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Bitcoin => Bitcoin Discussion => Topic started by: Naster on August 10, 2017, 02:35:29 PM



Title: What made 'Bitcoin' the Bitcoin it is today?
Post by: Naster on August 10, 2017, 02:35:29 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: carlfebz2 on August 10, 2017, 02:44:11 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Considering its the first digital currency or cryptocurrency exist wayback before into those years. It might not get the attention directly from most people but there are some who do believe on its potential and Satoshi did really make a great innovation when it comes into payment system which we do see on its white paper on whats the purpose of the creation of bitcoin and now we are witnessing its success.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: erickkyut on August 10, 2017, 03:01:30 PM
For me, the thing that made the Bitcoin very successful is because of the people who are still believing on it and keep on patronizing it. It will not last long if there are no people buying it and investing on it. It is now becoming more popular worldwide and I know that it will be more successful in the near future.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: audaciousbeing on August 10, 2017, 03:15:44 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
What made it what it is today in my opinion is the calibre of people who stood strong and the lose faith in bitcoin even in the face of pressure or any any discouragement to abandon, they stood still and be their faith in which there were able to spread to several members who bought into the dream and its what it is today. A lot of people have left, while some are still standing and for the reason why you and I are still here, we have contributed our own or still contributing to what its going to be of bitcoin tomorrow.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: giveen on August 10, 2017, 06:05:02 PM
Now you should seriously stop comparing bitcoin and altcoins. The reason why altcoins couldn't be as good as bitcoin because they are altcoins the reason why it is named as alts is because they copied bitcoin and anything copied can't beat the real one easily. As bitcoin was the first one people found it interesting and bought it but when alts came it was too late they surely have better features but that's doesn't matter to the investors now. You can say it is overvalued but seriously who cares about that.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: |Bitkoin| on August 10, 2017, 06:44:21 PM
I think the reason Bitcoin is what it is today is because it was the first coin and revolutionary so everyone wants it plus the name is the best and it just makes sense that for these reasons it is the most popular coin. :)


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: hatshepsut93 on August 10, 2017, 08:40:52 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

Bitcoin is the king of crypto because it has the best team of developers who know how to preserve decentralization and security that makes Bitcoin valuable in the first place.

Altcoins can't flip Bitcoin because they don't offer any breakthrough innovation, they all have the same problems as Bitcoin, and new features that they offer are usually very experimental, risky, or even just useless.



Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: paragoncoin on August 10, 2017, 08:46:18 PM
Agreed. There are definitely some promising altcoins out there, but it's highly unlikely that any will ever eclipse bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: undeadbitcoiner on August 10, 2017, 09:06:37 PM
Bitcoin is BTC today, First of all i want to thank Bitcoin Developer and Veterans and after that All of us who support BTC
As most of Crypto Familiar we know Bitcoin was not First Crypto Currency but yes Bitcoin was First Decentralize Crypto Currency which was created in 2009 by pseudonymous developer Satoshi Nakamoto
Bitcoin started slowly and there were a lot of struggle, Slowly Slowly there were adoption of bitcoin by Country, Company , Public uses been high in Demand so that is how we are here but the journey still continues


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Fourgh on August 17, 2017, 04:25:24 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

It was unique and very innovative making the way for digital money. Now it's price value is so high compared to where it was 3 to 5 years ago if we had ever had the chance to invest in one.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Aur3 on August 17, 2017, 04:35:22 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Considering its the first digital currency or cryptocurrency exist wayback before into those years. It might not get the attention directly from most people but there are some who do believe on its potential and Satoshi did really make a great innovation when it comes into payment system which we do see on its white paper on whats the purpose of the creation of bitcoin and now we are witnessing its success.

Also, bitcoin is used in various ICO projects. The ICO promotes the use of cryptocurrency as a vehicle to improve the overall quality of payment transactions. With the use of bitcoin or ethereum, the payment system becomes safer due to blockchain technology. It seems impossible to hack it. Look at Everex. It restarts its ICO for the second time and it allows new investors to buy a bitcoin token. You can sign up here, goo.gl/E2NDF2 (http://goo.gl/E2NDF2) for more details.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: ivrynx on August 17, 2017, 04:51:06 AM
Bitcoin was made to help us during the recession in 2008, so that we can have a new currency, however  a digital currency made, thus bitcoin was born. During the first years of bitcoin, it was no that being acknowledge, since the price is not as high as today, but being it a cryptocurrency, a new online form of payment ,it was first used mostly in the deepweb, because you cannot be traced when doing transactions, that's why people in the deepweb found it best suits them. Then after some time Bitcoin was made known outside deepweb, but not having a high value still, then miners came out and enthusiast wanted to have bitcoins of their own, i believe since it was new back then, and they see a very promising future for bitcoin, more and more people found out about bitcoin and its benefits, and soon after, the price of bitcoin went high, and up to now, the demand for bitcoin is becoming higher and and higher, and governments are making bitcoin legal in their country, though there are a lot of cryptocurrencies out there, bitcoin has proven itself to be dominant.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: GideonGono on August 17, 2017, 05:31:02 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Considering its the first digital currency or cryptocurrency exist wayback before into those years. It might not get the attention directly from most people but there are some who do believe on its potential and Satoshi did really make a great innovation when it comes into payment system which we do see on its white paper on whats the purpose of the creation of bitcoin and now we are witnessing its success.

I'll correct some points. Bitcoin is not the first digital currency but it is the first decentralized digital currency or cryptocurrency.



