Post
Topic
Board Economics
Re: Why Bitcoin has power nowadays ?
by
Nakakapagpabagabag
on 26/09/2017, 08:44:09 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  ?

Firstly ,let us define bitcoin by defining cryptocurrency briefly then pass to make a contrasts between Bitcoin ,Dogecoin and litecoin .
We hear always that bitcoin is the money of the future .this expectation can be taken seriousely when we see bitcoin nowadays and how much transactions executed per day which is surprising . we can say that bitcoin is a cryptocurrency and cryptocurrency is a money which is not traditional rather it is digital or numerical which works electronically ; the most common cryptocurrencies are Bitcoin , Dogecoin and litecoin and bitcoin has something special in contrast to others and this specialty is represented by the number of transcations made per day and its volume, so bitcoin and litecoin and dogecoin differ in their volumes which will interpret to us that bitcoin has power nowadays.

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.
Because of our time today many need the help of bitcoin especially people who are in short of money who do not know where to spend their daily living. As the user increases or supports bitcoin? its inflation rate is strong because of the large number of users and requires bitcoin assistance to increase bitcoin's inflation rate while increasing its users. Many have become suucessful that bitcoin has helped, so far it still uses even its rich or high levels of living. While bitcoin is growing now? Bitcoin exchanges to pesos are also rising. And while its value rises to the peso bill? Others are more appreciated not to sell it first because they are waiting for the change to rise again next time Smiley.