Is Bitcoin the Only Genuine Crypto?

What do you think, is Bitcoin the only legit crypto out there, especially since there’s no proof that it's a scam? Every day, it feels like hundreds of new "projects" pop up in the crypto world, but most of them are just scams or fishy in some way. Honestly, it seems like everything besides BTC comes with some kind of sketchy stuff attached to it. Even ETH has had its fair share of questionable moments. And let’s be real, NFTs are pretty much over. But Bitcoin is still hanging in there. What’s your take on this? Do you think BTC is still the only real crypto? Why or why not?

Crypto is crypto. Bitcoin is Bitcoin. Crypto is wider than Bitcoin as it includes altcoins. Most altcoins are shitcoins. They are shitcoins, but they are coins. Coins are crypto if they have blockchains for transactions.

There is only one bitcoin. There are many blockchains. There are many crypto tokens.

This kind of perspective suggests criticism, It currently occupies a place that is beyond doubt, Bitcoin has not cheated anyone so far or there is no evidence of it, If you lose money after buying Bitcoin and the price drops and you feel like a failure, then you need to know a lot about Bitcoin, including knowledge about staking and decentralization. There have been some hacking problems and restrictions on some exchanges and security reasons, but its basic system or unregulated operations have never been cheated and will never be, and it has now become an asset that people are starting to understand. If you have knowledge of economics, politics and the basics of Bitcoin, you will understand that this is not a simple matter, but rather a golden opportunity to become a people's power and independent economy where your own money is involved in your own banks and the globalization system.

Other coins and projects being scams or shitty projects does not stop them from being crypto. As long as a project is secured by cryptography, that makes it crypto. Bitcoin is not the only crypto, even though it is the only crypto that is trustworthy. Usually, when talking about all crypto in general, it will help to say "Bitcoin and crypto". This doesn't mean Bitcoin is not crypto, but it just creates a sense of separation between Bitcoin and other crypto projects. Bitcoin should always be separated when talking about crypto in this context, so people would understand that Bitcoin is different from the rest. But other cryptos are still real. And yeah, Bitcoin is the only crypto that can function easily as a currency and as a store of value, and a long-term asset

Crypto includes bitcoin and altcoins. The three are the same, only the names and classifications differ. Fundamentally, they are the same, which is digital currency that uses cryptography technology. The difference may only be in terms of contracts and types of blockchain. Bitcoin is called bitcoin because it is believed to be the first successful coin (although there were other coins that existed). Meanwhile, altcoins are crypto products that have their own blockchain. There is also a classification of tokens; tokens exist on main blockchain networks, for example, the ETH Blockchain is used for tokens like LINK, AAVE. Basically, the current situation changes the perspective. Bitcoin was originally created as a means of transaction, whereas the current condition is contrary to state regulations. Hence, its development nowadays has turned everything into a trading commodity with the goal of profit and money. IMO CMIIW

It can't be removed anymore that when you talk to someone who's not yet into crypto saying about crypto, the first thing they'll think of is Bitcoin. That's the description of crypto for them although there are gazillions of these altcoins today. Bitcoin is the actual crypto that everyone knows. And for so many altcoins, the point of view with most of them cannot be removed anymore that there are only few legit of them then the rest are purely scams that are swindling investors money and they'll just do a pump and dump scheme.

Isn't this why we have coin marketcap rankings? Bitcoin been the 1st clears every doubts and misunderstanding in this discussion, now let's say that another coin takes over Bitcoin, will you say the coin is no more crypto? Every single Blockchain projects are all crypto, Bitcoin is just the more favourable because it did something that no other project has done. Some people will say that a coin has faster transaction speed, that's true, but that's not a solution to real world problem. Having total control over your assets is something that alternative coins can't do, Bitcoin is the only crypto project that makes this work very well, another good part is Decentralisation.

Of course, you are on a Bitcoin forum with an Altcoin section so the vast majority of us will agree with that! This has been talked about before, what really highlighted this was the ICO era in 2017 in where projects were launched promising disruption or not but turned out to be another pump and dump scheme. Are you expecting that to change soon? it almost sounds like Bitcoin could go the way of all the thousands of $hitcoins over the years One of the biggest factors which other Altcoins dont have is that its truly decentralised, there is no board of management, CEO, CFO or anyone who is controling the supply of coins.

Bitcoin is not the only cryptocurrency that exist, must make sure that we emphasize on being the first to ever exist, also, there are many other advantages in which we can get from Bitcoin and other currency cannot give us, bitcoin stand the best of all in cryptocurrency because it was the initiator wild others follow after it as pirates, what we needed is decentralization and bitcoin has this, even when you combine the entire altcoins together, you cannot form half of what bitcoin is, this mean a lot to those that understand it.

