Why Does BTC growing faster?? - page 3.

Kelvinid

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Quote from: bengsabeng on November 09, 2021, 11:32:32 PM

Quote from: Gosgosking on November 03, 2021, 02:23:47 PM

Btc grow faster because it's Bitcoin 😄. Bitcoin is first digital cryptocurrency others cryptocurrency are imitation of Bitcoin. It is growing faster because it has more value than other cryptocurrencies. It is growing faster because it rules over others.

yes i agree with you, for that reason bitcoin is currently the king of all altcoins. there will be no altcoin that can match bitcoin, when the price of bitcoin goes up most of the altcoin prices also go up and vice versa. When you hear the word crypto most of someone's mind immediately turns to bitcoin because bitcoin is indeed the most popular cryptocurrency.

What do you mean by King of Altcoins? Sorry but it was not Bitcoin, I think you are referring to ETH.

But anyways, it was found reasonable of seeing Bitcoin become on the top among cryptocurrencies. The higher demand and its usefulness, it drives Bitcoin to become more valuable than any other crypto. From $0, $10k, $69k, and it continues to grow, that is something remarkable to tell. This is it means that many had to appreciate Bitcoin and they realize that this was a great investment opportunity. In fact, even rich people are getting involved with this to prove that they also foresee how it become a valuable asset in the future.

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Quote from: Shamm on October 23, 2021, 08:43:57 AM

Why does btc growing faster than other Cryptocurrencies?

I think it has to do with it being the anchor of most if not all cryptocurrencies...and in this regard it acts as the leader

Quote from: Shamm on October 23, 2021, 08:43:57 AM

What makes people chooses bitcoin?

-In the crypto ecosystem its a known name or brand if you like.
-Its among the assets with the most liquidity.
-Bitcoin has made some people rich and others use it to try and relive or replicate this success.

Quote from: Shamm on October 23, 2021, 08:43:57 AM

Does bitcoin going up forever?

Go up forever, that is a definite no!!

Bitcoin price moves in a wave like motion which means it will swing from below then Up and then down again & this keeps repeating itself, which is why certain times markets are bullish and certain times they are bearish....and on certain days markets are kind of in an equilibrium(buyers=sellers) .

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Quote from: Shamm on October 23, 2021, 08:43:57 AM

Why does btc growing faster than other Cryptocurrencies?

What makes people chooses bitcoin?

Does bitcoin going up forever?

I think bitcoin growing faster because people found out that it is useful in our modern world. Many institutional investors buy bitcoin this year and it will become double in the next year, so there is a big possibility that Bitcoin will rise double than it's price today.

bengsabeng

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Quote from: Gosgosking on November 03, 2021, 02:23:47 PM

Btc grow faster because it's Bitcoin 😄. Bitcoin is first digital cryptocurrency others cryptocurrency are imitation of Bitcoin. It is growing faster because it has more value than other cryptocurrencies. It is growing faster because it rules over others.

yes i agree with you, for that reason bitcoin is currently the king of all altcoins. there will be no altcoin that can match bitcoin, when the price of bitcoin goes up most of the altcoin prices also go up and vice versa. When you hear the word crypto most of someone's mind immediately turns to bitcoin because bitcoin is indeed the most popular cryptocurrency.

Slow death

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Quote from: Shamm on October 23, 2021, 08:43:57 AM

Why does btc growing faster than other Cryptocurrencies?

Because of the Bitcoin ETF approval announcement look it up in the news

Quote from: Shamm on October 23, 2021, 08:43:57 AM

What makes people chooses bitcoin?

because it's safer and big companies and governments are choosing bitcoin and of course any investor who loves their money follows the wave of big players

Quote from: Shamm on October 23, 2021, 08:43:57 AM

Does bitcoin going up forever?

nobody knows that

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Quote from: ?? on ??

Quote from: Gosgosking on November 03, 2021, 02:23:47 PM

Btc grow faster because it's Bitcoin 😄. Bitcoin is first digital cryptocurrency others cryptocurrency are imitation of Bitcoin. It is growing faster because it has more value than other cryptocurrencies. It is growing faster because it rules over others.

Maybe that's one of the reasons, but don't forget also, what bitcoin does is a successful development from before, a lot of things they have done, from development, promotion and other things that affect it, not only because of the first cryptocurrency that exists, so they easily get a position and sell value as it is now, if that's the only reason, maybe bitcoin will not be able to maintain a sell value as stable as this.

