Bitcoin may not be number one for long

[p90xinsanity]

i think bch will emerge as the victor since it is being propped up by the monopoly that is bitmain

[1715378544]

1715378544

[CoinPowerProject]

but it's time for a more dynamic and adaptable currency to take the lead.

which currency they are talking about? adaptable currency, what exactly do you mean?

[Carmen01]

No i think its for long because bitcoin is already good now eth can be similar but i think its takes time because eth value is already like bitcoin and the exchanger of eth is like bitcoins also but i think to develop a digital money is so hard because we already have good bitcoins for so long and i think nothing can be similar if we already have

[South Park]

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.

It seems the crash is already beginning, bitcoin cash is now barely above the 30 billion mark and it has lost a few hundreds of dollar in the price since the last time I checked the price a few hours ago, it seems the party is over and the price is going to go back to where it was.

[z38630610]

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 are right about ethereum has a big growth nowadays. But I don't think it will affect bitcoin value so much until the end of 2018. In severals years later your thought may be true but not in the next year.

[Pettuh4]

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 are right about ethereum has a big growth nowadays. But I don't think it will affect bitcoin value so much until the end of 2018. In severals years later your thought may be true but not in the next year.

So long as ethereum and the likes remain an altcoin they cannot overtake bitcoin unless they come with a new approach in terms of the blockchain technology or its advancement else they will still exist in bnitcoin's shadows.

[koeb88]

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.

I do not agree with that.... Yes, bitcoin is the first cryptocurrency, but many "first" developed things have some issues, and following cryptocurrencies will be doing better, because they do not make the same mistakes. It might take a long time, but then a nearly perfect cryptocurrency can take over bitcoins leadership very easy.

[cryptolit]

Bitcoin has a serious amount of competition. Interesting to see the developments this week and what's to come. As a new investor it's been more volatile than I expected so early on.

[szpalata]

Bitcoin has a serious amount of competition. Interesting to see the developments this week and what's to come. As a new investor it's been more volatile than I expected so early on.

Well those competition are nothing more than forks from haters of bitcoin and they are bound to fail as usual no matter their calculated attempts at spreading FUD's against bitcoin. I think bitcoin will be back up again in no time.

[Wonder_woman]

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.

Who knows about it? Well I think I am more believe in bitcoin that some coins because it has more stronger foundations it is more longer in the industry and it is the first decentralized coins in the world of crypto currencies

[SilverChromia]

That maybe happen that Bitcoin maybe not number one for long but thats only because of the market. But for me even bitcoin will not be a number one on market or for long we already know what he accomplish and its success to the world of cryptocurrencies and remember bitcoin is the first cryptocurrencies that made in 2009 so i think it is too hard to achieve that success to the other cryptocurrencies

[thesavoyard]

That maybe happen that Bitcoin maybe not number one for long but thats only because of the market. But for me even bitcoin will not be a number one on market or for long we already know what he accomplish and its success to the world of cryptocurrencies and remember bitcoin is the first cryptocurrencies that made in 2009 so i think it is too hard to achieve that success to the other cryptocurrencies

I think all of us who are fans of cryptocurrencies have a lot of respect for Bitcoin and its creator(s). But it seems to have some flaws, they could be fixed but it seems greed is preventing that.

[South Park]

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.

I do not agree with that.... Yes, bitcoin is the first cryptocurrency, but many "first" developed things have some issues, and following cryptocurrencies will be doing better, because they do not make the same mistakes. It might take a long time, but then a nearly perfect cryptocurrency can take over bitcoins leadership very easy.

It is not going to be as easy as you may think if bitcoin becomes widely accepted before that coin comes, people are not going to change currencies the same way they change mobile phones the world economy needs stability so if that coin does not appear soon bitcoin will be impossible to surpass.

[Thunderlizard]

Yes i agree with you i find the technology of ethereum better than that from bitcoin and i believe a lot of people already know that ethereum is the true rival of bitcoin as some people prefer ethereum over bitcoin.

[diguyo]

At some point a coin will take over, I don't see any other way around the scaling issues - you'll always get the hardcore community refuse. Ethereum is in a strong position at the moment, but it's too early really...this won't be decided in the space of a few weeks or months...it'll be a long drawn out process to dethrone the king.

[tricker01]

Yes i agree with you i find the technology of ethereum better than that from bitcoin and i believe a lot of people already know that ethereum is the true rival of bitcoin as some people prefer ethereum over bitcoin.

Yes it's true that system used by ethereum is much better compared to bitcoin, but it is not enough basis to says that ethereum had a capacity to steal the numbers one spot to bitcoin. Because if we consider the numbers of usage and popularity of crypto, we all knows that bitcoin is much numbers of supporters than ethereum.

[Getmon]

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 worth waiting. We will see if this prediction made sometime in the middle of 2017 will take place. So far there had been serious difficult rounds of turmoil Bitcoin had gone through but they have all been hurdled strongly by Bitcoin. There will be more to come for sure in the life of this genius innovation. I think Bitcoin will survive in the whole year of 2018.

[Tukang Becak]

Things can happen, bitcoin may not be forever the number one, because today many projects make coins, and with this fact will make bitcoin threatened. things have been refined and I'm sure that someday bitcoin will be replaced with another coin.

[RDDRocket]

Ethereum is a scam with broken multisig, isn't a cryptocurrency, and will fail, not surpass Bitcoin.

[gadimbrut]

I also thought that, maybe bitcoin will not be number one in the long term, maybe altcoin can replace bitcoin, I see etherium has the potential to replace bitcoin.