The Possibility Of An Altcoin To Overcome Bitcoin Is Very Rare.

[FortuneFollower]

In my perspective, I believe that there is no permanent in this world but change, so I also think that in the future, Bitcoin will be replaced by more advanced, more popular and more user friendly altcoin.  I think it does not need to be decentralized since masses are already use in using centralized services.

With regard to investment, I also agree that new projects offer higher returns in time-to-profit ratio, but with a higher risk. We have seen many investors burned by new projects so I suggest taking full caution in investing on one...

@ the topic, it may take time for altcoin to overtake Bitcoin but no matter how long it takes, I believe one day a cryptocurrency will emerge that will outperform Bitcoin but before that, let us enjoy the opportunities Bitcoin offers.

The one thing we can say for sure is that it probably won't happen during our life-times..

[milewilda]

In my perspective, I believe that there is no permanent in this world but change, so I also think that in the future, Bitcoin will be replaced by more advanced, more popular and more user friendly altcoin.  I think it does not need to be decentralized since masses are already use in using centralized services.

With regard to investment, I also agree that new projects offer higher returns in time-to-profit ratio, but with a higher risk. We have seen many investors burned by new projects so I suggest taking full caution in investing on one...

@ the topic, it may take time for altcoin to overtake Bitcoin but no matter how long it takes, I believe one day a cryptocurrency will emerge that will outperform Bitcoin but before that, let us enjoy the opportunities Bitcoin offers.

The one thing we can say for sure is that it probably won't happen during our life-times..

No one actually knows when it comes to this aspect yet it could neither happen or not on which we know that there's always that possiblity and it will always be basing up with community support and recognition. It is really just that hard to believe that the origin of crypto could be replaced by something or talks about alternative coins/tokens but actually this is something not a sure thing or might time comes that it could really happen yet getting outdated is inevitable but since community support is strong and have that recognition and adoption then it's safe to say that we might not seeing this to happen but of course there's no guarantee with this aspect. The key on here is that you should really that just invest into the amount that you can afford to lose so that whatever happens into crypto space then you won't be finding yourself at great trouble.

You could expect that total numbers of projects or coins /tokens in the market will increase in numbers as years passing by because they do know that there's so much potential when it comes on making money specially into it's creators or developers. Try to make yourself at least wary into the risks involved into this one so that you will be able at least moved on when shit things happen.

[reagansimms]

It's very uncertain for an Altcoin to overcome Bitcoin.

Bitcoin dominance in the Crypto market is very influential for Atletico and greater control. Bitcoin which is the largest crypto asset by market capitalization can influence other coins to move in the same pattern, when Bitcoin goes up, other Altcoins tend to increase, when Bitcoin goes down, there is a possibility that other coins will go down at the same time. Another reason that makes it impossible for Altcoin to beat Bitcoin is because Bitcoin is the mother of all Cryptocurrencies, although some Altcoins try to imitate Bitcoin such as Litecoin which uses a copy of the Bitcoin code with the aim of being a lighter and faster version of the original, but this cannot have a big impact and Bitcoin still maintains its position. Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond are also unable to beat the market capitalization that Bitcoin has achieved.

[dansus021]

It's very uncertain for an Altcoin to overcome Bitcoin.

It's not rare but impossible, so far no altcoin succeeds and thousands of altcoins died including Bitcoin forks.

Because Bitcoin is the only cryptocurrency that is decentralized from network to development. The only altcoin comes closely to it is Monero, and you will fail to find other altcoins that can be decentralized.

Well I do agree with you saying it is hard at least for now to overcome bitcoin it is very rare heck I don't think I'm gonna see an altcoin overtake bitcoin anytime soon maybe till Im die. Why because bitcoin adopted by ton of people not just regular people like me an you but also company and even a country. The ETF alone already buys a lot and overcome it would be hard for an altcoin. In the techinal side bitcoin already proven from 2009 till this date as a good crypto.

In the other hand there is Etherum that I would say the queen of crypto but to overcome bitcoin by marketcap the price need to be x10 from now hahha.

Monero is good but since the altcoin is privacy based then not so many CeX is listed the coin because some regulatory and etc.

[$weetne$$]

Bitcoin dominance in the Crypto market is very influential for altcoins and greater control. Bitcoin which is the largest crypto asset by market capitalization can influence other coins to move in the same pattern, when Bitcoin goes up, other Altcoins tend to increase, when Bitcoin goes down, there is a possibility that other coins will go down at the same time. Another reason that makes it impossible for Altcoin to beat Bitcoin is because Bitcoin is the mother of all Cryptocurrencies.

