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Author Topic: Will Bitcoin lose market share?  (Read 838 times)
djcounter (OP)
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August 05, 2018, 06:24:57 AM
Merited by cryptobull3 (1)
 #1

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
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August 05, 2018, 06:32:07 AM
Merited by Getmon (1)
 #2

the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy

Only Bitcoin
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August 05, 2018, 06:37:57 AM
 #3

the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy

This is so true. Nokia lost the market because their products were old and they did not try to compete with the current market whereas crypto industry is totally new and so is Bitcoin. We can't call Bitcoin old by comparing with some new coins which are not even being used at the level at which bitcoin is being used.
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August 05, 2018, 06:50:40 AM
 #4

Bitcoin will not lose and will continue to reign for many years. In the world of cryptocurrency investors are the responsible for the existence of the coin. So as long as there will be many investors to come in there would be no end of bitcoin. Technology wise can be improve by upgrading system performance, let the great minds do their works.
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August 05, 2018, 06:57:27 AM
 #5


Wait til blockchain adoption matures because that's when you'll see how bitcoin will sweep the shitcoins. Those coins that has no use but just store of value will probably be dead and most that will live on will be the ones that has sole purpose the utility tokens. BIockchain is just a decade, we haven't see the biggest explosion yet.


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August 05, 2018, 07:06:16 AM
 #6

If you are here in this forum for quite sometime, then I would say that you are most likely very much familiar with bitcoin than the newcomers in this community. Certainly, I believe that btc will not lose it's market share in the crypto market since this is the most trusted and the most popular cryptocurrency that many investors had been investing compared to the other altcoins.
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August 05, 2018, 07:07:16 AM
 #7

the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy

This is so true. Nokia lost the market because their products were old and they did not try to compete with the current market whereas crypto industry is totally new and so is Bitcoin. We can't call Bitcoin old by comparing with some new coins which are not even being used at the level at which bitcoin is being used.
Bitcoin will only disappear when Blockchain technology fails. Like blockchain technology, bitcoin will last forever. The development of pre-encoded businesses in the law-enforcement sector is on the rise and it will continue to grow strongly.
djcounter (OP)
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August 05, 2018, 07:48:52 AM
 #8

the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy
There are now over 1500 cryptocurrencies newer than bitcoin. These coins are more efficient, faster, and offer features that bitcoin lacks. In this year,  bitcoin’s percentage of the market has fallen from 56% to 33%.
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August 05, 2018, 08:03:24 AM
 #9

Nokia lose from market and also lost it popularity because of their miss judgement. They don't understand the demand of situation, when everyone heading towards android they lunch windows and it is their error of judgement but BTC always become upgraded so, there is no possibilities.
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August 06, 2018, 09:43:58 PM
 #10

The comparison is not accurate
Market conditions are quite different
Competitors here for bitcoin are still far from competitive now
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August 06, 2018, 09:59:47 PM
 #11

The comparison is not accurate
Market conditions are quite different
Competitors here for bitcoin are still far from competitive now


 Bitcoin will remain in the market compared to YOUR negative thinking about Bitcoin, if this old, outdated technology as you perceived, then you better stay away out of this forum, go and follow your best coin site, link and remain there forever. Look at the market preview, where is Bitcoin now? it may have some down stream on its price but remember that this is just a market glitz, it will correct itself. Bitcoin in number one among all ALT coin as posted in the market.
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August 06, 2018, 10:04:51 PM
 #12

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.
Nokia fell because of lack of inventiveness. They kept producing the same phones. It was their fault. But for bitcoin, its not the case, new updates do come up regularly like segwit, LN and Core gets updated frequently too. You are wrong where you say that bitcoin technology is old. Bitcoin and altcoins use the blockchain technology, the ideas behind it are different. And altcoins serve a different purpose. Bitcoin was the first, and it is right now the best and no altcoin would exist now without bitcoin.


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August 06, 2018, 10:06:44 PM
 #13

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


no dont worry we will realise idiocracy with bitcoin being the dominant world currency

HODL HODL HODL  Grin

my newest creation,


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August 06, 2018, 11:54:20 PM
 #14

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

If bitcoin's technology isvold,that is being working on blockchain technology then could you say why the whole world is running towards adopting blockchain technology? Quote

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August 07, 2018, 05:15:41 AM
 #15

No, it will never going to be happen and you comparing it with nokia then i must say nokia is responsible for its own down fall it doesn't give important to the demand of situation.
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August 07, 2018, 05:45:47 AM
 #16

How come you can say that Bitcoin technology is old? Looknat the monetary system, is it more advance than Bitcoin? It is only true that some altcoins have better characteristics than Bitcoin because it became their standard but it is not old! As for Nokia, the reason why it went bankrupt was because it didn't adapt the technology of Android. Bitcoin is a new technology and not all people has knowledge about it.
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August 07, 2018, 05:57:17 AM
 #17

I have high hopes and beliefs to the great capability of the Bitcoin crypto currency in the future that it will not lose its market share, but it will eventually and continuously reign the entire crypto currency community. But the most important thing that the Bitcoin will always remember is that a continuous developments, improvements and innovations is necessary in the world we are living into to keep the gaining the trust and sustain what the people wants.
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August 07, 2018, 05:59:39 AM
 #18

There are a number of important differences between bitcoin and Nokia. Bitcoin is a significant contributory factor to the initial development of blockchain and payment method. The key matter is not the technology only, but the value store like gold also. Moreover, lightning network will play an important role in the time to come and help btc to leave its competitors (altcoins) behind.
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August 07, 2018, 06:01:01 AM
 #19

When there is a bull run and Bitcoin will be slowly losing again on the downside, people will jump into Alts again, a bit like what happened in 2017 and so will lose market share dominance. Also, there might be other technologies far more advanced now than Bitcoin like Cardano for example that might eventually take a larger chunk of the market, thus making Bitcoin less prominent, but like Gold, I think Bitcoin will become known as the store of value for cryptocurrencies for a long time to come due to its low supply and being first to market as it were.