In response to the OP, Bitcoin today is comprised of Bitcoin's failures in the past. Bitcoin,in its early years, has undergo some bugs and security issues but as the time goes by it is layered by multiple fold of securoty and a lot of developers who worked hard makimg it impregnable and impossible to hack since computational prowess we have today can't break it and it can be broken with the supercomputers developed in the future but at that time the security has increased multiple folds as what it was today making it impregnable due to constant development.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Kakmakr on August 17, 2017, 05:38:44 AM
It was the first Crypto currency since 2009 and it has been the most secure. All the other Alt coins is a copy of the original < with a few small changes >

It has the biggest network of users and merchants and Bitcoin ATM's and it is growing daily. Almost all the Crypto currency exchanges support Bitcoin.

Bitcoin is the Coca-Cola of drinks and the other Alt coins are just other flavours based on the original. ^hmmmmm^


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Prodigan786 on August 17, 2017, 05:41:09 AM
People are entering crypto world because of bitcoin . In my country if you want to buy any altcoins like ether first we have to buy bitcoin using fiat currency then has to send exchanges like bittrex then we will buy ether . There is multiple transaction happens for buying single altcoins.So bitcoin growing bigger.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: deadsilent on August 17, 2017, 05:43:46 AM
It was the first cryptocurrency ever created way back 2008. Bitcoin is a digital currency which transacts with no middle men involved. Which means no banks needed. Also it gives convinience to people who use because theres no need to give your identity and low fees. A lot of people catch their interest and slowy, adoption of bitcoin became really fast. The price back then was $1! That's why early adopters are very lucky.

It's not just a way or method of payment. It can act also as an investment. Bitcoin is accumulating value over time, more faster than traditional banks. Decentralised is popular, that's why a lot of people loves this kind of technology


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: BingoDog on August 17, 2017, 05:46:37 AM
Thre big advanatage o bitcoin is the fact that it was first cryptocurrency introduced. But if didn't have users support there wouldn't be success. People realised that bitcoin gives great opportunities to make profit, to use it as a payment method, as an investment, to move from the banks and governements and that the value is rising. That all contributed for bitcoin to become what it is now. I think that still in early stage people realised that bitocin is inevitable future and that was the beginning of the success.  


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Yuhee on August 17, 2017, 05:50:38 AM
Thre big advanatage o bitcoin is the fact that it was first cryptocurrency introduced. But if didn't have users support there wouldn't be success. People realised that bitcoin gives great opportunities to make profit, to use it as a payment method, as an investment, to move from the banks and governements and that the value is rising. That all contributed for bitcoin to become what it is now. I think that still in early stage people realised that bitocin is inevitable future and that was the beginning of the success. 

Well it has goods but sometimes btc has also its bad effect. Not the btc itself is bad but depends on who and how people will use it. But generally it helped a lot of people everywhere in the globe. I for one admit that my life has changed when i discovered btc. Sometimes only the big traders are still becoming rich and small time traders tend to have just small profits over the time. But i guess everyone is free to do whatever strategy to become also a rich bitcoiner.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: gabbie2010 on August 17, 2017, 06:32:45 AM
This is due to massive support received by bitcoin since inception, although bitcoin started slowly but presently bitcoin is gaining more and more popularity and adoption in many countries making it one of the best cryptocurrency and the fact it is decentralized currency and being used as a  means of payment makes bitcoin to be were it is today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: HasHe on August 17, 2017, 07:00:07 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
To be honest,what made bitcoin more popular and expensive in its early stage is that it was widely used by dark markets for buying illegal goods.Until now,some continue to criticize bitcoin that it has been used for illegal activities.But its an old story.As price got higher,it attracted the attraction of people and they started to buy bitcoins.Some even used it to send money with very low transaction fee and at the same time,quickly.People were just using as a currency to buy goods.But when its price started to trigger,every one started realizing its potential that it should be saved as a valuable investment and not spent just as a currency.It further increased its demand as well as price and now we are almost $4309 today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: MissHope on August 17, 2017, 07:02:52 AM
I think that one of the key driving forces that made 'Bitcoin' the Bitcoin it is today is its widespread usage across the globe, with many now opting to make payments via Bitcoin rather than using other methods.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Scorpion on August 17, 2017, 07:20:36 AM

The community. Think about it, Bitcoin is open source and you can copy Bitcoin - but you can't copy the community and all of the people who support it.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Orangina on August 17, 2017, 08:54:56 AM
I'm going to say the community made what it is today. I can't imagine bitcoin being as successful as it is now without it. All the open source projects such as Multibit, Electrum etc. and many more (payment processors, shopping plugins etc.) literally whatever helped us reach more people around the world and this is still happening with LN, Schnorr and many more proposals will help boost bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: deejhay on August 17, 2017, 09:28:01 AM
it was thanks to those people that continue to support bitcoin and believe it its potential as crytocurrency that we now have bitcoin


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Charot12345 on August 18, 2017, 04:39:43 AM
It’s because of the advantages of it. And also it is because of the user or the people who trust the potential of bitcoin are increasing and still growing. Bitcoin is still reliable and never broke the trust of the users about it’s anonymity.  i think it is also because of the investors who continuously support bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Pursuer on August 18, 2017, 04:51:45 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

the reason why no altcoin has so far "defeated" bitcoin is mostly because none of them are doing what bitcoin (a decentralized cryptocurrency) is doing any better.
there are many innovations and many altcoins copy of these innovations, but none of them have yet been able to fix any real problems and achieve the real adoption in the real world. they all exist on exchanges and are treated as a virtual thing with no real world usage so far.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: piloder on August 18, 2017, 05:02:32 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Bitcoin is successful because it has been tested for many years and there is huge community that supports bitcoin. Demand is high because bitcoin is accepted in thousands of stores worldwide and due to limited supply price of bitcoin will keep on increasing that's why many are buying bitcoin as digital gold.

