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Shreek (OP)
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February 28, 2018, 11:07:48 PM
 #1

I am curious about bitcoin, because until today bitcoin still exist. even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?and if spreading of bitcoin can be stopped, who is the most benefited and disadvantaged ?

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Monette2k17
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February 28, 2018, 11:52:34 PM
 #2

That's why many investor still invest in bitcoin inspite of some country banned cryptocurrency. The secret behind bitcoin success and other cryptocurrencies is global blockchain technology. Spreading of bitcoin cannot stopped because internet is widely used automatically advertised itself through website. all bitcoin investor will benefit of it.

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March 01, 2018, 12:27:49 AM
 #3

From year to year bitcoin always rises in price, and it's because of the trust of the world community and the number of investors investing in bitcoin, maybe when bitcoin ends up the most profitable person is the one who bought bitcoin at a cheap price first and he had time to sell it at an expensive price as it is today and before it ends.

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March 01, 2018, 12:29:10 AM
 #4

Many people actually curious about bitcoin, they were totally doubt the existence of bitcoin without any endorsements by the people of government, if we try to look the existence of bitcoin that almost 10 years or 9 years ago of existence, why not the government stop it from the very beggining and why until now still exist? In my own idea, maybe bitcoin has also a source of strong support from government that all of us doesn't know yet or maybe the government only giving a chance of bitcoin existence because of the good contributions towards people and mostly to the economic growth.
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March 01, 2018, 12:43:13 AM
Last edit: March 01, 2018, 07:21:27 AM by zhea
 #5

I am curious about bitcoin, because until today bitcoin still exist. even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?and if spreading of bitcoin can be stopped, who is the most benefited and disadvantaged ?

I think the secret why bitcoin still exist because people are really supporting bitcoin because they all know and believe that engaging bitcoin will give better tomorrow. Looking back on the existence of bitcoin we can say that its quite long and its still the number crypto currency though there are lot of country's that the government did not support bitcoin and some other country's are banning bitcoin. This is the power of bitcoin that until now it still exist in the market and many people are hoping that it will help them financially and its contributions to the users and to the economy as well.
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March 01, 2018, 12:49:46 AM
 #6

Bitcoin is hard to stop and bitcoin can survive to this day because many people need and use bitcoin as an investment or as a means of payment transactions it is one of the causes of bitcoin survival to date with the trust of members to use bitcoin.
uelque
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March 01, 2018, 01:00:42 AM
 #7

I am curious about bitcoin, because until today bitcoin still exist. even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?

First of all, bitcoin is the first cryptocurrency of the world and it's almost 8 years now I think, so no doubt it will stand as the king of cryptocurrency.

and if spreading of bitcoin can be stopped, who is the most benefited and disadvantaged ?

Do you mean what if bitcoin get banned all over the world? Because that is the only way bitcoin can be stopped, or stop keep growing. I think it will be so impossible, but if it do occur, the most benefited are governments because they can now control people and every transactions. Without bitcoin, transactions are now visible. And talking about the disadvantage by doing so, all of us, users and bitcoiners will take the punishment. We cannot predict when will it happen if it is destined to occur, so if we still have funds inside our bitcoin wallet there's nothing we can do but to cry! Cry

But all of that is so impossible!
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March 01, 2018, 01:17:14 AM
 #8

Bitcoin is increasingly widespread in different parts of the world, supported by social media that can accelerate the spread of bitcoin and the increasing number of bitcoin users at all times so bitcoin can not be stopped, and if bitcoin stops the most important profit they are Earlier investors withdrew the bitcoin before all the stops.
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March 01, 2018, 01:21:34 AM
 #9

Descentralization and privacy were since the beginning it's huge attractions. Of course Bitcoin is the crypto king and i don't think that will change in a very long time if ever.

The ones who will be more happy if the Bitcoin could be stopped are the central banks and governments of course.

Central Banks= Can't control it

Governments= No taxes and can't control it

Obviously goverments funded heavily by big banks will never say something good about Bitcoin.
yesuidanggan
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March 01, 2018, 01:30:58 AM
 #10

The success of bitcoin is that people use technology to solve the problem of mutual trust. Such mutual trust involves reducing trade (fraud) friction, reducing the risk of inflation, and so on.

Bitcoin can be a kind of digital currency, along with technological advances, and some people's obsession with technical beliefs.

