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Topic: Why Bitcoin has power nowadays ? - page 23. (Read 26818 times)

sr. member
Activity: 392
Merit: 250
June 04, 2017, 10:54:25 AM
Bitcoin is the pioneer of crypto currency.Almost all countries have started to realize potential of bitcoin.Japan has announced it as legal currency.China and Russia have started to regulate bitcoin instead of banning bitcoin.Bitcoin price is increasing very high.So every one wants to hold bitcoins so that they could get huge returns in future.So people think that by holding bitcoins,they could grab the power to make their future great.
hero member
Activity: 1806
Merit: 672
June 04, 2017, 09:40:35 AM
You have answered the question of yourself just by saying about the increase of volumes exponentially which means Bitcoin as of right now has more demand compared to any other cryptocurrency. With that being said and to keep my answer short the main reason why Bitcoin is more powerful than others is because of the demand it has in which many people are using it for trading and transacting, in which the cryptocurrency world is aware of.
sr. member
Activity: 588
Merit: 256
June 04, 2017, 09:25:31 AM
I think that makes the strong bitcoin the way it is now with so many other coin exchanges involving bitcoin so bitcoin can be made into the mains of all coins.
Then if another coin can be converted to bitcoin its value will greatly affect for the coin, When compared to the real currency bitcoin like dollars where all currencies will be valuable if in exchange with dollars then the price of the currency will follow the movement of the dollar.
sr. member
Activity: 798
Merit: 255
June 02, 2017, 02:23:21 AM
Today money can already control even people. People needs money. Money is one of the most important needs of every person. Money has a power. Bitcoin is money. So, Bitcoin has a power. Why? Because it is already money not just only a normal or ordinary digital coins but a valuable coins.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 02, 2017, 01:15:48 AM
I think we are gradually getting near global acceptance of Bitcoin and that's what is making it powerful by the day so in no time I'm sure there's going to be an even more increased demand which will skyrocket the prices of Bitcoin even further.

Also because of the price of bitcoin that is the reason of the boost of the popularity of bitcoin. Thats why it is power so they accept bitcoin. Soon it will be accepted globally because most of the country now a days is accepting it in their system so it is really advantage

because of the increase of the price bitcoin is becoming famous and it has power it is because bitcoin is a beneficial currency for the convenient transaction in this era as if someone will invest in bitcoin for earning then they will also like to adopt it for their use because of their interesting features.
Yes that is right, because of the popularity of being famous of bitcoin a lot of demand are coming in bitcoin and more and more people are getting into bitcoin so it has more power than before and soon it will dominate the overall market included of stock market, forex market and a lot more.
hero member
Activity: 826
Merit: 502
June 01, 2017, 04:11:02 PM
I think we are gradually getting near global acceptance of Bitcoin and that's what is making it powerful by the day so in no time I'm sure there's going to be an even more increased demand which will skyrocket the prices of Bitcoin even further.

Also because of the price of bitcoin that is the reason of the boost of the popularity of bitcoin. Thats why it is power so they accept bitcoin. Soon it will be accepted globally because most of the country now a days is accepting it in their system so it is really advantage

because of the increase of the price bitcoin is becoming famous and it has power it is because bitcoin is a beneficial currency for the convenient transaction in this era as if someone will invest in bitcoin for earning then they will also like to adopt it for their use because of their interesting features.
hero member
Activity: 980
Merit: 506
June 01, 2017, 03:20:35 PM
I think it boils down to the demand and supply of bitcoins on the market which is the main determinant of Bitcoin prices and so it's powerful these days because there's an increased demand for it globally and everyone seems to want to join the train to make profits therefore it's becoming powerful.
Yup, that's right, I think that the major factor driving bitcoin to moon now a days is that the bitcoins are legalized in Japan and most of the Japanese people invest their money so they have found a new investment and it is a good one watching that a bitcoin was about $0.008 in start and now it is over $2k, so they can see huge gains with little investment and also supply is limited to only twenty one million coins only, so less coins and more demand....

