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Author Topic: Do you think Altcoins will be a big competitor to Bitcoin?  (Read 1395 times)
GodsChosenVessel
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November 03, 2018, 11:27:56 AM
 #161

Maybe if we add all the altcoins together, they might. But individually, no altcoin is capable of competing with Bitcoin at the moment and in the nearest future, it will be hard.

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iLatios
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November 03, 2018, 11:43:13 AM
 #162

Firstly I thought that altcoins are more useful, because you may pay with tokens even 1$, when it is hard to do the same with Bitcoin because of its high price.
But it was my mistake. Time has shown that a number of perspective and even valuable tokens dissapered at all while Bitcoin is on the same position - it is first and the most expensive.

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November 03, 2018, 11:53:32 AM
 #163

I believe that within 3 five years, ETH, EOS AND TRX will be competitors of BTC.

Here is my new post about why TRON is a promising cryptocurreny to be invested. Looking forward to hear from you guys!
https://bitcointalk.org/index.php?topic=5060511.20
I love the projects you have mentioned, but you will be living in a big dream to think that this is something that will possibly happen. Whether you like it or not, altcoins will always be altcoins, tomorrow new projects will pop up and then you will easily shift your attention from EOS and TRX, it happens every time and that is one major thing a lot of people are not understanding, which is the fact that the support for bitcoin will always be there as something most investors will trust first before even putting money into any altcoin. So if you think those ones will by any chance over take bitcoin, then you are really living in your own dream world.
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November 03, 2018, 12:00:14 PM
 #164

I don't think one of them would be a big competitor to bitcoin as we can see it would be a hard to some altcoins to make their value to increase in the market with the help of bitcoin. We know that they are all change their value in the market when bitcoin increases his value in the market.

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November 03, 2018, 12:14:15 PM
 #165

Do you think, in future, Altcoins will dominate the crypto market? Or will it be a strong competitor to bitcoin?
Well, It might take a long time but In my opinion only ethereum can be considered as a competitor to bitcoin.

oh sweet news are came out from Vitalik. hope we can see increased scalability already in a next year. yeah I agree that ETH is a good competitor, but BTC is still more established as worldwide currency,
I'm sure with more developments owned by Altcoin will be increasingly able to bring great benefits to the Altcoin and was able to make such a powerful Altcoin. so with the presence of these advances is able to make Altcoin as reliable a profitable big competitors to compete with Bitcoin.

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November 03, 2018, 12:18:55 PM
 #166

In the future there will be only one coin to prevail and that is bitcoin.

Lets stop comparing alts to bitcoin because bitcoin is the sure winner of these comparisons.

When bitcoin rises, you'll see that many alts will tank and that's the bitcoin dominance effect.

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Wolfwar
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November 03, 2018, 12:41:43 PM
 #167

In the future there will be only one coin to prevail and that is bitcoin.

Lets stop comparing alts to bitcoin because bitcoin is the sure winner of these comparisons.

When bitcoin rises, you'll see that many alts will tank and that's the bitcoin dominance effect.
You should analyze at least part of the ico market of the company where certain coins are created on the erc20 platform, which are really in demand in society, how projects are being introduced into various spheres of human activity. But what can Bitcoin provide? If ethereum falls, then most of the cryptocurrency market will fall.

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November 03, 2018, 12:50:21 PM
 #168

Altcoins of course will cost a lot of money, in General, they will be and now invest large resources, of course not all, not many but they will grow greatly in price, so I can say at the expense of overtaking bitcoin in price is not the fact of course that who will overtake bitcoin, most likely this will not, the new price is very

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November 03, 2018, 12:51:30 PM
 #169

Bitcoin is the first Cryptocurrency to exist so it is quite normal to see that it is dominating the market, I expected nothing less but we might be seeing a shift in the market in the nearest future because I see so many good replacements for bitcoin coming out.

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November 03, 2018, 12:53:55 PM
 #170

Bitcoin dominance in the crypto market almost 51% right now. If bitcoin price will go to the moon again then this dominance percentage may increase! But we have many options in altcoins, and many altcoins are better than bitcoin in several ways! Do you think, in future, Altcoins will dominate the crypto market? Or will it be a strong competitor to bitcoin?

