Bitcoin is King

[stadus]

Bitcoin is the primary coin, while the others are referred to as altcoins, standing for alternative coins. If Bitcoin will collapse, it could have a significant impact on the entire crypto market and probably the rest of the market will die. Although some individuals claim that their coin will replace Bitcoin in the future, history has shown that this hasn't materialized. It's easier said than done.

While it's acceptable to invest in altcoins, it's essential to ensure that a significant portion of your investment is in Bitcoin.

Trusting the original is a prudent approach.

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[Wind_FURY]

Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic?

Although you may be right, let's also take the opportunity to inform the public that it's also very dangerous to maintain the narrative that, "because Bitcoin has the highest market value = then it must be the king". Because what if a shitcoin surpassed Bitcoin's market value? Does it stop being "the king"? Personally, NO of course not. Bitcoin would still be the most robust, the most reliable censorship-resistant cryptocurrency that's doing the best job. No one could put that into debate/question.

OP, Bitcoin is definitely the KING. But it's not because of its market value.

[Russlenat]

Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic?

This poster can't even wait to post, as if there was a new signature campaign opening.   

rezerve

[BABY SHOES]

Another thread that will soon turn into a mega thread, since the statement about Bitcoin’s leadership, especially on the forum about it, does not raise any doubt. Great topic for filling your signature quota.
Is anyone ready to guess how many pages will be dedicated to this topic?

Previously there was a thread "Bitcoin is king" Bitcoin is King by Ratimov
I will not give any opinion about the advantages of bitcoin because other people must have understood it, but this is already clear in the previous thread so there is no need for another thread.

Maybe just lock this thread?

[jeha2015]

Bitcoin is the primary coin, while the others are referred to as altcoins, standing for alternative coins. If Bitcoin will collapse, it could have a significant impact on the entire crypto market and probably the rest of the market will die. Although some individuals claim that their coin will replace Bitcoin in the future, history has shown that this hasn't materialized. It's easier said than done.

Yes, that's right, many altcoins try to make the best possible technology and hope to replace bitcoin in the end in vain, even from the first start until now bitcoin's position has never been replaced in first position in coinmaketcap, many even say that ETH will beat bitcoin, in fact it can't either. . Bitcoin is the king of coins so it is impossible for a pawn to beat the king.

While it's acceptable to invest in altcoins, it's essential to ensure that a significant portion of your investment is in Bitcoin.

Trusting the original is a prudent approach.

There is no problem investing in altcoins, if you have a good and correct approach. However, our portfolio still has to invest heavily in Bitcoin.

[Smack That Ace]

Bitcoin should not be compared with any other crypto coins that are introduced later after the success of Bitcoin. Bitcoin is one of its kind and unique in that no other asset can even replicate the advantages, the decentralization, and the privacy it provides. It's literally a balance of everything and the most important unique selling point (USP) of Bitcoin is it's Bitcoin Halving System. That's some great way to reduce the supply of Bitcoin in a calculated manner.

Well, you compared BTC yourself to other coins. It has many advantages, including decentralization and privacy. You easily can compare it to other coins and say that it's better.

Without comparison, how can we know bitcoin is really the best coin and it deserves to be king? Even if it is the first coin created, but if it does not outperform later coins it will not be considered king. But to know whether it is really good or not, we need to compare to know who is the real king.

For me, as long as altcoin projects are created with the intention of selling tokens for profit, and they are not focused on utility, privacy. There will be no altcoin worthy of comparison with bitcoin.

[HONDACD125]

Bitcoin Genesis block is mined on 3rd January 2009 and after that, many Bitcoin blocks found by miners. Many developers created abundant altcoins and they are even uncountable. Coinmarketcap or Coingecko tracked not all of altcoins and many of shitcoins die after a few hours because they are created by scammers and only appear on decentralized exchanges with liquidity pools from scammers to steal money from people who want to get rich without knowledge.

After many years, Bitcoin is King.

You are absolutely right there is no doubt that Bitcoin is playing the role of king in the entire crypto currency market, because till date no crypto currency has come into existence to match Bitcoin. The first priority for anyone with capital is to invest in Bitcoin. Also, all crypto currencies have some degree of risk, but in Bitcoin, people consider their assets more secure.

People who know about the crypto currency market are well aware that as many crypto currencies as there are, people get upset if their prices fall too much, but the lower the price of Bitcoin, the more people try to buy. Bitcoin has been dominating the crypto currency market since 2009, which means that there is no competition for Bitcoin and there is no chance in the near future.

[Queentoshi]

After many years, Bitcoin is King.