An additional reason is that bitcoin was have a real decentralized means, in all cryptocurrencies that have claimed real decentralized, bitcoin has held that title and because of that bitcoin now is the main currency that will be used as a payment system. So now, the more exciting is there are a lot of countries that were adopting bitcoin and start legalizing it under their jurisdiction, so instead of banning this, they use it as their tools when it comes to financing. This could be the reason why bitcoin keeps growing and growing each year because of its real usage.

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it's because bitcoin is the beginning of all crypto. with so many new projects, people will also be interested in bitcoin and expect profit or even as an asset

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Quote from: bitzizzix on November 03, 2021, 01:09:56 PM

Quote from: perfect999 on November 03, 2021, 10:06:42 AM

Quote from: Questat on November 02, 2021, 05:43:59 PM

snip...

We can call Bitcoin as father of this crypto world because just after this all we have some very good things in life and many better technologies coming and improving our lives. Bitcoin is growing faster because it is decentralized form the control and freedom of funds the network offers is a big advantage just because of these peoples love this system and having good confidence which is the main reason for growing this very quickly in this world.

Even these advantages are not liked by many countries and authorities, so they are having some stick laws and regulations for controlling this all which are fail but having some effects on its community.

And besides that everyone needs an easier, tax-free, faster, more secure, transparent and efficient exchange base that is bitcoin. and the freedom to use it without being controlled or managed by the central bank and all we control ourselves.
and the real reason why bitcoin is growing faster is because the demand and supply in the market continues to grow because they believe bitcoin is a promising asset and investment that can provide good returns.

And yes, they never fail. Investing in Bitcoin is such a great opportunity (some don't see it) and the reason why the demand keeps on growing, not fast though but as we can see, it grows continuously making a huge spike almost every year. And we have to expect such growth if all countries are supporting crypto and much more if that is officially legalized and accepted as a mode of payment by major establishments.
I can't assume that Bitcoin will stay forever but might possible and it turns out become a huge crypto investment.

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Quote from: ?? on ??

Quote from: Gosgosking on November 03, 2021, 02:23:47 PM

Btc grow faster because it's Bitcoin 😄. Bitcoin is first digital cryptocurrency others cryptocurrency are imitation of Bitcoin. It is growing faster because it has more value than other cryptocurrencies. It is growing faster because it rules over others.

Maybe that's one of the reasons, but don't forget also, what bitcoin does is a successful development from before, a lot of things they have done, from development, promotion and other things that affect it, not only because of the first cryptocurrency that exists, so they easily get a position and sell value as it is now, if that's the only reason, maybe bitcoin will not be able to maintain a sell value as stable as this.

The first mover advantage of bitcoin is massive, some see the development of bitcoin as too slow compared to other coins but when so much money is at stake it makes sense to only implement new functions when you know for sure there is not going to be any mistake that can kill the network, this means that bitcoin has gained the trust of the community over the years, trust that is indispensable for any form of money to have and that so far no coin even comes close to garner it from the community.

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Quote from: Gosgosking on November 03, 2021, 02:23:47 PM

Btc grow faster because it's Bitcoin 😄. Bitcoin is first digital cryptocurrency others cryptocurrency are imitation of Bitcoin. It is growing faster because it has more value than other cryptocurrencies. It is growing faster because it rules over others.

This is yet another reason and one of the most powerful ones why bitcoin is by far the best coin in the market, the majority of the other coins present no innovation and are just copies of bitcoin with a few modification and the developers of those coins have the audacity to call their coins better than bitcoin or the next bitcoin when that is never going to happen, this is the market of bitcoin and if a developer wants to surpass bitcoin and satoshi they will have to develop something even better and completely original, something that I do not think I am going to see during my lifetime.

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BTC appears to go sideways quite alot I think like now so in price terms its not growing but that isnt a negative. Or at least I cant assume this present action is a negative when we are at such elevated levels and not suffering any regular decay.

The underlying growth of BTC is irregular but long term we do have year to year growth regardless of price, more are likely to use BTC in some way. Once familiar people may start using BTC more and hence we can snowball growth, this can equate to exponential change but I think BTC is far slower and steady over the very long term then we actually recognize. If we return to the 200 week average I wont be too negative though its obviously low sentiment at that time, right now we have no reason not to expect bullish action over 12 months.

