Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is the most dominant?
by
coinholic
on 29/04/2018, 09:09:50 UTC
Why bitcoin is the most dominant among all crytocurrencies?
Is it because it is the first crytocurrency?
Yes. This is a given. Whoever or whatever came first usually dominates.

Why bitcoin is the most dominant among all crytocurrencies?
Is it because of its popularity?
Yes. Since Bitcoin is the first, it's normal for it to gain popularity over the other currencies. Popularity brought about by media, community, and even governments.

Why bitcoin is the most dominant among all crytocurrencies?
Is it because of its value?
Yes. Due to the demand and supply ratio which led to Bitcoin's high market capitalization made it the top and dominant digicoin at present. I believe that the only time Bitcoin will be outthroned is when the last Bitcoin has been mined. Now that is still a pretty long time from now.