There is no any altcoins can defeat bitcoin because it will be hard for them to create similar demand and community support like bitcoin already have.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Rishabh riyz on August 19, 2017, 04:37:26 AM
the thing that made bitcoins  this much successful toay are
> there are many people people supporting bitcoins and a very big community  that always stands for it , bitcoins are used by thousands of people across the globe for online tranactions .
> bitcoinsa are a digital crytocurrency that has a decentralised nature , this decentrakised nature makes it more strong and safe , it ensures that no single person controls it.
> bitcoins have a fluctuating value. this feature of BTC is used by many people to make a big profit , a man with great rading skills , experience and good knowledge about the fluctuating value can make profit out of it.
> the value of bitcoin:- the value of bitcoins is so high as compared to other currencies that it itself attracts many people to start using bitcoins.
 


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: iram1011 on August 19, 2017, 04:42:50 AM
All credit goes to early investors. If they hadn't shown any interest in Bitcoin and its future, all the dreams of Satoshi Nakamoto would have withered away. This world wouldn't have known a decentralized monetary system.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Xenrise on August 19, 2017, 04:51:59 AM
Bitcoin today is what it is right now is because of its supporters. And also the supply and demand of the bitcoin. The supply which is the most relevant of the bitcoin's price hike. And the supply and demand of bitcoin is connected to its supporters. If the people stops supporting bitcoin and probably bitcoin might die. And also, thank Satoshi Nakamoto for this masterpiece.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: evilgreed on August 19, 2017, 05:32:17 AM
There are reasons such as :
1. Bitcoin have biggest community and some of them are loyal.
2. Bitcoin is the first decentralized currency, few people tried this in past, but ended failure or stopped by government.
3. Bitcoin development involved lots of experienced/many developers while other altcoin simply clone/modify bitcoin/altcoin source codes.
4. Bitcoin is actively developed even though in few years it's stuck due to different ideas to upgrade bitcoin a.k.a drama.
5. Many merchants accept bitcoin if you compare it with merchants who accept altcoin.



                  There are lots of reasons why is it up until today, just thinking only on those benefits we are currently gaining up until now, it is already enough that we are already using it. As we can see also, bitcoin is the father or the first decentralized crypto currency, which allows us to do international transactions and many more. Many sprouting alt coins that have better features than bitcoin, but still nothing beats the genuine one.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: KingdomHearts on August 22, 2017, 04:00:23 AM
Thre big advanatage o bitcoin is the fact that it was first cryptocurrency introduced. But if didn't have users support there wouldn't be success. People realised that bitcoin gives great opportunities to make profit, to use it as a payment method, as an investment, to move from the banks and governements and that the value is rising. That all contributed for bitcoin to become what it is now. I think that still in early stage people realised that bitocin is inevitable future and that was the beginning of the success. 

Well it has goods but sometimes btc has also its bad effect. Not the btc itself is bad but depends on who and how people will use it. But generally it helped a lot of people everywhere in the globe. I for one admit that my life has changed when i discovered btc. Sometimes only the big traders are still becoming rich and small time traders tend to have just small profits over the time. But i guess everyone is free to do whatever strategy to become also a rich bitcoiner.
Bitcoin is misused by bad people. These people cannot run away from detention forever. The usage is wrong not the bitcoin technology. Many good people have used this technology in the right way. So it proved to be a blessing for them. However, in trading you need patience and strategy in order to earn huge profits.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: HasHe on August 22, 2017, 05:39:26 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Main reason for bitcoin's success was that satoshi had a clear vision to save people from the banking sector.So,he tried to create a system in whiich money could be sent through electronic cash as P2P without indulging banks and he succeeded in it.The remarkable blockchain system in which bitcoin functions is also a main reason for bitcoin's today's position.Block chain assured secure transactions and by this way,bitcoin working in that system also becomes secure.But altcoins are mostly created by devs to just earn quick cash.Other than that,they have no motto.Also,bitcoin has provided all the necessary features already needed for today.So,there is no room for altcoins to come and say that they would deliver new essential features not found in bitcoin.The high transaction fee problem in bitcoin also has been almost solved by activation of segwit.So,the altcoins have even lost their last ground of offering low transaction fee and quick transactions.By,this way,bitcoin has made its position strong today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: mvidetto on August 23, 2017, 01:38:19 PM
People loved the idea of being able to buy and sell products without control from government, freely and safely. we do not want big brother watching all of us. Interest from people boosted the popularity of bitcoin. Besides, it is an outcome of technological development.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Rj Manik on August 23, 2017, 02:13:08 PM
The only Bitcoin is a coin that  has not yet been decentralized after birth.Because it is being managed by an expert developer.If people did not like Bitcoin, they would have died.Along with that, Bitcoin has been completely successful.So what do you say?


