Bitcoin The King Of Crypto

[Vishnu.Reang]

Everyday new coins are being listed, and despite that the Bitcoin dominance is rising continuously. UNUS SED LEO was listed just a few months back and now it is the 12th largest cryptocurrency in terms of market cap. Competitors may come and go, but Bitcoin stays there forever. Those who had put their faith in Bitcoin are now smiling, and those greedy users who wanted 1,000x returns in two months are crying. 

[hahay]

If bitcoin collapses, the whole crypto system will collapse

So far, it applies to the correlation between Bitcoin and Altcoin prices. I don't know if Bitcoin disappears, then Altcoins will disappear as well. We know that altcoins are backed up by some big companies, as long as the community trust to the coins, I think they can survive even if no support from Bitcoin. At least, I see a chance for them to survive. So, it is too early saying "crypto system will collapse if Bitcoin collapses".  

That is indeed an assumption for many people even I also think like that for now, but when we see the many altcoins that have their own advantages with the support of relevant parties, then at least such an assumption will get a pattern that is broken later which is possible even though bitcoin collapsed, maybe altcoin could survive because of the high enthusiasm about crypto also growing and increasing.

[Oceat]

If bitcoin collapses, the whole crypto system will collapse

So far, it applies to the correlation between Bitcoin and Altcoin prices. I don't know if Bitcoin disappears, then Altcoins will disappear as well. We know that altcoins are backed up by some big companies, as long as the community trust to the coins, I think they can survive even if no support from Bitcoin. At least, I see a chance for them to survive. So, it is too early saying "crypto system will collapse if Bitcoin collapses".  

That is indeed an assumption for many people even I also think like that for now, but when we see the many altcoins that have their own advantages with the support of relevant parties, then at least such an assumption will get a pattern that is broken later which is possible even though bitcoin collapsed, maybe altcoin could survive because of the high enthusiasm about crypto also growing and increasing.

How would you guys think that Bitcoin might collapse?

I can't think any possible way but okay, let's just say that Bitcoin would collapse one day due to the dying supports of crypto enthusiast. Do you guys think that altcoins wouldn't collapse too if Bitcoin would collapse one day? I still can't think any possible reason right now but within its 10 years of existence, it never fails to amaze me everytime the market starts to grow.

[muhhentuhhen]

Yeah, bitcoin is the superstar of the crypto market, the price of bitcoin will rise high as per crypto experts prediction.

According to experts, in 2019, Bitcoin counted 5 million active users, and by 2030, BTC is predicted to take the 6th leading position in the world's reserve currency. Bitcoin will always stay the king of the cryptocurrencies, and nothing will be changed.
It does not mean anything that some altcoins are faster. They can appear and vanish, and they are always affected by BTC changes.

[mirakal]

Yeah, bitcoin is the superstar of the crypto market, the price of bitcoin will rise high as per crypto experts prediction.

According to experts, in 2019, Bitcoin counted 5 million active users, and by 2030, BTC is predicted to take the 6th leading position in the world's reserve currency. Bitcoin will always stay the king of the cryptocurrencies, and nothing will be changed.
It does not mean anything that some altcoins are faster. They can appear and vanish, and they are always affected by BTC changes.

For many years, BTC has proven as the king in crypto as there was never a time that it drop from its current ranking now.
In fact, BTC does not posses the best system as a payment system but look where it's sitting now, it's still in the number 1 and not just as number 1 but has dominated the combined altcoins in the market.

That's the real definition of a king, altcoins may have some time where they are hype but we know it can easily be affected when BTC will start having a significant movement.

[ttcsalam]

It's nothing new to say. Bitcoin, the king of the world of crypto . All Altar coins were created from here. Bitcoin is leading the way in this world. Even though Ethereum is known as 2 coins. Most traders now trade with Bitcoin.

[Lalafell]

Bitcoin is the King of Cryptocurrency, Why?First, it has lower Fraud Risks for Buyers. Bitcoins make it possible for buyers to complete their payments without divulging any sensitive financial information (like credit or debit card details) to the seller. Bitcoins make it possible for buyers to complete their payments without divulging any sensitive financial information (like credit or debit card details) to the seller. Reduced Transaction FeesTransaction fees for bitcoin payments are significantly lower in comparison to the ones made for credit and debit card purchases.There’s no involvement of a third party. No one can freeze, tax, or claim your coins. They cannot be stolen and cannot be seized by the government in no possible circumstances.

[virasisog]

Bitcoin is still strong despite the dramatic volatility. According to Anthony Pompliano. I do  agree It is Bitcoin it is what it is.
Volatility is not its weakness but instead its one of the attractive characteristic of Bitcoin for me.
Bitcoin will always be number 1 of all crypto for it is the root and where everything about crypto started.

https://cryptonews.watch/bitcoins-fundamentals-remain-strong-despite-recent-show-of-volatility-claims-anthony-pompliano/?doing_wp_cron=1570006228.6069800853729248046875

[Wexnident]

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

As the forefather of all coins, it's expected as such foenit to be the king of crypto. As one of the coins whom was managed since the start of crypto, it naturally shows a larger margin of improvement compared to other coins. Despite the amount of coins trying to compete with bitcoin, nothing comes close to beating it out of its throne

[Ailmand]

Bitcoin deserves to be on the top. It is the first cryptocurrency to be acknowledge by many people and to be successful in changing the way on how we transact. It had brought a lot of opportunities and fortune to a lot of people amd it will continue to grow as time passess by.

