Bitcoin

Bitcoin

BTC

PRICE (USD)
$ 7,476.35
MARKET CAP (USD)
$ 134.9 B
DAILY VOLUME (USD)
$ 13.7 B
NUMBER OF EXCHANGES
258
SOCIAL MEDIA
   

(82%) Average Rating
Team Quality:
Info Quality:
Track record:

cryptoTax

Sort by: Latest / Earliest / Upvotes / Downvotes

Team Quality
Info Quality
Track record

rektoshi rektamoto posted on November 19, 2019 20:03:23

Bitcoin (BTC) is about the only legit cryptocurrency out there with some decent future potential. Monero and Zcash do provide some amazing privacy tech that might later be adopted on BTC chain. For some other coins like Ethereum and Litecoin, they are interesting experiments, but in the end, any useful stuff that comes out of those projects will also be adopted on bitcoin, making everything else irrelevant. Stop investing in alts and wasting your time in looking at all these shitcoin projects; just buy bitcoin every week, every month!

Everything else that you do, WILL COST YOU MONEY AND YOUR RISK OF LOSING IT ALL WILL ONLY INCREASE: HIGH RISK, LOW REWARD!


avatar pdo 18
Team Quality
Info Quality
Track record

pdo posted on November 15, 2019 20:09:59

I'm a long BTC holder. I think it has the best chance of winning the Store of Value (SoV) cryptocurrency category. It has the biggest network of nodes and supporters. Other forks like BCH or LTC will have a hard time competing with BTC. They don't have enough differentiation to help them win as the SoV crypto. But BTC's success is also far away. It is highly volatile. You need to manage your expectations about when you'll make a lot of money.

Bitcoin's community is also hostile. They preach BTC domination and play down forks. Regardless, you can hold BTC and ignore the drama. Long-term, I think BTC will settle into being a SoV. I think we need another chain for transactions.

Disclosure: I'm Bitflate's developer, a crypto with constant inflation. Bitflate's goal is to be a transaction coin. I'm long both BTC and BFL.


Team Quality
Info Quality
Track record

kurtwuckertjr posted on October 27, 2019 21:59:01

What can I say? The most disappointing project in crypto. Nobody cares about anything except the price anyways, and the developers get credit for being amazing even though their credentials outside of bitcoin are mediocre at best.

At 3-7 transactions per second and a halving of the subsidy around corner, BTC either needs exponential growth in users that it cannot service OR it needs exponential growth in transaction fees that it cannot sustain because of the arbitrary limits.

Meanwhile, it’s been taken over by communist propaganda of the UASF “Raspberry Revolution” whereby a bunch of no-hash nodes govern the hashing nodes, even though with all of their eyes on the network, they couldn’t stop a consensus change with their home nodes anyways. But they play the role of the proletariat seizing the means of production from the industrial class anyways.

While HODLbros beg for bankers to pour fiat into BTC, it loses more and more utility, but at least your Nokia phone can run a node for a chain that half the planet will never be able to afford to use!

What a joke!


avatar scottf 58
Team Quality
Info Quality
Track record

scottf posted on June 20, 2019 12:29:55

#1 Coin! While it might seem obvious, it seems there are many that are still skeptical. However, it seems Bitcoin is one of the main coins that is here to stay. Lots of vested interest in seeing it succeed in the future! Will be fun to watch long term.


avatar Dr. Doom 260
Team Quality
Info Quality
Track record

Dr. Doom posted on June 06, 2019 20:29:56

The only coin that you should hold on to and be careful not to lose in scams or by speculating/trading in shitcoins, like the many that are listed on this website. Do not get fooled by people that say that Bitcoin is slow, old fashioned or lagging development, because it is supposed to be that way in order to become the globally accepted hard money standard. It is the most secure store of value that anyone should have some of under their personal control (private keys), not only for speculation but also for the small but present danger of any type of catastrophic event that could hurt the normal financial system. Bitcoin is the only digital censorship resistant, permissionless, borderless, secure, unconfiscatable, gold-like store of value. Whatever other cryptocurrencies are doing has little or nothing to do with the purpose and position of Bitcoin, so it is pointless in comparing them with bitcoin. Be very very responsible with the bitcoin you have and make sure it is the major part of your crypto portfolio IF you decide to speculate on alts as well.


Team Quality
Info Quality
Track record

lampedius posted on June 06, 2019 07:28:11

this is the #1 coin that everybody else try to copy to profit of its noble name. this is the currency of the future. invest now and you cant go wrong. it is a store of value rather than a coin to daytrade with. I recomend you to buy and hold for long term.


Team Quality
Info Quality
Track record

stellarowl12 posted on June 05, 2019 22:44:41

Bitcoin, the granddaddy of them all. The most resilient crypto coin and also the one best suited to be hard money.

It is both a store of value and a means of exchange at the same time. Right now the store of value part is the stronger point, but with 2nd layer solutions like Lightning Network, it will be super easy and fast to transfer Bitcoin like electronic cash as well.

This is probably the only project with an anonymous founder that is still legit (Satoshi Nakamoto - no, not Craig Wright).

Bitcoin spawned a ton of copycats, probably all of them you should steer clear from and just stick with the original - the only censorship resistant, hard money in the world.


cryptoTax

Join the CryptoCanary Flock

Get a weekly update on the best and worst projects right in your inbox.