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Author Topic: Why Bitcoin has power nowadays ?  (Read 26749 times)
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September 15, 2017, 10:21:50 PM
 #601

You have answered the issue of yourself just by declaring about the enhance of volumes exponentially which means Bitcoin as of proper now has a lot more demand in comparison to any other cryptocurrency. With that getting said and to preserve my answer short the main cause why Bitcoin is far more powerful than other individuals is simply because of the demand from customers it has in which numerous folks are employing it for buying and selling and transacting, in which the cryptocurrency entire world is aware of.
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September 15, 2017, 10:31:46 PM
 #602

Bitcoin has no energy of its own.All control that bitcoin should charge is originated from the way that its esteem is measured against USD.If dollar wind up noticeably solid ,bitcoin esteem will fall thus the supposed power that it has.

You literally look at the word power as source of energy. It means that power in terms of popularity in the world of financial. And I don't think bitcoin/esteem will fall we see on how it is pumping just like today. A while ago the price of bitcoin is near to get back at $2,000 but now it's now pumping and +$700 for this day only, this is why bitcoin has power in the market.

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September 15, 2017, 10:37:04 PM
Last edit: September 16, 2017, 01:46:00 AM by Egayerm
 #603

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!
I agree that bitcoin is first of all. Hopefully someday the bitcoin will not be lost and it might be more powerful.
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September 15, 2017, 11:09:40 PM
 #604

Bitcoin has no energy of its own.All control that bitcoin should charge is originated from the way that its esteem is measured against USD.If dollar wind up noticeably solid ,bitcoin esteem will fall thus the supposed power that it has.

You literally look at the word power as source of energy. It means that power in terms of popularity in the world of financial. And I don't think bitcoin/esteem will fall we see on how it is pumping just like today. A while ago the price of bitcoin is near to get back at $2,000 but now it's now pumping and +$700 for this day only, this is why bitcoin has power in the market.

yes the great strength of bitcoin is ensured to every user even though the bitcoin population is still quite a bit of the world's population but the bitcoin strength of the crypto mamompa market price is on the rise again, and now the bitcoin price has reached $ 3754 for now.
and we hope this will be a good sign for the future development of bitcoin because with this price increase it is certainly a good support for business actors in bitcoin.
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September 15, 2017, 11:24:38 PM
 #605

I still think that a high proportion of finance, investment and business is devoted towards expedient short term gains which sacrifice long term value. Maybe you can see it with large corporations and boards of directors. They have a tendency to focus on having higher profit margins every quarter. Perhaps to the exclusion of building long term value or growth.

An oversaturation of focusing on short term gains to the expense of long term value could create a vacuum where investments/finance/businesses which focus on building long term value, like bitcoin, can thrive. It might be fair to say some of bitcoin's success is due to it being a great creator of long term value during a time when there is a dire need for it in the world.

For the average person wanting to create long term wealth there can be many barriers, obstacles and hurdles for them to overcome. Bitcoin could simplify this process drastically making long term value available to all.
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September 16, 2017, 01:53:30 AM
 #606

Bitcoin has power nowadays because it is the 'only currency' that isnt affected by a government. I think people like this freedom, and its a market with high liquidity.

Yeah your right, I think bitcoin is the one way that can people survive for their daily life. Bitcoin have freedom for anything and the government dont care about bitcoin.

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September 16, 2017, 03:25:08 AM
 #607

I think the most important thing is the user, we all know that bitcoin users spread all over the world and all look loyal so bitcoin has a strong power, in addition to users, of course is a developer who continues to innovate.

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September 16, 2017, 04:20:23 AM
 #608

Bitcoin has power nowadays, base in my observation more person want to invest in the terms of bitcoin and to earn money use gadget even if where place we go. Bitcoin is popular now , most of the students are expensive their time in bitcoin to help their financial problems. Since bitcoin was help to us , we could to promote and set as legal and be informational to help other to give hope to other future
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September 16, 2017, 04:29:17 AM
 #609

Because all eyes will be on bitcoin, we all know that bitcoin is the first so it will always be the top choice for fans of cryptocurrency. In addition, bitcoin is always a reference for trading with altcoin.
They are famous because everyone wants to invest into them. Those who have just heard a word of digital currencies are even ready to invest into bitcoins because of the recent prices bitcoins reached in the month of August after Segwit execution. In the coming days, the power of bictoisn wills tremendously increases further.
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September 16, 2017, 05:11:08 AM
 #610

Bitcoin has power, but the reality is it is losing market share to Ethereum and ETH-based tokens in the crypto world and has been this entire year. Every day new services are coming out left-and-right that people are putting money into instead of Bitcoin.



