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Topic: Why Bitcoin has power nowadays ? - page 10. (Read 26790 times)

full member
Activity: 784
Merit: 123
September 12, 2017, 06:54:57 PM
Bitcoin has a powerful now a days because bitcoin become popular and many people do a research of what is this bitcoin and how it works. .Since this is the first decentralized digital currency,many people love it and they earn from it because of trading and mining .
Actually, because of it's promising price today that makes bitcoin so popular and know to everyone. They start embracing and investing it just because of having a huge profit from it. And a lot of users make bitcoin as there payment in online transactions they made.
full member
Activity: 434
Merit: 100
September 12, 2017, 06:33:39 PM
Bitcoin has a powerful now a days because bitcoin become popular and many people do a research of what is this bitcoin and how it works. .Since this is the first decentralized digital currency,many people love it and they earn from it because of trading and mining .
These are the few reasons why people are really after bitcoins. But the most important factor involved in making bitcoins this much powerful is their prices. Bitcoins are among the most expensive investments of the world and this thing really gave big shocks to those who were looking to make big capital but did not invested into bitcoins.
Bitcoin is expensive but the market cap is still very low, a single person Bill Gates has more money than the whole bitcoin economy so while bitcoin is doing great progress we still have a lot of room to growth.
hero member
Activity: 2520
Merit: 624
September 12, 2017, 04:23:00 PM
So many reasons have made bitcoin to have such power , these are the advantages ranging from being decentralized and many people like being independent from government control.
newbie
Activity: 54
Merit: 0
September 12, 2017, 01:08:36 PM
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.

Because it's a currency which is valuable and very accessible to the lowclass also so it's becoming a currency which is pure and simple to use that's why it's important for us
full member
Activity: 210
Merit: 100
September 12, 2017, 12:54:56 PM
Because it is the powerfull cryptocurrency in the world right now. And it can be the powerfull currency ever if it will be legalized in the hole world.
full member
Activity: 212
Merit: 100
September 12, 2017, 11:33:05 AM
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.
Because money is power and Bitcoin is Money
newbie
Activity: 42
Merit: 0
September 12, 2017, 10:58:08 AM
because it's decentralized. Governments fear it, and that's the only thread or fear that governments have ever felt. It is quite similar to the France revolution, only that it's digital Smiley
full member
Activity: 165
Merit: 100
September 12, 2017, 08:55:42 AM
Because in this digital era, technology has issued bitcoin as an successful and risk-free worldwide transaction resource, so it's not unusual that bitcoin turns into a pressure or the choice of most individuals for the foreseeable potential
Why most people are getting indulged into bitcoins is due to its increasing value and huge profits in short time. People think it more of an asset than a currency. It is the key of their future mansions. Other than that, the ease which it provides in large transactions to any part of the world is remarkable.
I will second you without having a second thought. You have said very well that it is not the efforts of people, but it is Bitcoin which has earned this much of name in such a short span of time that people are investing in it as much they can. The benefits which it is giving, there is no match of them.

because of their promising profitability, they want to understand what the real bitcoin is, once they want to engage in it so as to make bitcoin grow more widely because of the large number of new users and make the market demand increase
newbie
Activity: 32
Merit: 0
September 12, 2017, 07:55:18 AM
Because bitcoin right now has such a huge value. It is almost worth more than gold. Also it's really popular right now and it's possible it will be used just like normal money in the future because everyone will probably pay by card.
full member
Activity: 140
Merit: 100
September 12, 2017, 07:29:41 AM
Bitcoin power is a protest investments by many unhappy citizens to financial system controlled and being managed by government and greedy central banks officials, owners and even by corrupt billionaires. Who were abusing those systems without even being liable of they're actions. But a single citizen who make a miserable mistake can be in prison for an unwanted doings. We don't want to feed politicians on taxes we payed for they're own pockets.
member
Activity: 85
Merit: 10
September 12, 2017, 07:22:19 AM
Bitcoin is not controlled by any governments. So people are happy about that and are now using it. Bitcoin is also fast, and you don't have to worry about paying taxes for your BTC.

