click here if you want to see your banner on this site

Author Topic: Bitcoin blockchain Or Bitcoin price, which makes it the top cryptocurrency?  (Read 1199 times)

kamal420

  • Novice
  • *
  • Posts: 36
  • Karma: +13/-0
    • View Profile
There is something I'm thinking though I don't know if it's right or wrong, that Bitcoin is the prime currency here, not necessarily because of its price but because of its blockchain project and being the first in the system so I'm thinking even if other cryptocurrencies price ever get higher than Bitcoin, will Bitcoin still be seen as the prime cryptocurrency? Or is the whole thing around the Bitcoin centered around its current price in the market?

bdsharminsoltana

  • Full Member
  • ***
  • Posts: 228
  • Country: bd
  • Karma: +28/-1
  • Gender: Female
  • Volentix - Decentralized Change
    • View Profile
If you're asking why bitcoin is placed as the top currency, the reasons are pretty obvious: it's because it is the first cryptocurrency ever traded with real money and its price on the market. Most cryptotraders are banking on bitcoin due to these reasons, with (sadly) its technological implications and flexibility trailing behind the price. You can also factor in the amount of money invested in infrastructures surrounding bitcoin, mainly the mining scene. Due to this, people who are knee-deep on their involvement wouldn't want to get their leverage and advantage on investments be turned to nothing. I'm sure there are a lot more reasons why people choose bitcoin over any other cryptocurrency, but these, I think, are the most probable reasons why they stick with it through the highs and the lows.
█▌                     ▐█
██▌                   ▐██
█▐█▌                 ▐█▌█
█ ▐█▌               ▐█▌ █
█  ▐█▌             ▐█▌  █
█   ▐█▌           ▐█▌   █
█    ▐█▌         ▐█▌    █
█     ▐█▌       ▐█▌     █
█      ▐█▌     ▐█▌      █
▀███████████████████████▀
  ▀█▄   ▐█▌   ▐█▌   ▄█▀
    ▀█▄  ▐█▌ ▐█▌  ▄█▀
      ▀█▄ ▐█ █▌ ▄█▀
        ▀█▄▐█▌▄█▀
          ▀███▀
.
VOLENTIX
Decentralized Change
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬  ANN
.
                ▄█████▄▄   
█▄             ████████████▀
████▄         █████████████▀
▀████████▄▄   ████████████
▄▄████████████████████████
 █████████████████████████
 ▀███████████████████████
   █████████████████████
    ▀█████████████████▀
      ▄█████████████▀
▄▄███████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀
.
                      ▄▄████
                ▄▄▄████████▌
          ▄▄▄███████▀▄█████
     ▄▄█████████▀▀ ▄██████▌
▄▄███████████▀  ▄█████████
 ▀▀▀█████▀    ▄██████████▌
       ██   █████████████
        █▄ █████████████▌
        ▐█▄███▀▀████████
         ███▀    ▀▀████▌
                    ▀▀█























▄▄███████████▄▄
▄█▀▀           ▀▀█▄
▄█    █       █    █▄
█▌    ██     ██    ▐█
█▌    █ █   █ █    ▐█
█▌    █  █ █  █    ▐█
█▌    ▀█▀▀█▀▀█▀    ▐█
▀█      ▀███▀      █▀
▀█▄▄           ▄▄█▀
▀▀███████████▀▀
.
BETA TESTER
Designed by Zpectrum
[/td][/tr][/table]

yousufatik

  • Full Member
  • ***
  • Posts: 234
  • Country: bd
  • Karma: +28/-1
  • Gender: Male
  • Btc Exchange for Everyone
    • View Profile
    • DisorderPro
The price is not a single element to determine the prime status of it. Bitcoin definitely gained momentum due to its first mover advantage of it. However, it's the utility value that makes it the prime currency. There are the people who are using it as a payment system and any other coin having high price might dominate the crypto market but it won't be a prime cryptocurrency unless there are factors like userbase and utility value to support the market cap.
                
