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Author Topic: Why Bitcoin has power nowadays ?  (Read 26749 times)
winterland
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August 25, 2017, 10:27:32 PM
 #441

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).

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Correct being the first gives bitcoin an advantage but even that is not enough if the development stops but since bitcoin has the best set of developers then bitcoin position as the top cryptocurrency is assured.
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August 25, 2017, 10:46:25 PM
 #442

because with bitcoin u can get rich
everything that can bring a lot of money has a power
batang_bitcoin
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August 25, 2017, 10:58:22 PM
 #443

because with bitcoin u can get rich
everything that can bring a lot of money has a power

And those people that has power with their wealth on their countries can use bitcoin to try to hide something and this makes bitcoin powerful. The price increases and they treat it also as their investment while having some perks that their money are very safe with it without any trace on where did they money came from.
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August 25, 2017, 11:56:27 PM
 #444

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.
That's right and with bitcoin also a lot of unemployed can have there own money which is very important in order for us to support our daily needs. And also for those who wants instant, like instant transaction, payments bitcoin is a great solution to that. Therefore life before is switching into a better way.

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August 26, 2017, 12:31:52 AM
 #445

Bitcoin is the first and the most successful crypto currency nowadays , so it is normal that it have such power and this great potential, especially as the price is increasing highly since a while, so more big investors started investing with BTC recently.
kelseydustin
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August 26, 2017, 04:53:56 AM
 #446

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
Honestly, I have not seen anyone use bitcoin as a tool for the payment yet. Only big investors, chinese are capable to do so. They send money to each other by bitcoin beccause with bitcoin, they can easily send upto $1000000 within a transaction Wink I heard that some stores in the Europe do accept bitcoin but the number is still small and it can not affect yet
Bianxee
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August 26, 2017, 04:59:32 AM
 #447

Bitcoin is the first and the most successful crypto currency nowadays , so it is normal that it have such power and this great potential, especially as the price is increasing highly since a while, so more big investors started investing with BTC recently.
Not only nowadays because as from the start bitcoins has a power and have a big potential only now this years that bitcoins are more growing and fastly known for its current value.

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August 26, 2017, 05:30:49 AM
 #448

Bitcoin is the first and the most successful crypto currency nowadays , so it is normal that it have such power and this great potential, especially as the price is increasing highly since a while, so more big investors started investing with BTC recently.
In my opinion, every cryptocurrency on market are have a period, but Bitcoin always best choice for trader and investor on market. Because we also see every year, the top coin on coinmarketcap always change while Bitcoin stand still top 1 Smiley
emezh10
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August 26, 2017, 07:18:35 AM
 #449

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 became more powerful as time passes by because many people get attracted to its features that is beneficial in anyone who has already been using it.  Not just that. The features offered by bitcoin is the first thing to happen because we all know that bitcoin is the first cryptocurrency to be established and just followed by the alternate cryptocurrencies. The power of bitcoin came from its supporters which are mostly and usually potential investors investing into it because they can see that investing to this crypto can enable their money to grow more also the simple indivuduals wanting to gain an income online.
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August 26, 2017, 07:45:32 AM
 #450

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. 
Yes, the prime factor that has given bitcoins too much power of ruling the hearts of masses is their high prices and potential of producing big profits in short times. Now since it is highly in demand in the crypto market, it has gain the power of beating all other coins and be the only king in the crypto kingdom.

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August 26, 2017, 09:10:44 AM
 #451

It is because bitcoin is the first virtual currency were it has been exposed in the internet technology. Then, crypto was followed the concept of bitcoin. Until they called them bitcoin the mother of all altcoin currency in this industry, from features and its usages they cloned it.
Matimtim
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August 26, 2017, 10:21:59 AM
 #452

Bitcoin has a power now a days because many people agree and accept bitcoin as means of payment, paying bill easiest at home or where you are.

We can do everything like online shopping through btc and many of us got rich because bitcoin, that why  many people encourage to spend their time  to know what is bitcoin and how it works.