One of the biggest reason why it goes up over these past years is because of this forum, there are thousands of people trying to get some bitcoin using these forum, and know that there are different ways to earn bitcoin and some are already in here. Giving the information they need about not just bitcoin but altcoins too, so basically this forum does some huge impact regarding bitcoin market, this forum expands the demand and made it to a different level.

I wouldn't think that it's a "big" reason at all. Bitcointalk has been here ever since. I think that all information and all dramas about bitcoin and altcoins are already here. All the FUDS, different type of scams, and the trolls are also here. You can say that this forum is where people freely post stuffs since (let's face it) moderation has always been a problem here. I see people here and there posting FUDs as if they are just casually stating facts about bitcoin.

I think the purpose of bitcointalk to the bitcoin world is that it gives people hope. It gives people the idea that at least there's one forum that's really really active even though the major reason why this forum is so active is because of signature campaign.
Well beside every FUD, dramas and scams and whatever may be is here but one thing that no one can deny that this forum is the best platform not only to understand and find accurate answers to your queries about the bitcoin but also about the Alts. I am glade to state my example for your information. I came to this forum as a lay man and today I am proudly saying that I am one of the successful trader and earning a handsome amount because of the learnings from this forum.
legendary
Activity: 1652
Merit: 1057
June 01, 2017, 02:35:51 PM
I support the opinion "deisik". Why would someone put themselves above others. I am sure that the forum not only in communication between professionals, but to promote bitcoin around the world. You can really see a lot of Fulda in messages, but it allows people to earn how Satoshi and promotes the popularity of bitcoin. It also increases demand for bitcoin and its price is increasing. Ultimately newcomers gain knowledge and experience and received the income due to the growth of bitcoin prices. Throw a stone at me if I'm wrong.
Yeah I too agree this is a discussion forum with people from all around the world with different traits, norms and cultures, there are some people who use slang language while they are expressing their opinion. It not really a great matter to be discussed because we don’t know where is the person from maybe this is the common style of conversation at the place they belong to.

In this whole scenario the moderators do have a role to play if someone is using too much ill decent language the moderators warns them and they have ban many as well playing their part of the game.
hero member
Activity: 798
Merit: 505
June 01, 2017, 07:33:16 AM
I think we are gradually getting near global acceptance of Bitcoin and that's what is making it powerful by the day so in no time I'm sure there's going to be an even more increased demand which will skyrocket the prices of Bitcoin even further.

Also because of the price of bitcoin that is the reason of the boost of the popularity of bitcoin. Thats why it is power so they accept bitcoin. Soon it will be accepted globally because most of the country now a days is accepting it in their system so it is really advantage
sr. member
Activity: 420
Merit: 255
June 01, 2017, 07:28:47 AM
I support the opinion "deisik". Why would someone put themselves above others. I am sure that the forum not only in communication between professionals, but to promote bitcoin around the world. You can really see a lot of Fulda in messages, but it allows people to earn how Satoshi and promotes the popularity of bitcoin. It also increases demand for bitcoin and its price is increasing. Ultimately newcomers gain knowledge and experience and received the income due to the growth of bitcoin prices. Throw a stone at me if I'm wrong.
sr. member
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
June 01, 2017, 07:16:06 AM
Because in this digital era, technology has issued bitcoin as an efficient and safe global transaction tool, so it's not strange that bitcoin becomes a force or the choice of most people for the foreseeable future
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 24, 2017, 02:05:52 AM
I think it boils down to the demand and supply of bitcoins on the market which is the main determinant of Bitcoin prices and so it's powerful these days because there's an increased demand for it globally and everyone seems to want to join the train to make profits therefore it's becoming powerful.
Yup, that's right, I think that the major factor driving bitcoin to moon now a days is that the bitcoins are legalized in Japan and most of the Japanese people invest their money so they have found a new investment and it is a good one watching that a bitcoin was about $0.008 in start and now it is over $2k, so they can see huge gains with little investment and also supply is limited to only twenty one million coins only, so less coins and more demand....

