Will Bitcoin remains the king of Crypto Market?

[yusupjatigumilar]

Bitcoin is the parent of all crypto currencies, so it is impossible to replace Bitcoin as the king of crypto currencies, even though there will be new crypto currencies popping up every day and there are even crypto currencies that have a higher price than bitcoin, still the eyes of users. Crypto money is more dominant to bitcoins that have already appeared before other crypto currencies, so I think bitcoin will still be the king of crypto currencies.

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[Rufsilf]

you have already answered your own question!

there can be a new coin some day that takes bitcoin's place but so far we have seen thousands of new coins and none of them were even good let alone want to come close to bitcoin to take its place

Right, for now bitcoin is the king but we can’t say for sure in the future because our technology is evolving and so as altcoins so someone might be able to create a coin that can replace bitcoin, but I think it would not be easy to replace bitcoin because it has been provide by investors and it may take a lot of work to create an altcoin that would be better than bitcoin.

[alroys]

Yes, Bitcoin will still be the king of Cryptocurrency.  Because Bitcoin is the main coin in Cryptocurrency, Bitcoin has the highest value compared to other coins.  Although there are many good coins in this Cryptocurrency, they will never be able to defeat Bitcoin, until whenever Bitcoin will remain the first.

[RomanPetrush]

Bitcoin will show us more a bit later. Wait for it, it will be so crazy. We already saw a crazy staff man. Libra + BTC means Mars, not the moon.

[Sithara007]

Who knows Bitcoin will the Number one in the future? Does anyone know that's bitcoin will still work in the future? I think here a new coin will get the first place in the crypto market. Any coin takes this place. Need more popularity and marketing with a good opportunity.

So, My question is, Will Bitcoin remains the king of Crypto Market in the future?

So far I can't see any evidence to the contrary. Bitcoin was first mined in 2009, and ever since then it has remained as the no.1 cryptocurrency in terms of market capitalization and the number of users. The only instance when it faced some competition was during mid-2017, when Ethereum was very close to overtaking the market cap of BTC. But ETH is in very bad state now, due to the destruction of the ICO market.

[Fundamentals Of]

The far away future is not for us to take a peek. But insofar as the near future is concerned, I cannot see an altcoin that appears to be a viable option to replace Bitcoin. For now, the rule of Bitcoin is unchallenged. The rise of the news about the upcoming release of Libracoin is posed as a possible challenge to the rule of Bitcoin. But as I see it, there isn't any threat at all. As a matter of fact, the release of the news even propelled Bitcoin to higher prices. For the next several decades, I can still see Bitcoin sitting on the throne. 

[joinfree]

Well you don't need to be told twice when it comes to the cryptocurrency which is going to dominate the market. Bitcoin has always been the king of cryptocurrencies ever since it was generated and there is absolutely no cryptocurrency that can usurp its authority over the market.

[beatzcoin123]

It wont be too right to speculate about other coins superceeding or taking over bitcoin dominance in the crypto space, as no one knows what tomorrow holds. But as it stands, bitcoin still remain the king of crypto currency, I dont see a coin taking over from bitcoin soon, not even in the near future.

[sulis sudibyo]

I'm optimistic that bitcoin will still be king and number one crypto. although now there are many speculations that corner Bitcoin, but that is only limited to predictions. bitcoin has proven that he can be the best, and will remain so in the future. and when the price of bitcoin falls, he still has the power to rise and maintain the first position.

[slaman29]

Perhaps someday this will happen, no one knows. But so far we can see that even among such a large number of new coins, bitcoin still holds a leading position. So far, he has no equal.

The thing is, even if this should happen one day, it wouldn't matter to bitcoin. And I think it might actually happen because there is just too much competition and too many coins are having big banking money around them, they could all decide one day to pool their resources and just go for it, maybe around something like Ripple or even Tether or even Libra. But it won't matter! Bitcoin, king or not, will still be the one that plays the most important role.

