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Topic: Why is bitcoin the most popular cryptocurrency? - page 50. (Read 20686 times)

sr. member
Activity: 1111
Merit: 255
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?

Well there are other altcoins that are not scam.  And the fact that bitcoin is the first digital currency ofcourse it is the most popular.  Having been the first, it is the most trusted digital coin.  Thus, all the price of coins available arr based on its price.
newbie
Activity: 61
Merit: 0
Bitcoin created by a noble person who has no political purpose or to enrich himself. And as solution to the global financial pattern of concern because it's dominated by governments and the big capitalists in the world. Therefore, bitcoin is better.
full member
Activity: 287
Merit: 100
because now the bitcoin price is so incredible so from that bitcoin can be said the most popular crypto I think it is a good thing because its value can become higher as time passes.
hero member
Activity: 854
Merit: 500
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Bitcoin is the most popular cryptocurrency becuase it has a big value and it's getting higher everyday. No one can replace this currency becuase of the big demand and the nice way to transact a money. You can invest and earn here easily.

Yeah, bitcoin can be differentiated from other digital currencies. It is valued because it also values its investors. It is very reliable and transactions are very easy to handle. In bitcoin, you have the hundred percent assurance that your the resources someone has invested to acquire it is going to earn you will never expect and the security of the wallets you use to keep it.
hero member
Activity: 672
Merit: 500
bitcoin is the first currency which introduced us to the concept of cryptocurrency and it achieved the greatest development in comparison with the rest
member
Activity: 98
Merit: 10
Bitcoin is the most popular cryptocurrency because many people acknowledge it and use it for a living. Thats just a simple marketing logic, if there are many users, then it makes sense why it is popular.
newbie
Activity: 126
Merit: 0
Decentralized in Nature: The bitcoin network isn’t controlled by one central authority.
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.
Anonymity: Users can hold multiple bitcoin addresses, and they aren’t linked to names, addresses, or other personally identifying information.
Transparency: bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain.
Transaction fees are minuscule: May be themost important part. International transfers cost decent sum of money, but Bitcoin doesn’t cost transaction fees

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
full member
Activity: 938
Merit: 137
For many, the concept of crypto currency and bitcoin is practically equivalent, that is, many of the crypto currency know only the existence of bitcoins. In connection with the fact that bitkoyn was the first crypto currency to know about him the most, and because he has a high cost and the price for it is constantly growing, he is in great demand.
    In the future, I think, people will learn more about the other Crypto currency and the situation will change. Bitcoin has fallen in price and will not enjoy such unthinkable demand, while the demand for other useful coins will grow.
full member
Activity: 756
Merit: 103
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?
That is the main reason and truth lies in your post, however people are not trusting other coins and they can run away or increase their tokens to become worst scammers unlike Bitcoin stays what they said in whitepaper.

Most of these Mini Cryptos rely on Bitcoin so it is the most important for everyone than other Crypto.
member
Activity: 79
Merit: 10
because bitcoin is popular of high price value so that bitcoin have many investor
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Bitcoin has first mover advantage by being the first Cryptocurrency out there. It has been around the longest, which help gives it bigger brand recognition & trust amongst the general population.

One very important thing about Bitcoin is that you can never accuse the person who invented it of being money-minded. Because from whatever evidence we are having, it is clear that Satoshi Nakamoto never profited out of the coins which he mined. Even now $16 billion worth of Bitcoins are lying idle in his wallet and they are lying there since 2009.
sr. member
Activity: 252
Merit: 250
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haha, I totally agree with your point of view about Bitcoin. There is no doubt about its value. But how's about Dogecoin? I don't think it is a good coin. It's just a funny coin belongs who love dog
member
Activity: 308
Merit: 10
Bitcoin is most popular because first it came into picture as Digital currency and the rise in its price which we experienced made it more popular. First you get to know about Bitcoin and then Altcoin comes into picture
member
Activity: 214
Merit: 10
Bitcoin has first mover advantage by being the first Cryptocurrency out there. It has been around the longest, which help gives it bigger brand recognition & trust amongst the general population.
member
Activity: 252
Merit: 10
There is several reason for Why BITCOIN is mos popular Crypto currency :

Like btc have

Freedom in Payment
Control and Security
Information is Transparent
No Third-Party Seizure
No Taxes
No Tracking
No Transaction Costs
No Risk of “Charge-backs”
Bitcoins Cannot be Stolen

kind os those cause BITCOIN becomes most popular crypto currency in Crypto World.  Smiley Smiley

member
Activity: 121
Merit: 11
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?

Your right! Bitcoin is the most popular crypto in the whole world, Not only because it was the first Crypto. It is because there were a lot of coins that needs to convert to Bitcoin to became fait or real money. There were a lot of other coins that you can trust of,.. Not only Dogecoins. There's ETH for example, I think ETH have potential to grow. But that's only my opinion.
member
Activity: 518
Merit: 10
Yes, bitcoin is a scam, dogecoin is also a scam, all scam even you.

Are you lacking attention or what? Do not create a thread that can make people angry.

We all know bitcoin is real, a very valuable asset, even more valuable than gold and stock.
zcs
newbie
Activity: 20
Merit: 0
Bitcoin is the most popular currency because it is only more trusted digital currency this time. Its stand in the market from very long time Its value incresing day by day Many nations approved it And peoples trust in this currency , they see the future in the bitcoin .So that the popularity of bitcoin
sr. member
Activity: 1918
Merit: 370
well because bitcoin is the first in the competition, and secondly bitcoin is the highest valued coin there is, so many people are investing in it, because of it's unparalleled profit and market value.
newbie
Activity: 31
Merit: 0
Bitcoin is the most popular coin because it is the first cryptocurrency to emerge
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