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Author Topic: Bitcoin may not be number one for long  (Read 28297 times)
Janation
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November 10, 2017, 12:57:27 PM
 #801

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 have a point but the thing here is, bitcoin is the first crypto currency in the making, not only that but also because it has the highest price of them all. There is no way that bitcoin will be passed by Ethereum, we know that there is a lot more better than bitcoin and ethereum still they are still staying at their prices and keeping their values up because there are a lot of people demanding of there cryptos.
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November 10, 2017, 01:11:30 PM
 #802

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.

The thing is bitcoin has been number one for a long time. This may be the reason why people trust and choose bitcoin more among others. If ever bitcoin gets defeated by other cryptocurrencies, I'm quite sure that it will come back again.
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November 10, 2017, 01:19:24 PM
 #803

Perhaps this will be coming soon, now fork this month has been cancelled, bitcoin may be recognized, but have to say, bitcoin has a lot of disadvantages, slow transfer, high transfer fees.
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November 10, 2017, 02:55:35 PM
 #804

I am confident that the bitcoin hype will last for a longer time. I mean for us who deal with Bitcoin it is normal to discuss this topics. But do not forget the price is related mostly to the popularity of Bitcoin. If people think of Cryptocurrency, they think Bitcoin. And imagine that Bitcoin is not known to all World. It just started. So till the hype will slowdown a lot of time will pass. When we discuss what will be next King, in the rest of the world Bitcoin is new and the only things which will be talked.
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November 10, 2017, 10:39:24 PM
 #805

maybe in the next 5 years bitcoin is still the number one in the world of cryptocurency, but judging by the development of many other coins, it is also possible that bitcoin can be replaced in the future, Nothing is impossible
Bitcoin is not going to be replaced in the next 5 year I would say that the possibility of that is almost zero, bitcoin is too strong and it is going to grow even more than it has now and with the new development in the network bitcoin is going to become even more useful and that is going to attract more investors to bitcoin.

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November 10, 2017, 11:10:02 PM
 #806

i dont agree with you. bitcoin already be number one for long time.
if you remember the first time bitcoin launch until now (no other coin can touch bitcoin prize) you will know bitcoin is the king for cryptocurrent for long time. but we know in future, it will survive or will replace by other coin

 
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blocklancer8
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November 10, 2017, 11:20:29 PM
 #807

I think bitcoin will still be the main one, indeed if you look at these days there are some coins that start to compete with bitcoin but I'm sure it will not last long, good price and sometimes cheat us to believe with other coins. But that is only temporary.

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November 10, 2017, 11:32:59 PM
 #808

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.
May be possible from the time this topic was posted. But at current, it is almost impossible for Etherium to over take Bitcoin with the current values. The distance is just too far for ETH to be able to catch up. But like I always say, anything is possible. It’s just a matter of time.

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November 10, 2017, 11:34:23 PM
 #809

Maybe correct but not easy to shift BTC from the number one order,too favorite in my opinion which obviously has given an advantage in it.If switched over to ETH or ALT other so far no one can shift it even BTC split also no one can pass it,I'm sure BTC will remain the number one.

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November 10, 2017, 11:51:13 PM
 #810

I don't think ETH could ever match or surpass BITCOIN as long as BITCOIN is still around. It's undeniable that most ICOs use ERC-20 compliant token which ask you your ETH address but i don't think it's a statement that would make ETH legible enough to replace BTC's position. Maybe in the future if BITCOIN is nowhere to be found but not whilst BITCOIN is around.

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November 10, 2017, 11:52:19 PM
 #811

Nowadays bitcoin speculation about falling of it is now existing even some of them are no reliable basis. The fact is bitcoin is going stronger for more coming years based on different reports on CNN meaning bitcoin still be leading even many cryptos' are going fast stronger and rising now. Notify that all cryptos' split from bitcoin and the basis of their currency value is the bitcoin price.
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November 11, 2017, 04:20:37 AM
 #812

I don't think ETH could ever match or surpass BITCOIN as long as BITCOIN is still around. It's undeniable that most ICOs use ERC-20 compliant token which ask you your ETH address but i don't think it's a statement that would make ETH legible enough to replace BTC's position. Maybe in the future if BITCOIN is nowhere to be found but not whilst BITCOIN is around.
Ethereum is a good cryptocurrency but it has still its chance to replace bitcoin in the future because of the system that it has and its smart contracts. Ethereum having some bug so that is enough to say as of now that it has no match for bitcoin because bitcoin will stay at the top and stay for being the king for long years.
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November 11, 2017, 04:32:52 AM
 #813

Nah it maybe temporarily  but I think bitcoin will still be number maybe ethereum might have a chance to steal the spotlight from bitcoin but it won't  be that long, remember which is popular for people and which is wide known bitcoin depending upon the users and thos who have known those two coin will reign supreme from the people well that's  basically my opinion.
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November 11, 2017, 04:34:47 AM
 #814

This might be true since a lot of great cryptocurrency are doing really great. One example is ethereum.

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November 11, 2017, 10:08:36 PM
 #815

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.

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November 11, 2017, 10:10:54 PM
 #816

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
 #817

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
 #818

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
 #819

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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November 12, 2017, 02:00:07 PM
 #820

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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