Bitcoin is the first cryptocurrency and will continue to be gaining more trust because of the ways that most altcoins investment turn out, there are many altcoins scamming people and making people to lose money than those making people to make money. I have not been long in the industry but from the few altcoins that I have bought, I noticed I made very little profits from them but when I bought bitcoin. My profit was better than the altcoins. You are likely going to lose buying altcoins because everybody  that are buying too have the same mindset, they want to make quick profit and sell their coins therefore, there is nobody trying to hodl the altcoins for long as we have many people buying Bitcoin just to hodl it for very long time.

[Sim_card]

It's very uncertain for an Altcoin to overcome Bitcoin.

Bitcoin dominance in the Crypto market is very influential for Atletico and greater control. Bitcoin which is the largest crypto asset by market capitalization can influence other coins to move in the same pattern, when Bitcoin goes up, other Altcoins tend to increase, when Bitcoin goes down, there is a possibility that other coins will go down at the same time. Another reason that makes it impossible for Altcoin to beat Bitcoin is because Bitcoin is the mother of all Cryptocurrencies, although some Altcoins try to imitate Bitcoin such as Litecoin which uses a copy of the Bitcoin code with the aim of being a lighter and faster version of the original, but this cannot have a big impact and Bitcoin still maintains its position. Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond are also unable to beat the market capitalization that Bitcoin has achieved.

There is a big trust on bitcoin and its community which makes more people to rely and believe in bitcoin than altcoins. If you look from the creation of bitcoin, after several attacks from government, media and others, bitcoin was able to survive and grow in all these critics to this level, because it's beyond government control due to its decentralized nature. Furthermore, those investors that have invested in bitcoin since cteation till date has never been disappointed for hodli their bitcoin because the value has increased drastically and it is also a hedge to inflation. No altcoin has these qualities, most of time remain on the same price for over four years, with only a little difference in price addition.

[Mahanton]

Bitcoin dominance in the Crypto market is very influential for altcoins and greater control. Bitcoin which is the largest crypto asset by market capitalization can influence other coins to move in the same pattern, when Bitcoin goes up, other Altcoins tend to increase, when Bitcoin goes down, there is a possibility that other coins will go down at the same time. Another reason that makes it impossible for Altcoin to beat Bitcoin is because Bitcoin is the mother of all Cryptocurrencies.

Bitcoin is the first cryptocurrency and will continue to be gaining more trust because of the ways that most altcoins investment turn out, there are many altcoins scamming people and making people to lose money than those making people to make money. I have not been long in the industry but from the few altcoins that I have bought, I noticed I made very little profits from them but when I bought bitcoin. My profit was better than the altcoins. You are likely going to lose buying altcoins because everybody  that are buying too have the same mindset, they want to make quick profit and sell their coins therefore, there is nobody trying to hodl the altcoins for long as we have many people buying Bitcoin just to hodl it for very long time.

As long it do serves its purpose then it will really be that unlikely that it could be easily replaced by something. We do know that being first or the original crypto coin that first launched in the market or something that being the origin of cryptocurrency then it will really be that something so hard to believing that it could be easily be overtaken with some altcoins. I do agree on some posters saying above that features might be that outdated but if it do able to do its purpose or function then it will really be that enough but i do also agree into the possibility that everything could really and its really that having those chances or probabilities because there's no way that we can predict on what the market would really be looks like.

The dominance says it all and thats why it will really be that so hard to believe that it could be easily overtaken or be replaced into its spot.
If the investor or overall community seeing something wrong with Bitcoin and have decided to leave it then it could happen but just like on what we do all know
that this is something that really hard to believe for this to happen.

[mirakal]

Honestly, there’s no reason to compare altcoins to bitcoin when it comes to price potential—they are certainly two different things. It’s not just about market supply and price; it’s about usage and adoption too, which makes it nearly impossible for altcoins to match bitcoin. In fact, throughout past bull seasons, we haven’t seen a single altcoin come close to bitcoin’s price. Which means that despite its volatility, bitcoin continues to attract a huge number of investors. This only proves that bitcoin will remain the #1 leader in the market now and in the years to come.

So, let’s stop comparing bitcoin to altcoins; whether we like it or not, bitcoin is still the king of cryptocurrency.