                
                
                
                 
         ██▄       
         █████▄      
         ████████▄     
▄         ████████▄    
███▄▄        ▀█████
███████▄▄       ██
▀██████████▄▄     
   ▀██████████▄▄    
       ▀██████████▄
           ▀█████████
               ▀█████
                   ▀█
BtcEX  Btc Exchange for Everyone
We offer the most profitable and 
comfortable exchange rates for cryptocurrency
    



█▄          █████▄
▐██▄       █████████▄
 █████▄   █████████
███████████████████
 ██████████████████
  ▐███████████████
   ██████████████
    ▀██████████▀
  ▄████████▀▀


▄███████████████████▄
█████████████████████
███████████▀      ███
███████████    ▄▄▄███
███████████    ██████
████████          ███
████████          ███
███████████    ██████
███████████    ██████
▀██████████    █████▀



               ▄▄████
         ▄▄▄█████████
   ▄▄▄███████▀ █████▌
██████████▀  ▄██████
 ▀█████▀   ▄████████
    ▀█   ▄█████████▌
     ▐█ ███████████
      ████ ▀██████▌
       █▀     ▀███

Dprincebh

  • Sr. Member
  • ****
  • Posts: 477
  • Karma: +7/-0
    • View Profile
Bitcoin has been the top currency, firstly because it is the first to be ever launched, secondly first to be ever traded, thirdly, first to be ever be receive as a mean of payment
        
        ██
       █████
      ███ ███
     ███   ███
    ███ ▄█▄ ███
  ▐███ ███▌  ████▄█▀ ██████████▄
█████▀   ████████████
         ████   ████
         ███████████
         █████████▀
         ████
         ████
         ▀▀▀▀▀

Authpaper Coin
  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
▄███████████▄██████████████████  ███████████████░░░░░░░░░░░░░░░░██ ██████████████████████████████░░██
      ███████████████████░░░░░░░░░░░░░░██
      ███████████████████████████████░░██
       █████████████████░░░░░░░░░░░░░░░██
       ██████████████████████████████░░██
        ██████████████░░░░░░░░░▄▀███████████████▀▄
         ███████████████████████▄▀███████████▀▄██
         ████████████░░░░░░░░░░████▄▀███████▀▄████
       ███████████████████████████████▄▀███▀▄██████
 █████████████████████████████░░████████▄▄▄████████
███████████████████████████████░███████████████████
███████████████████████████████░▀█████████████████▀





.BLOCKCHAIN BASED SYSTEM.
.FOR DATA DELIVERY AND........
.CERTIFICATIONS......................
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██




..........WHITEPAPER..........
TWITTER
MEDIUM
GITHUB
REDDIT
SLACK
BTC TALK

Azir

  • Hero Member
  • *****
  • Posts: 947
  • Country: vn
  • Karma: +4/-0
  • Gender: Male
    • View Profile
Very simple ! It is the first cryptocurrency , It's represents all coin , when people call the name '' cryptocurrency '' . Bitcoin is the most name be called


rituvohra01

  • Full Member
  • ***
  • Posts: 225
  • Karma: +0/-0
    • View Profile
Bitcoin is the creator of the crypto world when we talk about the blockchain technology, the first name came in mind , that is Bitcoin.

josephabad23

  • Hero Member
  • *****
  • Posts: 665
  • Karma: +1/-0
  • PRIVATE FEDERATED BLOCKCHAIN
    • View Profile
There is something I'm thinking though I don't know if it's right or wrong, that Bitcoin is the prime currency here, not necessarily because of its price but because of its blockchain project and being the first in the system so I'm thinking even if other cryptocurrencies price ever get higher than Bitcoin, will Bitcoin still be seen as the prime cryptocurrency? Or is the whole thing around the Bitcoin centered around its current price in the market?
This is hard to predict but based on my analysis, there are too many altcoins out there outperformed bitcoin in terms of technology. And I think it depends on the community who they will adopt.

██████████▀▀▄▄▄▄▄▄▄▄▀▀██████████
████████▀░▄██████████▄░▀████████
██████▀░████████▀▀▀█████░▀██████
█████░░███████▀░░░░██████░░█████
████░░██████▀░░▄██░███████░░████
███░░█████▀░░▄███░▄████████░░███
████████▀░░▄████░░██████████▀▀██
█░░░░██░░▄█████░░█████▀░░██░░░░█
██████████████░░████▀░░▄████▄▄██
███░░████████▀░███▀░░▄█████░░███
████░░███████░██▀░░▄██████░░████
█████░░██████░░░░▄███████░░█████
██████▄░█████▄▄▄████████░▄██████
████████▄░▀██████████▀░▄████████
██████████▄▄▀▀▀▀▀▀▀▀▄▄██████████

