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Author Topic: Why Bitcoin has power nowadays ?  (Read 26741 times)
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August 29, 2017, 12:31:58 AM
 #481

Bitcoin has begun a new era of digital currencies. Bitcoin has started a trend while all the other cryptocurrencies are only following it. Bitcoin has more merits than demerits and can prove to be the best alternative to the existing fiat currencies which have lots of flaws. The actual power of bitcoin lies in the fact that it has an unmatched support which no other cryptocurrency does have. And it's this growing number of bitcoin believers and lovers which make it so popular and powerful so it can be safely said that bitcoin is this powerful basically because of it's huge number of supporters.

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August 29, 2017, 12:42:11 AM
 #482

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.
For me the reason why the bitcoin has powrt nowadays is because many people are now prefer to use bitcoin. We can see that the bitcoin is now using in some stores in many countries.
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August 29, 2017, 03:58:27 PM
 #483

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.
For me the reason why the bitcoin has powrt nowadays is because many people are now prefer to use bitcoin. We can see that the bitcoin is now using in some stores in many countries.
Yes, it has power nowadays because its price is going skyrise. More and more countries are accepting bitcoin, I recently read that USA and Vietnam will be accepting bitcoin too. More and more merchants are also interested in bitcoin that's why theory are accepting it as payment. Though, we can't deny that risk is always there but many people choose to risk their money in bitcoin because they believe and trust bitcoin that it will not fail them. Me too, I definitely choose bitcoin for now.
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August 30, 2017, 01:56:55 AM
 #484

Because bitcoin can already make some payments and business, so currently bitcoin has power, although its own bitcoin is still not acknowledged by the bank.
the power of the bitcoin is increasing with the acceptance of the bitcoin. Bitcoin is now trusted by almost everyone where none of other currency can do it and the power of the bitcoin is because of the popularity among the people. It has become more secure just in last two years taking a look of the bitcoin performance we will know how much it has done for us. The price of the bitcoin is much higher than the starting price of the bitcoin.

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August 30, 2017, 02:19:10 AM
 #485

It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.
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August 30, 2017, 02:51:10 AM
 #486

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 is a powerful form of money because of the fact that it obeys the rule of demand and supply diligently without any form of cheating. The value is increasing daily because there are now lot of people who need the currency for various reasons.
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August 30, 2017, 05:15:15 AM
 #487

“the most common cryptocurrencies are Bitcoin, Dogecoin and Litecoin and Bitcoin has something special in contrast to others”: That something special is the fact that Bitcoin is not an altcoin, but the very first cryptocurrency. In other, words Bitcoin is a currency. It can be used for our everyday purchases like fiat, but better of course. Bitcoin and Dogecoin are altcoins which have used Bitcoin’s code to try and create a better coin but failed miserably. No one uses Dogecoin or Litecoin to buy anything unless they are a massive Litecoin or Dogecoin sympathiser. I still don’t know what you use Litecoin and Dogecoin for. All I do with them is trade them. Such altcoins are speculative assets meant for trading. That is the purpose of their sole existence. Pretty sad when you think about it, but true.
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August 30, 2017, 05:20:56 AM
 #488

It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.

Gold will be the most promising investment and it will never get old. And comparing it to 8 year old coin (bitcoin) isn't fair. But if we will base everything to the progress, we had to admit that bitcoin is one of the fastest growing investment world wide. Many haven't seen this type of increase and all are thinking that this is a manipulated coin and the market cap of it is a joke.



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August 30, 2017, 05:51:33 AM
 #489

It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.
Every asset has a cycle its own era, Bitcoin and Gold also affected this rules.
For me, in someday Bitcoin can pass Gold if Bitcoin can become to famous, however in that future, we need have a strong support from Bitcoin community on the world.

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August 30, 2017, 05:57:03 AM
 #490

Well its value tells it all.
It is the expensive one that have the power in this world.
Look at how gold made changes and also oil.
Who would not want to have those kind of things.
They are the most needed now and the profits in it are really faster than any businesses. We are so lucky we have one of the most valuable here.
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August 30, 2017, 06:00:58 AM
 #491

It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.

Gold will be the most promising investment and it will never get old. And comparing it to 8 year old coin (bitcoin) isn't fair. But if we will base everything to the progress, we had to admit that bitcoin is one of the fastest growing investment world wide. Many haven't seen this type of increase and all are thinking that this is a manipulated coin and the market cap of it is a joke.
Bitcoin can not compared towards gold cause these on different level and mechanism. gold was recognized by all of the world that have existed become thing which has a value since thousands years ago. rather than bitcoin is a new currency that work as crypto since 8 years ago.
we can not compare both so well.

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August 31, 2017, 06:32:44 AM
 #492

It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.

Gold will be the most promising investment and it will never get old. And comparing it to 8 year old coin (bitcoin) isn't fair. But if we will base everything to the progress, we had to admit that bitcoin is one of the fastest growing investment world wide. Many haven't seen this type of increase and all are thinking that this is a manipulated coin and the market cap of it is a joke.
Bitcoin can not compared towards gold cause these on different level and mechanism. gold was recognized by all of the world that have existed become thing which has a value since thousands years ago. rather than bitcoin is a new currency that work as crypto since 8 years ago.
we can not compare both so well.

