What's your favorite crypto;Bitcoin

[Bruce4]

Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
My favorite crypto is bitcoin..many economists across the globe have predicted that bitcoin will keep increasing it's value in the coming years.it has inspired  a revolution like no other,rapidly transforming various aspects of the global economy.it is currently the world's most popular and prominent crypto,recognized and accepted in finance ,manufacturing,real estates,healthcare,travel and retail.
It's adoption is increasingly taking shape in several critical aspects of the society.
Bitcoin works for everyone,rather than having someone at the top,the bitcoin network is based on the consensus of everyone who participates in it.
I so much love bitcoin for the opportunities it has offered the world like;
Bitcoin is permissionless
Bitcoin is immune to seizure
Bitcoin is decentralized
Bitcoin is fast and easy to use
Bitcoin provides anonymity
Bitcoin has rendered freedom,as in financial freedom.The average youth today is interested in bitcoin today not because of it's trendiness,but also to seek financial freedom.
Anyone can take up this course on bitcoin;students from various fields,upcoming engineer's,industrial experts,potential students with an open mind,e.t.c it has been the most dominating crypto for over a decade,and I don't see it stopping anytime soon.it is the most promising investment of our age,and it was not a currency for the government,it is a global currency for the people.
Bitcoin is the future!
Bitcoin is the change!!
Bitcoin cannot be stopped!!!
Cheers to all bitcoin usersBTC🥂🥂🥂

[1715312133]

1715312133

[tjtonmoy]

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

I don't think that statement of yours is correct. Other cryptocurrencies are not related to Bitcoin. They have their own blockchain and their functionality is different from Bitcoin. If you are referring to the price movement that other crypto follows with bitcoin's price movements. You are wrong there too. This happens totally because of the sentiments that traders have over Bitcoin. Bitcoin is here with us for over a decade. And not just that, it is still on the top of the list. So obviously, if anything happens to it, people's sentiments will follow that too. Thus, it will create a chain effect and fear amongst everyone in example where bitcoin's price falls, others will think that as a major red flag for the whole crypto market and will treat other crypto as the same.

So the point is, Bitcoin is not connected to other cryptocurrencies. It's us who take the decision based on bitcoin's movement. You can find many crypto moving the direct opposite direction than Bitcoin. I think that is enough proof to justify my statement. Try to research more and expand your knowledge.

[karabiber]

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

I don't think that statement of yours is correct. Other cryptocurrencies are not related to Bitcoin. They have their own blockchain and their functionality is different from Bitcoin. If you are referring to the price movement that other crypto follows with bitcoin's price movements. You are wrong there too. This happens totally because of the sentiments that traders have over Bitcoin. Bitcoin is here with us for over a decade. And not just that, it is still on the top of the list. So obviously, if anything happens to it, people's sentiments will follow that too. Thus, it will create a chain effect and fear amongst everyone in example where bitcoin's price falls, others will think that as a major red flag for the whole crypto market and will treat other crypto as the same.

So the point is, Bitcoin is not connected to other cryptocurrencies. It's us who take the decision based on bitcoin's movement. You can find many crypto moving the direct opposite direction than Bitcoin. I think that is enough proof to justify my statement. Try to research more and expand your knowledge.

There are currently thousands of altcoins or non Bitcoin cryptocurrencies. Generally altcoin prices follow that of Bitcoin. This is because altcoin buyers usually buy Bitcoin with fiat currency to exchange it for their chosen altcoin. But Bitcoin does not cover all cryptocurrencies and also many different altcoins have different uses.

Most of the time though altcoin prices are closely tied to Bitcoin price and closely follow bitcoin. BTC owns more than half of the entire cryptocurrency market. This dominance gives Bitcoin a lot of influence and control. As a result the value of an altcoin is often measured against the price of Bitcoin so if Bitcoin falls, the price of altcoins may fall and conversely if Bitcoin rises the price of altcoins may rise.