           ZROCOR  -  PRIVATE   FEDERATED   NETWORK         
MOST ACCESSIBLE PLATFORM FOR SELF-ACTUALIZATION
                   FACEBOOK                         TWITTER                         GITHUB                           

██████████▀▀▄▄▄▄▄▄▄▄▀▀██████████
████████▀░▄██████████▄░▀████████
██████▀░████████▀▀▀█████░▀██████
█████░░███████▀░░░░██████░░█████
████░░██████▀░░▄██░███████░░████
███░░█████▀░░▄███░▄████████░░███
████████▀░░▄████░░██████████▀▀██
█░░░░██░░▄█████░░█████▀░░██░░░░█
██████████████░░████▀░░▄████▄▄██
███░░████████▀░███▀░░▄█████░░███
████░░███████░██▀░░▄██████░░████
█████░░██████░░░░▄███████░░█████
██████▄░█████▄▄▄████████░▄██████
████████▄░▀██████████▀░▄████████
██████████▄▄▀▀▀▀▀▀▀▀▄▄██████████


Pelanavreo

  • Full Member
  • ***
  • Posts: 146
  • Karma: +1/-0
    • View Profile
Bitcoin has many communities, from investors and miners who want Bitcoin. The price is high because of the small amount of supply and the first blockchain technology in the world.

Midz

  • Sr. Member
  • ****
  • Posts: 277
  • Karma: +9/-0
    • View Profile
Bitcoin has many communities, from investors and miners who want Bitcoin. The price is high because of the small amount of supply and the first blockchain technology in the world.

But for now it's a decline for bitcoin since it's a bad issue about crypto. And it's not just bitcoin that has been hit but all coins

FXBOX
█████████████████████
   
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
   
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
   
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
   
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
                │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
FOREXTRADING FROM $1
████████████████████████████████████████
 
███




███

██████████████████████████████

READ MORE

██████████████████████████████

███
  █
  █
  █
  █
███


Grypsy

  • Sr. Member
  • ****
  • Posts: 325
  • Karma: +26/-0
    • View Profile
I think that because many whale started to hold it at the time Bitcoin was started to trade with fiat currency, so it also helped Bitcoin has the biggest volume on the market
▄▄████████████▄▄
▄████████████████████▄
▄████████████████████████▄
██████▀    █████████████████
██████  ▄█████████████████████
██████▌ ▐███████████████████████
███████  ████████▀▀     ██████████
▐███████  ███████   ▄██████████████▌
▐███████     ███   ████████████████▌
▐███████  █████▌  █████████████████▌
███████  ██████   ████████  ▐█████
██████  ███████   ▀▀▀▀▀▀  ▄█████
█████▄▄█████████▄▄▄▄▄▄▄▄██████
████████████████████████████
▀████████████████████████▀
▀████████████████████▀
 ▀▀████████████▀▀
AZ FundChain|FINANCIAL INCLUSION 
THROUGH DECENTRALIZED MONEY CIRCLES
||
         ▄▄▄█████▄▄▄
      ▄███████████████▄
    ▄███████████████████▄
   ███████████████████████
  ████████████████▀▀▀ ▐████
 ███████████▀▀▀  ▄█▀  ██████
▐█████▀▀▀      ▄█▀    ██████▌
▐███▄▄▄    ▄▄██▀     ███████▌
▐████████ ███▀       ███████▌
 ████████▌█          ███████
  ████████ ▄▄██▄    ███████
   ███████████████▄ ██████
    ▀███████████████████▀
      ▀███████████████▀
         ▀▀▀█████▀▀▀

███████          ██████
 ▀██████        █████▀
  ███████      ██████ 
  ██▐█████    ███████ 
  ██ ██████  ██▌█████ 
  ██  █████▌██▌ █████ 
  ██   ██████▌  █████ 
  ██    ████▌   █████ 
 ████    ██▌   ▄█████▄
██████    █   █████████

         ▄▄▄█████▄▄▄
      ▄███████████████▄
    ▄███████████████████▄
   ████████████▀▀▀▀▀▀█████
  ████████████       ██████
 █████████████    ▄▄▄███████
▐█████████████    ██████████▌
▐██████████          ███████▌
▐██████████          ███████▌
 █████████████    ██████████
  ████████████    █████████
   ███████████    ████████
    ▀███████████████████▀
      ▀███████████████▀
         ▀▀▀█████▀▀▀

