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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20631 times)
Nagrogflaz
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October 24, 2017, 10:36:06 PM
 #341

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 has long appeared and some countries are now starting to legalize it is one of the reasons bitcoin became the most popular cryptocurrency

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Faith Joy
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October 24, 2017, 10:38:54 PM
 #342

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 bitcoin is the most popular cryptocurrencies because bitcoin has already helped a lot of bitcoin. Bitcoin has become a super good source of income of many people. That is why many people are already using bitcoin in order to gain so much money. Bitcoin are already known and is already used my many people.
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October 24, 2017, 10:42:20 PM
 #343

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 best reason why the bitcoin is the most populae cryptocurrency is because it has many good quality than the other cryptocurrency. Many investors prefer to invest their to the bitcoin because of the characteristics and qualities that the bitcoin has.
To be honest, the best reason to make many people want to buy it is they want to make money through trading and its price fluctuation in the market.
Check again the price of Bitcoin in few weeks ago, you can see it just ~ $4,000 and even, it has dumped below $3,000 in a short time.
But the highest price of Bitcoin in this week is more than $6,000.
What do you think about this price Grin? Is it amazing?

That's something very special for someone who has bitcoin, at the current price, but this is just the beginning of the current bitcoin price increase at 6000$, we will not know for later in the year, surely there will be a surprise for bitcoin prices in the year ahead, maybe it will touch 8000$ or it could be 10.000$  Smiley Wink...
Yes..we cannot denie the fact that bitcoin is the most popular crypto currency in the world because it is the first ever made and the foundation of all coins, it is the pioneer  of all electronics money, and speaking of pioneer its security is high enough to make it down together with its high value maybe then that's what makes bitcoin as the superior of all cryptocoins.

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October 24, 2017, 10:46:48 PM
 #344

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?
Indeed. Since bitcoin was the very first cryptocurrency to be established, I think it is the main reason why bitcoin became more popular compared to other cryptocurrency or what do we call alternate cryptocurrencies. Also entering into the cryptocurrency world, you will first encounter bitcoin since it is the bitcoin forum so will be first to familiarize bitcoin and alternate coins are traded into bitcoin because bitcoin was widely use as a currency worldwide.

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October 24, 2017, 10:48:06 PM
 #345

yes surely bitcoin will replace gold in next 5-10 years
orions.belt19
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October 24, 2017, 10:58:06 PM
 #346

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?
Definitely it is because Bitcoin is profitable to its users and investors. The huge profit that a user is getting is what attracts the ither peope towards Bitcoin the most. Also, it is popular becsuse of its large market value compared to other coins. It already established reputaion in the market as the no.1 crypto which also makes it popular.

Other altcoins out there have been profitable as well. In fact, its been keeping up with bitcoin. However, bitcoin has been here far more longer and I believe that there are more bitcoin adopters and users. As the first crypto, its gained more popularity. Also, it has standed strong over the years. Bitcoin has been through a lot and it remained to be strong and increased in value tremendously over the years. This has mainly contributed to its popularity.
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October 24, 2017, 11:16:46 PM
 #347

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 thats true, bitcoin has been the first ever successful cryptocurrency in the world that continuously develop and being popular day by the day because of its price done by its own workers , the more the number of people work here the higher the amount bitcoin has been making. Bitcoin is the first ever successful ccryptocurrency because of its special feature that made people more possible to become profitable in short period of time.

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October 24, 2017, 11:23:32 PM
 #348

because bitcoin prices are so high in other coin appeals that many prefer the bitcoin and are considered the best bitcoin as an investment because of its huge increase. so if it is going to be an investment then bitcoin is suitable as the most lucrative investment tool and even if the bitcoin price drops usually only slightly in the amount of the increase.
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October 24, 2017, 11:23:47 PM
 #349

Bitcoin is the most popular of all the cryptocurrency since it is the one which started it all.  Bitcoin has been through a lot than any other cryptocurrency today.  Therefore the trust that people put into it is far more greater as compared to others.

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October 24, 2017, 11:24:34 PM
 #350

It is the first of its generation, has the most hashing power (infrastructure),
and people like the idea of Satoshi Nakamoto as the anonymous, mysterious figure behind it
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October 24, 2017, 11:49:37 PM
 #351

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, It made it famous because bitcoin was the first digital crypto currency. Aside from that, bitcoin also has a bigger value than the other altcoins. That's why there are many people who wanted to invest to bitcoin hoping that they will get profited in the near future.

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Squidoogeek
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October 25, 2017, 12:43:51 AM
 #352

Bitcoin is most popular because it's first. However, I could think of altcoins besides Dogecoin that aren't really scams although their creators may have profited, or if they were meant as a scam, they got out of their creators' control. (That's one reason decentralization is a good thing.) (Coinpayments includes some of the better altcoins.)
rube08
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October 25, 2017, 12:46:02 AM
 #353

Bitcoin is so popular because it is the first to go mainstream with everyone involved with cryptocurrency.  Dogecoin may not be a scam but it is a shitcoin in my opinion.  It does not substantially gain value over the course of its existence.
jude13
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October 25, 2017, 12:46:24 AM
 #354

Because it is the most well know currency that we can get in the internet and it will always be the number one among all, many people admires it therefore they love coins thats why it is the most popular.
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October 25, 2017, 12:57:00 AM
 #355

I tried to compare altcoin prices with very different bitcoins,
and why people always exchange altcoin with bitcoin at each end of the trade, all because of the most popular bitcoin..
Nerman
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October 25, 2017, 01:04:23 AM
 #356

Well bitcoin is the most popular because first it is the original crypto currency and became more bigger when government agencies try to look for the creator Satoshi Nakamoto and unable to find it, then news broke out. Second of course its price it just broke the $6,000 and most likely will stay on the top. Third bitcoin seems unhackable its now seven years but no one was abke to hack or create a fake bitcoin. You can also factor news, documentary  hyping abd bashing by famous people. I also watch z nation and bitcoin was mentioned as their money.
Shutup
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October 25, 2017, 01:47:15 AM
 #357

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 because bitcoin because bitcoin is very quick to rise up now their value and it is very expensive.Bitcoin has the capacity to make a person millionaire and gives income to those have no income.Bitcoin really works now because you can have a profit and earn very quick.
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October 25, 2017, 01:52:29 AM
 #358

When cryptocurency start and only for bitcoin support some time latter other coin add this crypto currency. Bitcoin is a world best coin and huge amount of people know about bitcoin within a short time as that way bitcoin is a most popular in crypto currency platform. With bitcoin crypto currency not run in a long time so bitcoin is a most part of trading.
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October 25, 2017, 01:53:31 AM
 #359

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?
Simply because the transaction volume is up to billions of dollars. Many investors care about and trade it that is the reason.
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October 25, 2017, 01:58:55 AM
 #360

It's the most popular and it has limited stock. But I see alts coming up like ethereum trying to beat it. It's going to be an interesting 5 years coming up
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