Is future really bitcoin?>

[rufio90210]

Hi,

Im new to trading, there are so many coins and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

[muslol67]

Hi,

Im new to trading, there are so many coins and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

The subject of mining and energy is completely relative. The energy consumed in today's conditions will not be the same as the future. Perhaps, as a result of some technological developments, energy consumption will decrease. I think we have more important problems, such as legal regulations.

[rufio90210]

Even though bitcoin is decentralized, are people still able to develop it and evolve it to compete with other crypto as time goes by?

[Pixyoxx]

I think the future really is Bitcoins as it is the most dominant Cryptocurrency in the market right now and also it's decentralised.
Most people trust and invest in Bitcoins than any other.
Although legalisation with the government is the most important step before we can say anything about evolution of Bitcoins.

[loopes]

Even though bitcoin is decentralized, are people still able to develop it and evolve it to compete with other crypto as time goes by?

One of the reasons that Bitcoin as a the first cryptocurrency becomes number one is its huge community. Because of this, i think, on the contrary, the other cryptocurrencies should compete the existence of bitcoin.

[YuginKadoya]

If given that some Altcoin will have an opportunity to increase in value just like Bitcoin or some Altcoin would gain the level just like Bitcoin did, It will be the same the transaction would surely get slower because of Bitcoin back then had a faster transaction because it's not that hard to mine back then, The fact that there are miner fees to cover and miner to confirm a transaction they will need a higher fee, And that is why lightning network was introduce,

Well, I can say that Bitcoin may become a future currency or asset because it got the foundation that its stablish right now more than any other Altcoin, It is the main crypto and the father of all Cryptocurrencies so that is the real base of Bitcoin's superiority.

[ololajulo]

Even though bitcoin is decentralized, are people still able to develop it and evolve it to compete with other crypto as time goes by?

One of the reasons that Bitcoin as a the first cryptocurrency becomes number one is its huge community. Because of this, i think, on the contrary, the other cryptocurrencies should compete the existence of bitcoin.

This looks like the main factor 'the huge community', even those coin that forked out of bitcoin because of the governance issue still look back at bitcoin's community, they cant have that size. The market trend now is adding up to the bitcoin community while investors are dumping other coin to hold bitcoin, it also looks like the only fund coming in is into bitcoin. The confidence is high in bitcoin and the generally known name in the space.

[mirakal]

Can you edit your thread title to "Is Bitcoin really the Future"?


For me yes, we don't know really but I believe it is the future in the crypto world, and not only bitcoin because the crypto market is growing and the adoption continues. I can envision the future that crypto is a big part of the digital currency world, especially bitcoin.

[Herros]

Because basically, technology in Bitcoin provides a decentralized currency circulation system in the hands of members Lot. Therefore, no one person is committed to holding more authority in the aphis or the intervention of Bitcoin. Because it grows and circulates in the virtual world, buy/sell Bitcoin directly so that global consumption is not centered on the regulation of the state Multigriya Keluaga.

[Chlotide]

Even though bitcoin is decentralized, are people still able to develop it and evolve it to compete with other crypto as time goes by?

There is a team that handles any updates on the bitcoin core software and on the blockchain in reneral. But mainly there arr many trade-offs. They can make blocks bigger for example, for scalability purposes, but that might compromise security, make node setup much harder, increase the "oprhan" proportion between blocks and many others that we might not even think about. It is very hand to update the perfect system. You have to take too many variables into account.
It will take some time for the shitcoins to evolve and come up with better ideas and newer thechnologies that eventually can be implemented into btc if the community will agree.
The same thing is all over the tech world. Very hard to upgrade without screwing something else up. Patience my friend...

[bitbunnny]

Yes, there are many coins at the market. Too many if you ask me. No matter that competition is good there are not much quality coins at market with good perspective, so, yes, future still belongs to Bitcoin. It's still the most accepted, most used in real world and with potential for further development even for implementing in traditional fiat financial systems. At the moment I can't see anything that could replace Bitcoin in crypto world.

[Zentachain1990]

No Btc is not future. Future is blockchain. We may say that BTC is just one product of Blockchain. Blockchain is the future of world and technology. We can not say that BTC equal Blockchain. Blockchain will change everything in the world.

[inechain_original]

Many people doubt that cryptocurrencies are permanent or reliable. Since the government treats them with great caution. Because Gov can not control this process. Hah! But truth can be born in chaos. And not only in a rigid monopoly.

[Coyster]

Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins?

I wouldn't mind if you give us a comprehensive list of the coins you claim are better equipped than the bitcoin, as far as I know, no alternative coin has the capability to compete with the bitcoin, no alt is even a threat to bitcoin.
Bitcoin is the main coin because it's the first, most stable, has the highest value and is the top of the cryptocurrency coins.

[CryptopreneurBrainboss]

Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

Bitcoin is considered the main one (using your words) because we can only have one true bitcoin but as for altcoins, we can have as many as we want and just for the record the good ones are yet to be developed. Bitcoin has stood the taste of time (currently 10years and counting) so it has earn the trust of the community but the altcoins you speak of haven't.

Bitcoin is the most used cryptocurrency globally, that's it's the cryptocurrency with the highest adoption globally and finally in related to investment capital flowing into the market while altcoins have to share their allocations bitcoin doesn't have a worthy competitor that's why it's currently the leading in market cap.

[Artemis3]

Bitcoin has a good chance to become world's currency, and overcome all its opposition. It comes with tremendous inertia, it simply cannot be stopped overnight after 10 years of energy being put to it.

For a true contender to challenge it, it would need first to overcome all the other altcoins. No altcoin has kept the first place among themselves for long.

Such contender has to be a better Bitcoin, not a worse Bitcoin. this is difficult as Bitcoin itself can, and has been improved (albeit slowly) over time. Also Bitcoin does have a big prestige, no altcoin or even Bitcoin wannabes have managed to snatch for themselves, no matter how much money they invest.

As any other Free open-source software project, it IS possible for a better alternative to emerge, but it still hasn't happened, or has failed to convince the market.

After 10 years it is clear to me that Bitcoin remains reigning supreme.

[putukin]

When Bitcoin appeared that during many years it has no competitors and people bought this coin. Yes, according to the characteristics, there are better coins, but too many Bitcoins were bought and because of this, the coin began to lead the market by asking the price and direction of all cryptocurrencies.

[Fundamentals Of]

Bitcoin is developing. It is not stagnant at all. And the technologies affecting Bitcoin are also developing. The speed of transactions are being efficiently addressed. The Lightning Network is the step by which the concerns about speed is given solution to. As regards energy consumption, various steps are also done in order to put into the picture the use of renewable energy. Many of these have already materialized.

[xvids]

Hi,

Im new to trading, there are so many coins and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

Bitcoin is considered the main or center of the crypto because it is the king of all crypto.
And it is the very first crypto to be successful.
And just to answer the title of this topic yes Bitcoin is the future of crypto currency.
And as you can see Bitcoin is also evolving and being adopted by the mainstream there are now so many merchant,companies and people who are using it.

[CBANX3]

Yes, future is of Bitcoin or else cryptocurrency as no one want to hodl on their asset so, decentralization is going to rule the financial community in the future for sure.