Bitcoin Forum

What you think bitcoin will overcome by other cryptos in the market ?
As transaction speed and fees are too high with the bitcoin now a days..
Where other cryptos provide less transaction fees and fast transaction.

The last block included a transaction of $8000 worth of BTC, that cost $0.01 and took 1 minute: https://blockchain.info/tx/2d7a1605ed319ac3e2cf281390ca6dd8252df9479dc5aef8bb2f4ef387360cf7 (https://blockchain.info/tx/2d7a1605ed319ac3e2cf281390ca6dd8252df9479dc5aef8bb2f4ef387360cf7)

In what world is that too slow or too expensive?

No, there is no such currency either crypto or fiat both can not overcome Bitcoin because of its value and low transaction fees. If other cryptos have transactions fee lower than Bitcoin but the profit will be less because profit depends upon high and low values or prices. How valuable your crypto is?

But bitcoin is now recognized as a parent of cryptocurrency and blockchain technology. Although the technology itself was invented before bitcoin. Of course, a lot of cryptocurrencies is a Scam. But some cryptocurrencies imply unique developments. And if these developments are usr=pedestrian, then such cryptocurrencies can displace bitcoin.

This is not a competition, all cryptos are in the market together and the price of one, affects the price of all. If bitcoin prices go down, they follow suit and if bitcoin prices go back up, other cryptos start going back up too. Bitcoin was the first and it is the reason we even have a cryptocurrency market. It is not a competition, they're all just trying to keep their heads above water.

I think that if there is ever going to be a currenty that features something that the bitcoin network doesn't ( for an example, if a new way of processing faster transactions would be founded and would be adopted by a new coin), soon enough bitcoin will catch up and also adapt this technology.

The whole cryptocurrency community knows about bitcoin and supports it, and bitcoin has been proved to keep a value for 9 years, I can't see a reason how it goes away.

What ever the cryptos emerge top in the market. Concern coin will be goes to slow speed like bitcoin we see now. There are many people thinking that swapping the cryptos will stop the transaction speed and fees amount.
If there is segwit activation goes further on bitcoin, you will find the transaction speed issue has been resolved buddy.

at the moment its not entirely about Fees and Speeds. There are other factors which
have to be considered like adoption by investors, thats you and me, adoption by
merchants willing to accept crypto as a payment option and currently BTC has the
greater of both! it is easier to buy goods and services with BTC online more than
any other crypto.

Comparing bitcoin to other coins will not make it easier for your investment. First, bitcoin's transaction fee is higher compared to thers because it has higher demands. Second, the price of bitcoin is still the highest because of again, demands. Lastly, there will be no other coins that can overtake bitcoin eventhough they provide lower transaction fees. I think it is all depends on thee exchanger you are using.

In my personal opinion, I don't think there is a crypto that is bigger that Bitcoin. But, for small investor, they can always turn to altcoins.

Bitcoin purist will agree with you. I just want the best tech to win