Why Bitcoin has power nowadays ?

[Strught85]

The bitcoin economic system nowadays gains energy and it becomea stronger due to it really is not getting controlled by federal government financial system, it has an independent entire body. The transactions is a lot hassle-free and a lot more safer, and which is the reason why bitcoin has it's much better safety of our money in every single transactions completed. Electronic currency market place is even now developing and I can see better long term in the economic climate of each and every establishing countries, if bitcoin financial liberty will keep on to be progressive.

[richkellj]

Bitcoin nowadays is presented for a new campaign of future , it's the first crypto currency that was accepted all over the world. So many investors in the world own it and they want it to expand Bitcoin's power, so their invesment will be success making them profit.

Masses across the world are holding bitcoins as their investments for future and the supporters of bitcoins want to push the use of bitcoins in daily life and want more people to take interest into bitcoins. Bitcoins have never disappointed its investors so people are really after them, making them the powerful currency of the world.

[tbterryboy]

Bitcoin nowadays is presented for a new campaign of future , it's the first crypto currency that was accepted all over the world. So many investors in the world own it and they want it to expand Bitcoin's power, so their invesment will be success making them profit.

Exactly! I think this is just not for the few days that Bitcoin is having power; rather the power of Bitcoin will keep on increasing in the very similar fashion as we have seen in the past. The only reason behind this is that the interest and profit which it is giving to all of investors. With each passing day, the number of investors increases significantly.

[pureclckr]

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

Being the first is always a good point. Because even if the rest that followed have been thinking about it, since they are still not the first one to create it, they will still be considered followers. They will be thought of inspired by the first. Bitcoin though is the real first in the crypto world. It is the father of cryptocurrencies. Hence the power.

Bitcoin has power now a days because of following main reasons:
Secured crypto currency of the world.
Capability to increase exponentially.
Easily accessible to everyone from any corner of the world.

[n0ne]

Not only now, but the increasing price of bitcoin making it more popular and popular. Panic situations arise quite often and the market soon retains after unexpected fluctuations. This increased price makes it providing more power to the market as well makes the users more more stronger.

[Hamstead]

Not only now, but the increasing price of bitcoin making it more popular and popular. Panic situations arise quite often and the market soon retains after unexpected fluctuations. This increased price makes it providing more power to the market as well makes the users more more stronger.

The only thing that make bitcoin stronger because of its price in the market, and it is surpass USD value as it hits in the peak price. Knowing that bitcoin is very popular around the world, everyone are amazed for its existence and now became one the biggest investment. Most investors are preferred to be a part of this because it is profitable compared to others.

[BTCevo]

Not only now, but the increasing price of bitcoin making it more popular and popular. Panic situations arise quite often and the market soon retains after unexpected fluctuations. This increased price makes it providing more power to the market as well makes the users more more stronger.

If you said it has power why there is so much fluctuation on the recent price? There is no way such power can't make the price stable. You can see USD as example, they have enough power to hold their price stable. So how about this bitcoin price then? Do you think that it has any power to get anything? May be conpare to other coin, btc is really super but there is nothing much that we can do about the price

[winterland]

So many reasons have made bitcoin to have such power , these are the advantages ranging from being decentralized and many people like being independent from government control.

Being independent and free of direct government control makes bitcoin very powerful, while we cannot avoid the indirect influence of governments the fact that governments have realized they cannot stop bitcoin by any of the means they have at their disposal has made bitcoin a threat they did not expect.

[Lpim01]

So many reasons have made bitcoin to have such power , these are the advantages ranging from being decentralized and many people like being independent from government control.

Being decentralized is one characteristic of bitcoin that make this unstoppable and it soars totally in the market. We really appreciate of it's fast growing and being higly in demand in the market compared to other crypto.
And I believe that everyone will take advantage on this for being great.

[_Dawid_]

It's impressive, but Bitcoin has been just first crypto currency made on blockchain. Why Bitcoin has so much power?
It's the most popular crypto currency, if you ask someone on the street for sure he will know at least BTC. Second thing are exchanges, nowadays less than in the past but you will usually need BTC to buy other currency. And the most important, people just used to use and own BTC

[Kisanaq]

Not only now, but the increasing price of bitcoin making it more popular and popular. Panic situations arise quite often and the market soon retains after unexpected fluctuations. This increased price makes it providing more power to the market as well makes the users more more stronger.

