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Author Topic: Why Bitcoin become Famous??  (Read 27963 times)
Zeke_23
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August 20, 2017, 05:57:05 AM
 #941

Its just because the price of thr bitcoin in the market is too high and still pumping
yes, its price makes the people regret for not investing on it before. so many investors are investing now since its not yet too late for them to invest. because of bitcoin's price it wakes up the people who ignores it.

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Yaramrd
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August 20, 2017, 05:58:03 AM
 #942

I think, bitcoin became famous because of two things. First, it became famous because of the fast rising of its value. Ordinary people will think at first that this might be somewhat scam or not real, but people who understands cryptocurrencies will appreciate the rising of value. Second, it became famous because notable people, investors, and businessmen are clinging to it.

Yes there are also many other reasons that Bitcoin is famous. The value of bitcoin is increasing very fast and this is due to the investors that come towards it and the information the media is sharing. The more people get inform about bitcoin the more they invest in it.
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August 20, 2017, 06:03:16 AM
 #943

Can you give some reasons about this???
Bitcoin became popular because of the amount that companies, individuals and its users are earning. In short,  it is popular because it is profitablr amongst people especially its investors and users. Also, it is decentralized, which means no third parties will be involved in transactions unlike in Banks. Wherein a user can spend his wealth the way he likes it to be spent.

True.  Everyone is on bitcoin because it is popular, well recognized as a platform to earn money.  It is just like any other currency, the difference is that it is done online.  When you earn through bitcoin, there is no tax involved and earning has no limit.  Bitcoin is truly amazing.  Plus the fact that if you just keep it in your wallet, it can still grow and will make you gain profit.

From my point of view, bitcoin is known for its very sharp fluctuations, it is very profitable for traders, then bitcoin has always been the subject of world government talks that automatically make bitcoin count as the currency of the future. The last thing is that any bitcoin inherent problem keeps the bitcoin volume growing, this is a sign that there is a lot of trust from new investors.

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August 20, 2017, 06:06:40 AM
 #944

Its just because the price of thr bitcoin in the market is too high and still pumping
yes, its price makes the people regret for not investing on it before. so many investors are investing now since its not yet too late for them to invest. because of bitcoin's price it wakes up the people who ignores it.

I think it is the upcoming development of Bitcoin that make it more famous.  Aside from that the drama between the two faction that result in a split makes it more interesting.  Aside from that being the first decentralized blockchain is the one that established its popularity and the promise of changing the finance system made it more controversial.

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August 20, 2017, 06:11:10 AM
 #945

Its just because the price of thr bitcoin in the market is too high and still pumping
yes, its price makes the people regret for not investing on it before. so many investors are investing now since its not yet too late for them to invest. because of bitcoin's price it wakes up the people who ignores it.

I think it is the upcoming development of Bitcoin that make it more famous.  Aside from that the drama between the two faction that result in a split makes it more interesting.  Aside from that being the first decentralized blockchain is the one that established its popularity and the promise of changing the finance system made it more controversial.
I think that the popularity of bitcoin happens because so many people are surprised to see the rise in bitcoin prices from hundreds of dollars, to thousands of dollars. Of course this will make people glance at bitcoin as a tool that can give them an advantage. So the popularity of bitcoin suddenly explodes.





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Yaramrd
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August 20, 2017, 06:12:14 AM
 #946

Bitcoin become famous  because Bitcoin is very easy for use.There are many company who accept bitcoin.And everyone use bitcoin for trading investment. So bitcoin price going up to 5000 dollar





 I agree with you that as many companies accepting bitcoin the more it become famous as now bitcoin can be used for online shopping and buying other services. In my area I can easily top-up my cellular connection account and pay other utility bills.
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August 20, 2017, 07:14:06 AM
 #947

It is because bitcoin is easy to use in transaction like paying bills. Or trough internet transaction.You can pay any where you are.As much as they accept the bitcoin.

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August 20, 2017, 07:14:42 AM
 #948

When I first came to know about bitcoins it wasn't much popular in the market moreover the value was too low and nobody had an idea with the recent ransom virus attach and their demand for bitcoins in return is the main reason which made bitcoins so popular among the rest of the world.
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August 20, 2017, 10:29:07 AM
 #949

Because now a lot of which use bitcoin as a means of payment transactions. Also the skyrocketing price keeps investors constantly investing in bitcoins. In this case a lot of platforms that use bitcoin, so bitcoin became famous and now more famous.
for sure bitcoin is famous and the popularity of the bitcoin a lot of factors can make bitcoin more famous and bitcoin fame can be happen because of the volatility and the price increasing over the time as everybody anticipated it. lot of people are getting into bitcoin because of the price and the market value of the bitcoin it has the potential to increase your money it is being popular for a lot of reasons today.   



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JohnCryptonian
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August 20, 2017, 11:33:53 AM
 #950

Because now a lot of which use bitcoin as a means of payment transactions. Also the skyrocketing price keeps investors constantly investing in bitcoins. In this case a lot of platforms that use bitcoin, so bitcoin became famous and now more famous.
for sure bitcoin is famous and the popularity of the bitcoin a lot of factors can make bitcoin more famous and bitcoin fame can be happen because of the volatility and the price increasing over the time as everybody anticipated it. lot of people are getting into bitcoin because of the price and the market value of the bitcoin it has the potential to increase your money it is being popular for a lot of reasons today.   
It's already been spreading even with the countries that are not that technologically updated, it's just the thing that happens when something is really amazing. Probably there are a lot of people who regrets not buying bitcoins when they have the chance. It's still happening now, the price of bitcoin is still rocketing because I think those people who regret also buys now.
Lannie25
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August 20, 2017, 11:35:56 AM
 #951

Because bitcoin have a potential to be a world cryptocurrency
Then can we use bitcoin to transact any on internet
barabarian1
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August 20, 2017, 11:42:34 AM
 #952

Can you give some reasons about this???

you can be rich, you can buy all what you want, you can do what you want with bitcoin.
easy to collect bitcoin and have high price be one reason people use and earn it.
people will tell about bitcoin to the closer friend and family, and than be famous right now.

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August 20, 2017, 11:43:17 AM
 #953

it easy to answer. bitcoin was the first cryptocurrency that was made and even survived until these day. it had many up and down story but here was bitcoin stay strong and became the most expensive coin in the world.

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August 20, 2017, 08:23:01 PM
 #954

Of course bitcoin became famous, I think we all know bitcoin is a virtual currency that has a very high value. This is what many people today are mainly investors for investing in bitcoin. Besides that there are some very advantageous features for bitcoin users of security features one of them. Bitcoin is a digital currency that makes it easy for people to invest, not to mention the low cost of transactions, it can get people interested in using bitcoin as a means of transaction. I think bitcoin is one of the most powerful ways in the field of investment for the future.

Yes in future more investors will come towards bitcoin as the price of bitcoin always fluctuate and it increasing day by day. In April 2017 one bitcoin was at $1400 and today its trading at $4111. So it’s a secure and profitable investment. The media is also spreading news and awareness about bitcoin and that is the reason bitcoin is becoming famous day by day.
Yaramrd
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August 20, 2017, 08:43:00 PM
 #955

When I first came to know about bitcoins it wasn't much popular in the market moreover the value was too low and nobody had an idea with the recent ransom virus attach and their demand for bitcoins in return is the main reason which made bitcoins so popular among the rest of the world.

The media is sharing information about bitcoin and now in near future we will see that it will become more popular and it will be so fast. In other reason that bitcoin is popular from other cryptocurrencies is that it is decentralized.
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