Bitcoin Forum

I just want to find a secure and decentralized alternative to bitcoin

Which blockchain could become just as decentralized as Bitcoin?
Where could I store my assets in an emergency if there are no more bitcoins?


Bitcoin:
Bitcoin is not a currency that we will use for everyday, it is more like gold that will be used to store our wealth.
I don't think we're going to see much bitcoin in the future because big money managers and governments are going to grab bitcoin.
The BRICS currency is coming soon and it will be backed by commodities.
The most valuable commodity that can save the dollar is Bitcoin.
With the Spot ETF, large asset managers such as Blackrock or Fidelity will grab a lot of Bitcoins.

What is left for us then?
Exactly as good as nothing!


Ethereum:
Currency will be CBDC or USDC/USDT, as stupid as it sounds, most people let governments guide them and that's why I'm pretty sure most people will use CBDC.
CBDC are created by smart contracts, and there are already some CBDC that will run on Ethereum.

I think Ethereum will dominate the currency industry, the blockchain is in eyes of the government perfectly suited for this.
I also think Ethereum will never bee decentralized as Bitcoin.


Cardano:
They are working on one of the most secure blockchains.
They proceed scientifically before there are changes in the blockchain.
Cardano’s Proof of Stake also works a little differently than Ethereum’s.
They also focus on AI and ML.
They use one of the most difficult and safest programming languages.
There is no foundation that has the power like ethereum.
Hoskinson says Cardano will be 100x more decentralized than Bitcoin.

For these reasons, I strongly believe that Cardano will take over the DApp market instead of Ethereum.

Would Cardano come close to Bitcoin in terms of decentralization? ( by using artificial intelligence and machine learning )
Would they have to switch to Proof of Activity for this?

What's left for you is to grab as much Bitcoin as you can afford. They will buy more Bitcoin and keep it as part of their holdings; they will trade it and make profits for their investors. Micro Strategy is holding a huge amount of Bitcoin, which its investors are entitled to according to their shares.

The Bitcoin ETF and those large asset managers purchases are not going to buy off the entire Bitcoin in the market; they will only purchase what they budget for. Instead of Bitcoin being completely off the market, it will only become more expensive as the demand will increase, so buying more and holding is what I think is left and has always been the alternative option.

All altcoins appear to be centralized, as Bitcoin is the only digital currency that appears to be completely decentralized (correct me if I am wrong).

And you think if there's no bitcoin other coin would survive??
I can say with all assurance that if there's no bitcoin today all other altcoin will fold up by dumping 99 percentage.

Nothing comes close to being what bitcoin is & what it offers humanity, both now & in the future. Bitcoin is the single, greatest monetary innovation of our lifetime. Some people will profit handsomely from alts but no altcoin can compete with bitcoin as a combined package.

I see people saying that nothing else comes close to Bitcoin and I don’t really believe that is true. I believe there are many superior coins out there that do a better job than Bitcoin. However, what makes Bitcoin special is the original distribution being more fair than anything else ever can be, as well as the mining network securing it being extremely powerful.

If you were looking for the closest thing to Bitcoin though, I would point to Namecoin.

That doesn't make any sense. What do you exactly mean by "No more bitcoins"? because there will always be available bitcoin in the market. A world with zero BTC sellers is nonexistent.

I think TRX is very good for investment. this altcoin price maybe rise really high in the next bitcoin halving, bitcoin price also influence altcoin price. people really use TRX in real life. in my case, I usually use this cryptocurrency to buy game items. today, many people like to play games whether only for having fun or become game streamer, it is a big industry. I think their market target is very clear and promising. also if you want long term investment, staking this coin also profitable.

While you're correct and I would agree, It is only time until a more capable cryptocurrency comes up from the ringer and beats bitcoin out of the top spot at least in utility, market cap-wise it's a tough opponent to best I would say that much, but utility and overall popularity, it could be beaten with a token with proper utility and popularity and since this industry moves so fast to innovate it's not gonna be surprising to see projects out there creating the next bitcoin-killer.

Anywho, it's part of an industry that relishes on innovation, sometimes projects that do not provide the best interests of the people contemporarily, regardless of their stature in the market are left in the dust eventually for a project/token that's more useful.

Just a heads up that a coin being useful doesn't automatically mean it's a good investment. I think Tron can be really useful for cheap stablecoin transfers, but I also think that there are far better altcoin investments out there.

Friend, I honestly do not understand this point, but let me explain why we are here and I hope I am not wrong, Bitcoin will never cease to exist, it will always be present... why? Well, basically the BTC is limited to 21 million, and this feature makes it unique and valuable. As people continue to mine new bitcoins, they are added to the total supply, but there will come a time in the future when that 21 million limit is reached and no more will be created at this point. However, this does not mean that bitcoins will disappear or as you say "if there are no more Bitcoins". Existing bitcoins will continue to be available for use and transaction. Also, because a bitcoin is divisible into many smaller units called satoshis, there will always be enough to carry out smaller value transactions.

Here I leave a source so you can investigate a little more:: https://www.blockchain-council.org/cryptocurrency/how-many-bitcoins-are-left/#:~:text=As%20we%20already%20know%2C%20one,bitcoins%20have%20already%20been%20mined.

Now in that case, and we all end up being wrong and you end up being right, one day suddenly Booom "the Bitcoins disappeared", I would recommend having a well thought out backup plan to make sure that your assets are protected. For example, you could choose to use hardware wallets or invest in another cryptocurrency that has potential or matches BTC (assuming its value doesn't drop extremely "because there's no BTC")

You are talking about CBDCs and their use in the future. CBDC will become a thing in the near future and will probably replace the paper money we use today. If and when that happens, you'll have no other choice than to use it as your country's fiat. CBDCs will first go hand in hand with traditional paper money but will slowly replace it. The Scandinavians will surely be among the first to get rid of any leftover paper money as they are already walking down that road.

Regarding alternatives to Bitcoin, no other coins share the same features as Bitcoin. That doesn't mean that I don't use some of them, but I am aware it's a completely other world. The next best things after bitcoin is monero due to the inbuilt privacy features.

