Why Bitcoin and Not a better improved crypto?

[Hamuki]

It is impossible to get a new coin that will be seen as the main coin.

If you want to make a new "leader" coin, then you need to make a new algo that is good for everyone and cant be hit by ASICs and that is able to spread in the real world too instead of only having coin services accepting it as a payment method.

[ranochigo]

Bitcoin is the first cryptocurrency that ever existed. All the alt coins are basically a cheap copy of Bitcoin with poor developers and community. Bitcoin has lots of professional developers and receives the most media attention out of all the coins out there.

[Hamuki]

Bitcoin is the first cryptocurrency that ever existed. All the alt coins are basically a cheap copy of Bitcoin with poor developers and community. Bitcoin has lots of professional developers and receives the most media attention out of all the coins out there.

Darkcoin is doing good... Its doing very good...

So I would not say that all altcoins are shit, its 1% of then that has value and works, then rest is shit.

[The Chainmaker]

Right now there really isn't a good alt coin that does something useful that Bitcoin doesn't do.  

When somebody makes a new alt that is really better, well, then we can talk about it.

[koelen3]

Right now there really isn't a good alt coin that does something useful that Bitcoin doesn't do.  

When somebody makes a new alt that is really better, well, then we can talk about it.

Still it would take years for it to rise to a level to be able to par with bitcoin let alone surpass it

[Come-from-Beyond]

Bitcoin is the first cryptocurrency that ever existed. All the alt coins are basically a cheap copy of Bitcoin with poor developers and community. Bitcoin has lots of professional developers and receives the most media attention out of all the coins out there.

Have you ever heard of Ripple? All its qualities are exact opposites of what you said.

Btw, could you name at least 3 "professional developers" of Bitcoin while we are on this topic, please?

[The Chainmaker]

Right now there really isn't a good alt coin that does something useful that Bitcoin doesn't do.  

When somebody makes a new alt that is really better, well, then we can talk about it.

Still it would take years for it to rise to a level to be able to par with bitcoin let alone surpass it

Sure.  Back to the Facebook and Myspace comparison it actually took a long time (in internet years) for Facebook to supplant Myspace. 

[Q7]

The only reason I can think of is because it is virtually the first in the game or rather the original crypto. There's already a strong community build around and being the first also means you have that advantage. There are certainly altcoins with faster confirmation time or some with better anonymity but sadly the community never stays long. Due to the pump and dump scenario, people start to lose faith in alts and eventually return back to bitcoin. How I know? Yeah, I'm one of the those guys who has gone back to bitcoin.

[Come-from-Beyond]

The only reason I can think of is because it is virtually the first in the game or rather the original crypto. There's already a strong community build around and being the first also means you have that advantage. There are certainly altcoins with faster confirmation time or some with better anonymity but sadly the community never stays long. Due to the pump and dump scenario, people start to lose faith in alts and eventually return back to bitcoin. How I know? Yeah, I'm one of the those guys who has gone back to bitcoin.

Bitcoin is pump and dump "altcoin" too. After a while we all return to fiat.

[avatar_kiyoshi]

I think that a new crypto will be developed and people will use it rather than bitcoin.

So far though.. Altcoins have been complete failures.

I think because bitcoin is mother of cryptocurrency.
And altcoin is not failure because altcoin just alternative, its child of mother of cryptocurrency.

[uki]

Bitcoin is pump and dump "altcoin" too. After a while we all return to fiat.

As long as speculation and semi-/illegal businesses will be the main driving force in the growth, that is the expected long-term result.

[fildza]

I think that a new crypto will be developed and people will use it rather than bitcoin.

So far though.. Altcoins have been complete failures.

I think because bitcoin is mother of cryptocurrency.
And altcoin is not failure because altcoin just alternative, its child of mother of cryptocurrency.

Yes altcoin is alternating coin which the other type of digital coin but people still user bitcoin because already many user of it

[Come-from-Beyond]

Yes altcoin is alternating coin which the other type of digital coin but people still user bitcoin because already many user of it

Right. Some altcoins are better than Bitcoin feature-wise. Bitcoin is on the top simply because of first mover advantage which is becoming less and less important.

[Mr Tea]

I think that a new crypto will be developed and people will use it rather than bitcoin.

So far though.. Altcoins have been complete failures.

Alt coins are failures because they largely do not offer anything that bitcoin doesn't or not anything truly revolutionary despite what most of them claim. If one coin came along that was blatantly better than bitcoin it very likely would supersede it as bitcoin would become redundant very quickly. I think if this was going to happen it already would have by now but it's still possible this could happen but will just have to wait and see what the future brings. Maybe they're some geniuses out there already working on it.

[Come-from-Beyond]

I have never sold any of my Bitcoins for Fiat, I am sure there are many like me.

And you don't even regret that you had a chance to sell at 1200$ and buy back at 300$?

[uki]

Yes altcoin is alternating coin which the other type of digital coin but people still user bitcoin because already many user of it

Right. Some altcoins are better than Bitcoin feature-wise. Bitcoin is on the top simply because of first mover advantage which is becoming less and less important.

We tend to think that other people should also think 'our way', meaning they should be aware of Ripple-, Doge-, Lite-, whatever-Coin, because we here in this forum know it. I wouldn't say so, and I wouldn't overestimate the knowledge of not-crypto-related public about alternatives for Bitcoin. For now, its only about Bitcoin.

[Come-from-Beyond]

We tend to think that other people should also think 'our way', meaning they should be aware of Ripple-, Doge-, Lite-, whatever-Coin, because we here in this forum know it. I wouldn't say so, and I wouldn't overestimate the knowledge of not-crypto-related public about alternatives for Bitcoin. For now, its only about Bitcoin.

People don't care about the name, they open fancy software and use it. Guess what, with 90% chance it will be Ripple backing that soft.

[Kazimir]

And you don't even regret that you had a chance to sell at 1200$ and buy back at 300$?

Yes, just like I regret I didn't fill in the correct numbers on my lottery ticket.

Whatever, wisdom in hindsight is always easy.

I strongly believe in Bitcoin for the long term, so I'm in and I will stay in. I do not intend to *ever* sell ANY bitcoins. Instead, I just plan on actually living off them, paying all of my daily expenses, my rent, holidays, etc directly with Bitcoin. And rest assured, it's getting there sooner than people think.

[R2D221]

The reason why I think Bitcoin is and will still be the mainly used cryptocurrency, is because altcoins have been created as an alternative to Bitcoin, but Bitcoin is supposed to be the alternative to digital payments and government currency, which makes altcoins the alternative to the alternative, and therefore the chance of success for them is pretty small.

[RodeoX]

And you don't even regret that you had a chance to sell at 1200$ and buy back at 300$?

Yes, just like I regret I didn't fill in the correct numbers on my lottery ticket.

Whatever, wisdom in hindsight is always easy.

I strongly believe in Bitcoin for the long term, so I'm in and I will stay in. I do not intend to *ever* sell ANY bitcoins. Instead, I just plan on actually living off them, paying all of my daily expenses, my rent, holidays, etc directly with Bitcoin. And rest assured, it's getting there sooner than people think.

Amen brother! I've cut the cord and the only time I use other money on the internet is to buy more bitcoin. It makes credit cards seem stupid and antiquated.
"I want to buy this soda, here is my identity, credit card info, my secret number on the back; feel free to come back later and dig around in my financial data."

F that. Here is my bitcoin. Now hand me my soda.