Is Bitcoin Better than other Cryptocurrencies?

[Luckyperson21]

Yes, in any case, bitcoin is the best coin of all cryptocurrency. From price, technology, bitcoin is more than any other altcoin. Not only that, payments on various products have used bitcoin.

[Altcoin1998$]

Obviously bitcoin is the best cryptocurrency than the others cryptocurrency. In the cryptocurrency Kingdom bitcoin in the cryptocurrency king and others cryptocurrency are soldiers in the cryptocurrency Kingdom. About 65 percent market is dominated by bitcoin and Ethereum. So undoubtedly we called bitcoin as king coin.

[DogeTalk]

Bitcoin was earlier known and made bitcoin more prominent in the market. People trust more to invest and hold bitcoin when the market is down. But I see there are some interesting altcoins besides bitcoin.

[mlawson71]

It's a bit of a hen and egg situation - bitcoin was the first cryptocurrency and therefore it gained a lot of popularity. People trust it more because it's so popular, but it's also so popular because people trust it.

[Nestle]

Bitcoin is only the basis of crypto prices. Bitcoin has an important effect for the rise and price of altcoin. That's what I learned so far and why bitcoin is very influential in the market.

[mlawson71]

I agree. I do not think that will change anytime soon too.

[zombieroadie]

Of course, BTC is the most popular currency and it's gained a great reputation, but technically it's not better than other currencies. Here you have an article explaining why altcoins can be better than BTC, hope it helps you understand my point: https://criptointercambio.com/blog/en/markets/invest-in-altcoins/

[mlawson71]

That's pretty interesting to learn, thanks!

[Senin]

Bitcoin was the best ten years ago. Now it is already largely behind in development from other types of cryptocurrencies. Its popularity is based on the history of rapid price growth. As soon as there is no such growth for a long time, pink glasses will disappear in many. To remain a leader, Bitcoin must constantly improve and be competitive. This is not our whim, this is the law of the market and it is impossible to change it.

[tervel]

Apps and developers that are helping to facilitate mass use of bitcoin are simultaneously helping secure the future of Ethereum and other digital currencies as well.So BTC are better than the rest.

[kevinjulio]

Bitcoin is still the best coin when compared to other altcoins. Bitcoin is still growing and many big companies accept Bitcoin. There is even a football team in England that uses Bitcoin sponsors.

I suppose this is a real form of Bitcoin development. And if talking about Altcoin of course they also follow the changes that happen to Bitcoin.

[mlawson71]

Haven't altcoins grown a lot more than bitcoin did last year?

[tervel]

During altcoins bullish periods like the one observed between December 2018 and March 2019, the correlations between the top currencies and Bitcoin are stronger across all cases.

[mlawson71]

That's actually a very good point, thank you for pointing it out!

[Amir77]

I’m not sure if it's the best in every aspect. But in terms of price and trading, bitcoin is the one crypto the rolls the biggest price plus altcoins are affected also by the cost of bitcoin. Some countries also already accept bitcoin, but you know, bitcoin is such a big currency. That’s why it’s best to have other altcoins applicable for daily use (you know if my wish ever gets real)