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August 07, 2018, 06:48:21 AM
 #20

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


There is something wrong with this analogy. number of supplies of bitcoin and the demand of consumers. The supply is getting thinner and thinner and as much as altcoin born and being promoted as bitcoin killer, it won't because as time passes by, the price will continue to grow no matter what people will says.

As for the smartphone or cellphone industry, Nokia didn't see their competition coming, while for Bitcoin the competition is already here, but why they are not succeeding despite bitcoin's shortcomings? Its because of supply and demand.
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August 07, 2018, 07:39:51 AM
 #21

because many people will scam at the same time many people money down and for market share will rise down bitcoin will lose.
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August 07, 2018, 07:47:09 AM
 #22

This is a good analogy because many people are predicting that better technology such as ethereum and NEO will one day overtake bitcoin, it happened in the mobile phone industry and it can happen in crypo

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August 07, 2018, 07:54:19 AM
 #23

Bitcoin will not lose and will continue to reign for many years. In the world of cryptocurrency investors are the responsible for the existence of the coin. So as long as there will be many investors to come in there would be no end of bitcoin. Technology wise can be improve by upgrading system performance, let the great minds do their works.
I would agree. I think bitcoin is here to stay, since it keeps improving and adapting over time. it's interesting to see what the future will hold.
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August 07, 2018, 02:45:39 PM
 #24

Bitcoin has continues growth in the public eye, its problems become more pronounced, with a major issue being the increasing energy consumption it takes to secure the Bitcoin block-chain. Power plants around the world are even being brought back to life just to mine the digital currency, a process which already consumes more than entire energy of the world......
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August 07, 2018, 03:30:08 PM
 #25

So, we can wait for the new Steve Jobs. Which will come up with a new super cryptocurrency.
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August 08, 2018, 01:37:12 PM
 #26

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

I don’t think that bitcoin is going to lose any market share , I think we all should know that bitcoin is a volatile crypto currency and apart from being volatile, it is a kind of investment and these two factors are responsible for the flactuation in the valuation of bitcoin and if the valuation of bitcoin is deflated at this time then it doesn’t mean that bitcoin is going to loose its market value, pumps and dumps are very common in every investment so if the valuation is low this time then it is surely going to inflate in the future.
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August 08, 2018, 01:44:55 PM
 #27

the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy
Bitcoin is not the best right now, the thing is it's a trademark and everybody when asked about cryptocurrencies will name Bitcoin in the first place. After a bigger adoption of cryptocurrencies, Bitcoin will give his crown to someone else.
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August 08, 2018, 01:51:55 PM
 #28

Nokia got 90% of all user worldwide, meaning nokia didnt have any big competitor's at that time, so nokia gains a tons of money (achievement), after that apple and andriod exist, for more high and advance tech, no doubt that you have to choose this two instead of nokia, but its a mystery for me that why nokia didnt complete this two leading phone now?

This scenario is pretty far in crypto, although you have a point on that but crypto is different on phones, obvioulsy there is no investment involve when you buy a phone, the only one who can earn is the manufacturer and not the costumer (client),  while in bitcoin every time you buy/invest in bitcoin the potential to gain a profits is high and no doubt about that. Because it is proven many time,
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August 08, 2018, 02:01:48 PM
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the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy
Bitcoin is not the best right now, the thing is it's a trademark and everybody when asked about cryptocurrencies will name Bitcoin in the first place. After a bigger adoption of cryptocurrencies, Bitcoin will give his crown to someone else.
Bitcoin is still the best right now. I guess you should study first about bitcoin before stating something. The dropping of bitcoin price for the past months does not mean bitcoin is still not the best. Bitcoin is the first decentralized digital currency, it means that bitcoin is the foundation of all crypto currency, so if bitcoin price affected, altcoins will be affected too. The market depends on bitcoin, so i must state that bitcoin is the best.
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August 08, 2018, 02:25:16 PM
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Bitcoin will continue to be in the market compared to the negative thinking about Bitcoin, if this old technology is outdated as you feel, then you better stay away from this forum, go and follow your best coin site, link and stay there forever. Look at the market preview, where is Bitcoin now? it might have a few down streams at the price but remember that this is only a glitz market, it will fix itself. Bitcoin is number one among all ALT coins as posted on the international market. Thanks
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August 08, 2018, 02:34:56 PM
 #31

I highly doubt any coin can displace Bitcoin as the top crypto currency.  First mover advantage is huge and bitcoin is the only crypto coin that most people know.  BTC also has the most secure network with the massive amount of electricity that is used to mine .  The only thing that scares me is if governments try to establish their own crypto coin and displace bitcoin, but I don't think they will be able to.
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August 08, 2018, 02:37:18 PM
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whenever there is a fall in the market, everyone gets panic. every time the bitcoin falls, the market volume is literally melted. but the market share did not change much.
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August 08, 2018, 03:53:11 PM
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Bitcoin will never lose in sharing market and will continue growing up, as long as many investor to come bitcoin will never lose, bitcoin will never end and that the most trusted and the most popular cryptocurrency that many investors had been investing compared to the other altcoins.
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August 08, 2018, 04:33:47 PM
 #34

In the medium term, bitcoin does not threaten anything. In the long term, if bitcoin does not solve his problems and does not become a full-fledged means for payments, then the alts will bypass him.

