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Author Topic: Can any ALTCOIN ever overtake Bitcoin ?  (Read 2420 times)
powerglade
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December 01, 2018, 07:41:19 PM
 #201

In my opinion, no altcoin is going to overtake Bitcoin as the primary cryptocurrency.
Bitcoin has a substantial first-movers advantage over other cryptocurrencies.
 Even in the height of the end-of-year 2017 frenzy when Bitcoin transaction fees were ridiculously high,
no crypto came close to taking its spot.
waaat?
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December 01, 2018, 07:43:59 PM
 #202

Watch on the market. Any BTC movements lead to grow or crash. It mean that all (most) alts have a strong correlations. How they can overtake with such dependencies? Nothing. For more profit we can use alts but BTC will live long
dobolspeed3
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December 02, 2018, 08:38:59 AM
 #203

Bitcoin will always be the top for the next few years. and Altcoin anywhere can't overtake now or in the years ahead. Because Bitcoin is an ico of crypto currencies. and very much in demand by everyone. So from that Bitcoin will always be the top.
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December 02, 2018, 08:45:58 AM
 #204

altcoins can catch up with bitcoin only if they have a good working product. and until they all pacifiers

I don't think that's possible, because altcoin is an alternative coin while bitcoin is the main coin and king in the crypto world. the price difference is also very far away, so it's very unexpected that altcoin can replace the position of bitcoin on its throne.
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December 02, 2018, 08:46:22 AM
 #205

I think over time, Altcoin will be created with a revolutionary idea. The idea will be so good that this altcoin will be able to press the BTC from 1 place. And maybe he has already appeared, it remains only to invest his money in it.

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December 02, 2018, 08:51:21 AM
 #206

Bitcoin is mainstream in the crypto community. It has always been the number one among cryptocurrencies. I dont believe any altcoin can overtake BTC.
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December 02, 2018, 09:17:25 AM
 #207

I think for overtake price of bitcoin it will be imposible.but for popularity and more transaction of community it will be.i think for believed somepeople number one just to bitcoin that can exchange to real money at cryptoworld.

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December 02, 2018, 09:59:40 AM
 #208

I think it's impossible if altcoin can overtake BITCOIN especially in terms of price as well as in terms of fame.
Altcoin (alternative to bitcoin) is logically impossible to be able to compete with BITCOIN besides the altcoin is also racing against BITCOIN. We see that there is also more from the BITCOIN community and I think that is proof that he is the king in the cryptocurrency that will never changes.

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December 02, 2018, 10:18:28 AM
 #209

At present, no altcoins are anywhere near of bitcoin, so there is no match with bitcoin. At the beginning of 2018, Many people had high expectations with Ethereum, but since then it has maintained continued downward trend and the price is around $100 now.
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December 02, 2018, 10:40:33 AM
 #210

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.

I don't think any altcoins today can overtake bitcoin because bitcoin has overruled the system. This is the most expensive coin right now and everyone protects bitcoin value. It may be volatile but the price will not go down like any other altcoins due to its certain stability.
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December 02, 2018, 10:47:19 AM
 #211

this could happen. but not in the near future. currently competing are Ethereum and Ripple (XRP). the 2 coin developers are indeed very active in making breakthroughs and competing to get big partners. other coins need extra work to be able to get big partners and rich investors who are interested in entering the crypto world.
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December 02, 2018, 10:53:17 AM
 #212

Basically, bitcoin has been born with a very strong defense, so it is difficult to beat by various kinds of coins. Until now, altcoin is still competing to get its main position as king of altcoin. That alone is still quite difficult because there is ETH as the king of altcoin with its rampant mastery. But if there is an altcoin that can provide a better revolution for crypto, I think it will be better.
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December 02, 2018, 10:59:17 AM
 #213

The above 50% dominance should mean a lot in such discussion, it is really had to beat. 53% dominance in over 2000 coin market is strong influence, except we all decide to fight bitcoin which is not necessary. The manipulators of the space dont care about any other coin aside bitcoin, it still has one of the strongest volatility in the market. It took a whole year to dump the price by 80% which took most altcoin less than 2 months. The argument of ethereum dominance has gradually decreased which may not come up again except one just one to add a thread in forum to add merit.

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December 02, 2018, 11:40:08 AM
 #214

It is hard to tell but I don't see any best coin like bitcoin  - so populare and more stable than other coins. Bitcoins will be always a leader

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December 02, 2018, 11:48:06 AM
 #215

Back in mid-2017, Ethereum was so close to overtaking Bitcoin, as far as the market capitalization is considered. There was a difference of only around $2.5 billion. If ETH can get so close, then definitely some other altcoin will be able to overtake BTC in the future.
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December 04, 2018, 03:01:55 PM
 #216

Watch on the market. Any BTC movements lead to grow or crash. It mean that all (most) alts have a strong correlations. How they can overtake with such dependencies? Nothing. For more profit we can use alts but BTC will live long

Everything that you have written here looks realistic. Judging by the current market situation, Bitcoin will never give its leadership to any other cryptocurrency. If many tokens can die, BTC will not vanish.
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December 04, 2018, 11:51:20 PM
 #217

In the near future it it would be an impossible mission to any alt to take over the market lead from BTC. XRP and ETH are the closest but BTC is dominating the market with over 50%.
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December 04, 2018, 11:54:53 PM
 #218

In as much as i want to stay open for change this actually is not possible. Bitcoin has the highest market cap and also the most valued cryptocurrency in the crypto community. It is also one of the major cryptocurrecy used in making transactions so i don't see how any altcoin can overtake it.

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December 04, 2018, 11:56:27 PM
 #219

It will take a very long while before that can happen, because bitcoin still dominated the crypto market, for that to be done, bitcoin dominance will have to reduce, but looking at the market and the way regulations is happening in the space, it will take a long while if it's going to be ever possible.

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December 04, 2018, 11:59:25 PM
 #220

No they cant. Bitcoin will always be at the top and we should just accept it. I don't see a point if an altcoin over thrown bitcoin. Will it be beneficial for everyone? There will be no changes on crypto regardless if bitcoin is at the top or not. The market will still be bear and bitcoin will be number one again because that is where btc is supposed to be.

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