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Author Topic: Bitcoin is better than any other cryptocurrency  (Read 3129 times)
BIT-Sharon (OP)
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October 31, 2014, 07:34:58 AM
 #1

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.
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October 31, 2014, 07:37:55 AM
 #2

It is better then the other Cryptocurrencies , It is an original & unique idea Grin and I don't think someone will create something better then BTC ,at least not anytime soon

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October 31, 2014, 07:45:15 AM
 #3

It is better then the other Cryptocurrencies , It is an original & unique idea Grin and I don't think someone will create something better then BTC ,at least not anytime soon

Yes, it will be the leader and pronoun of all the other cryptocurrency, for it has the historical meaning. No coins else can take place of it.
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October 31, 2014, 07:49:40 AM
 #4

Everyone here knows it lolz  Shocked, that's why everyone's here just for BTC. Roll Eyes
So what's new and different?
What's the purpose of this thread?
To repeat the repeated sayings?   Tongue Grin

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October 31, 2014, 07:59:40 AM
 #5

It is the most secure. Talk of scenarios about how the Fed could pour money into hardware to generate a  51% attack on Bitcoin becomes less and less prevalent. But doing so to an alt would be a lot easier.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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October 31, 2014, 08:22:34 AM
 #6

It is better then the other Cryptocurrencies , It is an original & unique idea Grin and I don't think someone will create something better then BTC ,at least not anytime soon

Yes, I agree with this.
Other Cryptocurrencies are just copies of this idea and project, without wider support from the public.
Right now, bitcoin is the only Cryptocurrency with potential to become mainstream, globally accepted.

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October 31, 2014, 09:20:28 AM
 #7

I do not agree, there are many alts that have developed further upon and also have good security.
The only reason bitcoin would be better is because of the adoption rate. But with LTC and Doge you can buy a lot as well these days, probably over 100,000 merchants accept them. Bitcoin is so slow, shouldn't take 45 minutes to transfer, many coins transfer in one or two minutes. 
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October 31, 2014, 09:24:17 AM
 #8

many coins transfer in one or two minutes. 

Like Bitcoin.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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October 31, 2014, 09:28:36 AM
 #9

many coins transfer in one or two minutes. 

Like Bitcoin.

The only way to transfer bitcoin within two minutes is to hand over your whole computer.
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October 31, 2014, 10:47:19 AM
 #10

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.

You don't say, Captain Obvious  Grin. This is what us bitcoiners continually tell these altcoiners but they never listen. They just think they've missed out on the btc train and want to try get rich quick off another alt. without merchant adoption these alts will never go anywhere.
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October 31, 2014, 11:41:35 AM
 #11

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.
well, Bitcoin is the ORIGINAL idea for the whole cryptocurrency thing and others are just copies or immitations in other words, and sometimes with some innovations or changes but nothing significant YET.

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October 31, 2014, 12:08:36 PM
 #12

"Imitation is the sincerest form of flattery."
Charles Caleb Colton
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October 31, 2014, 01:23:07 PM
 #13

It is the most secure. Talk of scenarios about how the Fed could pour money into hardware to generate a  51% attack on Bitcoin becomes less and less prevalent. But doing so to an alt would be a lot easier.

They could if they wish, but that would cost them way too much money and time. For the fed the cons will outweigh the pros to do so.

And why would they want that anyway? Bitcoin at this point is not a threat, and probably will not be a threat for the fed in the future.
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October 31, 2014, 01:42:03 PM
 #14

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.
well, Bitcoin is the ORIGINAL idea for the whole cryptocurrency thing and others are just copies or immitations in other words, and sometimes with some innovations or changes but nothing significant YET.
Agree.
I thought OP didn't know about bitcoin since beginning.
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October 31, 2014, 01:56:22 PM
 #15

many coins transfer in one or two minutes. 

Like Bitcoin.

The only way to transfer bitcoin within two minutes is to hand over your whole computer.

You doing something wrong sir, all I have to do is wait few seconds after I send transaction, then I can close my wallet and power off computer. My transaction was always confirmed this way so far.

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October 31, 2014, 02:18:28 PM
 #16

Yes ---up to now. Wink
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October 31, 2014, 02:40:43 PM
 #17

many coins transfer in one or two minutes. 

Like Bitcoin.

The only way to transfer bitcoin within two minutes is to hand over your whole computer.

You doing something wrong sir, all I have to do is wait few seconds after I send transaction, then I can close my wallet and power off computer. My transaction was always confirmed this way so far.

Bitcoin sidechains will completely eliminate the needs for altcoins.

