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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20626 times)
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July 10, 2017, 09:10:29 PM
 #101

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
Yes the main reason can be that the users of bitcoin are more than any other crypto currency and still its community is increasing. which is making bitcoin more popular. even in far future I do not think that there can be any other currency which can compete with bitcoin. bitcoin will remain as number crypto currency and is even now becoming popular in real world. in some places people are using it as fiat currency even in their local shops for shopping.
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July 10, 2017, 09:12:28 PM
 #102

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 has a high price in the market so ofcourse people will use or invest in bitcoin if it is sky rocketing to a high price and also it is the first crptocurrency that is made so i guess bitcoin is already a thing and it is the first so other are just a copy of bitcoin.
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July 10, 2017, 09:16:01 PM
 #103

it's the most trusted , we saw many coins come and go so it's hard to trust a cryptocurrency
but since bitcoin has always been the first in market that's why it's so popular imo and that's why most fiat sites that accept crypto accept mainly bitcoin


other coins technology is now better , but you can't trust all the coins
Yeah i guess too i think bitcoin was a trusted coin the most the msrket i guess it is the most trusted in all of them because it is thea first of all of them and people already trusted the bitcoin for there investmentis other cryptocurrency cannot be trusted for a price increase.
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July 10, 2017, 09:29:57 PM
 #104

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

It can overcome bitcoin in terms of trading volume but bitcoin is still going to be the most popular crypto currency. People/traders are just jumping from one coin to another if they can see that they will have good time to get some decent profit there. And that's why the market is slowly moving backwards and after a couple of days it's becoming green.



 

 

 

 

 

 


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July 10, 2017, 10:04:15 PM
 #105

because it is the most valuable cryptocurrency at the moment, other countries see its potential that's why they accepted bitcoin as a cryptocurrency.
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July 10, 2017, 10:10:47 PM
 #106

because it is the most valuable cryptocurrency at the moment, other countries see its potential that's why they accepted bitcoin as a cryptocurrency.

That is right, no other digital currency are more valuable than bitcoin. And also, bitcoin is so easy to earn so many people are making their way to earn and save them then sell it in the good time for a good profit.
I do the same, I save some for future use like investing in some ICOs and some things I want to buy. But what I like the most is that it can also increase it's price even if you just store it in your wallet.
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July 10, 2017, 10:50:32 PM
 #107

it's the most trusted , we saw many coins come and go so it's hard to trust a cryptocurrency
but since bitcoin has always been the first in market that's why it's so popular imo and that's why most fiat sites that accept crypto accept mainly bitcoin


other coins technology is now better , but you can't trust all the coins
Yeah i guess too i think bitcoin was a trusted coin the most the msrket i guess it is the most trusted in all of them because it is thea first of all of them and people already trusted the bitcoin for there investmentis other cryptocurrency cannot be trusted for a price increase.
that was the thing makes bitcoin irreplaceable, trustworthy. it's been grow so fast and couldn't easily get replaced by other coins with its community. the concept also far better than any other altcoin , bitcoin stand no matter issue faced in the last 8 years it's even getting bigger and better.

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July 10, 2017, 11:48:55 PM
 #108

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

Actually, in terms of trading volume, Ether did overtake Bitcoin a couple of months back. So some days Ether has more trading volume, some days Bitcoin has more trading volume. In terms of market cap, it will take some time.

http://www.trustnodes.com/2017/05/30/ethereums-trading-volumes-surpass-bitcoins-first-time


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July 11, 2017, 12:21:39 AM
 #109

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 don't think so. Not most of altcoins are scam. As long as it's still alive in the market and there are volume of tradera, it can't be considered as scam. Well bitcoin become more popular than other coin not because ot was the first one who created bt because it's the only currency that is exchangable for fiat money.

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July 11, 2017, 12:35:09 AM
 #110

First Mover Advantage!

No other interesting coins around for a number of years.

The Mystery of Satoshi Nakamoto!

The story about that guy spending thousands of bitcoins for a pizza!

The wild swings in price attract attention.

Silk road and the whooo scaaaaary associations! Haha

The promise of bypassing banks, paypal, western union and the establishment for the first time!

The fragility of fiat currencies, and too much debt got many into it.

The limited amount of bitcoins. scarcity.

This adds up to a LOT of interesting DRAMA!

Bitcoin is the least boring thing in the whole world!
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July 11, 2017, 07:51:33 AM
 #111

I do agree i i have been always supporting Dogecoin and will do i am collecting Dogecoin from long time .Even you can consider Litecoin and Ripple in a list  . Because its having existence from long . Litecoin now doing well in this bearish trend . I hpoe Ripple and dogecoin will find their place soon.
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July 11, 2017, 07:55:05 AM
 #112

Is the potential fork not worrying anyone?

Actually come to think of it, what's the best wallet to be using when 1st Aug comes?

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July 12, 2017, 01:31:14 AM
 #113

Is the potential fork not worrying anyone?
Actually come to think of it, what's the best wallet to be using when 1st Aug comes?

Whichever wallet you are using, the best approach is not to move your coins for a while.
Don't leave it on exchanges - they might recognize just one of the forks.
Be careful about replay attacks immediately after the fork.


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July 12, 2017, 01:49:14 AM
 #114

Bitcoin all started from scratch, from nil, from zero. All they've got was a great vision as well as ideas and principles from deep within. That fueled the first steps of bitcoin. Soon, after a few trusted the invention with all its peculiar features the world has not yet seen, it grew quite fast. The rest is history. Unlike so many other cryptos right now, bitcoin doesn't have a scammy past.

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July 12, 2017, 02:28:57 AM
 #115

Many AltCoins aren't scams... They are just projects that failed, but I believe the intention of their creators wasn't to scam the adopters, they want to make their coins increase its price, they want to see people adopting it, they put some different features on their coins which make them a bit different from Bitcoin, but people don't buy it... It's not their fault at all.

But I must agree there are many other AltCoins that are created with the solely purpose to scam investors.

About Bitcoin, you know why it's the most popular Crypto-Currency as you already said on your post. It was the first Crypto-Currency to be created and all the others that come later were somehow a clone of Bitcoin.

 
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July 12, 2017, 08:03:12 AM
 #116

Bitcoin has been a great opportunities for everyone that has come across it,who has become miner and has earned from it. Bitcoin has been the first and the head of all the cryptocurrency which has ever existed. The main of its popularity has to do with the coins I.e currency attached, this will ever popularize BTC
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July 13, 2017, 07:05:03 AM
 #117

Because all crypto currency depends on bitcoin.
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July 13, 2017, 07:27:05 AM
 #118

Because all crypto currency depends on bitcoin.

I think that other altcoins are also important for bitcoin success, many people are involved in trading this days. How many exchange sites there is now, more then ever before for sure. Except that bitcoin created many rich people, others found a nice source of income, hobby for earning money from home like a side job, in today's times having money is a need, and all of us are looking for good source on income, bitcoin can provide that for us and with so many possibilities here we are entertained and wr earn thats why bitcoin is most popular cryptocurrency. After so many years, this year we saw legalization of bitcoin in several countries, that is one more reason why bitcoin is popular, everyone is talking about bitcoin.



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Rainbot
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July 13, 2017, 11:33:53 AM
 #119

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 popular not only since it is pioneer in crypto currency,but also its decentralized nature due to which it is still uncontrolled by any governments and since ot works on an unmatchable secured block chain system.
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July 13, 2017, 11:41:21 AM
 #120

bitcoin still popular mainly because first mover and natural growth.. alot of alts are just PnD controlled by a few of people especially POS coins
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