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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20708 times)
TomUyamot
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July 08, 2017, 07:35:24 AM
 #81

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?

Cryptocurrency started with no other than bitcoin so it has become almost at the same level. Bitcoin is the leader of all cryptos, everything else are mere followers.

I think you are wrong in your second statement that only dogecoin is not scam. It made me laugh even. You will eventually discover that it ain't so dude. Dogecoin is not even second to bitcoin.
BossMacko
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July 08, 2017, 07:58:10 AM
 #82

1 reason why Bitcoin is the most popular cryptocurrency because Bitcoin is the first digital asset that was created, it proved itself due the course of time and now it is in 2000$+ , when it was new in the internet the price of this is only cents but because of people who trusted Bitcoin and invested a lot with it, the price change through the time the longer it stay alives the price become more high.
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July 08, 2017, 09:57:15 AM
 #83

It's very simple why bitcoin is the most popular crypto currency. Everything that is starting something unique and has the originality will always be popular. All of the alt coins came from the same idea from bitcoin but some of them are reinventing blockchain technology and upgrading bitcoin.

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July 08, 2017, 10:29:57 AM
 #84

First of all, because it was the one who made the category of "cryptocurrency" and is maintaining in the heads of the flock, offering better over all functionality and security than newer (innovative) but more liable in security like Ethereum.
Beside, more than 90% of the media coverage is directed towards it, because of this popularity, and hence it gains even more popularity and the cycle continue giving it a new crowd of active users.
Tungsten-1
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July 08, 2017, 07:16:29 PM
 #85

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?
So Bitcoin is the most popular crypto currency just because it was the first e-currency to be made and now on, other currencies are being made by the idea of Bitcoin. Not every other Altcoins are scam, some of them are really mean to replace money in the future, mean to be used by everyone.
i think it is the most popular currency because bitcoin is providing opportunities to the people to make money from bitcoin through trading and investment. do not think that there is any other currency which is providing you such opportunity.
Yes most of the people making money from bitcoin through trading and investing, so bitcoin is very popular in other cryptocurrency, and day by day its popularity goes to very increasing and many people know about its opportunity which bitcoin provide for earning
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July 08, 2017, 08:02:07 PM
 #86

1 reason why Bitcoin is the most popular cryptocurrency because Bitcoin is the first digital asset that was created, it proved itself due the course of time and now it is in 2000$+ , when it was new in the internet the price of this is only cents but because of people who trusted Bitcoin and invested a lot with it, the price change through the time the longer it stay alives the price become more high.
Even now there is high chance of the rising of the price of bitcoin as most of the people say that bitcoin is like the internet of 1990's. So still its not too late to get in te line of te potential gains by bitcoin.

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July 09, 2017, 12:03:58 AM
 #87

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 bitcoin is the original cryptocurrency and the one who started all of digital currency. Bitcoin has the biggest market cap around 10billion dollars and it is overflowing below other cryptocurrency. Even today bitcoin is the most valuable cryptocurrency on the market. Bitcoin is the one who rules other currency because even now the value of btc is rising above the sky.

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dynospytan
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July 09, 2017, 12:51:00 AM
 #88

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 the reason why Bitcoin is popular is because of its high value and it is easy to earn. Those people who just started Bitcoin was paid by just posting on a certain topic that related on Bitcoin. It is easy to learn and easy to earn money and they do not need to put  a lot of effort to earn in.
Gabrieelle
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July 09, 2017, 01:21:21 AM
 #89

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 for me bitcoin is where it all started because bitcoin has been there already for years. It had already gained the trust of many users that is why its value went up for over the years.
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July 09, 2017, 03:41:44 PM
 #90

Bitcoin is become as the world's popular crypto currency as of its advantages, such as easy transactions, decentralized system, track the exchange rates, long-term investment, as well.
Very well said, it is decentralized which means it cannot be controlled by the central banks. And it is also the first ever cryptocurrency invented. Pretty easy to use and less hassle for us users that always tend to transact money.
yeah time is its ally, there are many other reasons too that made bit coin the most popular crypto currency. Good marketing and advertising, then they started with very low rates so everyone bought shit loads of bitcoins and last but not the least it provided services that made things easier for people and they invested in it.

