Topic: Why is bitcoin the most popular cryptocurrency? - page 20. (Read 20685 times)

It can be because bitcoin has been allegedly a hoax for other net users but bitcoin has been a huge source of resource for those who seek money in the net stream. Bitcoin was also the very first cryptocurrency known to be used in various transaction in the main stream.

But actually, most of the cryptocurrency user choose altcoin instead of Bitcoin after understand the nature and the benefit of altcoin if compare the technology between altcoin to Bitcoin. Why do we need to spend much times to wait confirmation and spend many money for transaction through Bitcoin? Altcoin provide many chances to save these things with short time and cheap fees.

bitcoin is the first world crypto currency . the rate of bitcoin is so high . we can earn it very easily by many ways . there are many way that provides bitcoin .i think  as it is a first crypto currency and easy to earn that why it is so popular .

bitcoin is very popular because it has become the oldest of all crypto coins so it is only normal that most people already know that makes it popular unlike other coins just released like a year or two. There is an ETH that demonstrates the potential to be popular but not coin.bitcoin provides many opportunities for people out there to succeed at an easy age, and please spread this news so people out there understand what bitcoin

It is devilishly simple!)The first!!That is the reason))The pioneer is always the most respected)

Not just other forms of digital coins are exisiting now because of bitcoin, it is the first digi coin ever used to transact online without any intervention. Also bitcoin has a good transaction technology than any types of crypto.

Because its the pioneer of all cryptocurrency, most people only heard of bitcoin before they later know many ALTCOINS....

well since it's the father of all crypto currencies. besides not all crypto can be converted into fiat. you still need to convert it to bitcoin before to your local currency.

The reason of Bitcoin becoming so popular are mostly because of its’ characteeristics:

1.Decentralized in Nature: The bitcoin network isn’t controlled by one central authority. Every machine that mines bitcoin and processes transactions makes up a part of the network, and the machines work together. That means that, in theory, one central authority can’t tinker with monetary policy and cause a meltdown – or simply decide to take people’s bitcoins away from them.
2.It's easy to set up: Compared to traditional Bank account Bitcoin account can be set up in minutes or even seconds! No questions are asked or no fees are taken.
3.Anonymity: Users can hold multiple bitcoin addresses, and they aren’t linked to names, addresses, or other personally identifying information.
4.Transperancy: bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain. Still there are ways people can make it more opaque on Bitcoin network not using the same bitcoin addresses consistently, and not transferring lots of bitcoin to a single address.
5.Transaction fees are miniscule: May be themost important part. International transfers cost decent sum of money, but Bitcoin doesn’t.
6.Fast: We can send money anywhere and it will arrive minutes later, as soon as the bitcoin network processes the payment.
7.Broad applications: The more days passing by, people are getting educated about bitcoins. Now different governments US, Australia, Uk and even Un is thinking of using bitcoin and implement it in many government works. Many top companies like Delitte, Accenture, Wipro, HSBC have already either set up their lab or started extensive research on this.
8.Hedge against risk: As the currency value is constantly degrading and people are facing challenges to keep up with this volatile economy, more often they are finding it as a hedge / security against the currency devaluation.Most experts have pointed towards fears in China and Asia that the yuan could depreciate as reasons for increased investment in bitcoin.

I think bitcoin is the origin of all cryptocurrencies. It is the most popular cryptocurrency because it is the first crypto released and since then people slowly embrace it due to its great qualities. Within eight years in the industry, Bitcoin had proven something and build the trust of many people. Also, it is already an established one which makes a lot of people to join in Bitcoin other than in any crypto. Another reason is its promising value, it is increasing everyday. And now Bitcoin is widely accepted in many nations 

will for me in my interpretation with it bitcoin is the most popular cryptocurrency because it is the first crypto coin was made then followed by some crypto coins but the big name dominant in crypto world was BITCOIN and it is also a base of all crypto coin in any of the market today bitcoin is the king in crypto world and no reason that it is the most popular cryptocurrency.

Its the most popular coin because they started cryptocurrency. Without bitcoin, crypto will not have exist. Most of the exchanges are from fiat to bitcoin. And also, there are stores and services that accept bitcoins as payment and not to mention there are lots of bitcoin atms scattered all over the globe.

Bitcoin is the most popular, because its the first digital currency, that we can invest anytime and we can use in all over the world. Its easy to use, especially in paying our bills, it has no tax and fast in all transactions. The price is so expensive and it gives a good amount of profit. Bitcoin is only currency that the price is high, and in demand to the people, because of the popularity and the it gives more benefits to the people. Bitcoin have a great value compare to other currency, this is why bitcoin is so popular.

All crypto currency is hiding, bitcoin is best known for the number of features given bitcoin, no other crypto system that provides it. The latter system gives us cheap and fast online transaction facilities inside and outside the country and also without any taxes.

As you can see, all presented cryptocurrencies in 2017 began to grow in the course. However, this does not mean that each coin has become more expensive, there are many examples of unsuccessful development. This is due to many factors, so treat crypto money equally impossible.
Fame and get new types of coins. You need to understand that they are all very similar, because most cryptocurrencies were created by open source Bitcoin.

Price attracts investors it is true and many people are now using to invest in bitcoin because they are agree to make bright future in bitcoin, now many investors are again showing interest for bitcoin because price of bitcoin is very smart that we can easily earn form bitcoin in very short time.  It is famous among people because people known are if they are not having any money even then they can earn from bitcoin using signature campaign and bounty campaign.

Everyone knows cryptocurrency is bitcoin so i think it's natural to hear cryptocurrency then thing they know is bitcoin, not others and the first time I know is bitcoin.

Bitcoin, as the first cryptocurrency, is a pioneer of cryptocurrencies and as a base for cryptocurrencies, its appearance marks the advent of the crypto era.

Bitcoin was the first cryptocurrency which was working quite good. A lot of people know Bitcoin, even if they are not into cryptocurrencies.

Every other which does not have any financial utility will lose . Even if it is Bitcoin, I dont know much about dogecoin , Most of the coins are nothing but just copy paste of Bitcoin with adjustment in POW and coin supply.

1. Yes it is true developers are making a money, and I think its quite ok because world is now more programmable as compared to putting trust in the hand of Centralised institutes.

2. What do you mean by Scam ? The place I come from people call Bitcoin scam. India.

3. Cryptocurrency came into mainstream now, it is like any other tech like AI which will be a hit in next 10 years same thing will follow with that.

4. Money talks.