Competition of BTC

[Ulloa]

All the altcoins were in competition with the bitcoin. Bitcoin is the leader for such a technology. Even without altcoins bitcoin would never reached this position within a very short term of seven years.

I doubt that it will reach its peak at 7 years,its good to have competitors as its strives developer to work more and more to make bitcoin better.
Ideas coming from alts i a good thing which we can implement in bitcoin for the near future.

not that good to have many competitors, because the money will flow away from bitcoin to those shitcoin, and diluite the market, and thus making bitcoin less valuable, or less inclined to be valuable in the short term at least

Yes I think that Bitcoin will be more used later in the future as a good payment method. It will also replace dollar in the future.
And that is quite good. The world is also becoming more digital and that is very good for the Bitcoin.

[HarryKPeters]

I don't see it happening bitcoin will take over the dollar are even a small currency. Which is not bad, since the goal is different.
When it comes to competition of the altcoins, there is no even at 5% when it comes to the infrastrucure.

[armansolis593]

I don't see it happening bitcoin will take over the dollar are even a small currency. Which is not bad, since the goal is different.
When it comes to competition of the altcoins, there is no even at 5% when it comes to the infrastrucure.

It will surely replace dollar in 50 years time,at that time the bitcoin will be mainstream and all the country is using bitcoin.
Supporters of bitcoin have been making movements so that bitcoin will also be supported by big companies.

[panju1]

Even if a killer alt comes up, what stops Bitcoin developers (apart from their ego) from implementing the new features?
Ethereum is in an whole new league, though.

[haileysantos95]

Even if a killer alt comes up, what stops Bitcoin developers (apart from their ego) from implementing the new features?
Ethereum is in an whole new league, though.

Whole new league for?..eth contract is that what you are saying?.
Even the eth is still going to its development pace,so theres nothing new about that shit coin.

[Natlind]

There is no competition for Bitcoin. The second largest coin is Ethereum, but it is not just a coin.

[Nimbulan]

There is no competition for Bitcoin. The second largest coin is Ethereum, but it is not just a coin.

well even though ethereum is getting pretty big it seems that most probably it will not overtake bitcoin any time soon

i hope that bitcoin will be the largest currency in the future that will replace all the money and everyone will use it

[Jmild1]

I hope we can have a single currency all over the world to avoid banking system and middle mans, and hoping that would be bitcoin

[armansolis593]

I hope we can have a single currency all over the world to avoid banking system and middle mans, and hoping that would be bitcoin

That wont happen as we are devided  by many countries that want to rule the earth,now if we live in a world where there is only 1 government then we will have 1 currency.

[apriloni]

I hope we can have a single currency all over the world to avoid banking system and middle mans, and hoping that would be bitcoin

That wont happen as we are devided  by many countries that want to rule the earth,now if we live in a world where there is only 1 government then we will have 1 currency.

If everybody uses bitcoin, there will be only one currency for major transactions. The local currency will die out.