BTC is still the most popular? - page 8.

davis196

hero member

Activity: 3192

Merit: 939

Quote from: BountyQueen on January 26, 2019, 03:58:13 AM

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

I guess that by 'most popular' you mean the most popular cryptocurrency.I think that bitcoin is the one and only cryptocurrency that really matters for the crypto world.Altcoins/tokens will come and go.Bitcoin is here to stay.

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: BountyQueen on January 26, 2019, 03:58:13 AM

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

Just a few corrections: Bitcoin reached $19++ at the end of 2017. And it's lowest point in the last year or so is $3100-$3200. And obviously, bitcoin still dominates and remain the top cryptocurrency despite the bearish season extending for more than a year now.

It still the number 1 because its touted as a investment, store of value, although still not recognized as payment system, people can still used it to purchase things online.

Chibongvdg

sr. member

Activity: 561

Merit: 250

In the crypto space BTC is the currency of choice. Despite some ETH pairs, most times, if you want to get into any alt coins you have to buy BTC first. Bitcoin is here to stay and thrive.

KnightElite

sr. member

Activity: 924

Merit: 275

Quote from: BountyQueen on January 26, 2019, 03:58:13 AM

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

If you will make a survey about the cryptocurrencies, you will gathered data that telling bitcoin is the only cryptocurrencies that they know. In my country, bitcoin is popular but they do not know the other cryptocurrencies and its functions. In terms of popularity, there is no cryptocurrencies that can surpass bitcoins.

yulchatar

full member

Activity: 910

Merit: 100

Quote from: dewildance on January 26, 2019, 07:31:49 AM

Quote from: BountyQueen on January 26, 2019, 03:58:13 AM

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

You may look at coinmarketcap. Bitcoin dominance is over %50 still. So we can easily say that Bitcoin is number one of cryptocurrencies. And I think it will be same in future.

Yes you are right. No cryptocurrency has so far been able to beat the bitcoin's record in value. In addition, it was from bitcoin that everything started and on its basis other cryptocurrencies began to be created. For all the time of its existence, it withstood a lot of criticism and obstacles, and it continues to this day. But bitcoin is still on top, no matter what.

xenxen

sr. member

Activity: 763

Merit: 252

yes i agree of that because btc is most popular in crypto and safest in investment than to other coin. bitcoin is tested and proven by the people that can pump in the higher price..

dewildance

full member

Activity: 546

Merit: 100

Quote from: BountyQueen on January 26, 2019, 03:58:13 AM

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

You may look at coinmarketcap. Bitcoin dominance is over %50 still. So we can easily say that Bitcoin is number one of cryptocurrencies. And I think it will be same in future.

stuffokator

jr. member

Activity: 30

Merit: 1

Quote from: BountyQueen on January 26, 2019, 03:58:13 AM

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

There are many reasons why Bitcoin remains "the king of crypto":

It has the most proven and reviewed technology stack under its belt. As you might know, cryptography is very very complicated domain. It takes an enormous amount of resources (time and money) to develop a single algorithm, let along implementing the whole infrastructure based on it. People like to invest into proven and safe projects. And when you see how many new coin-related startups turns out to be vaporware, it becomes obvious why bitcoin is still the head of the train.
Network effect. The more companies incorporate bitcoin, the more improved bitcoin ecosystem becomes. New users help in finding new bugs, providing valuable feedbacks, and spreading the word around the world.
Tons of learning materials. There is no doubt that science the cryptocurrencies are based on is hard. For newcomers it's really important to get started from something very basic and understandable. And in case of Bitcoin there are more than enough guides and tutorials around the web which are sometimes available even for free.
Brand awareness. It's often an underestimated factor, but brand awareness plays one of the most important roles in product success. It was thoroughly researched and discussed for many years, and, as a result, key metrics which influence consumer decisions were determined. It's not even about the brand name, it's about human psychology and mind manipulation.

I can recommend this article - https://faculty.fuqua.duke.edu/~moorman/Marketing-Strategy-Seminar-2015/Session%203/Keller.pdf. It's not related to bitcoin per se, however, you will find some other interesting marketing techniques used to define the consumers response to the brand.

rodel caling

full member

Activity: 952

Merit: 104

Quote from: BountyQueen on January 26, 2019, 03:58:13 AM

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

May I corrct your word and don't be offended bitcoin not become a king bitcoin to be exact bitcoin isking of crypto since cryptocurrency start.
That's I know since I start accepting bitcoin as currency, if please correct me if I am wrong very appreciated and yes i agree still bitcoin is the kiing and popular aming us.

Coin-Desk

member

Activity: 182

Merit: 10

Bitcoin will always be king even though the low price of bitcoin. Because Bitcoin is the first crypto currency. Everyone believes Bitcoin more than any cryptocurrency. Price doesn’t matter. We should focus on holding bitcoin. Yes Bitcoin is still most popular cryptocurrency.

bitfocus

member

Activity: 532

Merit: 15

yes, totally agreed!

DooMAD

legendary

Activity: 3948

Merit: 3191

Leave no FUD unchallenged

A notable factor is "network effects". For altcoins with a small userbase, it has less use or application because there are fewer participants to transact with. The more people that use Bitcoin, the more utility it then has.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Yes, I agree. Bitcoin's still the most popular crypto investment and there will be no other coin that will surpass it. The chart for it is going sideways but it doesnt matter if you have been with it for years.

You'll know that it remains as the king and its position is on the top and so its price and value.

Sunyoto

member

Activity: 574

Merit: 10

yes, I also agree that bitcoin is also the safest for all forms, and also the most popular now, because bitcoin is also a safe way to make investments and transactions to make a lot of profits, because bitcoin is also the king of krypto.

BountyQueen

jr. member

Activity: 70

Merit: 2

Exactly a year ago, where towards the end of 2017 the price of bitcoin reached $ 15k. Then at the beginning of 2018 the price began to decline to date to $ 3800. Whatever happens with the price of bitcoin, in fact bitcoin is still always the most popular and become the king of crypto. Do you agree?

Topic: BTC is still the most popular? - page 8. (Read 7725 times)