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Author Topic: Has the Perfect Bitcoin yet to be inveted ?  (Read 216 times)
mobtc
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May 28, 2021, 11:49:44 AM
 #21

I think the status of BTC is unshakable,It has been recognized by people all over the world.
Now no matter what type of virtual currency comes out, it is impossible to exceed BTC, including ETH.

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May 28, 2021, 01:12:35 PM
 #22

I think the status of BTC is unshakable,It has been recognized by people all over the world.
Now no matter what type of virtual currency comes out, it is impossible to exceed BTC, including ETH.
True, BTC is hard to beat by others even though every possibility could happen in the crypto space, but in general it is difficult for any Altcoin or new cryptocurrency to manifest, because if BTC will lose, it will happen in the future ago, but unfortunately it did not happen until now.
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May 28, 2021, 01:25:11 PM
 #23

If what you mean is price, of course, altcoins that can surpass BTC have happened. YFI can be given as an example. But it is very difficult to leave BTC behind in terms of market value. I don't think this can happen.
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May 28, 2021, 02:28:35 PM
 #24

If what you mean is price, of course, altcoins that can surpass BTC have happened. YFI can be given as an example. But it is very difficult to leave BTC behind in terms of market value. I don't think this can happen.
yes, that's not gonna happen. even when BTC is frozen and forces every owner to hold their bitcoins I am sure that will not happen.
the value may happen as you say. but in market capitalization, BTC is still the best.

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May 28, 2021, 02:34:46 PM
 #25

There's a lot of good project already actually goes beyond Bitcoin in terms of services, price and the usage in the market but they can't still beat Bitcoin simply because people believe that Bitcoin should remain on top as respect to him because he started this wonderful network and without Bitcoin, we are nothing today. Even if altcoins try their best to replace Bitcoin on top, I'm confident that it wont happen as easy as we think.

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May 28, 2021, 02:58:30 PM
 #26

It is invented already and it's called ETH. At least now it has the best opportunities to surpass BTC later.
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May 28, 2021, 06:22:00 PM
 #27

There's a lot of good project already actually goes beyond Bitcoin in terms of services, price and the usage in the market but they can't still beat Bitcoin simply because people believe that Bitcoin should remain on top as respect to him because he started this wonderful network and without Bitcoin, we are nothing today. Even if altcoins try their best to replace Bitcoin on top, I'm confident that it wont happen as easy as we think.
I definitely agree with that sentiment, there is a good amount of projects that are 100x better than bitcoin when you look at the blockchain technology, it is really something special and it is really not something people realize too often, that is something we should be aware of a lot more.

Simply look at ethereum, can anyone tell me bitcoins technology is better than ethereum's technology? Obviously not but ethereum is at the second place instead of first, there are also a ton under that level but we do not even have to go down more, sure there must be a ton of projects with better technology in top 10, top 20 , top 50, even outside of top 100, technology is ever growing. However we should also realize that technology is not the reason why we are preferring bitcoin over others, it is because we trust bitcoin more than others and that is the number one reason, it is also the first one so it got more attention obviously.
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May 28, 2021, 07:03:45 PM
 #28

Is it Possible for something better than bitcoin to come along? Will an Alt-Coin ever surpass BTC?
This is a question that only time could answer,
We don't know if there would be a much better crypto than Bitcoin in the future so we couldn't answer it like we are sure about it.
There are so many crypto currency that is being created so we couldn't be sure if there would be one that would surpass it.
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May 28, 2021, 07:23:13 PM
 #29

Is it Possible for something better than bitcoin to come along? Will an Alt-Coin ever surpass BTC?

There are plenty of them that are better than bitcoin, but a lot of them are separated by how the make changes to the project, for bitcoin a consensus has to be reached before anything is done to the blockchain, for others its just a couple of devs and whatever they agree upon is what goes which makes bitcoin superior in this instance, not forgetting the large community which btc enjoys compared to the rest.

Ultimately think of bitcoin as the Genesis of crypto we can't just do away without it Tongue

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May 28, 2021, 07:34:31 PM
 #30

The flip is always possible to happen and that's almost happened to Bitcoin and Ethreum when Ethreum almost surpasses the market price of bitcoin, but it just doesn't happen.

