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Author Topic: Is Bitcoin Better than other Cryptocurrencies?  (Read 33097 times)

Offline spencerarcher

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Is Bitcoin Better than other Cryptocurrencies?
« on: January 04, 2020, 10:17:16 AM »
As the titles suggests there are many Cryptocurrencies in the market and does Bitcoin stand out in front of all of them or there are other which are better or at least equal to Bitcoin and also since the Bitcoin price keeps on changing a lot, I was wondering...

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Is Bitcoin Better than other Cryptocurrencies?
« on: January 04, 2020, 10:17:16 AM »

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #1 on: January 04, 2020, 10:50:13 AM »
When you talk about price and adoption, then no doubt that bitcoin is by far the best cryptocurrency in the world. But when you talk about functionality, it's a well-known fact that many altcoins are superior in some aspect.

In the TPS department for example, transactions in the bitcoin blockchain can be considered as a man walking while Altcoins are compared to a man sprinting (probably not a good comparison but I hope you get the point). You can also take into account the fees, scalability, privacy and anonymity. But none of these altcoin blockchains can prevent a 51% attack like the bitcoin blockchain though.


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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #2 on: January 04, 2020, 11:44:52 AM »
If you are talking about technology and development, there are also some cryptocurrency that have a better usecase in their own way but in terms of decentralization and popularity then no doubt that bitcoin is on top ahead of them all. Thats why bitcoin dominance is as high as ever.

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #3 on: January 04, 2020, 02:04:34 PM »
If Bitcoin is not made, will there be altcoin?
Bitcoin is known for its blockchain technology, this technology continues to be developed until now, because of that we can see many altcoins that have almost the same ideas but provide convenience and speed in every transaction.
there are always differences, but they still have almost the same goals
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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #4 on: January 04, 2020, 02:18:00 PM »
Judging by the profit in money terms, it most likely is, Bitcoin brings the most profit to its investors, and speaking about technologies and opportunities, I think there are already other cryptocurrencies with technologies and capabilities better than Bitcoin.
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Offline OptimusPrime

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #5 on: January 04, 2020, 08:52:31 PM »
Bitcoin currently is better because no cryptocurrency can do without it. Many cryptocurrency are dependent to bitcoin and Ethereum. Except for very few cryptocurrency that don't depend on bitcoin
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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #6 on: January 04, 2020, 11:42:50 PM »
Bitcoin is number one coin, because Bitcoin is a Cryptocurrency coin that was first born and has the highest value, but for bitcoin transaction speeds are still outdone by some other Crypto coins, even the very expensive fees on Bitcoin make many people choose other coins.

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #6 on: January 04, 2020, 11:42:50 PM »


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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #7 on: January 05, 2020, 01:22:50 AM »
Of course bitcoin is the best cryptocurrency in the coinmarketcap. Bitcoin dominates over 70 percent of whole coinmarketcap. Bitcoin price is gradually increasing in the starting point of 2020. Many experts say bitcoin will create its 3rd halving in current year 2020 may be.
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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #8 on: January 05, 2020, 02:53:57 AM »
That's true, we should rally for Bitcoin then everything will follow, you can hype all the coins, all you want but if Bitcoin price is not moving then it's not going anywhere, everything still depends on Bitcoin, you can see the market now all coins are down, with Bitcoin dominance very obvious, altcoins will have a hard time with their prices, it's new year quite painful to see on the first day of the year that market is bleeding still.

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #9 on: January 05, 2020, 03:24:32 AM »
For now its true. Bitcoin is the most famous and useful cryptocureency and many will agree to that. I'm seeing the potential of ethereum this year to compete with it as one of the famous dApp in the cryptocurrency. I know many projects affiliated by ethereum and so far only tron and eos are matching up with them.
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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #10 on: January 05, 2020, 04:15:08 AM »
no doubt bitcoin is the first coin and difficult to replace, in terms of price alone is far for altcoin no 1,

if you compare altcoin with one another it might be seen which is good and can be replaced

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #11 on: January 05, 2020, 04:51:03 AM »
There are other valueable cryptocurrency is just that bitcoin has grown in terms of price value, so for me bitcoin is not the only better cryptocurrency in the market, there are other ones coming up also.
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.      BUY EGO      .

Offline WhiskeyHoney

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #12 on: January 05, 2020, 05:14:08 AM »
Bitcoin is no better and no worse than other cryptocurrencies. Personally, I invest in the first 10 cryptocurrencies from the top.

Offline Octoalts

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Re: Is Bitcoin Better than other Cryptocurrencies?
« Reply #13 on: January 05, 2020, 12:59:13 PM »
As the titles suggests there are many Cryptocurrencies in the market and does Bitcoin stand out in front of all of them or there are other which are better or at least equal to Bitcoin and also since the Bitcoin price keeps on changing a lot, I was wondering...

Of course, Bitcoin is the best Crypto coin to date. I say this because Bitcoin is the parent of all existing Crypto coin, even the change in the price of Bitcoin has always been the benchmark of most Crypto coins that exist today.
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