Im Surprisd btc still alive

[cryptoboss2020]

There is many More better blockchains with much better use  Cases and utility.
ETH is one of biggest.

Btc is still alive only reason for that is some very powerful and influenceal people want btc to be alive there is no use Case no utility other then speculation even to Move dark money btc is not good even to make Transactions between companies not good.

So I guess btc is alive only that some big important rich person Can speculate and dump btc on poor suckers.

So to Say to take money from people and scam them.

[BlackHatCoiner]

Im Surprisd btc still alive

I am, on the other hand, surprised that you believe it shouldn't be.

People tend to compare Bitcoin with other cryptocurrencies based on their technology. While it is important to support what may be technologically better for you, people like this guy forget an additionally important element of a cryptocurrency. Its behavior in the market.

I'll put aside nullius's Social Phenomenon and the fact that Bitcoin is the first mover. Let's talk about the whales! Yes, that's right, the whales. A researcher of cryptocurrencies should know that besides the technological part, it's about the market after all. If we assume that a crypto has more efficient functionalities and it's better on every single way than Bitcoin in terms of technology, but 50% of the coins are owned by whales, would you still believe that it could replace Bitcoin?

Bitcoin started as an experiment and it's unique, because the coins weren't firstly distributed to whales. If a new coin came up, that was actually “better” than Bitcoin on a global scale, it couldn't have chance to compete it, because it'd quickly have whales!

BTW, I don't know any creators that mined around 4% of the system's coins and left them untouched.

ETH is one of biggest.

How can you compare this thing with Bitcoin since they both solve different problems?

[cryptoboss2020]

Im Surprisd btc still alive

I am, on the other hand, surprised that you believe it shouldn't be.

People tend to compare Bitcoin with other cryptocurrencies based on their technology. While it is important to support what may be technologically better for you, people like this guy forget an additionally important element of a cryptocurrency. Its behavior in the market.

I'll put aside nullius's Social Phenomenon and the fact that Bitcoin is the first mover. Let's talk about the whales! Yes, that's right, the whales. A researcher of cryptocurrencies should know that besides the technological part, it's about the market after all. If we assume that a crypto has more efficient functionalities and it's better on every single way than Bitcoin in terms of technology, but 50% of the coins are owned by whales, would you still believe that it could replace Bitcoin?

Bitcoin started as an experiment and it's unique, because the coins weren't firstly distributed to whales. If a new coin came up, that was actually “better” than Bitcoin on a global scale, it couldn't have chance to compete it, because it'd quickly have whales!

BTW, I don't know any creators that mined around 4% of the system's coins and left them untouched.

ETH is one of biggest.

How can you compare this thing with Bitcoin since they both solve different problems?

Bitcoin has no utility, show me the utility?  Real use Case? 
At least ETH is the blockchain for usdt.

[brainactive]

How can you compare this thing with Bitcoin since they both solve different problems?

BTC is a store of value and that's it. ETH is trying to solve different problem (and therefore has use cases they BTC doesn't)  and it can also be a store of value especially with the new EIP and 2.0 making it deflationary. What is the rationale for choosing something with only a store of value when there is something that does the same thing and more?

[ranochigo]

Bitcoin has no utility, show me the utility?  Real use Case?  
At least ETH is the blockchain for usdt.

I've been using Bitcoin for quite a few of my payments for servers, Bitrefill, etc. LN has more unrealized potential and it depends on the willingness of adoption for it. Bitcoin has more projects which enhances the capability of it and it is fairly convenient as a store of value as well.

It is extremely myopic to be assuming that the market only has the capacity to accommodate for one coin. Just because you think something else is better in certain way doesn't mean the other coins has to be eliminated; there isn't any point for that and wouldn't encourage any innovation. Thinking Bitcoin is kept alive solely by some very rich people is baseless, I think you're thinking about DogeCoin instead. Most countries have been making policies tailored to crush Bitcoin and it has survived them pretty well .

