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Author Topic: Bitcoin The King Of Crypto  (Read 4179 times)
SuperTA (OP)
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August 13, 2019, 05:35:44 PM
 #1



This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?

source
https://twitter.com/woonomic/status/1161320822344179720
Oilacris
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August 13, 2019, 05:55:39 PM
 #2

Its always be.Btc proven out for 10 years that it do deserve the top spot.It might be outdated by some coins but this one is mainly supported.

It can be seen on dominance but well we cant still be sure if it would stay on top spot forever yet we know that nothing do last forever.

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August 13, 2019, 07:11:13 PM
 #3

The chart only focused on BTC. And it is almost impossible to understand others seriously. But there seems to be a few more performing coins. (Of course, we can't understand which coin is available because the chart data is not very healthy.)

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August 13, 2019, 07:33:15 PM
 #4

The chart only focused on BTC. And it is almost impossible to understand others seriously. But there seems to be a few more performing coins. (Of course, we can't understand which coin is available because the chart data is not very healthy.)

It is completely clear that bitcoin has been much profitable that altcoins. And why do you think the data is not healthy? Coinmarketcap shows similar charts too.
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August 14, 2019, 03:38:30 AM
 #5

The chart only focused on BTC. And it is almost impossible to understand others seriously. But there seems to be a few more performing coins. (Of course, we can't understand which coin is available because the chart data is not very healthy.)

charts like this are not meant to focus on individual coins, it is meant to show the long term movement of all the coins and for that, it is obvious that even though in short term altcoins may perform well or in some cases better than bitcoin, all of them in the long run are going down and lose value without an exception.
for example during 2017 and the pumps, there were many coins that went up a lot more than bitcoin did but they have all lost all that rise, and not just that they also lost more than just that rise. they went below their starting price.

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August 14, 2019, 04:57:03 AM
 #6

Since then Bitcoin always remain on top in terms of price value to all exchange platform on bitcoin world.
They may have some altcoins that are much better in terms of features usages, but still when it comes to trusted one peer to peer
digital currency people still embraced and support more on bitcoin.
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August 14, 2019, 06:24:57 AM
 #7

What an excellent chart.  Grin

It is the perfect chart to illustrate that Alt coins has a shelf live and that the majority of them start with a hyped up launch and then a frenzy period where people are buying coins in the hope of making a huge profit and once they realize that the Alt coin is going nowhere, they start dumping it and it ends up going down and eventually dies.  Roll Eyes

It also shows that Bitcoin is totally different from Alt coins and that it does not follow this hype cycle. The reason is simple, Bitcoin is actually used in the real world and it was not just developed to make a quick profit.  Roll Eyes

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August 14, 2019, 06:27:53 AM
 #8

Bitcoin is always been the dominant cryptocurrency ever since.  It dominated the market even though there are lots of new altcoins are coming in the market.  There are several altcoin that step in to challenge Bitcoin for the title of being the Crypto King but all of them failed miserably.  Op's chart show the reason why.

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August 14, 2019, 07:15:12 AM
 #9

No need to debate which coin is the king of crypto. Out of all those years that passed, bitcoin has been performing well throughout the years. Bears or bulls, bitcoin remain to be the most picked crypto and this will never change as of now.

I made the right decision to stick my investments when I was still a newbie to bitcoin rather go along with the hype of alts. Although there were alts that provided massive returns to its investors but still I'm satisfied that I've stayed to bitcoin.

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August 14, 2019, 07:50:13 AM
 #10

the situation of the altcoins is very bad ... currently the bitcoin price is at $ 10500, this is a big recovery .... for people who bought for example when the price was $19500, they currently have little loss and hopes the price could be more than $ 20,000 in the coming months. But we can't say the same thing to the altcoins:

ETH reached $1300 and today its price is $207

Neo reached  $160 and today its price is $10

Can anyone imagine how Neo's investors, those people who bought when Neo's price was $160 are feeling today? I had bought Neo when the price was $122 and I sell when the price went up to $134. I made a good choice when I sold.

These altcoins are a big risk

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August 15, 2019, 08:00:54 AM
 #11

indeed many new Altcoins are appearing on the market at this time and are trying to be number one but until now i see Bitcoin still stands strong on the crypto throne. Smiley

Do you think Libra can compete with BTC in the struggle for the throne?
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August 15, 2019, 09:27:29 AM
 #12

indeed many new Altcoins are appearing on the market at this time and are trying to be number one but until now i see Bitcoin still stands strong on the crypto throne. Smiley

Do you think Libra can compete with BTC in the struggle for the throne?

