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Author Topic: The need for Bitcoin in cryptocurrency  (Read 7834 times)

Offline Paglamon

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Re: The need for Bitcoin in cryptocurrency
« Reply #45 on: June 25, 2021, 09:21:35 AM »
Bitcoin can control the cryptocurrency market. I think this coin is great in the cryptocurrency market. Bitcoin currency transactions around the world are much higher than other coins. As the price of more bitcoins continues to turn to green candles, the prices of other coins turn to green candles. So I think bitcoin is the most important thing in the world. The number of Bitcoin users is constantly increasing.

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Re: The need for Bitcoin in cryptocurrency
« Reply #45 on: June 25, 2021, 09:21:35 AM »

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Re: The need for Bitcoin in cryptocurrency
« Reply #46 on: June 25, 2021, 04:22:32 PM »
Bitcoin  is a decentralized digital currency that can be transmitted from user to user on a peer-to-peer bitcoin network without the need for an intermediary, without a central bank or a single administrator. Transactions are verified by a network node via cryptography and recorded in a publicly distributed ledger known as a blockchain.  Cryptocurrency was discovered in 2008 by people from an unknown person or group using the name Satoshi Nakamoto.  Currency began to be used in 2009 when its implementation was published as open source software. Bitcoin is currently the mainstay of the cryptocurrency market. Without bitcoin, cryptocurrency cannot be imagined at present.

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Re: The need for Bitcoin in cryptocurrency
« Reply #47 on: June 28, 2021, 09:53:28 AM »
Bitcoin is the king of all coins in the cryptocurrency Pumping jumps the price of all other coins with the value of bitcoins.This shows the need for bitcoin in cryptocurrency.Bitcoin will control the whole world at some point. Bitcoin has gained immense popularity in a very short time The importance of cryptocurrency Bitcoin is immense.
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Re: The need for Bitcoin in cryptocurrency
« Reply #48 on: June 28, 2021, 07:55:14 PM »
Bitcoin average electricity consumption for the year. Since the drop  in Bitcoin’s energy consumption has since fallen by over Bitcoin, so too will the network’s immediate impact on the environment.

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Re: The need for Bitcoin in cryptocurrency
« Reply #49 on: August 19, 2021, 08:54:19 PM »
We know that Bitcoin is one of the most popular coins in cryptocurrency. Cryptocurrency All other coins are fairly dependent on the value of the bitcoin. This means that the price increase or decrease of bitcoin has a lot of effect on other cryptocurrency markets.So I think there is a lot of need for Bitcoin in cryptocurrency.
It's not obligatory. The cryptocurrency market continues to develop rapidly and it is possible that the time will come when Bitcoin will lose its high capitalization and price dominance over altcoins. After Bitcoin, there will no longer be one such leader. Now we can see that only ethereum broke away from other types of cryptocurrencies in terms of capitalization and price dominance. But over time, the best coins will still catch up with ethereum, since new coins often copy the best ones and only add something of their own. Therefore, many coins now have a lot in common with ethereum.

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Re: The need for Bitcoin in cryptocurrency
« Reply #50 on: August 21, 2021, 06:15:13 AM »
Because BTC is the first cryptocurrency created, the king of the crypto and this is the one that has the greatest volume, market cap, and value

Yeah, I agree.
So far no one can overthrown Bitcoin even on its deepest moment. It is one of Bitcoin character to trigger and influence the market ecosystem. Bitcoin dominance matters.  ;)

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Re: The need for Bitcoin in cryptocurrency
« Reply #51 on: August 21, 2021, 06:19:38 PM »
We know that Bitcoin is one of the most popular coins in cryptocurrency. Cryptocurrency All other coins are fairly dependent on the value of the bitcoin. This means that the price increase or decrease of bitcoin has a lot of effect on other cryptocurrency markets.So I think there is a lot of need for Bitcoin in cryptocurrency.