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August 08, 2018, 05:45:24 PM
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Yeah! We all know the sad story of Nokia. But i think in the mobile industry and in the crypto industry is little bit different. One thing you notice absolutely right, other many Altcoin now comes and they have update technology. Ethereum is the main competitor for Bitcoin. But now Bitcoin is the most popular and leading in this industry. In the end nothing would impossible.
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August 08, 2018, 06:23:18 PM
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Well Nokia is just a part of a technology but bitcoin is the origin of the crypto currency and at that using the events that has happen with Nokia to analys the feature of bitcoin is wrong, all the altcoin we have are all part and parcel of bitcoin and at that their can never out grow bitcoin at any point bitcoin will remains the king of crypto
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August 08, 2018, 06:35:55 PM
 #37

Well, looking at your point of view, i understand why you are asking whether bitcoin is going to lose its market share. I don't think bitcoin is going to lose its market share. Although altcoin blockchain platforms are the upgraded version of bitcoin's blockchain platform, i believe the developers of bitcoin will be upgrading bitcoin very soon. Moreover, the crypto world recognizes bitcoin more than any other crypto. 
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August 08, 2018, 07:18:41 PM
 #38

Right now, while most people are watching bitcoin as the king of cryptocurrency and the real mover of the whole market , it will maintain it's huge share of the market (nearly 48%) .but once it stabilize , people will shift their money to alt coins simply because they are already in the dip and once they recover , we can see 5-10x jump easily.

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August 08, 2018, 07:32:33 PM
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You need to look at what Bitcoin is being used for first and how it help in cryptocurrency , Nokia might lost it's market share because they use case or software were not that comply what the world are using now but Bitcoin in it's own case is the major use of the cryptocurrency so I don't think we should call it old or will be term as old in near future.
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August 08, 2018, 09:54:46 PM
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If the market share you're talking about is the price of bitcoin, then you're probably wrong. Bitcoin will never ever lose its price. Bitcoin will never go down 1 dollar again. That's a fact. Bitcoin has gone through those things and proved that it is sturdy.
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August 08, 2018, 11:04:50 PM
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this can happen, but I hope the best. if bitcoin dies, there must be a coin that changes. but I'm still not sure that bitcoin will die.
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August 10, 2018, 02:13:32 AM
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I think cell phone technology and Crypto is a bit different and requires a huge amount of trust with your investment.  A cell phone just seems different to me.  Bitcoin is not the most technologically advanced but ti's still#1.  Bitcoin 1st mover advantage is very real and very powerful. 

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August 10, 2018, 02:15:48 AM
 #43

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

if it's not the best, then what's the best here? never mind, just follow the developments that occur and take advantage of the best opportunities that exist, while bitcoin still has value so it's still good we use and fight for.

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August 10, 2018, 02:23:06 AM
 #44

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

I also think like you. Bitcoin is a pioneer, but it's not the best, the cost of Bitcoin trading is expensive and slower than many altcoin. That's the proof of that.
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August 10, 2018, 06:07:31 AM
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Actually Nokia failed to realise the market update and it  just felt comfortable in staying with hardware and it failed to update its software.But bitcoin is totally different thing and even various organizations and even government sectors have started to utilise the blockchain technology in which bitcoin works.

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August 10, 2018, 06:38:08 AM
 #46

in my opinion bitcoin is the first and the best, bitcoin is the last innovation of currency. So, I think there is no more currency innovation after bitcoin.

this is different from the barter, gold and fiat systems. they are the first but not the best. because the best for today and the future is only bitcoin.

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August 10, 2018, 06:54:42 AM
 #47

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

the best and no problem is not a reason to invest with bitcoin bitcoin is indeed a pioneer of crypto currency and maybe with investors who believe and believe in bitcoin makes bitcoin will continue to grow in the future
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August 10, 2018, 07:20:24 AM
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indeed everything can happen. and I appreciate your writing. but I think it's very difficult to happen if bitcoin will lose market value. until now there are many new coins that have sprung up on the market. but most of the new coins still follow the rise and fall of bitcoin. so in my opinion it will be difficult. if it will happen, it might take a very long time.

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August 10, 2018, 07:29:48 AM
 #49

It is true, the fact is that instead for Nokia to move with the market trend, it tries to shuffle it way which in turn off can d Nokia market. But as the case of bitcoin, currently it is still best and it dictate the way for others.
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August 10, 2018, 07:38:06 AM
 #50

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


it's not a good comparison, because bitcoin still has the largest community of contributors and coders, therefore it has the best potential to improve. That is also the reason why implementing changes can be challenging
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August 10, 2018, 07:57:40 AM
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Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


I believe that market fate may differ that is why comparing what could possibly happen to bitcoin in market to recent large companies does not help at all. It just add up some sort of problem and worries to other bitcoin user. That is why we must not rely on such things.
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August 10, 2018, 08:00:10 AM
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Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

yeah it is a concrete evidence using nokia as an example in comparison with bitcoin and other altcoins in the market. Definitely bitcoin is like nokia it may not be the best but perhaps bitcoin was able to impart benefits among the investors and its clients.
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August 11, 2018, 12:45:07 AM
 #53

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Before commenting anything about the bitcoin, I think we all should know that bitcoin is a kind of investment and any investment is subject to any kind of market risk including ups and downs and apart from being a kind of investment, bitcoin is also volatile in nature and this volatile nature also plays a very crucial role in flactuation of bitcoin so if the current valuation of bitcoin is low, then it doesn’t mean that bitcoin will lose its market share and will shut down.
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August 15, 2018, 02:39:44 AM
 #54

