The new money flows into bitcoin because they learn about it first and are the most comfortable with it. And compared to the other coins, the price volatility is typically less. Maybe one day a coin with better coding will top it, but bitcoin will always be near the top because it was the first.
The new money flows into bitcoin because they learn about it first and are the most comfortable with it. And compared to the other coins, the price volatility is typically less. Maybe one day a coin with better coding will top it, but bitcoin will always be near the top because it was the first.
That's more marketing than fact though. The bitcoin foundation forked the original bitcoin and called their new currency "Bitcoin". I agree they've successfully traded on the name though.
That's more marketing than fact though. The bitcoin foundation forked the original bitcoin and called their new currency "Bitcoin". I agree they've successfully traded on the name though.
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