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Author Topic: Why Bitcoin has power nowadays ?  (Read 26746 times)
pitiflin
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August 19, 2017, 06:21:21 PM
 #421

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So what it is difference between bitcoin and other cryptocurrencies?
Bitcoin is the first crypto-currency and other cryptos quicky followed it. Bitcoin's price is damn high when compared to other cryptos. Alt coins have a bigger percentage of leading you to loss when compared to bitcoin.
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why Bitcoin has become powerful among other currencies and cryptocurrencies  ?
Because of the fact that bitcoin has so many advantages that terrorists,hackers use it for their own good.Even normal people use it for their profits.So all these reasons led to Bitcoin becoming one of the strongest currencies of all time.


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sheldonnnn
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August 19, 2017, 06:45:07 PM
 #422

Bitcoin has great power right now. It  is so influential because of its popularity. And because it is an international currency, decentralized, fast, anonymous and fast-growing.
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August 20, 2017, 08:08:57 PM
 #423

The reason why bitcoin has now power because some of the governments around the world are now legalizing it.
That’s one of the reasons why people are attracted towards bitcoins too much now a day. Bitcoins have power not only because some developed countries have made them legal but also because they are creating a new history in the crypto world. Currently they have reached the value that no coin has ever touched before.
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August 20, 2017, 10:59:32 PM
 #424

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!
Indeed. Bitcoin is really the first cryptocurrency to be established that is why its rise is really that fast because it offers people a lot of features to explore which is really beneficial and useful on their part. Bitcoin being decentralized enables us users to manage our own earning without the concern of government and banks. The capability of our money to grow is always visible because its price is continuously changing enabling us to gain by just simply saving and holding into it. Those features attracts people to get engage with bitcoin and that is why the demands and usage of bitcoin is rising that is the main reason I can see why bitcoin is that powerful. Because of the people behind it.
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August 23, 2017, 02:07:00 PM
 #425

Bitcoin has power nowadays because of the high demand for it in the market. There are a lot of people who want to buy or sell bitcoin and that has increased the value and power of bitcoin. If there wasn’t so much demand for it in the world then it wouldn’t be so valued.

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August 23, 2017, 05:41:46 PM
 #426

Let make it simple and clear mate bitcoin is the pioneer in cryptocurrency world and that is one of the reasons that why it is still on the top, secondly bitcoin able to get the users trust in the past couple of years and have got public attention across the world due to its growing price.
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August 23, 2017, 06:39:44 PM
 #427

Bitcoin today is the strongest, because he appeared the very first and showed his ability to grow in any situation. He became so strong that even some states legalize him.
bitcoin has power now a days because it can be consider as a real money now a days and it has huge value and it is an important part of our society, many people are using bitcoin to earn money it has value and it is also important as a real money we can buy goods with bitcoin we can pay our bills and we can save for our future so for me bitcoin is very powerful currency.
Yes I agree with your opinion, bitcoin has a big enough impact for the economy, and can help to meet daily needs, now the use of bitcoin is not only limited to earn money, bitcoin can be used as a tool for payment where now many stores that accept Payments using bitcoin, and bitcoin can be a tool to invest either long-term or short, because bitcoin has a good price and will continue to increase as time goes by, so far I am very helpful with its existence bitcoin is in terms of economy, either to buy Daily necessities or anything else, and I keep some bitcoins for my future savings, I'm sure bitcoin prices will continue to rise
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August 24, 2017, 07:08:14 AM
 #428

Bitcoin today is the strongest, because he appeared the very first and showed his ability to grow in any situation. He became so strong that even some states legalize him.
bitcoin has power now a days because it can be consider as a real money now a days and it has huge value and it is an important part of our society, many people are using bitcoin to earn money it has value and it is also important as a real money we can buy goods with bitcoin we can pay our bills and we can save for our future so for me bitcoin is very powerful currency.
The op’s explanation wasn’t making any sense at all. Simply, the reason why Bitcoin became the best among all other crypto currencies is because it was the first to be released. And it has also managed to gain a lot.of trust despite the challenges, but that doesn’t mean it will be replacing traditional currencies, because they will.always stay.
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August 24, 2017, 08:12:44 AM
 #429

Bitcoin today is the strongest, because he appeared the very first and showed his ability to grow in any situation. He became so strong that even some states legalize him.
bitcoin has power now a days because it can be consider as a real money now a days and it has huge value and it is an important part of our society, many people are using bitcoin to earn money it has value and it is also important as a real money we can buy goods with bitcoin we can pay our bills and we can save for our future so for me bitcoin is very powerful currency.
The op’s explanation wasn’t making any sense at all. Simply, the reason why Bitcoin became the best among all other crypto currencies is because it was the first to be released. And it has also managed to gain a lot.of trust despite the challenges, but that doesn’t mean it will be replacing traditional currencies, because they will.always stay.
Not only that, it is the most dominant coin now, BTC Dominance: 45.6% as of now as per https://coinmarketcap.com/.
That would explain a lot, doesn't matter if it's first or the last to be in the crypto market.

