Why Bitcoin has power nowadays ?

[Didle1938]

THis is why bitcoin value constantly escalating will not mean bitcoin will be a lot more potent this coming year's it is maybe the need of other place that they want to use bitcoin either. But if im heading to inquire if bitcoin can have a good foreseeable future sometime? It is of course It will turn into mre more powerful and more powerful than other individuals imagined.

[Sled]

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.

The other altcoins are nothing compared to bitcoin and bitcoin has a lot of potential in long term and its price is now unstoppable because of the continuous growing demand and i believe that someday bitcoin will become one of the most used and most crowded type of cryptocurrency and i don't think that the rich people will be able to afford bitcoin in the future because people in the future can still buy it on a small ratio.

[Cryptominia]

Bitcoin has a powerful now a days because bitcoin become popular and many people do a research of what is this bitcoin and how it works. .Since this is the first decentralized digital currency,many people love it and they earn from it because of trading and mining .

[Rizky Aditya]

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.

Though gold is an old type of investment still it has large market and great number of investors. There is no doubt that people love to use gold as an ornamental thing but on the other hand, bitcoins provide you countless methods of spending them. Bitcoins and gold are the best investments in the current market.

[momizel]

I really think bitcoin has overpowered all the other cryptocurrencies that came out. Well to top that, bitcoin is the very first that has been introduced. Also, with its value which has been fluctuating a lot, traders were given the chance to win via trading. And since it's the first one, most people have this tendency to give its trust to this specific cryptocurrency unless otherwise there would be a new one that can overpower what bitcoin has to offer.

[fasdorcas]

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.

Fate of bitcoins is very much bright even brighter than the brightest star in the sky. You should and can easily imagine the level of bitcoin popularity that the Japanese airlines start accepting bitcoins in the form of payments. Besides developing countries like India has also made it legal. Bitcoins are cherished by customers from around the globe.

[garmerys]

Bitcoin has a powerful now a days because bitcoin become popular and many people do a research of what is this bitcoin and how it works. .Since this is the first decentralized digital currency,many people love it and they earn from it because of trading and mining .

These are the few reasons why people are really after bitcoins. But the most important factor involved in making bitcoins this much powerful is their prices. Bitcoins are among the most expensive investments of the world and this thing really gave big shocks to those who were looking to make big capital but did not invested into bitcoins.

[Vikingr]

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

You are right. I think the major reason behind all this is that it was a very unique kind of concept which was not introduced ever in the history before. Secondly, we are living in a world which is full of technology. So this is what an advancement in technology is, the concept of “Digital Currency”. That’s why people are believing in it thus making it more and more powerful.

[winterland]

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.

Also bitcoin is powerful because of its potential, if bitcoin has a low potential then not many people will believe on it but the huge potential that bitcoin has makes it even more powerful since people have hope they are going to get some of that power to themselves.

[Uberzugzug]

I think it is because of its power to generate money through investment or through signature campaigns. People nowadays appreciate the fact that Bitcoin is very profitable with just minimal effort.

[Therly]

Because in this digital era, technology has issued bitcoin as an successful and risk-free worldwide transaction resource, so it's not unusual that bitcoin turns into a pressure or the choice of most individuals for the foreseeable potential

[Bitcoin_Delivery]

THis is why bitcoin value constantly escalating will not mean bitcoin will be a lot more potent this coming year's it is maybe the need of other place that they want to use bitcoin either. But if im heading to inquire if bitcoin can have a good foreseeable future sometime? It is of course It will turn into mre more powerful and more powerful than other individuals imagined.

it's true that more and more people are claiming bitcoin to get a good future there as well they are more convincing people about bitcoin that has a good prospect in the future

[kevpantof]

Because in this digital era, technology has issued bitcoin as an successful and risk-free worldwide transaction resource, so it's not unusual that bitcoin turns into a pressure or the choice of most individuals for the foreseeable potential

Why most people are getting indulged into bitcoins is due to its increasing value and huge profits in short time. People think it more of an asset than a currency. It is the key of their future mansions. Other than that, the ease which it provides in large transactions to any part of the world is remarkable.

[Bianxee]

Because in this digital era, technology has issued bitcoin as an successful and risk-free worldwide transaction resource, so it's not unusual that bitcoin turns into a pressure or the choice of most individuals for the foreseeable potential

Why most people are getting indulged into bitcoins is due to its increasing value and huge profits in short time. People think it more of an asset than a currency. It is the key of their future mansions. Other than that, the ease which it provides in large transactions to any part of the world is remarkable.

People wants a good income in a shprt period of time. For me its also more than a currency because on it future possible value.

[theunbeatable]

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.

But when in terms of how many mediums, gold is still unknown but bitcoin has a fixed number of 21 million. In order for BTC to be equal the gold reserve bitcoin needs at least have a hundred dollars per coin. Let's see if we can achieved this in a span of 3 years.

Bitcoin is convenient way to make payments all over the world in XXI century, that's why

The time is changing so does the things around it. We want it or not the time will come that those things that we don't want to accept for example (digital cash, because it's too dangerous or not worth it to some ) will take over and we have no choice but to use it also.
As for bitcoin he is the current king in this digital currencies.

[Natural Perm]

I think nowadays bitcoin is a new power of money. Since many people are using btc for investing and etc...
Because bitcoin is the only currency that isn't affected by a goverment because it can't be controlled by anyone and is not illegal

[hisuka]

I think nowadays bitcoin is a new power of money. Since many people are using btc for investing and etc...
Because bitcoin is the only currency that isn't affected by a goverment because it can't be controlled by anyone and is not illegal

Bitcoin has been using worldwide though still there's few didnt understand bitcoin. But it is already becoming the new power of money. It is becoming strong nowadays because of the value that is expensive. Yes it is not illegal the freedom that we are using until today.

[lokpalnaik]

Bitcoin is a powerful cryptocurrency. It has got a powerful users network. As bitcoin can be transferred or sent like email. Price is increasing like rocket speed unlike other currencies. If the awareness is  spread across further, it will get legalized in most of the countries and It will be more and more powerful.

[PizzaBTC]

Because in this digital era, technology has issued bitcoin as an successful and risk-free worldwide transaction resource, so it's not unusual that bitcoin turns into a pressure or the choice of most individuals for the foreseeable potential

Why most people are getting indulged into bitcoins is due to its increasing value and huge profits in short time. People think it more of an asset than a currency. It is the key of their future mansions. Other than that, the ease which it provides in large transactions to any part of the world is remarkable.

I will second you without having a second thought. You have said very well that it is not the efforts of people, but it is Bitcoin which has earned this much of name in such a short span of time that people are investing in it as much they can. The benefits which it is giving, there is no match of them.

[Rosabel]

Bitcoin is powerful nowadays because it's a digital currency to earn and invest easily.The transaction is very fast and we send btc to other wallet very quickly.this is a legal currency and it's not affect the government also.