Why Bitcoin has power nowadays ?

[Pettuh4]

I think too many people are getting to know Bitcoin from around the world and it is this reason why it keeps growing over and over again and so getting more powerful by the day through our private and public discourse.

[Charisse1229]

Can we say that bitcoin is a cryptocurrency and cryptocurrency is a money, so there is still a chance to have a better coin in the future and have a better life, it is the reason becuase bitcoin is power nowaday, it helps other to their financial problem, and the other use bitcoin to thier transaction.

[winterland]

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.

I do not know what you are talking about bitcoin mining is awfully centralized and the miners seems to be bent on creating their own forks and coins and create even more profit for themselves, BCH is completely centralized and I think something similar is going to happen to segwit2x.

[offlinedragon]

Because bitcoin right now has such a huge value. It is almost worth more than gold. Also it's really popular right now and it's possible it will be used just like normal money in the future because everyone will probably pay by card.

Bit coin has power now a days because of following reasons I think:
Large number of users from all over the world.
Most secured crypto currency.
Have exponential growth in the market.
Uncontrollable by the governments of strong economy holders.
Accessibility from anywhere in the world.

[avanol]

I think too many people are getting to know Bitcoin from around the world and it is this reason why it keeps growing over and over again and so getting more powerful by the day through our private and public discourse.

I agree with you many people around the world are joining bitcoin. So more people are investing that means that bitcoin is growing. Also some shops now accept bitcoin you can pay then with bitcoins when you order a pizza. This is also why bitcoin is now growing. People are supporting it that means that they want to have profit because of bitcoin.

[A.H.Rassel]

Bitcoin is effective now since it is utilized as a cash to numerous exchanges of this world.bitcoin is the most prominent coin in the realm of cryptocurrency. It is additionally the primary fascination of all financial specialists in the realm of cryptocurrency.

[Nakakapagpabagabag]

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.

Because of our time today many need the help of bitcoin especially people who are in short of money who do not know where to spend their daily living. As the user increases or supports bitcoin? its inflation rate is strong because of the large number of users and requires bitcoin assistance to increase bitcoin's inflation rate while increasing its users. Many have become suucessful that bitcoin has helped, so far it still uses even its rich or high levels of living. While bitcoin is growing now? Bitcoin exchanges to pesos are also rising. And while its value rises to the peso bill? Others are more appreciated not to sell it first because they are waiting for the change to rise again next time .

[palle11]

Bitcoins power is surrounded by the numerous advantages it has. Again, basically people like bitcoin more because of its high value in exchange. Meaning, the price of bitcoin is far above any paper currency found in the world, be it dollar ,pounds etc. In other words, any where in the world that you are, once you have access to bitcoin, you are sure profiting above your currency. This is the exact reason for the craze for bitcoin or why people are scrabbling for it even with decentralized nature.

[Daimon88]

it all depends on the user, we all know that bitcoin users are the biggest so it makes bitcoin very strong even though many countries are officially banned bitcoin, besides, bitcoin is the first so it always becomes the main choice.

You are right that depends on the number of bitcoin users and the number of countries supporting it. But following factors are also the cause of increasing power of bitcoins:
Decentralized economy.
Survival in market even after China’s ban.
Rising crypto currency of the world.
Most secured crypto currency ever.

[nelmari]

Well Bitcoin has power nowadays because of its price, imagine if you had invested a couple years back let's say around $10,000 you would be way more richer now than you were years back and making people gain power because of that. As they all say, money is power and power is everything; and by having more bitcoins that means you have more money too.

[Sled]

Most of the posts are negative, because of the popularity of bitcoin being used in the dark Net.

I don't think "everyone" thinks that bitcoin is the best investment right now since not everyone knows about bitcoin. Mostly just people that stays on the internet for a couple of hours every single day knows about bitcoin.

That is why, it is a great investment because not all the people know bitcoin and that is an advantage for bitcoin to have a lesser amount of people in the investment field because that means that you have more chance to be one of the lucky investor who can get a lot of profits in bitcoin if you will invest on it and treat bitcoin as an long term investment.

[supercanada1]

Welk i guess people nowadays use bitcoin because the price so high.

Yeah for me as well bitcoin is much better than the other currencies and the investments, bitcoin is safe and it is very easy now to transfer or to receive. It is the best investment and it is the best thing to sell when the price of the bitcoin will be high enough to give you the righ and the high profit. It is able to work as same as the money use to do.

[rickadone]

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 everything is exposed to technology and internet so that an access to bitcoin is very easy. What I really want in bitcoin was its untable value, it can pump and dump. Maybe it is one of million reasons why bitcoin is still on the line nowadays.

These are the few reasons why people are highly attracted towards bitcoins. The unstable prices are making bitcoins fascination for the world of technology. All those who are involved in one way or other in digital world are very much impressed by this new creation termed as bitcoins. Bitcoins are obviously famous now a day because they are fulfilling the financial desires of the people.

[Xenoph0bia]

I think Bitcoin has power nowadays because the transaction in Bitcoin are anonymous. The transaction are cheap and quick as well.
Moreover Bitcoin is growing at a very fast rate which makes it a better investment.

[albertvert]

I think Bitcoin has power nowadays because the transaction in Bitcoin are anonymous. The transaction are cheap and quick as well.
Moreover Bitcoin is growing at a very fast rate which makes it a better investment.

I will suggest you the same. The price of bitcoin is keeps on increasing day to day. Even some time for the entire month as like the August month.So I will inverse in bitcoin and suggest you to inverse in bitcoin of the full fund which you have in the bank or saving. I am dam sure you will get profit.

[Portia12]

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.

i agree to you bitcoin can buy anything now like other currency. but this cryptocurrency cant affect by a government because not all county know about bitcoin and the price of bitcoin is high compare to real currency and money.

[Obytwenty]

base on the readability of bitcoin for transaction to any wallets and easy ways for paying to services unit by bitcoin the let many of people trying to keep it for daily used beside more people working on trading issue and the relative scarcity make very thinks in high price that's power came for .

[panju1]

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.

i agree to you bitcoin can buy anything now like other currency. but this cryptocurrency cant affect by a government because not all county know about bitcoin and the price of bitcoin is high compare to real currency and money.

It cannot be affected by the government? The government rules us. It controls our life. No matter how difficult it is for the government to control Bitcoin, it is possible for them to control Bitcoin users in that country.

[Zuilhsa]

Something is having power means it is ruling, bitcoin is not under the control of any government, so it is ruling the crypto world. No one will quit out from bitcoin once they enter inside, rather more and more investors are attracted towards it because of the earnings and profits they reep from bitcoin.

[Proton2233]

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.

i agree to you bitcoin can buy anything now like other currency. but this cryptocurrency cant affect by a government because not all county know about bitcoin and the price of bitcoin is high compare to real currency and money.

It cannot be affected by the government? The government rules us. It controls our life. No matter how difficult it is for the government to control Bitcoin, it is possible for them to control Bitcoin users in that country.

The state can not affect bitcoin, but to complicate the possibility of its use for users can easily. We cannot be calm until will not be able to abandon Fiat. The inability to buy or sell goods for bitcoins this is the weakest point in the bitcoin economy.