It is a first currency which is virtual and had the value to zoom past 1000$ though it came down but still it has highest market cap as compared to alt coins. Also the various other altcoin cam and went away only few genuine still exists for now.
bitcoin has a remarkable capacity for a currency. bitcoin greatest strength is its use very easy. You will not find a currency such as bitcoin. believe that this is a reality. 
Topic: Why Bitcoin has power nowadays ? - page 34. (Read 26818 times)
This question is simple to make it straight to the point, the main reason why bitcoin has power is not the right question. The right question is what is the source of bitcoins power. The source of bitcoins power is the support of the community. Without the community bitcoin will not have any market value and so like all of the other coins. Secondly, the power is getting stronger due to bitcoins buying power. And so the cycle begins, trust gave birth to value, and value strengthens that trust. Thats how bitcoins power cycle works.
That's the nature of a decentralized network. Bitcoin has no physical value, it's only a data but yet here we are investing in it every single day. We invest our time and money in bitcoins even though we know that there's no company that we can blame or ask for help when something bad happens to your bitcoins. The trust of the users is the only thing that's giving bitcoins strength. There's no point or a certain source of bitcoin power, only the people that supports it. Without us, the bitcoin users, bitcoin will just be nothing.
It is a first currency which is virtual and had the value to zoom past 1000$ though it came down but still it has highest market cap as compared to alt coins. Also the various other altcoin cam and went away only few genuine still exists for now.
Well I think why bitcoin has power is because its potential is finally realised. It is no longer considered to be a ponzi scheme by outsider news programs but rather something that is bringing innovative ideas to society.
Bitcoin has the potential to solve many things and create a better standard of living worldwide. We just gotta use it the right way.
For now, bitcoin is power because still not yet mistake. But I still believe that future day we will have a best cryptocurrency that better than bitcoin. Many cryptocurrency expert predict that Monero or Etherium is better than bitcoin. Is will replace near day? Bitcoin has the potential to solve many things and create a better standard of living worldwide. We just gotta use it the right way.
People are beginning to realized the unique qualities of bitcoin. More importantly, they are seeing that there is a community of people that believe in Bitcoin and are using and investing in it. Bitcoin has become the new power in the world as we all know that all sides deal with it so it has to survive until it become the powerful source of life.
It has power nowadays because people are using it as a source of financial needs and their life depends from it, just like fiat money life is nothing without it due to its the source of life which can support of daily needs specially for foods which sustains life in the world. Bitcoin power is awesome specially on the purposes you can get from it like earning it through profitable ways like altcoin tradings, playing fun games at gambling sites and even signature campaigns btc is paid to you, ideas is worth paid of bitcoin.
Well I think why bitcoin has power is because its potential is finally realised. It is no longer considered to be a ponzi scheme by outsider news programs but rather something that is bringing innovative ideas to society.
Bitcoin has the potential to solve many things and create a better standard of living worldwide. We just gotta use it the right way.
Bitcoin has the potential to solve many things and create a better standard of living worldwide. We just gotta use it the right way.
Bitcoin can become the most powerful crypto currencies because it was the pioneer of the crypto currency and then bitcoin stability is better than other alt coins , the security and price also at a better level compare to other alt coin, the bitcoin stability price increasing is one of the reason people believe and keep on using bitcoin
the market penetration and reach bitcoin has being the first crypto currency is the reason it is rising above everyone's expectation and keep on rising but i wonder what will happen when the last block reward is mined i dont know whether the bubble will burst,only with time you would know that,at the moment it is well and great 
This question is simple to make it straight to the point, the main reason why bitcoin has power is not the right question. The right question is what is the source of bitcoins power. The source of bitcoins power is the support of the community. Without the community bitcoin will not have any market value and so like all of the other coins. Secondly, the power is getting stronger due to bitcoins buying power. And so the cycle begins, trust gave birth to value, and value strengthens that trust. Thats how bitcoins power cycle works.
People are beginning to realized the unique qualities of bitcoin. More importantly, they are seeing that there is a community of people that believe in Bitcoin and are using and investing in it. Bitcoin has become the new power in the world as we all know that all sides deal with it so it has to survive until it become the powerful source of life.
Communities are essentially one of the biggest determining factors for whether or not an altcoin is going to succeed or fail. Most of the time, an altcoin fails because it lacks that crucial factor - a dedicated community.Litecoin became a big thing because there was a community rallying behind it, same with dogecoin. Now, since the community became more silent, both have become more valueless and their relevance has drifted into the abyss of altcoins.
