The superiority of Bitcoin

[sandeepkharche]

Hey folks! I just wonder, what is with Bitcoin that until now it is still in it's peak and still unbeatable. Has not any one ever invented a new/other currency that matches the value of bitcoin? And if there would be What should it take for a new currency for instance to match the value level of bitcoin? Has anyone here ever thought that a new currency more superior than bitcoin could come out one day and bitcoin value would decrease or fall?

Bitcoin is only the most popular of the cryptocurrencies. In terms of utility there are much better cryptocurrencies. There are so, so many digital coins which are undervalued-- IOTA, Golem,Eos, etc.

[jerk10]

Hey folks! I just wonder, what is with Bitcoin that until now it is still in it's peak and still unbeatable. Has not any one ever invented a new/other currency that matches the value of bitcoin? And if there would be What should it take for a new currency for instance to match the value level of bitcoin? Has anyone here ever thought that a new currency more superior than bitcoin could come out one day and bitcoin value would decrease or fall?

Ethereum might overtake bitcoin someday but that time is not any time soon in the future.

[SHANTA]

Bitcoin is the pioneer & Main currency of digital forms of money,  the market estimation of any cash relies on its use in the market. Toward the starting when there wasn't some other digital currency

[Kiweikoo]

There are alternatives to bitcoin, and some of them are very big, like Ethereum or Litecoin. However, no such alternative has matched the value of bitcoin, in terms of market cap. Bitcoin shares much less of the total cryptocurrency cap now than it did a while ago, but I do not think it will be overtaken for some time, if ever.

You mean in status and demands, still bitcoin is ranking number 1 even though ETH and litecoins tried to surpass bitcoin?

Yes it is number one in whole markets even market is once again surprised after watching the value of bitcoin in high rate. So yes it is still the number 1 currency as you said. Nobody can take over on bitcoin because it has value more than everyone. While ETH and litecoin is baby in front of bitcoin so we should not consider that as a good currency toward bitcoin.