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Topic: Why Bitcoin has power nowadays ? - page 9. (Read 26817 times)

full member
Activity: 126
Merit: 100
September 14, 2017, 01:45:51 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.
full member
Activity: 124
Merit: 100
September 13, 2017, 10:55:26 PM
Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.

Actually bitcoin has lot of restriction regarding to governments insights since they doesn't adopt it yet and some of the big countries banned it nor doesn't take it seriously, But despite of that restriction Bitcoin goes hard and little by little the adoption and the price of it getting stronger and this will be the biggest asset of bitcoins to remain on top and to gather more prices and users in future.
countries can ban anything they want. Internet requires some way to do payments more adopted to the virtual space where the Internet exist. This requirement is a native force that will always drill holes in any bans.
sr. member
Activity: 1358
Merit: 253
September 13, 2017, 10:05:21 AM
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.
sr. member
Activity: 952
Merit: 274
September 13, 2017, 08:14:04 AM
The bitcoin has power nowadays because many people are now using bitcoins. Many rich and billionaires are also investing in the bitcoin. The power of the bitcoin is depend to its price.
hero member
Activity: 1022
Merit: 503
September 13, 2017, 08:10:46 AM
I believe that power determines by high value or being rich.
Some people now base their treatment unto someone or something base on its power.
Before only less people are interested in bitcoin but when the price boomed in the market it turned out everybody wants to have some pieces of it. Just look at the other altcoins, they call it shitcoins because of its value and few people just want to invest. Bottom line is, history always repeats itself.
hero member
Activity: 826
Merit: 529
September 13, 2017, 05:40:53 AM
obviously, there are some positive sides in Bitcoin which make it the powerful in the monetary market. at first, I would like to mention the price value. day by day the price value is increasing at a high rate. secondly, it has the facilities of anonymous service so anybody can use this platform, even hackers would choose this system for the security and finally, it has a low rate of fee system so it is becoming a popular platform for the transaction purpose.
sr. member
Activity: 504
Merit: 252
September 13, 2017, 05:04:55 AM
Theres just two reasons why it has power and why it is the most wellknowned cryptocurrency up to date.Simply because just like what other users said bitcoins is the basis of all altcoins,the first one to be born.And despite the big investors behide bitcoins

Being the first is always a good point. Because even if the rest that followed have been thinking about it, since they are still not the first one to create it, they will still be considered followers. They will be thought of inspired by the first. Bitcoin though is the real first in the crypto world. It is the father of cryptocurrencies. Hence the power.
member
Activity: 112
Merit: 10
BitcoinTalk Manager
September 13, 2017, 04:47:33 AM
1. first cryptocurrencies .

2. high security

3. easy mining for first 10 years

4. hackers use it
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
September 13, 2017, 02:16:26 AM
Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.

Actually bitcoin has lot of restriction regarding to governments insights since they doesn't adopt it yet and some of the big countries banned it nor doesn't take it seriously, But despite of that restriction Bitcoin goes hard and little by little the adoption and the price of it getting stronger and this will be the biggest asset of bitcoins to remain on top and to gather more prices and users in future.
Despite of all of that challenges, bitcoin still proved that bitcoin is not that easy to break down or easy to erase in the internet and even a lot of bad news are always coming up and a lot of countries are banning and disliking bitcoin then we can still see bitcoin that is growing on its price and slowly getting accepted in different countries.
hero member
Activity: 826
Merit: 1004
September 13, 2017, 01:44:20 AM
This topic might be 1 year old but it is more relevant in today's time than a year ago. Few factors which makes it powerful is surely because it's the first type so it will have the most trust undoubtedly, second of all it can be purchased online mostly from any country you reside.
Second reason it has power is because of the value anything in the world which has a high value and someone owns it means he has the power.
Thirdly it is most easy and safest way in the world for boycotting tax without needing to bribe anyone .
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
September 13, 2017, 12:16:43 AM
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.
It is easy to understand that the forces that deal with bitcoins still allow it to exist because Bitcoin really grows and they can not cope or control it. Besides, they want their economy to grow like Bitcoin so they let it survives
full member
Activity: 181
Merit: 100
September 13, 2017, 12:05:33 AM
Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.

Actually bitcoin has lot of restriction regarding to governments insights since they doesn't adopt it yet and some of the big countries banned it nor doesn't take it seriously, But despite of that restriction Bitcoin goes hard and little by little the adoption and the price of it getting stronger and this will be the biggest asset of bitcoins to remain on top and to gather more prices and users in future.
full member
Activity: 124
Merit: 100
September 12, 2017, 11:58:39 PM
Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.
legendary
Activity: 2383
Merit: 1551
dogs are cute.
September 12, 2017, 11:46:35 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.
Bitcoin doesn't technically have any sort of power I guess, it's just people 's preference that makes it popular, I am not very much sure about it, correct me if I am wrong. You also mentioned bitcoin has to survive until it becomes the powerful source of life,well it doesn't work like that, bitcoin being intangible cannot be the most powerful source in the world.
member
Activity: 99
Merit: 10
BITDEPOSITARY - Make ICO's , More Secure
September 12, 2017, 11:33:02 PM
I think in it characteristic is better than the current currency. And also people give it value so it is being worth. Even government can not control bitcoin.
sr. member
Activity: 1484
Merit: 276
September 12, 2017, 11:26:31 PM
Theres just two reasons why it has power and why it is the most wellknowned cryptocurrency up to date.Simply because just like what other users said bitcoins is the basis of all altcoins,the first one to be born.And despite the big investors behide bitcoins
sr. member
Activity: 294
Merit: 252
September 12, 2017, 11:21:10 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.
For me, bitcoin has power nowadays because basically it is the first one to appear in the cryptocurrancy world and it has the strong impact into business society. Many use it and make a business with it. Many wanted to earn bitcoins that is why many work online boom one of the reason bitcoins.
full member
Activity: 490
Merit: 101
September 12, 2017, 11:17:05 PM
Because the bitcoin users are constantly on the rise, we all know that the strength of bitcoin is very dependent on users and community, the more users of course the more power.

the popularity of bitcoin makes it strong and expensive. Therefore, we should tell everyone about bitcoin.
I am glad that many countries are taking crypto. But I am very upset by China and its prohibitions
sr. member
Activity: 1428
Merit: 252
September 12, 2017, 11:06:08 PM
Because the bitcoin users are constantly on the rise, we all know that the strength of bitcoin is very dependent on users and community, the more users of course the more power.
sr. member
Activity: 462
Merit: 250
September 12, 2017, 06:58:57 PM
Bitcoin is powerful nowadays because it's a digital currency to earn and invest easily.The transaction is very fast and we send btc to other wallet very quickly.this is a legal currency and it's not affect the government also.
I can say that the bitcoin has power nowadays because many people are now using bitcoin. The power of the bitcoin is depend to its price. I can say that the price is the main foundation of the bitcoin.
yes that is very right to say that bitcoin has more power because of the interest of the people. i am sure that the popularity of bitcoin will be increasing because the number of bitcoin users throughout the world are increasing and they are exchanges the idea of bitcoin withe their relatives and friends and therefore bitcoin users are increasing from time to time and making bitcoin more powerful.
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