[Negotiation]

If the entire cryptocurrency universe expanded from a single point that point would be bitcoin the first cryptocurrency. Bitcoin is the most dominant in the crypto market many times it is seen that the value of altcoins increases depending on the price of bitcoin so we never compare altcoins with bitcoin. Everyone's first choice for investment is bitcoin and crypto market bitcoin king if you can hold it for long time you can get good profit, less chance of scam. The crypto market is not stable and if the price of altcoin goes down, there is little chance of going up. Altcoins are more likely to be scammed altcoins are less attractive to investors. The demand for Bitcoin in the crypto market is high with many investors investing in bitcoin which will further increase the value of bitcoin.

[legiteum]

Here are some examples of products and companies that dominated the market to the point where people at the time never thought they would ever ever EVER lose their dominance:

* General Motors
* IBM
* Netscape Navigator
* Internet Explorer
* MySpace
* Microsoft

Note how companies like Microsoft, IBM and GM are not "gone" today, and they are still a very big, very relevant companies. It's just that they are not the absolute king of their industries like they once where.

Companies and products don't stay on top for very long. Technology changes. Bitcoin is too slow and expensive to be a ubiquitous currency for everyday transactions, and is vulnerable to platforms that were actually made to serve every person on earth.

If you want to make +10% or +20% of your investment, then perhaps Bitcoin is right for you. If you want to make 100x or 1000x your investment, you will need to think outside of the current market and look for the things that will drive the next wave of innovation--and prepare to be wrong sometimes.

If you are kicking yourself for not buying Bitcoin when it was only $10, ask yourself if you are really brave enough to do that. Most people aren't. Spotting the next wave is scary .

[danadc]

My answer and thoughts are a resounding no.

There can't be a more reliable cryptocurrency than Bitcoin and if it were to happen that an altcoin reached a very high price it would have to be Maintained for at least 10 years to be able to start believing in that altcoin, and that doesn't happen, an altcoin can grow a lot, but then it will deflate, it will be a big bubble and it will collapse, the only reliable currency, the one that will not let us down for anything in the world is called Bitcoin, it is the only one that we Should worry about having, about accumulating.

[taufik123]

Honestly, there’s no reason to compare altcoins to bitcoin when it comes to price potential—they are certainly two different things. It’s not just about market supply and price; it’s about usage and adoption too, which makes it nearly impossible for altcoins to match bitcoin. In fact, throughout past bull seasons, we haven’t seen a single altcoin come close to bitcoin’s price. Which means that despite its volatility, bitcoin continues to attract a huge number of investors. This only proves that bitcoin will remain the #1 leader in the market now and in the years to come.

So, let’s stop comparing bitcoin to altcoins; whether we like it or not, bitcoin is still the king of cryptocurrency.

Similarly, comparing between a Mother and Child and a child born to a Mother (Bitcoin) can never match it in terms of position or anything.
Bitcoin is the origin of all the altcoins that have emerged, and there are many claims made that this coin, and it can rival bitcoin, but when the price of Bitcoin drops all are affected and cannot survive.

And yes it's not just about supply and price, but how real adoption is done and how about the use of bitcoin so far and the community that has always supported Bitcoin.

Bitcoin remains the king of all altcoins, Bitcoin is the center and cannot be compared to anything.

[icalical]

Here are some examples of products and companies that dominated the market to the point where people at the time never thought they would ever ever EVER lose their dominance:

* General Motors
* IBM
* Netscape Navigator
* Internet Explorer
* MySpace
* Microsoft

Note how companies like Microsoft, IBM and GM are not "gone" today, and they are still a very big, very relevant companies. It's just that they are not the absolute king of their industries like they once where.

Companies and products don't stay on top for very long. Technology changes. Bitcoin is too slow and expensive to be a ubiquitous currency for everyday transactions, and is vulnerable to platforms that were actually made to serve every person on earth.

If you want to make +10% or +20% of your investment, then perhaps Bitcoin is right for you. If you want to make 100x or 1000x your investment, you will need to think outside of the current market and look for the things that will drive the next wave of innovation--and prepare to be wrong sometimes.

If you are kicking yourself for not buying Bitcoin when it was only $10, ask yourself if you are really brave enough to do that. Most people aren't. Spotting the next wave is scary .

It's true that many dominant companies eventually lost their lead. But, in term of bitcoin there is factor in recent developments within the ecosystem of Bitcoin that are geared toward shoring up its lead. Yes, Bitcoin has issues around scalability, but it's already taken on by the likes of the Lightning Network. Major integrations and institutional support, including Bitcoin ETF, reflect not just continued demand but increased investment in scalability solutions that would make Bitcoin more versatile for everyday transactions.

