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Author Topic: What do you mean when you say Bitcoin is number 1  (Read 4221 times)
tiktak89
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January 21, 2018, 05:49:36 PM
 #61

All these points give bitcoin a significant advantage over both ordinary money and over other crypto-currencies. Although there is more and more crypto currency, whose technological idea even surpasses bitcoin. But which of them will become the main one will not be known soon.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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maynguyen
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January 21, 2018, 05:51:15 PM
 #62

I think bitcoin is the number one. bitcoin appears and lasts long in the crypto type. Bitcoin is convenient. it’s value is high. There are many known bitcoins and use the services of bitcoin.

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January 21, 2018, 05:51:20 PM
 #63

Bitcoin is number one only in terms of market cap and trustworthiness. Since its the first crypto, it has the right to be at the top but I think there will be a time that it will be surpass.

Not only. It's number one in terms of value of a single coin, infrastructure, mining power, recognition, regulations, merchant adoption, influence over other cryptocurrencies, number of google searches...
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January 21, 2018, 05:53:35 PM
 #64

Bitcoin is number one only in terms of market cap and trustworthiness. Since its the first crypto, it has the right to be at the top but I think there will be a time that it will be surpass.

Not only. It's number one in terms of value of a single coin, infrastructure, mining power, recognition, regulations, merchant adoption, influence over other cryptocurrencies, number of google searches...
You don't really see the other coins being accepted by major retailers, that is what makes Bitcoin the number one coin.

 
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BTG-BTC
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January 21, 2018, 05:54:32 PM
 #65

He is numbered by his creation, his volumes and at the time his dominance which is no longer the case now
Akash1243
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January 21, 2018, 05:56:42 PM
 #66

Well bitcoins will be number 1 in mostly every different aspects you mentioned but currently main problem with bitcoins is that transactions takes alot of fees and still take hours to be confirmation whereas other coins has much faster speed with less fees.But as soon as bitcoin get LN, transactions fees and speed problem would be solved.
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January 21, 2018, 06:03:09 PM
 #67

For me BITCOIN is number one because of its price among all others,which except few temporary alterations is continuously rising and also BITCOIN is the first cryptocurrency to be introduced so people believe it more as it is always said old is gold.

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rampage101
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January 21, 2018, 06:07:32 PM
 #68

First of all, it's its cost. This is what attracts most investors. But bitcoin would not have had such value, were it not for its safety, convenience, decentralization and all the other facts listed above.

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January 21, 2018, 06:11:35 PM
 #69

bitcoin is number on coinmarketcap only. but when it comes to services,charges, and other its not good for me.

just saying.
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January 21, 2018, 06:32:45 PM
 #70

It is the first crypto currency, and has already been very well received by the world. It has the highest value and is the leader for investment.
Dudeperfect
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January 21, 2018, 06:49:13 PM
 #71

I would say Bitcoin will remain number one in terms of user base and store value because it has a huge community as of now and growing day by day thus I seriously think that it is one of the prime factors. On the other hand, I am not underestimating other coins, each coin has its own philosophy and it might work or won't work down the road but I am confident about Bitcoin and I am also sure that you will find concrete solutions to the current issues like high transaction fees and confirmation time.
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January 21, 2018, 07:36:45 PM
 #72

Store of value: number 1
Services in addition to simple money transfer: number 1
Convenience:number 1
Investment/speculation: number 1
Other: popularity  number 1, very successful in the market.
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January 21, 2018, 09:49:18 PM
 #73

Yes, I do believe bitcoin will remain number 1 because it is considered to be the king of all the cryptocurrencies. Added to that, a true king dies in a fight or when he gets old. And that is what will happen to bitcoin. And I believe that ETH will take bitcoin's place after so many years.

I want to add that bitcoin has also a disadvantage which is based on the transactions fees. They really get expensive when the bitcoin price grows and it is really bothering me.
Lamisa asfiya
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March 29, 2018, 05:28:24 PM
 #74

To me, Bitcoin will be number 1 when Bitcoin will fulfill the following written conditions. The conditions are that when it is easy to transfer money, Service to the people, People will provide enough protection for the property invested, Sufficient opportunity to invest, Secure transaction exchange, Trustworthy claimants and maintain confidentiality etc.
frillyblockG
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April 01, 2018, 02:25:54 PM
 #75

I think nobody can beat the btcs in the convenience of its use and transactions Smiley
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April 01, 2018, 02:37:55 PM
 #76

Bitcoin is the father of cryptocurrency market. And until we can trade alts/USDT or something else, BTC will be the leader of industry. So right now Bitcoin is store of value. Also I love Bitcoin because you can  exchange it to fiat money. 

Alexmagn84
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April 01, 2018, 02:41:15 PM
 #77

We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1

  • Store of value
  • Services in addition to simple money transfer
  • Convenience
  • Security
  • Investment/speculation
  • Safe transfer speed
  • Privacy
  • Freedom from globalist control
  • Other
For my own opinion,Bitcoin is the number 1 in terms of Store of Value,Services in money transfer,Convenience,Security,Investment and etc because all of these things are contained in bitcoin.We all know that bitcoin is most popular when it comes in investment and etc.So people will choose the most popular cryptocurrency so bitcoin become number 1.
Right article, I agree with you.bitcoin is the all of with my life.already people also got first choice to the bitcoin.so crypto currency market called them bitcoin always king number one.

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April 01, 2018, 02:50:55 PM
 #78

Its number one because bitcoin is the pioneer in cryptocurrency and may be if theirs no bitcoin no other coins will came to and also bitcoin is the top coin right now and the next coin has a higher gap than bitcoin

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April 03, 2018, 12:49:18 AM
 #79

I don't know about it but I am quite sure today it may be the first the very next day new cryptoz may take the day
1BTC EQUALS 1CAR
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April 03, 2018, 12:52:46 AM
 #80

When I say bitcoin is number 1, I mean is it would never get dethroned by any coin even when they have much better features  because btc is already established and it is the face of virtual currency.
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