Why Bitcoin has power nowadays ?

[agamasrori]

Bitcoin has power nowadays since many are using bitcoins online for investment and payment for job order. Aside from that the increasing price every year has attracted many users to invest in bitcoin. Many are also saving their money not on banks but purchasing bitcoins and save it on their wallet. Bitcoin is seen to be more safer than bank and offers high interest and you have it under your control.

Also bitcoin was regulated by some big country, its proof that use bitcoin is not dangerous. The bitcoin price is strong becouse the demand is always higher than the supply.

[hase0278]

In my opinion bitcoin has power nowadays not just because it is used by many people around the world but because governments just began to notice bitcoin's potential. Here in the Philippines, bitcoin's usage has been noticed by the government and will enforce rules and regulations on the usage of virtual currency. The sources of what im saying are as follows : https://business.inquirer.net/210869/bsp-eyes-rules-on-use-of-virtual-currency#ixzz4Tfq5jsdf  and this link: http://www.bworldonline.com/content.php?section=TopStory&title=bsp-readies-rules-for-virtual-money-crowdfunding&id=128609 and this link: http://www.ibtimes.ph/bitcoin-bsp-regulation-ofw-remittances-philippines-5448

[Decoded]

Bitcoin is the one and only original. It also has the support of the biggest community, since everyone using an altcoin will definitely use or have used in the past, bitcoin. No altcoin will reach that kind of support anytime soon.

[talkbitcoin]

the way bitcoin is by design gives it power and all the rest such as regulation, adoption, ... are only contributing to a potential that is not yet found.

and actually this is the only reason why bitcoin could have survived all these years and with all these attacks thrown at it by the banks, .... so many FUD and it is still going on strong.

[just_Alice]

Bitcoin has power nowadays since many are using bitcoins online for investment and payment for job order. Aside from that the increasing price every year has attracted many users to invest in bitcoin. Many are also saving their money not on banks but purchasing bitcoins and save it on their wallet. Bitcoin is seen to be more safer than bank and offers high interest and you have it under your control.

Also bitcoin was regulated by some big country, its proof that use bitcoin is not dangerous. The bitcoin price is strong becouse the demand is always higher than the supply.

That depends on a period of time we take into consideration. Sometimes the demand is lower than supply and that is when the price of Bitcoin is falling. It wouldn't be right to state that there are times when people don't need Bitcoins. They need them always, but at what price that's a question.

[Kotone]

the way bitcoin is by design gives it power and all the rest such as regulation, adoption, ... are only contributing to a potential that is not yet found.

and actually this is the only reason why bitcoin could have survived all these years and with all these attacks thrown at it by the banks, .... so many FUD and it is still going on strong.

How about the founder and ceo of bitcoin how is he today ? Bitcoin is not only of it's design because on how people use it and the big potential to grow bitcoin is getting more stonger even bitcoin faces too many problems nowadays

[Mastsetad]

Bitcoin is the one and only original. It also has the support of the biggest community, since everyone using an altcoin will definitely use or have used in the past, bitcoin. No altcoin will reach that kind of support anytime soon.

All altcoins in the markets are running just because they have a back which is bitcoin, if bitcoin wasn't there then for sure the well-running alt coins these days wouldn't have been so, because people trade those coins in order to earn more bitcoins not because they like those coins, that is true.

[whizter]

Bitcoin has power nowadays since many are using bitcoins online for investment and payment for job order. Aside from that the increasing price every year has attracted many users to invest in bitcoin. Many are also saving their money not on banks but purchasing bitcoins and save it on their wallet. Bitcoin is seen to be more safer than bank and offers high interest and you have it under your control.

Also bitcoin was regulated by some big country, its proof that use bitcoin is not dangerous. The bitcoin price is strong becouse the demand is always higher than the supply.

i think not a single country has yet regulated bitcoin but still they also have not banned it as they have not give any statement about bitcoin and that is the reason that they are using it as fiat currency.

[gabmen]

If Bitcoin has power today, it's because people need it. To get where it is now, with a market capitalization of more than twelve billion dollars, Bitcoin had to prove that it's a useful technology, that solves real-world problems, and that can make life easier for many people.

Yes that is a fact, to me bitcoin has power because people give it preference, as our whole system even the governments also run on the interests of the people therefore it the people like to accept some thing it got really a good value.

In future, it is expected that the governments will receive a lot of pressure from the people to accept bitcoin as legal currency and they will then take necessary action maybe in favor of bitcoin to legalize it.

Indeed though once that is done, i think bitcoin would be a bit different from how it is today. Governments would have a hard time to control bitcoin so if it gets legalized, of course there will be a couple of tweaks to give these people a grip of the new currency

[BeGoods]

the way bitcoin is by design gives it power and all the rest such as regulation, adoption, ... are only contributing to a potential that is not yet found.

and actually this is the only reason why bitcoin could have survived all these years and with all these attacks thrown at it by the banks, .... so many FUD and it is still going on strong.

How about the founder and ceo of bitcoin how is he today ? Bitcoin is not only of it's design because on how people use it and the big potential to grow bitcoin is getting more stonger even bitcoin faces too many problems nowadays

I think that makes bitcoin  be powerful not just designed for that, but the strength of the bitcoin because of user itself, if without a large user I'm sure bitcoin will not be strong and survive although designed very nice

[CyberKuro]

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.