Yes they are different in terms of place, gold as physical investment to bitcoin (digital asset). We shouldn't compare this thing and as many are saying that bitcoin is the new gold or the modern digital gold which is quite considerable. And bitcoin's power nowadays is growing, the price is quickly increasing and many are getting hyped with it.



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doomloop
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August 31, 2017, 02:56:58 PM
 #493

It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.

Gold will be the most promising investment and it will never get old. And comparing it to 8 year old coin (bitcoin) isn't fair. But if we will base everything to the progress, we had to admit that bitcoin is one of the fastest growing investment world wide. Many haven't seen this type of increase and all are thinking that this is a manipulated coin and the market cap of it is a joke.
Bitcoin can not compared towards gold cause these on different level and mechanism. gold was recognized by all of the world that have existed become thing which has a value since thousands years ago. rather than bitcoin is a new currency that work as crypto since 8 years ago.
we can not compare both so well.
Yep! We definitely can’t compare gold and bitcoins. Both have different histories and are serving different purposes. Gold is used in jewelry and many other ornamental things while nothing such is possible with bitcoins. Bitcoins is the form of investment and many people are investing into both gold and bitcoins to have safe future.

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August 31, 2017, 09:59:49 PM
 #494

It is all based on the market cap. Right now the market cap of Bitcoin is close to $100,000,000,000 and gold is $8,500,000,000,000,000... it is safe to say gold alone is far more powerful.

Gold will be the most promising investment and it will never get old. And comparing it to 8 year old coin (bitcoin) isn't fair. But if we will base everything to the progress, we had to admit that bitcoin is one of the fastest growing investment world wide. Many haven't seen this type of increase and all are thinking that this is a manipulated coin and the market cap of it is a joke.
Bitcoin can not compared towards gold cause these on different level and mechanism. gold was recognized by all of the world that have existed become thing which has a value since thousands years ago. rather than bitcoin is a new currency that work as crypto since 8 years ago.
we can not compare both so well.

Yes they are different in terms of place, gold as physical investment to bitcoin (digital asset). We shouldn't compare this thing and as many are saying that bitcoin is the new gold or the modern digital gold which is quite considerable. And bitcoin's power nowadays is growing, the price is quickly increasing and many are getting hyped with it.
Both have different physical states but are serving almost the same purpose. Many people are using gold as investment to increase their capital and same is the case with bitcoins. Yeah! There is nothing wrong in labeling bitcoins as digital gold. There comparison is essential because people want the best investments.
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August 31, 2017, 10:57:15 PM
 #495

The power that btc is gaining these days stems from the current awareness it has now. People are beginning to have confidence in bitcoin & more people are thinking of how they can incorporate btc into there financial activities. This is like a fundamental analysis that is driving the btc.

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August 31, 2017, 11:12:59 PM
 #496

The power that btc is gaining these days stems from the current awareness it has now. People are beginning to have confidence in bitcoin & more people are thinking of how they can incorporate btc into there financial activities. This is like a fundamental analysis that is driving the btc.

Bitcoin is the most powerful one that jobless people can earn if you do hard work from it yes many people nowadays are aware of bitcoin but lack of experience and they just thinking too much if they wanna learn from it or not there are many activities that they can do if they really want to but most of them are afraid of losing money.
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August 31, 2017, 11:30:51 PM
 #497

Bitcoin are beginning to make noise nowadays, I am one of those who are pleased with what bitcoin can offer. I think it becomes powerful because the users itself and its founders believe that someday it can impact the economic system. It is a matter of viewing it in a way that it will successfully involved with the movement of our economy.

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September 01, 2017, 12:21:30 AM
 #498

Bitcoin has the support and trust of the people. Being the first in the world of digital currency, obviously it is the most stable. And I think with that stability comes power.
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September 01, 2017, 12:58:20 AM
 #499

The power that btc is gaining these days stems from the current awareness it has now. People are beginning to have confidence in bitcoin & more people are thinking of how they can incorporate btc into there financial activities. This is like a fundamental analysis that is driving the btc.

Bitcoin is the most powerful one that jobless people can earn if you do hard work from it yes many people nowadays are aware of bitcoin but lack of experience and they just thinking too much if they wanna learn from it or not there are many activities that they can do if they really want to but most of them are afraid of losing money.
indeed most people like that sir, many people know about the existence of bitcoin but do not want to learn it, they are afraid to try and think will lose their property and afraid to feel loss

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September 01, 2017, 01:00:06 AM
 #500

The power that btc is gaining these days stems from the current awareness it has now. People are beginning to have confidence in bitcoin & more people are thinking of how they can incorporate btc into there financial activities. This is like a fundamental analysis that is driving the btc.

Bitcoin is the most powerful one that jobless people can earn if you do hard work from it yes many people nowadays are aware of bitcoin but lack of experience and they just thinking too much if they wanna learn from it or not there are many activities that they can do if they really want to but most of them are afraid of losing money.
not only with the value that getting higher makes bitcoin so powerful , it has big impact into our financial/economics lives. it is give a changes into a good one , for example you can do a business with people with anybody from the other side of this world without have to confuse about making payment.

because of gambling are a global currency , and makes you easy to do transact with people around the world.

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