Why Bitcoin has power nowadays ?

[Markzuckertion]

I think in it characteristic is better than the current currency. And also people give it value so it is being worth. Even government can not control bitcoin.

[pugman]

Bitcoin has become a new power in the world of money as we all know that all sides deal with it so it has to survive until it become the powerful source of life . So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies  ?

Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.

In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.

Bitcoin doesn't technically have any sort of power I guess, it's just people 's preference that makes it popular, I am not very much sure about it, correct me if I am wrong. You also mentioned bitcoin has to survive until it becomes the powerful source of life,well it doesn't work like that, bitcoin being intangible cannot be the most powerful source in the world.

[hpmp]

Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.

[DragonSlayer]

Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.

Actually bitcoin has lot of restriction regarding to governments insights since they doesn't adopt it yet and some of the big countries banned it nor doesn't take it seriously, But despite of that restriction Bitcoin goes hard and little by little the adoption and the price of it getting stronger and this will be the biggest asset of bitcoins to remain on top and to gather more prices and users in future.

[killerfrost]

Bitcoin has become a new power in the world of money as we all know that all sides deal with it so it has to survive until it become the powerful source of life . So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies  ?

Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.

In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.

It is easy to understand that the forces that deal with bitcoins still allow it to exist because Bitcoin really grows and they can not cope or control it. Besides, they want their economy to grow like Bitcoin so they let it survives

[giveen]

This topic might be 1 year old but it is more relevant in today's time than a year ago. Few factors which makes it powerful is surely because it's the first type so it will have the most trust undoubtedly, second of all it can be purchased online mostly from any country you reside.
Second reason it has power is because of the value anything in the world which has a high value and someone owns it means he has the power.
Thirdly it is most easy and safest way in the world for boycotting tax without needing to bribe anyone .

[Sled]

Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.

Actually bitcoin has lot of restriction regarding to governments insights since they doesn't adopt it yet and some of the big countries banned it nor doesn't take it seriously, But despite of that restriction Bitcoin goes hard and little by little the adoption and the price of it getting stronger and this will be the biggest asset of bitcoins to remain on top and to gather more prices and users in future.

Despite of all of that challenges, bitcoin still proved that bitcoin is not that easy to break down or easy to erase in the internet and even a lot of bad news are always coming up and a lot of countries are banning and disliking bitcoin then we can still see bitcoin that is growing on its price and slowly getting accepted in different countries.

[mathuo 444]

1. first cryptocurrencies .

2. high security

3. easy mining for first 10 years

4. hackers use it

[TomUyamot]

Theres just two reasons why it has power and why it is the most wellknowned cryptocurrency up to date.Simply because just like what other users said bitcoins is the basis of all altcoins,the first one to be born.And despite the big investors behide bitcoins

Being the first is always a good point. Because even if the rest that followed have been thinking about it, since they are still not the first one to create it, they will still be considered followers. They will be thought of inspired by the first. Bitcoin though is the real first in the crypto world. It is the father of cryptocurrencies. Hence the power.

[kpcian]

obviously, there are some positive sides in Bitcoin which make it the powerful in the monetary market. at first, I would like to mention the price value. day by day the price value is increasing at a high rate. secondly, it has the facilities of anonymous service so anybody can use this platform, even hackers would choose this system for the security and finally, it has a low rate of fee system so it is becoming a popular platform for the transaction purpose.

[Tamilson]

I believe that power determines by high value or being rich.
Some people now base their treatment unto someone or something base on its power.
Before only less people are interested in bitcoin but when the price boomed in the market it turned out everybody wants to have some pieces of it. Just look at the other altcoins, they call it shitcoins because of its value and few people just want to invest. Bottom line is, history always repeats itself.

[Savemore]

The bitcoin has power nowadays because many people are now using bitcoins. Many rich and billionaires are also investing in the bitcoin. The power of the bitcoin is depend to its price.

[Lubang Bawah]

Because all eyes will be on bitcoin, we all know that bitcoin is the first so it will always be the top choice for fans of cryptocurrency. In addition, bitcoin is always a reference for trading with altcoin.

[hpmp]

Classic money were created to be used in offline world.

Bitcoin was born in online world. It is natively designed to be used in the Internet. That is the source of it's power - it is convenient and people will use it anyway despite any restrictions.

Actually bitcoin has lot of restriction regarding to governments insights since they doesn't adopt it yet and some of the big countries banned it nor doesn't take it seriously, But despite of that restriction Bitcoin goes hard and little by little the adoption and the price of it getting stronger and this will be the biggest asset of bitcoins to remain on top and to gather more prices and users in future.

countries can ban anything they want. Internet requires some way to do payments more adopted to the virtual space where the Internet exist. This requirement is a native force that will always drill holes in any bans.

[kidsuzudn]

Bitcoin nowadays is presented for a new campaign of future , it's the first crypto currency that was accepted all over the world. So many investors in the world own it and they want it to expand Bitcoin's power, so their invesment will be success making them profit.

[katiecbell]

The reason why bitcoin has now power because some of the governments around the world are now legalizing it.

it's not only the reason. The other reason is, Bitcoin has so many supporters so that the demand in the market is increasing. And also the price of Bitcoin nowadays is increasing so it gain more power. the users attracted to bitcoin because they can earn from it and they can use it to buy goods in easier way.

Though gold is an old type of investment still it has large market and great number of investors. There is no doubt that people love to use gold as an ornamental thing but on the other hand, bitcoins provide you countless methods of spending them. Bitcoins and gold are the best investments in the current market.

True. The reason I think behind it is none other than but the profit and money which Bitcoin is giving to its investors. If we see the graph of market price and number of investors, we’ll get to know that number of investors have increased every time when there is an increase in the market price.

[Reid]

Bitcoin nowadays is presented for a new campaign of future , it's the first crypto currency that was accepted all over the world. So many investors in the world own it and they want it to expand Bitcoin's power, so their invesment will be success making them profit.

Yes. It had become an asset and we all know every assets like commodities really grow in value.
Just a little push in advertising and Voila! a new invesment will come offering a better service unlike.any money transfer. Good definitions made it this strong but as time goes it all changed to just an investment. It will go back to being a currency but not for now.

[spyerf]

as increased use and demand for bitcoin has now made them dominate the crypto world. Many people invest in bitcoin because of its potential potential in a short time making bitcoin stronger by itself and People are beginning to treat bitcoin as a long-term investment that is increasing their demand. Bitcoin is getting stronger and bitcoin prices are also getting higher

[btc-facebook]

as increased use and demand for bitcoin has now made them dominate the crypto world. Many people invest in bitcoin because of its potential potential in a short time making bitcoin stronger by itself and People are beginning to treat bitcoin as a long-term investment that is increasing their demand. Bitcoin is getting stronger and bitcoin prices are also getting higher

As for now , bitcoin is crash down due Chinese ICO got ban but yeah.. as we know that bitcoin is risky investation so anything can happen so if you want to make profit, decide what do you want to choose ! Let say , if you want to be investor, keep hold your bitcoin no matter what happen, don't do any panic sell

[SHANTA]

Bitcoin has no energy of its own.All control that bitcoin should charge is originated from the way that its esteem is measured against USD.If dollar wind up noticeably solid ,bitcoin esteem will fall thus the supposed power that it has.