Why Bitcoin has power nowadays ?

[carlerha]

Bitcoin have power from the day it born. Bitcoin have power because of the technology behind it, blockchain. Now, blockchain getting more trust to apply in any important system like government, banks, and many more.
It makes bitcoin get stronger day by day.

yes i also agree with you, but to me i think bitcoin have also power because people are supporting bitcoin and that is the reason that the price of bitcoin is increasing continuously because the demand of bitcoin is increasing continuously.

[DomainMagnate]

Bitcoin has no power of its own.All power that bitcoin is supposed to command is come from the fact that its value is measured against USD.If dollar become strong ,bitcoin value will fall and so the so called power that it has

[rizkyhiw]

As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction

As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.

[Positid]

As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction

As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.

Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.

[Zadicar]

As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction

As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.

Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.

We cant still be assure that it would happen on bitcoin on next year but most of us are hoping and praying that next year would be a good year of bitcoin and could double again its value.Massive dump is still there since we cant hold the possible situations that might happen that's why its important to make use of bitcoin while its on peak price.

[legendbtc]

Yes bitcoin has more power when compared to other currencies because all other crypto's are completely depend on the bitcoin, even today market will crash once the bitcoin price is keep increasing means. Even many altcoin's tried to secure their position like bitcoin but not happened till now because the bitcoin user base are keep increasing and want to use this new technology even many people will attract to bitcoin in coming days.

[X-ray]

As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction

As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.

Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.

Surpasses the limit or the wall of the price doesn't mean it will make the next price rising will be much easier. look into the past statistics and you will realize why when bitcoin have reached above $1000 it's at a sudden fallin again into its lowest point, your saying that next year bitcoin could easily double the price really unreasonable

[KennyR]

Bitcoin is powerful from the days of its existence, because it has some value in terms of dollar or other currencies. I believe the true power is the support that bitcoin gained from more users, though its never promoted through different advertisement or through media's.

[BitHodler]

Bitcoin is powerful from the days of its existence, because it has some value in terms of dollar or other currencies. I believe the true power is the support that bitcoin gained from more users, though its never promoted through different advertisement or through media's.

Bitcoin's power lies in the fact that it offers people financial freedom where no one can touch their wealth. That's what people nowadays are looking for.

Bitcoin is also functioning as a fantastic investment tool where people have the ability to use it as a hedge against whatever you can think of. It's a win win for people using it.

There are of course more beneficial features that Bitcoin offers, but these all combined will make sure that Bitcoin will continue to grow in the coming years.

[Supercrypt]

As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction

As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.

It is true that the price of the bitcoin can reach very high values but that does not mean that it will help it get stronger, if the price has reached 1200$ and then dropped means that the bitcoin has to work more on its stability, I guess if it becomes more stable in the future then only it will become very strong.

[deadpoolx]

Bitcoin is powerful from the days of its existence, because it has some value in terms of dollar or other currencies. I believe the true power is the support that bitcoin gained from more users, though its never promoted through different advertisement or through media's.

Bitcoin's power lies in the fact that it offers people financial freedom where no one can touch their wealth. That's what people nowadays are looking for.

Bitcoin is also functioning as a fantastic investment tool where people have the ability to use it as a hedge against whatever you can think of. It's a win win for people using it.

There are of course more beneficial features that Bitcoin offers, but these all combined will make sure that Bitcoin will continue to grow in the coming years.

One of the possibilities you mentioned is probably one of the best, which is the fact that Bitcoin brings great opportunities for people willing to make investments. Using Bitcoin there are fewer bureaucratic processes to trade, or to invest in projects. This simplifies things, and makes everything easier for both the investor and the business in which you are investing.

[rizkyhiw]

As I can see, bitcoin reach highest value it means that more people interest on bitcoin
And I won't be surprise if this day has come

I dont think bitcoin has power nowadays since it isnt recognize by government but it does really give impact on some businesses and payment systems. Bitcoin is still on its earliest stage and we could able to see the potential thing that would made on upcoming future.

Yeah my goverment forbid bitcoin usage as well but the fact is bitcoin really help people to made better transaction

As far as i know the highest value achieved in November 2013 ago it was at $1200 or so
We can reach another highest value with the spirit of new year if there is no big correction
Still struggle to reach $1000 now , but yeah currently bitcoin still in early age i agree
But doesn't mean it will drive to the price that keep growing , in the future bitcoin will not just the matter of value only.

