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mdripon
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May 01, 2018, 05:37:50 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
Bitcoin is an influential currency, because this is a credible currency, bitcoin has gained credibility among the people.bitcoin can easily be converted to other currencies.bitcoin can easily buy essential products.currently, most of the world's countries are using bitcoin.and ATM cards are used for payment. |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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DarkIT
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May 01, 2018, 05:40:03 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
Bitcoin is an influential currency, because this is a credible currency, bitcoin has gained credibility among the people.bitcoin can easily be converted to other currencies.bitcoin can easily buy essential products.currently, most of the world's countries are using bitcoin.and ATM cards are used for payment. it could be all right. it's because bitcoin becomes the number one cryptocurrency that exists today, and that's really a priority for us all. even I am sure that all of us must try to collect bitcoin in large quantities to be resistant in the long run. |
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Vanester2014
Member
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Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
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May 01, 2018, 05:51:09 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
I guest you mention already almost all of the reasons why bitcoin is the most dominant crypto currency of all, i just want to add also the because bitcoin is the center of almost all exchanger. And in some exchanger before you can change to another crypto you have to convert your altcoin first to bitcoin before you can buy deferent altcoins or even cash out. |
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BagzMM
Member
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Activity: 378
Merit: 10
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May 01, 2018, 05:54:03 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
I think it's because many investors trusted this currency as compared to those altcoins and now the popularity has been higher a bigger chances that this can attract more buyers or investors to join and take part of this currency. |
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thegreatdodoy
Newbie
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Activity: 112
Merit: 0
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May 01, 2018, 05:54:52 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
Yes this is the leading crypto for now because many investors trust the capability of bitcoin. |
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royalfamily1000
Newbie
Offline
Activity: 76
Merit: 0
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May 01, 2018, 05:59:59 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
It's because among all coins available in the market bitcoin is the most expensinve and popular among all crypto. |
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Scavagers
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May 01, 2018, 06:02:03 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
I think it is because bitcoin has proved in the past few years that it should be trusted that is why it gained so much popularity. The popularity also affects its price because many investors are investing on it. Other new altcoins are not reliable because some of it are useless or sometimes called as shit coins. Not all new releases must be invested to,you need to understand it first before investing. That is the exact opposite of bitcoin, you do not need to worry about investment because it is legit and trusted. |
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CryptoCoin8487
Member
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Activity: 218
Merit: 10
I AM HAPPY TO BE A TRADER
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May 01, 2018, 06:05:36 AM |
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Its because almost all of us using bitcoin in peer to peer transactions, cash out and converts to fiat money and even in tradinh we always using bitcoin before we can do conver to another altcoins for example (you have 100 DRG and you want it to convert to steam) before you can convert to your DRG to STEEM you have to convert you DRG to BTC first and BTC to STEEM.
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tikaka
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May 01, 2018, 06:32:23 AM |
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Bitcoin is the most dominant because its reliability is highest compared to other virtual currencies and its rapid development and to achieve today's value is a boom in its strong value. Many investors believe and choose to invest in it because they believe in the great economic potential that it will bring to future investors more what they invest at this timecompare
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andika2018
Member
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Activity: 700
Merit: 10
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May 01, 2018, 06:34:56 AM |
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Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Is it because of its popularity?
Is it because of its value?
Please enlighten me.
I think its because many people already think that bitcoin is gold in digital world. As gold in digital world and have limited supply, that factors bring bitcoin hunted by many people to invest and hoping the price always increase |
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dear53
Jr. Member
Offline
Activity: 322
Merit: 1
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May 01, 2018, 06:39:02 AM |
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