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Author Topic: Why bitcoin is superior  (Read 2275 times)
stunedi
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September 07, 2018, 05:12:45 PM
 #221

Yes, I agree that bitcoin is known all over the world and its capitalization is much higher than altcoins. therefore, bitcoin is the best coin.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Winkletoss
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September 07, 2018, 05:15:22 PM
 #222

The thing is clearly that Bitcoin is the first generation the first crypto currency everyone else have basically learned a lot of bitcoin that is why it keeps being superior.
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September 07, 2018, 05:15:30 PM
 #223

Bitcoin is definitely superior in terms of market value and capitalization.
It was the first digital currency and has grown significantly over the years.
Some other currencies have more applications and use cases than BTC, but it's still the best cryptocurrency investment.

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iamike
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September 07, 2018, 05:16:22 PM
 #224

Bitcoin has been in the system before the alternative currencies. Bitcoin has gained the worldwide recognition and value has been the pioneer for quite a while. Notwithstanding that fact, altcoins like ethereum has also been given the high recognition and acceptance. Above all bitcoin still remains the boss. No doubt.
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September 07, 2018, 06:14:15 PM
 #225

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

Bitcoin dominace goes beyond being the first and decentralized digital currency and history shows that there were other digital currencies that were introduced but were not able to gain popularity like bitcoin. I think that there is a misconception about Cryptocurrencies and blockchain technology. The idea of decentralisation is not about which is better but about synergy and cooperation among a lot of blockchain technolgy. However for now, people are more familiar with bitcoin than other cryptos 

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September 07, 2018, 08:51:16 PM
 #226

It was the first cryptocurrency to ever exist and that means it has a lot of influence these days, whenever cryptos are a subject of conversation, bitcoin is always there as it is impossible to talk about them without naming it.

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September 07, 2018, 08:58:49 PM
 #227

For the most usual people BTC is a very innovative thing. It has finitive coin supply and it is most popular coin. It is mostly enough to buy it and hold or trade. The popularity of the other coins will come much later. It can take 2-3 more years for ETH or Monero to become such popular as btc now.

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September 08, 2018, 09:36:16 PM
 #228

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 is mainly due to the fact that bitcoin is the first cryptocurrency that was put in the market, it has had a lot of time to grow and evolve along with the demands of the investor. Given that and the fact that bitcoin has the highest number of investors which makes sure that the coin always has value, it will always be superior to all of the other coins.

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September 08, 2018, 09:39:17 PM
 #229

I think it's just because it was the first one, if ETH had been the first coin, it would be taking its place and maybe the market would be less speculative, we will never know, but we can trust that ETH and bitcoin are excellent currencies in their own environment and each one performs quite well, so any investment in either will be quite rewarding.

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September 08, 2018, 09:43:45 PM
 #230

Because Bitcoin is first coin in this market so It introduced to us about blockchain and these stuffs. Also a lot of people used to bitcoin for some reasons in the world like in China, Venezuela.
Bitcoin managed to become a side currency in a lot of countries with economic crisis like Venezuela, a lot of people try to hold their money in crypto, so their earnings don't devaluate over time.
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September 08, 2018, 09:47:21 PM
 #231

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

You have said it all, it's superior because its the first and still the best cryptocurency out there. It control other altcoin. Its the father of blockchain, other are just trying to compete but it far a ahead of them interms of everything.
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September 08, 2018, 10:38:17 PM
 #232

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
Good comment, I fully can support it. Bitcoin will stay number one, I agree here.
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September 08, 2018, 11:12:32 PM
 #233

The thing is that bitcoin is obviously the first  decentralized cryptocurrency, it ushered in a new era of financial freedom and inspired a billion dollar industry
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September 08, 2018, 11:20:21 PM
 #234

Bitcoin is superior in many ways, bitcoin is the king of all coins, bitcoin is the genesis of all coins in crypto currency, it sets the standards while other coins follow and look up to bitcoin, bitcoin is accepted widely Apart from that bitcoin serve as a means to store value.
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September 08, 2018, 11:22:24 PM
 #235

no matter the way and manner in which cryptocurrency is negatively talked about, it has little or no influence on the bitcoin option of the crypto coins as it is more of the founding father and as such enjoys some degree of leverage and immunity but most times is often politicised but then it remains the superior of them all
BitSat
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September 08, 2018, 11:34:08 PM
 #236

Coins in that category without a specific product is just simply more like a clone and that is all they will ever be. That first movers advantage is what has made bitcoin superior over time We call it the King of cryptocurrency it is just like an iron rod that has passed through furnace being the first successful digital currency and have been passed through some serious of tough developments and adoptions and having been the attraction to what we know as altcoins leave no doubt that it will continue to rule the cryptoworld.
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September 08, 2018, 11:39:09 PM
 #237

Bitcoin is the founder of this market and a father figure as well. It will always stays higher than rest of the crypto.
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September 08, 2018, 11:42:21 PM
 #238

because there are so many who trade on bitcoin coins, so that bitcoin is superior, I'm very happy if bitcoin is the most excellent coin, investing in bitcoin is very good.

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September 08, 2018, 11:42:46 PM
 #239

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 a very strong coin, and bitcoin is the first coin in crypto. and this greatly affects the price and quality of bitcoin. so that makes bictoin so superior
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September 08, 2018, 11:44:45 PM
 #240

No coin can surpass and break bitcoin's record.

If there will be a better and new coin that can possibly take away bitcoin's spot light just tell us. But I doubt it will happen for the next years to come, very impossible to see now that there will be a coin that can be more superior than bitcoin. Maybe someone will say that there's a superior coin, yes that's only a name but in title its not.



 

 

 

 

 

 


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