Bitcoin is King

[Poker Player]

Wow! How shocking! People on a Bitcoin forum saying that Bitcoin is king!

I would never have imagined it. 

Seriously, I think it's relative. If we look at it as an asset, as something to invest in, then yes, it is king and has been king since its inception.

But on a day-to-day basis, it is cash that is king, even though it has a double side. The other side of the coin is that cash is trash because it is constantly being devalued. But the most liquid and universally accepted asset for transactions is cash, in that it is unparalleled, and that is why it also has a king side.

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[knowngunman]

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/

Thank you for sharing this. I believe majority of us especially the upcoming ones have no idea about this. Reading through the link shared, I discovered that eCash was actually the first cryptocurrency to be developed but it never achieved the level of success that Bitcoin has because eCash was not decentralized and this made it less appealing to those who were interested in the decentralization and transparency that Bitcoin offered.

Bitcoin is the king of all cryptocurrencies it goes without saying because other coins are dependent on Bitcoin but Bitcoin is not dependent on any coin. Other coins are dependent on a third party but Bitcoin is a currency that has no ownership of its own or ownership that has not yet been disclosed. So it has monopolized the highest position in the market.

Bitcoin has the longest track record of any cryptocurrency and it's the most widely known and used, this alone makes it to be the king of all cryptocurrencies. The fact that Bitcoin is the most decentralized cryptocurrency meaning that it's not controlled by any one person or group because other cryptocurrencies are often developed by companies or individuals but Bitcoin is truly decentralized and this is why majority adopt it.

[Lorence.xD]

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.

I don't think Bitcoin was the first coin in the market back then, there's already a lot of existing coins but it would eventually die. When Bitcoin existed, its worth of course started from nothing as we can remember the story of buying a pizza with a huge amount of BTC. Eventually, after a long period of time, Bitcoin has proven its worth by not only surviving for years but also by gradually increasing its value, that's why it gained a lot of attention from investors so it's widely known and used cryptocurrency. Bitcoin is the king that causes the existence of other coins as well and they took inspiration from the creation of Bitcoin. As Bitcoin increases its value or decreases, it affects most of the movement of the coins in the market.

[karabiber]

Bitcoin is often compared to gold, but there are efforts to develop a lightning network system for Bitcoin where transfers are very fast and fees are very low, but it is debatable how reliable and secure it is. If I make a positive distinction, Bitcoin is unrivaled in the unofficial transportation of commodities. For example, the Venezuelan government confiscated gold from citizens trying to flee Venezuela. However, with Bitcoin, people could easily and safely take their savings out of the country.

In terms of reserves, gold requires high costs and security measures to store and safeguard it, but because it is a physical asset, you can lose your savings in a natural disaster or war. This can also be the case with bitcoin, but bitcoin can be very securely stored in cold wallets. Another and most important feature of bitcoin is that it can be transferred and stored anonymously. In repressive and dictatorial countries, people can safely carry and store their savings in the form of Bitcoin in case their savings are confiscated. Bitcoin can be an alternative solution in countries where public order is weak. Bitcoin is not the digital gold of our time and has many options that differentiate it from gold.

[Digital_Lord]

In terms of reserves, gold requires high costs and security measures to store and safeguard it, but because it is a physical asset, you can lose your savings in a natural disaster or war. This can also be the case with bitcoin, but bitcoin can be very securely stored in cold wallets. Another and most important feature of bitcoin is that it can be transferred and stored anonymously. In repressive and dictatorial countries, people can safely carry and store their savings in the form of Bitcoin in case their savings are confiscated. Bitcoin can be an alternative solution in countries where public order is weak. Bitcoin is not the digital gold of our time and has many options that differentiate it from gold.

Also Gold has more uses as we think in the physical life, I have concluded in that bitcoin is more better than Gold because Gold has less uses in the internet banking etc., While the bitcoin has more uses in the online system.
While we think about the Gold in physical life, it has many uses especially gold mining is increasing day by day and people are using it all over the world very fast. So, comparing these two getting two different levels, each one has its own level in which it is performing. Although If you ask me about who is better I would select the Bitcoin as I love it the most.

[laurenB7742]

In terms of reserves, gold requires high costs and security measures to store and safeguard it, but because it is a physical asset, you can lose your savings in a natural disaster or war. This can also be the case with bitcoin, but bitcoin can be very securely stored in cold wallets. Another and most important feature of bitcoin is that it can be transferred and stored anonymously. In repressive and dictatorial countries, people can safely carry and store their savings in the form of Bitcoin in case their savings are confiscated. Bitcoin can be an alternative solution in countries where public order is weak. Bitcoin is not the digital gold of our time and has many options that differentiate it from gold.

