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Author Topic: Bitcoin has no competition  (Read 43147 times)
Mezze
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July 15, 2018, 09:19:22 PM
 #1301

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.

When you're the first in something it's just a matter of time before someone better comes along. It's natural for things to evolve and became better.
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July 15, 2018, 09:32:06 PM
 #1302

everything that happens will look good for users and developers, it will be great in the future and regret for those who leave. out there a lot of negative impression on bitcoin but I myself do not feel their anxiety about bitcoin I am proud to be here Cheesy
Jorge158
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July 15, 2018, 09:43:04 PM
 #1303

Now we should all accept that bitcoin is the KING in crypto and no other coin can overtake it. It is good that some projects are working hard all with the aim of overtaking bitcoin because it makes crypto strong. The truth however is no coin can compete with bitcoin.

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July 15, 2018, 09:53:53 PM
 #1304

In every environment there is competition, as competition is the driving force for development but the environment needs to be more healthy as well as it can take more development steps to assert its position.
so true, and all the crypto coins scattered in the cryptocurrency market are Bitcoin's competitors, that crypto coins appear and saying they are better than Bitcoin, faster, safer and will be of high value in the future and will beat the value of Bitcoin...

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July 15, 2018, 10:03:28 PM
 #1305

Itu used to be almost said if bitcoins have no rivals. But now, the threat to bitcoin because of this competition is starting to show. All crypto currency including bitcoin compete to get a good place in the market. Even bitcoin as the leader of crypto currency also has a heavy rival. If bitcoin can not make innovations and improvements then I am sure that the position of bitcoin as a leader of crypto currency could be shifted other crypto currencies.
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July 15, 2018, 11:43:35 PM
 #1306

Itu used to be almost said if bitcoins have no rivals. But now, the threat to bitcoin because of this competition is starting to show. All crypto currency including bitcoin compete to get a good place in the market. Even bitcoin as the leader of crypto currency also has a heavy rival. If bitcoin can not make innovations and improvements then I am sure that the position of bitcoin as a leader of crypto currency could be shifted other crypto currencies.

I will only say that bitcoin has a heavy rival when the dominant of bitcoin will decrease.
Right now, bitcoin is still holding the over 40% dominant rate, which means any move of bitcoin will affect the entire market.

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ganlianshifu1
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July 15, 2018, 11:50:02 PM
 #1307

BTC has strong competitors in China!
Because BTC is banned in China, China's mobile payment is currently the most popular payment method! In particular, WeChat payment and Alipay payment are very popular in China!
By the time the BTC gets a legal status in China, it will face enormous challenges!
devale
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July 16, 2018, 12:01:23 AM
 #1308

I think that altcoins are the competitor to the bitcoin if not directly they are indirectly. Due to the huge numbers of altcoins, bitcoin is not getting the desired amount of investment which would increase the market cap and will make the money not to flow into the other coins or icos

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eann014
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July 16, 2018, 12:04:10 AM
 #1309

I think that altcoins are the competitor to the bitcoin if not directly they are indirectly. Due to the huge numbers of altcoins, bitcoin is not getting the desired amount of investment which would increase the market cap and will make the money not to flow into the other coins or icos
I think that's reasonable enough that some altcoins get to compete with bitcoin because some investors are diving their investments and some other just turn to other altcoins because they think that altcoins are more profitable right now.
collision00
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July 16, 2018, 12:10:59 AM
 #1310

I am not utilizing some other digital currency right now, yet I don't consider any them will ever overwhelm bitcoin. Its the standard of all, its like cash presently, do you see cash contending with something else? I truly don't see that. So I feel bitcoin will hold it possess in the market and would presumably continue developing.
Ava Duvall
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July 16, 2018, 03:36:37 AM
 #1311

in the begging i think bitcoin had no competition, because it was new on the market. now there are so many more crypto cuurencies, while bitcoin may still be ahead question is for how long
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July 16, 2018, 06:57:18 AM
 #1312

Yes Bitcoin is no competition, it an easy to make some money ,but we have some competition you refer to is mostly because Bitcoin price has become more stable as of recent, no more devastating volatility as it had been just a couple of years ago
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July 16, 2018, 01:09:40 PM
 #1313

I don't agree that bitcoin lacks competition, but I agree that people are too quick to declare that bitcoin will die or lose its top position. Even during the scaling issues bitcoin proved itself to be a good store of value for savers.
I guess bitcoin has still a competition aspect when it comes to the markets ranking among the currencies. Do you think bitcoin would be popular if it is not rank 1 on the market? i think not. Cryptocurrencies competes and that is because of us, we are the one behind the values and why it is volatile, especially the bitcoin.
Joyjoy16
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July 16, 2018, 01:36:39 PM
 #1314

Bitcoin have a competition but as far i know bitcpin is the number one now.
kingkongcorp
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July 16, 2018, 01:42:47 PM
 #1315

Many want to destroy bitcoin but they can not because bitcoin is the best digital asset for their new ico ico example they say their ico will be better than bitcoin and ico we will be the best ico in the world of cryptocurrency in the world but it's all just jokes because now even ico they will move when bitcoin goes up so it's all nonsense
Red Fire
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July 16, 2018, 01:43:46 PM
 #1316

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 bitcoin has no competition because bitcoin goals only is to help many person and not make them feel competition. I think other currency only thinks that there is a competition because they wanted to be better than bitcoin.
somebadger
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July 16, 2018, 01:46:04 PM
 #1317

This is more than true and i am more than confident in that bitcoin will always be the first one on the entire market, and we all want to see it happening. let's all trust on bitcoin to see how the market will be going on the next few months from now
aryadiningrat123
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July 16, 2018, 01:54:18 PM
 #1318

Many other ico-ico who want to destroy the bitcoin you can see in their forums, they say ico they will be better than bitcoin and ico they will be the number 1 in all cryptocurrency but that's just bullshit until now even their ico is still dependent on bitcoin if there is no bitcoin maybe ico they can not move because ico they are just mengkonalakan bitcoin as their resource
kram31
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July 16, 2018, 01:56:30 PM
 #1319

Itu used to be almost said if bitcoins have no rivals. But now, the threat to bitcoin because of this competition is starting to show. All crypto currency including bitcoin compete to get a good place in the market. Even bitcoin as the leader of crypto currency also has a heavy rival. If bitcoin can not make innovations and improvements then I am sure that the position of bitcoin as a leader of crypto currency could be shifted other crypto currencies.

I will only say that bitcoin has a heavy rival when the dominant of bitcoin will decrease.
Right now, bitcoin is still holding the over 40% dominant rate, which means any move of bitcoin will affect the entire market.

I can say that BITCOIN has no rival, there are no competition with BTC.
i rather call the alternative cryptocurrency a support for bitcoin.
and that is true.
TitanGEL
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July 16, 2018, 02:05:55 PM
 #1320

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 has no rival in terms of capitalization and popularity, most of people are only aware to the cryptocurrencies because of bitcoin. Bitcoin proven that its value is always rising as time passing by.

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