Till date, why is there no crypto that is near Bitcoin's worth?

[richan]

Worth in terms of price of bitcoins? then no. But worth in terms of the value of the asset in particular, then I say yes there are crypto tokens that since it was enlisted on exchange has given a return similar or more than bitcoin has given back.

[rickn]

One reason is that Bitcoin and Ethereum are the only cryptos that have sufficient liquidity in the market with fiat currency parity while other crypto are usually traded only with Bitcoin or Ethereum parity.

[smoolae]

Bitcoin is definitely the most recognized out of all the cryptos out there. There are people to whom you can say Ethereum or Ripple and they don't have a clue what you are talking about. But when mentioning Bitcoin they immediately know that BTC is a cryptocurrency.

To be honest, there are 3 coins that indeed are worth more than BTC is, but the 3 ain't popular or widespread through exchanges so they have no liquidity at any kind.

[batang_bitcoin]

BTC  is the first crypto coin and with regards to How long it has been in existence, it is therefore trusted by multitude unlike other coins that sometimes turn out to be a scam.

It isn't only about the trust but its about the adoption that its getting worldwide.

People don't just want to use and invest to a coin that's not so familiar with them and bitcoin has real usage. Unlike other coins that are also taking the title of bitcoin and wants to replace its throne, they don't have use case and that's why it can't take over bitcoin's worth. Maybe someday in the future, a coin will reach $5,000 - $10,000 but imagine on how high bitcoin would be by that time.

[Tosin12]

The reasons are simple and clear, bitcoin have been existing for approximately a decade now and those that developed it are really committed and didn't do it because of selfish interest unlike it's widely practiced by ICOs today and second thing is bitcoin has earned trust of people resulting in wide adoption of bitcoin translating into huge demand and supply of bitcoin that make it grow like this and never stop growing.. Other cryptos have to fully develop their roadmap conscientiously to grow well and possibly match up with bitcoin

[Kersh768]

With thousands of new cryptos and new ones coming daily. Why don't we still have any coin that is close to Bitcoin's worth?

There are many possible reasons why bitcoin remain on top of the cryptos. First of all, cryptomarket at this moment is on downtrend giving a hardtime for cryptos to have a price increase. Another thing is the demand from the community of users. Bitcoin is a huge crypto due to its large community of users. Its market value havr continuously grew. And also, how long does bitcoin exist has a huge impact.

[Sifon]

The worth of altcoins in comparison to that of BTC is more of that of trust than price. Bitcoin seems to be the most trusted crypto out there in the space and even those outside know BTC before any other coin. Also, it has the biggest community than any other alt

[sliderider]

A lot of coins maybe have the most tpx, but if nobody uses it, is it worth something? My bet is on the blockchains who have the biggest communities and connections to businesses and have decent or better tech. The phrase "better tech wins" is just not true.

[GmBoom]

We cant make any possible comparison of prices from bitcoin to just a new launched coin. Bitcoin's price reached that peak due to long time lapse. In 2010, bitcoins price was just a cents, and not it is peaking. So we cannot make simple comparison on it on the tokens that is just newly created and compared to bitcoin.

[Iykecollinz]

If worth is in terms of value, there a lot of cryptos higher than Bitcoin in terms of price but usually with very low market cap and supply. It is already known that the price of every crypto is the market cap divided by the circulating supply, for a coin with 100 circulating supply and maybe a marketcap of $1,000,000 will have a coin higher in price  than Bitcoin