Why Bitcoin has power nowadays ? - page 24.

Sidas_Crew669

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Quote from: Franky00 on May 21, 2017, 08:40:13 AM

Quote from: swogerino on May 21, 2017, 08:29:32 AM

This is a simple question. I would remove that nowadays and only ask why bitcoin has power ? The answer is simple, because it has value, the same as why gold has power. This is even better than gold because it is pseudo-anonymous. A rich and wealthy person is a figure in our today society because it has power, same can be said about bitcoin. It has power because it gives power to the person holding it.

Yes, bitcoin is of great importance in the modern world, but it can not be compared with gold, because it is only a digital currency.

Hmm, this is a form of thought. If you are someone who has if the businessman, then going to see or find an example that is often used or heard by someone. Indeed basically bitcoin is a modern digital currencies very best give effect to all the people who use it, but indeed to be able to get an advantage we have to work hard. In addition to modern digital currencies, bitcoin can also greatly sought after for free. So, this is a revolution of the digital currencies are the best and deserve to be used

Gaaara

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Quote from: aakashsangwan on May 22, 2017, 06:43:11 AM

Quote from: szpalata on May 22, 2017, 02:39:41 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.

jerry23

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Bitcoin has a power because of its value aside of that bitcoins have a balance and no one is handling bitcoins.
Technology is improving nowadays also so better to keep some bitcoins for your future goodluck to us

aakashsangwan

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Quote from: szpalata on May 22, 2017, 02:39:41 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....

gabmen

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Quote from: szpalata on May 22, 2017, 02:39:41 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.

I agree the rise of btc's popularity in the past years increased the number of users which basically caused the price rate we're enjoying right now. I think people who promote btc are part of this btc emergence and eould have to be given credit as well.

szpalata

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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.

Sled

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Quote from: White Christmas on May 21, 2017, 09:54:08 AM

Quote from: groll on July 19, 2016, 09:37:15 AM

Bitcoin has power nowadays since many are using bitcoins online for investment and payment for job order. Aside from that the increasing price every year has attracted many users to invest in bitcoin. Many are also saving their money not on banks but purchasing bitcoins and save it on their wallet. Bitcoin is seen to be more safer than bank and offers high interest and you have it under your control.

Yes I think its because of what bitcoin can do. Bitcoin has a power because you can used it to buy, sell, invest and trade it. You can also save it with your own wallet in your desktop or phone. The power what can money is almost the same as bitcoin right now.

That is why bitcoin is getting a lot of power now a days because it is very easy to use as a money and also an investment and it can easily to multiply too. So there is no doubt that bitcoin has a lot of power and also because of the demand in the market and a lot of adoption so the power is getting more powerful than in past few years.

Pettuh4

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Bitcoin derives its power from the people, its decentralized and so regulated by demand and supply hence its power that yo seem to suggest comes from the demand for bitcoins all over the world and the daily consistent investments that people are making into it.

White Christmas

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Quote from: groll on July 19, 2016, 09:37:15 AM

Bitcoin has power nowadays since many are using bitcoins online for investment and payment for job order. Aside from that the increasing price every year has attracted many users to invest in bitcoin. Many are also saving their money not on banks but purchasing bitcoins and save it on their wallet. Bitcoin is seen to be more safer than bank and offers high interest and you have it under your control.

Yes I think its because of what bitcoin can do. Bitcoin has a power because you can used it to buy, sell, invest and trade it. You can also save it with your own wallet in your desktop or phone. The power what can money is almost the same as bitcoin right now.

HatakeKakashi

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Its because the price is conitously increasing and if you see the value of each bitcoin its already $2000. Everyear many country adapt and accepr bitcoin so the bitcoin become more powerful now and I think in the future bitcoin will become more popular to the other country and bitcoin will become trending because the price for sure increase. Bitcoin become brighter all the coin and bitcoin is top 1 again to the world of cryptocurrencies. MORE POWER TO BITCOIN LIVE LONG BITCOIN .