Also, with the way some altcoins have set their eyes on different niches, strong security and decentralization are exclusive selling points of Bitcoin in light of emerging sidechains and zero knowledge rollups handling bigger volumes and new use cases. It is still speculative to bet on Bitcoin's growth, but at least given the pace at which scaling tech and adoption are currently unfolding, it is not limited to small returns.

[legiteum]

It's true that many dominant companies eventually lost their lead. But, in term of bitcoin there is factor in recent developments within the ecosystem of Bitcoin that are geared toward shoring up its lead.

If you follow the broader crypto market, you would see that almost all of the new developments are in currencies that are NOT Bitcoin, as are most of the new financial developments.

Bitcoin itself hasn't changed in years, and neither has it's application.

Yes, Bitcoin has issues around scalability, but it's already taken on by the likes of the Lightning Network.

LN is not Bitcoin, and using LN is no different than using XRP or Haypenny currencies, as far as Bitcoin adoption goes.

Major integrations and institutional support, including Bitcoin ETF, reflect not just continued demand but increased investment in scalability solutions that would make Bitcoin more versatile for everyday transactions.

You are talking about centralized apps that "eventually" relate to Bitcoin in the background somewhere, financially speaking. That's not Bitcoin, that's another product entirely.

You are talking about Bitcoin being used as an investment instrument in a portfolio that backs some means of transacting. But that backing could just as easily be any other digital currency you want to bet on, or gold, or stocks, or whatever. The average user of this product wouldn't have any reason to care about Bitcoin per se, any more than they care about AAPL vs. NVDA.

Also, with the way some altcoins have set their eyes on different niches, strong security and decentralization are exclusive selling points of Bitcoin in light of emerging sidechains and zero knowledge rollups handling bigger volumes and new use cases. It is still speculative to bet on Bitcoin's growth, but at least given the pace at which scaling tech and adoption are currently unfolding, it is not limited to small returns.

Yes, I totally agree. There's nothing wrong with betting on Bitcoin, but there are many other things to invest in as well--and many of those things will return 10x or 100x or even 1000x to investors (and many will go to zero).

Bitcoin today is like gold: it will plug along for a long time and perhaps produce decent gains. But other products are going to be more like NVDA: platforms that completely alter the behavior of the average consumer, and become much more valuable than Bitcoin ever was.

[Tmoonz]

It's very uncertain for an Altcoin to overcome Bitcoin.

I remember a friend making the argument that Altcoins can overcome Bitcoin because they can incorporate additional features or technologies that bitcoin does not offer, to which I responded with the view that there are many factors that might make it impossible for an Altcoin to overcome bitcoin.
In terms of network effects, its an almost certainty that no Altcoin will get any considerable traction due to Bitcoin’s large user base and the heavy network effects.
Secondly, dealing with brand presence, it is also a mystery how many years will it take to build such a strong brand.
Speaking of security, other coins may put up a more competitive approach but it will be hard to replicate the hash rate and other security measures in place.
In the area of regulation, it is clear enough that bitcoin stands out from other coins because of its regulatory clarity and compliance advantages, as well as in ecosystem robustness– there are exchanges, wallets and payment processors for bitcoin which are enough to support a large scale adoption. Thus, in all these regards, there is a lot of hardships for Altcoins, and on this other hand, if we continue debating the counter-arguments, then there is no end to it as bitcoin is not short of such proofs. Therein, these make bitcoin still the best and the unmatched king of all the crypto assets.


Thank you'll for your effective contribution.

Let's not even try to make any form of comparison or given any present and up coming altcoins such credit that they will some day overcome Bitcoin, it is so unrealistic and retarding to think in such direction because the performance of other coins completely depends on Bitcoin performance, indeed there is no possibility of achieving such illusion, yeah one can only imagine it but is completely nothing to argue about. Bitcoin has proven to have a good and solid foundation that has a better realibilty functionalities as the king and leader of all other coins.

[Furious 7]

Bitcoin remains the king of all altcoins, Bitcoin is the center and cannot be compared to anything.

This is what should be the focus so that in the end no one will think that bitcoin can be overtaken by altcoins because this is indeed an impossibility that will happen.

Bitcoin will still be one level higher in terms of position even though it is in the same scope (crypto) but in the end bitcoin will not just be equated with altcoin because the focus is that altcoin will only be able to follow the movement of bitcoin that has become evidence that indeed bitcoin will not be overtaken.
There are no suppositions about this because we know that the king can never be overthrown at any time so there is no need to feel there is a comparison or give wild assumptions with bitcoin being overtaken because this will never happen.