[joeperry]

Will always be on top no matter what, most of the projects not just on cryptocurrency but some such as in amazon and other services only accepts Bitcoin since it's the major cryptocurrency and sometimes Ethereum but not always and also Bitcoin is paired with most of the cryptocurrency on the market (not all but most of them) so that's the answer for your question.

[Lily_Olive]

No doubt  Bitcoin will  always remain the king of Crypto Master.. no one will take place.. thousands. Of people are moving  towards the bitcoin.. so it will..

[Lily_Olive]

We have seen thousands of coin has been created after creation of bitcoin. But till now Bitcoin is the king of markets. All the coins depend on bitcoin run. Its because of exchanges, because all the exchanges accept bitcoin as a mother coin and bitcoin has a great community. So I think Bitcoin will remain as a king of crypto market even there is new coin created by others. It's very easy create a new coin but it's not very easy create a great community.

Yeah new coins can't  take place of bitcoin.. the main thing is community . The bitcoin community  is more  and large as compared  to any coin..

[xSkylarx]

Bitcoin will still remain king of cryptocurrencies whatever happens. All other crypto were created because of bitcoin. They are created to compete with bitcoin but they never accomplished it. If bitcoin will die then other alts will follow as well imo.

[proTECH77]

i think bitcoin will be the king if crypto will grow all over the world, there wont be any coin that will beat bitcoin

Future is unpredictable and there may or not a coin that will measure up to Bitcoin but let us watch what the future holds. Presently Bitcoin is the king and had gained the needed recognition from the.masses, so it will be some what impossible to see that coin that will beat down Bitcoin now or in the nearest future.

[maxreish]

you have already answered your own question!

there can be a new coin some day that takes bitcoin's place but so far we have seen thousands of new coins and none of them were even good let alone want to come close to bitcoin to take its place

Since when did other coin surpass bitcoin? From the moment I have enteres crypto space, bitcoin is the only king I have met before until now. We can't say the future but considering that BTC is the first crypto coin that was invented makes it a King in the crypto world. There is something in bitcoin that can't beat any other coins. It's the FIRST coin in cryptocurrency.

[Ioann11]

Bitcoin will grow due to the network effect. People on the Bitcoin network will bring new people to the network, which will expand it. And other small altcoins just will not stand the competition in this with Bitcoin. This can be compared with social networks such as Facebook, which is so large that other small social networks lose the largest.

[Slow death]

Bitcoin will show us more a bit later. Wait for it, it will be so crazy. We already saw a crazy staff man. Libra + BTC means Mars, not the moon.

Why do you think bitcoin needs Libra to go on Mars? Libra faces major obstacles from governments

US Congress Requests Moratorium on Facebook’s Libra Stablecoin

”This raises serious privacy, trading, national security, and monetary policy concerns for not only Facebook's over 2 billion users, but also for investors, consumers, and the broader global economy.”

If you watch American movies and series then you should know how Americans take that word "national security" very seriously. The word naticional security is the last argument that they use to overthrow anything that they do not like. are at those times that I wanted to be a fly to see the face of Mark Zuckerberg. I believe he do not sleep well, especially if he heard that his currency is a danger to the US "national security"

[safelycrypto]

Who knows Bitcoin will the Number one in the future? Does anyone know that's bitcoin will still work in the future? I think here a new coin will get the first place in the crypto market. Any coin takes this place. Need more popularity and marketing with a good opportunity.

So, My question is, Will Bitcoin remains the king of Crypto Market in the future?

The market capital of bitcoin is highest at this time there is no doubt about that. But the presence of the altcoins makes it more accessible for a larger audience.

[Herbert2020]

Bitcoin will show us more a bit later. Wait for it, it will be so crazy. We already saw a crazy staff man. Libra + BTC means Mars, not the moon.

Why do you think bitcoin needs Libra to go on Mars? Libra faces major obstacles from governments

for the past couple of weeks someone started something about bitcoin rise being because of Libra and since for a year certain people were desperate for any reason to justify a rise that weren't coming (in 2018) they are now easily convinced that it must be true. which is why we see it repeated like a parrot now. it is like ETF news all over again but since price was correction at the time, it never stuck.