celested
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July 09, 2017, 03:50:10 PM
 #91

Bitcoin is become as the world's popular crypto currency as of its advantages, such as easy transactions, decentralized system, track the exchange rates, long-term investment, as well.
Very well said, it is decentralized which means it cannot be controlled by the central banks. And it is also the first ever cryptocurrency invented. Pretty easy to use and less hassle for us users that always tend to transact money.
yeah time is its ally, there are many other reasons too that made bit coin the most popular crypto currency. Good marketing and advertising, then they started with very low rates so everyone bought shit loads of bitcoins and last but not the least it provided services that made things easier for people and they invested in it.

I do not think bitcoin decentralization is good, this will generate the allocation level in bitcoin users, it becomes distinct, and it becomes a bad thing. I think bitcoin needs freedom.
BarbieCasino
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July 10, 2017, 02:25:20 PM
 #92

It is all about the price. Bitcoin is one of the most expensive cryptocurrency in the market and it is the top 1 from the ranking of all cryptocurrency and because of that place in ranking, it is very easy for other people to notice bitcoin and they can easily get information about bitcoin because it is the very first cryptocurrency so i think the major reasons for its popularity is: Price,Rank,Easy information.
you are right in your point that bitcoin is very popular and most wanted currency now and it’s all happening just because of the price of the bitcoin that keep increasing every day and going up each and every day. In my country bitcoin has become so famous because of low transaction fees.

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July 10, 2017, 02:48:10 PM
 #93

I agree with you, I think bitcoin became popular
because it is the first cryptocurrency. But not all
altcoins are scams Expanse coin is excluded with
this I guarantee you that this is not a scam coin.
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July 10, 2017, 03:20:02 PM
 #94

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, you are right. Bitcoin was the very first cryptocurrency ever made. And also it is the first ever decentralized form of currency to be introduced. It does not go through any financial institution. Which means that banks cannot control our money that is why people got interested in bitcoin. Which I think is the reason why bitcoin os really famous. And just like any other normal products in the market, people tend to imitate or make their own version of the product especially if they saw its potential and that they could earn from it a lot.

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Kimi80
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July 10, 2017, 03:25:37 PM
 #95

Nowadays people knows about bitcoin because of its value I think. It was the first crypto currency that was made but people does get inform through electronic media and newspapers and they could see that there is 'something' that is more expensive than gold. News like that does make attention. Nobody is taking about other crypto currency except us here and people who would like to make a profit in crypto world.
I know that some of the coins are scams but honestly I don't know much about that. I am still in bitcoin world for now.
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July 10, 2017, 03:27:09 PM
 #96

Because it is the first! Because it is the most valuable. Because it is the most legit! The original. The leader of them all. That's it!  

Bitcoin all the way!  Wink
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July 10, 2017, 03:36:46 PM
 #97

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. One of the reasons why is it's the most popular is because it is the first ever cryptocurrency. Also because it took time before altcoins emerged, that's why for a long time Bitcoin has the spotlight, getting all the media attention. But it's slowly changing now as altcoins are getting better and better.
I hope that nothing will replace bitcoin, bitcoin is always the number one for us. There may be a better investment, but bitcoin has grown a long way and has become popular with everyone because its value is always attractive to investors.
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July 10, 2017, 03:40:53 PM
 #98

I think because the price of btc is high, in the future the higher so that many devotees.
CMIIW
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July 10, 2017, 03:43:11 PM
 #99

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?
Simple because the bitcoin is the first cryptocurrrncy that been made so it become the most popular and the original digital currency in all over the world and obviously all of the other currency are just a copy and alternative in bitcoin but also theres a chance that altcoins become also a successful coin.
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July 10, 2017, 05:48:48 PM
 #100

Because it was the first, but soon Ethereum must overcome bitcoin in trading volume and capital market.

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