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Author Topic: Why Bitcoin has power nowadays ?  (Read 26804 times)
winterland
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September 01, 2017, 09:29:37 PM
 #521

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.
The power of bitcoin not only comes from its price and being the founder coin it comes from the trust I has gathered thanks to satoshi and the developers currently on charge of maintaining bitcoin.
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September 02, 2017, 07:04:36 AM
 #522

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.
I think no one can deny the power of Bitcoin. We all have seen the way its market price has increased and is continuously increasing. That time is not too far when we’ll see people sitting anywhere in the world trading in Bitcoins.
bitcoin is becoming powerful from time to time and yes no one can deny  the fact. in modern time the interest of the people in bitcoin is continuously increasing because they found it very easy to use bitcoin for shopping and for every other activity to use bitcoin instead of fiat currency. i will like to adopt bitcoin in my life as fiat currency.

It did pumped for a while and it dumped but not too low. If I'm not mistaken 1 oz. of gold is at $1,320 and that's really high. Power of gold in the market is still tough and it will never get old. But it stays as jewelry material and investment itself, unlike bitcoin you can do a lot of things with it and that depends on what you wanted to buy or use it only as an investment / asset.


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September 02, 2017, 03:22:57 PM
 #523

The reason why bitcoin has now power because some of the governments around the world are now legalizing it.
it's not only the reason. The other reason is, Bitcoin has so many supporters so that the demand in the market is increasing. And also the price of Bitcoin nowadays is increasing so it gain more power. the users attracted to bitcoin because they can earn from it and they can use it to buy goods in easier way.

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September 02, 2017, 03:33:32 PM
 #524

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.

Logically speaking, Bitcoin becomes on the line nowadays because there are many people who use to patronize it. There are some reason like because of its interesting features. We all know that Bitcoin price is not stable and it is the most wonderful feature for me.
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September 02, 2017, 03:35:42 PM
 #525

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.
The reason why bitcoin is powerful today is because of its quality and price. Many people got interested because of the price of the bitcoin. It seems that the price is the foundation of the bitcoin. Price is really a factor why bitcoin has power nowadays.

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September 02, 2017, 05:11:06 PM
 #526

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.
The reason why bitcoin is powerful today is because of its quality and price. Many people got interested because of the price of the bitcoin. It seems that the price is the foundation of the bitcoin. Price is really a factor why bitcoin has power nowadays.


Because bitcoin is a digital currency, price incres day by day easy get the more profit and learn somthing form bitcoin. which is already known to many people ...
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September 02, 2017, 06:51:33 PM
 #527

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.
The power of bitcoin not only comes from its price and being the founder coin it comes from the trust I has gathered thanks to satoshi and the developers currently on charge of maintaining bitcoin.
Why it has power? Well, it was the first to come up, and that’s number one. Secondly, it gave users freedom to trade, and exchange money at their own choice without any middleman or bank. Thirdly, users were able to handle their money without the government interference.

Another thing is that it’s faster than a bank like a jet. There are lots of reasons,  and bitcoin proved it to people, but we an go with this few mentioned for now.
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September 02, 2017, 07:03:49 PM
 #528

The reason why bitcoin has now power because some of the governments around the world are now legalizing it.
it's not only the reason. The other reason is, Bitcoin has so many supporters so that the demand in the market is increasing. And also the price of Bitcoin nowadays is increasing so it gain more power. the users attracted to bitcoin because they can earn from it and they can use it to buy goods in easier way.
Buy goods through Bitcoin easier than FIAT is wrong, because problem high fees of Bitcoin is reason make it cannot use for small order. If you waste your Bitcoin just want buy fast food and cafe, you will need spend amount Bitcoin for transaction fees higher than money you use for purchase!
bitcoinmaniac52
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September 02, 2017, 10:20:23 PM
 #529

The reason why bitcoin has now power because some of the governments around the world are now legalizing it.
it's not only the reason. The other reason is, Bitcoin has so many supporters so that the demand in the market is increasing. And also the price of Bitcoin nowadays is increasing so it gain more power. the users attracted to bitcoin because they can earn from it and they can use it to buy goods in easier way.
Buy goods through Bitcoin easier than FIAT is wrong, because problem high fees of Bitcoin is reason make it cannot use for small order. If you waste your Bitcoin just want buy fast food and cafe, you will need spend amount Bitcoin for transaction fees higher than money you use for purchase!

Exactly! At this moment Bitcoin is very hard to use for everyday purchases. The fees are too high, requiring merchants to either accept 0 confirmations, or don't accept Bitcoin at all. We need a solution to this asap or popularity in Bitcoin will start to fall. Debit and credit cards can be used much easier and faster than Bitcoin.



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clintonpadua
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September 03, 2017, 03:20:20 AM
 #530

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.