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: holtzmann on August 23, 2017, 02:14:14 PM
Generally, I see two reasons for this: 1) It is the first cryptocurrency, thus most of the popularity is concentrated around it. 2)  Bitcoin belongs to the community, but not a single person. The power is not concentrated in someone's hands. Ideologically, Bitcoin is more decentralized than any other currency.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Akash1243 on August 23, 2017, 04:09:15 PM
Well it is the first crypto currency and whole popularity of crypto currency revolve around Bitcoin therefore it has became famous.Bitcoin's technology of block chain is one of the reasons why it is on top and is still not defeated by any other crpyto currency.Also that it is the first decentralised coin and it anonymity has got many people to use bitcoin.It is very secure coin.And seeing at that current price spike, I think it remain at top for decades.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: JimmieA on August 23, 2017, 05:10:00 PM
I think the main factor that makes btc today is the increase in the number of people who know and use btc. As a result, the demand for btc will increase and the price will increase. Bitcoin is the first digital currency that people know and is accepted by people as the main currency in their transactions, so the altcoins can not pass the btc.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Jarkss on August 23, 2017, 05:25:25 PM
What made Bitcoin so successful I think is the awakening of people about the truth that our existing money system is a big scam. People are starting to realize that bitcoin can be a solution with this problem.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: wearepoor on August 23, 2017, 05:35:50 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

Bitcoin is very successful today but it has faced lot of ups and down during its journey over the years. People liked the idea of decentralized currency and its innovative features. More and more people have started to trust and invest into the bitcoins; as the bitcoins are gaining trust and popularity, its price is increasing by each passing day.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: SirLancelot on August 23, 2017, 09:31:35 PM
Thre big advanatage o bitcoin is the fact that it was first cryptocurrency introduced. But if didn't have users support there wouldn't be success. People realised that bitcoin gives great opportunities to make profit, to use it as a payment method, as an investment, to move from the banks and governements and that the value is rising. That all contributed for bitcoin to become what it is now. I think that still in early stage people realised that bitocin is inevitable future and that was the beginning of the success. 

Well it has goods but sometimes btc has also its bad effect. Not the btc itself is bad but depends on who and how people will use it. But generally it helped a lot of people everywhere in the globe. I for one admit that my life has changed when i discovered btc. Sometimes only the big traders are still becoming rich and small time traders tend to have just small profits over the time. But i guess everyone is free to do whatever strategy to become also a rich bitcoiner.
Bitcoin is misused by bad people. These people cannot run away from detention forever. The usage is wrong not the bitcoin technology. Many good people have used this technology in the right way. So it proved to be a blessing for them. However, in trading you need patience and strategy in order to earn huge profits.
It’s not bitcoins which should be cursed rather those who come up with wrong usage. Such people do not deserve this technology but the sad fact is we cannot stop them from using it. They are problem creators and do not deserve to live. They should be punished severely for playing with people's lives.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Ronaldcoin2017 on August 23, 2017, 09:38:11 PM
This is due to massive support received by bitcoin since inception, although bitcoin started slowly but presently bitcoin is gaining more and more popularity and adoption in many countries making it one of the best cryptocurrency and the fact it is decentralized currency and being used as a  means of payment makes bitcoin to be were it is today.
yes i agree it is all about how everybody support using it in the internet based technology .because  as if today the bitcoin is now verry valuable that is why ita price is more higher if we compair it in the past 3 years from now.we the supporters of bitcoin make bitcoin as it is  today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: WaterPower on August 23, 2017, 09:40:43 PM
Well it was the first cryptocurrency, which grabbed many people's attention, and is why it is so successful


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Remainder on August 23, 2017, 10:11:19 PM
Well it was the first cryptocurrency, which grabbed many people's attention, and is why it is so successful

Yes that's true! more people and big companies are own huge value of bitcoin and other want to have bitcoin too that's why it's has huge market value now


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: dobladi on August 23, 2017, 10:17:08 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Yes . It is indeed of its community. Bitcoin remained the no.1 cryptocurrency for a long period of time becuase of its large community that highly affects its market demand. The support from the community makes its market value increase compared to altcoins. And now that more people are engaging into Bitcoin, surely it will be more successful.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: angaper on August 23, 2017, 11:13:48 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

Comparatively, ethereum could be considered more successful in several aspects as well as in the price achieved in a much shorter time than bitcoin, so we can not say that no altcoin has been able to break the hegemony of bitcoin, and this should also be considered as an advance of the many developments in technological matters that are to come, and that certainly could see the bitcoin definitively fall from the leadership that until now has maintained.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: agustina2 on August 23, 2017, 11:34:32 PM

 
Bitcoin is very successful today but it has faced lot of ups and down during its journey over the years. People liked the idea of decentralized currency and its innovative features. More and more people have started to trust and invest into the bitcoins; as the bitcoins are gaining trust and popularity, its price is increasing by each passing day.

Being decentralized doesn't always will bring good result as while we are getting big advantages and benefits by using bitcoin, it can also bring good advantages and benefits for illegal and shady transaction.

For bitcoin to be fully accepted they must be recognized by the government. No way we can stay decentralized for long time.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: laluna24 on August 23, 2017, 11:49:11 PM
Well it was the first cryptocurrency, which grabbed many people's attention, and is why it is so successful
Bitcoin become successful today because of the users and supporters who uses bitcoin. With its continues support that until today bitcoin is still existing. Yes I agree it grab by many because of its value and benefits offer to the users.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: assyla on August 23, 2017, 11:53:19 PM
There are reasons such as :
1. Bitcoin have biggest community and some of them are loyal.
2. Bitcoin is the first decentralized currency, few people tried this in past, but ended failure or stopped by government.
3. Bitcoin development involved lots of experienced/many developers while other altcoin simply clone/modify bitcoin/altcoin source codes.
4. Bitcoin is actively developed even though in few years it's stuck due to different ideas to upgrade bitcoin a.k.a drama.
5. Many merchants accept bitcoin if you compare it with merchants who accept altcoin.
There are so many reasons about this why bitcoin become bitcoin as of today.  Bitcoin as of now have the biggest numbers of users, as you can see there billions of users are using bitcoin as a tool of earnings. Bitcoin was actively developes as of now and they tried to make this good.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Fortress12345 on September 01, 2017, 04:42:21 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Yes, its because of the support of the community. Bitcoin helps many people so everyone embraced it and support so that it become successful and also to share it with others. Everything can be successful because of the supporters and nothing can be successful without the people working behind it.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: gribble on September 03, 2017, 02:53:42 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Bitcoins is new revolution in digital currency combined with technology in internet, it is new idea never think before by the Banks and the government. Bitcoins is more transparant, decentralized than fiat currency because of this new idea many people adopt, support and finally many people be trusted in bitcoins and invested in bitcoins, until today bitcoins becomed succesfull in digital currency.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Samboo on September 03, 2017, 02:54:59 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Bitcoins is new revolution in digital currency combined with technology in internet, it is new idea never think before by the Banks and the government. Bitcoins is more transparant, decentralized than fiat currency because of this new idea many people adopt, support and finally many people be trusted in bitcoins and invested in bitcoins, until today bitcoins becomed succesfull in digital currency.

