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Author Topic: Why is bitcoin unique or place higher than others coins?  (Read 572 times)
veter2601
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September 25, 2018, 08:33:40 PM
 #101

Firstly bitcoin is an already established brand. And his behavior in the market defines the growth or decline of all other coins. I believe that the credibility of bitcoin stems from the fact that he has a great team of razrabotcikov and for a long time of its existence, many already know about it. Unlike many btc coins unknown to the masses and therefore no impact on the cryptocurrency market.
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September 25, 2018, 08:49:13 PM
 #102

Firstly bitcoin is an already established brand. And his behavior in the market defines the growth or decline of all other coins. I believe that the credibility of bitcoin stems from the fact that he has a great team of razrabotcikov and for a long time of its existence, many already know about it. Unlike many btc coins unknown to the masses and therefore no impact on the cryptocurrency market.
if Bitcoin is not applied in large scale as a means of payment, then its entire value is no more than a soap bubble. for the realization of these goals, a full legalization of the crypto currency in the whole world is needed.
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September 25, 2018, 08:57:40 PM
 #103

There are significant differences between Bitcoin and other crypto-currencies, despite the apparent similarity. The first digital asset was able and is able to outperform its smaller brothers in the struggle for superiority.
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September 25, 2018, 08:59:28 PM
Last edit: September 25, 2018, 09:10:05 PM by MWesterweele
 #104

There are significant differences between Bitcoin and other crypto-currencies, despite the apparent similarity. The first digital asset was able and is able to outperform its smaller brothers in the struggle for superiority.
Bitcoin uniqueness and having a higher price to others coin is because this coin is have limited supply and higher demand. Also it is first created and it is the only coin that survive for how many years. Then beside of being very profitable it also a great coin too and all cryptocurrency are depend to the Bitcoin price. Everytime Bitcoin goes high the other coins is also goes high same as when it goes down.

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September 26, 2018, 07:25:06 PM
 #105

Bitcoin has come a long way and has established itself as the most stable cryptocurrency. The whole world knows about bitcoin unlike altcoins, which are highly specialized.

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September 26, 2018, 08:33:36 PM
 #106

Bitcoin is unique because of its market price which is high then that of any other cryptocurrency.. Because of its market price many people choose bitcoin over all other cryptocurrency. Bitcoin high prices make it unique among other and also attract many people to invest in it. Bitcoin is old trusted and experienced too these nature od it also make ot unique. Bitcoin is accepted in many country in comparison to other cryptocurrency and many companies also investing in it. These thing also make it special and unique.
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September 27, 2018, 12:56:30 PM
 #107

BTC is so strength because it is the foundation of the cryptomarket and it will be the base inb the future as well, it value is growing and it will be the determinative index.
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October 09, 2018, 11:11:19 AM
 #108

Its history, experience and value are general characteristics that allow BTC be on the top. Moreover it will be increasing as well because the price we have not is not the final variant I am sure.

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October 09, 2018, 11:20:23 AM
 #109

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?

,


Because 90 percentage of people knows about btc. That is kind of Apple or Samsung. When you will say to somebody about cell phones. They can say
these two names. Btc is the king because of that also too many people have btc and people really believe bitcoins future. I am also believe btc more than other.
Yes maybe you can earn more money from altcoins but btc is the most strongest one because adoption. Every people need to hold some btc in their wallets.

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October 09, 2018, 02:02:43 PM
 #110

First of all, Bitcoin - it`s a first and the most popular coin in the world. Bitcoin has the most support worldwide and the strongest mining platform. Moreover, a lot of other coins depend on Bitcoin.
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November 21, 2018, 06:25:04 PM
 #111

because all transactions are conducted through bitcoin, which is the most trusted and decentralized coin
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November 25, 2018, 02:41:16 PM
 #112

Because you need to begin to understand how the cryptocurrency world works as a whole and how it will work later, no one knows exactly what will happen in the future and how the market will show us new events, I'm afraid that all the same the market will be just as aggressive because BTC difficult to pacify.
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November 25, 2018, 02:43:42 PM
 #113

because all transactions are conducted through bitcoin, which is the most trusted and decentralized coin
not all transactions through bitcoin. this is just a matter of trust built by the community alone. first bitcoin has no value, or is very cheap. but because some of the bitcoin communities are growing fast, that's what makes the value of bitcoin very high compared to other coins.

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November 26, 2018, 10:21:47 AM
 #114

In my opinion, altcoins have a much bigger potential than Bitcoin, but the majority of investors think different and are holding a lot of Bitcoins. BTC is the fist and the most trusted crypto on the market at the moment, but it does not mean that BTC is the best crypto.

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November 28, 2018, 12:01:04 PM
 #115

Firstly bitcoin is an already established brand. And his behavior in the market defines the growth or decline of all other coins. I believe that the credibility of bitcoin stems from the fact that he has a great team of razrabotcikov and for a long time of its existence, many already know about it. Unlike many btc coins unknown to the masses and therefore no impact on the cryptocurrency market.
It is not "unique" in the sense that as a code it lacks a lot of stuff some of the other crypto currencies have but the fact that it was the first one really makes a difference. For example ethereum has a lot of potential because it is used in a lot of places but it is still behind bitcoin because bitcoin was the first one and got heard a lot faster because of it.

Ethereum has been a proper known big coin for about two years or so, before that it was all bitcoin that we all heard and even litecoin got more talk. Hence bitcoin is not "unique" but it is the first one that came out and provided us this crypto world and that is why it is getting more attention and more volume compared to all other alternative currencies we have in the world. That will probably never change.
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November 28, 2018, 12:34:16 PM
 #116

There is no cryptocurrency without bitcoin, there are certain reasons why bitcoin is called the king. It ushered in the rest. There is something about being the commander of a an operation, whatever happens to the commander affects the rest. Reason why any shake in bitcoins price has a corresponding effect on the rest crypto immediately

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November 28, 2018, 12:38:45 PM
 #117

I think because of its popularity and fame, ranking at first in all coins in cryptocurrency. The most volume coin in the market so it ia the center of all coins, or some says it is the heart of cryptocurrency.
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November 28, 2018, 12:58:26 PM
 #118

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?

Bitcoin came first
The cryptocurrency market is not all about the price but about the total volume traded each day in usd (the market capitalisation)
Bitcoin is more widely accepted than any other coin
Bitcoin is more stable and also so hard to mine... You can say its moderately scarce (so high in price)
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November 28, 2018, 01:06:51 PM
 #119

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?

I think crypto ranking is base on their market dominance and not on their market prices. Indeed bitcoin is called as the king of crypto due to the world wide acceptance and popularity. In other countries if we talk cryptocurrency it's all about bitcoin as those altcoins are not exist.
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November 28, 2018, 01:25:04 PM
 #120

In my opinion this is a failed experiment. They should not be regarded as reliable assets. Their market capitalization compared to bitcoin is almost zero. They don't even have daily trading volumes. In addition, bitcoin is used in many areas of the Internet. The team is constantly working to improve it, which increases its importance in the world. Most likely on these expensive coins commands do not work. They were abandoned. Perhaps they were created at the peak of bitcoin's popularity as another speculative asset.
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