Why Bitcoin is the most popular currency?

[Atrocsius 80]

I think this is because of it was first crypto currency which got huge and also because it is easy to use, you can easily buy it and spend, a lot of companies nowadays takes it and around the Internet it is really common. Find any site where you are making any purchases and probably you will find payment method with Bitcoin.

[DanielaM 46]

I think it is the most popular because it was the pioneer in the world of cryptocurrencies, it was the first to be known, and almost everyone already knows that it is a digital currency, it has brand recognition, also because its price is the higher in dollars. 

[TommyMoonD 46]

security, easy access and decentralization are the biggest reasons why it's the most powerful and popular coin. a large part of trusting the coin comes from the fact that there is no need to trust at all. this system is completely open source and decentralized which means that anyone can access the entire source code at any time. so any developer in the world can carefully test how it works.

[kenzi 509]

Bitcoin is most popular because it gives a very good benefits to the investor's as the price of bitcoin keep on increasing no question of loss. Compared to other cryptocurrency bitcoin is top the list that's why it is most popular.

Edited October 8, 2020 by kenzi

[barancell12 89]

Bitcoin pioneered the crypto coin market. It is the most recognized and known coin by people. When it comes to the coin with the highest value, Bitcoin comes to mind. These are the main reasons.

Edited October 8, 2020 by barancell12

[Ecoloco2020 55]

Hello, the first reason is because it was the first cryptocurrency, it is the one that dominates the market and all the others are born from BTC, and are based on it, and it is the most reliable, something that at this time is very important.

[Adam adam 276]

It is the most popular because it is the first digital currency that was traded in 2009, and it is the mother of all currencies and the best of them.

[draxco 47]

Further, Bitcoin is more accessible, with more exchanges, more merchants, more software and more hardware that support it. Bitcoin is far more liquid, with much larger volumes than every altcoin. Bitcoin has the largest developer ecosystem with more software and more implementations than any altcoin

[muffix123 2]

because it comes out first and the volume ratio is too high.

[josss126 41]

There is something in Bitcoin that is very important to me....it has censorship-resistance which implies that everyone can transact with the network on the same terms, regardless of their personal identifying characteristics.

[luthfi_2a 110]

A very simple and short answer is that it is the first ever crypto currency ever mined in the world by a mysterious person or group of persons calling themselves Satoshi Nakamoto and it has become the most accepted crypto currency in the world so far.

[Marginalist 420]

The answer is so simple. Because bitcoin is the father of all cryptocurrencies and it already proven its power and reliability. So bitcoin is the best of all

[talattabi06 2]

In a certain period, you had to buy bitcoin to reach other crypto currencies.

[snabbacash 44]

Bitcoin is becoming an increasingly popular cryptocurrency...

 

Bitcoin ATM installed at Elon Musk’s Tesla Gigafactory.

 

Bitcoin ATM has been installed at the Tesla Fremont Gigafactory in Nevada.

It is not clear when the LibertyX ATM was installed but a view of Google Map shows that the facility attracted only one comment within the last nine hours as of writing. This is an indicator that the Bitcoin ATM might have been installed recently. 

 

https://finbold.com/bitcoin-atm-installed-at-elon-musks-tesla-gigafactory/

Edited October 11, 2020 by snabbacash

[shervin77 361]

The most important reason for the popularity of Bitcoin is its lack of focus.
And the large fluctuations in its price have made it very profitable for investors and traders.
Cryptocurrencies are more popular among capitalists because they do not pay taxes by trading large volumes and trade anonymously.
Also, cryptocurrencies are a universal currency that is used everywhere.
And the last reason a person's capital is encrypted in his personal account is the currency wallet and is not in the hands of any banking system or institution.

[jahanhabiba29933 377]

Bitcoin is generally a popular cryptocurrency because the market value of Bitcoin and the demand in the world market is higher than all other cryptocurrencies.  And this bitcoin is called the mother of all cryptocurrencies.  So finally Bitcoin is the most popular cryptocurrency.

[samiqqq43 1]

Bitcoin is the most popular currency because when people started trading it, its price was half a dollar, and now its price is more than ten thousand, so people want to invest it because of its large profits.

[Mir Hamza 2888]

Bitcoin is a currency whose value rises daily and decreases. It is a virtual currency. No one can predict about it. It is a currency that does not have any pressure on anyone and does its movements only on its own. From its movement, the demand depends upon it. The only and only reason that makes it free from sorrows is that there is no pressure on anyone and it does its own moment. 

[gbfisher 1815]

Yeah bitcoin is most popular because its the first digital currency and it has greatest projects. Thats why its demand rises day by day in crypto world and that place a huge impact on his price. Bitcoin popularity rises because its makes people rich. So every investor want to invest in bitcoin for achieving their goals. Btc have a highly volatile coin and its best for long term investment. 

[Niloy123 69]

Bitcoin is the most popular currency because this bitcoin currency can be profited by investing in a short time. In this crypto world you will get bitcoin of this crypto world with a small investment. And it is an online currency that has gained a lot of popularity now.  So you can use it.  Thanks for sharing.

[JanBomCrypto 494]

Bitcoin have a market cap of over $270 billion, even all the whole altcoins do not have up to bitcoin market cap, which signifies that the most popular coin is bitcoin. 

[AlfFusco 664]

Bitcoin is a popular cryptocurrency because it is the ancestor of everything,and now everyone knows about it, even those who are not related to the crypto world + it is in demand and good for investment and trading. That's why it is the top 1 crypto currency

[Aledar 48]

It is popular because when people think about crypto first thing that goes to their mind is bitcoin and i and think that bitcoin will not die only if criminals switch to something else then it might get lesser in price but in my opinion this will not happen i near future.

[Mark SI 3]

Well, to tell you the truth, btc is one of the highly-transferable platforms. when I bought btc, I realised that I can earn a passive income with it in 2020 and maybe transfer it to another place then. I went to crypto lending platform and got a loan. The exchange was on the low level and I got USDT. Now I just use them and wait until BTC price will go up. Everything is cool in this situation. By the way, I used CoinRabbit loan service, it has one of the lowest APR rate.

[Sonia Ali 507]

I think it is in demand all over the world so maybe Bitcoin is the most powerful currency in the world Development people trust in it. And so it has demand all over the world