The underlying technology of Bitcoin is the blockchain technology, the future technology whose potential has yet to be unlocked as of now! I can't understand why you say that Bitcoin technology is old? According to your logic, the late one is always more innovative ? Then why Google hasn't been kicked out of the market by Bing ( the web search similar to Google developed by Microsoft)?
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August 15, 2018, 02:40:14 AM
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Yeah, Nokia failed when Apple joined the phone market and. That's true. But there are still a lot of examples showing the late companies go bankrupt due to being unable to compete with the old one. You can't compare Nokia with Bitcoin, they are not the same. First, I don't assert that Bitcoin will take over the market forever, but I don't agree with you that Bitcoin will be replaced just because it's older than Altcoin. Your argument isn't convincing enough and it's not right, either.
In the short term, Bitcoin can feel secure about its position in the market because there can't be a better coin created that fast to take up Bitcoin's share. In the long term, the situation is unpredictable. But at this rate, Bitcoin is far better than Altcoins, the chance Bitcoin will be replaced are little.
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August 15, 2018, 02:43:53 AM
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Do you know why Nokia ended in failure? It failed to catch up with customers' behavioral changes while Apple has been continuously improved its products and launched new lineups. Bitcoin technology, the technology behind Bitcoin, is very potential and not old at all. Though the Altcoins were created after Bitcoin but that doesn't mean that Bitcoin is less innovative. Later means newer but doesn't have the same meaning with more innovative and better. The losing market share of Bitcoin is not out of the question though, if Bitcoin fails to meet users' changes and demand in the future.
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August 15, 2018, 02:45:24 AM
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Bitcoin's technology is older than than that of Altcoins, but it's still quite new to the world. A newborn baby is younger than a one-year-old child, but should we call the latter "old"?  Blockchain hasn't reached its blooming yet, so it still has many room for developing. As for Bitcoin, it's not perfect but it's the best among current cryptos. Its standing will not be shaken like Nokia, because Bitcoin is suitable to the global economy which is aiming at a cashless society. Nokia lost the competition to Apple and Androi because it had been no longer suitable.
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August 15, 2018, 03:00:03 AM
 #58

for now, bitcoin is most interested in the market rather than altcoin for some years to come, it is possible that bitcoin will be displaced, this is if altcoin continues to be developed and accepted by the wider community as a transaction tool

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August 15, 2018, 03:19:09 AM
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Comparing the Nokia case vs Bitcoin case is like comparing an apple with an orange. Bitcoin has a limited amount of coins and is subject to demand and supply.  It is there to stay whether we like it or not. Even if the price were to drop to USD 0.0000000001 or worse, zero dollar, it will still be there. It is a currency in the form of technology. It is in the net. It will not decompose and it stays there forever. Now, if the whales were to pump up the value again or for other reasons, the price goes up again. Can Nokia case be applied here? In my opinion, no.

My guess is Bitcoin price will keep dropping until the bull market starts running again, be it this year, next year or after the next recession bottoms.
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August 15, 2018, 03:38:36 AM
 #60

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

however bad news and bad circumstances I think bitcoin will still exist and develop because it is investors' development that makes it even better according to me the development of bitcoin investors who can make it grow
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August 15, 2018, 04:37:04 AM
 #61

I'm sure that bitcoin will become a popular thing, this is what makes me optimistic that bitcoin can always rise even though a few days are dropping, and I'm sure the increase will start in August.

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August 15, 2018, 04:51:21 AM
 #62

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

I think you're wrong, bitcoin is a crypto currency so it's not the same as trading tools like Nokia. Nokia is an item and bitcoin is a digital asset that can be used for transactions. so its function will still be useful for the next 10-15 years. same if we compare it with altcoins, bitcoin is a currency and an altcoin is an item purchased.
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August 15, 2018, 04:57:21 AM
 #63

I think soon we back to the 65% share of total market.
Yesterday when all market going down we see how someones supported the price at 6k usd.
This means btc will increase their shares

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August 15, 2018, 05:00:49 AM
 #64

As information that bitcoin marketcap has reached more than 50%, whereas when the bitcoin price of around $ 8000 marketcap is only around 34%, this shows that bitcoin is the most dominating and most popular cyrpto, so investing in bitcoin is a good thing.

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icaica22
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August 16, 2018, 04:26:29 AM
 #65

Bitcoin will not lose and will continue to rule for years. In the world of cryptocurrency investors is the responsibility for the existence of coins. So as long as there will be many investors coming there will be no bitcoin tip. Prudent technology can be improved by improving system performance, let big minds do their work. We wait until blockchain adopts mature because that's when you will see how bitcoin will sweep shitcoins. Coins that are not used but only store values may die and most of those who will live will be the ones who have the sole purpose of the utility token. BIockchain is only a decade away, we haven't seen the biggest explosion yet.
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August 16, 2018, 06:03:45 AM
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bitcoin will make everyone happy when we follow the signature successfully and get the token that we want to sell at a price that suits the person who will buy it from where I get money for kitchen needs.
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August 16, 2018, 06:42:41 AM
 #67

Until now, bitcoin hold the majority share of the cryptocurrency market, dominating it with more than 50% with many altcoins holding the remaining shares. But this market share of bitcoin will not stay that high, when the whole crypto market become positive again majority of the altcoins start gaining their value, some funds from bitcoin will go to them, decreasing the market share of the top coin.
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August 16, 2018, 06:57:29 AM
 #68

Bitcoin can not loose market share, so far it still hold more than half of crypto race. What could lead to loosing the market share can be when the altcoin gang up against it and give much power to one coin among them. Then will it happen.
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August 16, 2018, 07:36:00 AM
 #69

this can happen, but I hope the best. if bitcoin dies, there must be a coin that changes. but I'm still not sure that bitcoin will die.
It wont die. many can give you solid proof that bitcoin will thrive, and that currently its having a low point
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August 26, 2018, 01:46:19 PM
 #70

piece of the overall industry , I figure we as a whole should realize that bitcoin is an unpredictable digital money and separated from being unstable, it is a sort of venture and these two variables are in charge of the flactuation in the valuation of bitcoin and if the valuation of bitcoin is emptied as of now then it doesn't imply that bitcoin will free its reasonable worth, pumps and dumps are exceptionally normal in each speculation so if the valuation is low this time then it is definitely going to blow up later on.
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August 26, 2018, 01:48:04 PM
 #71

It seems to me that there are other coins that can get a bigger “piece of cake”, for example, Ethereum is one of them. It’s starting to get more and more popular and demanded. In my opinion, it can be a number one in cryptocurrency industry
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August 26, 2018, 01:58:11 PM
 #72

One big mistake that Nokia did was not adopting Android when it was obvious that Android will be the next big thing. Have they adopt Android and adapt with the market at the time, I'm sure things wouldn't be as bad for them.