Other coins will never be identical to Bitcoin. The primary reason for this lies in Bitcoin's unique characteristic of having no centralized team to exert influence over it. This fundamental aspect ensures Bitcoin maintains true decentralization, setting it apart from all the others that rely on teams capable of influencing their respective coins. Moreover, some alternative cryptocurrencies face challenges from law enforcement, causing disruptions that do not affect Bitcoin, as no individual or entity can be arrested or punished in connection with it. While there may emerge newer coins with enhanced security features compared to Bitcoin, it is unlikely that any will match the genuine decentralization that Bitcoin embodies, making it an enduring symbol of a truly decentralized cryptocurrency.

I am not very expert in trading but you question seems so childish. Because if you look at the dominance of BTC then you will understand fhat the half of cryptocurrency market capital is covered only by BTC. Then how any other coin like ETH or Cardano or any other would compete with it. Even if you compare the Trading volumne, hype, use cases, adoption rates, most prefered in business, legal tender, passive source of income, and etc. Etc. I could make a long list of factors.

Which will distinguish that how much BTC has the potential that no other crypto coin made it possible to reach near it. Oh, if you differ them by applying the filter of "Token" and "coin" because both are two different things then half of the rivals of BTC will be out of competition because they are token and BTC is a coin. I hope you may know the difference between them. So, overall answer is no cryptocurrency has the potential to come near BTC.

The maximum supply of bitcoin is  21 million and all of them will not be mined at once. It predicted that the last bitcoin will be mined around the year 2140. There is no way bitcoin will not be on the market because there will always be sellers and not everyone will sell to whales. Therefore, there is no need to rush or engage in panic buying because you will always have bitcoin to buy. The only issue you can consider is the price in the future. Bitcoin might become very expensive in the future and some persons might not be able to afford it.

I have seen people argue that some altcoins will compete favorable with bitcoin. But I have not come across such a coin. Bitcoin seems to be the pathfinder in the cryptocurrency space. The gap between bitcoin and altcoin is so wide that I doubt if any of them can come close to bitcoin price and recognition. People might be making so much profit from altcoins but the rate of fall of most of them is very alarming.

with no more bitcoin i mean:

When there are no more bitcoins to buy because big companies like blackrock and governments will buy and hold everything away to back their ETF and fiat.

There’s none and none will be as decentralised as bitcoin in future times to come. The software bitcoin was created on is very exceptional from the rest. Being the first cryptocurrency to exist, it already has a huge potential ahead of the rest. They can’t beat the reach.



This statement is false and a statement like this will never come to past. What will make bitcoin go into exile and they’ll be no any to own again? Maybe you haven’t known much about bitcoin. You should try and learn more on bitcoin distribution.

If we are going to talk about decentralization,  I really don't think we have Blockchains that fit this profile wholly without any controversy or links of being run in a centralized way.

But just for the sake of avoiding being paranoid about security and all that, personally I don't mind using binance chain, tron etc **ethereum Blockchain is a no for me as third parties add high fees on transactions which isn't justified even after the fork**

Which Blockchain? Well let's just say all blockchains are unique in their own way and have their shortfalls which shouldn't stop us from using the alternatives available,  but to fit this profile maybe Eth comes close ::)

And incase of any emergency if BTC isn't an option? I think any Blockchain with low transaction fees should be good otherwise BTC is going nowhere :)

I think coins like Litecoin and Dogecoin are closer to Bitcoin than Ethereum and Cardano. And this is because the nature of the blockchain. In other words, if you have to migrate a project from bitcoin to another blockchain it will be a complex task with ETH but an easy task for LTC, because the way it works is really similar.

To understand what cryptos are closer to bitcoin you need to see the technical side of the coin, how close is the fork to bitcoin, and how decentralized is its network.

with no more bitcoin i mean:

When there are no more bitcoins to buy because big companies like blackrock and governments will buy and hold everything away to back their ETF and fiat.


but cardano still has some plans to become decentralized, they are working on becoming the most secure and decentralized blockchain.

Yea, first cryptos which came to mind were Litecoin and Monero as others have mentioned above.

Personally though I cant see anything other than Bitcoin because its open source, the massive backing
of miners and node runners and its ultra secure network.

Altcoins come and go, get replaced and fizzle out - not so with Bitcoin so I dont want to put energy
into something which may not necessarily be around in the near future.

Before thinking about plan B, I think you should focus more on Plan A which is buying more bitcoins now while you can. Bitcoin will always be in circulation because in the future, more people will be using bitcoin as a payment option.

If you want a second best cryptocurrency for privacy, I recommend Monero. Transactions are private and it’s easy to maintain your privacy while making transactions. Monwro isn’t a pump and dump coin. It’s utility makes it a very valuable coin to buy.

Other altcoins are duplicates of bitcoin and I don't see why any of them will be better off than bitcoin when they are all centralized. Bitcoin can never be no more but will keep on increasing in value due to its nature of decentralization.

The fact is that bitcoin will be very expensive in the nearest future  and I don't think that I can see any of those altcoins that can go into competition with bitcoin in the next 10 years,because bitcoin halving has made it unique and other altcoins depends on the price of bitcoin movement for them to survive.

hmm i dont think Bitcoin always be in circulation because it will not be using as a payment option.

It is used more like gold.

- To keep wealth
- To cover spot ETFs
- To cover the dollar (like in the past with the gold standard)

The OP should think about the situation, if there are no more bitcoins, what would happen to the crypto market?
Would still be worth holding other alts if bitcoin is not present? I don't think so.
But considering second best alts, don't look too far, check the top 10 or 20 alts and see which ones have their solid reasons to survive.
ETH and BNB are my choices though. But need to keep up with their developments as you'll never know what's gonna happen next in this market.

Ethereum is second to only Bitcoin in my opinion. Bitcoin will all be the biggest and greatest but Ethereum is pushing the bounds and unlocking more use cases for blockchain and cryptos. As much as we'd like to only have Bitcoin for transferring value, it was hard to represent other use cases. Right now we can do:
-DeFi (swaps, borrowing and lending)
- Digital collectibles etc.

