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Topic: Why people attract for the BitCoin than other crypto currency? - page 16. (Read 3447 times)

full member
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people are more attracting bitcoins than other crypto currencies because bitcoin is a popular crypto currency from other coins. bitcoin is also the first crypto currency created and a guide for altcoin.
bitcoin is more talked about people because the price is very expensive than the dollar price. all this time many investors benefit from bitcoin because in 2017 bitcoin prices around $ 2000 but now bitcoin prices have reached $ 9300 so people who invest bitcoin in 2017 then they are now a lot of profits.
newbie
Activity: 45
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i think its because when cryptocurrency brings up it is fixed with bitcoin and its somehow has a lasting impression to people its like a commercials in tv the more you see it the more you likely bought it because your assured with it and it is always talked in media so its gaining a lot of attention and people tend to things which are popular. also many country legalized bitcoin so it is trusted and much demanded and has higher value than other coins so its much likely profitable than other.
jr. member
Activity: 104
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I think one of the reason is everyone found bitcoin much more efficient and reliable than the other form of crypto currency.People could easily attracted into something who's gaining a lot of attention by the other.Moreover,we all know that in every single day,months and year gains popularity than the other cryptocurrency just because of it's high value and demand in the market.Also the first thing that comes to our mind if we're talking about crypto currency is the word "bitcoin" which makes the people tend to think that it's the only one existing crypto currency in the world.
full member
Activity: 193
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Please give your opinions.
Other people attracted more in bitcoin than any other crypto currency simply because its potential in increasing its value and it is also the first cyrpto currency that acknowledge by another company which can be used for worldwide transactions. Bitcoin is accepted and trusted by another country that helps a lot to make the transactions easier and it is also secured. Some people said that fiat can be replaced by bitcoin and it is not even possible, but it will need a long time before anything else.
full member
Activity: 364
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In my opinion the bitcoin is highly valuable in the market and it is more trusted than the other coin in the market. It is true that the bitcoin is attracted then other currencies for me as well but i  like to hold Litecoin and then the trend will change with the passage of time. People attract bitcoin on the other side is the high price of the bitcoin those who have to invested in this currency then you will sure a big profit margin.
full member
Activity: 546
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Please give your opinions.
For me bitcoin is the most popular coin the world of crytocurrency and many got interested to invest. One thing bitcoin is legal and cannot be a scam coin I mean when you have it you can easily convert it into money. Many got rich of bitcoin and so a lot of people wanted to invest on it.
Yes, bitcoin is the most popular crypto currency because it is the pioneer of all the coin, and due to its popularity many people got interested and invest for it,
and made its value very high for our local money. People are now always finding ways to get bitcoin because they believe the success of this coin.
sr. member
Activity: 476
Merit: 256
Because Profitability margin is very high as compared to other crypto currencies.Good example is 2017 when BTC touch the sky level high price as $19783.Currently due to some bad news in media,fud,the price of BTC is too much volatile and is low.This is good time for investment in BTC,Its being anticipated the coming few months are very important as BTC price would surge once again and may lie around $20k-$25k.Secondly BTC is based on blockchain which is more secure system.So based on past performance its easy to analyze that BTC is more reliable and profitable as compared to other crypto currencies,that`s why more people are attracted toward BTC than other currencies.
newbie
Activity: 182
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They we're attracted more on bitcoin than any other cryptocurrency is because they know bitcoin first and have become familiar to it rather than the other coin, and when people talk they about btc it's advantages and all and they thought they will gain more profit to it than the any other cryptocurrency.
full member
Activity: 756
Merit: 102
Please give your opinions.
One of the reason why they attract in bitcoin that other cryptocurrency is the price of it on online market and trading sites. We all know that bitcoin is a good investment for long term so that they really attract to bitcoin. On the other hand, they know that bitcoin is very profitable so that they prefer to choose bitcoin than choosing other cryptocurrency.

price is indeed the other factor on why people are so attracted in bitcoin but actually they dont know that they can also earn much more in altcoin and tokens due to the fact that they  can buy it in a much cheaper price when compared to bitcoin.