It's a different story for Bitcoin. Bitcoin is continuously being developed by hundreds of developer all the time. It's an open source project, everyone can contribute to Bitcoin development. Also, why did you say Bitcoin is not the best? I believe Bitcoin has the most active development compared to other cryptocurrencies.
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August 26, 2018, 02:01:31 PM
 #73

No one will stop bitcoin ! This is A great legend that will break all the obstacles and break out of the bear trend ! He will never lose his market share !
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August 26, 2018, 02:40:02 PM
 #74

Please don't compare Nokia with Bitcoin. The only reason why Nokia's share sharply is because they've given us crappy products after instead of those good ones they used to sell us. Bitcoin on the other hand continues to be the father of all the cryptocurrency and its development is still taking place.
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August 26, 2018, 02:49:36 PM
 #75

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


I think that's a different analogy.
Altcoins are not better than bitcoin but they're just a new generation of bitcoin.
I think if bitcoin dissapear and lose interest, all altcoins will follow the same
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August 26, 2018, 02:56:50 PM
 #76

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

You can compare Bitcoin with Myspace. You can compare Bitcoin with Nokia. But the fact is that there are certain first mover advantages that Bitcoin has, that can never be wished away. By virtue of its high price and large user base, Bitcoin has the highest hashing power securing the network. That is something which you wont see with other altcoins.


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August 28, 2018, 05:27:44 PM
 #77

I think bitcoin is different from Nokia. Nokia cannot keep up with market share like other cellular phone products. Although there are other crypto coins that are more profitable to invest than bitcoin, but bitcoin remains the best in my opinion. Bitcoin has been used in various countries, because bitcoin is increasingly popular. I'm sure bitcoin still has markets around the world.

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August 28, 2018, 05:39:07 PM
 #78

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Bitcoin won't lose market share, I think we should all know that bitcoin is a volatile crypto currency and regardless of volatile, it is a kind of investment and these two factors are responsible for the timing of bitcoin valuation and if the current bitcoin valuation expires then does not mean that bitcoin will lose its market value, pumps and dumps are very common in every investment so if the valuation is low this time it will definitely expand in the future.
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August 29, 2018, 05:56:04 PM
 #79

The way things are moving I don't think Bitcoin will lose its share in the cryptomarket. However, if a very promising crypto project comes with their own coin. things might swing in a direction away from Bitcoins. Ethereum, Ripple are couple of projects that complete for Bitcoin's place in the market and they are both promising and have the potential to go pass Bitcoins, but will that happen soon is anyone's guess.
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August 29, 2018, 06:02:53 PM
 #80

But for now bitcoin is the best and there are no coins that can match bitcoin. I think if you wait for coins that are better than bitcoin then you will wait very long.

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August 29, 2018, 06:04:34 PM
 #81

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

The comparison between the two is quite okay, but I believe Bitcoin will not go the way of Nokia.
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August 29, 2018, 06:12:13 PM
 #82

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Bitcoin has its drawbacks, like any cryptocurrency, but the main advantage of Bitcoin is the trust of people to it, which is expressed in the price of Bitcoin himself.
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August 29, 2018, 10:52:35 PM
 #83

Bitcoin may not be the best as you expected but I am very sure that is different from the rest, bitcoin will make us proud soon.
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August 29, 2018, 11:14:04 PM
 #84

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

I think that next September is the month of altcoin, you can see that the days of the altcoin are constantly increasing very strongly, so I believe that this time you should only invest limited time on altcoin. Bitcoin prices are still bearish in the long term and I believe the market will continue to decline until the end of 2018.
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August 29, 2018, 11:19:32 PM
 #85

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

however bad news and bad circumstances I think bitcoin will still exist and develop because it is investors' development that makes it even better according to me the development of bitcoin investors who can make it grow
More investors are coming for sure with bitcoin because of its growing technology. Many companies learned a lot from NOKIA and for sure, banking industry are seeing this and don't want this thing to happen with their company. I'm confident that many industries will adopt bitcoin and its technology and this can be the reason why bitcoin will still matter in the future.
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August 29, 2018, 11:19:56 PM
 #86

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


Although bitcoin is not the best but bitcoin will continue to be a priority for crypto investors as long as bitcoin continues to be a destination in the trade world even though more and more altcoins appear in the crypto market.
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August 29, 2018, 11:26:19 PM
 #87

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Original comparisons you have! I believe that bitcoin has a future and it is sure to show the world its blockchain technology. It can change people's lives for the better. Everyone talks about money, but we need to talk about technology.
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August 30, 2018, 04:18:27 AM
 #88

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


We still don't know about the future, but there is a possibility to occur about what you said.
Bitcoin maybe can be replaced by other altcoins because bitcoin is not the best. There are many coins better in speed, anonymity, fees, than btc.
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August 30, 2018, 04:32:21 AM
 #89

But bitcoin is the best when it comes to future use for online payments or transactions. Others may have this feature but they also have utility aspects which can hinder it's main purpose. Bitcoin is built solely for that purpose and is currently #1 in popularity and use.

