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Topic: Why is bitcoin the most popular cryptocurrency? - page 53. (Read 20686 times)

newbie
Activity: 58
Merit: 0
1. The first cryptocurrency and the most talked about
2. Which leads to my second point- demand
3. Because there are limited amounts of bitcoins, its value keeps going up
4. Crowds believe in it.
hero member
Activity: 1568
Merit: 502
To be frankly speaking.

We all (You and me) gives value to bitcoin and make it famous and popular, just because we trust in Bitcoin and system behind it. Basically Bitcoin is unified non reversible combination of blockchain and cryptography. Blockchain and cryptography both are advanced quantum physics theories, which are implemented properly for formulation of bitcoin.

Blockchain have great future with combination of cryptography. This can literally give solution for any business to make itself decentralized and open source.
member
Activity: 196
Merit: 10
Because it is the first ever cryptocurrency and it is accepted in many nations.
sr. member
Activity: 532
Merit: 255
As a coin bitcoin is a most populer cryptocurrency  because of it's value of increasing so fast in trading section which is most favourable to all.
I Agree With U bro.
Bitcoin is the cryptocurrency that refuses to die.
Because, Bitcoin is the Uber of cryptocurrencies the biggest, best-known and oldest coin cryptocurrency. And one expert calculated that its value is eighteen times more volatile than the U.S. dollar. Its demise has been predicted numerous times. Yet the bitcoin keeps going from strength to strength.
sr. member
Activity: 699
Merit: 438
Bitcoin is most popular cryptocurrency in field of electronic banking because of their excellent performance executed in the public market.
Through this they become popular and well known in this kind of industry.
jr. member
Activity: 32
Merit: 9
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?
Absolutely right about the popularity of BTC.
It is popular among other cryptocurrencies because of it's functionality and long term vision of it's makers. They believed on what they were doing unlike other cryptocurrencies, who launched them just as a short term mission, to check whether it will work out or not.  
full member
Activity: 266
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?
well bitcoin is easiest to use and it is the most highest money exchnge in all cryptocurrencies plus it has its own forum not like the other cryptocurrencies
full member
Activity: 266
Merit: 100
I can simply say its because bitcoin started it all, if any other coin started the blockchain industry that coin would be the most popular and expensive as of now but well it was bitcoin  Grin
member
Activity: 63
Merit: 10
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.
full member
Activity: 337
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?

Actually you'd be surprised at the number of people thinking that altcoins are superior to bitcoin.

However as you said, the majority still prefer bitcoin as their day to day cryptocurrency and their go to place to store their wealth. I think that the main reason is bitcoin is the first cryptocurrency, and the longest lasting.

Another reason is that altcoins have proven to die off over time. For instance, Namecoin was the first altcoin but now nobody uses it. It used to have a lot of hype as well. Litecoin was ASIC resistant but that wore off over time somewhat, so now its popularity is not even half of Ethereum's. Based on this we can safely deduce that Ethereum and other altcoins will probably be replaced by new altcoins in 4-5 years time.

The fact is that you can always have better lines of code based on the previous coin, but you can't write the reputation of a coin on lines of code. And bitcoin has a lot of reputation for what it does.

Bitcoin is the first and original cryptocurrency. What made it popular is because of its value. It has the highest value rather than other currencies. Because of its value, many newbie users are more getting interested to use it. Nowadays, the value of bitcoin is soaring high. Many investors and traders has a big trust in bitcoin because it is more reliable, secure and safe to use.
full member
Activity: 350
Merit: 100
Because it has the highest value compared to the others.
newbie
Activity: 21
Merit: 0
Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people by using some complex algorithm which is called Mining Bitcoin.

Bitcoins have ushed the era of next financial revolution as a form of Cryptocurrency.

Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.
full member
Activity: 392
Merit: 100
because its value continues to rise rapidly and always grows making bitcoin is the most expensive and most profitable coin
member
Activity: 84
Merit: 10
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To my mind, Bitcoin is so popular because it's known to be the first successful digital cryptocurrency. Actually, it's the most popular cryptocurrency now. What is more, there are lots of advantages of Bitcoin, for instance, its price (increasing), the potential and of course the opportunity to get a great income.
member
Activity: 112
Merit: 10
I think that bitcoin is the most popular cryptocurrency because all cryptocurrencies begun from here. And aside from that, many nations have been approve it compared to others and it is one of the cryptocurrencues that investors trusted for their investments, that's why it is popular.
newbie
Activity: 56
Merit: 0
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?

Since bitcoin is the source or beginning of cryptocurrency, it is only natural that bitcoin has a high value compared to other coins.
member
Activity: 110
Merit: 10
Bitcoin's price is getting high as the day past and bitcoin is the first cryptocurrency that made way back 2009. Bitcoin is the mother of all cryptocurrencies thats why its the most popular coins in crypto and its most profitable coin than others. Bitcoin also is the most trustable for all investors.
member
Activity: 232
Merit: 11
As far as I know, Bitcoin is the first cryptocurrency among other altcoins thats why back then its price is just lower than any country's currency yet now it kicks higher than no one ever imagined back then. It is popular because it is the most stable online coin with highest volume.
member
Activity: 98
Merit: 10
Bitcoin is a virtual currency and its price is getting high day by day. Many people are getting interested in Bitcoin. Its price makes it popular.
sr. member
Activity: 588
Merit: 257
Bitcoin is the first cryptocurrency introduced to the world. In last 8-9 years more than 1000 crypocurencies get introduced. Still bitcoin is number one. Bitcoin contribute 55% of world`s cryptomarket. This because of its unique features + trust by its investors/miners. Bitcoins supply is restricted at the time of its birth, as a result it become more volatile. It posses decentralised nature so no third party can interfere in its operations, it will always  remain autonomous. Bitcoin has its own security system blockchain, which is quiet difficult to break, its system is secured by its miners/users. So people feel it safe to invest. Many nations have approved its legal status. Bitcoins increasing is attracting more and more investors. All these things making it the most popular cryptocurrency.

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