Why Bitcoin will remain the greatest crypto currency in the world.

[kryptqnick]

The scarcity of Bitcoin is actually more reliable than that of precious metals. For one, some of such metals can be available in great number in space, but it's too early to worry about that. The thing is, they might be abundant on Earth as well, as what we have are only estimates, and we haven't fully explored our planet to assert that we know the supply of gold, for example.
I agree that Bitcoin is the most reputable cryptocurrency, and that it's currently the greatest cryptocurrency. I think it will remain #1 by market capitalization for, say, another decade, but I'm not sure about forever, as we can't predict what kind of changes might happen.

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[Questat]

The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.

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What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

21 million total Bitcoin means limited. The value of Bitcoin is not the same as gold because the total amount of gold is infinite from time to time.
Bitcoin is known as digital gold because it has value, but the scarcity of Bitcoin is not the same as gold. If the 21 million Bitcoins run out, Bitcoins cannot be printed like paper money so Bitcoins are more valuable. Gold will not run out because gold comes from nature (earth).

People's interest in investing in Bitcoin is because Bitcoin is a smart investment asset that is not complicated. Bitcoin is used as an investment asset because it hedges its value in the long term. Apart from value, Bitcoin can be used as payment globally.
It is on this basis that Bitcoin has always been above for a long period of time.

Well, that is another comparison of Bitcoin vs Gold but nothing we can do with this stuff because the value of Bitcoin is fast growing compared to Gold which makes people think that investing in BTC is more profitable. This makes Bitcoin famous to those who know it. It could be the greatest stuff at this time but not know in the coming years if there will be another great invention. In fact, some countries are also developing their own digital currency, which can possibly impact the future of Bitcoin as well.

But yes, as long as demand keeps on rising, the more it gains attention of the community bringing up their interest.

[ultrloa]

Simple because when you talk about crypto bitcoin will be the first thing will come up on the minds of people and this adds market strength to its since its like free advertising for bitcoin to be more known to a lot of people around. Also bitcoin is the one became more will known first globally so expect that there's a lot of people will get curious to know more about it since its controversial coin which a lot of people want to have it. Also the limited volume with high demand is the one makes it more interesting that's why institutional investors love to have it since they know that there's big potential for it to grow especially if those billions of people around the world will start to notice about it and demand will became higher since automatically we could able to see a huge price increase on this coin.

[Ndabagi01]

Bitcoin, after being the first cryptocurrency in the world, it has set a landmark that no any other cryptocurrency can come near to it, so it will remain the greatest cryptocurrency in the world. The day bitcoin stop to exist, no any other cryptocurrency will be able to survive it for this long as bitcoin did. Bitcoin has distinguished itself from every other cryptocurrencies and that has given it an edge over them. The decentralization, trust, security and transparency system it works on is one that cannot be compared to any and can’t be beaten by any. We cannot foresee the future but with the way market capitalization is going, bitcoin will still be the best cryptocurrency in decades to come because I can’t foresee a big change that will make it lose its dominance in the global cryptocurrency market now.

[macson]

snip

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

you explained at length lol, but one thing is certain there will be no altcoin that can replace bitcoin, the reason is simple:

• Bitcoin's limited circulation, which will always be 21 million, is this limited supply which is one of the strengths of Bitcoin's appeal.
• Bitcoin has the strongest community, which is unshakable by anything and will not move to other altcoins
• Even though Bitcoin is closely monitored in various countries, the government is definitely studying it
• Bitcoin prices are very volatile, this is a big attraction

Maybe someone can add more

[Synchronice]

The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world.
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
BTC is also decentralized no one is totally in control of it and this is the best part of BTC.
BTC will forever remain the greatest crypto currency in the world.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

It's a bold statement to say remain, especially when developers don't want to do anything new with it and in this, I mean, for example, increased block size. Bitcoin can't remain the greatest cryptocurrency in the world with 1 MB block size, it simply won't be able to handle a big number of transactions. It's also sad but Bitcoin is losing decentralization and more and more centralized entities are getting control over it. People also keen towards using centralized service providers instead of decentralized ones.

To my mind, the only thing that makes Bitcoin truly exceptional and probably the GOAT currency is that it's one of the first cryptocurrency and we don't know who created it. That's the magic that Bitcoin has and no currency will be able to copy that magic. Everything else is copyable.

[Wakate]

The total number of BTC ever to be in existence is capped at 21 million. This scarcity has made it valuable similar to precious metals like gold, silver, diamond etc. also a large number of people are interested in BTC and are also investing in it.
It has been seen that people are more confident to invest in BTC than other crypto currency in the world.
BTC is also the most generally accepted form of exchange in today's world and it has gain more popularity than any other crypto currency in the world.
BTC is the best crypto to buy and be relaxed that it won't drop to the point of you losing your money instead there's hope of it going high thereby increasing your income.
BTC is also decentralized no one is totally in control of it and this is the best part of BTC.
BTC will forever remain the greatest crypto currency in the world.

