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Topic: Why Bitcoin has power nowadays ? - page 8. (Read 26804 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
September 16, 2017, 06:20:38 AM
Bitcoin has power nowadays because of the fact that transactions in Bitcoins are fast, cheap and anonymous which makes transfer of funds from one place to another very very easy. Moreover Bitcoin has one of the fastest growth rates which makes it a better investment option.
Bitcoin has a power nowadays because of the demand and the user of bitcoin already increased and they are keep on going up and that is why a lot of people are into bitcoin and they already made bitcoin powerful and the more the users will get into bitcoin even that is poor or rich then bitcoin will become more powerful in the future.
sr. member
Activity: 317
Merit: 250
September 16, 2017, 04:46:33 AM
Bitcoin has power nowadays because of the fact that transactions in Bitcoins are fast, cheap and anonymous which makes transfer of funds from one place to another very very easy. Moreover Bitcoin has one of the fastest growth rates which makes it a better investment option.
sr. member
Activity: 284
Merit: 250
September 16, 2017, 04:35:02 AM
The more large investors invest in bitcoin, the stronger it becomes. And now there is a very important event - the whales lowered the price to make a purchase. This means that the cena will soon fly up
newbie
Activity: 26
Merit: 0
September 16, 2017, 04:15:34 AM
Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or confidence in the center (such as fiat currency). In short, Bitcoin is supported by math. With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment.
hero member
Activity: 1610
Merit: 507
September 16, 2017, 02:48:34 AM
with so many people know bitcoin, bitcoin todays have the power to increase and reach more user and to be famous in many places. but today, bitcoin have been test by decreasing of the price and its down too deep but soon the price will go up again. soon bitcoin will have more power when more user is join and getting involve in bitcoin world.
sr. member
Activity: 532
Merit: 250
Presale is live!
September 16, 2017, 12:11:08 AM
Bitcoin has power, but the reality is it is losing market share to Ethereum and ETH-based tokens in the crypto world and has been this entire year. Every day new services are coming out left-and-right that people are putting money into instead of Bitcoin.
full member
Activity: 532
Merit: 101
September 15, 2017, 11:29:17 PM
Because all eyes will be on bitcoin, we all know that bitcoin is the first so it will always be the top choice for fans of cryptocurrency. In addition, bitcoin is always a reference for trading with altcoin.
They are famous because everyone wants to invest into them. Those who have just heard a word of digital currencies are even ready to invest into bitcoins because of the recent prices bitcoins reached in the month of August after Segwit execution. In the coming days, the power of bictoisn wills tremendously increases further.
newbie
Activity: 42
Merit: 0
September 15, 2017, 11:20:23 PM
Bitcoin has power nowadays, base in my observation more person want to invest in the terms of bitcoin and to earn money use gadget even if where place we go. Bitcoin is popular now , most of the students are expensive their time in bitcoin to help their financial problems. Since bitcoin was help to us , we could to promote and set as legal and be informational to help other to give hope to other future
sr. member
Activity: 574
Merit: 251
September 15, 2017, 10:25:08 PM
I think the most important thing is the user, we all know that bitcoin users spread all over the world and all look loyal so bitcoin has a strong power, in addition to users, of course is a developer who continues to innovate.
full member
Activity: 237
Merit: 100
September 15, 2017, 08:53:30 PM
Bitcoin has power nowadays because it is the 'only currency' that isnt affected by a government. I think people like this freedom, and its a market with high liquidity.

Yeah your right, I think bitcoin is the one way that can people survive for their daily life. Bitcoin have freedom for anything and the government dont care about bitcoin.
legendary
Activity: 2562
Merit: 1441
September 15, 2017, 06:24:38 PM
I still think that a high proportion of finance, investment and business is devoted towards expedient short term gains which sacrifice long term value. Maybe you can see it with large corporations and boards of directors. They have a tendency to focus on having higher profit margins every quarter. Perhaps to the exclusion of building long term value or growth.

An oversaturation of focusing on short term gains to the expense of long term value could create a vacuum where investments/finance/businesses which focus on building long term value, like bitcoin, can thrive. It might be fair to say some of bitcoin's success is due to it being a great creator of long term value during a time when there is a dire need for it in the world.

For the average person wanting to create long term wealth there can be many barriers, obstacles and hurdles for them to overcome. Bitcoin could simplify this process drastically making long term value available to all.
sr. member
Activity: 434
Merit: 250
September 15, 2017, 06:09:40 PM
Bitcoin has no energy of its own.All control that bitcoin should charge is originated from the way that its esteem is measured against USD.If dollar wind up noticeably solid ,bitcoin esteem will fall thus the supposed power that it has.