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We all know that bitcoin is a good investment for long term so that they really attract to bitcoin.

bitcoin is not only good for long term investment but it can also be suitable in shorter term. altcoins and tokens are the one who is best when it comes to longer term of investment as their value tends to grow in a slower rate.


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On the other hand, they know that bitcoin is very profitable so that they prefer to choose bitcoin than choosing other cryptocurrency.
bitcoin is only the main stream and most popular among other cryptos , that is why many people knew about it but they dont know that there are still many currencies that is much better when compared to bitcoin in terms of profit and other usage such as payent gateway.
sr. member
Activity: 924
Merit: 255
Some people would thinking it's more familiar with bitcoin than other crypto currencies/do not known the others any more, some are thinking bitcoin is more important because is the crypto king till can be most profitable on investing, and maybe some people are thinking.. the another crypto currencies just following bitcoin only and less worthy to choosed, to earn money.
Well.. I guess in essence it depends on each people for the purposes their have in the crypto world & their knowledges too, looks more people are at this moments moving in the other crypto than bitcoin.
newbie
Activity: 11
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full member
Activity: 476
Merit: 100
Please give your opinions.
For me bitcoin is the most popular coin the world of crytocurrency and many got interested to invest. One thing bitcoin is legal and cannot be a scam coin I mean when you have it you can easily convert it into money. Many got rich of bitcoin and so a lot of people wanted to invest on it.
newbie
Activity: 70
Merit: 0
 
Because Bitcoin was first and has the best developer base, is the most accepted and due to the network effect.

I agree with you, more than that that bitcoin also has advantages over other digital currencies because of the greater exchange rate. Cheesy
sr. member
Activity: 630
Merit: 265
Please give your opinions.
One of the reason why they attract in bitcoin that other cryptocurrency is the price of it on online market and trading sites. We all know that bitcoin is a good investment for long term so that they really attract to bitcoin. On the other hand, they know that bitcoin is very profitable so that they prefer to choose bitcoin than choosing other cryptocurrency.
full member
Activity: 336
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Please give your opinions.
People are attracted to bitcoin than any other crypto currency because bitcoin is more valuable and the price is constantly increasing.Most people prefer to invest in bitcoin because there's big potential for huge profit in btc.
newbie
Activity: 196
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Please give your opinions.

In my own, bitcoin has the highest value percentage than the other cryptocurrencies that is why many people attract for bitcoin. They find it easy money and they can save big amount. That is my own idea only.
legendary
Activity: 2716
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No doubt bitcoin is the first currency and most popular than other crypto. So people who new know crypto just knowing about bitcoin no else. One of the reasons people are also interested in bitcoin is its greater value than any other crypto.
full member
Activity: 266
Merit: 100
Well i think it is because bitcoin is the first cryptocurrency to be introduced to people and it is the first cryptocurrency that was acknowledged by many companies and are on other's pending lists to be considered. Bitcoin is very popular that when you ask someone about virtual mony, they will definitely say it is bitcoin what you are looking for. Bitcoin is also the number crypto that is used in trading. There are many attributes that bitcoin has that attracts common people and even business empires. some of its characteristics are its volatility, anonymity, decentralization, and etc.
newbie
Activity: 57
Merit: 0
Simple  because  bitcoin has the  highest  value among other crypto currencies  we have in the  market.  More  popular than other  cyrpto currency.

Depends how you define 'value'.  So if you just look at total market cap, Ripple is actually a similar size. Perhaps people are just captivated by the high Nominal Value. $8000 for BTC sounds like more than $0.70 for XRP / Ripple.
member
Activity: 395
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Simple  because  bitcoin has the  highest  value among other crypto currencies  we have in the  market.  More  popular than other  cyrpto currency.
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