One of the biggest reason why it goes up over these past years is because of this forum, there are thousands of people trying to get some bitcoin using these forum, and know that there are different ways to earn bitcoin and some are already in here. Giving the information they need about not just bitcoin but altcoins too, so basically this forum does some huge impact regarding bitcoin market, this forum expands the demand and made it to a different level.

I wouldn't think that it's a "big" reason at all. Bitcointalk has been here ever since. I think that all information and all dramas about bitcoin and altcoins are already here. All the FUDS, different type of scams, and the trolls are also here. You can say that this forum is where people freely post stuffs since (let's face it) moderation has always been a problem here. I see people here and there posting FUDs as if they are just casually stating facts about bitcoin

I don't think this is a problem

Since it would be rather strange for a forum advocating something which defies and denies the very idea of centralization to be moderators' paradise and posters' prison ("trespassers will be shot, survivors will be shot again"). That would be a bit hypocritical, as to me. Apart from that, I don't see a lot of damage in folks spreading rumors, FUD, or just trolling around and making fools of themselves (read clowns here). The main problem is the incessant flow of useless and pointless posts, but this seems to be the other, dark side of freedom that Bitcointalk adheres to ("the evil twin")

It's because it's not obvious. We don't know what newbies are thinking about a certain topic since not everyone of them are posting about it. Every now and then I see a Junior Member or a Member posting stuffs here that are totally untrue. Where did they get those information? From the fudders and from the spreaders of wrong information. Back then, I used to think that halving means the difficulty of mining is doubling and the price will be doubled as well. But that's just because that's what I read from other people here. You'd think that I should have done my research on my own but we simply believe everything that we read

That has nothing to do with moderation

You simply can't ban a user because he is throwing complete fud and bullshit (or what you think as such). After all, this is a discussion forum which assumes people that people would have different opinions and likely agendas. Moreover, personally I would even give fearmongers a special leeway (if they don't have that already) since they might in fact contribute to more "Bitcoin power nowadays". How come? Because they shake bitcoins from weak hands and add to volatility, but volatility is what gives Bitcoin power today, just like as yesterday and likely as tomorrow. And you can always debunk and ruin the myths, fears or schemes that they might post or nurture
legendary
Activity: 1008
Merit: 1060
May 23, 2017, 09:09:09 PM
I think it boils down to the demand and supply of bitcoins on the market which is the main determinant of Bitcoin prices and so it's powerful these days because there's an increased demand for it globally and everyone seems to want to join the train to make profits therefore it's becoming powerful.
Yup, that's right, I think that the major factor driving bitcoin to moon now a days is that the bitcoins are legalized in Japan and most of the Japanese people invest their money so they have found a new investment and it is a good one watching that a bitcoin was about $0.008 in start and now it is over $2k, so they can see huge gains with little investment and also supply is limited to only twenty one million coins only, so less coins and more demand....

One of the biggest reason why it goes up over these past years is because of this forum, there are thousands of people trying to get some bitcoin using these forum, and know that there are different ways to earn bitcoin and some are already in here. Giving the information they need about not just bitcoin but altcoins too, so basically this forum does some huge impact regarding bitcoin market, this forum expands the demand and made it to a different level.

I wouldn't think that it's a "big" reason at all. Bitcointalk has been here ever since. I think that all information and all dramas about bitcoin and altcoins are already here. All the FUDS, different type of scams, and the trolls are also here. You can say that this forum is where people freely post stuffs since (let's face it) moderation has always been a problem here. I see people here and there posting FUDs as if they are just casually stating facts about bitcoin

I don't think this is a problem

Since it would be rather strange for a forum advocating something which defies and denies the very idea of centralization to be moderators' paradise and posters' prison ("trespassers will be shot, survivors will be shot again"). That would be a bit hypocritical, as to me. Apart from that, I don't see a lot of damage in folks spreading rumors, FUD, or just trolling around and making fools of themselves (read clowns here). The main problem is the incessant flow of useless and pointless posts, but this seems to be the other, dark side of freedom that Bitcointalk adheres to ("the evil twin")