There are some threats now, but they are not a serious threat and these altcoins will always become a serious threat, these threats will always be here but I don't think they can surpass Bitcoin supremacy, although there is a lot of Bitcoin clone and fork that threatens Bitcoin leadership.

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November 03, 2018, 02:39:31 PM
 #171

Bitcoin is the first Cryptocurrency to exist so it is quite normal to see that it is dominating the market, I expected nothing less but we might be seeing a shift in the market in the nearest future because I see so many good replacements for bitcoin coming out.
There are quite a lot of altcoins out there now, but they can not beat the value of the BTC, the BTC is the king of the codec market, but they are down at $ 6400. but at this price there will not be any coin that can be reached

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November 03, 2018, 02:45:23 PM
 #172

Bitcoin dominance in the crypto market almost 51% right now. If bitcoin price will go to the moon again then this dominance percentage may increase! But we have many options in altcoins, and many altcoins are better than bitcoin in several ways! Do you think, in future, Altcoins will dominate the crypto market? Or will it be a strong competitor to bitcoin?


if bitcoin is pumped again, there are many people who sell their altcoins for bitcoin, then there is no percentage ratio ratio between bitcoin and altcoin, because the market is very bound by bitcoin. but if after bitcoin is pumped up and stable, there are many altcoins that are starting to grow high.
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November 03, 2018, 02:48:27 PM
 #173

The entire market is a bitcoin market, it dominates it for a long time, no other coin can match it in terms of indicators. It is obvious that in the future there will be nothing left but Bitcoin, and possibly a few coins.
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November 03, 2018, 02:52:49 PM
 #174

I didn't quite get the gist of it. How, for example, the coin CND (Indicator), which is engaged in the prediction of rates based on artificial intelligence will be a competitor to bitcoin?

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November 03, 2018, 02:55:12 PM
 #175

I think that bitcoin is like an index of all crypto market. Maybe the dominance will be under 40% in the nearest 2-3 years. But I don't think that we need to think about it. It's better to hold all Grin
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November 03, 2018, 03:00:14 PM
 #176

It is difficult for Altcoins to compete with Bitcoin because we can see that the price of Bitcoin is too high and any Altcoins can not be comparable.

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November 03, 2018, 03:45:09 PM
 #177

In the future there will be only one coin to prevail and that is bitcoin.

Lets stop comparing alts to bitcoin because bitcoin is the sure winner of these comparisons.

When bitcoin rises, you'll see that many alts will tank and that's the bitcoin dominance effect.
- Well, what you say is probably very true when we look at the market, the domination of bitcoin is indisputable, the value of altcoin always revolves around bitcoin, whenever the value of bitcoin has problems, altcoin is almost completely affected. Shadow of the bitcoin is too big for the crypto market, altcoin can grow very strong and achieve much success but it forever can not overcome the shadow of bitcoin, and so altcoin can not be rivals in the future of bitcoin, it can only stand in the back and develop based on bitcoin

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November 03, 2018, 03:49:46 PM
 #178

Yes ı think it will be in the future. Because i  can see there are too many altcoins with huge technology and they have really big teams who working on that project everysecond.
So ı believe in the future there will be really big coins and these coins will be competitor of bitcoin  No doubt about this issue

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November 03, 2018, 03:52:39 PM
 #179

I don't see that. I believe bitcoin and altcoin move together in the market of crypto. There is not a competition, moreover bitcoin will not find the altcoin who could not hide him. bitcoin is still in the future and the highest of the crypto.

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November 03, 2018, 03:53:41 PM
 #180

Bitcoin dominance in the crypto market almost 51% right now. If bitcoin price will go to the moon again then this dominance percentage may increase! But we have many options in altcoins, and many altcoins are better than bitcoin in several ways! Do you think, in future, Altcoins will dominate the crypto market? Or will it be a strong competitor to bitcoin?
I think that would be really hard for any altcoin to surpass the Bitcoin for now, as long as the image of bitcoin as the mother of another altcoin still sticking in the mind of people, that will be impossible for altcoin to surpass bitcoin domination.
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