Bitcoin has no competition

[CoinFoxs]

As far I observe these past years when I am into bitcoin, no other cyrptocurrency can compete into bitcoin. Because bitcoin is leading on top of the market. It become the most used as digital currency over the world and become popular though.

If we talk about present days still there is no cryptocurrency that will replace bitcoin or compete with bitcoin. Bitcoin growing day by day, more people trust bitcoin and invest into bitcoin, bitcoin will stay at no 01 for long time.

[ice098]

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.

because of its value no one can beat the bitcoin now. many people started to invest on it and it has been introduce to many people now. It is popular now and know to be the most trusted cryptocurrency nowadays.

[MWesterweele]

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.

Yes for now, but as time goes by many cryptocurrency has been develop, we dont know if someday there were be a cryptocurrency that will beat the bitcoin but I think it will be very hard to beat the father of all coins.

[Supercrypt]

Yes indeed. Bitcoin has no competition because it is the main and still the most used cryptocurrency in the market. I don't think that the altcoins are competitors because they can't be a competitor since they are just created because they stole ideas of bitcoin and they can't stand alone without bitcoin.

If we are talking in the current crypto currencies markets, there is no doubt that bitcoin has no competition in it, but if we are talking in general there are a lot of things that are going against bitcoin for example gold which has been dominating the market for so long and then there is fiat which will always be there because governments won’t allow bitcoin to become dominant on the market.

[Cherylstar86]

It has no competition on bitcoin because the currency is digital and even though price is higher or lower, everything is carried out from the top units until to the smallest unit of btc. We all know that there were more altcoins of btc but in the most part bitcoin is the mainstream of all, and competition doesn't toke place due to equalities of the values if we think of the whole part of bitcoin and not into several coins.

[dearbesz1219]

I don't see any reason that bitcoin is competing any business in this world. Maybe other business they're thinking bitcoin is competing them but why some of the business is adopting the system of bitcoin, if bitcoin is competing them like Dell, Amazon, and Apple, those are one of the well known company in the whole world.

[ethereumhunter]

As far I observe these past years when I am into bitcoin, no other cyrptocurrency can compete into bitcoin. Because bitcoin is leading on top of the market. It become the most used as digital currency over the world and become popular though.

its true and i am agree with you but what competitor the OP mean? if the competitor is from crypto currency then i think bitcoin has no competitor and bitcoin will always remain in top of crypto currency. but if the competitor is from another thing like gold, then i think bitcoin can compete with gold with all of the benefit from bitcoin and gold and its depend on people, what they want to do and what they want to use as their investment.

[The_Dark_Knight]

No offence OP. Stating that Bitcoin doesn't have any competition is pretty naive, there is an investment that is going up in value as time goes by. That investment is called Gold.
It may not seem like it's worth a bunch of money right now because of the volitility of the price though if you look beyond the USD price chart you will see that there wasn't a set price for Gold.

Gold is really a safe haven for some who know how to just count measurements and is more reliable than Bitcoin.

So, yes Bitcoin does have a competitor.

Gold will always be a competitor and not only to bitcoin but to fiat currencies as well since we must not forget that gold has been the currency of choice for thousands of years while fiat has been around in its current form just for a hundreds of years.

[Sled]

No offence OP. Stating that Bitcoin doesn't have any competition is pretty naive, there is an investment that is going up in value as time goes by. That investment is called Gold.
It may not seem like it's worth a bunch of money right now because of the volitility of the price though if you look beyond the USD price chart you will see that there wasn't a set price for Gold.

Gold is really a safe haven for some who know how to just count measurements and is more reliable than Bitcoin.

So, yes Bitcoin does have a competitor.

Gold will always be a competitor and not only to bitcoin but to fiat currencies as well since we must not forget that gold has been the currency of choice for thousands of years while fiat has been around in its current form just for a hundreds of years.

I think gold is not a competitor for bitcoin because they are so different to each other. Gold can be physical and virtual investment while bitcoin is just virtual and bitcoin is a currency/digital money while gold is just an investment or asset so for me we can't consider gold as a competitor but in my opinion, altcoins are more like bitcoin competitor rather than gold.

[FlightyPouch]

As far I observe these past years when I am into bitcoin, no other cyrptocurrency can compete into bitcoin. Because bitcoin is leading on top of the market. It become the most used as digital currency over the world and become popular though.

If we talk about present days still there is no cryptocurrency that will replace bitcoin or compete with bitcoin. Bitcoin growing day by day, more people trust bitcoin and invest into bitcoin, bitcoin will stay at no 01 for long time.