Anonymous transfer of money.
Mostly for illegal transactions.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: vinc3 on September 03, 2017, 03:55:53 AM
Bitcoin is bitcoin today due to the awesome support of us the community. Bitcoin won't reach its status today if we don't give our 100 support and belief. As we all know bitcoin might be the future of finance, and be of a good investment in the near future. All we need to do is share it more so that the support will continue. But as we can observe payment is  getting high, so if we wanted to prosper more in this business we need to lower the fees.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: vinc3 on September 03, 2017, 06:09:54 AM
Bitcoin is bitcoin today due to the awesome support of us the community. Bitcoin won't reach its status today if we don't give our 100 % support and belief. As we all know bitcoin might be the future of finance, and be of a good investment in the near future. All we need to do is share it more so that the support will continue. But as we can observe payment is  getting high, so if we wanted to prosper more in this business we need to lower the fees.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Loveydovey04 on September 03, 2017, 06:49:30 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
I guess it is you and I and the rest of us who love and support bitcoin forming a big community of bitcoin patriots.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: pragna on September 03, 2017, 08:00:36 AM
Hi,

The earnings of currency makes my mind `Bitcoin' is for today. It's a great earning site for every body who know it will. i didn't know about it before but my friends know about it and they inspire me about it. When i came here i seen that actually it has a great opportunity to earn beside a job. It has a large market to work. if i have a good knowledge about it i can earn money and nobody deprive me from it. It's a peer to peer market and nobody can't control the market, it is the greatest opportunity to work. so i suggest every come,see and work.

Thanks.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: severaldetails on September 03, 2017, 08:12:11 AM
Bitcoin started with wanted features: It is anonymous, you can transfer money across boarders with it, it goes (went) fast.
In the beginning of bitcoin those were reasons why people bought it.
And like everything else that has a certain demand, bitcoin got more expensive.
That brought the altcons on the plan. They are way more important than most people think.
Through the option of trading more and more money went into the crypto world. And in bitcoin as well.
The more money could be made the bigger the popularity was.
Until the reasons to buy bitcoins changed from what they were in the beginning to pure investment.
Right now bitcoin is two things I think: an investment and the glue that keeps the altcoin and trading system together.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: fossilized on September 03, 2017, 08:39:25 AM
I would credit the dark web for partially contributing to the rise of bitcoin. It was a hugely utilized decentralized currency then, evident by the fall in BTC price when silkroad got busted. Thankfully after that it went into mainstream and due to the momentum it already had with a strong community behind it, the rest was history. The community really made it into what it is today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: usman.temuri on September 03, 2017, 08:45:18 AM
Bitcoin tends to make people crazy and not just Bitcoin fanboys, venture capitalists and Libertarians


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: cydrix on September 03, 2017, 08:49:03 AM
It was made by unconventional hardships and imagitivity like crazy and all the steps and process to make this masterpeice by the time goes by many investors have been interested and charmed by its uniqeness


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Mcdacillo on September 03, 2017, 10:02:23 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
I think because of the people. It's because of the people who truly supports bitcoin. Maybe they start from bitcoin and they want to continue in bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Prodigan786 on September 03, 2017, 03:11:17 PM
There is number of reason like it is the first crypto currency widely accepted and most of the people completely relating crypto currency to bitcoin. But for me the main reason is converting fiat to cryptocurrency in my country there is no way to buy other cryptocurrency directly without buying bitcoin atleast ether also I can't buy.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: DoublerHunter on September 03, 2017, 03:27:30 PM
Bitcoin is bitcoin today because of the support of the people in this community and also the people who doesn't gave up in using bitcoin and still using it even there is a huge market failure and even most of their friends or relatives told him to not trust bitcoin. Those people who promoted bitcoin and also believe in bitcoin bring bitcoin on what is it to day and nothing can beat the love of the people to something.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: niisarearning on September 03, 2017, 03:35:23 PM
Bitcoin is the widely known  cryptocurrency people are investing in bitcoin using fiat currency and also trading altcoins and finally converting to bitcoin so in all terms bitcoin gains profit and unstoppable hero now.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: irmasany on September 03, 2017, 03:43:38 PM

bitcoin has undergone a long period of time and revolution that makes bitcoin even more popular.
there is no coincidence here, this is the cycle of the bitcoin revolution, and it becomes as big as it is today. one of the factors that attracted the sympathy of the world community and many new investors who invested for bitcoin.
and we see the current bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: ProzCoin on September 03, 2017, 04:46:43 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Bitcoin is the first cryptocurrency on the planet and therefore, it is supported by many kinds of people including hackers and dark organization. There are many altcoins but It will take many years for them to defeat bitcoin because right now people are trying to make bitcoin greater so that it can be adopted by the governments. Once bitcoin is accepted, it will be a good chance for altcoin to rise and become stronger