[zanezane]

That's cause there are a lot of people that are still using it in the market and it has the utility to back it up. Not to mention that bitcoin is already proven to be used as a means of payment for a transaction with the 10k Pizza as the first evidence.

[bitmover]

There is many More better blockchains with much better use  Cases and utility.
ETH is one of biggest.

I really love to pay 50 usd per transaction, while I can pay 0.30 using bitcoin.

Vitalik's blockchain, the decentralized" cryptocurrency that has a CEO, has only 4000 full nodes. While bitcoin has hundreds of thousand nodes.

Do you know why Ethereum has only 4k nodes? But it is incredible expensive to run one, and basically only AWS and Google are able to run one.

Btc is still alive only reason for that is some very powerful and influenceal people want btc to be alive there is no use Case no utility other then speculation even to Move dark money btc is not good even to make Transactions between companies not good.

BTC is alive because it cannot be killed. It is basically a social phenomenon as nullius pointed out. It is used in all countries in the world, uniting people from different religions, countries... it is growing wildly without any central authority or CEO. Bitcoin existence is almost a miracle.

People use it because it is necessary, because it is useful, because it is censorship resistant (while Eth is not, as Vitalik can be coherced), it has no central point of failure (like eth has its CEO and AWS servers).

Bitcoin has no utility, show me the utility?  Real use Case? 
At least ETH is the blockchain for usdt.

USDT runs on bitcoin as well. Actually, USDT first implementation was in bitcoin blockchain (omni layer, which is the platform to run tokens in bitcoin blockchain)

https://academy.binance.com/en/articles/what-is-tether-usdt

USDT was originally issued on the bitcoin protocol through the Omni Layer, but it has since then migrated to other blockchains as well. In fact, as you can see on the chart below, most of its supply exists on Ethereum as an ERC-20 token. It’s also issued on several other blockchains, including TRON, EOS, Algorand, Solana, and the OMG Network.

[BlackHatCoiner]

Bitcoin has no utility, show me the utility?  Real use Case?

What part of the whitepaper don't you get? I can transfer value oversea with no third party required.

[fiulpro]

There is many More better blockchains with much better use  Cases and utility.
ETH is one of biggest.

Btc is still alive only reason for that is some very powerful and influenceal people want btc to be alive there is no use Case no utility other then speculation even to Move dark money btc is not good even to make Transactions between companies not good.

So I guess btc is alive only that some big important rich person Can speculate and dump btc on poor suckers.

So to Say to take money from people and scam them.

As I see , you have 308 activity that does mean you have been on this forum long enough to examine the whole development of Bitcoins closely. You should know that the reason Bitcoins is alive is not because of Whales or influential people but more than 50% is actually with small Investors. In the remaining 50% there are many people like :- Mr. Satoshi or even people whose wallets they lost at one point so they are like long term stable investors... Therefore the Volatile whales that you are considering might be controlling a big part but not whole. It's alive because a lot of people believe in it and are working well in the same. I personally was not able to find any job that can go well with my studies then back in 2014 my friends got me engaged in Bitcoins and then I joined the forum in 2016. It's been years and even if I have a stable job I will continue to work with cryptocurrencies especially Bitcoins. It's not about dominance. It's also about the trust in the community.

ETH is definately good in some aspects but at the end of the day it's not a race and I do think you know that ETH and BTC have more of a synergistic relationship.

[the rise]

Bitcoin is still alive because it has a very strong community, maybe some news can make bitcoin drop, or some companies can manipulate the price of bitcoin, but the community can not be destroyed or manipulated there is always support for bitcoin, as long as it will continue to live.

[cryptoboss2020]

Bitcoin is still alive because it has a very strong community, maybe some news can make bitcoin drop, or some companies can manipulate the price of bitcoin, but the community can not be destroyed or manipulated there is always support for bitcoin, as long as it will continue to live.

Lol strong community Don't make the price go up or down.
Whales comes and done price up or down dump.

Without fiat currency nothing to do with btc at the moment if u want to buy something u need to convert in fiat.

[Stalker22]

Bitcoin has no utility, show me the utility?  Real use Case? 
At least ETH is the blockchain for usdt.