[cabron]

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

I don't think that statement of yours is correct. Other cryptocurrencies are not related to Bitcoin. They have their own blockchain and their functionality is different from Bitcoin. If you are referring to the price movement that other crypto follows with bitcoin's price movements. You are wrong there too. This happens totally because of the sentiments that traders have over Bitcoin. Bitcoin is here with us for over a decade. And not just that, it is still on the top of the list. So obviously, if anything happens to it, people's sentiments will follow that too. Thus, it will create a chain effect and fear amongst everyone in example where bitcoin's price falls, others will think that as a major red flag for the whole crypto market and will treat other crypto as the same.

So the point is, Bitcoin is not connected to other cryptocurrencies. It's us who take the decision based on bitcoin's movement. You can find many crypto moving the direct opposite direction than Bitcoin. I think that is enough proof to justify my statement. Try to research more and expand your knowledge.

If I have to justify what he means is that the very altcoin out there in the market is tied to BTC such as market like DOGE/BTC, LTC/BTC or ETH/BTC.

Almost all tokens and coins, if its market is on big exchanges, they are paired to BTC and that is because BTC is the currency to be traded for all but same as stablecoins. They both compete to be the top BTC and USD.

[gunhell16]

My understanding is, not all cryptocurrencies are like Bitcoin which is also decentralized, because there are others that are centralized like XRP, and XMR it is not like Bitcoin which is decentralized, so you should not think that all crypto is connected to Bitcoin.

Although it's good that you believe in Bitcoin, it's really deep, And besides, in today's time, I actually see a lot of cryptocurrencies that have potential and can also increase when the time of the bull run comes and if I only have a lot of money, I'll buy now for sure these coins, just so of course because my money is also budgeted I prioritize the most potential besides Bitcoin.

[Husires]

I like that the support comes from research and knowledge and not repeating some sentences without delving into their meaning. Bitcoin is good as a medium for trading, but its value is greater than just being an investment or advising others to buy it without knowing the risks surrounding it.

Bitcoin is fast and easy to use
Bitcoin provides anonymity

Not all Bitcoin transactions are fast. Sending money to the frozen continent is fast, but it is slow to pay for a cup of coffee, so solutions such as the Lightning Network have been implemented.
Bitcoin is a pseudonymity. It is true that you can generate addresses without revealing your identity, but it is easy to track these addresses.

[mk4]

Bitcoin due to the fact that it's actually one of the most unique cryptocurrencies — pretty much just movement and storage of value; that's it. It doesn't need to have other features for it to be useful. Other cryptocurrencies on the other hand, are pretty much just pseudo-shares and smart contract platforms.

[jossiel]

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

Yup.

This is all true that the entire market is tied to bitcoin as most of the pairs are on it. Everyone understands who's been here for a while that the crypto market has always been so reliant on bitcoin.

But bitcoin can't also skip whenever there are some news that are affecting the altcoins market. We've seen fiascos after fiascos and then those incidents have moved the market entirely as if it's totally tied at all.

[petulino]

Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
My favorite crypto is bitcoin..many economists across the globe have predicted that bitcoin will keep increasing it's value in the coming years.it has inspired  a revolution like no other,rapidly transforming various aspects of the global economy.it is currently the world's most popular and prominent crypto,recognized and accepted in finance ,manufacturing,real estates,healthcare,travel and retail.
It's adoption is increasingly taking shape in several critical aspects of the society.
Bitcoin works for everyone,rather than having someone at the top,the bitcoin network is based on the consensus of everyone who participates in it.
I so much love bitcoin for the opportunities it has offered the world like;
Bitcoin is permissionless
Bitcoin is immune to seizure
Bitcoin is decentralized
Bitcoin is fast and easy to use
Bitcoin provides anonymity
Bitcoin has rendered freedom,as in financial freedom.The average youth today is interested in bitcoin today not because of it's trendiness,but also to seek financial freedom.
Anyone can take up this course on bitcoin;students from various fields,upcoming engineer's,industrial experts,potential students with an open mind,e.t.c it has been the most dominating crypto for over a decade,and I don't see it stopping anytime soon.it is the most promising investment of our age,and it was not a currency for the government,it is a global currency for the people.
Bitcoin is the future!
Bitcoin is the change!!
Bitcoin cannot be stopped!!!
Cheers to all bitcoin usersBTC🥂🥂🥂

