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Author Topic: Bitcoin has no competition  (Read 43143 times)
Hiroyuki879
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September 06, 2018, 10:26:57 AM
 #2061

Bitcoin definitely has competition!

There are several issue with bitcoin which are solved by other cryptocurrencies

Slow transactions which can take upto an hour
High transaction fees
Internal/governance issues
If we look at Ethereum it provides faster transactions at a lower fee. Ethereum also enables wide range of application by the means of smart contracts.
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odessit1377
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September 06, 2018, 10:52:55 AM
 #2062

For the first time bitcoin can not be falsified, the second time he has no borders, it is accepted by many countries that believe in the future of cryptography industry
Heleacce
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September 06, 2018, 11:11:20 AM
 #2063

I think Bitcoin has competition. After some time when cryptocurrencies will be something normal for all of us and Bitcoin want be anything new, people will look for more advanced technologies than BTC.
rajesharora002
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September 06, 2018, 11:23:39 AM
 #2064

I AGREE ABOUT THIS  BITCOIN HAS NO COMPETITION BECUASE bitcoin is visual currency this is on computer not in hard form like other countery courrency every people convert their contery  currency in bitcoin . so this the master or controler or exchaner of currency.
lamadu3
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September 06, 2018, 11:52:09 AM
 #2065

The right thing is that bitcoin is moving very rapidly, it's going to double its value within just 5 years of disputes.
It used to go up very rapidly. Not it has come onto the stage when it changes its price extremely fast. nevertheless, no one cryptocurrency can really compete with BTC.
Derizo
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September 06, 2018, 05:13:51 PM
 #2066

Bitcoin is the proud protege of cryptocurrency. You are true hundred percent. No currency will ever challenge the rule of Bitcoin. I love to see it in my lifetime but by analyzing the financial system, it doesn't seem possible. What are your opinions about this debate?
Naelanikor
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September 06, 2018, 07:08:46 PM
 #2067

Today I can agree with that statement, BTC's domination rises so fast because it has much more advantages and features to be as stable as possible. Of course there are a lot of great altcoins but they don't have such support.
doanngocdiep01
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September 06, 2018, 07:15:21 PM
 #2068

I am not using any other crypto currency at the moment, but I don't think any of them will ever overtake bitcoin. Its the standard of all, its like money now, do you see money competing with anything else? I really don't see that. So I feel bitcoin will hold it own in the market and would probably keep growing.
doanngocdiep03
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September 06, 2018, 07:18:24 PM
 #2069

definitely until the new advanced technology which is better than blockchain will be released,people will start to think which is better,it's the time when bitcoin's fate,but it's still too far to be realized,but it's about the time
Donationcoin
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September 06, 2018, 09:01:16 PM
 #2070

It is interesting for me also giving hope that from among 1700 cryptocurrencies there is no one like bitcoin, for 10 years from bitcoin developing there is no one who can compete!
bitcoinfuck
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September 06, 2018, 09:16:32 PM
 #2071

Bitcoin has been steadily losing market cap dominance, from 90%+ just two years ago to ~80% today.

When it comes to exchange dominance it's just 66.4%.

This trend will probably continue and in a few years there will be people using cryptocurrencies that do not know what bitcoin is.
dude they are called altcoins for a reasons, alt - coin

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towi078
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September 06, 2018, 09:29:40 PM
 #2072

The bitcoin community is growing, growing all over the world. It also becomes one of the strength factors of bitcoin in the future
Voidcrafter
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September 06, 2018, 09:44:51 PM
 #2073

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.
You're saying it right. That it's the only coin that's been around for almost 10 years. It is extremely difficult to compare with other coins. Even the Ethereum, which was said to be able to overtake bitcoin, is now just down and does not move. By the way Ethereum has a lot of competitors. pay attention to the SEM coin




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Glutius
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September 06, 2018, 09:58:47 PM
 #2074

I agree with you, bitcoin is a unique technology that to this day no one has been able to surpass. And hardly in general someone will be able. It will remain the main cryptocurrency and can be successfully implemented as a global currency.

Dinuka Sampath
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September 08, 2018, 02:07:18 AM
 #2075

I think this story is not correct that there is a lot of competition for Bitcoin in the world. Whom everyone thinks to own a lot of people. It's so valuable that it's so valuable that it's too hard to have such a thing, but people have very tough competitiveness To take.
Kelvinikke
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September 08, 2018, 02:12:18 AM
 #2076

In fact i must be honest, bitcoin has proven how strong it is over the years when some folks were thinking it will collapse soon. Be prepared for another surprise bull run from bitcoin before the year ends.

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Finatu
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September 08, 2018, 02:25:02 AM
 #2077

The right thing is that bitcoin is moving very rapidly, it's going to double its value within just 5 years of disputes.
I am sure bitcoin will not be defeated by altcoins, because bitcoin is the "spirit" of cryptocurrency. Without bitcoin, the crypto world will feel bland and can not be as famous as it is today. Bitcoin is definitely the world currency in the next decade, but digitally not fiat money. My prediction next year bitcoin prices reach US $ 20,000
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