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

There is no argument about this that Bitcoin is the most expensive and valued asset in the crypto market. All we need to keep doing to buy and accumulate because it is quite profitable for us if we are ready to invest in the future. The rich are wealthy because they are ready to take risk and invest in the future. If we want to make money in the crypto market, we must be ready to put some few dollar investing in Bitcoin for us to make good amount of profits in the market. Crypto market is huge and Bitcoin value alone is worth Trillion of dollars which makes it to have the highest market capitalization.

[justdimin]

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

The fact that bitcoin is not controlled by anyone or a company, that is more than enough why people have full trust towards bitcoin and majority are considering bitcoin as the bases value of most of the altcoins in the market today.
And, Despite the fact of it's scalability imperfections, this doesn't stop people from using bitcoin even if there are alts created to fix the scalability issues of bitcoin, but because they are run by a group of people, this has created a huge difference against bitcoin.

Yeah true, it is not controlled by anyone and it is really decentralized, not fake decentralized like so many projects out there right now. I believe that we are going to end up seeing most of them not do that differently and not that well, because most of them are not really decentralized they just promote it as such but in reality they are still centralized.

Whereas, bitcoin is 100% decentralized for real and that means it will always stay at the top, plus it's the biggest and the first one so there is a factual reason to keep it at the top as well, we need a proper reason to take it from the first place and we do not have a reason like that right now, which is why it is going to keep staying at the top until we have a reason not to.

[lalabotax]

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

It's been like this from the start. Bitcoin is the greatest crypto. No one can take over his position. In fact, Ethereum, which is in second place, is not even capable. Bitcoin's market cap is currently much bigger and continues to rise. In fact, their ranking has also risen again in the global asset market cap. Especially in crypto. This is the world of Bitcoin, where Bitcoin will become a major role in the world of crypto. Will not be interested in any other crypto even though they think that their system and technology is more up to date.

[Raflesia]

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

We cannot be completely sure of something but for the next few years maybe even longer than that it will be very difficult to keep up with bitcoin in terms of movement because however for now bitcoin in its development is increasingly recognized so that there will certainly be a lot of people interested in learning bitcoin which makes bitcoin will still be alive and growing maybe even more than today.

But when saying one hundred percent sure in the end it becomes a naivety even though it may be for a certain period of time but nothing will last forever especially with the development of increasingly sophisticated technology because it could be that for a longer period of time bitcoin has unexpected competitors even though the hope for now for me is not up to that but we will not know the future so we cannot underestimate other new innovations even though bitcoin is currently the king.

[_BlackStar]

The scarcity of Bitcoin is actually more reliable than that of precious metals. For one, some of such metals can be available in great number in space, but it's too early to worry about that. The thing is, they might be abundant on Earth as well, as what we have are only estimates, and we haven't fully explored our planet to assert that we know the supply of gold, for example.
I agree that Bitcoin is the most reputable cryptocurrency, and that it's currently the greatest cryptocurrency. I think it will remain #1 by market capitalization for, say, another decade, but I'm not sure about forever, as we can't predict what kind of changes might happen.

I would say the same thing - especially about the last point. No one knows what kind of changes the future will bring to bitcoin and its community - these are all risks that must be considered. Therefore - it is not recommended for everyone to trust bitcoin 100% by investing all their assets without a reserve budget - this may change even though bitcoin is by far the most popular asset to invest in.

Legal, security, and price volatility are some of the risks that must be considered. I wouldn't dare guarantee that the price of bitcoin will stay high every year even though scarcity is one of the reasons why bitcoin is valuable. We don't have a crystal ball to predict the future - so we are just people play between risks.

[stadus]

It will remain as that and no one would be able to overtake that position for a long time. Imagine, it has been approved with ETFs all around the world and no other crypto has done that yet and that's because it's #1. It will be an asset everyone should have because it's digital gold and I agree.

BTC will remain at the top for a very long time.

Certainly yes. Bitcoin is the most trusted asset all over the cryptocurrency market, so it deserves to be the  greatest and highly profitable crypto asset in the whole universe. And to think that it has been here for more than a decade and still creating a positive progress throughout its existence, then that must be something that bitcoin has to be proud of. And as one of its solid investors, I’m loud and proud to say that bitcoin is highly an exceptional one.

[Belarge]

What are your thoughts do you believe BTC will remain the greatest crypto currency in the world.

The real world is here again and we should make good use of opportunities when offered. Just know what to do, and everything will always run smooth for one in the system. Our greatest joy is watching our portfolio growing in huge figures and non-stop to that specific figures. Cryptocurrency is a formidable space where there's existence of opportunities to explore. We should know how fierce it can be if our projects are not hitted. Bitcoin will continue to dominate, this is one of the prolong solid projects in the market.

[oktana]

What I like to think as one of the things that makes Bitcoin stand out is that while it has 21 million total supply, you do not see any where that says that a particular percentage is allocated to Satoshi. They definitely have Bitcoin which they got through whatsoever means, but at least there’s no part of the whitepaper that says a percentage of it was allocated to them because they were the creators. This really makes sense as to how there is no central authority. I am saying this because of how altcoins allocate some tokens/coins to the makers.