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October 31, 2014, 02:46:45 PM
 #18

Bitcoin sidechains will completely eliminate the needs for altcoins.

And is there any need for altcoins or sidechains in first place ?
I only using Bitcoin and I dont see reason to use anything else.

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October 31, 2014, 03:06:24 PM
 #19

Bitcoin is the only cryptocurrency, everything else was just to make BTC to look bad. But eventually they all fail and the BTC prevail. Cool

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October 31, 2014, 03:24:48 PM
 #20

Bitcoin will always be better as it was the first coin and is the most established.
It will remain this way for many years to come.

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October 31, 2014, 03:31:47 PM
 #21

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.
well, Bitcoin is the ORIGINAL idea for the whole cryptocurrency thing and others are just copies or immitations in other words, and sometimes with some innovations or changes but nothing significant YET.
Bitcoin isn't the orginal. It's just been the most successful, but I also agree with the post above the transfer rate on Bitcoin is atrocious. I think of Bitcoin in the same way I look at cellphones or television. If you think Bitcoin is at the forefront of crypto technology, then your head is in the sand. Bitcoin is widely accepted, because of the early investors and crypto enthuasists. Bitcoin will most like always be around as the core value base of crypto in the same way as gold was for a longtime the base of all fiat currency. Bitcoin is cryptocurrency Gold, but much like gold, it is difficult to obtain and time consuming to transfer.
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October 31, 2014, 04:09:47 PM
 #22

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.

Omg you are right. How come i did not think this by myself.  I thought second life lindens are best crypto curency. but yes out of Second life are a bit useless. It seems Bitcoin is much better.
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October 31, 2014, 04:15:46 PM
 #23

well, Bitcoin is the ORIGINAL idea for the whole cryptocurrency thing and others are just copies or immitations in other words, and sometimes with some innovations or changes but nothing significant YET.
Bitcoin isn't the orginal. It's just been the most successful

Please educate me what decentralized cryptocurrency was first then.
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October 31, 2014, 04:28:28 PM
 #24

There are no other cryptocurrencies. Their existence is an extremely temporary illusion.

There can only be one that eats the world, and bitcoin is it. When the fiat financial disaster events keep coming, it becomes a war of attrition against people's tolerance for suffering. It won't take long for them to let go of the dying system.

Everywhere on this planet, sooner or later your survival will becomes dependent on your decision, and you'll have no choice. In some places this is happening now, people are choosing bitcoin freely.


Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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October 31, 2014, 04:30:38 PM
 #25

I think the main thing here is based on the fact that bitcoin is the first cryptocurrency. We all know that Most of the altcoins are just copy of the original bitcoin codes and they offer nothing significant which is why they fail. Only bitcoin is here to stay

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October 31, 2014, 04:38:47 PM
 #26

Bitcoin is the first "real" crypto-currency  , and it is the most famous (and better) because : first come , first served .


Read this : https://bitcoin.org/bitcoin.pdf and you will know all.
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October 31, 2014, 04:40:09 PM
 #27

bitcoin is better bcoz its real innovation,big community
others are just copy of bitcoin
as we know original is always best then copy

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October 31, 2014, 05:11:05 PM
 #28

Obviously, it is the best. As it's worth the most! Cheesy
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October 31, 2014, 05:19:59 PM
 #29

yes it is
bcoz it is widely accept and base of all currencies
also it is real cryptocurrency that introduced us the world of crypto currency
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October 31, 2014, 05:24:32 PM
 #30

With all the scams out there, Bitcoin and a few select others are the only ones to be trusted.  If things continue as they are, Bitcoin will be all that is left.
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October 31, 2014, 05:34:22 PM
 #31

Bitcoin sidechains will completely eliminate the needs for altcoins.

And is there any need for altcoins or sidechains in first place ?
I only using Bitcoin and I dont see reason to use anything else.

I see potential for sidechains to test new technologies and code changes.  To kill off altcoins for good would be great too.  I know there are problems with sidechains but that is just my sound bite level knowledge talking.
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October 31, 2014, 06:47:08 PM
 #32

It took some people 3 days to realize this, while some others 3 years

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October 31, 2014, 07:43:17 PM
 #33

many coins transfer in one or two minutes. 

Like Bitcoin.

The only way to transfer bitcoin within two minutes is to hand over your whole computer.

Not true.. I could hand you the private key to my wallet.
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November 01, 2014, 06:18:52 AM
 #34

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.
I do not agree. Bitcoin 2.0 will be better than bitcoin  Cool Grin Grin
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November 01, 2014, 06:30:46 AM
 #35

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.
I do not agree. Bitcoin 2.0 will be better than bitcoin  Cool Grin Grin

Bitcoin 2.0 ? interesting , but not in 2015  maybe after 2030.
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November 01, 2014, 07:11:21 AM
 #36

many coins transfer in one or two minutes. 