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Ewinsane on September 04, 2017, 05:53:11 PM
It was made by unconventional hardships and imagitivity like crazy and all the steps and process to make this masterpeice by the time goes by many investors have been interested and charmed by its uniqeness
Yes,  it’s all about its uniqueness. Bitcoin is unique, and is the first Crypto currency, which made it to be the most reliable. Though it really went through a lot of hardship, I believe it wasn’t  easy for those that struggled to make it what it is today. I don’t even mind the fools that got into it today to seek personal interests and destroy everything.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: YellowRiver on September 04, 2017, 10:31:08 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
I guess it is you and I and the rest of us who love and support bitcoin forming a big community of bitcoin patriots.
In this world, anything that gets support of masses rules and survive, then times come when you cannot touch them. For instance, all the celebrities, business man and government people were once nothing but then they started to work and gather people votes. The more votes they have, the more precious they become. Bitcoin did the same.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Bitcoincole on September 05, 2017, 01:28:51 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
I guess it is you and I and the rest of us who love and support bitcoin forming a big community of bitcoin patriots.
In this world, anything that gets support of masses rules and survive, then times come when you cannot touch them. For instance, all the celebrities, business man and government people were once nothing but then they started to work and gather people votes. The more votes they have, the more precious they become. Bitcoin did the same.


Beginning of bitcoin as Satoshis Nakamoto invented it helps the people to be more wise and easy solve the different things that is hard to do.
As Bitcoin grown faster every year base on statistics they found, that is because of the population of bitcoiners increasing rapidly giving the light of every country to boom.
Because of fastest growing economy it gives.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Gabrieelle on September 05, 2017, 01:50:05 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
I think its because this is the first crypto currency and it has also the largest amount value among the other crypto currency that's why there are many people who wants to invest in bitcoin because of its popularity. Aside from that bitcoin is easy to earn than the other cryptocurrency.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: sofi@ on September 05, 2017, 02:46:29 AM
Bitcoin became popular because of its unpredictable feature that attracts investors and other bitcoin users. The value suddenly increases and sometimes decreases but it remain valuable item for investment. The demand in bitcoin continue to grow and also it's value, more people get interested in bitcoin specially now that the value keep appreciating from time to time. I think in future time many will adopt bitcoin and it will become the most powerful crypto currency in the world.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: suryati on September 05, 2017, 03:21:32 AM
Bitcoin became popular because of its unpredictable feature that attracts investors and other bitcoin users. The value suddenly increases and sometimes decreases but it remain valuable item for investment. The demand in bitcoin continue to grow and also it's value, more people get interested in bitcoin specially now that the value keep appreciating from time to time. I think in future time many will adopt bitcoin and it will become the most powerful crypto currency in the world.

yes I agree with you even though this week bitcoin suffered a correction due to several issues related to crypto, so as to affect the current altcoin price reductions, but I am sure the next 3 years bitcoin prices will increase, so when the price falls in time to buy for those who dare to take risks and hopefully will get the profit. 


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: deddod on September 05, 2017, 03:26:13 AM
Bitcoin became popular because of its unpredictable feature that attracts investors and other bitcoin users. The value suddenly increases and sometimes decreases but it remain valuable item for investment. The demand in bitcoin continue to grow and also it's value, more people get interested in bitcoin specially now that the value keep appreciating from time to time. I think in future time many will adopt bitcoin and it will become the most powerful crypto currency in the world.
I agree with you, that bitcoin will be much to adopt in the future.
but the bitcoin weakness that I feel right now is the delay of bitcoin transactions so I have to wait 10-15 minutes until the transaction is over.
hopefully this deficiency can be fixed in the future. I want a bitcoin transaction speed like sending SMS.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: J-Spark on September 05, 2017, 03:46:12 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
i guess it made bitcoin the bitcoin today, cause more people used this and studied how bitcoin works and how to earn a high amount of money from it. this also made it the bitcoin because the value of bitcoin increases high or even very high, and if we wait a bit longer then maybe it would get even higher and we could get of course a better amount of money.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: CryptoBry on September 05, 2017, 03:47:37 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

I think aside from the fact that it is the first one and the original, the market really accepted Bitcoin and so far it has the biggest volume in trading and the most valuable coin as of now. Meaning to say that the market look up all the other coins as just copycats (well some of them are really not) and they just belong below the number 1 which is Bitcoin. This is akin to the original wife and all the other mistress could not replace the throne of the first one who occupied it.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Dudeperfect on September 05, 2017, 03:50:35 AM
I believe the strong support from the users deserve the credit for helping Bitcoin to achieve this level. I appreciate those who not only held Bitcoins in their wallet but also spent it for the growth of the network.

Active community, strong user base and growing awareness along with utility value made today's Bitcoin and I don't see any alt-coin as of now which can replace Bitcoin. In next 10 years, I am expecting exponential growth in the user base as we are heading towards a healthy market environment for crypto currency transactions.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: jamids on September 05, 2017, 03:57:21 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

Many people believe the technology behind bitcoin that's why many altcoins follow suit wanting to be as successful as bitcoin or even surpassing it but to no avail cause bitcoin is the father of cryptos and that is where these all has started because of bitcoin. It is the most famous cryptocurrency and in fact the people who do not really research further thought that bitcoin and cryptocurrency are one and it is the only one existing. Bitcoin has been tested many times that's why there are crashes in the past but due to the support and belief of people to the digital money, it is still rising so that what makes the bitcoin it is today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: uelque on September 05, 2017, 04:09:28 AM
For me, the thing that made the Bitcoin very successful is because of the people who are still believing on it and keep on patronizing it. It will not last long if there are no people buying it and investing on it. It is now becoming more popular worldwide and I know that it will be more successful in the near future.

