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Author Topic: Bitcoin has no competition  (Read 43147 times)
Nicholas Ferreiraa
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July 15, 2018, 03:59:40 PM
 #1281

I agree with your point of view. Since Bitcoin is an evolutionary software, other codecs are hard to compete with.
asbak66
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July 15, 2018, 04:08:27 PM
 #1282

Im very agree with your opinion because on crypto world bitcoin is like a god
No one altcoin can beat bitcoin domination on crypto world
And the fact is just like that other coin will be always behind bitcoin

P60
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July 15, 2018, 04:13:25 PM
 #1283

I agree with your point of view. Since Bitcoin is an evolutionary software, other codecs are hard to compete with.
Indeed, bitcoin has no competition; bitcoin the king of cryptocurrency, no one could beat it right now even though the price is falling; it is remain the on the top.

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July 15, 2018, 04:14:10 PM
 #1284

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.

We can still say that Bitcoin has no competition in terms of IT'S VALUE. We can say that Bitcoin's value is really hard to achieve because of the fact that it became a basis for other Cryptocurrencies to be their basis for initial prices. If we consider their platforms in terms of the usage and availability for people's demand, we can still say Bitcoin's platform is useful for creating transactions and creating payments but of course, there are a lot more usable platforms other than Bitcoin and some of them are really making their way up to be known.

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July 15, 2018, 04:19:01 PM
 #1285

Satoshi's Bitcoin protocol has no competition.

Only on implementation / instance level we see a lot of competition, yeah.

Fiat or precious metals are definitely inferior.

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soros008
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July 15, 2018, 04:20:15 PM
 #1286

Yes bitcoin is a king but money making machines is Altcoins and daily trading giving me 10 to 20 percent but still bitcoin price is higher then other cryptocurrencies also second one is Etherium,In upcoming months bitcoin will show his strength and market manipulator make profit because whales are now buying bitcoins this is the Core currency in all cryptocurrencies.
Reagan_alvaro
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July 15, 2018, 04:29:39 PM
 #1287

I think Bitcoin is made and worthless, people realize its potential and make it worthwhile. Altcoin created because their developers want to cut corners and earn fast money.
while Altcoin is not made 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.
Hassan02
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July 15, 2018, 04:38:46 PM
 #1288

I agree with your point of view. Since Bitcoin is an evolutionary software, other codecs are hard to compete with.
Indeed, bitcoin has no competition; bitcoin the king of cryptocurrency, no one could beat it right now even though the price is falling; it is remain the on the top.
as of this is what are some of what may bitcoin face on like they are facing to be the currency that no one may ever have to beat for and for being as the top currency of all time well we are able to aware on that there may ever have to change but for now this is what bitcoin is.
thedarksun
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July 15, 2018, 04:42:34 PM
 #1289

Yes bitcoin is a king but money making machines is Altcoins and daily trading giving me 10 to 20 percent but still bitcoin price is higher then other cryptocurrencies also second one is Etherium,In upcoming months bitcoin will show his strength and market manipulator make profit because whales are now buying bitcoins this is the Core currency in all cryptocurrencies.
Bitcoin in this year could be real money machine if market will recover cause it will finally go from this hole and show again that it has power to just recover, for me it will take some months but it will finally happen.
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July 15, 2018, 04:52:01 PM
 #1290

I also see that no one can compete with bitcoin therefore bitcoin prices are very expensive than other crypto currencies. at this time nothing can rival bitcoin but bitcoin can be influenced by bad news and the investors who sell it for a very cheap price.

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July 15, 2018, 04:55:33 PM
 #1291

I think the same.
Altcoin to me is just a way to multiply my bitcoins, sometimes all my bitcoins are invested in a few altcoins but in the end i sell all of them for more bitcoins.
lanekul
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July 15, 2018, 04:56:39 PM
 #1292

I agree that bitcoin will remain number 1 as it is the face of crypto. There is also no coin with anything unique in comparison to bitcoin.
KeijiN
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July 15, 2018, 08:13:51 PM
 #1293

For now I think it is true, because Bitcoin is the oldest, the biggest and most well-known cryptocurrency from all the others. I think that bitcoin for now is very overhyped and overvalued.
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July 15, 2018, 08:29:50 PM
 #1294

Bitcoin has no competition because it is the first and the highest of all. Also the best known and until a genius does not appear I do not think anyone exceeds Bitcoin.
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July 15, 2018, 08:57:47 PM
 #1295

1. Decentralization
The power of bitcoin is decentralization. Bitcoin does not belong to any centralized banking system, so it is stable.

2. Mining
Amount bitcoin is limited. Mining of bitcoin becomes more difficult, and the value of the coin will grow.

3. Security
Decentralization and encryption mean that bitcoin is safe.

4. Proof of work
Since all transactions are recorded, the possibility of fraud is minimal and immediately monitored.
That's why bitcoin is unbeatable !!!

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yvuj101
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July 15, 2018, 09:03:45 PM
 #1296

Yeah, it's a reality of technology is such that, if in the future there is new technology that is more profitable and better than bitcoin then surely everyone will switch using bitcoin or they use both. This will not be a problem because it's still too far away and we enjoy what we're doing

It's money first, technology second. I doubt this forum would have more than a few hundred members if the whiff of money didn't hang around it.

You can't switch your funds and the trust earned to something new without risking setting a large amount of your funds on fire.

'Good enough' is an element that works in plenty of areas even when there's no money on the line. When there is, the incentive to improve, and tolerate, what you have overpowers every other thing.

As far as I know no other network compete bitcion in a fast earning methods of technology I am so blessed joining here can have an income and knowledge in business all over the world.
Rozita
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July 15, 2018, 09:07:00 PM
 #1297

Bitcoin has no competition because it is the first and the highest of all. Also the best known and until a genius does not appear I do not think anyone exceeds Bitcoin.

Only being the first cannot guarantee that there is no competitor. There is a high probability that another coin become a better coin than bitcoin by solving the problems that bitcoin is facing with.
Techfrog
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July 15, 2018, 09:16:01 PM
 #1298

Don't forget that there are still a lot of coins that are good enough to be better than bitcoin, but i do not think that they will ever surpass it, because it is not possible at this time.
But in terms of "banks and governments" no, bitcoin has zero competitors
rosepetals
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July 15, 2018, 09:18:13 PM
 #1299

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 i don't see any coins that can surpass with bitcoin and i guess we must stop comparing bitcoin to altcoins because bitcoin has already build its strong foundation for its users and adoptors for years but altcoins has just started with bitcoins concept,anytime they might crush out but bitcoin will remain even if its high votality situation and the bearish market would appear.

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July 15, 2018, 09:18:25 PM
 #1300

bitcoin clearly has no competition, it is the strongest and most promising crypto currency
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