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Author Topic: Why Bitcoin Is still above all coin in price/trading  (Read 302 times)
Sammye3
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October 29, 2026, 08:47:23 AM
 #21

A coin other than bitcoin is often referred to as altcoins and most of them lack fundamentals that give them long term valuations compared to bitcoin. A digital asset that was the first ever created should be the most valued by price, and it's limited supply of 21 million bitcoin also gives it that stability and value over a long time.

Bitcoin has a founder but not a controller, they are two different things because bitcoin is not under any central authority. Satoshi Nakamoto is regarded as the founder of bitcoin, though nobody knows for a fact who Satoshi is, and that makes it more interesting.











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Mummy OS
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October 29, 2026, 10:21:11 AM
 #22

Bitcoin is decentralized which means that their is no central authority that is controlling it and that is why so many people are investing in Bitcoin since they are guaranteed of that full privacy they need when sending money and there will be nobody that will determine if their transactions will be successful or not.

Bitcoin price is not stable at all and this is also one of the reasons why we are seeing so many investors buying and holding Bitcoin because of it  fluctuating price that can make investors to buy at different prices creating a different that can yield profits. There are more profitable investors in Bitcoin which had been attracting other people to also invest their money.
BITBI-4
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October 29, 2026, 10:26:37 AM
 #23

There are several practical reasons why Bitcoin continues to dominate the crypto market. First as the pioneer in the crypto space it has established a unique level of trust and brand value among people. Furthermore the total supply of Bitcoin is strictly fixed there will never be more than 21 million Bitcoins in existence. Unlike fiat currency which can be printed at will Bitcoin is viewed by many as an excellent hedge against inflation. Additionally the robust security of its blockchain network combined with massive investments from major corporations and institutional investors has solidified Bitcoin’s position to such an extent that it remains firmly at the top well beyond the reach of any competitors in terms of both price and trading volume.
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October 29, 2026, 10:48:18 AM
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 #24

* No founder or controller controlling it that will make it to be rear or scors in the market unlike other coin that have CEO's or MD's that control it.

You mean Bitcoin has 'no founder? Then who do you want to give Satoshi Nakamoto credit to? Or are you just tossing his contributions out the window? You are right that Bitcoin is not controlled by anyone and that is because it is decentralized, that was the aim of satoshi, to create a currency that won't be controlled by anyone but can be used as medium of exchange via p2p transaction. Bitcoin is decentralized, it has a limited supply, it uses Proof of Work (PoW), its developer is not known  which in my opinion is a great advantage for Bitcoin.

No founder or controller controlling bitcoin means that the founder of bitcoin isn't in control of the coin, context matters when trying to figure out what someone is saying so you don't misunderstand them and end up misquoting them, I'm pointing this out because I hate being misquoted my self because it's not the same thing as correcting me for my mistake.

Basically, bitcoin's entire creation worked in such a way that everyone involved (buyers, sellers, miners, holders etc) were collectively in control of the coin and when everyone is in control of something then no one is and this is why bitcoin has been and will continue to be above other coins out there currently becteven though others have tried to create something like bitcoin they've been to selfish to leave it out of their control.
Context matters, words too matters. The kind of words someone uses to convey their messages can obscure the meaning of what they intend to pass. I understand the feeling when someone misquotes you or misinterprets your intentions, I also don’t like it and that’s why we should do better in conveying our messages clearly.
Bitcoin was designed to be decentralised so everyone who owns it has control over what happens with their portion, there’s no central body in control but it is not without a founder.

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Jubilee58
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October 29, 2026, 12:29:21 PM
 #25

Bitcoin is the first cryptocurrency ever created, and remains the mist valuable cryptocurrency also. It is so because it is a scarce asset with no one in control of it , not the owner , not also the government authorities. The price increase of Bitcoin is also linked to the high volume of demand among retail investors, institutions, and government. Looking at the cryptocurrency market, I even found out their are even more limited cryptocurrencies when it comes to total supply for instance, Yearn Finance( YFI), Kusam(KSM) etc, but yet these cryptocurrencies have dumped, and remained stagnant in their growth, and that is because their demand are very low, and lacks the interest of majority of the investors. Bitcoin is always growing from strength to strength in every bull season couple with the concept of total decentralization. With the position of Bitcoin in the cryptocurrency market, I don't see any other cryptocurrency surpassing Bitcoin in the nearest future.

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October 29, 2026, 03:32:27 PM
 #26

You have discussed many reasons why Bitcoin is so expensive compared to other cryptocurrencies and people around the world have to adopt it but you still have some misconceptions about Bitcoin. For example: “Every Bitcoin has to be mined by everyone” This is not true. New BTC is created through Bitcoin mining but not everyone has to mine every Bitcoin and through this process verify transactions is secured. People can also buy Bitcoin from exchanges or other people like P2P instead of mining.