You're exactly right. Without the people (us) who is investing on bitcoin and still believing that it will last longer, bitcoin will be just a simple cryptocurrency. But with the help of all, bitcoin became bitcoin it is today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: BartS on September 05, 2017, 05:13:39 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
There is not a single factor there are many, the first and the most important is that bitcoin is the first crypto and that gives to it a massive advantage, second bitcoin was developed by an honest person, satoshi did not created bitcoin to benefit himself unlike many devs of today, third the community believes in bitcoin thanks to the previous two points, fourth the current devs are the best, fifth the 21million bitcoins cap, and that is just the first five that came to my mind.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Streamlink on September 09, 2017, 10:37:16 AM
Bitcoin became popular because of its unpredictable feature that attracts investors and other bitcoin users. The value suddenly increases and sometimes decreases but it remain valuable item for investment. The demand in bitcoin continue to grow and also it's value, more people get interested in bitcoin specially now that the value keep appreciating from time to time. I think in future time many will adopt bitcoin and it will become the most powerful crypto currency in the world.

yes I agree with you even though this week bitcoin suffered a correction due to several issues related to crypto, so as to affect the current altcoin price reductions, but I am sure the next 3 years bitcoin prices will increase, so when the price falls in time to buy for those who dare to take risks and hopefully will get the profit. 
I also think the appreciation, investing and the marvelous features of bitcoin make it the bitcoin of today. It is all due to the wide interest of the peopleworldwide that bitcoin of 2009 has increased its value and price more than 30 times, and the faith of the people are promoting.

By the people interest and huge investing in bitcoin the price of bitcoin is increasing day by day and may it cross 5000 dollar per bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Naster on September 13, 2017, 11:24:15 AM
By the people interest and huge investing in bitcoin the price of bitcoin is increasing day by day and may it cross 5000 dollar per bitcoin.
Let's hope so because at this time, it does not really look good...


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Pasnik on September 13, 2017, 11:37:40 AM
By the people interest and huge investing in bitcoin the price of bitcoin is increasing day by day and may it cross 5000 dollar per bitcoin.
Let's hope so because at this time, it does not really look good...
Bitcoin it made today because of the users who believes bitcoin until these days. Well let's hope that value will reach into $5000. As today price is currently downtrend.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Naster on September 13, 2017, 03:31:10 PM
By the people interest and huge investing in bitcoin the price of bitcoin is increasing day by day and may it cross 5000 dollar per bitcoin.
Let's hope so because at this time, it does not really look good...
Bitcoin it made today because of the users who believes bitcoin until these days. Well let's hope that value will reach into $5000. As today price is currently downtrend.

What is the reason of the current downtrend? started already few days ago, not today


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: kuyaJ on September 13, 2017, 03:55:03 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?

We know that japan is technologized country thats why japanese have the power to improve what they have and the founder (Satoshi Nakamoto) was from Japan so bitcoin can be famous or too much uses because it is the one that they know than other coin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: bitbunnny on September 13, 2017, 04:02:41 PM
One of the advantages that Bitcoin had and why has made the success is because it was first and the concept was well designed. I also think that it has appeared on the market in the right time and timing is also important because we all know how many good ideas and projects failed because they appeared too soon or too late.
I think that Bitcoin is still unique and the first, all other altcoins are just trying to copy it.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: pitiflin on September 13, 2017, 04:03:23 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
The thing what brought bitcoin till here,is that bitcoin is the very first crypto currency and people were like yeah we can go for it as the price wasn't much in the beginning, agreed it had some technical issues but that was also solved and the features of bitcoin was quite appealing to people, so they thought even if it's a fail, what loss will we get and they had very less to lose and the more people joined and this forum also contributed a lot for bitcoin's success. And now here we are with bitcoin 's price revolving around 4000$-5000$.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Esmeral on September 13, 2017, 04:03:49 PM
I believe Bitcoin itself has made the bitcoin up as it is today
In addition, it is the power of communication


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: BingoDog on September 13, 2017, 04:07:35 PM
People who use bitcoin has made it what it has become. Without its users bitcoin wouldn't be worth anything. It has passed a long way from the begininig up to know and with time it has begun more firm, resilient, accepted, even regulated. This wasn't easy way but I beleive that now on it will go much smoother.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: joganuts on September 13, 2017, 04:13:58 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Considering its the first digital currency or cryptocurrency exist wayback before into those years. It might not get the attention directly from most people but there are some who do believe on its potential and Satoshi did really make a great innovation when it comes into payment system which we do see on its white paper on whats the purpose of the creation of bitcoin and now we are witnessing its success.
Setting and establishing a name and price in the market is one or the best thing bitcoin brought on the preceding years. Becasue it is the part where it experience development and growth in terms of price, transactions and vekue through out the market. Hence , people are also a vital part for its development becasue we are the one who regulated it stock on the market which indicates its price.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: BossMacko on September 22, 2017, 06:36:55 AM
For me the reason why we are seeing Bitcoin today as a very successful cryptocurrency are because of the people who are supporting it from the very start. Without their support Bitcoin will not be known on most part of the World. Also one that is very responsible in getting the knowledge of Bitcoin is this forum.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Kuchiyose on September 22, 2017, 06:46:11 AM
For me the reason why we are seeing Bitcoin today as a very successful cryptocurrency are because of the people who are supporting it from the very start. Without their support Bitcoin will not be known on most part of the World. Also one that is very responsible in getting the knowledge of Bitcoin is this forum.