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Quote from: swogerino on May 21, 2017, 08:29:32 AM

This is a simple question. I would remove that nowadays and only ask why bitcoin has power ? The answer is simple, because it has value, the same as why gold has power. This is even better than gold because it is pseudo-anonymous. A rich and wealthy person is a figure in our today society because it has power, same can be said about bitcoin. It has power because it gives power to the person holding it.

Yes but I do think that bitcoin has not yet issued its real power because currently bitcoin users are only a few percent of the world's population and that's why traders think bitcoin prices can reach 1 million dollars.

v0rtecxz

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Mungkin karena permintaan pasar untuk bitcoin tinggi menyebabkan efek pada kekuatan bitcoint itu sendiri, banyak transaksi menerima pembayaran dengan bitcoint, apalagi untuk harga pasar cenderung dalam arah yang stabil, bitcoint sekarang menjadi mata uang virtual yang diminati banyak orang,

J Gambler

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THis is why bitcoin price continuously increasing doesn't mean bitcoin will be more powerful this coming year's it is maybe the demand of other country that they want to use bitcoin either. But if im going to ask if bitcoin can have a good future someday? It is yes It will become mre stronger and stronger than other people thought.

Franky00

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Quote from: swogerino on May 21, 2017, 08:29:32 AM

This is a simple question. I would remove that nowadays and only ask why bitcoin has power ? The answer is simple, because it has value, the same as why gold has power. This is even better than gold because it is pseudo-anonymous. A rich and wealthy person is a figure in our today society because it has power, same can be said about bitcoin. It has power because it gives power to the person holding it.

Yes, bitcoin is of great importance in the modern world, but it can not be compared with gold, because it is only a digital currency.

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This is a simple question. I would remove that nowadays and only ask why bitcoin has power ? The answer is simple, because it has value, the same as why gold has power. This is even better than gold because it is pseudo-anonymous. A rich and wealthy person is a figure in our today society because it has power, same can be said about bitcoin. It has power because it gives power to the person holding it.

Wintersoldier

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Quote from: yayayo on June 23, 2016, 09:58:48 AM

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!

Yes being the first crypto-currency ever exist is one of the best advantage of bitcoin to have more power on all other crytpo. If you have established a name in the market first the trust of the community will be in favor to you because it takes time to develop price and value and of course security for the users. Bitcoin also have more stock because the movement of its stock for the community transaction is also developing fast so the more support the more change in price happen. And as the bitcoin follows the principle of law of price and demand its price will set to increased and to pump for more businesses to be open on accepting bitcoin on their transaction.

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Quote from: Chachacoin17 on May 21, 2017, 06:35:41 AM

Bitcoin has power nowadays because its is popular now and it can give you financial income which is financial support. The bitcoin is going to harder now because it is the number one top now a days.

Yes, bitcoin is very strong because of its popularity, but it still needs to grow and improve so that its competitors can not destroy it.

Chachacoin17

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Bitcoin has power nowadays because its is popular now and it can give you financial income which is financial support. The bitcoin is going to harder now because it is the number one top now a days.

Question123

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Quote from: Sled on May 20, 2017, 09:27:02 PM

Bitcoin has already power now a days because of the support of the community that is getting stronger and also the continuous adoption of the people that making additional demands in the market that making the market of bitcoin even stronger than before so destroying bitcoin is getting harder and harder because of its power.

Right as of now the bitcoin is alreadt power because if you see the orice it is already $2000 more and It will continue to increase because we are in before halving and after halving for sure the orice will become double after that. The one reason also why bitcoin are now powerful compared to fast years its because many founrty adapt and accept bitcoin and many project will create and many big investor invest in bitcoin. So the bitcoin will becone number 1 top and many years will stay bitcoin to the top for sure.

Sled

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Bitcoin has already power now a days because of the support of the community that is getting stronger and also the continuous adoption of the people that making additional demands in the market that making the market of bitcoin even stronger than before so destroying bitcoin is getting harder and harder because of its power.

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