It's because it's not obvious. We don't know what newbies are thinking about a certain topic since not everyone of them are posting about it. Every now and then I see a Junior Member or a Member posting stuffs here that are totally untrue. Where did they get those information? From the fudders and from the spreaders of wrong information. Back then, I used to think that halving means the difficulty of mining is doubling and the price will be doubled as well. But that's just because that's what I read from other people here. You'd think that I should have done my research on my own but we simply believe everything that we read.

That's what I've been thinking for a couple of weeks until I read somewhere that it's actually the block reward that gets divided by two and the price isn't affected right away.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 23, 2017, 03:20:40 PM
I think it boils down to the demand and supply of bitcoins on the market which is the main determinant of Bitcoin prices and so it's powerful these days because there's an increased demand for it globally and everyone seems to want to join the train to make profits therefore it's becoming powerful.
Yup, that's right, I think that the major factor driving bitcoin to moon now a days is that the bitcoins are legalized in Japan and most of the Japanese people invest their money so they have found a new investment and it is a good one watching that a bitcoin was about $0.008 in start and now it is over $2k, so they can see huge gains with little investment and also supply is limited to only twenty one million coins only, so less coins and more demand....

One of the biggest reason why it goes up over these past years is because of this forum, there are thousands of people trying to get some bitcoin using these forum, and know that there are different ways to earn bitcoin and some are already in here. Giving the information they need about not just bitcoin but altcoins too, so basically this forum does some huge impact regarding bitcoin market, this forum expands the demand and made it to a different level.

I wouldn't think that it's a "big" reason at all. Bitcointalk has been here ever since. I think that all information and all dramas about bitcoin and altcoins are already here. All the FUDS, different type of scams, and the trolls are also here. You can say that this forum is where people freely post stuffs since (let's face it) moderation has always been a problem here. I see people here and there posting FUDs as if they are just casually stating facts about bitcoin

I don't think this is a problem

Since it would be rather strange for a forum advocating something which defies and denies the very idea of centralization to be moderators' paradise and posters' prison ("trespassers will be shot, survivors will be shot again"). That would be a bit hypocritical, as to me. Apart from that, I don't see a lot of damage in folks spreading rumors, FUD, or just trolling around and making fools of themselves (read clowns here). The main problem is the incessant flow of useless and pointless posts, but this seems to be the other, dark side of freedom that Bitcointalk adheres to ("the evil twin")
legendary
Activity: 1008
Merit: 1060
May 23, 2017, 09:08:57 AM
I think it boils down to the demand and supply of bitcoins on the market which is the main determinant of Bitcoin prices and so it's powerful these days because there's an increased demand for it globally and everyone seems to want to join the train to make profits therefore it's becoming powerful.
Yup, that's right, I think that the major factor driving bitcoin to moon now a days is that the bitcoins are legalized in Japan and most of the Japanese people invest their money so they have found a new investment and it is a good one watching that a bitcoin was about $0.008 in start and now it is over $2k, so they can see huge gains with little investment and also supply is limited to only twenty one million coins only, so less coins and more demand....

One of the biggest reason why it goes up over these past years is because of this forum, there are thousands of people trying to get some bitcoin using these forum, and know that there are different ways to earn bitcoin and some are already in here. Giving the information they need about not just bitcoin but altcoins too, so basically this forum does some huge impact regarding bitcoin market, this forum expands the demand and made it to a different level.

I wouldn't think that it's a "big" reason at all. Bitcointalk has been here ever since. I think that all information and all dramas about bitcoin and altcoins are already here. All the FUDS, different type of scams, and the trolls are also here. You can say that this forum is where people freely post stuffs since (let's face it) moderation has always been a problem here. I see people here and there posting FUDs as if they are just casually stating facts about bitcoin.