More innovations will come to Bitcoin and all of crypto.

I should stop looking too much into the future.

If it should really be the case that not so many bitcoins can be traded on the market, then there will definitely be good alternatives by then.

Speculating about this scenario now makes little sense, because there is currently enough Bitcoin to buy :)

I don't believe there will be a moment when there will be no more bitcoin; we can't predict the future or what will happen to bitcoin after now. However, due to the way bitcoin was founded and built upon, the policy on which it runs does not have a consensus with regard to expiration or bitcoin going into exile.


I understand your point, and the risk of that happening is real. As there is a limited supply of bitcoin, if large corporations band together to keep them all as a store of value without selling them, there will be no more bitcoin for me or you to hold after that. Bitcoin will not be in circulation, and large corporations will have complete control over it. I hope there is more to this and that in the future, not a few large persons own and manage bitcoin.

Exactly, there will always be enough Bitcoin for you to buy, no matter the situation of the market; an increase in demand won't result in an increase in price. There will always be Bitcoin available for trading on the exchanges, both CEX and Dex, so you shouldn't worry about that.

Even if you want to invest in altcoins, don't use "No Bitcoin" as an excuse because that's never going to happen. "Bitcoin" will always be there, with or without value.

Over time the technology is getting advanced and the same makes the new ones into the market better than the already existing ones. This is the fact, but for some reason bitcoin to reach close to bitcoin is really tough and we can't say there are no one close to bitcoin. It is sure that more altcoins are highly progressive than bitcoin and profitability, but to identify and to be successful out of it is very difficult.

You are absolutely correct that there will be always Bitcoin available in the market as long as new bitcoin are being mined and miners continue sell them in the market. Miner receive Bitcoin as reward for their mining efforts and they will continue receiving it  until 21 Million Bitcoins are mined. However, It is possible that there could be scarcity of Bitcoin in the market as the reward decreases overtime , potentially driving its price up. Despite this, there will be always individuals willing to sell their Bitcoins and book their profit, as long as there is demand for Bitcoins. Buying and selling activity is basic function of all type of markets including Bitcoin market . This activity will undoubtedly  continue in the future, as well.

The entire crypto market depends on bitcoin, if bitcoin goes away, I don't think this market will exist for us to play anymore. From what you say, it sounds like you are putting your entire fortune in bitcoin, and that is not a wise idea. Bitcoin is a decentralized asset but that does not mean it will be safe. You should diversify your assets into other non-crypto assets instead of just pouring all into crypto.

By the way, there will be no altcoin that can be an alternative to bitcoin. Bitcoin remains unique in the market as it was not made to be the investment we see, so it will always be different from the rest.

I would say that nothing really comes close to Bitcoin when it comes to decentralization and security. Now, the second in line is, of course, Ethereum but this is considered to be less in terms of being decentralized though in terms of market share they are next in line. There are now many good alts that offer many good features and some are targetting specific niches of the crypto market - which is expanding globally. The market is very much exciting these days and I am sure that 2024 will be an explosive one most especially if Blackrock's ETF application is approved finally by SEC.

You may be right to some extent, but still I would disagree with you. Bitcoin is not going to be replaced by another crypto-currency and I truly believe that there isn't a crypto-currency that's truly as powerful as Bitcoin, I know that few of those crypto-currencies might have many features that Bitcoin lacks, but still Bitcoin is the king and none of those currencies would be able to dethrone the king. The Bitcoin is the real initiator of all those projects, and they still depend on the value of Bitcoin because if Bitcoin losses value then all of those will lose value within minutes.

I would stick with my statement because there isn't a crypto-currency as famous as Bitcoin, and the userbase as well as the community of Bitcoin is doing very well for its success. The other coins don't have a such huge community as Bitcoin, and even if few of them are famous but still they lack decentralization and fair distribution. I have never heard of Namecoin before but that project seems a good one, however even that one won't be able to compete Bitcoin in any way.

Yes, big money managers and governments would probably try to get their hands on as much bitcoins as they can. Who wouldn’t? They all know the great potential bitcoin commands now and later on in the future. The rush on their part in acquiring and holding bitcoin should send a clear and concise message to us regular folks who aren’t big money managers. Buy and hold bitcoin whenever you can.

We’ll definitely see bitcoins in the far future. It would be more scarce than it already is, thus increasing considerably in its value as the demand steadily increases.

While I think we’re most likely still going to see bitcoin and its use in the future, I think we’re going to see a whole lot of central banks of various countries issuing their own digital currencies. I think people would be more inclined or left without much of a choice than to use these digital currencies issued by the government. The beginning of the end of the paper money era is in sight.

What’s left for us then? The best option is to now prepare yourself for what is to come so you wouldn’t be looking and asking this same question then.

Before Ethereum and the other existing cryptocurrencies appeared, bitcoin had already originated, so the competition and the desire to surpass it and obtain the crown becomes a very close situation. Bitcoin has come to conquer hectares of land in practically the whole world in a fairly short time, since it was in 2009 that this asset appeared for the first time as an alternative to carry out transactions in a different way from the traditional way and thus free people from the limits and control of their assets, a quality that little by little was considered attractive by users, gradually gaining popularity, and not only that, but the increase in its value also caught the attention of people ... it is surprising that despite its volatility it is There it has managed to be worth so much, we have only been 14 years since its inauguration and even so it reaches considerably high values, that's why I think that even if the other altcoins try to both improve and reach the same dominance that bitcoin has achieved, it will not be enough, so the possibility that they can even level seems practically impossible to me.

This is not possible. No big companies is capable of buying and holding the entire bitcoin. Bitcoin will be available for transactions as long as you have money. If you are thinking of where your investments would be safe then do not think apart from bitcoin. As the bitcoin leads, all other alt coins come close because they have similar potential with some better than other. It's now your responsibility to study them and choose the one you want to invest in.

This is your opportunity to buy, don't wait till there's no more bitcoin despite such thing will not happen. It is also not too bad to invest in some alt coins that seems to be doing good for short profit and of course with full responsibility of bearing the risk if it backfired.