[Lmaooo]

http://shrani.si/f/3k/td/3dpjA4N0/1/ce713a4d2467ee9e8552f141.jpg

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

This year is good for bitcoin as it recovers almost 50% of the bitcoin ATH price. Also, the bitcoin market dominance grew from ~ 30% to 70% all in this year of 2019. There's no doubt this year is going to be recorded as one of the best years for bitcoin regardless of the harsh market conditions.   

[hahahafr]

No doubt about that mate, Bitcoin has always been and would be the KING of all cryptocurrencies. No wonder it's dominance over the cryptocurrency market is over 60%. Altcoins got rekt big time and it's not good to invest into altcoins at the moment. Go all out in BTC.

[yohananaomi]

No doubt about that mate, Bitcoin has always been and would be the KING of all cryptocurrencies. No wonder it's dominance over the cryptocurrency market is over 60%. Altcoins got rekt big time and it's not good to invest into altcoins at the moment. Go all out in BTC.

strongly agree, bitcoin is clearly still the king of crypto. all altcoin until now still depends on the movements that occur with bitcoin. it is really necessary to be careful for investments aimed at altcoin, because now there are many altcoins that are actually detrimental to investors.

[MetalGear]

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

It's not surprising, bitcoin has been labeled as king of crypto for nothing. There's lot of analysis that shows how dominant bitcoin is. Even though the market volatility is expecting to have high trends, bitcoin stayed unaffacted by the sell off of assets, it even crushed the record of assets including yen, WTI crude oil, and gold. Considering bitcoins 2017 bull run that hit up to $20,000, many investors chose and have been convinced to have bitcoin as their assets. But there's no guarantee that bitcoin will stay on top and won't be overthrown by other cryptocurrencies.

[Ris88]

If bitcoin collapses, the whole crypto system will collapse

So far, it applies to the correlation between Bitcoin and Altcoin prices. I don't know if Bitcoin disappears, then Altcoins will disappear as well. We know that altcoins are backed up by some big companies, as long as the community trust to the coins, I think they can survive even if no support from Bitcoin. At least, I see a chance for them to survive. So, it is too early saying "crypto system will collapse if Bitcoin collapses".  

That is indeed an assumption for many people even I also think like that for now, but when we see the many altcoins that have their own advantages with the support of relevant parties, then at least such an assumption will get a pattern that is broken later which is possible even though bitcoin collapsed, maybe altcoin could survive because of the high enthusiasm about crypto also growing and increasing.

Precisely my assumptions are very opposite direction, in fact I assume it will be the opposite that what we see at the moment, Bitcoin has a surprise at every time we will not know in 2020, that many have predicted that Bitcoin will strengthen and until now, I did not hear of altcoin which has the potential to rival bitcoin in the global market, and even tends to weaken when the price of Bitcoin drops ...

[Reosta_]

Bitcoin is definitely the king of all cryptocurrencies. Bitcoin has been at the top for a long time and I don't think it will change so easily. There will always be new altcoins but I think there won't be much altcoin that have potential to reach Bitcoin's level.

[lepbagong]

Bitcoin is definitely the king of all cryptocurrencies. Bitcoin has been at the top for a long time and I don't think it will change so easily. There will always be new altcoins but I think there won't be much altcoin that have potential to reach Bitcoin's level.

Strongly agree with many opinions that have been said, that bitcoin is still the king of crypto and will probably remain that way. it seems like what you say is the right thing and I strongly agree, that there are many new altcoins coming up and it is impossible to replace bitcoin.
but bitcoin will be king in crypto and not easily replaceable.

[Sithara007]

Bitcoin is definitely the king of all cryptocurrencies. Bitcoin has been at the top for a long time and I don't think it will change so easily. There will always be new altcoins but I think there won't be much altcoin that have potential to reach Bitcoin's level.

Some of the altcoins do have better technology when compared to Bitcoin, but the problem is that the users are not looking for a technologically superior coin. If that was the case, then the third generation cryptocurrencies such as Cardano or NEO would have toppled Bitcoin from the top position by now. On the contrary, Cardano is one of the worst performing cryptocurrencies currently, with a net loss of 98% from the all time high levels reached during the end of 2017.

Ethereum is currently the second most popular cryptocurrency, and the reasons for that is clear. Ethereum is relatively easy to use (when compared to alts such as Monero and Cardano), and there is a large community which offers help to anyone who needs it. If some new cryptocurrency wants to overtake either BTC or ETH, then it needs to gain the confidence of the ordinary user. And so far none of them has managed to do that.

[Pab]

Sure Bitcoin is king of crypto and will be for next years
Bitcoin is already recognized in financial world like a most risky and most profitable asset class
Some traders see bitcoin like a factor to predict next stocks moves
Bitcoin price moving down or up first to stocks
Most important is that Bitcoin blockchain is most secure from all kind of blockchains

[joinfree]

Since  bitcoin is first ever successful cryptocurrency it has already  build it brand. Right now bitcoin is house  hold name most  people  believe  that  bitcoin is the only cryptocurrency that exit.  So dependency of  bitcoin is  very high  so it will always be  the king. and every  other  coin or  token  must  bow to  it.  when bitcoin price drops down all other  coins price also  drops down.. bitcoin control the cryptocurrency  market.