Bitcoin may be almost everyone's favorite crypto currency but there are many small investors who don't have enough capital to buy Bitcoin at its current price. It is possible that we can buy some part of Bitcoin. There is no doubt that Bitcoin is the king of all crypto currencies and one of the most reliable and low-risk crypto currencies in the market. Bitcoin is a great option for those who want to make a long-term investment. For those who have more capital, the current price is a great opportunity. I have a lot of altcoins in my hard wallet but the crypto currency I feel most confident and happy with is Bitcoin.

[GeorgeJohn]

Bitcoin due to the fact that it's actually one of the most unique cryptocurrencies — pretty much just movement and storage of value; that's it. It doesn't need to have other features for it to be useful. Other cryptocurrencies on the other hand, are pretty much just pseudo-shares and smart contract platforms.

From this aspect and op kind of question bitcoin doesn't have other features in which I know quite well, I believe that when we talk of bitcoin features we should go directly to bitcoin subordinate such as altcoins, because I understand that op is asking of our favourite cryptocurrencies we like to invest with, and the answer to that question depends on the individual kind of investment the way I'm seeing cryptocurrencies kind of investment everyone have specification of particular cryptocurrency they invest on, but I'm using myself as illustrations I don't have particular or favorite cryptocurrency to invest on, I do split my investment to any cryptocurrency I think that is potential and have a reputation.

[Compromise me]

My favorite crypto is bitcoin..many economists across the globe have predicted that bitcoin will keep increasing it's value in the coming years.it has inspired  a revolution like no other,rapidly transforming various aspects of the global economy.it is currently the world's most popular and prominent crypto,recognized and accepted in finance ,manufacturing,real estates,healthcare,travel and retail.
It's adoption is increasingly taking shape in several critical aspects of the society.

Despite the market drop caused by the agreement between Binance and the SEC Bitcoin is still the most popular cryptocurrency for trading and investing. The backing it has received from Gary Gensler the head of the SEC is mostly to blame for this. Gensler prioritises Bitcoin and views it as a commodity.

In the middle of the chaos on the cryptocurrency market Bitcoin comes out on top providing a safe investment option. It is a dependable choice for long-term growth due to its decentralised structure and advanced technologies. Bitcoin attracts investors looking for security and possible profits.

[wajik-tempe]

My understanding is, not all cryptocurrencies are like Bitcoin which is also decentralized, because there are others that are centralized like XRP, and XMR it is not like Bitcoin which is decentralized, so you should not think that all crypto is connected to Bitcoin.

Although it's good that you believe in Bitcoin, it's really deep, And besides, in today's time, I actually see a lot of cryptocurrencies that have potential and can also increase when the time of the bull run comes and if I only have a lot of money, I'll buy now for sure these coins, just so of course because my money is also budgeted I prioritize the most potential besides Bitcoin.

You are quite true, not all cryptocurrencies, such as Bitcoin, are decentralized. It's critical to understand that each cryptocurrency has its own distinct design, purpose, and underlying technology. Others may favor scalability, privacy, or other specialized advantages above decentralization. Given the cryptocurrency market's growth potential and bull run, it's logical that you'd want to investigate and invest in currencies other than Bitcoin.

[AbuBhakar]

My understanding is, not all cryptocurrencies are like Bitcoin which is also decentralized, because there are others that are centralized like XRP, and XMR it is not like Bitcoin which is decentralized, so you should not think that all crypto is connected to Bitcoin.