Companies are also investing in BTC to make money out of it, because they are not so dumb, and they see that BTC is making money.

sr. member
Activity: 1484
Merit: 254
September 12, 2017, 06:54:42 AM
Because people and companies continue to buy bitcoin, in fact many companies are also buying bitcoin so bitcoin prices continue to increase, this is what becomes bitcoin power to continue to be the leader.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
September 12, 2017, 05:28:19 AM
Bitcoin has power nowadays because there many people use it and have confidence on it.
As result, there no one refuse to be paid in BTC !!

   Power comes from people is my opinion too, and more people means more power for bitcoin. Much less people were involved in bitcoin before, bitcoin power was low, now with more
people bitcoin is much stronger. What will be for 10 years for example? In some discussions about how many people are involved in bitcoins most mentioned numeral was between
1-3% of world populations. That made me think about what will happen for couple years when 10% of world population join here, that is almost 5 times more then now, can price go up
that much too?
  
sr. member
Activity: 1036
Merit: 281
September 12, 2017, 05:26:00 AM
Bitcoin is powerful nowadays because it's a digital currency to earn and invest easily.The transaction is very fast and we send btc to other wallet very quickly.this is a legal currency and it's not affect the government also.
I can say that the bitcoin has power nowadays because many people are now using bitcoin. The power of the bitcoin is depend to its price. I can say that the price is the main foundation of the bitcoin.
full member
Activity: 308
Merit: 120
September 12, 2017, 05:03:25 AM
Bitcoin has power nowadays because there many people use it and have confidence on it.
As result, there no one refuse to be paid in BTC !!
newbie
Activity: 26
Merit: 0
September 12, 2017, 03:10:28 AM
Bitcoin is powerful nowadays because it's a digital currency to earn and invest easily.The transaction is very fast and we send btc to other wallet very quickly.this is a legal currency and it's not affect the government also.
sr. member
Activity: 555
Merit: 252
September 12, 2017, 02:49:12 AM
Because in this digital era, technology has issued bitcoin as an successful and risk-free worldwide transaction resource, so it's not unusual that bitcoin turns into a pressure or the choice of most individuals for the foreseeable potential
Why most people are getting indulged into bitcoins is due to its increasing value and huge profits in short time. People think it more of an asset than a currency. It is the key of their future mansions. Other than that, the ease which it provides in large transactions to any part of the world is remarkable.
I will second you without having a second thought. You have said very well that it is not the efforts of people, but it is Bitcoin which has earned this much of name in such a short span of time that people are investing in it as much they can. The benefits which it is giving, there is no match of them.
jr. member
Activity: 46
Merit: 10
September 11, 2017, 11:42:25 AM
Bitcoin is a powerful cryptocurrency. It has got a powerful users network. As bitcoin can be transferred or sent like email. Price is increasing like rocket speed unlike other currencies. If the awareness is  spread across further, it will get legalized in most of the countries and It will be more and more powerful.
sr. member
Activity: 882
Merit: 251
September 11, 2017, 10:28:53 AM
I think nowadays bitcoin is a new power of money. Since many people are using btc for investing and etc...
Because bitcoin is the only currency that isn't affected by a goverment because it can't be controlled by anyone and is not illegal
Bitcoin has been using worldwide though still there's few didnt understand bitcoin. But it is already becoming the new power of money. It is becoming strong nowadays because of the value that is expensive. Yes it is not illegal the freedom that we are using until today.
member
Activity: 72
Merit: 10
September 11, 2017, 10:06:15 AM
I think nowadays bitcoin is a new power of money. Since many people are using btc for investing and etc...
Because bitcoin is the only currency that isn't affected by a goverment because it can't be controlled by anyone and is not illegal
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