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Btc grow faster because it's Bitcoin 😄. Bitcoin is first digital cryptocurrency others cryptocurrency are imitation of Bitcoin. It is growing faster because it has more value than other cryptocurrencies. It is growing faster because it rules over others.

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Quote from: perfect999 on November 03, 2021, 10:06:42 AM

Quote from: Questat on November 02, 2021, 05:43:59 PM

It becomes special among others and one of the fastest-growing coins in the market. But we can't eliminate the volatile nature of the market and make things before unpredictable. The UPs and DOWNs is very usual to see in Bitcoin (that is probably because of the changes in regards to demand and supply) but above all of these things, it becomes more interesting and the people are also hopeful for their future.

We can call Bitcoin as father of this crypto world because just after this all we have some very good things in life and many better technologies coming and improving our lives. Bitcoin is growing faster because it is decentralized form the control and freedom of funds the network offers is a big advantage just because of these peoples love this system and having good confidence which is the main reason for growing this very quickly in this world.

Even these advantages are not liked by many countries and authorities, so they are having some stick laws and regulations for controlling this all which are fail but having some effects on its community.

And besides that everyone needs an easier, tax-free, faster, more secure, transparent and efficient exchange base that is bitcoin. and the freedom to use it without being controlled or managed by the central bank and all we control ourselves.
and the real reason why bitcoin is growing faster is because the demand and supply in the market continues to grow because they believe bitcoin is a promising asset and investment that can provide good returns.

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Quote from: Questat on November 02, 2021, 05:43:59 PM

It becomes special among others and one of the fastest-growing coins in the market. But we can't eliminate the volatile nature of the market and make things before unpredictable. The UPs and DOWNs is very usual to see in Bitcoin (that is probably because of the changes in regards to demand and supply) but above all of these things, it becomes more interesting and the people are also hopeful for their future.

We can call Bitcoin as father of this crypto world because just after this all we have some very good things in life and many better technologies coming and improving our lives. Bitcoin is growing faster because it is decentralized form the control and freedom of funds the network offers is a big advantage just because of these peoples love this system and having good confidence which is the main reason for growing this very quickly in this world.

Even these advantages are not liked by many countries and authorities, so they are having some stick laws and regulations for controlling this all which are fail but having some effects on its community.

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Quote from: Natalim on November 02, 2021, 11:53:28 AM

Quote from: TheEconomists on November 01, 2021, 03:34:25 PM

Bitcoin value grow faster just because are more people adopting it on a daily basis and that make the demand curve higher than the supply curve. Bitcoin price will continue to grow because as more people adopting it the higher its market value because Bitcoin supply is limited and that alone is a strong sign that it will continue to grow. Why people believe in Bitcoin as compared to others is because of the people has for Bitcoin.

The growth of any coin will definitely base from its own adoption and how the community reacts or benefits from it. No wonder bitcoin is growing faster than any crypto coin because it dominates the crypto market in the first place and so its even gaining more recognition from its users and holders. And with the blockchain technology that bitcoin brought to us, there is a big assurance that bitcoin is safe and more secured having it as an investment and as a currency. But behind all those positive things about bitcoin, there has never been a guarantee that it will always grow forever. It has its own pump and dump season so its price will be in constant change. However, despite of its volatility, bitcoin value will always lead into a more greater value and will definitely won't stay dumping for a long time.

It becomes special among others and one of the fastest-growing coins in the market. But we can't eliminate the volatile nature of the market and make things before unpredictable. The UPs and DOWNs is very usual to see in Bitcoin (that is probably because of the changes in regards to demand and supply) but above all of these things, it becomes more interesting and the people are also hopeful for their future.

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Quote from: Natalim on November 02, 2021, 11:53:28 AM

Quote from: TheEconomists on November 01, 2021, 03:34:25 PM

Bitcoin value grow faster just because are more people adopting it on a daily basis and that make the demand curve higher than the supply curve. Bitcoin price will continue to grow because as more people adopting it the higher its market value because Bitcoin supply is limited and that alone is a strong sign that it will continue to grow. Why people believe in Bitcoin as compared to others is because of the people has for Bitcoin.

