Post
Topic
Board Bitcoin Discussion
Re: So Bitcoin is King.. why is it?!
by
Lucas Kronenberg
on 05/05/2018, 16:17:09 UTC
The fact that bitcoin dominates the crypto-world is certainly a fact. There are several reasons why bitcoin is a leader and is not going to lose its position.
1. Recognition (pioneer factor).
2. Record showed stock quotes.
3. High capitalization threshold.
4. The index of dominance.
5. Network effect.
6. The global spread of the Blockchain.
7. Periodic implementation of new algorithms.
8. Application as a means of saving.
9. The adoption by retailers.
10. Volatility.