Why bitcoin is the most dominant? - page 7.

poldanmig

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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 bitcoin is very popular and bitcoin is indeed the first successful coin to succeed in cryptocurrency and until now bitcoin remains the highest value and price compared to other coins that keep popping up, that's in my opinion

Roadarks02

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Quote from: Juggy777 on April 27, 2018, 10:54:18 AM

Bitcoins also known as crypto king is the oldest and by far the highest searched crypto coin in the market. People associate crypto and block chain with bitcoins. It gives higher value in returns than any asset class in the market. You can remain anonymous and no need to pay tax what more incentive you want.

Bitcoin is the most dominant among all crypto it is because Bitcoin development core is very strong team and it has a reputation. Economics behind forking and changing the algorithm allows the companies, other parties to profits. This is why Bitcoin become globally dominant currency.

Gen-8

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Because Bitcoin is honest and real in developing its working procedures, as well as systems, as well as all of its programs.
Bitcoin has a target and also a dream to keep trying so that all its users and also the entire community in this world can be successful and also can feel happiness in their respective lives.
Bitcoin is becoming dominant today because there are already many people who have followed Bitcoin's work procedures, which they have felt and which makes them more confident of all these programs from Bitcoin for them to work and become the result of their fortune in the economy their respective lives.

nick_nick

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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.

Bitcoin is dominant among all cryptos because it is the pioneer in cryptocurrencies and the pace setter. Most people have trust and confidence in it and even people with little knowledge in cryptocurrencies think it all bitcoin when we talk of cryptocurrencies.

Xavierfr12

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Bitcoin is a most dominant because bitcoin is a biggest crypto currency because this is the first crypto currency invented in the whole world.

ir.yance

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bitcoin is more dominant because bitcoin is the first crypto currency created. many people know bitcoin rather than altcoin because bitcoin has a very expensive price so people are interested in bitcoin. in addition bitcoin is more famous because there are already countries that have received bitcoin as a valid payment instrument.

SMD.Shuvo

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This bitcoin seems really very impressive to me. This bitcoin is the king of all coins. Bitcoin prices are much higher. It will gradually get bigger in size. Many people of the country have benefited financially using this Bitcoin. Even this Bitakayena's work has benefited a lot financially. It has changed my life. Because of this, Bitcoin has become very influential.

karanggatak

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Because bitcoin is revolutionary of cryptocurrency/digital asset. bitcoin is the first to introduce blockchain technology because that bitcoin can have enormous value over other coins. if I say bitcoin is the mother of all coins in cryptocurrency so until whenever bitcoin will remain mighty in the world of cryptocurrency.

darkangel11

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Don't let others control your BTC -> self custody

There are multiple reasons, even more than you've given OP.
The most important are that it's widely known and recognized in the field that's new and unrecognized as a whole. Maybe 1 of every 100 people in the world has heard of BTC and knows what it is, while maybe 1 out of 500 knows some other altcoins. I don't know the real numbers, i'm only estimating here, but I know people who are tech savvy and they know barely anything about BTC and completely nothing about altcoins.

aleksej.rozhkov

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It's simple, bitcoin is the first among some kind of crypto currency, and on its platform other crypto currencies are created, and this is the determining factor of domination

safarabela

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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.

Bitcoin is most dominant because bitcoin is the first coin to open the crypto gate, and bitcoin has managed to gain trust from the public, and it makes many adopt bitcoin.

muhammedb

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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.

bitcoin is the most dominant not just because is the first cryptocurrency but because it has the highest potential

Josiah Dave Leonor

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Nowadays many coins are available all over the internet, and one the most dominant of it is bitcoin, bitcoin has lived for more than 10 years , and so many has already have a knowledge about it, many people use it everyday, invest on it, others makes it a living, others use it to earn money, so it is very dominant because it is the first crypto that is available , and now on our time , its the most expensive of them all

Juggy777

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Bitcoins also known as crypto king is the oldest and by far the highest searched crypto coin in the market. People associate crypto and block chain with bitcoins. It gives higher value in returns than any asset class in the market. You can remain anonymous and no need to pay tax what more incentive you want.

JSakya

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Simply because it was the first crypto currency that was in a successful path...

Anakcikal

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one in my opinion because bitcoin value is very expensive and also technology or cryptocurrency first?

Baofeng

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

Why bitcoin is the most dominant among all crytocurrencies?

Because its the first cryptocurrency to gain social acceptance throughout the world.

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

Is it because it is the first crytocurrency?

Its not the first crypto as far as I know, but its the first crypto that really took out.

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

Is it because of its popularity?

As bitcoin gain acceptance and recognition throughout its young career, it became a household name so obviously its became so popular specially last year when bitcoin peaked at $20K.

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

Is it because of its value?
Please enlighten me.

Just like I said, it become so popular that a lot of people, institution investors pour a lot of cash resulting in its value almost touching $20K a pop last year.

jomel

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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 will agree in all that you said. Bitcoin is the most dominant cryptocurrency because of that reason. First is that it is really the first cryptocurrency that we've ever used and because if that many people knows it so it became popular to them and for most of the country that using cryptocurrency. And also one factor why bitcoin is being dominant it is because of the value of bitcoin, we all know that the bitcoin value is much higher compare to altcoins so many people are investing on it.

Sofiamnc

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I think it all starts with Bitcoin being the FIRST digital currency. As for many pioneers in different field, by simply being the first one, bringing to the world a new brilliant concept and in this case a proper revolution, if this concept is good enough to catch the wide audience attention as for Bitcoin, then yes, your popularity increases, your system improves -because it has the chances to be tested and adjusted. And then of course, the more it is traded, the higher the value Wink

MoonJeina

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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.

This is the biggest reason why bitcoin is so much dominant .
was the first currency and all other altcoins are totally inspired by bitcoin and want to achieve what bitcoin has achieved in these years . People had put their trust on it in the past and they are still continuing to do it as it is the most anticipated of all .
Moreover , we can all see bitcoin totally manipulated the whole market and the slight downfall leas to downfall in other coins too .

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