But the market cap of bitcoin is just too high for some altcoins and probably it's only a small percentage of the bitcoin market cap but Ethreuum is kinda close to bitcoin and I think it probably might surpass it at some point, I mean it's not impossible at all and the market is just unpredictable at all times since the cryptocurrency market is soo volatile compared to the stock market.

Comparing the technology I guess we could say that both have their different use so, in my opinion, both could co-exist, but Ethreum is really has a better technology because of its Network kinda similar to the Internet.

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May 28, 2021, 07:39:55 PM
 #31

Is it Possible for something better than bitcoin to come along? Will an Alt-Coin ever surpass BTC?
This is a question that only time could answer,
We don't know if there would be a much better crypto than Bitcoin in the future so we couldn't answer it like we are sure about it.
There are so many crypto currency that is being created so we couldn't be sure if there would be one that would surpass it.

When the quantum computer comes, it will be kind of challenge to many cryptocurrencies, is the encryptions strong enough to stands agains it.
I kinda remember that one of cryptocurrency already prevent that thing and use another technology rather than blockchain, but i forgot the project, maybe someone know it?

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May 28, 2021, 07:55:22 PM
 #32

Is it Possible for something better than bitcoin to come along? Will an Alt-Coin ever surpass BTC?



It has been eleven years since Bitcoin existed as a crypto currency, but no other coin has been able to beat its integrity. Many are planning to come up with something better than Bitcoin, but this is not able to be done by anyone.
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May 28, 2021, 08:08:53 PM
 #33

Is it Possible for something better than bitcoin to come along? Will an Alt-Coin ever surpass BTC?


Trying to check on marketcap on how many coins in the market then is currently: Cryptos:  10,124
So let exclude bitcoin which totally counts on 10,123 . Then these all of coins are totally trying to beat up bitcoin or trying to be on the peak
excluding to those shitcoins or copycats then it wouldnt be included on the count. Perfect Bitcoin? For sure there are alts which are better
but nothing beats out when the entire community does still trust the only one which is BTC.

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May 28, 2021, 08:53:44 PM
 #34

Thank you for your time and reply. Makes sense. Do you think the energy thing and Elons posturing will give rise to something energy sustainable?
I guess so. He's got a company that's giving that drive force that focuses on it.
Do you think the world will just continue to embrace Bitcoin no matter the cost ?
Yes. As its value is being driven by the people, the community, by the demand and energy that's being used to mine and secure the network.

There are other blockchains that are more energy efficient correct? Do they have the same level of secure as Bitcoin. Is it that people are sort of stuck with bitcoin cause it was the first. So they sort of have to go along with the collateral no matter the cost?

Thank you again for your time. Appreciate your wisdom.
Right. But about the security level for bitcoin, they cannot contain it because they're more vulnerable because they've got only few validators and only few people to help its network. That's why bitcoin's network is one of the most secure and cannot be altered.
Thanks to all of the miners and as well as those people who are keep on contributing about its development.

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May 29, 2021, 07:50:49 PM
 #35

If what you mean is price, of course, altcoins that can surpass BTC have happened. YFI can be given as an example. But it is very difficult to leave BTC behind in terms of market value. I don't think this can happen.

Obviously he wasn't talking about price! Altcoins moving past BTC is so easy to do. Create a low market cap, trade it to a million times, burn whatever supply and hold your small and only circulating bags forever.

Price means nothing, as your own YFI example points out;)

Market value? That's basically price right?

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May 29, 2021, 09:08:48 PM
 #36

Is it Possible for something better than bitcoin to come along? Will an Alt-Coin ever surpass BTC?


I saw this statement quite long ago . why people want some coin greater than bitcoin ? why not both success a long ? all altcoin price are will always depend on bitcoin market. some coin might be will be had same record as bitcoin but i dont think that will overcome or surpass bitcoin.
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May 29, 2021, 10:00:33 PM
 #37

Is it Possible for something better than bitcoin to come along? Will an Alt-Coin ever surpass BTC?


I saw this statement quite long ago . why people want some coin greater than bitcoin ? why not both success a long ? all altcoin price are will always depend on bitcoin market. some coin might be will be had same record as bitcoin but i dont think that will overcome or surpass bitcoin.

Its because Bitcoin not perfect yet to be used as daily transactions as the Satoshi purpose, so do i search another alternative like EOS, TRX, or XLM which is better to do that.

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