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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20631 times)
drwhobox
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November 10, 2017, 08:22:58 AM
 #561

Easy, well, Bitcoin is one of the pioneers when it comes to Cryptocurrency on the whole market and what makes Bitcoin a hit untill now is no one is holding or managing the whole thing. Untill now the Bitcoin core is still on experiment  Core: 0.15.0.1 * 8 years running but, still on experimental stage of it unlike the other cryptoes on the market they are just really greedy when it comes to money.
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November 10, 2017, 08:25:13 AM
 #562

Bitcoin is the first, so he has all the laurels. He made a big bet. This is a full-fledged financial instrument.
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November 10, 2017, 09:18:45 AM
 #563

Of course bitcoin is the most popular cryptocurrency because bitcoin is the first in the history and the most popular in the world of crypto currency.
Also, the appearance of bitcoin caused the rapid development of the crypto-currency market and the regular appearance of a variety of digital assets.
The bitcoins is the most well-known digital money ever on the grounds that the billions of individuals are putting their cash in the bitcoins just due to the quickly expanding costs of the bitcoins and furthermore its high security the bitcoins is the most secure and easiest approach to win cash in slightest time and minimum endeavors that is the reason the bitcoins is so famous on the off chance that you need to be a tycoon than you ought to likewise join the universe of bitcoins.


Bitcoin is the most popular cryptocurrency because it is digital online job that created and held electronically. No one controls it. The reason why it is the most popular because it is decentralize in nature, the bitcoin network isn't controlled by central authority, Bitcoin is easy to set up compared to other traditional bank, bitcoin can be set up even in minutes or seconds with no questions asked and fees taken, Users can hold multiple bitcoin addresses, and they aren’t linked to names, addresses, or other personally identifying information,through transparency to in which bitcoin stores details of every single transaction that ever happened in the network in a huge version of a general ledger, called the blockchain. Still there are ways people can make it more opaque on Bitcoin network not using the same bitcoin addresses consistently, and not transferring lots of bitcoin to a single address. The most important part is Bitcoin transaction fees are maniscule in which International transfers cost decent sum of money, but Bitcoin doesn’t. Other reason is Bitcoin is fast that we can send money anywhere within just a minute if the bitcoin network processes the payment, and because of bitcoin people were educated in this kind of transaction and the last reason is called Hedge against risk: As the currency value is constantly degrading and people are facing challenges to keep up with this volatile economy, more often they are finding it as a hedge / security against the currency devaluation.Most experts have pointed towards fears in China and Asia that the yuan could depreciate as reasons for increased investment in bitcoin. Thats why bitcoin is the most popular cryptocurrency
preditor422
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November 10, 2017, 10:09:51 AM
 #564

Simple reason for popularity of bitcoin is it has more user than any other cryptocurrency and it is more safe and stable than others.
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November 10, 2017, 10:11:41 AM
 #565

The value is very attractive and if you only know how much is the value of bitcoins before back in 2012 then you will notice that it really grow faster, So we are just holding our coins and hoping for a higher value in the future.
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November 10, 2017, 01:59:41 PM
 #566

probably because the bitcoin was the first coin of cryptocurrency known to many people from the beginning of the appearance of bitcoin and its fine technology
making it the ultimate coin in the crypto world
Redanim
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November 10, 2017, 02:13:53 PM
 #567

Because bitcoin working already 9 years, and bitcoin increasing its superiority over other cryptocurrencies. Any person will want investing his money in something that already has big and good reputation. Do not forget about bitcoin course, it's the fastest way to raise money, thats why bitcoin attracts considerable number of investors.
DoublerHunter
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November 10, 2017, 03:39:41 PM
 #568

probably because the bitcoin was the first coin of cryptocurrency known to many people from the beginning of the appearance of bitcoin and its fine technology
making it the ultimate coin in the crypto world
Is it because the technology of bitcoin is perfect as a role model for the possible ideas of the people in the world who can create and help the world to become better. With the technology of bitcoin it can make new things that will make the impossible into possible like easier way of transaction and payment system and many more. With the technology, we can achieve anything for sure.
Sihab76
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November 10, 2017, 03:46:05 PM
 #569

