Bitcoin Forum

Maybe this has been brought up a million times, but looking at the current goals of a lot of financial apps. Do you think eventually it will just be something like BCC, LTC, NANO that is most highly adopted and just runs the others away?
Or, will it come to atomic swaps, where we have steadier market prices, and you can just pay with 6 different currencies to be converted over for payment?

I personally think it will most likely be a couple of coins that will be highly used; but that's just my guess. Probably something like, bitcoin for bigger transactions, and litecoin for smaller ones; and ofcourse there's monero for private transactions(not necessarily illegal transactions).

P.S. I don't like Nano.

before we used to have only US dollar as one currency but bitcoin is the currency for net citizens and bitcoin will rule the internet here onwards all demonisation will be in satoshi

Probably not one currency, but the number of coins will be reduced drastically in the long run. Right now there is a "coin inflation", if you will, because a lot of people are trying to corner the crypto market by being the first movers. But once the dust settles, the number of coins will go down for sure.

The number of coins will probably be reduced to only essential projects that will be fully integrated into our day-to-day life. In order t be succesfull, these coins will have to be interchangeable between blockchains, this can be done by implementing sidechains that connect with each other to allow for interoperability.

Yes I agree that if we have one currency,the world will have one order and one ruler or one presidency to ruled the whole world. In that case we will have a one world government that will rule over the world. To control one policy to the whole world to implement a high technology government to all nations. This is the big thing issue to the whole world for a hightech world. That will bring all people to connect in an electronic technology to be operate in the bodies of all mankind.

i highly doubt there ever be one supreme coin are even 10 coins .Jesus just looks at all the new coins coming otu not to talk about all the forks 2

You allowed 6 but not allowing others? I mean there are a lot of coins right now but it doesn't mean that we should not follow bitcoin, of course bitcoin is the king of all crypto. There's nothing to deny that. But a one currency to rule all of them? I don't think that's possible. Bitcoin is numbering out the coins by its potential.

Bitcoin could easily become the most popular currency in the world so I guess it has potential to rule the other ones

I don't think that will be happening any time. There might be fewer crypto currencies that managed to survive the market and with unique features. But they all will prevail the market and be used side by side just like gold and silver. The chances of only coin dominating the whole market is low since that one coin will not be able to give all the features available on other coins.

    Bitcoin can just rule on CoinMarkerCap, to be 1 place and to have the highest
price. In all other terms other alt-coins are separate chains and many of them
do not depend from bitcoin, just in term of trades when they are paired with Bitcoin.
   World needs many currencies, currencies should protect territorial economy, some
industry's, and for more and better answers you need to read economy a lot, I forgot
many things.
   Try to think of that like separate systems that needs each other to live and produce.
We need multiple currencies, that is why I believe that many alt-coins have a future in
this world beside Bitcoin. We need to work on having them along with Bitcoins, that is
my plan.

I agree with your opinion. I think this division would be appropriate. Now the cost of bitcoin's transaction in the network is getting cheaper. Therefore, I do not think that there will be six such currencies. One, two or three is the maximum.

It seems to be happening in waves: in 2014/15 there was a boom for new coins and literally hundreds of them were created, but they just went to be obsolete with few exceptions (doge, for that matter) when the wave has passed. Now there is a new wave but it will pass too. What remains after each new wave passes are those hundreds of coins worth a fraction of a dollar on coinmarketcap.com

When I was new in cryptocurrency, I wondered why there are many digital currencies circulating in the market? At first, I was confused by the purpose of different cryptocurrency since I've thought they are all the same but different in names and logos.
When I was started to join in the campaign, I've found out that there are different specs and usage of each coin. Some of them are secured coin, for large investment or small investment. They are the result of successful ICO.
Now, I am thinking that it might not good for the market to have just a few numbers of cryptocurrency. There will become a centralization with the remained crypto and may cause to a great crash since the people do not want to invest in a centralized manner.
Projects regarding in cryptocurrency might also lose.

Bitcoin can be surpassed by any Altcoins that are more efficient and more useful than the current bitcoin, because of its high fee and slower transaction(I always blame the traffic anyways) Some people said that Ethereum can surpass it cause almost all of the upcoming ICO project are being based on erc20.

I don’t think any of altcoin is eligible to take seat of bitcoin, bitcoin is of unique nature its profit rates are also high see positivity of bitcoin and tell name of any altcoin which is progressing impressively nowadays.

This are all just assumptions, theories and unproven claims that they can perform well compared to bitcoin. They need to reach the scale in which bitcoin is operating in first, which is several thousands of transactions per day, before it can be recognized as the altcoin which surpassed bitcoin.

