MTNAX
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October 02, 2018, 12:23:57 PM |
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I think it might be because there is nothing that can match bitcoin prices for now and more and more people are using and starting to believe in investing in bitcoin, so that is the reason why bitcoin is considered to be king for now. Currently bitcoin is increasingly popular and no doubt for its benefits. For those who are smart at processing bitcoin, they will be successful and have multiple benefits.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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burky155
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October 02, 2018, 12:24:59 PM |
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I believe inn that too. The bitcoin is the first and the most powerfull coin ever. You can call it the father of all coins! The bitcoin is the first coin and the otheer ones followed it and here we are. With the last cryptocurrency market crush the BTC stayed strong and showed us its strenght. The price never went down $6.000.. If you look back in last 8 months all the altcoins lost like %50-80.. We have to give more trust to the BTC..
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jennygamilo
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October 02, 2018, 12:41:20 PM |
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Its , because bitcoin is very famous and easy to handle , affordable, secure and comfortable.
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tegarp90
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October 02, 2018, 02:09:45 PM |
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Bitcoin is known as the king(father) of crypto currencies , but why is that so ?I have been for several months now reading a lot about the whole crypto ecosystem, i even bought several bitcoins.
Enough background, now on to the topic at hand.
1. Low Fees - Nowadays the average fee for BTC is under $0.5 that was a very good sign for adoption of Bitcoin on large scale. In late 2017 Bitcoin fee was very high around $15 and that time the model of Satoshi Nakamoto is seems to be failed to transfer across the world with almost no fee but the fee is very small and one can easily make a transfer of $5 anywhere in the world.
2 Store of value - It's still a lot. Physical gold has survived wars and governments. Now we have it's virtual version(Bitcoin) that can't be falsified and is easy to carry and trade. Isn't it great?
Bitcoin is functioning as a payment system in Korea and Japan. I could even order food with it or pay the dentist nearby. It's fun to be using something nobody else does, it's a great talk at parties and a great speculative asset, just ask all those traders who made it their full-time job.
3. Lightning Network - LN is making Bitcoin more valuable. Small stores and companies accepting bitcoin using LN that was perfect for small transactions.
Mostly the name, the established brand, as well as the community. Currently people are using it as a safe haven during unstable times. Read what's happening in Venezuela and Zimbabwe. A similar thing was happening in China before the ban. People are using it to do everything the governments are trying to stop them from. Moving money out of the country, hiding income, buying banned goods and services, gambling. It's a rebel coin and the rebel in me is supporting it in full.
In addition, Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Bitcoin is far more liquid, with much larger volumes than every crypto currencies. Bitcoin has the largest developer ecosystem with more software and more implementations than any crypto currencies. Bitcoin has the most entrepreneurs creating companies around it with a lot of intellect, dedication and creativity going toward making it more useful.
When you compete with Bitcoin, not only are you competing with its much larger user base, development team and mining operation, but you’re also competing against the very large ecosystem of startups, open source projects and entrepreneurs.
One thing that cause bitcoin is not owned by every people in the world is the safetyness. People still afraid turn their money into crypto because it's too dangerous. And right now cryptocurrency is just like an investment , not a main currency |
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maulana rifai
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October 02, 2018, 02:14:25 PM |
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because so far no one can match the price of bitcoin, so if no one can match the price of bitcoin then bitcoin will also become king
yes, this is what makes bitcoin increasingly popular and becomes the best coin. people really trust bitcoin because the value of bitcoin is high and stable. the better the value of bitcoin, the more people believe in bitcoin. |
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Exidous
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October 02, 2018, 03:37:27 PM |
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Yes. I totally agree with your opinion. The features which you pointed out are very exactly. That is the answer for the people who are always doubt the quality of Bitcoin
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rathaha10
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io.ezystayz.com
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October 02, 2018, 03:54:57 PM |
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because so far no one can match the price of bitcoin, so if no one can match the price of bitcoin then bitcoin will also become king
yes, this is what makes bitcoin increasingly popular and becomes the best coin. people really trust bitcoin because the value of bitcoin is high and stable. the better the value of bitcoin, the more people believe in bitcoin. And don't forget that Bitcoin was also the first crypto currency coin. Later on new coins were announced. I also think that this is also one of the reasons why Bitcoin is so popular. |
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Ngajim
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October 02, 2018, 05:00:31 PM |
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Yes BITCOIN is a KING. Because bitcoin have a good future and high price than another altcoin.
Bitcoin is very popular and so many people believed Ind bitcoin.
