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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20631 times)
MMA
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July 06, 2017, 10:59:26 PM
 #21

I am sure the first thing that has made bitcoin popular is its value. The trend at which the value has stepped up over the years has made most newbies to start getting interested not just only in bitcoins but even other altcoins they can lay their hands on.
Secondly, bitcoin has been able to stand the test of time and I am sure it is gonna be unshakeable until we reach the moon. The recent adoption by most countries will definitely take it there.
Lastly, it remains the crypto king and the last time I checked kings are always popular in their world. It is the first and it ushered the way in for the birth of other cryptocurrencies, so there is no debate on why it shouldn't even be popular in the first place.
to me i think the interest and the investment of the people have made bitcoin more popular. people are interested to invest money in bitcoin for a long time which make people more confident  and they also start taking interest in bitcoin and therefore i think bitcoin s become more and more popular as time passed.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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July 06, 2017, 11:05:15 PM
 #22

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 of all the digital currencies because it is the first of them all. Without bitcoin, I don't think that there will be an emerging digital currency. Also, as the first and original digital currency,  it has the highest price of them all, so the tedency of the users are to be attracted to it because it has the most price.
yes that is very right that bitcoin s the first most crypto currency which is created mostly for only trading and shopping. i am sure that n future bitcoin will become more successful and will have very bright future. therefore if some one is interested to become part of this crypto currency then he should invest money here because very soon the price of bitcoin s going to increase too much and then it will out of reach of most of the people.
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July 06, 2017, 11:08:10 PM
 #23

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?
Of all the coins out there the only one you think isn't a scam is bitcoin and doge? Crazy! I think you're confusing a scam with simply being overvalued.

Also to answer the topic, it's because it was first on the scene. Plenty of other cryptos are technically "better" than Bitcoin, but they'll never make it, they're simply too late.
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July 06, 2017, 11:13:10 PM
 #24

If you think so, i think otherwise .. bitcoin is very popular among other coin coins. It's because of the number of bitcoin users who use the coin. They also use bitcoin to buy some altcoin for trading. I think if you think only bitcoin and dogecoin is not a scam while a coin is a scam .. that's wrong .. if opening a trading account in bitterx, crytopia or novaexchange. There are so many coin coins you can use for trading and can produce bitcoin. If you just focus on bitcoin and dogecoin only, you probably will not get much profit from trading. There are so many choices of coins you can choose such as ETH, litecoin, espers .. and many others to trade
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July 06, 2017, 11:13:32 PM
Last edit: July 11, 2017, 03:17:43 AM by stergium
 #25

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?
Of all the coins out there the only one you think isn't a scam is bitcoin and doge? Crazy! I think you're confusing a scam with simply being overvalued.

Also to answer the topic, it's because it was first on the scene. Plenty of other cryptos are technically "better" than Bitcoin, but they'll never make it, they're simply too late.
i think that may not be the reason, being second may not be the only reason , but i think bitcoin is more trusted than any other currency which is making bitcoin more popular and trusted. in fact the popularity of bitcoin is increasing continously which is introducing bitcoin in all over the world and therefore the popularity of bitcoin is increase day by day as compare to any other currecy, and hope that very soon bitcoin will be the  most popular currncy of the world.
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July 06, 2017, 11:16:37 PM
 #26

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 of all the digital currencies because it is the first of them all. Without bitcoin, I don't think that there will be an emerging digital currency. Also, as the first and original digital currency,  it has the highest price of them all, so the tedency of the users are to be attracted to it because it has the most price.
yes that is very right that bitcoin s the first most crypto currency which is created mostly for only trading and shopping. i am sure that n future bitcoin will become more successful and will have very bright future. therefore if some one is interested to become part of this crypto currency then he should invest money here because very soon the price of bitcoin s going to increase too much and then it will out of reach of most of the people.
It's not going to be out of reach, you can always buy a tiny fraction of a Bitcoin.
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July 06, 2017, 11:34:00 PM
 #27

Exactly, bitcoin is the most popular crypto currency, because it was the first crypto currency that exist and bitcoinhas been through a lot of things to survive, but there are still so many coin that is not a scam and has a great value, doge is not a scam but the value is keep on decreasing
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July 06, 2017, 11:49:59 PM
 #28

I believed why bitcoin is the most popular cryptocurrency because it is value by many people who agree to use it.


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July 06, 2017, 11:57:52 PM
 #29

I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made.
Being the PRIME cryptocurrency definitely makes it a popular choice as it has one of the biggest active communities compared to other cryptos

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?
Investors have learned the hard way with altcoin devs disappearing in thin air leaving us with their shitcoins and crashing our confidence to invest in other coins or projects.

