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Author Topic: Can any ALTCOIN ever overtake Bitcoin ?  (Read 2469 times)
a2zC
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August 22, 2018, 11:55:55 AM
 #161

I don't think that is possible. Bitcoin is the only true cryptocurrency that is perfectly immutable, secured and transparent. No other coin offer such foolproof features, even if they claim to be like Bitcoin but there are a lot of loopholes between what they say and what they actually are. So, there is not possibility for ALTs to take over Bitcoin, at least according to me.
ClaytonLWils
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August 22, 2018, 04:57:37 PM
 #162

The answer to your question is simply no. None of the Alts have the potential to replace or overtake Bitcoin in the current situation of the market. In future, we cannot really predict what will happen, but right now, there is not worthy competitor of Bitcoin available in ALT market.

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Gumpfire
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August 22, 2018, 05:16:02 PM
 #163

It's almost 8 months of 2018 and we have not seen any reasonable hikes for the altcoins,
It was only Ethereum that hit a good value of almost 1.4k$ in the beginning of the year . Since then it's pretty dull.

Forget overtaking can any ALTCOIN ever reach a value near Bitcoin.
Bitcoin will never be overtake with any other altcoin because bitcoin will remain top 1 in the market and it is the first cryptocurrency that was created. Bitcoin will never be overtake, even some altcoins will start to have a good value because they couldn't reach bitcoins value.
ShakingCoin
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August 22, 2018, 05:32:13 PM
 #164

They could. We have seen ETH winning the hearts and the market over BTC. So there could be the emergence of an altcoin which could be the better one of BTC. But that may take some time, in the distant future.
BarnabyETH
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August 22, 2018, 05:53:07 PM
 #165

This is not an impossible task, but it is not an easy one to accomplish either. Given BTC is the best one from its inception and there has been so many coins which came and died and was not able to budge BTC out of its place. So, the coin needs to be pretty amazing and top notch to beat BTC.
monirmostafiz
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August 22, 2018, 05:59:10 PM
 #166

I do not think anything can give an altcoin market lead by overtaking Bitcoin. Because Bitcoin is the Mother Coin of the crypto currency, it does not seem to have any stable alter coins near it.

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belal12
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August 22, 2018, 06:10:53 PM
 #167

I do not think so that any coin can overtake bitcoin. Bitcoin is the more popular to all of us than any other coin , it is the king of crypto currency. We cannot think crypto world without bitcoin.
mairespleet
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August 22, 2018, 06:15:38 PM
 #168

This is hard to say. It could but it needs to be a pretty amazing coin to accomplish that. Given BTC has been in the market from 2009. And in 9 years there hasn't been a single coin that can be deemed as a betetr coin, says that this is the best coin in the market and that the standard has been set pretty high by BTC.
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August 22, 2018, 06:18:15 PM
 #169

This is hard to say. It could but it needs to be a pretty amazing coin to accomplish that. Given BTC has been in the market from 2009. And in 9 years there hasn't been a single coin that can be deemed as a betetr coin, says that this is the best coin in the market and that the standard has been set pretty high by BTC.
I think that big investors will not risk and will not invest into some new coins when there is Bitcoin, well estabilished big cryptocurrency.

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August 23, 2018, 06:16:35 PM
 #170

In my personal opinion I think it’s quite tough to overtake btc by any other alt coins. But yes there is chance to overtake if other alt coins become more secure and same time offer large scalability than btc.

Maybe several years will pass, and real genius will invent a perfect cryptocurrency which will become a real bomb. Then, this crypto might have the chances to overtake Bitcoin. Today's alts can never do it.
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August 24, 2018, 02:41:12 AM
 #171

This year's market price movements have decreased more often, not only bitcoin which has always experienced a decline in market prices, almost all altcoins follow the movement of bitcoin prices so that no altcoin can exceed the price of bitcoin
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August 24, 2018, 02:54:41 AM
 #172

It's almost 8 months of 2018 and we have not seen any reasonable hikes for the altcoins,
It was only Ethereum that hit a good value of almost 1.4k$ in the beginning of the year . Since then it's pretty dull.

Forget overtaking can any ALTCOIN ever reach a value near Bitcoin.

No Bitcoin is #1 because it was the originator and the first.  Since no one can ever lay claim to these facts Bitcoin will always be #1.  No matter how great the other coin is it wont matter. 
romeo robert
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August 24, 2018, 02:57:24 AM
 #173

I guess it's not possible, is there a possibility altcoin rates could exceed the bitcoin but in power say think is impossible because of the bitcoin has enormous power to move markets crypto.
kakaword
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August 24, 2018, 03:13:32 AM
 #174

I think it is very difficult to go beyond bitcoin. Bitcoin is the pioneer of this industry, its position in this industry is unshakable, and its market value has been far ahead of other cryptocurrencies, despite its technology. It is behind, but I still believe that it will not be surpassed.
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August 24, 2018, 11:23:53 AM
 #175

In my opinion it is possible and we'll have ever have such competitive alternative cryptocurency which will beat Btc. But it is impossible in the nearest time.

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August 24, 2018, 11:48:43 AM
 #176

Well, the possibility of that happening is really slim cos as it is now we all know that bitcoin has been the only coin that dictates the trend of all coins. So for that reason, I'm not sure its gonna happen and if it is happening, not any time soon
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August 25, 2018, 03:13:06 PM
 #177

with the lessons that life has taught me, I believe there is nothing impossible in this world we are. Some years back, nobody will ever believe that bitcoin will ever come and people will reduce the rate at which they use credit cards and other forms of online means of payment and embrace the bitcoin. In as much as this can happen, so also I believe that one day we can see altcoin that can move much more than bitcoin. The altcoin just needs to have a very good use case, dedicated team members who are ready to work tirelessly to achieve the fit.
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August 28, 2018, 12:57:19 PM
 #178

It's almost 8 months of 2018 and we have not seen any reasonable hikes for the altcoins,
It was only Ethereum that hit a good value of almost 1.4k$ in the beginning of the year . Since then it's pretty dull.

Forget overtaking can any ALTCOIN ever reach a value near Bitcoin.

overtaking I don't think so it is going to happen and even if it does which is very unlikely it will take years from now to happen. and regarding the price of altcoins then that depends how are you comparing to it like bitcoin was once under 1000$ and we have seen a handful of altcoins breaching that 1000$ mark so yes altcoins can reach the price of bitcoin(it only depends which price you want to compare it to).
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August 28, 2018, 01:02:28 PM
 #179

Right now the concern should be about stability, overtaking is a far fetched dream!
CoinEraser
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August 28, 2018, 01:08:08 PM
 #180

It's almost 8 months of 2018 and we have not seen any reasonable hikes for the altcoins,
It was only Ethereum that hit a good value of almost 1.4k$ in the beginning of the year . Since then it's pretty dull.

Forget overtaking can any ALTCOIN ever reach a value near Bitcoin.

Meanwhile I can't imagine that Bitcoin can be replaced by an altcoin sometime. Even Ethereum wasn't in the long run and won't make it in the future. Bitcoin is the leading currency in the crypto world. It's the first, big crypto coin, has the most support and the strongest network. That's probably why no altcoin will be able to take the place of Bitcoin in the future. It would still be possible, that happens, but very unlikely. There will be altcoins alongside Bitcoin that will hold their own but never surpass Bitcoin.  Wink
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