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dark1234
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October 02, 2018, 05:05:29 PM |
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because so far no one can match the price of bitcoin, so if no one can match the price of bitcoin then bitcoin will also become king
yes, this is what makes bitcoin increasingly popular and becomes the best coin. people really trust bitcoin because the value of bitcoin is high and stable. the better the value of bitcoin, the more people believe in bitcoin. And don't forget that Bitcoin was also the first crypto currency coin. Later on new coins were announced. I also think that this is also one of the reasons why Bitcoin is so popular. and remember the reduced supply of bitcoin and the need for bitcoin will definitely increase and allow future prices to increase and this is one of the reasons bitcoin is a long-term investment proimadona like other assets and fluactive prices without government interference |
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Usafstar
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October 02, 2018, 05:52:14 PM |
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Bitcoin is the one which is using for multiple transactions like it is also a currency or we can say that it is intangible asset because we can see it physically but it's value is high and for now the bitcoin is more useful for holding because we can sell at right time so the profit can also be earned through this way and we can hire services like advertisement and other graphics through bitcoin you can pay and make your order online.
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indopool
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October 02, 2018, 05:52:34 PM |
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I think bitcoin is considered the king of all coins in crypto because bitcoins have very high value, and bitcoin is the first crypto coin that is already popular, its limited supply makes Bitcoin rare and has high value, so it's not wrong if bitcoin is king of crypto, because until now there are no coins that can rival the price of bitcoin.
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stiffbud
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October 02, 2018, 06:07:57 PM |
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bitcoin is the king because of a high price and also how the popularity of bitcoin is popular with many people, so I think it's a natural thing for bitcoin if bitcoin becomes king.
Bitcoin is king among all other cryptocurrency because of its market price. In this time one bitcoin is equal to approximately 6400 dollars and no other cryptocurrency has such market price. And Because of this market price many investors use it for investment purposes and bitcoin is the first virtual currency which accept by multiple government and by many multimillion companies which also help to boost up bitcoin popularity. In comparison others cryptocurrency its user number are high and its is also use for various others purpose and these things make it king among all other cryptocurrency. |
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JayCue
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October 02, 2018, 06:22:10 PM |
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I think Bitcoin is the King given the fact that it is the first cryptocurrency that was created and the very first to prove the future of digital currencies.
It was first used to purchase a pizza and now being used almost in all kinds of businesses or industries. And I guess it is the King because it was the
very first thing that comes up to mind when we heard the word crypto or cryptocurrency.
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bitezoid
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October 02, 2018, 06:32:35 PM |
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useful article. keep up posting articles like that  |
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rishad quraishi
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October 02, 2018, 06:39:04 PM |
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All I can say that, as far as I know and I have seen in every sector. The pioneer of anything in any sector grabs that place for all time what ever happens if that process and new thought is accepted by the people. So in this case it took a long time to be noticed and get well known to the people world wide but once it did we saw the acceptance of it. All because of it's unique thought and unique system which made people crazy for it easily. So shortly because of it's incomparable pioneer idea and unique thoughtful innovation that changed the thinking of currency on planet earth made Bitcoin the king of Crypto. And to relate the pioneer thing, we all know that once a king always a king...
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worldofcoins
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October 02, 2018, 06:41:35 PM |
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because so far no one can match the price of bitcoin, so if no one can match the price of bitcoin then bitcoin will also become king
I agree with you on this. There is no coin so far that has surpassed the price of Bitcoin ever. Bitcoin is still in the lead and no coin as far as I can see is to take that away from BTC. |
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kickdapa
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October 02, 2018, 06:46:46 PM |
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Bitcoin wasn't a king! Bitcoin was alone and there was no altcoin. After creating many altcoins, Bitcoin is still ahead of every altcoin's price, popularity and Bitcoin dominance more than 50% Of the crypto market and others 2000 Altcoin dominance less than 50%! Lots of people know the crypto platform only because of the Bitcoin! If Bitcoin price grows the whole crypto market volume grows! If bitcoin price falls down then every altcoins price follows the downtrend. For all these things prove that Bitcoin is the king! The King of the cryptocurrency.
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evichi
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October 02, 2018, 06:53:37 PM |
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The reason for bitcoin being the king of cryptocurrency is not far fetched: The first cryoptocurrency with a wonderful technology-Blockchain. Apart from that, it existed some years before other cryptocurrencies came into limelight. Basically, most fiat to crypto currency exchanges deal with bitcoin, most cryptocurrency exchanges trade with bitcoin as base currency. Some countries even have bitcoin ATM. Bitcoin is the first cryptocurrency nd also the first to be adopted universally as well as have attained highest market capitalization. In all aspects, bitcoin is the king of crypto.
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kleeck
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October 02, 2018, 07:05:50 PM |
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Because it is the first cryptocurrency.
It is not the best blockchain or any other advantages to the other cryptos. But, it has brand effect. Most people only know bitcoin and not even heard most of the others. It will always be the king because of this effect.
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royalfestus
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October 02, 2018, 07:06:17 PM |
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With Bitcoin anonymity, $400 to $6000, Warren Buffet saying "bitcoin will end up badly" etc.., people fear cryptocurrencies  Warren buffet has a lot of regrets not investing in technology. I dont get worried with his comments; he believe its a quick scam project and most times when he gets into the news with his views the market responds positively. |
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