Like Bitcoin.

The only way to transfer bitcoin within two minutes is to hand over your whole computer.

Not true.. I could hand you the private key to my wallet.
Also not true. You could simply send a TX to someone with a proper fee and two minutes later the recipient will have been reasonably certain that the TX will confirm for ~1 minute 55 seconds.
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November 01, 2014, 07:20:36 AM
 #37

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.
true, and specifically to bitcoin I've had bad experiences with it. when I had long been collecting LTC faucet in one of their biggest. I see they have sold the site before I had time to draw, and that without any notice at all.
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November 01, 2014, 07:41:20 AM
 #38

Bitcoin is currently better then any other alternative because there is so much more attention, spread, distribution and public recognition of its idea more than others.

It will not remain that way forever if new players enter. I might take 1 year, or 3. Bitcoin will not be the king forever.
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November 01, 2014, 01:06:28 PM
 #39

Yes, its better because of the hugantic hash difficulty behind the scences.
It's like a big endorsement by goverment in fiat currency.
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November 01, 2014, 02:42:54 PM
 #40

Different cryptocurrenies have different strengths and weaknesses. Bitcoin, however, has the edge of larger customer base and high acceptance level.  Cool
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November 02, 2014, 05:43:54 PM
 #41

The others coins are for those who didn't have the luck to buy bitcoins when his value was low, the unique and original is the BITCOIN and nothing else. The rest is imitation also I don't deny that allows to get money.

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November 02, 2014, 05:46:12 PM
 #42

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.

It is a good way to use only one currency like bitcoin, because my opinion is that every store and every company would accept only one cryptocurrency and not other.
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November 05, 2014, 07:10:50 PM
 #43

It'd be interesting if btc ever get taken over =\

$ADK ~ watch & learn...
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November 06, 2014, 05:38:40 AM
 #44

awsem Bitcoin is currently better then any other alternative because there is so much more attention,
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November 06, 2014, 08:03:40 AM
 #45

Bitcoin is original and creative at present, so your idea is right, for now
but in future, it's hard to say.
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November 06, 2014, 08:20:03 AM
 #46

I think we all have this settled bitcoin is the foundation those alts are build on nothing special about em
but after bitcoin litecoin holds the place because of it's acceptance about doge i still think of it as a meme.
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November 06, 2014, 12:06:40 PM
 #47

It is the best of course.
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November 06, 2014, 12:14:29 PM
 #48

Bitcoin is better than any other cryptocurrency for a simple reason that other cryptocurrency such as Litecoin and Dogecoin could hardly be used to purchase for retail commodities even if they are accepted by the dealers. And they are usually used for investment or storage value.

why would they be "hardly to be used"? 

all 3 coins you mentioned are the same. If is hard to use one of them, then is same hard to use other.
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November 06, 2014, 12:35:48 PM
 #49

Bitcoin has been in the news a ton and it's possible to mine it on your Mac. But unless you purchase dedicated mining hardware (which is expensive) Bitcoin mining isn't cost-effective. A better choice is Litecoin.
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November 06, 2014, 02:27:53 PM
 #50

i dont think bitcoin is better than this: https://medium.com/@xtester/the-new-economy-movement-fb9bb67eb9fe

everyone says nothing better will come from alts "any time soon".

when people said that a year or two ago it may have been true but not anymore.. that time has come.

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Daniel91
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November 06, 2014, 02:49:32 PM
 #51

I agree that bitcoin, at that moment, is better than any other cryptocurrency.
Many people already know about bitcoin, or investing in bitcoin, or buying bitcoin as investment, or buying/selling digital products with bitcoin...
But, this can change very easily if bitcoin don't become mainstream and widely accepted by ''big'' merchants in a next a few years.
In this case, it's possible that many bitcoin users will loose their patience, start selling bitcoin, and move to other, more promising crypto currencies.

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November 06, 2014, 04:30:49 PM
 #52

The best and only true is Bitcoin.
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November 07, 2014, 04:26:37 PM
 #53

My favorite is the bitcoin!
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November 07, 2014, 04:31:50 PM
 #54

Bitcoin is the winner hands down.


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November 07, 2014, 04:34:10 PM
 #55

It is the most secure. Talk of scenarios about how the Fed could pour money into hardware to generate a  51% attack on Bitcoin becomes less and less prevalent. But doing so to an alt would be a lot easier.
Correct.

http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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