Although it's good that you believe in Bitcoin, it's really deep, And besides, in today's time, I actually see a lot of cryptocurrencies that have potential and can also increase when the time of the bull run comes and if I only have a lot of money, I'll buy now for sure these coins, just so of course because my money is also budgeted I prioritize the most potential besides Bitcoin.

You are quite true, not all cryptocurrencies, such as Bitcoin, are decentralized. It's critical to understand that each cryptocurrency has its own distinct design, purpose, and underlying technology. Others may favor scalability, privacy, or other specialized advantages above decentralization. Given the cryptocurrency market's growth potential and bull run, it's logical that you'd want to investigate and invest in currencies other than Bitcoin.

To be precise. Bitcoin is the only true decentralized among all blockchain available because it’s founder is completely anonymous that is proven for more than a decade while other shitcoins that copy Bitcoin footprints is made by developers that trying to replicate Bitcoin just to gain money on it. Even tokens with DAO is still centralized since the team controls the majority of the token that can affect the outcome of the decision made by the team.

Bitcoin is the only coin that is worthy for long term investment and it’s my favorite coin.

[jeraldskie11]

Since it is the king, it stands to reason that everyone, including altcoins, prefers Bitcoin. The main issue I have with Bitcoin is its scalability, which, to the best of my knowledge, the lightning network (layer 2) is the key to improve scalability..

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

What you're stating, in my opinion, is that the majority of cryptocurrencies depend on Bitcoin. I concur with you if that's what you mean. According to what we can observe in the market, whenever the price of Bitcoin takes an impulsive downward move, altcoins will follow. In other words, there won't be any altcoins if there isn't any Bitcoin.

[RewFrew]

There are many cryptocurrency available in crypto currency market. Some currency is good and some are not good. But already many currency being established, like Bitcoi, Ethereum, Litecoin, doge, tron,BNB, Cardno etc. This currency are good and already created their position well in cryptocurrency market. All of them i think Bitcoin is best. Bitcoin is well established coin in crypto world. People called Bitcoin is father of all cryptocurrency. In 2010 Bitcoin price was only $0.09 Gradually It's price increased and creating It's usability. Now Bitcoin price is near about $26k. And it will increase i think. Some countrys accepting Bitcoin. So i think Bitcoin is best cryptocurrency till now. For considering all thimks Bitcoin is my favourite Cryptocurrency.

[Smartvirus]

I so much love bitcoin for the opportunities it has offered the world like;
Bitcoin is permissionless
Bitcoin is immune to seizure
Bitcoin is decentralized
Bitcoin is fast and easy to use
Bitcoin provides anonymity
Bitcoin has rendered freedom,as in financial freedom.The average youth today is interested in bitcoin today not because of it's trendiness,but also to seek financial freedom.

Bitcoin is immune to seizure
On this, i think it very much depends on where you stored your coins. Most individuals involved in bitcoin or who happen to have taken bitcoin investments often make the mistake of leaving there coins on exchanges. That's often because they don't know any better. All they know is, they own an account with the exchange they bought from and so, its safe for them.

Remember the phrase "Not your keys, not your coins"

At that point, it applies. Your not immune to seizure when it ain't your keys. Your account and coins could ve frozen or seized.

Bitcoin provides anonymity
Anonymous yes, since you can't know the person behind an address. Traceable, yes. Still, for those that own verified accounts on exchanges, you can be ID should there be a need that requires exchanges to bridge on policies. Better still, let mixers help you make all that go away.

[Zaguru12]

So the point is, Bitcoin is not connected to other cryptocurrencies. It's us who take the decision based on bitcoin's movement. You can find many crypto moving the direct opposite direction than Bitcoin. I think that is enough proof to justify my statement. Try to research more and expand your knowledge.

