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Author Topic: Bitcoin has no competition  (Read 43151 times)
papa-tata
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July 21, 2018, 05:13:54 PM
 #1421

if assume btc no opponents consider it a very narrow mind. every ico many are designing good business and ecosystem. so it will be able to compete with the cryptocurrency that has been superior at this time. imagine if a large company that has branches around the world expands cryptocurrency and uses its coin for payment. would not that have a tremendous impact. Just think about it.
Xenoph0bia
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July 21, 2018, 05:19:32 PM
 #1422

think people will know bitcoin first then altcoin, because bitcoin can exchange into fiat, but for altcoin, its need to change into btc first then they can change into fiat. and yes i think bitcoin will become a mother of every altcoin for today and for future
as you wrote will think only those people who are completely remote from the sphere of crypto-currencies. for a long time now, the top alto coins can be used as independent settlement means, where they are supported and exchanged for fiat, there is also a variety of bridge technologies for the same exchange.
Yes this is true that bitcoin has no competition in the market.It is the number one cryptocurrency and no other cryptocurrency or altcoin has the potential to overtake bitcoin.It is the most expensive and valuable cryptocurrency.It has the largest number of users and investors as it gives huge amounts of profit returns and that too in a short period of time.Bitcoin is the hot topic in the market even after the fall in price.One should definitely have some bitcoins and hold them for future price rise.
kangkilokang
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July 21, 2018, 05:37:26 PM
 #1423

bitcoin always has competition, all the altcoin out there are its competitors and many of them compete with each other.
altcoin with new innovations such as bitcoin threats as well. and competition is a useful way to get people to see how good an item is. . but bitcoin still leads in the number one crypto currency and will remain as the primary number for good.

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registrationfee
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July 22, 2018, 02:02:58 AM
 #1424

Bitcoin will eventually achieve its ultimate goal of becoming the world's first recognized cryptosystem and becoming the national currency of the world. No other currency will compete with bitcoin right now. As you said, many times BTC has died in the past, so we are not sure that it can be repeated in the future.
travelgear17
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July 22, 2018, 05:34:24 AM
 #1425

Businesses love this option of Bitcoin, no longer to say that chargebacks are not possible. Bitcoin may be very business pleasant, and i am nevertheless amazed at how few corporations comprehend all of the blessings that BTC offers. If they're worried about volality, they could immediately convert the BTC to coins via Coinbase or some other provider.
burgerpatty
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July 22, 2018, 05:38:02 AM
 #1426

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.

Let's continue then our path towards inevitable triumph.


What is the logic for bitcoin going to 100k + per coin in 5 years ? Well, I thought bitcoin is as good as its technology.. And as far as competition is concerned, NANA/ IOTA/ COTI are all bitcoin competition.. And also Bitcoin Cash with bigger block size.. If the competitors become more popular, bitcoin automatically becomes less popular and starts to loose its value..

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July 22, 2018, 05:38:53 AM
 #1427

At present, it seems that BTC cannot be replaced, the development of BTC is only just beginning now, and the price of BTC will definitely break new height in 2020.

nangiarushali
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July 22, 2018, 06:09:02 AM
 #1428

Actually yes, BITCOIN has no competition.All the other coins in cryptocurrency world are not a tough competition for BITCOIN.Instead BITCOIN is a competition for itself.BITCOIN has to compete with its own previous performances.

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tempebacem
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July 22, 2018, 06:12:07 AM
 #1429

My view, bitcoin is the backbone where every other currency cryptocurrency, so it is difficult to compare bitcoin with other altcoin. The ups and downs of bitcoin are directly proportional to the ups and downs of most altcoins. so therefore being the first cryptocurrency by default gives bitcoin an edge over every other person who tries to compete with it. The ETH they say can not be compared to BTC. Smiley
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July 22, 2018, 06:15:26 AM
 #1430

Bitcoin is the coin which has made a lot of hustle, should be traded first if one has never invested in crypto market. But if you are a good analyst and researcher, trading with the asset which will benefit you the most always stands at number 1 coin.
Kolikalex55
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July 22, 2018, 09:15:27 AM
 #1431

Clearly and obviously the most important bitcoin market and he never was and never will be competitors !

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CraigShawn
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July 22, 2018, 09:18:42 AM
 #1432

Bitcoin has no competition so far because it has been very hard to change everything in code and if you can find anything similar to bitcoin code and with similar development then I think you have found see it as a competitor.
chrisnewsome
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July 22, 2018, 09:22:22 AM
 #1433

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 really made its own foundation to become strong for being the number one cryptocurrency in the world. One of the proofs of this statement can be depict from coinmarketcap.com, where bitcoin is second to none.
nagobinga
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July 22, 2018, 09:45:36 AM
 #1434

mamang really which currency can match it the most powerful currency in the internet world and in bitcoin there is only 1 who can not have a person who is a great market through transactions with the internet.
tonlong
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July 22, 2018, 09:59:52 AM
 #1435

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 really made its own foundation to become strong for being the number one cryptocurrency in the world. One of the proofs of this statement can be depict from coinmarketcap.com, where bitcoin is second to none.
The same to you unless an Altcoin is superior and prices are higher than Bitcoin and have more market capitalization than Bitcoin, it is possible to overthrow Bitcoin. Even its name attracts more people than any other Altcoin.
Masongrae
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July 22, 2018, 10:22:11 AM
 #1436

definitely until the new advanced technology which is better than blockchain will be released,people will start to think which is better,it's the time when bitcoin's fate,but it's still too far to be realized,but it's about the time

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

I agree. Indeed as technology changes eventually there are other cryptos who might come out good and better. But if such a thing happen i will not stop using the other if i can benefit in both of them. Meanwhile i will not make it a problem, i will enjoy bitcoin as it helps me and benefits me today.

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oa42ps321
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July 22, 2018, 11:40:13 AM
 #1437

Hi, its cool Shocked
dinar99
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July 22, 2018, 12:10:24 PM
 #1438

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.

No I think Bitcoin has many competitors. There are several  potential coin like ethereum, ripple, litecoin, EOS etc.
Stioned1987
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July 22, 2018, 12:35:33 PM
 #1439

bitcoin has tested its credibility inside the world of crypto, for now perhaps the competition does no longer show up strictly due to the fact the bitcoin price is above the average of other coins, however the destiny of crypto has simply started out and all opportunities can happen
Ramonranger
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July 22, 2018, 12:38:26 PM
 #1440

There are lot of cryptocurrency coin competing each other and bitcoin is one of them. Competition is always there as long as digital currency is emerging.
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