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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20629 times)
Netnox
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December 16, 2017, 12:11:23 PM
 #1121

It is the first cryptocurrency that battling to the local currency it is the first that struggle a lot just to be popular by now no doubt about its success, though we can't anticipate this because this currency have so much potential no doubt so many alt coin trying hard to copied it.

That is not the sole reason. If that was the case, then Litecoin should be more popular than Ethereum, since the former was invented at least 3 years earlier than the latter. But yes... being the first and "original" crypto can have its own advantages. But one reason why so many people trust BTC is that its inventor (Satoshi) never tried to profit out of his invention.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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donnie.darko
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December 16, 2017, 02:52:31 PM
 #1122

Bitcoin can be the most popular digital currency because bitcoin is the first digital currency from the other. Bitcoin is also known for its ideology.
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December 16, 2017, 02:54:10 PM
 #1123

It is the first cryptocurrency that battling to the local currency it is the first that struggle a lot just to be popular by now no doubt about its success, though we can't anticipate this because this currency have so much potential no doubt so many alt coin trying hard to copied it.

That is not the sole reason. If that was the case, then Litecoin should be more popular than Ethereum, since the former was invented at least 3 years earlier than the latter. But yes... being the first and "original" crypto can have its own advantages. But one reason why so many people trust BTC is that its inventor (Satoshi) never tried to profit out of his invention.

Being first or last doesn't make significant change in crypto markets as your example is also right between litecoin and ethereum. The idea is being the effective one in the market.

The stable structure of bitcoin is the fundamental things makes it the most popular one.
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December 16, 2017, 03:24:33 PM
 #1124

There are so many crypto and altcoins in cryptocurrency but bitcoin is the most popular and successful. People like it because it is so much useful. Though it changes it’s value at a very few time but it gives more comfort and benefit to all.
People can hide their intro and they don’t need to pay extra taxes by using it. Almost all people will like this type of comfort and bitcoin carries all of it. We can use it at online and it is very trusted system since when it started till now.
It was the first system at cryptocurrency and now the top crypto by peoples choice.
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December 16, 2017, 03:48:32 PM
 #1125

I think bitcoin is a very popular crypto money especially now that bitcoin prices are so high that many people are making profits through bitcoin so I'm sure bitcoin will be more successful in the future.
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December 16, 2017, 04:12:33 PM
 #1126

I think more interest and user trust makes bitcoin more and more popular.

Now world is awaking with information, news and updates of Bitcoin. Specifications of Bitcoin's also gives more value to its existence.

Bitcoin is the first digital virtual cryptocurrency which can be evaluated in fiat currency globally.
MadaraAvenger
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December 16, 2017, 04:13:54 PM
 #1127

It is the most popular crypto because it was first and the code is almost perfect inside. Anyway I'm sure that in the future bitcoin will still remain the king of cryptos.

Kodok Bencot
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December 16, 2017, 05:18:21 PM
 #1128

Bitcoin became the most popular cryptocurrency because it became the first cryptocurrency, certainly a bitcoin advantage because almost all coin fund collection projects use bitcoin.
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December 16, 2017, 05:25:23 PM
 #1129

Everyday you can found news about Bitcoin in the Russian media. Especially funny when they write nonsense for incompetent people!
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December 16, 2017, 05:32:16 PM
 #1130

as far as i have idea and read about currencies, after 1974 the price up and down depends upon market fluctuations, so bitcoin is the the most popular cryptocurrency due to its demand and its prices fluctuations,if we see the last one of the two months its prices have divided in to two types of fluctuations the first one before one month is 4500 dollars and the second one is now adays 18000 dollars,so if we see,it prices very fluctuate which will give a sign for investors to invest in it,therefore it is the most popular cryptocurrency.
Dani33
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December 16, 2017, 05:36:38 PM
 #1131

Bitcoin is the most popular because is the first crypto currency created and also because the price is so high then is more famous than others altcoins

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Alaminshaikh
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December 16, 2017, 05:37:49 PM
 #1132

I thinks Bitcoin is a most of  popular legal cryptocurrency.bitcoin can given Short time for huge profit in the Crypto world and online business world.bitcoin price always growing more increased.everyone know that bitcoin transaction system very easy.and security very strong.so i tell you ,trading and investment work can depends bitcoin .So bitcoin without can not get huge profitable.
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December 17, 2017, 12:56:14 AM
 #1133

A short answer to your question would be because it is the oldest, its popularity is also because of the fast rate at which it increases value.
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December 17, 2017, 01:25:19 AM
 #1134

Because many industries, companies and businesses are already accepting bitcoin as currency. And its value is still rising that result to more people are investing to bitcoin. It is also self sufficient because the more people are involved it solidify its value . There is many easy exchange it to local currency with ease. Thats the reason why bitcoin is the most popular kryptocurrency.
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December 17, 2017, 01:36:40 AM
 #1135

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 currency because of its features which is way too different from the other existing cryptocurrencies. Bitcoin is the very first cryptocurrency also and it should be taken note that bitcoin has proven a lot over the past few years. We should also remember how tough bitcoin is in surpassing all the obstacles it has faced, still it was able to manage to increase its value more than what it was before.
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December 17, 2017, 01:39:36 AM
 #1136

Because in the first place we that bitcoin is a popular for the reason of that number one and lead than other cryptocyrrency and we included the high value so that many people was investing, joining in bitcoin to earn and have an extra and bacuae of bitcoin is have a big difference than other cryptocurrency so that's why bitcoin is popular.
Dmitry.Vastov
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December 17, 2017, 08:19:32 AM
 #1137

Their are various reasons due to which bitcoin know as most popular CryptoCurrency. Their are other CryptoCurrency are present like Dogecoin Altcoin Litecoin etc but they are not as much as famous then bitcoin. Innovative technology created by bitcoin is the main reason behind its popularity. Secure money transaction by bitcoin with out involvment of banks and it is not under any government term and conditions, these things attract more people towards bitcoin. The increasing price of bitcoin attract many investor towards it and make it popular too among other crypto.  Wink
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December 17, 2017, 10:25:59 AM
 #1138

      Bitcoin the most popular cryptocurrency among others because of its value like a gold and because of its demand and most of the investors and campanies accept bitcoin as the most valuable currency online.

BarbieCasino
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December 17, 2017, 05:56:16 PM
 #1139

Because in the first place we that bitcoin is a popular for the reason of that number one and lead than other cryptocyrrency and we included the high value so that many people was investing, joining in bitcoin to earn and have an extra and bacuae of bitcoin is have a big difference than other cryptocurrency so that's why bitcoin is popular.
Value of bitcoin is no doubt very good and high. Now a lot of users are holding bitcoin and they knows somehow bitcoin will give profit. No currency is that high in price now and almost all currencies are asking for bitcoin only, it is right time to go for bitcoin and use bitcoin only it will be more expensive and then it will be late to buy bitcoin for less and small amount of money so it s better invest right now and not wait anymore.

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December 18, 2017, 10:50:32 AM
 #1140

It is like the founding father of all things related on digital currency and it is one of the best investment you can have in cryptocurrency .
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