I think Bitcoin has more power nowadays than the other cryptocurrencies simply because as we all know it is the first one. People like it the most because international payments are easy and cheap and what's more interesting about it or one thing that makes it more powerful is that bitcoins are not tied to any country or subject to regulation. People can send bitcoins to each other using mobile apps or in their computers anytime, anywhere. Like, who doesn't like that?  There's no wonder that it would increase exponentially in volume and numbers of transactions. It would make things easier.
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September 03, 2017, 03:24:18 AM
 #531

Bitcoin has a power well because of the value of it. but aside from that bitcoin also traded by many millionaires in the world and supports by many county like korea, thats why bitcoin has a power
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September 03, 2017, 05:58:28 AM
 #532

Bitcoin has a power well because of the value of it. but aside from that bitcoin also traded by many millionaires in the world and supports by many county like korea, thats why bitcoin has a power

I Believe the bitcoin people also see the Bitcoin having power, simply because bitcoin was first. Investors on the other hand see a digital currency it will get the more profit and income then how to start the busines and it give more information and Sagas-an.
 IT more forfit and it prioce change the day by day
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September 03, 2017, 08:29:07 AM
 #533

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.
besides making our life better bitcoin makes us easy in doing our activities when financial transactions while investing,
bitcoin make us get to know people around the world
I will agree to your logic. There is no doubt in it that the major reason behind all this is the profit which Bitcoin is giving to investors. Secondly, the graph of market price is rising with each passing day, thus increasing the power of Bitcoin. Moreover bitcoins have massive support.

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matuson
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September 03, 2017, 08:43:25 AM
 #534

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.
besides making our life better bitcoin makes us easy in doing our activities when financial transactions while investing,
bitcoin make us get to know people around the world
I will agree to your logic. There is no doubt in it that the major reason behind all this is the profit which Bitcoin is giving to investors. Secondly, the graph of market price is rising with each passing day, thus increasing the power of Bitcoin. Moreover bitcoins have massive support.
I don't see mass support of bitcoin. Capitalization it is constantly growing, but is says nothing about the growth of its popularity. A very large part of the capitalization of bitcoins is speculative capital. It quickly comes and quickly goes. The fate of bitcoin still not known.
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September 03, 2017, 08:52:08 AM
 #535

Bitcoin has a power well because of the value of it. but aside from that bitcoin also traded by many millionaires in the world and supports by many county like korea, thats why bitcoin has a power

Yes you are right that its because of the value of the bitcoin the demand for bitcoin is increasing day by day as new people are becoming familiar with bitcoin so they start investment in bitcoin and the value of bitcoin go high. Its also true that many millionaires in world have now  invested in bitcoin, seeing this the support and demand for bitcoin increases and it gain more power.
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September 03, 2017, 09:04:41 AM
 #536

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.
Bitcoin was become powerful coins in digital currency. It is powerful because of its price, supply, demand and popularity. Bitcoin has been level up into peak stage. Our perception and mind about technology has changed to a better community because of bitcoin.

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September 03, 2017, 09:12:31 AM
 #537

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.
Bitcoin was become powerful coins in digital currency. It is powerful because of its price, supply, demand and popularity. Bitcoin has been level up into peak stage. Our perception and mind about technology has changed to a better community because of bitcoin.

Bitcoin is the digital currency and it price inrese day by day it will learn something for the future invest meant for improve the business and got a more profit for the bitcoin it will use full to groth  your future life most popel like the bitcoin and earn the money easy to way for the bitcoin
Bitcoin give the information for how to get the more profit for the bitcoin and give information for the future business.
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September 03, 2017, 10:06:18 AM
 #538

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.
Bitcoin was become powerful coins in digital currency. It is powerful because of its price, supply, demand and popularity. Bitcoin has been level up into peak stage. Our perception and mind about technology has changed to a better community because of bitcoin.

Bitcoin is the digital currency and it price inrese day by day it will learn something for the future invest meant for improve the business and got a more profit for the bitcoin it will use full to groth  your future life most popel like the bitcoin and earn the money easy to way for the bitcoin
Bitcoin give the information for how to get the more profit for the bitcoin and give information for the future business.
It would be so much fun to see the price increase on a daily basis but the truth is it's not happening.
The price is volatile and anytime it could go up and down so we have to be careful with our belief, at least we know the nature
of bitcoin before we invest.

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September 03, 2017, 10:17:15 AM
 #539

why bitcoin has power nowadays, i think bitcoin as the first decentralized cryptocurrency and the reputation of bitcoin as currency are very trusted of the people and also bitcoin are accpted as currency of the other country because of his power, the proof many country are legalized bitcoin as currencies because have potential to help the economy of every country.

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September 03, 2017, 10:39:39 AM
 #540

Bitcoin is very powerful as a Crypto but comparing bitcoin with other currencies won't be a wise thing for now. Bitcoin is the oldest of the cryptos and many people are businesses using bitcoin. Other cryptos are not able to compete with Bitcoin in any sense and I am very sure that they will never be able to compete Bitcoin. Dogecoin is a good altcoin but it's nothing close to what Bitcoin has. Honestly, I think that Bitcoin is the future of currencies if it continue increasing like this but I am very sure that one day only rich people will be able to afford bitcoins and those with 10-20 Bitcoins will consider as richest. It's my own thinking but it can be real.

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