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Author Topic: Will bitcoin looses It's Top spot?  (Read 164 times)
Goodvalony (OP)
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March 30, 2019, 07:41:31 PM
 #1

 honestly, it might sounds stupid because we all knew that bitcoin is the first cryptocurrency. All other currency pegged their trade on it. bitcoin as we all knew has a purpose. for payment. it's major purpose is for transaction. anything that has to do with payments majorly.
what if a cryptocurrency pop up from nowhere with a huge and multiple purpose other than bitcoin? is there a possibility of another currency taking over the top spot.
cryptjh
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March 30, 2019, 10:30:00 PM
 #2

honestly, it might sounds stupid because we all knew that bitcoin is the first cryptocurrency. All other currency pegged their trade on it. bitcoin as we all knew has a purpose. for payment. it's major purpose is for transaction. anything that has to do with payments majorly.
what if a cryptocurrency pop up from nowhere with a huge and multiple purpose other than bitcoin? is there a possibility of another currency taking over the top spot.


If someone, that cut be facebook or big bank added a stable coin with 100B coins or more,  then that stable coin would be number one on coinmarketcap, this scenario would most like happened one day. However, that would not make that new coin a trustworthy store of value.
I don't really see any coin ready to take over bitcoins as king of crypto.
BADecker
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March 30, 2019, 10:57:13 PM
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BCH might be flakier than BTC, but as of this writing, BCH is growing faster than BTC, percentage-wise. Both of them are growing faster than BSV percentage-wise

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March 31, 2019, 12:47:50 AM
 #4

There's a possibility.
traderethereum
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March 31, 2019, 01:47:18 AM
 #5

We already have bitcoin for the top spot in the cryptocurrency, but I don't know if the other new crypto can taking over the position because bitcoin is too strong for them.
But the chance will always open because we know that every day, new technology will come out and will compete with the existing technology. So we don't know if someday, there is a new technology that could beat bitcoin.

nordinalthaus
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March 31, 2019, 08:18:32 AM
 #6

In this industry, anything's possible.
r1a2y3m4
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March 31, 2019, 08:52:02 AM
 #7

If someone, that cut be facebook or big bank added a stable coin with 100B coins or more,  then that stable coin would be number one on coinmarketcap, this scenario would most like happened one day. However, that would not make that new coin a trustworthy store of value.
I don't really see any coin ready to take over bitcoins as king of crypto.
What coin do you think will reach that kind of position? I mean, it's possible and I believe so that it could happen. But, I'm still rooting for bitcoin not to lose its top position.

Ximoandali
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March 31, 2019, 11:51:10 AM
 #8

honestly, it might sounds stupid because we all knew that bitcoin is the first cryptocurrency. All other currency pegged their trade on it. bitcoin as we all knew has a purpose. for payment. it's major purpose is for transaction. anything that has to do with payments majorly.
what if a cryptocurrency pop up from nowhere with a huge and multiple purpose other than bitcoin? is there a possibility of another currency taking over the top spot.
I do not think that bitcoin can go lower if you look at that for 10 years, no one came close even close to the capitalization of bitcoin

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dark08
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March 31, 2019, 12:34:36 PM
 #9

We already have bitcoin for the top spot in the cryptocurrency, but I don't know if the other new crypto can taking over the position because bitcoin is too strong for them.
But the chance will always open because we know that every day, new technology will come out and will compete with the existing technology. So we don't know if someday, there is a new technology that could beat bitcoin.

At the beginning of cryptoworld bitcoin is the first one trusted and proved all over the years if you based this events happen to bitcoin I'm surenoone can defeat bitcoin even the other biggest altcoin in the market and take a look even the price continue to down bitcoin still in the no. One spot.

Daniel91
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March 31, 2019, 12:37:06 PM
 #10

honestly, it might sounds stupid because we all knew that bitcoin is the first cryptocurrency. All other currency pegged their trade on it. bitcoin as we all knew has a purpose. for payment. it's major purpose is for transaction. anything that has to do with payments majorly.
what if a cryptocurrency pop up from nowhere with a huge and multiple purpose other than bitcoin? is there a possibility of another currency taking over the top spot.

In the short time period Bitcoin will remain leader in the crypto world.
Very simple reason for it.
Bitcoin is already well known in the public and still bitcoin is the main entry point in the crypto world for the most users.
In the long term, who knows, everything is possible.


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markstivn98
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March 31, 2019, 12:45:46 PM
 #11

honestly, it might sounds stupid because we all knew that bitcoin is the first cryptocurrency. All other currency pegged their trade on it. bitcoin as we all knew has a purpose. for payment. it's major purpose is for transaction. anything that has to do with payments majorly.
what if a cryptocurrency pop up from nowhere with a huge and multiple purpose other than bitcoin? is there a possibility of another currency taking over the top spot.
Maybe that will happen
But I do not think that his work will succeed
The bitcoin will remain dominant.
markstivn98
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March 31, 2019, 12:48:17 PM
 #12

In this industry, anything's possible.
So you are entitled to everything possible in the field bitcoin
There are many currencies that compete with bitcoin but can not succeed like him.
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