Why bitcoin is the most dominant? - page 4.

Dread Pirate Roberts

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Quote from: sham100899 on April 27, 2018, 05:44:47 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.

My vision about bitcoin its not only because he was the first but its was because almost all crypto if you sell. what you get is BTC in other words PAIR with BTC so when market btc down the price will have an effect. that's why bitcoin is so dominant in the market. and also not in deny bitcoin is the main crypto currency.

Naughty Princess

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Quote from: kavindra on April 28, 2018, 12:19:50 PM

I think bitcoin is so dominant because bitcoin is the beginning of crypto currancy, after the appearance of many other crypto currancy bitcoins appear, so bitcoin will remain popular and will remain the number one

As bitcoin is the foundation of all crypto currencies, it is dominant for it usage because you can use it for different transactions having less fee. There will be no other crypto created without bitcoin because it is supported by it. It is mostly use by investors to out their money in order yo earn more profit as its price in the market increase.

askabir6

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being first and all that surely has helped bitcoin in being the dominant cryptocurrency by a great distance from the rest but it is not the main reason for it. the real reason is the usage of bitcoin and the fact that it is delivering on the promises.

ogtejiri

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bitcoin is the most dominant because of the great idea behind it, its flexibility and transparency for transaction not to mention being the first ever cryptocurrency. it has fought all obstables unlike other cryptocurrencies that later came up after bitcoin has created way

laryillary

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Bitcoin is the first and most popular existing crypto currency. Its capitalization is several times larger than that of other digital means of payment. In this system, most sellers, buyers and the number of transactions, which makes it highly liquid. It is also in the development of bitcoins that investors and entrepreneurs invest most of all their resources and resources, which makes it a highly competitive means of payment. Source: "What bitcoin differs from other crypto currency?"

mangkanor

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Quote from: sham100899 on April 27, 2018, 05:44:47 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.

Because bitcoin was the first of its kind,the popularity amongst the people doesnt matter at all as long your you keep your bitcoins and altcoins in a safe place.You should know bitcoin is being traded by most of the altcoins which is why bitcoin's value shouldnt under estimated as it dictates the whole market,if bitcoin is going to dump or push the market up.

Dico88

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For me bitcoin is the first crypto currency created. Many people know bitcoin than altcoin because bitcoin has a very expensive price so people are interested in bitcoin. Bitcoin is more popular because there are already countries that have received bitcoin as a legitimate payment tool, but there are also some countries that prohibit it for crime. Cool

Rarahumaira

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Yes that is true because bitcoin is the first cryptocurrency. So you can say why bitcoin is very famous. And even now bitcoin is starting at the top because of new investors.

ridwan99

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i think .at now bitcoin is worldwide .There is no other reason for this. Technically, bitcoin is much weaker than many crypto currency. Such as coins like Ripple or NEM. However, since he was the first he is the most popular. There are a lot of people who know only bitcoin from all crypto currency.

Alfiah

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I think because it is the first cryptocurrency. but i'm not sure that bitcoin is the most dominant, ethereum is the most dominant right now.

kavindra

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I think bitcoin is so dominant because bitcoin is the beginning of crypto currancy, after the appearance of many other crypto currancy bitcoins appear, so bitcoin will remain popular and will remain the number one

pedagang2

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in my opinion, bitcoin is the mother of her other coins. therefore bitcoin is more dominant than its other coins.

HiringYou

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Bitcoin is dominant out of all cryptocurrencies due to various features it provides to it's users.It is the finest investment asset of present era as it provides more profits than any other cryptocurrency.It can be converted into any type of currency such as dollars, rupees etc.It allows it's users to transact money within and outside the country.These transactions are fast and cheap also.Bitcoin is decentralized in nature because it is not under the control of any government which make Bitcoin transactions anonymous.Bitcoin also provides it's users a way to earn some money.It also allows it's users to keep an eye on their money. These are some reasons due to which Bitcoin is better than other cryptocurrencies.

Virtual miner

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Quote from: sham100899 on April 27, 2018, 05:44:47 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 eventually it was only bitcoin that rocked the entire crypto market. That is why eventually it gained all the popularity now it has. People had formed a trust on the bitcoin and this trust lead them to have a long term bearing in this market. Gradually there was entry of new comers like etherum and others in the market. Investors diversified their portfolios but the value and the position of the bitcoin did not change in their perspectives.

And as far as the value of the bitcoin is concerned, it has increased over time. So it has always been a factor in attracting more and more customers on its way. Right now also we can see that the market for bitcoin has started to become green and investors are yet again impressed by the movement of bitcoin in the market.

bolbau

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yes bitcoin as the first type of cryptocurrency that exists, becomes one of the reasons why bitcoin is so strong. the bitcoin branding that has been built over the years makes it more familiar to the common people. it can be said that for the common people, bitcoin = cryptocurrency and cryptocurrency = bitcoin.

Theonethatgotaway

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Quote from: derihendra on April 28, 2018, 10:39:00 AM

if in my opinion, why the bitcoin of its price is fast rising, because bticoin is the first crytocurrencies, bitcoin is famous, its exchange a lot, its transaction is also easy to do, besides bitcoin also have community, I'm sure its bitcoin price increasing every year

Bitcoin is the most dominant cryptocurrency since it is the first digital money being introduce to the cyber world. Bitcoin is not static it is constantly improving. Also bitcoin is known worldwide and it is being used in some of the countries.

Pikachu12

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Because bitcoin is the first coin in crypto. And its price is much higher than the rest altcoin. So it's the most% fought in this market

derihendra

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if in my opinion, why the bitcoin of its price is fast rising, because bticoin is the first crytocurrencies, bitcoin is famous, its exchange a lot, its transaction is also easy to do, besides bitcoin also have community, I'm sure its bitcoin price increasing every year

Vendetta666

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Bitcoin is dominant because of the price. This is valuable and profitable. And also this is the first cryptocurrency to know the people. It has a strong security to make a transaction's safe and fast. And this is the people's first love.

xandra

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Quote from: sham100899 on April 27, 2018, 05:44:47 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.

The most reason why bitcoin is the most dominant it's because it has the most highest value of all coins. People love it most for it open an opportunity to people to earn income or profit.

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