Bitcoin is still the favorite choice

[Mituletr]

An important reason for Bitcoin's popularity is that it has withstood the test of time. No digital currency has experienced so many ups and downs like it. It has been discussed many times around the world, and  tenacity of its vitality also proves its value from the side.
Moreover, Bitcoin is the most widely-consensus digital cryptocurrency, and it has a strong international circulation. The total amount of Bitcoin is constant at 21 million, and it is halved about every four years. It is scarce. In addition, Bitcoin is a peer-to-peer transaction transmission, free from the intervention of various institutions, and can circulate around the world. You can send your Bitcoin to any corner of the world. Coupled with the fact that Bitcoin has higher returns than gold. Digital currency or encrypted assets represented by Bitcoin is the general direction of the development of the entire financial industry.
The great investor's enthusiasm over Bitcoin is based on its overall progress during last decade, it is proven only crypto asset that surpasses the expectation of investors and breaks the previous record highs. And bitcoin has been presented to the world to comply with the general trend of economic globalization.

https://medium.com/cryptocurrencies-ups-and-down/bitcoin-is-still-the-favorite-choice-598d15fde96f

[kaggie]

Bitcoin is, and will be for the foreseeable future.

Other networks are more susceptible to a 51% attack and initial high-staked investor muck-ups.

Bitcoin has the longest running history, which means that it is more likely to hold your wealth for a longer term. The variability of new coins have not proven themselves in their software, as you can see with even ethereum going through large forks. Even with bitcoin, I'd be concerned that developments over very long periods destroying wealth, but it is much less susceptible to this.

Bitcoin, being the first, needs a very, very good reason to fail. If it fails without a good reason, then every other crypto will too.

[Zilon]

Bitcoin has indeed faced diverse critics and major treats by world powers because it has treatened the financial system of the world but be it as it may the beautiful thing about Bitcoin is it decentralization and it's peer to peer transactions which even attracted more investors from across the world making it more acceptable by even non Crypto agencies, how ever by 2029 we should be expecting a new phase of Bitcoin technology with massive volatility and capitalization

[Alisha-k]

Bitcoin still play a major role in the cryto currency cycle although we might be handful diversifying their investment in some altcoin projects but it doesn't change the fact that Bitcoin plays a key role in the development of decentralized currencies and has stood the taste of time despite the waves from across different sectors of the world economy as well as key investors.

[mindrust]

An important reason for Bitcoin's popularity is that it has withstood the test of time. No digital currency has experienced so many ups and downs like it. It has been discussed many times around the world, and  tenacity of its vitality also proves its value from the side.
Moreover, Bitcoin is the most widely-consensus digital cryptocurrency, and it has a strong international circulation. The total amount of Bitcoin is constant at 21 million, and it is halved about every four years. It is scarce. In addition, Bitcoin is a peer-to-peer transaction transmission, free from the intervention of various institutions, and can circulate around the world. You can send your Bitcoin to any corner of the world. Coupled with the fact that Bitcoin has higher returns than gold. Digital currency or encrypted assets represented by Bitcoin is the general direction of the development of the entire financial industry.
The great investor's enthusiasm over Bitcoin is based on its overall progress during last decade, it is proven only crypto asset that surpasses the expectation of investors and breaks the previous record highs. And bitcoin has been presented to the world to comply with the general trend of economic globalization.

https://medium.com/cryptocurrencies-ups-and-down/bitcoin-is-still-the-favorite-choice-598d15fde96f

As a store of value? Probably.

As a currency? I don't think so. There are far cheaper, faster and more anonymous alternatives out there. When it comes to safety, bitcoin is the best but in other fields, bitcoin loses miserably.

If you are here for the long term, bitcoin is your safest bet.

If you want to use crypto as a currency, get something else.

[Fundamentals Of]

An important reason for Bitcoin's popularity is that it has withstood the test of time.

Yes, this is one of the reasons why Bitcoin is probably here to stay. It has weathered all the storms during its inception and then during the time when it was slowly introduced to the open world. Those were the hardest days of Bitcoin I think, those days when Bitcoin was almost unknown and that many of those people who have heard about it were even labelling it as a currency for criminals and syndicates. For now, although it is still very young and not yet as tested as it should be, it has already grown a lot stronger.

[cotton ball]

even though the price of bitcoin is falling, and there are many negative posts about bitcoin, there are some big companies that no longer accept bitcoin, and china forbids bitcoin mining, but bitcoin remains the main choice, because bitcoin is the king of all bitcoins..

[Dhoe]

until whenever bitcoin is still the favorite choice for us to make an asset, because the value of bitcoin is much better than all other coins, altcoins, eth etc., I'm sure everyone on this forum will definitely choose bitcoin as their favorite asset, bitcoin has been growing for a long time almost 10 years, while other coins only appeared after bitcoin developed..

[sapnu]

No matter what happens in crypto, bitcoin will always be the favorite of all considering all the achievements it made ever since it started. Regardless of all the doubts and all the discouragement that was thrown to it, bitcoin was able to make it through and stay at the top. It has even become the one that sets the value of most of the altcoins wherein as it goes high, altcoins will also do so. Bitcoin is the top tier and it will always be able to surpass all the circumstances it has faced, so let us hold on to our faith and make sure to hold now that is down since it will soon rise up once again soon.