I think the purpose of bitcointalk to the bitcoin world is that it gives people hope. It gives people the idea that at least there's one forum that's really really active even though the major reason why this forum is so active is because of signature campaign.
hero member
Activity: 1750
Merit: 589
May 22, 2017, 10:23:18 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
Establishing a name and  price in the market is the reason or the asset of bitcoin. Because the development in bitcoin happens  while the community continue to support bitcoin it self and as the price or the increase more businesses are being open on accepting bitcoin . That is the basic cycle of how bitcoin continues it power until now. And no doubt that it will continue because as of now the price of bitcoin moved drastically resulting for more development and investment for the users.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 22, 2017, 07:50:51 AM
I think it boils down to the demand and supply of bitcoins on the market which is the main determinant of Bitcoin prices and so it's powerful these days because there's an increased demand for it globally and everyone seems to want to join the train to make profits therefore it's becoming powerful.
Yup, that's right, I think that the major factor driving bitcoin to moon now a days is that the bitcoins are legalized in Japan and most of the Japanese people invest their money so they have found a new investment and it is a good one watching that a bitcoin was about $0.008 in start and now it is over $2k, so they can see huge gains with little investment and also supply is limited to only twenty one million coins only, so less coins and more demand....

One of the biggest reason why it goes up over these past years is because of this forum, there are thousands of people trying to get some bitcoin using these forum, and know that there are different ways to earn bitcoin and some are already in here. Giving the information they need about not just bitcoin but altcoins too, so basically this forum does some huge impact regarding bitcoin market, this forum expands the demand and made it to a different level

I don't think it is really so nowadays

In the past, the forum was likely the only source of Bitcoin info (apart from mailing lists, of course) available to a typical Internet user, so in the early days of Bitcoin it certainly played a significant if not outright vital role in spreading knowledge about Bitcoin. But today it is no longer the case since there are quite a few news outlets talking specifically about Bitcoin. Bitcointalk has become a place where you can earn a few satoshi and share as well as learn recent rumors
legendary
Activity: 2674
Merit: 1048
May 22, 2017, 07:27:00 AM
I think it boils down to the demand and supply of bitcoins on the market which is the main determinant of Bitcoin prices and so it's powerful these days because there's an increased demand for it globally and everyone seems to want to join the train to make profits therefore it's becoming powerful.
Yup, that's right, I think that the major factor driving bitcoin to moon now a days is that the bitcoins are legalized in Japan and most of the Japanese people invest their money so they have found a new investment and it is a good one watching that a bitcoin was about $0.008 in start and now it is over $2k, so they can see huge gains with little investment and also supply is limited to only twenty one million coins only, so less coins and more demand....

One of the biggest reason why it goes up over these past years is because of this forum, there are thousands of people trying to get some bitcoin using these forum, and know that there are different ways to earn bitcoin and some are already in here. Giving the information they need about not just bitcoin but altcoins too, so basically this forum does some huge impact regarding bitcoin market, this forum expands the demand and made it to a different level.
i don't think it has that much big impact to bitcoin universally .

but i admit there is a good effect when people start active discussing , talking , asking here and there in this forum to know more about bitcoin and how to do a good business in bitcoin space , sometimes people get motivated too with other people story.
sr. member
Activity: 756
Merit: 253
May 22, 2017, 07:17:06 AM
I think we are gradually getting near global acceptance of Bitcoin and that's what is making it powerful by the day so in no time I'm sure there's going to be an even more increased demand which will skyrocket the prices of Bitcoin even further.
sr. member
Activity: 1484
Merit: 253
May 22, 2017, 07:14:11 AM
The bitcoin economy nowadays gains power and it becomea stronger due to it's not being controlled by government economy, it has an independent body. The transactions is a lot convenient and more safer, and that's the reason why bitcoin has it's better security of our money in every transactions done. Digital currency market is still developing and I can see better future in the economy of every developing countries, if bitcoin financial freedom will continue to be progressive.
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