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Author Topic: Why is bitcoin the most popular cryptocurrency?  (Read 20710 times)
wareen
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February 16, 2018, 09:57:11 AM
 #1741

BTC is the world's first encrypted digital currency! People pay attention to it!

BTC has been around for nine years, and the price of BTC is very high. It is already a very mature digital encrypted currency!
If you said "Bitcoin is the world's first successful cryptocurrency", you are right. However, actually Bitcoin is not the world's first cryptocurrency. Before Bitcoin released, Satoshi Nakatomo and others tried to build other cryptocurrency (used blockchain technology) but failed. That is the reason most of the devs all said Bitcoin is the world's first successful cryptocurrency.

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Lare linglung
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February 16, 2018, 10:06:55 AM
 #1742

why is the most popular bitcoin because bitcoin is the first crypto, so whoever is new to crypto, they must have known the former bitcoin in comparison with crypto or other coin.

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February 16, 2018, 10:31:56 AM
 #1743

Since bitcoin is the first cryptocurrency so it is most popular currency, and in all trading bitcoin can exchange all currency.
It's easier to get a bitcoin key in other currency or altcoins.
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February 16, 2018, 10:34:16 AM
Last edit: February 16, 2018, 11:03:38 AM by evader11
 #1744

Bitcoin is the most popular because of its high value. Many people discover, knowing it in the world. But many people are also learning how to earn it through trading and investment also it is the first digital currency and the oldest one. So i guess bitcoin will remain it at all time/forever.

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February 16, 2018, 10:42:48 AM
 #1745

I think that the reason why it is popular is because it survived among the other cryptocurrencies. Aside from the fact it is the oldest, it proves that it can withstand the test of time. Even after many fluctuations, it survived! It even has living proofs- the people who became rich because of bitcoin. No wonder why it is the most popular crypto among many others.
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February 16, 2018, 11:50:36 AM
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 #1746

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?
It is because the bitcoin is the only coin in crypto. market who survive among other cryptocurrencies, so now the bitcoin is the most valuable and the most popular coin in crypto. market.
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February 16, 2018, 11:54:44 AM
 #1747

Because BTC have high value than another coin and much people use BTC for transaction

Yes, that is simply basic. But the reason why it is more valuable and mostly used is because it is also the father of decentralized cryptocurrencies hence it is also the most popular. Technology wise I think there are already some altcoins that can match it or even provide more features like smart contract.
One reason that make bitcoin a famous digital currency that exists is its PRICE. Yes, the only one reason I guess that attracts many investors and traders and the only reason why many of us are aiming to get our own kind of bitcoin. Bitcoin today is can be compared to gold or even much more than a gold value.

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February 16, 2018, 11:55:57 AM
 #1748

I am convinced that Bitcoin will eventually lose its popularity at the expense of ETH
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February 16, 2018, 12:02:48 PM
 #1749

I am convinced that Bitcoin will eventually lose its popularity at the expense of ETH

Bitcoin is the most popular cryptocurrency because it has been around the longest and has proven its USD status among the cryptocurrencies, it is almost universally trusted at this stage.

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February 16, 2018, 06:45:23 PM
 #1750

A properly managed altcoin can give tremendous growth in the form of several hundred percentages over a very short period of time. This is very unlikely in case of other form of conventional investments. Investment in altcoin is sometimes considered as the shortest way to getting rich. However, investment in altcoin should always be done after proper research and understanding of the process.

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February 16, 2018, 06:50:33 PM
 #1751

Bitcoin is the first cryptocurrency. I think it is the only reason which makes bitcoin to be the most popular cryptocurrency. There are some other coins benefits which bitcoin does not have. Bitcoin is the first cryptocurrency and also the most popular. I don't think it remains the most popular one in a long time.
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February 16, 2018, 08:11:23 PM
 #1752

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're right. One of the reasons why is it's the most popular is because it is the first ever cryptocurrency. Also because it took time before altcoins emerged, that's why for a long time Bitcoin has the spotlight, getting all the media attention. But it's slowly changing now as altcoins are getting better and better.

I agree. And I think another reason is its price.  And people are accepting it with positivity.

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February 16, 2018, 08:23:06 PM
 #1753

In fact, bitcoin is a dummy. But he is the progenitor of crypto currency, with the code bitcoin produced a large number of clones bitcoin. In fact, bitcoin is so popular because he is very old and stable. And more influence is that most of the trading pairs on the stock exchanges are tied to bitcoins. But this is my personal opinion.
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February 16, 2018, 08:34:20 PM
 #1754

Bitcoin is becoming very popular because it is used for trading so the use of bitcoin is very large compared to other coins, and currently the dominance of bitcoin trading averaged 35% so it looks bitcoin very popular and difficult to replace.

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February 16, 2018, 08:59:17 PM
 #1755

Bitcoin is the most popular, because it is the first digital currency, which we can invest anytime and we can use around the world. Easy to use, especially in paying our bills, no taxes and fast in all transactions. The price is very expensive and gives a good profit. Bitcoin is just a high-priced currency, and is in great demand, because of its popularity and it gives more benefits to society. Bitcoin has great value compared to other currencies, which is why bitcoin is so popular. Smiley
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February 16, 2018, 09:09:59 PM
 #1756

The biscoin is the most popular among other bitcoins it is because if we look at the world coin index it ranks as the first ,so people will choose the bitcoin because they think it can be reliable and be trusted digital coin, that is why bitcoin 5gis gaining its popularity among other cryptocurrency.

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February 16, 2018, 10:07:36 PM
 #1757

This is the first and everything has gone from it, it has already become attractive for investors and is not actual as a mass currency for the store ....
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February 16, 2018, 10:33:52 PM
 #1758

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 cannot extract a definite answer to this question. When we say "crypto" it means hidden or a secret. Bitcoin is a crypto currency became it is not transparent and non-tangible unlike the physical money. Any means applied similar to Bitcoin are all "cryptos". Bitcoin is popular because of opportunities offered to alleviate economic condition.
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February 16, 2018, 10:42:41 PM
 #1759

Bitcoin becomes popular globally because it is the first cryptocurrency who catches the eye of everybody of being expensiveness, Bitcoin is its widespread usage across the globe , with many now option  to make payments via Bitcoin rather than using other methods. For consumers being able to use bitcoin provides increased ease and convenience when it comes to online transactions with the added bonus of security and peace of mind - something that you do not always get when you use payment method such as credit or debit cards.

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February 16, 2018, 10:50:59 PM
 #1760

bitcoin is so popular because some people know about bitcoin .Bitcoin is first cryptocurrency who catches the attention of everybody Bitcoin is too expensiveness thats why Bitcoin is popular.
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