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August 30, 2018, 04:34:16 AM
 #90

the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy

I think it's right because bitcoin displays everything in cryptocurrency because it has the largest volume of today and the most beautiful coin in all altcoins.

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August 30, 2018, 04:56:02 AM
 #91

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.

Don't you think you gave an answer to your question yourself?
When Nokia used to be one of the largest shareholder of the cellphone industry, they didn't upgrade and so, were left behind in the competition. But, after Microsoft "adopted" Nokia, it saw a complete makeover of its style where a cellphone was converted to smartphone after which the name is back in competition.

Quote
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


Yes, you are correct in this manner and I believe that some new investors are gathering a lot of Bitcoins as well as some better developers are joining hands to keep it going still at the lowest fees possible - so get ready to see a makeover of Bitcoin as well where we will come out with a bigger and better Bitcoin very soon which will dominate the whole crypto world completely once again the way it is doing ATM.

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August 30, 2018, 05:54:43 AM
 #92

I agree with you that Bitcoin is best like nokia but Nokia do a mistake and that is it overlook android and it is the main reason of its down fall but bitcoin doesn't do this kind of mistakes.
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August 30, 2018, 03:13:46 PM
 #93

I think it all depends on the community, so far bitcoin has a lot of fans in the crypto world, everyone knows what the purpose of creating bitcoin is, maybe bitcoin is not as expected now, but I'm sure in the future it will come true, so bitcoin doesn't will never lose market share but vice versa.
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August 30, 2018, 03:24:23 PM
 #94

Bitcoin may not be the best as you expected but I am very sure that is different from the rest, bitcoin will make us proud soon.



I think Coins that are not used but only store values ​​may die and most of those who will live will be people who have the sole purpose of utility tokens. BIockchain is only a decade away, we haven't seen the biggest explosion yet.
Wait for blockchain adoption to mature because that's when you will see how bitcoin will sweep shitcoins.
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August 30, 2018, 04:08:24 PM
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Bitcoin still holding the top position in the crypto world and there is no reason I find that can prove that bitcoin will going to lose market share.
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August 30, 2018, 04:52:13 PM
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I don't believe Bitcoin will loose its market  share. This is because bitcoin will keep having a greater demand than other cryptos .
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August 30, 2018, 04:56:08 PM
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Bitcoin technology is based on the blockchain. But today there are more and better projects from the blockchain, such as Holochain.
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August 30, 2018, 05:03:48 PM
 #98

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Bitcoin is not like Nokia as they have different technologies and potentials people might see in them that is why I don't believe Bitcoin will fall just like what had happened to Nokia. As we all know that Altcoins that are either new or old still kneel to the king which is Bitcoin until these days and of course it will in the future. Altcoins are dependent and will always depend on Bitcoins price no matter what happens.



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September 01, 2018, 10:45:40 AM
 #99

I also don't believe this but it is true that the current situation of bitcoin market indicates that bitcoin may lose the market share.
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September 01, 2018, 10:49:20 AM
 #100

if the coming years are as in 2018, I think it will lose its position in the market. because I do not like the way I go.
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September 01, 2018, 11:05:03 AM
 #101

I have high hopes and confidence in the ability of a large crypto Bitcoin currency in the future so it will not lose its market share, but in the end it will continue to govern the entire crypto currency community. However, if the very promising crypto project comes with their own coins. things might swing in a direction far from Bitcoin. Ethereum, Ripple is a complete project for Bitcoin places on the market and they are both promising and have the potential to pass Bitcoin, but it will soon happen is anyone's guess.
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September 01, 2018, 11:15:56 AM
 #102

You have a point that may be a big point to really be considered. As bitcoin is the first other coins may just have advantage of improving what bitcoin didn't achieve in the process similar to Nokia. But know that bitcoin and other coins didn't have that much difference unlike cellphones. No matter how old, still bitcoin can be used just the same and don't have to wear down like the hard actual hardware because it affects functionality. This shows how hardware can be so different to software or data. It doesn't have to change to be appreciated and become used like the hardware of cellphones.
 

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September 04, 2018, 01:43:08 AM
 #103

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Bitcoin is not like Nokia as they have different technologies and potentials people might see in them that is why I don't believe Bitcoin will fall just like what had happened to Nokia. As we all know that Altcoins that are either new or old still kneel to the king which is Bitcoin until these days and of course it will in the future. Altcoins are dependent and will always depend on Bitcoins price no matter what happens.
this is true if the bitcoin market is down once. but we cannot predict when prices will rise again because bitcoin is volatile. but hopefully the market will rise again.
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September 04, 2018, 09:28:30 AM
 #104

the difference is that Apple and Android has been good products instead of being pure shit.

bitcoin was NOT the first but it is the BEST among the existing cryptocurrencies. it may not be the best thing you can hope for because it is not perfect but nothing is ever perfect in the world.
calling bitcoin technology "old" is like calling a 3 month old infant an "old timer". Cheesy

This is so true. Nokia lost the market because their products were old and they did not try to compete with the current market whereas crypto industry is totally new and so is Bitcoin. We can't call Bitcoin old by comparing with some new coins which are not even being used at the level at which

 bitcoin is being used.


Well I think not so because
Bitcoin's previous low was 37.6 percent in June. By contrast, at the start of 2017, its market share stood at over 80 percent. Dominance refers to the percentage a single virtual currency has of the market capitalization or value of every cryptocurrency in the world.
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September 04, 2018, 09:45:36 AM
 #105

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.


