n2004al
Legendary
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Activity: 1134
Merit: 1000
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June 06, 2017, 12:13:58 PM |
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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.
Has power because is the first of its kind and is the first of its kind of a technology which is so disruptive that will change all the conception of the actual society. |
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ekoice
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June 06, 2017, 12:15:55 PM |
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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.
We all know that money has power and bitcoin price is increasing considerably and now bitcoin price is $2834.More countries have started recognizing potential of bitcoin and some countries have even started to accept bitcoin as payment.So bitcoin has naturally got power and people like to buy it at any cost. |
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Lieldoryn
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June 06, 2017, 12:20:58 PM |
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Well...!!! Bitcoin join in TOP 10 Currencies Poppular. So that's so normal  Everyone can know, can see so the answer became so clearly now!!! And I want to remove dollar =]] I want bitcoin is official currency for the world I do not see that information anywhere. Can you show me the evidence about bitcoin is in the top 10 currencies popular? There is no paper writting about this and there is no person say this except you. Please do not say something here without proof or people will have wrong information We don't need to provide some proofs just to show any evidence on bitcoin in the top 10 currencies, and the only thing I know is the price value today in the market reaching more than $2000. For that information based on the current state of a graph trend monitoring as of the moment, I can point out to a certain conclusion that bitcoin has reached the popularity as top popular currency this year. That would be a great opoortunity for us to have this kind of currency to be legally accepted like fiat cash all over the world. If bitcoin will be recognized as a currency is nothing good I can not see this. This will not affect their proliferation, but will lead to the fact that you have to pay taxes on income from earnings or trade for bitcoins. I don't like it. Better to let things remain as they are. |
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Viviyang
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June 06, 2017, 12:27:28 PM |
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Well...!!! Bitcoin join in TOP 10 Currencies Poppular. So that's so normal Everyone can know, can see so the answer became so clearly now!!! And I want to remove dollar =]] I want bitcoin is official currency for the world I do not see that information anywhere. Can you show me the evidence about bitcoin is in the top 10 currencies popular? There is no paper writting about this and there is no person say this except you. Please do not say something here without proof or people will have wrong information We don't need to provide some proofs just to show any evidence on bitcoin in the top 10 currencies, and the only thing I know is the price value today in the market reaching more than $2000. For that information based on the current state of a graph trend monitoring as of the moment, I can point out to a certain conclusion that bitcoin has reached the popularity as top popular currency this year. That would be a great opoortunity for us to have this kind of currency to be legally accepted like fiat cash all over the world. If bitcoin will be recognized as a currency is nothing good I can not see this. This will not affect their proliferation, but will lead to the fact that you have to pay taxes on income from earnings or trade for bitcoins. I don't like it. Better to let things remain as they are. It will be nice if bitcoin is considered as an asset, as then we will not have to pay any taxes when we liquidate our bitcoins. I like to re invest my bitcoins once I liquidate my bitcoins so as to get away from tax payments and invest in other promising cryptocurrencies. |
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Aztek
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June 07, 2017, 02:09:34 PM |
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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.
Yes, I agree. Bitcoin has power because bitcoin is popular and is true. It provides people the earnings they need. It gives jobs and business. It's also true that the price hike of bitcoin is magnetizing users and even potential traders and investors. In addition to this, bitcoin is powerful because it is the first one, it has the security and anonymity which people wanted. |
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Bedebah
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June 07, 2017, 02:59:13 PM |
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I think because the most interesting for all people, we all know that almost all investments in the world including gold doesn't move or loss, property, stocks, gold, mining and so on look stagnant so many investors shifted to bitcoin.
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myternity
Member
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Activity: 95
Merit: 25
Yo!
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June 07, 2017, 03:17:22 PM |
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Because it has value - this is my answer. Value in freedom.
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Kelvin
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kpcian
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June 07, 2017, 06:48:07 PM |
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Because of having lucrative value...
Bitcoin had created a milestone regarding creating value, day by day it's getting Worthy and acceptable, so there are many reasons to become powerful at present in everywhere...
It is said that, Money is power, so Bitcoin has a huge power at now...
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ariie
Newbie
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Activity: 26
Merit: 0
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June 07, 2017, 08:10:54 PM |
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Because bitcoin is much in demand, because everyone is turning to bitcoin for a reliable money investment, with little risk and big profits.
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radjie
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June 08, 2017, 01:59:47 AM |
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With the increasing number of users then many entrepreneurs who are looking for profits they are able to create new sites that can generate bitcoin so that new users can get involved on the site.
Bitcoin until now has been trusted because it can facilitate how to transact, If we compare with other cryptos then bitcoin will never be shifted from other crypto because bitcoin has history first time issuing digital currency.
