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Topic: Why Bitcoin has power nowadays ? - page 2. (Read 26824 times)

full member
Activity: 280
Merit: 100
October 03, 2017, 04:26:38 PM
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.
full member
Activity: 588
Merit: 100
October 03, 2017, 03:49:57 PM
if you are asking about power among other crypto currencies:

bitcoin was first cryptocurrency to come into play.being ahead or first move a lot of time has been spend on it by both users and developers on this currency.the other currencies have been introduced but replacing bitcoin is not easy because it would require a great change in technology and as well as it has to build same or better  trust among users which already have been established by bitcoin about the security and transactions
It seems to me that for today Bitcoin is very well rooted in the financial system and also in the life of every person. As for power, I can not say anything, but I definitely want to say that people are exposed to the strong influence of the IZO money opportunities to earn.
sr. member
Activity: 266
Merit: 250
October 03, 2017, 03:23:27 PM
if you are asking about power among other crypto currencies:

bitcoin was first cryptocurrency to come into play.being ahead or first move a lot of time has been spend on it by both users and developers on this currency.the other currencies have been introduced but replacing bitcoin is not easy because it would require a great change in technology and as well as it has to build same or better  trust among users which already have been established by bitcoin about the security and transactions
newbie
Activity: 56
Merit: 0
October 03, 2017, 02:51:58 PM
bitcoin is a decentralized currency which is why its not stable bitcoin is the most outrageous forex nowadays in bitcoin you can send out money all more than the internet anonymously , bitcoin also market it really is rewards with the use of sending funds with a lowcost even it's from another country. bitcoin is accountable like you can put a cash from it and make it expand without utilizing it.
sr. member
Activity: 518
Merit: 257
October 03, 2017, 01:55:52 PM
Bitcoin got the advantage of first-come in crypto-market. After its popularity and its acceptance among investors, other altcoins came into existence. Market cap of bitcoin is still more than combined market cap of all Altcoins. Exchanges still accept bitcoin to purchase other altcoins...that means you need to have bitcoins to buy other. coins also. When a new crypto-enthusiast came into this market, they got introduced to bitcoin first. These specifications make BITCOIN more powerful than any other crypto-currency.
sr. member
Activity: 612
Merit: 250
October 03, 2017, 12:33:16 PM
yes bitcoin has the power now a days because bitcoin serve us a good promotion over a long period of time..and the most well known currency of all times Smiley Wink Kiss
Yeah the power of the bitcoin is because it is getting famous and people are trusting bitcoin more than other currency. Bitcoin investors are increasing and the users of the bitcoin are going high. Bitcoin will never go down because it has the great impact on the life of the simple person. So the power of the bitcoin is high because the use of the bitcoin is high now.
hero member
Activity: 826
Merit: 502
October 03, 2017, 12:08:28 PM
Bitcoin has power nowadays because of its popularity. Bitcoin can use anytime and anywhere. You can use it to buy goods online. You can also pay bills through bitcoin. It is very convenient to use. It helps us to save time by like going to malls for shopping. And the most important thing is that bitcoin price is getting higher and expensive that's why many people are trying to have their bitcoin.

I think the things that you can buy with bitcoin and the bills that you can pay with it is still too few to come up to that line. True, you can use bitcoin to pay for this and that and if you live in the US, you can use purse.io to pay for Amazon stuffs. But that is not the case in most places. You can't even find people that accepts bitcoin. Most things that you'll find is digital goods like Spotify account and other gift cards.

Bitcoin has power nowadays, because the price is good and it is still increasing and best in investment. Bitcoin has a good value and profitable. Bitcoin is good source of income to the people, it has many advantages and benefits and most popular currency. Most of people already know about bitcoin and more people and investors already invest in bitcoin so that it has power nowadays. You can use bitcoin wherever you are because its fast and easy to use.

Kinda agree that a lot of people already know about bitcoin. But most of them aren't really interested in bitcoin. In first world countries, the pay rate is a lot better than what you are going to earn from jobs like signature campaign, translation, etc. Only way for them to switch to earning bitcoin is by trading and it requires a good amount of bankroll and huge amount of time.
full member
Activity: 532
Merit: 101
October 03, 2017, 10:55:37 AM
Bitcoin has power nowadays, because the price is good and it is still increasing and best in investment. Bitcoin has a good value and profitable. Bitcoin is good source of income to the people, it has many advantages and benefits and most popular currency. Most of people already know about bitcoin and more people and investors already invest in bitcoin so that it has power nowadays. You can use bitcoin wherever you are because its fast and easy to use.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
October 03, 2017, 09:17:01 AM
Bitcoin has power nowadays because of its popularity. Bitcoin can use anytime and anywhere. You can use it to buy goods online. You can also pay bills through bitcoin. It is very convenient to use. It helps us to save time by like going to malls for shopping. And the most important thing is that bitcoin price is getting higher and expensive that's why many people are trying to have their bitcoin.

