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Author Topic: Why is bitcoin unique or place higher than others coins?  (Read 572 times)
bamb
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September 24, 2018, 03:29:40 PM
 #81

Bitcoin is the first cryptocurrency to successfully enable codes to interact and communicate with each others, and if there is bad code that is communicating within the network, it get rejected by the network! Bitcoin has been succesful so far as far as trustless transactions and payment is concern!

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Razick
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September 25, 2018, 04:17:39 AM
 #82

Bitcoin is the first cryptocurrency, without bitcoin none of us would be here talking about cryptos, that is why it is placed higher above all the other coins. And also since bitcoin has been in the market for so long and has managed to stay relevant and remain the most useful coin in the market, that gives it a different place than the other coins.

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September 25, 2018, 04:34:10 AM
 #83

Hi there!

Like you said yourself bitcoin is made first and has this advantage over all others.
Bitcoin is also the most bought and sold coin.
Also bitcoin is used to buy alnost all other coins so you need bitcoin.

Its the alpha coin and it wont go away soon.
Same for ETH yes EOS etc are better in my opinion but it still has the first move and biggest community, this make them superior at the moment.

Greetings! Cool

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September 25, 2018, 04:44:37 AM
 #84

Bitcoin is known as the first coin over established in 2008 and has the highest market cap of $108,617,372,869,00
 current price of $6,300.21.
 On the coinmarketcap, they are coins with higher prices than bitcoin like,
1, Bit20 (BTWTY) with price of $177,216.60
 market cap of $180,052.00
2, Project-x (NANOX) with price of $26,761.96
 Market cap of $2,094.00
3, 42-Coin with price of $24,183.25
Market cap of $1,015,69.00
We have coins with some awesome project, so why is btc regarded as the king of coins and it's so unique than others?


The reason behind this is somewhat clear. Bitcoin have is the first coin ever introduce and is the most relevant name in the crypto world. there are many people that have not heard of cryptocurrency but when you ask them of Bitcoin they will easily respond yes, so the only way they can have the knowledge of what cryptocurrency is, is to tell them of Bitcoin before you can go ahead in telling them more of bitcoin.

So many people have been educated about how to make money investing in bitcoin and they have invested, but they cannot recall if they have heard of cryptocurrency before.

So Bitcoin have many supporters, people hold seminars educating people about bitcoin.
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September 25, 2018, 04:59:02 AM
 #85

Most people trust bitcoin. Bitcoin has established itself over the years as the most stable cryptocurrency. Almost the whole world knows about bitcoin, while only a limited amount knows about altcoins.

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September 25, 2018, 05:33:03 AM
 #86

because it has already become bitcoin coins first. even the knowledge of bitcoin first new crypto. and there is also still the best mascot bitcoin for crypto.

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September 25, 2018, 01:00:32 PM
 #87

Bitcoin is the first ever cryptocurrency it was invented in 2009. Bitcoin start a new era in currency world. It’s well recognize around the world.  It is the father of all the cryptocurrencies. It is the most demanded cryptocurrency in the world.
It has a largest number of users and it is most expensive and valuable cryptocurrency in the world. Most of the people have interest to buy bitcoin. Bitcoin is a pioneer and is the first coin in the digital currency system. The blockchain system on bitcoin gives a lot of advantage compared to others.

It’s a good thing in applying digital financial systems. People are becoming depended on internet they spend most of the time on internet by doing lots of job like use social media, gaming, shopping etc. then they need money to buy something from internet.
People use bitcoin as a digital currency which is very transparent and easy to transaction around the world. Future generation will be very free and easy minded they will prefer bitcoin instead of money because bitcoin easy to transaction. That’s why its unique or place higher than others coins.
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September 25, 2018, 01:02:51 PM
 #88

It's very strange to see such a question, because it was BTC who created everything that you now know about crypto-currencies, so if suddenly you do not know anything about it, it's best to visit the information section for newby accounts, where there is a lot of information about it.
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September 25, 2018, 01:09:19 PM
 #89

the world's big banks, or at least people who are influential in the world of economics, invest in bitcoin. I think that makes bitcoin always the number one coin and the demands on bitcoin will always be the highest.
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September 25, 2018, 01:24:24 PM
 #90

