Why Bitcoin has power nowadays ?

[lixer]

Bitcoin can become more powerful because it is the first crypto currencies that was created, and bitcoin has earned a lot of trust because it exists longer than other crypto currencies, and because it is decentralize, the more user it's mean more valuable the coin become

Also because of the value it gives to many lives in the entire world and the simplicity and transparency it has offer. It is here to stay and everyone will enjoy it. Everyone will always say about good of bitcoin because it has many potential to enhance our life style.

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[Babayega31]

Bitcoin can become more powerful because it is the first crypto currencies that was created, and bitcoin has earned a lot of trust because it exists longer than other crypto currencies, and because it is decentralize, the more user it's mean more valuable the coin become

Also because of the value it gives to many lives in the entire world and the simplicity and transparency it has offer. It is here to stay and everyone will enjoy it. Everyone will always say about good of bitcoin because it has many potential to enhance our life style.

It has very positive effect to peoples lives in terms of convenience in every aspect of money management.
Most people feel safer of their bitcoin accounts which they store in their wallets and make use of it of online transactions and it brings comfort and lot of saving time.

[Financial_Genius]

China, with its high rate of economic growth, plays an important role in the Bitcoin space. And in light of the findings of a recent report by Goldman Sachs, a huge influence in this country becomes apparent. The report shows that almost 80% of Bitcoin trading volume over the last six months have on the yuan. Surprisingly, only 19% of exchange passed on the US dollar and 1% Euro.
The fascination with bitcoin in China continues to grow, despite the fact that the people's Bank of China (PBOC), the country's Central Bank banned Bitcoin transactions at banks, retailers and payment operators, including Alipay and Tencent.

[xuan87]

Bitcoin can become the most powerful crypto currencies because it was the pioneer of the crypto currency and then bitcoin stability is better than other alt coins , the security and price also at a better level compare to other alt coin, the bitcoin stability price increasing is one of the reason people believe and keep on using bitcoin

[epitome]

Bitcoin can become the most powerful crypto currencies because it was the pioneer of the crypto currency and then bitcoin stability is better than other alt coins , the security and price also at a better level compare to other alt coin, the bitcoin stability price increasing is one of the reason people believe and keep on using bitcoin

the market penetration and reach bitcoin has being the first crypto currency is the reason it is rising above everyone's expectation and keep on rising but i wonder what will happen when the last block reward is mined i dont know whether the bubble will burst,only with time you would know that,at the moment it is well and great 

[stark101]

People are beginning to realized the unique qualities of bitcoin. More importantly, they are seeing that there is a community of people that believe in Bitcoin and are using and investing in it. Bitcoin has become the new power in the world as we all know that all sides deal with it so it has to survive until it  become the powerful source of life.

[MingLee]

People are beginning to realized the unique qualities of bitcoin. More importantly, they are seeing that there is a community of people that believe in Bitcoin and are using and investing in it. Bitcoin has become the new power in the world as we all know that all sides deal with it so it has to survive until it  become the powerful source of life.

Communities are essentially one of the biggest determining factors for whether or not an altcoin is going to succeed or fail. Most of the time, an altcoin fails because it lacks that crucial factor - a dedicated community.

Litecoin became a big thing because there was a community rallying behind it, same with dogecoin. Now, since the community became more silent, both have become more valueless and their relevance has drifted into the abyss of altcoins.

Communities will always be the single biggest power structure.

[Xester]

This question is simple to make it straight to the point, the main reason why bitcoin has power is not the right question. The right question is what is the source of bitcoins power. The source of bitcoins power is the support of the community. Without the community bitcoin will not have any market value and so like all of the other coins. Secondly, the power is getting stronger due to bitcoins buying power. And so the cycle begins, trust gave birth to value, and value strengthens that trust. Thats how bitcoins power cycle works.

[Zadicar]

Bitcoin can become the most powerful crypto currencies because it was the pioneer of the crypto currency and then bitcoin stability is better than other alt coins , the security and price also at a better level compare to other alt coin, the bitcoin stability price increasing is one of the reason people believe and keep on using bitcoin

the market penetration and reach bitcoin has being the first crypto currency is the reason it is rising above everyone's expectation and keep on rising but i wonder what will happen when the last block reward is mined i dont know whether the bubble will burst,only with time you would know that,at the moment it is well and great 

It will happen on our lifetime on which the last block will be mined and we would able to witness bitcoins potential not only on that year but on the years will pass by.As you said bitcoin is doing great as of these days and it will surely continue and prices will really tend up to rise since adoption is also increasing as the days goes by people are already caught by bitcoin.

[Yuuto]

Well I think why bitcoin has power is because its potential is finally realised. It is no longer considered to be a ponzi scheme by outsider news programs but rather something that is bringing innovative ideas to society.

Bitcoin has the potential to solve many things and create a better standard of living worldwide. We just gotta use it the right way.

[Babayega31]

People are beginning to realized the unique qualities of bitcoin. More importantly, they are seeing that there is a community of people that believe in Bitcoin and are using and investing in it. Bitcoin has become the new power in the world as we all know that all sides deal with it so it has to survive until it  become the powerful source of life.

It has power nowadays because people are using it as a source of financial needs and their life depends from it, just like fiat money life is nothing without it due to its the source of life which can support of daily needs specially for foods which sustains life in the world. Bitcoin power is awesome specially on the purposes you can get from it like earning it through profitable ways like altcoin tradings, playing fun games at gambling sites and even signature campaigns btc is paid to you, ideas is worth paid of bitcoin.