Yes bitcoin will stay number 1, but if you think about why are they using it, it makes sense when you say that because it has the highest price with other altcoins. If litecoin has the higher price than bitcoin it will be used and be more popular than bitcoin.

[Subrojit Roy]

for the next 10-15 years maybe bitcoin will be dominate the cryptoworld however i doubt that there is any other cryptocurrency or altcoin that compete with bitcoin in fututre. As we can see that there are many rising competitors out there, but for the moment there are no better than bitcoin by it's technology and popularity, but it just mater of time hoping bitcoin still being mother of crypto at least in this century

There are some other crypto coins that are in competition but i dont think any other crypto currency or any currency can overtake bitcoin.Bitcoin users are increasing day by day in large numbers.

[clickerz]

Yes indeed. Bitcoin has no competition because it is the main and still the most used cryptocurrency in the market. I don't think that the altcoins are competitors because they can't be a competitor since they are just created because they stole ideas of bitcoin and they can't stand alone without bitcoin.

There are some altcoin that have good prospects in the future to grow, but it will not be able to compete and defeat bitcoin. You're right, bitcoin is the main crypto and many people use it. Altcoin is basically part of technology bitcoin that modified or developed, so it is still from the bitcoin. And most altcoin not last long. So if say bitcoin has no competition, it's probably true.

I do agree with altcoins,there are altcoins which has a better backing from a group of investor. Bitcoin is the pioneer in cryptocurrency and established its credibility but there are altcoins also who can rival or challenged bitcoin. Take for example the ETHereum, it has also several good projects on lineup.

[Astvile]

It maybe but still varies in what future development will developers do to improve bitcoin.As you can see when etf is rejected too much graph drop on bitcoins price lately this may be a problem

[jonnybravo0411]

It maybe but still varies in what future development will developers do to improve bitcoin.As you can see when etf is rejected too much graph drop on bitcoins price lately this may be a problem

If we compare prices on trade exchanges, bitcoin leads in all respects in terms of growth and level of value. Perhaps we are seeing a monopoly on the currency market in the future.

[Ravion]

As far I observe these past years when I am into bitcoin, no other cyrptocurrency can compete into bitcoin. Because bitcoin is leading on top of the market. It become the most used as digital currency over the world and become popular though.

Bitcoin has been in use for many years and has a somewhat proven track record. Any other similar currency would have to prove itself similarly.
I think that any similar currency could only compete with Bitcoin if it were to use entirely new and revolutionary technology. Or perhaps if a similar currency has a huge appreciation in value, more than Bitcoin. That would definitely attract attention.

[Sled]

It maybe but still varies in what future development will developers do to improve bitcoin.As you can see when etf is rejected too much graph drop on bitcoins price lately this may be a problem

The drops of the price of bitcoin in different markets are not that big deal because of the etf. Those drops are normal for this kind of young coin or currency because it doesn't have a fix value and it always depend on the demand of the people. The previous drop was almost recovered because the price of bitcoin now is continue crawling to 1300$ again.

[savioroshan]

Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and  people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.

[carlerha]

As far I observe these past years when I am into bitcoin, no other cyrptocurrency can compete into bitcoin. Because bitcoin is leading on top of the market. It become the most used as digital currency over the world and become popular though.

Bitcoin has been in use for many years and has a somewhat proven track record. Any other similar currency would have to prove itself similarly.
I think that any similar currency could only compete with Bitcoin if it were to use entirely new and revolutionary technology. Or perhaps if a similar currency has a huge appreciation in value, more than Bitcoin. That would definitely attract attention.

yes that is very right to say that bitcoin has no competition. as bitcoin is the world number one crypto currency and hope that it will continue as number crypt currency of the world.

[Creepings]

Among all the cryptocurrencies , bitcoins price is high . It doesnt mean that bitcoin has no competition. Bitcoin is more popular and familiar to common people because it is the first of its kind and  people started to buy bitcoins. Because of that it price increases day by day and it always appears in the headlines of all news portal. All other coins are not so popular. Thats why people prefer bitcoin than other altcoins. Now altcoins also started to get popular. In the near future they can also become a good competitor to bitcoin.

Bitcoin just got the highest price thats why many people use it. But thay also use other cryptocurrency because they also want to earn bitcoin, if you know what I mean.
They mine other altcoins because it is easy to mine than bitcoin. Bitcoin is really hard now to mine, thats why we just mine altcoin and trade it to bitcoin.

[electronicash]

it may take some time but there will be, either Eth or DASH will soon rise you to compete BTC with almost same price. the crypto market has been exposed to people who are looking for investment through the help of SEC and now they are gathering as much as they can. prices will soon rise.