The growth of any coin will definitely base from its own adoption and how the community reacts or benefits from it. No wonder bitcoin is growing faster than any crypto coin because it dominates the crypto market in the first place and so its even gaining more recognition from its users and holders. And with the blockchain technology that bitcoin brought to us, there is a big assurance that bitcoin is safe and more secured having it as an investment and as a currency. But behind all those positive things about bitcoin, there has never been a guarantee that it will always grow forever. It has its own pump and dump season so its price will be in constant change. However, despite of its volatility, bitcoin value will always lead into a more greater value and will definitely won't stay dumping for a long time.

With Bitcoin always dominating the market from the start, and the limited supply of Bitcoin, while the demand for Bitcoin continues to increase.
Finally making Bitcoin experience very fast growth, just imagine Bitcoin managed to reach the new ATH price twice this year. This makes many
new people more curious about Bitcoin and start joining to invest in Bitcoin. Even so, there is no guarantee that Bitcoin will continue to grow forever,
and Bitcoin is also an asset with a fairly high risk. So make sure before investing in Bitcoin, to first learn how Bitcoin works. So that we can get
the maximum benefit from Bitcoin. And can avoid making wrong decisions, which can make us lose money.

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Quote from: Botnake on November 01, 2021, 04:30:54 PM

one thing is certain with bitcoin, it will not always goes up since it has high volatility that any time we can see it pumping or even dumping its value in times when we least expect it.

It is going faster but it will not always go up (this depicts the nature of bitcoin markets).

I believe bitcoin is growing faster for the reason it is not able to grow all the times due to whales and other manipulators. They start dump after bitcoin reaches some peak levels. So, it need to grow faster within some period of time where whales and all others allow it to do so. This might be a pitfall in the designs of bitcoin because 50% of total bitcoin supply was mined out in the first 4 years itself which made many whales and they still control bitcoins for their benefits.

Over the period of time, when more people adapt bitcoins, whales will lose their controlling power which might lead bitcoin to have continuous growth that might be in slow and steady manner. As of now, I am not having any problem with bitcoin's rapid growing nature, moreover I am just enjoying it.

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Quote from: TheEconomists on November 01, 2021, 03:34:25 PM

Bitcoin value grow faster just because are more people adopting it on a daily basis and that make the demand curve higher than the supply curve. Bitcoin price will continue to grow because as more people adopting it the higher its market value because Bitcoin supply is limited and that alone is a strong sign that it will continue to grow. Why people believe in Bitcoin as compared to others is because of the people has for Bitcoin.

The growth of any coin will definitely base from its own adoption and how the community reacts or benefits from it. No wonder bitcoin is growing faster than any crypto coin because it dominates the crypto market in the first place and so its even gaining more recognition from its users and holders. And with the blockchain technology that bitcoin brought to us, there is a big assurance that bitcoin is safe and more secured having it as an investment and as a currency. But behind all those positive things about bitcoin, there has never been a guarantee that it will always grow forever. It has its own pump and dump season so its price will be in constant change. However, despite of its volatility, bitcoin value will always lead into a more greater value and will definitely won't stay dumping for a long time.

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Quote from: uneng on November 01, 2021, 05:54:17 PM

Bitcoin is growing fast these days because people have finally realized fiat currencies are a trap which drain their purchasing power along the time. Traditional investments aren't so attractive also, because there is some uncertainty in the air about the global economy in general. On the other hand, bitcoin looks great, as it has a futuristic vibe which opened the doors for the development of the financial system while respecting the individual privacy of the adopters (at least in its essence, although we know centralized institutions do what they can to change this characteristic of bitcoin).

In addition, the significant growth of bitcoin can certainly have a systematic impact on the global financial system, because crypto, especially bitcoin, has developed rapidly and is starting to be connected to the traditional financial system today, and now many people are starting to realize that investing in bitcoin is clearly more profitable because bitcoin is indeed has a fluctuating nature compared to other investment assets such as shares, securities and so on. In addition, the current development of financial technology also encourages bitcoin to grow rapidly because many traditional banking industries have begun to adopt the blockchain system to make it easier for their customers.

uneng

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Bitcoin is growing fast these days because people have finally realized fiat currencies are a trap which drain their purchasing power along the time. Traditional investments aren't so attractive also, because there is some uncertainty in the air about the global economy in general. On the other hand, bitcoin looks great, as it has a futuristic vibe which opened the doors for the development of the financial system while respecting the individual privacy of the adopters (at least in its essence, although we know centralized institutions do what they can to change this characteristic of bitcoin).

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