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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20631 times)
longpro098
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November 15, 2017, 04:07:29 PM
 #661

Because bitcoin is the most paid currency in crypto and it is the oldest currency. Now, no one can beat bitcoin anymore
Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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November 15, 2017, 04:17:06 PM
 #662

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 cryptocurrency because there are many people saying it is the strongest currency among others. Whatever coin you are holding now, bitcoin is the last destination of it. I mean bitcoin is the last currency when you are going to trade different coins you have. Bitcoin cannot replace other currency.
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November 15, 2017, 04:30:49 PM
 #663

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 said it in your first sentence dude. Bitcoin has that ultimate first mover advantage. Now it isnt always first mover that ones but the one that gains popularity. I believe a company before google started search engines but

they werent as popular and as a result didnt take the cake. It is clear that bitcoin took the cake and is that #1 coin suffice to say it was because they were first that they reign supreme atm.
I think the reason why bitcoin is the most popular cryptocurrency is because it is the foundation and pioneer among all the coins and besides due to its popularity then it was gaining more advantage in terms of its monetary value and security, and almost making millions of people around the world that are recognizing it and making bitcoin as their choice of virtual coins.
There are many reason why bitcoin is the most popular cryptocurrency, i'll give 3 reasons why because of is not controlled by authority. Its easy to set up no questions are asked or no fees are taken. And because of its anonymity, users can hold multiple bitcoin addresses, and they aren’t linked to names, addresses, or other personally identifying information. And many more to mention.

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emezh10
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November 15, 2017, 04:36:19 PM
 #664

I think that all crypto currencies are the only way to unite people by a common idea. Bitcoin was the first crypto currency so it is more popular. If we do not see the constant evolution of coins and it will be a bubble. If this happens then all crypto will crash.
It is true that people mostly depends on bitcoin in terms of transaction if we are going to talk about crypto-currency transactions. And in fact bitcoin is the first ever crypto-currency in which they settled a name and a price in the market. And if are going to look Bitcoin history way back then until now, we could actually see the big development bitcoin become broguth buy the growth of techbolgy and the support of people who continuously using Bitcoin in transaction and for their investment and tradings.
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November 15, 2017, 04:40:04 PM
 #665

I think it is because of its value that is rapidly increased when the time passed. Many investors are investing their money to the bitcoin because they say that bitcoin investment is the best investment so far. There are many characteristics of bitcoin that can be the reason for the bitcoin to become the most popular cryptocurrency.

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November 15, 2017, 04:42:25 PM
 #666

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 answer is simple. It is because it is the first cryptocurrency ever known. Again over time, it has shown resilience over against different attacks and maintained some stability for a long time.

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November 15, 2017, 05:03:47 PM
 #667

bitcoin dominates all coins because of the first bitcoin, and is probably the best.
I think not only dogecoins, there are many other coins that are reputable, and not scam.
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November 15, 2017, 05:05:41 PM
 #668

Simply because blockchain technology was invented to make Bitcoin then the technology started to be used for other tasks.
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November 15, 2017, 05:13:38 PM
 #669

maybe there are so many questions like this, you can ask yourself why are you interested with bitcoin? and that's the answer.
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November 15, 2017, 05:48:09 PM
 #670

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?

The number one reason I could think about is because of its very high value that almost everyone wants to get some of it. Aside from that bitcoin was the first cryptocurrency to establish credibility which I think is a very good strength when it comes to prospect investors.

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November 15, 2017, 08:59:53 PM
 #671

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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November 15, 2017, 09:03:29 PM
 #672

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’s A large portion critical characteristic, and the thing that makes it diverse to fiat/conventional money, may be that it is decentralized. No single institutional controls the bitcoin system. This puts a portion for people In ease, by all means it implies that an extensive bank can’t control their cash , thats why bitcoin is unique and popular cryptocurrency.

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November 15, 2017, 09:57:37 PM
 #673

I think bitcoin is popular ut is because it can help people on their finance and its true , honest on the user not like other thats always think money to the point that they use scamming.
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November 15, 2017, 10:21:13 PM
 #674

Because bitcoin was the first digital currency which really makes the concept of a functional descentralized money be a reality, and the gateways of payment before this its wasnt very secure to use, and the popularity of the btc only grows before this. And if you search for cryptocurrencys today in the browser, you will not find monero or dash, you only will find bitcoin.
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November 15, 2017, 10:25:41 PM
 #675

I agree. Bitcoin was only the digital currency got the more higher value and those who invest here, had been successful.
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November 15, 2017, 10:29:02 PM
 #676

Bitcoin is the most popular cryptocurrency because it is the one who has started all this technology and made possible for other project to be integrated in real life projects.
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November 15, 2017, 10:44:25 PM
 #677

Bitcoin is the most popular cryptocurrency because bitcoin is very easy to used and you can do watever you want in bitcoin like investment, paying bills, and may other things. those who invest in bitcoin had been successful. bitcoin is the most secured altcoins and bitcoin has the higher value
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November 15, 2017, 11:09:02 PM
 #678

Because bitcoin was the first cryptocurrency. Bitcoin is mother of all cryptocurrency. Altcoins price depends of bitcoin so bitcoin never will die :-)
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November 15, 2017, 11:25:36 PM
 #679

We all know that bitcoin is the first cryptocurrency, after bitcoin there is altcoin ie DOGE, DASH and so on. Because being the first is certainly easier for anyone to know bitcoin, in addition, the number of wallet providers such as blockchain, xapo, coinbase and so on also help bitcoin increasingly popular.
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November 15, 2017, 11:26:22 PM
 #680

Bitcoin is very popular. All the eyes of the investors are keep on focusing at bitcoin simply because bitcoin is the main and first crypto currency that enables everyone to earn.

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