You just proved how ignorant you are. The first tokens for Tether, originally called Realcoin, were issued on the Bitcoin blockchain using the Omni Layer Protocol.
Ethereum is not a blockchain for USDT, but USDt-ERC20 is just another version (second edition, if you will) of the same cryptocurrency. Just like the tokens issued on EOS, Tron, Algorand, SLP and OMG blockchains.

Therefore, the next time you wanna say something stupid, at least make sure you know what you're talking about.

[the rise]

That's cause there are a lot of people that are still using it in the market and it has the utility to back it up. Not to mention that bitcoin is already proven to be used as a means of payment for a transaction with the 10k Pizza as the first evidence.

Buying pizza with bitcoin is now enshrined and became a great history in the world of bitcoin, I think from this community strongly believe bitcoin, as well as having advanced technology, very potential in the future brings change in the financial sector.

[ene1980]

There is many More better blockchains with much better use  Cases and utility.
ETH is one of biggest.

So you are claiming that ETH is the best blockchain with use case and utility while Bitcoin does not have a use case and utility, start using Bitcoin and then write the review.

Btc is still alive only reason for that is some very powerful and influenceal people want btc to be alive there is no use Case no utility other then speculation even to Move dark money btc is not good even to make Transactions between companies not good.

What do you mean by dark money, illegal transaction and you think that the rest of the cryptocurrencies will block if anyone is making illegal transactions  .

So I guess btc is alive only that some big important rich person Can speculate and dump btc on poor suckers.
So to Say to take money from people and scam them.

If you have that kind of convictions who is forcing you to be in the market  .

[Stalker22]

Without fiat currency nothing to do with btc at the moment if u want to buy something u need to convert in fiat.

Yet another stupid statement.
These days we are celebrating "Bitcoin Pizza Day". Do you know why and what is the significance of that event?

[elziw]

You will have an answer to your question when you find an answer for why gold is expansive? could you give me a utility for gold? Only one....
I am a big fan of altcoin as they resolve many other problems however as said on other replies, it's a shame that altcoins are not following a fair lunch anymore... I mean what is the point of all this if it will end up with no hard capped tokens where the price is set randomly and the distribution is more the 60% to founders...

[taufik123]

BTC has very strong fundamentals and also a lot of the Bitcoin community that supports bitcoin until recently. until whenever bitcoin will remain alive and continue to be developed. Bitcoin is still a very new digital asset, but its effects are being felt today. Bitcoin is not just a speculative asset, but there are still many uses for bitcoin.

pros and cons about bitcoin have existed since bitcoin was first launched, this is common. many do not like bitcoin and many also support bitcoin. A very strong community will make bitcoin an asset of the future.

[seoincorporation]

if you see how the altcoins are valued, they do it based on bitcoin, not on dollars, that's why bitcoin is so important for the alts and it can't easily die... But as you say, right now we have better blockhains, but without bitcoin they would never exist.

[Ararbermas]

Bitcoin has a good technology than other crypto currency that's why more rich ppl trying to swing the price just to make profits..  And no one can take over mate even despite of the current situation of the market even ETH in my personal opinion .. Because it always jump to the highest level after the hard fall.. And that is proven and tested so many times even before when the price is cheap. so i suggest dont insist that there are some other crypto currency that can take its place.. Especially now that still above the resistance..

[Renampun]

There is many More better blockchains with much better use  Cases and utility.
ETH is one of biggest.

Btc is still alive only reason for that is some very powerful and influenceal people want btc to be alive there is no use Case no utility other then speculation even to Move dark money btc is not good even to make Transactions between companies not good.

So I guess btc is alive only that some big important rich person Can speculate and dump btc on poor suckers.

So to Say to take money from people and scam them.

you are a pure shitcoin maximalist...

let's see the reality in the market, is shitcoin able to beat the dominance of Bitcoin, even many of the shitcoins suffer when the price of Bitcoin falls, so on what basis do you say shitcoin is better than Bitcoin.