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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20639 times)
THAHIRHAJI
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October 15, 2017, 05:23:01 AM
 #221

The consistency of the rate of Bitcoin is very positive and attractive also having a proven track record of success so Bitcoin is the most popular crypto currency.

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October 15, 2017, 05:34:31 AM
 #222

What I notice about Bitcoin is Bitcoin is the most Popular cryptocurrency compare with other cryptocurrency due to the first in its innovative method. Bitcoin has given people to grow with financial support.

Lot of people doing Bitcoin as full time job and running their family and fulfilling the family requirement.

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farhan28
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October 15, 2017, 06:05:51 AM
 #223

I think bitcoin is the most popular cryptocurrency because it is first digital currency..The value is high & it is still rising day by day.Bitcoin has given people to grow with financial support.
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October 15, 2017, 06:14:00 AM
 #224

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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October 15, 2017, 06:38:33 AM
 #225

It is the first cryptocurrency and has the highest value among all cryptocurrency. Many people only know bitcoin and generalize that only bitcoin is the digital currency. Those who don't do further research about it would generalize something like that but for those who do, they know that it is just one of the thousand of crypto and the most popular because of its price, there are so many supporters from its community and deep pocket investors. Most of the businesses also who accept digital currencies only accept bitcoin.

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October 15, 2017, 07:39:03 AM
 #226

Bitcoin is the most popular crypto currency in the world for the simple reason that it appeared before others (in 2009), all other crypto-currencies appeared later and were created as an alternative to bitcoin.
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October 15, 2017, 08:24:16 AM
 #227

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 hasty generalization have lead the bitcoins to succeed among other crypto currency. When someone say something about digital money, they more likely think about bitcoins than with other cryptos. This increase in the popularity of the BTC reflected on it's demand thus, making the value grow exponentially. Most of the alt coins you thought that are scams are actually just similar projects that failed to hit the market.
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October 15, 2017, 08:31:52 AM
 #228

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 hasty generalization have lead the bitcoins to succeed among other crypto currency. When someone say something about digital money, they more likely think about bitcoins than with other cryptos. This increase in the popularity of the BTC reflected on it's demand thus, making the value grow exponentially. Most of the alt coins you thought that are scams are actually just similar projects that failed to hit the market.
it is popular because it helps us to have an extra income and gain a lot .i think it is popular now a days because many people had an interest on ot because of its good background and feedback to those who gain on it. Bitcoin is now a no.1 source of extra income because ypu can really do it in a  single vacant time.
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October 15, 2017, 08:34:47 AM
 #229

Why it is the most popular cryptocurrency? It is the most popular and most used cryptocurrency because it is the 1st and father of them all. Altcoins are interconnected and correlated to bitcoins. If BTC market goes up or down, it can affect all the altcoins in a good or bad way.
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October 15, 2017, 08:38:17 AM
 #230

I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made.
You answered your own question.
There's more to it, I think, since there are other altcoins which gained some popularity right after Bitcoin was first released.
The difference is that they still lack the infrastructure around them, they have almost no merchants accepting them outside of the crypto-sphere.

You could say that Bitcoin is slowly losing its dominance, especially when you look at the market cap of Bitcoin vs altcoins (ETH), but that has more to do with speculation than anything else imo.

I believe it is because of its value, when bitcoin started it no one even bothered to think of it as an investment opportunity but now everyone is getting hype of getting atleast 1 bitcoin which makes it very popular specially this year 2017.
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I think it's not just because the value of bitcoin but rather the volatility that make people want to take opportunity of making money from this. If it's about value, there's also some of altcoins that have price far above bitcoin but rarely known by people.

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October 15, 2017, 08:39:45 AM
 #231

Any thing first in the industry would be the top in the future and always.See Facebook and Microsoft. But Bitcoin was built with a good insights.

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October 15, 2017, 08:39:55 AM
 #232

What I read is Bitcoin is founder of cryptocurrency so it is most popular cryptocurrency. since it started the rate performance is very attractive and its performance is bullish so it is most popular and before.
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October 15, 2017, 09:12:48 AM
 #233

Bitcoin has the advantage of being the first, as some have pointed out. Cryptocurrency is still a ways from being mainstream, but people are starting to recognize the bitcoin name/brand, even if they dont quite understand the technology and its use yet

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October 15, 2017, 09:16:29 AM
 #234

Bitcoin is the most popular of the cryptocurrencies because it came first and so he has a head start. Other cryptocurrencies it is only imitation of the original. Constantly on the cryptocurrency market appearing and disappearing coins. While bitcoin has always. This is its value.
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October 15, 2017, 09:16:56 AM
 #235

Bitcoin is now the most popular, because that this is the very first crypto currency that has already won trust and helped earn many users.

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October 15, 2017, 09:25:00 AM
 #236

Because bitcoin is the first currency that gives freedom of transactions, privacy security and provides economic benefits and practicality. Bitcoin is also more reliable than other digital currencies.
Rishabh riyz
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October 15, 2017, 11:21:07 AM
 #237

Bitcoins is most popular among all the crypto currencies mainly because of the outrageous value .
It's value keeps fluctuating in short term but in long term it is always increasing ( well till now it indeed is increasing ) , which attracts investors to invest in BTC .
BTC is like head of all other cryptos because people buy other crypto currencies using btc .
BTC is the first crypto to reach the $5k mark.

Why it is the most popular cryptocurrency? It is the most popular and most used cryptocurrency because it is the 1st and father of them all. Altcoins are interconnected and correlated to bitcoins. If BTC market goes up or down, it can affect all the altcoins in a good or bad way.

We cannot say that if BTC goes down the other crypto's will also go down,we have seen many crypto's falling down like DOGECOINS, spacebit , paycoins etc:- but we never saw any of them going down with other alt coin.
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October 15, 2017, 01:55:49 PM
 #238

Bitcoins is most popular among all the crypto currencies mainly because of the outrageous value .
It's value keeps fluctuating in short term but in long term it is always increasing ( well till now it indeed is increasing ) , which attracts investors to invest in BTC .
BTC is like head of all other cryptos because people buy other crypto currencies using btc .
BTC is the first crypto to reach the $5k mark.

Why it is the most popular cryptocurrency? It is the most popular and most used cryptocurrency because it is the 1st and father of them all. Altcoins are interconnected and correlated to bitcoins. If BTC market goes up or down, it can affect all the altcoins in a good or bad way.

We cannot say that if BTC goes down the other crypto's will also go down,we have seen many crypto's falling down like DOGECOINS, spacebit , paycoins etc:- but we never saw any of them going down with other alt coin.


Bitcoin absolutely popular of all cryptocurrency because you can see the difference of exchange rate that makes you wonder how it was deep gap comparing to other coin. When you go to the coin marketcap you see the different ICO value and you will amazed how being dominant the bitcoin king of ICO.
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October 15, 2017, 03:04:16 PM
 #239

Bitcoin is the most popular cryptocurrency because it has an immutable public ledger and a scarce limited amount. It also has by far the best developers working on it at all times.

 
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October 15, 2017, 03:28:22 PM
 #240

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 guess this question is not necessary we already know that bitcoin is the most popular but why? I guess the only reason is because it is the original and it is the first or in short the origin of all of this cryptocurrency we already know that bitcoin is the first cryptocurrency so probably no doubt about it it is the first one to become successful in some ways that why it has cost a lot in all of time and the number one because basically the other are just alternative token or in short just a copy of bitcoin.
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