Is that all true? Where are you from?
In our place I dont even see one where you could use bitcoin. Just withdrawing it in a wallet website then earn again to place it there so that we can use it but as cash only.
That seems to be the problem since before and now that it became an asset.
sr. member
Activity: 336
Merit: 250
October 03, 2017, 09:15:37 AM
bitcoin is the first, and it is the one that started everything in crypto, it's the more safe and more developed, i think the other coisn need to prove to be worth more than bicoin not the opposite, there is still a chance to have a better coin in the future, but there are chance to develop bitcoin even more covering the hole and make it the ultimate cryptocurrency, also right now it's a very good safe heaven
I believe it is hard for to see someone that invent a new cryptocurrency that can surpass bitcoin. Besides it high value, bitcoin presented it self as the future of cryptocurrency that's why it attracted so many investers, because it was a sucessful project. Reaching 4000$  worth for a single bitcoin , it still expected to get even higher.
Also, it was litterly a recolution in cryptocurrency world. Bitcoin offered a maximum degree of security and privacy even some banks don't offer. That's why i think it will be so hard, for now at least, on someone to invent another cryptocurrency that can compete with bitcoin
newbie
Activity: 50
Merit: 0
October 03, 2017, 09:15:09 AM
Bitcoin has power nowadays because of its popularity. Bitcoin can use anytime and anywhere. You can use it to buy goods online. You can also pay bills through bitcoin. It is very convenient to use. It helps us to save time by like going to malls for shopping. And the most important thing is that bitcoin price is getting higher and expensive that's why many people are trying to have their bitcoin.
member
Activity: 126
Merit: 11
One of a kind
October 03, 2017, 09:01:24 AM
Bitcoin has gained power and making noise nowadays because it is what the creator viewed it to be to have right now. It started with a great idea that was supported with a big trust by many which yields a stable foundation these days. And now becoming more acceptable, and soon be used by many in lots of possible ways which can benefit the user to ease their access in goods and services.
sr. member
Activity: 1708
Merit: 299
October 03, 2017, 08:42:51 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.

Today bitcoin is now considered to be very strong in the hearts of the people. They trust it very much because they appreciate the help they offer to bitcoin. As more and more people use their help it continues to grow and becomes popular because of its ability to help each person. Bitcoin was lower than its value, but as the year or the season increases, it gradually rises and until it has been identified by the majority. Are we just getting started? we do not know much but when we have learned more than anything else? we gradually rise to the level of our lives Smiley.
Getting the trust of your investors is something very much important for any business to survive. Bitcoin has no doubt gained a lot of reputation and good name in the international market. The only significant reason behind all this is none other than so many profit and increase in market price of Bitcoin with each passing day.
member
Activity: 72
Merit: 10
October 03, 2017, 04:45:01 AM
why bitcoin has control these days, I think bitcoin as the primary decentralized cryptographic money and the notoriety of bitcoin as cash are exceptionally trusted of the general population and furthermore bitcoin are accpted as money of the other nation in light of his influence, the verification numerous nation are authorized bitcoin as monetary standards on the grounds that can possibly help the economy of each nation.
newbie
Activity: 99
Merit: 0
October 02, 2017, 11:14:56 PM
The reason why Bitcoin is the number one cryptocurrency is pretty simple: It was the first one. This first mover advantage persists, because Bitcoin quickly established the biggest support both from users and from developers. Having the biggest user and developer base maintains a strong network effect, that tends to draw in more users and developers, because the system appears attractive and is well-established as a payment system.

For any altcoin to compete with Bitcoin, it would have to offer something revolutionary new and useful, that can't be implemented by Bitcoin. Today's altcoins are mainly a testing ground for new ideas, that will end up being added to Bitcoin if they are good, leaving the altcoins that first introduced them behind (a current example for could be rootstock vs. ethereum).

ya.ya.yo!
the reason behind bitcoin has a power to rule many people is because it was a very good source of income and many people are depending  on it so they are counted as the population here in bitcoin.
full member
Activity: 476
Merit: 100
October 02, 2017, 10:32:54 PM
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.
full member
Activity: 195
Merit: 100
October 02, 2017, 09:47:19 PM
I do not think that bitcoin is the first cryptocurrency and a new innovation but because the bitcoin community never leaves the bitcoin alone. Many companies have invested in bitcoins and are still working with them, sometimes too overrated.
If you mean bitcoin is very strong among other crypto like you
mention it in your comment, then I agree because there is no other crypto (altcoin) that even approximates bitcoin in usability.
newbie
Activity: 39
Merit: 0
October 02, 2017, 09:15:29 PM
Ironically adequate, development has no impact on Bitcoin. Most of the altcoins are more innovative than it, but Bitcoin being the first a single, it is the most significant crypto-forex, and that will by no means change.
full member
Activity: 264
Merit: 100
October 02, 2017, 12:08:21 PM
Bitcoin has the power for sure and mostly cause of it's the most well known currency among other crypto correncies, bitcoin had good promotion. And nowadays good promotion makes just miracles.

I think thats true , The mere fact that it is the first ever crypto-currency that was created it has the capability to gather and attract attention also for its amount which may pursued people to immediately learn everything they need to be profitable. Governments nowadays has conducing research regarding this sytem and they already studying on what its capability to help each country specially, economically speaking,
sr. member
Activity: 553
Merit: 250
October 02, 2017, 11:39:14 AM
Bitcoin has become powerful because the origin of crypto currency started with bitcoin. Any where crypto currency is mention what come to mind is bitcoin followed by any other altcoins. The demand for bitcoin is so high, and the acceptability world wide is the reason behind its value that has currently become so high as compared to altcoins.
yes true and everyone will make bitcoin as the base of the price of another coin. in addition to the ever-increasing user, more and more companies are developing bitcoin into a large force of bitcoin so bitcoin has power nowadays and future day.
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