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Author Topic: Bitcoin has no competition  (Read 43146 times)
RakelA96
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August 11, 2018, 08:37:15 AM
 #1781

Bitcoin is perfect for transactions where traceability is desired, and to some extent, transparency. Bitcoin is very business friendly, This is because all Bitcoin transactions are visible on the blockchain. Businesses love this feature of Bitcoin, not to mention that chargebacks are impossible. If they're concerned about volality, they can instantly convert the BTC to cash via Coinbase or another service. and I'm still surprised at how few businesses realize all the benefits that BTC offers.





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August 11, 2018, 09:23:01 AM
 #1782

Yes it is true bitcoin is the best among the all crypto currencies and also its popularity and acceptance is also high than others crypto currencies.
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August 11, 2018, 09:51:57 AM
 #1783

Bitcoin is the first digital currency and it's price is so high due to that it has become the most demanding coin in the world and now there is no any more coin who can beat the bitcoin. if any coin come to beat here with big price after some time then bitcoin will be reach with very high price from at present price.

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August 11, 2018, 09:52:26 AM
 #1784

It seems so, when many altcoin made their competing so bitcoin keep speeding ahead. I think need a special strategy to be able to compete with bitcoin. Everyone will make bitcoin as priority number one after that they will think altcoin. Lips sealed Lips sealed
Ayush rana
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August 11, 2018, 05:01:24 PM
 #1785

We can't say that bitcoin has no competition, There is competition between BCH, ETH, DASH and BTC. even BTC has more dominating power than others but After bitcoin these 3 coins are the most popular one. So how we can say there is no competition.

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August 11, 2018, 05:13:09 PM
 #1786

All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.

Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.

Let's continue then our path towards inevitable triumph.

In the scope of the future, I think bitcoin has the receiver's bitcoin cash. I'm not saying that this coin is better or it does replace bitcoin.  I'm talking about the fact that this coin has an important condition that bitcoin does not have. The speed of the transaction and the Commission for the transfer of funds. Bitcoin cash is already used by a large number of people in this large crypto community.
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August 11, 2018, 05:20:48 PM
 #1787

If that happens to bitcoin, I think the altcoin will be over, because the comparison with bitcoin will be relatively far, the price of 100k is fantastic. hopefully there is more innovation than that, so that the altcoin continues to grow.

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August 11, 2018, 05:24:42 PM
 #1788

I always love to see threads like this. indeed bitcoin has no competition we hear that a lot but seems  not to be understood by many. I just wanna add up. Bitcoin is the only long surviving coin after series of research by Satoshi Nakamoto. No other coin can overthrow this coin no matter how it is being forked. every one would love to have some. FUDsters are just singing in the air to  create panic only to buy from the fearsome persons.
Khan Apon
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August 11, 2018, 07:01:42 PM
 #1789

I think bitcoin is no competion,  because in this crypto world here are many coins,  example, BCH, ETH, DASH and BTC.  Here most popular coin is bitcoin.  And bitcoin price is very high for all coins.
In my opinion i want to say that, bitcoin has no competinon.           
Borisov
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August 11, 2018, 07:58:13 PM
 #1790

bitcoin will be indispensable and number one for a long time. other cryptocurrencies can't keep up with him. a big role is played by its popularity.
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August 11, 2018, 08:01:38 PM
 #1791

I do not quite agree with this opinion. I think that bitcoin will not completely absorb the market and there will be other alternative coins

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August 11, 2018, 08:02:13 PM
 #1792

Bitcoin is undeniable the top currency and the best crypto investment.
With it's current volume and market cap, it has all the potential to rise even higher and lead cryptocurrencies into the mainstream

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August 11, 2018, 08:08:42 PM
 #1793

Currently bitcoin marketcap reaches almost 50% of 1800 tokens and coins registered in coinmarketcap, this is certainly a strong indication that bitcoin does not have competitor coins so it dominates.

Yes, Bitcoin dominance is 50% now. This rate usually decreases when the prices is rising. This rate was 33% when bitcoin price was 19000. After the prices start to rise, everything is possible.
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August 11, 2018, 08:22:19 PM
 #1794

I’m sure that we will not see the big fall of BTC towards alts. To me, BTC is the main crypto currency and I think that’s obvious. The situation might change but it will take certain time.

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August 11, 2018, 08:30:25 PM
 #1795

I’m sure that we will not see the big fall of BTC towards alts. To me, BTC is the main crypto currency and I think that’s obvious. The situation might change but it will take certain time.
Yes, maybe that's for you, because you think too optimistically about bitcoin and its future. I, too, do believe that in the future the value of bitcoin will be very high. But I don't think we need to cover up the possibility that bitcoin could be worthless if there are other technologies that can replace blockchain. Or it is possible to create altcoins that are more profitable than bitcoin, although in reality there are already many altcoins that have benefits, functions and features that exceed bitcoin, but the price and market cap problems cannot compete with bitcoin. Let's wait for how it goes.

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August 11, 2018, 08:43:41 PM
 #1796

The popularity attention of bitcoin makes it somewhat difficult for people to pay attention to other coin, making it less competitive because large percentage trade bitcoin  to other coin
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August 11, 2018, 08:46:12 PM
 #1797

Talking of btc having no competitor is very real and even considering the current market and situation all coins are going through. It came a long way ago and it has really done its best.

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August 11, 2018, 08:50:24 PM
 #1798

on the current scale there are no direct competitors but all altcoins are bitcoin competitors that cannot be compared based on price but based on difficulties and markets.
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August 11, 2018, 10:51:26 PM
 #1799

I am also of the opinion that despite the ever-growing number of new coins, none of them will be able to repeat the bitcoin. He will lead.

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August 11, 2018, 10:58:25 PM
 #1800

Theoretically, there are coins that could replace bitcoin, but this will not happen. Bitcoin is not just a leader, it was created first constantly evolving. And therefore no coin will not be able to overtake him.
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