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Author Topic: Bitcoin has no competition  (Read 42996 times)
Clark05
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August 10, 2018, 10:06:05 PM
 #1761

Competition is always there, many people see bitcoin price is very high or became successful and they wanted to grow their money so they create new coin that competent to bitcoin someday.

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August 10, 2018, 10:09:58 PM
 #1762

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.


I will agree that bitcoin has no competitor,  because bitcoin is the first regestered digital money currency since it was created and can be trace back to the year 2009. And until now the popularity of bitcoin are still exist. And a lot of progressive country's adopt and welcome bitcoin as legal.
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August 10, 2018, 10:12:16 PM
 #1763

Bitcoin probably doesn't have competition, but there are people warning that it will in the future. I'm not sure how plausible this is: https://coingape.com/bitcoin-future-in-danger-eu-warns/
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August 10, 2018, 10:52:35 PM
 #1764

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.
Bitcoin has no competition.  It is merely just about time,  effort and dedication to maintain posting and checking.  Bitcoin being a established crypto currency has no competition as for me.

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Joeyvicky
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August 10, 2018, 10:53:40 PM
 #1765

Absolutely true talk without mistake. I still wonder after how significant bitcoin has proved itself to the world, there will still be people to doubt the rulership of bitcoin. To me is final and nothing else. I always say that the rising of bitcoin really gives hope to all coins. Can't you relate that the recent red sea of bitcoin has affected almost all coins. And that to me is the power of bitcoin. No, no no competitor.

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Jay51
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August 10, 2018, 10:54:35 PM
 #1766

Bitcoin has no competition because most exchanges provide crypto to crypto trading and fiat pairs are not easily available because many countries do not approve of this.
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August 10, 2018, 11:14:45 PM
 #1767

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.

There's really mo competition in all crypto actually. Investing isn't a competition, it's a way to help yourself go to the top and be successful rather. We only have one goal here, and that is to be successful in life and be stable for our future.
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August 10, 2018, 11:48:55 PM
 #1768

Bitcoin has a lot of competitors. Ethereum and litecoin are no exception but I believe in spite of all these coins, bitcoin will forever be the king of cryptocurrency.
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August 11, 2018, 12:05:57 AM
 #1769

Certainly, until the new cutting edge innovation which is superior to anything blockchain will be released, people will begin 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.
CrypTM
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August 11, 2018, 12:17:46 AM
 #1770

You are definitely right but I will say that still the attempts of some new coins to here are the threats to bitcoin and they are just diversify the focus on people from bitcoin.
Zaarin
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August 11, 2018, 04:21:01 AM
 #1771

There is no doubt that bitcoin has no competition because bitcoin is the first cryptocurrency and it is the best crypto along in the midst of the in flames so i accept to that no one crypto can practiced to emphasis or overtake bitcoin as the number one coin, bitcoin value can enormously declare that it is the most promising coin.

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August 11, 2018, 04:33:34 AM
 #1772

bitcoin is not just currency its a legend. we all know that there are a lot of cryptos that doing good to take down btc and there a a lot of people belived that btc will be taken by those cryptos. even though btc faced a lot of struggles about its price still it is the number one crypto. this is a competition of cryptos and i believe that btc will not be dominated by others.
ClintonJ
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August 11, 2018, 05:41:10 AM
 #1773

There are a lot of cryptos in the crypto market and among them some of the are really doing good but bitcoin current market is very bad but still they are unable to exceed the popularity of bitcoin.
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August 11, 2018, 05:45:36 AM
 #1774

For my opinion Bitcoin has prove its critics wrong year after year but no one can predict the future perfectly ,Things might turn around in the future and an Altcoin that has more interesting and valuable features more than Bitcoin might surface.
Rooster101
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August 11, 2018, 06:01:41 AM
 #1775

There is still no possible competition for bitcoin as of this year and it will still rule the world of cryptocurrency for more years. It will take a lot of years before a possible coin will appear to challenge the bitcoin domination. The top coin has been criticized for being an old coin and was destined to die soon and will later replace by another coin that have a modern and innovative technology. But years later, bitcoin is still dominating the cryptocurrency market.   
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August 11, 2018, 06:04:54 AM
 #1776

You are definitely right but I will say that still the attempts of some new coins to here are the threats to bitcoin and they are just diversify the focus on people from bitcoin.
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August 11, 2018, 06:32:37 AM
 #1777

You might me right from one angle, you know I never thought of this ever, because every other cryptocurrency is Under btc damn.

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August 11, 2018, 06:38:50 AM
 #1778

I am not using any other crypto currency at the moment, but I don't think any of them will ever overtake bitcoin. Its the standard of all, its like money now, do you see money competing with anything else? I really don't see that. So I feel bitcoin will hold it own in the market and would probably keep growing.

I started my crypto-currency journey back October last 2017. I have personally witnessed friends and family members obtaining it. Others bought at $3,500.00 and still HODL right now. I'm in close monitoring about how bitcoin will work. I would also agree that Bitcoin has no competition.
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August 11, 2018, 07:14:13 AM
 #1779

I am not using any other crypto currency at the moment, but I don't think any of them will ever overtake bitcoin. Its the standard of all, its like money now, do you see money competing with anything else? I really don't see that. So I feel bitcoin will hold it own in the market and would probably keep growing.

I started my crypto-currency journey back October last 2017. I have personally witnessed friends and family members obtaining it. Others bought at $3,500.00 and still HODL right now. I'm in close monitoring about how bitcoin will work. I would also agree that Bitcoin has no competition.

There are a lot of coins in the market now. I would agree that Bitcoin on its current state has no competition, but for me in the near future it will serve as main branch once Block-chain technology has bloomed.
alexgreen2018
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August 11, 2018, 07:35:13 AM
 #1780

Currently bitcoin has no competition. Since last 2-3 weeks bitcoin dominance has seen a big increase. This is on a rise only. Others alts are taking a beat.
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