Why bitcoin become very popular

[hani20980]

A few years ago most of poeples didn't heard about bitcoin and a few peoples was using Bitcoin the bitcoin
price before 2017 was between 100$ and 500$ so what do u think make bitcoin become very popular and very expensive ?

 

[Anis Boukezzoula]

the price will simply make a great reputation for this crypto, also when we heart people that's could be millionnaire from Bitcoin will encourage more people to learn about it

 

[Vladv26]

Because bitcoin is a safe and anonymous way to send money anywhere in the world almost instantly or in a very short time

 

[Braga13]

Bitcoin is the future ... It seemed to spread over time. All huge transactions are being carried out on his way, and countries have come to accept him with the passage of time

 

[Ureka]

Bitcoin is one of the very few Cryptocurrencies that first came out, and Bitcoin is relatively safe and it's anonymity too, and I think the main reason is because Bitcoin has continued to increase in value ever since it was created

 

[Ehizzy1]

I think due to good reviews and influential individuals using social media to advertise the use of bit co in,so this made it more popular i think

 

[Niftyyem]

Bitcoin became popular because it was the first crypto ever and the surge in price created more awareness for the coin.

 

[Ehizzy1]

Bitcoin became popular because it was the first crypto ever and the surge in price created more awareness for the coin.

Sure i think assuming bitcoin just came out when there was another existing coin it might not have the attention it is having now

 

[Niftyyem]

Sure i think assuming bitcoin just came out when there was another existing coin it might not have the attention it is having now

Yeah! Bitcoin being the very first of its kind is definitely working in its favour.

 

[Bookwormlux]

One of the contributory factor to Bitcoin's popularity is the fact that many sites use it to pay member. For example, most forum posting sites pay members via Bitcoin. This would make a member who hasn't heard of Bitcoin to create a Bitcoin address, this creating awareness.

 

[ahmedo24]

Year 2017 was the year bitcoin broke the yolk because of the that was the year it became very popular has it had a bullish run especially between the month of November to December.

 

[WhiteHouse]

When the block chain technology broke out, the first Cryptocurrencies that came out then, Bitcoin was among and from there on it has been relatively accepted by people.

 

[ahmedo24]

When the block chain technology broke out, the first Cryptocurrencies that came out then, Bitcoin was among and from there on it has been relatively accepted by people.

That's the true ,it is the first Crypto currencies we all witness and it has been growing so it will definitely be a popular coins and most people rely on it than other

 

[greenie]

bitcoin has been widely publicized and everyone has heard that you can get rich and that motivated them to study this currency.

 

[Josemendez]

Being the first cryptocurrency in exsitence , it's popularity in addition to 2017 rise can also be attributed to the fact that it is tradeable , that is it can lead to gain .

 

[Naz Noshin]

A few years ago most of poeples didn't heard about bitcoin and a few peoples was using Bitcoin the bitcoin
price before 2017 was between 100$ and 500$ so what do u think make bitcoin become very popular and very expensive ?

I think it is the first and new currency in Cryptocurrencies area. People supported this currency in the start and keep investing in it.
"Support" is important and main thing to give anything, project or work success. So that's why it became successful like this.

 

[Peterlight]

People like to invest and hear about things that are profitable and the price of bitcoin since it was invented is surely a suprise for people and investment and how bitcoin have made few people millionaires without much work is TRUELY a miracle. That's why bitcoin is more preferably

 

[Naz Noshin]

People like to invest and hear about things that are profitable and the price of bitcoin since it was invented is surely a suprise for people and investment and how bitcoin have made few people millionaires without much work is TRUELY a miracle. That's why bitcoin is more preferably

Yes, but may be any other coin compete Bitcoin and reach at first place. Everything is possible now a days because of support of interested people

 

[Naz Noshin]

Because of it high growing profits rate, over the years bitcoin has increased speedily and has attracted alot of people

Yes, but you can say it luck . It became demanding because of luck and attention of people.

 

[Ralphjoe]

I think what made Bitcoin became this popular was first because it's the first cryptocurrency at that time, it provided an anonymous way of paying for things online. Then what actually pushed it forward was it's price that later kept on increasing. This is what is making it so popular currently among all cryptocurrencies.