imrul5 (OP)
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June 26, 2018, 09:19:41 AM |
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I did some research for last few months regarding cryptocurrency. I got some crucial questions in my mind. One of the questions is: Will other coins go to near to the bitcoin value or bitcoin will go up again?
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avikz
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June 26, 2018, 09:39:37 AM |
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That is not impossible but hard to achieve! I have been playing in crypto currency market since last 2 and half years and if your talk about a competitor of bitcoin, the one coin comes in my mind is ETH. Even thought bitcoin and ETH are structurally different and have different usage, but ETH is the closest contender of bitcoin in terms of pricing and market cap. The smart contract capability of ETH is what made it immense popular and widely accepted by the global start ups.
So for me it is ETH who has the capability to come closer to bitcoin. However, I don't see ETH price is beating bitcoin by any margin.
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Gaaara
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June 26, 2018, 09:50:49 AM |
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That is not impossible but hard to achieve! I have been playing in crypto currency market since last 2 and half years and if your talk about a competitor of bitcoin, the one coin comes in my mind is ETH. Even thought bitcoin and ETH are structurally different and have different usage, but ETH is the closest contender of bitcoin in terms of pricing and market cap. The smart contract capability of ETH is what made it immense popular and widely accepted by the global start ups.
So for me it is ETH who has the capability to come closer to bitcoin. However, I don't see ETH price is beating bitcoin by any margin.
Even the 2nd most popular and most used coin is far from getting near with the price of bitcoin and not to mention bitcoin now is struggling but even though ETH is still unable to come close. I agree with you it is not impossible but will be so hard to achieve there will be so much development to happen if another crypto wants to beat the price of bitcoin. |
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Lucius
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June 26, 2018, 10:21:26 AM |
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In next year there is no chance for that, maybe in next years if something very bad happens to BTC. If you just observe crypto market then is very easy to see that every other coin is just follow BTC regarding price. In terms of price ETH is not even 10% in comparison to BTC, and if one day price of BTC reach 100 000$, maybe ETH will be worth 10% more or less of that price.
If you think on market cap value this is something different, since this is combination of price and coin supply, BTC is limited to only 21 million (in circulation 17+ million now), ETH is above 100 million coins - if BTC stay at this price, and ETH double value it will still be on second place by market capitalization.
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titocrypto
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June 26, 2018, 10:26:52 AM |
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Even the 2nd most popular and most used coin is far from getting near with the price of bitcoin and not to mention bitcoin now is struggling but even though ETH is still unable to come close. I concur with you it is not impossible but will be so hard to achieve there will be so much development to happen if another crypto wants to beat the price of bitcoin.Bitcoin is running faster than any other currency
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yinpok
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June 26, 2018, 10:33:00 AM |
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No,not anytime soon
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Aponkye1
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June 26, 2018, 11:01:29 AM |
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I don't think so because bitcoin has take the lead way ahead in terms of price and i am not sure any altcoin will even get closer to it not to think of just next year. Not even ETH has the chance of getting close to bitcoin not to think of other altcoins.
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dohh
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June 26, 2018, 11:04:50 AM |
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I did some research for last few months regarding cryptocurrency. I got some crucial questions in my mind. One of the questions is: Will other coins go to near to the bitcoin value or bitcoin will go up again?
No, I guess its impossible. It would be highly improbable. Why? Because BTC value is very speculative and the ONLY way, BTC owners see some growth, is if BTC will be more widely accepted as currency. In my opinion, that is VERY unlikely, but even if it happens, there is no reason for any other coin to rise to same level. BTC will dominate cryptocurrency (IMHO 1%) or whole coins vanish into nothing (99%) |
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Haxor321
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June 26, 2018, 11:18:02 AM |
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I did some research for last few months regarding cryptocurrency. I got some crucial questions in my mind. One of the questions is: Will other coins go to near to the bitcoin value or bitcoin will go up again?
Unfortunately, no, it can't be happened because I believe that it will be rising up again for the next few days. Maybe there is possibility that it will be deeply down but I don't think so that it's value can be nearest to other crypto value. However, even if how dip it will be one thing is for sure and that is it will pump again and do recover and atlast reach it's highest peak. |
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imrul5 (OP)
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June 26, 2018, 12:33:09 PM |
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I did some research for last few months regarding cryptocurrency. I got some crucial questions in my mind. One of the questions is: Will other coins go to near to the bitcoin value or bitcoin will go up again?
Unfortunately, no, it can't be happened because I believe that it will be rising up again for the next few days. Maybe there is possibility that it will be deeply down but I don't think so that it's value can be nearest to other crypto value. However, even if how dip it will be one thing is for sure and that is it will pump again and do recover and atlast reach it's highest peak. So, you are trying to say that no other cryptocurrency can beat BITCOIN never ever !! |
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Red-Apple
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June 26, 2018, 12:45:48 PM |
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no they won't.
because the only reason why bitcoin is rising is because it is a currency that is actually being used. altcoins are useless tokens that will always be used for speculation and trading. such coins can not have a sustainable rise. they will fall after they rise too much.
like ETH which is a shitcoin which went up to $1500 and couldn't keep the pump up so it dropped down to $400 and it is still falling
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imrul5 (OP)
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June 26, 2018, 12:50:24 PM |
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no they won't.
because the only reason why bitcoin is rising is because it is a currency that is actually being used. altcoins are useless tokens that will always be used for speculation and trading. such coins can not have a sustainable rise. they will fall after they rise too much.
like ETH which is a shitcoin which went up to $1500 and couldn't keep the pump up so it dropped down to $400 and it is still falling
Thanks for the opinion. Like any other currency bitcoin also lost its 70% value. It came to $7000 from $19000. |
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armchair-84
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June 26, 2018, 12:58:50 PM |
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there is no certainty that this is possible, especially if it's a question of the next year. i believe that speculation around altcoins exist only to buy more bitcoin
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damort
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June 26, 2018, 01:25:30 PM |
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No i don't think so. BTC took years to achieve its position today and BTC is the pioneer in this business too. There is no chance for other coins to beat BTC in just a year. I don't think so.
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Psychee
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June 26, 2018, 01:27:32 PM |
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I think that yes soon all new crypto projects like Socratus will become more promising than Bitcoin invest in Socratus
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imrul5 (OP)
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June 26, 2018, 01:28:58 PM |
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No i don't think so. BTC took years to achieve its position today and BTC is the pioneer in this business too. There is no chance for other coins to beat BTC in just a year. I don't think so.
So, BTC cannot be beaten by other coins in next year but in five to ten years? |
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imrul5 (OP)
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June 26, 2018, 01:35:06 PM |
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I think that yes soon all new crypto projects like Socratus will become more promising than Bitcoin invest in Socratus
I also believe some of the cryptocurrency may go near to the bitcoin in future. Thanks |
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paul00
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June 26, 2018, 01:38:25 PM |
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No i don't think so. BTC took years to achieve its position today and BTC is the pioneer in this business too. There is no chance for other coins to beat BTC in just a year. I don't think so.
It is possible nothing is impossible in crypto we knows the ups and down. Some coin might overtake bitcoin as per value but to overcome the structure of bitcoin it might take a year to compete with bitcoin and the numbers of people who uses it. |
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green547
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June 26, 2018, 01:38:49 PM |
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Not going to happen in terms of value, Bitcoin has around 50 percent of total market share which is really massive. If this does actually happen it will take a long time (5-10 years at least)
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ShitTL
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June 26, 2018, 01:42:21 PM |
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We can not change the past nor can we know for sure what we should do now is to invest as well as help bitcoin get the trust and love of many if As for the future there will be other coin better bitcoin is also good
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