Also Gold has more uses as we think in the physical life, I have concluded in that bitcoin is more better than Gold because Gold has less uses in the internet banking etc., While the bitcoin has more uses in the online system.
While we think about the Gold in physical life, it has many uses especially gold mining is increasing day by day and people are using it all over the world very fast. So, comparing these two getting two different levels, each one has its own level in which it is performing. Although If you ask me about who is better I would select the Bitcoin as I love it the most.

Frankly, both are valuable and worthwhile assets. But gold has become more stable and no longer brings great profits, gold is only suitable as a safe haven and is no longer a potential investment. Meanwhile, what most people want here is high profits, so it is understandable that people will choose bitcoin. If we choose gold, we will not have a chance to become rich, but with bitcoin, we have a chance to realize our dreams. That's why everyone here will choose bitcoin and that includes me.

[FinePoine0]

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.

Bitcoin is the king of all coins because all coins depend on Bitcoin. Bitcoin is well known as one of the most demanded coins in the market today. And the best aspect is that the transaction is completed without any third party due to which it is in high demand nowadays. Currently more popular than fiat money. Because fiat money can only be traded in that country, but Bitcoin is a coin that is in circulation all over the world (people in all countries where it is legal are using it directly). It is widely used in almost all countries of the world, both secretly and openly, so keeping money in Bitcoin is much better than keeping money in banks.

[Blitzboy]

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.

The "king" or "mother of all coins," is more than just the first cryptocurrency. The status symbol represents blockchain's pioneering attitude. Bitcoin often leads the crypto market, and when it falls, they follow. Bitcoin may not always be the best. Crypto is dynamic, and Bitcoin has first-mover advantage, but innovation is continual. Altcoins are evolutionary, each aiming to overcome its predecessors' flaws. Bitcoin's resilience and historical significance give it a unique position. More than a cryptocurrency, it represents decentralization. Bitcoin will continue to reign as long as the crypto community appreciates that idea and its revolution in cash and finance.

[Xampeuu]

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.

The "king" or "mother of all coins," is more than just the first cryptocurrency. The status symbol represents blockchain's pioneering attitude. Bitcoin often leads the crypto market, and when it falls, they follow. Bitcoin may not always be the best. Crypto is dynamic, and Bitcoin has first-mover advantage, but innovation is continual. Altcoins are evolutionary, each aiming to overcome its predecessors' flaws. Bitcoin's resilience and historical significance give it a unique position. More than a cryptocurrency, it represents decentralization. Bitcoin will continue to reign as long as the crypto community appreciates that idea and its revolution in cash and finance.

We know that most of the funds are in Bitcoin, and as if the altcoins below it are having difficulty catching up, so the movement of Bitcoin really influences the global movement in cryptocurrency, so more and more people will choose Bitcoin as the safest investment in cryptocurrency, because it is the mother of the crypto world. we can see that currently the price of bitcoin is moving up, so positive sentiment is also occurring in many altcoins, they are also following bitcoin's upward movement

[AnonBitCoiner]

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.

As we see at the past then we will realize that the value of crypto is increasing over time and the reason behind it is the success and achievement of bitcoin. There are lots of other coins originated and are originating but as powerful bitcoin is no other coin ever proves and I think it will never be possible that other coins get much curiosity than bitcoin.

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.

Bitcoin acceptance is ever increasing mechanism and due to this acceptance the price of bitcoin is increasing as year passes. Next year will be halving so hopefully more people will become acceptor of this coin. As successful bitcoin is going therefore it get the name of king among all other crypto coins. Bitcoin is so dominant that it can never be hide with the success of other coins.

[ChiBitCTy]

I agree that bitcoin is "king" in some fashion.  I think it's important to realize though that not all cryptocurrency coins are created equal.  For example Ethereum really isn't a competitor to bitcoin.  They are two different coins with two entirely different reasons for being created.  The same goes for a lot of other coins that focus on things such a NFTs/smart contract building. 

[KFC786]

Bitcoin Is a king and will always remain backbone of crypto industry because of its use case. In near future it might be the biggest asset in the world like 2100 century. Be prepared for this.

[EFS]

Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.

[rachael9385]

Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.

I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.

[Dunamisx]

Bitcoin Is a king and will always remain backbone of crypto industry because of its use case. In near future it might be the biggest asset in the world like 2100 century. Be prepared for this.

Bitcoin is going higher everyday and things continue to get better as the adoption continue to increase, there have never been anytime bitcoin had a better experience in the past, instead each day becomes a better one and we continue to enjoy and increase in the use of this decentralized digital network, some are already saying that bitcoin will soon worth a million dollars, but we are looking forward to getting there gradually, all we expect and hope for is to see the next halving to take the market bullrun to over hundred thousand dollars beating the all time high of $68,000.