[TribalBob]

for anyone who has already get  benefited from bitcoin, surely they will always choose bitcoin as their main asset, with negative news now it is an opportunity for them to collect bitcoin and aim to get maximum profit in the future

[Cling18]

Bitcoin as the father of cryptocurrency has passed all the tests of time and there's no doubt that there would be more improvements and developments in the future. It has actually surpassed the expectations of most users for years. Bitcoin has remained on top snd I believe that no coin could reach the same achievement because BTC will always be the all-time favorite.

[john_nautica]

It is indeed true that Bitcoin can be considered as the crowd’s favorite. In addition to the matter that it is the top word that comes to one’s mind when cryptocurrency is heard, it is also being featured in various platforms with high value. It will stay as a favorite choice because it is a safety net type of coin, it is the primary cryptocurrency and has deemed to be the sustainable one in its existence.

[pinggoki]

for anyone who has already get  benefited from bitcoin, surely they will always choose bitcoin as their main asset, with negative news now it is an opportunity for them to collect bitcoin and aim to get maximum profit in the future

Not just because those people are getting benefited from bitcoin already that's why they are choosing bitcoin, maybe that is just one reason why they are choosing bitcoin among other cryptocurrencies. Another thing is that bitcoin is the number one cryptocurrency in the market cap and because of this, many are still investing in bitcoin compared to other cryptocurrencies like altcoins and other coins. Bitcoin is the most famous cryptocurrency all over the world and that's another reason why people are still choosing bitcoin over other cryptocurrencies.

[Kong Hey Pakboy]

Bitcoin is still your choice because it was the first of it's kind, you would say that Ethereum is your choice if it was the first cryptocurrency. And with Bitcoin being the first, they gather more crowd that it's predecessors.

[perryxi2]

Bitcoin has a long history of existence and if it is said that BTC is one of the most sustainable cryptocurrencies, there are quite a few new projects born but no project can replace BTC in other words BTC is one of the most popular and widely paid coins in the world today

[acener]

Bitcoin would always be my top choice when it comes to crypto currency or even for a long term investment.
I just believe that it would always be the top and it would fly even higher in the future so there would be more profit for the HODLers.

[dunfida]

for anyone who has already get  benefited from bitcoin, surely they will always choose bitcoin as their main asset, with negative news now it is an opportunity for them to collect bitcoin and aim to get maximum profit in the future

Not just because those people are getting benefited from bitcoin already that's why they are choosing bitcoin, maybe that is just one reason why they are choosing bitcoin among other cryptocurrencies. Another thing is that bitcoin is the number one cryptocurrency in the market cap and because of this, many are still investing in bitcoin compared to other cryptocurrencies like altcoins and other coins. Bitcoin is the most famous cryptocurrency all over the world and that's another reason why people are still choosing bitcoin over other cryptocurrencies.

Earning profit is just second because the main thing on why its been supported because into its actual usage or simply on how this change up the payment system since its decentralized and anonymous.

This is where the community do matter most about its pure actual usage but also majority is also in concern on how to make profits and since this is mainly supported or on the top of the market
then that kind of impression would be normal.

A coin wont be staying for a decade on the top rank if it wasnt favorite on the first place.

[BitcoinPanther]

An important reason for Bitcoin's popularity is that it has withstood the test of time.

I agree that Bitcoin had withstood the test of time and still being tested by it.

No digital currency has experienced so many ups and downs like it.

I believe that all cryptocurrency had experienced so many ups and downs but its that among them Bitcoin is the most popular.


I think Bitcoin had been the favorite of the majority of crypto enthusiast because it is the pioneer of decentralized blockchain and had a great story behind it, especially the mystery of Satoshi Nakamoto

[MinoRaiola]

The crypto market is largely part of Bitcoin, but there are thousands of other cryptocurrencies. For Bitcoin maximalists it is clear: Bitcoin is and will remain number 1 and Altcoins are just bad copies. With Altcoins, big profits are possible at best, but they are more for speculation. Bitcoin is there to advance acceptance and many altcoins destroy it again. There are enough examples. If there were only bitcoin, it would be a completely different market.

[Sanitough]

An important reason for Bitcoin's popularity is that it has withstood the test of time.

I agree that Bitcoin had withstood the test of time and still being tested by it.

No digital currency has experienced so many ups and downs like it.

I believe that all cryptocurrency had experienced so many ups and downs but its that among them Bitcoin is the most popular.


I think Bitcoin had been the favorite of the majority of crypto enthusiast because it is the pioneer of decentralized blockchain and had a great story behind it, especially the mystery of Satoshi Nakamoto

The history of bitcoin and the times it had surpassed its struggles has made it our best and top choice for crypto investment. No other crypto has lived for more than 10 years of existence and for that, bitcoin becomes more amazing.

Bitcoin aims to be a currency and that is how it is really designed but since the government are still opposing, bitcoin today is only good for being a store of value. It's definitely a good long term investment that will give us profits beyond our own expectations but maybe in the future, bitcoin as a currency will eventually be realized.