No, there's no coin that will compete with BTC, at least it was not created yet.
Also, Libra is stable coin, how can it compare with BTC which is highly volatile and is heavily invested by majority of investors in the market?

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August 15, 2019, 01:07:31 PM
 #13

The chart only focused on BTC. And it is almost impossible to understand others seriously. But there seems to be a few more performing coins. (Of course, we can't understand which coin is available because the chart data is not very healthy.)

It is completely clear that bitcoin has been much profitable that altcoins. And why do you think the data is not healthy? Coinmarketcap shows similar charts too.

Too many data entries are shown in the same graph. We see a lot of colors, but there is no data to compare and compare. For example, I follow the light yellow line. It looks pretty good. If I had known which coin it was, I would like to compare the date, the total quantity, etc. It could be compared.

Of course, Bitcoin is still the most important cryptocurrency. However, it would not be enough to see the price to read the data correctly.

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August 15, 2019, 02:20:15 PM
 #14



A legit shirt that saying Bitcoin is the true king and everyone in the forum sure knows that I guess there's no doubt about it if you look at the Coinmarketcap site Bitcoin truly dominates the price range, the market cap, and volume percentage,

But seeing your chart example just got me confused about the so much lines and it kind of a smudge in my opinion, But anyway it only refers to the number of coins Bitcoin had beaten I guess.
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August 15, 2019, 02:36:54 PM
 #15

I don’t know how on earth you understand the chart that you posted here, I am not a chart lover and I don’t think I even need any chart to confirm what you said. Everyone knows that bitcoin has always outperform most of the coins that we have in the market because it is still a coin that is the most popular being the first, the most reliable and may also be the last of its kind in future when it is being accepted as the main global currency.

The future of bitcoin is still very bright and I know that the gap between it and Ethereum will still be like x5 of what it is now in future, so any investor that would like to invest in this king of coin should better do that now before it becomes really too late, although anytime is still good to invest, just that it is best to get the coin at  cheaper rate.
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August 16, 2019, 03:44:59 AM
 #16

Bitcoin will still remain as the king in the cryptocurrency, and no other coin can replace the bitcoin position. Bitcoin already proves that bitcoin still be the leader of the cryptocurrency. People also know bitcoin as something that they should have than the other coin because bitcoin will give them a big profit compare to the other coin. That is why people still choose bitcoin as the main investment ever. And although people have the altcoin as the investment, people still have a big interest in saving their money in bitcoin.

 
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August 16, 2019, 06:00:29 AM
 #17

a long time ago, bitcoin has always been the top crypto. in addition, the world is also more aware of developments in bitcoin compared to other cryptos. it is evident from the price, we know that the price achieved by bitcoin today, starting from the number 0. because of this, bitcoin is the king of crypocurrency.

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August 16, 2019, 06:02:45 AM
 #18

For me don't necessary look at the chart because bitcoin will remain as king of crypto and it will last long but sometimes i wonder although from popularity and market support side bitcoin already defeat altcoins but some of people always be compairing bitcoin with altcoins which is obviously there is no altcoins will being the replacement of bitcoin

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August 16, 2019, 12:32:49 PM
 #19

Let’s be honest here. Bitcoin is the only crypto that brought the crypto-currency game into the mainstream. The chart clearly shows that although Bitcoin suffers a slump at times, it still out-does the other coins in the long run.
A new crypto is introduced practically every day in the market but it is clear that every person that deals in crypto always has a little more trust on Bitcoin than any other crypto currency out there.
There is no doubt about the fact that the newer cryptos do a little better in the beginning and that is merely because of the fact that they’re new introductions and no one knows which one might strike gold. Other than that, Bitcoin is clearly the winner and in for the long-run.
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August 16, 2019, 11:04:55 PM
 #20



This chart is showing you the top 200 coins performance against bitcoin. It's clearly who is outperforming here. Bitcoin is the king of crypto. Alts got rekt specially when bitcoin made a move like Jagger on the 1st April. But that wasn't april's fools day! Or was it?

source
https://twitter.com/woonomic/status/1161320822344179720
Top market players usually depend on some changing variables like the fundamental and technical analysis but the point is the crypto market is not relevant as the spot currency markets. BTC is deserving of the being a king cryptocurrency, but chart data is not valuable it is something so prophesy you can not know with it what will happen next, you can only speculate. It doesn't need to explain who is boss, it is as simple as checking the coinmarketcap application. The numbers never lie, the market never sleeps especially in the crypto industry.
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