Probably next year would be another great year for bitcoin, as we had easily doubled the price this year, next year would be easy as well. The success will continue as no possible risk spotted in the future that will cause a massive dump.

i just hope the resolution of bitcoin is to have a mass adoption
not just about the price only, we need more merchant to accept bitcoin
so people will more consider bitcoin as currency not an investment
spending bitcoin much more important than just hold it on.

[raja2sumi]

Bitcoin will only last till its end no matter how many altcoins come into action.no altcoins will have so many potentials like bitcoins .even if it has so much potential like bitcoins it will be for a very short amount of time . Bitcoins will always be there.

[Dobmaster]

Bitcoin will only last till its end no matter how many altcoins come into action.no altcoins will have so many potentials like bitcoins .even if it has so much potential like bitcoins it will be for a very short amount of time . Bitcoins will always be there.

It depends if it has active development and improve.

[mrbigmugs]

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.

to me i think that the reason is that bitcoin has more is that the users of bitcoin are too more and that is the reason that bitcoin has more in these days.

[dhampir-D]

Bitcoin is powerful from the days of its existence, because it has some value in terms of dollar or other currencies. I believe the true power is the support that bitcoin gained from more users, though its never promoted through different advertisement or through media's.

I think what really makes Bitcoin valuable is that it's one of the few ways to send, receive, and store value in a decentralized way, being simply enough so that anyone around the world can use it, and at a very low cost.

An interesting aspect you mentioned is the fact that Bitcoin achieved all this without much advertising. This is important because it shows that much of what was achieved was a result of Bitcoin's potential to solve real-world problems.

[pacifista]

Because some of the investors choose to invest on crypto currency rather than commodities. Maybe investing in cryptocurrency is easy and to have a good and high profit in return.

[Fatanut]

I think what really makes Bitcoin valuable is that it's one of the few ways to send, receive, and store value in a decentralized way, being simply enough so that anyone around the world can use it, and at a very low cost.

I wouldn't say that it is the exact reason why bitcoin is valuable. Bitcoin is valuable because people buy bitcoins and nothing else. We're the ones giving bitcoin values. Those are just the basic use of bitcoins.

Altcoins, for example, can do that as well. There are altcoins that are worth 1 satoshi yet they can also send, receive, and store value in a decentralized way. You can even send altcoins faster than bitcoins but look at the price of some of them. The reason why it's so low is because people don't give value to that coin. They simply don't buy it so the price is like that.

[anonbit992]

I think what really makes Bitcoin valuable is that it's one of the few ways to send, receive, and store value in a decentralized way, being simply enough so that anyone around the world can use it, and at a very low cost.

I wouldn't say that it is the exact reason why bitcoin is valuable. Bitcoin is valuable because people buy bitcoins and nothing else. We're the ones giving bitcoin values. Those are just the basic use of bitcoins.

Altcoins, for example, can do that as well. There are altcoins that are worth 1 satoshi yet they can also send, receive, and store value in a decentralized way. You can even send altcoins faster than bitcoins but look at the price of some of them. The reason why it's so low is because people don't give value to that coin. They simply don't buy it so the price is like that.

Yes, bitcoin has got value because of the demand and then it is partly due to market manipulation. There's nobody to prevent market manipulation for bitcoin and people are hoarding bitcoin when prices starts to climb. They sell when there is bad news such as hacking or government laws or comments which can affect bitcoin. But what makes bitcoin truly special is that it has started a whole new revolution. The decentralized, crypto currency revolution. 

[Reid]

The reason why Bitcoin is the number one cryptocurrency is pretty simple: It was the first one. This first mover advantage persists, because Bitcoin quickly established the biggest support both from users and from developers. Having the biggest user and developer base maintains a strong network effect, that tends to draw in more users and developers, because the system appears attractive and is well-established as a payment system.

For any altcoin to compete with Bitcoin, it would have to offer something revolutionary new and useful, that can't be implemented by Bitcoin. Today's altcoins are mainly a testing ground for new ideas, that will end up being added to Bitcoin if they are good, leaving the altcoins that first introduced them behind (a current example for could be rootstock vs. ethereum).

ya.ya.yo!

Definitely correct. With its time that have been with the world it created a good and established trust for many users. If ever more altcoins will pop up it will be a problem with time. You cannot just take over with someone who have been there and created a strong trust for many people. They would also need support (new ones) which bitcoin does already have and new ones incoming.
That is why many alts just come and go.