You decide what's real crypto for you, buddy. Just do your research properly

When something delivers honesty like promised people will keep going back for more,  in today's world been sincere and truthful is very scarce, it's also the same thing that's affecting crypto space as a whole. Bitcoin did all it promised, nothing was erased from it's utility, you think people won't keep trusting it more than anything else? Bitcoin was created and made finished, it's forever sealed with it's utilities, other coins can't do the same. Bitcoin don't chase clout, AI is out for how many years now? Have you ever seen Bitcoin dot com trying to rob AI hype? Bitcoin remains the same forever, fully decentralised Blockchain system, others can't keep true to their words.

Bitcoin is real and you only have to make it a reality by knowing what to do in it, when you choose bitcoin and don't know what to do, you will be prone to making mistakes, which may cost you, because I have learned one thing about people whenever they are trying to take an investment opportunity, they tend not to go for what they know instead what they think will give them more profit by being too smart in their own eyes, lack of information will cost us more than it will pay us, except we are aware of during the right thing for maximum output.

Bitcoin stands out among the thousands of other coins in the crypto space. There are countless cryptocurrencies. Bitcoin is abbreviated as BTC. The rest are all altcoins, or cryptocurrencies. Projects launched in the crypto space are well-packaged to attract a lot of interest, but you have to be careful not to end up regretting it, because among the many new projects launched, only a few succeed in gaining a large following in a mutually beneficial way.

Yes. Bitcoin will remain the only true cryptocurrency because it is the mother of all existing cryptocurrencies. Of the many cryptocurrencies, only Bitcoin can be used as a Store of Value. Bitcoin will also be an asset due to its limited supply and it has also achieved high institutional adoption ETF, companies and even some countries have designated Bitcoin as their national reserves. So, it could be said that Bitcoin dominates adoption perhaps 80% of crypto investors hold Bitcoin as their primary asset. Furthermore, Bitcoin will remain the only true cryptocurrency because it significantly influences the market. By this, I mean that BTC price movements often influence the entire crypto market, in other words the "Bitcoin leads the market" effect. Although many altcoins have emerged with advanced features, Bitcoin remains the primary anchor in the crypto world.

Why exactly? You are counting numbers instead of what really matters. Cryptocurrency includes Bitcoin and altcoins. But Bitcoin is not an altcoins. I think there was a thread I read one time which teaches about these differences from coins and tokens. Bitcoin has gained more adoption and popularity than all other coins to eve be create. That's because aside from it not been fully private, Bitcoin solves all other problems the fiat system couldn't. Other coins are just like shred portion of Bitcoin some claims to be decentralized but not really, they still have some central authority behind them.

Yeah I agree Bitcoin is still the most trusted and leads the market. I wouldn’t say it’s the only real one, but a lot of altcoins are questionable. Even in things like bitcoin betting, people usually stick with BTC because it feels more reliable.

The appropriate title would be,"Is bitcoin still the only decentralized cryptocurrency?". Bitcoin proved it on many occasions when everyone thought, okay this is it and bitcoin is going to zero, but every time the bitcoin recovered, and it make into the headlines, so yeah, bitcoin is the best option out there for anyone if they want to have it. But who am I to tell them to not to buy any shitcoin, probably they don't hear what others says anyway.

As compared to Bitcoin, those 100 can really be scamming projects because they are being controlled by a owner and which is called centralized currency or an altcoin. There are very few and fewer altcoins that are left in the crypto space, and all others are shitcoins. That is why there is a very famous saying in the crypto space that investing in the crypto space is a very risky choice, and it requires very good and deep research before investing in the altcoin market. Other than this, Bitcoin is a decentralized currency which makes it stronger than any other crypto asset beacuse this characteristics of this asset give power to its own and holders. And it's kind of harder to manipulate its market than any other altcoin currency. And this makes it a more trustworthy asset in the whole crypto space, and this is also the reason why it is also known as the king of the crypto space. So, comparing Bitcoin with those other 100 projects is not a good thing or comparison.

I think there are only 2 now. 1- Bitcoin (general use + store of value) 2- Monero (privacy) Everything else is noise to me. Sure there are doge and ltc where the tx fees are dirt cheap but that's all there is to them. You can pick either if/when the fees get too expensive on btc. I keep some monero to stay out of the government's reach, not because I got something to hide. It is because they got no right to see what I got.