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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20626 times)
zulkarnaen
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November 13, 2017, 09:25:47 PM
 #601

Currently, bitcoin is a popular crypto because bitcoin values are very high when compared with other crypto and in addition to decentralized systems that are part of the bitcoin system with the ease of bitcoin transactions being triggers of bitcoin use, so almost everyone knows and uses bitcoin for good financial transactions for payment transactions or for business transactions such as trade and investment,
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GreenBits
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November 13, 2017, 11:03:03 PM
 #602

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?

Nail on the head, this is pretty much the only reason. bitcoin is trusted because ozf its age; essentially no one here feels there is a major flaw lurking around waiting to be exploited, to ruin value. bitcoin is far from the most advanced coin on the market; without a doubt at this point that distinction would have to go to Ethereum. not an eth fanboi, but in terms of raw venture capital applied to development of the protocol, there may be more investment/innovation in eth at this point (ICO scene) than there has been over the much longer life of bitcoin.

we are riding trust now, and not innovation. there was a time when I could have justified the price given what bitcoin was presenting; not that the space is saturated, i can't really see myself a reason that bitcoin should be on top, save age, and level of adoption.

and that we are riding trust, when we degrade it as a community (the forks) the price suffers accordingly (observe Wink )
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November 13, 2017, 11:27:11 PM
 #603

Bitcoin provides a lot of opportunities for all kinds of investors, young or old. It's also the oldest of the cryptocurrecies, so it would be make sense for it to be the most popular. It's also got quite a few useful perks, such as increased security of your personal data, if you care about that.

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November 14, 2017, 02:08:56 PM
 #604

Even before the development of bitcoin some type of digital transactions were taking place, but none of them gained this type of recognition as bitcoin. This really is all because of the distributing that happened with no marketing via media or any other platforms. Second is the development it's achieved in a very smaller period of time.
In my opinion all it is due to the fact that it is simple and easy to be used and providing more chances to be rich in very short time, it saves time and make us able to earn some extra with our regular job and those who are deprived of a regular job it is letting them to meet their financial needs easily and make their living standard good. All these are reasons for its popularity
Akash1243
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November 14, 2017, 02:20:03 PM
 #605

As bitcoins were the first crypto currency ever so they have a great foundation in the market.Bitcoins are quite simple and easy to understand and to earn profits from it.Bitcoin is the father of all crypto currencies and making investment is more profitable than other coins if bought at right time and price.And bitcoins has gained many people's trust and it is the most popular coin so that's why i think that bitcoin is the best coin.
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November 14, 2017, 02:22:18 PM
 #606

Bitcoin is the most popular because it was the first published in all crypto, that is why it is the most popular, there are no altcoins when bitcoin is not discovered, bitcoin is the mother of all coin
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November 14, 2017, 03:28:47 PM
 #607

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 coin most valauable and trusted coin on cryptopia currency.Now International company provide there service payment bitcoin like as microsoft.Bitcoin is only one can that You can buy altcoin use bitcoin.
Lonthe
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November 14, 2017, 03:53:49 PM
 #608

Everyone knows only bitcoin, just like me, initially did not know that besides bitcoin there were hundreds of coins, the thing that makes it easy for everyone to know bitcoin is because of the first bitcoin.

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Cremeboy
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November 14, 2017, 03:56:07 PM
 #609

Well because it showed other cryptocurrencies the way basically. Moreover it's the most known and used cryptocurrency worldwide
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November 14, 2017, 04:02:46 PM
 #610

bitcoin is the more valuable than other crypto currencies. the growing rate of bitcoin is quick than others. the process to earn it is very easy than other. so that is why it is most popular.

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November 14, 2017, 04:24:19 PM
 #611

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 it serves as the vanguard and pioneer among other cryptocurrencies, Bitcoin was the first to establish credibility and availability in the internet ever since online transaction and mode of payments via online changes . Now that bitcoin even manage to gains such high value then it would just be normal for it to be more and more popular as time goes by and as investors and enthusiast increases.

vinceB
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November 14, 2017, 04:24:59 PM
 #612

cause he was the highest?
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November 14, 2017, 04:26:51 PM
 #613

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 crypto currency because it is the highest cryptocurrency in terms of value. It is very profitable and it is a good long-term investment. A lot of people were able to gain a lot of income because of bitcoin. Bitcoin is becoming popular because a lot of people were able to change their lives because of it. Even other countries and even popular businessmen are starting to invest bitcoin.

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November 14, 2017, 04:28:49 PM
 #614

because hes the one the highest coin ?
awawo
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November 14, 2017, 04:34:47 PM
 #615

To me bitcoin is the only cryptocurrency every other cryptocurrency is just a duplicate of the nature of bitcoin and can never be as bitcoin. And the value of bitcoin is way ahead of every other cryptocurrency in the digital currency world.
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November 14, 2017, 04:35:30 PM
 #616

Maybe because it's one of the pioneer of cryptocurrency. Bitcoin became a basis of other cryptocurrency which is really helping others to grow their alternative tokens. I guess one of the reason bitcoin is popular is because of the versatility that bitcoin has given us to earn it. Bitcoin is also very popular because the number of users are still increasing and i guess the developers of bitcoin are still keeping the users in control on the price of bitcoin which is very good.
cryptonoob312
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November 14, 2017, 04:35:38 PM
 #617

Because it was he first one as I know. Also because it costs a lot.
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November 14, 2017, 04:39:38 PM
 #618

Because bitcoin has the highest value of them all and bitcoin is already advertised in television, newspapers, radios and social medias.because bitcoin price is surprisingly high thats its famous.
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November 14, 2017, 04:44:08 PM
 #619

I think Bitcoin has been growing in popularity since it began, but we first saw mainstream interest in 2013...then interest waned in the wake of the Mt. Gox disaster. Since then, I think the platform and tooling has matured. You've got exchanges like Coinbase that have developed methods of securely storing Bitcoin and have at the same time made it easy for the average person to link to their bank accounts.
dmamigo
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November 14, 2017, 06:12:23 PM
 #620

Maybe because it's one of the pioneer of cryptocurrency. Bitcoin became a basis of other cryptocurrency which is really helping others to grow their alternative tokens. I guess one of the reason bitcoin is popular is because of the versatility that bitcoin has given us to earn it. Bitcoin is also very popular because the number of users are still increasing and i guess the developers of bitcoin are still keeping the users in control on the price of bitcoin which is very good.

Yes, being a pioneer cryptocurrency it is considered as a primary one. Mostly all the ICO and tokens have the option to invest using Bitcoins, making it one of a primary need to invest in altcoins or ICOs. Recently the news, governments, large analysts or investors are talking all about Bitcoin because its rapid growth and giving it more popularity as more people are coming forward to use it.
Ofcourse another reason I personally find important is the increasing usability in the online market for buying services and goods.

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