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Author Topic: Bitcoin has no competition  (Read 43147 times)
Arisgado
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June 24, 2018, 09:33:15 AM
 #881

Bitcoin has been chosen as first digital currency. After many years of existing, Bitcoin has been accepted by many people in the world and it is considered as central digital currency for swapping each other. Bitcoin has no competition in crypto and people should accept it. Bitcoin will be king forever.
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June 24, 2018, 09:44:18 AM
 #882

Personally, I am leaning more towards the idea of the other cryptocurrencies such as Litecoin, Bitcoin cash and others as direct substitutes and competitors in the near term for adoption as we are still in the very early days. Only time will tell my friends.
mak2017
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June 24, 2018, 09:45:29 AM
 #883

I don't see any coin on the market today which can compete with bitcoin, as only with btc you can buy other altcoins.
Also worth noting that blockchain of bitcoin is the most stable since almost 10 years now, which also shows how strong this crypto currency is.
Bitcoin doesn't offer such opportunities like Ethereum with their smart contracts, and it don't need to.
For me Bitcoin is true digital gold which will only gain its value with time.
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June 24, 2018, 10:32:46 AM
 #884

I am fully agree with you. I am seeing the future in it. I think it will suit for international transaction. And it will lead other crypto currency. If any other better idea comes. Market will welcome it.
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June 24, 2018, 11:56:10 AM
 #885

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.

This is already concluded that Bitcoin is very stable and strong on these years of 2016 and 2017 in which no Altcoins have successfully supersede it during this time but now this 2018 in which Bitcoin will now be tested again as this year current performance is average low and almost reach the $6,000 from ATH of 19,800. Most people are now afraid to join the investment because instead of it will be an opportunity to buy at cheaper price it now makes people to confused and afraid to join thinking that they might lose their money. Therefore let's wait and see again of what will going to happen next.
Although as of now, bitcoin has virtually no competitors that could equal the said cryptocurrency in terms of power and value, we can't really tell whether this would go on for as long as the industry is alive. But don't fret though, because bitcoin being replaced by another cryptocurrency in its number one spot is mot a bad thing but instead an indication that there is a healthy competition in the industry.

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thegreatdodoy
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June 24, 2018, 12:10:14 PM
 #886

No, There are many coins today want to compete bitcoin but its very sad because they are far behind in terms of profitability, market value, popularity and trust from many investors.
Renu kapoor
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June 24, 2018, 12:56:59 PM
 #887

Bitcoin has no competition in the market of coins till date, thousands of coin come and go but bitcoin is still as it is at number one coin, no doubts it faces the ups and downs of the market but no damage is there to its position, if we compare with other coins difference of the second best coin is to much and we can say with this difference that coin cannot compete with bitcoin.

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vonnyaries
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June 24, 2018, 12:59:45 PM
 #888

right now the big competitor of bitcoin is legalized from govertnment, it will be the main problem right now and we can pass it if we want to see bitcoin is increase the price, popularity and the other, so i hope that it will happen soon, that bitcoin will accepted in all country in the world

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Promitestake
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June 24, 2018, 01:04:07 PM
 #889

Bitcoin will continue to be the high-quality, bitcoin is the coronary heart of the world of cryptocurrency. because perhaps one day while we awakened,theres a brand new altcoins might update bitcoins in its postion as a primary crypto cash in the market,maybe not now but maybe soon and we couldn't guess the exact second while should it show up. there's no competition inside the world of crypto, simply make investments to it and declare your cash if the price goes up. anything appear, be patient due to the fact bitcoin is a crypto foreign money. certainly, nobody can beat and fight bitcoin due to the fact it's far the king of all coins so it will continue to be in a long time.
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June 24, 2018, 01:51:19 PM
 #890

I feel that Bitcoin does not have a strong competitor to match this Bitcoin. Because Bitcoin is the first in digital currency. And Bitcoin also has a place in some of today's great countries to use. So, Bitcoin will always be the main one in terms of digital currency, and no one can match the power of Bitcoin.
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June 24, 2018, 01:56:55 PM
 #891

Although Bitcoin, the largest cryptocurrency coin market, did not lead in percentage terms last year, it was a factor behind the overall market. Four large crypto coins compete with Bitcoin: Litecoin, Stellar and Ripple.
HectorAlden
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June 24, 2018, 02:54:26 PM
 #892

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.
It will be wrong to say that bitcoin has no competition. It has indeed been number one but ofcourse it has competition. The ICOs are working great too. Coins like Lisk,PRG and ICX, they are coming up with their new projects which are totally incredible and are attracting so many users.
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June 24, 2018, 03:02:06 PM
 #893

I think these new cryptographic forms of money are beginning to hit somewhat of a divider because of the system great characteristics they have. As it were, the more individuals that receive one digital currency, the harder it is for another cryptographic money to get ventures and take off also. I think if digital forms of money stick around for some time, bitcoin will probably stay at the best except if another cash accomplishes something totally progressive which changes the diversion.
JeffreyElvis
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June 24, 2018, 03:20:35 PM
 #894

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.
Bitcoin is the top ranked coin in the crypto market but there is some competition. Yes, it has been able to regain its position again and again but look at these coins like ADA, QSP and TAU, they are working continuously. These coins are being acceptable by so many users and are giving them profits.
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June 24, 2018, 03:31:28 PM
 #895

I think it's the same thing.
altcoin for me is just a way to push or increase my bitcoin, when all my bitcoin is invested in some altcoin but in the end I sell it all for more bitcoin. so altcoin is the bitcoin drive itself that creates its value from the benefits of atlcoin.
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June 24, 2018, 03:35:31 PM
 #896

There are hundreds of cryptocurrencies out there, and it would be naïve to think that none of them has any good improvements. I think the problem is that most of them have many points of centralization, and certain improvements could be implemented in Bitcoin if there was a consensus
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June 24, 2018, 03:36:17 PM
 #897

Well, if there are alt coins taking over bitcoins then I guess we have to take advantage on that. But listen, you cannot buy ETH using Monero or vice versa... those coins needs to be sold in BTC first before buying another altcoin... so BTC surely is staying.




I think Bitcoin is made and worthless, people realize its potential and make it worth it. Altcoin created because their developers want to cut corners and earn fast money.
I want to support this argument. Altcoin is not created as an increase in bitcoin or to innovate crypocurrency. Most of them are merely pumping and disposal schemes superimposed to look like 'next big thing'.
News altcoin may be more advanced in the technical field - for now, because bitcoin can be improved. But then it never beats one and the most important attribute of BTC - near the perfect initial distribution.
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June 24, 2018, 03:39:11 PM
 #898

Speaking of achievements as well as the price of carbon, bitcoin is leading the current number one spot what bitcoin has achieved with us is the number one, but in the future we are not sure what will happen.
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June 24, 2018, 03:41:16 PM
 #899

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.

I think bitcoin has many competition making it much stronger and more reliable. Its competition really give it a hard time so it should become more dependable or the most among the rest.
lillyann
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June 24, 2018, 03:44:31 PM
 #900

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.
BTC has always been attacked and will be. It is an asset for some not very handy. Lack of regulation prevents control over finances and taxes ...
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