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Author Topic: Bitcoin may not be number one for long  (Read 28297 times)
Masteriano4423
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February 04, 2018, 07:58:35 AM
 #1021

You just wrote exactly what I wanted to write. ETH and BTC were never in competition as a currency. They both have completely different features which make it stupid to compare them.In fact Ethereum is more decentralised mining wise than bitcoin, it is more programmable and it is more adaptable to changes.
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February 04, 2018, 08:01:28 AM
 #1022

Remember that the most valuable things are not always the best.the blockchain is congested because of either spam attacks or increasing users of bitcoin making the transactions per day increases significantly. If this continues maybe the ethereum will surpass bitcoin by terms of market capitalization
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February 04, 2018, 08:02:22 AM
 #1023

Many coins might be potential than bitcoin but to my understanding i fell bitcoin is the first crypto currency coin so there may be chances its rank never decreases but we need to think again because coin value is based on the demand and supply not only with the assumptions.
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February 04, 2018, 08:03:14 AM
 #1024

Given that I'm not an ethereum supporter, you should save that bullshit for someone else.At the end of the day its always going to be a matter of opinion whether ETH (or BTC) is in a bubble and only time can tell.
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February 04, 2018, 08:04:55 AM
 #1025

That may be true. But I do not believe Ethereum will last long. Sooner or later the price has to go down just because that's what the market is doing.The number of unconfirmed transactions might have decreased, but as the user-base expands, this issue can once again become active. And other crypto-currencies such as Ethereum and Ripple are making the maximum advantage out of this situation.
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February 04, 2018, 08:06:40 AM
 #1026

Many people think that bitcoin is dumpy, they think bitcoin is the strongest coin and it will always overwhelm all other coin, however, in fact, they are wrong, bitcoin gets stronger because It has many advantages over other currencies, the advantage of time has made it exist as a king.Don't forget that there are a lot of spikes and problems bitcoin passed before and it became strong up til' now. I will stand that bitcoin will always be the number one, people will still choose decentralization.
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February 04, 2018, 08:08:06 AM
 #1027

I think it is not true. Bitcoin will be no.1 cryptocurrency forever. There is no altcoins that can beat bitcoin, People will still continue to patronize bitcoin. Bitcoin will become international currency in the near future. 
I think you are right, and I also believe that bitcoin can become an international currency, but not so fast, the development of bitcoin still receives a lot of restrictions.
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February 04, 2018, 08:08:47 AM
 #1028

That might be true because the value of bitcoin is keep decreasing. If bitcoin is still losing value, ther are other digital currency that will beat bitcoin. And if that happen, bitcoin will be still famous. Because bitcoin is th foundation of all other digital currency.
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February 04, 2018, 08:09:25 AM
 #1029

The possibility of ether being the number one currency does exist, but I do not have any confidence it will happen. It is right that nowadays the price of ethereum is increasing with a faster speed but it is only because the investors like to invest their money in it to get the profit in the future while bitcoin has a stronger base because of the widely used all over the world so a time will come when the investors of ethereum will send the ethereum to get the profit but bitcoin will continue in use because of the people businesses in it
Ailsa567
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February 04, 2018, 09:15:03 AM
 #1030

My opinion is the opposite of you. I think bitcoin, as a digital transaction, should be more popular after waiting for the technology to improve. I believe it will grow better and better.
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February 04, 2018, 06:09:05 PM
 #1031

For me, Ethereum and all other altcoins still rely on the market and bitcoin prices. Therefore I do not agree that bitcoin will be replaced by other crypto currencies. At least in the near future bitcoin will last long using the first used and valuable crypto currency.
1BTC EQUALS 1CAR
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February 05, 2018, 07:51:12 AM
 #1032

I only see Ethereum getting surpassed by another altcoin like EOS and not going up. EtherDelta is also one of the reasons why you won't want to use Ethereum because if it is then it is already number one. Bitcoin will remain no.1.
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February 06, 2018, 06:36:15 PM
 #1033

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

Well, even if ethereum is at number 2, it's still too far from bitcoin. Bitcoin is too far too be reached because a lot of people are trusting bitcoin. Bitcoin has gone through a lot and it still remained number 1 because a lot of people trust it. It will just keep growing as time goes by.
People bought bitcoin not because they trusted him. Many of the investors have no idea about how it appears and how it functions. What confidence is there. They simply laid out their funds in bitcoin, as others quickly became enriched from buying bitcoin. If there is another crypto currency. which will yield the same profit, people will immediately "trust" her and forget about bitcoin. Therefore, for that. so that bitcoin has long remained the number one crypto currency, it needs to constantly improve and be really a leader in terms of convenience and cheapness of its use.
Yeah it will reason the same till the end of this year  bitcoin was not so famous in past but now bitcoin is popular so people are buying bitcoin and investing in it for the better future how can we say that bitcoin is not going to remain same if people are showing great interest for the bitcoin. Making bright future with bitcoin is the main thing, price was the issue and now again price of bitcoin is rising, transactions of bitcoin has become very fast once again.
Sate Jamu
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February 06, 2018, 07:08:50 PM
 #1034

I think it is not true. Bitcoin will be no.1 cryptocurrency forever. There is no altcoins that can beat bitcoin, People will still continue to patronize bitcoin. Bitcoin will become international currency in the near future. 
If you notice then there is a coin that continues to increase marketcap, the coin is ethereum, a year ago marketcap ethereum no more than 15% of bitcoin, but today marketcap has reached more than 60%, and if the increase of ethereum continues to happen then within 2 years will be defeat ethereum.

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RawDog
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February 07, 2018, 09:54:01 AM
 #1035

That might be true because the value of bitcoin is keep decreasing. If bitcoin is still losing value, ther are other digital currency that will beat bitcoin. And if that happen, bitcoin will be still famous. Because bitcoin is th foundation of all other digital currency.
Bitcoin will still be famous for being a loser.

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February 07, 2018, 04:18:26 PM
 #1036

Well up until now and even with the downward trend of Bitcoin, it is still the number one cryptocurrency. Bitcoin actually made way for all other digital currency there is and it is still the number one because it has already proven that it can rise above all the challenges and its technology is for the future.
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February 07, 2018, 04:36:11 PM
 #1037

Well, maybe.
Bitcoin has been well-entrenched in the crypto currency market, and is likely to be the main currency for the next few years. because everyone is referring to Bitcoin first before glancing at another cryptocurrency.
But, as society matures and demands more, Bitcoin can be in trouble.
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February 07, 2018, 04:55:03 PM
 #1038

Yes, I agree with your point. Bitcoin is made up of programming technology, a great invention ... It is the source for the evolution of the crypto market. Of course, technology is always improving and changing day by day. So, I think bitcoin will probably lose its position in the future. because there are always new coin formed from improved technology.
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February 07, 2018, 06:50:12 PM
 #1039

Bitcoin is not number one, maybe sooner or later if a scaling solution is about to take effect. Blockchain was stuck due to spam attacks or increased bitcoin users make transactions per day increased significantly. If this is sustainable it may exceed the bitcoin by market capitalization. Cool
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February 09, 2018, 05:54:42 PM
 #1040

Well, maybe.
Bitcoin has been well-entrenched in the crypto currency market, and is likely to be the main currency for the next few years. because everyone is referring to Bitcoin first before glancing at another cryptocurrency.
But, as society matures and demands more, Bitcoin can be in trouble.

I am even sure of it! Bitcoin will remain number one cryptocurrency for at least several years. Too many people believe it and trust it to pick another coin as the best one Ethereum, however can become a leader as well once.
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