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Author Topic: What do you mean when you say Bitcoin is number 1  (Read 4216 times)
TheGodFather
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April 20, 2018, 01:58:04 PM
 #101

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

When I say bitcoin is number one it means that it is the number one overall in the cryptocurrency market. There are sure that are many factors and criteria that we can all bust our minds and thoughts into with just debating what goes first. But still the jury and the result still stays the same. The media is not talking about ethereum or ripple or whatever, it still is bitcoin, and is most commonly known than any other cryptocurrency and to me that’s argument enough
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April 20, 2018, 02:07:50 PM
 #102

in my opinion it correctly because the current King bitcoin currencies in the world and the extraordinary popular.
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April 20, 2018, 02:13:36 PM
 #103

Because btc is the strongest crypto currency in d market while others follow..
It's the most valuable right now
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April 20, 2018, 02:19:53 PM
 #104

It is number one in terms of innovation and brand value. All the coins that came later are filed attempts to copy its success.

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April 20, 2018, 02:36:10 PM
 #105

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

Since bitcoins are the first of all, Altcoins is now connected to it all. So when the bitcoins fall we expect it to follow the altcoins. So this is my opinion why it means no # 1 to me. Notice that bitcoins have fallen, followed by altcoins.
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April 20, 2018, 02:47:18 PM
 #106

Bitcoin is arguably the world's first cryptocurrency, or it is more accurate than decentralized digital money, which is the new and biggest form of total market value. Bitcoin is the most widely used alternative to e-commerce. By November 2013, the base amount of bitcoin was valued at $ 7 billion. Large fluctuations in the dollar value of a Bitcoin have prompted criticism of Bitcoin's economic suitability as a currency. That is the advantage that Bitcoin is the number one
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April 20, 2018, 03:02:28 PM
 #107

Bitcoin is arguably the world's first cryptocurrency, or it is more accurate than decentralized digital money, which is the new and biggest form of total market value. Bitcoin is the most widely used alternative to e-commerce. By November 2013, the base amount of bitcoin was valued at $ 7 billion. Large fluctuations in the dollar value of a Bitcoin have prompted criticism of Bitcoin's economic suitability as a currency. That is the advantage that Bitcoin is the number one
Well the large fluctuations make it harder to use bitcoin as a currency , because when you buy something a week later you could have paid the double amount in dollar.

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April 20, 2018, 03:13:08 PM
 #108

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 me when I heard that bitcoin is number 1, always put in my mind is Popularity and highest market capacity.
shoreno
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April 20, 2018, 03:20:53 PM
 #109

Well the large fluctuations make it harder to use bitcoin as a currency , because when you buy something a week later you could have paid the double amount in dollar.

Bitcoin is still considered as a currency because it is a cryptocurrency or a digital currency which means it has a feature that is the same as a regular currencies like for example bitcoin can be used to buy stuffs online , yet i agree that large fluctiations make him a little harder to work as a currency because we can be able to pay double for the price tag if ever the value fluctuates but we can also pay lesser if ever the price of btc had decrease. Therfor it is still dependent.
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April 20, 2018, 03:55:46 PM
 #110

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
bitcoin is number one because it was the first virtual currency
that the world has take interested in the most, bitcoin I would say controll
all other altcoins in value in the trade market.
It's totally true and the more it creates a huge edge over other cryptocurrencies. Moreover, it means it's the king of all cryptocurrencies, and has the leading market cap. It is the first crypto ever founded in 2009, designed by Satoshi Nakamoto who's identity is still anonymous up until today. Its dominance has proven to be the secured, convenient and trusted virtual currency in terms of trading, investment, and a lot more, making it number 1.

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April 20, 2018, 04:02:15 PM
 #111

Bitcoins properties and advantages are very useful to the modern era people because it is the first crypto currency  and later only its alternative coins are arrived in the market. Bitcoin has achieved the popularity among the crypto currency. More people are attracted to bitcoin  for the business transactions ,day trading and  investments etc.Bitcoin and the other currencies were first aware by the young computer and software technocrats. Finally bitcoins popularity has widen world wide and the people.from bitcoin loving countries are using it for their daily basic requirements as well as for the international shopping .Bitcoins market capital is very high and its market is volatile .It has a strong base and it is the number one in the market by all means.
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April 20, 2018, 04:03:29 PM
 #112

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
i will agree if bitcoin is number one because it is very useful alot of times now especially in investing money so dont under estimate bitcoin

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April 20, 2018, 04:08:30 PM
 #113

This is quite true because these are the pointers and characteristics to which bitcoin is most known for. Without the creation of bitcoin, there would be a great nich in the investment world that could never be replaced by any other product or program. That is how amazing and beneficial to the mankind bitcoin is. That it would be a very big waste of potential if it gets down.
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April 20, 2018, 04:17:29 PM
 #114

In my perception about why is bitcoin number 1 ever because since It was the first decentralized crypto currency. And all altcoins were just depend of it because without bitcoin they can't convert into direct fiat whatever currency it is. Bitcoin is commonly used for investing in any other coin like etherium and so on.
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April 20, 2018, 04:17:43 PM
 #115

Of course bitcoin has all chances to become No. 1, but it will happen at least in 3-5 years. The authorities of the States find it difficult to recognize cryptocurrencies, as they do not know how to get more benefit from it. Unfortunately, in most countries, incompetent persons were in charge.

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April 20, 2018, 04:38:54 PM
 #116

When someone says bitcoins is number one than it is meant for many things let it be in terms of market cap or in terms of it having the most following and community members or it having the most number of crypto developers working for it. Currently I don't think many coins can compete with Bitcoin.
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April 20, 2018, 10:51:53 PM
 #117

Well I would say for everything, bitcoin is the king and the number one. The real emperor of cryptoland. Grin
Bitcoin is the king first cryptocurrency that give high profit to all his investors. That give job to all jobless and help the world to reduce poverty and help the economy of every nation. Bitcoin is number 1 because of that reason.
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April 20, 2018, 11:00:42 PM
 #118

For me the meaning of the bitcoin being number is when the price is very high anong all cryptocurrency coin, most gaining price.  And how much people get money because we know from the price of very low to nead 20 thousands dollars..
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April 21, 2018, 08:35:03 AM
 #119

For me when someone saying that bitcoin is number one , i think Bitcoin is more useful than other websites and bitcoin is number one for them and also for me bitcoin is the one who help people in life eho are indeed , and bitcoin make internet more useful.

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April 21, 2018, 08:40:17 AM
 #120

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.
I dont think everyone is saying number one and the ones that do are only meaning that it is the biggest coin because there are more bitcoins than all the other alts.

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