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Topic: Why people attract for the BitCoin than other crypto currency? - page 23. (Read 3471 times)

member
Activity: 280
Merit: 10
Bitcoin is already love by most of all that already heard about it and experiencing the profit. Aside from that it is the crypto that already gain and stablish his own place in the market. And people is always in love to things that offers good and promising good return, that is what bitcoin has.
hero member
Activity: 2604
Merit: 816
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The bitcoin does not differ much from the other crypto currency, and at the moment it is slow and sick, with tens and hundreds of thousands of suspended transactions and exorbitant fee. He became widely known, because he was the first crypto currency and in the media from crypto-currency, as a rule, they speak only about bitkoyne. That is, advertising crypto currency is one-sided and people simply do not know about the existence of other crypto-currencies and their functional capabilities.
Agree with that, mostly we heard is all about bitcoin not the other altcoins. We can't blame media personnel because they are obviously focusing what is the people are mostly talk about. Knowing that bitcoin are really amazing and it could be eye catching that's why more people are getting curious about it unlike the other forms of cryptocurrencies(altcoins).

Well, I agree that the promotion and advertising of cryptocurrency are very much focused on Bitcoin. That is the truth and that is very much understandable. Why? Because Bitcoin is the first. Bitcoin is the one that started everything that we are talking about. Bitcoin made the first step. The rest of the cryptocurrencies are already riding the waves, large waves, that Bitcoin has successfully started. Therefore, we have to take that easily. And for all we know, it is not only newbies that are investing in Bitcoins. The largest investors in crypto are putting their money in Bitcoin as well.

Why they are concentrating only Bitcoin means the price of the bitcoin went too high. suppose if ETH or BCH will also cross $10k then they will start talking about these coins. and except bitcoin users, other people know only Bitcoin name if you tell them altcoins they will ask what is altcoins. That means they think digital currency means only Bitcoin.

because most of the people only know that bitcoin equal to the price without they know the other benefits from bitcoin. I think this will the same thing if eth or bch cross more than $10k. people will only know that coin is about the price and I think they need to learn more about cryptocurrency. but for me, I think it is enough if they thinking like that and we cannot force them to learn more about cryptocurrency and let them know that crypto is just only the matter of price.
legendary
Activity: 1428
Merit: 1000
The bitcoin does not differ much from the other crypto currency, and at the moment it is slow and sick, with tens and hundreds of thousands of suspended transactions and exorbitant fee. He became widely known, because he was the first crypto currency and in the media from crypto-currency, as a rule, they speak only about bitkoyne. That is, advertising crypto currency is one-sided and people simply do not know about the existence of other crypto-currencies and their functional capabilities.
Agree with that, mostly we heard is all about bitcoin not the other altcoins. We can't blame media personnel because they are obviously focusing what is the people are mostly talk about. Knowing that bitcoin are really amazing and it could be eye catching that's why more people are getting curious about it unlike the other forms of cryptocurrencies(altcoins).

Well, I agree that the promotion and advertising of cryptocurrency are very much focused on Bitcoin. That is the truth and that is very much understandable. Why? Because Bitcoin is the first. Bitcoin is the one that started everything that we are talking about. Bitcoin made the first step. The rest of the cryptocurrencies are already riding the waves, large waves, that Bitcoin has successfully started. Therefore, we have to take that easily. And for all we know, it is not only newbies that are investing in Bitcoins. The largest investors in crypto are putting their money in Bitcoin as well.

Why they are concentrating only Bitcoin means the price of the bitcoin went too high. suppose if ETH or BCH will also cross $10k then they will start talking about these coins. and except bitcoin users, other people know only Bitcoin name if you tell them altcoins they will ask what is altcoins. That means they think digital currency means only Bitcoin.
full member
Activity: 168
Merit: 100
Why? The main reason for that is its astronomical price rise. The decentralized cryptocurrency has shocked the finance world by hitting the $19,000 mark, something that many experts thought was impossible. The digital currency has been growing without security failures for years now and has been time tested a lot more than its significantly younger alternatives. Bitcoin is easier to access and has more merchants, exchanges, hardware, and software to support it. Bitcoin is significantly more liquid, with a much larger market cap than any altcoin. It possesses the biggest developer ecosystem and attracts the majority of business people who create startups around it and put a lot of physical efforts, dedication, intellect, and creativity in order to make it better and more useful.
full member
Activity: 420
Merit: 100
Please give your opinions.

because bitcoin is a very useful digital currency and as a solution about reducing the use of banknotes in the future, by buying bitcoin we can become the holders of assets that affect bitcoin prices.
hero member
Activity: 1372
Merit: 564
The bitcoin does not differ much from the other crypto currency, and at the moment it is slow and sick, with tens and hundreds of thousands of suspended transactions and exorbitant fee. He became widely known, because he was the first crypto currency and in the media from crypto-currency, as a rule, they speak only about bitkoyne. That is, advertising crypto currency is one-sided and people simply do not know about the existence of other crypto-currencies and their functional capabilities.
They attracted to bitcoin because at this moment bitcoin has growing community so that is value is also increasing and because of that many people shown interest about bitcoin. Then bitcoin is the most popular cryptocurrency because of its much profitable.
hero member
Activity: 924
Merit: 502
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Basically because it's the first. If you ask a person about crypto, they'll simply tell you it's bitcoin not knowing that bitcoin is just amother crypto coin in the market. There's a lot of advantages of being the original and btc is enjoying that regardless of how other alts seem to be better when it comes to use and features
sr. member
Activity: 567
Merit: 250
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The bitcoin does not differ much from the other crypto currency, and at the moment it is slow and sick, with tens and hundreds of thousands of suspended transactions and exorbitant fee. He became widely known, because he was the first crypto currency and in the media from crypto-currency, as a rule, they speak only about bitkoyne. That is, advertising crypto currency is one-sided and people simply do not know about the existence of other crypto-currencies and their functional capabilities.
Agree with that, mostly we heard is all about bitcoin not the other altcoins. We can't blame media personnel because they are obviously focusing what is the people are mostly talk about. Knowing that bitcoin are really amazing and it could be eye catching that's why more people are getting curious about it unlike the other forms of cryptocurrencies(altcoins).

