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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20631 times)
tianglistrik
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January 14, 2018, 06:11:12 PM
 #1421

Maybe according to the knowledge I know about why bitcoin is so popular in the world.
1. Because the price is very expensive and already many people who get rich from bitcoin investment.
2. Maybe because the bitcoin is the first cryptocurrency that builds the crypto world.
3. because the bitcoin transaction does not involve a third person. So when we do transactions only people A with people B.
Maybe that's one of my reasons why bitcoin is so popular nowadays Cheers.
gopaljiverma
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January 14, 2018, 06:21:50 PM
 #1422

There are a number of reasons for bitcoin being the most popular cryptocurrency:

1) It is the first one and this is the biggest advantage.
2) Over the years , its value had only increased over time.
reyblack
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January 14, 2018, 06:59:31 PM
 #1423

There are a number of reasons for bitcoin being the most popular cryptocurrency:

1) It is the first one and this is the biggest advantage.
2) Over the years , its value had only increased over time.
 




Bitcoin is the most is the most popular cryptocurrency because it is the first cryptocurrency. It is popular because many investors here became millionaires. That's why im here hoping and waiting for my luck to come.
Rascar Capac
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January 14, 2018, 07:18:41 PM
 #1424

Because if there were no bitcoin, there would not be so many altcoins now, and if bitcoin died, all altcoin would die, so bitcoin would always be the mainstream coin.
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January 14, 2018, 07:28:31 PM
 #1425

Most people look bitcoin as something they can get today and make their future bright after hodling for couple of months and year just like how it change life btc believers who managed to buy on low price before.

RomertL
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January 14, 2018, 07:37:05 PM
 #1426

It is the first cryptocurrency and it is the most popular in the whole world. And on my opinion it is the most safest investment.


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Revprojects
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January 14, 2018, 07:46:55 PM
 #1427

Because it is the brand for any other crypto currency. And currently around 50% in Marketcap.
Bitcoin marketcap now 33%. Not 50%. (https://coinmarketcap.com/)
Ethernel
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January 14, 2018, 08:00:38 PM
 #1428

Bitcoin is the most popular crypto cuurency because its simply the most successful crypto, and having the highest price and the most promising potential. Also Bitcoin have the biggest community among all crypto currencies.
mr.bean865
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January 14, 2018, 08:03:47 PM
 #1429

Because it is the brand for any other crypto currency. And currently around 50% in Marketcap.
Bitcoin marketcap now 33%. Not 50%. (https://coinmarketcap.com/)
Because this is the first cryptocurrency which made bundle of people billionaires and the increment ratio in its price was drastic during the last year so it came as a new trend over different social sites and most of the people don't even know the word 'cryptocurrency' but they know that there is something known as bitcoin.
fattyforhire
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January 14, 2018, 08:15:55 PM
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 #1430

Of course, the main reason for this success was the priority in the championship. He went out into an absolutely empty, new market, crypto-currency, he had no one to compete with and he went far ahead, and it is difficult to catch up to him. However, it is possible that in the future this situation will change, as kryptornok does not stand still and many interesting currencies appear that can outshine bitcoin.
PeRo
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January 14, 2018, 08:24:01 PM
 #1431

The first reason is because it is the first cryptocurrency made, it is natural for it to be the most popular one. It has the most users and its community is spreading every day. When you mention cryptocurrencies people mostly think about Bitcoin immediately. It has the highest price, it has been longer on the market than any other cryptocurrency. It is also accepted in more places and sites than others.

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Pfizer
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January 14, 2018, 08:37:41 PM
 #1432

Most people look bitcoin as something they can get today and make their future bright after hodling for couple of months and year just like how it change life btc believers who managed to buy on low price before.

Bitcoin created this unique environment, without bitcoin, the whole market wouldn't exist obviously. It paved a great way for the crypto concept.
Aderiho Bitjones
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January 14, 2018, 08:41:42 PM
 #1433

In my opinion, bitcoin is the most popular coin because it was the first of the other coins to appear on the market. Therefore, it became very popular. Over time, the price began to increase. Grow start and capitalization. Of course, there are many competitors, but they are still far from bitcoin
BobbyZounours
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January 14, 2018, 08:59:49 PM
 #1434

Yes the other name for bitcoins is "The Father of cryptocurrencis" because it is the first of it's kind.The other cryptocurrencis were second to bitcoin.It is popular among people because it made many people rich who had invested in bitcoin at the time of its birth.There are still people investing and mining in bitcoins and are making a huge profit out of it so it's natural for it to become popular.
JehanleMauvais
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January 14, 2018, 09:00:36 PM
 #1435

Bitcoin is the most popular cryptocurrency because its the first of them all and the price growth of bitcoin is remarkable if we will look at its history. There are a lot of big investors believe in this coin to be the future of currency.
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January 14, 2018, 09:05:36 PM
 #1436

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 that bitcoin is the most popular coin, as you said, because it's the first one, and therefore it is much more valuable than all other coins. Bitcoin will always be the first.

that is the main reason, true. it is the one who started all thr story that we are making profit right now. and even if it is market cap percentage is dropped, it is still dominating the market with its volume.

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January 14, 2018, 09:12:37 PM
 #1437

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 being the first cryptocurrency that emerged, naturally is the king of cryptocurrency. Most people have raised a question that tried to ask what problem bitcoin tend to solve. The most significant solution that bitcoin solves is that it makes payment across the continents of the world happen in few minutes, though not any longer

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January 14, 2018, 09:13:56 PM
 #1438

Yes the other name for bitcoins is "The Father of cryptocurrencis" because it is the first of it's kind.The other cryptocurrencis were second to bitcoin.It is popular among people because it made many people rich who had invested in bitcoin at the time of its birth.There are still people investing and mining in bitcoins and are making a huge profit out of it so it's natural for it to become popular.
Because bitcoin is the first coin to appear, bitcoin is best known to the world community. When the Cryptocurrency market is getting the attention of the whole world, bitcoin is getting more and more people's attention. Bitcoin has its own blockchain platform and open source, and now it has a lot of paid applications with the advantages of high security and fast transactions.
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January 14, 2018, 09:15:51 PM
 #1439

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 already has established infrastructure. There are sites, companies and merchants who accepted Bitcoin, big exchanges, local exchanges in almost every country, lots of people who accept it or willing to spend. Now, if you take some altcoin, you will have a very hard time exchanging it for your local currency or finding a place where you can spend it. The reason for this is because people don't see any need to work with altcoins if Bitcoin works just fine.


As we can see, number one seller is bitcoin because of its ability to change price at short period of time. And because of the sudden dramatically rise of its price on the past months. But aside from it, there are several cryptocurrency that we do not know that it is popular since the price of it is small comparable to bitcoin yet the rate change is so high. We can expect that someday, they will be as populat as bitcoin and might beat bitcoin in terms of price.
sarul
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January 14, 2018, 09:29:44 PM
 #1440

In my opinion, bitcoin is the most popular coin because it was the first of the other coins to appear on the market. Therefore, it became very popular. Over time, the price began to increase. Grow start and capitalization. Of course, there are many competitors, but they are still far from bitcoin
As the first coin and the price is very expensive, that's what makes it so popular. However, when viewed from the slow process and high transaction costs, bitcoin is rarely used and replaced by altcoin. It is the lack of bitcoin.
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