Did you mean BRICS currency is actually a currency? you've said this currency is backed with commodities, commodities price is unstable, this mean there's a volatility. If the BRICS currency is stable, it's not 100% backed with the real commodities.

If Cardano use proof of stake, it's mean Cardano is less decentralized than Bitcoin. So you're trust in Hoskinson's words? there's no way to verify human words. There's no way to verify Cardano chain is the most secure.

Bitcoin or cryptocurrency is a financial market where buying and selling will always take place because that is how traders make profits. Moreover, in the market, not everyone will buy and hold bitcoin, traders are still holding a larger market share than holders. So worrying about no more bitcoins to buy is absurd.

By the way, if OP is looking for a decentralized and secure cryptocurrency like bitcoin, you will be disappointed because there is no coin like bitcoin. All are centralized, including ETH or ADA you are referring to.

The OP thinks if Bitcoin cease to exist that other alternative cryptocurency will continue to exist. Without Bitcoin there'll be no cryptocurency market as everyone would had lost trust in the market. Bitcoin is the reason why the market is still functioning and very popular.

Other projects look up to becoming as successful as Bitcoin has become so if Bitcoin cease to exist, you might as well take your money out of the cryptocurency market as it will collapse heavily as tokens will be dumped. If there's an emergency store your more in stocks.

I don't think any other cryptocurency comes close to Bitcoin. It's Bitcoin or nothing else. Other altcoins can be easily manipulated and if anything was to happen to Bitcoin, whales will take that opportunity to manipulate the market and buying other coins put you at risk.

⚫ Hmm, First of all, buddy this is a fact that currently, Bitcoin is not regulated so we don't consider it in our day-to-day trading activities but the sole motive for the BITCOIN development was to present a solution for global currencies in cross-border transaction and day to day usage. Bitcoin is considered a store of money or simply you can call it digital gold but that is its side merit, it was not the actual mission.

⚫ For the ADA I am not sure whether it will be the D-apps market king or not because ETH is already dominating the market and there are other major challenges for ADA in this domain. I was very hopeful for the ADA to be the next defi king but it didn't happen,. a few of their own mishandlings

Whatever the supporting reasons, no money can replace Bitcoin. The existence of the understanding created by Bitcoin is preserved only by the continued existence of Bitcoin. I don't think there will be anything left when we take Bitcoin out of the equation. It is this feature that makes Bitcoin special. Bitcoin is a new concept apart from being a cryptocurrency. And you can't continue this mentality by delisting Bitcoin.

Better systems can be found than Bitcoin's. I'm not saying anything to this, but since the first step comes with bitcoin, a formation without bitcoin is unthinkable.

OP, this made me feel like maybe you could become the future world's richest or the first individual to become a trillionaire. The reason why I think so is because you already feel that you could exhaust all the Bitcoin, and perhaps if there's no more Bitcoin for you to buy, what other coin can you secure an investment in? But if I were to be honest with you, Bitcoin doesn't really have any alternatives; other Altcoins out there cannot really and fully be compared to Bitcoin, and perhaps if Bitcoin fails today, every other cryptocurrency might not be able to stand.

Also, I wish to inform you that only you can not accumulate all the Bitcoin, even if you start buying it now and keep accumulating it for years. Perhaps if you wish to diversify your assets, you could invest in real estate, stocks, bonds, and gold rather than risk your funds with Altcoins. just my opinion.

You really think so? I doubt that because something like Ethereum can't die because it's the mother of all smart contract on the blockchain, I know many alts are whacked nonsense but if Bitcoin goes down its true it will affect the whole market but some altcoins will survive, there is one thing I like about blockchain and crypto, they have their different fields of niches, Litecoin and dogecoin will still survive without Bitcoin, if I can erase Bitcoin right now, more money will escape from Bitcoin and flow into other.

I am a big fan of Bitcoin still but every projects have their disadvantages too, you and I know that Bitcoin is not perfect in every way, some projects exists to continue from where Bitcoin left off.

But why? You won't be able to find anything similar to Bitcoin. No shitcoin can compare to King Daddy. All other cryptocurrencies were created to imitate Bitcoin and/or make their creators rich eventually. So it's impossible to find a secure alternative, it's only a matter of time when the rug will be pulled.

Firstly, bear in mind that different crypto currency exist for different purpose. Bitcoin serves as a decentralized currency, Electrum does same but is well known for NFTs.
While BTC has had to come up with ordinals to close the bracket on NFTs, an investment in BTC will yield a lesser fraction of profit compared to Electrum or SOL or any other Litecoin, dogecoin, shitcoin out there.

The advantage of why we hold onto BTC is its reputation for having remained consistent in service delivery, security of assets, upgrade of its network because of congestion survival of 3 halvings and the coming of the next halving.

Besides the advantages of BTC, Electrum comes close with a price value which went from about $11 to around $1,892, increasing 17,103%, while BTC is >= $29,807 with a growth of 5,861%.

Some companies and governments already have Bitcoin, and I don't believe there will be a shortage in the market. According to what I've studied about supply and demand, if demand is low, supply declines, indicating that the price should be raised to avoid running out of supply. This is also true for Bitcoin. We can observe all of the transactions on Blockchain and we can compute in order to determine the marketcap or just look at the Coinmarketcap. If the market capitalization rises, so will the value.

Assume that the current marketcap of Bitcoin is doubled, and the value of Bitcoin is also doubled. So, instead of buying one Bitcoin, investor can buy half with his money.

In short, the higher the marketcap of Bitcoin the more it will become expensive. Therefore, there's always available Bitcoin in the market.

Besides the scenario that he brings forward makes no sense at all, if for some reason bitcoin were to disappear then there will be no coin in which you will be able to keep your wealth safe, as I am sure that in that case all altcoins will disappear as well as most of them are basically just copies of bitcoin with a tweak or two, while the few that are original developments based on the bitcoin technology will still disappear due to the lack of confidence that investors will have at the time.

I disagree with your point of view.  If there is no Bitcoin, there will be another decentralized cryptocurrency that will function like Bitcoin.  Blockchain tech is inevitable.  It is bound to be created and discovered.  If the first decentralized blockchain is not named Bitcoin then it will be named something else and the same pattern will happen.  Besides, if there is no Bitcoin then the capital injected on Bitcoin will be dispersed to the altcoin market.  It is a matter of equilibrium.