Well, I agree that the promotion and advertising of cryptocurrency are very much focused on Bitcoin. That is the truth and that is very much understandable. Why? Because Bitcoin is the first. Bitcoin is the one that started everything that we are talking about. Bitcoin made the first step. The rest of the cryptocurrencies are already riding the waves, large waves, that Bitcoin has successfully started. Therefore, we have to take that easily. And for all we know, it is not only newbies that are investing in Bitcoins. The largest investors in crypto are putting their money in Bitcoin as well.
sr. member
Activity: 805
Merit: 250
The bitcoin does not differ much from the other crypto currency, and at the moment it is slow and sick, with tens and hundreds of thousands of suspended transactions and exorbitant fee. He became widely known, because he was the first crypto currency and in the media from crypto-currency, as a rule, they speak only about bitkoyne. That is, advertising crypto currency is one-sided and people simply do not know about the existence of other crypto-currencies and their functional capabilities.
Agree with that, mostly we heard is all about bitcoin not the other altcoins. We can't blame media personnel because they are obviously focusing what is the people are mostly talk about. Knowing that bitcoin are really amazing and it could be eye catching that's why more people are getting curious about it unlike the other forms of cryptocurrencies(altcoins).
full member
Activity: 966
Merit: 104
The bitcoin does not differ much from the other crypto currency, and at the moment it is slow and sick, with tens and hundreds of thousands of suspended transactions and exorbitant fee. He became widely known, because he was the first crypto currency and in the media from crypto-currency, as a rule, they speak only about bitkoyne. That is, advertising crypto currency is one-sided and people simply do not know about the existence of other crypto-currencies and their functional capabilities.
member
Activity: 199
Merit: 10
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Most of the people who came to work in the online world are coming to work with bitcoin. And they are familiar with other coins when they work with bitcoin. So, I can say bitcoin king of all cryptocurrency. That's why everyone attracted more from other coin to bitcoin. Moreover, bitcoin can be good profit very quickly with a little trouble.
sr. member
Activity: 1050
Merit: 254
Please give your opinions.
Because bitcoin is recognized by governments, other altcoin tokens are not sufficiently dispersed, most concentrated in the hands of some people, and that is dangerous.

Which governments ? In my country yes our governments recognized bitcoin but in negative way, they banned bitcoin for being used as transaction. So i can only use bitcoin on online thing.

People attracted into bitcoin because the price, obviously people love money and bitcoin has a huge price for a single coin.
sr. member
Activity: 618
Merit: 250
I think every people have their own reason and I think it might be because bitcoin has a high exchange value pair fiat and it makes people attract to buy and sell bitcoin too often. usually, after people buy bitcoin, they are watching the exchange and hoping that the price increase after the next minutes but unfortunately, in cryptocurrency, we cannot expect this and we need to wait for a while.
They attract to bitcoin than other cryptocurrency because bitcoin right now its community is growing, also they attracted to is its rising value everyday so that people shown interest to it. Also it mostly increase even sometimes goes down.
full member
Activity: 325
Merit: 100
Please give your opinions.
Because bitcoin is recognized by governments, other altcoin tokens are not sufficiently dispersed, most concentrated in the hands of some people, and that is dangerous.
Not because it is recognized by governments actually a lot of countries doesn't want bitcoin to enter in their country, some was just allowing it but not really endorsing it since they were just currently studying the cash flow  and the market flow. Actually, bitcoin will get a higher price if all countries will allow this and endorsed it.
full member
Activity: 518
Merit: 101
Please give your opinions.
If you take the opinion of your head, your head will get worse, because you can not get the opinion of everyone. For example, someone would say more income, someone would say that its scope is broad, some would say that it is a currency which is adaptable over time. But the main point is that it does not have any digital currency like this.
We have different reasons actually, but common reason is that bitcoin has been become stable so why investing in some coins which you are not assure at? right? some people would just stick to it rather than wasting their time and money in trying coins which they don't know if how long will it take unlike in bitcoin that you know it will last.
member
Activity: 139
Merit: 10
Please give your opinions.
Because bitcoin is recognized by governments, other altcoin tokens are not sufficiently dispersed, most concentrated in the hands of some people, and that is dangerous.
full member
Activity: 450
Merit: 100
Please give your opinions.
If you take the opinion of your head, your head will get worse, because you can not get the opinion of everyone. For example, someone would say more income, someone would say that its scope is broad, some would say that it is a currency which is adaptable over time. But the main point is that it does not have any digital currency like this.
member
Activity: 336
Merit: 20
Please give your opinions.
Because it is more popular than other cryptocurrencies . Now, we can hear most of the people discussing about bitcoins and most countries have legalized it.
full member
Activity: 672
Merit: 127
It is the most widely known and the first digital currency that has been released in the market. Bitcoin is the most accepted in the market and its rise is faster than the others that means quicker profit.

From recent months i think bitcoin is in correction stage and would let altcoins catchup the price. Correct that bitcoin is popular but I think transaction were a lot slower and if bitcoin will not make a change to it, people would become uninterested to it even if its very popular.
member
Activity: 294
Merit: 10
Because bitcoin was first and most popular cryptocurrency. It's  market value is very expensive.It gives everyone opportunities to earn more income and makes life of people more comfortable.The support of the people to bitcoin compared to the other coin is growing fast,it's  reputation is growing fast.
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