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Author Topic: Who do you think will compete with Bitcoin?  (Read 1375 times)
Drnice
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October 31, 2017, 08:51:48 AM
 #61

For me, the main competitor of bitcoin is gold. Ordinary, physical gold.

That is when we are no more in the field of cryptocurrencies and if that is the case, then truelly gold, rubby or silver are competitors of bitcoin if we are now looking both into the crypto world and the real world.
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October 31, 2017, 08:58:58 AM
 #62

I don't think it will be a different coin(It will be but just not based on the Blockchain Tech) but a completely new technology to compete with the Blockchain one, I saw few discussions about Hashgraph here but maybe something else will come which will be better than both of them.
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October 31, 2017, 01:21:23 PM
 #63

I don't think there are currently other digital currencies that can compete with bitcoin, but along with technological advances there is a possibility that someday there will be from other currencies that can compete with bitcoin and have many advantages.
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October 31, 2017, 01:24:25 PM
 #64

Every new ICO wants to be the next Bitcoin  Grin

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October 31, 2017, 01:39:34 PM
 #65

I think there only two kinds of crypto to compete: BTC Cash and Etherium.
Prodigan786
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October 31, 2017, 02:06:30 PM
 #66

BTC vs BTC because bitcoin will compete with itslef no other coins coin beat bitcoin . Even ETH is the largest popular and acceptable currency but nobody can beat bitcoin in terms of acceptance and popularity.
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October 31, 2017, 02:08:26 PM
 #67

iPhone vs Samsung, Android vs iOS, BMW vs Mercedes .... Smiley
PayPal and altcoins will try,  but bitcoin will be victorious in the end as it's a long standing currency and because paypal sucks with all the chargebacks and such.
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October 31, 2017, 02:44:28 PM
 #68

Bitcoin compete with fiat, the crypto currencies all compete with fiat. Basically it is all vs fiat

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October 31, 2017, 02:51:31 PM
 #69

In the sense you try to think bitcoin in bitcoinnect because last 3months the bcc value increases and he loses the price of bitcoin but right now it goes down with ethereum so you can not really configure another coin in bitcoin because bitcoin really is main using a lot of people. And bitcoin is still rising and not just dropping

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October 31, 2017, 02:59:30 PM
 #70

I was going to write monero, but after reading the other posts and thinking about it, I also think that just another crypto currency might not be able to compete with Bitcoin if it does not have a real use like ethereum that enables smart contracts. It is really a game changer and have a potential to become the biggest micropayment platform for developers.
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October 31, 2017, 03:01:48 PM
 #71

There are actully not one but 2-3 crupto currency which can compete with the bitcoin.
the 1st one is obviously is Dash cause its instant and private fetcher.
And also the eth and neo can compete bitcoin in future.
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October 31, 2017, 03:02:45 PM
 #72

ETH and NEM, the best alternative of bitcoin.
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October 31, 2017, 03:04:43 PM
 #73

iPhone vs Samsung, Android vs iOS, BMW vs Mercedes .... Smiley

For bitcoin its rise in the realm of cryptocurrency is fuelled by its combination of longevity and high profits. However due to its consistent instability and volatility there had been considerable noise surrounding ethernum which i think is its closest competitor n

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hynext
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October 31, 2017, 03:04:48 PM
 #74

For me, nothing will compete bitcoin, because bitcoin is the foundation of all digital currency. But the closest is the ethereum but will never ever replace bitcoin.
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October 31, 2017, 03:14:49 PM
 #75

As of now, I don't think that any of forked coins such as Bitcoin cash or Bitcoin gold have the potential to compete Bitcoin in terms of active userbase, price and community support. However, I think there are some potential alt-coins which might be able to reach the volume of Bitcoin transactions.

The first one is Ripple's XRP and I am choosing this because this is banker's Bitcoin in my opinion and Banks will use it for their internal transactions and since they will share the transaction details of the users with governments, there won't be any legal issues too which is pro point for the growth of it.

The second one is ETH because I am expecting huge growth in the sector of I.O.T powered by A.I so in the coming years, we won't be doing much of our transactions like paying the electricity bill or gas bill etc. It is possible that electronic appliances will automatically remind the servicing companies for the maintenance check of their own and be paying the bills too using the pre-signed smart contracts. However, everything is still in the beta phase but there are infinite possibilities.
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October 31, 2017, 03:23:05 PM
 #76

Bitcoin has already competed the trading volume of iphone. They're both different industries, the only thing that can outperform BTC is a cryptocurrency, as well.
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October 31, 2017, 03:26:48 PM
 #77

iPhone vs Samsung, Android vs iOS, BMW vs Mercedes .... Smiley

But Their is no one to compete with Bitcoin because all other crypto currency are controlled by their developers or depend on their project and if developer or project fail the coin is dead but Bitcoin is not depended on any developer or project as all projects are created on btc and are valued it high.
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October 31, 2017, 03:36:50 PM
 #78

Ethereum is the closest competitor

Akiko
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October 31, 2017, 03:46:38 PM
 #79

iPhone vs Samsung, Android vs iOS, BMW vs Mercedes .... Smiley
if you are talking or referring only here in crypto currency that can only compete with is ethereum only this is close enough that competing if we look for it but if you are referring for other currency that can compete none other than fiat currency but they are not competing right because as of now there is no other currency that can compete with bitcoin cyrptocurrency.

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October 31, 2017, 04:00:55 PM
 #80

Bitcoin is the King of the first digital money and market, always the most Bitcoin will be more used. Ethereum is stronger from the altcoins, and with the smart contract feature, many areas will be used in the future. There are many more altcoins, their projects and areas of use are also strong. The lanes of all of them are different, and those who think that only Bitcoin will be permanent are very wrong for me.

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