Bitcoin created a cryptocurrency. It is limited and limited worldwide. So its price is very expensive. It is the gold in the cryptocurrency.
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September 25, 2018, 01:41:48 PM
 #91

because bitcoin is the first coin created in the digital or crypto world. so don't be surprised if bitcoin is higher than other coins. bitcoin will be a role model for other altcoins and the price of altcoin is greatly influenced by bitcoin. it can be said that bitcoin is the king of all altcoins.
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September 25, 2018, 01:49:24 PM
 #92

One of the main reasons why bitcoin is considered as king is First it was the first cryptocurrency and it is widely supported by its community. it took almost 2 years for the second Crypto coin. And in its early days, it was easier for users to mine bitcoins. Although its value was much less at that time. But over a period of time popularity of Bitcoin kept increasing and in the year 2017 was a golden year for Crypto.

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September 25, 2018, 02:00:35 PM
 #93

Bitcoin is the stalwart of cryptocurrencies all credits for Satoshi nakamoto the founder of Bitcoin, it has a huge number of users and very much popular in the world. This digital currency makes transactions in a real quite and it is so easy too. You can make lot of money here as well there is a big future for this so that's why it is considered as unique.

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September 25, 2018, 02:12:37 PM
 #94

Well it is obviously due to the fact that bitcoin is more popular and widely used from people of different walks of life and of different culture.Even if a coin gets higher exchange but then only few got to know it or using it,still it can never be recognized as valuable coin.
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September 25, 2018, 02:16:25 PM
 #95

For sure it is caused by some reasons. I agree if in fact the price is higher than others. I think the points are:
~Bitcoin is the first crypto currency that is created by Satoshi.
~Bitcoin is hard to get in market. Many people hold it, and they plan it for long investment.
~Bitcoin is valuable and useful. It has used by platforms, companies, and charities for the payment instrument or fundraising.
~Bitcoin is categorized as a promising investment.
Those are my opinion about why bitcoin is called unique and have highest price.

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September 25, 2018, 02:20:51 PM
 #96

Bitcoin introduct blockchain to our industry that's why its widely acceptable even governments are into the tech future coz it's the future of banking system and why bitcoin keeps increasing?,it's a digital use of communication in the internet, store of value like gold and something is very valuable asset that makes bitcoin to be expensive asset in the planet.
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September 25, 2018, 02:23:46 PM
 #97

The value of bitcoin is always higher than the price of other electronic coins. Because it attracts the investment of entrepreneurs, corporations, corporations and large corporations. Since the birth of this money has brought great success.
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September 25, 2018, 03:36:05 PM
 #98

because it has already become bitcoin coins first. even the knowledge of bitcoin first new crypto. and there is also still the best mascot bitcoin for crypto.
I guess you're right. For many people when they hear crypto, they think Bitcoin and vice versa. Bitcoin is just so tightly bound with the whole idea of blockchain and decentralization that we need Bitcoin for the idea to hold water.
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September 25, 2018, 07:55:31 PM
 #99

Most people trust bitcoin. Bitcoin has established itself over the years as the most stable cryptocurrency. Almost the whole world knows about bitcoin, while only a limited amount knows about altcoins.
Yes, I guess this is the reason. Mutual conventional agreement that Bitcoin is the best. People just agreed on that and keep trusting that it is so.
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September 25, 2018, 07:59:27 PM
 #100

Bitcoin is the first cryptocurrency, without bitcoin none of us would be here talking about cryptos, that is why it is placed higher above all the other coins. And also since bitcoin has been in the market for so long and has managed to stay relevant and remain the most useful coin in the market, that gives it a different place than the other coins.
Yes, Bitcoin revolutionized the whole transaction process and invented so many techniques for the crypto business that it is hard to see why any other coin would be the best in it place.
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