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Poll

What do you think?

Popularity
24 (77.4%)
Functionality
5 (16.1%)
Whales
2 (6.5%)

Total Members Voted: 31

Author Topic: Which one is the absolute reason why bitcoin remains?  (Read 9609 times)

Offline Calanth

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #15 on: December 29, 2020, 10:13:59 AM »
Yes, bitcoin is increasingly known as the king of digital currencies and the trend to invest in bitcoin is increasing and a lot of people are betting on bitcoin. The future opens up for bitcoin
Bitcoin is expanding on a global scale thanks to its growth that more and more investors get rich rapidly thanks to bitcoin.

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #15 on: December 29, 2020, 10:13:59 AM »

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #16 on: December 29, 2020, 10:46:36 AM »
Bitcoin was the first cryptocurrency pioneer who didn't accept it at first but it proves to us that the blogchain is perfect and it has been adopted by users and it is thriving in future
« Last Edit: December 29, 2020, 08:11:01 PM by Esperanza »

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #17 on: December 29, 2020, 11:05:51 AM »
Bitcoin is on the rise so fast we must race to capture Bitcoin's growing trend and increase in value. A future is opening up for bitcoin

Offline Dora Walletinvestor

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #18 on: December 29, 2020, 11:16:23 AM »
I find it hard to choose from these three options. Maybe functionality? In the sense that with bitcoin we got a financial system that is very different from the way we are used to thinking about money. That's what makes it popular, and I guess bitcoin couldn't do much without its popularity, so I voted for this option. I think whales are more the result of bitcoin's resilience, not the cause of it.
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Re: Which one is the absolute reason why bitcoin remains?
« Reply #19 on: December 29, 2020, 11:33:00 AM »
Bitcoin more and more people know that the price of bitcoin is very high and growing more and more money is injected into bitcoin.

Offline Gostudio

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #20 on: December 30, 2020, 01:39:20 PM »
I think the reason why Bitcoin is still standing despite of its rising and falling is because of its Decentralized system, business minded people was attracted with this kind of system. Another factors to consider about its sustainability factor are Scarcity, Divisibility, Utility, and Transferability. Bitcoin also dominates all alts becuase of its influence and the people at the back of this particular coin.

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #21 on: December 31, 2020, 01:53:39 AM »
Bitcoin is always ups and down in the market and sometimes remains down for the long period of time and yet we still seeing it in the market and dominating all the crypto. Which one do you think is the biggest reason?
In my opinion, the market is a sensitive area that is able to react as quickly as possible to slight shifts in conditions. However, in recent times, market fluctuations have not lasted too long. And in fact, Bitcoin is still the most powerful at the moment, with a high and relatively stable price

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #21 on: December 31, 2020, 01:53:39 AM »


Offline arnold dudicove

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #22 on: December 31, 2020, 02:34:52 AM »
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Offline Wedhus Balap

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #23 on: December 31, 2020, 06:07:16 AM »
Bitcoin is always ups and down in the market and sometimes remains down for the long period of time and yet we still seeing it in the market and dominating all the crypto. Which one do you think is the biggest reason?
Agree, in a relatively long period of time, Bitcoin is still the king. In my opinion, apart from the market mechanism, there are invisible manipulative movements that can influence and trigger everyone to buy it

Offline Muneeb22

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #24 on: December 31, 2020, 09:55:59 AM »
Popularity is the main thing in the crypto market and peoples will buy the Bitcoin and invest huge amount in this coin and also peoples will start trading in this coin and make good money that is the reason that it go high so much.

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #25 on: December 31, 2020, 10:19:05 AM »
Bitcoin is always ups and down in the market and sometimes remains down for the long period of time and yet we still seeing it in the market and dominating all the crypto. Which one do you think is the biggest reason?
The absolute reason why Bitcoin remains is because of popularity. Second is the functionality and third is whales. I am not sure for the exact order but for me popularity is the root of all this because that is where people build it's trust to Bitcoin use it as what it is intended for but investors find Bitcoin a good and profitable investment so here comes the whales.

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #26 on: December 31, 2020, 10:48:16 AM »
Popularity is reason why bitcoin remains. Also Bitcoin’s price increase can also be attributed to its stock-to-flow ratio and deflation. Should Bitcoin continue on this trajectory as it has in the past, investors are looking at significant upside in both the near and long-term future. The price increase is a reason to stay.

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #27 on: December 31, 2020, 10:53:46 AM »
I have voted for popularity, but I also believe that what makes Bitcoin remain is the freedom that it can give anyone anywhere in the world. There are no longer borders, governments or banks telling us what to do, no matter how hard they try. But it is also true that large investors and whales are very interested in Bitcoin being more alive every day.
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Offline Gostudio

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #28 on: January 01, 2021, 06:54:28 AM »
I find it hard to choose from these three options. Maybe functionality? In the sense that with bitcoin we got a financial system that is very different from the way we are used to thinking about money. That's what makes it popular, and I guess bitcoin couldn't do much without its popularity, so I voted for this option. I think whales are more the result of bitcoin's resilience, not the cause of it.

I chose functionality. Bitcoin gain influence because of its function to serve its clients. When Bitcoin gain influence because of its function, it attracts more whales. So in my own perspective, the reason is functionality why bitcoin is known and still at the top among all cryptos.

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Re: Which one is the absolute reason why bitcoin remains?
« Reply #29 on: January 01, 2021, 07:03:07 AM »
Popularity is the main reason why Bitcoin is still surviving but we can't drop its functionality aspect aslo. Now it's very difficult to find out a civil person who actually didn't hear the word "BITCOIN" ever. Now popularity is on top level achieved. Functionality is also now growing bigger to more bigger for its widespread use in financial and non financial sectors. Popularity here will win even in case of using functionality.

 

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