According to me the bitcoin being the most trusted digital currency as it is adopted by many nations and other coins are a just scam or the game of few days.
Wow right at all.  Bitcoin is very popular and interesting way of income and trusted currency . It surve many nation and many country,  if many countries allow Bitcoin is globally it would be the number 1 currency than bank system 
NovaNewbium
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November 10, 2017, 04:00:03 PM
 #570

Because it is the first and original one besides that it is very wanted a lot of people want it that counts too the price is very high that is one of those and people made a lot of profit out of it that is also why it is very popular among all of us.
Stavrido
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November 10, 2017, 04:30:58 PM
Last edit: November 12, 2017, 01:57:52 PM by Stavrido
 #571

The second coin, I would call the ETH, he shows a steady growth and now about $ 300. On its basis there are several wallets including myetherwallet, which is very popular among people of this environment

hajimasan
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November 11, 2017, 09:11:03 AM
 #572

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?
This is the truth that the owner of the new coins that are launching are much greedy , Because I also seen many times that 2-3 coins that launched in two to three months interval and get died soon , when I researched about them to make sure that whether they became alive or not , then I found that the owner of those coins are single person . So here we can understand that they launched Thier coin every time and then make money at the starting and run away from the market and then they look towards to make new coin again .
So here it is totally a stupid things happening , but here we are with the bitcoin that is giving much profit and also it's value going rise day by day , Because the demand of he coin increasing Because people have full trust with this coin then any another Coin .
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November 11, 2017, 09:17:26 AM
 #573

Bitocin is the most popular cryptocurrency because even before the drastic development of technology, bitcoin is already popular, although there is no proof of the value of bitcoin before. So, now that the bitcoin is organized, then it is the most believable and most improved cryptocurrency.

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shesheboy
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November 11, 2017, 09:20:30 AM
 #574

The only other coin I can think of that isn't a scam are dogecoins!
most people are keep saying that dogecoin is a shitcoin and scam coin because of its huge market cap though there were still people are keep on investing on it thinking that dogecoin can still pump on the future. though i think thats impossible to happen people are always dumping it because its easy to get dogecoin nowadays but dogecoin still one of the popular coins just like bitcoin.
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November 11, 2017, 09:31:56 AM
 #575

bitcoin become popular among all the coin due to increasing demand for the coin. not only among cryptocurrency but also among all other ecurrencies. the growing demand is attributed to its increasing popularity. people make millions of transaction daily using the coin and many service provider now accept bitcoin and a means of payment. i look forward to bitcoin displacing some other common ecurrencies like paypal as the demand continue to grow.
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November 11, 2017, 09:34:00 AM
 #576

Because from a technical point of view or social point of view, Bitcoin is the future Smiley
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November 11, 2017, 09:34:18 AM
 #577

Because bitcoin is the first digital currency so the first in the know by the public is bitcoin and make bitcoin in demand by many users. Because more bitcoin users will raise the price of bitcoin and make more and more people want to have it because it is considered as a good investment tool as well as modern transaction tool and greatly facilitate the transaction.
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November 11, 2017, 02:24:21 PM
 #578

Bitcoin is most popular cryptocurrency because it was mother of cryptocurrency or the first cryptocurrency ever made, Thanks to Satoshi Nakamoto. Also some coin just copying the algorithm, etc or just develop what's already in the bitcoin and make his own coin. But some cryptocurrency actually have really good features which is bitcoin don't have.
Bitcoin is popular because of the fact that it is having the highest market value nowadays and is obviously the oldest in the world of cryptocurrencies. Along with these facts it is highly profitable and easy to use. The price is a subject to volatility and thus can change with a remarkable difference within few days depending upon the rate of use by its consumers. These are some of the facts that add up to being the best among all.
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November 11, 2017, 02:28:40 PM
 #579

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?
We all know that bitcoin is the first and the father of all cryptocurrency so that I think it is the reason why it is more popular in other coins. Furthermore, as of now bitcoin is on high demand on market and the price become expensive so that it is the main reason why it is popular.
kieokiet
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November 11, 2017, 02:29:01 PM
 #580

very simple. because it is not owned by anyone. No one can change it. If it is owned by another person, it will not be popular anymore. All other coin owners. Cool Cool Cool
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