Topic: Why is bitcoin the most popular cryptocurrency? - page 7. (Read 20708 times)
The reason why Bitcoin is the most popular crypto currency and its too much-gained popularity is a result of its volatility and its potential to achieve greater heights. Bitcoin is also more advantages than other currency so that is why many people much eager to have bitcoin. Even though Bitcoin is facing a price drop right now many people still invest because it is still the leading crypto of all the cryptos. So bitcoin is now popular I hope the inventor of bitcoin Satoshi must feel proud to see his invention being so popular and spreading all over the world.
The reason is simply because it simplify ways to expend and use currency. It introduces a way to figure out the crypto part of the currencies. Also because its the first to see into the crytocurrencies.
One of the reasons why is it's the most popular is because it is the first ever cryptocurrency. All other crypto were inspired by bitcoin. So it will be the most popular cryptocurrency bitcoin for a long time. Even so, I've met a lot of people that doesn't know what crypto are, but they immediately recognize the word bitcoin.
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?
Because as you said everything started with bitcoin. All other cryptos were inspired by bitcoin. So it will be the most popular cryptocurrency bitcoin for a long time.
BTC is the popular because of the inertia of people not thinking about things too much. Nothing surprising here.
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 strongly agree with you, besides to dogecoin the ethereum is the another popular in the crypto world. I think the other reason why bitcoin is popular because of being legit and the big improvement in the price. And compare to the price, bitcoin is the only cryptocurrency that have an expensive value.
But when you research more knowledges about cryptocurrency, you will understand what thing make Bitcoin become interesting with the investor and many people in all social class.
Bitcoin was the first, and this is making its unique, back in the day we have no idea how bitcoin will scale or even if this experiment will ever reach out to masses.
There was a serious possibility that Bitcoin will remain some kind of nerd project and toy for bored geeks. Additionally, bitcoin wasn't created for the one purpose - to earn money with it.
It was created to change the name of the game, I am sure that some of you remember that in 2008 we had a huge economic crisis.
Bitcoin has been released year after and it is an attempt to fight back, a way to combat banks and rotten centralised economy.
There was a serious possibility that Bitcoin will remain some kind of nerd project and toy for bored geeks. Additionally, bitcoin wasn't created for the one purpose - to earn money with it.
It was created to change the name of the game, I am sure that some of you remember that in 2008 we had a huge economic crisis.
Bitcoin has been released year after and it is an attempt to fight back, a way to combat banks and rotten centralised economy.
To me, there are several reasons why Bitcoin has become the most important crypto coin:
- first if all, perfect timing. Bitcoin was launched into the world precisely when the crisis was hitting too many pleople. A lot of people just had nothing to loose, so the enter into the crypto world as a kind of game.
- second: security. After some historical moments as "the corralito" in Argentina or the japanesse tragedy after the earthquake, the Spaniard crisis and its government rescueing banks... trust was death. People all over arround the world seeked a new form of money that wasnt implied depending on a bank system.
- third: technology. It has become more popular between common people, so the access to new kind of technology is easier than a decade ago.
- and fourth: of course, publicity. Bitcoin is the most famous crypto asset. Even so, I've met a lot of people that doesnt know what cryptocoins are, but they inmediately recognize the word "Bitcoin".
The most trusted and secured cryptocurrency is Bitcoin, as it is the father of may evolved cryptocurrencies as their prices are either in the form of Bitcoin or fiat currency (USD). Additionally, bitcoin is the one which made the concept of Cryptocurrency popular. As a pioneer in the industry with the huge brain and machine power invested in it so far as well as the most accepted form of cryptocurrency all over the world, bitcoin is the first cryptocurrency that pops up in mind when someone thinks to buy one. And now ethereum become the second popular cryptocurrency after the Bitcoin developed its trust in the economic world.
One of the attributes is the fact that Bitcoin is the first crypto currency in the world which is based on online and provide the best opportunity to earn easily in the legitimate ways.It plays a vital rule in the current situation. The price of Bitcoin is continuously increasing which is more attraction for the investors. So,we can say that Bitcoin is the most popular crypto currency, thereby surpassing most cryptocurrency
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?
The only coin that you think is not a scam is not even on the top 10 or 20 or 30 on the list. So you better study the other top coins out there because there are definitely more than just one legit altcoin out there. Bitcoin is the most trusted because it is the prime-mover so to speak. Bitcoin started everything. Bitcoin is the father of all cryptocurrencies. It has earned the trust that people hardly gave to something that is radical as much as strange. Why? Because it offered something really new yet helpful.
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 because bitcoin is the first crypto coin, so it makes sense if bitcoin is the most popular coin. Indeed many altcoins are created, but iku will not be able to beat the popularity of bitcoin.
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 strongly agree with you, besides to dogecoin the ethereum is the another popular in the crypto world. I think the other reason why bitcoin is popular because of being legit and the big improvement in the price. And compare to the price, bitcoin is the only cryptocurrency that have an expensive value.
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?
very true as agan describe, because with his emerging digital currency makes all countries surprised and there are some countries believe that these currencies will function normally I also think that this is because it is the first ever crypto ever created, then everyone know it then engaged into it and became the most successful crypto. Also the value is already high and is liked by everyone because this gives them a lot of profit than other cryptos offer. I think that's about it. Even though Bitcoin is facing a price drop right now many people still invest because it is still the leading crypto of all the cryptos.
Not only that, bitcoin is already a successful blockchain which lasted for ten years. The reliability of bitcoin in trading volume simplifies the fact that it has achieved the trust of more people that tend to invest in it. Investing in bitcoin has a high percentage of gaining than other cryptocurrency because it has already established its reputation as the most successful cryptocurrency.
I think the reason why Bitcoin is the most popular is probably because it is the first to ever come out!
Yes, when bitcoin becomes first then it becomes the size and most popular compared to others, besides bitcoin become standard price for all altcoin so if bitcoin price goes down then automatically altcoin price also falls.
bitcoin is popular crypto coz the highest coin is bitcoin and this is the first coin in crypto thats why this is the most popular in the world of crypto if you have a 10 bitcoin you are a mellionaire thats why bitcoin is imporant for those people knowing crypto.
Because bitcoin has more hype than any other crypto.
I also think that this is because it is the first ever crypto ever created, then everyone know it then engaged into it and became the most successful crypto. Also the value is already high and is liked by everyone because this gives them a lot of profit than other cryptos offer. I think that's about it. Even though Bitcoin is facing a price drop right now many people still invest because it is still the leading crypto of all the cryptos.
Aside from beibg the first crypto currency why bitcoin is the most popular, i think because also of being the most accepted currency in many countries. Bitcoin is also more advantages than other currency so that is why many people much eager to have bitcoin or to change their altcoin to bitcoin.
I think the Bitcoin price is what makes it the most popular crypto. It has helped many investors become rich when it comes to investing in it. But there are also a lot of losers when investing in it.
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