Of course, bitcoin is always be the centre of crypto currency. If you talked about need for bitcoin, I think It's true.
the price of bitcoin depends on demand and supply of bitcoin.
So, if the need of bitcoin will have effect of bitcoin price.
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Re: The need for Bitcoin in cryptocurrency
« Reply #51 on: August 21, 2021, 06:19:38 PM »


Offline Master107

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Re: The need for Bitcoin in cryptocurrency
« Reply #52 on: August 23, 2021, 08:26:06 PM »
Of course, bitcoin is always be the centre of crypto currency. If you talked about need for bitcoin, I think It's true.
the price of bitcoin depends on demand and supply of bitcoin.
So, if the need of bitcoin will have effect of bitcoin price.

Bitcoin is necessary in the whole cryptocurrency ecosystem. Taking it off will make crypto world to the grave (exaggerate but possible). What crypto should lead then?

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Re: The need for Bitcoin in cryptocurrency
« Reply #53 on: August 24, 2021, 09:08:13 PM »
Bitcoin has become the world's most famous cryptocurrency, it can also be called the backbone of crypto. Meaning bitcoin is the pivot of all cryptocurrency.

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Re: The need for Bitcoin in cryptocurrency
« Reply #54 on: August 29, 2021, 11:59:46 PM »
Bitcoin is the first crypto coin, it has a big role in crypto market. So, it is normal if it influences all crypto coins values. Bitcoin has also become the most pairing crypto coin in crypto exchanges, so when the price dropped, other crypto coins dropped as well. Bitcoin plays a big role until now and seems to continue like this forever. Bitcoin is like the mother of all crypto coins.
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Offline mlawson71

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Re: The need for Bitcoin in cryptocurrency
« Reply #55 on: September 09, 2021, 04:46:43 PM »
I think just because it was the first and is currently the most popular coin it will stay that way forever. You never know when or whether something bigger or better would come along.

Offline legend45

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Re: The need for Bitcoin in cryptocurrency
« Reply #56 on: September 15, 2021, 08:58:59 AM »
We know that Bitcoin is one of the most popular coins in cryptocurrency. Cryptocurrency All other coins are fairly dependent on the value of the bitcoin. This means that the price increase or decrease of bitcoin has a lot of effect on other cryptocurrency markets.So I think there is a lot of need for Bitcoin in cryptocurrency.

because almost all.of crypto currencies are pairing to bitcoin.
So if bitcoin price increases, altcoins will increase too.
Thats normal, because As many people said, bitcoin is the King and always be followed by alcoins.
It's crypro currency market.

Offline de_prof

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Re: The need for Bitcoin in cryptocurrency
« Reply #57 on: September 15, 2021, 03:33:50 PM »
We know that Bitcoin is one of the most popular coins in cryptocurrency. Cryptocurrency All other coins are fairly dependent on the value of the bitcoin. This means that the price increase or decrease of bitcoin has a lot of effect on other cryptocurrency markets.So I think there is a lot of need for Bitcoin in cryptocurrency.

Need bitcoin at crypto currency, the reason why because bitcoin is the king of crypto currency and be paired by almost all of cryprto currency.
Bitcoin is always be the biggest... So altcoins just follower.
thats my opinion.
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Offline pacar_tiri

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Re: The need for Bitcoin in cryptocurrency
« Reply #58 on: September 22, 2021, 01:43:20 AM »
We know that Bitcoin is one of the most popular coins in cryptocurrency. Cryptocurrency All other coins are fairly dependent on the value of the bitcoin. This means that the price increase or decrease of bitcoin has a lot of effect on other cryptocurrency markets.So I think there is a lot of need for Bitcoin in cryptocurrency.

The reason why bitcoin is trend centre, I think bitcoin is the King of crypto currency and many coins are pairing in bitcoin.
So, the crypto currencies value will depend on bitcoin.
Thats the fact.
every bitcoin down, we will see altcoins are going down.

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Re: The need for Bitcoin in cryptocurrency
« Reply #59 on: September 29, 2021, 11:33:05 PM »
Bitcoin is like the mother of all crypto coins, it has a big role in crypto industry. I cannot imagine if there is no Bitcoin in crypto space, it means probably we cannot see altcoins today. Bitcoin makes many developers start thinking to have their own altcoins, it is inspired by Bitcoin. You must be aware if we have no Bitcoin, we may have no altcoins.
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