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March 01, 2018, 02:22:13 AM
 #11

i dont know who is the most benefited and disadvantaged if bitcoin spreading. in my mind, bitcoin so hard to stopped.
but you can success in bitcoin if you do all of project bitcoin as good as you can, like trading, mining, bounty campaign or etc
Manoharachan
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March 01, 2018, 02:24:26 AM
 #12

Bitcoin can survive to this day because Blockchain technology in use bitcoin is very sophisticated and trust from the members that make bitcoin to reach higher prices.
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March 01, 2018, 03:08:36 AM
 #13

Bitcoin can survive to this day because Blockchain technology in use bitcoin is very sophisticated and trust from the members that make bitcoin to reach higher prices.

I think bitcoin is spreading because of us who spread it by  sharing our ideas about it to other people who do not know about bitcoin like me i know bitcoin because of my hubby told me about it and i was got curious to know more about bitcoin and i also want to have an extra income thats why i make an account and i started to work on bitcoin.
Yankae
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March 01, 2018, 03:17:12 AM
 #14

I am curious about bitcoin, because until today bitcoin still exist. even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?
For me i think it is the people who uses it,bitcoins price wouldn't be that much if people didn't used it.Its unique nature as an asset is one of the reason also.

?and if spreading of bitcoin can be stopped, who is the most benefited and disadvantaged ?
Maybe the miners would benefit it most and the disadvantage of not spreading of bitcoin are the people who do not know what bitcoin is will be still left behind,and may also cause of price of bitcoin.
Jating
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March 01, 2018, 03:29:57 AM
 #15

I am curious about bitcoin, because until today bitcoin still exist. even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?and if spreading of bitcoin can be stopped, who is the most benefited and disadvantaged ?

It bitcoin should have been stopped, it could happened since its inception. Because initially no one has thought that it can go further today and cause many nations to ban its because according to them, its very disruptive.

But why it is still flourished today? Because its simply gain the trust and confidence of investors alike (newbies to whales), that's why its really hard to stop bitcoin now. There's so much money in the ecosystem that I don't think anyone will simply step aside even if their government is putting a hammer ban on it.

Similar threads about the advantage and disadvantage of bitcoin:

https://bitcointalk.org/index.php?topic=2992678.0

https://bitcointalk.org/index.php?topic=2399748.0

https://bitcointalk.org/index.php?topic=1701800.0 -- specially in Gambling Industry.
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March 01, 2018, 03:38:12 AM
 #16

even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?

it is the other way around. bitcoin is useful because it is a decentralized currency, so it is successful and it is becoming more and more popular and as a result of that its price goes up and people call it "king"!
but the start of all of this is that "usage" which makes it unique and succeed more than any other altcoin that is out there because despite what they advertise altcoins like, they are not useful at all.

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Thecryptocurrency09
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March 01, 2018, 03:40:44 AM
 #17

I am curious about bitcoin, because until today bitcoin still exist. even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?and if spreading of bitcoin can be stopped, who is the most benefited and disadvantaged ?

It is true how drastically the raise of bitcoin is happening right now, we see how it tends to give us a very amazing state of knowing how many patronise it that it is known internationally.  Thoygh it takes time to happen yet there is a huge impact that bitcoin made in the community that it nearly wanted to be hold or manipulated by many sectors.
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March 01, 2018, 03:46:55 AM
 #18

Bitcoin do exists and its secret behind bitcoin success because of the user itself. The support from the users and most benefited of it those who truly believes in bitcoin. Without the support from the users ofcourse bitcoin is nothing and don't exists at this time.
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March 01, 2018, 03:54:02 AM
 #19

Descentralization and privacy were since the beginning it's huge attractions. Of course Bitcoin is the crypto king and i don't think that will change in a very long time if ever.

The ones who will be more happy if the Bitcoin could be stopped are the central banks and governments of course.

Central Banks= Can't control it

Governments= No taxes and can't control it

Obviously goverments funded heavily by big banks will never say something good about Bitcoin.
Bitcoin can not be stopped due to the fact that it is distributed via the Internet. However, almost every state in the coming time will impose taxes on profits from the income of the crypto currency. Even Japan, the most loyal to the crypto-currency country, and she introduced taxes on income from the crypto currency. Therefore with taxes it is necessary to reconcile.

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March 01, 2018, 03:59:21 AM
 #20

I am curious about bitcoin, because until today bitcoin still exist. even its value, makes bitcoin become crypto king. what is the secret behind bitcoin success ?and if spreading of bitcoin can be stopped, who is the most benefited and disadvantaged ?

It is possible that bitcoin will be a crypto king. Most of the time I think that the success of it's existence in crypto market is because of still demanding and patronizing of a huge of people to it's system. People are still active to this just because there's a lot of benefits that can earn from this. All of us are surely  gain benefits from here, but maybe the Traders and Miners are the most benefited on it's continuous spreading.

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