Topic: Why Bitcoin has power nowadays ? - page 35. (Read 26792 times)
Bitcoin has a lot of potential power ever since. We just didn't believe in it on the start. Bitcoin is the first crypto-currency ever, it's the most successful one. If ever there are altcoins out there that would rise and get a lot of investors, it will increase the popularity of bitcoin. Bitcoin is very popular now and a lot of people uses it. Some establishments are starting to accept it too which gives bitcoin more exposure to the public.
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
Yes the keyword is trust. Bitcoin has proven itself to be trustworthy for 6 years already and with that facts people experienced how effective and that it has a purchasing power and it has a value. With the peoples trust placed on the coin more and more people are invited and excited to try this new currency online. Bitcoin has reached the hearts on online users and it will stay long especially when its price goes higher and higher.
Bitcoin is powerful because it's growing fast and it's having many features different than fiat and the other crypto currencies, that's why it's keep growing and get used fast by people everywhere
Also bitcoin is powerful because i think bitcoin is first crypto currency made before altcoin are appears. Also bitcoins before are growing until bitcoin is popular because of the price increase fast and the price hit at 1k value.. ..
After that some altcoin are appearing.
#IMO
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.
In fulfilling my daily needs i do not rely it with bitcoin alone, I cannot live a life without a consistent income and we know that bitcoin cannot give us consistent income unless we are an exceptional trader and gambler as well. I need to have a job which I already did and my earnings sometimes are being use for trading to grow my income for both.We should not fully rely on bitcoin and its earning opportunities because its not fixed and stable as you said it cannot give us incosistent profits in able to gain that we should make some investments . Trading and gambling would not really assure you for long term unless you are very good at it. Building exchange sites and gambling sites itself would possible give you amounts of profits but still most of us dont have the capability to invest into these things because it would really need big capital.
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.
In fulfilling my daily needs i do not rely it with bitcoin alone, I cannot live a life without a consistent income and we know that bitcoin cannot give us consistent income unless we are an exceptional trader and gambler as well. I need to have a job which I already did and my earnings sometimes are being use for trading to grow my income for both. 
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 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
Yeah the more the adopters and investor goes to bitcoin the price of the bitcoin goes up too.If all people knows bitcoin, bitcoin can be a future money in far future. Bitcoin has power nowadays because bitcoin is a currency with much favorable features. with bitcoin we do not need to keep our money with any third party like bank.
Yeah this is making bitcoin supreme crypto currency because we can already use it for different transactions as long as you are going to agree with your deal partner.
And as of now the power of bitcoin is limited because the people that are using it are still not so many and also the stores.
And if mass adoption will happen then for sure that is going to make bitcoin more power.
It is an overstatement when you say that bitcoin is leading or major force in financial world. Not now, not yet. With market cap of $10 billion it is still rather insignificant asset.
At least compared to standard FIAT based services and banking. For comparison - Paypal sittin at $50 billion market cap and it is only simple money processing service.
Bitcoin is whole new concept, the biggest financial network and currency itself - conclusion: BTC is still undervalued
At least compared to standard FIAT based services and banking. For comparison - Paypal sittin at $50 billion market cap and it is only simple money processing service.
Bitcoin is whole new concept, the biggest financial network and currency itself - conclusion: BTC is still undervalued
In fact, it is far from being the biggest financial network out there. Visa, Mastercard, SWIFT, whatever are orders of magnitude greater than Bitcoin. How many transactions, for example, Visa is processing per second, and how many does the Bitcoin network? Even more so, wouldn't the latter just collapse under the payload that the fiat payment system are typically processing?
Whether Bitcoin is undervalued is also another big if
Its power is only based on the traders confidence.
We support the price. Without us, BTC price would be zero
We support the price. Without us, BTC price would be zero
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
I think it just gives a little effect, I'm sure someday will present a better coin than bitcoin, this coin was not born first but will become popular
Bitcoin has power nowadays because bitcoin is a currency with much favorable features. with bitcoin we do not need to keep our money with any third party like bank.
It is an overstatement when you say that bitcoin is leading or major force in financial world. Not now, not yet. With market cap of $10 billion it is still rather insignificant asset.
At least compared to standard FIAT based services and banking. For comparison - Paypal sittin at $50 billion market cap and it is only simple money processing service.
Bitcoin is whole new concept, the biggest financial network and currency itself - conclusion: BTC is still undervalued.
At least compared to standard FIAT based services and banking. For comparison - Paypal sittin at $50 billion market cap and it is only simple money processing service.
Bitcoin is whole new concept, the biggest financial network and currency itself - conclusion: BTC is still undervalued.
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
Bitcoin is powerful because it's growing fast and it's having many features different than fiat and the other crypto currencies, that's why it's keep growing and get used fast by people everywhere
yeah I know bitcoin continues to grow day by day, users continue to arrive and it keeps getting stronger bitcoin. but I do not think it can replace fiat 
Because bitcoin is the first in its generation and many users are accepting and spending it and still counting. people trust bitcoin thats why its still the number one digital currency that recognizes by many.
Bitcoin has many advantages, it's easy to use structure, fees of using bitcoin and many other advantages could make it powerful, it is not the problem of being first, it is very unique.I also think Bitcoin unique. I trust Bitcoin and think it is a very good investment. We just need to wait a little longer, and its price will be high. The rest cryptocurrency I trust less.
Because bitcoin is the first in its generation and many users are accepting and spending it and still counting. people trust bitcoin thats why its still the number one digital currency that recognizes by many.
Bitcoin has many advantages, it's easy to use structure, fees of using bitcoin and many other advantages could make it powerful, it is not the problem of being first, it is very unique. 
Because bitcoin is the first in its generation and many users are accepting and spending it and still counting. people trust bitcoin thats why its still the number one digital currency that recognizes by many.
The first comer has big advantage. There are many other coins having better features, but their price is quite low.
Because bitcoin is the first in its generation and many users are accepting and spending it and still counting. people trust bitcoin thats why its still the number one digital currency that recognizes by many.
So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies ?
The main advantage of bitcoin over all other crypto-currencies is the fact that bitcoin has been there ever since and alt-coins would have not existed in the first place if bitcoin didn't. Also, the trust has been earned already by bitcoins. Unlike bitcoin, altcoins usually become a scam coin after a few weeks or after having a failed project. Bitcoin also has many transactions per second and does not go stagnant after a while. The main advantage of the bitcoin is that is the oldest digital currency and has more users. But the other digital currencies are catching up.
It is the oldest cryptocurrency out there (the first one), but this has nothing to do with its digital nature, since most "real" currencies exist primarily in digital form...
And it has been so for decades already
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