Bitcoin is the gate of success in future life.  

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August 26, 2017, 12:11:19 PM
 #453

I think there are two big reasons to power bitcoin,
1st is the segwet installation when any crypto currency make improvement there price will be gone up same like with bitcoin
2nd is the bitcoin hard fork .
doomloop
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August 26, 2017, 06:21:41 PM
 #454

It is because bitcoin is the first virtual currency were it has been exposed in the internet technology. Then, crypto was followed the concept of bitcoin. Until they called them bitcoin the mother of all altcoin currency in this industry, from features and its usages they cloned it.
no doubt the power of the bitcoin has been increased a lot because it is growing very fast and it is increasing the worth and the importance because the users of the bitcoin are increasing with time. Most of the bitcoin users are investing in bitcoin and they are spreading the knowledge about bitcoin through different ways and a lot of people are trusting bitcoin and it is being legalize now so I think it is enough to make a currency the most powerful currency of the world.

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August 26, 2017, 06:26:21 PM
 #455

It does have power that change the perception of money. Before we think money or investments can only obtain with a presence of gold, fuel and dollar bill. But now it change dramatically, bitcoin open the mind of all for a world of technology in the future.
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August 26, 2017, 06:29:06 PM
 #456

well that is the question of some people who didn't know about bitcoins, we are just using bitcoins because it is so easy to send money where ever you are and when you want it to send, bitcoin has a power because of its value for me .
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August 26, 2017, 06:39:08 PM
 #457

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. 
Yes, the prime factor that has given bitcoins too much power of ruling the hearts of masses is their high prices and potential of producing big profits in short times. Now since it is highly in demand in the crypto market, it has gain the power of beating all other coins and be the only king in the crypto kingdom.

Ya I agree this. There may be n number of ministers in the ministry. But only one king.Bitcoin is the king of all bitcoin. All altcoin has its own value. But it may change in value. If you inverse in king means, you will get the gold.I.e,You will get the highest profit from the bitcoin.
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August 26, 2017, 07:02:41 PM
 #458

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
Honestly, I have not seen anyone use bitcoin as a tool for the payment yet. Only big investors, chinese are capable to do so. They send money to each other by bitcoin beccause with bitcoin, they can easily send upto $1000000 within a transaction Wink I heard that some stores in the Europe do accept bitcoin but the number is still small and it can not affect yet
In present, if we use Bitcoin for purcharse normal order in our life, we will have many problem about the fees of it. Because we also know with high fees like now, Bitcoin not useful for do that.
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August 27, 2017, 07:09:49 AM
 #459

Bitcoin is the first and the most successful crypto currency nowadays , so it is normal that it have such power and this great potential, especially as the price is increasing highly since a while, so more big investors started investing with BTC recently.
Not only nowadays because as from the start bitcoins has a power and have a big potential only now this years that bitcoins are more growing and fastly known for its current value.
Exactly. Bitcoins have been evolving since its start. Because of its demand and usage and many other factors bitcoins are increasing day by day. Their value has huge rise in last few years especially when a few countries accepted bitcoin trading legal. Bitcoin will be going high and high.

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August 27, 2017, 06:37:47 PM
 #460

Bitcoin is the first and the most successful crypto currency nowadays , so it is normal that it have such power and this great potential, especially as the price is increasing highly since a while, so more big investors started investing with BTC recently.
Not only nowadays because as from the start bitcoins has a power and have a big potential only now this years that bitcoins are more growing and fastly known for its current value.
Exactly. Bitcoins have been evolving since its start. Because of its demand and usage and many other factors bitcoins are increasing day by day. Their value has huge rise in last few years especially when a few countries accepted bitcoin trading legal. Bitcoin will be going high and high.
Indeed! The future of bitcoins is highly saved and definitely they are going to pump hard in the future as well, setting up new records. The continuous movement of bitcoins towards positivity and great changes is giving them power of ruling the million of hearts. I personally believe that bitcoins are going to overtake all other currencies in the near future.

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