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Topic: Why Bitcoin has power nowadays ? - page 28. (Read 26790 times)

sr. member
Activity: 247
Merit: 250
January 04, 2017, 06:28:01 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.
to me i think that the reason is that bitcoin has more is that the users of bitcoin are too more and that is the reason that bitcoin has more in these days.
sr. member
Activity: 464
Merit: 250
January 04, 2017, 12:30:34 PM
Bitcoin will only last till its end no matter how many altcoins come into action.no altcoins will have so many potentials like bitcoins .even if it has so much potential like bitcoins it will be for a very short amount of time . Bitcoins will always be there.

It depends if it has active development and improve.
member
Activity: 70
Merit: 10
January 03, 2017, 07:22:10 AM
Bitcoin will only last till its end no matter how many altcoins come into action.no altcoins will have so many potentials like bitcoins .even if it has so much potential like bitcoins it will be for a very short amount of time . Bitcoins will always be there.
legendary
Activity: 1484
Merit: 1004
January 03, 2017, 07:06:59 AM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.
Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.
i just hope the resolution of bitcoin is to have a mass adoption
not just about the price only, we need more merchant to accept bitcoin
so people will more consider bitcoin as currency not an investment
spending bitcoin much more important than just hold it on.
hero member
Activity: 560
Merit: 500
January 01, 2017, 07:22:32 PM
Bitcoin is powerful from the days of its existence, because it has some value in terms of dollar or other currencies. I believe the true power is the support that bitcoin gained from more users, though its never promoted through different advertisement or through media's.
Bitcoin's power lies in the fact that it offers people financial freedom where no one can touch their wealth. That's what people nowadays are looking for.

Bitcoin is also functioning as a fantastic investment tool where people have the ability to use it as a hedge against whatever you can think of. It's a win win for people using it.

There are of course more beneficial features that Bitcoin offers, but these all combined will make sure that Bitcoin will continue to grow in the coming years.
One of the possibilities you mentioned is probably one of the best, which is the fact that Bitcoin brings great opportunities for people willing to make investments. Using Bitcoin there are fewer bureaucratic processes to trade, or to invest in projects. This simplifies things, and makes everything easier for both the investor and the business in which you are investing.
legendary
Activity: 1554
Merit: 1054
December 30, 2016, 03:04:31 PM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.
It is true that the price of the bitcoin can reach very high values but that does not mean that it will help it get stronger, if the price has reached 1200$ and then dropped means that the bitcoin has to work more on its stability, I guess if it becomes more stable in the future then only it will become very strong.
legendary
Activity: 1526
Merit: 1179
December 30, 2016, 01:03:34 AM
Bitcoin is powerful from the days of its existence, because it has some value in terms of dollar or other currencies. I believe the true power is the support that bitcoin gained from more users, though its never promoted through different advertisement or through media's.
Bitcoin's power lies in the fact that it offers people financial freedom where no one can touch their wealth. That's what people nowadays are looking for.

Bitcoin is also functioning as a fantastic investment tool where people have the ability to use it as a hedge against whatever you can think of. It's a win win for people using it.

