Post
Topic
Board Economics
Re: Why Bitcoin has power nowadays ?
by
Vaskiy
on 16/08/2017, 09:56:23 UTC
Bitcoin has become a new power in the world of money as we all know that all sides deal with it so it has to survive until it become the powerful source of life . So what it is difference between bitcoin and other cryptocurrencies? and why Bitcoin has become powerful among other currencies and cryptocurrencies  ?

In fact bitcoin is increasing exponentially in volume and numbers of transactions which will get us to the hell of thinking that bitcoin may take the lead of other cryptocurrencies if we don't say that it will take the lead of traditional currencies.because it has power which can fortify its presence in today world.

I think that not because bitcoin is the first cryptocurrency and being as a new innovation but because also that  the community behid bitcoin have never left bitcoin alone. Many companies have invested in bitcoin and are still working with it, sometimes it is overrated sometimes undervalued.
Yeah i agree with you it is not depend on what or who is the first in crypto it is depend on the popularity and what is the most trending in crypto. And nowadays bitcoin has a power because time pass and pass many people use bitcoin as a money.
People giving preference to it as currency is one of the reason for it to be more stronger than many other assets. Soon within years after its innovation bitcoin has got more power in it. This was not felt by the people and it took years to reach people as early day usage was on illegal needs.