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Author Topic: Bitcoin has no competition  (Read 43147 times)
cryptoblazter
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August 12, 2018, 11:31:39 PM
 #1821

Bitcoin, with its characteristics, making it rare and valuable. Now, with the emergence of almost similar characteristics here is bitcoin cash BCH offering a faster transaction verification process. Bitcoin cash can compete with bitcoin.

cryptokitty
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August 12, 2018, 11:38:18 PM
 #1822

True,  bitcoin is the best,  no coin can replace it. Even the price shows how everyone value the king of crypto currency.  Until now the price of bitcoin is the most expensive coin.
ronnis.gomes
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August 12, 2018, 11:40:20 PM
 #1823

I completely agree with this, because bitcoin has no competitor that threatens it today and one proof of this is that large investors and institutional investors only demionstram interest in investment in bitcoin
Ochusol
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August 12, 2018, 11:55:08 PM
Last edit: August 13, 2018, 01:00:32 AM by Ochusol
 #1824

Bitcoin has competition which is ethereum. There seems to be a little rivalry between the two when it comes for investors to make their choice on which to actually choose.
LordMeowMeow
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August 12, 2018, 11:58:20 PM
 #1825

Everyone compares btc to ethereum. I support both ethereum and bitcoin but let’s just accept the fact that bitcoin is literally dominates the market. And i don’t think this is gonna change soon.
tanginamoo
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August 12, 2018, 11:58:31 PM
 #1826

I do agree with that. For bitcoin being the top coin in cryptocurrency it is hard to have a competitor alongside. In that case it is clear that it has no competition among other coin because it is superior among them.

Hundian
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August 13, 2018, 02:13:25 AM
 #1827

we can make nice money in bitcoin and get richer day by day
giantrobot
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August 13, 2018, 02:24:58 AM
 #1828

This may be true when Bitcoin raises prices last year, but Bitcoin's No. 1 position may now be competitive. Bitcoin prices are down, and Altcoins may be outpaced. However, I think Bitcoin will come back because it seems to be the intermediary of virtual currency trading, which plays a very important role in the digital money market. So, despite being competitive, Bitcoin will still be No. 1.
Roberttran
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August 13, 2018, 02:31:15 AM
 #1829

bitcoin is like gold. Bitcoins have become standard for other altcoins. and all other altcoins depend on bitcoin. I'm sure there will never be an altcoin that can compete and replace bitcoin.
Najam11
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August 13, 2018, 02:38:56 AM
 #1830

I  think the same. Bitcoin has no competition.
trangoccho
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August 13, 2018, 02:44:39 AM
 #1831

There will never be an electronic currency that can compete with bitcoin, no competition and with time to pass 5-20 years, bitcoin will remain the number one. However, I think Bitcoin's gap with altcoin will be shortened due to the technological superiority of the new coin.
Monica88Fowler
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August 13, 2018, 02:49:28 AM
 #1832

Bitcoin has created a new revolution of belief. Just as we used to place sacred beliefs, and science has pointed out the gods are not real, then put faith in people, and was betrayed by the same people, now is the time people put Complete belief in algorithms.
Joriecoinbit
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August 13, 2018, 03:08:44 AM
 #1833

This may be true when Bitcoin raises prices last year, but Bitcoin's No. 1 position may now be competitive. Bitcoin prices are down, and Altcoins may be outpaced. However, I think Bitcoin will come back because it seems to be the intermediary of virtual currency trading, which plays a very important role in the digital money market. So, despite being competitive, Bitcoin will still be No. 1.

In cryptocurrency, there is no greater value than bitcoin. No altcoins can defeat bitcoin. It will always be the most powerful cryptocurrency despite of its bear market now. And as for me, it will just recover before the year end and so bitcoin will still remain on top.
kenzruiz
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August 13, 2018, 03:17:35 AM
 #1834

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.
In my opinion, yes because of bitcoin is most popular and most powerful coin in terms of currency all over the world. Bitcoin is have a huge value like gold. In short Bitcoin is no1 peroid.
Pinoyfan
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August 13, 2018, 04:38:22 AM
 #1835

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.
At the moment Bitcoin doesn't have some serious competition among cryptocurrencies although there are many attempts some very ambitious. But in many ways Bitcoin still can't compete with fiat currencies and there is the space for progress. Gold is also the kind of competition so that is also one thing we have to have in mind.
btcCoincart
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August 13, 2018, 04:48:41 AM
 #1836

Really? Until now the market is really awful! Everything drops with no bottom Sad
My account balance drops to 50% after 3 months. Still trying to trade and take some back but it's kind of difficult in this time. I hope the end of this year will be bright, and all investors will come back to get the price up!
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August 13, 2018, 05:04:16 AM
 #1837

There is always innovation there are always new things to shout to replace the position of bitcoin, but that in the end only jokes, seeing the volume that is increasing makes bitcoin even more inaccessible. Like that some Altcoins give a big advantage to someone but won't be able to replace the position of bitcoin in a long time.

Getmon
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August 13, 2018, 05:13:55 AM
 #1838

100 percent agreeable. This is smoothly presented. This is not something that is prophetic. This is something that has already happened. Bitcoin has been here for almost a decade and it is growing stronger and stronger despite the FUDs, a whole lot of them, and resistance from institutions all over the world. Not only did Bitcoin successfully parry all of them, it also converted a huge body of traditional investors and businesses. In 2020, Bitcoin will be at least $100,000.

MEGA

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August 13, 2018, 05:17:35 AM
 #1839

The market cap is dropping but the BTC Dominance: 51.0% increasing day by day. Most of the altcoins have touched their bottom.
If this blood bath continues then no one will dare to invest in altcoins in future.
jonas5222000
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August 13, 2018, 05:29:36 AM
 #1840

In currently time crypto was getting broad that why they are so many ICO`s that releases in many countries ,so in the days go by i am sure that there is some token that can be near in the popularity and the price of bitcoin but can`t beat it.

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