There are of course more beneficial features that Bitcoin offers, but these all combined will make sure that Bitcoin will continue to grow in the coming years.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 30, 2016, 12:26:11 AM
Bitcoin is powerful from the days of its existence, because it has some value in terms of dollar or other currencies. I believe the true power is the support that bitcoin gained from more users, though its never promoted through different advertisement or through media's.
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
December 29, 2016, 11:40:33 PM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.
Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.
Surpasses the limit or the wall of the price doesn't mean it will make the next price rising will be much easier. look into the past statistics and you will realize why when bitcoin have reached above $1000 it's at a sudden fallin again into its lowest point, your saying that next year bitcoin could easily double the price really unreasonable
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
December 29, 2016, 11:09:50 PM
Yes bitcoin has more power when compared to other currencies because all other crypto's are completely depend on the bitcoin, even today market will crash once the bitcoin price is keep increasing means. Even many altcoin's tried to secure their position like bitcoin but not happened till now because the bitcoin user base are keep increasing and want to use this new technology even many people will attract to bitcoin in coming days.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
December 29, 2016, 11:02:08 PM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.
Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.
We cant still be assure that it would happen on bitcoin on next year but most of us are hoping and praying that next year would be a good year of bitcoin and could double again its value.Massive dump is still there since we cant hold the possible situations that might happen that's why its important to make use of bitcoin while its on peak price.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 29, 2016, 10:49:28 PM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.
Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.
legendary
Activity: 1484
Merit: 1004
December 29, 2016, 05:55:19 PM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.
hero member
Activity: 602
Merit: 500
December 29, 2016, 05:51:20 PM
Bitcoin has no power of its own.All power that bitcoin is supposed to command is come from the fact that its value is measured against USD.If dollar become strong ,bitcoin value will fall and so the so called power that it has
hero member
Activity: 588
Merit: 500
December 29, 2016, 05:42:15 PM
Bitcoin have power from the day it born. Bitcoin have power because of the technology behind it, blockchain. Now, blockchain getting more trust to apply in any important system like government, banks, and many more.
It makes bitcoin get stronger day by day.
yes i also agree with you, but to me i think bitcoin have also power because people are supporting bitcoin and that is the reason that the price of bitcoin is increasing continuously because the demand of bitcoin is increasing continuously.
hero member
Activity: 798
Merit: 503
December 29, 2016, 01:31:26 PM
The power it has is really in my own analysis is much but not absolute and its because Bitcin is the landmark of cryptocurreny if other coin had come earlier they would have such power... And the reason why I said it's not absolute is because the majority of people into Bitcoin are really into it because governments is shying away from that direction and when they are ready we will now decide whether Bitcoin is really powerful or its relying on others sluggishness...
hero member
Activity: 868
Merit: 500
December 29, 2016, 01:17:37 PM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
your government forbid bitcoin but you still using bitcoin anonymously so it is a good example that government can block bitcoin to fiat conversion transaction but they can not block using bitcoin. 
sr. member
Activity: 672
Merit: 250
December 29, 2016, 12:54:10 PM
This is because of the extraordinary rise in price, everyone thinks bitcoin is the only the most profitable investment. much of the media continue to preach it, so many famous people choose bitcoin to put their money.
Like who? I might not be that active when it comes to TV shows but I browse the internet a lot and I haven't found famous people preaching bitcoins around. I don't think the media even talked about it except for some social media pages that gives out posts about bitcoin. Most of the posts are negative, though, because of the popularity of bitcoin being used in the dark Net.

I don't think "everyone" thinks that bitcoin is the best investment right now since not everyone knows about bitcoin. Mostly just people that stays on the internet for a couple of hours every single day knows about bitcoin.

I strongly agree with what Fatanut said, though i'm also not a active news watcher nor i give a lot of attention to such things but i have never even heard something like this on internet where a famous person like a celebrity of someone talked about bitcoin, nor i heard a lot of people beside this forum saying that bitcoin is a great investment.
legendary
Activity: 2030
Merit: 1028
December 29, 2016, 12:45:03 PM
As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction
legendary
Activity: 1792
Merit: 1283
December 29, 2016, 10:34:51 AM
This is because of the extraordinary rise in price, everyone thinks bitcoin is the only the most profitable investment. much of the media continue to preach it, so many famous people choose bitcoin to put their money.
Like who? I might not be that active when it comes to TV shows but I browse the internet a lot and I haven't found famous people preaching bitcoins around. I don't think the media even talked about it except for some social media pages that gives out posts about bitcoin. Most of the posts are negative, though, because of the popularity of bitcoin being used in the dark Net.

I don't think "everyone" thinks that bitcoin is the best investment right now since not everyone knows about bitcoin. Mostly just people that stays on the internet for a couple of hours every single day knows about bitcoin.

I have not seen famous people using Bitcoins too, but I agree the volatility of Bitcoin makes many people have interest in buying it to start making profit. BTC is powerful now because it offers new opportunities to earn money on the internet, partially anonymously. Some people use it to practive illegal things, anothers use BTCs to have a higher quality life.

I particularly never saw before something so good to earn money online. It's totally different from anything from the past, like the PTC sites, Ponzi schemes and another unprofitable things. Who doesn't know about BTCs yet is losing time and money.
Depends who or what you call famous. I've seen quite a few Bitcoin references in famous tv-shows and people like Kim Dotcom have been pretty vocal about Bitcoin.

There was always the option to make money online, Bitcoin hasn't changed that in my opinion, in the past you could have just accepted Paypal.
Bitcoin is not some money making scheme in essence.
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