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Author Topic: Bitcoin has no competition  (Read 43196 times)
Ashong Salonga
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July 22, 2018, 12:58:03 PM
 #1441

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.
Well i think it is true that bitcoin has no competition because we all know thst bitcoin is the strongest crypto and no one altcoin can able to to replace bitcoin, maybe there are some altcoins that can also have a future but bitcoin will always be the best.

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niteroy
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July 22, 2018, 05:40:36 PM
 #1442

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.
It's true, there are many promising coins backed up by a technological basis that can be quite popular, but I believe that they can not all be compared to Bitcoin just as it is impossible to compare Gold with other less valuable metals. Bitcoin, like Gold will always be the first.
Ikonik
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July 22, 2018, 05:44:42 PM
 #1443

Bitcoin has been steadily losing market cap dominance, from 90%+ just two years ago to ~80% today.

When it comes to exchange dominance it's just 66.4%.

This trend will probably continue and in a few years there will be people using cryptocurrencies that do not know what bitcoin is.

It´s easy to dominate with about 100 alts.But now with over 2000 BTC is still a KING
Ikpirijor7
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July 22, 2018, 06:00:57 PM
 #1444

As supposed, until the new advanced technology which is better than blockchain will be released,people will start to think which is best, but it's still too far to be realized,but it's about the time
hoosen
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July 22, 2018, 08:38:53 PM
 #1445

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.
The Bitcoin has no competition before it was created and discovered, but now many people see their capabilities and what they can do more in the future, so many altcoins have also been created to help Bitcoin on its way.
Devnant
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July 22, 2018, 08:41:34 PM
 #1446

If you are just reffering to cryptocurrencies, bitcoin has many competitors, like ethereum, litecoin, eos, and a few other coins more. But in terms of "store value", then the only competitor that it has, is the fiat money and the banks

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doch
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July 22, 2018, 09:42:10 PM
 #1447

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.
yes competitor  may always be there but i do not think that any altcoin can come to bitcoin level, bitcoin is the most popular currency of the world and is ruling over the world and will hopefully continue as number one crypto currency of the world for a long long time. i cannot see any competitor of bitcoin in near future which can give tough time to bitcoin.
MMA
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July 22, 2018, 10:27:48 PM
 #1448

Yes, we must stick to our beliefs. Bitcoin is still the king of encrypting the world. In the history of encryption, 90% of the coins have disappeared, while bitcoin has become more and more powerful.
That is right and i think that most of the people already know about it, bitcoin is the number one crypto currency and will even remain number one for a long long time, because i cannot see any competitor of bitcoin who can compete with bitcoin. Bitcoin is the number one crypto currency and will always remain as the number one crypto currency forever.
thet
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July 22, 2018, 10:59:09 PM
 #1449

Of course,  bitcoin has no competition.  Bitcoin is a digital currency that needs some support from us to improve it and discover for more ideas about bitcoin.

The Cryptologist
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July 23, 2018, 05:56:56 AM
 #1450

There is EOS and NEO which is the competition of bitcoin. Bitcoin just made earlier but if those two existed at the same time with bitcoin, it would be very hard to choose. Eos and neo still has a chance to prove they are better than bitcoin so never be so sure of everything.
glowing10
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July 23, 2018, 06:02:37 AM
 #1451

There is EOS and NEO which is the competition of bitcoin. Bitcoin just made earlier but if those two existed at the same time with bitcoin, it would be very hard to choose. Eos and neo still has a chance to prove they are better than bitcoin so never be so sure of everything.

Both are at very early stage of the cycle and we cannot say that it can cause the threat to the bitcoin directly. Currently they need to grow stronger even to beat ETH. Their next target has to become the ETH of the altcoin and then we can look at the next step.
baby02
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July 23, 2018, 06:25:08 AM
 #1452

In my own opinion, soon Ethereum will take over bitcoin in leadership, I think bitcoin has lost the dominancy over the altcoins, who knows soon,this company Buterin Vitalik and thier developers would speed up the progress of Ethereum to dominate all coins, only time can tell.
Lalendrayasas
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July 23, 2018, 06:37:50 AM
 #1453

Bitcoin truly does not have rivalry since it is the fundamental cryptographic money and still uses in the market. we have not believed that altcoin is one of their rivals isn't fit for being a contender since they have quite recently made it since they stole the possibility of bitcoin and they can not remain solitary without bitcoin. Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
crypto1010
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July 23, 2018, 06:47:16 AM
 #1454

Right now bitcoin has the biggest market and leads by a huge margin making it to literary have no competition and a bad side effect from this making it to have a few people that believe in it as its seen as speculative which bars most big investors, but should a way of introducing a centralized crytpo bitcoin will have competition.
Winnerschapel
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July 23, 2018, 06:55:24 AM
 #1455

Obviously, bitcoin has a lot of competition in the space now. Its market capitalization is been shared with other coins in the market. Etherum, litecoin, xrp, neo are all competing with bitcoin but bitcoin is still remains the father of all Cryptocurrency
thefatman82
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July 24, 2018, 11:35:04 AM
 #1456

Bitcoin has no competition in the market of coins to date, thousands of coin come and go but bitcoin is still on the top. No doubts Bitcoin face the ups and downs of the market but no damage is there to its reputetion.
daicavung
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July 24, 2018, 11:46:06 AM
 #1457

Currently BTC is the king of the cipher market, but we find that many coin is still based on BTC and more active development, but the price is still lower, in my opinion probably because the brand BTC has. high

Carney Nicholass
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July 24, 2018, 01:49:10 PM
 #1458

Slow and expensive are two factors that attract a lot of competition and, now, Bitcoin is no longer the only ""player"" in the field of coding anymore. Despite their first appearance, some said that it was a disadvantage for Bitcoin. Ethereum, with a market capitalization of about $ 67 billion, has attracted a lot of attention from large business due to its Blockchain model.Market capitalization of the Ripple (XRP) is over $ 33 billion and it could be the answer for the world in handling cross-border payments.The above are some of the largest currency coding but there are hundreds of other types of money out there.
That is why bitcoin has a competitive edge in the market.
pareshnakar
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July 24, 2018, 01:52:31 PM
 #1459

Bitcoin is high value coin no one coin is beat to bitcoin. and bitcoin value more increased and in future more increased so bitcoin has no competition in crypto market.

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alyssajane1982
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July 24, 2018, 01:53:37 PM
 #1460

There is EOS and NEO which is the competition of bitcoin. Bitcoin just made earlier but if those two existed at the same time with bitcoin, it would be very hard to choose. Eos and neo still has a chance to prove they are better than bitcoin so never be so sure of everything.

Both are at very early stage of the cycle and we cannot say that it can cause the threat to the bitcoin directly. Currently they need to grow stronger even to beat ETH. Their next target has to become the ETH of the altcoin and then we can look at the next step.


I agree, those altcoins are way too far to compared with bitcoin even though if they were existed in the year where bitcoin created, also there are lots of coins that existed before but already disappeared but bitcoin still remains now.
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