When it comes to cryptocurrencies like Bitcoin, there really isn't any.. Bitcoin is very uniquely one of a kind.  That being said, there's a reason there's countless cryptocurrencies out there, and that's because it's very easy to copy a blockchain...they are open source (at least some of them) so it's easy to get the code. 

Litecoin is the one I like in terms of "bitcoin like".  Charlie Lee I know and admire, and I think he works hard to make it "bitcoin lite", and isn't ever trying to replace bitcoin, but simply complement it. 

( I like Monero and ETH for very different reasons).

Ethereum's got some serious potential to catch up to Bitcoin. With its smart contracts and all that decentralized goodness, it's carving its own path in the crypto universe. Bitcoin's the OG, but Ethereum's like that ambitious little brother who's making big moves.

If I will only base it on the list, I will go for Ethereum.
We all know Ethereum got a different purpose than Bitcoin. Ethereum is popular because of smart contracts, while Bitcoin is for payment.
And another thing is the market cap, Ethereum is the 2nd highest market cap after Bitcoin so for me, there is a lot of money in Ethereum and for me, it is just showing that a lot of people trust Ethereum.

Bitcoin would be there even tho it would be more rare to get in the future. But as long as the exchange exist the liquidity would be there.

but if you want to diversify i would pick both of etherum and cardano because both are the long standing altcoin and community or dev keep develop the coin but i think the problem with eth is has unlimited supply rather than cardano but eth seems have burning mechanism so maybe it will be hit different

Even if ETH doesn't move to POS and doesn't have a burn mechanism, it's still a top altcoin and worth investing in. I don't think supply is too much of an issue for ETH based on what it brings to the market, keep in mind its potential and value are huge before it even has a token burn mechanism. But for comparison and as an alternative to bitcoin, both are not worthy because bitcoin is unique and no one can compare. Bitcoin's decentralization creates an unmatched security that no other altcoins can match.

Ummm OP, you want a decentralized currency...that is Bitcoin lol. Why would you want a bitcoin alternative to bitcoin?? The answer is Bitcoin of course. There is no alternative.

And I don't think you understand how currencies work. Yes, Bitcoin is a currency, not sure why you say it isn't. And it doesn't matter how much Bitcoin asset managers and the like scoop up, there are 2.1 quadrillion Satoshis, plenty to go around. And the more Bitcoin that investment firms scoop up the higher the price goes which means the less they can buy in the future. So this is not a problem and will never be a problem. There will always be bitcoin available, that's what the market is for. Every single second of every single day there will always be bitcoin available. You don't need to find a replacement for bitcoin, bitcoin is the replacement.


And no Cardano is not an alternative haha. It is not decentalized and it is not a currency. Never believe what the founder of an altcoin says. If you listened to founders of blockchains you would think every other blockchain is more decentralized than Bitcoin lol. They literally all say their token is more decentralized than Bitcoin, despite all of them being very centralized. It's all just marketing to try to convince you to buy into their altcoin. Cardano is a base token for an app network, just like Ethereum. It is centralized and PoS, not decentralized like Bitcoin. Also nobody uses Cardano haha. Hell, with all the ordinal crap on Bitcoin these days I wouldn't be surprised if Bitcoin has more 'Web3' activity than Cardano does haha.

There's pretty much only two things that matter in the cryptocurrency world. There's Bitcoin, which is money for humanity, and that is what you are looking for. And then there is Ethereum, which is an app network that may or may not succeed in the future, everything else are just small time projects at this point. There's a bunch of Ethereum contenders that don't do much, like Cardano. But even Ethereum is full of just a bunch of not very popular apps/tokens. The only reason why I say Ethereum matter is because it is the platform where most of these not very popular crypto projects are built, and that keeps it going. Ethereum is so far a success just because its where all the failures go. Cardano can't even say that.

This is a 50-50 possibility. It just so happened that Bitcoin is the first one but that does not guarantee that this industry won't exist without it. And if we would base on the present, with the same condition, as long as there are no restrictions on the usage of this technology, I think people would move to other cryptos. Not unless the cause of this instance is issue directly to Bitcoin 'coz it would affect the demand as well towards other cryptocurrencies.

As we all know Ethereum is next to Bitcoin when it comes to the size of network. So more likely it would be the alternative to Bitcoin investment if you are looking for one.

To answer what you asked in the title, there is nothing.
When looking for a safe alternative, it is clear that there is nothing safer than bitcoin because when comparing bitcoin and altcoins, bitcoin is the safest.
The altcoins you listed do have a base that is actually large and still very much loved but when this becomes one of the comparisons that is safer than bitcoin I think the answer is no.
Instead of bothering to look for other alternatives if there is money why not be in bitcoin because this is the most appropriate thing.
Indeed, some people will argue about diseverification but when it is not too sure about the alternative why should it be forced anyway bitcoin is something worthy.

I have bad news for you, OP. Perhaps there is no safe and decentralized alternative to the bitcoin. Each currency has its creators, which directly negatively affects decentralization. Bitcoin is the only one of its kind and, in fact, there is nothing to replace it.

I will assume that Monero stands out from the rest of the crypto currencies and looks better than the rest due to the development of the project by the community, not the team, as well as mining on video cards (POW), which allows ordinary people to contribute to the existence of the project. What favorably affects the dispersal of capacities, in fact, this is decentralization.

I don't think ETH is close to the bitcoin (perhaps close to the coinmarketcap in terms of capitalization and current price), and Cardano is also not the best option in terms of decentralization.

Do you believe in the future of Cardano? Okay, so be it. It is not so much faith that is important here, but facts. And in fact, at the moment, this project has nothing to brag about in terms of decentralization, despite Hoskinson's statements.

Bitcoin is Only Bitcoin, there has no competitor till now. But many coun are trying to come closer. I think Ethereum is one of the better coin who trying to come closer. And i believe It is possible to come closer for only by Ethereum. Its position 2nd on coinmarketcap. And it’s usability increasing day by day. Ethereums usability increasing so it will go more up there has no doubt. And many investor investing here and holding Ethereum for long time. So we can tell Ethereum comes close to bitcoin.

