Topic: Why Bitcoin has power nowadays ? (Read 26790 times)
bitcoin has power now a days because it a source of income..many are using bitcoins online foe investment ..had good promotion to society..more people use it..the more powerful it would be
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So what it is difference between bitcoin and other cryptocurrencies?
i don't think you mean technically, do you?if not, initially when there was bitcoin there was no other crytpo;
its first & has the biggest market cap of all cryptos those two are its most notable differences between btc & other cryptos.
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why Bitcoin has become powerful among other currencies and cryptocurrencies ?
since it was the first, it's had a head start, its publicly best know, there's been more time to actually develop ways for it to be utilized, it has most demand & the biggest market.Quote
the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin
how do you define "most common"?Quote
In fact bitcoin is increasing exponentially in volume and numbers of transactions
that is a bit overstating.Quote
if we don't say that it will take the lead of traditional currencies
btc has a ~10 billion dollar market cap (as of today); that is tiny compared to many markets, there are even corporations many times as big as that;
my point is btc has a long way to go before it's competing with fiats!
(i do believe this will eventually happen though!)
Billion.
because bitcoin in some countries began to be legal so with it bitcoin has the power and can become a global currency that can be worldwide and recognized in all countries ..
Because people use it as a transaction and Bitcoin is a future currency that we use. We can store Bitcoin so that in the future we can use that when we reach our retiring age. before we get in there the world will be rich!
Bitcoin has power because the demand for it is so high as compare to the supply in recent time which i believe is one of the major factor that led ti its high value. At the same time, almost everyone looking for to invest his or her money which will bring high return within a short period of time, of which bitcoin has the potential to generate high return on investment for short and long term period.
Because it is the pioneer of cryptocurrencies and called the father of crypto's
Bitcoin is called bitcoin and the rest of the other cryptocurrencies are called 'AltCoins' because we all know that the 'Maincoin' is Bitcoin itself so meaning it is the foundation of the crypto world and most of the price of other altcoins are relying to the price of it, we all witnessed that when Bitcoin is experiencing a drop down in the price the Altcoins immediately it follows the trend of Bitcoin's falldown.
Everything can really happens in the futrure, who knows who will be number 2 or even number 1 that will takes place the Bitcoin's throne.
Bitcoin is called bitcoin and the rest of the other cryptocurrencies are called 'AltCoins' because we all know that the 'Maincoin' is Bitcoin itself so meaning it is the foundation of the crypto world and most of the price of other altcoins are relying to the price of it, we all witnessed that when Bitcoin is experiencing a drop down in the price the Altcoins immediately it follows the trend of Bitcoin's falldown.
Everything can really happens in the futrure, who knows who will be number 2 or even number 1 that will takes place the Bitcoin's throne.
In my own personal opinion, bitcoin has the power nowadays because bitcoin is the strongest or the number one cryptocurrencies in the world and there so many investors who would really like to invest in bitcoin. Year by year, people who uses bitcoin starting to increase, so it is price.
It got powered becaude of the continuous adoption in the market place for the various service and product selling with the bitcoin. Even most whales consider bitcoin ad best transaction medium for the international fund transfers because of it low fees consumption for any location. Price is also one of the reason.
In my own personal opinion, bitcoin has the power nowadays because bitcoin is the strongest or the number one cryptocurrencies in the world and there so many investors who would really like to invest in bitcoin. Year by year, people who uses bitcoin starting to increase, so it is price.
Yes.Bitcoin has very much power now a days. If you want to inverse your money in any source like a gold you can choose the bitcoin. Bitcoin is better than a gold. In gold you will low profit.But in bitcoin ,you will get very huge profit. Even you may get day to day Profit.
In my own personal opinion, bitcoin has the power nowadays because bitcoin is the strongest or the number one cryptocurrencies in the world and there so many investors who would really like to invest in bitcoin. Year by year, people who uses bitcoin starting to increase, so it is price.
I think Bitcoin has power nowadays because the transaction in Bitcoin are anonymous. The transaction are cheap and quick as well.
Moreover Bitcoin is growing at a very fast rate which makes it a better investment.
Moreover Bitcoin is growing at a very fast rate which makes it a better investment.
