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Author Topic: What do you mean when you say Bitcoin is number 1  (Read 4230 times)
mdrakibul
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June 03, 2018, 10:03:26 AM
 #721

When we say that bitcoin is number one that means that bitcoin is the best. For me bitcoin is number one because it is a good investment because I can earn as much my salary to my regular job.I think it will evolve over time to maintain its position because many people are involved in the community and this is really above everything else what powers it - the number and dedication of the people involved.
FADI1
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June 03, 2018, 10:13:15 AM
 #722

When we say bitcoin is the number one currency it is based on it's reputation , and it's market size wich is estimated at 150,000,000,000 USD plus it has the fastest transfer speed. and it is the most stable one among all cryptocurrencies.

pabpete
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June 03, 2018, 10:37:23 AM
 #723

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

in my opinion bitcoin excels in all that except in a very long bitcoin transfer rate. the confirmation time takes about 10 minutes. hopefully bitcoin immediately uses lightning network for faster transfer time and bitcoin will always be number 1 in everything and become the best cryptocurrency.
The success, especially the one of king Bitcoin, has to be taken with a grain of salt. At the beginning of last year BTC had a staggering market share of more than 80% of all digital currencies. Over the course of 2017 this share shrunk to less than 40% due to the success of alternatives like Ethereum or Ripple.
Tubig
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June 03, 2018, 11:19:39 AM
 #724

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
From your choices, the convenience of using it is the number one advantage of this. But as for me that number one means that bitcoin is the number one cryptocurrency in the digital world.
careCentre
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June 03, 2018, 11:51:56 AM
 #725

Considering the store of value, security, and privacy, Bitcoin does have a better track record, robust system. Bitcoin as a tool for financial freedom from globalist control. We all have seen people belonging to repressed hyperinflated economies turning to Bitcoin.  Bitcoin is being treated as a speculative asset by most people who don't see Bitcoin's potential value as an alternative to the fiat system. The convenient medium of exchange is what Bitcoin is lacking now.  Bitcoin needs to go mainstream then it would need to have more user-friendly applications. Bitcoin can be a store of value/safe haven asset in times of financial crisis. Bitcoin, which is a decentralized, permissionless, censorship resistance global system has something to offer to everybody. Bitcoin is always on top in terms of market capitalization and market price.
naldal kaka25
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June 03, 2018, 11:58:35 AM
 #726

Some people doesnt know that there are already some coins that overcomed bitcoin in some particular areas, but still it is the father of all cryptocurrencies!
nguyenhai17
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June 03, 2018, 12:14:52 PM
 #727

Bitcoin is number 1 because:
- Security level and anonymity
- Recognition of investors
- Sell ​​and own easily
- Store value
- Convenient
- Protect
- Investment / speculation
- Transmission speed is safe
- Private
- Freedom from global control
- Other
AliMan
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June 03, 2018, 12:18:10 PM
 #728

Bitcoin is number 1 because:
- Security level and anonymity
- Recognition of investors
- Sell ​​and own easily
- Store value
- Convenient
- Protect
- Investment / speculation
- Transmission speed is safe
- Private
- Freedom from global control
- Other
Having that said and done means a lot to me because there's a lot of reason why I picked bitcoin as number 1. Talking about popularity among crypto is just one thing that proves me why it is. Other than that is the high security and quality of bitcoin. Well there's so many things to talk about but bitcoin is number 1 for me because it gives me the earnings I deserve.

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nduvan
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June 03, 2018, 12:23:11 PM
 #729

Well, for me it is number one because bitcoin is the most useful crypto currency and it is more people invest on it unlike to other crypto currency that not so familiar to all digital currency users and besides the bitcoin is more accept in many transaction.
bohtrung3
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June 03, 2018, 12:30:02 PM
 #730

When I say that bitcoin is number one which means that bitcoin is the best for me for now, bitcoin is number one because this is a good investment because I think they can earn a lot of salary for regular jobs nantiny. Bitcoin is a lot of advantages and benefits that really help people and anyone free to earn or invest that has more knowledge and ideas about bitcoin.
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June 03, 2018, 12:30:28 PM
 #731

I think the simplicity of bitcoin services in money transfer, that would still be the main thing in bitcoin. Since the purpose of bitcoin itself is to overcome the complicated process.
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June 03, 2018, 12:30:47 PM
 #732

Well in my own opinion, bitcoin is number one can be described in two way. 1. Bitcoin is the first digital currency 2. Bitcoin is the first decentralized digital money. And 3. Bitcoin is the first cryptocurrency and is the backbone of all other cryptocurrency.
ayubadairo
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June 03, 2018, 01:02:41 PM
 #733

I dont so detail like you said above. I siad bitcoin is number just because its popularity and value so high.
I also said that because the marketcap of bitcoin is in the top.
No one knows the future, so making a confident prediction of this kind is not that smart. Well, making a prediction is smart, but a confident one - saying that you know X or Y for sure - doesn’t inspire common sense at all.
tansoft64
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June 03, 2018, 02:45:45 PM
 #734

For me bitcoin is the number 1 because it is the first crypto ever created, the most expensive and the most trusted crypto in the market, whatever bitcoin price go the altcoins will also follow.
mkcube
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June 03, 2018, 02:47:51 PM
 #735

For me it is number one because it is the first crypto created, the nist expensive and the most trusted coin of all. When bitcoin goes down the other couns will follow. I think they only depend on btc price.
kerjakuat
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June 03, 2018, 03:02:14 PM
 #736

Choice number one. Store in value.. As it maintain not to drop more heavy to the ground and the fact the downside and upside soon will be reveal..bitcoin was survive too many challenge and until now still grow strong and bee known to the all of the world.

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Domino68
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June 03, 2018, 03:20:23 PM
 #737

I mean bitcoin is number one  because it all started with bitcoin I mean the whole thing bitcoin and blockchain in that sense bitcoin is number 1
fianaindriati
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June 03, 2018, 03:55:11 PM
 #738

Bitcoin will be always number 1 , because he is the first crypto currency and certainly the most powerful. There were many new cryptocurrencies, but not all stayed. And he always holds the highest positions in everything and I am sure that this will always be.
it's a bitcoin that many say number 1 because the first crypto currency appears, and many other coin-coin who want to compete with bitcoin but other coins can not, let alone the bitcoin can also be used for long-term investment and short.
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June 03, 2018, 04:36:30 PM
 #739

Bitcoin will remain number one until its cost is greatest. But this can not last as long as it seems to many. He already has a lot of competitors. The first one will be only in the sense that he appeared first. And it's all.

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UchihaRukawa
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June 03, 2018, 05:14:22 PM
 #740

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
Yes! bitcoin still number one most popular than others .store value service,more safe transfer speed and many others advantage.and good track record  that is why  bitcoin stays  number one..

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