You literally look at the word power as source of energy. It means that power in terms of popularity in the world of financial. And I don't think bitcoin/esteem will fall we see on how it is pumping just like today. A while ago the price of bitcoin is near to get back at $2,000 but now it's now pumping and +$700 for this day only, this is why bitcoin has power in the market.

yes the great strength of bitcoin is ensured to every user even though the bitcoin population is still quite a bit of the world's population but the bitcoin strength of the crypto mamompa market price is on the rise again, and now the bitcoin price has reached $ 3754 for now.
and we hope this will be a good sign for the future development of bitcoin because with this price increase it is certainly a good support for business actors in bitcoin.
newbie
Activity: 56
Merit: 0
September 15, 2017, 05:37:04 PM
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!
I agree that bitcoin is first of all. Hopefully someday the bitcoin will not be lost and it might be more powerful.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
September 15, 2017, 05:31:46 PM
Bitcoin has no energy of its own.All control that bitcoin should charge is originated from the way that its esteem is measured against USD.If dollar wind up noticeably solid ,bitcoin esteem will fall thus the supposed power that it has.

You literally look at the word power as source of energy. It means that power in terms of popularity in the world of financial. And I don't think bitcoin/esteem will fall we see on how it is pumping just like today. A while ago the price of bitcoin is near to get back at $2,000 but now it's now pumping and +$700 for this day only, this is why bitcoin has power in the market.
newbie
Activity: 42
Merit: 0
September 15, 2017, 05:21:50 PM
You have answered the issue of yourself just by declaring about the enhance of volumes exponentially which means Bitcoin as of proper now has a lot more demand in comparison to any other cryptocurrency. With that getting said and to preserve my answer short the main cause why Bitcoin is far more powerful than other individuals is simply because of the demand from customers it has in which numerous folks are employing it for buying and selling and transacting, in which the cryptocurrency entire world is aware of.
full member
Activity: 155
Merit: 100
September 15, 2017, 01:27:53 PM
Bitcoin has no energy of its own.All control that bitcoin should charge is originated from the way that its esteem is measured against USD.If dollar wind up noticeably solid ,bitcoin esteem will fall thus the supposed power that it has.
legendary
Activity: 1862
Merit: 1015
September 15, 2017, 04:23:48 AM
as increased use and demand for bitcoin has now made them dominate the crypto world. Many people invest in bitcoin because of its potential potential in a short time making bitcoin stronger by itself and People are beginning to treat bitcoin as a long-term investment that is increasing their demand. Bitcoin is getting stronger and bitcoin prices are also getting higher

As for now , bitcoin is crash down due Chinese ICO got ban but yeah.. as we know that bitcoin is risky investation so anything can happen so if you want to make profit, decide what do you want to choose ! Let say , if you want to be investor, keep hold your bitcoin no matter what happen, don't do any panic sell
full member
Activity: 378
Merit: 103
September 15, 2017, 04:20:50 AM
as increased use and demand for bitcoin has now made them dominate the crypto world. Many people invest in bitcoin because of its potential potential in a short time making bitcoin stronger by itself and People are beginning to treat bitcoin as a long-term investment that is increasing their demand. Bitcoin is getting stronger and bitcoin prices are also getting higher
hero member
Activity: 3024
Merit: 651
September 15, 2017, 03:46:56 AM
Bitcoin nowadays is presented for a new campaign of future , it's the first crypto currency that was accepted all over the world. So many investors in the world own it and they want it to expand Bitcoin's power, so their invesment will be success making them profit.

Yes. It had become an asset and we all know every assets like commodities really grow in value.
Just a little push in advertising and Voila! a new invesment will come offering a better service unlike.any money transfer. Good definitions made it this strong but as time goes it all changed to just an investment. It will go back to being a currency but not for now.
hero member
Activity: 644
Merit: 500
September 15, 2017, 03:41:12 AM
The reason why bitcoin has now power because some of the governments around the world are now legalizing it.
it's not only the reason. The other reason is, Bitcoin has so many supporters so that the demand in the market is increasing. And also the price of Bitcoin nowadays is increasing so it gain more power. the users attracted to bitcoin because they can earn from it and they can use it to buy goods in easier way.
Though gold is an old type of investment still it has large market and great number of investors. There is no doubt that people love to use gold as an ornamental thing but on the other hand, bitcoins provide you countless methods of spending them. Bitcoins and gold are the best investments in the current market.
True. The reason I think behind it is none other than but the profit and money which Bitcoin is giving to its investors. If we see the graph of market price and number of investors, we’ll get to know that number of investors have increased every time when there is an increase in the market price.
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