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April 30, 2018, 07:25:12 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 right, bitcoin is the most dominant coin because it is very popular cryptocurrency. most peoples will know if you ask them about bitcoin. try ask about altcoin.  |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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olamide1023
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April 30, 2018, 08:01:11 AM |
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The reason why Bitcoin is the most dominant is because is the mother of all cryptocurrency and alternate coins
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Ariess
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April 30, 2018, 08:05:56 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.
there are many factors that make bitcoin the most dominant. which definitely bitcoin can not be set by company or government like other crytocurrency that has team and developer. one simple example |
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sijonru
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April 30, 2018, 08:25:14 AM |
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bitcoin is more dominant than other coins because, bitcoin is more popular and has gained the trust of many people, in terms of price alone bitcoin is much better than other coins, it makes a lot of people want to invest with bitcoin compared to other coins and in the hope of generating more profit.
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Chicryptomama
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April 30, 2018, 08:35:20 AM |
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Well, from all indications, Bitcoin currently as number 1 currency is being traded by virtually all centralized exchanges and has the longest track record of security.
It can be used to buy and sell goods and services in the real world and as such will be so difficult to be placed in second position.
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jhache
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April 30, 2018, 09:15:15 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 the most dominant cryptocurrency due to all the reasons you listed. It has the first movers advantage, it is the most popular currency world wide and anyone who knows anything about the crypto markets know about Bitcoin, Bitcoin has the highest market cap and also Bitcoin is the main entry and exit point into the crypto world. |
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Yantoaja
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April 30, 2018, 10:18:13 AM |
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Bitcoin is the first cryptocurrency we can know and only bitcoin at that time is well known. I also know first the cryptocurrency is bitcoin. And the more famous eventually bitcoin becomes dominant in addition to other coins.
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marabanda
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April 30, 2018, 10:20:17 AM |
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It's simple, it was the first acceptable crypto currency. It reminded me of Facebook. And not only because he was the first, but also because he has a large number of shortcomings (technical).
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rickyNmorty
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Investor
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April 30, 2018, 10:42:30 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.
In my opinion, because bitcoin is the first cryptocurrency to ve ever created, and the length of how long bitcoin has been going on in the market, it has accumulated a lot of investors and users through the years. Making it increase in value time after time, increase in popularity as well, and now, a massive increase in its value that made the internet go crazy for bitcoin. |
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Desperaboss
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April 30, 2018, 10:48:05 AM |
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Bitcoin was the first ever crypto currency and henceforth the most common digital currency. A big advantage of these kind of currencies is that the code can be enhanced to improve the functionality so there is no need for an other coin to replace bitcoin.
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Cloak1
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April 30, 2018, 11:26:30 PM |
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All of them. No doubt, Bitcoin was first invented and the technology came into market first. The most trusted and secured cryptocurrency is Bitcoin, as it is the father of may evolved cryptocuurencies as their prices are either in the form of Bitcoin or fiat currency
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Cherylstar86
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April 30, 2018, 11:33:30 PM |
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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 becomes dominant because Bitcoin has a very good level of trust in the public. Bitcoin has the confidence to use and be an investment. Bitcoin is superior to other coins, I strongly believe in Bitcoin because it has started many people who accept Bticoin and already many places that recognize Bitcoin as a medium of payment. So I strongly believe that Bitcoin can be a globally recognized currency. Exactly, in the bitcoin was already proven on it's usage and capability to the users as they have a huge trust on it. Also, bitcoin will able to provide those people in needs as they can earn just an extra income and eventually to be lucky enough it could reach as much as monthly salary. I believe soon bitcoin will be more valuable as it's value is still increasing as time passes by. |
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Finestream
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April 30, 2018, 11:52:13 PM |
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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.
In my opinion, because bitcoin is the first cryptocurrency to ve ever created, and the length of how long bitcoin has been going on in the market, it has accumulated a lot of investors and users through the years. Making it increase in value time after time, increase in popularity as well, and now, a massive increase in its value that made the internet go crazy for bitcoin. Exactly.Bitcoin is the most dominant since it is the mother of all cryptocurrencies.Its value increases even more as time goes by,and its popularity becomes widely having all the investors that are putting their trust and confidence in bitcoin.And nowadays,bitcoin has become the most trusted and most profitable cryptocurrency since its price had reached to a new heights again. |
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bulantoy12345
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May 01, 2018, 01:14:30 AM |
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It's because bitcoin is the first cryptocurrency, the first cryptocoin trusted by the people. Bitcoin dominates cryptocurrency from the beginning until now because many of us are believing bitcoin that it gives us hopes to earn high and most of all we trully believe that bitcoin will helps us to achieve our ambition to live an easy life someday thru bitcoin.
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abonti
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May 01, 2018, 01:18:14 AM |
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bitcoin is the most dominant croyptycurrency, because of, it's popularirty makes it the most dominant cryptycurrency in this wotld.
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standley940
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May 01, 2018, 02:01:34 AM |
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Bitcoin becomes dominant because Bitcoin has a very good level of trust in the public. Bitcoin has the confidence to use and be an investment.because bitcoin is the most popular virtual currency, it is because in developed countries have started legalize bitcoin as a legal transaction tool.
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saeroji92
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May 01, 2018, 03:08:13 AM |
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Bitcoin is the dominant cryptocurrency because of what you mention. If the bitcoin is not the first successful cryptocurrency then maybe the bitcoin is not above the current food chain. Also bitcoin becomes very popular with the public because of its value trend, it started as centavos but now its value in thousands of dollars. Bitcoin its value will become more fanatical.
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Sithara007
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Leading Crypto Sports Betting & Casino Platform
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May 01, 2018, 03:18:33 AM |
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bitcoin is the most dominant croyptycurrency, because of, it's popularirty makes it the most dominant cryptycurrency in this wotld.
The government actions and media coverage is more focused on Bitcoin, despite the fact that its market dominance has come down to around 37%. The other cryptos such as Ethereum and Litecoin remains mostly invisible to those outside the crypto-currency sector. |
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mickeybuddy27
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May 01, 2018, 03:24:20 AM |
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bitcoin is the most dominant among all cryptocurrencies, this is because bitcoin is the first time ico is made, and as you say, bitcoin popularity is very good in the public eye, many people are interested because the price is very expensive and very suitable for long-term investment
I agree since it is the very first cryptocurrency to be introduced I think it would be normal for bitcoin to dominate the market as it has become the vanguard of cryptocurrency to the world. People have set their expectations to other cryptocurrencies based on bitcoin and its characteristics making it the most ideal cryptocurrency in the market. It is dominant as everyone looking for to have it for investment. Bitcoin become more expensive in the market which everyone can use for fast transactions all over the world. Its usage catch attention to every people which make to have shortage for the supply that make increase for its price where the holder can gain huge profit. |
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vonnyaries
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May 01, 2018, 04:21:55 AM |
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all of your statements are right, we all know that bitcoin is dominant in this world, its because bitcoin is popularity in investor, the investor in the wolrd curious about bitcoin and want to try investing in bitcoin, so its makes bitcoin is more popular and dominant in the market and this forum.
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