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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20631 times)
Rolf Walker
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January 09, 2018, 10:38:24 AM
 #1321

-Bitcoin has the first mover advantage of being the first of its kind.
-It survived countless attacks and gradually grew resilient with adversity; Mt. Gox, while most prophesized its demise, people were buying into its future.
-It has the Social network effect. the Metcalfe’s law that says that the value of a network is proportional to the square of the number of users on the network.
-The Viral Effect: It receives the most media coverage and this spreads like wildfire on social media.
-The name is catchy and resonates with people
-It acts like a gate-keeper/reserve-cryptocurrency, before you can buy a majority Altcoin, you need to have bitcoins to exchange
-It remains the most battle-hardened crypto brought to scale, and it continues to hold strong despite in-fighting and hacks.
-People are treating it as a store of value, the equivalent of being digital gold that continues to grow in value instead of money (its original purpose).
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niahasasj
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January 09, 2018, 10:45:28 AM
 #1322

Bitcoin is first and popular currency.bitcoin is decentralized currency.bitcoin payment system is safe for transactions.bitcoin is better than altcoins.
SpearTackle
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January 09, 2018, 11:20:45 AM
 #1323

All I can say is bitcoin is the most popular cryptocurrency because of it's unique characteristic and that characteristic is making it's name more soundly because it is increasingly pumping like crazy in the crypto world. That is why many people are curious to know what bitcoin really is.
BumbleBeast27
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January 09, 2018, 11:21:51 AM
 #1324

It was the first of its kind which almost everyone doubted. Now, it's a superstar and a lot of doubters have joined despite still remaining to doubt.. It's basically making people rich...
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January 09, 2018, 11:26:42 AM
 #1325

Bitcoin is more popular than any other crypto currency because it the first main well-known crypto currency in the world. My first experience is related to this.
cizatext
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January 09, 2018, 11:54:44 AM
 #1326

Bitcoin is the most popular among the cryptocurrencies due to the fact that bitcoin is the most valuable among all and at that it demand is very high couple with bitcoin potential such as market value high demand and highest price in the exchange market. Bitcoin is the mother of all cryptocurrencies that is all other cryptocurrencies comes out of bitcoin and bitcoin is the first crypto currency and at that it foundation is will established. This are what make bitcoin more popular then other cryptocurrencies.
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January 09, 2018, 12:06:42 PM
 #1327

Because bitcoin is the first crypto-currency. It is the tuton of the industry. and further, the community of bitcoin is the lagrest.

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annicketucufaw
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January 09, 2018, 12:18:15 PM
 #1328

Because it is the founding father of all cryptocurrencies. All of it was and will be born because of bitcoin. I can say that it is also popular because it is the easiest cryptocurrency to cash out. There are so many website or application that you can use that is available for bitcoin. The easier you can convert it to fiat, the more service a coin have the more popular it will be.

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monsterfinger
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January 09, 2018, 12:27:51 PM
 #1329

Bitcoin is the oldest crpytocurrency and has the larfgest community. It might not be the best or fastest currency. But after 9 years of development and acceptance its huge and worth every dollar Smiley.
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January 09, 2018, 12:35:47 PM
 #1330

I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
As the first cryptocurrency in the field, it enjoys that supremacy naturally. It has naturally made it popular worldwide to the point that some people regard cryptocurrency entirely as bitcoin.

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January 09, 2018, 01:56:39 PM
 #1331

Guess Bitcoin is the most popular currency as it has proven itself over the years. The Bitcoin tech works and people have a lot of trust in the network. Add to this the the first movers advantage and you know why Bitcoin is the most popular cryptocurrency for now. But I do believe that Bitcoin will be overcome by some other blockchain sooner or later, its just a matter of when. For now Im all into Bitcoin too, as there is nothing to compete with it out there for now.
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January 09, 2018, 02:00:00 PM
 #1332

I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Bitcoin is the most popular cryptocurrency simply because it has an expensive value and is a very good investment. It has proven a lot to people already that's why the reputation it's holding is gaining much more attention to people. Bitcoin also is the very first cryptocurreny and the first one to be successful up until now. Bitcoin has all the reason to become popular and I think that's a good thing for us.
maikelujang
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January 09, 2018, 02:08:47 PM
 #1333

Bitcoin is popular because of its expensive market value which is due to the high market demand generated by its large community. As it is becoming more popular, more people are being attracted to the profit that its users are having that makes its community even more larger and its market demand higher that result for its value to be more expensive making it more popular. It is like a cycle.
aji567
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January 09, 2018, 02:21:00 PM
 #1334

Bitcoin most popular because of its price and coins, which first appeared in the world cryptocurreny.
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January 09, 2018, 02:37:11 PM
 #1335

Bitcoin most popular because of its price and coins, which first appeared in the world cryptocurreny.
Bitcoin is the most popular cryptocurrency among the rest is because bitcoin is the first crypto in this world, and bitcoin was running for many  years and i think is now 9 years and many people is became millionare by the help of bitcoin thats why until now bitcoin is still the most popular.
cybersofts
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January 09, 2018, 02:44:12 PM
 #1336

I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Bitcoin is first cryptocurrency in the world with better quality and well enhanced codes. Bitcoin is also popular because of its value and limited supply. There are only 16.7 million bitcoins in circulation currently in the world, and the demand of bitcoin is higher than the supply. Bitcoin value is what attracted many people to bitcoin and the value is growing consistently due to the bitcoin limited supply. 
Stac
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January 09, 2018, 02:45:52 PM
 #1337

Bitcoin is the most popular among all the crypto currencies as it is the first invention in the crypto graphy network which helps in the easy transaction and payment of products and services offered online all the transactions are recorded in the public ledger called the block chain altcoins are a mere copy of the first crypto currency with an added feature in it. Bitcoin is the safest and secure crypto currency in the crypto market which is proven all these years and is easily accessible in exchanges when compared to altcoins.

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January 09, 2018, 02:48:07 PM
 #1338

I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?

Bitcoin become popular because it was patronize by the traders and it's the cryptocurrency being made. BTC also maintain its status quo as a reliable coins. Prove itself worthy of trust of the investors.

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January 09, 2018, 02:51:01 PM
 #1339

I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?
Because there are so many people who like bitcoin and own it. The more people who own bitcoin think it will be trading so much that it will be popular. Bitcoin has the highest market capitalization so it is always on top of coinmarkcap.

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January 09, 2018, 02:53:05 PM
 #1340

yes, bitcoin is the most popular coin among other coins because bitcoin is the first crypto and I feel a lot of scam coins maybe because they compete in the market that make some less desirable coins and it makes the coin is a fraud.
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