Why is bitcoin the most popular cryptocurrency?

[Amanda Krause]

To my mind, Bitcoin is so popular because it's known to be the first successful digital cryptocurrency. Actually, it's the most popular cryptocurrency now. What is more, there are lots of advantages of Bitcoin, for instance, its price (increasing), the potential and of course the opportunity to get a great income.

[nano77]

because its value continues to rise rapidly and always grows making bitcoin is the most expensive and most profitable coin

[patchot]

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people by using some complex algorithm which is called Mining Bitcoin.

Bitcoins have ushed the era of next financial revolution as a form of Cryptocurrency.

Bitcoin’s most important characteristic, and the thing that makes it different to conventional money, is that it is decentralized. No single institution controls the bitcoin network. This puts some people at ease, because it means that a large bank can’t control their money.

[Glydel1999]

Because it has the highest value compared to the others.

[RKSummer]

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?

Actually you'd be surprised at the number of people thinking that altcoins are superior to bitcoin.

However as you said, the majority still prefer bitcoin as their day to day cryptocurrency and their go to place to store their wealth. I think that the main reason is bitcoin is the first cryptocurrency, and the longest lasting.

Another reason is that altcoins have proven to die off over time. For instance, Namecoin was the first altcoin but now nobody uses it. It used to have a lot of hype as well. Litecoin was ASIC resistant but that wore off over time somewhat, so now its popularity is not even half of Ethereum's. Based on this we can safely deduce that Ethereum and other altcoins will probably be replaced by new altcoins in 4-5 years time.

The fact is that you can always have better lines of code based on the previous coin, but you can't write the reputation of a coin on lines of code. And bitcoin has a lot of reputation for what it does.

Bitcoin is the first and original cryptocurrency. What made it popular is because of its value. It has the highest value rather than other currencies. Because of its value, many newbie users are more getting interested to use it. Nowadays, the value of bitcoin is soaring high. Many investors and traders has a big trust in bitcoin because it is more reliable, secure and safe to use.

[iamKiko218]

Bitcoin is the origin of all cryptocurrencies. It is the most popular cryptocurrency because it is the first crypto released and since then people slowly embrace it due to its great qualities. Within eight years in the industry, Bitcoin had proven something and build the trust of many people. Also, it is already an established one which makes a lot of people to join in Bitcoin other than in any crypto. Another reason is its promising value, it is increasing everyday. And now Bitcoin is widely accepted in many nations.

[smith136]

I can simply say its because bitcoin started it all, if any other coin started the blockchain industry that coin would be the most popular and expensive as of now but well it was bitcoin 

[Erlinda Santiago]

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?

well bitcoin is easiest to use and it is the most highest money exchnge in all cryptocurrencies plus it has its own forum not like the other cryptocurrencies

[hassan.shakeel.rajpoot]

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?

Absolutely right about the popularity of BTC.
It is popular among other cryptocurrencies because of it's functionality and long term vision of it's makers. They believed on what they were doing unlike other cryptocurrencies, who launched them just as a short term mission, to check whether it will work out or not.  

[ace4549]

Bitcoin is most popular cryptocurrency in field of electronic banking because of their excellent performance executed in the public market.
Through this they become popular and well known in this kind of industry.

[liseff3]

As a coin bitcoin is a most populer cryptocurrency  because of it's value of increasing so fast in trading section which is most favourable to all.

I Agree With U bro.
Bitcoin is the cryptocurrency that refuses to die.
Because, Bitcoin is the Uber of cryptocurrencies the biggest, best-known and oldest coin cryptocurrency. And one expert calculated that its value is eighteen times more volatile than the U.S. dollar. Its demise has been predicted numerous times. Yet the bitcoin keeps going from strength to strength.

[Goldberg007]

Because it is the first ever cryptocurrency and it is accepted in many nations.

[Digitalbitcoin]

To be frankly speaking.

We all (You and me) gives value to bitcoin and make it famous and popular, just because we trust in Bitcoin and system behind it. Basically Bitcoin is unified non reversible combination of blockchain and cryptography. Blockchain and cryptography both are advanced quantum physics theories, which are implemented properly for formulation of bitcoin.

Blockchain have great future with combination of cryptography. This can literally give solution for any business to make itself decentralized and open source.

[BlackBird13]

1. The first cryptocurrency and the most talked about
2. Which leads to my second point- demand
3. Because there are limited amounts of bitcoins, its value keeps going up
4. Crowds believe in it.

[jpespa]

Well it is to be expected because everything started with bitcoin. Even though may cryptocoins have been made, none of them have beaten the bitcoin in most field of use. Widely accepted in online transaction and a decentralized currency

[Maheshkumar_Hrangkhawl]

I am looking at the trade volumes of cryptos other than Bitcoin. There is something unique about them. Apart from Bitcoin Cash, for all other alts, the trade volume is primarily derived from alt vs BTC trading. It shows how dependent they are on Bitcoin.

[alterwelt]

Aside from being the first cryptocurrency, it was able to attract people because of its ability to be used as a source of income. Who doesn't to have a source of income.

[Albertvadim]

this is what I will say, it's the first "mainstream" crypto currency.

[Nissan-GTR]

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 became the most popular cryptocurrency because it was the first ever cryptocurrency to be established and the others were just inspired by this establishment of bitcoin. Also when entering into the cryptocurrency world, the first you will encounter will be bitcoin. It is already used in worldwide transactions and plays many functions that makes it more popular into the society especially to the people.

[capt.khannaa@gmail.com]

Bitcoin fluctuates very quickly based on the psychology of the market and is popular with investors around the world. I think Bitcoin will have a higher price because people are leaning on more technology and in the future people will use Bitcoin in big deals.