That right, many ways Bitcoin to be better than other coins because of the support of many people and the existence of this forum that makes everyone know the bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: alex 666 on September 22, 2017, 09:07:38 AM
this is my list why bitcoin so successful?

- security No one hack it

-Global every one use it

- anonymous  no id needed

- use in Deep/Dark net
-Hackers use it 


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Simple_Man on September 22, 2017, 09:34:37 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?


Bitcoin is the mother of all crypto currencies and BlockChain technology started its journey with bitcoin only. So that pioneer status has made bitcoin immensely popular and enjoying the public trust since its inception. Bitcoin has made the blockchain popular and with it comes all the altcoins what we have today.

Also the idea of decentralization came in to picture with bitcoin which got back-up from the communities around the world. Overall i believe bitcoin became popular because it was the pioneer in crypto coin. Otherwise, we have a lot of coins available in the market today which is technologically superior than bitcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: holdingkrypto on September 22, 2017, 09:50:57 AM
I agree with previous replies but I would add this lecture with a very good perspective: https://www.linkedin.com/pulse/id-known-what-we-were-starting-ray-dillinger


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Inkdatar on September 22, 2017, 10:01:37 AM
For me the reason why we are seeing Bitcoin today as a very successful cryptocurrency are because of the people who are supporting it from the very start. Without their support Bitcoin will not be known on most part of the World. Also one that is very responsible in getting the knowledge of Bitcoin is this forum.

That right, many ways Bitcoin to be better than other coins because of the support of many people and the existence of this forum that makes everyone know the bitcoin.
Bitcoin made it today because of the users. With the users bitcoin become popular and ofcourse yes the people who support in bitcoin. Thats why the demand is increasing and the advantages it has.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: BrewMaster on September 22, 2017, 10:12:35 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?


Bitcoin is the mother of all crypto currencies and BlockChain technology started its journey with bitcoin only. So that pioneer status has made bitcoin immensely popular and enjoying the public trust since its inception. Bitcoin has made the blockchain popular and with it comes all the altcoins what we have today.

Also the idea of decentralization came in to picture with bitcoin which got back-up from the communities around the world. Overall i believe bitcoin became popular because it was the pioneer in crypto coin. Otherwise, we have a lot of coins available in the market today which is technologically superior than bitcoin.

the idea of "decentralization" was already around. specially in other fields. for example the file sharing (torrents) is a very good example of it where the term "peer" gained a new meaning. and bitcoin is similar with everything being peer to peer when they build on top of the longest chain that everyone shares.

the idea of decentralizing money became famous with bitcoin though.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: voztata on September 27, 2017, 01:24:55 PM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?


Bitcoin is the mother of all crypto currencies and BlockChain technology started its journey with bitcoin only. So that pioneer status has made bitcoin immensely popular and enjoying the public trust since its inception. Bitcoin has made the blockchain popular and with it comes all the altcoins what we have today.

Also the idea of decentralization came in to picture with bitcoin which got back-up from the communities around the world. Overall i believe bitcoin became popular because it was the pioneer in crypto coin. Otherwise, we have a lot of coins available in the market today which is technologically superior than bitcoin.

the idea of "decentralization" was already around. specially in other fields. for example the file sharing (torrents) is a very good example of it where the term "peer" gained a new meaning. and bitcoin is similar with everything being peer to peer when they build on top of the longest chain that everyone shares.

the idea of decentralizing money became famous with bitcoin though.
Yes that’s right– the word “decentralization” was made famous through Bitcoin. I started coming across that word ever since I discovered Bitcoin, and I think that’s one thing that made bitcoin what it is, because most of the people ask always says it’s decentralization.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: Restmand on October 25, 2017, 02:21:22 AM
What made Bitcoin so successful? How couldn't altcoins like defeat it at the early stages? Is it because of the overwhelming support of the community that made bitcoin what it is today?
Maybe what Bitcoin make it successful is that people now understand the digital currencies or crypto currency then are now understand the internet that make it possible that they trust Bitcoin unlike in the past years internet was just starting to understand by others. Also maybe some are trying somethings to make their investment grow. Also some famous person helps the Bitcoin community/industry to become trusted by other people.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: adadaorlina on October 25, 2017, 03:14:28 AM
Because i think  its uniqueness! has its own characteristic acceptable at the expense of individuality and sincerity. no single institution controls it so u have financial freedom, Compared to traditional Bank account Bitcoin account can be set up easier.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: meanwords on October 25, 2017, 11:03:45 AM
Because of it's abilities. The ability to transfer money without anyone knowing who you are, Security and it's overwhelming support from around the world. and lastly, it has one of the best team which is really dedicated to thier goal. There might be alot of coins spread in the internet but they are just copycat and a portion of what Bitcoin can do so most of them fail and probably all of them will never beat Bitcoin and just stays as an Altcoin.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: helars2008 on October 25, 2017, 11:54:30 AM
Bitcoin is bitcoin today simply because it is the first.  The first one to offer the people the capacity to do what they wanted with their own money without the fear of government peeking at their transactions.  Bitcoin may have indeed been use in illegal activities but we cant deny the fact that it is one of the factors that pushes bitcoin to what we know it today.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: arnux on October 25, 2017, 12:02:21 PM
It's become so big because it's had constant media exposure which has improved the price ten fold.


Title: Re: What made 'Bitcoin' the Bitcoin it is today?
Post by: bitorama on October 25, 2017, 12:07:00 PM
because in bitcoin we trust, the trust made bitcoin bitcoin