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August 24, 2017, 08:32:20 AM
 #430

Bitcoin has power nowadays because of the high demand for it in the market. There are a lot of people who want to buy or sell bitcoin and that has increased the value and power of bitcoin. If there wasn’t so much demand for it in the world then it wouldn’t be so valued.
no doubt bitcoin has high potential and has good power to make money for the user of the bitcoin and it is now trusted by a lot of the people and traders because the price and the worth of the bitcoin is increasing very fast. It is being more popular and common among the people because if we take a look of the past we will know how much bitcoin has changed our life just in last two or three years and the price of the bitcoin has increased a lot so I think this is eh reason bitcoin is being so powerful as the time passing. 
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August 24, 2017, 12:17:04 PM
 #431

Bitcoin today is the strongest, because he appeared the very first and showed his ability to grow in any situation. He became so strong that even some states legalize him.
bitcoin has power now a days because it can be consider as a real money now a days and it has huge value and it is an important part of our society, many people are using bitcoin to earn money it has value and it is also important as a real money we can buy goods with bitcoin we can pay our bills and we can save for our future so for me bitcoin is very powerful currency.
The op’s explanation wasn’t making any sense at all. Simply, the reason why Bitcoin became the best among all other crypto currencies is because it was the first to be released. And it has also managed to gain a lot.of trust despite the challenges, but that doesn’t mean it will be replacing traditional currencies, because they will.always stay.
Not only that, it is the most dominant coin now, BTC Dominance: 45.6% as of now as per https://coinmarketcap.com/.
That would explain a lot, doesn't matter if it's first or the last to be in the crypto market.
I think it matters. Though it took a couple of years, bitcoin launched the crypto market and it was on a good footing. It seems that bitcoin will carry crypto further more in the future as well though this time with other alts along the way

 
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August 25, 2017, 06:45:35 AM
 #432

Bitcoin has power nowadays because of the high demand for it in the market. There are a lot of people who want to buy or sell bitcoin and that has increased the value and power of bitcoin. If there wasn’t so much demand for it in the world then it wouldn’t be so valued.
Definitely, the increased use and demand of bitcoins have made them rule the crypto world. Too many people are investing into bitcoins because of their potential to increase in value in short time. People have started treating bitcoins as long term investments which has further increased their demand.
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August 25, 2017, 02:12:41 PM
 #433

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 today has become more powerful than other currency that firstly discover.  Bitcoin has a big and great potential for he future because of what it can do for the economy of the country.
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August 25, 2017, 04:06:49 PM
 #434

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.

First of all it is because there are many people knows bitcoin. The more it is known the more it might use by them. Going deeply, Bitcoin has many interesting features that makes it popular. One of my most like feature of bitcoin is that if you invest into it, the more chances that it can rise in a short period of time.

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August 25, 2017, 04:28:26 PM
 #435

Bitcoin does have any power. But it is a legal property. So it is protect by common laws. It is not illegal.

True, and bitcoin has power nowadays cause its useful people were working hard and trying their best just to became profitable here , it has power cause it has value where in it is use for investments and trnasaction that a person may encounter in his daily life and through bitcoin thing that eay too far for someone to buy or to have were possible right now, it is gaining now popularity so as a pros is it may be influential in the sense everything you exceeds may exchange for something valuable.
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August 25, 2017, 04:39:42 PM
 #436

the reality is that the money is the power. in the monetary world, USD is the most powerful currency in the world because of its acceptability.
but the scenario is different for the Bitcoin, Bitcoin is not accepted at everywhere but it is the most profitable currency in the current situation. also, it has been accepted and available in the most developed countries. I think profit is the main reason for its popularity.
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August 25, 2017, 04:41:08 PM
 #437

Bitcoin has power because the financial industry is failing, or the systematic one we have had and instead virtual currency is arising and bound to take it over. I give it one century and the face of money as we know it will be changed.

 
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August 25, 2017, 06:12:19 PM
 #438

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.

Here are some reasons on why I bitcoin holds significant power in the society/economy:

1. Due to its volatility, investors are taking advantage of its price potentially increasing in a short amount of time;
2. It serves as an equalizer among the rich and the poor in terms of having the opportunity to earn bitcoin;
3. There is a constant increase of its price per day due to the bitcoins mined everyday; and
4. It is the reigning cryptocurrency in terms of price, popularity, and usage.

There are several reasons that I did not mention on why bitcoin holds power but those are the notable reasons on why it provides so much influence in the economy. Not to mention, some countries ban the usage of bitcoin because it is the main currency used in the deep web for illegal transactions.
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August 25, 2017, 07:03:54 PM
 #439

Bitcoin has power today because altcoins are also on the increase and indirectly making it popular in the sense that when ever investors want to invest in an altcoin or participate in a token sale( ICO) they have to join the cryptoworld through buying  bitcoin and in the process making the prime more powerful

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August 25, 2017, 08:02:53 PM
 #440

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 have a power today in our society because it can do a lot of things and it can change something into different thing.  As we all know,  bitcoin deals with money and money have a many things to do with it and today we can change our economy through this.



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