Would Bitcoin become irrelevant or remain the King?

[worldofcoins]

So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!

I can only speak based on the evidence and so far it seems that even if Bitcoin prices are slumped there is no coin whose price is anywhere near Bitcoins, thus to say that if BTC collapses entirely only then BTC will become irrelevant and replaced by its competitors.

[Dudeperfect]

See each and every coin has its own philosophy and that's how it works. Bitcoin came up with the solution to the issue of time-consuming costly fund transfer option and enabled users to do the same task in less time and cost. Similarly, there are other coins dealing with a different kind of issues hence I won't compare the two coins in terms of utility value so I don't think any other coin can replace Bitcoin at least in near future.

[lyks15]

I think bitcoin is still and remain the king even the price is already down. Because all we know that even the price is already fall we can use it to some online payment so it is also help us in our transactions. We can say that bitcoin is still the king because it is relevant as a payment and also it is still a good investment that we can invest. I think  we cannot based on the low price to say that bitcoin is now irrelevant because I know and all we know that bitcoin will rise again in the next following months so all of will be benefited again.Just wait and don't be afraid to invest because bitcoin is relevant in our daily life.

[Joeyvicky]

In this current falling state of bitcoin there is no competitor and i am very optimistic thaat bitcoin will continue to rule as king of cryptoand nothing or no a;tcoin can render it irrelevant. It the best coinnand still impacting lives.

[jeromix]

I can't figure out really why one will say that bitcoin is irrelevant where in fact the bitcoin has no competition and all other crypto are just an alternative to it. All of the crypto are bitcoin base and you can see this in the market wherr bitcoin market price drop then so does the other crypto in the market.

[Daniel91]

So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!

I don't see such scenario in the close future.
Bitcoin was first, bitcoin is crypto leader and will remain leader for many years.
Of course, 10 or 20 years can be very long period of time, specially on Internet so I don't think that anybody can be sure about distant future, 10 years or more.
I think it's possible that some other currency will replace bitcoin eventually but not so quickly in my opinion.
Almost all crypto currencies have price drop because bitcoin is still main entry point for many new users and when bitcoin price drop they withdraw money not just from btc but also from all other crypto currencies.

[ynatopak14]

Bitcoin will remain as the king of cryptocurrency as for now.
It will take a long time to dethrone the king in this community.
But lets compare it to other technology.
We all know that the telephone is the root of telecommunication in this world.
But they we are using it now frequently.
We had the best selling cellphone from NOKIA.
Nokia never had a fault, they didn't do mistakes.
But they are not the king of cellphones now.

[maianh09]

So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!

Do not worry about these problems, the algorithms need to be perfect if you want Crypto to grow. Bitcoin is invaluable because it is more valuable and more accessible to evaporate than other Altcoin. Every investor is interested in profitability, and they do not care about the perfection of the platform.

[FunGate]

Bitcoin will remain the main coin until another one is accepted as a universal currency, which I think will eventually happen.

This coin will have to solve Bitcoin's current problems and those of all other altcoins up until this point-lack of usability, difficult to use, and there is still the risk of getting hacked or being subjected to fraud because we still have to use exchanges.

[Bonheur]

For now bitcoin will still be the king.But in the long run I believe one of the bitcoin forks will take its place.Yes bitcoin is the one that opened the door for so many opportunities but being the prototype means being the one that can be improved.For example I really like bitcore's features and improvements.

[Wind_FURY]

Bitcoin is the only real crypto, well you can cound on Ethereum, too, but please don't compare them with any alts.

Ethereum is an unscalable network that has not reached, and will never reach its goal as a "world computer". There is not one useful "DAPP" running on it, and there is not one strong and healthy decentralised system created.

Newbies should know this.

[dmcx]

In this current falling state of bitcoin there is no competitor and i am very optimistic thaat bitcoin will continue to rule as king of cryptoand nothing or no a;tcoin can render it irrelevant. It the best coinnand still impacting lives.

I believe so. But all positive people with bitcoins are telling each other that bitcoins will die, dropping to 1k. These are the opinions I deem wrong, myths and BTC will prove that it's wrong in early 2019, I believe in Bitcoin .

[Harkorede]

Bitcoin had already set a pace for which others are following, and so far, none has even come close but, should eventually any coin surpasses bitcoin (Which I find very unlikely, at least not for the nearest future), Still bitcoin wouldn't become irrelevant and will still always be reference point for how the whole cryptocurrency came into play.

The price drop isn't showing that great either!

As for the price fall, that has nothing to do with bitcoin dying or becoming irrelevant; It is all due to the big players at their game, it will all be over soon.

[pacman7331]

Nothing is 100% accurate or problem free so bitcoin also have some problem but this is not a big deal because bitcoin has a lot of advantages and positive sides where its minor problem is not countable. So there is no chance to be irrelevant but it will always be relevant remain the king.

[SixOfFive]

Everything has to end one day. The same applies to Bitcoin too. That being said, I think Bitcoin will still remain the king of the cryptocurrency market and is not going to end anytime soon. I know it has many problems but it enjoys strong support of its community. The Bitcoin enjoys the faith of the investors and has maintained its first position since its launch. I don’t think it will be easy to dethrone Bitcoin from its position.

[Olayinka225]

I see bitcoin becoming just an investment soon because I can see many other altcoins trying to overtake bitcoin. More and more coins are on the way to replace bitcoin power.

[reynald70]

I think Bitcoin will continue to be king at any time, because BItcoin is the first digital coin to experience great success, so many other Altcoins are following it, and the current Bitcoin price is decreasing is normal, because we know the price of Bitcoin from first listed in the price exchange market is always up and down, so I still have a positive outlook on Bitcoin.

[HODL2090]

There is of course always room for improvements, considering the wealth of experience and expertise  in the cryptocurrency sector.
Bitcoin has a clear lead at the moment. And it can still be improved, same with other technologies. I don't see Bitcoin becoming irrelevant in the near future, or distant future to that effect.

[bolbau]

bitcoin will still be the best at its function. even if there are new coins that offer better technology, it is not a setback. this is a good sign that more and more people are interested in developing blockchain technology in crypto. bitcoin is a reference because it is the first digital coin found. and I think people will still believe in bitcoin at any time.

[enhu]

None of these coins solve the adoption problem, they compete to its perfection but I think the biggest problem is its utility which I believed solve by platforms already. Bitcoin still can remain king because of its limited supply and widely known everywhere that when people think of crypto its bitcoin that comes in mind. It will be the king still even when confirmation could take hours.