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Topic: Why bitcoin is the most dominant? (Read 759 times)

jr. member
Activity: 322
Merit: 1
May 01, 2018, 01:39:02 AM
Bitcoin is one of the most dominant currency in the whole world because of its popularity.Bitcoin is the most trusted currency in the world.Moat of the people are felling danger to invest to buy a currency because most of the currency are scammed.In this reason people do not interested to invest there money but when its time to bitcoin thy feel very safe with it.Bitcoin is a dependable name in modern time.People invest there money in bitcoin without any tension.This is the main reason to bitcoin the most dominant currency in the whole world..... Smiley Smiley Smiley Smiley Smiley


Your ever Smiley
member
Activity: 700
Merit: 10
May 01, 2018, 01:34:56 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.

I think its because many people already think that bitcoin is gold in digital world. As gold in digital world and have limited supply, that factors bring bitcoin hunted by many people to invest and hoping the price always increase
full member
Activity: 336
Merit: 100
May 01, 2018, 01:32:23 AM
Bitcoin is the most dominant because its reliability is highest compared to other virtual currencies and its rapid development and to achieve today's value is a boom in its strong value. Many investors believe and choose to invest in it because they believe in the great economic potential that it will bring to future investors more  what they invest at this timecompare
member
Activity: 218
Merit: 10
I AM HAPPY TO BE A TRADER
May 01, 2018, 01:05:36 AM
Its because almost all of us using bitcoin in peer to peer transactions, cash out and converts to fiat money and even in tradinh we always using bitcoin before we can do conver to another altcoins for example (you have 100 DRG and you want it to convert to steam) before you can convert to your DRG to STEEM you have to convert you DRG to BTC first and BTC to STEEM.
full member
Activity: 364
Merit: 100
May 01, 2018, 01:02:03 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
I think it is because bitcoin has proved in the past few years that it should be trusted that is why it gained so much popularity. The popularity also affects its price because many investors are investing on it. Other new altcoins are not reliable because some of it are useless or sometimes called as shit coins. Not all new releases must be invested to,you need to understand it first before investing. That is the exact opposite of bitcoin, you do not need to worry about investment because it is legit and trusted.
newbie
Activity: 76
Merit: 0
May 01, 2018, 12:59:59 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.

It's because among all coins available in the market bitcoin is the most expensinve and popular among all crypto.
newbie
Activity: 112
Merit: 0
May 01, 2018, 12:54:52 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.

Yes this is the leading crypto for now because many investors trust the capability of bitcoin.
member
Activity: 378
Merit: 10
May 01, 2018, 12:54:03 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
I think it's because many investors trusted this currency as compared to those altcoins and now the popularity has been higher a bigger chances that this can attract more buyers or investors to join and take part of this currency.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
May 01, 2018, 12:51:09 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.

I guest you mention already almost all of the reasons why bitcoin is the most dominant crypto currency of all, i just want to add also the because bitcoin is the center of almost all exchanger. And in some exchanger before you can change to another crypto you have to convert your altcoin first to bitcoin before you can buy deferent altcoins or even cash out.
sr. member
Activity: 1176
Merit: 252
May 01, 2018, 12:40:03 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
Bitcoin is an influential currency, because this is a credible currency, bitcoin has gained credibility among the people.bitcoin can easily be converted to other currencies.bitcoin can easily buy essential products.currently, most of the world's countries are using bitcoin.and ATM cards are used for payment.
it could be all right. it's because bitcoin becomes the number one cryptocurrency that exists today, and that's really a priority for us all. even I am sure that all of us must try to collect bitcoin in large quantities to be resistant in the long run.
full member
Activity: 308
Merit: 100
May 01, 2018, 12:37:50 AM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
Bitcoin is an influential currency, because this is a credible currency, bitcoin has gained credibility among the people.bitcoin can easily be converted to other currencies.bitcoin can easily buy essential products.currently, most of the world's countries are using bitcoin.and ATM cards are used for payment.
full member
Activity: 350
Merit: 100
April 30, 2018, 11:21:55 PM
all of your statements are right, we all know that bitcoin is dominant in this world, its because bitcoin is popularity in investor, the investor in the wolrd curious about bitcoin and want to try investing in bitcoin, so its makes bitcoin is more popular and dominant in the market and this forum.
full member
Activity: 429
Merit: 102
April 30, 2018, 10:24:20 PM
bitcoin is the most dominant among all cryptocurrencies, this is because bitcoin is the first time ico is made, and as you say, bitcoin popularity is very good in the public eye, many people are interested because the price is very expensive and very suitable for long-term investment