Recently I read a statement by Vitalik Buterin stating that he also see a future where only about five or six cryptos would dominate the majority of the market, which is not very far from the current reality, where the first five cryptocurrencies dominate 75% of the market. Perhaps the only difference would be that in the not too distant future there would not be such an overwhelming amount of cryptocurrencies and tokens in circulation as there would be a more restrictive regulation in this regard.

I'm all for cryptocurrency but this idea has always unnerved me, quite alot. The reason why I like cryptocurrency is because its free from manipulation by banks and government but at the same time if the world has only one currency it would be easier to manipulate humans as a whole.

one ring to rule them all... I don't believe that any currency can replace all other ones. The same trend will continue, as now - some coins will be more popular, some less, most will disappear eventually, the appearance of new ones will probably slow down over time. Look at the paper money - do you think that tomorrow everything, except, say, dollar, will be merged together? Maybe one day, but not soon.

But if so many currencies are present, is it good? If there is not a key currency, I think the market will be diluted, and the development will slow down, or even lose.

If there is any coin to rule them all,then I suggest is bitcoin. Bitcoin is the only cryptocurrency that had the volume and popularity to be a major online currency.

One currency to rule them all is just a perfect description of the blockchain technological innovation characterized by the decentralized framework. bitcoin has stood in that shoe to rule over other currencies and thereby making the world a better place. thanks

Instead of one currency, i think it will be a handful of currencies. We cannot say which new currency can provide some legendary benefits and can outshine others.

According to normal circumstances, bitcoin mining is completed,
The number of coins will only be less and less, that is to say, bitcoin will only decrease in number from the very beginning.
This will also promote the market price of Bitcoin. Until the end of bitcoin mining, the price of bitcoin will gradually stabilize and the band will slowly increase.

Well, no doubt there's a lot of coins that are being created each day. But one day once the acceptance of cryptocurrency is fully developed, there will only be a handful of coins that are going to survive and those are the ones who have a real day to day use in our lives that are beneficial to the masses and of course, those who are well known. I think this is why most companies now a days are making cryptocurrency to make a step to boast their names in the upcoming future but never forget, Bitcoin will be the ruler of them.

No, bitcoin only is enough to be a base currency for many crypto coins. Bitcoin is exist in every cryptocurrency exchange.
So, any coin that you want to buy, you can buy it with bitcoin. No need to create another currency to rule them all.

To admit that some currencies are very common, but in my opinion we have to wait a while, and thanks to the interaction of many of them

people are always too dramatic about these things. there is no "king" there is no "rule them all" and no other things like it either.

the problem is everything other than bitcoin is mostly shit so that bitcoin remains the only useful thing hence the "king". and as long as altcoins remain as pump and dumps this will not change.

In my opinion, I don't think that only one crypto currency will rule over the other currencies but rather lead the other alternative coins in the crypto market. Considering that there are many alternative coins and many ICO's coming in the market, I don't think that almost all of this coins will survive in a decade but perhaps some coins may become pump and dumps since many people would be hesitant to further check what is best alts for their plan investment since it has been a thousand ICO's and existing coins that are already in the market. Bitcoin will continue to lead as this is more usable coin in terms of service application as payment system and as a currency.

I think its not only about the payment. Just like other token that use to pay bloggers,For internet. Every coin has a different use of other coin. But, in issue about of decentralized coin. I think bitcoin deserves to be the one who will rule them all.

Well, in my opinion, Bitcoin is the currency that rule on all other type of currencies but only in its respective fields. Currencies are natural monopolies because the usefulness of a currency increases with the number of people who are using it. A currency used by one person is useless, and a currency used by only a few thousand people is still pretty much useless. New cryptocurrencies will struggle to gain traction against an incumbent used by millions of people.

I think that only when the price of BTC is stable for a very long time, then the money is just to be recognized and paid attention. Uncertainty is worsening people's participation.

It can happen you know that, one coin gets more powerful each day and other coins following, but now we can't really tell which one

Yes I think that only two or three coins would be used.But whatever the situation be,bitcoin would be the front runner.All other altcoins would be sent to trash.This is truly a crypto era occuring.

No, I don't think so because each and every currency has its own philosophy and it solves the different problem. While predicting something about future, I believe that we will have sector wise coins to deal with the payments of the individual sectors such as medical or food sector might have something called Medicoin or Foodcoin. However, it is true that we won't see the list of cryptocurrencies that we see today, most of them will vanish over the time.

this is a very profitable and very efficient thing in my opinion because with one bitcoin currency alone it can be easy to do every transaction with just one click without having to hesitate

In each country there are different currencies such as in China they have the yuan, Vietnam has million, Germany has the euro, or the dollar has, that is the currency of the country that

There i One currency to rule them all in the market, I only know that in the group of currencies with the highest value, each currency has its own characteristics and transactions it does not have the right to dominate

So true! If there will be lots of coins, I think the usability of each coin decreases since there are lots of choices. The investors will invest different coins therefore lesser demands for each of the crypto coins. Where as if there is few coins to choose bigger will be the demand dor each.