I will suggest you the same. The price of bitcoin is keeps on increasing day to day. Even some time for the entire month as like the August month.So I will inverse in bitcoin and suggest you to inverse in bitcoin of the full fund which you have in the bank or saving. I am dam sure you will get profit.
the price skyrocketing , and people start crying regret to put a sell position too early.
It is the first cryptocurrency thats why it has the power above all cryptocurrencies. Well it also shows that people are patrionizing bitcoin since the birth of it. Many investors invesr because they have a trust in bitcoin.
You are right I first of all heard about the bitcoin and the price of the bitcoin was not so high at that time. The power of the bitcoin is increasing because most of the people use bitcoin now and they are trusting bitcoin. It is very important to have a bitcoin today so that you will be the most powerful person in the future.
In my perception only bitcoin is powerful only because it is the first digital currency that has been created in online industry. Then followed by the altcoin currency were it is the clone of bitcoin. It became strong too due to bitcoin usages was very impressive due to this virtual currency was very flexible in terms of sending money, and etc.
Thats preety simple, the thing is at the starting people were not ready to believe in cryptocurrency thing they were more eager to invest in stock market than in Bitcoins, then suddenly bitcoins value rose and every tv channel showed nothing except the bitcoins in those days, people got curious and thus started levitating towards it which created high demand and because of limited supply it increased the value even further.
Other cryptocurrencies are just trying to fill up those gaps that bitcoins were not able to do but still not many people believe in alternate currencies thus they rock
Other cryptocurrencies are just trying to fill up those gaps that bitcoins were not able to do but still not many people believe in alternate currencies thus they rock
According to my research why bitcoin has more power currency because we know that bitcoin is the number one cryptocurrency in the world so that if bitcoin is number one what do we expect that bitcoin is more powerful than other currency.
Bitcoin from the starting appears to be expanding with prospective. In in between Bitcoin confronted a number of criticism and oppositions from folks as properly developers. It overcame all the concerns and now this has been turning out to be a lot more and far more popular. So the self development is the 1 that has held it successful which is since of the technological innovation behind it.
I think Bitcoin has power nowadays because the transaction in Bitcoin are anonymous. The transaction are cheap and quick as well.
Moreover Bitcoin is growing at a very fast rate which makes it a better investment.
Moreover Bitcoin is growing at a very fast rate which makes it a better investment.
I will suggest you the same. The price of bitcoin is keeps on increasing day to day. Even some time for the entire month as like the August month.So I will inverse in bitcoin and suggest you to inverse in bitcoin of the full fund which you have in the bank or saving. I am dam sure you will get profit.
Bitcoin has power nowadays for it gives much earnings to people. By simply investing or trading through it, people can generate more income than ever. It is also flexible, new, and has a lot more to be discovered to.
I think the main strength of bitcoin is the growing number of media that preach about bitcoin, even when there is a bitcoin banned government it becomes a splashy news that also helped make popular bitcoin.
The main reason behind all this is none other than this that it is entirely a new idea and the way it was introduced and the way it is helping so many people in making as much money as they want. I must say that it will keep on gaining more power in the future as well just because of its advantages. We just need to wait and watch. Bitcoin has become a new power in the world of money as we all know that all sides deal with it so it has to survive until it become the powerful source of life . So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies ?
Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.
In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.
Due to the fact that Bitcoin can do a lot of things, now Bitcoin become powerful because it gives opportunity to many people to have money or earn money. As days as come, Bitcoin become better big industry that people's trust is the main source why it is still exist and many investor have no fear to invest money for this market. Due the development of Bitcoin, the price of one BTC become higher that's of the reason why Bitcoin become powerful above the all currency in the world. Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.
In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.
what they say is true, it is because bitcoin is the firat digital currency. Supported by a lot of people because of its security and convenience that is why a lot of altcoins has popping up these days. If bitcoin became useless and no value i think other cryptos might follow due to the fact that bitcoin is the king of digital currency.
For those who love information technology, the currency Bitcoin will be the best choice for investment and procurement from the Bitcoin. Through the network of media and pages of newspapers, Bitcoin is known as coins of digital technology and its value increases over the years.Jump to: