coins because currently bitcoin has the highest value in cryptocurrency and has a popularity that is able to attract investors to invest in bitcoin.so this is certainly a positive support for the progress of bitcoin in the future.