I read this and simply agreed with you, and then I scrolled pass. But on a second thought I returned to your comment and discovered that it is highly debatable.

• It is a well known fact that bitcoin is the king of cryptocurrency and the market leader. Whenever it sneezes, other coins bow. By this, it means that if bitcoin vanishes, others coins will also
• On a second thought, the blockchain is open for everyone and bitcoin code is also open. Don't you think that if anything happens to bitcoin today, the community can create something even more reliable than bitcoin. It all takes consensus.

So, I do not totally agree that if bitcoin disappears today (which is highly unlikely), other coins will die. They will all be affected, but a few will survive or new projects will emanate.

That's true that no altcoin that can compete with bitcoin and when looking at it bitcoin is a good influence compare to any other coin and besides bitcoin can be call major coin in cryptocurrency why altcoin is the branch, when you are making comparison in altcoin that will similarly look like bitcoin in future and bitcoin will still pushing ahead others, the altcoin i should recommend or recognize is Ethereum, and that should be the best among other altcoin that have another potential as altcoin in cryptocurrency but you can't compare it with bitcoin potentials

None of the cryptos you mentioned comes close AT ALL to bitcoin. Completely different technology. In many regards both are not at all decentralized.
Machine learning and AI to create decentralization? What kind of buzzword-joke is this? Don't fall for stupid ad-campaigns!

Suprisingly (or maybe not) among the thousands of shitcoins and tokens out there, maybe 0.1% if at all could be labeled as decentralized.
Personally I only know about Litecoin, which is extremely similar to Bitcoin with tiny advantages here and there (quicker blocks, slightly ahead against Bitcoin to implement new tech) and some bigger disadvantages (by a factor of  at least 50x less hashing power -> much less secure), kind of just a Bitcoin clone that nobody is sure anyone really needs.
And then there is Monero. A true privacy coin, mostly decentralized and great ASIC resistanc mining algo.

I'd strongly recommend you stay with Bitcoin, though. Except for Monero XMR, which does indeed have some functionality Bitcoin is missing right now, there is no need for the other alt- (aka shit-) coins.

Yes ETH is a promising project and maybe will be top of altcoin for long time since the chain can handle the smart contract and everyone can make their token there make the Ethereum is best altcoin in my opinion.

Tho of course it will not replace bitcoin, because bitcoin would be still king of crypto

Nothing will happen to Bitcoin, but just for the sake of diversification, there are others you can consider and Ethereum, which you already mentioned is a good choice. Cardamom is also good and I'm holding it in my wallet. Maybe you can hold Binance Coin (BNB), if you want.

There are so many decentralised coins in the market, just like Montero, Litecoin and the rest of them, but I don't own any of those right now.

Alt coin to bitcoin is always popular if there is no bitcoin then alt coin will be 100% closed. All of us who are involved with Bitcoin know that Bitcoin provides a lot of financial support in our lives, so we will never expect Bitcoin to run out all at once.

as good as ETH is, I think it is difficult to replace bitcoin, and ETH will still be the king of altcoins, even though one day it can be replaced by other altcoins, but for now it might last for a long time. it is different with bitcoin, it seems that it is impossible for anyone to be able to shift it because bitcoin is a reference to existing cryptocurrencies. therefore for the bearish season the best investment that has minimal risk in cryptocurrency, is bitcoin

The basic purpose behind creating Bitcoin was for it to become an alternative and decentralized way for people to send and receive money instead of using traditional financial systems which are centralized and provide no privacy and anonymity at all, and when a currency can be used for the exchange of value, it can also be used for daily usage but only if it reaches the points where the whole world believes in it and become ready to accept it regardless of its current value and volatile nature.

So it basically can be used in our daily lives but we are not there yet, and people who use or would use CBDCs are those who believe fiat is the only trustable source and the traditional financial systems are the best, these people don't like Bitcoin and cryptocurrencies in general. I personally don't consider any coin to be even a close match to Bitcoin at all.

There is no doubt that any other could likely replace bitcoin but just as you have already mentioned, it will cause serious damage to entire crypto space for the king of the digital currency to sink. At first, people would likely secure their investment by converting their bitcoin to usdt or to any other Stablecoin out there. Even if any other project and upcoming project would replace bitcoin it may not be immediately as we think maybe could take time. But one thing for sure that market will be on -99 percent.

Admittedly, ETH is one of the best altcoins with almost no competition. I remember over the years, there were a lot of new projects that came out and always claimed to be ETH's killers, but so far, those projects are even harder to sustain in the market, let alone replace ETH. But just because it is at #2 on the CMC rankings and close to bitcoin, we can think it can replace bitcoin is not true. As of now, the decentralized nature of BTC is almost impossible to replicate by any altcoin, so no altcoin will be able to replace BTC.

No way BTC will cease to exist and it will forever be there as long the computers and internets are here. No altcoin will ever beat Bitcoin.

Not even ETH can surpass Bitcoin in market capitalization. The truth is no other crypto that can come close to Bitcoin.

BTC is already the mother and the OG of all cryptocurrencies. Without BTC, there will be no altcoins, NFTs, etc., that exists today.

I think for now ETH is still the best altcoin which has many users. recently I often to check local exchange, and I realize that XRP market is very crowded. although I think it is just pump and dump activity but still it is provide traders chance to get profit. I don't expect any altcoin to surpass bitcoin, for now I only looking for altcoin which has good opportunity to grow and can survive in the market. most of my investment fund is in form of bitcoin and just less than 10% that in form of altcoin.

I don't think that is true, because one thing you just need to understand is that the higher the adoption of Bitcoin, the more will it's price skyrocket so high so as to enable more people have access to it's limited supply in circulation. Because you can remember that 10yrs ago, 1 Bitcoin was around $1, of which had the price remain so, just only one person would have bought the whole Bitcoin, of which I'm sure by now bitcoin would have been a dead project, but for that not to happen, the price kept increasing as the demand for Bitcoin increased also.