[jeraldskie11]

Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.

I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.

Bitcoin never compete with other coins because it's already the number 1, and even Ethereum has no chance to surpass Bitcoin. As you can see the difference of their marketcap, Bitcoin is 3x higher of Ethereum's marketcap. That's why I agree that Bitcoin is in the level of Silver and Gold. But if you look more closely, the marketcap of silver are so stable with $1T which is very likely to surpass by Bitcoin and I think it will happen in the near future. Imagine, Bitcoin's marketcap in 2022 is just $300B and in just a year it doubles, with the current marketcap of $700B. How much more if the next halving phase is done. By the way, this is only the first time I heard they compared Bitcoin with Silver.
 

[atamism]

Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.

I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.

Bitcoin never compete with other coins because it's already the number 1, and even Ethereum has no chance to surpass Bitcoin. As you can see the difference of their marketcap, Bitcoin is 3x higher of Ethereum's marketcap. That's why I agree that Bitcoin is in the level of Silver and Gold. But if you look more closely, the marketcap of silver are so stable with $1T which is very likely to surpass by Bitcoin and I think it will happen in the near future. Imagine, Bitcoin's marketcap in 2022 is just $300B and in just a year it doubles, with the current marketcap of $700B. How much more if the next halving phase is done. By the way, this is only the first time I heard they compared Bitcoin with Silver.
 

Yes, Bitcoin never compete with the other coins. No one can surpass Bitcoin. Bitcoin is the origin of all coins and how can a new coin surpass the origin? Not even Etherium or any coin below Etherium can surpass Bitcoin. I''ve known Bitcoin for how many years and no coins even close to Bitcoin. So better not compare or compete Bitcoin to other coins, cause it is no match to Bitcoin.

[Suzume]

Yes Bitcoin is King. Bitcoin call mother coin. And we all know the value of mother. It's always our first priority. the small investor and big investor who want to invest their first choice is bitcoin. Because the currency gives you surety gain profit. The other currency don't do that investment in other currency for profit depend on your luck. The name of Bitcoin is not in famous in one day. Day by day because of its work. And give good profit of the investor makes the name huge. That's why Bitcoin is king of all coins.

[legendbtc]

Bitcoin never compete with other coins. The target was always silver and gold. Saying that it's better than other coins doesn't glorify Bitcoin, this is already something that should be. Bitcoin will catch silver first and then gold later. This will happen eventually, whether it's in 10 years or more.
Bitcoin is already in 12th place as total marketcap size. Clearly it will pass Tesla, Meta and Nvidia soon.

I have to agree with your words, because I believe it is true that a good day will come when Bitcoin will be at the highest of all in the marketcap, but I don't care whether it will be in the next ten or fifteen years.
Also, now that Bitcoin is in the range of $37,300k, it is a good time to click on the buy button and hold on to it for dear life so that if the appropriate time comes when Bitcoin has skyrocketed above all the coins on the market, we won't be so sad but be happy for it.
However, it is true that Bitcoin is not in competition with any coin because my instincts tell me that Bitcoin has a good future ahead and this is what really makes it more, especially than other coins on the market.

Bitcoin never compete with other coins because it's already the number 1, and even Ethereum has no chance to surpass Bitcoin. As you can see the difference of their marketcap, Bitcoin is 3x higher of Ethereum's marketcap. That's why I agree that Bitcoin is in the level of Silver and Gold. But if you look more closely, the marketcap of silver are so stable with $1T which is very likely to surpass by Bitcoin and I think it will happen in the near future. Imagine, Bitcoin's marketcap in 2022 is just $300B and in just a year it doubles, with the current marketcap of $700B. How much more if the next halving phase is done. By the way, this is only the first time I heard they compared Bitcoin with Silver.
 

Bitcoin is the first coin and the pioneer that created the cryptocurrency industry, the entire cryptocurrency market depends on the movement of bitcoin. So there is no reason for bitcoin to compete with any coin, only newly created coins that want attention are constantly being compared to bitcoin.

In terms of market capitalization, surpassing silver is not the goal for bitcoin, which is more comparable to gold than silver. So our goal is to surpass the capitalization of gold, not silver. It will be quite a long road because bitcoin is very small compared to gold, but nothing is impossible with bitcoin.

[Boomber]

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.

I agree with you, therefore nothing will be able to replace Bitcoin, because without Bitcoin there would be no altcoin or cryptocurrency, so Bitcoin will remain the king and be the right choice to be used as a long-term investment, that's why I always do DCA Bitcoin every time the price goes down, because I believe the price of Bitcoin will make a new ATH price again, so I will definitely get a lot of profit from investing in Bitcoin at this time.