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Dhimas Kanjeng
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June 08, 2017, 07:45:34 AM |
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I think it is a third party support, and the number of altcoin, we know that this year is the year of ICO, so much coin created and published this year, they accept bitcoin thus affecting price bitcoin.
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Pattart
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June 08, 2017, 08:34:32 AM |
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I think because the most interesting for all people, we all know that almost all investments in the world including gold doesn't move or loss, property, stocks, gold, mining and so on look stagnant so many investors shifted to bitcoin.
Yeah how not, bitcoin offers a great advantage for the user and it keeps people coming in and adopting bitcoin. And the user continues to grow and it makes bitcoin has more power |
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ariie
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Activity: 26
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June 08, 2017, 09:55:51 AM |
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Because bitcoin is a digital currency, which is already known to many people ...
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Angel777
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Activity: 56
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June 08, 2017, 10:21:19 AM |
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Bitcoin is powerful now because it is used as a currency to many transactions of this world.This will become powerful when united nations unite for one purpose to be a one wirld goverment for the one world currency
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ethereumhunter
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June 08, 2017, 10:25:00 AM |
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Because bitcoin is a digital currency, which is already known to many people ...
i think its not just because digital currency but i think todays technology is growth so fast and people is depending with technology for almost all of their life. bitcoin itself is connected with the technology by helping of internet connection and because many people connected with internet too, it makes people know about bitcoin and spread the news of bitcoin and it makes bitcoin become famous. |
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grermezter
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June 08, 2017, 10:47:11 AM |
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Because bitcoin is a digital currency, which is already known to many people ...
i think its not just because digital currency but i think todays technology is growth so fast and people is depending with technology for almost all of their life. bitcoin itself is connected with the technology by helping of internet connection and because many people connected with internet too, it makes people know about bitcoin and spread the news of bitcoin and it makes bitcoin become famous. There are lots of digital currencies but they are not as highly valued as Bitcoin, Bitcoin has power due to its popularity, more and more people are noticed it and how to make money from mining and thats increasing it popularity and thus it's value |
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abel1337
Legendary
Offline
Activity: 2464
Merit: 1145
FOCUS
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June 08, 2017, 02:00:42 PM |
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Because bitcoin is a digital currency, which is already known to many people ...
i think its not just because digital currency but i think todays technology is growth so fast and people is depending with technology for almost all of their life. bitcoin itself is connected with the technology by helping of internet connection and because many people connected with internet too, it makes people know about bitcoin and spread the news of bitcoin and it makes bitcoin become famous. There are lots of digital currencies but they are not as highly valued as Bitcoin, Bitcoin has power due to its popularity, more and more people are noticed it and how to make money from mining and thats increasing it popularity and thus it's value I agree with you , Bitcoin is the most valued in digital money , In cryptocurrency world bitcoin is the most powerful of all and it is the most known in crpytocurrency that it can be call the father of crpytocurrency. If bitcoin keep spreading it has a chance that every coin will be known too not just bitcoin. |
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Eclipse26
Sr. Member
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Activity: 658
Merit: 268
bullsvsbears.io
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June 08, 2017, 02:22:52 PM |
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bitcoin is the first, and it is the one that started everything in crypto, it's the more safe and more developed, i think the other coisn need to prove to be worth more than bicoin not the opposite, there is still a chance to have a better coin in the future, but there are chance to develop bitcoin even more covering the hole and make it the ultimate cryptocurrency, also right now it's a very good safe heaven
Yes bitcoin has a power now. Its very powerful when it comes to its uses unlike the other coin. It also consider as the mother of all cryptocurrency. It has a power to change ones life and to change country into a better one. It only depends on the user of it. |
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DevilSlayer
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June 08, 2017, 02:28:58 PM |
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Because the bitcoin is the most popular coin in the world of cryptocurrency. It is also the main attraction of all investors in the world of cryptocurrency. and also the bitcoin is also have many uses and have a good quality like other coins.
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Fatanut
Legendary
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Activity: 1008
Merit: 1059
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June 08, 2017, 02:32:24 PM |
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Because bitcoin is a digital currency, which is already known to many people ...
i think its not just because digital currency but i think todays technology is growth so fast and people is depending with technology for almost all of their life. bitcoin itself is connected with the technology by helping of internet connection and because many people connected with internet too, it makes people know about bitcoin and spread the news of bitcoin and it makes bitcoin become famous. So you're saying that people know bitcoins because everyone's using the Internet and bitcoin is on the Internet. With that very same logic, literally every person should know literally every single thing about the world by now (including bitcoins and each and every altcoin) since everyone's always connected on the Internet and everything is already on the Internet. Bruh, look around. You're being delusional. In a global scale, almost no one knows bitcoins at all. There's 7 billion people out there and we're lucky if we're already at 1 million users right now. Bitcoin is definitely not "famous" at all. |
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