I think its not apple to apple compare between nokia and bitcoin. Nokia is company and have brand value but bitcoin is store of value or as investment instrument. Bitcoin as store of value always needed as long internet always live
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September 04, 2018, 10:17:58 AM
 #106

Why? Nokia is one of the oldest phone brands. Its heyday is a lot of people's favorite, and may be almost unique in the phone market. The phone was enduring and the Symbian operating system was the technology of the day. However, since Apple was born with IOS, other companies are born with Android, this is the end of Symbian. And Nokia has sank for some time. Now Nokia has returned to the operating system Android is ready to compete with other phones.
In short, Bitcoin, like Nokia, was born early and brought the technology of the time, from 2009. Surely later will appear other valuable virtual currency, modernity, overcome the disadvantages. of Bitcoin, and it could take the top spot of Bitcoin. Will Bitcoin disappear or will it change to catch up, like Nokia? I believe time will reply
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September 04, 2018, 10:34:58 AM
 #107

I also think like that, the current bitcoin technology is old, and many altcoins start with the latest version of blockchain. but I don't see Bitcoin as Nokia. Bitcoin is still number 1 in the world of crypto currencies. even the latest blockchain doesn't change bitcoin users. this is great for bitcoin.
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September 04, 2018, 11:01:25 AM
 #108

Undoubtedly, no. Nokia has lost its market because it can not keep pace with technology. When other companies are making new things, Nokia is in the old market. And Bitcoin is a kind of coin. That means online or virtual currency. It has nothing to lose in the market. Maybe Bitcoin system will be better but Bitcoin will remain. So do not worry, Bitcoin will not lose market share. I think.
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September 04, 2018, 12:19:51 PM
 #109

It seems to me Bitcoin is not only a technology, but also a creative team. I believe that these guys have a leadership next to their talent.
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September 04, 2018, 12:26:53 PM
 #110

that bitcoin is not the best concept is very blurry, depending on what we are talking about, if about using it as a means of payment, then it is not ideal because of the relatively long processing time and the price of commissions. But if we are talking about the tool of cross-border transfers, then it is better to think something better than it. About the investment side, you can not even mention it.
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September 04, 2018, 03:20:18 PM
 #111

Good marketing support, and bitcoin will live for a long time. This is the law of advertising at the moment. And you are your question, have already made a contribution to advertising Roll Eyes
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September 04, 2018, 03:32:03 PM
 #112

because many people will cheat at the same time a lot of people money down and the market share will rise down bitcoin will lose., then I have to say that Nokia is responsible for its fall down, this does not give importance to the demand situation.
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September 04, 2018, 03:46:28 PM
Last edit: September 05, 2018, 02:59:36 PM by reda
 #113

The market is important of the all business process. If the market will be down. Share market will go down. So market price is important for all country improvement. People before invest check the market price day by day. Then people choose and invest the coin. It the good opportunity for the get more profit. All country business in the marketplace. So people follow the market price. If the market is red that time price goes down. So people choose that time to invest. It changes all the process.
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September 04, 2018, 03:47:50 PM
 #114

i think that said bitcoin has a old technology is too early. Now bitcoin change day by day. bitcoin is an integral part of crypto market.
everyone use bitcoin to exchange day by day in crypto market. i think bitcoin will grow and survive in the future
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September 04, 2018, 03:57:58 PM
 #115

It is curious that you compared bitcoin with Nokia. You are correct, Nokia was the top phone companies in the 90s until other companies took over. However, now they are back. They may be having quite a hard time being on top again, but they are still around. It is the same with bitcoin. For now it is the top cryptocurrency, and perhaps someday a new crypto will emerge and replace bitcoin, but it will be around for a long time, I think.
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September 04, 2018, 04:06:40 PM
 #116

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Everything is possible, but bitcoin replacement by other altcoins has not taken place or it may take a long time to happen. You know that bitcoin is now more capitalized than half of the market and has a very strong community, on the other hand bitcoin is constantly growing and gradually accepted by the nation so its potential is huge.
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September 04, 2018, 05:38:28 PM
 #117

In addition to technological success, bitcoin has gathered a team of leaders who are only striving forward on the basis of talent and justice.
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September 04, 2018, 05:44:35 PM
 #118

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Everything is possible, but bitcoin replacement by other altcoins has not taken place or it may take a long time to happen. You know that bitcoin is now more capitalized than half of the market and has a very strong community, on the other hand bitcoin is constantly growing and gradually accepted by the nation so its potential is huge.

I don't know how many developers Bitcoin has, but I guess that it has more developers then all other cryptocurrencies. It has better potential to evolve more than other cryptocurrencies because of that.

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September 04, 2018, 05:54:17 PM
 #119

It will all depend on people. If people stop believing in Bitcoin and find another convenient crypto currency, then the share of bitcoin in the market will drop.

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September 06, 2018, 05:13:26 AM
 #120

Bitcoin will never lose in sharing market and will continue growing up, as long as many investor to come bitcoin will never lose, bitcoin will never end and that the most trusted and the most popular cryptocurrency that many investors had been investing compared to the other altcoins.
Very good opinion and I agree with your opinion.
Yes, it's true that bitcoin will never lose in any case, including in the market or in investment, even many investors trust bitcoin as the best coin and many people believe that bitcoin has a good future because bitcoin always grows rapidly.
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September 06, 2018, 05:23:29 AM
 #121

In 2017, investors are looking for the next digital currency that can replace Bitcoin. More and more investors are interested in the ICO and altcoin markets, which has led to a sharp drop in the market value of Bitcoin from December.
However, since investors have recently realized that the top five currencies of the investment market share will be the safer insurance option, they will return to the embrace of mainstream currency, especiallay BTC.
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September 06, 2018, 05:33:49 AM
 #122

bitcoin will never lose market share, because bitcoin is a very popular digital money and many investors want to invest, because bitcoin is a very profitable investment place, so bitcoin will not end and it will not lose market share.
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September 06, 2018, 06:14:57 AM
 #123

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

the development of technology no one can know for sure if your comparison is an object that is nokia i think crypto currency is not an object but an economic system that uses technological progress

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September 06, 2018, 06:19:08 AM
 #124

Bitcoin has to step up as the new coins are offering better products. I know the core team behind Bitcoin can do this. They are composed of brilliant people. Bitcoin is the most trusted of all coins so there is no reason why Bitcoin will simply vanish in the face of younger coin influx. Nokia was the same. It was just that they decided to get absorbed by Microsoft. They could have decided to fight on.