Communities will always be the single biggest power structure.
People are beginning to realized the unique qualities of bitcoin. More importantly, they are seeing that there is a community of people that believe in Bitcoin and are using and investing in it. Bitcoin has become the new power in the world as we all know that all sides deal with it so it has to survive until it become the powerful source of life.
Bitcoin can become the most powerful crypto currencies because it was the pioneer of the crypto currency and then bitcoin stability is better than other alt coins , the security and price also at a better level compare to other alt coin, the bitcoin stability price increasing is one of the reason people believe and keep on using bitcoin
the market penetration and reach bitcoin has being the first crypto currency is the reason it is rising above everyone's expectation and keep on rising but i wonder what will happen when the last block reward is mined i dont know whether the bubble will burst,only with time you would know that,at the moment it is well and great 
Bitcoin can become the most powerful crypto currencies because it was the pioneer of the crypto currency and then bitcoin stability is better than other alt coins , the security and price also at a better level compare to other alt coin, the bitcoin stability price increasing is one of the reason people believe and keep on using bitcoin
China, with its high rate of economic growth, plays an important role in the Bitcoin space. And in light of the findings of a recent report by Goldman Sachs, a huge influence in this country becomes apparent. The report shows that almost 80% of Bitcoin trading volume over the last six months have on the yuan. Surprisingly, only 19% of exchange passed on the US dollar and 1% Euro.
The fascination with bitcoin in China continues to grow, despite the fact that the people's Bank of China (PBOC), the country's Central Bank banned Bitcoin transactions at banks, retailers and payment operators, including Alipay and Tencent.
The fascination with bitcoin in China continues to grow, despite the fact that the people's Bank of China (PBOC), the country's Central Bank banned Bitcoin transactions at banks, retailers and payment operators, including Alipay and Tencent.
Bitcoin can become more powerful because it is the first crypto currencies that was created, and bitcoin has earned a lot of trust because it exists longer than other crypto currencies, and because it is decentralize, the more user it's mean more valuable the coin become
Also because of the value it gives to many lives in the entire world and the simplicity and transparency it has offer. It is here to stay and everyone will enjoy it. Everyone will always say about good of bitcoin because it has many potential to enhance our life style.It has very positive effect to peoples lives in terms of convenience in every aspect of money management.
Most people feel safer of their bitcoin accounts which they store in their wallets and make use of it of online transactions and it brings comfort and lot of saving time.
Bitcoin can become more powerful because it is the first crypto currencies that was created, and bitcoin has earned a lot of trust because it exists longer than other crypto currencies, and because it is decentralize, the more user it's mean more valuable the coin become
Also because of the value it gives to many lives in the entire world and the simplicity and transparency it has offer. It is here to stay and everyone will enjoy it. Everyone will always say about good of bitcoin because it has many potential to enhance our life style. 
There are several reasons why bitcoin is so powerful these days. As you can see, the number of people using Bitcoin is increasing rapidly day by day. That is the result of the digital and technology development. Bitcoin is currently used for many purposes such as buying and selling things on the internet as well as in the physical world. Bitcoin has many advantages which bring a lot of benefits to its user.
because there are a lot of people using bitcoin around the world nowadays, I think. it makes the transactions increase, so the price increases either that causes people are interested in earning bitcoin to fulfill their daily needs or to be a millionaire even billionaire.
Bitcoin have listed to 5 biggest transaction CMIIW. but in fact its not provide if the price will increase, its depends to demands and supply, i see now the price go more stable, its good actually, its provide buy and sell have a good strength and because the technology is unique than other payment processor, it more attract people to use it.
The same reason the gold rush happened, because of money. If Bitcoin didn't offer people a glimmer of hope that one day they could be rich, it wouldn't have nearly as much power today. Bitcoin was the first coin to make people money and for most people it is the safest bet for long term investment. Plus the vast majority of altcoins are only tradable against Bitcoin which means you have to buy Bitcoin first.
exactly, the possibility to earn is what the power of btc to each of us making us seen a good future ahead if the price will continue to rises up.
Bitcoin is powerful nowadays because more people starting to adopt bitcoin as part of their daily lives. And also more investor are lure because of they see the potential income in the fluctuation of bitcoin value.
The same reason the gold rush happened, because of money. If Bitcoin didn't offer people a glimmer of hope that one day they could be rich, it wouldn't have nearly as much power today. Bitcoin was the first coin to make people money and for most people it is the safest bet for long term investment. Plus the vast majority of altcoins are only tradable against Bitcoin which means you have to buy Bitcoin first.
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