Barb

  • Sr. Member
  • ****
  • Posts: 282
  • Karma: +0/-0
    • View Profile
I think that because many whale started to hold it at the time Bitcoin was started to trade with fiat currency, so it also helped Bitcoin has the biggest volume on the market
Good point, and because Bitcoin has a limited supply so it’s cause this coin become more and more popularity, some people even compare Bitcoin with gold too

AdamLu

  • Sr. Member
  • ****
  • Posts: 341
  • Karma: +0/-0
    • View Profile
I think that because many whale started to hold it at the time Bitcoin was started to trade with fiat currency, so it also helped Bitcoin has the biggest volume on the market
Good point, and because Bitcoin has a limited supply so it’s cause this coin become more and more popularity, some people even compare Bitcoin with gold too
Yes, the less the supply of Bitcoin, the higher the price it will be, especially we will a halving next year where it reduces the amount of Bitcoin reward on each block mined, so Bitcoin price in next year could increase more

NguyenTuan

  • Sr. Member
  • ****
  • Posts: 308
  • Karma: +24/-0
  • PRIVATE FEDERATED BLOCKCHAIN
    • View Profile
I think that because many whale started to hold it at the time Bitcoin was started to trade with fiat currency, so it also helped Bitcoin has the biggest volume on the market
Good point, and because Bitcoin has a limited supply so it’s cause this coin become more and more popularity, some people even compare Bitcoin with gold too
Yes, the less the supply of Bitcoin, the higher the price it will be, especially we will a halving next year where it reduces the amount of Bitcoin reward on each block mined, so Bitcoin price in next year could increase more
Agreed with your thought but I think before we come to this up in the price, there will be another massive dump so that whale and shark can accumulate more Bitcoin for their own

██████████▀▀▄▄▄▄▄▄▄▄▀▀██████████
████████▀░▄██████████▄░▀████████
██████▀░████████▀▀▀█████░▀██████
█████░░███████▀░░░░██████░░█████
████░░██████▀░░▄██░███████░░████
███░░█████▀░░▄███░▄████████░░███
████████▀░░▄████░░██████████▀▀██
█░░░░██░░▄█████░░█████▀░░██░░░░█
██████████████░░████▀░░▄████▄▄██
███░░████████▀░███▀░░▄█████░░███
████░░███████░██▀░░▄██████░░████
█████░░██████░░░░▄███████░░█████
██████▄░█████▄▄▄████████░▄██████
████████▄░▀██████████▀░▄████████
██████████▄▄▀▀▀▀▀▀▀▀▄▄██████████

     ZROCOR     
  PRIVATE FEDERATED NETWORK 
CREATING THE MOST ACCESSIBLE PLATFORM
                 FOR SELF-ACTUALIZATION               
FACEBOOK  ♦  TWITTER   ♦   WHITEPAPER   ♦   ZAPPS   ♦   GITHUB
     ZROCOR     
  PRIVATE FEDERATED NETWORK 

██████████▀▀▄▄▄▄▄▄▄▄▀▀██████████
████████▀░▄██████████▄░▀████████
██████▀░████████▀▀▀█████░▀██████
█████░░███████▀░░░░██████░░█████
████░░██████▀░░▄██░███████░░████
███░░█████▀░░▄███░▄████████░░███
████████▀░░▄████░░██████████▀▀██
█░░░░██░░▄█████░░█████▀░░██░░░░█
██████████████░░████▀░░▄████▄▄██
███░░████████▀░███▀░░▄█████░░███
████░░███████░██▀░░▄██████░░████
█████░░██████░░░░▄███████░░█████
██████▄░█████▄▄▄████████░▄██████
████████▄░▀██████████▀░▄████████
██████████▄▄▀▀▀▀▀▀▀▀▄▄██████████


Barb

  • Sr. Member
  • ****
  • Posts: 282
  • Karma: +0/-0
    • View Profile

Agreed with your thought but I think before we come to this up in the price, there will be another massive dump so that whale and shark can accumulate more Bitcoin for their own
If what you’re saying become true then the market and Bitcoin will see another deep bottom soon, but I’m also afraid that if the bottom is too dip, then the market will take longer time to recover

 

Bitcoin Garden 2013-2024, All rights reserved | Privacy Policy | DMCA | About Bitcoin Garden | Support & Services