I think the main factor of bitcoin strength is the users and the community, we all know that bitcoin users continue to increase and many loyal communities to invest bitcoin. big companies are also investing a lot into bitcoin to make bitcoin more popular.

[winterland]

Not only now, but the increasing price of bitcoin making it more popular and popular. Panic situations arise quite often and the market soon retains after unexpected fluctuations. This increased price makes it providing more power to the market as well makes the users more more stronger.

If you said it has power why there is so much fluctuation on the recent price? There is no way such power can't make the price stable. You can see USD as example, they have enough power to hold their price stable. So how about this bitcoin price then? Do you think that it has any power to get anything? May be conpare to other coin, btc is really super but there is nothing much that we can do about the price

That is the price we need to pay for decentralization, bitcoin does not a have a central bank regulation its emission, the emission of bitcoin is fixed thanks to satoshi, so the volatility of bitcoin is going to be with us for a long time and the only thing we can do is to get used to it.

[Farquit]

Bitcoin is very power nowadays because of its value high value. They are using bitcoin as a pay in every buy and sell transactions. And soon, bitcoin can be use worldwide

[UsernameBitcoin]

Bitcoin has power because it is more decentralized than ever. Even mining, that has become more decentralized so this is the best thing to keep BTC immutable.

[millgates]

Bitcoin is very power nowadays because of its value high value. They are using bitcoin as a pay in every buy and sell transactions. And soon, bitcoin can be use worldwide

As a currency, bitcoin is appropriated for this century. Since bitcoin is not bound by interest rate and charge of any country,  therefore it can be used at all international level without any problem, thats how bitcoin recognized at universal levels.  The bitcoin characteristic in it self is better than current fiat,  the decentralization of bitcoin makes it is free all government oversight, the bitcoin economy is monitored by a peer to peer  in internet protocol and bitcoin is managed by its network, not any one central authority. All features of bitcoin make it has power. .

[mel1978]

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.

Simply because bitcoin is the first to introduce in the market online and many people use it in their transaction online because of its fast processing. For me many got rich also because of bitcoins because it is easy to earn that is if you really passionate.

[Granxis]

I think there's only one reason. It is thought to be untraceable that makes attractive, there has been a massive cyber attack over the last few months, and the WannaCry virus was releasing computer information against ransom. As a ransom payment method on this count, Bitcoin has put everyone's mind.

[twicezeroiszero]

Not only now, but the increasing price of bitcoin making it more popular and popular. Panic situations arise quite often and the market soon retains after unexpected fluctuations. This increased price makes it providing more power to the market as well makes the users more more stronger.

If you said it has power why there is so much fluctuation on the recent price? There is no way such power can't make the price stable. You can see USD as example, they have enough power to hold their price stable. So how about this bitcoin price then? Do you think that it has any power to get anything? May be conpare to other coin, btc is really super but there is nothing much that we can do about the price

That is the price we need to pay for decentralization, bitcoin does not a have a central bank regulation its emission, the emission of bitcoin is fixed thanks to satoshi, so the volatility of bitcoin is going to be with us for a long time and the only thing we can do is to get used to it.

The volatility of Bitcoin very interesting, it does not make me feel disappointed.
If Bitcoin become a pair trading like Gold/USD or other pair on Forex market, honestly I do not want to invest in it more.

[sunsilk]

I think there's only one reason. It is thought to be untraceable that makes attractive, there has been a massive cyber attack over the last few months, and the WannaCry virus was releasing computer information against ransom. As a ransom payment method on this count, Bitcoin has put everyone's mind.

And that also gave a big a fear to the people that wants to enter bitcoin by that time. There are some already think that bitcoin is evil and they can't stop those people that are hi-jacking information.

But it's not the only one that I can see with bitcoin's power, it is also a very good investment nowadays and many people sees to it that bitcoin has rapidly growth for several years.

[yndye]

I think the main factor of bitcoin strength is the users and the community, we all know that bitcoin users continue to increase and many loyal communities to invest bitcoin. big companies are also investing a lot into bitcoin to make bitcoin more popular.

I agree. There are a lot of bitcoin users now that is both an advantage and disadvantage. Advantage because if there are more bitcoin users, then there would be more demand and because of the limited supply it would make the price increase but the disadvantage to this is that because of too many users that bought bitcoin because of its high price maybe around $4k and above and because of the Fear Of Missing Out, they immediately join the herd without researching more about bitcoin, they immediately panic about the China News which in turned affected the price too much.