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Author Topic: Why bitcoin is superior  (Read 2284 times)
OluwaTosin10 (OP)
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August 11, 2018, 09:23:37 PM
Last edit: August 11, 2018, 09:48:24 PM by OluwaTosin10
 #1

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
stealth.money
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August 11, 2018, 09:28:33 PM
 #2

Because it the king

cryptobae10
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August 11, 2018, 09:50:36 PM
 #3

Yes
Bitcoin is the shining light and most investors buy a lot of bitcoin in Satoshi
So that either moon or dump you have same value of Satoshi and when market plummets more dollar value too

Probably the extra vulnerable use of Etherum is why it dumps so much
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August 11, 2018, 09:57:25 PM
 #4

In my opinion, BTC still dominates over ETH because of its large consumer/investor base which originates from it being the first crypto coin and people like it also because there's nothing else succeeding it.

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August 11, 2018, 10:03:03 PM
 #5

it's clear that bitcoin is indeed the king. And I don't doubt its greatness
melamiras
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August 11, 2018, 10:16:25 PM
 #6

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

Basically wrong. Bitcoin is not a mean of payment, it is intended as a store of value. BCH is intended as a mean of payment and thus much more prone to ups & downs.
goshay97
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August 11, 2018, 10:22:43 PM
 #7

I think it has everything to do with being first.  The media also talks about Bitcoin almost solely which gives me the indication big money is behind it.  Another fact is Bitcoin has been around the longest and has had no issues so people trust it. 
jeffthebaker
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August 11, 2018, 10:24:36 PM
 #8

Bitcoin is the ultimate cryptocurrency as a currency- for medium of exchange, store of value, and unit of account. No other crypto rivals Bitcoin in terms of use as a currency.

However, there are numerous utility currencies that can do many amazing things that Bitcoin currently cannot. If these utilities begin to see massive adoption than BTC dominance my fall.
Dreamchaser21
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August 11, 2018, 10:25:25 PM
 #9

In my opinion, BTC still dominates over ETH because of its large consumer/investor base which originates from it being the first crypto coin and people like it also because there's nothing else succeeding it.
People wants a sure profit with strong coins and I think bitcoin is only the one fit for that. It is still unstoppable, and no one can replace bitcoin for now but hopefully bicoin still dominate this market in the future.
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August 11, 2018, 10:27:15 PM
 #10

Because its the pioneer of crypto concept.

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August 11, 2018, 10:33:10 PM
 #11

Think for a moment, what was the biggest craze before cryptocurrencies?
I'll answer this for you: apps.
So you're saying Ethereum is largest dAPP network... hmm, that's not a bad thing, don't you think?
One killer app is all that could take ETH to the moon, the same can't be said for BTC, because today if you think about dAPP you think ETH.

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August 11, 2018, 10:34:53 PM
 #12

Bitcoin is the father of all coins and most of the new people joining the crypto-space trust Bitcoin only because it is widely use as payment across the globe while other cryptocurrency is copycat of Bitcoin and don't have an actual product.

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August 11, 2018, 10:52:22 PM
 #13

Because bitcoin is the first electronic currency in the virtual currency world. Bitcoin has experienced many difficult challenges but still stands. The amount of bitcoin is limited to 21 million BTC. The number of bitcoin buyers is still huge.

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Takia
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August 11, 2018, 11:01:32 PM
 #14

Because Bitcoin has long emerged and has no problems so people believe it, bicoint is called the king and pioneer of the crypto concept so that I and many people believe and don't doubt its greatness, good luck always bicoint
UnlimitedMoneymaker
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August 11, 2018, 11:04:46 PM
 #15

In most big corrections on stocks market the most strongest projects collect the more money. When we see the market boom, everything can grow exponentially, but after the long correction only the strongest players still stay on top.

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August 11, 2018, 11:08:34 PM
 #16

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
Yes I also agree, bitcoin has serve cryptocurrency for more than a decades and become the core coin. In which bitcoin has become the foundation of cryptocurrency that is used to be the main currency in crypto.
slackcryptoz
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August 11, 2018, 11:12:42 PM
 #17

Being superior to each and every cryptocurrency is a simple thing when one understands the truth behind it. Without bitcoin we could've never heard of the word cryptocurrency or digital currency. One that served to be the key for an evolution and standing high even after years and after existence of thousands of similar assets makes it to be the superior to the rest.
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August 11, 2018, 11:17:34 PM
 #18

Absolutely. According to bitcoin history is a digital coin that has the most experience in crypto. He is able to survive until now with the highest price. Bitcoin is certainly very famous in almost all of the world. Bitcoin is the most sought after investor and owned by the richest investors.

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August 11, 2018, 11:22:23 PM
 #19

Because bitcoin is the father of electronic money. It has experienced many difficult challenges and proved its worth. The number of bitcoin traffickers is still very high while bitcoin is limited to 21 million BTC. Bitcoins are high in value compared to the rest.
hisyam_fathoni
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August 11, 2018, 11:32:22 PM
 #20

Limited coins bitcoin makes superior. Many people who took the coin. The price of bitcoin is being declined, many people complains with a price now.
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