I think it will be good because it will manage everything, because with one currency will be able to arrange everything.

right. In the near future it will become the number one currency and people will adapt to that change. The present is just the beginning of a bright future

The system we are having right now is all that we need, couple of coins being accepted by all will do the work. Bitcoin has for long way performed the role of the leader of all other crypto currencies and at the advancement of more technology it now evidence that some other coins are also doing well so we don't need any other new coin but more acceptability is what we need.

Bitcoin is already a currency ruling them all, not to mention Bitcoin is the mother of all coins, bitcoin can be use anywhere as long as country do not banned bitcoin.

Yes.Bitcoin rulling the entire cryptocurrency world.I agree their may may be up's and down in the price of Bitcoin .But you have to analysis one thing .Did the price of bitcoin is moved from first place ?!
I mean the price of Bitcoin is always on the top of price chart in market.

One of the best cryptocurrency is The bitcoin for sure that those cryptocurrency are just the sons and daughter of the bit con which I believe that bitcoin is still the best for all cryptocurrency that can rule them especially the value of the bitcoin.

I think the purpose of cryptocurrenxies is more than stability,  if stability is to be considered then a like of USDT,  CORION etc. will be preferable for transaction because of there price stability  which gives good effect to it market price. BCC and others can't  really be preferred  to BTC due to the fact that no one claims the development of BTC, unlike others that have a known developer, this gives them a level of centralization that the public will never look as an as advantage.

I don’t think any of altcoin is eligible to take seat of bitcoin, bitcoin is of unique nature its profit rates are also high see positivity of bitcoin and tell name of any altcoin which is progressing impressively nowadays and for this I go to Socratus

I don't think that one cryptocurrency is a good solution. cryptocurrency world means decentralization and variety of coins so people can choose what they like to use.

You know that in cryptocurrency , there are alot of competation among tokens and coins in the marketplace, and for this there is one currency who then all and that is bitcoin, because bitcoin is considered so for it is very popular in the cryptoworld and the price value of this coin is the highest among the coins in the market place index of coin

probably not. there are so much coins being made today and it is very unpredictable what can happen in the future.

Yes as you said ine currency will not rule them all but for now most of the crypto currencies prices just depending on the bitcoin and the bitcoin has higher dominance of all so whivh means bitcoin is ruling now but it may change in future.

I see the BCC listed in the list of expected currencies that will rule everything, and I wonder if this is a coincidence? BCC is like a pile of dungeon worshipers and can never grow. Bitcoin will remain the ruler of all, and it will change all.

There will always be people that will use other bigger coins. Why? Bigger coins will encourage people to use their coin with rewards, better terms and etc.

Take in consideration that bitcoin has always been the first one on the entire market, that is the main reason of why it is so important, because it was a first-serve basis. Anyway, bitcoin will always be the most powerful coin.

Definitely believe that there will be a few coins that are used in the future with the rest fizzing out. Bitcoin will still be the main currency, I see it evolving and changing to suit the environment. We are only at the beginning of a wonderful revolution where Bitcoin is entrenched and as the world adopts crypto currencies Bitcoin will be the leader.

I believe there will be one currency to rule them all one day. Particularly something that is centered on being universal, with easy access for all. It would have to be simple enough that even a grandmother could use it. It would have to  have a uniquely simple interface, so people from all corners of the world could utilize it with ease, without any hangups because of a language barrier, or disabilities whereas a person may be limited in their usage of such a medium.
   To pull it off, it would have to be some what centralized, to a point where it is applicable enough for regulators and policymakers can work with it. The big question really is, will it be a cryptocurrency and if so, will it be scalable?

Just my two cents

With the growing adoption of bitcoin as well other cryptocurrencies the usage as a currency has grown high. Some countries have developed their own cryptocurrency for the transaction purpose within the country limit and bitcoin is being planned to be used for transactions beyond the country limit.

I think all the crypto have no stable price, except only some stable coin, and that's just a little bit.

regulation will help control the crypto market. we can swap some altcoins into each different currency, but crypto always has an unstable value.