So I strongly doubt if there will ever be a time when the amount of Bitcoin will never be enough

The fact is that even if there were a cryptocurrency or blockchain that was similar to Bitcoin and just as decentralized, it would take years for it to become anywhere near as mature as Bitcoin and it would face the barrier on the fact that Bitcoin is already a viable decentralized and peer to peer cash system.

Kaspa exists, which is arguably a great solution alongside Bitcoin. It's aiming to do what IOTA failed to do, have functionality similar to that of Bitcoin and Ethereum on the same chain. The currency was distributed in quite a good way, it was not pre-mined and it has its own consensus protocol which focuses on privacy and is economically sound. It's an interesting concept...though as stated in the first post, the barrier for Kaspa and any coins like it, is that time will limit its growth as it needs time to mature and prove itself as a viable solution, as Bitcoin has thousands of times over.

That is true and the trader will end up doing it as much as they can. The majority of the volume we see at bitcoin these days happen because traders end up buying and selling.

If you see the volume, do not consider that as something that would be like people finally buying bitcoin to invest, or people selling their bitcoin investment, yes that exists too but majority of it is just traders and that makes it harder to understand how much investment was made. In the end, we are going to face the reality that crypto is the best investment asset there ever was and that will help all of us at the same time. Of course it is not going to be easy at all, but it will not be impossible for it to happen neither, it is quite possible thing to achieve.

I don't think that if bitcoin disappears then there will be other coins persists because during Bull and bear season the price of other coins are regulary fluctuates according to the ups and downs occurs in bitcoin price.

Bitcoin is a successful coin you must choose bitcoin but if you doubt that someday bitcoin will not be here to give us profit then you can choose gold because if bitcoin become disappear then all other coins will surely disappear too but gold is not related with bitcoin.

Your suggestion is not corresponding with op point of view, what op Is asking is a cryptocurrency that is very close bitcoin, automatically what op needed is to be specific in a particular coin we assume that will be closed to bitcoin in future,  so looking at numerous altcoins that you know and notice that In cryptocurrency industry the coin that is trying to meet a bitcoin standards is ethereum. But in cryptocurrency bitcoin is been mentioned as the father of all cryptocurrencies.

Nothing beats out the king of crypto or father on all of  them but we know that we cant really be having that assurance on what the future holds because everything would really be depending or basing up on community demand and if the community decides that they would really be switching up on other project but it is really that hard to know on what are the future developments and changes that we do have on next years to come.
Coins that next to Bitcoin? We could always check out CMC. lol.

This is why it would really be that wise on making up some acts about diversification on other altcoins or projects in the market.So that on the time that there would be some possible flippening then
you would really be able to save up yourself on losing that much specially if you do make out that all in on a single point but well we cant really blame them out considering
that Bitcoin is the king of all crypto and there's no doubt about into its potential.

Ethereum is the most preferable and profitable cryptocurrency in the market.Many coins come to the market with good potential,the example will be the ADA.But it doesn’t have a potential to replace the Ethereum.Ethereum had the strongest base since the bitcoin had his root into the market.The Ethereum was used as fee to many of the token in the past by the usage of ERC 20 address by the tokens.So Ethereum had huge demand the past and for now and like a queen of cryptocurrency.

If bitcoin were to disappear, something incredibly difficult to happen due to the decentralized nature of bitcoin, then this means that a very serious problem was found on its code from which it is impossible to recover, so it is to be expected that under that scenario people will lose confidence on this market and all coins will crash all the way down to zero, so what to do for those which want to prepare against that scenario? Buying precious metals is a good option and any hard asset will most likely do a good job too protecting your capital.

I don't think there is any cryptocurrency which comes close to Bitcoin, because Bitcoin is the original source from where every other cryptocurrencies have been created, meaning they are all copies. And when you can make use of the original, why would you go for the copies?

Altcoins aim to solve aspects Bitcoin hasn't been able to, but in fact they are more like speculative assets with groups of interest behind (developers). From times to times they lose adoption and new altcoins rise on the top positions of crypto market, while Bitcoin always stay on the top 1. You really can't compare anything to it, for your own good.

I also think the same since Bitcoin is unique and most altcoins are centralized due to the fact that the developer fully controlled them.  In terms of world wide adoption, nothing comes close to Bitcoin but in market cap ranking the next thing that follows Bitcoin step is ETH and it Bitcoin is leading by miles aways.


That should be the ideal but most altcoin launched with money grab intention in mind.  See how many of these altcoin were launched collecting funds from unsuspecting investors?

But how can you say it's a copy when some of these altcoin are built on top of their own blockchain?
Bitcoin is always likely to find competition in terms of its usability and decentralization - but it may not be easily rivaled if market dominance you're talking about. Everything can change at any time - it just depends on the crypto community and how it develops in the future. If there is something better than bitcoin in the future - then I'm sure bitcoin will be replaced by something else.

Average as it is - but something different can be expected in the future.
When another coin comes with more perfection than bitcoin - then I think bitcoin will lose interest.

So far bitcoin has managed to dominate the market due to the trust of its community - but the same can happen with other coins. We never know the future - that's why you should never put your money 100% in bitcoins.

Bitcoin is the only constant and reliable cryptocurrency in the market and any coin that goes to compete with it is just a clone from the image of bitcoin. So what do we expect from altcoins but just trying hard to get as far as bitcoin when in reality, altcoins are bound to lose their value and end up as dead coins. That’s why I never care investing other than bitcoin but just focus on maximizing my portfolio with bitcoin.

This seems that someone is trying to force te existance of a second best Bitcoin. There is no such thing. Bitcoin is unique and no oter coin comes close to it! All those things you wrote about the other shitcoins are kind of relative because all those coins miss one or other property that will make them fall somewhere in te future! That's what I think!

No one’s gonna beat or even comes close to bitcoin. Although I must say there are a lot of altcoins released on a daily basis, but none of them has tried to go beyond the level of bitcoin. Simply because, their names are not even established and are not reliable in the long run. That’s why most investors still coming back to bitcoin where there are more secured and stable profits to expect in the future.

