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Author Topic: why should bitcoin!  (Read 1313 times)
Tuyul Gupies
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January 16, 2018, 08:59:58 AM
 #1

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?

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January 16, 2018, 09:01:42 AM
 #2

We cannot deny the fact that bitcoin have a great reputation, also bitcoin I think is more secure to invest than on other altcoins considering that bitcoin was here for a long period of time.
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January 16, 2018, 09:42:57 AM
 #3

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?
In my opinion, the reason why people still prefer investing in Bitcoin rather than altcoins is because Bitcoin has proven that it is secured and its network effect. Most altcoins out there are very easy to manipulate, I'm not saying that Bitcoin cannot be manipulated but Bitcoin having lots of people that just holding it makes it is hard to manipulate the market of Bitcoin. When it comes to security there's no question that Bitcoin is still the best because the mining hashrate are distributed all over the world and it uses proof of work algorithm, unlike other altcoins that majority of hashrate distributions are obtained by mining pools. The popularity of Bitcoin is also one of the reason.
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January 16, 2018, 09:55:39 AM
 #4

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?
if menurt me I still why choose bitcoin is a bitcoin is a very good investment place and promise really for those who invest. because the bitcoin is always up and the prospect is also very good for investment

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January 16, 2018, 09:58:39 AM
 #5

Most of the people who I talk to on the street or the taxi driver or whoever do not know what is cryptocurrency. They do, however, know what Bitcoin is. It's like asking someone "have you tried this carbonated caffienated glucose syrup before?". They say no, but when you say the name Coca Cola, they say oh yea of course.

Also, Bitcoin is the only significant coin that was launched anonymously, right? Maybe that gives people hope, that it cannot be corrupted to the same extent that more centralized coins can.
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January 16, 2018, 10:13:00 AM
 #6

Bitcoin is still the best.The bitcoin is always up and the prospect is also very good for investment.Bitcoin is trusting me, I get more than this from other coins. It can be the good investment here.
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January 16, 2018, 10:18:53 AM
 #7

As a person, it is practical to use or to invest in a coin which earns the trust of many people just like bitcoin, so for me I won't waste my time in some coins, but still trading as well in some altcoins just like Ethereum, most of the people were just wise in investing and they want the assurance so they are choosing bitcoin.

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January 16, 2018, 10:48:06 AM
 #8

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?
they choose bitcoin Because when it touched down the all time high value there will be a good return from it . But unfortunately the price now is decreasing , for sure more holders will evacuate to neither altcoins to obtain more profits cause i think no one will stay hold in bitcoin while they losing profit. Haha
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January 16, 2018, 12:01:44 PM
 #9

its the first . its stronger . its big volume trade in market and its already giving many time proof bitcoin had potential thing in internet market as crypto currency i think bitcoin achievment get $15k in 2017 its big achievment yet . so i believe bitcoin can more than right know.
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January 16, 2018, 12:12:32 PM
 #10

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?

Everything started from bitcoin. If anyone hears about cryptocurrencies, he thinks bitcoin. Beginners first become interested in bitcoin, and later in other currencies. Besides btc has a good reputation among investors.

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January 16, 2018, 12:12:37 PM
 #11

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?

Advertisement, that is the reason. Bitcoin reached far more than any altcoin had reached and so the reason why many are investing in Bitcoin.  As investor people wanted to invest in the most stable and well supported investment and among the cryptocurrency, Bitcoin fits it.  And you won't invest in a cryptocurrency that you do not know right?  And that is another reason why more and more are into bitcoin than altcoins.




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January 16, 2018, 12:16:21 PM
 #12

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?

Bitcoin is really trusted currency and everyone knows that the whole market runs on it. The market cap is so much now that it will never go anywhere until next decade is finish but again by that time we will have more investors into it due its popularity and long term benefits.

For the alts, they are based on different projects which are being made as smart contracts over the specific blockchain (ETH, WAVE etc). In the long run we are not sure that they will be still present over the chain. They have got higher chances of spamming the ICO's and later part of the project development. So people choose to invest into the Bitcoin only. Me too for long term purposes.


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January 16, 2018, 12:18:41 PM
 #13

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?

More people and investors chose and use bitcoin because they know that this bitcoin is ideal for a long term investments. Many promising altcoins also offers great chances, but bitcoin is forever.

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January 16, 2018, 04:01:27 PM
 #14

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?
Bitcoin is considered the most stable asset. Maybe it does not grow as fast as Ripple and Etherium in 2017, but it still shows good results in long intervals.

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January 16, 2018, 04:24:26 PM
 #15

because all these altcoins that are being created non-stop are not good projects. they are mostly shitty projects (hence the name "shitcoin") with nothing to offer and the rest of them also struggle with many issues which prevents them from gaining any real adoption and staying 100% speculative tool for traders to play around with.

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January 16, 2018, 04:26:53 PM
 #16

because all these altcoins that are being created non-stop are not good projects. they are mostly shitty projects (hence the name "shitcoin") with nothing to offer and the rest of them also struggle with many issues which prevents them from gaining any real adoption and staying 100% speculative tool for traders to play around with.
them I suggest you to invest in top 100 coin. all of them even have a nice project and better than bitcoin. bitcoin is actually a Ponzi scheme that the reason its increasing drastically over a year and its drop so much. people are afraid with this bubble. imagine how many people are loss opportunity and money when investing on this ico.
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January 16, 2018, 04:43:22 PM
 #17

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?
In my opinion, the reason why people still prefer investing in Bitcoin rather than altcoins is because Bitcoin has proven that it is secured and its network effect. Most altcoins out there are very easy to manipulate, I'm not saying that Bitcoin cannot be manipulated but Bitcoin having lots of people that just holding it makes it is hard to manipulate the market of Bitcoin. When it comes to security there's no question that Bitcoin is still the best because the mining hashrate are distributed all over the world and it uses proof of work algorithm, unlike other altcoins that majority of hashrate distributions are obtained by mining pools. The popularity of Bitcoin is also one of the reason.
I agree that why people choose bitcoin it because bitcoin has proven that it is secured and its network effect...when it comes security bitcoin has no more question about it because bitcoin is great and popularity....beside user choose to invest bitcoin because of its security and good currency.

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January 16, 2018, 04:51:41 PM
 #18

People choose bitcoin over any other alternate currencies because of tha fact that bitcoin is where it all started. The path of blockchain technology and cryptocurrency is paved by bitcoin only. All other currencies are in a way or other insipired by bitcoins mechanism only. Thus this thing creates a sensd of trust among its users.
Also the high price value is another major reason why people want to invest in here and get returns in less time duration compared to elsewhere.

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January 16, 2018, 06:14:06 PM
 #19

now many altcoin, sprung up between it all there must be in the place of investing other than bitcoin, all also have the same opportunity as bitcoin all promising profit

but why do more choose bitcoin as the place they invest?
Actually bitcoins are the backbone of all the altcoins and also we mostly trade with each altcoin with respect to bitcoins and convert our bitcoins to the desired altcoin. Bitcoins actually gives good returns and also good profits. Bitcoins also gives us various platforms to earn more money by investing/etc.

Also anytime we earn some altcoins we convert them to bitcoins and also due to the high price, bitcoins go more popular amongst each of the altcoin. some or the other day, altcoins will too come up as the cryptos markets is simultaneously rising and giving good profits for each cryptos related individual.

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January 16, 2018, 06:24:20 PM
 #20

No other crypto currency are not as popular as Bitcoin. We know that Bitcoin is world most famous coin. It has great reputation and popularity. Day by day demand and user are also increasing. So most of the people​ choice it.














 

 

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