I also believe bitcoin is a low risk investment atm that is why it's still popular
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July 07, 2017, 12:01:14 AM
 #30

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 I can agree to the fact that because it is the first cryptocurrency in the whole world. And it is the most safe and trusted coins among all coins. Because all of them are just scams and not legit.
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July 07, 2017, 12:21:19 AM
 #31

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?
you're right! bitcoin is the oldest crypto coins that's why it became the most popular
bitcoin is also the biggest in terms of the price, it values the most.
There's a lot of crypto coins right now and mostly of them are legitimate.

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July 07, 2017, 12:23:04 AM
 #32

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?
Yes, bitcoin is the first cryptocurrency created. So that the popularity of bitcoin is the largest, besides bitcoin also has a phenomenal blockchain technology. So this makes bitcoin has a wider market than any other cryptocurrency.
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July 07, 2017, 12:28:26 AM
 #33

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 that bitcoin is the most popular cryptocurrencies in the whole world, because it is the first coin that created in the world of digital coins. In addition, many people now use this crypto that other altcoins, and of course this is affect the potential of bitcoin and allow it to become more stronger. It's true that many people use other altcoins for differents pruposes, but the number one is bitcoin, which it's the best one when we talk about the price and potentiel.

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July 07, 2017, 12:41:07 AM
 #34

I think Bitcoin is going to be the most popular one due to the fact that it got to the market first, I know some are going to turn and say that other markets haven't been so keen on the first people in the market (thinking of IBM, Yahoo, AOL, etc and so on) but in the crypto world people are going to be very skeptical to be going into new markets. Bitcoin in itself is in insane thing to join in on, so you can't expect people to want to go anywhere else than a coin which is already insanely volatile -- other coins are even worse. I just hope Bitcoin innovates so we're going to be able to last.

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July 07, 2017, 01:13:11 AM
 #35

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?

It's obvious. Bitcoin is the first cryptocurrency that have ever existed, and altcoins are essentially all based off bitcoin to some degree. Bitcoin has the biggest amount of community members and supporters, as well as merchants that are able to accept it.

If you think about it, ethereum which is a close second to bitcoin has probably no real life vendors.

A lot of altcoins also are purely for the benefit of their founders, in the form of ICOs. A lot of people disagree with this sort of business model and they'd rather have something trustworthy and proven by time like bitcoin.
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July 07, 2017, 01:17:11 AM
 #36

I think Bitcoin is going to be the most popular one due to the fact that it got to the market first, I know some are going to turn and say that other markets haven't been so keen on the first people in the market (thinking of IBM, Yahoo, AOL, etc and so on) but in the crypto world people are going to be very skeptical to be going into new markets. Bitcoin in itself is in insane thing to join in on, so you can't expect people to want to go anywhere else than a coin which is already insanely volatile -- other coins are even worse. I just hope Bitcoin innovates so we're going to be able to last.
Yup, bitcoin have gotten the first mover advantage which makes it more popular. It is the first of its generation and has the most hashing power (infrastructure). Moreover, the number of retailers and businesses that accept Bitcoin transactions is risinge. This in turn will further increase the usage of Bitcoin amongst consumers, which will have a knock on effect when it comes to the value of this digital currency.  Infact all the other Cryptocurrencies are getting popular because of bitcoin. Bitcoin is generally the first cryptocurrency for every new user.
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July 07, 2017, 01:30:01 AM
 #37

Indeed it first but don't forget it is also hone of its kind when it was created. The blockchain technology and its complexity where out of thinking when it was created few years ago. No one thought about the decentralised transaction this way and this was the unique idea behind it. The end result was? Bitcoin became popular and topic of curiosity amongst the new and old generation. The word of mouth made it easier to evade through all the persons and countries with no barrier.
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July 07, 2017, 01:39:31 AM
 #38

One of the major reason for its popularity is the technology behind it. This has never been implemented in anything else before. It's just an experiment that gave success. But took little time to show it's potential, and now the technology is used in various sectors. Importantly bitcoin has got gained trust from users through the crossing of lots of hurdles it faced during the past years. If it was some other coin, it could have got vanished.

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July 07, 2017, 02:21:56 AM
 #39

One of the major reason for its popularity is the technology behind it. This has never been implemented in anything else before. It's just an experiment that gave success. But took little time to show it's potential, and now the technology is used in various sectors. Importantly bitcoin has got gained trust from users through the crossing of lots of hurdles it faced during the past years. If it was some other coin, it could have got vanished.

No doubt that Bitcoin has a awesome technology used compare to other alt coin, also good reputation the price are continue to rise and so many merchant are accepting Bitcoin as a payment that's why it still the one of the most stable client and the block chain.
Take note: Bitcoin was the first cryptocurrency
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July 07, 2017, 03:15:24 AM
 #40

I think because of the bitcoin is an idea first, all the things that first then it will be the size and source of reference for promotion, so that if there is new then the coin will continue to mention the bitcoin.


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