Why does the worst coin have the highest valuation?

It's bitcoin

>everything
Yeah, just look at all the firsts in history that didn't become obsolete, oh wait...

First = notoriety = brand name = pioneer = deal with it

because it's the first coin and most proven and most trusted u brainlet

Brand name recognition. Despite bitcoin being really shitty to use, people know of it. Even though ETH is vastly superior, less people understand that it's better. They just see that bitcoin has a high value and they want to jump in and hope for the same success.

Multitudes of ATMs online retailers regular retailers mobile online desktop wallets and exchanges use it.

Which's the best coin according to you?

How about you go try Renren instead of Facebook and see how that social network works out for you.

We'll wait for answers

>vastly superior
> First normie use case of Ethereum clogs the entire blockchain in a matter of minutes.

>Ignoring the fact its actually been used by normies

>ignoring the fact that normies are actually killing Ethereum

>first normie use case that is far more advanced and powerful than btc could dream of being

lmao fuck off

I'm in ETH and XMR

That wasn't even normies thats just people that had ETH and knew about this but trust me if normies were in the chain would've been fucked for days

Whats a coin though, really?

Because the market isn't completely unregulated (or at least interacts with regulated markets) thus there is no "perfect capitalism" so branding is still effective. If valuation of coins was based on technical merits entirely bitcoin would have been overtaken by alts years ago. Instead we'll probably see bitcoin get eclipsed within the next 3-5 years as other coins gain brand trust.

It has the largest and most robust network and adoption.
But truly it’s because the market values branding over utility. Think about it. Why are iphones so popular when they offer less choices and for a higher price? Mostly branding.
Why do people buy nike shoes for triple the price of generics? Branding.
Why do people buy Fiji water which is literally tap water? Branding.
Why do people Acura instead of Honda? You guessed it, branding.

Recently I heard a boomer talking about how bitcoin was functionally good but had a bad image due to it’s history with drugs and scandals. His advice? “Change the name or something” BRANDING.

Branding is critical for the success of any product. Conpetitors ought to pay more attention to that aspect of their coin if they really want to succeed. (Btw this is why the bcash trio hate it so much when you call it bcash. You remove the bitcoin brand from the name)

>worst coin
Lmao, gotta love for alt bagholding newfags who fell for the muh tech meme

Why does everything dump when Bitcoin dumps or goes up?

Bitcoin is the only coin that matters, faggots

Path of least resistance for normie money. Big name gets most money. Least research required. Name has been on the news repeatedly.

you're an absolute retarded faggot if you think BTC is the "worse coin" you moron! it has the polymaths working on it. kys