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Author Topic: Bitcoin has no competition  (Read 43033 times)
gulali_imoet
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August 24, 2018, 06:24:58 PM
 #1961

Whatever happens with bitcoin and altcoin at the moment, that doesn't mean it will be the same thing in the future. Obviously, bitcoin has thousands of coin competitors, we don't know exactly how the coins will develop and survive. So, don't underestimate them. Maybe someday they will be better than bitcoin. Who knows
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cesuralp32
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August 24, 2018, 07:07:55 PM
 #1962

btc will be the leader of this market for a long time, which is for sure. but in the long term another crypto money can defeat btc. this is possible.
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August 24, 2018, 07:10:18 PM
 #1963

Bitcoin will still be the only solid coin. I can't imagine this market without bitcoin. I mean, there might be better coins in the future but still, bitcoin will remain strong.
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August 24, 2018, 07:20:23 PM
 #1964

I think it would be more appropriate if bitcoin had many competitors in the market but they would never be able to beat bitcoin and end up being subordinate to bitcoin.
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August 24, 2018, 07:53:31 PM
 #1965

So many Bitcoin users are hoping that BTC will reach the same level as the fiat currencies like USD while a lot of alt bagholders believe they will surpass bitcoin. But the likelyhood of that happening is very small.
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August 24, 2018, 08:35:05 PM
 #1966

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.
It is significant that had for 10 years of bitcoins existence nobody could not proceed in developing a cryptocurrency that would replace it totally. There is some currencies which can have better aspect but it doesn't matter.
Mrconnect
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August 24, 2018, 08:38:04 PM
 #1967

Yes! I am one of those rooting for the Bitcoin. There is no way the Bitcoin can have a competition because its price value is way beyond the others and it has been around for a very long time. I am very sure that the value of the Bitcoin will be evem bigger with time and the Bitcoin naysayers will lick their wounds. Lets all keep supporting the Bitcoin, the future of money
Stioned1987
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August 25, 2018, 04:04:03 AM
 #1968

proper now yes Bitcoin does now not have any opposition, but near future, i consider altcoin inclusive of Ether, Neo, Eos can deliver bitcoin tough time, as they swiftly enhancing their tech and transaction, however, ETH can without problems take over bitcoin if they're on proper path few years.
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August 25, 2018, 05:18:39 AM
 #1969

Is a unique thing because when market drop, bitcoin is increasingly influential and strengthened (marketcap that reaches more than 53%), whereas when the price of bitcoin is more than $ 12k, marketcap is no more than 33%, this shows that bitcoin has no competitors.

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August 25, 2018, 05:47:48 AM
 #1970

At least not now! Bitcoin represents "BLOCKCHAIN" and its like without bitcoin the technology is worthless! Eventhough we now have bitcoin "wannabes" no one will ever competite! Bitcoin is many an investors choice, it is most trusted, and represents freedom! As much as most people will want to hate bitcoin, they just can't help seeing the potentials in it!

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August 25, 2018, 06:18:55 AM
 #1971

I think now bitcoin has loss his prosperity. As now the price of bitcoin is low. It prove that bitcoin is lossing its power. And it is now showing that bitcoin has no competetor, though bitcoin is lossing its price.

Kentkent
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August 25, 2018, 06:22:46 AM
 #1972

it is real that no altcoin can overtake the cost of bitcoin, although in a few terms of generation which altcoin it has extra capabilities that is more extra than bitcoin, due to the fact there are a few altcoin selling a goods like debit card which bitcoin can't do, and due to this things altcoin is helping bitcoin to sell it as properly, though it could no longer growth like the fee of bitcoin has it now
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August 25, 2018, 06:30:31 AM
 #1973

I do think so. Bitcoin will be the best amongst all the coins. There might be some good coins in the future but not as good as Bitcoin is.
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August 25, 2018, 06:32:00 AM
 #1974

No one can surpass bitcoin. It is like the  Father of the whole cryptocurrency. It is the first known cryptocurrency in the world so no one can ever surpass it.
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August 25, 2018, 06:46:48 AM
 #1975

Yes the bitcoin still not have any competition he having a market in his self and now a days condition is very critical but the expert's and old user are still very hopefully and suggest to retain with it so bitcoin atill promising and no competition.

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August 25, 2018, 07:10:13 AM
 #1976

I guess there are competitions already in the market though for now these coins are relying on bitcoin market price adjustments but maybe in the near future there will be some competitions that will going to happen especially now that the bitcoin has undergone some tough market price adjustments and fall down. Well going to hope that for 2018 cryptocurrency will regain its market price or be able to surpass 2017 market price for bitcoin.
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August 25, 2018, 07:35:28 AM
 #1977

Yes for now there is no competition against Bitcoin but this can happen in years to come whereby we could see another altcoin that will stand the test to compete.
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August 25, 2018, 07:44:47 AM
 #1978

Looking at the difference Bitcoin has given the other coins in the market properties, one can conclude that Bitcoin has no tight competitor in terms of market cap and volume. Bitcoin has gained the trust of the people more than any other coin.
Bitcoin is the most popular but there is still competition, however it's clearly evident that bitcoin is dominating them all.
Hence, we have to be careful in investing altcoins because they would not move well if bitcoin will not be performing well, altcoins depend on bitcoin.

Though bitcoin is the first and most popular cryptocurrency in the market and still remaining its dominance, it doesn’t mean that it has no competition at all. In fact there are a lot of cryptocurrency, new and old, popping in the market today.

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sabarr
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August 25, 2018, 07:52:59 AM
 #1979

yes I agree, bitcoin is the best coin and no one can compete with bitcoin, even though many other coins are getting stronger but still cannot replace the position of bitcoin, bitcoin is the king of crypto currency
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August 25, 2018, 08:01:00 AM
 #1980

I think this trend will continue. However, there will be people using other cryptocurrencies in a few years.
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