The main power of bitcoin come from all of the users that have faith in bitcoin.
The faith come from the idea of bitcoinand blockchain technology with all of it advantages offered to people,
Banking system without banks, redefine the usability of money.

[bitbunnny]

Bitcoin is first virtual currency and immediately has made huge impact. It managed to become big player in financial system, shook the foundations of that system and become a kind of threath to the banks. That is power. Besides more and more users are accepting it each day and they are giving to Bitcoin the true power.

[BitcoinPC]

I think bitcoin has power becouse people start to love the rising price of bitcoin. I think bitcoun price will never fall anymore becouse the devootee is really much now.  And also bitcoin was designed te get deflation but paper money have endless printing that make it get inflation. That why I really sure that bitcoin price will not fall too much against paper money. People are loves bitcoin.

The bitcoin price can't always go high and we know this based on the past, it will have ups and downs but we hope to see it only positive balance.
Seems that people are loving the increase of bitcoin price, probably the bitcoin traders too so I hope the price will not crash for the New Year.

Yes indeed, people are loving the increase of bitcoin now since it is near a thousand, which is every one is waiting for and which makes bitcoin so powerful and for sure it will not crash down this new year,, bitcoin will give us a  fireworks like value that will makes it stronger.

[X-ray]

the way bitcoin is by design gives it power and all the rest such as regulation, adoption, ... are only contributing to a potential that is not yet found.

and actually this is the only reason why bitcoin could have survived all these years and with all these attacks thrown at it by the banks, .... so many FUD and it is still going on strong.

How about the founder and ceo of bitcoin how is he today ? Bitcoin is not only of it's design because on how people use it and the big potential to grow bitcoin is getting more stonger even bitcoin faces too many problems nowadays

I think that makes bitcoin  be powerful not just designed for that, but the strength of the bitcoin because of user itself, if without a large user I'm sure bitcoin will not be strong and survive although designed very nice

everything can't keep living on without users or community so it's right. and bitcoin is a currency therefore don't offer a service which make bitcoin not having the chance to make their users unpleased
but at the end money is money that make people want to own it. no wonder if bitcoin has the power

[DoublerHunter]

Bitcoin has power now a days because it stronger than before and it even more stable than before. If the development will continue then bitcoin will have more power and it will result for more adoption which can help bitcoin to be more popular and it can be adopted to different big countries that can help us: bitcoin users/investors/traders .

[abel1337]

I am earning morethan 0.1 btc in a week , I am playing dice game and It is gambling , Gambling make you have too much risk on each bet you do but you should have guts in order to earn fast and profitable. Of course you needed more patience and you need to control your self from greedyness

[ged00u]

Bitcoin is first virtual currency and immediately has made huge impact. It managed to become big player in financial system, shook the foundations of that system and become a kind of threath to the banks. That is power. Besides more and more users are accepting it each day and they are giving to Bitcoin the true power.

Actually, there are two digital currencies which had been created before Bitcoin. Satoshi learned something from these previous ones and made Bitcoin. However, I still agree what you have said. It is no doubt that bitcoin is an important actor in the ecosystem since it have made many impact on the financial. Banks, in particularly, will die if Bitcoin keep stronger and stronger.

[Wandering Soul~]

Bitcoin is first virtual currency and immediately has made huge impact. It managed to become big player in financial system, shook the foundations of that system and become a kind of threath to the banks. That is power. Besides more and more users are accepting it each day and they are giving to Bitcoin the true power.

Actually, there are two digital currencies which had been created before Bitcoin. Satoshi learned something from these previous ones and made Bitcoin. However, I still agree what you have said. It is no doubt that bitcoin is an important actor in the ecosystem since it have made many impact on the financial. Banks, in particularly, will die if Bitcoin keep stronger and stronger.

Yeah. Bitcoins not the first one to be invented . If I remember it correctly, I think its bit-gold and b-money, They both use hashcash as their pow algo which is now used for bitcoin mining.

So the reason is not because it is first invented but because it is the first who stood out or become successful rather . But the path that it takes before getting here is no easy cause the price fluctuates greatly

[Rostadom]

Bitcoin has power now a days because it stronger than before and it even more stable than before. If the development will continue then bitcoin will have more power and it will result for more adoption which can help bitcoin to be more popular and it can be adopted to different big countries that can help us: bitcoin users/investors/traders .

You call this more stable than before? I'm not saying that volatility is a bad thing, though. Bitcoin is not stable right now. Bitcoin was not stable. Bitcoin will never be stable.

(Image source: bitcoincharts.com)

[The_Dark_Knight]

bitcoin is verypowerful nowadays now it reach $820 barrier.. and its being used mostly half of the people in the world right now.. and the reason why its powerful right now because by saving all your money on wallet bitcoins you could actually earned by it.. ive been a bitcoin user since 2014 and I could say that bitcoin has really run well that's why bitcoin is really powerful

Bitcoin is slowly gaining adopters around the world and it is difficult to know the exact number of those that use bitcoin but we are nowhere near of having half the population of the world as users of bitcoin at best we are 1.5 million.