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Author Topic: Bitcoin has no competition  (Read 43198 times)
arya123210
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July 16, 2018, 02:06:06 PM
 #1321

Bitcoin competitor is another altcoin they say in their forums, they say that their ico will be better than bitcoin and ico they will also be ico number 1 in cryptocurrency in all countries but i am sure it is just joke because till now their ico is hanging with bitcoin, I mean ico they will move when bitcoin is going up and ico they need bitcoin as resource so what they say it's all its just a joke
LarryX5
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July 16, 2018, 02:09:26 PM
 #1322

Bitcoin is far by the most adopted cryptocurrency by peoples and business because he is here for a long time. But the most important aspect is always an additional value of a product and regarding technology Bitcoin isn`t best compared to some other coins like Ehereum or Ripple. I think Bitcoin will be replaced by a technologically better coin.  
quocsi
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July 16, 2018, 02:14:28 PM
 #1323

I see the competition is always here. There is still a lot of high-value virtual currency behind the bitcoin. But bitcoin is still king and I keep investing in it and will get a lot of profit soon

arabellascott21
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July 16, 2018, 02:15:22 PM
 #1324

Bitcoin will surely have competition in the future.probably it will be ethereum as it has the 2nd in ranking in terms of prince. But these are just pure speculation. We can just wai and see the future.
Bakery cream15
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July 16, 2018, 04:54:07 PM
 #1325

It doesn't for now, but I think it will have a few competitors pretty soon: Monero, Gold and Silver. I think this will happen because of the recent events that will affect them and their prices, probably in a positive way. The economy is going down worldwide, heading maybe to something like 2008.
Mezze
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July 16, 2018, 08:11:50 PM
 #1326

Bitcoin is simply the father of all cryptocurrency and I dont see any other  altcoin replacing it

Father or not, better coins will surely come along in time.
Liternyy
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July 16, 2018, 10:04:19 PM
 #1327

Of course, bitcoin is the absolute leader in the world of crypto-currencies, and has no competitors, he is the prophet of all new digital currencies !!! And he rightfully is so and holds confidently in the first place !!!
cris17
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July 16, 2018, 10:44:44 PM
 #1328

I don't think that any coin can surpass the Bitcoin. Don't forget that the Bitcoin coins are limited, and in future, the value will only increase. We just need to wait a little bit.
darkphoenix2610
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July 16, 2018, 11:21:46 PM
 #1329

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 think Bitcoin has so many rival, some coins are waiting for the fall of bitcoin and I think it is alarming to the part of Bitcoin, but have confidence that the bitcoin will stay on top by its convenience and high service provider.
Birin016
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July 16, 2018, 11:26:55 PM
 #1330

It is not correct in current scenario to say that BTC has no competition. There are many projects coming out to compete the BTC. And some of them have very unique concept and now growing their plans rapidly. The dominance of BTC is just because it revolutionize the blockchain technology.
fonenumba
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July 17, 2018, 07:24:27 AM
 #1331

I'm thinking that for now the only kind that can be competitive to Bitcoin is Cardano (ADA), because it is very interesting project which can consist in at both bitcoin and ethereum advantages, probably it would be the next wave.
zoird
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July 17, 2018, 07:58:00 AM
 #1332

Over the past 2 years, the situation has changed a lot and bitcoin is not the only strong coin. Bitcoin has a lot of competitors who want to take the place of a leader.

Mezze
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July 17, 2018, 03:22:49 PM
 #1333

Over the past 2 years, the situation has changed a lot and bitcoin is not the only strong coin. Bitcoin has a lot of competitors who want to take the place of a leader.

It's the natural way of things. Technology evolves and new things come to life every day. Of course that new and better coins will come along the way but BTC will always have a high value.
melina152
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July 19, 2018, 02:06:00 AM
 #1334

I will keep ethereum as a competitor of bitcoin but it is very hard for ethereum to fight with bitcoin.
denzkilim
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July 19, 2018, 02:07:46 AM
 #1335

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 think Bitcoin has so many rival, some coins are waiting for the fall of bitcoin and I think it is alarming to the part of Bitcoin, but have confidence that the bitcoin will stay on top by its convenience and high service provider.
The only one that has the potential to compete with Bitcoin as of now is Ethereum, but I don't think that it will surpass Bitcoin in the future because Ethereum has unlimited supply unlike Bitcoin with a limited supply. There are also some good coins out there with a potential to enter the top 10 in market capitalization but if you ask if they have the potential to replace Bitcoin in its throne, I think it is impossible for them to even reach the total market capitalization of Bitcoin. Bitcoin already made a really solid standing in the crypto currency industry with its very secure blockchain that for 9 years there is no one able to penetrate its security and this is one of the major reasons why Bitcoin is the most trusted virtual currency. Cool
reality18
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July 19, 2018, 02:11:57 AM
 #1336

Bitcoin has set the record straight and with the pace it moves on the crypto market, it seems it has no competitor in terms of market capitalization and volume. Ethereum which is the direct competitor on the market even appears to have a long way to go in order to catch with Bitcoin in  terms of market cap.
jonaire99
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July 19, 2018, 02:44:03 AM
 #1337

It will take more years before a serious rival to bitcoin dominance will appear. Surpassing bitcoin is still impossible at this present because of its big market capitalization. Ethereum, its closest competitor, will have to achieve what the top coin achieved in the last few years to overtake it. Presently, the present group of coins in the market still posed no challenge in the bitcoin dominance.

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happistarjp
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July 19, 2018, 03:16:03 AM
 #1338

Bitcoin definitely has competition. Ever heard Ethereum, Ripple, IOTA, Litecoin, and etc? These cryptocurrencies are on the rise and if they do really well they could probably surpass what Bitcoin has achieved. The possibilities are endless.
giacatluong
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July 19, 2018, 03:29:15 AM
 #1339

We will become rich by holding Bitcoin soon, so some countries will have more obstacles to Bitcoin development and go backward because fiat currency is more and more depreciated.
GokeVN
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July 19, 2018, 03:31:10 AM
 #1340

yess u are right  bitcoin has no competition at all. people will slowly adopt bitcoins because it is the first of its kind and can earn a lot with it no matter how good the other alternate bitcoins may be no body can give a tough competition to bitcoins .it rules the world.
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