MEGA

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sotoshihero
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September 06, 2018, 06:25:10 AM
 #125

Bitcoin will never lose in sharing market and will continue growing up, as long as many investor to come bitcoin will never lose, bitcoin will never end and that the most trusted and the most popular cryptocurrency that many investors had been investing compared to the other altcoins.
Very good opinion and I agree with your opinion.
Yes, it's true that bitcoin will never lose in any case, including in the market or in investment, even many investors trust bitcoin as the best coin and many people believe that bitcoin has a good future because bitcoin always grows rapidly.

I shared with the same opinion. Its a no and will not lose a market share since its the pioneer crytptocurrency and still it has a loyal follower. It can share its marketshare to some crypto but bitcoin will remain in my opinion.
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September 06, 2018, 06:33:34 AM
 #126

Bitcoin has already been surpassed in terms of technology and features, but crypto is a different market to mobile phones. They don't have scam phones, pump and dump groups, and worthless shitphones. This is why bitcoin will always be number 1

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September 06, 2018, 06:55:19 AM
 #127

Bitcoin tidak akan seperti Nokia, Bitcoin akan menjadi mata uang digital nomor 1 didunia. Jadi saya yakin bitcoin tidak akan kehilangan pasar.
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September 06, 2018, 07:14:41 AM
 #128

which part of the market, of course, bitcoin has lost, but it has not lost its popularity among many people of great interest in investing in bitcoin and I think that soon this interest will be justified by the large and rapid growth
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September 06, 2018, 07:21:24 AM
 #129

yeah you right but only time will know bitcoin can do it for long, because for now to many coin in the market wants to be the best so bit coin will have more competitor.
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September 06, 2018, 07:27:03 AM
 #130

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

I also think bitcoin possible to loss its market share but it takes a long period of time because bitcoin are usually popular than others on which most of the people already knew and invested on it and the government in the different country started to make a law that making it legal that everyone can be easily to use it in their daily life.

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September 06, 2018, 07:30:55 AM
 #131

Undoubtedly, everyone knows the name of Nokia, and, with its words, quality and performance are brought into the minds of individuals. Nokia was one of the first mobile phone companies in the world. In 1998, Nokia was able to rely on the royal palace of the mobile phone companies, and the largest share of mobile phone sales. But with the advent of Apple's phones and Android phones, the share of Nokia has fallen sharply so that they were eventually bought by Microsoft in 2013.
In my opinion, Bitcoin has a way that Nokia. Bitcoin technology is old compared to other Altcoin. Bitcoin was the first, but perhaps not the best.

Compared pretty interesting, I also hope one day there is a altcoin can replace the BTC door location!
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September 11, 2018, 01:07:46 PM
 #132

If you refuse to innovate day by day, you will be backward with the world. That has been proven, for example, the Nokia that you mentioned. But bitcoin is different, always changing, constantly growing, gradually it becomes a part of the market. Bitcoin loses market share only when it stops growing.
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September 11, 2018, 01:34:47 PM
 #133

Yes, in the past we have seen many examples that being first does not guarantee that it will always be number one for always. BTC might be an exception in this case if it keeps making new advances in its technology. this way it will always be ahead of others.
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September 11, 2018, 01:42:38 PM
 #134

If you refuse to innovate day by day, you will be backward with the world. That has been proven, for example, the Nokia that you mentioned. But bitcoin is different, always changing, constantly growing, gradually it becomes a part of the market. Bitcoin loses market share only when it stops growing.

There need to be some sort of upgrade for the bitcoin in terms of it's functionality to be the market leader.

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September 11, 2018, 01:50:01 PM
 #135

It is pretty early to say that bitcoin will lose its market share due to its obsolete technology. Still the crypto world can be considered in its early stages only. Many new altcoins have been developed which are far more advanced than bitcoin. However, investors has not lost their confidence in bitcoin. If bitcoin manages to update its technology that becomes comparable to that of altcoins, it will surely remain number one only.
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September 11, 2018, 01:54:14 PM
 #136

Bitcoin will not lose its dominance as it is the first ever coin in the world of crypto. This coin is the founder of this volatile place that later can goes into pump and in just a moment dump. There are more businesses out there and some of them doesn't have a choice in the future but to connect into bitcoin partnership in order to make their business much effective.

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September 11, 2018, 02:02:04 PM
 #137

I disagree, bitcoin might be old but it's not obsolete. It's not gonna lose it's market share
at all, volatility is an impending and defining factor with bitcoins and cryptocurrencies.
People might say that it's not the best but it sure is the most expensive and pricey.
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September 11, 2018, 02:10:06 PM
 #138



maybe, I don't know what will happen in the future especially in terms of IT technology. but bitcoin has a strong influence in the investment industry even though its value for now falls deeper. there are many crypto experts who predict that in the future bitcoin will increase even higher

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September 11, 2018, 03:08:51 PM
 #139

It is theoretically possible that anyone can come up with an equivalent or more user base, market volume, utility value and price to replace the Bitcoin. There are many good coins out there but as of now, I don't see any coin having that potential to replace Bitcoin at least in the next 5 to 10 years from now. Bitcoin is a dominant currency in the crypto sector and I don't see any reason for it, not to.
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September 11, 2018, 06:45:35 PM
 #140

This kind of thoughts are normal and people think this kind of thing only because the fall of bitcoin and they are loosing their faith on bitcoin but it will never lose market share.
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