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Author Topic: Bitcoin may not be number one for long  (Read 24338 times)
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November 10, 2017, 04:25:06 AM
 #801

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.

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November 10, 2017, 05:54:53 AM
 #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.


im absolutely in love with Ethereum, but i dont think it will surpass bitcoin in price. first off, if the prices start correcting that aggressively and dynamically, they are more likely to meet in the middle. you arent going to see bitcoin price stagnate long enough for eth for straight up outpace it; it will come down quite a bit as that capital flows out of bitcoin ans into eth. secondly, moreso than the price getting surpassed, I think we would see the volume getting surpassed. way easier feat to accomplish, and would make sense if the cause of the "shift" was organic, and not manufactured pump and dump bullshittery Wink

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November 10, 2017, 11:40:36 AM
 #803

Its a really hard operate for Bitcoin is the number one at block chain cryptocurrency. And it is difficult to surpass  Bitcoin for the basis it built along its run. The Bitcoin investors, transactors, and employees which trust Bitcoin won't let Bitcoin fall for what its constructed but they will allow it to be able.
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November 10, 2017, 12:22:48 PM
 #804

I don't believe the hype in any of these ICOs which are coming out and most are scams or likely scams in the long term. ICOs are just out to make their quick money and then bail on the project.
For this the bitcoin is best because all the people will have the bitcoin investment and I hope it will buy the more bitcoin for the people so this will be the best time for the people to increase the profit and the money for the people who are holding the bitcoin for the long time and they will get the profit I hope this will make the bitcoin more high and a lot of the people will buy the bitcoin all the capital they have.

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November 10, 2017, 12:29:48 PM
 #805

Yes, forks are important, but forks may be a turning point. I think bitcoin now exists too big bubble, we should pay attention to the risk. Especially after the candy, there may be people
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November 10, 2017, 12:50:10 PM
 #806

Yes, forks are important, but forks may be a turning point. I think bitcoin now exists too big bubble, we should pay attention to the risk. Especially after the candy, there may be people

Completely agree. Reminds me of the operating system wars. Windows like bitcoin being inferior yet survived and maintained dominace through manipulation, hype and a rabid fanbase, resulting in decades of stagnation and forced mainstream adoption. Bitcoin may yet survive but not because it is better but because of what this site and many others like it are doing by basically being a marketing platform for it and ultimately... pushing this pig up the hill.
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November 10, 2017, 12:54:03 PM
 #807

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, 12:57:27 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.

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
 #809

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
 #810

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
 #811

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
 #812

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
 #813

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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November 10, 2017, 11:20:29 PM
 #814

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
 #815

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
 #816

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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yonjitsu
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November 10, 2017, 11:51:13 PM
 #817

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.

Chanock
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November 10, 2017, 11:52:19 PM
 #818

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.

DoublerHunter
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November 11, 2017, 04:20:37 AM
 #819

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
 #820

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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