You cannot be expecting an objection or an argument when this forum is about bitcoins. Many replies just affirm its kingship and for several reasons, some which are unique. But whenever there is a question about kingships and kings, it equally raises the question about Queenship and the queen and that will make people think the way of an altcoin. It will also raise the question about how long bitcoins kingship will remain because as common with most kings, they either die or power moves to another.

[robelneo]

I cannot imagine a time when Bitcoin will not be number one anymore, it's the first Cryptocurrency and has proven its worth over the years, we will be disrespecting the creator of Bitcoin if we take out Bitcoin on top of the list.

All the other creators of altcoin or copies of Bitcoin are still actively shilling their copy, so the coin they created is very much associated with their creator and has influence over it, but not on Bitcoin because Nakamoto left the scene and let the community decide its future and fate.

[bitzizzix]

Bitcoin was the first cryptocurrency created and received widespread recognition and is also the most popular among other cryptocurrencies. And it became the first decentralized digital currency, and Bitcoin became its foundation and also influenced the entire cryptocurrency ecosystem.
And other cryptos or altcoins are just alternatives or imitations of Bitcoin and this crypto can drag all other altcoins when they go down, so Bitcoin deserves to be king and become the main coin because it is very influential on other cryptos. And if Bitcoin collapses, it is certain that other cryptocurrencies or altcoins will also collapse.

[Gladitorcomeback]

Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

2) It has a solid foundation. Developers made this coin with long term vision.

3) It is a good option for current investors alao because it proved its worth in last 13 years.

Actually bitcoin is more valuable and most famous coins among all crypto coins thats why is consider as a king. The title of king is given to all those materials which are more stronger and have a power that whenever they change then they will alter the value of other things too. Just like Bitcoin when Bull or bear run initiates then as the price of bitcoin changes so in same direction the price of altcoins and other coins also changes.

Bitcoin can also be used for buying and selling of materials like that of fiat currency but other coins does not possess same ability as bitcoin. As the time passes the value of bitcoin become more dominant while other coins remain in same situation or either completely loss their higher value due to Volatility and less demand.

[Odohu]

Bitcoin is king because :

1) It was the first crypto coin. People associate crypto with Bitcoin.

Bitcoin was not the first crypto coin to appear, but Bitcoin was the first crypto coin that succeeded in capturing a lot of public attention so many people thought Bitcoin was the first. The first cryptocoin was eCash which was developed by the DigiCash company in 1990
https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/

Thanks for sharing this information. Before now, I never knew that there were cryptocurrency before the creation of Bitcoin. Now I know better and one thing that stood out is that fact that Bitcoin is the oldest surviving cryptocurrency as the others died according to the source you gage.

While not the first cryptocurrency, Bitcoin is the oldest surviving one as it was released via a whitepaper in 2008.

Base on the above, the caption is not out of place, Bitcoin still remain the king. It drives the entire market and also have wider acceptance which is still increasing everyday as seen from the Bitcoin dominance that is above 50% as of today.

[RockBell]

Bitcoin is fast leading so many long time reputable organizations now because of what it has come to offer, it's true that bitcoin contains most answers to every financial economy challenges only if we make its rightful application to where necessary, bitcoin is no longer the king of cryptocurrencies alone, but king of all currencies, it's fourteenth year achievements is far better than other currencies decades achievements because of it huge success, yet we still have a continuous adoption of this decentralized currency because it's serving beyond it intended purpose.

Since bitcoin was the first of its kind and is the best among all cryptocurrencies, no one can dethrone it as the king. As a result, I don't believe that any other cryptocurrency will be able to challenge bitcoin because it is currently the market's driving force. If bitcoin rises, other currencies will follow suit. And if you look at bitcoin, you may conclude that Satoshi predicted the future because, even before it was created, many nations saw it as a threat to their economies. Because of bitcoin achievement and potential and that is why it is always advisable to invest your money in bitcoin it can withstand any market trend compare to other cryptocurrencies that might crash during bear market, and since everyone knows the scope already when is bear you buy then when it is bull you decide what to do.

[GbitG]

Bitcoin is king because :
3) It is a good option for current investors alao because it proved its worth in last 13 years.

It is beyond doubt that Bitcoin is the best investment option. Because the one who has been the king in the crypto space is Bitcoin, and all of them believe that there is only one dominant coin in the crypto market, and that should be Bitcoin. Be it investment, privacy, or otherwise, they all refer to the same thing, and that is Bitcoin.

