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Author Topic: Why bitcoin is superior  (Read 2275 times)
opv321
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August 14, 2018, 09:07:37 AM
 #141

Competition is not sitting still. It's time for bitcoin to solve the scaling and speed issues. It certainly still has a lot of room for improvement, but with initiatives such as the Lighting Network, among others, it shows that there is a will to improve the currency.
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Herostorm
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August 14, 2018, 09:10:40 AM
 #142

Probably they are the main coin in the market, and the earliest coin was born, so the BTC has inscribed in the psychology of investors they think BTC is the main currency to them in dollars.
Abeycity9917
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August 14, 2018, 09:15:56 AM
 #143

Because of btc structure, lack of pre_mining and the fact is it was the first into these spaceBtc, Btc is by far the  major decentralized crytocurrency. This has created highly secured network that has never been hacked 
Gurjasmeet
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August 14, 2018, 09:31:11 AM
 #144

I think bitcoin currency is the oldest currency. lot of people invest & gain good profit. bitcoin had a brand name in crypto currency. so l proud of bitcoin & say it's the king of all coins.
cryptoblezin
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August 14, 2018, 11:12:00 AM
 #145

To me personally, Bitcoin holds everything to be a superior in the Crypto space. It remains the father of all other altcoins as it's the first Crypto ever liveth. Hence, Bitcoin is the king to other altcoins. That its price go along way in affecting other altcoins price.
D3m1r4wanti
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August 14, 2018, 11:14:39 AM
 #146

because if there is no bitcoin, then there will be no other crypto currencies, if bitcoin does not have a very high price then any other altcoins will not be valuable. because bitcoin is a pioneer of all crypto currencies
soooulliv77
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August 14, 2018, 11:17:19 AM
 #147

Now it does not matter whether someone can move bitcoin from his throne, the main thing that the whole market began to recover.

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V. J. Meyer
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August 14, 2018, 11:21:23 AM
 #148

Since btc is the oldest coin in the encrypted market, they are the coin that arouses the cryptographic field and spreads all over. Today btc is widely used in the payment of goods and services. So many countries have accepted BTC as the currency of the country so they are famous for their high prices nowadays.
iamreal
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August 14, 2018, 11:35:21 AM
 #149

It is true that crypto space is so volatile, I use to hear about the word 'crypto is volatile' I really never understand it before but the current market situation have really teach me the volatility of cryptos. Next time I will make a better decision.
Jancuki
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August 14, 2018, 11:42:34 AM
 #150

of course, bitcoin is the beginning of the emergence of digital coins, so it is no stranger to bitcoin dominate because he is the king.
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August 14, 2018, 11:46:46 AM
 #151

Lately I have realized couple of newbies complain about vulnerability of the market because of the dips
But truth is we seem to have forgotten that

Whereas Bitcoin is the first and largest decentralised digital currency used as a store of value and a means of payment, Ethereum is the largest decentralised application network.

That explains why bitcoin dominance seem unbreachable

Because bitcoin is the pioneer,the first created coin from blockchain technology and the most competitive to invest,bitcoin is the most stable coin among all cryptocurrency thats why domination can't take from this,how could you imagine this market when bitcoin goes down ?do you think this will be still healthy?no and will never
imToken
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August 14, 2018, 11:51:49 AM
 #152

There will come a time when people prefer to have digital money (bitcoin) rather than paper money, but it is likely that the price of bitcoin is already 1 billion / bitcoin because bitcoin supply is only 21 million coins in the world.

Interesting fact, in the history of the world giants collapsed because of losing innovation and technological progress. Imagine a world in which we live. You can buy anything privately. There is no bank. There is no administration fee. Not afraid of inflation that makes the value of the currency increasingly eroded.

This is what digital currency, bitcoin promises
Indeed, Bitcoin is the best way to fight inflation. Nothing can have such attributes, we all believe in the future of BTC. So no matter how the current price fluctuates, it will not affect me. My goal is 5 to 10 years later

Godparticles
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August 14, 2018, 11:54:31 AM
 #153

Because Bitcoin is the founder of this industry, its influence in this industry is very large, and many cryptocurrencies are attached to Bitcoin. So Bitcoin will be better than other cryptocurrencies.
JimmyNg90
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August 14, 2018, 11:59:07 AM
 #154

Well,
"bitcoin dominance seem unbreachable"
but not only that
"Bitcoin is the first and largest decentralised digital currency used as a store of value and a means of payment"
I think the first cryptocurrency what is known by everyone. Bitcoin is the first success of the industry 4.0 revolution, that open a new world of industry and information technology.

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losiva
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August 14, 2018, 12:33:35 PM
 #155

Lately I have realized couple of newbies complain about vulnerability of the market because of the dips
But truth is we seem to have forgotten that

Whereas Bitcoin is the first and largest decentralised digital currency used as a store of value and a means of payment, Ethereum is the largest decentralised application network.

That explains why bitcoin dominance seem unbreachable

It's a normally thing for newbies to complain when the market is down because they are not used to it, when i was a newbie i use to complain too, but when i understood the market, I stop complaining, so with time they will learn by experience
Xiao Mei Mei
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August 14, 2018, 12:42:38 PM
 #156

because in the future, only bitcoin will survive and other coins will be lost. therefore bitcoin is superior
1goldhunter001980
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August 14, 2018, 12:45:20 PM
 #157

Lately I have realized couple of newbies complain about vulnerability of the market because of the dips
But truth is we seem to have forgotten that

Whereas Bitcoin is the first and largest decentralised digital currency used as a store of value and a means of payment, Ethereum is the largest decentralised application network.

That explains why bitcoin dominance seem unbreachable
I think due to it's so many advantages compare to other cryptocurrency makes bitcoin superior because bitcoin is the most popular and with the highest market capacity among all and it is also having a highest number of investors world wide.
crazymelons12
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August 14, 2018, 12:49:22 PM
 #158

I think that is simple. Bitcoin started it all and the only popular coin that stood the test of time. And since then it has never been surpassed even with so many promising coins that may be able to break bitcoins achievements.
OluwaTosin10 (OP)
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August 14, 2018, 01:04:01 PM
 #159

I think that is simple. Bitcoin started it all and the only popular coin that stood the test of time. And since then it has never been surpassed even with so many promising coins that may be able to break bitcoins achievements.

yes you are right, bitcoin did not only start it all, bitcoin surpassed expectations, survived the bearish market.
proved its stability and remained the best.

the achievements alone keeps it soaring on.
capableuwa1
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August 14, 2018, 03:48:50 PM
 #160

I think that is simple. Bitcoin started it all and the only popular coin that stood the test of time. And since then it has never been surpassed even with so many promising coins that may be able to break bitcoins achievements.
Yes i agree with that as Bitcoin set the pace for other cryptocurrency coins to come into existence. Bitcoin is the backbone and the foundation of digital decentralized currency started with bitcoin. So that is part of the reason why it is so dominance and superior in the marketplace.
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