However, Bitcoin’s biggest strength is not only its high price but also its total market cap, credible monetary policy, decentralization, limited supply and network effects that have been built up over a long period of time.

The Founding Titan
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October 31, 2026, 02:08:14 PM
 #27

Context matters, words too matters. The kind of words someone uses to convey their messages can obscure the meaning of what they intend to pass. I understand the feeling when someone misquotes you or misinterprets your intentions, I also don’t like it and that’s why we should do better in conveying our messages clearly.
Bitcoin was designed to be decentralised so everyone who owns it has control over what happens with their portion, there’s no central body in control but it is not without a founder.
I agree with this, I also want to point out that context goes beyond just the meaning of a word, you need to look out for what role that word is playing in whatever sentence it was used in because sometimes a word can mean one thing but used in a way that conveys the opposite meaning after all bitcoin wasn't discovered, it was created and that automatically means it has a founder so just seeing a sentence that has 'bitcoin' and 'no founder' in it doesn't automatically mean the person is saying bitcoin has no founder.

However, Bitcoin’s biggest strength is not only its high price but also its total market cap, credible monetary policy, decentralization, limited supply and network effects that have been built up over a long period of time.
Treating bitcoin as a resource and understanding that when a resource is more valuable when it's scarce and very much in need is one of the things that shows how much of a genius Satoshi was.
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October 31, 2026, 07:57:21 PM
 #28

You have discussed many reasons why Bitcoin is so expensive compared to other cryptocurrencies and people around the world have to adopt it but you still have some misconceptions about Bitcoin. For example: “Every Bitcoin has to be mined by everyone” This is not true. New BTC is created through Bitcoin mining but not everyone has to mine every Bitcoin and through this process verify transactions is secured. People can also buy Bitcoin from exchanges or other people like P2P instead of mining.

However, Bitcoin’s biggest strength is not only its high price but also its total market cap, credible monetary policy, decentralization, limited supply and network effects that have been built up over a long period of time.

All the Bitcoin strengths you pointed out all work together to achieve one combined entity. They are different but all together makes Bitcoin. So people don't refer to them. All they say is Bitcoin. The backstory is what makes Bitcoin what it is today. The good monitory policy makes people want to use Bitcoin. The massive adoption of Bitcoin makes people trust Bitcoin. The decentralisation gives all the other strength the rule that makes them all of them who they are. All of them work together to make Bitcoin.

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October 31, 2026, 08:56:29 PM
 #29

People naturally don't trust other people and that's one of the reasons why bitcoin is as successful as it is today because there is no CEO towering over it, we all know that even if Satoshi truly came back today he will not be able to change anything about bitcoin and that level of independence won't be found amongst other coins and those who have it are simply going to be considered copies so why buy and invest in the copy when you can buy and invest in the Original.
So no, no other coins has been able to get nearly as high as bitcoin has been able to to the point where even the other coins that are considered highly when compared with all the others are still subject to price changes depending on which direction the price of bitcoin swings that day and that's why when bitcoin dips a lot of other coins DIP with it.

This is partially true. In as much as I agree that most people will not trust Bitcoin if someone is truly the owner. It is not the major reason why Bitcoin is better than every other coin out there. ETH, SOL, etc are owned by someone. We both attest to the fact that ETH and SOL are basically better than most altcoins out there. Safe to say, they are the few best alternative coins to Bitcoin in the world. The main reason is why people value Bitcoin the most is the combination of all the bitcoin properties, the features.

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October 31, 2026, 09:21:42 PM
 #30

Bitcoin as you all know be the most valuable coin in the world presently and is the coin that most people stakes higher money or capital on. As he be I don't think there is any coin that will come close to it in valuation and here is what Bitcoin has gotten that most of the coins don't have
 * No founder or controller controlling it that will make it to be rear or scors in the market unlike other coin that have CEO's or MD's that control it.
 * Every Bitcoin has to be mine by everyone no be like some coins that will be given to the CEO's before the public go start minning or being aware of it.
 *It is also the most secure network or coin around the world which is why no coin has overtaken it in valuation over a long Period because nobody they fear to invest in it so everyone put all in it on like other coins that can crash at anytime.
 And I think this make it very independent so that everyone around the world very what is Bitcoin it's power and what you can do and become if you have it in your wallet and it earns you respect if you have it .
It is the only coin that if you get anybody wey kno say u get go give you senior man respect.
Satoshi Nakamoto is the founder of Bitcoin but doesn't control it since no one knows who he is or where he is till date.

Besides that, people will give a Bitcoin holder the senior man respect because you understand the game, you understand self soverignty over centralized systems, you don't chase the pump and dump narrative and holding Bitcoin is a sign of ultimate power flex and value that is a equivalent to hard economic energy that outlast governments and cycles altogether.




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