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ipanks
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September 16, 2017, 07:48:34 AM
 #611

with so many people know bitcoin, bitcoin todays have the power to increase and reach more user and to be famous in many places. but today, bitcoin have been test by decreasing of the price and its down too deep but soon the price will go up again. soon bitcoin will have more power when more user is join and getting involve in bitcoin world.



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September 16, 2017, 09:15:34 AM
 #612

Bitcoin has value because it is as valuable as money. Bitcoin has the properties of money (durable, concise, exchangeable, rare, divisible, and recognizable) based on mathematical formulas rather than based on physical form (such as gold and silver) or confidence in the center (such as fiat currency). In short, Bitcoin is supported by math. With these attributes, all that is required of money to have an exchange rate is trust and acceptance. In the case of Bitcoin, this condition can be measured by the growth of users, sellers and early users. Like other currencies, the value of bitcoin comes only from people who are willing to accept it as a means of payment.
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September 16, 2017, 09:35:02 AM
 #613

The more large investors invest in bitcoin, the stronger it becomes. And now there is a very important event - the whales lowered the price to make a purchase. This means that the cena will soon fly up

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September 16, 2017, 09:46:33 AM
 #614

Bitcoin has power nowadays because of the fact that transactions in Bitcoins are fast, cheap and anonymous which makes transfer of funds from one place to another very very easy. Moreover Bitcoin has one of the fastest growth rates which makes it a better investment option.
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September 16, 2017, 11:20:38 AM
 #615

Bitcoin has power nowadays because of the fact that transactions in Bitcoins are fast, cheap and anonymous which makes transfer of funds from one place to another very very easy. Moreover Bitcoin has one of the fastest growth rates which makes it a better investment option.
Bitcoin has a power nowadays because of the demand and the user of bitcoin already increased and they are keep on going up and that is why a lot of people are into bitcoin and they already made bitcoin powerful and the more the users will get into bitcoin even that is poor or rich then bitcoin will become more powerful in the future.
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September 16, 2017, 03:28:52 PM
 #616

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.

We all know that we are now in the digital world and we are exposed to different advancement in our society most commonly in relation with the internet. Cryptocurrency is working online so that many people can easily rich Bitcoin; making it being patronize nowadays.

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September 16, 2017, 05:00:28 PM
 #617

Theres just two reasons why it has power and why it is the most wellknowned cryptocurrency up to date.Simply because just like what other users said bitcoins is the basis of all altcoins,the first one to be born.And despite the big investors behide bitcoins
Yes the trust and the value of the bitcoin is more now than before because bitcoin is trusted by a lot of new people now, and the reason for the power of the bitcoin is that it is very popular among the users it is now more secured than before so if we look at the last two years of the bitcoin we will see how much value it has gained in our life so bitcoin is the most powerful currency now and it will increase the strength more and more.

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Loope
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September 16, 2017, 05:44:41 PM
 #618

Yeah right, bitcoin has power nowadays cause there is a higher demand, higher value where in we are we able to attain the most profitable stage of bitcoin. Some personalities do not believe that there is a money through the worldwide currencies..some others do not give interest too. But the increasing number of active participation of the member will successfully rising up the value of bitcoin as a result bitcoin have power right now..

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September 16, 2017, 06:00:48 PM
 #619

it seems weak nowadays but bitcoin always have power. and its getting that power from this community.
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September 16, 2017, 09:09:08 PM
 #620

Bitcoin has no energy of its own.All control that bitcoin should charge is originated from the way that its esteem is measured against USD.If dollar wind up noticeably solid ,bitcoin esteem will fall thus the supposed power that it has.

You literally look at the word power as source of energy. It means that power in terms of popularity in the world of financial. And I don't think bitcoin/esteem will fall we see on how it is pumping just like today. A while ago the price of bitcoin is near to get back at $2,000 but now it's now pumping and +$700 for this day only, this is why bitcoin has power in the market.

yes the great strength of bitcoin is ensured to every user even though the bitcoin population is still quite a bit of the world's population but the bitcoin strength of the crypto mamompa market price is on the rise again, and now the bitcoin price has reached $ 3754 for now.
and we hope this will be a good sign for the future development of bitcoin because with this price increase it is certainly a good support for business actors in bitcoin.

Don't look at the population of bitcoin users, it will grow suddenly as bitcoin is spreading through mainstream media's. The suggestions and ideas of the experts in the financing and I.T industry are on it already. Try to observe the market of bitcoin for a couple of months up to a year you'll see on how bitcoin is powerful and it's economy is.

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