I agree since it is the very first cryptocurrency to be introduced I think it would be normal for bitcoin to dominate the market as it has become the vanguard of cryptocurrency to the world. People have set their expectations to other cryptocurrencies based on bitcoin and its characteristics making it the most ideal cryptocurrency in the market.
It is dominant as everyone looking for to have it for investment. Bitcoin become more expensive in the market which everyone can use for fast transactions all over the world. Its usage catch attention to every people which make to have shortage for the supply that make increase for its price where the holder can gain huge profit.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 30, 2018, 10:18:33 PM
bitcoin is the most dominant croyptycurrency, because of, it's popularirty makes it the most dominant cryptycurrency in this wotld.

The government actions and media coverage is more focused on Bitcoin, despite the fact that its market dominance has come down to around 37%. The other cryptos such as Ethereum and Litecoin remains mostly invisible to those outside the crypto-currency sector.
newbie
Activity: 153
Merit: 0
April 30, 2018, 10:08:13 PM
Bitcoin is the dominant cryptocurrency because of what you mention. If the bitcoin is not the first successful cryptocurrency then maybe the bitcoin is not above the current food chain. Also bitcoin becomes very popular with the public because of its value trend, it started as centavos but now its value in thousands of dollars. Bitcoin its value will become more fanatical.
newbie
Activity: 82
Merit: 0
April 30, 2018, 09:01:34 PM
Bitcoin becomes dominant because Bitcoin has a very good level of trust in the public. Bitcoin has the confidence to use and be an investment.because bitcoin is the most popular virtual currency, it is because in developed countries have started legalize bitcoin as a legal transaction tool.
newbie
Activity: 113
Merit: 0
April 30, 2018, 08:18:14 PM
bitcoin is the most dominant croyptycurrency, because of, it's popularirty makes it the most dominant cryptycurrency in this wotld.
member
Activity: 200
Merit: 10
April 30, 2018, 08:14:30 PM
It's because bitcoin is the first cryptocurrency, the first cryptocoin trusted by the people. Bitcoin dominates cryptocurrency from the beginning until now because many of us are believing bitcoin that it gives us hopes to earn high and most of all we trully believe that bitcoin will helps us to achieve our ambition to live an easy life someday thru bitcoin.
hero member
Activity: 3052
Merit: 606
April 30, 2018, 06:52:13 PM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
In my opinion, because bitcoin is the first cryptocurrency to ve ever created, and the length of how long bitcoin has been going on in the market, it has accumulated a lot of investors and users through the years. Making it increase in value time after time, increase in popularity as well, and now, a massive increase in its value that made the internet go crazy for bitcoin.

Exactly.Bitcoin is the most dominant since it is the mother of all cryptocurrencies.Its value increases even more as time goes by,and its popularity becomes widely having all the investors that are putting their trust and confidence in bitcoin.And nowadays,bitcoin has become the most trusted and most profitable cryptocurrency since its price had reached to a new heights again.
sr. member
Activity: 1484
Merit: 253
April 30, 2018, 06:33:30 PM
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
Bitcoin becomes dominant because Bitcoin has a very good level of trust in the public. Bitcoin has the confidence to use and be an investment. Bitcoin is superior to other coins, I strongly believe in Bitcoin because it has started many people who accept Bticoin and already many places that recognize Bitcoin as a medium of payment. So I strongly believe that Bitcoin can be a globally recognized currency.

Exactly, in the bitcoin was already proven on it's usage and capability to the users as they have a huge trust on it. Also, bitcoin will able to provide those people in needs as they can earn just an extra income and eventually to be lucky enough it could reach as much as monthly salary. I believe soon bitcoin will be more valuable as it's value is still increasing as time passes by.
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