Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin so popular? Why has no other coin become popular?
by
Dzwaafu11
on 05/05/2024, 17:17:50 UTC
Despite having many coins, how did this bitcoin become so popular? Why is this coin so popular? Why is it so popular?

Yes, Bitcoin has become the most popular cryptocurrency because it was the first cryptocurrency created, and it has been in existence for a long time now, with a positive impact on the lives of those who believe in it. Furthermore, another reason why bitcoin is very popular is that since it was created, there has been nothing like some that has been scammed by Bitcoin or that has crashed before the currency has been there for a very long time now, although one of the reasons why it is more popular is that many coins have been into cryptocurrency and they did not last like bitcoin; many of them crashed while some of them disappeared from the market.

Aside from being the first one, it is just the only coin most of the people here are supporting. There are still people who doubts its potential but personally, we've seen enough; deep dips to highest highs on its market price. Most of the crypto projects are also using its chain which makes it not surprising to know how big this token is, as it  is being shown by its potential. There are other coins which are gaining popularity as well next to Bitcoin; Ethereum, Solana, and the likes. It is just no other coin can match to its popularity; Even Ethereum which is also a large network is perceived to just be next into it.

yeah. Bitcoin has more supporters than any other crypto currency. However, many individuals have become millionaires through Bitcoin, and that is why many people still believe in it because it continues to grow and also because of how it works and the freedom it provides.

You know that with the kind of challenges Bitcoin is facing from the government, if it's another coin that is yet to be popular, I don't think it will be in existence anymore because they will do everything to ban it completely, but up until now, Bitcoin has been growing in the world.