[Bitcoin0916]

Well I think why bitcoin has power is because its potential is finally realised. It is no longer considered to be a ponzi scheme by outsider news programs but rather something that is bringing innovative ideas to society.

Bitcoin has the potential to solve many things and create a better standard of living worldwide. We just gotta use it the right way.

For now, bitcoin is power because still not yet mistake. But I still believe that future day we will have a best cryptocurrency that better than bitcoin. Many cryptocurrency expert predict that Monero or Etherium is better than bitcoin. Is will replace near day?

[bitcoinisbest]

It is a first currency which is virtual and had the value to zoom past 1000$ though it came down but still it has highest market cap as compared to alt coins. Also the various other altcoin cam and went away only few genuine still exists for now.

[Xenophoto]

This question is simple to make it straight to the point, the main reason why bitcoin has power is not the right question. The right question is what is the source of bitcoins power. The source of bitcoins power is the support of the community. Without the community bitcoin will not have any market value and so like all of the other coins. Secondly, the power is getting stronger due to bitcoins buying power. And so the cycle begins, trust gave birth to value, and value strengthens that trust. Thats how bitcoins power cycle works.

That's the nature of a decentralized network. Bitcoin has no physical value, it's only a data but yet here we are investing in it every single day. We invest our time and money in bitcoins even though we know that there's no company that we can blame or ask for help when something bad happens to your bitcoins. The trust of the users is the only thing that's giving bitcoins strength. There's no point or a certain source of bitcoin power, only the people that supports it. Without us, the bitcoin users, bitcoin will just be nothing.

[iqlimasyadiqa]

It is a first currency which is virtual and had the value to zoom past 1000$ though it came down but still it has highest market cap as compared to alt coins. Also the various other altcoin cam and went away only few genuine still exists for now.

bitcoin has a remarkable capacity for a currency. bitcoin greatest strength is its use very easy. You will not find a currency such as bitcoin. believe that this is a reality.

[pealr12]

Bitcoin still dont have enough powers to replace dollar. Bitcoiin is only a baby for now and   after ten years ,bitcoin can get the powers that it needs to replace $.. or even the different currencies around the world.

[btcdevil]

This question is simple to make it straight to the point, the main reason why bitcoin has power is not the right question. The right question is what is the source of bitcoins power. The source of bitcoins power is the support of the community. Without the community bitcoin will not have any market value and so like all of the other coins. Secondly, the power is getting stronger due to bitcoins buying power. And so the cycle begins, trust gave birth to value, and value strengthens that trust. Thats how bitcoins power cycle works.

That's the nature of a decentralized network. Bitcoin has no physical value, it's only a data but yet here we are investing in it every single day. We invest our time and money in bitcoins even though we know that there's no company that we can blame or ask for help when something bad happens to your bitcoins. The trust of the users is the only thing that's giving bitcoins strength. There's no point or a certain source of bitcoin power, only the people that supports it. Without us, the bitcoin users, bitcoin will just be nothing.

What you are replying i dont agree with it, it is right that bitcoin users are the strength of it. but you can see that their are so many users who are now able to earn online through bitcoin which gave then financial freedom apart from that bitcoin technology can give you hassle free transaction with less fees and fast transaction. when comparing with fiat currency and banking system you can see that through bitcoin you can do lot of things with less fees.

[TheGodFather]

bitcoin is so powerful and its enough for us to use it. because we can instantly send and received money through our bitcoin address. and still looking forward on bitcoin i hope many investor would invest in bitcoin to make it more broad to others . if we're all gonna using this as our primary digital currency it could help the flow of our economy.

[Xenophoto]

This question is simple to make it straight to the point, the main reason why bitcoin has power is not the right question. The right question is what is the source of bitcoins power. The source of bitcoins power is the support of the community. Without the community bitcoin will not have any market value and so like all of the other coins. Secondly, the power is getting stronger due to bitcoins buying power. And so the cycle begins, trust gave birth to value, and value strengthens that trust. Thats how bitcoins power cycle works.

That's the nature of a decentralized network. Bitcoin has no physical value, it's only a data but yet here we are investing in it every single day. We invest our time and money in bitcoins even though we know that there's no company that we can blame or ask for help when something bad happens to your bitcoins. The trust of the users is the only thing that's giving bitcoins strength. There's no point or a certain source of bitcoin power, only the people that supports it. Without us, the bitcoin users, bitcoin will just be nothing.

What you are replying i dont agree with it, it is right that bitcoin users are the strength of it. but you can see that their are so many users who are now able to earn online through bitcoin which gave then financial freedom apart from that bitcoin technology can give you hassle free transaction with less fees and fast transaction. when comparing with fiat currency and banking system you can see that through bitcoin you can do lot of things with less fees.

The main thought of my post was about bitcoin users giving strength to bitcoins. I don't know how everything else in your post (the ones in bold) is related to mine. Which part of my post exactly don't you agree with? I've been reading this for 5 times now and I really don't get your point, sorry. Please elaborate or maybe rethink of what you just posted. I'm happy to engage in some conversation in this interesting topic.

[shield132]

Well, when project of bitcoin was released, it was innovation idea because there wasn't any cryptocurrency and no one knew what system and structure it was. Than it appeared on market and people introduce it. Bitcoin was and is anonymous way of transactions, there was privacy strictly protected and also people were able to mine bitcoin. So it's the reason of it's popularity, every first innovation idea is powerfull always.