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Author Topic: Bitcoin may not be number one for long  (Read 27881 times)
ghostunicorn
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November 11, 2017, 10:10:54 PM
 #821

The market cap of Bitcoin Cash has surged past $11 billion. Quite impressive for a crypto-currency, which was launched just 3 months back. 1 BCH coin is now worth almost 0.1 BTC. And the Core devs are refusing to do anything to resolve the scaling issues. This means that in the future there is a strong chance that BCH will replace BTC.
Lets not get ahead of ourselves, this recent surge in the price of bitcoin cash cannot be permanent it was too abrupt, at some point it is going to go down and since the growth in price was very fast I can only suppose the dump is going to be as fast.

The market cap is now almost above $20B, which is great. But this won't last forever. BCC will fall very hard and when it happens, lots of traders will lose too much money. Trust me.

It's time to be careful in the market. Keep accumulating bitcoin.
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November 11, 2017, 10:12:30 PM
 #822

This might be true since a lot of great cryptocurrency are doing really great. One example is ethereum.
You are right, bitcoin will not still number one at the end, I think it will die one day, and another cryptocurrency will replace it. I don't know exactly which crypto, but I think that ethereum is the closest one to take the place of bitcoin in the future.

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November 11, 2017, 10:34:20 PM
 #823

The market as a whole is growing, but which ones will be the long term winning picks is uncertain. This market moves so fast, and it's hard for most of us to know where it's headed.

Personally, I'd prefer the most power efficient options to succeed.
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November 12, 2017, 06:58:54 AM
 #824

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.

I dont think its gonna happen. What i am saying is bitcoin is too powerfull now, no coin can be competitor of this king coin.
So lets see if any coin born and maybe it will change bitcoin in the top. But i am sure it will not be etherium.
Same I do because the demand of the bitcoin is increasing day by day and it is very easy to use and to invest in.

Bitcoin is the best thing of the world so I hope the bitcoin will give you the best output and the bitcoin will be used by all the people in the future so I know the bitcoin will be the best currency of the year and the almost all the people are buying the bitcoin and they are investing in the bitcoin at the same time.

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FutureICOs
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November 12, 2017, 02:00:07 PM
 #825

I believe the split is pushing Bitcoin back, and that is when others might rise up. Anyhow, I do believe that we should always put investment into multiple options instead of just 1. That is exactly why I prefer to have investments in various options. Right now, I have put in money on Sphere; it is a really cool upcoming ICO with excellent theme, which is to help us get up from the social mafia. And, to allow us to earn through the social decentralization, it is a rare type and is meant to take the world by storm, so is certainly the option to go with!
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November 12, 2017, 02:04:37 PM
 #826

yes.I'm also thinking like that.Because of anonymous transfers(that they cant track transaction). Most of the governments will ban BTC and support any other coin like ETH,DASH.
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November 12, 2017, 02:44:27 PM
 #827

That might be true. But I do not believe Ethereum will be able to hold their gains for long. Sooner or later the price has to go down simply because that is what markets do.

So always remind yourself not to get lost in the mania and try to stay objective. In a market like this, it is easy to think that the good days will never end.
I think bitcoin would be number one for so long because many people are happy with bitcoin and are supporting bitcoin. 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.
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November 12, 2017, 03:03:00 PM
 #828

This is also very possible. Currently, many other currencies are rising sharply. But bitcoin is still the strongest and it also has the highest value compared to the present value. Looking forward to bitcoin to compete with many other currencies. I am also afraid that bicoin will drop in value

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November 12, 2017, 03:16:28 PM
 #829

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.

you really think so? i might not be an expert but the original will always be seen as most trustable, especially to people how arent to much into CC's but now starrt to invest after 2017' huge increase of btc value?!

greetz

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November 12, 2017, 03:22:46 PM
 #830

bitcoin instead of number one does not seem a problem, now ethereum has made great growth. This makes people think that bitcoin may go down in value. But the fact is that the more growth experienced, the more likely it will become competence and based on this always the bitcoin standing first bitcoin has a much higher inflation rate, with the increase so fast that it has some more severe collisions where bitcoin has been much more stable .

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thenameisjay
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November 12, 2017, 03:35:14 PM
 #831

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.

Probably, but it's really free-for-all for now. Today's bitcoin prices have been going down and I believe it's BCH to blame. Segwit2x was cancelled due to the bitcoin community's need to unite as a single unit. IMO as well, that should have been the end of bitcoin as we speak. Segwit2x was really better than bitcoins, but the way I see it, popularity is bitcoins major key to being king.

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November 12, 2017, 03:52:51 PM
 #832

Etherum place in 2nd position after bitcoin. But don't forget the value of both currency . its a huge difference between bitcoin and other currency . bitcoin will be always first position. This is my prediction .

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November 12, 2017, 04:04:17 PM
 #833

It is true that Bitcoin has openned the market of the cryptocurrencies and become on the TOP but he will still number one ?
Personally, I see that there is no field where there is only one leader without oppenents. This is what is happenning nowadays when we see Bitcoin on a crysis and Etherium and many other cryptocurrencies are having a good raise according to some statistics.
Bitcoin has to be down for some time and then come back, if not it will be down always.
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November 12, 2017, 04:20:35 PM
 #834

This might be true since a lot of great cryptocurrency are doing really great. One example is ethereum.
I agree with you, there many cryptocurrency who are also blooming in the crypto world, so there have some chance that bitcoin can be dethroned for being number one cryptocurrency, but if that will happen it may not take for too long for other cryptocurrency to be number 1 because btcoin will be back stronger.

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November 12, 2017, 04:27:18 PM
 #835

I agree with your opinion that might be etherium will the next which can lead crypto. But etherium need more time to do it since its not that easy.

I dont think so that bitcoin will not be the best or number one cryptocurrency in cypto world, bitcoin is running for many years and eventhough that the value of is not stable it still the best among the rest cryptocurrency, And bitcoin is just down for a short time but it will continue to rise soon so it may always be number one cryptocurrency.

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November 12, 2017, 04:30:35 PM
 #836

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.

It is time people to realize that, well said! Is time every Bitcoin worthless database to give it's place to real innovative networks like Ethereum etc.
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November 12, 2017, 04:42:40 PM
 #837

Bitcoin is the first cryptocurrecy ever, just the first, all others are just clones, clones who want to be "like original", so if there will be no new currency that is somehow better than BTC, it still will be the best.
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November 12, 2017, 04:49:22 PM
 #838

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.

We didn't know what will happen in the end of 2018. Maybe other altcoins rise up and bitcoin has a lower value than altcoin. But if you think of it, bitcoin is the only one that rise so much value in the virtual currency. So many miners is favor in mining in bitcoin and support it than altcoin. Etherium is better to because it not be crowded and the value is so slowly upward and downward. But in your question, I think bitcoin will be the number one higher value in the chart of coins world.

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November 12, 2017, 04:54:28 PM
 #839

this is the most stable and fast-developing cryptocurrency at the moment...why it can't be the number one...the fact that it fell doesn't mean anything...it's a natural process...I think, it will continue to grow and strengthen


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November 12, 2017, 05:16:05 PM
 #840

it could be that bitcoin will not always be number one in a long time, all possibilities can happen in the world of cryptocurrency, a new breakthrough from dev altcoin could be a threat to bitcoin to shift its position which so far bitcoin is still number one in cryptocurrency.

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