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Topic: Why is bitcoin the most popular cryptocurrency? - page 24. (Read 20685 times)

full member
Activity: 212
Merit: 100
I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
I think is bitcoin is the oldest so definitely it has already itself. And now people are going into bitcoin because the price really surge in the last couple or years or so. While others try to catch up with bitcoin, however the hype on that coin died down and we didn't see the so called flippening. And more people are also learning how to earn bitcoin through trading and investment portfolio as well.
newbie
Activity: 179
Merit: 0
Because bitcoin is first digital currency and have high vallue and having nice future.
only bitcoins made a blockchains which has been the defining feature it had over the others, and bitcoin its been the oldest of all cryptocurrencies to be made.



Bitcoin is the most popular cryptocurrency it's because of its success as the first cryptocurrency in the world. Not just that it is about with the trust ratings and positive comments from there investors. The more they advertised Bitcoin the more it is known and must trust by people.
member
Activity: 279
Merit: 13
Because bitcoin is first digital currency and have high vallue and having nice future.
only bitcoins made a blockchains which has been the defining feature it had over the others, and bitcoin its been the oldest of all cryptocurrencies to be made.
member
Activity: 88
Merit: 11
Yup you have a point there it is the first successful cryptocurrency that's why it is really popular and it is the genuine one out of all crypto most people are really sure that bitcoin is not scam unlike those new altcoins that is coming out from nowhere.
jr. member
Activity: 150
Merit: 1
I believe bitcoin is the most popular Cryptocurrency because it was the very first of all cryptocurrencies to be made. All altcoins circulating is based on bitcoin algorithm.
newbie
Activity: 308
Merit: 0
Because BTC is the very first coin in the Crypto market. Every altcoin is pair with bitcoin. It's base coin of the market Smiley
newbie
Activity: 13
Merit: 0
Because of the rise of the bitcoin. Everybody was talking when it becomes so fast expensive.
newbie
Activity: 294
Merit: 0
I believe that the whole economy has stepped forward, bitcoin became the first coin which the world saw, so it is considered the most important, all Altcoini are moving behind it, this coin has not yet revealed its full potential, in the near future we are waiting for a breakthrough
full member
Activity: 179
Merit: 100
Bitcoin earned its title the mother of all crypto currency because bitcoin is the very first and  oldest crypto currency to exist not to mention almost every traders,  even common people, and investors know bitcoin. What I meant was bitcoin is dramatically popular many people come to join amd discover the wonders and capabilities of bitcoin mainly in changing their lives.
jr. member
Activity: 182
Merit: 1
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
Well all I know is that bitcoin is the first I heard of in cryptocurrency world. It is also popular because people are making it and they are testifying to it. This way more people get to know about it and join.
full member
Activity: 182
Merit: 100
You are right when you say bitcoin popularity is due to the fact that it's the first crypto that started the evolution of virtual currency but let's also consider that another reason for its popularity is its market value and the speculation of its potential growth to become even more valuable in the near future because of that its demand grows rapidly as investors become aware and interested and sees an opportunity of a good investment.
member
Activity: 112
Merit: 10
Bitcoin recently become popular because of its value and the possibility of earning money through it is what has caused the general uproar apart from some other nuances about the currency's potential.
member
Activity: 560
Merit: 13
Yep, bitcoin is not only the oldest of all coins but the founder and breakthrough concept of blockchain technology invented by bitcoin which all the other crypto currencies are into it. Normally people call as master computers or super computer where unsolved things solved by a computer which will be owned by the top software giants, unlike this block chain technology like super computer is used by common people now who knows some knowledge to install and run, this is called mining. By this way bitcoin is not only peer to peer but technology wise also it is peer to peer.
member
Activity: 97
Merit: 10
There are many reasons.

- First ever crypto currency
- Anonymous
- Decentralized
- Fast and secure
- One click payment sent.
- Great profits
- Known by almost everyone.
- Better then gold
- No age restrictions
- Free to use
- Easy to earn
- Easy to use

It is a great investment and many users are coming towards it every day and it is getting popular. The reasons are mentioned above.

I doubt the las 3 points
Free to use? What is the meaning of free? Trading? Mining? You  eed capital for it or you mean bounty? Then yeah it is
Easy to earn? I barely have 1 full btc LOL
Easy to use? For you and most of us here yes, but for average person not really. Blockchain is quite complicated for non tech newbies

Many of the features listed are actually shared by other cryptocurrencies, so they are not unique to Bitcoin. The question is why is Bitcoin specifically more popular. Bitcoin is the first and most popular cryptocurrency. Most people don't even know about other cryptocurrencies and think Bitcoin is what the whole cryptocurrencies thing is. Obviously, it has huge brand recognition.

But These things don't mean that Bitcoin can't be surpassed though. If you look at market capitalization, until the beginning of the previous year, Bitcoin was like 95% of the entire market. But since then other ones, especially Etherium has been gaining market share. There was actually a time during the middle of the previous year when the market cap of Bitcoin and Etherium got kind of close.

I think that another cryptocurrency can become more popular than Bitcoin if it has some innovative new features. These can be about ease of use, better security features, or even something like lower power consumption (mining) because then it would be touted as being part of a green economy and would attract attention from environmentalists.
For example, another cryptocurrency that has been gaining great popularity very recently is Ripple. It has some innovative new features, and so much so that some analysts are saying that it should even be considered a cryptocurrency in the way that Bitcoin is.


member
Activity: 238
Merit: 11
In the global financial market bitcoin was the first digital currency.Soon after this began to appear and many other cryptocurrencies. But their cost is much less than bitcoin. Bitcoin still holds the position of leader. The amount of the world is limited.As it is reducing the price of bitcoin will continue to grow. Therefore, many people prefer bitcoin.
member
Activity: 365
Merit: 10
Apart from been the first to be introduced among the cryptocurrency bitcoin values is very high as compared to others and many people have used it in real life. Bitcoin trading made it easy for poor people to be rich.
newbie
Activity: 149
Merit: 0
Bitcoin was the first cryptocurrency invented back in the way 2009 bitcoin nobody this new technology but today, today cryptocurrencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.
legendary
Activity: 2058
Merit: 1015
Aside from being the father of all crypto. It has also the biggest community. It's been around for how many years and a lot of users and company invested on it that makes the price goes high resulting in being top 1. There's no alt yet that come close to where btc has achieved.
full member
Activity: 157
Merit: 100
bitcoin becomes the most popular because bitcoin is the first created cryptocurrency and much of the current circulating altcoin is based on the bitcoin algorithm
hero member
Activity: 1078
Merit: 501
I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Yeah, there are also a lot of altcoins that are not scams and one of them is dogecoin, ethereum is also best altcoins I encountered. Bitcoin is the most popular of all because it is the first and the leading crypto currency of all. All of us know that. It has a big potential that it can grow more and can make other people rich. Some people became rich already because of it that's why bitcoin is popular among them all.
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