Well, i still do not believe that any altcoin comes close to being as decentralized as bitcoin, not Ethereum, not Cardano, not any, if there be any coin to liken to as being close to the decentralized nature of bitcoin, i did have to mention litecoin, though I don't know very much about litecoin, and neither am I holding any, but from the little ive read about it, i understand that its blockchain infrastructure is almost the same as that of bitcoin, so what other coin can we really trust to be completely decentralized like bitcoin is, if not that coin that is built on the same blockchain infrastructure bitcoin is built upon.

Bitcoin and altcoins have become very different things. Bitcoin has several specifications that are impossible to imitate; it has a very limited supply and very high demand and is very difficult to get, so it has a very expensive selling price; whereas if it's an altcoin, not everyone wants to use it because not all platforms accept payments using altcoins and the risk is higher than Bitcoin.

I agree with you, even though there are many altcoins that are claimed to have higher technology and functions than bitcoin I'm sure there will be no altcoin that can go beyond bitcoin. replacing ETH as the king of altcoins might be possible but to pass bitcoin seems impossible.

Their goal is not to beat Bitcoin anymore but to deliver a good service here and make a great business too.
It's given that Bitcoin is the top crypto and the basis of the whole market, no one can change that. If you are going to look at the altcoins you can see most of them are just trying to introduce a unique way to enter the market and the hype of airdrop seems effective. ETH will be my next option aside from BTC.

Oh, I thought I was the lonely one with such a thought.

I believe ETH has better utility than what Bitcoin offers. It has advanced this industry more than Bitcoin and every other alts. Let's not even go into its contract utility which Bitcoin doesn't have. However, I think what seemed to have given Bitcoin that edge is the pseudonym anonymity of ownership and its decentralized nature. These two have endeared it to a very strong and committed community. It's the fan base that has given Bitcoin the value of attraction.

Looking for a safe alternative to bitcoin among altcoins? That's foolish, to say the least. No altcoin can give you as much security as bitcoin. Not a single one. All altcoins are centralized because they have developers, they have core investors who invested in the cryptocurrency in the earliest stages of development. These people often control the entire ecosystem and the circulating supply of coins. What kind of security and decentralization are you talking about? You are trying to look for unicorns and phoenixes among cryptocurrencies. They don't exist.

In the aspect of recognition, i gues BNB and Ethereum is more known by crypto users and a lot of people most invest in those two coins. If I am looking for altanative coin to invest, then I will go for BNB and Ethereum and some few meme coins.

Big companies grabbing Bitcoin doesn't mean there will be nothing left for us. This is where satoshis will help. Because of the high demand for Bitcoin in the market, even your 1 satoshi will have a great value in the future. You don't really need to buy loads of Bitcoin if you can't, you just need to buy a part of it.
Yes, I do believe there are also great projects out there but the support will always be the trouble here. With so many different coins being created, the money is divided instead of focusing on just a small amount and bringing their value up. Even if you pinpoint the best one, it won't be easy pumping it's value up at this era where cryptocurrency creation became a norm for an average dude.

What? Why would big firms grab all the bitcoins and wouldn't sell them with insane profit? Why would they just hold them? That doesn't make any sense.


Currency industry? What that even is? CBDC doesn't equal eth. And pilot programs in eth doesn't mean it will catch on and get widely adopted. There are ton of security and privacy issues with that.
And you are not providing any reasoning why eth isn't going to be as decentralized.


That's quite a bold claim. And it's obvious now that you came to shill ADA here, which is funny as it seems you dess bitcoin and eth without knowing the basics of them.

None, because if there is no more Bitcoin, there will be also no altcoins, it means crypto era has been ended and died.

I can't deny that Cardano is a very potential project with a great dApp. However, I don't think that Cardano is capable of taking over ethereum's position in this regard. Ethereum has been very solid and bear. whatever their pros and cons, they still have a positive side that is more convincing.

This is too exaggerated, simply this is too exaggerated Cardano.

I'm new here so I don't want to come on an offensive.
But its clear that cardano isn't a capable chain to actually do anything.

Others have mentioned Monero which, personally I believe to be superior to BTC for many reasons among them being superior architecture (XMR is private and fungible) along with more decentralized due to POW being asic resistant (though who knows if they can keep that up forever)

With that being said one I would like to add to the list is Kadena ($KDA)
Very similar to BTC but more scalable along with being one of the top (if not the best) smart contract platforms.

I agree with your statement that says bitcoin is a tool for storing wealth.  therefore to increase the value of the wealth that you have, please continue to add your BTC ownership as good capital in the future

To not be able to compete with Bitcoin, altcoins don't necessarily have to die, they do lose value, that's for sure, but they don't die all the time, at least not all of them do, but this losing of value and not being able to recover is a quality that is found in most altcoins, and even if they do recover their value during a bull season, they are still no match for Bitcoin because of their use cases and non-decentralized nature which is not the case with Bitcoin as it's decentralized.

Also, the name and value that Bitcoin has earned for itself throughout all these years, no altcoin can ever reach that point no matter what it does. I know that we can't say anything about the future because anything can happen, for now, what we see, there is no match for Bitcoin regarding any property it has.

None. The closest Blockchain to Bitcoin was Ethereum but their recent change of protocol from PoW to PoS makes them more centralized since the network can controlled by top holders of Ethereum that includes the creator and the early investors itself while Bitcoin network is controlled by Miners were there’s no real majority hashrate holder.


Hardware wallet! Eg. Trezor, Ledger etc..

One thing is sure that bitcoin is giving profit to its holders therefore people believe in crypto coin so when bitcoin become useless then there will be nothing to believe and no matter what Coin is next to bitcoin.

No one can manage the price of bitcoin but demands and supply have greater effects on the alteration of worth. So there is no guarantee that people will always give priority to it so when demands downs price will also downs.

Simple is that to utilize minimum amount and get the benefit whenever price is on increasing and never keep larger amount of money in Bitcoin.

Bitcoin is the first cryptocurrency for capitalization and it has the biggest community of users. Ethereum is the second cryptocurrency for capitalization. It has a big community and a lot of projects located on Ethereum blockchain.