4. Bitcoin stands as an hedge to inflation.

It would not be appropriate to call Bitcoin an inflation hedge because, to manage the inflation of a country, you need a consistency of assets that move with the aspect of time in the same zone, min and mix ratio. So if these contexts are kept in mind, then there is no tolerance in Bitcoin to fight against the inflation of any country. Because Bitcoin is a high-volatility asset, it cannot make its price movement consistent, but how will it be able to fight against inflation? Bitcoin alone will not be enough to remove the inflation of a country, but an abslout constant thing that is not high volatility is needed. Because in Bitcoin, no one can guarantee that the price today will be the same tomorrow. Yes, it is a different thing that Bitcoin has the potential to help reduce individual inflation, but at the national level we cannot use it as an inflation hedge. The reasons have been explained above.

[Lambaz]

When Vitalik launched Ethereum, I was thinking it would give Bitcoin a chase that would give BTC a great competition but I was wrong.

[GreatArkansas]

When Vitalik launched Ethereum, I was thinking it would give Bitcoin a chase that would give BTC a great competition but I was wrong.

Yep, for me, I see no competition here Ethereum is created mainly for smart contracts while Bitcoin is for payment.
So for me, Bitcoin is really the King here or you can say Ethereum is the Queen. It's like a Bitcoin = Gold, Ethereum = Silver.

Soon we will realize all these altcoins is nothing with Bitcoin as for sure in the future a lot of altcoins will pop but Bitcoin will always stay.

[bettercrypto]

When Vitalik launched Ethereum, I was thinking it would give Bitcoin a chase that would give BTC a great competition but I was wrong.

Yep, for me, I see no competition here Ethereum is created mainly for smart contracts while Bitcoin is for payment.
So for me, Bitcoin is really the King here or you can say Ethereum is the Queen. It's like a Bitcoin = Gold, Ethereum = Silver.

Soon we will realize all these altcoins is nothing with Bitcoin as for sure in the future a lot of altcoins will pop but Bitcoin will always stay.

Correct, ethereum has never been seen as third in this industry field. He has always followed Bitcoin when the price value increases or decreases.
In addition, many altcoins have become popular under Erc20; to be honest, that means when the price value of ETH rises, for sure the other coins that are also under ERC20 will also raise their price in the market.

I noticed this recently too, though not all of it. But of course, Bitcoin will remain at the top because it is called the father of all cryptocurrencies.

[SamReomo]

Bitcoin is the king of the crypto-market without any doubt because it's the first crypto-coin which was developed by someone who isn't personally known by anyone. The genius Satoshi Nakamoto worked a lot and finally created Bitcoin and after creating it he left this forum when things were okay for Bitcoin and handle it into the hands of the developers who further improved Bitcoin.

I know that there are still those skeptical people who promote fake news about Bitcoin and they don't really know a lot about the crypto market and its king Bitcoin, and that's why due to their arrogance they promote such false things. Bitcoin is the best asset anyone can have and surely the ones who know about it fully will hold it for as long as possible and when it grows to huge values then they can sell it and enjoy rest of their life with financial freedom.

We all know that Bitcoin is the king of the crypto world but we really don't know whom to consider it's queen? Let's say after Bitcoin Ethereum has shown potential growth over the past few years and in that sense we may call it the queen of Bitcoin just for fun. But, still the king is, it was, and it will always be the one and only Bitcoin.

[Bitcoin_people]

As we know cryptocurrency mainly depends on Bitcoin, all other coins do not depend on Bitcoin. That is why Bitcoin is called the king of the crypto world, and when the value of Bitcoin increases, the value of all other coins also changes. We know most crypto currencies are proprietary they are managed but Bitcoin is the only currency that has no ownership. And while the supply of bitcoins is limited and will never increase, today all of these coins can be increased by owning and managing them. That's why Bitcoin is the highest ranking currency with the highest position and popularity.

[Assface16678]

Bitcoin will not have the title of "mother of all coins" or any other reason. I know we know why bitcoin is considered "king", "mother of all coins," or whatever title it is. It is literally because bitcoin is the first crypto currency created. Bitcoin was created using a new and advanced technology called block chain technology, so it is right that we consider this coin at the top of all coins. As we know, altcoins and shitcoins are only derived from bitcoin's technology; without bitcoin, there are no other coins.

And it is proven mostly by when other coins are affected by the movement of bitcoin: if bitcoin is bullish, then so are other coins, and vice versa; if bitcoin is bearish, then so are other coins. We can't argue with the fact that bitcoin is the leader of all coins and will eventually rein in currency, as its more advanced nature gives a lot of opportunity.