As we all know that crypto market is full of crypto currencies and we all are aware with many crypto currencies around like bitcoin, bitcoin Cash, etherum, litcoin or many more as I don’t know that names even of all so there are many crypto currencies available in the market and I don’t think that there could be one single currency that could rule them all but yes they are competitors of each other and obviously one will be the leader so no doubt the bitcoin is the topper and the largest crypto currency among all available in the market.

Regulation won't make the crypto prices stable,it is just the restriction from the respective governments for using the crypto currencies.But for now most of the altcoins were used as an investment so I have no idea that crypto currency is going to rule the world or not.

I think therefore now the most highly adopted and those who run the others as bitcoin as well as Ethereum. Bitcoin is ruling about all coins, and Ethereum is alternative cryptocurrencies king.

One currency? Isn't that Bitcoin today? I mean, it is the currency that rules in this community. I think that it won't be replaced anytime soon. Although it is possible. It is not this time.

NEO and Lumen will never be able to fight Bitcoin. Only ETH has a future against Bitcoin, but I think ETh will take another 10 or 20 years to fight Bitcoin because the Bitcoin community is the biggest in the world.

Yes one currency is bitcoin and this currency will be rule on all world, peoples are using different currencies in their respective countries like USD,GBP,INR etc but bitcoin will be one currency which will use in all over world and peoples send money in couple of minutes and there is no need to do formality like verification of particular person who is sender and receiver so in future bitcoin can rule on all world as a virtual currency.

well, probably true, that 1 controls everything. we can see when bitcoin prices go up, as it is today, most likely other coin prices are part of this increase. whereas when the bitcoin price drops, I think so much altcoin has a dump price.

i think its better to have a mix of  cryptocurrencies, then you have a competition and a way of selection.

There would be  a little something with global currency, Developed nations would certainly benefit since there would be no longer be currency risk in international trade, In addition there would be somewhat of a leveling of the global paying field since nations like China could no longer use currency exchange as a means to make their goods cheaper on the global market.

of course this currency will be bitcoin

Perhaps in the future a few coins will be appreciated and used. Which one of the strongest would be most appreciated?

I think bitcoin has to rule them all because it is the only coin that has huge and get the highest value of all coins. But, i think it also ruled the other coins perhaps some or other company pays in bitcoins.

The world has many different types of banknotes in different places that will have different types of banknotes such as American dollars. China has one currency each. Each currency has its own currency value

In some way maybe yes, but i think that it will be at least 5 coins that will be made to be used everywhere of course with this one "the best" (for me it is clear that it will be bitcoin).

I will never know until that day really happened. and it seems that reality is more in favor of bitcoin which tend not to be regulated by anyone including the superpower. I think any great new altcoin that surpasses all its technological advantages will never replace bitcoin from the first position.

for the convenience of the masses I think will be used 2-3 main coins. because the other two will have a specialized purpose

it's better to be one, or keep it separate, but still in one rule. because if you have to go through a coin / token swap before doing wd or trading, that's long enough.

I see no more than several strong coins in the longrun, the craze will fade out and eventually cryptocurrencies will be regulated and adopted. Whatever the case, we are in for some very interesting times.

I think it's  better to have one currency to all over the world so that everybody will not be able to be difficult in transacting if we go to the other countries. It could be easier for the many if we have one currency.

Bitcoin will be the coin we are all going to use. I mean these instant payments and low fees are something that the customer would always want

I think that according to all those news happening around the road we will definitely have nothing different than bitcoin becoming a main cryptocurrency at the stage, because no one although crypto is so widely popular.

with all the numerous coins right now I don;t think there will only one currency in the future. We will just have to see soon enough what coins will remain surviving in the market.

I would agree if bitcoin becomes the benchmark for converting currency. Why ? to expand the crypto currency market in need of 1 currency to be able to convert all coins so that the system will continue, and if using other coins what can survive like bitcoin?

It's not that one currency can rule all. It's like a government or a system. As I'm saying it is like a government in which the president is only the ruler. It needs officials such as vice president and secretaries to work. Just like bitcoin, it cannot run by bitcoin itself. It needs altcoins.

I agree and maybe bitcoin is the supreme to rule over all altcoins but still bitcoin need altcoins to make the cryptocurrency market run smoothly and become progressive.

There are no coins that can be ruled out of fiat, in my opinion fiat is still the world currency and they will not be replaced by any other coin. The liquidity of fiat money is too high

I think time will come that bitcoin rule as a main currency because of the strong demand of the people all over the world. They wants to use bitcoin because they feel comfortable and secure.

I am of the view that the multi currency system will continue to exist but just a few currencies will spearhead the system. That is a factor beyond control as just a few currencies will continue to impress the public thus increase their usage and coverage area. I will be bold in saying that bitcoin will be the leader of those currencies to be on top.