Although I also agreed that bitcoin movement or trend is somehow opposed by some Alticoins but if it certainly not much. The market reacts to bitcoin movement because it is not just the first cryptocurrency but it is also the most secured one and as such many investors have this believe that if bitcoin is affected then other coins cannot survive the dump. The only few coins that oppose this are either newly launched coins with much hype and after the hype they also follow suit like the other top Alticoins and follow bitcoin.

Actually where I feel bitcoin is kind of connected to other cryptocurrencies because almost all the Alticoins except NFTs created after it are just after addressing one or two issues they feel that bitcoin is lagging. From transaction fee to block size to the mining methods used and none has been able to actual make any significant change without creating a problem too. So bitcoin is connected almost every cryptocurrency in terms of the idea behind its creation but each existing on its own on the blockchain

[justdimin]

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

What you're stating, in my opinion, is that the majority of cryptocurrencies depend on Bitcoin. I concur with you if that's what you mean. According to what we can observe in the market, whenever the price of Bitcoin takes an impulsive downward move, altcoins will follow. In other words, there won't be any altcoins if there isn't any Bitcoin.

Bitcoin is the king no doubt but we must also thank altcoins as they provide some features which Bitcoin lacks. We can diversify our funds on those alts which has a better use case like the ones you said because they will surely get a demand as well from other users and that makes it value grows. Most of the times the altcoin movement depends on Bitcoin but sometimes they can also go on its own.

There's also new alts who are independent for a while. That's right that if there is no Bitcoin, there will also be no altcoin because those altcoin developers won't get an idea but I think if BTC has more capabilities, alts won't also be a thing or let say there will still be alts but BTC will get most of the demand.

[shivansps]

Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
My favorite crypto is bitcoin..many economists across the globe have predicted that bitcoin will keep increasing it's value in the coming years.it has inspired  a revolution like no other,rapidly transforming various aspects of the global economy.it is currently the world's most popular and prominent crypto,recognized and accepted in finance ,manufacturing,real estates,healthcare,travel and retail.
It's adoption is increasingly taking shape in several critical aspects of the society.
Bitcoin works for everyone,rather than having someone at the top,the bitcoin network is based on the consensus of everyone who participates in it.
I so much love bitcoin for the opportunities it has offered the world like;
Bitcoin is permissionless
Bitcoin is immune to seizure
Bitcoin is decentralized
Bitcoin is fast and easy to use
Bitcoin provides anonymity
Bitcoin has rendered freedom,as in financial freedom.The average youth today is interested in bitcoin today not because of it's trendiness,but also to seek financial freedom.
Anyone can take up this course on bitcoin;students from various fields,upcoming engineer's,industrial experts,potential students with an open mind,e.t.c it has been the most dominating crypto for over a decade,and I don't see it stopping anytime soon.it is the most promising investment of our age,and it was not a currency for the government,it is a global currency for the people.
Bitcoin is the future!
Bitcoin is the change!!
Bitcoin cannot be stopped!!!
Cheers to all bitcoin usersBTC🥂🥂🥂

I'd like to say that bitcoin is a king of cryptocurrency. Psychologically, all other currencies are tied to bitcoin, I mean when the price of bitcoin falls, prices for other coins often fall too, because people start to worry and take their money back. Bitcoin is probably one of the most trusted currencies on the market. It is not available to everyone because it has a high price, but for those who have enough money in the long run, it can bring good profits.
Personally, I do not have a favorite cryptocurrency, my favorite is the one that brings money

[Agbe]

There was no need to asked this question because everyone knows that bitcoin is the best and any other digital currency is following it. Bitcoin is the father of all the Cryptocurrencies and second to Ethereum. Even when you see the market cap you will discovered that bitcoin is the one control the other coins in the market place. Whenever bitcoin goes down others also goes down and when it goes up they would follow as well.  Though other altcoins are also trying their best in the crypto ecosystem. Bitcoin is my best and favourable coin and not only in the ecosystem also National Currency bitcoin is the best.