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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20631 times)
shezu007
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January 22, 2018, 06:51:39 AM
 #1541

Every thing in market get popularity when their is a more profit or facility for their users just like that BTC is  a crypt currency and the most special thing is that BTC is tax free and more special quality is that you can with draw your BTC every where in the world while also price is varying with time and mostly increasing due to which people are getting more profit also with addition with this security is also very high so it is more trusted.
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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bitcoinFPT
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January 22, 2018, 07:18:44 AM
 #1542

Bitcoin is the most popular crytocurrency because it was the first crypto currency that exist, It help all people in the world, They are office workers or workers, part-time workers, even elders or children, as long as they are knowledgeable about technology, have computers that connect to the internet that they can earn money.  
          
It help us escape the control of the national bank.Also,it has given financial freedom for the people.Tranding at home and abroad with very low transaction costs
hx6688
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January 22, 2018, 07:21:49 AM
 #1543

bitcoin is the first cryptocurrency, experienced several crashes and surge, its survival remind people of crypto and blockchain.
kunalqwe
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January 22, 2018, 07:22:20 AM
 #1544

bitcoin is the most popular cryptocurrency because it is the first cryptocurrency and it is also more popular because of its value .
Glydel1999
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January 22, 2018, 03:54:18 PM
 #1545

bitcoin is the most popular cryptocurrency because of its price and because of the price of it, many of the people amaze in the market price of bitcoin and start to invest in it for a big profit and stocks.
MJK_Anfaenger
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January 22, 2018, 04:02:07 PM
 #1546

As a newcomer I just find it fascinating that everyone seems so confident in BTC. Why is that? In my limited experience transactions are slow and very expensive compared to other cryptos, say ETH. It's an honest question, please do educate me!
Cholidm
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January 22, 2018, 04:07:27 PM
 #1547

because bitcoin is the main pioneer that first introduces cryptocurrency and in its development bitcoin remains stable so that more and more investors are interested and investing with the number of investors who enter the more people who are interested and believe with bitcoin

Watashi Yamashita
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January 22, 2018, 04:25:57 PM
 #1548

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?
Aside from being the very first cryptocurrency, bitcoin also has a reputation that it is taking care of over the past few years. We all know how expensive bitcoin right now so we should really expect that it would be very famous. The convinience and the security it gives can also be a thing that makes bitcoin more popular to bitcoin since they all want that feature.

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MJK_Anfaenger
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January 22, 2018, 04:26:40 PM
 #1549

because bitcoin is the main pioneer that first introduces cryptocurrency and in its development bitcoin remains stable so that more and more investors are interested and investing with the number of investors who enter the more people who are interested and believe with bitcoin

It sure is, but does that mean anything? Many pioneers and big names in other markets have disappeared without a trace (remember when Blockbuster was a thing?) And wouldn't new investors rather be scared away by the volatility and the fees?
airdnasxela
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January 22, 2018, 04:29:10 PM
 #1550

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?
I think it is all because of its value. We all know how expensive the value of bitcoin is right now and even though the value is falling down a bit, people will still keep on patronizing bitcoin up as long as it is giving them financial assistance. We should also be considerate on the capability of bitcoin and its limitation to know if it will work.
MJK_Anfaenger
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January 22, 2018, 04:40:54 PM
 #1551

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?
Aside from being the very first cryptocurrency, bitcoin also has a reputation that it is taking care of over the past few years. We all know how expensive bitcoin right now so we should really expect that it would be very famous. The convinience and the security it gives can also be a thing that makes bitcoin more popular to bitcoin since they all want that feature.

Is it really that secure though? From the perspective of a newbie (got into crypto in december) the thing that really stood out to me was it going from 18k€ to currently 9k€. Or do you mean "secure" as in "hard to manipulate"?
raihan09
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January 22, 2018, 04:48:03 PM
 #1552

Yeah, that's right but I think one more reason for bircoin is the most popular cryptocurrency & that is bitcoin value. bitcoin value is very high & you can earn big profit & bitcoin price was increase day by day.
MJK_Anfaenger
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January 22, 2018, 04:51:41 PM
 #1553

Yeah, that's right but I think one more reason for bircoin is the most popular cryptocurrency & that is bitcoin value. bitcoin value is very high & you can earn big profit & bitcoin price was increase day by day.

It's value has been steadily dropping since december...
boynamnhi
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January 22, 2018, 04:57:53 PM
 #1554

Nobody knows who nakamoto shatoshi is. That makes bitcoin impossible to control. can not manage. This is what makes bitcoin popular. Other altcoins have better technology and a bitcoin foundation. However, they have owners. That's the difference
sohel436290
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January 23, 2018, 06:32:16 AM
 #1555

I think everybody believes that which show the road of course he runs is one step ahead and this is the nature. I know Bitcoin is too much popular because well it was the first usages of all cryptocurrency in the world. Bitcoin is the father all of the cryptocurrency. not end here at
this time Bitcoin Transaction service is very well and easy prosses. Countless quantity virtual coin stays in cryptocurrency market but  99% people know about that and used Bitcoin and first mover advantage so hopefully, i can say that's why bitcoin the most popular cryptocurrency.
AltheaHeart14
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January 24, 2018, 08:17:31 AM
 #1556

Because it is the first cryptocurrency thats created and it prove that it is legit not a scam and tested its tranparency to it user.

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pansu18
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January 28, 2018, 09:14:41 AM
 #1557

It is because bitcoin established their system consistent than other cryptocurrency. And it shows the largest profit gain in digital businesses
Matrond
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January 28, 2018, 09:16:11 AM
 #1558

I think it's due to their significant 'First Mover Advantage' and how 'Bitcoin' has become synonymous with 'Cryptocurrency' in the Mainstream Media. The significant mining aspect to the coin also means that there will always be a large tech savvy crowd backing it.
RAmondragon
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January 28, 2018, 09:22:37 AM
 #1559

Its the first and original cryptocurrency with  unique system. It has proven its transparency from some years now. Also bitcoin's future is more obvious due to its legitimacy over some projects who were eventually found a scam.

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January 28, 2018, 09:23:00 AM
 #1560

According to me the bitcoin being the most trusted digital currency as it is adopted by many nations and other coins are a just scam or the game of few days.
Yes Bitcoin is the most trusted cryptocurriency there is ,but I cannot say that all altcoins are just scam, there are also altcoins you can trust like ETH.

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