Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: ambar33n on June 25, 2018, 09:02:06 PM

Title: What do you really mean by BTC being NO. 1?
Post by: ambar33n on June 25, 2018, 09:02:06 PM
We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1

-Store of value
-Services in addition to simple money transfer
-Convenience
-Security
_Investment/speculation
-Safe transfer speed
-Privacy
-Freedom from globalist control
Other
Title: Re: What do you really mean by BTC being NO. 1?
Post by: altery0518 on June 26, 2018, 06:34:58 PM
Quote from: ambar33n on June 25, 2018, 09:02:06 PM
We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1

-Store of value
-Services in addition to simple money transfer
-Convenience
-Security
_Investment/speculation
-Safe transfer speed
-Privacy
-Freedom from globalist control
Other

Yes, its true and that's make bitcoin advantageous to other cryptocurrency available in the market today.
Title: Re: What do you really mean by BTC being NO. 1?
Post by: ambar33n on June 26, 2018, 08:45:48 PM
But it also has a lot of disadvantages though.
Title: Re: What do you really mean by BTC being NO. 1?
Post by: ach64 on June 26, 2018, 08:51:48 PM
Apart from what your list include, we can also add the fact that Bitcoin controls and dominates the crypto market and hence we cab say BTC is no.1
Title: Re: What do you really mean by BTC being NO. 1?
Post by: emma.lee1890 on June 27, 2018, 04:14:47 PM
Quote from: ambar33n on June 25, 2018, 09:02:06 PM
We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1

-Store of value
-Services in addition to simple money transfer
-Convenience
-Security
_Investment/speculation
-Safe transfer speed
-Privacy
-Freedom from globalist control
Other
It is only recently possible to live on Bitcoin for a week. Three of the four merchants I relied on for my most basic need – food – only started accepting Bitcoin in the last month.
Title: Re: What do you really mean by BTC being NO. 1?
Post by: Habagat on June 30, 2018, 04:53:29 PM
Quote from: ambar33n on June 25, 2018, 09:02:06 PM
We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1

-Store of value
-Services in addition to simple money transfer
-Convenience
-Security
_Investment/speculation
-Safe transfer speed
-Privacy
-Freedom from globalist control
Other
I would say that bitcoin is number one in everything that you have mentioned except in privacy and transaction speed.This is something that could be discussed because is not so private anymore as is used to be at the beginning and there are some other coins that are in front of it.